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3. To pl~c~ u+d oontinuously ke~p on 1M buitd~ngs now w h~reaher s~twts on said luid ~~d on all eqvipmeM and person+lly cowrd by t1w mort~ ~
•ge, with ~11 prsmiwnt thatepn p~id in fuil, fire insurancs iri the vswl stsndard policy fum, in s tun+ spp?owd by tM MORTGAGEE, and w'u+dstwm j
~~su.anc~ in the uswl sqadard pol~cy fam, in • wm approved by ~he MORTGAGEE, in wch comp~+y or companies as the MORTGAGEE m+y {
d~recr, and all fin and wind~torm u~swance polKie~ on sny o/ sacd build~rgs, ~ny Interest therein o~ p+?t thereof, ln ~h~ aygrey~~~ swn aforfsad w ~
Fn excess !lurwf, sMll contain the vsusl standxd mortgages clausa o~ such otns~ davse u ti?~ Mortgages may requ'a~. makinp tl+~ 1ou wwJer said po1F
uas, cach ud ~vaY. paYabte w said A10RTGRGEE u its ioteres~ may appsa~. and eacA aod every svd+ policy ihstl b~ prompNy ass•yned a~+d dclirered to
ar.y held by ~a;d MpRTGAGEf as furrher secvrity to ssid mongs9~ debr, an~, not less than tM (10) daya in advu+ce of th~ expiration of each pol~ty. to d~-
G~er ro s~id MQRTGAGEE ~ rMew~l th~rwf, wpe~h~ with s rece~pt fw the pram~ww of wch rer,ewal; and there shall b~ no fae w windstorm inswu~c~
plxed an ~ny of s~id bvlldinps, ~ny intaest thaan w part thKeof, unless in the fo~m and with tF+e bss p~yible as sEw~sa~d: and in the evenl aoy wm '
oF money becanes payabl~ vnde~ svch policy or pol~aes :sld MORTGAGEE shall h~ve the optan ~o rcaive and appty the socne on accax?~ of the indebted- ~
~eu se+cwad he.eb~r or a perm~t sad MORtGAGORS ro rcceive s~+d us. it w iny part thereof fo? otiur purposes, witiwut thereb/ waiving w impair-
ing anY eq~r;ty. Gsn ar ~ght u~der cr by ytnw of this mo;sg~e% and in ~he even~ w~d AIIORTGAGORS shaU for sny reason f~il ro keep the sa~d pre+n~ses so ~
insured, or f~il b deliver promptly any of said policies of inswance ro said MORTGAGEE, or fail pramptly to pay futiy any premium therefor or in any ~
respect f~il b prfwm, d'asciwge. e:etvs~ effect. complere. compty w7th and ab~de by th~s cover+ant, or any psrt hereoi, said MORiGAGEE may plsce and
pay fo~ wcb irouranc~ ar ~ny part theraof without waiving w ~ffectirg anY optan, lien, equ~ry. or right under a by virtue of tFis Mort9aQe. and the
fu~l smovnt of each and evKy sucl~ p~yment ~0 be ~mmedNtey dw and p~yabls and sh~N bear inrerest from tM date thcreof until paid at the r~» ol
nine pK pntyrq per ar~nwn and together wiih such intereat shall be secvred by the lien of this mortyage. ~
1. To pRrmit, oomnit a wfFt+ oo w~str, impsument or deterar~tion of said property w any puf thereof. ~
5. To pay all ~+d sin~utar the coats, charges and oxpenses, including a reason~bk arto.ney's fes and cosn of sbsrracts of titte, innx.ed or paid at
any~ time br ssid A10RTGAGEE, becavae or in the event of ttx fsiiure on the put of tM said MOitTGAGOR to duty, prompNy ~nd fvlly pcriorm, dad~arga~ ~
execute, effetl, wmplet~ oomply with and ~b~de by esch and every the sr~pular~ons, ~greements, cw~d~tions, and cover~nn of said promissory noro u~d this
mortgaye any or either, and sa~d costs„ ch~rges ~nd expenses, esch and every, shatl be immed~a~ely due and payabk; whrthe~ or not the.e be aorice de~
mand, sttempt to oofkct or wit ~~dings and the fu!! amow~t of each and every wch paymcnf shaH bea. interest from tF?e date thereof uotil paid at the
~a~e of ~ins ~,er centum per anwm; and all s~id oosn, charges and expenses incwred a psid. ~oge~her w~rh sucA ~nre~est, shall bs secvred by ~he lien of tha
mortgape.
