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HomeMy WebLinkAbout0137 3. To tfisca aatd cArHL•tu+ttrei3' aeai+ an tM tc,i6d4ns-+r erOw av fg~.aaft?t sNUa» ar+ -s;d land aced o+• ail wfustamet+! and prrsensirj eaarorard by this n,r;•ty. aqa: whir alt pnsrst~utaa eMrecrn tseld its ful'„ firr insurance '.+! lire uws! standard pocky ~r~; in s sum .sppravsd by thr ptORTGA:iEE, and wirra-iato=Y+ inwrens's to nc~• uawi alrsradrxd galley fctrrn, in a ra,m aEyart+MCd by ltw ,fthCIQTG,ACdlk, !n such acmpar+y or ccmpsnies as Nte MCSRTt;nGEE rst•y etire2l, and eH fG'e and w.bsr~}arm frteatrarec,a oalRtei an tray d sold buikfeetQa, any intsreet tfterein er port ttsereaf, in the eq{tregate W/ee aforassid e+r Ln rxcesc tiwNgf. shall e4astsin tfse swuei stertdard rrort'pagea dstlae or rucA otitttt clears ea '+ise R4Wtr~apee rosy reyc;srr, maF~ tiwt rasa undt~- said t,,aiH else, ea2tr and west. iNyttk,ie ro said frlgftTAACiEE ss Inc InNrRdt raw/ apgear, acrd Ncft acrd artery such paiky ahsli !>:s p«~xrtptiy a.ci9rvd and de;irereti to array herd i-y said 7MnOlETQtas:3E! k fva'Mer aecwity -o rak4 rye tfedrt, and, not lase clean iw+ tlb) days in adwnn of rise expiratiars of each poik.Y, to de- 91wr to salE Ml7lTTtr!-GEf a renewal theraal^, 4oyethes vvfth a rsrssips for Nta prsmiwtis of st+C1+ renewal; wtd t#tere shall bo rra lira >. windsrwrts tnaurance placed ors any of raid 6vi a^Y ir,te-tas 4lwrrwin or part N+aeeof, trrtfeatr in ttw forn+ acrd with tl+e loss asys~bla as afw,~weaid; end i.5 ttso event sny sum of nwney becormm~r p.yabie u,tdror strtt+ p~rsiicy or pcticha Nd AApNtt}Ai3EE siaii have the opiia+ ro nrceive sr+ci apply the sesne ar- acrauni of tfts indeb+ta4 cores secured heteb'y 't frf perrstet Nid MfNtTG.Lt.OR~ to PVKehta! aced tree tt tx rsty part ttsereo4 For ottFar aurpoasa, witFria•t ti>are.bv_ waivirsq or =mpair. Irtq ~ ,tgviiy, iirn a,' rfgftt ~,rrtcfer rdr by rirtw of sfies mortgage; and M t'he evttnt raid MCSRTCiA11GC?fES yftei! for sny ttwaor, fs-ii to keep tM rek! pramteN co insured. w fail to deffvea pvara tnptiy any of said p6iitiea of inyursot[a tro said h1CYRTGAGEbw, ar #aii crrtsmptiy to pay fully sny prsmtvm therefor m in any respect 4si! ro peafam, distftcrge, execute. s#fiwct, cartsplete, ccxsopiy with rrtd scbiaia by chit oovonans, a any pars fierwaf, astd MORTGAGEE may p;a~.a ar•d pay for such itteruartce w any pan therrof wi+lr3r,t wsivi+v2 ar affedtryQ any t*aton, liars, aqu ty, or rigfet antler tx by virtue of chi: hle+tgsge, end ttw lull srt,0un* of aeeft arxi avwy s+,cft peyttsa'st rkaif I;re emarsedis»ly due acrd payable and sivll bear interear from the ds» rAer+aaf vnttl pain at the rcte of nine pe+ centsa•m per srwtrxrt acrd toysther with scuff inrvrest shah br srvred by tit (lw+ c+f th» tnar+'gays• t. To permN, oommlt or wffer na waste, 6rtttfsainrtetst ar detserbratiott of wki p+apsxty tar any part tftertsaf. S. Tat pay a88 and slnqulw the casts, efear{lea aced ttxpersree, kseits$Mg • rmasaetsbla rtlarray'a fss acrd costs of ehatracts of title, incurred or paid st any tuna by said lriCRTGAGEE, because a its rite went of