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Home My WebLink About0165bu~~i ~ ~~ I'~i1R Y ~tit)~' i~T::C'~1L~2?~ t~18 lllt4lt'~A}~` ~ai~Ci423a3!<L(a} tO j~lr ° Je ~. i i ~~ ~~ra:~t~;~~~atanr ~#. ~ o ~ fAelM ~'E3C'~" ~ J~ i;;i~~~~~` ~`tS.il~f~~.E`~' ~ ~~~ i~2~S;~i~';~ ~$S~ dtd®~~ ~ 1i+~lt~ve•c+~ , ar or(l®r, the j3~°lnt:ip~i ~r~ trf '~`t~~ iJ i~ifl~l~tFs[! -________~.____ Tiara (~ l.~a~.~~ ),t~itl•+ iiltert.at fror33 (#atr rat t}lt' rat4 Cef ~i~'t~ 8: U~litml~rtt~~~'E ~' ~ ( ~ ~) T'om' annum on the unlulld 1:lllalaee uniil tTaiii. T~ln ~ prttaeilx-I aszld ilat~I'~t rhall lie p~altr~ gi. ~e B of the ~'clciea a.i t3cau€3~.t?tg ~t~w;a~.~~ret`~~cs~ in ~~~alc~tea~i, l~. ~. . or ,tit ~l~h E~• },lade a,~ Gtte h()I(}el• rlift}• t}r-:;iKlt3te in K•1'iting, in fI34I'it~'1}~ i11At~1}3Ya~Ylt9 of k~~~~"i~~ ~~ !`~~~°~~~°-w I t'.,1}rtr~ ($ 161 , ?0 i, cema~~neing ala the fleet (iey clt ~ , ~P s~ ,and on the tie°+-_ (ap of rack m!lnth thereafter anti} th© prillci}~al and ilTfeYeet tu°~ £uliy mod, t~7Cc~~.tt that G'as tiatral j•it~'nlent of th(A entire ini#ebtet#nt~ evident;(} h>?rehy, if riat :s:rt~1~~ ~i~, ehall tye dita ~lli~ ga~iyai?l~ ars the fir.t (#rty of ~pY° i 1 , 15 f~! If t#t'fault l.+r Iit$t}e in the tuyr3icnt of a7;}• insta}1mellt ;I1,(z2r thib dote, iir,d If lsuch def~,u}t is not rrlRClt - gu(?d },ri:)r to t}:e due t}xte of t}le nt~xt surh instailinent, the L.ltire priatcil>a, burn and acii°~1,~ itltet•est chilli ilt once i>ecurnr due acid pas•nbie ~.'ithout ll(1tICE Ht ihQ ()~tlOn Of tll@ h0}deY of itlia Mott'. lwiiiltlYt? to exerri~ this optirnl shltll not col3stitute a wrlivcr of the ri ht tv exPreie~ the r~nae in th~• e~ellt of auy° sul?ae:~uent ,lt•f ult. #n ttlr event +if t#rfault in the iutyment o~this not,?, arld if the &Anat? is co}}e:te-d tT >~n attorne}• ilt la•,a~, the llnt}erl:lgned hereb}• agrreta) to I>:t~" ell! ca3t_s of co}#LaCtioll, trlClu(~ln,~.a re~.~onat}'z a'lttCirl3:~Y'!S frt. I'rr~t~tltnlent, Iiroizst, ~ru# notice Fug' hereby w€~i:°c~t#. :1nd s}lx#i du}~', pr(tm2it#}•, lsnt, fu#}~' I~t~rfai-rn, c'itschat"ge, (~xtcute, Affect, eon:pietc•, anti ef?mp}y wit}: ant# rt}:l(lt' tr:' t'tiC11 illld Ever}' t}l t' silpUlf:t;ir11:4, regrE'ement$, C(,ndltl+illS, Hlli# eti:'C•tlalltN of Fta1t"i I)rORllSSOry IiOtr illit# l~f ti`ls I11(,Yt~a~r, t}le!1 tt}ls ill()rt~'Flge t1P•(} t}ie eStatP herkl?y CrtRtE~l atia## Ct?113E ilI1C# }:i? TiUi# arld L'£+1tt. A1ld the mt,rtgsgor further ro:'enitnts tis fallou'b: i. 