HomeMy WebLinkAbout2405 _ . , .
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~ To pt~a M?d aoMMwoudl? kNP on tM bulld~qt ~ow a M~w(tM N~wt~ on ~Nd bnd ~nd on all putpnNM wd pKSOMIh? cdwr«I b1l thM ~~P ~
! p~, wNh ~11 prMniwM NNnon p+W In fuN~ fin Maw~na M th~ wwi ~ual~rd polky faiR M~ wn~ +Pprowd bt? 1M M~ORTGAGEE~ ~nd wMd~ariu ~
i YMU?~na In d» wvd ~t~nd+rd policy torn` M a~wn ~+PProwd b1? ~M MORiGAGfE. in wch ~on~p~1? o? ~P~ W tM MORTGA<3EE in:;
~ d(nN~ ~nd ~11 An and wind~t~o~nn MwM~na pdkiN on ~np of Wd buiWinp~„ anY InNrat thK~in ot p~rt IM~wf. M~ th~ pp~p+N ~wn ~fonwid ot
U~xaM HNrwf. ~h+ll oonain tM uawl u~nd~rd mo~tp+YN cl«~ a wd~ al~ ci~uw a~ dw Mor~ppM ~n+1? nquW~, ~+kMq th~ ba w~da s+id Aoil•
+ dN. Nd1 and wNr. WYabN b wid MORiGAGEE p iri NtMest nNy ~p{~M. Md Md~ a~d wMY sutb P~k1? ~ P~^P~hl +N~~ M~d d~liwnd N
~ ~ MW by Wd MORTGAGEE a funl~ sKwM1? ~o uid map+?~ debt. +nd eo1 Mss th~n Nn (10! da~n In advana of th~ ~xplr~tion of Mch po1k1?. 1o da ~
; IMr b atld MORTWIGEE • r~w~l tMrwf. wp~~hM with ~ naipt fa th~ pr«nfwn of wch r~wa4 +~d Nwn ~MII b~ no fin a wind~~am kaww~a ~
? plaad on an~? of wid buUdirq~. ~e1? M?anq thw~En a patt tMnof. unNu M ~he form ~nd with th~ loa payabM as afonsafd~ ~nd in tM ~wn1 a~? wm
; of ewn~r b~canw~ payaW~ w~d~r wd~ poiieY or polieia s+id JNORTGI?GRE sA+ll haw d» option W~aiw ~nd ~pplr tM swew on Kooun~ of tM Mid~W~ ~
~ aat wcw~d F~~? or b pwmN ~eid MORTGAGORS w nosiw ~nd uN M a ~ny part tMrwf for other purpweh withow thN~b/ waivinp a imp+ia
~ MO M11 ~9~h?~ I~M Of fiqht WIdK Of ~ VWIN Of 1Id~ Aqff0i0p N1d i11 tM ~Vlf11 Mid MORTGAGORS ~IMII f0? M1r ~N~011 f~U 10 IN~P iM Mid ~fi~M~ W
j Insur~d, or f~ll b ddlvw P~~WM +M? ~ s+~ P~icia of Mawsna to ~aid MORTGAGEE~ a fail praopth? fo P+y fidN Pn~niw^ thN~for a{n ~
' i thp~ct faq to pNfornl, di~ch~rpe. ~xKUt~. ~ff~ct. aompNt~. oomplY wUh ~nd ~bid~ by thb oov~n+nt, a ~ny pu1 Mnof. ufd MORTG/1GEE m~y pl+a +nd
~ ar t« wcti uaw.oo. a«?r van e»nof wt,~,ow wahrinp a aff~ctinp ~n1? aM1on, U~n. puib. or ripht undK a by virtw of thb Mat~apR. and ~M
1 fuU a~nouew of e~d~ ~nd w~y wd~ paynwm ~h+ll b~ imnMdi~t~ly dw and p~y~bl~ arw! ~Fwll bNr htK~s1 from th~ dab H?K~of un~U paW ~t tM ~a~ ol
~ NM p~r qnp~n p~r anrwHn ~nd ~op~t1+K witl? wch int~r~u sMU f» ~ecw~d by tM ii~n of tN~ n?orqapw
! 1. To p~N` conrnit ar wff~r no wat~. M~p~kn~enl a dNKior~tion of aaid popKt~? or parl dMrwf.
