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Home My WebLink About0934 ~ . . .4. ' i. . , . . ~ ~ ~ . ~ 'k . ~ . . ' ~ . _ . . . ~ . . . ~ . ~ . . ~ ~ . . , t tegal descnpUpn ~;t~ovc thal'Mp~tglq~t h~s lawtul aulho~dy to convpy° mo+IC~ac~Q a~d enCUml~c thc s~~me aS prov+Ue~ by ~J~ ~Y . J Ih@~MOrt~1~U. th~it Mfirt~~f-fjCt n~~1y pCttcC~~t~iy 31~rsonsYwhom.SCaeve~par~"U tM~t Mortcl~t~nrnsc~th~t Mp~tc~~goi,w~~l dei~~tu , lhp MO~E ~fce1 Pfbp~~ty ~fCJl~ns! tie~ citt~mS of ~il w~~n~'1nls . , . , , , 2• Payment "d~°~Tax@s and'Ciena. Mq~tc~a~oi s~~at1 pay att ihe taxes. asscssmcsnts ?c3viQS. ~~aU~?~t~es ot~~c~AUOns ancJ . . ~ enCUmbtBriCCS W ovtDry ~~tit~C now an l~it~`Mort~~`~c~ec~ Piope~iy oi lfi~~!'h~reaftei may bo ~mposect iev~~U a assassect t,rx~~: th~S~Mbrl a c o~ tl~~"Mortc~3ge~i Prot~e~~y o~ i~~~cr~ the +nclchteciness secu~e<i he~et~y ~1l ~Lrcl~'p8ymtinls t0 t~ mat1Q wri~r~ ' ~J 9 nu'solaa s~rn o ac~tir"tliii j~~" lavv betora'they bc~dm~ iiel~~queni antl before any interesl att~hos br any penatty ~s ~ncuir`eci P~f+ mdabted~loss is ol recorti'~h~ same shall f~e~~omptly sat~s(~cii a~d evidQnce~dl such satisS~ction shaNbe giVen~ ' tb'Matg~gee. , . - ~ . , - . 3 InsuranCe:`M~+C~agi~r$halt°it~~'~S'ti~c~~Aoitt~~g~]''~fb{~e~1X and~the ~rttp~ovemonis now'~x~st~ng ot ti~teatter Ar~t~d ` b~-.ihe M~iCg~g~tl P~b~ciiy~s~7red a~ ~ay be ~~uir~i`1 `from~t~me b t~me by~~vloi~fi~e at~ainst °loss ~by lrrp; othar hazaids ~ and~Cn~ti~ge~cies (~nc~~~iir~g`Opbd°hazacds and fel~l~tl:oCL`~rr~nces in`iFi~ bvent ai~i''ptiitib~ ol the Mb~'tgaged~Ptoperl~' ?s lt~cal~d n~i t a~~rd a~e ~ ~~~Rent~t~~i (~o~t~1o to i~me) ~n such`am~,nts anii lor such paFitids as ma9'tx~~f~ui~ed ~ ~~y . ° by `Fii(~rC ~ eo Mo?~g~~di~lials ~ ~a1ty, wheh due;. any'"~iiemiums on such insurAnce AII insuranCe shatt b~`C~ined With _ . b . . compantes a~~ttfv~i`by Moftg~~ee anfi ltib ~5ot?Cy artid`re~Qwals therebt shatt ti~`ti~d by`Moitgag~~~'n~f1~fi've attache~!°the~eto ~Ioss payable cta~ses ~n iavor a~~ th"i~rrri ~cc~ptatitQ to Mort~~gee In'th~ Qvc3nftif toss:'M~ii~g~~Sr sha~~ grvQ ii»t7ied~ata notice t5j~ fiad't~i°M6~fij~~~e ~i~`fvl$~tga~e~5lr?ay;~rr?ake p?oo( o) yoss it r~t ~~tl$'p~or~R1?y~b~~'~orfgajC~ Each insurance''cofitipariy . : c~em~d ~s ti~t~by ~U?t~tSriz~d ~+~ti' ~~ec?~lla ma1tE,~'~iaymehts fbi sucli IQSS d~rectty Ib Mo11g~~ee: instead 2~i1 e+lher f~ Moitgagor ~ ~ MT~'i~"c~a~o~ an~i M~iit`t,~`~~'~ointly.~lns~u~nce p~bce~tls'~r any pa~i ~Fi~rebt~~nay"be applied~by"Matgag~e at its~o~ltron: aiter ~ii~itkl~n~"lh~li~n'au ~ts expenses ~nciuding'~Itorney's lees, e~1f?er'I~tli~?