HomeMy WebLinkAbout2371 •ortgag~, or th~ ~ntir~ balanc~ unpaid thor~oA, sball fort2n+ith ~
ar th~r~att~r, at th~ aptioa o! th~ sortgag~~, vithaut notic~,
b.~o.~. ana b. au. and payable, a~thing ia ~aid Aot~ or h~r~fa
to tho contrary not~rith~taading. l~af lnr~ by th~ aortgag~~ to
~ucercia~ any of the riqhts or vptioa• h~rein provided shall not
constitut~ a Maiv~r of aAy riqbt• or aptfons nnd~saaid not~ or
¦ortgage accru~d or ther~aft~r accrufnq.
3. 8aid aortgag~ ator~d~~cribsd is her~bp fnrth~r aa~ad~d
ia that bsgfaning ~ceab~~ 1, lgi4 a~~ ~oathly tharoa~tor ths
aortgagor shall place in •+tcra+ with th~ aortgage~ a au~ eati~at~d
by rortgaqN to eqnal 1/12 of the annual real prop~rty tas on
th~ prap~rtp d~scrib~d in aaid aortq~ge. '~h~ sortgag4o agree•
to apply aaid •~cra+ account tawards the payaent of r~al prap~rty
ta~ce• in Hoveaber of 1975 and ~acb y~ar thsreaft~r. If said
~ J - _raJ ~l ..s a~..~.. ?t.~w ~w,r~nnnr
•aarva accouni is lilSYiLi~:iY~ii j+s.i~~.... ~a ..~.-~o- r----- --~--s-~--
slu~ll pra~ptly pay to aortgage~ auch •uw aa f a necsasarp to -
pay aaid ta~xos in full. -
' 4. ?hat cortain tortgaq~ de~d afored~scribed fa heraby
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further aoandad to provid~_that in tha evont it becamea nec~eaary
to eoll~et tbie note or aortqaq~ throngh an attora~y, th~ ~ortqaqor
t
~aqr~ea to pay all costs of collectfon, inclndiag a reasonable
sttorn~y's fee which shall inclnde trial and, if any, appeal
ther~fraa.
In all oth~r aspocta, the eaf8 tortqaqe as beinq r~corded
in O R Book 225, page 1592 througb 1594, is bereby ratifi~ and
coafira~ed and t2iis Mortgage Modification ~igr~eaent ~hall b~ con-
~ sidered aa though it wers contain~d in ths original oortgaqs.
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8 g~ed, s ad and delivered in 8 ~F`:••'
e resance : Frank x. Paaqua no;~,, fd~iit
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800K PAGE 2370
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