HomeMy WebLinkAbout1384 ~ . ~ - ' ' • ' ,:r;.iri~-- ~ ~~r+4td ir'. •,.1:r i' , ~
..~v~?i~,hv~ 'r' ' ~ ~•'j - ~ ^ ~ 1
i~ '
~ . f ~
~
i ~d fOWlf10~ p!'~Ym/. Y dN C~N 1~Q Wlll lOtOl~ ibiU b~ C~~ b7
{ pp~s ~0 a ~Ili~ ~ ~M b0~'~ ~N IDOD~ ~1/1~lR . ,
~ ~dre d DaYa~raph = p~eoedint ~haD aot b~ ~t to ~ r~a. ta~c~es and as~ewnenb ~
and inwr~no~~ ~ tL~ ~w mq b~ whe~ the ao~e beoo~,n~ dos and p~~the~ t~a
~ . ~ py ~ an~ ~monnt to malc~ np the descien~7. on ar ore t~u
~ dats whea pymast a~ aKhipb~r~nt~ taxes. ~ or iasurancs preminm~ s1uU be dua. Ii
at an~ ti~ t~rs m~ ahsU fe~ndar ~ tLe mort~a~+es in aooord~u~os witlt ths pra~visiotu oi the note
iecared hee~eb~. !~llp~m~
t os tl~e enti~+s indebteanea rspre~ent+ed the=+eb7. the mo~?~ee sha11. in oom- ~
t~e smonnt ai ~ch credit to the ~xo~nt a~ the a~orfis,~ar a11 ~
o~ to~tl~s
~~e+o~oas °t s) °t pa~h 8~ ~ n~~~t
~ a~ma~~~~ Prov~iOaa
~ ~ 8 It tb~ere
a~lu~ll~
~ra~~ ~~~~nires the~ a~
1 ~ in a s~ie a~ t6~s p~w~iae~ oo e~Y aoq
wi~e ai~er detanik ths mo:tia~ss aha11 aPP,Y, at the t~ms oi ths t ai s~h or at
' t
b
e t
i
m
e t
h
e p~
o i s o~w~se a
o q
a i
r
a
l, t6e bal~noe thea in tLe i~unds aocump~~~nnder
' (6 ~ 8 eoedin~~as a c
r
e d i
t ~
B
a
~
n s
t t
h e a
n
w
u
n
t o~ p
s
l t
h
e
a r~?
i
n~ n
n
p~ i
d n n
d
e
r
~ ao~e vull pn~~er4 aq~u~ aaJ P~1Y~ts which shaU hav~e m~ds ~u~de~r (s) oi a~id Pa~rsPb. :
` ~ Tbat he will p~ ail t~uc~es. a~sess~b. wate~r rates. and ot6er fo~ernmeatal ar mnnicip~l chat~ea
~ liere~, as impodtio~u. for wbich p~+ovision has not been m~~ds hereinbeiwre. and in deisult ther+euf the mort-
~+il~es my? Pq ths s:me: and thst he will pe~oinPtb deliver the o~icisi reoeipts therefor to the mort,~a~es.
~ ~ 5r. Tl~at he wiD permit, coo~mit, ar wSe~ no was~ i~pzirment, oe~ detsriontion os said oar ~
~ ~ ~er~eoi; aad in the e~veat ad ~s fatlnt+s oi the n~a~r~a~os to ~ t6e on u premiae~
~ ~ ~ t~ ~ ~t~at ~ s.ta ~i.e., ~ ~r~~~?t~ ti~, ~ ~a t~~
a
~
~ ~ ' ~am~~mt
o~~'e~h
s
a'~s
~
°p
T
~t.~°h.u ~'ea~
a~
a~ ~aua .h.u bs securea
..A
' b~ t~e 1~n o[ t63s mo~tia~e~
T6at he wiU pvU? aD and the oost0. a6ar4'es. snd esPeYUes. incladi reasowibk L~r's
r
and costs a~ abstracls c~ ~~~~cred oar paid st ~ tlaae by tlre n~ o~ the i ure
on ~s psst a~ tbe ~ p~P~7 and ! to perioarm the ~reemen~Nai~oovesuwb oi said prem-
iror: ~ro~e and this and ~oosta.~~ar~es, and ezPea~es ~haU bs immediately dne aed p~- ;
. abis and sbaII be ae~~Arean~~ Ns~n a[ mort,Q~e. . •
- Z. ~ be wiD tbe impron~nb aow e~dstin~ ar bereaiter ereet+ed on tl~s n?ort~a~ed Prapert7?. ~
~+ed as• be ra~ed irau? time to time by the loa by ih+e and otLer ha~au~ds, "
au?
