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HomeMy WebLinkAbout1849~ rn~iri', arnt~n .~4rrrrunl .~f :~~~~~li..~hlr L~~~ It~~nu~~~~ .h.ill E~.i~ the ~~uuut u~ ill m~tlE;~_~~• in.~u.~n.i >>rrmiiun, n~ Ih~ ~~~annr: ~~• .~~~1.•.i unil.•r ~~:u;iLr:y~h '_ hrrr~~l ~~n` .~~n~nint~ ui~hr.~~i'~1 ht I~n~irr ~~ui.n.in~ ~~• t'u~ ~~.~~,~.~:i~~h ~. t~ith u~ti•rc~l Ih~ri'„~~ .h.~ll h~.'~~ti;.• :~d~liu~~,+:~1 in~lch~r~lnr., ,~t It~~n~~~~rr .r.•und h~ Ihi. \i~~~le f_.• 1~ilr.. H~~~~,~•.~: ~.~n.i I rn,lr~ .~Lir~ ~~~ ~~Ihr~ Icrnt~ ~~! ~~.~~ntrnL ~uah .Iill~~~ltll. •~l.l~~ ~ti ~'.1\.1{~~~ U~~i~l! II.~11~~' ((~Hll ~ iil~~~'I 1.~ ~;iNl~~l\i'1 ft'~+~1~'~Illil' (~.~till~'tll Ift~'Ii'~~t. :I11~~ ~~1.1~) ~h'.If intr~r.t fr,~m Ihr ,L~t~ ~~f ,ti.h~~r.rmrnl :-t !hr r:~tr p.+~.+l•l, Ir~~n~ timr tr I~mr ~~n ~~in,tandinc t~nnr~{~:~1 untk~ thc \~HC u~tl~.. pa)'mcnt ~~f ~nttr~.t .~t ~u.h r:~Ir ~:~,u!J hr ~r~~t!.~r~ ~~. ~pF.li.:~hlr ~:~~~. ~n ~~h~.!~ r~r:~t .u:h :~m~~unt, .h.+ll Fx•:~t i~yo~v~1 ~M th~ hiehr~l ratr ~~r~i~-n~ihl~ ~~ml~r :~, ~~li.:~hlr la~~ \,~tliin~ ::~~n~.~incd in ~hi. {~.u:~er.~{,h 7.h:ilt rcy~nr~ I rudcr t~~ incur :tn~ r~~xn.c ~~r tak~ .~m .~,h.~n hrrrundcr. 8. Impcclion. 1 ri~.tr~ m:~~• m.~l~r ~~r ..~~~.c ti~ hr m:i~lc rrac~~nahlr rntrir. u~~~~n .~nd in.r..•~i~~n. ~~f thr Pn~~xr~~•. pr~~~~~lr,l th.~t 1 rn~lcr ~h:~ll ~i~r H~~n~~~~rr nurcr l~n,~r i~~ an~ ~uch in.~:t~u~i .~k~iil~~ne rr.~.~~naM~ ..~i:.~ thcrrl~,~ trl:~tcd ia 1 endcr'~ ~n~cir.t in th~ Pi~qxrt~•. 9. ('ondcmn:~lion. Thr r~~~:r~d. uf .u~~ .~...~rd ~a ria~m ~~,r J:~macr.. .lirr.•i ~~r <<•n,~yucnti:~l. in :~•nnc:li~~n ~ci~h :~nc :undrtnn.qi~~n .~r „th~r t.~l,in- ~~f ~hc Pn~~xrt). ~~r ~,arf lhcrc~.~f. ~~r f~,r:rn~~rc:~nrr in licu ~~f ~~~ndcm~i:di„n. :~rr I~~rch~• .i«i~ncd .~n.l .h.~ll hr ~~:ud t~• 1 cndcr. In lhc ~v~nt ~-f :~ t.~tal t:~l~ine ~~f th. Pr~~{xtlc. It~e pru~~e~lc .hall Fx• .~~~;~lir.l ti~ thc ~um~ ~crnrrd h~~ lhi~ Mnr1~.