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<br /> 'i'H� .. MORCC3ACOR _ F.URTH�IY. COVCNAN'CS AND ACRL'E�: �
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<br /> � Thut Lhu MoHgegUr wHi'pnY lhe indeblednexy 'ad hnrnlubutow prov{�ud. • � ;
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<br /> � 'Pl,al the Mnrlangur � lu +l5p �'d�v�� r uf xeid property in tue eimplo nnd hae goal righl nnd Inwful uulhorilY to x� ll nnd ,
<br /> cnnvey the �amn and kh'af th� eti�b ls f��a onJ ekoE o[ nny Ilen o � rucumbrunen; hnd t1id01 MorlgoN�� ' Wi ��' Wnrhan6 and def�+nd the ! • -
<br /> tit�u to onid �ryremfees • ngeihe� thr ', �Inirhd �nf <u�l rycreond whomeosvnr ; �; � , , � :, �
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<br /> ?' �I'o �¢y 1�hniediately,� �Yh�p ilue anil�j nyn6le ull:�gndetal �tnzce speclnl" 4izea ,e�iccixl ndseeamrnts, wotar rhurqes, auwer sew•
<br /> ' ica d�arg��i, '�'hnt� oEhar':Iexee and 'chargen againnt. quid � prqperty, nnd nl(. lnxex liviid un;.lhu �ehl xccuKucl..l�ereby, und lo� furninh tho �!! � � ,, - � �' . - ;
<br /> Mortgngeo, ypoh� requ�nf�;` witlf ,16e dfigmol�;uri dllp7acqla �re4�ipla, LNctefut., ",T�x• MGrI(,figor ; ngrires ' lhul thcro xha�l be ncldrd lo , ' '
<br /> , ., cuch munlhly paymm�lArequ{reti :phe round�r �ir, uncler I,Iic evitloncc' �f debl. e6cured herchy xn umounl ralimoted hy tlirMorlgnger '
<br />� ', !n be suGictenLatd,`q�ia,Uf� tY�e�- YvlprEun���; lo Pny� na thcy become d�lo; u1L t6xee; aeseenmenls, nnd eimilar; chargea �u�}ona.lho prnm ' . � �,
<br />��" ' 1sie �UbjL4cf' lhereW;'. nriycic!Anrincy ��e�tflide' o[ lho inaumc(ency o[' su�h "dddilinnnl , IiAYmnnla 'aliutl ' ba' tortliWith drposiled ' by ' thc "` . �
<br /> � Mart�a�,or ,w�th U�� Morlgage4 u��on di tnand by the Murl�,ul cu Any defuult under lh�a pnrngrnph ahall br. de� mrd n d� fnult in ;
<br />{ �: . , pnymont of lnxen aexessmontv rir xitnllar bhnrgee reqwred hrrcui�d� r . , �, • ` . y � , , , `
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<br />�, 7 . fhG M4�l�uqtir ugrces thnt thera �nhulLelao ;be ndded lu; euclt monthly puymupl of , principol und iiiltr�nt .reqtdrail hcrr .f ;
<br /><i under an �iimuuni. estimntecl by; lhe Mortgagee lo be aulficient tq eiinble the'. �Morl�,egec � 1u pny , nx�� it bectimi�e due, the `.ineutence �, � ' '
<br />� premium nn any inetirnnce pylicY: �1�liveretl lo lhe Mortgf�gee. AnY deficic+ncY b� cna�:c af lhe ifu+utlicicncY uf: xuch nddiliont�l pny ' i ;
<br /> R� , rr�entr �xhnll ' 1>t� fortfiwhh dNpoxited by� ' Lhe Morfgngor wilh the Marlgagee ujwn d�mnn�l by lhr Murtgag�e: Any detaulE under this
<br /> s; parugraph ' ehall be deemed a . ¢efaull in thq pnyment ''of iheJrancc premlume: lf tht� jiolicy or poflcick d�. �4usiti�d` brr nuck m� hvmo�'?
