|
<br />6'" Time i:~.'., the &'5SenCe hereo.f l' and upon Mortgagor:O s
<br />defaul tin anyeovenant Of' agreement, o'f thi os Mor'tgage,
<br />i nel udi ng covenants to pay ,..hen due the 'Sums secured by thi s
<br />MortgagE', the Mortgagee shall be entitled, at its sole option
<br />and without notice, to declare all sums secured by this
<br />Mortgage, to be immediately due and payable and may commence
<br />foreclosure of this Mortgage by judicial proceedings; and,
<br />pravi ded fLlrther,. that upon such def aui t the Mortgagee, or a
<br />,-eeei ver appointed by a court, may at its option and wi tnol.lt
<br />regard to the ade,uacy of the security, enter upon and take
<br />possession of t,he Property and collect the rent~" issues and
<br />profits therefrom and apply them first to the cost of
<br />collection and operat~an of the Froper'ty and then upon the
<br />indebtedness secured by this Mortgage; said rents, issue$ and
<br />prof 1 ts bel n9 ,:,s5i gned to the Mortgagee as further sec:uri ty
<br />for the payment of the lndebtedness secured hereby.
<br />
<br />7", If all or any part of 'the -Pt-operty is sold or
<br />transferred W1 thout the ",xpress wri tten consent of the
<br />Mortgagee, Mor"tqagor may at 1 ts sole option. declare all sulllS
<br />sIi?curE'd by thlS Mortgage to be lmmediately due and payable.
<br />
<br />8 * ;;ny
<br />.gh,f;tll not be
<br />
<br />rOf'et)earance If! el<erci51ng any right or remedy
<br />.if. wan ver thereof..
<br />
<br />7.. All remedies prOVided hereIn are distinct and
<br />~:L.ift~.d.$tl\!e to 2..ny (..)ther r-lght: ~+fay'ded by law or eQuity~ and
<br />mrtiv. bE:'!' exercl~;e-d conCUFt-e-ntly, lndependently or successively..
<br />
<br />10. rhe covenants c<nd ,~qr'...ements contained herein shall
<br />tn,nei-. ~nd ail r-lgtltr.i- inuf-~.J to~ t.he r-espective successors and
<br />~sslqr\S ~)+ l:he Mortgagor and the Mortgagee.
<br />
<br />11" All (:oven"-'-.nte dnd dqreements o-f t.he Mort~gagor .and
<br />the f'1(:i;" 'i<-{.H:\(F~e ,-3Tf.-~ :Ul n.t ,,-~ntj s€'~ver-dl..
<br />
<br />{",,__ ;jt;;CHl pHyrnent oj} dll S~_\ins ':~;:;ec.ur-ed OV thiS Mortgage..
<br />Mor1:~~qee stl~lj discharge ttllS Mortqdge ~nd shall execut~ and
<br />Jellver d s~tlG+dctory reled~~ th~Fe+or.
<br />
<br />an
<br />
<br />tN WI fNESS WHEhEDF~ f"10T'td{..'-\Qur h.rt~ {??:ecuted thl$ Mortgage
<br />the _._l~t.~ d~y di _.(.&~-.t~.~_~~~ ~ 1'7~2"
<br />
<br />
<br />
<br />"
<br />
<br />l{~/l/. ___ .:~/ ///' ..-.1L.-_
<br />'~47.'~) - - j-f:J '7 ---U-
<br />_~ll~_j_i 17,-Drup--~ .. __
<br />
<br />COu''f''{t V ss.: '-.:
<br />
<br />STATE wI' 1'.jE13RASi<.':'.
<br />
<br />HALL
<br />
<br />,~'
<br />"'-
<br />
<br />l'''il>tr'u",,,,nt ....... dckno...ledgtld be'fore me t.his
<br />by .~.~~- _U-.-__L_._-~_,t~''',,.(c:'1 e".., ~,c{ f.~-
<br />
<br />lhe ~Or'egol."'{,.I
<br />,:;.'t::[,-"..",_'~. ! '7]:'
<br />_:r:"'_L~L,_ h f\J,,_.,B\!'''r<';-'-
<br />
<br />_ _"__~"__ !~.~/<-'_ /'--~r.:7> ~.,..s~ ~.
<br />--_.'t.-~_._"~.".,..~~-......------~~ ---
<br />Nct~r-'v PubllC
<br />
<br />-"'-,.,
<br />
<br /><:::"-
<br />
<br />,
<br />
<br />[.L.==~
<br />
<br />
<br /><~0
<br />
<br /> ..
<br />"'0, "'" o t,~
<br />.......
<br /> ,'......... " ~
<br /> !;~ = "'
<br /> ...., ., ,.. :J
<br />,., --l it
<br />-. \ ...... -, '., -"'(:,;s.'! ..
<br />" -I: ., ~ - 8-
<br /> r<\ I t:;.;;Tv 1:;.' ~
<br />~,,~ i-'
<br />'-' - ,- .U r .. ..0
<br />.,., r~ ::x ,.. r~i~ 0
<br />, (.r"1 g
<br />'f' ~ ..... ".
<br />~> ,.
<br /> '-':~ c:
<br /> t U"t V> r' : i
<br /> ..... '" a
<br /> '~ z
<br /> p
<br />
|