HomeMy WebLinkAbout0491 _ . . _ T.- . - =
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~opqr a polleNs sNd MORT~GAiGEE drll h~v~ !M optbn to ~oNr~ ~nd +ppM tn~ s~ on aaasN of eM M+d~bh~wa ~wrd hKrbv a M
pe~mtt iaid MORTGAOORS w haiw and uM k ar an~r p~rt tMnof for ahw ~po~s without 1hK'~b'N w~~ a MnP+i~ anf? pulb.
N~n or un.~r or by vi~ew of Mla Mat~+: and In th~ w~nt t~id MORT~CJI~GORS drll fa an~l ~~on fM to !c~ tFw ~Id p~mi~
so I~or fNl to dd~w? w'aroth +~h? of a1d polci~s of iro~rana to s~W MOR a hil pranpty? w ph? lulban~r M~_+~~
o? t~ any ~pat fsii !o P~ ~+d+~. CO^~Y ~ i~~ by tN~ oaw~r+t. or aeh? P~t I+~~f. aaW MORT .
GIIGEE mnr plaa and ph? for ~ud+ Irawano~ oran~? put tMnof without w~ivk+~ a a`~an~? oPtia~. INn. ~quib. a? M~M v+d~? a b'!?
virtw of tNs and th~ ~ull amoir~t d~h and~~ wxh Pa~nn+«+t sh~ll b~ a~y dw and P~yabl~ ~r~d s~ll b~u int~nN
fron~ tM dit~~l~~untl1 p~id at th~ n» of :ix and ~c-t~nth~ PK t~nt pa anrwn and t~opNw? with suth int~st si~ll b~ saund by th~
INn of tF+is mort~.
4. To p~m~it, aonrntt or ~ufhr no wwst~, MapNrnMnt or d~t~lo~stia~ of sdd p~op~ty or any prt M~nol.
5. It is he~+b1? :pedHulhi +t~s~d th~t any wm or wiris wF~kh ma~? b~ Ioirwd or advanad by th~ Mort~t~ 1o iM Mo~tp~or at aM
HnM aftrr tM r+oo~di~t of tNs i~KMntun. Mht1+K with int~nst tMnon at th~ rat~ s~ned upon at th~ tinw of woh lan or adv+na. shdl b~
eqwly seax~d with and I+~w th~ wrM priaib ~s tM ai~itil bd~bt~d?wa~. and b~ wbi~ct to all tlw t~ma ard provisiont of tNs mort~spe
ProvW~d. th~t tMs~~a
t~ amo~r+t of printipal autstan~ st an!? tinM ~11 not ~~oad an amount pwl to on~ 1~undnd and fliyr per ant ~
115096) of th~ prln~psl amount ori~ly s~ax~d t~rb~fr.
~ 6. To p~y all aod st~ubr th~ aosts. cha~a and ~cludint a r~ao~sbl~ atfomh?'s h~ ~nd oab of abshscf of titb Na
~ aund or p~id+~t t{nw by s~id MORTCJ~GEE baau~a or tn tM wa~t of th~ fatluh on th~~a~t of th~ :aid MORTW~t'AR to duy. P~P~h i
. and fu~h p~fo~in.~. e~awt~. oonwM?~. ooniply wieh srd sbtd~ b~r wch and tM ~pu~ations. s~~m«+b. aondttor~s • ~
~ ~and corenants of said promissory ~otr and tl~ nart~sp an1? or dth~r. and :aid aosis. d+~?ps and ~h and ~wry shdl b~
tmrwdiatsly dw and psyabh: wMtMr or eot thsn b~ notk~. d~n~nd. att~ript to ooll~et ar wit PM+di~~: and th~ futl arrwunt o~ Meh ~rd
w~r such paynwnt shall b~sr IM~nst fran th~ d~t~ tiMnof unNl pNd at th~ nb of sbc ard ~ix-t~nths pK antuin pw anw~~: and stl ald
oosfs„ cF~~s and ~qnses s~ Ina~rad o? psid. toptl+K with w~h interrst~ sFrll b~ s~a~red b~? iM INn of tNs nart~~p.
7. Tt~t In th~ ewnt of any bn~d+ of 1Ns Mort~ or d~hutt an th~ put of iM MORTCJV~'AR, a(W in tM ~vw?t an~? of aid
wr~s of ma+e~? F~aN rofsrnd to b~ not o~ro~h? snd fu1N Psid within th~rty (30) days next aker the sams sevealy b~ooms dw ~nd p~yabi~,
without den+~e~d w notioe. or W in ths event Nd+ and eve~Y tht aNDulatio~s. a~1s. conditions and aaw~snb of ssid paNssory ~wl~
and tl~is mortppan~? a~itF~ aro ~ot duly. P~'~PtM ~~N M~~~• ~ed. e~o~a~ted. ~ffect~d. oaripbt~d oorndid with and
•bided 6y. than in eitlw w any wth awnt. tht saida~n~s
N w~n m~ntiafsd 1n~id promis~ory ~oh tFNn nansini~u~+psid. with IntKest
~ aocrued. and ailmo~~sys secwed henb~r. sFnN b~oorrr dw and p~yabfe farthwiN+. o. tMresfter. at tti~ option of ~sid MORTGAGEE. as fully
and oonnpl~tely ss ff all of ths ssid wms of e~a~r w~s ori~ir~llr sttpubted to bs psid a~ wd~ dsY. I~ ssid promissory eot~ o? in
~ tNs Mat~a~s to th~ aontnry not witMtsndiry: ~nd tMrwipon or tl~ueaft~ at tM optbn of s~id MOR~C./1~GEE. without notia or eiurwxl.
suit st law ot in equih. ~Y ~ w~+~~ •s tf sll modes sswnd ha.bf? hd msewed Prio? to la inscitutbn.
