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<br />`a� TFfE T40RTGAGOR I�'URTHL'R C17VENAN'I'S AND AGRBES: . c C; �"�� � � + f
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<br />�` Thnt the Mortqagor will pny � lh�• indebtcsinr�s as herrinbrtoro prnvided. � . - . . � � .
<br /> That the � \fortgagor is � lhe � �iwner nf s��id prnp��rt1' in fce simpli� nnd hns go<ui right and InHial nuthoritg tn ���II and � � � �
<br /> > . convcy the same nnd 4hat �he-same �is frec on�1 clrar of nny lien or rUcutubrxncc; nnd that 1Turigagor t��ill •a�arr:mt :u�H ' d�d��nd Ihe - � .
<br /> t � r � tillc to ..�id prrmise� ngni�ut . lhe cluims hf � all prervnns µhom.never. . . . . . , . . . .
<br /> I . Tn pny ihimedintely when dur tand ' pay�hle :III �CI1Pf7I I11XCti. b(1l`CIllI Lir�`S. 5peci il ,is,�•;.nti•ntn, �.��.atcr Jv�r�cs, s<•�ver s�+rv- . � � � .
<br /> � . ire i�hnrges, uud olher Iri>rs tind chury;r. aµainst s�iid ��rop��rh•, and all taxrs Irvi�•d nn ( hr drbt se,-umd hcrrby. snJ tu (urnish the � . � � . .
<br /> . . . . fktorthage�>: � uEwn � r��c�ue�cl . wilh � ihe nri�qinnl c�r du�dirate - recui}rlr � Ilirre(br. 'Phr .`�tnrt�:.y;ur m;rrrs t6nt lhrre .,i�all ha� :��lded ' 1�� � . .. . . � . .
<br /> � eac!i monlhly payment roynlrrd hernundrr� nr andar �hr ovidrnre uf drLl socurrd herrby :�n :imnunl rctinutle�! Fy ilte 1lorlga„r�' � � .� � .
<br /> . ln 6o sufticient. to enable the � MoitF+�l:ue . lo pay, n, they bec�,me duc. �ill � tax� s +ssossmnnis, nnd sitnilar rharg�.. u�ion (he prom. � � .
<br /> � . isev su6je�K Ih��relo; iuiy �defieieney fi��r:iu>r ut tLe in,�diirirnry ��f :urh adiiilion�il �iiicmenfs ,hall F;,• furlt��cith � �;�•pu.�il�'-<l I�.y � th�� � . �. � . .
<br /> - . Dlnrlq�y+ol ��ith Uie \iurfg�geti upun Jrmund hq lhc• A1urt�:apov. Any Jefsult uudor ihc ��ar:��ernph ::hnll hr :6 ��im�d v d��lault in . � � _ �
<br /> . � paymant of las�s, asM•ssnu•nt.s,' nr simil+x churp��s rrqnirod hrroundoc . - � .
<br /> '1'6i� \1ort�;agor agrers thnt thrte sh;ap �fl�u he addrd . lu rarh mnnlhly p:p'nirnt nf prineipal .and i!dore:t requirrd hero- . .
<br /> .. under an vmnunt cstim:fti-d hy llv Afurigagec fi, 6�� .a�0icit•nl t�� rnahlr Ih<• ?�lorlr:nt;er lo p:n� . ns it b�.c� �inr> di:�� . th�• i»surnnoe �
<br /> . Preiniotn nn an1' insurnne�� polirr deli.•��red to thr �furt8agea. .ln )' defieicne�� bev:m=v o( fLo iti;uflit'iency n( curh nddiUan;d O�Y- .
<br /> �. monts .J�ail be fo�yli�vith drpwited by tho \turt�ngnr �cith llm ltortgaFec upun dr.mnnd Irc fh�� Afort '+�;ee. :Any def�vlt unJcr fhis . .
