HomeMy WebLinkAbout2239 7. It ~ M IM ~wM ef n~a~y iyr~in i~fur~d N 4~ ~wf pawMAi M~d tuUp iwi0 wiMin tlurty p0) d~Y~ n~a~ ~tN~ ~M s~ NvN~~ry wcv..w aw w.o Y.~..,...
w if wcA u~ ~v~ry MN ~tipd~tiay, pr~. condi~ah. ~nd covwunn el ~aid praniuory noN ~ed Mi~ ~nw?q~q~. a~iNw. M~ oa duM oNla~d, coew6~A
wiM M~d ~id~d Sy. tA~ py?p~H fww mM1io~Nd i~ Nld Won~i~wrll ~oN ~MN AKOnw du~ a~d Mr+bl~ (ohAw~th e/ M~Nlnr af 1M OW~ow o1 NN Morly~pN.
a~ lully wrd cewwb»M ~ i/ uid ~yyrp~N ~um of nwn~y ww aiyiMNy piprA~~d a b~ Paid o~ r+ch' d+p. My~hiW w~ ~MA Mo~µory noN a M~t~n w N»
tonhMy fqMriNytN~w~y. -
t. ie d~liv~? a wld Ma~pe~, oe e? 6~fon Mud~ 1SM e! NcA Y~ar. qa ~~n:De~ widu+cino M» ar~wn~ 01 ~H I~wh,lly impos~d uaM fa Ny vr~c~dinq
ubndv ri+~. ~e d~tiwr N wid Ma~p~pN. ~~csion hridw~ctnq Mw vw••M~ of ~11 lian for public iw~prown~wu~ dr;d+iw nin~M (V0) d~tr~ ~fh. 1M s~~ ~MII Mcaws
dw ~nd p~y~41~. MA b MY p di~eMrq~ wilAin ni~.M d~n ~t»r dw d.N. ~~y w~d NI povkne~e~bl ItviM ~MI ~y ~ nyd~ en IM ~non9~9~d WoPMM.
on ~hia ~norlaq~ p ncN, e~ b Mhr otlw w~y rtiultieq /raw ~M Maty~y~ ind~b~d~wq tKw~d Ay Mis iwwtprpr, ~nd if tAi~ eandilion b~ no1 torpli~d wi~A ~nd pr•
lora~d, sNd w~pry~pM wyy pq ~vcA ~un~ a~wa wAicA sAall b~cowr pal of M~ d~bt by N,h n,p~y~q~. ~nd ~MII bNr inhrNt ~t My ~~N o1 ~ia pa c~nt.
a%) a. www~, ar•bM a«a-wrw•iti w~r+l p.W or ~Nd Nb?p~p» nrr ~Mcf M~~ u~d ~norty~y~ d~M ~Mr«~pon b~coww dw ~nd p+yaW~ faMw~~A.
9. If i~ fu?H~ cow~w~qd ~nd prMd by wid panta tlrt ~n tM wwu o1 •~ui1 Minq inu~n+pd ro ta~cloN dus rnaly~q~. ~M Matp~p» s1u11 b~ ~nriN~A a
~ooN N+~w fi~r p«~dino weh la~cbuw~ tuN a tM eowt ~++v4w iwisdict~on ~A~.wI fw ~ sp~w~n~~r oI • nnivw of ~!1 and sinpul~? Mr nwrfY+Y~d wow~~Y.
and ot ~11 ~ly ~~nb. lnconrr. i~otib. iuw~ Md rw~nw~ ~Mno1. han wA~~wwe~ sowc~ dMiv~d: ~nd ~Mrnxwn i~ is Mr~ ~,p~uH oownw~ud and p~Nd
d~. ca~n ~hall fwN~w~M .ppo~a • ~Kawr of wcd Mo.N~w~ a~M. ~11 ~nd sinpvlu. Md d~ud+ nnh. incww~a po(~p, iuua snd nv~nu~ d+~nof. i.aw
wMMO~w wu?e~ drriwd. wi1A d» usw! Oow~rs ~nd dutia ei t~e~iwn M lik~ u?~s: ad weh ~ppo~nem~nt ~11 ba nyd~ by auth eowt u• nwta~ of ~t~iet ~i9h1
a NN 11Aoity~ys~. iM wu~saa N9d ~~pa~nutOva w w~~u. M+d wiMow r~f«N+c~ a M» ~v~++~Y «~~+cY ~ M» v~lw ot tA~ aopK~Y hN~br ~a~p~q~A.