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! 8. That tn th~ ~t that at th~ bstimin~ of a at sny tMne p~~g ai+Y sWt uDa'~ this . ar to farclos~ it. or to rofom~
M or to enforos payrnent ofar~y clsims he?e~r~dK. ssid MORTGACEE shall app~y !o t1+~ Cawt Mvin~~~ian tMreof tor th~ appotntnbnt
f o~ s Reoeiver. wd~ Court shsll fathwith appoint s R~oeiva. of said nwrta~sd propKb all and sin~uls?. Mcludin~ all and sk~ular th~
Inoome. ProH1s. issues and n~rerr~es kom whsterK sax~ct ds~iv~sd. ~ach and awry of wl+kh, it bN~ ~u~Y ~dKSlood. is hsnby morb
~ ~,sged as if spedittally set fath and desc~ibed M the ~nntin~ and hsbe~hre cl~usss F~afeof. and wch Reoalwr shsil h~w aii the b~oad and '
effactiw funcHans and Powers M anywise e~tnnted b~? a Caxt to s Reosi~x. and wch aPDointmsnt shill b~ a~ad~ b~r wch Cant as sn
. sdmitted equiry and a n~atter of ab~ol~t~ ri~ht to s~id MOI~TCI~GEE. snd without roi~t to 1M ~dsqway or ~sd~quscy of ths vaiue of tM
+ proparty nw~t~ed or to the sohroncy o? insolwncy of said MORTG/Ut',OR or ths defad~r~ts. and thst wch ronts~ Pwflts. kioar~es, ksun
~ and ro+re~wes sMll bs ~pplfod by such Reoaivar aooor~n~ to tht Ilen or e4uib vf said MORTGA~iEE and ths prsctio~ of wch Court.
~ 9. To duly. womPty and iulb v~?f«~n. dtsd+~?~e. uoea~t~. efhct. eompkte aomvh with and abid~ b~? ad~ and ~wry tM stipu- .
t Istions. atroa~Nnts. oaditioRS ard oov~enanb 6~ sdd p~n~uon? note ard in tMs moASase set forth
' 10. T1yt in ths went ths cwnsrsFrp of th~ mort~aNd Pnmis~. or +~h? put ttwreof. beoo~r~s vrsted in a PK~ otFwr th~n ths '
' MORTC.A~GOR. tM MO(tTG/~GEE. tts woassors snd assiO~s. n~I?, witlwut notior to ths MORTGI1~OWi. dssl with wch woo~ssot ot wooKSO~s •
; In interest with ~aieranoe to tNs mort~sge and ths debt he~ebl? secu?ed in ths sa~ns minns~ as with Mort~or wfthout M a~+Y ~ {t«kK .
or ~r~ th~ Mo~t~ors UaWNt~r hKwdx or upon th~ d~bt h~ebY sea+nd No s~M of tM Premisss Mr'eb'1?
' bsarano~ on the put of ths MORTG/4GEE or its woossso~s or s~t~ns and oo ext~r~sion of ths Nm~ for eh~ piynrn! of ths Iwsb~? seare8
' tF~MO~fiTG~l1~'AR h~ein. NtM? M wi~ob or M
p~s~ shdl apKat~ to release. d~d~ar~e. nadif~r. drn~ or eff~ct th~ o~nsl p~bility of
' i l. it is~i flnlly a~?esd that tinw is of th~ ~s~~a of thls oontnet and th~t ew vw~iwr or arry obUption ha~eurd~ or of th~
! ~ cMtption ssuxed I+aeby shsll at any tinw th~rwfb. bs h~W to bs a waiwr of th~ t~nns hKwf or oi th~ ~nt sra~rd hK~bY•
~ IN WtTNRS WHER60F. th~ saW MORTCJ100R h~s ir~~runto s~t his hs~+d aqd sal th~ dry and f~ afonsaid.
` ~ Stpwd. Ss~led and dellvw~d in pns~+a of: r
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ST/?TE OF IDA ~
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GOUNTY OF~I~~ ~ : C - ~
~ e.r~. m. o.~.ihr •vo••~•a ALT~ON~KAT7.OR and_.J..E_ANNE'~'~E~~, ~
f~rmeti~,X-JEANNETI'E I1I~MA~'I'E.B. ~ wt~., eo ~i k~own. a„d k~own to eo b. ?M~ry~'~t1~..~~a'~e~~°'
and wh~ e~c.cuted the fo~oir~ te~stn.mnt, and +ckrawbdpd b~~on n~t th~t tF~e~r no~a~hd th~ wn~ fo? the purpos~ , ;
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: ~ WITNESS my hsrd snd official sesl this----u---d-_- -_dh? of.~. ~1~--- - . ~ ; D. ~f9~ r .
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~ : p a z _ ROGER POtTRaS. CIERK ~tl as
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