'I'}lat }le Kill I?Fl~• th+~ inc#t'htE'(irter;n, as hereint,E~f(,re provider.. I'rivilegr is reserved to 4>Fty the (#~'l+t lI; :ti'h(,#t•, !1T lit an a11:0UIlt l~IUal t(, Onf' Or ti l+,r%' rlionthiL ~l~EyrllCiltB on the L'rlnCi pil} t}lat are nC:Xt ti U!' on t!lt• r.'_,tt•, ~,n t}le brat c#ati of al:y rlouth ilrlor to rraturit}-: Yrvvi(ied, }l E,~•ever, that K°ritten notice of an llt:+'litl(>Ii t0 E'XerCl3f' StiC}t pri~~iiegc' is IyTi:'el: st least thiYty (311) da~•s prier to prepilylllent; a/ld, i?rot'ic}eci 'ul t}i•'r, t}litt n tht` event th,_• dt'})t is I,ftici ill fui# prior to nlatur-ity' and at that time it is insured tl;l(#el• t}~,!• provisions of the :'rati(ulal Flotising Act, he w•i}l I?ay to the mortgagee R11 adjuetr~l prc'rnium charge of ('nr :><'r + (`ntum (1 ~'~) of tht ori~~inxi princi},ai amount theta-of, excec>t that in lto event Rhx.Ii the Rda!lstEV1 j;rt'r111;1i11t'xl't•t'ij t}le .i~;~{rr~itit' itrrlOUilt Of prrll}1lllilChiit~'CS K'}IiC}l WQUid }18:'e }}£`tr1 }-4"i}'aI?lt' If t}1F rllOl"t- i;rl;r(~ }lti(# t'+.?Ittlntie'el t(~ }x' 1'.lallrrt# '•il)tl# Ill.':t:trlti'; AIIC}2 pa}"rrieilt t0 }?E' appilL~£I }'}' t}'iE? r3lr)rtgRjSE'2 U}X)r, 1t5 -:+ilji•kitl:ili tt` tiii' I'~t'tit'r;t# II()11:~1Rg C(t.^,ii1115ElOiler' Ott 8l'COUTtt Of mOt~gA~je inRllranCE'. 'i`I:F:'. lii Orr}er ll:Ure fu11~" tt, j+rtiteCi tE c` Nt'fUrlt}' Of this mr?rtgage, t}iE' rllOrt;7iigtlr, tQ,j;rttir,r :clitl, ,tl:~~ ]n fi+l(11C!i,n t0, t}!t' Iil(+nthl': pa:"n}i'11t8 li;t(#£'1" the tnTniS t,f t}1P, rlUtk' NCCUrt't# beer})~'. Or} the first tl?.}' Ctf t'<t.i~ nwnttl i;nti# the t?lti(I note is fu#ly }=rli(±. Viii ;~}' ko the rtlortgsg~ the ft,1}owing sums: (a) If thifi m(irtgtlt,t' iu;(i the eai;i nott~ seeur('c! heri>b}' arc insure~ci under the pl"O:'ision8 of tht• 1FitlUtla# Ilt~t;3liig :~t't Riii# R(, 1f,Pk aA thl'~' C(intlri!!C• t0 tx' n0 inatrrE'd, Otte-tweifih (t.lzz) of the al'lnuill r)1+,rtka;~t' i*t~(;~r:inr~' prt•lnium for the purpo:,e of putting the mortgagee iil funs#k tvitts :s'hiCh tr. di>i- Ciirlrj,'t• ti1C•.iFtl(I In(!rtgas'E'r~r of?#1gFtl~,T} t(+ ihP I'edrClc! Ifctlsing Conuniar3ioiier for rnor*.ggRggE lI1N!lrn11CE' j+r+ rllunls jlursurtnt to the aplilicah#e proviaionil of the P;atiollal fiouaing Aet, ~ r:rlenl3ed, and Itegn- i::tlt~I:3 ti+i'rrUil~~t`C; :}l(' rl}Or:~Rdee S}iR##, Uil the te,TTJiln3t10I1 Of ltd Ot)llgtltlOn Lii I)8.}' CnOrtgSgr 1nSUr- :: ~ j rt nlit,h~~i, Cr+'.lli tri ; l:t' 4000UIIt Uf t}IE illOrtgA,~Ur ilil p9)'nleiliR illfltle Uit(]er Lht''flr(?:'1bit+:1S Of th:h .. .i ,: il; .tiiilC2i girt' ilNrigilj{t,•C }.ilk alit }N.CI+Iltf Viili$Ftitst} iV j+ity' tU ilit Ftili.'