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Home My WebLink About0680 a t1w Most~~ Mooak fnua~elat~b? Qu~ aMp~rab~ wttbout notla. aad De+ooeadlaP aW? b~ iastituted b~? t!~ l~[aet- psK tor tbt troovtnr tl~et+~o~ b~? fayclo~w~n a[ t,bb liortp~, ot tn atp otl~ec ananu~r ptndtt~d b~ law a tM l[ort- i~Mmyr WtAiot 1s tb~ aot~ oe ta Wb ~[ortsrp oont~Lo~ W tb~ ooatnr7? tl~tr~to notMttitaadibs. Upan fa+a clo~ar~ ot this tM ltoetpsw ab~ll b~ ~11owr4 r a yaet c[ tl~t b~debte~dw~s a~cur~d ber~b7, sM t4~ ldaet- i~t~ +t~ to pq, all oo~fi a~4 a~c~e~ws facurnd fa ooon~ctlop tMe+~w1tU. lndudit~ reiuon~bi~ att~oeney's t~e~. oost M tttlt aad tax ~t~cb aad tlr ~acfsmioa to 4~?t~ o[ ~n ab~tr~ct ~ titN ae UW OWfq: aad fa ow wtcA tatrdow~rt prcosed- Inp aeit ~tttbd belore tLs aowua~maUoo tba+so~ os tb~ entr7' ot ~u0p~wat, W auh oosts at~d ~ a~nd oth~r ch~r~ ~0 lncurerd. Mdndlat R r~on~blt attoe~~'s t~. ~Aari ~av~rtMlw be pald. ?M ltoart~ee or aep part,~? tn tn- t~e~eat. bNr~ tbe bisM~t bfad~r. a44 b~ a pae+~wr d a~q? toe~scloar~ ade M~? dectJun Dy tl» ~[aefsa~er ar ba~ln pe~u- vfdsd ro: mqr b~ fxrrcrsa ~4td7 ~ 8danit, ae a anr tlm~ tMreatter. aad nothtns tbW bs ooat~aed to be . wdver o! such M~At ualas fvl0~noed b~ an i~tsu~aent !n wrttta~ to tbit efYect dnly ezeeuted ~ tba Yortp~ee. The Horttasot watws W rl~ht o! bomMtwd and ~wDlfon ~nataf p7? U?~ Oonrtltutloa aad Lavp o[ l7aid~. AND THE I~OR1YiA~Q1i lUlt1HBR OONVSNAI~I'1'B AND A(iREFS: W~Qitba t~o aad at tM ~~os e~eA parmtna~t ot prWcipu a~od iutet+~, an ~t e~ch d tl~e i~ollow~- int ciisr~e~sc (a) Tau~s aod aw~eat~. =w~tiat or ~pc~lal, ~ alt otLer c1~ar~es levkd or to be tev[ed ~aind tLe prrmi~es lb) Presnfuw to beoorn~ dw aad py?abL toe. aud to ra~ew. tt~e lnwssnoe oa tl~e Vrea+Les aplmt ]or bY ~^e and s~ vtMs bwrd~„ a~aultMs atW ooutln~ebs as 6erela pravidcd ior or reqWred lrum time to time. Tt?e ~a~onnt d tM r~setlw monthy? ~a~all~b sball be equal W the amouat oi tbe aaaual rapective c6ar~e ~xt due (as Mtfmated bp tM l[osts~e), ler aU lnstall~nts p~id tbere[or. dtvWM by tbe numb~r d moath~y ia- dalLnentr tA~loe broamlo~ aw not lsttr tLan oos month~~or to the dw datR oi a~qr anch ~ and ~b~ri M a~b- ject W 1ncr~w ae d~enw W Nw t~ct~nt ='qnired to eraate aa o! s monthy pyrment dab oo td not~ not kss t6sn oue moaW pria~ W tbe dw dat~ a[ aiq? ~h ~haRe. ~a amount wmdent tor tb~ pqmeat tbex~ea~f wben dw and payable. In no awnt aW W tbt l~ort~~ r~lvlnf ~ D~t be llabl~ tor atqc int~at. aa a~r anwnnt pald to k a fiereta rpnle~ed. anA tl~t money io e+eoe[ved msy be held witl~ 1ts o~wn tunds Peadins P~Um'?~n~ or aPDticaticn tLee+eot aoe Dee+eln pe+awWrd. Tbt ![ort~or aball tusa4b u~W the Mort~ee at least nftee~ dqrs before the due date aa aQfeltl atatement ot u,. ~mount a.ny wwes or a~a~ats ne~cc aua ~na sucn f[oet~..1Wt py? we abo~r~s ch.r`es to tw a~,wunt a tM tbtn untned cred[t therefor ~s ~tnd Mrlrea ther be~oomt rewrall~? dw and pq?abl~ Tbe l[ort~a~ee a~Y. at its opt{on, Day a~? ot wcb ~as~ea whea paribl~. eftl~tr bttore or att~r tM~ at+~ deWrq~~ wltliout notioe. os make ~dvances tls~t~efot 1R s7toyt o[ ths tlteti amonnt oi ct~e~6it foe' ~afd~at~ ~a. '1'Ne exaers amount a~dvnaoed si~atl be Lnmediate~r due sad to tLe ~[ortjasee arid sbalJ be ~ecarcd as aa addit~o~al prWdp~l ium under t1~L l~at and baar tbe same ~L nt~ lattr~st iran date ot pdvanoennent aa tUe prlndpal in8ebtedne~. As o~lcial reoMpt tberefor ahaU bs ooa~ludve rvldeuoe oi wch payment and oi the vWditr ol sueh charse~. 