|
— -
<br /> . 01-04-4913 MORTGAGE -VOL. : 93-Q0151 : PAGE ..z
<br /> Pale 2
<br /> .. : . (Coneniii _
<br /> _
<br /> Rants. The word"Rents"means all present and future rents,revenues,income,issues,royalties,profits,and other benefits derived from the
<br /> . Property.- _._.. .. . .. . .
<br /> •
<br /> THIS MORTGAGE.INCLUDING THE ASSIGNMENT OF RENTS AND 711E SECURITY INTEREST IN-THE RENTSANDPERSONAL PROPERTY,IS •
<br /> GIVEN TO SECURE (1)PAYMENT OP THE INDEBTEDNESS MD (2)PERFORMANCE OF AU.OBLIGATIONS OF GRANTOR UNDER THIS
<br /> MONTCiAGEANID THE RELATED DOCUMENTS.THIS MORTGAGE IS GIVEN AND ACCEPTED ON THE FOLLOWINGTTERMS:
<br /> PAYMENT AO PERFORMANCE Except as oth rwIse provided in this Mortgage,Grantor shall pay to Lender all amounts secured by This Mortgage
<br /> as they bacc a due,and shall strictly perform al of GraMora obligations under this Mortgage.
<br /> POSSEMIOM AND MAINTENANCE OF TIE PROPERTY.Grantor agrees that Grantor's possession and use of the Property shall be governed by the
<br /> _- • following prodelons:
<br /> POMaadea Mid Use Until In default,Grantor may remain in possession and control of and operate and manage the Property and collect the
<br /> Rene than the Property. �!ri
<br /> Duly be tfladeghi. Grantor shaft maintain the Property In tenantable condafon.pnd promptly perform dl repairs.replacements,and maintenance
<br /> 1 neaeeay to preserve Its value. G---,;�
<br /> Naardels Subst n es.•Vonbi tcetetdue steeNaaRA aealanetousack atotontotkratarMUlxtlou SRMORNIKRIONNIMMIRMODANIMEASIMORMAN
<br /> MINIPOKOMADMILENIMENINIMMNINIMIMMOnt It011NeBIf7NBtt1iH0ateoMOna>e18Rnitxa �>fUMONkNM xt7/Mgc>RIOtxGtxtpalmlytR]Ga
<br /> NIIsINtSNBtNttttlMYlOatBltlNttllNlat MIBONhgOLNMNXJMIrNMeNt
<br /> ▪ M11dI1NR p�t>t10k 7�MHmtlll�Og ISNnA1tNR�NiSIItD11 MN4M1RBali otfDBlytAGORxtI11R00Nt1lIbR
<br /> _ IM YNpN7WpM11KXMIMI[MIctrasIONNSOMPNIZMOVIIIII1111610116 VIII EIUSAt INtOXIMINAMIBiabli1 ll
<br /> _ - (I t t I/a 1 w elpaanclagaidgetat potomotieIIIBeNRRNIMR1 ionekeemesNaptangsmtt_:., _..• 7tot
<br /> mitIlipxpolopanotgesestimonoxtestrenxIbagoximakmogiliptosetuolciammodomomettxdoonivolong.taandaemostuoulleitantafig
<br /> losporlimmeoxkocoaapeelinotItmewnWspxoceconwAmixo0noxenal wag000 a61m11NbIt19gNd01d11
<br /> boxopo daNditMbNbaNtlaataboal oilkfl etbbpataopexo Ni 7((tNMSIm1 iewto aucongtonwaxiss tuau1MM70x
<br /> • 11>tAtAdtIbY�NdNfMAteNW/ PUIJbtllltallet )1061tmgNOtat
<br /> • Ia▪ 11Nt7Ma0Yl711RBfR0atO11pGOfffpcaRlaMaK t�et>t9t11DNYdt aeRtlpytNl�Ilclba.oallaelwtNNxaaIliNis t
<br /> F_ _._ _... _ tateoft ampadloomnaanemoaeadatbaaal
<br /> ' Hlftgi1u/1UNIMOt1000 tikk x118 incageRNwxasmON llateBdltlt
<br /> Ra pMIMII MOMgtaOltito ongiptxrifYgRM� Ixtemos* MulopeciatitibuoimplatuitaluantanWlincitit
<br /> tMafax.itairego OUNIO1xat IplNlootx
<br /> , . . , • - ... ,. , , .- .x*r ��Ne5tMNNFINItINN WINO OM
<br /> lmI Nt(eBpI 18�fMMNlflltaetlpll t._51aKa11oeMUgglotlltYlrldltTNt M11 •. OtmN0a9t e xnAMtNlpllo
<br /> IteltrtdDlegtt xKxlltfM)cidlMI keelllklfaadtxftteaet aHmljAglatNaNy70lto tlm00gtettllxxa0tf(aNaox
<br /> i MONIMmxi minim mmum 1ptl anstxIIM IonmaaUlls II NB 111111R7(IfMNIONEINNIN%YaNWIIIyltt PRIMMIDINIRt>RJp pt
<br /> Nrf11MMR111111bNMmNeM a Dflellf%7EIMIauf INXIalt aBlaclatdltlbtgennaa ma
<br /> IMOMOMpitMOVININNWIIMtji IIRBI DMCNID111110110INCIONUt NaINalaii MAM4 ISMI1CTOtNI*NSRycNMMISI IIN BcNat
<br /> ' »radtketabolaytypteetal aeot7utoaeRtA•
<br /> Nedelaeee,Mato Grantor shall not cause,metalrei or penrdt-ar}y--nuleance nor comma,permit,or sutler any snipping of or waste on or to the
<br /> •
<br /> Prcperryor any portion of the Property. Speylt ey vMDaohd limitation,Grantor will not remove,or grant to any other party the right to remove,any
<br /> timber.slnera s(Inducting of and gas),sod,,gavel or rock products without the prior written consent of Lender.
