HomeMy WebLinkAbout2378 . s-'rw«. s3~ft~1w twt ~
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; i0~i8'i1ibA MIiH all ~dditions, syplaoMr~ats and iep~wMats tro ar~ oi tla `
i lo~sr~oinp, snd all and siigular t~ t~~nts, ~s~ditatr~ats and a~ppust~eNno~s .
~ tMroto b~lo~girg, sad tM sMts~ istws and p~o~it,~ tMs~of~ ~nd also sll t!M
; ~atate~ ri9ht~ titl~, i~t.~r~st~ ho~sst~sd, do~r, s~parat~ ~atate, possession,
~ olai~ and darnd ~a~so~wr, u~l in la~ u in ~quity~ of tM said 1~bstgagos
i~ and to the ~ortgag~d .p~operty a~d wery put thes~of +~rith th~ appurtenances~
sp~aili~~lly i~luding all ri9hts s~d equiti~s o! r~dueplion~ all of ~hich ar~
~h~reby ~~resslr waived. (All of th~ forgoi~g~ ~»tMr co~sisli~g entirely o~ s
r~al psop~rty os Mtir~ly of ehatt~ls. os of both r~al p~opsrty and chatt~ls, ~
; is hsr~in for coavfni~t~c~ aall~d th~ "~rtgsged propwcty"). .
~ ?0 HAVB ADD ?O t~OLD tM sa~d aart?~aq~d PropartY and wery psrt tt?er~of
unt~ th~ M~rL9ag~s forever•
PROVIO~D ALMAYS~ and this oortqa9e is on th~ e~r~sa wridition, tAat if ~
th~ M~rt9agor shall pay or cws~ to b~ psid a],1 0~ th~ moneya arntiawd in aaid -
, ProNdssorY l~bt~ and the infi.~rast th~sron~ all at tM t3aMS and in th~ msnner as
. th~syiA a9rNd to b~ paid~ aacordirg to tb~ trw int~nt a n
d seaning t h
ereo f~ a o
d
sAall pay all oth~s su~s p~o~vid~d to b~ paid by t~is so~tgs~s~ ar~d shall perfora~ .
and abida by all th~ co~vea~nts aad ~qrewia~ts b~rei~ snd in said Note contained,
then tMse pr~s~nts ~hsil be void and the estate Mr~in and tar~by ~ranttd sball ~
ceas~ and detarodea•- -
f~~ ' ` At~D SAIO InRt~GlIOOR does Mreby coveeant rrith tb~ ibrt~agae that said
Mo~t~a~or, at the tiat of ~xtcutioa and d~liwry of th~N ps~sMts. ia.th~ . _
absolute o~r of and in.poss~ssioa of ssid ~ortgsg~d Prop~rtyi that ~s has a
9oad right~ full porer snd laMful authority to ca~vsy tta sa~e in the ~sn~r and
fore Mr~ie sst fortb; that ssid proporty is fr~ an~! cl~a~ of all li~na of Mhat- ' '
. w~r r~sturt, ~xcept as specif ically ventior~ed hersin, and Mort9a9or fully ~ssrs~ts ~ ~
4; the titie to ~sid property and will d~fend tAa sar agair~st all isMful claira ~
~ and du~nda ~xcopt fros ti~ ~arrantiss contain~d ie th~ ~ncumbrar~cas h~roin . "
specffically set foarth. ~
Ab~ THE 1~iCaA~~ do~s hsreby furth~r cov~nint, paromis~ and a9r~a Mdth . ~
th~ No~tgagee~ its successors and assi~ns, as follara:
I.: lbrtgagor Md1I rwt co~dt any wast~, or ~skee or iapair tM stcurity
of this mo~tgag~; M?ill pay~ psios to doliaquwticy. aZi tsx~s ~fd assaasvsnts l~vied
.4. or i~pos~d on ssid propertY; ~rill keeP tM no~t9s~ad P~tY insusyd in such - _
. w~nes sn~ in sucb soounts ss M~rt9ags~ ~l s+9~is~; and rrill tat r~o~ve any ~ _
- cha?tt~ls, if iecluded in this ~t9a9~~ froo ttN pseois~s ~Mre thsy ar~ no+r -
sitwtad, rrithout Ibrtgag~ss raritt~n oooseat. ~ _
~ 2. In the waat of wit to fo~close this ~oart~gaq~s Mortgage~ shall bs .
; entitlad, as a s~atter of right, without segard to tta v~tluo of th~ nartgaqad :
ProPe'ztY o~ to the solvena~~ of lbrt9sgor~ and Nithout notice, to tlss appoint~ent
of a~~ceiver of t~ie a~rtgsged prop~rty snd ths inoos~ and p~ofits theraof.
: ~ 3. In ths went of Martgagor~s failur~ ta pay tax~s~ or to icNp ths
praiises insured as requisyds M~rt9agee wy, at its optio~~ but is ewt r~quirM '
' to~ aa1c~ such pay~ents, arrd the auas so advanc~d ahall bs repaid bY Moart9sgor '
; . rritb int~r~st as p~ravid~d fn the Note, and said sume. so paid by th~ i~brt9agea _
- , shall M secured by tbis awstyag~. . :
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? 4. In ths a~verit of any d~fault i~ the torss o~ tM Not~ ar this ~
~t9~s ~tS89~ rY~ at its optioa~ declar~ the whol~ ied~btedness s~eured -
` hsrsbY to be iae~sdiite2y dw and psyabl~.
~ ~ S. That ea ext,~nsioa or eodiiicatioa of th~ pa~a~ta to b~ mad~ as h~s~- ~
ieNbo~v~ s~t torth~ and no r~l~as~ o~ any psst or part~ of ~st9~9~ P~P~~Y~
~ ~ ~ or ot otbtr coilsttr~l sea~riog th~ abvw dtaarib~d itid~tb~t~dn~ss,~ rw~ tAagh
, ~ rdthout consurt o! tlw Nastqs~or, sb~li r~le~as s~Yiwa~ or dis~lssrq~ th~ .
' Mortqagos fra~ tt~: psy~nt, o! sny suva Mr~byi s~cur~d, and tibs''t9aq~+ shsll havs
~ ~ the riqht t.o rel~as~ fra~ t!~ li~n h~syof any po~tion oar portions of th~ ~ortgagsd
, propaty~ os oth~r co~ltt~sal Mld as s~eusity fa~ sai~d ind~bt~dtNSS~ irs~spaetive ~
i ~ of th~ valu~ ot th~ rel~as~d portion, wi~hout alfectieg th~ litri Mrsof as to th~
; : postion or portions not r~l~as~d, rrotwitAst~ding th~ faot that wch s~l~ua os -
~ ~ :~l~as~s ~y 1» ~ Nithout knowl~dg~ os cons~rtt oi t~ M~r~qsgor~ o~r of a~y !
~ VraeitM o~ C~anta~s of poa~tions oi such p~op~rty tMr~tof~: sold.
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