HomeMy WebLinkAbout2416 7. If ~r of N» iwn of n+awY I+K+A+ ~~h?rNl b b~ nel WowiO~N ~~N M~d wi~Ain M~nr 1701 dw~ n~at ~h« uw ww. ..r«~1hr b«o~ dw «~d wr.ei~. ~
« if wd~ M+d w~ry ~M u~pulN~om. ~anwMnn. ca+di~bn~. Md cev~+~n++ d~+id aonwwrr ~w~. ~nd Aw mw+o.y~. w~~Nwr. w~ na duhr w~«n~d. caro~:~d 3
w~d~ u~d ~bi~Md oY. tM Wqr~W» ~ww ~w~ntan~d ~n sa~d pw~4~w~? noN ~hall bco~ dw ~nd wr~ taMwi~A a Nwwf~ N N» oW~ow of ~M M~a~9~Y».
hrfly Md cowwMNly N t} Ni~ ~q~p~N ~ww o! nwtiY wu aqiiylly ~fipubt~d a b~ W~A on wc1~ d~y. MyM~~nY in sa~A M~~~Y ~oN a Mr~h M NN
conU~ry nOfwiltnlM~d~rip.
i. ie d~liva w uid AAortW9N. on a~fon QA«cA 13M of ~cA Y~w. q¦ ~~Vn ~vid~ncino fM WY~ el ~11 I~wf„Ily iw~powd q¦w la M~ or~c~di~W
c•I~ndv wM. w d~liw a wid Mor~y~pN, r~uioti widw~cino fM wYw~u ol ~U li~m fa v~K wiM~iw ninMy (90) d~tn afN. ~M u~ J~all b~co~
dw «+d O+Y~M. ~wd ~e V~Y 0~ dhclwy~ wiMwn nimM (9W d~ri ~fNr du~ dsN. ~ny ~nd ~11 qov«Nn~nql twi„ ~M~ n~ b~ ~d~ on M» ewrp~y~d woowM.
on M~i~ nwAO~Y~ a~w». a i~ «M? oMnr ww.rau~~ino haw ~M Matpp~ ind~ENdMS~ s~cw~d bY ~i inor~W9r, ~nd i1 M+f~ condtbn a aW caplwd w~~A ~nd
to.nwd. wid n~or~Y~YK ~1 vw ~ucA sww a~was wAicA ~Aall Mcow» P~n e/ M~ d~b~ wcw~d Aq tlw~ ~wor~pp~. ~nd sMU Ma i~Nrw1 N Mw rN~ o! da pN c«a.
te%1 w~ owabw wAianw~lh unNl p~fd a s~id Ma~w9M ~r ~~A~? N:d n~aty~q~ d~b ~~w~ Mconw du~ and ~r~bN taN~wi~A. +
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9. It h fiw~Mr co+~nru~d and ~w~ M? wid P+h~ ~hN in tM w~M of •~ui~ b~iny iiut:?uad a ia~cbw d~i~ nwrty~p~. N» Morp~pN ~MII b«uitbd a ~
~ooh N+iw ~ o«~die~Y wd~ lenclww~ wit a/M cw~1 Mvin~ Iw~~dktiw~ N~~r~of Iw ~M ~vP~~ ol • r~c~hwr ef ~11 and slnWlv ~ wa~fWp~d o~~hl. i
end ei ~u ~M ?~nU. Inco~a. C~o~ib, Iswa M+d nvMw+u M~w~ol. haw wM4ow+~ wwc~ dwiwd; r+d Nw~~won i~ is Iw~btl ~,Or~uM ~Nd ~nd prMd i
rM~ ~M cow~ ~A+~I ta~l+wiN~ appein~ ~ r~c~ivw o1 wid w~wp~~d i~~M. ~11 •Md. ~ir~xr~~nd ei wd~ nnb. ~nco~w~s. woiib. iswa ~nd nwnu~ dw~. ha~
wMnewa wursr dMMd. wiih ~M u~wl Pw~n ~nd du~iw oi ?KSivws in Gk~ c~wi: 1^~ wd' +ooo~ntarn~ aMtl b~ n~d~ by ~ud? cowt a~ mat~ of sNic~ r~yM
a ~M Ma~ao». tti woowwrti M9d non~~nueimw er a?~yn~, ~nd wiNaw re1««+c~ ~s Mr ~d~p~cr or in~dpu~cy o/ ~M v~h» oI N» wovMhr ?wr~br ~~9+a~.
