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Home My WebLink About1438 4 . _ ~ +.r~~r~~ _ ..r ~ . t~i~ + • ~ ti ~ ~a.., .~y . . . , _ , . - , - ,st~.~ i~_ ~-~„rli1..•..w~?~+w++1vw-~...:tsR~"'~-_'N~'r~t'a~"~F-~''~ `ht$+r ~~~.~vR'..r.:•.~=.. ~ ~~:in..~.~~• - ' ~7~L~'- ~+W-~.....7., t~...,'~ ~ f § ~ ~ ` ~ . ~ • ~ ~ ~ ~ ~ r ~ ~ . . R Q ~1 ti ~ t~~~ ~ ' ~ i. Uret dr'a~lt i dM p~rio~~wra aE t4 roown~nb ~d ~wrrwrb oE IW w~ep~ 16r aroetp~ ~ b~ ~d ` ' eo oo4at eL ~ iwaMS a¦~ p~odb tiaa e~ pr~iMr )~enisb~ora de~ai~ bnt ir a~as af • d~t is ahr of e~ teemr oE i tN~ ~wra~et,ap~ a~qd 3i~ af ~ 6i/ b iae~la~ d~i a~a~r nt~er ma~t~r aroq~b~el~ !6~ wlthia dar~eibed prapaly~ tbe . , A~oaWfow ~ll ~d ~rlt~ natins bs a~tlde~d t~ tLa ~ aE ~ A~c~lMee cf dit 'asoe~,~p~per~ . aod ~ cf drr re¦R~ i~as~a- aYn~d tbe~eo~ wdt~ th~ uwal aE l~aoelv~ !~a ~~ob cLa`*e~er, a~rd sn~ Reoe~v~ ary ~y~sr- ~i~_tn~u~~eLd t ~B ~4i ~r ~ ~ ~ ~ ~ ~ ~ ~ROC~Q~ ~ ~ ~ ~'1{III~ {A M'i~ iil~p ~ 9. ~ • ~W~ ~ a111d0 tb0 1~Ofl~ag~! ~ !be ~em~tOf }llf~1'! ~Cll~ i!! Y11 tbe[e0~, WI~IDUt ' ~tIQ Wf~~ COf1~Enl~ ~~OC~1l~OiA+ ~ W1~ ii!l1m~~OR ~Il ~'Eg11~ tC[ih Of dW ~O ~11~C0 ~~~1~0~lf lO ~O ~~~Oq Cl~ONb~ ~ SM~ pL'O~R~01~? 110~0 Rl~ 4~! t~ l1fd ~~M~ e'VEG~, ~ it L~ OptjOR O~ ~~1iOC~it10ri, A!1(~~ N{?~~10~1[ ri0~C0, YLYqs ~ A~ttf[I~? ~rlr'E~ j1R'.~/ ~lq1C~~? ~ GOflCliti'O[1~l 1I~Ni lr1C~l COiRVOyiiMCQ biEGDlY1B dUp A[1~ ` ~7~"'o iM~ ~1 ~tU~. ~~O /~ff0~ mt~? ~Z 1Y~1 iq00E/~t0~7 ~i! ~!'!~!!~El~ N~~! 1'E~E`~lU1l~E ~0 ~i i1l01'~giglE ipd L~ ~ }IOC'Oby ; secu~ed in tl,e s~uoe m.nnear u wid, cLs mo~g~ars, aad may kcb~r co sue or m.y e:eend ti~ne for p.puna~c of tbe debt, secured ; harby, ar otba~wi~a act wi~wu~t or in aay way affectmg tt,e liab3lit~? aE t6e matgagars 6ereundec a upoa die dabt hereby secureci. 'I7~e A~o~clatloo ~ra~deal with tlyc MoKgagws aad/ac with wooc~ars in intcrt~at wftb r~ememce to the: ~~i~ge aad Che debt 6dr~secured by farbewrfng to sue. tntending t6e time for p~ymeat oE the debt, 1~'idin8 for diEfareat • the As~oc,~i~ttio~a blw ave~ otbar mo~tgag~ o~ liea~or'a or liokkra~r any~imior~~brx~sts ia~ tbe I~'°P'~Y ~~byany priority 10. '!'~at ~ the ev~ent the p~rmises h~ebymostgsgd, or nny part d~+eaf, ahall be ooodeau~ea and tnlcmi fotpu blio use uncler tbe power af eaotaeut doa~aa~, t6e AsxicLtio~ shall have the right to damand tbat all damnga awarded foc the dJdng oE or damages to said pre~ai~a t1aU be pnid to tbe AssoNatian, ib sucaes~ors ar assigna, up to the am~aua?t unpdd oa tha maatgAge sxid may be aPP~ ~~~Y~ a IxY~~ ~t payabk thereon. I1. It b~e~fkally agreed #}~at tLa~e is the osse~ce of thia coatrad and tl~at aa waiver of any obligatian ~ or af . tl~e obligatia~a ~eeur+ed ~reby st~aII xt u?