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Home My WebLink About0014 ~ - ~ . ; ~ ~ •x - . . : . ; - ~ . ~ , • ~ , ! i . and in~onros paremianos. as t!?e we m~ wcb azoer shaU bs credited b~ the a~or~a~e oa snb~equeat ~ pqnie~o?~t tio b~ m~ds b~ tbe mostia~or.~i. bow~aror. ~ mon~ p~nenfir nud~e b~r tla nio~ot ~ a~d~r ib) a[ p~raprsph ! p~+eo~dit~ shaD nat b~ ~cL~t tio ~ ra~h, t~c~es and ane~aanent~ ~ and inaurana_ _pramiam~ as th~ dw au,~ b~, whea th~ w~e beooaN dw aod p~then the : mott,~r sdsu py to the t~a~e aq~ ar~oant neoe~ar~ ~ mate np t4~ ~Y. oa or ore the ~ date whea p~nent u~ snch jp+~onnd~ r~ts. t~uces. aaeeesment~. or insnrmos p~mimas s6a11 be dua Ii - at aq~? time the niort~a~or a1uU te~der to tl~e most~ii~s in aooos+dst?oe with the provis~ons oi the not~ aecured hereby. inUp~men t o~ t~s enti~+e rept~esented tb~et+eb7. ths mo:'t~+~t~ee a~u?11. in oom- ~ pntins the amount cd wcb indebfiedneis. credit to the aooount o~ the aiort~a,~r sll b made under tha pravisioaa o~ s) oi p~u~a~raph 8 hereoi wLich the n~c~r~ has not beoome ~b~~ted t~PU? to the Federal Horisin~ and sq~r ba4noe re~a~iin~in fnnds aocumnlsted nnder the provisions a oi (b) af saidp~r~raph 2 Ii there ahall bs a deiantt an~r o~ the p~+ovisions oi t~his re- - ; sultin~ ia i pnblic ask ai the ps+dmi~es oovered hereby or it t6e nart~a~ea aalnirea the~property er~ ; wise aiber deiautt. the ~e ahaU aPPb?. at the tfine oi t~e t oi wch or at . tbe time the pro iaa~hepirw~ss aoqnired. the balanoe thea r~e~aatnio~ in fhetnads aaum~under ? a~id ~e ahaU $PrpoPer~?~~ ad~nst sW? P~lvm~ts~w~hi~ch shsll ba~ beencim~ade nnde~ ta~~aaid ~Para~raPb. ~ ~ 4. T6at hs will p~t all tues. aeeeeame~b. wates sates,~ a~l other ~o~vernme~?tal or mnnidp~al char~es. ~ fina. or impositions. ior which provLion has nat been m~de hereinbeforq~ and in definlt t6ereoi the mort~ ~ i ~ i~ m~V P~11 and tlut he will pro~mptly deiivet the o~ci~tl reoeipb tl~eretor to the mort~a~ee. i br That he will permik oommit~ ar snSer no waste. ia?pairmeat, or daterioration ~ said propetty a~ ~ ~ • a~U? thereo~: aad in the avent oi the iailure oi the ~to Iteep the on saia prenniaes ana ~as to be erectsd on aaia premises, or improvemen~la tCieTeon, in gaoa re~jp~ir~ mor+,~ca~ee nw ~ n~ ~ r~~.. ~~t. a~tton ~t aw? a~ n~.rs tos t~e n~+or~r pr~n?att~ rn~r. and the '•`-ihn amonat or e~ch ana a~? and? p~y?menL.han be immediars~j? aus ,?na p~ysble, ~una .6au be aecut+ea by the lia~ a~ tbia mo~e~ - - - - - - . That he wiU p~y all ~d ~ ths oosb. char~es. a~ a~cpewes, inclodi~~ re~soare~soaabb ls~s i~s, snd oa~s o~ abstracts ~ tit~e, ncurred or paid at aq~ time by the nat~ because oi the i are on the psst of the mort~or PranPtty snd to par~arm the a~reemenb~ snd oavenwta of ssid proaa- is~or~ n~ote and this mo~ ~ a as~~i~d isooats.~~c~sr~e~. snd e~pen~es aball be immediate~jr ane snd piy?- abk and atual be sec~red y mort,~~+e. 7. T6at he ~rill the imp~rovements now ezist~n~ os het+eaiter a~+scted on the mort~a~ed Property. - inanred as•m~ be ra~ iyc+om time to time by the n~ nt~i~ee a~ainst losa bY 8re and other hasar~da, e,~nalties. ind conttng~encies in ancL ~uoaonnta and for a~cti perlads as mqr be reqnired b~ mortgag~ea and will p~ypranptly, when dn~e, sa~? preminms on sucL insnranoe ioar t a~ whic4 pr~vLion has aot been made hereinbefore. AIl insntywoe shaU be carried in ~om es sPDroved bY n~or~ee ana - - the pqlides snd rene~vals thereo2 ahsll be held by n~ortaa~ee snd ve attached thereto bes psyable ~ ~ u~ ~r ~a~ ~ i~ ,~pt~ie t~ t~ m~~~. ~ .~t or w~. ~ .~n ~ea~te • notias by mail to nwrtSa~ee. snd mort,g~ ma,y make prooi 6f las ii not m~de pr~aPt1~Y b~? mortgag~r. and e~sch insnrance co~?psRy concerned hereby authorized and directed to malce paymeat for anch icss directl~ to mo inabead ad to mort,~~,got ana morlk~~~ee joint~y. ana the insurance prooeeds, or an,y nart ther~of, ~applied by mortgsgee at its option ther to the Y+ednction at the indebteduess . ' hereb~ se~ured or to the restoratian or repsir of t6ep petty dama~ed. In e~?eat oi foreclosare oi tti3s -~nart,~s~s or other triu~sier of title to t6e mor~tg~ed properl;~ in is6ment oi the indebtednees ' ~ecAred hat+eb ,~il ' .title. and int~es~est_o~f-the mort,~ago~in and to an,g- then in-foroe - ahsll~ p~as to ~ puri~er or ~rantee. 