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Home My WebLink About2517 ~ - . . the d ~ym ; eGciena~. 3uchp eu~ ahall be mads with~n th~t~~ (30~ dyrs atter ~ statiag the amouat oi tha de&cisacy, which notice mi~ bs qiven b~ m~W, ahsll tender to the Mortg~gee in.~ooordwoe with ths proviswu~ ot t~he ni ~ oi ths eatie~s indebtednees rspreseated thereby, ths Mortgages iu t~v~tee at ` such indebtedne~es, credii to the eooouat a[ tbe Mor~y~ r~ ccedi~ balaac : oi (a) oi Midp~r~raph It tbers sh~ll bs def~uI~ under any ot the pro ; public sRle oi We ~emmes oovered hereby~ or Ii ths Mor~ ~wqu et~ul~ t,~e Mortgages ~s trustee eh~ii apply, ~t the Wme of t6e oOmmea~ the tims fbe property ~e otherwiss aoquired, f~he amounL tliea nmaining ~o p~~ unpai'~d oa~s~id oc~re•dit on ~ha interest accured aad unp~id u?d ; He wnt P~U? al! t~~oe+. ~meaM~ w+~l~ee rat~ and o16ee~o~nmen finPaitiom,` fa wbioh pe~ori~ios b~ aot beeo made bee+e~inbsta~s~ aod in ~lwlt ~ rma; and tb+?L Ls wiU prompt~r deliree f~6s o~dd reoeipt~ the~~etoe to f~hs Moc ; ~ 6. Hs wlll pe~mEl, eomiotR a ~nRae ao wa~t~q, imp~t~ oe detee~o~No~n ~ . e~ooap~ re~ooubys'ear and t~eas• asd i~ 16s s~ent d ths ~ure vt tbs Moat~ . peroni~e~ and t6a~s f+o bs e~eote~ on ~id pem4i~e~ ae im t6ereo~, 3 ~ ~ maloe wbh t~epain a~ ia ii~ di~oe+etioa it mayedeeoi neoeeear~f tbs, ~yP~ Pe'ese+ _ at e~oh aad eve~r wtoh py~me~0 ~L~ll b~ dns and p~yabls lWcl;1 l~r) dNrs aft~ tbs llen at ti~ mo~tp~e. . d. He w~ll pw. ~ll ~o~d ra~uLr tbs eo~t~. ~,~a~d eo~pea~e~ indudto~ • d sbd:sah ct ~lt~ls. iaeuered ot paid at a~qr Hms b~r t,6~e Mc~t;,a6es beoau~s ot ths ; ~ ~ ~ ~1 ~p~s ~all be immedis~r dus ~i~od p~yab a~pd ~ha~ . 7. Ss wjU eoniinuona~r mdnt~in Lwra i~ursnos, oi anch qrp~s or t~ ~ tims to tims requirs~ on t~Ls impro~emena now or ~it~ on ~aid pre ' iar all wch premiums Las there~oiors besn made nnder oi p~un~ S L~ . dusan~ pa~~emium~ tL,are[or. All insusanoe ~hnll bs ~ ia oom~ a~,F ai~es and rea~ewals t~hereoi sLaIl bs Ldd by Mortg~gee and Ls~e att~ched t~Lere ad M orm soospt~abk to tbe M In event o~ l~oM he will gi~e innme~ arl~ma~ mats prooia~~ ii no~ msds promp~ bT MartB+iB ~ o~noerned n wt~wrised and directed to mak,s pymeu ior such bes t~o Mortga~or and ~ortgage~ jout~j, and tLe i~ursnoe P~. ~J P~ ~ges ~t ita optioa eithsr to tbs redactioa oi the iadebtedness Lee+eh~ ~eaure~ ; ~e pr~perf, damaged. In srea~ oi lanclosurs ot Wis mo ot otber 1 pe~opert~? in t of ths indebtedaeM secured Lereb~ right,, ti` , 3II and to aq~ in~ursacs po~licie~ Hren ia foros ~hs1l pass tio t6s purdueee or ~ } 8. He wiU not esecute or Sle oi rsooi+d an~ instrunaent wbich impo~e~ • pana~ of the P~P~7 desczribed l~e+e'sn on the b~sis of ncs. aolar~ or ex+esd. ; 9. If the premises, or wy part theeeof, be oondemaed uader the powa ~ tor a publia ~nee, the d ~warded, the proceed,e for thet,a~n~ oi, oe t~ tion, to the ezten~ oi th~ amoun~ of the rem~ining uap~id indebtedaee , hereby ~eeigned to ths Most~gagee, und hi~ haira ar a~ga~, und ahall. bs p~ or Lis ~ee to be applied on wconnt of ~be laat ma6ureng inaWlmena o ever, t~e ar~ea or bis sssignee~ nuy a~ hi~ di~oretioa psy direct to tLe ~?qy part or all o such awud; provided~ t~hat ii the lwn i~ g~uranteed or ia tior or inaurer is obtained in ad~snce of saidpaymea~. ~ 10. 