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HomeMy WebLinkAbout1075 , . .iI; ~ . - r- 'I.' v . . s,[l,j In!\llrt\l~\" j".'ll\lllIIH. .....~ tL.' \>1.,'\.' fl\..,. ho.', lItJrh ....H.H!\ "'ja\I'I+(,rt~ilt,,ti t.:-' \I... rll..nl{ll",,,,~ ..n ~IlI'!\'~JlIt'II\ pA)-nwfltA tlJ t~ rnn"~ I.)' th,' rn()rtHii~or. If. how'!',"r. 11\1' Ilionthly pa)lIWlll'i /1111,1., by' ~ill' IlllHI':i\g'0r untll'r (b) (If p"r~r..ph 2 I1flx,,'dlnK shall rwt b~ lIutf\t.:i..ot tAl pA)' around r,'oL". tl\H3 an.t a!h'\'AAllit'n~ and \r:~llrRI\Ct' prt'nllUIl\!\, a.'\ tlh' C/i.!'{' mar 1)(', Whl't\ tht> !\llIIH' 8.hl\1l he(ollw du.. Imd pa)alll... thl'll thl" mort~aj{or l!h,,1I pay to tht' ll\(lr(lCll.KI.~ an)' IHI\l1l11\1 lle,-,'.:U!lfY to I1Ulk(, ill' till' de(l('II'IIC}, IJII or lw!..rt. thl: dak whl'1l pa.;'IlWl1t of such Kr1lufll! rt!ntlS. t~'(.'.", A.!'I5I.~'111lI'ntll, 1'1 IiISUfltll(., lJr.'IllIUJn!l ahall l.... du.', If at all} Imw lht! HKlrtll{Agor !lhll!l h'IHh-r to the I1lUrt""Ke., Irl accOl'liAnCt' With tht. prOV!~101l3 of thl' rj(,t.: &('('un"i Iwr.:by. full payrllent nf Ule ('ntll., imld,lt"IIWM ft'prt.a'!lll....1 th,.It'b)'. the murttl>>i\\'" l\hnll ItllUIlI' pullllii( llw Amount of 8u.:h lnd..ht~hlNI,4, l'It",],t to tht. account of lh(, fII0rtll;l.cllr all pA)m"nL'I IllK'lo:- undn thO' prol\I!\IOIU of (ll) of p.arllaraph :l hert-'Qf .....lllch tli<> JIi"rtgtlgl,(' hlU not 1,.,.....Il111(' obllj(lite';\ t., rii\ to tht, ("",.kral lI<l\J:lllijl ConHlll~'\i!)lI('r and any bAltuln> rn1l31!11rl1{ III the fUllli!\ ~('(,u"lulall.t1 llnd:'" th,' 1""\ 1\IUIi!l of (fI> of uld l'>allel,l:rhph~, If tht'!t. slH~lI he A ddault un.Jt'r an)' of Ult' prO\leIOP,", of ll1l5 nWI t)i.till'. rt'- l'l\llllniC III A public 65.1.. of th.. prf'Jill!k"'A (ov','H"l ht'h'h)', t.r If the lilort~I\j('~' 3cqun.'_'\ the l,p'Il1.'rt} othu, WIIk' tlfter tkflilllt, tilt' IlllHtKIlKN' ~hall apply, Ilt th,'linw of UlI' \,(l!lHlit'lIl't'!n...nl o( !\uch Vft...'.,,,lIl1f.:"o: at tht' lmw tht' JH\'II~rty 18 othnwisc ",.IUll'.,....;\. tlll' balll.llc.' tht'n rl'fTlainlllg III till' fUlld:! arCtJlli\ilL\lt-d und'.'f It.) of parlAKT3l'h 2 pr,'n.'