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Home My WebLink About2254 ~ ~ ~ ti~ ; ~ T _ _ • r ~ ~ provided for come~ due, and sha!! with the i~terest therea~ be arcured by these presents; but by the payment ~ I of any sum hercunder the mortgagee will not be held to have waived any righe accrui~ng to it because af non- ~ payment thtceof by the mortgxgors. ~ 8. To waive the bcnefit c~f all homestexd ~xemption o~ exemptiona as to all amounta :ecured hcxebq. ' ` ~ , ~ 9. Ta perform, comply with and abide by~ach and evzry th~ stipulations, agceements, conditions and ~ ' ~ tovenants in said promissory nate and ia this deed set forth. ; 10. That granting any extrnsion or exter~sions of the time of payment oE the aforesaid note, or waiver ' of or Failure ~to exercise the right to mature the whole debt shall not a~ect the lien hereaf or thp rights of k= the mortgagee hereunder oe operate as a releas~ from any liability on said note or this mortgage; and further , ~ ~ that acceptance of part payment of any instaltment of princip~l or intecest, or aE ~Sact performance of anq ~ . covenaat, or delay for any period of time in exercising the option to mature the ent~re debt, shall not opera- ~ x ate as a walver of the aight to exercise suth option on account of such default~ or any subsequent defauit. _ . ~ ~ l i. If any of said sums of money herein referred to be not promptly and fully paid within thirty Y ' days next after the same severally become due and payable, or if any ancl every the stipulations, agceements, ~ conditions and covenants of said ~ ~ promissory note and this deed~ or either, are not duly pecfarmed, complied , ~ with and abicfed by, the said aggregate sum mentioned in said promissory note then remaining unpaid, with ' f interest ~ccrued to thae time, and alt moneya securtd hereby~ shall become due and payable forthwith, or ~ thereafter~ at the option of said mortgagee~ as fu11y and completely as if all of the said sums of money were originally stipulated to be paid on suth day, anything in said note or in this mortgage to the tontrary not- withstanding; ~nd thereupon or thereafter. ~t the aption of said mortgagee, without natice or demand, suit at law or in equity, may be prosecuted as if all moneys secured hereby had matured prior to its institution. The mArtgagce may forectose this mortgage, as to the amount s~ declared due and payable, and the said ~ pc~emises shali be sold to s~tisfy ~nd pay tht same tagether with costs, expQnses, and aitowxntes. In case of ~ partial foreclosure of this mortgage~ the mortgaged~premises shall be sold subject to the tontinuing liex~ of ~ ~ this mortgage for th~ amount of tht debt not then due and unpaid. In such case the pravisio~is of this para~ ¢ ' gnph may again be availed of theceafter fcom time to time by the mortgagee. . ~ 12. No waiver of any covenant herein or of the obligacior? secured hereby shal! at any time thereafser be held to be a waiver of the terms hereof or af tht note secured hereby. ~ ~ Tn the event of default in an articular a s h er e i a y p p r o v i d e d~ o r s h o u l d f o r e c l o s u r e p r a e e d i n g s b e i n s t i- ' ~ ~ tuted heceundec on account of any breach or violation of any one or more of the covenants herein, it is covenanted and agreed that the mottgagee, its successors, tegal representatives or assigns, sh~ll immediately ~ be entitled as a matter of right and without regard to the value of the premises or of tht personal propert~r ~ ~ • hereinabove described, or the salvency or insolvency of the parties, and without notice ta the mortgagors, to ~ ' the appointment of a receiver for the mortgaged ~remises, and the rents, issues and pro6ts thereof, with the ~ usual powers of receivers in such cases, and the said mortgagors consent that during such receivership the said ~ ~ receiver may be continued in possessioa of said premises during the pe,ndertcy of any foreclosure, and until t the time of sale thereof or thereunder, and until con$rmation of said sale by a court having competent juris- ' ~ idction. ~ It is understood and agreed that the mortgagee may at any time, without notice to any person, ~ grant to the mortgagors any indulgences ot forebearance, or any extension of time for the p~yment of any indebtedness secured hereby~ or allow any change or changes, substitution or substitutions of any of the prop- . ~ erty described in this mortgage or any other cr?Ilateral which may be heid by the mortgagee withou~ in any ~ ~ , manner affecting the liability of the mortgagor, any endorsers of the indebtedness hereby secured or any other person for the paymrnt of said indebtedness, together with interest and any other sums which may be due ~ and payable eo the mortgagee, and also without in any manner af~ecting or ~mpairing the lien of this mort- ~ gage upon the remainder of the property and other collateral which is nat changed or substituted; and it is ~ also understood and agreed that the mortgagee may at any time, without notice to any peraon, release any ' portion of the property described ia this martgage or any other collateral, or any portion of any other col- ~ ~ lateral which may be held as security for the payment of the indebtedness hereby secured~ either with or ~ : withaut any consideration for such release or releases, withoue in any manner affecting the Iiabi[ity of the ~ # mortgagors, aIl endorsers, if any. and all other persons who are or shalt be liable for the payment of said ~ indebtedness, and without affecting, disturbing, or impairing in any mannec whatsoever the validity and _ priority of the leen of this mortgage for the~ full amount of the indebtedness remaining unpaid, together with ~ all interest and advances which shall become payable, upon the entire remainder of the mortgaged praperty ~ • which is unreleased, and' without in any manner af~ecting or impairing'to any extent whatsoever any znd . ~ all other cnllaterat security which may be held bq the mortgagee. It is distinctly understood and agreed by • = the mortgagars and mortgagee that any zelease or releases may be made by the mortgagee without the coa- ~ t sent or approval of any atber person or persons whomsoever. E~ ~ ~ ~ The maiting of a written notice or demand addressed to the owner of record of the mortgaged prem- ~ ises, or directed to the said owner at the last address actually furnished to the mortgagee, or if none, directed . ~ to said owner at said mortgaged premises, and mailed ~y the United States mails, postage prepaid, ahall be ~ sufficienc nocice and demand in any case acising .under this instrumeat and required by tht provisiona htrcof ~ or try law. Ths covenants herein contained shall bind, and the benefits and advantages shall inure to, the respective ~ heirs, exccutora, administrators, successors, and assigns of the parties hereto. Whenever uscd, the singul~c ~ number shall include the ~luni, the plural the singutar and thc ~se of any grnder shalt in~lude al! genders ' aad thr term "mortgagee ' shalt iaclude ar~y •~aqee of the indebtedness heceby aecund Ar any tranafecee £ thereof whether by operatioa of law or otherwise. - t All intcdineations ~nd erasures hereiu wene m~de prior to eYecution bY the mortgagora. ~ IN WITNESS WHEREOF, the s~id mortgagon have htrcunto aubscribcd their n~mts aad affired theu ~ ; seais~ the d~y and year first above written. ~ ~ • ~ Signcd, sealed and delivered ia ttx prescnu of, ~ ' ? ~ ~ . . . '~Ia ~.'b: , - ~ - Je s (Se~?1) ~ - • ~ i - - 'i~ enn s " (SaI). . ~ ~ ~ - - - - ~ ~ ~ ~ _ - ~ ~o.~ - ~ ; ~ U ~~.c~ . ~ ~ ~ ~ ~ . ~ . _ . ~ . Y._. ~ ~.._.,...~_..~.~,~.r~~_._~.,-.~..._..~,..__....~..,_ b_ -