|
_ � � ''�.
<br /> . -.y.
<br /> F'y � �
<br /> x
<br />� �,
<br /> � '1'HG hi0R1'GACOR I?i7R7'1�31iIt COVI3NAN'1'S AND AGRP:6S : �
<br /> i
<br /> 'Chat th�� Morigr�gur �rill pny iho inJehiednes�; as h��rrinhcdon• prnvidrd.
<br /> Thul ihe Morlgogur is the own��r uf said pruperly in fi•c simple und has �;o�Kl ri�;hl and Inw(ul authorit �� lu srll and � .
<br /> �� � f� com�ey U�e same and ih:il thr same is free and clenr of unY li��n nr rncumbrnnre: and that n7orlFr�gur will ��•nrranl ;utd dr(rnd die . , .
<br /> tiHe tu wiid premisrK agninst ihe <•Inims nf :+I� p�•rsnns whnmFoevor.
<br /> � 'Po pay immedifitcly when duc+ t�nd pnyiible ull general tazes, sp�•rinl taxes, sperial ays��c,menis, u:iti•r chargrs, srw�c�r s�vv- . .
<br /> icr chflrgis, nnd othcr tuxes nnd chargns ngainst sui<i prnperty. and all laxes I�v�rd on thn debt sei urcd herrby, and tu (urn�sh the . � .
<br /> . . Mnrtgagee. upon rcryuest. with tlie originnl or duplica:i• rcceipis th�vefor. 'I'he Atortgagor agrece th��t there shall bc- nddad tn
<br /> ��ach monthly Pnymi�nt frqulred hemundur or imder the evidencc• u[ dr6t securr,d hrrr��l�v au umo�mt r��limafed by Ihc h1ortFflFee .
<br /> to b� sufficii•nt Lo enuMu � he �1ort�ag�e tu pny. as lhey brcomc Jue all L'�xes. :�ssessmrnLs, mid similar charge� npnn the prrui�
<br /> � ises subject thrreto; any d��ticirncy because of t6�, i�uu0icirnry n( �uch udditional P�>'�nrnfs shall be fnrihieith d�•pusi�ed by thr . �
<br /> �. Atortl'�F�r «'ith lhe Alortgagce upon demand by t6o '�turl �a�;ee. Any dtdaufl imd� r this pxra�;raph tihnll hr d�•emrd n d��faull in
<br /> paymrnt nf taxes, ass�ssmc�ils. ur similar char�;rs n•quired hrr�+�ii�d��r. .
<br /> . .Ph�� '�inrigatio� a�;rr�•s lh�ft lherc >h:�ll ❑Iso b�• t�ddrd tn ��nch mnnddy P;rymeN o( prinripal and intrn•.l rcyuin•d �iurr'
<br /> undcr an amuunt rslimntcd Lv thi� Dlnrtga��-�• tu br suflicient (u onaLl�� Lhr ktorf�;a�,!re tn pa}�. :�c il 6rrnmo� �lur. Ihr in•uranrr
<br /> �irentiunt on nnY insuranc�• pulicy d�•livered lu ihe 11url ,;agi�r. Au}' dofieiencc bt�raus�� u( fh�• insullicirncp � �f �uch aiddilional p:i)'_ .
<br /> � menl� shall be (orihwilh Jepnsfird by Ihr >1nrt�atinr «�ith lhc Vurt �a�cr upun drnttuid 6�� tL�� :Afurt �aR�•�•. :1ny d��Lmlt undrr this
<br /> paru�raph sh:tll b�• doi•med u dr[emll in th�� pu>'m��nt ��f in�urancr Prrmiwus. I [ the ��� �li�•�� ur pulicirn drpn,ii��d arr ,uch a� homr-
<br /> uwnrrs or rfll risk pulici��.. :ind Ihi� drpu.its am in<uflirirnt tu pay Uu� i�ntiro pn•inium. ih�� Alun �a;;��r tnnc ❑ppl�� � b�� �I��posit tn
<br /> p:ry pn•mium: un n.ks rrquirrd lu Lr insm'rd by ( Lis morl �'npe.
