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HomeMy WebLinkAbout0302 ' ~ rs f • AtJD Ile Mapooer dap teroby awwewl owd ogrNa 1. Te porforw, cotwply wiN owd abide by and eN awry tIN tditwlNiau. egrww»wls, towdiNorta awd awwwta cowteiwed owd eel lent h said prowisaery veto awd NIa weAgege deed. To perwN, oewwk e. arffer M wasp awd N ewlwNiw tte leprowwewta N ell Nwea lw a etch N good reply owd oewditiowt clad N de a peratll N M deco N soil prowiap wNttwg Ihd will NNr a dowge Ne trw std ctorothr of wt1 preperfr K h wy war hipak w ureatw Ile of Nb watgoge. And h osw N tte refrael, weglecl, a Nobility e! Ile Merlgoga N repots awd ttaohtelw avid property, tte Matgegw stay, d its epNea, Nte and mein M slew Ito aewe N M wade, awd edtrewa tweweya tl Net MMN. To par ell awd ahgrla IM Nip, oawaatttMts, lesies, IhibAlKes, owd eMiootiefts N awry nofere M self deaotibed property each owd otraay wtew des clad poro?h oaordiwA N law, Mforo Ney Moshe deKwgwwt, awd N de1Mr N Ibe MerlgeRee ew w Mfere Motdt left N oed year tea ro- alpfa widewtlp 1M peywed N afl biwfrffr b?pped tottp ley Ile f~M oolewdw yttary N Iwdetwwlfr /M Merlgogee rpew Ifs dewewd for oM loses, eawswtewM clad dar0a ltd twsp M assessed cps Nia werfgege ew lte iwde?Iedepa aetatred hereby, ottd pelf by lte MerlNoOee..riNeM tegerd h ewy let. MroNhre ewecNd « Mreefhr N M ewachd NNahfl twT~I N tM wbeN er awy P•A tbaroef ttpew tM MerlOegee. 1. N e awwyanoe sbwld M wade by ite Merigoger of Ibe ~ berde deaalbed, M My. pelf tercet, awd lte groathe wewM h and arswyerta fails N rofrata N atawete Ibe peywewf of Nto obWgdMw orldewcod br acid prowbaery taele awd wtwtod br Nia worlgego, end h acardpp wNt Nteir roapecliw terns, flew awd tw ftd owwf, M lte epHow awd rtes lte dewewrl N fM MerpogN NI saws el attaeey aecrred Hereby stets iwwe- dfehlr Matwe hrMwkb des clad perebh. M b fttrtter cwewertted clad eNoad by acid peAlp fhN h fte evowl N e aeN Mttq fwaNfried N feneNae Nia wertgege, Mto MMl~agoe atoll M ewlitled N apply N ewy ftwe pewdhg srJ forecMsrre wh N tote oerrf totriq ~rriadt3iew thereat ter IM appohlwpt N e t+alw N eM owd alwgrbr Ito werlgegd pnopeAr, cad N ell rewb, laatwp, McOM, harp sled awsrw~ ~tt~~srr~~pff. from wtotaoerw aorra driwdt esd tbenrpo it b tenbr ettpnsalr cewwoated awd ogrpd NN lte soeA sNM NtitttrtNt eppeMt attd riseitteet wiN Ile rare) power awd drop N reciieers i• lib Iowa/ clad self eppNwfNy .ball M wade bl? fte cent ea a ttaaller N strut rlgtt N No MafOeOee, end •rlltorl referewa N Ito edpracy M h- edprocy N tM ralw N IM propotfr Mreby wetlgegod, a N fte aoMwer N iwaNwwry N IM Merfgopn w ay Nter party dehwdawf N srd srH. TM Merlgega hereby ttpecitioelly waiwa Ile rt4M N obpd N Ile eppNwtwowl of a reatwr es ehrowid cad Hereby etyroasy ~ensewb Nsl srd appoiwfwewt steK M wade w ew atiwitted prify cad p e waMer N o?wlrh right N the MergeNee ed Itef tM toetr war ie dace wittwt Mlles N tto Mwtgoger. 8. M feroclesrro proaediwga darN M haNhhd ogaiwat fte pteperly ce+rered ?Y Nia eterfgogo rpaet awy oNer Kee a dotes wMNer ollped N M srparisr K (rwier b tM Kow N ftis Nrtgoge, fte Merfgegee war d ifs eptiew iwMdielely rpow hsNtutiew N srd aril N dryly tb pawdewcy thereat declare this werfpgo owd tte iwdebtedneat aecrnd hereby des awd parebb /orlhwith owd ttwlr of ila eptiow ptoaed N leie• clew Nia watgage. 7. To par all awd atagrlar Ne ooaN, charges end •tcpewaea, hdrdhg ellorwey'a tap eM ebakecl t»ata, reaaeMMy hcwred ar pafd d any lilac by Me Merlgsget ?ecorw of the foKrro of tM Mwtgoga N perforw, oswply wiN, awd abide by oed owd awry 1te sKprletiow, opao• spb, cowdi?iowa, sled eowMSb of acid prewiasory weN end of Nia werfgege, N oilier. 