HomeMy WebLinkAbout0993 . ~
ii. ii ~f :
K•~.:»r t~t~r~~ ta w~ rre~wr~l~ 1~II~r ~id ~.i~hi¦ ~~n d~„ ~t:i dte~ fIN ~
an~e s~rK~ll~ dwe ~nd p~~~41r. w il ~~~b ~ed ~~rry the ~ti~wlatie~, ~It~crwfe~~ conJ~~ies~ ~nd teree~nu ~i wii ~rw~ia ' :
~ aM~ ~~d ~hi• der~l. w ti~AK. •e~ Mt dul~ ~fur~+l. eanplird ~ith .ad •bi~kd 6r. ~he ~ptnR~~e wa~ ~ntaerd i~ ~a~
. p~iwnr wM~ ~hrw ttw~~i~inR uepaid. ~NM M~~~r+1 Kero'd t~ 1b~t tia~. Md dl ~nenrr ~ec~~ed 1?rnh~. ~h~ll bec~ dw
.~e ~.y.t~t~ (Mlh~ri~A. w 1hn~~1~K. ~t IIk epti~ sl wid At~?1~~~er, a~ fnllr u?d ~eu~pl~~~l~ ft ~11 et the wld w~
,ws~~~ ~iRi~.ll~ s~irdl•~rd a IK p.id ea .urh .1~~. ~e~~1~ieR 1~ ~id ~s K M lha ~uerlpRe Is ths tenlnq? ~otMi~ANS~ ' .
inR: ~nd UK~ru~r~w e~ UKndt~~. N Ibe sptia~ ot uid N1e~1~Rrs. wi~lwyt Mtie~ N deAU~d. wN at law ~t i~ eQei~~ wq be Nw•
ec~ted a il dl m~ep ~eern~d IKteb~ INd muared priK N!t~ Mwit~liM.
114. \i~rtRap?r wilt eshil~it ~s Itta~R~~tK ~iuee reeeipu establi~i+~R pa~t o/ aa~ weu ?equind te be p~ld ~nJet ~sy .
wperio? ~us?lca~ n~ a~l?rr lirn ohli~~~in4, ~s luer Ibu~ tiw iSl ~r prier N lbe tin~e th~t uetka~ion d wcl~ wperix a~ertpp .
K lie~ ~~wld Ir ~kcl~red tot ~on•Ml~ne~t there~t.
lt. Tl~e ~MtrKt et tilk erreri~~ tbt taeo+sbeeea Preoettr ~~11 beles~ 1~ aad tem~iu i~ the pes+e~ien the Ma~t~ke~
drrin~ tAe lies eI ~6i~ 1?I~ti~ta~a .
llt. Tl~~t it ia li~e iateM t~vwi i~ eerute p~~rm~wt oi ~aid :aa aLs~~;`iiaa s`~ !~z !4 ~!i.-t e!~uw! *1.~1! l~~vR Iwe~ •
- ad.anecd ~s the 1?laMR~~or ~he da~e hrr«+1. or ~1 • later date. and te ~eeure ~ur other amo~nt er ~mounl~ Ih~t mar be addca •
the mort~t~Re indrbtedaeas under 1he ic~as of t6is iastramen~. The ~a~l ~mount et iedebtedaeas Ke~?ed hereb~ m~~ da -
ere~•e ~r in a~e~ t'me to tin~e. ~nt the toul rap~id b~lann ~O KtYKd at anr m~e ~ime ~I~al) n~ e:eced tbe Princiyal '
a~ni et i 1~~~ ~ „ , piw interest tl~eoa and ~4~ di~bunra~ent~ eude !or the ya~nnent et ta:a,
le+~es er in~nranee .w ihe rrorenr c.~snd br ~he 1~~ ot ~hi~ ~nor~~•~. •ith interest ~hereoe: aed ~Ais e?onR~Re shd) ~ee~n
~ay ~nd dl ~dditiaual at tanhrr ~aonics whieh mar be .d..peed by 1?to~~R.~ee t~ ~he 111onR~Ror ~Ge~ the date huee% wbicb
lututt ~d~~ncea oI n~oeer. i1 rnade. ~h~ll be eri~lerced br a~o~e ar naes ~ae~cwcd b~ tbe Aforts~~ot to ~he UfonR~see be~rin~
w~b r~~e ot inteRit ~nd ~ri~h su~h m~~ari~ies as rhall be dettrmined (raa time to time. Iwt ~nr and ~11 wch (ut~re ~d~~~ta
~ecwnd b~ ~his nwrtR~Re ahall bs en~de not more thae tae (101 pean ~tte~ the date bercet No~hin~ I+erein cau~ined si~dl bt '
. deemed n ebli~~tioe os the put of the 1liottR~tcte t~ ~aake a~r l~~ere ~drseces, .
