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<br /> TkCE i.MORTGACQR FUBT..HER , L'OVGNANTS . AND A(3R�h"E�. d � � +' f. 4 � ,,'
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<br /> Thet tMe Nforlgugor will pny iho in�lnbtrelneep u IiBteititedfarc ryrov�ded
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<br /> Thst tha Mdrtgagn�,{�p��'�M��tlWnnM uf aaid prnprrry m t�r x�mplrt �und hoa .{;ocKl righl nnd lnwlul uulhority to �ell end
<br /> ` eonvey the gnmomt�d thm thtl^�ame�ir�lrap en� �Irtnr ,e,[ anp licn or rnc6mbrence xnd :}hn4 ',Mortgnqnr will warranL and, defenei tho � ,
<br /> ticle ta xaid pratrrleee' u�utWt 't�i��ldiim af +ap pt�ohe whtttnxeiworP , �'; ' ,
<br /> r ' , �t�"� � , `a r _ t3. � ,�' � ti s r r r r � � � � � � f
<br /> i � To pqq ittt�nfl��atelY'+vrikn,�ae �anA r�.v�d��.�it adn�rei ti��� sr�e9 trx�, Hpecial n.avexxmenu� W�ll�� CIIRT�E'p, a�Wex nnrv•
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<br /> ice ehazg�. an� mthia9taYeq �8nc� c}�aegca agaulel nn�d prnparty � 'AIIfl AII LS%QA I@VIPd on ihr. tlebttu•rured hcrrby, xnd lu turnieh the
<br /> u , a Martgagun� upon reqUeMi �t}i the arvp,�na1 or dUplaoqle rutwipta ihia'e+fnrsi+cdrncl fiirreby an �reea thnt tfihrc ahali +�r �hddrd !tn � , . i
<br /> � ' Thr Mortgngur n ,
<br />�' , � rech mrmthly pnvmont rr�wred, hcrru dtr or un�er � hh , evidoricr ef dy`ht nmount netimatid by ihe Mnrt�,ngee ±
<br />°A � • �o }x auRiaiatit.;,3n �t'a1�1A� k�10������ '�Q t�v na 'lhcy berorimr dui�, a11'taxoa. aexesE+mentx, and Fimiler+ahaCgaa ,4(wh tha :�tt�t�j� ` � � �
<br />� � i�a �(uliJt�tt thNre�tti: ' tin}� defiCi�E`i�w k�reau 'sc ot ttie' inuuffitir.ncy'' u[ xuch e�llitionel ' jiAymanix uh611 bi�' •tnH'hwitfi di+ptnirtt+d Ny "tkb " � ' �
<br />� ? � � MoxttCagm µ �th tho �:��Mbrtgegce�� upon d�mand by �lhr Murtgngee. Anp tlefxuit undr.�f thia pnra�raph xhnll 'h� rlermed ��p del'aull �in
<br />� �ayment tif Yezms hxnennmentx ��M elm�lar charqes � roquirwl barcundar,: � � ��. ._. . � �... . � ., . ,',' .�, .:
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<br /> � The Nlpr�gagor agrous� #hat Lhnre ;ahall nlno- be odded to ua�h montbly payment nf . principal nnrl �ntunsst regwrnd hore- . � ;
<br />� f under an 'nma�unt eslimet�d hy thr Mnrtgegee to Fre suAicient tn enxblr. thr Mottgagcr to �iay„ ex it brenmrx due, tht msurnt�cr. �
<br /> � c. ra �d
<br /> , � premi��m; qn any insuronce poliqy dnl�vrrod to the Mortsngoe. Any dc firiency b�wau�c, nf lhe inxu(ficiency of such ndditional pr�y
<br /> t�`�? ��mair�» -ehatl be 'farthwiUi cicpnilited' hy 'th� � Mortgagor 'wiih thc� �Mbrtgagee u�n drtmand by thr. � Mbrtgn�;rr.' 'Any dafeult nndcr tfiie
<br /> c ' �paragraph . shnll bc ��tv�med a �default �in lh'e prtymonl ` n[ inxut7ince prnminmR. 7f t}�e 'pniicy nr ptd ��.ies A�•pnail��d xra � s�irh r+a Fn+h+r�
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<br />}, �� pwne±re� or ell riak tx.licica, and thr. deposite xm inxulficient to ryHy the entire hremium, the MortguR�•e muy app1Y the dopnvit ta ,
<br />� j pay prnmiumx on riskx nttquired to be invurcd hy this mortFage. :, ; '
<br /> r � �t � � i
<br />� ` Ps,vmr.hts msda �hy the ' Mnrtga�or under tfie nbnve pazegruphs msy. At 1he nption 'oi tihe Martgager, 'tx� hMd by rt end f:
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<br />(r s� �ommingled with other 'euch fvnds or �to own [un�ix for ihe peymt+n! nI Kudh �Irms,-and anUl xo +app7�rd, auch nayments nr� herF6y
<br /> o- y ;plerlged as ercurity � for lhe unpaid� �hnlence of the mnrtgage indrhtedhena. i' � � "' . : ' >� . ' " .'� ' ' . '� • I'�� - � .
