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HomeMy WebLinkAbout0263 .' a. R 9[:J~ 18 M258 or ; L i <,r r~'UNn, ru. tog~tl1e1" wit.h all buildings, lSt.ru<:tUres and other improvemenu now or bereaft~r located tMreon, and all and liingular the tenements, heredita~nt5, apr.ut"tenAocee and privileps, n09:' .')1" b<<eafter be1Oi~ina or in anywiae appertaimn& to !laid property, OJ' ~ny part thc;eo , and all the estate. rigl:t, title and intel'at~ indudnl(l: all bomestud an-;;l dowlt( right:ll oC t~e MOtt~or m and to NkI property, ar any part the1'ClOf, and tht; ';Cnm. ~ and profits thereof whlch a~ hereby l!lJ~dically U81g ned , tranalerred and aet over to th~ Mortgagee as addltlOna.1leCunty for the ~psyme)jt of the IlIdebted. ne1l8 hereinafter described; and t(!l'ether aleo witll aI! w-ater and water rif:hta, all wen.. windmill., pipes, pipeline!l. water IJtorat(e tJiU,ka and to~. and all other water developments, ~orage at conaen-ation f.cilitiet and ttryctu~,all p~mpa and pumping planta., ",II !Ooton. engin~ tllrbi,*. genera-ton, tranalormen and other inlltallationa, devlce& and facilitIeS of every kind and dacription 10C' the operation of Mid pUMp4I and pumping plant., and all other machinery and t'Quip- ment, now or hereafter loa.ted OI';.:sred on. in or about said ~perey, forOI' in connection with the control of water thereon, or for the irrigation and/or drainage thereof. or for fumilhing lIaid ~rty with water for domestic use or rot' Itodt. TO HAVE Al"<I'D TO HOLD tM aame unto the Morlgape, iu ~ a.nd uelg:18. forevt:r, in fee Bimple. The Mortgagor hereby covenants wit.h ttu.: Mortgag\l!le that he it! !awfully IIeixcd of Aid property in fee simpk; that he hu full power and lawful right to convey th~!MlIDC a& aforesaid; that it 1Iha11 be lawful for the Mortgagee at all times pe<lce3bly and quioetly to enter upon. hold. occupy and enjoy _id property; that Mid property is free from aU HeM and ~ocumbran~; that he wiB make 8U('.h further MIlurances to petfect the fee simple title to said property as may l"mlliOnably ~ required by the Mortgag~; and that he does hereby fully warrant the title to' said property and will defend the aame againllt the claim. of all per1IOIlS ....homll(lCN'tel'. The Mortgagor beftby further aIIigna to the Mort:p~ aJl of the tents, l'Oyaitiea. OOnuatlS and benefitJI under any metinle and/or future oil, gas or mineral lease of any of the property hereby mortgaged. as additional 3eCUrity for tM payment of the indebtedneet hereby eecured. The MortraI'Ol" shall have the right to coikct and n:tain luch renb. royal. ties, bonu81e5 and benefibl until delault hereunder or under the note hereby lfJCured. In the event of any luch default. the Mortgagee is hereby granted the Ul\(.'Vm.1iilOi..J f~t and power, at ita option. at any time while luch default remains outstanding, to demand. recei~ arod collect wrn renta, royalties. bon\PeS ., nd ber.-efita and apply same towards pay- ment ot the indebtedncM hereby lIeCured. The Mortgagee ahall not be bound. hereby to demand, receive or collect any of such rente, royaltiea, bonu.. or httne6ts. and .baU not M ~le {or failure to exercilMl the ri&hu hereby gr-.Ulted, and failure to cxerdee euch rights after the happening of a default ahall not be rooatrued aa a waiver of such ngbte in the event of a subee'quellt default. Thi. mort&age ia on the -:ondition that if th~ MortgaglX' abaU pay to the Mor'ti&pe the iDdebtedne118 evidenced by that certain promiMory llOte cJ even date heteW'ith in the principal tutti of..TJiIRfX...'nlOUSAKD...and........,....,...,... " ,'., NO/100 ".' ,...., , ,...... ,..........".......,'~.,,"',.,......~.., ........................ ,......w,...... ...... ,............_.._ ........_.,.-..,_.. ,-..-...-...-.." Dollan ($, ...3Q.~OQO~.oQ......), p......aring intereat all therein provided. made by the Mortgagor ~1l\J ...................... - .,......... .... ................,.......... ................ ..."....................,.......................................,.......................,..............,........., ,...."....,..'...,..,.......... aild payable to the Mort:p&ee at its Home Office in Hartfoni, Connecticut, in lawful mOMY of the United States, in inetalments, the lut of wbkb ehall be due and payable on..............J.u.ly....l..................................,... 