HomeMy WebLinkAbout1684 ~ •--..a~.~. .a.r~. a' _ •~J ~ 1~~~•i~• ' ~ •
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; t6e de8cienq~r. 8uchpa,~rment ~11 be madawitbiti thirt~ (30 d~ atter wr~tten no4os ~a W
- st~Lins the anount oi t6e deflaena~~ which aotios my be ~~c? b mait. It at aq~ Zime t~
shall tendee to tbe Mortg~ges am acooM~aas with ths provwon~ ~We not~s aecur~l hsrabj~
~ t~he ea~irs indebtednee~ rspl+e~aated t~Lerehy, the Mortgagee as tivstea ~6~U~ in coanputing ~l
such indebt~edne~s. credit to the aooount oi the M aq~ m~edit b~?lauos ~a~aining under t~
oi ot nid~ph If thers ~h~il be a det~rder aq~ oi the provisiow~ o[ thia mo~
ia • publia e o ~he premises ooverod hereby~ or il the M aoqwres ths propeN,j ot
defaull~ tbe Mostgsgee iu trust~es s6all sppl~r, ~ti t6e time o~mmeaoement ot such proc
+ the tims We property is oLherrviee ~wquired, ~tie smount tLen remauiing to crodi~ oi Mortgagor
~ Aara~nph Z preoeding as • credi` on the interest axured r?ad unpud and the balaaoe to the ~
rsmaaing unpaid on aaid nots.
~ 8e wiIIp~ ~aII ta~oe~y, are~emen~ w~iee s~?te~ ~d o~Lee~o tal oe muniaip~l eZu?
! impait~ou~, fa whiob pronidon lus nat bam made beceiabetae~s. und in
d~efw~IL
tbereot tbs Mort~ei
rms; aod t~6st. bs wlll prompt~ daH~ree tbs oAi~aial rsoeipts t~Lecefor to t6s Mork~ee?
a? He w1U pa~mit~ eomraiR oe w~ltee ao wa~s. impairnaie~ a deleeio~st~ou at a~id pe+opec~ ce sa
emoept re~onabis weas and t~r• aod in t~s drent ot tbs ~ of ths bt
o~~~t~~ to l~eep tbe be~i
pe~emieer and t6o~s to bs e~+sote~ oa rid p~eaoire~, ae imP~~~ ~ri ~od repair t6e 1~E
~ m~oe.~m? ~.tt... ~ ta ~n ~ a~ ~r to~ r~ ~ ~
; ai aoh aud eves~r w~ p.~?o~ent ~1 bs dus ~sd p~n~bis ~ j~da~rs attee demsad. ~~6.n
t6e Ika of tb~r mc:tp~a.
d. He wn! pyr al! aad rq~uLr !~s ao~f~, and eo~ ind~ins re~o~oabls Lw~i f
at abet~taots ct titk, i~utred ce paid ~t ~r t,ims
E~~rt~ges beo~uss d i~he G31urs on tbe paet of 1
~ ~b ~~Pe'~ ~ be imm~e~jr dne aad pa~rwb~s~ ~od ~
bs ~eoured b~tbe~lian~l
; - Hs wilt oon~inoonr~jr matc?t~in L~ssrd iawna~os, ct snch ~ps or~jp~ and amouat~ a~ M~
~k+om t~toos to tims reqer~+s, ~ tbs ianp~~ea~ait~ now ar Lee+eaiter o~ ~sid
-_~r~mi~est and ezoep~ w
~ ~oe aD s~h pe+amiams h~s t6et+~t~a~+s been mads unde:~ oi p~cagnpn ~a aereoi as ~rill P~1 Ps
dns ~nivms tbereior. .All iosuranoe aLall bs ' in companies appe+o~ b~ 11i
aies ~ rsnewais tLsreot ~Lall bs he3d b~ Mortg~es aad bars ~ttacLed tbst+sto las-p~r
sQb~
a~nd ~~~ptabls to tbs M g~ges. In s~eat at loss Ls will gi~s immedi~t~s nuti~os bj mail t
mw m~lcs proot~~S las ii not mad~s p~+ompt~j b~ ~ortgy~orr and a?ch imura
oa~?osrned » wt~borised and direo~ed to make pwmeat for aich lo~s d~re~a t~o Mortg~
~o Mortga~oe aad aetgags~~Ls t~j, awi ths insnt~aos prooeeds, or aqy patt d~m~r bs ap~,,
~t its optioa e~t~er to red~ ~t ths indebtedaers lree+sb~ ~s~rsd or to t~s nston4o
~P~P~41 ~~g~. In s~eat ot torealoa~rs oi tbn o~ ofbar 4~aa~ter oi titte to ~1
pe+opert~ m e~tingu~hment oi the ~tedneM ~1 si,gb~ tit1s, sad int~erat of t~
~ ~s u4 ~n~ P~ tbeo ia loros ~Lall p~ss io ths pnrohaiet .or gi~ntes.