<br /> . P�ar.�gr:aph �h�dl tk drrmi�d n dc�fault in lhr paymotR of insuranca prrn�iums. I ( lhe p��ltii.c or T�n�icirs dopn::itrd i�n• snrh :�� In+mo. �
<br /> . r,w�ru�r= or nll ri.A p�ilicirs, :md U:e d��p�:rsiL :� rr in�ufliri�•nl to p;ip tlu� rntirr pr�•mium. � h�• Nor16,�::� � rn;� t� :�pply th�- dr�nn�it �o .� . . .
<br /> f' �. Pny prrmiums un nvks i��•quirrd ln bi insurwl hp � I�is murt �;;q;e. - � � � . . .
<br /> � Yacmrnts m:�dr hy ih�� 9furll;a�;ur uu�l�•r lh�� abuvr p:n:�Srnphs m,i��. at the n�Hi�m of tLr \furlpage�.�, I �:r LvIJ I�e it :�nd � . .
<br /> `. .:nmminglnd �vilh ulhrr such funds or ilc uwn fund, f�+r thr p:iyrnvnt n( :;u<•h ileir�s, and until ?u :ippli��.d . ��irh pn��mrnt:: :ir�� hrn,�,c . . .
<br /> i. Pl�v3�:ed as s��rurity (or tlu� unpaid b:danc�� of thv mmf ;;:y:r iudeblrrinrss. . . .
<br /> ;�� 7'0 �?nx�ure, delicer to. and nu3ininin f��r ihr Lrnrfit o( Iho llortg:�gr�� durin�: t6r I�(o ot ihis mort �;age uritiin;d pr.lirb:, aad . � �
<br /> a : � . ron�-+�•:�Ic thettr�f. delivcrcd at l�•:�•t. tr-tt days Ixdorr lhr �•zpir:LLion � �f auv sui�h poliri��;. in�«� : rg ag:� 'tn:;t fire :ind alh�� r insurnhle . . . . . .
<br /> . hnu;rds, casualtiev, m�d c�on� inge�ntics ns the Morig:�grr rnny rrquire, in nn amount equnl tn thr indrbtt�drn��v >���urir3 6}' lhis : . . .
<br /> x:. ' 1(ortga�e. ond in ai[nPamr,a accrplahle lu th�� A1u.-tg;if.� �•. �rilh In�-. ps•� .�hir <•I:msr in f:9��nr of :ind in f„rm am��p( :�Filr t; d:e :Aturt;ua- .
<br /> .S � g.K�. In lite cvcnt anr puli<ry i. not rrn��u�rl un or Ih7(�.�r� h�n dn>'s u( ih e�pir:Uimt, fh�• Dtartl;n�;vr n:n}� prncun• imurnmm �n th�� �� .
<br /> ' . in:proci•menix, ptiq thv premium th��refor, :md su�L ;um >hall I�.rr.�mr immrdio! rlp �hir nnd pncatdc u�iNi in�rn�.t at fLr r.it �� srt . � �.
<br /> . fu:ttt itt said nnt4• until p:iid �md =h:�11 Iw= �rrur.•d b}� tin< n:ort�;n�;r. I�tnhim nn 16�- ��ar� n( N:r• \forll.^.�e;�:�r tu fnrni>ti surh ronr�.c:ils - .
<br /> �� as are hercin rcquin�d ur failurr In puy nny s�ems :ulr:uu���d hrrrundor �:6a11 . :�t lho uphr,u u! ih�� A1nrtF:ag�v-, cons� itutr .� d��(nulL . .
<br /> o�. � under tl�c temu of Ihis nmrt.CaGe. 'I�Iio eIt•Iiccl't' u( .w�h puluti.-., .h:� ll . in Ihe acrn [ nf dv(2ult . run.titate an ussft:nmrnt o� Ih�• un- . .
<br /> ' <�srn�d prrmium.
