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HomeMy WebLinkAbout1608 3. To p:scc a~d c.~nt~n~~o.•s~v ~cep c+n rne bv~:d~ngs n~w or he~ra:tcr rtu+~e on ae~d !a~~d e~~d .>n aN eq~~i~ ~:~~nr a~~d pe,~~n^a:!y co~e,ed by thi~ mwr~• •ge: w~M a!1 ~ven.,wns thereon p~e d m luil. fnr utsu~a^:c ;n tl~e .•wa~ sr.~,.drd ~w fo:m, ~n e ac..; e~ Ni:;.ed b. thr 1~'.:~k.:,~GEE. and wi~~s~o~m in~~tante in the vf~al trandard po..iy fo~~», a s~rn e~ ~ro.ed b~ the AIJRIG~Gf t. +n s~:h ca„~;s~~y er co n~ a~t.es ai ~ht MORTGAGEE may d~rKt; a~d •It f~re •n3 w~nda~orm ~ns.~•ance ~wr~c~r• u.~ eny ol sa,c! bu~~d.~ga, ~ny ;n~ere~t the~re~~ or pa~t ehe~col. in thr e~q,~ga~c s~~n aforetaid w in e:cess tAer~c,f, s!u4 coms~n +he ~s~al srs~~cia~d nw~~~.~gte c~sufe or su:h ott~r~ c~a„se as ~he A~o~tga~rc may reyu~re, n.sA~~q a~e ~oia ~rx~.v sa~d polr c~~s, eacA •rw~ rve~v. T+ara~`e ~o s~~:f .~~JRIGAGEE n.ta :ntr.eu may sppea+, a~xi eac1. and evar~ tvch ~ur;cy ?ha;l 1x• E>~o,npf~y ifa y~~~d snd dei~vered ~o ~ny )Kld by s~id A1~lR1GA6cE as 'ur~hcr acc~~+.t~ ~o ajid n.a~~~a~e debt. and. ~of tess than rrn ~`i~; da>s ~n ad~anae oS Ihe erp~roi~o~ o! recA poLcY. to d~- {~ver to ta~d MOAiGA~ tE a re=~rNei fhcr~vl, uye~hrr wi~h a rrce~pl for tha p~~nu~~m of w.h ren~,ti.;'; ~.~d Thr~c shait t>e ~w 1.rc u~ w~~~3scann insuranta plKed cv~ ~ny of sa~d b.a~d~~~~s a~y ~ntrres! ttes+~.n or +.n~t rhe.r.f, unlasi in the lor~n a~~d w,fh thr iuu pa~a~'r at atcres. id; and in 1l+e eveM any 1~m of nwney becp~xt payablc ~~:~drr s+:ch pcl:iy d{wh..ca sa,d -\~O:tt~AGEE ah.+U have ~Ae cp~ on ~o rccr~vr G~~d ap~~±~ tiie se:+~c on ai.uu.il oi the i~~alebtcd neu sKwed ht~cby Or ro Fx rm~t sa'd MORTGAGORS to retr~ve and us~ it or any :>a.t rf~r rof i,~r c:>,• . f.;,~. , t~ s~ti.tn,,.:t th or ~~np~u- ing ~ny equ~ty, l;~n pr ~~ht ~~wirr or by v~rtvr of th~a mor'gage; a~d ~n 1he evrm se d MOATG;.GORS sh~`t !o~ any ieaeon fa~i to kcep the sa~d prtmis.f w ~naur~. p~ teil to dellve~ pr~„ptiy any of s.+~d ~wi,~,ra o1 „~s~r..~.~e fo fa.d 7~10CSGAi-tE. cr t.u' p:c~:pity eo pay tu,;y any pr~.~n~vm therrlor or in any respect feil to perForm, d:sc?~a~~q eae.ueg. eHetL cJn~f>:i•te. coi~}+ly vvnh a~~d ab~de by ~h:s covr~,e•,t. o• any p.+~~ h:reoi, s+~d Ml)RIGAGEE mey puce a~d pa~ fo~ tuch irouruue ar arY part ~h.~cof N;~h~.~~ v~a;~~~~g ~r alfr:ri~~g sny o~ ~~n. Len, ex~.~.~y. or r~qht u~,dr~ a b{ v~~eue of th~s Mo~~gaqa ~nd the t.,kl ~mount o( each and e.e~y svch pnymem siwl! be ~~.~,hrd~arct~ d.~c a~~d paYab~c e~,d sh.+~F Z,~.ii ;,,tr,.st tr~~,n ~ho data thcn~of u~td W~d a~ the •~t~ af ~~.