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HomeMy WebLinkAbout1262. ~ ~ . • t H. lnxpection. 1~~nde~r muy mukr ur rauKr lo I~r rnadr n•.~sunubli• rntri~•a up.~n and in~c{x~•ti~~n+uf th~• pru~x•rty, pru~•~d~~1 that I.~•ndrr shuU ~;ivN li~~rruwer nutice priur to xn}• such iny~xvtiun H~~•ifying reu~;un:-bl~• c:-u+t• thrrrfur r~•l.~trd tu lrndi•r's inten•at ~n thr f'rupert>•. '.1. l'ondrmnution.'1'hc pnK•~~~ci~; ~~iany uw•an1 ur claim tur damuKe4, direct ur cun+~Y~u~•nticil, in ~•onnr~•tion w•ith am• iv,ndrmn:Uiun ur ~~the~ taking of tht~ pn~~~rty, ur part then~~f, ur fur cunvrpuncr in liru uf ~•mdrmnutiun, :~n• hrrehy :~Kri~;ned and xh:~l) hr puid tu 1.•ndrr. In th~• ~•~•ent ~~f .s tutal tukin~; uf th~• !'ru~x•rty, lhr pr~K•iti•d~ ~hul! ih~ ~~ppli~~d to ihe wm..E~•until b~~ thi~; Vurt~;.~Ke, with th~• rxc~•x~:, if an~•. ~~:iid tu liurruwt•r. In thr c•vi•nt uf a purtii~l tukinK ~~f the 1'n~~~rrt~~, utilt•,s 13urru~.•er :ind I.•nd~~r ~~thrrvri~;i• uKrew ~n w•ritinK, thrrt• ahal! tx• ~}~4~li~~i tu thr sum~ seY•un~1 l~y~ thia llurt~u~r ~u~~h pruEx~r.ii~n uf thi• pnK•~v~l, ;~s is ~r~uul t~~ th~u prup„rtu~n which th~• ;imuunt of the sumc ~~•rur~~l b~~ thi~ \turt~.i~;r irnmrcii:~t~~l~• priur tu tht• d.-tr ~~f tak~n~ IK•.-r. tu thr fa~r murk~•t ~•ulur uf th~• !'ru~~•rty immedi.~te•ly priur t~~ lhr d.ite ~~f ~.~kin~;, w-ith th~• halanca• uf th~• pnK•~vdv p:~id tu fiurmw~er. If th~~ Pn~EH~rh• i. ab.~ndun~•d ht• Iturn~NV•r, ur if, aft~v n~,tire by I A•~drr tu I3uRnNY•r that the rundrmn~~r ~~ffera tu make an aw:-rd or yettle a i:um G~r duma~;.•s, li~~rruwer f:-ils tu rrsp,n ~ t~~ Lrnder H•ithin :i~~ d.i~•s aftt•r the dati• such n~~tii•E• i. muii~~1. i i•ndi•r i~ authuriz~rl U~cuUE~c•t ;u~d :E~pl>~ the ~,ruc•.~:~~K, ;-t I.~•ndrr'+ uptiun, rith~~r tu rr:~turat~un ur n•{~;~ir ~~f th~• pn~{n•rty ur to the .um~ .~~~ur~r1 by thi. Murt~;:iK~~. l'nlr.. 1 xnd~r:~nd fA~rrow~i•r othf~rwi.~• .iKnti• in ~~•ntin~;..iu~~ such up~•licatiun ~~f prortr~dv tu pnn~•ipal sh:ill n~~t e•xt~•nd or ~x,at~,nr th~~ dur l.~ti~ uf the munthh• in.t.-liments refernd tu in par.~};r:~ph.r• 1.+nd '~ h~•n•~~f ur i•h.~n~;t• ihr .