HomeMy WebLinkAbout2087 _ ~ .~w ~ 1 'IJ+ W _ • ~ 1w • L• ~ I i ~
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! ~d ~i~110~ plymllpti, ~ ~N ~i 1dq ~IICII Q~ ~ii1~ b~ ~!d b~ th! 0101~
; ~ . ~0 ~ ~ ~M m0l~.~ ~~'i~'i ~M IDOl1~ ~a 1M1~ ~
~ __~e ~i~ d p~ura~+~ = D~ a1NII aot b~ ~t ~o reob. ta~ur
amd i~tr~a~~as ths c~w ayU? b~r wh~n the ~ beoom~ dus snd p
~or ~ amoont neoeissq? to ~uloe nP f,lre d~lfeie~?~
a~be~ wbea pqrment ad weh i~a~reot~? tase~, aa~ew~b. o~t ina~raaoe
p~+eanimms +
, at a~yr tims ~ a~o~a~Oe ~hall t+ardas tio t~e nwrtl~a,ges ~a sooordancs with tbs provL
ae~nral 1~~eb~. ltit11p~
t o[ the ent~re indebtsdnas rep~+e~suted t~hereb~. the marfial
pntin~ tlre amovmt a[ ~ ci+ddit to the a~oount o~ th~ mort~oar ailp~pm
~ tme ~avlsi~oeis a[ a) ad para~r~ph S hareo~t r?bich t~e n~a~r~ ba+t not beoome obi~
and an~r bslaaoe in iunds aocimanlsted ond
8~~on~int S. Ii there ~hall~~d~.'~~~~1t~~ ~ a~ ~ ~n~irea~t~u
~ ia a sals ~ tb~a p~ea~i~es herehY narti~
~ ~ wi~s atbe~r deRaoli. the a~~q~p~ee a1u11 a . at the t~me of the t ai wch'.
y~ is rwiae aoq~ . balance tha~ iu tl?e ihnds ac
, (b ai _ 8 as a at+edit hi~ch auU ha~w~m~
ondear 's
a
~ ~ s6~U pr ~~ost sa~y p~a~nb ~ )
4. i'6a~t ha ~ill py aU ta~r. aaemnenb, w~?ter r~te~. and other ~avernn~mtal or m
~ ce i~osttions, foar whkh p~ovidon bas nct been made hereinbe~ore. and in deiseilt
~ ~ss ma, p~11 ~ j~: and that ha wlll pro:npt~ doliver the aQicisl reoe~Ip~s lb~erefor 1
~ 6~. ~ut lN will pe~rmit~ oomaiit, or snHer n+~ wasta impairine~?t~ oar~
~ tion oi
~ a~ thei+eot; and in ths a~v~ent oi ~hs iaihua of tlrs nw~ to
md bs e~+e~tea an sa~id prami~e~, o~ i~nprov~n~ts iereoo, ia ~ood
~ ~ i~
amaaof~~e~ch
a
d~d~oa
i~t ~1 bs~immedia~teb?~due~and p~ ana
j : b~ tbs liaa a[ this m~ortiace. _
~i
~ i~ Th~tfi bs wiU py sD and y tbs cab. chatr~'e~, ~nd eacpe~n~es. i~1u bec~
~ a~ oasb of abstracta o~ i~Encnrred ce pdd at at~y tinae bT the n~~~
~~s ~~~d aoatsr~n caa~es,pert'tsd lacAen~at s6~t11
bs inom~~1
~
~ ab~a~d ~6aII bs asaor.ed b~ ' lfe~ aI thL mork~a~e.
