HomeMy WebLinkAbout0213 7. N.~y e1 ~wr ~l ~on~y M.«w n~«..d n e. wM wo~w~b .~e i~y p.tr wcdyn Nw.t~r l~0) J~» n~,~ dw M» s+wy a~v«N1~r acom~ d~ «~d wY~bi~.
a if wd? r?d ~wry M» Niv~1+~~w4. prww~nb. ~ondioon~, w+d car~w~e~ e1 ~~id waniswry noN ~nd Mi~ w~p+yap~. a~~tlw. a~ ea dvi~? w~a~d. coewl.~d
witA ~nd ~lid~d !y ~M pap~N ~un~ nwn~toma in wcd aawi.~ory non thdl b~ea+w dw ~nd WYaW~ Iad+vnM~ a N~Nfew a~ ~M oW~on W tM Maty~y~.
a/v~N ~nd coniobNly ~ ii af1 ~9Y~~WN ww o! w~ary wu aip~n~lb uyw4t~d w E~ w~d on suc~ d~Y. ~nYMin~ ie ~~id o~a~iswr~r nW~ w 1wr~in ~o tM
coMtMy notwulpqndnq.
Te d~livM M u1d Mor1MpN. ow p l~fa~ lMucA ISIA e/ NcA Y~M. N: npiph ~vidw+c~rq 1M O~Y~~ 01 ~ii I~wfvlly ieww~d i~aM fa 1M W~adie9
uhndw tn~. w d~ti~wr w s~W Mor~p~y~a, r~roh ev~dwa:no ~M wr~+t o1 ~11 li~ to~ p~Wic MrcMin Nn~M (001 dpn ~IN~ ~M anr Jw11 bcew»
dw ~nd MY~. ~wd M WY w di~dwy~ within tiew*I Q+11~ dNr dw d~N. M~ rwi ~11 povM, Nwin1 1 Iw~M tlwl may b~ nwd~ on 1M w~a~OW~d M~.
on d~ warqap~ a iwM. a M arw oNw r„r ryuUieq fraw ~M AAatyp~ 1nd~bNdnea ~~cw~d SY rAis mo.~Y+Yr. ~nd il Mii cond~~iaw b~ na eawO~Ni w~~A ~nd pa.
lwww~l. ~aW wio~~YN Mll oMl wd~ w~w a~vnr wA~tA ~MII Eaony wN of /A~ d~bt Nca~d by N~:s wan~q~. ~nd ~M11 E~ lnMrN~ H Nw r~h ol ~Ia pp t~nl.
ceX) o« .~?~~w ar+b+. ~-w~w~ti ww~i o.w o? u~e Mo.ro.o•• ~•y •~.c+ +~H s«d ~w.p.9. d.a ~M.«~aa? e«ea~. dw .~d ar•b+. ~or~w~M.
9. It b/w+Mr cownwu~d ~nd iqrNd Sy wid pw~ia tM~ ie ~M ww+t ol • sui~ bi:nq inp:wad a Iw~clw~ Mii wwrp~q~. M» MortppK i1y11 b~ ~n~i~Nd ~o
+~whl N+iw eiwr p~nd'wq sud~ for~clo?w~ wN N Nr ca~t MvinY iwi~ction ~hNw/ for rM ~ppoinm+~nt d• r~ceiw oI ~11 r~d dnputw Mr
~9+9~ P~~hi.
~nd of ~U Ny r~ne~. ieea~w, v~ofin. fuw~ M+d ~~w~w~ Ywepf. frow wM~o~w wwe~ daiwd: ~nd tMnwon i~ h Mr~y ~apN~1y eovrnam~d ~nd prNd
Mw d» couA Jwll forM+wiM NqeiM ~ hc+ivN et w1d iwwtp~9~d P~~N. ~u ~nd ~inpular. ~nd of wch nnb. incaw~~. wo1~h. 4suN snd rewnw Nw~o1. fraw
wi~nwvrr sow~n dpiv~d. wF~A ~M w++d io+w~rs and dwi~s o1 nc~iv~ra in GL~ c~NS: ~nd ~ucA ~voo~n~n~n~ ~II ~ nwd~ by sud~ cowt a• nynw of s»ic~ riyA1
b IM MorlypN iM wu~?iati ~pd rpnwmatiw a~uiym, and wiMwN ~ef~r~ b d» ~d~qu~cY a Mydpwcy oi IM vdw ef ~M P~op~~Y ~~Y ^a+?9~9~.
