Loading...
HomeMy WebLinkAbout2713 6. To pato.rn, ~omplY w.~A ~nd ~E.d~ bp ~ah ~nd ~v~ry ~~~q,4nory. ~rNmMtt. conda.ona ~nd covK+anh ~w ~~~d pro,o.~~wv Mr~ ~d dME ?N IaM. 7. 1/ ~ny ol ~M ~vew~ ol r~a+~Y Mr~in ~~lNr~d b b~ ro~ o.o~w~~Y Md a,~H o.~e w~M~n M~~tv l101 d~y~ +~s,~ ~ftM ?M s~..y ?~»r~uy Mcom~ d.H M+d wrabt~, a il ~~cA ~nd ~v~rY ~ly nip~lawm. +9rM~nh. cond~~aa. ww! cov~n~n?~ ol uid wan:uv?r eaN ~nd Mn monWp~. a•~~M.. w~ no~ du~r o«~arM4 caro:~~d wiM ~nd ~pid~d ey. ~M ~~p~q suen ena+e,on~d in ~~~d wo~n~sfwr ne~~ sAall McoeM dw ~nd paY~bir IwMw~M a tAM~ah« ~t tA~ opt~on o/ ~M Ma~q~qM. h+IN a~d cornpl~t~M a if Hid ~yyrp~n ~wn ol rnon~y wu a~~e~11y ~npul~t~d ro E~ p~:d on ~ucA d~y. ~w~nhinq ~n s~~d wwe~~sory no~~ a Mr~~n q iM convary nptvr~Mst~ndi~p. 6. To delivN ro wid 11AoreayN. oe a Edu~ M~rcA IStA o1 NcA wa. qa rec~~pb rrid~eK~np ~M p~y,.y~~ o( •11 ~~wfully ~rnpo»d u,» fa Nr a~c~d~np c~l~ndr y~a~, ro d~l~wr b Nid Mo.~9~9N. nc~:pn ~vid~nunq ~M Mrn~tnt of •ft li~n~ fw P~lic ~mpova.»nh wiMin n;nqv (90/ d~r~ afNr t!N ?arn~ J~all b+tow» dw w+d Wrie~. •~a a ar e. diaAup~ w~M:n MnNY (901 d~w aiw dw d~N. ~ny ~nd NI qevannw~al Iw~a r?y~ ~aq M nyd~ on Nw ma~0~9~d woornr. on M:~ matp~q~ w noN. a in ww orMr w„r ns~l~~nq haw el~ Ma?qp~ indebt~d~wss ~~ew~d bp M~s n.w~paq~: ~nd ~1 th~~ eondit~on p~ ~,p~ ewwpl~~d w~~A ~e,d pea fwnwd uid marp~~ n~aY pay iuch •wn a aw+a wAisA ~Aall bcowy p~n ot fh~ dM~ ucv~~d by ?Ai~ rnpe~, y~d ~1y11 bew in?Mw1 M~ r~N oi sia pN c~nl. 16%) vM Mu+ww. P+v~p~+ a~nd-~rw~11y until p~:d a uid Map~pM R.~Y ~IM N+~~ a~~d nwnqaq~ d~b~ ~~won Mcan~ dw ~nd Wy~EN fwMw1M. i 9. I? i~ twN~r eo.*n~msd ae~ ~yre~d ey said part~~s ~hat in ~M ~wnl of • sui~ inu~~vqd ro Ia~clou ~h;s w~wt ~ ~ooN ~t «hr ~c~ "9 W9~. ~M IMwep~y~e sMU E~ ~nK?I~d a . Wndinp ~ucA fonclww~ wif b tM cowt Mvino iw~~dict~on M~r~ol fa ~M ~ppo:nrm~n~ of ~~~aiw? 01 ~II ~nd a~np„I~r N» nw~fy~p~d pop~ty. ~ ~nd o/ ~11 ~M r~nM. incomtw polih. +ttw~ and r~vMwp 1Mrwf. frorn wA~»oewr sowc~ der~v~d: ~nd MNaipp~ i~ is A~r~by •~pff~ly cownant~d and prNd ~ ~M~ tM cowt s1~a11 }w~Awi~A ~pparu ~ ~K~iwr oi s~id ~nwp~p~d popa~y. ~11 ~nd ~~nqvl~.. and ol ~ucA r~nM. :ncan~~. aof~h. ~uu~s end reva,w Ny~w1, frww # wMaowp ~a+.n dMivrd. wi~h Nw u~wl par~n ~nd dutiti of nc~ivws in I~k~ u:~s: ~+d a~cA +ooo n?wism aMll M~d~ by ~+,cA ca,n • maN. ol ikcn r~pM b NN Monp~pN, iM ~uccww?~. ~eW~ nw~s~nutivw w ass~9m. and wi~Mut ~t}K~nc~ ro N» ad~ov+h~ a i~Ky d N» vdw ol Nw waW~*1r M.