HomeMy WebLinkAbout1501 . _ . . . ' • ..~'ti . ,
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3. To pl~a and cawMwawh ~P on d» buqdM~s ~ew a I~t+~r Wwb on ~+W bnd ~nd ai slf p~andh a~owr~el. M~~~Y'
a~ wilh iN PrM~ IhM~on p~W U Arl{r M Mrw~no~ Y1 NM Ww1 ~1~nd~rd Polie~I ~Otn~, M1 • f1Me ~pprOwd bY tiN 1NORTGAGEE. and wMiduOrn~
iwwano~ 1~ tIN wwl q~nda~d Polkp ~a~n, !n ~ w~w pp~ov~d b'y Ih~ NYORT(;AGEl, M~ wch eompM!? W~omP~~ M tM MOR1GACrEE n++Y
~nd aN Hn ~nd wind~~am M~wMa a~ ~n~? of s~W buileii~, ~l ~ tlrnM a pwt: thw~. M+ iM ~p+la d«
aW~pol~ •
M~ ~xaa ~Me~ol. alMil oonnin NN wwl a«+
~nwrq+~ ciau~ a wch aMr dwN M d~ Morq+~ m+~l ~v~+?~ ~+~ro,
dw «ch «d w«r. a+r+~ a••W MortTCil?G~ aa ta Un....~ ~a.r ww~. •~d ach a~d w«~r wd~ po+h~r .MU_ b. P.anp*N +~s:p~d..~d d.t~w..d ro .
an~ Mld by uid M~ORTtil1GEE ~t tunMi ~cwit~l 1o NW mapp~ d~b~ aed, ~of lili tMn bn,(;0~ d~y~ i~ ~dv~fi~a ef th~ ucpkatfon of wch policY. to d? ~
Ilvw a utd MORTGIIGEE a nMw~( fhwwf..lopMlw wNh ~ e.a1p1 fa 1M pninkin~ of weA nMwa~r and, d+~n ~tl b~ ro fir. o: wk~daram Nauraric.
plaad on ~r of satd butWr~, aw ha...st tMntn a pKt rlwnoi. w+la~ tn tM fo~n~ and wuh tM toa pay~bN as .fo.a+ldi.and tn eh. .wn~ .ny swn
ef ~a~r baa~~ p+~r+W~ wd~ weh polky or polid~s said MORTGJ?GEE ~11 h~w eM optioA w natw and apply th~ uww on ~oaow?t o~ th~ ted~brd~
, nM~ s~tYad h~nby or q pKteM Wd 1NORTGAGORS to ercdv~ N~d YM lf Of M~y Part tMrsol fo~ OthM pWpO~a. wlthwrt 'thNeby waivl~g o+ unpain
~ M+71 ~4~1q INn a ripiq u~Nla w'~~ vktya-of ~hi~ n~oMpapN ~nd In tl» ~wnt s~id MORTG~AaORS ~h+ll fa any rwwn faq ~o kap tM s~id pMnisa io
raund, w f~tl a d.1~ pron~p,rlr.m~r ~of ,wtd tidida of Maurana w w~d N?ORiGAGEE, a htl ~1y w p.y ivlN «~r p.m~n ~Mr.fa a tn .n~r
nsp~d htl b pwfanq. d4ch+rp~, ~awM~ tH~ci. con!Plit~. complY wlth ~nd aWtl~ by tNs aown~nt, or anY P+h IM~wf. aW MORTGAGEE nWy p~~ Md
pay fo? wd~ Mwx~na a an~ p~rt tAwrof w»hout vwlvM~ w aff~di~q +n~? aMia4 ~ian~ or rfpM w~ a. by vir~ue of thb Mwro+p~ and tM
fud ~nawN of ~ad~ and wur wd~ p~1 sMH 6~ ~si~iy dui a~$ ps~iabla snd s!~!! b~ ~ frosn tM dass lhsreof untN paid a1 Ih~ r,?t~ ol
Nn~ pu amun~ P~r ~nw^~ ~nd fopNlwr with'~iKll 1M~nst ah~U b~ waK~d b1? th~ Q~n of M~M maty+~w
" Te p~rmlt. oo~m+ir ar wH~? eo w+at~. YnP+h~wnt~ a dNKloation of said prop~r~? or an~? pwt th~rwf.
