HomeMy WebLinkAbout0068 7. 1f v~y ef Nr ~ww~ ef momy Mr~in ~dNnd ~e ~ no1 O~eniP~h ~nd Fulh w~d wi~Ain ~Aiih/ l30) dqn n~,~ dew Nw +ww~ Nv~~~lly Mcowr d:h w~e wY~bH.
e. N~ad~ «+d ~vwy iM u~w+4~~aw +w~~++. cond~~~on~. w~d cow~+.nK d.~cd ao~w~~wry .~d ~w.~o.o.. a~~rM.. a• na d~h v«~«n+~d. caw~~~d
witA w~d ~bid~d OY. tM MYrp~N ~ww mw~tan~d in ~aid WowwuaY i+o» ~MN beca+r dw ~nd o~1r~bM faMwi~A a ~MrNIN~ N N» op~~on ol N» Morty~yN.
a fully and co~oMNb a if s~id pyrp~» ~ww ol naMy wa aiyin~lly s~ipu4t~d a E~ w~d on wcA d~Y. aiw*~v tn uiA o~ow~l~sory ew~ w Mr~in a tM .
ca?nvy ee~wi~Ast~ndF~p. •
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To d~liv~r le s~id Allwp~qN. ow p btfon N4rcA 1S1A o1 wcA Y~ar. ba ~~ipb wid~~cino 1M WY~~ of ~11 I~whrlly inpoNd t~aw /w IM O~K~nO
t~l~wd~r pNr. b d~livrr 1s Nid Mw?y~pN, nniph widte~einy Nw p~Ywwnt of ~11 li~ry tor publie iw~prov~nw~N w:M~ie nin~hr (i0) d~y~ a1N~ tM ~un~ J~al) aeowN
aw .~a ow•sw, .~s a ar a diu?w?9~ wiN?in dmM (00) d~w ~fNr dw d~N. ~nY ~nd dl pw~rn~md Iw~~s ~MI ~r b~ nrd~ oe MN ~na~v~v~d orooMM.
on Yrt n~atq~a a ~wN. a ie ~ny Wlw w~y r~suhwq iron~ Nw Mor~y~q~ ind~bNdn~a s~tw~d ~1I N+1~ nwrpapr, ~nd if Mit condition 0~ not coeip~i~d wi~A and pa.
}ww»d„ wid nwrp~p» iw~y p~y sucA ~wn a ~w+r wAicA ~Mll Secaim pan of ~A~ d~b~ ucwed by Mia a~wty~p~. ~nd ~MII b~a~ inNrwl ~t N» r~N ol ~ia pw c«u.
fs%) vM «~nuwi, ar.b4 ~awi-~nnwlly until WW a uld Ma~9+9N T+Y ~I~ct MN uid narfp~p~ deb ~apon b~cony dw ~nd WY~bN tatAvrith.
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9. U i~ iwNw co+~MnNd w+d +wMd Mi ~aid p~ni~s thN in tM w~~ of ~~uit b~inq inst~hn~d ro iw~clot~ Mis nw~fq~q~, M~ Mwta9M ~Aall M«u~tMd w
~pply N any tiwy p~nd':ny ~ucA ~oncbaw~ wi~ a~ court h~vMO ivriK6ction ~Aw~of fa tM waaru~w~nt of a ncNw? of ~11 M+d siiqu4r ~M mortp~qed w~hl.
