|
ryN � i ��
<br /> � ��
<br />^n: � L
<br /> Zti �
<br />\� .. . . � � �uf10V.�?�
<br />?�� � �
<br /> k
<br />�� 76- f) O � U18
<br /> ' Tlir n10R'1'GAGOIt [�UR'1'CiIsR COVi:NAN'1'5 AND AGREES:
<br /> � - '1'lial lh�� nlurlgau��r ���ill pny Iho indebl��dnrss ua hrrrinbvl'urr prne�idrd. � � . .
<br /> : � 'Chnl Lhe . Morlgugur ix lh�� o���ni�r nC aiii<I pruperly in fee �imple +wd lun I:��rxl ritiht �wd lu�c(ul :mtburify to crl! and . . .
<br /> com�ey lho .�une nnd lhnl the amue ia fine iind cl��nr u[ +my lirn or enrumhnuice: :md Ihat 1lnrtgu�ur will �vnrrunl. and drfend thn
<br /> i
<br /> fitl�• h� �nid prernisex ���;ainsl lhe clnims of nll pers�>ns whnn�sorroc : � . . � .
<br /> �
<br /> . Tu p:iy inunediidely whru dur :md puyt�bli• ali F��nrr,�l � nsrs, sPecit4 Inxos, special ns.esnntenls. w.Uer ch:�ri;es. sew��r uerv. . - � ,
<br /> ice chnrgi�, nn<I olher tiizes and i•hurges i�gainsl s+�id pruperty. i� ud nll ���xus Iovied on lhe drbl sn•ured hvreby, und lu furninh ihe � � . � �
<br /> Murtgngee. upun � nr�uexl. wilh the origin:d or duplicnte receipls ih��refur. 7'I�c rturl�'ngor agre�•a tlud fh��nr .hnll be ndded . tu ���. . � .
<br /> � i•ucl� monthly piiymi•nl rcyuirod liervundec ur wid��r Ihe evidanc�� ut �I�:bt ci�curod hereby nn �m�unnl oatim�tled by tlic hiurlgn�:���• �. � � � .
<br /> . tu be su(licicnl lo ennblr Ihi� D1orq:n�;eo to pay. ns thcy becnmi• dur. ull lus��v u �.essmrnts. and yimilar ehurge. upun Ihe pmm� ' . � � .
<br /> t ���� . isoc subjiK�t lhoro(u: uny dclirirncy hi�cuusr of tl�e imullicii�ncy o[ such nddilional p:p�ments 4hnll br f�u�linvilh Jepv.ril�•d hy tha ; . . � .
<br /> ' Aiurl�;�i�ur ���ilh lhr Mnrl�:iignr upmi di�mnnd by tlu� �tarlt;:U;ee. :\ny dofaull undi�r Ihis pnr:�grnph .h;ill br dcom��d n drl':udt in �. .
<br /> � • payment n( l��se+. iissrvsmonla. nr similar rhnrgrs rryuirrd hi•reundi�r. � . . . � . .
<br /> �19ir \lurl{P�1;ur :i�; re�•.; Ileil lhrm ..hall nlso br ��dd��d lu racL monlhl>• p:iym�•nl nf PrinciPai :ind in�emst n�quimd hero. . . � . .
<br /> . . ; midrr im :unuunL evlinw�rd hy fhi� \1nrt�C+p;eo lu bp sulfiri��ul �u tv�uhlr Ihr iUori �:y:i�c �o p:n•. :i, il. hrr��m�•v dw�. Ihr inxuranre . . � .
<br /> premimn un ;my inyurmin• pulira d��li��rrrd lu lhr 1lurlgir;ro. Any �I��liri��nr�� bi�rm.�• ��f Ihe iusullirirncy ��f surh :iddiliunul p:iy- � . � : . .
<br /> �' - � manls shall bo f<�rll�wilh d�•pn..ilyd 6y Ihr ltortl::�����' ��'ifL Nir \turli::i�;ce upon drm:md Ly thr 11i�rh;u�;�•r. Any drfnult imdrr Ihiv � � � . .
<br /> u�.. . u�r.i �in �h shall be de��mod n Jefaul� in Iho r �� monl uf insur:mc�• �rrmwms. If thr ilic>� nr iulicii�s Jo w>i ���d ;�n• such a, hnme- �
<br /> . I 6 ' 1 1 � . ' I P� I I . ..
<br /> ownon of all risk pulicir.. nnd the drpusil< urr insulliricnt In pay t6o rn ( ir�� pn•�nium. Ihr �SnrU::ir.��c m:n� :ipply tho d��pn.il to . . .
