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Home My WebLink About2444 i ~ ~ p0{I~Y Of p01iCiQ5 Sa1d MORTGAGEE S~?iII F1iVQ tFN OPt10f1 ~O flCNV~ sed sp~1y me same on socount of tM ~~debtedness ,:ewred i~e~ebv or m permit ssid MORTGAQORS to receiw and use it or any part tFserecf for othet Purposas without theroby wsiving or ~mp~iriru! ~nY ~h. ~~en or ht unde? or by victue of this Mortgage: ar~l in the event said MORTG/1GORi shall for arry ~eason hil to keep the said premises so iasu~~. or fail to delirer promptfy any of said policies of inwrance to said MORTG/?GEE, oa fail prortptly to ~Y fully anY Pre~nium therefw, o~ in any ~.sptct fail to pe~f~m~, discharge, exea+te. effect, tomplete. tomply writh and ebide bY tFas coverw^t, or s~y part he~eof. said MORT GAGEE may p~ace and pay 4~ vxh i~sunnos a? any Wrt thereof without waiving or affecti~g a~iy optia?. lie~. equity. or right urdt~ or by ! ~~rtue of this Mort~age, snd the Eull amount of e~th and ev~ry wth PaYment sha!1 be iawaediately due and payabls and shall bsar interes; ~ from the date thereof unt11 paid at tiws ~ate of six and six-tenths per cent pe~ annum and toQet~~ with such inte~at sh:.ll be secured by tM lien of this ~tga~e. 4. To permit, camiit or wffer no waste, impairma~t or deterioration of said prope~ty o? any pa~t tFknwf. 5. It is hereby spe:ifiwlly ageed that any wm or sums whki+ may be loa~ed a advar:ced bY the M°'t~agee t° the Mortgagor at a~ ; t~me ahe? the recording of ti~is indenture, to6ethe~ with interest thereon at the rats agreed upon at the time of wch loan or advante, shall be ; equally secured with a~d have the same priority u the original indcbted~eas. and be wbiect te all the tem~s and provisions of this mort6sge: ~ Providrd, that the aggrcgate artwunt of pri~cipal outstanding at u~y time shall not exceed an anaunt equal to one Mind~ed and fifty Rer cent ~ (15096) of Ine pri~cipal amount originally secured hereby. 6. To pay all and singular the costs. charges and e~ses, inclu~iing a~easonable attornry's fee and costs of abstract of Htle in- curred or paid at sny time by said MORTGAGEE because or in the event of the failure on the part of the said MORTGAGOR to duly pmmptly and fuliy perfcYm, discharge. execute. effect. oon+pkte. comply with and abide by ead? and every tFw stiputations. agreerttents. oonditiaos and covenants of said promiswry rwte and this mortgage any or elther. and said costs. chargos and expenses. eacl+ and every. shall be ~mmediately due and payable; whethar or not tnerc be notice. dema~d. attempt to cotlect or wit pending; and the tull an~t of ead~ and every wch payment shall bea~ interest from the data thereof unNl paid at the rate of six and six•tenths pe~ centum per annum; and sll ssid costs, tharges and expenses so incurred o? paid, together with wch interest. shall be secured by the lien of 1Ms mortQage. 7. That (a) in the event of sny breach of thts Mortgage or d~fault on the part of tfie MORTGAGOR. or (b) in the e~ent aoy of said sums of nwoey herein referred to be not prompth? and fi+lly paid within thirty (30) da~s next after the same se.weraly becorne due and Wyabb. without dema~d w notice. or (cJ in the eve~t ead~ and every the stipulatiau. argeee~ents, conditions snd oovenants of said promiswry note ; and this mo~tgage ~y w either are not dub. P~~PtM and fully per(ormcd. disctwrged, exewted, effected. canPkted comPUed with and abided by. then in Nther or any such event, the said aggrcgate sum mentia+ed in ssid promissory note then remainin6 unpaid. with inte~est accrued, and allmor~ys secured hereby. shall beoane due and psyable forthwith. or thereafter, at the option of said MORTGAGEE. u fu~N and completely as if all of the said swm of money were originally stipulated ro be paid an wch daY. a~Y~hi~B in saW prornissory note or in this Mutgage b the contrary not withstanding; ar~d thereupon or tl~eafter at the option of said MORTGAGEE, without ratice or denand. suit at law or in equity. maY be pra5etuted as if all monies setured heneby had matur'ed Prior to its i~stitutio~. 