HomeMy WebLinkAbout1013 . ~
i. 11o p~ aU ~?d dn~ulae t!~ oost+. charsea. exp~uq aad attorney'a Leas rea~oaaba lncucred ae pdd at W tlaat
b~ tM 1[oet~~ baoau~e d a~ detault as to W rtipu4tloa. a~aaeat aad oovenant vt tM not~ aM t~ls 1[ortsap. ae
dtl~er. or in wtt oe proaedtns at law oe in equlq? to wdich tM ~tortta~ee shW M~nd M~ooan~ ap~r1~ ln retera~o~
to tbe l[oet~a~ori latered !n tM Pn~ Mreln aiortsased. oe ia ausWNns the 1len or pNoMU? o[ tbls f[~et~ . tlw
anwunta oi aq~? weh oo~t~ duRea. e~cpenss~ a~W ieei aAall alw be deeaaed a charp and InBebt~dae~t ~M:~u~ Mr~O~
~nd bear fnttreat at the sa~ r~te as tbe prlodp~i 1ndeDtednesa
In w. w.At aei.~n in .,~y oc w. oa~a.nv oe cw Mort~a~e, u~e Mo:es.~e. r.acp~e..u? st~, u~. e+sIIt.
whkh mq b~ exercised at a~? ~ ducint tM exbt~noe ot W default an~ ~o la~ as a dehult ahall ~t. to tala po~a-
doa ot and hold tM preaase~. witL oe witbout proce~s at Lw. and oolla~t ~nd reoelw tlw reat~ 1~n~s and pra~ts
tbereiro~a. v?ItA or wftlwut talcin= po~adon ot the premise~, ~nd to app~jr t~ renb. i~nNS aM pro~t~ to tb~ p~ymwt
ot expense~ ch.rQes ana .mouAb aae aAa p~raDl. under tl~e provWons a the noce a~ tbl. ldost~.,t.. Tl~. Hort~or
adp~s aod tran~tass tlnto tL~ ~[orts~see tbe renL, lswes aud pronts ot tM premi~es foe the pnipoM atoe+e~ald. Tbs L1c-
Mort~e W torcclo~e tbis~M~oet~ap becatise oi a dehultrents by the ~[ort~ae ~haU ia no way watw tIM rlsht ot t~
a
s~~iit%r cM~O~~i ot~reoel~rer~
a'~dasu~iar tb~e
pre~nl~ana the'~ few~and
pr~b~r
o~aiw
tl~ereupou tbe Oourt shW iorthwitb. as a s4id matter ot rt~ht ln the Mort~ee. wd wltDoat ooaddent{on oi th~
value ot tbe mortsa~ed preinlses as seearlb for tht aa~ounts due the Mo~asee~ or tbe wtveac~ ot aay P~~ Pe~
bound for tM p~yment o[ uch aa~ount~ aud without aotlo~. appolnt a reoelver ot all such prwnlse~ wits tM w~al powen
and duties facludins tM po~wer to rent We presnisa aad to collect tbe reatal tLereoi aad tLerefe~om. tM r~veuw 8aived
trom said psemf~ to b~ applkd to th~ Proper c~anes and expenses attmdln~ tM realveMlp. tasa ~nd aoa~meab
aad other chae~ea a~ainst and for We protectioa oi tbe praai~. the pqment of tUe inaebtedneu sscured htreDy. or ~s
tAs Oourt my? otherwtss dlrect.
8. It We premfsea~ or ~y P~rt tLereo~ is tal~en or daa~a~M uiWer a~ power ot emtnent domaia oe atbetwise. t~a
~rLatewr moaeps Nall tl~eieby bsooine due tbe Mortia~or are herebY a~ed and shall be pald to tLe l[oct~a~, wLor
attes deductin~ W teuonable cosfs ~?d eupense~ wl~h maY have beea lncurrsd bp !t 1n tbe oWlectlon tMrea~ ~11
~~~RY~ ot s~~ich mo~e~rs oarer and abc~tLet amounts ato~ Lo P~U?~ fnBeDte~~ps
bereb~ r~i0
sbW be paW to tAs l[ort~or.
8~ Tee Moit~ee ~6a11 hav~e the slsht at any time and iraun Wne to tiaae. end vvithout aotio~ t,o or oooseat ot w
Persoa. to release W Portlon ot tne premfses h+om tLe llan a[ thb Mort~ate and to extend the tlme at p~,~naent ot all ar
aW? Wr~ ot the indebEednar, withont aQectln~ or releadn~ tae pessa~al liabWb oi anp Perso,n Lab1e tor tLe pqm~t at
any sum or lnterest ~ecared MreD~ and withaat in sn~r.wi~e alterins. var~rlnt or d~fafsdtn~ the toroe. ettect or lka d ~
N4 Mortea~e oa all of tLe pnani~a not ~apeelscall~? relea~cd fe~nm the Iten d thfs Moetp~e ~r the M~tp~e.
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~b oo~ab ~ ooatatad sh~li blM. and !d b~IIb aed tl~antasas slall fanr~ t0. tbe rapeetlve bM~ wat-
' D~. ~ P~1
~~r, ~od ~ a[ W nndse' iocfide W~ratlt is
ia~teadadn tLat th4 Yottpt~t aad
; th~ nob D~r~b~ Mcur~d ar~ nade wltb r~aoe L~ aad dsaU be ooortrnsd as a~foslAa oontraet ~nd ~r~d 47 t~
laws tharoL
~ a~ WH~!'' tLt ~toetsa~or btt+Ma nam~d h~s ~eretmto aet Ws h~nd aad a~al tbe dq aod ~rrar Mt
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