~Lllg M 1\ crl:'\l1l AKatn,t til(l n.mount of prinCIpal thl'll rO!Hilnllljt ullpald und"r salll not~ And shall properly Adjust all)' pAyrm'oIA .....hlch &hall han' l",,'n made undH (il) oi /laid pM,lipnph ,1. Thl\t he wll! p~y alltA'(.,!, i,M('Mrn..ntA. watn riltt'll. und othf'r gfl\'f'rrmll'!\tai or mUIHI :pa! dl~Hll"5. fine-so or nllp.o..'litlOlIlI, for .....llIdl P!O\'i!lIOIl hM not t...'t'n mad!' II\,rt'lnlwiofl'. IHHlln default tll('r.,o( th.' morl. gl\j("I' nH\)' pay the /lame: iwd that he .....1I1 prorllptly dl'll\'t'r the ofliCl<\1 r"':"lpt.~ th('f(.fllf to the rrnrt~{ii~"\' [l, That h., will pt.'rIl1it, (Omnllt. or ~ufh'r 110 .....Mt." impalr/Ill'nt, or dl'tf'rlOratlOll of ~a:d "rupt.rt) UI allY part thl.rt'(lf; allll In th.' ('\'('lIt of tile failure of th~ lliorltirigur t.o ...'t'I' till' bul!dlllgts oil !'-..III pl..rllltl"3 And !ho....~. tl,' 1>(' eft't:t<-.\ on [\1\ld pn'HlI.&eti, or l!npn1\,'rlltlll.a there<HI, Iii iil.>tlt.1 r.'\.Hllr. the Jllort~"~I.t' mil, makl' !iuch rl'~"lrll.2.'1111 iUs dll\crl'tlon It may d'.'('m Ii..n'~ary for tht' pr(l~>\'r l>ro.:'~,':f\'at!On thl'l''<if. Rlld tht' {ull amoullt of i'ACh allll ..\.'ry 8uch \..a.ymenll'.hillll.... IrnmL."tlatdy (iue alld piiyahll'. allill'.!,al! b.: 1\\'<,uI,,1 b)' tb' ill'l1 of thl!! :nortgAl("T ti Thi\~ hi' will PHY all and !llll~ulilr th.. co,\(.;'\, Char){I'I,. fllld I'Xp,rll!\"!I, Illd\ldlllg f('l\I\Ollidd.' 1;1\\ \'.-r'~ fl'<:1\. I\l\d (o.~t-~ of ab,'\tl ach (If tIt!.', In('unl'~l or paid at I\IlY tlllll' by th.. n;ortl{iil{l'(' b~allM' l'f U'l' fadl!!" un thl' part of thl' rnnrtll.ill{ilr I'fl!fnptly "lid fully to pt.r(IInn ltIP ilj{n,,'rn.'nt.'1 IInd ('O\'t'Il/tnt., of !lilld pftllll' i~~or)' not.' and thll\ l1lorll!iI~t', and 8ald (C>c1t.3. rhl\rgt>:1l, llnd ('XP>!.'I\!H'!l sllH!l ht' lnHII,'di/ltd... <!Ul' alld pay. i\.h!(' and !l1l/\1I be IW<'Ufi'ii by th.' 11'.'0 of UlI!! mortl!&llt' 7, ThAt tH' wdl x('('p titl' irnpro\'t:rL"IIL'l now tXi!llllll{ or hl'r,'a(lt>f er.'1.t...d"'lI tht' flIurtgllj.i...d propi'It\. inl\\ln..1 M lIil\)' I~' r''''llllr;..i frorH tlnll' to IlIlH' by tht' rn()rtl![;)~{t"t' agalll1\1 !I~~,~ by Ill,,, al,d flthft' h'i/:<rd". C<L'I\laltlt':<. and (onllnl{t'neld~ III surh amount" ilnd for Iluch p,'rlo.h WI fIHi~' I". r....lllHl'o! by illol t;.:.'I{"I'. and WIll r."y prnml.t1)'. whl'll dUt'. <ill)' pr..'IllIUntll on AIlIll 11l1'lUrarlCt. for I'H)/lil'r.t or which pr..