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<br /> / l � CJ � f.74 � i.I
<br /> B. IY }18 �&iIS tQ �A&}` d1R�' 9Utt1 (J�' ICl'l'�t atl,y� COYNtlA31t pC�vided ��r sri thiA rnurt��', th� 7M[Qrtga�o�. st
<br /> !ks aptioes, rna� p�Y oc pe►•fors�ct the asme, �rtt�d at! ex{x:nditnres ea c�nac�c ashail i�+e adctc�ct to thr principsl sum
<br /> pwing aca�- the abnwe r�ote. rlusll be wecuxed herebY� utut shall f�ar interest uc�zil paiJ rat Che rat+a pro�ided
<br /> Yor in th� priu,cipal in�bteJue��.
<br /> ' .� ?. I�pon rsquest vf the D�ortgr��ee, �SOi'C�B�OP 8�I8II 8X@CUtEs and deliver s supplcrr�enta! n4te or n�st�.s
<br /> �� far tlie sum ax sums aulvance.� by� 14�tiortgag+ect far the alte�atfoi�, moaerniznfivn, ��r irs��p�uvement mac� at
<br /> ;", 3 the 1VIot�,gagar's re�u�st ; or iur xnsintenance �f said premiaes, nr tor tiixe� or usacssmentu against the �'
<br /> ?`�s.� sarqe, atxd fot axi,� oLly,�r pucpnse el�ewher� su�horized hereund�r. Saict urste c�r n�€es shutl 6e aecured
<br /> f �. . hareby o� e� pasfty tvxt�i uY�d ss :EWIy its if the �tdvance evfd�i�ceci tfierehy were inclu�imed in the n�Ce firs�
<br /> a describe� above. Said suPplr��ntal note ar notes ahall bea� i,nterest at the rrate provi -rled fnr in ahe prin-
<br /> �k ' " cipatt ind�btednr;sR and shall be pay�:ble in xpgroximately equal cuont�il�,= p�yraienYs for euch perioa'! xs may
<br /> ;;2 ' Ue a�cepci upon kZy the �tortg��e anclMoitga�o�-. F ailing tv ngree on L.�e rnaturity, t�ie whoie of the surm
<br /> r`� or sums so aclvsxnceci shtttl be due amd paya�2e tF�iirty (30), c3ays afEer demand k�y Lhe hIox•t�a$ec. In no
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<br /> � er�eizt ahali the: inutux•i�y� �xtend beyc�nd the ulbianatematurity rrf the not� f�rst descri�eri above. '
<br /> � :°� 8, He h�reb� assigns, transfers ana seta ��,rer to the Mcii�tgagee; ta k�e <+{.r�slic:d tow urd tt,� pay*sneni of
<br /> �, ,r;� ' th� note and ali auma secured ��ereby in case of a default itx t�:e perform�nce af niz,v of 6.�hc ternis �►nci concli-
<br /> „� tit�ns of �is mortgag� ur the said n�.ate, ali the rents, reven�es and incv�ne ta be deri�red fronn tlzc max�t- '� �
<br /> � ,�� gaged .jtremisc�s e�uring- such time a� the max�tgage indeUtec3ness :shall rem�it� unpazcl � 1nd th� Maxt�agee ' ' � ;
<br /> ,,,;� shaII have �twer to a�point aasy agerat,'or agenta it may, desi.r� for the purpose of rentir�g the s�me aair3 ec�1- � ' ' `
<br /> � , Iecting, the ren�s, recen x�es a:ec1 incar�e, �nd it rrt<ny pay out of said incamos alt n�cessa�-y can�rnissions :uid �,, ;
<br /> � exp�tases ineua-red in t-et�iin�,r tinci rr3nnaging th� same and of caliecting rr. u�a,ls the�,efrom ; tlie }�al�.zxce.
