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80006985
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1/14/2010 4:13:31 AM
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1/14/2010 4:12:50 AM
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DEEDS
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80006985
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<br />~~~~G~ <br />.. ~)~.'t~.>~iu <br />3. The moryuetwr eavenanle and agrees tint if be s1taN fail b pay wid ittdrbtedtser or sta; par! tir4lbet wltrat' <br />dM. ar shall fait so pesform sny rorrnant or atEta,emen! of !bit stnlrnrnerit-or tht_prami®arv no#~ aerstrtd lY, ih~ <br />ett~se inrkbtPdrsPVe hereby aeeured shall immediately beeonte dtse;-ltwa6tr, and rolle'eti~ic~+dtbont ao6eee; N the <br />oyaian of the mongagce or sseigtts, rrgardieas oN maturity, assd~the mertgager ar his aueipu ataj:befere or aNar twlr <br />aa~ red property wiihont appraiermant (Ihe mortgagor lnviatt rra~ipd ratd.latiga~d ttr.ta,~ mortgagee aNl ti~ites aE <br />tytltraerrment i : - ~ - 3:: a F' <br />; n at ;wliriat sale purxuant to the provisions o(2i U.S.C. 2egl (a) : nr <br />(tt i at tae epUan Ot the mortgagee, ether by saetna a by sohatMwn of wA3r;~kiiy tae the ~attsff <br />best bid eomplgiag with tae terms of mk and masmtt of payaetnt speeiEadat the poaiYrhed tratieeal aM, 6ftlt <br />Riving fmtr weeks' notice of the time, terms, and place of aunt eale..bv adtrert»eiaeat aat ld4-farm otroe <br />during earn of said four wreke in a stewepaper published ae distribated k rite tx„mty is waiah tri3 pxapatty <br />» situated, all outer sealer beung hereby wsired a# the taortgagar (!tad saed mottgasae, ar u~ ptteaot eb <br />behalf of aid mortgagee, maw bid with tae unpaid ~ evidenced by said ante). Said ask shall bs <br />aehN at or on the prnprrty to 6e estld or at the Federsl, county, or city counhoaae for the eotsmty is wbie6 the <br />proprety is lerated. The ntortRagee is hereby aethorirrd to exeeotr for and on 6ehaH rA ttm rssortgagor and to <br />delirer to tttr purchaser st such sak a suf6eimtconveytoee of wig properly, whiea twateyastee sha}I r~taNt <br />:s~takt . ~ the ltsppming of the default apm wNtielt for exrention of the pnwrr of ask betels gsaated <br />depend.: and the said mortgagor hereby carwtituta and uppiteeu the marlgagee ea• r,ty agaat ax rttartaey aN tba <br />tnortgagar. the ugesst. and attortusy ie fact of said mortgagor to make stsrb retdtaL aasd Ra.. execarte seed <br />eonreyastre acrd herrdtr rormaeb sad agtexs that !Nee recitab ma made abtll 'be e~metoal to bar atl Muity ar <br />right of rrdrmptian., homesirad, dawer, sad all other Pxenspetotss of the mortxaRar, all of wraith am hereby <br />exprerty waited and conveyed to tae mortRa{trc;. or <br />i m t lalsa auy arFier~ appropriau action purxnant to state or Federal statute wither in state or Fedmt <br />raurt rsr athrrw~ise for the dispusiiion of the praprrty. <br />In the rt;cst~,nL.s.aa7a.aa.,baminaboar grovidrd, the manRa~or nr arsv person is poearasion under the monttaipor dtall <br />!rtes batiptn'd IJie,,t~ttt~~-'o~Pr atul shall forthwith deliver paascseien to tlta pureltaser ut saaah eak or be <br />snmtosrity with the provtsioro of !sw apptitabfe to tenants hvldinR over. The power <br />aael v gran are Coup r with an interest and are irrrvorsble by Berth or otherwise, sml see Rnnted <br />r eumulativP to tNte rernertim far <roile+rtion of said iadebuedsxas provided by tnr. <br />A 'tzar prooeada at away. ask at artist pa;pparty is ataere6tmms~ +riafs. the PiS t'*P~ ..Iws applied Ctrae <br />is psy tlae carts errtit ettpcxatas ml' said ask, tha. ettpanm inearred hnp Ilta ~ Nor they parpmm of prnseati~ or msia~ <br />tniaing sand properly, smt reutranabk attorneyv fees: sennodly,~ to pay the iodrbtrstnr,se xcured hcrrbyi stag thirdly, <br />la Intr any wrpltss as' extant sa site parson or peresarw I~~NNy~ entitNcd thereto. <br />5. Nn ttte crest said proparty is sold at s jadis3eN fotaekarssxr talc ~ purartaat to the posrer~ safe furazdarw' eesa <br />grimed, stag the praueeais are sat sal4eieet to pry the rota! iadebtrdoess serwrrd btr tltie iw;sirumrat and rwidratee$ by <br />rid preasiasory !tote. the ntartgagee will ba antitlad to • de6cieuey jedgmeet for tae assosmt of the dejrieney seirltonr <br />tetlr'd q apprawasmswt. <br />6. In tote rural the ntor[kaRor [ails to pay sax Federal, etatq or locsl tea awtessiaent, inawmr tax or otlmr tax Ilea. <br />chsrgr, fee. ar other sxprrtse rturged agsiast !tae property, the murtguRer is 6ercby authorized at has option m PaY <br />the attar. Aay sums so paid by the mortgagee shall 6e added to and bernme a pert of tha prittriprl amwnt ai she <br />irtdraledtar+a Pyideooed by wig sae, sulijert tit the sutnr turns and ronditissete. I( tar nwrtgugar abalp pry tad <br />d"twelsaryNa the indehtadatues evidenced by said pransisaory Hate, and sbatl pry such tuna and earn rliseharRe ail taxes <br />end ttsaq end fire cssata, fees, and experasrs of making, enforriag„ and executing this morlRage, then thin mortgage <br />eNMt11 Ore ca<tteelrarl ratd satrreuderrd'. <br />1. ~"he asrananta aeraits oaatriaxed eb+ti} hind and the baaefas tad usivaatsges shall inure to the rrapcctire sae- <br />e+arasr Gard' rm{gtaa of the panic herao. 9Y'ttanerer nand. ttte sin~gtttar aambar sbaU iarlade ehe pktral, tba plurd rim <br />siRgRtlaea+tasl[ tks ttsa rat !say gatadar rltnl'!'ittekltin aU genies, <br />"tn'tF+Firar ss?f a#t) xar%eaant 1rermin oe of t~ abligatian ae.urcd hereby slsall at say time tberr.tear 6e f.eNd ~,. <br />~ 1se r +rtaiver ad Haar rant lter.ai or ni the sale aseared harahq. <br />l~ <br />9. Lt atitaViiaoion whit aeetian l'~J.11 dl d tan Rutm and Re*ulatisana a< tlse Sasait llttdnsas Admisistertiaa (t$ <br />f..lP ~ I01.lid- )a !Iris i111pttlnan4 tr M Ira aaaeirued asd eutaeeed h taxardanate vith ypliaabNe Fetlerr! law. <br />~ ~ §udieeaTtlaaea. oadae. °; !fit baldiaE any txovisioa ar partiwt of !Iris ittNroaaent invalid w na- <br />' aaT in say way i"alrair sx psaclnde elre asstsnxmeai of the reraiauag proviaierss or portianr of <br />sae: a... ~s ~a-ass .. .... ~. <br />
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