HomeMy WebLinkAbout2433 0. Te oKfam. con+piy wiiA ud ~d~ MI ~nd ~v~ry ~Npu4r.wu, pr~~m~+n. cond~t~aa ~nd cev~nanb M uid waniuo.r wh w~d dNd s~~ fatA.
7. II any of N+i ~ww o1 ma»y l~~tn i~INr~d ~e b~ nw ore~fy ~nd fu1M o~d w~~in +Ainy (J0) d~tn n~at •1h~ ~M sa~ a~~wnlly b~con~ ~w a+d p~yabl~,
or if ~~nd w~ry Ny dipul~GOm, prww~nb. condGons. ~nd cov~n~nb d~~id pro~nhwry eob «+d M~s ma~ww. a~ieM?. M~ na d,hr o~wnyd. co~woG~d
wiM~ ~nd ~bid~d M. iM apqrp~n •um m~n~aerd in wid aawi~+ory noN sAaQ b~ca+r dw ~nd wr~bb IaMwi~h a MN«f»r N» oW~ow o1 ~M IiAor~Y+vM.
a hAh ~nd tawoNNh M if uid ~qprp~N ~ww ot momy wa aipieyllr ~~ipubl~d w M p.~d on svcA day. ~nythiny In s~id powanay nW~ a MnM~ W My
conM~.y ~w~w;du~~ndinp.
0. To d~Gvr a wW Mon9+v». ow a b~fw~ AAvcA IS~A d~acA rMr. t~a r~c~ioM w+d~nctna M~ wywyn~ oi ~tl bwlvlfr iw~po~~d b~~s for M~ p~c~dino
c~Mndw Y~+r. ~e ddivrr te utd kb.rp~pw naroh evidtncin4 ~M wY~wn1 0l ~N li~ Iw p#:c iwprw~w~nH MiNrn ~wn~h (a0) d~» aln~ tM auM ~MII b~corw~
dw .nd wr•6M. .nd a Pw e. di~d+.ry~ wltAiw ninNr (90l d~r~ .h.r dw dN•. .ny .nd ~N povwM+«d•1 f~ri.s~Nlw ~r b~ ~w.d~ an NN wart~W~A wav.~+r.
an Mi~ iwaty~q~ ar neN, o~ ie ~ny o~Mr w~y r~sv!„rq haw Me AAonap~ ind~bNdntu wcw~d by ~hN ~onp~p~; ~nd ii ANi conOiuow M nw captt~d rri~A ~nd
lo~~d, wld ~watp~YM ~y Wt~ wd~ ~ww o~ ~wwf w1ueA ~MII beo~ vw~ of M~ d~W s~ew~d Aq ~Aia nw~~p~. ~l~sh~ Ma~ inNnat ~M e~h e( ~1¦ pM ewu.
ra%f o« «+M+.~, ar•s~ ?~wi~~nnwlly w~Nl p~W or uid Mat~qN nwy ~t~ct MN Nld mapp~ d~M Nwru+v~ bcoww dw and wtr~bN faM.ritA.
9. It is fwMp eownanud ~nd prNd b~r uid pwtin ~Mt in tM ~wnt of •~vi~ Mirq ieyttn~t~d to iw~etw~ Mi~ nqrp~q~. Nw Mwty~q» ~fyfl b~ ~ntiM~d a
~ovh N ~nY t~ar p~ndino sud~ ~oncbwn ~uit a Nr court Mvbq ~wi~dictan Mww1 /w f?~ ~PVOUnnwn~ o! • nceiw~ of NI and ~inqrl~r IM ~wrtWO~d waPahl.