<br /> f;� . ��:iy pnaniums on riel:s rrquirvd lu br imnn•d hy Ihiti morl�:upo. .
<br /> ,� . � . ' 1'nvmrnls mudr bv fh�• \�lurtgngur uudrr ih�• :iho���• p:u•:��; raphs m:i�� . ;� i thr uptiun o( th�� A1� �rl �;a�:ro. I�o h�•Id b}• it aml � : � � . . �
<br /> eunvningl��d wiU� o�hrr such lunds ar it. u��•n fuads lar Ihr p�i��m�•nt n( .uri� ilrms, nml un�il �n appli�vl, .uch pny�mrnls ar�� lirrrby . . �
<br /> pl�vl„rd ns s<•�•urily fur lhr unp;iid bal;�nrc nf thc murl;:n::�• imL�hlodni•.�. . � � .
<br /> ' �ti � �
<br /> 9
<br /> - 'C�� �iror,urr, drliver In. und umintuin fur lho briirlil uf tl�r \lurl�:nl:rr Jurin�; Uir li(r uf lhis �nnrt�;u{:r uri�;inal puGcirx �wd � . � .
<br /> F� � r�•nr�vals ihenv�L drliv��nrd ;il lrnsl Ivn d�iy, bi�foro lhr rxPir.�l.iun u( :nq� �:urh policirs, iusariu� �igninsl. firr and o16�•r insur.d,l�� � �
<br /> � haz��rds, c:iswdtics. and ennlint;nncies as th�� �lurir;a;;re m;ry rr�piin•. in nn ;uuu�ou ryu:J lo Ihe indrblc�dness s�•currd 6�• Ihis � .
<br /> �_ �1url+;i�;t�, nnd in rump;mivs iu�ccptnldc lu t6r n1orlFn�ro. �vil.h lo.s p:rynhlo clnuso in f:rvnr uf �md in lorni n��irpinLlc tu Ilir \1ur17:a- .
<br /> j.�� - � Fre. In Ihe e�r��t :ui�� pulicy i. nol rrurw�•d an nr Irrlorr Ivn dny. nf its ���pir:�lion. lhr ��urt �:ueca mny procmr iimumna• un Ihr .
<br /> impru���aneut., pay tlie prmnium Ih�-refor. ar,d =uch ,wn sh;dl lmcom�� immeJinirly duo nnd paqablr �rill� inlrrrsl ,il Ihr ratr crl
<br /> i� (nrlh in snid nntc uNil paid :md shall Lr srcurcd br lhi. murl�:;�„r. I':�ilum nn Ihi• pnrt uf tho Afnrtgngur In Girni�h >urh rrn���rnL� � � �
<br /> a i
<br /> :,, : as �ire hcr�•in rrquirod ur f�iilurc lo p;q' ;in)' wms :�d�•;uirrJ 6rrcwidor .h:dl. nl Ih�� optiun u( th�� \i� �rt �;:igo�•, r�mvlilu�o n dof:�ult . .
<br /> t�` . undcr Ihc lrrms n( Ihis murq::�Co. 'I'h�� drlivory vf sm•h pulirir, sh:dl, in thr rcrnf n( dr(null . rnn..tilulr :ut iusii:nmrnt a( th�� im - .
<br /> rnrnrd pmmium. � � �
<br /> � Any vumn mccivrd bp Ilir �luTlpagro bc r��:�.un ul lu.. nr dum:y:r insur�•d :iti;�insl m;�y IH• rc�f�iu��d hy th�� \I�uli:�4:r�• � .
<br /> !{ : ' � :�nd a��pli��d tuw�vd lhr pu��tncul uf U��� drbl hrrrL>' srcun•d. ur, at thr optiun of lho �1urt �;agoe, such sums ritlu•r �ehollr nr i❑ .
<br /> j:� � ��nrf map br p:�id nvcr lu lhr \lurl�a�ur lo Le u.rd fu n�pair sucli buildinl:y ur lu 6uiIJ nc�v huildin�;� in Ihrir pl:ic�� ��r fur nn�� -
<br /> z ;
<br /> othrr pu[pusc or objrct .nlisfactnn' ln Ihe \Inrlr:al:�'�' �+'ilhoul n�Tcclin� Ihr lirn un fh�� nmrl �:npc fnr tho full nnrounl a�cnrrd h�•n•� �
<br /> ' ; hy br(urr• .i�ch pnpmcN cvrr luuk PL•irr.
