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Home My WebLink About2666 I ~ TOGB'1'~ISR WTl'Ei all additions, replacements und impr~nremeAts to any of the foregoing, and all and siagulas the tenements, heraditamente and ~ppurtenances thereto belong~ng, and the rents, isauee and profits therQOf, and slso all th.: estate, right, title, iaterest, homestead, dower, sepurate estate, possessioa~ ; claim and demnnd vh.~teoever, as Well io lav aa in equity, of the eaid Mortgngor in and to the mortgaged property and errery part thereof With tl~ appurtenances, specific~lly including all rights and equitiea of redemption, all of Which are hereby eupressly ~ived. (All of the foregoing, whether cdnsiating entirely of ! real praperty or entirely of chattels, or of both real property and chattels, is herein for coaveaieace called the "mortgAged property"). TO HAVB AAID TO HOLD the said mortgaged property and every part thereof unto the Mortgagee forever. PItOVIDED AIJ+~AYS, and this nwrtg.zge is ~ the express condition, that if the tsortgagor shall puy or causa to bo psid all of the nwneys urentioaed in said ~'Obligation" and the interest thercoa, all at the timea and in the manner as , therein agreed to be paid, according to the tru~e intent and meaning thereof, ~nd shall pay all other a~s provided to be poid by this mortgage, and shall perform and abide by sll the crnreAants and sgreements herein and in said ~ "Obligation" containQd, thea these presenta shall be void and the esCatc herc- in and hereby granted stwll cease and determine. ! ~ : i AND SAID MORTG~Yt'~OR doea hereby cavenant with the Mortgagee th~t said i Mortgagor, at the time of Q~oecutioa aad delivery of these presents, is the absolute awner of and in pvesession of eaid mortgaged propcrty; that he has i a good right, full power and larful authority to convey the same in the manner ; and form herein set forth; that said property is free and clear of all liens ' of whntever nature, except as specifically mentioned herein, r~nd Z~iortgagor fully aurrants the title to said propeYty and will defend the same againat all lawful claims und demands except from tbe warranties cantained in the encum- brances herein specifically set forth. AND THE HQitTGAGOR does herehy further covenant, pranise and a~ree with ~ the Mortgagee, its successors and aseigns, as follows: ' ~ 1. Kortgagor Will not ca~it any waste, or weaken or impair the secu- ~ rity of this mortgage; will pay, prior to delinquency, ~11 taxes and assesem~:o~p levied or ir~posed oa•said property; will keep the nartgagcd property insured in saoh manaer and in such aawuats as Mortgagee r~y require; and wil~ not•. recwve any chattels, if iacluded ia this ~ortgage, frora the psemises where they~ are now situated, without Mortgagee'a wriCten coasent. ' l ; 2. IA the event of suit to foreclose tbis mortgage, Mortgagee stuill be ~ entitled,,as a matter of right, Without regard to the value of the mortgaged ~ E property or to the solvency of Mortg.zgor, and without notice, to the appoiat• ? ment of a R,eceiver of the mortgaged property and the income and proffts thereof. 3. In the event of Mortgagor's failure to pay taxes, or to keep tl~e premises insured as required~ Mortgagee may, At its optiaa, but is not required ~ to, make •such payc~enta, and the suma ao advanced sh.zll be repaid by I~brtgagor with interest as provided in the "~ligatioa", and said sums ao paid by the Murtgagee shall be aecured by this mottgage. 4. In the event of any default in the tQrms of the ''~ligAtlon" or th~s ~ r~vrtgage,.t~ortgagee aay, at 1ts optioc~, decla=e the vhole indebtedaesa secured ~ thereby to bc Lao~edi~tely due and payable. ~ S. 1~~t no extenaion or aodificatioA of the paynents to be c~adc as ~ hereinsbove sct forth, aad ao release of any part or parts of the cwrtgaged # property, or of other coll.ztesal securiag the abov~e-deacribed indebtedrtese. ~ evea though mde Wtthout canaent o! the l~a~ttgagor, shall release, relicve, or ~ ~ discharge the Maitg~agor fraa the payo~sat o~ any su~?s hereby ~ecuted, and ~ ~ M~ostgagee shall have the tight to rale~se freo the liea hereof ~ny portioa or : $ postions of the cartgaged•propertp, or otbes collateral held ~e security for ~ ~ said iadt3btednesa, irrespective of the value of the rele3sed partioc~, vithout ~ ~ affQCting the lien hereof to tbe portiec~ os portioas aot relRaeed,•notvith- r ~ atanding the fact that such teleasca or ralea8ea c~ay be nade ~rithout ~aso~rledge ~ or ccasent of the Mostgagor, or of auy (~anteQ or Cranteea of portioa~ of such ~ Propetcty theretofore sald. ~ s 6. Tbis nestgage a~y be foroclossd by the nortgagee in nccordance vith ~ atthes State or Federal lav in force a~ the tiae such foreclowre ia insti• ~ ~ tut,Ad. . SOOK 178 PACE2~~ ~ ~ ~ ` _ ~ "~'~_.~s:~~.~-~ _ _ ~