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HomeMy WebLinkAbout0369 •r.`` .r . 4 ~N.Y!.y~w~p~~r+r•sr'• : '..FS. ' y.,~~ . . . : . . ~ ~M4. ~ i~t'• ~<.i r't~~r~w~?= .~-1r~. - ~ . F ' ' • ~ 1~~ . ~ ~ r , e t . ~ • . , ° • ~ . ' ' - , e ' , ~ . ~ Z . . i r ~optlrar w~ie~ aU ~~etmra sud ~~bwr imp~anr~aaeunb aaw at 1~naf~oar la~d?bd d~w~eoe, awd at! aAd ~ia~,r ; tb~ tia~a~at~. ~q, a~p~rb~aoa~ ~ad peivilo~. na~w ar ~e~ea~oer ar la anywiw a ~o ' 3 ~p~op~rty~ or aqv a~.rt e~~of, and a)I dhe a.taa. ri~ht~ tide ~od ia iaci ap ~ana~d aa~ar ~i,a :3 ~ M~ar in ~?a¢1 bo ~?id ~ a~ ~ay part t6eewoE~ and the ren~ p~ab'ib ~d~aeroE~ whidi ae~e~y rPa~? aarKned. tr~mterr~d ~arer oa tlk Mart~es ss additlon~t ~rectiui tar the ya~ent a[ t6e indebt~ed- ; uars I~eirafba~r da~cn'6ed; and ~ ~d ~ ? b~nks and ta~rersr ~ind all ~ w~w~th a!1 wa~a and ar~aaeie+rv~ti~n tacil~*~ t~'~es~~~• ~~ia~ll m~ ~ ~m a~d p~ma Pi~b. ~It anotorr. tu~bina. ~Lonr~ a~d otlret imtallatio~. d~and f Pc'~ti~ ; ' of rvecy sud dercriptioa far~ope~a~tioa of said P~P~ ~p~m P~~ Pknts, and al! other err~chir?eey su~d equip- r - meat~ mnr a h~ra~fLer bca~ed ee~ wed os. en ar about said ~r+operty~ far or in oonryec~ion with tbe aoatrol of water th~reon. _ or tar tl~e irri~xtio~a aand/ar drain~e th~e~ea~f. or foc furrw~iag ~aid pmp~erty ~rith ~?ater foc ~ we o~ fer stock. ~ i TO HA'V~ AND 'r0 SOLD t!~ same wnto tbe Mact~a~ee. irr ~uoc~errxs aAd a~si~ns, far~.wer. in fe~ simple. ; ~ ; ~ Tlre Mort~a~ar aaveaaata ~vid~ Lbe Mc~rt~ag~ee tbxt ia Lwfully sei~oed of ~id pr~pa~ty in fa dmple; thst ~ Le has ft~l1 pav~r and~u! ri~bt ~o oonvey the a~me as a!'ar~a~aid~ that it ahal! be la~v!'ul for tbe M at all tima ~ pe~ae~bly ~tnd quietly m aiattr upoa, bdd, occu y and en' ~aid encurabr~nocs• ths !re wyll n+~lcre aicb [urthec as~a~ranoa t~ that a~id property is free r+nm ali liem a~d ~ ~ t perfect ihe fee ample titk ~o.aed pnop~rcy as may rea,+onably } be oequired by die Mort~Qrea; aad t3u~t I~e does herrby tully wsrrant the titk w said pr~operty u~d aill d,efead tbe same ; asa3mt t6~ claims ~ a1i pe:soos whomsoev~er. ; Tl~e Mar~a,g~a l~reby f~v a~ns tio tl~ee Maa~ee slI of d~e e+a~tr, royaltia~ bonwei and be,x~ts under any ~ a~g +tnd/oc future al. ~as ar miner~l 'la~ ot anyr ~pa~opcrty herebY mort~ed. as additianal eeciurity f~x tha € ~ _ paYmtnt ~ tbe indeb~edAas ~~ecue+ed. The Mat~a=or ~~li have th~ riQht o0 odlat and retain wch rrnt~ roy?al- i tia~ boawKS u~d bcceefib uaW snlt ba~rede.r ec uc~der die ~e hereby recured. In tbe tvrnt cf any s~uch dds?ult~ k t6e Ma~s,~x» b+ereby'~ted the unoonditional right and p~o~rer, at ib aptior.