~nd o/ atl ~M nMS Incawp. pMi». i~sun ~nd nv«wa N~~o1. Iran wMtsoMr ~owc~ dw~wd: and dw~upon it i~ hN~by ~~pnuly cwrrynt~d ~nd pr~d
~htl ~M eourt Jwll forq~w~M ~ppo~M • r~e~iw ol faid narly~p~d pap.fy. ~II ~nd ~inqular. ~nd o1 sueh ~es, incaw~t, p.oiie~, iswN end a~rsww M~nof, froiu
+rMriwrs? ~ourc~ dKiwd. wilh rM wwl Yow~n ~nd du~i~s o1 nc+iva~ h lik~ uies: ~nd such aoDantnrnt ~MII b~ wud~ by ~ud~ cowt as a wynK o1 ~M:cf riqlN
a ~M Mw~9~P~~. Ht tuuwson, kpd r~pr~natiwa a us~yro. snd wi~IwW ~~Mn to tM ~d~pwcy a in~dpu~cy oi Mw valw ot tM propMty lw~by nrp?ysp~d,
w to ~M wlv«+cy or t~rotvN+cy a( rM Abnp~por. w+d N»r sucA r~nt, wdin. incom~. iuws and r~vwwN Jyll b~ ~pp1iM br sud~ .«.~w a e+. ar~.w~ of ~M
~norqra ind~bNdnp~. cab ~nd dwpN, aawdinq a tA~ «dv of wd~ cawt.
10. N~ eon+r~yancr ~hould E~ nrd~ by tA~ Morp~qw ol 1M preinitw h~e~in destrib~d, a~nY P+r~ tlw~o/. wid+otr~ tM vini~Nn conw~t of eM Maty~p». ~nd
rAlw~~ awww?an in rpu4r /or.w ef I~w b~r tM pwnw of dw oWipNion te M• Morp~qN en~Md by ~atd pawiiwry woN ~wd Mn ~ary+q~. ~Mn. ~eW in Nw~
~wnf. ~nd ~t tM ovt~en o~ M» Maeq~p» ~nd wi~Aa~ nofic~. sll iunr d nwn~y secw~d Iwebr sMll i~n,~di~»!~r ~nd ea+ewnnHy wi~ sucA eonwysec~ b~cowr
dw and p~y~bM ~nd in ddwlt.
11. i!W Iw th~ wenf Ih~ p«nis~s Mnby nqrt9~9~d. Or anY W?t t1w~01. ~A~II M CondemMd ~nd bkM fw pubGc uN unda NM DowM OI ~nin~n~ doe~in.
Nr Monq~yN ah~ll Mv~ Nr rqM w d«.w~d M~1 NI d~nrpw award~d for tl» t~tinq o1 a d~qu ~o srd p~wtia~a ~lull b~ p~id ro M» Mo.~y~~ up eo M» ~mw,nt
Nnn w~.id on Mw w~on9.q. .nd .e M. apeion of Nr A~o.ry9.. ,u.r b. .ppli.d ~von ~M wr~•na 1as~ p.y.ON ~M..on.
12. 1M map.por b~nd~ M~m•H na w«~a w o.rnr'~ ro b~ «.c~.d .ny Mw b,~wc~ on *M P..~NS.. Mn~n n~o.r9.q.d o. w.dd a or P...ti~ a b. ~dd~d
ro+ehr oi th~ ~aiseinp fmp+ow~e'rnb tMr~on w e~b M+y th~np~a a dMr~tiom in uid~i~nwov~n~~ri whitb wrNewflp th~np~ tM u~ or N~ us~ tMtwf, w~Mout
tM vnitqn caa~nl of M~ Ma1pp~. ~nd in ~M ~v~nt of ~ny valar:on w~»s.upt w v:ol~N fhis aipubtion N+is w~orfp~q~ and ~11 swm aecw~d Mr~bY ~F~all inr
~My bcaM dw and cdl~cribb ~ eM ootion of N» Ailorty~p~e.
ls. h ia ~p~cif~ally ~yNd Ny1 tiny is of tM ~ss~nc~ 01 Mh canu~cf and ~M~ no wtiver ot any ob!ipNion hp~und~r ar o1 tM obliq~~oe s~cur~d Atribv sMll ~t any
rin~ b~ MW w~• wi~vw d M~ Hrwr I~w! or of N» uuKwn~nt ~cvr~d Iwr~br.