w b 1M wlvMCy a tn~olwecY d th~ Monp~oa. M+d MH wd~ r~. P?e1ib. 4~co~. Fuuw ~ed re~wn~ sA~ll M~ppli~d bY wd~ ne~ivw 1o tM wrment oI tM
^wr~WY~ 4w~~dw+~. ea~b w~d cMrpM, aoordi~p b/!r aeMr oi weA eowt.
10. N~ conv~Y~na sAodd ~ w~d~ W Alorty~ya oi fly pna,iw~ Mnin dew~E~d, a«w wH Nwwf. wiHaw tM w?in~n coroen~ ol ~M 1Norp~~. ~nd
~?i~Aou1 ~uwnP~an in ~pulp farw e1 I~w by ~h. pr.n~ ot N» oblca~ion ~o M• Mor~q~qN aesNd by ~~id Prawiswry neN ~nd ~n ~no~q~. ~hwa ~ewf in Nyt
~wnt. ~nd N Me oWien o/ ~M Matq~y~~. and wiM~e~A notic•. atl ~was of narwy warnd Mr~br ~a!! inrw~diaN?p w~d cenn+rnMy wiM sud? conv~y~nu E~conr
dw ~nd P~Ir~bN w~d in ddwh.
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11. ih~~ in tM wt~+t dr p«n~NS MrbY +~wY~d. a+ ~nY a+h N~wwi, iA~ll b~ condeer»d ~nd ~~k~n fa puWie w~ und~r ~M oo~ of ~nimn~ dan~iA, ~
N» IMorryp~~ sMll Aaw Nq ~ipM ~o d~wwnd Mu ~11 d~n»y~s ~wrded for M~ qkinq ol w d.~a9.a ~o .«d w«~s.. .h.u b. w~d w~M 1Nor~
!Mn YrIW{d 011 Nlia w~Orty~~ ~nd af IM opli0n of NN ~AOrt9~9» ~~~YO+Nd YP~ 1l1~ p~ynyl~b INf papaW~ 11w~011. ~ ~9~ W b 11N a/l~a~nt .
12. 1M nany~yor b~ndt lwimelf np b~rM a pwn~it to A~ «M~d aew n~w ouildnqs on tM p~w~isa h~nin inortyp~d p ro~dd b a pHinit b M ~dded ~
?o ~rw o/ 1M ~ab~inY improwmM+b tM»on w~k~ rry chx~qa a itN~Nioru in sud i~xo.~nrnb wl+ich ~wNrialy cAw~p~ Hr u~ w Nw ~ tAwwi. w~Mw~A
N+~ writhn conNnf of Mr Mapp~. and in 1hs w~M of ~ny viol~tia+ or uhmp~ ro viol~h tlrs a~ipul~~ion tlti~ nanq~p~ and ~II sunn ~~cwed hu~y ~MII in?
n~IM~ly b~conr dw ~nd colMct~Dl~ a ~M aWia~ o( N» liAorlp~pN. ~
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1~_ N h sa.cir~c.tly a9.~.d dw~ f~w~ h of d+. .s»nc• of M~~ comr.a aM! Mn no w~~re. oi ,nr os:iy~rian MrwndN w ot tM obllp~uon Ncwed Mr~br shall ~ny
rim~ b~ Mtd a b~ ~ w~ivw ot th~ arny h«~of w oF ~M instrv~n«+t Ncw~d hn~bv.
11. 11 iw~closun o~~~ps o/ ~ny s~cond maey~p~ a s~cond utit dNd or ~nY iw+:w I~en o/ ~nY kind ~hould b~ im~iwtad. ~M MortwL~ay nwY. a~ ih opr~m.
~mmeJi~Nly or Mr~aiNr dulan Mis +natysp~ ~nd fM indsW~dr~as sacw~d Iw~M dw .nd p.yW~ f«~Awid~, .nd w~ay ~t i» oP~an D0.ockd to /aeclos~ tAi~
matq~p~.
