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Home My WebLink About0313 # t A~ro snio aoaTGr~GOR does hereby covanant v~ith the Mortgagee that seid Mortgagor, at the time of execution and cbtive~y of these p~esents, is the a:soluta av~er of and in possession of said~Rcrtg~ged prope~ty; that he has a good right, full pa~rer and tawfut authority to ca+vay the saine in the mannar and fonu he~ei~ set forthj that said prope~ty is free and ciear of all iiens of ~vh~tevrer nature, except ss specifically mentia~ed hsrein, a~d Mortgagor fully war~ants the titte to said property and wili defe~d tl~e same agai~at ail la~vful ctaims and danands except frcm the ~.a~~a~tfes contained in ths ancumb~ances herei~ specifically set forth. Ai~O THE MORTGAGOR does he~eby fu~the~ carenant, prcmise a~d ag~ee with the Mortgagee~ its successors and assigns, as foitavst i. Mortgsgor wi11 not cammit any waste, or ~,reaken or impair the security of this mo~tgage; ti~ill pay, prio~ to cklinque~cy, aii taxes and assessments ievied or in~osed on satd'prope~ty; witl keep the mortgaged prvpetty insured in such manner and in such amounts as Mortgagee may requi~e; a~d wt11 ~ot ranove any chattsis, if included i~ this ~tgage, fran the p~eniises vA~ere they afe naw s~tuated, without Mortgagee~s written cansent. 2. In the ev~ent of suit to foreclose lhis mortgage, Mortgagee shaii be entitted, as a matter of right, without rega~d to the value of the mo~tgaged property or to the sotv~ency of Mortgagor, and without notice, to ti~e appointn~ent of a Receiver of the mortgagad property and the incane and proffts thereof. as well as payment of al i costs incurrod, including atto~ney~lk f~es. 3. In the evant of Mortgago~~s failure to psy taxes, or to keep the p~anises insured as requirod, Mo~tgagee msy, at its option, but is not roquirod toymake such payments, and the sums so advanced shait be repaid by Mortgagor with interest as provided in the '~Obiigation" a~d said awns so paid by the Mortgagea shalf be secured by this nwrtgaqe. 4. In the event of any defautt in the terms of the "Obltgation" or this mortgage, Mortgagee may, at its option, decia~e the whoie inckbtedness ~ secured he~eby to be inmedlataly due and parabie. ; ~ 5. That no axtension or inodificatian of the payments of the ' ~ indebtedness, and no rotease o~ anr part or pa~ts of the mortgaged property, ~ or of other coitaterat securing the above described indebtedness, ev~en though I made r,ithout consent of the Mo~tgagor, shalt release, relteve, vr discharge ~ ~ the Mortgagor f~am the pay~nent of any wa~s hereby securod, and Mortgagee sha11 ~ have the ~ight to release f~an tha tien hereof an~r portion or portions of the ~ mortgaged prcperty, or other cotlateral held as security for said i~debtedness, ~ ir~espective of the value of the ~eleased portion, without affecting tha lten ~ he~eof as to the portion or portions not reteased, no~withstanding the fact that ? ~ such retease or releases may be tnade without knvwledge or consent of the Mortgagor, t ~ or~of any Grrntee o~ Grantees af po~tions of such property theretofore sotd. ' ; IM 11ITrESS IfHEREOF, the Mortgago~ has signed and seated ti~ese p~esants i the dzy and year flrst above written. • ~ YII.L~ B~l~ ~D. PI~T1+D16 T. 8~1~~ d/b/a . ~ Signe seated, and delivared ~~s in t prese ft ~ ? (SEAL~ # ~ iiil]~,s Ba~loer ~ ~ t ~ ~ ~ ~ c~ I l ~SEAL) ; ~ tness • ~ ~ # , ~ i _ ; ~ ; a i s - eooK 143 312 ~ ~-:a-^~ - ~ f~_ „s,,i.~-;yn-Z,~. ~y ~~s:a ' - ~ -~rT:.'{;