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HomeMy WebLinkAbout1323 ~ . . ~ ~.1 Md saW MoMppas, fo. ?M+nwlv~ ~nd rF~ei. h.w., hp~~ npr~^~•riwa, wcawon and +~siarN. ?~nbY f~+~Y aad w~rudly oova+~nt a+d pnr a and wNh tM a~id NIORTGJIGEE, ip ~ucc~swts M+d aaipns: 1. Yo par dl and sinpula thi princip~l ~n~i im~t ~nd th~ va~{ou~ n?d ~w~drY ~~~Y WY~bb by virtw of NW promis~ory iwh. a~d ihi~ mwtype. ++cA ~nd wKy. P?omPtly a+ tiw d~ys r~rp~ctiwly tM a~wr~lly brcoin~ dw. 4. 1o pw ~tl «+d ~inpular Ha t~aa. Wansnrms. bvMs. U~bilitiM. obiip~~ien~ and ~www~b?«rcs~ of ~wry marn a~d kind how on s~1d d+~nib~d prnp~ny, a tMt lw~ahrv wwy b~ knpoNd wffM~4 plaad. Iwied, w~d tl~w~en, a tlwf hMMfNr nMY t~ Iwi~d a«~wrd ~ipen ~I~Ir Mor~P ap~, w fAr Mtid~badrNSf ~Kwsd I~nby~ ~~c4~ ~nd ewry. whM dw and poY~bb. aooordMq b Iwi. b~ler~ fAsy b~tqM ddM+qua+t. M~d b~fw~ Mq NN~Mt ~nachp pr any p~n~hy is i~tu~nd; ANO INSOFAR AS ANY TMEtEOf iS (7f RKORO TME SAME SMALL !E !'ROAMTLY 5ATISFIEO ANO D15CNARGEO 4f RcCORO AND TME ORIGINAI OfFIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEi~T OR TME SATISfACT10N PAfER OfFIGiAIIY ENDORSEP OR CERTIFIED) SMALL sE PUCED IN TME MI1N05 OF SAID MORTGAGEE WITMIN TEN DAYS NEltt AFTER PAYMENT, and M tM ~wr+t 1Mwt ~ny tMr~ef is ewl paid. satl~ff~d ~nd dl~ch~rq~d ~a;d MORTGAGEE may ~t any tim~ p~y tM sam~ w a~y p~~t tMrwf wifho~t w~ivinp w a~f~cti~q ~ny epHa+. ~tsn. ~q~?1hr o? NpAt undK a by rirtw of thp mortq~q~ and tM fuU r.no~m of ~ath ~nd ~wry such paymfnt tMll b~ imirwdiNtiy dw ~nd pay~bM a~d tMll lr~a~r MtKMt ~.om tM d~te tMnof u~Nl p~id at r~h of NpM p~~ c~ntum pa ~~nvm ~nd toq~tFwr w~th wch intar~st ~MII b~ Ncuhd by fM IiN+ of th:~ maytp~. . 3. To pl~ r~d aowllnuowty k+p on tM buildhq~ rww a h~ft~ Wwt~ en uid I~nd ~nd on ~II putprw~M Md pu~a+r1lp oownd bY ~~~P pw, whh aM pr~nr tMrran p+ld in fulb fNrr Mrw~ in thr wwl q~rd PoIiCV lorm. 1n • w~n approwd bp th~ MORYGAGEE. ~ed windarorm Y~w~M+w in Nr w+wl na~rd policy forny M a wm ~pp?ov~d bY tM 11MDRTGAGEE, in wch compu?y w oompw~ a~ /h~ A10RTGAGEE n»y dk~cq M+d ~11 flr~ and wk~dsto~m Inwne~a poiki~a an «+y of uid buildieq~, nnr M1~q tl+K~in w p+rt f1+Kwf, in th~ ppnp+~+ wm ~fwwid or in e~oo~M Mrr~of. ~11 wntain 11r wwl N~ndard martpap~~ etauM a sucfi otiw elaw~ M tAe Morlpp~s maY M4~+in. mdcM~Y M+~ loa urd~r s~id pdF eb6. M~'!~ ~ndwKy. WYabl~ b Nid MORTGAGEE p ifs intMMt m~Y ~PP~w. ~nd ~ach ~r~d ~wry i~A politY th~ll b~ pron+pNY p~.9rnd ~nd ddiv~?~d 90 ~np bld by wk! MORTGAGEE ivrfh.r s.writy ro wW mor+p.p. d~M. ~nd. no1 Iw ~Mn h~r (10) d.r in .dv.na of rl» ~,rpir~non of Mch policy. ro eM- tfv~r w wid 1MORTGAGEE ~ ra+aw~l tl».