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HomeMy WebLinkAbout1212 . s ' S. Twt L eM ~.mc ef s srit bda~ imdeuad » t~erdae t54 wetp~ eM !/~pe s6~U b~ Meid~d a ap~1~ ~t w~? tim~ d~utu~ ~ aKh focaelo~un adt eo t~ oouet ha j~ri~dlcdos tltna! fo~ th~ appoiatmeat ~E a nt of all aad ~ t~s n~~ed ProperV. tAd ~ o~ ali emb~ toao~ Prstia, i~~ua ~ ctrenua tDueo~ teva~ wbaaoe~es wara dutt~d= ~ad tDersupoa t b tiece~y p~preab~ ~ a;ed ; ~ad airecd tiat tL~ court ~all toetrwlek appotat sucb cecd~rsr wtt~ ew n~uai poaas aod dueia ~f reoeims ip lik~ wes; p~ f poiaaaeat ~6a11 b~ msds M tbt oourc a~ a mattec af ~triet r~t ~s d~e and wit6oot stisrwee b ttie sdeqnsqr or ioadeqwq of cM ?alue of tb~ properpy~~~a;~tzat~d, or eo tee ~olrea4 or Imoheaq? af ee sq1 atbee p~ar~ deteadsot es wc6 wi~ Tb~ : ~b~ diea tb~ ris6t a o?jeet ~s tbe appdntm~eat et s reed~er a. atorasid and leoeb7 ~P~4 ootient~ e6u ~ appoia~aneat sleaU be made a m~dmjeted eq~dq? aad a~ s ioatter ot ~bsoana ttslt to tb~ Dsoetfata aad tsat tM wae mq M done ~.I~Low t~otiee to t~+ Maetp,~ot. . - i. Ttiat tf aop tioceedlo~s ~ou1d be ia~titu~ ~pta~t tM P~P~V ~'n~ t~M rete~t npaa ~cqr ot6sr liea ~c elstm wbetbee ~ ~npecior e~ junia~ b tM liea ot tbis ~ 1N~art~asee aµ1 ~t id opdos ImmediueV apoa Imdeuoon af wes ~uh or du~ia~ tb~ peod- . ~ eLa~eoE dalan tLis mo~tsa~e ~nd~ebudoew ~eeu~ed Ler~bl dw aod pqabb toetrwitb aed my at ib optioa p~aoeed es toeecloos , 7. 11~ pq? aq ~ad tat ao~br tea` e6a~a aad ~a~a ef ~~4? 1ded. iedudtni tM eat oE sn ab~tr~et af titie te s~id iaad~ to~md to b~ oonnaisnt oe c ia~t in ooonxtfoo with aq~ suit fo: tbt fenelosuct o~ tOM a~d aLe iodudtn` wMt6e~ t4~ b obGpted ~o wee or aoy se~oasble sttoenqrs isa laeuescd oe apa~ded it w~~+~t~ beeawe of t6~ tsilun~ ; Mort~oe to aanplp wit6 aod abids b~ all oc~aq~ o~ tLe oo~. 8oa~ asd rdpulatlon ~f atd prami~ aote, oe t~ . mortp~ Is foredaure of thitaoor~e aad la ool~ot the amo~nt ~e~uced~br wit~ oe wlt6out k~at proaedtoA and to teim~ i buese tb~ for s~eqr pqment mad oe ioeurced fer W we~pn rpo~t w~6 ineeewt trom dats ot erer}r sne6 pqme~t at tbe race ot ds6t per aAt i) per amnm; t~h pqmma and obH~tioo~, wtt4 int~at t~enon d atoe'aaid. s6aU be ~eenred b~ tbe Iten Mreof. ` ~aia~ a~ ' ~ i. ~ teep tbe bniWIns oe Mdtd~ arw ~ 6a~eafter oa iaid taad iarared !oN or damap 67? s~ateaded ce~era~e aod ! ot~es Peril+. inclndtas wu risk tnwsanK i~ a.ailab in • sms aoc las c6as tbds ~nll imnr.bk .atue a eLe oac ~nd espeo~e of ebe Morti g~or in a oompa~? or oompanio app~+o~ed~jr tbe the P~k7 or polida to be bdd b t6e aod a~c6 poliq or pol~eia of ic~urance ~6ari 6an af8ud thereto a Sa4dud New York ~ a~ msk~ut~! IoM or ~Lm~~~r~t ~ne~d~ tor ti~ie kp~s~~- . . tLe ct~a~ee d ib iataat may appeaq aad ts ddiru ~ai~~d~ Polidee ~ Pb ~ mentbiot tbe pramtum tbercEo~; and