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HomeMy WebLinkAbout0026 ~ . . 4~~1 ~ ~9~s ~-s ~ s~ 4a ~~~E~C~ R ~a ~ ~t cu~c a ~~9,• RECORO ~'ER~FlE4_-~? ~I! baw tM optbn to receive and ~pply the eame on acoount of tAs indebtedns~ sscured hereby or to pecmit ajd Matga~or W receivs ~nd ws it or aay put theroot tor other purpose~ wit,Aout tMnby watvia` ar i~npaicina any pnity. li~n or riaht und~ or by virtue of thi~ mortg~gs: aad in tha event safd Mortgrgor sha11 tor ~ny reuoa yu to k~ep the s~id premisss so insured, or t~il to deliver prornptly any ot aitd policiss oi ia~ur~nos to ~aid Mw~t~ages, or tail penmM~r ~ wY ~Y s~Y r~um cl~etor. or in any respscc t.il w par[crm. dischargs. e~eute, eHect, complete, comply with and sbida by this covenant, or any pert hereoi, said Mortgages may plaos and p~y tor euch inaunnoe or ~ny part thereot without wraiving or aHectinR any option, lien, equity or rigfit under ar by virt~e ot tQis mortgaae. ~pd tbs tull amount of e~ch and ev~y such p~yrnent shall be immediately dus and p~yabk aad sluU peu ~ntere~t irom the date t~?eroof untU paid at the r~te of ten per centum psr annum and LagetAer with aneb interest shaU bs securod by tbe lien ot this rewrtgage. To per~t. commit o~ suHer no waste, impaironent or deterioretan of aaid property or any part th~reot. b. To pay ~U and singular the costs. cl~arRes and e:pensss, including re~eon~bk la~ryer's fee~ and ooat of ~bst~acc~ ot titk. uxurred or p~id at• any time by said Mortgagee becauee sndlor in the event ot the tailuro on the part ot the eaid Matgagor to duly. P~~P~4 ~ h~Uy pertor~n. disclurge. e:ecute. eHeet. compiste. oanply witb aad abide by each at~d every the stipul~tbas, agresments, oondicio~~ and cavanant~ ot said promiaory note, ~nd chis mortgsge. any or either. ar~d sald eoste. charges aad e:penses. each and every. ehaU be im~nediat.ely due and paY~bk. whether or ~wt there be notioe. demand. ~ttempt to eolbct or auit pendinq: and tAe tull ~tnouat ot e~cA ~ and every sueh p~ymeat shaU beu interost kom the date thereof until pa'wl ~t the rate ot t~m per oaitum per annum: and all uid costs. eharges and espenses so lneurred or paid. togethsr wit~ ~uch interest. sh~ll bs ~scured by tl~e tiea of this mortga~s. 6. Tlut la) in t6e event ot my bre~ch of this mortgags or dsf~ult on ths part of the Mort~~, or Ibl in tbe - eve~t any o! eaid wms oi mooey herein raferred to be ~t promptly and fuity p~id withia tee d~y~ ne:t atter the sams severally beoome due aad p~yadk. witlw~t dem~ad or ootice. or Icl in the event each and every the stipul~tions. a~eemsot~. oondition~ uid oownants ot a~id pmmissory note ~nd ttis mortgy~a, any or either. aro not duty. promptly and inlly performed, disclwged, esecuted, efie~ted, completed, comptied with and abided by, tben. in dther or any sucl~ event, the s~id aggrcq~te sum meationed in naid promiseory nok then remaining unpaid. with interest aecrued, aad dl mw~eys secured hereby, ahall become due aad p~yabk tortbwith, or th~tter, at the optian ot said Mortgagee. as fully and oompletely as if aU of ths said sums of aomey were originally stipulated to be paid on ~cl~ day. an~rtAing in said pwmiswry note. and or in t!?is mortgage to the eontrary notwithstsnding, and theraupon or there~fter ~t t6e option ot said Mortgagee. withoat notice or damand, suit at I~w or in equity. theretofore, o~ th~fter begun, may be pto~ecuted ~e if dl moneys escured h~eby had matured prlor to its instiWtbn_ 7. Tt~at in the eveat tlut ~t the beginning of or at aay time pending any suit upon this mortgsge. or to toreclok it. or to re(orm it, and/or W enforce payment of ~ny cW~ru hereunder. eaid Mortgagee ehall apply to ths caut h~ving jurisdictioo thereof tor tl~e appointment ot a Receiv~. ~ueh court shall tathwits appoint a Ree~var of said nwrt~ged property ~U and aingular. including aU ~nd singular thc r~te income proCte, ieeuea and revenues trom whetever source derived. e~ch end every . of which, it being e:pressly underewod is heroby mortgaged ~s it specifically set torth ~nd described in the grantinq and habendum clause~ F.ereof, end such Receiver shall have n al) the brwd and effective tunctione snd powprs in anyw~ise entru~ted by • court tc? a Receiver, and such appointment j ehsll be made by euch court as sn admitted equity and a matter ot ~bsolutc rigl~t to asid Mortgagee, and writhout `s reference to the adeqwey or inadequac~ of the vdue ot the properiy mortqaRed er to the eolvency or ineolvency M of aaid Mortgag~or andlor ot the defendente, and that such rents, pm~ita, inoome, iaruea and revenu~ shall be ~pplied by sncL Receiver acootding to tl~e lein ~ndlor equity ot aaid Mortg~gee end the pr~ctice ot such aourt. ~ ~ 8. It is understood and ~greed tlt~t this mortg~gs is gfven to sscurs. in addition to the rwte or obligacion ~ ~bove describ~d any ~ddltboal lo~ns or tuture. ~dv~ness m~de withtu twenty ye~rs irom date hereot by the moetgagee to said mortsa~o~~ or any svocessor in titM ot ~aid mortgag~ors ot the propertr hereby conveysd; providsd th~t the total unpaid balance of the indebtedness eecured hereby ~t eny one time shall not e:ceed the m~zimum princip~! amount ot ~~~~•~~p ~ (7 ~ 300. 00) ~11~ tf 1. ptus inte~t t an any disMvsements m~de by the moriqagee tor the p~yment ot t~:es, kvies or ineuranoe on tAe prnperty en~~mbered he~eby. ~rith iatercat on euch disbursemence. _ ~ iN WITNESS WHEREOF, the said Mortgsgor h~e ezecuted thia mortqsge under seal on the day and ye~r herein ~ 5rst above written. ~ - ~ ~ Sigoed. ~led and delivered in the preeence of: J , -T .•~`y : R,3 - ' l ~ -ISEAI~ t..a:- s.;~_ . ~ . : ~ ' 13~71I.) , s ~ srw~t~e oF ~mae~ut Ma~sachuaetts ~ s ~ oovx~t~r oF a~t~oa~ Barnatable ~ . ~ ~ , - ~ B~to~ ~~son.uy ep~.~ John F. Collins of 31.2 Main Street , ~ Harwichport, Massachusetts 02546 ~ to me well kaown and lmo~wn w ms to be the individual... described in ~nd w6o ~eeuted the foreg~oiag inatrua~ent, ~ad ~elmow{sdged b~fon dos tbat ....6a.... e:eeuted the s~me for the p~vposes therein e~resssd. wi~ss mr e.na .oa orn~.~ .e.~ cn;. 15th d,y oi December 19 78 ~ ~ Q. P~ ~ b~QK 3~ ~~~E Notary Wblic in and for ' the Conaty and State Atwbsaid. ~ . . My 3 ~2 i3~~ c - _ _ . _ _ _ . . - . ~