~of, toqMhw with • nutpt iw t!» p~a++ium of wch r~nwwi; snd tMr~ sMll b~ no M a wir~dsro.m irwur~nc~ p{~ad an ~ery of s~i'd bu{Id3np~. ~ny in»n~t Mwr~in w pat tlMno~f, vnba~ fn tFr form and wlth M» laa p+y~bl~ p~f0?fNWj u~d fn th~ ~v+nt ~ny svm of n+wuY b~aoR~ P~Y~bI~ undM wch polky or policin ~aid MORTGAGEE ~MII Mw th~ optan w naivr and ~pply tM sWn~ on aaow+l of tM ind~bt~d- n~ur Ntw~t) Arr~by o~ 1o parm{t wW MORTGACsORS ta nc~iw u+d wr~ N e? any pw?t thsnof far arMr purpwe~, without fhKeby vwiwMg a Impair- inp ar?p puity. INn a ripht w~d~r w bp virtw of 1Ms moripp~i a+d in th~ ~wnt wid NIORTGAGORS ~lall for ~ny naon fa(1 to kNp Hw s~id pnmisM w {n~wrd, w iai) b ddiv~r p~anplly any of wid polklN of ie~wranc~ to Nid MORTGAGEE, or fail promptly to p~y fully ~??y prNnivm tix~~for w It+ a~y rNpKy f~p to p~sFpm, tfi~cfiwp~. ex~cut~. ~ff~c1, ca++pl~t~, comply with a~d ~Wd~ by this cown~nt, w any p~n I+K~of, said MORTGAGEE nuy plap •nd p~Y ip wCh in~w~nes cw any p~t tMrrof without waivinp o? affKYiop iny optia?, li~n. ~qviH, o~ riqht ur~d~r w by virn» of thh Mo~pa~. ~nd tht f~ll ~nw~wa of wch ~nd ~wry wd? p~ym~nt ~hall b~ imrr~di~hly dw and p~y~bN and tMll b~ar int~r~at from Ma datt therwf ~ntii paid +t tM nt~ 01 ni~+e p~r unhrm p~r +nrwm r+d top~tFwr with uxh in»rest ~l?~11 be wcund by th~ IIM of thb nwrt9p~. r. To pKmM. oamnit w wfi~ ra w~sh, fmP+irm~nt or dst~laatian of uid prop~rty a+~+Y P~ ~f. 3. To pay ~ii N+d sfnp~tar tM costs, tMryN ~nd ~xp~n~, ierdvdinp • naon~bl~ at~orrwy'~ fw and cwts of ab~trscts of titk, incurr~d w paid +t •ny tim~ by afd AAORTGAGEE. b~c~us~ a ia tM ~wnt of tM f~ilvn on th~ wrt of tM said MORTGAGOR t~o dvly. Promptly ~nd fvliy pKfon++. d'+~ch~rq~, ~x~tvh. ~If~ct, eamPle». co^?Pb with and ~bid~ by Nd+ snd ~wry tM ~ttp~l~tiorn, pr~^ts. eonditiom, snd wwn~nts of said {xomhwry no» ~nd thu mortpp~ +nY a dtMr, u+d s+~d co~ta, cMnp„ ae~d ~xp~ea~s, e~ch ~nd wKy. ~hail b{m~»~diat~ly dw ~nd piy~bl~a wMth~~ o? not tlwr~ b~ r+rtice d: m~nd, ~»~mpt ro coli~ct or wit pMdinq; ~nd tM full arnwnt of wch ~nd ~wry svch prYmo^t stw~~ b~~r intar~~t fram thi de~ tMrwf untll p~id at tM r~ta of nin~ per e~ntvm p~r ~nnum; ~nd ~II s~id cotri, charps~ ~nd ~xp~ra~a i~turnd w p~id. to~etl+N with svch IntMpt, thal~ b~ atur~d by tFa U~n of Mu 6. Th~t in tM w~nt of eny bn~ch of thu Nbrtyp~ o~ d~fwlt on Nr part of th~ IMarRYGAGbR, or (b) in tM wwet ~ny of ~id wrrn of mo++~y Mrt1n nhr»d to b~ e~o~ prompHy ~nd fuily p~id within thirty (30) days next aft~r tM wm~ awrdly b~cwn~ dw ind pay~bl+, witiaut d~m~nRi or rwtiu, or (~J i~ 1M ~wm ~aeh ~rd wsry tM stipulatioru, pr~nh?. conditiom ~~d ~„ts of ~id promissory not~ and th~ mortp~p~ ~nr or ~itf+u an noS iu~Y. Pr'~PNY ~nd fuf{y paform~d, d~sciwr~ed, ~xscvt~d. ~ff~ct~d, tompi~t~d. comPli~d