HomeMy WebLinkAbout2237 . `E 1.. , . '
odic~? a Po~icws s~td MORTCII~GEE shsll h~w tM cPtian to noMw and aoohr tn~ aanw on aooo~+rk of th~ Ind~btrdnw s~c+wd h«r!w or ta '
D~rndt sald MORTC.NGORS to ~piw ~+d u» M or a~ry p~rf tMnof fa o~rQ~p witi+out tM~nb'f? wMniti o? M~ki~ a~M ~M.
Ii~n+ or ~i tRdK or b~I virtw of tNs ~o~t~t: and N 1h~ rrwk t~ld t~AORTGIWOR th~ll to? sny tM~on fail to kMp th~ srd P~ni~s
so or fa11 to ddhw pranpty an~? of s~W Pa~ of Marano~ to sald MOR or fa11 promptly to ps~r fi+M1r 0~+~+~+~
or In a~? ~ap~ct fdl to pNia~ ~rN. ~+P~M~. con+PW with i~ b!? ~S a+~w P~~• ~~T
GIVCEE e+M Pl~a and pn? tar ~ud+ le+~rsna a~ny psrt th~rof without wrivi~ a a
M~~i S~MY dw ~h. w~t unda or by -
virtw of !Ns and th~ tull anwur~t of ~h and wxh P~K ~a11 ~ +~d ~1 b~s~ Int~t
from tM d~t~~l~~unH1 psld st th~ ab of sbc and~~~~ P~? ~~t pK an+u~in snd toi+tlw with such t~t sirll b~ aaxd b~r th~
Iien Of Mfi~ 1110~.
To pKmif, oo~wNt a wffK eo w~st~. impN~m~nt or dM~io.ration of ~id P~'oP«b a~!? P~ ~f.
S. It is Mrrb~? speNfialy spwd th~t any wm o? suiris wF~kh mh? be {oarwd or advsnad b1? th~ Mo~ to tM Mort~a +t an~l
tims afta 1M noor~i~ of this ir~d~ntu~e. toptMr with a~t~nst th~noo st th~ at~ s~n~d ~+Po~ at th~ time of ~uch ban or adwna. sl+~ll b~
eqwly s~cund with ~nd h~w tM s~ P~b ss th~ «i~l i~d~btdn~s. a~+d b~ wbjat to afl th~ t~m+t and provistom of tWs mort~apc
Pra?id~d. th~t tMs~
t~ amo~~nt of pdndpsl oulshed~ +t ~ny tGne shall not t~oo~ed an amount pwl to a+~ Fwndnd and fift~r p~r ant
(1 SO~i) of tM princlpn
! 1 amount ori~a{ly s~cw+d hK+bY•
To pnr sll snd sie~ula~ ths easts. d+ir~s and ~xV~s. ie~e~ir~ s ewson~bit att~n~y's he and oosts of abst~aet of Htb ler
curred a psid ata~r time by said MORTGI1iCEE b~caus~ or in th~ ~vant of tM failu~e on th~psrt of th~ s~id MORTW1i00R to duh?. W~ompth
and fuly vaform. disc~~tr. ~~aa+t~. ~fhtt. oo~ripMtw oa++Ph? vrith snd sbid~ bf? ~ach and erwy tM stiD~+~+tians. a~~amnts. aaditioos
and oawnants of ssid Pra~nissaY no1~ ~nd tNs mortssp an1? ot ~IthK. snd s~id ocsts. dy~s and exP~s. ~atl~ ~nd awrY. sfitll b~
inxn~diately dw ~nd ps~?abb: wt+ethsr or not tMr~ b~ noNo~. d~mand. att'erript to toibet or wit . and th~ tull arnamt of wch ard
every wch pay~n~nt shall bsu int~nst from th~ dm tMnof umil psW st ths rat~ of six and pK antum P~? annnn: and sll saW
coats. eh++~s and ~eeu~ so ie~cwrod or pai~. ta~eths? with weh ioterat. shall be seeurod b~? INn of thb mortp~.
7. That W i~ the ~t of sn~r bn~d~ of tl~is Mortt+p or dehuk on ths paR of ths MORTGAGOR. or (W in th~ fwnt anY uf ssW
wms of ma~ey tie?ein roterrod to b~ ~wt promptiy and full~r psid within thirty (30) days nent after tM sur» se~araly b~oonN dus and payabl~.
without derrynd or notice. or (v in the ewnt eath and awrY th~ sNPubtions. ary~eemanls. tondtions and ao~ronants of s~id p~ and
and tFds mortppsny or eitF~er scr not duly. Pr'omPtly ard fi~lly qrlormd. c~schtrBed. executed. effetted. oomPlet'd~AC~I
abided by. than i~ NtFw or any wth evant. tht said s~a b sunh tn~ntionsd i~ sald pramissay eot~ tF~ ~wn~inir~ with tMerost
acuued. and aiin~oe~ays secured herobY~ shsll beoonr dw and p~yable tathwiN~. w tt~ero~fter. st ths optian of sstd TGI~GEE. ss iully
and con~pletsh? ss if sll of the said s~rns of rtwney wer~t ori~inslly stiPulstsd to b~ paid on wth daY.a~y~ n~ in sNd prwnissory noh ot M
this Morfp~s to th~ Contpry nof withstan~~; and tl~xeupon or therqfter st ths optipf of s~id MORtG11~CEE. without nOfio~ or denw~d.
