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HomeMy WebLinkAbout2110 {~ -v ~, ~ 1:" ! P"C' :J{l !~~f 8 _1 ~~ IJld llUlJtlllOCil pft",mluO\tl, u tht' rue :nA)' bej.Uth eHl.'lM .hall ~ a~il~l Dj tht> lIiMtiSlCl't. un ..ut*...~uent l*J'lDHlU W be mad.e by lht' mo~)r, f, how.vor. the ffi<)nthll ~....ym~nt. mJ.dc b)' the mor4ri.iUf ~r (b) ot l)UtLil'ilph 2 vr~n.a &h&ll ~t 0. ~. t to per ~nd r"tlt.a, tAU" And &AH'Ulnl.'ilUl a.nd IMUranNil rremluma .. the taM m.ay boa, .h-M1 th\'l UoIM eaJl b8t.('lCMl dUi(! and paYAhl\', then the \t\Qrtga!ll'f ,,"-I 1>>Y to ~ mQr't4f..,... any arooont~)' tl) mak. \lp the de>1\df'ncy, on or t>('hJ~ the d.ak- wh~n P/'ym..nt ot .uth (round f'ftta, t.u:., ~fl\16. Of' In.l~rtUlot. pnmlulY'''- .hAIl he (iu\' If at any tirnt> lh~ n~J'tCil.I'w Ilhall t4nde7 to t.he In{)~"'" in ac~ with th~ pr.WiSWOA of th~ ne;te NC\irtrd hut'by, full paym.mt 01 the ent.1N i~~nM8 ,-.prt'lMTlu.d tMreD1, th~ m(1r~"i'ff ,h.ll. In ('Nn. putin, the amount of I~ i~ credit to the ~<<>unt ot the mo~r .11 paymt'nL<\ made Uli<.lU the provL.ion~ or ~Q) d ~pb ~ ~t which the mo"""_",, h... not bt-<:(>ffi~ ohlliatt..J to pi>) to the }o't4~...41 Hou.sinc CoouniHloMl' and any b&1An(~ rtma!nlnf io th. funda a<<umulJdt'd undt'l' th.. prO\'IJlllill~ of (b) of aaid par"''tap..~ 2. It th...~ ..ball be .. d.f..wl under an)' of ~ prov1i1il..H>& of lhi. rnorljlBfit', ft.'- .\llh~ 1n A public uk of lh~ premlMe el)\~red hereby. :)f If the mort.a'~ ac-quirl!'4 lhtl prOpf.'Tty othH- wt_ atter "'f',a.ult, the morta'&.IM ah&.H Apply, at the time ot tb.. rommenc~nl.-:nl of .uch prtxet'dl!\~3 or At L~e tim@ the propnty i. oth",i"WlM ~uired, tht balance thm ~min, in the funds aceu!l1ulate-d undH (b) of parqT&ph 2 VT$Ced:ne AI & eredlt q-aIMt Uw amount of prlnclp&1 t.ht'n Nmainini unpalll undt'f ....id note and Iha.ll properly adju.et an)' p&ym~ia "M.::h thall h.-v. bwn na~ under (0) of uid pllt.lln~ph ., Th_t h~ will PA), aUt wee. ~t'nU, wawr ratel. and other 1U\'ernmt'Hlal or mUliiCl~1 ehargt~, tinM, or IrnJl'OAiU()~. tor which provi#loo hu not ~fl m~ herein~lottl, and in ddal.llt thert'Of tht' mort. rl.KOO may pay tho PIne; ;t,.nd that ht will phllnpt1y 6.H\'~r the offlciAl J'eC('iptA therefor to tht.' n:ortj!i4j{t'(', 6. That he will p.ermlt, commit, Of turfer no wute. lmpAirm~nt. or d~erl(lrtllion ,)( uid propNtr or any part lhtr-eot; ~d In the fJ'\'tml ot tM tailur" ot