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HomeMy WebLinkAbout0053 3. To pieta and can*inva'*vrty kaata an tf» bvlidlev$s noes oe hxareaf~trv a!'rc,~ari an uid ter+d anti on a.? ~~.rpnroarrt and pertos>atiy erxvere0 by :hi6 moreg age. with eti pramlv+~r•s ttrxr~on paid in full, 4ire 6nn;rrrnaa .e•. tree wu+! srrndarq palk/ fwn., to a aJ+r~ app+•e~ve[i by ?fw A5C5,~1GAtiFE, and wir,els}.srm ina4=t arses in rtes uavsi t'a:sdard pal n;•y fwm, yaa a sewn appravn-d by tfte ,NOitTGACiEC, trv such c~rnparry or cwnpaniw as rtes .hti; RTCiACiEti rosy detect; and a!! fke a„d w:»datorn• }r+sarreroce poltchrs on arr-' of said buiWirsys. tens lnterast therein or part efareof, in tlse aggra•gar-.r wn; aio:aariri ur i-ro excess thsreei, Thal: rontain tt+a uses! standard r~FrtyTagr® dews or such ether clauw ea tM Mvr tgag-e may require, :t*aiinq tfss toes under said p:~ii- cses, asth and ovary, itags4!a to -sid MURTCACxf>t as its If.Pp/tfts may appwar, and arch and awry such policy shell ba prat:rFrtiy assigned •rrd dalivvrrtr! to any ha tr] by said MCyR'fGAGEE as furtt,er seevrity to u!d rr.ortyaga doer, and, oar lass riven tan i1 i1) days Fn adverxe of ttsa expiranan of etch aolicY. to r3e- ivvr ro sold MORTGAGEE a renewrl thereof, toyathar wfNt S reoalpt f-_vr rtes pramivm of such rerwvral; stud tMn• aiu!i t» no firs ar wirnferornrs ireaursn<s plscad err any of grid ltvi!dirvgs, sny ;n+ersst therein a pan tltereaf, ,viiaaa In rtes form arx! with tfva iota psyrbia h aforeuWt anti In the avant any avm of nroney becomes paVab'.s vrxjer s~~th policy or palicie• said MawSftTGAGgf shall haw the option trt rsceiva seed apply the aatr.a c~ sccilur+t of tiros i-ulebte& r=est setv'~ed tee*ebv ar M permit raid rtAC7RTGAGCYRS tq recelvtr and use it or any par! ttvarwar for o?}roar pvrpasaa. without thareb wsiv+,sg ar r+~pa;r- Ing my byu+ty, liar, or eight vnda+ ar by vin;» oY tfiie r»art;yrge; acrd in ties event said Mt3RTGAGORa nhali fcr sny rwaon fat! ro keep the said pr:rniaas w inwred, er fatl W dalivsr pro^rptfy any o! said policies of inrurante to said MCJRTGAGa:E, M ~aii promptly tp oay felt's ar,y pramigsrro iharofar it In sny rraf-.wrs fail to taerform, discharge, e><scuta, effect, complete. comply with a,td abide by 'his ~`avenant, or any Wan iroeravf, said MORTGAGEE may pitta and pay for wch inauranca or any put tt+:vaK1f wifhovt waivtreq or affset;ng any o}sticvr, lien, eaviry+, or ; fight vnde+ rx by virtvc of thin Metatgage, •rxJ t!sa lull er:ovnt a} saris acrd every such ; aYment afvaii be immsdiaroiy dc:s end payable rod shall Nes; Interest from tM data thereof until ivaid at the rata of Wins e'er tanhim pfr annum and togettaer with ruck lr+tHest iha!i bt aaured by ifia lion of thF3 n+ortgags• ~. 7o ypmlt, carnrt.it c+ ouffer tw wasro, Ltspairrssem ar detsrbrailen of -sid property tar a;ty pert thsrtrof. 5. To pay ail and singular tM torts, chargsrr and axpav?aea, incl;tdksg a reasonebie ettOrrwy's foe and costs of attstraets of title, frxurred ar paid •t any time by said MORTGAGEE, baceuae cx in the event of t)se fallura on the pare of tf:. said MCtftTGAGOR b duly. promptly end fv:ty perform, dischaggq excreta, effect, corssplete, campfy w4rfs artd sbide by each a:,d every the atipuiariana, ryrrrrtsents, conditions, and tovenenh of teid pronsiswry note eruf Chia mar=gees any or slrhor, er*d said coats, charges artd ax;>anaet, oech and aY,esy, that( ~be imnxdiately due end peryable; wiather ar not thara he rwricv dR manri, anampt fo coiietY 01 suit pend:ty; stet; th3 full amount of each arx9 every ec.ch payment altaii beer interest frrm rtes date tfraret>f vnHi paid at the tees of ni»a scar cenrvm per annum; and aft said casts, charges end expanse incurred a WW, togettser witft such interest, -haii ba sarursd by the lien of this mortQa¢s. 6. That (aj in the event of any breach of :hls ldiortgage or default tan the part of the MORTGAGOR, a (b) in the event sny of uld sums of rtrintrt harsin reterred to bs not pra^rptiy and lulls paid within thirty (~) days next after ties uma saverslly become due and payab;s, without Oernend or notice, w (c) in rtes anent eech and every the ttipuiat%cma, agrsrarttents, conditttu» seed cavtner.» of wid prOmiscory Warr and this mortgage any or tither are not duly, promptly and fully performed, discharged, •xscutsd, affected, cornpFetad, cempiied with enc.' al:ided by, than in sithar Or any such event the said a~ grtgatn sum mentioned in said promisaary rests than rerncining unpaid, with intereN accrued, end alt rmneys secured hereby, steal! become des and pap able fwihwith, or thereafter, at the opHun of said MORTGAGEE, as fully and complrrtely as if al{ of the ssid sums cf money ware originally stipu!ata.