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HomeMy WebLinkAbout0735 u.ndu (h) of ~...,..ph 2 pr~A& ahaD<\~,' neta. \U!a'" .....IlHlfllt and irlAUr1M~iT p:tM111Unto .... Uw eA.M ~ ~.' ~ - aad ....,....., t.b.:n th~ :tlort/PC'01' .wI pay t.) tb<<:o ~ &nJ' ~t lWKl un1 ~..... up u.. deAc,iIDq. GI\ Qt' belen th.t dav- ..ll4m pe.ymtnt of ~ ~ rt'IGt.&" t.ua. ".nlleMlltli. OJ' ~ ~.. *it bit dM, If al any ~ tlw: SDO~ tlh&B ~to the _-,. ... in ~ 'IriU\ 1M ~ of Uw -- ~:urtid h~. toJ) ~t of toM tIIM.,.. ~MIII "'" ",.,W ....,.1iM "'-7r.h&H. in ~ putin.c th~ ~t ul aDLi\ ~ CftIltit to .. aoooa.t 01 ... ......... all ~. ~ 'llD4<<t t~w pro\.Ul4.t'~ of (11) o~ ~ 2 ~ widell the mc,,~ laM not bet.caw, - \<0 ~.r ~ tIN hdenl H~ ~ ucla, ~ ~ ta.aa aecumilla.tad uaa. ~ Pf'O\'WQat \'f (.) of Mid ~ fL If l.MI'e lIND be ..... U7 et 11M ~ of uu. mt~ ,. "ltbna in.. pubbe" of u... ~ co.'" bctbJ, Oi' it ttM _'...- M'JIItliret thft Pf\lPtrty~, wiae atbn' cWault. ~ mo~ IMD ~, at tbltUm.otU..~~-I.UlDMt.otMldl pf"O('~~crat U\~ Urwt. Uw=vro y Ul ~,...._ ....i.rtel. UM ~ t.lMD~' in tM r.- tl(;!t1IftlulaUd l.inGer {b} of pu I 2 pn.><etli. Jill . cnd.tt ._ U. ~t ol taM fWINl.lc1ntr unp.aitJ und(!f Mid llQte..... &haJ1 properly :JjU8t uy pa,ymeata..hieh eh&U ban ma4e ~ (4) of uid paraaraph. -t. Tbat!l<!! will pAy..U tAu... _1 v...ta.....w- ra-. ud othr l'O~taJ QT MU1lkipo;l! d\&rpi, th1~, Qr iroJl(llIitioM, foT' which ~ bas not beect made heroiabetore, aDd in dIrfuk thenJof t.he !I1Ort.. f&Mi!'e m.)" ~y theaArn't'!; and that M.w ~pt1y dtiiver ~ o6:ial ~pQ tJ:wroefar to the n:M~. 5. Th.t he will 'PiJ'nnit. C'OI1:UI1tt., 01"....1)0..... Ua~t. or detet'ionWoD 01 Mid p~rtJ or any part th8r<<\!; &Ad in the f!'\'Ct at. dM failure r.4 the mortpCor w keep the !::t\1i~np 00 saki prMli.Nlt wd tilt'*' to ~ e~ on Mid 1jII'-"--" .. tmprovem<<nta t.bcnac. *r. auvd J"4IPl'if. tho mo~ mAl)' mak~ such npain.. in iu d*,~Wn ttM&Y d$em Df'(t_.". for the ~ pNJIMrvatiot1 therfllO-t. and theE! full &nHlunt of e,adl and ever)' .- ,.,JDeOt ~.all be j~ due and ~abl.. ~ shall be &e!:'ur(\'(l by the lit'n of L~i, mo~"" ' 'J ' 6_ That h., vnli iJ-y all aftId ....l&r. C\1t.ta, C'-~ aed upeI\Ht. ineNdin. t'\tiI~.blf! l.awyvr'~ ft"'~,' and t"QIta of lil.-tradA of uu., ~rntd 01' paid lit any U",,* b)' u,. mo, ~, ' . becaUM of th4!