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<br /> TkfE . MURTt3AGOR.. FURTIdER. COVGNAN'1'9 ANll . A(3RE�tl , ' : ` ' . �
<br /> j 1`hat tl�e Mortgapdr' wfll pny �lhe Jndobt�dhee6 �ne 14urglnhntoro . t�rWided ; ;
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<br /> � Thn� lharA4oetgngor le lhe dwn�r of xmd prupirLy irc1e� eunple nnd han - gnnd riqhl nnd lawtul authnrily lo srll und
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<br /> , � convoy lhe eum� aa� thnE thtl elithp ls fFed, and uk�C ut nny 1�� n or er�cumNrnncu; nHd lhet( MorlgaKur will wnrrnri0 enil d 'e7�rilNtfic f r , 1
<br /> titic ta euid premteiro aqainnk {lfib nlei�tttl uf all pHHWna whrnnsnever '
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<br /> j � � To pey inimcdintgl� Wh�nn ilue a�t� p4y�nb10'nll gcaeinl ;lu�lce npec{ul tnzce, ;npecml axyeexments, watrr clinrgex, sewer serv
<br /> t� , , � � ice chnrges, and, olher�dazod nnd c��nrgea� ngmne�, anid propprly,� ar�d �nll.. lazea Invi�d �un th4 di�bt �secured � hereby, nnd; la �urn��h� h� -, ;�� ,
<br />�� � ` Morlgageo, dpon� ri�iJuent,. w) il� "ttir•+driginpl or,clu�{Ifante�,receip/� Urereftir �'Phe Mortgdgui ogrera. 11idl. there nNulf he �uil e t ' ,
<br /> ; ' rnch monthly puyment reqaire�l hcreundei , or unele�lthe �vic,lenc� ot cleGEsecuryrl hr. reby an umount extimaled hy tlir Morttingee, r
<br />� s, � tu he su0ictenk !o' inhal'e ti�o ;:�yl$iC�age�`;jo puy, ae lhey beconre ddc; all � taxesi neaeaaments, nnd eimilur; chnrgee ;utwn , t�i�n� pnm ;
<br /> : S lneN' s�6JHCt ltSNr�tii;lnny tlelirien@y bciauSe ' uf lhe inaufliciency : of auch nddiliunal jinymenl�r 'xhidt ' br' foMtlrwftL depciailed ` by' thh ' ;
<br />�� Morlgagor, witfk, lhe! Mortgagec upon demm�d by Lh�� MorRu+�Ru�, Any tletnult undcr thix pnrn�rnph nhall h� dc�m��l n dnfault in '
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<br /> t ?� pny�tnen{��f lnxen avsessmente�..`` or emtilar. chnrgea rqqwred I�ercunder .-,... " _Y ; ' ,. - �. � � �
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<br />¢ 'Che Murlgaqor �agrcea. thnt the{c ehnll alao IH, added ,ly �ach monthly pnym�n6 of prin4ipnl npcl�� mletest reqwred 6ote � � �
<br />� �� � undr. r nn�amouut estimulud by Lhe � Morlgugee lo bc sullicienL� lo � ennbla lhe Morlgngce lo pny, �ns it hecom� a due, : the meuriince •
<br />�� ! promium on uny ' ineuranc�� pnlicy delivered tu ,the Mortgngur. Any deficienny becnuse nf lhe insuf0ciency of such a(ldilionuL pr+y �ii � '
<br />�� menla 'slial� � be forthwith cleposited � by lhe Motlgtigor wilh the 'Murtgagce `upon demnnd liy tlie Marigug�c. Any def 'x'ull 'undcr lhis
<br />� ` paregraryh nhull he tleemed n de[null in the pnyment. uf insUtnnce premlrtme. 1t thc t�alicy 9rpi�liciea de�iu'sil�cl �irc' such ns hume� y.
