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TOGETHER WTrH ull additions, replacements and impr~venk:nta to any of the
foregoin~, and all and singular the ten~meate, hereditaments and ~ppurtenanccs
thereto belongtng, und the rents, issuea and profits thereof, ~nd :.lso ~11 th.:
~:state, right, title, intc3rest, homestead, dower, separate eatate, possession~
claim and demand whatsoever, as well in law us in equity, of the said Mortgugor
in and to the mortgaged property and every part thereof with the appurtenances,
specifically including all right8 and equitiea of redemption, ull of which are
hereby expxessly waivc3d. (All of the foregoing~ whether consisting entirely of
real property or entirely of chattels, or of both real property and ch~ttels,
is herein for convenience called the '~ortgaged properCy").
TO NAVS ArID TO HOI.D the said mortgaged property and every part thereof
unto the Mortgagee forever.
S
PROVIDED AI~,TAYS, and this n~rtg~ge is on the express condition, that if
the l~rtgagor shall pay or cause to bo psid ull of the awneys mentioned in said
''Obligation" and the iaterest thereon, all at the times and in the manner ~s
therein agreed to be paid, according to the true intent and meaning thereof, _
~nd shall pay all other s~ne provided to be pnid by this mortgage, and shall
perform and abide by all the covec~nts and sgreemente herein and in said ;
"Obligation" contained, thea these presents ahall be void and the estate herc- '
in and hereby granted shall ce~se and determine.
AND SAID MORTGAGOR dcea hereby coverant with the Mortgagee that said
Mortgagor, at tho time of ex~ecution and delivery of these presents, is the
absolute owaer of and in possession of eaid mortgaged property; that he has ;
a good right, full pow~er and laWfu2 authority to convey the same in the manncr -
and form herein set forth; that said property is free and clear of all liens
of whatever nature, except ss specific~lly mentioned herein, and Mortgagor
fully warr~nts the title to said property and will defend the sume aguinst all
luwful claims and demands except from the wurranties contained in the encun-
brances herein specifically set forth.
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AND TNE 1~lORTGAGOR dces hereby further covenant, promise and a€ree with
the Mortgagee, its successors and ussigns, as follows:
1. Mortgagor will not cacmit any Waste, or weak~en or impair the secu-
rity of this mortgage; will pay, prior to delinquency, all taxes and aasessmc:a~ 3
~ lavied or ir.~osed on said property;~will kcep the mortgaged propcrty insured
in enoh munner and in such ~mouats as Mortgagee r.~y require; and will uot
renovQ any chattels, if included in t'his eartgage, frma the preaises where they
! are now situated, without Mortgagee's written cansent.
~ 2. In the event of suit to•foreclose this mortgage, Mortgagee shall be
f entitled, as a matter of right, Without regard to the value of the mortgaged
~ property or to the solvency of Mortgagor, and without notice, to the appoint-
~ ment of a Receiver of the mortgaged property and the incame and profits
~ thereof. _
3. In the event of M~ortgagor's failure to pay taxes, or to keep the
premises insured as required, Ziortgagee ~y, at its option, but is not required
to, make such payments, and the sums so advanced ahall be repaid by Mortgagor
with interest as provided in the "~ligation", and said sums so paid by the
Mortgagee shall be secured by this mortgage. ~
4. In the event of any default in the terms of the "Obligation" or this
~ n~ortgage,.Mortgagee r~y, at its option, declare the whole indebtedness secured
thereby to be ia~ediately due and paqable.
~ ~ ~ e a nts to be ~ade as
~ 5. Th~t no extensioa or zwdification of th p yoe
hereinabove set forth, and no release of any part or parts of the raortgaged
property, or of other collateral securing the above-deacribed indebtedaess,
even though mde Wi.thout cansent of the Moxtgagor, shall releuse, relieve, or
discharge the Mortgagor froc~ ttie paye~ent of aay suas hereby secured, and
~ Me~rtgagee shall have thc right to rclease froc~ the lien hereof any portion or
= portions of the mortgaged property, or other collateral held as security for
said indebtedness, irreapective of the value of the released portion, without "
sffecting the liea hereof ai to the portion or gortions not released, notwith- ~
standing the fact that such release or releases nay be c~ade without imowledge
; or consent of the Hort~agor, or of any (Yantee or Grantees of portions of such
property theretofore sold. ~
r
~ 6. This nortgage r.~y be foreclosed by the nortgagee in accordance with '
~ either State or Federal law ia force at the tine such foreclosur~ is insti-
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