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HomeMy WebLinkAbout0094 ~U!i n r (,1. \ UCiE COUh~l. fL~, UfHIt'r (t,) of l~AT.'nlJlh 2 pnxt'<ilfla ehllll lIot he aufllci.'nt lo pay Sround H'nU. tax.t'S Ilnd ~Millt'llt!l lUl\i 11\..'1UriUIC(' pTt'rnlllrn8. a.-'t ltw CMe roll)' 1.)('. WIWll H\I' &Arne s.h..ll 1)('('0011' dut' and p.ayablt.', lhi'n thl' n\Ort~it~vr IIhall pay lo tht' m(Ht~36(t't' All)' lUllO\Jnt f11'Ct'I'..'l-.H)' lo mekt' up thl' dtflClt'l\fY. on or bdllT.' tL. clak wh.'n paymellt Iff Rueh ~.OtllHI T\'lIt", ta"(I'lI. l\.&oH'AAnlt'lIt~. OT il'lAUrl\l1(,' pft'OlllHl\S shall lit' dup, If at ilflY l\nll.' lht' rnnrtllagl1r I'hiOll tt'od('f tAl Hlt' llillrt~j\Kt1.' In accordllllC~' v.lth tht' IHO\"18WIlII of tht' not.. Il....'llr...t 1\t'T\'by. full paplil,ot of tllt' elllIT.' Indl'btt'\lnl't..'1 n'ph-sepl...t lhf'ft'hy. thi' mOftl(!lgl'l' 1\h,1I1. IlIlOII\. I'utlll\{ tilt, 81ll(;U~ of !ludl IIlctl'bh--<if.H'~. CTt'<.ht to till' I\nOlllll of '.h(> mortllagor a.ll payrnl'flt.'\ rnad,' lllld.'r th.' prf.\I!lIOlllI uf \(1) of \,!HI\f!'rAph 1. Iwr....,f which thl' 1ll0n~BKI~ hu Iloll){'('olllt' obhl{atl.,t to I'i'l~' to thr Ft',dl'rallhIUl\\II\{ CQOlmlMIOIlt'T ll11d any !lalallt'\' fI'IIl!\llIllll{ III th,' fund" RfClIf1lula!l.d Ulldn lh,' PfO\ 1'1 lOll" of (b) of stud I~l N-grilph~, If 0\('1 \' .h;1I11)t. i\ dl'fault Ilnda I\n)' of th,' pro\"llIll.lIl!\ of thiS lII'Ilt;{lIKt', r.', liullll'~ In A l;ubl1c "a).' ,Jf tht' prt'IIl!M'1i 1'1)\1.[1.....1 hnlily. Ill' If th.. lIlortgl\l{l'" ACqUlrd the propt.'fly other. \\ 1M' after ddi\ull, th,' m\lrt~ait'" I\hall apply, at tht, !.Iml' ot till' (',mlllH'fI(l'lI\<'ot oi 1I11ch I'fO(I",,\IIIIP "r at lht' lllli" llll' prilpt'rt)' 11\ othl'rwll\l' IU:quir,..1. till' balll.l\"p thIn Tl'/Ill\llllflj{ III the fUlld'l 1I((UlIlulat..1 until'! (t,) of pllraRTaph ~ p,......'..IIIIj{ !\.'l 1\ n,'.1it a;(El.lll~t thl' IUlIOlJlIt of prlnclplIl tlWli rt-1Il1l11l11'1{ 11111'.11.1 1I11,j,-1 ,atll not.. Illld "hall pTOpt'r!y R,I}\jSllHlY pa~IlH'nt..'1 \dll(h ~hllll haVl.I....'.1l malt.' undl'r {al of ~lIld 1',lr,ljo;lal'h .t. That ht, w!1I pay all 1,,'(,'8. 1t.'\..'1..1\.....ml.nl.'1, wflter ratt..~, allll othl'T ~ll"'I'Tnm"lItalo~' rnuIIH'II',li (h.lr~.''', fl!l"~' or lml~l,~l!llIll'l. fllr whIch pr..