<br />'�� ownors or nll risk poliriex, nnd lhe de{wqity xre iusulficicnk to P�y thu rntirc premium , lhc Morlgueee mny apply the deponrt lo
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<br /> pny prumiumn on riaka reyuired to be insurcvl by thix mortti+ige. � � � . � � � ��
<br />��� ` Payments mude b�y the'"Morlgngorvnder 1h1�'nbove �iurugrnphe mny nl lhe tiplion 'of Ihe Morlgagec, he helcL' hy it und
<br /> • o upplied , such paymenla arc hereby r � : I ,: ; � ;
<br />�� commingled with othr.r xuch funda or �ls nwn fwidxSor Lhe payment o[ Fuch items, nnd unt�l s ,
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<br />�• ��ledgedas security for lhe unpuid 6nlnnce uL lhe :inortFnge indebtedness: , � ' '
<br /> y To prceure, cleliver lo, nnd mninlnin for the 6enefit of tlie Morlgngec during tl�e life o[ lhis morLgugc uriginnl t�olicics nnd { ,
<br />�( renewals ' tfiertr�[, �leliveicKl al Iensl ten diiys Ixfaro the uxpimtion u( imy such policies, insuring ngainal fire and uiher insurnhle ; '
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<br />, ihnzurda, cnsunitieu,-und contingencies as the Mortgi�ger, mr.y reryuire, in en nmount equnl to the indebtedneas . secured by thiar
<br /> F: . Mortgaqe; and in compunics nccepu�bie lo the Morlgngec, witl� los� pevable clnuue in fuvor of �md in torm nccepinble lu lhe Murtga--
<br />�; :. gee. In : lhe. event � uny � policy iv not renewed un or bofure ten d�iyy � of ils expiralion, the � MortKagce muy procum insurunce �mrthe
<br />� improvemenla, h�Y �he premium therefur, und suoh sum shell beciime immedintcly duc nnd pnyablc wilh inlerr.st aL 4he rutr set %
<br /> Y ` [orth in suid nota until puid and xhall lx Kecured b,y this mortguge. ruilure un thr. pnrt of Lhc ,Morlgagor ly furnish such renewals � " +
<br /> � ns are �herein tequired �� c�r � failuro- to � puy� uny .xums Hdvanced hereunder shnll, al the option � of Uie Morlgagee, constitute n de[aull. 3 ' �
<br />�� underlhe terme ot lhis mortgnge. '19�r. delivery of such pnlicies shall; in the event of de(nult, constitute an nssignmenP of lhe un•
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<br />�� eurncKl ptemium. `
<br />� Any aume received hy the Murtgagce by rr.uson O� I095 or dnmaqc insared nguinst mey bc retaine�d by the Mnrtgagce. � .
<br />� � and upplied . loward lhe pyyment ��f the debt hereby secured , or, nt Uie oPtian o( the Mortgagec, such sums either wholly urin � ;
<br />� � putt may be paid uver tu the Morlgugor to be used lo repair such buildings or lo build ' new buildings in lhcir place nr tar any , i �:
<br />�• � other pur�wse or ohjecE salisfeclory lo thr Marlqngee wilhoul alLecting lhe lien un the mortgage [or the [ull amuunt secured liere- ( , y
<br /> by befure such pnyment ever tcx�k , plece. �
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<br /> t ' � � To prumpllY repeir, � restore ur rebuild eny buildinqs or imryrovemenls now ur hereutter on Ihe � premises whict� may be• �-: ;
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<br />�, come damaged< or deslroy��l ; lo keep snicl premises in ga�d condilion and repnir and (ree from nny mechunic's lien ocolher lien o� ' �
<br /> claim oL lien not expreavly subo�dinated lo the lien kierco(; no6 to sutFcr or permil any unlawful use u( vr nny nuisnnce to exist on
<br />� ' said ' property �nor. tu � permit � wnsle on � said . premises, nor to do any other act whereby lhe property hereby comeyed��.ahull become t;�
<br />� less vnluable, noc W diminish or impairils vnlue by nny act ur omission lo act; lo camply with all requirements of I�w with respect
<br /> to the mortgnged prem�ses dnd the use lhereoL
<br />�; Thut shtiuld lhe nremi�es qr any pnrt therwf M: Enken or damaged by rensun ��f any public improvementior condemnatidn
<br /> ; �proceedmK• or under lhe right uf eminent domain, or in uny other mnrmcr, tlic M1forlgagec vhall be cntilled to nll � compensutiona,
