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Home My WebLink About1977 Md ~hdl dat~~ pro~apR~f ~~~4 I~~Q~4 dbehar~. wnnb. sti~ek eompi~a. ~ompl~? wlth and abld~ b~ Mch and wsq ~ sttpnlatie~u. a~wm~ab. oond[tloas aad eohoiu?h ai aid promi~oq uo4 ssd oi tl+i~ nwutta~, tbsa i~ mw~ snd tlr ~stati btrsb~ ar~sted ah~ri c~w and b~ anll ani ~oid. And ttN Yo~a~or eoh~?aut~ a~W a~ews to snd with t6~ Yortss~ +u follo~n: 1. To p~,~ t~ prlneiy~l and inbred sad tl~ ~asion~ and snndr~ san~ oi monq pqaDb b~ oi aid promi~- aos~ not~ and fl?i~ mor~+~'~ Pi'omPR17 on !L~ d~s the pme becon~~ dw aad 1[ort~a~or wW Dz'ompW Patiosm aad ~ oompy with each and ~~as~ othat co~enant ~nd a~resmeat ia said promiso~ not~ and morts~s. . t To pa,~ tbs t~M. areamenb, Ie~IM, lisbllittes, obliptions and. incumbriwees oi enry asb~rs and lcind now • on said dacribed D~1~~Y. or tba! har~aiter ma,7 bs imP~. mtiered. plaosd~ kvled or uw~sd tbareon, or tLst Det+saitar mqr Ds lenled or ae~eaed npon thii mos4~~ or tLe iad~btednar weaead h~r~b~. when dn~ aad ps~sbl~ so- eordin~ bo isw. 1?afore tbe~ Dseome deUaqaent, and betors- aa~ intsrest attaebes or an7 D~n+1b i~ it~cnnrd. snd in~oiar as an~ t~raoi is oi reeord tbe same sLaU b~ Pro~nDti7 atbiied aad di~cbarsed oi reoord and tbs orisinal oitkial doenmant eviden~ snch aatisi~etlon and dlrchargr sbaU be pLeed In tLa bands oi pid l~Ior~ajes witbia bn d~ys ne:t aiter Pa7mei?t The eo~en~nb and a~rsemenb in tbit pats~rsPh sball not be aPPl~able #o t6e t~es and ~msn4 wbic}e are to b~ paid ont ot tbs iunds depodted with t~s Yortsatss naleas Lsreinatter ~et iorth. Aa to tazes kvied or asees~ed npon tbi~ mortaars or the indebtedn~ secursd hersbi, tbs l[ortsasor sball bs rsqaired to pa~ onl~ ~o mnch oi snch tua~ ior tbs Yortsa~se which, when sdded to t6s ot6er psymsnb oi intsrsst raqnired liarennder or b~? tbs Note it ~scnre~ wIll aoi ~ceeed tbs n~mum legal rate oi i~eterert tbsn in attect in t6e 8bte oi F1orWs. 8. To l~sep tha improvemanb now e:iatia6 or harsaibsr erseted on tLe mortta,~ed propert~ imnrsd asaind iop br f iire snd otber hwrds. ww~ltlea snd contingencia, inctudins war dam~t whansrer reqnirsd by tbs Yortsaaee, in ~ sneh amonnts and ior anch periods a~ my? be i+e4nirsd b~? Yorfsagea AD insnr~unea shaU bs wzted in oompanias aPProred by Yortgages ~ad ths polidas and rnnawals thareoi sball b~ bsM b~ ~iortsaa~ss snd ~ve sttacbsd thareto sfandard morp~a~sa elsnsea in iavor oi aad in form aaeptable to the Yortg~ee. In evant oi loes Yortsasnr wtll ~ ~ive imnaediate nottce by ma~il to l[ort~~ee. and ~[o~a~ss msY ma1~e p~+co! oi loes it nnt mads PmomPW b~ Hortaaaor, attd each inwrance eompaDy conearned b bet~sb~ antborl=ed aad dirsctsd to make payment ior sneh lo~s dtrect~y to Yortgag~ee instesd oi to