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Home My WebLink About2494 ~ ' ~ ~ . . ' ts~a a asaw. aoan,~tarr s4mp~ ts tiw amo~mt spu~e~d b~ Lw aer ~tl~d to tb~ ai~lnal ot t2y t~or~ote~ aob wd caaoelbd puernnt to Lw.) , Aad sbaD pcomPW aad lUib P~i~o~m. ~a .ocaute. ettect. co~nWeb and ~ wlth u+d abid. b~ ' e~oh aad rve~ry tl~s ~tpulatiaH. ~t~ oandltlon ~ib oo~nb at add pe+omlMOq aot~ aad thts ~no~t~~. ~ thfs mott~a8e aad tLe e~tate hereD~ 1x~eated at~all oeass and be m~U and ro1d. ' t AAA ~ f[O!t$~'0! 00\?eOaIIfa Wa ~Z'~t~ LO ~11d wlth ~~LOI'~jOt1 M~0~101i~: ~ 1. 80 ~Y~Il ~0 a11d ~A~ ~ ~18 11i?~OU~f t11d ~ ~[1/ Ot ~ ~1i~0 ~ 11~l~IM Ot Mb ~~E~t~Ild eYip~ p~OOYlA<A~~tpl d 11$sI~ORQ10Ai 11l /i1t1 p3'O~Ot~1 ~ illd 1nOt~~l.~~ ~~fld OOIO~ • 'j. $O ~Illl ~~l~, il~E~~1h, I!'Y1lfr yiblll~ Ob11g~~10Of iild 111~ ~ OY~? ~ alld ~~lld 110rI Oil /a1d ~ pI'OQOT'L~?• 0! ~htt !1![~Ot~! iD~ b0 ~~0~~1~ /11~0~+0~. ~1~~. 1d~~ld C! a~l~ f~'000. Q! beeeatt,sr ms~? be lavled ae assmsed upoa thts ~~d+~s ae ths ~weo~e~ew iec~tred . Mrh~ du~ and p~U?abls ~ooozd- iog t~o law. beface tbey beooms dellnquent, aad befoe~sa~ lnterest att~w or ~~t,~ ft facure~ed: ~ad ia ao ~ar a q~ th~rea! L d reooe~ tbs wns sball bs P~ satistled atd ~har~ed ot reo~e+d aa~l tbs ae~lnal a~klal doaanent avWandng a~uch saddactba aM dlscAaR's ~11 bs P~~ in tAe ~ a~nld vrltAfn tea d~,ys neo~t aft+er p~- menL Ths ao~venaab aad ts ia tblsp afu~ll not bs ap~iCabis~ta~ce~ and a~enb ~hich an to bs paid ont o! tbe funds o~lted arlth tbs ]~ar~es ~m8er t~ teraiu o[ pae~asnph 4 d tlie~s au~rso~ab and agzes- . a4aab. ~ a. Hs wiri t~s ia~pr~remanta no~w eo~i ~ hereatfAe ere~ed m tbs moctpged P~'~~1 ~~f+~ 1or by !!n and otl~ a awltles wd oanU~o~ in wch ~mamb and tae a~ch perfocL y m~Y b ~ ~[~~t~~e, wll i~uwranoe bs nrded m ooaapanta app~ b7 ~B~i'~ P~~ and rmea+u~ thersot abaII-b~s ~~eveat atlos~ h~s wW i~mmedia~4 notf~os by m~W L~~ in !a ~o[ and in ~~~O00~ks b~e~ P~PW? . atd ~ch iosuraaos oom~ omoernea b iGuut ah dsed aad ~to maloe pe~ymeat for w~ch lo~s ~ insted ot to ~[oetg~goe aad ![ortga$es tb?. aM tbe i~raaoe pc+ooeed~, ae W part ~ n~Y ~~b~ st ita optbn dtber to the reductian o! tbs iMebtedner hseeby ~s- curea ~ to tl~s ratoe~tlaa oe repair oi t~e Prop~ d~m~Y'ea. In a~it ot ioredos~ue at thfi~ ae otbee ~ o~ tltis to tLs moetgaaed P~P~4r m~t o~ tbs indebt~dnas ~eaua! 2rereby~ a11 rlght, tltls aad fnt~ee+e~t d tbs . ~catgag~or m and to a~ inwuanos palkks tben 1n tacos ahau pw to the purcl~f~r a Srante~. ' 4. Ia oe+der moe+~ tuli,y to tbs ~scuiif,y Q[ t61~ moetgaa4 tbs xaef~'oe'. with aad ia addiliaa to the monthly p,ymenta ~mdsr tLs ~ms ~a! tbs