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HomeMy WebLinkAbout1760 0. To M•fa~. coTph v.~M ~nd ~E~d~ by •aA ~nd ~vwY ~~pu4~w~?. p~Nmeneti. cond~.om ~~d cov~n~n» ~n ~~~d aaw~?~ary eaq Md dMA ~N forn~. ! f If ~nY ol ~M ~wwa oi rrw~ry Mr~M ~~I~.r~d a b~ no1 Wwro~ly ~nd tu~ly p~~1 ~.~~h~n M~nv q0) Mp M¦~ •(r« tM s~ ti~v~r~lly Mconr d.N w~d wr~b1~, ~ w il ~K~ ~~d ~wry M~ N~pvl~~:on~. +p~N~^H. cond~~au. Md cov+n~nn o1 ~~id aan~~~wv noN ~nd Mi~ ~nortq~p~, a•~~Mr. ~n na d~iy pK1w~d. cw~w~~~d ~ w~~A ~nd ~b~d~d pY. ~M ~99~W+~~ w~n m~m~on~d ~n s~~d ao~is~wv non sMll becoen~ dw ~~d D+Y~bI~ faMwiM a?Mr~~frw tM op?~on o/ tM Mw~paq~, ~ ~s fully ~nd conwl~NN a if uid ~pprp~t~ ~wn of ~non~y w~~ aip~n~lly ff~p~l~t~d ro E~ pa~d on svcA day. anYMirro in ~~id pawiuory nM~ a M+~i~ b tM ~ conn~ry notv~~tlubndiq ~ 8. te d~I~vN ~o uid Mw?p~qN. on o~ b~for~ Marc1~ IS~A o/ NcA w+~. a• r~nip~s widenc~np N,~ wr~~ ~~11 I~wfully irwpw~d f~¦N fw 1M p~ad~ny c~bnd~r Y~+r. b d~livN w~aid Ma~p~9e~. r~cho~s ~~~dw~c~nq tM wv~+~ of ~11 li~m Ia D~+b~K ~~+prov~wwn~s wiMi~ n~n~M (90) d~» ~fw tM a~nw ~MII O~coin~ dw ~nd MY~Eb. ~e~d ro WY a di~cMrq~ wiNun ~inNr i90) d~rs ~I+K dw dN~. MY ~nd all pov~.nn~n1~1 Mvi~~ tl+~~ ~y D~ nrd~ on ~M ~atWV~d WooMtY. on Mi~ inw~p~q~ a no». a in ~ny oMp war rMUlr~ep f~orn ~M Ma?prq~ 7~Ohdn~u s~cw~d by d~i+ nw~y~pN M~d il Mi~ condtion p~ nq caroli~d w~M ~nd per- fww»d, uid nw~~p~pM nwy MY sucA ~ww w~una w1+~cA ~Aall b~can~ pM o1 M~ drb~ ~Mwed Mr *i~ n.ortq~q~. w+d sMll beu in~MU~ H M~ r~N ol ti¦ pw c~nt. fAX) vM wwnw. Wr~b!~ ~rni•~vwalty uMil paid or ~~~d Morty~9M maY ~bct MH wid rnor~q~q~ deb ~M?w0~ ~aM dw a~d Wr~bN lathvriM. 9. It i~ twthr co+~named ~n.i a9~~d br ?~id par~iN tl.~~ ie ~M ~wnt o~ • svlr b~np inu~~wd w fa~clos~ Mi~ mo.tq~p~. M~ Mw+p~yM ~hall E~ ~n~iH~d w woM ~t a~r ua» w~d~~0 ~ucA for~cloau~ suwf a tM caxt Mvi*0 iwisd'u~~on M~rwf fa ~M woun~~nent d• ~~niwr ol ~11 a~d unpular M» ~nonWY~d w~~Y. •nd ef ~H ~M r~nts. incan~~, pol~ts. is~wt ~nd r~v~nws IMrw1. tran wMfw~wr ~ou.ce dviwd: a~d Nwtiiooe it it h~r~1l •¦prh~lq cwuw~~~d +nd prMd e1+a~ 11N COUA fMll IlvlAwilA ~ppOiM •~~e~ivw ol uid morp~y~d prow~W. all ~nd unyul~r. u~d o1 sueA r~nb. :neaw~~. pof~d. issw~ end r~v~nw MNw1. f~aw wMno~v~r sawc~ d~rivsd. witA tM uswl oowws ~nd d+ri~s of r~n~v~n in lik~ uati: ~nd s~cA ~ppo m~+~ aMll bi mad~ bp auch cowt a~~narN~ d anict ~ipA1 a ~M Monp~pN. ib ~~cc~uw~. Ip~t r~~N:vti w~~a~9ns. ~nd wi~Aov~ r~fNN+c~ to ~M ~d~vwcY or in~dpu~cy of N» v~lw d tM w~M ~~+Y ~W~Y~. a~e tM adw~cY ~+~ao~wncY ol Hr Monppa. ~nd tA~~ ~~cl+ r~nt. ora(i». inco~. iuw~ w~d r~w+ws aMll M+DP~i~d bp aucA hc~ivK to H» Wy~nt of tM nwrfp~y~ iwd~ENdn~a~, eo~b +nd eMrpw, aeeadeeq a Hr ad~r ef ~~reA eowt. 10. M~ conwrn+c~ ahwld b~ nrd~ Sv tM Mw~pqor o/ IM pan~w~ Mr~in d~sc.