rite faiiwe a+ rite part of the saki MOR"tGAGCfR ro duly, promptly and fully perfexm, dlacisarTie, execute, effect, tx*+sP-atat, tasrrpiy witic std sbitk by each and cverY lire sr.pulrtiata, spraemsntr, co,~ditionr, and cavertents of said prwnisaory note and ti+h martgrrge any ar eitiwr, rm! ued coats: charyatr and expenses, eaifi and ovary, efts!! be irtsntediare+y dw end tssyabie+ whether or not there ba nct:ea d: mend, s+ter,ept to tailleet ar suit pendanq; and ti+e full mai+uni of sash end e+rery such },ayment -he11 bear intoresr front tSte deco therttof urttii paid st ttN rate ;,f nine per contwn per annum] anti aii acid coats, ctsargaa and expeetaer irsruwred rM ,nald. together wHh such sn»rert, shall be secured by tits lien of this rrgttpege. 6, That (s) ict the event a# sny brtsaClt tsf fh[a hlarlgsge ar default out ttr part of tfia MORTGdtGOTt or (b) in tfi: went ary of »id sums of money herein referred ro 6e root pros+tptiy end fully paid within tfsirty' (~) ldays ttrext after tfee same sewraUy 85scorns due and payable, without denand ar nottca, w (G in efie r+een each acrd every tftr stif,ulatiorx, agreettwnta, cartdltlar+tr acrd cbvarsanh of said promisaary note end thia rnartgw,~e any cx either ors rtat iuiy, promptly and futiy performed. disefiargsta, exoevted, affected, complef+d, eontpliod with and alafded 4y, then fn sirMr a any each went tfia saki a¢ gragsh sum mentiotted in asid 7romissory note titan remaining wtpald, with interact accreted, acrd alt moneys secured hereby, shall become due and pap abi+ forrthwhh, or tltereaftsK, aH tf+a option of said MORTGAGEE, as fu91y and comisleteiy as H ai8 of the seed sums of money wore digirtaily stipulated ro ba p+id tan tuck day, anything in said prsxnistrtsry note a in ttsb fMOr+yira¢s ro the contrary notwrleha»ndirtg; end tl-ataa,pon or tfteraahsr et the option of said MORTGAGEE, without naticr or demand, suit at law or to equity, therefore or rfiareafter begun, may be prosecuted as if ail moneys secured hereby had matured prior fo its institurlon. 7. That in tAe event tAat st the bep;nnirtg of :: st any time pendingrs sny :uit upon chic Mortgage, or to foractose it, rx to reform 1t, or to enforce payment of any claims hereur+der, said MORTGAGEE shall apply to the Chant ficvirtq jurisdiction thereof fnr the appointment of o Recaivr+, such Court shall forthwith appoint a receiver of said mortgaged property •li and singular, inciud~nq all •rtd rinqula+ the income, profrtc, issusa and rever+uec from whatever worse derived; each and every of wPsich, it being expressly urWerctopd, is he=eby mortgaged as it -pecificslly set forth acrd described in the granting and habemivm c!svsas hereof, end wch f:aceiver shall lave ail t}te broad and sffactivs functions arcd faowan in anywise entrusted by a Court to a ReCNVet, end such appointmvm shall be made by wtih Cavrr as en admitted equity and a manor of s3>soiute right to said MORTGAGEE, end without referonce to the rdaquecy or inadequeey of the value of the uroperry mortgaged rt to the soirency ar insolvency of said MORTGAGOi? w the def~nd•ntt, •nd that sw.ft rents, profits, inrorrte, issues and revanws shell be applied by such Receiver a<cardirtg to the lion ar equity of said htORT+aAGEE and the practice of such Court. A. To duly, promptly and fully perform, discharge, execute, •ffecr, tamp!ets, crsrnply with end abide by each rrtd every tM stipulations, sgrromen», cs+nditions and covenants in said prar,isaory trots acrd this mortglrge set forth. 