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HomeMy WebLinkAbout1930 ~ I<~. It the indeht«lncjss seourocl hereby is now or hsrc~stte~ iurthor seoured by oht?tWI mortgabes, plodgae, aontrac~ta of a usr-anly, assignrrienis oi It~asst~s, or other aoouritia~, or it the prernisea hereby enownt~i+ci oonsiats of moro than one pt~roel, iort~a~gc~e mny at its option exhauat any ono or ruore ef said seouritiea and the seourity horeunder, or auoh parcels of the se~urity hereunder, either conourrently or independontLv, nnd in aua4 ordc•.r aa iL may detarmine. lb. Upon requ~t of hiortgagor, biortgegee may, at its eale option, from time to time betore tull payment of sll indebLad- nc~ sooureci herebv, mske further advauope to Mortgngor; provided, however, thet the toti?1 prinoipnl aeoured Lereb~+ a,nd romain- ing unp~?id, inoluding any suvh advt?neea, ehali not at any um0 e~xocx~ci l,he origt'nal ptinaipal eum seourod heroby. AS~aet~~-~s: aha2t cureoate and dolivor to 1liort~a~gee a note evidenaing eaoh and every euoh turther advattoe v~hioh Mortgagcie may mnke, auoh r,~tu t~ : e~afauls an ~ j,c~ m~t•v:~it; e? !tie ;~~eLt.uin~ ~,n~?ral hwrehy and to oontain euoh tertns as l~iortgagee shall require. Mortge~*or ahsli pay all suoh further advanoas with interest, and the same, and eaoh note evideao~'ng ihe eame, she?ll bo seourod hereby. All prornaions of thie mortgage sh~ll apply ta eaob further advanoa ae well ~ to all otber indebtedness sooured hereby, Nothing hareia oontmined, however, e~nll Lmit the amouat seoured by thie mortgage it suoh amoun6 ia inorensed by advaaoas made by Mortgagee, as hr,rein elsewhere provided for to proteot 4he seowity. Tho word "Diortgagor" , ~ ea usod in this paragraph, inoludes any auc~eseor in ownership ot the premis~. • e u 16. No delsy by Mort ec~ in exeroiaing Any ri~ht or remedy hereunder, or otherwise attorded b~ylaw, shall oparsttj u~ a waiver thereof or reolude t e exProise theroof during the continu~?ncse of auy dc~f$ult hereunder, No waivE?r by Mortga~oe ?r ot sny delault shn conatitute s waivar of or consont to subsequent defaults. No failure of Mortgageje to axemiat+ a~y opt?on herein given to ac~oelcjrato mAturity ot the debt hereby seoured, no iorboaranue b~y Mortgagee before ar atter the exero~se o! suoh option and no withdrnc~al or abt~ndonment of foreoloaure proceedingg by Mortg~ ee ahsll ba taken or uonstrued as a wAiver of ita right to exeroise euc+h option or to aoceler~te the maturity of the debt hereby seourect by resson ot any past, present or tuture deteulE on !he pAtt oi Mort~agor; and, in like manner, the proouremont ot insuranoe or the gayment o! tax~s or othar liene or ohargcis by Mortgagea shs]} not be taken or construed av a waiver ot ita rigbt to aooelerata the waturity of the debt hereby sessured, l7. ~Vithout af[eotinR the liabilitv ot Mort4taFtor or any other rson (except any person expressly releasc~d in writing) Ior pay ment of any indebtodaRSS seoure~ heraby or for per[ormance o~any obtigation