<br /> j . . Any sums mcrived br the Afnriga;:rr bq rra=�.�n ui In.< or da:nai:e inynrod �igninst mny Lr rrtainrd Lc thc ,l7urli;;�;;rr � �
<br /> � :ird npplii�{ tu�curd thn p,�yntrn� nf U �.r d��ht I•,��rcLv ���i��imd. or. :a� 1he ophon o( thr �tnrt�;a�:cc� s«ch sums ��ithrr wl;olh• or in �. �
<br /> part map br paid ovrr � n � hc Alurt �s�;ur lu tk• u.ed ro r��p:iir sueh buildinFs ur lu build ' n,-��� buiidint:� iu thrir pl ;,i�•r• nr fnr �ny� � .
<br /> . . c�thor purpusc or ubjoci satistxclon� tn th�� Afurp;nl:rr �.,ithmd a�Rrlinc fhr ;i��n nn thi• morlFngr- (or � hr tuil .inmunt >n'ut.^1 hrre- � .
<br /> �i . � by hefure such p�q'menl rcrr t�aik Pl:�cr. � � �
<br /> :i� . 7'u prompily repair, rrstort� ur ru6uld nny huildinFs nr unprm ��mrn4. nu�� or h�•rralto: ru� ! hr prrmi.�e< w-hieh ma)� 6r.
<br /> .t'. .. . ' comc dnmaA.a1 ur �i�c� n�y�41 : tn I,��ep �:�iil �.ri�rni=v. �n yrw:i <�„ndin� �n and n•�mir and (m�• (nr�u anv mri�}�snir'y lirn or u: hrr firn nr .
<br /> y claim o( lii�n not espn•.sly >ubordina�cd lo ihc li.�n Lrr.�oL nat to wi5rr or prrmit any� nnln�.�ful u:r uf nr mn� nuisancr �o r � ial nn
<br /> ' said prop�•rty nor to permit �e�isti• un suid �vrmi�.�s, nur 1 �+ do nnc rihrr :�o� wh�� r��bp tl;r �irop�•rn� h<•re�bp ri�uve�yrd shiill brcome
<br /> ;� � less valwible. nur lo dimini.h nr iuipnir its �alue 6c nnr n�t � � r omi..i� ��i to art . tn r���npl� �,� ith ;dl r„quimmrnl; u( la��� w�ith n�+pocl �
<br /> ' tn tLe mnrlgaK�'d premi���s :ind Ih�� u=e thrrr.i(.
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<br /> . '1'hn( sho�ld thi� pretnisri or any part thrrruf IK� takcn nr dam;�pi�ri 6y rr:i.nn nf am� puLli�• m�prm�cnumt or i-undaruinliun
<br /> � prcxe�ling. or uuder thr ri�;trt q( ��min��nt Jomain, ur in :ury c,lhor m:mn��r. th�� \L ,rt;;acrr shall h,• rntilled tn :dl �nmp��nsalinns.
<br /> " awards. and any oliier pnyment ur rrlief t6rrofur. and shall t+e entitl�•d, at iis opLiun. tn r�nnmenr<�. npp��nr iu nnd pr�xevuta in its . .
<br /> � ����7� name �ny i�etion ur pra�i�eding, ur l�� makr nuy cumpnnnisr or :ri �lomrn[ in rotinrctiun �ailh sucl� lakinp: ur dnrnaK�. All =uch
<br /> comP�'n:.ation, uwarde. dama�;�s. righl o( action and prxwrls nre 6ereby a�ni�;nrd to Ih�• \i � �rtga�!�e, w�ho may, :dler deducting
<br /> - there(rom nll iLs espensea, releasr any mnneys so n�c�eivi•d by ie or apph� the sain�• ��n any �nd�•hlednes5 srcurrd hnrchy. 'I'h�� �Inrt - .
