, �w
<br /> , ��ti . � � � � � ��
<br /> ` ' ��� �:� �. � � � - � � ._
<br /> � ; MORTGAGQRS MAY MlAKE P12�PAYMENT& OF PRINCIPAL ON AIYY=' INSTALLMEfJT : OUE DATE. 51iCH - PREPAYMENT SHALL 13E
<br /> �, i APPI.IED 70::tM$BALtJdENTS.'L"1�ST'!'O @ECCIMEQUE UMDER :T(it$ MORTGAGE. . PROYaGEp. TNE UND£RStGNE� ARE �tDT IN QEFALLT
<br /> ' 2 A!#p'ARETktEiV 7'tiE OWNERS �iF 7HE .MOR7GAGED FROP�R7Y, UPON REQUES7 dF YH� UNDERSIGNEQ, OR EITFIER OF' THEM,
<br /> f✓ I �; �
<br /> ;' " PA"l"EE AC,REES 'TO""E�1RN(SH �O THEapN�7Eit81fsNE� SOP°fa ;OF S13CH'' PRINClPAl. PREPAYMENTSy' UNI.ES$i •Ad1IAN�L'EMEN'f �S PRd- �
<br /> � H18tTED' "SY,;Tti£ REfs'i3tA770A[8 OF' C1^�AR'�ERI[�YC�' kND SUPERYlS4Ry Al1TiiDEtfT1ES TH£N fN :EPFEGT. ALL" SUCH /1pVANCEMEN3S " , ' � ; .
<br /> ' ; �f , �� SNAF.4 BE'�SECURED`�816r^i'H18��l�RbRTG71CxE IN�TtfE� SI1M� �Ar{l1NC+iHR"AND - EFFECT� AS (F �NO I�REPAYMEM35'HA� BEEUi MAp£. �.s
<br /> `p � � . � � i ' � ; �
<br /> f� ' �'FIE 3YLOEt`�AG0�4 sFUR'!'�1ER �COVEI�tANTS ' ANA AGREES:
<br /> ;�"�MMM � , , ; ' ��
<br /> 4l� �� � � . 4 ' •'1 1 ] � t � � . : ; . + ` : '. �, � .
<br /> �a4 � . � . , ' " ,. . . . ; . . . " r' „ t �` r
<br /> � � T3i�t the-,MortgaBor ,�vil1 paY �� -indebted»esq as herninbefore provir�eci. `
<br /> � � � r � y � �
<br /> Ly� � � `�� 'i"i�st T1ae MotEg�ur is the owaer o�' t�aid, �roperty in fcee �.si�pl�y amd has BR� riti�C end lnwful rtnChvritv to sell a�nd - � 1 , ,- { x:
<br /> � ' �' ; ' cnhv�pp t}e?�.samn �nd s2hat the-same is �`r'ee snd etiar uF any liea or encumhranre; an�l that il4fsrtgag�,r tvikl warrattt_ and c�ef+ea�d ti�e �} ` � � r ;_
<br /> rt � �dt[� ta :&a?d; l�rerl�i�es. agaiitst..the claims . oC all. gaer�ons whmnaoever„
<br /> � � : x. ; ,
<br /> � :; ,. -, �
<br /> s� d ,
<br /> 4 �, „ `I`o paY YmmHdiateE�t u!hen due nnd "paYable "ali Seh�ral taxc.y, sl�eeiril l�txea sPgaiak a:��:essments� tvater ctta?Kk,�. �ewa�z^ �serv, � a � t
<br /> d � . icc�{ehatgc�s, ;az�d ptlaer ta�eg �iial cE�ar�s� aS�in�t feaid pxnP,erty, and ��13 taxss :devied anrthe deksi;sec�red l7ereby..ant� tu faisnish Lkte ? ' �
<br /> F ;; , h�att�;a�ee, t���nn requedt. wi!}s the, ori;ginr�I or <iupiicate xeceapts thezefc�r. 'L'he Mortga�or a�nees that there sh.yll b�e added ka 3 , ; , ' °
<br /> °f, + '�. f�� ���}j1Y P$Ym� �=equired hereunder ax vnder the eYidence af debt secured hereby an simount entiamated. b3+ the Mp�LgagPe �
<br /> �� � ' Co��.� suf�`ic.ii�ni to emabte the �.,lbiartgagee ta pay.- �d t.hey��-become dae. all tsxes, ae�es.sments. and sianifar chai�ecs'. upnn E6� �rem� � , t �' ,
<br /> h r ,.� ; , i�i .�ubjec�C �t.ki�n;ta,. aaay de�e,ieacy, beGause qf the insuSiciency of such adc3iLionaL �aymentc, shail be � E�>sthwith � cj:eppaitpd �:by the '
<br /> v �^ M&x�tgugoc ivrt3x� the��Iyinrt�,e.gcte upon demanci Fi�v the Mort�agee. :Any ffefault under:2hir, paraKraph ahall 6e rleemed s defnult. in � , � , '
<br /> '
<br /> i '? payment . nf!'taxes; ae�s¢asmert(�s, or simi2ar chaxgPs rtquircrrl hereunder, , � � . �. � '� �
<br /> � � ... . . .: . . �� , .
