HomeMy WebLinkAbout1494 AbD SAZD H~ doN ba~bpr ov~'en~~ ititi t1M lfort~,~M thsL sa3d
1'~oY''~la~o~i aL t~d~t ~ at ~oceautiaa and d~lir~r ot these preeeats, is the
absolnt~ aadsr at aad in posae~aioa at aaid aa~tga~ed P~roPart~?3 t~hat hs twa a
6~od rig~t~ 11~1]. pa+er a~t~d 7aa~t1i1 authoarit~ to aaen~ tbe aaa in tbs ~ne~ ~
aad lo~t barsin aa~ torW; tbat said properttiy is tyros aod cl~sar at all liena ot ;
wltat~sr utt~re~ aucept aa. specitically santic~asd harein, aond K~oa~tgsgor i~13y ~
rars~anta tfis tit1~ to aaid ps~oprrt, ~d vill dst~d ~he aaaas againet all lavit~l
claiioa and de~ande ~occept lY,as the warrant3aa caa~t~ain~ed in tbe encuo~brancea
hersin apscitical3,~ se~ forth.
iND ~ MDIt'~Jl00Et dosa bsreb7 tl~cther avrenant~ pramiae and agres vith
txis Moartgages~ ita auccesao~s and a~aigaae ~ as iollo~re :
2. liortgag~oa~ rill not aa~eit w~y Yaste~ or vea~cen or impsir the
aeaurity ot t~3s ~'tgags3 vill Fa~Ts P~ar t~o delinqusnay~ all t.axes a~ad
• assea~oent,s l~isd or iwpoeed oa eaid P~POi'~1?3 will keep t~ mort8a6~ P~aPe~Y
3nsured in suah ~nner and in snah a~u~nte aa Moi't8ages sy? require3 and ~fll
not re~oo?e arqr ct~tttsls~ if inclnded ia t~s stortga~af !'raa t,hs pare¦tisea ~here
thep ars nai situatad, ~+ithaat l~ortgagoe~e written conseat. ;
2. In tbe ev~snt o! atdt to laa~sclose tUis ~o~tgage, ~tgagee a~a21
bs eatitled, as a satter of ri~t~ xithatt regeu~d to t~he valus ot t~e awrt~g~ed
p~o~srt~r aac to t?be solv~eoay at l~o~tgago~', aod vithaat notice~ to t~he appointmeat
of a R~soei~rer oY tbe ao~t8a8sd Property atd t.hs inca~s a~ad proPits tbereof~ aa
well as pqyaent a! all aosts incnrred~ it~aluding attoro~e~~ s fees.
3. In tbe evsnt at l~artgagoa~+ s i~ailurs ta - p~r t~ases, or to loesp tt,e
pre~iaes insnsed as recP~, ~'t8~ ~3?s at ita optioo~ but is aot required
t.o~ mvice anah pay~snta~ and fi~ aa~s so ad~araed stall be repaid by Moa~tgagor
vlth ir?tersst as parovided in tbe ~d~ligatian" aod said au~oa ao prid by ths
l~oo~'tg,agee s6a11 bs secured by this martgage.
4. Ia tt~ ar?ent ot atp d~tault ia tLe tex~s c~t t~,e ~Obligat~ion" aac~
~ m~i 1'~O=`t8+`8es a~rs a~ its opt,~ao, declars ths tihole is~dsbt~ecL~eas
secured hsraby to bs i~msdiately dn~ aad payabls•
itbsbt~edn~ese~ ~ a~d no r+el+sase a~i or soditi~tion o! ~pe~ents ot tlw
~ Part Pat'ts P~'~SYi
o~ o! othsr collateral aeauring tbs abo~ve deacribed indsbt~ednsss, e~ve~ t6ou~
s~s dt6ant oo~seat at t!u lbrtgaga~, s6a17. relesss, relieve, or discharge
the lioartg,~go~ t~aa tbe pyisent o! aqy sums heerelyy eeanred, 8ad xart8agee at~all
have tbs right to releaae lfc~aa tbe liea het~i a~? pa~t.ian or po~ticas af ths
aar't6+~g~d p~'aperty, o~ otber collateral held ae aec~n~it, !ar aaid iadebt~dnets,
irreapeat,iv~e af tbs vslue of ~tbs releaaed port~ia~?, tii~Lont afYeating ths lisn
tyereot as to the portiori or portioae not relsased, notvithstanding tbs lact tbat
such rs].ea~ee c~ releasea m~y be mde ~tithaat la~arledge aar caaaent of t~he Mortgagaa~
or o! uqt t3rantes or drantees of portia~fs of s~ch ParcPertY theretotore aold.
IN GRT~SS tbe l~ortgago~ has aigued and eealed tt~ese presents
ths da~y and ye~ur f`irst abcnre written. HR~H E~TARD BOf~1SN AND RUPH MAftIqI~ HOWB1~i d/b/a
BOi~TSN 1~IAT~t CONDITTONII++~ SBEtVIGS
Sip~ed, asaled, and delivered ia
t1~e e~ce ofs
i~~~ F~AL ~
1
B~d~rard Boven
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on
gooK 150 293
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