suit at law o? in puity. may be praseait~ed as if all mo~ies sewrod hseby hd m~1u?ed Prio? ta its institufioti -
8. Thar in ths awnt th~t at tM bstimin~ of or at sny time pa~ sn~? wit upon t1~is Mo~rt~s~s, a to foroe~os. ~t. or ea nt«m
lr, or w enforoe psyn+ant of sny clain~s heraur?der. s~1d MORTG/1GEE shaii spply to ths Court havkqt iurisdiction tt~saof fa tha ~ppointme~t
of a Receiver. wd+ Court shail forthwith appoint a Reaiver. of ssid morttaeed property ~II and sin~ula?. i~ch~n6 sll srd sMgubr the
incane, profils. iswes and ra~rarwes ftom whste+re~ mo~xp ds~iwd, pCh ~nd ewry of whith. it b~ t~sslY ~r~d~st~od. Is h~eb!? ^a~t-
eff~ectire ifunct~ia~s and povrers in ~nywise entnnted b'Y
a~tCou~rt to s Reaiv~er. snd such appoi~ ntm~nt shal~)
be msde by wch Court as an
a~nitced equilY ~nd a mstter of absolute ~ight to said MORTGI~GEE. snd without refere~+ce to ths adecN+acY or in~dsquacy of flw value of the
properh? nwrt~sQed or to ths molvaKy_ or insolv~ency of s~td MORTGI~GOR or ths def~ndsnts. and tF~at suc1+ n?+ts. Profils. Inoomes. iu~es
and ra+ranuss shdl be spplied by wth Reoeive' sooor~n~ b ths lien or equity of ssid MORTGI1iC•EE and the prattke of such Gourt.
9. To duy: P~'~Pth? snd iu~h perfam. discha.~e, e~aa~e. effect. oompkts oanvb wtth and sbide by each and fwry the stlvu-
latious, s~tNnts, oonditioes and covanants in SaTd'~bitiisso~y nots and in tMs mort~s~s set fOrfh.
10. Thst M the avent the ovrnarship of tht nwrti~6ed P~amises. a ~^Y Psrt th~.eof. beoana vested in a pt~sa+ other tMn ths I
MORTGNGOR. ths MORTCI~C~E. its woosssors snd assi~ns. maY. without noRios to the MORTGA~OOi~ deal with such wooessa or suoasso~s
woossso s
in inte?est wifh referenos M this morfgs~ and the debt Mretyy sscurod in the ssme maru~er as with Mort~6a witl~out in any way vitiatin~ -
or disd~sr~in~ th~ MOri=a~Drs liabilily INrourdM o? upon tht d~bR hOrabY secu~ed. No ssk of ths proenises F~srobY n+ortgsNd and no fors
beanno~ on tha Wrt of the MORTGAGEE or its wooessas or sssip~s and no extension of the tim~ fa? the pryn~ent of ths delx heroby seairod
given by tfis MORTGItit".~EE or Ns wooessors or assi~ns, shsll apsrate to reissse. ~stF~sR+. modiiY. clyr~e o? effrCt tt» ori~inal li~ility of
the MORTGAit'iOR M~+. Nths? in whol~ or in psrt.
i i. it ~ ee.ih ~s?..a ewt ~ of efi. .~os o~ ~+~s oa,~ ,~+a ewt ~o a s~n? obna~ h.rw,~,da a o~ efi.
obligstton secured~ shall at sny tt~ns t1+~sft~. t» heid to bs s waiwr of ths tenns Mreof or of th~ instn~rw~t sea~r~d Mraby. •
~ IN W11'NESS WHEREOF. the said MORTGACrOR hss hsramw s~t his hr+d and sMl tM day and ysu 8~st sfonsaid
510»d. Sssbd and d~livrrod in p~no~ of:
; ~.;~!~a~~1~~ ~ ~ - -
f ~ ~ r _ '
t
` G ~
~ , • ~
couNr~r DEWEY FLANNERY ~ ,~,a
6don n~ P~~ti wv~~d - -
MARY F~ANNERY, ~~,,,ir.. ~o ~i w~..~a ~ w~,~. ~ e. s+~: ~~a~.~ d~.a a
;na vrl+o .~aa~tee e~,. ~ ie~stn~nt. ane scknowbdpd b~r«. m. eh.r th.~? ex~cuc.a d» same ~or the purPot~s d,.~+ ~p~d.
~Tb1~SS ~l o~cial ~sl tF~k_ ~i~ ~ ~Gt~bB~ /l D. 19~
~ ~:~i. 7/
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