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€ , C~.~! G; l~y~'~ lnr~a ar ~aa tsiluro ot tlw +Go 14ee~p ar p~rta~e~aa_ d tb~ ~eeaur arwna~a„ ;
y? o sa~r
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t&e iadeb~edar ~a~by ssrwrd wh~rp ia~med- '
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b(1 Q 1'1~ ~t time t6enaiLer. ~tt t6e aptian at~a~ booor~e aAd be dn~ ~d payabk~ aad d~ ~qttity ,
d at t~. Mae~ ,a.y tir~aepon be i or dre More~e~ ,r~y. at ib aptiaq. taractae
• _'.oa1y aM`t~ tbe rum prt dae ~thout srooeierati~~ tbe entixe debt, and withou~t~ ' ~
~Y ~ ~+t ~ rx ther
~t rK impairn~?t of tl~e r~n~inder ot the liat hee~eof. and at a~h i re ~ale tbe alu~U
~ 1~ be ~aoW +~nbject C~ a!! r~3n1~ itea~ ot iadeb~ pnyabk u~dar this moct~age aad !he ~e ~harcbY.
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' In tl~e e~nent of s euit bdu~ Lnstitu~ed to foredc~ this tl~e Matt~,e,e ~hatl be e~tttte~d at sm? t~ae Pendtu~
~ te
~ aach fer~eclo~eu~e wit do ~?pply oo the oourt l~aving juri.dictio~ Ier the app~o~nta~nc ef s reoeiv~er aE a]l and an~uler :
d~s mo~ed propertY. ~d af slt tb~e r+arts, i~nia u~d pr+ofib dierec~!' from whstarae~ver ~our+oe derived; and tbenupaa
- tbe court ~hal1 i~xthw?ithspp a'at a e+eoeiver af aeid propa ty and oE wcb rents. ~ u~d prafits. wit~ the wwal
and dutia af r~vers in L~ce rasa. Suc6 sppaatment diall be made by suc~? c~aut as a n~atiber oE striet ri~ht
~
Mart~agree aad rviti~out t+et'trencx to the ~uaay or inack~quacy of tha valne aE t!~ pmpatY ha~ebY mcct~a~ed or tl~e
wh~rncy or iA~oh~ency of tbe Mortgsi~oc. S rents, ~ss~x~ ar~d profib sball be appliad by akh reaiv~er ~o thcpayment
af tl~e pcq~er uid reasonsbk cba~a stnd r~nsa of wc~ reoeiv~etship swd the ra~ainda~ W the paysnent of tlae mact -
S'a~ i~~~, accorcling ~o the ordcr at wch oour~ ~
This raart~age is inbended by tbe pssties bo secun~ sad d~es and sball seciti'~e the Yment. fu11Y ~d~axa?Pk'tdY~ .
• of any and all s~tms of ma~ney herein descxibed, ar,d of any and a!! t~ctensions oc ~+ene~?a~ witb interat,tAerean, ot.lthe.:-
afo~raid p t~atC. or ~eny inatalr~ent of princip~l ae iata~est thereof, and sny such act,~naon ai r~aeMal lhall,
be subject to~~~ the oovr.~anb, agreeauents. eoaditioas and stipulatinns oontairnd in this mortg~age. n-~~ • .
The Mortgagee ~all be entitled to «?forae this mortgag~e and to e:trcise ib righb aied rianedies haneandar not~r?th- ~
st~?uding that some a~ all of the indebtedne~s herc~~y sectu+ed ia ~ro~? oc sball hercaftes b~ othe:rrviae sCCUrKi.. whet,h~er •
b~ ~SaB'~, F~. aaei8nma~t ar othawise. Nathec the ac~ptanoe of this mortgag~e nar tlie enfae~em~nt thereof .
