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HomeMy WebLinkAbout0120 • _ _ • _ _ • , . 7. If ~ny ef th~ wwr ef moM1? r~IMr~d N A~ ne1 Oro~01M ~nd hrlM PWd witlwn MiHY q01 d~11~ Ma1 ~fNr N» fa~ ~r~llp,b~toiw~ d~ w~d WY~bh. er 1f ud~ w+d ~w~? ~ N~pvl~tiom. p~MwrnM. condr~aw w~ cow~w?M of. ~~id wom:~w+y noN ~nd ~his ~wo?typ~. w~~drr. na duN v«t«nK0. conio~~~d wAA N+d ~pid~d SY. ~M Www+» ~ww m~~iomd in a~id w~+w~r noh ~MII b~caw~ dw ~nd o~r~M fwMwi~A a MpNlw N N» apliw~ ol d» Mo.tp~pM. wihr «~a cawb»hr w if Nid ~ypr.y.h su~ ol n+on.r wM «+p~n~Iw ~hp„I.~.d a b~ a~d on ~~ch d.y. ~nr+Mno ~n ~.td aawbwry noN a Aar~tw a M» conM~ry ne~wiYrundiev. • , To d~livK ~e NW Mor~apM. ow er O~iw~ MucA ISM o/ wcA wu. u¦ rewipM wibncieq N» WYn~M d~11 I~wfvlly i~Ow~A t~aM 10~ Nr W~c~dinq c~hndr tn+4 1o ddivw a s~W Mor~p~qsa, r~c~:cb widw~c~np Nr wrw»n~ ef ~11 IiMa to1~ Oublic impowwrnts wi~Ain ninNp (90) d~r+ afh~ N» ~un~ ~MII b~caw» dw ar•sM. «~e a WY a di~clwp~ wi~hin ninNY (90) d~~rs ~ftw dw d~N. ~wY w~d ~11 pov~rnnw~al Nvw„ eM~ ~y A~ ~wad~ on N» nar~yp~d vrooMM. p~ IN~ ~narp~q~ w~qM, a in ~r WhK w~y raul~ino froa~ ~M 1Nortp~y~ 4+d~bNdn~ss ~~cw~d ~r Mws na~tyaqJ w~d ii Mi~ cond~tion b~ nw cawpli~d with ~nd pa- lpnwd. Nfd iwwlp~pN eMy WY wcA ~un~ or w1~it1~ ~hall EKOny DMt ol tA~ d~b~ Nt~x~d Ap Mis ww~tp~q~. and sMll b~M iatMN/ N 1M r~N ol t7a ~N t~nt. tSn1 DK ~Rn~. OW~bM ~wi-wM~lh un~il p~id or uiA Mor~W9M nwY ~bct ~AN u:d ~nwty~p~ deW MKa+pow baony du~ and P+Y~EN tatAwiM. 9. N b fv~lw eo+wwN~d ~nd +9rMd EY asid pwtia Nr~ in tM ~wwt ef •~uit b~iny ieutiwNd a fa~clw~ Mis warlq~q~. M~ MatWy~e ~hall b~ ~nti~Nd w ~pp1y N~r tir andip wd~ faubwr~ wh 1o M» caun MvMO HuiaJctan M~reo1 tor tM Wo~~~ d•~~ivw of NI ~nd sinpulw ~M na~tWY~d poP~?~1I. : w~d e1 ~M tM n~. tncww~s. o~ofih, iuws ~nd nv~~a tlw~of. i~ow~ wM~ww+~ sowc~ dniwdj and d~.~woe i~ N Mr~b~r •¦pa~h? oown~nud M+d prMd . ~Mt rM ca~ Jrll faMwi~A ~ppow • nc~iwr of wld narW~9~d paw~M. ~11 and sinqul~?. ~nd of sucA w~t~. ~ncoww~. wofih, i~wM ~ed nwnw Nwwf. iraw wMno~w~ waa dwMd. wiM tlw uswl o~~ ~nd d»ia et nc~iv+n in lik~ us~~: ~nd sud~ +ooo~n~nwnl aMll b~ rn+d~ b1l such cowt u•~nata. of ~xic~ riqA1 ; b Mr AAor~, iM woewson. ~1 npns~+tiwa er auioro. and wi~lw~n ~~fa«+e~ a~+d~v~++a o~ iMd~qnetl 01 ~M v~lw oI N» w~M Mr~M ~waeq~~d„ : a ts M~ wlvMCY a Yao~wncy of ~ Ma~y~ya. and MN sud+ ~~M. v?o1iM. irKO~. iasws w~d r~~«ww sMll b~ apoli~d M sud~ r~cNVw a Nw P~Yment of ~M nqrly~y~ ied~lNdiwaM cosb ~nd dw9~M ~aord~n9 a 11» ad~r of wd~ tow1. ; 10. N~ conNYSna d~ould b~ ~d~ Ay M» Mo?q~ow of N» pNnts~a Mnin dnvib~d. or ~et? o+~ tl+wwf. w~uw~h Nw wi~wn conwn~ of ~M Mor~Wq~. and wi1AaA ~sw~np~on M? nWln 1aw o/ Inr by ~ yan1M e/ 1M oWtq~liow b fA~ MwlyaqN cr~sNd b~r a~id Wow~iswrY neN ~nd Mi~ w~at9~9~. 