HomeMy WebLinkAbout0457 Te pl~a ~nd conNnuoud~r kNp on d~ buiWina now a IwNiw ~Nwt~ on wid I~nd and on aN ~qutpn+~n1 ~nd PMto~b b1? MN ~aq~ ~
pli, wld~ ~11 prNnk~M th~r~on pud N tull. fln MMw~np N Ilr wu~l ~Iwndwd polky fanb N• ww ~pprov~d b1? lhi MORTWIGEE. and windqon~ ~
N.w.~. M M. ~ a«~dwd ~oucr f«~, N• wn~ ww~ ar +~aTOiw~. ti wa~ ~y a~o~« « M. Maicru~ ~.y
dtr~ rwl all fln ~nd wind~ars MwK~na polklM on ~n~? af s~id buildr~~, an~? InNnu ~~in a pwt Nw~ol. fn tM pon~N ~ww ~fonwW a ~
N~xan dwrwf. ~h~ll oonlaln th~ wwl ~undard wwrpapN clwM a wd~ alw clww M ~M Matp+~ ~y nquini, nwkMY Ny laa unda ~wd poll~
ct~„ ucA ~nd w~rY. WY+W~ q wld MORT~iAGEE a Ib Inan~f mqr ~pp~r. ~nd wch and w~ry wcA poUa~r ~h~ll bit piaeptly ~u:pmd «+d d.liwr~d b ~
anp MW by uid MORTGAGEE a fvnMr Nawity a wW morp~p~ eMb. ~nd ea la~ 1Mn Nn 1101 d~ys In ~dvaoa of t!r ~xpM~tion of ~ad~ Pdk1?. b da
liw~ 1o uW MORTCiAGEE ~ r~wd tM~~of, wpaMr wUh ~ hatp~ ia th~ p~~miun~ of wd~ r~wab and tF»n ~MII b~ no fin a winds~am iawa~u
plaad on ~ny of ~+W buildinp~. ~ny InqrMt M~nin w p~et thK~of. unl~ In th~ fam ~nd with tM bat p~y+bN a~fon~aids ~nd M th~ ~wM ~ny swn
of e~w~wy b~oonwa p~y+bN w~ weh polky a pol'~s aid MORTGAGEE ~h+U haw th~ option b nalw ~nd apply th~ ~ a? aeaow~~ of ~ M+d~W~
e~w wcw~d hK~y a a pwmit said MORTGAGORS to noeiw ~nd ua B a+ny part tMrwf ta orF~ purposei, w~~hout rherabr w~iva~p a impain i
Inp ~n1? ~4vitp. U~++ ar ~ipht wdM a by vir~w d tl~ nwr~papp and in tM ~wm uid IIAORTGAGORS sMll fa any «a~on i~il to k~p ~M aW prwnisn a i
hwnd, a i.il a d.liwr promp~y .ny of ~.W polkta of Muwano. a s.id MORTGAGEE, a f•U prompty ~o p~Y futy any pr.mwm M.~.~« a ~n aoy ;
~p~d f~U b p~r(wen, dadurp~, pneu». ~H~et. eanpl~t~. Qomp1Y wlth and ~bW~ by NJs eownant, or any put ha~of, aW MORTGAGEE may plaa ud i
pay fa wd~ Irawana o~ any prt tM~rwf without wahrinp a aff~cUnp ~n1? cMioq. II~n. puitll. a riplu w~d~. a b~r virtw of ~his Ma~pap~. ~nd ths '
IvU MeowN ot ~sd~ and ~wry wd~ paym~nt sh~ll b~ imen~diat~ly dw u~d p~yabl~ and ah~ll bw infK„f froen tM daM fhK~oi until paid ~t tlr at~ of
nin~ pM pnlum pN Mrw~m ~+d 1op~lha with wch in1Kp1 sM~l b~ ~etvnd by tIM UM Of thi~ morfpp~. :
. 1. To PK~1t, aomn~it o~ wff~? no wab. YnP+km~nt a det~rla~tia? of aid p~opwty w any put tMnof.
S. To pay all and sinpula? tM aats. eMrp~a ~nd ~xp~msM Midudinp • r~awn~bb ~norTMy'~ fe~ ~ed aosb of ~nae» d titl~. Ineurnd a p~W at
anp tim~ by s+id N10RTGAGEE, becwk or In tM ~wnl d tlw taih~n on tM part of tM s~fd MORTGAGOR to duly. PromPth? ~nd fuly pufam. d'achup~t
~xavt~,. ~fi~ct. aomPl~t~, oomply with ~nd abid~ by Nt)~ and w~ry th~ stipulatio~s. +pr~ot~. oonditiom. ~nd oownana of ~aid promtuory noN ~d thb
~ mortyap~ any a ~itl~. and iaid casM, chup~s and ~xpKaa. ~ad~ +nd ~wry. ~h+ll b~ im~di~t~ly dw arw! p~y~bfy whNha a not tMn b~ eotia d?