ind o1 ~8 rM nnb. lncanya O~o/it~. iaw~ M+d nv~nw~ Mw~o1. fran wl+~twwa ~owc~ daiv~d: ~nd M~a~uaa+ i~ h h~nbr ~,p~~uN cown~npd ~nd prNd
~Mt tM cour~ ~Adl for~hviri~A appoinl ~ nc~ivM of wid nartyaq~d pow~ty. all ~nd ~inpu4r. ~nd o! such ~+b. inconr~. pafib, fasua ad nv~nw N~~d. baw
wMne~vw wurcy dMiwd. wi~h /M wwl Oov?r~ ~nd dutia o1 r~c~:v~n in Gk~ ua~s: ~nd wc~ ao0o~n~~n1 ~MII b~ nwd~ b1l ~uch cow~ a•~n~. 01 ~~.icf ripAl i
W ~M Mortp~yN. iM urocwsas. ~pd r~~+~ivw a u?iqro. ~nd wi~haN ~~}M~nn b Nr ~d~wucy w Mud~qu~cy eI IA~ v~lw o1 N» woPNh Iw~bY ~natW9~4
a te ~M wiwncy o~ i~+wMncY o! Nr Map~oa. ~nd ~Mt sud+ ~aM. VrofiN. inconr. iwua wd nwiww aMll b~ ~ppli~d br ~ud? nc~ivM b N+~ wrm~m ol tA~
~WY~ ~b cosb ~nd dwqM, accw0iiq b t1» ad~r o/ wd~ cwrt. ~
10. If ~ conv~r~ sAwld b~ w~d~ Mi ~M Maq~qo~ of Nw orNni~ h~nin describ~d. w~nr a+N Nrr~o/. wid+a~ rM wrrin~n caueM of tM MorW~YN. +~d ~
~rilAou~ ~uwnption M rpu4r fwa of I~+r btr ~M prw+a~ oi ~M eWiy~tion ro d+~ MorfWpN aN»d by uid pawisarll noN w~d Mis n~w~Wq~. M+~n. ~nd in tMt
w~nt. ~nd N N» aWien e( NN Morlay~. and wi~Aoa naic~. ~II ~w~r of ~narY acw~d Mr~M sMll iwn~hM ~nd concwr~uy wiM sucA conwyant~ acow» ~
du~ ~nd MY+~ ~nd in d~fwlf. ~
11. 1Mt in ~M evwu tM w~s~s MnM ~9+9~. « MY w?~ tMrwl. ~h~ll b~ condenrwd w~d bk«+ for Pub~k us~ w+d~r N» poww of «win«+t dow~~in, ~
Nr Allwp~oM ~Mtl Mw tM riqh~ w d«w~d Mat ~II d~~a aw«d.d fa. ~ a4'aq of or dan+.y~. a~d w«ti~su .Iu11 a p.~d a M» Mony.p.. up ro M. ~nainl
Mrw ww~d on N~it war+a.a and N d~. opan of iM Mony.qM ~nw b~ wo~»d ~aoe Nr arina+a lat p.y~bN Nw~on.
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12. TM niorty~pw b~ndt hiea~H not b~?~ct a paiwit ro b~ ~r~ct~d a~r n~w Du~ld~+q~ on tM p~~iaM Mn7n rnw?y~q~d a w~dd b W pwm:1 b b~ ~ddrd ~
b MW of el» ~:istNq imwov+n~na tMr~on a m~k~ ~ny ehanyN a~lN~~fion~ in said imqov~n»nb whid? nrNri~llp eMny~ tM sany w M» us~ eMr~o/, w~Nau1
IM writNn coewN d tM AAo?p~pN. ~nd in tM w~nt of ~nY vio4tion w~n«np~ ~o vio4N ~hi~ fr~pv4tion this n~afp~p~ ~nd all sums ~~cw~d I+K~EY fMll ier
~Nly b~taM dw and tolbtt.bM N tM option of tM Morlp~pN.
