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<br /> TH� MORTGAGOR rUR'I'HF.R COVI3NANT5 ANA AGRPEB :
<br /> .�: � � � 'I'hat the Mortgagor will pe�y the inde6tednrsw ns hrreinhcfore• pruvidrd. � � .
<br /> . 'fhiit the Morlgni;or in the uwuer nf s�id prnpc�rty in fre simple anrl hi��; �;ood ri�ht nnd lawful nuthorily tn soll and � � .
<br /> � convey lhe xnme and ltud the amne iti trec t�nd c��•ar o( nny lien or ��ncumbr;mce: iu�d tlud Atorl�;agur u•ill H;�rrnnt. and drfrnd the . . .
<br /> � . � tiflc to eaicl premixes ntiainst thr. claimx nf �dl persnns whmnxorv��r. � .
<br /> . . 7'o pay immedialclv �ahen due a�nd pirvnble nll geni�rnl tnxrs. speci�d t�xes. speci+d risse,sments, wr.irr charl;�'9. scwer sen�- � . .
<br /> ice chnrges, und olher luxes nnd c6or�;es againwt seid pruperh•, nnd all l;�xes levie�! un lhr� drbt srcured herniry. and io furnish the . � . . �
<br /> � MarignRee, upon rcyunsl, with the originol or duplicnd� ;er.rzip�n Uu�rr(or. '1'he �lortgugor ngrees t.hul tLrrr ahall br add��d to � .
<br /> etich monthly paymenl re�uired hereunder or imder thr evidenec u( d�•bt ::ecured hrreby �an mm�unt rstimatc�d bp thr R1urtgage� �� � � .
<br /> �. tn M, sufiicient to �rmible lhe MortFager {u piiy, f�s thry 6rcom�• dur. :dl tnar:. assessmrnts, anrl �imilar chtarg+�s upon thr prrm- . � .
<br /> . ises xuhject lhe•relo: any Jeficiency b��cauve u( Uin insiJlicirncy uf xuch additionul p��ymrnl; shall be forihwith drpusited hy ihe . �
<br /> MortRr�6��r with thc MorlK�1;�'�' upon dumand bc Ihr Alorltiagec. Any drfnult undrr lhix prirntiraph shnll L�� de��mrd a dr(oult in
<br /> pnymrnl of l7iars. as�essmrnts. nr similar chargra mquirrd hrreundrr. .
<br /> . � Th�• Murtgntiur agre�•v thal therr sLnll a�lso 6�� xdd��J tu rach munthly payment uf prinripal :md intrrost myuired hero- . . . . . .
<br /> under an amoun6 estimaled by �ho Murt�z�geu tn 6r sulticiunl tn ��na61e l6r �7ort;;a�;er lu pay, t�a it hrcnnu•s due. ihr insurimce � .
<br /> >remium nn an insurance �nliay Ji•liverrd to ihe A1ur1 e i � Any drliciency b��caus�� of thr insuffici��ney o[ such addilinnul � i � . . .
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<br /> � menLs shnll 6e furihwi�h drposited by lhe A1orlga�;ur wilL the �turl �;agre upnn d�•mand bV Ihe �1url�ogoc. Any di•f.fult widrr fhis � . .
<br /> � parngraph shall be dcemcd a dcfaull i�� thr p:n�ment u( insiu�anci� premiums. If Ihr pulicy or policirs di���insil��d aro �;urh as home- � � �
<br /> � owners or all risk policics. aud lhe d�•pusits .ire ineulficient tn pa�� tho rntirr pri•mium. ih�� \1nrtl:nFee rnny npply th�� drpuait In .
<br /> -. paV pr�miums nn riskx rNquirrd to bc in.,ured by this mnrl�;agr. � .
<br /> . Pay�ments m;id� by lhe A4orfg;�tior under the aLoer parnpraphs may. al Ihr option u( ihr Aiurtgagi�e, h�• hrld by it and ' . .
<br /> � commingled with olher such funds or ils own funds for thc• p:iymrrd of surli it��mc. :md until .su applied. �such paymrnt.s ar� herrby �. . . .
<br /> s .� pl�slged t�s securily (or Lhe unpiiid bal��nc�� uf the �nort�;�gr indebtotlm•.ss. � .
<br /> � 'Pu procure, deliver lu, �md mainlain fur th�� benelit uf tlie Nort�;r��rr during lhc• lifr of lhia mort�;aFr ori�inril policies tmd
<br /> renc•wnls then�f, deliverod at li�nst Irn days be�tnre !hr rxpiration of :my auch pulicii•s. insurin� a�;uinst iire and nth��r insurable - .
