HomeMy WebLinkAbout2182~R~ ~fi ~~>~~ 3~
If thr total of tht• }:n\ tttenta nlrfle hg [hE' hiiii{ge ;r until``' (a) of paru{{rnpti 2 },i,'a•t•aliltq nt+sll e rt•Pd tiff`
n!SL+II{1[ lif }+flf~7Sltalt8 arlllally Illadf, tIS til!~ ?~{!lrt(.',A~(t*P, (l+r g:,lllllll rt~11lA, tA[i`1161711 d88f•ttei717C`1tt£), alill IISK111AIth'
1)rc inlurta, as the c.~e tua~ ix+, eu~h etcc-:'~ wshail t>o crfviittd t,n ,:uh~utult payltu'nts tt, he ttiAtlf= ht• the titt,rt-
},aKtlr ft:r such itt\ll~+ c.;, nt ?~{!)li..pragf+e'tt +)ptulll, litltialt br refttlldttai t.t; . iurt~, a{;!)r. lf, h!,wovrr, eucil nti;Ilthl}
>8vt11Pll td .hall nut Yx? xulfirient tct pad I±u ch itc uln c>.•heu t11r RfJlll~~ etl all 1-rt~cYnue t~uP anal pavshle, then ttl,.
~{tlrtRad{tir shall k1y»~ to the ?i{ortg~t+e any snu;uni ttot•:•*~sry to ins.1:P t-t 1, rho f1t"flf•If~ll~v. ~ll••~L pnynli~:lt s1+y11
?,~ rnAde within tilirtF• (;fit}) time aftt~r writton nc;tic~~ fnnu itte ~inrt{~a -M ststil)g the 3llrnint of tllf~ ci:~ficiellt~\ .
which nc,Eiet luati F)r ~ivttn b}' mail. If s1t auv titer the :r{c;rt~a~or e~tali tFndPr le, the !~St+rtt;ry;tP Irl nr:~ltrd
atu•i with iho ;rovtaunt» of thF Harr e:icitri~ ti~by, ful! payt•tPttt of iris entirr indebte=lnettA rl~pr!•s!'nt!'ti
thereh}', lee ~i~otigag:.~ ettsll, in tx;ruputiltg the amount of such indehtr~lnf~~t, crt•tiit tc) the a•-•colttlt of th!~
\iurt;,Za;~~~r att~• cn~ilt bsit+ncr rPrnaiitiap• under thr proviaious f)t (A1 c)f a..~d psrn~rapt, ;d. if thP.rn utt;tli lit' c;
,1c'fuu.i folder any of t.hP III,+viatona of thin tnort{~Ct+(~r P*3dultiug in a ptlhlic »Ale of t le pr: ntitscs ro~~rtxl htrel~\
!,r if th+• hilt-t~t>};tr wcyuirteii t11f• prolrPrty t~thnrvrltu after defhult, th=e h{ort~;A~eF tll,all appt~•, at tF,e tinl!• of
tht• rununt'tuenteut of Qurh ,lmce~tiittt~ ur at the tunfl ills prclpt'rty Ih athc•r:e•Ir~° act{u1rPd; the emoullt Lhrit
f Mort ,roc<ir under ie) of para~-raph 2 ;+rt'cf'tltn~ art n cr=dit o7, tllt~ intf'reat srrruf'ti a!)d
r-nlsil,ulg to credit o
un};ui<i fuel the balance to t~lf- principal then renlAlnir-~ uupltid un salti uoti•.
4. iio Wilt pav all tect.a. e~etx+latt;ettta, w>ttas r€-t~, a~-Lti atI'*t+l• ~clve.rutaaut7~1 or tnultiri}?ISl cilal-q*~~, hrloh, ar
il;l;): xsiui;7~, for which t)mt•iaion has cx;t Ix~n tnsidr her<tut;elorz~, et~d in fit-fault tl,erru! Ci=e b{orign{{cr forty l~}• t?1L'
rrruP; and t-ha: lt:q will ptc,nlptly deiives trio official rc~eipte theli fur Lo ihe~ A{urtgagz~.
