HomeMy WebLinkAbout2132 tl~e ~leNcis~oy. Kucit a~eut d~Mll lM ii~~de within tj~iKy (3Q) d~ rfter wcitten notioe tro~a the `toct~es
~t~llnR th~ ~ruwunt t ie drfl~~ie~oy, lvhkh ~~y be i4iven by m~il. 1~ ~t tlme the ~iorigagoc
sha~l /a~d~ to tl~~ Mort~t~e in~o~oKlt~x~s wit,h' !he prt?~ isa~u ot the noee 6ecured hereb~, fup pymen~
ot ~hs a~li~ indebt~ednws n?prr~e~~ted tl~r~rby~ t1~s Mo~tRy~ee w tru~tee shali~ ie oo~aputing ths unoua~ ot
•uah in~i~btal~~a~a~ rr~dl~ 1~ i1~e ~rrounl ot the M~~ ~tUr ccedi~ boiance ~nuni under the provnioas
ot ot Nid 9. If there ~IiMI! be ~ d~tau t under ~ny ot ~he provwoos oi t~iis ma~tgags re~ulung
in ~ puWio s th~ prea?i~es eove~red heroby, or i~ ehe Moe~t~y~ aeqwn~ the pe~operty otharwi~e ~t~er
det~ul~~ f~h~ M o N~
e s v trwtes ~h~ll • p p~
r, ~t ~I?e ume ot eGe-i~ommencetueat o~ such proceedings oe
ths elms the propsrty b otl~srwi~s Nequ l e
e d~ u~e ~~uoun< < hen re~a~ining tp c e b d it o
f ~ iortgagor u n
dee (a) o t
p~r~ ph 9p~ in~ v ~ ce~edi~ on ths tntere~t Mocund nnd unpaid u?d the b~laace ~o the principd then
n
m~ i
n t
a~ c ua
p_ ~ i
d on w i~ l not~, -
Ra w18p~ ~a~ 1a~, w~m~aMr wuMe e~M~, ~d o~6~e~~o~ea
hl ae munioipi ol~ar~, ~ ae
~,ke w6ieti pe~o~i~ioo L~t aot bMe eo~ ~nlab~to~, ~od ia d~[avtt t6ereot 1hs ~[atp~es my Py t~
wa= ~d iha/ d~ wW proevptb? di{twe ~ o~oi~1 e~ipt~ id~e~toe to ~ 3~oiy~pa
a. wW p~rnoif~ ~omania oe wttr ~ w~ i¦e~p~iem~ oe d~eioeatioa of ~aid propee~j a~W ~4set theeeof
~Mp1 ewoo~l~M wwe ~nd 1w aed ia ~~t ot ~M ~ at ~~[oey~oe tu kap ths bu~~ oa
permiw ~ad ISoM b b~ ~ aa rid pemt~ oe fmprowm~nt~ tbe~eos~ ~n
~ood repatr ~e Mata.aee mqr 3
at~..oe~i~d r~i~e~l?ipyr
~,t ~~..d
p~~M ~
~d~
~~Aee~aem~
aa~ ~6~.u
~
a~e~red~6pr . ~
1~ 1~ ~t I~i~ - ~
a s. ~wpyr .d.oa .~.r ~e..~ ..~a.~~., ~s ~..~.u~ r.~.~ .~a ~a.
ot.b.k.a. ~
uiN, ~.e~r~ra oe p.~a u~? tim.
~?~a«y~. beo.u~. ~f t6e r.ilure oa w~et ~f ths ~d~
p~emptyr aedtu!~ b p~toem y[w~od aa~d oowa~ots ot rid promiroe~ a~e aod tWsmo~e~
aoN~ ohv~ aad iatp~a ~ D~ iem~ d~t aed p~~M ~ad ~hall be ~ecueed b~r t6e ties of tis moct~a ~
~ t. R~ w1D eoolinttou~/ m~inq~s ~wd ~ruraoo~. ot a~ ~jps or~es aad amouna a Mo~~ges my ~
tim 1o tim~ nquin, on th~ ialpro~~s~na
a~ow oe ~wft~e oo wd n'~es~ ~d esoepE w6ea pyrmeno
~a11 n~oh pnmtuaa~ Lr b~a m~dt aaMr ( ot par~eaFh s bee~soi 6s will wLea .
dwaq~ prrmjum~ ~hw~lbr~~ A~io~ne~e~o~ ~ll b~ ~ id oompsors app~o~ b~ r[ ~ a~a
~ pdi-
aiN oad r~n~w~L ta~hot ~1 ~ Drld b~ ~[ort~~ aad h~?h a~~eL~d ~et~o b~s pqablsa~~e,~iues ia f~ioc eE.