~e pcvi cer+tum pet annum a;~ t:y,.•{:c: v~~'h s~,.h ~.,~t~ .ha:: tx• s.e~.red b1 the t~en o) th.f mo~tga3a. 1. t0 permit, cO,T~nit or svtter np ~n,, str. ~ nreir.r.i.nt u dcler,: r..!~Jn pf sa~d ~••c~-~,erty pt dny `art ~~lerco4. 5. Io pey a•.I and s~nguiar tlu c,,sts, chergcs e~-d e.~ti:s.s. ~n.~:~dn~ a rea>u.,eb~e A}!C~~~r)' L!~-o a~~d acs~~ of at~sfracr~ of t~t!e. i~c~rred w pa~d at rnv ~~~•.e bv sa~d MOR13.4G:f. bec~usc er m tke c~e*•t of rh<~ f~.;urr on rhr parr ct rl,r s.,~d A1,~i.i:•A~.Jk to d~ y, pro~,ytly e~~d f~~iy p~rfam, d~scharye. ^.rcvte. e!fca. co,np:cte. i.+m,!y w.th a:,d a:,3r by r.,.~~ and r~.t..~, ,/,r st.~,~•'~•~na. igrr~ ,:t~. ro~d~r~ons, end io~e.:ant~ c4 sa~d prpn„wry ~•e and ~h~i r.ortgye s~y or e.thor, and a+d cosef, char~rs a,d ra:,~„nrs. e-a:h d,d ev~~y, s~~al b^ ,n:•<.t~:+:-'y cf.,e~ a~id rs,.,e.. w~h~~hcr o~ ~ot rhare M nof,ce d~ mand, at7c~npT fo co..rit ~r s~:t pr~~d~~y, •M1 ~he _......^t ot raeh a~d r.r.., ai;h ,n~ s~a'i b:s+ rs~ !r.zm `hc det~ therec~f ~ntii pa:d d the ~ .•?r O~ n~rM PCt Crn•.~•t. . i a~•..t..•~. : i:i: e~~ fa~d iPS•f. .he~ 7a~a n•ia a~.~.a~~ ~:~s ,~X.~: trd pa•d, Iv.~ri!~a`~, ~u,IR w~h~ uqr:c~t, fFwil lit aecu~ed by the I~en o( ih~~ mOt1~~!' b. 7Fut (a? in nc~ c.Yn` o! en~ k»ra.h o! th~s .~4,.:r_;::ae ~r d~•~:,;r o, s:••~ ct .~,.:JRTL-~~.: c. .n ~hc ~vc~~~ any of sa d sums of money h..~~n re+ersrd t.~ ~ n:i . . a~•i . . ~ . r~, . . ~ ~ ~,a,:i _ .s • • • • ; t~~.o. , d.~ >:iC~ j].l{aU~t. N'i1f~JUt dc~na~~d or no~~ee. ; ' i~ thr event rxh a~:i ..r~. ;he s~~~,., ar:cuu .~~;rt nr~~!s cc d r,o u a~ci ~ovr s~•~` o' jse ,i r,, ~s ~ r,o,r a,~d tha r.,,,.~goyc any w e,ther are nol pr..' i:tt~ an~ tu: y p~,r~~....~•.i d sc~~a•o:~d ececu!ed e"~:+rd co•np,rtad. .c.nNi:ed V..!h .„d a: ~i~rn ~.i e,~her or eny wch event Ilx ~a~d ap~ ~'e9a`e s~~~ ~,~.,t~.~~rc ~n sn,d t', ss:,r~ n,•e rnen re ~ ~::~c.a wrt•~ :„r,,,.,e a.. .;r.i. o„o ,s sr::'~.i hcrri.v. shsY b~con~e due and pay. eee io~:hN,•1 ~h~~:,e'rer, at +n.~ ..•:~,n , s.,~d hSJR~~-~~:C es 'v~;y a~w~ .o~nf•r•r:~ es ~f n.i o} ,.~s...i s.,.rs ci .,,r,ey .cerr ong:•ia,ly •bpu;atrd e."' he ~:d On Sr:~~ Sn~'!~:n,l i1 : i~•~ SsJ: nCic :.r Tius ,15Jr1 i 2 f0 lne (J.Y.d•y ••.~t.~.iha, , ' ' ti' ~ .:i .,rd eh.•~r: ~ ~o or ~.,+tc. at the opt.on o( s~ i MORiGAGf: r...,,c n~.~.:.~ o* a~.:•...:~d. s.~t ~t le~o cr ~n eq4~tr. thc~eiort .r fnrrz•a~•,.r b.~v~~, r,a~ t~. ;:osr:utcd ns ~1 a'tl moneyt setured hereby r.: d mat~rCd p•~..~: t: .,s ,.4t~ ,',Jn. ~hd7 in •A! P~cnt t' • e V,~..' ~ • e+ „~nn ~q of or at a,,t. e n.,d.. q a-~ s, f ~yti,•, e~-s ~:,ac. , r~ •.vcc~:se it. or to reform n. or fo en(orte r~.