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HomeMy WebLinkAbout1836 . 1 + ~ t .1 6. 1b pay all ~nd tlu~ular t!w oosts. c2uisl~ ~ aad attosney's fae~ e~eawaably tacurerd oe pald at W Wa~ Dy t!~ ldort~asw boauw ot ae~? 8efault as to an1 ~Ip~u4voa. a~mnt and oovenant d tM aot~ u~d tl~ ~tort~~ oe eltbes, or !n aq~ ~utt oc prooeedin~ at law or in e9WtJ? to which tM D[o stiW be and beoo~me a p~rb? Ia rda~ to ce~ Moets.sor. mar~st fn w. rrenaa.r n~dn nwrta~.a. or w.us~~ w. u.n os rrtoNq? a ti~~. ~c ; u~. amoun4 ot a1Y ~ue~ aat~ d~ar~M. expe~ues and LtM aha11 alw be daemed • d~arn and lud~bt~dnNs uW Deae Inter~st at tb~ s~ nt~ ~s t1r peladPV indebt~dnea. 7. In the ewat a~ ~ detault fn anp ot the cov~aanta ot Wb Morts~t. tM D[ats~t fs ~pew~? ~fwa tM ~!?R whlcb m~,Y be ex~rels~d at any tlar daslnt tM e~dst~no~ at W 8etault and a lon~ ~s a ded?ntt shW oa1~t. to talce po~• doa o! and hold th~ pe~ratse~. wlth ar wftAaitp ot Lw. aad ooUect ~nd reoetw tM tw~ts, hwNS aad p~attb . cneretrom. vdu~ or wttLout takins pore~d a a[ t~r~is~ +u~ to app4 u~ rens~. Wws .sa p~oats to ta. pya~nt ot expenses. chaKa ~~aounb due aad pyraDl~ undes ths Wm?idoas at tbe not~ ~nd tblt ~toitsap. T!r 1[orlp~or aad~as and tr~nders unto tM Morts~~s We cantR 1~wes ~e?d ProQts ot tM premisea for Ure purpoN aLocMUW. TM L1c- M~ort~~ee~reclo~e tWs ~[oett~e beau~ae~ot a~ulLrents by the b[wrtsa~ee thall fa no wp watw tM rl~t oi tM AeW tl~e Hcrtia~a+ aW?. at W W~oe pe~dint • suit upon th4 ldort~~t~. aPP4 to tM Oourt havin~ iurlsdietbu ot such suit tor tbe appo~nhnent of a recelver ot all a~nd dnNlae' tt~e Pre~nba ~nd tbe ra~ts„ f~wus aad pe~onts tl~ereo~ ~ad thereupon the C+oust aesri lartl?w1tt~. as a strlct mattar a[ rl~ht in tbe Mortpsae. and witlwut oood8atition ot the value o[ tLs awst~ased Pre~bss as ~ecttdb for t~t aniounb due tM 1[ort~at+e. or the sotveac7? ot W? De~ ~ P~~ bound for tbe pq?meat c[ suiL amountt aM wttbait noRf~. L R reoelvtr oZ all sucb preml~ with t1~e uau~ipo~wees and dntles lncladia~ the Po~w~er to rest tbe pre~afass and to ~tM reaW theraof snd tAereh~oan. t1k rwe~us !~r trom pid pr~nlses to be applkd to tbe P~ ~~~~?tt~dlni the reoelver~hlp, taze~s and anamaenb ~nd othes chae~es s~alnst and for the protecNon o~ tlee prem~ses. tAe p~ymeat ot tLe in8ebtedoas ~ecured beraby. or a~ tlie Qourt myr otberwl~e direct 8. It t1?e P~~+. W P~ t~ b Ll~en or datn~ed uader W Pw?er oi emina~t dan~tn or cth~rwfse. t~eo ~IIZIiLOVQ! IqGnlyl i~l~ ti1lZ'!b~ D!lORI! d1N K02~si~01' tl~! bQl'!b~ ~!d illd i~ pL~Q ~D vY! KOlt~wj'N~ w~ ~YCtlilj tll tlafO~IRb1! CO/b a~ ~i W1~Ch aW? ~ItY! D!!A 111C11rl~lQ bp 1t 1R LD! 0011lCvOfl y1l1"l0~~ tbi1~ app~r tlre :+as~(nder ot tl~e sums rsoefved to tLep~~r~paat~nd iatidsctiaa a[ tM tnd~bt~e~s aecut+ed bereb~ 1n fnli or pro- t~ato. I?nY suRlus ot such moaeys oarer ~nd •bo~?e tae amounts neoas~ey Lo Pay fn full ~U ledeMednd~ bereby iscured swll be pstid to tbe ~[ort~a~oi: 9. The Mort~~ee shW 1?avs tLe rlsht at ao~ Wae wd irom tlnae to tlme. ~nd wltdout nottoe to or oonseat ot W Persos~. to release aW? Poetloa a[ tbe Di'e~nt~es fe+oQn tAe lle~ o[ tWs Mort~~e aad to extend the tla~e o~ pa~t o[ ~11 or u1Y WK oi tAa lndebted~. wlthont ~RRectins or relcadn~ the Per~onal WWllb ~ W D~raon 11aWe tor tbe p~ymeat at any wm or interat ~ecured hereby and wlthatt in any.wl~e altcrin~. vaqlnS or di~aWshin,~ tLe foe+oe. dfect oe lien o[ this Mortgage on W oi the p~ not spedncal4 rele~sed h~om the lkn ot ttds Mact~age by tl~e Mortp~ee. i i ~ I ~ Tbe oo~reoanb Bereln oontdned saa11 Dtnd~ and td beaMb aod ~dvant~as sbdl lnure t0. tbe rapectlv~e DM~. ~ar~ecu- tor+. adosinUtsator~. suooaso~r+. and a~d~s at t6e partks berata Whe~ever ase~1. the dn~uLr anmber shali factode tLt . tpbe~not,e~~e~xb~ ~eeuted~~at+e inade with rtleren~oe to~aad a~a11 cowtevad~ IP'loiida oontr~et and ~ th~ laws tLes~soL IN WITNES3 VVHF.REOF, tbe Moctga~or henln aamed has hereunto ~et bls luad and ~eal the dp aad ~ear Mt sbow writtm. 31~ned~ Se~1ed and Deltvesed in tne ~+aeaoe oi: I . ~ , (SEAI.) Dona~ld M. St f ~ . x tBEAI.) ~ ~LOS ~ r ; _ _ _ cs~r?i.~ RUSSELL H. flSHE - .-•----_._._.___..---•--.----•---.......__...._._____._..._.._._csFr?t.~ ~C , NN ! . ~ r ~ ~ ~202 ~1835 - . - -