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HomeMy WebLinkAbout1842 ( 8(~ o !l.p..i InlO.UI'illl.i:l> Hrt'JIilumA. M the C~""! n~ b4>, *u{'h Ut:"4lM Ahali btit (:~~it.....i L,. th~ nx,""....~ Ob IHAbctEq~\ pa.lm-etU t.-, Lo JlUl.I.ia by tiw m('r~*COr, If, boWfiU, tM ~~11 plt.,.-rn..mi.D m&ci-e DY i.Ue Q'lIi.n ~.v.>. ....lHlt>r (b) ~lf ,-"lora,araph 2 ~n-eoedlns ab&ll DOl be ~t t.o ~"" ~ .....ta. tax. ud &IIiMMlnct.t a,lld ill.llUrAl1Nl rrt'!"l\iul1l~1 ~ tM C".&N may be, .he. UN ..... IItitJ'i ~ due ~ ~, ttJ,en th41 tnt1rtlllli\.'r ah..J. pay to U~4f m~ a.ny amoont MC.-ary tI:. ~ up tM ~i!l8q, O'A or btdl..'f"e the dak wht'"n P&)'n1~t)t of aQ1"l\ ,round nl<<lt.. w.., Mlt.JFrClGt&, or ~ ,....ir=- ~ - d~. If at anr lune the IDOr~)r ~I ~ k> Uut !>>O~ in ~ with tM ~ of tM n~ 1W!('.noo herehy, full paymenll>! the _~ ~ ~tai ~, u.. ~ .tuH, io ~)M. plJlin(lhe. a.mount of Meh i~ c-I-.dit to the tIIl1eOOWlt of t,b.., ~ all ~ rr~ \.H\4e-r the pni\li-awn. of {4) at ~r.ph '2 ~ '..-hk.h the ~ hM DOt betome obli.ptId to pay to t.M I"f!d{',..} Huuaini C<mtmiHion<<r Ad U7 ~ rcmaiAiaa in tae fwd atCWDlS1a&ed r.aradM tlw proviaiona llf lM of &aid t~M'n.&:lh,,2. It tb..-.1ba1l be .~&&!t ~_ ~ of ~_~~..~,,~~~ .ulUntE in a vubhc ~ o. th~ prtftUfMlll eoWTe(! 1WIn01, w u ~ aMt,o.....- -"'l-'- -- ...,,_..~ ~_.- wi5e A,fU'( d('t&l.ult., th~ mo~.un apply, at u..Umotottbe~i.(l!lloiIdlpf'(~..hnpo,..t !hI:' titM tilt; prueerty ill ot..hel-wlae acquir...d, u,. ~ thcII:l NIlU~Ul ~ fuda MIND\\llat.ed tlnO. (b) of p&TqTe.ph 2 pnl<<d~11l N II credit apiut tbe amou:D\ 01. the ~iq Ilnpeki tlft4er uid nol,' and Iha.ll pro~fly -.djuat any pe.)'1XJ4-nta wh,k:b -.b.N) ba.". mach ~ (c) of _\(I ~aph. .. 'ThAt M will pay rJl tAX'" ~ta. waw rat., Did otMr p""~t&1 or numkipal Cfo..a.l"C8, tlnai. or imr<<iliow.. tor which pt"i,,,1ak.tl hM not bMD made Mfti.:abatOl'l/ll, ADd in detuk t.heNct l~ mcf't.. i~tO m4.)' pay t.h~ MAW!. and lP..At b. will promptly dohver ~ <Acia! r-oeeipta theNfor to the mo~. b, Th&t h~ wm poImllit, {,,~:c1unit, or .!llYn 00 wu.te. iJnpairtJWl1t., or d<tte:rivraUon of uid pr~rt:.. Of ~y ~J.i\rt thereof; and in the f)"~nt of the taih!t'lI Q! t.bc ~1" to hep the huUdiDp m'J piQ Pfe"l1iMi1l\ And thofj." to hoc ('N(t~ on wd prem~, or lmprovemeata ~ i.n tood nlpfoir, the mort.....