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HomeMy WebLinkAbout1487 .. o o ; ,~, I'i',;l 31~92 ..... (b) fit ......... , ~~ ... - be .r~" - ...... IWt1&. tabe aDd --."MIltI &ad tM...tn-~"""'''''''''''' --~*-I ,*,prqlll" aDd~"" thd the ~....,., to" .AlL.........., _..tlilC.r r..,-.-- tIP... htuvQ', OIl. before lb. dakt whe ........ 01 ... ..aDd ,.., ..... ...r... - ~1l1t1"(r JlIWt.l- IiUll be du.. If at Ul1 dIM .. ..1 r1PJIT ... ..... to ~ ~l ta -'* -: ..a!!.~ u. ~ of Uw DOte ~ ~. fttB ..,.rt.,.......... ~LLlij_ _ a".,......_,_ _-" ..~_[.-Ihall. in com. DQtiDa the ...ut 01'" ..... .a_. c::ndlt '" .. ~ flItM ......... &8 ~~ fNldt uoo.r ih. ~ 01 (a) al ....._ ,........, ... * _...... ...... *~ .......... to pa}' to ~ Federalllouillc O,..,.Jn.~""" .. ~.lFTI ..ItI1l.... sa tM,............... ..... .. Jwt)\'aiOM of (b) of Mid .......... I. If.... ... tie . 4tlfIrIIIt ...... ..,. of .. provWoM of tb.ia mo~, re-. tl.tlWlC lXl Ii ,.. ~ of tM pi .1r. _ftdle4 .......,u.: if dM ........ ..,..uw tbe propm)' Qthu. wn.."""'~ the............ AIIPIJ. at.... ofdw~to:hucbP~inrorat ~ t.i1'lM~ to __ ....,.u.iI. IIlo b"'" _ ..~= .... - ",-,""loll u...ur (It) of 2 ~ .. . credit acaiut tt. MDC\JDt !4 ,. thef'tll'l.&ininc unpaid undt'f Mold tt.ota -...n ~ ..uwt .., JIA1IIl'I*ta widca eba11 U\... ma4t ude1' (a) of aid panc1'aJ>b, .. That bl1riJl .,.,. aU tA1I:8I. 1lDI11..........t"...... na-. aIMS other' ~tal or municipal chal'l". tinee, ~ impoel&u. tM' wh!dt ~f'" .... ~ bMa ~ bereiaW.... aDd ia daflMlh tMrt<>f the mort- ...... .., ,., tM IIlIM ; ~ ... M wOl.....Jil.b' 44Ilinr tM ol&da1 noeipta dMnfor to the n:o~, 6. That he will pcnnit. <<lCBf4tt. 01'''' no........ impaiY1Mnt. or d<<erlorat1oo of ....id property or AnY part t.b.nIof; aDd in .. ~" of the faHare of the mor1pCOr to keep the bQ.ildinp on 1610 prt"miM'-6 Md t..hoM to be tI"IICUd oc ..w,....TV.,... ~I",..ta dMnoa. ill .- NP*lf. tlM morta'a~ may make.uch repU.n" in ita ~ it ma.)' c.tNat~UI."1 tor the JH'Otl'I'!" pt'CMrvation thenof, and tht' fuU amouDt of Mdl aDd ..., ... I*1I11ai -..n be ~ due Ad ~ ami aAail be 8eI."Ured by the U. at -1lIIOI1PI'L " . ';,' '- S. That M wut pIl)' an ... .....l&r ........ el~ and ex~, lndudinc reuora.b~ lawyer', t~l and COIIta of at>>tnlCta of title, itw:urnd Of' pt.id at any time by tM mona..- ber.aUM of tht' r,.ilur-e on t.M put of tho ~ ~ &Ad tttllr to perform the ~ta and covena.nta of aaid prom- iuo.,.,. oct. ucl th>>1DOI'tPP. &lid &&ki eceta. ~ and CIJI--- IbaU be im..lMdi&~' due and pay- able ud abaU bl!llItUtwi br the lie trf thia mortpp, . 