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<br /> 1'4[^ILL'. yOiL ry[ '. I'S
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<br /> & S Px ' a 1l he pada to pay any sum ar keep Pany. eovenemt provided for in this most ,
<br /> ga$e, file 1410rtga$eer at
<br /> A f t pnt49ni i. layro. erform the same, and all exPenditures�so madeshall. baedded to tho, principal sum it
<br /> � W <$.:2 o'wii bu thlr above riots,, shaA be secured hereby, and shail 'bear intereatuntit paid at tlitrateprbvidei ` ; + , ' �} ,,t
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<br /> *w "' '*:`i'l b Or Tt 21 nelpa(zndeurednlerss '' • • " A. ,. { i ap pit..,
<br />• Y} imft J ',/ t� {11,�the Jl� k 3 :,. •1:•;•? • f L {i , � {i{
<br /> r e4 #0geer Mnrtgagar shall puecnte and deliver a sU lemental nate ar atea a 7, +F�>v ` # ..ti
<br /> a ii,' fbr A dun r Gums advanced b` Mort for the alteration modecmzation;, or improvement,madeat (• , f "
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<br /> "Pi �.¢ file oirt ag a xBQua , gr for.A maintenance of sited prefii s. .: ...:.*),o17.: por - 3 of
<br /> tames or assesirien $ a ainat h,..?..', .-.7 :. ' �` � �� ,
<br /> 10. "x n i r$ad�fa i., othe>:� PurPasa eisuwhe ro�authoriied hereulder� :$aid hate or notes shall be%-eeurpd 10`4p
<br /> 'fir � l rt rz v 4 f� htai* n1� �0.:',5 6 and,�a9 p� if.th8 $11444. BY ide11L'e4l444iiY •e ln:114:4 .t1A hSiii40 '8t :! �, � a � � i
<br /> _ef r µ� 16r abo' 4'- SFaid supp(exp * ttat*o44. a $hall be mtereat at ilia rate ` i$:40.0*i5 in ilio rm i . a u4-I i z '”:04
<br /> il, '' ti�rrr ga14 dnessi 0:i,jhali beNjiii.4 s ln' appro> i:M 14al 0,41. Y payments far suph p �'`.z• w>illia
<br /> period ns maY s l•+'
<br /> � rlreupan by tiEhe fiTort$a8eand Mortagor " #kallng'to ''agree on�the maturity the whole of fife snm i is ° �• t' f;
<br /> 1�`�, i' ' or stints so advanced shall be due and pagable thirty (ki days after demand, by theAcittOgee % ln no {dritt
<br /> it ever Olidil the maturrty extend f eyond itis ultimate maturity of th agote first deathbed above1141741411"..N.`
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<br /> h ..004,5. y a 11e hereby gssigtis, ti!nsters and sets oN'er to he Blortgagee tip lie alSphed toward the payment of s ti
<br /> a a - t ...t he rime Oud till tl }�ereby in 0.40 , a default in the, perfdrinance of ally df th �term$ an *4i ,` ' lbHHq F
<br /> r i ? tions of flus marl C/i
<br /> $agp>* tha saki nota, ali. the tents, revenues and income to bo derivedifrom themott asti �� a
<br />• y ' ga i4>: remtsea during tach time. as the mortgage indebtedness shall remain ul aid , and the Mortgagee a i
<br /> i ahg 14#;1 paw$r to appoint any agent •regents rt may desire for tha p.rposa of xeatrn . , the sante and sol . t > e e, i
<br /> r r lectiug�therents;revenyesrand in`'came;;and it may pay ant o .. . •c . inethia all necessary commissions and ,., " ,i ,&la x,
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<br /> �� � e a4cW !* 1114C1 n�ql ln4telitmg aril managing the same and o£• collecting rentals therefrom the balance t ' � r44" 't:
<br /> a re d ; if any, to beapplied toward tha, dischargeOt said mortgage :indebtedneas , � xll
<br /> fic T (: 0=� wil3 continuously maintain hazard insurance, ofsuchtypegrtypesandamautttsasb'iortegeq t 31 r� i` kt4
<br /> r�� = ` P Y+i en~fo al such a :04iiire, o 1 the impraveme its now pr hereafter on sid .premisas,and axe 14.1*heti 1 3 �kw t
<br /> al
<br /> a premiums has theretoforo been made under_ (a) of paragraph 2>fiereof wilt pay k n t• t
<br /> i f i proiif lily Sfrhen due any preniiums'tharefar Upon default thereof .Molt a
<br /> t p pproved tlte`Mort g Kee ;may pay„tire same Ali ;
<br />• a c insurance shallbe carried in*n aures a by gageQ and he policies and rens« als thereof r r 114% - ,
<br /> r sipAr shalt he held by a bfortgagee and have attached thereto toss;: payablo -'clauses Sri favor !of and rn = form s
<br /> ecce table to the lliort F, a , .
