HomeMy WebLinkAbout1830
:f
\.
A '1 1 r "
f i ~_ , It t L \)~)
<i#
o i
l.J. ". .
IU\.I Wl\'ln\Jli:?' I'P'PlltlII\S, 1\." tilt' ri\o.'<{' H\~Y bt., l'u(1l ,'xu-!\., ,dli.l1 l~.: cr....il!".\ :,y Ih.. nl.,!tjo(lll{"t. "ll !lub"~"l\.w'nt
r.a>lI":III.4 to b~ Illl!.di.: tl)' ttlt. mut tilli~lJr. If, h,-I--'CVt.r, lb' nWllthl)' pa)'",.:nta rn!ld.: by the .mH't.i~Ylr
und,'r (lJ) of p4fAiraph 2 pH'oeeding 6hall Ii.A bf! lIluffldl'nt to V-Y S-('''1Ild l\'ntA, ~~H. anti .f!.M'l~mP.nU
Ill\.\ \IIAllr.\llre plt.'IllIUll\b. M th~ (~ may ~, vdwn lh~ u.l1'le wAH U-t'C(t;lit' 1iut' and Il/l)'~bt.~. thi'n th,'
flHjrtllj\~(lr al:llll pJ!.y t(l Iii!! mortll11i(l't' "'flY lUllount n(O(f'.uary t'l make lip tilt' ,h'lkler.q'. lill (It hd"rt- lht!
clal.' \\ LI'I1 payment of !uch IFVtllld rNtls. tA1.M. &iII\~'l6.'Unent.a. or. iflAUllOlU'c pr~I1l!um.A ahllU 00 dUI~. It
At M\j \':/11" th~ mur..i~vt .hal! tender t(. th(' mMt~~\..~ III IltXordancc with th~ prOVi&IOIHI M Ih~ nul,'
h">('ured het~b)". full p5l)mt'ot (,f lhl\ toFti!\' indl'bV.,liH'8-5 ...q'H'~-::nt~1 UU';t(.by. thr. mortg~it"~'lIhliJ\,:n CulJ\-
\l\ltlll~ the Amount (.{ lIu.~h ind('bteo.~n('I8A, (r\,ht to th.. iiuo!ml of t}~t ll1otlg~t(or 3.11 pa~rl!~'nh ma;J~ tJlI,j~r
tht' pru....Aion~ of ((1) of p4rligrapil 2 h;>rt>(,( which the tnQrtgt\f{\":' tlM !lot lw.'{,mH~ obhaate.cl to pi\y to thl"
}-'",.d('rlli ll<)u~il;iC Comm!~i('ll~r and any loa-Ianet' n'mAinint(lO the ftin{~3 l\'.'cuJnu.LO\t<<1 tlll\.I\'r Uw pnl\I~I('II~
o( (b) of !lAd ll!i,,!'agraph 2. If then~ l\h",lI lot''' default ulHh'r jWy of tnt.. pun \ 1 IOn... <.'f UII~ n\ollj.;ll.i\', n,"',
a!.llt1li~ in t\ public 8nk lit the prdnl(~ (O'l'fl'<i hen'h)". vr if Uw nwrtifi\l.{t"~ ~~Uih'!\ thl: pr";l~lt) lither-
WPH' ",(H'r d,.fl\ult. the !l">ortg~t"i.' shall RPVl)'. At tnI' time ,If t.h.~ com rn I' nc,'rnen I of lIuth 1H'(I\.'I'\.'Jlllflll !)r ~t
U", tune th(' pro~\{'rt)' i!l,Dtht'rwIs,t! Jl("<jU\I'>.'<l, til'! b.3lanci,' th('n rt'mt!.~~lI11~ In the lund_'! UCUfIlUlfih,,1 Iln~t'I
(ii) \.\( p&rA~nph ~ P(f........hnS- ;;uo. II cP'titt lljll!li.tt !-he iU~H)Unt d pnllt'lpAI tht'll rernall:lni unpa!li un(l~r
uud noh' and AhaH pr(Jll't'd)' 8dju.ll t..ll)' l-~ym('nla WHIch MIA-II h~\.' 11(--('11 OltvJc ul\.l<-r (a) oC :\A;tll}M~i.flph
.\. Thilt he wllll\li}' t\\l UlXto,!;, a..sM'.p.,.,mi'nUJ. Wtl.t-t'T rat.:~. al!d otiH'r K'-'\'f'rnmt'nt111 or rnniikipJ\l ('haq(e~.