~b~d. w anY wr~ M»r~ol. wi~Aan f!w w?i?hn co~we~ ol N» Mor~p~q». and wclhoul uswrorion in rpular fo~~ of law bq tM q~~ntN ol ~M obli~rion b M• Mw~yaqM cr~~t~d b~r ~aid paniswry noN wd ~Ais ww?~p+9~. 1Mn. aed i~ ~M~ ~v~nt. and N ~M optan ol Mr Marp~q~. ~nd w~Mar~ notic~. ~II ~wna of ~rwmY s~cwed I~eby sMll irn~di~aly M+d ta+ewr~mFy with such conwywrc~ ~coww du~ and v~Y~bl~ u~d in d~iwlt. 11. TMt in N+~ event dr M«n~s~~ Mnbti n~on9~p~d. w~ny w~~ ~Aa~of, ~hsll M conderrv»d a~d t~k~n fw oublic w~ u~der M~ vewp of ~min~n~ dan~in, rA~ Morp~qN sM~l A~v~ N» ~iqA~ a danand tM~ ~It drn~q~s ~w~.d~d /a eM t~tinp of a da~.~+g., ~o ~d a«MS+~ d++11 E. p.~d ro N+. iNa+p.v• w a M. +~.aunt Mw~+ unwid on M~~ nanq+p. and Nw oWion of M» Mor~p.qN nyy b~ +vpt: d vow~ rM wrnwnb I.s~ Wr~EN N»ncw. 12. 1M mwtq~por E~~ A:mself rw~ w aM w Da~ni~ ro b~ e~~cs~d ~nY mw Euildinq~ on ~M wwnisM Mnie ~nwtq~qd w M~dd w or Oernwt b M~dded ro~M~ e! ~M ~¦i~tinp ~/nprov~~mnb tM~wn o+ ~nak~ «+y ch+~9~~ a ~I»rN~onf in ~a~d i~nwo.anN+h wh.cA m~NrNly cMn9~ N» a~ o. ~M „a~ tMrwf. wiMou~ eM vinin~n eom~nt of ~Tr Mw~qp~, and in tM ~vM+t of ~ny vid~tion w~na~np~ w v~o1aN ~A:~ ~~~p~4t~on tA~~ mwtyay~ ~nd ~11 s~~ns ~~ew~d Ir.~Y ~MII ien~ r+~diaf~lp Mcorn~ dw ~nd co11«~~el~ •t N» aption oi N» Mw~y~qN. 1~. 11 is sp~ct~~c~lty ~p~ed tMt t~~ i~ o~ ~M ~sa~nc~ of M~s ca+?r~ ~nd Nyt no w~iwr o! ~nY ob'iq~t~on Mrwnder o~ ot tM ob~ipat~on s~cwed MreDY sMll n u+y tirty ~~It{d b~• w~iWf O~ f~l~ NfI1H ~IM~ M O~ t~N iMMWnMt iKW~ ~1M~by- 1~. 1( for~closun poc~nqs o/ ~nY s~cw~d rnortq~q~ a~~cand tnnt d~~d or any jwva li~n oi any k~nd sAould b~ inatiwNd, tM Mwtpay~e inay, at in opnon. ~m~d~a~dy a IMfMNM d~c4re ~h~s mw~9ap~ and fM u~MEhdness a~cwed Mr~by dw ~nd wraGl~ fo.~Awith, and m~Y N~a op~~on P'oc~ad ro fw~do~~ M~~ matp~y~. 