HomeMy WebLinkAbout0964 3. To piace d~J :',r'n::C~s y A.»n _ t: .;s e~a o ~:~s<•. r~t,.j!e o'~ a".f a:i . ~.i p;,s^^~' ~ c~. •ed 5y t~.~s mor'g~
age, w:th a!! p.~,.. 1 -o . ~ f , ~ , . . sL~:: a v _1 ~ ? . . ~n 3 s : a , ~ c r , c~ _ a ,d ..,••~lsr~rm
ins~ranea in tha usual i+3~.i~•c1 F.~,:,c~~ t,. in a s: ; ~h_ M.~3?G4~,:E, ,~n `s~.h e c.;r.~ er e ~nrs .s r.~r '.'O~tiv~ii:i n•ay.
d~rec~; and aii fire ..,.d r.Js~or,,, i~;su•~n~.• ~:o : s c~n , ef s~ d C.:rd ngs. eny inre,es~ !hcrr.n F~,• ~t,,r~c'. in rh~ a.7:~ ~ s~:n ara~esa ci or
in excess thereof, shs!i .onta;n the ~s::_; sra-drei ::~~:~:~,7•~ ...,.~s~~ or s~,.;h o~l~~-r ct~„se as thr .g~3~e n,ay ~r-~~_.~e. n,aA.~~.g t~~,a~':ss vnJ;; s~d F:o!~.
cies, eath and every. ps;.;bc ro saicl '?.JR7GAGEE ~5 ~~llc!dSi :.'lY a~~car, ,rd e,jch ar.a e.c:y s.~ch : s~~,,.~ t~, iron,,~-y au ..~ci de~.z•r:f !o
any hcld by sa;d h10RiG.4GtE as f_rrh~r s•_cvrlry s~ d~•. 0•~9,:~e dec;e, a~,d r.c! :ess than ten it:l d.+,s a,i. ~~,r ci ~he e. r o~~ o~ e3:F~ ro. c~, to dr~
liver ~o said A\OR?C~AGEE a re~:e~~a~ ti~e,~oF, i~~ge'her .ti~tn a r~.a•~ ~ tor ih~• prc n~v:n of s~ch r~~ u~~re s~. . f.r~ . .:xr. .~ns.,r.ince
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pletrd on any of 5a!d b~~ d:ny's, an~ ~i t rrst th r n or part ti~r ~r ~o rss ~n rne fcr,n a d w,~h tr e ~s , s ~•es.~ .d '1 e.e ~t s:, n
of neoney brco nes poy~b.~- L~•d~~r s, c~~ E.~ i_v or N.'_c~~= s.i::i .~1JtiT~,,,~c= 5~ ha.e th.• e~,~ or} to r~c_..~: : i:.::., . sa o~ a~":.. ir of the ~ ~i.::±~J-
ness se~~~red h~•reby o~ ro pesn:~f sad ',t:~RTGAGOR~ to n.cr~.c a~~.d ~sr t or rt .~~~i • . . : . . . ~ .
ing any equ~ty. !~,en or r~ght undvr or by ~i:r~e oi th:s n•c•t~ega; a~-~.d ~n ~h~ rvent sa d,M11~~il,AGC~~ sha~i .,.~.y r~.,so,~ , ro k~~r,~ tFe s:.d ~,~:s:s so
insured, or 4ail to de~~~var promptly nny er s~::i {>ci.c,es ..t ~:~s~~~a:,ce !a sa~d :tiIOR?G:,~cE, c~ r.~:.. ~~a, f~ .y an ~ .~,c. or
respecf fail to pzr.'wm, d sch;:r.~e, erec~te, etr: r c~,~p eie, cc r i~ ,n:rn a„d ablda oy rt~ s iu.e~:, i c, an; ~ h_rccr, s: i ~-.G~ ~ n, ~:ac~~ a:.
pay ior such ~ns~ronc~ or any parl ti~vr~of „ tho~t r:ai~ing or etfe~ring any opi;on, Iien, eq~ +y, o r.ht :_r or b~ .•t~~ o th~s :'ertg3 j:. ~,d thc
full ai;io~nt oE each ar.d 2~.ary wch p~~rndnt Sna~~i be In•,n~ed~a!eiy ti~~ d::d Fxr~ab~a 3~:i! 5~~.~ I h_~.. r.~fetrs! f;o ?ha c1.i!_ 1F,r:cot ~~:tl; p.,~ti at the ldlt G+
nine per crn!u~n per annu•: and t:.,~:.?t~. ~r .~~ih s~c•+ :~~~r:~sr eha.~, ~ icc..:cd I~y th'~e I~en of ih:3 ~nor'gag~'.
