HomeMy WebLinkAbout2007 ..r ~.+l~ 1?... i~.~ f •.s ~a.•~ ~.,~,..r. ?!til ~ts. a w ; _ _ . .
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' ~.,.~~~ilL~~...~o~t s~h ottrer plae~ a~ r~ d~~ig~at~ ia
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Md wd~ af w wlrtha m~k~?. furanlar a wdon~r. Me'~bY ~nMy walv~a ~nd nnww~ MM in0 aM Iiewwd+~d ~o+~ptian ~irMS .w wwY
11w~ ~r~drr tM CawlMdkn or ~rs d tM StaM a1 llorld? or wqr o1Mr StN~ a UN1~e StM+r, w q~M~!M Mis nra: ~M Meh f~rthr? walwr dMw~4 ; ~
~r11o~ M~pr~r.~ and P~~~ ~r+d M w~k k b~ao~s +ro.rry fe aoM~of 1hN welr 1M'ar1~ r? Mlanyr. af'MS to p4r aM oaM~ of osMKtlati
MKMr~r~ wra~iM atlanry'a f~r~.
. Principsl and iuterest of thi• 11ot~s shall bs dw and pa~abl~ in
quarter-amtual installsent~ of $1.100.T~? ~ach co~oe~eing Jul~ lr 1965
and cantiauiag on the l~t d~a~ of aach and ~wr~ O~etober, Januas'f. l1Pri1
; and Jul' thereaftar vmtil ~+aid principal sus is paid fn full. All :
p~a~~rnts ~ to be applied ~firat to aecru~ed i~?tsre~t and re~inder ,to
~ prin~cipal. Interest shall b~ calculated at the sata of 6x psr am~na ,
~ an.the unpaid balanc~ fras tise to tise r~ining. In the avent af ~
a default in aa~ payssnt ot priscipal or intere~t ~rhich default s~sll ~
b~ not corrected wit~in 30 dajs tber~?ftir. t~ea t~ eati*s s~stiaing
~ wapaid balan~e shall i~oediatel' becoo~ du~s aad pa~able at the optiaa :
, of the Z'older of thi~ pot.~e. Au~? payment or sn~ part theraof ~a~ be
, ~tde vn ar before ita due date vitho t pen~tlt~,
- aff ixedS otoriginal
No e and t s~ru.
, cancelled. • g .
~ aua~e ~ ~~n g t - - - s~+~ ;
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a~a .bau may. pro~tpys and ln~s p.rtosm. .s~a~te, .nect. c~p~. nomp~ wfcti aoa .e+a. e~r ..ch
rwd ~verl th~ d1W~U?tian+~. artw~nent~. cooditl~aso~ eovensats ot aWd praaats~or~? aot~ aod o~ t!W most~ai'~.
t,hen tW~ ~ao:tsr~e and td Mtr?t~ ber~r cr~at~d ~hai! ceass and b~ null ~~oid.
It i~ und~rrta~ad that ~ac1~ d tlwi wotdr. "+wt~." "m~rt~aio~" auQ "moet~a~w' v~d7 ~A tlwt prar-
owu r~i~rrios tb~retor ~tL~s in t~ sin~ulu or plural aAy~vMr~ 1n th9~ mort;al~. ~+da~ul~r ft o~ od~ .
' ane ahW b~ piaral t~W ~~Y. st more tl,aa aa~, ~ad aAau b. aaasc+~tin~. t~n~tuin~ andlae ~nt~s, wtaeri .
~vec th~ ooatiact ~o impliM o~r sda~it~.
?~?d u~1~d ~[ort~ai'or for Aimssti sad It1s Lbis, a~al r~pz~ntatlve~ wmo~r~ aad aMi~au. 1r~'~by ~eti-
anb aau a~rsM to a~W with nid ltoet~a~ee, hl~ lenl repra~wtWvar. ~uoosawt~ aad aa~pns:
rlstw a W PromWory
a~ot~„
+r~d
t~mc~ais~ aucb a~d~ev~ry~ P
~ o~~~s ~~l' tb~a
~
~wrauy b.oom. aw.
1b pay sll ~d ~tr~alar th~ t,aices~ ar~wmaats. l~vi~ 1iab111tia, oWi~at~a~s and iacumbrancw o! evary
nsWrs and kind naw an sald de~cribed PxoPerty~ aad/or that t~r~after may b~ impo~ed. wttarad. Plaoed. lavied
or a~sesred ttiereupam, and/ot thst berwites may M tevied or asrssaed npon t1~1s mort~~e aad/oe tbs indebteQ-
n~ a~cured l~ereb7, esch and ~very, v?hea dus and paysWs acaordln~ to law~ bet~ tbq bsoome deUnquent, .
illd ~Ort illy ~A~~ it4Cbl~ Ot iIIy pl~1~ILy 1a 111CU1TEdi tpd 111 ~O !at Si My L~'!Q1 1/ OI !lOOid ~iA ~1R~
~ sba11 bs promptty ~aii~lad aad dlsclu?rred oi secard aad tl~e orl~trul otlfMal docusnent (aich aa, for ln~tance.
