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Home My WebLink About2085 ~ • . a~ote a~ad~ ~ WL~~mo~rt~e~. ti?e~w~ motl~~e +Md tlws aes4te 4te6~ jen~ted~ilwll oa~ ~ b~ ~U aad ~oi~l.b of aaid Waniroey It b w~deat~ood tbat tbs wad "awrt~s~oi's." ~?heti~ee ln tLs d~u~ oe N~ ~ri~~~~iis~ ! fh~L ~~et~~ ahaU be~tsk~es~tom aa~~i~. hee a~[ts~ w~bererwr tM ooo~tezt a~s ~dwi~ ~ ' Aad the Mortgugors hercby joiatly and aoven~py oovcnant and ~ree to snd with the ~[ortt~ee: i. 1~s pq? aU snd da~ul~r ths ~ineiPal aad taterat and ti~e vaeious aadwnde~ war ot ma~ey W7~ e7? ~ : s~id promiNOq aote aad tbi~ aart~si~e. e~eA aml avorf.~ ptl~l ou tAe da7?~ twP~earey tht aam~ ~wrsUx~beoonM TIw ~ 1[ost~asee~w ooUeet a"4te~a~e not b cuoeed an at eq~W to tMro pr aat~m (~!i) ot a~qr iAStaU t ot Wt uot~ ' l~ereb .eeurea whk~ i. ao~ wid wi~in tifce~a (ib) days ai~e~ ~be due date tbereot ~o oover Ws a:~s. e:~ea.. jp•dved u bRa~ ddiaquent p~U?meata. : ~ 1b pay ~hen daa aud Mrltbout reqnirl~ aotice tran Yoe~t~a=es all ard sGYNVr th~ bsaa, a~ewn~?N. levias. obti~atioti snd iaeu~abrai~ee~ d ereq? nsture and ~ aoM oa pid de~ccibed p~opert~ aad/or tliat Mreafter my? be Im- posed. autiee~od. Plaeed. levied or a~e~ed ther~wpoa. aad/or tlut Dera~tter uu~,y be kv~ed or aa~aa~ed npon tbis mortaap . and/oe tbe-iedebtedocas ieeured bereby eaeh sad ov~r7 aad ia~a~ar as aq~ Nise~eo~t is ot reooed ths a~as tbap b~ Pi'o+uPal , ~stLtjed ud dischse~ed ot reoord ~nd t~e u~i~in~! ot('~ai doau4eat IsueA as. for Inlaaos. the tas reoejDt or tbe atidactioe D~ ~i end~s~ed or eerlitled) sbdl De plaeed fa tbe bands ot n~id l[oef~a~es within tea dya as~#db~ p~n~a?t S. To k tha imw~ vements t~o*r e:ist[nr or bere~ttsr ee~ected or~ tbe aarts~ed W+oPetZY. ~~P~~ ~ ~ penoa.lc~ eovee+e~~y l[ in.ured as may be required [rom time ~o time by the lturyn~+es +~s,~nsc bsa by tt~+e. ex- i co~eraie and sueb ower~~~~u,a~ c,~c~..oa ~~n~ as awy be required by ltoeta,~ee aad w~ll pq? prompdy~ ~ wben due. an~pnau na~s oa n~ch iawranoe. All inweaexe tlhall be~in torm snd amouab aatidaetoe7 to. and in Inwrwnoe oom- , p~e~ a ved by the li~a e~6ee. wd the polkies and reae~rals thereot ahsll be held by l[ort~a~ee and hu~re attaehed tt~ereW loasp~y~ e dauses ia fa ot-and ie form aeccpto6k to the 1[ort~a~ee. In event of beu tbe 1[orttagoss vrill ~ive immedlata uotioe br msil to Y and 1[ory~s~ ma~r mdte proof o[ las tt nd made prumpt!r br 1i and e~ch tasuranoe oompa~ eoneerned i~ reb sutlariud and dirocted to make paymeat for weh toas dit~tl~~rt~ Inste~d of t~ ~ 1[ortraaors and 1[ortB+R~ ~~Y. and the ins~ranee p~+oosed~. or ~uy? paet tlrereot, ma~ be appljed D~ Y at its optiou ~ elther to tbe ndnetjoa ot tl~e indebtedness hcreby secue+ed or to the restotation oe np~ur of ths property~~~~+~ed- Iu eveat ot foreela~wr+e ot this tnort~a~e or cther transier of Lit1a to tbe property ia estin~ui~ha~t ot tDe IadeDtedae~s ~ecured l~ee+eby. ~ll rishR bue. aad i~tee~at ot the ltortRa~ori le to aap pol~ejes the~ ia foroe aLall pass to We pur- clu~er or trarrtee. 4. 