\ 1~I"n 1"1'1 not I;{....II mnd.:> h..rl'lnht.(..a.. AI! In8ur"nre ghall i",. ('aTllt',d III (dTlI'ar\I\'~ :\ppfu\ni by n;..,n){n)("" tlntl tilt> pol:el''.'' and Tt.IW.... al!' th!'ff'of !\hall Iw h(,I;\ hy mortjot,.g..... alld IlIn.' xHat ht,d thH..t., In;>.,., 1'.1\ abJ.' r1a\I_",-!I In f,,\ or of and III I,.rm !tcc,'ptRbl(' to tllf' rnortgill{"", In ('Vt'Ii' of 11>'\" hI' will j{;\'f' inHllldlatf' nO!,lr" by fIlall to lllort)!:ilKt"", fllld n\Ortl(il~<'e may IIlSK.> proof of IUM If not Iliad,' pn..n1l,tly by mtlll~al-{or, l\.nd ('acb InJ'IUriinCt' ClIlllJI,IIiY COIl<. "'fllt"l IS hefd,)' I1l1thorll.'d alili dll.'n~'d III make PflYIlH'llt fOf su.::h 10>1!l dlff'{'!iy to fl\orllo(i(I{I<t.' llit,tl'ild o( t/l ml..lTt~l\l{'H and rllonp:I!){<'~ JIlllltlr. HII.! tlil' HI..lIral1.... Pfl>lt"'lh, or ailY I>.<itt tllt'r..~)f, may.be 1\1'1'1" ,\ by (l!ortgai(t'i' [\tlt" option l'lthei' to tilt' r..dllcll('li /)f th.., llilkbtn\llt'~'1 lil'lL'Y M"<ur..d or to till' Tt'iloratloll or rrl'l\lr of Uti' propt'rtr dalJ\l\~ni. Iii "\ t'nt of fl'ro'i.'IO~lI11' lJf tillS mnrtl{lll{l' or othp[ trRllilf.'r of lIlh' III thp mon~i\g.'(i plu)'wrty In {'xtll!K\lI~h01"111 (I( tl\l' lfIl)"L(i'dr\l';'\~ lli"C\JfC,<1 hN"by, all tight. tltlt'. find Hlkreal of thp rnortW8.gllr III alld to JiIlY H\1I11ri\lICe polICH'S thpll III (orc.' !Ihll.l! Jld.'l~ tll tilt' pllHha....er or iCrant~>e H That thl: morlp{RjI{('t' mAy. at any tllllt' p..ndlllj{ a ~Ult upon thi!l mori\lilK". Hppl~' to th.' court hi\\'. IIll( JL!f1I\,licllOIl th.'f.o( (or tlil' app<l!lItIllNlt of l\ f.,\'I'I\ .'f. 1\I;d !luch c"url ~hilll fto! thwlth apP'''lnt ;; tl,(:,'I'-l'r of tlte pn'OlI1\I'!I c(I\t'Yt'<.1 hen:!!)' i\Jlllllr1 811ll{ulitr, IficJudll:g all und lIlnKul.lr !tit' IrIcorn,'. prohts, IMu..a, Ilnd re\'t'OU('ft fp'm whalt'\'.~r wurc(' dl.'fl\'ed, u\ch and p\f'ry uf whiCh. It !){'Illjo{ l'XIH.,~.~I)' under- ~tl~,d. If< lll'rdJY morti!ill{t:il M If 31'(,{,lfICally ~f'l forth and d{'~crll.....d in thl' !{~i\Ilt;llj( illld hal,,'rHlum drHJ!lt'.\ h1'rt...,f, Hod 1I11ch rt't'('I\t'r !ihall haH' all the bro,,<, d Slid dh'dl\l' functlllll!\ itnd pOW.'(;\ Iii an)WI!lI' I'nt/usl',) I>y i\ court te> n Tt".'