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HomeMy WebLinkAbout1849 . , ~ , ~ . YOl~A00R DOa3 1rU8l71a8 ~t~adet. w! oTer. tAd tmbo ~[ozti~ aD no7r a~ ~ ~tLa~o~n. F~ bow~rr~tlu~t ~w~i~liien sfiaU~bt~a d is h~~ ~aaad~ e~spr~i~~a~i~a~t aad suboi ie~ia~Pralos erop 1i~a or erop sne~mbain~s erocps wt~ieb eomu~ inLo e~dsbaw prtor to toreelasnrs sale a pro~id~d b~ this b~ • ~tM yt~o~isioas o~ eLwt 10 btrea~ nothwltbstaod~ aocb croP Uea or mortaap shall nat howarr. pri~ ~o this morttar oaan~ eo in0o t to sdd~oreclasnr~ ssla "Com~ iirto ex~atienes" and "~o~n~ in~o ~a" sha i~ parpoes of Wis mo raaan blaom in t~ eus oierops tsom tlnp sna ore6ai~ds, ae~d sbsll aa~aa pLu~tins iA tbe ¢aa a~ erops irom annnal or more l~eat plan~ o~i~ Np~in~ ~ operats m sabordlnab ths lien of thb awr~a as aff teres or : ~Mr plants bat ~li ~o oD~~t~ as to tt,e erop~ har~ted thereirom. ~ ~ to~ ~ 1lAYS AND !~0 BOLD t~ abo~+r~ ~rsntsd snd describsd ps~emis~s nn~o Yostsases. ib sneoe~~ora sad wi~a~s Mor~a,ror ~ oo?s~nsab tLat l[~~,~ is indefuaibl~r saised a~ tba ~tort~s~ed Premises ia tes simpla: that ' . l[~~~ r ia actnal~ oa tharoi and has inll power i?nd Lwiul rl8ht to oonra~ tM s~ms in i~s s~mple a~s sforaa~d ~ths~itY ball ba lawthl !or M~ort~aree at all timea to~ snd e~?tar npon,, hold, oocnpy and ~a'i' or~ed Psemisa• the Yorl~~ed Pse~nises" :rs ~res fraoa~ incnmbranas e~ooept as afors- w• that ~iortsa~or ~ii matc~s sach fusther a~snra~oe Oo Pr. ov~e l[r~ r's tee simple dtle as anU? be :wsonsblp • reqn~red snd tbat Most~a~or w~l and shail inll~ warr~a! aad ddrad tTi~e titla to the same nMo liort~s=ee aeainst . tbs Lwld elaiau and deaunds oi a11 pasams whomsoe~er, ; PROVIDBD. ALWAY~, and tbe~r~e pre~eab sre npon the ezprea condition tbat K lRo:tsaror alu~U pqr anto 1 l[ort~asee tha snms ot moaey as psovided in !he promisar~r note dorea~id and ~ e~t~atous or renewals thereoi and ; interest thereon, at the titne snd in t~s nunner therein provided, wbether in dne e~oras or nnder sny oo~~enants or stip~r : lations berein ow~ aAd abaU Pa7 all other indebtcdneas or liabilitia ~eenred hereby and shall well and t:al~ k~ r onn and eom ~~rth ail the eo~enants.agree~a ts and atlpulatloas l~srele ooatsin then tbe estate bereb7gran ~ ~gain~d. sald sad eomreTed shall oea~e and determine; otherwiae thae praeats ~ be and remsin in inll iorce ' and eifect And Morttaaor beseb7 3oinW? aad sa~raib oo~eaants and a~e+ees to aad with l~[orttases a~s loIIow~ s 1. To ps~ all sams seenred baeby whea dne. ~ . 8 To pa~ ali tazea and as~wnents at ae~ tims impo~ed, leried or aaessed on tl~e Yortsased P~einiae~ or tbe indebLainess +~eenred bereby. os t6e ltor~ intereat ie- ~ther.,ieo preaiises bdore the~r beooa~e deliuqnent (ancl Prodaoe n~esipts therdor npon de~osn~j, and st?7 elaim, liez~ or mbrance againat the ldortgajed Preaaises rrhich ma~e be or beooaae psior to tbis nwrttase. 