HomeMy WebLinkAbout0892 aRApTII~ CI~AVSE
NOii, THEREFORF, the Mortgsgor, in considsration of the ,
premises and in order to eec~rs the payment of both the pr~ncipal
of, and the interest snd an`y other euu~?s paysbl4 oa, the Xate or ~
this Mortge~ge snd tha performsnce and obeervance of all the pro-
visions heraof snd of the l~ote, hereby givee, grante, bargsins,
eells, xarrsnts, aliene, remisea, releases, eonveye, sseigns,
transfers, mortgages, ~pothecates, deposits, pledgea, eets over
and confirms unto the Mortgagee, all ite estste, right, title and
intereet in, to and under ac~y and ail of the follo~ring desc~lbed
property (the Mortgaged Property) Mhether narr oxned or held or
hereafter acquired:
(i) the Pr~?iBee;
(11) the Iaaprovementa;
(iii) the Chattele; _
(iv) sli-proceed4 of the convereion, voluntary or in-
; .
j volunte.ry, of any~of t~e loregoing into cash or liquidsted claims,
! ~
including, xithout limitation~ prnceede of insurance snd condem-
nation aMards; snd
(v) all leases oP th~ Pr~iaes nc»r or hereafter entered
into and all right, title and interast of the Mortgsgor there-
under, including, xithout li~nit4tion, cssh or securities deposited
~thereunder to secure pertormance by the leaseee of their obllgs-
tions thereunder, rhether eu~ch cash or eecnritiea are to be held
until the e~cpiration of the terme of auah leases or npplied to one
or more of the inatalments of rent coming due immedistely prior to
the expiration oi such terms, including, further, the right upon
the hsppening of atr Event of Default, to recaive and collaet the
renta thereunder.
TO AAVE A1tD TO HOI.D uuto the Mortgagas, its auccesaors
and assigne forever. ~
(lii) SOGlcl~~- t'~ O"07