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83003238
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83003238
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Last modified
11/19/2008 1:32:25 PM
Creation date
11/19/2008 1:32:25 PM
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DEEDS
Inst Number
83003238
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<br /> <br />In the e\'en~ the Property, o. any part tbif~~:, shall be tak~n by eminent domain, the Mortgagee <br />. w;";rn may be paid for any property taken or for damage!! to property <br />- . .compensation,. at it;; option, either to a reduction of the indebtedness' secured <br />Irty:so ~d. <br /> <br />15 oftbe elIHneehereof, llI'Id upon Mortgagor's default in any \,!ovenant <br />to&ecured by\ tl:tis Mortga.gff, the Mortgagee-shall <br />to l(tlately dUe and <br />p;ly.able .u1i may com_me f(ftCh)$utlil of this Mortgage by iudiclll1 prol.,>eedinp; and, .P~vided further, tbat upon such . <br />Y Ii court, :ma...v at its option and without regard to the adequacy of the <br />~ eol~et Uit'! rents, IssUtlS and profits therefrom and apply them <br />. n_ to the C<l$t ,t)f edlectlon and opention of tUe Property and then upon the !ndebtednll'Sll ~d by this Mortgagee; <br />liaid ~, i_Ueil .and profibl oolni us:tped to the M.ort~e as further Sf!eurity ro!" the payment of the indebtedne.ss <br />-.mi b~, <br /> <br />Ul. 'l"ranster of I'Mperty. If all or any part of thl'$ Property is sold or transferred without the elC~ written con. <br />~ of tb.Mortc~P. Mo~ may llt Us $Ol,e option, dlcclare all aums secured by this Mortgage to 00 ItIlmediately due <br />aad payali~.. <br /> <br />11. FUMe A~ Upon reqUlI$t ol Mortgagor. Mottpgee may make additional and future advaneel to <br />MorttlllO.', Such. IldYlm~, with inteltit Ihl!reon. :mall be seeurod by this Mortgage when evidenced by promissory notes <br />lItMJng !.bu $lUd notes Ilre lIeI::\I~ hcn>by. At no Ilmll mall thE' principal amount of the indebtednelli secured by this <br />Mort,pll!. n~1)t inelludi:n#:sumllll~ U:) pl/'Qteet the ~urlt:y of this Mortp.ge, exceed the original Note. <br /> <br />1 :!.MiIIceI~ f'tovisions. <br /> <br />fal An", f~.~ in l'Xen;ISlllC any right or n;~y llhallllot be II waiver thereof, <br /> <br />ifI>>i All rolnli'diM j)rovllied ht!reUI :an> dilllll'lct Il.Ild c:umulativl! to any other right afforded by law or equity, <br />llIui m.ll)' be I'x~f:(m(:ultt'ntly, ind1!'l"'l'ldently or SUCt:euiVE'ly. <br /> <br />lei 1'be C'll"IW'It..~ and a~menl.s N;lntllmed h"n>in shall bmd, lInd !bE' ngbtJ; inure to. !be !"E-spectlv!! <br />~Uteel!llOn and IImgJu of till' Mon.peor and tbe MonK~~. <br /> <br />Ild, All oo1lt!!ltant:!.ed ~menl.$ Ol!b.f Mortgagor an' !OIDt lInd M'VE'flIl. <br /> <br />lit'} '!be lM'adinp of !bll p&mIrapl'll> of llus Mmtpll" am for cOl1l1enil!oce only and $hall not be used to inter. <br />pft't lJol' .rimr !be proVUiiOl~ twrnof. <br /> <br />1 a., llU!le.... VplJn p,l)'lm'nl of 1I11 lilllm S<<><:U.nd h)' thiS Mortg., M<.lrtpfet!' J>billll dlsd.l.lll'lt!' thi:s MortPllllllnd <br />Slalll!ll.lf!!!O:lIih1' ~ lSt'li"t'f1 umfll:Cto;:y wl'll_ themfor, <br /> <br />IN 1lJll'rNRSS W1U:a.WF" MortNt,r hMI1Il.K'Uu>d ttus Mor~on <br /> <br /> <br />19..83...., <br /> <br />~rro....t <br /> <br />StaR of NiellM"ll18Ul, <br /> <br />!J&: <br /> <br />OIn this day Qf 19.83_. berom me, the undersigned, a Notary Public <br />ijQ)y ~llkmeI:llmd l1I~fie<l futMldcmllnty, I"'~~' c.amt." _ ijc;q a 1 (J f; B i RhOP an!i....Del H::IP Hi ;;.;h0p, <br /> <br /> <br />to me !mown to bl1 the <br />~Il .~ ;!iubtieribed to me fOTegoililg illl>uument and atlWowle~ the elC~lltioll thereof <br /> <br />ltolW'l~ att Il.Ildd~ <br /> <br />'tiObe <br /> <br />
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