HomeMy WebLinkAbout2380
l
Of
"
~
f i 0
lit"",'.
t.h.f'.~'
a;t;t! ~lJA.u.nv....-tJ fl!fi.ot)ji~, u U\e CMl<t mA.Y bot. *,uch qcMII an..U \."'6 o;;,...iH~j br thf) m('rtl~'~ un .Ul;4~'4~1'
~~ta tc ~ ~ by thtt~, it, )wlir~. iN D*U1ly p,tym+llU rn&d0 b}' \h~ m{'j'~q'Qf
Qt\ikE (6) ol p&r~ ;;1 pr~~ IhaIl DOt, bo ~ W pI1 JTOUnd f1Wt&, t..u_ ..ad ~Ii\efitf
1fid bwu.!"&ncf> rl'C1i~ ... tt. tMI mAJ bIi. ....... the IiIIaWl ~ ~ dWl ..nci P&Y~ th~n th.
m(,~r Uw.l PA1 to tho ~ _,. UDOIIfAt M(_"" ~..... up th;t ~Umt:r. ()1! liT' f~fotl, Ute
d4t~ w~ ~t of .. sl"OV1ld ~ Lue. ~ Of' ~ prtrlAh-.. aha.li b.e d'j~. If
At ~",y ~ the ~ ~ tlIIAW to tt. ~ in ~ with tM ~iona 1)1 lht' rwLl!
MC\lr$ii Mnby, f\ln~t \1l ttw.attr'G ~ r.flni8l1U1d ~y, ttM ~ &haiL illl'MIl'
putina the AJU(loUtlt ~,i-6,* ~ -.. endit to dte~t of t.be m.ot't,ppr aU ~ent.A fnS!Je ,Jndtr
lli~ pnl'Y~ o:t (a) or ~ IIMinIt wtUc:h ~ ~ baa ~ bec:om. obliJllt~ to p.ay l(l th.
}7ed@ral Houainc (~*. ~ ..~-. ~nJDI io th. fundi a<<~~ \ln~r tht' pn.l\illon"
of (b) 01 uJd ~.-r_ i. 11 tMn" be . dtatauii uOv MY ~t the pN'\'WoM of thht InOrt.ji8gl', re-
liulU.na i.n a pubUc: __ of tbI ~ ~ ~. o.l' if W m..')~ape acqutIW. tl'ie prep;E'rt)' (,tllt'"
wblC altw dlJ..wt. lM ~ .w ~, at u.. time of the ~t of auc.h pf'<")C~llllll" '.if at
thtl tirM~' J" otherw1M tIClQVinJd. th9 b&b.noe ~ ~in<< in tat! fUndi A<<u(Uul"t~i undu
(~) of ,2 Pf'*'*lt as a el"'llldrt ~ the ~t of '!ldptJ thllllO :wnaininJ; Ulip,id uDder
wd ~ Wll proptrly ::i-t Any p&)"1iWeta whith sbA11 M'ttl C ~ undf.r (0) of!lAid para,u}lh.
4. 1'b.At twl will J.*Y .n t.u-., ... 11 -.-ta. w~ ~ &00 ~M ;ov~tallW tl'H.l!lkil)A1 (hlrx'~.
~ or lrn~UoN. toe whkh $1~i<<1 bAa l\fJt bNn ~ h~nb4;f().... &f.ki ift d.fault th'(,(i!'Of the mort-
J:~ may paJ' UNtJ &&me: aM thAt M will pI'Qt2lptty dclh'*T ~ omc~A\ ~J4a therefor t.o the n:ortglllff.