ia tM e~eat aa~ sum of bc~oma ~mda s~ polk~ or poHdeti the Mo~cp~ ~haU ha~e t6t option to rxd~e aod apptp tbe ame aa aooo~mR ef t6e L~l~~oaa iecnredP~r or to penait ttie 1~o~tpyo~ b reodve and use iy o~aq~ put cbe~of, to: otbee pnrpwes, witbut tbereby wdrin~ oe im ' a~U? eqot4. ltea or d andet o~ by drtue ot t~is=N~~~ . ~ t6e Mat~a~ee if tt dee~ aee~ar7m~rp~ and py? ~oe axb o~ aNr paet ttiereo wlt6a~t lo~ts,` w~i~toi ~ ~ . gagee'f o~ to ioreelae !or braeh of tlis oo~nan~ oe aq1 P~~~ or a~q?~t or op~ dnda t~ mort~a~e, and e~er~ sneb par ment shall bear lntaat fraa date tba~of u~il patd at tbe nue of dt6t Pee oat ~s7fr) amms, .aad all sacs p~tsenb witb Interat a~ afocaaid sbsU be ~eeucsdb~? t!e Nc~ 6ereo~ Ia ehe e~eat a~V loM oe daesast b~Mort~oe ~M~II no~4 ~doe~a of a~eh laa or damaae wichia torqtidd~ (4i) Looa afar t6e 6appeda~ thereof= t6e failur~ eo ~ire axY aotke ~4aU comtitute e dch and t6e Mortja- ' tee s6ait bsre the rl~6b bereln zt~en ~oe ail deEaolb. _ . 9. To le~ty oo~mte o~ aftu ao wa~te snd to maiaaiIs t~e lmpro~nmeaes a~11 dma W a sate ef ~ood repatr and condidoo; wd eo ds oe t~e be dooe te said pn~~a notWni ehat wiU aker a~ e~an~e tbe we aed c6araaer oE aid propaq? ~ to W wq Lapair ee - ~ wattm ~secarlqr of said mae~a~ Is ca~t aE t5c cefv~sl. nejleet ee iaabtliq of t6e ts t~epds and maiataie aW~ propaty. tbc ~ h~ae~o~ md ~ tataat ~e r~ite ao~e~~6e ~ ad~anoe~is t~t bd~slf wldeL smes s6ai! be seeured b~ ~ Pa .Pa 10. To detlner tht-al~traet ot ab~twd~ of.litk is~ tbe_ W'oP~7 N~ic~ shall at • a11 deoe~ durins t~e ~life o~ this soctsas~ eemain ia d~eap aa~ion af~iresa~ee aed Ia~ttie ~oe~eelaore o~ t6is mo~i~e or aba . «a~fe~ of tltle. a!1 r~ titk !nd iate~elR Of tbt M~wtp~or in and to u~? M~ a6~net K a6~trads ot dde ~ha11 pds 1s t6e pnreha+ler et . ' ll. 1~u a~ ~niree of osnoau ~da or L ttie obtiptko ~ee+red we'eb~! ~sll at ~q ~~aeaha be ~dd ~o be a wai~er d u aq~ ~f tM otre~ ta~w be~eot ~t tae aace acored ieeeb~ lt That ta srda ~ aooderate the r~stari~ ef t6t ind~ leeeb~ see~ued beaa~e ~ ttie fdlore ef d~ ~ a par aop tu a~seameu~ WbiUb?. obl~aiaa ae eocmmbraea upos nid pe+ope~ a~ iaein pconided, k atiaU soc be oecaraqr noe iequidce tbe Mortsasse s~all ~est pi,~ tbe ~a+n~ 1f. T6at i~ t6e Moetpp~ s6aq taU, aeikat ar refo~s ~x a peekd of tLieb? tf0) dys aod M'osPq~ 1s ~qr t6e ~ re- q~dred to bs pa3d b~? e6e dete haeb~ secand o~ dre jeta+ac eLsrda ~pedtted ot ~p ot d~e sanr~ mooU? ~ereia rtfeaed ts oc Lereb~? se- enred. or attierwi~e ddf. ~7 ~ P~f a ~ eom~r witti aa+i aMde esef~ ~*erf os a~ of t6e oo~m~ms. oooditioo~ er ~tipulatioos of t~is ~ ttiep ae~e~7 seenred ana/er t~e coa~teaetian~ a~ 1f aapr. thaq, and ia ettber oe ia aeptof saeh a~enp~ witboat noda oe d~ tDe ~dd ws m~tioaed is said prooslaoep aat. feu pce~iar P~7me~s. if aa~~ aod aay and dl