2014-007 Ordinance - Laserfiche WebLink

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01-oil-t9�s_ MORTGAGE Pa�e3 _ . . Loan Me • - g ad) 'vat.. 91.4[0158 PAGE 12 . . . . . . . . _. .. any contest,Grantor anal defend l een and Lander and alaq • rams Lender as an additional obliges under any surety bond�In judgment a nga enforcement against the Property. Grantor shall EMdaeea of Payment Grantor shat upon demand furnish to Lender satisfactory evidence of payment of the taxes or eraseamena and mead . . authorize the appropriate governmental official to deliver to Lender at any time a written statement of the troves and assessments against the Properly. • Notice of won. Grantor shall madly Lender at least Mew(15)days before any work Is commenced,any services are?unlisted.or any nateriala an suppled to the Properly,d any mechanic's nem mateelaalen's lee or other hen could be asserted on accoul of the won,senses, or material. Grantor will upon request of Lender furnish to Lender advance assurances satisfactory to Lender that Grantor cart and will pay hire act of such inprovenente. . . SINISINMNOINMEIMININNIANOM dTloolott oatrig7pewlebsesendaltrigesWnningtfaEmpe ty ersanppkotteafdalgs®s. Maims ablomeaacax S im Wallestooze aedamsbmalo an assaaommeek eland a ckadaoiediammo Ai to noemew • eNibidabar Ns fellragatebettabe Impa0lYnallbea kAygp stmelowoosmamegcbaleocaNdiasplealimmatem MiDeMenallelantkdadmIdotaanddembraostgem ldaaedat a/picot IPA baIIMAydNfgti trenslaayaolpall at la new* • Me ;NAN liummeeInsItpcsmaptatex aaamdrxILthabocehesAs ossamNW*i in aaistslr .➢7deoeitbaalta at Natalie leMormoiflowilswafte moalislaANINANNONAInuNaREINORN dare aleotatllaoxadilataloaMe NopagmlING at oacestasowl Man alatelegAaadhatit ncloltagw . . en inoflh' NNEEININERIANNINNI loialweaSaNtseRantliWaRiwastii wa*salwattter>Oaatnaawtlallar ONINAErRol RNlawatlnlaamfbalAatnpMdpiNOWNININNIMltitsw at lanklexas�w t ehaat apt. anew nePa sok aceafomAdAploagall'Al lord taisa ooaataliora AatatEtorela)Zcfoawbaaayxnaloot abatrraItOaa- OtitaLAltnaWlaSlawttaDllrfnefaafalanAtltrtlalltatAOlrtrttsldat)staaaadly yRmatto*,altaalaecagpbllhaRaanda sea NlWabD�MAlApndtat Irel )b t in in tt rillgtItSMIN1Rb1)INIARINgataplll tla aNINWANANIAIRRIANE alamacesi weRwaabc ran Ian Ie�ia aeaoosnpNyod ores arynt Medea SsaderaMeRtaPtaaaletsbat Ned hteedon a )p Ill tiltfluAlleNNINa a tladwhiaaaoaabbaaelotmak . ; aaemtllaatadafaleatVOISO i at aabadat saeutmtwoUtubaa/aaaaKttaa lolaaaaaoldelalt rieMAN entesardett Wahl toesellmibab0 tfilakMRR ROnah taboos eMo t a INI a/Fa t era an at sRaltNI MENAnMENAItbApyMaaatea fatila0NAMItadMMfd MIIMARMINGIN • - n 0RF alihiilMemems-mateme laa)abobplatrem0laaanatabiaa76aaia. ___ _ MISIMINIMINNISAIIINNINIRAoPININratdlwrwatai hXbdaatstottlsaceeeilboliaatdmmaNa/Wecp uclmaoabaNweametgtaouadit+gtlta • Watseka MNa eerawrotraaMaedmdalaaaaeblami taaaiotaagaI0ea tantleeselaeasceeaa Este**NNW *Nom Mom atattralllaulegiclidell4ImAXOANAItIRPAAvaPlaaIlaMt•almai Arameximiquems stttlMlarllatapwtaohxfr bit etanegortAA ibbionnendoardre4ebibenranwokAkinowtot fteb gisleftesaedx- taRlb«pdaNOMINopieNutitfaaoaatifle INMAINONNAIMPIMINE NAM MUM MON NA pplaweel f p Aoa/adhN11111A<Ma Xsots simmoRMpaitut an 11a0arAbAINSMINAPMYal lr�Atsib aNI01atlAfebM�sogo. • TAX AND INSURANCE RESERVES, Wiriest to any lmestioheeet by appYCcable ' Lender may require Grantor to maintain with Lender reserves lot . pepnerd of annual taxes,assassinates,and insurance premlwtw,lwMGt reamers peel be created by advance payment or monthly payments el a corn seemed by Lender to be sufficient to produce,at least atean(ta)daysielore'dfe,amounts et least equal to the tutee,assessments.and insureds premiums to be paid. II fifteen(t s)days before payment te due the reserve funds are Insufficient.Grantor nisi upon demand pay any deficiency to Lender.The reserve lunge anal be held by Lender As a general Japan freer ,Gramrfr,wNch lender may eatery by payment of the taxes,mwwtteie. • • and insurance titanium,required to be paid by Grantor as they become due. Lander slid have the