<br />I
<br />
<br />83-004596
<br />:; 8~~ V0II)4
<br />
<br />r
<br />
<br />3. The mortgal\,..'c.ov"nanbl and ~....,. Ihal if he .hall fail 10 "ar ..id indebledl1e8' or any vart Iberenf when
<br />doe, orllhall f.illo perfonn'IlIIY ""venanl or agreement of thio imtrnment or the promi....ry nole 8UIlred herehy, the
<br />enu,,", indehtedn_ hereby_ur"" .hall immedialely become . due. payahle, and colleelible withoul notice, al the
<br />oplion. of the mortgagee or lJIItipt"l'egardl_of maturity, and the morlgag"" or hi. a..i!l'" may heforeor after entn.'
<br />.druid properly with",,, appr.i.e-nt i the morlll.gnr hav.ng wai..d and ...ignrd 10 Ihe mortgagee .11 rights of
<br />aPFaioement I : ' .
<br />
<br />~..-, at judicial ute pUnluant to the provifion. oE28-U.S.C. 20011 M'; ur
<br />
<br />(II) .1 the option of the morlgape. either hy .uction or by ...licitation of _led "ida. for the high""l and
<br />beat hid <omplyi"8 with the lerma of die .nd m......er of paymenl .pecilied in the puhliahed notice of tale, Ii~~
<br />~i\'in~ fnur wnk.' notl("e- aT the tim-e. temu.. and pluct' of ~ut'h ~alr, h~. atlvf':rtitlfl'numt not leM than once
<br />d~ ea"h of oaid four wee:" in an_paper pnhliahed or diatributed in the county in whi<:h ..ud p.roperty
<br />ia aituoled, all other no\i<:e he~ hereby waived by' the morlllagor i and rod mol'\j!ape. or an,- pe_non
<br />behalf of oai~ ""'1 hid with the unpaid indeblednea ""idenced by Rid notel. Said ..Ie shall be
<br />held al ~perty ...'he ""Id or at the Federal, ..ounty. or ..ily courthouae for the county in which Ihe
<br />P""JMIIIt It I~ The .....I'\j!agee ia h",...,by authorized 10 neeute for .nd on behalf nf the mortgagor and to
<br />deli_ t";_ punhaoer at ouch .ale . .uJlidomt eon..yanee ol rod property, which .ooveyanee shall contain
<br />reeitaI. .. t. the happening of the default UpoD which the """""lion "f the power 0( ..Ie herein granted
<br />depen<Lo; and tM ..id mortpgor hereby ._itutea and apP,,;obl the mortgagee or any agent or attorney of the
<br />m~ the agt!tlt .nd attorn,,:> in fact ol .aid mortgagor to make aueh recital. and to ex"""'" ..id
<br /><:onVeyllDee and hereby co..-nanta and ag.- that Ihe r...-ital. "" ....de .hall be elfedu.1 to bar 011 equity or
<br />riaht of M"demphon. bomutead.. ,dUWf>f. ..nel .n uthf"r r'~fup!lUlU, of th.~ nt.urlu:aJf:ur, 0111 of which art' 11f."r~h~
<br />t""p.N!IMly wai-w-u s,nd {.~onv"~f"-d to .he mort.a~: Uf
<br />
<br />tlltt tab iln~ oti:u;" "'PI,rop"ate .ctiun tn-Inullnt to !'tatc ur t-f"ti..-rai \lilatuh:, t'ldu~r in ~t..h' Uf" Ff'!!h.ra.1
<br />~'OUn or ~,hM-w_ lur th~ d&.po.i'ion -of t.... f)f~pt'"rt~.
<br />
<br />10 the ...._t 0( . ..Ie ... herrinh<'fore I'ro.idNi, Ihe mortll'<<or or any p"""N in ~ion "",der the mort-
<br />~.J(\)t Iib.I1 then ~m.,. And hf. f~n.Ul6 hold<<nll ,;,,-~r .;.tnd ..hall torth,,".ith Il~II"N p{)~l-on to th.... purdt4lJl@f ..\
<br />fl.uch ~le or br tummill'iry tli.~~l. in .ll(':('{)""Luu'" ',..d(h fht' pr'Ovi-lvn~ .~f I",,,,. apvh~'.hlt' HI lt~n.ull... hQlthfl~ v\'t"(.
