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Home My WebLink About0484 . ; - s~. TO p~ Qi1a ~iAj1i~N' ~d OO~ttl~ C~Q7"~ ~7id ~.UP'07t~4i1, iJ~C~~Ii ~/Qlrl e.v feea, ~aro i~eourred or paid at a~y/ a'~xe b~/sa~d .1Korf,~ra,~ee beca,uas o~ fasle~r~? t on ths~~ t,of fl~a aasd J~fort~a~or to perform, co~npl~ with and abids each and • . eaer~l il~e etipuJatio~u, eo»ditio~u a~d covenaRts of aaid promisaory noto and t~hii deed, ~ or est~er, and aueh pa~~nent shali bear intensst frn~n date cat ~he rnte of none ; par oeuf. per annum. ~ ~ , To keep the b~~,ildin.g now or henafter on said land sn8ur+ed in d au~n not lea~ ? ~han higheat ineurable value do~iolm, ir~ a compan~/ or co~repaniea to be # appr+~v~d by aaid Jlfort~agae, and the policy or poticies held b,~ and pa~able to said ! ~tort,~a~~e, and iR the event ar~.y aum of m,one~ becomes ~?a,yc~,ble under such polic~y or policie8, the .hfort~a~ee ahalt have t/ee optio~a to receive and apply the xame on accou,nt of the inc~ebted.reesa hereby seecured or to perrnit the JKorlgagor to receivd a~:d use it, or ~ any p~a~rt tJiereof, for other puTposes, without thereb~ w~a~avin~ or impairing an~ eqiw,ly ± ~ lian or ri$1t,E under or by virtue of this ~nortgn~re, and neay pla~e and pay for sueh ' insunan~ce or any ~riart tlureof, without wctivi?ig or caffecting the option to joreclose or ~ ~ any right hereu~sder, a~d euch ancZ every such pa~~rrunt ~1uil~ bear int.erest from- al~tt J e~# the rnt~e of none per cent. per u.nnuan. , ~ ~ ; pr+~ 6jvert~y or a or auffer no :aaate, irnpa~i.rnr,~~t or deteriomi,tion of aaid : ~ 6. To perforns, compl~ with cwsd abida bly eu,cla and ever~ the sitpulaiiona, a,~'i~ee- : i»entd, conditions a~nd couananf,e in sa.id pmm.issory note and in this deed set forth. ! 7. If a,ny of aaid euma of ~noru~ henein neferred to b~e not pmrnptly and fulld/ pacid , w#hin 30 c~c~s next aj~er tlie same severwll~ beco~ru dua and pa abk, ~ f oT if each and euer~ the stipulztions, a~reements. condi.tiona and covenants o~BaiaL ~ ! - prn~ni~ssorgy note and this deed or either, are not duly perform.~d. corri,plied with and ~ abided by, the aaid c~~*gr~e~a,te sum riuntioned in s~id promi,ssory ~r.ote sha~ll become ~ du~ a~nd pa,~/abla forthwith or thereafter a,t the option of the JKortgagea as ft~lly a.~d ~ corrapletaly as af the sa.id a.~,~re~cte sum of gi qh_teen Thousand Three ~indred i - dolla.ra rar~s ori~r~:a7~j atipulated to be paid on such da~/, ~ a~n~thsn;~ in su.id p~+v~nis8ory »ote or her~ein to the contrnry notwith$tanding 8. The JK'ortgd~see may, at any time while m suit is pendin~ to foreclose or to refornz ~ thi,s mortgage or to enforce any claims arisin_~ )c6reunder, apply to the court luuring jurisdic~ion thereof for the appointn:ent of a receiver, and such cowrt sluill forthwith ctppoint i~ reeeiver of th,e prem~ise8 ctnc~ a~l o~Eher pnnpert~ eonered herebr/, inettcdin~ all ~ and singu~lar t,lee irico»~, prnfits, rents, issux8 cand renenue8 frorri wl~atever aource de- : ~ rived, dnd auch r~eceiver shull hcive cill the broad and effectiue function,t an~ powera i,n anywise entru.sted by ca eourt to cx reeeiverandaueh dppointment shall be mac~e bb sueTi " court as ari a,d~ni.tt.ed equity and cL mactter of absotute ri~'irt to said Jtfortgagee, and wiilhout reference to the ctdequcccy or ina~equuey of the va.lue of the prnpert{~ ~nort- gaged or to the solvency or insolvency of said Jlfortgagor or the defenda.nta, and sucla ~incom,e, profits, rents, issues and revenues slcatl be upplied bJ such recetuer accnrc~ing , to the lien of this mort~a~~e and the practice of sucla court. ! i ! - ~ ~ ~ , : t i - ~ , t ~ ~ . ~ . . . , ' ~ i , . . . ~ ~ i , ~ ~ ~l~'1e88 ~(il'~O~ E~ 10~ .~OT~~fijOT ~if#t0 i~t ~I ~d ~d ; ieal tl~e da~ and year )lnt abov~ w'itt.e~a. , SiRned. 9ealed and DeUvered ia P~ence oF - G B. ~ ` ~ . ~ r _ ~ , ' . ~ ` : ~ ~ ~o~~ sa8 ~~~8 - 0