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<br /> T.HE MORTGAGDR c F.UEiTHER .. C(3VEI3RNTS, .AND `AGE3EES: �
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<br /> . ThaL � Yhg Mortga�or„wi11 paY the indebtedn,�s av��:hereznbefore pxa'vi.rled'. * �. w, � , ' . .
<br /> � Thnt the ' MorCgag9r is� Lhe owrtFr oE 4aid t�rerperty in tee ���i�np[e and has go�cl right and �.law[ut authority tra s,el1 ancS
<br /> r„unvey the same, and� thak the sprqe ts. (ree and� cle3r nC any�, Len or encumbranu�; and thnY Mart�;agor � will warrant an�1 defencf �the
<br /> � �� titte to .said ;l�re�cnises:` sKa�r�sb khe clsiit�§ of sil Parserns whrnnsoever�� � • � .
<br /> To pay 1xziYned�s�tely 'vyl^iexr due and ;iayatile 'alI ��enera[ taxvs, bpeCial�: taxes, : s�recial asses5ments, � w::tc r charges, sewer srrv- . . �
<br /> ice char�e�, and 'olhertaxss a.ntl clrarges �� s��;tttnst raid j�superty, and � al! k:aXeti lavit�rj vn:_thce s�ebt sec'.t� re,x,i hcrekry�� � and tea tur. nish 9he ..
<br /> Mcirtgagee, upan' �requr.st,'' wit}t � 'th�� , oYiginal iar duplicate �� receiz�ts � :tkrerefor. ., '3'he h5ortgage>r ��agra�r.s thak � theri, ::1�a1l: be �air3<1e��1 trr �� � �
<br /> e�,�2rh xnonthlg �pttymerzt r�quires3 h� manr�ler c�r uii�3er the evidencr d[ rle�iet ;aecuretl hr, rehy air ��imoiirsi esiinrHter� by Stee Morlg�ge>e .
<br /> to :�. bP su�cienti: to �nnbTe thc 1Nprtj,a�ee to �;�y,.� a� itze.y � bt�cczrn�^ stue, t+li . �taxes, a,saessme�[s; arid � similar clau�-gaes �uFx',n tt�e' prem• �
<br /> ? ; ' 1sKe'seibjeet'-'£heroto; ��ai�p "clefictienav ����fluae E�f� lkres: inSuYticiency of �.vuch :�ad[iit'sonaL p."rymenL3�� s3iall F�e" [brthwiq'h �zlvpn.sitetri �.. 6y the ��� �.
<br /> � � �..:ftifort�agqr with� �the AlorlgngFe up�n dernanc3 :� 4y thc�. M�irtga�;ee. Any. r3c•3':iialt � ur.<3er tkiiti ��nrti�;r��xh :�kicall }rEs .�Ic-e�nar�ri . ;a . �tefatizl4 in . � � .
<br /> � , ��� payerrcnt taf���� taxev, ita.eE�+nrrwCs�;��. nr sirnilar� �charges . rrrq.uire�3 ht�reuzider. .. . �. . � �. . � . . . . . . � � � . � ��
<br /> � � � The ��.T4xnrt ,a�qc . a�;re�s . f,hat tliere sl�rall, .alsn ha� z�dd�d ta . vaactx inc,7nLhly .}'��Vn't4nt <�f �,�r�inci � aai � and iutf+ re�t r��quic�;d }>eze- � '
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<br /> ; .k . � undi��r �an� amhunt estirn�t<�rl by the� i�4nrtgagee tu� b<� stil3icient to� er,able tFte �Qortgagce {��� F�»�, ,j.; � f hecc,�nars r: uc�, the� :n�airanr�� . � �: � �
<br /> �. + -� �zzensium an� uny za�:iirTnr•e �licy deliveretf to t6r.. tiloatgugeE�. Any. cieficirncy bi•enuse. . a( the� ins;ufieciene.Y ��f �. such �clditir>nal � :p�y-
<br /> � � xrytuaf.�:� hkalt' F>+> fnrthCi•itFx de�psited ��yYh� 1Lfurt�;af;<ir wit.h th�• Itlort�ng�re �uF�.an drm�rnrxr! t�y �thn � ;�,t»rt,�»Qw� � ikn.y - def.itaSY '��nx[34+r fhis �_ . � . � �
<br /> � � ' }Aaa•4ig�ra{>h shal! tse �des:inect� a dc-�fuirlt �in Yhe pnymint nf iriii� rarice� Prerciiurru�. IE tlie� t�alicp or puiicies ci«e�n�sise,.cf urt� .;rav}: as iri�mc - � . . �
<br /> awner.-a � r>a � all �. risk �� pa�>I�ic:ies, anc3 #}redepusi4s aririi�suffxa:a' ent to F:�ay the entire prenaium , ; he Mott�;r�g;rte rni}� c+{7p�ly thr r3+>Posit � tn . � � � �
<br /> ' jrsp �premiums- c?n risks � sequired to bc in�;urec3 by � tnis morta:�F�'� � �
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<br /> . . I'S,Vntctnfa madc bg Ykrr n9orfg�gur c.niler ihe �above� 7zaragra�7hs may� , at �t.l'ie� c��� tion .of Lhc � *durt�; i�eo�, k�e izr;ld � }ry iL dncR � . . � .
