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HomeMy WebLinkAbout1983~'1_l3l ~'A[.t)t. ttt:E t:t,.t~tr, the. undtc+ST~r,(.t} j't.'rtlix~(e) tt,jlsy t,l sot)~i'tc!tr,.a~.~'r~.Krr ~irak'rcl-t~ cc~~~ly~ S' . ~_?1C;E C''l ~ ; , . ~ t- ~. ~ curjxsrrltian ,7F~snite'cl :-r;d r~i:+tinR under thr lawr+Ett eels'. St.fltE' of t'l.zzl:'i€#>;i ,vr i=riii'r, the juinclG4a) gunl of I`y1Sie 1rt;t1l;utld N'iv~• }}ululreci z;lu# t:~z/1(.~0~ _ - - - - _ _ lk'itart3 (~ ~ 500,00 ), ~ittl irltrre:li frvnl date at ihn rate of ~ l-ve .5t ETree-•yuterrer per eenturn ( 5-l~~ ;~) t'c'r annurll url the unj!,aid tsalnncz~ unfit jwid. T'hE+ eats ;~rtncipa! and interc~lt aha#I ts~ j>r-yat,ie at rite afticr .~#' StzuttlellcTtet-r, M~,rt.g~~lbE.~ 4tm}zsYty, 1:i4() {~e.at I'1~;Ier Str€~et in M' ttltl} , letsr~ a , ot; At at;ch other j;dace xs the h~tder rttny rlraigrlAte in ~vrltins~,~n ltlonih~y lna~altrrlentii of F'art.y-at~~Ft.iz & ul/100-- - - - I?ottnrn (~ 47.b1. ?. rnmrrerlcing on the first day of ,~u~ttet #~ 62 ,And on ttld first may of eHrh mt>nth theyre- l:fte~r unfit the j!rincijixi and inter~at Are fatty j>rsid, rxcept [hlat the final;~krTiellt of [!)E? enllrE' it:dtbt,~nEwlr evid€'ncE~ti hereby, if riot st?c!nrr pai(1, aila;l t,e due lrnd j7tsyable (tn the ('lrst cay (!f July . I~t 2tJt)2 . }f de'itlult }~ rrladt= in the: payrt~ent <?f an} Inst~itmcrtt under this rl'~t+. and if such dE'fault la not matte goad jsriur t~s thr due date ,sf the tlext such in:+talitnexlt. the entire j,rincljsAi altrTl itin{l ac.ru€~ti inert(°15t anal: st ence tx'cc,nle duP And jwyr(blEi witt,Elut nutiE°e At the oj!tion of the h<,}der of thin rlotz. l:riilurt' ti, ext~rriae tits, option stlall Welt cE=nat)tute a wAi:er of fire right lE~ @tert:iae the &~.iYtf! in the e~'(>nt i>f an>• aui>staju~'nt dt•fAUlt. lrt thi= event tsf dE'fAUit in tilt= js;l}•nlpnt o this nt!tt•, anal if the aarle is coltrltiYi is}• 13n Rtti}rne}' t,t law•, the ur;der~i~neti hereb}° agree{a) tt, jsrty alt cr7s~L8 of c~ljE~tiorl, itTCtudinx-A rEaar3rak-le altvrnty's fce_ 4'r~~ntrn~'r,t, protest, anti notice sre het-E*by wria'tad. ~ • \~~3• ~)t_) S} tlYtr tUi3Ci2:nc?Tit:(3r',! .ritaml)6i ~1 _--}l~cl~3'_~~~'~e~s}`__----~ - -~~~~a?-? ....~. of f i xE•d Lo orlgi.nlz: tz+:l'te r3t?cl }letzry T~.4f Ic~r• cancc'1_led. ) ~f_. - .~ul.i;a. _TaylsTr _ _-. (Scnl.,).-- Jtllia ~'tlylor r't.rii nhait du!y, jlmtrtntty, linil furl}' jk'rft,rnT, discharKe, exE}~iltc~, efTEyt, conlc,lt•te, fl:)d c~~ltipl}' ~lth stets at,i:ic• t.y each Hnd e~~ery the siljlttlxti'zlls, stzrt'elTlents, cttndttlun4, anti co.enat)ts of A!lid pr,;mi~:EUr}' ni:te +€nd (jC this mortgHge, then this rnottAr;;{e tlrld rite estrsti' her~'t.y create+j atixli c:?n~se and tx' ri~lli il,riti ~i:id. :end rile mo:tgi<~;,~r furlhE=r r.