Laserfiche WebLink
<br />79--~ t-s.s1~Ea4 <br />7_, <br />_.ii:~:><ed by la,~ or federal re~aulatian. i'rircipai .:nruurits ;:;r?Wald ri,. tc' ;r:;r:rit~,• rr,ust <br />:e ir. amounts equal to one ar mares subsei:u'<,r~t ;:rincipa? ~~:3ymants. <br />3. That in ~;di,iar, #o and tcgeth.,, ..ith t1-:e rr~.rytt:l• ..,~..~,lr-., s ::rvided gar <br />„U-- ti,e tgrm~ of -tl?e aforesaid rrami;nary tae Ye ar/d any-other notes or aoreerticnts far <br />.-rd,~itiona! advances as provided h`rein "nar`~agor wi I I ;:':~y ~.~ an advarce raymer~t to <br />-iortgagee or, itle first day- of each' tenth u~nti i said E~atg ~nrt the. total i~dehtedness - <br />__~ured her-e~}~ 'ts icily paJd, an ar;,ount estimated by P>:~-tgagee t,, be safficien'r to nnaGte <br />fhr~ i~iorfi;yaraee to i~ay all tares, assessner:ts f~~~n~ra! r~r r-ial;, rr:r:r .,nd other <br />si:•,i iar charces against tiTe above descrihed pre;-,iscrs, <.. ~ihe sam:_ o<:come due. Such <br />ad.anca payments s'r,a!! ~., paid ea ~;^,,, to ;ether ..'h ttie rr~o:T'P?Tiy ir.taiirr;er:t~ provided <br />~~Jr eider ttiB terms Uf said ~ rUm1551 rv ... ~ ..^d _. .y ,~- i 3' ._ ~. acr~t;r ~~1t5 `•L3r - - <br />du,t-i~alai advances ds provided r;ertiin in s,nUlC r•_;rne^t vnd .ha, i ...,. be, ,.~,r deemed <br />_ be, tr::st funds but may ~i> <:omRinalad w:th other _,...h funds crr t~:: ger;era? funds of the- <br />~a ar:a ..~ .nte."est _ ._.1 `_'e n.aya_:ie in r., t trer='ct. ~'?r7~: _or seal I prompt;y <br />~.~. ,.uro~ta :~-',srtgagee all ~ i ! 's i,,r taxis, aa_es>~^., .= or: c' ..., .. .3r,d k~. ,,a,,ee w i (I use <br />;~ai'~ ad~,un~e payments sot.,+r,e qay ~:nt :.~f :>nid i:ii >. ;>'or t:l iye~ -a~i, trr^ tr^e to time, <br />,, „~ nt8_ waive, d~Td attc,r su~h ~.'aive rF~ir ., -, _ ... anu tsl? .~ervislons ~~t this <br />3r~~;ra,, r~c7uiring v_: `: ~duartce payrnen,`_ not _. ,~ ~ya3r~r i ~ritir,g. 'chile 5u~h <br />„::,,:, ,: at sec , ay `i,,,~r ~hj,I i,r ,a;. ..,..._ ~_ -. :3nC ren:_, ,» Citne_,,:ise <br />;,rr-,vided her-eina?ter. <br />i th,_ *u, a I t^~. _ uvance Via, •rrs . t=, ..,~~ . _ ;,,r''aa~ sha3 i axcF•eQ the <br />„r.t ~ ray rents actual f r made. by The ' ., p,nee r',r r~<es, asse~srrer~s or 11rents, as the <br />~. _.~~ T~aV /e, ~U4~1 e7C~:c~S, ul Tile ap i~}r 'lt i ,'.-F Fir , ~ ~VCl1I ..~ .red iteO /~i~ ire _ _ <br />t.ay~;e Ur, ~ ,cr5uent [ayments to bs~ rna.,.. u~~ .n ,.c- 1r, ~;r refunded to ri-:e t~rtgagvtr. <br />^owever, .r'e rnac:nty advarTCe pap•, er._ r~rai?e by .''e ti.r agar -:vial S ^ot be ~uffiiclent <br />,., ,~i such texas, aasessrr:ant= and rents, ..