HomeMy WebLinkAbout05983c,::iw ~.. p~irceas fa±'! MCaRTC:~IGEE 4t.a9i tvvr tro to receive and app±~ 5°rrt a,arr~ trt xtCiwnt at she trrJ~i7t'eda'.ess saa:ureBY ;,esa•~y Or s,~
pMim.t seed talpit?C+iiCJ~RS fo awm.^sive and ufs 3t ;rr awry part tirar~eof far Ottegr pare witt.r.,ut ths~eby waierieti w irr~'wirir~ an7~ aCtUrtd.
Erers o. r;Qt+t e,-eater trr by .~ir!r+e of this Martyr: and its tNo everra astd l.~RTGf~ than ia+ any rsasat +s~i} ~ keasp tree ssrd prerrrtrjrs
au urw+ed. or #ai9 +ss dritwr fK'ar'r'~iy as'tY +'~ said t~~p asi ittsawrwGsa to aa:d ~!"G+-~'.£i=, ar fail Wt~errpth' ~ Pa'Y Div +~ i~*~'+v+~ t++rrre~c++,
;>e en arty rsapect faaii to perform, Wit, a»sraris, effect. ~. cor~hr +~+{~ ar+d abide by Hats coverrartt, ar any pert iserrsaf, said MCiR?
GCE may pleat and t~ fret wri+ iraaaartoe or Qirt thsasrgf,tt~haut se+arvirtg a affect~y Any .Mort, iisrt, aitvi"v, w tiara urm,~er tx by
v;rtue cf Chia tvto+'t ~ 13te furl erraCturlt oaf ~ aAd emery ltiCi- DaYrnNrtt lhlt~ bas inxerrtii~tsiy dww a»~ P arx! sttai9 13d~r interest
from rtes date tF~asc+f tanti9 paid st t#w rests pf six per Cwrt p~e' srw~rrt sruf ta{~ati+ar wiHi wch lntsrt~at sita9l ba r~curmx! by tree
lien of this mcrt;ga;at.
d. Ta perataxt, carrrrsit ar auifsr no weans, iaw~riirntsarst or detQrforation a# sr++3 proQsrty or any part titsr~of.
5, 1Y is h~aratry sp€,`~fict9fy agreed first army 6r eaarvrx which may be "aarerd or advanced by the M.artyiagss to tl~wr lv:artga6~r at ant
~tme attar the rarrxttirta a# this ;rmie!nturt; +erlfds irttav~a.at tttersats a+t the rote sgred upon et ttre Y:rtte hi sates toeri or advance, aha?9 :re
egwlly seeurodl with arsti 1s»ro the fame priority a# itte o-l~irtal tetdsiYteoyeass, arsd ae assb}ect t[s a19 tiM terrrta Bred P~einiss of this mor?gase:
Pr+avidaed, that the sgyreaste arrtotyst ni ptlsstipai aarttrtstsdirfg at arty tints shell teat arscmed sn aanount eque9 to ogre hvrsdred ared Hfty pot cent
(t 5~96> crt the prirscipsi 9rnso~mt artginaiiy servenaf hsr+sby.
6. To pay s)i artd finitsiar the ax4s, citar~6ea and exgaMea. fnclud;rrg a reasoer-~9e attort+ay's tent sr+d casts of abstract of tale ir,-
aurad ar paid at arty Haute by sa9d tsACftiT~ betestes 4Ar krr the av®rt of ties failure on rise part of life said TGAGOR to aiulr, prompt;v
srni lolly ratrrf~xrrt, diactwrp, execute, afieet, Cempiett. with and abide by awcio and ewr~+ ties atefxa9etinni,, ar;rawtterets, goexlitions
and crnrenants of said pramisfcxy twxte acrd title ~ artY of etfhsr and nsid oowfes, etfsr*ars arx# eayateaaa, ee~ci+ srtd every, sits!! ixr
ierxnediafsty dace artd payabYe; whether sx ttat N>irs bar rtOtioe, rietrsees~, attempt tQ caileet or shit par-ding; and ties hri9 aertoarrrt of each and
cram. y Earth psymsret sha91 bear intsntst fewest fire el>:te thereof astttt petd at rite rate of six par :srtttrn per artrtvm; Arad a#1 acid
Coats. ehrrgea and er~enses ao irxurred or Raid, togjethsr saitts fsrrcls utterest, sitaii brr a+atx'red by t94e Ilsas of tht; morte.