<br /> y retnaininf{, if any, tp k�e appliec3 toFca�d the: dischargr of said mortgage inciebte�tne�s. V.` v ,
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<br /> �,� �J: ��E tivlti: continL�Qusly mzint��n hazard irisuralice, �f sucn type ar tyn�s and atncmnYs a� ;4Iortgagee �. ', � , �:
<br />� ¢„ tnay fx�na time' to tim� i �qmt�, on tF�ie impr�vzrnents nbw orlfeTea�ter ons:tiei premis�s tt�id excepi w�'rfuzz f '
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<br /> �" '.E� . �� .. t?il;�[Tlfnt fnr• n�ii c�xrh -iini ��s�--�a t- • .� .a.,r � . . . � . . ,, � .
<br /> ,� . _ ...._ _,.. t. ,...��. ::«'�. t7Etbvv liY4 �C331. iTis'i('SL� Uii(�c"'� . �CGj 0.� �)ci2'd�'1"r.1�.1tZ:�. `G Il�l'BQ:C� �i'ilT ()8� s -. � a
<br /> `� ; ° px•umptly zvl�ei� ci�ie anv piemiu-rns tliartfoa•. U��n clefaxxlt t-liercof, MarCgaK�� maV p�� th�a :�ame. t�.Il ;, - " . `
<br /> 44` '� insurtznce sYxall be cari:ied , in c:vmgan�es approved by �he 143�a�tgagee and tlie pt�iiciea nz�d renesvals t�zerevf
<br /> � shnil be_ held by: the NIortga�re and h�,ve attacliec� the�eta I�ss pa,vaale clauses in fx�-crt� 1�f a�nci in form � � ��
<br /> � �cceptable to .the Mort�agee. : In evEnt of loss :�lortgag+�r «-ill give immec�iate notice b,y m�tit tB the 14lort- `
<br /> ' t ` gagee;r�rh�cr�ma� tr[ake 'p1`o,of o€ loss if notmade pr�amptly b,y =4lnrtgagc�Y�, aud eael� insurance cuzn��.ny cvn- r ' ; , '
<br /> `'j ' cex•ned; is €iereby �ut}�ox-ized au.d direetecl tn make payment for sach loss dieactly t�� th� 1Lortgagee ins�eaci ` ; �� �
<br /> ��� ot Yn .`the VlortgagoY• and the &'[oi�t.gagee jointly-, flud Y.he it3surance pr+�cee�3s, �r :tny X��t•t khereoi, " � ;`
<br /> ' may be a�ltecl :by tlie iKiort�u�ee aG i ts option either to the re:duction of ths irsclebtedn.Hss Y�ereby securec3
<br /> t �� ox• to .the r�es�oration" or ,i•epair of the �roperty darna�ged. In es�ent af �oreclasure of �itis a��c�rtg� gc, nr othez•
<br /> ; ;� tx �rtsfex: o� �itle tc�„the n�ortg�ged px-aperty in-extinguishment of tke indebteciness s.eaut�ed Izereby, a11 �.
<br /> a �igTst;."title anil' 'iti.terest of �,he hLort�rigor in und �o nny insurance policics tlien in f�rci s{ia1T ;pass to ttze "' ' ' ' , e r ;
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<br /> , � ' pu��chaser or grantee:. , , � ,
<br /> "...� 10. As additiont�l as�d collateral security Por tlte �isymenz of the note desci�iheci, anci all sums t� become ". � '
<br /> `,'€ ctue under tlxismoi�tgage, LheA�oi�tga��or, herei�yassigns to the hiartg�gee all lease bonzises, profits, re��e-
<br /> � }� `nues, roya�ties, xights, ti�tci oth�r bNne�fits accruing to the b2o3-tglgor tin�c.r ang- and all oil a�ad gas lestses �
<br /> .�r� now, or. ciczrin� tne life t�f this rnartg�ge, executed on said p��emises, �vith f.he x•ight to €:ceeive and z•eceipt
<br /> § � for tho sarxie anti appi,v -�11em tc+ said i nciebtedriess �s �ve11 befox•e as a.fter defac��t i�i �lie conditioii� af tliis i ,:
<br /> u y mbrtgage, ahd tlte Riart�agee rnay d�mand, sue for nncl x•ecodei• an3r suelr pay-rnents �c>11eit ,due a�xd �ay- -
<br /> � ° abic, but sliall not be rec�uiz•ed so to do; This assignttlent is to terminate and become r�uPt nnd yoid upor.
