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MORTGAtiE OEED ~~1~ A~oo ~~ces et~
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~ut hr~rby Krants, baraains, xauKnx, arwi cunv~ya unto Mc•rtgagrr, thr fulbwirqt Jrs~:~ibrd aal estatc in thr (bunty of
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ADJACBi~t 0~lt T86 M69r~ 5~66 PAR1C 3UBDIIIRSIOS~ A3 R'6C~E~D Ill
~ PLA? 800~ 8 PA63 74 , 0~ T86 POBtSC I~9COAA4 Q' 3'! IACIE COUIR?, _
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Pu?susm TO ChaP~ 71.134. Aoes Of 1~71.
RO~iER POITRAS
C~rr CKeuit Cot~~ SL L~Ci~. Go.. PN.
i~.~:~tlxr with all bu~Wing. and ~mprorrmenp nuw ut hercaftrr rr~ctrd therron and all c~nYns, shades, storm sash and blinds, arni heatirg. lishUna. plumbin6.
ckrtri., rentilaung. refrqtrraUn~e and air~ond~tionin~ eyu~pmrnt usrd in ~~onnection thercw~th, all of which. for lhe purpose of this mortgaae, shall be
~i~cmed fi~tures ~nd wb~crt lo thc lien hereul. and thr hrrcditamrnts anJ appurteun~-e~ perta~mn~ to the property above described, all of which is refemed to
h~rcinaftcr as tlk "prrm~ai'. _
' f(1 HAYE. AtiU f0 HOLD said IanJ ami pnm~~e~_ with ~U the rqthtc, pmikgec rnd appurtenancrs therrto belongirtg. unto mort~ee and his hein, ezecuton.
! sdmmistntutc. wC~~rswrs and asvgns. forerer.
~ ~f~~rtgagut alw as~m to Mortgal[rc aU nntc_ iswrs and profits of said premisrs. 4~eserving the rght to colkrt and use the same, with or without lakins
~ p~~.xsswn uf the prrm~ses. during cont~nuan~r of Jelault herrundrr, and durinE continumce of wcfi default authorizinE Mortga6et_ to enter upon said prcmises
.~nd;or collect and rnfon-r thr samr without rr~wd to xirquacy uf any st~vnty for the indebtedness hereby secured by any lawful mrans includin6
E eppotntmtnt of a-e~river in the name of any party hrrcto, and to apply lhe same kss ~rosts and e~penses of operation and colkction, inrludin~t reasonabk
~ ~ttorne~~'s fe~s, upon_an~ indrbtrdnrs~ securcd hereby. in wch order u Mortga~[ee may determinr.
~ IOR THF PURrOSE OF SECURING: (t? Pedormance of each a~eement of Mort~or contained hecein; (2) Payment of the principal wm of
~ S 3~. , writh interat. as rovided in"aocordaneY with tt~e terms and provisions of a Promissory Note/Loan Agcement (hereinafter refemed to as
~ "Promissory Note") dated ~1~~ , maturity date , and payabk to Mortgagee, to which Promissory Note
reteran~x is hereby made: (3)The payment of any additanal sums and intercst thereon thst may be knt by Mortaagee to MortEaEor except that the maximum
pr~ncipal amount secured by the ~lortgase shall not ezoced f- ~2~~~ ;(4) The payment of any monzy that may be advancrd by the Mortgagee to
~lortgagor for any reason or to third parties w~hen tbe amounts are adranced to protect the security or in xcordance with the covenants of this Mort~te.
1tl payments m:de by Mortp~or on the obli~tion secured by this Mortga6e sfull be applicd in tha followrir~ order.
h FIRST_ To the paymrnt ot tuea and assessments that may be kvkd and asxs~ed a~inst said premises, inwnnce prcmiums. ~epairs, and all other chaqtes
~ and expenses asrood to be paid by the Mort~or.
~ SE:COND: To the payment of interest due on said ban.
~ THIRD: To the payment of principal.
