HomeMy WebLinkAbout2672 ` '.1'O ~ICt~f 2~~ G'.11C6 .SLll~ltllLT' LRQ COStvSr C[tlll'!'6.S (bIC[L e.GElG/[~GJ~ tic~~~uoiic~ icawJv. o
fees, rea.so~taLl~ i~ae:crred a• paic~ at 2n~ ti»te L~ said ,hfo~ tga~~e Lec~cuse of tlce facltc~~e .
o~a tjae part of tlee saicl .,1ior~t~a~u~~ to pe~ forna, eonLpl~ tvitle cx~td ce~iic~e by eaelc a,~ad
et~er:/ tice stipulatio~is, condiGio~as a~td cove~aants of ,saitd pro»tissor~ ~ioteand tlcis deed,
~ or eLtlier, a~ad ~uer~ siceli. ~a~nr.ent slu~clt bear inte~~est frona da-te cct tlie i~ate of-~------
~ eight per eent. ~er a~inum. ;
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~ To J~eep tlie bccilt~in~, ~aow o~~ h~reafter ora said lacnd instcred in a sicm not less ~
than highest insurable value /€~'qlJ'~i~`, in ct compan~ or cnnapanies to be
app~~ovec~ Ly said Jl~fort~ac~see, and tlie polic~ or ~oticies helc~ by aiaa pa~al,te to said .
J.K~ortga~ee, u~ad i?1 tlae ~ve~at a~a~ sicm of »LO~:e~ beconaes ~~u~able unde~~ srcclL pulici~ or
~ poticies, tlce ,~fort~a~ee slcatl h.ave the u~tio~t to receive a~ac~ c~J~~ul~ t/re .~u»te oia acco~cnt
of tle.e inc~ebted~aess hereb~ ~cecrcred o~~ to permit t,he Jt1a•t~ac~or tu receiue anc~ use it, or
~ acn~ part tlcereof, for otlr.er p~a~poses, witlcotct tlaef~eb~ iua avin.~ or inapai~•i~a~ ~c~ay eqicii~
i tien or right tc~tder or L~ virtue of t/~is ntort~a~e, and ~uay place R»d ~~u.~ for sueli
' insecranee or a•~a~ pc~crt thereof, witJcout zuaiviii~ or rcfj'ectin~ the option to toreclose or
• an~ ri~Jct hef•eic~a~ler, a~ad euch a~ad ever~ sc~clL,ua~»ic~tt .slr,nll bear i-n.tere,st fi~ont~ clrcte
~ c~ct tlae rate of eight per ce~tt. pe~• an~acam. .
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' G, Ta per~nit, co~nmit or suffer no waste, impairment or deterioration of said
property or any part tlaereof. ~
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~ 6. To perform, comply with acnd abiale by each and every tlte sitpiclatio~as, a~ree-
ritent,s, ~onditio~as and covenants in said promi,ssorr~ note and in thLS deed set forth. ~
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# If ccny of said sums of nEOney herein referred to be not promptly and full~ paid
~ within th~ixty cl~cys ne.~;t after tlae sa»te severall~ become dice and ~ayable,
= or if each antl every the stipulations, a~reements, condition.s and cavena~its of said
? ~ promissorl,/ iao~e and this deed or eitjier, are not c~ul~ perfor~ried, complied witla and
` abided by, the said a~~re~ate sum mentioned in said pro~nissorr~ note slcalt become
~ due and puya,ble forthwitlt or tlaereafter at tlae option of the Jlfort~a~ee as fulty and ~
! com letety as if tlae saic~ a~~re~at~ sum of Fourteen . Thousand One Hundr~d and
; no~100--------------~ ~llars was ora~i~aatly stipiclated to Le paid on such day,
~ c~nythin~ i~t said promissory note or Ii.erein to the contrar~ notwitli.standin~.
Tlte J~ort~a~see ma~, Qt any ti~rte while a suit i,s pendin~ to foreclose or to refornt
= this mortga~s or to enforce an~ claims aizsin~ hereunder, appl~ to tlte cozcrt havin.~
,jurisdiction thereof for the apJ~ointnaent of a receiver, and sucl~ coicrt shctll forthwith
~ appoint a receiver of the premises and all other property covered here l~r/, inctudzn~~ all
; cxnd si~t~talar tlce i~aco~ne, ~~rofits, re~ats, issues and revenices from :uh~ctever source de- ~
rived, and sueh receiver slaall have all the broad and effecti~e ftc~acti.o~is ancL pozuers in .
; anywise entrc~sted by a court to a receiver and sucla appointment slaa ll Le nur,n?e b~ such
; eoicrt as an. a,dmittec~ equit~ and 2 ntatter of absolicte ri~ht to said JtTort~acgee, c~nd ~
; without reference to tlae adequac~ or inadequac~ of the va.lcce of the propert~ m.ort-
~ ~a~ed or to tlie solvenci/ or insolvenc~ of sard .1~iortga~or or the defendants, and such
~ ineome, profits, rents, issues and revenzces shall be applied by suclt receiver accordin~ ~
~ to the lien of tlais mort}a~e and the prc~c~ice o~'sucla court. , ~
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~ Wrtnee~ Whereaf, the aa~d JKort~a~or hereunto aet~ h,~8 hacnd ~~cnd
. seal the day and year fLrst above wrttten. ;
9i~ned. Sealed and Dellvered in Preaence of: ;
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