5. Ile will },ertult, c+(>.nmit, or auf{o. tx; w>uste, im};~ti•n:ent, or dPtcritr~t/ttn of t~eid tin!{xrtE• or an~• E,etrt ther~~,i,
eYCe};t ri2~<inal>lo ~sra: Al:d tsar; R[td in rile event of the fsilurr of tllr, ?~{<,rtga,~ar to 1~i~Pp t?lF t.uilditiy~x on s.~tld
lirt~miz4i,e Auci t.bose. to t;e ercrteti on said prem:rc'e, or improvrrue.tli.; then'aln, in gtx>;! Iz',uzir, the :~iortgA~~t• uls~
ulske such tr~,laire tr! it its dlr~.;ttien it Ina}- deFUn nriar}' ft.r thr l,rv};er prrtc!~•Rtitln ther.~uf, and the full alnouot
of c1LCt1 and Peery each Ft+yrnPnt ehrll `:~ due and pl~ya}'lt tttiriy (3tJ} dayx after demand, and shAli t,e. 7EPCUrfYi by
the hP.n of thin luort~ag>c.
G. Ile Frtll 1n4~• all and aioglllTt~' tl_e tk~stta, c}laT~ slid nxlxrl~, inatudlll~ rtA_~nahle la~yer'e fec-a, ~.nd tv;t!t»
of r\t>Ft-ri5c•tr? of tit'•e, iucut•r{ci or F,aid At acts t.inie h_; the ;~tvlt~~c~e trt-~-au9e of the fsiltir.• t)r: thi• ;;art of t1:P ~tortatn~ur
};rvrul)th• and f±lily t.r; prrfonn ti;e a~nrmcntls and oovenltnts of Axid pmrni~on~ dote and *.llis tilurt~;ai(e, at,d lt-~ld
c+c\ata, chal~a, and e~pen~>3 aitall tx+ itztrlt~d~~tel}• duo and pey>st;le rltd atLall t» Ec't'uPi,i try iris hen of thl~. u7r,rt.L(rgc
r. tIe s5'lll CY''L1tdnUJl1t4F4 nttt!IttC.tl3 hR-e9r(1 lt]El4I'd1iL°C, Of Ailrh iFlh~ Or tF1K-@ dli~j dillf\1111tB R.4 ~Si!)(L1;el~;PP 1i19S~
fr?nt liIltf! t+:1 illllP rE~i.]ltr0, OCI the IlIiprtlC~t7lellLd n05t' Or il~ll?aftF,,r OD 9&id };rPIill)+t6, tilld e7fcPpt v,'1_ell p®S'Rlf•llt
Et)r liil such prPtuiunte has t2tarc:tofotr Frr~n mrdP llncar (s of pare.g;~ph 2 Rer!~tif, tie a-ill pas pronlptt\• xtlntl
due- rnE• pl~enlliltlts therefor All irtrLtrsLlc~ rthxll tr,~ ea.rri~ in cx~ntpanlc~ spprnr-c;d b~; ~{origa~>.'~~ ale{ t(te }xili
ei,~ r:ncl !-~ newalr. thareof steal? F>e held by Zlortgr.{;ae and htsve attathea~ thrtl°eto If~ia 1)tssshlP c1a1.7~ irl fAror elf
atld in form accstitAhle t., Life ;lart~arl~/,P+9. Iu event of Ic*.'~ ht w-i11 give irltmetlis~ats i tes.• }~ in~ uran~ei ralmfi~ ~'
atul \1ort~I~;t~ ntav tnal`_P proof o cx~ if not tnncle pmntptlt~ br 'ilort~~;f- i
~~7nc.=nlPd Is hP1Pb~ auth;iriu..l atld dircrt~ci to m~e pavLnetit for $u i< ln~ ciLrt~ctl: tt: ~Sc;rt~R};r~c' in~tcad of
tt, ~Sor.~;agc+r and ~iortg~s;t-~ ))ointlt`, a~•td rho it~sur~.nt~ ptrooe!ecls, or e~t~ psx4 ih~rtu,t'. n1A` lk app~iP.(1 b~° Ai(;rf.
