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vo~ic~? or vaicies s~id bsoRTCACEE shsU Iwr t+~. optian to ~.o.lv. ana +
~pp~r th! sa11M On ~0001I1t of thf I~Idlbl'l~fOSt i~GUf~d hlf~QbV Or M
PeRnit s~id MORTC/1iGORS to ~eoeivr ard use it w arh? P~ tlw~of for othN purpaes without thereby waiviru! a~+Wi~ ~+Y ~b.
lieo or n'~ht unde~ or by virtw of tFws Moti~r: and in tlr ~ent said hlORTGACORS si~l) fw any ?atson fall to keep tM s~id premisq
so +~?A+red. o? fsil to deliver P~~+Wb ~+1? of s~id Dolicies of ir~r~ to said MORTG/1GEE~ or bil pro~mptN ~ Ph? h+~b +~h? P~~iunn tMrofor,
a~Eq?
~fail~o ae~m. dsdw~ e~oeout.. effect. oonw+.+.. compl~r with ana abd. e~? tlus oorans~r. «srh? o~ut twneof, saw MOR7~
rn an~r
~ra-D~s,? fo. wch i~nu.ar~oe or p~rt ehMOOf without vaivir~ «.ff«t• aeh? owion. ~+en. equia. or ~ight undu or b,r
virtue of thist~r~~,e
, and the full amoirk of each and ~y wch payinent sh~ll be ~tey duo and p~yabk ard shall bsi~ inte~est
from the date the~coi until psid at tha wte of siu ar~t~a+ths pK cent pe? arrnxn ard to~ther with wd~ inte~est shall be sew~ed b~r tht
lien of this tnort~s~e,
4. To punut, oomnpt or wffer no waste, irepsim~a~t or deterGoration of said property or any pairt theroof.
5. It is hereby specificaly ssread that any sun ar s~n~s which n?ay be loaned or sdvanoed by the Mo~tga~ee to the Mo~tQaQor at sny
time after the reoondir~ of this irxknture. Io~etha witi~ interest tt~eneoo at tfie ate sQreed upon at ths time of such ban or sdvarxe. shall tse
e~wlly srcurod with and have the same priority ss the ori~l indebtedness. anci be wbject to all the tem~s and p~ovisiohs of this
Pmvided. that the aggreg~t~ amo~a+t of principal a~tand~ st srry time shall not e~ooeed an smount eqwl to one Fwndred ~nd flfty
pe~~o~a~it
(150961 of the ~pa1 arnount o~ig~inally secured he~eby,
6. To pay att snd singutu the cast; d~~es and e~ere~, inci,~diK a r~y~~ anort~ey's fee and oosts of abstrxt oi Htk ln-
cuned o~ paid at any time by said MORTGAGEE becaus~ or in tl+~ srs~t of the failure oa~ the part of the said MORTGJIGOR to duly. P~a++Pt~11
and fu11Y V~*fwm. d~sdw~e. excoute, effed. c~ompkt~R ~^i~Y with and abide by each and ere~y !he stiput~tions ss~eements. oor~tions
and tavenants of said proinisxoty twte and tHs mortzap arry or Wher, and s~id oosts. thaBes aod e~ues, eath and avery. shall be
immediatey due and p~yabk; whether or not the~e be notioe, den?snd, atteept to oollett,ro~~e~ding; and the full amwx~t of eath and
e~Y wch payment shatl be~r interest i~oen the date thereof uMil p~id st the nte of six enths
coats. charges and e~es so a~cu~r~ed or p~id, tcCetk* with suc1+ interest. shall be sewred Pe? oa~tum per amw»: and s!! sald ~
by the lien of this mort~ais.
That l~ in the e~rent of any M~aach of tNs MortgaQe or defauh on the part af the MORTGAiGOR. or (W in ths avent any of said
thout de~
~notio~ or W~
ti~e ~
each and
~y~t1~e~~~ti~tat'~iw+s. 30a~
~oard'itia~s and aov~enants
o~~id Pranissory no~t~
and this nwrt~e any or ather sre noR duly, O~P~~1? ~d ~h? Pa~~d. ~Sad. exea+ted. effected. oompbted conplied with snd
abided bY. tF~en io atFier or ary wch are~t. tM said ~ aiu mantianed in said pr~omissory note then rawirwr~ ~+nWld. witfi Interest
s a~
accn+cd. and s11 saa,ned hereby. shan be~an+e due and p.yaWe ta~thwiM~. or tt+ereafte.. st the aption of ssM MORTGII~CEE, as fully
a~d tompletely ss if s 1 af tt+e said suns of monef? we~e o~ie~qY st:pulal'ed 1o be paid an such ds1?. snytF~in6 in ssid promissory note or in
this Mo~t~e to the oontrary not witl~star~int: and tt~aipon w tt~ereafter at the optian of said MORTG/1GEE~ without notioe or demand,
wit at law a in equih. ~1? ~ P~+~~ed u if all ~eiwres seased hereby hsd matuned prio? to its institutia~.