7, .'Ms&t he will .., t.lM iJftpl'\WtlMD~ ROW ...t1Aa or ~ ereeted 00 OM mortcapd property. iM~ U ll1Af be NqUU'ed from ~ to time by tM mortpcM .ap*ut ~ by t\n and otht'f h~, ~U.. _ cr:mtin..nd. in such amounts ami tor .ueh ptriodI... may be required by mortl""et'. and will pay promptly, wbftt dv.. any pnllniuma on .udl iDllUraace fat' ~)'tmmt of which pro,.i.siQl1 hN not bMn ~ 'iMrfrillbefOre.. An ~ .t1a.u be eaJ"ri,ed ill eompa.utlllll approvlld by mort.affl' and ttt. P<>fkiel aad ,...,. UMnot IhaU be bold by mortppe ud have ..uac:hed ~ &oM pa}'abt~ dauaet in faver of and in form &litXep~ W the tn~, In neat of loti be ...ill .-f'I{@ imme.3iate noti~ by mail i() ~. u-.d mon.~ rn.ay m..a.b p~1l;1f ~ It not mAde promptly b>. mortgagor, a.nd Mcl1 i~ eompany coneern<<1 11; hereby IUtho-ri.ud and difell.'tOd to ma.k@ pilY-m~nt (or au.th lou dirwctly to mo~ lruleaO of to m()rtpcot and mo~ jointly, and the inJunn.('t' prt.)('t"I!'dA, or MY p&rl thereof, n'I.IlY be appll~ by mo~ at tUl optiQfI either w the reduction of th.e indf'bt~n.. Mnby MOind aT tQ ~ i"OItor..Uoo or ~r of tn. ~rt,v d&m.apd. In ~ent Qf forecl06\.H'~ of lh~ ~ uUof... of tWo t. tho m'~ properly In uti....ia/un<!nt .f u.. lnd.bttd.... , . , aU ri,fbt.. tiUe. and in\.(1't.ei of th. mcrtppr in and to any irauran<< polid-et then in torce ah.t.ll pull to ~ or anniaO. 8. That thf.! m~ may, at an)' ti1M pendin, a .urt. uporl thia mor+~, app\.). to thot. rourt have ina- Juritdk'tkm ther:eof fOl" t..hlt appointment &t .. ''''1''''''. ud. aaGh court, ahaIl forthvdlh a.pproint A ~I"" of t.h.e pr-em~ rover<<! henby all and .!nJUlar, lncludine aU andIlU\~lai. the inC?me. prQftl&, ~ &ad ~\MlI from whatAirWr- I(Jf.lrte d<<t1v-M, -.cll and evary t4 wM~, tt belnjl t'xpre.u1y un~r- .Wood, i.I hereby mortPi'~ AI if .p<<ibUy Ht forth a.nd 4Mcrlbed m t.iw!- ccanting Ana h.~fld\J.m daiW.'''s hueof, .and aueh ~iver ti-.a11 have &1i tJo\tI b1'Olld ~ trft<<:tiv~ funrt10M and pQ"a'{!'-' in anywi&-(' t'lltnuatlt'd by . court to a r~~lvf1", and lroeh appointm<<flt shall be made by auch rourt M so admitted *lully and Ii matter af .c...)lutt! firM to .aid mortaaeee. and withwt ft'ft'ren~ to the a.d<<!\H\CY or i/'J~ui. eqU6CY of the V&tu<P. of th~ pro~rty mo~api or tn t.h~ &Ol...~ncy or inwlvenc)' of uid lTVJrtiiliur (lr the defoo-da.nu, and that Sluch rents. profiu. mcom~, iMUftO, lltl:fi reVtUiUea ,hall bb.' avpht'd by !luch h"Ct'i\'H att;:-ortiin,l4' the hen of t.hia rno~4l' and tht practice or ~ucl1 {'(KU'\.. In 0\(' evmt of any dd l1ult on the part of the l'l'Iortj1l.gOr hf'rt'under, th{! mortpgQf ..,nea to p&)' to Uwl ~ 1m MmAod iLl '" re&IK'fi- &.w@ mllnthly reni3i for the ptem~ all Amount 4t h~ut equivalent to ~M-twf!lfth (Vll) (if the a"r~at.t! of t,.,l;,e twt!lv~ monthl)' in.sla.!lm~nl$ payabl-e- in the ~fn curnmt ,..at plua th~ actuAl amount of th~ annuli Wfm ue:esam<<:t.a, wlter rat_. And i:\luran<< premium. fQf weh year net <<f'''~fi:d by the i1(o~id monthly paymt!flt&. ,9. ~ m1Jr..plor ~rtht\f' rov~a.nU th.6t .