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<br /> '1'kili A4pR'CGAGOR I'CJR'1'1 [1'sR CUVI:NAN'1:5 ANU AGItBN;.ri :
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<br />; > 'I'hnl thc Dlorlgogorwlll piiylhe` indeblednnsa iie herniu6e(ore pre�vided.
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<br /> 'Chat thn Morlµngar ix thr awner bf eaid ' property irr fce Himple and luw goud ri�;ht nnd Inwfui nuthorily tii xell nnil • "�
<br /> cunvey ffie enmcinnd 2hnt thu eumu Ie trae und clenr ut nnylion or' encumbrnnce; nncl thnl Mortgagnr will wnrnmb nnd Arfon�l iho ri
<br /> '. UUe to enid premixes nqainsl llio clnimx ot OII �7P1'NOM wliomeorvoc i '' '
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<br /> � To pay imnicdfately , when duu and payn6le nll genernl l�ixcr, speciaftnxex, xpecinl i��.ycrsamenln, wuler CharRc�t; t+ewer Karv � , � ;i
<br /> r� Jc� chnrg4y�, una' other lnxex q�i<I chargeN ukainat Naid properly, nnd nll tnxes loviud isn llie tleb6 seciund herr.by, nnd .to turnixh tl�o � r, 5 P?��
<br />� ` Mortgagen; u��on teyuexf, wifli' tha brigiii�d or tlujrlicnt� reccipts t6erefor, T}ie Mortgagur iigreee lhnC Uirre shull ; bie addi��! to � ; � ��
<br />� ' ench, monthl,y , puymmit . renuirecl, hcrruncler nr under ' the evidunce of ,debt securrcl hr. reby nn iimount oalimnted hy tlio 1vinrtgdFen �, , ' , `;
<br /> `. lo bc aulticient tn cnu�le tha Mortqa�ee; lo puy, xn thny hrcome dw � QII G1X0p, l�9N099111Cf1�N, rt11f� A1fI11IAi CIlE1YuPe UOOfl fhr prem , i J + w3�
<br />� - , �w�s t�ubject themto; w�y �ulicii+iicy brcausc oC the ineuf(icicncy ot sW h n<ldltionul pnyment�+ xh�{II be furthwith de�>cieiled by fhr y., � ,,rn�
<br />�� Murtgnguc wilh . the MorlFnguc upon dumand by the Morl�auce, Ariy d��fnult undcr thix pt�rngrnph ehnll be dri�mrrl n defeuit in : `
<br />�r ��� pnyment nf tnxus, avxresmenLa, . ur similar:� �lu� rqev required hcrcimQrr. , ' � � � � �� � ` ..� 4 �� � �
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<br />� ' '1'he lUortgnprn ngrui�s lhnl lhere 'shall olai� he ndd��d ' la eiich ninnthl,v puyment of �rrincipnl nnil iuitvi�wt r��quirtd hero t' � ; �
<br />��; under an nmount extimnted hy ' ihe Mortgiitiucdo be sullicicnt tii ennbli� Uie Mnrlgagce to ptry: aia if becanu�s ducl. thi� in4urnnct `c't 't � ':
<br />��, '' : � : premium� an iiny ins�irance � �iolicy deliv�red tii lhe �Mnrlgngen: rinp �Icficiency brcauKe ot I.ho insulticieticy � of si�c6; nd<litinnul : �ioy . i�; r '.
<br /> menis ehall l�e forlhwilh �lepasited by the hlurtqnK��r. withthe rlurl�ugee upan durnnnd Iry Ihr MorkguKen. Any defuult underlhiA S ; y '
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<br /> piir+�qrnph�� qhHlPbc � deem�rl }i drfimib �in thd pu.Vment of invurance � premiums. lf tlie pnlicy or policica d�� pusil�d nrn auch � rui humi • � �i i ��
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<br /> r� nwners ar alLtixk .pul�ciea; nnJ thr. tleposilx ure insufflcicnt ln pny tlu• en� irc premium, lhe Martgngue mnp npply tho depc�sil to � t ��!
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<br /> pny premiumerun rixkx required lo be inxurcd by this morfKnge. 1 � , i �,.
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<br /> N� .. :Pe�ymenLv �.hwdu . Gy lhe �lortgagor w�dur lhe nbovr pun�gruphe mny. �nl lhe ��plion uf � lhi� Ivinrtgaqce, . be hcld by :il nnd �� r r � .i:, f ` a�,.
