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Home My WebLink About1299 . • • . ~ ~ r tha de&cienuy. 3uGhp~?m ent shall be m~de withia thir~' (30~ d~ya i?tt~ee wri~tAp nouoe trom U?e Moct~ges statiag the ~nnouat o[ tpe de6cieacy~ which aotice may be ~veioi by msll. If a~ aq~ tims ths Mort~,wgor shall tendat to fbe Martgages in aooordaaoe witt? t6e pmvaans oi t6e aots ~ecue+ad hersbj, iull p~yns~at ot tl~s entu~s indebt~edaee~ repre~ented tbereby~ U?e Mortgsges ~ true~es shall~ ia oumput~iog the ~mount ot such indabtedneea, credi~ to the sooouat ot the M~agor aqT credit b?lwoe re~nsinwg ~undee the proviwons oi (s) of esidp~u~np h~. I[ thers shsU bs s deta ~ under any ot the proviaions of t~his m~~ resWtins in a publio es~l oi tbe premises oovered hereby, or d Lhe M~tg~ aoqwces the PruPee'ty ot~-erwiss d~ae detaul~, tLs Mo~rtgagee as trustee ahaU ~pply. ~t t6e time ot t,6e oommeaoemeat oE sucb prooeedings ot a~ the~time the pi~ert~ is otLer~vise aoquired~ the amoun~ tLea rem~iniag to crea:~ ot Mortgagor unde~ (~~ot p+~'~'~!Pb ~ P~~S a~ credi~ oa the interes~ acc~nd and wnp~id wd the baU~nce to ths principal en i+emaming iwpaid on a~i note. a - 4. ~A ~Q ~ i1 ti~lf~ ~ wi~!! I~1l~~ ~ O~b!!~ ~ Q! IDUO~P~ O~IaI'~ 8~ ~t~00/~ ~0~ wb~ ~0~~00 bY ~ b0~ IIIf~ ~'l~II~al'A~ iDd 18 a0[~111L ~1'e0~ ~0 ~0l~~ m~ ~ ~ vs; aad ~ bi wiU prompf~ delive~ t~6e oidal reed~s t6ee~eta to tLs Matp~e~. ~ He wiD p~emit. eommiR ce w~e~ so w~t,-iop~teme~ ar detaio:atioa ai ~aW pe~opeet~r oe ~moept re~oo~bM w~e~ ~d teat• aad i~ fbs ew~a~ ot ~bs ~ at tbs M t~o k~eep tbs b~ ~ per~4i~a aad tho~s to bs ee~e~ aa rid pe~eeoiw, ae impro~ra~ebnt~ tbee~eos.~~ood repair t6s Mort`~es my? d eaoD aad ~ ~uei~ip~lmea0 ~aD~ ~ Py~bls i~ie~ (m) d~ ~~d~m~~d, an~ ~ll bs ~d ~ tl~ lies at ~is moet~. ~ - . a. He wiU pw? sII~ aad ~iniuLt tbe oal~, a~a1 a~pra~, isalndiai re~ooable lawyee'~ iee~, a~~nd oorh - d ab~aa~ at itde, i~enered a ptld at aa~ ~ims b~r «~~es beau~s ot tbe failurs on t,hs p~rt cf t,Le Mort~oe ~e~peo~a ~sll bs ~med~e~r dns and P~U?abls~ aad ~~iU~iecured by tbe ~aa~o~t~s, ao~~~ of tLi~ 7. He w3D aondao~n~ maintais ba~atd i~utaaos, d wcb t~~ps o~~p~ and amonnt~s a~ Morfg~g~es nu~ 4om tims to tims requiro, cai t~hs impe~o~e~ent~ naw oe bee+eatter o~ nid " ' aad esoept wLea p~ment ~ alt aich p~e~n~ bas ~ars been a~ads nndee oi par~h ~ will proapp wLes dnsan~ pe+em~nms tbsre[or. All insuranos ~all bs aarr~ed in oompames rppro~ b~ l~i and~ po~- aies and reo~a~ t~oi s~a~ bs ~dd b~ Mortga~~es aad ~ais aLt~ed ths~~ br p~~ablSQ~~ c awa ia fa~or at . ~ad in form a~oo~tab~s to tbs M In e~ent at bes ~S wiU gi~e ~te not~os b~ mail to Mo~gages, and l~ my malos peatt~N~=it noti mads pe~ompt~ b~ Mortga~o~rl aad e~ch imuranos oompaR7 ~oa~~aed apt~oeised aad ditroted to ~nnaioe p~enti for snch lo~s direc. to M~ ~ o~ to l~ortga~o~ aud joiat~, aaid ~ iawrano~ pe~ooeed~, or sq~ Paeti m~,,1 bs +~p ~to~t• ~ges