&bould thi~ n,wrt&.1lI" ~J<d the note MCU.N'<l hN't>oy not ~ ~H~b~ tor lMUnm~ ~ncMT the Na~a.l H~Mi Act withm '50 Ql.Y8 'fl'Oft) 'the dAt.e her1!'Of (writt8i .~t of Any ~,~Jf the y~ H~iDl Adnttnittntlon or .uthorit~ Ag!'~ of thl'! ...nl.i H~ Commiai(lfU~f' dMt<<'1 .u~ ttl the afor_...id tlm~ from \.he datt of thi~ ~. kj,~ to inlP.ln u.id notl!! awJ tn. mo~, bth\l ~~ ('ondtUive proof o! auc-h in- d.~ill:;Y). tlM m~~ or UM hoW<<r of ~ ~ DUly, at ita ~oo; Md.3N! &!l.uma ~u!'~ h~fiID)- l.mn:Mdi.ately due i.nd PIT~- ~ 10, '!"hat (1iI1 t-n ~.wnt Q( d.1 ~ of tAia iDU~ Of dcf.~.llt tm tht!.;M..tt 01 t.h..- mnrta'Ili'Ot". Gt' (b) in tM n-mt th.1lt any of Wd.~ of ~ hotnin ~*rr.d to ~ not prt)f!)pt1r .mt fully ~id W\f.b- Qut ~tiUf notj~ &1' {(; in the ~ that -.cl\ and f!"'nfY the Jtipu~.tt(fN, ~{'n~, cond!t~, ." ~.,d i'(~~\1t.i (;'if lUl~.d ur)b lu'td thw m"rtr",..p., &n net dut)', prnmptir, ll.!l\1 fully ;wr1bnne.d; tl..t> In eith~ (h 1,0y. -aw;l\ "Hit. th~ ..l.iid. ~.' ..~tt" ~i.l.f!'\ ml!n~. {.!nt"f..,~ 1t. ~~d MV, ttF:'ii rcn'f'.ininll \.wp.1.\{~: "dth. in~ 1tCC1'"l.itd tG that t1me.t aM an ~ ~ ~f. dA!1 t)Gl;i'Jmli> d,!+l ~tld p.y~tM fort-nw!!.!"!. Ot' ~~, ~t t.M ~l<<\ o,.t M<<S.'~. . . .... ail WU1~. ~."~iY ud .l~ ~',f th~ <<4l!<:1 ~\.!ft'~. Dr mon!:'Y . .flA '=.g. 4U~. t.d to ~ 'piUd. '. oa weA 4a.1. .. .ftfthi~ tn .' . ~ ~'r If! th.. ~a m~ t{) th.ft. ~u't. ..ltty ~'~ .' , -.ad ~..~ (lil" ~ftllJr, at .tM ~ of.w~, w\th:,ou\ Mt!",. Gt' ti<<n.A.l'Ia, wU t.t. lsw !}r in Iqwiy, ... be ~ .. if all ~ MCUnRt ~y iYid m4tuNlO prior W it$ ~l'..ti~ t.'\lItior.,. 'nUl' ~.., ' '. ma. ,'f t.,m'~ Utt. ~ .. tv ~ ~n.t tQ dK, .i.t.red d.U4l tU\d ~~abk, ~ ttle .w ~i.teI aUf! be dd tI}. utiafy &ii4 prq the.... ~ ""~ ~, ~,~d ..~a:..~ 1~ ~ at partiAl f~N of Ulil ~, U- ~ p-ftlm" duU1 be ~ qbJ~ tD th~ r>>n- , tlnuiaf I~ <A tttM ~rt,pp'. the ~t'Of.tM 6fbt ~ ~ ....bd t.tt;pAi.,'t hI $~~.&M- 1M p!'-rr- vi.e~ 01 um ~ m&.f Iipbi _ .*I'&iW ril ta'"*-ftt.'r friJm .~ to tim~ by th.. m~- 11-, ThItt the ~ .wUl. at '~. .....~ ~ b1 man to m. ~ of any oonv.y.n~... t;ra..Mter, Q;J" ~ of ~ cd trril ~ 12. "'..at tl.Q .....j't;'tQ' at RY ~~t ~.fl or of t~ {;bll~ *~n;d .~ ~wl aU t-ny tiJi'i$ t~~ be JMkl to be . .lll'flft Ii'J! ~4t t8"mS wt!01 at at tll$ .. ~ ~,