�
<br /> f ! ;�
<br />� � �
<br /> �rttr ntort�rcAcoa ruR�r�Icti covrNnN�rs nNn nr.iirrs:
<br /> � '1'hat � he Murlg�igur will pt�y � hu inde6lydm�sv as hrreinbo(nrr pruvided.
<br /> .. . I �. '1'hut thn Morlgagor is tlu� u�vner n( 4aid pruprrty in (ei� �implr :uvl hns �;nnd righl i�nd lawful nuthnril>' lo srll nnd � �
<br /> convrr t.he samu nnd Ihut the snme i�; free and cleer of nuY lirn or encurnbr;�neo; emd th,it A1urlgagur will warrzmt tind d�drnd � he
<br /> tiUe tu s��id premis<�v n4:��inst Ihr clnima of aU personti ��•hnmsorrrr.
<br /> . 'Cu pny immeditdely when due nnd poyabli� ++II a�'neral taxrs, specinl t�urs. sp��ciiil assessmrnls. w:ilrr rhavti�•s, �rwrr sen•� . . � .
<br /> ic�• chnrges, and ulher taxes .md chnrges ugninst said prnperty. and nll lszes levird un lhr di�ht srcured hrreby. ;+nd fo furnish the . �
<br /> . M6rtgxgee, upnn reyuest, with ihe originril ur duplicate n�ceipts therotor. 1'he htort�;.agor a�;rres thnt l6rre slinll b�• :3dded tn � .
<br /> . each monthly p:iyment rcquired liereundcr ur under tho evidenn• of debt si�cured h�•reby am amounl eslim�trd by �he �1nrttiagi�r . .
<br /> - �o be s�dlicient lu ennbl�• thr. Alorltingee tu pny, as they beco�ne� due. nll taxes. :�sci•;smrnte. nnd timil�ir ch.vgve upon �hi� prem. .
<br /> ise�s su6ject therelo; any deficicucy Iu�cnusr of �hu insullicicn�y uf such addi�ionul pa}'mrnts shall Le fnrth�rith drpu,if��d by thr
<br /> - Murlgngor wi�h the A1orl;,•+�Kee up�in drmand by lho A1urlgagee. :1ny iL•fault undur this pnrat'r��ph sh:�ll Le do��m�•d r� di�(auli in �
<br /> p.�ymrnl of Lix�cv. asxi�s,meuts, or similar ch�� r�;r.. r�•quirrd hi�rrundrr.
<br /> 'Chc� ��lortgt+gor ngrri�s Ibnl thi�rr sivill :also br add�•d tn rarh mnnthla pavmrnt of prinripal and inlrrrai rrquirril horr- .
<br /> � under nm mnount eatimuled Ly thr Plortg:�gre tu 6r .su(firirnf tu rna6le thr Dlort�ak��' to pay. as il brrv �mrs dw�. Ihr insurtmc�� .
<br /> prcmium on auy insur2nm pulic7• drlivrrrd tn Ihr \�lurl �:��re. :\ ny drlirieuc}' brrnuso ul th�� in.ulficii�ucy nf such uddiliunal pa)`.
<br /> mcniti shall h�• furlhwifh dopnsilyd by ihe �lurt„ng�n� wilh Ih�• !�(orltinprr upun JrmnnJ hy Ih�� Alort�n�rr. :1ny dofault widrr thi�. .
<br /> , p�vo�;raph xhall bi• dri•mr•d �� di•(aull in thi• puymrnl ul insurnnci� pri�miums. I [ du• puli�•}' ur pulicios d�q�u:iird aro surh :i.; hum��-
<br /> ownors or all risk pnlicii�s. :�nd � hr Jrpueils :� rr innulfiei��nt tu pny Ilu� rutiri� pr�•mium. ihr �lurttia;;rr m:n' :ipph' tl�r depn.:it to .
<br /> � p:n� pn•miwns nn risks r�•quirrd fo 6e iu:nr�•d hc Ihis mort��r;��. .