1Mn. +~+d in ~Mt wwM. r+d ~t ~M oWion e1 M» Mwtpp». ~?d wiMw~r1 noeK~. ~tl sw~r d morrY weur~d MnbY ~MII ierw~di~»y ~nd eewtwneuy wiM ~ueA eonwy~nu b~eowr dw ~nd P~1Nbb and in ddwh. " : ~ ~M1 ~/1 1~M fVlM I~M O~M111fff ~IMfdy T0~9~9~. OI M~Y W~1 1~Mf~0~~ iti~~) ~ COI1f~f~~d M~ t~M tOf PYe~1t YN {MI~1 I~M pOwN O~ MMMA1 dO1Mlf1~ . ~M Mo~fq~y~ ~Aall I~av~ Nr ripM a d~w~nd Nwt ~11 drw~qn awa.d~d fw N» takinp of « da~n.q~. a wd p«w~a.s .h.11 b~ w~d a Nw Ma+y~y~. up ro Nn «waM~ 1Mn uep~id m Mk maqp~ ~nd ~t ~M qMian of fM Mat9~~ ~Y ~~oo~Nd ~P~ ~M wYnwnb fasl pay~ON Mw~on. ' t 12. TA~ rnaty~pw binda Ainu~M nw to ~r~ct a pu~.it ro b~ «~ct~d +rW Mw luildinqa on tM w~+su hw~iw morp~p~d a to ~dd b or w~mi? io b~ ~dd~d ~ b ah? ef fM ~iistinp hnWO~n~nH ~Iw~on w awb ~r chanpN o~ ~INrNam in uid imaov~wynh whicA nrNri~lh~ chanY~ ~M wnr or fM us~ thwwf. w~Mw~ • M~ witNn eau~nt e1 /M MbnyWN, and in IM ~wM e1 ~nr vio4tan o~ ~nanW q violw tAis atipv4tion eNit ~W9~ ~eid all suwa ~~ew~d h~r~by ~MII in? M re~ely b~to~r dw ~nd colbtt~bN N IM aption d ~M Mat9~p~• ~ i i 13. M it w~cifically ~yrNd tM~ ti~ h~ ~M ~~nc~ of Mws contwd ~nd tM~ no w~iver ol any ob:ip~tion Mrwndu or of Nw oWip~~ion ucu~ed ha~bY ~~II a~ ~nY i ~inr b~ Mld to b~ • w~iv~r of N» Nrwr Mnd w of N» imhwn~M s~cw~d Mr~btr. ~ ? t 14. It fonclosun MocMdn9~ of any s~cond mw?9+9~ or s~cond trus~ d~~d o~ any iw~i~r li~n o/ any ta.d d~ould E~ irutitvt~d. tM Ma~o+~ m+Y. a~ iq cW~m. inrMdia?~y w N~N~Nr d~c4n fhif matW9~ and IM ixd~bf~dnas s~cu~~d M?~~ dw ~nd Wrabh forM~riqy ~nd ~y ~t ih oPtwn PocNd ro tonclof~ fAis j maty~p~- 1S. To tM tatM+t of dr ind~bader» of tM Morty~pa ~o ~M JMwtp~q~ dnv~bed Mr~in a ucw~d Aw~by ~M Mortpape~ is haeby subroq~~ed ro rM li~n w I~aro ~nd » tks rwhb of N+~ o~rerrs ~nd Aoldus Nwrw} of ~~cA ~nd wwY rnw~q~p~ lien w o~Mr innnnbwno~ an th~ 4nd dan'~b~d Mrein whisl~ if Wid ~nd/w atis(i~d in wlwb w in P~ ou~ of ~M o?oce~ds of Mw Iw~+ described haan w sec„~ed Mreby, and d» resp~ctivi liens of sa:d nw~~y~yes. 6~ns w a1+sr iaumbrances sl+~u b~ and dr_ wiu. and ~.d~ ot M«n h..eby is a~s.rwd and sM11 p.is w and M I?.1d br ~h. AAorrp.q.. Mr.in u s.n,ri+y fa Mr indebqdness ro ~A. A1w~p.0.. iu d.w~t»e «~.ey ..