S. To pnr ~p ~nd aMpubr tM cat~. charpM ~nd M~q • naon~bb ~twr~rY'~ tw ~nd oa~s of abstncq of Nd~,, iKwnd a pdd at
any t6n~ b~r uW MORTaAGEE. bew~ a ~n,ti»,wrnt of th~ faituh an th~ prrt of tM Nid MORtGAGOft eo duhr. PromPih +++d ~+~h PQ*~+. d~d~+ro~
' ~x~a~. tH+c~ compl~hr. ao~nplX with and abid~ b~? ~ad~ ~nd rwry tM sttpulation~, ~pn~b. ca~ditiaw ~nd oovan~n» of uid promis~al? eoN and thb
~nat9+p~ +n~? or ~kkha. and aW-cas~. clw~y~s a~d ~~P~~, ~h ~d ~1?. ~q b~ Inr*~di+ah? dw +nd WY+btu wM~hu a not N».~ b~ eo~ia d~
nwK1, ~tNmpt to ootNd w wit p~ndtnpt and th~ firU ~na~nk of Nch and ~wry wth p~~M sh~ll bNr ~ Mtu~s1. sh~ll b~ ~ by tlr ~ of tl~ia
an of nIM pw anh~n pa ~wmt ~nd al) ~aid aost~, d~~a a~d exp~n~u 6~awnd ar Wld. top~thK
~p~ . ' .
b. T1wt W In 1!~ wM/ of ~nY txMCl+ of tl~ Matp.p~ a d.fauh on Nr pan of tM MORn3AGOR. or N) tn tM wsnt of s.id wn+s of nwn~y
• Mntn ref~n+d ro b~ no~ proji~ptly ~nd f~lly piW wtM~tn thirty AO) d~ys nuct ~itw tM ~n» ~ev~raly b~oonr du~ snd P+Y+b1~ withow d~mw+d a notic~.
a W tn th~ waN ~ad~ and wsry th~ stiPutatioa. apr~x^t~. oaditions and oow~w~b of wid proiniao+p not~ ~nd tha maq~ +~Y w Nthu ~n nw
F p~anpthr and tvlh? P~~. daclw'~d~ ~xeai~~d. ~ff~chd. oanPMhd. eomp~wd with and abW~d hr. th~n In eittiu a~ny wd~ we++t tM w~d ~
E r~ip~te x~ n~ntia~! In sald promis~ory rab tMn nrnaink~p w~paid, wNh int~st ~oorwd, and all moe~y~ t~cw~d M+ebl?, tlrtl b~go~n~ dw and WY~
f • ~bb f«thwrhk or tl~e.sah«. et th~ option of s~W 7NORtGJ1GEE. +s fi?Ih? Md oo~pl~t~h a H~11 d t!N a~id wms of moiwr vwn aipin~lly alputated
w b~ paid on wch d~y. ~rtl~inp in aaid pron~iswry eaN a In Mis Maqp~ to tl~ oontrwy eo~wlthat~ndtnpt and tha~vpon a MenaitK ~t rhe option of
uId MORTGAGEE. vrMMvt noHa or d~n~id. wit at law or tn pult~?, thK~fon or tMrMfNr bpun, nwll be P~a~a+~~d a ff all momys s~a,r~d FiuusbY
IMd nwturd prior to i1s Matitution.
7. ?hat in th~ ewM th~t at th~ b~o~~0 of or n any ttnr pMdkq an~? wit upo~~ ~hlt Maqap~,, a to Tw~tloN h, a to nfonn N: a a eniwa
p~r~nt of ~q? datna iw~r. wW M~ORTG/?CEE shall apply to th~ Cour1 I+wirg ~1on ti~erwf fa ti~ appoim~n. of ~ if~aiver, wch Ca~r1 a1Nt1
(orthwith appoht ~ naiwr of saW nart~~pd propMtr all and sM~pular. M+c4+d'r~ a~ ~nd ~4~yular th~ M~aoaw Profia. 6awi a+d nwm~s fian wFwttwr
~ soura dKiwd, .ach ~nd w«~r d whiel~, N b~ino ~xP?ealY undustood, h h~nblr narq~p~d M N ~paific.tly wr ia~tb and d~w~ed tn th~ yanrtnp ~nd
h+b~b+m clauNS IMnof. ~nd wd~ R~atw~ sh~ll Mw all tM broad and ~ff~diw iw~ction~ ~nd po~wMS In ~nyvvis~ ~t~d by ~ Covrt to ~ RsoHvp. aw!
pKh ~ppphqm~nt shall be ewd~ b~? ~uch ~Court a an ~dnitf~d ~quiry ~nd ~ nytt~r of ab~o1~A~ riphf b ald MORt(~AGE4 and whhovl nt~n~oe to tl»
~d~qvacr a lmd~qu~cy of tM wtw of tM prop~rly mortp+p~d w to th~ solwnc~? a imoMa~cy of~ saW NWRiGAGOR w th~ d~fa~dantt. and ~t+a~ wd~
r~nb. ProRq, Inoom~. itsws and nwrwq sh~ll b~ appli~d b~l wch R~aiwr +oooodin0 b tl~ li~n w p~~iry of aaid lNOItTGACs~ ~nd the pnttia d wd~
Court.
