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HomeMy WebLinkAbout0483 _ ~ N.-y!1t? 7~?^~r+'r,~ t..ti. ;yi_. w s. ' ,t . ~ •Y y _ - . . - _ _ . ,a- J.~.- ~*C , ~ y r~ ~ " ~ ~ , ~ f ~ ~ i I i ~ ~ ~ ~ ~ ~ ~ ~ ,r.~.~ ~ ~ ~ pe ~ ~ ~ ~ ~ ~ ~ ~!ee w s+~e~ tM'~ tia? ~~r ~~~ae 1~ w aMe ,M.~e~~l~ar b 1~i. w~ ay~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~r dar~h a[ !N~ tYr ltaefi~N~ ~ M r• pat d W~~ ~M Mr~. m~t ~oef~. i~~ P~'. W e~oMi w~i ~Yw~r~ Mn~rM f~ eo~~ t~le~ 1~ ~~M ~?f,~a'~4'~ oat ot tlW W hu ~soh ~M tlr ~~e iN at adRe~stat tfW oe tlW ~ellt~: ~d i~ aw pet~ ~ocralaw~er Pe'oo~d' lep ~ rN,t1~ b~Loe~ tM ao~Ua~ tlnerad ae tr a~try at ~f. ~uq soah awRs ~ued ~~oMS aad ot~r edarps ~0 1~urr~d. ddui~ a r~onDl~ altoea~q'a t~. ~il a~ttl~N~r b~ pNd. ?!~e l[oet~asw oe W D~~ 1n W- t~'wt. Mlr~ t!w ~ Wd~b~r. a~' 1rR ~ Wrdw~e at W~err wM. Vi b0? tM li[oetp~ ~s Mtrln p:'o- ' ~ld~d !ar mq be ~d ~hb ~ M~aa~ oe at ~m~r tlm~ tl~e~ and aotf~U~ diW b~ aoartra~d to bs a wdws ot suaA ri~t nwM~r a~rlA~oad b~ a~ f~vma~t fa writt~ ~o tbat ~II~d d~tbr e~n~nt+~d 07 ttM Yorti~i~ l[oet~~ae rNalw~ ail a~ ~oa~ ~d mn~pLiaa panad b~ t~ Gbnstltutloa aod Y.aw~ ot !'ioeid~. AND 'iHS ][OR'TCiArI01t D'Ult'TH~ CX?]C~iV~NAN'18 AND AfiA1lS: L 9b pq tM D~DV 1~tadnew wtth fabrwt ~s 1n tIM n~t P~~ ~ WV mo~tht~r nuto tM ~[ori~~w. !s additiQa to ~?d at tM Ume ~ad plso~ !ar e~cb p~?ment ot P~PV ~nd latereat. m inrtdl~at d aach a! t~ tollo~- lnt e1~r~: Tat~s aad ~nt~ ~Y'a1 oe p»d~1. ard W otM~t d~ars~rs 1wNd or to b levlfd a~l~ tl~ WvrmLr~. tb) 1~~ ~ c~oa~tl~de~~ ~r ~prwW~d for o~ z'qa~ii+oa~ ~~ne to dm r~re ~od Td. .moumt a tlr. r~tl~?u ~aa~otbb? ~nt~ dr~n a. e~r~ so cb..auownc o! s1~. ,aa~wl r~w eA.rs~. n~cc ~N (as ~lmnbd b7? tM l(~t~+~). l~ ull ~astal~ab P~b dhid~d b0? t6~ atmob~r o[ montNy bd- ~ tlrn~oe b~oo~dns aw ~wc Lt~r tl~.n a~. nnauch~ eo tb. aw asa a a~p auc4 ce.e~..oa msn b~ wb- ~et to faerw~ ae 8~cnne to th~ ~ct~at ~'qnlr~d to cr~st~ rr ot a mantl~y p~at data aa t~ aots aot fas than aN mawtlr PrWr to tUt due ~1W ot W r~ci~ du~ri~'~ ~n ~a~au~! au~Leieat Lom tdr p~st tbetrat whsa dw ~ad p~,~?aW~. Ip ao a~veat sl~ll tl~ 1[ortp~ee rsos~vlnf w~c~ Ps~n~nt b~ IlabM tae aa~ lntrreat oa an0? anrt,o~unt pdd to It as hei+ela ~~co t~ne x~~ostps.