19. That is t[M ereat the premisa herrb~ wortRtRed e? anr p~ri tl+e?eof. shall be eondeiuned and t~keu io? publie at .
•nder tbe power ef t~ninent danain. t6e Uton~.Ree ahall h•.e the tiRht lo daaand that al! dam~~es ar~rded (e~ tlee takias
~t dan~~a to said prr~niaes ~h~ll be p~id le the ~1ott6aRee. its wcces~en et wi~a~. ~o q tbe ~nt thcw ~ap~id e~ thts ~
wat~~Re a~d ma~ be ~pplied ~po~ the pa~nnent or payseets la~t pa~abk thetto~. - -
~'Q The 1?iertR~Ror ~hdl. ~ri~bin fi+e tSi d~~ f~ arittew de~aand br ~~e 1l~ert~aRre. eierute fe web lonA as alNll
be t~~quircd b~ the ~1nrt~t~~ee. an es~oppel cettific~te ~nd w~irer oI dctenx~. dulr ~cknor.ledRed. eN1in~ toMh lhe anwu~t eI L
- prinripal and interest unp~id hereunder aad 1he Rener~l u~~w et wi~ ~uort~~Fe. ib1l lRC ~iilYft O~ iTiE ~=Oitj~~OF !8 i:i~g iR~
deli.r~ nid eateppel etrtilic~te ~nd w~irer e( delrn~e~s ~?ithin the time don~aid ~?a11 esnai~u~e ~ d'lault and a breael~ oI ttiis
a~at~a~s and ~ball rntitled ihe bolder 6eree( t~ derl~?e all el ~he nnp~id p~incipd bd~nee uaa~edi.eely dne ana pq~ble. :
?l. It is sperilie~llr aRretd th~t time is ef tbe e~cnce of this eontr~et ~nd th~t ae ~.airer o( ~nr obliR~tio~ heKUadet K
.t ~he ebl~R.~as see.red heRbr .L..11 u aay ~ime lhere.Ger be held be • wainr ot the tetan hereet er et ths iast~newt
ae~eed hereb~ .
~ it i~ undentood ~nd ~~ced that t6e MortReRce ~n~~ at anY time. wi~hout notire to ~n~ pec•oa. tnnt to t6e 111ottRa~sr
aeT modi(ic~tion ot .nr k~Rd nr ealure Mhit~rer. or dloK an~ ehan6e or thanRp. subslitntioa or suMtitutiort~ o( anr o~ ~he
?roP~T dr+c'ribed in this mortRa~e or aeY wher collatenl whicd mar be held b~ the AtortRaRee wi~hout in an~ mannet at(eet-
iuR the liabilit~ ot the 11ton6~Rot. ~nr eadorsees ot the indebtedneas 6ereby seenred or ~n~ aher person. (or the paraent o! taid
indeMednes~ toEttliet tri~h initre~t ~nd ~n~ o~her sums ~rhi~6 auY be due and pa~~ble 10 1he AtortRa~ee. and also without iw ~ar
s4anntt •((tclinR ot impairins the lieA o( this nart6a6e rpon tl~e rr~esindu ot the propertr and othet eolluenl ahicb is ~ot
clwnFed or substituted: •nd it is also andentood aed •Rceed tiut the 1ltort6~6ee a~a~ at ~n~ time. witMwt nwiee eo awr pec
~ae. rrlcase anr p~ion ot the propen~ deseribed ia tha moctR~~e or an~ wher eollatenl. o~ ~y portan ot w~ wher ul- ~
lataal •6ich ma~ be held as seturi~r fer t6e pa~nnent of ehe i~dcbtedae~s hereb~ ~een~ed. either aith or witAo~t ur eonsidera.
tion (or mch teka.se or rekase~. v.i~hout ia ~nr manaer d(ectin6 the liabilit~ o( ihe 1ltort6a6or. all tsdorxrs~ iJ anr. aad all .
~ _ ether pe~ons sho are ~t ahall be liabk for the p~pn~eat o( s~id indeMedne», ~nd witbout dtectia~. di~tarbinR or impairia~ h
~111 e1~R11tf Mll~llpltt[ 1IIE ~aliditp ~ad prioritr ei ~he lien of tha ao~tpae Ior tbe full aeo~nt ot the indcbtedaas ~em~ieiu~
~wpaid. to~d6et Mith dl iotcrest and adnACe~ which shail •beeome WT+bIG rpas tLe entire remainder of tAC ~pi~ A++P~
eet~ •l~icb ia ~~elased. awd witbart i~ anr afaner ~f(ectie~ er uap~iri~ t~ aa~ eueM w6u~oe~er ~a~ ~~U otbet alluenl
«c~m~ .Lki s.~ be raa b~ tL. l[.~+t.~ee. 4 i~ ai~tLiay •.aa.~.oa a.a ~d h th. ~[.rtp~or ..a ti. 1?(onpsea t~t
~ ~~w ~t ~skw~ ~ M~?~ tM 1(~t~ya wki~wt tM eMaat R yM~n1 ~f +q oe~w K Mn.s ~L~?
e+e~ . .
• y
\ ,
~ ~ ist . - ~
f .
1N R/~JgS w?HEREOF, ~e 1?t~ttp~x w tlN dnr ~ear tint ~b~.~ ~ritta. iw eseatd tl~as pre.e~t~ rwdet ~tal; .
~4'~~~ar~biM. bf ~ t~rwsM fr a.i~ uwMrira ~Ilken~ a~ aet ~i iee~ ~t ~M arpKa~i~, wh«~ ~a~a
~ I ~
~c~;w s~.t? •
. .
~ - ' ~ Universal Adams ~ Inc
A~qi tSall
~ .,~..~-.i -L~- •
' Stp~f;~' ?~i b ~ ~nae~c~ ~ ~ tSal1
, . (Sa11
15M1)
tSM11 •
i • -
- - , . (3~) '
-
• • - 0'R' ~ .
BOOK ~01, PACE 9~,
- _ a ~ ~ . . _ . _ _ _ _ 4 ~ .
~ :
~ _