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HomeMy WebLinkAbout2367~~ S. It the total of the a maa~ b~-4~1Joe~~r (y et par+~geaph $ preoedia~ .ha11 e~coeed tbs amount of payments actual ymade by the Moe~iges, or rants, tares and asseasraents, and inauranee Premiums. as the are m~ bs, such e~oaas shall bs aredited-oa usnt pymeab to bs made by the Mart- gagar for each items or, ai Most~s~ei'a option. sLaU ba s+at~taaed to If, bow~sr, such mo~-t-hv to shall not bs suf8oieut b py snob hams who the ssans shall due and~ ~~~~yyaabk, t shall to the Mortgages aq~- wawunt neeeesaty to maloe uP the ds~oieo~oy. 8dah be made within t irty (30) dais abet wsittan noteoe ~ the r~t~p~atateud the amotlgt of the deflQienay, which notice say be liven by mad. Ti of time the btae~~oeb~ !bait tender to tl-e Mortgagee in ~eoord- - anos with tbs- r-iaoas of the note aeo~u+ed bet'eby, foU prU-~ ct t4e ours indeb~ednesa trepsaented therbby, the ahaD,.in oomg-~tiog the amount of suck indebtedness, credit to the account Of -the M any t balaaes nndee the pcovisiaas of (a) of said p~ra~a~ ~. Tt there shah ba • default -nnder ate of the ~o~isions~~d thin oo~~ is--s pnblio sale at tAe preys oo~eced hee+eby or d the Mortgsgee atgnaes the propeety o~ib i~a~~ia[au1i, the M shal~l~ , at the time o~ the onmmenoement of wch nt~oss ; a~~be tisss the property i~ot~h~ anoq'.'~°°, tLe amount then remainint Ito credit as Mo pn~under (() pars~raph praosdina t>m u-tecest amsued sad unpaid and the balance b~prenoipal tLen mpaid ea said nejs. 4. He wifl pq al iea~ assessesaoRs, wsMr sad vthet er mndaipal ahaeges, ~ ae , impostt~3oo~p,~ia~whia ~~pro~isio~ hss ao1 beep nsade ba<'rr aq~~theeed tiro l[oetpgee ~ pay ihs acme; and that he w1A i~!4~b-,.aihae ~ ~ therdoe to t°L`Y.etpse. a, se wm peesoiti, eoesaeit, cr.ngie m wash, lmpairset., ae dsseioeatioa ac ssW pe~op~ety oebs~ satd amoep~ re..ooahie w«r asd font a.a is M+ steal of tie re of tie to loeap tbs on premises and tbow to bs oo acid perasi.es, a ibsprovements tba+oo. in food repair tLs Mort~Bes nuU- maloe web repairs ss,3s1 ~s ~i~t mq deem aeee~aty iar the_~~op~e pi+esecvsdon tbes~eo~ and the fall amount of each and every seal-~rraAd~ ~erdr and psyabi~ turfy f~~dE- ~, aa~ sb~ be seboted ~ ohs lien d this mortgye, ~ .: , : . ; ~ €': b~. He will ~ ell and ibsguLr iba%eosb, eba~es, and aspeosey ~iada~ag resaoa~bir lawrsa~'e sad coats at abstraob of tip ineun~sd a- paid at agT tism b* Wt l~[oetpbee beesuss of the fattme oo ths_ part of tbs ~dort~oe prompt>,j- and fulb to perfoees the apeemeots and eoreoants d said promissory note and furs ~wrt~~e, and said eons, d~ar~es„ a~ndd aeipesws siaII bsisaa~sdiatebr dne and p,1Pb1s and shill bi aeoure~d by tbs lien- cf this morteee. 7. He w1D ooatinaoasb msistaiia iaaeotd firaoranos„ of such gyps or~pe~ sod amounts as Mortgagee moy i~+om time to time r+egtsirs, as t1r ~~ nonr bit ea Reid - ~ .asd eIDOept when for all snob ~eteiotos+e bean made nniuier~(a~ of a:will Pe~,f ~ when due aq~ pnasiwsaa - °"~°~ °f~m~~~~ ~ sges m favor of des and renawaL ti~~eof mall be Lpld b7 ~~oet6ages send ban attaoLed thee+eto bes p~Maobl~s~oLuses ' P~ and in Poem aoosptsbls to tie M Ia went et bas ha will giro immediate n~otioe by mail to Mortgagee, nail may .proofp~ ii net muds pgmeni by M and each iawranos eompaiq . eonoerned a suthcrised and directed to mains palment tar snah~~~ to M instead at to Morte.gor and joiat~j, and