<br /> sl °. commingledwilfi qlher such fwide i�r its ��wn [unris for lhe paymenl o( auch items: tmd uutil ai� applied, sui�h payments aro liirehy °�; "r ,`
<br /> i`j plcKlHed uv �eiiurily firr tlie unpnid bninnce oF Uuu morlqnge indchlecMens. x ' t '
<br />'�; To {ttocure, deliv�r �o, nud mnintmz , fc�r lhe 6enefil o[ the Morfgngce during thr li(c ot thix morlguge oriqiiinl ' policios rmri ��'
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<br /> i { ' renewais 'lher�v�f, delivercd ul leayt tch ' duys before- lhr axpirn/ion uf fmy auch paliciev, insuring x�ninst fire nnd other inxurnhle �; �4
<br />(� . hn•r.urda, cu.stielliex; and cimlingenciey aa the Murlgugee muy; requirta in nn nmuunt equni lu ihe indebtedneav verunxl by ihis rrrif'
<br /> b1ortgnge; nnd in ci�mpimics ticceptable to Lhe Mortgngee, with Inss �mynble claasr in favor ot nnd in [orm 'acceptnble to the tifn�t{;n• . t � ' i +,
<br />�'. , `. gee, In. � the event � any pnlic,y 'is not renewed on ar�. befure li�n �clHys of � iLk expiration; . thc Morlgagei� may :.j�rocure insurunce �on ' th� �' � � r �
<br />�' improvemenls, yuy the pre�iiiuin . therefor, �nd xucH swn shull 6ccome immediutely duc anil ��iiynble Hdth inlr.rest nL lhe iute sel 2, � � ' � t�.
<br /> fdrih in t�i�l notu antil paid nnd shulL be securcd Iry this mortguge: P'ailure on lhe purt o[ thc Morlgaqurio furt�i�;h such renewals � e i i' � ��
<br />' ne ure herein reyuired ur Inilure lo iu nn cumv adv�nced hereun�ler sholl, nt 11ic ' optinrc of the i\lorl •ng� � cdnstiiute n drfntdt ' t
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<br />'^ s imder thetterm4 `o[ thix murigxge: 'Pkc delivcrp ot such j�olicics shall , in thc evenl of defnult , r.onstitute nn uk�i�nm�+nl af � hc iin• � ;t� t '
<br /> ' ' enrned prrmium. '
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<br /> r . - An,y suma rec��ived by the MorttiuFee by rci��nn o( Ipss or dmm�Ke insured egninst mny 6c retuined by the �lnrlgngee � r k 3
<br /> s` und ajiplied luward the ��eyment at t.tie ilebl huret>y secured, : or, nt the option c�f the D4o�tgugec, Auch eumx eit {icr whnlly or in ! 'r t �,
<br /> gt pnrt mi�y : be 4iaicl .uver to< ! ha Mmtgugoe to br, used tn repair sucti haildinqs or tu huild new buil�in�s in {,heir . pluce ��r for uuY ' 4' r ,`. h
<br />� other purpoxe ur cibject salisfaclary to .lhe Murtgn�;ce without Fd(ecling the lien on lhe mnttguge for the (idl amowilixecurcd lierc• ` � ' �
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<br /> �.� I�,y hefu�n- auch � j�ayment ever t6uk plxce. . . . � . . . . � � t� 1 '" .
<br /> ��� 'Po promj�tly repair, .: i�•atore �or � r�build� unY�� fsuildingx . or impri�vi�ments� now on c�re.ifter on ' the. prumisi�s � which may. � he - . �i �f � � { � � k .i
<br />�' `. come d�maged ur deslruyeil ; to keep exid ��remises in good cnnditimi and repnir and Iree from nny mec6zmic'y li�m i�r olher, licn or � , � i +�
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<br />;�' 7 clnim ot lien not ezjxersly sulionlinnted Loihc lien hereo(; not tn sutier or permit unp unlnwfuLuse of or miy nuisnnce to exist on { �1
<br /> Yif � - � �eid prp�icrty nor -lu pennit ..wnvle � on enid premi�;es: nor lu do nny � i�ther nct � whereby the properly hereliy comeyircl shull bre�imc ; � t '�
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<br />�^: . . '� Jess valun6lc. norlo diminislror �impair ih; vulue by unV acl � nr omission to rir.t: tn campk� u�ith i�ll reryuirementa �� f � Isiu� with revpect �� '' � a �� �5.
