The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-07-26

falling due, or il the said party OF th'
first part shall at any time fail to re
place and repair any such parts of saiC
machine as may be broken, worn GU
or damaged. or shall fail TO keep the
same in every respect in good working
order. or shall fail to pay and discharge
any taxes which may be charged, as
sessed. or imposed upon the same. OF
any valuation thereof or shall fail tc
keep the said machine insured as here
inbefore provided, or shall remove The
same from the building in which said
machine is to be erected and located as
aforesaid, without the written consent
of the said Mergenthaler Linotype
Company, or shall assign, transfer, I'M
derlet or part with the possession OF
the same directly or indirectly, or 40
or suffer anything to be done, whereby
the said machine or any part thereof
shall or may be seized, taken in exc
cution. attached, removed, destroyed
or injured, then, or in any such case.
all of said notes then remaining un-
paid shall at once become due and pay
able, without notice, at the election OF
said Mergenthaler Linotype Company.
Now if the said party OF the first part.
its successors or assigns. shall well and
truly pay unto the said Mergenthaler
Linotype Company. it's successors r
assigns, the aforesaid sums OF money
with interest, at the times and in the
manner above set forth, and shall well
and truly keep and perform all and sim
gular the covenants and conditions
above set forth on the part of said
party of the first part. to be kept and
performed, according to the true intent
and meaning hereof, then this mort
gage shall be void; otherwise the same
shall remain in full force, virtue and
effect. And, until default in the pay
ment of said indebtedness, or any part
thereof. or breach in the performance
of any of the covenants or conditions
of this mortgage. on the part of said
party of the first part shall have been
made, or until said Mergenthaler Limo
type Company. its successors or as
signs, shall have taken possession of
said machine, the said party of the
first part shall retain possession IF the
same and at its own expense, remain
in the quiet and peaceable use and
possession thereof. And the said party
of the first part, for itself. it's success
sors and assigns. does hereby cove
nant and agree that in case default
shall be made in any payment herein
before referred to, either of principal
or of interest, or in the performance of
any of the covenants or conditions
above set forth. on the part of said
party of the first part to be kept and
performed, at the time and in the man
ner limited for such payment or per-
formance or if said Mergenthaler Lin
otype Company. its successors or as
signs, shall at any time before the said
payments or any part thereof shall be-
come due and payable. feel its security
insecure or unsafe, or shall fear dimin-
chine, or if the said party of the first
part shall commit any waste or nuis-
ance, or shall remove, secrete. sell or
assign, or attempt to remove, secrete,
sell or assign, the said machine, or
any part thereof or any interest there
in. or if any writ. or any distress war
rant, shall be levied on said machine.
or any part thereof. then and in any
or either of the aforesaid events, the
said Mergenthaler Linotype Company
it's successors and assigns, shall have
the right and are hereby authorized
and empowered to take immediate pos
session OF said machine, and for that
purpose may pursue the same wherever
it may be found. and may enter any
premises. with or without force or
power of law. where the said machine.
or any part thereof. may be. or be sup
posed to be, and search for the same.
and. if found, take possession of, and
remove, and sell, and dispose of the
said machine or any part thereof. AT
public auction or at private sale. with
or without notice. for cash or on cred
it. as the said Mergenthaler Linotype
Company its successors or assigns,
agents or attorneys, or any of them.
may elect. and at any public sale there
of may become a bidder therefor. and
may purchase the same as though no'
a party hereto. and out of the money
arising from such public or private sale
may retain all costs and charges, for
pursuing. searching for, taking, renoV-
ing. keeping, storing, advertising and
selling such machine or any part there
of. and all prior liens thereon, together
with the indebtedness above set forth, |
or so much thereof as the proceeds OF
such sale may enable it to do. and may
retain a sufficient amount OF the pro-
ceeds of said sale. TO indemnity sald
Mergenthaler Linotype Company, us |
successors or assigns, for any damages
by If or them sustained By reason or
the viola ton on the part of said parry |
of the first part of any of the cove
nants or conditions Of this moftgs Sc, |
the overplus, if any ID s"iu
party of the first part. its successors or |
assigns.
This instrument is given To seeurs
the payment OF part of the purchase
money of the property aforesaid upon
the purchase of the same by the party
Of the first part from the party OF the
second part.
In witness whereof the said party OF
the first part has executed this mort
gage and hereunto set its hand ana
seal the 18th day of July A ID one
thousand nine hundred and one.
BULLETIN PUBLISHING co, LTD
BY
A. V. GEAR, Treasurer
By
WALLACE r. HARRINGTON.
President.
Attest and corrections are made by
2 H Hart Lewis Gear and Edmund