7. 'That tia) In tl'ee avant of arty breech of tide M~artgagsr or defauh stirs the part of the MC)RTr:.P,C,C)R, ar ib7 to the avant arty of said
sutras of nKxiey herein nrfarr+ad f0 he riot prOntptiy/ and ftal9y paid with#n thirty t3(3) days next after tits sams sevsraily t3atotrre due artd payab}e,
adttsatrt c4aersanei or rtatice, ar !t) in Hw event eKi+ and every the aHp~atations, arg~eernenrtts, s}Sr-diHorts and cover ants of Paid prrarttisarrry rroM
sntf this mortg~e any ar either era nut duly. p-oergNy !red fully perfoeassed, ifisctur~ed, exao.atad, sfiected, conrp9etrd +trarnpb9sd with and
atridsd by, tfsarn in either w any sutar ewant, the avid sum ettsrtiMMd H~ aatd prorrtieaory teats then rwrseirtirtg ursprid, vrtih interest
seerssed, and all aecurad hsrafry, ahrli beeaaetae a~ i~'Y+~e fortttdrith, er titerwflsr, at tYw apt~on a# acid IJORTG~iEE, as faa9Fy
and oore+pietai9r as if ail of the: said aua+a of a+sorstrlr saeere ovi~ratiy art~su9sted to be peki eas araF#r day, arr$rtfslryt In wa9d pronsitwory ante oe -n
tiv;s Mcrt~pr~a to rite canhary rear wittbtendlay • and H;wrrupors +or fhersafhrr at the osftion ai fsld tviGR • GAGES. withatst esotiw a de±rsand.
sa;it st lees or in equity. may be pros~enated as if ui9 e*toniss ss~cursd hereby heed nsatvred prirx to Ira irotitutian.
8. That ;n the avant that at lira bsgirxrirttd of ar at sary t9me pend9r~ any suit ultors this Mortga or to fanaeSoas it, c>t' to reform
tt, or tv enforce paytrrra+t of arty clairrrs isereuetdar, said Pa4ORTGJ4GfE si-s)1 apppiy to the Court havirt~ ~uria~ictlan thsraof fw ties appcrintrnrnt
of a Recr+vsr, such Court ehal( forti,with t a Rsceivsr, of w{d mortgaged praprrty a91 and s9nRuiar, irtc9udir~ si9 arms sit>dular ttu
inrnasse, pwHts, Ism sired etra~wr.,aes fr~n s~tedar sotarear drrl+red, Bath aaw# e!wry of whkh, it belrt* srq+rress9y exxfarstaod, la itareby mart.
gaged n if apsctlfical9y set #sutis and deesr9hed hs the gts~rtttrsg atttf itabersdtarrr clauactf hereof, aced Each Receiver shat! !rave all the broad and
slfectave fwtttiarr anC ppvvers in araywiae errtrusta! by a Catcrt to a Raet'River, and such sppatntmar+t shall 4e made by such Goer! as an
admitted equity and a math of abaoltstu r9gist to amid MORT(irAC+EE, arxf wititaaat rofrrenta to titer adequacy ar irsadsgtrsty of Ptse sralt:e of the
property errortgs{ted or to the !to9venay or inaniNartey of said MQRTGACAR or tl'ss rlefsrsdarsts, artd t°rset such rants, profits, irscantes, Isacuaa
and rpversaaes sie91 bQ applied by Each Rsceiver aocwdirsg iq t4te lZws or equity of said 9sAC)RTt,AGEE and the practice of etaCis GLxrR,
4. To duly, groerptiy and fvl9y prrfctrm, diaciterq, sraacwte, effect, carats y with srx! abide by a-ach and erary tree sHpsr~-
isfitsrts, ssreemersfa, rrrndittoru arrtd cm~+rener.~fs kt acrd prarreiaaary eN7te artd in thin rrtartgrr~ set iclrtF
) 0. Thee Irr i'har event the ativrwcsi^efp o} tiro resoctgay{srd Ot'~-iasa. rx +r^y part ttrotrrmcri becomes vestsd in a p~arypra estitar tivn ti~+e
hf4RTGAGQR, fFse MORTGI1i~E, its atae[.matora and , rttstr, wlti+.put notice to the PvfC1R¢CrACfJR, des! with wets mtrccesscar ar sucacsssors
9n 9ntervrft wilts refarnrtcs to t6eis mortgage and the debt tseraby sacsared 9n tkrs soma retan°ser as with 4WnrtY;ags+r without Err any wry v9tlating
ar dtschargirtg the ivl~rrt'a ilab9t9tw itsretirsdar or up°e7 rise de4st h~rrot-y securod. No s~eie of fire prerri~rs hwretsy ~~aa~oC artd ra f+ora-
bearsns:r on rho ppaart of that Mt~TGA ;EE ar its stats>aaaews ar aeaigret and rro extenskar+ ref tlsa time fur the yssyatterrt of tldebt lsersby esauaed
given by :+se MClRTC,A~E or its sraecasaora w aaatgrur, aheli apaaste to relmaae, r9ise4wrge, rrtodiiy, change or effsa'i' Lisa original fia9;>illry of
the tsht)R7CrAGOti hsrsirr, either In ariwis or its pert.
) i. it !a spaciflraity agreed that t9rrsa Is of ties eaaanee of this Contract artd tttaf rss sneivsr or easy d3tl~wtkerr ixxeundsr or ai thm
abligatian sercvred hereby shall tit ar-y Rietve 4i+e-esftsr (se held to rte a waiver of ti+e tsrers hereof nr of rise iesstr9xrwtt ss~cused hereby.
i1V Vti/iT13E55 1~lFf~REOF, the fal~ MCSRiGftl".C>R has hamfur,!to art ttta head aa~sd aarel tine dory and yeaar first aforesaid.
5igrsrsd, 5eatea and deilversd An preesrstse ref:
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