I ~1~, ~ in weh ~mounts and lot~~ii~' ar m~1? be ~~uirad b1 mort~ ~
and wiU pq?~~anPt~T. ~?1~ ~ aal? Pareo~iwns on ancL insaratx~e ior t which ptovision
~ not been~oade her-
einbefore. insnranoe shall be earried in oomp~pp~+ovw1 by nwrt~e +w8 -
ths p~lides and r~ewaL ~ shall be h~d by mort,~~ee and b ve a~ached -thereto las paya4k
= eLu~es in fav~a~ at and in lo~am aooeptab~s to the mo:t~ee. Ia eve~nt oi loss he wfll ~ive immediste
no~tioe b~ m~il to nw~s~ee. and mort~s~e-a~ mslce pr+oo~ a? loa ii not made P~PWY t?7 ~~~r.
n~ad ~ch insnranos oanvaut? eonoern~i is h~y authorized snd directsd to malce pa,Yment for soch
las dire~ to in~staid o~.to mortga,~r an~ mort~e joinLly. an~ ~he insurint:e proceeds. or
: at~y t~+eo~i~n~ ~p b~ nartga~ee st ib option either to tbe reduction e~ the indebtednees
~secnred or t~ the re~id~on aar rep~ur oi d1epraperty dama~ed. In ev~t oi foreclosure of ttiis ,
~ othe! trsnsfer o! tttle to the morltga~ed propert,y in iahm~nt c~ the indebtednw .
~eq~~sllp~tia aad inte~st of the mort~a~ar in and to any ' policies tbsn in for+os .
~haD p~sa to v~ ~antes. - .
8. That ths mortg~es ma~. st aty? tims Pe~din~ a anit npoo thia mor~t~~e. aFPb~ to t4e cairt hs~r- .
ia~ tbereoi fo~r t6e appoia~nt oi a reoeiver, and snd~ ao~rt siu~ iorth~?ith appoint a .
reoeiv~er at t6e gremises ~avee+ed bereby all and . in~clndin= all ~u~d the in~oome. Proflt~ ~
av
. iawe~. and rev~nnes ii~am whsteve~ aouroe d~riv~~e~ch and ~~Phich. t beini ~P~Y ~
.tooa, is h~y mort~c~ea ~s if .ec ~o~ ,ma ae~cri~i~ the t.i~c ana haba~aum cls~e.
