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HomeMy WebLinkAbout2685 : . . the de8oja~c~. 8nohp~a~ ~~h~li b~ mads within thict, (3~ d~ dtt~~ee wrltten aotios h+oa~ t~he .Moettrte~ , ~tat~ th~ ~apouat a[ tha d~i8oiena~~ whioh not,io~ may b~~ Q[ ~ t u~ tim° ~1~~ ~ h~ i l t e a d e e t A t b s M o r~~ i n s o o o r daaos witL tbs p r o ~Lee+eb~, oi th~ antie~s indebtednaN ~~eated tbeeeb~, tbe Most;ages s~ t~twtes ~LaD, in ooaapntln~ t6e aonoun0 o t ~ wch indsbtedne~s, orailt to~ tha ~ooount at t~6e M w~ aredi~ balanos ~ma~uog ~undee the pen~i~ioo~ ~ ot (a) oi Midp~r~gr~ph s. Ii thers ~hall bs ~ dd~dewr ~ ot t6e prov~~ o[ Wi~ re~ultint . ~ in •pablia ~~ls c~ tia preani~a ~oovei+sd hersby, oe it the M ~aoqu~re~ thepropertj~ ot-L-srwi~s atter ' det~ult, ths Mort~s~es a~ t~cwtee eh~D ap~y . at the tims ot t7~ie oommencemeat oi wch prooeedia~s or s0 ± t~6e time tLe proper~ is ot6erwies soquired; t~e anounL tLa? reauining to aredio oi Mortgagor uader d ~ i parsg~r~ph ~ pe+eoedios a~ ~ credit on the interat aaue~ and uapaid and t6e b~saos to the priacip~l then i rea4aming nnpaid on.s~&i no6s. ~ ~ 4. 8e wW pw a1 t~~oer. are~eat+~. w~t~e ~~be~d o~~ee ~bl oe mnoioiPv e6~r~e~ ~ ~e ± iimipo~ttioo~.~ fae ~rWah pro~r~oo b~s aot beea mads on, aod detault t6ee~eot tLs ~tati+~~ ao~? P~N? t~M Mms; and ~ lr ~i11 prompf~ ddt~e tLe oidal reoeiprs t6eeeta to !hs Mott~. ~ A He will peemit, eo~amiR ae wd[ee eo w~s, imp~irmea a det~eeioci?Noa ct a~W p+opeef, oe ~p,~ thereo~ ~ ea~espi re~oa~bls wear a~d te~s• a~d ie tbs a~rmt ot tbs ~ ot t6s Mo~f~,~o~e to l~e~ tbs b~tl~np oa ~at~ premi~e~ aad thans ~o bs aeeate~ oa Nid peea~i~e~„ ae impe~o~reo~ents t6a+eon, ~a-~ood re~ir WS Mortp~s ay1 6s + ~ w~oh repols r ia ih d~o~a`ti~oo- i„t m{y~r deem neoeeeary `fLa} Lt,6s~wY~/M pre~e~vat~ion tbee»o~ a~nd~ nt~hs fuyU ~mo~nat i M e~~ ~ YY~~ ~ ~~4~~/YIYr ~ I ~ ~110f ~ IDO[t~~. ' • ~ a Hs.~m p.~? ~ ~a ~ e~., a~ .da ~a~s r.~?. ree~ .~~a ~ I ( at.6~r~oh ot Nt{s, i~euirsd c~ piid r?l.ap? tlme by~c~°~toef~aes beo.n.s ct t~he t,3ture oa t~b~sp~e~ ct Ws M~ - ~ p~oimpt~r ~ad to peetoem t6s a~remoeov and ao~veo~nts d Mid pe~omi~oq?~ ao~d~ ~~ad Mid . tu~ a rem e~ ; eo~~, aLse~. and eo~pao~es ~nll bs immediate~? dns aad p~,yabis and ~6a11 be 67? matpia ~ Ss wiII oootinnou~b maio.fain ~wrd 3~uranos, at wch bps os~jp~ aad amount~ as Moe~ag~es ~p _ ~ f ~om tims to ~ims reqnirs, on fbs imp~+o~emsnts now oe bee+eatt~ee o~ aid - and axcsp0 whsnp . loe aII a~ p~wminn~s L~s d~erst~ofo~+s been (a? ~ snd tbe p wmi a~~P~~ ~7 ~ P~ ~ a~ r~a1s tLeoroot ~1 b~s Leid ~b Mort~agess a~~?~s attached thersto 10~ ~,~~5 in fi~or oI " ~nd in larm soosptab~s to tLs M In enenti at lo~s hs wiII ~i~e im~t~s no b~ mail to Martg~~ wd M mw mate prooi~~ it not snads gcomp~ b,~ Mort~a~or1 and escL iaw~ranos aomp~n~ ~ eo~oeraed ~ autLori~d ~ad directed to maios p~mea foe ach lo~s d~rsc. to M r~a~ in~tesd a~ ~o M~ ia~gor ~~on ei~ tbe ~iiat~ o~t ~ted~~Lereb~~~ or to t~e~res~~ ae r~sp ~ot ~ ~P~'~P~T pa!