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HomeMy WebLinkAbout1714 . " : '.~;,o' " ~ ....~w :i:-~- __ ill. . _~_:.~~~:~:-::~"~~~~~7~__ ~~..~~..'.~~~~: " At) 1)41) ti cJ f ~ (t -_) ~f G .f \. L~7.'~l}\, ,1:\ \,,('11 ,Ii, th' IWlrH, kg.d IC\1I'_'HClit,lllVl'h. !ili"l:V!i~l(lIb .tt1d dHH1~nH (t'l!hl'. VOI\IIH<l! Y hy .1:.\ of tllt' !),lltICB, or lllvnlunt..IIV by Opt'LlllIHi of lIlt' 1.1\',) oj the 'idllle ,1m! Ih,ll llle t'(:rvcn,1I1ts hercln l-untdillcd Hball hmd ,1nd tIll' bt'ndllH .llld ddv,lllt.lgl..'S InUiT ti) tIlt, rl'SIX'ctlVt' ht'l!:.... Iq.~,ll Il'pn'HI'l1l;ltlVCH, tlliCU'tH)(lt:i .IlHI.IH~:~n~; of the i"'Illt'H held!), ,\ni.! Hd!d ~hrrg.l~or :i, t01 lliel11sdY~'h dnd thcl! lIellb. k~;d ) qH '-'Hl'liLltl\'L'~, mlC~'l':j~llrS ,l!1d ,PdiF,IW, lwn:hv JOIntly amI SC\'l'ldll\ I'I)Vt.'lunt ,Jill! apl'l' Ii! and with tIll.' H lid l\11J1 t~,I~I'C, lt~ Hlil.L'I'~iS('r!' and I ~l:"'iglj~ ~.. '1'"i pl.-i', "~: ~~~,~~~ :~~:~(.~;L.~: ~~;:..: j-.~~':;~~"~r',~~, ~!!~.~~ ~~~~'_'!}_.~~ ~~!~~J !h~. \'.I! lOUt:> and lilllldry BU!il!1 i'I lJ)OIH'Y IHy~\bk by v!nl1l' uf ~ilid prUll\lbsolY note .tlll! of Ihis Jl\(jrtf.il~~'. ("\l'l1 ;1 ill I c\'cry, promptly on the d.a\'H n's~.)ei..'IlV('lv Ilw H .11l\t.' ~l...v!.'r;lll\ b\'CCIJl1l' dllt', 2. To p;i.y ,Ill .Inti !i11it',uL\I tilt' lem, (.I:\t'S, dSR'.'SHil1C!ilS, kV1Cti, Ildllllttlt'S, ()hllg,ltlOIlH <lmj mUllnhr<llll'.'s of t:v.:ry future and kln~ provldl'd to be p,lld hy tlK' I\hng.\gc;lt> in .lf1d by the !:uld lthlL'!HUrl..' of Ix;}oL', cadi (lnd ;,'V\.' IV. wlK'1l dlll..' ;\m! p.lyabk a....-cordl n~', to thc' PIOVl!HOnS of s.lId Indenture ot l.t'<1:H', lx:f{Ht.' they 1>e,'OllW dehnqucnt, Hnd before nny ilHt.'lT8t ,\{{a(:Il1-':; or any p<_'!uity IH ll1UJITeJ amI III the event tlLl1 n.1Y lhelcof IS not pa~d, ScitlHfil'd and d!~d!.lrgt'd, ~jald r.lortgagn' may iit imy time I"IV the ~'<lilH.' nr any IhH{ thercof without wid\'ln~ 0. ,dkctlfl~ allY option, lien. equity, or light u!'t.I{,J or by VI!tuc \)t 1i1l~ M()rq<,;l~~t'. and tht' ful! a!rlUlllii of e,icll ~!IHJ e\'er y SOdl paYlI'l: nt aha 11 be lllHllCtlLHL'ly dlil' .Iihl p.:lY.lhh.' ;\nd '\h;dl b"~'<ir inlerest irc1fll the Jate [hereof until p.t1d ;It the rate of ''IX pt,'r centum IX'l ;ml\um ,ind t\'gt'thel \>..tth Buch liHt.'rL'HI till,1l1 he secured hy the hen of Ilw. ~..1ortg.it:('. :5. To pJ:\ct' ami cont 1I1\IOIWI y keep on lhl' iHIlldll1g8 IH.W; ur Ill' Ie' .i!