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HomeMy WebLinkAbout1763 ~r;( 43 i~u3Bl un<kr (b) of ~>..:r:t~aph 2 prt'\:a!!Ili f.h.~T"l;(,~i'lff.\avt~ 4> liA)' ground rt'fiU, tAHA a.nd ~lI(ld..s and h.>>urance fH'l'W!UrnA{ ilIi the (.u~ !nA)' ~. -'trl\t'h 'H '.,,~ lJIl4.l\ 104'(Jme dUt' i'Bd paYAble, th..n tht- mortgagor ahlli pay 1.(1 tm~ mortjllgf'o;~ ll.:ll}' amount ntxt:{\3.3r y 1(, make up th... (!e/,(INH',), on ur bdore ..tw date whl'lI f>4ym'l:nt of lIuth gnJ\H\d r~n!.4. ta).~. ~ll\entA, 01" InJIUrJlIl(." pf(.rr.iulI\I ahall i.., due, If at &11)' tune the Int,rtgA(CQr 8hAIi l('ndu to the mortg.il~ in ~l'.rdllnr{' with the pl(lvi~il)nll of till.' note t}{~urt'1i.j n!'((.by. full p<\)Tlwnl. ot th~ tnl:r(' ifl,jt'btt?(ln~M reprt'4t"nllXl tiler"h:-, the rnorigal:K' ahi\ll. III ('om. puting thi' IHfFJUnt of Budl Hld(.bt....jn~. rrNlit t,) the account of the murtllcl.gol aU pa)'m,'nt.~ !il1l.!" \lnd"r the provi!!iolll1 of (II) of plu&graph 2 h;:>!....;)f which Ow /iillrlgiljCl>e hu not 1~'I..nw ohllgated t..! p;~y to the FNhHal Hou.m~' ('..)Ip.miM:k'ner llnd ll.l'~y t~li\n{., n:-mainillt{ In t.h~' fund.."lI\(('IHnulllh..:l und..r tht' I'P" ISIOa. (,f (b) (it a-alrtl:tA1 Ajpaph l. If th, r~ Shall r)(! Ii dd "ult undt'r an)' of thl' pro), 1~lonA of th 1& IItor t II r.j.('" to'. suIting in. p'..lbllc tAl.. of tlH' pt~f\ tM\6 ro\ !'rtoQ tH'rl'l,)', llf I f th~' llIortiCl\~t~' Re.~u \rn\ tht, llropn t y ..thH- W\&6 sftt'r tldault. th' mor4t!&<.'~ ah&1I flJJp!y, At the tmH' of the roinmcnrt'rnl'nt ,.f l\tjt'h i'fl)(H..din~~ or It! the t:mc the prol)('fly 11'1 nthNwla(- acqulr"d, th~ hallUiCt' thaI ft'Jl1aiflli.w In lh.~ L.lIIJ,1 IlCClHIlU!itt..,j \lI\<I"f (b) of paragraph 2 pH'<'l....lm~ M Ii rr."itt agalni\t the tulluunl oi \Hincll\l\1 thl'n r"lllalltlllV- 4111';\11\ ll,;dd ti.Lhi Hot.e .!And ahall Dn)i~rly Ad) ust any l\Jlyflwn lli whit' h .hall hi> 'l' ",,,'1) rnil~h' U nda (!l) of MId I'a!il~ r:t ph 4 1'hat he will p~y all tlH.... ~~('t'.'1fJ!,'IIL'I. wtr.ter r"k"',IHH! othH RtJ\'nnrnenlal Of muntCI\ln! (h~rK"". fml'~. (lr l:np,,~itlOn8. {,n which 1'1"\ l!liOll hM !lot l"'('1l JIllllh' IH'f>:'lllilt'fuH'. l\wl ili dd"ul" ";;,,. ....f ~~;" iDe:: k:~'~" mtay l;~Y the 1U'Ulil'; ilP<! thaI, hl' WI!! pi omplly dt'ilvN th' Ilni":I~! 