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?QC~R NITH all additions~ replt?C~wnts aod i~rove~aenta Lo any ot the
foregoing, and all aAd aingular t~be t~eneoaenta, hereditsaenta and appurtenancoa ~
tbereto belonging, and tba rsnte~ lssuea and proPiZa thereoY, and alao all the
estst~e, right, Citley inter6et, boaeaLead~ darsory aep~rate est,~te~ poaaeaaiot~,
clais' an+d deoo~ad ~+tataoever, aa Mell in l~aw aa in equity, of tLe ssid N!ortgagor ~
in and t?o the inortgaged property and every part t~hereoP ~ith t~t~e appurtenat~ss~
specifica~ly ir.cluding all righte and equitiea o~ rec~e~pLioa, all of Mhiah are
hereby e~resal.y waivsd. (~ll ot t.ha Yaregoing, r~tber coneiating eutirely of
real prope~rt~y or entirelq of ch4ttela, ar o! bot.h resl praperty arid chattels,
is berein far aoavenience cal2ed tbe "l~ort?gagad property"a.
TO HAVS AND TO t~.D tbe said narL68?6ed P~'apsrty and every part tbsreo!
uaLo the Hort~agee f~rever. ~
PRO~VII~D ALWdY3, and t.hig a~artgage is on t?he e~q~reas condition, th4t if
the ~iort~ago~r ahall pay oa~ osuee to be psid all o= t~e mo~eys mentfoned in aaid
"q~ligation" and tbe 3ntereat t.hereon, all at tl~ t3siea and iu the ~oanuer as
therein agreed to be paid, accoac~d3ng to the true 3ntent and meaning tbereot,
and st~all pey all ot.her aums pro~rided to be paid by t,h3s mortgage f and ehall
pertora~ and abide by all t.hs co~renanta and agreae~ents hex~ein and 3n se~id
"fJbligation" contained, tben theae presente shsll be noid and the ee~tate berein-
and hereby gmanted shsll ceaee and deLermine.
AND SAID ~i~i~GQt doea hsreby covenant vitb t?pe Hortgagee t~hat a~afd
~iortgago~r, at the tia~ o! axecutioa and delive~y of theee preee~ata, ia tbe
absalute a~a~er oY and in posseasion af asid Aaartgaged property; that he t~s
a good right, t'ul]. pa+er and larfl~l authority to comrey tbe qame in ttre a~anner
and form berein aet forth; tbat ssid propex~ty is f~rea and clear ot all liens
of Wl~t,ever ~ture, eacept a~ specit'ically oentioned hArein, and NoTtgagor
t~illy xarraots t.he title to said prcperty and will dsfend tbe same againat all
laxf~l cl,aims a~d deoands except f'row t.he ~+arranLiea contained fn the encwn-
brancea herein speciYioally eet frnrth.
. AND THg ~Qt'1'(~A~t does hereby tlu~ther ~avensnt, promiee and agi~ee vith
the Kortg,agee, ita successars and aasigns, as folla~s:
1. Hartgagor ~il,l net cao~it ar~y ~raste, or xeaken or i~sir the security
oP this mortgag~; tirill pay, prior to delinqu~sncy, all taxea and assessmeinLs
levied rnr inq~oaed on said property; Will keep t~he martpaged poro~tq inaursd
in ~uch manner and in such at~ounta aa Nertg,~gee msy require; and ~?ill aot
s~arnre any cbattels, if included in this mozt,~age, 2yraw the premises wheTe they
are nar situated, xit4out Mart&agee~s ~+ritten conaent.
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2. In the event ot suit to Yaareclose thie ~ort$age, Nortg~agee sball be
entit~led, as a matter of right, r~rithaut regard to the value of the mortgaged
p~coperty or to ths solv~ency ot Hortgagar, and Wi.thout notice, to the appoint~ment
of a Receiver oY tbe mort,gaged properLy and the incame and proPits thereof.
3• In tbe evant of Hortgagor' a f'gilure to pay ta~ass, orr to keep the
~ preaoiaes insured as requ3red, ~Iort~agee may, at ite option~ but ie not required ;
to,_msk~ auch psyments, and tbe suona ao advanced ehall be repaid by Mortgagor
~ ~rit~ inte,re~t aa provided in the 'Ybl3gation"~ and egid sums eo paid by the
~ ~iortgagee shall be secured by this mart~age.
4. In the event ot any deYsult in the terms of t.be "nbli$ation" or this
mort~ge, Hartgagee msy, at ita option, declare tLe ~ho1e indebt~ednesa secured
t.hereby to be ~n~ediate~y due aald pnyable.
5. That no extension or modiPication of the payments to be made as
hsreinsba~ve set forth, and no releaee o~ at~y part or parts ot ths mortgaged
~ property, ar of otLsr coalateral securing the above-described indebtedness,
~ even though made Without consent of tbe Nartgagor, sball relea~e~ relieme, or _
3 disat~rge the ?Iortg~agor tSrow the peyment of an4r sums hereby eecured, and
~ Fiort~agee ahall have the rigbt to rel.eaae fycam tbe lien bereof aTMy portion ar
~ portiona of the n~ertgaged proq~erty, ar other col.lateral held as security far ~
~ said indebtedness, irreapective of the value of the releaaed portion, without
~ affecting the lien hereof a~ to tbe partion o~ portiona no~ released, notxith-
~ stand.ing the fact tbst such release oT releases mQy be a~ade ~+itbout kaa~+ledge
or conaent of the l~iortgagor, or af at~y C~ntee or Granteea of p~+rtions et such
~ P="aP~rtY theretofore aald.
BOOK1~~ PAGE JC74
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