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<br /> '1'H� M012TGAGOR PLJR1'HPR COVI'sNANT5 AND AGREGS:
<br /> . � � 'I'hnt lhe�� Mnrtgriqor. will piiY the indebt��dnrsa av � hereinhetore prnvided. . . .
<br /> � � � Thnt� the Mortgngnr iF Ihc ��w�er of ��id properly in fee Kimpie and hus Ko�xl ri�;ht and if�wful nufhority� to ull nnd
<br /> ' ��� . L� - � rnnvey the same �endtlantthe �nume is [ree nnd� clinr of �nnyiien or encumbrnnav; und thnt Mort�ngor �will warrnnt . and detend� the
<br /> . . LiUc � to snid pr�mises �ur;ainst thn claima nf ell pvrsona whumsoevKe . .
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<br /> � . . . To puy immediately K•ben du� end pay+�ble ull genernl tasr.s, xpeeiul tnxes, xpecinl n4cessments, wnirr ch:�rges, aower �erv-
<br /> . ;� � . .i�a+ churgiw. 'ancl other tnxes nnd � chargea ag�inst said propertp, nnd �il tflxes levied on the debt seci�red hereby, tmd lo tumish the
<br /> ` �: j �� �. hfortgagee. �npcm . request, �� with � t}ie � originabor duplicute receipte therefor. The MortKagorhgrces �� ihat thrre shull . Me nddr,d tn
<br /> ; cacf� monthiy puyment required }�eremider or undrr thc evidence o( debt secured hr.reby am m�ount i�;timuted by the Morigage�•
<br /> -.�� { � � to Un �. suliicient tu enubie the� MortBagee � to pay, . as they become due, ail � tnxe9, n�.sessmenta, and ximil�r. charKes u���pn thi• prem-
<br /> � � � . ises subject �.thereto; �any.� deftciency b�cnust� nf !he. iusu(liciene�� o( -such � aclditionnl pnyments xhail Ix (orihaith �leposiled fiy ihe , . .
<br /> , � ���D16�igugor � with tl�e-. �Alortgngec . upun � demand by thr.� MurtK�i;ee. Anp di�ftwlt tmdf•r Ihis parngrnph shull 6<� deemrd a �1<•(utdf in �.. �� .
<br /> � �.. p:�yment oG liixes, � :�asa�s5menl+, or� similar chnrKes rryuimd hcreundr•c � � � �
<br /> � � � . � � �Thr Adurtgngur aF;re+�s th.�t th��rr sh:+ll also be added 1 �, ciu•I� monthly pnymrnt o! princiE��al and inf��rrst ro<�uirNd h�re•
<br /> . � under nn � nmount estimuted by the bior�{�agi•e to be suflicient to �•nnhle . ih�� Alorlgagec io pay. ui it brcumrs dui�: ihe insurancr . . -
<br /> � , �. � premium on nny insurance policy dE�liver�d � to the Mortgage�. Any� deticiency hi�caune af th�• insuflici�rocy nf such addili��nnl Pny- .
<br /> � . menta tihull Ix• forlhwith di�posil��d hy Ihr Aiurt�;ngor wilh the Mur�gngec upr�n drmund by ih�� Atortyaeee. Any d�•fault under this � � �
<br /> � porngraph shall be�� deeme�d :� default in th�• p:�yment of insurance pri�miums. I ( thr pnliey or pulicirs d��po;iti�d aru xuch �e. homc+• . .
<br /> .� � nH-nrra �rc all risk poliries. �and tho depusits are insufBcicnt in paV Lhe rnlirr pn•mium, the �furtgagvc mnt� applY �hr drposit in . .
<br /> . . � pny prrmiums on rivkx reyuired to be. in,ured hy lhis m�>rtga�e. ,
<br /> PaymenL+ rna<Ir by thc iA4urtga{;ur under the �above pnragraphs ma5'. at Ihe uption ��[ lhc Mur(gngee, bi• hrld by iL and �
<br /> cnmmingled with olher snch funJs ur iG own funJs tor t6e paymrid u( such ii��ms. and uu�il sn applied, auch paymrnts nre hrri�h}• � � ..
<br /> . . plerlged as security for ihr unpaid hnlunec u( the mnrlRntie indrbledne.s. . . . .
<br /> .. 7'o prucure. drlivc•r lo, nnd mainl:�in (ur � hi• b��nefit ot lhe Mnrlgapee during tbc li(e uf Ihis mortguge urigin.i� pulicics ar.d .