c . a, To duh?, v~b ~~h? v~«~n~ ~o~. ~xwrN: ~ft«t, coMpbh. oandr wttA and ~btd~ b~r «ch and w~r~r t1» atpulaNom~, s~r«nwnn. 4;,.
aondkions and ao+raNrns tn ssid pea~nis+ory ~~nd thi~ mortpap~ set torth. °
4. lfiat tn th~ w~nt tM owmnNp of tlw mo~pp~d p~wnMN. a Mq? P~rt tl~nof. b~oonws wit~d In ~ p~rwn al~ than th~ N10RTQJ~COR, tM
MORTGAGEE. bs wooessws and ~+ipror ewp. withaA ta~ioe w tM MORTGAAR dwl with wd~ svaoNSa a waatw Ll ira~eq with ~ena w th4
mortpp~ and tM d~bl Mnby Ncwed N ths sanN mw+rnt as witl+ Map~pw witMut h any way vtti~tkg or dlsdwplnD th~ AAorq~po~~ IlsbqHY M'~'
unda ar upon th~ d~M Mnby s~a'rad. No wl~ of th~ Pronises lw~+b~r mw~p+p~d and no fo.bwano~ on th~ pat of tM MORTGAGEE a its wcasaon
« a~sipnt ~nd no ~xNrrion of th~ th~e fa th~ p~rmMe! of tl:s ~sbt lr~eby +ecwed Q~ b7 th~ MORTGAGEE a ih wooawn « aai~~w~, sh~n op~ran :
. p n1w~, ~r9~. mo~ifr d?+np~ or ~ff~et th~ ori~ierl liabtlitr of tl» MORiGJ1GOR h~nL4 ~itMr In wlal~ or M pan.
10. h M sp~dflcaUp ~Md th~t ttn~ h of th~ ~stM?a of thk coeaacf and th~t no walwr of ~ny obUpation IwrM~ a of tlw obliyation s?
cur~d 1w~~b~r ~11 ~t any tin~ tl~afN? M htld to M a waiva of tM t~rna hwof a of th~ InstnrnaM s~cw~d Mrby.
11. In add'ition fo th~ iw~poi~g moMiJY P+Y~~ ~ P~~WI and lmaat nquind 61? tl+t Pra^+is~wY not~ s~aind Iw~bY, mortp+yw aovetints
and pnes to pry to mortg~pe~ with sah ma+tNy p~ym~nt ~n addiYwnal swn atin+sted b~r eeortpsp~e to be ~qwl w 1/1~ of th~ anrwsl aost d tM folbw-
~ ~ ~ -
/1-/111 rwl propaty tax~s Iwied or uwa~d a~stnst the d~or~ d~wlb~d rwl ~stsN. '
6-Pnmiunw on fin ~nd wind~tonn frowana ~s Iwrdn rpuind b b~ cwri~d on th~ iaprovMmnts sHwt~ on tIN abow d~wiMd prMniw~.
C-Pnmlums on sird~ maf~+p~ ~uaramp i~xana ~s n+orrpap» ~11 (ran tim~ w tinN deMn fie to wry on~th~ ban wwnd Irreby. -
4Aorp~ sMtl from tim~ ~o tin~ notHp mortp+po? in writinp of th~ ~nount dw and piy~bM Mrwnd~r and wch wm sh+ll tMrNrpon b~ dw ~d
piy~bi~ on the dw daro of tF~e mxt monthly P+Ym~nt and Nch woo~ssiw momh t}~twfta uMil n~ortq+pN shall notity matp+pw of • ch~rg~ tn wd~
amown. Such sam sh~ll b~ applied bf~ ~ eoward th~ WYmaM of ns1 prop~rty tw~„ hwirana pnnm~nt, and mort~+p~ ~uaranlY Ywx~a
P~~
IN VYITNESS 1NHEREOF. tM said MORTGAGOR ha l~eunto set his Fund and wsl th~ d+y ~nd yyr fkst ator~ssid.
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drfon nw pasawlly s~p~w~d T M ~q„~a~.~a ~ ~ _ and
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thi G+dvidu~b davib~d ln and uneut~d t6t farpoiig lnanuawi4 +~d aekrawbelp~d befon n» th~t tMy uuarNd th~ ~an» for th~ purpows
E ~ Nwreh ~o~pn~d. Md t!r
,wtr. ot „b ~ • - M. ii+Taters , _ ..re., . ,,e..... .~a e.h,.e.
~zan~»tson br nr tak~n s~parst~ and ~part from Ir said IMab+nd. ~duwwl~dp~1 to and b~fon n» tlNt slw ex~a?ted s~id tnatrunwnt fn~ly and vohHr
tarilp ~nd withou~ a~r aompvlsia4 ooeatrainy +PPr~ fwr of a fiae ha s~ld lw~bad. 6
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