8. That in the event that at the beginning of or at ae~r time ~ng any suit upon M~s MortBage. or to forecbse it. or to reform it, or to enfooce payment of aoy claims hereunder. said MORTC/1GEE shatl appiy to the Court having jurisdictlon thereof for the sppointmmt of a Receiver: wd+ Court sF~all forthwith appoint a Receiver~ of said mortgaged prapertY all and singula~. including all and siogular the ~ncome, profits, iswes and rever+ues irom w}~atever source derived. each and every of whith, it bei~ expressly understood. ls hereby mort- gaged as if specifically set forth and desc~ibed in the granting and habe++d~un clause.s hereof, and wch Receiver shall have all the tiroad and effective functia~s and powers in anywise entnuted by s Court ro a Receiver, and sud+ aPPointmu+t shall be ~rade by wd~ Court as an admitted equity and a matter of absolute right w said MORTGAGEE, and without reference to the adequacy or inade4ua~Y of the value of the property rrwrtgaged or to ths solvency or insolvency of said MORTGAGOR or the defendants. and that such rents. profits. inoomes. iswes ~ and revenues shall be applied by such Receiver actording b the 1(en or equity of said MORTWGEE and the prattiee of suth Cc~t. f 9. To duy. promptly and fuly perform. d~scharge. exetute, effect. oomplete comply with and abide by each and every the stipu- ~ lations. agreerneMs. conditions and coverwnts in ~aid promissorr note and in this mortgage set forth } 10. That in the-erent the owne~ship of .he mortgaged premises. or arry part thereof. becomes vested in a person othe~ than the MORTGACAR. the MORTGAGEE, its sucoessors ard assigru. may, without notice to the MORTGAGOR. deal with such successor or wocessors in intarest with referente to this mortgage and the debt hereby seturcd in the same man~ as with MortBa6a withou~ a^Y w'+Y vitiating or dschargiog the Mortgagor's liability here~u~der ar upon the debt hereby secured. No sak of the premises hereby mortga6ed and no fore- beannce on the part of the MORTGAGEE or its wccessors or assigns and no extension of the time for the pay~nent of the debt hereby secured given by the MORTGAGEE or its successors or assigru, shall operate to release. discl~arge. modify. cF~ange or effect the original liability of the MORTGAGOR herein, either in whole or in part. 11. It is specifically agreed that time is of the euenoe of this oontract and ti~st or ar?y abligation hereunder or of the obligatian securod hersby shall at any t~m~ thoraaftar b~ h,•id to be a waiver of the temM1S Mreof or of the instnrr~ent sewred he?eby. IN WITNESS WHEREOF. the said MORTGAGOR has hereunto set his hand and seal the day and year first atoresaid. , . • f ~ ~ - cs~r?u ----------------cs~?u sTw~ oF ~ti~~ ~ ~ cour~rir oF eefio.~ me pe~son.~y sppea~ea _ ~~a i his wife, to me well krawn. to me to be tfie :r~dividwls described in • and who exewted the fore~oir~ i t, and adu~oMrled`ed before me that thay exetutcd for the purposas therein express~d. wm~ESS ,~a ~~i ~i ---d~? December i ~6 - - Notary Publk in snd for ths Shte of Fb?id~ st Lsrge. E _ ~ A ~ w y o ~ w Z a Z ~ : A ~ _ ~ ° >o~ z ~ ~ : = a»,~ o ~ m ; w - s ~ ~ ~ ~ v~ o~o ~ ~ 0 - Qa~ ?y °ti o ~ ~ N ~oa ~ ~ ~ ~ - _ A ~ ~ H ~ ~q ~ ~ < ~q C~' $ ~ZO A W ~ ~ A,~ ~ ~ . ~ ~ BO K~V~ PAGE ,'~.L ~ ~ ~ 1 i ~ ~ . .t-~. = . - ~a-~,,~ '-r"s 4c~~~~~~ r.,~'' ' Y _ > ~ ~ ~n~