13. N h w.c~rK.ur +~.«d d+.~ e~~. i• d~r~...s«+c• or ~s eo~~.,a a~d ~n.~ ra w~iver of ~nY oblp~tan Iwwndw w oi M~ osliq~tion s~cvr~d 1Kr~by ahall ~t any
Nnr b~ Mld 1e b~ a waiw o! tM wnu hww! a of N» imnun~Mt a~cw~d AK~by_
11. If fonclo?w~ proc~d'inpa ei ~nY ~Y~9~ ~ s~cohd t~ust de«i or ~nr iwww lien o/ any kind ~hould b~ imtitvud. tM lYlwtp~Qee ~Y. ~t in op~~on, ~
imwrdiaNly a dwNfter d~clne tAis mort~ and t!~ ind~bhM~u aacw~d Mr~by dw ~nd p~yaEl~ for~Awidy ~nd nry p i» option peoc~ed ~o fwectwl tAi~ 3
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1S. To tM uNM o! q» ind~bNdm» of tM Mw~y~yw a tM Mw~qaye~ dnaiMd huein a ucw~d Mreby ~M Mortp~pe~ is Mreby subrog~~ed w tM lien ar
li~ns ~nd to Nr riqhb of dr own~n and holden tMreof of ~~ch ~nd ~y mw~g~y~ lien w aher incwnbrwrc~ on tl» I~nd dhaib~d hK~in which is Wid uNVw
s~tisfi~d in wAoN o~ in parf out of M~ proce~da ol ~M loan describ~d IKr~in w sic~red h~reEy. ~nd Nr reap~ctivt liur of uid morty~yet. lie~f w oth~r ~eic~~*br~nces
•hstl b~ aed tM.wra ~nd wch of tl~n herebr ia p~a~rved and ~q pus a~nd b~ 1rW M~ ~M Mor~pp~~ Mrwn a acurih fa th~ ind~W~drws~ to N» Mony~qw
Mnin dacrib~d a hereEy Ncvr~d. a Nv sarn~ ~,rent rMt it wwld haw been pr~se*wd +ed wou~d h~w b~en p~awJ a ~nd bMn MM bp ~M Monp~y» had it been
duly and ~pulary q~iq~d. n~nsf~rc~d. aN owr ~nd ddivN~d unro tM Mort4+9K M~~v+~~N de~d of ~uiprrrrnt notw~~Fut~ndinp rM fxt tMt tM sw~r ~Y be :
aatisfwd ~nd c~ncdbd d~~cord. it bepq tM ina~uon of tM partNS her~to d~at M~ um~ will b~ ~unfied ~nd canalbd of r~cwd py !M Adden tMr~of a~ a~bout ~
~M tinr of the ncwdinq o( Mis mwtprq~. ~
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16. to wr ~II and a~nyulu Nx cos~s. charges ~nd eapens~s. ~nclud~nq lawyer's (e~s. rusonably ~ocwred a w~d a~ anr ~~me br ehe Mwrqaqee. Cecauae oi ~he ~
i~~lu.e of ~he Monq~qo. ro pafw~+. carply w:tl+ a~d abd~ by exh ~nd ~rry ~Ae u~pula~.ona. iyeer.Knts. cond~~~o~s. ~nd cownan~s of sa~d w~+~+swy no~e u+d rA~s
decd. a enher. ~.d eve.y sucA p~rmenea sMll Eea~ inlNMt /rom d~~e at HK ra~e aov~ded ~n s~id prom~sswr ~o?e.
17. VYh~n ~rry ~mw~M of a~oerY M b~ W~d bY Ih~ Nbrtp~9o? b 1M /iAorW~9N wdw ~M ferm~ Mrwf ahall M in d~fwM, a sAovld t!r MwtW9or de(~vM in
any of tM aMr Nnm, provisans a condtiom o! Nws Mwpay~. ~Mn ~nd in ~h~~ us~ tM Mor~pape~ sh~ll Mv~ th~ ripht, withoot no~~n w Me Mor~p~yw. w
colkd snd r~ceiv~ irom wry Nn~nt or lessw of said ~nortpaq~d penwwa 1M r~nb, issws and ~ofin of N» rwl ~sNH her~by nwrp~pd ~nd tM irwyrwmnen»
rMrwn. and b pve popw rK~ipls ~nd ~cq~in~nces thasfor, w~d sf~er p~riny all ca.aussioro oi aMr ~~nbl ~q~nf colbctieg rM fame. and ~ny rtuon~ble Ntorneys •
f~es and odw ~uy ~ap~nsh incu~rr~d in colbttirq ~s~. ro ~pply tM poceeds of such colkct~ons upon anY ind~M~dnea~. obliq~tion or li~bility, of eM ~
AAortq~yw Aar~und~e. ilr riyAt qan?ed tM Mwp~qM ued„ Mrs pvpraph +Aaq b~ ie add~tim to. and shall not liwit or rphict. a~y Whw riyM w riqhh 9r~nted ~
, ~M Mwq~pN in this Map~q~.