<br /> . 1'a��numLs m:ide Lc tho iA7nrlFn;;or under Ih�• :ihuer pzvu�;raphs mny. al � hr uptiun u� fh�• ;�fort�;nqe�•, 6r Leld Ly ii and
<br /> � cummin�;led wi� h othi�r such funds ur ils nwn fund.; (ur ihr p.rvmi•nl of such il��ms. .ind un� il cu �i�qdird , xur6 paymrnt � :vr hrrrby
<br /> p1��dKvd as se•curily for thr unpaid bnl�mce oi � Lr mur� l:a�r indrli�orLu�.rs � .
<br /> 'll � ��rocure. d�div�•r to. :md mnint ;iin for Ilio b�•m•lil a[ ihr Alurt�:ntic�• during ilu� lif�• nf this murlgnqi• arigiiml pnlicir; :md �
<br /> ' rrnrw�+ls lhrnro[, drlivrrrd :�t Icasl l��n d�i}�s Lr(uro Ihe ��zpiratinn uf any such policie,, in,urinti �i�ainsl fire anJ �dhrr iiuur.ible
<br /> � liazards, cas'uxltirs. :and cuntintiruei��.v as tlir A-lurltia�;ei� ntny rrquire. iu ;�n amuunt rqaal tn Ihr indeb�edness securrd 6p this
<br /> ' S1url�ugc, and in curt�pnnics riccrpiabli� lu Ihr D1nrl�ti��'e. �rith In�; p,qnhl�� elausc in faeur of �ind in (nnn :icri�ptahlr h� th�� �IortE:n-
<br /> � ;;re ln thr ecrnt an}� pulicy is nul n�m�wi•d un ur b��furr frn d:p'c u( it: vxpirnliun. the Norltia;;ir m:n� prucur�� iu;urnncr un thr
<br /> itnp�uventents. pay �hi• premium thrm[ur. nnd sucli .um ,h:�ll becumi� imrnr•diartel�� dw� :�nrl puy�ibl�� u�i� h inlrrr..l tn Un• rtitr s��[
<br /> fr�r� h in s�iid nulr until p:iid ;md shall Lr �ccturd b�� fhis nturt �a„c. I�ailuru on th�• paK o( thc A4or�;;uqur 1�� furnis6 ,uch r��n�•u•>Js _
<br /> ' ,, ns aro L��rrin rcquirrd ur (eilun• tu pay :iny :ums adcancrd hrroundrr slialL nf Wo � iplion o( the DlurtRx����•. eunviilutr :� do(ault . .
<br /> �md��r the term. nf thi, murl�:u^�•. 'l'h�� drliv��ry� u( ,u�•h pulirir, sh;dl. in t6r �•v��nt nf drGwlL i�uustitut�� nn a.:<i�:urm•N nf tLr um
<br /> � enrnerl pmmium. '
<br /> :1ny sums receierd 6y ilu� Alurl�;akor Le rr:i��un ��f lu.ss ur dnmeigi• insurrd np:iinst m:r: b<• rrt:�inr:l liq tlir 11nrt;:xRro .
<br /> ; and u��plird tuward thr puym�nl uf Ih�• debt hrn•hp s� �rurad . nr. iil Uic aption nf thr NorIR»I;���•, =���'h vum� ��ithrr whully ur iu
<br /> . part m:p� bi• paid uvcr tu fh�• �lurl�;7��;ur tu hr u;rd lu mpair such huildint;x or � u Luild m•�v building; in fhrir ��Lici• ur for any .
<br /> ulhrr Purpnne ur obj�•c•� sntisfuctnry �u � ho A]urt �;ag��r �silhuuf ❑ffe��(in;; iho Iirn nn llu• mun�;ag�• fnr th�• (ull :unuunl ,��vurod hem- �
<br /> , Ly bofurr such pxymenl ecur fuuk Placr. .
