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HomeMy WebLinkAbout2363 . ~ . . :?ir :!c~:-: a-or ~.~i 11 n~~t e~olien:ari 1.- c~~~ate~ .~r ~er:::t i~~ ~~~~fer to he . t. • cre:~tt~' ,or: ~tu : Yist; ;o.w ~ ~ kai~.st~~t~w.• ~ttNa,..~! ~~ro~F~-c:- , ~r a'nj? part' thereor. ~ ~ . . . ~an~~ .~,i.,~?:sµ~erior .tc~ ,~ellix'~rssfYt~fais ~bit~?a~tii6 t9tt1'i?Si~•e 'of'' tl~e 2ien~Ar lien~, . a,~~•-,. to i~hici;. t;~is ~;~~~:~~~•~trressly snt+?ecr, ~ati set"!'o?tfi ~ici'El~e~~,~rantin~ :;iQ~•,~• ,.~t•nvQ, and vilL~ke~~3n'+aiwaain the sa~e fr~e 'fr~t~it~i~~cY'aids~ o~'all • f.ar~ s~~rnlyin~ laDor ur coat~ cials +:hich vi:t enter :~to th~ cdii'struct~on ~or instal i.,tirn tne Ica~rove:~cR~s. - _ , i . . .(a) .~•c~ ?w,rts~avor VLiv3 iRe~~_~ a l;i•~I:t„ l+iinks,' i,t~ieY `s~t~t~.`~res~ ana •i,~rip~o~e- ~ ~~ents i~a~Ixr.'i: ^ ui nt na~+r <:.Y=isn~i~•• e~ ~e"erec'te~ or~ . ' , e9 P~ . , or vi~ich ~2~~~i~r aE`~er , r ~ i nsZa 3 ~cd a,i Cie land aor[~a~~d h•_ rc a~• , i ns~s•-^d aga in~t ~ oss ~~y. f i're aiu~~' ot}~Rr. hazards, casualties ar.d contin^cr.ci~~. sex~n a~~ounrs ~ncr cannec, anc~'~or such peric+cls, all as may ~e req~i?-c~d f.-•~+ t:,-~ ~o ti:~e 'o~ Lhe ':ort;~age~. U~il~ss othcrwise required by t~e Nort ;a~c~ ..z 1 1 such i asuran~ e~ slia 11 ` be e ffecle~ Qy Standard Fire aod Exte~xier C,vera;~e ~~suraacc polici~s, in anou~ts ~notr~ ~ess tiian necessar;~ *_o co~, 1V :+it`~ thc cc•ins~+:anc~ cta~.ise ~:~~rcenta; e. of c!~e ~~~ae ~'~PPlicab~e to the ~ocatio^ an~i chara~~er o' :~c ~roF~~rr>> to i~e covei-e~~, ~'!11 ~ucii insurance sisail ~e carried in co~panies spproved b~• iT~e !iortgagee a~~ all ~olicies tilereforr ahal2 be ~uci~ fer-r ard shail have attac~ed thereto loss ~a~~ab!G .lauses ir. favnr the ?br:~~a~ee acxt an~ other parties as shall be s.~tisfactory to the Hor[~-a-ee. :1'_ such polie:es ac:3 ~:ttachner.ts ~ieareto sha21 1~~ ~ia; ivcred Qro~ptiy to ti~e ~foT~ =a;-ee, ~~Rless tiney ar~ requ: re~l ~o be delivered to ~1~r '~u2~1er r. f a ~ier. ci 3--oz*_ ;r r: sisei lar inst:cn:eat to e:li:c:~ this Mort~•a,~ is ~~r.pre~sl~ s:~~?.