~ mJl)' makt' cueh rel)Ain\ u in ita discretion it m.t.J' d4enl Mo(IliTt.rY t01' the 'Pf'OfHII' preMrV*tion thert'Of. and th~ fuil &mount (If ear.h and ~...try au.cl\ pa"y~llt &haD t. ~ due and p&1abh, sad ~I ~ HCUrtld by the lten of tIli,a mort.cag-e. ' 6, ThAt he will par An &nd foinauW tht ("~ e~ and UpeMM, lndudift~~~..lM lAw)'u'& f!..~, and COIJtA (If .trat:t.& or HU~, intlJrred or p&.ld at tUi.y HIM by thr mo~ t1f thf; failure ~JlI the part of tho ,mortBQl)r premptl~ &nd fuUy to pl!rlorm th~ ~~ta a.nd {'O"e,l1Ar~~ of $aId prom- luory l\\Jte 4.ntl thu! m-ot~, and I&ld Cl.lllU, ('.harteI. qd dptJftlMll &ball be imme<<hat.ely due and pay. &blt' a.nd ahAH be M(u.red by th~ lien of Una moril'eP. 7. 'l'hat hoc, will k~p the lmpronmenta now uiatJAI' Of' ~ ~ on th~ ~ proj)ff'ty. L~un:,,-i u ffi,.y t~... required from time to time by tbe ~ -.s.iMt klN h}' t\l't ~nd oth@rh~. CA3u.ltie~, &ad cOlitingrndf\'4 in lU{"h lUtwunta And for .U<'bperloda u may be r~ui~ by m(Jrt<<...1:'tt. !'Ind will PAY promptly, when dUPi II.h)-' premiunla 00 I~ iM~ for ;>a~i of whieh pro\'I$IQn hall not ~~~} ,rnAdt- hu~inbef!)ft', AI. it'\Aunuv.~. thAlJ be urri.I in (';Jftlpcuu- ap-pto"l.'ed by mo~ and th~ pohw~ il.nd I"tmew.n thtr~Jf ,hall be llMd by ~ -.ad uve at~ ther-tto k"lM P8y.bl~ da~ in fAVOf of a,.'1d in form a...,,(,rf;ptabl~ to the m~. In event of W. h4! .iIl g-he immoolltt: ~oti~ bv mail to mort~. And mortp.C'W may make proof of}~ tt IWt. ~ prompth' by mor"l.aaor, and eacfl ilUlJfj..OC~ ("()UIp....ny ((Jn~rned t. h.reby authofilo(;d ud ~ W mU~ p&7u.eflt for .ueh ll.llS3 dinxtly to mortiag~ iMtearJ of to mo~rr &nd mortc..... jointly, and tht.' :ntur~~ prx::..::mli, or any part t.ht'TtS()f, may be ilppli..'<i by mott<<"~ at ita optioo !!lither t.o ~ Nductlon of the indeb., t.oon.. hHt'by M'(;I..IN"d or to the N$l(lnlioo or ft'p.t,ir of t.M property~. In ~\{t:nt of r(lrecio&u~ of thl.l mQrtga~ or other tt'A~fer of title t~} the mort.g~ ~J' in cdiq-uilhmenl 1)( tht> ind~bt('d~ a<<ur-e<i h€:rWY, all right, tille, And int.ereet o( the mo~r in anti to any iUY!'"am:~ po!iel," th..n Ul tl)~ iluH pua to the p\lITh.t.Mr (.If Van\,.tlf;l. 8, ThAt the mortg&if<<' may, ilt AnY time pendin, a 8U!t upon tl<.a ~, .Wi:!