<br /> : S '� . owner»' or ell�� �risk policies, end the depusi4v arn � insulficienl� lo puy lhe entire premiam, . lhe hlortgnRec mny npryly� the depavit. .�to ��� 1i•
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<br />�• j pay premiums on riskP required lo be insurnl by thiy mortgnga r
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<br /> Paymenta made b ` thc Morlgegor�'uii8ar the alNive �aingrnplis 'mn nt ' the. o tion 'o( 'the Murtgugee, br ; hel�l ; hp it nnd �
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<br /> � Commingled wilh olher such funds or ilN own funds [or thc peymenl uf such itrms, tmd unitl ao npplird, such paymenls tdu hereby � �
<br /> ; � picdgeKl ; ns securily (or the : unpaid bnlance ut the anurtgnge in�ebtedness.; z ,:; > ;. , , , , . ' a `
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<br /> To j�rocure, deliver tu, and muinlein (or the benefit of lhe Mnrtgngce during the lile u( thts morlgage originsl pob�ies and � �: �
<br />� � i renewnl� dhereot, delivered al l�ast len 8nys fx(ore4h� expiration of �any such ` policies, insuriny a� u�ntit fire �nd 'utKer uisurnble !.
<br />�t , ; huwrds; wsueltiea, and cyntingencies ae the Mortgagee may require, in nn nmount equol to the mdcbtedncaY secured by thie f �
<br /> r � biuttgage, und in companies ucceptnblelo [he Murtgagee, with Io93 �)pyUblC CI�U9C Ill (AYUI' 0� UI7(I Ifl PO�IA ACCCN�a�IP. Lo �FIC ht(IT�FO• i Y � ;
<br /> " j gee. : In the event any p��liey ia not rr. new�vi an or bofore len duys u( ils expiralion, lhe Mortgogec mny prncure insuruncc nn`lhe
<br /> ' ( improvemenls, pny the pmmium thernfor, nnd such sum shall become immedintely due nnd puynble wilh interest al thc rale set j `
<br /> �•.' torth in snid note w�til �SF�id end sholl be securud by thi4 murtgage: railuto on the part ot the , Mortgugor tn [utnisfi such renewals
<br />� ;. .v as am . herein r��uired ur fuilure4�� pnY any Sums advanced her�•unJer sFwll, nL thc � option ot the Moclgagee, . cnnstitule n �drfeult
<br />� a . undet: the terms uf lhis mortgage. The delivery o( tiuch pnlicirs � shnll , in lhe event ot defn�dt, canslitule en �. assignment. � uf the � um
<br /> , � earned premium, f
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<br />� � Any aums . received h.v the Mo�tgegee by muson of loss or dumage insured against muy he relained by the Mortgagee �
<br /> � and . applied . tqwerd lhe pnyment of the debl hereby secured , or, nt lhe uption of the Mortgagee, such sumx eilher wholly or in `' - ' '
<br /> ' M purLmuy be poid over tq lhe Morlgagor lo be used to reps� ir auch buildings or lo build ' new buil�inqs in lheir place ur for nny
<br />� � other pu�pose oc object satisfectury t�i lhe Mnrtg�gee wilhout nfTecting lhe lien on the mortgage for ffie f�ll amounLQewmJ hcre-
<br /> i � �� hy hefurc. such �. pavment evv took pluce � � : .
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<br />� V Tu prumplly repn�r, rest�re ur rebuild t�ny buildings or impro�•ements now ur herealler on the premises which maybe• ' '
<br /> . � come demaged or devtroyed : to keep seid prcmises in gwd cnndilion and repoir nnd (ree (rum any mechanic's licn or othrr lien or
<br />'��'• S claim ��f lien not . exp�eyxly sulwrdinaled to lhe lien hereut; not to suRer ur pnrmit nny imlawful use o[ or �any �.nuisance to exisL. on
<br /> qaid properly nor to Percn�L . wasle un suid premises; nor lu do nny uther ar.l wherehy ihe proPerly hereUy cunveye�l shalLbecome `
<br />� j � less veluable; nor to diminish or impair i4v vnlue by nny ucl or omission tu acl ; lo comply with all requirements of law wilh reypect
<br /> ' u ko the morlgaged premises nnd the use LhcreoL '
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<br /> h : � � � Thnt should 1he premises or eny part lhereuf be laken ur dnmaged by reuson uf eny pubtic improveme.nl ar condemnalion
<br />� � � � proceeding, or under . lhe riqht ut eminent dvmuin, or in nny other manner, the �tortgugce shall be r.nliped to nll compensuli�m.s,
<br /> . nwards, nnd any other payment ur mlie! lherefur, and� shal!- be. entitled, at its � oplioni lo commence:' eppear in an�i: proaecule 'in itx '
<br /> own ntune uny action �r pruceeding, or lo make any cv�mpromise or settlement in connection wilh yuch tukinq or damage. All such � :
<br /> compeneation,:� -nwerda, �� damegcre,��- righl � o[ �action and � proceeds- �� are � here6y�� assigned , to -� .the � Morlgagee, �who may,�. after deductins � �1 ;
<br /> there[rom all its ex�ien�es, rnleese any moneys so received by itor uPP�Y the same un nny indebledness secured-hereby,?Tfic Mort- :
<br />� ' � gagoc�. agreee �. to� execute' such � further; assignmenlaoE: any �.compensation, awards. �. damages,� and �� rights � of �actionand �,. �iroceed5as �. the
<br /> . � MortBaKeemay �� re4uire. . ��. .. . . . . , . . . . . �. . - . . , : . . . . . . ; . . . , .