S. To pay aN aed ~inpdar th~ oa1~. elwrpn +^d ~xP~n~, lndvdinp a?sasan~bN ~namy's fN and oosu of ~ban~ of tlti~, 4Kwnd w p~d ~
~ny tMw by wid MORTGAGEE. b~uu~ a M th~ ~wnt of th~ (aflun an th~ prt of th~ s~fd NlORiGAGOR b duly. womWh «+d fv~h v«iorn~, dwdwr~ '
uaa+t~. ~ff~d. oanPl~t~,. con~plr wul~ and abi~M bp ~+d~ and ~venr tM sNpul~tiora„ pnemK?n„ con~tioM, and oov~n~n» of ~atd pranbwry ewN and thi~ •
~+~1? or ~i~hM, and uW eosta. d~+rpa and ~xp~ea~, ~ch and ~wry. sh+ll b~ in~di+t~ly dw and p+yabler wlwtM? or no1 tMn b~ nwia d?
mand, ~n~mpt w odMq a wil p~n~g~ and tM full arnount of Nch ~nd w+ry a+d? WYmaa ~hall b~ar tntKMt hae tM d~b tF~awi until pafd ~1 ~M
•at~ of nk~ pK aMann p~r +irwmt and ~II ssW aost~,. charprs and ~x~s i~wKnd or p~W, Iop~NM? with wch int~at. s1w11 b~ utund bp th~ li~n of thi~ ~
~orq~p~. -
' b. lbat W tn 11r w~ro of ~ny brMCh of NJs Morp+Q~ a d~fwh on t!r prt of th~ MORTWIGOR. a(b) N th~ ~wM an~? of wid wny of momy
hMdn t~f~rc~d b b~ ow pramptly ane! fuly p~id within thiny C~0) d~y~ nsxt ahM tM ~+n~ a~wrally baa~y dw ~nd Wr+bb. without d«nwd a notia,
a(d b th~ ~wM ead~ ~nd ~wry th~ slipul+tiaw ~tlaa and aown+nn of wid promtuorr not~ and t!w mortpa~ aeh? a Nthu an no1
~ ' ~1?. P~~M wW P~a~d• ~x~cuted, ~ff~d~d. ooMpbnd, oon~pli~d wltl~ and abid~d tMn M att~ o? an~r wd~ ~wm th~ uid ap~ -
~rpa1~ wm n~aiard in uid pramts~ory noN tMn nm+ininp wip+W~ witA Y+qnst +auwd. and sll moMy~ a~cw~d twr~?. ~11 b~ dw ~nd P~Y~
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b b~ p~W on wd~ day. +~hL~p N s~id prombsary ooN w tn thk Maqp~ w tM aontr~ry nawithuandinp~ a~d tha~upa~ a thu~afi~r tAe option of
utd MORTGAGEE, withoul eatia w dNnand. wit a~ law or M~quity. tMnfo~ or tMrs~iNr b~~wy awr b~ p~oMCw~d N If all maNrs ~~d h~nby
A~d awtund prio~ b its krtitution.
7. Thn b ih~ w~nt dwt q th~ b~pMbip of or ~t any tim~ p~ndirg ~e1? wit upon thM ~Aor~p~p~. a to fonclow B, or to ~onn N. or M~nfaa
WY~ ~+~f? clalm~ h~rswida, sNd MORTGAGEE sMll ~pply to tM CaM IwvY+p iurisdicttoe tMnof fw 1M ~poknm~nl oi ~ R~ceiwr. wch Cour~ ~hall
~ iotthrvlM aE?poNM ~ no~ivu d s+id mottQ+p~d propwtY aq w~d sinpul~r. M+clud~np all and sLg~rl~ th~ inoom~. Profita, ~s~?u ~nd t~wrwws irom whar~w?
.ou~o. d..~wa. ..d~ «d w«y o! which, n b~Yw ~xpra+h widK•+ood. ia 1»..by n~o~p+D.d a if .P.citsc.~ly .e1 fo.~h .nd d..vjb.d In th. 9.auinp «+d ,
~ h~l~ndwe tlw~s I~wf. ~nd wd~ R~a1vN ~hall h~w aU tl» broad and tff~ctiw ivnctions and powtn In anywiN ~ntruated bp ~ Caxt b a Reoeiwr, and
! wcb appoha~nt vwlt b~ m~d~ by wd~ C~urt M an admitted ~quhy ~nd ~ m~tt~r d~bsoMn~ ripht w s~id MORTG~?GEE. and wNho~A nfau~a w tIN
i ~d~qu~cy a Mwdsq~NCy of dr vabw d tlr prop~rty moris~p~d a w th~ sobNncy w kaolwncy oi ~aid MORTGAGOR a th~ d~f~nd+nt~,. and that wch
nnn,. Pwfip. Miow~w bsw~ ~nd nw~+a ~hall b~ appli~d bp wd~ R~atwr ~ooo~dinp eo ~M (Mn or puNr of iaW MORTGAGEE aa! tM praetia of wdi
' Coun.
