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HomeMy WebLinkAbout0959 , _ , . , .~~ie sald MOngagor hereby Covenanls and agtees with tho said`Mo`ngagea as' follpws: " : FIRST~T1i-~~'`the conve~`11ie same"lb~Fi~~Mb`it a ae; ttiat~tFib sa~~`e ~~mises a oo~~e~e ~ia d'premises tn' IQe simpie ~ni~'?ias good rifltit t~i sell ~,nd , Moriyagor is la. . . . . ~ ~ „_a 9 9~~ ` _ ~cherged°bt an~ i~'o~S'all laxes, tax lyt, _ . , , ~ . ~udgmeMa mecha~id's41ie~~ ~"i~d anGUmbranc9s oi ~~~t~`r~ c~r ~tfi~t~ Whatsoev~r 8n~ha~~`~h~ MortQa~~f ~ir11~ f~ wa?~a~taan'd ' dsfend tha sama t h"~' Mort a ea~ a alnat the laWf~l~~lati~s~a~~ demantls of all per$on$ W assurances tt?°"pe~fect fe$ s~~~~" tit ~to~safc~ land tn ihe~Ao~ngagea, as inay~~~easpnable ~mgpevet, ah$ wlll'~n~ike such''~?ih~r , • , - ~y"agreeci ~~`b satd ~5bte"t~i be°"pald and aii"~nst~ii~me~l~i'i t~i"~"fp~l'and ir~tk~~f eqWreii, anc~ vylll p8'~t~i$'several sums''bf `~n" ' e~est~~h8~8o~'~fb`~ii~i~Wh9n°i~~, a~d accordtng C~'`tli`~"tenbYaii~l etfe~t~t th~'~ali~note. : , ~ • . ~~b:~tiat'the Mongag~"t~ivill pa~'a0 an~!'aTngulaf th~~taxes, assessmenta, levles, ~~l'~l enctri+nbrer~ce~~ot eve"ry nat~~t , ~ . on the attov8 des~'~ibed ' ~ ` ~ prbPe?1~i. a~d U~ pb~ 1h1l~~ii0ttgag~ an`d~`fi4l~te~ d~' tti`9''~'rie"~i'secure"d~li~reby,~ before delinquendy`Ihe~e'~t t$ evid~` ~ ~'~Ib~`~i a~d ~eceip T ment ot sal~`taxe~,'assessments; leWes~and er~~~~e, ance'~ ah~il~'be~deposited wit~t MO~tsagee On`or before M$~ch~st ~b( eA~h~§q~ceed~i5~``yea~ du~i~~.th~~t~~i i`"l~f '~~il~'~ib"~~ " 'c~if ~~me be n~~'~tdmpl~r~"~palt~"Wher1` dud;' Ihe Mortgagee~"ma"'~(witFib~lt .~i~igalion` tb "d0 s``oj° pa~7 the same,~'~7`~tie~b'~he `~i~tias8~t'~n'~Idwf~~~~ld9nc~" th~r'eof, .d~"'ce~liflcate theieto~,•with~~t walvtn'~"'Or ~f(eCtin~ffi~'`~ighf:h~'re~'d~'~n~f~~rtpAge. d'1"'th~'said ~n~'fe whiCh° t',hl'~ m~"~t~~g~`secut~a; and such payme~t~'0~ 8kpe~dit~e~s`st~'~fAde ~hall~bea~t~~est'~~lFi~date ther6of at the~l~te~Kh~.~~ie~t~ °l~' 1`~~~~e~ I per anr~`~m _ ~ e 4T~iat ~ii&`' Mortgag6`~ WIII'ke~`~ilr~eal anii''~ersbn~l~'pfOpeiiy''~1ow`bw`hereatte~ encumbei~d ~b~ th~'~lie~i"~I~ thts .~r _ ~ ~ . ~ . m . mortgage~n§ured as~m'a~°be`re~q'~tr~d~'irb'~i'ti~"n'~ to tfine b~th~:iMb'~tgA~eB agafn§1 16'~s"b~"fi`r~; wt~dalb"~f? aftd~~tti~~fh~z~rds, • casualties ~b'~iti~'ge'~i~ies t0~'§"~fi~f`~T~ds"~~ tb~?