HomeMy WebLinkAbout0840 I r... - Y~~.-.. ~'.r,a. .
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~ S. TO pl~ M1d COMYMqY~Ir kMp 011 thf bY11dM1~ 110W 0~ I~KMhM ~IhNN p1 N1d IMId ~nd 011 ~~qYlpirNM MM~ OMtoM:ly cOrM~ ~ tlll~ 1110f1~
~ wNi~ aM pe~ndi~ IM~ron pNd in fih MMw~na N ~M u~wl ~1Mdwd PoUh? ~a~R N• w~ approwd b~r tlw lNORiGl1GE4 ~nd rrindaor~
Y~Ma in MN wwl N+ndad policy hn~, In ~ w~ approwd by ~M MORT~iAGE6 N wd a oompanfN M 11» MORTGA~3EE ~
+ inc4 Md ~11 hn ~nd wMd~w~~ M~w~na oo~tciM m~n~? of Nid buii~p~, ~r hwut MwrNn o~ p~h ~M?~of. !n tM aporp~~a ~wn ~ta~id a .
+ 1~ ~so~ NM+sot, iA+~N oaw~ dr wual W«~da~d ~orq+pN ctwN a wd~'aM. dwN M N» MappN iwt? nquin,, ~+?Nq t1» la~ unda uid po14
dw ..d~ a~+d w«r. Wr~bb a s~W MORtGI?GEE n ih MtKhf nyr ~PP~M. .~d ~.d~ .~+d w~r wd~ vakir ~ b. w~whr a..a»d .~d d.uY...d a
rMl IMW by s.td MORtGAGEE a fwNm aarr~r a ~.W n~o~pap. d.b?. +nd, na la~ ~h.n un (to~ da~rs In adv.na o/ th~ ~xpk~Non ot .ad~ policY. a da
~ Mw~ a wid MORTGAGEE ~ r~wal N+Kwf, w~iwr wi~l~ ~ e~ulpt for N» pnm~a of wd~ ~w~way ~nd N~ ~I?~II b~ no fw~ a wind~ann Mvwana
, pl~ad an ~r of Nid brlWinp~ any b?1wNt d»r~in a part tAMwf, w~s In tA~ lorm ud witA th~ low payabN a ~(wa+Wr and In lh~ ~v«M wiy ~wn~
01 ~y b~conw py+W~ urdw wch policy a polici~s ~aid MORTGA~iEE ~MU Mw Nr op~ion 10 ~~atw ~nd ~pplr tM wm on ~ooow+l ol eM ind~bt~
' Ma Ncw~d I~~by a q pKmit s~IJ MORTGAGORS lo naiw and uw k a any pan /Mrwf for aha purpw«, vli~hout IhKeb~ waivinp a impair- '
; ~+~1~ ~h. Wn a~iph~ w~Mr a bp +rM~w of tM~ ~norp~e~ and in tM ~wet wid MORiGAGORS shall for any nasan f~il ~a kNp th~ wW pr«niNS w ,
Nw..d. o. f.u a~sw. aoMaM «~r ot ~w ~~a a~w.~. a..w MortTC~?ce~, a ~.u ao~b to wr wiy .nr pr•mi~,n? iha.fa a in ~n~r :
rap.a tatl ~o pwta~a~ drat~arp., u.cva, •H.c4 compN?~. cw~ptr wtrh and abtd. by N~ ~ow~.n~, a.ny,par~ Iwr.of. safd MORTGI?GEE mar pl~c. ~nd ,
~ par ~a wch MMUr~a a any p~rt tlwrwf withow wNvinp a aft~cttnp +n~? oWionr Ii~A, p~ih?. or ~iplu urdK o~ hl vM1w of ~his Ma~p~. ~nd tM ~
~ firll ~nawy of ~ch and w~ry wd? parmN?t ~FMII b~ i~li+~~fy dw ~nd qyabl~ ~nd ~h~li bw W~tpt han th~ d~b tlw~of urttN paid ~f t!w rat~ ol i
+wN pM anhw? q? MrNwn and wp~thar with wth intKNt ~hall b~ acur~d by tM li~n of Nib nwrlpp~, t
1. To p~r~nir, oonrnit or wfhr no v+Nt~, Yap+Mn~a a d~~Kior~rion of u~d propMty or ~n~r p~r~ th~r~ '
. S. To p~y all ~nd ~inpulr th~ cosh. ciw'p~s +ed ~xP~^a~. inckd'uip • nason~bb ~nom~y9 fM +ed oosts of ~bsn~M of ~UI~„ Micwnd w p~id N ~
; ~ny tMN br uW MORTGAGEE. b~cww a in th~ w~nt of tM I~ilun on 11w put of tAs ~ak AAORTGACAR b duly. pompMy ~nd (r11Y p~rbrn~, dycharpR
~x~nAR. ~ffut, coml+bh. co~ply wiM w~d ~bitl~ by ~ and ~wry tlw itipubiioia. prNmsms. uonditlon„ and oov~Mnb of said promiswry not~ w?d thb
1 warqp~ any or ~itMr. ~nd wid coat~. ch~rpa and ~xp~n~s„ ~~ch and ~wry. ~MII b~ MmNdiatdy dw ~nd payabNt wMtMr or nw Ma~ b~ naia d?