1b remove or denwliab ea b~Wi~~ oa ~aid P~~ ~rithout t6e wrltten tot~ent ot fLe l[ort~~see: to permit~ oaa- a~it or wifer uo ~?ade. im~irn~nt or deteriontioa a[ njd p~np~etr or an~ part tl~ereoi and to 1~eeP tbe aame and impro~e- . ment~ tLee~eon in ~ood aadttion aud reWir. • 6. To pyr aII aad dn~ular tbe oosts. el~artes and esPe~• incl re~sonaWe lawyer'~ fees, 4~vyer~ dLburaenbnt~ - aad eod ot abstraeb a[ title. incnrred or paid at +uU? ti~e 67 the Yortsaaee~ a~ tl~e idlnre oa tbe Dart af the l[ostp?- A~ote a~nd t1~is m~oirt~0. ~ or ei~~er.~ abidd br e~eh ud e~r~rs the stipulation~„ oaditions and eo~ o? saW P~~17 s. Tbd ia tl~s avent t6e 1[ortia~ois fail to oe di~elu~ts'e n1d tase~. a~b. liaru ~nd iina~mbranee~. or ~~id oo~t+r. ebar'se~ aud expaues, or fail to 1~eeP said iawred oe to ddive~ th~ polkies. prarninn~s or fatl tu repair tbs nid pren?isa. as lweie aSreed. fbe l[ortgasee herPb~l wtborised at its eleetioA to pa~ aad/ac di~e iaid 4se~. a~w- menh. l~eas and inewnbranee~ or at~y past tl~eeaoE. topa~~ ~ald oosb. ehar~e~ a~d e~cPe~w. W pro~curs ~wd Wp for web in- ~urae?ee or to make and W' fot weh pales, witbout aq~r obl~?tiou oa ib part to datermina tbe validih? ce neeessity o! an1 • thereof ud ~ritbout We Nort~a~ee Mai or aifectin~ opuoa. li~, equitr or dtht under or b~l virtne of tbis mortgase: aad the ful! ~nwunt ot ead? a~d eve*r ~ p~yn~ent ahalt~ immediatel~ due andpa yable and ahall bear iatera~t frwn tUe date tberea~ unt~ paid at t?~e rate o[ eiaht p~ centumper aamun. std. tos~ether wlth meb interat. sh~ll be ~ecnred by the liea ot tl~is mort~e: bnt nofbiu[ bere~a oontained sAall be ooastrued as reqai~ t1~e Yartsa~e~ to advsnoe or spend moneys tor anp oi the purpa~es in this paraaraph meutioned. _ 7. 1Lat (a) la tLe event o[ aa~ brs~eh o~ thb nwstaa1~e or detwlt on tbe~~paet of the Yo~ag~ or (b) in the eveat anY ~ said wnu oi mo~ey i~erein referred to be not promptl aud fuily paid writl~n fift~? daYs nezt dt~ter th saa~e a~weraUy be- y u cane due aad Wrib1e. w[t1w~t demand or notia, er (e) in tLe eveat ead~ and ever~t t6e stipulatioas. oa~ditio~n aud eo~anb ot nid praai~ory note aod thi~ n~ort~ass, aay or eitbes. ars ~wt dn17 Deri~smed. eomDUed wlth aad abided by; thea. in either oran~ s~eh event, tbe ~id ~re,tate sum meatiaaed la nid prumi~o~~ aot~ tb~ r~atiain[ unpaid. wlth intet+e~t aectned. aud W mw~e~s ~ecured }?ereb~. shall beao~tie dne and pqade fortLrvit6. or tbesait~er. ~t tbe uPtioa of said Yort ~astid pnomii~- aad completel~ n it all at We said wms o[ mone~ wra:+e oii~indl~ stip~ ted to be on sud~ dy?. wrY aote or m tLis nar!~a~e bo the ooatrairy not~ri . aod tbereupou or ~~reatter. at tbe oj~~ the l[art~aaee, ~ritDoot aotice or danaed. iujt st lww or in egoi4jr~~~~ore ar tbere~ft~ OK~. ~y be pro~e~.~nted a~ it all moners •eenred 6enebr had no~tnred A~r to ib ientituhoa. 