1......t.ll'lA tf\i'fdl'r to tilt' :1 ')rtKA~'.' 5. Thi\t hl~ will p(.nnit. ,.,.tnrnit, or 8UfTl'f Ilh W~'1tt', irnpalnnt'nt, lIf dd,'f\oratlon of 8al'I rrnp,'rt:. o. 1\11)' f.iut t.h,'h")!; !\nd In th~ (Wilt of tilt: fnilur,' of th,' 'll"rt~tl~"1J lo kt'i!p th" bulldll\){s ('11 !'IRlli I'r"n\li\.,~ and thn,..~ t~. t.... en.dhi on ,.Ald I'rl'll\1:'I\''', (If llnprll\"'/l1l'ld._1 l.h('n'{Hl, If! i'-O{hl H'pftll, till: mortj<(,'j{h' !l\!\\ rtl&ke Ilueh ft'paln' a..'\ in it~ dl!H'rdlOl\ :t lIlay d"'/ll liI'r"J.~t). {or the prOflt'r 1'1"!\"lvat\t,n th"I'~'!. and lh;' full amollnt of each and ('\l'ry lIluC'h fk'\)'I1lI'!lt !\hal! t'\' lllilll'xllat.dy dlli> !H,d l'HYR!'!", ani! .shl\li t", ~H'( ur..;j by th.. It"li !If HlIIl mortini~.. 6. ThRt he will pa)' 1\1\ ..nd I{in~(ulllr the ('.~L'!. rh.rj<ea. Illld l''',''''P''A, !Ilclu,illl); l\'it.'I.or,dbl.' If\,>' \.'f.!I :(,(,$, and C.....lltl\ o( !ll.b...trM:tJ! (I( tlth', lI)cllrrixl or Ii,'lill at any tlll...- by no,' /II,'rt;Cf\I<I" t,~,'iHI'" (If t!lf' fxd\JIi' Oil th" part fit triP nlortj(i\i{"f promptly and fu!ly tn p(,r!onn th.' 6~f(~'1lH'fltll Hnd CO\t'I!i\IIt.' I,i I\litd I,ll.;!!!. l!;"',c,ry not", SIll! tllll! mott~l\.g... and ~i\i.l {.<)3ts. ChllllCt'a, and n,I~'WH'.'1 ana!! i.., HUl1l1.,jU\!,'ly tllll' Mnd pay. ALle &n.l ahalll~ ~.'(',H'.J hy th., ild'j oi tr.::\ HHHtfCii~,'. 7. Thl\t he will k.'t,p the ImprO\.etiwnt.'l now ,.',,-(sllnS{ or tWh'sft('r ("r('('h,d 1'1: lh., r...nrt~I!.R''''\ prol;.?rty. ill!!tltt"i ...." InA)' iw' r(..juin..i from till1\' to tl!il" by do.' nil>rtio!a~t"" 1ll(1l1li!\t h,~~ hy ti,..' and l;th\'r h!\lliHh. CajluR]t;..,;, f<nd "illltll:~"m'i"1l In such Rrn()ur;L~ alld filr such 1li'II'.d", a... !llrlY I... n"lu\t.,,j by n';'n;{ii;(...... ~nd \\.'111 pl.y promp!l:;, whl.'l! d'll'. any p~.'ll\illn\!lI'1l !Iud, l!l!llltanU' ('ll pllyrr".'iit "f ",hId, pfil\l"l"r; ha!1 not Iwen mfidt' lli,r"ll\ht'fo!t,. All ln~.