j ew~d. +tNmpt b tolMct a wft p~e~'inpj and !M full ~nwwN of ~sch ~nd ~r wch paymNN ~hall b~a? InNt~1 fran 1M d~N 1Mr~of until p~id ~t tM
~ ~aN of nN~ PK oMtwr~ Pw ~rr,wnt ~nd all ~aid oosn. dwpa and ~ap~nset incwnd or paid, wp~~ha with wd~ MMrat, ~11 b~ ~etw
i bp tM li~n of Nw
~a~
( b. ih~t W M th~ ~wr?t of any br~acA o~ tNs Morlpp~ a d~fwit on th~ part d tM MORTG~?GOR, ar h tl» w~M ~ of wid wm~ of nan~y
! Iwnin nfKr~d ~o b~ ea promp~t~r and fuU~r p~id wi~hh th'vty ClOI days n~x~ afta tM sam~ wvK~lly baom~ dw and Wr+bk. whhout d~mand a notiq, ' -
ond
; a W M ~h. w«r ..ch and .wry ~he s~iputniaa. +pn«nN?n. ~ond~riau ~nd cownann of u~d pomis,a~ ~wf• .nd ~h~• mo~fp.p. aey or N~Aa an ea ,
' ~Y. P~~Pj~1? lulh? P~fo?m~d. dad+uyed, ~a~cvNd ~ffscNd, compl~t~d. compli~d with ~d ~bidai `y. tlwn h ~itMr w a~y wd~ w«N th~ aid :
~ 0?.p.M .we io~.a In .+fa promi..ory no1. tlw~ nm.Wnp unp+id. with G~n...~ .«rwd~, «+a d~ ewo.y. ..an.d t»r.b~r. sh~ft b.oan. dw .nd wr i
able fatlwrid~ a ~Mnsfa?, ~t th~ option of said MORTGAGE~. a fuly ad compl~~ay ~s li all d th~ s~id wna of nwn~r w~ oripinNl~r uipvt~~ed
s 1o b~ p~id on dar. a~fNrg in s.id p.amissory na• or tn ~hk Maqap~ a N+. conuary nawi~Mand'w~ and tiw.upon a Nrnaftw ~f N~ oqwn of ~
; s~id M4RTG/IGE~ witMiA ~ofioe or diwnr~, wit at law or M pu:ry. Nw~tat a ti~+eaf~ ma M
; A~d ~wnd prior a aa Ma~iwtioti Y P~~d a it NI mww~rt »ow~d hw~by
. ,
' 7. ilw h IM w~n1 t1»t ~t tM b~pYninp o1 w ~t ~ny tfm~ pM+dM~p ~ny wit upo~ thb Mwtp+p~. a b tw~clos~ q, or w nfwn~ q, a b~nfwa ~
~ pa~n1 of any daim~ ha~r. s~id MORTGJtGff shsll ~pply to th~ towt havirg jvri~diction tlie~~of !a the ~ppointn~nt of i R~cslwr, sud~ Cow~ ahdl
~ for~hwNh ~ppoinl ~ nasiw~ of aid mortpapad p~oputy all ~nd strgular, indudu?p a!1 and iwiqvlar ~M krcam, prolit~, aw~f ~nd rwNwn fran wh~1~vK ;
i wura d~rlwd NcA ~nd ~v.ry of which, it b~inp ~xp~~s~ly w~deruood. ia M.eby mor~ya~ed a ff sp~cifkaly wt forth ~ed d~w~d In dr p?~ntinp and ~
' lrb~ndwn clrn~s haw(. and wd~ ReceivK sMll h~w ~11 ~}w broad and ~ffa?iw fwKt~om snd powks ie w~wiN Mtrvs»d. b~r ~ Cowl w~ R~c~iwr. and
; wch'1PQOfI111M111 ~IMN bf ~II~ ~ WCII COYft q M~111~f1ld lqYity Mld ~ Tiltt~ of ~bsoluN ~glu to_ sdd MORTGA~EE. ~!d witho~q r~i~nna ~o tlw #
; ~d.qvacy or Mud~quacy of N~. v.1w of rh~ w~~Y ~p+W~ w a ~h. savenc~r a inwlr~ncy of uid MORTGAGOR a M. d.f~nd+n~~, and ~haf wd~ # -
r.•b~. Profib. Inoome. Iwue~ and nv~rw~s ~A+11 b~ appli~d by such Reufwr ~ccordinp w Nn II~n w pvlty of Mid MORTGAGEE and 11~ prwis~ of wd~
Court. ~
t. To duf~r, prompUy snd fulh P~rforn~. ~aeh~r~. ~~cecvq. ~H~et oo~1N~ oomply wit!? ~nd abld~ by weA ~nd w~ry th~ Nlpubtioer~, ~pr~nt~ k
j oond'itlom ~nd aovemnh in said pron~sory noN +od ~hia mon~p~ k1 forth. • ~
+ 9. ih~t In tl~ ~v~nt Nr ovvnw~Mp d tIN mo~t~ap~d Pr~n;ws. a aryr prf tMrwt. bscaMS vwt~d In • pwwn tlwn th~ MORTCA~SOR. dy
MORTGAGEE. Ns wcusaas and ~uispn. mar, without tatic~ 1o /hs NWRTGAOR. desl with such wan~w a u+a~s~w b at vritb nfer~ to Nr~
j n~at~+p~ and th~ debt Iw~ ip
eb~? s~cw~d h th~ sxne m~ma a with Mwlpapw wi~M~A M any w~y vhiatlnp w~i~lwpinp Mort9+0ar ~~1? ~f
~ urdK w upon IM d~bt hw~by seaxed. No ub of Ih~ pnmiaes her~bY narty+p~d ~nd oo forbww~a on ItN pwt o1 tM NIORTGAGfE ar tM wa~stors
; a~s~ipru ~nd no ~:tauion of th~ tirne fw 1M parm~e?t of th~ d~bt bu~by aeund ~iwn by Hy MpRT(',/1GEE a Ns or aui~p~ ~hall opaaN ~ .