w a Mr wlv~ncr w iMOMncy ef M» Mapsqa. ind Nyr sucA rMt. ord~b. inco~ iuwi w~d rw~+wN ~Iwll b~ ppli~d A~r wd? naiw M Mr wrnNm of N+~
^+atp~0~ ~d~bNdr~w cosb ~nd d?K9M. +aadin0 fo dy ada o/ wd~ courl.
10. N~ eaw~r«~w sAovld E~ ~aad~ sy fM Mor/ppe? af IM yrenow~ Iw~in dewib~d, a MY P~ tM.~ol. wi~houl tM wri~n cawm o1 M~ Mwty~pN. ~nd
~ri~Ao~M aw~npe~a+ in ~pulr ~a~* 01 I~w by tM p~nM oi ~M ~W~ ~o ~h~ Moe~p~qN v~ahd Ey ~atd wantswry roN aed tNs iwatp~p~. Mw+. ~nd in +Mt
~wwe. ~nd N ~M op~iee ei Nr Mw~yp~~, Md wiMout no~it~. ~ su~wt o/ mon~~ wcvrsd l~eby sA~N iwrn~Maky w~d cencu?nnty wiM wcA convwanu baowr
du~ ~nd wY~ON ~nd i~ d~(wh.
11. iA~~ te d?~ ~vaM d~ p«siNS lwreby w~orp~Y~d «+M~ P~ t1ww1. J~all M cond~nrwd ~nd bk~n fa puWit uN Mr pow~r o1 Mrn~m doeuin.
1iy Morfy~~ ~11 Aav~ MM rioM te dwwr~d Mat NI d~wypp award~d for 1h~ hkirq of « drw~pp b Nid W«ni~ ~MII b~ wid ro IM Mort
tMn unWid on Mra wonp~y~ and ~t 1M aption oi IM Ma~9+~ iyt/ b~ ~ppiiNd trpow dw paynwnb Ip1 WY~6b tA~non. 0~9» W b Nr M?a+nt
12. iM aarq~qer b~nd~ Iraw~H nw w~ner o? pwnwt a b~ ~«wd ~nr M.v bu~Id~nqs on 1M W~w~iw Mnin ~watp~y~d or to ~dd b o? O~?mi1 b A~ ~dded
a~nY eI N» ~:i~tin0 imo?ewernb rAw~on or m~k~ ~wp cA~+yM a~lpr~t:aa In Nid imp.w~w~w~h wAid? nyNri~lly ch~np~ tlw s~ a MN .us~ ~Mrwf. w~N+ow
1M vrrilqn eona«N ef IM AI1otlq~pN. and In tlw e~r~nt oF ~nY vid~tiow er ~tlanq b violaN this stepul~tion~hi~ n~wlq~y~ snd sll suau s~tw~d Mnby aMll isr
~Y b~cw» du~ Md coiNctibb N IM oplion Of /M Mwfp~~w.
ll. U ia ~p~cif~cwlly ~prNd ~haf ti~ b of ~M ~as~nc~ 01 dw conk~tt and fAat ra w~iwr ot +Mr ob:iq~r~on hK~r w e! fM ablipNion f~cwsd Mr~Mr shall N~r
tcn» b~ Mtd b A~ • w~iw o( tM Urnu Me~of a of Mw +meruwwM s~evr~d M.~by.
