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Home My WebLink About1773 I , k ~ - - _ ~ ~ ~ provided for comes due, aud ahall with thc intexrest thercon be secund by th~se presrnts: but by thr paymtnt r': ` ~f any sum hereunder thr mortgagee will not be held to have waived an~ right accruing to it beciuse of non- °i ~ paymrnt thercof by the mortgagara, #r ~ ~ To waive the btnefit af al! homestead cxtsaption or exemptiona as to all amo~nts sccuerd herebv. ~ ; 9. To pcrform, comply with and abide b tuh and cvcry the stipulations, agreements, ca~:ditions and ~ : ~ covrnants in said promissory note and in thi~ ~esd att fotth. ~ ~ ? 10. That granting any e~ctension or eztension~ of the time of payment of the aforesaid note, or waiver I~1 of or failure to exercise the right to mature the whole debt shall not affect the lien hereof or the rights of ' the mortgagee hereunder or opecate as a release from any liability on said note or this mortgagc; and fur[her that acceptance oE part paqment of any installment af priacipal or intenst, or of part performance of any ' ~ co~enant, or delay for any period of cirne in exercising the option to mature the entire debt, shall not opera- ~ at~ as a waiver of the right to exercise such option on account of such default, or any subsequent default. ~ lI. If any of said sums of money hetein referred to be not promptly and fully paid within thirty days neat after the same severally become due and payable, or if any and every the stipulations, agreements. conditions and covenants of said promiss~ry note and this deed, or either, are not duly performed, complied . with and abided by, the said aggregate sum mentioned in said promissory note then rema~ning unpaid, with ~ interest accrued to that time, and all moneys sec.urtd hereby, shall became due and payable forthwith, or ~ thereafter, at the option of said mortgagee, as fully and completely as if all of the said sums of money were wi hst ln}dingpuanddther uponlo~chereafter,yat thehop ion of sandtmortgageeis mhoutgno~cehor~dernand, suit at law or in equity, may be prosecuted as if all rnoneys secured hereby had matured prior to its institution. a.: ~ ~ The mortgagee may foreclose this mortgage, as to the amount sa declared due and payable, and ::~e said ~ premises shall be sold to sacisfy and pay the same together with costs, expenses, and allowances. In case of + partial foreclosure of this mortgage, the mortgaged premises shall be sold subject to the continuing lien of ;4 this mortgage for the amount of the debt not then due and unpaid. In such tase the provisions of this para- ; gra~h may again be availed af thereafter frorn time to time by the mortgagee. ~a 12. Nn waiver of any covenant herein or of the obligaiion secured hereby shall at any time therzafter ~ be heid ta be a wai~er of the terms hereof ar of the note secured hereby. ; In the event of default in any particular as herein provided, or should foreclosure proceedings be insti- [ ? euted hereunder on account of any breach or viol~tion of any one or more of the covenants herein, it is ;y ~ ~ covenanted and agreed that the mortgagee, its succes~ors, legal representatives or assigns, shall immediately : be entitlcd as a matter of right and without regard to the value of the premises or of the personal property ~ ~ hereinabore described, or Lhe solvency ~r insol~ency of the parties, and without notice to the mortgagors, to the appointment of a receiver for the mortgaged premises, and the rents, issues and profits thereof, with the ~ usual powers of receivers in such cases, and the said mortgago:s censent that during such receivership the said ~ receiver may be coneinued in possession of said premises during the pendency of any foreclosure, and until the time of sale thereof or thereundet, and antil confirmation of said sale by a court having competeni juris- " idction. r v ~ ,;1 Tt is undersrood and agreed that the martgagee may at any time, w'ithout notice to any person. ~ grant to the mortgagars any indulgences or forebearance, or aay eutension of time for the payment ~f any ' indebtedness secured hereby, or allow any change or changes, substitution or substitutions of any of the prop- ~ ert} described in this mortgage or any other collateral which may be held by ihe rnortgagee withour in any ~ " manner affecting the liability of the mortgagor, any endorsers ~f [he in~ebtedness hereby sec~~red or any ~ther Y,' ~ person for the paymcnt af said indebtedness, together with interest and any other sams which may be due ~i: ; and p~yable to the mortgagee, and also without in ~ny manner affecting or impairing the lien oE this mort- ; gage upon the remainder of the property and other collateral which is noi changed or substituted; and it is ~ also undcrstood and a rerd that the marL a ee ma at an time, without notice to an *san, :elease an s sg v v Y~- y y portion of the property dexribed in this mortgage or any other collateral, or anq portion of any other ~ol- ~ ~ lateral which may be held as security for the payment of the indebtedness hereby secured, either with or ~ without any consideration far such release or releases, without in any manner af~ecting the liability of the ~ mortgagors, all endorsers, if any, and a11 oiher persons who are or shall be liable f~r the payment of said i indebtedness, and without af~ecting, disturbing, or impairing in any manner whatsoever the validi:y and priority of the tien of this mortgage for tbe full amount of the indebtedness remaining unpaid, together with ~U ~ all interest and ~dvances which shall become payable, upon the eneirP rernainder of the mortgaged ~±ropertq ~ which is unreleased, and w;thout in an~ manner affect'sng or impairing ~to any extent whatsoever any and ~ 'i a;l other collateral security ~which may be held by the mortgagee. It is distinctIy understood and agreed by the mortgagors and mortgagee that anq release or releases may be rnade by the mortgagee withaut the con- , sent or approval of any other person or persons whomsoever. ~ 1 The mailing of a written notice or demand addressed to the owner of record of Ehe murtgaged prem- ~ ises. or directed ta the said owner at the last address actually furnished to th~ mortgagee, or if none, directed ; to said owner at said mertgaged premises, and mailed by the United States mails, postage prepaid, shall be ~ sufficient notice and demand in any use arising undec this instrument and required by the provisions hereof ~k or by law. ~ ~ The covenants herein contained shall bind, and the benefits and advantages shall inure to, the respective e.' ~ heirs, executars, administratars, successors, and assigns of zhe parties hereto. Whenever used, the singular . , nurr.ber shall incl~de the plural, the plural the singular and the use of any gender shall inClude al! genders 5~ , ; and the term "mortgagee sha11 include any payee of the indebtedness herehy secured Qr any transferee ~ ; thereof whether by operation of Iaw or otherwise. M~. ~ All interlineations and erasures herein were made prior to execution bq the mortgagors. ~ ' TN WITNESS WHEREOF, the said mortgagota have l~ereunto subscribcd their ~ames and a~aed their seals, the day and year first above written. ~ Signed, seaIed and delivered in ihe presence of: , --i.- z-~~`~ ~ , / ~..--`---C11:._i ~ ~ (Szal) ~ 7 ~ • ~ ~ ~l r1 P o ~ an Broder ~ ` ~ ~ ~ " ~ ~ ~'L. ~~L__.~ ~ (S«1) ~ - (as ~o a11 parties) J~ H~~i:rqder U l ~r: g~~:~ ~71