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AND S~D ~iwt doN ~b0? oa~aA~ ~titi t~ Kor~,~ ~at s~id
Mo~a`orj at t~b~ faa~ o,! ~oceau~ica aed dsli~ et tb~s• pa~sents, is th~
absolntA a~nrr cd aod in posaesa~ico a! aaid ao~rtga~ed ProPert~?3 ~at he bae a
6oad ri~bt~ lbll poMeac snd l~aitlil at~tt~oarit~ t~o ca~ ~bs s~s isi !~s awa~ea~
and foara hsrein aet lorth j t~at eitid p~opert~ is l~ras and alear at all liens at
~fiatamsr nature, eoccept as apeailYcal]a? ~s~,tiaasd herein, ~~6i6~ ~~,Y
xarr~nt~ tbe tltlt to ~aid prope~rt~r a~d xill det~nd t~hs e~s against all lawil~l
clais~e and de~ar~da eoccept h~cta tbs ~arra~c~t~iea caat~ained in t~Le encv~braaces
bersin apsaiticall~r , set forth.
~?AD ~ l~Ltl~ c~oe~ bsreb~ llirt~her ca~eoant~ pradLes and agres vit5
t,~s Moart6a6se?, ite auaoeascars and a$sig~ns~ as iollars:
Z• !io='t6a8'or irill riat car3t ~y ttaate~ or xeaken ar 3npsir t~e
aecnrity o! thfa atc~'t6+~6si ~rill P~y?,, P~rior to delinqusu~7, all t~cas and
as8eseaeats le~ied o~ iapoaed on said ProP4rt,~3 idll keep the mort?6s8ed P~P~Y
ir~sured in auah Mnnsr and in auah a~o~unta ae lrtortgagse asy requirs3 ~rd ~till
not reiove a~q cbt~tols~ i~ incloded fa tbis martgage~ t~aat t,he presiaes whsrs
they are naW aitutted~ ~rit~aut ![oa~~gagve~s xritten conaent.
2. In tbe ev~eut o~ stdt to faaceclnse tdie a~aa~gage~ lbrtgag~ee ahall '
be entitled, ae a~eatter o! right, trithvnt reg4rd to t~he valus ot t~he mortg~ged
po~o~pert~r cac t,o tLe aolvea~cy art l~[aTtgago~~ aaci trithvut notice~ t?o the sppciat~sent
of a Ra:ei~er of tbe ooart6agad Praperty and tbe iacams and proPits ther+aof, as
~ell aa paymant ot all ~osta incurred~ fa~aloding atto~s~~~s fees. +
3. In the ev~e~t oi 1~oa~tgagoT~ s irailure to pa~y? ~a~caa, or to kaep tbs ~
pre~iaee ina~red as reqa3reds Nort6aQee a~?, at it~s opt~iou~ bnt ia not Y~quired I
to~ maice such payrenta, and ths auues ao advaoaed ehall. be reP~d ~Y ~tB88ar'
xith 3ateres~ as praivided in t~t~e ¦~ligatios?" and aaid ~ns so paid by tbe
1'~tgagee aball be secured by tbia mortgsge.
!t. Zti ttr a~?eat ot at~ d~tault in tbe terme at the •Obligat.ioa4„ oo~
t~hia mort,gage~ 1~1oY't8ages ~rs at it,s opt,~.aai, dealare tbe ~rhole indsbtedness
aecured bereby to bs ia~sedi~atel,y dw and pa,yable•
5. ilLat no eoct~ension o~ sadd;ricst,io~ ot tt:s paymanta of t6e
i~sbt~ed~n~eae, aad no rsl~sass of a~r parb aa~ parte o~ tbe aaac~gaged P~P~t9~
or of ot6er collateral aeauring tbe above described indabt,ednass, evea tbangh
meWs nithon~t ao~t o! t,be Kortgaga~~ shtll release, relieve~ or discharge
the 1~ortga~aa~ l~ra~ t6a pyoeat o~t ~ sume herei~y eecnred, aod l~a~rt8agee atiall
have t~hs righL to releaae t~aa tbe 2f.en hsre~t ~r pa~W.oa ar portiaos of ths
ma'j't6~6~ Pr'~~Ys or otber collsteral hsld as aecurit~? !ar said indebtedne~ss,
irrespectiv~e of t6e value oY tbe relensed portion, vitLo~~ affeating the lian '
hereof aa to t~he portiasi or portSa~ not re]sasecl, aot~dthstandipg t~he fact tbat
snch rel,ease or releasea m~y be made ~tithaut icr~ledge oa~ ccosent o! t~be Mortgaga~
ar ot an~ t~raatee or (}ranteea of portiaos oY saah paraperty t~eretofore ao1d.
IN 1dITl~SS ~t~0~, the tiortgagor twe aigned and aesled t~bese preseats ~
i
t~?e dsy? at~d yesr f'irst abrnre xritten.
AIBXftT BLiC.KHURN ADSIKS AIdD 8DIY8 H~ATtBT ALgIl~iS
SigAed, sesled, and deliv~rsd ia ,~/b/a A~CIKS MANOFACT@tIl~ J.hi~TSIBRS ~
tbe e afs
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Sdith xargaret e
Bo~K 149 298
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