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17 rACE_tl.f98
~hCi Of p~iciM ~id M0RTCAGEE wll haw tt>e opfion to r_lw and ~Iy "'" un.. un .lCC~t ot tn. iodolbledneu secured Mreby or to
permit ulid MORTCAc.ORS 10 NCtIw and \IN 11 Of eny part tM~ fOt ot..... PU'~ vriithc>ut tNreb) welvina ot impeirint 6lIy equity.
lien ot ,iaht under or by virtue of this ~; .r.d lit tha cwnt uk! MORTGAGORS shall to' ..,y reaJQn t.1I to keep the uld ~emllfl
90 INUred. ot fall to d.U_ promptly ~ of uld pc!iCleI oj l'*if~ to uid MORTCACf.E. or f.1l promptly to I>>Y fullv an~um ther.for,
" I" .ny ~ fall to perform, cltchat... .-cut-, .ffect. ca""""" comply with and altlde by &Is COYONI'lt, Of any J:.rt . ..Id MORT.
CACfE may pIac:e and pey for iUCh ....IIaI"lCC or ~ pert t\wfd without W11lvint or .f:::.::L'ny ClC)tion. Hen. equity. Of r1tht uncW or by
virtue of this rvlort..... and the N1i Il"OUM of eectllM every IUCh ,ayment ~II be tely due and payable and shall beer Intwnt
from the dIIt. thereof until paid at Itllt rate of Ibr and........ per cent Clef ..-.m and ~ with such In...,..t shall be uand by tn'!
lien of this mort..... mne
... To JlHf"lt. CIOI'IWnit or suffwr no ~ II ,.1 "_It or cllterk>r,tton of said property or My pert thefttOf.
5, It II hereby JpeCifically.,,-.ed that any lIUl'n 01 __ wNdt nv.. be loaned Of .clvanced by lhe ~ to the Mort..aor at "",
'Imoll after the r.cordinc of this indennu., ,~ with InMt'elt thtreon at the ra" ~r.-d upon at the time of IUCh loan or .clvM'Ot, shall be
equally ~ with and Nwo tbe ...". ~ III the onawl lndIbtedneM, and be subject to ,II the -- and provisions of thin mc>rt....:
PiovIded. that the lInr... M'I'tOUnt G! ~,~stancIm. at WPf tllne thall not -=-d en.,nount eqwl to one hundred and fifty per cet't
(ISO") of the ~I~pel ~ ~lty;~ hereby.
6, To pay all and .....r ... CloeClL~rsec and ......... lncludlRl a NtMONbIe attorMY's fee and com of abstrKt of title "'"
cun-ed Of paid at arry time by saki MORTGAaEE ~ Of In the..-rt of the failure on the part of the saki ~TGACOR to duly, promptly
and fully perform. ctltchatJ<<', ~, efhct, COI....... c:ompIy w4th .nd abide by 6*:h and ~ the 1tipuIa~ ..rMrMM'l, c:undltlons
Mw:I ~ of uid PfOmistOrY .'\CIte and this ~ lIffI/ or ~er. end said c:oets. c:NtJeI end lIJCIMI"MI. each and every, sh.II ~
inwnedlately due and payablei wfwther Of not ..... be notICII, demand, attempt tQ collet or eult ~; and the full amount of -=h and
wvry IUd! payrnlIf1t shall beer InterMt from the .10 theNof until pekl at the rate of six tnd BtlPths per ~tum per annumi and all said
COIt1. cha..... and ~\WS 10 Inc:urNd or paid. topther with such Interest. shill be eecur<<f WH"l\en of this mortpte.
.,. TNt €a) In the 4Mll'It of ."., bnech of thtt t.4orttaP or cWault "" the part of tt)It MORTGACiOR, or lb) in the event eny of uld
__ of ~ ....-..n referred to be l'lClt ptOmPtIy end fully pekI within thirty (30) days next ,fter the same _rally b<<ome due and..-vab",
wIthcut ~ or notkia, Of (c) In the ev.m aech and ev<<y the t1tlpuMtlor.S, .,...men:.. conditIoN and cownantI of said pn:amI...... noc.