~br Twtp~pd. ; w ro tM wlv~ncv w inwlv~ncy of Nw Mor~p~qw. ~nd ~!+a~ ?~ch r~m, poHn. iao~. iuws w~ rwww~a ~MN b~ ~o0~i~d bt~ sucA r~c~~vs~ a M. oarme~? o! Me i ~+o?tq~p~ ied~b?sdr~s, eosb ~nd e?wpa, ~eead~nq w t1r adN d weA eowt. ~ 10. If ~ conv~y~ ~hwtd b~ nwd~ by eM Morppor ol Mu p~m:s« Mr~i~ dncriAed. or anY Wn Nr~w~. w~Mow tl+~ wr~nM+ conwn~ ol Nw Mor~9~Yw. ~nd vn~Aow Nsumpt:on in rpul~r faw of I~w Sy tM pr~n1N ot Nf~ opliq~tion q M• Mw+y~pN cr~Nd by ~aid pawiswry noN ~nd Mis wiwp~y~. N~.. ~nd ia N,~~ ~vwN. u~d tl Nw oD~ion ol fM MwtW9N. ~nd wi~l+w~ no~K~. ~11 swea o! rnawy s~evr~d I+e~eby sA+ll in~di~»N ~nd conewr~ntty wiM s~rcA conveysnc~ ~conw aw ~nd P+r~b1~ M+d in ddwb. 11. TMe in ~M ~vent ~M D~emi~~s Mr~by mwtW9~d, or Mr Mrt MM~of, sh~ll E~ conde,mt~ and Nk~n for W+Wie vN w~d~? N» pow~+ of ~n~nt do~n~~n, e!w Mortp~q» sAatl Mvr Nw riqM ~o dwnMd dy~ ~II d~m~p~s aw~rd~d }w Ny ukinp ol a d.~.q~~ ~o ss~d p.ww~sp aA~11 E~ w~d a Nn lu~onq.y» vp ro+M ~nwunt tMn unp~id on th~s mw~q~q~ ~nd at fM op~ion o! tM Mw~p~q» nry b~ ppl, d uooe tM D+rm~nb laft payabb Mw~on. 12. TM ~no?~p~por binds Aims~lf not b~r~ct w vNmi~ ro!~ ence~d w+Y n~w buildnqs on tA~ M~~u Mnin nwr*p~p~d a to ~dd ro w pNin~t ro A~ ~dded ro~ey of tM •ai~~~nq i~nprov~rn~nb d+uwn a rnit~ any chanp„ w~thw~~ons in u~d irnp.ovem~nts w~~ch ny?er:alh ~?u~9~ N+~ sa+*~ or M~ vs~ Mrwf, w~Mou~ tM w?itt~n eon~~n~ of fM Mw~paqN. and in IM tv~M of ~ny vidation p~ ~n~enot ro viol~t~ Mis ~tipvl~~ian Mi~ ~nortp~q~ ~nd ~il sum> >~ew~d Mr~~y sMll ~,n. m~di.~.y e.cwe. dw a+e ca~«r,ea ~h. op+~a, oi ~n. Mo.~y.p... 1~. It ia w~cifKally ~qr~ N.~~ fi~ i~ of rha ~~s~nc~ oi N,i~ coror~c~ and ~M~ ~o w~ivsr of ~nY ab:~~tion AKwndu or of Mw oElip~np, yKVred Mr~br ~Fsll a~ anr ~im~ D~ Mld fo b~ • w~iwr oi tM ?«rm hsr~of o~ of H+~ ~mtrwnem secw~d hK~by. 1!. H fa~closw~ woc~ed~~ps of ~nY wcond nwrty~D~ or a~cond trvst d~~d or any jun~o~ I~e~ of any kind iho~ld M~mtitu»d, f!w AAw~Qa~e~ m~y. N in opnon, ir~d~aNly a ~Mr~~lrer dKlN~ th~s nw.fpp~ a~d th~ ~rd~p~idMSS sec~r~d 1»r~by d,» ~r,d p~r~b1~ iaMw;fA, and s~y ~~s op~~on P'oc~+d to iwectc~~ ~h~s mortp~p~- 13. To tM •anrn of ~M indrbt~An~a~ of eM Morfp~qor b My 1Mertpape~ dncr~bed Mr~~n a sec~r~d h~.