HomeMy WebLinkAbout0342
()
ztl ~u :342
o
Oi
e~~J
',' . l \:( lr t ft: ~ Il \ n ~.
". Until .It-h\!<< In I~ p""iunna.t~ uI t~ <.;ft-rf...IIh &0)0..\ ~~Ik't,b 01 thu ffiO(1g. gf' , lhot- moil~..gur' ahAll llt' t'O Utk. I
Iu 1'(.!ltX{ the i'f'fit.. ISIUC't and jlfUlltt from ttw. P"f'Stll1c-a ~<<nbd,-"<<l lk-,.,bf.l. hUI In ,.!It< of a ddaull in lin-.. of th~ tt"mu HI
.1." lnc:!ft~"g", .nd tb(, filing of . b4lllu fOl'NIo~ too ~ aoy ~ l"o<lr1!(&KtI ('t)("\lmbe>,tng the within ~""'l~;oN.1 1>fi'1>Mt'i, t~
...'.....ol-UlloH ,iolll imUlf.'\li4t~h u.d WIthout ool}{"f\ l>e ffil1lk...1 to thil .p'f,,:.inlfn<'1lt af I R~~h...r 01 th<e- rnortg.y,e<.l ['Hlpe-rly. amI
d t~ f..nll. u.ml"1 ..ml pilAlts t~n..Jf. with t~ ll~ual I......-n 01 H~.:E'j...f'I, in fU{.h N-It'I, :lllll lud1 R<<...iwf may l~ ('(>{)IUtU(lt.1
III p<.~..d(J(' 01 Iht" wid I'n:'fl":"t~ ullIll tl1<<\ t~ l,f d~ uk \}ON">! un.!f'f loch (Oft'(.Io4HJ.... ami II..! il tIle 1.,'nhrrn.l!lOll (.f 1'1<,1.
....k h~' tl,(' e.,.Ht....
u If R ."llV~l. iUl(~ ..hot,!,l It(' trv.~~ hy the In<Jf1gaKOf1 vi tJot' l>!l'nniI('1 honrill ,~nl~. Ilf .11) p.ut thMf"O..!. ....Itl".ut
th(' "-lItten n..ln..V'lit 0 It.(' ;\t\l"- Lllton. an,l "llho.lt U,-l\mphJl) !n t~Ulal bnll d law by tt~ ~...nt~ ,'.( 1101' oblil':iilWflJ ILi Ih..
\''',<!<it''''l (n"QI~i by ~kl I',omiu""y note and lhl' llY"l~lij(~, thMl. ano.l in tha! ~'"lt, And ut li~ "rho,'ll (If li.t" .\~).....IJI"",.
tH.I "lthout I,...,h{~. .ll suml of IlH~1'!':Y <<"i.'lf~1 h<'fl"by \h4ll L'11m..aalt'ly at..! ('~"l(,lf'MIIl~' With ~IK" ({ll1\~'~.H(~ ll(-c"II)(, (!1I~ /lilt!
r"'phk .0<1 Ir; dd:mlt. '~Auodahoo mAY dHI with ~'.\l'1l Ut inll'ft'1-t ....ith td'Mt'f\l't' to thit mortgag'" antltlMo debt hNdJ~
'.<<'\IIt'<t in tIle \..Ull'-' O\..n~r as with t~ lll(lilg.~(Jn, ansJ IT""')' furl>l"-lll to ")(" ni' may ~t<:l!d tHOt' I"t ""1Im'lit d Ihe '!(>hl, I~'\ll...l
l",,,'by. or otht'l......url! lW1 wtdx'ut tlacbu)l;ing Of In IlIIY .......~ ..(f('("tlI1K tl~ I.At.thty oJ !ll(' fl)(Jll~;iol~"1\ I,(>u"un,kr Oi l!pon the t!d.>t
hNdr:r 1t",..Hf(,\! 1~ Anc..1ofiaUu\ rtlaY i\ho I~I .....ilO the: Mofi&"gf)1"t .nJivr "'ili! J\l<X,'\,'ion III Inlr-l<"tt "'11h rnttl"f){'i.! to thi\
10<>rtg3Jo(C And tlat" lldot tlnt"bv ~'IINI by r.:l(l~nng tl) IUo('. t':ttttldtng the tlml:' fOf pe~I)Wllt d Ih(' J('ll{" r-'-'''ldrng for diffMMlt
monthly p..)'mt'flh and/Of . t)lii~lt Ult("f('~ ,,,!(', And b.. vt.kz Ctpft"'$j IT\()(h(k'ii!i';HJ of t~ ('(>lltt~d. Without lotlnjo: )lll~ {'(lvOt:.
