|
. . .. . . u�
<br /> � �. ,_.. _
<br />, ,--
<br /> ��- �, �
<br /> � 'Fa�qV�AN�TO HOLD t�e samQ unio the Mor.gagee,as herein provided• Mortgagor cepres�e.nt to,ann covenants �
<br />� rrith.the Mortgage�.that ths Mort�agor Qas gacd right to sell aad cnnvey said pnmises:that they are fre�from er.cumbraiece.
<br /> . �pt as here�at�,;,aarise cecited:4hat the NYortgngor will warrant and defend the same against the tawful claims af ail person --
<br /> who�aever. Mongagar iL�by relinquishes a!1 r�hts of homestead.all marltal rights. either in law ar in equity.and a91
<br /> other oontingent interests of the Mcrtgagor ia and to the abave-described premiscs. -
<br /> P]itOVIDED ALWAYS,aad these pre�a2e are eAesuted and d�tivered apan the fallmving conditions.to wir.
<br />�,.� Mortgagor agress to pay to tht Martgagee.or order. t��aforgsaid princigal sum with interest from date at the rate of `�` :
<br /> SEVEN AND 7�/lOQO per centum f1.75000�)Per annwri on the napaid ba}�e until paid. T'tie said principal and i�terest .
<br /> shall ba payable at the of�oe of PHH MORTGAGE SERVICES C�RPOdtATtON in 6400 ATlWM WAY,M1'.LAt)REL, "S..
<br /> � NEVI JERSEY 0&054,or at sucb�t�er plmce ss the hatder of the uote may desigeate ia writing d$livered or mailgd tfl the .
<br /> Nlortgagor,in montbly iastallm�*±*�af EICfH1'H1JNmRED THIItTY EIGH'P AND 92/100 Dollais($838.92),commencing on
<br /> Ci8 '
<br /> . the fust day of MAY.1996,aad vontinuing on the fust day of each manth therrafter uatil said uoie is fu�ly paid,eacePt that,if �
<br /> nnt sooner patd, the 5na1 gaymeni of princigal and intarest shall be dus aad payabte an the first day of APFtiL, 2025;all �_.
<br /> acsonding to t�teims af a c�rtain pmmissarY note of even date herevrith exeaued bY the said Mortgagor. �'�
<br />, 'Phe Mortgagor further agcees: __
<br /> l. Helshe wilt gay the indebtednecs.as her�iu6efore pmvided. Privilege is ieserved to prepay at any time.arithout
<br /> pramium or fee,the entire indeb�n�ss or anY Psut themof not less than t�e amnunt of one�nstallmcnt,ar one tt�adred dollars �'�
<br /> (SI00.00),wluchev�r is iess. F�aymen�in fall shall be ctedited on the date�eived. Paneal prepayrnr�t,othet than on an F_;�
<br /> instal�aient due date,need not i�c credited�mU'1 the next follawing instanment due date or tY►irty days af�r such prepayment, �;_
<br />- . VNFl1C�1CVPfISE3T�CI. rt--_:
<br /> �. TogetHer with.aad ia addition to.ahe montWY Paym�ts of P�P� and iuterest payable a�er the terms of the ��'
<br />" '�� .•�• � na��..�*ed fleieby,Mortgagor evi71 pay to Mortgagee.as tr�teE, (under the terms of tiiis uust as hereinafter state�on the _ -
<br /> - . ,` ' first ci�oP each month untif said:m�te is f�illy paid-
<br /> � ' (a) .A sum equal to d�gsound renrs,if any.next due,pins the premiums tiu�ar�l next's tax�e�d assx�s�ents [
<br /> � � on golicies of�.�e and ather h�axd inswance oove:ing the mort8a8�PTaPeriY�P �-.
<br /> neat due an We mostgaged propedty f�����by the Mortgagce and of w(ifich the Mortgagor ts
<br /> . � noti�e�less af!sums atrr�dY Paid thsrefor divided by thc munber off�r�as to elapse before one month �r=
<br /> prior to the��..�n sush grouad rents,Pzeminms�taxes.and asses�n�s w:ll became delinqaEU�s�di =
<br /> • snms to he ts.d',� �y !►��agee in trust to pay said �ound c�„ a-��s, taxes, aac£ �ecAal �
<br /> , ss�menss. �.
<br /> (bj The ag�egate of�`�z�"'....:�paYable pucs�ant to subparagsaph fa) an.d t�tose pay��+�a the no:�secsued
<br /> � her�by, shall De��in a siagle paymeat each month,to be appli�t3 t�e foltoaving items In�r«�a.*der
<br /> , stated:
<br /> � (q Bro:r�rants,taxea.assessments.fire.and other ha�d inm��e prem[ums;
<br /> � (lt) interat on the aote scwued hereby:and
<br /> � (IIn amorti�arion of the pr�acipal of said aote.
