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HomeMy WebLinkAbout2724 ~ . ~ . , . f~ . t, 3. Te plaa and aontLwarsb IwP an tl~e boiidinps eow « Mnaitp situat~ on said I«d and on di equipm~nt .nd p~rwa+ily cowred b~? this ewrq~ ~g~, wilh aM pr~wi~uws fAa+wn p~irf in fidt. fin irowsna in tM wwl ua~riard po~icy form. in • sum +vP~owd br ttk MORTGAGEE. a~d wk~torm :w?~nos is ~M wal aad~nf policy twa{, in a sww appowd 67? ~M MORTG~AGEE, in sud? ~r o~ ~ is NK MOR1GAGfE m+r dfncfj and ~M fit and wi~dqorw i+wuanp Pokcies ow +a11 of said buildiq~? ~~1? ~~~Ml~4 0? put Nwr~of, in tM apprepat~ w~? ~fa~id o~ in .ooon. +~+«.of. .haN oau.in th. uw~l sw+dara aiawip» d.i,.. o. wd~ aMr d+w. aa an Mo.q.p~. ~n.l? »qui?a ~n.ka~p n» los. w+d.. ..d pol~ cin. .~ch s~d ~wry. w~?ab~. b said MORTGAGfE as i1s iew.a ~+1? +p+w. and ..ch and wuy wd~ po?~cY shaii b~ pranprh +s+:y^~d .nd delnrs~ad ro aar M1d bp ~id MORi('sAGEE a fixthv aeu+?ih? ~o s+id mor+~+p~ d~. and. not laa th~n ta~ ll~ dsyt in +dvar~u of tM exptr~tion of tach :w1icY, to da liN? w wid MORTG/1GEE a ne»wal tFwrof, toyeth~? wiM+ a r~oeip~ to? ~ht pr~nwxn of wd~ rsnew~l~ ~nd then shsll b~ no f'we w winduo.m k~swanc~ piand on airy d said bdldr~p~. +erp i~srea th~r~in or part ~h~r~of, unkss in tl~ ionn and with th~ Ioa payabb as afons~id~ and he tM went s~+y w~n oi mow~y baooews paYsbl~ w+dat wd~ potlcy w polici~s said MORTG/1GEE sfwN fyv+ tir option to rewiw sod apply tl+e same on ~ocount of the indeWe~ a p~~ ~~~~p~ b~~y,~ ~ yM it pr my p~A MKreof fa Wher pwposes. without theceb~ waiviny p Ynp~ir• inp an~r puiry• I'i~n a riylr wdu or b~? virh~ of this mo~ty~p~: ~nd b th~ ~v~t s~id MORTGI~GORS shall fa +~Y ~ fsif b keep tl+e ~aid p~mises w :+~wrd, ar fsil w dd'n« pra~ptyr anr d said poi~iss af im~.ana a sa~d MORTGAGEE, a fa~1 prompty to p~y ivty any premium tharefor w in ~ny r~ fa8 b p~oreti d'isdwp~ sseartat. ~ffecl, canPl~fe. oom{+IY w~h and abid~ b~? Nds aove~snt, w ~^p Part Mrsof, said 1NORTGAGEE m~y plaoe and ps~r ta wd~ iw?+na a anp p~rt ti~r~of withou~ w~hriig a afhairg +~M cWion. ti~n, eqviy/. or r'gM w~r a by virtu~ of this Mat~+pe, snd tM fvU s~o~ 9f e~ and NaY such paynw~t sh~1! bs +~Y dw a~d psyabk ~nd shdl bear ir~terest han th~ daM M~errof ~until paid at th~ ~ah ol rwr pr c~n pr ~~un ~dyoyeth~s wi~h wd~ interW shall be ~acwad bf? tho G~n of tii4 mnrqa~. L To p~a~it, ao~wit ar wfi~r oo waq+, imps~mNM oa detaio?ateon af said proparty a+~ry? part therooE• S~. To p~l aq ~nd shgula~ tM m~ts. dwp~+ s~d ~xP«ws. ~ a niweybt~ +ltore~e~s fes xd cosn of abstracts of mb, incurred w paid at arry tinN by siid MOltTCa/K'sEE, b~caust a ire the eye~r d fh~ f~ihrre m fl+e p+A of tM said MORTGAGOR a duly. promprly ~nd fuihl D~orm. disthu~ ~xenrM. ~ffeu, aon~pie~e. aomD~Y witl+ and abids by wd+ aod wery the stipub~ioos. +p~eane^n. oonditiwis, snd aovenants of s~id promissay note ~nd