The URL can be used to link to this page

Home My WebLink About0856 • ' • A. ..-_r'~T~T ~ =,F' t' ~.-G ~,i ~~3 ~ tOR ~tY1T C0~ ~ ' `T NTARY 51AM?'r~ i "?1E9 U+~~UME ~ - UF i~T ~f'kEVENUE ~ 8 5 i ~PA S~ f I7 _ ~ `r = _ .r?lyl'lJ ` ,~~'.~r ~ Z. w P. • ' ~ 364384 in - ~ti~~t . J shaU have the option to roc~ive and app~y the wms on aaouat ot tbs tudsbtednwa ~ecured hereDy or w pa~anit aaid Mo~tga~w to receive and uss it or any put thsreot for otMr purposM ~ritlwu! tl~sby waivina or iatpairina any equity, tien or right under or by virtus ot thL mortgagr, aad jn tM event ~aid Mort~aor ahap fo~ aay re~ion tail to keep the ~aid promises eo insured. or t~il W deliver pnomptly aay of a~Id poticis~ 01 fawnna to nid Mort~gee, o~ fail promptly ta pay iully a~y premium thetetor. ot in any rsrpset tail W pe~iortn. disdurgR e:cuta, etteet, complete. comply ~rith aad a~ide by this covenant~ or sny part b~eoi. said INortgagee m~y pl~a ud p~Y tor such in~urance or any part the~+eoi w~itl~out w~ving or ~Heetina any optjo0. tiea, squity o~ ~t under ct by virtue oi tl~i~ mortgage. and t6e fuU amount of e~ch ~nd ~every sud~ p~yment sh~U be itamedi~tely dw ~nd p~yable and shell_ bear interest trom tl?e date theeeof until pdd at tM nte of ten per centum per an~um and toRether wriW such tnterest ahall be secured by ths lien ot thie mortgags. ± To permit. commit or sutfe? no waste, ianp~ira~eot or det~erioniioo ot said pmperty or ~ny part ttfe~eot. 5. To psy all aad aingulu the costs, charges and ~psnses, including ceasonabls I~wyer's fees and oost of abstracte ot titk, incurred or paid at any time by said Mortgages because sadlor in the event of the fa~ura on the part ot the aaid Martgagor to duly. promptly and fuUy per[orm. di~c6arge. ~ecute, eHeet. tomplete, oanpty with aed abide by eech and eve~y the sttpulations, a~eeme+its, oonditiom ud covetunts ot ~aid promiasory note, and t!?is mortgage. any or dtber. and eaid casts. charge~ and e:psa~ss, e~ch and every. s!?all ba immedistdy dus and WYabk. ~rhether w not there be notioe. demand. attempt to colieet or suit pending; aod the tull amount o[ e~cA and every auch paymeat 5I1aU I~iT intsrest irocn tbe date thereot unW p~id at the rate of ten per oentuar per annum: and all said oosts. chugea and eipenses so it~cucred or paid, together with sucb intarosL. sl~all be secured by the lien ot thia mortgage. 6. That !al in the event o1 any bre~ch of tl~is nw~tgage or detault oe the part ot ths Mottgagor, or (bt in tbs • event any ot aaid auma ot money here~ ~eferred to be not pmmptly ~nd tult~t paid wit6in ta~ days t~t atter tbe same severally become due and p~yabk. wit6oat demand or ootice. or Icl in t6e event bc6 ~nd eve~y the stipu4ti~ons. agreetnents. eonditiona and covenants oi a~id proowsory note ~nd t~s mortg~ge. any ar either. ~rs not duiy. promptiy and tulty pertormed. discharged. ezecuted. eNected. campleted. oomptied with ~nd abide~ 6y. tbea. in ait6er or aay aacb event. tl~e sa~ ~ggregate sum meataned in said promissocy trote then ~emaining unpaid, with interest ~ccrued, and aU moneys a~cured hereby. sLall beoome due and p~y~bb to~thwith. or theroafter, at the optfon of siid Mortg~gu. sa fully and compkteiy as it all ot tbe said sums ot aomey were originally stipulated to bs p~id on such day. anything in said promissay ~ote. aod a in this mortgage ta the oonuary notwithstanding ud thereupon or there~iter at tbe optan of etid Mortgages. ~rithout notica ot damand, suQt at law or in equity. theretofore. or thereafter begun. may be prosecnted ~s if all moneya seeured hereby had mattued prior to its ~ iastitution. . 