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Home My WebLink About0245 ! •1 . r~ ; or che ~aort~asae eeco~,,. Jmunea~ateb aue and p.,yable. .vtMouc noctce, ana psooeedl„~s auy be ~nattutedt b~? th~ ~[orc- ~a~ee ior t1~e recovse~r tMreot by Loreelo~sur~ o[ Ws Mortp~e. or W aqy otl~sr auoner p~r~dttb b~r 4w ~t tbe I[ort- tny Nect. ae~thin~ la tM aot~ ot tn LAb l~tarti~ aoutalt~ed to tD~ oontsar~? t~r~to noraftAf4odta~. Up0~ to~re- ciosure ot tbls ~[O~~jl. t1N ~[0i~i~!! ib~ll bf ~o7~ld M t pal~ C~ tlle ~!Qlbtldtllr ~lCll~d MT~DY. ~Id UM ~[OSt• =t~ to pap. all oosfi and e~s fncurred in ooiuNCtbn tlusw?1tA. ladudtn~ reaso~uiblt att~rn~a he~ oat ot tlUe and tax aerrch aad tb~ ~ to datt at ae~ ~bdr~ct oi tltle or tlW Polt4: and ln ast auh tor~dowre proceed- ln~s ~re ~ettled before the cooaiannaatbn thereoi or tbe entry oi ~ud~nR, ae~? such oosb ~ad expenses ufd otl+~oer cbss~ea w lacurred. inctudlni • n~uoo~bl~ attorae~?'a fee. ~a11 aevertheler be patd 1Ls Yort~a~ee or atiqr parRy in 1n- tei'est. bMn~ •the hltMd bld8tr. aW? bs a purch~we at atq loreclowre s~h. My elacUaa by tM ~[ozt~a~ ~s brein pro- vlded for any De pcercded imm~lat~b ~ d~trwil~ ae at a~? tlme thereatter. and notAins sA~tl be ao~nsWed to be a Mort~a~or viralves~all rl~ht owt~bo~?ad~a~~id and~ tranted b7 tbe t(~onstttutlo~ind I.awa otrFlodda.ort~~ee. ~Ue AND TAE MORI~GAGOR FURTHER ~NVSNANTS AND AGRERS: 1. To pqr the prlndQal lndebtedaers wrlth lnteraR as in the aots provlded To p~y a~antN~ unto tM ldort~a~. in addiUon to and at the tlme aad pl~oe tor cacb p~aent oi prlndpal and lnterat. an installment o[ au~ at tM lollow- tn8 chsrges. (a) T~uces aad assesonents. Qenerai or apedal. aad sU other chas~es levkd or to be lrvled ~ainst ~he prrmisea. (b) Prem[ums to beco~c?e due and pa~able iar. and Lo reaew. the fnsurance on the Prembes a~atntt los~ b~r nre and such other ha~ae~, caswltles aad oonf~andes it .hetain pzovided ior .or required from time ts tln~ - The amount at the reapective moath~q instaWnents tl~W be cquai to the amount ot the annwl respe~tive c6ar~e next due (as eWmated bp tDe Martsasee). les ~11 instalLneats alreu~? WW therefor, divlded b~ tbe numbrt a[ a~thly 1n- stWments t~eretoe beaomiaR dw not Lter tb~n one month p~or to tLe du~ date o! W sueh N~ and sha11 be s~tb- ~ect to increase oe dec~wse W the e~tttnt rpuirsd W ersate as oi a mo~tdb? p~yment ~ate aa tb~ t~ote not leu tAae one month prlor to the due d~te ot ~r at~h char~e. aa-.amwtnt_suQlr~eat.lor th~ ~metat tbereoi wbea dne amd pq~ble. In no event ahall tbe Mort~seea~i~toel~rln~ auci? p~ymeat be ItaWe far aq~r lnterest on any lunount pald to 1t ~s hes+Nn reciuired. and tAe money so reoeived n~? be beld with 1ts awn tunds pendlns p„yment or a~tba tLersot as lkrein pravlded. 11?e Mortsa~or sbW inrntsb unto the ltortaajee +~t le~st stte~a dprs betore the due d~te aa o~cW sfatement oi the an~ount d au~ tazes or at~aanents twtt dua aod sach 3[o=t~ s~aD py? tae ~bav~ cbar~es to tbt ~nwunt o[ tha thea unused crsdit t~retor as and whe:? tbe~ beoom~ ~rveral4 dw and pqaWe. The Moet~agee m~?. at i4 optbn. W~? anY of sadt char~ wtkn py~We. ~tber bdore oe aiter ti~ ar~ deW~queat, wttdout notloe. or malce advanoes a11~ OPAy~l! ~~01'~~jCQ ~ i~liut bA ~lC~l!'