\ 1'11011 hlL'! Ilot \><'.'11 lIlad,' h"f,'llilx'itlT\" and \II lit-fault tli,'r..;;f th.' mil! t, ga~l;' ma)' PilY tilt' sam..; alll\ lhllt i\l' will pr"'lIptly drh\l'i tht' (lllIL-Ia! l"":'.'lpL, tllt'rdor lo ttit' n'1l1t).:al{'~ e fl That h,' wtll p.'rJ\lIl. flllllfIlIt.llr ~uHt'r no v.a.'\t(., II1lpi-lIroH'nt, or dtli'rloratloll of :'\,wl l'fl'lwrt\ ':1 R!I\" I'Mt thef....,f; alid III till' t'V"!lt of tilt' falluTt. of thl' Ill..rtj(il),(of tll k"t.p tlll' l'\Jddln~:__ oIl :'\,Ilil 1'1 "1111:,.'." i\(I\! th(>;\I' to hi' .'f(.{t.'{! on !lilld l,r.-rllH\!'s,..r :mpro\"ull"lIt.." t1lt'r"lIlI. III )o;'~h\ rt'pillf. tht' mOlt~',\!:." llla\ rn;lkl' ~ueh rt'\I.;\lr-- iI." 11I1l..'i dll\Crdlolllt may dl"1I1 nl'("",~,HY f()f till' pri)r~.'r pft'M'I\';ltloll tllt',..,f. alld nl" f'.lllllfllllunt ,of I ai'll al,'\ ,'vI'ry illleh pa) lIi,'llt lIhall L..., Inlflw,l1at.-ly dll(' allll paYill,l." and shilil I.... "n.lIl'''.j \;~ tilt' !iell of thl~ rnllrt~i\t<t', f~ That I.' w.;; l'il)' !lll alld ~lfl~lllllr Hit' r..,.\t.'\, (hHf~h"', and "\IWfl"I'~. !lll'l\ldlll~ n",'\OlLlh!.. \;\\\ \ 1'1"" f.'",\. and I"O-lt,'\ I,f 1II",tr,t,'b IIf tltk, 111\ lIfr...1 III 1',I;d ;11. allY tUIl" h,. : ill' rn", t~.\).:,..' 1,l'<.'.l\I.... tlf th,' f.,II11I" Oll till' pilft IOf till' llil.rt~a~(lr Pl"fliptl:.- ;llld fully lo IlI'rf,'rrll th,' ;I:':" "ll\lld:' i\lid (1I\.'II.lld... pi ',I,d l'I"ll;' 1"-""')' Ilot.' ;-\1\,1 thl!! mnri~aK", Rlld !iil.ld r 0:.; t.'\ , dlltrj{l'!\, lInd "'(I>-t'i.ll":\ "'II"\! I..., Irnrn.'.\liltdy dlj.. ;11i.1 1'.1\' aliI" Rnr\ !<hl\ll fW /....:llTt"\ by tlll' ltt'n o( thl!\ 1lI0rti{i\i{I'. 7, That hi' \\ tll}.."('!' tht' 111\pIU\~'ll\t'llt.,> !illW .'xi.'\ll:lll. or hl'f..-i\ikr I'n,:t.',\ Oil thl' 1lIortKll~.,1 PloP,'lt\, IfISllft'\ a..'\ rIlllY \.... rl~I\JlrH\ frolll tl!I1" tll tilllP hy tho' rnl)rtKa~I'" i\j[,cljll"t 1<.,..;.; by It I'.' <l1,d "tL,r Lrll.ild;. ca,'\ualt!t'.'\, ;lnd rl'!1tll!~.IH.lt':I III SUi'll !I!tIl'\lIIL" lIlld tllr "\11'11 pl'n,~h a,'; IllltY h. r"'PIII"'\ 10\' 1n"lli.!.I).""" and wllll':!Y 1'1\Jll1pth. wl1\'1I llu,', illIY )l11'nd\l!li" nil ,;,). II IIISlilalllT ior 1':1\ Iii, I,t of \\ t.\I h I'f"\ I"I"" 1:.1" Il(lt Lon'!! mad.' h.'r..\lti...filft. ..\iI II1'>Ulalll" "hail I... ....