The URL can be used to link to this page

Home My WebLink About2702 . ~ . , ' ~ AND THE MORTGAGOR hereby furlher covenants as follows: 1. 1b pa~~ the indebtedness secured b~r this instrument accordi~ to the true tetwr aad eifect oi tbe pmnsiss~sY Aote above descdbed. or ot any renewal thereoi. promptly oa the day or dq?s the same severally bei.~ooae due: and to appl~ pro~apt~v on said indeb whether thea due or not due. on the Ltest maturlns iaslallmeats Snt. ~?11 Dt~Y ; the proceeds of aq~ os all tb~ mort~a~ property whlch may be taken by aninent domaia. 1b pp all taxa. asaessments,pa vin~. sidewalk sanituy and nthes~ publie asussmen4 or li~as no~v or here- atter levied or imposed upon or against the mort~a~ed property and to exhibit ta the 1[ort~asee betore such tazea, asse~sments, liens and encumbrances aball be de1tA uent the off~cial or authentk receipts tor p~yment Wereoi and ii the same oraq~ w~ thereoi be noty~ d betore uent the Mortaa~ee ms7 at aay tlme pq the ~ame ~vit~ ac- crucd interest aad clur~es, it any witFiout waiving or ectin~ Mort~a~ea's optlon to forec~ose this mortpn b i+e~on ai such deiault, or any rit~t hereunder aa~ every ent so made shall bear interest irom the date ~ at the rate a~ eis6t per centum per annum. an~ aU auch pa~ts with interest shaU be ~ecured by tbe llea ~ S. Topay aU costs. fees. char~es and expenses oi ever~? lcind. iacl~~ tbe cost oi an abtract d title to said irada fow~d to be coavenieat or ezpedient ia connection with aay suit ior tbe foreclosure oi this and slao includinY reasoaaWe L~ryer's tees in~curred or expended at aay time by the Mort~a~ee becauae a~mthe tailure ot the Mort~r to pedonq comply with ~ abide by all orany~ oi the cova~sats. coaditions aad ttipulatloas ot said p ry not~ or t2~3s mort~a~e, and i the foreclosure of this mort~e aad in couectin~ t~e unount secured hen- by with or wlt6out le~al proceedu~gs. and in each such cas~ arith intet~est; and to reimbwrse the l~[o~ tor every pay~aent made for any such wlth interest irom dak oi every auchpaym ent at We nte oi e per centum per annum: such p~ymeats and~ations. ~vith interest thereon as aforesaid. shall be secared by Hen liereat. 4. To pedorm. compl~y with and abide by aU and every the covenants~ coA~~oAS and stiPuLtions of said promisaory note and oi this mortas~e. 5. Zb kcep the improvements now or hereatter on said land insured a~ains! loss by tire and othec haurds. casualtiea and contingencies and in such amounts aud for such periods as Mort~a~ce may require irona time to time in companies acceptable to Mortga~ee, all at e~cpense oi Mortgagor; aU poHcies to be hdd by Mprt~ee with loss p~yable cLuses in iavor oi and in foran acceptable to Mort~ee. Insurance procceds may be applied by Mort~a~e oa indebtednesa heretiy secured ia inverse order oi maturity or to~rard reatoratioa oi dama~ed pro rty or may be maitted to Mort~or. all at optian ot Mortgsgee. Mort~ee may. but need plsce ~pay for.such inaurance and map recover sums expended therefor ~vith interest at rate oi a'Xr per annum secured by Len hereof. a. To~~it, commit or suiEer no waste. impairment or detedorat~on oi the mortgaged property or aay part the and to keep the buildinga and improvements now or hereatter on the mort~a~ed property in 6ood and tenanta~le condition. 7. It a suit shall be iattituted to foreclose thia mort~a~e, the Mort~ee shaU be entitled to apply at any time pending such foreclosure suit to the court having iurisdiction thereot ior the appointment ot a receiver of the ~nortgs~ed property and all oi the rents. income. profits. isaue.s and revenues thered trom whatsorver source derived. all oi which areexp reasly, mort~a~ed by this i~trument; sud it is hereby covenanted and sSreed that thereupon auch court shW forthw?th sppoint a receiver oi the mortga~ed pro , aad ot all the rents. ia- rnme. profi iasues and revenues thereo~i irom ahatacever source denved, ~vi~e usual ers and duties ts,, reo oi receavers in like c~aaes; and such appointment stiall be made as a matter oi strkt ri~ht to Martaagee, and ~vithout nfen~x to the ad uacy or uudequacy oi the value oi the property hereby mortpged. or to the sol- vency or inaolveacy oi the o~° r. S ~~~pg~ gt1 -j 11~y E 8. Ii the Mort~a~o 3~negleWct~ orC~~ufseeyibr i~peerioa~often (10) asyrsdiu~lYe~ P~P~.Y ~~Yn the aaid note or the in thereoa or any ot the s~oa oi money herein referred t~o or hereby secured, or otherwise duly fully and ~roanptly to Pertorm. execute. comply with and abide by each. ever9 or any oi the caves~ants. conc~itions or shpuLt~ons oi this mort~G the~. and in either or any oi such events, ~vithout notice or ~ the aaid a~reWte sum mentioned m said~ promiasory notq less Previous payments„ ii any. and any snd sums mentioned herein or secured herebY sh~U become due and payable forthwith or tl~ereaiter at the continuint o~~ oi the ~o ~ee as tully and campletely as ii said s~reaate aums were originallY ~P- ulated to be P~a at s~ch time~ anything in said promiasor~? nQte or herein to the cont~ry notwithstanding. and the Mort~ee shall be entitled thereupon or thereatt~r without notice or demand to ' tute suit at Lw or in eQuiqr to eniorce or protert the ts oi the Mo~agee hereunder or under said pramissory note. And in " ev+eat at an~ d~~etault or bre4ch on~e put oi the bd -ort~or Lereunder or under said promusory note, the Mortsajce a6a11 bave the oontiauinS oPt~on to eaforce p~yment od all sums securcd hereby by acti~n at law orb~r suit in equity to foreclose this mo gs~e, either or both. concun~entty or otherwis~ and one artion or suit I shali aot abate or be a bar to or wdver of the Mort~a~ee's right to institute or maintain the oU?er. pmovided said lilort~a~ee shall have only o~ p4yment and utistachon oi said indebtedness. ~ Wherever the contezt requires or ~ermits. euh oi the terms "Mort~or" and "ffiortgagee" as herein als~~be talcen and read i~n the plhural. ~c~h case all c~~ov ~t ~oi the Mo~r~s henin~con~tainei d aball be ~oint and several. T 1 t 3 ~d' ~ ~ n~ ~?..a* aT,~ . ~~CU?S~'C• INTANWBLE ?ER~MAL ` ER!!07l~ ~s~ 1M1. ~~wNt TO CMAP'~ Rp(;fR POIf~?S~ CM~ ~ ~ ~xT15 N1. U~Ma St. l~ Gour~I? tox ~P11n CL.tRK ~ MCCARTH~I. AOAM{ • FOOT[ ~ •OI 1~TlANrit N~1710MAL eANR •YIlWM6 ~~94 J)LRfONllll<[ ?L01110A ~ ~ t e. _ _ ~ _ _