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HomeMy WebLinkAbout1159 , "IY1(:E"CHF:H with ull .tnictur.•s :~nd im{~nwt•mi•nt~ nciw r?nd h~•n :~ft~~r ~~n "+i~l lund ,?n~i th~• fi~tur.•. o-+tt:sc•h~~d th~~n~tu, :.mi :?il rc•nt~, is.ued, pn~c~•~~d~ ~~~~i protit. :tccruin~ und tu u~•c•ru~• frum wid pn•r.'.i~i~., a~ll uf ~vhich an~ includ~•d ~~ithin th~~ fur.~~oin~ di•~c•ription a+nd th~+ hah.•ndum hc~moL :V.o, :~11 ~tc:ut?, el~~rtric, ~~:?t~~r .ind oth~~r h~titin~, coukinG, rc~[ri~~~ratin~, li~htin~;, plumbinR, v.~ntilaztin~;, irri~;:~tin~ :~nd pu~~•~~r ~y~t~~m~, mac•hin~~•, ~?ppli~?n<•~~., fi~tum. und ~?p{~urt~~nanc~s, ..hich nuw ,?rc~ ur may hon•:?h~r p~~rtuin to ur 1.• u-•~•~1 with, in ~~r on .~.?id premi.r~. c•vrn thou~h thi•v Lc• d~•tuched or dctarhuhl~. "l'O Hr\\'E :1ND 'I'O f101.D :?11 :?nd ~in~;ula~r th~~ ~uid propc~riy ht~mbc cunvt•yed, thr t~~nements, her~ditam~-nt~ nnd uppurt~~n.+nc•e~ the~rcuntu txrlun~in~; or in .1n~•~vi.~~~ a?ppc•rt,?inin~; .~nd thr mvi•r.io~ :?nd revc•rsions. remriind~r nnd n•m~indrr., re~nts, i~sues ~nd profits th~~rc~oi and al~c~ :;11 th~ e~.~t:?te•, ri[;ht, title, intemst, property, po~~ession, ~Ifiim :ind demand what~oc•~~.~r it~ ~~~~•11 in It~~v :i~ in ~~quit~~ ~~f th.~ :~?id \t~~rt~nkor in +ind to thc snmt and ~~-rry part ~ .?nd parcc~l thercof unto the ss?id ~1urt~;:~~;ca•, in fe.~ ~impl~•. :\nd th~• x~~id ~tortg.?~on c~mby c•w•~•nnnt; ~.•ith .~:~id \lurt~:~~;~•~•, th.it .uid \furtt~:tigor i~ ind~R~c?.iblp s~~ired ot ~aid I:;nd in fi~~• ~impl~~; ths~t th~• ~:?ic1 Mortg:?Gor h:?~ ful! poa•i•r .~nd la~vful ri~;ht to c•unve~ the ~ame in fee simple as :itom~.?id; thi?~ it ~h,Jl txr It?wful tur .aiid ~lurt~;nc~~r .iU time~~ pe~a?c~~abl~~ and yuic~tly to ent.~r upon, hold, occupy :?nd .•njo~~ .`xid I:~nd .?nd even' pttrt th~•nv~f; ~uch furthi•r s?ssurancc~ti to pc•rfi~~t lhc• f~e ~imple title to sa?id I:+nd in :aid ~IurtK:?}~et~, mt?y n•:?sunahlr h~• rryuimd; :tnd that said ~lortf;:iKor doi~~ hc~ml,y fully ~v.~rrant lh~~ LiU~~ tu ~sid lxnd :+nd ~•~•e•r~' {;:?rt h~•rc•of t?nd ~•:ill d~•(,•n~f th~• s:?m~~ ac;e?in~t th~~ lai~~~ful c•Inim. of .ill per5ons ~~•homsu~•~•~•r. PNO\'IUEI), :~L~~`Al'~, thut if !hc• \1<+rt_u~;or .~hall pa?y unt~~ +he \tortgu~r~~ ,uey F~nd all indc~btedn~ss dur I,y ~:~id \IurtK:?c~ur to _aid ~turtK:?