~ill;t'r st !tc n}+tuul PithPr to ttte rtc~:lcti~=L1 of t:Ce uldebtr€du l,t!rehY a2`•cure~l or tc tC1P Ct~tOrstlU[+ or Yel air t;f
tll:' pmptfrt~• dsln~eai. In P~'P.nt of [arFCit?fsutX* of ttl>_a nlnTt,tri~{r:. t;:' otlttL*' tasii,?fer of tttiP to t11c' tttort}~at.c•ti
)n+t,ctrt~• in exti;lgut_aitrlcnt of thf>. indebt~dtie~ At*curt ~.i ilrseb~', all right, ¢atle, rind int<rt+nt of the ~i<7rt~Ri;:)r
;~ slid to any insurerce I)cliciPe ih~+tt iu f,)rc~ Allai psi ix~ the pttrcltt~~~= or grantea.
ti- 11!• H'111 [test P:~iK''itP !'r file t)f rf'Ct)rd RL[l IllAtrltrnPnt S§il it'll ITTI }>{;aPa 6 rf`:it rlC tY.+li ll;!'+L Illr wnie' iL' tr'+~7:~
N'rt•. tif~.t:r;h~u he.r!~stl un the bt~~t~ of rsor. ca,lor, .)r c-rid.
+t•r,diut; n a3uii u}x)n ti11B ntt)rt'tl.~t'. Appl\ t'. tllr• c,~!lri hd\~Ilty~ l.Ins~ii~
~. 1•hr ~iflrtrain=c Ina,;, r,t sI7S- tilne 4
t
t3t731 tflzre~e;f fOr lb t~ a11~)lllntilll`Ilt t)~ a reticiver, and such cawrt lStl all fort !'A"ittl dli }it!iI1L [. reCei ~ er l)f iIl!' 1+rt'l:ilwt'~
c!+~•er!vi hett~tl;' all snt +3t11t,UIar, lilf'lliillil~ all 3ild Slti~:tlrar rile 111C<,nle, prt)hisi; 135f1t'3, fold TtS'eilit('ri fCtltl: \t'l,hi
r~~t'r sF:urcf~ den •: t`ii, Pdl'1! d!itl eS't'r y' (1f SS~hlih. it t*z'111 ~? eipri•x;+tl\' 7!ltdcrK tl;txl, 19 lterPbc ill+,t Lr?)t{;4`tl fiir if BpeC l; i!'F;li'.
;;.•t f!;ril! rnd tlrst•ril;i-:i it. tlif• grsntitl~ sll(1 hnt;endutn cli3ut.c'~± }lerf~>f tiut,ll ap, c)utttnf•nt F11e,11 hr' mRfl~' 1~~:
3,1c?: c;,urt AF ail Admittrcl etluit~• ts:ltl A i)taCteT Of alT3Cllite' nglit l0 Rlr,lli iIt\rt~A~T,I'e, slid Si'ltll!7lIC rt'ft'rf•Il+'i ti'
Ll1t' all t•Q ii At'S' or 111a:1t'C;U&C S' Of the S"al llP Of flip I!rOpPrtti• fltc;ft¢; nf{f'al Or t4 "t 11P at;1 S'enCP i)I 1[i9;)l l'c`Il :'S' !lf 4t11!1
{U7i-•Ajthr Ur tht' df'ft'IIf~~li~. .'~i1Ch rFtltB, prtshC%+, 11iCi)Illh, t_~SiiP23, w'~':1(i rt':'('nllf`@ @l7Kil 1v4' apiilltYi }?1" HtIC~}1 Ct"'!'IS'!•r
{
ac('ur[llnk l~-+ thf' Bell Vf lhls fllOrtgY~P and flip practice Of el!Ch court. In the PS'i'Ilt Of arl4 tlPfhtlli tell lht' };»r(
ttf tile' \fc)rt1;r+.~;:)r llc°ri ltndrr, thc'i{ort.~ai;t,r A~e£R to psi tc+ [hc ~IOrtge..l,;cP ott arr.Iltnd AR h rr•RS•)tiel)I' f,llrlttl)1}'
rental ft!r Cllt=- prPni;=(•a 8n Rlllti;itlt. 9L -PEiNt P`fills"Kli•ilt t(r OIlt t\','iifth iL;ti Of Llit' Al~~rc'~'dlc flf LhP t\S',~IS-t` Illu[lt?11 ':
+
1:1ritr.llilir'i1L8 1?S~"Hl)Ie lt1 t}1? tiieI! l'UrT,'~t F't'8r pluE the ttCCliAl 6lnt,ilTit t?f Lltt Anll+.lA t :.S!'b, ttsnen:+Ilil•Tlt~, SS'iitf`r
rate-~, and inQ+_irallca pI-f'miurus for such `•eAr nOi Calcereai by rile afc,rc~aid montlilti- pavnt,nt:~.
