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Home My WebLink About92-578fic Dated 189 fe— MoRt(�R(�E To secure $ Newsome & Go., Law Stationers, Toronto. Not to be registered in ful ito for Mortg ee.S DOW & MCGILLIVRAY, BARRISTERS, SOLICITORS &o. WHITBY, - - - ONT. 101101 o� *This name to be atriafly in full, no Initials. JP{�/l��o f the of the C unty of a-;L� }Occupatio r addition. ✓`v fe Nil: make oath and say: 1st. THAT I was personally present nd did see the within instru ent and a duplicate t ereof duly signed, sealed and executed by�—��%2`2� of the parties thereto. 2nd. THAT t said Instrpment and Duplicate were so executed at the Hof in the County ofsi? 8rd. THAT I know the said part,-ZU 4th. THAT I am a subscribing witness to the said Instrument and Duplicate jVworn Aefore me at the Of this in the County of day of A.D. 18� ) _ � r A Commissioner, cc. _ m made in duplicate the one thousand eight hundred q oursnance of h /c- v( clay of re'spre ing jhort orm� of orlgxgq� hereinafter called the Mortgagor of the FIRST PART hereinafter called the Mortgagee S of the SECOND PART i A" �Q wife of the said Mortgagor, of the THIRD PART Vit11�E�$�� that in consideration of 7-(J-�'��`2� T'C�dG�C'L� _/g J� i Dollars of lawful moneyof Canada �C° ° now paid by the said Mortgagee S to the said Mortgagor (the receipt whereof is hereby acknowledged) g said Mortgagor 41114 Vjortpy unto the said Mortgagee' s, _-2 heirexecutors, administrators and assigns forever. h AUd f+111OUXAx tho>e . ertain parcel d or tract op of land and premises situate, lying and being in the of ✓ in the County of and Province of Ontario and BEING COMPOSED of d1a, 9C. clzt 77 :4. Isis &'.-�..-a / tAA, & tt-v" ct�2—� 6�� "t"c� jttd the said ! �% � � wif �f t4 aid Mortgagor hereby bars her dower in said lands. And agrees with the said Mortgagee3^/-hr heirs, e;ecn%rs, administrators and assigns, that the said Mortgage Debt and Lands may be dealt with in all respects as if she were solely principally liable. jrvv4rd this ortgage to be void on payment of I. = 1 Dollars in Gold ``era a �7-Z i8 or itslevalent of lawful money of Canada, with interest to be computed from theme-h�� C,��G(l'?J per cent. per annum as follows ` 1g together with interest at the rate aforesaid n all principal' o eSs fro time to time remaining unpaid payable yearly on every day of cam- -aa4- until the whole of the moneys hereby secured shall have been ful1v paid and sa 'efied I the first of s c pa ents of interest to become due and be paid on the day of — Nc( g nest after the date hereof ; and upon payment of interest on all interest in arrear, as hereinafter provided ; And taxes and performance of Statute labor. ht $Aid P, Ox##A80V 450MIA110 with the said Mortgagee j THAT the Mortgagor will pay the Mortgage money and interest, and observe the above proviso. THAT the Mortgagor ha S a good title in fee simple to the said lands : AND that he ha J the right to convey the said lands to the Mortgagees AND that on default the Mortgagees shall have quiet possession of the said lands free from all incumbrances. AND that the said Mortgagor will execute such further assurances of the said lands as may be requisite. AND that the said Mortgagor has done no act to incumber the said lands. teqd that the said AjVtgagor µa,w 11 insure the buildings on the said lands to the amount of not less than tll(-U v.,�� % � Al ,7ca?,/- t'�— dollars currency, and PROVIDED that the Mortgagee S may insure the same to the amount of the insurable value thereof without reference to the Mortgagor , in an Insurance Company to be selected by the Mortgagee j , and that any moneys paid by the Mortgagees in respect thereof shall thereupon become part of the principal money and an additional charge upon the said lands, and be forthwith due and payable. PROVIDED also that the whole duty of paying the renewal premiums of the policy or policies issued under the preceding provisions and seeing to them shall rest and remain with the Mortgagor , and no liability or duty is to be placed upon or lie with the Mortgagee S to pay the said renewal premiums or keep said insurance alive, or notify the Mortgagor as to same, or do anything in connection therewith. Jud the said Mortgagor to the said proviso. do_� release to the said Mortgagees all claims upon the said lands subject Provided that the said Mortgagee f on default of payment for one month may on giving one month's notice enter on and lease or sell the said lands. And provided also that in case default be made in payment of either principal or interest for three months after any payment of either falls due the said powers of entering and leasing or selling or any of them may be acted upon without any notice. And also that any contract of sale made under the said power may be varied or rescinded. And also that the said Mortgagee) / hit,. executors, administators or assigns may buy in and resell the said lands or any part