The URL can be used to link to this page

Home My WebLink About0876 . t`' i, ` ` j . ~ 1 8. Ylwt if t6e 1ltertta~or tdls oc retwa to ~6w repair a~d/oe iswrs saiJ premisa. a~ u delt~ a~e? ian~nnoe Polkiea. praaiuaa raid, a~ heoein prorided. or to pq aad dl~charp asp tue~. aMaw~a~ts. liees. ebus~+. or otLer oq~es heniu s~reed to bepa~d~sd disch~rsed. the I?iortis~ee map. at hit or its opNo~. m~ke weh rep~in, procrre wch Lwuaaea. or pap aod or suc4 wca. a~.es.mena, lieas. cl~ar~e+ or other costs. wd that it ~6aq uot be oblisatoq on tbe Mozc~ee to iaqnire L~t~o tbe seoa~ity o~ raliditp ef wch repain. tua. waaoenu. lieas. e6ar~a o~ other cow: tbat wethias liereia ceatafaed shall be ooa- ~trued as reqairios t6e Moctsa~.+e to advaaee aar vonefs fae o[ the pnrp~+rs doresaid• tAat tbe excscLe bp tbs 11at~ee or 6js ot Its optioa W ad~aece aa~en for sneb pn~po~es iball~ ne kiee ~rai~a or a6ect ~is or iu tl~6t ot tar~lowue a as albr Tiaht er r~ 6erwader: t6at all uanay'+ tbw paid ~iall draK Lte~e~t at t6e ra~a ef tan (101 pcs cent per anaom, ae~ to6e,tber .ritk ~11 re~oeabk ~uonia~'s iaa ~s. oba*ta+ abMnet iaa ~ad ripea~a torecl~wra er e~ber prooeediap, ~ll be repaid to tAs 1ldorepaee. oa demaod aad ~bali becoise io mrcb additioeal iedebted~ herebp saaed. aad U aot otberwbe paid b~ the \iatpsor, to be paid ait ot t4e preoeed~ oi t6e sak oI t~e soctrased ~uewiea la ca~e ot foreclasure aa~ baei~ pro.ided. • . 9. ~Ml t10 lItE11lI00 O~ tI10 tlmC Ot mOalrlCltlOR OI lI1Q tEt111i OE pi~tYERt ~1Cf'l~MLO~'O 1't'Cil!'d AOf ar releaae of anf paet o~ iwts of tbe ~ertRased Premisa erea thou~ made withonl tLe coreat oE the Mart~a~w. iball iekue. reliC~e o: d~lia btM Jtort~or l~ow eLe p~~-~uant oi aop ot the wms Lereb~ ~eeured. but ia wc6 e~-eat t6e Matpsor shall ne+re~tLelas be to a~ awns acaord~la te the terms of wd euteasion or modibcatiow aalcet aprewlr releared aud di~Cbarsed i~ wr~tiaa b7 d~e u~1Q~That w atise o[ de[anh in aa7r o[ tbe parmeats o! prineipal or iaterat, aocordinR to tbe teaor or eHeet of ~aid oote or aotes or i~ ease oi tbe actual or thrateued demolitioa or rw~~al ot aa~ buil~ oa ~aid premires. or b the eseat of aa~ aetud oc threatened impai~meat oi tbe securiq 6ereb7 ~ranted. or in t6e ~ceat oi deta t ia the pa~a~eat oi anrpart ef tbe principal oE seid note oc nota ~oco~diag ts tha teoor bereaf. or t6e ta~~w. Premimes oE i~aaraoee or aup othe~ suna to baame due beeeunde~, as tbe sa~se ~6aU respecticelj beeoa~e due aad p~YaWe, or io the ereat ot tbe braeb oi aa~ o( tLe eorea~nts harin oontaL~ed. thea. aad ia anr sac6 enent, t6e eatin P~~W1 sua~ 6~ sxoted and the ioterat tl~~Os lIId iAT WjletOti KWCII ma~ base boeo made tbe !ltort~agee tor repaus, iowraace. tues, ae~q. costs. c6arges, expensei, abstract tea, atWrne~'s fea aar otl~ec~ise, fh~l at the option o[ the ~ort6asee, beoome immediatcly due ~nd papble ~ritlaut fiuther notice and this mortaa6e ma~ be ioreclmed in t6e manner and with t6e aame eHcet as iE eac6 and ecer7r oi the saW indeMedne~s 6ad ot6e:wise matnnd. 