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Home My WebLink About1655 ~3. To pay all and singular the costs, charges and expensea, includin~ law~/er's fees, reasonahly incurred or paid at an~ time b~ said ,~K~ort~a~ee becaccse of the fa,ilure on the part of the said .hior~~a~~or to perforin, comply with and abide by each and euery the stipula.tions, conditiona a~ aenants of said promissor~/ note and t~his deed, or either, and every such paynient s~bear iRterest from da.te at the rate of lpx ~ per annum. To keep the buildin~ now or hereafter on said land insured in m sicm not less - tlucn its taca~s inauralle valu~ in a company or companies to be approvec~ by saial JKortga~ee, and the policy or policies held by dnd pa~ctble to said .JKortgagee, acnd in the euent an~ sccm of moaey becomes payable under sr~ch pulicy or polici,es, tlte ,Mort~agee shatl have t/re option to receive and ccpply the ~?ame on account of the indebtedness lierebJ ~cecrcred or to per~nit the .~lturi~a~or to receive a~:d rese it, or any part thereof, for other p~crposes, witlwut therebJ waivin~ or in:pairin$ any eqicity lien or right rc~:der or L~ virtue of this mort~a.~e, and ntay place and pccJ for such znsurccnce or anJ ~xcrt ther•eof, without waivi~c~ 'or ~c~ecting the option to foreclose or dny ri~'ht hereun~er, and eueh and everrJ such payment .slurll bear interest fi~om ~te c=t tJi,e rnte of 14~ 8i~1.o ~ Per annurra. 6. To perrni~t, commit or suffer no wctste, i~npairntent or deterioration of said prnperty or any part thereof. 6. To perform, comply with and abide by each and every the sitpulations, ac~ee- ments, conditions and covena,nt,s in said prnmissory note and in this deed set forth. 7. ~f any of sdid sums of money herein referred to be not pnnrrcptly and fully pcaid within 10 c~irys ~aext after the same severally become dtce ctnd payable, or if each attd every the stipulations, Q~'reements, conditions acnd covenants of said prnrr~i,ssory note c~nd this deed or either, dre not duly performed, corriplied with and a,bided by, the sdid c~ggre~ate surra mentioned in said promissory note sluttL become due ccnd pctya,ble forthwith or thereafter c~t the opti,on of the .~ort~agee a,s fully a,nd corrapletety as if the said aggregn,t,e su~n of ~~y~p~ ~t~ dollars wacs ori~na y s zpcc d-to ie pcr ~ on s h dcty, dnything in sdid promissory note or herein to the contrncry notwithslanding. - 8. Th~e .1Kortgii~ee ~ncay, act an~ ttm,e while a suit i,8 pe~din~ to forecloae or to reform this ~nort~'age or to enforce any clciims a.r~sing hereunder, apply to tlae court hccrrin~ ju,risdiction thereof for the app,ointment of a receiver, and 8uch court shctll forth.with ctppoint cc reeeiver of th.e p~m,isea acnd alt other propert~ eovered here by, ineludin~ all and singula~r the incorrie, pm~i~s, rent8, issurs and revenuea fro~n whatever source de- - rived, and such receiner shall have all tlu brnad and effective functiona ccn~ powers in anytaise entrusted by a cou.rt to a receiverandauch ccp~uointment ghatl be m,a~de by such court ar~s ar~ ccdraitted.eqr~it~/ and a nzatter of absolute ri~ht ta said JKort~cc~ee, dnd without refer~nce to the adequac~ or inac~equacy of the value of the prnperty nwrt- ~ ~aged or to the soluency or tnsotvertcy of said .~lfort~acgor -:r Ehe defeitdants, a.ad such ' incom.e, prnfit~s, rents, isaues and revenues shall be appli~.~-~ b~ Such receiver o~,cordin~ ; to tha lie~a of this mortga~e and th,e p~w,ctice of such court. ~ ~Zt ~ttitpgi~ ~~p1'pDf, the said .JKort~a~or hereunto Sets his hand ctnd 8edl the dab a~ed year Jirat above written. Si~aed. Sealed and live in Preeence of: . . ' ~ _ ~ .i,~,,,t ~ c . 0 R~ , , ~ . 600K • ~ - ~ ~ i ~ ~ - - _ ~