~? tlme the~eaEter be beid ta be a waiver of the t~asn~ or +a~ the t~n~m~t seeured boreby. ~ I2. If fa~d~osune proc.~eeding~ af any seoond mo~tgage e~ scowid trmt deed ur my f unior lkn oE any latnd dwuld be ia~i- tuted. tl~e A~oc~stion may at ns option, inamediately or therakcr dee4re tbis mortgage ~rnd the ia~btednesa ~eciu+ed he~eby due u,d P°'Y~?We• 19. To the t.~tent of tbe indebtednes~ uf the Mortgago~s to the Asaocfation de~a~ibed l~erein ar secured hereby, iLe As~o- c~atiaa is liamby subcogated bo tbe lien oc ~kat ~nd to tbe rig!hb of tbe awner~ aad bo~trs tliereof oE each andevery aw~t~ge, - be~ or otber encumbranee on the land described ba~ein which is paid snd(a) mt~fi~d, iz~ whok ar iu pnrt, out of theprooeeds af the loan de~cribed be~eia oc ~ec+ued bereby, aad the r~spectivc 1ie~u of :aid mortBj?8e+, '}ie~s oc dher ~ s a11~ t to ~nd be heid by the As~ociatioa hee+ein ~s for the indebtednes: to tbe Associatioa l~reta daecn'~ed or bee+eby se~cu~~w the suae mctent that it vwuid hav~e bean ph~~ awd would Lave been pa~sl M and beea hek~6y tl~e A~soeiatioa b~d it bea~ ~r ~~s~*~? ~s~• er~errea, sec on?« .na aeli.+~aa ~ato cbe A~oci~e~uu by s~par.oe aeed a# .~a,t, na~.~;t~pa. ing d,e fa~t that tbe ame may be :atisHed and c~acelled of recad, it being tbe intwHoa of the partks Lereto timt tlie asuana wiU be s~tLfied aad canoelled of nco~d by t~e bolderac ihareof at or about t~ time af ihe ~g of thi~ mo~rtgage. I~l. To pay aU and singular tl~e oo:ts, chargea, ~nd e,xpanses fndwdi»g lawyer's feaes, n~nably inc~ured ar pnid at any ti~e by d~e Associati~. berausa of the failure oE th~s Ma~tgaS~ tO P~~• ~P~Y with and ahida by each aad tvery stipula- tians, ~greements, coaditiona and cov~nsnts of said promisaozy note und this decd, or either, and every auch paynnent shaII bes?r ~r,adnast fro~tn data ac tl~e rate stated in ths n~ote ~ecured hereby. ~ 15. That be will prrCnit, e~omnnit, or suEfar no wastt, impaument, or deteriarat~an oE snid ~o~rty or any part thes^eof; and 'm tbe event of tbe fai2ur~e of the Mort~gcns w keep the buildings on said and those to bo erceted on said pre~ni~es, ~ ar ixnprova~menes thereon in gaad re~ir, tha Associstion may make and pay ~rep~us as in ib disc~io~ it m~ay deem nece~arp foc t}~e pvper p~ervAtipn d~ereof, aad the fnll amount af aueh pay~aonb shall be :ecurad by tbe lka of tbia martgage nnd sbait ~t tbe optiou of tlte Anodati~ be immediately due and p~Yabk~ a~' paYable ia s~ mo~thly instsllmen~s e~ the AssociA- ? tioa raay determine, aad every such psyme~t shall 6ear interest fmm date at the ~ate stabed in the note aecured hereby. 