9. That in the avant the awnenh;p of the mor±geped premises, a any part thereof, becomes vested in a person at her than +he h1ORTG~R:,Or~, the hdOf:TvAGEE, its auccr»ors end assigns, mar, without natiu to lira MORTvAOR, dual with such succes-w or wcc.essor in i,ttorest w~irh reference to this mnrtgago and the de?~,t hrrehy secured in the soma manner as with i4Swtgagorr with3art in sny way vitiating ar diatha•ginq the Mortgaga•s' liability hcre- ur+der or uFwn the de5t htroby sec.rred. #Jo sale of rix prsm;sar hereby trwrtgagsd end no #arfxsrsnce an the part of the MORTGAGEE or its eucetssors or assigns and no extension of the lima for the pay+nerst of the daft hareEry' secured given by the MORTGAGEE c*r its auccecsars or assigns, slsall opera» he rtiease, eiist!sarpe, modify Gf+anq• u affect the ariginai liability of }b! MOf2TG,raC,Uf} ltetein, eishar in whole of in part. 10. It et speciticaily agree] that time is of the esaenu of tStb cor:traca and that rto wslver of any obligat'son hereunder w of the vbiigstion sa- cured hereby shell et sny time thereafter be hsid`ta tee a waiver of tree Aetna htrsaf or a` the tnssrun~ent secureaf herby, ly 'NITtRESS WNsREOf, t!te card Mr:7RTtiAGOR has her7unto cat his hared end aesi the day s:td year first aforesaid. i' ' nod, Sealed and aced ;n rho recance cf: ^~/~ ~ aY.~' r~;_._t t, _ ~~ - .~ __~ ~-~~~f (Sea. -- -- ------___ __.. _~.----------~._._c~eai) STATE O`r FLCI,~IL"A -` -- C4~UNTY OF .-.- _ _..~.-._.____...~_ S+tfnre me persanaily appaarted __~ __._._..-_. ~t R `~'QCr PI~-i`# _._~----_-..~___.__~----.----. and Z _ 't .-__-_,.,._._,_.,____~_~_ ~" ~.-~~~i.G'-----._-..~..~.. itit wife, to me well xrtown anal'xnawn to me to i» ffte indivicfuais ,irscribnd in and vrfw axi~CZrtad tEte farardaireq itsatrum,srst, end attcrt~wiacSged before me treat they exec:ned 1fte rarrsa far th« pu+poaes _ '~' T2 ~T"'~ tom, t:"~` 8. i T'i. tiserein artpreatrad. lrsd tiw +wia~ _....,_,....,,...,....._-.__~,..._.. ___„.______-_-._.~~__.-.__._~,._,_....._...__ wtfe of tie saki ._....__.._...._..__~_____W_ ~ ~ T,°~G'{`~iS.T~ .,,_„-- --- -----....__...........__a__..w_______~.e_______-.._-.-.., szaon s aaparsis and prrvata rgxarreinetioc-s by rtes taken aeparaSe sr>d apart frsromt Errr said ftstsbertd, ,~4attaw?e;dged to and i>feftxe ~ that ohs exeC.ured said instrutmant freely and vsaiur!- tar'sly er+d witttxat sny compuiaion, catwtrsirst, appcehansiort, ar fear pf or from; tsa,* asid F,:nbea+d MJiTf~ifSS rely hand and affix.ai seal 1$ti ~ { s..__- ..,_.... day ad-.a.._-.--__. ~ ~_-.__..___._.~,., f~ a~i9...- ...~......_. ~ ____.__.y...,~.... t]~ its •faa° the fiteAS .¢2f,.¢}y'sre -. 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