•no~~ of en~ ~,s ~c•c, s_ o. JRiv%+GEE s`~a' ~;'t rh~ tc. •e h_a, a, on`•n..,eo~ fer,fhe cp~ o~otmem of a Re:e~ve~. such Coun sha~l •ti~n~th ap}ti ~.•t a' cr~, r- N s-~d n-id ro:4~~i. n., a•id vn. . ' d i. «sues ard reven~es fiom whatevr~ . . .:y e C . ~ ~ r - ~ .:,a~ ~c.~rr .»n c -ce drr~.ed e cw e+i c~~ry if lK•~-.: rac~is~~ .~Rd~ s .i n t., ~ as spc ~~<a.~y set ;OrtA and dest'~~d in the g~ant~n3 and ^.-ti»~.,~ : s.srs M+erre•, o r s.•.h Rrcc~~.r sh..~. have e~: the b•:a~i a~. ~K .r,f. ....•~~d ~~v~c~s an~.,,ic cn~ .~sted by a Cou•t te a Rece~ver. and s.:r a„o,:-•,•,e:e, y•, j: t4. .~de b. s.:c`~ icort as en a~ •~~,-d ~ d:, , rcr c .,re r.~ht tn sa~d JRTGAGtE, and w~ti~~ut ref~re~~ee to the a:~ra:..t~ .~-,ey~•a;.,c; .t *'r va.:e e.' •'~c ~ro~~e~r~ r~c.~~~,~ea or r:, •rr n:;.. c. or .rne of 3a~d A'.C~R:IrA 'R o~ t ~ ' - r ' ~ y v.. ~~c d~,r..dents, a~,d ihat such .•s F:. .s. . r. ,sa:: s a~•.y re.r:., rs snr~i L.~. s~•:!+ c: •e~ a..~+r,:.: j t.; tt e:.en q rquify ol sa~d 1.1~RTGi~GEE and the praCticO OI luth i,: ~ rt. b. Te d - .•od '•u.'Y t.r d.s:h. ,;e e~r.. e~rc:r. c . ree io v. ~h an3 ah•de 6y rac'h ard eve,y rhe s!ip;;'ati~ns, agreemenrs. : ~7di•wns an.i ,e-. s . _ nro s~.. ti ,.^•e ~ ~ + s . . •y.~JC srr io 9. Tnar n•he e~.-• •nc ev~^e s~ r. cf thc .-~,raa~rd ~:r^:s^s. o+ a~~.~ ~.~.r v.z-'c:i Eecw*~es vrs'ed ~n a;rson rther tfion the MORTGAGOR, the ti': R'GAGEE. ~rs a~ccc•sso.s r d ass.g:es, may, v.,~hovr ~.o~,:e ~o +ne ~'OCt~,a~R. dea~ w~th s:ch successo. ar su:c~ ~sor ,n ~nrerrs~ wrh .efe.ertce ro thl~ : tga~e e*~d +tic a:.:~ . x u•ed ~n tne sa~r ma ::r• as ~n~~h t.,~~f~~g~ ~.'h,ur ,n arr N,3y vi!.ating o~ dsc~•a~y,•,g the lAorvgagori Gability hert .~~dr~ a+ ~~n al.~ Cc:. ht ~r. , Se:.~~e'd. NO sa~~~e o1 +he F~e^ ~sns h,r~~b, m,. rq3qi-d a^d ne fe•:~ea•r~ce o~ fhe part oi 1he 1110R1GAGEE M its s~ccessors o- a:s~qns and n~ ea,~.,s.on or nc~ !,:ne tur tne ,sayn-.e^' of tht debt hercby sec,red o~.en by the MpRTGAG:E nr irs soccessors a auigns, si,all operate ro re~ease, d acha:ge: m~c..+.'y ;~a~~e a atfect t!~e c-~g:ral L~r ..t~ of the R•O~.:GACx]R r•erem, rther in ~,hoie or ~n part. 10. h~s spec j:.a:.y ag~ecr-i +har ~;me ~s ,f t1~e rsse^"e of ~his con!+acf a~d ~f,at ~n ;,.a~•:er of a~~ ot' gar~on hereunrler o? of !he obligat;on se- .,~ed FKrrby sRe`. a+ any pme thcree+rer be hc!d to be a warver of the terrr.s hereof or of the insnum~nt sccu+e~ herbv- 11 ~..c~ ~~~e !c~e ;c m,nes ef r~r~.