or a~M .olwitr ~~Y oi M+~ Mw+wao?. «,d N~.e sueA nM, wotia. ineo~. ~uua ~nd r~v.mna .M11 b~ .opli~d br sueA ..e.iv« a Ny wr~•n~ 01 Mr
^+w~Yp~ ind~badms4 taab ~nd tANp~s. ~OCwA~M q 1M adn o1 wsh courl. Zy
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10. H~ cawr~rann slwuld b~ w~d~ M~ ~Maq+pa of ~M w~+M Mnin dau~b~d. a rw o+~ N~wf, wiN~aM tM wr~n~n conwnt of MN MaW~~. +nd ~
witlwul aw~pl~aw iw hyul~r iot~ ei bw by tM pr~nN~ ef Nr abliq~tian M M~ Mor~9+9N cnaMd by wid Orow~iswry noN ~nd tN~ wa~9~9~. Nwn. ~nd in 1Mt
w~nf. ~nd N Me aWiow d ~M Mortpp~. ~nd wiMaul not:c~. dl ~w~r eI a~on~r Mcu.~d Mnb1~ sMN iw~di~t~h ~nd oonarrnMly wiM wd~ com~ll~nc~ b~coar _
dw ~nd pyabN and in ddwh.
11. lfist in d» erent N» p~nwM IwnbY n~aty~q~d. w~nY P+rt Mw~of, sMN ca~denrrd ~nd uk~n for ouWie uw wdr tM voww ot ~ww.wnt dow~+iA.
rl,~ Nbrq~y~ sh+11 Awr M» .iqM a d~w~r~d ~Aat ~11 drw~yn •w~rded for N» pkwq ol w d~p~s a~sid p.wd+a Jrll b~ p~id a rM lNwtp~yw uo a Nr awounr
Mwn urp~id Ow N~is w~atWY~ ~nd N IM eWion of IM Mat9~9N +MI~ b~ ~VO~iad ~P~ th~ WYnrnb Ia1 p~y~lN Mw~oe. ~
12. 1'A~ morly~oer pind~ hiwqdf nW b~nCf or pMnwf te b~ ~t~ct~d ahr ntw euildinq~ on tM pMnisM Mniw nwnp~9~d w b add b p DMw~if b b~ ~dd~d ~
ro~Mr el tM ~ahtNq imD?ovMnM+h' ~Iwr~on «~k~ ~ny cMnqw o~ ~la~~t~au in ~aid irnww~~nb wl~icA raa~i~lb cMnY~ ~M s~e a Nr va~ ~Mrwf. w~rhow ~
tM withn toro~nt e1 tM M1a~p+pM. and in IM w~nt o1 ~nr viol~tan ot NtMeW a v:o4N ~Ais sf~pvWion tlrf ~nat9~y~ M+d ~It su~n utvr~d Iw~b1l sMll iiw~ ~
nwdaNty b~cwa~ du~ ~nd cdMc+~sh N N» aption ol Nr Abrp~yM. i
1~. a~s w.~~rK.iti .q«a x~n r~. h of N» ....~c. ot w~. ~o~~.,a .~a •h.~ ~,o w.~... o~ .~n oe~g.ra~ M..~d.. w or d+. owcy.no~ ..a.~e ~+..•er .h,n .~w i
tirrr ~ MW lo w~ivN of /M twms Iwwf a oI ~M ieutnwn~et secw~d Aer~by.
11. li fonelaw~ P~~~ of ~nY s~cond mwtp~q~ a a~caed mnt dNd or ~nY iw+:or li«+ of any kind shouW b~ 6ati~v~ed, tM Mw~o+4e~ arY. ia oW~on.
