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:~f31~. Oc~CO:~~ i;:=-~C ~IV~: _....::c:C~;; ~c_y the ~'ia'~'.:E711',:~ Oi c:T:J :;:Cf! GEf2Ul.t ~
~s deter~ined ir. t%:e so~e discreiion o~ ~~e tilortLa~~e, ~•rho ::%~.~1~ ~ive
notice oi ~uc~ d::ierrnir.ation to tne i•~ortgaGor: and ir. zhe ca.:,e oi fore-
closure and tne apno~n~ment of a receiver of the rent~, t'~e within cov-
enant s'nal~ in::re tio the benefit o~.such receiver.
1~-, she I~iortea;ee in any act~o:~ to forec~ose this i~Ior~oa;;e shall
~e entitled to ~~e appointiment of a receiver without notice, as a natter
~f right ar.3 ~,rithout re;ard to the vaiue of ~he mortgaoed property, or
tne solver_cy or insolvency of ~he Morzgzgor or other party ~ia~le for
the paymen~ o~ the ~Ta~e and oti'ner inda~,i,e3ness secured by t:^.is iiortgage.
~he ~iortgagor, ~4~it'nin ten (10) days upon request in person or
~.ti~i~hin tiwen~y (20) days unon request by mai?, will furnish ~ronptly a
~,rritten s~a~z~znz in iarm satisfactory to the Mortgagee, signed by the
:~~~rt~ago~ Gnd duly ac'~nowledged, of tre amount then owing on the Note and .
other ir,ae~~edness secured by this ~+iortgage, and whether any offsets or
cefenses ex~st against such i::ciebtedness or any part thereof.
16. ~":e ~iort~agflr will give imme3iate notice by regiszerzd or
czrtified ~aii to ~he r:ortgagee of any fire, daaage or other casualty
affectir,g ~:~e ~ortgaged properzy, or of any conveyance, transfer or change
~~n ownershi: of such property, or any part thereof.
17. ~ Z'o ~~ce and cenand or request nay be made in writir,g and may be
served in perso:~ or by mail. '
18. In case of a ioreclosure sale oi tne mortgaged prope'r~y it may
:;e sold in on2 narcel.
19. ~ne :~~or-cgagor will not assign the rents, if any, in whole or in
p~.rt, from zh~ nortgaged property, or any part thereoi, without the prior
~ :•rr ' t ~en cor.sent oi Lhe ~:ortg2gee .
20. "'~e i~rtgagor is lawi~lly seized of the mortgaged pro~erty and
::as good ~~gr,-c, ~ull power ann ~awful au~'r.ority ta sell and convey the
s~me in t'~e mur.ner aoove provided, and will warrant ar.d aefend the sa.~ne
to the ~tortgagee ~orever against ~he lawiul clains and demand~ o~ any
ar,d all pariies whatsoever. .
.21. ihe i~Iortgagor hercby waives the benefit of a~l ho~estead exemp-
~~.ons as the ~eot secur~d by tY~is Mort~age and as to any expenditure
~or insurance, ta:~es, levies, assessments, dues or chaLges incu~red by
~':.e Mortgaoee pursuant to any provision o~ this Ylortgage. ~
mf: ;r:ort~a~e and aZ~ the covenants , agree~ents , terms and cor:ai-
~~~ns ~e~~~a con~ained shall be bin~ing upor, and ~nure ~c t?~e benefit af ~
~'^e ifor~~aoor ar.:~ ~r,a :~eirs, legal representa~ives and a~si~ns ~f the 1
::~rt~a~~~, a~:a, ~o the exten~ permitted by ~aw, every subsequent owner of ~
~:e ~o~ ~~~,~eG ~ro~ er ~J, and sha~.l ~e bi.~dirg upon and i.ure to t'ne oznefit ~
e:i~r~o2~2E a~d i~s assigns. If the P~artgagor, as define~ :~erein, ~
~:.::s:s ~s t~ro or ~o~e pa~ties, t:~is :~:ortga~e shall con~ti ~u ~e a grant
~.~o~^ ~~a~e bY al~ o~ t~~Ea~ ~o~r.tl;~ and severally, and trey s'na~l bz obli-
~a~ed ;e~.~~f ac~d severally under all the provisions hereof and under the
. ,
~:~te. ~r,e word ".~ortbagee" s:aiy include any persan, corporation or otner ;
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BOOK 185 PAGE 233 '
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