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HomeMy WebLinkAbout1580 ~ 31 Plttl85 ',.11, ~I Mot1ppr Ibsll pey w t.h.. Monc-c- 6Q1.....t DllIiC~ W..at! up UN ~tCy, ~b "YfUl"n t .h.J1 he ~ wit.bin \!tin, (30) dap ah.<< ""'"- ~ fro. Uia M~ .f.&lUw tt~ &mouM of tl... d.<tkit'flC). ~ DOliee 1M)' t. p-.-.a by....at. 11 M ..., ..... u.. W~ -..u t.IlDdet \A) lhfI Mo~ in &i'c'<ml. "'lee .....Soh ..~ 01 \lw JMWt ~ .....,.. t.n ,.,..., of .... ~t.ino Ind!'M~ ~lIl.-J t~, da.e ~... llb&U. 10 eo-.pv.WlC W amouDt of eud1 tDd~~ ~~I\ t.o tb~ ~Uflt of \-ht. M~ M' ~ It. baI.., ~ &aDd<< UN pro.... 01 (a) 01 _id ~h :t. It tht'l'T' .hall i)4' " Jrl'wlt. ~ all" of ..... 'f"Ol'i8iooa 01 Lb. ~ ~ in a pu~ . of tA~ prt'mi.... ronrt<d tH'1'l'b)" Of il u.. Mor....... erqwtM t.lw propeny Odl....,.. .,..... ctelau1&.. L.bIo M~ft _11 &pply. .t \h" tilml 0; thf' ('(){'lUW'QfftrM'Dt of ~ ~...unp \)f' Ai tJw ~ Lta. JII'OPH"l io o-.bfl"W*, ~ttUlrffl, Ihi' amHullt tht'll tt'm..iniilC \.Q cN'dit oi M~ l.lnd<< (a) or putlITapb ., ~i~ .. Ii c~it on u... lntt"ft'tlt ACauM and unpaid and UU~ bal~ t.o \.hI' PflndpaiJ th~n ",aain.Utc up&id on tl&id no.... ., He wU1 ,." . ..... I w"""......... ..... _ othet t.~\a1 or DlIuniet;:.a.1 ~ ao.. oc bopo.U,~, for .w.h ptO~ bM 1Wt ~ made ~ aDd default ~ \.be )t~ mA)' p6Y tho ....; ..i \hat .. wil1 ~ deli... . ~ !"blllItpaa \b8Mot to t.be M~ 6.. He will pennif.. oamml\-, Of ..... DO ....... im~ 011 deterior&Uoa of ..ld ptoperty tYl aar part Wrt.'iYl, ~ ~-bM .., ad ....,; e.ad m the ~ of toM Wtun of the MortpCC'f to k~p t-b. buildh:llp 00 -.!d ~ .act U- k) t. ~ 011 ..w ...~ at bBpIO~t.lI ~. In r;cod reptrloir. the M~ may make web repWn" ba I.. ~ t\ mar diIIIIli'a JliMflltrr)' fOf lM ~ ~&Uoa~. aDd tb4l hill &mOUflt. of .eh -.ad n.-y web ~, .. be .. MlId ~ t.bUty (30) dAys aft<< ~. aod ehaU be BeCU~ b). ~_o!LWe~ . ',' 6, H~ wiD ..y all _ ~ .. -. ....... ud u:pe-, Indwtuc ~b"" laW)..... f.... a.D<:.1 OOlIte cl ~ oi t.tUe. ~ Of' I*d ~ -.y.... by ~ Mor\ppt' 1:<<..... of the faii~ 00 the p&rt of !~ MQrt~r """"plIy and ~.illy .. ~ _ '" lIllld ~ "'.. and th;. 'M'...... .,,<1 Mid ~ obarpa. ud nJ...... .. ~ ~_.~ auie ud payab&e al)d ah.A.U ~ 1R"CU.l't'<! by t~ L'-t-n of th~ monpp 7,. He ~ eoatin~. ~. of tuclt t.'P' or. h'p. a:nd a.tnn\lotA u ~fllrttr~N' mAY from wnfe to tlDW f"flq~ on toM .. . ... ~. Of WMlw on MlS pn'tn~\ AntJ ~1rf'pt .'hf'1l pAJml'n~ for all 'I.l~.b pt"NlU.' 