<br /> � . ronrwalx ihereot. delit•ered uf. least trn dnys be(ore thr rxpirnt.ion o( any .uch policirs. insuring a�ainnt (im and othrr insurnble . � � �
<br /> � .. . hnznrds. . cacuelties: and cunlingencies as ihe 11urfKnRee ma>' rcquire, in an amount equnl tu the indr�btednes5 �:rcuretl 6y ihis � _ .
<br /> � � �� nlortgnSe, and in compnnies acceptabli• tu the Mor�gngee. with lo:s p:i}'ahle clause in (avor uf nnd in form accrptt3ble tu tlie �Moriga� � �
<br /> gea � ln ihe � event � an3' (>��licy is nnt rcue�ced un ur beforr. lrn days of it. expimtion, the �1ort;;ngee m�n• prucure insurence u�i the � � . .
<br /> . impruvemei�tv, pay the �prrmium therelnr, mid such sum sh�ill 6ec�mr immediately du�� anrl payable �vith interest at thu•. rate srt - - . - -
<br /> � . � forth in s:+id nole+ until paid m�d shull Ix• secured h�� this mort�:a�c. P'ailure un the pnrt ot the A1orlRagur to (urnish such nm�•walc � . . .
<br /> � � , c� nre herein n�quireJ nr fnilure to pay nuy �ums a[IvanCed heceuuder vhall, at the optinn of the .biortgagec, cunstitufe a drtuulf � .
<br /> under lhe Lerrns of this nmrtg��tie. '1'hi� drlivrrv nf nuch pulicies xiiall. in t}i�. �.}.rnt u( dcfanil, conxtilufr� �m as.ignmont uf th�� un-
<br /> . carned Premium. . � � �
<br /> An}' sum; rec��ivrd 6y Ihe 61orlgn�cN� b•: reaw�n u( luss or dnmage inam�ed ag��inst may be rvtnined . hy the \turt���gee � . . .
<br /> nnd npplicvl to�eard the p.iyment� �d ihe debt bereby se�cured, ��r, ut. Ihe optimrof the b7ortgagee, such iums eilh��r whnlly or in . �
<br /> � pnrl may bc• p�id over tu fhe illongagor tu Vx� uxd tu n•puir �uch buildings or to buil<I new buildintis in lhrir pl.�cr or (nr any . . �
<br /> � � uther purpnse or ubject .�:iti:;fuctory to the 9lurltia,4�'�' ����������t u(Trr.ting the lien on thr mortgaKe fnr thn tuil nmaunt secumd iiem- . �
<br /> � (� by brtore xuch paymeni rver tunk place � � �
<br /> � 'Po prompfly re•pair, restore ur rrbuild any buildings or impruvemeNs noa on c��re;dli•r on t.hi� premisee whi�9� mn}� iw� . . . . .
<br /> - come ds�maged ur destrwisl: lo ke��p +:iid premisrs in �uud conditiuu ��nd repnir rmd (ree (rom uny mechamic's lien or other lien ur . � � .
<br /> . cinim o( lien not expre+sly �uburdinaled lo lhc lien Frmof: not to ,ufier ur pi•rtnil anV nnlu�etul u-e nf ur any nuisance lo �•�ist nn � .
<br /> : said propetty nur tu p�rmil waste on eaid Prrmises. mir �o do nny uther act �vhervfrv lhe properh' hereby er�nw�yed Sl�all becomi� . .
<br /> � � � kss valuable. nur tn diminixh ur impuir ilc ��aluo by any :�i�t. or omissiun to act: tn cnmply with �II rrquiremrnts �d Irnv +rith rc:pect - .
<br /> - tu thc• morigaged {��rem�.<:rs nnd the use thorcul. . . .
<br /> � . 7'hut xhuuld lhe preruisen or an>• part th�•rrnf Ix• tnken ur dama�;ed t>y rua,on o[ :my public impruvemrni nr crondi•mnatiun � �
<br /> � . pruceeding. or �nder the right of erninent dumuin. ur in .my othur m:mner. lhe M1lorlgagee shall br, entiUrd tu iJl ce�mpen5atiuns. �.� . . . . : .
<br /> awe�rds. und any otlier P��>•tnent. or rrliut therefur. and sh;ill be enl.illed, a[ iLv uption. to commence, appear in nnd prrMecutc . in iLs � . �
<br /> . o�m name ssm• t�ctiun or prnce��ding. ur lu make any cumprmnisu or setUement in conneclian wid� such takinc or dnmaga All such � . . . . . .
<br /> . cumpensatioa a�eards, d:im:i;;e�. riKht of acfimi ��nd prnce�alv nrr hereLy as�iFned tu thr \lort�;��gee. �vho may, after deductin�; . . .. . .
