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HomeMy WebLinkAbout2269$oox 28 X138 ~. To place std oerttitatottely heap en Ilte al~w Mw a attueb ett tisid Isttd aid on an equlpnaa and persondM levered by th4 mortg. ape, with aR praniwns thereon paid M farNr Ate Ytattretsos M ths_ a aura approved by the MORTGAGEE. and windstorm Muwana M tM uevel aanderd polky fern, M a sum sppreead by tba~ ~~' oomPMY or O0f'~^~ « the MORTGAGEE orrery dkeetr and all fke and windstorm M+nrrana plidea ow any of bald bWWittori, wl- IMa'ea Iltareln or part thereof. M the aggregab sum aforesaW a h axcea thereof. shall contaM the usual aattdatd ntptOagee dauw a such outer dattae « 1M Mortgagee may require, rt-alktg tM loss under wid pdF ciee„ each and •very. payable b acid MORTGAGEE « iq isttetest "'at- appssar, end eadt and every sudt polky aMl1 be promptly assigned end deRverad b any told by uW MORTGAGEE u Washer ascurity b add ntertga0e dew. and, r.d less then ten (iW days N advataa of the expiration of each policy, a de• liver ro ud MORTGAGEE a renewal thereof, together with • realpt for the premium of each renwsralj and there ol+sll be M fire or windstorm irsswataa placed on arty of uid build«tps. any interest tltereNt a pan thereof. unless M tlta forte end with IM bas payable as aforesaWt and In rite ewM arty aww of ntoMy becomes payable under such pdky a pdkba «id MORTGAGEE d»n haw tits option b receive and apply tM santa on etxottnt of the itdebted- ne« secured hereby of b permit said MORTGAGORS b naive end tree N or any pen thereof for aher purposes. without tMreby waiving a impair- irtp any puny. Ilea or right under a< by virtw of 1hM ntatgegq and h the ewer seld MORTGAGORS shall for arty rt-ason faN b kMP th~,fo~a a err y Insured, a fa11 b delhrer promptly any of said policNa of tttewana b said MORTGAGEE, a {all prornptly ro Pay fully any pretnhrm r«pect fell b perform disdwge, execute. effect. aonplMS, caplY wHh end ablds bbl the covaoant, or any pan hereof, uW MORTGAGEE Insy plan and pay fa such 4uwana a arty pan thered whhoul waMYtp ce affeairt0 any oplen. Ren, eWMri or r~pM under a by ~ueof IhN Mortgage, end tlr fun attauM of each and every such payment ehan a MrlmsdlatelY dw end payable end shall bear Mtereq from the deb utMlt paW at 1M rate d refry per antum per etrtttas and together wiM such Yttarest atoll bs eecwed by the Ilea d Ilds tttortpage. 1. Te permit, twtntrtls er suffer no weds, Impeirmtrtt or dsbrbreHott of Bald ptoyafy er eery pat tisereof. 3. To pay all and aingular the coats. dtergea and expa+IM, btchrdfetg a naaortabN efbrnel/a fN and o«M of abetretxs~ ~ Mta ~~d o< arty tYtr by Mid MORTG~-GEE. bK«rse et N tM event of 1M feYwe en tM part ei Ma eetd MC~RTOAGOR to duh-. pr.nwtb execute, effect. consplete, comply with. and chide by each and every the ntlpulatiorrr aWeaM^~ tarldMiorts, and cowMnte of uid promissory note and this matgepe arty o. eiths., .red uW twsn, dtap« and expertsee. eadt .td very, Shan be Ittttrt.~.bh- dw and p.rabler whether a not tMre b• hake d- mend, attempt to tdlect or wit persdtrtgJ and the fun amotwM of each and every wch paYtneM shell bear MNer«t /rote tM dab thereof urtNl Wa at tM rate of nine per cetuwn Per eleven , and all said Doan, dtarges and expanses intatrred a geld, topellter wMh eudt Mtereet. altall be sactxed by tM lien of thN ~q+~- _ a That (a) in the went of any beach of thk Mortgage a defwh Mat after rite same T a1G M~beconw dw and payable~v~nthout demand w notke. herein referred b be eta prompty and fuuy paid within thirty' WOD days tab and this mortgage any a either an rte 01 (Cl in The event fKh and !vary rite aipulatitxts, apreerrtants. OOftditiena std oovenatp Of said pronuswry *tly, promptly and fully performed, discharged, executed. effected. completed, comPlNd with and abided ~y, than M eitlwr a any such event tM uid q gragate sum mentioned in uid permi»ory nee tfien remainitg unpaid, with Imerat acaved, and dl moMYt secwed hereby, aMil beoonw dw and pap able forthwith, a thereahlt, al the option of uid MORTGAGEE, « fully and aornpbbly a if all of the uid auras of mawy were originally aipubttd b be paid on suet d.y, anything in ud promissory tab or in this Mortgage ro the contrary ttawitMtatdirgr and thereupon p MtereaAer at tit option of said MORTGAGEE, without notice or demand, suit d law a M puny, thereftne or thereafter begun, may be prosecuted as if all moneys secwed hereby had matV1ld prior 10 itt inititutiOn. 