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HomeMy WebLinkAbout0936 lu Nr~e And To Hoid the +ante, tugrlhcr wi~h :+Il an~1 ungular U? A Surn ryual (u thr gr~~und rrnt~, if arr, nr~t ~ut, pt~~ thr '.!~r tenemrnt~, f1CfCl11IS1i1CAlS and appurtenan.rs thrrcuntu t~lung- prrnnum~ [hat w~U ne~t btromr due and payable on Ewl,,ir+ uf ur ~n an>N„r apperta~ning, and thc rrtiersion and re~rr~ion4, fite and uther hazard tmuranrr co~cru~g the mort~agc~1 proFxrt~, ~r:i~a~ndrr or rens:~inder~, rcnts, i~+ue~ and prufits thercof; and pfus ta~es and asses+menti ncxt dur on the m~xtgag~d {~ro{Krty +'~u sl{ thr e~tatr, ngh1, utle, interest, hum~ucad, teparatt t+tatc, (all as tstimatecl by the Murtgageel Ics~ att sum~ atrraJ} pa~d ,~.~~sr»ion, ~la~m and drnsand whatxx~er, as wtl( in law as ~n thercfor divtd~cl by thc numtxr of munths to rlapee brlure i~nr „~u~t}, uf thr saiJ tfurtgaFor in and to the seme, and e?ery part month pnor to the date xhen ~u~h gruund rcnse, prrmiums, ta~e~, ~l:rrruf, w~th thr appwtrnan.rs of the ,aid iiortgago~ in an~ [o and assea~ment~ wi11 becumr dclinyuent, w.h ~um~ to tx hcid by ;':r ,amc, and t~ery p;trt snd par~el therc~~f untu the ~aid ~iort• \lortgaget in trust ta pay sa~d ground rent~, prrm~urn.. ta~e~, and :s.te in frt S~mple. s~ial assessments; and \nJ the ~tortgagor hrrrb~ ro~rn:~i~tc N1th the ~lortgagce thst ibl All pa~menu mentivnrd i~ the pre~cJ~n~ .uhu.nun uf ttu; ~ti indr(ta~~blp sr~red uf ,a~~f land ~n tte ~imple; that he ha~ full paragTaph and all pa~ment, to tx made u«~er the nutr se~ured ;~~~~.rr 1{ilS IdNE4I right tu ;~~ri~e> the tiamr in fre s~mplc as hercby shalt be a:idtd tagethrr and the aggrcgate am~~urtt thcrr.>f .~~~~rr~aid: that it ,hall hr iawlul fur thr ~iurcgagee, at ail time+ shal! bt pa~d by tht Mortgagur rach month ~n a~inglr p~ymrnt tu ,~ra~tabl~ and yuietl~ to enitr up.~n, h~~W. ~.:rupy, and rn~o~ .a~d tx applied by ?h: \lortgagce to the follu~~og ~tcm~ in thc order , 'and, and rtier~~ part thcrrvf; that thc land i+ and will rrmain trrt sct furth~ ~ '~~~m a!I tn~u?nbran;e~; tt~at caid ~tortgagur ~~ii malr tiu,h fur- (i1 ground rtnt~, ta~c~, a++r,~mrnt~, fur at~~i othrr h;,~~r~i ~r: ; ~:rr a.~uran.e~ to pru~e ehe fre ~imple tittt tr +au1 land in +ai~ tiurance prcmiurz~.; 1lurtgagee ati ma~ hr rra,~~~~ahh rryuurd, and that wid ~i~~r~ lii? ~nterr~t on tt~e nutr ~e.ureS hrrrh>; :.e~~ir J~x, hrrch~ fully Harrant the tit;r tu ~si:1 tar3d, Afl~ ttCf) iiiil nmoctuatian ut the pnncii'ai nt ~s~~f n~~tc. ;•.i*t thrrrut, an~ ~iil ~3cfrnd thr ,,?me again~: ;hr 1~~Iut ~iairn+ uf (i~i latt :hargc~. I ~~rr,um N h<~mcur~ er ; Pro?ided a1v?t~+, an~1 the,e pre~rnt. arr ctr:uird atul deincrr:f An} ~1t~ii~rnc} in the amuut~t ~}f ;u:h aKgrrgate m~mthl} pa~ ;;-~vn thr follo~uiK ~~nJ~u.