<br /> . � Iherrfrom ull ils expenws. release any muneys w rrccicc•d hy it or apply the same nn am indehtrdness ser.ured hz�reby. 'Phe :ltort- . � . �
<br /> ' gagor u�;m�s lo ��xecule such further nsei�nmentn n( any cnmpeneatim�. un��rds. dnma�;r.,. and ri�hta o( artion and prnc�•rd, x=. Ihr - . . �
<br /> �1urt�;a�cc may reyuira - - . . . �
<br /> � '1'hut in case of fuiluir to perform any of the covenenls hcrein, ihe \fortgagce may do an U�e Murt„agor's Uehalf every- � .
<br /> � � thinF so covennnted; !liat lhe �fortgagee mny elso do miy uct it muy deem necessary to protect the lien thereo(: thnt the hiort- � � � � �
<br /> , gugvr wiil repay upon demnnd any moneys pnid ur disburscd by the Mortg�gee (or any� of the ntwve purposes, and euch moneys � � . � . �
<br /> togetlier w�ilh interest thereon nt the rale provided in said nute shall become so much udditional indebledness hereb,y secured nnd
<br /> � . : may be included in anv decree foreclosing this mortgage and be puid out of the rents or proccrcis o( snle of a�id prr,mixs if not � �� � � .
<br /> . ntherwi�e paid : tmd t}ud 7�4ortgngee� shnll nnt intt�r any persnnnl linbility M�cnuse ot nnythin�: it may do or omit tu du hernunder. ' . � �
<br /> � � � In thc evcnl u( Ihe deiauli by l��lurt};agor in lhe pnyment of uny installment, as mquired by thr Nut�� secured herrhy, or - �
<br /> � in thc per(ormnncc uf thc nhligniion in this morlgngc or in thc nole ucumd thcreby�, the �7ort�.�gee shall 6r f•ntilli•d to decL•�re the . � � - �
<br /> flr.hC 'bBCLLfCYI IIP�I'})Y (ILLP JI]lI ElU)'�hIC WI�}700E ROIICP. illi(I �ItP �IOLIFII�'L'L• S}l'JII hP CO�ISIf'(] fi� IIti O�)�lOp. lY1�ItO11I nulice. rilher bv itsclf � .
<br /> � or 6y a receiver to ix appoinlerl by the cnurt ther�rof, and without regard to the adi�uncy uf any secnritp for the indebtedn�sti ��- � � � - �
<br /> curevl hemby. to enirr upoi� und t�ike posses�ion o( thf+ murigage.d prcmises, and to tY�llect �nd rircive tho rents. i�.�:ues and pru(i�s .. � � � .
<br /> .. - themuf. nnd npply lhe sc�me. li�s coets uf upert�tion and collectian. upon lhe indebtednc:ss socured by lhiti mur(Ra�e: �nid mntw, � �
<br /> � � issnes nnd profils fming hereby :issi�ned to the A1ort�:iiRec a+ (urtlt�r heYurity fnr ihe pnymrnt of all indebt��dnes< h��curcal herehq. � � . . .
<br /> � � . The i�Surt�;agee shall have the po�ecr tn appoint nny agcitt or ngentx it mny desirc for the purpuse o( repairing slid pmm- � � - � .
<br /> iµ�s; renting �he Fnme: cr�llecling ihc rents, recenues and income, und it mny pay uut o( seiid income all rxpr•n�rs incurrc+i in rrnt- �� � -
<br /> . ing �nd manxging the name and of collrctinF � ���� mntnls thi�ndrom. 'Che fiul�nce remninin�. if any, �h;ill br � epplird � townrd tbe � ,,.(,,; ( �, -�-, -
<br /> Yr � ��
<br /> . �iischa�e o[ the � murttiatiE^ indehtedne�.s. 'I'his as.viKnment iia tn terminnte :md Mrnmr mdl :mcl void uP��n «dims�� uf this mnrt�i�gr. � , .. ..
<br /> - N �is' .
<br /> � : . . Thc A3ortg�gee maY cullect a "lale chnr�;e" nut tn ezcecd Fi� c Cetils (>c) [or rnch dull.�r f51 00) nf r:uh tulal manlhh' - . . }
<br /> payment �mon� than li dayti in �rn•arv lo cover fhe rxtr,a rxprn�r im•�dved in hnmllin� d��linquent ncmunls. �
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<br /> .. . � All pnymenfs maJe under Ih�• �xwisiuns n( this murt�;age ur thc nntc herelrv e.ecured. which may fr con,lrw�d us iuleresL 1� k +, ,..
<br /> � � �I�:ill � nui. in th� aF�;reFnte over fhr te•rm thermf, escred lhe r.�ir lhat may nnrv br lu�vfully cnntracled fnr in wrilinti. � . _
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