(rfl.',\ III I tlfllP:llll".. :11'1" ,'\ .',\ 1,\ 1ll"I: ,',I~:'" .llld til.. 1",,111.1....'> allll f,'ll"\' Ah ti".'f' "f ShHlI lit' ;..,1.\ i,~ 1I1i]rt~,I~'" ;ill;! l.a\I' alt." L,.d tL,'I' III I".",> i';t\;I!ll., r1.iU.~I',~ III fil'."! pf alld III fllfm .!,npt.d'\.' t,. till' lIl(lrtv..I~I"', !il "\I'lIt "I Ill"" h. \I III Kl\" Illi!!" dlOd., 11,.t,,-.' by mall I'. !l;olt",q~"'.'. alld llI"n~,Ij."'" lli,l\ Illilk.' Illo.,f of i..~" If lillt 11I.1.\'- plomptl\ L\ fliOI 'jl,iW'I, .'lfld "I' t, 1r.....'lT.\lII. l(lmp;u:\ "'lill'f1'"! I~ j;t'f,'l:y ~\llh"'I/.',j ;\Ild dll,'d,d tn tn;II". 1'.1~ln;'I.! ["I ;.1111. \"'" dlndl\ to JIlI.r'.,:.ljl..." "",-":Id 1'( t..Ili.,/lll,I;':"l ,\lid 111l.!\).:,q.....' )olnil~, ;In.! till' lli'\UI,\IIlI' If!,'\.,..,b. "1 i\ll\ pMl tli' fl~,f. may lit' il\'1,II,d I.y lllort).:,I,."" .11 Ib ol,tl'l1; . ithl'f t,. thl' I. .!lldi'lfl ..f It.... II,d. L!. dli"'~ 1"'1' l,\' ~,'cu;...i or tll t!.,. 11'.,\"I;llloli 01 f'I,.lIf..f tt... 1'1"I,,';l,\ d,I!II;1~,'d III '\'.!;t "f f..rq'llhlll" llj tii", 1Ii,.rt,:,I)(I' "1' "tl:,'r tran,.;f!'r of tit,.. tu lh,. JlillrtK.I)<,d fil''1'''ltv III ..'tlli~~\:\..Lf!lt'f1t i'( th, ill>!' L:, .Ill"'" ,,',\If,d t1l'r"b"'.lill rll{ht,l!tlt-. alid lI\t"/I,,,,t...f lh'l1lllrt\lHI!;I! III "lid l"illI~ 1!1'\III.llill'I"';I'I"~ :lwI;!I< f"ft'" ~hall l"'.."~ to lilt' purch'k......r or In'lnk'-'. X. Ti'At th.' l1'IHtj.(itlli'... ma\'. ilt any lmi.' 1"'lldlllV 1\ ~\il\l UP"!: 1I.1'\ !l\('ftK.lll" ,'1,.,1\' I" th,' C;,~ltt 1::1\' 'l.~' )ufli<dldlflll tb"I..,,( fOf th" IlPI'o;l\tmt'llt of HI'" l'IY,'f. IInd "'IICI: <,(HlTt ~l:,.n fill 111\\ ltb ;qlpoll;\ :I II'<"I\,-f (If th" I'r,'ml~t',~ CO\\'l'.! h"ld.)" iI!1 ,ind '\lfI~ulill, llirludlll~ all and Sllllllil.1! t.f, 1111'''11:'', PI"!.!', b:\U,'..,. .1I\d f"\,'liU.':-; fl<,ln wh.lt. '."( ~1I\lfl" d,'n\,.I, "'l,b and "\"1" of ,,\hie io, It I..-I!',' ,'p!.."I~ III,d"I' l-l,"~1. 1:-\ b'I.,I,y lIlUftp:.q.::.'.j oL" If hl'",-.-lllC.dly ,,!,! fl)fth alld .h-~(Id".\ ill tl" ~1.II,tll:ll,t!ld II,ti,,'I.dllll' Il.,\:~," ;"'1. ,,( alld .'Hld, n....'l\.'1 t.!;;'!1 ha\I' a;1 Uw hfn.l.! alld ,.!f..~ tl\" f'i1.. ti'>!''- ,llId i"'''' I;. ;10 at,,, \\ 10;" ,.r;tl\l~\"'\ h\' a CII'lft tn a r.,,',-I'."f. and <;\Hh apl>"liltl1\f'llt skill I... mi'"'' hy ,;ulh 1 'dll\ .1' .il: "j!!l:t~1 d '!jlll\:; .