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HomeMy WebLinkAbout2063 i AI~ S~?D 1!~ does hersb~ co~eoaut yith ~s Isortgages tAat said Mo~'t6a8o~, at ttle tiae ot eo~ecu~ion aad deli~ery o! the~e preseat?a, is the absolute cn~er at atd iu pc~aeas3at~ af eaid a?oactgaged property; that hs hae a Good rigbt~ l1~11 pa+er ar~d laaillil aut~it, t?o aact~e~ tba smns in the m~anner atrd fora herein eet forth; t~sL said p~operty is fi~ee auod clsar o! all liena ot whatever riature, exaept ss speciPical],y mentio~qed herein, and Mart6a6or f1~l~j? xartan~s the title ~o aaid propsrt,y a~d irill dsta~d t,bs a~s against all 1~aylv~l ~ claima and desar~ds eoccept f`ram t~e warrant?isa cont,ained in Lt~e enc~brancea herein specitically set forth. AND TAB MOR'PaAt30B does hereby lV~rt~her covenant, praaise and agree with the Martgages, its succeasors and assigns~ as iollaMas I. I~Sortgagor vill not can~ait aqq vaete~ or weakea or 3mpair the security oP t~hia martgage; xill pay, priar to delinquency~ all taxes ar~d assessnents levied or imposed on said property; w3.11 keep the mortgaged property insured in such mat~ner ~d in such amaunts as l~ox't6agee maY require's aud t~till n~t re~ave ar~r chattels, if inclnded ia this mortgage, l~rcn txte pac~ises Whsre they are noW situated~ Mithauit ~[ortgagee~s ~ritten consent. 2. In tbe event of avit to lorecla~e this aoactgage~ ~art,gagee shall be entitled, as a matter oP r3ght, xithvnt regard ta the valwe ot the mortgaged P~operty oo~ to the eolv~ancy ot Iiortgagor~ azrd xit~eaut notice~ to the appointment of a Receiver of the aortgaged property s~d t.he incaue and pm~`its thereof~ as ~rell as payment at all casta incurred, inaluding att,orney~s feea. 3. In the ev~ent o~ M~ortgagor~s failure to pay taxes, cr t,o keep the premiaes iasured as reqaireds Mprt6a6ee a~?Ys at its opticaa~ b~t is Aot req~iired to, make such pay~o4ents, atd tt?e aums so advanced stsall be repaid by Ii~rtgagor ~ith interest as pranrided in tbe *Q~ligatioan" and aaid ewns so paid by ttye Mortgagee shsll be aecured by this mortgage• ~t. In ths event ot a~ d~afauZt in tbe teraas o~ the ¦Obligat~ioa~M oar this mortgage~ I~ortgagee m~y, at its opticai, declare tbe whoLe indebtedness secured hereby to be ino~ediatel,y du~e and p~yable. 5. ibat no eocte~sicn or maiifYcatfan of the payments of tbe i~ddebtedrress, ard no release oi aap? part aa~ parts c~f t~te nortgaged proPertYi or of ot.her collateral securing ~tre above described indebtedness, eve;n tl~ough ma~de nitho~ut coneent of the l~ortgagor, sball releass, relieve, or d3scharge the Ho~figagor flrau tbe payment of ar~r ewos hereby seanred, snd l[artgagee ehall have the right to release fras tbe lien hareof a~y pa~tian ar portiaris o,f t~he mortgaged property~ or other collate~ral held ss securit~r iar said iadebt~edne~a, irrespective of tLe value oY the relessed portiaai, irithont affecting t,be liem~ hereoY as to the portion or portians not released, notwithst.anding tbe Yact tbat auch relsase or releasea m~y be a~de irithout ltna~ledge o~ caoseat of tt~e l~rtgsgor or o! a~ (}rantee or Oranteee oi portioae of such pro~perty t~ereto~ore sold. IN WI~IESS W~O~~ the Mortgagor has signed aad sealed tbese presents the d~y and year Pirst abrnre ~ritteu. FRANKLIN ADELBERT GOOD. d/b/a GI.QIIASTER NEON 8 PAIN?ID SIGNS Signed, sealed, and delivered in ihe ence ofs c ranklin Adelbert Good . a _ , ~ - , - ~ ~SE... 8001~156 P~~E ~60 ~ ~ ~ ~~~k . ~;i; ~ . ~ _