The URL can be used to link to this page

Home My WebLink About2824 ~ ~ . .I~..• ~I1M. ~ •~.rl'V: .~~rM V~. - ..a.w.~• .~L. ~M4~:~C-w+.vCi.• ~ - _.._ia~~_.....~~~ ~..~r.e.~. ~ a . ot t1w l[oe'fi~~w Moaw ~Mi~? ~I~w ~ad p~7~bb. Mrlttwut aatla. aod proa~p ~W? M LwtlWf~d lqr t!w ~oet• sa~ tor tw r~oowes tMe+o! toc~eiowur o[ teis 1[oett~+. oe 1n ~e~? otl~r ~~r p~smltbd b0? L~w a t1M a[ort- ra~p~~ ~Met. WthlN[ 1w tM aot~ o[~ fs Ws Hortp~ oontain~ to tM emtr~'7 th~ert~o aotwlt~tasdl~. Opo~ taw clorur~ o~ tN~ YoeiZ~. th~ 1[arti~~ W?W bs dl~o~d ~a a p~rt d tst ~nd~bt~ a~urad ba~by?. ~ tl~t I~[wt- W~ tax ~h ~ed t~ ac~udoa~to daf+t aaat abtr~ct oi ti ~W P~`J? ~ P~- lu~s aee settled before tAe conn~n~m~tlon tbereot or the eatry ot ~ud~nt, W wch oorts ~nd acpaaws +~d'! otMr chae=es so lncurred. 1~]udlnt a re~onabN wttora~'~ te~~ rhW nrvertl?e3w b~ paW. TM ][astp~r~ or W Putr fu fa~~ ~tor ~~be ~~~lnu~sd4t~ upon~de~ or aaY Um~ thereatter~. ~ t~in~~ sh~]I~aooiRruad to be~a walver oi acl~ ri~ht unla~s e~Wsnoad b~? ~n Intinunent 1n wrltie~ to that e~ect duq? ezacuted by tse ~torts~ee. The ~ Mortsa~or tA?alwa al! ii~!?t o! homaste~d 1md ex~nptlcn p'~?nted by tl~a Cautltutlon ~nd Lvra ot Flaid~. ~ AND THE I?tORTCAGOR FUI~tTHEtZ QUNVENAN't5 AND AGREEB: 1. Zb p~y the prf»dpal lndebtedaeis with lnterest ~s in tda nota provlded. To pay aiontWy lusto th~ b[ort~~ee~ Gn addlUon to ~nd at the tlme u?d pLve for each pa~rnnent ot prindpal aad interest. ~n in~t~llineat o[ a~h a~ U?e follov~- ln~ ~hte~at ~ (a) T~xes a~?d aaoestmeatrti i~ral or apeclal, Rod all other char~ea levird vr to De kwle~f ara~u~t the' premisfs. (b) Premiums to becort~e due snd parsble lor. ~tud to nae~w. tl~s iasu~xnce oa tM pe+emis~ s~atnst las by ~re ~nd wch oth~r 3~a~ards? casualtfes end continiendes ~s herein provlded ior ar raqulred iram tia?e to tlme. Tbe 'a~o~unt ot the reapecWne ta~nthty' IastNllmratr sh~rll be Mual to !he ainaunt at ths ~nnwl respectiw c3u~t~e s~ext d~e tas estlm~ted by tbe Moz'tiane>~ las all last~llinents alreadY P~d the~efor~ dlvlded tbe aumbee d a~o+aWy la- stWments tberelor becomia~ due not later thaa ane manth prlor to the due drte ot a~qr such chtr~~ aad stu~tl be sub- ~ect to increase or decrerue to tbe eztee~t i'QQuired to create os ot a monlNy p~t drte on the note not ka than ane month ptiar W tbe due date at au7 wcl? chasge. an amount su~f!rlent for the payaaent tbenoi wrl~en due snd p~yable. In no event aAsll the Mort~asee reoelvfn~ such payment be llable for aay interest on ~r amount pafd to it as h~erein requlred, and the moaey so recelved may be rield wlth !ts own ivnds pendia~ py?medt or appUcatioa thereot as hereln provlded. '11re Mort~agar st?~11 tundsh unto the Mort~a~ee at least Siteen days befonr tAe due datQ an ot~cW ststement ot the ~wunt af any t~utes or a~ts r+ext due, and such Mortsa~e sball pay? the above char~ia-tbe rur?ount o~ the tbei? unused credit thereior as arW when Wey bccome aever~lly due ~nd p~y?wDle. The Mort~a~ee m+Y~ at fts opUon~ t pay any oi sr~ch cb~rees w1~en WY:?ble. eittur before or aiter the~r ar~ deltrrqueat~ v?flhait nottce. or make advru?ces thereYor in e:cer ot tlre thei? amoun! oi credit for ~ald d~ar~ea The exceo imount advanced s1?all bs bnmediatety due • and payaWe to the Mort~ee aad ~ttW be secused ~s An additional pcinclp~l sum under t,di~ lnstrument ~ad bear the same ' tate of lnterest irom date oi advaucement as tLs pdncipal indebtedness. M o!l~elal recNpt therefor ~hall be conclusive : avidence ot wch paym~nt and o1 tAe valldity ot