10. Jn ill!' eceut i!f a1lE• [lrt'BL'tl t?f thlf IP.Orti/,a7yr. l~I tilPfatilT Oil the part Of the ~,tt;Tt~;F1~'tlr, !lr Ili the eS'Pili
tl)st T>,n~- rf Kaitl shins tit Invnt;• herein. referi•f•al to tae not prntnptlti and foils paifi srcr;rdin~ ti, thr tcn;,r hcrte;f
~.f sail
!+r In ti, t' PVent thRt PAeii Ylttl e S•Pfi' ihP letl ill$tiOnS, ~t'8[IifIltfi, t'i)LlfiltlOlib, e°,lld rt)vPIlAnCfl i I)UCC' Hnd
t .
il;i)f tli~+rtgRa-~~e, srf° nf;t dui, l;ltnn};t:5; ttnt full~• pcrforttir?d or if the 't{or~'i`~t`r hF Adjudiclsteci tihIll:riipt tlr
Inll-ie deterlfllnt in a batlr.nlpt: ~' or rrceii-erghi~> prtx•eetl~n~; then ut citllar or and sllt•h want, the said sl;~r`
};Rte= 5Ci T1? InPTi tlOn ed iii ?+HI i tiff tE" titer: rt.nlatn 117 utlpatd, W1Lh il]tf'rtSSt ~Ce,T i:tlf t:+ t1l i'it iC11tP, piIlci fill nt!;tii-S'
>~f•cut~t~tl itc-reby, aliall -sc•ct,tue d+.it3 e.rul psi•at;lf. ~~rthti~`it.It, ar tlteree,ftQr, At tht: option of asltd '\lort ,a~t°~, as
filil}' and corttpfelrl ee if all rile BAiei auntls of irttaney 'err origir:sll` stippttlAt~•d to }rte paid un eucli t~a_-~. aril''
thing in fisitl uot® car il; this mnrt~~ tc; tli~ c~ttire.rY notwitlligtarui:rlg; nr;fi thettsupan or thcrt~rl,fter, At flip opttt:~rt
of RASt~i ~SIOCtn°~'it, V'iltltOUt nOtiCF or deint~tfd, Btltt St lA~' OT 1!! !^~CIlt4, It1AJY F>e+ 1)rC)ra£`Cilt#xl 813 ! h in(;ii+,~;F
s:i't.ttft'<l i:i'Tebr ilP.=~ I119tllyd l;r-Or t<} ltd IILP,iltllt..t02]. `I'2!e ,t'iiOrl s-K''e Inbv 1(+rQ-{'dt?St' tiliR rllc)Ct{'~,!t, 5-,'s tit
alnuunt et, dcrlel•e~d flue and pa~•nb-P, and rite Maid pre.rnite~ shaii~-~ evld t~) eati?if :• rand pei~ the eAnlf t=,; = ih,'r
w°i ih cOSts, Pxpen~e~, acid all=>warLC~ In cacti? of pf><rtial ft;r+?clcraurP of tF1L8 nu)rtgAg~ , rile ntort{~agf~ci 1 _ nllF=~.