1Le Mortgag~ee may. at any t~me peading a auit upon thi~ ~ t~on tbee+eof for the apo iat~aaent of ~ r~e~ver aad wch P , oourt sh~lla~t~ covcred Lenb aU ~ad ' la incl ' all and ' sver sowrce denved each ~ ev the inoome, ~o£it+ ~et forth and d~scr'ibed in the ~ oi ~uch i~t b~eu' ~u~m cl~~ ber~eoi.~~u~ ; such oourt as an admitted cquity~and a m~att~e~r of ~beolute right to snid Mc - the adeqwcy or inadequ~cy oi the vatua of the property mortgsged or to ~ ~ Mo ~gag~r or the defendants. 3uch nents pmfite, income. is~uas, and revmu ; aoco~ '~+d~ -ng to tbe liea of thi~ uartgage an~ the practice ot ~uch oour~. In tb ; oi tLe Mortgagor henunder, tLe biortgagor a~rees to psy to t6e Mo a rental tor the pnmi~a an amounE~~t lwt eqwvalent to one-t~rdith oi d iastaltme~ts payable in tbe tben cusrent year plw tLe ~ctual amount oi t~ ' ~te~, ~nd iasura~?os premiyms for such ye~r. noti covered by tba atoraaid a ~ 11. In t}~ eveat oi any breach oi th» mortgag~s o~r defaul~ oa tbs par~ tLat ~a~ oi said sums oi nwn~ herein rsterred to bs not prompd~ ~nd fuUy or in ths event that each aa~erery the ~tip ulationa, agreaments oonditian tbis , ars aot duly, P~PVY, and inlly perlormed or i~ tlis Mori msde d~t ia a baakruptc~ or reoe~i~er~hip pm~eedinpt t~hen in eithsr gate ~um mentioned in said not~e thenremunu~g unpasd, ~nth interes~ sa secured hereby slull become due and pspable forthwitb, or theredter, al ~ fully aad oomp~ately u ii ~11 tLe said sums oi money were originally ~tipuli thing in wid no~s or ia tLir mort~ags to tha oont:u~r notaitbstanding; ~nd tb oi said Mortgageer~ without noties or demand~ su~t a~ law ar in eqm~ ~ no ~ secured hereby b mat.~red prior to its inatitntion. Tbe M ymay T e .mount w declarad due and p.ysbls, and t,6e said pnmises.lull~ld co ; with oosts eacpezues, and alio~r~aca. In case of partial for~aure ot this ~ e shall be so~d subjeet to tbe oontinuing liea oi tLis mortga~e !oe tbe smoua~ of ' M~o tg~agee~ t~he pruvisions oi thd pan~aph auy ag~n bs availed oi t~ lZ. No wd~er ot ao~ oo~eaaat he+eia oe oi tbe oblig~t3oa ~ecue+ed Ler . beM ta be s wu~er oi tbe t~erma La~eot or oi tbe note ~ecured Lereb~. 13. Tbe liea oi this instsumea~ ~haD rem~?in ia inll for~e and eHect due _ ~ ot tLe t~ime oi p~yment ot t6s indebf~edaas or aa~ par~ thsreoi ~ecured lw ~ 14. This mo gage ~is given to ~ecure ths purc~ase aane~, oe a par~ tb and i~ eseeuted a~ad delioesed oont~emporaaeou~ly with tLe deed thessior. 15: It tLe Martgag~ar detaul~ ia any of the oa~u~aata or agr~ea4eota oa tbe Mortg~gee mi?y pertornt the saaie, ~nd s11 e:p~ditura~mcluding reasi M g~g~ee ia w d' aball draw int~erest at ths rate pro ed for in ths ~ rsp~~rty a~bis thir~y (SO~ys atte~ d~uand, aad, together with iatee+~st aad o0 b~ tl~is mortg~g~e. ~ 18. Dpon tLs reqne~ ct tbs Mrtga~ tbs Mortga~o~ ~LaU e~scute a~otes foe tbs a~mn a~ ams ad~anoed b~ ~ tbe Mo~tg~g~ee tor t6a vterat,ion, ~ • t~anos, or n~r ot ~aid pe+emaeti for iases otr arsa~eneats ~gainst tLs wn ' i:ed be~under. Said note oc note~ ~haU be ~scured he~+eb~ oa a p~at~it~ ~ evidenoed tbereb~ wen inolnded in tLs twte 6nC daaibed abo~s. S~id s~ - - . . - - - _