13. To tM ~a?~nt vt Nr ind~b~dMa M fM Morpapor ~o qr Morty~q~~ de~uib~d her~ie a secwed Mr~by Nw /Na~ppe~ is hNeby a~broy~ud to the tien w
I~ens and M N+~ riyAb of ~M ow~a r+d Aolden H~eof of ~scA and ~very mw~q~q~ li~n a aMr cncwnbranc~ On ~tM lw~d dacrib~Q hK~in which in paid ~nd/w
ut~s/i~d in wAo1~ w in paf out of M» Oroceeda of flr loan d~scr~b~d her~in or ~ecu~ed hKeby. ~nd Me resoKKw li~ns o~ said ~nat9+9es. ~~ens a ahar ~na,.~b~MCes
~MII ~ and th~. wM ~nd 'wtA oF ~Mm haebp is pnserved and sAall pns to ~nd b~ Mld by ~M lMonp+qe~ h~nin ~s acwity for IM :ndeM~dn~a ~o rM Ma~yaq»
her~in dacrib~d w her~by a~cu.~d. b th~ ~an+~ ~atent Ny~ it woutd have been preserv~d and ww.ld Aaw b~en w•,.~ a.nd b..n Mtd by ~h. More9.y.. h.d i~ Oeen +
dulY ~nd ~puluN asiyn~d f~~nsl~nd. ~t wwr x~d del~v~r~d uMO ~M AAortq~y~e bv s~o+~~t~ d~~d ol ~asipnnen/ nonr~Mn~~nd~np ~M fact tMf tM s~nr m~Y be ~
u~~~fud and cMn{led o1 recwd. it be:ey A» im~ntion of tM p~rGe~ Mreb Nut M~ sam~ will be uti~fi~d w~d curcdt~d of r~cad ar eM holden ~hNeof ~t w abvut
rM tirn~ o! t!N i~cadny of tA:s mw~pay~.
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16. lo par all aed s~nq„f~. rhe cos+s. cha.q~s and •apenses. ~nclud~nq 4wye.'s (ees, rcason~bly .ncu.red w w~d ~r anr ~,me by Me Mwrg~qee bec+ose ol ~he
ia :uro o1 ~he Mw~gayw ~o pe.fonn. comply w~rh ~nd ab~de bY ~ach and every rAe ~~~pul~~~ons, a9retments, condiwns. ~nd coven~nn ol sa~d pe~n~sswy no~~ ard rh.s
aecd u e~eher. and evr~ sucA parm~nrs sAall be~r imere~~ frwn d~fe ar th~ rue pro.~~ded in sa~d aan~sso.Y ~ae.
i7. .~a,~v er ~.Y w b. a«a br e,. Mo?~o.~o. ~o +h. µo.~9.9.. ~,.~a.. ~..m. n«.or .ti.n b. ~ d.swit. «.Ew„id ~h~ MorfW9or dNwh
any of t1r otMr tenns. provisiory a condtions of this Morty~p~, th~n and in that cas~ tiK Ma~y~9ee sh~li Mvr 1h~ riyM, withour not:~~ to eM Mortq~yp. to
collect ~nd nceiv~ iraw «+y ta.rnt or bs~ ol uid nanpped pemis~s 1M reny. iuws and pofin of th~ rwl ~saN her~by mor~p~q~d ~nd ~M ~m~rovemen»
thereon, ~nd b qiw P~aM? ~~W~ ~nd ~cqwMancs~ fMr~fo?, ud afNr p~yiny •11 commiss~o~s of any renul p~eM colkctinq tA~ sa+n~. ~nd snY rtason~bt~ ~n«ney's i
i~es ~nd e~Mr neee~wy ~+p~nt~s enc~rred in tdNctinp asn», ro ippy tM proceeds of svch colkct~ons upon anY indeb~dnesa, obliy~Ywn or I~abiG~y. of tM
AAo.rppw Aerww~d~r. TM riqAt qr~nted d» Nlorfpaq~ unde? this w~+d~ sAa 11 M in ~dd:uon to. ~7ftl fIN~) fq/ Ii,111f M f~fkKt. ~nv o~Mr ripht w riyha yran~~d
rl» Mwtp~ya~ in this Mony~q~.
