The URL can be used to link to this page

Home My WebLink About1595 . •..i e..:A.~ . wr« +Aw.. ~.y.R: ry~~ ..fs.~A? r - , ...v~ .+a~•.~irrw~~.~~~Mi~'~-~"~yM ~ "`r ~ vib I~t'~ROj. ?gilOh ~ i~i~ b0 1TiM~e_1~1~t111 ~1~ ~r ~t!! wtl~~R AO~i00 ~TDin ~N ~OT~~'N I , ~i~ 1~N Y11W111~r O~~~C~'R 'N'hlCh 1f0~1 tn#~ b0 ~l~ b~ IAY~. Y~ ifr AR~ ~IIlU L~ ~0lk~'Ot ~1 fA~t `0 1~ ~0~~!! IA wODOir~~1100 rl"lfb~ pl'Or1~100~ ID~ ~ nO~A ~OMII'~ ~l"lby~ ~1iu pA~lDt o~ t6e anti» inclabt~daer rspiwented tbereby, the Moctaaghs as Er~stes ~leall, in oomputin~ tb~ amoun~ ot e aicb irnl~bLednar, cradi~ t~o tbe a~oo+~ati ot t~ Morf~or ~qyr cradit bat~aos under t~he pro~i~ion~ or ot ~aid~ p~e~taph If ibars ~hall be ~ dat~ul~ under an~r ai `he pro~~x rew~lt,inR ira • puWio ~le oi the premi~e~ oorered hee~sby~ or it the Mortragee ~cquu~ the P~P~7 0 , ddwtl~ the Martg~ee ~s hv~tes ~La11 ~Fply, at tha tuaa oi t~be oommencsmee~~ of wch prooeedin~ or ~t ~ - tlie tims t6e W'oPert7 otberwi~s scyqnired, the ~raount then remaining t,o credi~ ot Mort;y~nr under (a~of ~ re~i g unp~~~ai~ rsiocradiL on the intee~est uocured rnd unp~aid and the balaace to the priacipal en r ~ 8r wq! p+U? aA fw~ai, ~ w~?t~e at~„ aod ath~r t~l dt mmoklpal a~ i lesPoeitio+~. tae w~bleh pro~Lioa ~ aoR bem m~ds Deedabetccs„ ~ad~tha+eot ZLs Mortp~ae my? Pikl? tbs ~ . rm~s; aud i6at bs will penmpf~r del[~ee ths olf~ial x+eeeipf~ tbee~etor tio LLs 2~[~xt~~ee~. 's d~ He will ~r~ni~ ao~rmit, at wtQe~e nror w~f~s. impw~irmeant~ ot ast~errio+n?tiran ~ot ~id pr+c~ee#~? oe tbereot eaoespR rewoa~bie w~r and te~r• s~d in !~s e~en~ o[ t6s failute vt tbs Mort~~oe t~o keep tbs but~ on nid ~ pceatii~a ~ad tbo~s to bs areot~ec~ c~ ~aid premise~, oe impav~e~?t~ tbereon, in ~ood eepair tbs Mort~a~ee ma~r i msloe w~oh rspairs a~ in ib di.a~al3oa? it msy dee~ neoewary tor tbe~~e+oper pere.esvst3o4 tLsr~eo~ ~ud tlie tull amouno i a[ eu~oh and ev~ecy weh pq?me~?! ~II bs dus and paysb3a ihtet~r' (30) dy» ,ait,~r' de~ ~ ~h~11 bs ~eau:ed b~r t6s lie~ a[ ~thL? moct~s. d~ 8e wtll pMy ail and ~in~il~e tbs eata? and eocPea~eti ina~+udinr re~oasWs bwy~ iees~ ~ad aorts a[ ~btcaots at titis~ ineurred o~r p~id at ~ time ~~ort~raee beo~u~e ot t,M+ lailure on tbe par3 ot tbs M~ p~oa~p~? ~adiu~? to pe:foron tbrs ~a snd ooveti~sats ot e~id pro~miMOry note sad this ~e sad ~id eo¦d, a~ar~e~, and az~ ~haD be ima~edi,?tel~ due aad pay~Ws atid ~hsll be.eaured by t,6e liea~ ot t~,is mott~e~ 7. He w~ oont3a m~~nta~u? basard ~ b+am'tims to tims ~ ot a~h t~?pe ar t~pe~ ~trd wwunb ss Mo~tg~ _ ns9mr'0. on L6e impi+o~ementi now or Lee+eiiter ou ~aid and ~oep~ ~?Len pa~men` ~or ~ll ~uch pc~emiums ~ tbee+stafora bssu made undar (s ui paragrs,ph Z Let~eof wiU pw promptl~ ~ dwr ~r prsmiums th+are~or. All iawrinos ~6all lre ~ in co~nPanre~ ~?PPro~ec~ b'r ~d ag~ iad tbe aie~ and raaew~ls tlieu+eoi ~Lall bs bdd b7 Mortgages wd h~re ~ttached t~hee+eto 1o~s p?