18. 'Ibat if tbe A~aeiatlon and the Mortgagors agree, the Mortgagors will catry a~C?licy ar poLtcies af insurance npnn t~r lives in ~n a~eunt equal from time to tim~ to the amount af indebtednes3 ~ereby ~cvred, majdng aaid Assaciatfon benefi- ciary thea~eunder, and tbat the said Association maypa y the premiums for such insurarwe (in the event the Mortga~ors do nat). and add each s~eh payment to the unp~id ~balaniee of the loa~, es of the first day of tha then e~urrer?t ma~th, and it shn11 beeome additional indebted~ss secured by tt~is mortgage payable upon demand, 17. That in the e~rent thAt this rnoztgage i~ giver? to secure a c~struction k~an, fa~uxe ou the part of the Mortgagors or tbeir cantractnrs to cawplete aaid building in a~d$nce with Constru~ction Loan Agreeu~ent, oE even date henwith, or to build ssid co~nstructio~a in aa~danee with plans and specificatfone filed with the Asaociation, s~all c~nstitute ~ breac~; of this mortgage, . and, ~t the oj~tion of t~ic Assodation, immediately mature the entire amount of principal and interest hereby seesued and t6e Asso- ' ciation may innmediately inatitute proceedings to foreclose this mortgage. 18. 'I'hat tbe ahstrsct or abstract~ of iitle oovering the tnortgs ged property shall at all times, during tbe lifa of t~is mort- gage, remain in the possession of the Assaciation and in tbe event of tlse foreclnsure of this u~ortgago o~ otber transfet of title to the martgaged prapaty in arti»guishrn~t of the indebteduess securcd hereby, all rig6t, titk, and interest of the Mortgagora in and ta any such sbstracta af title s1sa11 paas to the ~ or grantee. 19. T'be Assacistion sha11 have the right, in its dfaereHon, to require that the Mortgagozs puy into the .Assodation ia s~ddi- tion bo the month}y i~as~b of pdncipal and interest to be paid by the Maatgagors umc2~r the note aeciu+ed by tbis martgaga, aa amonnt eqwd•w ~e-hvelfth of tbe annual 3n~atimemts of any tazes on themortg aged prssnises lcvied ar~e:s~ed by any government~l aathozity, and one-twelfth of the annual premiums for Fire nnd Exten~ed Coverage ins~uance on the mc~rtgaged pearaises as hereinbefore required by che Associstion, and the Mortgagors` failure to make sucb psyments shatl constitute ~t default ur~der this mortgage. . IN WI'TN~SS WHEREOF, the said Mortgagors hereunto set thefr hands end seals ttae day sad year first above,wzitteu. ~ ~ Sig~ed and del~ver~d in the pr~ nf: ~J~~~ . ~ . ~ ~a ~!~.(SEAI,.) ~ Ec~riund bI. Radke . ~~t~ ..ZZ!_.~...1 - - s~u.) ' I~ori~s ll~. Radke - . _..._-----_____.__.....~__..._._..._........~(s~.) ~ , . ; _ ~ ~~Z~5 236-_~~_w_R_ ~--___w_~._.~~~,x,, . ~ ~ _ . .