~~~. Hith ~hr r~rr.c. if :~m'- l~.~id tr Borr~~~~~~ In thc c~cM ~~( a p.~rli:i) ~.~I,ns~ ~~f thr Pr~~~xrt~. ~~nl.~~ R~ar~~~~rr :md 1 cndrr ~~'herwi~r :~ere~ in ~~fiUtli. II1Cf~ ~hall Ir' ::~~r7i~.} N~ ih~ ~om~ ~«~ir~.l h~' Ilt~~ M~~rt:.~gi w~h rr~~p~~rli~,n ~~f th~ pr~kc!•d~ .~~ i. ~yu.~l t~• that rr~~~..~rti~~n wh::h thc l~~.~u~:t ~,( thc ,um~ ~r.urrd h~ th~~ ~1~~r1c.~cr immrdi:~Irl~ ~~i~~.r t~~ !hr datc of takin~ Fk:~r~ to ~he fair mark~I ~:~!ur ~~~ th~ {'n~Mrh ~mm~di:~teh~ ~~rrrr t~~ thc J:~tc ~~f iaken~. ~~ith ~hc h:~l:~nre ~~i ~h~ pr~k•r~~d~ ~~~id t~• Ro-rc~a•cr. lf th~• Pmpcri~• i.:~hand~~nc.1 h~ B,~rrr~~rr. ~•r if. :~ftcr ni,ti~r i,~~ I rmlrr tr R~,rr,,~~~•: ~h:~t ~hr c~ndcmnc~r ~~1Tcrc 1~ make .~:~ aw,~ni ~~r ~cttl~ a ~l:iim ~•~r ~1.u~ia~r.. B,~rn~w~, f.;~'. t~.~ rr.{~.~i~.! t~~ I cnJrr ~~~th~n 21- it:~~. •:ltcr thr ~I:it~ ,u:h n~~tirr i~ m:~ilyd. Lcc~~irt i. :~uthixii~d t.• ~~~II~c1 anJ :~~~I~• th~ rr.w.cJ.. .~1 I r~~~i~i'• .~t,ti~,n .ith~r t+, rr~t:~tatiun ~•* '~~`.:ir ;•f 1hC Pr~:prn, rr 1~, ~he ~u!t:, ,r:u:r~! h~ ~hi, \t~,ilza~r l~~ut., 1 cn.kr .~n~l R~,tr.~vit ~~t~rn~i.c :~grrr in ~~ri;in,•. ;ui: ~n:h .~~~{~li..it;,,,~ ,f ~~t~~~r~cl~ t~, rriit.il~.~! .h.~ll t~,~t r~lcnd .~! ~la~~~I~~~~1C l~ii l~U~ t~.~lt ~~~ 1~1~' IIU':Il~li~ ~Il~ld~~flll'lll~ ft'~t'i~ili 1~1 :'1 :;f.~lf.l^~l• ~.Itll~ ~ ~llfl~~~ s~f ~F1:II1'~~ I~It :11l1~~11111 ~~f .uch ~n.~.illntrat.. 10. Rorrowe- \ol Rcfcaccd. 1'~tcna~m ~,f thc tim~ f~,r ~~a~mr^t ~~r m~•~lifi::iti~~n r.f :im~,riii:Ni~~n ~d thr ~~im. .rrurcd h~• ii~:• \I~~rt~~.~~,~ ~r.~nlr~1 h~ 1 rn.l~r h, an~ w~cec.~~r i~i ~n~rrr.t rt R~~rm~~rr .h.ill n~~~ ~~rrr:~R 1~• rrlrac~ in am- manncr. th~ li.~hilit~ ~~f tl,r i~ri~~n:~l R~~rmwrr :~nd R~•rr~n~~r'. ~ii::r...•:. in ir~t~r~,t 1 rn~icr `t~:~ll nr~ 1.~ rryi~itrJ t~~ ~~,mmenir ~:rr~lin~. .~~.un.l wilt ~u~..r•.~~t ri r~t+i~~ t.~ ~.Irn.i tunr f~~r ~en~ntcnt ~,r ~thcr•.