~~n~+.diaNly a Nr+«N.. d.c1..~ Mis matq.p. and fM iid.badna~ s.eur.d Mr•br du. .nd P+r.M. iaMwidy and wwY ~r ia aotan pe«.ed a foneto~~ M~~ i
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1S. To th~ ~af~n~ of ~M ind~bNdmss of tM Abrtp~qor to tM Mwtp~yN dnu:Md here~e w sewrsd-IIi~!b~r iM IMonp~pe~ Gs Aa~br s~rbrog~ad a tke Ii«+ a
Icena ~nd fo 1M riphb of tM ownws ~nd Add~+s tha+~of of ~ach ~nd wwY nar~9+~ tien w aMr ina~nbr~ on tM Ir?d dacrib~d Mr~in wh~d~ i~ wid «+d/ar
sarisfi~d in wAoN w in P+~ ow oI ~M P?ocesds oi ~M Iwn describ~d Aa~iR a s~cwed MrebY. ~nd ~M resp~ctiv~ liero of stid mwrpaqt~, li~ns a ahsr iMwnMances
ahall E~ and IM. wr+~ ~nd wth oi tMm ha~~b~r is W~se~v~d ~nd ~1y11 pus M~nd b~ htW bY ~M Morly~pN Mr~in u wcwih for IM ind~bNdr~u b ~M Mwlp~qw '
henin dMC~ib~d a hereby s~cvred, ro Nr s+er eitN+t Mat it wwld h~v~ been p~serwd +nd +ww+~d hav~ b~en paa~rJ to +wd ~aen h~W bp 1M Mor~Y+9N ~++d it been
duly and rpularly ~ssiqrrd, aarrlar.d. sN ov~. ~nd dNivM~d una ~h. Mwtg~gw bY ~w+~an d.~d of .asiqnnrnf naw~N~s~Mdiep ~M f~cr Hut tM s.wr mar ~ ~
~ai~sfyd ~nd c~ncdbd of r~cord i~ EeNq th~ imention of ~M pxties harNO Ma~ rAe sarn~ w~lt b~ satia(i~d snd canc~tMd o1 r~cord Sy eM holders tl~~of ~t a ~bow ~
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~h~ ti~w ef Na ncad'in~ d Mis mwt~qe. ~
I6. To wY all and a~n9ular rl+e cos~s. c?wges a~d e,penses. ~~clud~nq lar.re.'~ fees. reasonably ~ncwred a pa~d at ~nr t~me by rhe Morfqaqee. becsuse of tAe ~
fa.:ure of Me Mor~9asor to perlpm, comply w~M and ~b~ by eacA +nd we~y ~Ae a~~Du~a~wns. aq.et~~s. coe+O~r.ons. and cw~nants of sa~d pom.ssay note and ~h~s
deed w e~fh~r. ~nd evpy sucA p~rmems alull bear mr~res~ lrpn d~~e ~t ~ht ~a~e a~~ded M sa~d aoin~iswy no~e. ~
vM+sn «~r .~a~u of ~n«»y w a o.id M,a. Mo.~wve. w W+. Aw.ro.9.. una.. ~..T. n«.o~ .I~.n b. M a.r.ul+. «.houw M. Mat9.9o. ad«,h in ;
sny of d» odwr hrnu, povisioro a conditions of M~is Mw~9p~, dwn and in M~~ caa ~M Mortp~ye~ sh~tl hav~ Nr riyht, without nW~c~ ro tM Mwtp~yw. a g
coltect and r~ivr han ~r hn~nt a IessN or s~id ena~y~p~d pr~wws~s M~ r~nb. iuuea snd wofits of ~ nal esrN~ hereby awrty~qed w~d tM imprwem~na ~
M«eon. ~nd a~iv~ Propu nc~~vb and xvN„+~ces tMrefor. wd ~har wriiw all canncss~ons of +~w r~nul pent colMctirq tM s~nr. ~nd +eY rsuon~ble atwrney's_ ~
f~cs ~nd otlw nec~s~ary ~ryMq~s incwr~d in collMiny ssen~, ro appN tM pocecds of wch cdlect~om upon ~ny :ndebqdny+. oblip~r;on w I~ab:li~y. 0/ the
Mortppw henund~r. 7M riyM qr~nted tM Ma~p~yN unde~ thi~ D+rpnDA sl+all b~ in ~ddi~~on ro. ~nd shatl na liw~it w~~shict. ~nY o~lNr r~yAt w riyA~s qr~Ned !
, th~ Mptp~pN ie Mis Monp~y~.