>' to ~ court hav- ing juri..&diction ti:H('()f for t.he appointment of It r~~i".H, and Jl.ten i:<1urt Ah...1I fr,rthwith apprilnt li ;e<.<>i..,<,[ of the pr-emi~ c{)ve.r~d h-:.reb} all and ,AIn,ule.<, itlCludinc all .nd, sioif.i14r_ the in<7ome, profits, lU\lea. and n'yenU08 hum wn.teV~l" ItVIH1.'@ d~n\'ed, -.cll !lti.d ~'eq {if wnu::h, ,t ~HlJ ~J:preaal)' und~r- atood, j,g hue-by mortg~ged M If .p<<!t\('Aliy ~ forth -.nd ~l'ibod tn th.e grantirlj" iUld ~ndum dl!l.~ ht-Trot, and r.uch rf'CE'i\'H .hai! have cUi th~ bf'Olod AM f!ff<<'th'e tutwiiOflll And po'Wf!Nl in anywi~ l'ntruAtt'd hy Ii court to 11 r~~h'('r, and al)(:h Appointment. ~n ~ m.ade by loch wurt u an admitted tXluity And Ii m&H..er of at-..wlut.e riiht to uid rnori&~. lutd withOYt. rtff!teliCt' t.o t.h~ aJ1!quacy or inAtl- ('l(~UWy of Ole VAl!Jt' of the prorwrty rn(1rl"~i-ed or tJ) thll 501vfilCY or iM<Oh~fKY of !Mlld moni~.1r or th~ de(.>ndlwt.a. and UI.at 8uch ft'nu, prof1l4, in(:(:i'ne, iuutN, and N!V-eflUflli ab-$.l\ bt' .ppH~ by au-d, t~"<<,!H'r t.cNJrdmS( to tljt, hen of this mortgltge A.fid t.."le pra.:H01l f)1 t~h iXlurt. III tl;{! (',<!"nt (if any default on thi' part of the mortgagor hereunder, the mortpg-or 1tS~ t,,) V6Y t.o tht! mort.~ on d~nand u a ft.>UCitj- Able monthly TNit.ill ror t.he r,reniM"l r.f1 ..mount at lout equlv~t t<J ofl.-tweftth (~1 t) of tho; !,i.gir~l!k' at the tw{'lve rncnUily if'..AtAlimeota paYAble in the th~n cu.~t ft'llU' pI". the toCtual arrn;-unt of' th~ 'U\I1Y&l" t.A.J.~1 ~m~n,a. w.ter ut{;ll. And iM\.lrlln~e VNmhmu tor .ucli y-.r not cover1!d by the aJ'Qfeuid monrnly paym~,m.... 9 The mortg"gur. further CO\ell.fiUt3 that l'hi)U~d t..lna n~r~e ~~H! f....~ IYJo'.,e ~~f'it..(.l hHrll}' not b'J dljflbl(' for 1fj~\Inwce und~r th(' NatlOruJ Hvtamg Ad within 30 day. f~Qfn tht d3~ tvarwf (writtt." at.atrment of Any umeN of th~ F~t~n.l HOl~Wg Admlt\Ultratl<,n or e.l,,;tiH:'ri:z;~i ~nt of U-~e F('dcral llvu!!lig' (:':-,rrH1li~~lOn<:r dAl..c--d &t1l~\.ient w tiw Afor~Hh,Ld tiltH' from llw. .j,a.t-e ot UHI'l mMf.gi'.f:(', ih"C!lnmg to m5Urt~' :;,aId not..>: ~nd l-hlil mf)rtg~-e. l"i'intt d~nu>d {:<:mdiliU""'~ pr<.x~( of ~tJch in- dl~lbl!lty), th,' Inortifa~ Of the Iwhkr of the n:)te n~j', At it& !JptlOfl, 1..~I*,H' il,li ~um$. &<<;,_w~d hereby Ilnrnl'dll.li'ly t!!.H' l\nd payabli!.. 