(('l :)HIJ.lti.'d un '4<lld Lind dl.;,! on .Ill l~qllii:lml'IH and r)(.'lhc1nally coyt'l(:d by {hiE; rnurtg~lf.l'. with <Iii pn.'mluIlH, t!icp:un p..lld III full. flIT lrI<;ur,lnCl' lfl the llsual :.tdlldard poliCY (\)[\11, In a sum approved hy the i\tung:lgee, dnd lornado In~Ura)h~l' in Ihe \J~u.tl Hldmi.nd pol\cy ft)nn, lfl,\ sum .Ipprovcd by Ill..:' ~1(1ngiigL't:, ill such cUIl1i'.Iny or cOmp,JI1IU; .IS the Mong;ll',('e may Illrcct; ,lnd all fin' and lorllddo llIS:1r;lllce pullCies Oil any of hald htnldlngH, any lIltcn:BI tlH:'t'll1 or I~irt Ihereof. ln [he llggrl'gdtt: Num afo! l'l;.lid or In exrt'~ti thereof. ghail contain Ihe u~udi st;llll1.lrd mongdgCl' c!,iU8C or Huch other clauHe ati (he t.,1urlg.lgc(' may IequlI c, making the lOHs under saId POIICH'H, eac}; ,llld every, p~lyahk to S,lld t\~.)rr~agl'l.' as II;'; Intele:~l Illay ap(x'ar ,llill ,it; the rro'/IHIUl1R of saId Ind~'ntlJlT of 1.1.';)Kl' !1M)' pell1Ht and \'i.h~h and ,'very Buch pq!tl-Y Hlnll !:l{.' promptly d:-i~ilgng ,If;'! d(,..lt'iered 10 and held by iHld MDrtgagcc J~ furthcr Hl..'l.Urlty to tUld 1ll0nt~ill!,t' lid)t, and nul less than ten (10) daYB In advance d [ht' Rxplrauon nf edcl: polley', to deliver to sind MortgJtl,c.:, a rl'l1ewal ilwtcuf, together Wlft! J n:celpt for th~' IHl'InIUm of such iCflC\vcd: dnd In the l'Vt.'iH ;1I1Y Bum of money i::,,_'ccjj11L'B p...tYdbil' lImkl such polICY 01 pOlldt.S, bail.! Mon;.;llgl'l' Mhall have ~d! fhe nghtH, pnviiegcti and clalln to ~.Hlch tHHI1S of Innney dB Eihall be gr~!n{l'd (t) rile Mungdgel' hy the provwlDlw of Hald IIl<.k!Hun: of Le;l",e. ;lnd the l'XdUrHOli (If ;HiY chnn of the ~1()n~,a[!()rH thereto; .!nd 111 thl' event Hdld Mort~agorr; 81.,,11 for any n:ilH!!li bll to h't'p the >.UHJ prt:"mHH:~ fiO Ii!SUI'l'd. Ol fin! to dL'llver prumptly allY of H,lld POliCIVH of IHHtnancc to HillLi h1ongagL'c, PI' fail promptly ltl IkiY full allY pi C'llllum thereto., or 10 any rcapen Llii ti) perfunn, dwchdrg,', e.',ccult:, eHcct. ~:limpl('t(', comply with .wd .!bide by [hlH L'OV('!1ant, a any pun hert'of, said t..hrtg;ige(' fIlilY place illld l"lY f or tHl~h ;nSllfiJllce 01 any pan t!l('n:uf without w;!lVlng OJ .dkcUl1rT dny optIon, It!'ll, equity, 01 rigll( uno!..'r or by .: trtllt' nf thiS MmtSl.Hgc, ar~1 the full iHnount of each "nd every such p.<lyn~:nr shall b,' 1I11jJlt'dl~lle'!y-dllc and payable and t'Shall be,,!" lntelc8t from the date !1H:ll~of until paid, at the I,Hl.' of ~ix r~;r ccnt per annuJ1and tCYl.cther ....nth :iuch lllten:'!{ Bil,1l1 lw H('CIHl'd by dt~ hell of thiH mong;!gc -:1 .