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Home My WebLink About2054 ,)UllCy o. p~IiCies said MORTGAGEE shill hi..... the option t>> receive .nd appl)' loe WIIW ,'n ;cc :-unl ot lhe Indebledne\\ S~U',ed hereby or, to pernut wId MORTGAGORS t>> receive .net uw It or any pArt thereof for >>ther pu.p.lSfi wilhout t~reby w.,v,na or .tnpalllna any eqUity. lien or riahl under or by virtue of th11 Mort....; ~ in the _t Mid MORTGAGORS shill for any r..son f.iI to keep the said premises so Insured. or f.il to deliver promptly any of Mid policies >>f Insurance t~ s.-:id MORTGAGEE. or fail ptomptly 10 pAy fully any premium therefor. or in any r~ f.illO perform. dischar... execute. effect. complete. compl~ wilh ."Ct abide by thil c_t. or any ~rt hereof, Mid MORT, GAGEE nYy place and pay for such ~'Me or any ~ thereof whhout w.ivina or .ffectln. 4fty option. lien. equity. or rllht under or by virtue of this MortP", .nd the full amount of MCh and -rv such payment sNII be immedi.tely due and pe~bIe .net shill bear Interest from the date thereof until paid at the r.te of six and lix,tent" per cent per annum .nd toeether with such interest shill be secured by tN lien of this mortp.., 4, 1'0 permit. eornmlt or suffer no wate. I",,*rment or deteriorltion of uid property or .ny pert thereof. 5, It is hereby specifiully lareed that any sum or sums which may be loaned or advlnc"d by the Morta.,ee to the Mort,'aor .t an1 tjme .her the recordina of this indenture. toaether with Interest thereon It the rite alreed upon at ,he time of such loan or advlnce. shill be equally secured with and have lhe s.eme priority .s the orl,lnal Indebtedneu. .nd be subject 10 .11 the terms .net provisions of this mortlaae: Provided. that the ,",.,.te .mount of princi~1 outstandln. .t .ny time shill not exceed an .mount equal to one hundred .r.d fifty per cet'\t ~150CJEt) of the princl~1 amount orl,lnally secured hereby. 6, To pay .iI anc: sincular the co.ts. char._ .net expenIft. includinc . reuonable .ttorney's fee and co.ts of abstract of tit" in- curred or ~id .t any time by Mid MORTGAGEE ~ or In the event of the failure on the pArt of the Mid MORTGAGOR to duly, promptly and fully perform. dlschar... execute. effect, complete. comply with .nd .bide by MCh and every the stipulations. .._ts. conditions and covenanti of Mid promissory note and thil nv.wtpte any or either. .nd Mid co.ts. chars- and ~ NCh and every. shIll be immediately due and ~y~..; whether or not there be notice. demand. attempt to collect or suit pendlna; .net the full amount of each and ewry sue. payment shill bear Interest from the de.. thereof ",tll peid .t the r.te of six and six.tenths per centum per annum; "nd .11 Mid costs. char.es and expenses so incurred or ~Id. totether with such Interest. shall be secured by the 1Ier. of thll mortP.... 7, That (.) In the event of any breach of this Mort.... or default on the ~rt of the MORTGAGOR. or (b) in the event .ny of Mid SUI'I\5 0' money herein referred to be not promptly and fully peid within thirty (30) ~yS next .fter the Mme sever.lly become due .nd pay.ble, without demand or notice. or (cl In the event each .nd every the stipulations. .r.eements. conditions and ~nts of Mid promissory note and this mortPie any or elthttr .re not duly. promptly .nd fully performed. dlscharled. executed. effected. completed compiled with and abided by. then In either or Iny such event. the said .......... sum mentioned In Mid promissory note then remalnln. unpaid, with Interest accrued. and .11 moneys secured hereby, shall become due and payable forthwith. or thereafter, .t the option of Mid MQRTGAGfE. II fully and completely II If .11 of the Mid sums of money __ orIllnally stipulated to be JNlid on such day, anythlna In Mid promlnory note or in this Mortp,. 10 the contrary not wlthst.ndln.: .nd thereupon or theroaher It the option of Mid MORTGAGEE. without notice or demand. suit .t law or In equity. may be prosecuted .s If .11 monies secured hereby had matured prior to its Institution. 