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Home My WebLink About0241 ~ 1 . 4 ~ & To pay all and singular the caats, charges, expenaes and attorney's teea rnasonebly incurred or paW at any tlme , by tht Mortg~ee becauac ~t rs~y det+~ult ~a 4a any stl~~tlatlon, 8~i£!!!2~!!~ ~R~ i~ifyan~R~ r.s ~t±~ rnte ~*?d tl~la Mortgag~. os either. or in any suft or proceeding at law or In equfty to whtch the Mortgagee shall be and becume a party tn referenoe to the MortgagoYa Interest it~ the premises heretn mortgaged, or in sustalning the lten or priority ~ thb Mott~a~e; the amounta ot any such casts, charges, expenses and tees ahall alao be deemed a char~e and Indebtedness secured her~y end bear interest at the sume rate as the prtncipal indebtedness. 7. In the event of s detault tn eu~y ot the covenants of this MortRage, tAe Mortgagee b expressly ~1ven the dQht~ which may be exerciaed at any Ume during the existeuce of any detsult and ao long as s default sAall exiat. to take possea- ~ sion of and hold tlie premises, with or without pmceas oi law, and coltect and recelve the rents„ lsaues ~nd prorits ; theret~om. with or without taki~g poasessioA of the premises, and to apply the renta. tssues end prosts to tDe paymeat ~ ot expenses, charges and amounb due and payable under the pmvisions of the note and thb Mortg~~e. The Mortgagos asslgns and transters unto tAe MoMgagee the rents, tsaues and pm8ts ot We premiaes for the puipose doresaid. The tak- ~ ing oi poss~lon of the premises snd the collection of tAe rents by the Mortgagee shall in no wqy wslve the ri~ht oL We Mortgagee to toreclose this Mortgage becauae of a detsulL Md the Mortgagee may. at any tlme pending a sult upon U?is Mortgage, appty to the Court having ~urtsdicUon oi ~ such suit for the appointment of a receiver of sll and singutar tl~e premlaes and the rents. issues and pro8ts thereot, and ~ thereupon the Court sDall forthwith~ aa a stdct matter ot right In the Mortgagee. and without oonstderaUon o1 the value of the mortgaged premises as aecurity for the amounts due the Mortgagee. or the selvency of any person or persons ' bound tor the payment ot such amounts, and wlthout notice. appotnt a rcceiver oi all such premiaes with the usual poweis ~ and dudes Including the power to rent the premisea and to collect the renial thereot and tt~erefcom. the nwenue dtrlved from said premises to be applied to the proper chsrgea and expenses attending the rece[vershlp. taxes atM e~tesamenU and other charges agatnst and for the protectlon ot Ne premises, the payment ot the Indebtedness secured hereby. or as the Court msy othezwise direci ~ 8. If the premises. or any part thereof, h taken or damaged under any power of eminent domain oe otherwlse. thea ~ whatever moneys shall thereby become due the Mortgagor are hereby sssigned and ahaU De paid to the Mortga~eee. who, after deducting all reasonable costs and expenses whlch may have been incurred by it In the collecdon thereoi. ahall apply the reraainder oi tAr sums received to the payment and sat,isiaction of the indebtpdneas tecured hereby in htll or pro- ~ tanto. Any surplus of auch moneya over and nbove the amounts necessary to psy !n full all indebtedness hereby ~ecured ~ ahall be paid to the Mortgagor. i 9. The Mortgagee shall have the right at uny tfine and trom Wne to tlme, and wlthout nottce to or conaent of any ~ person. to release any portion ot the premises Irom the Uen ot this Mortgage snd to extend the time ot payment of ell or any part of the indebtedness, without a~ecting or releasin~ the personal liabtllty of any person liable for the payment oi any sum or interest aecured hereby and without in anywlse altering, vsrying or dLnlnishing the force, effect or lten ot ' this Mortgage on all ot the premises not speciflcally releaaed tcom the Ilen of this Mortgage by the Mortgagee. ~ ~ ~ ~ 1 _ ` ~ 3 ~ i ~ 3 . ~ ~ s F S f ~ f I I ~ i a E ~ ~ . ~ E ~ ~ The covenanb heretn contained shall bind, and the beneflts and advantages shall inure to, tl~e respeetfve hdis„ exe~u- ~ ~ tors. administratora, successors, and assigns of the parties hereto. Whenever used. the aingular number ahall in¢lude the ~ plural. the plural the aln~ular, and the use of any gender shall include all Qenders. It Ls Wt~nded that thls Moit~age aad ~ ~ the note hereby secured are made v?ith reference to and aball be construed sa a Flodds contract and ~avetned by ths s ~ laws thereoL ~ IN WITNFSS WHEREOF, the Mortgagor herein namM haa hereunto ~et Ats hand and seal the day and year ~tt ~ ~ above wrftten. ~ F s ~ ` ~ Signed, Sealed and Delivered S ln the Presence of: K ~ ~ ~ " . _ _ • r • .._(3EAL) ~ ~ J se C. Cabrero ~ ~ ~ ~ • ~ ~ . ~ ~ ~~~r_H.c~t:~.C.-- - - --------c'~ ='......----..._._....cs~?t.~ ~ ....Trinidad A. Cabrero ~ , . K- , - < ~ {_..~...~.i~~~!l~. . . i~ ' ' ..-..~1-~ .csEai.~ . ~ , ~ _ ~``/~LL~' 'c,~ ~ii,~~-~~ g . : ..................~a-•••-•-•--•-.-•-•••........ . + - ~--~~-------~---~-------------..............(SEAL) . n, ~r ~ ,i'7c F ! { ~ 1 .S> S . `~j r ~~~K 2l0 2~ ~ ~ : ~ ~ : ~ ~='~~~~~,.~~..b.~~ ~ ~~~..~Y. . . : : ~