a~pedA~ e~cri snd powera ia anywise
snd anch reoeiver sbsU bav~e all the broa d and eSective -
b~ a oonrt to a reoeiver and sncb appointme~t siuU be made by aneh oourt as sn admitted
~ eqnii~? and a mstter a~ sbeolute r~ht to ss~d mortsa~ee. snd ~?Itlaut reterenoa Zo the a~equuy or inad-
eqwrqr at tLe valne o? the ~t~r mart~ed or to tLe ~olveo~? or i~volve~y of siid mo~a~o
r or tl~
deieadanb. and thst sach ~ts. Drolib. wooan~ irsnes. aud ra~nes s6sU be a~lied by
s~
uc~i reoeiver
~~~~~~e an~ the p~ioe o? a~ courk In the event a~ aqy deisult oa t~re
, an
: patt ~ he~reunder tbs mart~os~rees to p~,y to the ai de~nsnd as s reason-
~ , ab~e mo~thb~i.~~ta
~i~or the sn amount at le~st eqaivslent to ~(~n:)
: ~ o~ the twelv~e mo~tbly ins~~l~~pyrab~ in the the~ qirrent ye~t plqs the aatusl amo_ant ot the snnuai
~4
~ water rate~ and insnranoe paremi~maa i~ a~ch resr not oavered bi?' the aioreaaid
~
~ ~ 9. The mortBag~nr further ooveaanta tbst ahould thia mo~e snd t~ note sewred hereby not be
~ eligi'ble for insnrance nnder ttre National Honsing Ad withiu 3D deya irom tbe date ~ereot
~ ~ (writtea atsLement of sny offioer oi the Federal Howsin~ Admimstration or anthorised agent oi the
~ Feder~ Hauing Cammissioaer dated aabaeqnebt to.U?e f pre a id time from the date o! t6is
mortgag~. decl'uung to insure asid note and. thi~ mortggg~e, ~euig ~ned oonclusiv~e proo~ ~ such io-
a mortQa~ee~ the holder oi the note may, at its option, de~Isre all wms secut+ed hereby
in the event oi breach of this mort~e or default ou the p~rt oi the mo , or
; t - 10. T6at (a)
~ (b) in tLe e~rent that at~y oi esid aums oi moaey Lerein re~
-erred to be not promp~lly and it~ Psi wittr
; ~ o
n
t d e m a
n
d o
r n~
a R~ or (e) .in the a~rent that eadt and e
v
e~? the s
t
i~tiaos, a~e+ee~te, oonditions.
k ~nd oo~vensnts ot nate snd this moa~t~ag~e, sre not dal~r. Prom
p~ q
r. and InUy perfonried; 'thm in
! either or any anch even~, the uida~r~
te sma~ mentioned in ssi
d not~e then remsinin~ anpsicl~ rvith
interest aocrued to t6~?t ti~me, and sU -moneri seca~+ed her~eby. ahall beco~aie dne aad p~?sble lorthwif~t, _
; ; or thereafter, at the option of said mortga~ee, as lnlly and eo~c?pletely as ii sU oi me said a~ms oi money .
I ~reu+~ oralns~U~? stipulated to be paid on such d~,q.sq~ thinS in ssid note or in this'mortgage to the eon ~
~ ~ notwtttutsad~ng; and therenpe~ or t6ere~titer, st the option oi e~id ~~ort~ee, withont notioe or d~ ~
wit at hw or in equitY. my? be prosecnted aa ii s11 moaeya secnred 6ereby had matured prior to its insti-
_ tati~. Tbe mortgsg~ee msy foreclae this nw~t~e, aa to the amount ao decLred due sndpayab~ snd
~ ~ t*h~e said pi+esnises shaU be ~old to satisiy snd p~y- tbe ssme t~og~ether ~vith aoata, espenses, and aliowsnoe~. ' -
e i~ case at partiai foreclosnre oi t6is wort~e, t
h
e mortga~ed prenaises s
h s
U b e so
l d w b
~ e c t t
o t
he eon-
~ ; tinnin~ lie~ of this mort~sg~e for the smount oi the debt not then dne ~nd unpaid. In wch caae t~e pro-
F visiau of this p~r~p~h msY +~isin be avsiled a~ thereaiter ira~n time to time by the mo~tg~e.
~ 11. That t6e ~nart~a~oz w311 siv~e ia~mediate notioe by mail to tbe mort~gee o~ s~? ~onreYsno~
~ ~ teanste~, or ch:n~e o! o~voerahip oi tbe premises. 0: A' p
' ~ : 1Z. Thst no w?~iver ot aay oovaunt herein or oi the obi~ation aecured hereb~ sh~r`~t ~~'~~C~~
~ ~~~raat~eC be beld to be a waiver ot the terms hereof or a? the aote eews~ed her~by. ~
~ a- _