~nd lo torm ~oapf~bl~ 1o th~ M Io ~..nt at br h~ w~il d.s imms~sis notios b~ maii to Mo:t~.gr,q,
~d M my m~ pt~oot~ it a~ot m~ p~mp~? b~ Moet`~orf and e~e~ ia~uranos coa~p
o~
~eect
eoso~~d wtbo~ia~d ~nd dir~o~d ~o sab pymenc ior wc~ b~a ~~eect to M mat~i ot
b M~0-ifi o~~it~dW ~o f~b~ a~d ~ iownoo~ penas~ or aq~ P~et my be~~~'ed b~ 1?ior`.
p uoti~on ot t6~ i~~d~b~daers l~eb,~ Noured ar t~ ~s e~es~o~at~on ae ~+ep~ir oE
~prop~e~j , Is ~nnt ot ior~oloMU+~ ot ~is~~ or ot6er ~tae ot titk t~o ~s mort~a~sd
p~o~ io ~s~t ot t6e L~bt~dara Moured ~reti~; ~H r~hR t~t~s, and int~srest at ~e ~toetg~oe
. ia aod ~o ~ in~ur~no~ po~s ~n is toro~ ~11 pw tA ~ puroi~ oe pantes.
a. H~ will aot ~saouU or ~!e of eeeord aq~ i~trunnmt whicL ianpo~es a e+estriction upon t6e sab or oocu-
p?nq~ ot prop6ef~r droribed h~rein on th~ baw oE n~os„ oolor. o~ cresd. -
9. It eh~ prrmt~ea, or stUr p~rt th~eo~. ~e eundemned under the po.rer of eminenc domain, ar.oq~red
t01' a p11W~ ti~Ps t~11c~ d11m ~w~eded~ t6~ p['ooeeda fot t6e of~ or t6a ooosideestioa for suc6 aoqu~i-
~ ~
t3oo ~o ~he ~xtrst ot tull amouat of t~e eem~inin~ unp~ri iadebtedne~s seau~ed b tbia mort~ag~, are
e
h~~x ~aed to th~ Mott~e~~ and •~is bbra oe ase~ns, aad .~Dall b,e paid .fort`'h~~ tp said Mor-~a~e
~ bL~
~o@ to b@ ~pii~d on ~ooount ot t6e last m~turio` ioataUni~taoisai~~nd~tneer•pmvided,~ow-
~v~r, t~66~ 1Gla~ ~ dt~ aaigaee~ a~y at his dis~xetion p~r die~ct b t~ M~t~a~r. 6is ~eirs or ~
a~y p~M ~or ~Il~itoh ~vrsrd; pro~nded, t6~t if the toan is ~wranteed or ias~u~ed. the coaewt of t6e giuraa-
tor oe iatunr is obl~inad In ~dtano~ ot aid R
1 Th~ Moe~ an~t. ~t ~a ~~wit ~poa Wis ~p~j to ehe oourt ha.in~ juriselir-
Q,Th~
lioo V?sr~ot tor tL~~pp~ ~nt~~ e~oNwr, aod waL eoure ~ball f w~ appant . e+eoa.u of thc p~+emiaea
bW~, n n
oovtred Lu~by ti~11 at~d siosul~r~ iad ' alt and sin~ul~e t1s inoome, Pe'ofih. dsuea. ao~d re~eaues te+om .rLat-
~w~ ~oura d~riwd t~!? and ev~r oE It~beia~ expee~r ~ndeest~od is 6eeebj martga6ed as if s~ecificstl~ -
..e r~ .oa a~~a ~ ~ ~.~~t.b.u ~ ~ b,
. ...e .~a~~aa ~~w .oa . m.« ~c .e.~~a ~ ~a ~ca~.~, .da ~~t ~r~ ~
i fh. ,dp,,.o~, oe~q wa~? ot t~be wlua ot td. ProP~~ ~i•~ea oe w sLe .ol.~ a~ ;woi~ of s.ia
t M or the d~l~~?nts. 3ueh t~n1s, ~oHhh~ inoome. isue~. ~ed rereauea ~ be applied bl such reoeiv+er -
?n
l f~o th~ tkA ot lhis aad «e pe~atiw ot ate? oou~t. Ia t4a e~eat of aa~ defauit on tLe past.
