HomeMy WebLinkAbout1086 7. 11 ~r el N» wiM el ~ Iw~iw wfar~d b M nW Orwro~M ~nd tv1~r W~d w~tlun M~nv 1~01 d+~ Ma~ ~t~M tM s~ uvK~lly Mcowr ~~n0 wr~b~~.
a N s~d~ ~~1I 1M ~M1O~r1N~oer. p~Nw~nh. ca+d~uwr. ~nd cownw+ti d~dd w~~~+atr noh ~nd Mi~ ~nw~9~W. u~~~Mr. N~ rot duty qr}w~4 ccnwl~td
wi~A ~nd ~lid~d !v. tM ~9p~~Wh ~w~ ~^~~~d N'0 w~iualr iwn ~MII bcoar dw a~d wr~N fwtAwiM a M~.NI~w af tM option o1 N» Ma~yepN.
a lully ~nd cawol~»N M if Wid ~yq~pN~ ~w~ ol n~o~Y wu aiq~Mlly ~~ipul~t~d a~ a~d on i~+cA d~y. ~nr~Ainy in a~id pawi~wry noN a Mr~~w a ~M
conM~ry wo~MriM4bndin0.
t. To d~Uv+r a wid Ma~wpN. ew a b~fon MircA IS~A o1 ~ Y~M. ua r~c~iOh wid«~ci~q IM qymwN ot ~11 t~wfully inrwNA uaw fa ~M pr~csd~ny
c•Nndr 1~+~. a dd'wM 1e ~aiA Ma~~pM. nc•;pe~ widw~c:nq tM ar~ of ~11 li~ fa P~~~ i~pa~'~^ti ~"~hin nin~M l90) d~ri •IN~ th~ a~ ~MII McowN
du. «+d ar•w.. ~we a ar a a.c~+..y. w~~n M~.h roo) e.y. •rw d~. u.~w .i~r v~d ~q ~~1~ Ifv~i. ~n.~ ~.y a n~.d. oe d+. ew.~y.y.e aow~a.
on ~I+ia warp~~ a noN. a In MM aAK w„r rM~l~iny iraw ~M Ma~p~y~ ~Ndniu t~c~r~d ~y Mis rnor~p~yr, ~nd if Mi~ candit~on M na canVli~d wi~A w+d pa-
forn~d. w~d sor~p~qM nry o~t/ such w~ a sunu wAicA ~hall Mconr Wn ol M~ d~b Ntv~~d by tAis rnwt~q~. and ~MII b~w intHMt N+M r~N of tiia p« c~M.
1~%1 vM ~w~. ar~ ~•wr-«rw•iM wuu ~d a sa~d M«ro~c+~ nuy ~Nct N~~t Nid n~orty~q~ d~bf Hwnepon b~co~ dw ~nd wr~bb 1«~w~d+.
9. It i~ tw~Mr eown+nf~d ~nd +y~Md M u~d P+NiN eM~ in th~ ~wnf of ~•uie b:no ~m~~nn~d a(w~elw~ Mis ~v~. 1A~ Monp~pN diall b~ ~n~itMd a
yply N+~Y ti~ O~nd~e0 ~ue~ /w~clwu~~ wi~ w d+~ eaM MvinY iw~idietion ~A~nof fo~ ~M Wva~tnwe~~ d• r~ceivM of ~11 ~nd sinp~lw N» nw+~WY~d P~~hr.
~nd ef ~N 11+~ nnM, incoiwa. vrofib, iuun ~nd r~vwwa ~Mrwf, ho~ wl+~tw~v~? wurc~ d~riwd: and tM~~~won it is A«~btl ~apnsdp cwrenw~ted and ~q?Md
~M1 ~M eourl Jrll foetAwi~A ~ppo~M • r~e~w o( ~aid nwrtq~y~d w~~11. ~11 ~nd sinpula~. M+d o/ such r«+h. incan~~, pofi», i~suti end rw+nw ~Mr~of. kom
wAuao~w wuri~ eMrirtA. wi~h /M uswl OowM~ ~nd duliat oi ne~iwn in lik~ usa: a~d ~~tA +oPO+M~t aMll b~ ~w+d~ M~ sueh eowt a• m~n~r o1 striat ~ipM
b Mw Abrp~9N. iM wcc~ua~. Ny~~ r~pnwu~tivw a~ui9ro. ~+d wi~Aow r~fK~nn b tM ~d~w~Y ~~d~WK1l of tM valw oI N» WoW„Y M.~OY ~9+9~a
w q tM w1w~cY w buoHwrcll of M» Mw~9~9w. ~nd MN svc# nM. P~ofib. irKOnw. iuws ~nd rhr~nuw slull b~ wP~i~d M wd? nc~ivw fe ~M wY~n~nt of tM
ewrp~y~ ind~bNdn~w ew~s ~nd eMrpa, +a«dMo q tM «d~e o1 wd~ ewwt.