'UJ'M hill ~ ~... under ,<a) ,of pencrt:ph 1 ~f\ :HI Wilt pay r,romptly v..h(otl du~ a.ny pn-.DUumtt t.bonIor. AD ~ ahaB be ~ In C()U1pan.iCle &ppt'OYf'\.1 by MI)~t"t' llnti the poli- ti... and ~w.. t..be.reof.ba.D be !Mld by M~ a.od hue attarhed tb41rew losa pay.h~ d.uM'8 in favor of and i.n fotl'n ~t6hJe to t.bI MOf'tCSIM.. In en.n'- of _ he ..uI gl\'f' imm~~ ooti~ by mail tQ ~forttr~N'J. ~d M~ may mtk. proof of _ if DOt made promptly by M()~r. !LOt! MCh iMUrs.tl<'Jf! ("(,mpAOY (\IOtu~rn&d bt benb, au~ and ~ to mU~ p6ymetll. for ,u{'h - direclly to MortpgN' jn,l\!,~d of l.c Moft<<'a<<or and M~ jointly. o.nd \M ~ ~. or &D1 put WN!Ol, may btt appliNi by Mort.- ~ ..t lt4 option tJ'itbtr:r to tM NducUon of tM inJf'b,\.edmcu ~N'by M\Cu.red Q!' t.o t.m ~t(\,.t..i.<>n or ~plir of the Ilf'\l~ny ti~ In (\Vf'nl. or fo!"tclotu~ of this m!jr'~e or other tn.r~f('r o( title to Ul~ m01~ag~J prop.o-;d,y in fI.].~ing\mhmf'lit of tht' ind!"b~()fItiI ~\l~ heffhy, ~h right, tit!t'. and iflln~t of the ;..10i4(&t'Or in and to wy lMUUU<<l pounC'll \.hw 111 t'Jn~ &haJl paM to t.ha purchAilot'J" Of grMte.e. 8, HI' ",tll nol f'XI"Cute or tII.' of f{>cord "ny it'.ft!iumf'ot wnidl imp"l~1 il rt~lfldlVll upon till' uh~ or (>i'CII. p..n~y of lhe prr:.pf'fly deflil'f1~t ht"UHl on tho ~ of fat"-t'. !'Ql')i, or (t~J \1 HIlt., prnni!lO'l', of allY part lhafflr. hI' ,:,,11.1...1\11('<1 \llltler Ih" r'lJWH of t'mUll'1l1 d..flll\W, ", lHlJlllrn\ for a puhhr u~'. lilt' dA.ln!lf:I'~ llWlirdr..1. tIll"' P~)(:,.('{.o!l for ttl,~.tllkillg of, ..( till' l"<,nflid...rl\lioll for ~j("h nUlul"ltlnll. i(l thi' 0;1011 of thl' f\Jll smf,.lIIt (If thl' H'm.ll\!llll~ unpiud !!H!rbtl'dlll'l'l..... ~{"{,lIrf'{1 hr tlal! mllrl~a;':t'. ,Hi' Ill'llhv t.S;;1gw"j to till' MMIgt\t!,.,(" lllld ehaH l>i'l}4id (t>rlhwith to t'llid ~h~ft.g.,(.t'. to bi. applit.(i r,n IHYOUlil of tll,. Lut !11!dllrin~ 1l)!.I!\llnlt'lIts l,c !iu..h il\{kht('o.tl!t~ . 10. TIlt' ~ll)rt~.fCl-e 1l,lay. at. MH' tim... p<'lidillj(" !luit upon thi!l mort~~.~. applyt" tlH' ("lIHt IHHin;r in,i...I!!. llOO tht'rffif for tho appoH\tln"ol i.l it fl'ff'l\'t'r. &n..lllllch ,ourl I\n&11 (ofth....nth appOlfl1 A (.'('t'\\'n of Ih.. pr.'I!Il~",; (,()vHt'.! ht'fd.)'. all lUll! ",inj.:ul!\r, lilt h!,lin~ ",11, And, !!:n!.:ull\r th~ incH'll;', pr,)I!I"', i~llf-\l. !\l\.! r,.n'nllo'~ fr..lll wit'll- f-VU !'IOllrc~ .il'f1H..i, ,'jlch !In.! I'H'ry 01 wlllrh, II h('lO~ ;''I\:pft~l,\' undc'f1lt')('I1I.;;; ht'l.,hy InorIRI\~I'(\ A."Ilf 1I1"'Cilio\l\v lW't forth a.nd tl"!l.