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AND SiAID ~{OAQ hePOb~/ CO~~l~LZlti Y1~1 ~ I'~Ol'tgigOA ~ti 3i1d
Mortgago~r, at the tias ot eoceauLiot~ abd deli~ery ot theae presenta, is the ~
abaolute awnsr a! and iu possesaioa af seid mortrgaged P~'oP~~Y3 that hs hae a
~ood rigbt lVill pa~+er at~d lavititl aut~osl.t, Lo catYVe~ the ~une in tt?e manner :
a
and fore~ tierein aet lortti; tLat said p~operty is t~ree aod clsar ai all liens of '
Wtu~tever nature, excapt ae specifically a~entioned herein, and Martgagor fully ~
Narraats ~he t~tls ~o aaid propert~}? a:d xill dsf~d ths aams ag4inst all lav~i7. ~
claima and de~aida ao~cept fran t~be Marrantiea contai~ed in t~~e encwabrancea
t~erein epeciticall,y set forth. i
ApD ~ MORY~Al7C~t d~oes hereby llirther cover~ant~ praaiss and agree vith i
t,he Hortgagess ite eucceasore and assigr~e~ as follo~ws: ~
1. l~ortgago~c xill not caaatt at~r ~raate~ or weaken or impair the ~
seauMty of tbia moa~t8age; `rill Pey?~ Prior to delinquency~ all t,axea a~d ~
assessoents levied or imposed on said property; xill keep the mort6aged Pr'opertY ~
insured in auch aaanner aad in such aadaunts as Iiort~agee m~t require; and tirill
n^t rernaive aqy chattels~ i~ inclnded in this mortgage~ t~am the pre~iees whsre €
thsy are uc~rr situated, Mithaut Kortgagee~e srritten consent. ~
2. In tDe event o! snit to foreclcae thie a~o~tgage~ ~tga80e +sha71 f
be entitled, as a watter of right, xithvnt regard tA the valu~e of the mortgaged
p~operty ocr to tt~e eolveucy o! I~ortgagor~ a:rd vittiautt notice~ to the appoint~oseat
a Iteceiver of the oortgaged PropertY at~d the incaoe and pr'ofYts thereof~ as
:~ell as payiseut ot all costs incurred~ iaaluiding attorne~y~ s fees.
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3. Yn the event oY Nortgagor~s failure to p$y taaes, or to keep the
prenises insured as reqnired~ Nor~gagee m~?Y: at its option~ b~t is not required
t~, make such payments~ aad ttie suos 8o advanced shall be repaid by Mprtga8aa'
irith interest as pravided in t,he *ODligatiau" 8od said swos so paid by the
Mortgagee sball be aecured by this mortgage.
4. In ths eveat oY at~ datault in tbe teraia ot the MObligationn or
this moi't6age~ M~Y't8ggee ma1Ys at its optioa, deolare the rhole indebtedness ~
secured hereby to be imn~ediately du~e end pa,Yable, ~
5. That no e=tensia~ or modificatfon of the_ payments of th~e
i~debt~edness, atd no release oi ar~? part a~ parts af t~he mortgaged P~PB~Ys
ar of other collateral securiag t~e above deecribed indebtednese, even tbaigh
made vit,hout conaeat of the Hortgagor, shall relesse, relieve~ or discharge i
the I~o~tgagor Prao the paynrent ot atq? sume hereby aecured, and Kortgagoe ahall ~
! hava the right to release frao~ t.he lien hereot a~qr portion or porticos of the
; mortgaged praperty~ or other collateral held as securit~r !ar said ir~debt~edn~ ~s,
; irrespective of tbe value of the released portion, ~rithout affecting t6a liea
s hereof as to the portiaai or portions not released~ not,~rithst.anding the fact that
~ such release or releasee m~,y be niade yi.thout kno~rledge ar crosent of the Hortgagor
~ or ot a~r G~rantee or Qrantees o~ portions of sn~ch praperty theretofore so1d.
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IN WITHFBS T~EtE~~ t,he Mortgagor has aigned snd sealed these presents
the day and year first abrnre vritten.
LESLIE RAYNE SWAIN d/b/a SWAIN' S DR1f CI.EANING ~
Signed, sealed, and delivered in
the pTesetyce oYz
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~ L slie Rayne Swain ~
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