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~ 1~1IITH all additiona, replacementa and iapro~ve~enta Oo aq~r of t2~s
loregoing, and all atsd aiugul,sr ths teue~snta~ hersditawsnts aad appurtie~ACes
thsreto bslanging, and Wye rants, iaaues and pTOtita thereot, and aleo all ths
---e~t~te, right, titls, interest, ha~estead, daror, sepa:ste •sta~s, posssasio~,
claiw and d~ema~d vhstaoevez, aa Mell in Lv as in equitT, oP t,be aoid Mo~tg,ago~ ~
in ar~d to Lhs ~eoa~t,g,aged Pr'ape~LY +?nd er'n'Y Par~ t~ereot tiritb t.bs appur~enauoea~
specitioslly including all righ~a aad equiti~se o! rsdeaQtiop, all o! Mhiah are
hersbY e~qu'eael~? waivsd. (~11 0!' tAe ioore6~6, ~stber coasisting ~tirsls o!
re41 praperty oar sntirsly of clntt.ela, oar ot both real propsrty and cbattsls,
ia berein iar aonveniencs osllsd the '4~o~t~ged propert.y") .
T0 HINS A1~ID TO 8~D t~he ssid ~roart~a6ed PY'opa'tY ar~d eve~`Y Pirt tbereo~f
unto t?be Nortg,ages toremer.
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PRpVIISD /ILI+IAY3, ~nd trhis aort~age ia o~ tbs sxpreaa co~dition~ t.Aat it
the Mort~agor eha]1 pay oz oause to be paid all o! t?4e a~asys msutioaaed ia said
"Cbligation" and the interest W~eareo~n, all at ~ the Liasa aad in W~e sanner aa
therein agreed to bs paid, accoarding to t~t~e trus int~eat and msaning !?hei'eol,
aad et~ll pay all other aw~a prcnridsd to be paid by t.hia wortgage, and ahall
perYora sa~d abide by all t.ha cavenaats aad agraementa herein and ia asid
"tbligation" contsinsd, thea theae preeente aball bs void an~d tt~e eetat~e harein
and hereby granted al~sll cease aad dste~ine.
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AND SJIID MQt1~(il~t doee hereby cove~~ `tith t~he Hoort~agee that ae?id `
Kart?gagor, a~ t.hs ti~o~ o! axecutioan aad delive~Y ot t~ees preseAts, ia tbe :
absalute a~r ot and in poaaesaian o! s4fd ~oartgaged propertiy; t?he?t he Laa
a good right, l1~11 po~+er and la~. aut.ho~rity to aonv~ey ths ee~ata in t?6e aanne~c'
and ica7a berein est lo~c~th; t.bat ~id praperty ia tl~ee and alear oi all liens
o! xLat~e~ver rnLure, eYaspt sa apeciPioally ,sntionsd herein, and Mo~rtgager
Y1~32y ~rronta the title to ~id propertiy 4nd Mfll dslend the ea~e agafnaL all
lavfl~l cl~a3ma and deanads e~ocept t~ro~ tbe ~rrsn~i~ea cout~a3Aed in ttie encun- ~
brsncea berein apecifically set ieTth. t
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AND THB MQ~Z~A(i~t doea l~ereby Purt~her covensnti, praoi.ee and agree xith ~
t.t~e Mortg,agee, ite aubceaaoTa ~nd aasig~ne, aa lolla+a: ~
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' l. Hortg,agor ~+ill nAL caa~it a~? xaat~e, br ~reaken or impair the security ' '
of thia aortgage; ~ill PsY, Prior to delinqusncy, all t~ax~e~ and aesesements
levfed ar 3~upo~ed Qa asid propertY3 ~+i17. IoeeP t?he eo~'t~a8ed P~'aP~'tY ~'e~ _
in such ~mannsr sad in suah a~otints as Hert.gages ~e?Y ~1~3 and vill .
~ re~sonre a~ cl~attela, it inclucled ia t.hi.s ~gs, -t'rae~. t~be pre~isia i+heare they
~ are naK ait,uQLed, xit?6aut Martgages ~ a i+ritten consent. ~
~ 2. In the e~ront ot anit to laarecloae this ~oort~?ge, HortgaHee a~sll be
entiLled, aa a mntter of rigbt~ tirithouL rsg~srd to t.be value o! the sortgagad
property or to t.be___~o].vency o! Mort~agoar, and xithouL notice, to tbe appointiasnt `
of a Receiver oY t?tse ~naartg~god property and t~4e incaue aAd proYita thereat. .
3. In tLe event ot Nart~ago~~a th3lure to pay ta~oes, aa~ to keep t4e I
,
premiasa 3a~ured aa required, Mor~ges ~y, at ita optioaa, but ia no~ required ~
to, •stke auch p4ymenta, and tL~e stmte ao advanced ahall be repsid by Mortgagor ,
~rith interest as pac~ovided in t~e "~].3gat?io~s"~ and aaid aumaa ao psid by t.he
Martgagee aha11 be seaured by tbia eoart~sge.
In tbe event oY ar~y detgult in t?he t~er~aa of t~be 'bbli~?tion" o~ thia
~aortg,ages Ho~t8a6ee ~osy, at ite op~io~n~ ~rs t?hs xhale indebtedoeaa secured
thereby to be imeediately due and p4yable. ;
- 5. Thst ao extenrdon or moditioation o! t.he pay~eants to be eade as `
herefaobwe eet forth, and ao releaae oi an~? part aac psrta of the mort.~aged
~ PY'ape~Ys o~ o! otber collaterel aecur3~g the abave-de~cibed indd~tednesa,
~ e~ven though made ~rithout coneent of tbe Mo~t,g,~gor, eha,21 releaae, rsl3~evs, var ~
diacharge the ~ia~t&agar lyroa tbe psyment oY a~r a~ms bereby escured, and ~
~ioartg,agee al~sll he~ve the rig6t to relsaes tycam the lien heareof a~r partion oa~ ;
Partiaa~a at #.he a~ortBaged P'ropertYs ear atber callat?era~~ be].d aa eecurity !rr ~
eaid iiydebtsdneaa, 3rrespectime o! ths val.u~e ot the releaaed po~tion, ~+itbotit
aYfeatiag the lien hereo! aa to the poi-tion o~ portione not raleaaed,. Aotxith- !
~taading tl~s thct ths~
t~e~uch'reles ~(lrsnt?eesor QrantessBOY pert
QnB~e~t~saich ,
or conaeat o! the M ~ ~
P~~Y ~eretato~re aald. `
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