the morta'qor w k~p th~ bllildllli~ on ~"l,i rt\'ml!l~ and thl...e to I:J.e e~tro on a.Aid pnrni.M3. or improv~mentA t.h~. In r'OOd n'!p4lr, the mortUl\Il'''' may nwt" luch r'fpain '"' ill ita dl..Krmlon it n\.to)' d<<mlli~I"}' fOT the proptlT pr6ler...aliOtl th('f~)f, 1\11,1 the full amount of tach and @Ve1'y Illch ~Inent Wll be ilT'.m(ll!.:H&t~lY due &nd paYAbi~. and "hall to{, M'C!Jrt'i.l by the lien of tht, mon.~ 6, Thllt he 'Hili p..s)' all and ,inji'Ular the (CiiSts, charr-. and 8xpcnlfd, indudini rt'a.~on8bll' 11\\\ Yl.'r'!l f~. and c~tA of abetr&('t4 of tiUtI, ineurN<O Qr pllld at ao)- tim~ by th~ mortia.,;:e b~'(:.sUi;i;' of tb' f~durf' ?ll t},tl part of the !,1ortarqor pt\.1fl'Iptly and fuli)' to pertonn the agr>een1c!'1IIlnd co\'enanu of ~J\Il1 prom- lMOt'y not.e and Una mort,&(@. and uJd eoctA, th"rr-, tJjd u~ .hall ll(! IffitlH'diately due Rnd pay- a.bi~ and ahaH hot; iiOCUreG by the li~n of thill mort...... 7. That he wlU kH,P the irnpro...~mentA now ni.ltin, (;( ht~A.ttc!r ~r~t.t'd on the- mortgA~('ti propt'rtr. llUurM u may be rl!qulr'6d tr{Jm time to time by t.h~ mort.....&'" ..-ainlt Iou by nre And olhN hazard!', CUU.lliN. s.nd continit'ocit'lll In lud~ ~otlnt" and for Juch period. &II may ~>\' rt.'<lulred by fl)OrtililgW', and wiU l.1AY prompt,I;.-, when du<" any pr~rnilim.8 on Jych iM\H'&nC~ lor ~ymenl of whIch pr()\'I.~IOn haA not beoen fJ1A<Je her~ll\t>e. (on!. All hUl.lra.nct' lJ..~ilH be (.rruN In c(:">fllplWiel appro',('\i hy mor-tgill\l'1' !tnd t.~~ PQH('i~ ~!1d ~Mwjll. tnerwt ah..1I he htld by mQrtiAi" And have attached thtn-do iOM plt}'Abl(' dA~ in favor of ..nd in form AC'Ctpt.able to th<! mort,t.&,f!'e, In event of h" he will int.' ImnH'.hAt!' notice by mllll to rnortiAi'K', and mortgA~ may m&Xe pr~t or k.q If not made promptly by nwrtll8KlH. and ~ACh Irl1lUranc~ cornp.Any (,Gnc~m~ IA hl'ft'by authorlltod and directed to rnlilo:~ pAynwl1t fCor !Such I()M di~tly to mortJ{&j't"e ilutu.(1 of to mortgAgor and mortg..l'~ joit1t1y. linn lh~ in8uranc(' prll('('('ds, or "0)' part t.heN'lO(. mAY b.., applied by tMrti1i{'efl at iu option tlither t(.l the fMuction of th.. indlbt<,int'."ll ht'T1c'by IloKtlred or to the rHtontion or H'pair of the pr(J~)frty ctamAj'l'{1. In event of fore<!Oflufl' of thl~ mortp", or other tran.atotr 0' tlt!e to the mortj'agt-d property jn utinifuiahment o( thr Indi.'btt~dn~. __ur..n herd>y, .11 riiht. title} and int~reet of the morl'l.icr in and to an)' inAurllnce tx)!ICH'8 then Iii tf)rc~ t.h.a.11 pU8 to the pur('h&Mr or (T:ant.ec!, 8, That the m(lrtifll.geoe may. at any tim~ ~ndin1r & luil upon thi3 mort'.Ke, apply to the (Ollrt hav- ing juri4dict.ion lhH,~.'Of for the apPQiJ:L"iltnt of " ff'Ctiver, ~nd 81.1ch ~(lurt, sh311 forthwIth Iipjl<Jln! a r<<.