~ s?t any time w?hik a~ch deisult ramains ~ out~tanding~ ta d~aand. reoeive aad edlect wch rents~ roy~t~er. bonusa and bene&t~ a~nd app[y ~ame tow~rds ~ ~ ment of the indebLedne~s 6enby sec~e+e~d. Th~ Moctg~g~oe t~ll ~ot be bound harcby ~o demand, r+aeiv~e or oorlectian r~ywt . ot wc~? nena, r~ywttie~, baawa ar be4e&ta. and shs11 not be 'bk for fu'lure t,~ a~a~ci.a che riRhts bereby gra„ : s,~d fa~7ure ~o e~ercise wdi rights s~t'trer the happeziing of a d~~ t riu?Dl not be oo~nstrued as s waiv~er ~ sucl~ rights ia th~ evant oE a wbrequent d~ault, - ~`his mortgAgr is ou the a~nditiaa tl~mt if the Moet~gt~r ahalt p~y bu th+e Mart~ag~ae tl~ ind~ebtadness tvidtaad by that ~ertain peariiasory not,~ of ev~en date her+~with in th~ psinccipal aun ot..~~..~~...:~'.~!~.~...~~C...'~'.~Q. •M•~r+~~~?~~~N~~'~il~M~~~~Y~~r~i~r~'~~.~~w~~.~•~r~~.~'~~~i~~?`~N~w~N~A1Y'r~~~.~,~~~~~.~~ . . (~...4.~4..4RQ.~e4Q...... ba~rivg inber~st as tha+ai~a ~rowided. ma?de by the I?~I~ort~a~oe and by : .................~R~.. $ a... LYObT and psy~bk m the Mart~ag~e st ib Haae Offfee in HArtfvrd. Cau~ecticut, in la~rful ma~cy oE the Uai~ed Stata„ ia ; ir~al~nt~, tbe Lst ot ~rbic6 ~hsll be due and payabk aa........~~}~.X...~ 19~ft..~ snd ~11 . kap snd p~erform all oE tche ~covr,~anb, a~ncmts. oonditio~a and stipul~tio~s cantained ha~eia and in eaid ~te. t~en the estaLe bercby ~ranted d~ll ~eermiaate and th~ mo~tgage shaU be vad. . The Mae~agar ba+eby oov~eaant~ sud s~ree~ w?ith the Mart~aga ss faUo~ws: ~ 1. To pay t6~ princ~ipat and intereat and atl ot6er auas payabk by vittue af stid ~+aaia~ary not~ aad ot tbis mort S'~8'~ P~?Ptly a. tbe asme ,~al1 b~eooene due. 2. To QaY~ befooe the ~ame beoocne detiaquent,. all taxa, aseas~azents and otha cbar~a„ ~nersl ar spec3al~ ahYad~r lrvied ar asees.ed or ~hat may hereaf~er be irviad oc aseeaeedupon or again.t ch~ hereby a'tga8ed~ ar any part thrreof~ and immaiiatcly upon request to furnish the Ma~gagce the offip ~pts ahawing P~Y- ment thareo~. 3. To pay s?11 lie~s w~hich might byopas tion of law or othcr~vise be or beoome wpaior to t6e lien of t~is anacega~e; . to keep ~aid pro~ptrty in g~ood aa~?ditioa and repair aad not bo da oc p~araYit waste tl~eoa, or do or suffer anytbing w be doa~e w?hich ~vaul~d depreciate ar impair the valu~ thaeoE atrd not t~o remove, de~molish or make any sub- $tantial altastiona to any of the buildingn ar other improvemenb without tht writLaa aonsent of the Mortgagec. 