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!i~ PHUIi l`I IHI il ('l KITI HI KI OI .\1OK11;:1GUR ("U\'l \A\IS :~tiU A(~RI 1 S 111 lu kr.p .~td prrin~,r. m.urcJ ag~in.t Ilft' JIIiI ,ucl~ u?h~t
,:.~.,~IUr, ~hr ~~Uii~;J~'CC fll;l) 1j~Ci11)'. UF) 10 thr lall ~~lur ul all ~n~pn~~cmrrn i~~t ihc prutr.uun .>f \turtK~g~•r in w.h roa~u~cr. ~n w.h ~m,wnh. ~nJ u~ wrh
.~>n~pan~r. \lufleeEt. rna)' Ifum utnr W Unk appH»r, and lu krrp Ihr puhcx+ thrfrl~~t, pr~~Exrl~ rndu„xd. un ~rpu~~~ u~il~ !11u~1g~!re. ~nd lhal !u~.
E~~~~.rcds 11..~ r~{knvs uf culle:l~uo) ~Aall, al \lurtgsgrr's opUun, tx appl~rd un ~eiJ indrhteJnec,. ~hrih~r dur ur nut ur t~ lhe tt.turoti~~n ul vK1
~::~~n~vrmrntti. In cvrnl of loss !?lurtga~ur will g~vr immrdirlr nulicr by mril tu th~ \IuriKagr~ whu m~y makr pnK~l of lu.. i( nut madr prumpll~ by .
~t~~rteagur, and :s.•h in.uranrr rumpany ronc~m~J hc~~by suthontrJ ~nJ J~trrtrd !u mrkr p~~m~n1 fur ,urh lu.. dirc.lly t~~ \iorl~ag~r ~n.lrad uf
~i„rt~;?~~~r. 12) ~Iu pa~ ~li ta~c, and ~{xcial aix~.mrnh of :?ny kinJ that ha~r brrn or may tx kwrd ut a.+x.~rJ upun w~J pr~mi.r+, ur an~~ pa~t thrr~of. 13) In
ihr .went of drfault hy Murtga~tur unJer Pur~raph+ 1 ur 2 abuvt. Mortgager, at ilc optiun Iwhrther rkrtink ta Jr.larc Ihe ci'hulr ~ndrhl~dn... ;e:ut~~~ hercb~
fu. end c.~lk.liblr ur nutl, may 1a1 rli~rt thc in,u~an.r dhOV~ providrJ fur anJ pay the rrawnablr prrmium~ anJ ih~rg~+ thrtr(~~r; Ibl pa) ~i! ~id ta.r+ artJ
.,~.r+.nxnls withuut drtrrmining ihr vahdu} thrrrot, and Irl pa~ .urh I~rn. anJ all wch d~~butumcnh ~h~ll tk darm~d a patt ~I thc indrbtrJncs+ x.urcd hy
ihi. ~torlg~~tr and shall br immediately Jue and payable by 'dottgaEor to ~lottgagzr. 141 To krrp the bwldin~. and uthrt ~mpru~rrntnh no~~~ or htrraftrr
rrr;ird m~ouJ .undition anJ rcpau, nW tu :umm~t ur wfCrr rny wa,tr or rn~ u.r uf ..~~d prrnu,r. .u~lr:+ry tu rr~trirhon rccurJ or ~untran to I~w~,
~r.i~nanir~ ot rc~ulatiun. of ptupcr publir rulhority, an~ to prrmit Sla[I~a~er 'u rntrr ~I ~11 rra.onablr Um., lur tM putpu~r of ~mprcting tF?e premi.r., not
<<~ rrmovr ur dcmoli.h any building thercun; to rumplrtr Nithin Onc Hundrcd Fight~• ~ 1N01 L)ay+ or rc.tu~r prumptl~ and ~n a goud and workmanlike mannrr
.~~,y bwlding whKh may br cumtru.trd. Jrmag~d ur de~troyed thrtrun rnd to pr~, uhen dur, all clrim+ tur I~b~r p<<iurmcd and matrnnl furni.hed thrrefor.
i~ i fhat Ihe time of paymrnt ot th~ indeAte:lnr.+ hrrcb~~ +rcureJ, ut of any porUun thercof, may Ix ~~trndrd ut renr~crd and :~np pu~tion. of Ihe premice+
h~rcri drsrntxd may, w~~thout nouce, tx rcl~axd f~um Ihr I~rn h~rcuf. ~.ithout rclr~~mR or affr.lmE th. prn.mrl hability ut eny pcnun or rutpuraUOn for the
p.~~ ir.rnt uf .:wid iodebtednru or lhe lirn of th~s ~nurumrnt upon th~ rcma~nder ui .aiJ prcm~u. for thr full amuunt ul ~aiJ InJrbtrdnr+s lhen rrmrining
~nE~.nd, and no :hanKe m thr ounanhip uf vid pnmi.r. .h~ll rclra.~, rrducr ur othcrwi+r aflr.t ~n~ +u.h Exnunal 6abilrty un Ihr I~rn hrrcb} ~reahd. 161
I het h. i, sri~rJ of th~ prcmiK~ m frr wnplr anJ ha. ~~wd ~nJ lawiui ngh~ to .~rnr.~• Ihr vm~: ~nd th~t h~ J~x. hcrcby lurr~rr uarranl ~nJ w~ll furr~•rr
.1~r,~nd thr litlc and posxssiun thrrcuf aga~mt th. I~uful cl~im. ot an} ~nd ~II {nnun, ~~hat.~xvcr.