<br /> " � , �; � '.Clze Mnrtgagor agrees thst �� there shaIi �.�alr,o be �� adda;d to� each .nlonthly payment of ���rincipa! � and in( r,rest required here- �' � � r "��
<br /> �x =' � 8 � under an �ar{zrsunt esGmated by �.� Lhe .Mortgagee :to �be sul6ciF.+nt to� enable � thc. �� ?Vlortgak� � 10 f�xY�,'� as it .l�e�Y�mes due. the in�urance �� , � ��� �.
<br /> .� �:� `: prem,ium vn:��.any inxurance �w1ic;Y clelivered Eo..'fhe Mort�agee.. AnX�. deSciencY because�� nf t}�e� .'snsufficie.ncy of such� �� ndditional pa'y- � � ` " ` � ' , �� ry ';
<br /> .,a :: mezc�.9 shaIl be forthfvith deposited b,�� the MarYgagor with the � Mortga.gee� upon cl�msinzl L,y the f�lc�rtgagee. Axiy s�efault under this - � �`� - '��
<br /> iq ; � F)ar�gr�zph shail bc ctaemed a �deRault in�:-U�e E�synnent o£ �ensu.rance � ��remiums. � II� the Fxolic,y or ti��ol�cies �deposited are such as; horru�- -� �
<br /> ,t� ;� : �� awnera or all rit�ic poiicies, a�r9� the dutwsits are ineuRicient. to �ray �� the� entire preminm, the �� Mr�rtgngee� z»ay app6y the deposit to ,���
<br /> �' � •,� P�,Y Preminms an risks required to lk� il3surPd bp.��:[his�.mortgage.� � . . . � � � � ,� ` : > >
<br /> r m
<br /> � , : �. � . . . . . . . F .
<br /> %�w .s :�. . ' . I . . � . . � . . .. � {. , �
<br /> 3 � $aymon.#.s msde by -#h�e Mortgaqor under :the�� abnve T�aragraphs may, ati the� o�>ti�n af� the Mqrtg�ge.�, br hetd by �:it and � ' �� ' �
<br /> � �
<br /> �� � cummingIed �.wit6 other sueh ��fux�ds ar� its own� fu.nds fos � t}�e: payment� of Such. iteir�s, and unti.t sco ap�ilird;-,�uch Faayments nre :liereb,v . �' �:� �,�
<br /> "* "* �ltdgeci aK aar.urity frsr thc nnpaid halence ot � the: mortgage indebkedness. � � � ��
<br /> s �S : . . . . . . . . � � � . . �. � . . � .
<br /> ,� ' Z'o�� prac�ure, ��Ieliver tv, �¢nd tnaintain for khe benefit �of �z�he . Mort�agc:e during�. the Iife. z�f' this murt�;uge <irigin�l �wlt�ic� and � . . ,� `.