8. Thst t~ m~oi#BaSee m~1?. st sqY time Pe~din~ a suit npon this nw ~e. ~pply to t6e: court hav ing ~nrisdtc~on ~f for the appointme~t oi a receiver. and anch oonrt~~ s6i11 forthwitti appoiwt a reoeiver oi the pr~nises co~vered hereby all and vfn~ular, inclndin~ all and s the income. profltsr • iasnes, and rgvennea fraan wLatsvar iouros den ~ed, each and e~rezy o~ which, , t.beint ~P~1Y atood, is hereby mort,gaged as if s;pecifld~lly ~et forth and deecribed in the~raahng and habeadmn clsus~s ~ he~~eaf snd anch reoeiver shall have aD the brord and e8ective t~wnc~ions and powera in anywise a~trus~ed by s oourt to a reoeiver, and snch appoiatm~at ahs31 be a~ade by anch oourt as an admitted eqaity snd a matter oi ab~olute ri~ht tu asid mortg~ee, sad wit6out relerenoe to tbe adeqw~cy or inad- eqa~cy a!-the vslne o~ the property mort~aged or to tt?e solvency or insolvency of said uaortgagnr or the defendanta. and that such renta, pro8ts. incwn~ iasues, snd t+eveanes aluU be applied by such reoeiver aooo~to the lien af this mortgage and the practios o! auch c~anrt. In the evea~t o~ any defsnlt oa the ~ part oi ~r~ga~or hereunder the mortgag~or~r~a to p~y to the mo ~g~e on des~nd ss s reason- ~ able manffilynureataT for the an amamt at least equivalent to one t~r~~ e)fth oi the ~ate ; oi the twelve monthly enta pa~,yable in the then currant ye~r plns the actval amount oi the annusl tas aasesameata, arater rat~ and insaran9e premiums ia~r snch yesr not co~ver~d by t6e aforesaid ~ mc~~ pa~ymenb. _ . - - . 9. The ~rtgsgor further covensnta that ahould thia nartgsge and the note secured hereby not be ble for insarance under the Natioa~t Hoasi Act wit6in lran the dste hereof eUgi a t ng ~pp~y~ (writ~en atatement oi sn,y o~oer of _ the Federal Housing Adminia~iEOtti~ibn or sathorized ag~eat of the Feders~l Housing Commisaioaer dated aubsequebt to.the ,~n c~ time fran the dste of thia mortgsg~e, declining to insure said note and. t6i~s -mortg'iS~ l~~i~eemed concl~uive proa~ of aach in- ~ eligibility), the mortgag~ee or the holder oi the note may, at ita option, dectare all aums sec~red hereby immediately due and ps~yable. - 10. Tbat (a) in the event of an,y br~ch oi this mor~t~sge or defaalt on the prut o! the mortga~or or (b) in the event that ~ny oi asid sums oi money herein ierred to be not Pt+o~r?Pt13? und !'nlb? P~aid w~th- ~ ~ out demsnd or notioe, or (o) in the event tlsst etch and every ~e atiRulations. agre~enta, o~nditiona, ' and covenants oi said note snd thia mortp,ge, are not dnly. promp~ , and fully periormed; ~then in ; either or soy auch evenk the ssida~gr~gate aum mentioned in ssid n~e then renn~inin~ nnpu'd~ wlth € intereat aoc~med to that t~ime, and aU ~noneya aecured her~y. ahsll beoome dne snd pa~abie iorthwith, ~ or thereafter, at the option of asid mortgsigee, as inUy and oompletely as if aU of the s~id iums oi money s were o atipalated to be psid on wch day.a~y thing in said note or in t6is mortga~e to th~ oon ~ ; notwith~~; and thereapan or t]~eresiter, at the option oi said mortgag~ee,'vithont notioe or densa~ ~ ~ anit at Isw or in equib?. m~? be P~rosecuted as if sU moneya aecnred hereby had matured pr~or to ita inati- ' ~ tution. The mort~ag~ee may foreclae this mort~s~e, as to t6e smount so declared due and and ~ ~ the asid pre~nises sh~ll be sold to astisfy ~nd p~y- tFie asrn~ to~ether with costa, eapenses. ar~~ a~ilow -iix~es. E ~ In case of p~at~tial iorec3osnre oi thia mort,~aQe, th~ mortQa~gpd Premisea ahsU be sold sabject to the oon- ~ tinain~ lim oi tliia mortga~e !or th~ ~mount oi the debt not then dne and uapsid In anch caae th~ pro- ~ visions oi this ParaSr~?Ph msY a~ain be avsiled o~ thereatter irom time to time by the mort~e~e. . , 11. T~tt ths nrort~g~Or .?in ~3,ro imaaeai~?te no~ce b~? m~il to tLe mort~~1F "`~9`~3 ~ transier, or chan~e oi ownerahip oi ttie premiaes. , ~ 12 That no waiver ot aoy aoveaant her~in or o! the oblisstlon aewred hereby a6a11 at aoy time ~ t6ereatt~r be he3d to be s waiver oi the terans hereoi or oi the note secured hereby.