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HomeMy WebLinkAbout0088 ftLE~ AMO pfCuNOE~ lT.l11CIE COUN~Ir Fti ROCER PO~TRAS c: ~?K icuit CC ~ r . . • ~ r~rr, . ~ Ma° l 9 5~ AH'1Q 395lg~i ~ - shaU have the option W receive aad apply the aame on acoount of tbe indebtedness seeured Aereby or to pe~mit said Mortgagor to recave aad use it or any part thereot tor other purposss writlwut thereby wniv~iag or impairing any equity. Ilea or right under ~r by virtue ot this mortgags; aad in the event said Mottgagor slull tor ~ny rs~son fail to keep the aaid premises ~o insured. or tail to deliver p~omptly any of sajd policiss ot inwranos to said Mortgages. or tail P~PUY ~ WY fully any premium theretor. or in aay reapect tail to per[orm, disclurgs. escute. eNect, compbta, rnmply ~vith and abide by this eoveaant, or any part hereof, said Mortg~gee may plaas and ~ pay for ~ucA iasurance or say part thereof writhout waiving ar affecting any option, lien, equity or right under ar by ~ virtue of this mortgage, and t6e full amount of each and every auch psyrc~ent ahall be immediately due ~nd payable and shaU beu interest from the dats thereof unW psid at tAe rate of ten per oentum per annnm apd together with such iuterest ahaU be aecured by t6e liea ot this awrtgage. To pernut. commit or eufter no waete. impeira~eat or deteriontion of said PropertY or any p~e~t tl~ereot. ~ 5. To pay all and eingu4r the ooste. cbarges and ~peneee. iactuding rea~oaabk lawyer's fees ~nd aost of abstracts ot title„ incurred or paid at any tiase by aaid Mortgagee becauee andlor in the eveat of ihe faiiure on t6e part ot the aid Mortgagor to duly. promptly and fuUy perform. dixharge. ezecate. eftect. complete, eompty wiW and abide by esch and every tAe atipulations, agreements, conditioaa at?d covenanta of said promiesory note, ud this mort8age. any or eitt~er. and aaid coeta. eharges and ezpenses. each and every. ahall be unmediatdy due and payable, w6ether or not th~a be notice, demand, etteonpt to rnllect or suit pending: and the full adwunt of eac6 and every such payment ahaU bear intereat trom the date thereof until psid at the rate ot ten per centum pa annum: and all said coets. charges and ezpen~es ao incurred or paid, togeth~r with auch interest. alull be eecured by the tien of this mortgage. 6. That la) in the event of any bre~ch ot thi~ mortgage or def~ult on the p~art ot the Mortgrigor, or (b? in tbe • event any ot eaid suma ot money hecein referred to be not promptly and fuUy psid ~rithin ten daye c~t after t6e same severally become due and p~y~ble, witbout demand or notice, or !ci in the eveut each and every the etipulatione, agreemeats. conditiooa and wvensnts of said promiaaory ewte and this mortgag~e, any or either. are not duty. P~IDP~Y ~~Y P~o~~. dixhu6ed. ezecuted, eHected. oompleted. oomplied with end abided by. then. ia eitber or eny snch even~ the ~aid aggregate sum mentioned in aaid promiasory note t~ remaining unpaid, wit6 int~eat accroed. and all moneys secured 6ereby, ahall beoome due and psyabk forthw~it6, or thereafter, at tbe optioa ot said Moctgagee, ae fnlly and completely ae if all of the said auma of nomey .vere originally stipulsted to be paid on auch day. anything in eaid Promiaeo*Y note. a~ or in t6ie mortgsg~e to the oontrary notwithatandic~ and thereupon or thereafter at tl~e optioa of aaid Mortgagee, without notice or demand, suit at law ~ in equity. theretofore, or t6ereafter begun, may be proexuted as if all moneya secured bereby had matured prior W its ItlDtltUtiOD. 7_ 'Ibat in tbe event that at the beginning of or at any time pending any auit npon this mortgage, or to foreCiose it, or to ntorm it, and/or to enforoa payment of any claims hereunder, aaid Mortgages aball apply to the oourt hsving jwisdiction thereot for t.he appointment of a Receiver, auch owirt shall fathwith appoint a Reoeiver of aaid ~8~8~ ProP~Y all and singular. inclnding al1 and singnlar the rents income pro6ta. iaauea end rev~ues trom . whatever eonroe derived, erch and every ot whic6, it being e:preanly understood 'u hereby mortgaged as ii I epecifically eet torth snd described in the granting and habendum clauses hermf. and such Reeeiver ahall hsve f a11 the broad and eHective [unctions and poaers in anywise eatruated by a court to a Receiver. and sucl? appointmeat 'I al~all be made by auch court ae an admitted equity aed a mstter ot abaotute right to said Mortgag~ee, and without reference to the adeqwcy or inadeqwcy of the vatue ot the propeity awrtgaged or to the solvmcy or ineolvency ot said Mortgagor and/or of the defendanta, and that auc6 rents, pmfita, inoome, issues and revennes shall be app~ied by snch Receiv~ acoording to the lein andlor equity of ~aid Mortgagee aad the practice of s~ch oourt. 8. It ie underatood and agreed that this mortgage is given w secure, in eddition W the note or obligation above described any additional loans or future advances made ~vithin tweaty yeers from date bereof by the mortgagee to aaid mortgag~ or any ~cceasor ia title of aaid mort.gagors ot t6e property henby conveqed: provided that the totd unpaid balance of the indebtsdness secured 6ereby at eny one time shall not e:oeed the maumum principel ~~c~f TWENTY ONE THOUSAND ONE HUNDRED FIVE ~1,105.00) nou~ l= 1. plus interest t6ereon and aey diebarsements made by the mortgagee for t payment of ta:ea, levies or ina~rance on the property encumbered hereby, ~rith intereat on euc6 di~bursementa. IN WITNE3S WHEREOF, the said Mortgagor hs~ e:ecuted this mortgage under seel on the day and yeer 6erein fir~t above written. Sigoed, seeled and delivered in the preser~ce of: ~ d 1"1 7 d d ~sE~'~ ~ . (3EAI.) _ srn~ oF~X~N( Masy~achusetts . COUNTY OF 3T. LUCIE _ , . Before me pereonally .~rea Patricia A. Lal lv of 496 Harvard St. , Brookline, Ma Q214~ - . _ . to me well Icnown and known to me to be tbe individuaL.. desQibed 'w and wbo ~ecuted the fongoin~ ius~y~pt, - f ' and acknowledged before me that,S.de.... ezecuted the ame far the p~posea therein ezpressed. WITNES3 my hand and official see! this .~a ND day of ~PT~/LI~IQ . 18 . -~.~la.~ ~ Q Nowy Pnblk ia and for tf 0~~' ~ the County and State Aforesaid. ' ' - My oommiesion ezp;re~: ~ ~!9~c~ ~ g, ~9g o . _ - - - - - - - w ~,___G . _ - .