(,ln~j' of the prernlA>:'8 C!j\'ued ht!r~b)' ..II &nd Ilnlul.u. includIng all and, alr1iulu, thl' inCOnH', prol1t4. lMUeci. And reVCllu.. (rum whatevgr IKHH'C@ duived. M(h linli ~vuy or WhiCh, It being eltpn:u1r lIndH' atood, t.a h~n:by mvrlS'&i:ed u jf ll~ifluHy ~t forth a.nd deaerH)(!o:1 in the granting Rnd np-bendlJm daul\('!l ht'foof, and auen receiver .hall hAve I.n the bro.ad and eflecth..e iuncUoflll anli plJwt'n ill llnywis(' ~'n\iU!t~'(1 by A court t(l A rf't--eiver. .nd lillcn appointment .hal! be rnad~ by Ruth ceurt IUI nn. ac!llllU,d tquity and i\ matt.er of ab....oiute right to uid mortt:Ai~, and without refen'llce to the l1di:'<IUIH') or liHJ.d- t'!QU&<'}' or tile v~lu{> of tiit' pro~~rty mortgl'lfCtd or to the Aolwmcy or ins.olvencj' or Mid mort1(axor or the d.-fl'odanu, and that &uch n'n~, prof'tta, income. luun, .lid rt<...~nu~ ahSiIl be Applied by Iluch r':('~'lHr accordini to the lkn of thi~ mortaAj'e and U\t prACtice of auch court. In tot' ......ent of an... ddault Oil th(' r.art or th~ mOfl{?"'ror h~r('und{'rt tht.' mortillgor a.r~ to t~.y to the rrwrtiai~ on (i.-ma!;!1 8.Jlll. n:as.Otl. able monthly tf'nt.. (or tile ')r('mllU~ An amount at I~t equlY&hmt t.O oo('-t wclHh (1/11) of thr l\iIFI'!P.t" or tho twrl'il' month!)' In.ttAlimt'otll p.a)'Able in the then turnnt Ye.iJ" pll,lg lhf ectuall1mount of th" annual tlU:~1 ~mfl1t.a, .....ater ratee, and tOlunn!:il prtmlum.. for 8ueh yur not u,vHt'tI by thf' l\(oH'Alid lnonully 1-\AymentA, 9 Tiw mn:'lj{a~or furUwr ((,;Y('n!Hl~'" that IIhuuld tt~1l1 mor1gjl.i'C ,lilld th~ nutt' M'('urt'd hud))' .llOt lw dlg'lblt, for In!turan(,f> unot'r the Nl'ltlOtlal H.OU!l7If Ad ~~Ilhlll. bV UHi's frum tilt' ,13t4J IltH'{'[ (WrlttA'1l lllal{'IlH'nt lOf Q.ny ottk~: IJ! HII' I-i>df'ral Houllf\i{ ..4..d.rnllil!\~ratl()n !;r 8i.llhorilt'd Hl{l'lll of th., h',1er&1 H()Ualn~ ('omIHtUWI1l'r (la.t~d aub81_oqut:nt to) the n( Or'\' t;L\' d tlnw from the datt.> of thl!l m(trt.a8~\'. d,'<-llninj.