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<br /> 1"o yrocure, dnliver ta; and maintain for thr henefit pG1he .MortqnFee dur'tn� the tif� of this mortgagc oreGinel .pplwies and , .. Y� y `{ ;
<br />� j rr.newals,;t,hercof, delivr. r�� nt lr,est len; days hefnre, the• expirxtinn d[ nny , such �pnlicies, , inauring a�amxt fire and wthcr �nsuraMe • �
<br /> �� hazards, r.sxuslNes, and cantEr.gencies es . the Mortqnguc ma,y. ,:rnquire, in :an nmount equnl to [She mdebtedneae ;eecurefl by. thix � �
<br />� F � .Mnrlgage,`,and in �companias acoeptable to :thr MOfLgAtiCL wrth ]nx. paynble elnuse in 7nvor oC ani� m Er,rm ecceptable to, the �vinrGgn ;
<br /> ,�,ee. In . the �evrnt eny P�+1icy is :'not renewrd nn ur�lif�fore ttn� � da} 9 of ifs. r.zpiration, 'th� MortFs�,p� ma'y procurc ' insurancr on 'tiht� ' .
<br /> �^- improvetnonts, ��payt6e prcmivm ther�fo'r: :untl auch'�uum shell Feenme immediatuly due 'end payahln with:: �intert«;t � at.'� the tate .siN. `' � �
<br />� , ; �.�forth in §aidrnote until Paifl �and �ahall Fxr �xecurerrl by �this m�irtgnge, Failu [e on Yhe {�nrt of thc ;Nlnrtgegor.,to furaixh suah renrwels � -
<br />�ki ` � HS 8I@ }IC7'CRI I'EQUIiQl� O( EA1�1ITC 40 �A}' Afl}� PUTfIi BfIY&T1CCf1 IIP.tQ11T1(IQT ahail, at thr� nption o[ �the M �rtgager�, CAri51.t�11IP 8 <jp(BYI�f . � 4 � ,
<br /> 6 3� � �� nnder Lhe. 'terms �et 'this m�tl�agc Thu di:livrryv�E quah policios.shaU, �in tfie event : of�. defaiilt, cvi�stitute• fln� assiK�ment �of �t�he ��� - � � �i' ':� ' `�.�
<br />� � � earned .yrem�um, . ` i �'
<br /> � � iYny autes trrttaavxd hq� the M�rrtgagee hy ��rr,ason ' ot l�iss �x demaqe msumil a�ainst mav be �mtained 'by_ fhc �.Mortga�ee �� � r
<br /> ��. and a�apHed Yaward �, sthe ��syment of 'the �.debt, �herelrv secured;��. or; nt the;apt�on of 'the Ivlorlgagee aur.h sum� ut6�a'.:wha4ly 2rr , ��t� .. '
<br />� � . � part mny �.be paid ��nver la Chc Mortgsg��r �t� hc. used � ta repxir �uch� l+uildings �or to build ' new �bu�ldinRs 'in tbeir place pr for any . � � � ,
<br />� ` other purpa9e or objex•t satSsfuclnry lo: ihe MartgeRee � wilhnut :nfTc�cting � the lien on ihe �morlgage for tfir .full emount.securncl bere- a
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<br />�, '� �� by be(ore. �,suCh pnyment everSnok placa . � , � "
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<br /> .To .prompUv repair.� � restnre �or �rebuild nny buildings ��or impmvemenLs �now ar �hrrca[ter on the :prem�xex whieh may he� M1 � �
<br /> ' ��- come dnmagecl or �deslroycd ; : io keep !:nid premiees in gcwd ��r.ondition � nnd tepair and (ree frum any mechamcti lii�n ox other lien ��nr �
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<br /> ; c1aim oE 'lien not expresvly �subbrdinated� to� the lien hereuf: not. to �sufterror permit. � eny imlawtul � use o[ or uny nuissnce �to ezist �on � '
<br />� } - said prc �nerly nor �.-[� permitwaste on seii3 T�rerni:us, nor to �io � any other nct. wberr. by the .property here6y comeyeil �. ehall ly�come
<br />'(r � le.ss valuable, nor to .diminish :or impair its ��alue 6y any<xct or omissinn tn s�ct; to comply with ail requitt4nenl±� nf law w•itfi rdspect ,' �
<br />� �� W the mortgagnd pretuisex nnd 'the use {hercuL � �� � . ,� ` '
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<br /> " ' � That s}xiuld the premiaes �or any Part lhemo[ he taken or damnged by reaaon n! nny P��h��c improvemrnt or rondsmnatinn
<br />� , pmcecding, oYunder the right oE eminent. domnm, or in any olher manner. Lhn Mortgagee shall br entitled to all rnmpensation.a, � ,
<br />� , 4 � awards, �snd any other. peyment or mlicf �therefur; nnd aha]I �beenLiEled. � aY ils opEiiit�; Lb commence. appear 'in and � prosceute� in :it4 '
<br />� ' p� � own name aqV aclion or . proceeding, or to make. eny compromise or set(lement in � connection with xuc5� -tiaking or damnqe. All such �,��,�
<br />�� � �� n�mpenbaiion. uwards, �damages, right of�,•aclioo nnd- proceede-�are � hereby � axsigntd . tn the � Mortgagee� � �vhe may. � �atter . deducting �`
<br />�` ' there[rom all its �expeases, `retense. anY moneys ao ri�cciwed byy it or ripply the :�mr on any ;indebtedness. secuted hereby. The �fort• .