~ tl;a ~-:.-: ::C, ~r:en tfie same shalt become <br />,s. ~ayc ~ay;~bie, Cher, the i~Morty~3o~r snail _ , _ f>r ~yeF',,r.; amount ,tisc?ssary to make <br />:r, rrle uefi~;e;~.y, :yn ~r -efora the date :v;:..: pave^c~t of ~uch taxes, asesssr,^,ents ar rents'- <br />~I?eIi be due. if di' any fir^e ,~ !~~r"t,gaaor _„~, .. Eder to ,re hr.~t.vagee, ir. acCOrdcnCe <br />e~ii tMB ~rv'.isiOnS flfi the Nate SeUUr~Ud hErCG}', mil ,~'vr3.9'_nt of ti?e €ntire indetteU'ne55 _-- <br />r E ~r~svn t ed thereby, the i'artraaee she i I , i r c^r , i , ire amount ;.r s::ch i r,debtedness, <br />~:c ; t ,~ _ ._.., a, tt,e ; , tg__ ar k _ _ . a - ,c _ ,r'u i _ ., under .the abc,ve <br />,.~,a:ra;rn. ~(* there shell c,e a da*a::it un_.~r ~'=v .., t°e orowisior:s of -this- #=~~orTC~age <br />r..:,uitina in a Nub;ic sale o` thY- prCrris:-.. _'.,vYred `,arch}' ::;r i-- :r:e ;r~rTgaaee ac~;:i-res the - <br />v,?crrr ntner>tiise after de#~u?t, tt,e'~rt<aa=ae-~ s.~,? ;.?y in s„c'r: maF:ner c ;~k:rtgae~gA <br />_ tai? deterrine the balance ofi advance payr~~-It=. tn,. ..maE ;ink ir, the funds a~~±:mulated <br />., ^,'?er Tf12 alOV6 ragrapn, dS _. Crud 17 a0a i., the InQE=~~`e~n2s.~ - red heF'edy. - <br />- 7. Ihat ,n the event or7y~Of ",'fie =,.~..thly adva -t'~ :-;t r,an+5 U~l-i ded '.12rEir~ c7r-rrx3rithiy-. <br />,~ a1 if <er,t~ ~r0',`cGe~ ,~" un;;er the .G:: ='.> .., v3?~ .~.,. ., i'lJte ar~d any ether n"; es 3r <br />vt;m_,r,ts tfar additi.;-ic? a.^,varces rave .,~, :~?,. .. .e ...~ #tr .. d~ ~f the mc.n-.tt '^ <br />.v,..c:, _ uc, ,,ayment ',r=_ :'ue, a Vc,_ ~. _ , t~ t..-T .: ~) cercent ct nth e .^.~u^t of sa'sd <br />.c>..:,vi',~ pa;~ma;Tt may De assessea `~y the r;s>o~iaTi~r .. ;.~._ 'rte extra exYens~ ~,{ved <br />n hrindring ,.~linuent NuymerTs. int nss~~~iatio^ she?. ..'i oCiian*ed tG accent any <br />-~,Un Ph i y pa}~ment ^:ade of fer the tenth e'at' ofi the M- n rt; „-t l ~-,~ sa... ^ tenth I y payment ~ha I I <br />~~c ..4cor.,par'i:v u` vy i"he iU?r ,err.-.Jrl r` ;i T' ti9c i.^.t~ ;:far C~ as`~.__Ud Cy "?'e t`'\550... a': i:3n-a5 - - - - - <br />pr'ovlded .. ;; F'Gi^. <br />_. i~ psy arl}: and ai i "loxes, aces ~r*~;ts y neral or sf,ecial }, . ent.. end cfi,`?er simi lar- <br />~t-~ry~;5 i 8'1 't E,y uiu ~.5oc..-cad a~8 i n :. „ c'- _ „- 5;,. -r 1 _ '•?C rr, age. r~r 1 nCeb tedness herev )' - <br />at:CUrFtly beiC,r!=~T''e3Y D°C...;':E,' GE?s :. ;.C47t, `f~,, w z..: urL,-. i51., ::; n?