. nww~, ~1tNnpt b aotlM a avit p~ndinpt and tM tvll ~no~xM of Nch aed ~wry wcA p~yn+a~t ~h+U bt~ Intwtat han th~ d~N M~rwf until p~id 1h~
wt~ of nMM p~r ceotwn px annwm; and all said oosn„ ch~rpa and ~xpens~s ir+cw~ad w paid, wp~thu with wd? IntK~st. ~Mlt b~ wcw~d by tM li~n of thi
. e~ortp+p~„ _ ;
' b. lMt In tM w~nt of any bnach of thb Mortyp~ or d~bvlt on tlr pKt of th~ M~ORTG/?GOR. a(b) h th~ w~nt any of wid wnN of mon~y j
hudn r~i~~d to be not p~omptly and fully p~id wlthin thirty (30) days nsxt aha t!w sarM s~va~lly b~cam dw and WY+bb, witlaw d~mand or notia. I
a W N tlw ~wm s~d~ and ~very tM stipvlular. +Or~u. caditiom ~nd aownann of said promts~ory not~ and tlws morq+p~ +n1? or NtMr ~n no1
~Y. P~~+P~h? Md fully pKfytn»d, d~sdw~ed, ~x~a+ad. ~ff~cNd, compl~ad. oomp~iwd wiM ~nd abitl~d Oy, tlx~ in tither or any wth ~wnt tM s~id ap~ •4
OrpaM wm m~ntiawd in wid promiuay not~ tlw? ~«n+ini^o w~P+fd, with 4~IKUt ~cuu~d. ~nd all momy~ wcured ha~bY, sMll aoorn~ dw and p~y~ t
~bb forthwith, a tMr~aher. ~t th~ option of sald MORTGAGEE. a fuly ~nd e~anpl~hly as H all of tM s~id wms of moeyy"w~n or'p'uNlly uipulated ~
b b~ paid on wch d~Y. anYthinp in wid promia~on? not~ or In tl~is Morqap~ to tM connary no~witMtand'npt and tha~upon a th~r~ahK at th~ option of
~id MOrtTG/1GEE. without nwia a d~mar~, suit ~t law or tn puity, tMnfon a thuwftu bpw~ may b~ prowcuted aa ff dl e~ys aow~d Iwnby
Aad rnahrnd ptqr to iM LWitvtion.
' 7. ilwt M? the w~nt that at tM i»ghNnp of w ~t any tim~ p~ndM~p arry wit upon this Maty~. or to fonclow N, w fo nform N. a to ~niore~
{ paymaa of any daimt Mrwndsr, wid MORTGI?GEE sl+all appy ro tM Coun havmp ~uris~ction therwf fa Hr appoi~niwnt of • R.o.iv.?. wch Courf ~t+all
_ hrthwi~h y~point a naiwr of said mortgx~ed prop~rty ~II ~nd sL+~ular, k~duding ~II and sirgul~r th~ Inoan~. profin. hauea and rw~nu~a froen wMtwtr =
wwa duiwd. ~acfi ~nd ~very of which. it beirg enpreasly undxitood, b her~by morq~p~d ~a N tp~cifiully wt f«tb and de~uib~d in t!N ~antinp ~nd `u?
~ h+ba~d~rn dwws 1»nof, and wch Reoeiva sh+ll Mw dl d» brwd and efieetiw iwKtions and po~wen in anywiw ~nuuit~d by ~ Cowt w~ R~csivu. and ~-i:
~uch apppintmN?t shall b~ mad~ by tuth Cowt u an ~dn?itted pvify and ~ mnhr of absoWt~ ~ipht fo ~+id MORiGAGEE, and wirhouf nhnna b th~
•d~qu~cy a~ Mad~qvacy of tM valw o1 th~ p~op~rty morty~p~d or to th~ wh~ncy or insolvancy of said MORTGAGOR w tM d~fandants, ~nd that wd~
rM~s. profiU. Ir~oan~, iaws and nv~nw~ sh+ll b~ applid by wd~ Realver acoad'inp to th~ li~n or puity of said MORTGAGEE and th~ pactia of wd~
~ Court. ,
~ - S. To duly. Pra^PMY +^d fvlh P~i«m. ditdwrp~. ~xKVt~. ~ff~ct, oompf~t~. oomplY with am! ~Wd~ bp Nch ~nd ~wry tw stipulatiorr. pnwn~nts.