1Le ~[ortss~ee mU' ~DP~i' crcdfb l~eld b~r !t for t~ abave ma~ur as or~due~iuider thls instnunent ~and~the a~mount of credit ex~ a~ aar~t~u thall iu redu~ bp tLe ~n~ount tlureot P~ or applled aa herdn provlded. Tbe amount oi tde exlstin~ credtt hereunder at the tlme ot an~? trander M the P~D~Y shW writhout e~i~nment thereoi inura to the beneat ot tbe atoce~or owner ot tM Propert7 aad thall be apQlled und~r aad sub~ect to alt of the provldons hereoL Upon the p~ayma~t In tull ot !he lndebtednd~ the amount o! any untwd rardlt shall be applfed to the payment thereof. Tbt ~[ortp~ee may collect a"late charge" not W exceed four cents <4c1 for each one doUar <=1.00) of eacl~ moathty 1n~a~m~t p~+ment requfred on the note and under tNs Mortgage whlch Is moc+e than Stteen (28) days 1n arreus, to cov~s ttk extra expense involved tn Aandling delinquent paymena. Z. To p~y, when payable, ell taxes and assessments, general or special, water rents and ground reAts and W other char~a wtu?boever levled upon or assessed or placed against the premites, pmvision for wh1cA har not beat atede hese_ lattetare. ana wW proissptly e!ellver th~? otficial receipts therefor to the Mortgagee: to Wceqrbe p~y ~11 taxes, ~b and otlur cMr~a. levled upoa or assessed. placed or made against this Listru~t~ent, or the ind~btedneas pr ths Most~ee W the premiies or the obllgations secured herebY. P~~~ ~t tbe oi ment or char~e by the Mortgagor 1s not contrary to law or would not result !n the ~t est ot~ tbe fndebtedneas hereby secured. In the e~•ent oi the pas~a~e aiter the date oi~this t~instrument~ot~ State. or subdtvLd~ thereot~ wherein the premises are situate~l, creatia or mvldin for ~ 4~ S P ~ anY tax, aa~mknt os chas~e whtch by tLe abave prnvito b not to be paid by the Mortgagor, the lndebtednesa aecured h~eby tp~etber wiW lnterert due M~ ~ m~ad~ torthwith. the Mortgagee~m y take~ rmcause~to be alcert such ac~Uoa oli' and fn tbe eveat psya~ent tLeii,e- P~d~ ai assY be Wcen here- uader fa the ease oi aay other default in the payment of the indebtedness. 3. To kcep the butldingt and addittons thereto on or hereaiter erected or placeQ upon tlte ia~ faarM a~sinst 2ws by rire aad such other t~azards, easualties and contingemtes. tncluding war damages fi at any ttme a state oi ~vu exists or 1t appeut to the holder oi the note that v~r b immtnent~ and in such amounb an8 for such perlods, as tpay be nq~ imm time to ttme by the Mortgagee, and to pay promptly when due all remiums on such lnsurana ment oi which has not been made hereinbefore. Tl~e p . P~don lor pay- the Mortga~ee and ~hall be delivered to ar~d held by th ~Mor ot inwrance shW have loa~ payable provis~ons aooepta~k ~ t~s6ee. or as it msy_ dirsct, untit this 1~iort~e, b~attsSM. Renewal polfcla oi Insurance. Premiums for which have been lully Paid. ue to be furnlshM to tLe Most~~ee at lwt Sfteen days pslor to the explraUon date ot the irsurance thereby renewed. The faw~ranoe sf~tII be wrlttd~ fa eomp~nlp sppmved by the MortQagee; fn no event shail the Mortgagee be hdd responsib2e for fallare to psy for ~a,~? iasuranoe wrltten