<br /> hnz.adx, cnsusdtics. nnd con�ingencics ns Ihc• A1ort�;n�rr mny m��uirr. iu ;m :�mount rqual ta the indebtedness si•cur�•d by this � .
<br /> ' nlortqnge. .md in comptmies accrptable to th� 7�1orl�u�ec, wifh Inss payable cllluse in favor uf and in (unn acceptuble tu thy \iortga- � �
<br /> ' gee. In thr �went :�ny Pulicy is noL reni•wrd nn or h�•fum ien days uf it� rxpiraiiun. thr D�(urt�;ngei� m.�y pracure insuranee nn th�• � ,
<br /> improvemeni:�. pay the premimn there[or, and such sum shall ber:�mi� immedintrly dur and pnyablr with interest at thi• rale set �
<br /> '. forlh in si+id note until pnid und shnll Iw si�cured b�' fhis mnrttiegi�. Failurn mi ih�� part of the A�lortg���;or to (urnitih such rrnewals � . �
<br /> � as are herein reyuired or tailurr �o puy uny sums advimced hi•munder sha1L al ihr upiinn nf Ih�• Murl�nt;rv. c;,n4tiluti• n dr•fnult � . �
<br /> s . under lhe �enns of this mnrtgage. 1�hr dr•liv�•rv of such pnliri�•; sh:fll , in ! h�• rvr•nL uf dr(ault , runsiiW�r nn iivsigmm�nl uf � h�� im- . . .
<br /> ;.. . ' rarned prcmium. .
<br /> AnY sums r�a�i��ed by iho Mort�a�;cti� by� m��,on uf loss ur damago insurrd a{�.iinsl may bi� retnin�•d b�• th�� Alorl�agce �
<br /> :md appli�•d tua:ird th�� payment u( the d�•bt hereby v��cured, or, ut th� opliun � uf thr 11orlgagrc�. such sumti rither wholly or in .
<br /> pFirt. mnq br p:�id over tn lhe Murtga�or to be utiad tn repuir such buildings or In build ne•w buiiclinks in Ihrir plac�• ur fnr any �
<br /> ; ath�•r P��rpose or object satis[uclury to the b4url�;:i�;re withuu( nlTeclinR th�• lien nn lhr mort4n�c for Ihe (ull nmoimt srrurrd h��re- � . �
<br /> v ' bc Lc�fore sucli paymrM rcr� hmk placc. ' � � �
<br /> � 'Pu prnmptly repair. rrslure ur rebuild any buildings nr imprn����nie�nt: now nr L�•rr:iRer ou Ihr protnisrs �vhicl� m:ay i���. . . . .
<br /> ; � cume damagrd or di•.ctroycKl: lo keep s:iid premises in R�n�d condi (iun :ind mpair :md frce Rum any mrchanic's lirn or uthrr lien or � � .
<br /> Y� cleim of lir�n nol �•xpresnly suburdinrili�d tn the lien h�•n•of: nnt lu sulier ur p�•nnil ;�ny unlawful um uf ur un�� nuisx�nce tu rsis[ un � . . .
<br /> s:�id pruprrlv nur ta permit wasir on �aid premise�s, nnr tu dn nny uthrr iict wlierrby Iho prnperfy hrn•by canve��e•d shnll brcnmr .
<br /> � � � less valuuble, nor tu diminish ur imP��ir its e:ilur by any :�ct ur umir;sinn tu ncL to rnmply �rith :JI requin•menln O{ I:IN' 149II1 re,p��ct . � �.
<br /> � tn the morttiugird premises :md ihe usc• ih��rcuY. �
<br /> i � 7'Iml c}�ould the premises ur any p�vt thrmu( Ir• taken ur d:unaged by r��uson uf :uiy puLlic impro��emrait ur condemnation .
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<br /> ' prrxecKlin�;, or undar tlx� right o( ominenl domain, nr in any olher mannor. t6c �lort�;agec shnll bi• rntitleYl tn nll rumpi�naations,
<br /> � awurds, nnd any olher puyment or redie( thendur. e�nd shall be onlilled, nt i�s uptiun. tu cumm�rncr. appear in �ind prus�sule in it.=.
<br /> }' . nwn name any action or pr�eeding. or lu mal<c nn7 eomprronisi� or setUement in conneclion wilh sud� tal:in�; or damage. All =uch
<br /> enmP�•nxrtion. nw:vdy. dam�iges. right n( acfiun ❑nd pruc<•rde ar�• hrrrhr as,i;;nod tn th�• \turfga„ee. w6n may, n(ter drductin�; .
<br /> � therefrum nll its expenx�•s. cel�•ase :my mnneyti so recoivrd 6p il ur upplp thr snme un am� indebfedness serurrd hi•rv6y. '1'he ."dorl -
<br /> � �;�gor agrecK tu exer.u�r such [urth��r u,signments n( :wy comprnsution. awurrls, datnagec, and riuhts n( actiun an�l pna•r�•ds as the
<br /> A10�1�;0.Fer ntnV 7l`QUIR'.
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<br /> �. . 'Chat in case o( failum lo pertorm any o[ thc cuw�nnnts hcrein, thc btorlgagee m:ry do m� lhe b7ortgagor'.s behalf evcry-
<br /> ; thing so covenanteel: that Uie It�tort�;aqee muy nlso du any nct it muy deem necessnry to protect the lien thereof; thal the blort-
<br /> �� � �;agor wilt repny upon demund uny moneyK paid or disbursed by the i�1urtgagee [or any of the nbuve paq�mes, nnd such moneys
<br /> - logether with interest thereon ut the rate provided in 'said nute ehal! b�rome t�o much udditional indebtcviness hemby secured nnd
<br /> � muy be included in any d�rree foreclosing this mortgnge and be puid out ot thc renls or prceceds of salc of xaid premises if not �
<br /> �, othervvisc paid: nnd thnt M<�rt�;ngec• Rhnll nof incvr uny personul liability F�ecnum of unythinR it may do or omit to dn }��,reunder.
<br /> �' �. In lh�• uvent of the de[uult. bc �turt�;ngor in lho pnymrni ut :un• in�lallmrnt. :�.s rrquire�d hy t6i� Nuf�� sei•ured hrrrby. or
<br /> . in the prr(ormanee of fhi� obli�;aliun in this mortgag�� nr in thr nut� s�•cumd thereby. tl�e ;�1ort�;agee shall bv enlilli�d to d�•clam the
<br /> � dcbt securud hereby due r�nrl p�YnLlr withont nalice, aud the �lurtgnger shull be entitled id its oplion. with��ut notirn. rither hy ilself
<br /> �. ur by n rrceiver to I)C 8�l�101f1��YI II}' � Ile l'Olif( � IIP�(YII. iU1fI withuut regard to lhe udcyu:�cy nf any security for IIII• IIIfIPFJ((YIIlPSS v�-
<br /> : cureci hercby. to rntrr upon and f.nke po�sessiun n[ lhe murfga�;ed premises. nnd to collect imd rrccive fh�• rrntr. issucs nnd prnfits
<br /> � thereuf, and npply the same. Iess cosls of operntiun �md collecliun. upon the indebliYlnes�: serured by lhis morf�;age: snid rrnts,
<br /> : icsue�: and profitx lieing herrby axcigned to Lhe Dturt�;a�goe a. furlhrr �ecurity fnr the pay�meN nf :ill indrblydne�s crru «•d hembp.
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<br /> �� T'he hlorttit�gce shall havr, thc (mwcr tu appoint ssny agent nr agi�nts il mny desire fnr thv purp�ne o[ rrpuirin�; snid ��rrm• � . . '
<br /> + � iv�s; renling lhe same; rollecting the renls, revenues nnd income, nnd it may pny nut of suid income all �•xpenses incurrzvi in rent• . - N �`��>.'
<br /> ing and managing th�� samr und uf collecting lhc renLtds thrrErfrom. 7'hi� b;�lf�nce remainin4. i( nnv, sh:�ll br :�ppLed to�a�ard the � �
<br /> � dirK;hnrge u� fhe murtgnge indeht��dni�ss. "Phis a<signmrnt ix to t��rminste and tx�rom�� null :md void upun rr�l��ii=�• „f ihix murit;ng<'. ,�
<br /> � 7'hr Muiit;a�e�� mnY collect n "lal�� chargr.. nut In rxreed 1'i�•i� Ci•rdo- 15c) (ur r�d� doll�ir (SI .UUI nf �•nrh t��lnl munthly � . '
<br /> . p:�ymrnt mon• than Ib dmK in nrrr:irv In enver Ih�• ��xtrn ��xP�•»�:� inv�d����d in hnndlin� d:4inquc•nl acruunt.. � . .
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