14. Ii for~cbtun procNdaqs ef ~ny saond mon9aq~ w s~cond mist d~d or sny iunio? li~n oi anr Lind sAould b~ imtituf~ra, ff~e Mw~p~sw wwY. N:a oprion,
imnrdi~t~ly w tlw~aher d~cl~n fhis nartgay~ snd ~M ~nd~bndn~u s~cwed Iw~bY du~ ~nd o+Y~Dh torMwidy and wry at ib option proce~d w tu~ctos~ fh~s
Torfp~Y~-
13. To tM ~:nm of N» ind~b~ss
of tM lNorty~qa b 1h~ Mort9+9N desa~b~d 1+Ke~n a secw~d 1».~by rM Mwtp~pe~ is Mreby s„EroqsMd to rA~ tien w
Ii~ns ~nd to b riphb oi 1M owiws and Ao1d~n tMno( of NcA and w+ry nwrrq~9e I:en a aM? :ncv~nsr~ on tM ir~d dncribM Mnin wAieA ia pi;d and/o?
satis/i~d in whoi~ w in put ou1 of tM poce~d~ of ~M Iwn deacr:bd herein or s~cu~~d MrebY, w+d Mw resp~ctiw IiNn of uid inw~y~yes, li~na a oN~ ~ncvmbr~nces
sh~lt b~ w~d wn~ and wch d tiw~n Aereby i~ W~urv~d r+d aA~ll pus a and b~ MM bp ~he Morrqa~ Mr~in a s~wify fa Nr indebwM~as to tM Mw~p~pN
Mnin deacriMd a Aereby stc~red, ro rhe ta~ ~irmt Mat ie wovld Iyv~ bKn pnerwd and would have ben puwd b ~ed been Mtd by IM
AROrlpiyN lud it bltn
duly s.d r~qularly auiymd, hwuf~.r~d. Nr w~r snd deliv~r~d w,to tM IlAwtq~qM by spu~n dNd oi sasiqrwn~M notw~tlu~a~+d:ny N» t~tt thse N+~ s~e~t m~y b~
uria}tad ~nd c~l{~d of ncad it bei~q tM inf~e~tim of tM pu~~~s hKSro ~Aar rh~ :sme w~N b~ ur7:fied and canc~lkd of ~~cad by :M hold~n tlkr~of ~t or abwn
rM t:ny of tM r~tad~nq of thn mw~p~q~.
16. fo pay all and s~equt~r Mk cos+s. cha.ges snd upenses. mcl~d.ng lawye~'s (ees, re~aonably ~ncuned a w~d st any hme bY ~?K iMwr9aqee. becau~e of ?I.e
~a tu.e of rl,e Monqayw ~o pe./am. cornplr waA and ~l~de by exA and evcry rAe suoularw~s, aqreements. cood~t,ons. aod corenan» of sa~d pom.uuy nae and rMs
deed. a arAer. ~nd e~err sucA wr~~s fhall be~r ~m~rpr irpn dare a~ ~he ra~e Wov~ded ~n a~id aom~ssory noM.
17. 1NMn +nY rwount of wionry b b Wid bY fM Maty~pa b t?N Mwtq~yw ~r N» tarma Mrwf s1y11 b~ in d~(wlt, a should tM Nbrtp~pw d~/wh in
any of tM od~ hnro, pwhiaa a cond~tioro of this Morrpap~. tMn ~nd in th~r us~ rAe IWirrqape~ shal) A~» Nw ripM, witA«A no~~c~ ~o Na Mw~paqo~, ro
coltect ~nd r~iw fran My Nn~nt or ItisM of s~id ~nptp~ped pew~iy~s fM r~nh. its~es and pofits af th~ rwl ~st~b hertby nwrtqayb ~nd tM i~nprovenwnh
M+erwn. aed b yi~w paP~? naiMs ard acquin~nws fMr~fw, and afNr P+rWq all commissiau of ~nr rtnNl p~nf cdlectinq Mw s~m~. ~nd ~nY reasa~nabl~ Hrorney's
f~+s and odw mceswy ~:pnws incuned in colbetinq i~nw, b~fply th~ proceeds o~ sucA colkction~ ~pp~ ~nY ie~deW~dness, obf:y~tion a liability. of tl»
~t~~ ~ ~id~1 9~Mkd tM lMorty~ye~ ~w~der this paraqr~ph sMll be in ~dditan ro. ~nd sMll rat limit a ~~strict, ~ny oMyr riyht a riqhb qrinted
N» Mor+wvN in d~is AAorry~p~.
