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Home My WebLink About0139 - ~.. 0/> . .... ;t~' . li' . ,. ..... .,' ~. .."... ~ . > I .. ~ . i 10 4" ~~ ... ..... .~ . ..."" '.~~~~.:\f.-~~. .... '.....r.......~.~ ~.~ . ........~' :;~;,;~.~,:~~~'.:,:....:.t.: ,'..~ .::;/'~ ',~~', ,.:: ~;:,.'41 ..:-n~ ,:,...':'\ ",:;,\~' '....:,~~,~,.,.:, :""'~ .i'~:;'''~'')::_~':<'i~,~::: , " (;....1:" e~~ la~ ........ ~., ~~, :~' ~ Sl.l~Tliff:,rlA: ": J . OW (.) 01. ~ I P-nMlom..... &It tit'"...... ~ .,~""'~ia and~, .' ~ .~, t . ...,... Dt.ItJ ... .... tlM .... ,'~':L aM .... tUn .., IIOrtnn\r aWl ~ to ..~ IoDJ ..otmt......, to...., the ~ --.e" .. .. betont tIi dat. 'Wfia~t . .. rwata, taaI. ..... n II l..... ~ ,..1... .... be.... ,'if .. 8IIV -. Chct IBO~ __ to.. ~ ill ...... wWa .. ~ ot tat .. ~ ~. 1)11" "t at t;J)e ~ ~ ,.n..... tiIenlbJ, ..~ IIWl. ia .... wttIw, QI, &z>>oQ.t f.....iDdebttdn~ ~ b the acoouat ot......... all ~ made undel ~ ~ or ~: ~ I..... fti:a the ........ taaClWIt Mi'__ 0WCateI to pay ,to .. J'1CIvId B~' ~ ad _ ~.~ nmatDiM Ii tie,... ..x:umul.... ~ prrilaiOl1l qJ (6) Gt ... ~ f. If u......... a~ ..... ~ Of ... ~ 01 thtt.~, ,.. ~ .. · ~ ..." c ct.. ~'tO'fa(td ~~ if UM ~ .....,... ttM J*operty oth~ 'tt'bi alter 0tIf~ ~ ~ ~,., H tho otthe~t:"lud\pdCeedinporu tQe ;:tue~PfO ... ~___ the baIar.\ca tb8 ........ .. the (Imda, aeeumuI.ted QudM (b) of 2 ~.. a ereclit IPiDat the amowt of Dl"iDcipal tba J'lNnaini!ll' unpaid Whdel' aid aote ~l pl'1Qlerly adj_arT paylbata which tb&t ha..... maclittmdar (a) of IiUd parapaph. 4. That he will ~ an tax.. ~ta, water rate&. and other IOvenuneatai 01'. DluQlcipal ~, tme6, or impoeitions, tor which proviaioll bu DOt been made heretabeton. cd iaWa1l1t thceof the molt- ....111&7 ,.,. tM INIIlt ; uwt that he will promplq deliver the omei.tJ reeeipta tMnfar to b mon;.p.. It That he will ,.-.nit, COIOlmJ~ or auJrer DO...... impairment., or det.eri~nti1)Jl r4 taid property or any put thueof; md in the event of h fa!..'uN of th. mortpcor to keep the buDdinp on saiciprem.iHa and thOM t'o be erected OIl aai,;J pnmiMa, CI' improvements ~ ia JON repair, the blort:Jqee may make auch repai?8 U iD it. diIIcMioR it..., doBm ne<:euary for the proper preservation thereof, ed the full ~ount of each and every IUch p&ymNlt IhaU be immediately due and payable. And. ahall be MC".lJ'ed by the lien of t.'1ia mortpp.. , 6. That he .'ilI pay aU _d aiqularthe eoet., e~ aDd expcn.., ineludh.\~l' law,'er'a 1~, an<i COIU ~f ~tract& of title, lIleW'l'ed Of paid At any iime oy the morqqee UN ot the failure on the part of tile mortpcor promptly and f,u~y to perform the aareementa and cove~anta of aaid prom- it10ry note and thia morta'l.re. and lAid co.ta. chArs-. a.n<i GpeUelIh.all be immediately due and pay_ roble aDCi ahall be MC1lf'ed Of OM Hen of thia mortaqe. , 7. TbaZ he wiU keep the imPJ'O"ementa now exia~ or tunatt.r ~ on the mortpaed })1'Optlrty, in.:~red 0.; =&; be required from time to time b~' the mori:<<asef anihlt Joq by fin .nd- other hllUrds, caaualties., and continpneiea in .ucl1 amounta and for sueh "Perba. u may be required b:' mort....ee, and will pa)' promptly, when due, any premiul1Ul on such inau~ for payment of which provision has not been made hereinbefore. All :naurance shaJJ be carried in companies app'"Oved by mortlagee and the poliei. and !'ene_al, thereof shall be held by mortlAIM aDd have attached thereto Iou payable clauaea in favor of and in fonn acceptable to the morta...... In event of Iou he will live immediate notice~l mail to mortpaee, and mort~ee may mAke proof of !oM if not made promptly by mortlaror, and Q inaurance company concerned I' hereby authqrized ed di~ed to nlAke payment for lIuch Iou directly to morti~j'8e instead of tc mortpaor and m~ jointly, and the il1l1iran~ prcc~, or any part thereof, m_y be applied by mcrta:acee lilt ita option either io the reduction of the indebtedneu hereby aoeured or to the I'8iitoration or repair of the property darnaaed. In event ot tony,;losun of this rnortpp or other tralUlfer o~ title to the morta'~M property in extinitUittl..ment of the indebtedneu aeeured hereby, aU rirbt, title, and in~reat of the mortj't.,or in and to any inaurance policies then in torce .hall pay to the purChaier or fl"Ultee. 