tht tu receipt or the ~sWtactioa psper oiridaUy ~ndor~ed or certliled) WW M pl~oed in ths hands oi ~ai~l
1Cortgag~ wlthin tm? d~?S nest aiter paymeat: ~nd !n the evaut thst aay tMeeot is not sc ~1d, ~stistled aad
~f~cbaried, a~id Yortgagee may et a~ay ttme puy the same ar auy pwrt tbeseot witlwut wsivln~ or silecting
. oay opUOt~, Hen, equity ar rf~L uadas ar by virtue of this mortga~R and ttie tuli a~amt o~ awch and ever~
such p~symatt ~t~a1t be imumediately d~ss aad pa~yable and shall bear iaterest ircim the d~t. ttuereof uniil pald
at tbs rate of ten par cxntu~a per ~num aad togetber wfth such tatersst ~hall bs ~ecur~d by t]re tien oi thir
mortgags. .
y~
inaursnce fa the usual dandard poUcy torm, 1n • ~um aot leas thsn = tch com..
P~Y or oompaNe~ as muy be approvad by safd l~ortgsge~: and W wch fnsursac~ polides w-•• o! ~id buila-
~5~. ~7? iateYwt tberei~ or tbe»at. W tbe sggregat~ wm aioras~td or ia exoess ~.~h~II oantafn t]»
t ys
usual staadard naortgs~es we maklas the loss uader wid policfes„ eaeh . paytble W~id Mortg~..
` u his lntorest maY ~PP~~ ~d esch ar?d every sucb poUc~J? rbaU be y de vered to ~~ad hald by ~sld
l~['~QOrt~r?g~: ua4 r?ot lw tbaa ten da~rs in odvanc.e of th~ n[p~ratioa pollc7. to dNiver to stttd Mort$ag'e~
a rauaewal tbsre~vi, ta~eth~r wlth • r~arfpt tor the lunn ot renrwal: arn! tb?~rs ~h~ll bs na suc?s ir,sur-
auos pLced oa aa~ ot s~W b~ildtngs, aay interert erein tbteeo~ uoMr fn tb~ torm aad with tbe los~
r•r~1~ a. ,rtorui.ia; and m we •~ra: atiy sntn or beoowe. payaw. ~md~r we~ paiicy or poucies ..sa
~[ortgs~gse ~haU 1L?ve ths optlon to t~eceive y the ~aane an acoouat of thr fnd~ sscurd hersby or
~ tapa rnMt s~?id lRortgagos to receive eusd or ~y part t,h~a! tor othas wltt~oat tl~rebp ~vaivi~
~ or impairlna aAy equit~r. If~a or K or by virtue of LbL inort~api ia tb~ w~nt Wd KortBaaor s1~sl~
~ ior aa~r reawn faq to keep d premtsar so tt~ured. or fail to dW~er pzonnpt~? any o! pid policlp ot
liuwr~~a to sal~ or lail ytty t+~ psy full~? any pradum tb~toe, oe i~a aru? r+~p~et td1 to Da'`
toern. dralu?eh, +tt.ct. oan~ooa+ply wltn ana ab?a. e? thl. oo~.s.ns~ or ~u,r part e.r.ot, wa xorts-
K~ ~•r p.r ror .ach sa~ur~.no. o: .~uy p.rc ctiarwr wlchouL «~.l.syc or wa.aaas aay opaaas. lten.
equlty t under or by virtw of U~{s aaort~a, and the Nll aq~onat d~ch aad sr~r~ ~eii paprne~t ihari
~r due aad paysbi~ sad ~h~l1 bs~r fater~st trorn tir~ d?te tbfreat unW pa10 at t2M rat~ ot tea p~r
4. 'rb p~e~att, ooa~it ae su~e so wa~t~. ~atpaient~at oe d~t~~eioestfoa o[ ~al4 prvp~rt7 oe ~ part thera~
pyr ~D and th~ awt~ dWU'te~ aad t~cp~w. ~ ~wo~~+ ~~7~w twr ~nd cask at
wD~te+~ct~ ot tIW~„ ~Paf4 it atU' tlms by said ~Wrt~r~'w b~eattN ~aadlae b tD~ rsnt at t1~ failuri'
aa ta part ot ~ iatd to Anl~r~ p~romptb aad itdpr P~elbenr. d~ar~ ~ odrict. camPl~?
oo~br wfth asa ~bid~ b~r~ w~r~? tb~ d~Palxtsa~~. a~e+~am~h, aewlNt~oq* aad oo~aaAis a~ ra~d promlF
~ae~ wody a~d tili moet;a~~;, ~?7 ar Ntber. ard aid oosts~ eWi1"a~ ~4 ~~4 ~~d ~7?. ~all b~ !m-
~ ~t~ dw iwd py~bi~ Mrfwt~t ae aot tA~ b~ aatioR ~ ktwept !a ooii~et oe wdL t1w
!nII ~ooettt ct~~ aad wa7r auo5 pyra~nt yall bar ixt~e~st fra~u t!w dat~r tMe~o! tiatll P~tb~ s~t~ at
t~ pss oaetm p~c aow~: ~rd MII ~W eooh,, dw'~'M ~d ~w ~u f~ourtrd ~ p~l~ t~R1~e ~vlta wob !a-
`o- t~e~rt. ~D Dr Melu+~d h~ tlN H~o a[ t~ moetaap. ,
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