`~t ~"8s th"~'~9U~h'aifl~~'nts as ma~`b~~e~b~1 th"~ Mongagee a~1d td`'~i , promptiy When~due all premiums fc~"~C~~h ins5fanca , he arrjWr~`°1r t~t W N s y i L , ~ i t st ' ~ ' ~f1'~I~'$~ltance r~i~~i~~'b`'~'the Mofi~~igee'are expre~siv8`~bf . ~ ~ ~ y o~ly th~mi~~"~'~tlnts fo'~ whi~h s~1d insf3ra~lCe"~li~'~"e' tten and it $ha~l b~Ti1''~Fnb~nt ~pb~ iFie Mong°~g~ t~m ~htaTli~~h - ~ • K.~ ~.:r., - ~ a d di hona l insuranc~ as me y be`'~~ d s sa ry t A`$ ne~ t ~ i i d'~m~ l y~'• f~ l i j T i t h a" i~'~ I r'~ ifance re , ` ~ . . . . j . w _ } ~ ''~Tlirement~'~tatned~i°i~a`f~ p~R~ie`~`C~ . ~ _ 8 the en~Jth~t said Mdirtg~'gor t~~n~t a~inS6~~YtherB~i~der=ln`s~~nc~~hafl be writte~ b~ a"t~m~~"n"~i"~r"~~`~`ante~'e'~~"~sved b~`th M o n g a g e e' a n d a l l p~ l~ i e s a n d f e n e w a t s t h~ r e o f s h a i l b~~ h e l d " b~ t h e M o rt g a g e e.` A l l ' d~ t a i le d ` dea i gna tion~~` b~' t t i~ Mo r tga~ br . - . . , . which`ai~`'accepted ti'~th`~ (u~bitg~gee'8~1d all`~gteements between Mort98gor an~'Mdrtgage~~'~etatiii~ tb"'tn"~if~ence,-~?6w'existi~ ~ - , . . or here8lter made, §h~~nbe'in'writi~g ~~Td`~h~il tie `~~pari ~ff tfii8`~m7ing~ige 8gree~rient as tully a~'"ih~~tgh'~~t fOrth'~rerbatii~'~~`erein ~ . ~ ~ ~ . . , . . ~ , ~ , . and shal~~gdvernYtiBth p~itie~ " heretb~~nd iheir 8u'~cesst~rs'A~id assigna No~lie~ updn 8~i~"bf ~ai~ p~ltcies'of 1~5`suf~i?~e"'~~jibi~"ari~? refund of returrl~`~5re~iiiQi~Whlcli~-0"ma~~be`"payable'~~ tlie Cencellation`o~Eeri~i~etib'i~`th~re~f,°shal( be ~tve~ t~`titheY tha~ 1h~M~rt- - -wr . _ _ r . , , ~ . gagee, except b~ p~op8r end~~setineht '9ifixed to~s''t1~N~'~It~y ~ar~d _'~p~r3ved bjr= Moirtgagee.: Eac~licy"~f'i~l~~i~ar~e'shall have ~ aNixed thereto ~°3tandard Mb~tg~gee~~aUSe ~cc8ptabl~ td~th9 Mc~~itg~gee,~fiakif~~~afl'Ids~'br`i~sses~~`ndet"s~Cfi~"~ofl~/'payabte . to the Mong~gee as ~ts tntere"§t i`i~ay ~pear. I~l lhe ev~nt a~t'~surh~'~ ~Ums bt"Piiibiney~~tne~yabl~ lh~"ie~ind~?