<br /> Yia�'men(s mfidr In' th�� :AInrlt;a�;ur unJiv th�• :�buvr parn�rnphs map . ut Iho uptinn al thr 9lnrtg,��;r��. h�� hrld Ly i� �ind .
<br /> cumminglyd �+�ith olhcr .cw�h (iu�ds or il< nH'n fmids fnr � hr pnV'ment nf surh itrm;, :{nd until <n applirvL �ui'h pnvnu•nis nm hrrrby .
<br /> pl��d{;��d :as srcurih� fur Ihr imprud 6alnnrr ul' Ih�� mort�.u.'t� iudrhirdnr��. �
<br /> 7'u pn>curr, d��lin�r to, and m��inL'iin (ur � 6�� Lom�fit u( th�• A1orl �a�cr durinR t6r li(o nf this mur� {;n�;o nri„inal pulici��s .u:d
<br /> rrnrwals thenvd. d�•Iiccrrd nt Irust Ivn da>�s btdurr ihi• t�xpir.�liuu u( .iny �uch polieirs. iusurin„ a�;ainst firr :�nd uth��r innuraidv .
<br /> hazunls. cnsual[ic+. :wd i•un! ingencie.c :�s thr ilin�t „atiee m:+v requim, in nn :inwunf rqunl tu thr indohlydness srcurrd 6y � I�is
<br /> \lurtt�a{;e. .md in eu�npanie: acceptuble tu Ihe :ilnrt�a;;er.- icifh lu.s pap+�bl�• rl�ni��� in I:�vnr uf nnd in furm ac��rpinLlr In Ihr \[nrty;;r
<br /> - qee. In the i�v�^nt an}' pnlicy i: nut rrnrwr�d � �n ur hidorr (��n days uf i �s ex � �ira� iun. Ih�• 11url�a;:i•v may prucurr insuranc�• on ihr .
<br /> improvemcnts. puy thr prrmium thrmfur. .uiJ sw:h sunt shall brcm�r immcdiatcl}� dw• �md paya6lr �rilh intorrs� at fhr ra� �• �rl
<br /> fnrth in �aid nute until paid nnd +hxll 6r socured h�� t6i. murt�:a�e. Pailurr un ihi� parL ui thr Vnri �;ugur to (urni.h �urh rrnrw.ds
<br /> :. ;�s xre herrin r�•quimd ur fuilun• lu pay anc surn, :idcnured hr� n•imdrr .hall. :d thr uption u( tho V ��rl�a„r�'. rnn,tiluti• a drf.n�lt
<br /> under the lerm, n( lhis tnun�a�;r. '1'h<� drli��rr: n( .urh pulici���ti .h;dl . in ihr ecr•nt n( dr(aulL i��,ntiu� u �r� nn tio�itinm��n� �d th�� un- .
<br /> a: rantuJ prr•miunt �
<br /> :Any >urt�. rcc��iv.•d Lc Ih�• AIurIC.:�i=�'�' h}� ro:isun uf luss nr d:ima�;�• iu.un�d upain�t. m.iy bc mhiim•d I�}� Ilie Ainrt:.•;i„���^ .
<br /> . :md :ipplic•d tuw�.�rd thi• pay'm��nt ��f th�• Jrbt hrmby s��currd . ur. :+t iLe ��plinn nf th�� ,11uriRa�re. cueh sums ri � hrr ���hnll�� ��r in
<br /> �� - ���flrl mup i�^ pnid o��or 1� � ihr Al� �rt�;a�:ur to 6c u-ed tu n�p:iir su��h huildim�s ur to huild now Luildin;;s in thoir pinci° ur L��r nnr .
<br /> nih��r purP�>��' �,r nbjei•t salisf:�ctnn• tn the Vnr� �;a�;e�� �vithnu� afiectint; th�• lirn un lhv mnrtu:i�;r fnr thr fidl amnunt yr�•un•d hrre-
<br /> b>' b�dun• such PaymrN rvrr �uok plac�•.
<br /> C
<br /> �` . 'fu ��rumplly mpair. ri�slurr or mLuild :�nc 6uildinus nr impruvrmenis nuw or h�•re;dlor nn fhc pr��rni.c, �: lur6 ma}' h�,.
<br /> s. � vum�• dum;�F;rd nr dr.tru����d : t� r karp s:�id prrnii�rs in _nod cuudiliun aud rrp.iir :md frc-�� frum uny m��i�h;ini���s lirn ur utl�rr li�•n � ��r
<br /> � rlaim o[ licn nul �•xpm,<I}' .u6nrdin.�trd tn Uu� lirn tn>n•��f: n�,� t� i .ufier ��r p� � rmit ;un' unl.nehd usr of nr anp uui,.incr la ��ci;t � in �
<br /> � � s.�id pr�rpc•rly nor to p��nuit �v��ir .u ' �n���m�=�•s. uur � n di � :uic ��th�•r :�rt •.chrrrbc liu• Pr� �p�� rn' h��ri�bp rimr��y�r�l :h.dl L,.r��m�� .
<br /> � .n id
<br /> �'�. le.:s v:du.�blr. nur �u ditnini.<ii ur nnP:ur ii . v;Jw� li�' �� nc :�rl or � nni „inn �u nri : t �� r� ��npl}� �cith all rrquir�•mm�i< � �( I:nc �vith n•.p��ot
<br /> � fa th�� mnrt �;.��:��d pmmi<�s .uid th�� u.o iL��rruf.
<br /> : .I�h��l .�huuld Ih�� �rt�•ini�-��x ur an}� � uirt ( hrr���( b�• ud:��n or damuCril hy rru.am n( �uic puhlic imprucrm�•nt ��r i�undemn:ni��n �
<br /> �� pruceodinti. or under � 6i� rikht u( rmfnrnt damain, ur in e�ny n� her in:innur. Ihi• :Vurt;:a;;re shall b�� ��u� itleJ tn ;JI cu[uPcu<t�linti=.
<br /> :nvardv. xnd :my ulhi�r p.iy'nu•nl ur r� �li�•f thrrrlor. �nd shtdl br enlillrJ . nt i� < uptiun. tu inmmrncc. :qiprar in :md prnccrutc in iL;
<br /> i: . nwn n:unc an �• nctiun nr pr� �crrr�in�;. ur lu nmkv nnc rnmprwni.r or �i�rtlomrnt in ��nnncction �ciih such inkin;; or danta;;o. .\ II cuch
<br /> j',- � c�nnpentia�ion. awards. d:�mu�:r.a. rit;hl u( :icliun ;uui prnrr��d: �irv hrri�bp �+<:it;nr�d l�� tL�� �lur4;n�vc. whu m:n•. ;+(t��r dcd�iclin,^,
<br /> � Ihere(n�m �dl ila rspenei•n. n-Ira.r nny mnnoy_. m r,�cvivrd I�c i � nr upph� ihc .fune nn .�u�� ind��Llednv.. .r�•urvd h��roby. 'I'hr \h �n -
<br /> � � �u�ur agrrv, tn esrculr ;uch furth��r on<i:=nnu�nts u( unc rnmprn ;ation. a ��;� rd.. d,im:i�;�•s. nnd ricin� nl tir( iun nml � ,rn��ri�d. n. thr
<br /> � \lort�;r;�r m:rv mquirr.
<br /> �. That in cn,u of fuilum tn pcdurrn am� <,( thc r�mrn:u�t, hemin. the Alortgrigec mii�• do un lhc lturlga�ur's tx}�alf c��ery-
<br /> .� Ihing �o cuven.uiled: fhat liie Afurt�:nl�ee maY also du eanY ncl. it may d��cm nesessary to prot<ct the lien lhercof: that tho \1urL
<br /> - gagor w�ill npuy u�wn d�•mnnd uny moncy�s paid ur disburs�d by the �(orttiagoe [ur nny of the alx�er purpn�es. �nd such mune}�,
<br /> ' to�elher wi�h interest thereon ut the rate pro��ided in �nid nole nhall bcrnme so rnuch :�ddition�l indi�btc�lness herubv e�•cured and
<br /> � mav be included in any di�rec (oredosinti thiv murtgage :md be paid ou[ of the rrnls or pnxreds vf salr ut :��id pzi•miei•� i[ nut
<br /> � � nihen��i�e P:�id: nnd lh«t �1ort�:n�;cti� xb�dl nnt innir einy prrsonrel liabilit}� fxcuusr of anythin� it may� dn nr nmit tn du herrundor.
