HomeMy WebLinkAbout0126 , • ! ~ t~~~ ~ ' ` ~
~ ' . • ~ ~ ~ f. • ' ~ • ~
oE a eeoe~v~er. a~ignee vc trustee, o~ upoa faitun oi d?e Martga~or ta kcep ar peri~n ~?ay ot the ~a~m~, oo~?~easab,
aoadttions. age+eeaaeab cc stiput~~ of this mp~
e~ t6e eatire indebtedn~ h~by ~ecured ~li ieamed-
is~Iy. a at wy time ~+a~t~a. ~?t the optiaa af the7l~an~~d beooa~e an~ be due a~d PaY~bi~ a~d the equity
oI e~ap~oa d t~e Mo~a~ ~?y thereupoa be t . oc t6e Mo~ee may, ac ia option. t«edo~e
00 ~ra n
oalq as t~ the wm p~t due ~rithout sood~rat~ tl~e eatie~e ~nd ~nthout ~a'~rY to t~is nnact~a~e a t!~
di~~t ar ita t ~f t~ ~ind~ ot dro Ii~ '~,`s~l it a~ ia~e~aaa~ ~ak dre propaty shan
be wid wbjax ~o ~'n~ it~ns oE,inaebta~neM ~ale
M ~ payabk u~dar dus n~or~age sad the a~e ~ecured ba~eby, ;
~5+~8'~ Y~~ faredwe u~ the s~mc raannar as oft~n w tl~ ny~Y..be ~Ay aua paK dae.
. . ~ . , ~ .
. • , . , .
. ~ ~ . . - . " . . . . - . . . ' ~ . ~ p i~; ~ . . . y . ~ . ~ - - ,
. .
. - . . . . . . " . ~ ~ ~ ' . . . . . r_ . !i . . . : . ~ , . . . . _ . ~
. . " . ~ . t . _ . ' . . . . . • . , ~ ~ i. ' . . . . . . ~ . . . . ~ . , ~ . . ~ ' . _ . .
. R ~ . a . . . . . . . . . . . _ - . ` ~ ' . ~ . . t . . . , . . . . .
~ w , \l ` I - • . • ~ . ~ . . . , _ ~ . . . ~ . ~ . . . . . . .
. . . ' _ . . .
. . . ' , ~ ~ . ~ ~ . . . _ . . . . . . ' r: t
, . _ _ ' . .
. , . . . ' _ . . ~ , i
. . ' . . ~ r . . , ~ . . . ~ , .
1
~
s . . - - '
J ~ . . .
, j f. . ~ , ~ • e V
.'I : . .
1
In ttu event of a suit being iuat~ituted t~ foredase this ma~gag~e~ th~ Moc~gage~ e6a11 be entided at aay timt peadiag
such faMedo~iu+ei~it to a.~Ql~ tio t6e oourt having jurisdiction ~ereof for tbe appointmeat oI a ra~eiver oE all and aingatar ~
g'~._. -t-' . sndycCa4 ~e
rerifs. iesues and pi+o6b thabof trn~ ~,~at~ev~er eoura derivrd: and tha+eupea s
the oourt aha~ filrt~twi ythappaa
t~ reoeiver of said prop~rty ar~d of wcli-~~. ~iua and prusta, ~rith the usual
and datia of rdotivets pa I~ce cases. Such appointa~ni~s~wU be made by sndi aourt aa s- matba vf strict right io
~ ~
Mo~tga~ee, aad rvit~out s+~fa+enee tiu du ~w~ey ar iaade9wc9 af the value of the propaty haaby mortgag~ed oc the
sotvea~y=cf~~piot of ~fie Mortgago~: S eeats. iasues and prc6b disll be applied by wch reoeiver to t~ep~yment '
~ ~ ~ ~ ~ ~~~tP 11od;i6~.:~qt"s~da~. ~D'the paymeat oE th~ ~tnoct-
SaB~ ~,s~n~ t~ d~e onlar ot such oo~trt. ~
Thi~ mortga8'G. Is ~~nded by tLe parties to sec~ur, aad doa and s6a1!'~cecure die ymeat~ tully and oompktidy.
ot any si~ att .~3~~ey ha~ein de~cn'bal, and of any and au eaccenaioas o~ re~ewa~ aidi int«+ac ch«~eon~ of the
afa+asid" ~e. a~ aay in~t of principai ar in~a+est t~ereof. and any suoh a~ccensian ar reae~val shaU
~-~41~--p
~~Lt~e j oo~ditio~as and ~ipulations ooutained in ~ matgage.