8. 7hat in the a,renr that at the be~imir~ of or st any tiree andW+e anp suit upoa this Mort~,a~e. or to torectose tt. or ro nef«m
it, ot to enfwoe Wl~ma?t of any ctai~t~s haas~der. ssid 11AOItTGl1(;EE s1+~li applr to the Court 1~v~ ~r~ctioR tFt~roof for the appointment
of a Reoeiver. such Gaxt shall fati~wiM appoinf s Reoeiver, of ssid mott~aged property sll ard sirqub~. induding all snd sinQular the
incoe~e. Pwfits. iswes and re~rerKies iran wl+steva sot~noe derived, e~ch and every of wF~itl~ it bein` e~~f? undsrstood. is heroby morf-
Ba6ed as if specifinlly set forth and descr~ed in the g~rani's~~ and habend~rn clauses Fmrtof, and suth Reoeivar shall F?ave sll ths broad a~d
effective f~nctions and powe~s in anywiss enlnisted b~? s t'rawt to a Reoeiver, and sud~ appointma~t shall be made by suth Cowrt as an
adrnitted equity and a matter of abmoiuts right to said MORTGK'EE, a~+d witlwu~ ne(~enoe to the
ProP~b ~d or to Mr ~~l~Y of the vslue of the
and reve~x~es sFnll be applied ~Reoeiver~~r of said ~AORTC/11t70R or the ts. profils. inoorr~es. iswea
soo~ondx~ w the 4a~ o~ equiry of s~id MORTGII~EE ~d M~e practioe of wch Court. i
9. To d~,y. ~ti t~b ae~f«m. ~e. e~oea,ae. etfecr. oom~k~e c,o~~r ~rh ~d abide by e~aad, ~,d ere.y tt~e stspu- !
~ations. a8reerner~ts. oonfiitiarss x~d t~o~cnarNs ie said promissoqr nole and in this moit~a~e sat tortt~ ~ ~
10. That in the event the o~wnersliip of the matpled P~~~. a? ~f? Wn ~f. beooma vested in s person otF~ tFwn the
MORTGl1('AR, the MORTGI1iCEE. its suoxs~as and assi~ns, ma1?. without notioe to the MORTGII~OR. deal with wch wooasor or woassors
in i~tercst with referenoe M ttis n~ortg,a~e and the debt he.eby seawed in the same manncr as with Mortgagor without in any way vitiating
ths Mor~+~a's ~iabiirt~r 1~aeeundar a~ipw~ the drbt he?eby seamd No s~k of tfie ~
beannoe a~+ tt~a P^~'~ ~'~Y ~Bad and no fore- ;
part of the I~AOitTG~ or its suooesso~s or ~ srd no ext«nion of the time ior the payment of the debt hareby secwed
8~~++ b1? the MORTGII~GEF or its s.ooessors o. ~ssipx, sbU aperala eo .ek~sse, fiisdti.8~. mofify. clyr~ge or effecr the o~igina~ ~iabiGy of ;
the MORTGI1i00R herei~, atF~er in wlwle ar in par~
t t. It is speafin~b aQeed t~t time is of the essseioe af this eo~tract aod that no waiver or any obliptian t~era~nder or of ths
caqption s~ar+ea Meb~? afnN at ,n~? t:nre t~a~f~er 6e hele to 6.. wair.. of H+e terms I+~reof or ot the ir~tnwn~t seared hsrab~,.
IN WITNESS WHER60F. ifie said MORTC'rA~00ft fns f+~wanto sst hit I+ud and se~sl Me d~y and year first afor~id. ~
Sie~ed, Se~ared and de~iveYed in presanoe of:
i
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~ ~.~Ne~
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, ST~TE o~ ~w+ y C. Nemec
~ ~5c. Lucie S
ca~v~`t~ ~ =
~,a,.~„ ,~„~,b FRANK K. NEMEC_~_~ ~a ~
~
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