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HomeMy WebLinkAbout2801 WI 32.&57 , St.HW~ ... (,) " ~ I ~ .... .. .. IiiII'iIIiia _wu.. ,.... ..... ad ..L.lIIl.Matl tat _11l-:r~1 ~.. ......., be, ..... .. .... ~_ ADd ~ tMn tN .,iWIIw = to :iE' ..,., _J .. .e...,. ...., tIiP drat "ti..cr. Oft or heron lb. ...---, ,'fJt... ..... '-- n~11J 1Il" 01' iuIvuot..Jll'8li... ab.Idl bot due. If _.... ~~:I', , " ~r..tD........~J la MOOI__ wIIIltIIe ~ or u....... ai, .,1......., ,,'" ~,' -l",tM.... W.th., -1. ,llIl'" ......". taM ~ shalt in com- .. _.~fII..... ..~ l~...... CftIIIt .60 IIIlCOUt of.. ~ all ~te ~ lift.r ~ ~WraJ1 ." atfll =....:..t.dI~ ........ ...... u. ~ -. 'DOt --. ~ to pay to, the Jill..... ''''=- ....1 1 . -.. .. ........N I ..... . ...... ....tdaied odw tM pro<riatOM fJl ct) .,... ~~.. If tMn'" be."MlIt ...... ., of .. ~ of thia ~, r9- ................, .,.... JIIT-' It.,'.... ...~\or If.. ..........,acq.ir--.. tk pnlpIRrty othu. ... jftw thfa1dt. .. ~.. ~.. ~. at tho atDe ot 1M tOIlUMt)C~t of aueh pil'Ol..'t'<<linp Qr at .. ttIM~ ia oUlerwlM ~ tbt ~~ thin '.a in lb. funda a<<ant\,llated undn (b) tl ,'I ~_.. . eNtit ..,u-t U. AII*IIU of, pal then rem&inin.r !-lnpaid I.lnd~f .w.. tIMU pnpIItlJ MJ-..,....... wAieh .... .... ~ oDder (a) of Mid perapap-h, .... ......... wm ~ all.... .,- ~tI..... ratea. ad odMr I'OVVNMatal or ftHJnkipal chArpl, . ...... 01' ~ for..... ~~.... DOt been ma4:t heniAbefon. and in ~fauJt t....tw! tht> Mort. ..... m&1 ,., tbs .....; ud tUt he triD prom~deliYW the otIciai reeeipta taer-elor to th~rr:ortll~. \ 15. That Nt will ,.rmit. <M..... ortu-<<- DO.... impairmeat., Of' dfterwratloo of u.id pro~rtr or MY p.art u...ot; ad ill the ~t 01 the failure of t-btl rnortc'Aa'or to kiMp the bundi~ on Mid premi~ &ad thaN in bt eNCied oa Mi4 ........ or iaprofttDMlfltt thenon. in I'OOd rctpair, the mt)rt.~ mil)' mab nc.b repairs .. in .. ~ it may ~ MCNMt'y for the proper p~rvlltion ther(!oQ(. and thl" hdlllmOUftt of ellChand e'fWJ 18th ~t tbali.. i.mm<<1~ dIM and paYable, and .hall be I<<ur-ed bt' the U. of tAia~. e. That be wW pay .u and, ai~ the ~ c~, and O:XpenMa, includln4 TUIOMb!t' lawyer'! feta, and eoeta of abatr-acta of UtIe. iMuntd or-~, at any time by the morti~ 1)<<.lU5e 0,' f the fRllure Oft ~ part of the mOI'tC'JICW promptly and tully to perform the ~mt'ntA a.OO to\'emml& of hill prom- iMory DOtlI ud thiIt ~ ad MAd eGItI. ~. Md ~ ahall be immE'dialt'ly due and PAY, able Md...." ~ bY the u.a of tit. mortpp. 7.. That be ..ill..." the improvem.n~ now e.xs.ti~ at be"'ftlll~ tll't'CW on the mor~aaoo property. iaI"red at m&1 be Nq'U.INd from t.tm~ to timt by UUt mortrr..- ,qalM, t)<)68 by fin' and otht'r hAluda, ~ and eoGtjDlWlei. in ludl amoun1& and tor .uch ~riod$ &AI m-l ~ Tt"<illiN"<.1 by m':ctR'Aj'et\ and 1l-1ll pAy ~. when du.., ~y pnmiu~ em .uclt ~nau~c~ for ~lI1ent of which prll\'i~lon !