right to draw upon the reserve funds b pay such Rome,and Lender ends not be required to determine.lhe validity at accuracy of any Item before paying It. Nothing in the Mortgage shall be construed • • as requiring Lender to advance other manes for push proposes,and Lender stall not Inds any lability for anything it may do or omit to do with respect to thaw/ewe account,All mounts In the reserve account we hereby pledged to tether ssctae the indebtedness,and Lender Is hereby euarrntzed to withdraw and apply such amounts on the Indebteidnees'upor fie occurrence of an Event of Defaut. Lender shall not be required to pay any Interest or . earnings on the reserve funds unless required by law or agree3 to by Lender in wining. Lender does not hold the reserve funds in bust for Grantor. and Lander Is not the agent of Grantor for payment of the taxes end assesattema required to be paid by Grantor. EXPENNTIIRElf BY LENDER. if Grawar tale to comply with-any provlabn of this Mortgage,or it any action or proceeding la commenced that dodd w r_ materially effect Lender's Interests in the Property,Lander on Grantor's behalf may,but shall not be required to,lake any action that Lender deems app►gdaa. Any amount that Lender expends in so doing orb bear Interest at the rate charged under the Note from the date incurred or paid by Lander to the date of repayment by Grantor. Al such expenses,at Lenders option,will (a)be payabe on demand,(b)be added to the balance oils Note aid be apportioned among end be payable with any Installment payments to become due during either (i)the term of airy applicable Menace policy or (at the remWolng term of the Note,or (d)be treated as a balloon payment which Mil be due and payable at the Note's me irity. No Mortgage also we secure payment of these amounts. The rights provided for In this paragraph shall be In addition to any other rights or any remedies . ... / to which Lender msy be entitled on account of the default. My such action by Lender she not be construed as curing the default ea as to bar Lender __k. from cry remedy that 5 otherwise would have had . WARRANTY;DEPENSE OF TITLE.The following provisions relating to ownership of the Property an a pan of the Mortgage. TMs. Grantor warrants that: (a)Grantor holds good and marketable title d record to the Properly In foe simple,free and dear of all hens and encumbarcea other than those set forth in the Real Properly description or In any lee insurance policy,We report,or final tide opinion awed In favor of,and accepted by,Lender In connection with thte Mortgage,and (b)Grantor has the full right,power,and authority to execute and delver this Mortgage to Lender. Geese of We.Subject to the exception in the paragraph above,Grantor warrants and will forever defend the tale lo the Property against Ire lavful dams of all persons in the event any action or proceeding is commenced that questions Grantor's title or the interest of Lender under acs Mortgage.Grantor shall defend the action at Grantor's expanse Grantor may be the nominal party in such proceeding.but Lender that be entitled to pamlcipafe in the proceeding and to be represented in the proceeding by counsel of Lender's own choice,and Grantor wit delivr.or cause to be delivered,to Lender such instruments as Lender may request from time to tine to per su mit ch participation. ordinances,and aisle ot�rgovem arrant authorities. the Property and Grantors use of the Property compiles with et aiming applicable lea. I CONDEMNATION.The following provisions relating to condensation of the Property are open of this Mortgage. of Nat Proceeds.If all or any part of the Property Is condemned by eminent domain proceedings or by any proceeding or pure ase condemnation,Lender may at its election require that all or any portion of the net proceeds of the award be applied to the Indebtednese or the tepee or restoration of the Property. The net proceeds of the award shah mean the award after payment of all reasonable costa expanses, and attorneys'bell or Lander in connection with the condemnation.