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HomeMy WebLinkAbout2141 ~ r I 44 i,l, f f)!I U!HIN U'l (If r~u.graph 2 pl....:~4h.a r.hJt!l PDt~"i~\(j"nt to I'~]' Rtl.ullIl rt'nta, t.!lll',\ ilnd a~umi'fll.!l Ilnd inllllraJ1t:t~ tH"i;;\UIIIIl, M Hil' cu.t! may 1.." whefl ~fl.t: :>lU1\l' !ihal1 l..""onw d:.H' liE,1 PllYllblf. then tlw ~wrtli~,)r :\haL pay lu th., TlIortglilit't.' an)' lL'1H!1I0t nf<(:~',1!.NH!, t,) n-'l\k.~ up the ddirl":!(,)". on t;r bdorc t!il' date whc'n l'l\}"lw'nt of IHICh ~n)und rt.'utli. tU,N'. 8.A'Il\:lllJH.:lit./l. or inaurlll\c\I prt'fIliu/n1l llhi\lI b'e dul'. If at s..n\' t1me'lhe ll\{lrtK~,.-,r entlll t..'pdnl1) l.ht' rno't61l\it'~ in i\('(,_.rdai\('(' with the pr()\'Il\IOIl!. (if the not~ lK"iJr~...i her dJY, filIi l\Aym~lI t of tlll' r.nt! h' indl'bt",ln,'M ft'pr,'MJI lo'd therdJY. the rn(Jrtll~gl~' shall. In C<41\. puting thp nmount. (If fillet! \ndd.l(<<.ltIC.e\4. rfl~ht to the RG\..unt of the mortKB~,)r Illi P~YI111'l\t.!l 11:11.\.' UIll!t'1 tht.' J'to\':8iol1/\ uf (.1) (If J}~r1\grllph ~ h';H'(lt wh:dj tlH' nHJr~gAg,-e ha.u not 1)t'("ol1lt' Ob!l)(~k.t t.' !>il~' tn UH~ Ft..Jera.llloll,i,o.g (\'CiHIlLv.hmer I'wd t.l:Y haliillr... f:'fIlIUnllljf In tile fund.'! ll\'Cumulat."<lI!!\ller th.' prll\ !~lOn' ')( (b) of &lilt p:ull~r.ph 2, If lht'n.' shnli 1M.' 11 defAult un,kr an)' of th.-, I'lo\'i~iunJl .,f thlll IIWI tjlol~". ro;>-- 8\iltinl!: In " put-ill' llal.. of tll" l.rt'!1lIi',>>.IJ l',Wl'i.,<1 hl't"t'b:i. or if thl' ll\"rtW:"l"'l' aUlulh'lI the pn)I>t'1 t) uth\'r. wise after ddAull. tlw rn()rla-~t(t~ shA.l1 apply. at thl' tWH' \.( t}", ClHnnH'IICi'IlH'nt of !llIch 'Hi"'. ,',lini\~ I1r lit tiw tHIW rllt' Pf\lpt'rty III (,th..rwI/w I\Ctj\llll,,-L UH' }.i\!II.I1C'1' till'n rnnIU;IIIi~ ill til{' tlJ!ld,~ 1\l'<:unlulat.,1 undt'l (b) of pAiaj{laph:2 Prt,t-..:tlil~(fl.~ R ctt'dlt Ii~<lllll!t Hi;' IilIlllUl'lt .,f pdT1clpal the:: r'."!lHi!I;lII~ UllPiiid U!llhr uid nol.~ i\nd 1'11R1l propt'>fly ntlju-'\t fill)' payrnl:nti\ Whld: ~hi\ll nfl\': I~'t:[\ mudI.' iJlIJ('~ i,(1} o( ~a;d pardil ,lph 4, Thllt he w:Jl pay all ta""-'!, a.......,>i\Miio..1I1.!l. waleI' rl\k~, and "Uwr j{()\OnllldHit! 0:- rnunl'i!,i!1 fhiHKl'~, fllll'.', or impo,,"ltiOll!