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Home My WebLink About0689 ~h3i 17 fl\R683 4a4 m.vtW4 ~1rttM. M u.. .....k_....n_~ b1 tbt~.~_t '~ wbe ~ the~.lt. ~,""8d.r ~ta...s.frI'''!~ .. (t) :':l:,..., Ta;i:..~,,-.~... ",',_~""':'"',",',_1DIII.Y.""'''''',,, ta.uI_,,~~ta aDd ~' .. -- ." .... 1rh ,_ -....~ ... ... Pl)l ttaa toM ~,', . ",p&JtI> ......._....=,'~:._,...1IPu.~,...~ 1M We wheIl ~., .._~]III.!' tau&.. .. ..... PMDi-- IIlIal1 De dM. If at., ~ ..~.un .., . "toto fM,' JDDrt'I.. ta ~ the prtllrillolDl of the 110te :.~~ ....--... full ~ of t.be .... .......s;__ _--t....a tM ~._ "'.11 Irl com- ~th:__t:aI......1ht_cndlttotbll'~~all "'-;s.under &:-~'" ~~lI__"",*"__~_'=-"'_"'lbe FecIIra1 SouUac ._ ~~ ,......= tile,... aecaaullated under the ProvWon.I of (b) of Mid ~... If tbar.-.u.. .GII_ : U7 of dae ~ of tbia ~t.l'!' 8UlUna in & publ!c ~ ot1he ~.,... __ ,01' if the = the property otnel" wbe After ckflUlt,,'tM ~ abaU, ...... ~" ae.,' ,of the , of auch proceedinp 01'. at the tlme~ the ia otheIwIIe Mq11~ tat ...-.. := In the tunda accumulated DCler (b) of , 2 ~... tlNdl1i .-- tt. amouat ..,. , pal the pqw.lpinc .-",id mider IaI4 DOtIt ~...,~ whklA!IbID.... IUdI UIItIR (a) ~.-.w ParaInlth- .. That be will pay an taDl.lIi,~l'mMltl, water rateI, ad... pemmelttal atmale1pal ~ ftata, or impoIttloDa. tor whic:h ~ hu.. been =- ~ aDd ia~tMreof themon. ppe ma.Y paJ the ~; and that be will ~ dellvel' tU o6Ul teceipta therefor to the mortcaaee. 6. Tbath.willpermit,ccamit.orau<<tI'1IO~- ~t. or clet<<ioration of laid ~ 01' an)' J)&1't thereof; and in the event 01 the fa1.\ure of tM mort.aaaw to bep the buildiDa on Premiaat and thoee to be erected on eatd premi~ or improvemel1ta tlieraon, in aOOd repair. tllo mortppe may make neb repain .. in ita d1acietlon it IDA)' deem ~ for the prol*' prtHI'VaUoD thenof, aDd the full amount of er.ch and fNfJl'11Ueh ~t Iha11 be~,",M. die-. pq~ aDd Iha11 be tIlCUNd by the lien of thia mortpce. , . " , _ . . e. That he will pay aU and JiDpl&r the COIta. chupI. and fQ6DHI. lne11l4ti~ab1e lawnr'a teee and coats of abatr&eta of title. 1MumJd or paid at &lf1 time bj the morI:pfree of the fallure on the part of the morlPJOl' promPtlY Mid fu11J to ~ the qreementa ind, cc covenantl of aaid prom- taBor1 note and thia mottaaP., aod~ _::"*- ~ ad ...- tha1l be imm,~, .. and DU- able ind abaU be ~ b1 tho 1ieIl of moi'tp&e. _ ", ' ;.' ,,:; ,",' ",' ,-- '1. That he wl1l keep ~e im~vementa now exlatig or hereafter ereetecJ on the mOTtppd property, lDAred as may be requU'ec1 from time to time by the mortpaee aaainat l01I by fire and other haurda, caali~tka, and eontingenclea in 1ucl1 amountll and for aucJ1 PerioCla .. may be required by mort:.pgee, ud Will pay oromJ)tIy, when dllet any prem1UD11 on aueh iDBurance~or ent of which provision baa not been made heNinbefore. All iDaurance Ihall be 'eanied in ' approved by mortcacee aDd the policies and renewala thereof Ihall be held by JIlOl'tcaaM aad :ye JttacMd tbento lou PlJab1e clauaell in fAvor of and in form acceptable to the mortaaaee. In event lola, be wID ~ve biun~ noti~ mail to m~ and mort.sra8ee may make proof of Iou if DOt made promptly bY IDOI'tpaor, and iuurante company eoncer.ned la hereby autb.oriled and dizected to make payment for such . loa directly to 1I\0NQee instead of to mortpaor &nd mortgape jointly, and the lDsOl'&llCe proceeds, or any part thereof, may6e &p\llied by mortpaee at ita option either to the reduction of the indebtedneu hereby eeeured or to the re.torat!on or repAir of the ~ d&magecL In event of forecloeure of thia mortpp or oth4r tnnater of title to the JIlOl'tpced ~' in ~ of tlle indebtedneea eecured heeby, aU riaht, tiUe, aDd lnterwt at the IDO~ m and to ADJ'luurance poiiel. tIIa in force ahall ~ to the purChaiK or paDtee., " ' 8. That the mortgagee me-y,'at anY time pendinr a IUit upon thlI mortlqe, applt'to the court hav- ~uriediction thereof for the appointment of a receiver, and auch court iha1l forthwith appoint a ver of the premiaea covered ~b;r all and .w."