!ll(' AIffIOCU\lion :-.a.. C""U' othn mortll."~CI'S ur !W-HL'Ol Of ho!Jcrll of itn)' jUllklt mtMMtI !II \lle i'fvI"':rly ~ tilt-..! h('IlL~',
10 Tl-,-~I in the n"I"nt tht' pl'nnL"t'" t)('rd,)' moft~.~t>J. Of \lay l-..ut thn't'd. &l1411 \,(' ,,'ofl(IMnll~IIlIl" I~\:MI (0' ')uhL.: \\i{'
Hod..r the 110....'1' !:<{ tuunent dOUlAUI, tht' ,...",o;iallofl !h.tlJ h.a\'" the light to d('tT1il1J that l\111~nL'gt" a"",,"ukd fllr the ta\tn~ of "I
di:lUl~" to t-.qid (If''ill~ .hall be 1-lQid to tM A'l!lX1Alioo, III "f\lCC('$jofHt Of Il>>i~t:f. up tn tht- alTl<~:f1t Uflp'..kl (If] Ihi, rnnrtK"ge and
"", be appl.i<<1 "['100 t~ f'I)lm'11t or pa~mmlt lU1 l.....rilh1t' t~T\
it. It h II)N:ili<'lilly 1Ip;1t'f;....1 tlut tJm., IS tht U-a('1)("l' of this (\.vllrad ilml that ,-,.0 W'nh.t't of itll\' obhglillHlI r,('fl.tlltdN 01 "j
tlK' ohligatio'll ~-uH.'(1 l~ \lall at any H1IJoe !hCTtaftn ~ hdd to ll(> . WAIV("f of thfltt:"fll\S Of of tl)(' jnftntf1lC1lt ~UTt"d hert-hy
i 2. If forl";:l<)$!lrli pnl(,<<,<.linf(i d any l<tcono m<<t~.g" 01" &<<em" tnut d~1 at any Junior lim of 1111)' ~jml lhould boo tmh.
!uI(-.:I, t~ ^~.lnd.!iotr mio)' at I" fJp(\,R), llflU>t'<U..tdy ()j' th(',~ft('r de.:Lue Ihi; noartKi!lg(< Dl,,\thl' In<kbtf,(L-.Ht ~urt<l hfff'b)' ,j"..
j\f).{l rIa )'ll ble .
13. To too t'ltf'llt (.f the ll1th-t.tt'<ln<<"u of the M<.>rttagnn to lhf'! NS<'C1..\h.>tl 1k.K'fIbc-t! 1,('f;"l1l 01 ".'''lltt,l hn'tlt;. tlot' A""
ciAtlllrl i1 hot"f('hy tHhfl)gAI('1.! If.) tht" hen l)t 1k'nJ .n.d to th~ right! d tho- {'...."Tin' and h(,!d('TJ th1"n"..A of ra,h 11.,,1 (",Tt;. mortg<lp',
11m or othn ("O('''lJl~fl<<', no tht' land d"'K'ril:<<i oot1n which h pli<.\"n:1 (or) UlhfM"<l. In .... ho~~ or ill ~n, out of tf.t. pnx~h
Irf I~ kl;UI oM('nlJ<<J t~l co( JtIC\llt:'<1 ~f. and t~ fN{'l{'<:1I,,-r IJ.tom 01 ~ki l1'><CIrtil:a~o, !Jt'f)S or olh("f t"n<'Umbr.ut<<':l, d~ll J"'-u
to .nd i/O!' },('ltl b\' t"'.<" Auo:l('\.;l\iO!l krdn &1 JoI!'(\lilty for thl.l j.,")<kOtrdtlnl to tt.(' AwxUilio:m h.r"ft'ln dMC:l1t~1 Of h-NTb)' P/'(:\HI"'( , In
tilt' !-.IffH' o'o'ot tl:.At It ....."llld havl" l~ pf~ro Imd w(;tlkl h_w~ t'""'"' ".usnl to lLf'r<:1 tl<<'f\ hel.! by t~ Auncullon h.(1 it l"""'i
duly and ,"guulh-' anigfi<<i, lnimff'fn"d, Jct o~'n &11(1 d.lh't"N(\ unto I~ ,"~~x-wIVrn by f('p.U>l!~ d~ (,f l!.Ul~IlHlmt. l}()twllhJhnd.
