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Home My WebLink About92-466/ nc vz-vcc ci Dated i 3 ?-Yda .J of 0 18 3 Rv.9ivEerarL day o 0 188 MORTGAGE FROM TO Qhe �ntst & Foan To. of (9nnava. ceo w TORONTO Fv,m cn. made in duplicate the/ and'sighiy >� -T, nein declared that Part 77. q 'Vetwn 5ursu nce R.S.O. Ca 'ht hundred s, (it being of tlxe of , in the County of . ,o in the Province of Ontario and Dome ion of Canada, a. y (hereinafter called the Mortgagor ) of the FIRST PART: e`ti u Zrast anb can Tompanp of Annaba, (heretnaf er called The Company) of the SECOND PART: ander/.-�C.-e R..��— the wife of the Mortgago of the THIRD PART 1�1hueas the said Mortgagor — , - ..at the time of the execution hereof _„� seized of an estate in fee simple in Possession �$ the lands hereinafter mentioned. 0 ffaw therefore this inbenture Witnesseth, that in consideration ofY4-v— � 7eeaf Dollars of lawful money o{Canada, now lent by the Company unto the Mortgagor (the receipt whereof u hereby acknowledged), the Mortgagor who conveys as beneficial owner doth grant and mortgage to The Cov; any, their successors and asst ns, forever, �.tt lea- ;certain parcel or tract of land and hereditaments situate in the �<...S) I %'- edeas, in the County-(,e.C<xiu:a — in the Province of n� , being conxp eso d of 7 I.�� U Anb the said %,a -�-e-u-� ),,A - - the wife of the Mortgagor — -- hereby bars her dower in the said lands. Vrabibeb this Mortgage to be void on Payment of Dollars in gold or its equivalent in lawful money o Caxaada, zrritk iat�`6 per cent as follows : The said principal sum of _R R ` i IV� red interest from the It here the unpaid principal at tfle a e a or ai - by e ual � 'yearly Payments, ott the ay o and the ay o r in every year, until all Pvxnc9P� ereby secured sbhall 6e �aid and Batas wheth the same shall happen before or after default; such Payment to be maa'e at the Ofxce of the Company in the City of create, and taxes, and performance of statute labour, l hoxd Predjudice to the implied covenants herein contained. prihe said Mortgagor --- ---- covenants with The Company, 'uZhat the Mortgagor will Pay the mortgage money and interest, and observe the above Proviso. Vat the Mortgagor — — - has a good title tin fee simple to the said lands. - - ,jtub that he hamthe right to convey the said lands to The Company. '?nD that on default The Company shall have quiet Possession of the said lands, free from all incumbrances. - ;Wo that the said Mortgagor will execute such further assurances of the'said lands as MAY be requisite. ulna that the said Mortgagor hao done no act to cucumber the said lands. ,lnb that the said Mortgagor will insure the buildings on the said lands to the amount of not less than `Q^� — dollars currency. Provided that The Company may themselves effect such insurance without any further consent of the Mortgagor. �'? the said Mortgagor do 4release to The Company all -�w claims upon the said lands subject to the said promtso. frabiaeb that The Company on default of payment for two calendar months, may on one calendar month's notice, enter on and lease or sell the said lands: And that such notice may be effectually given, either by leaving the same with a grown up Person on the nxovtgaged premises, if occupied, or by Placing the same on some Portion thereof, the same once in of if unoccupied, or at the option of The lishinCompany, b/ And that me such default for th ee calendar months s ThexCompany x may with out any notice whatever, exercise the said power to enter on and lease or sell the said lands : And that The ComQany or their assigns may sell any of the said lauds on such terms as to credit and otherwise, and for such prices and with such conditions of sale and stipulations as to title or evidence, or commencement of title or otherwise, as they shall in their discretion deem proper: And may buy in or rescind or vary any contract for sale of any of the said lands, and resell with- out being answerable far any loss or deficiency occasioned thereby.