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HomeMy WebLinkAbout1651 ~ ' . _ . : - • ; - . . _ • ' • . , „ • aRa~rn~a cr~vsE NOW, THERLFORB, the I~ortga~gor, in consideration of the premisas auc~d in order to secu~re the psyment of both the principsl of, and the interaet ar~d aaq other sua4e paqable oa, tbe Xote or ~ thia Mortgage arrd the pertormancs and observance of sll the pro- visione hereof and oP tha Note, hereby givss, grants, bargsins, sells, ~srr~nts, sliens, remiees, releases, eonveye, sssigns, tre~nsfera, mortgagea, hypothecates, deposits, pledgee, sets over and confirms unto the Mortge~gee, sll its estste, right, title and intereet 1n, to and under an`y and all of the follo~ir~g desc=ibed property (the Mortgsged Proparty) ~hether no~ oMned or held or hereafter acquire~d ; (i) the Premisee; (11) the Improvements; (111) the Chattele; (iv) all-proceed4 of the convereion,~volwntary or in- . , . ~ voluntarq, of a~q of the foregoing into cash or l,iquidated alaims, ~ . including, ~ithout limitstion~ pro~eeds of insurance and condem- nation aMSrde; and ~ (v) sll leasea of th~ Premiees nox or hereaftar entered into and all right, title and intereet of the Mortgegor there- under, including, ~rithout 1Laitation, cash or securities deposited thereunder to secure per!'ora~snce by the leeeeea of theix obligs- tions thereunder, Mhether eutch caah or aecnritiee sre to be held until the expirstio~ of the terms of aueh leases or applied to one or more of the instslmenta of rent coming due immedistel~ prior to ~ the expirstion of such terms, inclading, fnrther, the right upon the happening of atr Event of Default, to receive ana collect the rents thereur~der. TO HAYS A1fD TO xOI,D unto the lriortgages, ita •uccesaors and assigne lorever. t~~~~ $~i~~ ~ 8~9 ~ eooK~74 w,~.E164? e