with snd abided by, tMei in ~itM? w~ny ~uch w~nt th~ s~id aQ Orp~t~ pMn rMntiprNd {n wid p?omissory note thee rsmainSrp unpaid, witfi intarial ~cuwd. ~rd ail mon~y~ ~ecur~d htnby, sMll b~conw du~ ~nd pay~ ~41~ (orthwith, or thataha. ~t the optton of s+id MGRTGAGEE, ai fvily ~nd compimly iu if •il of fht ~aid wms af money vwrt oripin~liy ~tipul~»d ro b~ p+id o~ wd~ d~y, anythinp in s~id promiswry note or in thb Mortppe to th~ contraty rwtwitMtandinp: and N~rrwpon or tF»r~ftN ~t tM apt3on of t~id MORTGAGEE, witF~ovt notiu or demand, wM ~t law a in puity, tlar~fon or tMr~+fter bpw4 m+y b~ Prw~cw~d u ff~II rtwn~y~ acvnd hK~by !wd ~rrtur~d priw to its le~ttitvtion. 7. Th~t In iFN ~vev+f th~t at fM b~ihninQ of w~t my tim~ pendinp sny wit upon thb Morfp~ye, a to fw~closM N, o? to rafwm it, w to tntorc~ p~y+r~d of sny tlaimo Mrwr~, s~id MORTGAGEE sh~ll ~pply to tM Covrt Mvinp ~vri~diction tMrwf fw th~ appointrr~rst of • Rectiv~r, wch twNt sMll fwr}wvkh appoiM a nc~iw? of wid mortpay~d props~ty all ~nd sirgvl~r, includinq oli ud ~irqul~r tM intoma, profi», lssws and rwfnw~ han wAahv~r w~~w d~riwd. ~ad~ ~~d ~wry of which, it b~inp acprr~ly u~+dersrood, is MnbY mortqaq~d a if ip~ufiully ~st futh snd d~crib~d in tM qnr?tinp ~nd hrb~+dwn dswas twrwf, a+d tuch R~utw~ sMll Mw ~11 the lsrwd ~nd ~ff~ctiw fur+ctiau and powKS ier ~nywis~ entrust~d by • Court to • R~Iwr. ~rid wch ~ppointm~nt ~Fwfl be matle by such Court a ar~ ~dmitt~d ~quity ~nd ~ rrrttK of abwl~?t~ rpht ro s~id MCIRTGAGEE, ar+d without niw~ fo tM +~q~+~Y a~9~KY of tM v~lw of ths ProP+~Y o? to tM wlv~ney w insolwnry of s~id MORTGAC,OR a tM defw+d~MS. ~nd fluf wch rM+t~. Wofits. ir+con». Wws +nd nv~nuss sl?all b~ applfsd by wd~ R~c~i,r~r ~acwdinp to tM li~n w w~?ItY of s~id MOATGAGEE and tht pradEa of wch Ca~rl. a. To duly, promptlr ~nd fulFy perform, dixh+rq~. ~x~c~, tfhct, eomplN~, eomply with ud abid~ by Nch and tv~ryr ths stipul~tioeno ptMm~ntf, oor~dltiom a~d oov~n» in s~id ptomissory nm~ and this mottqap~ at forth. 9. Thtt in tlN wenf fM owntnhip of Mrr morfpptd pnlmba, o~ any part therwf, beEoaws wrat~d tn ~ persor~ ot!»r fMn th~ MORTGAGOR, th~ MpRTGrAGEE, its st?tc~stors and assi9ns, msy, without notic~ to tM MORTGAOR, d~a9 with ,tbth suctes~w w wccawr in int~r~st wirh rthr~r+t~ to this nqrt9p~ n+d tM d~bt Iwrtby wcur~d in th~ ~sm~ manner ~s wlth Morty~yor witFwvt 6n anr way ritiattnp or ~discMrpiny ths Mortyayas' Ilabflit~r htrt ur~dK w upon tM d~bt haeby t~cier~d. No s~l~ oi th~ pr~misa htr~by mortpp~d snd no fwb~annp on th~ part of tM MORTGAGEE or ih sucaswra er rpi~rr ~nd no axtauion of tM tim~ fa tF+~ p~ym~~f of th~ dcbi hrrtby Mcur~d 9iwn by tF~ MORTGAGEE or i» wccts~ors or asiqrn, ~MII op~rat~ b rN~s,n„ di~, erwdifyr eh~np~ w~ff~ee tM orip¢nal li~bility o# tM N10RTGAGOR Mr~+n, sitMr In whol~ w in pKt. 10. M a~pKitk+lh~ pr«d N?