-e~~i•ltrcnt~s ~~ ftllit,~.g: 1 7°hllt hE= K•itl j+{s}' rile ind4°t1tE't_irless, 11..9 h4~r~•iulset~sre jsni~•itie{I. }'ri~~iicRc• is r(•~('r'i•~'cl t,~ j~~}• the debt in µhnlc, t;r ir! qrt amowlt E'tjutil to une or nl(!re nx,lliht}• jk~ymenis tin ttu= jtrlru'tj,a! t}illtt Hr4• llE'xtf an t)ri th(' n(:ts', (!rl t}it' first dH}' i;f Rn}' itl()Tltii j?rlt!r t~! rTlAturiiy: }'r7l'ldeii, ht,K"QsE•r, tirHt µ'rl~it'n It%,ttC: E` t~ 1[)t('Pit!!,il tts eXi'rCl11" $t!('tl prlt`11('l.'(' 11a given at ieaat thirty (~j~) dH}'s prl,iC til j!Ct•jsH}'tTltili ; An,}. prt)'s ides further, that in th,• E'veJtt the dr'bt is jL~.id in fait pri:lr to rnaturity r(Ild at that tiJtl€~ it iA lnureii undt:r the j!ruvieions c=f tint= ti:atiE!nat II=?unin~ pct, hr wit ji,~y to tht> =r(tirtgagLe Rn adaustt=ii j,rt•ntium chRr~(_ o! one' j1-~r t°er!tur)l (t';-;-) t,f th,' origitlitt j!rillctj,Hi arnotlnt 4hert'of. E'xeejlt that in nn event Rhalt th(~ Rd~u~ic~l j!re'mturri e\iif':i the a~{{rPrtt}-..P lrmt!urt hf prcnlittmciTarrzc-s ~'hiril avtlid itat'4• itc':_•i: j~;pai:te tf tilt= rTt)rt- gA~4: had ci!n:iriu(-,i t~, i;y~ inAUrs-ri until mlaturity'; such j~:~yrTTE~Tt ttz i~ sj!pltE~a t'}• thf rnti<t~as;f~~ uj~!*T its E)t)ilKAtiGrt t(i tit E' t'e(1! rxt IIt!UAlllt{ ('i,rt1n11?tAion['r Utt 9Cr~sunt Of mc,rtgagts lnElliT11TTC(.'. `.~.. That, to Eir(ler Wiest+• full}` ill j•r:_stiti tier g~tlrify t~f this rtlortRa~e, thej mort~ajtt,r, ts>~E'ther w•)th, ®nd I!! ll:idlt'!in tU, itii• Ititjntilii' j=at}filit'rtt~ 71r1dE'r tilt? t£rnlA Etf tilt"• rat,tE.' tiEi!;rt`i# heft=t)y, tin th,• tir~t itR}' Of each nttlnth anti! the sAid n:,t<' is fuliy j>_3id, asst jiffy to the rn(~rttTlTf#eE' the futt!rcinX slams: (El) If th!>t nlt!rtftEEftE' xntl the lwld nc,te rsE~c~Ilr(Y-t h~ret)s aCt lflsur(~:I Utlti'~r til~ pr,i~lalt;?iA E,f thE= *v:atit,nat Iloi;s;r)g r~('t and r:.€} ling R.i the=}' ci~ntinu~ tat t'e cv irll}ur€d, ogle-s.µE'tfttl (-ri;i ttf ihf• ariJlual rttortgxirE> iraurar)cE~ pr: rtliurri far the purj!~~~ (if j,uitinj; til4~ rraartj{a~,:-(= iri fullt#a s~lttt wttiril to di3- CiiArKs• th4• &`ltd rIl"rtljr2fte'<''g (,i!II~(:ltlC!n ell rite i'°Ct}CrBI }i~?tiAlrlj,',' ~.L~Tlinll9AlEirt"r it,r filt,tt t:~{@ 1ri~tlrtiRfE j!ri'itllllnit3 j}11r'?1113nt in the &pjiilifltiti? }!r(iV!$1JI1R C'f ti'1E? ;tiati(,n~t }I`>us[ri~ t'liCt, AS &rilE'rT~eCi, Antl }ZeE?I3- 11itlt'-)s themutldE'r; the rrioriKhj;fC Riiflti, t!n tilt? tt'CiT7Irti1ti0r1 9f 1t5 C)hh~':t)t,rl t~) jltlF' rll(,TtQ>;~<' iT1K'ar- arlre j!r(~tnlurn~, crt•:iit 's=.! tilt at:coualt ('f tilt: mortgagc,r flit j.~yment3 made ur)tier th4~ j)l'„vi9it.nY cif this 41: ~, !'t'tlUn Sti hi%ii the riitir tj{Hj3 k'l', „H,n rlOt t-~L:,:.