<br /> �; � 'Co promp� IV rrp:iir. rr.lurr ur n�huild :urv buildin;;s or impro�'rmonta nu�c nr hrrrnl'ir�r im Ihr, pmrnl.es �c6ii�h uwy hr�
<br /> cnmc dmm�/;rd nr d��slruyi�d : tu k��ep ,;�id pnanisrs in l;ood cuudition �md rrpair and (r�•r Frwn �mc moch,�uir's lion nr o16�-r li�•n or
<br /> � � �duim u( licn nal expn•scly cnburdina�cd lo thr li��n h��r�•n(: nM � n ,�tdf��r i�r prrmi� a�n' wJawful uso uf ��r an �� uui.aurr tn ��xis� un
<br /> `` ' wid prupi•rlc nur tn prrmil �c�i>fr uu ,eid promis�•_a. nur lu du :mt' uth�•r nrt v:h��rrby Ih�• pruprrlV h��rt�L�• cunvrvrd sliall h��rumc .
<br /> ' Ir>.: valuabli�. nnr tu diwini<L nr impnir iL. wdur hy nuy :�rl � �r � �mi .sinn In net : �o rnmpl}� with nll rrquinvnrN; u( Inw� uith rr;prc� .
<br /> �
<br /> � in thi• mnrt�;a�;cd promisr� and thi• ir�o � hrmuL .
<br /> , 'I�hnl shuuld ih�• prr�ui,r; ur ,inv purt tli�•r��nl bo �:J:rn �,r dnm:q:r�d Lt� rr.�;ou nf any publii� imprm�rmcnt ur i•nndaninnGun
<br /> �. pro�•ecdin�;. nr uudcr ihc ri�ht ��f rminrnt dnmaiu. ur in �iny ufh�•r m:�nncr, thr i�lurttiagc�• vhall 6r outitlyd �n nll ivmpcn-;diuns. ..
<br /> + � nward., nnd anv ufhur pnymrnt ur mli��( ilu•n•(ue nnd sh�dl br rnlitlyd. at itti uptiun. tu cnmmcnc��. appi•ev in and prn.ccutc in its
<br /> - � own nnme any arliun ur prucrcdin�. nr to mnki� :�np rnmprutnisr ur .,ctilrmrnt in i�nnnrciion with such Likintt ur d��mn�r. All such
<br /> . cumprnsation. �nv:ud�. d:mm;;��s, ri;;hl n( :�efiun an<t prucei•d. :�ro lierrhy n.si�ued tu Ih�• \furl �;;igre. who nc�y, a(trr dwluclinF
<br /> . ihive(rv�m ull its rsp��a-e�s, relruse any mnn�•y� s�r n�cricrd Lc it ar ;ipplp Ihi� s�mte nn any indebl ��dn��s; .�•rured h�• rrL��. "I'hi• \lnrt -
<br /> �. gut:ur ��;rre. lu rxrcule cu��h furthrr a«ienm�•nix nf uny rumpon;atinn, n�card.. �I��mn;:v:;. vnd ri;:ht nf nrliun :tnd pru��rrda :r � hr
<br /> �; - \iurl {;al;rr may mquiro.
<br /> �� � 7'hat in ca;e ot fiiilurr to prrform ;nn• uf dia cuvruan(s hemin, th�� Aloriqagee m:q� dn on the :11urtgagor's I>ehalf ev�•rY-
<br /> � � fhing su covenunted : that lhe rlorlKa�eo may rdsu do any act it mny dirom neceasary to pmtre[ the lien thrmo[; that the 12ort-
<br /> �;agor ��•ill mpuy upun drmand any moncYs pnid ur disbursed by Ihr 1lortgagee tor uny of thc above purpocen, und such muneys
<br /> � logether with interest thercon .il the rale providod in ciid note �hull bc�come so much additional indebt<slness hrreby secured und
<br /> mnp bc+ included in any decmr (urecl�ing tliis mortg:�;;c ancl be paid nut of l6e renis or pra•ecds of xale of s�id premises if not
<br /> ,-: nlhrr�si�r p:aid : and lhat DinrtF���r chnli nol incvr nm� pi�rsomd liahility t>ecau>;e ot nnythin�; it mnp do nr omit tu do hrr�undrr.
