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HomeMy WebLinkAbout1163 3. lo PKfpw :Ow~Yti w.rA u.d ~ba br ~~[A Md ~vMy N.pv4~•wN. W'N^~M°~~. c~ndt.on~ ~nJ cowMnh .w ~~~d Wow~.ssa~ ~.ch MW ONO ~w~w. 7. 11 ~nt of eM ~ww~ 01 rwo~w~ Av~;n ~~1«~~d a M na wo'w~H «~e 1„uy ~a w~~~un M.nr q0: d~r+ n~•~ ~hv M.~ 1a/w~ s~v~~•u~ e.ca+~ d~ ~nd wr~b~~. a.1 e~cA ~wd ~rsn ~r ~~:pu1~~.ena. p~w~~^a, cw+b*.ons. M+f cova.~nn ol ao~.:,.o.y non ~nd M.~ n~ore9ap~. w~~Nw. ~a Ju~r pMlvm~4 rapt~~d ~.:~A ~nd ~bdM ~r. ~M ~YY~N~~~ ~ww nNnuoev~ .n s~.d pww~~w~Y nob tA~ll becaw~ du~ ~wd Mr~bN fatAw.~A w M~.~alw ~M op~an O~ tM Mw~p~pN. fvuy ~wd cwwoN»N w:1 u:A ~pp~N~N ~wn ol ~wrwt wn w~q•nall~r ~up~rlu~d a E~ owd on s~cA d~y. ~n~.o~ M M.A O~O~~N~`ry wa~~0~ wNfM a M~ (Mp~ry AOtr~1141M~dv~ To dd.v~ b u:d A~w~p~yN. oe e~ A~lon MacA iS~A eF NcA yw~. t~ . ree~:pb •+~d~ncinQ Nw p~Y~w~n~ ol all I~wtully .eK,osed a.N la ~M w~c~dea ~~h~Or Y~. w d~4vM b uid Mo.~p~pN. r~ce.on ~•~d~.~c~np M~ O+rme^~ 01 ~H I.N+s lu v~1.c .wpro~~+ w:M:w n.n~~Y (V0) d~r~ ~hM ~1w u~ ~11 l~con+~ dw ~nd Wr~. ~nd p Mr er di~chMy~ w~M~n n~nNr (90) d~Y~ ~/~M dw d~t~. ~n~ ~r.d ~11 pov«~~w~n~~l Isv.~s N~a~ .way b~ wrd~ on tM w+w~p~y~d WoW~~Y. on Yw~ mortp~p~ w roN, or iw Mr oMw w~y resvt~~np lraw Nv Abr~wp~ ~nd~Et~dn~ss ~~tw~d M~ ~An ~o.~Wq~: Md if Nv~ iond~~~ow a nW coiwol.M w.~A ~nd pee• tww»e, ~d ina~p~pN nyY Wll ~~A ~~+n. a? ~wp wluc~ aMll b~co~ pu~ ol M~ d~A~ sNwed A~r ~A:s ~w~q~p~. ~d still bew ~Mwti~ a~ eM el u¦ Pa cM~. f6X1 oM M~wiR Wr~~~ ~~•~MU~tl~r w~til p~:d a sai0 Maep~pN wur ~t~ct MN ~tid inaW+9~ d~W ~Mr~uva+ b~ca.r dw ~nd V+11~b1~ /wMw~lA. 9. 1~ i~ IwN~r co.eM~~~d M+~ +9~Md sY sa~d v+~t~es ~ha~ ~n M~ ~wwt ol • sw~ ~.np .nanh~ad t0 IWKIp~~ H~i~ ...wtp~p~. ~M Abrfp~q~ sA~ll 0~ ~nn~l~d ~o pply p y~r ~;wy pMd.•q ~vcA for~clo~w• ~w~ ro eM cow~ Mw~y iw.sd.c~wn Maeof ~1y ~ppo.~?.nenr o/ • nc~iw. o! ~11 ~nd ~~npul~r Nr ~wwp~rd wop~r~r. ~nd of ~11 ~ r~nh. :•ao~s. v?o1~M. i~~ws a~d r~wnu~~ ~Mrw~. frow ~.lunowN sowc• da.vtd: ~nd N~~~roon i~ i~ M~~bY •.we+~h cove.+an~ed ~nd ~qrMd eMr ~M eow~ slrll fa~Aw~M ~ppo~.u • neNV~r of a~:d ~wwp~q~d pc~pe.rY. ~11 and u~pulr. u~d ol sveA r~n~s. ~ncwM~. wof~~s, ~~ivM end nv~~u~ ~~oi. Iroiw wAuswv« ~arrn d~.iwd. w:~A ~M ww1 owrva ~nd d~ri~s ol recH,r~n in I.L~ u?es: ~nd sraA K+po ro~n~ ~Mtl M'nad~ M~,uA cow~ ~s ~ n.~ne. ol ~a~c~ ~~qM ro Mr Mwtyp~~. iM ~~cc~swn. ~p~~ rpns~nta~~wa a~s~~qn>, ~nd w~~AaA r~!