~t tim~ it of tM ut~na of th~ coMrati and tfiat no w~iwr of sr+y nblip~tion hKwndtr w of tfi~ obliq~tion c~- tu~d h~r~by ahall ~t aety Yat» thtrwh~r b~ F»Id to b~ ~ walva of ths trrim herwf w of tM irurru~xnt ~etured herby. 11. In ~tio~ ta tM for~poir~g monthlY p~Yments o4 princ prl u~d im~rsst required by tht pramiswry note e~cund Mr~r, mottqpa cowna~M ~nd ap?~a to paY to mortp+pw with ~monthlY p~Ym~nt an ~dditiona! aum ~stimated by mortgcgee to b~ ~qual to 1/12 of th~ ~nnwl cost of tM follow- A-MI n~l prop~rty t~xp I~vied w ~d ay~inst tht ~bove d~tcribed r~al ~ttat~. d-Pr~mi~xm on fln and wi»dstwm insur M hsr~in r~quind to F» carri~d on tM improvements sitwt~ on tlw abov~ ce~c?ib~d pnenises. C-Vnmlexns on wch mort9aps ywranry iruw~nu as morty~ya ahal! from tirt+~ to time deem fit to urry o~ tM ban wtured her~by. Mwtpp~~ shall from timt to tim~ notify mort9por 1n writinq of tM smwnt dw and pay~bl~ FtKw~dK ~nd suth wm ~Mll tiur~upor~ be dw ~nd pap~bl~ o~ tM dw dat~ of tM nsxt moe?thlY Wpr^~rm snd ~rch tucaa~slw rrwrrth tMreaft~r urrtil mort~~pN thall rwt;fy martqayor of a?''we+pe in weh amourtt. S~d+ svrtn shdl b~ ~ppli~d bY rrxxlppN toward th~ p+ym~rtt of r~sl proptrty taz~n, fmur~~u pr~mivma, ar~d mortpsye puar~~ty inwraw pr~miuans. ' IN W(TNESS WHEREOF, th~ s~id MORTGAGOR hb h~rwnto kf hb F++~d and s~al t1N d+y s y~a . ~ s..~..a.na a.~~ ~~h. a..«x. ~~iL~~,_AN EC ROOOK ~ (~1C~ n ~ ~'65 ~t1~ 2 0 PM 2 : I 6 . ~n . at~t~ a= r ~ , q r- . ~ , • . ~ . ; ; ' { ~7I !V Yo viSa,.~u couh-nr of...~ R ~'r'u? i;-;AS, CLERK 4<<,~- ST. LU ~I. ~~M~hN - ' ' ' " : Mlor. m. y .pp.u.d , . = ~~CnS~L~~' _ hb wih, to nN will krwwe'Md knoi~b~t} ~ 1he WdivlduN~ dNVib~d ln ~nd who ~xscvt~d tM farpoirp kanwr~N. u+d ~cknowf~lp~d b~for~ rr» th+t M+hr ~x~aAiul ;Nw !i~- hr tIM ~ I~1Mi~R iX~i1~. Afld tQM •~1~ ~t1II.~,..~-~~ anQ!!~a . t..l~~~r'~'~ ~ W3111am Mcttnher ~p;„'~•;~;;,~y ~`p1o~t~ ~x~lirNlfon by n~ t~kM~,•, .t.~,yp~M~ta Md s~rt from Mr ~aid hwbai+d. ~du~owl~dp~d to u+d Mfon tn~ Nwt sM ~x~tvt~d ~sid• Ina~furrw~t frKlw`M~d vol~w? IM~ ~Ild Vr~101A~ N1~' C"'~1~{OA/'.ODPlitf~{Rt, ~fifMMi0f1, 0/ hN Of p ffOT ~1N Nb ~fld. ~ , Wfft'1!`f~ iM:'iwrli~~aiK!'offi~~-1Mi day of ~LiSt A. D. 19~r.1~ d ~ ~ i . ,i : v: ~ ~ r ~ ' . . . ` . r ~ NQf~fy P7J~1C {R N1d f01 TEb +s~lil'~ Of F~Of a? ~~f~ - - ~ Itei'? ~fa,' ' . . E MONRUE 05~~ J j 3 G ~ - • ~~oti^.~ P~rnh- SINe OI ?w.. ro.k CpMssw~ f~ral"•;av+o/~ ~t~l~arl,~M}+dalien S~-9i37~0. SutinN CarMy ?f -ff.~trsi0:~r•. ' , t.:mm~ssivn Er,pires Matd13~ 1'9~j h. Pr..a rk?~d. B Q PK ~rG 5 1~aG _ - ' ' ~ i- - - ~ ~