<br /> $ P gagae In ievent of :lose Mortgagor will give unmediateiiotice by mail to tiie i ort ” , 5
<br /> ' lir $ngeeoylip: may makeprobf of loss if rot mndo proiriptt ,Or-4ortgagor and eachansurance coin an Con > i6 41
<br /> x.i ' cel ned is hereby autherited end.dii ecteiptti*ke niyment for euchless directly. to he Mortgagee i ietead `� "
<br /> fi of to the /Mort and the 11tor F A"'tntr�
<br /> • � gagor,; t$ageeglointiy,~ and the -:insurance proceeds or any gait thereof, + �f� ,4M1 ,,���i � � '
<br /> 14
<br /> N , may lie applted.b the Mortgagee at its option either to ilia ieduetion`of the indebtednesshereb�t secured ,. s �44` " "
<br /> , or, to the restoration or repair of the propertydamaged Inevent of foreeleauiedt thismerigage, •nether w 4 1. • ' `
<br /> i mj trnaferof title to the mortg•IS;iiroperty; itiextinguustiment of the : indebtedness secured herebq, all y
<br /> Q fF right,ititle and interest o£ the Dfortgagor in and totinyinsurance."policies thenars force shalt passM the a• s
<br /> f purchaser o>; grgntee T{ F�7$
<br />'0" 10 s additunuilanil`collateral security for the paymentof the note described;and all sums to become ° , s E` ` nt.
<br /> Cr. ;4 duc underthis mortgage, file aiortgagorhereby assigns to the Mortgagee allelease .bonuses, profits, :reve • • ' r ,
<br /> s • nues,> royaitaes;`rights; and other benefits secruingta the =lliortgagor underaily and sit oil: and = �`�
<br /> ,�� glia leases
<br /> r noiv;• or during the: life of tllistmortgage, executed on said premises; lvith• he right to;receive emirs, i• '` u'�u
<br />} ! lx'. . .. . . • f P lid.
<br /> for, the s•ante and apply them to said indebtedness as well before as after defaultin .he conditions.of his , ▪. � � i�f '
<br /> rtL a a mortgage, and the hfortgagee may demand; sue for and recover any such• payments. when dueand pay e �.� ; 4, ' k .
<br /> able,- but shall not be required so to do; This assignment is to terminate and, bccome null and void 'upon , f Mtn
<br /> i4 i ' release of this mortgage • Yt
<br /> 4� it He shall not commit or permit waste ; and shall maintain the property ✓
<br /> p party iii as good condition as at .
<br /> i present, reasonable wear and tear excepted. Upon any failure to sa.maintain, Mortgagee, atrta .optrOn, i k . r l
<br /> ,. a g martens-a reasonable maintenance work to beperformed .at. the cost of Mortgagor. . Any. amounts ,paid • , ii: "�,, f
<br /> therefOrcb$.Mortgagee shall bear interest at: the• rete provided for to the principal indebtedness shall E'
<br /> thereupon become apart: of the indebtedness secured by this instrument, ratably and ori aall .,- - ,...-
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<br /> paritywith all" .
<br /> otherindebtedness secured hereby, and shall be payable thirty (30) days after- demand. a 44.v
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<br /> ' 14 • 12: , Z the premises, .or any part thereof, be condemned under the ; a
<br /> power of eminent domain, or
<br />� gacquired for n public use; the damages awarded the proceeds for the .taking of; or the consideration for `
<br /> �. such acquisition; to the extent of the full'amount of- the remaining unpaid indebtedness secured by this . , ,
<br /> mortgage; ', or hereby assigned to the Mortgagee, and shall be
<br /> paid• forthwith to 'said 3fortgagee,- to tie '
<br /> r applied en account of he last maturing installments of such indebtedness, #( i > i �'j
<br /> �'�' 13 If. the . 3lort } :'
<br /> gagor fails to%make any payments.when-due, or.. to,conform to and complywith any` i , , .
<br /> of- the conditions or agreements contained : hi this morta
<br /> 0�, entire -.principal sum andmeerued.interest shall at once become-Aim - and payable,at --"the. lecte notes , ionhat he , : ; A- i.
<br /> z l Mortgagee .and;his mortgage "may thereupon be foreclosed . mmediateb' for the.whole of:the indebted
<br />, ' nese hreby ' setored, including the. eostof extending -the abstract of title from the' date : of this. .mort • . " ' ` 7 `
<br /> ti r� gage ta;the timeof commencing suchsuit, a reesoaable attorney's fee, and any sums paid by; the Veterans ": . i s -LRi `r:
<br /> Administration on aceount of the guaranty or insurance of the-.indebtedness secured hereby, all of Which':
<br /> :. ` sall be included•.in the decree of foreelostire, , ,
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<br />• sera, t ,fid ll the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, ' H
<br /> 3 such '0'Tiland liegulationsissned .thereunderand in effect on the date.hereofshall govern4he rights; duties; ; , �'
<br /> l a nti .liahi;itte i ttthe, partieahetet•,and anp�provisions' of title or other instruments execntedin connection`•. " i
<br /> -` " with gaidiaiitdebtedness mulch arrjnconsistent with; saidiTitle?er Regulations : are hereby amended to 4 '1* *?
<br /> conforni�theretos ; : - ; i , ye�
<br /> i y f • Tlie covenants' .tterein contained sliall:_ bind, and the benefits and advantages shall : inure to, . the x
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