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84001763
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84001763
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Last modified
11/18/2008 10:45:24 PM
Creation date
11/18/2008 10:44:34 PM
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DEEDS
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84001763
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ssa come srs to +t! <br />84:~ 0n1"l6v <br />3. The mortRaaor covenant. and aarca that i( hr shall (ail to pay said indebtedness or any part thereof when <br />doe, or shall sail to perform am covenant or aKrremrnt of this instnrment or the promissory note secured hereby, the <br />atiro indebtedness hereby secured shall immediateh become due. payable, aaJ colketible without notice, al the <br />option of the mortgagee ar assians, reKardless of maturity. and the mortytagee or his assigns may before or after entn~ <br />sell sad properly without apprai•rment ~ the mortRaRor having waived and a~isnrd to the nrortRaRte dl riphu of <br />appraisement 1 <br />t ! at judinal as lr yursuam to the ynrvieions of 2$ I-.~.1.. 2W 1 ~ a i : m~ <br />1 tt t at the option of the mortt{aaee, either by auction or by wlieiutioa of aeakd bide, for the hi~rest fled <br />beat bid complyiap with the terms of sale and mamer of payment specified in the published aotioe of sak, Ent <br />Riving four week: notirr of the hmr, terms. and plarr of such .ale, h+ adyrrlisenunt not le•w than once <br />dtsrios each of acid four weeks in a newspaper published or distributed is the comtr is which acid ptropeny <br />u situated, all other nWice brine hereby waived by the mort~aEor land acid mort6aUee, or my paraott tm <br />behalf of and mortda6ee, may bid with the unpaid indebtedner evidenced by aid note). Said wk ahdl be <br />held at or on the property to be wld or at the Federal, comfy, or cite courthatrae for the toasty in which the <br />property is located. The mortpfee is hereby authonsd to ca«ute for aar on behalf of the ttrort6a~er and to <br />deliver to the pnrchaser at such sak a sufficient romeyanee of sad property, which eoareyanee shall t:aatttia <br />recitals u u the happminR of the default upon which the r:«ution of the power Pf sak herein 6eatstai <br />depends: and the said mortttaEur hereby ronatitutes and appoints the oort6aaee or any aUSPt or atttusey of Iha <br />monpRee. the a~cnt and attorney in fact of said mortRaRor to male andt rcdtak and to eaeeute sad <br />eonreyaaoe and hereby coreaaaw sad adreea that the reeitak ao made shall be eQeetwl to bar all equity or <br />riltbt of redemption, homestead, dower, sod ell other rsrmptiort. of the nre[IaaKo-, all of trhieh are herohy <br />eapreasly waved and ronvevrd to the mortaaare: or <br />w i u-r any other Yypruynatr aruun pursuaw to artr ur f rdenl sNpHr either in states ur Fedrra) <br />.-meet ,u othrrwrae for the dupdiUUn of the pmprnv. <br />le the event o(a sak as heroinbeforc provided, the mottaa6or or my petaoru in poasarioa order the tnort• <br />R+rttot shall then becootr and br tenants huldina over sad shall forthwith deliver possession to the purchaser at <br />wch sak w 6e anmtwarily dispoa•ewJ, in accordance with the ptoypiues of law appticabk to tenants ItahtiaK over. <br />The power and agency hereby Knitted are cuupkd with an iatereN and are irrovoeable br death ar utherwirr, sad <br />are 6raated m eomubtivr to the remrdin for rolkclion of said indebtedness provided M Iaw. <br />4. 7Le ptoceeds of any uk of said property in accordance with the preceding paraRapha sha~dle applied inM <br />to pay tM awU astd tapewaea of said wk, the eapenaea incurred AY the mortRaRee (o-Ilae ptarpaaaof ptataetittp or mais- <br />taiaiaa said property, and reaaonabk attorney: free, secondly, to pry the uuirhledttnn securer! hrrahy : •nd thirdly. <br />to pay soy wrp-w or eaeer Io the person or perrona Ira-1Iv ratitlyd !hereto, ` <br />S. la the treat acrd property is sold u • judicial for«lrrure sak or punwnt to tha powr d lark heroinahore <br />tlraated• atad the proceeds arc not sofieieat to pay the total indebtedtuas areurod 67 thin iwtrnasetat red evidenced h <br />said ptwainxy Date, the aaortRaEec will be entitled to • debciency judpttteat for the aatauat ref tha daftciancy asit6ortt <br />'o1r1 M <br />6. la the evtra the murtRaRor falls to pay auy Federal, state, ur local u- as•esanent, iucowte la: ur other laa <br />lien, ebarsa, lee, or other a^petrae charged ssattW the property the mortpapce u hereby authorized at his option w <br />pay the acne. Any stw w paid by the tnortKagee shall be added to and become a pact of the principal amount of the <br />indabtedneaa evidenced by .aid sou, wbjeet to the saaac terms and coaditioaa. If the tnoh~or shall pay and <br />dirharUt the indebtedaeaa evidenced by sad promitwry notes sad shall pay web sums and shall diseharp all <br />talus aid Uwa and the oaatt, (efts, and eapeaaea of tna-iad. enforcing, .nd a:«utiag thin mort6ases then thin mortpape <br />•ball M eaanW and wrrrdwad. <br />7. Tha gtrearmL herein coatartred shall bud and the benefiu and ad. urtagr. dull miser Iu Ihr rvsprcti.r sur- <br />taran and ttaaytas of the parties hsrota ~healeyer used, the singular number shall include the plural, the pltrral the <br />aittpJar, ford tha ma ei any alb shall inc-rrde all geatden. <br />U.Ya watrar of uy eovetaaa/ 6etaa or of the obligatiaa secured hereby shell tt any time therrwfter Ire hr-d <br />u ha a wturar ttf the urtas haven! or of the two secured hereby. <br />4. A jtadiaial dttaraa, order, er judpoent hotdiug auy provwuu ar yurUmr u( dti. iwuntnent ruyaliJ ur uacu- <br />fateaahls shall as in uy ay iatpair ar pretlade the enforremtnt of the remainintt I.rovi•iurw ur IwrGuro of this <br />1nrf~t <br />K Atq wrMwn tsatise t. w imuad v tbs aaortgagor ptrrswrtt b the provwcaa of this iaatrtrraeat shall M ads <br />drri~ fA UM larflUyar M <br />arad ..y writtsa aaties m M cawed to tM mortpgea .hall <br />M aMrwad w ties itaaatUgaa re <br /> <br />
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