<br /> ln lhr rvem uf lli�� drhiull I�v \l��rt{;:i�;or in � h�• paymr�nt uf i�ny insf .dlm�ml . �f. r�•quirrd b_: iL�� Ka��• eerurod lirri•by. � �r
<br /> � in thr performuner uf thi� ��Lli ;;alion in lLis murf�;u�;i� ur in Ih�� nolr =r<�ured then�L��. ifu• Alnrl �:+i:r�• =Imll b,, rn1i11��J (u d�•clare thr
<br /> . d�-bt securcd hrmb�' dur and payubir �vilhuut nuticc. and thc �lnrf�ziti���• -.Lnll h�• rntiUrd ;u iLs up� i� ,n. .+�fthnu � nntii�r. �•i � h�•r hy itncl (
<br /> � . or bv n nKreiver ta fn� ��ppninlyd i�y the ��ouri th�•n•uf. :md withuut n•ti�ird !� � � Lr nJrqu.ii��� � �i :u�t� w•ruril �' far Ihr ind�eldi•dn��s: .u•-
<br /> cured hend��'. fu ent�•r uPun and take pu.<rsvinn of ihr morlFu�;ed Irrrmi:r,. :md tu rnllrcl nnd rrr�•ivr thr mn �c. �.<ur. ;m�l prnliis
<br /> � thrrcuf. and apply Ihe �;mic. I�ws cu:ls uC npi�raliun :wJ rollci•tiu�i . upnn tlu• indrbt��dnr:, �rcun•d b�' ihi, nn ,rR:u���: <:� id r� �nt <,
<br /> isaues r�nd proC�ls beinR hrreby :rµiRnrd to Ih�• �turiC:��:�'�• :�� furlh�• r s�•ruritc I� �r ihr p:irmi•n� nf :dl indrbtrdiu�.� ��.rumd h� •r�Lv
<br /> � 'I'he A4urlgugi�i• shall hnce thi• po�ti'��r ln appoint nny agunl ur a;:enls it map drsirr (nr thr purpu.o ul nq,;urin�; suid pr��tm
<br /> � iu�u; rr•ntin�; ihe ,:mic; cull�•ctin�; lhr rcntv. mvcnurs ;uid incom�•. +ind it nmc puy uul. trf s:�id incn�m� iill r,sp�•nxr•< incurn+ l im m�t-
<br /> ing und m�maging the same and n! cullecfin�; thr mntaL= ihrr��( rnm. 'Ch�• 6;ilnnc�� n•mninint;. if �un�. .hall b�� ;ippl�od tm��:vd thr ; . � . .
<br /> . di�chnrge nf the murtt�n�;�• indrMedm•sti. 'I'hi� nssi�;mnunt is fn t ��rminatr and lu�c��mi• null :�nd c��id upun mb•a=i• � d ihis m�n�len;t��. � . � ��:
<br /> lV e�:
<br /> 7'he t�furfyugee may culle�cl a "I:do c6uri;e" nnl �u ircceed Piw• C'�•nls IFn') (��r racli duliur I .�I .IXII i4 ��;u�h t � �i+il nu �nlhlv � :�', �
<br /> L p:iymcni mnn� than IS dnps in :irrr:trs tu rm�rr thr rstrn �•xp��n�r inr �lard in h;mdlin�: ri��linqurnt ncr��unts. � .
<br /> '� ,
<br /> � All pa}7nents made und�•r � ho pruvisian• ��f this murl�;nt; t• ur tLr nnh• hi�reby �ccun d . �rhirli m.i} hc r� �iislru��d :i. int��ro.t . �
<br /> =.hidl nnt . in the n�Kre�ntr ocrr th�• b•rm iher<��(, E�ticri�d 16o r.itv thnl m;�>� n�n� hr lan�fullv �•ontr:�rtrd (nr m �vriiinc. �
<br /> �
<br /> CY
<br /> iy.
<br />:�
<br />��` � L� �
<br /> Lq'
<br /> *
<br /> 'f
<br /> �
<br /> i
<br />
|