IR. If ~M Mortq~pwa tl tAe finN oi matirq Mis Mortyp~ a subs~p~nt tMr~to t~k~ ov~ lif~ insuranc~ desiqn~tinq th~ AAorqaqN h~r~in u beneficiary vrirh ~
~o~^W~Y +opovrd bt~ flw Morfp~9h a u?ipns policies ro fh~ Mwtg~yN ior M~ awoa~ o! sec~i.~ ~IN muty~q~~ Iwn ~her~by secvred. ~Mn ~M A~wpaqe~ sha11
hs+re rM ~~qAt w W1~ +~Y v~~wii~wn accruiny ~eid~r said odrc~es. ~nd dt sw~n so ~aoeaded sh~11 b~ add~d ~o ~nd acan~ • ppt o1-~M wincip~l indebtedn~s~ secur~d
bY Mw li~{ortp~y~ r+d sMll A~ paid pq 1M A{orp~ya ro tM Mortyapet io twetv~ epwl conucvi;w rnonM~ly instsllmsnp, tM fin~ ma~
Myr inat•ttnrnt ro b~ wid ~a •
~~~+„+N wr~+.n~ dw u.+de. aus Mo.,9ay. in tM fint ulendar ma,N~ toilow~~.p Nw ~apndrp of sa;d ~um. Such sums w ~apee~d~d
ro bear :ntKest ~t ~ rN~ H which intKes~ is p~y~bb upp~ s~;d p;rK;p~l indebt~dneas ~nd fM li~n oi ~his MortQ~ ah~~l e:te~d to ~nd s~cw~ tM sw~s w e:pee~drd
to9ether wi~h inNr~st ~Mrtan b herar~b~fp~ povid~d.
19. Tlwt Iop~tMr rriih ond ie odditiow b ths ~ow?!J1 Pnp~ent of p~iACipol ond inleaes/ payobb ~rade~ tl» brws oi tl~ no1~ secvred Aerebp Mwtyo9or
aF.dl poy b MorfOoq~~ eecA ~ontb uwAl sad wore is fvNp poid, owrhreNll~ (1 /121 of e svw puol to Nw oawwl p?~wiw~ dw for fire, eatesded coverape,
i and oN~er la:ord iwsurowc~ wv~raq t~e ~ortyoyed preperf~r. plus toxes owd m~aw~eta we:t dw ow tM ~wtsoy~d prop~ryr (di os stli~ored bp MortyoQee)
{sss oU wrn olreodr poid tMr~ior, owd 1o be di~ided bp tlr ev~ber d aoaMa b elups~ pr'wr ro ~Ae do1~ wlww wcA teaes awd wsessi~a~s sbdl becwwe
~ d~linqwe~. Soid w~t shoU b~ Mld by Mwf~ope~ iw has! or a~difed b the pr' of 16e bw, b
~ ~+pd por wid iwwwww. ~o:es, awd osseuwrwb ond slwll
i b~ apptied w/1r pop~ant M~~of +Men dw. Mr ~~ecen w1d iw tnrst b~. Abrpope~ w~hen sad bow is psid iw fuq sboll be Peid w 1~lortyoYo?, or 6a
! asi~yes, w peaond r~pra~wtotives. In tl» ev~nt af u defoult or foreclowre, said sw~s IwW in tnrst iwp M oppli~d ow ory cosfs of dnwoyes sustoined in
~ connectioe ~i1U tlre coll~clion of tlw woN sec~red herebr rri~Nier bp wit, foredosw~. w ot4nrna llAwtpa4N iop Fro~ ei~e M ti~e a~ :ts option waive,
( o"d ofMr oar srtA wai+~r, rMnsMN ewp w oN prorisiowa Me~~of rpuirin~ srd~ d~poyifs, b~r woti~~ b Mort~opw iw ~ritiwy. Wl~~e onr sucA woirer is in
~ eflect. /r{p~lpoqpr ~hall pap Ma~s, assKS~ewy ond Mwronce pre~ivss os Aereia elsewl~ere pn+rided.
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; Marguerite Graham
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