6. Tlwt (s~ i~ the event of u~y btsach of this AAorlgage or defaulf on tM p~A of the MORTGAGOR. w(b) i~ the event a~y of ss~d su.ns of ewney ~
herein refened b be not promptly and fuly p~id wifhin thirty (90) days next afta the same severalty become d~e and p~yable. wi~hoW demand o? ootice.
or (c) in the event esch and a.-ery the stip~rlations, ~greemenn. cond~tions srxl covena~rs of said p~om;ssoay note and th:s mortgaqe eny or ei~her are o01 ~
iuly, prornpNy ~nd fuUy perfamed, d'acFurged, executed, effected, completed, compl~ed w~th and sb~ded Sy, then in e~ther ot ~ny such event tha said ag
gregate w~n m~ntioned 'n: ssid promissory rqte then rema+ning unpaid. with inre.est acuued, and all moneys secured. herebY, shall become dve and psy- i
ebte fwthwirh, Of fIll1'NHK. at the oprion of said MORTGAGEE, as fully and completely u if all of the said sums of money were orig'u?ally sGpulated ~
f
to be Paid on sud? daY, anYtM^9 M s+id P~a++~asorY nore or in this Mortgage to the contrsry notwithsundinp: ud thereupo~ a thereafter a~ the op~ion of '
sa~d MORTGAGEE, witfw~t r?ai;c~ or demind, wit at law or ;n eqv~ty~ tI1l~tFOfQ Of tFIHNIiN b!$W!/ Q1~Y bf PfO~lCtITld u if sll moneys secured hereby ~
naci m~tuted prior lo ih in~tifuTion.
7. That in the event th~t at the inn7 of or at a~ time ~
beg ng y pe~dirg sny wit vpon this Mortgsge, or to foredose it, or ro reform it, or to enfo?p °
peyment of any daims hereunder, said MORTGAGEE shall apply to the Court having jv.isd~ctan therso( ~or the appoinbce~t of i Receiver, wch CouA shall
forthwith ~ppoiM ~ ~KCivl~ OI t~i~-mortpa9ed property all and singular, incl~d~ng all and singutar the income, profits, issues ind revenues from whatev~r
:ource derived, each and every o~ which, if being expressly understood, is hereby mwtgaged as if spec~ficatly set fortb u~d desc?ibed in_ the ~ranting and
habendum davses hereof, and wch Receiver shal! have all the brosd and effective funci~ons a~d powers in anywiu entrusted by a Court t9 a Receiver, and
~uch appoie~tment sMll b~ made by w~h Coun as ~n admitted equity and a m~tter of absolute right-to said MORTGAGEE, and without reference ro the
edequacy or in~dequaey of the v~Ive of the property m«tgaged or ro the so~vency a insalvency of said MORTGAC,OR or the defendants, and that such
rents, profits, income, issues u~d revenues thall be appiied by such ReceivH accordinq to the ?ien or equity of said MORTGAGEE u~d the praetice of such ~
Court.