<br /> j�
<br /> '.,` � 'fo prumpUc rrpuir. rrsturr � �r rr6uild :iny Luildini:� nr im��rurrmruls nrnc vr horralivr un Ihr• pmun.r. �� hirh ntnq hr .
<br /> �� cnm�� dnntagrd or di�slruy�rd ; io I:i•��p .nid prv•mixr> in ��nid cundiliuu nnil r���,nir :nid Irr�� Irmm �ny mrchiuiir', li��n nr nlLrr lirn ur
<br /> „ � rL'tim u( licn nnl rxPmssly .uborJivairJ In Nu� Iirn hrrrol: nnl tu .aidTrr � �r prnnil am' utdmcfid u.r n� ur nny uuir,mr�� tn ��� i+� nn
<br /> '� � s:iid prup�•rly nur ln ponuil wnslr un suid prvmi.��<, nur tu du ;inp � �tlirr :ir� ���lu�n�be thr pruprrte lirrrh�� rnnvi�����d .hull luv�umr .
<br /> %+' .;: Ir<s vnlunhli•. nur ln dimini<6 � �r impnir ils ��nlu�• Lp nny ni•t � �r � m� i�.i��n l� i u�•I : t � � rv �nq,ly �rilh nll n•quir���nrnl . � �I hi��� �.1 � h r�••prcl .
<br /> lo � hi� mortl::�Fvd prrmis�•s nud Ihv u.o Ihrrouf. -
<br /> i
<br /> �;. �' �fh�d v6uuld Ihr premis,•.. or nn �� � r,irt ih�•n•ul Lr � nkrn � � i' d�un:�prd b�• rr:u��n uf :�ny pubhc iml �mernp•ni or rnnJomn:�liun �
<br /> -�`. j prncr�•din�;. ur w�dcr iLr ri�hl uf rminrnl dnnuiin. or iu an�� uihrr m:�mu�r. ( hc 11orltinFc�� tih:dl br rnl� U�•d In :dl cninp,��rw:ilionti.
<br /> awards� :utd any uth�•r p.�1'ment ur rrlir( Ihrrefnr. ;md .h;dl br ��ntitl�•d. :�I. ilti nptinn, to enmmona�. �i��prnr in and prn.ir•ule m ils
<br /> F � nwn twnu• �+ny :�rliun ur p�ucr�•din;;, nr lo m:ikr anc eutnprnmis�• nr .olllrme•m in vunnrcGnn ���ilh ,uah iakiiiti nr d;un:r;r. :\ II auch
<br /> � cuntpt•ns:rtiun. :nvnrdc. Jnm���;rx. rit:ht of uclinn and prurrnl. urr 6rr��L}� :i.si�;nrd �n � hr \I � q�ll:�q:or. �cho nu��'. n(Irr di•dui�lint:
<br /> `,� � IhrrrRum �dl ils ��zPrusr�. rrlr��.c miy mnui�ys .0 n•coicrd by il or np�dV Ih�• s:�mr on :mr indr6lydnr.. .rrun•d h��rr6v . 'I�ho \1� �rL
<br /> I:��gur ��gmas lu c>rcufi• curh furlhr[ nvsi�;nm�•niz uf iuiy comP�•��•+�� inn. �nvnrJs. d:un��t:��•. +�n� l rit'ht. i �( :irli� �n :iud prr�r��i�rl. m ih��
<br /> Atr�rt�;�itii•�� mii)• n•yuin�.
<br /> 'i:
<br /> :r � 'I'hnt in c��ve ot fnilurr lo per(onn .my o[ lhc run•nwilv herein� the Alurq:agc�� m.q� dn on iho �(orf�;n�;or's Ix�h�df r��ery-
<br /> }_ �. �hing so coven�mled; tlmt th�• r7orilu�tice may i�Icu do mq• nct it may d�rm n�ri�ysnr�' �u prutrct tlie lien thon•uC Ihnt Il�o 1�lort -
<br /> I, gagor will rcqmy u{wn demtmd nny moneyx pnid nr disbursrd by the DlorltinC�'�' for atny o( th�� n6ovr purp�nev. �md nuch moncys
<br /> c '
<br /> . (O�;C(�IP[ Wl��l intcrest lh�•rc¢m nt tim 1'f1�P �)�U\9(�O(� 111 5:111� IlU(1! 4�171�� ��Y`OP1P ti0 I111IC�1 llt���1� 1O11A� IIII�Pt)�M�IIP54 �IPI'PE�V tlPCtVi'(� �lll(�
<br /> �� ' mny f� includcYl in nny decrer [orecicninti Ihix rnurtgnge nnd he pnid uul o( lh�� mnis or prcx•cedn u( �:idi• of c�id prr�miyes if not
<br /> g ; othanvisc pnid: nnd ihnt plurlgn�;iK� shnll nut incur mrv prn+��nni liubilily� txcnu4o of nnythin�; it may dn ur nmi� In du hrrcimdrr.