~ob~k cl,awe~ in fa~or o~ aad in form ~oosptabZs to tbe 2~d Ia s~ent ai lorr he ~?i11 gire imnoedists notios b~ mail to Moertgages~ o~n~oesnedo~~b~~rautborizsd~°i{~ it to m~kA ~m ean~t i'such~ b~i~ rdiurect.i~ to~M~o~u~~~in mP~?41 ~o Mo~rtg~or and Mortgsge~ 'oin~y~ and ths iasuranos~P~~~, ~~41 P~ ~~f nW be app7iad bj~w~• ~a~es at it~ option eatber to ~ reduction oi the iadebtednees hereby ~ecured or to t~e restoxat3oa or repair oi tbs prop~e,rt~? dsm~ged. In e~ranti oi ioredo~urs oi t~6is m~rt~~ or other traader oi titk ta the mortgaged pe+up~~ m t of tbs indsbtednas recured here6 -sll iu aad ~o ~y iasuraaos po~li~Cia~ tbea in foros ah~ll 7~ ~tle, and interast oi tbe Mort~sg~e pa~s tio tbe pue~hvar o~r eraatea 8. He wil[ no6 execnte ar f~Ie oi r~ecord any instrument which impoeas ~ restriction upon t6a sate or oacu- P~Y P:"oP~Y deecribed berein oa t~ho b~ais of rsce, oolar, or creed. 9. If tha premisex, or any p~rt thareof, be condemned under the po~ver af eminent domain, or aoquired for s public uee, the daum~gea ~w~?rdeci~ the praaeads for the of, or the conaide+sstioa for such aoq~oai- ~ tion, to the eztent, of the full amount ot the remai.ning unpsid~ebtedne~s secured by thie mort~ge hereby aeaigned to the Mortgagee, and his heira or as~igns, and ahall be paid forthwith Lo said Mort~ gagee or hia ee t~ be applied oa ~ccount of the Lst maturing anatsllsaents of ~uch indebtnee.• pmvided,bavr- ever, t h~ortgagee or h i, e ss~ignee~ m~?y ~t~hia diacretion pay direct to t~te Martg~or~ hia ~ein or vsigna ~ any psrt or all ofsuch awsrd; provided, thst if Lhe losu is guarauteed or ineured, the consent of the gusran- Wr ar insuter is obtained in ad~ance of saidpa yme~nt. 1Q. T'be Mortgsgee m~y, rt any time ~end~'ng a suit upon ~hie ~aortgs~e~rpply.ta t,he caurt h~?vin{; jurisciic- tion thereof for the ap intment ot a rece~ver, and such oourt ~hall iortfivn ~ppou?t ~ receiver of the premises aovered hereby all ~singuiar~ inctudin~ sll ~nd eingulsr the incarae, profits~ iesues~ and revennes i~rora what- ever souroe denvecl, each and every oi w*hich it being expreaely undetstaod, is hereby awrtgaged as if s ~.!'icall ~et fort6 and deacribed in the graating an~ babendua? cl~uses bereof. 3uch ~ppointment ahall be made by ~ucb court ~s att ~dmitted equity and ~ mattar of absolute ~t to said Mortgag~ee~ and without reter~nce to the adequacy or inuiequacy of the value arf the property mortgaged Qr to the solvency or insolvency of said Martgagar or the defendanta~. $uch renta, profite, inc~me, iesuee, ~ud revenu,os shall b~e applie~d by such receiver according W the lien of this mortg~ge and the gractice ot such caurt. In the evoat oi wy default on the part oi t}?e Mortg~gor herqunder~ Lhe Mortgag^or y~rees to p~y to t6e Mo oa demaad as ~ rea9wnable monthlv reutal €or th~e prennia~e~ aa runount~at le~st equivatent La oae-twelit~ of t,heaggr~gste of the tvrelve monthlv installraenta psyabla in the t~en current yeu glua t6e actual smoun6 of f.he ~anual ta=es~ ~ssaeeamants, reater nter, and i.nsurau~e premiums ior such year not ooverad by the atorassid uwnthty p~ymeab. ~ 11. In the eveat of any breach of tbi~ 7o~uurtgage or def~uit on the par6 of Lbe 14tortgsgnr, or in th~e evenz that any of ~aid suau oi moaey herein