aontamed herein, snd without affeating the righUs of Mortgagee x~ith respeot to any secsurity not expressly rcileased in writing, D'Iortgagee msy~ at sny time and trom time to time, either before or after 6he maturity of asid note, and wit}?out notioe or Qonaent: (a) Kalease any person liabla for payment of ull or any part of the indebtedness or for perlormanea of any obligation. (b) Meke any agreement extending the tima or othe3rwisa altering the tarma ofpa yment of all or sny parL oi the indebtedn~s, or modifying or waiving any obligation, or subordinating, modiiping or otherwise desling with the lien or oharge hereot. , ' (o) Exemise or refrsin [rom exeroising or waive any right Mortgagee may have. ~ (d) Aocept addikionsl seourity of anq kind. ; (e) Ralease or otherwise deal with ~ny property, real or personal, eeouring the indebtedness, ineluding all or any° part of the properly mortgaged hereby. i8. Aqy ~ree~neu6 i?dr~€t~• ~naus by HartE~;,r aud ~v; ;5,~~ r~:~=~_.~~ tn thiR mnrt~os~og n}e~1] be sllDeriOr to the rig~lt8 Of t,he holder of any intervening lien or enoumbrance. 19. Mortgagor hereby waivea ull ri~ht oi homeetsad eaemptaon in the property enbjeot to thie mortga$e. 2U. '~he oovenants and agreemente herein vont.~ined shall bind And thv bene8ta and advantages ahall inure to the reep~a- ~ tive heire, ezeoutore admimstratore, suooessors andea~gna oi the partiea hereto. Wherever ueed, tLe singv La number ahall ~ inolude the plural, t~e plursl Ehe singvlsr, and the use oi any gendar ehAll be spplioable to aA gendera. Ail oovensnte, agree- , menta snd underta~cings ehail be ioint and several. In the event sdditional numbered oovenanta are for oonvenienoe ineerted + in thia mortge~s followin~ the legai dasc+ription, euah additional oovenante e.hell be read and given effeot se Lhongh following thi.e oovenant m ooneeouttve ordar. Ilq ~I'8~8 ~OF~ t~e said Mortgagor 2tas ~Zt hia hand sei.~7. ~ha dqy ~nd y+~tir first abov+e writtea~ Sig~sed~ Sesl,ed aaid Drsl.ivered i~ t~e ( ~ ~ pras~nce ot' ua i A. Wor3Ay ~ c~1~-rua~.~. ' (s~,) : C~ ~ ; , , ; . . , ~o ~ " COUN~'Y OF ~ „ ' ~ ~ ~ i I$~RB~Y C~RT~,' tht~t on t,~i~ d~yy bet'ore noe: an o~f`icer duly authori~d i.~a ' the Covaty sad S#ste stforeaaid to teke ~cknoxleclgateuts porsv~ally s,ppeat~ed ~ A. 1~RI~Y BROi~N and MARY LO~T BROi~TI~~ 2xis trii~'e ~ . , „ , i to ne knvtirn to be tbe paraons describ~d in e~nd ~o ex~cuted the ~ox~eg~iiig~.~~F.~~t 4 8Xld ~Q,}I !lILt~Q101r~Q~t~ b!,lZOl''Q ]!?i.' '~14~'i ~16~I GX~U'tQt1 1Q S~bBe { ~ ~ ` . K~S my hatn eu~td oiYicial sea3. in the Co~n~r and State l~ua~~~8~ this!~~`..~ ~ ~ of D. 196~. ` .1 ` _ : ,Y ~ . I . ~ C{.~i8~d~ e~ii~.~ ~ ~//9/~~ ~ i ~ t ' •t,`r ' t ~ ~ . Notu Publi~ t~ol~alb Covmy, Ge.xpiA . , M_Y. C~a'nmissioi~ Ezgira; Feb. 19~ 1967. ~ t ~ } - h. ~ I ~ a t ~ ~ V ~ ~ ~ ~ : ; ~ : v ' i : ; A - ~ ~ s ° i ; : ~ ~ ~ ~ i ~ i i I i ` 4~. , 4 r~, i g = , ~ p ~ : ~ i ~ 2 ~ ~ ~ ;t} ~ ~ J ~ ~ t 1 0 ; = 1 ~ E1 ~ = F ! 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