I), That he..ill permit, eoanrott. or .utt~'Q{) ..ut~, i.mptJTm;ftlt. ot' d~~riontkl'n l)( uiJ I'tOl-1i!rt)' Of
&t\Y pArt U~f; aw<! in th~ CfY'1fflt 01, the ftU~UN1 of Uw nw~~r to kM1> t~ h\l~\dini8 011 luici ptf;'t\lI&e2
and ~ to bot; t!~ 00 lAid prunlMll. or l.n1pN't"emOS1\a thtllreon, In rood l".pajr. the mortgagt'{' mil!'
roUe ~'lcll ",p&i~ &II in iU d~ it FlUQ' 0iIlcn n~ry fQt' t,h" pro-t~r p~rv.tkm lht'(~jf, and the
tuB amount ot Moth &nd .~trY lOCh ~t Ih&ll be lrn.RMJdl.a.~y dIM t.fld payable, .nd ~hAll be M'(un"d
by the littl of t.Ma mo~
6. 'I"hat he wili pay a111&Wi.~ the COtta.,eb..&rp. and "peN., indudm( r~l1al;le !dwp:r'A
f~, u-.d C'OOU ot ~ of tiUe.~ or pakf ILt MY t..iJ:M by the rniJrl<<~ ~..uu of the fAlluff.'
on the put of the lOOt1.pfot prompUy aM f.lt)' to ~onn ~ ~t'nt.l ~ C"~en.antA. of ..id prom.
~ry ~ and t.hJJJ mo~ a.nd Mid CIOftf. c:hAf'IIiIJ. aDd u~ ~li be mUl~<<ij.l$.ly due and pay-
ablt; &nd &hall be iW!'e\lNd b)- th3 Hen of this mort<<..-.
, .
7. That he will a_v t,ht! tmprovement.a oow ulatina Or' h4ru.fhn 4lrect~ on th~ nwt~li.~ffi property.
if!.fllred, At mar ~ f'l"iQUlred from time t<> UtM! by thfo! mort.a'~ &.f&.in.t kl'N by fir~ ,.r,d Ot-!\{'f hoUnds,
caau4Llu.. and wnti~dM in loch Am~)U'ilU .nd tur loch Pf'.ri~ &I mAY t.~ r~uil"1'd by mor4f$i.g...i'.
~1 will ~y promptly, wr~fl dl~tl, ~ny p.norn\um. on such ~MtJnn<<t(Jf' ~l'm~nt of ...hich pn)viaioll hiU
!lot ~ O'WM h~n!1nbrlo~, AU IfUU.lt&~ shaH be ClU-ni!d in C<lmenlft aprmw~ by mortglliff and
the poHci8 !l:rnl renewa.14 th~!'l'/'i)t lIhAll ~ h..ld by ~~ I\nd ;..... aUa.ched therHI) loti l'ayab,lu
d..3.WMi1 in f"vor 01 and in '.)rm *~k l<..' It,,,, m~, In eV(mt 01 l~ he will give irnfTlf'dlAte
nQltl~ bi mAil to rnortaape, and mo~ may make 'P~1 0; &o6f. If ",ot m~ lH'mnpily by morti'&io~,
iUid ~ m.nr..~ OOlfopllnj w~rntId \.(1 h~r~)' 81Jiho~ an<! dzr___lA'd tv make Pf.ymtnt (or I\)ch
k_ ditlllCtJy w m~ ha~1 of to rr-..ortpgor and me near" j'Jintl>',a.nd tM ifli\H~n(~ ~H(.O(t't'd.~. or
a!)y pa.rt th~f. ~ be A.pp!~ ~y l~ at ita opt}Qn eilh.~ to the !f:ldU\.-tiof. of th~ i,n~~t,,-dnf.>$.S
h.eftlby lJlIiIeUNd ()(' to the rwtQnt.K'tii 01' ~if of t}~ \>rvpt.-ny d6;r~. In f!'V~nt of !or'~h)4utt' of thl.t
roort~ QT otb.ti' trv..a!<<r- crt HUt' to tM rnor'..~ prope-rty In extitlif,1114hmt'fil of the ifiddjt€~Jn~}f
~i'tld h~r. &11 r1pt. title. w.r..d interMt. of th~ rrH)~r In and ~) "flY ilUuran~ polk!~ th<-'n in tON:fa
ilh&ll pe.- to the J)\lrcllatti' or Il'b-
8, Th.llt tlUl mo~ n14;, at lUly time r.endinr A tult upon thiJi MortlfAf'e, apnty to the rood hh"
ing JUt'i.rodidk.m U-'~r:~f fllt' tM .J.r~intm('nt <;f ~ r'rt<!!Vtli, llnd iUC~ c-ourt, ihAll tnrth;"lth "p~'>()int It
r<<~Wff of the pft'!ftHM)!i CQV~ h~ 311 Ano am'ubir. includll'l. Ail And Imautu the I ll(;(.lme, , pruftU,
i$\lUtlS, &ad rt'!wnl.Wllli from Wh~~~l' ,iOOt"C-@ ~rh'~, ~h &no ~~:r crf whk-h, .it ~inf ~~prt'.uly uncler-
atood, ia h.\u1!!by mG~ A.Al' )J.~~l'y Mtt forth .-.nd d-.cfl~ in tM gnmtwa and h.oendurn d~lj~A
hereof, If.nd luth roc-eiver Mall h.ave All th~ broad and (lffecti\'e fUllcti<:-;..s llod p(jWH~ in anywi~e
entr.awl by a CQ'Jrt to a r~'t'iv{!l'. and such Appl)intmt'nt Anall b~ made by 80th coun M i<.11 admitted
equity IUld i\ nutter of abwlute right tt.> Nid mortl:t!.J't<e, snd without. f!!!Henoo t,.) t.h{' &D(!QIHHj 01' in3d.