8. That In the event that .t the beelnnln, of or at any time pendi", any suit upon this Mort..... or to foreclose It, or to reform it. or to enforce payment of any cI.ims hereunder, Mid MORTGAGEE shall .pply to the Court havin, jlJrisdlctlon thereof for the .ppoIntment of . Receiver. such Court shill forthwith .ppoint . ReceI....... of Mid martPled property .11 .nd linaular. Includina .11 .nd s1naul.r the income. profits. issues .nd revenues from whatever source derived. each and .....ry of which. it bel", expressly undel'ltood. II hereby mort, Ilged .s If spectifiClll1y set forth .nd described in the .rantln. and habendum clauses hereof. .nd such ~ver shill have .11 the bn>>d .nd effective functions .nd powers In .nywise entNSted by . Court to . Receiver, .nd such .ppointment shill be made by such Court II ... di\ltted equity .net. matter of .bsolute rlaht 10 Mid MORTGACEE, .nd without reference to the adequacy or Inadequacy of the v.1ue of the property mortC'led or to the solvency or Insolvency of Mid MORTGAGOR or the defendants. and that such rents. profits. incomes. 1- .nd revenues shill be applied by such Receiver accordinl to the lien or equity of Mid MORTGACEE and the practice of such Court. 9. To duly. promptly .nd fully perform. dischar.e. execute. effect. comp"te comply with .nd .bide by each .nd every me ltipu- I.tions. "reements. conditions .nd ~nts In said promissory note .nd in this mort,. Ie set forth. 10. That in the event the ownership of the mortta.ed premises. or .ny ~rt thereof. becomes vested In . person othH than the MORTCAGOR. the MORT~GEE. Its successors and .ssl,",. nYy. without notice to the MORTGAGOR. deal with such successor or SUCCIlSSOfl in Intarest with reference to thil mortl'" .nd the debt hereby secured in the Mme manner II with Mort..p without In any wrt vltiatlnc or d1scha,.in, the Mortptor'l liability hereunder or upon the debt hereby secured, No.... of the premis!Ol hereby mort..eed and no tor. bearance on the part 01 the MORTGAGEE cw Its successors or .IIIIN and no extension of the time for the pAyment of the debt hereby secured liven by the MORTGAGEE or Its successors or assl,",. shall operate to release. dlscha,.e, modify. chan,. or effect the orI.inal liability of the MORTGAGOR herein. either In whole or In pert. 11. It II specifically .,reed that time II of the essence of thil contract and.that no wal...... or .ny obUption her~ or of the obliptkln secured ....reby shall .t any time ther..fter be heid to be . w.i...... of ff\e terrrll ....reof or of tn. inltrurnent MCUred hereby. ~ WITNESS WHEREOF, the Mid MORTGAGOR ... hereunto set hil hand and _I the day and year flnt .foresaid. f- ~~..... ~ -... ~~A~ ~ ib~i 15 PACE 604' as to Johanna H, .. "'-7 ...c ~'-~2~ . ~~....~,#~ ,{. ;i/t'..?'/.I"~-:!4.,~~~4tot~.hW M, STATE OF F~""" T} COUNT'!\Of1~,&.."~ ss. ' ,,\ -",:, '.1 i:.1 :" .:;o"\,~.~'~11y ~red .. _________ Jobanna.HLDonnel1Y,~ .unmarried . ..~ .... ~ .. .. ,,~ , ~~'.~~'~~--~t~:~--~~'= =~I;:n~~M~ meforto..': =i::::t,,~";'~.I; -: : ~ ~ : . ....'.4 :L.= ~ 6 : ,~.~ ~ 11f'f '....."fand official ..I tHs.._,~.'__.~._, n' /My of ._ ...'.nJulJ--n--..'..' ,..--. ... ..--.,--, A. D...ll'. 1. ':,.'~;'. Un, ,\:I.:, ~. ' ~ ~ ~:;n z: ...... -..'.. ..., - . '" ~ ~. ,.,... ...,., "':"f'~:"::;':='"<''' __n ~~b'~~-Oi~-;t~~~' .".. f.,... "_," " ..,.. _:X::O rJ \,: ...ltl.... . . . ,." c= t::' . ... " ',' , 1'~ ,Cl:-.... ....~ -.=-. f( H -r ~ I ~~'"" c, ;..;:;.... ,;",,y ,o:.~, ~o.t ~ =: J, i/3 i-, STATBOFJ>>tifA~ff.~'\IJD ~~ ~ L ~ ~, Pf{tj V ,.J)~.., C'. ~ r-. - :::=0 COUNTY OF MI98~~ilX' -:S ~ S ~ C) ~ unmarried... ~ ;;:;~ --J ~ ~ Before me personally appeared LEO M. DONNBLL Y ,/ to me well known, and known to me to be the indicidual described in and who executed the foregoing instrument. add acknowledged before me that be executed the same for the purposes therein expressed. wlTN~:~i'~~;~ ~t~~~.:J. j ~ay of ~. A. D.. 1961. .~ ,"),..;. ~ '.,'."... -... .I.,~'J...:.:.)'_~'...~ ,... \ ~ E ,/, /J /A "/. ~'/ ~:, ~ \ ~:; (.j.....,<~. f ,,:,~,.........\ //J,p:2t. _.#/;2- u~ /11 ~ J.-!d '''Y 1._ :. :;; rL~:~~" 1 w f :: f 5': . ,_;. ,; ~ ~;. ! Notary PubllC in and forthe State o'f " "'. 0' 51 ;~ = ~,)~,)" ,.' :'rl, hi! II:. lid RI1Dor;::r'.5l-'tA/l> ~ . ... .' . .. " f.J' ,.) '.' r' . II! I ~ .1 ~ _....., ,:--. ,'"., ,":..,., ,. .., ~~. "':-{ 7' , ..:..,:,; /f"-:./l .. My Commission Bxpir_: . t4.--~ t1 / , .rv' '....,... ~." \ 'J" ','... t, ' . . - F' / ", , I · -' ..' . ""'-..' I ...... I ',... l(la' ..'. \'" ;.........t.'..". ',.. ' .' -'.. "f4llo~~. I" '/. ~'. Ie 'l4.lI.1 'f. '11",0' '''-,' .. .:... e.e. . ..... \ . I' V '. '. . ;-e................".~:.. V ... ~.... DonnellhJ.. _', ' 1/ YJ. i. ", qJ.~ Donn;;;;(1(SEAU ,....,J.~d;~,nt..l!!y (SEA" iZ.M. Donnelly .. 1 I .f