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HomeMy WebLinkAbout0792 45~'712 '3I9 JUt. I 0 A!i 2 , f~~ "Q A~~N r• R~ C04tt~tU sT~tOGERCPO TRA~A. CLERK CIRCUIT CQUR~~ RCCCRO VEQiF'EC-~y shall fuve the option to receive and epply the same on accouat o( the indebtednsss eecured hereDy or to pero~it said Mortgagor to receive and uee it or any part thereot tor other purposes witAout t6ereby waiving ot impairin8 aay equity, liea or rigdt under or by virtue ot thie mortg~ge: and in tAe event u~d Mortgagor shall tor ~ny e~son fall to keep ths s~id premisea so in~ured, or tail to deliver prompdy •ny ot aaid policie. ot jnauranoe to s~id Mortsages, o~ fail promptly to pay fuUy any premium there[or, or in eny respect fsil W perform, dischar~s, e:cute, etEeet, complete, comply with end ebide by this coven~nt, or any part hereof, said Mortgagee may pi~oe and p~y foz such insurance or any part thereof without wraiving or aHeccinq any option, lien, equity or right aader ar by virtue ot this mortgage, and t.hs tuU amount ot ~ch and every auch psyment shall be immediitely due and payable uid ehaU be~s interest trom the date thereof until paid at the rste ot ten per ceotum per annum and toget6er witA ~ch iutereat ~hall be secored by t6e lien ot this raortgage. 1. To permit, commit or aufier no .vaste, impairment or deterio~ation ot ~aid property or any part thereof. 5. To psy ell and ainqular the co~te, eharqe~ end eupenxs, includinq reaeonabk la~ryer'~ fees and oo~t of ~bstrecte ot title, incurred or paid at• eny time by said Moetgagee because endlor in the event ot Lhe tailure on the put of tha ~aid Mortgag~or to duly, p~romptly and tully per[orm, dixharge. execute, eNect, complete, comply with and abide by e~ch end every the stipuletions, ngreemente, conditione and oovensnt~ of eaid promiseory note, end this mortgage, any or either, end eaid cwt~, chargrs and e:pen~ea, each and every, ehatl be immedietetyr due end peyabk, whether or not there be notice, demsnd, attempt to collect or auit pending; ~nd the full snwunt of esch and every ~uch payrnent sheU beu intereat from che dete thereot unW paid at the nte of ten per centum per ~naum; and all ~aid coats..charges and e:pen~es ~o incurred or p~id, together with s~,ch interest, ahall be secured by the lien of thia mortgage. 6. That Ia1 in tAe event ot any bre~ch uf tRis mortgage or dehuit on the part of the Mortgagor, or ~b~ in tl~e • event any of aaid sum~ of money herein roferred to be not promptly and tully paid w~ithin ten days nert aftar the aame xverally become due and p~yabb, witbout demand or notiee, or Ic1 in tha event each and every the stipnlatione, a6reetnents, conditione and oovenante of eaid promiaaory note ~nd this mortgagr. any. or either. ~re not duly. promptly and fully performed, diecharged, ezecuted, effectad, compkted, complied ~rith and abided by, then, in either or any ~uch event, the asid sggregate sum mentioned in eaid promiasory note then remaining unpaid, with intere~t accrued, and aU money~ secuetid hereby, ~hall be~ome due and payabk forthw~ith, or thereafter, at the option of aaid Mortgagee, as tally and completely es if all of the aaid aums of nomey were originally ~tipulated to be paid on auch day, aaything in eaid prorai~eory note, and or in tbie mortgage to the contnry notwith~tanding, and thereupon or theresRer at the option of eaid Mortgagee, without aotice or damand, suit •t taw or m equity, theretofore, or thereatter begun. mey be prosecuted ~a if all monev~ aecured hereby had matured prior to ite inetitution. 7. T6at in the event that at the beginning of or at any time pending any suit upon t!?ia mort it, or to reform it, andlor to enforce t~~ payment of any clairns herounder. ~aid Mortgages ahsll apply to the conrt having juriediction tlureof tor the appointment oi • Receiver, suc6 court ehell forthwith appoint a Receiver of esid mortgaged property aU and aingular, including all end aingu[ar the rents income pro~ta, iaauea and reveaues irom ' whatever source derived, each and every of which, it being e~reasly underatood i~ here~y mortgagetl ae if I ~pecifically set [orth and dexribed in tRe ~anting end habendum clauses Fervof, and such Receiver ehall hsve ~ all the broad snd effective functione arsd poR~ers in anywise entruated by s court to a Receiver, end such appointment ~ ~hell be mede by euch court aa en admitted equity end s matter ot sb~ofute :iQl~t to said Mortgagee, and writhout ~ reference to the edequacy or inadequecy of the velue ot the property mortgaQed or to the solvency or insolvency ~ of ,aid Mortgagor andlor of the detendants, and thet auch rents. profits, income, issuea and revenuee aha11 be applied by such Receiver eccording to the lein end~or equity ot ~aid Mortga~x and the prectice ot snch ooart_ 8. It is understood aad agreed t6at thie mortgage ia given to secure, in additioa to the note or obligation above described ~ny additional loans or tuture adv~nces made withm twenty yeare from d~te hereof by the mortg~gee to eaid mortgagore or any aucceseor in title of said mortgagors of the prop~rty hereby conveyed: provided th~t the total uapaid belence ot the indebtedne~ secu~ed hereby a: any one time ahap not e:ceed the ma:imwn principel amountot ELEYEN TH4USAND THREE HUNDRED FORTY TWO (11~342.00) Dolt~re 1, plus intereet thereon and any dirburaemente made by the mortgagee for the payment of ta:ee, leviea or insurance on the propvty encumbered hereby, with interest on auch disburxmenta. IN WITNESS WHEREOF, the said Mortqagor hee e:ecuted this rnortgage under eeal on the day and year herein fust ebove written. Signed, swled snd deGvered in the presence of: • - ~G!~~~- ISEALI onna Walker- ~ ~ ISEALI ~ ~ STATE OF Per~syl vani a ~ COUNTY OF ~ setore me per~onally eppeared DOr1r1d Walker of 2408 Millqrove Rd, Pittsburgh, Pa 15241 ~ ~ ~ ; to me wstl known •nd Icnowe to me to be the individual.. deeaibed in and wbo azscuted t6e tazegoing inetrument. ' ud eckiwwlsdged before me that S.he.... e:ecvted the same for the p~uposes therein e . ~ WITNE33 my hand aad otndil':' ~e!j,;'t~'.`- - _ day oi lg ~ ~~~~~,s ~ ~I ~ GEORGEAt+ME ~l+75C1d~r, ~~1~ablt . otary c in and~ ~ E :Ptf~l$BiiR~ ~1't Ec~E~lr ~pwr the Coun aad State Afores~id. . ~.#I~~fi ~ES ~It~G~1S8? ~ ~,!t~o~i~e_~ :~rt.~~~: ~ ~ ~ ~ My oommission espins. /O ' ' ' c~ (y~ ~ = ~r ~.r ;v; - r ~q J~~ PA~C ~e7V ''~~~~•r~. r- , -k~:~~ • . • an~K _ il;.x - - _ . _ ' _ _ .r.