or !or any loss or danu~ge grow[ng out oi s defect in any polfcy or gr~rtns out of company to psy for any loa or damage insured a~ains~ In the event oi las the Mo ~~~n~ by mall to the Mort~egee who may make pmoi ot loss 1f not made pmmptly by the Mo~~r ~u g[ve lmmedlate notice rt8~r: eac1~ insnraoee oomipaay eoncerned 1s.hereby auWorized and dtrected to make payment for losa dicectly to the Mortgagee instead ot to tl~e ~Ilort- p~or and the Mort~sYee ~ofnUY: the insurance proceeds~ or any pert tttereot, may be s Ued optlon, to the expenses. !L any, lncurred by 1t in the collection thereof. to the reducUon• ofp the i~ndebtedaat~ieby ~e- cured, to the restontlon or repafr oi the property damaged, or releax~l to the Mortgagor wlthout 1fabAtty upoa the Mort- ~a~ee for such relaue. All polldes ot lnsurance ue hereby asd~ned to tLe Most~agee as addlUonal yecudh, ior tLe psy- raent oi the sunns eu~ fnterat ~ecured herebY: in the eveat ot toreclosure of this Mort~a~e or otber trander oi tlW to the premises 1n actin~utshment oi the lndebtedness. all ri~ht, title and ir,terest of the Mortgagor ia and to any it~u~ce polfdea then in iorce shari pa~s to tbe purchaser or grantee. To oo~np~lete wlthW a rauonsble time any bullding or butldin~s now or at any tlme 1n the psooess of erectlon upon tbe laad and to promPUY nWl~'. restore or rebufld any bullding ot improvements now or, hereatter on tbe Lad vrhicb auY beooine d~na~d or be datroyed~ and not oommlt or permfc to be done or adit on or about tHe premises anythfri~ whereb~r t6e premi~a~ shW beoome las valuable; to comply with aU laws. rules. reguLtlons, or ordlaaaces ot an7 S~'a- mePtal.+~eACy and not violate or permit the violatto[? ~s to tt~ premises oi any bullding or we restrictlons: to lceep the Lnd and impm~ei?b tAereon iree frnm mechanlNs and materlalrnen's llens and wttl not suffer any Hen auperbr to tbe lfen rseat~d Dy thls instrument W attach to or be enforced aaaind the premises, S. It detanlt De made !n the payment ot•taxea, as~ea~ments, lieas, cL1ms. lnsurance primlums or any other charQe wAatw~ver, a aa1 P~rt tl~a+eoi. or !n t!k pestormance of aaY act. to be pafd or performed by the l~ortsasor w?des tbe P~~ ~ot. tM Mert~a~ee ma~'. at 14 optfoa. make payment thereof or pertorm a~Y act requlred a! tLe Most~a~or fa aep? forna or manner deenred acpedient and psy ae~y oWer wra thst is neoes~aq? W pratect tbe seeuriq of tiils fastru- mmt: t1~e amau?ta a~ Pdd. vr1W fnterest thenwt~ from tlie date of such paymeat at tLe ~ams nte as borae b~ tbe psin~ dD~l lndebtedner, ~hall be arared u aa additlooal lien ou tbe prembes md shall be adBM to and bsoome a part a[ tLe m+?Ae b~j? the Mortia~ee may be anade~idlns ae~ ~~tL?nieat~eorMestlt~te ~turiilthed~or P~~ tbe a~pro- yrtate pubUc o~ca or the pstt~ cLimlp~ WYn?ent wltMut foqnir~ tnto the aocurac~r or v~tidi the ary' Pnbllc oaloer os par~y fn tbe bands ot the Mort t7 ~ aad t6e reoeipt a[ ~o Pafd: tbe Mort~a~ee slulb at 1t~ oPUoA. be snb t~ed to a~np encumbraace.~cW~nt ~ valkUtp aad amonnt ot ltems and ~ecuritld for the pa~meat therea~ Pdd or dis~harted with the prfncipat s~un ~ecured aad to ~11 tbe ri~Db oAder v~t rrovldons bereo~ ana aay wcb aab ~ YO~'j~ r~atbn r1~Dta ~haU be addttloaal ~nd cwnuLttve ~ecusltp to tbis ldort- ~~1( ~iti/~ir ~ ~