{ to Ifll\Ufe !laId notl" ann thil trlO}'1K_gl', lx'Ing d('~me<1 C'Jflciu&IVl: pruof of 'lurh Ill, d:lribiJ;ty). tiil' mortl1fil{('i' or the ~wlder of th~ note rnil.}', ~t itA option, dcd"fI.' alll\\llllll !W(:IJTI'tlllt'p..in lmm{'dlutfly rlu., Bnll psyt;,it!t' ' . 10, Tlll.t ('1) !Il Ow l''.('llt t:t un}' brr.!tch u( thi! mortQ'Iii('! Qr ddault (,n Ua~ pHf-l nt t1H' n""lt~at:CiJr. or (II) in th,' ('H'nt that any of iH<I(11Wlnl\ of money heri'111 rt<(erre,<i to i..~ not pr01llptly M:d Cully p~l!1 Wlt!l- out .il'fnJ11\l1 or JlotH:~'. or (c) In the ey~nt that I.'a.:h and f!'It'iy the sHpuiHlOn.a, agrr{,fIll.'ok1, tonditwiH, and cO\".'H!Flta ot Mold notf' a.r:d thifi murtg&l.f(', Are iiot duly, prtc.mptly, .\lI!1 hilly prr(lIIf1l1>fl; thftn III pith!',. (Jr BUY l\uch ('V,'nL Ow l!4id ~ilrrt'flJlle "\Am menUo!:eti lri Uold note thl'll rt'T1H\lllmi{ ulll"lld. With int{'n.~t RC<:rtH'il tij thAt tlnW, And fill lflonna MCUi"x! htrthy. Ilhall r<<om{~ du.(' ~wd l>.aj'~_blf' {otth....lt.l., or th"n'aft~r. at the ~lptlOll or ~id mOttgfl!f~'i!. M tully ~nct (ompletR.h' U If all ..If t.~{' "it! ,.,um~ of mOiler wt'n'\JrRiJl~liY~ ~t~pu~~t.t.'t1. v:, L~ p~irl o!lluch day. aoyth!:1A in f,II.ir\ not~ (JT Ii; thii! n~ortgtiKl' to the nJlltru)' notwlthAt.alidl"s, ~Ul'! th.:r~Ul;(,'n \.if t.n~N.;lft~r. at the Qj:.t~on or u.id morti'~'~ve, wlthouL r.otlC~~ or d..mRIir1, /jUlt at law or in f{,i,uity, way be pf(~~utl'td u H ~H tlH>n<<:ya &<r-eun'<J hl'n:bj' j,...d m&turt'!1 prior tv ItJl in!;!i- tU\I<if1, The rnortl(fif(N' may fon,('!'>:3(' th\l f.nortPS-<" u to tt.lt: .;l,.rnQ\mt w.(h>d&l.'~ du~ 8. nd pA)'4bll', and thf' Mid prt'ml&"~ .hall ~ fold to 8at!~fy !.nd pay tht Mffit: t:,.~t'th{'r' with ((',au, exp.'n~'~!. li.nd allpwllliu.I In (Abe or p!lrtl1il, foredo~ur{' or thl! ,r.ort~A.e, t};@ Il'Iorttf'i'e.d rit"erniE-".i\ ~}u~ll l)(' wId aubJI...~t tf) till' con- tlllllll1g lien (I( t11!~ irwrlJ(aa~ (Of the amliunt ul till; d~bt !lot thNl du~ anti unpAId In such ('!k1{' th\' pro viAimiB of tn!.!! ~'arAtfrJiph may apln be AVt\ilNi nf ther~atwr ft(~fl1 tim~ tJJ tlmp h)' tiu' mori;lllj(l's,', i 1, That the mortgi\i\Jf will give !mrn~iil't.e fi()tic~ by naO to Ow ffil,:Htp;u'" or any (Ut1w')"anu', trlln~{t'r ' Chafljfe of (.wofuhlp or the pr~i&e>a 12. TIa,t no Wl!.iVH of MY ~(lV~lant ht1~n or 01 th6 ohllj(S\tion ~lir~ hiinthv ~hif.i! al 1I!1:' tlll..~ ther~t.(>r he h.,hi to be a WAIver {J( th~ t~Tn'\.3 hne.:d or vi the nut.e "<<\I~i hn~b.r, .