|
<br />
<br />3. The m®rtgagor covenants and agreca it ha ih:1l €tt7 !a pay said indthiedttees or any park• tr1p~
<br />tlaa, or shelf fait to perform any covenant oe agreement at the instrument or the ptvmi~.ry Hate seeoee~'l ~
<br />else itidebicdaera hert"isy «tcarEd abaft ittsraeediateitr Iteeotne dne, pisyahie; and cotF~etibie withsmt tiar?itis,~>st ffie
<br />t ~ t~ a or tgrs, ~kaeu €~ a~' rata: y, and 3`,~ ~~ga~ eta `,~- a: ~3 iis.~ ate'
<br />said property without apprsisement (the mortgagor katrittg waived a~ aasigotd to the toortgRgew-
<br />1: -: -
<br />t t s at jsdicial €air parsaant to the provisions of ~ L'.S.r "-tt91(a) : nr -
<br />(tt } at sire option ~ ehe tnwtga~a, either by aaetsao or by aafi+eitati~ of sealed bi~,'for
<br />bgt hid eaapiyiag with tau terase of sale and rnaaner of payaxttt speeii~cd u rice pttbiisised tx~isi~oE aa$R
<br />girieg tour werka twtice of the time. terms, anti place of such Bait, by advert! tam 1e~ there a~uce
<br />daring each of said four wEeka in a ttawspaper petbiiaite.~ or distributed in the coernty is vrhFe#t?~d propgsty
<br />k titt€a6crl. all outer ~iiee bei~ ~~by waived by etoe moe¢ga~r land saw tsaa~tgageze m' p eo
<br />behdf itt Debi nsortgasee, may bid wish the stapaid iadettsEdaem svidt.~ed by said ). Said sale alald 6ts
<br />iu~ as ~ ao tent property to be sold or at rite Feral. roatnty, or eity ca+artita~se for ¢~ Bounty in trbiet`r fiats
<br />propertp ~ toeated, Tits mortgagee is hereby authorised to raeruu foe and oa behalf of the mortgagor and m
<br />deliver to the pttrehaatr at suds sale a •u~cieat rnnveranrc of acid property. which t~veyance shall a:
<br />:meitaL sa to tlwe happeairxg of tits default upon which the eaerataon o[ the petarer of oak heroin gtesastoi
<br />depends; and the said mor9$eger hereby constitntm amt appoiata the mortgagee or say agent or attorney of the
<br />mortgagee, tits agent sad attortey in fact of said mortgagor to made saeFt sltitals and to etsxtate strict
<br />rar.aveyaaee and #treby covensars sad agrees that the recitals ro made shall lee ei#eetual m bat all etfnity or
<br />riSht of redemption, hotttestead, dower, sad all other eactnptians of the mortgsRor, all of which am hereby
<br />eapressiv wsired and conveyed to the mortpRee; ar
<br />s tat i taae any other appropriate action purtaant to state ar Federal statute either in state or Federal
<br />court or otherwise foC flu di~witiua of the p~aatperty.
<br />la else rrta! of a fair as heretaabove provided; the axorigagor ar env person is poimeaeian under the tnoriga¢or obeli
<br />then become and 6e tenants hotdinR aver and abaft forthwith driiver po.eeffiittn to ehe purrhaaer at each sale or he
<br />autamarilt dispmxsard, in arrordance srit# the provtasotu of )aw applirablr to tenaata hording over. The power
<br />and agtaey hereirw Frosted are coupled with an intrust and sre irrrxaeabir h: death or wheneise, and stn Rraated
<br />as cumulrtivs~. to the rcreteciiTa tnr coilYrtioa of seed ittdebtrdncas ~rasidttf by law.
<br />4. The pronrtds of any sale of said prop,ettr to atxerdaaet with rite preetding paraaapim dull be apses ht+tt
<br />to pay the emKS and of said tote, the e:peusts iaeusred !re thr morigsger for the parpoee of prrrtecting or maim
<br />tautiog said praprrtt, and rcasonahis attarnevs' Ern: aeevadly, to par the indebtealnt~ts arrurev~ hereby: and tisirdly,
<br />is pav a2y aarpl~ sr Eaeess is Eat person or peraerna legdly eatitlyd therNO,
<br />5. fa the xr;mt property is sokf at s ierdtttal €orw=#ysure smle ar pursusat to the power of sale itereinabove
<br />granted, and the preteerals are not su6eseat to pav iht total indebtedttese sreeured by this ~t sad evict by
<br />said note, the atortitagee wiA bt eatitEtd to a dc&ritnrq ~udgmtas far the amottat nd the dt}6sieneyttgthottt
<br />ram ao oft.
<br />6. lathe event the rawaittrtttrr fails to pav ass Fedeni, state, ar lore! tai aaaeatt$teat, irtetrtat tea or other to=_ iii,
<br />rhugc. err. or Defter exprnat eharacd ar~atetaa tl~ pre~ptrty, :hr ~rtgag-- is ~•,,•at,v aatl'aria-d at hie aptsan :.; pay
<br />tfit rotary, 4ay as >rrt psid by the tttortttagex shall be added to sad breorat a part of tae principal amount of the
<br />indebtetlatas rritkoerd be Raid note, yuhjert to the aaBne trrtna erect randitioas. it she mortgagor shall pay and
<br />diseitary~r the indr~edaews rvidamced by ..aid promiawrr Harr, and shall par such vats sad shall dgthatyte ail tazea
<br />s~ liens and the tesda, Eras, and expenses esf eraaltiog, eaforeiot, and etccotitta tlek asortgagt, tl~ this moetgags
<br />s bt eaateaiod sad ~.
<br />'- The berek emntaie~•=i shall Itiaai aiad tbt beashte sad advanta{c$s abaft inure to the repecsira wt+.
<br />amt ~ ~e ~*'-~ ;ss:.. toed. the aingalar rtatmb¢t short iueiade the piorat, the pitaai tlfs
<br />and fire ma ~ stay mall i~fsae aL ~.a.
<br />g` ~` wwtivar of say ea'eeaaat hetrcia ar of the anon wseurad herehtr sba11 at any tit®ts thereafter bo ;Bred
<br />era iaa a wt of the ttttr~ or of flu cost asesited ,
<br />f
<br />~, In t Igt 1: a y a3 liatsa aid ~€-go#atiams o€ tits mall i3weaees Admiairttrssioa [ 13
<br />C.F.Q. 3$3.2(d) j, this ' is ua ba etttteratasd and eoiosavad far aeco>+~tos frith apps Federal bw.
<br />teas ~ ~ erecter: or pat~tssept ssty pttavisior or pottimn of this iastrumest invalid or Beta.
<br />dsa~ ast is orate er~rt ferrety w prcelude the tofu of the reaoaiaing prwMiona w portiatsa of
<br />~ ~.r +~ :~ fat .. ~, + u 'r ~~
<br />
|