thereof without being responsible for any loss or deficiency on resale or expense thereby incurred. Provided that any such sale may be either by public auction or private sale and either for cash or on credit or part cash and part credit and at such sale the whole or any part or parts of the said lands may be sold. efovided that the hereinbefore mentioned notice of exercise of power of sale or lease, or either, may be effectually given either by leaving the same with a grown-up person on the mortgaged premises, if occupied, or placing the same on some portion thereof, if unoccupied, or at the option of the said Mortgagee by publishing the same twice in some newspaper published in the County in which the said lands are situate, and that such notice shall be sufficient though not addressed to any person or persons by name or designation and notwithstanding any person or persons to be affected thereby may be unknown, unascertained, or under disability, and on any sale time for payment may be given and special conditions may be made, and the costs of any abortive sale shall become a charge upon the lands, and the Mortgagees may tack them to the Mortgage debt. Pavided that the purchaser shall in no case be bound to ascertain that the default has happened under which the Mortgagees heirs, executors, administrators and assigns claim to lease or sell, or that notice has been given, or to enquire into the legality or regularity of any such sale, but the remedy of the Mortgagor h r, heirs, executors, administrators or assigns shall be in dama es only, and the sale under the said power shall not be affected by any want of defaul or of notice r otherwise. Jnd the Mortgagor do A for heirs, executors, administrators and assigns attorn to and become tenant at will to the Mortgagees until the whole amount of principal, interest and other moneys secured by this Mortgage shall be fully paid and satisfied, at a rental equal to and payable on the days and times on - which any instalment of principal or interest shall become due by virtue of the proviso hereinbefore contained. firovid1d that the Mortgagees may distrain for arrears of interest o er , . Provided that the Mortgagees may distrain for arrears of principal in the same manner as if the same were arrears of interest. Provided that in default of the payment of the interest hereby secured the principal hereby secured shall become payable. ,Vrovided that until default of payment the Mortgagor shall have quiet possession of the said lands. Jud it is hereby agreed between the parties hereto, that the Mortgagees5 may pay all taxes and rates and charges which shall, from time to time, fall due and be unpaid, in respect of the mortgaged premises, and charge such pay- ments, with interest at the rate aforesaid, on the mortgaged Iiiemises, and that, in case the Mortgagees shall satisfy any charge on the lands, the amount paid in respect thereof shall ba payable forthwith with interest at the rate aforesaid, and in default the power of sale hereby given shall be exercisable, and in the event of the money hereby advanced or any part thereof being applied to the payment of any charge or encumbrance, the Mortgagees' shall stand in the position and be entitled to all the equities of the person or persons so paid off. miaWrataxa-aud- ssig s, tmvermnntt— the said Mortgagee h executors, administrators and assigns, that he and they will kee_p_tl3e-�ai ld ands and the buildings and improvements thereon in good condition and repair according to re and description thereof respectively and that in case of neglect to do so or if the Mortgagor ose claiming under h commit any act of waste on the said lands or make default as o the covenants or provisoes herein contained the principal hereby secured shall at the option of ortgagee h executors, administrators or assigns forth- with become due and payable, and in of payment the powers of sale hereby given may be exercised. Jnd also it is agreed th a said principal or any part thereof be not paid at maturity the Mortgagor h heirs, executors inistrators or assigns shall not be at liberty to pay the same except after three months' notice in writ' o the Mortgagee h _ executors, administrators or assigns, or upon the payment of three months' Provided also that all interest in arrear shall become principal and bear interest at the rate aforesaid till paid, and shall_be a chargg upon.the said lauds. fh�,Mortgagor, agree that neither t xecuti n e ' •a ' _of_4bior_tgt'ge Mor to advance tfie money _ of by ur htrtof the said parties hereto have hereunto set their hands and seals. f igned, W rakd and fflefivrred IN THE PRESENCE OF I Having been first read over and explained to the Mortgagor and his wife, both of whom appeared fully to understand its contents. III 5 f C"-rlrrq !hat th'. vi! I f,,red a i. d 1, of U" 3 5,2 /Z oclock 3s of Number�l,o2. Y, 9YA_-1Z7 4" A ' Certirichle purporting to be dis Signed by /D4.4e