•the~ Mortga'gee shallPhave th'b`~~'~3tibfi td'fe~eive'ar~d ~'~5,~tj7'the's~ime~`Pi°~Z~~t bf lh~"(~id~~led~iess~hereb`y°seC~ired b1` t~"'~~~5it~the Mdrtg~~b"~ tb . . : ,1 . receiVe an'~'Ti1`sb'~'ii,"`t~7'~ny''~i~,it` lh~~eof,'wWithBGt ~ili~reb'~' w8~ll~~~f'1~p~irin~ BnY~~ty, lieri'br ~i~ht'~ffid~i ai1'd`tiy ~in~~`Ot~'[his moriga~e:' 1n'event'8i~idss oiF`~hys1~81fdamage°tb ~n~~fi8~geg'ed''~'i'bP~~:ihe Moitgagd~F"shall`giv~ imm~i~te' nbtic~'th~rebf'by ~ maiftc~th~'~Mort~ggee ar~d ttie'Mc~tgagee'~fiay~`~ak'e p~bof'~f~lOSS''if th~ sanie is°`n`~t~rifi~d~"p~omptij~b`~'th}~'Mo~tg3g~i:"Ifi'8ve~t ~ - , ~ of forecf~GrA"~fi'tNf~'f~`N~a~~"bT~the7'.trA~~fS7~i title"t~'t'~th~`n'~biig~`g9d~pfOperfy'li1'8iitirigUiShment ~t the fiSifebt~dnes~'secuted hereby, all{right,•tiN~-and'Tnt~~e'st'df}ttie`Mortge9~r (n`~'~'ifiio'an'~insbiaisce'"~licfe3~th6fi`ir'S"fOJ~~~'~h~fl~"pass~td~'the"piiichas~i"~r ' . grantee."~~`i'~1"~~ny~°`defAlilt~liet~bt~`(he MOi~fgagee"'inay"(bt~i w'fCh'~i~t'7lbligetior`s`'~fi"its''p~it~~~fl3"~lb~"~f18ce''ins~f~i5c~'an such I ror~ e esdace of~~h~n~~t e~~~ ~ae ~t~~~i~ h~~t~~~le ~al tr ~e 989~~;, u~rr~h~~`~n~-~t"~5ariey sb paid shalfbear~i~t~iest ~ ~ ~ ~PeY pe `i ~~~~F~~I h~t'all sums l~f ~ioney"peid'~°~AUSe~ t~'~~pa~~Tb~'ih~ M~'rtg~ge~`'i~'i'~d8`t'thA tAffis~$I'lhis'iria`rtg~~e'antl h~re3n ~ shall'be ~reii b~lh~rli~A ~f`tht9 eIV~ ~'e`'the sam`~ as th~` U~§"~3fM~ ne~9~ re•e~lle~i6ff~~~"rFie s1~i1~'se~~1r~ b~V"~ifttS'ifit~it~~9e, . Y ~ 9~. i~ ~~i s t~t b'~'t e~bt~ whtch tht~~"i"~rt~age seEures. 1 rP - . ~ FIF~i:~T~p~fm(t,~`timrFlit`~r s~,rt~'r waste, tmpairment=or`deter~ar~tia~$~`s~~H~fapeny,~~r an~rkpa'~'~he~e~t. ~ifib~~n , th~ lailu~~'~bl~~`th~'MOrtgag~Ytl~'Keep tfi~"buildin9s~a~ safd ~top~~it+~?iA°gbod°~ondititih Of'repair`.`~tti~~Mortg`agee may'de'man`c~ihe j immediate"=r@pair of ~said ti~l~~fi ` s, br an in' " ~ 7~g ~reasec~I~l~i?i~'~~nai~~tt''~f securitY, ~t" 1hA'~irrlilrti~`diate~f~8'~iayme~t ~bf `t~; dajrs shall Y se~tir"ed and"fhe' f~11atF`A"`bf'lh`~ Ml~itg~~b~tb"~bi~ly"with sald demand ~of th'e ~~uib~"~tgage~"f~`~ e{p~ribd 'l5f tifte8 constitut~ "a"bte~'~h°~~f'~isYm~itgage, aild at~the~'~f~fti~i~`"dt`ihA~~Mo~tgagee. immedi8teiy m~tGfA`IhA`~`~ifire"iti`iipafd ~f1~ip~1 gn'ti iMerest h~~$~`s~ured ~~d`ih~'MCrtgagee'rnay wilti~Ut"~`8tice,~`instit~t~ p'r'oceedings t~ t1'lreclose'fhis nid~tgage, and'8ppl~fSr the appofr~tr`It~r~t"bf ~"'r~celver, as herein~tt~rovided - ' ' _ , , " ~ . r . _ Sl~:~haf'(hAy~if~`iCg~~til'he~eb~i`~~ornises,°~vena~its ~~i1'd`ag~ees tb'°~5~~'tfi8 sfJ'tnS'~f~iF~bney an~i'ii~tbrest as'm~~ilTt~ned in satd'~if8~itiis~~f~'tbg~th~'t witfi'An~i`8r~`if all bth~ir ~ih3'"(U~stlj~'du~ and'oi~vtn~'(h'~`fNl~`'r'tgage~: b~`th~'t~ll~''t~Fi~reln, ~r~d ~eLbir$d to b~'~~eid es stated"th~teln pr~'r~lly:when due.