<br /> iK'`� curnrA,nnglvd v.ith uthrxi su�h� Lurxde� �ir its c�wrx fia{u3s (ur Qhe Fr�ynacrY[ U! siici� e .ecns, anei unGil scr ��p; aed, sucpi ��iu�urnent�; eare� hnreby � � � � .�
<br /> .. '�' ��ledf;e<!. as . secunty� P�>r tlie . unpaid haJFince r:f � thi>.. inort:gnge inc3ebtr�dncss � : . � . :�
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<br /> . � � � � : Tti ;�rucurn�, .dekivcr to, antd mainteiei for � thx! ba�retii uf iha h4orty_,1age�eclurin� ibe life. of Yhis mbrtga;;rr or9ginttl� peiities and � . � -.. . . . . _
<br /> . r:^»e�erais tl��erenf, delivered aat lir:�sb ten days bef.�rc thcr expization uf arry �itclr ��olicic:;. in,uiirsg'�a�.aiast firer. tincl uY1�:er insur.ahle � . . . � . � � .
<br /> � }i3zarde, . casualtie�, bnd conting�ncies. tts � the ;�tor4ra�c� rn�3y requirf�, in an amoeinE egura! tn the indeLtFdnr�s,v :�a�curec�i by U�is � .
<br /> � &Sorfgage. �.and in a'smnanies Heee�>fab3�.� to t.he Mr�rk�,s���>�e, with tc,ss µayabir_ elaust�r in tavor „f ancf in Forrn aeer-p�ti�.Y�10 to tAc: M'ortge- ' . .
<br /> ;' , �.� . gee. � Zn � Che f.rv{tnt anl' Poiicy is rtot ri•�seweei uri <> r be>, €orp t.r�r� �3a3'4 ��f iLs exa�4ratis>n., the !Vfortgax=a:i n�ay prucnr+; inSuranCt� uxr tha� � . . . . �
<br /> ' ` �� � � im{>ruvetnents; �ziy Y:hi- pretniurn theretor, an�<1 Yuch sunx s}iali hecorne irrimedi:atcrly ehie anci payzvk;l+:• �,- it.h : nQen-st at ihr rx�ie set � � . �
<br /> � . fnrth '. u� said .aotcr �nt.il paicl anc9 sh�lI ix: ��rc;urrd by tFies �nnrt�,�agfz_ Pnilure on the yynrt of th� Lla�rtg�agnr tcr Lurni,rh suc}� rrrnewa)s . . . � _ �
<br /> � . us �ar� hesziq requirYd or f;�nilurc to pmy any sums advar�cvd herrunder shx#I1 . at ihe <>pt.ipn oT eYte M <�rty;a�re:, es.a-�sti4ukna a �i�d�ulY � . . . . �
<br /> � ur.der the �terms �af this znart,�,agc. "I'he delive. ry crf aurh {�o0icie-5 slaat7 , in tF��e t;vi�nL ol �<' r«f�mutt. coastitule un a�,iKnmc^nt �?f [ tre ttn - . . �� . � ..
<br /> � exrnc�lt�remium. . - � � , � �.. .
