HomeMy WebLinkAbout1653 Mortgege snd, on ae~ana, will execute snd deliver, snd hereby
suthorizes the lrtortgegee to euecute in the nsme of the Mortgagor
to the e~ctent it me4y 1aMlally do so, one or more financing
ststements, chsttel mortgsges or comparable security instruments,
to evidence more eftectively the lien herea! upon the Chattels.
SECTIOA 1.03. (a) The Mortgsgor forthMith upon the
e~cecution and delivery of thie Moirtgage and thereaPter from
time to time, xill csuee this Mortgsge and eu~q security instra-
ment creating a lien or avidencing the lien hereof upon the
Chsttels and each instrument of further aseurnnce to be filed,
registered or recorded i~n each manner and in au~h placee as may
~ be reqaired by ar~y preBant or future ln~ in order to publiah
notice of and lully to protect the lien hereoi upon, and the
interest of the Mortgsgee~in, the Mortgaged PrQperty.
~ (b) The Mortgegor ~ill psy all filing, registration
or recording fees, snd all expenses incident to the preparation,
~ ea~ecuttion and sckno~ledgment of this Mortgege, a~y mortgnge sup-
i
plemental hereto, ar~y security inatrument•Mith reapect to the
Chattels, and ar~? instrument of further sesursnce, and sll fed-
ere.l, etate, county snd municipal stamp taxes and other teuces,
duties, imposts, aseeeaments and chdrges arising out of or in
connection ~ith the execution nnd deliverq-of the l~ote, this
Mortgage, a~y mortgage supplementdl hereto, a~y security inetru-
ment with respect to the Chattela or at~y inatrument of further
aseurnnce.
SECTION 1.04. The Mortgagor will punctually psy tne
principal and intereat and all other sums to become due in
respect of the I~ote at the time and place and in tha manner
specified in the Xots, according to the true intent ~nd meanir~g
;
thPreoP, sll in a~y coin or currency of the tfiited 3tstes of
America rhich at the time of auch psyvent shsll be legsl tender
for the pe~yeent of public snd privste debt~.
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I"2 doox 174 P~ 8~.
~0~~74 ~1649
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