at its option eit6er to tbs reduct3oa oi t~s indebtedne~s bsreb~ ~eau+ed or to t~s resto~stion 4~' rsP4ir at tbs pe~op~ dam~d. In e~ent oi foa+ec~oa~re oi fbis~rt~a~, or ot~ traaefer af ~iNe to tbs mo~sg~ed par~j in t oi tLs indebtedne~s ~ecnred Lereb~; aII right, titk, and interesti oi tLe Mortgsgoe r ~a~d,, to ~ insuraaos po}ieies tLen in foros ~aU pw io tLs purobs~ee oe grantes. ° 8. He will no~ e~secute or file of reoord sn~y instrumeat w6ich imposes a restriction upoa the eale or oocu- p~7 P~P~'~Y described herein on the basis oi noe. oolor, or creed. 9: Yf, Lpe premieee, or any psrt there~f, be oondemned under the powez of eminent doauin, or aoqqired for a ublio use the~~~ swarded the proceeds for the~~ ot, at the comaideration for such aoquiai- tion, tpo the eitent ot the fuU ammmt of the remeinu~g unpaid indebtedness secured by t6is mortgage, are hereby aesigned to t~he Mortgsgee, and his heirs or aseugns, ~nd ahall be psid forW~with to said M- aesign or his ee to be applied on e?ccount oi the lsst mata~ring inatallmente oi such iadsbt~nes • pro~ided; ow- th~ort ee or his psy direct to the Mortgag~or, Lis ~ein or a~signs ever, ~g sssignee, msy st his discre6ion sny par~ or s11 of~ch awsrd; prorided, that if the losa is guaranLeed or insnred, the c~oneent of t6e giuran- tar ~ msur~r is obtamed in ad~aaoe of said Yment. 10. Tha Mortg~es may, atanp Linms ~~'ng wit upoa this mo ~~PP1Y,to t,6e court luving juri~ii~- Lio~n thes~eof ior the ap intment o~a,reoei sueh eowtt ~6~11 fo~t~ a~wiat a roceirer of the premisea oovered henby all ~singular, ~ ,singuLr tL~e inoame, prof ts. ~esues, and re~enues irom what- ever som~oe dein~ed, each and every oi ch it ~pre~sl~ under~tood, ~s hereby mortgag~ed as if speci6c~?Uy ~et iorth and de~xibed in the ,S~antin~ an~ b~um clauses bereol. Suc~ appoiatm~at shall be made by such oourt as sn admitte~ eqwt~ aad a matt~ oi ~b~o~ate righ~ to ssid Mor~gag~es. aad wiihout referrensee to ' tbe adequae~ or ~w~r of the ~due oi ths Pmperty morte~6'ed or to tLe solvenc~ or inso~venoy ot said i Mo tgsg~or or the defen ants. Such rents pro6Ls, moome, ~esues, and reveaues ahall be applied by such receiver ; acoo~ 'rdu~g to the lien of this mortgago aa~ the practice ot such oourt. In the eveat of my default on the part oi the Mortgagor h~+snnder, the Mortgagor a~rees to pay to the M on demand as a r~asonable monthlv e PC rental far tl~e premises an ~ount~at leasti eqmvale~at to one-twelftL of tLe te oi the t~relve monthlv inatallmeats payable m the tLea cun+ent year plus the a~ctual amount oi tLe ann taxes, adseeements, water rat~es~ ~ad 'msuranos premiums for s~ year noti oovered by tLe atoresaid anontbl7 P~Y~~ 11. In tbe e~enti of sa~ bre:ch oi thi~ mortgag~e or de~aulL oa tbe part of tLe Mortgag~or~ or in tbe eveaC tLat aa~ of said sums of mw?ey herein rei~rred to be not pmom~dy aad fullj paid rooording Lo tbe tenor hereof or