<br /> . .. to the 'morlguged premises and lhe use LhcrnoL . . . . ' ' � -
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<br /> 'Chat shuuld the premi�es ur any purt lhereof be li�ken or dnmeged by reasun of an p zi �,t
<br /> � y publir. im rovement or condemnulion ; �'�„� -
<br /> A ° proceeding„or under the righl n[ eminent domain, ur in eny other manner, lhe Mortgagee sl�nll be eutiticK6 to ull cbmpensatinns ° '
<br />;t�; ewnrde, and eny other � PvYmentor rclic[ there[or, � aud � shall � he� enlitlyd, �At ils oplion, tu. cummence, appenr � in und �. prc�ecule�. in . �ta . � �r � ;t ��,
<br />= own nnme t�ny ection or proceeding, or lu ma�ke any cornp�amise or sMilement in connection with aucfi tuking nr damt�ge: All such 's. " ` ';
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<br /> G � . � compensntinn, . nwnrdF '�umnges, righl of- � uction and pri�ceevls . are hereUy �ssigned � tn the Mnr[gngen; who . may, nfter deducting
<br /> lhcre(rom all iis cxpenaca, relense nny monevs eo reccived h�• it or t�pply the snme m� nm indebledness Secured hcreby.'Che 64orU
<br />�'• � - . � gugor . aqtecw � l�� execute sucli (urther. aesiKnmenLa � o( nny. compensntinn. .�awards. � deim+�ges, nnd � righls af nclion und prdce��da . ns lhe � . � "
<br />�r' � �. : Mortgn�ee � mny . rerynire. . �. . . � � . . . . , � � . " r
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<br />�' 'Phat in case of fUililre lo pertonn nny of ihe covenanis herein, the Ivinrtgagee mny do on the Murtgugot's behulf every- j
<br /> ti ' thing so cmennnted; thal t1�e Mortgssae moy alao do nny uct it muy deem necesaery to protect the lien fhereof; tl�nt the Mbrb ' �
<br /> ,:� �� qngor � will repay � upon demund any moncys puid or disbursed by Lhe � MorLgagee for any oF� .the nbove purposes, e;nd auch moneys � :�
<br />�7, ° togefher -with intereaE lhereon at the ratn provided in snid nole ehnll hecome so much addilionnl irtdebtedness hereby aecured and
<br /> t,; muy bo included in any decree toreelosing t}�ie m�:t�;age nnd be paid out of the rente or proceeds of aule of snid premises i[ not i
<br /> e= otherwise paicld ' and thnt MortgnRee s�iull notincur any personhl liability 6ecnuse oFnnything it may �io orbmit to do hereunder.
<br /> f � In tl�e evenl ot lfie,deFEwlt. by Marlgagor in f.he,.p¢yment of qny instnllmenL oti required My the NutK Fecured hiemby:. ar >
<br />�7';J in the p[rformanco o( the obligetion in this mortqnge ur in tl�e note aecured therehy, l6e A-tortgngee ehall be entitlesl to declare thr i ;
<br />�, ; dc+bt secufed hereby due and ��aya6le without notice, xnd the Morlgngee ahull be enLiUed F�t its nption, wilhnul nutice, eilher by itself �,
<br /> S %� or by u receiver tobe appointed by the .enurt thr.tetf[; and`witliuut rngnrd lo the ndequacy i�f nny security tor the ` indehtednes4: se-
<br /> a ' - cu�ed heteby, to enter upon and tnke poasessinn oF the mortgaged premises, nnd to collec! nnd receive the rr.nls, issdes un�L prufifs
<br />� ��' themofs and npply lhe snme, less coats o[ ��Per.�tion and rnllection, upon the indeGtednexe xecure<L hy th�ti mnrlgage: wid< rents,
<br /> r6 ' ixsues and pro(its beinti hereby asvigned ko the Ivlortg�iqea a9 furlher xecurit.y for the pa,yment nf nll indebtedness securecl hr.reby. �
<br /> au ' The Mortgagee shall have thepower tu ap�mintany agent or egenls i6 may rlesire for lhe purpose of repniring tcaid prem- , �
<br /> F',l � � 'sres; renting, the, i+ame; collectinK the` rents, ruvenues and ��iucome, and if � may .�my� oul of xnid incnmeall espenses incurred: in �rent- .
<br />�. " ing and mnnnging,;lhe eamo nnd of collecting !Ne reutuls theretrom. 'I'he 6nlunce remnining, if uny, shall he upplied toward the ,i ,�' d�,� �.
<br />�y d{schar�e bf khe, mortgage inilebtednese. 'This assignment ie to tetmirmte nnd become null and vnid upiirr rrlcas��, pf this mnrtgaFe. ,,y ;y ;;
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<br />� � . � . The Mortgagee mny : collect a "lnle chnrge" not ln ��xceed h'ive Centv ( 5c) [nr ��ach dollur , ($ L00) of riich totnl mnnihh % f j
<br /> C�< ��� peymPnt� mom �then 16 dnyx -in arrearn .�to covi•r Ihe- ��xtrn :exprnv� � invniwd in hunillinR delinquanl. accnunlr. � . . . � � � � �. { � � �."��.
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<br />�.�� ' "All paylpents made .under the �hrovisions � bf lhis murtgu�;e ar � lhe. nnte hereb,v securnd , .which m5y be consliued x4 inl�rest,
<br /> Fi , �vhnll nnt, itl the a�gregate over the trrm thereof, �.:exceed the rate thal mey� naw he Inw(ull,y . cmilrncled (or in wYilin�. � . � � � Y �
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