10. If ~ cwrvwana sAwld E~ nwd~ sy ffw MaW+Ya o1 tM Pnm:~ !w«n d~+c.iMd a anY P~.t ~~o/. wi~haA d» win~n c«wnt oi ~M Mafpp~~. and
widwul aswnW~on in rpubr for:w ai t~w b~l d» p~na~ ei N~ eWi9qion b M~ Mor1W9N cr~~Nd AY ~ 0~~~~Y noM ~wd 1Ai~ w~ortp~q~. Nwn. ~nd in Nyf
w«+t. ~nd N M» oWien o1 Nw Mapp». and witAo~r1 naic~. ~11 ~w~r of n~Y ~~d 1»nby sA~ll iwrn~di~ldy ~nd concwn~uly wiM sucA conwyanc~ bcon»
du~ ~nd P~1~abN ~nd in d~tauM.
11. 1Nt in dw wem ~M o~«*is~s Mr~br ~~9+Y~d. w~nr v+n ~Mrwl, aMll b~ condenvwd w~d Nle~n (or oubl:c uw w~de? N» o~« ot ~imnt donrin.
Mw Mprtq~~ ~hall Aavr N» rip~a a d«ww~d ~11 d~nrq~a ~w~rd~d for tlr takinq of a da+nap~~ a uid pr«wiap ~MII b~ p~id ro/M Mort~gw u0 ~o Mr www+n~
tMn unWld on dws nwr~9+9~ ~nd ~t Mr aWion of N» Mo~tW9N n~r b~ ~INd u0~ t!r phrw~nh bst pa~r~N M~non.
14. TM wa.l9.ya bind~ hinn•If ea w«.a w p.rwr~ ro b. «~c»d ~r n.w bu~l6nq~ on ~h. w«nis.. Mr«w wa.~p.q.d a to add a a o.~~r ~o p. ~dd.d
a~ny d tM ~aistinp iw~provaw~nb ~Mnon w~k~ +nY cA+ev~~ a Nte~~tions !n s~id i~aovarrnM whicA nwtNialh cMnq~ ~M a~nw w tM vs~ tMreof. w~~AaA
t!~ w.itNa coro~nt of tM NlorfpapN, and in 1M ~wnt of ~nY violation or ~nMnW w v:ol~» ~his s~~pul~~ion tAh morfpp~ a~d ~II swm ~~cvred 1w~bY sMll in~
nrd'i~Nly b~cow du~ ~nd co11M.bN s1 fht oWion o( tM Mafp~pM-
1). tt is W~ci(:ully pr~d ~Aa~ ti~ is o1 ~M ~ss~nc~ of Mia convxt and Mat no w~iver of aMr oA'iqation Mr~und~r w o} tM oblip~~~on s~cwed l+er~br ~MII ~t ~rpr
~im~ b~ M1d b b~ • w~iv~r of tM twnr Mr~oi w of N» iruau~w~nt s~cur~d Mr~by.
11. H fa~closun P~~dnqs of r+Y s~cond morrq~p~ w s~cond nvst dMd or u~Y iw+~« li~n o1 ~nr kind sharld A~ iro~ih+Nd. tM Mor~y~.m m~r. N its ov~ion.
