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<br /> , THE MOR'i'GAGOR::FURTHCR . pOVENANTf3 AND A(3REE5 . . . ' .
<br /> Thet tl�a Mortgugot ,wi� �pey„ tl�u indeble�inpee, an� hnrWnhuf�,re }provided, , n•�r = `
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<br /> ' Tl�a� the Mnrtgtlguf Ih 'lMeld�nur' uf amd property in fu ximrylr. ' nnd hae go«1 right , and Inwfiil suUmrll,v lo ecll unrl I
<br /> � cnnvey thr namn nn�l �hd� the edthe �ie�'t�re'� an�I l�eot ot any Lun or 'tncum6ranci , aiid .thnt' �4o�lgngur will wnrrmit' qnd dnlnnd � lhh , � ,i
<br /> tiUe lo nuid premise�i na�ihelYtlt� glelmll }o[ All peteti$e whanti0evor :
<br />� To nny im�cdiatoly� wh�n i�uF nn'I p8yh�leS�n11 q n��ni ;lqfC'c� bplcie� texen, , speciol ps5pxsmenln, water rhnrg¢e', sewer eervj � .
<br /> � icc chargce, an� ulfiuRtnxee� sxiil cliorgee� ebainat. w�icl 'properly ; and nll tnxes levi�d un the` dPGI eecured hernby, nnd la lurnieh tho .
<br /> ('� :; Mortgegee, uporiTc`ryuME, wlt6 t(e` eTlgin�l �orldh�lidatn !r��cGlNta tNerrfqt. The Mortpagm nFrecy � (hut lhcrn eHulliHA; 'ndded3ln �. . � . :''
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<br /> ` � tocle eullici niStaRlne�tl�n�ih�' eMMttreun�� lo�pn ���nx the � 6ecnm � tlu�1etlll taxrs,�pherchy on . nmount ratimntrd. hy llie Mortgxgee ;. i
<br />�,: r ` � ' `�ag� �' , . . .y � y aiesamente, and kimilar_ charges upon thi�, prem � , :
<br /> � F lecs: eubJeM U��r�to; ' �ny' ilnflcirncy IMcuilee bf the ' inR�itlicfrdcy 'iif suhh ndiiilionnl y»lymentx nlinll he tnrthwiUi depnaited by 'tkM1 ;;,
<br /> �' + Mortgnqor wtlh thi - .1lfortgagce upon demand bY , th� Murlgn�eo. Any defnult undr. r lhia pprngrpryh nhell be d�emed a defaull in
<br />� # ' pdyment nt lnxew; hsneslmenka; or aimilnY chnrgex reqmred heioundor, . . _
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<br /> h� 1r Th� I:�IO�'f�8�0� A6KCQR; fIIAL - Ul(S�C 9Il0II llItlO . IK) added , tti eHch .munt�ly payment of prinqipul und. inlan+at ,teyuirad httr.-
<br /> 4 under nn emount extimnted by thc M��rigagee tu bc sullicienl la enable lhii Mnrtgngci lu pny, ae it becomrs duc, lhe insurance '
<br /> it � i �' � , premium nn any inxurance policY delivere,d tu thrMortgagec. AnY deficiency brcmise af the inx4ffici�ncy � �f sUclr .ndditional pay • ., �
<br />�„ � `� � � �menLa �'sFinll �b� foMfnvitkclepa�i(ed by the �� Mnitgngnr � wlU� tfi�! �Mortgag�ievjx�n rinmunrl by lhc� Mu�tgaqce.��Ahy defdult undei tfiia
<br /> v ' }' pnregraph ehnll I�te � iirtemcil n� defmdt. in thc pi�Ymenl o[ inauronccpremi�ims � I [ ike � polic�� � or� pi>li�•iex depoaitc�l :ire� +uch av Mime� -^ `� i
<br /> ti'� � ownern ot n0 risk policies, nnd the deposita sre insu(flcient lo pnY the ent.ire premium , lhe M�>rtqagee mny apply the dr.poxit to
<br /> r, ,j ryaypremiums on risks n�quired to bc iiisunal Ly this morlgnge. +
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<br /> ., � � Paymen4v madc by . the � blortgngor under tlic n6ovc pt�rngrnj�tis� mn� .iL' the � aption � of� lhe Morlg�gre, be Hcld ' by it nnd � !