~,~•~•, inc•ludin~ thi~ ind~•Ltt•dne~~ r~~idE~nc~ed b~• on~~ c•rrtain promi~:ory nott~ ui ~~~~~~n drdc• hc~rr.vith mudt•, ~~xi~c•ut~•ii, inci ~i.•li~•rn•d by th~~ \IurtK.:Kor u~tu thc~ \turtgt~;cr ~n the originHl princiE~al ~um ~~f . SIX TI~OUSAND AND NO/100 DOLLARS -----------------------($6,000.00) (~~ith :i tru~•.sndexa~•t i~upy uE;•:?id nutt• fx~ink altacht~d h~~rc~t~~ Exhibit "a" and made a p~~n h~~rc•of 6y rrfe•mnc•c~l, inclu~linG :+ny :?nd :?ll rt•m~~~:?1~ und t•xtE:nsion~ of .~:~id not~• and ~h:?11 p~rform, compl~• ~vith and ahidc~ b~• ~•:u•h stind i~v~•n~ th~ .~tipul:iti~n~, :i~:m~me~nts, condition~, :vtd cuvt•nunt: ot ~aid promi~sun' not~• nnd o( thic deed,tht~n Ihi. d~•.~d ur~d th.- t~st:tt.~ thrr~~by rn-at~~d shull c~•a~i~ und tx~ null :~nd ~-oid. 1. 'Che ~I~~rt~;.?~or Ilt~r~•h}• ('ov~•n:?nt~ :ind :~ert•f•s: 7'e, :?II and .~inc~~il<tir th~• ~~rinc~iE,ul a~ci intera•.~t ~nd th~• ~:?~iou~ and sundry ~um~ ~f mon~•}~ p:+~~zbl~ by virture u( the~ :?huve• d~~;crih~~d E~rumi~.~or~ not~~, :ind this mort~:?~e~, and anc :in~1 :ill mn~•~v:il~ ~,fthF~ ~ame, or r?n~~ part thc•re- of, .?nd :il~~~ am .wd :ill uth~~r I~~.in.~ and,'ur ad~.~n~•~~m~~nt~ ~.leic•h mac t~~ mad~ b~~ th.~ ~furt~.~~c~ to th~• \tort~;.?gor, i E~romE~tly un the• d:~~•~ n~~pc~etivt~l}• thi• ..?m.~ ~~~~~eralt~• b~•e•omc~ du~•. I 7~u ~II :i~d ~in~ular thc~ t:ix~~s, .assE:ssm~~nt.~, Ic~vic•.~, linbilitir.~. .~blie~ations .~nd c~ncumbr.~nct:~ uf c~~•t~ry n:it~rr. .~n ~:?id dr.-crih~d }~rup~•rt~- e•arh xnd .~~~~ry, ..nil if the• v~m~• L~• not Euumptlt• p.+id the ~1or~~a~c;er m:i~ ~t :in~. ~ f~cn~~ thc• ~:im~• ~.~ithout ~v:?i~in~; ~~r atfc~ctinc; the ~~ption to for~~clr~~~~ or :?ny ri~;ht h~r~~und~~r i?nd ~~•~n po-~~-m~~nt ~o m:s~l•• ~h.ilt t~•:?r intc•n~~t frum th~- d:~t~~ hrrc~uf, :it tht• r.~t~~ uf 10'~ ?~~•r .innum. I~~~ ~~:i} .+I;:+nd =ircul.v th~• c•~~~t~. ~•h:~r~~~~ :?n~1 ~•xpFn.~c-~, inrludine la~v~'c~r.' f~~•• a~ndab~trac•t c~~`ts rc~a~unsibl~' i~;c urr~•d .=r ~~:.i~i :?t :~n~ timt• b~ th~• ~t~~rt~;:i~;~~c~ tx~~ :.u~~• of ch~~ f,?ilure~ un th~• p:?n ~~f thE• ~lort~a~ur tu ~~erfortn, rompl~• ~.i~h :u~~! :.hi~1r h~- rnch :imf c~~~E~r~- th~~ :~tipu{:?tion.~. .u;rt•e~m~~nt~, cundition~ .?nd cove-nunt~ of ~:~id indebte~dne~~~ nnd .