ahAl1 ire salsa eui;jc~.t to tits coaltiuutnlZ lic`il of this mortgage f~~r tits anlotlttt of the ric'l)t nor. then dar• snrl t+r };Aul
r ~ a~•aslE~1 of thereafter frvtn Ur71P tf+ urns t+., ul,
in r,llcll . ~~ rile prc,v~iaiar~ of thin. pgrAgralth mss t~;si_f
:~itirty;Agtfi. ,
t
~ 1. iC~ Si A15'Zr Uf marts' (:Z,FElli*~rlt hE.'l$ili Or Of 1118 Obli~;attlln ~,t`Llrf-fi l.crPh_S' t:tif<l ?it Ril': iil[li~ iiio•:°!~Hf:~"- tl"
hel(i to i;P A V?aiFT Of t~1? t°3"til8 hcre.~f OI V{ t±i@ note lEC~Cllrt:{I };£?Cf'bY.
i2. Ttle lie:.^. Of lilts ln5t.:iLtlHnt shell rtrll~.tl! in full for.^r anfl .'fT~ct diIr}rt~s ar1S' F>,tst},:,t!t'tttt•li' +r ~ ~::•'!lnl:~l:
c;i the ti1nP of pati'rnont of t.ite iildebt~ineret nr arlg p~ t ill~rc-~)f aecureal Flex:=b~ •
13. T1ti+a snort rye is given t±; ~e~re tale Puri-k~ ttl;,t;r.,3, or a p>srt thes~;f, of tl;=• le~ttd~ l,r•r!`li~ iii=a=:: t'tri~i
Anti is eat~~utacl ASl~ dnli~er~,d wtlt~_ttp<.:ra.ttt~)ttalr wit~t', ~t~ d thpx~fur,
14. '!i ill>E ;;Iart~a~vr default its 6dt} of tale tract~tt~ ut1a~rt~it;ntt~ LY\nt~int'~l herc~itt, c)r irl said t.nte, tFlt•n
ttta.z~iGft~!`~:ty3 It?aj'• pet•fOfrtt t>k!C &~rsle ; aaild Q.~l CR;rsl?{liti~~iti~ 1fcnHti~ tr£riIici~;~}ttcirtt~t~;ue~, s-nd Ft~~ tt~~'
?~tt,rt~a~eQ to tlr, t,u:.tlg etlt,.ll ,lrasv iut~~t st ~_e rats I,
r„psyyAble titirtj ($Q) ciay-a after d.at~d, t~rl, ter ~it~a iz;t~c:>r~L ~tt=3 c~rt$ arcrueci t~te~ears, ath,tll t;a,aecur~ti
h~ lFsie tnGrt~c~.
1€. I'-~c+tt tile. F~qu~st of tlz~ ?fGrt~a~ the ~..~c?r~s~~r mall ~xe~tt*,s ~>d cloli+or a sal;pleta;¢ntal nu!~' .>1
r.~te~e for t.ld t~tlil i.r sum ~dv~a~~' bi t~lti3 '=€r:rt~e~ for t~*;~ :~letral:{3rL, tt~~'t~iiz,tltittn, irt-tprovernerlt., rllriitl-
t,•_rit•_rnrlt.re, tar rtl~.r laf )~ p~arais~, for ts~x~ :ar lleaa~ ~4 tie ~~ std for zany takFter purprxe Itutilar-
i;~-.~ hr~tlnde:;. f`iairl ttot~ ts€ uts=~ t~3lall l~ ;e~+cttr~l h~rFrh.y i~ a p~xit ~it~l and ao ftall~' ~ tf itLP af~:arlc~'
eviderse~t3 t•'_iereb~ Wea^a included in iha nrstE firs$*, c'r~ceika~ti a~xava. F~:t~aupp.e.tL:ent-mil r_ot•e "r urat~ ai}ali hear