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Home My WebLink About1243 ~ 4'~~: gu palcy or policiss said MORTG/1GEE shatl h~ve the opNon t~o roaiw ~nd apply me same on accaxit of th~ indebtedness secund Mrebv or ta permit said MORTG/1GORS to receiw and use it or u?y pirt theroof for otF~ purposes withouf the~eby waivi~ or impai~ ~ry equlty, lien or ri ht unde~ or by virtue of this Mortgsga: and i~ ths avent s~id MORTG/1GORS shall fo? any roison hil to keap tM s~W promise~ so insure~. or hil to deliv~sr pro~r?~?tly any of said policia of tinunnos to ssid MORTCJIGEE. or fail pro~~ptly to psy fully any pranium tM~efor~ or in sny ~espect hll to perform, discharge. execute. effect. complete. tarr?ply with snd abide by this oova~snt~ or any part hs~eof, said MOitT GAGEE may plsce and pay for wth inwnncs or any part thereof without waiving or affett! a+h~ cPtian. Ilen. equitY. or Nght urd~ or b~? : virn,e of this Mortp~s, and tM full amount of esch and every wd+ payme~t sh~ll be im~r~e~ately due and paysbk and shsll bw~ interost ~ from the daM thereof unHl paid at ths nte of six ar?d sin-tanths per tcnt per annum and MQetf~er with such intercst shall be sewnd by th~ ~ lien of thts mortgage, 4. To permil. convnit or wtfer no wsste. Impairmont or deteriwation of said properfy o? any put thereof. i 5. It is hereby spccificaity agreed that any wm or wrru whith msy be loaned o? advanced by tF+e Martgs~ae to ths Mort~a~ at sny time aRer the recading of this indenture, together with ioterest therco~ at the nte agned upo~ at the time of wth loan or ~dvance, shill be equally sccured with and have the aame p~io~ity as the origtnal i~dabtedness. and be subject to all the tema and provlskns of ~mortgs~ec ~ Provided~ that the aggregaM amaant of printipal outstandi~g at sMr tima shall not exceed an ~marnt eqwl to one Fxa~dred snd H (15096) of the pri~cipsl amount originally secured hereby, ~ 6. To pay all snd singula~ the ooan. charges snd expenses. includinQ a reasonable stMr~ay's fae s~xJ coats of sbat~ract of Ntk in- curred or psid at any tims by said MORTGAGEE because a in ths wont of the failure on thepa rt of the said MORTWIGOR to duly. pramptly ; a~±~! fully perfo~n?, discharge, execute, effect. canplete. oomply with and abids by each snd every tfie stipulstions. a~rosments, oo~~ditiont i and covena~ts of s~W promisso~y note and ihis mortgaQe aoy o? etther, and said tosts. ti~arges and e~artses, ea~ orld swry. 3lsslf tsa ~ immediarely due and payable; whether or not thero be notice, demand~ sttempt to collsct or wit pending; and ths full anwunt of aach ard ' every such payrt~ent shall bea~ interest from ths date thereof unHl paid at the rate of six and six-tenths per centum per annwn; and sll said ~ costs. charges and axpenses w incurrad or p~aid. to8elF~er with wch interest. shall be secured by the tien of ttds mat~aN. 7. Thst in the event of amr brorch ot this Mort~aage or default on the part of the MORTG/1GOR, or (b) in ths event a~y of saW surm of ~~~ey herein referrsd to be not promptly and fully paid withi~ thirty t30) days next after ths same sevenlly beooms dus and payabb. without demand or notice. w(t1 in the event ead~ snd every the stipulations. ugeaments, cor~ditioris and oovenants of ssid uay not! and thts ~r~ortgs~es any or either aro not duly. P~~Pfh? and tulh? Periormed. dischsr6ed. e~osc~tod. effected. tomPlet'ed camP~~ied wtth ae~d abided by, then in eitt~er or amr wch event, the s~id sggrogste sum mentioned i~ ssld promisso~y hot~ ti~ remsinint unpatd, with interost accnied. and altma~eys secund hereby. ahaf! become due snd Is forthwith. or thereafter. st the optian of ssld MORTG/~CEE~ as iu{ly a~d compktely as if all of the said swns of monsy wero original~pulsted to bs psid on sud+ eby.anythlns in s~id promissonr rwt~s or In this MortQsge to the oontrary not withstanding; and thereupon or tM~eafter st the opNon of said MORRTCJ~GEE. without ~wtioe or denw~d, suit at law w in equly, may be pro6ecuted as if al) monias xwrod hareby had matured pripr tc ifs institutior?. 