inJn~diabM a dw~afM declart fhis .na~9+p~ and N» ~nd~Ct~dr~s ~~cwed Mr~py du~ ~nd wr•Dh ~«ehw~~. ~nd nry N i» eo~ion aoc~ed M foncloa~ tht~
n+or~Wq~ -
15. To /M ~:Nnt of tM ind~M~drnsa of ~Ae Mwtp~por to tM Mwty~qe~ d~tcnb~d herean a fecvr~d he~eby NN AAoHq~pe~ h Mr~by subrop~ted fo t1~t lien w
liau ~nJ ro/M riyAh of tM own~n and Ao!den tF~ereof of e~cA ai+d ~w?Y ^~~9~9~ I'~^ a~~ i"~""'b'~"~~ ~~~ribd Aer~in which is paid ~nd/ar
satisfi~d i~ whol~ ot in arf ow of ~M poce~d? o( ~M Iwn deur:b~d her~in or s~cured Mreby. u+d tM resp~ctiw I~ms of s~~ mw~yaqes, I~e~s a ahe~ ~MVmMa~KH
sMtl b~ ~nd tlr_ srn~ and wch of tMm her~bY is Wess~ved a.+d aMll pss~ ~o and b~ MW dY Me Mor?p+q~+ Mr~ a~*curity fa Mr i~dsbt~dne» ro tM MwtW9»
Mnin describ~d w hereby secwed, ro ~M sa~ ea~enr Ma~ :t wo.,td hav~ been p~~sarwd and wovld haw been pass~~ a and been MW by tly Mwtq~pe~ Md it been
duty ~nd r~pubrly auiqrrd, h~nsfen~d. s~~ ova and del~ver~d ~na th~ IVRw~9aqN ~t? sw+~~a de~d of ~»ipnrn~m noew~~hatsndmq tM iact tMt tl» s~ene m~y be
~nisi:~d ~nd c~nc~ll~d o1 r~cad. i~ beinq rM imem~on of Hr pu~~es M.~ro tMf th~ sw~ w~ll E~ ut~~fied u~d cancelled of r~cad by 'M I+dden ~Mreof w~bait
tM ~inr of tM r~eadiny oF ehi~ matp~q~.
16. 1o Wy ~II +nd a~nqular rAe coats. t~a.qes and e¦penses, ~nc~ud~rtg lawyer's fees. ~easonablY .ncwred a pa~d ar an~ nme by d~e Moreqaqee. 6ec~use of ~he
~ri.,.e of rhe Mor~q+qo. +o pe.fpm, cemply waA ~nd ab~de by txA and every rhe snpv4~~o~s, ayreemean. cond.nons, and covenanrs ol sa.d p~o+n•sso.y rwte and ~b.s
deed. a arhN. and ~very svcA paymen~s sha11 be~r ;r.~errsr from dare a~ dx raee a~~~ sa~d w~+~sswr nore ' .
~7. wh«~ .~r .n~o~mf a n~aw b b. o.~d M M. ~w.~woo. a A» AFwf9.9.. w+e.? b,. ~..m. h...of .n.n b. d.~n,e. «.~,«r~e M«+a.9~ a.r,~n
any of the othe~ tern+s, povi~ioeu o? condtia» of Mis Mutq~qe, tMn ~nd in thae c+s~ N+t Mwty~qe~ sAall Mv~ tA~ riqAt, wirMo~? notice to eM Allatpayw. ~o
colkct and rec~iv~ fraw anv Mmnt a I~ssN of s~'+d matpsyed Wani~+s M» renn, iuws +nd prof~~s of tM ~NI es~~t~ hereby mwtq+qed +nd d» imporemenb
eMreon, and b y;v~ pop~r r~c~ipts and acquinanc~s tMr~fw. ~nd ahar paYiep all camnissiau of any r~ntal pent eolkainq tM s~rne. ~nd aMr ~wonab4 a»«ery's
fNa and odw neceasary ~:p~er~s incwr~d in cdNttin~ a~, w+PV~Y ~ Woceeds of such colkcrions ~pon w~y indeW~dness, obliy~tion or li~bili~y, 01 tM
Mur~q~yur huaw~dM_ TM riqM qr~nted th~ lllortp~y» unda this p~rpr~ph aMll b~ in ~ddif~on fo, and shall not lin,it a r~stricr, ~ny aMr r~yAt a riqhfs panted
tM Mortp~qw in this Mon~q~. -
ls. If ~M N1or~ppws N~M tinr of mck:np this Monpap~ a s~bs~q~hnt Msr~ro 4k~ o~n lif~ insw~nc~ dMiyn~tinp t!a Mwfy~~ her~in ~s benefici~ry w~~h •
~o~Y ~PW~d bY ~~9~9N a usiper Polici~a M Nw Matq~~ fw IM DwDOS~ of secvriny tlw matpaq~ Iau~ IierebY sacwed. tMn ~M MorfW9~~ sAall
Mve th~ r:yM w pay ae~r pr«niwn aauvi~q u~dn a+id Policas. ~nd all s~ms so eawr~d~d sMll b~ added to ~nd b~ca~r • p~rt of tM p~~cipal indeWedmss sicwed
~ by dus Mwlp~y~ and sh~ll b~ paid by tFw Mortpr9or to th~ Mwlpape~ in fwtlv~ epwl comecutive nwnthly instalbmeb. IM first md+tAM ie~sUtlm~tu ro b~ paid ~s •
f p~rt Of t~ld in addition w ~M ~aa+Mly paymwr dw iw+d~r thia Mortp~qe in th~ fint c~lend~r ~nomh foltowing th~ e~pendeg of uid ~wn. Such au~+s w•aQend~d
ro bear intera? ~f th~ r~et st wfiicA ieNeres~ is psy~ ~r{wn a~id principal indebledness and tM lien of this Morfqap~ shall eatend M ~~d s~cwi t}K swm w cspended
€ t~qeMKr wi~A inNr~st ~Mr~an a~ h~rnnbefon p~rid~d.