-. ...~, -Ueen lrc'd-E her„ir'befa!`e, - <br />_.,,, _ ,.. iif?'aC I t ~ her e~'t tRi ~~i0 rtfj.-a ice RrBp' f - fihe ~~.,. _, and d i i C%~i":cy5 SG :-id`+3riC2u .. i th <br />h~ ,aTe :.~` ,-Cn _.'7 tetra ~,' tilt by ''•~r's"c~n.0; iJ tJn <br />: _r c:~ t at I i r~ ; rGr-- _ ay..Y, y p - <br />..~?'oil t7, and _ r,ai ? D- St',.: fired L:-)^ th i 5 .,'r.?r_i'~ 3CE-. <br />;. Tilct h'ortc)aror viii -Reap. the i,~rcrovements ,-.. said prer^ises isTSUred against lass <br />t f tort t ? , _ i ghtn i ng acid oiler f,a~ards i r;c, uded i ^ t',e stand r-d er. ended coverage endGrse- <br />:?~er,. .:s~rio:d insurance ft:er.= retiuired vy rd~rtcacc-e, an amount :~t less t-hen the <br />:.r.,~~~r_:..e c., the i~+debtedness __~r>rd hAreby, ~,t_. !c-ss, it .~~a'r, vayabie to said <br />L'cia'tion, in a campa=?y ar ca;rpanias a~:.~;=tat,e ~•r.*rla rssociation; 4 d should >uch p~.iGy <br />,r F,»iiu,.~ contain asiy pro~.ision teat eou~l. Munit the „-5urance companyrs liability tv <br />;;ay tnc: arrour,t ~, crTy loss or dama;e -u,, to tho fuI I arr°~;untfior wh'sch no! i-cy is written; '. - <br />._ s.n?:yunt a*' insurance to oe pro-vidad shall be in an amoun+ sufficient to, at all fiines, <br />l'; ;_roteot ~ ss~~,:idtiarr. ~° r.+n_r#gc~,cr fails tc procure or maintain such- insure^ee <br />: fne ..,,_^ryer ;;ec~f'sad here: t!:e ~ssecia~;o.. r,;ay, at i , i o;~tian, ptc:CUre and ~.ay -for <br />~Yi~ in~..rance, 8^d ati r^.~ryeys so advanced ~.Eth interest-rt II ~~, frarr. t`~e date of <br />~r-~ {;ayrr:ent sirai ! ue re:pai ~ by ?;crtgagvr ~.' :,%rTiarru', a,;u sha't ~ ,~e_ seCUr>^,' :,y thi< <br />%1r t<~~igw. <br />S. That the->`~irsrtgagcr w'sil itee~"the bui`id nqs up«r a+d prerris~s in gccc reaarr, and <br />-~i ttr~;r can;nit r3ar p2r~+tt-w~rst~ s,;;,c,. sa'sr «~nii, nvr s~~=~ *he _....R.. rc~!~i=eM to usw~ci <br />v ~~ u~ <br />:,;yy, ue+iawt. r -s°•' 1~c,rtt;Tar>or iurFtTer agree--the; ,r~tF,cut the ,~rittEri cans~nt cf- <br />.. J <br />~,,~ F~~:#ara~~_ en~~ :; ~;,a°, ni' :;~:~#fditr~scr"a~iaits`ors fin e~ist~ir,_g Guild-incs st+al I b~ <br />-rr-~ ~•rd r ~a~'-.i ,a ~=;a ~ ~;7sc.:~p~a aFaas ~h_ ai-t b~ sa#isfactar;iy-mair~tain~d. <br />~I ~,:t i,': .f, F, r,~,; t ~r,.,,T,~e~-tit--arty part=-therent Ge taken r,r-~am~ed by reason <br />~:;°.{. ,, u,{?w ~,c ,;ar~er,t or :derrn%,tion prr~Ceed'tn<s, car under riht of eminent domain, <br />>. .,.}~ ar;vr ~ ,: r_ ;=lag- ~ tc:~ snal-! to en-kitled :~t-its gar;tior. to ~omr~~nce, a;~Ge~ar in, <br />