1. Thal tM INerpoga will tore all real and persatol properly wttw K tereeRM ewtrwbend by /he lice et Ihia wtorlgage iwtrrod w tttoy M rprind frees tiese N line by Ile MMfgogee against loan by fin, wiwdalarw cad oMer to:erds, axrelfies and awliegeaties far ardt periods oed far not has flow astd oworats w war M rprind by fie MoAgogee, arffichwt N arar tto ebKgotiews osarwN h Ilia wertgsge, awd N pay prowptlr when des aY pnwirws fa asxh inswotsa. It ahoK M hawbeat rpew fto Merfgoger N wahloiw wd addithad harrows a1 aaoy M weouaary N seN awd aswply hKy wiN oq to-iwarrawa regrirewtewfa aaroiaed h acid pelichs N fb cad flat acid MorlgogM b wof a ce-parrot tterotrw/et. Insrrawa stall M writhes by o anpwy a< awpowip epprotred er deaifltsNed by Ito Morlgo0ee owd oN peKdea wd rewewob ttereef stNl M teN by the MOrlgogee. AK deleiled deaigwatiata by tM IWergogsr wtid ate eoottpted by No Metfgegee etd aK ogreewewfs beMeew MMlgagor awd Matgogw ?elatiwg N iwnrrawa, wow a:istiwg a hereoNer node, alwll b• h wriKwg owd slap M o port of Nia woAgoge egroewewt os folly es lhargA wt forth wtbotiw tereia end atop gowrw MIh parties hereto awd flair arooeasors awd easigws. tie KM rpas ewy N acid petkhs N haurawa or rpon owr ntuwd a rolerw presirw wtich rear b• poyobk on the cawaibfiow e< Ierniwetiea hereof, atop M giww N otter f?aw tto Morpogee, e:apt br proper ewdorsetwewf affixed N arch policy owd opprowd br Malgogw. Ead policy N hawowa atoll tow ofti:ed NereN a Slowdad- Mew York Mortgagee Glares without COwtribrtiew, wtakieg all lea e1 lasses rwdM srd peNq payaNo N fie Morlgogeo oft ifs iwlereat way appoer. In ite ewwl oar ww a. ars• of seaway tease poyobN tMrwnder IM Mwlgogee atoll tow fto phew N reoeiw awd apply tM sewo ow otxsttwt of the indebtedeess heroby aecrred, ar ro perwif the Malgogor b reoeno owd rw H, or awy pert tMreof, witted thereby woh+iy K iwpeklwg ay equity, lien or righl uwder cad by rirfue of this sortgoge. Iw ewrtl of has a ptysloel dewoge N iho worlgaged properly ire Mortgagor tttoN giw isssediote wofke Ihereef by roil N the Mortgagee owd the Mortgagee way nob greet N less H the aawte is wof wade prowpNy by Ne Mortgagor. Iw ewat of forechsure of ibis sortgoge or otter irowsfer N title N ite tserlgoged property iw estiwgeisttweaf OI the iwdebledeeu secured tenor, all right, fiNe awd interest of IM Merfgegor iw owd N owr hsrrewa policies thew h less shop pose N Ile prrdtoser a grwhe. 9. The MoAgagw way, et ifs eptiow, awd without troitriwg ih right b eoalerah fie .hdebadweaa tenby aecrred owd h hncbw Ito sore, par either before a offer deliprewcy wr a all et Nose arfoiw obligotiews ..grind by Ne lerws Mr.ef b M pout br fie Merlgeger ter Ile protediow of the wortgoge aetrrity ar ter the colkctiow of fie iade6ledweas tenby aecrre/. All arws w odeowced er paid br tie MoAgogw step b. dorged inro the seAgage oooouwt awd beawe ew ietegral port ltereef, alibied iw oM rospeds N Ile pres. awditiowa, awd awwawla of the aforesaid prosissory etch, owd thin wwrtgtsge, es trYr awd b the ease eshwl os ttestgt a part N lie origiwol iwdebadwea etridewted by said weh and secured by Nis wortgoge, esceptiwg, towew?, Itet acid srwa atop M repaid lie Merlgogee feAhwiN upow its iesow/ awd M is odditiew N the regular wowthly inatallsewb provided by Ile wMga~e weh. - 10. That M weiwr of owr awwowf Mnfw « N lto eWigefiew aecrred tenby steK d awy Iia» tereofhr M told N M e weiwr N tie terns teresf a et Me weh secrred tenby. 