snau ~entianed ~es~dn ~~eoured 1~reby il beooms dne aad paVable tortlNit6 or t~eenfeer st tLe oo~in+~iuCopdoo o~ cbe w • Mortp~ee a faly ~nd oompie~dr at tf sdd a~te wao~ Kae oef~is~il~r sd to be paid at weti aqt~as tn sajd lnmiror7 aote or baan eo t6e aontrsrf aal t6e Mortg~ee s~ait be ded d~er~eupoa oc t6a+after~ aotke os decsa~d ~n ta- • stinrte wiit at law or ~n ~o eafaee t6e ot tbe btort~et Lenonder or ~mdes sdd prant~aq? aota Io tbe e~net of arq dehult o~ brach eo tLe put ofi~e~oe~ or uoda said pev~o~ aot~ ths l~b~ee abaif ~e ~e oo~f ~ m~~e WJ~~ of ~11 s~s ~ecnred bereb~ aetian u Iaw or b soit ja to fo~eelae this m~o~t~~e. e&hes at botL, aooenre~b or aheswi~e. and ooe aetion or wit sball not abate or be t bu w or ~i?u of tLe~iet;a~ee's els6t to i~titu~e oe sainada tLe otber. p~o?lded said blo~t- psee s6a11 hare onl~ aae p~7meat ~ad s~tisfaetjoo of ~aid ind~tedaa~. 14. T6s~ in t1~e enot t6at Moct~a~os aLaU (1) oomeat !o tLe appaiatseot eE a reod~rer. tr~ea or Bquidaeo~ of aq or a wbtaodsl ot Moce~oe's ased, or (Z) be ad ndieated a ba~i~rnPt o~ in~o~i~at. et $k a id~ petitian in bantrop~q e~ adm[t !s writin~ it~ ~liq ~s py? ib debes as tLe~ beoeme ~a~ or (3) make a~ae~a1 ~i~at ~ee t~e o~ erediooe~„ os (4) ~ile a pedtion or aan~a reos~isation er arran~ witti aeditors, or to take ~raatase o~ aa7 imoi~rcnq law. or (S) $le an ~nswer admitdns t6e ma- arial alleswoos ot a paidon fikd agatmt ebe ~~x ia an1 6antruPay'. eeorpain$os o~ ia~el~me~? Pe~ooeedit~ ot aetion sba11 be qkea bp d~e Mor~OS foe tLe purpae ot effedio~ an1 oE the foer~oiog. or aay oeder, 3od~eot ot deetce sbsll be entaed npos an applicatiou of a ard~cor or b~ • oonrt of oaapete~t jnridierioo appra~ie~ a paitb~ ~tin[ sPP~ o~ a radver or m~a of aU or a s~d put ef~~ga~oe's aeets aad snc~ orda. 3~meot or deee~n shap eoatinnt eata aod tn eftat to~ aup period of (30) cometntive da~s, tbe Mort~a mh dedare t6e noce bereb7 seonced tottbwitti doe tsd ~a7ab~whereeDOa ttie pdadpsl oE and tLe acenKd oo tLe note aad all a6er smns baeby seeured shsU baoane ioet6wttti doe and p a6k as if all o~ tbc ssid soms of mooe~ were orlpoal~l stipulated ~o be paid aa mel d~ri ~d ~poe tbe l~o*~~eC wit6oot ~o~s er ~maed ay ~eseeu~ s adt at uw a~/oe we }r ia equitp as if s1! moe~a ~eea:~ed Lae~ had matored p~rjoe eo its f~tituewe. if. T6at tbe 1~6ercplee er arv Penaa a~or~ 1h? etie Mo~t~ee t~all ~ tie ri~t a ssar apee ned insjeef rLe ooctp~sd p~i~es at ail :auosabk time~. ` li. Tbat aa~ mm or su~ wbkh m7 bc baoed o: sd~arosd b? ttie Moetppe M t6e 1Ra~or at asp dme withia tea (10) paa ~ fran tbe dm of this tadentnte, ~o~e6er with iaterat tberaoo at t6e rue ajeeed opoa st tbe tise oE ~adi bm ot ~r~ncs, s`alt be eq~nti ~e- ~ enred whh and Lrn t~e ams peioiiq r tbe ori~oal iadebadsw aod be sobkot te all ttie tee~s ~ad q~ eE