~ 1O PRATE.(T THt. SECURITY HEREOF, MORTGAGOR COVI.IANTS ANI) AGRF:f.S: 1 t 1 To krep said prcmik~ mwnY1 a¢am.1 tirc •nd w.h u~hrr
:~,ua~tirs as Ihe MurtgaEee may spc~ify, up to the full value of aU improremrnts for the protertion of 1lortg~grr m w~h manncr. ~n wch rmounh. r~al m.u:h
~ :umpanies a~ Murtgagee may from time to time approve, and to kerp the policies thrrefor, properly cnclorsrd. on drEws~t w~th Nurt~tr. ~rn1 that lo..
~ pnxreds Iless erpenses of colkction) shaU. at Mortaagee's option, be applKd on uid indebtrdneu, whethrr due or not or to thr rc,toret~un of ~~d
~mprovementc. In ~went of bss MortgaEor rr~ill Eive immediate notioe by mail to the Nortgagrt who may makr proof of luti. ~f not ma~ir pwmptl~ by
s ~tortgagot, and vch inwnnce company ron~Yrned is hereby authottted and dirccted to make payment for iuch k». d~re.11~• tu Nortg~~err m~lrnl uf
; ~turtgagor. 12?Tu pay all ta~es and special assessments of any kind that have been or may be kvied m a~sessrd upon vxi prcm~.rs. ur aoy part thcrro( 1 i11n
< <hc ~vent uf dcfault by Mortgagor under Pua6nphs 1 or 2 a~ove. Mortga6ee, at its optan Iwlxther ekcting to dcrlue thr whok indrhtrJnr.. cr.urcd hrrcb~
,lur and colkctibk ur not?, may Ia1 efkct lhe uLwran~Y above providrd fur uKi pay the reasonabk prem~um~ and chargr. Ihrrefur. Ib? ps~ rll vW ta~r. and
; ~~x.~meM+ wuhout detrrminmg the valiJ~ty thereot, and Ic1 pay wch liens ~od all .urh d~cburxmrnts shall t+e dermed a part uf tFn mJrbtrdne~..r:urcd M~
hn ~lortga~ ~nd ,ha0 bc immedutely dur and payable by Nottaagor to Nortgager. 141 To keep the buildu?E+ and ottxr ~mprovrmrnt. nuw ur hrreaftrr
~ ~~.ted in g~wd condition and repa~r, not to comm~t or wtfer any wa+fe or any uer of wid preml.r. contnry to restn:tion ut rc:urd or .untnr~ to lew..
G d~nancr~ or regutaUons of proper publ~~ auihonly, anJ to permit ??turtga~e to entrr at all rra.un:~blr Umr. fot the pur~cnt of m.pr:ting tt~r premnr~. not
; rcmovr or drrtwli~h any build~ng thereon: Io compktr w~thin Om Hundrcd Eighty 118(1~ Dap. ur re.turc pwmptl} and ~n a gu~d and xorkm~n6kr m~nnrr
~ , building which may be con~tru.ted, damaged or dr+troyed Ihereon and to pa~•, when dur, all .Irim. for.latwr prrformrd and m~~enal furnnhrd thrrefor.
That thc Ume of paymrnt of the indebtedncss hcrrby srrured, or of any porhon thrrcuf, m~~ tx r~trndrd ur rrnrwrd and ~m purhun. of thr prrm~~r.
~ in descnbed may. w~ttwut rwtice, br rekased itom tM Iwn• tkaof, w~ttwut rrleae~ng ot affeclmg th. prrwn~l I~rhtlitq o( am prrwm or .urporrt~un for ttk
~ . mrnt of tiaid indebtednra vr thr lien of this ~nstrument upun the rema~ndrr of ,ad prcm~.r. fur the full amounl uf v~J uxtrht~tilnru tlun r~m~minR
~ !e~d, and no rh~n1Ce in thr uwncr+hip u( sa~d premixs shall rcka.c, tedurr or otherwi+r affr.t am wch Fxrw~nal lubibt~ un thr I~rn h.rrbp .rratrd. I61
~ '•et Fx xvrd uf thr pre~ in frr ~impk and hati good and I~afu) t~ht to ionrey Ihr wmr. :~nJ that hr d~. hcrrM forr~rr warrant anJ wdl furr~~er
~ Irnd thc Utlr and pus~cacu tttrrruf ~~ca~nst thc law~ful ch~m. of an~• a~~d aU pcr.ons whatwe~rr.
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