\ f.Iilurt' on Ul~ part of th~ mortpa'or prom~ and tuUl' to perlonn w ~bI a.nd f:(.lV~" of uid prom~ iM<1FY note and tht. MO~. ud Mid .COlItt. eh......, and GpeMfilII th.all be ~iaieiy d~ and pay- ab~ And a.b&11 ~ /ilKunc! by the u.n of tlUII mona.... 7, ThAt h~ .iIl k~ the im~t. r.ow niauac Of' ~ tne\ed 00 th* rn~ p~. irlJ!uMI<I M ~ bto requirflld from tim. to t!nw by the ~ ,.pinat 10M by fiN. cd otMT h&.Ur'd&, euualti.. a.nd euntingend.... in sudl ~n'U and for aucll ~ iii may bit' required br roo~. and wiU pay promptly, wh.n due, any pnmium.t on wch hwunnce tor p&..YJ!'Nml of which ,Pf'Ovi&ion hu not ~n ma.ie h~re\n~fo"'. AU inauraD<"e .hall be carried in oompaniel .~)vll!d by mQrt~ and th~ poUeitll and rt'fiewala thetf'O! ah&ll ~ held b)' mo~ and ban attach<<j ttw~, }.)N payablCl ('J.~ !I\ fi\\'Ot' of and in form ~~ to the in~. In ~t of loa ht' wiU !iVf imin~t. floth~e bf mail to rnort~. and rno~ may rr~ pn.'lOf rtll<* if not tnad@ ~pt1y by mo7't~t, and t'J\ch IMutan{:~ COffi;><<ny (~me.rn<<1 1. herrl:lY "uthori:t.<<1 and diTt'lct<<! to l"Il&k;r payment for .uch 10M dirM\iY, to fn(lrtgal" in4w.ad Qr tc mor+..p.aorand mo~ joinOy, aM trw insQ~ P~,' or any part ~~reQr, may be Ilppht'd by mo"-,ape at ita option eft.Mr to Uw ndl.lCtion of the irv:kbtednesa hereby ~llred Gf tJ::l tilt'> rtitJt''Jratioo or ~it of the pt'VPerty damapd. 10 event of fo~loaure (If thLJ mortp<<~ or othel' trana!fJ!" of title ta t.be mo~ f)fnpnty in o;tjAI'Ui..,lun~nt ot the mdebtt;odl"~ &eCuno h~rcl.>)'. &1\ J'~t, titlt,. and lutereet n.( the nwrt,p,roR" iu and to MY inaurancc pvlide>l t.nt'ti in f{)rc~ AhAH PAM to the pure.r.-...er o.f gnnt.ee. 8. That the morl$'~ nul)", at any ~illl'e pen.dia, . r;yit >ipoo lhia JlW)~ *wb' to tile ~rt h.a". iog juri.tdiction U-.~N.'Of for lh~ apppintrf'Hmt o! " r~_y'tr. and wcl1 c:oort ahall tQfthwith appoint A re(:dv~r Qr the prem~ CO\'@YM ~:r all and ainguiar. includinc &II u,d .inpln L~i' inl"!Otnt'. proflt.. iuue2:, and ~\'{'nueili from wh..t~r JJOO~ dmved, GlKh a.nrl (OVttfy of whkh, it being np,...iy under. 8t(xld, ~ hefMY n',oTtpgt'd u If ~iftelU, Mt forth ud d~bed In ~ f!!'antinl ud ~um cl.~ hereof, And such r~iver ahAlI hn~ an t.M bnllld and etfertin hncUoos and po'Wt'n in .nyw~ I'nlnaVxl by a court to a ~lver. and sud1 .p~itrttntmt "11 M madfs by such eow.rtu an &dmitttXl tiiuity ai'!d a tn!lltwr ot .l)@ohlt~ ri,nt to uld m9"-AP, and withoot rd~r.;(:f;' t.c. ~ ~iJ..q' or in8ii. ('(!ua.cy of lh~ \'ah~ of the proper-t.)' mQrtiqed or to the &!)lvfficr or in.jolvellcy of 9Aid nwrti'ag>.it (lr tht d~fend.ntJ., fwd that lllJch nmu, Pf'0fttl" ln~Q(W!. _~. ~ nvt'llU'el 5iul11 f~ A.f>p!i~ by 8u{'h f1?(:t'i>'~l" aooord',;n, w tht',li~fi of this ml)rlgqe and th. practk. of l\Kh ('QUl"t. In t:h1; !!\'~t at any ddaultNlilie J-l4lr1. of the mOr1CSi'OT hel'fl,lnaer. Ow mQrll'&IW ..