~.,..a. a N+. ..a„+ ~n.~ ~r wo„1d Mv~ Msn w~serwd and wa,1d hav~ b~a+ w~ui a ~nd b~+ hNd b~r ~M Mw~y~yN had ~r ~ i # duly snd rpu4ry asiyn~0, Mana(~rnd. sN owr ~nd deliwr~d una the Mw~yay» by s~pi~aa ded of ~uiqtin~nt notw~~hstardirp tM /xt ~M~ th~ au~w ~naY bs ~ satisfud and c~celNd o1 r~cord. i~ 6~inq ~M in~ent~on of tM part:~s F~eto tAat th~ sam~ w;ll b~ uti~(i~d ~nd curcdbd of record Ey .Nee holders tlKreof af w~bout ~ ~ tinw ~F ~ ntordeg o/ Mis nwrtp~p~. ~ • ' 's 16. To wr +Ir and s~eq~4t Me cos~s. cMrqea and e,penses. ~nt~vd~~q lawye.'s feea. ressonably ~ncorred or paid a~ ~nti r~me Dv ~Ae AAwrqsqea becaose oi Me t S 'a~lvre of rAe Moreq~gor ~o perFwm. canply w~th and sbide by exh and ~very the auou~a~~ons. s9re~+++ents. cond~~ons. ~nd covenanq ol u~d qom~ssory note •~d ~h~s Y deed. v ~~rh~r. and evnv aucA paym~nts sAa1i bex ~nrtn~~ frpn d~~e ar N~e r~~e prov~dcd ~n sa~d pom~sswv M+re. ~ fi 17. Wl+~n ~r MsaNN W ~nerry b b~ p~id bp Nr AAaty~OO? b tM AAor~p~q» wd~~ the ternu hw~o1 aMll b~ in d~i~ult, a shovld tM M1o.tp~yw d~fauh io ~ any of ~Fw mha Nrnu, povisions w ca+diriom oi Mis Ma~~, tFwn ~nd in fha~ us~ ~M Abr~y+ye+ sMtl Mw Nw riqM, wiMouf nwKe ~o ~M Mw~ya~. ~o co11M ~nd ~~ceiw lraw ~ny t~nr+t a IessN o1 aaid mor~p~ped pre~+is~s tM r~ros. iuuer snd prof~ts of tM rwl ~su~~ Iw~by nwrtp~yd. ~nd Nw :nwrovemenb rMr~on, u~d b y~v~ popK r~c~ipts and ~cqwn~ncys ~lw~for. ~nd a4tw paYi~y all canrv~ssions of ~ny r~ntd aqent col{~ctiny th~ s~ine. ~nd snY rtason~b~t ~naery i fees ~nd oMw nec~aasry ~:pwu~s incwr~d in cdlM'ug sarm. a apply tA~ proceeds ef s~ch colkct~om upon ~nY ind~M~dnes~, obliq~t:on a li~bility, o( tAe ; Mw~q~yw hueunder. ilr riyAt qr~nhd tM Morty~ya~ w~d~r this p~rpr~ph slu11 b~ en ~dduon ro, and sh~ll ra1 limit a ~~strict. ~nr oM~ riqhr or riyhq Q.~roed ~ th~ A~wfp~qN in ~hin Monqp~• ~ li. It tM Mortq~qwf at tlw tim~ of mskinq thia Mori9pe w subs~qu~nt tha~ro uk~ ow lii~ inswu~c~ d~aiyn~tinp tM Mwfys~ her~in p blMfK~YY w~th • ~ ~~Y MP«d bf~ fM Mortq~qN or ufi9ro polkies W 1M NlwtgsyM fw fh~ W?~P~~ of secwirp 1M ~nortp~q~ twn herebp secu~ed, then tM Mortq~yt~ sh~ll MP h~w tM rqht a p~r ~ny pra.niun~ ~ocrvioy und~r s~id polic:es. ~nd ~11 awns so ~ap~nded shsll b~ add~d ~o ~nd b~con» • pKt of Nw pincip~l ie~deWed.wa secur~d Ey fhis Morpap~ ~nd shNl b~ p~id bp tM Matp~qw to 1M Mortp~pe~ in tw~M pwl cons~cu~ive momAly insull~wenb. ~M fint rnoMAly i~qt~Il~ent ?o b~ psid n• put o{ end