~ inc1uciJ.q aU and 6m8lUar' the income, protltl, iaauee, and revenues from Whatev~, deri~ and evel'1 of which, 1t beiu ~ under- atood, ia hereby mortaaed u it set fort!) and deeeribed In the rnmtmr,anGhablndmn claWJe8 hereof and IUch reCeiVer shall :ve aU the broa d and effective fuD~ona ana powen in anywiae en~ by a court to a receiver, and IUch appointment IbaI1 be mMe by IUch courtu an admitted equity and a matter of abaolute ri,ght to laid mortgape, and without refmmee to the adequacy or inad- equacy of the nIne of the property mort~ or to the solvency or inaolveI1CY of said mortpaor or the defendanta, and that laUch renti, profttl, lneome, iaauea, and reveI1u. aball be applied b;r .Udi receiver acco, relinr to the lien of this mortpge md the practice of .uch court. In the event of any default on the part of the mortgagor hereunder the mortga.ror qreee to pay to the mortgagee on demand u a reason- Able monthly rental for the p~ !Ul amount atleut equivalent to one-tWelfth (1h.1I) of the aggrepte of the twelve monthly iData11menta ~le in the then current ;rear pIa the actual amount of the NlJlual tax.thl;U...."'eIl~ water ra., aDd inIuraDce pTemi~ t<< ach )'tal' DOt ccwered by the aloreaid mon paymente. 9. The mortpaor further ecmuwUa that Iho!11d thla mort.pp aud. the r.ote HCured hereby not be eligible for inaurance UDder the National Bouama Act within _ DAVB from the date hereof (written atate.mcmt of any officer (if the Federal HOUIiq AdiiJDIATalion or authoriled apnt of the Federal Houaiq <nnmfuiOl\er dated aubaeQ.umt to the . M ftR9 time from the date of thiI mortpae, deelini-nr to iDaun Aid note aDd t.hia mortpp, bilDaoeemect conc1uaive proof of IUch i.n- eliriDUfty) , the m~ or the holder of toM note mq, ~ ita option, declare all nma MCU1'Od hereby' Jmmediately due and pqab16.'. . 10. n.at (G) in the event of any brueh of au. mOlt(r;a.re or default on the J)art of the m~rtpgorf or i(&) in the event that U17 of aald rltnna of m0116')' herein referred to be not promptly and fully piicf With- out demand or notiee. or (0) in the llYfeni that each and f!'Ierr the 8tipulQtiona. aaroements, Conditions, and covenant. of aaid note and thia Inorql'are, are not duly, promptly, and fully perfonned; then in either or any IUch Gvent, the uid 8-"regt'l~ aurn n:umtioned in wI'! note then remaining unpaid, with Intereat accrued to that time, and all moneye lIeC'J1'OO her0by, &hall becom~ due and payable forlhwith, or thereafter, at the option of uid mc~ u fully and ~'Pletely &II if an of the aald awna of money were orUrinallY atipulated tG be paid vn 8uch day, fc.nytninc in Wd n{,te or in thi& mO~"lCaa.--e to the CO:ltrary notwithalandiilr; &nd thereupon or thareafter at the option of u.id mortpa'ee. without notice or demand, nit at law or f..n equity, may be proooeuted as if all mvDeYf5 Il<<ured haNDy had matured pri6r to ita insti- tution. 'n1e mvrtpaM ma,v forecl~ th.iI mortgage; u to the amotmt ao dech~red due and DUable. and the aald ~temilel shaD be BOld to .atiJfy and paf the u.me togethEtt' with c:osU. ~, and allowancee. In cue Of partial forecloGure of t.hia mortpp, the mt"l't'..pl'ed premiseI Jha11 be eold wbjeet to the COD- tlnuiq lieD of tWa mortpp for the amount-of the dobt ~ then due and unpaid. In auch eaM the ,pro- UioDa of thia ~ m&7 ... be avalW ct ta~ from f.ime, to time by the mona-..... 11. That the m~ will livo immediate notlct,.b1 mtJ1 to fhj mort.Jaiee of aD1 c:onv~ , tnDafer, or chaup of o1nierah1p of the pnm''', .."'... ~ 'nW 110 waiwr of &D1 eoveunt heNbl 01' of tM oblipt!oIa' MCVnd hereby Ib.a1l at &DJ' time thereafter be MId to be a wa\v. ", the terma benof 01' of tM note MCUed Mrcb,. II ... , , I ! \, " t l