this ~nortpip~ an~? w~itl+a. and said cos». c6ar9~+ +nd ssP~+. s+d~ and ~wrr s1~sU be in+ro~atel~? due +~d WYab1eJ whether- or . H~ae be eor'Ke ds~ n++i~ mwnpt w c+olJeu or suit paidn~ and th~ tufl an~o~M of Wch arW! ewry such psymsnt ~I»tl besr interest from the dita thereoi untit pid at the ?ne d nin~ p~r ae~~rw per amurA; and sll s~id eost~. tl~ar~s +^d exPa+ass iiwi.rd or paid, wye~h~r wirh such intwst, sMil b~ saoured by th~ lien of tiws 6. ihM W ie fhe ewry of any bresd+ d Min Morqay~ or defsult an tis part of the MORTGAGOR, a lb) in the event ar?y of ss~d wma of moiwr i+~. ~t.?~.a w b. ~a v.w~h +~+d r~ur w~d w~+~ +fwy? q~ d+r+ ~e~+ .rw ft,. sa~+~. .~.Me.a~h beco~~e dua a~+d P+x.~., wir~ow d«~++~+d « naio.. w(c) in t!~ eweA esch and evsry Nn s~ipulati~orK„ spr~, oond'itions si+d eawn~MS af said promissory note snd tirs-mor~9+pe +eY o~ either u~ no1 ~Y. P~Pb1~ +^d ~1? O~a~~~• ~uarl~d, affsd~d, oompl~t~d. ~rnp~ied with and sbided by, that in either a any suth event tM iaid ag prg~» we? enentiawd in ssid proinissory not~ tt~tn rar?~inirg w~p~id with IMerest iccr++ed a~d all moosys secwed hereby, shall 6eoo~ne dw and WY- ~e (wtlwri+h~ a tlw~r~sfter, +t the optan of said AtiORTGIK'sEE. +s lvlb +nd complNeM +s N sll of the ssid wms of ma~ey wen origin~lly sNpul~ted a be p~id an wd~ day. +iMhinp in said promisson? oo~e a in ti~is Mwq+pe w th~ aontrary notwithsand;np: u~d there~pon or there~fler at Nw option of said MORTGJIGEE, wAhout notioe w d~swd, wit at law or in ~quity, tMr~Fon a Mereaiter bayun, may be proseouted ~s if sll rtwneys seax~d hsreby hsd e~lured pr:or io ib irrtitutioo. 7. Ti~ in tlw wuN th~t N thQ beg'aniny d oc M any twne pend'rg ~np wit upon ti+is Mwtgpe, w ro foraclose it, or to rafo~m it or to enfora piynwil af siry ctains Iweu~~dar, s~id MORTC~IGEE slwll app1Y fo the Court h+vig iu?isd7ctan thereof for tir.appoi~?tmem of a Rcuiw?. wch Cowt sMll Fortiwilh appoiq a reatirer oF ssd matps~d proputY dl and sinpula?. L~dudag ~U snd sinyulsr th~ inoome pofits, iswes and reverwes frorr~ whatwet sourae duivrd. ~ ind ~rerr of whidb it beiig ~xpressM understood is hefeb~r enat9+9ed ~s H specificallp tet fwth snd described in the 9r~nti~g and lwb~ndu~w d+ia~s hereof, and wd~ Reoeirer st»II Mve all tha brad and eHwive func~aro and powers ia anywise entrusted by ~ CouA to s Receire~, a~+d wd~ sppoiM~M sh+U be ~nxM by wd~ Go~wt ~s sn ~d~mimd equity and a nwtte~ of s6solvte ripht w said MORTGAGEQ, and withoW refera+ce b tihe adequanr or in.dee~wcy af Nr. ralu. of rhe propahr w~wq+ped a~o fhe aotiency or iraolvency d said MURTGAGOR a rhe defendann, ~nd rt+.f wch rems, profiq, inoatne, i~sues ~+d reverwes sMll b~ ~plied bp tvch Receiver aaordinp b the lien w puity of sai~ MORTGAI'aEE and the practiot of wtb CourR . - a. Te dvfY. p~P~~ ~~hr V~«^4 ~ e~cea+~e effsct, ooinpMt~, c~np1Y with and ~bide by eac6' and every the sY~pulst~au, syreements, oond'uioes snd co~ in said Prami~aory i+oN and dw nw~ty+~ set forth. 