' w?N~+s~, diulurp~. nadify cMnp~ a aff~ct th~ orlpin~l Ilability d ~M MORTGAGOR Iw~iq, Ntlw M wlwb a fn jwt.
~ 10. It h ~paciftulN pr~ed ~haf unr b of tM ~s~enc~ of thp carraa and tM~ eo wNw? of ~ny oblfpa~ion Mnwdr a o~ th~ obtlp~tion ~r
aurd Mnb~r ahaN ~t ~e?y tim~ Nier~aftM b iwld b b~ a waiwr of tlw tum~ Mr~of or d~ Mrtrwmm wwrd h~rby.
I1. In +ad~ho~ ~o n~. t«.~o:n9 ~+,o~d+h wr+~~• of oru?c:P.~ «,d uue.es~ rpuind bp tM ptomistory nor~ stcwtd iw~~b~r, mo~rqpor eovauny ~
and pr~ to pay ro nwrtpapN wi~h sach ma?thly p~ym~m ~n addi~io~ul wm est;ma~~d by morqap~ ro b~ pu~l b t/12 of th~ ~nwal coat of tf~ follow-
~ A AU ?NI poputy tues levied or aNass~d apain~~ tM abare d~w~ed real ~su1~. - j
d-Pr~rntw~u on fin and windt~wm irowann as ha~in ~ M~prov~nNM~ ~i1wt~ o~ th~ sbov~ de~cr~d pr«niw. ;
; pu~red b b~ tarried on th~
; C-Pramiuma on wd? mor~~+q. ~wran~y irowanc. ~a mo.~yaye. ahall f~om ~o ~inw d..m fif ro wry on ~M loan Kcured h.nby. f
~ AAaqap~e shaN from tim~ to tim~ noti(Y nwrt9~por in wriGrp of th~ arnount dw and WY+W~ hwew~d~r ~nd sucA swn ib+U tlw~~p~on b~ dw ~nd ~
pay~bl~ on tM dw d+t~ of ~he neut mo~thlY WY~~ ~nd ~ach wttessiw monlh ther~~fter unlil nqrtqap~~ th~U nwif~r maqp~ of • c~wg~ In wd~ ~
~ aw~aint. Such wma ~11 b~ applied by mai9p~a towud tM p+ym~nt of r~at prop~rty t~aa„ Inswanp pr~miw% and mo~pp~ ~uaraN~ ~~q !
P~awiwna• ~
~ IN WITNESS YVMEREOF~ NN Mid MORTGAGOR FMf MIW~110 Nt FIi~ IMlld Mld MiI NM ~ ~fld M/ a~OflL~. i
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Ih. r~?w~.~. a..vw.a M.na .~?ho . +h. fot.~oM~ p+.wwn.~a. .nd .amowbao.d bdo.. m. tha a»r .=.nM.a a» um. ta th. prrpo...
~M.Nn u~~wd Md th~ Trwne_,~' ~(~p~~.A~ ~
wlf~ d Nr uW - V~ n tnt. n~ nnrl~[l ~ . up~n ~~p~ra~ M+d w
Np+raN aed p~rt fran Mr wW
~x~4~tion b~r w» tak~n IMnbanq, Kknowtrdp~! b~nd bdor~ nit d~M ~M ~x~a~t~d ~aid (~rtn~nt hMty ~nd volwf
~ ~+?il~r +nd withovt +~Y ownpuafw~. aorotralM, +Ppr ar w of w f~aa Iwr qW Iw~batwL u~r~~~~~
WITtiESS aw Iwrd ~nd offidal Mal d+y •-7~•Q: ~-Qa~+
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