Mw:I thII ~ any or elther a,. not duly, promptly and fuItr ~ ~. exearted, effected. completed compiled wtth &net
abldad by. then In either or any such went, the Mid ........ aim mentioned In ..Id promIaory note thlIn NI'NI1nInt unoeld. with InIereIt
~ M\d all ~ ucuntd haNby. shall beCOI'nedue ..... payebie fotthwith. or thINIftet, .t the option of said MORTGAGEE. .. fully
and COI.lplet.ty .. If .11 of the Mid lIUmI of money were orI&1nef1y ltIpula-a 10 be paid on such ~1 any""'" In saki ptamIIIory note Of In
this-Mortpfe to the ccntrary not w1~nci and theraIpon or thefNft... at the option of saki MORTGAGEE. without notICII or dIrNnd.
suit at law or In 4IqUlty. IMY be ~os.ecuted .. If all monlelll8CUf'ed hereby had :'Mt\.lred prior to Its Institution.
8. Thet In the ~ that It the betlMlnl of or at en)' tlm. pendI", any tuft upon this Mortpse. or to forecloM It. or to reform
itJ or to..force pg~ of Mry clAims ~, said MORTCoACEE shill ,pply to the Court havlna jUf'lsdlc:tlon thereof for the appointment
Of a Recelwr. tudl Court _II forthwith IPPOInt . ReceIwr, of MId mortIIII8d property all and .....ltr, IneW", all and IIntvIar the
inCIDMI. pI'OfIw. ..... II'ld r""'" from whIlteYef ~ dIrtwd ..ch and Mry of vwNch. It belnc ~ urodefllOOd. II hef'Iiby mort-
.-.ad .. If tpeCtlflcatly let fotft\ end delc:rIbed In the """""' ;;i hebendum clauMs hereof, end such ReceIwr shall haw all fhe breed end
effctiw functtons and ~ In erIywlIe ontNlt8d by a Court to a RecelWr, and r.ur::h appointment "II blt md by IIUCh Cot..'tt .. if'
adInItMd equi1y end . ..-. ., abIoIuN rit!ht to said MORTCiACiEl. .nd without r.ference to the edequacy or Inadequacy of the vaM of the
~ mortppd Of to the soMncy or 11'llOl.....q of said MORTCiACiOR or the c:JeNndI,nts. and that iuc:h ,.,ts. profitt, IncomII. .....
and ..."...,..... be appfted by'lUCh ReceIwr ac:conInIlO the u.n af equity of said MORTCiAaE and the prectice of IUCh Court.
? To"'" P'O''''Ptty and tufly perform. dIecherte. ..."..., .ffel. complete comply with and abide by MCh end H<<y the Ittpu.
\atNN. .....__ 'oancItIonI and cownantI In said promIstory note and In thls mort.... ~ forth.
10. ",.. In the ......m the 0Wl~ of the nlOl'tpllld 11*"'.... or any pert thereof. bec;orN$ ~ted In , penon olher then the
MORTCAGOR. the MORTCiAGU. 111 IlICCintO"l and -ana. 1tWY. without notlco to the MORTGAGOR. deal with such IUCCe$I<)f or ItICCilMO'1
In InMrwt w4tt\ 1..,..1Ce to this moftpfe end the debt hereby NCUlCd In the urM manner .. with Morf1aIor without In eny WIlY v1tt.tInC
IN ~"1C the MIO.l, ...... ReblIhy..... or upClIt the debt heriby secured. N;) Hie of the ~ heNby It'oClftIqed and no ror..
bearance on tlW ~rt of "'. MORTGACiEE IV Its ~ or ..... and no exteNlon of the tlnv for the paynwnt of the d.bt hereby MCUNII
..-, by the MORTCiAGEE or Its .. [~I I ~,. or ...... shall OS*Ote to ,..... dlIchetp, modify, ~ Of effct the orIIlMl IWlIllty of
the MORTGACOR ~ ..... In whole ~ In .--".
11. It Is =fIceAy ...... thet time Is of the ..ent.e of thll c:ortmct and that no _I..,., or any obUptIan ........ Of of the
obi... _~_. ._ , ..........,............,.., tMt hetd to be . waf".,- of &he termI htreof or of the ~ IKUNd hei'eby.
IN WITNES$ WHERfOF, the ukf ~ ... hsNunto'" his hMd and ..I the d.y and y.-r Itnt aforesaid.
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and who b.,j,eiAed the _... 1nItntmMt. end adtno-1J~ before me tfwt thsy .-cuted the IMIM for the purpoHI ..,..... .....lId
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My C.,~"uui~n f;;,;(:1 :;", 5, 1960t
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