10, Th.H ((1) :n th' f;\"ent of ~ri) bn~'h ot tH;, rnort.jf.~" or d.:tilult uB the ~rt, of Up. rW.lrtgi'!jlvf, vr OJ) in thf' l;\"ent that sn:y of &aid ~Ilm~ (If moo,';; h,.n.~n r~f{'fred 1,;) to(' !>ot. promptly ~Uid fully r~jd with out demand or liotlV. or U') in t.'H' I'Vf:nt that B!tl~h i..r",i (".,'t]' the l1t:P\.!ltlti,~~, .'.{{ff.~:n.:niA. ,;onditi::>!i~, and COWTH\lit-B of l'.3l<i not>: flrHl thlJ; mortg~gt;, Ii.... n(}t, d:ll;r. pr(}tnpt!y, Itnd fuily rX"rf(":r71"R'.;~; th~l1 in either or fill)" ~uch event, th(' Mid ~..igr€-g"d~ /Wln m4'ntv),.<f~:i in MiJd f...rA"" th,;;'-n !Yffl.$.lfiltlg \H\i\Md, with lntl'n'~t llnruC\i to that tli1W, 4nd aB r:n.:.mey~ ~"i..f~ hH~hy, ;.h_a;! ~~,Dtr;t' d\-:e &,nd ~)'$..hl,~ f-.r1,hwi;J,. or th<'>f",'aftN, lit Hw ovtioli of f..aid !n()rttjii$.~;-e, ~ {"illy 2.l>d ;:ompl~t4:1Y!!:l; if ~J! of t1i'~ ~Id f.I\lID$ nf 1li',i':,..t;;y WH<;' orgwally etlptlIAt€<(} tS) l~ l~;!.hi on ('luch J>l), &nvthir4Z H": $A~d n;}~ C;I ;,: thi,~ m(i!tf;~'" t,'! tht'! ("ontf'iU')' not',nthgtandlilg; IUld ti~1:t('upon or tha~,1j,!t.er. 1\1. tJi~ cption cd !$.Aid Jr!'tj~. witt,out udk"fj it, dr~~nuHi. "ilit 1\: Il\w or III C"l.j!llty, l.-.ay J,." pn::fj.~-ctlt~l M if 1111 nwrwp lK,{,lJr~i ll~,~-by ruW mt.tut~d j,rr1'JT w ia in.-ti, tut\Gn, Th" fl1orti;.ii~ may f.)rr"'~!oo: tIlts mortp~. M w th~ ~trA.>Ul'l~.iIf.! ~U\.~ <!~ AJid f~>'.~-c, AJ~d th.' s..ald pr{'l'1I1M-{i l!nA!1 L., lIi:dd W 33h~f)' #.!:d pay thf; UhW> ta~~f'1 wHl> ~'.-tA; n~, J!.M ~ww;\\r;.{:e;~, In (&-"" of partll!! fon-'t.!Oltit.f.' of thi~ rnu!tg-a~t', the m'Jrt~pr~te-."'II ,.h.al: 00 ~\'d wh.if!!l;t to tilt' ~m. tlfl\ling hen n( t.l""11~ mortKi'\K't" for U"l<: llm<JUnt .A tht" c-tbt f10~ th.:n d~ 8t1~ tlfItJ;jjd. in .-.;cli {.Me tt,e pro., \,llIi(;IUI of tfW'i ~;a!"~~APh may xgain bo ~viiiltKl of th~r~t.t:r fr'\.<$'H u~ t..') timt Wi the rn(;rtf~' 11, ThAt th:o mHt~~g(Jr WIll il've imn1e<iJllL-: f~tfJce ll)' f!\4H t.:> Ui<' l'ir~,tt.~rw vt ~my Cf)':W;'jY$l.n~. trafl!l(pr, or chAn~e of I)wiu;uhip of the pft"mi~ 12, ThAt no w;:u\'el of &.PY CVNH~!lt h;:'7n~jll nt' 01 thi' (,bH1.~U(ja ~:ur.,j h~h-r &.hRl! Ai <Any ~J..rf'.Ilt thi'fe-ilft~r ht! hdd to he ^ wtJvt:r of th~ tennA Dr{,,"C! i.Jf (}f H~ r:~ ~~r~ t;1\\'n'ty,