8. He wilt not esecut~e or file of r~cord any insln~ent ~rhich impo~es s nestriction upon t!w
, pancy of the P~P~7 described hereia on t6e b~w ot racs, culor, or crsed.
: • • 9. If the premises, ar iuuy part theceof, be oondemned under tLe power of eminent domaii
. ~ tor s public nee, the~~~ a~ruded, We prooeeds for tt~e tsbnR of, or t~e oonsiden?tion for
tion to t~he eztent of the full~ amwnt oi the re~mainmg unpaid w~ebtedaeMS secured by tLis n
~ ' LerebY ~a~gned to the Mortgagee, and his hain or ae~gne, snd ~hall bs paid fortL~vith t,o esi
. ot his ~ee to be applied oa ~ooonn~ of t6a last mstnring instalLnents oi sucb indebtaeee• p~
~ sver, tLe ortgsgee or h~s aasigaeaj may at hia d~tion pay direct to tbe Mortga~ar, b» ~ei
u~y P~rt or all ofwcL award; pronded, that ii the loaa b t~Le oon en~ a
t~or ac uuura~r ir obt~?iaed in ad~anoe oi said 8~~°t°°d~'--a~°wt"°d,
10. Tbe M J p~u~
don tl?e~eoi for~t~be~spp a'~ntaa~
e~t
oi ~ reos~'re~ sud~iu~ch upon t~hu mo ' aPP17,b d?s oo~ 2u
~ - oo~e~ed hereby all and 'wnguiar, iacl • ~p'~ • o~ue~i ~aU fo~~ i~pplll` ~ lb0!!9~! Q
` . a~er souroe d~~ed~ each and ev o~whu.hit tLs n?oonne, P~~, ~a, ~ad re~eau
~7 ~P~7 unders~,~, ss hereb~ mortg~ged a~
, '~et forth and de~cribed in tba,8cantin8 . um cl~wer Lee+eoi. $~cdt appoiata~tt ~hsl
- such oouet a an admitted eqtuty aad a mat.ts~ 6f absolute ri,ght to s~id Mortgag+es, ~md withoi
. the adeqwc,~ or inadequaa~ oi t~he odua oi tha P~P~Y or to the sal~ency ~ inso
Mo or ths defeadaats. Such r~b profib, income, ~sue~ and rstenue~ sball be apptied b~
sooo to the ii~ of th» ,rt~~ an~ t~e practioe oi wch oourt. In ths evea~ oi aqp defai
oi the .~tgagor Lereunder, ~~e b~
-ortg~gor ~rees to puy to the M op demand as a re~soi
~ r~tal ior tbs ~premises an aamouat~at least equiv~leati to one-twelith oi thsa~ ai tLe t~
iaslallmeah payabls in the tben current year plw tLe aatual amowut of ths aauuaC tsses, a~sa
. ~ rate~, and iasuranoe p~miums tar wch ye~r mL cova~+ed b~ the ator~a~ moath~j p~~nk
11. In tbe erent oi any ~,each oi tbis mortgags oar det~ulo on tbe p~rt oi ths Mortg~gor, i
tba6 anT oi ~ai~d ~ums oi m~u bereia reserrsd to be not promptly aad fu117 P~ ~~8 to tb
~ the eveonL LLat ea~ch an~dyevery t6e sti uI~?tions, agi~oemen , oondit~ions, ~?d ooveaana o}
t~a~e, at+e no~ dulY~ P~?P~,T~ ~~1 P~ozaued or~ !hs Mort~a~r be adjudicate
