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HomeMy WebLinkAbout2206 ar i 45~26'~ X91'!9 SfP i 7 i~ 3 ~ ~w~ crri~ . eha5 haw tM option to renew and apply tM same on account of tM said Mortgagor to naive sad ass it or nay part thereof ter other purposes without thereby walvbeg a impelling nay equity flea or right under or by virtw of this nrortgage•. and to td avert paid Matgsgor shall Mr aqy reason tail to keep tM said peemisee so insured. or tail to deliver promptly nay of said poiidss of iosuranos to said Mortgages, or tail promptly u pay tufty any premium therefor. or iA any respect fail to pelorm. discharge. eu~te. etferk. oosspMte. comply with and abide by fhb covenant, ar any part hereof. said Mortgages mq plea and pay for such insunaa or any pert thereof without waiving a atteetiag any option. lien. equity a right under a by virtue of this mortgage. and the tuU amount of each and awry such payment shall bs immediately dw and payabi~ and shall beer inuresc from the dau thereof until paid at the nu of tea per antum pee annum and ugether with such intseeet shall be secured by the lien of thL mortgagor 4. To permit. commit a euHer rw waste. impairment or deurioratioa of said property or any part thereof. r b. To pay all and singular the costs, durBes and aspeaees. including reasoaabk lawyer's Mee and cost of abstracts of tills, incurred a paid at• any tams by said Mortgages beaues and/or is tbs event of the faihu+s on tbs part of the said Mortgagor to duly. prompty? and luDy perform. diseherge. ezecuts. etGct. coenpteu. oompy? with and abide by each and awry the etipulatioos. •~eements. ooeditbas and oowoanu of said promissory note. and this wortgags, any or either. and said costa. charges and espenses. each and every. shall bs imeosdiateb? dw and payable, whether o: not there bs notice, demand. attempt to collect or suit pending; and the tnfl amount of each and suety such payment shall bear interest from tla dau thereof until paid at the nu of tea per antnm per annum: and all acid costs. ahargM and eapaoses ao incurred a paid. WgetMr with such interest, ebaD bs secured by. the lien of this mortgagor 6. That tai in the event of nay breach of this mortgage ar default on the part of tM Matp~gar. a fbl is the } - swat any of said sums of money herein referred to b not promptly and talb? paid within ten days ne:t slur the same severalty become dw sad payable, without demand or notice. a k! in the ewe each and every tbs etipulatioos. agreetosnts. conditions and cowoanu of said promissory note and this mortgage. any or eitlree. an not du(y. promptly and tally performed. discharged. caseated. sfMcud. completed. complied with and abided by. than. in either ! a any such went. the said aggregau sum mentioned in said promissory note the remaining unpaid, with interest accrued. and all moneys secured hereby. shall bsaeoe due and payable Mrthwith, or thereatur, at the option of said Mortgsgee. ore inlly and compktdy u ii aq of the said sums of nomsy were origiaaUy stipulated to bs paid on such day. anything m said promissory aou, sad or io this mortgage to the contrary notwIth and. thereupon a thsreaker at the option of said Mortgages. without unfits ar demand. suit at law or m equity. tl?aretofors. or thenaker begun. may bs prossenud as it all moneys scented hereby bad matured prior to iu mstitutioa. 7. That in the swat that at the beginning of or at any time pending any suit upon thL mortgage. a to Mreebes it. or to reform it. and/or u entara payment of any clime 6eeenader. said Mortgages shall apply to the anrt I having jurisdietbn thereof for tbs appointmsot of a Receives. creel court shall toethwtt6 appoint • Receiver of said ' ' nwrtgaged property all sad singular. inchrditrg all and singular the rents income profits. ieaues and revenues from wlutever soma derived. each sad every of which. it being e:pteaa~y rmderstood L herby mortgaged u it spscitiaUy set tooth and described in the granting and habendnm clauses hereof. and soeh Rsaiwr shall haw 4 !I aU the bread and efMetivs tnnetioas and powers is anywise entrusud bf a neat to a Reoeivee. and such appoint s shall be made by such court as an admitted equity and a matter of absolute right to said Mortgagee, and without reference to the adequacy or inadequacy of the vah~e of the property matgagsd or to the solvency or inedvency of said Mortgagor and/or of the defendants. and that such reau. profits. income. iasuse and revenues shall bs applied by such Reniwr according u the Isin and/or equity of acid Mortgages and the practice of such ooart. i 8. It is understood and agreed tbtt this mortgage i. given u secure. is addition to the note or oWigatioa above described any additional bans a future advance made w[thin twenty years from dau hereof by the mortgagee to said mortgegon or any wrcoeasor in tills of said mortgagoes of the property hereby conveyed: provkld that the total unpaid balance of the indebtednsee secured hereb at an one time shall not escesd the ma:imnm p"rindpd ~ amount of SEVEN THOUSAND THREE HUNDRED ~IGHTI~ TWO AND NO/100 Dollars fi 1. plus interest thereon and any disbcasements made by the mortgages for the payment of ta:ee. levies or insureaos 0o the property encumbered hereby, with interest on such disbursements. , IN WITNESS WHEREOF, the said Mortgagor bas ezecuted this mortgage under seal on the day and year Lorain fn~st above written. ssabd an the presence of: p eery f8EAL1 C A STATE OF ss. OOUNT'Y OF ~(R Before ms parsonaUy appeared Thiery F. Mai re of 5214 Gerri sh Street Apt. 1807 Halifax, Nova Scotia Canada 63K5K3 r.r. _ fN_. u ms Weil known and known to ms to bs the individual.. iii poi}~.~ted the toeegofng instrument, and acknowledged before ms that ....bor... eseeuted tbs same tdr tifr'gt~p6pis:. ~speeased. VVI'I'NE33 my hand and official seal thL S ? ~ ~',ef 19 ~r - ~ ` ~ ~y`' 4 =s~ ~ _~tary t~nblie in and foe PuC in attll~~mmissioo a•pie+sor BOOK PAGE A Notary r the Province of Nova Scotia