4. To cultivatt, fertilize, apraY. dust and prurk all citrus trees locatad on the ma~fgaged in a husbandlike manner fac ~ during the te~m of ihis m~e, and in tbe e`rent that ~ortga~or s~hall fail ~focb ~~rov~ aa henin rrquir~d~ tben the Ktgagee may~ at its option~ declare the antire in. ~ ~ artgag+t duc and payabk, and may, at it~ aption, #areciwe thia mortgagc aad aak far and obtain a r~eoava to manage aai~ grave dunng the tirne that eaid foreclo~ure is pendiag. S. To keep the buildings and otLer impro~vrments i~aw ar ha~eaft~er located on taid prop~xty oonstantly insured er againat la~ or damage by Gx~e. wri~dswr~n and such ocher haz~rd or hazar+ds ~?s may rt~or~a?bly bcr~quircd by the Mvctgagc~ at any tir~ ~?hik tbe indebtainesr hereby secura! remaias unpaid, in an amount~ in formm and ~ in s ooxnpany ac aompa ~ti~aCtoc~r ~o the Mortgagee, and tc~ depoait the policies ~ such insuranoe and re- ~wal~ the:+oaf with tb~ M t ~ crtg~g~ee, ~nth afl premiucns ti~es+e€ac paid and with ~ageo dausc ratiafa to ; the R~Iortgag~e attached ihereto. An~? ~nount reaeived by the M~ utider any wch policy may,crat~the = aPtiari of tha Mart~agee, (a) be applxd taaard payment et an~ suAa y acurcd as the Mortgagce shall ck- ta~mine, or (b) be used toR?ard the oost of rebu~lding oc rrpairing the destroyed ar dama$od buildings or other ~ proveinents on the paortga~ed pcopaty, upon axnpktion oE such rebuilding or r~pair ta the satisf"action af the ortga~ee, or (c) be paid W th~ Moctgagar. Interest shail nat be allowed aa any inaura~nae proceeds held~y • the 1VI«~a~ee pmdi~ vomplatiaa oE or ' af ~aid bui3din~s or o~her imprrn+emenb. Suc~~. - pe~ttk~as o! -tnr~urs~oe snd al! ra~ls tLa~eaE ar~ • ~u~d to tlu Mort~agee u additio~ ~aceuity for the pa~ymcnt of the indebtadnas hereby sxured and~~octQaf~ 1ia+ebY agre~s d~at any values availabk tbati- ~ ~ ur~ upon canodlatia~ or ta7ainatio~ af any of ax:h pdic~es ar r~enews~ls, ~fietl~er in the faru~ of return of pr~e- ~ ~ miums at othanri~, shatl be p~yAbk to du Mart~a~ as as~nee dur~evf.~ 6.. In the ev~ait that the Moct~~or shall fss`t to Pax I~nY teuca, a~aaaenta, insu~aaoe p~rniums, Iia~e or ebargei ' i, . t'f~ Ally CZt$iiCtC~. g~tri~ Of ~ rl?~lC~I ~t M ~~5• - '~f ape~a~ o~gaSa is raluired her+eunder to P~Y~ the Mortgagce maY. ~t at its opt~on, malce paymant thtrea[ and rnay alsa red+eera the martgaged property~ a~e any p~rt thereof. frem ca~c a~les, witf~ouc auy obu~ation to inquire into tb~ vatidity af' wd, taxa~, aa.~t. ac nx .a1as, the ,~eoeiptr of the proper affioers to be eo~dudve tvidenot af the ~vaiidity and amv~nt thcr+eof. Shonld the MoRga~or fail ~ ~ ~~P ~ P~Pa'~Y ~~~t or to keep the buildings and other unpra~vsmarb ins~ued, as herein agreed. i• ~ ~ d~~ ~ s i ~ ....a-~.Y....s,...-...^ . . . _