81002641 - Laserfiche WebLink

Browse

BI---E)f12641 1. Tfa es+Yer.uta aid tt~red ai faUnrst ) pay the iadebtedsers eridrteed by sahf pemsirory note ae the times and fa tLe h $c-will pay ai! tattee, water rates, asd otim goreraaaeetai or mrmicfpal ehat~eq fraw, a< L~atitl9nr„ torwAfe6 pra+lrtas hat sat bees natia 6reiabe[ote, attd trill ptmnptlr deliver the a4ia1 eeeeipta- tlberdar to the aafd motrtgr~ta. c. ffe wiii gay ouch expenses sad fees as may be iaearred is the protecti®n sad maintenance of acid property, ineiudiag the fees of any attorney employed by the mortgagee for the troilectioa of say or all of the indcbtedheas hereby eecund, or for forecloarrr br mortgagee's sale, or court proceedings, or in soy other litigation or proceedieg affecting said premises. Attorneys' fees reasonably invnrred in any other way chaff be paid by the mortgagor. d. For better security of the iadebtedatees hereby aec~ired, upon the regaeet of-the mortgagee, iu-ens eesama or assigaa. he shah execute sad delivv • snppkmratgl mortgage or mortgages covering any additions, imptroremeau, or bettermenu made to the property heniaabove described : red aiT property setpyired by :t after the date hereof f alt is form satidaetory to mortgages l . Furthermore, should mortgagor fail to can rmy ddadt is the payment of a prior or inferior eacumbnn« on the property dntcribed by this insentment, mortgagor hereby agave to permit mortgagee to cure such default, but mortgagee is not obligated to do ao; attd each advaaca short become part of the inde6tedneas xcund by this instrument, subject to the some terms and txmditions. e The rigbu crated by this ewareraace strait remain in full farce and effect during any postponement or a=ieasiott ~ the time of paymesrt of the indehtedneae evidenced by said promiaeorv note or any part thereof second 6erebv. /. He will coatiauously maintain hazard insurance, of such type or types and in each amouata as the mortgagee may from time to time regnin on the improvemenu now or hereafter on said property, aad ~~ irl Pr~Ptl7 when dot say pemimas therefor. Alf insurance shall be carried in eompaaiw aooeptabie w tsaat~yas ud,tha policies aad reaawaL thmeof shall be hold bJ mortgagse aad bare attaobed eheeeto far payaJde clasres is favor of oast is form aeoeptabb to the mortgagee. In crest of lor,aaaregagor will grit imp asrliee is to most~rgee, asd mortgagee may make proof of law if sot roads ptomptiy by mwtsa/srr a~ eae6 iosaraaa company eoseeraai is beret: anthoriaed aad directed to make payment for such law diraetly to moetptgee imrad of to meregagor and awrtgagee jointly. seed the iasatatee proeeads, or say part thaterE, any ba applied b1' asaatgagee at iu optiap either to the rednetiaa of the indehtedaaw btaeby seertre+i ar to tba restoration or repair of the property damaged or destroyed. In crest of fateclosaze of this. saoctpHa, or otltw treader of title to acid property in eatittgais6ment of the ~ erected beeehy. all title, a~ iatstxat of the mortgagor in aad to say insatranee policies toes is totes abaft par to the psttchaaer or mortgagee or, at the option of the mortgagee, may be surrendered for a refund. g. lie wiff keep all buiidirsen and other improremeaG on acid property in good repair aad rnndition: wiff penait, oarmit, or suffer rto waste, impairment. deteriesration of said property or say put "hereof; is the crest of failan of the mortgagor to keep the bteiidiags oo said premise and thoet erected on said preaises, or improveatenu thti, xa, is Food repair, the mortgagee may make such npairo u io iu discretion it ray deeat ncatsaary for rtes proper preservatiaa thereof; sod the fnli :moaat of each and every such paparmi sbaU be immediately dot aad paysbk and shall be encored by the lien of th» atsrtgage. h: He wiQ not vatrmtariiy create or permit. to be created agairut the property subject to this mortgage say Ilea or liens iaferieit oc wperior to the lies of this mortgage without the written consent of the mart- gagaa; aad further, ire will keep aad nsainutin the rime tree from the claim of all. perwna supplying labor or ataeeriab for eoastrvetioa o[ say apd ai! btsiWiuge or improvemenu now being erected or to be erected oa said prsmiser. i. At will set resat or assign say part of the real of said mortgaged property or deatolish, or remere, ar ~ albr asy 6ttildiag witbeut the written corrsea! o[ the mortgagee. }'. All ^warit of dar.ages in ceaaeaioa with any corrdeasaatim for public tae of or injury to say of the pavptstT to rids mot4Hage ere hereby satdgaed aad chat! be paid to mortgagee, who aeiay apply the saaae tp paymaat of the ioaELlliaap~ last deie under add note. aad mortgagee 4 6eroby aethoriaad, in the ease of the arortHigar, to e:eente aad deliver valid aea}uituaana ihtreof aad to appeal from say atrch rward. f6 Tbs-wartgrree stall hate the right to iwpect toe mortgaged prewisw at say rwsoaable bate. ?» [laitaait is atsy of the rsveaaaq or cogd~ioar of this iwtrumcat or of eke Hate or loan agrcemeat secured ~Ml~,aatil~aarrta thewr~i`arigbt to poataaioa, toe„ and enjoy°matt of the property. at the option of the a~~area or his assips llt baiag agreed that flu mortgagor shall here east right aatil default l= Upon anyeuch At#radt. err rasetgaps shall baeomc -the: owner of aft eE the roots and profits acerving after default as security fir tlstr ~ secured hereby, with the right to:esmr apftn said Property for the purpose of eolleetiui; each rwtM.arsd paritt. This ~ sl<pii oper~ti,aa rrt-;~ of say reseaie oa said property to that extent.