13. To tA~ eatent o1 tA~ ind~bed~ss of tM AI1w?payw w th~ Mwtq~pe~ d~an~bed Mrhn a stt~red hK~by tM Mo+~p~qee is hereby tubroqa~ed ~o the li~n w I~tns ~nd b 1M ~:pAb of tM ownMS ~nd IwldNS tAereo/ of ~~ch snd ~verY ~~9+9~ li~n w otMr incumEr~nc~ on tM l~nd d~atri~d Aer~in wAith i~ p~id ~rd/d utisfi~d in wAol~ a in part oW of th~ prxeeds of ~M loan dexnbed her~in a s~c~red IKrcbY. ind Nx re?p~ctiw li~ns of s~id morty~9e~. I~ens o~ oMer ~ncumM~ncea ahall E~ and tM. wen~ snd each o( tM+~ Aer~br is P~tserved s~d sMll pssa to •nd M ANd M~ Mort9+9e~ Mr~i~ as s~curity fw tM indtbt~dntsa ~o tM Mwtp~pM l~~r~~n descriEed a hereby secwed. to tl+~ s~rr» e=t~nt thst it would h~ve be~n p~sav~d and woutd havt b~~n paase~ ro ~nd be~n Mtd by ~M Mortq~qw had i~ been dvly and rey~larh ~sa~yn~d, NMf/Ht~. fN over ~od det~vtr~d unro tM Mwtyaye~ bY sp+rar~ dMd of ~uipnme~+~ notw~tM+sndiny eM fxt tA~t tM sa~ ~aay be s~riat~ed and uncNled of ncwd, it be~nq tM ~roent~on of tM parries Aereto *haf M~ sa+» w~ll b~ satisfied ud c~nctll~d ot recud by .N+e holders thereof ~t w abo~~ rM tim~ of M~ rK«d~nq ef th~s mwiq~p~. 16. To p~r •!i u,d s~nq„4• ~~x wsrs. charges and e.pemes. ~nuud~nq la~.yer'• fees. .usonab~y ~nc~~rred a pa~d ar any +~me br ~ne Murqaqee. bc~a~se of ~he ~.~e a~ Me Mw+qaqo~ ro pe~fwm, compty ,ti~~h and ab.de by eac~ a~d e~e.y ~he a~~P~lanpns, agrlemM/s, tondt~ons, ~nd covenanh o~ sa•d prom~uwy no~e and +~~s aeetl o. e~*~e~, snd evNr such p~yme.~~s sh~ll Eear mteres~ Irom d~re a~ ~he rare prov~dtd ~n sa~d wom~sso~y nO~e 17_ Wh~n ~ny ~t of money to b~ p~id ~y tM Mwty~qw ~o ~M Mwtpapw w~d~~ the te+ms Mreof aMll b~ in defwlt, a should rM Mortq~pw def~uH i~ +~y of the otMr te~mf, proviaions a cond~tiau of this Nbrtq~qt, th~n ~nd in th~e c~s~ rhe Mwtqay~ shall Mw tM ripht, withouf no~~ce to tM 1Mortpsyw, to co~'M ~nd receiw (rpn u~y 1en~nr w I~si» o( Nid nwrtyped prcmiaes 1M renb, itfws ~nd pof~n of tM rwl esl~l~ her~by mwtqaqed ~nd tM impoveenenb u+ th~;eon, and ro y~w propa rec~iph ~nd ~c4v~n~ncq ther~fa, ~nd after parirp all commiss~onf of ~nY rtnUl ~qen1 colkctiny tM same. ~nd anY reuon~ble HrorneY s j fees and oMw necsasary •ip~nses ie~curnd colbct:nq sam~. to ~pply tM proceeds of such collect~an upon ~nY i~debHdness, oblip~tion or liabil~y, of tAe ! Mo•~y~yw Ae~e,n.de•. Tly r7yhf q.~nqd ~M Mat~gs~ w~de• +kis pKSg.aph s1u11 b~ ~n ~dd~r~on w. ~nd sha~l not I~mit o~ r~stritl. a+Y o~Mr r~qht w riqhb pan~ed ~p rh~ Mortyayw in tAis Mortyp~. t ~ lE. If tM Mor~p~qas at ~he tim~ of mskinq this Mortp~y~ a subs~qwnt tAsrt?o »k~ w;t lif~ ins~r~nc~ d~aiqn~rinq tM Mortpsqe~ haein benefici~ry with a ~ co..