4. io permit, eommit or s~Ffer no waste, ~~npz~r.ntrrt or deteror,jt~o:i of s~ d rrcperty or any part thereot.
To pay all and s~ngular the cos!s, charges a d ex~~e;~s_s. ~.~!ud~r,g 3 r^r:soaab!e attom_~'S fee ce~rs of a!~srr:c!s ~f , ircvr•ed oi pa.i a'
dny tirr~~ by s.;id MCRIGAG:E, bec~use u in the rvent ot Ihe fs~~:,~~~' on tne p~n ef the sa:d ,tiI~RTGAGOR d.~ly. F•;., .;•:y ar~:i •.,'~J; p.:~tor,•,, d;schirge
=xecute, effec+, cemp!era; co npiy w~th and ab:de by a~:h and every the srpu a! c~;s, agre~~^~ents, Cond:tions, ac~ co.enan!s oi s~:d ;:ro~~.~ssery nor•, ~~•c ih~n
n,or!gage zr,v or e~ther, ar:d sa d cosrs, chargrs and eaprnses, ea.h anJ every, sha~i be ~rn~ned:atc;y d~r ..^.d pay,b'.r: ~nh~~her e• ncr tr,~~e i:r n~~'~ce dc.
mand, atte•rpt ro coilect or s~~it prnd:ny; and tf,a fu:l ano~nt oY eacVi ar.d e+~•r, suct: e:a,m~nt sh,;:: b~a~ in!_.e:t rrom thc da'e tn:r~•of unti~ paid at ti~e
r,;•e r-ne L`ir ~r•:tu . ~ u..., ,~.i 5dlU :~~5'i, cr,Y~i3 ..'.:1 it~.~.:~.5c5 ~nNrrcc7 Cr E;d:~, !C~Ci!~_I •.4~~t1 5.~ r .~~~~`st. Shi.lil L'0 SeC~~rr~ t7y ihc uern of i~t~.3
mortgage.
6. That (a) ~n the event of any breach of fhls l~lort_;age or dcfau:t on th~ part cf rhe :'.OSTGAGOR, e~ b? ~n the ev~~it any of se'd surn; cf money
here~n referred ro b•~ no! p~cr,'~;,.tly a.^.d fu~iy pa.d w~'k:i~; th rir ~3v; days ne,t itter ti.c s, ,~e se:~r„ :y ceco d~e ar.d payaL:e. w~ti~o.,t de:na .d cr na?,._,
or ~c) in the ever,t each tir.3 cve~~ i~,_, s:.v at ~~s, 7,~'e~J -,e:~•s, c~ ._~.s a~~c! co~cr.ants o! sa d F r~ J<s:.,~ r.~?e ard tF~ s... tg:y~ any or ~ ther a•e rol
~uly. Fron,pt;y and fu iy j.21{C':!',CO. Cj 5:"8`j`-':1, C'RB:U}fJ, B1fBUB~. CO'^',~C1OCI. CC".'.'i. C~ w~!h aed ci_d 5i, then fn e:rh.r cr a^y such event the sa.d ag-
grega!e sum memioned in sa~d p•om,~ssory r.crc :'~en ren•a;nin~ u;;:;a;d, with intc:r,t ac:rurd, a:;d a.: mcne,s s~~:•.:red here'~,y, sia'~ beceme d.,e and par
eb:e forti~with. or theteafter, at the c,,r~o.~ cr s:d G O~'GaGcE, as fvliy an;! :omp e;e:y es it a i of !i:~ sa.d s~-cs oi money '.tiera or:g:~•,a'Jy 5' E;., at_d
to be pa d on suth doy, .jnythi;~g in s~ d c.o,.:ssc~y nor<~ or in tnfs P~1or•pag:, to rn., con~rary ~;ot,~:~hsf~-:~ :~~ti; _•.d therc::,;o~ o~ fi~cre.>.~r_•r a! rhe e,~~,cn cf
said rr,ORTGaGEE, w~iF.~~~ not;,e or demand, s_it at la,v or in eq..~t~, therefcre or t!~~:eafver ueg;;n, mjy b~ rosc:~t_d as ii al; m;;r:eys secured here~q
had mat~reci p••~or to ~ts ~rstl!ution.