~+?t ~ Stt~a ~baor.t u au~ o~~rLl ise~ian~t a[ tlr atrw~uat a! ~ty? t~uas or ~ants ar~tt due. a~fd such a[orti~t~ Y~11 p+~? tLe ~bov~ cbaries to tht amount d tl~n tMa nn»~ Ctrdlt lhtrdos 1~ aad wkta t~7/ Deooao~ sav~rW~? ~M aud PaU'~. Z'~ Ya'ti~i~ ~Y. at its option, . ~ m e~ooe~e o~[ ~ tT~sn ayma~o~ credtt ior ~1d~i3~r~er.~T6~ rse ~icaouat ~idvanosd shall~b~ im~diata~ ,rod ~ to tM ~[ost~e~ aod diall ba ~ecund af ata a8dltlon~l pr1aClpal wm under tAh l~vmont and ber?s the sairu sat~ 1nt~rMt tran date d adr~a~nent at tM Pdndp~l lndebtedneM. M o~lclwl ricdpt tbesetor ah~11 Du ooncludvr eeldenoe ot w~ch p~L aud a[ t1~ wUdlf~ ot wcti char~e~. 'Y'he ltoitp{K ~rW appb cr~dib held D7 ft tor tM Rbave chat~. ot ao7 Part thtrwt. a? wooonnt a[ ~ dNin9ue~st fmtatlm~ats ot pcindp~l or Mterast or ~u?Y oRMr p~yinenb matytlq~ os dw ua~er thdt lnstrumeat and tM ~rnount ot csydtt ~dstla~ at aW Ua~ adW b~ rednaed by tl~e amouat . tl~eraot D~ a'~ ~s hereln pe~rvWsd. 'TAs arxeaunt ot tM e~ credlt ~r~o~da~ ~R tA~ tl~us ot an~? trandes of the ~ prop~sty ~hall tbout a~t tbereo[ inu~n? to the bAnest a~ tGe ~uoaaor owtter ot tM propert~ and sl~a11 b~ applted undat ~ad wb~et to ~li oi ibs provfdons 1~ereot. Up~? tt~ P~t 1n full ot tlw lndebta~ the amount oi any tmus~d c~[~dit aAtII be ~p~plled to tM psym~nt thereoL ~ Tb~ l[ort~a~ m~J cdlect a"lste chae'se" not W e~oaed tau cxn4 t~1c) fot each oae dollas (~1.00) ot e~ch moe?tN~ lnsvllmmt pwnaent i'eQUlsed an tUe note atid uader thf= l[ort~e whkh b uws~e tban ~tteen U.S) dy?a fn areears~ to oaver tbe extra ~nse lnvalved W t~aadlia~ deiin4uaut ppments. To pq. w~en W~Y~bI~~ vl t~uces Ynd ~urrawnents. L~eral or speciel. wai+er rants Nnd ~round raats ~rad W aRher ehar~es wLtboewr 3wkd upon or aa~e~ed ce P~aaed s~atnst the Fremlres, Pr~oyWvn tor wl~lrh Iw twt beea mad~ t~ere- ~ iab~lor~, aad Mrili psonti~' deliver tbe o~kW receip4 lLerefor W the b[ort~a`+ee; W]iltl~f~ pq W ta~us. ~trea~neats • M, aund otMr chas~r. 1eroMd upoa oc a~ed. pi~ced or mads a~atn~t this ladavlhent, or tbe 1n8~btedns~s or au~? tntei~ut a1~. . y~t atprtss~~ 1n tl~ prcml~es or 'the oWt~atlotis ~ecuere~ he~bY. Pt+ovlded tlu~t tM pq?p~?t o[ anr sueb tlut 1?eer- ~aent or cAarn b7 t6e 1[ort~a~or 1s not ooatrar~? ta Lw or would not rault !a th~ p~1~t a[ an unLwtnl rab o[ inter- ~t oa tbe Lalebte~a~ hereb~ recured. In the ~veat of tLe