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<br /> 76� OU � 749
<br /> 'I'IIP MORTGAG02 rUR1'III'sR COVPNAN9'S AND AGI'tGiB :
<br /> 'Phnl thc Morlqagnr will puy lhe indubtedneas as hrrein6eCore provided.
<br /> � � � � 'I'hnt lli�� Mortgngor � ix O�� � nwner of euid property irt fee simpir. nnd hiu: gond ri�;Lt ��nd inwful tmthority lo sell and ;, �� �
<br /> • � sonvey U�e stnne und thuCthe anme is free rmd cicar of nny liun or encumbrnncn: nnd thnL MnrlgaiKnr will wnrr+mi nnd de(end the
<br /> . . � � IiH�J .. to s�iid �� prr,misex � aFiiinst tfic �cluims uf nl! ��r. Iwme wtinmsorver. �
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<br /> . . . . •Pn� puy inunedialely when duo �und puynl�lc. nll gcneral tnxev, speciul taxrx. spec�al ansi�s.vmr�ntx, wnler churgew. newer serv- ;. :
<br /> .�, '� � ice cliarges. .�+nd otl�er - tUzex mid charges agniu�st etiid properly, and ull tnzes levied on the debl eeaured hereby, nnd lo furnish the j �
<br /> rltirtqegee. upon rr.yuest. witN tlie uriginnl tir duplica�te recripts theretor. The Mortgagor ' i�greex qmf. thrrn r6all 6c ndded tn
<br /> each mwithly payment ruquired lureunder or undar thee r.videnae of debt sr.cured hereby t�n amo�ml eatimated by the R1nrlgag�•i�
<br /> � �� ��10 �6c � eu�cient. to enable thc.� Mortgui;er � lo � pay, as Ihcy become due. �ill � laxes, exxrssmentrt, and himilnr. clu�r�;ex �upon thc �uem- � �. .
<br /> . . - � isen� s�ihjecl �therelo: �uny� defici��ncy ; b�ecnuse ��uf fhe inau�Iicienr,y o[ huch udditiunnl puymenLk sholl bu furihwith drpavite.d 6Y ihi� �
<br /> :�� �lurfgngor with� ihe Mortl;nE;cir upon � deninnd by the R4nrtgagre. Any dr[nult under this �»rngr.iph shall ba dermed n deL+ult �iu ' � .
<br /> � .. . � � pnyment o[ hixcs, ttraonvmentc; or simihv chnrgex. rrquimd . hercundee � �
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<br /> � 'I'I�e� hlnrtgngor �;�grers lhat there Fhuli nlsu be nddi�d tn ��tu•h monthly paaymenl ol principel nnd inti�revt �rrquired here�
<br /> . � � nndcr mi nmount eatimntrd by �hr A1ortgagi•c tu b�r eu(ficicnl tn ennblu Iho Murtk:�F�'r to pay, as it bvcomra du�•. dic insurancc
<br /> � premium on nny . iusuranc�� puliey d�•Ilvrrrd tn ih�� 7�4orlga�;cv. Any defiaiency breaus�� of Uu• insuf�icieneY ��( �;uch additionul pr�y• ��. �
<br /> � menfs nhnll bv torthwith depusiled bY fhe Aturt�;agor with ihc I�furli;agce upon demand 6y Uie Murl�;agee Auy defuull undi�r 16is -
<br /> . paratirnph sh�ill � be deemed n de(uult. in ihe paynvmL nf insurance prrmiumy. I ( tlir puliry ur pulirie� dvpuni�rd nr�� such i�s humi �
<br /> . uwners or all nsk pollciex, fln�l � he tlepnvits are Insuf6cirnl. lu pny lhi� rnlin• premium, thi� b1nrlFnFe!` metY :�PPIY thr depotiit tn
<br /> - pay prrmiums un ri+ka mquimd tu be insurrd hry Ihis rnurt�[��;a . �
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<br /> PnymenlN mnde by thi• h1nrl�;ngur undcr the nbnver pianitin�phs mny. iit. fh�� upti��n u( lhr �lnrltiagre. bi• hcld by it and �
<br /> . vummin�;led wilh o[brr such fmid� or its own Ginds lor tl�r pnyment nf euch ilrma, rmd until so ;�ppli�d. such paymenti nn• herr6p . .
<br /> � pl�sl;;ed av security for the unpaid b�il:mce nf the mnriga�;e indebledno.as. �
<br /> . � � 'Cu procarq dc�liver to. imd muinlnin for lhe benelit uf � h�• A�lorlga�;��e during the lifr u[ this murtga�;e uriginal pnlieies Fu:d .