~`tlucti6n of~IFie°i~ii~tit~tness her~by seCt~r~"~r 1 ~h~"e testorat~bn o°i'~ ~ir g °ih ~ . y ~ P ..~c~ g ~ ~ `sulh~~Z~ na br ~'~pt+`on to selite ~nti ~~~t~i~se p ' Q pr a 1a~~15~ ~~awards: dam~ es ~i h~rj aamfi ~Noii" ~~e +s hQr~ ~ ts d~ct~on and foce~ds, an`d a olher undei any ins~fi~~e` poticy. In (h~ ev~l~t'~i"Ibreclosure ~lhis Moit~ac,~e' `cS~ ott~~t iransf~r 6t GtCe ~i~ ~Aoiigagei~ prbpertj~ iii exUnguishme~t c~'°the intlebtedn~ss secUr ere all ?i it lilfe. a~f~'~t~est~~f~Apii y, , i~ ~ gOt~i~i a~t~! to ar~?nsura?ice~~~ bn'th ~~'foYC~ Sha4 jiaSS tb~`Ih~i1?~haser - bY: g e ~r ?~~tee~ Mori a ee~~n _ a~r t0 de - - ~ g ay al ds~Cipt~on r Utr~ t~lo'°iC~ pos~t vtirih°`~,Aoi~ ~`urstilay d each`month ~n ~tfdiion t~ mak~ng payme~?ts d~linc~pal af~q ~nter~st, untd the-N~le ?s 1~U}~rpa~d, ~n am~t"n1 ~qual ta oh~twel(th"~~~f2j d the~ye~rly p~emiums for afl insifi~ncv.' Such~cl~~sits shaN nol be.° no~ be''tfeemetl~to'be.' lrust I~rids.°but m~~t5~"~`~`r~iin~t~i~vi~ill~'ihe generaf (uritls d Mo~~~C~, and no ~nlarest s?+atl b~ e~r~~respecT"lFi~i~f. U~h'tiemand by M~iitg~~ee. ~Ib'ftg~g'a Pay~~ ' shall d~6~r~to M~rt~~~~e su~h atfd~GOna1 m0i'Hes as ~tO:nL~~ssary t~i'~iti~Ke`up any` det~c"tenciQS in°1h~ amo~l~ts r?ecessarY ~ - C~'~"ri~bte Mloi'~"gag~ to p~y suCh ~pcemwms when du~ I~Ihe' ~rtl qlFtietauu unde~ ~ny ot`the tefins ~ov~~2~~~s ~ixi co+?`it+t~dns' - ir~ the N~te:°Ch~s Mortc~at~~ ot anyF bther"P?isCrurri~r~1 s~cUn~~`ti~~"`IJ`Ote`tb'"f~eb'~riormeii or ~bserv~ b~~"Mdr'~g~~~iti,~'~°o"rt`j~gee rri~ry';`~Pply'tb fhe T~i~IcGbn bt th~ S~ifisS6CUr~'ti~~eby, in ~h`rn~hner as M0~`t~'~'lj8e 5hai1'deteimine,' anji'amtwnhunti~r th~S'° f~ph ~emairn . . , . . . p'~ m~ t6 Matga§o,ys'c~eciit°antl a~y`returnpremium re~e+ve~"tr~'~cancetl~t~o~`W arry=~nsarance"pohcy , ' by Mor~g~~ee~~p~iitoreciasur~s d'th,s KAb~t~~ige. . ' ~ . 4 Con`demnatlon. lt'the`Mort ~ ed' pe y ny part (hereol ~ha11"be'dam~i (wti+cF? terrrm ~khen us~etl tSL~an shal! ~nCtucie'any~tlamag~ 0+` t~1Gri~ taY a~f~' 9overi~neMal a~t~e2i`tN tak~~i°thioUgh ~diid~mn~lion . hbntjr`or ar~ ~Eher authority authonzed ~ by this'laws d'ih~ Stata o1 Ftor'itla ar'ihe~Un~ted States d America to st~s'dam~'~Q bt ~iake, ~fld an~ transfer' b~'`~r~vate sale ~n heu` th~r~; either tLT~(3c5t~nlyTor ~ieiin~nently, tfi~ ~rltire"ind@tit~ffliess ~ntl`Other sums seCUred'fier~by shall. at the oplion - ~ cS('Matt~~ge~, becorrie immed+ate~y due and~payabte Mortg~gee stiafl bts