18. If ~he Mort~qon a tM ~inr of ~kinp Nw INwtpp~ w subip~wm tha~~ro t~b o~t li(~ iesursnc~ deaiqn~tinq Nw Morp~yw here:n ~s bemficiwy with •
cornp~ny ~ppovad by Nw MorfppN a asipm policiea to tPr MortqagM for tM purpoa~ of securinp Nr ~nortq~y~ lo~n hereby Ncur~d, th~n Mr Mortq~pe~ sMtl
~ h~ve tl~ riqM w p~r aMr prNni~wn aovui~q „ndu s~id pol:cies. and all ~wns so e~pended sA~ll be add~d a~nd b~ca~r • pwt d dr pinciwl iodeWednna secw~d
' by thn Mwty~y~ ~nd sh~ll b~ paid by tM Mwfqa9w te rM AAaqapn in tweM pwl con+~cvtive ewnd+hr insulMwnn, tM fint wanfhl~r iratat{~M a b~ p~id n•
~ part oi end in addtion w~M monNdy p~y~M dw ~nd~r Mis Mortqrqe :n tM first ula++d+r inonM~ followinq /M ~ap~ndn~ of said svm. Such swm w~apended
€ To bear :nt~reae N N» rau ~t whicA ineaest is pay~bl~ ~ipon faid p'urcipal iodeWedness and th~ lien of dw Mortp~q~ ~hail ~aNnd b ~nd secure tFr swns w capended
~ fog~rher vritA inNrut tfrreon ~a herHnbtfw~ providd. ~
19. TIw1 toye~Mr ~rid~ ond is oddiliow to tIK ~owtblp prywMt of ~iwcipd owd MMflSf ~IOrOW! Y~lf HN MfAi OF IIN OOM flCYfld IIf1~~. Nlwtyopor ~
aholl pap b Mwtpo~~ ~oc4 ~we16 vwt~ wid wot~ is fullp poid, owe-Iwelfti~ (1/121 of a s~ p~wl b N~e onwud prMiv~ dw for Pae. ~atewded corerop~, ~
and otMe. Iwzerd iwwrawu oow~inp tlw ~ortyoped WoWrfp, plrs taaes owd oaeswnh ae:t d~ ow tbe ~wtyo~d PropKb lod os ~s~iwoted br Mo~qopee)
Irss aM w~s olrwdr poid N~~fo~, owd b b~ di~id~d bp N» erwb~~ of ~owtl~s b dops~ pior b fl» deh wlww wd lezes owd oswsweeh ~ha11 becowe ~
delinavewt. Soid s~s s1~oM b~ beW bp Mwtpop~e iw trvst or a~d'aed ~o N~e priwcipd d tM loo~, b pop soid iwsnrowa, toa~s, awd oneswets ond aholl ~
~ ba appli~d ow tw popw~sf 1~~oi MrMn dw_ Awr esceu Ueld in tnrs~ bp Mortyop~e r6ew wid baw it paid iw hiN s1~aN be poid b M1orlqopor, o? 6is
~ ussiges, or p~no~d rpre~wbAv~s. In fIK ~wnt ef a deforh w fwedosvre, soid sws Mld in trv~t ~ar bt appl~ed ow ~r to~fs d do~oy~s wstoiwed in
connectio~ wilA the cdl~tiio~ of fb~ woM a~c~red I~t~~bp ~A~11~er b~r swt. Foredowr~, or MlKrwise. Morlpop~e ~ fra~ tiw~ 1o ti~ at ifs option wai~e.
ond ohe~ awr arth Mane~, niwstob owp w oN pro~isio~s bt~eof rpuiriny wtb d~posils, bp wotic~ b Mwtyopor i~ ~rifi~y. Ml6it owy wth v~rsr is ie ~
lffK~~ MOfpOQO/ f~QQ POr ~Oflf~ Cf1lS1~lA}f Olld MlYfO/K! ~f~1Y~! Of ~1tf~M !~flMhlf~ PfM1ald_
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~ IN WITNESS W'iE[FOF, tM s~id Mwtp~9o? Mr~.nb s~ta hfs Mnd ~nd sul IAu /M dhr ~nd yw fint abo~ wrifM~. j
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$:aRld. Ll~Itd M~d df~ivt~la ' :
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