<br />� (� . uwurds, :nnd �uny othei payment or relief. thereFor, ancl nhnll � be"enlitled, ntits oplion; . to commerne, appear 'in und � prosecute •in'ifs .;
<br /> . � � own name' nny� action or pr�eeding, or to � mnke uny compromise or settlement in conneclion with sueh tukinF nr damnge. All wuch �
<br /> "� . compet�etion, awards, dnmages; right 'oD .action und proceeds ure hereby ` nssigned lo the Mortgngee, wha may, after deducting � ,
<br />� . � �. therefrnm`ull its expenees, �release � any � moneys �so � rc�ceived by . it. orapryly � lhe �same on �any : indebtedneas� �sewred h�reby. Thc Mort= � "��
<br />� gegor � agrees to �.-execute such fuclher nssignmenls � ei( � any compensulion, � awnrds, damuges, an�i . righls of actiyn �and proceede as lhe
<br /> i � . Morlgagee�• may . � re4uire. - ; � . . �:. . � ' � � � , . ._ . . . � . . � . . : . . °
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<br />� ' s" Thet in case o[ failure to perform uny o[ the covenunly herein, the Murtgagee moy do od fhe Mbrlgagor's behulf everylhirig
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<br />� ' � so rnvenanted; lhet the Mortgagee may ulso do any acl it muy deem necessary lo protect the lien thereot; lhel lhe Mortgagor will
<br /> � repey upon demand any moneys paid ar disbursed by the Murtgeeee for eny ot the above purposes, end yuch money9 logetfier with
<br /> � ;i interesi thrreort ak the iate provided in said nole:sliall become so much aeiditionul . indebtedness hereby -sicurecl anil ' mey he in�
<br /> cluded in anY decree toreclosing this mortgvRe and be pnid oul of the renLc. or proceeds . u( sale of seid . j�remiaes ff not otherwiye ,
<br />� ; paid ; that it shell not be obligalary upon the Mortqagee lo inquirc into lfie validitY o[ any lien; encumbrnnces, or claim in nd•
<br /> i' 4 vancinG :moneye ns. aboverauthorized; buE nothin� hercin conlained shaU be construed as requiring Lhe .Mortgngce �to advence any
<br />� moneyer[or eny euch purpose nor tu {do any. act ,hereunder; and thet Morlgogee shell not incur an,v pereonalliabilily hecause o( any-
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<br /> � thing it may, do or. umit to do hereunder:
<br /> '� In the evenl of the detaull by Morlgngor in the payment o[ any mstaUment, as tequired by lhE Note secure� hereby� ,or ,
<br />� � in the performnnce ot lhe obligalion in this mortgage or tn the note secured the�eby, the Mortgagee shull be �ntilled tii cleclere the
<br /> � . debt secured hereby. due and peyable withoul nutice, and the Mortgagee shell 6e enlitled ut its i�plion, without nutice; either by il.aclt
<br /> .� or by a 'recerver to �,kie appuinled 6y the court thereof, nnd withdut regniil �. lo the adequacy o[ �any securily � fur the indebtedneas se-
<br />�. � cueed fiereby to enter, Upon und tnke ��os9easian' o'f lhe � mortgnged h�emis�s, nnd to cullect 'and receive lhe ' renfs; issuey nnd profils
<br /> thereo[; antl applY the atvne, Jess cos2s� af operalion �nnd rnUeCtion, upon • lhc ' indelitedness 'secured by thi� mortgege said . iente;'
<br />�� ' b insues nnd 'ptbfils' 6eing herEby' uaai�ne�l to !he Mo�Fgagee as tuEklier securily (or the 'paymenl of all indebtedness secumrl here6y.
<br /> ` � �The �Mortgegee shall have the .power to appoint any � ngent or ngenls it may desire [or lhe purpose of rcpa�ring sxid ryrem-
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<br />� ; iaes; renling the, same; collecting the rents, revenues and income, and it,mny pay out of anid incume all . expenses, mcurred m rent• �
<br /> t,' ing and managing lhe ' snme and of cullecting tlie rentals themfrom. Tha belance remuining• if eny, shali 6r applied towArd the
<br /> p, ; j . � -� dixherqe: af the morlgnge � indebtedness. : This .aseignment ie lo lerminate end becomr null and void upnn release uf � thia morlgnRe. n� '� +t
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