' oonditioos arKi oovanants in said promiu«y noti and ~h's matpap~ at fonh.
;
9. Th~t M th~ rwnt th~ own~nhip of tM mor~p~p~d P~~. a+~Y P+~ thuwf, b~oom~s vwqd N a pKSOn oth~r th~n' th~, MORtGAGOR, th~
MORTGAGEE, in woceu«s and ~uipm, m~y, without notia ro Nw MORTGAOR. d~al with wd~ wooassar or woceuw in inte~at with ?~fK~na w thi~
+ maq+p~ and tM deW her~by ~~cw~d in th~ s+nN mwrt a with Mortpapor witiwu~ N any way vitistlnp a d'ncharpinp th~ Mortpapon' U~bility ha?
; w~der or ~pon th~ deW M..by saa,red No ul~ of t!r pr~ni~es hereby morpg~d ~nd no forbw.na on th~ part of tlr MORiGAGEE a tn woaswn
1 or auipro and oo ~~etMSion of the tim~ far N» p~ymMt of tM d~W hanby ~x~d piwn by tM MOR?GAGEE or Ha M+caeuon a assp% ah~ll op~r~b
: b r~+N. ~iad~~ modifl? ~ or aff~ct th~ aq'wwl li~b+lity of th~ MiOItTGAGOR haNn. ~itt~ in wlwl~ a In pwt.
10. h ts ~p~dfkdh ~n~d tMt tin~ is of th~ es~nu of N~ia oontlact and th+t no w~iwr of any oblip~tion Mr~r a of th~ oblip~tion w-
; ound iw~by sMll at ~ny tim~ N~er~after b~ hsld to b~ ~ wsiw~ of th~ t~rms ha~of w of tfr imtnum++t s~ax~d Mrby.
, 11. lo addition to tM fwe9oinp monthh WY~~ts of princ:pal ~nd interest rpuirid by th~ promissory note sccwed Mr~b~r, morty+pw oov~nM?+
: and aprees to p~y to mortgspe~ with each monthly p~Ym~nt an ~dditiwul sum estim~ted by mortpap~e to be equal to 1/12 of th~ anwi~l cost of tM fdbw- •
. .
A-All real propKty taxes I~vied or ass~s~d p+inst tl» abov~ dacribed real esut~. •
6-Premiums an f've and wind~torm in~wanos ~s IMrsin required to bt carried on th~ improv~menb situab on th~ abov~ datr~d pt~mi~. .t~
C-Pr~nwums on wch mat~a+D~ pua~nty &uurana as mortpapst th~ll from tim~ to tim~ d»en fit ro earry on th~ loan s~uK~d hweby.
Mortp~pe~ shall from twn~ to tN~r notify morty~yw h writinp of th~ amount dw ~nd p~yabl~ hr~undK and suth sum ahsll thM~vpoo b~ dw and r=
p~y~bM on th~ dw d~te of th~ next monN+~Y WY~~ and ~ach woastiw montFi tMrNher until mort~pN sh~l) notify mwqapw of a clwrp~ in w~d~
anwuM. Such awm thill bs applied by mortya~ towud th~ p~yrnN+t of n~l proputy taxa„ &uurana pr~niums. ~rd mortg~p~ pw?aruY MMUr+nc~
P~~
IN WITNESS WHEREOF, tM aid MORTGAGOR hat h~rwnro wt his h~nd and wal th~ d~y ~nar first foresaid.
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e.f«~. e» wn«ww ~vwand RAl nl~t A,~,~j•pgp~ ' .nd _
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9 T• QT~LY'~°9 Qli Ns wif~, a nw w.tl krwwn .nd known w m. a b. :
IIw Individwls dnerib~d b ard who ~x~ait~d th~ forpokip h~trunw~, ~nd ~drnoiwbdp~d b~fon nr thN tl~? ~x~eut~d th~ wen~ fa th~ purpw~~
Nwrln ~cpna~d. Md Mr •.ia Ann1 a J~ STl~l+ganrf `
vdf~ d tlr wid upon ~~~paraq ~nd p~hrNN~ :
uumin~tion by nr fak~n ~p~raN ~nd ap~rt froin Mr ~a1d FwsbrK~, b and b~ton nr MMf sl~ ~~uarl~d s~id fnatrunweM frNly and vokK?
hrilp and without an~? aompubfoq, oorrtr~irM, appnlwnsiay a iw of ot han ha sald Iw~b~nd.
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Not.rp vubuc .na fa. th. St.b d Fb.la. st l.rp.
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