-_t, ~"-ic=: 'atter e•:ent, certificat-s there~~t, satisfa~-tor,• to [he t3ort~:a~;~~, sia!1 `.r delivered pro-~ptlv to r~~=~ :~G~rtga~ce. - Thc ;k~ri~a~or wiit ~y ~T~~rr~,? ti+^~n .~~~P, ~s aereinafc~r provi~c~i, a~y a~d all ~ ~rc~a,iur,s o~i suci insurance, and ~n ev.-: v ease in vhici- pay;lent therec~f is not maJe fron: rhe de;-~osit~ theref~r req~~i•-c~l b} [his Hart;-.ge, ~romp[ly submit co the Mort~a~ee for ex:~vi;~::t ion --_-c-~-i~._ •>r o[her evide~ce o= sa:t~ l~a;m~ent as shall be ~atisfaetoc; t ~ [ne • -a• e_. i'3~e *~rtgage~ m.a~ ohtain :i~:~ pa~ [ha ~ l recrsi~r:T ~:i (k~ur s:•a.l :se •~~i'-=- ,2~ _--atios: t~ d~_ :o) evcry ki:::~ ~~f insura~cc requir••d ~~etehv is the 3,aounc of s:~cr ~:~~eics. hns not be~~ ~lepos*_te~l as requir~~' i~y this :br[ga;~, in uhich ev~:.t t1:e ?~rt;;ago: ~il'_ ~n., to t':e i:~rt~a;,ee evcry ~ren:iu*°~ s4 paid. by tc_ ~lor[s,a;;ee. ~ _ (b) In the ~~vent of loss Q: :a-~~ -e tc ti~e ~ort;,•a~-~.i pr~.;perty, t.e ~!.?Cl ;8~ ~lC W~1~ ~i;~c C~ the `eor: -a -~.-z : ~.wdiace ~..~tice CfiC=^~~ ~)y IR811~ .3R~"~t ::j'C .~01't;;:i;'.CC .^.1.7~1 :':3~Ce aLYj f' 7=t~~.; ni ~ l~S if not .^JSC?~' Ct:.~'.i"J1 ~?romptl~- t,; ()I' .~n bc~ial: o~ CEIE' .'4C~Ti~a,03. E~_~~ •:ance c~pan~ issuin;; ~?iy s~ic?~ polLcy ;s ~ ~~rre•1?:: auL?ior e-d a?c! di-c cte3 -.3+:-• -~a:.-~en= `f~ere::ndc;r Ec~r suc5 ioss to the ~ '?ortg~g~r ar~ t+:e ';c•r'~a^~~ jo.n , r_nlrs~ _::e a^K~unc o~ loss is payable first ~ r~ thr zol3er n` 3 1~~~ ni~ --:~•---~^age or s:~-: :ar ins[ru~aen[ to w~;icli this ~ ::ort•;:~ •e i:. ~ :~re~sl~ s~~ : a•.: ~ 1*1SL`Fa1C;~ ~r~ceeds~~or any part tliereof , i f YCCC-r i'a''~~ hy i~lF' ~:')rC.^,?'~i r~ c~.j• _lc~ ~s7C ~Fr ;8°C'e ~ dC 1 C: O~t10!l ~ ~ eit;~e_ i:t :L'c~UC:2ntl v1 Cr2i'_ 1~:'~E-v~2UnES5 ~2ZeD!' SfCUr~:~. CL' ~O C~iE' ces:~rat!(~r or i-enas r of tre r~er:~~^_•' p-o*~er~; r.~,a~ed, sn the _vent of ~orc:clos~~~-t oi~ $ _ ti~is ~:.~~:._~.e, or ~f an. _~a*:s~e~ tit:? t~? ~:~e riort;;ar_c:! ~ropert~• in extin- uis:ir..•~nt o: suct, :~~ie~tz~i~ess, a ~ l ri ~~:t , titl~ ~nd int~ rest of i€~e ~.