<br />� � commins�ed with bther such funds or iwv own funde [or lhe pnymen� ot such items, nnd unl�l aq applied, such paymenl,v nm hereby
<br />�. � pleclged ad security for the unpaid 6aloncc of t6e murlgnge indublednese. . !
<br />� � � To p�ocurn, deliver to, nnd mninlnin (or tl+e benefil of tlic T4orlgagee during the li[eo[ lhis mortgage oritiinal policies and �
<br /> : j renewals therecit, delivenYl at lenst ten dnys be(ore the ezpiretion of xny such policies, insuring agninst iire nnd otMer insurnhle
<br />'.r^ . hewrda; casualtiea, and cbntingenciee us the Mortgngcc mny n�uire, in nn amount equnl to the indeb�dnens acwred by this �
<br />� . � Mortgage, nnd in �rompnnies accepL�ble lo lhe Aforlgugec; with Inss payable cluuse in fnvot o[ nnd in (nrm acceptnble t<i the Mortga-
<br /> r` a � 6ee•� 1n lha . event any pniicy � is no4 r�newed on or batore len days of ils expirulion, the T4ortgagee may procure insurnnc� on tlm �. i
<br />�� � � imprwcments, pny �� the premium lheretor, nnd such sum shull bcasme inunedialely duc und payablc wilh intereat nt the rale sat � � �
<br />� � forth in said nole until paid and shnll Irr secured bV lhis mortgnge Fnilure un the pnri of the R4ortgagor tcr Girnivh such renew�ls i
<br /> fi � as are he;ein reryuired ur teilure to pay nny Fuma mlvunced her�•under shnll, nt t�ee option of the Mortgagee, cnnstilule a defnult {
<br />� r � � under the' terms of this mortguke. 'Che drlivery o[ such policies sh�ll , in the event o[ default, constitute � an nasignment � uf the un-
<br />�q � earned premium. "
<br /> ` Any � suma mceived hy thc Murlgagce � b,y rmson o[ loss or damage ins�red against may hr. re. tained by � the �61ortRagee
<br />�: � end applied Wward the payment ot thu dcht hereUy secured , or, at the op4ion o[ 4hc Morigagee, such sumx either wholly or in
<br /> n -, y �. parl may: �be peid over to lhe Mortgngor W be used to ropair such � buildings or lo build ' new buildings� in lheir place or for � an,y
<br />� �� � � �� other purpose �or object � s�tisfaclory � lo the Marfgngee wifhout nRecting fhe lien on the mortgage (oh the full nmount secured here- ,,,,
<br /> by Ueture such payment ever toak pince.
<br /> � � Tu prumptly repair, reslore or rebuild nny 6uildings or improvements now or hemnfter on the premises which mny bc•
<br /> �� cnme damaged or destmyed; lo kcep yiiid premises in ga�d wndition and repnir artd trei� trom any mechanic's lien a� utherlien or
<br /> claim o[ lir. n not expressly subtirdinaled tv lhc lien hercot: nof to safler or permit any unluw(ul u?e ��[ or nny nuisance to exis6bn �
<br /> i- � - �� said : property nor to �(iermit wasle on snid premises, nor to do nny olher act whereby the � property � hereby � conveyed shall � become i
<br /> � � ���;. less �.valuuble: nor. tu . dimininh or impnit ils value by any er. t or omission to acl ; to comply. with ull requirements � nf � lnw �wit}i ��7i�spect
<br /> � � " � to lhe mortgaged �remises and lhe use QhereoL � � � . . � - �
<br /> `� � That should the premises or any pairt themo( be � fnken ur damaged by reasmt ot any po6lic improvemenf or cundemnation .
