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Home My WebLink About0952 i' ~ ~ 7. If owy of the wws d wtowey bereiw rohrred b b• vent prowpNy and telly paid wiMiw fiitsew (IS) dogs we¦t efbr Me sown sewroNy becowe dw owd poyobM. a it each owd every the stipubtiows, ogreewrewn, conditiows and cowwown of ooid prowi»ory orate and Mis wartgoge, a eillNl, en nM dYly perlorwed, co+aplied with owd abided by, tM oggrpoh sYw wawtiowed iw aid prowissory orate shop becawa dw owd poyobb foAhwiM or MereofMr of 1M eptbw d the Mortgagee, v< fv4y and cowplehly n if said aggregate ww d wrtwey was orrgiaoNy stipubad b b• paid ow sud? Boy, owylhing iw soil prowiaory cote a hiniw b the pwtrory wonriMsbwdiwg. 1. Te deYver h aid Mortgagee, eve w before Moreh 13M et each y ear, b¦ receips evidewcing the poywewt d aN IowfYlly iwrposed toles ter tM preceediwg eoMwdor year, tb +IeNwr b sold AAorlpo0ee. receipts evldewciwg 1M peywrewt of all Hews ter pYblk iwrprowwewa wiMiw wiwely (90) days efhr the sown shall becowa dw owd poyeble owd b pay a discharge wiMiw wiraly (90) deys after dw date, owy owd eM gswrwweatd levies that way b• wrade ow Me wapogad property. ow Mis rworgoge er veep, or iw owy arbor wey rewlting frorw Me Mortgage iwdebadwess secured by Mb wortgogej owd if Mb oowdhiow b. vent towplied wits and perforwad, said wortgogee wsy Pay web ww or wwa which shorts becowe peA of the debt sacvred by Mis wortgoge, owd steep boor interost et tM sows rote n the ewortgoge note, payable sawirowrwolly Ywtil pond a sod Nbrlgogee way elect that sold rsrorl- goW debt tberwpow becowre dw owd payable forMwiM. 9. 11 h fYrMar cownowted owd- ooroed by raid parties Mot in the .rent d a wh beiwg inslihhd b foracbb Mis worpoge, the Morlgao» shop b• entitled b opp:y at owy lirwe pending sYCb forecbswro sYh b 1M cant having jurndictiow thereof for the ~ppoiahwwl d a reaiwr d oN and siwgYbr the wortgoged property, owd of oN the tern, incowres, profin, issues owd rovenws Me?eof, /row wbanwwr toYrq derived; owd Meroupow it h herby e¦prealy covenanted end ograeu toot the coYrt shop forMwiM appoint a receiver of sold wagaged property, all owd singvbr, owd d wch revere, iw- «.wes, profin, issws and revewYe thereof, trove wbatseewr soYrce derived, wits Me YsYal power and dYties d receireq iw like nosey owd wd aP' poiwtwren! shop be wade by wch court m e woMer of strict right to tM Merpogee, in successor,, legal ropresewtotives or essigws, owd witboW rohnwce b Ibe odegvory or inodequaq d Me wlw of the proFeAy Mreby wortgoged, or b the soMwry or iwsolwwry d IM Mortgepe?, and Nat such rewt, profits, iacoare, lows and rawnues shop be applied by sYCh receiver b tba poywewt d Me warlgoge indtbtedweu, cosh owd Borges, occordiwg b tM order of sYCh Court. 10. Upow owy default under the worgage orate or Me warpage, 01 the optiow of Me holder d tM atorlgoge orate the ewpeid bobwce of IM warpage ooh owd any advances .wade Yoder it, or fbe worpege, togetMr wits iwhrest, shall becowa dw and payable, litwe beiwg of the eawna of Mis cowtrod. My woiwr d any poywent Yoder Me wete or worlgoge at owy itrwe shall vent, of owy oMer live, be bkew b be a woiwr d tM hrwt d the note a warpage, owd the ocnpbnce d poywenn Ypas sold indebtedness shall wet constitYh a waiver of Me option of the bok~e? d IM orate h oae'eroh repoywrent of Me entire Yapeid babnq, unlea tM bolder a¦pnssly gronn such woiwr in writing. 