9 Th~! In IM everK the ~wne~ship of the rtwrlpsyed pranaes, or any put tharaof, beaon~ wsfsi! in • p~nan otlwr th~n the MORTCsAGOR.-th~ - MOItiG~AGEE, ia urcceswrs ~nd asigns, m~Y, wirho~rt nwice a ths MOR7GAOR, d~al wi~h w~dr suocesso: or wocessa io interat wirh refer.nce w this mw~ype and the deb iweby seaKed in the same ms~ner ss with Mortys~o~r w~~hout in any wa~r vitiatinp w dacharging the Mwt~sgors' lisbitity her~- undw v upon ths deW hereby secwed. No sab of ths premises herebY morqsp~d and no f«bsarance on the put of the MORTGAGEE or in waesson or sssi~r snd no eactension of the time for rir pirmait of the deM hereby secured piwn by the MORTGAGEf w its sucoesson w assiyns. ~MII operits b nita~r ~tlwr~, mo~Wl d~g~ or, ~ffad lh~ oriQinsl tiabiliry of tht MORTGAGOR Iwein. either in whole or in put. 10. h is speafiuUt? +9~eed thar tim~ is d the es~ence of tM oorrrsct ~nd tlvt no w~iwr of ar~y obl~gat~on herevnJe? a of th~ obliyation st~ arrsd haeb~l sfwN st sny ~ins rhaeafta bt hcid ro be a waiw? d tt~e terms hereof a d tM instrwnent sew~ed herby. - tl. tn ad~tion to the faego~g montl~h~ WY~ of princ:psl ~nd imerest required by the pramsswY note secwsd he?cbY. rtartyagor ovv~nants snd a~ea to ps~r w mortgagee wifh exfi monthlr payment an add~ianal wm esiunatsd by mortyspce to be equal to i/12 of the annwl cost of the fdlow- ~ • . • " A-All real poperty taxa kv:ed w as~essed a~sinst the a6ove described resl estste. 6-Vremiums on fire and wirdstorm s+w~aryoc as iwrei~ req~r:red to.be curicd on ihe unprovements attuate on the above dewibed pramists. C-Vremiunn on wc!? mort9+9~ yuvsmy inswano~ r mortg+pe~ shsll fran ewne ro time dean fit to urry on the loare iecvred hereby- qAurlq~pee shati from time to time naifp nartgapor in writinp of tht ~rnouM due and payabk hereundar ~nd wcfi wm shsll therwpon b~ dw ~nd paysblt on 1!w due da~e of ths next montbFy paymerM snd sad~ sucoessiw maith thereafter until matyspee shall notify mortgsgor of a thsny~ in wtf~ amamL Sud? suns ~hatl b~ +PD~~ M~W+~ awxd ths p~ym~m af real propKty taues, inwwnos prem:wr~. +nd mohysye ~uar+ntl~ irrurano~ a~~s- IN YVlTNESS WHEREOf, thr said M~ORTGAGOR haa Mrwnto set his hand and sNl th~ d+Y and ytx fint afor~said. , S~~Md ~nd del" in tlw pr~~w ofs - ~ ~ Mitr~ss~s to iwtta M. - n ittio ~ isaesa~s to Hassy s. ' ' ittia STAiE Of it+OR10~A ST. U1CI8 . ~ ,1:~~ COtM~Tr Of ~ ~ `1<<~ttNit _ - s °~ao~~~ ~ ' 's•z'T~ Mfa~t w~ pnp~ll~? ~ppw,~d I.<tL Y_ ~ if t~ e. y to nr wrll knvirrt'~~ifqYri~ Uq~1q1j 16~f! ,w ~i~id~,.y ~a.oib.e iw .Ae .rMo .x.w.a d» fon~oi~ bwru~w~. .~a +auawi~dp~+ b~fo.. w~. thn sMr .,+w~.~ +ti. i!~ ~P~ ~ /Mr~w ~rsM~, - - - - . ~ C . • ~ . ~i-. , 1MITIi'K ~M ~Md M~ ~Nkirl N/i Ol i ~,a't~~ ~ ~o~+c~8~3 ~ - f ~ ~ ~ .~t~8~~t ~ ~ - ,sr~ =F~_ to~: s.~ _