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HomeMy WebLinkAbout0937 i 5. 1 h.~t hr «~11 {,rrmit, ..,rn~nit. ~~r ,uttrr n~~ ti,s+tr. impaumrnt, uitt~.~ut rrfrr~nir lu thr adeyi~ac~ ur ina~ryuai~ uf thr ~aluc ut ,.lr;r.i.~rati~~~i ~,t ,~id ~r~r~,rrt} ~,r an~ {,ert th~rrut: and m thr ~he ~rupcrty murigagcd ur tu the +ol~cn~y ot imultirn~} ot ,ai~1 _~cnt ~~t thr tailurc ut thr ~1~~ct~atur tv krr~~ thr t~u~W~ng, un ~turtgeg~~r ur ihr dctendants, rnd that iuch rrnt5, prufih, ~n ,.u~ ~rrnu,r, ,+nJ thu.r !u he rrr.tc~i ~~n wiJ ~rrmities, ~~r im- .ume, is~urs, anJ rt~rnues sha11 be ap~6c~1 by wch rcie~~tr sr~ur ;~,~,~rmrnt, thrrcun. in ~:u~x1 rrpair. ehr ~tortgagce ma> mai.r ~isig to (he hen +~f this murtgage and the pracu~e of w~h :ourt. ,,.h rr{~.ur, a, in ~t. d~.,rcuun it me~ ~irrm nt~r+~ar~ for thr in thr e~ent uf an} dcfauit un the pan of thc ~l.utgagur ,~.~{~ci ~,rt.er~~u.+n thrrr~,l. .,nd thr iuil emuwu ul rach :?n.i hcrrun~ler. thr ~1~~rtg~gor agrers t~~ ~,ay ti, thc ~tortgagtr un Jr- :•rr~ ,u:h ~a~mr~u ~hali hr irnmr.!iatrl} ~fur an.1 pay~hir, .~;~ti mand as a rtasunabie munthly rtn~al f~~r the prenn~rs an ~muurt •';.sii hr .r~urr.i h~ thr lirn ~~t ;hi. ~t~~rtgagr at Ira.t zyui~alent to one-tweifth 12) ~~f the aggrrga(t uf tht t~rl~e munthl} installm~~tti {~arabir iii thr then ~urrcitt ~rar piu, 6. 1 h.4t hr ~~ill ;~e~ ell sn:f vn~ufer thr •_~~,t+, ~haiKr., ~nd r~ thr artual amount uf thc annual ta~r,, ;s~tie,+ment~, :~atcr ra~r;, ;;•n.r., in,luil~ng rra,~~nahir L~H>rr', fre+, and :ust5 ut ah+tra.t, and in,ur:~nce premiume for iurh }ear not co~rrrd by rhe ~t utlr, in:urrr~f .~r pa~~! at an> t~nit b~ the ~1c~rtg~gre heiau~r ~,f af.~re.aid muathl~ pa>rnti~t~. ' ~ t.ul~;rr ~~n thr ~art .~t the \turt~;ag~~r ~r~,nip~l~ and lul!} to ; ,.;r!.,rrn :tir ,t;rrrrncnt~ az:.i ~i~~rnant, ~~l .a~:1 prumi.wr} n~,tr IU. ihat lal ~ri the e~rr.t .~f an~ hrca,h of thiti murtgegr ur ,r:.t ~hi. n~.~rt?atr. .usd .e~cl :~~.!ti. ~h~r~Cr,, en~1 c~~rn,r, ,ha!I hr ~1.iai~lt on che part uf thr ~1urt~agur. ur Ih? in lhr r~rnt ihat an~ ::;~ii.~!rl< <f,;c .l.i,i ~~.~~.~hlr an~1 .':.,i! hr .r~urr~1 h> tl~c lien ~~f u( .aid ~urzi~ uf mune~ herr~n rclrrrrd tu ?re not pr~~mptiy aiid ~ m~~r~ri,i,r f~iEl~ pa~:1 ~~tti~~ut ~rniand ur r~ut~tic, ~~r Ic? m thr c~cnt that ra~h .in~f c~rrs z~f the titipu:a:wn~, sgrcrmrntti. :undiuon5, and 7. I~:a~ t~r u;l! ?.rcr !hr imrr„~rri:rnt, r:,,u r~i~tinE ;,r ~:c~r.s';r~ ~u~rriazt~ uf said na>tr an ~ th~s mimgagc. are no; duly, ~rum~th. :,r.rd ~~n !`~r m~~!!~.~gr~f ~ru{~rrt~ is~.urrJ :n~~ hc rry!i:rr,! a;~.~ fiill} ~~rrf.~rmrcl: then ~~i cithtr ~~r an~ w.h r~rnt. the Said a~t ~.~ni ;~mc tt~ [~mc h~ !hr ~t~~r..errr aha~n,t i:~.. h~ t~rc .inJ ~~;i;rr ~rrg~tt wrn rnrn:u,ncd tn tiaid notr th~n rrmain:ng un,a~d, Kith ,~:.:r:i,, ,s.;i~i;~r,, ,it:~ ,nn~:ii~;rn,ir~ :n ,a,ti .ini.~:,nt~ atid t~~r in;crr,± .~~crued to tf;at t:ntie, ard all ttiunc~s Se~urtd hercb}, ,hal; .t~ ~tr~uel~ a, ;r~s> h~ rrywrr~i h~ ~tu~t~.i~rr. an~f w~li ~~a~ ~~.~~,ne ;iue ana ps>ahie f~,rthw:th. o? thercafter. at tht c~ptu~n uf ~ , ~m~~tE~, ..':rn ~i;r. ar~ ~re~*.;:umc :~n tiu:h in,urau.t f~~r P.~~- :e~~ ~t~,r!~.~grr, s~ fuih a~id complecely as i~ ali ~hr ,au! wrnti rnt ut uh~.h p;:~~i,i~~i; ha. nut hccn rn~:1n c~rrinhr(arr A1! in u! rt~;~tic~ urrr ~~ri~inaif~ ~t3pulated ~o be paid on su~h Ja~. ~ ~.~;en~r ,h~ti hr ~arnr~l ~n :umparueti eppru~rd hy \1v~t.agcr .~r;~1 :~n~,~tun~ ~n ~au1 r~utt ~~r in this nt~±rtgagr ti. tht ronttan nut~ ; Sx~ii.i~~ .~n~ rrr.c•~+al, !hrrevf ~hall t~ !ir~~ b~ ~i.;:tK~~trr an~7 Nl;h;tari.fin~; ~n~ thrreu~~n ot lhrrealter, a[ Ihe upt~on o! ~a~~ j '+.r atta.hrJ thcrct~~ 1~~+, ra~ahlc ~leu,c, sn la~.~r ~+t an.1 ~n f~~;~~~ ~1.~rtga~r~•, uith~~ut nu(~i~ ut dcma~id. suit at laN ut in cywh, k :.__rptahlc t.~ ~he ~inrt fa~rr. In r~cnt uf i~~,. hr •aill ~tnc ~m r~ta~ hr ~r~~.ciuc:cl :ic ~f ali m~mey~ .eiurcd herrM had rnatured ; :~iiatr ;:~l;icr M;n.~~l tu ".t~>rtge~cr. an.f \tur!Nagtc ma~ rn.~1.c , r~,,r t~> >t, in,!:t,;:;~m. Thc ~1or,gagee ma~ turccluse thi, mi~rt ~ ..~w! ~~f iu., ~f n~,t rna~c prurt~~tl~ h~ ~t~~ri~eag„r. and :a~!~ ~ri :.~~r. a~ tlir a~nuu~rt declarrd duc and papable. sr.d the ,aid ~ :;an,r :~~rnpan} .uri~rrr,rd n hrreh~ a~ihur~ie~! arid d~:c.teJ ~rrr~iiyr, ,hall tk .u1~1 :u 4atttif~ and pa} the +ame tugecher w~~h ~;.ikr pa~n~rn: t~>; .u~h lu;, :iirectl. ;c~ ;nr ~lurtg;,~ecr in,tr~.f ui .~~.t.. r~~cn~e~, snci al;u.+anie+. In rau of ~artial fi~rcci~,surr o( ~ <<hr ~i:~r:gagur ~nd thr ~i~~rtgagee ~u:utl}. an~i tht insut:in.c thf. inurt~;age. thc nu~rt~tag;d prem~~ts shali tx ~old •uh~ect the s ;~-~~rcd~, :~r an~ ~,art ~hcreut, nra~ he arr:it~S h} thr ~tortgagec ,~~;~tir.wng lirn uf (his mortgage for the amounl c~f the debt nut j ~t. :~pu:~~i, cithrr ;c~ t}ie rrdi:~tinr. uf t~~c i~i~chtecine,+ hcreh> ttirn ,1t:e and unpaid. In wch ~au thr ~ro~n~unti of th~s ~ c.~irr~ ~r thr rc.turatu,~i ur rr~ai~ uf ~hc ~c:iGxrtq Jari~agrd ~.~ra~:a~h m3~ aK.~~n hc a:,iilc~l ~~f ihcrralttt (r~~m urnc l~~ r,mr ~ ~r: r~rnt ~~f fc~r~~l~~.ure ut :f~i. rnu;t~t.~kc end ;~tt~cr sran+ftr uf titic hti !hc ~lurtgagcc. ~ ~ thr mortgagrd pru~x:t} in .t!iri.ui.hmrnt ~~f thr in~ichtrdnc.~ ` r:urrd htrrhr, all r~ghi, ut!c, en;i ;rtrre~: ~~f thr 11u~t~sgut ~n 11. ih~t he ~ili g~tic i~~mr:~iate rn~u~e h~ mail the it;~rtgagcc ~ +r:~ tci an} ~n~ur.ii~,e {~.~~~.~r, thrr~ ~s; ?.~r.c ~hall ~~a., tu thc ~,ur. ,,f an~ :~~n~eyan;e, ts~ntiter, ~,r iha«ge of uwnertihip u! thr ` _ha•rr ur gre~:ier prcnu•e, 3 ~ S. (hat i! ~hr prcrn:~e~. .x arr~ ~a~t :t:,reut, h;• ~~,n.i;mt:cd 1.. (i:a1 ~a •.?.