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~ lt_' Ii tM Mor~ppwa N tM ti~ o/ nKkinp rhis Monyp~ o~ subspiwnt NKr~to t~t~ «n l~f~ imwaec~ dniynatin0 ~M Mortp~pN hersin u beneiici~y with •
' ~omv+~Y +DD?oned Ey Nr MlortpaqN or usipm policies w N» Mortg~yN fw tA~ pu~rpos~ of secwinp N» ~nwty~p~ lou+ her~Y stcur~d, t1+en Mr Mwtpap~~ sM1t ~
f l+ave N+. .:qne ro wr +~w v~•auwn aoc.virro w+d.. ..~d aa~.s. ~nd all sums so esoend~d sMll b~ add~d w ~nd bconr • WN of ~M P~incipN :ndeWedn~ss s~cw~d
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s by Mis Morpp~ and ~hsll M paid br tM Mortq~ya ro fh~ Mw~yaqee in tw~M pwl cornacv~ive monMily irntal4nants, tM tint monMly imtdlm~M fo b~ paid n•
part of end in ~ddition to dr mon~hfy pay~n~nt du~ undw thi~ Morty~qe in tM fint c~lenda montA follow:np tM ~span~q of said sum. Such sums so ~ap~nded
~ to beu :M~rest tl th~ r~t~ ~t ~wl~ich inte~pt is pyaW~ upon uid pinc:pal indtb~~~s ud th~ lie~ of tAis Mortp~q~ Jwll ~atend b snd secvn tlr suins w capended
~ toq~r:+er wiM inta~at ~AM~on ~s Aer~mbefa~ praridd.
~ 19. Tl~ot toyMber ~rit~ awd iw odditiow b IIK ~onMhr po~r~ent of priwcipol ond ieterest poyoble ~nd~r d~e Nr~ d 11ie wob secured I~rebr, Mortqopor ~
z sholl pap b AAwtpoOM exA ~1? owfi toid wh is fYlip puid, owe•lwelhl~ ~1 /14) of o so~ pYal b Nw ow~val prerw dw (or fire, e¦tended coverope, ~
~ end o16er b:ard iwsurance cowri~Y ~YaY~ M~~1'• P~us t~es wd oaessaewls w~~ct dre ow /M worloo0«I prop~ry (od os tati~oMd br Mwpope~)
~ t~ss dl wws drwdr poid IMrder..awd ~o b~ d'nid~d by ~M nu~b~r of ~owths b~lap~ p.:w ~o ~M doN ~r6ew wd~ 1s~~s owd awswwrs sAdl becoss
ddieqwnt. Soid sn~s si~op b~ I»W bp Mwgo~~ iw trust o? a~dihd b Nie priwcipd oI tM baw, ro pop soid i~wrawu. w=~s, owd oa+eu~ewta ond ~Aall ;
~ b~ opplied w fM pop~t tMr~of wl~ew dw_ Mp ~ace~s iNW iw x~rst b~r Mo~oq~~ vMa soid baw is paid lw Edl sboN b~ paid b Mortyopor. w 4is ~
~ ouip~s, w pKw~d n-raewbtives. Iw tlr ~t of o d~fo~lt or fuedosw~, soid w~s INId iw h~t woy be appli~d ow onr co~ts of do~opK wstoiwed in ?
~ coan~c~ion ~ritb e4 ood~ctiow of ~M wow ~eorred 4rebp v~tlw. bp sirie, fwtdowr~. o~ otlw~rr6e. Morqop~e ~v~r f~ ~ w en~~ w its opYan raire, i
and ofNr awy srcM• woiwr. ~~inNoM owp or a~ p~o+isiows Aer~ol rp~irip such d~posils, 6~ wotic~ b AAortyopw w wrifiwo. W6d~ owr ~ucb ao"ner is in
•Hecf, lYlort9oyor shoN pop f~p, ossess~ewfs ond inswonce pr~iu~s ot i~er~iw dse+lKre previded.
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~ !N WIiNESS We1EREOf, tM s~id JlAorty~pa M?wmb sN~ hb h~nd ~nd swl this M» dq~ ~nd pN? fint ~oN writNO.
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