~:•_ in«.lif~• :~m~~rliiau~~r: ~~f thr ~um~ ,.~.'!lR'l~ Fl\' ~Fll• ~~~~~1~:1~1 F?\ fC.l~~Nl ~~~ J!1\ l~l'f11:1i1~~ I11:11~C ~". 1~~~' ~~ilY.•::t~ ~~11ff.".\l'i .11:1) ~;~~ff~~~~'l'f C\IIi~C~~~rf• 111 I~lllfll~ 11. Forbr•rrance b~• I.rnder \ol :~ ~~'ai~er. ~~:~ (,~rFk•a:.~~~:•_ ?. I rndrr in ~•~erci~ine .fi~~ ~i~~ht ~~r rrn~<<i~• hrrr~m~ler. ~,r ~~thrnc~.r :~t1:~rJe.t h~ a~~iir:iMr I.i~~ .h.i!I n,~t h~ .~ ~~.~i~.•r •r .,~ ~ ~C~!u~lr th~ c~rr,i~r "~ :~m •n~h rieht ,~r rrn~~~dt lhr ~~...i:rcr.~rt:t i~f in~~~r.in~r ur Ih~ {,:+~~m~~it ~~1 ~.~~r• ~y .~ti~r~ I~~~:, ,,~ :h:~~~~• i„ I ~t:~1rr .l~:~II n~t -x :~ «.~~~rr ~~f I cn~irr'. -teht 1~~ :li:'l'~CI.f1l' l~Ii' I11.UI1f1': ~~~ 1}ll' i'll~l'{~Il'l~I1C'• ~t'_UlC~~ ~~1 1~1'. ~~i~fIL:IL'l' 12. Rcmcdie. ('umul:ilivc. ~il rcm~,hr. ~~r,,~~~frd m ~t~i. \t~.:~~_:~_~_ :~rr ~li,sin:t .l~~~I :~:inul:,ti~~r tr .~•~~ ~~;hr• :~eht ~~r ,~mc~h .~ndri tfii. ~1~~tt_•.~~c rr :t1F~~i.li~l i~~ 1:~~~ ~•i ~yu~t~ :n~i tsi.~~ h~• r~rr~~.r,1 .,~n~urrr~itl~ ~n~l<<xn~lcntl~ .~r .•i..~,••i~•.•I~ li_ tiucce.~ur~ ~nd 1~.ixm Ru~a~d: Joint :~nd 1c~cral 1 i:ibilil~: ('aplium. Ihr .~~•.cnanl. .~nd .~t~~~nzrnt, hrrrin ,,•ar.un~~! ~h.c~; t,~n.l...;i~i! thr ti~~ht. hrrcun~lr~ .h:~ll ~n~~~r t,~ •hr r~~~~'r_tiir ,+i..e..~~r~ .~n~! .~~.iLn. rf 1 rn,lrr .~~~.1 I~,~rn~~~rr. ~uh~~•~I t~~ t!~: t~r,~•.i.i~~n. ~~i 4~:~t.i~_r:~ph 1% h~t~~~l ~11 :~~~rn.i+~l. .:n,i e,i~•rnt~n~, ~~1 R,,r~~ntirr ,i~.~ii i,~• j.~r~~i .~~ul ~.~:~.~i !fi~• :.;~t~.:; .~,~,1 hr:i;liii_. ~H ~h. r:ir.~zt.~nii~ ~~1 Ihi. \t.~rl_.~L: arr I~~r i~~mcnirnrr ~~nh .~nJ :~rr n~~t r~~ f~r ~i~cd I~ ~}ti;i~~rl ~~r dclin~• (!3~ i~r.ni.t~~n, hr~C~~' . 1-{. \ulice. F~•:~~~t frr :in~• n~~U~r rryiiir.~1 ~tr.!~r .~}~~`~~~.~hlr I.~•.~ t.~ h,• _~i~~n .~!~.•~hrr m:enn~r. (.ii .~n~: n~:ti~e ti~ I~;,:~~•urr ~~r.,~~~trd I~~i •n Ihi. ~I~•~!t:~~•r .h.~lt h~ c~~r~z h~ ni.~ ii~•~~ ~~t.i~ !:.~t~« '~•. .;:+~lii•~t tn.~it .