1!. 11 foneloaue~ proeN6nps ol any s~eond mafp~y~ w weend tnnt dMd or ~ny iwuor li~n oI anr kind shwld 4~ inuiwted ~M Monpi~ m~r. ~e i4 oW~on.
i~nnrd~aly er tA~rpiM d~clan Miis w+e~tpip~ and ~M indaONdrwa s~cwed Mr~dY dw ~nd pay~01~ iaMwid4 and ~y st ia ove~on aoc~ed w fa~clos~ Mis
~~V~Y~•
1S. To tM ~ihm o~ ~M ~d~bNdnp~ M t!» Mortp~pw b tM Nla~~qN dnu~Md M+ein or s~cv~~d hK~btl ~M Mw~ppe~ is I+K~bp tubroq~Nd ?o tM lien a
liau r~d b d» riyAb of IM own~n ~nd MldKS tMrwf of ~~cA a~d Mry ~nor~g~y~ li~n or aMr incwebr+ncr on N» (r+d dacr~Md Iwr~in which is p~id ~nd/or
~tis/i~d 'a~ wlwl~ or in prt ov~ of tM o~oced~ of Nr loan d~scr.EM Mr~in or s~cwed MrebY. ~nd ~M ~eip~di.r~ I:~m of u~d a~wey+9~s. ~i~ns a othsr ~ncv~nbwrces
~MII b~ and /M. uwr and wd~ o~ fMm MtebY ia C?~d and dwll pps to ~nd ~ AeW b'Y Nr Mortp~qN Mnin a wcurify tw fM ind~bNdn~u b 1M Mor~qayN
Mn;n describ~d w hereby s~cwed. to ~M sa~w~ e¦xnt Nw «rould hav. b..~ p.•s....d ~nd woutd Aav. b.en pa,wJ ~o snd ~+.n h.Id qr ~h. Mor+p.p.. h.d i~ been
duM and rpularM asipr»d, tramhn~d. aN ovw ~nd d~liverW w~a Mi Mwtq~9w by s~v+~ah d~~d oi ~asiqrn~nt noh~r~tFuUnd~np th~ fxt rAa~ tM s~ mrY be
u?isfyd ~nd cancdbd p{ r~cord, it b~:np M~ inpnt~on of tM p~rtees MrNe Mat M~ sam~ w~l1 b~ ~stisfied ~nd csnc~INd of recad by tAe holders tt~~of at a~bove
rM ti+w~ of N+~ nead'inq o/ N~ii rmnpry~. • . -
16. lo pay aN ~nd s~nq~lar~ rhe cosn, ctiuqes and eapena~, .rKludng tawrer's fees, rcawn~blr .ncwred w paid a~ ~ny r.me by ~he Mp~q~qee. becauat of H,e
ta.!~r~ of rh~ Mprtyaqu to p~rfam, comply w~~h ~ ~b,de by eKh and ~rery cAe snp~,la~wna. spre~menri. cond~~ons. a~d covena~y ol s~~d pom~s~ay np~e ~nd ~hn
deed. p e~rhe~. snd eve~y svcA parrnMrs sMll beu ~n~e~eu /rpn dare a~ ~Ae r~re pov~ded ~n sa~d prom.asorr ~o~e.
17. Wlw+ +er'in~o~r~N d~y te E~ wid M~ Mor~p~qo? b N~ Morfq~qN w~d~? M» tNrm M.wf sh+ll b~ ie d~fwlt. a sho„1d tf» Mona~yor d~iwh ~n
•ny of tM otlw Nnm, peviiip~s a c~tioro of N+is Mwt9p~, tMn ~nd in tha~ u~ ~he Mw~qape~ ah~ll h~vr Nr ripM, widwut not;ce to Me Mon~yw, to
coltect ~nd r~nivs tro~ My t~nt a Iaw~ of wid rnptqprd pewdsu Nr r~nb. iuws and pof~h of ~M rwl e~qN her~b'f~ mor~payaA and tM iTproveen~Ms
eMraon, a~d fo 9ivr vropu rec~iWs ~nd +cquinancti tMretor. ~nd afw wYpw •11 com.n~ss~oro of any r~mal ~pent colkctieq rl» fame. u~d +nY r~ason~bM snorney's
I~+s +nd oMw mceuuy ~sprues incwred iw cdbctinp san~. ro apply th~ poceeds of such colkcr~ona upon ~nY indeW~dness, obliy~t:on a liabiliey. of fhe
Ma+tq~por ha..undv. 'IM riyAt qranred ~M Map~p~e N,~s p~r~qr~ph sAa11 b~ in additwn w, and sh.ll na Gwwf a r~sn~ce. ~ny aMr r~pAr w riqha q.ru~d