«~nc~ w Ny ~d~m~~cY or iMd~pwcr o~ N» wIw al tM wop~rry Raebr Torry~q~d. or to ~M w~wncY a~w~eY o! Mw Mw~p~pa. ud N.~t s~rcfi rM~. aof~b. :nco~. .a~ws wd nweww ~MII M app~.ed Mi r~c~~.K fo Nw Wv~n~ of tM ,.,orp~y~ ~nd~e~dewu, ewn ~nd etiup~a. ~eeocdrq w~M adv ol ~reh eow~. 10. 11 ~ conwy~nn a~wld b~ ~adr bq ~M Ma?ppw of ~M aNw.sM Mr~:n de+cntred. o~ ~nr w•~ Mawl. w.e1w~~ wr~n~n censen~ ol H.~ Mor~p~pw. ~nd w~~Aow ~s~vmo~•on 'a~ rpular Ia+ o! I~w ar ~M pr~neN ol eM ob1:~~ion w M~ 1No.~9+W~ cr~ss~d M~~:d aaw:sswY no» Md Mis n~w~9+W. M~n. ~nd ~n M~~ w~aet. ~nd H IM oC~wn of IA~ Morrpp~~. ~nd v.~M~oin nW.c~. ~It ~ww~ of nwn~ll s~cw~d Mrrbll sMll .nww~dia~ Md connwr~ntly w:M ~ucA conwyw~c~ E~caM du~ ~nd WY~bb ~nd :n d~(w1t. 11. ilu~ iw Na avee~ tM Ws~n~~„ Mrebr mor~q~p~d. a~nr oN~ tMreol, s~~ll M co.~de~ne~ Md Ut~n !w O~~:c vw under dr oow~r oI «n;nM~ dana~n. tM Mwp~pe~ ~+11 Mw IM rpAt M d~rn~nd MN ~11 brw~q~s awMd~d for ~M q?~ny of w dNwaprs ro t~d pMU~~s J~U b~ p~.d ro Nr 1Mo~~p~9~• w p~M H+e~ uw~~d on dw~ wqn9~9~ ~nd ~M uW:on ef ~Ae Mw~yp~~ iwar ~ wv~• d uop+ dr p~~n.Ma las~ p~y~M Mr.~on. lZ. tAe ino.~p~pw b.nd~ w..nsetf na a~r~c+ a w+w~:r ro E~ ~.Kt~d ~ny n~r bu~ld~nps on ~M w~~ M~«n .r.o~W+9d o. w~dd to w penn~r a b~ ~dd~d !o ~Mr d tM •usnnq ~inp.owin~e+?s ~Mr~on a.Mk• w~y c~ o~ •tMr~uam in s~id ~~wprowe+~nM w?uch iwa~~ruftp eMnp~ Nw ~aTe w~M vs~ ~Mrw~, w~Mou~ rM w~tNn cons~n~ 01 ~M Morfq~pN. and :n Mr ~v~nt o1 ~nr ~rio4t:on o~ Nten,M ro wot~q ~1+:~ N:pu4rion ~A:~ nwrtp~q~ snd ~~I awws +~cw~d Iw~ey ~MII :n~- ,n~d;~t~ly p~cp,» d„~ ~nd cull~cr~W~ n tM op~an ol tM iAwtp~pN. 11. U:s swc~f.ull~r ~qre~d ~Mt t.w~ :s o( tM ess«+c~ ol N~:s con~r~c~ and ~~at no wa~va ol ~nr oe'.p~~wn M~wndN w o! Mv obl.q~f~on sKwtd M+~bY thall ~t ~nY nrn~ E~ M1d ~o b~ • w~..-e~ of ~M Nnws ~erwf or of M» ~narrwnen~ secw~d Aer~by. 14. 1/ /w~closur~ poce~d.nps o~ ~nY s~eond ^+xep~q~ a s~cond trvst d~~d or ~nY ii;.aw I~~n o/ any k~nd sAoutd M~nse~h,t~d. ~M Mo.rp~gee ..vr. a~ .n opnon. ~n.~d~»M w Maealte~ d~clu~ tA~s ~nwtqp~ ~nd Mr ~nd~W~drwaa s~cwed M.~bY du~ ~nd Wy~W~ fo.~Aw~tA, ~nd ~y it~ ope~on p'oceed b Io~K~Gf~ ~h~a n+o~~p~os. 15. To tM ~ar~nt o1 tM ind~Et~d~wss of +A~ Mortpkgw w Hn Mwrpaye~ Mfcr.bed Mn:n w aecw~d A~.~by eM Mor~Wpe~ is Aerebr s~brop~~ed ~o rhe I~en a I~~ns a.d q IM r.pA4 01 ~M owne.s ~nd Ao10e~~ tAereof o! ~~cA ~nd w«Y .naeq~ye Lew a aher .ncweb~a+c~ an ~M 4nd d~scr~b~d Mrein wAicA i~ paid ~nd/w ue~sfi~d in wAoJ~ w in pa~ out o! rM poceeds of ~M b~n d~u..bsd ~e.n a a~c~r~d M.ebr. +~d N.