81002634 - Laserfiche WebLink

Browse

__~.. • $1° U(i263~ L tbatl~!a"t"w'~te~aP~asf~ww: a_ t?b l_pg [5a idebtedwew eridtwteed by mid ptaaiaaatry note o< tLe rice. asd i. t-w .~o..at titttaits.ptew.idai _ -~ -. ~. ~ht tetU.py ttll,~aisie~t awttstt~etst erwte, raver. amd otiae ~r.alitgreatd as ppl.eltot 6igry. ts4' ispeAiaea, fall >Ir6ir ptot+iaisa Lan teat rn made he~abafora and will pavsptiy deliver rli~ra! areeipM tLateiar N die acid rtaetlpt0aa. ~ He with pay-such erpeoaa and fees as may be inrttrred is the protection and maiatenaaa o! cold p,aRy. ioclttdips the teoa e[ :any attoanny employed Ly the mortgagee for the wiketion of nay or all of ~~ hert~y aecueed..or for forecloenre by martgadee'i ante, or t:onrt proeeedippt, or to wy otltier li}i6ation~arr proceediwg affecting said pt+emtaea. Attorneys txs reaaonaWy incurred in aqy other wsp alia7l.he paael.bY flea mm~or. d. Far6atler aecarity at the iwdebtedsesa hereby seettrcd, aeon the request of'ttte tnoet6agee;-ibaata «atars ar auif0aa. lee shall eucute and tielfrer a wpplemeaml mort6s~e or mort6a6ea eoyeriaa attn. addidows, i®prsveettalr, or betterments made to the property hrreihabo.e ddcribed : nd all Property ae+laired, by it after-the doe hereof !aU in lotto satisfsetory to morttagee). Fnrthermaro, ahotsid atortftagar fall ta:tattre iiwy dAan1t in the partriettt of a prior er inferior eneumbnaee oa the property described bythiaittatroatQU3i' meetgftor hereby aRms to permit mortgagee to cure ouch default, but mortgagee is not obligated to da ao; sad etteh advances shall beeotne part of the indebtedness secured by thin instrument, subject to the same tetras and eeaditiotr. r. Tht rights created by thin conveyance shall remain in full force and eHeet during any postponement or eatettsion of the time of payment of the indebtedness evidenced by said promissory note or any part thereof assayed berebv. J. He will eoalinuoasly maintasa hasard irtwnttee, of such typr or types and in such amounts a. the mortgagee may from time to time require on the improvements now or hereafter on said property, and will pal prampdy when dot nay premiums therefor. AU itatiranet sbaU be carried is wmpawies aooeptabk m mertp~e sad the P°lKi°" and reaewa4 thereof shall be held by mort6a6te and bare attached theirato loo payable elaenos is favor of sad is form amptable to the tttortg~. In event ~ ions, mortp6or wUI pro iaaaediate wetiee u writi~ to mortggta. and mortaa6ere luny make proof o[ lay it na made promptly a7 morl~a®oe, sad eeRth istwranee eaaapawy eoaeeeaed is hereby antbariaed sad di.~eeted to make payment for rash kr dieeatty to ssrtpioe instead of m moreg~or and mortgagor jointly, a~ the inwranee proceeds, or my part thereof, way be applied by mortHapea at its option either to tlx redwetion of the indebtedmo baeby aaemwd ae to the trottocatice or repair ad the properq damaged or destrnyed. To event of [oreelewre of thin asart6aaa. er other transfer of title tar said preperty is a:tiagvtisit~t of the iudeittndneas attttrtd hereby aU tri6lt4 title, and interest of the mortgagor is and to any iwwrance policier then in tome alull pans to the parrhaaer or mortgagee ot. at she optiae of the mortltaRce, may be wrreodered tar a refund. g. Ele will keep sU building sad other improvemeata on said Property in 6rod repair and condition; wilt permit, commit. w softer fro waste, impairment, deterioration of said property or nay part thereof; iw rite event of tsiiare of the m..ryptgor to keep the building oe said premiem and those erected an said premises, or impravewtmts ehere6s, is good repair, the mortgagee may make wch repairs as in its diseretioa it may deco necoaary tar tin proper praenatiwt thereof; and the fait amount of each and every wch payment ehrll be ir,msadiasely don ,wrd payahk sad shall be secured by the lien of this mortgage. k. He wiif net vofuntarity create or permit to be errated against the property subject to thu mortgage mty Ka er tiWtr aJaeisr ae wperaor to the lien of-this mortgage without the written consent of the morn gager; atad twrsher, hr vriN kerp nerd maintain the same free from the claim of all peraem supplying labor or materials for cdsatruction of ens sad atl buildings or improvements now being eteMed or to be erected on said premises. i< Ee will not rent ar asstrn an:• part of the rent of said mortgaged property or demolish, or remove, ar substantially after nay hnild'eng vrithaat the written consent of the mortgages. j. Alf awards at dawuges is caarteetioa with nay earrdemnation far public use of or injury to any of the "p~ti~rty ~ to tits are hereby sigtted sad shalt be paid to mort~ee, video map'ttp~ty dye .:` attnte°~Oer t>~ et the ~ last-due ceder-said carte, and morff{sp;ee is herby-aitthatved: is rite ttawse of tba met{gapo+. Hr taes'ute and daltver valtd acquittances thertaf atld to appeal from any Bath award. - .. k:-'t'he ~ atta3l lmaa t#ae si~ to sanpeet tint mortgaged prettsires at any rtaaaoaLle;ittao. 2 lk~u#t"~ aatY'ed the eevaarawb or conditions of thin instrurttent or of the note or loan agreement neared lteer~rafai~,~eittttitr~to~a'st~[6t~ possewion. asl. atui`Miovtnant Of the property. st the onion of the twirt~et arc his swipss tit king agreed fhat the taatrtsagor shall hart such right until default}. Lpoa nay such Watdf.-rise taoripagce aheU became the owner of ail of the rents and profits aeenaing after default as security ~ f)te indebtedness sretued hereiy, with fhe right totaiptr capon said property [or the' purpose o! coileelinE wch a~- sad profitt_ 31ris ioetavsxmt ehaU apatlfMa as nit of ar~jr 3attab «t acid prapetty to that tatewt.