nots aea~red herebY. aa tbs lust dp? a[ a~m~anth aad untll ~aW note i~ " tulty psid, abaII pay t~ tbs IdortB~E'ss an fmdaloawt ot tbs taxes aad aedaoa~ta nad to beoaos dne ~gafnst tbs mo:L- ~ pre~nises, ~ad an io~tatment a[ pi+eaalum~ uoact to beooms ~ius aet imwranos polidas required~r t~Le [ortgag ~ ~Instalmwb tLall bs eq~sl vetY to a~ taues and assew~ts and iMnseaoe pnanitmo~. aU as estlma~ ~e -d ~ ~ t1?e Yottgagee. leas all autns ah~nPatd tltee'em. divided b~ tbe mm~ber o! montm tbat ars to eLP~e bedca~s oos inonth peiat to ths dste wixn anch ta~a~ and aeme~em~enta and imuranoe pe~emiunu wlll becams dus. Safd ia~tahneata sbtall bs' held D~ tLs Yodgages ia trust to pqy wu~ taxe~ aid asse~ma?b aad fas~sanos peemt~mns. All pymmants m~ds under ths t~ms u[ tMs patagraPh and uader tlie nots ~ea~red berebY s1~a11 bs a3aed to~e and tLs a~e+~ats amamt tLereot ~ d~aU be pe~W by the l[octaag~oe !a a dngle psyment e~ch month to be spplbd-by~tl~s ~[o~tgag~t !a p~,ya~ent ad tbs itean~ aad !n tbe otd~ f~l~tnq (a) tssea and asse~ueata~ aM inwn~anos P~'dd~mos: (b) intee+e~t m tlb nots aeCUe~sd 2lereby: sad (c) amortisattoa of tl~s p~iodpal ot nld nota A~q? detldan~? in the aa4ouat d snch ag~gregsts moaWy t tbaII ooostttute s deisult wider Ws mat8~8e. W!~ w~h taxa~ aeseesmmt~ ~ad fawnnoe pcemhmu i~all ~s. f~amamb deposlted by the MortBaSa tor w~ch PurPwe~ ers not w~ftlckat to py ntd ~ ase~enta and ia~n~anos pe~smh~. as the case m4Y be. thet? due. tl~s ~[ortgagur wW p~r Lo the Yoetgagee w~h de!lde~x.y immedistely. Whea wch taxes. a~ts and imurancs pe+mni~mos LIl due. 1t tbs ~mamts depodted by tbe ~[ortgagor fae s~h ptnrpow e~sceed ths amamb dus !or w~ch taxe~. aas~aeata aM inwu~anos pe~emiume~ the ezoee~ ra~?. M ths di~creNon o[ t1~s ~o~tga$e4 bs appued on aub~que~,t moau~ty rar~c. to es ms~ae ey? the . rn t~e er.ent a aei,w~t ~m~er t~1. mort8~8s aqY imacpmded flmds fa tbe huxb o! tLs depostted by tbs r to meet tbe obtigatlans d t~es. ~eeas- . ' ments aud in~urance premi~mns aMII be appii~ ~ort8~ ~ tLs fndebted~ hareb~ ~ia the follawlag oNer: (a) fnte:+at on a~dvaaoe~ made by tbe ~tqa~e.(b) advanceea mads by ths Nw~tBagee: (e~~ D intenat an the pzln- ~ dpa1~ and ca) tbs prindpal aebt henbp .e~a,rea.~~qihen au~? ,uch taxeq, a.ses~ta or insuranoe n~~• ran ane trls ~~8~8~ ~ P~?PVY abtaln and deltvar to the ~ee statennents vvtth respect thersto. The Yoz't87i8es m~1j? ool- lect s'7ste ~rge" eqwl to 4~ on any maat~y hmtt~mm paid a~oe+s tLaa 16 dey~ aiter tDe dna date tberem. • 6. He wW permft, oo~nrnit. ~ wKer no ~?asts. lmpai?ment or deterMeation a[ isW psoge~eb a' aiq? past tLereo~ Iu tlie evant ot the failure ot tHe y[ortgager t~ ths buQdtags m ssW p~emise9 and tlw~e to ba srected m aald pnm- i~es„ or inap~vema~ta tberea~, ~ 8'~ nPe~r. m~e m~1? malcs wx:h repatss o in bb ~etlan bs m~~? deem neoeaae~ry tor the ~oper pr~vatbn tbet+ea~ • a. Hs wIDpqy all and amg~tlar ffis oost~ d~arae~ aad e.xp~se~. 