!11 pi'~M'~~ q1IR IIf1~lPt ~I~i ~111II1!!1L SiR1! nte of interest fmm dste oi a~dvanoement as the Qrlndpal ladebtMne~s. /1n oIDclal noelpt tberefor sball be oonclvdve evldence ot such ~t and a[ tAe validiq? o[ anCII char`ea Tl~e ldortpsee aw aPPb ccedi4 held by it tor the above charges, or any part thereoi. as~ aa:ount oi u~ deltnqueat ind~limeab oi p~rtndp~l or interest or any other p~yments matudn~ or due under lhis fnstrumwt asW t1~e amount ot credit e~dsttns at anY tlme shall be reduced by tLe amoant prope~ shall w~itho~t a~d~eat ~ iaur~~t beaeAt~wcoeawr awmr a~at~ properRy a~tball bee Pplied nnder and subject to all oi the provWons hereoL Upon tbe pe~yment in full ot the lndebtedne~s, the amount ot any umised cndit s1?sll be applied to Ute pa~ymmt tbereoL Tlie Mongagee aW? odlect a'7ate charge" not to exoeed Lour cents (~c) for each one dollar (i1.00) ot each monttily ; ~OiLiilDlEaL piyA~lRL !lQUI1'E'a 0~ Ul! DOt! ~ilfl 11La!!' ~Ii MOttgB$! NhlCll Is Iri01^! lh~A ~ft!!n ~L~) ~ys 11l aTtCaPS~ t0 caver the extra espense involved in b~ndHng delinquent pwyments. 2 To p~y~ when psyabSe. all taxea and asra~taients. ~eneral ot specW, water rents an~d ~rou~W r~nts aad W ot6er ln~~rG a~W wlll p kWed u~po~.liv~er ~cla r~ ~t ~ Pmvidon for which has not been made here- P ~+~5~: to like~vise pay +ull tauet, ~b and otAer clur~a~, lrvltd upon or as~sseii, pissed or m~de agsinst tDL iwiivmen~ or the toatbtadne~r or sq~r faLere~t oi the Mortgagee ia tbe premisea or tbe obllgatlaos secured herebY. Provided- tbat tbe p~ym~t ot aoy s~uh tax aaseas- anent or chae~e by the Mort~agor L aot co~tnry to law or woula not reault !n tt~e p~ymeat oi m w~awtnl rate oi fnter- est on the indebtedae~ hereby secut+ed. Tn the event ot the pa~ss~e after tlie date ot tWs fmtrument ot any Lw o! the 3tate. or subd[vWoa ther~of. wherefn tt?e premises are dtuated. ccre~ting or proWding for eulY ta~t. a~nent or charge wblch by the abave pravlao 1s not to be paid by the MortgaYor. the indebtedness secnred hereby to~ethex wrlth mter~ due thenbn. sha11. at t6e opUon ot the Mortsagee. Decome imnaedfately due ~ad paYSb1~ an¢ in th~ e~t pqment tben- oi is not m~de forthwlth. the MortHa~ee maY take or cause to be talcea wch actbn or Qrooeedin~ as a~Y be taken here- under tn tIIe c~ue oi any other detault fn L~e paqment oi Lhe indebtedaess. 3. To reep tLe buildings and addltions thereto on or bereaiter erected or placed upon the lend ina~red a~ainst loas by Hre and auch other hasaMs. cawalUes and ooaUn6~. lncludin~ war dama~es K et a~y time a stat~ o! w~ar e~dsts or it appean W the holder ot the nete that war is imminent~ and la such amounts aad for such Perlods. as me~y be required imm time to tla4e by the Mortgagee, end to PaY P~PVY when due alt premiums ua such lnsurance. ProvWon for pay- ment of which h~s not beea made hereinbefore. TLe polides oi inwrance s~uiII have lao p~ysble provWons tLe Mort aocePtabie to gages aod sball be delivaered to sad bdd by tbe l~ort~a~ea or as 1t m~Y dlreM. until tWs l~[ort~a~e b ptidled. Renrwal polides a[ fnsuranoq premlums for svhich have been Iully paid~ are to be l~trnlahed to tAe l[ort~a~ee at le~uR ntteea days Parlor to tLe expirwUoe date oi tbe k~a~x tbereb~r rst~e~?ed. TL~ iosurmoe ~ahaIi bs wrltten in oo~upanles appmvrd by tbe Mort~ee: ln no event ~all th~ Mort~a~ee be hdd re~pomdble ior Lilnre to pq !oe aqy iasur~noe wrEttea or for loas or damage groroving out ot s defect in any poilqr or gm~wins