<br /> ; a renewa[s t,hereof, detivered at� :leant �:�ten. days tiefare t.l�e � e.xP+ration �of .u�ny � su.ch ;�oliri�:s, u�suri��� againeE fire ar�d.� other ��:insutable ^. , < <�:�
<br /> ' * hazazde�. aasualties,. � und c.ontin�encie.9 �� us the .Morxgagee���may require, .in an ���� amu�unt �. equsl �. fc� ti�e ; indebtedneas:��� secured �l�y this I ',,
<br /> `��, Mprt�ege, and in companies acce��tab1N. W t}�e MorLgagee, v.�ith : lose; payabie clause �in favor of and in fnrm. acceptabde Lo the ivTr�rtga- �
<br /> " gee: In the �evant � any policy � is not renewed on .or beFore ten days� of i�s ea�siration, .thr Mortg'a�ee msy � procure 'snsurance�:nn the � �� � `
<br /> ? � � . ixnprovcment�, pay.:�the premiunu� therefor; und ��. such sum Ahaf1 Ue�.come- immediatelv due and : Faayabl� �. with ititrrest��� nt khe �.i�.utr� set .. �
<br /> `�t. '". �� ' tott�h in aaid naW �.until� �i.aud��. r�nd shall . :be��� �cured� by�. this m�rtgage. Failtire.-�:vn the part aS" th�� Mortgagor tar f�urnish sueh:�renewa2s , ����:
<br /> " as �.are herein�.: required nr �fai]ure te� paY �any:sums advanced hereunder� shail; at the nptinn of ihe Nlrartgager., �� cc�nstitutra� � a default ���
<br /> + . %�' under the #erm,s of: this mart2cage. .The delivery oF snch�� �»lioiea shall;� in the cvent of dofauit,� constitute� � an essignment of�� i�hn uxi- ` � ' �� :' ^ '� �,':`
<br /> �,L . . , . . . ' �,
<br /> �i a R&I'i]C4� jYiBTb.FllTSL � . . � . . . . . . . . . .
<br /> � . � �
<br /> . l r �
<br /> �
<br /> y, i .. . . . . . . � �
<br /> Lr , � � � � . . . . . . . . . . � . . . � . n r ,.
<br /> " Any xums � ��received`. by :the Mort$aqee . by , reasa.n. ��f � Ic�ss or � dam�ge insured a#;ainsk may txe �� ra:tained .hy the Mt�rtgagee �:� } ,
<br /> � �
<br /> ' anr1. applierl� iuward���.the�,�peyment of� ..the �� ciebk�� heretay �secured; or, � at Ghe�. �option of t}Sc. A4�rtgagee; such� �sumx �crifher � wholiy or in �� , Y �.,,�
<br /> +" '� �`` part may .l�e paid over �tn the -:�Mortgagor to�� bc� vsed to"�repair��such �buildlft�s � ar ta.. build �� new � t�uildings: in thFir� place or f�r any �. ` �
<br /> . i
<br /> "� other pnrpase ot ia�ject satiafacLury^ � t:o �thp MurLgagee withc�uY afFectir� the tien <�n. f.he m�rtga�;e for the f��ll am«unt sex'ure.d here- � -
<br /> �`,� , `' by.�.kx�fnre svah pavment ever ::took place.. � . � . . . . . . . � 6t . . � . .. c ` � '� - � �.
<br /> , �
<br /> ` i r
<br /> p . . . . . . . . . � . . . . }'
<br /> " k ' Tci �promptly� repair, � re�steare or rrbvild. .any � building�� or iniF�rove.ments now . or ftcuc:a[tcr �an #he� premises whieh may Ix• -. �
<br /> ` �•r � cc�m�* �lamaKed ar deatreryed;�� Yo kijep ssid premises in Kw.id condition rind. repair �i�xd trer frarn.. uny mcr.hbnic's .lien or Krthe.r lien or �� e
<br /> Yt � ' "�' claint of llen:� rmt e�Rressly -rtcilwrdinaied.to the� Fivn bereoC; noL f:o� suffer or perrnit. :�ny: u�ilawful use �>t'. or x�ny nuisance tn � exist an �
<br /> �*� � saifl {�copesty nos ty '�permit��. waste on� �s.iid premi�urs,. nor to db aity -othor ;er_Y� whereb��� the: prc�perty .h�*raby c+�r�tvey<�d shull � becU�i� � ' ��
<br /> k , r ,% . 1ess� valuable;. nur to�.di,minish �or imP+��r .its value �by any act ar omission tu �.xci; tn c�.�mp1y .�vith rill requiremwits� oC. 3aw wifh�� � re�specC � "
<br /> „* �the murtgaSed PFeraises und �tYxe us� chereof. . . � . � ' - �� . ; ' .' : :;
<br /> ,� - tA' . . � . .. . . -. � � . . . � � � � �: �� � �..