\HiUI(T shilil II<' ,:ilrnt',1 II' c"mpall:d. ;l\'prl.,..d t,v !1\"rt)o:"j(". ilnd tlw llO)II,l..... And r<:'!!,'w~l~ th..n't\f IIhr.!! I.., hdd Ity mor!I{:lj{(l(' and Ian,.,. alt;;d:.,l tht'r..t" h.!!!; p.l:.ablt' rll\u.'1t'~ In frtVOf (:f r.n,i :n (nn-" l\~(('i'tl\blp to U~(' mortlZal{'.(' III j,\'oll I.f 1..,>,\ ht' .....111 s;{h.r 1l1l!1,.dlat.' ndlrt' by mull to I:\l)rty,il~(",. find rl1('ltllnj.(.... fliii\ mIlk;, prOt)f of lti3.~ If Hot :n;\lk I'n,mpt!y hy iI10It,,"j{:H. .\\lid (.arh 1:I.~UfiUH't' corn:.any (OIlU'Tn.,.! l~ h.'rchy illlthllnl"l ,.nd d:r.'(!'.! :0 lI1al.... p,,:.rnn,t f!lr S\hh in..~f\ dll'tX"tiy i....l i"'l(lrt~n~~~-: :ii~\~~-'i~;~ ~~f t;~ :n::rtJ.{R~::; ;:~nd trH)rti{z~~t"~_~ J~J!ntiy. f\f.ri thp In!l~lrall(t~ p!"'~""i,,,..t~. (lr Any I..art th"fj>{d. flil\~ hI.' app".-.: hy i1h'1 tj{O'Ij(l't' at ilf< "Iltloil i'ltla'. t,l U..' r.o,hl(tlU!l uf tit., :l,d.Lt, ,!1;f"~ here)y ~(""'Curt'\ or trt tb., r,:~t;to,-at,,}n or ft'palr (;f thp p~l~l~rrty <.Lu:lft){t"(L !!i ~.\'t:nt of (nr,"::,.io:i~lr~. of thl~ l!iOit~ag!; or other tnllll.f,'r of tltlF v) th,' fllorlp(i\;{,...j prtlllt'rty Iii ..:(tllill!ll~hn.,'nt p[ th' 1",1. i,t..,!r:.~~ IH'(UH'<! hereby, Rll f1~ht. t1tli;, and Int( ({'!ll or thr' merillaJ.(l)r In and ~I) 'ill} ;1!;;\lU\i" '.1''':'' JA :;-,,;; ;;; :",," ,hall !,<L~'" to th.. pUrChASi'r or ~"i1ntt-t' ~. Ti.~t th;:. nior1v.ft)(\:t' 013). at any time 1"',,dIIlM R Alii\. \q~'1l thl'l flIvr!i1i1ll", ",\,pl:, tll till' rOt)! t l.;" lni{ )ufl1vbctiO!i th':re-;d fur th.' i\J.IIl{lllitm.~nt of II rr,-,'iVI.'f, iHl'l Au(h ("url ,,!t,d! f"rth\; ;th 'Ii!!,"in! " le".'~'l...('r of th.' pn'mi~('~ C{.y",.,.d h,'n.hy I'll find 1Ii!i;.:ul1\r. llir!u illlt( fill find ~ln~\J!i1r tl;t' ifH'(,rn". l'r"t::-:. ir>Aut'3. I\nd r,'\,.IIU'.,' fr.'tJI \'. h,,'y,('. l!")Uf('. d,'nu'd, .'arh "lid .'\ l't) Ol wh" L. It l.. li'y' ,"qll"S".iy un;\'.! ~to"d, l!l hrrr.by rnnrtl(i\ll...i fL'l ,f ~!)('<lflc1\ily I'd forth "lid dl'.'\~fliwill!l'.h.. Rfl\nUfilt fllld hit'" 1l!l>Jm dllll"'" ht'f;:OT. and !lclch rI'\:t'lh'r ~hilll hnv.' illl ti'w broad and effi1.'tiV.. LlflCtlon!\ ilnd \"'''' .'lll 11\ Iil:~'" i~'. i'ntnj~.t......t by ~ e<)urt to 11 f.":;>I\'.I. And I!luch i\j:Il\.)!P\tl!H'f\t ~hall il't' madl. by /iud, ,..en! iV> an .;.