; Tlie Mort~agee e~att be eatiti~d to eafcroe this mo~gage and to arerriae ita righta and rem~dies ha~~under notwith-
; standing tb~t some or all ot tbe indebtiednas seaired i~ naw cr tl~all haeafta be otbawise secured~ whed~ec
s by. ~,i~e.~..~~L~
~~dtlia t6e aooeptanoe af this mortgag~e nor t1k wfaroement tbaeof
r shaU~~p~~'~dioe or in ~_ny ata~na affect the ight' oE tfie Matgage~e ~ rmli~~e u~paa a~ eafaue aap other security noar ar
herea[Ler hdd by the` MeRgag~ee, it bdng undenteo~d that the Mort~ag~ee ahaU be eatitkd to enf~cve this mo~tgage and
any odxr ~ecurity na~r ac baeafter hdd by it in wc~ ada and maana as it may ia ib diia+etion deLernniae.
`Nit~oy~t,affecting the liability of ar-? otherpe~ liabk fac t1~ep~ya~eat of the afa~aaid promis~ory note a~ foc
the perEarmance of the ao~v~enanb aad agreanenb hereia ooatained~ aad without aB the Irai oc
8~=^t t~n sny ~ ot; the . ~pg ~B~ af this moct
pro~arty dsscxibed ha~ein as secyrity fer tbe fuU amount af atl unpaid i~ebtednees h~c+eunder,
che Mortgagee may froai time w Wne. and ~?ic~out notioe, rdease a~a~ypa~on ao l;abl~ acte.nd d~ time af p~y,o~ent of
' ~Y ~ P~Yabk under said nott, or~ t other indyu.~lgea,,o.1a, oc modifx aay af tbe bams a~.provisioas hereof or of said
f ~ i~ ~ ~ ~ ~ P~'a't! ~+~+T m~8"~: df OOfif~rit ~~O ~lb g[gtlt~ O~ 811~t ~ O['
en~er into ac~Y ~eew~?t ' tha I~an 1Kreof a: taJce cc. jekaee auy oth~c s«auity: Ea~ the t~a!Ym~at; ~f ssid,
u sa ui
no~e d! fot`#be pt~fa~oe' '~i of' tlu c~vv~enaata and agr+xmeats harur~der, and/or maic~ oompoations or atha
az~n~b wnt~ debtaca in rdahon theretia ,
` It is unda~too@ and agreed tbat ao dday or ~on by the M rtgag~e in the rx~ercise ef any right oc ranedy
~ a~ocrd u'mg u~on an~~
ault oc in af any ot th~ matta~s and things~ 6y it permitted to be done uader the Laias
pe+a~riaoos oF ~ promissay note ahall impaur any such ng6t or c~ane~y. nor be oonstruat b~
_ be a ~nuver of any auch a t or acquiesoenoe tha~ein~ nar shaU it aEect any anb~equent drfault af the eame or a dif-
` fuent nat~re aad e~very sucb tight or runedy may be acercised f~+oan time to t~me and as oftiea sa it is deemed pcpedient
~ by die Matgag~ee.
Nothin~g oantained ha+dn, nor any transaction rdaLed hereto, a6all be oon~:a ued or ao operate as to require the
Matgagar to pay inta~est at a rat~ greaber than it is lawful in such case to oontrad far, or to make any paym t or to
ao~aay act ~trary to law. It is understood and agreed that if any dauses ar prnwiaons herein conta~ned ~opaate or
` y opaate to;n~?al;a~?te this morcgag~e, m wl,ole or;a parc, tha,. wcb daw~s ana p~o~vision. oaly e6au
~ be fur naught, as though not berein aontained~ and tLe t+eanaiader of this mortgage d~all 1+anain operatiwe aad in full
foroe ar?d effect. ~ .
. . _ . . .
It is mutually undastood and agreed that all ~rocds wed 'w die siu~ular numbar in this matgage ahalt be deemad
h
to indnde the piurat, and th~ m~acutine gend«~ shaU indude tl~e f ,(qr neuter~ as dte ooamct may requ~
It is iurtha unda~tood aad agr~eed that a11 of the t~a„ oonditiorMra~~~vd~irbYnd g~meab of this mor~g~ ~haU
rztaid to aad be binding upon the Mo~tgagvr and the heirs~ su~oa~oca or a~seigns af tlhe Martgagcr, and ehall inure to
the benefit of the MaKgagae aad ib wooeasocs ac assig,ss~. When ma+e ~aa oae party is named as the Mactgagor. the
obligatioas and liabilities d such parti~s thalt be joiat aad several.
' ~ - . . ~ODK JU~~ ~ '
Pa~e - - - - • }
. ~
~ ~ .j,~;,~ ~
. _ , ~ . _ _ _ _
~Af ~ t ~ Y~ R _ . _ ..~.~y F.~~ .
4~
I
~