sunc ~riarges. T!?e Mort~agee n~aa,y app~r eredita be)d by it for the above char~es~ er ~ny part thereoi. ~ R~count of aay dellnqueat lastariments oi p~rlac.ipal or lnterest or ~ay ot2ier p~ymenb n~aturins os due und=e thi~ lnstrument and the smount ot credlt existla~ Rt any Wne sh~ll be reduced by tbe amount thereot pald or applied as herein provided. The ~nount o! the aclsting credlt hrreunder tt the tima at ru?y tr~nsfer oi the ~ ~ Pro~ertY shvi wfUw~ut aad~nme7nt thereoi tnur~ to the beneflt oi the sucoesior owner of the pragerty and sh~ll be applted ~ under aa~, subyect to all of the provWom hereoi. Upon the payment 1n full of tM lndebtedne~s, the ~unount oi any , unusM eredlt shill be applkd t+o the payment theTeol. i The Mort~~ee may coilect s"late ch~rge" not W exeeed four oeats (~c) fot each one dollar <x1.00) oi sacri rnonthly , installmeat paytr~ent reqWred an Rhe note ~nd undar this Mortgaga e~vhich L more thsn Sfteen (1S) dsya !n arrean. to cover the extrs e~enae involved in hendling delloquent paymenta. 2 Ta pay, when payable, all taxes and assessments. ~eneral or specl~~l, water renb wnd ~[~ouad renb aad ~11 ather eAar~es whatacever levied upon or asset~ed or plsced ~t the gremfaes, proWslon !or whtch bas ttot been made herr fabefore~ snd wlll promptly deliver the o~iclel receipts therelor to the Mort~agee; to llicewlse pay all taxes, a~eat~ •r?d otber char~er„ levied upou or asaessed, placed or made a¢ainst this it~struriaent, or the fndebtedne~s or a~n,y fnttrnt oi ' the Mortga~ee in t1~a premisMes or We obli~ations secured hex+~bY. Provtded thst the payment of say atch tax ment or charee by the Mortgagor 1s not contrary to law or would t?ot re~wlt In the peqment o! an un4wful rate ot fnter- est on the tt?debtedneas hereby seeured. In the event of the paasege afur the date oi this tnstxu~bt oi any Lw oi the $tate. or subdlvl~don thereot, whereln the premises are aituated, cnating or provfdlna foe at~y tax~ usdmnent or charge rvhich by the alwvt provi,so fs not to be paid by the Mort~m~or, the indebted~neas ~recured ls~sreby to~aUur vrith inter~st due therews, shall, xt the option of tha Mortga~ee, become lmmediately due snd paysWe, wd 1n the avent payment there- ~ ot b not made forthwith. the Mort~agee may take or cauae to be taken ruch action or proceedlna ~s may be tsketi htre- w~des 1s? the e~se of ewy other default 1n the payment of the lndebtedness. 3. To keep We buildings and addltions thereto on or herestGer erecte~'1 or p1acM upon the laad fasured ~ainst loss by Sre ~wd wch other hazards. casualttes a~d continger~clea. includln~ war damaQes if at e~ny Wne a atate of wu e~dsts or tt appeus W the holdxr ot the note thttt war b lmminent~ and in such rmauntr and for such perlodt„ u mq? be reqWred trom tfine to time by the Mort~s~ee, and to pay promptly when due all premiuras oa wch fnsurance~ pruvi~ion for pmy- ment O! whiCh has not baen nne~de herefnbefore. The polides ot lnwrance Mall have loss ps~rable pravWons accepteble to ttk Mortga~ee and shall be deHvered to atid beld by the l~ortQe?gae, or u 1t msy dlsect. uatll tWs Mortea~e b satizped. Renewal pollcies af insurance. prenelums for whlch have bcen iully paid, are to be furnlshed to the Mortsa~ee wt leest Sfteaa days prlor W the expiraUoa d~te of the insuxance thereby renewed. Tha lnsurana s1sa11 be wtlttea 1a ooa?paeifes • ' approved by the Mort~a~ee; in no event sha11 ihe Mort~agee bs held ~ respondble far failure to pay tor ~u?y ln~ttrance written or for any loss or damage ~rowin~ out of s defect ln eny policy or ~rnwinQ out of any taflure oi any ia:urance • compsny W pay for any loa~ ar damw~e insured agalaai In the event ot loa the MortQs~or ateall ~ive lmmedlate noUce by mail to Ne Mort~s~ee who may make groof of loxft !f not made pramptly by the Mostgu~or; eech lnsurenae oompaay cancerned is.herrby a~thotlzM and direrted ta rnake payment for loas directly W the MortgaQee inarte~d ot Lo tbe Mort- ~a~or and the Mort~agee ~olntly; +!!tie lnsurance proceeds, or ~ny part thex+~at, maq be spplied by the Moat~sQee, at 1ts opdon. to the ex~n~es, !f eny, incurred by It in the collectlon thereol, to the reductlon oi the fndebtaduea banby se- cured, to the nstoratlon or repair ot the prnperty damaged, or released to the Mort~agor rvlthout liebility upon the Mort- ;~agee for such release. A11 pollcies oi insurance are hereby assigned W the Mort~agee as addidone~l secudt~? ior the pay- msnt ot the swms asd interest aecund hereby; 1n ttee event of toreclasura oL t1~1s Mart~a~e or otl~er transfer oi tiW to tka premises in pctinQufshment ot We lndebtedness, all rf~ht, title and interest ot the Mort~a~or la and to any fiwrance palicles then !n fome ~h~l pas~ to the purchaser or ~rai?tee. 4. To saepp~ete withln a reeeoru?ble time eny buiidtng or buildin~s naw or at aay time iA tlu~ proaeas oi erecUon apon the land snd to promPUY ~palr, i'e~tore os rebuild any buildin~ or lmprovemeaRs now or bere~iter oa the laad pLicb . may beco~nne d~us~a~ed os be ~aRroyed, aed not oom~Nt or per,nit to be dot~s or add aa or about ttse p~es anythia~ ~ i whereb~ the p~ ~hatl be~me less valwble: to c~?ply with a~ll I~ws, rules„ t+~~ulaUons. or ordtnar?ca of ~ny ravern- ~ mente~l ag+ency snd not violate or ptrtNt the violation ss to the pretnises at anq bulldia~ or we resUrlctlons; io ketp the i lar?d a~nd lmpmvements tMreoa frs~ irom mechanlc's eind reuiteriwlmen'i li~u and wlll not nt![er ~ Wn ~wrfor ta th~ i 1Mn er~at~d b~r thfs instrunsant to astacl~ to oe be entoro~d s~alnxi tM prrml~a 1 5. It detault be made ln the payment ot taxes, asressmenta~ liens, cWmr. larur~noe pre~nlw~ns ar uq ather char~e ~ ~rl~tsu*v~er, oc aar ptirt thereot, or ln ths pertormance oE any nct~ Lo be p~W ar pertor~ped by ths ~ost~r under ths , provfdans hereoi. the Mort~a~ee ma~?. it 14 optlon, make pay~aent thersot ar periorm sny aat requlred aC tbe lr[ort~a~ar ~ ln ~ny for~n or m~nn~r de~wd acp~di~nt and p~y ar~y other rnu~ t~at f~ neve~ary W proNot t~ s~cudt~ of tl~ Wstru- ~ u~nt: tM iuao~tuta ao p~id, wfeA fnt~e+est tlke+~on ~rn t1u dat~ ot w~ch pa~t at t!M w~ r~t~ q boea~ b~r t~ yria- dpal fn~aistedne~sir. diW M wered ,a~ ~u? addltloaal lkn oa t!?e prerdsss ~nd sha~il bt ~rddMf ta wnd b~on~ a yart ot tl,~ ~ ~oaea~ea,~.. ,e~,~~a aw a~ ~as.e~~ a~e ~a pay.n~ c~ c~ ~o~cs.s«e. ~r ~c ~bs .nriw~.a co a m.ae by cbt xoets•~e nw id. m.ae aoeoralr?~ to ae~y bw. scate~oenc or esti,maa tt~r,rleeed a~ ~oe~utid trom tM appro- , prfatrpu wk olliw oe w. wrty cVlmfns pWmcnt w~ltla~t inqulry into tha aocunq o~ vWdtb thrrsat, and tlN r~oelpt ot + ~a~r pnWjc o!2'~a~s or p~rty in t~ b~alls o~ Llue Hcut~ee a4a11 M concludva ~vtdeaos ot t!~ raildl~? ~ad ~mou~t a! tta~ ~ w p~ld: tbe ~ortsa~ee s1~W~ at w option, b~ wbropted to aay en~urabranee. 1~a. eWm ae dsmu~, wd to ali tAs rlShts ~ and ~scurltfe~ tas tb~ P~7~ D~ ~~M wlth the prlacipal wm ~scured Mreby ee b~r t1~ ~tat~N nnaer w. pro+~tae. ~rw~ .na any wen wbro~aclon elsha .hw be addttwaal .~nd ara,ulaclw s~rtq? to tWs Morc- i an• . ~ . ' ~fla~~.7 ~ ; ~ . ~ ~ ~