~cC~a~,o.- 1: 8fl(~ ~O ~_'st_r~ St1C'~ ir.sura:t'E' jX~1~C= C[:Ci~ :t1 f0!C('~ Stt~iCCC CO ~~1C 1'I~tliF 3R,~ 1f1tP?CS~: U~ tt1E fi71(jQ~ Or 3£?'= 5.~~'. :•~i" t2c:1~ Sj,atl : ass t0 tl;e ;_*.-antee acquirin~; t~ _ie to c;ie -r~~~==s-=eci ~ro:.~:t•: F; acttzer critl: s~sci: ~olic;r and a~~pro- ~riat~ a:;si~;n?xnt oi s~~c: :i.^_!•t, t~__~• an<i ~nt~rpst SaFic's s~:ai! ht~ ~+a~+c F~t- .~rt^a•.o*. ~a) j'1 arc~e: -47'C _ J Ct 7:^_~= i t~:E' SC!.i3YLZV pi *.1I5 ~iOZ~'~S;;t~~ ti?~ ~tO~C';3nQ1" S~1a11 !~c; ~~_:2L Cit•t :`~T+ •'d~°=•Z t~~e[:~er iJZ~T+~ 1.%_ 1~1 ad~;ition ~O~ P~1::''!1:e.. u: .::?r'~al a-:'~ :f:~C'iCSi "~(1Ct:iY G!l ~aCCOt2[IC Oi i:~i' il'Jt~ secure~ ~:C:~'„Y~ UTIt_1 i~le .~OLP 2.i ~=ii•1 lIl :Ui'~ Af 3:'lOL'[!C O~ G10:1~L• C(it132 t0 C~1C tOtc'il a~~ounL •~f (i ) c?unc' rents, ~a.. , ne-:L :~c::J~1GS due, (i t::e pre~:~iu:n5 ne::t ~?ecoi.~i~ ~'e~c on cne :oli:ic-= ~•i f"r~ a:-'. ai: eLher ha=as-.i i~sui-arce re~~~i.r~3 ~ ~YJ ~'l: ~.~iiTZ^a?~E M: ~~i : e? :n°rL i:~ fi{?~ : Oi i^,$';ec proper~_'-r f=~ i~ C3~:C$ ~ 2Sti. SC- ~ ~ ;leitL_; t-'arcr rates 2I:~ J~'lf'~ ~_'~':C?"f,.~Y_•:'_Z ~:`~~r~es IlC:ii. ~C'Ct` :~ll:~ G~Ue OIt the ~ i^.OT~_ ~3~ ~_'i nrorertv ~dll t~l" :t•!'?'O:^„ a~:7:;!tLS aS eS~.~..^.t~ .i t;~ L.'1C' i:(~1"CoB;~C'~ :~sx~ se; :or~l~ in a vri~ten ~•?t:c~ a: ~-:c`? ~~cimaie b~ tt~.~ ":,:c~aoer to the },,,1-r~?:.c: :run t+_me to ~tcr~~, 1~•ss a:I a:-o~in[s Chat ~.ay :t1-ea.'v 'siave beer. pa~d , the-e`o: ,~:ir:•ie~i 'uy t'r.e ~•~..~~•r ~~lc~~a- -x,n:~~s to CZat+S~ '~efore one raler.~'~r ~ ~:onti~ : _ tt~ t';~ date ah:•n s~ic? -o-~;.~' :cnts, ?teri;~s, ~a ;es, assessm~nts, - :+ater r1t~5 an-3 ~*~~e~ ~erz:?:e,-:a' cha.:^es, resnectiveiy, i+~ ti he~ome dt,~• and ~ - ;.av.'31e. i; a~y a~•o~nt -efe*-cK; te i~ cla.ises (i) ~hr~u,^,n (:ii j hereof is ~ ~e!jUi.C~ LO uC t~ET.i('iSlLt~; tf'IC :-!'?Tt~2~OT ittR~eT a r.ort^a;~c? .1T S]":;1~?: 1^SC?'i1P.1e?RL ~ . • . ~ ~ ' . - ! - VYVRh/~/L/ ?/NRM'V~ - . . . ' - ' - - - - ' - _ ~ ~ ~ ~ n s- ~ ~ ~'d . _ 1 z we . r r.,_ , _ _ Y~.~.i: .;S