11. Th~t ia ease wit shall be i~tit~tcd ia a eompetent oonrt to faeclaee tLis mortpte. the 1liortp6ce shall be entided. as a matta eE ~6t, ~nd rrithout reaa~d W t6e ~alue of the ptemisea, or solveacp or iesolceae! ot the parties, and ~rit6out aotice. to t6e appointment of eome suitable pe~wn or corporatios as a mxi~~er ot and tor all sad siasnlar the ~ao~taa~ed n~isa and the iaoome aad pro6ts tba~eof. suc6 r«a~ir to ha~e the uwal po~rera aad dnties of recetrtts in such c+9ee. iaelu~ the rigbt to eater npon. reca~e. recover and take, oarpkte ponasiaa oi said propert~ and the rents, iaoome aod pro6ta tLaeof ~rhich s6all be aPpliod bp auc6 receiier aceordins to law and under the direction of the eaurt makina wc6 appomtmen~ 12 lbat in t6e errnt tLe mo~aged presmes sball be iold ia foreclosnre prooeedinp or ot6a prooadin6s tlut map Le aut6oriud bp la~r, tbe procteds oi such s~1e s6a11 6e applied as follo~rs: Fitst, to tbe papment o[ all ezpwes incnrred he~ewi- der. iadodioa a reasonable attornry~'s fee for wch ser-ioes as msr Le aeca~a~ fo: the colleccion ot tLe sxured 'wdebeednw or aa~ put t6ereof aad tLa iora~losure of this mortaage; secand to the paqment of rrbaterer wm or sums tLe Mo~aaeema~ )w~ ~ pud or boeome tiable to par ia carc~ing out the options, tcrms aud stipulations of this mor~gase; third, to t6e parmeat and satis- ~ factioa of Raid sote and the iaterr~t theceon 13. 'l~u the mailin o[ a wruten aotioe or demand addns~ed to tLe owner of record of tl~e mort~a~ pnmises, or di~ccted ~ to the said oxnv u t6e ~ address actwll~ furais6ed to tbe ?1io~asee, or directed to said orrner at said iaortgaaed premisa. } and maikd M t6e United Scata mails. dull be a~9'iciwt nocioe aad demaod i„ aoy ease uisins nnder t6a ;o~trnmenc and rcquiral b~r tbe prmrisiooa 6ereol ar bp laMr. ~ 14. T6u the M 6erdr~ rratv~es aU ri66t of booeatcad ~emption io thc l~ce~iaabw-e described pro rtp and ~ o~t~~or r t6at thi~ *wct6a6e and tbe aae or naes ~bore described shall be eonscraed aeoordin~ to t6e larn oi t6e Suce of 'da. 15~ T6at in ,E6e erene t6e Mo~aaos s6onld a,sisn the renta ot the mortaa~sd Premi~ee. or aa~ part tl~ercof wie6oue tLe coa- :~enc of tbe ~iortaaaee. tbea tbs mt~e priociPd sum secured Lerebs shdl, at the option of t6e Mortaaaee. baome immediateh? j ~lde aed pqabk; tlut t4e Mort~oe. to inrther secore the paymeat oE t6e indebtedaaa hueio abore dexribed. doea benM asaias to the Mort~e~ dl tbe n~w and pro6~• oi s~id premisea matnrin6 and becomin~t due sabeeqaeat to and darins t6e pea- ~r _~stwh in the paymept oi aap principal or interest 6erebl eaured or iu the periormaace of a~ of t6e cavenants tau~ed. ib. 11ut eacb and e~Y*F tLe cabnants. te~ms, oonditions aad ageemenb hecein eontained oe tbe part of t6e 1ltortaagar to ~ I~e per[o~med and tept, shall eitead to and bind each ande~~ tbe Mortaaaora, it there are more t6an one, and taeh and ~req t6eir heirs, k~al i'ePraeatati.YS and a~siaar. and thu the :eme sha11 innre w t6e bene6t of tbe Mort6aaee, and/or l~eirs~ a~in- ` istrawn, Icgal repnseatatira. wcceeaors and aesigns thuoot. ` 17. That tbe Mo~~a~ee, or t6e 6ei~a. ascisas. k6a1 nPresentatireR and/or euucasor, thereof. a~all be snbro6ated for farther : secariq to tLe 1ies. tboo6h released of reoad. of aeqr and all eacumLranoa paid ont oE t6e prooeed~ o! tLe loan ~eenred bT ehis ~ ~l~ Ic is e:pre~e1T andastood t6at all the prodesoe~ nota secueed b~ this mortaaae aha11 be da~ed of eqaal dianit~ and : that nane o[ said promaaqr aotes s6~11 6are a~r prbritp. or othu+rice, orer an~ ot6er of uid promi~so~y aotes. 