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80007011
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Last modified
1/14/2010 4:21:10 AM
Creation date
1/14/2010 4:20:28 AM
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DEEDS
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80007011
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<br />- d. The nvortaagor earenants and agroea that if 6e shelf fail to pry said i:tdehtednese or any rrrt theraof;whea <br />- -.iEae. a shelf fail to perform aav covYnani or agree>rwtt of tbL iastratueai or the pramienory note aecure$ herebr~ ~ <br />- '.: iadebttdneaa hereby secured sftal! itamediately bewae dse, parrbk< and,. rolfeetibk withost aetiae, at -the <br />_ "~ sjRiep of the avnrigaty _ or axegmt, repardkss of tnshtrit~ a~ the moi'alia~c or hie ssssgna mar before et after retry <br />a[di rid property without appraiaemeat t the mortgagor freeing waived and asaigaed to thr taartsagce rll r:~Etta of <br />- _irptseaemrnt) : - - - <br />_ ... :. t ~ at jud"trial srk pttrsrtant to the praviaiott of 28 l.~.Gvs-fit t a } ; or ~ ~ - - <br />? u } at the option ~ the rttortaa6ee, either )n auction or by aotir,eation of sealed bid's, fez the hiaiteat sttd <br />hart bid at:sply~ with the terror at sele astd aasaoser of parrttest apt:edrd;s the ptilrElataad arsine of safe, fieM <br />pviag four weeks' ttotia of the tire, tetmc sad phee of sneh aafq br adrerEiaeta®t trot bw than eases <br />during each of said four weeks in a newspaper published or distribttead is the oom¢y istivltich acid property <br />is sttuated, all atLer nafice befog herrbp wetted by the mortgagor land said moe~agee, or aar person oe <br />b~alf of said mortgagor, tsar bid with the rsapaid iadebtedaeaa evidaeced Lr said aa~J. Said ask ab~ be <br />}recd at w aia the properly w be sold or at the Federal, eetttsty, or city eearthowe fm the ~7 in wtdah the <br />Pn'pr+r ~ . The a bexbr asthorird to eze~e Eor and on behalf of the ttroctgagar sad to <br />deliver is the pureharez at meh axle a stA6cidrt coavera»ee of said pmperer, which eaorerasee shalt eantttin <br />raeita4 r to the Lappaaisg of ibe deheh tspoa which the etteeatioa of the power of safe herein wanted <br />depeoiaxlee~ arryptiqur bexbr eomtitutes sad appoitru the mortsa6as ar ear agtmt a< aetatater of the <br />~ agate srsd ~ ie fast sf said taortgagar b stake ststh tad is etn~as a~$ <br />eaareyastsea and laaaaEty ewemsttts and agnxr that the recitals ro made abaEl be. rBaadaal tie bar all, erpaitr or <br />right of ttwhnmptisn, ltontmtead, dawtar, and all other exrmptlFaaa of the ttsiwtRagar, sll of which are llsereby <br />aapteaalr waiured toad cowered 'to 6he taoztgagre: or <br />€ trt! trkr tar nflter appropriate action ptrtxuant to state or Federal awxute cithrr is scitte or F'rderal ' <br />e,xyirt. or otLrrrwlre tar the di~pasitieo of the proprrtr. <br />la tba cwalml rtf a safe ar hrzeiinabost provided, thm aaertgamp. ; asr^perwm io gsdsrersian iindertLe etsrtgalpor shall <br />then income snd br tenants hoMiag over and shall Corthwtith derver poexarios is the purchaser at such sale or 6e <br />susearaaily dipagasted, fa arrordascr with the pr$rioor of law applirabk w tessera holding over, The power <br />red agr~arr hereby granted are coupled wish an interest and err irrevocable by death or otherwise, and are granted <br />n ettmulatire w the remedirs for colleetlos of erid indebtedatas provided by law. <br />4. The ptvsertEa ag mar ask of acid ptepertr is aecerdroee +.ith the <br />preceding pttcagrapha shall 6e applied tint <br />to par the e:oatr sad etltamaaef said eels, ekeepeaass isrurred by the ntortga~ for the pnrpase of ptaReeting or maid. <br />iaiffiuq said pxssperty, and tY,aaxur~r attorrsrys' fc .: sentndiv, w pay rite iade6trdneaa .erurrd haaeby« and thirxfiy. <br />~ par giro strrlc!•aa t~ to:+eeav to t~ pezaen or prraorts legally antitfsxl thrrrto. <br />,ri. E~ the avm¢ raid pzopsrrty is sadtl N a jadtaid 6orrxloartra sale or pttrasast to flee powor of ssk hereisabare <br />gtaaerd; sad tfte ptrooer~ sty seo+t ~ !e pay the tmtal' fnde~ srrurrd Ly thix itsserattxest attd evidextead Lr <br />said ~r traloµ tL€e aaxs~tgsgse wifi 6a mtitLrd to a dr.9fiet~esry jttdtpaeat for the antosatt ad'tha daj~w4fetsertefaCtaat <br />tts~ra. <br />f.. In the Brent the mortgagor fsila to par ens Federal, state, or local tax assessment, income tax or ocher tax Tian, <br />rhatge, ter. ar other experae charged agaiaq the property. the mortgagee ie hereby r-ttharized at his option w pry <br />the safer. Aay ser>r b paid br the merctgaRea ahrU 6e added w and lteeome a part of the priwapal amotmt of the <br />isdebtedseat evidcared by said nose, subject to the same terms and roa~iitimts. If the mortgagor shall pay and <br />durltarge ihr indrbtedneu cvideaard Fry acid promissory note, and shall pay such some and shall dixharge all taxes <br />sad -lisats ate abe costs teas. and rtpanrr of matting, enforcing, and YxYSUtiu this mor a <br />shall bs rarweled sad ettzreadered. g tR C,e, then this mortgage <br />7, "f',las crrtetsaua herein atetaapmd shall Lied sad the baaefib red adrantager aluU mere w the respective ute• <br />osetwra sad aaaigw ai' tlta parties berate. ~6eaetr wed, the sittgMlar nam6er shill issLtale the pltrrd, the pbual the <br />aia~Leq, affil Eia oaaaf asr gsrsdar alraEi iaalode all gandua. <br />'hfo wairer ad say eavassaru 6ereis or of the obEigatiaa reared ltesebr shall at asr time theredter be hdd <br />b be a wygv$ of tEte terara heraat or of the sale sateted. Letelty. <br />9 la ~ with as~iw 101.2 f d j ~ cite Rake and ftegulattetq of the Stroll Besiaeas Adatiaistntios [ IS <br />~*''°.~I13 j:-iirigitrAnrertM it to Est oe~tMrtsed and eaforaed io aeasrdaaa with appiieaiek federal law. <br />~ .~ kl ~~` ordea; w jadgsttasi fraldieg asr ptaririmr or potiiae of thla itrMrument iava6d ar no- <br />~~ seals say wiry w pta~de the ~ of tfse rctaaiaiag psaMisistts at portions of <br />say tn... ssr ; s-tst <br />
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