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HomeMy WebLinkAbout92-580Tatea ,7-3 ' �,�u 18 9 A -'al �411� —TO— to r �1 e To Secure sl and Interest. H. R. WELTON, BARRISTER, SOLICITOR, &C., TORONTO. L� County of To Wit: make oatk and say 1 • 'chat 3 was personally present and did see the within Instrument and Duplicate thereof duly signed, sealed and executed by the arties thereto p 2. Uhat th'e said Instrument and Duplicate were executed at L 3. Zbat 3 know the said part,uw and know the said part �►e to be over the age of twenty-one years. 4. Uhat 3 am a subscribing witness to the said Instrument and Duplicate. Zworn before one atq�u f�(4 y �i, in the County ZA, % L- A%Zs this �/ day of 7t in the, year of our Lord 18g for e a t made (in duplicate) the -7 0L day of els�c in the ,year of our Lord one t ousand eight hundred and 24--,- C--L-4-k 3n 1pursuance of the ACt lRespecting short forms of ;;ortogageo �Betuoeen /-z � ,perms547 ez-414-0, hereinafter called the Mortgagor of the First Part ; 70001'4��, and XL-r'Z' for the purpose of barring her dower, hereinafter called the Mortgagee of the Second Part ; wife of the said Mortgagor, of the Third Part. Witnesseth, that in c sideration ofozc.c .7�ouoS£c�-r� of lawful money i of Canada, now paid by the said Mortgagee to the said Mortgagor (the receipt whereof is hereby acknowle ed) Che said Mortgagor Mo-)�kl- (Brant anZi Mortgage unto the said Mortgagee heirs and assigns FOR EVER: Lily a0 Zingular situate, lying, and being th a—, " cei'ta'n parcel or tract of land and premises 45 4%`� H110 the said party of the Third Part, wife of the said Mortgagor, hereby bars her dower in the said lands. vroVloeo this Mortgage to be void on payment -- Dollar-S, in gold coin, - or its equivalent in lawful money of Canada, with interest thereon at the rate of� &-e a per cent. per annum, as follows: s The said principal suin on the — day of one thousand� ^r'hundred and7� and the interest the rate one on the said sum or so much thereof as may be unpaid till the said sum be paid and as well after as before maturity of this Mortgage, half -yearly, on the days of /� and in each ear, the first of such payments to" ecome du nd be made n the Y � p Y � �%�� day of next. All arrears of interest whether accrued before or after the day txed��rpayment of the principal shall bear and be payable with interest at the aforesaid rate till fully paid. Etna taxes and performance of statute labor. Che said Mortgagor COVenantS with the said Mortgagee, that the Mortgagor will pay the mortgage money and interest and observe the above proviso. Ehat the Mortgagor haS a good title in fee simple to the said lands. Etna that he ha,$ the right to convey the said land to the said Mortgagee Etna that on default the Mortgagee shall have quiet possession of the said lands free from all incumbrances. Etna that the said Mortgagor will execute such further assurances of the said lands as may be requisite. ulna that the said Mortgagor heirs and assigns will so execute as well before as after default. Anse that the skid Mortgagor had done no act to incumber the said lands. Eno the Mortgagor fz-a, heirs or assigns will not do or suffer to be done any act or thing whereby the said Mortgaged premises or any part thereof shall be depreciated in v lue in any way without the consent of the Mortgagees ; and that the said Mortgagor heirs or assigns will, until the Mortgageeexecutors, administrators or assigns take possession of the said lands, pay all taxes, charges and assessments, municipal or other- wise, that may at any time imposed on said lands or any part thereof, or on the said Mortgagee executors, administrators or assigns on account thereof or of said redemption moneys, and that the said lands shall stand charged with and for such payments and the making thereof. Eno that the said Mortgagor will insure the buildings on the said lands to the amount of not less than currency. Ello the said Mortgagor ]Do-& lRelease to the said Mortgagee all QIal111s upon the said lands sUbjed to the said proviso. fprovlaea that the said Mortgagee on default of payment for one month may, on twenty days' notice, enter ou and lease or sell the said bander.- - fyrovf O alwags, and the parties hereto for them- selves, their heirs and assigns agree as regards the said proviso for entry, lease and sale, that the rights thereby conferred may be acted on as though default had been made in payment if any one or more of the Covenants herein of the Mortgagor be untrue or at any time be unobserved or broken. ulna that on any sale time for payment may be given and special conditions of sale as to title, production of evidence thereof, recissions, upset price, reserved bid or otherwise, may be used, and the vendor may rescind or vary any contract of sale and resell either by private sale or public auction without being responsible for any loss or deficiency thereon, and that the written notice named in said proviso shall suffice in all respects if such notice is left with a grown up person on the said lands, if occupied, or by placing in some conspicuous part thereof, if unoccupied, or if given to the executors or admin- istrators of the Mortgagor or at the option of the Mortgagee if the notice jbDeublished in two onsecutive issues of some newspaper then published in the said L�a��ce and no notice shall be requisite if any principal or interest moneoverdue more than three months, and no want of such notice or publication nor any irregularity in or connected with any such notice or any such sale shall invalidate any sale, but the ven- dors alone shall be responsible. And as to this mortgage the Mortgagee's Solicitors are and are to be considered as acting for the Mortgagee only for all purposes whether of not being affected by notice of matters in the knowledge of the Mortgagor or otherwise, and that from any rents or profits or procee s from any sale or insurance moneys that may be received by the Mortgagee heirs, executors, administrators or assigns,___ __ be, she'or they may deduct all moneys made chargeable by these presents on the land hereby conveyed and all the costs and expenses he, she or they may have incurred in or about pub- lication, or service of notices of sale, obtaining insurance moneys, obtaining and keeping possession of the said lands or acting under any of the powers aforesaid, and all such costs and expenses are hereby made chargeable and charged on the said lands. ulna the Mort- gagor agrees with the Mortgagee to repay them the same on demand. VroVlaea that the Mortgagee may distrain for arrears of interest. Vrovlbeb that in default of the pay- ment of the interest hereby secured bhe principal hereby secured shall become payable. fnovRO that until default of payment the Mortgagor shall have quiet possessio of the said lands. AND IT IS HEREBY AGREED AND DECLARED that In case the Mortgagee executors, administrators or assigns satisfy any lien or charge on the said lands or pay any claims for the protection of this security, the amounts thereof shall be added to said prin- cipal and shall be payable forthwith thereafter. and until fully paid shall bear interest at the rate of ten per cent. per anuum, which is hereby charged upon the said lands, and in default the whole mortgage moneys shall, at the option of the Mortgagee become due and the power of sale hereby given shall be exercisable Neither the execution nor registration of this Indenture shall bind the Mortgagee to advance the money or any part thereof nor shall the advance by the Mortgagee of any part of said mortgage moneys bind them to advance the balance or any part of the balance thereof. Provibea also, that the Mortgagee may release any part or parts of the said lands in their discretion either with_ or without any consideration therefor and without thereby releas- ing any other part of the said lands or any person from this mortgage or from any of the covenants herein contained. an `CAitness whereof, the said parties hereto have hereunto set their hands and seals. Zigneb, deal& anb Meliverea, IN THE PRESENCE OF -� t r JGI� °r'd i n Full, - ! cert'!.'try Wil th6 triki?: _cta i�Ull+lftl �)T (;,� rlrrn the -ydz-f )4 p� `7 p� Ao