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Home My WebLink About0834 ' _ - ~ 6. To pay ~11 snd singular the coats. cAarges, expenses aad attorney's fees reasonably tncurc~ed or pafd at any tlm~ by the Mortgagee because ot any default us to any atipulatlon, agreement and covenant of the note and thls Mortga~e, or either, or in any suit or proceeding st law or tn equfty to which the Diortgagee shall be ar?d become a p~tty in reference to the Mortgngors intcrest In the premises he~eln mortgaged, oc in sustaining the lien or priority ot thts Mort~aQe; the amounts ot any such costs. charges, expenses and tees shaU also be deemed a charge ar~d lndebtednesa ~ecured hereby and bear interest at the same rate as the principal indebtedness. 1 T. In the event of a detault in any of the coveaants of this Mortgage, the Mortgegee 4 expressly given the rlght~ which may be exercised at eny time during the existence of any detault and so long as a detautt shall exlst. to take posses• sion of and hold the premises, with or without process oi law, and collect and recetve the nnts. lssuea und proflts theretrom, with or without taking possession of the premises, and to apply tAe renta, issues and profl4 to tl~e payment of expenses, charges and amounts due and payable under the provisions ot the aute and tAis Mortgage. Tbe Mort~s~or ; aas[gns and trnnaters uato the Mortgagee the renta, isaues snd proflts of the premises tor the purpoae aforeaald. The tsk- ` ing of pos~easion of the premises end the collectlon ot the rents by the Mortgagee shal! ia no way walve the rlght oi the E Mortgagee to foreclose this Mortgage because ot a defaul~ Md the Mortgagee may, at any time pending a ault upon thls Mortgage. apply to the Court Mving ~uri~dicUon of such suit for the appotntment ot a receiver of all and singuler the premLSes snd the rents, Lstuea and proSts thereof. and thereupon the Court ahall torthwith, as a st~ict matter ot right in the Mortgagee, and without constderation oi the value of the mortgaged premises as security for the amounts due the I?tortgagee, or the solvency of any person or peraons ; bound for the payrnent ot such amounts, and without notice, appoint a cecelver ot all such prem[ses wlth the usual powess ' and duties including the power to rer~t the premises and to collect the rental thereot and theretrom. the revenue derived ; from snid premises to be applted to tAe proper charges and expenses attending the receivership, taxes and assessnen4 ; and other charges against and for the prntectton ot the premises, the payment at Ne indebtedness secured hereby, or at ~ the Court may othenvlse direct. 8. It the premises. or any part thereof, Ls taken or darnaged under any power ot eminent domsiti or otherwise. thea } whatever moneys shall thereby become due the Mortgagor are hereby assigned and ahaU be pald to the Mortgagee. who. ~ atter deducting all reasonable costs and expenses which mey have been incurred by it in the coUection thereof. shal! apply the remainder ot the sums received to the payment and satlsiactlon ot the indebtedneaa secured hereby fn full or pro- tanto. Any surplus of such moneys over and above lhe amounts necessary to pay tn tull aU indebtedneas hereby ~ecurtd shall be paid to the I?tortgagor. , • 9. The Mortgagee snall have the right at any time and irom tlme to time. and without notice to or conseat oi aay person, to release any portion of the prem~ses from the lien of this Mortgage and to extend the time of payment ot aU or any part of the Indebtedness, without aQecting or releasing the personal liability ot any person liable for tt?e paymeat oi any sum or interest secured hereby and w[thout in anywise altering, varying or dlminishing the torce, etfect or Iten oi this Mortgage on all ot the premises not speci8cally relee~ed trom the llen ot th[s Mortgage by the Mortgagee. 4 ! . ~ 3 E ; s i p ` ~ ~ ~ i ~ ? ~ ~ ~ The coveaants herefn contelned shall bind. and the beneSfs and advanteges ahall inure to. the respectlve heits, execu- i ~ Wrs. adminlstratora, sucoessors. and assigns ot the parties hereto. Whenever used, the a[ngular number shall include the ; plural, the plural the singular. and We use of any gender shall include all genders. It ts intended that thls Mortgage and } the note hereby secured are made with reference to and shall be construed as a Flodda contract and ~overned by the ` ~ laws thereot ' ~ IN WITNESS WHEHEOF. tde ~iortgagor herein named has hereunto set his hand and aeai the d~ and yeu Sist ' ~ above written. ~ S Signed, Seaied and Delivered In the Preaence oi: ~ ? '~~~--.a--~eJ ..............•--......_...--°-°--..»------..._.«~S~T.) i Hortense D. Hudson ~ n~~ ? W Sz.0.~- ~ ~!'.V.~ U~'~~~dXt-~ (3EAL) " ~ ~ David F. Anderson III ~ -..1--•':- _ - - --..._...-------(SEAI.) , ~4 E H • ' ' ~ - ~ . . . . - - - / . . - - - ---._..(SEAL) ~ ~ - ~ ~ i ~ ~ ~ ~ L ~ ~ 1 AUL ~ 80~K ~ ~ ~ - - - - ~ ~ ti-,-~ ~ ~x ' :,r ~ ~ ~ , ~~.~_<~--r . _ _ ~ ~ ' _ _ n _