- And that no purchaser at any sale had in professed exercise of this power shall be bound or concerned to inquire into the regu. laxity or propriety thereof, or to inquire whether any default has been made, or notice given, nor shall he be affected by notice or knowledge of any lack of default or want or deficiency of notice of sale, but the vendors alone shall be responsible. ,ProbibeD, that The Company may distrain for arrears of interest, j3robibcb, that in default of the payment of the interest hereby secured, the principal hereby secured shall become payable at the option of The Company, and that upon the Mortgagor, or those claiming under him, committing aiy act of waste upon the said lands, or making default as to any of the covenants or Provisions herein contained, the principal hereby secured shall, at the option of The Company, forthwith becomedueand payable. Vrobibeb, that until defanit of payment (of which default the prodnchou of these Presents shall be prima facie evidence), the Nlort�agor shall leave quiet possession of the caul lands, and without predjudice to Tlxe Company s right to immediate possession an default, ar to the right ojsubsequent mortgageeg to take possessiod the Mortgagor do l'fudtovrt oral become tenanat to 'the Company from year to year, at yearly rental, equivalent to, applicable in satisfaction of, and payable at the same times as the merest hereinbefore provided to be paid, it being agreed that neither the existence of this clause nor aanythd done 0 virtue thereof, shall render The Company mortgagees in Qossession, or accountable r any moneys except those actually received by virtue thereof. ,Aral it is hereby agreed, that The Company may pay any liens, taxes, rates, charges or incum- brances upon the said lands and any moneys for insurance, and the amount so Paul, together with all costs, charges and expenses which may be incurred in taking, recovering and keeping possession of said _lands; or in inspecting or protecting the same, and generally in any other Pro- ceedings taken torealizethe moneys hereby secured, shall be a charge on the said lands in favour of The Company, and shall be payable forthwith, with interest at the rate of eight per ceidum Per annum until paid, and in default the Power of sale hereby given shall be exercisable, and that all interest by this Indenture secured, on becoming overage (as to payment of interest „�r.ShegeRm-at.ths firstly mentioned fate) shatt-be treated as Principal money.. 31nb that neither the execution mor registration of these presents shall bind The Company to advance the said moneys: Anh that The Company may at their discretion at all times release any Parts of the said lands, or any other security for the moneys hereby secured, either with or without any considera- tion therefor and without being accountable to the Mortgagor, or any person claiming under him, for the value thereof or far any moneys except those actually received by them, and without thereby releasing any other of the said lands or any of the covenants herein contained. ProbOtb that in the event of moi -payment of the said principal moneys at the time or times above provided The Company or their assigns shall not be required to accept Payment of said principal moneys without first receiving six monthis'previous notice in writing or without being paid a bonus equal to three months' interest in advance on the said principal moneys. In loibuss Whereof, the said parties hereto leave hereunto set their hands and seals the day and yearfirsi above written. r} : g $ign¢D, waled nnD. 961b¢ced in the pces¢ea¢ of g n 3 ¢ f Lka � s a �Inb in the. pusew d �3 B< q�iof the PROVINCE OF ONTARIO. $Lthe ��-�-.• i-oCounty of ty ofTo wre:Oz - — make oath and say: ist. That I was personally present and did see �the within Mortgage and a duplicate thereof / duly signed, sealed and executed by we�.un/''OAq =aid �^'-'-�-^^the parties thereto. 2nd. That the said Mortgage and duplicate were executed at the 3rd. That I know the said parties. 4th. That I am a subscribing witness to the said Mortgage and Duplicate. Sworn Limn nze at the ot. ptrn-.n•<.+ in the 007m o iy mu 3/� a"vUp __ a.n.:a� G/✓c- // i _. _ t,rily that ms admin 1nstronieai is data entered and Reylatered in du Repiatry Olfue Jor the C'nnnf of Ontario zn Book at/O. ootoeR�— minufesr/kl ms /sday 7��- w.n,ey3, xan�ne.797G—