l[ortaagor and ][orti~Ea+ ~Ointl7r snd tLs in~nraaee proeeeds. or W part t7~sia- oi. mpr be applkd b~r ylortgages at its option eitbsr to the rednction oi tlrs indeb~sdnes~ hereb~ sscnt+ed or to tbe : restontioa or rapatr o! ths property dameged. In eveat o! ionclow~+s oi this mo~ars or othsr triuufer oi tltls to • ~~rtB~Bed P~Pe=4 e~guishnnent oi the indebtndnaa ~eearsd hereb~, sll :tsht. title and intsrest o! tbs Yort gagor in ~nd to any inmranee P~cia~ tbbn in force aliall par to ths pnrcbaser or snatse. 4. To permit, eommit, or anfter no waste, impairmsnt or detariorat3on oi taW propatly os. an~ parb tharsoL In ths avent oi the failnre oi the Yo=tgaaor to lcaep the bnildin~s on said premi~es and ti~a~s to bs arected on dd premi~ss. or improvementr thereon, ~ B~ ~P~. tbs Yortgages may make sncb rspain as in hi~ disciietlon hs ma~? deem neas+ary for the propar pre~ervstlon drereo! and tbs tall amoant oi each aad aver~ sueh pa?ment ~haII b~ imn?sd6 , ately dne snd p~yable, and absll bs secnred b~ tLs lien oi thia mo~a~e. 6. To pay all .aed~ s;ngnlsr the ~osb. c]~arge~ and ezpense~. inelndins reasonsbb aRtorw~'~ feer. oost oi abtract~ af titia sud titia ~+ehss far~sr~d ~r g~ e~ ~ time b~ tbs l[orp~~es becsus~ oi tbs Lilnrs oa tbs part oi tba ltort- • E~Bos Pa'amPwY and fnlly to perlorm tbs ~greemanb a~ eo~enaats o! pW no~t~ aad tbls morq~a~~, and ~sid eoWs. ~ c~t~8es snd espansea ebsU be ima~ediat~el~ dns aad pprable snd th~ll be ~senrsd b~ tbe lien oi tliis mott~e~ and sach ezpenditnres sLall draw tnterest at the :sts o! ei~ht par eantam per snnnm. , 6. T6at (a) in tbe e~ant oi sny brsach oi thia mortaa~e or daianlt on tha p~tt oi tbs Yor~or, or (b) in . tbe event tLa ssid ~ms oi monay berein reterrsd to be not promPtb ~~14 P~ witbout demand or notlae, or (e) in tbe aveat tLe sNpnlattons, a~eemsnte, conditions and eo~?ensats ot isW nots a~d fbl~ morts~s aiu nat dnb. P~'omD~7, - and tall~ pertormal, tben in eit6es or an~ sach evan~ !he aid s~sbe wm msptlobed in saW nots tt~sn remdnin~ . nnpaid, with intsse~t aoeraed to tLst time, and all tnone~s ~eenred lssseb~. tbaII beeums dw a~l p~yabis lorthwith. or t~eereaiter. at tbe option of sdd l[o~ases, as iniqr aad eampktiai~ as ii all ot tbe atid mms ot mone~ were 0~7 ~PnU?ted to bs paEd on sneh dV. u?7th~nR in said note or in tbis mosti~s to tbs ~ontssr~ notwltbstandin~: and thet+eopon or lLeresiter, sL the optlon of pid Yortp~se, witbout notlee or demsnd. sait at hw or in equitr ms~ be prosecnted as i! all moneys sccnred l~ereb~ bad msLnred prlor to ib institation. 