HomeMy WebLinkAbout0004 10. Thot iM Matgsgws witl give immediate ~otFc~ bgl maU to it~~ Mort~a~ 'vi ioy ~wlyanet. twnsiK or cMn~ ot
owne+ship oi iM prtm~stt.
I1. That n0 waiv~r r?t suy covensot heroin or ot tha ~t,li~gation secured henb~r shsq at amr tlm~ tbereaitc~ 6~ he1d to be
a waive~ of tM terms bereof or oi tl~e noi~ securad lretrby.
12. ?hat i1 tM AiwtQa~as detsult iR aay of ths CoV~nants or agretments tontaioed Mroin, or in said nab tfien th~
Mort~atae may partorm tM sama. and aN exWnditures (including reasaiN Wa attarney's tees) msda by 1hs Irtortgsga~ in so ddnq
shaN drsw interest at ti~e rat~ of eigt~t percentum (8~jf,) per anoum. and 3tiiii Le rai,a~sbia imr~HStcly ar.~ xriil:out rlemastc! by
the Mortgagw~s to tM Mwtgs~ee. and. together witA i.. ar~d costs sccruiog tMnon, shall b~ sscured by Mis mort~age.
I3. Yhat tfie mailin~ o! a wYitten natice or aemarnd addressed to tha o~~?+nsr of rawid af tM mo.~#gaged premises. cr ~iretyqt
to the said owner ~t !!rs last sddre:s acl~Iy fumished tc the Mat~sgee. or directod to said ow~ter at ssio tiwrigaged premises,
erni inafied i~ the United States tnsi#s, shall be sufi~:sat notiq and demand in sny csse arising under Mis instrumeM and re-
quirad by tht provisiau hereof or O~t law.
14. Thls Mort~s~a shap s~c~re not onb existina indebtsdness. but aiso such futuro adva.~ces, r~~ei`~ s~#i a~ivantas aro ;
obi~gatcu~; ;>r be mad~ at the option ot ttK MortQage~. or otl~e~ise. s~ sa msde within tNr:ttY {20) Ysars t~oitt t~e dat~ hero-
ot. t~ ttta sarrn axtca! as !f wch luturo sdvanc~s wsn msda on th~ date oi !he execution ot this nwKgsgs. pyt such secund
+ndebtec3~ss shall not exceed at am? tjme the msximum ptincipal smount oi;_ ~ ptus iMarest, snd a~y ~
disbursements n~adie ior ;i~e ~ayment of taxas. Iwies or inwrance, on tha property covere~ t~; !he ~ieo ot this mortgag~. yv~ih in-
terast oa such disbu~sements.
Ttas cover?snts l~acein Contained sNall bind. snd the benefits and advantages si~aU ~nure to, the respsethre haira. ~xecutors~
admi~istr~ton and as•~ ot the parties h~mto. WI~~ uscd. the ungular number st~all include the plurol. ths plursi tbe sin~u-
lar. and the ~ss ot sny gender sl~all lndude all genders.
. iN WITNESS WNEREO~. the ssid Mortg,ag~on hare h+rrseer~ic~ set tAeir hsnds amd seals tt~e dsy and ysar first aforosaW.
Signed, se.:led and delivered in ths pres~nce of: ~
i:C~~ ~UNSTRUCTION, INC.
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~yl'! ~i'~, atie Li?Qlti~3E~ ~'.:!ttOlitr, OR t1ttS ~ P'ti'S~t3i.'su~jt C~StYd .
and . his wifE. t8 me x~+e!! kt~m and k~ow~r tU mb tv b@ tha i'.id~K'X11s~~ i~sct'tbEd in
and wtw exewted the loregr:ng ic?strumer,!, and sckru~„~rledgs+~ 6etore me that they exucut~d ihe same for the purpose thersin _
expressed.
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, WITNESS my hand and official sesl this day of . ~g~_. ~ -
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' N Putsbic, Stetet¢ - - -
~ . My commission expiros: = • ' ' ' , .j • .
STAT~ ~r ~r,~~ ~,~n vr +~iea~i~t i.~r. t:
~r c.c,:x,~.-~~._• m:ttf3 '!~!+E to7t
COiJt~T4' 0: ~~au.L~-~t~ ~ouD~otHn. , , .-:=~:•a~.tr.^*~`~~~'
I hereby Certify that on tnis day, before me, an off~cer c3uly aut r`i~ed ~n the ata*s
andCounty aforesaid to take a;,'~snowled~~~ueuts, perso •~r
31y ~ppeared ~~,~,e~,~,
~reZl knor+n to me ~o be the Ps~r,i~e~rt awd ~ W Nc ~ respectivcly of _
, ~ corporatioa,
ar?d that they severally acknosr' edged exec~iti.nq the s~~ ±he ~re6ence of trra
subscribing wit~esses freely and vo~untarily ~~~r ~ut~ority duly v~~ted in them ~y
sai~ corporatiaa and that the s~al affixe3 thereto is thQ true corporat~ seal of aaid
corgoration.
wI`1~i:SS my hand and of f ic ial seal in ~~e Cn~.~at~ and State Iast atare~aid
thiis ~,d.~'-da~ ~`f ~~'y~sG~ ; ~:P. 1~ j~z , ~ - , - , . ~
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