~6lCJ' of th~ n.1ue of the j:'fOp.erty rlj(,~rt4'a.gM or to th6 ~1"tn;tY or irtM>l\'ency {,t r.f\id ll\ortgagor or the
tklendel.n~, and Uur.t #uc.h r~nt4, prof\14, m(Offie. LMu_. lUld r€vtfiUH $a\all ~ applitXI by Illch f~:('el\'er
&<<Qrd!n, to the Hl}f! of tilLs m(lttg~ and the prM't i~ 01 lu:.:h n)Url in thi'l ....vent Qr any dehult (In thf!
p.~rt of tiH', mortg-~r h~rt1J!1dHI tM m~rt.<<&gVr A~t~ to i>a..v to the mori&'~ on d~m&r.d tU i! ~l1~cm'
t!.bw monthly rt!nt~! tor the pfffmi&et 1m &m?Uot at lE'iUt ~ljiVAknt tA) one,lw.,Hth (~~~) ,-,f the .I1jftr!~,,~i;
of th. t1t:alve fn(mt....l). In.;1t.al!mcnu D&yAbla In thl; tiHm tt.L!'T1Snt}'t'$.f yhu th~ a.etual tu)')ount of th" *mH.l.ll
t.tU;~I,' ~t'!'lts., water ntM, Md iilllJf1U)C(t pcnunurr..a for ,uch YeAf not (:-()verf.d by the P-for~id
m<:lfitAly fll\ll1rw:stt6.' '
44 fleE at~
, .9. Thtl 4,-,1l)~~~'()r, furtiw~ (.{}'.~,MIi~<>t., hat r,h{J;~d t~ t!){H ~: ilnd thll not,:, ~:lJr~d ,h'r.d~y !,ot tot'
t'liglbl-e fur' im!ufS,ll<<1 ond~r L~ N~~l nOU!lrlll f\ct Within I D^Y~ frOO1 tM~ {laW i'lH"t"of
(written IJtAfJ1!T...nt of liin)' Qff'!';:~r of the FedN'J HOl~ing Adnun!;ltfitlfJI\ or i\l.lthorh-,o<l ig,mt of the
",,'df~l }{(JU~ing t.4.<tmtli~,tln~r dated I,Hit>~lu~t U. tht' ::'0 DAYS Hrn", f!'nm lhr d&u, of lhill
mor1€~, d(l('!\niHg ti) insur~ &$!d nt;w ;wd th~ ft'"vrtgw\". ~inf; de~m,,~d tOllclWJ1H pr'()(lf <A ~u,h in.