~riiQ tsklilgatLxi tU j.2:i}' ttJ thv l"'(~"i4'?:Tt +lUr}3iil~' t~~!ft1n:18- L'iVn''G (},) t~ lsilnT e'tjllHi tC! titt? ~tt)111:,1 rE'nta, if an}`, :1C%i due, plilF the j.'tt~rtlltlrrlR tttAt tti'13i n('Yt ire-iU171P d!i!~ i(Ilii p$\'flt,l(-' Un jb'lIC3P$ Elf tltfl lirci other hssr;ni ir.surRtlt2 Cc,~'4?ririj~ thE' r(li)rtjtAgtYi pr,!{~'rt}', j~)U$ ttl%E•9 iitld assc•s.Rnltnt~ rrxt due r>n the me:rtj;lsgE=~ !•~1-ojlertr fart 1~ E'3ilrTllltE'<t t.}" tit4~ nlVrtKSj{r~t) tea: lest Rltni4 r-}rt=rE!i`: j?aid therofor d14'lttf'(i }!~ tlT2 rll;rn'Lr~ Of Ct„tltill! t() E'ilajvsE' tleftsre E,Re lTtt_!ntt, j,ri{t7 tt: the' dAte u'ilen such gr(xlnd r;•rit~, j.5remillrr:lt', iTk7CL'9. ITJld Q,ta~gr:IetitS ss'iti }~'=`':n1TTt: dehn(jt:ent, $i3•~il aunla tE! tse Lipid 1r'y' 1TlorigagE~ ill itURt to jt~Ey e1'.{d ~rt7u:ld eentE, prerttiurci9, Laxe;E, a~n(l sj:rerial A<'~r?s- rtlentr+- (c) ~It jsayrrlelita rrlerlti(tncd in the tu•o j}rE't~E'iiir:~ auixrt-~tiorls E!f t}lia j!ara~r~tit: Hr;,-i alt jlay'- mentn to t,e :slHdE ttnd~r ttae note €t't•urc(i h+•retsy Eh2att tx~ Add~tl ic,~:c•thrr Rnd the aggre~rtte amE~:lnt therF42f ah~tlt i;t? pgid h;; tiiF~ Irsort~ags?r E•i;rh rr!ritiT ir: a ainglE? "ice}°rtif>ni tE> !~~ Aj?a}io:i 1!_ t1:p r?:;~rt-~ gar->i? to ttl2 fo}i=-!l~itlg it(•lll.~ irl Elie c!l~tpr eat fariti: t. j,Temiurrl chzrg~a under tli~ rorattl3.ct oaf ilTetirarcc ~;th rho I•°tkitl"ESI jlvuaing t:~m~ ni iaaic'rlt'r tT. itrauntl rE=ritA, t.r~sE~, 1-,a;menta, fire, Arad (~t}iE?t' i?:c:aArEi i1T~i~rs.rr~ pr~ini;~nTr,; itl. irlt~:rest utt tYtp tlutf: secure-~l ttc'tp~y ; ~r,d iv. e.(TlE,rtiEatitr,T of f)le prilTCipsi t3f mid i~c1t~- r'lrty dr-;tc}enc}~ irl it ~ arit.un! ryf eE.+'h a,d;~r~Attt rilrltitaTt,L' i,r~} ~~-~`nt Shall, unless rriadE~ gtxi(i l;}' t}le nlttrt ~ nr riot tt~ i;14? d,ze (}sie E)f fhr' rlr•~i auetl ~ rti~?.st. C(?T.Btii:ltC Sl' +~}'(-nt of d€•f~,tltt antler this nx~rt- gage~ 'he~Tli;rtga~~ rrll$y r_UitE:~t u "rate chari;E~'~ nest era e-ccF ~:i i~•€1 centit ('a'.+t) for el~r}l d'~tie* ($t) _,f ,t}1 t:~yrltcnt Ili9rE: thaty flfit~t}ti (lft~ da#'!s i~ Arrz',ars t'-~ ,>_uver t?lA E:xirA e?rjxls~ lnvc,tvc~(l ill hlEndling dE:!iraquetlt tt2t33tS, ~. ThAt !f rile t';t~l of tr;~ pAyrnf.'rtia r,n~dE h~ tn~ n'•:17''t(`C~(i1• !!lld~•r (b; i,f pAraa~r~(j:il ~;!rem r::i t.t7 shall @~€`~:'{l t}°s£' 11f7T(Jtlnt of jEa}-nlent-a ~+'tL3tt}` tits ~ ~! ti14 rYl:trt4ti~, fC~l` ~rfitirld rents, t.~?tL'^v ~lld f!~`s~C~I~'-'Yii$ Allis iliHtiCa?e11C£t r3t2:sliilPRA, 1115 tl'i@ L ~.~~! '4:~`ty t~ ~1#i.€i ~3CC#43.4 11Tt3.ri t?£' F£4}r~s'[I [?' ih£ ?iZC•;~r~11~£•a ;>ri 3Ut?~.'Y~t#~tl~ j3ayrne~ta try ~+ made by th+~ nlt~rtg~€ir. ;f, ht-~`e~°pr, t,)TS manf.?)ly ~~A}~~a;erltA rnad~' by the rr.;irig'r ~` , .~