' 4. ~~e wIU ths imp~+o~o?b no~v eziatin~ or Lersai'ter ~+ected on t6e ma
; i~ared as- bs re~i~+ed ~icam tims to t~baynd~tar~~~ as ~ b~e ~re ~
~ d~~~~nms on snch insnsance~~U? t~
nir~
. a~d wi~ pa~ . whea ~J? P~
aot beea lre~+a~nbe?ors. AD insuranoe sh~ull be carrled in oooa appro~v~ed b
tes poucies and re~ne~w~ the~ea~ sbsU be heid by moi~t~ee ~d ve attached the
' c ~~Q ~r~' ~ i~d ~II ~OZlb iC0l~i~ t01~ ~D~$~. ID 6~ Ot ~O~Ri ~ Q~l
~ ~ a~oL'ioe~ rnail ~o maat~es. an~d nN~rt,~a~ie aw?lnalce p~+ao~t o! bts ii not made A~P
- and insoran~os ooanpsny caroerned hereby aothorized and direct~ai to auke ~
! 1as d~reetb t~ ~~a~ inst~d a~ to mort~ca,~oar snd m~rt ~a~ee~iointl~?. and the i~wu
- ; s~ pa'! t~+eo~ m~11? ~a~b7 mor~es at ib opNon to the rednctian o2
a~s~ secored a~ to the ao ar rep~ir oi ttre dsma~ed. Ia swent c2 i
j ~ ~ ~ otle~r tran~fe~ ~ title ta tbe propert~? in e~tin~vis6mer?t o~
j , s1tp~~tle` and inte~est ~ the moit,~or in ~nd ~ aay insurance pol
~ a6aH pan to oe Qantee. ~
8. ~at t6~ m~ostp~ee nu~1, at sn,1 ~ P~t a sait npon tl3s mort~a~e~spp
~ f~ ~oa ~ for tLe appo~nto~t a~ s seoeiv~er. and au~ coart shaU i~
appo a
ot tbe p~ruse~ oover+ed hee+eby aU and ~En~nlar. i~~cludiat a11 ftud
' . iawe~. ~nd rs~oes from whatevmr aooras deri ed, ea~ch s~nd av o~ whieb, t~e~y
~ ~booa, is her+eb~ mort~agal as ii set laart6 a~ad ddcrib~i~ the~rantin~ and
~ snd soch reoe~v~er shan~~the brosd and e8ectiva fiux:tions snd p~
e~ b~ s Qoart t~ a reoeive~ and sacb appointmeat atuU be m~de by weh com
~ ~qnit~ and s matter a~ a~oluts r~ht to aaid mort~~es. snd wtt6~oat reterenoe to the
at t~e valas o~i the pro o~ tio tha solvenc~? or insolveney a~ asid
de~l[~nb. ~nd tbst weh rea~~e+oflt~, i~sn~s, and ravennes ahaU be applie~
b~ the liea a~ t6is ~,~e and the practios oi wch courk In the avent od
_ ~ Lei+ ~i
r~
~le -t6e m~oca~rees to pa,~r to the aa at de
~ ~ ~ ~We mant~~~~or the an amount at lesst eqnivaleat to o~s#w~~~ (~'i~
F • a~ th~ twelve mo~ntl~r p~,yabse in the thea curre~nt ~ear pins the astual a~a
~~ar~e~en~ wate~ sate~ and insuranae p~+emiimas far aa~ ~ear nat oovere~
; 9. Tbe m~artgsg~oe~ turther ooven~anta thst ahoald this mortga~e and the note aea
~ligibie ior insaranoe under the Nstio~nsl H ~i~g Ac.~ within 30 daya ~
(wrtttea atatea~ent ~ any oHioer oi the F~d~anl Housin~ Administr~tion ur ~wthoi
~ ged~ai~Ha~ng Cammias~oner dated ~be~ebt to.the a~ortsaua time ir
~ martgag~e, declinin~ to insnre aid note snd- thip ~morEg{~Ha. be~n8 deesned oonclusiv~e
; dig~'lit,~?). the mortgag~ee or the hdder oi t6e note m~y, at ita option. decLre aU sn
+ namediste~y dne aad p~ble. . - ~ . -
; - 10. T6at (a) in the eveat at any breach oi fi6is mort~e ar defiult on tl~e put of
# ~ (6 m the event tLat sny of asid aums oi money herein reten~ed to be not prompt~y ~
~ d~o~nd or or (o) in the event that each snd every tbe sti ~ra
~ a~a oo~.~ts ~ no~e ana this morr~e, .re not a~ly. pram . ana iuAr p~
eit6er or sq~r auch evenk the said ~ aam meutioae~ in aai note ti~ remai
in~es~est aocraed to that tiir~e, and ~aoneys secw~ed hereby, ahsll beoome due snd
at thereaiter, at the option oi isid morkt~e, a~ inUy and oanpletely as ii sU o! the ~
wes+e or~In~l~r s~pnlsted to be paid on sudt day.aaythin~ in ssid ~ote or in tbis mort~
; • notwit6~ao~iu~; and pon or theresiter at t6e optiat otanid nx?rtsa~ee. r?ithon
-
snit ~tt hMr or in eqnity,~m~~,y
b~o~this nw sU mone~sy
to~amoun~t
~ declared dc
t6e
~ pr+em~alult
be~s~d to sstidy aad ~aame to~ett?er ~vith ooata. espen~
' In ea~e et psstial foreclowre at t6is mort~age, the mort~a~ed pt~nisea shall be sold
c~ t6~ para~raph m~y ssaia be avsilte~d o[ ther~iter iroandt~ime to utim~e
bjr the
~ 11. Th~~t ths nart~r will ~t~ne immediste noaoe by mail to the morts~ee ~
~ . tsaodw~, a~ d~anre ot owner~hip of t6e premises.
= theee~i'~ b~ ~tld
t~o
b~i
a~?ai~vee~t bereoi or o~ ~aawrsd hereby ~
. ~
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