~muunt uf su~•F~ intita:lment+ 1;1. RurruH~~•r Nul ltel~•usrd. F.xt~•n.i~~n uf th~• t~mr f~~r pu~•~n ~nt ur mud~ti~~:~Uun nf:unnrtiz:~ti~m ~~f th~•.um,.rrunvf h}• this ~1un~;:~~;~~ ;r,u~t~•d L} L~•nd~•r t;~ an~• .ucc~•:s~~r in intrrc•st ~~f li~~rn~~c~•r xh.ill r!~~t ~~prrat~• t~~ n•I~•:..r. ~n ai~~ !nauni•r. th~• li:~hiiit~• nf th~• unKinnl li~~rruw•er ~n~! Kurr~~Hrr's .ui•rr.sur. in int~•r.~st lA•n~i~•r .h:ili n,rt h~• n.~uinKi i~~ c~~inm~•nr~• pn~i•~YV1in~. a~;.~in.t ~u~•h .ur~r..~~r nr n•fu.~• tu i•xtend Um~• r{~a}•tn~•nl ~~r~~th~•r~vi:r m~~dify .uti~~rt~citt~~:~ ~~fth~•:utn..rrun,l h~ lhi: ~l~~rt~;:i~;~• h}' n;~.~~n ~~f:~nt ~1~•n~,~n~i mn~i~•h~ th~ ~~ri~;u::~l Ii~~rru~~i•r ~~~~! li~~rn~~vrr. .u~-c~•s.~~r. in int~~r.•~t I i. N'orbearance by Lt•nd~~r \ut ~~ V1'~iv~•r. :1nv ;~~rhr:tr:in~•e• h~ I~~nd~•r in r~t•n•~~~n~; :ui~ rt~;ht ur r.•tn~r1~' hi•rruml~•r. ur uthrrw~.r• +t1~~rdcri hy aE1,~lE~ ;~htr 1:~~~. ~ki:~ll n~it tK• a~v:~i~re ~~i,:r s~n-~•lu~i~• th~• ~~~rr~ i.r ~,f a~i~ ,u~~h ri~;ht ~~r n•~n~rl>• '1'hr prncurr~n~•nt nf in.ur:u:ce ~~r [hf• :~.~~ nu•nt uf t:~xt•. ur ~~thi~r I~~~n. ur ch:tr~;rs h~• I.•n~i~•r ~hal~ ::~,t !K• ~t ~c:u~~~•r ~~f 1~•:id~•r`.: riy;ht t~~ :~~ crlr-ate• th~• matunt :• uf th~• ind~•ht~•dnr;s .,•urr~1 i~~• thi. \l~~rt-~:-K~•. ~:.' NemtYii~~K ('umulutiv~•. :~II n•~nt•di~~s pn~~•id~•d ~n ttu. ~1urt~;:~~;~~ ;~re• dintin~•t .~rn1 ~•urnul:~ti~•~• tu an}~ uthrr n~ht ~~r rem~~!}~ under this ~l~,rtf•:~~;~• ~~r aff~~rdttil i~~• law iir iv~u~t}•, anci ma~• tx• rs~•rcis~•~1 i~~ncurrentlt•. ~ndr~x~ndrntl~~ ~~r su~•~•t•ssi~•elv. i:;. tiucce.surr i-nd :~+si~ns Ruund;.luinl and tie~•~•rt~l l.iutiilit~; ('aptiun~.'I'hr ~•~~~•e•siunt.:~nd :~~;nvnu•nt. }i~•n•in c~~ntainrd tihall ~,:nd. ;end th~• n~;hc~ h~~rrw~d~~r :h:~il inufr Lu, t}lr ~r.p~•ctt~r ~ui•cr...~.r: :ind a..~Kn. ,~f Iw•nd~•r .~nd fic~rn~we•r. ,uhJrct t~~ thf• prnc~siuns uf :• ~r:~Rr.~E~h 1- h~•ny~f. :\I! i•u~e•nant.:in+1 a~r.•~~m~•nt~. ~.f fi~~rr~~~~c•r .h:ill !x• ~u~nt :tn~1 .~•~•e~raL "1'hr ~•upU~:n:.::nd i~~•adin~. nf thr pnr:t~;raph. ~~f .::i; ~1~~rtk;~~;~• :~n• f~~r r~~~~~•ni~•n~~~• ~,nlc and an• nut U~ ~k• u;t~ci t~~ interpn•t ~~r d~•fine~ thr prucis-un: hrn•~~f. 1i \utii•r_h:~~e•~~ti~~r:u~~n~~tu~~•rr~~uir~~dun;lrr.