the iawranos pe~oaeds, or aqT Pst'k msy bea~ b7 Mew ghee at its option eithee the uadon of the iadsbtedneas heie+ebl d qr to 1~ r+esta~r~atton ar repair at the property In event of fae+eotiosors of this n~~~'t~sge~ ~~ trwtei at this to th'e maetgaged pe~o~ert~ m t of tie indabtedneas seour+sd sal, su title. a~ ~nt~ee+est of tbs Mortgag~os is and to aq7 insnranos po~li~oias lien in Toros aball pw to, fire pq~' ~, ~,iII 8. He will not e=ecute or file of record nay inatraosent wisioh iiapoees a restriction upon the sale or oocu- prop4ety desaci~ad hse+sin on toe bafis of race, eobt, ae etusd:'~ peony of the !. 1~s Mortgsgee may, at -time pea~eng a scut upon this apply.b the court having juriedio- lion thareot tar the ap tanent o~ a reoatver, wd snob oonrt a~aU i. ~nt~ a~pom-t • r~oe~var of tUe premises eo~red.hareby aU . iad ~ X11, :. aeAgul+~r the fie, P~isas. and revenues fiwm what- source ~ei~ed, s~ it a y , ae if specifically set tceth and +iesF,ribed'~ ~rw~ ~ :~ aPpoan~iball bs made by aneh avert~r aft sdrnitted eq+ni~ .mallet o[ abseiats ri~t6 ia~Mei'tl~, nail without refee+er-oe to ~ ede9wt0-•ec: wraR,~->~: sabse~'ot`t6s 1n'0~''~0s~d er to the solvaney or insoinney of said M or _ aua~i rang, penRts, income, issues, and revenues shs11 bs by snob receiver • to and tbs. ~teviio~ of eesclt eo+nEt. -= :it. iYe erg of sag default on the part ofaat~a]~ortgagor hereunder,~ortls~ ~~ree~~ss~~lb Pr-yi 1A t1y ea demand ae a nasaubie monthly rental for: the pranauees sa sa~aonat at least equ~vdent b cos-twethi ,) of tine ~regats of tie twd~e monthly q pyraWe is the than ourr~eAt'year plus tie aotxsal amount of the amnnaT lanes, aseesements, water ~mivranoe premiums for such year not oovee~sd by the atoreeaid monthly pymeats: 1Q. In tLe e..at of any btr.ois at this et default oa tM:pari of tLs.hiaa~t6agoe, er is the went fiat any of aced.um. of herein referred to~bs not P~ptiT ~~7 P~ bg b tits tmwr:beeeef or in the event that each ind eter~r the ~y agraeman~ oodditioos, and eovaavta of said note an~ this ns~urtgage, are not dul~-, tly, end fully~pertarmed or the Mortgago~_be adjudicated banksupt or made def t in a ar prooeediap i than is etirar ar oy such event, the seed ~~ gate saran mentioned is said note then unpaaid, wMh isteiaat aeoraed io that time and .all money aeoue~ed hereby eis~ dvs ~d payai~is ~~; ;, at tls~ ad.said 31d , as ' ~ - folly sald.oomp~efe~ as i! slf"tie said cuss of money ~e to ~~paid et wseLiay- ia at3d ~ c~ m~,tMr , t4 , _ t!~ a' ~hee'*estays-t~.~q'4Ption _ ~ witboat~ ~oa ~, anti at -+~1,'.... 'As=;~gessdnteid ris if sal seavred ~ ` to is ~~ ~~,a~ tics mottgsgs, ss aesstiutt~~ ~, I $~bib.'~tWd'lit- premiss shsll~ sold to eatidy and tbs same together wit a~ aape~i t~ a~. •ii..a...~r.paaal fosr0ipspms i d~ ~p _.. _ L_ ,a Lt_..ti....a,.:M.~ 1j.. at ~ merlra~e tee tin asa`m the not then ~~~. No wai~ee of T oe~a~~~ odt tlri ~ V. ~~!~ ~ ~>~ ~,~~ . ' lisld ta;'~ army ~. t e~ remain is fuII teens e~ ~niing 4e~jr'pdetpo:tieaaeit ar ea~hoaien ,~ ~. Tbos~~~ b~ hrdsbte'in'~'s or any psr6 thereQt se~epd.l-eeb)', . ~' .. " - it g~. fo ~ianu~s;~ ~,ar!~lt1~s~1~!~~~F~~~ ,aril, ` e~}tesl 'o~~~!. s*ed :. , . ~. T~. the Ildaarf~~ae dot ~~ ooteeasats ar ~t~ai~~,~~~ote. tirsn a, .. . , _ sseps, . _ _ ~~i~o ri,a~. _ a :~ ~ ~~ ,. <. ~~^; ~~,~, ~,~Cln~> ;the ~ `tit- Mort~SAPr shall aartisante..~ad daiirst ~ ~~ note or .. i. ~~ ,. # ,. _ ti , - ,~ ,.. .: .. .f