<br /> ' . A�r deficieneg in tbe amount of such a�regate montWY Payme� s�ia11, unless made gaod by the
<br /> en
<br /> :. Mortgagor prlaa ca the due date of the next such payrrent, cons�� aa e�+ent af default uadsr this
<br /> moitga8e,At 13��tgagee'sopdon.Mortgagorwillpaya•latecht�rge°�:t¢xs�ingfottTgetcentom(4;"a)ofaa
<br /> iastallmeat v�'..,,a paid mo:e thna 6fte�n(1�days after th�dus date thereof w cover the exaa exQense
<br /> involval inh�i�g delinqaent p�ymenta.hut such'late da::.�s'shall not be paya�(n.�utof the procads of . .
<br /> . . any sale made t�sailst)►the ta�ebtedaess sociaed hereby,�tess such nroceeds ac�s�fficient to dlset�arge
<br /> .. . the mtine indt�t�''iness and all proper wsts and expenses secured therc�. --
<br /> ' '. 3. If the total of tLe paymtn�m�de bp a�e Mortgagor uad�r!a1 of paragr$Pb 2 F�8�exoeed the�ount of -
<br /> , .. paymetus actually made Dy tbe Mottg�gco.ss t�,far ground reats.taxa aad assessmeu:s,.aud ia.�x p�w�s.as[he
<br /> . px nyy�e,sucL excesy al�ll b�r�edited b;� +�Mortgagee on snbsequent pa}►me�ts to h,.��ade by ti�=Mortgagor for such -
<br /> ra�
<br /> items.or,at Mort�gee's opdan.a��."�.tsces.shz11 be refunded w Mortgagor. If.howevtr..su�3 QwnchlY P����i�
<br /> � sufficient to pay sncD items whca lfu:same s�11 beoeme due and.payalble,then the Mo�vr shall pay ca tLe MongAgoe.es
<br /> : tn�tee,any amount nooessary to mtike up the�ficieae,yy within thirty(30)daYs after wrltten notice from the Mortgagee stazing
<br /> et
<br /> . � ihc amount of the dc�ir,3ency.whish noflco sna7 f�giv�abi+mail• If at a�ay ti�the Mortgr�or sball eeadc�to the Mortgagee,ia
<br /> - . accor�uce with�s rrovisions of the note s�ured hereby,fiill gayment a�tfie endre inde6tedness cc�msented thereby,the
<br /> „ �1�,qe��,a�s uustx.sh�U,in az�uting the a�uat of avcb icdebtedness,rtedit to tb��ooimt o.f tLe Mortgagor anyr credit
<br /> b�rtr�;txcumulaue�tmGer the Ema,isions of(a)of pazagraph 2 hereof. If there shall ba a�r:�t under a�r of the provlsion9 of
<br /> � t�us ut��tgage resvlting'in a publie aale of the plemises covere4 henby.or if the Mortgag@e acquires the pm�perty otheiwLse
<br /> .$
<br /> , .. after defauit.the Mortgagee�as uusuae.shall apply,at tha time of the commonceme�u of sucL procceasage or at ehe tlme the
<br /> p��,iy othe�wise a�cq�rcd�tho amount thcn remaining to credit t8e Martgagor�mder(01 of p�a�ph 2 prea�ding,av a
<br /> �• cm�dic i�n the interest aocrued uad nnpaid and the batanoe to tha princiQal then rema�ning rm�aid on ss�nate. _
<br /> 4. Tho lien af thts instr�ment sha11 remaln in fiill farce aad effect during anY posr�°nement or catcnsiaA oY the time of
<br /> Dmyment of tho indehtcdaess or any part thereof saumd hcreLy.
<br /> 5. Hetahe will pay aU ground ret►t�, taxes.assessmetus. wase=rates.and otlur govemmcntal or munIcipal charges,
<br /> � �ines.or imposidons,levied upon said premises and that he/she will pay ail taxes levied upon this mong,age, or the debt -
<br /> � � serured thereby.together with any other taxes os At��'a which mny be levied under the laws of Nebra�;Ya against the
<br /> .��� ' Mortgagce,or tHe legal hotder oY said principal aau,on account of t�is iadebtedness.exsept when payment for aq suci�9tems
<br /> has thereiofore been made under(a)of paragrapD 2 hemof,and he/she will pmmpdy deliver t�e official receipts therefor to the
<br /> . Mortgagee. In def2uYt thereof tha Mortga�ee maY PaS+tfle same. _
<br /> .. . � •,�Y; :�c s�.,i�'�' _
<br /> � 3/
<br /> • � :.
<br /> � . , 9225A�C Rlt.Q!!3 CGIY�EO) " NPszAAS[A VA!StUI!/iiAtilS .
<br /> ' _ , ' , . . • , .�,. ' � ..�. .. .. - � , . . . . . . _ ., ' , . ,
<br /> ... ... ' • • ', . . . .. . . , . • .. � . r. � � . • •. . � . " . , . . �-
<br />
|