~ ot f~h~ Moel~~ h~~t.~oeei~w' ~ea tp py po tbe \+I oa demand ~ a e~asooable montblv
r~ntal far 11N prNni~s w amount at l~st aqmraknt tp oaat.~iEtl ~ ot t6e of tbe twrl.~e montLli
~ ia~lall~~~t py?abl~ i~ eh~ thea euer~at ye~r plus t6e actwt ameuat ot t~a ~ta~oes, wea~nknts, water
ntM, and io~ur~na~ pr~o~iums kr s~L ~r a~ot aownd b~ t~ atore.aid ~oa~1 P~7~~-
11. Ia e~ ~oven0 ot aq~ bc~a~h d ~Lis oe detault o~ t6e p.et af tha M«t~or, a in tbe e.~nt
t
16a0 a~r ot wid su~t ot aAOayr h~s r~terr~d b a~ot prooapt~j asd f~ P~id ~ooocdi~ to tLe t~oo~ ba+eoE
~ i~ e`r~n0 ~ha~ wab ~nd ~v~ N~s ~a , oo~ditioos. aed oo~eaadts oE said note aad ~
h oa ~~~!`~i°a.' oc`~ the M be udic.t~a ~alunpt a
. w aot du~,ppr~ompt~j~ t~ Pe~oe~ed ~ idf
m~~
dtaw
leadaat to ~~okru t~ a r~o~ ~eooe~d~s~ tl~ea ia eit6ee oe ay wcr e~eat, tLe ssid aggc~e-
~t~ ~ua? m~tio~d ip atd aAt~ tLes uupaid, ~ntt at~ere~t a~ataed tu t~at time. ~od d! ~soael
~w+~d 1?~by tl~U D~o~ dw ~d p~abi~ aeitb. oe da~r. at tbe optioa ot s~id ~?iort~ , as
tull~t ~+~f~ ~s If all td~ ~~id wms ot a~oae~ ~ ot+~ ~o bs p~id on wc6 dal, an~
~ ~
11~]~~wid not~ oe ~ ehis to th~ oos~ ~wt..ittis~,a~a`; ' tL~+enpoa ae tbenesicer, at tlre optioa
ot ~d M~ witl?oti~~c d~nd. aut at 4w or u~ equit~.ay be pro~eent~ed as d all awnevs
~w~d htt~b~ matured p~ior b i1s testit~ttios. 'l~ 11i a.V foeedo.e t~'s m~oit6.~e, as to t6~
w
~auati ~o ~ du~ ~d pqr~. ard t1~ ~aid pceei~s~ al~ aold t~o wci~tj ~wd p~ tl~e aaa~e ta~et6ec
~ rrith ao~ ~p~, and albw~o~s. L ea~x of p~ti~l toe~ecloaree ot this tbe mat~~rd p~rmises .
~ ~b?alt b~ ~ subj~ot b tl~ a~?tio~tio~ li~a ot thia s~a~e t~ t1~s ao~ouat of~ tJh~e~ aot tbes due ~ad unp~id.
~ ~ a
~ 16~ prori~ioas of t6is P~~ ~11 ~ bs ~~a~led oi ti~ee+esitRC 4os time to time b~ tLe
~ 19. No ~?i~ of aq1 ~w~vt leeei~ ~ ot tl~ ob ~weed tiee~eb~ dwD at a~~ tioe t~e~rdter 6e
1NId to b~ a rr~ir~ ot 1!~ t~nas ~n.of oc of t6~ sote ~7- ' o
13. Tb! lils.o( tl~it iusteu~tat ~!l wa~i~ in tt~ lo~~oe awd eE~d da~mt ~7 P~P~~t o~ ~zte~~oa. ,sa-~s
ot 1ht tim~ ot piylm~o~ of t6~ b~ebLed~r or ~ p~et t~~eot aec+~eed 6a+eb~-
1~. '1'~ is ~tw~ ~o ~n ~ p~ aoMt~. o~ a P~ct t4teo~ ot tbe 4~wds ba+ei~ dc~cribed • OQ
aod 1~ ~u1~da~~~~cs~ ~ou rntti t~s deed t~~ioc C~t
1 S. IE ~ Mot~or d~wlt ot t~t ~w~aq oe a~p+e~eats oo~t~i~d ~eee~i~. a~ i~ ssid note, tbea. ~
f~ ld[ot~ a~ p~~'toet¦t t?~ NwR. ~d ~~t~s~i~dn~ eeroMbk att~o~e~'s fees) e~{e b~ tLe ~
M is ao ~1~l1 d[sr? i~1~+~N at t`e eabee pto ior ia t~e p~i~eip~l i~debted~e,s, ~sd aLaD be
ta
n~'~~t1~V? C8p) ~ttu d~s~. vd. Eotei?ee wit? iat~ei~at a~d ea~s ~oci~ed ttia~eoa, ~il be secve+~d
~!a V~ tpwrt oi tl~ M t?t ~t ~l ~sM asi de~~at a s~ppie~eat~l ~ote ac ~p
aolu foe ~i~ or wres ad~a~i
l~Ma~~e~tlra al~tio~. ~od~e*ia+atio~. i~pe+o.~eot,
1~~, or r~p~ir of s~ip~i~,~ iot t~sr ae are~w~ts ~i~t t?e sw a~ iR ay atLec p~upo~e aotior-
i~d 1~uad~r. ~id aoi~e or aof~u ~l~Y b~ a~ 1~aeb aa ~ p~nt witi ard as f~j ~s d ti~e ~d~anoe
ip
~~'~MlOld ttiM'!0~ w~l'~ ~11dl~ ~ 1M ~ON ~K ~eefbl~ ~N. ~11ppk~e~ta1 ~ots o~ ~oi~es sI~~U b~ar
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