~ to P'&y t(J tM ~ on ~ M . t\?.....:m. able monthly r~ntAl for th(' Pf1m'l\~ an Mioun.t at ISlUt equivalent to ~tw.,1fth {~l f) ('If th~ aqnpv; of the ~wel\'t1 nwnthly inAl>illml'nt.3 payttble ill U'.e then ClJrnnt year plu1! the r.ctual lUhntmt of th(' .nr.uai tuea ~ent.5, wat~r ratee. And in-lUranr;6 p~mitWa for iucll j't'iar no1 ('r)VH~ by the atoreuid month!}' p&ym~ntA, 9. The moniaavr furth, (j!r ('owr~l\ti th~t 8houid this mori&m.te.i. th~ nof.e t;OCur(:11 ht'rdi}' not f..~ E!iai.bl~ for irUlurance undN' thiJ NationA! HOUii~ Ad ~ithin JO .~~ f~ t~.. dat~ h"l"~t (wnt~n at..t~fr}t'f)t d iUW <..ftke:r c,)j the F~n.. Houai~ AdminiltratMm or fluthOf't&OO ~nt cf tlw; Foou&l HOWlif.l&', Commllak.f}+J?' ~'t.aW aub6eq~t to th~ 30 DAYI t~m~fNrn th~ d.t~ of t~l~ m()rt~. dedtnwg' tJ) tl\!JUNi u!d no~ fmd thIS m(l~, ~in. ~mf>d iA)nCl~lVt; proo( of llud'i In. eligibility), the m(lrtg~ ur thtt bolder ,.1 the note may, at ita ~orl, doclu(l toil Wll'd M<:ured h~!~' lmmed~ly d~ And V6yabla lD. Thg,t. (a) If! iht? ~.~t ,of .Ill'!J br~h of t.hi<< !'fH)rtt'~. !!r,ddA~~ ern tiw p.art of tht> tl;,\}l't~'0r! or (b) In the event thl4t any of ..id Aum.a of' m~y h.reHi i"f!!~ to b!l not ~~jd" lU\d iu!;)' f*ul WI!},- out demAnd (If notk"@, or (c) In Ul$ fJ'Y1nft t.Mt ~h and ri&ry tM .ii'Pu!W~. ~i:4. ~:iiti~, And ct)\"'@nanu (.It uid not;:, and U1Ur tt'~, i.re ~ duty, p~ptlt, ~ ,"uUy prrl~; ~~lr, ~H.htrr or Iiuj' $w;h ()V~'ht> the ~d ~~t~ ~ti.'"t, rne:6ti~ in &IDa ~ th~ ~ainL1lg Uliipatd. W~tJi Ink;rt5t ..ttnMd to th~t Ume, ann all f!ir:',,*Yll ~i.i:r~1 r~r~by; .hii1Jl ~lf!:'lf! d~ I~J''lt! ~j,;thl(' f\'jrttllo~tU;, or th~fUt.f. /At th~ .)p-thH\ r;;,{ !!aid ~~, N h Hy aM eamp~:r " if .f! (';{ t.hf: pid If"Hns l)! ~; wf\H'l.i:iri~n&I;Y .tJpu!A~V-,h.~ paW on lttdi day, ltftJ'tnin_ hi u..~ ~ m- fn tbi$ ~,l:) the l:'fmman notw~tMW>du"...; l+.nd Ut,@TflIp.;--'n M ~~'f, at th(',~ '.'d_j4'hnO'f~, ~ ~~~I::'t'~. auit at law or in foq,~jty, m&,Y !~ pf'(~ sa it bli m~1l! ~M M~1 h,a.d ft'-.MQr'$'! prInt w. itlf tMt!, tuUoo. 'l'bs ~~ may t1)!'eC~ Ut, '~'tn<ttt~," .. tii~~tfG,~,,' ," .. u:d ',' ,1mI!1 the uld p~~~ lC^Il.H.~ ~ U; ~W', ' '1 imdPAY, tift} tl ~ ~''!~.... ~,,' ~. . , aJ~, In tU0 of p;tnai fi.}rf<~ cd thi# ~! t:.h. ~ ~~ Md bs- twW -~ 'W thfi '~ Urming Ii~t (.1f ttI~ m.v~ !t)f" t~ ~t ill * ~..Jt __ .. tAd~" I~ we. ~ ~ ~ ..ialows of thil pli.riiICTt\pht'lu\~ ~1i h. ~",-anHr4 th~ fl'OIrl tlm" to ~ by th* 1m1~", , n. T~t t~ mt)~, ,,~lM f>"'ti ~ ~~ by ~ w thI: ~~ t'Jl c.ny rot>Vi~. iriUt!l('t, or ('~ ci (JW~ali~ co the ~.., 12, That no .,,~h~ Qif ~r ~~t ~ ~ irl tbQ ~~, ~ ~ ~ at ~. ~ th~n:~ter l..e h:M tf,i b\: . wdltff ut th~ ~ t~{ (}!f fJl the ~'~~. ' '-" """-:~,:,.~-":c-.~-