~~1dir.•rJ t~~ H~~ri~~~~r~ a! thr Nr„~•rrt~ \,icir~<~ ~~r .~t .u:h •~Ih,.~ .~~!:lrr.. .~. B,,:r„~~~~ ~:.. : ~t. ~_•i~.:r~• h•. ,,,~~i.r ~~ 1 ;u~trr .~. {~r~~~iilc~! hrrri~~. :~n~l ~h~ ;~t.' u.~?t:r h+ I ~'mler ~h.~ll hr ,i~rn h~ .c'rt:tii~l nta:;. ,r' n: • ~.r,{`? •i~i :r.tr~l. .,~ l •~, tri'• :ul~lrc~~ ~t:itrtl h~rriii nt 1c~ .t:.h .~ti~~~ .itlil~~~~ .i~ I rn~1~• tit.r. ;li'~ien.ili h~ rn+: r., li~ ~•,•.~rt ,.. t`~,~.~i1~~1 'tct... ~a~~ 'u~li:~ ~r,.:'id~•J t~v ~n thl~ ~1r~!e.«r ~h.~ll 1,. ~irim;c! :~~ h.nr hrrn ~znr~~ t~~ 13~•rn~~.r .~i 1 ru~:r •..!~.n ~•~,,~~ i• t}ir n:.u~ni: ~1r.iin:~trJ hrrrn~. 1~. (~uiG~rnt ~l~-rt~;a~r: (:o~crnint~ I.~N: tic~rr:fbilih. i ~ : . ..>> ~,! ,tt ~.•.. ~:•r ~,rnhinr. ~~ruf.,rm ..~cr~~.~n1. t~~i n.,ti~~tt.~l ~.r .~~!:i +i+~si un: . -r: . ~.r;~:~=zr «ith :•in~ilr.i :..•~.,r:, ~, h,. , ;i. ! ,t,. ~~ • ~ . .,-r:t ~t, .e :. ~ t,~rrn ..•.~~ritc in.trr.ni~~>T ~~..~nnL , , ,. ~, t ~~~ thr i.~~~. ~ tfi,• .:!!i.,i~.t:,.~, ,•..hi;~, ;%~:• 1'.~,pir;. ~, i~~~.~tr~3 In thc rr:~' ~ r~ ; r: t~ 1 Iv. \1~ t^.:,~: ~h.,,l t c~.~.~t nr. , . ~~~~•ii1 th.~t .:!~~ t~t,~~~~:~~n .v rl.ni.r ,~f lhi. \Irri_.:_r ,~t !i~~ \, r . . .! ~fth .~T~rL:.~hl~• l.:v. ~ ~~h i~~nfl~.t .~.:II n~~t afTc~t •,t},rr ;~i. . .i,~~i. ~~! rh~~ \1~~r1s~:~c~ ~~~ ihr \rtr •+f~,.h ..~•: !~: _~~r,~ _':~•.t •.~i,t;,,~it thr ~n•'• ~!!i= rn~.i.i.~~~ .~m1 t~~ thit :r.~ l1~:• E~i.+~l~i~~~~~ ~•~ r~~': ~~rrtL':~Cr .~n~l (t~r •.~Tr .tr; ,I~.I.~iC~l i, i,i .i`. Yahl 16. Borro~~cr'~ ('up~. B~~rr~~•.~r: •li.~~~ ~~: !i~:n~•i~_.i .. ~.,i~t. ~~n ~P . ,`t ~•. ~'.. \~~tr .•r: + ,,f t-~i. \1~~t!_etir :it t1~~ ltntc • r~.c'.~~?i.,n,~r ~,t~t :~•.,v:l.iti~~n itc~r,~l 17. 7ran.~~r of th~• Propert~: ~.~amplion. 1• nl~ ,,: ,;, . ;,,,r! ,,t .',~ ~',.,rrrt~ ,,* .in ~~ttrr;~t :t~:r~~n i. ,~!~ ~~r tran~fcrrr~t h~ B~~rr,~~~ir ~~i~h~,•~t 1 i•n~l~r~. pri~~r ~+r~tlr~~ ~~~~,~rni. ,•~~ ~:~iir.~ ~.~~ Iti~ ~i~ ih, t~~t .