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Home My WebLink About1932 ~ ` p~ r ~ ~ 6 k i & T~ p~y W and ain~ulu thc coets, char~es, expenses and attorney'e teer reasont~bly tncurred or p~W at any Ume ; by tLc ~[ort~as~a+e bscauie o! an,y default ss to uiy stipulatton, agreement nnd covenant ot tbe [wte and thts Mort~e, or cither, or in u?y suit or paocredin~ at la~v or in equlty to whlch Lhe Mortgagee shsll be snd become a party In reterence to the Mort`aQoYs interest in tlie premixs herein mort~~ed, or in sustatNn~ the lien or prlority M thls b[uet~=e; the amounts of eny surh easts. eh~r~ea, expenses and fees ahell aLo be deemed a chuge end la8ebtedaesr secured hereDy and bear interest at the same rate ~?s LhE pl'~AClpv ~I11~~tMDlf~. 7. Lf the eveat of ~ detault in any oi tbe. caven~uats oi this 11[ort~e, the Mort~a~ee !s expc^~aly ~ivea the ri~ht, which m~y be exerclsed at u~y time durln~ the e~dstence oi an~y def~ult and io loag es a detault stu~il e~dst, to trrl~e po~t- aion oi and hold tDe premises~ wlth or wfthout pra.~e~r oi law, and co11eM and receive the rents, lasue~ and prolits therttrom, with or wfthouL tsking poe~essiou of the premisq, and W aAPLY the rrnls, ipues ~utd prollts to tlfe p~yment ot expenses, charges and amounts due and paysWe under the provWons oi the note abd thls Mortga~e. The Mort~or aasiQns aad transten unto the Mortge~ee the rents, iasuea and praets oi the premises 1or the puipose dore~atd. The tak- ing oi posreasion oi tl~e premisea and the collectloas of the rents by the Mort~a~ee shall la no we~y w~lve the rff~ht o! the Moctgagee to ioreclose thls Mort~e~e because of a detault And the Mortg~~ee msy~ at any tirae pcndlt?g a suit upon thf~ MortQase, apply tu the Caurt bavin~ ~urWicUon o! such ault for the appolntment of a recelver oi ~ll and sln~ular the prembea end the renh, issues and pros4 thereot, u~d thereupoa the Court ahall iorthwith, ~a i strict rnnttar ai rl~ht in the Mortaa~ee, ~nd wlNaut out?slderation o! the value of the mortYaged premises Ns ~ecurlty tor the amounb due the Mortgagee~ or the solvency oi any peison or persons bound for tbe payment oi such amoonta. wnd without notice, appotnt a reeeiv~er oi all auch premises with trie usual paveis and dutles includiag the power to rent tt~e premises ~nd to collect the rental thereot and t~enfrom, th~ revenue derlved from uid premises to be applled to the proper charges and expenses attending the receivership. ta~ce~ and sa~e~sments snd other char~ea against aad for the protection of tha premtses. the payment of ths indrbtedness secured hereby, or eis the Court me~y otherwlse direct 8. Tf the premises, or any part thereof, b taken or danu~ed unider t~ny power oi tminent doauin or otherw~lse, than wMtevrr maneys :hall then~by become due the Morig~~or are hereby escigned and shall be paid to the Mortsa~ee, ~sho. atter deducting all aeasunabk corta u?d e~cpenses which msy have Deen incurnd by 1t ixi the collection thereo~ shall ~?pPly the remainder oi the sums n~ceived ta the pay?ment and aatidaction oi the lndebtedne~s ieeured herebq 1n tull or pro- tanto. Any aurplus ot such moneys over atyd abave the amounts necessary to pay in full aIl ix?debtednes hereby ~ecured shall be paid to the Mortr~,ror. 9. The Mortgagee stiall have the right at szsy time and from Wne to tlme, and wlthont notice to or eansent of any person, to releasse any portion oi the premises irom the lien of this Mort~age and to extend the time oi payment of sU or any part ol tAe indebtedners, withcsnt afferting or releasin~ the personal IiabWty of any person lieble inr the ~aymeat of _ any sum or interest e~ecureci hereby and withou! in anywlae eltering, v~?rying or diminiahing th,e fon~e, eifect ar Ilen ai this Mortgage on all of the premlaes not speciScslly released from the lfen of this Mortgagr by the Mortga~ee. The coves?ants herefa conta~sed shall bind, and the b~ne84 and adveuitages shall inure to, t!?e re~cqve heiri, e~ecu- Wr~ adminlstntors, mtcoea~eors~ and aasigns of the psrtiea hereto. Whenever used, the dngular aua~r s6all Include the plural, the plural the ~ngulai', snd the use oi any ~snder st~all iarlude all ~enders. It ia intended that thls Mort~agti u?d the note hereby secured are madt with rei~rence ta and thail he coastr~ed as a F1erWat caattract and ~ovesned try tLe laws thereot. IN tiVT'i'NFS~ WHEREOF, lh~e Mortgagor herelu nemed haa l~ereunto tet hls hand aad seal the duy aud year ~rst above ~vritten. Signed. S~eaiM axed Deltvrrx+ed tn the Presence oi: y ' G~G~z..-~-~-•~'_.1 ~ _._.~$E5117..) Ed~z~d G . M~x~e~ . ~e~ ~i~~* .7 , ~AIL/'1L~ .LiII~lst1~~F,...~1~lt]rZ~iy , ~ , - r t,~,L,~.~.~~~,i ,~%~-u-s~+~ cs~u., f.-..-.--.._..------------------....._.......-•-- 1 k-~--vc~ U ~ ~ .......~:f`~--~_--~-~~ ................................................................._..--------..................cs~.~ BOOK ~„eaO