19...1.6. and &hall keep and perform all of the ro~n3, agreementa. conditions and atipulations contain.ed hemn and in said notet then the estate hereby gf2nted lhall tenninate ana thiz mortga&'e mall be void. The Mortgagor hereby coverutnu and agreee with '~ M~ as fonawa: 1. To pay the principal and intenst and aU other lurn. payable by v,rtue of eaid promiuory note and of this mort- gage promptly aa th", same ahall become due. 2. To pay. be(~ the IIame become delinquent, aU t.u:>ea, aJlllM:!Jm'nenttl and other cbarg8, general or special, ~l~dy levied or ~ or that may h~fter be :!evied or ~ upon or &.pinet the p~rty hereby mortpleO. or any part thereGf. and immediately upon request to furnish the Mortgagee the officLal receipts showing pay- ment thereof. 3. To pay aUlieM which might by ~tion of law or otherwu.e be oc become auperior to th~ lien of this mortgage; to keep said property in g(Jrt)l] conaition and repair and not to do or permit ..ute thereon, ~ 00 01' wifeI' anything to be dom: whim would depreciate or impair the vaJ'iM thereof and not to l1lmove, demolish or m~ke any .ub. :nanciai alterations to any of th.e buikiinp or otnu improvements without the written COMent of the Mortgagee. 4_ To cultiva.te, CertiliL1!l, ..pray, clu_t and prune all citru8 tr>eetl located or. the mortgaged property in a good and husbandlike manner for and during thee tam of this mortgage. and ill the event that the Mortgagor shall faB to care properly for said gro~ as herein rt.>quired, then the Mortgagee may, at its option. declare the entire in. debtedneM aecured by thi. mortgage due and payable, and lImy. at itfl option. foredoee thi. m01"tgage ..00 uk for and obtain a roceive1' to m!lnage aid grove during the tim~ that aid foreclosure i. pending, 5. To keep the buildir,.. and other. improvemente nowoe hereaft~r located on said property ronlltantly insured apina; loas or d.a.ma~ by lire, w~ndlltorm and such other hazard or hazards :llJ may reaaonabiy be required by the MoMgag~ at any time while the indebtednesll hereby lleCUteO remains unpaid. in an amount, in form and in a company or companies satisfa.ctory to the Mortgagee, and to depoait tile policies of 5UC.'1 im,urance and re- uelllal'l thCROf wit.h the Mm."ti3pe, witp a.U preroiunUi theretm- pllid and with m~gee claute satisbctory to th(' Mortgape atw.ch-ad thereto. Any amooADt reoeiwd by the Mortgqee under .any such policy may, at tht! option of the Mortgagee, (a) be applied toward ~yment of a~y sum h.ereby secured u the Mo~vee shall dlO'- t(<..retl!l~. (}C (b) be ulled toward the <..'OSt of rebuildllli" or .epal.t'lng the d~yed 01' dama.ged bUI!dm.gs or other iml--"\TOvcmenm 00 the mortgaged property, upon completion of eiJch rebuildiAg or repair to the eatiNaction of the M4)rt~"'@;g~;e, or (e) t~ pcJd to, tile Mortgagor. !ot~<<'$t li.h~n ryDt he all~ ?U any in$llmu~ce pr.,~s hei~ by the MOl'tg";igee plIDdH1i\\ completion of r&Orlatfu'Ctwn Ot rep1!-lf ~ said l:1ul!ding~ ~)f ()tn~r Improvementil.::H!ch pGild~ of il15>.i.ran~ and aU ~f1ewa.ls theftOo! s.re hereby ,Hftigned to the Mor-~ as addit10rwJ aecurity br t.he payment of the in-d~}~tedn~ nu;eby, 1IeC",:'t.d and th-t MQr~' hereby s.greeli, thli.~ ar.vvaluet\ a,vailable there- under up>-")fE cance!latlOtl or wrm.mat'lOD of any of s.uch r~.cwe or ~N" wtM:tber in ~ ~onn ot return of pre' miums ()~ ottl'!'rwu.e. &hail be paY8bkl to th<e MortgaW* 11ft a~oeetb~f. 6. In the event that the MortKIiiOC shan faH to pay any taxes, ~u, iniiUr.u~ce pren.iuma. lkns or charges (I any ch;aracter, g-cnerai Ol' lip<<-;al, which the- Mortgagor i. required h~undf:.f to pay, the Mortgag~ 1".1;;')', at ibl optlOl.'-'. m~kepay:m~t .~l\nd t~y &>>0 f'!!4Mii1.tllwt ~ P!'Operty, (tf any part thereof, {rom tu w.let.. 'Io'lthoot lion}' ~twn to ~,wre mto"~ty of .neh tun., ~Utor tax u.tcs, the receipt'll of 'the prt~ offtcera tG ~ concllaiYe e'\-idM(e c! the vaadit:y and a.mount thereol. Shmdd the MortpgCt' filii to keep the: prc~y in good ~ tW to ~.~ebunomp and QtMf impr~t. iMu~. lUI hemn ~ i ~ . Pap ..t... "'.f f':r': ~.~ - .s' .) ~ ~-~fil .1l!!l_..._"""_........\lII-~'~ '_.""_...._...."~....... ...'!'l-;T = 7'~'. .t~!. .'":' ';:;;:c ..;. < H'= ".. ~: