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<br />� 76' �) � 23Ei �
<br /> TFfE MORTGAI'AR FURTIiIiR COVGNANI'S AND AGR�G9; . ' � '; �
<br /> Thet the Mortgugor will pny the� indeLtedness as hcreinbe(ore provided. . . .
<br /> '^hut lhe Mortgagor: is the dwner of snid prnperly in (ee ximple mid hns gn<xl right nnd inw(ul nuthority tn se�l nnd
<br /> convey Ihe xamo xnd that the anme is free tmd cl�rur nt nny licn or Pucumbrnnce; and lhat Mnrlgngar will warrant and de(rnd lhe
<br /> �, . r tiHe to Rllid premises ugainst the claima �of nll prrsons wl�omxouvee � � . �' � � �
<br /> I 'Po pny immediutcly whrn �. due and pnynhle ��nll genernl tnices, speciol � laxes, specinl nsse3smenCs, wnler churges, sew��r �serv
<br /> ice charl>�'s� and .olher inxex imd chnrges ugninyl aiiid properlY. and nll tnxen levird on tlu� d�•ht serured hereby. nnJ lu (urnitih lhe . �
<br /> A1ortKn6ec, u�ion �. n�uest;% with- thc 'ori�inal , orduplicute rettipts thcrefur. 'Thr Murlengur agrri�s lhnl lhcrr �hrdl br addod tn . . .
<br /> . rueh munthly pnyme�nt reyuired herewider nr under Ihi• evidence u( debt secured hr•re6y an amount rslimutrd by the Morlgagee � . .
<br /> to brs suQicient to ennhlr�-the Mot1gn�ee� to pny, ns Ihcy becume due. tdl tnxr.s, t�xsi�ssmenls, nnd similnr ch�rgas upon thr � pre�m � . _ . � . �
<br /> . ises subject thcreto;� iany defieiency � 6ri•ause uf l�ic insu(ficicncy of �such addilinn:d poyn�enta shail bi• forUiwit6 di�pusit�d by thr .
<br /> - Mortgagor «�ith lhe Morll:ugei• upnn drmend Ly the �1urlgoge•i•. Any deL�ull undrr thiv pnrugraph shall Lr drrmrd n Jrfault in � .
<br /> pnqment di tazes, nssessmenta. nr similar chnrgi�s requirrd hnreundvr. �. .
<br /> 'P6i• Murlgagur ngrees that there sh:dl �Iso hr added tu ench mnnlhlY p.iy����'��t , uf principal . und in(errst requireJ hem•. . � � .
<br /> � . imder an nmuunt rstimaled by lhe Mortgagee Lo bo suliicicnt to ennble lhe �1ortgagei� lu puy , an it brcbm��+ dw•, ihe insurnnrn � �. .
<br /> . . premium nn anY iusurance pulicy delivered lo ll�e Mortg��gre. AnY dcficiency brcnuse uf Ihi� insulfii•iency of eucli nddiliuual p�y- � .
<br /> . ment, shnll b�� lorthwitli depnsiled by the Murt1;�F�r with ihr TTortgngre u�K�n drm:md by lhe �lorlqegce.� Any .deG�ult under Ihis � � . . .
<br /> � pnrngraph shnll Ixr drr�ued u de(ault in the payment o[ inyurance premiums. i [ � the polic7 nr pnlicii�s drpr�tiitrd arr such a, Inime� �
<br /> � owntrs or ull risk policirs. �nd lhe rle(Nisils ,��r intiullicit•M tu pay �hc rn� ire prennwn, Iho hlort�agec mn)� :�pply Ihe dr•posit to .
<br /> "' puy premiuma on riskn required to I�c insured by this morltit�ge. . : e � . .
<br /> . . Fa�vnNnts m:tJc by lhr Morl�;ugor under � he i�bu��r p:trngriphs m:�y. al Ilic u��Hinn n( tho \iorlpage�, 6e h��ld � bv it and . � . � .
<br /> rommingled wilh other suo6 funds or its uwn tunds (or Ihe paymrnt uf tiu��h iti�ms. and until sn :q�plied, such P:�>'mrnts an� h��rrby . . .
<br /> pledged ne securily for lhe unp�id � halrince u( lhv morti.age indebtrdness. - . . .
<br /> Tn ��rocurn, deliver lu, and mainlnin (or Ihr hrn�•�it uf Uu� Aturl �;n�;�r dnrin�t th�� li[c nt Ihin murtg;ige uriE;in;il polirles au�d . . .
<br /> � renewals Lher�r�[, dcliv��nvi at Ir.�st trn days b��furr thr i�xpirntion u! any such policirs. invuring .+gainst (im and uU�rr insurnhle . � .
<br /> � hnxnTds, casutilties, und contingencie� as lhe Mfortgngre muy mquire, in an nmount eqw�l lo the indehteclneay �ecun�l by /hiv .
<br /> �. hiurlgage. :i��J in companios acceplablr ln Ihi� AinrlF:�t;�'�•. ���ilh luss �ray�blr cl:ms�� in fnvor o( and in furm acce•pfaM�� tn Lhe A1urtti;1-
<br /> Gee. In tho ��vrnt any p�rlicy is r.ot rene�wix! nn or b:dure frn d::ys u! itr. :•spiration, l6r M� �rlgn�•��r may prnouro ir;suranv�• un thr � . .
<br /> ' improvemenls. pny the premtum Ihrrr[ue and surh vunt shall Lecmu• mnnedi�drly dur nnd p;ryulrle �.�ith int�•re,( al thi� r,rtr tol � .
<br /> i:. futth in said nole until pmd anJ �Lall bo -.rrurod bv lhi� nmrl�;agi�. F:ulurc on fho parl nf tLc btortgngor ln (urnish ,uch rrnrw�nls �.
<br /> as ure hrrcin required ur (:�ilurc lo p:�y any .wns advaiurd h��rrundrr ch��ll. nl 16i� uptiun uf U�r Mo�tl;%�1;�'�'. �'� �nslifute s da���uuli
<br /> unJer thc Ycrms o[ lhis nmrlg:iti�• 'I'hr � Irdivcr�� uf }urh p�dii•ios .h:dl. in Ih�• rcont u[ do(nidl . ronstihitc ❑n :issil;��ment u( thr un � �
<br /> earniri premium. � .
<br /> Any sums rca•i�•rd br Uir MorIR:4;�'�' hy rnnson u( Ioss or damage insurrd aguinst mxy bi• rrlained hy lhr Alurt�;a�ee . -
<br /> aud upplicd IownrJ thr pn��mrnt uf Ihi• drLt hrreby s��rurcd, or. al Uu� uplion af thr Morlgagee. such smns �•it6er �stially ur in . . . � .
<br /> purt mny 6e p�iid uver tu lhe :1lurlg:�gur l� � bc uned io n�pair �ur6 6uilJings �ir �n huld ' new buildin�;s iu � hrir �d��c�• or (ur :my
<br /> othe� purpusi� ur ohjec(. citisludoq' tu tho nlurlgt+gi�e wilhnu� :+ITi•cGng the li��n an thr nu+rlguge (or th�� fu11 timnunl ��•currd hrre. . .
<br /> Ly belure such p.�ymenl ��w�r t��ik place. -
<br /> �. Tu prumptly repnir. restore ur rebuild nny building, ur impru����mrnts nuw� ur h�•reatler un tLe pn•miscy whic6 mnp be. � .
<br /> � come dumnged or deslroyivi : �o keap �:�id premis�•s in g�x�d r.unditiun and n•pair nnd (ree from any mech��nic's licn or nthrr lirn or . ,
<br /> dnim ui lien not expn•w�ly sufxirdinated la Ihv lirn horeuL nol lu suITer ur ponnit uny unl:�whd us�• of or nny uuin�inre tn exis! on � .
<br /> q� said properl,v nur tn p��rmit waste on said prrrnis�•s, n��r l�� d�, uny uther arl ���hrrr6l' lhr prnp�•rly hereby ennw�yed shxll Ix�come
<br /> j � � . ���ss vnluable, nor lo diminilh ur impnir its valur Ly :roy nrt ur urnissiun lu ni�t �. tn ��nmph� ���ith all rryuiremen�s uf lak' wilh rrspecl �
<br /> �� � lo lhe tnnrltiuged premise, +�nd th�� u�c Uwren(.
<br /> � Tltal shuuld Wo prrtnis��s ur nny p+�rt lherru( Ih• Liken ur d:miu�;ed by n:�.un u( eu� v publir imprrn�rm��nl ur cundemmiGon . . .
<br /> ^� -.... -.. _. ..rmccrding: or under lh!• ri�:hl uf rmin.•nt .I,�main. �n� in :uiy olhcr rnamx� r, thc \larlga�:i�e .=h:ill Lo rnlilled tu all rump�•nsalinoF, .
<br /> '' nwurds, uncl nny ulher paymimt ur roli�•f thrrefur, und shall be entitlyd. al its npliun, to cnmmener, nppeur in and pnnecule in iLa � � .
<br /> own narne miy aclion ur prcxreding, ur tu make �ury r��mprumis�• or setllem�•nl in conneciion �vilh �iich laleinK ur Jamage. All such . . . �
<br /> cumpensnli��n. awnrds� dumae�-s, rie.ht n( ai•linn nnd pron�ide :vi� h��re6y ��.signrd tn the Mnrlgngn�. whu m��y. ��Rer deduMinq � .
<br /> v� therelrom xll its ezpensrs, release :my mom�yx sn n•eeivrd by it ur apply Lhe same rm ;ut)' indeLlednrss aecurrrl LereLy. 7�be �lofb . . '
<br /> gagor nCreev to execulr such furlhrr unsigmnenl, uf ;mY cumpen.atiun. uw��rds. Ji�magi�s. und righls of e�cliun and pron•��dx as Ihe � . .
<br /> �iortgagee mny ttyuire. �
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<br /> �' "1'hat in cnse uf (uilun• lu perfunn any uf � ho cnvenanls herrin, lh�• \lurl�;agee mny du on thr \lortga�;or'� h��half cvrr�thing -
<br /> so cuvrnunled ; lhnl the Dtortgugee m�y also du an)• acl it mip� drem nvc�•.s:ary tu prolrcl tLe lirn thrrrnf: lh�rt Ihr blmlgxgnr will
<br /> repey upon demand any muneys paid nr di+bursed bp thr �1orU;ni;rr7or any ot the ubuve purperrs• and such moneys togetfier wilh
<br /> inlea�t lhemun ot lhe r:�le pravided in u�id note shull bcconm su much ndditiun.�l indeblydn��sn h�•rrby s�•rurcd and mnv Inr in- `.
<br /> � cluded in uny decme furedasing this murltiage m�d bc paid uut of thr rent. or prun•ccla n( sale n( s:+i�! preenisrs if nnt orh�,n..�.e _� .
<br /> � puid; lhut it shull nol be ublignlory upon the Murtgngee in inquire into thr validity u( any lien, eucmnbrnnces, ur clnim in ad- ' �
<br /> �; � vuncing moneys ns above xuthorized, but not6ing herein conluined xhall be construiKl ns ns�uiring ihe Mort�;ngee lu udvnnce uny
<br /> � money+ for nny such purpose nor tu do uny act hercunder, und tlu�l INorlgng��e shall nol incur nny persunril liabilily becnusr of any-
<br /> . thing it muy do or umit ln du herewider.
<br /> In lhe evenl of lhe defuull by �tur�guqur in Ihe payment of nny inslallmrnt. :�.e n•yuirvd hy tLa Nole securoJ hcr.•iry. ur .
<br /> . in lhe perfomiunee o( lhe obligaliun in �his mor(�;agr ur in thr nute• secured thenrLy. th�• \torigngrr <hnll lu� ��ntitlyd 1��� d�•rlurr thr .
<br /> debt secured heretry duc and puyi�Me wilhuut notire. and the 11orl�:agi•i� shnll be entilled ��t ils oplion. withuut n�,lice, cilher 6y iLvult
<br />�< or by u rcKeiver tn be appuinlcKl by thi� courl therM�f, and u�ithout regard tn lhe ndequacy o[ any secnrily for the mdrbte�lness �r-
<br /> curcd hereby, lo enter upon and tnke posSess-'ion� o( lhe � miirtgnged premises, and lu collect imd :na•ive ih� r.-rt:. �=;e:,:s an;i „r;;fi!s
<br /> thrreat, nnd upply lhe same, less cosls u( operntian nnd rulliwtion, u�xin the indebt+�dnesv u�cumd by thic mort�ngr; c;�id rents,
<br /> � issuev nnd ProfiL9 being �hereby nssigned to Ihr Dturlgager ++c further srcuril�� (or fhe paymrnl ut �dl indebtednrss �,�cumd hereby. -
<br /> i 7�hr MoftRugee sh�dl huve lhu power ln nppoiu� nny agent or i�grnly It mny dreirc (nr lhe �aifP�>+e o( mpairinF s;iid prrm•
<br /> iuw; renting thr xnme; coUectinK the rents, ri�venurs nnd iiuume, and it muy pay uut of snid incume all exp�•nscs incurr�d in rrnl- . (
<br /> ing and mnnaging t}�i aame und of culll�cling thr rrnluls lhereRnm. 1'hi� hahmce remnininK. i( nny, sl�nll hr applied toward thr , `� '�'�"':-' � � �.
<br /> dischurFe of lhe morlgnge indebledmwn. 1'his nssignmenl iv lu li•rminnta� nnJ lw,cumr null and void upun l�•I�•t14� uI { ILS mortgnge. - , N �.� ,
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