HomeMy WebLinkAbout1309 dischar~ed. uid ~tortssgN may at ~ny time pay t~ ttnle• g~ iny~paSR .~cent without w~lvtns oe attectins
~ay option. Uen. aqatt or ei ht under or by virtus Wi~ 1~ortta~ ~~IQ e Nll amount ot eacb and every
wch payment ahall be immedlately dua and {+ayable and~ sfialt be~e rnt~eeat from the dau Neceot unUl psid
at th~ cate ot ten psr centum per annum and togethe~ witb such fntereat ahall ba aecund by th~ Uen ot thb
mortga~a
S. To placs and contiauously keep on the bu;lding~ aow or hereatter altwt~ an ~ald land dce and w[ndstora~ ?
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tasurar~ce in the usual standard poliry forn~. in a aum twt las than the fuU insurabk value, in such com-
paay or comp:snica aa may be appmved by asid MortgaRce; and ~?11 auch insurance polictq oa at?p ot aaid Duild- ;
ings, any tntarest therein orpart thereof. in tha s~regate aum ator~aald or In excaas thereot. ~hW contain t1r~
vsual atandsrd mortgasee clauae makins •the lou undee suid poUcies. each and evary, payaW~ to said ~+lort~ ~
aee aa hfa intee~eat may appeu. snd ee~ch arid eve~r such policy shaU be prumptly deUvered to and held by ~aid ;
Idortgagce; and. not lesa than tete days !n Rdvance oi the expintion ot each poUcy, to d~liver to s~td Mortgage~ ;
a tenewal thereof, toRether with a recelpt for the pnmium at ru~A eenewal• ~?nd thers shW be no auch insar-
ance 'plsced on any ot esfd buildings. aay it~tereet therein or part thereof. ualeas ir? the form and with tt~t los~ :
payaDle as atores~id; snd in the ~vet~t eny aum ot money becomes paysble undcr suefi poUey or poUctes said ~
~tortgagee ahsll tu?ve the oplfon to nceive ~r?d Apply ths aaaae on ac~ount ot the lndebtadnea ~ecured hereby or i
to permlt sald Mort~or to rscelve and use 1t or u?y pert th~reot for other puepoNS witlwut tUereDy ~raivlnt ~
or impslring any equity, lien or riRht under or by virtue oi thb mort~aae; ae~d ia tbe avent aaid 11[ortga~or iha,U ~
for anp nason [a11 to ktep the said premiees ao fruurrd, or iW to dellver pe+o~nptly any ot ~aid policies o! ~
insnrance to aald Mortgagee. or te~ll~ prompUy to pay tully any premlwn tbtrefor, os in any r~spect iW to per- t
form. diecharge. execute, eflec~ complete. comply with Rnd abide by this oownan~ or ai?y put Aereot. Wd ]doK~ i
sgce msy place and psy for ~ucD lneunnce or at~y part• therao! without walvin6 or ~ifecUn~ aqy option. lie0. ~
equlty or right under or by vtrtue ot thl~ mortg~e, and the t1~U wpwunt ot ~ach anQ every aw~h psyment s1~a11
be lmmediatei~ due and payable atW ~haII beu InteeYSt trom the dste theeeo! untU psld at th~ rate of ten per ~
oentwn per annwn and tosether with such lntereat shal~ bs ~lcu~d Dy tke Hea os thb 1ao~e. ~
t. Zb p~emt~ commit or witer ao waste: Impairmeat ar 8~f~:ioe~tica e! ~aW Di'oP~7 P~ tneerat ~
a. 1b p~y all aad dn6ulu the co~ts. eharse~ aad ~xpe~uea. inch~dins r~a~oaable lawyer'~ !cu and cwt of '
abtracta ot title. incurred or pald at anp tim~ by satd Mort~e~ becauss and/or 1n th~ ~vent o! tbs latlur~ ~
on the part o! the said ][ortsaaor to dulY. Promptly and Nlly prtor~e. d~ae'60. ~secut~. eKeet, coanplet,~,
complTarfth and abide Dy eacL and ever~r tM dlpulatiotu. ~neata. condiUans and oovenanb ot ssid pronW-
wry note. aad thi~ rnortasg~, an~ or either. and bst~ eosta? c1w*~d a~d ~P~n~, each and ewrp. ~~lt b~ irn- ~
mediately dw and puyable. wD~ther or not thaca M ewtioe. demand. attNnpt to cop~et oe sutt peadLrB: and th~
iWl amoant of each aad ererY aucA P~Y~t ~bsli bu tnt~t trom tfN d~t~ tMev~o! ur?til M1d at tbe rate ot
taa p~r eentnm pts ae~num; and W~atd eo~t~. eharps aad ~otpnw ~o taoutr~d oe pa14. to~+tl~e wltA suci~ i~
tarat, adli b~ ~~d Oy tb~ 1Ma o! thfs mo~tsa~s..
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T, Z7~at in tlie e~reat tha~t at tlse beginntas ot er at an~ time panding any auit upon this mortaa~e, or to ~
loreclase i~ or W r~form it, and/or Lo ~niorc~ payment ot any claims hereunder. said Mortgsaee sha11 apply '
to the court h~vins iurisdictlon thareoi for We appomunent af a Receiver, such court ahalt forthwith appoint ~
s Receiver ot aatd mortgaged propesty all and aingular. including all and singular the rents. lncome. ~rofits.
iasues and revenuea from whatever source derived, each and e~ery of which, it being expreasly undsrstaod. is
hereby morigaged as it specificaliy set forth and descrir,ed in the granting and habendum elauses hereoi. aad
auch Receiver shall haw W the bsoad snd eKecEive~functipns and ~w~~•ers in anywise entrustM by a court
to ~ Receiv~r. aad such appointment shall Le~ inadA by such oourt a~ ~ admitted equity and a inatLes ot ab?
~oInb rfadt to satd Mori~agee. aad without rcterence to the adequacy or inadequuy oi the value oi tha prop-
erty mort~ed or to the solvency or inaolvency ot said Mortgagor and/or of the dafeadauts. aad that such
rents. protits. lncome, isauea and re~enues ahaU be aE~plied ey auch Recetver accordina to tl~e lbn uW/or equit~l
ot said Hortsssee and the pnctie~ of auct~ court _ "
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IN VPl'TNES3 WHEREOF. the said lYtostsaaor haa sxecut~d this mort~a~e under seal on th~ da~~di~r
'i 1~erein tiisf ~e written. t.~~
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I Sltned. sea~ snd dellve in the ce ce of : H R Y~., S,~ _
i - BY : / , r ~ - ~ . s~' '
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: , ~ ~ . l ~ Lily aseotea~~ y~ : :
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' BY f ~ ..,o-v.t. ~ . - «:a:~•°' ~ ~
t Je • l
rancis N. Alger ~q~.:.. L~ident
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' STATE OF_..___...___._........._ ~
COLTNTY OF.._.._._....._._.._.._......._..__...N~ ~ ;
i Betort au periora117 ~PP~~~ "
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~ W me wrell known ~nd known to r?ze to be the individual_... descrlbed in wd v?bo executtd th~ foretotc?~ l~utrw
f naen~ and nclc~pwled6ed before .m~ thst ---•he.... executed the sam~ for the purQwes tb~rein ucPrYSSed.
? ~ WTi'NZSS my haad inQ otHcial aeal this
..................~..._...d~~ o 1~.--.
~NLo~ta/~ry_.
~Public tn a•_a•d_ tor Y-_,
t NW WW~~i ~ ~MM ~~fPY~
My couunis~ion eupirea:
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