HomeMy WebLinkAbout0898 4~"755
~919 JUL ? 0 A!t a SS
ST~L~tlC~COt#iTY FC!?.
ppiTRA~
q,ER1( CIRCWT C~
sha0 have the option W receive and apply tAe same oa accouat ot the indebtedne
sC~~ee u,r~eRdtc1ryAe~re~by~to'peratit
said Mortgagor W receive aad use it ar any put thereot tot otl~ pttrposes without thereby w~iviaa or impairing .
~ny quity. lisa or right under or by virtue of thi~ mortq~as: and in tM event said Mortg~gor sAa11 tor my reason
ta~7 to keep the said premi~es eo inaured. or tai! to deliver promptly aay of ~aid po6cis~ ot in~uraacs to ~aid
Mortgage~, or tall promptly to pey fully sny premium ttienfor. or in ~ny respect tdl to per~orm. diechargs.
e:euts, ettect, compkte, comply writh and abide by chi~ covenanc, or any F+art hereot, aaid Mortgages auy plaoe u~d
pay for aucA in~u~snce or any psrt thereof without ~veiving or aHectinR eny option, lien, equity or right undef or by
virtue of this mortgage. ~nd tse tuU amount of each and evsry sueh payment shall be immediately due ~ad p~yeble
and sBall be~r interest trom tAe date tl~ereof until paid at the rata ot ten per centum per aanum ~nd together with
aaes inta~est ~hall be seeured by tAe lien ot this mortgage.
4. To permit, rnmmit or sufter no wasce, impairment or deteriora~ioa of said property or aay part tl~ereot.
5. To pay aU end singular the coste, charqea and e:pen~ee, including rcaaonabie lawyer'a fees and ooet ot
abstncts of title, incurred or p~id at• ~ny time by eaid Mortg~gse because andlor in the eveAt ot the failure on the
part oi the said Mortgagor to duly. promptly and fuUy pertorm, dixharge. e:ecute. effect. eompkte, oompty witA
and abide by each snd every the stipulations, ~greements, tonditione and ooveaants o! said promLsory note, ~nd
this mo~tgage. ~ny or either. and eaid costa, charges and ezpen~es. each end every. shall be iramediatdy due and
pay~bb, wAethe~ or not there be aotice, demand, attempt to coUect or suit pending, ~~d the full ~ma~nt of e~ch
and every anch p~yment shaU bear intereet irom the date thereot until paid ~t ~the rate of ten per eentum per
annum: and all said coats, charges and e:penaes ao incurred or paid, togetAer with sucA int~est, ahall be eecured by
the lien of thie mortgage.
6. Tsat Iai ia the event ot any bre~ch of tAia mortgage or default oa the part of the Mortgagor, or 'Ibl in the
- ev~t any of eaid eums ot money he~ein reterred W bs aot P~mPUY ~~Y P~ within t~en days nart att~ tbe
xme severally become due and p~y~bls, witlaut demand or notice, or Icl in the event each and evsry the stipul~tions..
a8reemsnt0. conditions ~nd covsnants of sald promissory note and t6is mortgag~e. any or either. ~ra not duly.
promptiy and tnUy pertor~aed, diseharged. ezec~ted, effected, compkted, c:omplied with and abided by, t6a~, ia athe~r
or any ~ch event, the s~id agg~egate eum mentioned in said promissory note then nmaining unpaid, wit6 iutenst
accrued, aad all moaeys secured bereby, ahall become due and p~yabk tortAwritA, or tAereafter, at the option of eaid
Mortgagee. tully ~nd oompletely if ell: of the said sums oi nomey were originaUy atipulated to be p~id on
such d~y, anything in naid promia~ory note, and or in thia mortg~ge to ~he contrary notwithst~nding, snd
thereupon or thereafttt at the option of eaid Mortgtgee, without notice or damand. suit at law or ia equity,
theretofore, or thereafter begun, may be prosec~ted as if all moneys ~ecured hereby Aad m~tured prior w its
institution.
7. Tfut in the eveat that at the beginning of or at any time pending aay suit upon this mortgage, or W forecbse
it, or to reform it, aadlor to enforce psyment of any claims bereunder, said Mortgs~es ehall apply to the court
having jnrisdictan thereof for tAe appoiatment ot a Receiver, such conrt shall torthwith appoint a Receiver of said
nwrtgaged property all and singular, including all and ~ingular the rente income profits. issue~ aad revenue~ from
~rhatiwer source derived, each end every of which, it being ezpnsely understood ia hereby mortgsged ~e if
~ specificaUy aet forth and dexribed in the Rranting and habendum c]auses' hereof, and euch Receive~ shaU fiave
all the broad snd effective functiona and powers in anywix entrusted by a court to a Receiver, and such sppointtnent
~ shall be made by auch court ae en edmitted equity and a matter of ab~olute right to said Mortgagee, and writhout
~ reference w the adeq~aty or inadeqwcy of the value of the property mortgeRe~d or to the eolveney or ineolvency
j of said Mortgagor and/or of the defendants, and that such rents, pro6ta, income, is~uee and revenuee ehaU be applied
E by such Aeceiver accor~ng W the lein andlor equity of said Mortgagee and t1?e practioe ot such ooart.
f ~
~ 8. It ia understood and ~greed that tlus mortgags is givsn W secnre, in additfon to the note or obligation
~bove described any additioaa! loans or future advaaees made within twenty yeers trom date hereof by the mortgagee
to said mortgagore w any wcceseor in iitls ot said mortgagwe ot the poperty heceby oonveyed: provided that the
totel unp~id baleuce of the indebtedness sacured hereby ei sny one time ahall not e:ceed the ma='unum principal
amount ot 'I'FI~I 74~A1~D EIGE~I` A[~ (10 ~ 800 ~ 00 ) Dollare
1= 1, plue intereet thereon and any diebureemcate msde by the mortgsgee for the peyment ot ta:ee, levies ar insurance -
on the property eacumbered hereby, witA intereet on euch disburxments.
~ IN WITNESS WHEREOF, the said Mortgagor hae e:ecuted thie mortgage under eeal on the day end yesr herain
f'vat ve written.
~ ed d 've in ihe p • '-.t~ ~~.~"`s~.' .
~ ' G~ - ~t L
~ ~ ~ , ~ _
~ ~
e. srw~ OF Kathleen M. Pobinson - ~
° ~l~4~A Ma~ach~s~tts ~{i~1~ . -
~ ~r;-~.t~'~`
coux~r~r oF garnstable ~
e
~
~ Before me pereonally appeared A• ~1 Kd~11~Pn M• ~b1IlS0[l~ his tdife of
x
~ 800 Bearses WaY_, Apt. 55D, NYannis, I~. 02601
~
m to me wsll Icaown ~nd Imown to ms to be the individualS desnibed in and who azecnted tee foregoing instrumea~
~nd acknowledged before me that .#be..y esecuted the same tor the purposes theroin e:pr+e~sd. ~
WITNE33 my hand and or~.~ ~ cn~ 5th ~y or May 19 79
~ ~ , - d?~K~
~ Notary Public in and tor
; , the County and 3ute Aforosaid.
~
~ Bii';K Pa6E My oommission e:pires: /~f~~Q~C+~/ 1$~ /9~0
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