7. TLs l[ortgsaee msy. st aaytime wbIIe ~ aait L pending to forscloas or to retorm tbis mortsa6e, or to enioro~ any cliims arving berennder, sppl~ to tbs conrt havina f nrtsdktlon lLarnoi !or tbs appola~t oi a reoeher. and saeh oonrt aball iortbwith ~ppoint s raceiver of the premiw and a11 o~ar propart~ oo~ered inchtdia6 aII snd dngnlar the i~?eom0. Pi'o~b, ies~us aad revennea irom ~+batever ion~e de:i~ed„ and ~ raoeirer aball La~e vl tbe bt+oad and etiectivs fanet~ons sad powen in anywise ent~rusEed b~ s eonrt to a reoei~er. and saeh sppointmeat sball be made b7 snch oonrt as sn admitted eqaity and a mstter of abwinbe right to pid l[orl~aaee, and witlwnt reterenes to tbs adeqn~ or inadsquae~ oi ths valne oi tbe propert~ mortgated or to tbe ~olvene~ os ins~t~aney o! wW Yorpgar aor or tLe deieadsnts, and saeh taeome, pr~titr, renb. fasaes aad =evennes ahall be spplied b~ snch :eceiver aaording to tbe lien oi t6is mortgage snd tbs practice oi sneh conrk 8. Tbe l[ortgagor wAl give immcd[ate not3os b~ mail to the l[o~ag~ee of an~ conv~eysnoe, transter or eba~e ot ownarahip o! the premiaes or au~ prapert~ oo~ered Lereby. ~ Ii the l[o:~os delsnlts in an~ oi t7?s eovenanta or agrsemsnb coatsined ~n or in sa3d note, t6en tbs l[ort~a~ee ms7 Perio~ tbs wio~e, aad a11 snch e~panditare~ iuad~ b~ tbs Yorf~a~st~ incladias a rsason+ibls attoias~'s les, in so doin~ sLa11 dssw intsi+ert at tbs iste ai aight par eantnm psr ~anms e~nd abaU bs repqrabls immedi~bely sad ~vitbont dsmand, snd all sneh espsnditnres sLaU bs ~eearsd b7 tbe Hsn oi tMs mort~e. . ~ ~ 10. That no w~iver oi aa~ oo~anwt hu~eia or oi ~s obli~alion ~searsd Lerebf sball at l~e3d so be a w,a.~er o?. t~bs tsims j~ereot or o~i fhs.note ,e~nrsa bersbx. . ~7 wne tberealt~r bs 12. Thst t2sa ~ilfa= oi a~slL+tra a~ Qr ~~*~d_ :d~l_reasd to the owner ot rxord ot tba mortiased P~'~, oz diraetd to the aid owasr st tbs l~st add~ acbiall~ tarnithed to tbs Yortsa~ee, or dirseted to afd own~r at aaW ~ mortaaged P7'emises. ~ad m~iled bl? tbs IInitd $tate~ msils, shsll bs sniiicisat notks and demsnd in a~ ears arWn~ ander tbis insts~nment and rsqninsd b~r tbs p~mrLdon~ lrt+eoi or by lsw. i i$ That in or8~ mors toll~ to p~+oteet Hr ieeorll~ oi tbis mortaa~s, tbs Yort~os, topthee with and in addi- ; tlon to tLe awatblT p~~at~ nnd~r tLs tsrmr a~ tbe not~ sseared bareb~~ on tbe itrst dy o! eaeh moath nnd nntil taid , not~ is latl,~ paW, tMll pq to t~ l[ortsape, as imFallme~t o1 tLe tasas and aae~eb nud to beeom~ das apinrt . tl~s mo:t~d premiw, asd aa ~Silmsnt ot p~+emtams nest to beooms dne os ia~asaACa Po~ieie~ r4d~+sd b7 tb~ Yo~ } t~~ ~eh imtallmenb aha11 bs Mual resp~ctinb to aub tases sad area~en~nb aad intaranes D~amr. all a~ ed~- E mat~d b~ tL~ Yorttacs~~ lw~ all saaos atr's~d1 P~id t~ereon, dt~Wed b~ tb anmb~r oi month~ that u+~ to elapN b?or1 i ~ a~onth parlor te t6~ dst~ wban sneh taxes and aaarm~enb and insasaaes preminms wW bseom~ daa 8afd instsll- i ~ eo ~ 82 ~6 ~ - K.g.~ ~-..r,.