~ ',~.,. .•r rn_umhr.~n.r .uh~,r.lin.~t~ t~~ thi. ~t.,;t~•.~,c th1 thc ~r~:~Iu~n ,~I .~ ~•~~r:h.~.r m,~i~i~. .~.~: r.~- :n'::~• ~,:~r h;~:i.rh•~~,i :iP{~l~.~r.:~~. lil .~ tran~(rP !,~ d~~•i~e. .iC~lt'1[ ~~C ~~\ ~+~~i'~.li:l~ll t~~ ~.~•.1 !Ii~1~Ii lt}~• :{i:l1~t ~ ~ .~ .ni 1i11.tt1' ~•t~ f„~ 1~N' L'!:t{'( ,~I ,itl\ 1::~\ift~~ll~ lilitfl'~I ~~~ 1~llt'~' \iJ.'~ ~~f ~l'« r,~,t :~~r~t,iinir.c :~n rrli~~n t~~ ~~;~r:h:r.:. 1 r~~•.Icr ,,,.,~ .~t I ~n.lrr~ •~~~'~~~r. i1.J.~ri .~~! Ih~ ~um. ~r~u:rd h~ il~~ti ~1~~rt~:~LC t~~ Fx :nm~.L.~trl~ dti~ .irtd .~.:~;~hl_' I a•ni}rr ,h.~li h,,.r .,.n~.:.! • ~.h ~,~,~i~~,~ t•~ :~.•.~Ir~.~<< ~r. ~ri~ r t~, thr ..~k ~~r t;:~ncfcr. I ~nJcr ~r~.l thr ~,rr„•n t~~ ~~h.~n~ th~ Pr„~c•~t~ i. t,~ hr -~ ~ t.+r (r..r:,l~rrr.! r~•,~.t: .~<~rii~tnrnt ;n •.~~iUr~e th.~t thr cr<<iit rf :uih ~rn~,n i~ ,.~t:-t:~:~,~n t~~ 1 rn.'.,r .~nJ th.,~ thi in~r~i., ~,.,:.~h~r ,~~i 'h: .~ir;r. ,.•:u:~.l M!i~i~ ~1~~~t~~:~tir ,hall F+~ :~t .;~ih r:itr c~~ 1 ~ndcr .h.~ll rc~~ur,l If-I cn.lrr ~i.« ~~:~i~r~i thr .,E,,,,,~. •,. .,.:rlrr-.~tr +,;,,~~J~.i :,~ ~hi. ~.~r.~,r.i~h 17. and if B~~rr~~wcr'. .:~rr~,~~~r in :ntrr~,t he. c~cci~tr~l a~.nttrn :~,.um~+tirn .~cr«m~n~ :~cir~~t:J in ~~rin:~~ h~~ 1 ~n~1rr. I rnJcr .h:dl rrlr.~.r B~~rru~~rr fr.~m all ~~hlii.~~~~~n. un.tcr thi. ~t~~rle:~tr and thr ~~~~r. - If I~nJc: r~erri~c, w:h ~~rt:,,n t,~ :~:~rkr.~tr. I r~,~lrr -.h.ill :n.~;l R~vn~t:rr n~~l;~r ~~f .~~~clcr:~ti„n in a.cnrd:~n~c ~~i~h a:~raer.~nh 1-3 hcr~rf Si:~h n~~I~c~ ~h.ill ~~r.~c~~1r .~ ~~rr:~•.i ,~t n,,t Ir~, th:~n ?(1 de•., fr~~??~ tt~c d:-Ir Ihe n~,tic~ i, m:+ilid «ilhin ~~h ~fi B~~rr,~~~~r m.~~ },.+~ ttu .unt. ~Ir~~.~rr~1 ~1i~~• I! It~•r~.•..rr f.~~l. t~~ E,.iti .~~~h .utn. r:i~~r t,~ Ih~ r~~~ireti,~n ~~f .ti;h (+rrukl. I rn.1.•: m,~~. ~~ith~,ut furthrr n~~ti.r ~~r .i~m; ni6 „n 11~,~;~,~.~~ r. ~nt~~1.r .~n~ r~:ncdir. {•~rmittc ! h~ F~:~r:+~r:i~h IR h~re~f. ti~v-[: ~t~ ~-x~t (~~~t t~~~ i ~ H~,rn,NCr :~nJ 1 rrnicr liirth.