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Home My WebLink About1775 T1J 1~/1VE AN~ TO NOLO th~ preml~ unto tald~~i_8... jsEa~~~.~~_-._- ~ ~~s succc:~.o~s arxt sss~p~s, lo~cvcr, la the pu~poses, ~nd uPa~ tM uses ~nd ~nntt henin set ~ath. IT IS FURTFIER UN~ERSTOO~ /1N~ AGREE~ TNAT: 1. Until the incieb~odness sloresaid shall b~ (ully paid~ and M ps~ of the falluh of th~ Mwtppor, IN suourion o~ ~sitpns to mak~ •~y wr~x~~ o• v~~~am a~?y~of tF» ac~s ~s follows: ~?t~ifiXp~C7fi~~rlCNtit~kX~ 7bKii+~i6~1Di+Yil[~Ci6Yr7dC*itii~lf7~HiMtf~ltOftl~3[~i~C~7ii0~76Ydf~?~lt~piY761C : 7N[7t~it~XJt ~ ?~XJ~M1l~$y~~~~~~ifiC]Dl~t~{![~7Wm[aG]C]t1~10X7Hd7~ltiC*UK7t~l[~iN/CY~i[7i~?DiC~7010lC~DI'C~0/07i1QltilQ[X ~ 0~10adqClL+1~~KIW[~DaD7ttOt0itXX ~ Icl psy when due any indebtsdness which may be secured by s Ilen or char~e on the Prembes wperia to th~ INn htreof, ~nd upo~+ it y~:«ti.. «..i. ...in. 1:... te. Tn,ste. or to holden of th~ not~: iEaj~iEi{ C~ciuiiii i:iii:~....:j ..v...~..:.c vs . ~;i• - r~ x~c x~Xol~(Xi[7~[I~AaCN~7iY~iilAi~7iYr~li7c~Xi~C7bYRd~.~xdE7~WWi~7i3Gitdf ~iitii,~lt~7iit~E3Exi~C~f~ERa1R~~i~1ii[4fili~[ l~l comply w~th sll ?equi~ements of Iaw or m~micipal ordinances with rospect to ths prem~ses and th~ use thereof; ~ ~ ~ ~~~~~~~~~~~~~~~~~~~~~~~l~~~~~~~ X p,y Yltpt~t~t~7c~a[l~t~ic7~pr1p~1q1t~~aWt~csll genepl taxes, specisl faxes, specisl assessmenfs, water tharges, sewe~ service charges, and othe~ cha~ges a~ssinst the premises when due, and upo~ w~ilten roquest, ro furnish to Truslee o? to holden of the note dupikate r~ce~pts therelor, Ih) pay in full under prolesf in the msnner provided bY statute, s~y tsx or uscssments whkh Morfpsqo~ msy desire to co~test; X}[~4iXli~fpqOKii~lii~Y~[~Glb~(d6iEiiit~Ibi[7S![~!1l7~3[~CO~i3*~~~~~Cit7l~7(iqiC~iC7d~fDOlO~}!0[dC ~~~1~7~i~I3t]i~7idi7~Di3J3iil~rYY~l6~l~7ilCiiablEYIi~V1tl~~7f]irlslCl[~~i~1t16iC7~II~Y~i~i~X 7iali37fe~~lfr]i~7~pi7~Yr#~dL~dC~iX~~7G~8ibY~1lJfeY~7~CYdLiieBI~Yt7~e~~IQ0K7iEif~WGXii7Eit~IQWfdi~K~t~fol~d[$36KIEiY~ xulG~i1C If~a~~76if~7roY~ii7t~iClidfdiii7jK~iiC7WfijYJER7a~i[SitiWHYnlfJt4~i~Ri~EliBdii~[ ~~t~t~meom[i[ecuMOta~dct~xai[~1tr9catlmc~na~aa[~mcie~l~o iaaoacbcac~0t~mo~eleaca~kamatx i7f~1~16~76~I[i~diKitieRiiilpOC~X~«ItbiQtOD]l7Ul0ia[IOXlD~4C~CIDYDCQ[di7~b~1~7~7Cl~XOOXdi1aDlQt~7ii~QCR 7~tfdqt l~lt7~[!clb7~i~[lt~c]~gl[~ts~cd~icl~G~t~C~ 7~ki6~[D~Ot~tf[X 1~1 The ho~ders of the not~ may, but need nof, make such paymeht or perForm such act as set foHh herein i~ any form snd msnne~ deemed expedient, and msy declare the said nete and matgage in default and nevertheless may, bu~ need not, make (ull w partial payments of principal or interest on prior erxumbrantes, ff any, and pu~chase, discharge, cornpromiss or setNe aey tax lien or o~her pri~r lien w title or claim thereof, or recleern from u+y tax sale or fortelture af(ecting said premius or tontest any tax or assessmenf. /111 monies psid (w an~ of the purposes herein authorized and all expenses pald w Incurred In eonnecfio~ thereveifh, incluJ~~g altwneys' fees, and any olher monies advanced by Trustees w tl~e holclers of the nofe to prolett the mortgaged premises and the lien hereof, plus reasonable tompensation to 1F?e Trusteo (or each rrwtter concerning which attion herein authorized may be taken, shall be so nxich additional i~debted.~ess secured thereby and shall Gecome immediatety due ar+d payab~e without notice and with inlerest lhereon st the rate of elght per cent per snrwm. Inaction of holders of the note shall never be tonsidered ss a waiver o( any right xcruing to them o~ account of sny of the provisions of tF.is paragraph. 2. The hotders of the note hareby secured makin~ a~y psyment hereby authorized relatin~ to tsxes or sssessments, nnay do so ~cco?d- Eng to ~ny bill, statemenf o~ estimale procured f~om ths approprisfe publiC offite without inquiry info the Kturaty of wch blll, stateme~t or es:imate or into tF~e ralidiry of any tax, assessment, sale, forfeiturc, tax lien or titk or claim thereof. ~ r /1t the option of the holders of the note snd without notice to mortgagor, its successors a sssi~ns, all unpstd Iodebtedness secured by this mortgags shalt, notwithstsnding snythinp ie? the note or M this mortga~e to fhe cont?sry, betans due a~d psysble: tal a~aa~~~~f def~ulr i~ makinp wymen~ of amr ins~atimen~ of P?