<br /> In thr or�•nt nf tL�• d��(ault bp \furl�:agor in Ih�� p:tymrnt u( any installmcnL :�s rcquirrd Ly tho \� �t�• �rrnn•d h��n•Ly. �v
<br /> � � in tl�r prrfurmancr ui ihr ubli�;��tion in f6is murlgu��• or in thr nul�• �rcurcJ � hi•rchy. � h�• �lorl ;;agrr shnll b�• ��ntitlyd iu drrLirr Ihr
<br /> � debt secured I�rrel�y du�• ;nid pa��ahlr �rilhuut nolic�•. and ibi� '�lori;;,i��•r shnll be rntitled at i4. uptiun. �� i [ huiit n"tico. rithrr 6v iL;�•11
<br /> nr by a receiver In Le ;ippnitdal by ihr c� �urt ih�•r�•oF. and ailhuul re�;ard �u Ihn :ulcyu:�cp nf ;m}� ���rurilv lor thr inJ��btednr�s s��.
<br /> ctucd hereby. tn enl�•r upm� end �akr pn.s<essiun o( thr murlR�4:rd pr��miyrs. nnd �n t�ollrrt an�l reoricr iho mnts. i��.w•a :md prufiLs
<br /> �. IhereoL und .•ipplp lhr satnc. Icv; anls of „perntinn nml rullrcliun. upon Ihr inJcLtiKlnr.,.s tit�rurrd b�' 16is nu,rt �!:i�;i': .said rrnt.�,
<br /> ' isan�•s and prnfils fx�in�; hrreLy as=iCi��'d tu thr �lurl �;;��rr ;�s (ur� hcr s�•c•nrih� fnr Ihr paynv,ni nf all ind�•htrdnr<, crrnrwl h��mh��.
<br /> . 1'he �turlR.i�o�• =}iall h�rv�• thr pu�rer ta �eppoint any :igi•nf or a;:entx if may d���im for thr pnrpusr of rrpnirin� >aid prrm - .
<br /> � i.r•.: renting the �ami•. cnllechn„ lhr mnl ;, rrvemuc�a :uiJ mrumr. nnd it m:�c �:;n� nut o( cnid im�„m�• :dl i��p��n.��-, inrurrcd im m�i- . �
<br /> � in�; +ind mana�;ing the ;.;mir and o( cnllrctin� ihr� rcntnw thrrrtrom. "fhi• hnl;mu• min:iinin�;. if anp. .hnll br ;q �pGrd tnwnr�l thc . ' ; '{,�. •.
<br /> � .. dihrhnr�E� o( lh�• mort�ngr ind��6lydni•ss. "Chis assi4nmrnt is fn ti�rminnl�• an�i Ixrnm�� null ;md v� �id upou n�lra��i� n( tliis mnrtca�:��. . . H .::a::-:
<br /> I 'I'hc Mnrt�;uger maV nrliccl :i "I:di• ch:vgd' nut la orc�•cd Fi� �• C�-nls ISc) fur r:�ch doll:� r IFLIN) I ol �•:u�h Intal m� �nlhly . � .
<br /> � P��7'mrnl mnrr thrm 1 i d:�c� in .�rrr��rv to rm�r•r fh�.� rsir:� i•� prn::r ineolvrd in hnndlin¢ d��linqui�nl accnwlt:. SP .
<br /> h '
<br /> . Ail pa1'nu�uls mude undrr Ihr ��rueisiuns o( this n�nri �ni:c ur thr uotr h��ml��� �ee��rrd. �rhicl� may bi�� i•unqrurd n. inh•rr.� . �
<br />,e - .h:�ll nnl . in fhr .iKFre,;:dr oci=r �ho Irnn thereo(, rzcerd Ih�� ril �• fh it mav nmr b�� I:i��'lulle euutcuct��d for in �vritint� . . � � .
<br />�_ :
<br />.�
<br />;:i�
<br />� � � �
<br />.`,�
<br /> I�:
<br />: �
<br /> 'f
<br /> �
<br /> S
<br /> Z
<br /> f
<br />
|