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<br /> i� . � Any �uins zcceive�l k�y � t}�e MortgaK'ne by rea��r¢ e,f !<ass or <lem.�gp insure�d u�iiin.ht n�ay ,:,�re retained t��g� ihe h4�aiiK�ge�e � � . � .
<br /> , ti � � � � ianc� appLied � tok�ard the patyment ut Che debt h�.�reby securcd . r,� r. .at i.Ti� n4-�tioa uf t}�� 9.9ort�ag[:e, vuch sun�s either whc,? 4y . or in � � ' �
<br /> ;:-�� . � � ptsrt may be paid sver to t�he :�'Lart.�;::ig��r � to bc=. us�d tn r��r�air suctz buiidings or to builc3 ' new- bui!<lirrgc iri t.heir ��lare or {or �r�ny � � � � � .. . . � �
<br /> . ; � � . �ther purtwse or� of.yjec^t s:.�tssfaciory � to the �14urtga�;re wit:l�iuut ::tTectim� i.he lien an ihr mortgage fcir the. fu1L asnount Se•cyarea! here- . � . ' � � .. �
<br /> :� . hy }xrfore s�ch payment �ever tcx3k place. � � � . . � � � �
<br /> � To promptly repeir, n>titare ur rebc�i3d any buildin�;s nr imP����'�ments ntr�v r.�r hf�veafter nxt the taremises whicf�� mny bc - . � � � � �� �
<br /> J � � . . io-me damaged or ci�stroyecl ; to b:i,ep said premises in gv-,,ced condit.ian and repair anrl fre+> from arvy xnach��iic'w 1S �•n or othe:�•r lien ar , - . � �
<br /> �; : � . clt�.im� of lien � not expressty suburdinatod to the lien heerE+<af; nut to suffer or p+• rniit� an,y i� redxwful . usc o( or t+ny r:uisancr ta e .:ist on - . � �
<br /> � � � sAi(� properiy nor to ��t>rmit, w:a�ste un st� id F� remis.es. txrr Cu clrs any vih<�r �rt wheri�by t}ir pn>��erty k�ervby re�nv+�}�ec� St�ifif � S'�kcome � � . � � . .
<br /> � � tess valuable, nor lo diminish ur intpair its vaIue by any act or omissi<�n tr� a<:t ; to carreply �uith ai ! recguirenients off 1aw with rrspect � � . �
<br /> . � 4a � the morlgaged � pr�mises un<1 tF'te use thereof. � � � � � � ��
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<br /> � . . . � That should the premis;�s or any pnrt thereof Ix� taken crr d�+m�gcd by rr.as<>n r�f uny public irnprovement ar cundem�nation � � . � � � � �
<br /> � � procee<iing. �gr � under ihe right o€ erninent domain , or Sn any other manner, tt-ee A9ortgagee sh:�lt be rn4itl�1 to ali� .cym��nseit,ions. . . � . � � . �
<br /> , � � �� awi�rc3s, at�d � any� otherpayment,,:4r �retief t}�erefur,_ans#, yk}�L:;,k�e..enLiiElexl, � at� ils option; � t�i enminenre, �appear 'i�# arFFI � -ptrcxceiute-�in �its � � � � � � .
<br /> own � narrne rinY action or � t�ruceeelinK. �r to make any cornpromise or setUement in cnnneckiun with se�ch iakinK �sr riumage. All �such � . � � � � . .
<br /> � 3 �� � .eompenssti�n.: awafd�. � damage:t: �ri�hi�:. of �. actic»i �aixcl� proceede . are . }iereby � ussigned � to � the Mort�;agee.�. whcr. ms�y, afEer . deducting ... . . � . . � � ..
