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HomeMy WebLinkAbout0219 6. To pay a!1 and singular the costs, ct?ar~es. expenses a~d attorney's tees reasonably incurred or paW at any ttme by the Mortga~ee because of any default es to any stlpulation, agreement snd rnvenant of the i?ote snd thli Mort~a~e. or << eithe~, or in any suit or proceeding al Isw or in equity to which the Mortgagee snall be and become a patR7? fn retereaoe i to the Mortgagors tr?terest in the premtses hereln mortgaged, or in sustaining the llen or pdority ot this Morttase: tM s amounts ot a~y such casts, charges, expenses and tees shall also be deemed s ch~rge aad indebteduess ~ecund hereby i and bear intetest at fhe same rate es the principal indebledness ~ 7. In the event of y detsult in any of the covenants o! this btortgage, tAe Mortgsgee b eacpready ~fven the d~h~ ~ wAich may be exerciaed at any Wne during the existence of any detault and ao long e~s a detault shall exlat. to Wce posses- ~ aion ot and hold the premises„ wtth or without process of law, and collect and recelve tt~e nnts, f:aues ~nd protl4 : there[rom, with or without taking poasessfon oi the premi~es, and to apply the rents. lsaues sud prosb to We p~yment ~ oi expenses, charges and smounts due and payable under the pmvtsions of the note snd tZds Mortg~ge. TAe Mort~os ~ assigns and transten unto the Mortgngee the rents. issues and pro8ts ot the premises tor the purpo~e dorepld. 1Le tak- ing ot posseasdon of the premises and the collectton of the rents ~y the Mortgagee shall In no way ~vdve the rf~ht of the , Mo~tgagee to foreclose this Mortgage because ot a detault. ~ And the Mortgagee may, at any time pend[ng a suft upon thls Mortgage. apply to the Court Ravtng j~?rbdiMlon of ~ such suit tor the appointment of a receiver ot all and singular the premises and the rents issues and proSts thereot. Rnd 3 thereupon the Court shall forthwith, as a atrict malter oi right in the Mortgagee, and without oowideraUon of t2fe f value of the mortgaged premises as secudty for the amounts due the Mortgagee, or the solvency of eny persoa or persons ~ bound [or the payment of sucA amounta. and without notltt. appoint a receiver ot all such premises wtW the usual poweis end duties induding the power to rent the premises and to collect the rentsl thereot and therefrom. the nwenue deslved t Irom said prem[ses to be applied to the proper charges and expenses attending the receivecahip, taxes atM assesmnents and other charges against and for the protection oL the premises, the payme~t of the tndebtednrss secured hereby. or n the Court may othetwise direct. & I[ the premises, or any part thereo[, is take~ or dsmaged under any power of eminent domain or otherwlse, thest whatever moneys shaU thereby become due the Mortgagor are hereby assigned and shali be pald to the Mortgs~ee. who„ aiter deducting all reasonable costs and expenses which may have been incurred by it 1n the collectlon thereoi, shall apply the remalnder of t~?e sums teceived to ttie payment and satts[action ot the indebtedneas secured here~y in fttll or pro- tanto. My surplus of such moneys over and above the amounis necessary to ~ in jull all Wdebtednbts hereby ~ecured ~ shall be pstd to the Mortgagor. f t 9. The Mortgagee shall have the rigAt at any time and [rom time to time, and without nottce to or conseat of aqy ~ person, to release any portion ot the premises from the lien of thts Mortgage and to extend the time of payment of all or ; any part ot the indebtedness. wlthout agecting or releasing the personal liabtlity of aay person llaWe !or the payment of i any sum or interest aecured hereby and without in anywise eltering, varying or dimintahing the torce. ettect or llea ot ' this Mortgage on all ot the prnmLces not speciScally released trom the lien o[ this Mortgage by the Mort~agee. ~ f i 1 , i ~ The coveaants herein contafned shall bind, and the beneSts and advantages shall inurr to, We respectlve Aelrs. eue~v ; Wrs, administtaWrs, successors, and assigns of the partiea hereto. Whenever used. the singular number dull in¢lude tbe i plural, the plural the aingular. and the use ot any gender sAall include all ~endera. It ta intended that tNs Mott~age and = the note hereby secvred are made v?ith reference to and shall be construed as a Flodda contract and taverned by t1~e ~ law~s thereoL k IN WITNFS.S WHEAEOF. the Mortgagor herein named has hereunto set his hatW aad ~eal the da~? and ~ear nsst ~ BDOV! WiI~tCA. 4 ~ ~ ~ i a ~ Signed, Sealed and Dellvered ~ ~ in the Presence of: f~h~ ~ ~Y _ . - Q~,f ~ ~ " ~~w-.~1l~+w.- ~ j ` (y ~~OiMY~ ~ •~~~K-' • i7Qi/lar~ ~r~QS ~ 1 1 . ~g ~ E ~ ~ < . ~ . . """""."""..._..««~SEAL~ ~ ~ Anne M. r ~ .y . „ r ~ _ ~ ~ iS _ . - - . _ . - . ~ ::j : ~ , • ~i LEONARO IR.ViN ROSEN : a ~ . ~+p I 44 ~ ~ - : ! , • ~x tio < _ _ . :1~,~ . . . . - - . . - .-~,.i.~ _ ~1~ l.T~ l'f . v'~ i~ 17 ~ ~ ~j11•'r. ~...YC~ .3J, ~ ~~4 s~aK 2t~ P~~ 219 - : - . . , ~ - - ~ _ _ ~ ~ ± u ~ . t~ . . - - ~ ~ d~`~~