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Home My WebLink About2019 - - s.. - - - .c _ _ . _ ~.....~.~..~--.-.r~..r-....e?~~. _ _ nodes to the 'Mortgagee is sooordance with the provisions of the ruMehs~red heidb~~l~ payment of the satin iadebtedaees repr+eseated tberaby, the Mortgages, r trustee, aheJl, is omaputiag the amount of such iadebtsdaees, credit to the account of the M ~t~e~o~ nay credit balance retnaiaing under the provisiar of (a) oC said 1[ then shall bs s deG?u?c under nay of the proviaioar of this i ~a~e resintu~ m s public pMnd the premises core~+ed hereby, or it the MortBa~ee sequins the pro~srty oaita6brwye Jter default, the Morigsgse, ss trustee, shall apply, at the time o1 the corameaoemeat of such prooesdinp or at the time tM propsKy is otherwise acquired, the amount then n~ theto arediL of Mortgagor under (a) ot.p~uegrsplt Z pr+eoeding r • credit oa the iatee+est accrued sad unpaid sod balance to the prgkipai then remsmu~g unpad oa said note. ~ - Ho w18 ps,Ir a>i taioes, aesesaoeaa, watse sod otter ~o~a~m~a oe e6sepsr ae lei foe flrleh pro~risioa bas not hero mMis ~ e~6 aiabetere, sod ip d~tuwttt6ei+ed ibe otiU? p,1 t6s ssssptha?t M will pramptb? delver the c~aial reeeipa t~retor to _ Moetpgea. 6~. 8e will psrdt, eomroit, ae suQir no warn, impairmea oe detseioe+ation of sold ar thereof ssbspt ressoaubM wane sal ase• sad In the eraat at -the at the Mce~s~ Lo- ]Deep ~a~ap an premises and thois to b ereote~ oo said peemisos, oe thereoo, Good sepsis Mortgagee mains snob repairs a. i. is discretion it my? deem aseeseaq tar the presoerstio~ thseo~ and tht full amcwnt at sash sad ereey suet, pyrmeat shall bs due sod pyrabM t~qr tm) d~U?s aPoe~ deosa~d, ao~ eis.H bs aeo~u~ed by the liaa of tiv. aaoetgsgs. . _ ~es~ fed - . d aloe ds~tltN, ~ asgr~ 1be N~ ~p~~ [ ~bie 1aw7ee's i and roan Piles bseanss of the taihuo on the of tbs pcomptb? and tu1~r b peefo~t ~sgreemena a ~ ~ a of ~ ~ ~ y ~ s J.~e said Doss, abarges, and eo~peases imasedi~?te~? Pol?sbis T. He wffi oontisuotr~p maintain hasard itonvangs, at such type or~jpes end amoima as Mortgages may from time to time require, on the impeovemena now oe hereafter on said- - and esospt whoa pUment; for all such premiums has thentotors been made render (a m parsgrs~h g he~re~~e ~ pay pe~omptly e?hea due asi preteuums ~qr~, ~s sad tde cies and renewals d~~~~M81tu bey Mort;a8~ee base attac6~ed th~e:+e~to bss~psy~~~olawes is iasor sad in form aeoeptable to ths,M In event o~ioss hs will give immediate noteos by mail to Mortgages. and Mor3tg~ages may makes lpe~oofo~~_ii ~ot made proatp~ bey ~or't~waar,~~ ~i~ {i{IYWI;IO.. ai a.o.a. w~,.w:.nw :.........o....... wr to Mortgagor sadd ~ertgge.~?, sad the insur.aoe prooesds, or aqt part theeeo~ may be a°p~sd by Mort- ~sg~e a~ is option dthsr b action of the indebtedness hereby secured or to tie restorataoa ar r+spair o~ the proper!, dammed. In event of foreclosure of this ~t~g~, or otbsr tra~[~ of title to tLs mortgaged property m a:ungumhment of . the indebtedness sewrsd hereby; aIl ri8ht, title, and interest of the Mortgsg~os rn and to nay iasuraaos policies then in force shall pass to the purchaser o~ grantee. 8. It tt~e gremiera, or am part thereof, be condenu~ed under tlx~ power of en?inent da~uun, or acquired for a public use. tl~e damages awisrde~l, the proceeds for the o[, or the consideration for such uqu~sition, to the extent of the full amount of the remaining unpaid itedneae secured by this mortgage, are hereby assigned to the Mortgagee, and hie Beira or sssg~a, end shall be paKt forthwith to said Mortgagee or his ~ss~gnee to be applied on account of the last maturing installments of aucl~ indebtedness; provided, however, the Mortgagee or his assignee, may st leis discretion par direst to the Mortgagor, his heirs or assigns any part or all of such award; provided, that if the loau is guaranteed or insured, .the consent of the guarantor or insurer is obtained in advance o[ said paruient. 9. The Mortgages may, at nay time pending a suit upon this aaortgsge, sppi3r to the oonrt having jwrb~dktion thereof far the appointment cE a reodver, sad suet ootut shall forthwith appoint a receiver a[ tbs premises covered hereby all add singular, including all and singular tLs inooa~e paoGGa, ies~res, sad revenues from whatever. suurne delved, each sad every of whieb, it being e:presely uaderstoo~, is hereby morty~aed sa if speeiSa~ly set forth sad daolbed is the grant' sad hsbeadum clsuea hereof. 