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Home My WebLink About0458 , ~ - ~ it A ,~S ' CI~RK ~{P.CWt ~QUR' . . • -~t •r: ni~~f(1 FE~ za 8 aN •~s . 39~iS0 shaU have the optian to recei~~e and apply the samc on account of tho indeblednea~ aecured hereby or to permit ~aid Mortgago~ to recei~e and use il or any part thereot tor other purposea writhout thereby waiviag or impairing any.equity, lien or righi under or by virtue ot this mortgaRe: and in the event said Mortgagor shaU tor any reason fail to keep the said premises so insured, or tail to deliver promptly any of said policies ot insur~nce W eaid Mortgagee, or teil promptly to pay fully eny premium theretor, or in any respect fail to perfo~m, diecharge, e:cute, effect, complete, comply with and sbide by thi~ covenant, or any part hereof, aaid Mortgagee may plaas tad p~y tot auch insurance or any pari thereot without w~aivinR or at(ec~ing any option, lien, equity or right uitder or by virtua of this mortgage, and the fuU amount of each and every such pavment shaU be immediately due and p~yable snd shaU bear interest from the date thereot until paid at the rate of ten per centum per annum and together with auch intereat aheU be ~ecured by the lien ot this mortgage. 1. To permit, commit or auffer no waste, impairment or deterioratios ot said property or sny part thereot. 5. To pay aU and sinRular the costa, charges and expense~. including reaaonabk Ia~ryer'e teee and cost of abstracta of title, incurred er paid at any time by said 1liartgagee because and,'or in the event of the tsilure on the part ot the said Mortgagor to duly, promptly and fuUy perform, discharqe, e:ecute, eftect, complete, eomply with and ebide by each and every the stipulations, aRreements, coreditions an~ covenent~ ot said promiaeo~y note, and thi~ mortgage. eny or either, and said costs, char~ and eapenxs, eacA and every, ahall be immediat~ely due and peyabk, whether or not there be notice, demand, attempt to collect or suit pendiag; and the fuU amount of each aad every such psyment shall be~ar internst from the date thereof untii paid at the rate ot ten pe~ centum per annum: and aU said costs. cherge~ and e:penses so incuned or paid, toRether with such internst, shall be secured by the Gen ot thi~ mort~ge. , 6. That Isl in the event of any brearh of this mortgage or defeult on the part of the Mortgagor, or (b) in the • eveat any of said suma ot money herein referred to be not promptly and fuUy paid witAin teo days t~t ette~ the ~ame aeveraUy become due and peyable, without demand or notice, or Icl in the ea~ent each and every the stipul~tions, agreement~, conditions snd covenant+ ot said promissory note and this moKga~e, any or either, ue twt dtily, prompdy and fully performed, discharged, e~ecuted, eftected, completed, rnmplied ~ritA end abided by, tben, in eithar or any auch event, tAe said aggregate sum mentioned in said promissory note then remeining unpaid with intetest acaued. ~ed all moneya secured hereby, shaU become due and payeble forthw+ith, or thereafter, at the option of aaid Mortgagee, as fully and completely as it all of the said aum~ of nomec were originaUy ~tipulsted W be paid on st~cA day, anything in said promissory note, and or in this mortqaRe to the contrary not~rithsLanding. and thenwpon or thereafter at the option of said blortgagee, without nocice or damand, suit at la~r or in equity, thereWfore, or thereafter begun, may be prosecuted as if aq mone~ s secured hereby had matured prior to ita inalitution. That in the event that at the beginninq of or at any time pendinq any suit upon this mortqage, or to foreeloae it, or to reform it, and'or to enforce payment ot any daims hereunder. said Mortgage~ shall apply W the oourt hsving jnrisdiction thereof tor the appointment ot a Recei~•er, such rnurt shnll torthwith appoint a Receiver of aaid mortgagea property aii anu smguiar, inciuding aii enn singuiar [i~e ren[s income proi~ts, issues ana reveauea irom . whetev~ aource derived. eech and every of w~hich, it being e:pressly understood is hereby mortgaged as if ' apecifically aet forth and de~cribed in the qranting end habendum clause~ ' r~f, and such Receiver ahall tuve f all the broad and ef[ective functions and powers in anpwiee entrusted~ by a co:;;t t~~ a Receiver, and auch eppointment E ahall be made by such court as an admitted equit~ and a matter of absolut :g~~. W said Mnrtgagee, aed without f reference to the adequacy or inadequacy of the value ot the pmpertv roortQaQed or W the solvency or insdvency ~ of said Mortgagor and/or of the detendants. end that such rents, profits, income, issues and revenues ahsU be applied ~ by anch Receiver according to the lein and.'or equity of said Mortgagee and the practice of such oourt. i ~ ' 8_ It i~ understood and agreed that this mortgage is given to secure, in additan to the note or obligation above dexribed any additional loens or future advancee made ~vithin twenty years from date hereof by the mortgagee to aaid mortgagor~ or •ny successor in title of said mortgagoro of the ~roper~y hereby rnnveyed: provided that the ~ total unpaid balance of the indebtedness secured hereb e: any one time shall not ezceed the mazimum principal amount oi TEN THOUSAND THREE HUNDRE~D (10,300.00~ Douara If 1, plus interest thP.eon and any disbursements made b~ the mortgagee for the peyTnent of tazes, levies or insurance on the property encumbered hereby. with interest on surh disbursements. IN WITNE WHEREOF, the said biortgagor has e:eruled this mortgage under seal on the dey and year herein first above wri n. Sign eliver i of: - ISEAL) - U15 r. e ~ • " ~ ISEAL) ~ aye . i~uyen sra~ oF lt1~0E aQOIK ihi c~i gan ~ couN~rr oF s1~X~CXO~ Keni, K ~ • Be~ore a~e personally eppeared LO7 S M. Bel l and Fa,ve C NuTen ~ of 132b3 S. 5tn Street; Scho~lcr~af~~ Mi 4g(lR7 ~ : Oo me well known •ad knmm to tqe to be the individusl.S de.~aibed in and ~vho ezecuted t6e toregoing inetrumen~ a~ atknowkdged before me that . Zhe.}~ ezecuted the same for the purpo~ea therein ezpreseed- ~ ~ -16th January 78 _ N I T N E 3$- n~ y h a n d a n d o f fi c i a l s e a l t h i s d a y o f 1 9 ~ y. ' -i~ t. , l~ ~~~Q ~ Notary Public in and for ~ , the Conety and 3tate Aforesaid. ~ } CAN CrtARLES My oommiaaion ~pirer g~~K 2~f.r ~'~iGE Nofary.P~b;ic, Kent Counhr. M~, ~ btr Commission Eap;res Sept. I6 ~ DAfl CflARLES ~ , 19,,,, . Nc?ary Publit, Keni Ca~,nty, f~.;=, . ~ . ~ - - - - ~ - ~ ~ .s.~-s a:.'~°:;, ~ - ~ ~ .