11. If all or any part of the prepe?ty or on interest Nrenin is sold or transferred by werpogor without worpagee's prior wrhhw towsewt a¦ded~ irrg (o) Me creation of o lien or encanrbronce wbordinah b Mis wortgoge, (b) a tronshr by device, deuewt, a by operotion of low upon Mre dwM o/ a join! tenant, a, (c? Me grant of any Iws~lrobf inhrest d Mree l]) ywn or ktss not cowtoiniwg on option b pYrchose, or (d) Me croolion d a pYr- chose woney security interest for bouselroW oppliawus, worpogee way of worpogee's option, decbro all sows secured by Mis warpage b be iwwed'rohy dw owd poyobbt. Mortgagee shall have wa'rwd such apron b accebtroh only if, prio? b tM sob or transfer, wortgogN and tb~ person b whow the pragerty is to bt sold or transferred-reach ogreewent in writing Mol sorb penes is a gYaified borrower b Me sotisfoction of wopogee uurcised in in sokt discrtteon and that ewy wOdificatians of hww of the warpage loan of ore regYired by worpogte in in sole and obsobh d'acretiors wlirch wodificot'ans way include wiMOUt liwitation Me rah of interest payable on /M wws secured by M• warpage b o rah os ngwsted by wort ogee how bean agreed Ypon. tf worpogea a:ercixs such option h orcehroh, worpogee shall wail wtorfgogor notice d occekralion by depositing said letter in the United Stores Mail, postage prepaid, to Me following address: Such notice shall provide a period of not lea thou Mirly (]0) dogs (row tb• doh the wotrp is mailed, within which worpogor way pay tM ww de- clared dw. If wortgogor folk b goy weft wws prior b tM a¦piro?ion of such period, tM bow shall be iw defouh owd worpogee way, wiMoYt furtMr notice or Bewared ow wwrpogor, invoke owy rewedies as provided for beraiw upon Me event of defauh. My woiwr of any payrwenf under Me note or wortgoge of any tiwte shall not, at any oMer tirwe, be lakes h be o waiver of the ferns d Me ooh or aarpoge, and Me acceptance of potrweMS Ypon said indebtedness shall not coestitute o waiver of tM option of the worpogee b oaebtroh the indebtedness as provided for beiein. . 1L tl • corweyaae sAouW be nude by the mwtgagar d the prerwises heroin described. or atq pert Mereol, and should Ilse grantee er owy srrbs? quest grantee under card cinveyance, who has assumed the rrrortgage and irrdebadrrfss, be in defauh by virtue d a breach of er?y of pre provision of Mis mortgage a the povnrons.ol any assurrrption agreement wits the mortgagte, whether'a rrW veld assumption agrtarreM modifies the tarwts of the rrrortgage and irrdebtldnlss. then and therelae. tlrt rortgagor hereby cinsenn b assumption and the provisions d arty assuwption agrwwraM with the mortgagee. and to any nrod.f,ratiens of the terms a provisions d the nrortgege and indebtedness occasioned by said assumption agreewam end dose further hereby grant the rrrortgagee the right to grant e¦tensions of t:rrre to said grantee witlrotrt notification of, witheuf lfre conMM of, and withatll affacl. ing the liab.liry o/ the original mortgagor. or any srrbsegsrent mortgagor. 13. When arty amount d marts b be pid by the mortgagor b the mortgagee under the terms heed shop bt iw dehuh, « should the wortgagor dtlauh M arty of the Whet terns, pravisiins a corrdit:ons of this mortgage. then in that caw tM rrrortgagat shah haw tlrt right, without notice b tM worgagor, h collect and receive /tom any tensor a Lessee of said rrrortgsged penises the reran, issues and profin d the real ethh hsreby ntwtgaged and the ;rrrprove.rrtnt therein. and to 9^K proper rece:pn and acgtrittancts therefor. after paying an corrrrrtistiorss Bony rorwal agast colleetirrg the sense, j and any roasonabk atorneyi lees and other rrtctasary e¦pemes incwred in collecting same, ro apply the proceeds d such cdMction upon any itrdebted- ~I ntss, obligation