~panY app.oved by dr Mwtpapn a ui~yrn pol~ues to tM Mwtyaqe~ for th• pwpose of aecwi~ th~ mortpay~ Iwn her~by secured, tAen tM Mortq~qe~ d~all i h~re tM riqAt lo pay iny paniwn ~cvuinq undM said policip. u~d sll sums s0 etpend~d sh~ll b~ add~d to Md E~tWm a p~r1 of MN pintip~l indebtsdne~s sKwed by Mis Mw~qrq~ ~nd shall bt p~id ~y tM Moreq~qor to the Mwtqapee in tweiv~ pwl consecvi~ve monMly ~nstall~n~nb. ~M fint enonMly inst~IlmeM to b~ paid ~s • oart of e~d in add~t~on to tM ~nonM1Y p~Ym~nt dw ue~der thi~ Mp~qay~ in tAs first catendar momh follow~nq tM ~spee~dieq oi said s~in. S~ch swm w•apend~d # !o bea. ~merpt ~t ~F» r~t~ at wh~cA ineeres~ is paysbl~ vpon ss~d pinc~w~ ~~+d~bt~dnesa snd tM I~en o( Mis Mwtp~y~ shall ~ater~d ro ~nd secw~ ~Ae swm w eapended ~ eogerhn r.;~h ~nte~~i~ ~hereon ~s irr~~nb~fo~~ w~vided. ~ F 19. 11wf foyefLer ~rifh and ie oddition ro th~ ~oetAlr par~nt of principal pnd inte~est popaW~ und~r Mt M~s o( tlw nofe sscured herebr. MortyoQor ~ sholl poy b Mort9ope~ eoch w~ontA ~nt~ wid noh is fullp paid, one•Melfth (1 /12) of o sv~ p~w1 fo U~e awnuol pr~wi~~w dw for lire, tstended cooero9e, ~ o~d wher Ao:ord inturance coreriny tbe ~ort9oyed propertp, plvs toxes ond o~s~asw~nh neat due ow the wwtyop~d propn~ (all os esti~oted bp Mort9oyee) " lesa oll wws dreodr paid tA~rtfu, ond to bt dirided bp fhe nua~ber of e~ont6s b daps~ priw W tM dot~ ~r6en wcM taaes ond ossttswenb slwll beco~we ~ deiinawnf. Soid w~s sholl b~ I~Id bp Mortyope~ in trust or ued'aed ro tAe principol of tAe loow, b poy soid iwwro~p. wa~s, oed oaseasweeb and sholl be opplied ow tlK popwewt tirr~ol wlKn dw. Mr eac~ss Iwld in hwt bp Morl9ope~ when soid (oon a poid iw (rll sAoll bs poid M Mortpayor, or his ~ ossigns, or persoed rep~esentofives. In tlw e~eM of a delavlt w foreclosure, soid wes 6eld in trvft wwr be opplied ow wr cosls ol doww9et susroined in ~ co~nectioe writ6 tl~e cdlection of N~e note secured Ae~ebr vrhHhe~ br frit, foredowr~, w otherwiu_ Morqopee ~oy (ro~ tiw~ ro tiiwe ot ih option ~uive, g~-. ond oher onr srcA w01~/H. reinstot~ ony or dl provisiows IKreol req~irin9 sucl~ deposip, bp wotic~ 1o Mortyayw in ~ritiw9. Whik unr svch woirer is in ~ effect, Mortpoypr sAdl pap roats, ossessw~enh ond inwronce premioiws os herein dsewhere prerided. ~ ~ ~ ~ r ~ IN WITNESS W.~EREOF, rM u~d Mortpayw he~w~ro Nb hi~ h~nd ae~d s~d ~his eM d~y u~d y~ar fint abovr wrin~n. S:p~ed. ~~ded and del~~n.ed ~ -r ~.~'~l ,n the peaeM~ of: • ~ c=_ ~ " I _ M- - - ~5'Al) - ' D OTHEA H. MEIN~ 1/ /1 . ~~~-G~ , . • . . . . ~ ~ 60~K~9S FACE~,~~