8, That the morlpcee may, at any time p-endJn, a .uit upon thiJ mon.ace. Itpply to the court hav~ inl' joriJdietion thereof for the appointment of a recefver, and luch tou~ shall forthwith appoint a re<''2iver of the premiaea covered h.,reby all and ain,ular, includinr aU and llinru1ar the incOlfle, profit.8, iuuea, and revenueII from whatever source derived, each and every of which, it bein, expreuly under- stood, i8 hereby m"rq~ II if specifically let forth and dacribed in the grLl'ltiDl' and habendum clau4e8 hereof, a.nd auch receiver ahAlI have all the broad and effective fune'".JoN and powen iEi anywiae entrusted by & court to 8 receiver, and such appointment lhall be mede by such court as an ad:11ittM equity and ~ matter of absolute right to &aid mort,agee, /lLnd without reference to the adl!quacy or inad- equacy of the value of the property mortaaged or to the solvency or inaolvency of &aid mortg!l.gor or the defendant&, and that such rent., proflt&, income, isauea, and revenuea shall boa spplied by such receiver accordillg to the lien o! thiB mort&&i'e and the prl&Cti~ of luch court. In the event of any default on the part of the mor~gagor hereunder, the mortgagor arreea to pay to the mortgal'~ on demand AI a reuon- able nlCinthly rental for the premiAes an a..nount at least equivalent to one-twelfth B'I2) of the anregl\te of the twelve monthly installment.8 pa>.lbl~ in tho then current year plus the nctual amount of the annual taxes aaaesa~ent.s, water r.tes, and inaurance premiums for luch year not covered by the a!oreaaid monthly payments. 9. The mortgagor' further C0venant~ that s}.ould thismortaaa-e and the note ~ecured hereby net be eligible fOT in.!lurance under the NationEJ Houaing Act within ~J J/\', S from the date hp-feof (written statement of any officer of the Federal HOWlini Adminiatra.tiIJn or authorized ~gent of the Fedenl Housing Commissioner dated subsequent to the 30 O/1YS time from the date of this mortpge, declining to insure did note and thia rnortga~e, being deemed conclusive proof ot luch in- e1i(fibility), the mortfagee or the holder of the note may, at 11:2 option, declare all sums secured hereby immediately due knd payMble. 10. That (4) in the event of any breach of thi. morte~ O'r default on the part of the mort~gor: or (b) in the event that any of said sum. ot money herein referred to be not promptly and full)' paId WIth- out demaud Or noti~, or (e) in the e....eut that each and 'tvery the stipulatiol1iS, agreementa, conditiona. and C<lVen.a.llta of .u.id nc.te and thia mortpi'e. are not duly, promptly. and fully performed: then in ei, ,.er or any 8'JCr. ev~nt., the 8~id aggregate ~1.!rn mentioned in a~j<! note then remainl';g unpaid, ",,:ith iU\.8rE!;.lt acerued to t.,hAt time, and ..U moneys ~ured hereby. "hall become c!J1? i\r,d payable fi.rth\<\';~l-, or ;.he:'~8ftel", at the option of uid m.o!"tl~ .. tu ily t\nd ooil.ploteiy M if .1\ of the J!lid Sl1ml' of mo":ey were origil'a!ly stipulated t-<. l;,::: p&id on such day, anything in said !tote or in tnis ~~~.i'e to the C?ntrary notwithat&mding; and thereupon 0:' therufter, at U~e {)pt~on of 441d mortgp.,soo, ~Jthout no~;ce or ~~&n~. suit at law or in equity, ml.Y be fu"'C&\:utad &II if all mone)'1; s~ured h.-:reby 1.111 m,tuted prIOr to 11:.& IMtl. tution. The mort:z~ may for~lOle -Mia morti"le, u to t.he e..mount so deci.e.red due and Y:l&b!t3, and the did premillet thall be AoId to utidy and 'pay the SAme together with coots, l.l'fJ;>e.na2A, ~n... a.llowuu:.ea. cue of paMi..1 :foreet..>>ul'C' of thli mort.-.. the rnt)rtra~ p're1nJsea L":'lH ~ ~id lubJ.ect tc the ,,;..n- ujn, lieD of tbUs mortcai'1' !t'Jr tho amou"~ of t.he debt not thel:l du'! and u.npatd, ,In IUCa ~ tIle pro. iOrul of tt.i& paragTap."l may apin be ~v..i1ed of therelLfte.. t-rom throe to bme by the mortgagee. 11, That the mortgagor will .-iv, i!Mledi.Ati': notice by m.ail tv the morll'aeaq of any eonnyance, fe:, or cha.!lg'@ of ownership of the premN. 12. Tr.at nCl w. ivt:'t' of 3.1'!y eov.nant h~ln or of the ..&HgI;tIQn *und hereby .hAll at any ~irne w\.er be held to he a W~ivel of the t4n'Ati hl>:"'IeQf O~ Q~ tho.oU seeu.n.d hereby, ___.__ll