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8. To duly, promptly and fvlly perform, d'ach~rge, eaecute, eHect, complete. complY with and abida by eacl~ and rvery the stipulations, sgreemenq, ~
cond7rions ~nd ~nn ;n sa;d pra,nisswy note and ~his matgsge sN fwth. -
9. That in ths eveM the wvnenhip of the mort9aped prem;ses. o~ any part thereof, becomes vested in s perwn other than the AIIORTGAGOR, tF~e i
MORTGAGEE, in wcceasors snd auigns, msy, withovt norice to tF~e MORTGAOR, deal with such successor or successor in ;eteresf with reference to fh;; ~
mortyage and ihe debt hneby secured in the same manner ss with Mortgagw w~thout i~ a~y way vi+iating or d~scharging the Nbrtysgors' lisbility hKe-
under or upon the debt hereby secured. No sale of the Frcm~ses hereby mwtgaged and no foroearance on the part of the MORTGAGEE a iri waeuors 3
or asaigns ~nd no exttnsion of the time for rhe paymenr of the debt he.eby secu.ed given by the MORTGAGEE w its succeuws or auigns, shall operate
to retease, disthsrye, modifp chu?ge or affect the wig~nal IiabJ~ty of the MORTGAGOR herein, either in whok or in pa?t, ~
10. It is specifically agreed that time is of the essence of this contract and that no wirver of am obligat~on hereunder or of the obti~stion sr
c~red hereby sMll ~f u?y time thereaher be held ro be a waiver of the te.ms he~cof or of the insrrument secured herby.
11. !n addition to the fo?ego:ng nanfhly paymeNS of princ'pal and interest required by the p~omissory nore secured hereby, mortgagor tovenanb
a-,d agrees ro p~y to mortgagee with each monthly paymcnt an addirional sum esrimated by mortgagee to be equal ro 1~12 of the annual cost of the fol(ow-
ing; ~
A-AH reel property taxes levied or assessed agains? rhe above describrd resl estate.
8-P~emivrttl on fir! and windstotm iruurante as Ixrein reqv:red to be c.:rried on the improveme:?ri situate Orf tF~e abOVe desuil7ed prlmitls.
t-Premiurtq on suth mortgage guarsnty inwrarae as mortgsgee shall fra-:~ time to Yune deem fit to carry oe the ban secured hereby.
N4ortgsgee shsll from time to time notify mortga .or in writ~r.g of the amount due a~d payabte hereunder and such sum shall thereupon be due and
Fayab!e on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shal! notify mortgagw of a charge in such
amount. Such sums shslf be applied by mortgagee toward the payment of resl property ta:es, inwrance prem:vms, snd mortgage gwwnfy insurance
premiumf.
~ tN WITNESS WHEREOF, tM s~id MOR?CaAGOR hss hereuoto set his hand and seat the day and ye~~ fint afwesaid_
S~al • delive d in tM Qresence of:
i~ ~ 88 t0 ~ ~
~ j~ Raymond L. Denney Ra n L, Denne a ain ~adult
, , ~
tneaa ~a~ .
57ATE OF ~`~ASSpCHUSETTS C ( 3 e e 1)
! ~ nn C . .enney
cout,mOF Barn~tahlo ca ~ .
e~f«e me pe.sonauy a~e+.ed _R~~w~e~a:F.~~~1Ple~! `~=e~r6~w.aaxZ~;s 7~Ia p8 71 T DATlT1B~_ ~nd
~AA-~ . n8l'3lZB~ his wife, to me well knawn and kr?own to me to b~
~he iredividwta described in and who executed tl~e foreyoirg instr~ment, and acknowledged befae me ti~at tF~ey executed fhe same fw the pwposes
th~rein l~cprp~ed. And tht s~:d- AZ1T1 C. Denney
.v~fe of th~ ssid _ P8 ~1 e1 DB nRV - ~
by me tsken se nte snd uPOn a srpusts a~di(~jr?te
e.am~nstion pa apart from her said husband, atknowledged to and before me that she executed s~id instrurt~t freeiy_and vofu'M.
faril N~ WilfqVi i t "
Y ~Y ~~+^P~bion, caatnint, apprehensan, or feu of or from F~er said F!vsbind. i~" v~,
wttNESS my hand and off:c:a1 sea! t1~ 19t h d,~y of 4y~p: "1'~-~;ij..` j-
. George Sutton ~,ry a~wK ` " ? -
M,, c~~~ ~~.a: , -
a~u,m r~: January 2-6i,- 197~ V-
Fin! ~.i s.,~~. a ~ ws.«~~n~, - j 'c, ; . =~`a~': ,r` -
Of FOrt Dierce. ~ R p,~ ~ r ~•''~h~Ns~~~~;~~~'`'
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