~n~, t.~ wu: rntnt +halt, un~cs~ n~ade g~x~1 by the titurtgsgor prior to the dur ! h_• ~I~:r,gagur agrcr. to ~a~ thr ~tur;gagrr. ~~r urdcr, thc ~ri;i:z~~ei ~dtc the ric.~t such pa}mer~t, iun~t~tute an e~cnt of dtfault FC~k`i'Y PUt1R i HUC'SItIdU f' I I";'Y tl~v'U und:r thie mortgage. The \tortgagee mar coltect a"late charge" , UJ;~ i OOt~ts------------------------- not to ekcerd fc~ur cents (4e1 for each dollar (S11 c~i ra.h pa~mrnt ; rnorc thar: fiftern 1151 Jay~ =n arrearti to ~o~cr thc etpcnse ic»ulj- ~ Uullan (S 0~~~.00 1. rd ~n hanJlu~g dei~r~yucnt pa}mencs. ~ .•~,~.}~-n.c~2 h~ J n~atr ~~1 r~rn .~atc hrrr~~th. ~ai:fi in[eretit lr~,rn I 3. ih.~t if ctie t«tal c~f the pa~mencs rrade bp th~ !.turtg.~uur :;r .~t thr rat~ u! ~~~~i-~~f-~ undtr (ai uf pat:~graph 2 prs.tding shafl e~.erd the anx~unt uf ~armrnt, ac~ually madc hy thr \lortgagce, for ground rents, tazr~ ,•_,,;;,~1; ~ i i. 0 U - o prr snnum ::n ;trc u:~; :s~~ en.i assc,~mrntt and :~i.urancc premiums, as thr case rna> tx, ` s'en~r unu! ~s,s;J I h: ,ei,: ~~rir;i~~31 u~terc~t .hali t~r ;~,i~.+hir ~u~h e~cr~.. ~f tht luan n cutrent, al the o~tic>n of thr ~1~>n~eg~~~. ;iir ,~t(i,r uf I I2UI:F'I:N:)F:NLf: '•IC`k`i'Gt~Gf: CUEZF'C~- '~sll, he :reditrcl ur~ tuhseyucne pa}ments ro be ma~'c h~ :he , ~ i ~t~~r.gagor, ur rtf~ndrd to the ~tor~gagor. If, hu~e~er, the iZA`CIUtv C~F ~'~:•11:F{ ILFi, 26 ~ i i,CC~ ko~lti, ij~unthly pa}ment+ maJc hr the titortgagur undcr Ia1 of ~~3ragra, h t e 6 0 0, t~T 1.^. L c~ X' I~3 t' k, 3~ 7 8') ~ prr.cding stial! nu, tx wifi~~ent to pa> ground rents. ta~cs and a.+r~~ment~ and inwran~e premiumt, as the .a~e ma} be, Nher~ ~ ~u,h ,>thcr ~:i.i;r ;hc !,~~1Jrr thc ::,,:t nia> .fc,;A:i~~r ~r !he ,ame tihall txcomc Jue and payabir. thrn the \t.~r!gagor shall .+:;:;n~. :n :r~:~,thl~ :n~tail;nrn:. ~~t F~_?UR filiNL'f?1:I~ t'-+~ tc, thr ~iurtgagce an~ am~~nt ne~es~ar} to makc up the ~ei!- , ;~rn~~. vn or bel~xr the date Nhen paymrn: uf w~h ground renss. ,I I~~i,. E.r.C. ANU 50;~ . OQt}iS------------ ta~es, as,e:~mrntc, or inwrance ~ftR1lUTtlt shall tx cfue. If at an} - - - - - - - - - - - - - - i1~i14~r~ ~ S ~l ~ . 