iog l~ f.ct that the nmf' 1M]' bot s'411di~l ar.J OillttlW of 11XQfd, It l....in~ t!~ Inlt"llW' of Ihf' partk~\ hff.rto thilt tn'" urn!" \,il!
be s.ttWic'ol iTi.1 c-iJl('CUed of r~'(IfJ by tht' holden thtTfd at ('.r aboutlht' time (If l~ r<<'Onltng of Ihil mortgHf;l"
14 To rlol~' all and Ji...~ULH Ilw nntJ, ch..tr;.:"'. and €'tpeu..t.(.'1 in<.:1u<lmjl; h'o\)er'i ft">"l. t-....'nahl'l' !rliliiT<<l 01 l....!d at an~
\lrn(- hy lilf' A..\.Od!ll.\Ofl, ht'(-a\L~ (,j the Idilul.. ..j tll(' ~tortg" i:Otl to po-nonn, .',mply wnll liJld ahl<lt- by Nch &1111 ('\en' Jtipul.A.
t'O!\J, 1)1;1'<<.'1nrnlf. .,."d,IlQ{" And "'l't"ni\nU of uid P:-Ull\U!iOl)' 1....>Ie 8011 thif dff,l. 01 eillwr. .m1 ..'o"'~' t\l' Ii l',.ymrnt .h,,1\ I~ll
tn!",r<< from dill{" Ilt the ral<> ltal."t Iii th~ }iO(~ ~1.ut'd t~by.
15. 111~1 h~ wii] llfflnit. CQfTlmit. or t\.t.lfn niJ W::Ht<:" lmp~jm;t'nt, pr oldrf\lJl;l.!ion d uHI prnro(-rt~' or ,IllY P,lft tlwfl',)!.
ilml in the f"\("il1 I.,f the (.1I1ure vi tllt> Mort~;ilg-,)n to "~p ~h~ ;,uildinftJ on uid P\'('fIli~.. ~!...I IhO$(' 10 l)(! f-n:,<:~..J tIll !o-..d l)f''fnu('~.
lit Ilrll'-{{)\{'tOffil' therrvl1 In ~L..~..I 1f1'air, t~~ ,-\c\.'\<xutJ.:m rn'Y n1,,1~ ant! pay for s:.;ch "1}.iln l1.j HI HI dl~n-1Hn II !lU~' d'''''in
IlC<-('i.~f} fOf the pfOp<< pr~r""i<I;.:m thett'd.". and the f,Jl UT1(~"lnt <:<1 ~lJ(h l"l~rnftlu ~hAU t~ S('nu~l by Ihe hr'f1 olt!.n .n;oltgiig,'
..mi lh.;\U lit thi' opllon of the Al!;:~r(-iaHon ~ Imm('<.h.ittly d~ ..nd pa)'llhk. or [1Ol}.Jble In II;';!. mont!.l)' u.stslJments at t~.., A..,,^~
tion rn'l~' d('t("llHi~. and t'Vl'f)' Ju<h paY(1,-rnt Ul;tll t.!-u IntfTeft from lute at the rale rtI!1t'<.11n thf' oole I(":'\HI,-i h('f(:by.
16. lrl,H if tM AJ,.soc\.11101) Rnd.lf.e Mm-tgegoll igr!:e, the ~f01f~lIR(JU will ('ury il polK:)' or p'-,ljCk'.Il of ili~ur....nu' Ill"'"
tl~lf hVN ill ;aft "mUUf,; t"ltl.<.llrvni llm(' to tL~ to Iht' I\Jw)ont of kvl..b!r-.JnMs h'.'lt'by v-{"\Jr.."'\, !n..l~ng !aliI AUI:" i,;;t"m i~f.dl
ov}' t!'HMJ.n<ler. and tM! ti.,. !.Aid ^l~)CLioli/:.'n m.ay Y"'" tlot' [Q'i'm!uHt' for auch inrun.oc-e (in t1~ ~'.<'f11 the \k:t~4~<J{~ do nun,
!!IHI iHld file), md. !U)lJ'l(<nt to tlie unf'illd I~Lu}!..~ OI 11;(>. k~n. u of Iht' ltm lby of th~ tirt'tl C\ltlt'nl month. and tl )}131l 1>N't}flw
adJillonOll ir,J{'l>tt-Ol\<<.t ~lt.,1 0)' this 1f){)ltKa~e paYlhk upon dC'tl'unJ.