\. (,n' Whld.. provi!lion h.!t..... lillt 1,.,....1\ rIl<<d,' hn"lnb,'fot\" anti H: d,'fa\Jlt lh.'r.,,! th.' mort- g~l't.' may p.")' U1l' llil.IIW; and !lp.l h,~ wd! prlllnptly ddl\'t?T the oihnal rt',,-'lplll thl'l dnl' li, th.. !1,IIrtl{8lo(N r,. Thl\t he;~ III r~'nillt. c,'I nli II it, O! lll.fTf'r Ill) Wn'\t.', Hlll;;\il!!ll'nt, or i\dl'f1('ratlUll of ~:ild prppt'ft} '.'r ""Ill p!in th('r.'o(; J).lid III tlll' "\t'r.t .,( It';.' fflilur.' of th.:' mnrt~fI!{"r to kl"'i' tlll' buddllll<S ,HI ",,\Ii I'r.'ml~(',' "I,d U"".. to b-e {,r\,(("...i on ~ald Jlt,'ml~'_'II, or !rnpn''''''!J1''!it.'\ th.'r";'lI, lfl j{l>od h'pll1r, ti.., m..tlp:<iJ.:"" may Il1Rk(' ~u('h rl'!l;ilfll [\.'\ l:I lL'I dl!!C! dill!; It rlJay d""In r\l'(T~"'ary fl)r thl' prnp,'r pt".'1t'f\',ll\l;!l th.'!"'!, ;1!1d tll" full amount ,If ('liCh Ilnd e"'l'r)' lI\1ch pAj"rni't\l IlhAIll,.: Imm...I:dt..Jy tlu!' nnd \laYt1l.:k. and "hidl!.... :\l'<.l!rnl hf the llfn or tt\!, mort~ag\'. G That hi' will pay all iind /llngular till' (',--.;It.;. rhar\lt\l;., and f'~.I"""I'!\"i\, lllrlU,hlig H'a...-.nahlo. !nw\,.'t'-,\ [,,"'-'$, /lnd CU6U. ,-,( ab..'1tr;ld.~ uf tltlt'. l!lo:ufr",l ur I'a:d ill any t:llH t.~' \Ii\' lli/lrt).':ii),:'.'t' 1,(."iIU...~' (if tli'- f.1I1'ji" Oil 1.1.(. part of thi' :nortj{llj{or lllumptly and fully to jWrf'ltJn th.' i1)(r....-rr,.,ol!\ nnd (ll\ '-niiltt'f (li~:lI,j I'rldn- lMlJr-y not.(. l\nd thl!l milrtlo(a~i.'. and t;l\ld ('''its. ,'hatj,p'i'I, And t'Xl"'f\.!Ii'''i shall t..- InHlI.,,1t;;\,,!v dlH' iWIl pa:., Ablt' and Ilhali t.." Ih'~U r.,.1 b)' till' iil'f1 o{ thi8 Illultl{l:\jl',.' 7, ThRt h.-- will ki.'O:I' the If!lprO\..rn<.nl.q nllW ;Xi!!tHl)( or h"fe,;ft.'r "t('~kd (1:1 thi' n,or!KiI!(."j j'rOpt'>rty, 1!\l!Ur..J i\.~ mn:>' 1;-,' r.-'q'JlIl'd from tlnH' to tune b.... til., il1'-'rt~n~~" ,'j{aln!!! li.;t~ by 11rl' !In!! oU..'r hazard!', ciuualtlt'a, and .:..ntllll{..-Il('P' Ifi !ludl i<JI10Illit."1 lind fur !I\Jeh lwrll"h li5\ may I..., t.qlllrnl 1;>' fl1"n;.:n;.il"'-', fUid will pay prornptiY. \\ h"11 du\'. any IH,'n:lurn!\ nl. !\\l.!l II1!';urali(" filr p:l\1:ll'lit ..f \\ hith prll\ hi<>l\ nIL' !lot l.......'n midI' rll'rf'it.l.wfDlt, ,'li ll)~lIrii!)n' !!I!idl i..., carrlhl it: (;;rlll';ilil.