19. The rr6ob oE taid principai sum sceored bT tbis awrt~a~e, and the aaxued interat t6eteoa ~hall 6eeome dne at t6e optwn ot the said ~Iortgsaee, npon f~ilure o! anp ow~ner oi tLe abore desctibed premuies to eo~ply ~ith an~ L: of the State oi ' I~lor'~ds a~ wit6 tbe reqaires~ts ot a~ryr ordinanoe or deW*tmeat of the Cit~ in which aid premisea are situated. relatin6 w , ~ s~id ~ Propat~ oc any p~t tLe~eof. ~riihin tea dap dter aotice of aach requirements sbalt Lare beea airea to tLe t6eo oxaes oi raid prea~aes bf the sa~d 6ia~t6aaoe, or other autbozitp. ~ 20. II tereclosnre Preoeedinss of au~ seoond mortsa~[e or second trnst deed, or au~ lien of an kind inferior w t6ia mo~t- i~odebtedoas sxared berebp dne an~d pa~ at ib e~ptiou. immediatelp or uth i~eafta ~ this ~oeti+ae and the ~ 21. '[Lat as~ aad aA av~ards 6eretofore n~sde and hereafter to be made b~ an~ municipal, oo . state, federal ~ an~ odier E > autborig to t6e ptaeot aad aU anbscquent oxnen of t6e premism aosved this mortaaae. incl~~ an~r aKard or awuds ' ~rbetba for a takios ot titk to. poe~asioa of. oc aM interest in, t6e mortaa~ premaa or an~ part t6en~ and a~ aw~ud or f awudr reoened for d~m+6a antaiued b~ tbe mort;a~red Premises or anr put t6ereof or for an~ ebanse or ehan~a o( 6rade of sueets aBeetin; said are lrcreb~ asa~ to tbe Mort~: aad tbe ~[ortaa6ee, at ira optiao, i~ ~ebf aotlariscd. di- r ; rected aed empo to ooUeet aad reoeire ~procaeds of anT such arard~ from t6e anthorities makina tLe rame and to proper ceee~~~ts aad uqaittanees t6erefor, and to _ppl~ the saoe taMard ~t6ep~t oi tbe amoant owins on tooouat ei t~6e mortaa~e deW. not~rit6alaedia the fact that tLe amount oxia` on aoeoaat of the ~et~e debt mq not bs tLea due and W7- abk: aad tLe ~ort~aaor bere~ cmenants ~nd aarea to aad wit6 the Mort;aEce. npon reqneet b~ the Mataa`ee, to make, aecate and ddira aap and aU a~si6nments and ot6er instrumeats a~9'ieieat for t6e purpose o( a~sianin6 tbe doteeaid :rrard or a~uda ~ to ~he Matga~re iree. eku aad dischar6ed of amr and all eecmnbtanas of aer kwd o~ natun w6atwe~er. ~ ~ ~ ~ • ~ ' ~tt ~~tlff ~~t[!O~ the ~[ort;a~ aw t6e dap and Tear 6rst abo~t xrittes. ~s Qeaked tLere ptrseats uada ~ real: if. M6en and as a corporaeios. b7 and tlirouah its dul~ authorized o6cen u tl~e act and dred of tbe oorporatioo. w6o~e ~a+na aprear 6eremda. BJ1~8~ L~Sjii C0. i IIiC. 0~ FO~T PIl~Cs q ~ ICery»r e Sed) ~ ~tLtcar~..~. ~ ~GG~ 8y I~ ' ~1i rur: ~ ~ 223as S. sarbs cr~tasy _ ~~rt C.-Earber, ~resi-d,e,n~ . ~ , re~l al 1 i~ e/r _ - . . ' Y " . tSea! ? . r, ~ . • . . . s 1 ~ , . '.~O!_ ~ ~ ~ . . . ` . _ _ . _ . _ . ' ' : ~ ~ f . / ~~i` ~ _ - - ~ . . . (~al~ ~ ~ I~t L?f . . ~ : . •i . _ . - _ - . _ _ _ " .t~~ f ~ ~ - ; ~ . - - - - - - - ' . is~,1' i ~ t . 3 eooK 171 ~cc $?5 . ~ ~-:.~u: ~ _ . _ _ ~ ~ . ~ - ~ ~v'~=`` ~ :