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HomeMy WebLinkAbout2770 ` ~ ~ E 6. 'lb p1y aU wd ai~N1u tM casts. cl~arse~ e:p~aws aad attorn~y'a tNS rea~oAtply Iac~uerA a~ pald at ~n~? Wtw by the ~toctp~ D~wu~ ot W detault as W ~ny +d0ulatloa. a~nt aad cwvMaet d tM aot~ aad Ws y[oetisN. oe elther. or la ault or proaedin~ at I~w or la, epuity to M?hkA tAt Uo shW b~ aad b~ooa~t a pacf~? la r~l~t~ to the Martia~Oe's inbreat la tb~ Premisea Mreta or la sw~ tM Uta or Pebelq? a[ tlds 1[ : tA~ anaunu o~ anY such cats. char~es. expenses and f~es i~ be dMm~d ~ cAacp anA to0~badn~ ~~s~Mc~b~? aed Deae Inttrest at tM wn~ nte as tM ptladp~l Indsptadaas. ~ 7. Ia tM went oI a 8efault tn ae~? ot tl~ co~naaaN ot thls Moet~a~~~ tM ~tortsa~ N~cpr~? t~~ ~~i~~. whlch may bt ~xerclsed at aa,y tim~ durins tM exid~nc~ ot W? d~tauK ~nd w loaa as a d~ltult abW ~xf~t. to talc~ pa~M- don ot and Aold tM pr~mise~. wiW oe wlNatt ptna~ a[ law. anQ eolNct and noetw tM rtntr. f~uss ~M protltr theretwm. witb oe witlwut takln~ po~eMiaa o[ ths pr~nba. and to aPPb tM e^eab. ha~~s aad pz~o~tt W tbt pyrn~at ot expen~es. charses and anwunts due and pa~rab/e under the provldons ot tl~e n~ aad tWs 1[ortp;+• ~ Mort~a~or ~ns aeM transters uato the Mort~a~ee tLe nat~ itaas and pcoQts of the premLes !or tM puzpw~ atoreM?d. TM tak- in; of pone~on ot t!~ premisea a~d tM collecttoa oi tM reats bY the Mort~asee Mall In no as~? walw tM rl~At ot tM Mort~qee to Loreclo~ thls Mortf~e because ot a detaulL And tbs Mo;t`ase~ a~a~r. at aar Ume p~Mins a sult upon Ws I~[ortp~e. apply to tlie Oourt havln~ ~trl~dictbn ot sucA sult for the appol~?tmeat ot ~ recetver of all and dn~ulu the premt~ea and 4'u seAts, isues and RroIIV thereo~ aM thereupoil the Coutt sball tolthwith. as a stdct tnatter of M~bt ii~ the Mort~ee. aud MrithOUt Oondder~tloa Ot the value ot the mort~ed premiaes as sect~db toe' tbe an?ounts due We Mortia~ee. or the solvenr~ ot any person or pe:aons bound for the p~yment ot auch amounts. and ~?ithout notlce. appolnt a receiver o[ all wch premisa ~?1th tLe utwlpoaets aad duUes Wdudia~ the power to rent the premises ~nd to coUect the rental thereoi and therefrom. the r~veaue d~sived trom said premise~ to b~ aPPDcd to the PmPer c1~ar6es and expesues attendtng the reoetve~shtp. tase~ aad a~aaa~b attd other chsr~es atdnst and for the protecUoa of tAe pren+iaes. the W11~mpnt ot tAe indebtsdness secured lureby. or a~ ths Court may otherwiae dicect ~ g. It t1~e Premi~es„ or any past thereot. 1s taken or damagcd under aqy power ot emiaent domain or otMrwl~e. tlw~ rvMtever moaeY~ shall thereby become due tbe MortQa~or are hereby adSned and shall be pa~ to the ~ortp~w. wh0. atter deducting ell reuonable costs and expcnses which ma,Y hav~e been incnrnd by it tn the ooAection tbered. abW •PPb~ the remainder ot the sums received to thep~yme nt and satisiacttoa ot the indebtednen secuced hereby in fu11~ or pro- tanta Any surplus of such maneys oti-er and above the amounts neeessary to pey? !n lull all lndebtednees hereb~ ~ecured d,au ee pala to the lRortsagor. 9. The Mort~atee s1u11 have the ci~ht at any time ~r?d trom tlme to time. and ~ritMut aotlae to or coruent ot an~? person. to release e~n~? portion of the premises from the llen ot thls Mortgage aAd to extend th! t~ae ot paynient ot ~ll ar say part ot the fndebtcdnea~, without eQecUn~ or releasins the peraonal liabillq? ot any person lfable for the p~yment o! any sum or Interat secured hereby and without in anywise alterin~. varyfng or dtmini:hing the foroe. ettect or llen o~ thfs ldortgage on all oi tAe premices not speciDcally released trom the iten of this Mortgage by ths Mort~~tee. ; ; { Tbe oorenan4 herNn contafned :hall b~?d. aad tl~e beaefl4 and sdvaats~es ~t,all inure to. t6e respectltre hel~ axecu- Wrs„ admfnfstraWrs~ auoowo~r~, and asdQns oi the partfes hereto. Wheaever used, the singular nwaber shall Includt tlie Nns~l. the plural the dn~ilar. aad tbe use of any ~ sbaII inclu~ all senders. It ts latraded that this ld~oitsase and the note bereb7 sccured are made wtth referei?ce to aad sl~all be ~ed u• Floslaa oontract anA ~o~v~erned b~ tlr~ la~rs thereoL IN W11NF53 M/I~iERDOF. the MurtBa~un c~reia n~med has hereunto ~et hfs hud ~ad seal tbe ds~? aod ~?ear Mt sboti~ wiitt~a. 3i~oet~. ~ea~Ed ana iiei;iieis$ - t~ u~ r~a~oe a: ~ ~ _ _._......cs~.~ genry s Piyler _ . - _ . cBEA.L> ~ Ssther J. Ply - / ~ ........---•-••--••---........_.._....._......._....(SEAL) / _ • •-•----•--•---•••--••••--•....._...........---__.--_••----..............(SEAL) ~~~iF~~~ _ _ _.,r.~ _ ->-~°-t _ `.~r r.~~ _ ~ _ - _