..I\('f. and !\1Jch appo:ntnH'nt !\hall I... mll'j,- II)' !'ouch (IIt1rt iI...~ Ml adrnltt''11 t'<lulty and a matter o{ at.!lolut., n~ht to !laid rrlilrtR'Rj{"'" and wilhout rt'f.,rt'nu' tll thl' ,,,h-<iuan' 11, lIlild, t'llI,,(\' of tlw \'i\IlH' of th.' pr"lwrty nwrt)o(il;(,..1 or In th.,' IIlJ!\'t'IlCY /.'f In!inht'IH')' I.f s,w! lI)(.rtl{lig"r "I tlip def"l\dar,t'\, lUlll thflt 1'I\lch rl'IlI.~. \lr,)flt~, IIIC"Iln". 1!\J\\iF:\. and n'H'fllH'5 !\hall I", appl1!'" by ~\.l(h I;-("I\(,f according to ttw 11('1\ l.f thi~ mf\rliili~(' and the prgctl..., u! !luch court. In the i:'_Plll of all)' d..fault Oil till' part of t!lP rnort;':f\jli..r hl'tI'lIlld.'r, tI\(. TIliJrtSllll{Or ?KIl't'S tll Pi\\' t.l th,.. !1l',rt~alo(l"" "Il dt'l1lariti <1'\ ;\ r,'i\,"Oi1- abl.' monlhly r,'r,ti.1 for th.' pr.'ml.'\t.~ ilIl arnount at lea3t l'qulvaknt to nrw,t....t.!ith 1111) of thl' ",O(ll'jl"t(. of th" IWt'h(, f1wnthly lII<.t,tllnll'llts payabli' III the thi'l\ .'unent yel" phH! Itw ihtuallWlOullt of It..... !lnnlla! t..'\XFil, M.~...,,-'1m{,Iit"'. v. i\t~'f ratt"s, find HlftUraIlC(' prt'nlliHll!! fOf IlIlch }'f'ar not covt'r,'! by lh... Hf"r('!iRld monthly paYlw'nUl, (. ~ ~I Tilt' III'.rl~ag"l fulti",: (0\,'n.1I11.'! Ihi\t ,~l:"\Jld thl!! ITI<'lt~di{" alld th.' 11"\" .....(lIIt,.1 h..'rtii)' IlHt I,,,, ..tWit,!., f.., 1I1~IJnU'\i' I1ndI'J Uw :-; aLolla! HlIU"'Il~ Ad w:thlll fll'Tn th" olut., he!!'o!' 1 \\ntkll ,~t;lt'!)li'lll "i an:. dtlc,', ..f tit., h'dnal llOU!\IIlj.( Adml!lhtrlit:oll or lilJthorll.d IlK;.!,t III th.' \-,,,,J,-r;;l IIf,u'III1Jo( I, ",dlllnlii-SIUIi.T dat..d slIL)i.>'ljlWlit to Ilit' tlnlt' fn'rrl th.' .!at. .,f thiS 1Il"1 t~Ht-:.,. d'''!lnll\~ to 1Il~1I1" 1'>Hld !l(,t., And tllll\ rnnrl~aK". b.'I!ljo{ dn'IIl,'i1 ('Oll( lll:'ll\., pI.y,f ,.f SUI II 1(1' l.llj,f,lJdll)". tlll' :n')l :iril.!IT or th" holdd of tht' Iifll,' In:l\, Jit I!b uptlUll. dd:IiU" all sum!!' !l~~':IJr..,1 h'.'ld.) 'llH'lt'dla\..I~ .lIlt. J!!ld pa;"illd.' jil, 'I1..i: (11) Iii tllO' ,.\t'll! ,,( iHI)' tlll'illh (If tlil" rno/tl{i1)o(" "I d.,Lwlt "1\ tho' I"II-t..i th,' ffl"li;,('\loCOI, "' (/, I ,;, th,' "','II! that llll\' o( :tali! "unl-~ of mOil")' hi'II'lIl fl.fpfI,'d to lw n"l pr!lmptly lilld full\' Vild With, "'lilt d.llHll1d ..I Illi{H." lit ((", III tlll' t'\Tllt tLilt .'sell lind .,\.'1)' lh.