~ Q. To duly. P~Wh +^d ~h P~~. ~x~wt~. ~ff~ct, aompbM, aomplY with aed ~bW~ 6Y wd~ and wwy th~ atipulatlaM~ apr~n~nu. .
aondillona ~nd oov~nants N s~id p~ondswRr ~+nd thi~ nwrqp~ a~1 fartb.
' } 9 7Mt tn tM ~wm tM ow+wnhip of tM morq~ped prnnba. a M+Y P+A Itiawf. b~oonws wst~d In • p~non otiw th~n tt» MORTGAGOR. tlw
j IIRORTGIIGEE, Ns woosuas and +s~ipns. e~al?. witlw~A notla to th~ MORTGAOR. d~al with such wa~wr a wcas~ot In intaMt with r~fa~noe 1o thb
mortpp~ snd th~ d~bt Mreby wcund in IM uim m~ra~a p with Maqspw withoul M~np way vitktiiq a discharpMp tM Mottp+pon~ U~biliry h~r~
i under a upa~ tM debt hu~by aaxed. No wl~ of tM pr~a h~rebY morq+p~d ard ea iorbwww an th~ pvt d th~ MORTGJ?GEE a Ns woaswn
I a aasipns and no ~xt~nsion of th~ tirn~ for 1ir p~ym~nt of th~ d~bt IKrsbll Ncwed piwn bp tM MORTGAGEE w Ns woo.s~on a aspe.,, •haU oEi.raa
; p~a~, ~pd~p~ mo~f~ dw~p~ or aff~ct tlw «bin~l li~biliry of tM kYORTtiAGOR hn~1, ~bl~ 1e wtaN a h p~rt.
~ 10. h b tp~cific+W spr~d that tim~ N~ tM euena of thb ooMracl ~nd th~t no wNwr of any oblip~tion IwrwedK ar of th~ obNpation w~
cur~d Mnb1? ~II tl ~ny tLn~ thersaftu b~ Mld w b~ ~ wsivK of th~ Nrm~ I~uwf a of th~ Mntrwn~M waw~d Mrby.
; ~ 1 t. ~n .dd'ition a+6. ro?.po:np monthh? wr+~ ot prLne~p.~ .oa int...st nquirea b~r th. proea.wry ~wt. ..cund I~t.by. n~orqwa oor«una
; and pr«s eo piy a morqpN with ad? moruhy p~ym~m ~n ~ddirionat wm eulmaad by mortpapN to b~ pwl b 1/14 of th~ wwal aost of tM fdlow-
; ~ inp: ' •
r A-All=nal p~op~rty ts~e~ Iwied or aMSS~d apaMW tly abov~ d~tuib~d re+l ~st~M. , ~
' d-Pr~iwns an fin and windstonn inwrsno~ a~ hK~in ~eq~r~rsd to be wried on tM Ynprw~n~MS ~itwN an tlw ~bo~v~ d~wibd pr~n~.
s. C-f~is m wd~ ~W+p~ ~+1W Mawana a matp+p~ sMll fran tinN to tLn~ da~en fit b urry an the lo~n aew~d hK~by.
~ Matpp» shaN han tim to tLm notify matyapor in writiig of tM amount dw ~nd p~y~bb IwMwd~ and wch swn Ehall tMrnipon b~ du~ ~nd
payabM on th~ dw d~N d the n~xt mordhly p~ym~M ~nd wd~ suoas~iw month th~re~fta unHl nwrp~ shdl notNp nar~p+pa of • clwq~ b wch
~ ~mow~t. Sueh sums ~II b~ ~ppUsd by maqap~ towad tiw p~~nt of naf prop~rtr tu~a. Mwuuna Pr«nianb ~nd mo~rep+p~ pur+mp ln~wana
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; ; IN WRNESS WFIEREOF. Nw said MORTGJ?GOR tw h~o w1 hb hand and s~al 1M dq? and yMr ~fa~fd.
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