7 0 tirnc t lir ~lortgag~~r shaii tender to the ~tortgaget. in d:~ardan~e .,n,:i::n~:nF „r; ~he hrlt ,.e< <~f :c~~;tc.,^„UCI- . !y 88 , w~th !hr ~rv<<+wns of the n~>te ~ecured hercby, full pa}ment ut ;~n :t~r '~r,t ,s.:: ut re.l~ ;t;~~nth ;hrrraftcr unt~l ~~ic {~r,n;i~,i tntire indrhttdnesc rcpte.entrd theret~y, thr ~lurtgagee shail. :r:~ ;r„rrc,t ,~rr tu11~ pa,.i, r~ceT~~ ciiat the ti;iai Pa}n;ene ,~t P-in ~n :~>m~ut~ng ,hr amuunt oi ~u~h indehtedness. rredit to the ac- ~t;elf hc ~uc .i;~J , ~ ~t~~lnt uf tht ~1or~gaKar an} halanir rcmaining m the tund5 ac. ;:ei a~~:1 •,ru~rr~!. ~t :i,~c .~x~;~:r* r:e:~l. ;.e;~~~}r ~~r; ~umuietes! under the pro~isi~~m o; fa1 of s~~d ~aragr~~ph 2. lf "r~c 'ir.t .ls~ f+U!~;:5 L~ 10 i 8 thrrr ~ha;l tx a dcfautt un.lcr an} uf tlze rr.~~~tiiuns uf this m~~rt- \n,f .:ulti. pri~;nj~;lti, an~ tuil~ perte~r;~i. u:..tr:~~Fr. c~r.:~::, tage rruitir.g in a publi. ~alt ~~f the `rzm«tt :.~~errd hrrzh~. ur .,~>>;,~Irte. ;:nd .~~;i,~~i~ Aith en.1 ~h~.fe F,~ rs.h a~:J e~rr~ iS tlic ~1~~rt~3gee acywre~ the ~ r~~~rrn othtrN~~c atter Jt'aUlt. thr ~i~~-,:i,l!;~~R~, .~.:fCCiT1C(lf~, ~~~~iiill'.1~:[l~, .~li, ~i+1CI~1!ih ~~F •,dl~ til~fTK:1kCt tif11~~ dr~ i~, dl Itit f3t1iC U( !tiC .Ui11iI)C7i:YTilCfll t1( :U:tl , . ,~rt ~;~~tc .~rd .,t :hi~ n~:~rt..s~c. '.h~~n tF,:~ rn~,r~:.i~r ,u::1 't~t {~r~~.ccJtn~t~, ~~r at thr ~amr t;~ne tt;c rtn~crt~ i: ~~theras~e ;,,r: t:c^c}-~; .rc.etrJ ~}i,ilf .c•a,r ,~n.: he n;~;l ariJ ti..~:~1 y:iirrJ. the halan.e tt;en r;n~a~rtZg ~n 'hc t;~~..jti a:~un~i~latr~l ~.,n:.~rr Ia1 ~+f ~,aregra{,h ? ptr~c:iing e, a ,rrdit :i~:tintit ttie .~rr„un; 1nd the tf~~tt&~Kur lurlh~r cu~enynf~ y? tuUov+~: :,E ~.r~r.:i`ai ?t~en ;trr;ain!nK i:nr,~~~ c~ndt? ,~~c~ n~~tr 1':e' hr uil! s~a~ the inclrhfrJ,tc.~ tir!r~nh~t:,te ~•t~~t!,i~~ f'!"'.I~C4C f~•Cf:CI} i:~ ~;.1~ ,'}iC ~~t'?. !fi 1~i1s`~C Ut :fl (`d`1. ~?ii d:l\ T+ld1 f1C µt~~ ~~d\ .f{~ (u\2~. J~K~~(Ill'I~~ie. H.S:Cf '.1~1'~. S:1CS ~'!f1C! .,.•;a;;r::cn! ~l:~r J.+tr r't"~rnmrntai <~r niu;~t:~~~,ii il:dfl~C, l:tlC1. ~,r imM~ti~!~~~tr+, t~~r ~t~;~h ; rc~~~5~un ha+ ncr, frtYR n~.~d~ hCfr~nh_*;~ut, dnit ~n ~cfauit Ih~:i, :n ,r„1cr n~~~tc ~;:ih ;:,•;r,t .:>,c ~c.:iri'.~ ~,t Et:<. .,.,~ri thcrc;•f thc 11~~rt~;agce n;e~ r,i~ the ~an~r: :+nd thai he :+ill :aiC. ':t~r ~~:et,F,~~~fi. Su~.Cif~Cf H:(F. 1f~il~ I'1 .i~iJilfc~fl t!lt ~!~~I11~`S~~ JC~1'.C[ ShC ~'~1;~ia~ f2~C1(1(S 1~1C(f!~+f ii~ :hP 1~~~fStd~CC ~::1!!', ~~.riIT1Cf115 ll!Itjtf (hS (C~R~+ +~1 !hC ti~~i~ te<<irrJ };C!;f~~, ~~Il •hr `.r.t ~1a~ ~~i cs.li munth un;~i ttir ~s;d n~~tc tu?i~ +~.t:~, •..,ii ,.e.. •hc 11~~r:ker•cc thr t:~i!~1ait~~r ,~~!n. :..~,K ~V~ (n~~C. ~ ~ 1 ,,f s ~ ?,uo s2~ ~o~ ti e _ 4 _'~.~^s J -r sr ` L ~.,SSG.~~~ 3 K rcstyl=~~...i~ .r..+34~.=U..~ ..'z.r°5..~_ ..iS':..i<~