~r:d ;1 rn,ltlt-I..1 ;\t.~"lllt.' fl~ht tll "a!l\lIi{l!t!o':k~"", ;lId WIU,"ut r, f. I. Ill. (II tI" a,lt-quan '<1 11,".1, '''!jt!;t,y "f !ll" \",d,... "f t!". l'r"I,,'llY t:1i'lt~',I~" dill !.. till' ",,1\,'1\1)" 111111",,1\"1,"\ ,,( ~,I"! !lll'ltV,'~'''1 .,1 t.L, tlt-(, Ild...nts. at,d tlu'. ;-.111 r. I' i.t '. pro:.\:.. 11,,'IIJlH'. 1:'.,,111'''. .,lllj f'.\I'I\lI....; .-h;111 I", .1\'1,111.' I". ".I! I, 1'" 1\1 I attllrllll.ll t.. tb.' L..t: ,.f lhl:' :ri<q ll'.i~'" ilr:d 11:" l'r;i' l:I' iff 'Hi!;' "'l!lrt III tL,. I."."t "f ,ill:' d. (,III I! "!i tt;o p,lft ,.f !h., !11,qtlo',I)C"f I.. I,qnd"f. !l,.' rn"rtv,,~~..r .Ij(f"""' tl! 1'.1:, t" li'l lllllftlo';ql"" ..I: d.'fll.lnd iI:-;' I' .1"'" ;d,\,- l1in;.tL!\, I' l.t,d f..r tJ". I'r"illl"'" ,1\, ,'lIl1l!lllt ;',\ !t'....,t ,'q'II\,;kll! t" 1I111' t" ,'lft!: ('I.) ,,( rl". ,1j(VI' Vi'\' of tL.. t '.,.h" Pllol,t!.!\ Ifl"Ldlnl' Ii:~, !",'"dd" II> th,' til"!1 t"l1lr<'lit YI'.lf l,b', ti,. :1'..: 'Ld .1I1111I1I,t ..( tiil' ;lldlli.:! \.\\",.." II.,,,.:,,.I"'!,(,,. \\.I\.r l.ll':' :1l1d Ifl"lll.llll" l'f"'lIl'lnl~ f..r IHlt'h y,'ar Il"t '"\' r..d by tl... ai..r.'...;;:.! rnordhly p.iynQ-nt3 'I TI\l' n\l'fl,',ljI,ilr lilrti,.'f I'Il\"II;lnt~ ll,i.; shfl\dd tI." J11Ilrtjo("}l' ilLIi ti,. I...t. ", ,\l",! ! ,.,.l,~ III,t lw ,.J PliLI.' (',r iflilurilld" UL,t.1 dw ~a!lI'll;.l l\"Il~III~ Ad with.Il frfllll tl. ,l.tl, 10. In,( (.\ fltt"!i ,,(;ll,'np'lit "f <111\ Olllll'f of (iii' Fhkfal HII\I~I:.jt ,\.\rnlllbtf,ltlllll .., ,liIU."rl/.d ,1/-"'1'\ ..f Oil' F. d..,al 1I<l\l~lllV (';.n\l1ll"\.~I"ll\'r dalid ~,ti'~'''III''Il\ to thi tlllll' ffl'll1 tll'" dati' l.f thl~ n',"ltj{.lll", d,.....liliilll{ (Ii I 11-<'11 ft' ~;lld Ji"!." ;lIld thl" llilirt).("i!". I"-II\Y .t.,. ,,,,,.I (",,, 111'':\ I' It; '.;of ,,( '.1)1 j, If; ..I:p:lhlllty), tl". l1Ji'rtj(',li.tIT fir th.' 1.01.1"1 of th.' 1111\" Tnay, at Il:, "1'11"", d. I hll' .IIi -,,!J!!,~ ...",r!,'d hI r..t.) lll:mt~llat..'l:, dl.ll' illld I':lyal,l.'. II} ThaI (,11 iii th.' "\I'n\ 'If All\' IV:aC'h IIf tbl" rnnrtjtHS(" fir d. f.1'ilt {'II lil"I',lrt "f tI" J11"'\Viiy'''r, or (II) Iii tl... "\,'n\ tiLl! ;il.\" ,.f "';lId :;\IIIl~ IIf hWIWV Iwr.'lll I..(,rn',i tll t". I",t I'r"lIl\"..I\ :11,.1 filii-- poliol "IU" (HIt .krni\Jid or lI"t:.