3n~8 rea~o~ble attac~e3r~ t~. eo~t a[ ab~ stracta a[ title aad tltls ~ ina~rred or pald ata~r tlms by the lda~t8a8ee becaws d ffie t~n~ m tbs part d tbs ~ ~8~8~' P~PV7 ~~Y ~ P~orna tbe agree~nmta aml oovenanb ot sald nots ~ad thb aad ~afd costs. F ~Laegea and expensa sball be immediately due and P~Y~~ and abe~ll bs aecue~ed by tbs lien a[ tl~is aad s~ ~ eo~pe~xllturea sball draw int+ere~st at tLe rate o[ elght per ces~annn par aa~m4. ~ . 7. Thst ta) in the a~?mt d apy breufi at thit aio~tg+~Se o~ ddault ca t6s P~ Y~B~BaL or (b) in tbs ~ eveat aqy et said s~m4s a[ a~a~ey ~ re[erred to be not prooa~t~r aad l~ily pafd witl~out danand ae notloe. oe (c) in . ~ tne ~,c ffie stlp~laaamy, +~gre~nmti. eoadinoo. aaa aovef,ants ai .ata note ana t~?i. nwctga~e ars not dW~?. pt~? ~ and ltil1Y Patorme~, t11d1 in dther auy suc~ eve?t. t11s p1d te f~mt mentlo~d 1a stld aote t1~en ~~R~~ pata„ wcth mt~esc acca~ea to that tiraq, ana .n mooe» sewreda~. e6an ueoo~r,e aus sad paqable i~vvl~. or ~ ~ aiter. •t ws optfoa ae aaw Mortgagee; as tun ana compiecety as if an oe tbs sefa sums at mooer ~~in~~~aa~r ~Pu- ; o~r~th~ter~at tbe a~pUon~at aeid~l[oztBsSes. v~vl~tha t notlo~s a~ n~t at~la equity, maybe pra~ecuted as • it all moaeyYs aua~red hu'eb~? 2iad matured priar to ita lastitutlan ~ ~ . ~ , 8. ZUe MortBaB~ ~lY. at an~y tlme ~vLib a wtt L P~B to fereclo~s or to relorm tf~1s moetgags, or to eit~ce ~ • aaq clafrns srlstng ba~e+mder. ePP1Y to tLe oourt Mvtng iurisdlctioa thereo[ fae tLs appointo~t e[ w reoeiver. and su~b ~ . oaut shall forthwlth appolnt s recetver a[ tbs praalses aad all otber pa+opesty oo~ered hersbY. a11 aad dngular tlis incan0. Pr~lb. rmts. ianka aad rev~ irom whaLev~ souros ~ived. and wtrh reoelver~irs all ths bto~d ; and eKective i~mctlom aud Po~a?e~s 1n anywlse entr~sted by a oonrt to a raoaivee. and aau~ appotntment duri be mad~ k by wch oourt as aa ~itted equtty aM a mattsr a[ abotute right W add l[oztgrges. aM wttl~oqt retera~oe to tbs a~i- q~y or o[ tl~s valus a[ tLs proQerty mortgaged or to tbs ~olwn~.y or fmolvescy o[ M~1i8 Mo~rtgag~ae ae t1k t deteudenb.~~~ iroooae. P~'nsih. teub. i~ues aifd ibvmues ahsll be applied by M~ rsoeivar aoooedip8 to tbe tka 0[ tL1s moetga~gs and tbs practloe d wcl~ ooutR. { . . ~ _ ~ s . P ~ ~ € - ~ ! • • ~ ~ • ~ ~ ~ ~ ! • ' - ! . _ - ~o~~ 87 93 , . . _ . ~ . . ; r