<br /> . ronewal.c Lhen�c�f. delivered a6 l��ast ten days befurr the i�xpira�lion of any such policirs, insurin�: aFainsE fire nnd ��Uirr insura6le
<br /> ' haznrds, casunities, and cunliugencies tis thi� 1�7urtgngce may rrquire, in +w umonnf equnl to � he indubtednesa .euured b,q this .
<br /> � . . Alorlgage. und in cnmpanie�s acceptnbfe tu Ihe Atorfgngee. w�itl� loss pa}'nblc r.lause in fnvor ot m�d in (orrn iiccep4ibl�� to thr Mnrtga- �
<br /> Fec. In the ovent nny pnlicy ie not renu�eed nu ur before ten dnys u[ its r�piratinn. � he Morlg�gee may pn>curu insunuur ou lhe .
<br /> . improvements, pay lhe premium therefur, nnd such sum nhall become immrdi.�tcly du�� :md payable with in(erevf. al thr rt�te sel ' � � - .
<br /> � furth in sairl nute unlil puid imd sh�ll be secured by thix morti;age. Failure nn thr part o[ thr Morlga�or to fumi+h sucti renew:il� .
<br /> . � as nre herein rF•quired or faih�rc lo pny �nY sums advnnced hercunde.r sb��IL at �hr npfiou ot thc 11orl �;agrr. cunstifulo a fIP�At1It ..
<br /> m�der the terms nt Ihis mnrtgnge. 9'he drlivery of such polici�•x shnll, in the ivrut nf defnult, cnnslitulr mi assiFnme�nt nf thr wo- . .
<br /> . � , rarnrd premium. � � - .
<br /> � � ' Any aums receivcd by lhc �4ortgugc.r by rnxsun u[ los, nr dnma�e insurnd utixinst m:q� bc n�fain�•d hy fhu �iurt;u�;ee � .. .
<br /> . � � mul applied tnwnrd the payment of the debt herehy srcured. or, at tho oPtion o[ thr D7ortgagce. such nums eithrr wholly �rt in � � � . .
<br /> � � . p��rf may tx paid uver fn tlio Mort�;agor tu be unrd to myuir such buildings or lo build new buildings in th��ir pl+ice ur for anv .
<br /> : � �� � othrr purpose ur ublrct sutisfucloq' to fLc T1ortgagce �vithoui uftecting � he lirn un tlu• morlgage fur fhr full mm�unt securod here- � � . . . �
<br /> . . by b�fone .vuch payment ever tuok plaa�. � . .
<br /> . . •fu prnmPfly repair. raslurr ur rrbaild :my buildin�;s nr impruv��ments nu�+- ur heren(lcr un Ihe premi.crs which rna}� he. � .
<br /> � . comr d�un+iRi�d or dealruyixi: to keep s�ii�l premises in y;�wd condilion and repair and fine (rom any mechanic's lion or otlu•r lien nr � �. . � -
<br /> �� � � claim of lien nol expresvly suburdin:lli•d to the lii�u hereuf: not to culier or p��rmit any unlawful u<e of nr any nuia:mre in c�i,f nn � . . .
<br /> . . snid pruperly nur iu perrnit wa�lr un said prrmise,. nur tu dn any olher nct ahi•rrhy the prnprrfy hrrrLY cunveyed shall b��come _ � .
<br /> � Ir•a, valuublc, nur to diminish ur impair ils rduo by nny ocl at umissiun �u acl : lu cumply with ��II rrquimmi•utv o[ L•nv �silh n•spi�ct . . . � .
<br /> �� �u tLi• mnriFatied Premi.�es �mtl the usr � hereuL . �
<br /> . . '1'hnl ::ho�ild the Drrmises nr �my pnrl fh�•renf be taki�n ur dumuRed by. .rason of :my pu6lic impruv��mrn� or cnndi•mn�rtion . .
<br /> � . prnceeding. �>r under lhe riKht uf eminent dnmtiin� ur in a�ry uther mtmnrr, the �Inrtgagec shall be culitl�•d tu nll compcnsntivati. � .
<br /> . � awnrd�:. � nnd nuy other payment ur mlie( thrre[ur. and shnll Le enlitled, a6 its uption, to commence. appear in and pru,ecule in its . . . .
<br /> � uwn nnme any :iction ur Procecding. ur t�� make any comprnmixr or sntllement in connectian wi�h such �akinti nr dnme�;o. All such � . . . . � .
<br /> � compens:diun. riwards. d:ann;;ca. ri�;hl uf aclinn anrl procecds �u�• h��rrbY nssignrd tn thv Aiorl�;agee. �cho m,rv. aft��r deductin� . . .
