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TOC~ETNSI MrlH all additions, s~p~~+r,~rnts and i~pso~v~s~nts to aay oi th~
tor~yolnq~ and all snd sin~tlar tA~ t~~rrats~ Mr~ditarrrts and appuart~~w~c~s
th~r~ta b~lorging~ and th~ r~nts~ isw~s and profits tMr~ot, and alw all tho
+~stat~, right„ titl~~ it~t~r~st, tawstesd, do~r, s~parat~ ~rstat~~ poss~ssio~„
clai~ and d~ar~d whatsow~rt as ~wll in la~ as in ~quity, o! tM said 1brt,gsgnr
in and to the ~ort~q~grd property and rwry part tharsof nrl~th th~ a~ppurt~nances~
sp~?aificslly inclu~ir~q all rig~hts snd equiti~s of r~d+~ptian~ all of Nlrich arf
h~r~by ~xpr~ssly w~iwd• (A11 of tM forsgoirg~ Nh~tMr cansisting ~ntir~ly of
real propsrty or •ntir~ly of chatt~ls~ or of both syal p~op~rty ar~d chattels,
is herein for convs~itnc~ called the "sort,~jaqed prop~rty"). ~
. TO t~IIVE A[~D~O HOLD the said nwrtgsqsd property and every part thar~of
untn the I~brtgsgee ~o swr.
. PROVID~ED ALMIAYS, and this mortgsg~.is on ths expre~s co~dition, thst if
tha Mortgagor shall pay or cause to b~ paid ala o~ th~ nwn~y~ aientioned in ~aid
Proadssory Mot~ and the int~r~st theraon, ~11 at th~ times and in the manner as
` therari~ agre~d to be paid~ according to th~ true i~t~~t and aieanirg th~reof~ snd
~ shall pay all other su~s provided to be paid by this mortgags, and~shall perfora~
~ and abide by all the coveaants and agre~~ents herei~ a~d in said Note cantaiaed, '
f thea these pre:tnt~ shall be void and the estatt h~rein snd horaby granted shall ~
~ cease and deteroine.
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A1~1 SAI'D I~IRTGA~OR does hareby covenant with tho ~brtgaqee that said ~
; 1~iortgagor, at the tiw~ of ~xacutian ~~d dellvery af tMs• pr~s~~tse is ths
abaolute o~r of and in poss~ssion of seid scrtqaged prop~rty; that he has a
good right, full po~er artid lawful authority to convey tM sa~ae in th~ aariner and
form h~rfin sst forth; that said property is fre~ and clear of all liens of what-
~ ev~r nature, •xc~pt as specifically rsentioned herein, and Mcrtgsgor fully warrant~
the title to said propsrty'and will def~~d tha s~e again:t alI lawful cxaim:
and d~ands fxcept from the warranties coata3n~tl in #M encumbrances herein
. specifically set forth, -
AID THE MORTGAaOR doas hereby furthes covenant, promise and agree Yrith
~ the Mortqagsfy its successars an~d assign~~ as folla~ws:
l. Mortgagnr will not commit any waste, or ~sken or i~p~ir the s~curity
~f this aoartgage; will pay~ prior to deli~quency, all taxe• sr~d ssses~uents levied
or iqwsed on said property; will keep the mortgaged prop~rty insur~d ia such
~namer and in such a~ounts ~s Mortgagee aoay require; and will nat remo~ve any
chattela, if irticluded in this mortgage, from the premi~~s where they ara now
situated, Mithout AbrtgageQ*s written consent. .
2. Yn the event of suit to foreclo~e this ~ortgsqs, Mortgagee shall bt
~ ~ntitled, a~ a raattsr of right, without regard to tha valus of the mcatgagod
property or to the~ solvency of Mortgagar, a~d rrithaut notias, to the appointyrent
_ ~of a Recsiv~r of the aartgaged properLy and the income acd profits thereof.
3. In the avent of Mortgagort~ failur~'~ pay tax~s~ or 1:0 ~CNp the
premises insurvd aa required~ Mortgsgee may, st fts optioa, but is cwt requir~d
to, make such payoeats, and #.ha sua~s so advanced sht~ll be rspaid by Mortgagor
with int~rest as pravided i~? the Note~ and said ~aams sa paid by th~r Mbrtgagee
shall i~ secur~rd by thia aaatgage.
4, In tho e~rrent of any d~fault in the tern~s ai~ the Note or this
, ~mortgsge, Mortgsgee n~ay, at its option, dsclase t??e +~hole indebtedness ~ecur~d
heraby to be inimediat~ly due and peyable.
~ S. That no snt~nsion or ~nodiiication o! thr psyrr~ts to br m~d~ as h~r+-
inabvvo s~t forth~ and ~w rel~ase of any put or parts of th~ o4rtqaged prop~rty,
or ot oth~r collateral se~wring tha abow d~scrib~d indtbttd~~s~, w~n though
a~ Mrithout cons~nt o~ th~ I~brtqsgor, aha~l ~r~l~aao. r~Yiw~, or dischsrg• th~
Mortgagor frow th+~ pay?s~nt oi any su~s h~r~by :teurrd, snd M~rtgsgae shall h+ws
„ th~ right to rleaso fro~ th~ lien h~r~af arsy portion or portions of the ~ortga~geu
' property, or other collst~ral Mld as security for said indebt~drwss, frr~spective
~f th~ va~].w of th~ r~`l~as~d paxtion, *ritho~t affscting tbs lian hereof as ta th~
portio~'or portions not rel~ss~d, notwithatandi~g th~ fact t~at such r~leaae or
sal~sses wy b~ made writh~out kno~?l~dge or cons~nt of tM Mortga~ar, os af any ~
GrantN or Grante~s of portions of auch prap~rty tt~sretofore sold. _
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