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potky a polkNt said MORTWCEE drl) h~w th~ aption w noNw and apply tn~ sinM on aaa+nf ot th~ k~deb~ad~ww ~+d hw~bv a t~ !
permit uld MORTC~AOORS to npiw and us~ It ar any put th~hof for ot1+K ~po~s without tMr~b1? w~ i~ or in~p~i~ s~Y ~H. :
Ua? or ~i~ht und~r or bp virtw o
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so i~ued, o? hil to d~livN pranptly any of aW poikNs of Imurana to ssid MORTGACEE~ w hil pomptly to piy f~ly arry pr~mium tMnfo?. :
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GAGEE n~r Plaa and piy tor wch ir~swsno~ orany put th~roof without waivin~ or afi~cti~+~ any~p~, Ita+. ~qultY. a ~i~ht u~d~ or by ;
virtus of this Mort~a~e, u~d th~ iull anwunt of ~ath and ~wry wth PaYme~t shall b~ in~diably dw and piyabl~ and sh~ll b~ar Mt~~st ~
from the d~M then~f unHl psid at tM nts of six W? cent pK amum a~d tosetl~u with suth intuest sha11 b~ s~wrod by t1N
lieo of this mort~sse, j
~ 4. To pem+it, oanmit or suffer no vrasts. impaimne~t or d~terbrstion of said proparty or a~ry part ~tMnof. S
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~ 5. It is hereby specifically s~read thst any swn or wn+s which nay be Io~ned or sdvanced by N,. Mort~~~ee fo tM Mort~stshsll~bt ~
~ Nme aker the n~din~ of this indentum, b~et1~ with interost thereon at ths nte s~~eed upo~n at ths tims of wd+ loan a sdvsnce. ~
; eqwlly sea,red with snd haw the ssnN priority as tM ori~inal I~debtednsss. ~+d be subiect ro all ths terms and provisia~ of thls morttsp: +
Provided. chat ihe ag~regaro amount of p?i~ctpsl oufscandin~ at u?y fims sh~ll no~ exceed an anav~t equsl to one hurd~~d snd Hfty p~? ant t
(15096) of the principal anwunt ori~inally saaxed hereby.
} 6. To psy all s~d sin~ulsr tM oosts. chs~as srd ~xpa+ses, includin~ s nasonabls attorrxy's tae and oost: of abstraet of Ntk In-
w.~ed a paW at~r time by satd MORTGAGEE bscsuse or in th~ eYOnt of ths hilun on th~psrt of the said MORTGI1G04 b duy. promptlr ~
and fully petform, dixha~e. exeoute. effecf. oort~pkts. oomPh with and sbids by sach and ewry tM stipulstla?s. a~~ts. aa+ditions 1
and oovcnants of ssid promisson? note and tNs ewrtssse any or NMs~, arid s~id ocsts. char~es and expenses, e~d+ snd ~very sh~ll ~b~ :
immed'atey due and D~ribk; whether or ~ot then bo ootia. demand, attempt to collect o? wit pendin~; and ths full arnount o~ each and '
every wch payrnent shall besr (nterost from th~ date ti~eof unHl psid st tM nM of six per ca+tum pa sn?~~; and alt ssid !
~ oosts, cha~es and expenses so incurrod w paid. to~ethe~ with such ~nterast. shall be le~ of tNs nartpr. 3
~ 7. That W In the event of any broach of tMs Mort~aQe or default on the psrt of ths MORTG/1GOR. or (b) 1~ th~ ewnt sny of ssW ~
~ s~rns of ma+ey I~ein rofeRed to be not pranptly snd iuly psid within thirty (30) days next ahe~ tl+e ssms sevenliy become dus and paysbb, !
~ without dem~nd or notioe. w(~ in ths event each snd avary ths stiPubtions. arBeer~ne~ts. ca~ditions and covensnts of saW pranissory ~ot~ ;
i and this mortgage sny or sitt~ aro not dub. W'on+Ptly s~d tully periom~ed. discF~r6ed. e~cecuted. affected. canPkrod comPlied with ~nd •
abided by. then in Nther or any wd~ event, the said sgg~ste wm menHor~ in said promissory no~e then remsining ~r~psid. with tnterest •
aouued. s~d ailmoneys secured hereby. sh~ll becort~s dus and psyab~e forthwith. or thereaher. at the option of said MORTG/1GEE. u tully j
and compktely ss If all of the said sums of ma~ey wero originally stipul~ted to bs psid on wth dsy. anvthing in ssid pranisaory nots or In
this Mortgsge to the eontnry not withstandin~; and theraupo~ or tF~a?eafter st the option of ssid MORtG/?GEE. without notios or demsnd.
wit at law or in equity. may be proaecuted u if all monies securod hereby h~d rnatund Wbr to its institutian.