('f1h('-(1 in tlil' ~untinJ( aTIl\ ta,bNI,lurn dIHIY\\l t-.H~d Such aPP'Jilltm('nt ",I lid ! Ii., 1n",I" "'t lIuf'h t:'\lIHt fI.8 "-0 adllline.II"lllily alld a rtll\ttH lOr Id,~olllt(' nght to lu,itl ~t.'rt~IIW'l'. lUi'\ wilhout r..r'.li'II{,'~ I~. tht' Ildr'lulI(')' or inl\~it'<tl!ACY to! ,Ihl' v.JUi.' of tl:{, JiTO\....'rlJ .mvttg~t'tl Of t..) th~ 1001\".>0(:)' ur in"ol\'l'lw~" of '"\1\1.1 ~ftlrt~tigilr or tlw ddrod.u\l". :)uih It'ol", V1U!t18. llItomt', IMUOJ, and r~'H'liUnl ~ht\\llit' applaNl It\' ,,"ch IH','IVd A.'t~"n\jlll>t 10 tl", \if!i (If thHlllllJrtlo:dft" t>IHl th" pfi\ctiri' or Imll r~ll\ft. In 1111' f\VI'nt o( Ilny d.,illult on lhf' jl!HI of th.' .\torl~a~r lWffllflllrr, thl' ~,f"nlo:!\;:tlr ~fr(.g 1<. P!\)' to thi' \torll{a~"(' on 1It'll\ftofl!1 M Ii rt'!i,..tHlllit\t> ll\lIlllhlv fi'r<I"t ror tlH' prrn\!~l~ ~lIl1mol1l111l.t j"lI.>!t l'<tuiVIlI",\t to un..-tw.,j{lh ('il) of IIii' a;t:~I";::illl' of !hl' twd'i.' montldv in~t611rn('ntA p~yablt' in th.' lhol (,lIllO'nl }.'tH pltHl t!t(, l\ctul'il AIIlOlJlll (I( tIll' l\HIlH&1 tll....f'li, &-'!So('M.llll'IlI,', """h'r fl\~. MIl ir,SUfanre prdlli'lms lor i!uch y...r not. nJ\'t'n"li by th.' "fr;lt~3.I,1 rnonlilly pI\YilH'!1I."l 11. In Ihl' I'Hnt of Ail)" t.rt'&ch of thi!.' mortj{fi.ii:i.' \.( (\dllult 00 th" IH'fl of tlii' \J.lIrt~~IJ(. or in tlli' .'H'l\t that any of !laid J\\.lm~ of lHnfj(')" hNt'tn ,di'HC..d to l;(l not promptly 1!.n,1 fully pai.l AUsJftitnj! 1<1 lb. tUHlt lli'u'of. or in ~lH' Hflit thAt t"&-<'h AJIlI (''itry !ht' !ltilIlD!!ltionll, &RfM'llH'lllil. (on,liiiollS. iUl.lc.)vt'l1!lnt!l of !!t!.id !loll' iii"! {hi." mort~I\g-f', a~t' not.dllly, prompily, ~n; full). p"._.rfOrlIH'tl (j~ if 1,111' \Ior!t:....y.or ht' l\<ijlllliclAlt'-il bank.rlll't or 1;1",1.. d,.rqhllHlt In 1\ ~)i\l1k~!lplcy or, H'n'IVt r"!\~llp l'ro(e(',~m!("ll; then 10 l<tlll/'! ..r 11.f)~. !<lll Ii ,'\'.I'nl. tlll' !'.i'lI.1 Itj.('p..- ~1I1.' l'i\lm m,~n\lorwd !II 51\1<1 nftt!' \!IUI r,.IIHunllU: UllpflHl, "'lIt' m\{'f.'1It ,..('('rw"t to thll.t \Inw, Iln.t all 1Il01W\" ~>';'lJr(.t !IN.-hy. t.1.l.alll>f'((llI!!' ,Iul' lUld pI.lYIi~lh' i"rlhwith, o~ \.hrtl'aftH. altili' I)pllN. ".f ~!\l.! ~("lt~a~~t'('. ati fll:ly 8fill W/ll~lll't.r!." M If All tll" ~(wlliill!i~ 01 mOIl...y Wff.: ofit{H\il.Hy &1l{H11~tfd 1<1 ~ {Hilll on follC!. day, l'in~.- thing in ui.lllOI;'l fir in th~jjj IiHlrtj;(ag~ in the ('f.mlrMY nolwilhatan,jln~; Illltllhl'n'\llxHi or th!'r.:ilft.'r,~t t\II' \>})\ Inn of !i~iil ~~{lr'~"'~N'. wilh'l\lt flotics.~ Of drlJ\f;lli!. iil\llt At 11\.. or in t'~\!l1ti. Ill"'''' 1)(. Pt':>'l!<"-llt,',1 ,Vi if All l\I"I1"\' 5f'('\IfI"! lwrl'tlv lll...d maIm,"! prior to Its IlHtilllt:(.l!I Tlt!" ~fort~llf{\'-e rnay (ilft,d{.)jO..