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rOGb"1~R i~?TT8 all additioAS, repLce~enta and 3~eprave~enLa to a~ oP t~l~e ~
foregoing, and all and a3ngular t~he ~nts, ~+ditaeeata and appurteraacea
t?2~exeto belon6~u6s and ths rsnta~ issues aud protits tbereot, aad aleo a21 ths
estat~e, right, title, interset, boasstead, daror~ aeparat?e est~at~e, posssasionj
clai~n and ~ie~nd vhstaoever, aa Mell in Ltx aa ia equity, t?~s asid Mortgagoar -
in and tro W~e ~tgsged prcperty and every p~rt the~sot xith tbs appatrt,enanoes,
specitically 3ncluding a2]. r3ghta and equitirsa at rede~tioa, all o! WAiah are ~
hereby oxpresely vaived. (All ot tba ioacegoing, vbethsr aonaiatixg antirels of ;
resl praperty or en~irvly o! chaLt.ela, oar ot bot~b real propsrty and ctrtt,els,
is hereiA ~oar co~avei~ience called tLs "laoartgaged praperty") ~
TO HAVS AND TO ~OLD the said maort.g,sged property aud every parL t,hereoY ,
unto t.har MarLgagee torever.
,
PROPI~D AI~IAYS, and thia aortgage ia an tbs e~rsaa co~adition,~ that if ;
t.he ~iort?g,agor ~hall pay o~ oau~e Lo be psid all o! t?bo aeo~eya neutioaaed in eaid
"(~Ybligation" and the i~ntereet t,hereon, all at the tisies an~ in the ~nnner aa
" therein agreed to be paid, acco~ding to Lhe Lr~1e intent aad meaning t5ereof,
and e4a11 pay all other sums pravided to be psid by thta mortgage, and shall
perfora ~d abide by all t.he covene~nta and agream~e,nts bere~n aad fn e~id
"rbligation" contai.ned, then t.hese presents shall be void and the ~sstats herein
and hereby granted shall cease and determine.
/tND SAID H~tTGAG~ doee hereby covenant xith the Hortgagee tbat esid
?irnrtg4gar, at t~he tims of e~cecution an3 delivery ot theee preaen~a, ia ths
abaolute a~vaer ot an:i in pos~ession of aa~,d mortgaged property; that hs Gas
a good right, flil1 pc,r~rer and lawZ1~1 4uthority to comrey the eame in tt?e manner .
and form herein ast ~orth; tAat said p:operty ia flree and clear of all liena ~i
of vhst,erver ~atura, exaept as speaifica~ ~entioned l~are3n, and ~tartgager
fh11.y ~rrants t.E~e title to eaid property aad xill deYend tbe s3nse againat all
Laefi~I cla~ ~and derr~nds except frao t,be xarranties contained in the encum-
brances herein speciPically eet Pe~tb.
1lND Ti~ riCR1~GAt3~t does hereby itirt?her caveusnt, promiee and agr9e ~ith
the. Martga,gee, ita succeasare aad. aasigna, as fallara: •
,1. H~rtgagor vill nc?L ca~it a,~q xaste, Qr j+~eake~n ~or ~3~air the security
oP this mortgage; xill psy, prior to deliaquency,~all taxea and assessments
levied or ~npoeed a~ ~aid property; t+ill keep t~be mart~sged paropertq inemced
in such msnaer ar~cl in such ~wovnts aa Nartgsgee may require; a~ xill not ,
re~nove a~q ctiatt.el~s, if included in tehi.s_ ~oa~tgag~, t~raa tbe premieea Wheze tJ~ey
are nair sltvated~ vithout Mortpagee~s ~+ritten conaent.
2. In the event o! suit to frnreclose this moartgage, Hortgagee ahall be
entitled, as a matter oY right, xithout regard to~the value of tbe ~ort~aged
praperty or to tbe solvency of Mortgagort and ~rithouL notice, to tbe appointment
of a Receiv~er ot the mortgaged propsrty at~d t.~e iucame and profits thQreof.
3• Zn the event of 2~ort~agor ~ s failure to pay ta~s, or tn keep t,be
premi~s ir~aured as required, ~i~r+.gagee may, at ite aption, but is not required
to, make auch gsyments, and th~e swas so sdvanced shall be repaid by Hcrtgagor
with ir~tereet aa pro~ided in t.he "Cblipation"~ and aetid 8uma so paid by the
Mortgagee ahall be secu~red by tbia mort~age.~
lt. Ia the event of at~y defau2t in t.he terms oY tbe '~Obligat3.oa" or thia
mort~e?ge, ?~artgagee may, at its opti.on, declare tbe wbale ~debtedness secured
Lhereby to be 3a~ecii~at~e],y due and payab2e.
5• Tbat no extension ar modiYication of the payments to be osds as
herefne~bare set forth, and no release of a~y part or parts of the mortpaged
property, or of other collatc3ral securi:lg the abave-deacribed indebtedness,
even though made rrit:!out con~ent of~ the lioztgagor, sba2.1 release, relfev~e, or
disc4arge #~he rioztgagooc~ tran the payment a~r sums hereby eecured, and
Iiort~agee sUa].], bave the rigbt to release Prac: t~tie liren hereof a~ partion ar
Prnc'tio~ns of the ~eertgaged p~'apes'tY, vac~ a~ber co7l,ateral hpld ae security Yat
aaid indebtedr~essi irreapective of tJie value oY tba releaaed pvrtion, i+it.hout
aflecting tbe lien bereof aa to the portian aa~ portions not releaeed~ notxith-
~ng tl'e t1~ct that euch releaee oar release~ auy be ~aade irithout iaio~+ledge
ar coneerYt oP the I~iQrLgagar, o~ of at~r (~rsntee or QTanteeQ ot porLions et sucb
proper~ty ttx3retofore eald. -
BOOK159 P~~~ 234
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