=naged. In e~sn0 oi foredoau+s at `6» n~or otLer traaaier ot 4tle to ths mortg~ed - ~ in ~vnguuhmsnt ot t~6s indebtednee~ ~ewt~+sd Le~+eb7, t~?i, tids, aad intet+est ot tbe Mott~a~oe t ~ aa~ inwranos po4aa tbeu in foros ~6aU p~ss b tbs pnroLa~st~ ar ~,nates. ~ 8. He wilt not execut,s or 81s of reooed ~ i~ent w6icb Im~ a res~ric~ion ulwn t6s ~als oe oocu- ; p~a7 W'~P~3~ dacribed hereia oa ths baw ot nos, oo~ot~, or creed. _ 9. Ii tbe premise~, ar any p~rt thereot, bs oondemned under t~he pawer os amineut domain, ar a~oqnired ; .!or ~ publia use, t6e~~~ awarded, t6e prooeeds for tbe~~ oi, ae tLe oomideestion tor a~ah aoqt~ ~ tan to t~he ezteoL oi the full~ amaunt oi tha remaining, unp~id indebtedna~s ~ecnred by t6is ma:~ge, ars ' ~ here'by u~igned to the Mortgsges, ~u?d his hein o~ a~gns, and sha11 be paid fo~hwttb to ~sid M--~ ~ - o~ Li~ar~n ee w be applied oa aooonnt of t~s last anaturing iastalla4env of wd~ iadebtaer• provided, . , erer, t~he D~ort~ es or tiis s~gaee~ may a~ Lis di~cretion pa~ direat to tbe Morf~~or, hi~ ~ar~ o~ a~ ; aqy Part or aU, o~anch ~~rd; ~ ded, t~ha6 ii the loaa is guaraoteed ae tawred, tbs oon~ent of !6s ~uaraa- t~o~ a i~uuree ~s obt~med ~n ~ oi ~aid m~. lo. Ths M~a~es m~T~ a` aa t3ms a witi upo~ tLi. ~pplp to t~,s oourt lu~.Iag Jurbct~+- , tioo thereot fo~ the ap ; t,ment ~ee~ aad ~h aou~ ~b~l i, wit~ appoia~ a=+eoei~er oi ths p~a~es a~e oo~e`+ed hersbr aII ~uiar. including all wd si~ular the ~ncQme, P~'o6ts, ~ad rs~enues fe+om r?h~t- ~~ee ~ouros denved, each and e~ery ot wluch~ i~ be~'~n es~+e~al~ vndentpod~heeeb7 !nort4~ed ~ it sPeciflca111 ~st io~h ~ad dacribed in ths,~eantia6 sna um clawes he~boi. appaatme~t alull bs made b~ wd? oourti a~ ~n ~dmitted eqwt~ and a mast~ ot ~ute righ` to ssid Mort~ss, ~nd wit~wut rstee+enos to . ~ the ad~quaay or ~w?cp oi tLs ~~lus oi the W'aPertY most~~gsd or to ths ~olreooy oe ia~ol~aaay ot s~id M ~o~r or tLs dei ~nt+~. 8uch renb proHt~s, iaooms, i~ue~, aad rs~eoua rLa11 bs ~PP~ed bY woh rsosiv~ ~ a~a~~din~ ~o ths lien oi tbirm~o~s an~ t~he praatios oi suoh comt. In ths event ot an~ detault o~? ths part oi the Mo~or Lersunder, ths ~-ortga~or ~rees to Pi~ to t6s M. an dema~d ~s a rswo~nabls mont6l.i rent~al fos tbs premi~es an amovat~~tlea~i eq~uvaks~t tio one-twelith ot tLs~ te ot tbs tiwelra montLl~? ~ in~tallments payab~s in t~Ls tLea curren~ ~eat plus tbe aat~ual amount ot tiis aanuai t~xes, arerments~ watee ~t,a, ~nd ~ premium~ for wch year not oo~d b~ tLs ato~e~aid montLl~ p~menta. ~1. In tLs e~ea~ of aq~ be+ead? of tL~ ~ ae d~taul~ an tbsp~ ai ths Ma~t~a,~or, oe in tbs e~tt ` f~t any oi ~sid sums ot m~an~~ Lereio r~+e~sd `o not prompd~ an~ fuU' psid ~ooord~ to t~s t~oe L~Oi i oe in t~hs s~at t~a~ e~ch and e~er~ tbs stip ul~tions~ ~smem~ts, oooditioas, ~uud oo~enanta ~ said nots an~ ' t,h;s , are not duly, pe+omPt~,j?