11. TAoI iw order N otxelerde tie wohritr N IM iwdeMedwess horaby secwed bearw of fM failstre of fM Mortgoger N pay ewy Iaa oaseassewt, liability, obligotiew a ewwwbrowq rpow acid property p teniw provided, H staK wet M weatwrr ww rprisih ttol the MoAgogee shall first pay the vase. i 12. Te pay prowpllr all poywewk des rpeo prier (wawbrwwces, H oey, atosrding N tie ferws owd coedittawa ttereoi of aN fives, awd ro rpuesl iw writhg that tto -owner or folder e< sold prier hcrtsbrowaa, H awy, Mtity tto folder tersef, of awy deKwgwwq tterevwder, prier !o a default vwder acid prior hasbrowce. Iw fM owwt of defovN, towver, a as N ewlith tie owwer or folder N svd prier inpnbrewa N toredow tM sose, thew flit wtertgege awd fto eggregeN sues ttsewtiewed iw fto prowissory wtNe leered pvravwl Iterde, stop becep des aN peywbh, owd Nsv estop N acid eves shop fAeroaflor beer ew iwtereal wwtrw •Mw itt vwpot! belottoe frow IitM N five, plil hKy paid, ewyttiwg iw aNd prowiswrr web N tM oewlrery woMiNahwdiy. 13. tf wr N N. suns N wtewey t.ni. re/.md N M wot poewpNy owl frMr paid willies Nirfy 130) dare went eff« Ito aowe wwrNy cone des owd poyobh, a atoll awwit ow ed N Mwtrvplry awd/a fih a tore filed ogoinal ties a pelNiew h Mwtrplq w /er aw arroegesewt, a H cad awd awry fM slipvlotiowa, ogreewewfs, oewdilioes ea/ awwada of said prewissory woh awd this worlgsge er either, aro wet drly per- forsed, cowplied wiN awd abided by, the oggregah ww twewtiewed h acid prowsiasary woN w Nterwiw secured hereby. stop toccata des awd poyobh ferttwiN er Nereofter d fie eplee N !ta Merlgegee, es fully owd oewptetdp es N wid oggregeh svw'M rewel? fret erigiwellr sNp- ubled N Mpaid M svd day, h which crawl tie ealirefr N and eggrpoh ww shNl Mar htenst of fie roh N .p~ tno pM awl Mwrw rpow tie vwpoid bolwa hereof rwfK Irllr paid. ewy/hhg iw said prewtswry weh er teniw N Ito oswkorr wolwiNatowdiwg. ~ 11. In the etrewf d sak of tM propery the Mortgagee shop be notified in writing of said sok prior 10 o fiwol closirtg of said sok and/or transfer of lick. The Mortgagor Mrein does hereby covenawt with the Mortgagee that span the request of the then-holder of this etortgoge, that the Mortgagor wig furnish to acid holder a atotewent in writing of the exod priwtipol unpaid boloace of the time of said request, within a period of not awe thou fiw days frow dote of sold request. N the Mtorlgogor does wot furnish sold atatesenf in writing, then of the ekctiow of foe Mortgagee, sold AAortgogee s mvr declare the within iworlgefe to be in defouh. 13. If this swtgope is n junior 1'iea, and should any senior sewtgoge be increased, extended or olrered in oatounf of its ebligotiow, thew op pro- coeds obtained br the swlpogor shall be oppGed to the diatinuotion of this wortgoge and should the sttortgagor fail to cotephr pro.eptly with Nis requinsent, the holde? sexy of his option treat such foihrre on the port of the ewrtgogor to par the some os o brooch of this swtgoge accekrotirq the principal sus hereof. IN W WNEREOi, tM wid Mort herwwder sob Aia tees/ awd sad Nh fie day awd year firA slew wrNlew. liigwe~,t seoleir awd deKw?ed e/s ~ l - k . . ~ o~ -....Z ..ra.c~a...Q.... CArus ..............~IIGI~ , ~l ~ !,Lc u .............J~I i3tAt~ ! .....................-.....---•--........-........-.......................---Iw?t1 ~1 t~M t 3?1K ~15 PAGE JUl THIS INSTRUMENT PBEPARSD BY: Pedro P. b~agumo, 1150 SW Ist St.r Suite 217