8ueh tmeat sha11 be made by such court as as admitted equity sad a matter o[ absolute rift to a~ Mnrt~ee, sad without rderenoe to the adequacy or inadequsoy of the . value d the property mortgaged m to the solvency or ineolvenay of said Mortgagor or the defeadaats. 8ueh teas, pro6a, income, issuer, sad revenues shell Ifs by such r+eoeiver aceordina to the lira of this mortgage sad the praetioe of such ~ourl. Ia the event of any ~ an tbs of the Mortgagor henunda~, the M agrees t4 pay to the M on demand ss a rasonable montreatal for the premises as amount equivsierst b ore-twe2ith~ t~ks a~r~ of the two acathly iastallmeata payable in the tl:ea ~:rraat year plus the actual amount of the annual taxes, asseeemena, Ovate: rata, sad imuraaoe premiums far sued year not oove:ed by the aforeesid monthly paymeaa. E 10. Ia the event of any be+eaoh of this mortgage a defank on the part of the Mortgagors or in the event that nay of said sums of money herein refernd to be not promptly and fullypaid aooording to the tenor hereof, or in the event that each and every the stipulations, a6reementa, eoaditions, anti ooveaants off said non sad this most;,sae, ors not duly. promptly, and fully performed; thm in either or any such event, the said aggregate sum mentioned is said note rhea remaining nnpsid, with interest accrued to that time, and all moneys secured hereby, shell become .l..w ai„! .,avahM ferthwith; et the:+safter. at the ot?~ of said Mortsaae, as fulh? and completely as U all of the said sueos of money were a:i~asUy stipulated to lie paid cn rush day, anything is said note or in ibis mortg~e to the contrary aotwithstaading; sad thereupon or thereafter, at the option of acid Mortgagee, without notice ar demand, suit at Isw or in equity, may be prosecuted as if aD moneys secured hereby bad matured prier to its institn- tion. The M :twee may fa*eclose this mortgages, as to the :mount so declared due sad payable, and the said ~p~mmiiaaeess ehaD lbe wld to satisfy sad pay the same together with costa, expenses, and albwanoea. Ia ass of partial for+eeiosure of this mortgage, the mortgaged premises shall be Bold subject to the continuing lira of this mortgage for the amount of the debt not, then due sad unpaid. In rush ass the provisions of this para~aph may aasin bs availed of thereafter lrom time to time b7 the Mortgagee. 11. No waiver of any ooveaant herein or of the obliaatioo ~seeured hereby shall st nay time thereafter be Geld to be a waiver of the terms hereof or of the note secured hereby. ~ - - . . 12. The Ilea of this instrument ahaIl r+emaia is full force sad eQect during any postponement or extension of the time of payment of the indebtedness a nay past thereof secured hereby. 13. If the Mortgsa~os default is nay of the ooveaaats or agreements contained herein, or in said note, then the Mortgagee may perform the same, and all expeaditur+ea (including r+easonab3~ attorney's fees) made by the Mortgeges is so do shall drew interest at the rate provided for in the principal indebtedness, end shall be repayable thirty days otter demand, sad, together with interest and costa accrued thereon, shall be secured by this mortgage. . 14. Upon the request of the Mortgagee the Mortgagor shall execute and deliver a supplemental note or notes fort a sum or sums advanced Dy the Mortgagee for the alteration, modernization, improvement, main- tenance, or repair of said premises, for taxes or assessments against the same and for any other purpose author- - lard hereunder. Said note or notes shall be secured hereby on • panty with and as fully as if the advance evidenced thereby were included in the note first described above. Said supplemental rate or notes shall bear interest at the refs provided !or is the principal indebtedness sad shall be ayable in approximately equal - moatbly psymentsfor ouch period as may be agreed upon b the creditor and debWr. Failing to agree on the maturity, the whole of the gam or sums so advanced shall ~ due and payable thirty (30) days after demand by the creditor. In ao event shall the maturity extend beyond the ultimate maturity of the note first described shore. anr~irr.SC~7 ws~