~!:il!t,;j l'(luity and Ii m:1tt~'f I:f ;;1.5'>I\lt.. r!llht to lIAld rnl'rt~Al(..', al".! wltl,:;\ll. f'.("ll'li'," '.Il ~!" n:i'~lU;L\. pf ::';1.1 .....jlliH:y of HI" valu,' ,): tt". prllr"'lt~' n!o!1Kil)!",j O! tl' t!." !,..!v,.n\', III 1:\1\"h,'I;(' of ~;iid n1"llj!,q,('f'r or tL.. d{'!pndllnt.~. find that 5ud, rH;t.~, pro;.:ts. llic..rnt. 11\;\'.1'.0;, I!nd il'\.OH1"~ ~.hHil ;..' ;'1)1'1:,.1 l,~. ...ud, ft', ':\ ,'I ar.ordlng t,) ttw ll.'n l'f thl!l :ni>rt!<t"v'" Bnd lh., Pfi\! tl'.' ..i III!,'h CO!Hl. In Hli' i'''' r;t I,;. i'II~. dd,':l!t (,n tb., part of tlH' In,,rtK<l~llr ill'f"ilnd"l. th.. nlf,rtYl!j.{..r ilS/"....A (,I IH\' to th.' mol !p:al"'" "n d"lll"/,,l a<. ;. 10'.iS;:" lll.d.' monthl" rental for tlll' P!'/Il'!'l'S ,'[I iUll"""! at it'it'll ''1I\lI\i\!l'llt tn Oll,..!\\..:f!/; (1;:, nf tIll' :ll(llrq("t, of th(~ t \....f'lv~, rnonthly n-,'L,llnlt'nt.~ p:iyaid.' Hi tl;~' thitli l~urr~::;~" Y'!'ar piU'-1 lh,. {\, L..al Af!iO~!flt '_If tilt- a!i!iuaJ tS1!:(.'lj iL!l.'\\'!\3i1l(llltl',. wa't.r rat..~. ilnd Ill'lU!ilnc': P,'1Hl',HfH! f'Jr ;lucli Y".lr !It,t (1'\ ,.r..d by nil' ,;("I,....a!d morat dy paYI/H'nus , \.I. Th.; lllOltj{i\j{or furt};,., (:O,,:lliHlln that ~ho\j!d thl'" :noftl!<(i'Vi' ilI".! till: Ill)!'. "'''";1,,,1 j,..:d:y f1':,t:>{' eli!(ibl.> for in!>uranq. ufl,j.'r th., ~~l\tlOnnl Hou1\inv. Act \Oiithll1 3Q ()^~S fr,,,n til. ,lilt.: Iwt,.,! (wnH('!i !It.'it..rnl'lll (if All)' ome..! of thf, r ....ll'ral 1!oul'ing A:lrmliir,!ratIor, or iHll.h'fll,.,1 Hio:' lit oi tht Fe<j.'ral HOU~lnll. ('ommiMiolll'r d!>tl..~l lluh....]llt'llt tn th,. 30 DAY,:) tWh' ir'.rn th'. .Ii,!" of tIll" rnortgaK'" dt'('linill~ t... in<lurf' ili\ld no'" linll thi!! !nottl1.r.,U'. r:'llij{ d,'..rn..~l (',r:dU~i',' pl...:,f of .qvh 11,. l:llllibllity), Hit' rnortI!Ai{1'<: or I,!it hold"f of th~, hot.' way, ilt it.~ op,,,,:. .hdan' r,ll ~ljil1~ ,,~'(ur,-d hn,'b\ lmml.'l11t\t,'ly dut' and pA)'/lbk ll). 11.at (11.' in the ,'Vl."t flf ;sr.y br.'.l\ch of thill mOI1l{.lj{.'