|
-- {aj drat in-the went the Mortgagors fail Co pay ari¢n :1=.re atA` taxes, liens, JiiQgments; er assessments, qr ia1'_:Co
<br />.,-, ><aintalr. insurance as her¢1nDefgre prcvided,-_or fail to pay rents, fees; o,' charges vndar the terms'-DZ- aqy _leaSe.
<br />~- aernl t, license, ar-privilege; or-Mortgagee is regarir¢d to .incur expenses fDt. abstract fees;: attorn¢,y-fe8s, ;:ost's,
<br />t__ -_xpers¢s-,-and c*.tler-charges-in co.utectign w1i11 li tfgation, Hdrtgagae may.mage sue2i yayment or p3`DVI Ya sugh iaurarice,
<br />ar in:tar suctr gbli~gat'Son, and i11e~_amouhts paid. therefgr she?i,ae^~e-.a part at. thelydeDtedn6sr "?egad an-eby due
<br />i ( - ai6 payable- immediate:~y, and shall bear' }n t¢rest from the date of payment st t11e, spine rate-gs-,. rv?'detl Ler ;1eta~ir
<br />,{
<br />- ,6)- That-in the went dry awards are ?nade to the-Mortgagors or their successors in-2'tter ;r, irr rJCtnh or c:~ ding.
<br />--by the-exereTSe -tiY a:aTnent damaiii. the wSin2¢ or-dry part-cf-the mgrtgaged-premises-or arty-2acem nt tnere!n ~hesuid
<br />ewards-are hereby ass ignedtatne. Mar tgagee: the-MgrCgagee'is her¢Dy.author22ed ~-Cq cgliect, *~>czlva, and receipt.
<br />'t p~_ therator-'snd to apPlY-the~same .h. payment-e2-any SndaDtadness,-maturEd-or dnmaynrea-, secur¢d. oy tnis RortKage.
<br />Ef --(3) ThaC In t2ie event Yar Cgagurs default Sn the-payment of-said principal sun;; cr q;
<br />.I k. aly+: lC,St 11 r(t ' ~-:r
<br />".:Y any kriteresC therDgr, at Lite time wnen Lhe se'ne sha11 D¢ doe, Gr~w1Lh respecC~tO-aRY Covenant rr -~ndl tl~~ he"e~
<br />(~ i oF, then, at-tile- optTOn at Mortgagee, the entire. ind¢tit¢dr[ess-secured- tieraby sha12 forthwi tfi: becgm` dua~'ad pay ~Se,
<br />s'iall Dear interest at the-default rat¢ -described in saidnote, a~idtheMOrtgagee- maY.immediately Sqr.close-this
<br />;~ j---mnrtgaga or pltrsue ayv ocher available legal_remedy. - - _ --- -~ - _
<br />k-- - (71 That.in the--avenG action is-brcugnt-caYbTeclosethis mortgage,. Gha Mortgagee steal=;:be. entitled:-to lmmetl ate
<br />-~j - passessSOn of the mortgag¢c~-premises-,.and the-court may appginYa r¢ca Lver'to takepossesston'gf said premisi ,r+irn
<br />ji ! the usual-pgwers-qf r¢ceivers In 2iK¢ cases. - - -- - - - -
<br />lif (eS TYis+.fa}lure-or decay c1' Mortgagee to exercise any of 1CS rights qr privileges shall.-not be construett as_„
<br />,f ~_ waiver. thereof; Chat any. act eL'MgrGgagea waivS ng.:nny sped tie tlefault of Mortgagors shall .not Ue ccrsGruetl_=as u
<br />~(-~ - waiver ~t any LutrL a: def,auits; rust. in case oC dafaulC'ln the payment of any-amortizaClon.2nsta1ltnenGS-or intieresL,
<br />(i j--qr Ln ca2g pf pay'."~enL by Mor L/agee a1 aqy ITen,-jnd$mP.nt,. taR, insurance, Cos[ qr' 8RPE71SE;. Gr rents, -LBeS-.or rhaCg@9,
<br />sfi ,_ said-Nortgagse s1:aS1 tiave the privilege, wlt'nout deelarin; cha whole irdeb Cedn¢ss~due-and--payaDID, to icreckase-,on
<br />r
<br />_- account--nf,saeh~snac ific default for such suns as ,s¢ 1n default and sucti YgreCiosnr¢proce¢dings'may be-tied env
<br />~.:__Giie land.-des rLbed.herein.may De. qld suhlect tp.-the inpai4_ir,deDCed:tesN ,ereby-sPruren,,. and th1_.st... ~~..gs.:ca;i
<br />rsntinue rs a-.a1eL for any Lupaid Fee n;;ee: - - -.