<br /> �
<br /> . z ' In tLe rvent uf Uir drf��ul� b>• �lurlgakor in the pacmrnl u( :�ny inslullm��nL ;�.c re�piirrd by thr ti��t�• .�run�� l hrrrhv. � �r
<br /> in Iho prrfnrmuncc u( thc ubli�;nliun in thix morlti:i�r ur in thr nufr ��•rurrd t6oro6y', ihr \1url �at:���' �h�dl 6�• ��nliflyd iu d�•cluro ILr
<br /> debt secured hi�reb>• Jue ;uul p;�yn61r withuul nntirr, nnd � h�� �lurlg�i�:i�i• nlinll i�o �•nliticd nt ii, nplinu . wilh��ul uutlrr. �•ithrr Lv il �rll
<br /> � ur by a ren•iver to bi• �qipointrd bV the cnnrt lher�vd. an<1 withuut reGard tu Ihr :�div� Uury �d nn}� !:��ruritc (nr Ihr iudeblr� lnr.�� w•.
<br /> , cured hr�eby. �o i•nler upnn tutd takr pu..crvviun u( Ilir nu�r� ea�;c�l prr�nisrv. and in cullocl ;md rrcri��r Ih�� r��n�s. i ..u�•. :mJ pri �litv
<br /> ihrrruf. nnd apply tlir s:unr� I��s cusis n( nprr,rtion nnd cnllcrliun. upun Ih�� in�Iobl�vLicc. .rcurrd 6y Ihi. rnurt �:�ua�: �ui�l r�•nls,
<br /> � issurv and prufils Ixin�; horeLy �isvi�;ned tn Uu� \Inrl�;ii�;ri• �ie (nrlh�•r �c���urilp lur fh�• pnymrn� o( all indrLtrdm•.. s�.eunvl h�•rrbv .
<br /> 3 '1'hi• I�iurt{;u�;ee c}udl haer the pu���rr lo appoint. any a�;ent ur aRruls if. mny dr.im fur Ilu• purpn.r � d r�•puvin�; v�id pmm �
<br /> �- .'' j iccn: renlin� lhe s��mv: cuUociinR ihc rrnis. rrvrnu��v �md inc�nno, nnd it m;i�� piiy mrt n[ said innnn�� �ill ��aprn.��s ineurnrl im m�l -
<br /> � ing nnd mnnnging lhi� s:�rnc :md of rullecling thc r��ninlv Ihi•ndnnn. �I�h�� 6alnnci• rrmnlninF. i ( nnv. <h:�ll b�� ;ip� ilird tnwurd fhr ,: � - .�.. :
<br /> � dischn�tir o( the nturl �ngo indrblydn�•rv. "I'hiN nsuignment ix fu irrminalr nnd lx�nxnr null nnd enid �q�nn rrl��n��. � d Ihin tnnrieu�;�•. � . .
<br /> N ' ` , c
<br /> . .
<br /> ' ; 'I'hi• I�tortgtigea may collrcl n "Inlc ct�iirg�,.' nuL lu rxcrcd I�i�•o ( '�•nls 16c) for ��nch d��llur I � LINll ��f �•nrL �� �UJ �n��alhly ��� � ..� ' .
<br /> . � � � ��nytn�ml. morr ih�m 15 driyN in �vrrnrv to <•o�•rr Ih�• ��xlr:i r�p��n�r im�ul ��rd in hnndliu�t di�limpu•nl m•cuunl . � . � .
<br />;q. � . ::
<br /> 1� : - All paym��nls mt�dc und��r Ih�• pruvitiiuns uf tliis murll::�ti�• ��r Ihr nulr h�•rolrv �rcurrd . �v6icl� mirv b�� i�unnlrurJ �in inl�� n•+1 . � .
<br />'�'�.. � � .hall unl. in fhe a�;gre�;nte uvrr ihr I��rm fhenv�(. �•xi�i�i•d th�� rnfr ihal mny n���r bi• lu�vfully runlr�irlod !ur in wriliiq:.
<br />,�� �
<br /> 3�:N
<br /> yyQ[�
<br />�i�'{'p
<br /> r� 2i
<br />>,4� � _ �
<br />
|