7. That in the event tlut ~t t6e beginning ot or at any time pending~any suit upon this mortg~ge, or to taeefoee it, or to reform it, andtor to entoroe p~ymant ot aay claims hereundar. said Muetgages s6all apply W tbe conrt j Mving juriadictioa thec~eo[ tor the ~ppointment ot a Receiver. such oourt thall iortbwith appoint ~ Reosiver ot s~id i ~8~8~ P*oPK~Y aU and singulu. inch~ding al! and siagular t6e ~eats income proC?ts. issues :nd reveaues from whatever aource daived. each and svery of which. it being eipeeasty understood ie 6eeeby mortgaged as if apecif~caUy set torth wd dtecribed in the granting and bab~ndnm eLnses hereot. aod such Receiver shall dave I . all the broad and eitective tunetion~ and powere in anywise eatnssted by a court to a Receiver, and such appointment s6aU be made by such court as an admitted equity ~nd a matter ot ~bsdute right to s~id Moctgagee, and writlwut reference to the adequac~ or inadequacy ot the value ot the property mortgaged or to tLe wivency or insda~ncy ot said Moctga~ and!oc of tFse defendanu. and t6at ~uch ronts. pro6ts. income, issues ~ad rev~~es sball be applied by auc6 AecEiver acoording to the kin and/or equity ot aaid Martgagee and the prattioe of sucb oonrt. ~ 8_ It ie uaderstood and sgteed that this mortgrge is givea to eecure. in addition to the note ar obtigation j above dexribed any additan~l loana or tuture advatsces made within twenty ye~rs from d~te hereof by the mortgagee ; to esid mortgagors or any sacceseor io title of said nwrtgagoro ot the property bereby oonveyed: provided that the ~ total unp~id balanee ot the indebtedne~+ secured hereby ~t any ooe time shall not eseeed the ma~mum principa! f amount ot ~ p~p~y gI~; (1 ~ 845. 00) Dollars i 1! 1. plu~ interest tho?eoe and any disbureemeats made by the mortgagee tor the p~yment of tues, kvies or insurance 'i on the propaty encumbered hereby, with interest on auc6 dLbursements. I - - l IN WITNESS WHERF.OF, the said Mortgagor has e:ecuted ihis mortg~ge under eeal on the day nad year Aerein ~l fu~t above written. ` ~ Si~d, se~led and delive~ed in the prexnce of: ~ ~ - ( ~ ~ /~J[ /L ~V ISEAL) ' Flor' I ' ISEALI ! • t~ ~ ~ A N i Glbria G. ria _ 3TATE OF ~ ~ : COUNTY O~,!~~~ K J~. ro ~ , $Q~ti-tat pe~eonally ~ppeared ~ C•1l ~ ~`t ~6 L( !L~ . • , his wife of 772 Willow St., Southampton, . 18966 to me weU known •nd Icnown to me to be the individuaL.Sde~cribed in and wM e:ecuted the foregoing instrument. and scknowkdged betore me th~t ~.hd~T.. e:ecuted the wme tor the p~wses therei ezp~sed. WITNESS my fiand end official seal this day ot u 19 ~ • ~ ~ ~cc~ /1 r~L~-r ~1~~ . Notary Publk in and tor :d/ . . . 'J the County and State Ator~said. ~~vV i~~ s~lo• f0 My aommisdon e:pires: . . _ • . . ~ _,~~.,~y -