-o', .:1' (,-) IJi tll" "V"lIl th;;'!' ,.,\,1. a",j .,,'..rv thl'...tlpUl.tU.'ll..., ,tj(r....'!if'I't., I "lId,;I"II.~, And "'''\"I'nant..>\ of 1!Hld !lot.. i\nd t1111\ rllorlp;Hj{", ,HI' not d\lh, I'rl\lllpt!\'. and ftl!i... I','rfllrllil .I: tL"li II, l':ttH'r or finy !lU, h I'\lQlt, lh.' illild !j(i<ffI.{Ht.. ",11ft) rnl'ntiolwd 111 1\;\1,1 ".-,\.. ,h,'I, 1,!n,IlIlI11Y ulipard, wltL lnlt'r...tt 1\ceru,,\ t., th,d Ill'''', alld ail JIIoll"\!' ~,cllT",j h,'rdJ\". ~,It.lll IH....lIi.. .jil" ..nd l>:l\ "Lk r..rth\\Ith. or t1i1ft'idt"f. at tI\l' lJI,tl'Jli (,f ~:tilllnolti."I~""" iL~ flllly ilflti :olllpl.!." .L' If ..11..( tl;. ..,i!d ~Illl," 'of 11:"1\1'\ w"rl' Ilrll{llIallv ~\lI'IJLllld to\,,' paid on .'\urh day. illlythrlll.' If. s',wlli<,l.' 01 In thh III 01 \)0(,1).:" tl! tt,.. I illl!ral\ IHlt'.\lth5tano!lflloi. ,;no! th.'r,'ul}<;!1 'if tll\'f\'aft"f ~ Ht till' lll'tlllfll)f ~.\l,j mOl \\<.t)(",. \\ rti:ti\lllllll\l.I'''1 ,t. llldnd 11\1 It i1t Iii.... or Iii "'IUlt). IlIi~\" l~' l'fo~,,'ullll il..~ If !III rn"lI"~S f.nur. ,I ii' r!"i,\ !i;"llli;ltUI' oj pr.'" t" Ih Illstl- tutlon Th. fliortj(iIK'" mil' (or.......t"...;, this. lr:ilrt;O:ilj('.', a...'\ to th.' alllll\lllt <:'11 d. .-Llf...! du.. ;0;.1 1':1'. .'\,11, and th., ~it;d pfl'1l115"~ ,,,hnll iw 1\;;1<1 to ~f\t"f.,. illld P,\\" th" ~iUI'" \"K.tL,'r "dh f",t..;. v'I>!"""",-. iH"\ ;tli!l....;lli(f'.~ In (A.o,l' "f 1';lrtIR! fnf,-<'lllo,iJf,' \If thlll mortKilSl"'. till' r!ln!tVi\i."',j Pll'lIlIV'" "hall I",. ~o!d ~\ll,,,'ct 'I' tl.,' Cllll" tlnlJlliV 1\1'/1 ,,( thlll n'lflrtjli1V" fill' H:I' iirJ;llll!l1 ..( th' dd,t Illl! tt:i'1i .ju., F\l:d Illlpiiid In 'Hlrh "iI"" tll" prn VI'II('Il!l of thl.. I'arllv.raph In(,) .1V-flin I,.. A\'addl cof th,"rl,;,(t,'r froln tll11- til t1ml' b\ !hp !n"rlIlA,"'!' 1 1 T h 1\ t till' ITl 0 f I ).; .\ Ie: Ii r \\ ill II i 'd' I m 11 \I" Ii it t. . ll" t I r " j, y rn i\ d I" t tw n i ( . r t !\ :I V'" I. f illI " f" II \ i' Y a n ((, , lr!lfl'lf,'r, ('If dliWK" of ......III.f"!i1J1 of !lIt' PTt'nil'\I'l\ 1'2 That rill ....i\l\f'T (I( 1\11\' CO',fOll'Hll h'-'f.'If1 or of th.' "hl!l{nti'-'li 1\{>('IIf,'d hpr('lly IIhllll i\t. ~ny tlllil' th,'f.'llfkr IJf,' lid.! til I", 1I wJ\I~"'r tit th.. tl'n1\8 h"T 1')( or of thl' note !H-(;IHf"! h,'rt'oj',