~~~~~!i~:~hl~•i:~~~;~~hrt~~e~n~n..n~~th•rm.~nn.•r.';u:~nen~~w~•t„ft~~rnnc~~r~~r~~ci~f~df~~ru~ ~~~+, ~l~~rt~;:i~;~•.hUII IN•~;1\'t'll ~\' AI:IIIin~; su~~h :~~,tu ~• i~~: c~~rt~fi~~i ~n.ul :~~Idr~•.~.~~i t~~ it~~rr~~wrr:~t ch~• F'n~p~•rt> f1il~lrrs.nrat such ~~tht•ra~ldrrs~:i~ i;,~rn~~~~ r tn.e~~ ~s~~.~-;n:~,~• h~• nutirc• t~~ Lrndt•r .~s 4,n~. uitti~ h~•rrin. .ind ~li~ :iny n~~ur~• h~ I~•ruirr <li.~ii tw• ki~~~•r h~• rFRifie<! nt:~ii. rt•turn rir~•ipt ~ y urxts~~l. t~~ I.. ~~di•r'. ,i;i~in•.. st.+t~tii hE•n~tn ur tu :u~•h ,,iher :+~Idn :.~ :i~ I.em~1~•r ~n:~y r!.•.i~;u:~tr h~~ nntii~~• tu kn: ru~v~•r .:; pr~~~•i:l~Ki h~•ri•in. Am u~r pn,~:..i~•d l;~r ui thi. \1urtR.i~;~ sl~:al! h~•d~~a~m.~d t~~ li:~~e h~•~~n R~~~•n u~ }~,~rr~,.,rrnr lA•nd~•ruhe~~ ~;~~•en in thi• rn:u~nrr~lcs~~;nat~d hen•~n .-~. l=nif~-rm ~1~-rt~;.i~,~•: Guct~rnin~ Lu~v; ti~•~•i•ri~hilii~.'I~hi. i~.rm ~~; t::~~rtk:~~;e~~ ~~mhistr. unif~~rm ~•~,~~•eiants fnt ttiati~,tia? u.rcui~j n~rti- ri:!~:nn ~,~crn.i,:t~ te~th lim:[~vi ~;~n:~tu~•~:1~~ ~ur~~~1u ;~~~n t~• r~.n.t~tut~~:~ unil~~nn ,ri unt~ u~.trun~rnt ~~~•ce•r.n~: rr;~! pn~E,e•rh I~hi~ ~1nrtE;aKr .ul h~ _,~~.•r!i~.! h~: th~• lu~: „- -:~,.,~,~>>~i„ T~,,.~ ~„ "~~~, r: chr I'r~~1~ •rtc i: i~~~ :~t~rl. In th~~.•~.r:if t}:ut :~,~c Fin,•: t~:~~n ur~ luus~• ~~f t}:i: ~1~~rt~;:~krur _ - \~~tr ~:~i;t',~, t. ~clth .~~,~~ii~ ;!~~1~• L~H. ~u~ h ~,~nfl~, t -h;~:! n~~l :tfi.•~~, ~~tt:~•r ~~n,~~i.i~~n.:.Cthi~ \U~rt};.~R~• ~~r thr \~,t~ uh« h cu~~ h~•~;~c~•neff.~c~t ,:il~~~irt th. r~,t~t~1: U:~e~ ~:n~~t:.~~n. :ind t~, 1l:~~ e•n~i t}ie~ ~~~~~e~~i~~r~~ n( [ti~.• ~~nrt;;:ikt• :~r~f! th~• \~~t~• :in- ~1«•r~:ur~l i~> !a• .~•ee•r.i:~:~• ;•; li~~rru~~ ~~r'ti ('up~•. !{~~rr„~crr .ii:~ll ht~ furr.i,h~Yi ;s ~~~nt~~nn~•:+. ~,~pt~ uf rh~• \~~tr and nf thi~ \t„rtkaKt•;~t tl~~• u:n~• uf ~•~r~ utwn ~~r;iftrr .. „ni:iu~~n hrrr~~f. 1,- '1'ransft•r uf thi• f'roprrt~•; :~~~umptiun. If ;.ll •~r :inc pnrt :+2 tti~~ F'r~~Ek•rt~ ~~r:~n intrre•,t th~•r.•in ~. suld ~~r tr,en~fe~rn•~1 h~ Ft~~rruHe•r t ith„ut le~n~ie•r~: pnur unttrn cun.rnt. ~~x~•iu~l~n~; ~.u th. i r~ :~ti~,n ~~f ~ lie n~~r ~•n~ wnhr:~t:rr :ut~~~r~iin ~t.• tu th~. ~~urtk:i~;r. ~hr thr crrat~~~n uf u ;.~rrh:~;t• m,~nt~v .~•~•urit}~ ~ntt•rr~t fi~r h;w.~•huld :~p~,l~:inrr., ~r~ .~ tr.~n,t~•r l,~ :ir~ ~... ~I.•.~ ~•nt ~~r h~ uFk•r:itu~n uf 1;iw~ uEi~~r: :h~• d~•ath ~~f :~ }~nnt •• t~:~nt nr ~~1 i tlic• y;rant ~~f :~n~ li•a:~•huld intt•rr.t ,,: threti• y~t•:~r. ~~r Ir... n~~t ~~unta~n~n~; :u~ ~~ptiun tn E~ur:•h.~se•. !A•nder m:~ ~.:~t 1~•nde•r'~ npt~f,n. :~•~1:~-r:~llth~•.u~n:;ccure~th~thi;.ll~~rt~;aR~•i"ik•inun~~ci~.,h•~~r~ur:~n~fE,:~~,~1~1.• I.~•nd~•r.'~;~ilh:~~~Hai~•~Yi.u~~huptiunl,~,~~~ct•;.-r:it<•if.pnur ~ t4i~• ~:~1~•ur tr:~n•If'C. IA't1il~•r.~nd t}u• Fn•n~~n tu ~~ hnm thr }'n~F~~•rt~ ~. t,~'t~r.~.lr~ ~~r tr:~n:frrnd r~~.+~ h.+~;r~•~•rnt•nt in ~e~.iun~; that th~•~•r«ri;i ~~Y.u~~h . rs~~n i~ ..iti~f,u t~~n t~; 1.~•tni~•r .~;i:i th.~t ~fu• int~•n :i ~~:~~:il+;• :nf th~• .um~ .~•! ur•~± i~~ thi~ ~l~~rt~.~~:e• .1i:~11 h.• :~t :urh r~t~• :~, i.e•nd~ r xh;+ll •,iur~t. lf I..•~i~i~•r h;~: ti~:~~~~,? th, ~~~~ti~~n t~~ ,i~~i~•1~•r;~:~~ ,,~~~ci,;~ ~l ;n tfii. j~.+r.t~r,~p}z i:'. :~n~i ~f K~~rr„~srr'. ~~~:~~ i•~~~~r i~: ~nh•rr.t h;i. ~~~ri ut~•~1 :! ,;~Rrn r~. .urnpi:~~:i :~~:r.~~•~ci. ~it :u iv ~~[~•ii :n ~en*.~nR i~e I.~ ::~i~ r 1.~-n~i~•r ~'~.ill r~ ie ,~~«• fS..rr~.~.~~•r tr~~m .~il,.h::~;.iti~ ~~i- un~le•r t}u: :l~~rtt~.~~~•.~nd th~• \, ~t~•. If Le•n~l.•r ~~,-r~ i~~~. .~:i h~~E~tt~,~~ t~~ ,~~ ~~ i. r.~t«• I~ n~1~•r ~h,~:! ~z.,e~l It~,r•~:•.~.•r n~~::~ ~-~~f;~r~ ~•G r:~ti~~r; in ,i~~r~~,-~3:ir.~ i• ~tth E~.ir:~~;r.~~,h 1 1 hrre.,f ;~ 'ti nnt!r~• :}l,~il ~~r~~ iilr :~ E~~•n~Ni ~~! «~~t i~ .• ti~.ui ::n~l.~~> tn~tn t!i~ ~i,~tr ti:~ u.,r ~. .~ ~~ :r:.~;ir~. t~ i[hir; ~cFur}~ It~~rn,~ti~~r:~::tc F~;~~ t}ir•.ut:l.; ~ir~ 1:~r~Ki :u~• ff 1{~~-n~~c<•r t:+~i. t~~ {~:l~ .,url: :~m. ~,r,~~r t~~ th~ ~ a~~;r.~t:~~n ~..~.. h}„•r,:,,i I.t ~,~i< r n,,ic ~c;±;i~:ut fiirch~~r n•,(i~'r nf Itr!Il.ti7~1 nrz I:,~rr~~w,•r, r~~ ~~kt• :~rtc r~•~n~•~!~«•< p.~ntutt~~l i,~ p.~r.~~:r;~nf: t~}~~ r~-•~t IK. :-~~~•~•1~•ratiun: K~~m~•dii•.. F:xi•~•pt ai. pr~-~~di•d in para~;raph 1? h.•r~Y-f. u~~n Kurro~~•i~r'~ hr~•ach uf s~n~• cu~•~•nant or .