8. That ii a~ adt ~haU Ds io~tftnted to forse{o~e or retorm tbi~ morteai~s and/os to eoforoe pa ent o[ a~ eWrns 6era~ader. tbe 1[o~aaea shap bs aatitkd to appt~ at ao~r time ~ wd? suit, to tbs Ca~rt bs~ ~ri~diction t~er~wi for tbe apporntm~ent ot s Reeeirer ot the a~ort~ed PraPertp aud of aud aingu~ar tbs re~nt~. inoome, h. iraus and rere~es mereof feam ~fisterer waroe derived, aeh ud e~y a[ wbieh are eupred~ mortaased b~r ~i~ttument; ~nd it is bert~? ezPrerl~ oovenanted and sae+eed thst thereupan w~h Conrt ~lu~ll fortbwiW aPpoi~?t a Reca~er d~aid mort#a~ed u~~po~re~rs a~ud~du~s~reoei~a I~ea~es~~and appo3atmeat abaU ~~aads as a mstter~itx~ ritht ~to tbe Yo~a~se, aod witLant retez+enoe to tbs adeqaoe! ae ~deqnae7 0[ tbe valns oi tbe pe+upeetp herebs morta~'ed. or to tbs aolva~ or ldobeae! al tbe 1[ortsa~ois. 1~t Y a~oe~ l~n+eb7 ~to. trander and ~et o~er to Yorlia~~e, uD to the amaiat a[ tbe tatal indebtedneM . ~eeured be ~r. all ~a,wsub a~ damaie~ in cooaeetioo rsith tLe ow~deaaaatiaa ot aq~ of aaid propezb for,P~btie we or for i~us~ ~ to aay part~tbereo[. and tt?s pt+nceeds at aU w~ aNard~. atter P~l?ment a~ aU s~o~nable ~A~ u~*~. ~ludtnt fea f for attoene~s Yoart~aaee in any pe~uoeedin~ lu ~rhteh +n~ ~ueh swsrd is mde. aha11 be D~id to 1[oetaasee to be ~ applkd npon tbe indeb baratnder ia weh maooer a~ 1[o~s~es nW elak ~ 10. That tjme L a[ tbe ea~enoe d this ooatraet and uo wairer a[ au~ obli~atiou heramder or a[ d~s oblisatioo aeenred hsreb7 abal! st W time thnnatter be l~dd to be a wairer d fbe tesms 6arsot or oi tLe aote ~eeured bereb7. ~ 11. Withoat aifeetint tbe liabt~at petsoa (otber l~an an~ peesou t+eleaeed Wroant bento) tor pa~rnent a[ E ~ t~iealy~~ h~'l[~ortsasse r at~anp a~~ase a~nd t,omr ~ to~tim~e, t o~iatka~and wi~Wni~tion~a}i ~ to an~ 1e~a1 risht oe p~ivile~e ot Yartsatee: f (a) Rele~us aoy yenan llabls for pa~a~et at an7 i~debtedncr ~seurod ~enb~:(~ ) SYtesd tl~e tin~ or aares to ~ altes fLe tesms at pa~nt a~ aar of d~e iadebted~: (y Aeoept additioa~! sseudt~? of ae7 iciad: (d) 8ele~e an~ propeet7 ~ aeo~e~ooenD~r ~:(e) Coo~eat to tLe crsstiaa ot anr ea~emeM on or orer tLe yr~ie~ or aar oovenanb reatrieti~u[ ~ . 1L To d~l perlorm,~1y w?itb aud abfde b~ eaeh aad e~ the itipulatiow. oaditiow and ooveaaat~ ia tsid prom- tro~y aote aod In ~ mortsare ~et ~ortb. ` iS. As ~dditiousl aewrit~ N~e ltortsa~o*s do bereb~ tranter. adi~a aad ~et mner to We aaid No~t~aaes. its aucecs- ~ aors os a~sis% anp and dl t+aat~ aoMr dn0. or to beoome due oe tbe abare de~cribed Pe+emi~e~ or an~ ~ep~rste reata! premise tbereto. Mrhid~ ane dtusted ou tbe Wd abore ~e~cribed: wub reata to be cdleeted bs or at tbe dir~eetion ot ~ ~ ~rt~s~eeib ioeea~ors ar aa~i~u. aud tbe net peoeeed~ tLereo[ to be applied to tbe indebtedneM he~einbefore ~eeund. as aod ¢ w6eA~ tfie aaa~s ~6a11 bacome dne aad W?~rable; ard tor the purpae ot ewrry?int auc thi~ pruvLioa tbe Hortsasors do by t!?ae ~ peesents. ematitnte aad appolat nid l[ortsstee, or tbe a~eeeaors or aau~oa d tl~e said llorqtw[~. ~ 1ds. ber or their tew t aal I~~rtul sttorne~-ia-fact, tn edkct anr and a!1 renb !or said abore de~e~ibed pewai~p. esPe~e~ir antborjsiwt tbe 1[ort~a- tes or its s~on or ani~ns ~o r+ecejpt teasnts t6aefor. and do b~ tbe~e Pnaents ratify and eaaftne any and all aeb ot ~aia attorneT-ia-laet in relat~oa to tbe fore~oins Power. Fs € 4 • ~S F ~ ~ ~ ~ ~ . ~ _ . - -