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Home My WebLink About0238 4 . ~ • a income, profts, ~ssues and revenues a~e he?eby mort9a9ed as if specifically set forM ond destribed in the pront~n9 ond habendum ~ clauses he~eof. c~d such rece~ve~ sholl hove oll Me brood and effective functions cnd powan in ony wise enf~usted br o coun to 0 receiv~r, ond :uch appointment sholl be made br suth tourt os a~ admitted equify and o motter of absoluts riphf in the Mottpape~, ~ and witAou? ~tferente to the adequoq or inadequaty of the valve of the property mortyaped, or to the solvency o? insoivency of ~he Mo~t9ayor and/o? ~he defendont and svch ~e~ri, profils, income, issues ond revenues shall be applied by the receiver occordiny to the lien and!or equity of tAis mortyap• ond Me prottice of such court, ond such cppointmenl of receiver sholl be withouf notice to ony obli9or hereunde~. NINTN: The Mortyopor he~eby waives all riyhts of homesteod and exemption qronted by ~he Cons~itutio~ and lows of Fbrido. It is specifkallY o9reed Mot time is of tfic esser+ce in this contred ond Mot eo woiver by the Mortpo9ee of onr obli~at+on hereunde? or of the obliyation secured hereby shall at onr ~ime thereafter b• hetd ro be o woiver of the terms hereof o? of the obl~~ation setured hereby. TENTH: Upa+ enr sale, transfer or converonce of the property herein described ond tovered by this mort9oqe to ony person~ Arm or corporotio~, not previouslr opproved in writin~ by Me holder of this mor~qoqe, the Mortgaqee or holder shall hove the ?i~ht ro aa~lerate the molurit~r of M~is nart~aQe os thou9h it wer~ dw and porobls on fhe day of suth trarofer and to demand poyment i~ full of the soid na~tyape anaunt or any unpaid bolance th~reof, and to sxsrcis~ all the riQhri ond remedies herein or j by low reserved ro iaid Mo~t~aqee Me som~ as i~ ony evenf of d~fault hereunder, onythin9 in Me promissory note secured hereby or herein to 1he controry noMwithstoadin9. BEVENTii: If forecbsure proceedin9s of ony s~cond mort~oqe or second tnnt deed or any junior lien of onY kind shovld be i~utituted, 1ha Mortya9ee n+oy, ot iri option immediatelr or Mereoker daclore this nw~tga~e and the indebted~eu secvred nerebr due a~d poyobie. TWQfTH: Thot i~ the evenf the premises Mreby nartpaped, ot any port thereof, shall be condemned and taken for public vse un~e~ 1he power of eminent domoin, the Mortqagee sha~l hove the ripht to demand thot all doma9es awarded for the toki~ of or doma~es to said premises shall be poid to the Mort~oQ~e, up to th~ amount the~ unpaid a+ fhis mort~oqe and the obliqotion secured hereby and may be opplied upon 1he porments last parable wid~r fhis nartyege and the obliqotion sacu~ed hereby. T?i1RTEENTM: Tho? i~utallmenh, payable under the tem~s he~eof ond the note secured hereby, not paid when due, shatl be subject, after Rheen (15) dars fran the due date thereof. to, and it is opreed Mort~o~ee shall collatt therea+ and the~ewith, o "late dwr~e" in the anaunt of four per cent (4~) of th~ i~tallment dw upon aoch wch delinquent instollment, and wd~ "iete char~es" are secured br the lien h~reof. - FOURTEBJTH: WiMwut impairiny the obli9ations of Mortpaqw oontoined io para~raphs SECOND, THIRD and FOURTH !?eraof, and for applicotion ro the pu?poses 11~reof insofar os the same sholl be wR'icient, Mo~tqa9or shall, in addition fo the monthlr payments of principol and interast os stated in the ori~inal eate (ond in the note or notes s~cured ha~ebr) provided to be ~ mode. Poy o monfhlr swn and omow~t equal to one•twelfth (1/12) of the estimated arwwal toxes, assessmeMs ond inwronce ` i premiwns upon the reol estate securit~r, as th~ anaunt thereof is determined fran time to time by the Mo~iqaqee. ~ ~ ' k 7 ~ a ; HFTEENTH: That the Mortya~ sFwll fumish omuallr, at the request of the Mortpa9ee, RnarKial stotements in form and i ~ certified in a manner satisfactory to the Mort9oqee. ? ~ SIXTEENTH: This nw~tqa9e clso seares any aed all renewals and extensiau of the promissory note referred to herein ond ~ secured hereby, and all imtollmenh fhereof, ond also anr other ~ates which have bean or neoy be given to the Mo?t~ayee by the ~ Mort~apor, ond anr other indebtedness of the Mort~oyor to the Mort~a9ee which, however, shali not exceed af any one time ' f ~ the a~yre~ete unpeid principal wm of THREE THOUSAND and 00/100------------------------ + ~ Dotlan IS_.3, 000. 00-------) ~ _ - y ~t bein~ the specific intentio~ thot further odvances mar be mad~ br the Mo?tqo9ae at ih option to the Mort~a~or, either p~ior to ~ or oher the due dotes of the above refened to promiuwr note hc~rebr s~cv~ed; and this nwrtyaye is Qiven for the specifk purpose of securin~ onr ond oll indebtedness by the Mort~a~ to the Mort~a~ee in whatever monner the same. mar be evi- denced o? represented, until this nwAqaqe is satisfied of record; ond all oovenanK and ayreements contained in this mort~age ~ shall be applicoble to all furN~er and fvture odvances n+ade by the Mortga9ee to Mu Mwt~apor and all other indebtedness of ~ Mort~agor to the Mort~a9ee, and any ond all renewols or extensio~s ther~of. ~ ~ SEVENTEENTH: Mortgagor, as a condition and covenant of this mortgage, agrees to maintain all of her checking accounts and all of her savings accourrts, and otherwise ~ 3~ do all of her banking with the Mortgagee during the life hereof. . ~ ~ ~ ~ ~ . ~ /.ECEn~O ~ _ • ~ IN P11riEMT OF Tlt~ff~ C~E Utt CL.~SS 'C' INTAlIG18LE PEQSp{UIL PqppERry TO Gt~PT=R 20724, ACTS OF 194l. ~ ~ ~ ~G FGI' FJIS. Clert Cirtuit pwit a~ ~;s fcr GAl11~, M. KMUIM 1R ~ St lucic Cou. tj Tax (blkc~pr ~ By _ C ~ . . ~ . - . . oEPllrr a~c ~ ~ a~i~0 2~7 -3- . ~ ~ . ~ ~ ~ n-~ - _ _ - - .