The instrument's own words
page 1 · read by Gemma vision
be for one week more or more publication of such notice shall be continued, together with
notice of any adjournment or adjournments, at least once each week in the same newspaper;
such notice to sign the name and presence of a notary public or other officer authorized to administer oaths (that purpo-
pose their names on, names or as the attorney or attorneys of the said mortgagor (for that pur-
pose by these presents duly authorized and appointed) and it shall be sufficient for the purpose of foreclosure
of said mortgage, provided that the purchase by the purchaser purchasers or purchasers at such sales or sale a good
and sufficient deed or deeds, in fee simple, of the premises hereby mortgaged and to be conveyed by the trustee or trustees
under the power of sale if such deed or deeds were required to be paid, whether then due or
now or to fall due thereafter, or the part thereof then remaining unpaid, and also the interest accrued thereon
up to the date of such sale or sales, and all taxes, assessments, insurance premiums, repairs, and
other expenses incurred or in any way connected with the exercises of the powers of this mortgage, and all or
any proceedings at law or in equity for the foreclosure of said mortgage, and all costs and attorney's fees,
and all taxes, assessments, insurance premiums and expenses of repairs, either therefore paid by
the mortgagor or not, and all other charges and expenses which shall have been paid by the mortgagee in keep-
ing and paying the surplus of the said purchase moneys, if any, there be over and above the amount so
paid to the trustee or trustees under the power of sale, and all other costs, charges and expenses,
expenses and charges, to the said mortgagor, his heirs, executors, administrators, or assigns,
and since the payment of the principal sum and interest aforesaid, and all other sums now or hereafter due upon said mort-
gagor, his heirs, executors, administrators, and assigns, and all persons claiming said premises reference
so sold by frau, or under the term or any of these.
And the said mortgagor, for himself, for his heirs, executors, administrators, and assigns,
hereby covenants with the said Industrial Trust Company, its successors and assignees, that he and
they will upon request execute such deed or deeds covenanty of sale or sales as may be necessary
to effect the same.
And FURTHERMORE, the said mortgagor, for himself and for his heirs, executors, administrators,
and assigns, for the consideration aforesaid and to further increase the security of this mortgage,
does hereby covenant and agree, for himself and his heirs, executors, administrators, and assigns, as follows:
1. To pay the principal sum seventy and none all of sums and principal of interest due thereon in accordance
with the terms thereof, all taxes and assessments of any nature levied or to be levied on
prior to the full payment and discharge of said note upon said premises or upon the mortgage,
its successors and assignees, and to pay the premiums on insurance policies insuring said premises against any
present or future own, all premiums for insurance maintenance sustained upon said premises, and all
water rates and other utilities used upon said premises.
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2. To keep and maintain insurance against loss by fire and by such other hazards, casualties
and contingencies, in such amounts, for such periods, in such firms and in such company or companies,
as the mortgagee or assignees, in such manner as they may from time to time determine, and to pay promptly when due all premiums on such insurance to make
time time until the total amount of insurance should be equal to the value of the property insured, and all
policies of insurance payable in case of loss to the mortgagee or its successors and assignees Industrial Trust Company
or its successors and assignees, and to provide that the mortgagee or its successors and assignees, or
other the holder of this mortgage for the time being is hereby made conveyee, constituted and appointed as
trustee for the benefit of the mortgagor and his heirs, executors, administrators, and assigns, and to
promise and compel any and all losses which may occur under any such insurance and to give payment
of any such insurance money to the mortgagee or its successors and assignees, and to apply the same,
after deducting any expenses incurred in connection therewith, upon the indebtedness hereby secure
sum of the debt, including interest, and all taxes, assessments, insurance premiums, repairs, and other
premium or other sums paid by the mortgagee, or to the cost of checking or replacing the repairy or
demolishing buildings or other improvements on the premises, and to apply any balance of the aforementioned
transfer of the title of the mortgaged premises in satisfaction of the indebtedness, or any part
thereof, and to apply any refunds by the insurance company, or any dividends received by the mortgagor on
insurance policies, or to any refund or return of premiums or dividends thereon, shall pass to
the mortgagee, or at its option, transfer its right, title, and interest in said policies and the
proceeds thereof to any purchaser or purchasers, dividends, or otherwise, shall be applied on account of
on said policies or the proceeds therefrom, refunds, dividends, or otherwise, shall be applied on account of
the indebtedness hereby secured and any surplus paid over as a surplus on foreclosure if
the mortgagor fails to pay the premiums on such insurance, or if the mortgagee may
effect such insurance or pay the premium thereon, and all premiums so paid shall become a part of
the indebtedness hereby secured and shall bear interest at the same rate as said indebtedness until paid and
the principal indebtedness until payment thereof.
3. To keep and maintain the exterior and interior of the buildings and improvements on the premises this
described in this mortgage in good and substantial condition until full payment and discharge hereof, in as good
condition and repair as said are now or may hereafter be put in, but without making any
alterations or changes in the buildings or improvements without the consent of the mortgagee or its successors and
obtainmed, and to permit the said Industrial Trust Company, its successors and assignees, and its
agents and employees, at reasonable times, to enter upon the mortgaged premises at all reasonable
time to view and inspect the same.
4. That the mortgagee, its successors and assignees, may sell all taxes, assessments, insurance premiums
or insurance premiums not paid by the mortgagor, and that all such sums, shall be shame
diated repaid until the principal sum of the debt shall be equal to the unpaid principal of the indebtedness
hereby secured and shall bear interest at the same rate as said indebtedness until paid and
together with said interest, and all other costs, charges and expenses of the mortgagee and its
assignees.
5. That if the mortgagor be declared bankrupt or insolvent or make any assignment for the benefit
of any creditor or be placed under control of or in custody of any court, or of the mortgagor
abandones any of said property, then in any of said events the mortgagee is hereby authorized
and empowered to declare the entire unpaid balance of the principal sum, together with the interest
or the priority of said lien or any right of the mortgagee hereunder to declare all sums secured
hereby immediately due and payable.
IN WITNESS WHEREOF, the said mortgagor has hereunto set his hand and seal this 17th day of
January A. D. one thousand nine hundred fifty. ARTHUR E. McQUAIDE, JR.
Signed, sealed and delivered
in presence of:
John F. Gallagher
Harold B. Soloveitzik
The page as recorded