~nc~Pal or ~nrerest on rhs nute, or (bl in the event of the failure of mwtgagor, a? its successors w asslgns to do any of the things spetiflcally set fo?th in par~qraph one hereof and wch default shsll cw?tinue fo?~~i dsYS, said oPtion to be exercised a~ a~+y tlme after the expration of said 1G~fiY 30 day period, or 3U ~ Ic) in the event of the failure of the mortgagor, or its wcceswrs or assipns, to do things specifiplty set fath in paragraph one hereof ~ and any such detault shall continue fw O days, sald option may be exercised st any time sfter expiration of the sald 1f~tdat~6 ~ pcriod. 3U ~ 4, When the indebtedness hereby secured shall become due. whethe~ by acceleration or otherwise, the holders of tF~e note shall hsve the right to foreclose the lien hereof. In amr sult to foreclose the Ifen he?eof, there sha11 be sllorred and included ss additional indebtedness in ~ the decree for sale alt expenditures and expe~ses which may be paid or incurrcd by or on behalf of the rr+ortgagee w the holders of the note ; for attorneys' iees, morlgagee's fees, appraiser s fees, outlays fa documenfary and expert eviderxe, stenographers' cFwrges, publication tosts ~ anA costs ~wt,Kr, may be estimated as to items to be expended after entry of the decreel of procuring ~II such abstracts of title, title ~ sea.cl~es ancl exaun~ahons, with respect to title as the mortgagee or the holders of the note may deem to be reasonably necessary either to prosea,~e s~xh suit or to eviclence to bidders at any sale which may be had pursuant to wch dec~ee the true condition of the title to or ~ the value of the prtmises. All cxpenditures a~d expe~ses of the nature ~n this paragraph meotioned shsll betane so much additionsl indebted- ness secured hereby and lmmediately due a~d payable with interest thereon at the rate of eiyht per cent per snnum, when paid w incurred by tlie mortga~=e or the holcfers of the note in corx~ection with lal any proceeding, i~cluding probate and bankruptcy proceedirx~s, to whith either of them shsll be a party, either ss plainHff, tlatmant or dr(enJant, by reason of fhls mwtgage or sny Indebtedness hereby secured; o? Ib) preparations ~or the commerxement of any wit for the fweclowrs hereof after accrwl of such tlpht to forecbsure whether or not xtually cwnrnenced; w Icl preparat:ens (or the de(ense of ~ny ihreatened wit or proceedirg which miflht •~fect ths premises or the security thereof, whelher or nol actuslly tommented. 5. l he proceeds of any (o~eclosure sale of the premises shall be distritwted and spplied in the following order of prlority: First, on ~ ` account of all cc~ts and expenses incident to the foreclosure proceedings, tncluding a11 such items as sre mentioned In the preceding para- ~raph hereof; secor?d, all other items which under the terms hereof tonstitute secured I~debtedness addilior?al to that evidenced by the not~, w~?h intcrest thcrcon as hcre~n p~ovided; lhird, all principal and i~terest remaining unpaid on the note; fourth, any overplus to mo~tgagor, ~ ~~s Iega) representatives or assigns, as their rights may appear. ' 6. Upon, or at any ~ime a(te~ the filinp of s bill to forecbse this mortpage, the court i~ which such bill is filed may appoinl s re- ce~ve~ of said prem~ses. Such spaolntment may be made either before or ~fter sale, withan notice, without regard to the solvency o? insot- vency at the time of spplics~ion for wch receive~, of the person o~ parsons, if any, lisbk fw ~Fw psyment of the Indebtedness secured hereby, i snd withour regsrd to the then value of ths p~en+ises w whethe~ th~ sarr~ shall be then occupied as a hon+estesd or not ~nd ths TnntN hero- s under msy b~ ~ppointed as wch nc~iver. Sud~ receh~e~ shall hsw th~ powe~ to oollect tM rents, issues snd proflb of ssid prtmiset durlrq ~ ~ F-°.-~ PA~E~7~3 ~ _ .~,3 ,:s*a. _ x+'sg,,'~ ".-1 T