<br /> .. th�•refrum all its expeuses. releuse �my muueys ..0 rrcciv��d bq il or npplp the sarne on :uq' indehlydnes5 securcYl h�•ruLy. 'I'hr �lor! - .. � . .� .
<br /> � �;ugor agrees lu execule such (urther rissi�nmrnfs uf any cntnpen�ntion. n�+•nrds. damagr;. and ri;;hts uf artiur� �ind prorri�ds �is thr � .
<br /> � Morl�;o�;re ma}• nY�uim. . �
<br /> � � Thnt in cusc ot fuilurc to perEorm any of the coveiiunts hcrcin, Ihe 1�Sortgu�;ee may do nn thu hfortgagur's behalf every- . �
<br /> Ihing so wvenanted; thnt the MortRaqce maY ulsu do any nct it m;ry dcem necessary to protect thc lien themof; thnt the Mmt-
<br /> ; �;ugor will mpay upon demand uny moneys pnid or disbursed by the \4ortgngce for nny of the above purpases, and suCh moncys �
<br /> �ogether wilh interest lliercon at ihe rate provided itt said nole shal! become eo mttch nddilionnl indebtcYlness hereby secured and .
<br /> - may Ix included in uny decree [rrecloying lhis mortgxge und be puid out of the renls or proceeds of �le of said premisce if not � �
<br /> . otherwise paid ; ❑nd lhnl. ltortguger sLoll not incvr :any personal liability ��camse of anything it mny do or omit to do here�mdea .
<br /> � In t}�� i•vi�nl nf lhe di�(aidt. Ly �furtgn8��r in (he payment u[ any intitulLneN. ns roquired 6y Ihe Notc �ecnrrrl 6rrcf�v, ur . � .
<br /> _ �. in the perlwmnnce of the o6liqaliun in lhis murtgt�i�u or in lhr noto vecured ihereby. th�� ,A1orlF»�;e�� shall br enGfled to drelnre the �
<br /> � dcht sccured hereby due an4 payable wiWout nulicc, nnd thc Aiortgag��e sh�ill bc rntitlyd Fll its apliun. witl�uut nuliro. uith�r by i!;<df .
<br /> -. or by n receiver to I�e appoinled Irv lhe enurt lhereu(. and wit6out. reR:vd lo thr udcv�uacy uf nny si•curity for thi• inJebtcdnrss sc-
<br /> - � cureYl herehY. lo enti�r upon and taki� pusvcs=ion uf the. murl�;aged premisrs, nnd tu collect and receiee the rrnts. i�surs and pro(ifs
<br /> . Ihereo(. and apply the same. Ic�; cosfs o[ oper:alinn nnd i•ollecfion, upon t.he indcl�tc�dn<�vv ca�ured hy tliiv murt�;age: .aid ronts.
<br /> � . issuiw unr( profiLg Ixin� }��.reby nssigned to the ;�lortgugee uK furthrr se�curity fur thi• payment o( »II indF•blydnevs s�•cunrl h�vohv.
<br /> � . .. Thc 1lurtgntiec shtill hnvc the puwer to appoint an}' t�gent ur ntients it muy dexire tnr the purP�,se uf rep:iiring .w�id prem- .
<br /> . . ises: ronling the st�mo: cullecling lhe rente. revenu��s ;md incume, nnd it may p:ry n� t of s:iid mcume nll rxpi•rni•s incivr�vl in rent- �
<br /> . � � m� nnd mnnn�;ing lhe same nnd n( cullecting thc rentuls therrfrom. 'Chr• bal�ticr rema�ning, i( any. shull Le appli��d t��ward the :" ! 1 .
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<br /> , dischnrgi� of the mortgntio� indr. Llednr.,.v. 'Chis xssi�nmrnt is lo tenninafr nnd Ix�cnmi• null zmd vui4 upnn rrl�v���• uf Ihi, murtFn�r. . .� � *
<br /> -� �� . _' Thu bturtgngee mi�y collecl :i "lali• char;;c'. nat lu i�xceeJ l�ive (�;nts (ic) for e•uch dullnr (91 .(KI) uf �•�a��h Inlnl m��nthly . � .
<br /> paymrnt mon� tht�n I5 d:�vw in nrn�arc lo cuc��r thr ��vtrn ecp�•n�o invnl���d in Imndling drlinqurnl rici•ounln. r,
<br /> - All paymrnl» made under the provi�iuns u[ Ihis morlguge ur the nut�� hc�rrlr� .rcun•d. �vhict� mny be i•unslrurd :i. inf��m+f . (Q
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<br /> � . ,linll not. in ihr nK�;re�;nle uver ihr trrm Iherevd, rxa�rd fhr r�dr lh:il �nay naw bi• Inw�(ully cnnlr:�clod far �n �vritin�:. , Sia . �
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