~ .esp~cnv~ I~ens ol s~~d .na~paq~+. I:~n~ a o~he. .nc...~M+nce• sMll b~ ~ed tM. urr.t r+d ~acA o1 tM.n Aereby n p~se*~red +~+d ah.ll p~u w•~d b~ M?d Er Mv 1Nor~9~9e~ M~~i^ ss ucw~ty fw tM .ndeb~dne» ~o tM Monp~qee ~~re~n descnb~d w i~c.rby secwed. b M~ umt e.t~n~ Mat would l+~r~ Dten wese.v~d a~d wou'd Aaw been Wfa~~ b ~nd been M~d ty ~1w Mor~q~pN had ~r b~e~ dvty ~nd r~yul~rl~ a»~pned. n~nsf~n~d. s~t aver and dci~vered ..nto ~M Mo.~~~qee by s~pane de~d o/ ~sa~p+~nt noew.Mar~nd~nq tM ~~cr Mi~ ~M su.y mar be a~n~~.ed ~nd canc~l~ed of r~cad. ~t be~nq rM u+tem~on oF rM pN~.es A~~No ~M~ ~Ae s~~ .`.11 b~ ~sf~sf;~d ~nd cr+c*1!r! of recad by 'Ae I+o~de.+ ~Mreot •r or sbw,t rn• ~~en~ o~ rM r«o~arq of Mn ~or~peqt. 14_ io o~r aii •~d t•..~-..t~. . ~.~...ie: .'.,a.~.y ii.,•e• • fees re~~o~~n!r ...~.•rte o. o~•.f a~ ~~ti nme try +~e Mwra~qer Eeu_u cf .•t a~ ~he Mar!qaqo. f~ Oe.~:r+~+. eW^J~v,~•+~•~nO ~D•Af br e~[~ an0 e~tr~ ihe s+.u,~ar.ons. fq.ta++e~+s cono•r.pns. and co•en~nh af a~~0 D•~^' »~•ti "o~e i^n rn:~ .•e~~ o~ c,•~e. •~O e.e.w ~.cw oarTe~n ln~r pe~~ .mere~+ Hpn da'e a+ r~e .~~e o~e.~ded ~n ~i.d w.:++~ti+ar ~ore 17. Whu+ u:y ~era+ent of ewney M M pid Dy ~ Mw~p~Ow b M~ Mor~y+y» w+d~~ N~e terTS M.eof shall b~ in d~tavtt, w shovld tM M«~Qapw def~~t~ a~y of ~F.e oM~? ?enes, pwis~ons or condr;ons o/ tA~a N1or~q+qe. thw~ ~nd ~n fAM c+s~ r1.e Mw~q~ye~ shatl Mw Nw nyAt, v.~rAa,f no~~u to th~ Mwfqt~r. ~o co!:«t ~nd rec~~w frwn ~nr ?en~nt or les,M of said nwrtp~qed p~an:se+ tM r~nts. :s~~es Md pof~n of tAs r~al esrN~ Re~eby n~wtpayed ~nd ~M .~*po.ernenh ~~ereon. ~nd to q~v~ wop~r r~ce~pts ~nd ecOwnances tAerefw. ~nQ afrer p~Y.~q •11 cw.v~~ss.ons of ~nY re~t~l ~qent collecunq ~M s~~. •~d any rs~~on~Dl~ ~~rorney'a leei rrd oNw neceassry •ap~ns~s :ncwred .n coll~ctug sanw. ro appM ~ woceed~ of s.,cA cotlecr.ons ~po~ anY indeW~dne». cb!.y~r:a^ o~ I~~bi~.*y, o/ ~1w Mwfqapw Irrevnon. Ttr riyM qr~nred ~?+e Mo.?y~qe~ wider N.~s prp~+oA shail !r add.~.on to. ~nd sAatl no* I~mi~ w rqtr~cr, any othsr r:qAe w npAn 9r~n~ed j r~~ Mortpaqe~ .n M~a Abnp~q~. i lE. If IM Abr~p~qws ~f ~ht ~urr o/ mek~nq iAia Mx*y+q~ w s~.bs~p~Mnt ~Aer~ro ov~ ~~l~ ~nw~~nce dniqn~t.nq IM Ab.~Qape+ 1+e+ein as btnefKisry w~rh • ~ coTp~ny ppoved ~y d~ Mo.