16. If IM Morty~qon N tM ~ir?r of rntkinp this Monyp~ o~ subs~pu~nt ther~eo f~k~ ovt lif~ insu.~nc~ dniqrytinp tM Mon
p~qM her~in b benelitiary with •
co^,waY ~Ppoved bp M» Morty~qN or psipu policas a fM Monqay~e fa ~h~ W+~ow~ of seaxinp fM nwrfyape loan her~br ~ecu~+d, tMn Nr MoHq~pe~ d+all
Mve Mt riyAt ro Mf~ +M~ M~+ni~wn ~ccr~inq uedw Mid pOIKi!!. and ~II swns so eapended sMll b~ add~d b and b~corn~ • pert of tIw principal indebtednNS secwed
by N,is Morpp~ and slyll be paid by N» Mwtp~yor b dy Mp~y~y~ in twNw pwl consecvrive n,omhty inslalinwnts, ely firsf monMly :rorallnxe~t W b paid as a
Wn of end in addition b tM mw~thly paym~nf du~ w~d~r this Mor~y~qe in Mt fint ulendar mon~h (ollow:np dr ~~n6nq of uid avin_ Such sums w~apendcd
to bex in~~re~t p th~ ~aN sl whicA inyreat is payaW~ u~wn s~id pr;n~;pyl indeWedness ~nd ~f,~ fie~i of Mi~ Mafq~q~ aFyll ~,anQ fo ~nd secu.~ tM w'ns so capended
royNher wi~h ieH+at lher~on u?x~Nnlwiw~ Provid~d.
19. Tlaf topell~r ~ri14 owd i~ odditiow to tht woeN~lp Puy~nf of principat ond in~eresr po~ra6le wder tM Mr~t of tM note secwed he~ebr Atwfpogor
sholl p~ b MwtOop~~ ~ocl~ ~on1h ~~h1 ~oid no1~ is l~rlly poid, onaHrdfN~ (1 /121 d o sa~ equol fo Nw oweuol prewin~ due for lire, eaMwded coveraye.
a~d oN~er Iw:md iwsuroece ca?~rinp tlw ~o~pop~d P~oP~~Y. p1us. to:es w~d a~ms.eua neat du~ w tbe ~wr~9~Y~ woP«~r (ot1 m~sri.wed br Morqopeel
l~ss all sv~s dreodr psid tMrs(er, owd to be fi~rid~d' bp tl~ nr~wber M aonths b elops~ pr'~or b fl~ doq wrMw wt~ to=es ond oueaswenh sbaN becawc
delinqwnf. Soid so~s s4a11 b~ 1»W by Mortyop~~ i~ hYSf w a~dited b fb~ pri~cipd of tAe loo~, W pop soid iww~o~oe. ba~s, aed os?ess~enh ond s1w11
ba appliwd ow If» popMwt 11~w1 r?6en dw. Awp *aceu INW in nou b~. Morqop~e r6en soid loaw a paid is FaY sboll be poid b Matpoaor, or bis
asiiyes, w p~rsonal np~a~wlolivs~ Iw th~ etint of o deFovh or foredosvre, soid w~s 6eM in t~~st war b~ opplies ow wy cosls of dowop~s suswined in
coon~ction with tl~ coN~clio~ of /M woh s~nrred ht?ebp ~rAeN~er bp sui1, fw~ebwr~, ot olbcrwise. Mortpap~e wop frow tir b t~me a1 ib option waioe.
ond of~er ow~ srd? xoiser. ?~i~stob'osr w oY pro~isioss Aereof reqviriny such deposils, bp wolic~ b Mort9opoe iw ~riliwy. W6~e owy such wa:rer is ia
effect. Mortpopo~ ~Aa11 Po~r taeK, aaess~ewb and inwtonc~ prswi~~ os herein ~Isewhere prorided.
IN WIiNfSS W?fE[EOf, fM ssid Mortyapor 1~~una sMS hi~ Mnd ~nd sNl this N» d~y ~nd yw lint alwr writlM.
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S~qrssd, ae~ltd a+d del~ve~ed .~r !<l`. "~~r~~VY._.f'- - ISEAI)
°"f`"`• William R. M ore
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~~~~~c._~:~L`.__ ~ - = _ ~s~,~,
Arvinda R. Moore'
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