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76000169
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76000169
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Last modified
7/14/2017 1:45:32 PM
Creation date
9/16/2014 9:40:54 AM
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DEEDS
Inst Number
76000169
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f!r • <br /> s .1611):41t,); X - <br /> 00• <br /> •.. , <br /> S <br /> pY U <br /> 1 i <br /> ' <br /> r t rt <br /> C L <br /> 4 . . _ . <br /> r,p . <br /> -- ..,,..ar_..._......._ ._ .........,_.. ....._—. ......_..,..,.,r .,•.,..,---- .—.--. ,. <br /> That in case of failure to perform any of tile covenants herein , the Mortgagee may o on a W o . gor s eall everything <br /> so covenanted : that the Mortgagee may also do any act it may deem necessary to protect the lien thereof: that the Mortgagor will <br /> Ahs -+ : repay upon demand any Moneys 'paid • er- disburiied by the .Mortgagee for any - of the abovepurposes. and such moneys , together:with <br /> Y l - <br /> interred- -thereon ' at the .:rate" provided in aaidnote -slistlbecome so much additional indebtedness herebysecured and may . tri- G <br /> x eluded in anY' decree foreclosing this mortgage and be paid out of the rents or proceeds- of sale of said premises if:: not otherwise• : , <br /> paidi that it shall not be obligatory upon . the Mortgagee to inquire into the validity of any lien, encumbrances. or claim in ad- <br /> vancingcmoneys as: above° -authorized.. be ! nothing herein contained - shalt be construed as .requiring: the Mortgagee to advance any <br /> .a <br /> moneys-tor any eiyeh .iiurpose nor toile shy act hereunder: and that Mortgagee shall not incur any personal ,liability ,becausa of any - r <br /> r thing it array- do oromitto .do hereunder: <br /> t <br /> ° In the event of the default by Mortgagor inthepayment of any installment, as required;by theNotesecured hereby. or <br /> 's <br /> in theperformanceof the obligation in this mortgage or in the note secured thereby. the Mortgagee shall be entitled to deilare the <br /> h debtsecured hereby due and payable without notice, and the Mortgagee ahall , be entitled at its option , without notice: either by itself <br /> or by a receiver - to be appointed bythe court thereof. and without regard to the adequacy of anyysecurity for the indebtedness se- <br /> 44i cared hereby, 'to `enter upon and take posltes ion er the • mortgaged premises, and to collect and receive the •.rents: issues• and profits <br /> 1 thereof,: and' apply the same, less costs of "operation and collection, upon the indebtedness secured by this mortgage; said ; rents, <br /> issues and profits-being ;hereby assigned to the Mortgagee as further security for the payment of all :indebtedness secured .hereby. <br /> �fi The Mortgagee: shall have: the : power to appoint anyagentor agents it may desire for the , purpose of repairing said prem- <br /> ``t. ises: .renting the same ; collecting the rents, revenuesand income, and it may pay out of said income all . expenses incurredun rent - <br /> • <br /> ing . and managing . the. same and of collecting the rentals therefrom.` The balance remaining, if any, shall be applied toward the • ' <br /> discharge of the mortgage indebtedness. This assignment to terminate and become null and void upon . release ofthis mortgage. <br /> it t • r. - <br /> jb:L0PL <br /> f <br /> • <br /> . 2 t _ - _ <br /> • • 7G I -�_ <br /> ; C • <br /> ` al• t er o �C3 <br /> = t 2 ; . lc <br /> m . <br /> • <br /> ocn m • <br /> nm , s . .. <br /> r. ._ , <br /> �. y7e - - <br /> 4 <br /> s . <br /> � .Y € ,` - <br /> . - <br /> P.,: - • t . <br /> r � ,. . . .. <br /> Lam .. . __J . . <br /> e3 <br /> . '`.�. <br /> - _ . .. <br /> I <br /> -- - - t � i r <br />
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