-i8.'l not bee made Mteillbefore, AU IMur&na! mall b.! c&rTittd In O;,ltnpaJlleIJ i!lpprD\'t"li by mortiflll[t't' and the pol~ aad 1''801t1Ifala theNOt a.haU ~ hdd by mo~ and have attA<:hf'd thneto Iou p~}'.ble clA__ in favor of and in form ~i.. to th~ mo~. !n event of It>>A he will give immdiatc noti~ by mAil,to mort&ac'H. and mo~ ffi-ty ma.b proof of h)i3 if not ntade promptly b}' lllOrtili4ff)r. and Wh i.M~ compa:t'l)' t':tHi~m.i Lt herftuy author~~ and directed to make paYHl('nt for ill.lch l~ dinleUy to m~aree In.atw of to morli:qor and mortl.~~ jointly, and thi.- in3uranccplI"-'t"t\(ls. or any part tt.ereof, may bE apph$i by mort<<~ at ita option l'ittier kl the r<-ductlOn of the Inddlk,lneM hereby MCUM Ol' to Ul@ nctoraUon or rt'pair of th~ proPE'rty dart)a~:1, In (:\'t:nt of foredo~lll't. of thll'! mcrtPie or othw- tr'llnefer of UUI(! to thE! morta-aged pr<Jpert}' If! f'xHnKUi$hnH'ilt of the mdt'bk-dncM MCU:nId Mnb1. aU npt. tiUo,. and ltl~reet of the mon..-.....Jf in and to any lI1-illril.nc~ p.)i!cit>$ then in fOfe€' ab.t..U pIM to t.M purih&Mr or rn-nt.. 8, That dw morta'~ may, at any tlm~ poendinr _ luit upon thia mortglljft.'. apply tQ the court hay- i~ jurildktioo thereof f()l' the a.ppomtment of a rt"<<ivf!r, .nd such court ~hAII forthwith bPl)i}lnt fl reeei..,.r of the pnsmi.... cov@rt't,iher1!b)"a1iandlIPBU!.u.includingallandliingular tilt' incomfo, profitjll. iMuea. &.Ad revenuca fN.'1fn whale-vet POUr-t'e d~rhed( ldia{:h fL'1d ('\'Nf oj which, It b<.:-ing ~xpreui)' under. atoc,d, 1.. h"fillby ~ as if .peeitk&lly ~t forth And de<<'f'i~l in Uw gnmtlnl{ &nd haL.endllOl clal!IH~? h~NOt, Md lueh N!!('t'IVef thail have ..H the brQjd 4nrl f'tfedive fun,tiona anti pnWCfIj in hlij'Wl8e ent~.Mi by a eoort to a J't.'IIet>lvt"!', And .uth ap....)itltme-nt llhll.ll bo~ mad>:> by !llCh court U fin adlllltkd tlQuity ud a nurttt!f of abilwlute flInt to uid mortSJA-gt."(', find without rt-(E'r(,nee to th,-; adequacy IJI' in$\.J- tq~r of th-: Y~IUt? of th~ ~n'l;;pert.}. mt)rt,,,lfi"r~ Of, to the nolvell{,)' or inwhency 1)( said. rnurtj:Csj{or orthe defenda.nta. ana tr..at .\.Ieh r-ent.!, profttJJ, IDc.mle. lUUt'--#. and r(jvenu~ ~hall he applle-o by such n,(,{'l\'t.'f aecor-dinf to the H~n of thls mlJrlK~ find the practice of !luch court. In the. t'H'lil of 811Y ddAult on the part {if t.~e murtrqur h"~M~r, tht" mortplrOT ag~ to pay to the mOrttrllge(' ('n dt'ffiftnd tl.!l a rrur'n- Ahl~ mont.hly r'l."nt4! for the premi~ an amount at k.ut (<{Frival1!nt to one,twt'lfth (I'It) of the agKr('j(iitc' of th~ twelv{' m('nthl)' inllJUiHrn,:'nls f:".lJyab!e in the tn(>n current ye<<f plu.8 the actual amollnt of the annual t&X~l aaee.fHtmU, WAter r...tea. and ifl$UrAllee premium" lor auch year not CO\'Hc-d by the dOl'eA4id m(.tf\U\I, p4lym~t;$. , 9. Thf! mo~ turthtr OOUli.nt" that ~hould thi.3 mort,r~ and the note !li'<url?d htrd)y not be elig1b~ fOf' In.tura.nee un~r th~ Natkm-.