ont o[ oompany to pay for any loas or damage insund a~atnat. In tlie event ot lo~ the Mo rt~a~or ahall ~Ive imme~iate aotlce by mall to the Ma~tgagee who meU? make prooi ot laa lt not made promPW~ b~ tl~e MortQa~or: eacs lnsuranoe company ooneerned b.lrereby authorised and directed to make payment for Was direcUy to tLe Mo ~i ~or and the Mort~ee ~o1nt1Y. • the fasuranee proceedR or an~? Part t4ereof, mqy M a~bY tbe Mo~rtY+~ee. at~lta ; option. to tLe expenxs, ii aqY. iacurred by it in tbe collection thereol, to t2~e reduction oi the indebtedaa~ 6ereby se- ; cured. to the rdRonUon or repair o[ the P~PeKY or relea~ed to tLe ldort~or ~vttt~ont ]labilliq upan tbe Mort- ~ eagee for wch rdeasa All polides of lnwrance are hereb~? a~si~ned to the D[ort~ee as ~?dditio~l seeudt~r ior tbe pqr- ~ ment ~ the sums and lnterest secured herebY: in tLe eveat ot foreclasure oi tWs Yortp~e ar oth~r ~ a[ tlW to tt~e i Pnmises in ez~t of tbe indebtMnqr. all rl~D~ tltle and interest ot tbe Moct~or 1n ~nd to any 1n~wirmoe Polides then in torce shtli pas to the pan~haser or erantee. ~ 4. To oo~aplete a?1tWn a reasoa~able tlme any building orbuildtn~,s now or wt anq tlme in tbe pewoeas oi erection upoa t6e land and to prumP~b~ repatr. nsWre or rebuild anY buiWin~ o9r improvemenb now or bereatter on tbe Lad wbfcb my? beooa~ d~mt~ed oe be datroyed. and uot oo~nmlt or permtt !o be 8on~ oe e~d~t oa o~ about tbe premdes aqytbin~ whereby tLe pre~ntses shsll beoome ler valuabk; to oanply ariW sll Lws. rutes. re~ylaUans. or ordiaaaoes of aip' ~OVe'ne- ~ mental age~ncp and not v~late or pernaft tbe vfotaUai as to the premtses d aq1? 6~il~,~Os ae use restrictioa~; co keep tee land and improvaneats thereon iree trom mecl?anic's aM materWa?en's 11e~ns and will not s~er aqp tka wperbe to the lien created bp thb tnsWaxat W attach to or be eatoi+oed +~gainst the premi~et S. It detautt be made W the p~a,rment oi taxer.. aa~a~nent~. llea~, cWaa. inwranet pranlums or say other charge wAatwfvrr. or a~q? P~ ~ or in tlre perLormanae o[ anY act. to be paid or pertormed b7 the l~ozti+sa' ~ader tbe pro~~o~s hereot. tbe 1[o~tp~ee mq. ~t its opti~. m~ke p~ya~nt thereoi or Pertorm a~p? act required d tAe ltort~o~ tn aap iorm or manner deasned expedfaat and p~y aepr othrr wm that 1s neoe~ar~r to protect tbe s~atrlty o[ tnis fasW , ment: tLe unoqnb so pa{d, wlth fnterat tbereoa iroin tbe dste oi such pyrment at t6e srme rat~ u bocae b~ tbe prln- ; dPV ~ s~all be asea~ed as an addltlonat llen a? the premf~es and shall be add~d to aod b~oo~ae t p~rt o[ tbe ; ladeDtedae~s ~eeuiM LereD~ and be immRdiatet~r du~ atd~~b4 to th~ Mortpsee. Aq~ P~q?~ent Mreb~ ~?utAoefasd to be m~de b7 ~~~e in4 bt ~n~de +~ooordlns to W ou1. statement estimate l~urad6b ot pe~oearsd t[Om tM a~ppro- f W'~ate PubUC o~foe ae ffie part~ eLirnfas PrU~t wltaont faqnir~r lnto tbe ~o~vsa~? oe ~R~ tbt='~ aod tD~ rsodpt o[ ; •w w~11c o~lpr or parbr m tl,e nands ot we l[oetp~s. ab.u b~ ooncludve evsamoe a ta..a1W~ ana aa~onet a[ item. ' w Pvd: the I[oet~atee alwti, at its opUoq De snbro~ated to an~? eacnmbn~aoe, 1h4 Nstn~ ae d~as~o~d„ aod to ~tl ib~ rf~Aa i ~nd ~ecurltla foe th~ plVina~t tbe:eo~ paW oe dfscharl~ed w1tA the prloclpai snm a~nnd ~ a b~ t~ j ~ tt~ P~Mom b~reor. ~ad any udi w~bioptlod rf~6ts at~ll be ~d8itloo~l ~nd camulatM ~lq? to tWs Yort- ~ . ' ~ . ~ ~ ~ ~45 3.. . _ ~ ~