~ to be gold on such day, an y'.hing in said prrrniasary note o+ in thh Martgsge trs the ttmtrary ttofwfthstending; end t!tarxrpon a rhsnaftsr •t the option of ssid MORTGAGEE, without notice or tiemend, wit at ls~« u !n equiry, tharefO+e tx thereafter begun, may be praracvted as it all moneys secured hereby teed matured prior to its Institution. 7. That in the event ifial at the beginning of or at sny Tima pendirg any -uit upon this Mortgage, w is faraclose it, or to reform it, ar to enforce paymtnt of any claims herauv,~er, said MORTGAGEE steal! aptly 10 the G~urt having jurisdiction thereof far the appointment of a Receiver, wch Court shoo torrhw;th appoint a :eceivcr of said mortgaged property eii and t!ngutar, intiuding all and ainguier the incomx, p:oft±t, !slues end ravenuet from whatever ravels derived, Tech and ever{ of wh!ch, it being ex,presaly cndarttaa,-!, is hereby mortgaged as if apeuiitaily sat forth and deacri(xd in the granting end hrE-,endu-n c!a~sts htrrof, seed wch tie<eiver shell hove all tea broad and affective functions and power in anyv~ire entrusted by a ~o..~n to s Receirer, and such appain=rnent sh.aii be made by wch Court es an edmh?ed equity end a matter of absolute right Fo said MORTGAGEE, and without reference to rtes sdeauacy or inadequacy of the value of the property marrgeged cr to the salvtrncy Or insolvency or said AiORTGAGUR or the defendants, and rhet such tones, profits, intartte, ittuar and• revenr+Ea shell be applied by suth Receiver according to the lien ar equity Ot said MORTGAGEE and the practice of such Court. 8. To duly, pramprly and fully perform, discharge. cxacute, effect, complete, comply with err{ abide by arch and ovary rtes atipufatiois, agreements, condition> and cavencr,ts in said promissory rate tad this martgrge set forth. 9. That in the event the ownership of tht mortgaged premises, ar arty part thereof, btcornts vaated in a pery~n other than rtes MORTGAGOR, rtes MORTGAGEE, its suceessws and ass~gn-: may, without Worse •o the MJR'iGAOP., deal with such au=ressor or wtcerser in interrat with reference to thls morsgag- and rtes dtbt FercL+y sFru~ed in Yhr, same manner as with Mcrtgsgor witleevt i~, any way vitistirtg or datherging the Martr~egort' iiabi~ity h,re• vni;er or epee the debt hereby secured. No sale aF the premises hereby mortgaged end no 4aroearonce on the pe~* of the MORTGAGEE or its successors ar assigns and r+o extension of the time for the payrtte»t of rtes deb! hereby secured given by iho MORTGAGEE ar its tuccetsoraor assigns, steal! operate to re;raae, discharge, rnodify change or effect the original liability of the MORTGAGOR Fierain, either in whale or m part. 10. it is apet:fically agreed Char lima is of the assents of this ctx,trect and that rso waiver of any eblige'ian herrwnder or of the obligation te- curesf hereuv shall at sny time thereafter be hela~to be a waiver of the terms hersGf or of the instrument secured htrby. fir; Y.I?NESS WNEREOf, tht sa-~d MORTGAGOR has hereunto sat his hand and tool the day end year firs? aforesaid. igrsed, Sts- ~ 'eared in the presence of: ~-~ b QL1~2/ (Sea!) ~l ~ J~1 ._ -. --- --- - -- -_ _'+~-- _ (Seel) STATE OF FLUklt7A g ~ tt t Lu c i ~ .___ ~ ~s. 6afoce me pertOne?iy apf-*earad ____ ____._..- ;7~ ~ 1 J~ rr iR ~ t~ E'+:' - ---------_ ,and _-_..._..__.-_ ___.__-.----~------~--_.----_-----_______,~___.. pis vvifs, to n:o well krovvn arc known tc ma tc ba the individuals dasvibrd in are whc axaevtad +hr foreaabng instrument; artd eckncwiwdgsd bmfars ma tt±at tEtey azacvtea3 tiro urrst for rtes purposes therm''+n aa:pressed. rLnd the ssid_.__-------•---_----- _ '.C~ ~_'~ ~'1 1~ ,`* u ~T7~ - _ __--..-- Y_t0_L ~V r°iF3~I1f3t' wife of rtes said --.----------- --- _----_-._-_.._.~...-.____-,.__.,~. .______._..__-., upon, a asgsarata end priests axaminsticas Fey ma taken separate env apaiY from her said husband, etkrrorvrla~dged ro Nrtd before rrq that she execvteca said ;ustrurt'.ent freely arras m0!un- tarily ertzr witftrvr any cnar+mpu!;,ian, constraint, appr<hmtts:On, ter feet of or frOrr, tear said tvvsbarad. 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