ent~d~i to ail compensat~on awaids •ti~rsi`ages, claim5, - ~ . . ~ : ~~t~f~tsol acfion a~itl:'proce~tls W: ac on account d~any tl~m~ge"~'tattth~lti~~wc~h °cont~emnatid~l"~~"ici ts hereby. autli~iz~ii. - ! at its~optron."fo'cckrifil3nce; appear ~n and'prosF:cute. ~n ~ts oi~uun or~Moitg`~go'r's name, a~y a~ti~~"proceetling rel~fi~'`to ~ny~ Cbritlemnatibn: and~to settle'or ~~i~dm~se any claim ii? ~onnection (fi~rewith: Att su~h'c~lnp~nsa[~7i awaitls. tlarri~~es, cla~ ms. r{ghts d act~on and'~5~d~c~eds. and any othe~'payments~dt' ~ehe1, ar~th~ ~ hC tfiereto. are her ' ~ ~J _ ~Y ~9ned bY Mor1'~agor "°tb Mort~agee ar~d`Matga~ee atterkdetiuctrng liieielri5m all~~Is~eic~?tisesir~ctuU~ng att8~~ey'siees may retease"any mon7es so'r~e~veif by ~t w~thout affectin~''!he ~~en ot lh~s Mortgac~e of may ~~"th~? same in such iri~nner a5 Maigagee stiaU detei~ne, to th~'~~ductibn ot'th~ sums seeur~it her~by antl to any pr~pa~irfii~nt"+charge pro,nd~d ~n`tF~~'Note:'th~s Mo~tgage'b~ any other ` °~ns t r r t l l fient 5ecur~ng°tht~~ Note"'Any balance ot such mdnios tNerr remaini~ shall b~'pa~d to'Mafg~yo~``i~ilorig~g~r "~§tees'to execute sucii' (Cti~her'ass~gnments 6r ~ny compensat~ons: awards. ciamages. clasms: rights o( action anti prnceeds'as Mi~~fgagee ~ ` rr~~y"require. ' . 9 9 P y~ d Ihc~ M6t g ged'p bperty tinnPhou~ he w°?tgagor sha11 not 7emove or demd~sh ar~ bu+td~ng or other p~ope~ty itii'ining p~rt ` ` rilten consen! oi Mortgagee Mortg~g~Tr shali nol p~rmit. c~xnm~t. br sutter any waste, ~ ' ~~mpa7~r?en1°W deteriorat:on ol the Mortg~~e~ Ribperty a any pa~ tt~'~r~"it, a?iti shau keep`t~'e sa~ne a~ ~rr?provemenis thercon ~n gbotl cond+tion and fepa~r` Mortgago~ shaD"not,fy Mortgagee m wnUng rnrithin hve {SS tiays d arry ~r~ury: damage. of impairrrie~t ° d'br occ~afir~ng~On th'~"M~1t,'~g~'~?rqp~rty' Morig~gee may, at Mortg~gee's d~scret~on: ha,ve the M6rtg~gedPropertY°inspect~v ~ at any~time ar~tl ICr~wt~~it~o~ stiall pay al~ c~sts rncurretl b~ Mafc~agee ~n executing suCh ~nspect~on. ~ 6. Mo~tgagee's Ri~~'f tb Malie Certain PByments. li~ th~ e+~M~i~gbr la~ts b pa~r" tx d+sCharc~•tt~~'t~iicces. assessments, ~ . le,nes. bab+l~;ies.' Db(igations ar~ en:.ufrlbrances,'o"i la~ls to ke~p`th~ Mortt,~~~~"Prop~~ty insi,fed of't0'ti~INer`trie~pol~ies; ~prem~ums pard.~or ta~ls to repa~~'the M~ltgag~i PrS~ty'as here~n agrt~,`~Mbitg~~~emay ac ~ts~option~pay~or°~d~scharge ~ tlfie taxes, aSSCssments. ICVies: t~ab~bt+es. and ok~igations and ~ncumbranCes of ~ny paii ther~pf. to`~~1'oduCe anii pay ffir Su~h n~cessit cot ar?' makme ~h~e?eo! ar5tl an t suclh Mrnre~agee shalt have ~b'ot~t~gaGon' an ,ts part to' deterrntrte 1he val,d~ty"dr Y Y PaY f Y t~Y . sha~~ not wa~ve or aNect a?~yr op~,on. hen equ~ly or rRght oi Mdttg~gee under o~' hyvl~t~e o? ih~s Matgage ~Th~'luti gmovnl oi ea~h anfi'every suctti°payment sha4 be imm~d~atety due antl'pay~ble and sha!) bea~ interest~trom'Ihe dafe thereo( ~lni~! pa~d at [he Deta~l~~fiate, as h~r~nalter tietined. an~i tb~ethe~ with such"i`nterest, ' _ , ° shatl b~ 5CCilrcd by the I+pn ol th~s 11Aorty2lgC `~Noth~ntj FS`~«i~~Ctfnta~ned shall be construeci as requinng Ma`tg~gee to adrr~tiCe 0~` Cx~nd'~nonies (Ot arry:01 lhe~puipdses mehl"bt~etf in'this p~iac~r~ph. _ 7~Pay~ne~?t'~i~`~xpenaes:~MatC~~gtir shali pay aIl th~ Costs: ch~i~es afti(f'expenses. `mctudmg reasonaWe attOtneyr•s ~ (ees wheth~r"~nCufr~cJ at tr~at or appe0ate tevel. d;sburs~rn~nts arid C~st`of abstracts dt'title; "±~currcd or pa~d at arry'time by - Matg~gee=due to_Ihe 1a+1u?e a? the part o~ Mortgagar pran~tly a~?~f`luUy ;p ~ttbfm: comply w~th `antl`~t~iie~by ~~h°and ~vety st~pufat~on'. at~reement, coni3~uon anci cavenant tir'tiie`h~ote ah'~`Ihrs'Moitgage Such costs: char~jes a~tl ezpenses: shaN b~ immediately due antl pay~bte. wheiher a+ no1 i~i'~rc be not~ce: demand. attempt to cdiect o~ s~~t ~end~ng Thc fu11 amount d each arid every such paymen~ shaN heartnteresftrom the d~te'thereot untd pa~d af the Detau~t Rate, as`here~nattef defined, " AN s~lCh'COSts. chart3es and ex~ense5 so ~ncurreii a pa~d togeth~~ v~nth such intereSL sh~tt be seCtired tr~~ the lien di th,s Mo~tgage and any'oth~r ~nstrumCnt.secu~~ng the Ndte ' 8. ~Aft1~t~~A~~1~i~lre~d~P~plt~ty.``Th~~ fien o~ th+s Mbrtc~~g~ wt11 automaiically attach. Hnlhout Surther acl, to a~! aher a~qu~r~d ~bp~rty'f51 what~i kind located m or on, or attaCh~f to, or used ar mtende(f tn t;e us~d ~n conneciion with oi ~n fhe.~5er~tiGn - d `th~~ Moftga~~i' pro~e~ty - , _ . . 9. . Additionsft)oCUments. A! a~~ t~rnes th~s~ Matg~ge ~s m ettect upon Mortg~t~ee's request, Mo~tgayor shaN mak~ execute . - and det~ver or cause to bc'made. executed~and dct~ver~i Cb Mortgagee and. where appropri~te, shalt cause tb'be `rc~c6~tf~f d~ f~fed anti fhere8tt~r tb bG ?~r~COrdccf CH` re(~tetl at such Gmc ~nd ~n su~h~`ptaces as sha11 t~deemeCi'desiraW~ b~ytMortg~~ . any antf atl such further mortggges, ~nstruments:of furth~r assuiance. cett+ticates arytl oth~f~tl~umems as`Matg~gee may . . . . - . " . _ ~ 600~V~~~~X~~ ~ ~ k . . _ . _ _ -