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<br /> 6_ If M.e fEtils to p2q a�iy surn or keep a�y eovenant providexl for in this mart �age, the Mortgagee, at
<br /> � � its ��r�en, may p�,y or perf.�z�m ttie same, anc3 a�1 es�enditures so n;ade shalt Ue adc3ed to the princi�ai sum
<br /> � owing . on the above note, shall be secured l�ereby; and sha12 bear interest until �aid at ihp rate- providec3
<br /> ; �,r,; for in �he principal indebiedness.
<br /> �1i ?; Uprsn request o£ th� h2ortga�ee, Mar'tgagar shali exeeute anci detiver a su �plemental iiote or notes
<br /> r �' � for the sum• or sums adva�iced by :kIortgag�e for the alteration. nioclernization, crr improvement mmda at
<br /> . > ; - � ; the ,lYiacrt�ago.r's request ; z�r for .rnaizitenargce of said �remises. ar for tases or assess�ents against tlze `:
<br /> ?� � saitie, �nd for.. any other purp�se �lsewhere authnrized hereunc3er. Sa3d nyte nr not�s sha1I be secureci
<br /> , _w : i`*s ' h��;eb�* oaz a paiity tii-ith anrl as fulIy as 9f the advance evideuced thereby ��ere . incluried in the note first
<br /> ! described a.�o�•e. . Said sup�lemenisY note or notes shall beas interest xt the rat� ;sa°ovideci for in the prin-
<br /> ,
<br /> Jt ; : cipal iiadebtedness and sha11 I�e payable iu a�pi•oximateiy equai moi�thly paF•ments for such period asmav ; ; ;
<br /> ,4 1 be agr�ed upon by #he �ior�gagee and hiortgagor. i%a'sting to agree oix ttae maturitY�, tl�e x�hole af the su� ; '
<br /> or suxns so advanced slia3t �e :d��e and pa}:ab3e thirty (3d) ' days after demand b�� the �Poi•tgagee. ' In no = ;
<br /> �. ; � ; everxt s�all' #he maturity extend beyond the ' �iitimate maturity o� the noie first described abave_
<br /> y, a S. He hereby assigns, transfers and sess o��ex• to the hloi-tga�ee, t�� be appliect to«�ard the payment of
<br /> i the note and a}I sunrs secux-ed }iei•eby in case r3f a default in the performaace llf ang of-#he tern�s and cnnrli- ,! , �
<br /> , ..� , tions o# this mortgage or the 'said note, all t3he rents, .revenues anci 'income to be clet-ivecl from the mort- ' '
<br /> -� gaged premises during sueh time as the martgage iiiciebtedness shall r�main unpaid ; and the i43ortgage�e
<br /> s sh�li liave go«�er to appnin� an1 a�ent or agents it may desire. for t2ie puspose of r�Aiting the saizie and col-
<br /> ' lectin� the rents, revenues: and income, and �t may pay out af said incanes �ll neeessary cammissions atid '
<br /> expens�s itteur�•ed in rexiting anci managing tlie same and of c�ilecting 2•entats *herefrom ; t}te balance
<br /> xemai�`ing; iF an3=, to lic ap�iied totimard the dasch�r�e of said mortgage, indebtedness.
<br /> � . ; :
<br /> � � • �. He i�ill continiious?y maintain hazard insurance, of such type or 'tS•pes aixc� amounts as �i'ortgagee
<br /> ,, ;A tnay frc?m� tiaie to time ��ec?.iire, on the improi�ements no�v or hereafter �7a said premises and exeept si�hen
<br /> payarien� for :all such 'pt�ciniums lsas tl�ex•etofare heen made under (a) of paragF-a�h 2 hereof, �cill pac
<br /> , ,. , prompt�y �vhen dueany pre�niums tt�erefor. Upon default tliere�f, itlort�agee �nag paF the same. - ' AII �
<br /> ' a insurart.ce stiatl Ue cai•z•ieci in companies approved by the MorEgagee a3ad the policies and a•�ne���als ti�.e*eaf ' "
<br /> shali :b� lield .6y the b'[ortgagee and have atta�ehed tlierei:o luss pavable ciauses :in fnv^or of and in form
<br /> accenta.3ale to the h3ortgagee; In e�=ent of loss Aioi-tgagor �s-i11 �ive immediate tiotnce b�,� rnail to the �41prt- �
<br /> � ? gagee, ��ho may mal:e' t�rooi nf lass if not mac3e pi•amptly b;�• �lYortgagor, aca<i each iaisurance conzpaiz,V, con- ' ' '. ;
<br /> cerned �s 3aereby authoc`izef3 azi�i clirected to .rnake paymeiit for s�ch lass directl�� ta tfie iliortgagse iiistead '
<br /> of to the 1Sot-tgrx�or ' :�nd the il2ortgagee jointl3; and the in�vrance proceeds, tit• �iry pai:t thet•eof, " � '
<br /> a�ay be appiied- b�- ihe Mort�agee at its optioai either to the recluction of tl�e i�i�leb�edne�ss hereby securec� '
<br /> : or to th� restoration or repaii• of the prropert� damagect. In ecent of fo��eciosure of �his mortgage, or other . � „ , :
<br /> � 4 tr�nsfer of tit3e to the moi:�ga�ec3 prone:•ty -n e�tinguishment oi th:e indeY�tedneis secured Itereb}; aii
<br /> ` �° ri�lit, ' �atle and inte�•est of #lie 'Rioit�agor in and to any insurance policies thex� iaz t'orce sliall ��ass to the
<br /> ` .� �: gu�•chaser or,giantee.- ^ , .