madend~[endaat in a bankruptay o~ ra~r~ez~hip proceediags~ tben in eitber or any such eveat,
~i~ S11i~1 ~IILIOD~ lII ~ld 110td ~18II~a~n~ng UII~~ ~Il~l ID~ibi~r ~Clq~ W ~e~
' ~ecured b~eby ~6a11 beoome due ~d payabis iortLrntL, a~ tleereatt~a, ~t tbe ogtion of wd
inlly and coa~p~etely as if all the ~aid ~um,r oi monsy wars originally stipuli?ted to bs paid on
~hin~ in uid nota or m tiiis m~ort~ag~s to the contrar~ notwithstandin~; and tbereupoo or th~ebatte
ot ~ud Mor~tgagee, writhout nouos or danand, ~ut at li?w dr ia equitjr~ may bs praecuted ~u
; tecured hereby h~d mstured p:iot to its instifufion. 1~s Ma ma~ ioreclae tiw mort
. imoimt ac dectared due u?d payab]s, and the N?id premiaa shall~iold tio wtisfy aad p~y t~?e
with ooata ezpenses~ aad allo~raace~. Ia cass ot p~rtial foreclosure of this most
g~e, the mortJ
' ~hvl bs so~d subjeet to tLe oontinning lien oi this mortga~je tor tbs amount of tbe debt nat t6ea d
In such caee tbe p~+ovisioas of t~ paragraph may agam bs ava7ed oi tLeseafter irom time
~ Mortgsg~eo.
12. No rraive~ oi an~ ao~enant ba~ein vr d tha obligi?tia? secured bereby shaU at wr taa
Leld to be ~ a~iver of ths terms hereoi ee oi the note secured hereb~.
13. Ths iieu of this inatrumeat ~hall remaia in iW! fon;e aad eHect during auy pwtpoaeau
: at fLs t,ime oi payment oi Lbs indabtedner or aay part thareof secured hereby.
14. Tfiis mort,g~e i~ gi~ea to ~ecure tbe purcha~s iaoney, or a par~ ti~ec+eo~ oi tbe lands ~
aad i~ e~ecuted and delivered ooa~t~npo~aaeonsl~ ~rith the deed tl~eretac.
ooa
{ 1 b. If t~e Mortgagor ~defwl~ ia any af t6e ooo~uat~ or ag~eemeats oo~nt~ined hee+eia, ae ia
I f~bis Mortgag~ee may perform tLa ~une, aad all ezpeadit~res (u'~cluding rea~onabk atto~~ s!a
Mo~tg~gee m io do~ng ~hall draw interest at the nta p:+ovided for ut tbe princip~l indeb~tedae
~ . ~a ab~s tbirty (30) days rieer dem~ad~ and, togethee ~rith iaterest aad eosts aoer~red t6a+eoo,
~ ~i~~ ~~r~~rt~s ~M
; po ~ «rg.~.b.n ~a a~~
aote. fo~ tbe°.om os.nm..a..aoe~t
lb~ t~Cs Mostg~g~ee ror tLs alce~xtio~, modera~.tioa, im~'
' tewnos, or repair oi ssid premi,les, for tazes or aMas~neata a~aiost tLa wns aad !oe ~a~ oth~r
La
i ~i~ L~O~T. S~Id Mf~ aT 110~ rl~ ~ fOC111+~ II~l+~b,1 q1 ~ pi!!~ A1~1 Y~ Y IttU~ Y
i~~!li00d ~b~ ~?L~ ~ ~ ~A D~~ ~f~ (~f~ i~0~l. ~Nl~f~il O~
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