~i~l ~~r~~mi~-~~r~ nut~~ .~n~f thi: d~~i•d, ur ~•ither, and ~~~~~n .uc•h p:?~m~•nt ~h~ill be~:v int~•r~~.~1 fn~m d:?lc• 1t th~~ r,titr uf 1~! : (~,•r :~nnum. tIY~ 'I~tr..t th•• ~1~~rt~:~~ur ~~ill k~•f~p :+II n•:?I :ind p~•r.~un:~1 pruF,e~rt}~ nu~~ ~~r h~•r~~.~ftt~r ~rncuml,e•n•d by Ihi~ lirn of thi~ m~-~-t_.i,~~ inwrt•d m:?} tw• rryuim~i fn>m tim~~ i~~ tim~~ h~• lho ~lurt~;:?ec~~• :i~;oiin~t lo~~ b~• tir~, ~~•ind~torm and oth~~r h:?z:~nl.~, ~~:i~u:~ltu~~ :~nd c•untin~;i•nri!~~ f~~r .~uc•h p~•riuds and for noL Ic.- tha?n .~uch :?muunt~ mt~~• b~ rc~quired b~- th•~ ~t~~rt_:i~r~• :in~l to E~..y pn~mF~tl~ ~.h~•n ilu~~.?11 prv~mium.~ fcyr ~uc•h in~ur:inc•<•. Th~ amuunt~ of in.ur.~nct• myuired b~- thi~ V~~rt~.?k~~~• =h:1~! h~• th~• rninimum :~muunt.. for ~~hic~h .~:?i~l in~ur.?nc•~• .h:ill bc' N'i1~LPn and it ~h.~ll br incumlx•nt u~~u:i th~• ~U~rt,:ic~~r !u m.~intain : uch nddition.?! in~ur:?nce m~+~• be n~•~e•~snn' to mee~t and compl~• fully «-ith all c~~-in=ur.~n~•~~ n~~uin•m~•nt~ e~~nt:tine~d in .aid pulicit•~ to thc e~nd that ."tid 11urt~:igor is not a co-in~urcr the~mund~•r. ~ Ir.::ur.~ne -F.:11 1~.~ ~critt~~n by :i <•ump:?n~' or c•~,mp:~nii•~ :inJ thruu~h :+n u~~•nc•~~ :ippro~•ed by thi• \1ortQ.?e;~•e~ :ind :tli E„~lic~i~•, :~n~! r,•n~•~e;ii~ th~•r~~~~f .~h.tll tK• he~l~i b.~ th~• ~I~~rtr~u~~•~~. :~Il d~~taile~~1 di•~iKnaLion~ bc thc• ~tortQ:?~ur ..hich ~ .ir~• :s~•~~~•}~t~•~i hy th~, \t~~rte~:~~e•~• :?nd .~II a~;me•m~•nts b~•twc•~•n ~lurie:i~!~~r :~nd \1urtQ:~Ke~~ rc•latin~ to in:~urunci~, nu~c ~ ~•~i`tin~ ~~r hrn•aftrr m:i~lt•. ~h:?II L<~ in ~+ritin~ :snd ~h:~ll b~• :i part uf thi~ m~~rt~tig~• ~+~rt•~~mi~nt a~ fullc a~ th„u~h ~ ~ -••t f~~rih ~~~rh.~tim he•r~-in :?nd ~h:?ll ,~~~e•m i~~th E~urti~•~ he•n•to and their ~uc•c•es~or~ r?nd a.~~iens. \c~ liF~n upun :?ny ~:ii:1 E~~~li~•i~•~ ~~f in;-ur.~nc•e• ~~r u{~~~? a+n~- r~•fund ~~r n•turn pr~~mium ~v~irh ma~ br pa~~.?ble on thr c:?nr~~lL~tian or ~ t~•rmin.~tiun th~~n•~~f_ ~h:~ll tH•~i~i•ntuuth~~r th.~n th~~ m~~rt~:?e;t~~~. ~~x~•ept t>~~ prop~~r e•ndurseme~nt af(ixF~d tu wrh pulicy ~ ;u:~1 nj~~~n~~~•~1 I:c \1~~rt~.~~•~~. ~ ~et eusiwess srsTC~s. ~Mt gQQX2OV P~~11~.59 ~r. uuoc~oe~. a~. szs-o~oo -2- , ' ~ ~~v~.~ ~ i , - - - - ~ ~ ~~'3~ q_'_~ : ~