<br />� r gtees , Lo execute sach furlher assignmentr. nf any com��ensution; awardc, damaqes; and ri�his o[ Acticm anr3 �rncr�ds es. the
<br /> t ; �sgoc�.a . . . . .
<br /> k� •. � �� Mnrt6eBee maY: ?e4uire. . . �. � . � � . . . . � . . .
<br />� , � That :in cnse nf failurc to perform any ot lhe .cwenants herein, th�• Mortgagre ma}� d�r on thc filortRAgor's Ixhalf rvc�v�6ing �
<br />� ; :� so ctrvenanted : that -the Mortgagee ma,v. atso do any act it may. deem �necfxsary. to protect the lien thereof: lhat thr. -Morigngor . wilt
<br />� . t repey upon demand 8ny moheys paid cir' disbursecl by th"e Mbrt�ageo for any ot the nhove pnrpe�is, and such mon�ys to�etlier with
<br /> '� interest theteon _et' Lhe tate provided in said hole ;shall 'becnme sn �much� � additionil �� indetitedneay hereby � serurec! and may be � nn-
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<br /> g ' ( � � cluded� in� any -. deeme3oree:lnsi�g this murtgageand }n paid aut. o [ the rents .or prax�cKls �<sF �snle of snid -:kix+miaes iRnet -ottretwi:k `
<br /> � � paid; that it shsl[� not be � o6ligafory upon the MaYtqagee � to inquire inta � the validity of any litn, encumbr�ncus. �or Claim -in � ad-
<br />� ; . � vanaing:�inoneyg : as-. ebrn'e authorizod. �but:mothing ��hercin :contained shall ,:�be conskrued as �rcqairing tbe �Mmtgagee �to, gdvanr� � any � -
<br />� • i moneys •for eny.'such purFwse aor to do anq ect:hereun�ler; and that Mortgegee;�hatl mnt incui, sny hensonal liability lieasuve ot eny-
<br />� thing it .may tlo. or -omit to do-hcrnundc[. `
<br />� � � In the event of thn default by M�rtgsgor in the payment ot �rny inafallmea� , as reryuihrd by (}IC � I�OSP PCl`UTP(� }ICLBby, or �
<br />� ' � in ihe ;pedarmence of lhe obligation in th'is mArtgage or in the noGe secured lhereby, the MorEgak� shnll 'be enUtled tn declarn:the
<br /> debt secured h�reby. due and payable without nuGce, spo lhe. Mottgagee shall be entiticd at i�s npbon, withqut notwr. , either hy itvelf
<br />� ` or �4y a ;re4'erver to;be appointer] by, the court thereo[, an�1 a�t`haut regard' to the atleqi�acy u!'any security for Lhe indebiednes.s sr-
<br /> L ` cure� herebY to en}et upnp anc� 'tm`k� Pok§ed5ion oT ihe mortgaged prnmisen, and to enUect and mcerve th� rnnte, ineoek and profits
<br /> F , ' iasUes nnd rofits.bcin here ss�k�8 #ifie Mo tgng�r .aMln�an. vponythe inden'Udnc� arcurEv3 hy •-this raortFseR ssid �renu, -
<br /> tbn `renT: -enA 'appU?'ihe same. � f� "r3
<br />�' .� � fiy; . � fher .xi.�curii � For the nyment o[.A11 rndebtedn�<s seruied 6erehy:"
<br />€ � � . . . : . " . . , -: � �. . , �i�� . �;�.e:' , � .
<br />� . � The Mortgagee ahall have the pmvet to appoint any ��agent or aqents it mav desrre for the Purpose of repairinq ssid prem• .
<br /> ises; ren6ng {hk same„ ttdlecting the rents, reyenues and income, nnd;il,may pay out of said income all ,r.xpen9es incurred m rent�
<br />�� ing , and managing:'ilie sam¢ end ot c�rllecting thc renW+1s iheretmm. The ba'lance remeining: ii any, sfiail t�r ard 'url. to1��r"d the ,,� "` x�� '
<br />�� , .. ' ` discha'Tge at the .mortgsge mdebtedness�. This assiqnment ie` to tcrminate and F�ecome, null and void up�n relee�+r ot lhie mortgnRe. ,r �� �r
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