e1i!{ibiiityJ. thl'!tfN.H'tglf~ ut' the holder of th~ rK~ ~jlj $.t iu; tfpUfJII. ,~i'f> &11 Ai.lmg ~ur-ed h~!cl))'
Hn,"'lu.>(HA~!Y d.:.!~ jlmd pay~hl{). '
10, 'n~L {,I} in lh~ ~v~mt (tf i<<?,} b.f~:Jl uf th~ w'.irti'~\' 1;" ddt'.\..dt :.>(J l.hf' p<tf't d U,{j nt', t~ii!;Qr, or
,;~l {~;~~1dv~:~~:ti(ti,~l:~~ Gl(ft~ i~~~~;:~{~~'tl;:r ~::;hi:,~~i~~~t~~i :~,~t;ti;;:~:-t~~:~;:~:;t~r~;~\;~~: J~~;~~~;:~:
::~~e~o~;n:!~;~~::;~h~~~:~!~~~t~h:i~i~" ~g;'~:~~.~~:::~;;~l .. n:..lr~r:I}tl~~; ~~ ~~:~1:' u;~~~J7;~\~~~r::~j;:;~, i~:~~'~ i ~g
inkn<tit M:~ni~ tt) U\l~t t..n-...., at,.,i A~! r!'lO~~~ ~U~ h.i:::~}', M..oJI l""xmtw d;;k 9K~d ~ribl>", f;:''1"U1Wi!h,
01' t!litrt~ft-~~-r, f~t th~ {!pt~n~; ~)t ~id tri-(~:rt~~~ li\.."! tt~.~j-y 'M~~ [~~b~~tl1t!Y tMt if .n (it k~if' _~1 ~jLrm~ tJf f!H)iley
W~.N; (;1 ~r.&Uy t;tlp;;~t,()(! ih t.., p~.jd nt; "".H,:h d$.j', jU"~\Mf tit WO i1(;~' <1; I!; will mor~#"~ to th~ c",,,tnHY
n(;twiUu;~l}dln~; ~'d thu~\Zp.,,1', n'j" t~"f'~ft<<, ;t{ ti~f'; '.\'~l(.n 01 u;('j Mi)rt~, W~.h~}lJt n:Akc fir d~minH1,
.;!.uit at IJ!w ('f in (,c"Guits mJi!.~' iX' p..r"~t!~ ~ t1 :Jj ~~~ ~~:reci htH'~n' b3,~ ",~AfHj';\ ~r;"t tt. l~iI, inltH.
~,!ti,.:l~- 'f1NC' r~~;;F~~ fnO,y t9f1!~~ tt>.~ _~, .tJl to:> ~ w~:~~t.-l.:) ~~tA~j dtt~ ..r!~i ~fabie. ~;~1
th~ ~id pt1W,\j~ ~$.1! hf' ~.t.~ h} M~t~ ~"d ~y tlH:U...ID/i" u.~th>l1'r w,U;, t9<'f-U<, "Ui"",f~1 ~IHl a~i:UW.HJU~-
In U!>~ of V~rl4tl f.~""'f!'(i<~ut!i (it ihii!. n~oJ'~~, (h;e; ;;3m'~ p'r~.i~~ ;If''<AH hE" 81041 ~uhj~~ ~,) th,; (:.<)1)<
tinuing ihm "f t.hi~ nt4;H'~a~<.' (or U\~ tirfh>:'U~,t \.';J U,,% d.,;\!Jtti,."f. t.h~n i'hw and ur>l:~Y In ~w:h O.v~~ th~ pro.
Vil5I(jti8 (;f th~ IJ5.t<gt":tph tt1liY ~f1'!.jn ~ ~;.~f~1 ,:~f ~f~~r 1n.m t"rt}l: t!.) t!ml1 ~1:1 UH' !tvH~!ta~~.
1 L Th.lt.t t~ ;:J:Wr\;g:~{(;'('f ",-Hi ~ivl:i .m~"!i'J~~ rH..J.,f:f~ by r.*:.&H t.o tlv.. rn;)ri.ft~~, d' ~;'ty c{,;n~Ylint'{<,
h~"i'll>1u, 0, e.h.at~ nf <J\VfH'rfjf.hl~ d th<J pf'N{tl~. -
l!~ Th~.-t r.!c<~j wt;3.-\:-iJr of ~rlY ti)VrnMit h~l~i.T~ or tlf th~~ ~il)!,~'~.~j0n ~:~H!'~~~d h~Nhy ~hjCJi. at ~j}Y til1lt\
th~fl-tt hI;! h,,~i t.o b~ I!. VilUV'U of th(,l tel'Hi.!t, h~~;I ur lit tf1t' n,}i~ ~lJr?.1i r,~Nh1,
.'.; -<;