rete~red to be not promptty and tull y paad ~cc~r~di~ng to the t~enor hereof or in the.sveaL tb~t e~h and every the ~ta'pulataons, ~greemenb oonditions, and ooven~nts of w?id aote sn~ L6is mortgage~ are not duly~ pr+omptly, and fully periormed or i~ the Mortgagor be ~?djudicated baakrup~ or made defendsnt in a bankruptcy or receiverrl~ip ptoceedings; then ia either or sny svch event, th~ ssid sggra- g~te sum nnenti~uned in said aote. tben rem ' unpud, w~th inLerest ~ccrucd t,o th~?t time, at~d all money iecured hereby ah~ll becoma due sa?d psyab~orthwith, or thereafter, e?t tba option of esid Mortg~ , Rs " fully und comp~ecely ii ,~1 ~he s.id sums oi money were oreg;.n~ti~ scigul,~ted to be paid an such dsy~,~an~. thing in ssid note or in thie mort~g~e to the cant~rar~ notvvithataudzng; and thereupon or thereafter, ~?t the option ot sasd Mort~agee, witteont not~ce or dem~d, swt at lsw or in eqwty, may be prosecuted as if all monev~ ~ecund Lereby hnd mi?tnred prior to it+r institution. The Mortg~ge~ m~y fonclo.e th~ mortg~g~e, a to tbe ~mouu?L w declared due and psy~ble, sud the said preraises shsll-be soid to s~tisfq ~ud pay ~}ee aame to~echer with costs ezpen~es, ~nd allowanca. In case at p~rti~?1 forecZoe~re of this mortga~e, tbe morig~g~eid prcmises shall be so~d subject to t~he oontinuing lien of this mortga~e for the amounc ot the debt not then due and i~npaid. ~ ~ In such ca~e t~he provisione of Lhis paragr~ph may agun be avi?iled of thereaiter iram time to time by ~he Mortgagee. 1Z. N~ w~?i~er at say caven~?nt herein or of the obUg~t~c?n ~ecured hrreby sh~?11 st any tim~ there~iter bs held to bs a waive~ ot tba te~nns l~erao! oe o! t6e note ~scured hereby, 13. The lien oi thi~ it~etrument a6a11 remain in iull totce and eHeet during any po~tponeinent or extension ot the Zims oi psyareat of the iadebtedaas or any part thereof ~eccured heaeby. 14. This »~irren to ~eeure the purch~ue moaey, or ~ part thereof~ at the land~r hereir~ de~cribed e"', ~ad i~ aar~cuteda~~elisezbd oonten~poraaeoualy witL the deed tbereta~, d~ Q~ , ' 1 b. It tlw Mort~agoz def~ult in any oi the cov~aants or sgreemenb oontained ber~n, or ia said note~ then C"'~ ' s t~hs ~ott~a~ee m~y pertorm tba ~ae~ wd aU expenditurss mcluding rea~onable wttoraey's tees) nu~da by the j M~ u? ~a dom' ~~Lall drow interest at tbe nte provi ed for in the prutci{ul indebtedar~s, wd sh~ br ~ repi?jabl tbirty (84) days nfter demapd, ~d, t~atber ~ith iat~rast aad t;ats acctued Lhereon, sh~ll be ~ecured f b~ tb;. mort~.g~e. - 16. Upun t6e reque~L ai ths ~~t~e ths Mortgag~r sbsll e:e~cu~e? and delives a wppleaaantal note or ~ . aot~e~ io~ t6e wm or nm~ sd~am~ed by Mostg~gee ior ti?e ~Iter~t~n~ ~wdaais~t3on~ i~apro~ement, rnsia- ~ tenu?os, or repair of ~aid premi~es, fot to~es or s~essmEab againsL the ~ame aad ivr aa~ otber puruae ~uthor- ised heraunder. ~aid nots or nates ah~ll be secured hereby on a parity with uid a~ tully w ii che r?dvanoe °Fo ~ erid~+a~oed therab~ were iuoludod in tbe noZe fusz dacribed abors. S~id eupplemantal not~ or notes sh~tl bear o.o , T ~