in the eveat t~bst eseh aad every tbe stipuLtion~, a~e+eb~a'dets oonditioa~s, and oovenaata of asid note anc~ t,6is mo~, are not duly~ Promptly, aad fully pertormed or i~ tLe Mortgagor be adjndica~ed banimipt or made defw anti in ~ baakruptcy or reoaive~hiF prooeedings; tLea in eitLer or any suc6 event, the said aggre- gate smn meatioaed in said note tb~ nnpaid, with int~erest accrued to that time, and all maney ~o ed ~ecured hee+eby ~hsU beoome due and p~yable orthwith, or thereaft~er~ at tbe option ot said 1liortgagee~ as fulUr ~nd oomp~etsly, as if all tbs s~id sums ot monay were osiginally atip~1~~ to be paid oa sucL day. aa~ thing m said note or m tLis mort~ag~e to tbe oontrary notwitbstanding; and t,h~e+enpon or thercatter~ ~t the option .Q sud Mortgsgee, ~rithout notace or demand, suit st Isw or ia equity, may be proeecuted ~s if all moneva secured hereby~u?d matured prior to ib institution. The M may foraclose this mortgage. as to t~e amoimt su declared due aud p~yable. aad tbe said pnmi~es shall~i~id to eatisfy aad pay the s~me tog~et~r ~vitL oosts e~cpenses, and aIIoRraacas. In case of p~ial fo~osure ot t~s mortgage, the mortgaged prera~ses ~LaU be sof d subjeot to the ooatinuing lieA of tbis mortgag~e for tLe amount of t~?e debt not tben due i?nd i~npsid. In such ca~s tbe pro~ oi this parag~agh may agwn be avaled of thereaiter fiom Wne to time by t~ee ~ 1~ a No wni~er oi aay ouvenan~ he~ein ar oi tLe oWig~tioa ~ecured henby sh~l at any t~me thereatter bs Leld to be s waiver of the terms hereof or of tLe note ~ecured bereby. ~ 13. 1Le liea ot thi~ instsumen~ shall remau? in full foroe aud effect during u?y postponement or extension oi the tims of pspmeat ot ths indebtednee~ or an~ part thereoi secue+ed hereb~. 14. TLis i~ givea to secure the purchaoe money, or part t~?ereof, of ~Le laads hueia deacribed aad is eacecuted~~~elivered oontemporaaeoudy with the deed the~+efor. 15. If the Mortgagor default in any of t~e ooveoanta or agceewwts oontained henia, or in esid aote, tLea tbe Mortga~ee may perform the wne, and ~11 e~pendituc+es~including reawnable sttocney's fees) made by the Mortgag~ea m so dom' gahaU dr~w iatRrest at the rnte pro ' ed for in tbe priacipal indebtedness, and ahall be ~ yable ~~(30) d~ys atter dem~ad, and, tog~etber rrith iaterest aad oosts aocrued tLereon, ohsll be aecured tbis m 18. Opo~ tbe request oi tLs M~~~~ the Mortgag~or s~aD eu~ecute aad d~iveer ~ wppk~ental note or nntes fur tLe sum or wms advanoed b~ t~e Mortgag~ee iot tbe altent3on, modernisation, improvement, main t~asos, or repair oi ~aid pnmi~es, fo~ t~u~es or asrermeate sgainsti tbe same ~ad for an~ otLei purpoee snt~wr- i:ed hereuader. 3~id note or note~ ~haU be eecured Lereb~ oa • pasity with ~d as tully as it tLe advance e~ideaoed tbereb~ wars iadnded in tLs note Snt dacriObeRd Said sup~tal aote oc notes a1u11 bear 600K - - - - _ _ ~ .._w. , . ~ - , p ~;i