~~;r~•~•m~•nt ~~f Kurrvrw~~~r in thi+ ~Surt~aKe, includinK thi• c~-v~•n:ints t~- pa~ -vhi•n duE• an~ tium+K~•cur.•t11n' thi~ ~1urtE;aKe, l.t•nd~~r priur tu ur~•i•ltvut iun shall mait nut ii•e t~- Rurn-w~~•r a. pru~ id~•d in pura~ri~ph 1 1 h~•r~~uf specifj~ink:111 the brt•ach; ~'ll the actiun r~~yuin•d to ~~urt• .ui•h br~•.irh: 13-:~ dati•, not I~~ss than :i11 da~~~ from th~• da~t~~ th~• notic~• is mail~•d to Borrow•er, bc ..•hich su~•h hre•uch must bi• ~•ur~•d; und ~ l- that f<-iiure~ t~- cur~• tiuch bri•ac•h ~m ur t-edore tht~ date +pecified in the notice ma~~ n•sult in .u~cel~~r:ition uf th~• ~ums st~i•urt~d b~~ this 11urt~;ay;t•, fur~~cl~-~ur~• hy judi~•ial pruce~•dinK and sal~• of th.• Propertv. Thr nolic~~shtill furth~•r inform 13orruw•~•r of th~• rikht tu r~~in,t.iti• :ift~•r ucri~lrrati~~n .~nd the~ riKht to atitiert in thr tur~~clotiur~~ pr~x•et~inQ tht~ n„n-exist~•nce uf:~ d~•faiult ur an~- ~rih~~r d~•fen,~~ of !;~-rru~c~•r t~~:~r~•~•1~•ratiun and toreclusur~•_ If the br~•ach i+ not curt~d on ur h,•fur~~ the datr tipec•ifi~•d in thi• n~~tici•, L~•nder :~t I.i•nd~•r'..~E~ti~~n ma~• declare aU otthe vum~ ,~ti•e~ri•d b}• thi~ ~1urtKtikf• t~r ~~ ~:nm~•di:~t~•ly clu~• and ~riy:~bli~ ~~~ithuul furth~•rd~~mand :snd mi~~ G~rv•~•I~~~i• thi. \lurtka~e t»• judici:~l prui~e•~•din~. Li~nd~~r tih.-11 b~• ~•ntitl~~c! t~~ ~•ulle•~•t in +u~•h prui•~~~•din~; .~11 ~•~pi•nr~~~ uf f~-n•i•In.uri•. includink. but nol limitet) tu. rt~a.~-nabl~• :~tt~-rn~•~'s G•i~s. and ~v~sts ~-f d~~cum~•nt.~r~~ ~~a-iri~•n~~i~. :~1-clr¢u•tv :~nd titli• rfyi~irt~. 1!1. Korrv-w-~•r'ti KiKht to Keinsttri~•. \ntH•ith~tan<j~n~: I.~•nii~•r'.:~n ~•i~•rati~~n,~fth~•:um,.w-ur~Yl t~~~ thi. ~tnrty;:~~;~•. li.~rn~H~•r~hall ha~c• rn~• rikht tn h,+~-~~ an~• pn,~ rrdiny;~ fN~~;~n hc Ixn~i~•r t~~ ~•nt~~rr~• thz. ~t~~rt~;n~;r ~li:~ ~~rziil}:11Y1 :~t :+n~- t~mv priur tr~ rntr~~ ~~f a ~ud~;mrnt e•nf~~n~~nR this ~lurt~;:l~;.• if: !:i: K~~rr~~~~f•r p:~~•. I.:•zi~1r•r :~Il sum~ ~~hirh w• ~ul~i h~• tt~e•n riu~• un~le•r th~. ~1urt~;a~c-, thf• \~,t~• :~n~1 n~~te•~ ~e•~•nnnK Futur~• ~\d~•ani i:+. ~t.u~~•, had m, a~~~~clt•ratinn ue-currt~i: t h11i~~rr~~~a F•r i urE•::tII bre•a~ hr• ~~f an~~ ~~tht•r c•~~~•.