<br />83-t~t~d33.i~ 4.
<br />,dditionat advances;. or in ttie event the Mortgagor should sell, either outright, by land-
<br />contract, cy laas~s purch3s$ agreements., or otherwise, ar tide thereto should otherwise:
<br />ua,~cme vested in persons other thin-the Mortgagor; then the whose indebtedness hereby
<br />secured shall thereupc.:r or at"any time ther$after, at t"hc option of the Association, become
<br />~nrnsdiately due ::, d colieetifaie without further notice and this-tortgage may then be fore-
<br />:-Nosed tc rarover the- ame; wi~,`i, in#erest thereon, a# 19 °~ and ail realonabfe costs
<br />.inn expenses qP suit;taelud~i:rg~tastracfiing ar title search fieos. Rcceptance by N!ortc~agoe_
<br />cne or"rncr2 ins'alinvent payments an the indebteuness secured hereby subsequent to any
<br />~. .~r change is owrte,r^ship=o- passes-ion ofi said real estate-, or any part thereof, as
<br />p"cviderJ; as ta.which mortgage-has not granted its written consent, shah not
<br />:itute a-tiraPVer of 1~"~rtgagae's option 'to accelerate the whole indeb#edness hereby
<br />^r:ct, whf-Ch gption may be exercised by l~rtgagee at ary fitme. Pte def ay or vmmission of
<br />?ogee to exercise any right or option aeruing upon any default snail impair any such
<br />t •ar opti~h, or shall be.oonstrued tc be a wai~~er of ar.y such default, or an acquiescenee
<br />ing and euery option and eemedy :riven av this Mortgage tc the f~artgagee.may be exercised
<br />:, ti m$ to #ime.as often as may he deemed expedient tc r~~:rtgagee.
<br />i?rouid$d further tha# in the event of default to the performance of any of the-terms
<br />.~r;d coaditians of-this Mortgage, tFie ivote secured b•~~ thi, ~~rtgace, or any other notes for
<br />~adi#ianal adva~xces, on the part of the Mortgagor, the Association =hall be entitlzd to the
<br />.,.aic-:dilate prassession of the premises above describeG, together with all the rent, revenues
<br />{d neY7rne, inctuding any land contract payments due the i~~rtgagor or any other incomes of
<br />stp type vFhats©ever, to l.~e derived therefrom, and said Associat"ron may, in its discretion,
<br />- ,-.~ the-: r'$at5. 5~ far as it ile$m5 necessary T?r Thv' purpose et making r-epoi rS Upon the
<br />~za;s2s, arrd for the payments of insurance Uren?iums, taxes and assessrr~ents upon said
<br />€emises, and for necessary expenses incurred in renting said premises and coilectina rents.
<br />urefrtrzn, and tc apply on said note and notes and agreements for future advances, until
<br />irade6#edness Secured is futlp~ paid; but said Assocaticn shah ir, na case be iia6le for
<br />failure to procure tenants, to calie~ct rants, ar n prosecute actic,~s to recover
<br />;e5sioa of said aremises.
<br />i:~+:cu#ed this 17th coy of January +`$3 .
<br />., ~. .
<br />-...5l~'i tjh l-fA~4 ,
<br />rin this 17th dozy ;f Jdnuar,~ ,i9$3, before ^~, :: ;votary Puz:;iic in and for said
<br />:.zni~y , parsana± 1 v cams the :!Goya named R~ERT NINf~iAN ANO VINCENT 1. d©WQING, general
<br />FartnerS to me w.vli known to be The :ndentical persorz5 whose name 5
<br />ar'e'~~af f i xed to the above '`9or#gage as grantc+r 5 and dre __severa i i y <~ know f edged the
<br />?;;iLf .instrument and. the ex$cutitan th$recf, to be their vuiuntary act and deed.
<br />'~ii7NES8 my head and Notarial Seal, the day and year last above written.
<br />~.
<br />'dorary due; i<~ ~'
<br />'y cc+srmi ss f iit3 expires car, the ° .2 day of Vic,--,,,a,. ~_, ! 9_ ~ 3 .
<br />~~
<br />~ ~c+nap~mr•~.~wr,,,~,,
<br />
|