I 1 IS ~1l'TUALLY AGREED THAT: ( I I If th~ s.~id Mortgag~r shall fail or nrgkct Io pay imtallments on said Promiswry Not~ or un any othrr advanre or
~~hlix.~tion Wh~ch ma)' tx securrd hereby ac the .amr m:~y h~reafter beromr dur, or upon drfauli in ~rformanre of :uiy agrcrmrnt hercurxlrr, or upon sak ot
~.~th~~r di~pu+ition of Itx ptemises by \tort~gur, ur should any artiun or prorrrding be fikd in any cuurt to rnfor~Y any lirn on, claim :~ainst or interest in the
~~rcini.ec, th~n all wm. uwing by the \lorlp,:~gur to thr ~lurtga~ar undrr this htortg~e or under thr Promis~ory Nute krurcd hcreby shall immediately become
_iur dnd payablc at the option of lhe ~tottgagcc, on the appGrauun of thr ~lortg~~ti, or a.,ignee, or any percon who may Ae enhUrd to the monks due
th~rci~n. In wch erent the Mortgagre shall havr thr riRht imm~dialrly to forcclo~ Ihis Nortgage arcording to law• for the collrction of the uhole amount of
;ht indebtednesc and interest thereon plus nawn~bk ;+tturney'c kec rosts allowed hy !aw ~nJ •rny amounts advaneed pursuant to this Murtg•rge.
1'1 ~tortgagor agrres to wrrendzt possr~sion uf thr ~]r~rmabu~c Jrscnbrd prcm~,r. tu thr Purrhaxr :~t [h~ al~~rrw~d ~Ir. ~mmrdiatcl~ aftrr wrh ~Ir. in the
~ti~•nt such poc~cescion hic not previously bcen surrcndrrcd b>~ \tort~aKUr, ~nJ li~r failurr t~~ wrren~rr pu>.r+s~un, u~ll pay tu Purcha.~r th. rca+unrbk rrntal
..~lur ui thc premisrs dunng or aft~r Ihc rrdrmptiun prriuJ.
i~i In the event said premises are sold by Mortgagee, ~fortgagor, a signer ot the F'romissot~• Note, shall be liable for any deficiency remaining after sale of the
~rcmixs, and appliration of the proceeds oF said sal~ to the indebtrdness secured and to thr expenst s of conducting said sale, including attorney's fees and Icga!
c~ pcnses if alloWed by law.
i41 Whenever, ~y the trrms of th~s ~nstrument, ,lortgagre is giv:n ~ny opuon, wch uption may be exerc~xd when the right accrues or at any time thereafter,
~rd no acceptance by Mongagre or payment of indebtedness ia default shall constitute a waiver of any default then existing anJ continutn~t or thereafter
ar~ruln~.
i5J If ~lortgagor ~hall pay said Promicsory Notr at thc Ume ~nd ~n ttte manner afu~,said and shall abide by, comply with, and duly pctform all the covcnants
,~rd :~reements henin, then thic ronveyance shall br null :?nd vo~d and A{,~~t~a~ee will, w~thin thr statutory penixi after writtrn demand therefat by
~turtg~~or, execule a release or salisfaction of this Mori~,age.
~h1 Nutwithstanding anything in this ~lortgage ur thr Promissory Not: srrund hereby~ tu the contrary, neither this Mortgage nor said Promissory 1~ote shall be
de:med to imposc on the Mortgator any obligation of payment, excepl to the extrnt that thr same may be legatly enforceable, and any provision to the
~~_~ntcary shall be of no force or effect.
411 \tortEagon shall br jointly and srverally liable for fulfillment of the[r covrnant~ and ~,reements herein contained and in said Promissory Note.
~ x~ li any De'vtor is a married prrson, he repreknts and warrants that this instrument has been exrcuted on his behalf, and that he has not executed the same as
~uret~~ for another.
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~ ~ E arh of us, whether Principal, Surety, Guaiantor, F ndorx r, or othrr part~- hrreto, hereby aaives and renounces, each for himself and family, any and all
; i:n;nestead or eremption rights in the ~roprrty conveyed hereundrr, rither of us have under or by virtue of the Constitution or Laws of any State, or of the lJnited
~ ~=.~tes, or any nght m thr nature of dower or curtesq, of any statutory suhstitute therefor as against thic debt o~ any renewal thereof.
~
`r + 1~n In the event the !ltoctgaeor(s) ttansicrls) the ~~wnership ~f the said premises, or ~ny part therrof, the entire unpaid balance of the debt secured hereby shall
~ r,~n;.diately becume due and payable.
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SL LUCIE CG~'ti i Y, f L.
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