- t.tip!l!a!I"lilS. ilj.pl't'nll'!IL~, {:onr!lt:iln5. "n,! ("\1 :.,1111.:1 of ..,dlo1 !In\t- lill>! thi:>; Illultj{[\!{". !H., not duly. plolIJptl\,. nn.! flilk ,,,,rkrnlt'd; then in .:thl'l III all) 1\\i1 h .\.'Ii:. tl.l' !'>l.ild H~p:lq,al" i-Unl llllllt\l.nf'tl ii' ft,;1l<1 n"tt' liit.'ll IdlllllHlnj.; !Jlipillll. wIlh lI.t"I.,,: it( rr llnl tll that ::0.... alid 1\11 OWlH') 1\ B....'ur...1 h.,ft'b:,-, "hall L..'CullW du... .!llll l,aYdhh- ffl/thwlUI, l,r tl...r .'aft,'I, at 1/..' "1':,1)1\ ..f AAld nl"rtl{I!~,'i.', itS fully ;;wl, OBlI,Jo.kly l\.'1 I( an..i lh.. Mid i\\lI1\," of IIwrw)' \', t'll' "i ).:Io;dl:-- ~tlpulatt..\ll<) l)t. pitlll '-'II ~lli:h da:>. all) thll\~ ii, ;'dl!d Iinl.' iii !II thil'i nllJrtgav,., to lb' ("litr,,!) _ llllt.\'lt!!stilll'!ilil{ ;'Ulid 1Ill'1 l'UI,(l1l III' t}"'I~'aftl.r, lit U:t'lIpll(lJj "f &tllll lHOnj{.al-{l:I,'. wltiwUt Bd\e.' or d...rll1tlld. "till "', J.\\\' ,if 1:1 t"'l'-lit:.. IIl.!Y t~, (l'.".....nllul ii..~ If nil mOIl"Y!! !kUII ._,d Iwro:by Ii",t lllf1t,u,'d pr 1111 lo ItA ill~tl' tUtiflll TIll' rllort!{Hl(.", m!\\' ffJr."bM' till" mortl(I\j(I'. n'l tll tlil' amount ~o d,'~:lltrl d dl!!' an.! Pii) abl,-, and Ih., !'WIld l'lI'1l1I!-;'"" l'\hrtli Iw !l.old to ~l-\t\~fy alld pilV ih." f'.iH.1I' t.,){dlli>r wltn {'O'lt,,,, f'\\H'nf!."3. 11fI>l i111ll\'l1n(t.~ In 'il.'1" "f partlRl flll''\ ".qp., of Oil!! rnorlg<'l(i', !iii' rnortv.agld prNil!IWl\ !lliall I,.. 1\011\ !lub),'(.! t.. Ih.. COil. tl!i\lln~ h!'/l of t11!!\ fllllrtj.!i\loC" for tb.. BIIl/iunt of tlw ,!.-hl nl!! H;rn d,II' and unpaid IlllWl'h CdH' till' PI''' \ 1;;llIn., I.i thl!' p.arlls;,~ph IIIAY lll{lil/l j};, i\\'allnl (,( tilt'. diCkr froill tlnH' I.. tall" It\' th,' l.,"rtvtl){\...'. ! I Thr\t Ow rnl)l't~a~llr WIll ill\'!' Illlrl1t't1lat... notlCt. by mill! lo thi' lIIortjo{,''!lt'1' of an.... 101"'1'.\,<111\', t i idl'llpl'. or (hAnlC~" flf oWIl('r!lhl)l .If th, ptlTnIM'~ I:.! '[ hal II" YoBI...'r uf UIl)' (/l\Pl1illll rwr't!tn "f of thf' l,h!l~l\ti..n llt"CI.Il~..i hl'n.t>) ...dlitii ,.~ lHl\' t:!Itr tLi'l\'afh'r 1,,- iwld l.' !>{' r. \\i\I\f>r of llw term"- i!"fl<>U( nr of tIll' !}ut~ ~iH)'d bp!,.,,,}' ----~-----