..r dda\Jit or: ;:'1 p,ul. lIf tLt. l!11.:1KHX"f. liT it.) In the ('v.'nt that any "! saId .,t/ll.!! of nlon~"j' h"T<,ll. rd,.rrhl !.,. I.,. !:t)t prc>rnpti~ rlnd iullv p.'iI,J wi~h ()u t dNnp.nli or nutlct'. or ((j III tht' t'V"fl t t hat I'{\l~ h awl \,v,. fi th.. Rt! pu ia t lun3. iljl' '~'i:"IUl t.,. ,<>fI'!. t l.m"'. and COH'fli\nL'l of said nl~t"' And thi.! mf,rtv.'tj((;>, iSn, !lol. riu!y, l'nrnptly, lin'! fuli\ p<'rf"ff!,'.'\; th.,! II. ",ti:t'r I'r aLY IHlet-. h'Hlt. the 5a:r1 ;;;;I,H.gnt.- l'\Uln l:i~'litlOn...d ~n i'oiil,l not{. th"!i r"lniUll\nj( unp3ld_ ..... tth int,f'r..~t /'.,~('tl),,'d tn that tim.'. iHld fill ilHtIH'Vl'i 1\('('iHnl h('fph.... ",,,ali h"(l'rnl' d:lt "lid 1'.'1vf\h!,' j'Jlth'....itL or UH'rNI it,'r. at t fit' optl"n of sfllIl rnt)nilR~~. M fll \!y And ~Olll pktd)' Ii," ;( Illl of t h.' lia Id l'umll of rllt ,n"! wl'T.}ori.c:ni.<ilr titlpulilt...d t..lw pi\lf1 on !Iud, dav. l'i/Wthllil1' 1l11\ald nut'. or!11 thll~ lTlnrt~ii~1' '.tl tl:.' el>lilnH,' Iiotwlth&t..lldl';j{; and tiwn,ur...m or th~rt'f\ftl'r. At thf~ optl..n of ~kld tliortj<Al!'i":', wlth('llt rodin' or d"lIlal"! auit at !jl.W Of In f1'Il!lty. enay I..., pr'hY.'<'lJlf,.1 SOi if nli \nOll"'dl H"(\In.d hdt"lJ.,. hr.d llil\tUI..,i priOf tll It!! Hlllt:. t~ti(jn. 11", mottj{ft;{t't' may f()ff'Ck~' !.hl' mortIf.Hl(I'. ..:~ to the fifl;ounl ~" tl.ylaT.d due And p""i\l>!e. i\nd tilt' "al..! pnmj~~'4 ~hl\ll ht' sold to s.&tla!y B'ili pf,y t!t,''!a1llf' tUj{d}wr w,th c(ll'L'l, ("'1p,'nAP!I, ,'.lid RlIowan(t'3 III eM;:> of pa.r.tlfd f<)ft~ll}!l\Ht' of thill 1l.ortg81{('. th~ nlOrtl(lii{..;j pri'!lil!il'~ :'Ihall ift. ""id ~ubJ('d t., tb' ,'.'11- lln;lllii !ti'l1 c: tt'til\ mortl{i!.f{\' for lilt. 3inouIlt of thf' dt.bt !-.rJt tl.!'ll du(' Find uIlP;.:d In aurh filM' ti", pr,' vL~lon!i f;f thi" p.:u4grsph may ~'1;n t,.. IF311"d of lhefeaft"T frt'i!l llm,.. to liml' by the fl)ortf(iI){.... 1 L ThAt lh.~ moHl{8!{Of will !l,IV(' unm"dliil,' nollet' by mad to th.' rnoltgal(;>" I.: !\ny ftift"!'} Mif.'. tn,.c,$!"r, or dIJOIlg"[' of (,W1\,,; ;ship of the pri'mi~:lI. . 12 That no wlli"i>f uf .; IY cow'nar,t nl'H'iro (.f nf Uw nbhiAtiClll ;;",.jf('11 h('f(.br ",j",ll itl nny tiInr tn('H.;.afkr I~ held to Ix: a WltlV,'T of th(ll;:rrn8 hnfi)( or 0f the nute !'(;(;Uf('{\ h...rc:b:i. . I ~~