~: snd t• reG:, red b. thc c~, m su~~ ~~e~r s:~,.ed hr-ebv. mo-tga~or eovenants a ag~^r~s ro ;~a~ tc ^ c-tyi~ee M:i` C3C " 1 ,,3,:.,e ~ a~ o~at i. . cs. aaE•rf b~ u•r~3gee te LY e.;,,a~ to 1 12 oi ~::a annua! cost of the tollow- j1-"„ ca . r'JCC.•y ts~TS (e~:~,_:: i d!s:~<_s,~3 dClr:s7 T+:c 2i7.C (1tsL'.~~.t~ .:di es'.i•e~ 5 F. or c.; a~o -c~.~, ~a.-a•c~ ac n,•~ r.~q_.r<.d r._ k,., ca., •c~ c•, rhe ,•ov_Te••s s~:,~te ~n above dsunbed p:emiaes. ~-p", , -s , scc~: r~~-•_ _ . . _ . ~a~ rs _ ~aa;~-e i ~ . . ~ •o ~e _ srt t~ carry on ~he loan secu-ed he~ebv- tio ~ , - . ,n:.•::,g uj •ne a• c_., a cs -,a.ae,:e herac:,d.., and s.,:!. s,:~-. sh,it ~hcreupon be due and - .aDe e~V~~r ! . . ~ a s c~~:~..c •ti ~--c~i•:• mc••qage sha'~ not.E, ...o..~agor ot a chan~e in such - ~u^t Suc^ s. ~s ~ ~a r~_. . _ _ _ . „ F.e c • c.• , c •r.y ta¦es. „s: ~a.:c~ pre.r, v ns, a ~d rr.c~tgage gva.anty irsurance ,"CT,1:lR:S. , :,'-i:~ c sz d~~O~:vAC;;.R nj= herev-~to se~ h:s !~.,:.:i a~d sea: ~r.e orr and ye f.rs~ afo~esa,d. "9n .$ea~> a-,c e~ed ~n e c*ese^ce oi - ; ~ - ? Gi T_ z~.~.~ ~~~~r ,:oodroK Gaunce _ - (Sest} _ - - - - - - ? j i~ ~E• ~ : ~ ~ -y.1 ~ a i ~C /Seaq - - - - - - - Plaomi Gaunce , al so kno~rn is~,n as Naoai June Gaunce ; _ -'E C;r OC~7C j;°„t'1Ck7 ~ ; -;.,•~,Y ~ Robertson ' ~ ~ s~~a~ ~e pen~•,e.i~ a..~~~ed - - - ~r'oodroW Ga-.utee ~ haom~ sau.-~ce--- --N~aomi~u~e ~aune ,~d a1S0 ~Q]O~t'f a~ };,s w: e. to ..me we~ 7~~own and known to me to be ::~d:~~d~s.s desc~•:rd ~n zao aho eaec~red tiw f~rEgo,rg inst•~m,e^t, and ac4rwwledged beiore me tAat shey eaecuted the s~me for the purpose~ ~r.e~.~~ expreised. ~nd tne ta~d------- - *±805"i2 ~1:i:C@ - - - - _ _ _ - `e of rh~ s;,d _ i'.OOdI'71~ ~aunee vpon a separa~e and priwt~ ~~^-n•~at•on bv ta.~n sF;:a•a'e a-~d r;,e.rt irc~r, her sa~d h~sta~d ~ci~w~•;ed3ed to a^o befo.e me that s~~e exrcvted sa~d insn~ment freety and voluo- ~e•,;y and w rr,o~t~ a-~y co-+;.,.,.snn car.s'~a~nt, e; ;;rehe}r;s.on, os fea~ ef o• fro~-: her sa<d h~•s~and. K'IT~,iESS h~a~..a. and uf~~c a' ae~! rh~s- . 1~SL~'1----- day o~_ _ A Z'll _ A. D. 19___1J_ - - - ~1 ~_2 J.•~t - st z~--~~~ ~c c , NGtary~ P~b~'_; in dr.~ f0~ 1hC Sldt! O Q k,Y co~.~-~~s~~ ~x;,:~r~: Rentuc~ at Re.~... T~ `'.~~~~~~~~~`~.rl~~i~~~~i F~ru Fede~a' Sr..r,~f 3 ioe~ A~sr : ~ , _ ~j ' d ~ .7.... ~ i ~ L~.r r.-~ _ r ~ ~`i• v~'•~• uj~' ~ r ,v . = <t' h~'•t'~~`'..L~ Th~s 1-~ tru^~ent Pre ared B : z P Y J. J. ^.hasta:.ri ' ~ ~ ~ ~ F,rs~ Federa! Sav~ngs 8 toan Assouaf~on e..%'~a, , • of F~r! P+e~ce ~ ?Zoi'~::~ "~JM( f~1'~ ~ ~ ~i- f Checke~ B~ : - _ _ ~ R 192 ~.604 BOOK 1 ~n:~~ - ~ _ -.r ~ ~ , _ , . _ .