8. That i~ the event that at the beginning of or at any time pending any suit upon th[s MortgaQe. or to forocloss it. or to mform it, or to enforoe payrnent of any claims he~under. sald MORTGAGEE shall apply to the Court having jurisdiction thsreof for the appointrt~ent ~ of a Reteiver, wch Court sF,atl forthv,rith sppoint a Receiver, of ssid mwtgaged property sp snd singubr~ including all and singular the ~ncome. profits. iswes and revenues from whatever souroe derived. each and every of which. it being exprossly w~derstood~ is heroby mort s gaged as if specifitally set forth and destribed in the graruing and habendum ctauses hereof, and suth ReaNrer shall have a!! the broad and ~ eftective funetlo~s and powers in anywise entrusted by a Court to a Receive?. and wd~ appointment shsll be rnads by suth Court as an ~ admitted ~quiry and a matter of absolure right w said MORTGAGEE. and without referenoe to the adequacy or i~adequscy of the vatue of ths t proQe?ry mortgsged or to the sOtvency or insolv~encyr of said MORTGAGOR or the defendants, ard that su~h rents. P?ofiK, ~noomes. issus~ j and revenues ahall be applied by wd~ Receiver aooording to ths lien or equiy of ssid MORTGIIGEE and the practioe af sutfi Caurt. 9. To duh~. P~~Ptly and fulfy perform, discharge. e~mwte. effect. eomplete comPh~ with and abide by each ud every the stipu- lations. agreerr~ents. conditions ard taransnts in said pro~niss+ory rwts and in this mort~a~e set torth, 10. That in the event the awnership of the mortgaged premises, or any part ti+ereof, beoar~es vested in a persoe other than the MORTGAGOR, the MORTGAGEE, its waessors snd auigns. m~Y. without notice to the MORTGAGOR, cbal with wd+ wooessor or s~iooessoa in i~terest with reference to this mortgage and the debt hereby securcd in the same m~nner as with Mortgagor without in any way vitisting or discha~ing ths Mortgsgo~'s Ilabilify I~r~dsr a upon the debt heteby sewred No sak of the p~emises h~rebY ~S~Sed and ea fore- ~ beannoe on the part of the MORTC/~GEE or its wocessars or assi~ns and no actensian of ths Hme for the psyn~ee~t of the debt Mreby sewrod given by the MORTCAGEE or its sucoessors or assigru. shall operate to release. disct?u8e. rnodtfY. chsnge or effect the original lisbiltty of ~ the MORTGAGOR 1~erein. elther 1n wlwle or In part. s . 11. It t: speclficslly agraed thst time Is of t1w essence of this oontr~ct and th~t no vwiver or sny obUption I+e~nunde? or of the ! obligation saured hereby shall at any time thercaher be held to bs a wsiver of the temns hereof or of the instnurient secured heroby. ~ IN WITNESS WHEREOF. the said MORTGAGOR has herounto set his hsrd and seal the day srd ywr first sforessld. ~ Sl@ned. Seslsd and dellvered in presence of: ~ r' ~ ~ cr~ . uL~~r:.i~~-r.-t.~..~ f-'~~'~ - - ~ - - ~~-'li~~/"~ - ~$~V - , ~ ~ _cs~?u STATE OF D I A ) coytv~r p~ ~cie ~ , ~ y„~., W ILLIAM 1 STRONG ' ~ :'S'I'RONG~ ,~,a ~ his wih. to m. werl Rno,wn, ana ru,awn to n,e to ba t+,e irdividu.k dsscrib.a in ' ,~M fa~oins fr~stn~ent~ and scknowl~sd befon rn~ thst tMy e~na~ted the same for thQ purpos~s ttwmsin ~s~d, ; ; ~ ~ c;:{~,~ .~~a.~a ~i ~i ____a•v A~ril - - ~ ~9 b6. f /j~L..' ~ :C,'```. , ; ~ ; ;j T':'~ n.~•,,_': Noary Pub~k .nd fo~ th. st~te lorid. st ta.~.." ~3~'p ~ ~'''~~~.~~~~,:=~~1~t~t~'y Sea~) ? ~h? •xq'~': %M~~ ~,bic,'Stite of-~ e! Qt ~ i ~~oo~sioa Ex~r, s!;~ar t3: M'r0 ~ ~ ~ lo+Mld y A.,.,K,. a c.i.sY. : t ! ~ ^ _ y~ ~ w ILED AND RECORDEp Z a i - -(~ja' p ~ A > ~ o Z ..idl 0 K ~ A o v a, ~ o~ a N o ~6 ~,~~Y s P~ ~ w < ~ ~ 1~ ~ ~ ~ ~ Z ~ ~b'~s ~ ~ cc o ~ a oc~: ~ " ~ _ ~ _ ~ f~.,~. ~i..t`RK ~I ~i ~ , ~ Q-~ ~ ST. 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