<br /> � �therefratn a11� ��:its�.exFaenses, �� relevse any.� [naneWs��sc�.� rer,eive�i. by. it � or� apply the same ori. uny indebtedn�ss secureci zzereby.�Tfie .Mtrrt• . � � . �
<br /> .'�. �� gagor agreex;�. kc�� execute�.. ..��h : fu�ther.��.e.s:�� e ar.ts. nf anv . c^r�,. _ ....aL„n. . dw� rris, damages: and rishts cf sction arzd F,ruce.rc3s as . tbe �
<br /> . ., .. .. [vlbrt�agee��� maY` � re4uire. . . . . . .. � . . . . � . � . � . � ' :
<br /> � . '1'hat �.in case ol iailure to gerforrn any <�f [hc covenants herefn, the �4c�rtgagee may do ort thr Mort�agor's tx:hatf �everything � . � - � �
<br /> ��� :C CCJ:`�nnnt�ri. th +.. 1f;� ;1+�...M•.o..o . .� � o{ n .�p anv arf if ma� ri . . tu . rp It+ *Yrnf�+('i }�t• If . � �
<br /> _ .___ t . I ` �•n the�r 'rof: lhaf the Mort�a2or well
<br /> "'_` .."a p. - � ..�. ...a ,
<br /> .� rep&y upan��demand . any �ni�neys paid�. or�- ifixbursed� by the � lllortga�;re [or � any of tbe abovc; purp<rses, �uid such maney+ loKe[tier with � � � � � �
<br /> ' � . � � . . � � interest thereoa- at� the rate � �provided. in � saici � note �;hali t�ecume � so much uddilional indrbtealness nt- reby� secureri- und mny � he in- � �
<br /> � � �� clud���� in any decree foreclusing this mongugr and �be paid out of Lha r�nt�s� or prcrcecds ot� �ale <rf wiri � .{?remise:; � if . nnt �otherwise . � . �
<br /> � . paid; Lhat � .it shull not � be ubligatory uf�n the Mortgagee tu inquire intu thr valiriity o( any lier., Fncumbrance�, or claim in ad-� �
<br /> . vancing� :moaeys��.ns�. .above-authosized.. �bub nothing�. herrin .. cantained �. shall. bc . construcd as rtK7uirin� [3ze b4art�agee �.tu xclvanre any � � � � :
<br /> � � m.nxuegs :for..any ..�uch : pnrnose nor tq ���lo�:any act hereundec; an!� . thet Mortgagee shull not incur any n� rhonai liabil 'rty brt. 2�.t-u- ^_f e�:y- . ��
<br /> . . thing it :iz?ny� do .nr omit to do hereunder. , � � � . � � . � � .
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<br /> In �the event �of the deiuult wy ��Modgagnr.. in ihe �payment of' any installnsent, as� require:� by the � Nate secured hereby, <>r � � � �
<br /> � � in�� tl�e�� pezforrnance oI� the �6ligaticrn in � t.his mart�age or� in th�: note secured thereFry, thc: DlbrtgaKee sha11 be enlitled tn dc�.tare the � `
<br /> �' �deb.t: secured�.hereby. .:due .and . payable. vyithaut: .rxotict,;anu the .Mortgagec sl�all tae ce.titled at its u�:r.tic�n, w�ithuuf not:<;e. c,it.her tty it,w.df ;
<br /> ' � � or bj^ a xY:cFiver tn 'br. ��sppointed - tay the �caurt thereoF and wilhovt regard tn the adec�uacy ni�� any securih� fnr � the indehtPdn+�ae se- '� �
<br /> cured hereby, #c� enter.tipon �n� take {�os§ession� of the �noitgaged premises�; and to coflect snd � reeeiae� ihe rents. insues an�i prufiLs. I
<br /> � th¢reat, and� � apply the� same,�dess casts � of operation und �ccrllretion, �upon � the � indebtedness �secured by� th�is morigege; ���said rents; . �
<br /> ' itzsves and pro6L9 be�in��hereby���a�vignecl to-the� Morti�aKee-�as�� Curther�secunty (or the payment oF all indelrtedne�.ss� securerl hereb.v. � � � � . �
<br /> , ; . The Mortgsgee shal! have the power ta ap�oint any agex�t or aFents . it mAy desire for the purpiv�:e � ot ra•d>a� ring s.aid Prem- -,,,,�,,; . ,;.� �- ., •
<br /> ` ' isels; �: renting the $ame; collecting:. the .rents; -revenues - and income, and it:may pay out of said income atl <:xpenses incurred .in rent• � � � ' ''
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<br /> � �.ing,and managing�., the�_same �. end of . callecting. ihe rentals .therefrum.� The ha3ance remsining. if any, shali be applied toward !he � � � -'^'� `� � �
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<br /> ,� � dit7charge o(. �the martgage indebtednesa.- This aseSj;nment 'is Lo terminate � and become null and void � v�wn reiease� qf this mortgage. . � ' �`
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