3. If ths D[ore~a~ed Pre~~aes or~an~ gart tbereot beoonoe embraeed within tha bonndaries a? an~ issitatbe. le?~e, ~irdaa8~e or other ~impro~ment disMcC uuept ~elwol, or road) aud aneL distrie! ahall l~a~e n~ or o!h e~idenos ot indebtednep reqnisin~ the ~ snd ,ooilection of tua ia ~r s}ull at tbe optian oi tha holder tLereai, wilhout mtlce. become dae and pa~aW~~q notwl~i~ns ~anjthin~~~eonqined ia said note. os this mort=sge. or suy Lw tbat may hereaiter bs enaeted. 4. To teep the Hortaased Prewi~a otl~er tbsn land oontinnowl~ insnnd against loss b~r !he and sneb other . liasards as may isom time to time be ~eqnested b7? l[crt~a8'es ia oo~npanies aad in amoants in eaeh e~ be approred bp and bs uceptabk t'o l[ortsagee: sQ insnranae poHcies shal! e~nWn tbe nsual standsrd~ortsag e clsnss maldn~ the las payab~~ withont oa~ribatbn, to ~[ortas`es a~ its inberat mz~ appear. snd sh~ll be deli~er~d promptl~ to uid held bar l~o ~rt~a~ee. Not las than tea daqs in ad~snes o~ tbe e~cpiradoa of eaeh Pu1tc7. t~ delimr to Mozt~agee s rs~ewal tlierpoi. tosether witb reed~ pt ior tbe preeninai ot sneh renewal. The proceeds oi abp snch iYUnra~ce or an7 P~ ~+U? bs aPpUed by ~dortgasee at its option, dthez to t6e tndebtednaa hereby aecored os to tbe restontion or :~spair at tbe pr~pezt~r dam~sed. ' 6. That l[orttasor (i) wtll not s+emo~~ or deeoolish aor alter the de~t~n or strncta~al cbar~eber a~ aeyr b~aildfns now or beresiter ereeted npon t!N premi~es nnlea Hotgsgee s1u11 itnt oonsent thereto iu wrIt~ :(ii) wil] maiatsiA tbs premisss in ~ood oonditbn aad (iii) wW eomply with sll Lws~ or~inan~. reiuludana; earensnts and restrietions ~ffuttnt the premises, ~wi~l not snifer or peranit an~ ~rblation thereat: will fnrnish aaeb fistoratatioa reaPecth~ asa and operation o! tbe pramisa as Mo ~ ~+~5~ ~,Y irom time to time deaoand. 6. That l[ortsa~or (i? wiIl nat caennait aar sufier waste of tbs premiae~ or imPsirmeat iaan~r m~anner a~ tLs agrknltnrat vslae ai t1~e land and witbont llmi the~n eralit~ oi the forsgoina, wiU enltinte,. irr3Sate. fertilise. ~P~'~,1?. Drat~e, repLat orehtrds and eitrns~o~ra. the non-ttmber land irce irom ionl aad nozbus weeds. brnah snd atber ~deserable praride ior itoe. c eetion, crap rotatloa. drainate. prerendoa ad erosion and Ps+tare . maintwanoe in aocorda~e~ witb ~ood hnsbaaadr~ snd the new appro~sd methois oi agrienltnral dere~pment; wiA aot ent or ranova os sufia eat~ or =enao~in~ ao~ trees or timber on the premiaes (euepL for domestie pnrposes) or ~ ~°'~~r~en ~e ~ P~ ~J ~PP~ tor l~rpeahne wit~Oa! ffio~a~e'a writ~a eansent: ti1l w11I opente tha ~ I timber lsnd~ on the prem~ses in aooordsnee with sonnd practices oi prodnetion, e~?re. and har~stins: (tii) wi11 taloe those acoeptad lorest sanitstion and control me~sasrcs wbich srs reasonsbl~ neoeasas~r to Protect esid timber lands irom diseaae an~ inseet infesbtion; (iv) wrill tske ~11 measuns which ue reawnably neaasar~? to