nt'IM, or lmpoaitllJfl.!\. for whIch pn)\i!\on hu not l~.......n nlJ!\h: he: ('in\)('(on:, Ilnd :n def:wit thdt~)r thl' mono
IlRj!Ct'" may pa}' thf} MU1H~; ~lHl tilbt he ""\'ill pron~ptly <leliyer !hi! u!hnal !t'C\'lp1.6 thttefor tv HH~ n:ortj{Ag"",
r), That he will permit, (UIHollt. (,r autTer no WMt(', impainnt.'nt. or detl'lioration of ""Hi prop.efty (if
illl)' p~rt tlICf{<of; and in the tw€nl (If the fai!ur.:. or the mo,ti{aMor t.o)..e..p thebulldlllga ('Il &iiHi prtmill~~
Qnd lhtl&~ to b.! Ht.-clt.:J on 3Ald pre.l1HM~. or 1Il.pro\'emtil tA thE.'f"t'!..1I1. I!l g.):.ld ltp;t.it, the Jjli)f t ~l\j(':"f' mil)
m~k. 5\vh rq}tklf!\ iUi ia l~ di~..:ri't!n!l It nUl)' dl't.m n~ce5-sary ((lr Hit' i'NjX'r Jlf"(~HvatlOn th{'u"(If, and the
filII lUl10Ul,l of f'~h al!'..! Her)' Iiuch paymc-nt AhaH be imn1"'dlt\.trl)' .h~" and payr.bie. !'And "h!lll he !I('(:ur('<.l
by the 11\'1) of thHI Illol'lgai'~<
6. That he wiil pa)' 1l!llHHJ ginli'J!.Ilf" t.he ('(la~. d,j\,){,,~. alHi e:qn'l'I!t.'8, lll(hhlin~ n'i\.~(l;labl.: il\\\}('f'!;
{e('I'l, a.i1d ,"'~~ 0( .lt3trlKta of tiUe. m;:un~! Dr p~id ~\ ~HY tinw by thr' l!IorH<:ngt.";' .)-(,>:.Hl!-;' uf HiP fallur\'
on the Phil of thl' TtHHtlr!!l(dr promptly and fully to f'('rform tfw Itgn>eml'tlts. Alld ((J\'{,lll\nt:l of s.Qil1 prom-
iMC><Y noti) anti thi!! tnoitgal(~. ilnd ~aHl CO;!(..';, ChlHi~'.i, and eXf>~'n(lt';8 6hll.ll IX' illlrn(,lll\tel~ du~~ and P^Y.
&ole and IlhJill be u<vl~1 hy t.he liNI of thili mortgage-
7, ThAt he will Xl.'....p the improvcmenl/l1:ow {'~L~tln~ or h~'r\'Aft.~r (,H-<!rd on the mort.g!1.i{f'd. prop('rty,
[111\ur.,1 M rrl1\:i l~ H''1uin'd (rGm time to tlJih' b)' ttH' il"nl~ng~ l\gl\lnJt lr~3 by firt' anrl other hEllard!.
cMualtll:s, ~nd eonting\'n(l(~ in such amollnt.3 and for iluch pi'r!w'J M may I.>t' rt'quil'~d by mortgl!g~,
lllld will pay promptly. wlll'n due. anI' ptt'n11Uml' 011 ~uch In~1Jra.nc.. {<)1' parm(-nt of v,'hich prv\'IBion haJ!
1:0t 1"1.'n nUl{1e hnf'lnoefor(!. All ln8Ur3.flci;. !hsl\ be ('.Arn~d III ((.mpanll." Approved by I/H>rlifag,,,. and
Ult' l.ll..licil:<'l and ro:.newl\ls thf'r,;:iJ{ r-hlill boe tldd tl;' mortg~fl\.'"C and biln~ att>icheJ thN\:til lo.M I~Yl\bl('
clau1\&'J in favor or anti in form llcaplable to HI!.' ml}ngagF~' In \>V('nt of 10M he will gl'd.' immc--d,ll;I.,
notice bi' tilEd tl> mortll~gl'('. and rnort~3ip.,,' :nr.y rna.k,'. pnx.d .of lo&!! If lIut lllild.. plot,nptly by rno.rt\{!lgor.
(\J:d "a,,1t In!Hlt&r!c>: u,mpimy (011rerll~J !a ht'i"(',h)' aulnorlzed fin;} dIlNt....~ to I11nkt. f'AynH'nt IOf such
lOti}; dil'j-':U, 10 mortgKg>>e inl..td'H~ of to lrl'.!rtiP\!.tor !\lId mort~ag;,,"-, Jointly. Hnd thl' tn3\lral1ti' pnl<:h'ds. Gr
any part theH.,.,t, mnY lx~ I\pp!i..d \;)' rnort~a~.f at ~t.'\ option l'Ith,:?" tn till' t{'i.llJdlOfl of Ih..' If\{kLtt,,lnt'tl,..