<br /> ; 'release of this martgage_ ,
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<br /> 11 , ' Iis shall i�ot cornmit or perm3t'waste ; aiFd sh�lt maintaiu the pr+�pert�� i n z�s good conctiti�n as at
<br /> �� , pres+�nt, ; reasot�able we�� and t��r ex�E�pted. . L)2aon ang failure Co sa maiTit�iiil, Mortgagee, at: it.� �option, ' ' ` '
<br /> �:' , m�y cau"se reasonab3e iiraintenance woi•k to beperformed at tlle cost oE 34fo��tgagor. :Any tunounts paid � ' � :.
<br /> 'c therefor bv MQa•tgagee shall beax• iut+ereat at : the rate proti�ided for in the lirincipxl i�debtedness, sha3(
<br /> thereupon become a paz� of th� indekstedness secured by this iiistrument, rat2bl�� and o3i s parity �i ith �.31
<br /> ' otlaer it�debt�dness secnred hereby*, anrl ahttll #�e payabie thirt�r (30) ciays aFter c:emanc�. `
<br /> ' � ' 12. ' Tf ti2e �remises, oz• an�* pa��t thereoP, be condemnect under the }�aw�r of ett�inent damain, vr
<br /> ' � acquired far az: pubiic use, the elumagea awtxrded, the proceeds for thc<taking os, or the c�nsidex•ation £or
<br /> � such acquisitioii, to t}�e .exteut of the �utl amount of the reiruaining unpaid 9nc3ek�tecine�s secut ed :,y liiis '
<br /> _ ``� inortgage, or hereby as�igned to the Mortga�ee, and shall 3�e paid fot-thivith to s:aitl Moi•tg�ge�, to be
<br /> , ,_ � appliea on aeco�nt of tl�e last rnaturian� insta3lments of: sucki inaebtednuyss.
<br /> � 13. ,If the �Yort�agor faiis ' to ma.:lce any pay�nents �vheii ciue, or to conforsn to z�nc€ compiy> with anSr
<br /> V y ,� oF the pomclitipns oi• tzgr-eaemen�s cont�ined irt thfis mortgag�, ar the notes �a-3aich it secures, Lhen the
<br /> entire prixeticipai sum xnd t�cerued inte�•esC sl�all aE oa�ce ' becnsne due .anc3 payli�le, ai, $�e ulect.ion r�f tlie
<br /> „ '` � :��art$��e ; and- this aticaz•tgay�� ,uiay ti�azreupoi3 be fua�ecIosed: �mmediateiy for the rvhole pf tlie indebted-
<br /> ' -�a iiess he2•eby secured, inc:7uding #.he: cast of extenclirxg tlie abstract of tit3e from the date of ti�is mox•t-
<br /> gage 'to �e tirne af comrrr�encing sueh sc�it, a reasonsble attorney's fee, anii auiy sums paic3 by the Veterans
<br /> �f , Adm�nistration on aecou�t of t�se guaranty or ins�arance c�f tt3e indebted:s�ss seeured hea�ek�y, alt of tvhich a
<br /> � � shail-be ine3uded in the c�croe o� foxerlosure. _ � , .: � ,�
<br /> t , 14. i� t$e it3:debtQdn+�ss sea�red h�reby be guasanteed or �usnre.d und�er Title 38, Ursited States Cocle; Iw� ; -: '�. '
<br /> ti�, � such'Tltle 2r.�d.d�egaalaCiors� issuu�+d tkter�ander a�ti'.izi effeet on t�ie date txereof shail govern the ri�ts, duties ' ,�F W
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<br /> s4 � aad I�il�ts";�9-of t2ie paz�s�,s h�r�to; ati�l a�y provi�o�ts of;�is .vr bther inst3•ume�z.ts exec�zted in eannection �,
<br /> � s� . withp ,saidy�€.�de/,6,, tei3nesa . �vhic}� zire inEonsiste�t ;�it3i said Ti:tle ar f2egviations are he�eby an-xended to � ;�%;
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<br /> � '�'#�e - ec+�'eale.�t�' her�n 'cp�atzincd stsall b.inrl, and the banefits etu3 aavattL�sges si�ll inure 1.ci, the , w-�
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