HomeMy WebLinkAbout2863 r•.
TO(~T~t WITH all ac~ditirona, r~pl,scewsnts aud ~up~rarMSntia te arpr at t,lw
r~'a6o~s ~d all and eitigul~?r tAs f~ne~snLs, l~sredita~snts ~?ad appur~enance~
l,h~srstro bslo~og3a~g, aad tbs s~nts, iaaws aUd protYts th~acsot, and also all the
est~t~s, rig6L, titls, iutsrsat, howsstead, datear, ssparats •atat~, poeasasio~,
c1.ai~a aud de~nnd v6stsoa~re~, a• ~ell ia L~ ae in equit~~r, o! t?b~ anid Moartg,agor
in and to t.6s ~t,~t6ed P~c'op~~rttiy sod ~nrT Psr~ the~ot vith tb~ appurLenanosa,
speaifioal],y' 3AOlud3og all ri~6tia aud oqnitiss ot r~c{e~ptio~n, a21 ot vhiaD ue
he:'ebY euq~resa~j? ~siv~sd. (L31 ot tt~ lo~egainn~, rb~t~bsr aansistii~og sntire~r of
~ Pr~l~"tiY oor' entirsl~ af clxtt~als, oac~ ot bo~6 rsal paropsrty aad chaLtela~
is bersia !c~ Qo~rsaie~nas oallsd •th~s "woart~agsd prcpsrt~") .
TO H~VS ~1TD i~0 H~D t~hs aaid woac~aged p~topa?t~ and eve~? part thareot
unto t~he Ho~rt~ges larsv+er.
p~~ ~~s woa~tg~ge ia ca t~ esprsae oonditioa, that it
t2is Hort~tgor e~s11 p~,y aar aanas t?o bs p4id a11 0! t~bs ~or~?e ~sn~loa4ed 3n stid
"abl~atian" aad t?hs interes0 t~haa~soa~, ~ll at t,bs ti~sa aad in ths samasr as
t~hereia agrsed t~o bs pafd, acccrding to t~Us tacus inte~ot aAd as~ning t.6srsoi,
aad e4a11 p~,y all ot~hsr sums p~o~id~sd to bs pa3d by t.1~ia ~oa~"t6~6e~ ~ shsll
perYoria and abids by all t.bs conroaants ~nd agrsa~er~ta hsrefn and in aa3d
"~1igs~ioa" contaiasd, t,6en thsae pzesan~a st~a71 bs ~roid and ti~s eatats be~ein
and herebY g~aaR~d ebitll oeass ar~d d~terai~as. .
?IdD S~ID l~fatlti'~li~ doss bereby co~er~ant vitti t~ba Moet~agee t.hst aaid
Hort~t6c~~ at the t3as ot e~osautian aad daliv~sry ot t~bsa~ parsaenta, ie t.hs
abaalnte a?ner ot and in poassseiau oZ said oo~~ged p~~opssLY3 thaL b~s baa
a good right, i1~t]. po~rea~ atW Lxit~l autDarity t,o aanvsy ths a~a~as in t!w ~a~ea~
ar~d faa~ bsrsin ast lar~thj tl~t aaid PTOpsrt~? is h~es snd alesr o! all lisns
of xhatar?er naturs, szosp~ ae apecif~.~ll~y seationsd hsrein, and Mozt~age~ar
f1~t~Y varranLa t~6e titls to aaid pTOpsrty ind witl detsnd the a~as~ ag,ainat all
laviwl c1aL~s a~ de~nnda e~oospt lSca~ ths ~arraati~es co~ttiaed ita tbs encvr
brsaces h~erein spscitiosl],~ sst fe~th.
JIND Tffi~ ?fat'~ doea berebT ru~er co~ensm, pa~caiee and agree xith
the Ho~tgg,sg~ee, ita successaa~a and aaa~ns, as tallcva s
1• ~io~t~gsgor Mill n~+t caawit a~r w,ast~e, or vealcen or impair the eecurity
of thia ~ortig~age; will p4y, prior to dslinqusacy, all t.axea and assesa~ents
lev3,ed cac~ 3aq~ssd oa esid p~ropsrty3 ~ill loerP ~6ed P~aP~'tY ~
in ench a~snn~ear and -in suah a~ounts aa Ho~'t~~es isY recluirs; and wi21 not
re~avs an~y ol~sttels, if incindsd 3n thia a~o~t~ags, !'raw tbe preeisea vhe~~e t~t~ey
ars naw sitnated, uit~ha~t Koart~gss ~s ~rMttsn conseat.
_2. Iu tbs eveati ot anit ~o ta~scloae tbia sa't~6es Ha'i't~eges ~ha11 be ,
eatit~led, aa a~att?as ot rigbt,~ vitboat rs~ard to t?~hs val.u~e a!_tbs sartg~ged
P~aPer~7 oar t.o tbs aalvenqy ot Mortg~ga~~ ar~d ~it~ho~uL notice, to t.~s. appo3at~ent
ot a Rsoeivsr o! t.he ata~g,a6~d Prope~tY sacl ths i~nca~s snd pratita t~hersol.
;
;
3• Ia tbe a~nt o! ~icart~agvoc's t~3lure to pay ta~oee, or te losep t.he ~
Poceaisea inaured as required, Kortg~gee may?, at ita aption, bnt ia not requfred
t?o, siaioe eonoh p~y~suts, and tbe su~a ao advaaaed ah411 be repaid by I~''t,ga8os'
vith it~Eerest ss pa~e~Ld~d ia tbs "G~l3~tt~,ids ; and asid easa so psid by the
H~6~ s6~1]. be eecured by L~bi,s ~artg~gs. `
4• In tde event o! a~y det~ult iu tbe ter~oa ot tbe ~Ob1.3~stion" or t~his
~~Bes K~'tgagee ~ay, at ita optiou, decL~re t.hs Mhate indsbtedneaa secured
t~hsreby to be 3a~edist~ly dus aad pa~tbls. _
5• Tbat uo eataa~aion o~ modiPication of t~be psy~snta to be nade as
he~rei~abare sat torth, and no raleoes ot at~y part a~ p~rts at tbs moTt~aged
Pz'apsrtY~ a~ o! otLer callateral ascuriag tbs abare-deacribsd 3ndebtsdnesa,
even tho~ugh ~sde xitbont oo~snt ot tbe Maa't~a8'or, e1~11 Y'sl,ess~~ ralisve, or
~ac~?rge tbs ?I~gor l~ra~ #.6e p4y~enL ot at~ au~s bersby ascvred, and •
Mo~'t~ages atiall 1~~+er ths ri~t to ralese~ ~rcm tbs 13+ea~ t~ersof a~y pcertio~ or '
~tid~indeb~ P~~ti9s a~ ot~sr col3at~ea~a1 haZd as sscurity Zar
, epectiv+s o! tfis vslne o! t6e rslesesd pae~iau, xltbou~ t
atlecting tha lien hereot as to t?he pa~tio~ o~ paartio~s not reZe4asd, not~ritb-
e~tanrding t~s l~act ti~t e~ch rele4es ~ relesesa ry be siads vit~hon~ lo~owl.edgs
ar carisea~G o! t.bs Hfo~t~aga~, aar ot a~r Qrat~ttes a~ (~ra~esa at p~+rtioua c+t such
P~~Y ttre~rstofars sald.
~
' . • . . ~i
;
eo~K1E6 PACE2~61
- , , -
3
_ ~ .
. _ ~ -