<br /> Renewal al(m_reveaaaata. Grantor shall het demolish or remove any Improvements from the Real Property without the prior written consent of
<br /> Lender.As a condition to the removal of arty Impovenenle.Lendei may require Grantor to make arrangements satisfactory to Lender to replace
<br /> •
<br /> such innovations with bnprovemenb of ei foest equal who.
<br /> • Leeder%Righ t he 6qa, Lender and de agents and representatives m y enter upon the Real Property at all reasonable fines to attend to
<br /> Lender%kttoreefa and to inspect the Property ter purposes of Grantor's compliance wfth the terms and conditions of this Mortgage.
<br /> Cesaiplbsea wltla Governmental Requirements. Grantor shad promptly comply with all laws,ordinances,and regulations.now or hereafter in
<br /> Wed of at governmental aathorsles applicable to the use or occupancy of the Property. Grantor may contest in good faith any such law.
<br /> ordnarw,or repletion and withhold compliance dureg any proceeding,including appropriate appeals,so long as Grantor has notified Lender in
<br /> writing prior to doing so and so long as,in Lender's sole opinion,Lender's interests in the Property are not yeopedied. Lender may require
<br /> Grantor a post adequate security or a surely bond,reasonably satisfactory to Lender,to protect Lender's interest.
<br /> •• - Duty to Protect. Grantor agrees neither to abandon nor leave unattended the Property. Grantor shall do all other acts,in addition to those acts
<br /> eel forth above In this section,which item the character and use of the Property are reasonably necessary to protect and preserve the Property.
<br /> NEON BALE-CONSENT BY LENDER.Lender may,at its option,declare immediately due and payable of sumo secured by this Mortgage upon the
<br /> sale or Omsk,without the Lender's prior written consent,of all or any pan of the Real Property,or any Interest In the Real Property. A 'sale or
<br /> transfer"mess the conveyance of Real Properly or any right,title or Interest therein;whether legal or equitable;whether voluntary or Involuntary;
<br /> whether by-aelrighl sae,deed,installment sale contract,land contract,contract for deed,leasehold interest with a term greater than three(3)years.
<br /> levee-oplon contract,or by sale,asedgnment,or banter of any beneficial Interest in or to any land trust holding title to the Real Property,or by any
<br /> other method of conveyance of Real Property Inbret. D any Grantor Is a corporation or partnership,transfer also includes any change in ownership of
<br /> more than tventy-five percent(25%)of the voting stock or partnership interests,as the case may be,of Grants. However,this option shag not be
<br /> exercised by Lender II such exercise is prohibited by federal law or by Ohio law.
<br /> TAXES MO DENS. The following provisions relating to the taxes and liens on the Property are a pan of this Mortgage.
<br /> Payment Grantor shall pay when due(and In all events prior to delinquency)all taxes,payroll taxes,special taxes,assessments,water charges
<br /> and sewer service charges levied against or an account of the Property,and shall pay when due al Gains tor work done on or for services
<br /> .... rendered or material trashed-5s the Property. Grantor shalt maintain the Property free of all bens having priority over or equal to the interest of .. -
<br /> Lender under thte Mortgage,except for the ten of tares and assessments not due,and except as°Merwse provided in the following paragraph.
<br /> • Rigid ToCMaeal. Grantor may withhold payn ent of any tax,assessment,or claim In connection with a good faith dispute over the obligation to
<br /> pay,so long as Lender's interest In the Property is not popardiaed, If a lien arises or it filed as a result of nonpayment,Grantor shah within fifteen
<br /> (1 S)dap alter the lien arses or,I a den Is Bled,wItn fifteen(15)days alter Grantor has notice of the Hag,secure the discharge of the hen,or it
<br /> requested by Lender,deport with Lender cash ore sufficient corporate surely bond or other security eenefactory to Lender in an amount sufficient
<br /> to diechege the lien plus any costs end attorneys'lore or other charges that could accrue as a resu°of a foreclosure or sate under The ten, In
<br /> • See page 6 of Mortgage
<br /> •
<br /> i .
<br /> i
<br /> 1
<br /> 1 .
<br /> 1
<br />
|