<br />(3) That the -*SO `gagee may 3xtend and de__*er the maturity aY and l~nhw',and~~reemortize-°a1dlndeDtetLness, release
<br />from 11sbf1 L.,i an;-Par:} SIaD:.e tltr on, and ra?ease from the liar ihefienf Portions ~Ci ttic Praparty covered hereby.; -
<br />wlLhoni atLecti.~tg r_ne ar lnrity h -of_or--chF }, ah111 ty of-Sort 'g'i~~'a-q~'T.tr Js her.party. 'cr.. 'he-paym~nk-at--said-
<br />TadeDtedhess,-all such extens7 cos. _fe_meats, reneeals, ~?nd reamgrt ~zatLc. s, .,a „_ .,eeured hereby. - 'i .
<br />(lp} 'Carster of fec-,Trl ty, It is axreed between 'he parries Here a {ike,y~ Ieirs, iei?a1 representatives:-i,V;d assigns,..
<br />chat theintegr!tg ahd reslwnsibilI y ~ ? th. Har _,?xs;or~ gns[:4utF I ax'L of Lhe co7lsideration for the note-sedtL fld.
<br />~ hereby,: ardchat Ln the-c+ent th Mo rgago-s sIS 1~ s Lrarysf 7i -qr ~~:nn ey the property described-~:e~ein, the -
<br />I-. Yortgep,¢a may at its eptior, rlc„lrsr *1 0- entire ~ndebte less imme~t~CJ¢1y 'Iliue~and payiab25 a'td may proceed: ip.the an-~
<br />y.: . ttrcemenC of i S rlsnts as or. HE Gt....r ~ef•ut.~ n `he tez^ms Df t,a to..i and mnr Cgage. -
<br />~{ _
<br />~YOrds an3 phrases hs° s x^c~rudi nGK =•'+c .;,c k^aU~ted~~nnt hereaf sra ~' se ronsSna.d as ir. C'Ae s~irguia* o-r PiuxuE
<br />-I ', n:nGers arv3 a.s sills eatire f sir vr.,~, e rwvte ~ `~r2€. arc.^*?sr.~ ?q thn `r Doter:.; ~]p~yif~----
<br />i'; _ ,;i5AI.1 ~ ~R~~iR~l'`n .. ~Sel7~~-J (SfAI.}.
<br />( aC~$On'
<br />!+ y
<br />Tom- -_E' ~~'~~ .~
<br />i
<br />z
<br />. 9 fh~ tt.l,e 74~ ~v sat i '.<`7~i ~;-_• ~ -~ C i
<br />.: ... .,.
<br />t
<br />' ' staid, persanaliy tppr.~i e4~ Stephen U_ Jaakaun and Linda I. Jar~ksan, husband and wife,
<br />S,
<br />
<br />' ..._... _m.__._.___,.
<br />t( mr xl:owu tc u~ Ca ~ _.
<br />e N+srsans .. '+rbed t. ~.:. -~..., z i-.,.;' td'c , n _ ___
<br />,.- cg. n:. r.;-.t, t. -.. r,++. .h.n,-.
<br />.•
<br />..,'. :r... _,-,r
<br />r xr -. trc
<br />±
<br />~ @;aE -hi t~iu tr ` ,.F
<br />FnitL~t] 9 ~ ~, arfl -_e,~. ,
<br />
<br />~
<br />',
<br />
<br />Sb :nKnl-,>.irip fixr i-'
<br />
<br />-~ _.._...__ _ ..1 ~
<br />~
<br />~`~.,~ ~-t ~
<br />Y
<br />tn1.
<br />" ~ ~ -
<br />
<br />'.
<br />~
<br /> /
<br />'~
<br />~v~ !5
<br />'`~
<br />1
<br />a
<br /> ~YOrt~s,.4~wA141~ .
<br />F z„ ..,.,~f
<br />,
<br />,
<br />u~.
<br />t
<br /> ,lr~u -t .. .. sreitY,~d t
<br />...
<br />
<br /> ._ ~ ~ ,~
<br /> '
<br /> 11 i j ~ (
<br />~
<br />~ ~ '
<br />~ -
<br />Fi I
<br />a t! ~ e ~
<br />~ ,~ ~
<br /> ® ~ ~ ~~ M
<br />
<br /> ~ ~
<br />
<br />8 a, - ~ y
<br />k 1 C~Y~~u ~<S +~ Raw' iP-s
<br />{ ., ~ -
<br />,
<br /> ~
<br />
<br /> a - ..
<br /> ,
<br />
<br />t
<br />~z
<br />_. _ _
<br />
<br />
<br />... u
<br />
<br />,
<br />,e ~ :_ - .. ,--:- ~ _ ~- ,. . -. .
<br />
|