~by Hw Mw~ppee h R~r~Er wb~o9a~~d ro rM t~~n or I~ans ~nd ro Nw riyh» of ~h~ own~rs +nd holder~ fhereof of i~cA snd ~wry mweqage I~en a a1+N incwne~~nc~ p~ ~ I~nd dyc.;~d I,~r~;n wA;ch is w~d «+diw satisfi~d in whol~ or in put ove of fh~ proceedi of ~h~ lo~n destr~~d Aer~~~ w s~cu.ed Mrebv. Md tlv reap~ctiw I.tm of said ~narq~yes. I.tns a aher ~ncvmbtancea aMll b~ ~nd tM. wr.~ a~d wch of tM/n Aer~by is paerved snd sMll pasf to •nd b~ Mld ~r Nw Mor~yaqe~ lyr~in y sKUriy fq flr .ndepNdn~~s to ~M Ma?paqN I+srtin dncriD~d w her~by stcured. ro M~ san+~ e¦t~nr ~Iw~ if wo~ld Mw besn peaer.W snd wwtd haw bsen p~a~~ w and bMn hetd by tM Ma~p~pN A~d er Deen d~+h +~d +~WW~+?!y as~;pn~d, n~nsf~rr~d, sN owr and del~vered u~b tM Mat9aye~ bY s~pars~~ dnd of ~aiiqnm~nt norw~rMr~nd~nq tM fx~ Ma* tM s~rrr may be aae~~f:ed ~nd unc~ll~d oi r~cpd. be~ny tAe intMnon of Mw p~rties Ae~NO tM~ tA• sam~ w~ll be siKfl~ed and c~ncdled of rKad ~y N+~ Aolden tMrbt N or abw~ ~M ~~~ne of tM recadny o1 ~Ma morrqay~, 16. io Oar •If •nd s~~q~,.la~ rnt cosn. cnarqes anA e.ptoses. :nc~~d~~q la,,.rerl (ers. .ea.onaDt~ ~ne~rred a Da.d ary r,me bv ~h~ Mo.rqay~ee oeca_se e/ ~he fe :~~.c e~ rhe Morrqaqo. ro oe,form. comp~r w.>~ ~nd ~b:de by eKh a~d r.ery rhe s~~o..la~~o~s. aqreem~nq. conOmoro. and covenams of s~~d D~om.sfory nor~ a~d •h.l eeed o~ e~+~e~. end e~ery s„ch Dar~^t~~s a~a~~ bea. ~.~~~rea~ Irpm dare af ~~e .~re p.ov~ded sa~d o~orn.ssay nore 17. Wh~n ~ny ~,wqx~t of n~pery b b~ p~id Ay Mw AAorfp~qp~ fo 1M MptqayN ued~~ fM MrRq h~rpf ~?yll p~ in d~i~ult, w should M~ Morrq~pw d~f~vlt in any of ~h~ utMr ter~, povisions o? cond~tipn~ of this Mwtq~~, then and in fh~r us~ the Mortp~ye~ slyl) !uw tM r~pht, without ~o~~c~ to rF~ Mo.~q~yp. ~o cotlK~ and .~:eiw f~oen ~nY Mrynt a Ipse~ of Hid mortq~q~d p~~mis~s Nw ren», is~uts and pof~rs of eM ~wl ~sr~q Aer~by n+preqaq~d ~nd tM ~mpove1nenn r~erea+. ~nd w qiw wowr rac~ipn ard acOUin~ncts tMr~fa. ~nd afte~ psYiny •11 comm~~s~ens of ~nY r~~t~l pent coltect;ny tM sim~, a„d ~ny r~asw,abN ~~eamy's fees +ne other nec~asary ~ap~nsp incwr~d ~n coltMinq wwy, ro~pply ~M proceeds ot svcA collectiorrs vppn ~ny ind~Dqdneu, obl;ya~ion a I~~pi1~M, o! tM . Mo.fq~qw hereund~r. U~ reyht qr~nted tAe Mortyp~~ ynd~~ Ihis WrprapA sMli M in addt~on ro, and sMU not Iunif a rqlrict. ~y othK r~qht a npAy qr~med rM Morfq~q~ in Mu Mur~p~y~- lE. If th~ A~ary~y~ws a~ ~he ~~m~ ol meki~p thMa Morepap~ a subs~p+w~t tA~rNO ?