a liabr4ty, of the mortgagor hereunder. The right granted Itre mortgagee rresde? this paagraph shah bt in addition b, and shah not gntit or INMict, any Whet right or rights granted the mptgaglt in this mortgage. !f 11. That in the event the p.emises Mroby nwrtgaged, or any part thereof. sMN be condemned and taken (or public use ursder tht power d amisent i dowuin. tM Abngagw stuff ha.re ttsa rght b de.nand tMt aN damper awwded for tM takrrg of or dariseges b said premiws slap be paid to 1M f Merpegee Yp b the arnoYnt tls~n unpaid an Mis wa.page end et tM optien of Me Mwtgigee may be applied agar Nre paynrwsa lest pgablw tlwoa? 13. The wa.tgagor binds himsel/ not b erect o? ptxwrit b b• erected any new buildings in the premiws herein rwortgaged or b add b or ptr*writ i a be edried to any of tlsa a¦ist:rcg irr+pro.e+?ients itrtreaar qr nytre any clsanges d< alterations in said irrrprovernenn which mahrrapy change Ilse sans or the Yse thereof, without the written constm of the Morpagee, and iw Mre event of arty violation a attempt b violate this stipulation Mis rtrOrtpega end eN cams aeand heresy Shan rrnrrredi~tety becona dw and colhcfibb N tM option of Ma Morgagee. 10. his specifically agreed tMt tirrse is d tM essenn d Mis oortMad •nd MsN no warwr of any ebligetion MreardM w d Mse ebCgMiow seorrrod Isaeeby eMN et ewy ti.M be held b be •woiwr of Nor terra hereof et of Mre irrahtrwreM seared hereby. 17. N /orecbsvre proceedings of any second warpage a. second trust Bored e< airy Iw'ar lien of arty kind should bf instiatad, tM Mortgagee wrq, N is option, irrrrned.ately or thereafter detlwe this wangape artd Mre indebtadntsa secured Ir¦reby dw and payable /athwiM, std way M is opliow ptoaed b fondoae Mris rerortgage. lg- Te tM a.tent of the indebtednete d tM Mortgagor b pre Mortgagee desuibed herein or secured hereby Ma Morppae Is haraby wrbrogaad b the Bert or liens and b pre r:ghn of tM owren end holden tlrereo/ d eacA and every wrortgage lien or other incuwsb.ettce ow tlse larsd dewr'bed herein vrlsidt is paid and/a aatisiild in whole or in part out of Mre proceeds of Me ban desuibed herein or second Iraaby, end MN nspectiw pans d acrd warpages, Hews a oMer w+cumbances shall be and the sawn end each of Mem hereby is preserved and shell pass b and be held by Mae Mortgagee haroit w sorority fp the indebtedness b the Morpaget herein desurbed ar hereby secured, b Nre same a.tare that it would haw been preserved end wprld hew been paned b and been hew by the Martgagta had ie been dYly .rd rpYlarly assigned, transferred, wt over and dtlivered trrtto Ma Mo.tgag.. by twrparah deed of assprwnent notwiMstandrrg Mre fad that da servo way be satisfied -and carrtelted of record, it being Mae invention d $le pertia hanb thN the acme wiN be satislrld and cancelled of record by Mss holden thereof N a about Nor rinse of Nor recorditrg of this teottgeoe. - 11. Te pay aU a•rd singular rise corn, Borges end ewpensM, swcwtsirtg lawytrs tees, roasonaWy itsctrrted or paid M any ttwto by dte Mortgagee, becwse of tM faibrre of the Mortgagor a pericrm, cowrply with and abide by cads and every tM stipulations, agnewrewb, eordiNorra, end eovertenb d said pewiawry mete and this deed, or either, and every such paywarNa sMN bear inhrest frorw date at the sans tab n rise warpagt rase. IN WITNESS 1AMEREOf, Ma said Mortgagor hertturslo attta hM htwd and acts MtN Mte Boy etd veer fM chow treMtsn - ~ _ i ~J ~ ~^J Sgrred, seoMd, and delMred ~C~C ~w ~ ? ~.G V .t t. ~0~.t.~ ......13EAt) b rite praswrrce dr EDYTHE R. VIR'"UOSO ..................._(s~lu ~ .-.(CIA)