hen-b.,' a~uff'd or to the rt.",t:-.rati')ll or r~plllf of the propi.'rty daniaj(('d In ':\'l'nt of (or",-k>A!ii"" of thl&
m<)r1iCA~t' or other If&n;,ll'r of title to Ow mortKHl;cd propHty in ('xtlllilJ\!hnwnt of th(' l!Hitbtt'dnE'M
~l.,.~un"d hereb:;. llll right. tale. i\nd intert.at of the mortillgor in and t,!,1 an)' Il1hIH3l)U' pQllcl~ tho\ III force
..hllll pus to the ~HHcha$.e.r or gTtint~,
~. ThAt the rnortgai-:<' ffiA}', at {lny tln~~ pl'ndlll(l A ILlit upon thll~ r!iGftgAKi'. Apply to th~ tourt havo
lill{ )url&dicllon th..rt'(lf (or th(' appointm€'nt of a ri'("~i\'t?r, and a',/ch C<)\Jft l\ha!l forth....., lth apr><Jlnl f;,
rt'<:t:'l\'er of the piYillllH'il co',ert"d hereby all and l\llliuliiT. indlldll:g ail Ilnd sHlgulu th;: income, prollH,
ill..'lU~ii, and rewnuea ftlllll wh.\t{'ver llourcc d('ri..-ed, (.ach and ('\'t'ry of which, it ~.K:il;g <:xpr€;!..'Il)' und,-,r.
ate-oj. i8 herc'h>' mortl~il....l sa if 8~,,'('ifkaily I'et forth And des-nilx-d in Uie !franling' and II ahe fld urn clliUiil'.~
herf><Jf. i\..1i ~uch r{'('eiver ahail hfl'!i~ all the b~d u;d cff{<tiH fundion~ hnd p'JWH~ in ilTlywiM'
('ntru!\t(..d by l\ court to a i("<t'"ivef, sod Iluch liJIPoilllmcnt lIhall be !l1l'i.de by Auch court U ~\i adrrlltt(o<l
\."~Ulty aml tl. matt.....r of li~iut(, ril{ht to snit! mortgagee. and WIthout rdul'llc,' t" the Ilde<~\HH'Y or Illad,
~'j."{')' of lh€' V&IUf! of th\~ propNly morti{fti(fti or to ti:t! ~(jl>;i:ncy or iIH~{)I\'t'n('y of Mid mortgal(u. tlrthc
def(:i\dan~. and that lSurn tel!.,~. profit}), WC(lnw, lMU':-S, a.nd rewnu~ ~hall i.;~ appl1ed by ~uch ft..":tl','er
c&c;:ording to the lien of thia ,i\orlgagt" nn<i the prlldk~' of such ((jurt. In tilt, l\l'nt of any d..fll-ull on the
pArt (If Hw m()rt~flgor hl'reundl'T, the mortjl'3i{Of :lgrtX~ i.o l~t\Y to the /liOng..gt'>'! Oil dt>flla.nd SJ! f.., ({'l\,"",n.
sLle monthly r"nt~l for till:! I'rt:'fnl.&ca Aft RW(Junl At lelUt ('~llll\'<<l'mt tu ~}fli....!.V,'"lfth n'a) Qf thO) tl.gKrq\l~V
of the twrlvi.' rflonthiy in!;tsl IHl'ntn payahll:' lEi the then eurrent Yf~t' piu~ Ult' A,tu~1 ~.n)(!unl of th;. Annua!
tUf.'~. u.s~','iJlrnents. ....'at.-r rate$, a.nd ir;~UT~riCf$ pft'miuJ1~ tor ~ueh y~r not elwer~ (,)' thlt' a!oreuid
monthly r...a,rmeutt.
l), Tht> ffi(,!!.g&14.n' f~rthef loveliM;t.'l .that ~h{ful<t th:.., r;;urt~ag""u;d tt';<; C;{;tit ~:~) 0d hr:<ri'by nd h--:
('llg'lbh:- fur \ilJlunwCt' ;mGN t~H) N!ltlonal h\JilSll1ji Act ":'lthi.:~ ' ~O. (Lal" in;>{n th"..Hlh.... h.;..r~~-.';r
(\-\.rltlt~fl !!tat~.nl(.;lt (}t any irfTIr:;'r of thJ) }'ed~?T8t ;~l/v~~i~K ~~~_~~~:~:~!:~~!-'~~ l_i.~ ~ut.horru~j 8-~~ut ('If th~
}'uiaal Hou;u;j{ Cr,mmlf;.5ltHIU d&thi lwt'-":"'"'lllt:ni to th... -~torfga..id Urn\' flutn the dl<k I)f U\!~
in(:rt~&.f(c. dt>('linmg ti) inHHI' ~~id Iwti' IiWl this filiHl,?;:;l.t.f{', l~in2" d~:m\>.l conclu!'IIVi" pnx,r ()f !>.ud, in"
li,g-.ilility). thl.' m(>dg..~,,~ 01' Hh; h.;.ld.d .:;f tilt', naif,' !r-~)', ~t it.tl fJpnlJn.. d~'dAf;? ~ll $\.1n;,~ ~fJ~;[<tlhf"NIDY
Hnrnt"iH\U-!ji du~ and jl1l.yahk. ' '.