<br /> �
<br /> � ,� 14_ �.s additioiill aiid �qllatera3 securSty 1'or ihe ��c��ment of the note cie,�ci•ibeci_ and a11 sums to Uecome
<br /> , 5 due u�ic��r this mortg:age, tlze D-iortga�or here�iy assigns to the 1lortgagee atl leas�_= irniiuses, profits, z•e�•e-
<br /> � nues, xvyalties; rights; i3n<i otl3er benefits accz-uing to the :13ortgagor u�ider an5' az� ci ali oi2 and gas 3eases
<br /> � � na�v, or during tne lire of this mortgage; e�:ecuted on said 3�remises, ��•ifl� t3ie �•ight to i•eceive ai�d receipt
<br /> �� ' . � fOl' . �}1C�� SAIIiB 8.11(� 3jJ�]31'� ttiCE31 �t0 S"dlCl � IIICICbtf'.(�71C�S5 35 � �1'E',�1 . }�QfOI'Q. c`73 Rfifl' (;Cf$U�{. �II3 (j7.0 (:ORCIIt.lOC25 pf� t�llS �.. � ��
<br /> '�� mortgage, xnci tlxe A�ortgrtgee ma.v demaz�c3, sue for and i•eco�=er ata5� sueh pay��ner�ts zi�lien due and pay-
<br /> � ahlc, katit shail nut be i�cquia-c�d so to do. This assignment is tu termiii�te and b�aeaine nuil and void upon
<br /> ," i ; i elease �f this mortb=ake. ,
<br /> 11. I-Te sha31 not commat or permit �s�as 'te ; and sliall mauat.ain tl�e pro�aerty ii� zasguo�3 coaidition as zt � '
<br /> '` � present, i•easonable n•ear an.d tear escepted. Upon arty failure to sca ,niainiain, i1SorLgagee, at its option,
<br /> - mal cause yeasunabie main�enance ���ox•k to k� perfoi•med at tIie cost of h4ortg��or. :aaiy amounts paid
<br /> < :h2r�f!�.- bt° �foi•tgagee sl�aii bear interest at the aate provided ior in the priucigat indebtedness, sha1P
<br /> > � thei•eu�son bec�zs�e a part of the inde3�#sdness secured by this instrument, i-atablt- and on a paz-it3� lvithall
<br /> �., , �
<br /> ; + ' other indebtec�ness sectu•ed lac=rebq, and shail be pa3�able thirty (�tl) days after de3nand.
<br /> :h ,
<br /> �_ 12. lf the premises, ar an� j�a:•t thereof, he condemned uneler t3ie po���er of eniuzent doinain, or
<br /> R acqui�-ec3 for � �ubYic ase, ii7e da�na�es awarcied, tiie proceeds fvr the tal.ing of, or the consic�eration for
<br /> , '+ such acc;uisition, to the ext�nt of the full amount of the rc�mainiz�g u:�paici indei�teciness se�ua•ed by this
<br /> . f mort�g�e, or herei�,y assigned to the Atortgagee, and shall be -paid forLhtivith t.a sctid :NFai-tga�ee, to be
<br /> ., z�
<br /> applied on account of tl�e last matux•ing inst�limenis of such inciebtedness_
<br /> � 23. If ti�e 11ioY•tgagor faiis to make ang pa��ments when due, or to conform tc� and cc�mpl�� ��.-ith anyc
<br /> , ; of the conditions or agreemments contained in tliis inortgage; or the notes �+�liicta it secures, then tlie
<br /> entire pz-inci�al surn as�if accrued interest sha31 at once }�eeome c.�' ue and pa�•ab9rr, at the eIecEion vf tlre
<br /> :1Tart�.t�ea ; aiid t's3is aciuriga.�c niay tiiqereu�u� be iorec:��sed iincnediak�ly i�r the vrhoir es1 tlie indebted-
<br /> ness hereiay secui•�d, iiicludi�ig the c�st of exi,ending tlie abstraci of title frnm t�i-ie c3ate of this mort-
<br /> ; gage tta �ke time of commenc�ng such suit, a rcasonabte attorney's fee, and any� sums paid by tlie 4'eterans
<br /> Adminis�raisnn on aceonnt of t31e guaranty or insurance of the iiadebtedness secur�<i laex•e'v�=, all af �=hich
<br /> � shall be 3neluded in tha decree o£ fareciosure. � , . ,
<br /> t,
<br /> 7 14. If #,k,� iridebtzdtte&s seciu-eri hereby be guarant�eeed csr snsu�ed under 3`itie '38, United �tates Gode, � ` � �
<br /> si9eh 'i'it�e and Ftegulations issued fihezevnder and in effeck on tli� r3ate h�xeof:shali go�'ern ilae ri�;h�s, duties , �- ,
<br /> i and iist�i�iti+es �rf i�e parties �cretc�, and anY Pg-ovision5 of ttus o3� a�t�er instrtstnents execnted in connection "::-
<br /> r . �.
<br /> ; -•.wath sairl "aadeb�adaess wAscfi� : are incronsis#.Qant witil said Title c►r ReguiaLions aa-� her�y amended to "�1;x
<br /> ,' : : .cemforr�r�hetaeta_ � � � y � , .,
<br /> r :,
<br /> ' T#ie co;'cr�ts h�r2:n �r�tair�«3 �Yiail 2;:inc?. swii tl�e i.�enef�s as�d ad��antag�s shsiu inuie to, the , �,'
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