tbis mortp~e; € t6at t6e a~repte amoust o~y~ p~l oadrmdlni u ao7 tia~e ~11 eet esoeed ~ aooast eqoai w aee i~ asd Siq per oe~ (1S09G) a~ tLe pdueipat amonot o~i~aalf ieecre~id benb~ 17. ~at. if reqdred bf 1~ t6e aid Mert~os wllt p~ ~e1s tl~s Meetp~e4 N tbt Snt aq ~E a3 ui r~esp oeareeadN ~a w~m ts osatwdEtb ot s~od ~momt neonsaq? es PU' sU t~ and aMa~sea4 ~ptdt t6e s~W~~sied prm~isar tdd mont?iT sma eo~atiaatsd sote~~ bt aod e~ienlmd ~o be as areoa~t oot 3er thm trs aoomt of ta~a ~c add mo~ti f~ P~ P~~ 7~ ~f~e~ n4~~ 63' ~ m P4 ari fa~araeoe perondem~ ia s~a and fam d pr~ided , herda fo~ the wmeac of ta~a .n~ awa..ests. ~ 1~. 'na ia tbt e~eat t6e baa w+~k~ t~Tsa~e Is sirea ta seeare 6 a~d~ bt tM rpe ~E 8wdn~ dt~er tb~ aee~uo~dos ; ~ neM bidldinp or tM cooror~afon a~ imprweme~eses and/ot addidras te a~bdn~ boildtnp~ tw~ 1 0l( et~or. 1! reqdred h t6e Mort~aie~ e:prasll a~e+ces ts depoit with t4e M~ee o~ tb a~nt ra ~mamt o~ a~oaq ~qral N tLe d~tfenecs betweeo tbe oet o~ t6e lo~n aod tre totd asou~ M deara~iaed bq t~s~b~ ~se.~ to falb eosPb~ aid ee~oa h aoooedaeot ~rlti plan~ - aod sped~ 6aroofers sabmiaed ~j tbe I~SOrt~spr and a ro~ed bp t6s No~ep~e. 3aid asomR ~f monef ~hail bt pisad bj ebe : biortaa~ce in a"f.wa~ ia Yroeew Aoow~' ie e6~ aame of tbe aod tbe ame ~inll bt wed b~ t5e 1~ort~asee to pap t5e ooW, ; ehar~ aod rspana jncurred ia ~enneedoe wit6 ~id aombr~~ t~ dt~banio~ eE e~is la~: It i~ lsrt~et a~r~ed t6a~t In tbe e~eot ~ s a i d c a a t r o e i i o n I s a o t ! d~ o o m p l e t e d o a o t 6 s i e e s tM d a t s satsa ta t6e Orerteueeiea Lwa~e ar ta t4 enat t6u t~e r.odc m . ~ aid oeo~oe ~6alf aa~s betore fnII oompkt~~aa and w~eL oa~aBoo ~6sU eoatV~e ~oe s pa[ed o~ ~ n n ( i0) K i! sa6waad~l o o o t i nooaa ~ ~ pe~a~rer ~Lall nat be made ia sne6 eoatn~aras, tLe~ aed is a~ n~ sraoe etie sdd a~e~p~s +a~, PefeeiPat~ i~at~ n~ooed ja ~aid ~ prom~ aotR, ~nd sll mooia ~ee~aed bcrebf srall beoome dne aod pqablt ~witr ~r tiaeat~a ~t d~e optioa of sdd sad ia u ttie e?eat ~ se~-ae~atio. ot ..erk ..i~ ooe~aaatos foe : per;ua af ~e. cl~) da3i. ae i~ ..6~dd cecdsnsa. p~ope. ~ oet be ~ made ia we6 ooo~tcusdoe. a~t~e sq at its opetae m~er Leo asd apoa t~e p~d pnohes snd oomQiece said oon- ~ tesocdao in sneL maa~ rs h dea~ sd~k~ w~t tiq i~erfa~ace tr~s tl~ 1~fa~: tbe aad~,ber~ knU7 ~°i ~~i ~ ts t~ ~dortpRe t~11 po~.sr nd a~Leeit,~ ts ~sab wei ~ate~ iw~s ~sd upoa Mid meetp~ed ~s eaca irto w~ ~o~traeb or ae~ ~ ia~ad~ ~iu~s of a~e7 woane~ e~ oom~oemtesedo~~md asf ~ Dsortp~ee ~aonaeetZeo wtdi wer aouarlet~s ~t coerteeetim in e~aw vE t~s s~ b add •I~ ia PeooeN Aooomat" ~bsll~added Is 'ttio aid pnod debt aad ;j ~ ~hap drnw intae~t at tbs me pee~+Ided h sdi ~[oeiwort ~ote, aad ~sq 6e ~eeond br t6ti moetjaR ~sd ~aU M p~abk ti7? t~ ~ oo Acm~nQ. . ~ ~ ~ i ~ ~Ix~~i ~ ~ ac~ ~ '