<br /> Y1 � . . . . . . , .. ,
<br /> � � fi�iat shcxuld 4hr. premir�s or any part thereof t�.: tr�ken or darnageT! hy reasc�n ot anv .pub2ic ian{irc�vement -mr condemnnti�n ' �
<br /> V ; proceeding, .or under .Ehe right of eurinenC dumaia, os in arty other "mxnne.r. ` t}�e h4ortgagee shall be entittcd 4o alt ur�m;aensatiox�c,
<br /> �' , "�.�, .. awercl5, atirl.�� t�ny oiher }�ayment or� retief� ihere[c�r, und sh.:al.l t�e e�atttieli, at iis� ol�tion. ��to cotrunaitce, apper�r iri anr;d� ��rrraecute. in it.s -.�
<br /> s�wn nnme�.��s;ay. cu;tion. or prsx�eeding. :�r� taa make.. anv�� cc>m{frvmxse�.or se�tlement in ccinna4tic�n with such kaking �+�r dnma�:.e. : A.11 auch�� . �
<br /> �..cpmPensatson. nwardas: damages, righP ��of nclivn� aned ;�roceecCs :rre �hrreUy sssignp�l: to . lhe�. �Mnrt�;agee, -. w�ho�..may, ufter��.cieductixxg�. .�.
<br /> ��` " � Yhare[sam: ttl.t skK���c�%�aeeue:c-s:� rrlear.e . aiiy me�ne�ys �so� seceived U}� it ur ap�>iy thr vatne on any � inc3ebtK<iness� s<xurecl: hereby: Tfir, Mntt- ��� � � ' � .
<br /> a E
<br /> ]s . {'8�ri`DT '7�aT04'li� �4 Cl�dCtl�� SUC}! ',:Ttlif}iCT'.fAl�Ti3�Tl217C'IITE�- bf .:3I'/Y . C'U!'tl(l�TlvPSflVi'l�: �8W:3itIF, ((8T1]8�?,C3, iifll3� .i1K1'!tE D}� ACt1Utl FiMC�. � �If�GYtK�9 � 21'3 t�'12 � � �
<br /> Y� ' IvTo�ctAayJae, sr+�Y �Lui�re. . ..�. � . . � . . . ' �.. .
<br /> � ��' T2tut�in cax3e of iailure.. ta F�riurm az�Y �*f �Glxe covYnantr� herein. f.lre M�rt�ngee �xnay do an the ti4c�rl�;ugor's- }�half tverything � .
<br /> � rw covexs,unl.ed.: Chat t2ie M�r4gagee rnay, � al�ro do axnY act it mxy �ee:xi iteccsxsry G� prufect tt�c� 3ien thereuf: khat Lhe MorLgsKar r»II
<br /> +N .�. . � rnp,�y;u[ao�R`idemaa4d :a+.ny mandys i�aicl�ror di»bursed by the::Iufortgagre far any::af the abovk purposr,s, snc! �+uch m�ne<ys to�etf�er with�. : .
<br /> �' �� f -�inker4st themvre at- the r�rke �irovir3cai : .in� saict �noi�,e skati bc+ecrme eo� �much icr,tiiitiannl� ..in�3e�,�t.edraexs l�ezc:b3' we,curcd �� and may he in•�
<br /> ; � :� cluded in anY deer� Iarcx:losing tJ�is morl�+�ge .aix! be gaia�. aut �f ��.i:he rents. �a'�ir pn�c;eeiiv trt�.scxl2 .aC tiaid laremtseo, �.if na>t �Utiherwis�a. . � �,. �.-, ;.: . �, +...
<br /> a n�id: ' t6st' .it> ahsli ziitt l�rr +�hi�ga�tury ii�mn Lhe L4eartgagee.�L?a inyvire ��� [asku. �tkar. velidity �<>f�. any.� l'aerc. � cmc�umFrranc:id, �� ur ciaim: � in ud-. .
<br /> ", �ay-�:� ��.,-�.,s � :,,�-a seli-..^,�.:......!, hz�i s��!hir� �� �her°�.xs �. s�on±a'sa±ed:�.�za31 !+e c.�re�fzusci as rcWui.ri���e the � MortKa�ee. . .to axdvuncr any . .
<br />�+ ` mocieYs fo�c e�rit �'uch-:F+�rl�e �r�r ts� da anY ar�t herej3ttdvr; �and LhaY � T4csrRga�v�+» xhafl nnt inevr �.�nv j>enon�! IinkrilitY� I�ecause��of any- . , ' .