p ~udioe ac ui a~ny manr3er affert Lhc t of thr Martgag~ce to reatiu up~? or enfcr~ any othec ~eeurity no~v vr
_ ba+eaf~ h~ld by the M~ it b«ng un~i~od d~at the Mort~agee ahall be entitied to eY?faxx this martg~e and
any other secunty now or ~er~
fta held by it in wch arder and manner aa it ynay in ib discrefion determina
. Without affecting the liability af aay other person liabk far the payment of the uforaaid prani~acy note oc for
~ th~e pa~fa+rmanoe of the cav~enant~ and agradaaents haxin coatained~ and witbout a8ecting tbe liea oc chacg+e of this mart-
~ ~ upoa any of the prop~a~ty descxibed her+~in as security for dYe ful! amount of aIl unpaid indebbedn~ss h~+eunder,
tbe M~tgagee may fro~n time w time, and w?ithout notioe, release any perion so liubk. actend the tiuae af payment af
any sum paiyable under aaid note, oc t othu indul~ena~, or modify any of the te~ms oc pcovisions hereof ar of aaid
~u+ ~Y Pa~ ~ P~ ~ P~S' b~~3+' ~~8'~. oc c~o~er~t bo the grantiag af ariy e:eemment, ar
encar in~o any agc~ecmc~t ab~o~d~eaang tbe uen h«~cof~ ar take aw rdeaae any othex ~ocurity to~ the paymeat ~ said
note or for the perfannaboe of aa~? of the aovenanta and agreemenb hereunder~ and/or malce oompos~tions or otber
arra~ments ~ntb dcbtors ia rdaLoa thereto.
It u nnd~rstood aad agraed that no dday or omie~ar by the Mortgage~ ia the aoer+c;.e of sny ri~t ec remedy
aoctiruin~ u~oa sn de,!'sult ar in thed~ng d any of tbe matters and thir~ by it permitted te be da~e under th~e tenns
a,nd pro~resroas ~this ma~~e snd s~id pranusary ~ d~a11 impair say ax~ right ar ranedy. na be oor~strued to
~ be a waiv~er c~f uny auch t or acyni~eoenoe tha~in, nac d~aU it ~ect sn~? wb~equent de!'~utt oE the tame or a dif-
tsrent natur~ and every a~ch ri~ht of remedy may bie ~acereiscd from time tfl tune a?nd as afLe~ as it is deemed expedieat
by au Mo~a~ee.
~ Nathin~ co~tatned herein, na aay t~na~ction related 6~nto, d~a!! be oonstruad ar ~o opera~e aa to requ~ine the
- ~art~as~ ~
y intar+at At s rate sreater than it is lswful in seech caae to o~tract fee, ae to makt sny p~ t or to
= a ree
. trary co lsw. It is w~rsto~d aarci agreed d~at if say dausa ar pro~,~ bee,eis~ eoa~'
; w~~ould~vdy operat~ to invalidate t~is ,mactgage, in ~rl,ok or in parc, chen, wch clawes and proM1naioa~ only ebalt
` farae ~l eff~ As tho~ugh nut herein eout~ned~ smd t1~e remainder at this mertga~+e shall ranain operative and in full
i
ha
r ~ It is mntually u~der~tood' itad ~ that att ~Mra~ds wed in tbta aic~ular numba ia this raort~~e ~l! be dbemed
- to ir~dude tbe plwi~i.~and,tbe nuu iu~e
g+c7rder W~all it~lude the femin~a~e iiidJac Aeutier, as t~ee eantext may requirti.
~ It ia furt}yer u~Eor~d snd sy~rewd ~.that aq d' tha tams. ooadit:oaw„ aoMCna?nta aAds~,~aemaats at thir :hall
! a~Land ~o snc! be'~iadin~ up~ the Mact~ar aad tb~ hters. suooa~ors ar as~igns eE tbe Martga~vc~ ~ure to
~ tbe beue!'it af t~e •~r~ac~~ee and 'rti sreooes~oc+~ vc asrigna, Wh~a aea+e t~an ~ pariy i~ named aa? ihe M~tgag~or. the
= ubli~atiorbr s~d liabiliti~s of wch pai~ti~a daall be ,jdnt atd ~ev~axl.
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