.'"ill ~lUUh1i1~ (_UI.1rli:9- - , .. 'r. (j+} :~ Slirl'i t=(jURI U% C}tip $TOUI!r# rentfl, # f IIri}', I?,: Xt dui, p}!~$ the prC•nl!1lnlS that K'll: ri'Xt [.'tCOnit ,alt :tl:+# }~ll;.t'1,,E• on ix,li(•ik•s ,;f fs,re Ii.r(i of}lee hazard insllrAnce~covering t}le mortKage~i pro{)rt-ty, p#uR _::~.+:: ;lr.d ~i:+;tessrl-:?•nt rry:t du(• on t}tr lll-,rt~~agecl prc,;<=rty (ai} ns e<~ttu:rtt~•d b>- the mortttF+yer~) i.•~.~( s:ii :;~;nl lilrt'a(#}' t;,;i(i therefor ciivitll~(i by the num}><r of nu)r.tha to elapse before one rnont}i prit,r ttl!' t#Ftl.+ ~t}}t'r? 3L`+`h gfti+Un(I rE'litP,, prE'miums, taXeB, an(I a.9Ff:°Sr[iC'IttB :r'lll IsC`CtitliP (I ('#IP,QUCnt, ;iilC}: „~,,.1:; t;, }h. }},:#(i },,: rii.lrtklSgPt' lil f UNt L'J Ii£i~' Sind f;r+'!Iti:} rE?ilL.4, j)rrItllUril?., trlXE'S, Rtld rIY?CIAI a~4r'~5- tl;.,Tif:i. i ~ s~## px1"ItiE•Ilth nitntlUlt~'d 11i t}lt? tK'Q ptt~-G?C~ill~ dai)~PCtIQn~ pf thi8 UnrB~"3"Ai)it $n(j aii j3A}'- r,±~; ;+~ ix• rlla}e ~-?n(#er tht~ note of=cured hereby' ahilll })± add~ci togt~thk_r and the at;greig~~te €:i3unlnt (t,t~• •~~? :-=. }lii#( hr jii?7(i 1)E` the mt:rtgRf{Ur eACh rliOnth IIt Fi Sllli(it: }?$~mi'nt tC+ tee AT~I)If~d [)Y t}l (+ Ii1JCt- -. _.~ ti:F I'!#lo's','ing lt£'rrt-B 1^ t~'ifi Or(~ier SEL fOT"th: i. prt'.rnlUlri C!li3YKt'F utt(#Yr thn CfJIitr~llt Ot 1116!iflillt't~ SYIt}'i t}1C' ~ tYti i'R# IiOt!!31Iij7 t~f)'sis In153taLer ; ,,, y,'T(lUIt(# rent:,, taXt'ri, rsS.°£'rA~t(IfI3tR, 111' 8Ilii r,~};s~r }',h;:hr(~ let?Urtti!'+.' ?trPiTiiUnl; iii. iilf~~i-t5t t1li t}1l? nOt.E' 8E'c'.Ur@d ht?rEli}'; $n(~ , - tv, arnortizl~ticrt of trle I,rincipai (~f ssi;l P.()t(?. 'ils:i ~lrlt'1enC:' in t}if'. ri?Ii+itlt-it Of Si2C}-1 F~~TE~ilt+' Itl()Ilt}tIl' ~t$,'IllkIlt. Lllk}~, UI~iCA&.Itltl(~i~ ~E)!:nj }~;' t}l t:: rt}r;a'•t,r prior t(. tiht: due date of thE~ r:e~:t such 136~~rt;erlt, c<,nstitut~ ur! et~er(i =,~f d;•a'au#; untie.- trlif prnor?• k,i~t ~I'he mortg€tgEE~ nla,° cu}#eci a "llitE' '.barge' n(lt to excec.•EI tR•(; ce•,it~ (~#) fk~r rA(~b (}o}lar ($I) of t-:sc}t ,+n~rni•rt more than Piftcer (1b) ;a~;s in arteP.rs tr_= eove the extra ('?:tci~bi' f»vo#vad iii }landiing - ~,ielin~~ucrlt payments. 'I'I1Ht if tr,E tUi<71 c+* ti,+ i)ar'n,;ntk, T K :e I?tb' tI1P.mortgagt)r UTtli~C (i)) of p€r~ji'asa '~ IIP«'G~#tll~ &llt.lS • #, , .rit' unit ..it Uf t,~:.~ F hth it ~~ i! ~+P , ~ r 1 -~ t t L fi t ,.. t1jA .~' rnF.+l L}' 'i'!e rilllr'.~-,'A},E•t'. fUl jL"te) 3Il(# ILltt f_Xt3~ it(# ta'if~'+._-1[l.. .