(' thie mor{t:^i~'" 1\.. 10 Ihi' "mount 1.0 "t.du~t dUi' a,!1'\ 11I\~.aioll', and tlll' tai.\ pf("mjM~ Jhalll>(' M,n\,\ !<ll'^lisC)' a011 pay th!:' Mil\!' ttl;:dIH'r "lIlt, 01<1' ("~*M'(~. limd Allo..nm{'~. III <'Mol' of pArtial iot{'d\t~un of thi.. llIo!lgll"<'. the iliort~Ah"nl \11<'1!l:....... ph.!! ~!'\' !\J,l i'llhJt'd hJ ,t~lt" (~;nti,1tl,if)~ li"1\ 01 thi. rnori~lijV C'lf the ~,rnolJnl "r the ,I..!.! I\ot tl~('n ,t,", 1111.1 'lllP!\I,1 In '\urh Cf,.'li th" pnHUlIf>f11\ of thllt pMii.gTaph IIUY Aglllll l><l e.VAuNt or thn'>liftN frtllli 11mI' tit tlllil' hy tit... ~h,rl~Agct'. 12 N" WtliH'f (,1 any ("oHn~n~ bl'll'in ,ir of thi' oh!iw,hon ~OC:-Utl.(\ hN"Fby 1\11,,11 1\1 llf::r" lim.. Ihn"l\ftt'f t;f' lwld I,,) l1t' a w&iv/'f of !lit< tt'lHl!t h'ff.of fof of th(' IllJto> IN"ufr-d h.'r..".r, 13 Th,,\ifCn of thilJ ili..,lrum,'lit !!.l!ill! f,'main il\ 1,111 ["rCf' anti rffi'd dmil1f, fillY 1..,,,q~lll{,lI,.."1 Hr .'\lnHI"n {If th!! timl' flf JlAPllt'lit I',f thr. in{kbt~.tnNll! n[-" Any pMt tlH're{)f /<('('lIi,....1 h('f('hy ,14 This lIlongagl'i.. ,.inn .tn "...~iH\' ilw I"Jf..h~~ tn':l't'l". or 1\ pl\r! thH..~)f, of thf' Illnd;l bn"1Il dnnllonl tond 18 t'.l:I'-("ukJ t.nd '.h'lIV"ff,t '-(JI1!i'll\por",nr-olJ~ly ,,11th Ih~ .!(-~..l tht'fi'for, ! 5 If d.p Mf,fl~t.+:or ddall\! ;n h-il)" of Ill<' qjHllliflts or ligr,'{'Hlffllf\ ('lj!lt!\!lIf..l hl't"f'in, nr in In:.l H'.'!", tht:1 Ihf' ~tOrl~"Wf lll~)'l-'n("fln Ib' !;)Ilif', ...lid an H,~'niiituH'jIj (inrl'i<\lfIR r.'~lnftj,l,' /ltloml'~"'1l kM) 1111\<1.. by th!' ~1ortji:ngft' in !Io:l ol..inl( ~hBIl,lrl\w inl<'rf'5t ISI ll:i' rA~ft pr,wi.I...1 rfl, III tho' ~ltillt Iplil ind..btt'dfH"'M, Alld ,lr"III... rt'IHlv;;i..I~. thirty (30) da)'!t ..ffef tll'man;i, RId, v~\'thn \tillh inlHt'51 .wi n:r1lI$ ;;.r'f"Uf'<1 Ihtr1'(Hi, a.halllw ~'.iIH.,<j by Ihi, rn:,rli(~t'. 11\ {'f,ml th(' ft"PIf>5t of Ill!' ~{ortprA.K"~ thl' !,1'irt~~!r 1l11f'111:\l"'llli, l'.Jiii .I..\in'f a l'.\Ippkmr'lItl\\ I\olt' or n"JI~ (or t It' sum Of 6lHllJl ..\nr.nrNl by thi> ~f!)rty:'l'f'j' tOI lIlt' "iteration, ml)ikrflll.Illlon, irnpro\'/'Illi'III. mil'''' t",rum(,f', (.r f<,pl!llr (If.lIJt.id prt'tl!~jt('"$. hr ll!o~('5 or liAAl'~rrwnt."ll\~R\ll~t !hl' I'Ii!IW lI.fit\ (Ilr it!\Y othN paq><'.... '\lllh..r. ll....d hUfl\i1,\;-r. SM.i !lot... or 001(-11 I\h,,11 hop. !!O'CI!ff..-1 l,Hell\' on ~ P!\rlt'/ with ''!It! U (<lily i'l If the I\dv..n...-' l'\vidttH't'<.1 dIHt'b)' WE'!;' lnrhl<.bi ill !hl' nOI~ f1nt ih-5t~riW aho".,. l-\t.id. luppli'li1f-olllt HO!;' Of flol('" "!\l~ll be/U -