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Home My WebLink About0852 ~ < - ~ : j• r 450"~36 ~n ~ ~~~T ~ J~TI~M~~ T N i ~ ~ S` ? UOCUMzNT~~ _ ~ ~ 1919 J~. 10 AM! ~ : t~~.:,._.,~'~tv~:tiuE~ ~;~,:~;i_ c q5 ~ s-= tO ~,;J~1~'i~t:~-~ - O J, L Ep AH Rt' NQEO ~ _ vn. ~ 'C ~J---- UCIf 0 Y.F A. ~ ~t~ER P~TRA~ " q.ERK CIRCUIT C01~1 ~ RECORO VE'R1Fif0_ s6a11 luve the option to reeeive snd apply the e~me on acoouat ot the indebtednsss sscused heceby or to parnut said Martg~gor to receive and use it or any part thereof tot otl~r purpose~ witl~t tl~reby watving ot ia~paide~g . any equity. li~ or ri8ht under or by virtue of this mortgage: ~nd in the evea~t aaid Mortg~gor a6all tor any re~son tail to keep the said prennisss so inaured, or ta~ to deliver pranptly any of s~id policies ot inwtanos to ajd Mortg~ges. oe tail promptly to p~Y lully any pnmium the~etor. or in sny re~pect f~il to partorm, diachargs. e:cuts, etfect. compbte, eomply with and abide by thu rnvenant, or any part Rereof, eaid Mortgages may pl~as aud pay tor such inaunnas or aay part ehereoi without waiviag or aHecting any optio~, lien, equity or right ander or by virtas oi tRis mortgags. and the full amount of e~ch aad .every euch payment ~tuU be immediately due and p~yable and sball bear intste+t from ths date tliereof until paid at tAe nte ot ttn per centum per aanum and Cogsther ~r[th sneh intere~t ~hall bs sxvred by tbe lien of thie mortgage. 4. To permit. oom~ait or suHer no waste, impairment or det~iontion of said property or any part thereot. S. To pay aU and aingulu the coste, ci~argee snd e:penees, including ressonabk Iswye~'a fees aad oost of abstracts ot title, incurred or psid st• any tima by eaid Mortgagee because and/or in the event of the tu7ute on the part ot the said Mortg~gor w duty. promptlY and fu11Y Pe~to~m, discl~arge. e:ecuta. effect. o~mplete. oomdY w[tA and abide by. e~h aad every ths etip~il~tions, agreemeots, oonditioas and oovenaata ot said promissory note, and this mortgage. any or either. aud said costs. chuges and ~penses. escA and every, ehall be immedi~tely dae and peYabk. whether or not t6~e be aotioe. demand. ettempt to toliect or suit peading: and the fuU an~ount of esch and every such p~yment ahall bear interest from the date thereof un~7 pai~l ~t the rate of ten per o~tum per ~naum: and all uid costs. chargss and ezpeases so ineurr+ed or paid. wgether with ~ucA interest, shall bs secured by the Ik~ of ihie mortgags. 6. T6at la) in the event of any bre~eh of this mortgags or default on the part oi tlie Moctgagor, or Ibl ia tLs - eve~nt aay ot said sums ot mo~y herein raferred w bs not pmmptlq and tullp Paid *?~thin tes~ d~ys aest after tAs ~tns ssvenlly becoms dus ~nd paysbls, witbout demand or ootics. or Icl in tha event each and every the stipulations. agreemsnta. oonditlons and covsnants of eaid promiasory note and tbis awrtgage. any or eit6er. ars not duty. P~'o~P~Y ~nd tully p~famed. discbarged. e:ecuted. effeetad. completed. oomplied with and .bided by. theo. in dther or any sach event. the eaid agge+egate sum mentaaed in said promiswry note thee remainiag unpaid. with u?t~erest accnied, and ~il moneys eecared hereby, sAall become due and payabk [ortf~with, or thareiher, at tbe option of said Mortgagee. ~a fully and compktely as if a!! of the e~id sums ot nomey were originally stipulated to be paid on such dey, anything in eaid pro~nissory nots. a?d ot in this mortga6e to the contrary notwithst.~nding; and tl~ereapon or thereeKar ~t the option ot said Moctgagea without notice or d~mand, suit at la~v or ia equity. theretofore, or there~fter begun. auy be prosecuted ~a if aU moneys escured hereby had mat~ued prior w its institution. 7. T6at in t6e event t6et at t6e beginning ot or at any time pending any suit upon thia rn~rtgage, oc to tareclose it, or to reform it, and/or to eatorce psyment ot eny cWms hereandar. said Martgages ehall ~pply to the oourt having jarisdiction thereof for the ~ppointment ot a Receiver, such tourt ehall forthwith ~ppoint a Receiver of said mortgaged property all and aingular, including aU end singular the rente income proCts, isaoes and revenues tcom whatever eource derived. e~ch aed every of ahich, it beiag e:presdy understood is hereby mortgaged as ii ! ~pecificaUy eet fort6 and descn'bed in the Rranting and habendum clauees hereof, and such Receiver shall have ~ ell the brwd and effective fuectiona and po.rers in anywiee entruated by a court to a Receiver, aad eucA appointment ~ shall be made by euch court as an edmitted equity and a matter ot sbaolute :igt~t to said Mortgagee, and witlwut ~ reference to the adequacy or inadequacy of the value of the prope~rty roortgaged or to the solvency ar insolvency ~ ot s~id Mortgagor andlor of the defendanta, and that such rents, profits. income, isanee and revanuee ehall be applied i by such Receiver acoording to the lein and/or eqaity of said Mortgagee and the prectice of such oourt. 8. It is understaod ~nd agreed that this mortgags is given to secnre, in addition to the note ot obligation ~bove described any additiond lwns or tuturo advances made within twenty years from dete hereot by the mortgagee W said mortgagors or any successor ia title of wid mortgag~ors ot the property haeby conveyed; provided th~t t6e ' totel unpaid balaace of the indebtedneas secured hereby ~t any one time ehall not e:ceed the mazimum principal anwunco! THREE THOUSAND FOUR NUNDRED EIEVEN (3,411.00) Is 1. plus intaest thereon and any dieb~ueements made by the mortgagee fa~ the p~ymant of t~es, levies or ins~ranoe on the property eacumbered h~eby, with interest on auch diabursemente. IN WITNESS WHEREOF. the said Mortgagor hae e:ecuted thie mortgage under eeal on the day and year l~erain first ~bove written. ' Signed. sealed and delivered in the prexnce of: ~ ~ X (3EAL1 9 ~ ISEALI ~ / STATE OF F~~~ Ma~sachusetts ~ COUNTY OF SX'X~T~I ~fo~ sP~~ Roger S. Wal ker of 17 Keni lworth St. , Andover, MA. 01810 ~ . ~ ~ w ms well known and lmowe to me to be ths individual... desm'bed in and who es tbs faregoing ~tiumeu~ , _ and ~cknowledged before me that ....6e.... e:eeuted the eame for tbe purposee t6erein e . • j~. . ~ WITNE33 my hand and of5cia! seal thia dsy ot iti ' . ~ J `1 •r~.;~.. l IVotary . ' cGw....;~~..: ~ tflo W411~r~ ~d Oi~iO ss~YFw~w••. ,..~.~IT~ s ,x j~' ' i ~ ~JK,,~~ ~ ~JV "'~°~o~sf,r~r- A~i .~c • ~ _ ; Pa~E 60 wr oommi~oa e~~p~~'~~'.~s•:~,.:~• . ' ~~ll~ < 7- /~~~r ~Jl;'~~'` _ _ _ _ _ ~ ,