-~ :11,pIII\..",1 by nH.rt>l.Ii/.i' ."nd tb, l'"i!C:I('$ Rnd Tl'.i\'W1\;S t!i.'n'..f "hall I.., hdd !,!' rnnrtJ.:ay,.." 'Ill.! fin". iitL,cL,'d !lipr. to Ill.'\.~ VI\'"hl,' dll\liH'.'i in favor lIi ,.nd in form [l(":l'l,L'\bll' to HH' morl;.r;IK"( III f'v.'ot of h''''-II Ii,' hill 1(1\" lrnrn,-dli\t.. II"tl(,{' by mal! to l!)llrtj{ai<I~'. ilnd rn..rtK",,"" !nay [!IRk.. proof (If IOMI If n,,! Inad., profl1pt:y by ml1rt~at:"r Mid (arh lli!lUrHlIu' rOmp,lll) "'lll':"rtl(.,j l~ h'r..!,>' auth"rllhl ;Ill': dit... '...,! t" l!l;\k., i,a) rlll'"t ft.j "ud, 10:<.'\ dlr"ftl:. tn rnorlR'i!j.(n' 1l.:t>',ld t,( to II'ortii'!lK,'r and !1l1l1'tj{ay,..'" ;1l1!\t1y, <1ft.! ti\!' IIl,UUIlI(" pl....n',I~, ':r /ill.>' pit.ft th\'r.,.,,!. may Iii' ~l'pl!,.d !i)' !Ilor!!>:;,,,.'" ii' ,t... "\,\.,,1\ .,:n",!' t.. :ilt' r,~jll(tl[lll ~.( nil' lf1d..[J:,'dl;t'_~' her,'by ~(~;_;rt.'d or t..~ th.'t r"i~t'_lri\ti(ln or r,.palr ()( !ht. propi"! ty dt-l:n.l~";] lil t".i nt ot !,;r",C!I):,\IP" q( thiS nHJrtgftil" or nth"f tfiil!ilf"f .)( tlUt' t'l ti!I' lTlorti{ilj.,"',j pr",wrt) III .'\tll;jo'lli,hm.nt ..f th.- :nd"I,~,d!:"" ~u'''(,ui.'(i h,'rt'.by. .=ill fi;{ht. titlf', ~ind :nti'r.(-~t uf thp rl1{;rt~a.).{t)r in and tu ~inr itl~Uran(,' pOI~r~r'~ t!i~'n !Ii fqr,_', ALali paM to the l'Uh'hMt:'r or ~ra!lk(' f( ThElt Hi!' mort~li;(t'<.. may. at (,II)' tiflll' ,){'ndllq{ a <,}dlt upon ti,l' fil.,n;.(iijJ.', ;<1'1'1\' tn (h.- U'\lrl hav, Ifill JlIrisdldl"n lhl'ft.....r fur tl". a PI"I: II tfl 11 1,( of Ii. fl'(l'I""', iind :tuch (('Ult "h,,'! j'"rth-- lth app<ljllt a t,,<,,'j',,'r IIf thl' pt"llli:'l"'\ 1'.... ('f",\ h.rd!)' Ill! and 5lrl~lJhr, ItH'iu.\lliV ail and !'\illwd,ir th.' InU'lrH', pI "L~", i~;\IJI'!. iind f(.\.!'tIU(,~'\ fl"11; what,'...'r Iwurn' d,'rl\f..I, ;"Ie!: ;;11.1 \'\.'ry .,f ",hid" It 1",",;: '-\'i'r.,~,'1!)' !llld"l' sto,"'-i,lll hr'f('hy ml1rt~"R'",j a.~ ;f !'\p~'('lflri\lIy ~"t forth and d",,",(' I' 1....1 III tb,' ).OUl! tHiY. ;tlld hrd,,'ndurli dau".'~ h,,!,'.;f, ,Hid 1iu,h r,,{,l'I\"'T ~hliil hl\"': ail Hu' Ln\:! d and t'rf,-"t!';.. fum tH>ti>< Hnd i~,'W"I& II, illi".... I~.' "lltfu'lt,.,.i by a (<iurt t'_l i. n"'~"I\j't. And !