paw~e ~iter tme d~te of tbis 1ndr~t o[ a~q? hw ot th~ , 3tate. or wbdividan tAereot. wbereln tbe Preffiisa ass wltusted. cre?lins ~ D~i fos a~y ta:, af~e~t or char~ wl~dr bi' tM s~w~w P~o'vlso !s trot to be p~sid by the ldort~gor. the lndebtedtreas ~eettsed Mreby ta~aflws wlW ittterrst due tbersoo. ana11,~ tt tM option ct tl~e Mort~a8'~e. beoome irnmedlateb P~e. Imd itt tbe ev~t p~ymea! there- d 1s aot m~ ~rtbwltb. tM b[ortis~~e map take ~ cause ta be tal~eu au~ actbn oz prooeeding q m~y b~ ta~~n here- m~de~r !a t4a cw at aa~ ottkr detault !n tl~e p~ymtnt oi tM indebtedaea. 9. Tn Iceep tbe b~ildln~s ~ad a~ditlons tMreto an or biereattes es~ected oe pltoed upaa tAe lsm! ln~rM a~ut lan b~ !!re aird ~uch other 1~ard~. casw~itfes and coatln~ecl~. iacludfn~ wu dama~s K~t ~ time a dat~ o~ war eslstr or it app~s W tUe Mad~r of fhe =wRe that rvar b lmmfnent~ snd U? such aiiwunb snd tor weh p~rlod~ ~s my be requfred lrom Wiaa to tlrw br the ~[ortpAee. a~d to A~Y P~P~7 wt?ea due all premlums on wch 1u~atr~aee, pro~vhdon tor pq?- ment ot whlcb ba~ rMOt beea madr? BerNubesore. Tbs poticMea oi im~urnnoe shali h+aw Iwr PrU?~e D~dons ~cePtsble to tbe ltart~a`ee and aball be ddiv~ssd to and beld by tl~e ,[oct~ee~ cr as it mt~ dltce~t, uaYil thls lLaet~ap b s~atf~ed. Rene~wsl po~ildes a[ lnauatio~. p~ntums for which lu~ve been lully pold, ars to be f1u~d W tL~ Yort~ at le~d ' Site+e da7?s pzlor to tLe eac~lration date o[ tbe lnauauc~ tl~ereb~? r~ew~d. Th~ foanr~a~e ~all bs r~nit~n lu eampan~es ~~oe t ~nY ~ ~ ~~f s~ • P~7 or te+awl~la~ taltnre~ ~nrr oi ~ lnsuraaoe comp~a~r to pw' foe W 1oa Qa' dRma~~e inared apttut. Lt tLe event ot Ias tbr ~[ortsa~oz' ahail sfw ima~sdlate notie~ b~ mW to t1~a l[ort~ee w)w mp? malc: pruo~ a~ 1wr it t~ot m~de pr~nptn? by td I~[ert~os: ~ach inatsauo~ canpa~? oc~c~trned b.loereb~? wiborlsM ~ dir~ctai to malce p~ment ior lo~s dlrretl~? ta tl~e 1[ort~w fattead a~ to tbe 3[ort- ~agc~ ~d tlM D[ort~a[~ ~W?: t~s i~nTMOe Proa~. o~' ~n7? WK ~i? ~~PN~ bY tbe 1[oet~ee, at its . o~tfan~ to tbt ac~es. if aap. 1nc~trnd b7 k la tM oolMetlon thenot, to tbe reduetloa oi the 1Y~debtWnew I~reby se~ curad. to tle~ restoratlo~n or rep~9r d the praQrrty daraa~ed~ or rela~nd to t~e 1[oetsa~oe witbout IiaWllq? nDaa the Moet- p~ea tor arch re1~e. Atl potsdew ct fnsar~ce sre