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<br /> ` procceding, or underlfie right o( eminent domnin, or in uny other mnnner, lhe binrlKagce yhall be entitled tn nil mmpensntions, �„_
<br /> ; uwards, and any othe� payment or reliet therefur, and shall be entitled, nb its opli�m; to cdmmence, nppear in end prasecvte -in ils
<br /> � � . own �name nny : netion ur. prceeeding�, ur lo mnke � nny comprnmise or setqement in cunnection wilh yuch {aking or dvmuge. Atl �such �-'
<br /> compenaetiort: awardn: . dnmeges, rigNt of action and proceeds ure here6y assigned to the . btortgagee. :who mny,teftek deducting �'
<br /> therefrom hll its• es�ienses, teleese ,any>moneys su received by it or a��ply the seme un any indebtedness Secuied hereby..TlieiMort+ , .
<br /> gagat agtees to execute such [urther assignments of any compeneation, s�vards, demages, and righls . o[ actiem and proceedA ag=the .
<br />� j � � � Mortgagee meY� require. . . � ' . . . . � . . . . . . . . - . � . .
<br /> ; ' � That in case of Inilure tu perfurm any of lhe mvenanls herein, the Moitg�gee mey clo � on thc � I��lorlgagor's 'behnif evervthinq �
<br /> � 5 �� � so mvenanted;. . thet the D4orlgagee� may also dn uny act il mny deem � necessury � tu protect the . � ien� thereof; lhal the � Mortgagor . will
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<br /> . reryay �upon demund any � moneys paid '. o� � disbursed by lhe MortgaRee ' toh � �ny � ot� the �a6uve �purposes, and� such moneVstogetfier �with
<br /> " ry � � � infetesl, lhereon� et the rate provided ��� in �said' note� shall becume' so mucfi� ' udditionai indebtedness - hereby � secured�� �nnd mny��� FYe in• -�
<br /> � J � .. � .� c�uded in eny decree � 4oreclosing this mortgage and be pnid ouL of the renls or � proceeds oG�. sale � ot� said j�remises`if: nal: �otherwise ; �
<br /> paid; that it shall not Fx obligutory upon the Mortgagee to inquire into the velidity of any lien, encumbrances, ur cleim in ad-
<br /> �� vnncin�� idoneys. assabove �. authoiised,-. but � nolhing -.hcrein �.contnined. shpll _ be � construed : as � �requiring . the ,Mortgagee .to� advance. any
<br /> moneye for, any such purFase nor tu do eny. act hereunder,: and .lhnt Mortgngee ,ehalLnot incur any persunal liability because of any-
<br /> � thing, itmay do�; qt. omit to do hereundet., s �, . . _ . . . - . . . . . . _ . . . . . � � �
<br /> ' � � In the event of the de[ault by Mottgagot in the puyment o[ nny inatallment, as required by the Note �ecured hereby, - or
<br /> T� �, in the ped�rmence ot the obligelion in this morlgage or in ihe note secu�ed therehy: lhe hto�tgagee shall be entitled to declere thP
<br /> ; . debt secuted hereby, .due .end; paya2�le, wiA�out notice, ;and ,lhe MortgegAe, sliall be entiqed at its yplion, wilhout nolice, either hy itsel( ` ` `
<br /> " '' � � or, by a receiver tn be appninled liy the court thercv�(. und wiihout regerd " lo the adequacy bf urty security 'inr ihe indebtednesese- . .,�
<br /> `' f cured hcreby; to enier upon .and tuke P��ssiori of fhe mortgaged premises; and fo collect and receive tLe renls, issuea and piaflts
<br /> } thereot, end apply-- lhe saine; .lesa casta of operation-and rnllection, u�Kthe indebtedness vecured <by this �rioifgage : seid ients, "
<br /> t . ' isaues ehd profits-�e1ng hereby-assigne� to 4he hfortgngee as furt}ier security for the.payment of sll indebtedneas ercu�erl herehy.
<br /> + � The Mortgagee shullfiave the �power tu appoinl my agent or egents ik muy �desire �for Ihe purpoae o( repalring said prem- � �� �'
<br /> { ises; renting lhe snme: collectin6 the rents, revenues nnd income und itmay pay out of snid ihcome all expenses incurred in renb
<br /> : : _ , ing end menagirig 'the same dnd o[ collecting the renlals therefroml. Tfie balanc'e' iemeining, if aqy, sKnll he applied loward the - � ' x
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<br /> # discherge of the morlgage indebtedness . This assignment ie to terminnte and become null snd void upoqrcleese uf this mortgage � � :-
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