~ 19. ilwt to~e~ rritb awd iw odd'~tiow b th~ ~owll~lp PuYsenl d principol awd inte~est porobl~ ~nd~~ t6e Nr~n ol 1he ww~ secvred hereby. Mbrtyoyor
t sholl pay b Altort~op~~ ~ocl~ ~ontfi ~eti soid woN is fdlp paid, onrhinlith (1 /12) oF o sw pvd b t4e awn~wl prt~i~ dw 1« fin. e:teadeJ co~rcrope.
~ and otl~er Iw:wd iwwrm~c~ amr~rinp 11K wat9aY~ P~~~• P~us toa~s ond os~ess~enh ne:t dve ow tM wwtyop~d P~opnh ldl m esri~a~ed bp Mort9opee)
e leu dl w~s dr~odr poid tMrefw, awd to be dirid~d bp t?~ n~wbe~ of ~owtl~s ~o elaps~ p.iw a t6e dot~ ~rAew ~ucA taees owd oss~ss~e~rs shoN becon~
~ delinqwnt. Sad s~r~s sboY b~ Mld bp AAwtpopN iw huat w u~di~ed b tM priidpd oF tl~e Ioow. b par said iwsrwwa, ma~s, owd ossesswenb aed sholl
~ be opplied o~ tl» pop~ewt t6~rwi +r1Kn dw. Mp ucess MW in frYSt bp Mort9opee ahes soid loos ia poid i~ f~ sAall b~ poid ro Mw~yopo?, or Mis
o-
~ ossigus, or penowd npr~senlofit~s. la the ~~ent of o d~Fouh or (wedowre, mid swn INId in tnrsf ~oy be appli~d o~ owy cosfs d dowoyes susMined in
~ conn~cliow vi1A N~e wN~etioa of tlr noM sacrr~d I~erebp rl~ether br svit, foredowr~. or ot?e~+ist. Morlpope~ ~ar 1ro~ tiwe ro tiw~e W ih option ~roive.
~ ond aFter awy svd~ wroiwr, r~instole owr a all p?oris~ws hereof rpviriwp wcA deposils, b~r notic~ W N~ortyopw 111 ~t1fi119. WA~f aey sucA rawr is in
effect, fAortpupor shol) pop Io:es. asasss~eeb ond ias~ranc~ prewiuwn os Atrein dsewhere prnrided.
x
~ '
~ IN WITHESS WHEREOF, tM s~id Mort9+~or i»rw+na a~M hi~ h~nd ~nd tNl lhis Mr dnr ~nd yw firat ~bow writnN.
~ ? C' ?„Yr,-~.t--t--~ ( SEAL )
~ Georg C. Z r
5:= ' _ . C~G_~ / L(s~?~~
S~vrted. u~kd and det:vered .
w.,~,x. or: E1i eth B. Z~~~
,
.
~
~ ~l~Z~°~~
_ ,
. - 1
a~ n
- - -
~ , Wilbur C. Cassidy ~
~g ~
„
- . ~
~
- :r ,
,
y
F
. -
. .
, ,
~y°~" llz/j~ ,
_ _
v _ . - -
-
~ ~ R ~22 ~08~
~ gOeK
. - ~
~ .,s ~_g ,>a
~ , ri ~
- ~ ~ t 5 y~-:
~~~i`~~-'a.~ .._d.a ~r.-c~:
° .a., rr~. . 3 ~ ' _ ' -1 w~