\uch np['(Jlutnll'nt ~t,;dl iw !ll~ld., !I) ,~ltd (uurt "''' an ,li;n:tt. d t"'fFl1ty :Hid a miittpr td~ ah~ilut., rl~h~ to ~ald lflPrt~,\)li'~_;. (Hid v,,"ltLftut ft.f,.,-- net' tit th.' adt...~lLtl\- i:l l:i~';'l!' f"'!.IUfii.'j' of thf. vahH' (jf th.' J'rop4'rty nlortKi'~t',i erf to ttlt) 5nh,"HC) or UL"nl.. f':i\.")" {If ~,pd r!i{Jrt;.';\~iir ~,r thf' d(lft1nd.'\nl1\, iHld that ;\ui:h tt'nL,. pftffit~. )nCI.nlt'. l&"Ut.~. Hild r"Vt.t1U,'~ !'h,dl fH' ap}.I!t-d by .~Hl\h rl-' f')\,,'-'i R("{..~!rdir;Ja.:' to thp hf'H ~!f t;li~ nlnrt;(~'\K~.' E\l:d thp' practj(t. ()f ~~l!'h Cl,lqrt In t}". I'\~'llt oi d.f'~l" d, !.ndt PII tho part (If the rnnrt~:all.!Jr 11"I,'III1:II'r. th., I1H'rt~Hv-;;r H.~r....,;\ to I'll\" tll t!l.. IlIlIrt~a;ln' IlIi ;j.mand ii,", :\ (":..~;;l:- ttb!.. in~)r:th)y r..:lt~li f"i the' i~r~.rn~'-,I'~ ~p; :U1in'jf!t at !~'.L~t ,-..pJ1vaj,'r;t to (!JP' ! \\ t.iftL 11,:) o! tht, il~).; f l_'~~itl' of thp t\-\,-i\t, !lI(iJlUdy ifi~t.;dlrnl !4t~ t:~\',Hhli' Hi thi1 th.'ti rl1rrt~fit Yt'~-1r ld:J\o\, thl' ill ~:.J.ti ;U!~('~lnt (I:. tL.. HfdiUid t~l,f~" iL"~~'~'ri1pnt-..., Vtilt'-'r r;i~J..!t. and in~Ur"ln(~' lir.:1111Urn5 fo:! ~ucL )c'itf fit.'lt ((;\I'r,.,i Ll) tL., a (u!"i'."4iHl fli'.illddy !,<1\'ll'Hitll , 9. Thf' rnortl>iag'llr further {'(I",'nlHll.~ that 111:0\1111 thl~ III 0 rly,i-i)(" ;u,J ti" 1,"(" ~,' '- d!.d L'.r .;'y ;,,,t t...-, ..l:j.('l!>l.. (or 1!.~[JrilliCt. undl'f th' >:ntwf1al i!"'_:'lilll( Act WIthin lr":,, Ui> d,d. hl,,'or (wr;ttt'll atHto:rtll'lit 1)[ <\IIY olllt"1 '.'; t!il' f."J,.ra! H..I)-~Inv- Adrnilll!'!rrltloli o)! ,ilJ~f:"II1.1'd ,l)>'t;.t (,f thO' F{"h-rf\! HOUlillll{ C'Hlirni,,-~ilJnt'r ,blnl !<llh..t~IU' nt tn th{' , tim" frlirrl tip: dat" (.f thi~ lli\irtgl\jSl\ (ko:llflllli( \(, IIi!HJr.' !lllld no!l' i\nd tllll~ !I1ortv..\~". 1"':lw d.'d!l' d '-'-nelll'i...' 1'1''''('''; ~wh 1;1 ('l:;phd!ty), thi' m..rt!o:nl{("(' .'. till' h',k!'r of thi- note fllii)'. at ;~.. IIptit'II. d. ,.l.il i' ,<Ii 1\Ufrl,\ ~", '1I",j l,,'r..i;) Itnrnl,di!1kly du.' and pi\)'abl,' 10. 11iat (r~) In thf. c.-vent of An~' br: acta of thi~ rnt';rt,~HKf' fir dl Llliit 'if; tht. l!:~rt (!I t!!..' inl!r~K:q~;jt, ~;r (/J) It. th.' (''.I'nt thitt any \if !laid SUnl~ lif mnpt')' h"ft'lfI Tl'f",rni t<: t.., n.:t pr"!lipti~ ;i!,d (,Ill:. pad "'ltL, out d{,rtIand or l1"tl'-,', or (.) III till' ,'\('nt that ,.ad, IIlld .'