*q~qe~ or ~ss~qns polK~ea to tM Mongaqe~ fw ~M purpou o! secunng rM r.wr~q~qe Iwn hereby 3KWe~, thM *M Mortq~qee aha11 ~a+e ehe •.yA~ ro wr +^r a~~~«+~n~~n+d~r ~+~d poiK;es. and awna so eape~ded s~ull M add~d eo ~nd beco~n~ ~ Owr o( tM p~nc:pal ~nd~btcdnesf aecwed oy Mn Mwrpp~ ~nd sAall be pa~d by tM lYtortqsqor to ~M Mw~qapee ~n twelw epwl (pniKN~~s ...w~m'y ~rot~llmeeri, tM (~nt 'nonMly msbll~enf to b~ pa~d n• ( p~~t ot ard .n sdd~non to el.~ r.wnMtY pay~a+r du~ under tA.~ Mwtqaye .n fM firsr c~lenda mor~~A foitow~ep M.~ •ap~nd~nq of wd ~vw~. SucA wn+s w e.pendeJ +o bea. .nrerest ~M r~te at rh.c~ ~nreres~ :s W~~DI~ vpo~ s~id princ.pa~ ~.deEt~ak~sss ~rd fh~ I~en of tl+:s Morty~~ ~Aall ea!en~ ro~nd secu.e fhe su.~a so eapended .oq~~her y.•~A mterat r.rreon as her~~nbe/w~ p~.:d~d. 19_ Tlwf 1o9eH~et ~ifb ond ia odditiow b tAe ~onMFp paYwitM ol pnnc:pal ond ieeerest poyoWe vnder IM fer~s ol tbe noM secvred hcreby. Nb.~ogor sholl pop b Mlortyopee eocb ~wwfb v~N w:d wote is F~Ilp poid, owe-tweNtA (1 ~ 12) ol o sv~ pYOI w rIK onn~wl prewi~w doe for lire. eitended co~eroge. 0~6 oMer b:wd ~ws~ronce co~erwq t4 wwtyoycd prop~~tp, pl~s baes ond ossesssenh neal d~re oa fhe wuf9oped properlp (dl m cstiwo~ed bp Morrgog~e) i~is dl w~s d~eodr po:d tAtrelw, owd /o b~ di~ided bp the nvrwbt~ ol ww~t6s b elopst prior fo f6t dot~ rben wd loats and autsw~ewh shall becoiwt ~el~nqwnt. So:d wrws sboM b~ I~eld bp Mwtpopee ~w ~rvst w credifed b Me pr~cipd o! ~Ae loow, b pop soid iwsnrowct, ~aaes, ond osat~uweeh aed shall be opplied o~ tlr po~~ewt fAe~toF ~hen dY._ w~r tutu Aeld in hosr bp Nbrtyoyee ~hen wid loon is po~d in (rH sAoll be poid 1o Mortyo~o~, o~ tiis os~gss, w persowol represental:na. Iw He e~ewt nf o ddoYlt or (oreclosvre, w:d w~s 4e~d in hvsf ~oy be oppl:~d ow wr cosfs ol do~wogtt wsroieed in connectiow ~r:N tl~t collection of t6e wWt secvred berebr ~Aetber bp sv:f, loreclos~r~. o~ otLerwiu. Mortqo9ee ~vy IroA ti~e ?o ti1we ef i1s option ~o~~e. and ofM ony srtA ~airer, rtinsbfe ow~ w oN pro~is:ows hereof reqviriny wcl~ depo+its, b~ aolic~ b Morlyo~or in rriliw9. W6ile ony aucA wo~•er is in effec~, Mo~~yoyor sholl por Ia:es, msessinewM ond :ns~ronce prew~iu~s os i~erein dx~he~e prondtd. ~ IN Wt7HESS wtiE[EOF, tM s~~d N1w~payw M~n.~a Nt~ h~s hand w~d s~d Mis ~M d.r ~ed Y~ fin~ ~ov~ wr~n~n. ~ / - ~ / , ~ ) ~ 'L, / / ~ C l~ l Li• f >I ~~~,ii ~ ' - ~ ' yed. ~e~4d ~nd de:~+e~ed ~ (SfAlf ~ - ~,.u,~. o, Albert L. Puig ~ . ~ / s~..~, I~r 1.., ~l~cy~~I7i-Q~ ` lf-~'L~ S~at! ~ Constance V. Puig ~ ' i ~ ~~~/1~~~~ l?yy ~ ~ . ' y - ~ CtL c~ ~z~r~2_ ~ e y ~ auo~ ~~4 ~.1~ ~ ~ ~ ~ ~ - - _ " - _ _ .