proteet said timbes lands fraan loss by lire, whkh ma~susea shsll be at ltast eqnai to fire oontrol practieea ~enezaUy iollow~ed oa t~mber prodachig property in t~e same g+eueral area, including tbe adoption oi snit~ble prevention and eontrol ~iasnrea. the msfnta~anee oi roads in snch manner as to g~mit accas oi mobile tire.iighting eqnipnient to allpa rts of tha timber Isnda, the maintenanoe ot tire tanca. proper dispossl o! slaah aod dabs and inll co-operation wiW state and lede:sl •geaeia on ~astler of fire prevention and control. T6at a~ a~tea as torest, wild tire or other haszrd, ittelndins windstorai, damsB'a the dmber landt~ ~[ortsacor ahall delfver to ~oztgagee within 20 ds~s aiter !he hsDP~~B oi each snch ooearrenca. a deLikd st~tement in wti~ ~~n ~h ~ iaalhe nnmber oi aerea damagcd and an eatimate oi tbe natnse snd e~cteat oi t6e reanltinE dsm,~?Be: t6at. e opia of l~ort~asee, such measnra or qripment are inadeqnat~ tbs Mot~a~ npan written reqnest o! tbe l[ortsagee, ~dopt sneb ada[t[onal measnres and aoqnire snd maintaia sneh rsd `b'ornal~iightin~ eqnipanent ~s tbe ldort6a~e m~ sequire- . . 7. To Dar to ~[ort~aiee upaa demand all snms, ineladinS acpense and rea~oaable s~erbYs aad s s fea whkh k may e~cpead or beooane obli~sted tor in p:~weedioga. te~ or otberwfss, to estsbl4h or ~oatain ~ bereo~i or its P:iorjty, os fn detendias against lieas. elsims. rigt?b. eatates os ~ts ot an~ persop or Pe~ans ~ ptior[t~ heret~. os in p~~atmt, seWement, diseharge. or releass oi at?y asserted lians, tl~L~ease- mmts vr estates ~ aonn~el Yoztgsgee tbat tbe ssme b superbs to the lien hareoi, or ~or an ads or stiPDl~ab1 sbattaet. to~et~r intet~est aa all snch snms so paid at the rate e2 ten per oeat (109b) Per aanum on the date tba ssms sre pai~ f[ort~s=vr al~o oorms~s and ~ge~ea to pp sll oosta, eLsz~es and espa~sa, inelndinR reason~bk attorday's leea aad oomm~ and sbstraat ehsrges or expensea paid or inenrnd b~r ldort~a6ee in ean- neetWn wttl~ an~ snk to enioros oolleetbn or to foreebse this n~~rt~e in the e~ent tbis mortgaae and tbe note or other fadebtedneas and amonnt~ h~eby seenred be placed in ths an8s ot an sttoraer tor edleetiao and !or the pw~. ment ot all snch amounts this mortsare slull stand ~ seeority and an~ sneh sum or sums so paid s~all beeoms a part c~ tl~s ind~s set~sed hereb~. . 8. In ase l[ort~aror s~ll iail to prom~? diseharga an~ oblisation or eo~raaat as pro~ided ~sein, Yort~a~es ~hsll h~~e tbs optioa, bnt no oblisstbn, to perfOrm on behalt o! Mortgag~or. M~ aanoRnt whieh Y ma7 espend in Pala~miat soch ad ar in eonneetlon tbaawitb, with interest tberao~a st tbe nte oi tea per aat 10%) Per aanom. ~o~etber wtth allacpe~ses, re~so~sble st~orne?'a feea ineutred b~ f[ostgaaee, ahs11 be immediatei7 I~7~le bp ~ and shaII be a~eeo:M~ tbis mortsa~ snd ]tortgagee sba11 bs snbt~o~ected ~o aepr ri~hts. eqaitia or li~as ss _ D. ~t' ~ . $O:~c ~