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1981
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81003214
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Last modified
1/14/2010 3:41:35 PM
Creation date
1/14/2010 3:41:05 PM
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DEEDS
Inst Number
81003214
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81-- oQ322~ <br />If tI[e party of rite second part votuntarily ar involuntarily becomes or is made party ro any suit or procectt- <br />ings tetating to the premises or to this mortgage or said note whereby the [ttaturity of said note anyt ~xo~tga~ <br />are accelerated titm said party of the second part shad he paid accelerated interest at the rate o o r <br />annum, provid#ng, however, if the maturity of said note and mortgage are not accelerated in said suit or proceed- <br />ings tarn the party of the first part shall reiminxrse the ixifty of the second part for its r h!e attorneys' fees <br />and casts, and. such expeltses strati be immediately der and stati hear interest at~ per annum, atrcl <br />srhali be seetrred by this martgage. This eavenant shalt cxiend to condenuxatfnn and hankrttptcy proceetiirtgs as <br />we'7 as otter actions. <br />"Ttxe taking of any additiortat security, exeeutian of partial release of the setttrity, or any extension of the <br />tirtte of pay[itent ~ the indeht+rdtxess or renewal thereof shelf not dinxinish the farce, effect or lien of tht~~nsttu- <br />mettt and snap trot affect or inxpair the liability of any mawer, surety or endorser for the paytnen; of 3isdebY- <br />ednesa: that the party of the second part shall itavr the right to release with er without consideration or credit <br />on rite ittdebtttiness hereby srcurcxt. any part of the prapertp herein described by adegttaie legal instrument <br />witlwttt regard to the existence of any junior encumbrance and without the consent of stxh junior encumbrancer, <br />and such release shall have rto turther effect upon the rank. lien or estate conveyed lterehy or against the party <br />of the second part titan is therein expressed. <br />In the evetx that the mortgaged premises. or; env portion Thereof or any interest therein, be sold arctrhveyed <br />or beeorne subject to an agreenteni to soil or cattvey prior to the time rite indebtedness secured-hereby shall <br />have heat ~a ig fuli thin the entiresndtf:tiktnes4 sectored by this <br />mortgage shad at rice option of rite anartgagee heamx due anei t~ayahle. <br />If all or any part of the mortgaged property kx• randemned or taken through eminent domain pxoceectsngs. <br />a8 or such tYrri of env award or Imxeeds thereof as the rtxuttgagrr in its sole discretion mac determine in <br />wrixixtg, are lteretrt• assigned :end strait he }>aid to the tttortgagtr and als}tfied to the payment of the mortgage <br />indrhtedrrcss. <br />IN WTfiN£SS WHEREOF. rise .aid first }>.~rtc ha .-re herennir, set Theis hand ~ the <br />tree acrd year firs[ atxrvr r~ritten- <br />. ; <br />,- <br />is C.~`",c~ r <br />~~SL -~ [stA~J <br />~astsace 8. Seha~iF <br />~~EAk.i <br />~tA;R ixp ~igBEA*K-A. <br />.Y'J.. <br />l?n this f~" day ui ,,t-~----'~ 1`~ $1, lxfore nxr, a notarp lx[blic <br />in ar[d for said awnty, }rers+stsally a},prarcrl 1?`r~rtt:itt ~. `=al=aaf azui Gaaa'tst~e ~S. ScY~af, hus- <br />bal~d sod. wife, <br />to rrte pcrsutxally ktnswn to ire the iclttxtx-tl prrautt s ~ic:.criirai itt anti who excxuted cite fcrcrgoing msiru- <br />nxeai. as t;rantw s . attd acktwwiexigecl the exe+.'ution therrrrt to I>r tSxeir rolutitary act atnl deed,. <br />Wio4aas my haul atrsl ot`ticiat seal the day a[xt year 1d>t atx,vr wriaets_ <br />r a. <br />IW~ i_ M .. .r'rw.a 1^.ta. » .w f,w ,,.d : r~:net <br />!iy ,.,a..~~jan expirt+ <br />
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