Laserfiche WebLink
i <br />IT I5 1~URT~ER AGREED; <br />l,. T~~aat-if the said Mortgagor shall fail to pay such taxes <br />levied upon such real property, the Mortgagee, ifis <br />successars or assigns, may pay such taxes and the sum <br />sa advanced.,. with interest, sha11 be paid by the. sac€ <br />Mortgagor and this mortgage shall stand far security' <br />of the-same. <br />2. That failure to pay any of the said money, either <br />principal or interest, when the same becomes due, or <br />a failure to comply with any of the foregaing agree- <br />menu, shall cause the whole sum ar sums of money <br />herein secured to become due grad callectible at once <br />at the option of the Mortgagee, its successors or <br />a signs. <br />3. Ira case of a foreclasure <br />of its. provisions, a rec~ <br />collect rents, issues ar <br />real estate and proceeds <br />or profits so callected, <br />secured hereby. <br />of this mortgage under-any <br />~ivor may be appointed. to <br />profits from the mortgaged <br />from any such rents, issues <br />shall be applied an the deed <br />4. Th.e Mortgagor will have the privilege of making pre- <br />payments on the principal of the mortgage debt without <br />premium, as provided in such note. <br />DATED this day of ~1~'~'.~,,~J.~+~,.,y~ , 1982. <br />MERC'F~iAANTS DEVEZOPMENT CO. , <br />A Partnership, <br />,.-~ ~ ~ <br />Alvin P. Alms, Partner <br />~,, ;,.,~ <br />Bernard L. Batten, Partater <br />~~' <br />~o~~alu L« ,1..' :zaa±, Partxaer <br />