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Home My WebLink About1751 . ~AID S~ID l~OAO~ do~t hsreb~ co~~es~tL ttit~ t~r Iio~rtgag+~ that said Mort~aga~, at the tias o! eacecu~ian aad dslirery o~ these prasenta~ is the absalut~e ownar c~f and ixi posseseion af eaid arart886~ Ps'oP~'~Y3 ttia~ hs haa a 6~ ~t, ~ Pa+er at~d ].axtlil sut~t~o~rit~ to canve~ the aame in t,hs aaoner and fora herein est lorth; tbat said p~operty ia flres and clear o! all liene af ~+hats~er aature, e~xcept aa specifically mentioned hereia, and Mo~tga8~ ~~Y ~n~rraats the t?itle to aaid propsrttiy a~d ~rill def~ud t~he aa~na against all ].a~+t111 s claiaia and deiosand~ eo~cept fram the warrant.iee contained in t2~e encum~brancea herein speciticall~ set forth. ~ ~ AND T8B IYpRT(}A((~t does hereby ll~rther ccnrenant~ prasias ard agres xith the Mortgages, its succeasors and assigna~ as lolla+s: 1. Mortgagor xill not caaait a~? ~a8te~ or Neaken or 3mpsir the aeQUrity ot this mortgage j Mill P~U~~ P~or t,o delinqu~e~ct~?s all taxea aad asseeaments levied or 3mpoeed on said property; i+d.ll keep t,he nrortgaged pr~erty insured in auch manner and in snch asovnts as Plortgagee ~y reQuire3 ard vill nct remta~ve a~y che~ttela~ if inclnded in this martgage, lfraa ~hs psa~isea rhere they are no~ situated, ~ithaut liortgagee~a Written consent. 2. In tbe ev~ent of aidt to loreclose thie ~ro~gage~ Kart~ga6ee d~a?11 be entitled, aa a noatter of rig~t, xit,hvat regard to the valu~e ot t~he moart,g~aged~ P~'oPe:'tY cac~ to the eolvency o! Hortgagor~ and ~+itbvut notice~ to the appointmen~ of a Receiver of tbe nortgaged property and the incae~s ani ProPits thereof, ae wsll as paymeat a! all costs incnrred, including attorneiy~a fees. 3. In ttre ev~ent of Mortgagor~ s failure to pa,y tazea, or to keep t~he premisea insured as reqnired, I+~rtgagee may, at its optiaa~ but ia not rsquired to, make auc6 payments, a=d the suma so advaz~ced sball be repaid by lic~rtgagor vith interest as provided in the *abligation~~ aad eaid Suma so paid by the liortgagee shall be secured by t~his mortgage. 1t. In ths event of atq c~fault in tbe terms ot t~e °Obligat~iou" cac~ this mortgage~ Hortgagee map?, at 1t,a option, dec].are the vhole indebt~eciness aeaured hereby to be imnediately du~e and payable• 5. Zhat no extensiau or modiYication o~ the pa~ents of the iudebtedn~ese, aal no release a~ ar~ part aa~ parts of the mortgaged ProPert3?~ ` or of other collateral securing ths above described indebtedness, even thongh mads ~rit.haut conse~?t of the l~rtgagor, shall releass, relieve~ or discharge tbe Iiortgagor ~ras t~he p~yment oi a~r sum8 hereby secured, ar~d l~artgagee ahall ~ t~ave the right to relesse f~as t,he liea hereoi auu~ partian or portio~ne of the martgaged prcperty, o~ other collateral held as securit~ !ac said indebtedr~ess, ~ irrespective of tbs value of the relessed portion, ~ritbont affecting t~e lieaa t hereaP as to the porticn or portio~s not relessed, notwithstanding the Yact that such release or releases m~y be made yithout IuwRiledge vs ccoseat of the Mortgagaa~ or oi a~r(~rrantee or Grauteea oi portions of s~ch~pa~operty theretoYore so1d. Ii~i WITNffiS tbe l~iortgagor has aigr~ed ud sealed t~hese presents the day and year first abave xritten. Signed, sealed, and delivered in the presence oi: (SFJ1L) ~ i / itasse ~ ~ ` • ~ G`Lrh (S,BA,L~ . tassa B. ~ °R145 549 ` 800K _ i. . . : _ . . . _ . . . _ . _ . _ . . , : _ - ~ .R.. - - - . . . _ . . . _ - sz- _