•r ~~,~rnans ,ind aerer ati foll~,w•~ 18. :~cceleration; Remedle~. F.xcept at pro~ided in par•r~;rrph 17 hereof, upon BorroNers breach of ~n~- co~~enant or a~reement of RorroNer in thiti ~1ortKa~;e, includinK Ihe co~enant+ tn pac when dae am sum< <ecored b}~ this ~1ortRaRe. I.ender prior tn acceleratiun shall mail notice to B~-rrr-wer a+ pro~ided in p•rra~raph 14 hereof tipecif}inR: I11 the breach; 12- the action required fo cure such breach; ~3) a date. not letic than 30 d•r}~ from the date (he nntice is m~iled to Rorrower, b}• Nhich such breach most t-e cured: and 14) that failure tu cure cuch brcach on or Imfore the dale ~pecified in the nntice m~v resulf in acceler~tion of the sumc secured by thi+ ~lort~•rRe, foreclowre b~ judicia) proceedinx and cale of the Pn~perh•. "[l~e notice ~hall iurther inform Rorrower ~~f Ihc rikht to rcin~late after acceleratiun •rnd Ihc ri~;ht to acsert in the foreclosure pmceedinR the non-existenc•s of a defaolf or an~ other defeme of Rorrower to acceleration and foreclusure. If Ihe breach is not cured on or before the dale sprci6ed in the notice. I.ender at I.ender'c option ma~ declare all nf the sum< <ecured b~• thi.'.NortRa~e fo be immedi~tel} due and pa:able without further demand and ma} foreclnce thic ~1ortRa~;e b~ judicial proceedin~. I,ender shall Ix entided to collect in such proceedinR all eapemec of foreclotiurc. includinR. bul not limiled to, reasonable attorne~'s fees. and costs of documentan• e~~idencr, atnlracts and title reports. 19. Borrowers Ri~hl lo Reinctale. ~~~twitF.~tandine 1 rn~icr'. ac~el~r:~hrn ~~f th~ ~um. ,~rured h~ thi~ 11~~rtg:~ge. Horrower shal) have the right ti. h.i~~c anc prckccdm~:~ Fxcun h~ 1 cndcr t~~ cnf~.rcc th~. ~lortga¢e disc~ntinued at am' time ! E a s~s-~ .. _.. . - .. ' . _ -.. _ ~ . _ _ b`!~K•J'3t7 Pab'f~J~'J 9 _ -"r-_, - . ~ 'I . _.