-l HOWlin, Act withir; .:;0 U.'\\>~ from tlH"' dflt.p hert'uf (writ~ .1A~t of any otft..eer of t.he fedt>.ral Ho\Uioi' Adminilitrath!i or Authorh~1 ll.Kt:lll of tht' F~a.l ltauairqr C<:lfnmialcner datt'd llubMlq~nt to th(l ""U l',,:~} tili1~' (forn the date ot thi.s m~ ~llninc to 1M'.U'" Hid n.JUj and t.\i.tl mori.g'ag@. ooilli' d~mhl condu'\h't~ proof of !!uch in- t-l~bmty), the ~ or the hoid~r of the nvt@ may, a.t itJ.J option, (hxIAn~ ali IlUTll8 l-ffUf'l>Q hereb)' immedlatt:iy dtUl a~d p&yahie. 10, Th..t (Q} in th~ fft'~nt of any hN-.&r.h of thi.l.'~rtp<<1' f>r dt>rA\I)!t (Ill the part of tht- mortgi\g'Or. or (b) in the @\'!'nt thAt any of nid IUffi$ (If mOMY h'i'Atn fe(('ir1"d to bf: fi.:!t promptly and (till)' r~id with- (JUt ~.d or notj~, Of' (....) in ~ ~vt"r:t that t"~h Iud i'V(lry the !t!pulaU')ll!l, aj(Ye-\1mel1k\. (,Qndition~, And OOV~jWt& of Mid not~ AM thilJ nwrt~, 1t~ not duly. promptly, and fuliy perfonHt'd; th;:tJ in ~ahli'r or em}' iU.l>:,h i;....ent. th~ aaH ~f~,\\t.... ilum 1rl~ni;;n.;..d in Mid nQt~ then tNl!uinini ilnpaid, with inte1'wt a<fr<~ to that time, an& ,.n m~)rH'Yll ~ure<i hH~hy. !.hlJii !r-."Come litH' and pAyaUt> forthwith, W lli~rM!t<!r. it tht: optiO.f; flf ;jl.ait! m<:,rt~3Z~, ~ fu Hi' and '(.(Jmpktdr I.Il jf all of the l!;'lid I\UI!1f\ tIC mone)' wnlt Qril'in,.Hy ati~jA~ to t~ paid tm ''l.!ch day, il.flvt!-nng Hi $~id i',j{{' or in t.hi~ }j1\'tt~a~,~ to. Ha' t~Qlitraf')" Mtwithst.a.ndi:",,; jlOO t.her~ulY.m or tht:fffjftH. 1I:l the option .)( .!Sflid mnrltitgi:f', without llotice or ,lemand, P3ft III I...,. or ~n equity, ~y t~ pn~)t@>j ,~ if aH m';'i1'i'Yli ~u!'t'{l fwrcl>y i'-'<1 mAtl,li'l:-d prior to its in3ti. t;t',ltloo; Th~ ~~. mar f('}N(;!QlM thi!! m.Jrtr-~"', !Il.t1 to th~ ~"Q1,l,f1.t. -!!I9 d~!Ar...t due and J}it~:iibl(<. And thc9 K:d ~nij;W fth4l1 btl'1.tt.>kt to il&.tld':f and pe.y thf1 Mrn9.- \.~tflN wIth t'f-'SUl. t'xl),-'tllJ.e.e, fl;th aIIOW4nC%. h'1 CWM 1Jf poArtiAi fvr<llJCiaau~ o! L~1-.5 mo~. the mortp&'l!d vrt'fi~~ "hall l~ ll.,1)ld subject to the con. ti:ftulng lim of th~ l'n-!'~ f(Jf" tM aWtotU'it ot th~ [~bt i,{j{ then due And unr-aid, In IHlCh (Ilii! the pro- V).tiGM ,,[ th~ ~.fitC'f'. ma:y ~n !:Hi availed of th{'~itH from limp to time hy the mtlrtg\\~ee. . n. '1'1at. tM.< ~r :~iH <<iy~f;' lmm~jjj,k Mt!;::(l by mllil to th~ m{lrtglJ~ or any conveYAnce, t.nt'.ltfu, 1)1' dHm.g.e of uwn~ntllp of th4: pnm~. , JZ, .That n(> 'tVlli\~f of '.fir ~)"',{t-nlnt h~r-~In (H' of tho.; i)hllgAUon ~\ln.-..J hnroy a.hall at l\ny Un16 Utffc~tN' ~ ~d t(., 00 a WllIV/!f of th<! U:t'l'fi$ hNtldt 0. of the~.4t M!oCUN'rl Ml"uby, -1--; ,-. ~""::~ ~~--:........~---............---_..~~_. ,~'~-------~- ~_..-