~ne: of an} ~~~tKt;diii herr~n ~r o( thr c~t~ligau~~r. ~ :r:der sn~ ~~:~Nrr emi,~r:u duma~n. ~~r ,~.~y,urc.1 ;~~r a~uh1~~ utir. .e.urrd hrreh} ~hall at en~ t~nzr the*raft~r t~e hc{d ta hr a u3nrr ::i~rn.~~;c~. rrt~:cr;i~, aris ~n ~,~:;,:.:ran~~n l.,; ~u.h a~yui,~tiun, ~~f thc trrmti hc~r~,; or ,~t tt:r t;~,tc ,c~urccl h~rrh~. ~;ne et:rnt ;,f ;he luil err~,ui~! indehte,lr:tst ura,n thi~ ~i~~rt~ . _ .egr. .~nd !hr \,~te :c:ureJ hrrrh} rrrrau:ing ~;n~ ai:1, arc hrrrh~ 13. ~het ~f the ~tursgsge~r :icfauit ~n an~ izf ihr iu:rner:~s ~~r s - .t„ignr~i h~ thr \1~>,tgagur ~F~e \t,~rt~zagre an~ ~ha!i he ~~nid ~rrrernrnt. ~onta~r~ed herein. ur ~n ~a+d nutc. then the ~1.~rcgaKcc '~~r!;~~ith tu the \irrt~akrr hr .~;~~~l~rJ h~ i! ~~n ~~t~~ur~t thr rne~ Peri.~nt: the ~ame. ar2~f e!I f\(1tRt~lfUttS hnc~u~ling ren+unahle ::.frhtr~nc~. ,r.~i~eil h~rrhti. .~`:rth:r .iue ~,r nu! .,,t~,cne}'+ lee~~ madt h~ th~~ ~tur(ga~ttt in ~s~ dc>>ng •ts~ll ~raw ;n trre+t at the ratr ~et Ic+rth in the n~~te ~ecurrd hcrch~, and ~hal1 he 9. Ihat thc ~inr;~;.~grr ~~~a~. e! .u~~. !::nr {~r~:~i,n~ ~uil ~:;~•ri re{,,~~.ahlc ~mmrdiateh an~1 ~~th~~ut dcmar.~f h~ tne ~1:~rlgagur ~n~.,r;uagc. ,;~~I> t~, :hr ..~:;rt ha~ir~g ~:~r:,J;.?~~~;: ~hirc~~! t~~r ttir ~1~~rt~caK:c. and, t~.,grther M~th inlrrr,i and c.,~t, a:~ruir.g ~t~e e~~x,~rztn~er.t <rf 3 rr~ci•.cr. .~i~,d ,.;ih :=~.irt .hsll tur!hKuh a~ thrrc.~ri. tih:~lf he ~e.urcd ht th~~ tnurtgage. ;~:~:nt a rerri~er uf the prrmi~r~ :e»ere~ hrreh~ al~ and +~ngutar. ir,.l~;~i~np all and s~ngufar t'ie ~n~+rme. prufi~+, i,,::f1. 3IlJ re~rnurti I.1. (hat che iriai~~ng «f a~ntten nc~tice ur den:and addretsr.i t:~.~m xhatc~ct ti:+urcr ~rri~rJ, ea:h and e~er} uf wh~ch, it hc+ng !he ~+•~+ntr of reiord of the marigaged p:enuSCS, ur ~ireited io Fhe - c~~rr.~l~ un~ietct.H~, i~ hrreby mur;g~ge~ci ac if s~ei;!i.alh ~r~ .eid i~~ner at the la~! a~idress arturilp furn~shrd te~ the Murtgagrr. ;~~rth ~n.f SctiintKd ui ;ttc grantir~; s;:~ hatxndum ~iausc~ f:rrc+~f, r:r ~~re.icc~ to ~aid ~iwner at eaid mortgagcd prcm~se~, and ma~led ;st~.f tiu~t~ se~e~~er ~h.~ll ha~c ali thc hrs,ad an~ eticcu•.e fun~r~~:~~ h. the l:nited Staie~ mail+, ~hall he wfti;ient nchce and demand - ,::~f ~Krwer. ~n diltiN;;e e:~tru~ttd a<<»rt t~~ a rc~e~.cr. enJ ~n ~n~ ~_a;c ar~~in~t unJer th~~ ins;rurnenl and reyu~red h} thr ~ru. ,~i.h .~~'~,'u~tittncn! titr.~ll ht ;T:ade h> ~u~h :r.iirt a~ .in :~~7:~~~!?ei1 ~~~iun~ herce~f ut h) law .}u~!~ e~~.; e!;:attrr nf .~l~wit~te rt~th~ •si~1 ~1url~ager, ar~~i 597 ~~cE ~36 Pvye :S c,' 4 HU0 92110M 1 _ . s ' _ _ f S ' ~°~~r' ~ - . ~ ~ . _,~3'.~ ~ ~=~s-~.~~"~-~~~.~-~,r~' ~Y:~~- F~'e=v=~~:~i.'~°~"~._~=~:L-''~