\"1'1)' tip' ~tqllJlilt\l'll~, ;i"r"'.-II;";I(.>;, (Oji';ltll'nll, p,':d ({)\.'nftllt.8 of 1'..<<ld Il'Jl'_' .,rld thiS Illllrtj!,l.;C,'. "r.. liolt dlJ!\', l'lll!Ill'll',', Hli.! fullv l,,'rfllfin.-,J; till'l1 In E'ithFr or any All(h (:\.,',;L th(' ~itld ;ij{~rq{nt" ~~1I1l tn!nt.')!.....J III 1<;.,.) II',!,. t!WI. 1l'fl1ill:i!f;v. unp,,:d, wi!i, lllkrl,...t It(('fu..,j to that tlr!H', >llld :\11 me'l,;", ~ iH'f.'lH.-d twrd!y, E\h,.Ii 1,,-, "!I1I' ,iu,' :lnil 1',1\ .dd. fnr!hwlth or thl'f"aftf'l". lit tht' option ;of ~!\:d mort~l\K~"-" as {ully And ~ornpj,.t,'l'" !I}, If all !If th.' ~a:d ~\lrll~ <:f 0",;"., wl'rl'ilrtilriidly I'tlpuli\tJd to i", palll on 'loch da:., nliythlrW !!! '.11,<\ !".!.'Ilf III tlll" nlIJrl~:aJ<" t', till' C'i!ltUIlY not',Qt!-./itan(1tng; and th~n'\q""n nr thl'f.'aft.'r, at th,' opt;..n of ~!\!.j rnr'rl;i'Aj{'''', WIth,;!!! !H.t:,"..r d'!!land, ~ult at Iltw 01 In '~lljlt:,., may I". fJTl.w.:-t:I.,d a!l i! 1\11 f!ltlrlt':-'l\ l'>~"('\lr,..l h"i ,-ii\' illHi mat,itt'.j prior to lt~ IIL'lt" tUllOi' 11,,' rn..rtllRS{....' mil>, f.lf(~:lr,,~{. th;;\ IT\''ri.v.fl!~''. 1\.. !o thp i1fnnunt 1111 d,'('larhl dul' l\nd !.ii.,'a!,!o', and the IHlld prl'lrlIU:.!I /Ih~ll he I<old (.. satlsl.,. and p..i\Y th., !H~l;t' t,:>;"U,,'r With c.~t.'\, "Xp"f;8t'il, nnd il!!If~af;(,('" In r.Mf' of pi\rtlid fon~IG~-'Jn' of thiS nl(lrt;{Rj.{i', tlll' trll!ttKdl(,:d l't "nil",'" ~l:;dl h' (\old 'lUhJ.d t.. th., 'Oll' tllJ\Jlng lH'n of tlll,~ Oiortlo{i\g\' (or tlH' IHrl"U!lt ,,( thl' dr-I,t !lot (ht'l; d!l" ;>Ld ,ini';.lld In !Iud. qv." th,~ I,r..- ...HIWlllI',( !L'i! r','\r8~rJ\llh rna)' nHliln'ld '4nili'il of tht't\'fift"f frurn tHIll' tl, lilJ:f' I,y U,t' IJi',rlj,{j\g'H' ! \ ThAt thl' rnortj(I\R'Jr "n!i ~I\'" lInrrH'.J,al.. !It,t:,.,, l;j' mad to tilt' lllf)~t!o:fl~'''' of k!l:, ((;11\"\ ;H)(...., lral1l1f"r, or d!!ltij(l" {If r'.....n.:r!llllP "f fht' pn-nll!WS. j~ Thl'.t no Wlll\.l'f of Hill (l;\f'[I!tI,t fwr.'lfl (,r I,f !Ji" ,'!,l:v,,,t:(ln f,,-nJr.d fI.'fi'by ",hilll at ;\11',' tlnil' Uwn iilli:r bo.' hdd t<, i..; a V'i\l~ "r IA t1", t.'flnIJ hl'l h,( ','1 "f thl: n(.it.' 1I..-'ClJr...j L.:tcby