~k• o~,t IA~ insw~nc~ deaiqn~~ieq ~F» Nbr~9ape~ A~rs~n u ben~}ici~ry w~~h a ~o~w+~Y NWOVed by ~M Morep~yN a~sf~9^~ Del~u~s to tM Mw~q~yN fa ~h~ w+?DUS~ o! uc~r~ny fAs mortp~q~ lo~n Aereby secwd, ehM tA~ Mor?qaqee dyl! have the riyAt to paY +rW w«niu~n ~tcr~iny und~r s~id polKip. ~nd ~tl iuina so eap~nd~d sAall be ~dd~d to ~nd b~can~ • p~r~ o} Nw pinciwl ie~debtedn~~s a~cwed bY Mis Matpaq~ ~nd ahatl E~ p~id by M~ Moetq~ya to tM Mortq~pee ~n tw~lw eqwl conucu~~ve mon~hly insullmenb. ~A~ fint ma+Mly in~ul~m~nt to M paid ~s • oart of end i~ addir;on to fl~ mp~~hlr WY~~~ dw under tAis Mortyay~ in tM I~rst c~lse~dar mon~h foilowinq tM ?ipendiny of s~id su~n. S~ch w'ns so •,p~~d +o be~r ~ntH~st ~t tIK r~t~ at wh~cA mrnn~ is Wy~W~ vpon uid p.mc~w~ indtbt~dnqs ~nd tA~ Le~ of M~a Morlq~p~ shsll erknd ~o ~~d sec~rt tAe l4Tf so c~pended ~ogarh~r wi~h enterqt ~Mreon u Aer~~n~e/u~ provid~d. 19. Thof Wy~Nw vrith ond ie odditiow b tM ~oatMr poYiaent ol p~incipol oad intereat poyoble u~r tht Mr~s of rb. noa ,~c~,ed 1~enbr. Mort9oyor sholl por to INortQop~e eoch wontb vwN soid not~ is l~Ih poid, wK-h,rdllh (1./ 14) of a w~ pud to ~M meual prewi~~ dw for iire. tx?ended co.eroQe, ond ot6er Ao:ord insuronc~ coverin9 NK wwt9optd properfy, plus toaes ond oase?a~nb atat dw ow M~e ~ort~ped p~ope~l~r (dl m eatiwoted bp Mw~yog~e) lea all wws olr~ody poid tAerefw. oed b b~ di~ided 6p th~ nuebe~ ol wonMt ro dops~ p~ior ~o tA~ dot~ wl~ sYCA toat~ ond osa~~sweeh shoU brcon~e d~linqwnt. Soid sr~s sAd~ b~ I~Id bp Mo?f9opN iw tr~st w uedited b tM priwcipol vf tbe (oow, b pop wid iwwrouc~, io:~s. ond osstsuw~nb o~d shall be applied ow tl~e porwwt tMr~of when dw. Mr eac~ss Mld in tnrst bp µurtqopK ~rhen soid bon et poid iw /uH sho(1 be poid b Mortyqpr, or I~ia o~siynt, w personal r~p?~unMtim. lw t!» srent ol o dtfo~h w(oreclos~re, aoid s~~s held i~ trust ~wp be applied oa wr co~h oi da~o9es wswined in connection voith the cdl~dioe_ oi t6e not~ sKdr~d IKreby ob~tber br suit, for~clowr~, w oMerwise. Mwqayp ~wp frow fiw~ ro tiw~e o/ ih o~r~ion ~ro~ve. ond after ony sucM ~roiwr, r~ins/o~~ osr or oll pro~isioas htreof ~~qvuiny snch d~posits, br UpfK~ M JNwtyoper aw ~ritiwQ. Whi1e onr such ro:+~r is in effecf, Mortpoqor slwll poy roi~s, osse~sa~enh ond inturonte prew~i~~s os M~ein elserrhe~~ prerided. iN WITNESS W.IEREOF, tM s~id Mw~pa9or Mrwnro Nn h4 Awd ~nd s~~i ~hi~ tM d~~ sne yNr fint ~bow wnn~n. Sqrted, i~~led ~nd det~.r~.sd _ . - (SfAt) ~n ~M w~aenc~ ot: . . E S . C.4-'Lt~f~l.C/ L--/~~-?~'It'~E~ ANNE CHAMBERS - - - ~ _ ts_ni~ _ _ ti t~/ - _ ~n,~? . a. . . , . . aao~c~~