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HomeMy WebLinkAbout0973 6. Zb p~y all and sinQular 1he costs. charges, expeases Rnd attoroey's tee~ reason~ely lncurtrd oe p~1d ~t W tton~ by the Mort=asee becawe ot any default es to any stlpulatlon. agreement and covenant of tbe aot~ ~nd tAb l[ortsat~. oe eithee. or ln any sult or psoceedlns at law or tn equity to wAich the Moirt~a~ee shail be and Oecoak a part~? te t~efereao~ to the Mortsa~o~'s tnt~rest tn the p[emises Aerele mort~agcd. or ie sustafNns tl~e llen or prioriq? ot tlds I~toec~.: ttN amounes ot einy such costi MRrges. expeases and tees ahall also be dcemed a clu~rse and tnd~Dtedaean Mcur~d Ms~eb7 a~d beu Interert at tLe same rate ~ tM prlncipal indebtednea. 7. In the event d a deteult In any ot the cove~ts o1 this Mort~e. the Mort~a~ee h axP~7 i~ which may be exercistd at ~ny tlnae during tl~e exldeACe ot iW? detault and so 1~ as a detault shW exfat. to taice po~- slon ot and hold tl:e premises, v?lth or without proeess oi lav., ~?nd oollect and recelve tl~e reAt~ ltsues aad ~otlts theretrom. with oe wltlaut taktng poatestioa of the premLes. u?d to appl~? the rents. isaus and praAts to tAt pqym~nt ot expeases. charges and amount~ due and payable under tAe providons ot the ewte and tNs ~[ort~e. TM l~[ort~a~ar apl~ns aad tnnaters unto tAe Mortga~ee the rents„ i~sues and prosts ot tbe premtses for tbe purpae dorewld. Zbe talc- in~ oi poase~lon ot tAe premtses sad the coUecUon ot the rents by the Mortgs~ce sMU ta no wq ~watw tM rlsht oi tbe Mort~a~eee to foreclose tNs Morigage because ot a detault An~ the Mortga~ga~ maY~ ~t aey tims psnding s sult apon N1a Mortga~e. aPP~Y to tM Court ~vtns ~ulsdletbn o[ such suit tor the appotntment ot a receiver oi all ~nd dnaulu the pcemisa and the rents, hwe~ and proIIts thereo~ and thereupon the Oourt sbW fortl~with. as a stdct matter ot ri~ht ld the Mort~a~ce. and witbout oonddentlan oi tbe value ot the mort~M premises as secudty Lor the aawunts due We Mort~a~ee~ or the solvency of any persoA or persons bound tor the payment ot such amounta~ and atthout naUa. appolnt a recelver ot all such premisa wlth the aswlpo~~s wd duUes Including the povrer to teat the pre~nises and to collect the rental thereof end theret~o~n. tla rw~enw dertvsd ~ imm said premices to be Rpplfed to the proper cMrges and expensa attending the reoelvenhtp. taxes aad a~eapna?b and other char~ea a~~lnst ~ for the protectlon oi the premises. the D~yment ot the lndebtedneas Mcund l~r~by. or as the Court may otherwlse direct 8. IL tHe QremisFs,,°~ any part thereof. 4 taken or d~naged under any power of eminent dom~a or atbtswis~, tL~ tl~es m~ne~! W~U iMreDy become due the MortgaQor aer Reeeby aul8~ed and shall be paid to tbs MO~t~a~ wllor ~r deductln~ all yreasonabte costs and expenses wh1cA maY have beea Wcurr~ed br !t fn tbe oollecq~n Wereo~ Y~ll app2~? the rennalnder o~ t~hesums irceived to the peyment ~nd sattdactioa ot tLe 1n8eDtedne~s ~ecured 1Ni'eby fn tull or pro- tanta My surplus of wch moneys over and above the amouats neces~ary W pay fa fuil alt iadeMedna~ Uereb~ Mcur~d sAW De p~ia to the xort~agor. 9. TAe Mort~e~ shell have the d~ht at any Wne ~nd imm Wns to Wne. aad arlthout notlce to or ooosent o3 W perwn. to rele~se atV portion oi the pcemises lrom tAe Uen oi this Mortgage and to extead the Wne ot p~yn?ent o! W oe aqy psrt ot the indebtedness, wlthout ~Qecting or releastns the personal liabWty oi any pee~soa llable !or tbe p~nent a! .ny ~m or mkr~c ,e~rea hereey ana .~tuwuc ~n ~y~se ueeN~s. ~.r~g or a~n~nu~ ct,e torce. ettect or nen ot Ws 2dortRa~e oa ~11 ot the premiaes not speci8cally relea:ed trom the lien of this Mortgage by the Mort~a~ee. ' ; ~ The oovaoaab bereln oontained sAall b1ud. aad the beaes4 and ~draata~es shW laure to. th~ re~eetl~e 1~dri. ~orecw tor~ brnfatdsat+o~a. wooa~wr~ aad assi~s of tbe parties Uereto. Wbeaever asM. the dn~uLr ntm~ber ~all ladnd~ t~ plur~l. tLe pinral tbe atnNlar. ~od tLe use u~ any ten~r ahall indn8e ail ~endess. It ts intendad tb~t tWs ~[art~ap ~od tLe note htrebt iecured are made wlth refereaoe to aad sbaU be eonst~ved as a FlotfQa ~ontract and ~o~eea~A b~? t~ laws t)~ereo4 IN W11NFS3 WHER~OF. tbe Moetgagor berein named has hereunto aet Ws t~aM ~nd seal t6e dp aM Tear ~est abov~ weittm. S[ped. Se~led and Deltv~ered fn the Pt+e~e~noe ot: . . (3EAL? Sidney . ~ - ~ tSF.AL) _ . 5~...~'. . . ~ ~ _ . 600K~~ PACE 9~ ~ ~ _ - - - _ - _ .