<br />� - � 'Chat in cnse o[ tailure lo pedorm any o( lhe covenanls herein, lhe Mortgagee muy do on the Mortgngor c behalf everytfiing
<br />� � so covenented: that the Mortgegee mey also do uny uct it may deem necessary lo prolect the lien thereof; tlmt lhe MortgaRor will
<br />� repey upon ' demdnd any motieys Paicl or disbursed by the Murtgagce for any of the ahuve purposes, a�id Such moneys togetfiet wilh
<br /> � interesl lhircun u4 thc rsle provideJ irraaid , note ehall 6ecome ao much a�iditional in�lehiedness hereby secured and may= he im
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<br /> � � . cluded � in eny decree foreclosing this murlgaqe � and be �Suid . oul of the � renLv or proceed5� ot�• unle ot�� said- �pr0mi8e8 �� if not ;otherwise �
<br /> puid; tha4 it ehall not be obligalory upon thc Modgegee lo inquire into the vulidity of nny liten, encumbrances, oc claim in ad-
<br /> vencing tnoneys: as afwve authorizedi but nothing herein wntained : sha11 -6e a�nstrued • ax : requiring . the Mortgogca ' lu 'gtivance nny
<br /> moneys;for eny such: purpusQ non,tu do any. act hereunder; and . lhat MortRagee; shnll nutincur any perxuna(.liabilily .hecuuxe of any-;
<br />� j thing it mey do oc;umil to du hereunder.
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<br /> In the event of lhe :de[ault by Myrtgngor . in the payment u[ any installme�t, ,as rcyuired 6y the Note secured hereby, or .
<br /> i ' im the pedormance ot the obligatiort in this morlgage or in the note secumd theieby, lhe Mo�tgnFee shull be enlilled to declare the
<br /> ' debt secared heceby due and payehle withoul notice, and ;the, Mortgagee. shall be entitled et iis opLion, .withoul nolice, eilher by itselt
<br /> . i � or, by a:�recpiVer �to' �e �eppointed by fhe � oourt thercof, nnd without regor� to !he ndequacy of any securiLy (nr the - indebtednens se-
<br /> ; cuied ,liereby, !o enter uporrand take pos§ession 'of thc morlgaged premises, and ' to collect ' ond receive the renls, issuea ond profits
<br /> � thereoE; end, ap�lY; the setne;` .leys costs ' of operel{on nnd cullection, upon the indebtedness xecured by lhis morlgage; said ienLa,
<br /> � i9sues'`end ptofita' Fieing fiereby asnigned 'to the Moitgxgee.an fuither security for theipaymen! of all indebtednesa Aec�{red herehy.
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<br /> . � � The Morlgagee ehell heve the Power to appoint uny agent nr agents it may desire for the purpoec a( repainng said .ryrem• � (
<br /> iees; renting the; same ;, collectinq lhe: rents. revenues and incume, end it may pny out of said income all , ezpensrs , incurrecl in renb
<br /> ing and meneging lhe eame- and oLcollecEing lhe renlnls theretrom: The 6alence remaining, if any, shell ' be epplied towa�d the r t � �, ; �'
<br /> � diachatge of the mortgage indebledness Thie , assiqnment , is lo lerminate and become null and vuid vpon relcese of lhis mortqage. � ; � '� -
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