17, '1 hat ill t;J(' e-','t"l'.t Ih.11 thh fr)(lftgllge i~ Rh.....11 to s<<1~r... a C'U'r.5truc-ti011 k;an, fOlilu!e on tl..... I',~rt of the ~.t"lt~il~ln~ ..r
th<:ir ("Iii! ,H1oN to complete uhl \;U11JinF; In a({-oni..a~ with Con.illU(-(i<Jr. L....'an ^KTCfilwnl, "f ('....ell J.1Il' ht:1I!-....,1h. 01 Iv Ludd
~yl C'OfHIJuctio!) in a("C'JtJ.m<~ with pum and ,!lofciflctllionl ftlt.d Wli), Ihl: ^uocLltJOn. altai! t:>mstJIllle a ltrl"Jfh of thit Inl)(tr.I~'"
(Illd, ut the "pH'}!l (,f the A1MX'Lili"n. Ilnf.f1('(liattly m_.IIlTtI the entiw amount o( princir>A! ..nd inton1 Iw!.by t<"'<.UEl'<1 Jnd th(' ,\\...,
d;lllOn may imm~H,lll'})' \JL~tit<.llt' ll(ll(~it(lgJ to forcdote lh.b morlg1W,
13. 11,al !he ...t,11nc-( lIr ,,!'stncH d 11Ut'l r~A("nn~ t~ rnoJtg~~i'(1 r,,'u\,ot)' lImli It al! lm)(", durin~ tht' hI., of 'hi, rnml
lo:dgt'. tnl1.lln Iii thl:' pOUN-don of II,., ,\u(KiiHof\ .m<l in d',e ryt'nt (.1 Il~ f"flx~Uf'l> of IL" f(~::,'1~..gQ or utho tlumf.-r d Ill!" III
tl~ Inortgilg{<.1 i'tlJr~"Tly in 1>~lln:>;IJl~.hml'T!t of the In<khl(....beu J,~'\lr{...l !xreLy, all fig}.t, !rile, ilnd lntf'fNot (,f tl." MOltgilg<>n; ill
lW<lt,) An)' md. lIb~tn('h of tItle sMlI po-SJ to tf)(j pur\'.h.l~ Of gnnt('(',
Hi Tbt" AW_:(.iatl<.'>ll tl",U h4\w' th<J fight. !o tit dttN~.lon, to rt'-<lu,f~ th.1t t~ ~.toI1~,lKor'1 f"Lj int., the A~""x-Ulion In aJ.JI'
1100 to Ihe monthl)' infl'\llm~!lh of p,ii;dpalllnd tnlnMt to hfl paid by tnf' MI:ftJ1,&~c.n un.!!!' Iht! flak ~_UT(Yj by tlds mongo1gt",
an amounl 1,,!uAltQ (.'f}('-t.....dith 'Jf the ar..'1\iill imt.aUmfflB of en)' tHO Vr\ th<- m(!lt~jgt-<1 l}(cmiK-t 1<:'0'\(..1 Of ZlH..'~~J Ly allV
gO"f'mU'~;u.l aulhorHy. an.d (rlM'twdfth of Iht' r:;.r,nud r>rtm,hmiJ fot Hrl' 'I..lld Elt{-ndt"l C",'nage imUI<1,f;{{' Of! the. m()flg4~f'(1
ptimLK-<t ~\ !!t'rdnl:oHG€'{" "'''<l"iu-..:II.), ttx- A,vx'latlon, and tb~ ~,{ortgag')'" fd.tlll1e to m.ll' flxh l-;.aj~ih .!nil D<imlllutt' <\ t1ch\llt
undO' t hh flli;rtbag.e,
l~ WiTNESS WHEREOF, t1~ s.ai<! M<111g"&cm h~Tf'ulit<) ~t tl;('if I,~nds ar,.l M''1h t}}(' d"y an.! )l'-;H first al,,)\-e Wr.tlt"ll
Slgr~, S(Mi.....1 and ddJ\nf"(1 U1 too f~~('t! o!
;:)~~ X :,r;J:~ ~ i. - /
"[;!!lfl:A! '!jrlt.'V
-----Z" ,,-J./ ' .r-
//' / t' (....
/ (.t~.{;:/-'1<r) ~ ItJ.-1...
Alg.97"S~ CarlBon
j ,.I R ,i
J...I..i.i..:'1f L.iJ./1..t1- 0-.......,.
Lucy Cavaon
I~ A -
.I..J r' -'t -k...r,<'l .
.;..1.... ,I
(SEAL}
(SEAL;
(SEAL)
'.Jh-::A'O~':.i
"-