<br /> � gagor nFrees lo exarute sucVt furtfu•r assignmeN�c o( �iny r�anp��n .:itiw�. ;�w�nrd., d;+m:�gc.. and rq:hle o( :acti��n and Prun�wl. a; tho �
<br /> � - A1o:tgaFr�` mny reyuire ,�':
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<br /> � "Thal in casc uf (.iilurr to prr(ornt any of di�• cuvrn:�nts 1���� min, th�• \lort�;n�;er may dn on Hu� \1orl;;aFnr'. tr�h:0( ��rrry�hing '
<br /> . so covenunled: that lhr :�lurlgntier tn:�y also do nny act il nmy dv��m nrn�sc�ry tu prolt�ct the lirn ihori�o(�. tluH th�• \forlga�;or w�ll � .,
<br /> rvpuy upon demnnd any moncys paid nr disLurncd by th� Aturtga�rr fnr an�• of thc ahu��c purpo�vs. and such rnonrys Wg�•t6rr ���ith �
<br /> 'r . � intc•nwt themon nt the rotn prrn•ideci in c�id nnl�� <hall brrumr sn much iiddition�l in<Ir6ti�dnrss herrhr sr�ured and nu�v t,N in. .�
<br /> cluded in uny di�cree (oreclusing lhis innttgage ar.d be pnid out of lhr n•nls ���r pn ��•�•rd, uf .nle ���( cnid premi,rs i( not nihrnvise
<br /> 4 paid: th:tt it shnll nut be oblignlory upnn th�� �tort�a�;ro t�� inquirr intu tho onlidity uf anv lien. rncumbranc,�.. ur claim in .id. .
<br /> vuncing mnneys nv ��b�nm authorizcd, but nothing 6erein contnincd shall be construed ns rev�uiring thr !�inrtpn�;���• i �� aJv:im'.• ;�ny . . .
<br /> .�. moneys tor nny such pur�mse nor tn do any t�rt hercunder, and llu�[ b7urth���o. :.L:�ll r,�a u��-�� r un�� �,.� r<� �n:�l I�:�bilih� b��cau.o ut :aq� '
<br /> � thinA it m�y do or omit to du hcrcunder.
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<br /> In thr erenl oi lh�� default Ly Afurtgugur m th�• p:q'mrnt o( an�• intitnllrnrnL :is roquirrd hy thr ldnl�� srcurvd hrreby. or
<br /> in (he {n•rfurmimce of lhe cd�ligalion in this mort�ngr ur in the notr ��rurcd therrLy, thi• \fortF:igre sfmll br �•niillyd tu dw larr Ihe
<br /> deUt 5M'ured hereby due nnd pnyxblr H�ilhuut noticr. and thr lforfFOR�'e shall bc rnlitled n[ its nplion. ���itliuul nulici•, eilher hv iL�rll
<br /> i' or 6y a r�rcivcr to Ix� appuint�vl by thc court Ih��rr+�(. and without regard to thr ndev�unt�� of nnY s[ruril .� for th�� inJc6trdnres v.
<br /> 4 - cured hrrebti�, to enter upnn nnd take �>os'session ot the morf�;agi•d premises, tmd tn cnll��ot nnd rec��ive thr rrnfs, iswi•v and prufits
<br /> , lhereof, und nppl�• lhe snmr„1�5s co�ts o[ o�Kration and rollectiun, upon th�• ind�bt�•Jn<�cv s��currd hy Ihi+ mort�uge; snid rents.
<br /> isvues nnd profiLs heing hereby� ncyigned to the A1ort�agre a. f��rther s�rurit�• fnr th�• pa�-mrnt nt nll ind��btrdnrsc cecur�•d hrri�hy.
<br />, <.„: 'Thc A4ortgagcti SIIUII }LIVP l{1C puwcr to uppoint nn7 ngrrt or ngrnis il ma}' desim (or thr purpm:i� nf rnpairing .c�id prom • �
<br />� ises: renting the same: mllecting lhe rents. revenuea nnd incume, nnd it mny p�y nut of said incume :�II ezpenses Incurnei in n•nt - . . � . : -,
<br /> ing and m�naginF lhe same and o[ colleclin� tho rentals Ihemtmm. Th�� balancr rrmaining. i( nny, shall hr applird loward fhr ���^s':%: � `
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<br /> : disahnr e o( thc mod a r indebtedn��s. Thia :��.�i�nment is tn trrminatr and fx�come• null anJ ��nid u x�n n•I��ri4� uf thic mort�a r. � N '• �
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