<br /> ce
<br />�r� . thing it mzzy��du ur urai64 4u �iu :jaerau.uler�. �. . �. . . � . � � . . � . . . "�
<br /> s' � �� � I�x Eha cw�it zrf fdie d�fmult bY Murtgxgor. i❑ thc yaYment c�t an.v i,nsLalkinenL. �t� crquireci !>y tt�c+. Nuicr e.e.::ured t��:a•eUy, E,r : -
<br /> E ' in 3�he �aer.Eocmancrs u1��- ihe ubliga,Gon in 2txira tno;t$aSe. ar in "the xiot� seca3rad t3�ere6Y, tihe Mart�z�gees1ia11 �ir� enlitic�ci to <i<clare the - . x •
<br /> �'^ _ . . . . _ . � �.
<br /> ,� . . a'l�eb� sw�eearred,�. hcrebp. cl . ��,f. und�c Dicarl.�abcuesLa]l�:ba .rntittcad at its a�Liun. .+�'iChvutnaticce, e'rther.�hy zf,self � � � aa,a.M �' ,.
<br /> si�, and payaW.cs wxt.�vut noLii.� ruui .i
<br /> � '� ` se+�ki+�t�T"�o 'k`Ze �:"�yY�soi�ateciby the ��court t}ee without regard trr� fh�• ac3 � ' - � �- . �` �.
<br /> £ .,i^ }�3r "p cyuacy of �sny xc•cttrity fnr 3he � zndrbtedness S�e- ��;� �,�
<br /> r , . , - . . � . , . � . . . . . ' ,,
<br /> �� , �. ,: , cuie�3 hexti�rY» teti."ent�.r u�qn gad #.ake poenessxan..:of the xntirl8aged �Preamixe.u. _gcul t,ir �collect :and recrive . tlxe rer�Cs, :rsauea snd. . �>rafit.s . . . . ,�=;r,� ; : i:.
<br /> '' , & .$�a�€, �,,c,S :agRiy the 5ame. less e�ts af od�rmtict� and G�+llectaon, �:uPan the.: iiuleiskc�cfn,ez� su•cu.md hy i}3�K moregaBe; se�ici�. rnntei. . , ,. `:.t, t , ��.
<br /> �5 e
<br /> '�a, ,�k u}t!cti�es aad �,res,eflts bta;r�� herebY..��ed :F,o the;MartS���e aafnrthar xec•uxitY foz the n7Ym�nt a� all S.nd�2rtc�lae�.s e�ec�a,rorl hr.:retry. .: �.• : '
<br /> r�`� �� � � '.,; 'Fftt��`Ml�rti�m$� di�atl'.laiave --the B�orwer io aF�Pa+at sn,Y a�eal or esKents�. �et mav ...desire f.>e ��.She �urp�roe ��f re�+niriag �id. Farem- � : _,� `^ � , :
<br /> � :, ,, , . . . ., _ . , ; � r
<br /> � , ro , . :'. is�, r��.ta�dtd�i:�be :�rttnsue;•,daY1�tttt�K the re�ts: reveei.am.e atbd�.:ancame. ane3 iL m�Y" Pay t�t�.t nf �cl inix.�me xtt exf�ennr.s azacurrti�l��in r�nt- . � � �� � 3 . .
<br /> ,,. . .r •a�tg:�.4lli�r„p���;.`tl'ier;samo 'and Kzf coiSeCtinB the re.nt.stis�� ��Elserefra+zi. 3'he 6atanee rer�mining�. � if un.v,. viiali l�r•� at�t,l�ed #.f,wxrd the .. .. ' ��: ; *,�'`.:�,wF, �.
<br />�� � ', 'rlisiN.�'h9 ���� t'4+�.^ mt+r€ f ind,e�sUA,edaeeoe:. Thia �ass's eat�..i�, tra - tr�irrriinatr�� ana4 M+cv�mt� � nuti ��Kne:l uni�i u x�n� rrlt�a:w+ �+f tlii., m�7rt .a e.: � . . . ::.� yk,,. !".,: ..;.
<br /> .,� . ; . � .,. MSf�_„�, �: . : : � Cn& � , . . .. . .._ . Bi°m . . � . .. . . . f . . � � � F � . . . .
<br />�,P s
<br />�"'�ky ` � � . . . � . � .
<br />�37
<br /> ��
<br /> `a� . . & . � � . . . . �
<br />¢ � 4 3� �.... ,. � . : ,. . .
<br /> i
<br />� . . . _ � W�.^ . . `ruY^� �
<br /> t� .
<br /> .
<br /> x -' � � „ , . . . . .
<br /> -. , ..�. . . „ . . . �� � .,� . ... . . . .: .
<br /> t . ` �. . . . � . � . . . .
<br />`r
<br />'
<br />, �
<br />
|