7. That in the evenl tnat at ti:e beg:~n ng o` er at any h:re F~end;ng any s_~:t ~pon tF,;s :4'c•t~:~gr, o• !o ferec'.esc it, er to rere~m it, or to enfcrce
paymenr ef any ci3:ms he•e~rder, sa~d t.^.ORTG:,'v'E~ st~ .,:p~., to t!:, Cc.;+i !_.~rg , r.s • r,o• ti for - ~ nt.,-~r,t af a Rec s~ch Co~rt s':a,l
forthw~fh acpo:nt a recei•.er ef sa:ci c'.o•'9ag~d p~e;:ert~ s~~3_~!ar; irc :d ~,g ~ a s : ar t ~ ine~ ,t c.:.rs. ~ss:.es ard re.e, ~es *re n v:h~t._ver
se~ro_ de~ived, each anci every of wh th, i? b~u•q express'q ~r,dc•s~oe.i ia 'r~r-;Ly •rq: _d• as ~ s-. !y srt 'fC~th an:i d~scnb~d in the g!arr~ i.~ a~~.d
Seabend~^i c,avses her~•of, ar.d sucFl RE'CBIl'~f sh~.i have a'~~ the ~~oad o,.d rtiru:ve ic s c_.7 ~C:.B'S ~~~y:.:5^ Cr.'r~5'_d 'oy a Ce.;rt to a Recalver, ard
s•. ch appelntme~~t sh~ll be r. ade br such Co.;rt as zn ad ~-:~?;~d ey,,;ty anri a r, r.!?er oi ~in.~'. _~i,r to s~~r' A'.JRTG.:,GEE, a~ d.ti:t!..,;t refere: r~ to ti,e
adeq.,scy or iradeauacy of the va!ve oi the prorcrf~ mortqoged or to rhr s~ v._nc; ._^c1 c' s~!d t,1CRiGu.G~R er t':e de;e~,d::nes, and ~h.~t such
re~is. F;roiits, inco~n~, iswes and rever,ues sha:'~ ce api.;~ad by such Rec: i.er acc_r~.,,~.to ti,e I.:... eq.,Ir~ oi sa d f:,JRTGraG~c ar.d th_ pracrlcz of s~ch
Court.
To du:Y, pro^'.c?'y and iu:!Y per`orR- d sch3rge. exxu!e, efi•_ct, torrple!e, cca~c:'~ v.i!ii ar::i ab':le by' eacn ar.d ever~ the stl~;u;atio^s, ayree:nents.
cor,d~tions a~d coveraris .n sa~d prom~;scry noce ,rd tn s c,;;r!~3^yB ;rr forth.
9. That ~n t1:e e:^cr rhe cwr.ersh:p Of tF.•a mertga~ed ~~e^•~ses. c~ a•r: p~rt tc:;;~ of. _-~~s ve>r-d in a r.~.soo ;~h.e. ?hs~ f~e ?.'.ORTv?GpR, the
r,a.~R?G.aG_~ ~~s suco:ss~r5 -r.d :iss; ^s . ~ay, J~ _.r to t _ :,ORTG•:p3, a~. , s_...ss_ c' S"C ~ EL• 51 . I:~f'_ ti~ s
~ rr0'!Gd- C dr:j ~ ~ d ~.~t !-.C'C~Jy ,'1 r~^._ s9.~._ .o .~~,h ...,.'~3~J. .i:_.! in .a~ ~it .~,.-3 ~Gr c~ 5 . _ ~1 . _~5~ .~+yyh~r~-
~~r:de o' upcn the de;,t he ~v~cs~c~•~~ti. ~vo n_ s ~~u r~~,~,.g,ged arti r„ ~c•:._zra•._ r E.a , c. ~t:^.. :~:~~;T~.,~_~ cr •s s~.,...ssr.s
or ~ss;g"s ard ro exr=.,slo~ o} •he t,_ •i~ cr !re d_1.• h• .+y _~d o._ ~ b; ~n_ ..:~'C~ ~,;E er ,~s s~cce>sors er ~ssg~~s, a~:a,l opero!e
ro re case, d scharye, r.~cdlir u~er~3e cr ~'fe:~ ti~.~ _.;I o; ti~: `:47vAGOR t,erF!r., eiti:er in whc;_ or ~n psrt.
10. It iz ^ec f c=i,y ;:c~end rhar t;.T•c. is er the ~sse=;e of r'r,ls co~.•,acr a~.d rhat no wafver of a^,~ ot' g~~ c~: hc;e;~•aer cr o` ih~ ob''.~gaNon se-
e~red heree~ sha~~ sr ar; ti~,:_ •,,.,r;-after b> n::d tv b~ a.._ .~r ci re.,, s herrc~ or of thc ~.,s~r.; :,cr~ s~:v•ed F.c~L~.
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tne I.^.G~ViUU3~5 desuiced 'sn and v:h~ e~eu;ed tha torego~ng inatrument, and acknow~ec~ged before me ihat th_y exec.;'ed ti~~ ,_•rce ',or tne purposes
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