The URL can be used to link to this page

Home My WebLink About0781 ~d~~ ^1~~~ D~~WlRT . VER?fbEO~ ,1~~ 11 8 ~6 AM't8 - 3:3U418 ahaU have the option to receive and appty tAe same on account of the indebtedness secured hereby or to permit s~id Mortgagor to receive and uee it a any p~rt thereot for other purpo~es without tbereby w~iving or unpairing ~ny equity, lien o~ righc under or by virtue of thi~ mortg~ge; and in the event ~aid Mortgagor shaU tor any re~eon fail W keep the eaid premises eo inaured, or tail to detiver promptly any ot eaid policiee of inauraaoe to a~id Mortg~gee, or tail pwmptly to p~y fuUy any premium therefor, or in any reepect l~il to perform, discharge, e:cute, eftect, complete, comply ~vith end ab;de by thia rnvenant, or em~ part hereot, aaid Mortgagee may pla~e and psy for auch inaurence or sny part thereof without ~raiving ot ~ttecting any opcion, tien. equity or right ut?der or by virtiie of this mortg~g~e, and t6e tutt smaunt ot each and every euch pa,yment shall be immed'utdy due aad p~yabk and alull bear intereet from lhe date thereot until p~id at the rate ot tan per centom per annum aad together ~rith such intereet ahall be eecured by the lien of this mortg~ge. 4. To permii, commit or aufier no aastc, impeirment or deteriorstioa ot uid property or apy part thereot. S. To pay all and aingular the coate, chargee and e:penyae, inctuding reasonebb lswyer's tees and cost oi abatrecte ot title, iacurred or psid at• any time by sai~ Mortgag~ae becau~e end/or in the eveat of the feiture on the • part of the uid Mortgagor'to duly, promptly and fully perform, discherge, e:ecute, eHect, oompl~e, comply with and abida by each and every the etipulations, a~eemeets, conditione snd covenant~ ot eaid promissory note, e~c~d thi~ mortgage, any or either, and aaid cosis, chargen snd e=pcn~, each and every, eha11 be immediate(y due and psyebk, whether or not there be notice, demand. ettempt to collect or auit pending; snd the ~uU ~mount of each and every ~uch paymeat aha0 bear intere+t fwm the dete thereof until pairi at the rate of ten per ceatum per annum; snd sU aaid costa, char~ tnd e:pense~ ~o incurred or p~id, together with such intereet, ahaU be eetured bv the lien of this mortgage. ~ 6. That 1~1 in the event of any bre~ch of thi~ mortg~ge or def~ult on the part of tAe Mortgigor, or Ibl in the • event •ny of s~id ~ume of money herein Mterred to be aot promptly and fully paid within ten days ne:t ~tter tl~e aame severaUy become due and payabk,- aithout demand or notice. or fci in the event each and every the stipolationa, ~ . a(sreemente. conditions and covenaats of aaid promi~eory note and thie awrtgag~e, any or eitl~. aro ~t duly. f promptly and fully performed. diecharged. r~ecuted. effected. completed. eomplied with and sbided by. then, in dtber ~ or any such event, the said aggregau sum [71EA~IQAld in said proraiseory note then remaining unpaid, with int~ereat ! aarued. ~ad ell moneys secured hereby, ~hatl become due and payabk fortbwith, or Lhere~fter, at the option of aaid ` l~tortgagee, as fully and completely aa it all of the said auma of nome}• were originally ~tipulated to be paid on ~uch dsy, anything in eaid promieeory note, and or in this mortgage to the contrary notwithetanding: and thereupon or thereafter et the option of aaid Mortgegee, without notice or damand, auit at law or in equity, theretofore, or thereaher begun, may be prosecuted aa if all money~ ~ecured hereby had matured prior to ita institution. E - 7. Th~t in the event tAat at the beginning of or at eny time pending any suit upon tAie mortgag~e, or to forbclo~e ~ it, or to reform it. ~nd/or Lo enforce payment of any claims hereundtr, ~aid M~rtgages ehall apply to the court ~ luving jurisdiction thereoi for the ~ppo;ntment of • Receiver, ~ucA court sMtl torth~vith ~ppoint a Receiver o{ aaid mortgaged property aU and singular, including all end singular the rents income profit~, isaues and r,eveaues from ~ whatever sourct derived, e~ch snd every of which, it being e:praesly under~cooc! ia heraby rnottgaged aa if ~ specifically xt fort6 ~nd described in the p~ranting aad habendum clsu~es hereof, and such Receiver ehall have ° all the broad and effective fuactione end powrers in enywiee entrueted by a court to a Receiver, and auch appointment ~ shall be made by auch court ae an admitted equity snd a mattet ot ab~olute : iRt~t to said Mortgegee, and rvithout ~ reference to the adequacy or inadequacy of the valut of the property mortRaRed or w the eolventy or ineolvency of ~id Mortgaqor andlor of the defendants, and that ~uch rents, profit~. income. iasue~ and revenuee ehall be applied ~ by sucA Receiver according to the lein endior equity of ~aid Moctgagee and the practica of euch ooart. ~ 8. It is understood and agreed tbat thie mortgage ia giv~ to eecure, in addition to the note or obligation ~ shove described eny additional loans or luture sdvances made within twenty years from date hereof by the mortgagee ~ to eaid mortgagors or any succeaear ia title of said mortgagors ot the property hereby conveyed: provided th~t the ~ totat unpaid balance of the indehtedneaa ~ecund hereby a: any one iime shai! r~ot ezceed the ma:imum princspa! emounc ot SEVEM THOUSAND FOUR F~UNDRED SI XTY THREE ~ (7,463.00) nou.~ li 1. plue intereet thereon and ~ny disbursementa mede by the mortgagee fa the psyment ot uze~, leries or inauran~ ~ on the property encumbered hereby. ~rith int~ent on anch disbureements. ~ ~ IN WITNESS WHEREOF, the aaid Mori~gor h~e e:ecuted thie mortgage under eeal on the day snd year herein : ; fv~t above written. i ` Signed, sesled and delivered in tbe preaence ot: ~f/ ~ l/ ~ ,Gs~~(/ t _ " ~-a (SEAL? ~ V~ nt R. e ano ` i8EAL1 Claire L. DeStefano _ STATE OF ~'J(~~~~ ~~achusetts courrr~r oF~k~~ Barnstable Before me per~onally appeared Vincent R. DeStefano and Claire L. DeStefano, his wi~e of~ 48 Faywood Ave., East Boston, MA. Q2128 to me well knowa and lmawn co me to be the individual.S desQibed in ~nd wf~o e:ecuted the torego6ig insttument, ' snd eclcnowledged beforo me thatt...hs.,~l e:ecuted the s~me tor the piuposee thereia azprsssed. ' wrrxESS ~y h.na .na o~ c~ a. D a,y ot N o V IENB c ~Q is ~ 7 ~ ~~t R . g~,~ Not~ry Public in and tor ~ the Connty and State Atoresaid.' BQQx~vo ~A~[ 7~ MY commission e:pires: MAR~,I 1 ~ / 9 e ~ :