~ and talli psrio:med or it ths Mort;a~oe bs ad~~~ieat~ed bankrupo or m~dee d~~a~ant in a b~ n k rnpt~e~ a~ r e o e d v e n h ip ~ooesdin~~ t h e~ i n e i t L e r o r a a~ a ~ o h e~~ t, t ~ h e ~ s i d ~ e~ e- m~ , hta sum msntioned in said nots tire~ unpaid, with intei+est ao~d to tLa~ t~s and sll naflne~ ~ F ~ecured hersby ~11 ba~oms dus and payabls with, or thenaite~, ~ tLa opt~on ot ~ai~ bI , as I~ ; tn11 ~nd oom iat~ly it all tirs ..ia .um. oi mo~ .rors ori~all~ .tipul.ted to bs p4ia on .nch ,~ng. ; ~ thin~in uid npots or in thia mo~tqa~s to t~s oo~~ noLwitLstanduig; and tbee+supon oe thera~fter .~t tbs opt~oo ~ ~a~gee , Mrithout notios or dem~ad, au~ s~ Lw o~ ia equity~ may be p~ro~ecuted a~ ~t a11 monew ~ ~~eeuredMhereb~ y 7iad m~?~used prior io its inatitutioa. ' Tbs M ma~ ioreclo~s tLis mort~e, as to tb~ ~ ~ amoun~ w declared due and p.yable, and the s~id pretai~ ~6aU~sold to atisfy aud pa~ tbs wias toget;her ' with oo~ts eupen~es, and albwaacer. Ia ca~s oi partid toreclosurs ot this tbs mortgaged pre~ues , ' a6a11 be w~d subject to the continuiag lien oi tLv mortga~e ioe the amouati oin~ no~ tbea due ~s~ ~ such cass tbs pro~isioas oi tbis pusgraph ma~ ~gsm bs a~a~ed oi tbenaft~er from t~i~oas to tima by ths 1~r ~ No w?~i~ee ot aq~ oQ~eoant 1~in oe ot tb~ oblipt3oa ~ hersb~? ~L~11 a0 uy tlme thee~e~it~r b~ F Le3d to be ~ wai~es ot tbs t~as La~eot oe ot tbs note ~ecured hereb~. f ~ 18. Tbs liea ot shes instrumeat ~haII remain in inll foros and e~eat dwin6 ~Y P~P~mea~ oe exteasion ` o[ tLs time ot piyment oi tLs indebtedner or any past L6eraoi secursd berebj. a 14. T~ gage ~n gir~? to ~ecure tLe purcha~s monep~ oe s part `Leceof, oi ths lands herein de~cribsd ` : ~ad i~ ezecuted~~iod deli~ered oont~emporaneowly witat the deed tL~efar. - ~ 15. Ii tbe Mortgwgor defiwlt in aay oi t~he oo~eaanta or ~+eements contaioed Lee+sio, ae in s~id nots, ~6ao tbs Mos~ga~es ms~ p~Iocm tLe same. and sII expa~itau+ea rmcluding reMOnabas af~o:na~'~ tee~) mirde b~ tLs ` ~ ~d ;ag~~ m sod~ alull draw intens! ~t the nte p~+uvided !oe in t6a pcincipal iadebtedae~s. ~d ~6a11 be F r~P~~~e°~r t~) aays dcee demand, and, tog~etbee .vith inte~+esc .dd oost. aoerued tbee+eoo..ha11 bs sxue+ed € ~ ~ 18.~pon reques~ of tbe M~g~s t6s Moctg~goe ~11 a~eeute aod ddi~ee a wppiemeahl note oe ~ aot~es i~ t~hs wm or wmo ad~snoed lb~ tbs Ma~tgsg~es tor tLs dte~ation, moderoisat,ioo, improremhr~. majo- ~ t~eoanoe, or rsp~ir ot said pe+eo~iies~ foe Nu~e~ oe ~re~wneats ~~s wo~s and foe an~ o~her pnrpoN antboN ~ ~i~ld ~lTOI~. 110f~A 0~ nOt~ ~1~I ~ ~ 01l a fy ii~ Y ~ M ~ ~M ~~~1l100 • ~ d~~~ w!!r 1~11ald ln ~N DOt! BiWr d~9ll~ ~h. W~~ OiO~ O! 1l4f~ ~li~ ~1N! ~ ~ _ 1Q2 ~~~f2$~ _ 4 ~ , - ~ ~ ~ ~ ~