HomeMy WebLinkAbout0520 .(c) if the Mortgagor shall, or shall attempt
to sell, assign or transfer or mortgage,
pledge or otherwise encumber the whole or
any part of the premises covered by this
mortgage.
4. When the indebtedness hereby secured sha11 become
past due, whether by acceleration or otherwise, the holders of
the note shall have the right to foreclose the lien hereof. In
any suit to foreclose the lien hereof, there shall be allowed
and included as additional indebtedness in the decree for sale
all expenditures and expenses which may be paid or incurred by
or on behalf of the mortgagee or the holders of the note for
attorneys' fees, mortgagee's fees, appraiser's fees, outlays for
docamentary and expert evidence 5L@ilu-"tca tiCia' ~:i
. y° y i3c'aiycS, ~.u,...~~
cation costs and costs (which may be estimated-as to items to
be expended after entry o~ the decree) of procuring all such
abstracts of title, title searches and examinations, with respect
to titZe as the mortgagee or the holders of the note may deem to
be reasonably necessary either to prosecute such suit or to
evidence to bidders at any sale which may be had pursuant to such
decree the true condition of the title to or the value of the
premises. All expenditures and expenses of the nature in this
paragraph mentioned shall become so much additional indebtedness
secured hereby and immediately due and payable with interest
thereon at the rate of eight per cent per annum, when paid or
incurred by the mortgagee or the holders of the note in connec-
tion with
(a) any proceeding, including probate and
bankruptcy proceedings, to which either
of them shall be a party, either as plaintiff
claimant or defendant, by reason of this
mortgage or any indebtedness hereby secured; '
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