HomeMy WebLinkAbout1403 jPCS~ 1'e(G.SO)t(L!)6!/ l/lC1GI'PP[L 0/' )1(Ll(L ((G [l/[J lG//fG UJ~iUICG .~elw ~SU}~~~-c vr~~i~sac v~ c«c ~wcowiG
o~G the part uf the sui~l. ~Vo?•tyu~a• to pe? fur~rc, conaplJ evith c~i~ uLide bJ ~~acli. a~rd
~~r~erJ the .titipu.lutiui~s, con~itiuns an~ cuve~i~u~ts uf said pro~~:is~ort~ notcancl this deeal,
or eitlier, aircl everJ stcc/t. ~aJnteitt s/tull be~ir interest froi~t tlnte «t tlre rute uf 8ix `
~~er cent. per an~aunL. ~
To ~:eep tlae b~ci.ldi~rs noiv a~ hereafter aa sai~l l~ind. insicre~l iia a- srem iiut less
tha~t highest insurable value ~ta~c, iit co~n~xury or cnntJictiti~:~ to Le
upproi~e~ LJ suid. ~~tort~a.~ce, ancl• t/re polic~/ or /~olici,es /rel~l. bJ ~~ie~ pur~able to said
~llortsa~ce, Qirtl ii~ the cveitt tt~a~/ •~r.»a uf 7IlUIlCI~ LCClI)!/P1 pctJctLle re~~der srcch >>ulieJ or
polici~x, tlre „jlurt~U~Ft' SItQII I!(«~e t/~~~ nptio~r. tu i•~~ccive u~rcl aJ~Ji1J t/ir ~rn~r~~ on «ccortnt '
of tke indeLtecl~rc:ss /~c~reLy :~~cr~.re~l. or to ~~criuit ilr~• ~~11url~a,or ta i•e•cc~i~•c ancl. r~ac it, or ;
ctnJ prcrt tle.ereof: fi~i• ofher ~~~c~y~u~c:,, rcithorct t/~~~rc~bJ ir.uic~tieo or in~/iui-~•iii~ nny eqrcitJ '
lien or ri.sht rci~cler or L~~ uirti~c uj' this niort~~r~e, «~~cl ~ua~ ~,lac•e ~r»i~ ~~ui~ fur sr~ch.
insicraitce or uiai/ /~cert t/~e~reof; tcithatct t~ai.ui~~~ or ~ifj'c•ctiia~ the uptioit to jureclose or
artJ ~•is/tt /iercu~z~ler, a~itl Pric%. a~rcl er~rJ ~~ich paJnic»t s/iiil.l br~a~• ii~ter~st j"?•o~?i ~i~te
at the rate of six ~ier c~rtt. ~~~~r an?r.tcnt.
5. To perr?tit, comrrtit or sreffer no uaste, impairntent oi• dete~7oration of said
property or anJ part tliereof.
6. To perfornt, co~npl~ zvith, anc~ ahide LJ each and enertJ tlre sitprt.lafions, a~ree-
»tents, conditio~is and coue~ra~ats ii~ said pronaisso~~J note ancl in t/iis deed set ~furth.
7. If any of said stcnas of mo~aeJ herein referrP~ to be not J~ronaptlJ anc~ fi~llJ paid
witlain thirty ~nJs nea•f after the sunze .seUerullJ Lecume ~rce anc~ JmJuble,
or if eacla ccn~ ever~ t/ce stiprclations, cr~rePmeia~s, cuiiditions cntcl cove~iants of sard
prontisso~y note a.~t~ tllis deeaG or eit/~er, are irot t~i~•1J pcrforn~ed, curnplie~ t++itlr and
abided LJ, tlae sttid a.~sres~cte sunr. naentio~eecl i~a saa~l pronzissorJ note shall Lecome
d«e and >>aJable fort/rzvith ar thereafter at tlee o~~tioia uf the .~Ilurt~a~ee as ficllJ and
eo~npletelJ ~cs if t/te said ct~~re~ate stent of Principal amount of unpaid balanee
~tdc~~vas ori.st,nullJ stt->>r~lated to Le >>ard on sr~ch. c~a~,
atnyt/tin~ iit said prontissory note or herein to tlte cu~rtrurJ ~aotr~~i.tltstandiit.~s.
8. The JFTortga~ee mcty, at uny time u~hile a suit is pendi»g to foreclose or to reforni
this morltsage or to enforce any claims ar~,si~a~s h.ereunder, applJ to tl~e cozcrt h.ccvir~~
jurisdiction thereof for the appointnaent of a receiaer, and srcch. co~crt sieull fort/awith
ctppoint a rece~aer of the premises and aIl other ~roperty cuvere~ hereLr/, incl~cdiiag all
ctnd singulacr the income, profits, re~ats, i,.ssues and reUe~aeces f'rom u~/t.cr.tever source ~le-
rived, and, such reeeiaer sh.atl hctve all the broad and effective fiinetions ancl. porvers in
anywi,se entrusted by a corcrt to a receiverandsru;la appoi».tment shall be mcu~e hJ si~ch
court cLS acn admitted equity and ca matter of absolr~te ri.ght tn said .1Kort~a~ee, acn~l
urithout reference to the adequacy or inadequacr~ of the va.ln.e of the propertJ n,.ort-
gct~ed or to the solaency or insolvency of sdid ,rtilortgaoor or the defendanfs, a~d suc/1.
income, profits, rents, issues ctnd revenues shall Le applie~~ by srcch receiver ctccordi~g
to the lien of this morl~age and the prnctice of such court.
~
,~It ~tfri~SS ~I~PrPAf, the said Mort~agor heretcntv sets lai,s hand and
seat the day and year ~trst above written.
Si~cted. Sealed and Delivered in Presence of:
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