lrere~? ~trttqad ta tl~e ltort~sreit +rs ~8ditiooal ~.wslty !or ~he pay- ment at tl~e wms aod MttrMt sreursd D~erebY; In the e~+eat o[ foredoau+~ ot thr l[ortp~a ae other trMnder ot tlW to tM p~mL~ in ~t d the m8ebteia~, a11 rl~h~ tltie rwd fatereat oi the ldart~or 1n asd W~ lt~ur~nct po~ tlMU in foro~ ~all D~aa to tir put+clwer o~ ~rantee. . To ~mpi~t~ wttbla a i+~uoorbi~ Wne au~ buildla~ orbnUdlt~p ~o~v or ~t ~usy timit ln t4o prooerd at erectyop upoo tbe Lad ~nd to p~amaptb? r~p~ir. rato~ o~r rebulld an~r buUdin~ or lnnprovet~nb no~~ ~r berestbr aa tl~e Iaad Nrhk~ ~ay b~ea~ont ~ oe bt de~taa~d, ~wd not co~nmit ar permdt to b~ dots~ ce atl~t on or sboat tl~s P~ ~Y~i ..eereb~ ws ,~han e.oorru 3e.. valww.; to oanpiy ..lu? W Lw., ra1a~ re~ultUoar, or ordlaanoes o~ .ep? so~wrn- ~ ~otal ag~e~ aud uot vid~te or p~rm[t t~ vioiat~on as to tM preaol~rs ct a~q? biaiWln~ oe ttss Y+~strlc'donii: to ltarp tM Lad wd lmpr~b thereon dw traan mec6anfe's and m~t~rtat~a~a'e Urns aud w1n Aot su~es arp? 11~ 1atp~rlOt to tb~ lsea cr~at~d bi' t~N 1a~true~eat to att~ to ae be ~foro~d ~pln+~t t1e~ pehni~a a u d~tauit a a~b. a tl~. pymwat at ta~o~. ~ts. ilw. d~ f~wnmo~. pn~mfuma~ oe aw otMr cWi3. wAst~o~. a~' v4' D~'t 4b~r~ot. ae fe tbt ~ d an~r ~et, to b~ pafd oe pn~lo~m~d b~r tN ~[art~~or ~tader t!N D~+o~Woo~ Mc~. t~ ~oetpp~ w~7. at !ts optioa~ m~io~ pnTmeat tMrot ae p~eloem aa~ ~at rpnl~d d tIM a[ert~p' ie s~7 toem ae aw~a~r d~en~d rap~tl~d ~sd pyr +w0? at1~r snm tl~t d a~owq to ~+ot~a! Urs ct t~ 1t~tru- r . aiat; w.nnounts ro nrwwr mtawc t~r~r6a trAm ttk aat. ot wd~ ys~nt .t ce. .~ua~. rw .s a~ora. 6~ w ~ MOY~ MRW~ ~ tif M~ dY~ a11dp1 ~1l7~1~ ~bi ~Md ZO ~~d~b~ ' a~aM b7 tIM Itaetpp~ tnV b~ ~wide aoeor~e~ to W b~t~stata~ Or ~mat~ c!' pf+0au~ fe'OO !b! ~qp[O- peW. oe[~o. ae w p.sq? ddmfos~ wlt~oat fpdryr w~o tb. ~oe~r~e~? ar waf+lpr t1~s+o~ .na sl~. ~eNpc at .q oafo~r ar p~rq? fw tL. h~adr o~ ttw ie«ccps.. ,aw a oaa~ud~. ~aoe at sbs .a11~q? aoa wsoaeR ae ftNm. ~o ~afd' W+ Yae~a~w a6a4 st !b o~tio.,, b~ wtbro~at~ea W ap 1Mw. eWn~ ur d~awo0. ina to ~II tM r!<hh a~a a~carltlM tae tM PR7~ D~ a' ~ss~ wttA t1~ pslod~l wm ~eu~d ~ ae b~ tl~ l[oet~ dsd~e' tlM pe+v~Yor M~rat~ ~mi mq w~dt wbsaptiou rl~ats ~ii be ~ddtt~l ~eid qman3atlrt ~aurily to mis ltae!- ~ i i ~ I ~ V~ ~ • ' • . : s s~ _ ~ - - -