7. That in the event that at the beginning of a at any time pending any wit upon the Mortgage. or ro forecbse it, or ro roform it, or to enforce payment of any cleans hereunder, uid MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall forthwith appoint a receiver of said mortgaged property all and sirqular, Including all and itttgular the income. profits, issues and revenues irpm whatever source derived, each and -very of whkh, it being expressly understood, Is hereby mortgaged as if specificaliy set forth and described in the granting and habendum clauses hereof, and such Receiver shalt have all the broad and effective functions and powers in •nywiss entrusted by • Court to a Receiver, and such appointment shall be made by such Covet as an sdmined equity and a matter of absolute right b tieid MORTGAGEE. and without reference ro 1M adequapr a inadpuacy of the value of the property mortgaged or to the solvency a insolwnry of uid MORTGAGOR a tM dafendanh, and tMt such reran. profits, income, issues and' revenues shall bs applied by such Receiver according ro tM lien or equiy of uid MORTGAGEE and the practice of such CotrA. 8. To duly. prompTly and fully perform, d'acl»rge, execub, effect, compbb, ootrsply with std abide by each and every 1M stipulations, preemMn, tondiYaro and covartanb in uid promissory nee and this mortgage set forth. 9. That in tM went tilt owMnhtp of tM mortgaged premises, or any part thereof, batwrMS vested in • person other titan tM MORTGAGOR, tM MORTGAGEE, in successors and assiprts, may, without notice to tits MORTGAOR, deal with such successor a successor in interest with reference to thU mortgage and the debt hereby aacured In the carne matvwr as with Mortgagor without in any way vitiating or discharging tM Mortgagor' liability here- under or uport the debt hereby sacsrred. No ule of the premise heret?y mortgaged ~rtd M forbearance on tM part of tM MORTGAGEE a in atxcessors or auigrts and no exlMSton of tM time for tM payetent of the dew hereby setvrtd given by tM MORTGAGEE a its wooassors•or asspro, shall operab ro roles«, discharye, tnodfY dtanpe or affetl tM original IiabUlty of tM MORTGAGOR herein, either fe whole a in p+n. 10. It k specifically agreed that little b of tM essana of thh contract and that rto waiver of any obligator hereunder or of /M obligation ss• cured herby shall at any time thereaher be held to be a waiver d ton termer hereof a of the InstnK"e^t ua'red Mrby. IN WITNESS WHEREOF the uid MORTGAGOR has hereunto ut hk hand and seal the day and yea first aforesaid. area d$ to Avriett Grace Wi ne s rgaret W. Grace x~~_ With the Armed Fo a s of. the IInited states ,.,,.,.nta.,r. Outside the tsrri~o~al Limits o! the IInited 9tatsi e srsigned ooYmnisaionsd olfiaer in the Armed Forces oP~tU~ lefon ma personaq~.ppear.d ' _ AyriMtt QrtL~ - ~.,Ae m. wen iuawn .red known b m. ro be Q~ OP the individuals d.s«t'bed fn and who exerted the fagMtq ratrunwM, and eduasrtedged before ma the they exetarbd the autts for the purpoe« Nterdn expressed - -- - - - --- -- =- --.naa~....ea~~raeaende~t~qhll~t~K][~7Nl9MX J'} `~ . t •. .•f ~ ~ci~ c. .,,yu-. •. ," ~. ~. :r.~•..... .. .; ..~.~. '~, ~ DIED AND Rf~RO~ BOOK ,~ Coesaiationed Ofi'laer B Rank of fTtx~ 1961 JAN 2~ PN 3: 10 itOGEtt,P01?RASr p.ERI( Braaah o! E P dRO~NY, ~ $T. LtlCll COUNTT. FLORIO~, /~ _... ~.„eaaee,~„ g' . 12125 ~ sersti ~ ofo 6i 1~'j - -- 1 ., - ~+r - ~ -~ --..._... ~ 1lOie 1 ~ - and ~~ ~~ _ _~_a. v a..mwM - bier wfiw b ttte wp ioTSOrrn and knovra b tae b a ~ ~" r J itwtttweab iltd ttiwewlyd/d bttfero .te tlt.r they .wowed the «ttte for lira pttrpesse e»d tent ~Mat1._rM ~dMtf!i _ _ _ ~ , _ - . , ~t • aepaab and pmnte ert~ aMrt iptw.her stiY bttsMtr~, ~duatwledled tr ettd before tae Chet else etseatMd~asM Mlrtttwttt 6esly and vohrtt• ~~ a. M a few Mr ssW ~~~ ~"~ w GfR^itaE~ [,,,si1t Mrii q_ 1lAi- iMwy tsttblfc let ,red-~ , ~ 4i'R' . _ .-.