10 That ('..lj IIi ti'w t'\l'ht "f ,lll\ br.'atr.....f this fr10[t\f,Hjll,' ,'1" ddall!t !I!I tilt' I!.Hft of t.hi:" 1l1nl'ti'g~nf, (.if
it;! III th!' i"H.'nt lltHt '\!\}' of ~Rld 1\\lm~ of r"OI;I')" Iwr!'!!1 Idt,'ntd to I.... not pn'/Ol>tly it!:d fully paid with.
out dt'l1la;i\! ')! 110ll(", or (I") in th.. p\','nl t11Ut ,_.acft knd ('\'f:ry ;fH' 8;lfltdrdi',,;d, fllln'r-mf,nls, cunditlO!l<;,
;lI\.l to',I'niUi,,' ur ~<lid no!" alld Hl\~ mnr(g:i\('. IH" not duly. pl1.'mptly. and fnlly l}('doi1n,<,;J: then ill
i'lthtr t\r any IHH.h l-\'t.:f;tJ tilt, ~iHt ft);{grt~~-at..~ ~tJrn fJ2tntiOlii:'"(1 IIi {io_~id nott:' then It~In.a.lnH1JI ilnp.t\id,vlr'it.h
Ilikrd;t {lit:nl':J to th~ll tU!it', twd n!l1i\lJl,t'Yi5 l'I":tn,,,i ht'l\,by, @ha!i L~'{i.}(/it' >iu,:, and \\A}'l1L;e forthWith.
or Ihud'.~ tn, at the lJptiU!; of Mid !I\'J!tg-;\l<''''', M\ (tdl)' IiW! (iin:plf"tdy [;OJ if ill! ,.; th>:i gait! ~um8 of m{)IH'}:
\\ de ')1 r:!I'ii)i)" !stljH.!hkti to L.... palll OIl !i.li<:.h ':8.y, l'flylhmx II! ~II,i ilGt.' or ill tillli ir,On~l<M'l! to the e,;ntnHY
;Hot w itbiL,n,Ji ng; And th'/ ,'\l~,(lil tiT thereaftn. at Hii' opi.;on ,.f /'Wid m(}.ftq<.<i"~4', without hdju~ Of' dHnand,
,~Uit lit ii,\\ ni" 1I1t"jil:t)'. rn;~y L-;:. jH'!')''R<("uk.J [<~ ii i{i! rl1',n-::f!; 5('<.tH"...J hudj) h-ltd rn.atu(~d prwr tl" It.,... IH!tl-
tutwn, 'I'll;' mn~~i\W'" may for>.'d(;M.' tld:'\ mort;{f!!,W, n~ to the amoant (',!) d..'Cli.u~>(i dllf' hnd fll....i<!}!.:>. alid
tf'" iM\ld prer!ll",e~ ahi\!l t.... f,(Jld t., 1\..ati,,(y alll! I~Y tfw 1U~!m' kgdtlN \\-ith I,,~L'I, f'XPOil', 1). 6W a!lr,wilnC".!l.
Iii U\.e.I.' "f pilltl!d im.'(:'!~llr.: iJf \lUg m\.H"tga~t., th,' Iflorig&g{{j p1('mL.'~ :;hall tft. sold ,l,t!bj(~'l tlJ th,< \di.
liLUlT:jl lil.n of Hlllt i;;,:.rtgi,g-,' for ti1f' illJ)(juot of thp .id!t /lot tlH'lJ dilf' and unpaid. in f<Udi (a~' thl' pr(..
\talo.,i1" (If thl8 p.H3.g'r~ph Iil!i)" 3illlitl bt" ll\iiih:-d of til(.re...Hcr froin tlmf' to tITHe hy ~ht' rnrwtgIlW"'~,
11 Thilt tL,' I\\ortital{')f wl.ll gi\". In",nll.'dj!~tf: 1\()~ilT by mad tlJ iii,' m..'lt~~H'x' Df at1;." (Im~('YlUlrx'.
trf\n~fi".'r, or rh8.njf~~ of (j;.~ri{li~hil; (if thi' pr{,:.rf1i~'.A
1:! That lV' Will\('r G! a.ny .."....'enQ,,! hH.-m or of lh::> (JbHgMic.f\ a<<urf'; Ln.-h)' :\ha!l
th.'iudkr L~' hd..l to I". Ii ....:ll.n of t!H~ t"f1:l!< h{'!~}f 'n of tn" flot;;c M'(u~Hl hMt:,hy,
~t ij.;: i
I .
tm\f.'