rM Mw1p~pN in thia Monp~q~. ,
la. If tM Mwlppon at tM t~nr o} nukinp this Mortqp~ a wbsp~wN tMnro t~b out G/~ irouraac~ d~s:qnatirp t1» AAorly~pM Anein b ba+efi~tary with a
~°^~D+hY MDroved bp tM Maf9+~ w astipr pol:c:es a Me lYbrfq~qN lor eh~ purpos~ o! secwinp fh~ rnortp~y~ lor~ Iw~~by secw~d. Nwn tFr Mafp~q~~ iMll
have tM ripM b P+Y MY ptrniwn aa+uinp ~nd~r s~id Po~iciea. ~nd dl tww~ ta eaW~d~d shall b~ add~d w~nd b~can~ a part of /h~ pinciWl indebtedmss s~cureA
by N~ia Mwtyap~ Md sMtl b~ paid by dw Mw~p~ypr to t!~ Abrf~ayN M fw~tw pwl conaecviiv~ v~onMly iiaqlMNnp. ~M fint monp~ly «utall.ew~t a b~ wid as s
pan ot end in adfiifion a tlr monNJy WY~n~n~ dw u~dar tAis Nbrty~y~ in fh~ iint ul~nd~r monM fdlow:np dw ~ap~ndinq of said swn. Sud~ sunn so e.pended
ro beu intKest ~t tM r~M ~t which inMres~ is pry~bb tipon ~aid printipd ind~ptedness ~nd tA~ I:~e~ of q+is Mortqap~ sha11 ~atend b~nd s~arr~ tM swm w c:pee~ded
roguhtr witA inNrut ~hK~on a he?anb~fon W~+rid~d.
19. ?Aaf foOeNw~ ~ri1L a~d 'w add'dio~ b IM ~owti~lr par~ewt o( priecipd oad iatsresf pofo6le rnd~r tl~t leras oF tht woN ~ecvrtd he~ebr. Ab?~yoqor
ihatl pop to Mw1~ap~~ ~eci~ wos1A w~i ~oid aW~ is frpp psid, ow-lwelfl6 (1 /121 of o ww prol w Nw awural p~~wi~ dw Fo~ fi.~. eatended co.erope.
end o11~r 6o:ord iwwrowq oowriwp Iw ~xtqo{Nd Prop~rtp. Phr~ loaes ad asseswwb w~it dw ow t!r woNyoy~d ProPKb (all os ~stnaohd bp Mwqoyee)
less oN sws drsodp poid ewrder, wd b b~ d'nrided bp f!» nr~ber oF wontlis to elops~ priw ~o tl» doN ~6tw wd~ ~e~us owd owsswewb shoN becon~e
dtliwqwnl. Soid w~t s1~aN b~ Mld d/ Mwlqopw iw Nosf et a~diled b tM prNitipol of tl~ baw, b pop foid i~ww~p. w.~s. awd otNSSr~nb and shoq
' bs opplied o~ tlw pap~awt fM~~d wMw dw. Asp eaoess Aetd ia n~nt b~r Abrtpoq~e wGea soid ioaw is psid i~ IaN ~I~aM br poid w Mortqopw, or his
cuig~n, o? penowd r~p~~wtoti,r~s. 1~ H» ~wnt d o d~torlt w f««los~e, soid sv~s hdd iw hest ~wp be appl;~d cw awp ooqs of dowoy~s ws~oieed in
conn~ctiow ~itl~ IM aolbt~ow of 1A~ wo1~ pa+r~d br~bp ~rlnNu~ bp srit, fw~dosYte. w Wl~er~ise_ Morqap~~ ~of fro~ 1i~e b tiwe a1 its optan vnaive.
and afM~ aw~r t~tM ira"rvw, ~ei~sbM owy or d prwaiows her~of r*qviring srcb d~posits bp wtiu b Mwt~w iw ~iliey. WA~ wr such woire~ is in
af(~cf. MoetOopo~ shall par foaN, assesfne~h and iwa~ronc~ pre~iv~s os her~in tlsewhtre prmided.
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~ IH WIiNESS Wi1ECEdF, IM sdd A{orp~ypr Mrw~nq Np Ah 1ww1 ~nd s~rl fAis th~ dyr and ~r fint a4w~ wriM~n.
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