in ~ddition w tM rna+~hly qy~n~nr dw ~w~der tAis AAor~y~q~ in tht firs~ c~lendar rnonM followinp th~ ~:pendinq oi s~id sum. SucA wan so eapend~d i to be~r inarest N tM r~p it whicA interest is pap~bM upon s~id pincipal ind~bt~dnesa and tM I:en of this Mortyay~ sAall ~aNnd ro and a~cw~ th~ sums w espended k ~oq~tMr with inNr~st thwwn u her~~nStlw~ D~~d~d- s 19_ Tlat fo~Nl~ ~ ond is additiow b IM ~ow11~r Parw~nt of pri~cipol owd iaterM poyo6le ~wd~? 11K Mr~s d IIK wot~ secured IKr~br. Mortyayo~ ~ shdl po~r b Mo~a~~ ~oc~ ~f6 owti soid wW~ is fuNp poid. ow~-lrelftl~ (1/12) of o sYw pvol to fA~ ownwl prMiw dw (w fire, e:~ended coveroye, ~ ond otMr I~wd iww~onc~ co~eriwY 1iw ~o~paped P?opst~yr. P~vs ta:~s owd ass~ss~eeb ~e~ dw ow tM wwtyo0~d propKtp (oll os estiwated bp Mor~yope~) ~ I~ss aN wws alrwdr poid tbrdw. ond ?o b~ d'nid~d bp tl~ nuwbe~ oi ~owtl~s ro ~laps~ prio~ ~o tlM date nb~w sYCL toaes wd ossesweh s6a11 become ~ deliwqww~. Soid w~ slaN b~ I~Id bq MoHqoON iw traq o~ «edited b NK p?i~ciPd d Nw baw, b por soid iwwro~a, twc~s, ond assesweb a~d sholl b~ opplad o~ Hw po~ewt t?~?wf wlww dw. Awp ~ac~ss Iwld in trust bp MbrpoO~e whee wid bas is poid i~ frd slwN b~ poid w Mort9opo~, or 6is E u n, or ~totiws. 1~ ~M e~ent of o ddouh o~ fo~~dos~r~, wid w~s Mld iw trvst b~ »d ow g ~sq P~~d ~r aPP~~ ary cosft of do~opes susfoiaed ia ~ conn~etiow wi11~ tM tdbc~iw of tlr woN wcvred Lerebp ~rbelbe~ bp s~it, foredosur~, w wh~rwiae_ MwipopK ~op (ro~ ti~e b 1i~e ot ib option wa~re, ~ ond of1K any srti ~roiw~. r~stole owp or oN protisiows her~o( requirinp s~ci~ d~posifs, bp wotit~ b Mwtpopot iw ~rritip. VY~~le awr sucb woF~r is in ~Ffect, MoApo~p~ shoN pop toa~s, ast~ss~ewb osd i~wrowc~ pr~~iv~s us hsr~ia else~her~ prnrided. ~ ~ ~ ~ ~ ~ IN WITNESS WeIElEOf, tM s~d Merfp~~a Aerw~ro w~s IJ~ Aand a~d sNl tAi~ dr E~r ~nd yw fint ~6ow w?na~. ~ JOACHIM DEVELOPMENT, INC. ~ s s ~ ~ ; ~~J" - S:ortsd, sesbd ~nd d~G.n.sd - BY-~ ` ~~4~ _/__~?~y'_. (SEAI) ~ Jack Bertolini, President E Att~S_t..:.._ ? _ . . .~1.-~ts~u~ ;a _ Elsie M. Bertolini, ` ~ ' Vice President ' ~ f ; ~ . . . ~ . r . :'J~, ~ w ~ Ni}s ~ i. ~ v(.~L-~'`'Cr'? . ti _ - - - . , 1i1r? ` ~ Z'D~i+ ' t.~ ~ ~ ` ~ r` 1 ~ ~ Tt s,:{Cb~i~c~~a~'3~~ ' , , _ ~~~i-i.~~ S.. ' ~ , c~? . ~ . . •~.1 ~ ~ ~ ~ w ~ ~yi•- _ • . ~ •~i :x~-7 ~ • . ~ ~i ~f; ~ ~ ~ - ! ~ oQ 18 ~ - ~ eoax z . . ~ ~ . ~ ; . ~ ~ ~ ; , ~ , • ' ~ M~saF ~ e-F.. -+3 ~~~~~F ~ ~ . . ~ ~ _ f . , _ _ . - ~ `~'_"~'r+.a.,-~.t'^3~2zi.i.,.~ .c, ~