<br />The pow~r .ad &I < ....,llh IiIn wt-e:re,flt .mi <ire irn."po,...bfe i'J\' "{"ath or ufht'l'\loil't", and
<br />.." Ua..tM ... cWh~" . ,t<...,~::~~'m HI ,...~ m,:d..in;.'~~ pi... ..l.'.l h. !....,
<br />
<br />4. n.. ~ :;'i'...:>-:';;'I;'';f ~;;rptop..ifj'lli~.......".da""" ",ilh Ib.. p,"""""ing p"'.u"pb. .holl be appliNi lint
<br />10 pay the ..... ...d ....,..,- of ..ud ...1<.. the uJf"UOft lOCUm-<! It, t h. mort"..... lor Ih.. purP""" oi prOled.."" or m.in,
<br />l..miA<< .....id pt'Of""rty~ and ",pOoAM.. i,tUllme'r'" r~~ ~ndly. lu p'." tllr. iud....htNhwH ~.("uN:!'d ht:'_rt"h'\': d...J thirIH~"
<br />to pay iUl-~' ~tN, 1)1' ~ to- th~ pr_notl Qf" I-~~JIM I~alh f'ntit~ Ihf!:fMn
<br />
<br />$, 1.. the .,._t wid propert) i. >old al A judici.1 I_I......... ..I" or punuaol I" t"" pow..r of ..1" h"rein.be...
<br />groated. aad the procooedo are not .utlk."nl '0 par Ih.. total inJ"htcdo_ .......red hy Ihio imlrum.lI' .nd ..ideMed by
<br />Mid ~ nol4!'... dill' murt-J.'c-e will be entitled \0 . de.h~ir-fl(,V judpnent for thr. .aatoun! uf th~ d~fi('u'!n':y without
<br />,.,..,..... ~,
<br />
<br />6. I. tM evC'tt' 11M muntl_<<or f..H. to p., illl~ .-edt::r.t, "tille. Of 1.UC'41 t.u il~.l\;jnle-ut. inco-ml' totX Ht' other ta.\.
<br />Hea.. ~ fee. (If' ot.bet e-J..~ <:harJed .~.i_ t~ propert)' th~ mortpgee ~ herttby itutburiaetl.1l hi. HPlion lu
<br />pay the..... Atay .\1811 I/O paid by tiN'! mort..,lff .hall ~ .d~-d to and beeom~ " Start uf Iht'c (trincip.al ilnlonnt of tht:
<br />~ evideaeed by aaid not... o..hjed to the ........ t..,.... ....d <onditiooJ,. If th., mortf;'lI"r .b.ll pay .nll
<br />diacloupu... in.........!...... ..v~ hy o&id prom'-ry note, ~Dd ,hall poy .uch ou,," ond .holl dud,.",e all
<br />'- aad 1ieaa and the eoaIa, f-. and upe_ of ~ ...folciol!- and eucuting: thi> mortf;age. then tb;. mortlage
<br />-hUbe c-w aad~.
<br />
<br />r. T1o. __ '-ia _t&iQed .ball bind and the beRdiIo .....1 .d""lall"" .11.11 inur. 10 III" rn!","'i." ,''''.
<br />_ _.......01 the putiN ~ ""-er IIMlCl. the ainplar ",,,ober .b.ll ioelude tbe plur.l, tbe plural the
<br />....., _doe _of...,. ........_11 iMhtde aD...dera.
<br />
<br />8.- N. waiv. ai ." ""eIiiU&t herein 01' uf the oWiptiou .eeul1:"'CJ hr.reb, lllhltAU .lit itU\ litu~: lherrdfh't- i~ hd.1
<br />to be . ...... of the te_ Ita.of ... of the note -.-ed h "reb,.
<br />
<br />l
<br />
<br />''* A ~ ~ ~'l or j~t liOld.in& allY Vn>>'&.iot. or putllou ul tit.. iU.UUfU-C'ut .tn.-Hd \lr Ul1\'W
<br />........... .... _la ..,. ....y l..,.u .... pl'f>l'lude lbe enf.....,.,.....,1 of lhe .........I\il l,ro.iaiom or portion. ..r Ihl.
<br />~ r_
<br />
<br />lti ...,..-,.... __ ......t.. the ~ pu_l 10 the ~... ..t thllo irltlttumMt .loall be ad-
<br />...."'.... ............
<br />oad &Ill wri_ notice '0 be lMued 10 the ,_rt,OIt_ _II
<br />
<br />.. ...w-.l.. .. ......... ..
<br />
<br />;. .--" 1>'-.1 .,.~..
<br />
<br />~.... "tT-.w... i.,.H~
<br />
|