8. That ie the event that st the DeQinnin~ of or at sny Hme pendir~ sny wit upo~~ this Matga~e. or to ioretloss it. or to reform -
' IE ar to s~faru psyn?ent of x?y clai~ra he~ar. saW MOliTG11GEE shal! spply ta the CeuK hsvir~ jurlsdictton thereof 1or the appolnlment ~
ra
, o# s Receiver. wch Court shall forthvrith sppoint a Reoeiver~ of saW mortgsQed property alt and sin~ular. intludir~ all snd siogular the
' income. profits, issues snd mverwes from whatever source derived. ach and every of which. it bein6 axpress~Y ~~~Y ~
gaged ss if specifiully set fo?th u~d described in the granting and habendirn clsuses hercof. snd wch Rec~elver shali hsve all the broad and
effective functioru snd powe~s in snywise Mtnnted by s Court to s Receiver, snd wch aDpointment shall bs n~xle by wd~ Court ss an
. sdmitted equity and s matter of absolute right to said MORTGAGEE, and witha+t refercnoe to N~e sdequscY or InsdequscY of the vslue of tM
P~~~I? !nort6~6ed o? to the solvency or insohre~cy of said MORTGACAR or ths defend~nls. ard th~t wd~ ronts, profits. Inoomes. iswes
• and revenues shall be applied by wch Receiver aoeordin~ to the lien or equity of said MORTC.AGEE snd ths pnttioe of wch Court.
9. To duly. PromPtly and fulb Perform. discharQe. exeoute. effect. oomplete oonipty with and abide by e~ch sne! avary ths stipu-
~ Istions. agreements. cadiNons snd covenants in said pranissay note snd in thk mort(p~e set forth.
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; 10. That in the ev~ent the ownership of the mortgsged pramises. or any psrt thereof. beoornes vested M a person other than th~
MORTGJIC'AR. the MORTGAGEE, its wocessors snd miBns. msY. without notioe to the MORTG/1GOR, deal with wch suocessor or suocessors ~
' in interest with roference to thls mortgsge and the debf hereby secured in the same m~nner ss with MortgaQor wifhout in sny wa~l viNatin~
or disd~s~in~ ths Mortgssa's Iisbjlity herew~dar or upon the debt hereby s~wrod. No sak of the P~n+ises MrebY n~o~t~sied and no fore- -
bea?anoe on the pa~t of the MORTGACEE o. its wocessors or sssi~ns snd no extensian of the time for ths psyment of ths debt heroby seaNed
siven by the MORTG/1GEE or its wocasors or sutgns, shall operste to relesse, discharge. mo~fy. d~sn~e or effect ths original Itsbiliry of
the MORTGAGOR hereln. either In whole or in part.
~ 11. It ts specifkslly sgreed that time is of N» essenos of t1~is oootnct and that no waiver w sny obli~stion heneunds? or of tir
obligation seaued hercby shsll at any time thereaRer be held to be a waiver of the tenns hereof or of the insnurr~ant sewrod hemby. _
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IN WITNESS WHEREOF. the ssid MORTC/1GOR hss hsreunto set his hard snd sesl the dsy snd year fiat aiorasaid.
Signad. Sealed snd delivered in of: . 2
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- ---~RILLA G~ COLLINS _ ~~ro. w ms we~~ known, .nd k~ww~+ to nn. to be t+r. ~v~du.Is daatbsa ~n
i and who exewted the foregoing instrwr~ent~ snd adu~owledged befo?e me thst they ex~wted the same for tht purposes tF~ein exprossed.
~ ~ ~ . ~i ~ ~ ~1
' ; WITNESS my hand snd official seal this.-- ---daY °f - - - y : •1_C_'Dr!
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O ~ t . . ~DRK ~'~9 P~~E 540
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