~n:~nts ur aKre~•mt•nL~ ~~f K~~rr~~w~~r ~ unta~ni~1 in thiti \1nrtk:~~k~ :~~~~ fi~~rruK~er p:~~. :~I1 n:~s~~nahlr r~ik•n~t•. in~•urnv~ t~~ Iw•n~lrr in ~•nf~~r~•~n~; the curenants and :~~;n~•mrnt~ ~~f lt~~rruw•~•r ~~untainrd in thiti ~1~~rtt;:~K~• an~l in rnfurc~ny; Ik•nd~•r~: rrme~die•: ,~ti pn~~•id~•d ~n p:~r.~~;r:~ph :~ hE•~e~~f. ini•ludinK. hut nnt limite~! u~. rf•as~m.~hl~• :~tturni•~•~~ f~•~•.; and ! rl ~ KnrruKrr tak~•~ ::u~•h :i~ ti~~r. a~ ! e~n~~e•r ma}~ n:~,~~nuhlc rt•ywrF• t~~:s.~urc• th:~t the~ li~•n ~~tthi. Jt~~rt~;a~;e•, 1.~•nc3er'v interc-.t in thc~ 1'r~~EK•rt~• and fi~~rrn~+~e•r'ti nhli~;at~~m ti~ p:i~~ iht• sum~ .~~~•ur~•~1 tn~ thi~ ~1~~rty::~~;r.h:~11 c~~ntinut• un~n~p:~~n•d. l~Er~n ~u~~h pay~mrnt aind curc• h~• li~~rr~~wt•r, th~s ~1~~rt~:a~;~• ;~nd 'he~ ,~Ljiy;;~huns ~tY•un~i hc•rt•h~ .ha~l r~•ma~n in fu{! f~~rc~~ and e•ffe~•t :~s iF nn :.: eele~r.~tiun f,ad ~x•curred. '1~~. :~~siKnment utKentti; ~~ppuinlmt~nt of Necei~•er.:~~ :ul~liti~m;~l ~~•~~unt~ he~n~unde•r. ~iurr~~w•t~r hrrebc a.tiiKn~ tn 1~•ndt~rthrrt~nt. nf the• 1'rn;n•rt}~, p•uvidt~d th:it Fiurr~~x~~•r ~h;:ll, pri~~r t~~ a~r,•IF•r.~ti~~n und~•r p:~ra~;raph { r ht•reY~f r~r ~~b,snd~mmt•nt uf thf~ Prnp~•rt~•, havF ihN riKht tu c•ullc•ct :+nd rrtain tiuch re•nt~ as thr}• ix•cnme~ dur an~1 p.~~~ahlt•. Up,n acc~~le>rati~~n under p:~rakraph l~ herE•~dnr ah:~nd~rnm~•nt ~~f thr~ i'n~~•rty~, I,e~nder ~hall tx• F•ntitliY! to ha~•e a recri~•rr app~~inte~d b}• a i•nurt to f~nt~•r u{wn, take Fr~s~~•ssiun ~~f and man:i~;P the f'rn{x•rn• and tn c~~llc•ct the rent~ ~~f thr 1'n~pf~rtc, ~n~•ludin~; th~~w paat duE•. All rents ,~.~~~t~ ~tYi -~~~ ~n~• rt~~~~•~.~~•r sh.~l) tx• appli~•d first t~~ p.~~ m~•nt nf th~• cnst~ ~~f m.+n:~~;~•mF•nt ~rf thr I'ru{x•rt~- and c~nllFCt~un ~rf rents, includinK, but ni~t iimit~~ tu, rer~i~er's f~•ec. prt•miums ~~r: rf~cei~~i~r'~ b~~ndc ::nd mc+.nnabl~~ ;~tt~~rnrc~s f~~t•s, ,ind the•n tu the ~ums scrurt~i h~~!hiti ~Sort~;.-Ke. Thr rF~e•E•i~•~•r sh:ill ix• Ii:~b1~~ t~~ ac-cr~unt unl~• for thn~~~ re~nt~ a~~tu:itl~• rc~c-e~i~~w~. ~..:`;~351 s~~GE 12~9