~"61f~d~i~l(t`$h~ll'bA'~ftl~d~~1~1"th~ "payme~t(~~('fh'A said sums bf~P~'bn~'~'St>~ ~~ty pah ~ - - - . ~r_ ,P ; . thereof as ~rovided'ff~~ilis~~iid"h~t~~6`~'th1~ r~i"~tgege;~l~~'i~~h~rfht~rest lha"C~'na~b~~'ffn'~ du8'th~reofi'0'~'~h'~`p~Tt;ih~redt ~hall`'be in d~t~i~t°9ndt~i~`~id tb~ ~ apace'~ir ftl,.^. - , 4 , s , Y 6 or agfeeme~t"oIi'thb}par~~'~ff'i1?A~fiA~fg~~en~A~'#~~~ ~~8~~u~~ ~8~'rtg~g6t~breach.or iai`I~tb'°CAi~~l~-with'i~1j~'$~h~~~bv~nant gt~`~''t~b~~cl~riplied WItFi~(f~i~hosA~ca"ses iA whtC~hA`Optlbn°d`~~h~ MO~tgagee d18CcAlere- ; _ . . tion is ndt'~tliBrWlse e~'~ressly pftlv~'de~~li~~81n) anti s~Cf~bf~a~h ~i~`it`~~Of1'?pliancb ~~tiFi~~'fn°exlstence ic~r'i~'spac~`~f`t~fte8'~~`1`5) ' day~ then A"~i`~`tfOii'f"therfcefbr~?i at`th8`~t1oP~'~~~~!'Md~tgagee and without~~~tic~ t(~'thd`Moit~A~Bi"ih$~whol9 6t'said p~iK~ip~l sum ezpressoii in'sald r~dti~;`tOg~thd'f wlih°~ll°other 9ums therelrl as well ash`herein`~~rdDld~i~~ol,"~hall beC'ome titiiititedi~telj?'du~`8nif ~ payablb vriith~"~fi~tfc~' I~~the seid M~rig~g~r. : - . , in the has~~~~~$~ `t"~ffif111~'Ei9Ci~m~'ne~eas~f~7'"12~flace~~Ki~"~°~~egA An~th`~"`rl~ft9"sA~~led hereb~~'8iifi~f'~iY1„ ' ' ~ : , nds 81'~`i~'attAfne~''t$`~`'~bllectl0n~~`fli~i~satd MOrtgaqor ~6venants at~'~ agrees with`~[he~or(gageA t~ p~'~If`~osts;`xharges = ~ ~ ~ q~, ~ and esipenses oi such ~"611~ctlb'~; iti~f~"~ii~feasonable al'tb~~ti~I~`fees whelh~f`~ll~ted b"~"~(~re~losurb d7 0fhe~wf'se. ~ ~ . E~d~1''~`hat,=~~'ir~~the'ever~t any suit fa`b~Ot7ght-li~tii'~~1it~'7(i~7tgage, whe~Fi~~i~t$ztOreClo~e it;'t~~iefo~iV?`(t,~`Oi``O~h~nArise, ~ . ,,r . , and/or to enfbt'CA'p8~1~ti~ht ot'a"rtiy!'clelirl`hbreund6r, fhe~Mbrtgagge rt~a~ e~31~t0 gr~jf~'couit~Fiavl~~ju~isdiCti~r1 1hAre0f"Ibr'IFie ~~`~i1CCitiitiA~t'of a`r6~ceiver ~ot seid`~`8hg~ged+~it~p~'rty, as well~as°the inCefine, proiits~ issues an`d#revenuea'~ther~~f, arid the said . . I ~ ,~~?,,~o 2 ~ . ~ . . . ~BOOK"~~QU~~PACE ; ~ ..~.,m...,..r~ _ _ ~ . % V•..F.: . ,,-~«"...~.,~„`.F~,.~.-.-,~