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<br />`'Y MONTGAGORS MAY MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE DATE. SUCH PREPAYMENT SHALL E3E
<br /> APPLIED TO INSTALLMENTS LAST TO BECOME DUE UNDER THIS MORTGAGE. PROVIDED THE UNDERSIGNED ARE NOT IN DEFAULT
<br /> AND ARE THEN THE OWNERS OF THE MORTGAGED PROPER7Y, UPON REQUEST OF THE UNDERSIGNED, OR EITHER OF THEM,
<br /> PAYEE AGREES TO FURNISH TO THE UNDERSIGNED 300% OF SUCH PRINCIPAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO•
<br /> HIBITED 6Y THE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCfi ADVANCEMENTS
<br /> SHALL BE SECURED BY THIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD 6EEN MADE.
<br /> . � TH� MORTGAGOR rURTIiGR COVL:NANTA AND AGREF.S : 76, n �1 '� `r� r, ry
<br /> 11 1 ) v !
<br /> � 'I'hut the b1ortgagor will puy thc indobtrdn�ss av hrrninbi�furr pnrvidrd.
<br /> 'Chat lhc Murlgag�ir is the uwner nt x;iid prnprrly in fee himplc and has tio�ul ri�;hl and I �iw(ul authoritS tn scll and
<br /> - c��nvey the sume and thnt the samr is free and elrar uf nnY lien or rncum6raner: nnd th:d. Atnrlti.ig��r will wnrro-int :md dr(rnd �he .
<br /> titlr In axic! premises iagaiiut thu claims n[ nll percona whomsoever. �
<br /> � 'I�n pxy iiumedi�atrly whi�n due »nrl pnynble nIl geneml taa<•y. spucinl faacs, sprri,il assr:smenls, w:ilcr ch:arges, s�•wer serv� � �
<br /> �. ice charges, and other �naes and ch;�rgca ageiinsl +.iid pruporty , and i�ll �axrs L���ird on iho drbl. tierurod hereby, and to furnish the
<br /> � f�lortgugee. �qwn requeal. with Ihe originul or duplir,dc• reccipts ihi•refur. 'I'hr �farig�gor i�gr�•os ihat thero simll bc ndd�•d io
<br /> . each munt.hly pnymen! re��uired hrrcunder ur widur th�� evidenc�� of de6[ securrd hereby nn nmuunl estimuled 6y ihi� \lur��a�ger .
<br /> . �u he su(licirnt tu euxMe ihi• hiurtg���;ee to puy, nx fhey becomu duc, all t�ixes. :�+srssments, and similar charges upon lh�• prem�
<br /> ises s�bjnet Iliorelo; any dei'tcleneV becfluse o( Ihr insu(liciency u( sich l+ddilinnul pnym��nts s{inll be (orlha�ilh dvpusiled by lhe
<br /> " Rlortgt�gur with t6e MurtFUR��e upun drmnnd 6�• thi• Afurt ;agre. Any J�•(null widrr this para�;raph .hnll 6i• dremod n def:uilt in . .
<br /> � payment n( �nzes. ass�:ssment.s, nr similur charRos n•quirrd heri�w�d�•r.
<br /> ' 7'Lr Alnrtga�;nr ngre��+ thnt �hem �h;dl also hr nddvd in rach mnnihl}� p:rvm��N of prini�ipnl and inlrrr.cf r�•yuire<I hrre�
<br /> � undrr tm nntuunt rslirn.dod by [he AlurlgaK�'e lu 6r vuflii�irnl tu rnnbir Ih�• 11or1 �;nR��e tu pay. :c it brcom��v dnr, � hi� insurance
<br /> '. prcmium on anY inxurnnc�� pulicy drlivi�n�d to Ilir \I��rf {;a�cr. Any di•ficicncy bc��ausr u( fhr insulfir.icncV of such aridilionnl pay-
<br /> � menls sh�ill Ir�� forlhwifh depositrd by th�� nlnrlK�i;ur wilh thr �turf{;a�;ro upun dema�id by ihi• �A1ur�aa�;��r. :�ny def:�ult under this
<br /> � , parugr.�ph chaJl Ix deemrd a ilof:udl in the P��ymrnl u! insuranae pn•miums. If ihr pulicp or pulicirti drpn�iled eur euch es hume� �
<br /> � � uwnen or all ri+k pulicies. �vid Ihe d��pusi�v are ir�suflicirnt tu par ib�• rntirr prr�rnium, tL�� iAlurtr:a�;re may apply ihc• d��nosit tn
<br /> � . pay premium� on risks n•quirrd tn br insumd by ihis- mnrttiagc.
<br /> P��ymcnL� m�ido by the Alortga�;or und�•r Ih�• +�bow• p:�ra�;raphs m:�y. at ihr uptinn u( l6�• �lurtti;ig�r, br Iiold by it and
<br /> � commingled �+�itl� olher suc6 funds ur it. u�sn (unds Inr Iho pnymrnt nf such ifrm.;. :md wnil sn ;ipplied. nuch p�rymrnts ;�rc hrrrby
<br /> k � pl�klged as aecurity (nr ihe unpaid b:ilemcr of ihe mortga�;r indebfrdnrss.
<br /> � 'I'�� proaure, drliver tn. and mainti�in (ur ILc Lenclit uf thr ?�1nrt�;n�;ce durint; Ihc li(r uf [hi; mortgugr on�;inal policies and ,
<br /> r�mewnls ihererot. delivrrod at Ir,x�l t�n days Ixfore the �•xpiralion o( :my surh pulicii�:. insurin�; ngainst firv tmd uthrr in�ur.�blr
<br /> '� . hazards. cnsualties. und cuniingencins as lhr �tortgnR«• �r�fiy mquire, in an amnunl equ:il lu ih�• indrhtedness si•i•urrd by thi.;
<br /> ' illurfgnge. and in companiea accepleible to Ihe DiurlFngre. �cith los.s p;rvable clause in f.ivnr ot and in form :icceptable• fo thr '�furt�:a�
<br /> gee L� the e���rnt m�y pulicy is not rrnewed un ur btdure Irn dnys u( ils rapiration. lhr n(nrl�atire may Prrn•urr insunnue on fhr .
<br /> improvements, pay the prrmium theretor, aud such smn ahall brcome imrnrdi.�tely dut• anJ p;�ynhle wiUi interrst nl. ihr r:Je set
<br /> � furlh in said nolr until pnid and shall br ,rcured Ly this mnriqu�r. Pailure nn lhe part of the Dlortgagnr lu [urnish such rrnrwals
<br /> � ns urr. herein required ur L•�ilure to pny anq swns ndvnncrJ hi�mundrr shall. �rt tho option of thi� �iurtwng�'a. cunstilutr n dr(ault �
<br /> � under lhr terms u[ thiv murt;;a�;e. 'Phe d�•livery nf surh P��lir.inv shall, in lhc rr�•nt o( Jefaulf . ronslifutr an ;�ssi�;nrn��nt u( lhr um
<br /> � rnmiN! pri•mium.
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<br /> �� Any wums rrcrived by lha 1�1ot[Ku�;ee by re+uon u( losv nr d��mnge in.ured atininst may bc n•lainrd Ly lhr Ainrt�a�rr
<br /> " - »ud nppli�d lnwnrd the Uuyment uI the debt hrrebY srcured. nr. art Ih�• oPlinn uf thi� M1inrlt;a�;c��, surh sun. rither wholly or in
<br />. i� part may b�• pnid o��rr to ihe Mort�agur to be used �o repnir such buildin�;s or �u build ni���� buildin�;v in th��ir Plac�� nr (ur any
<br /> . nther purpom ur ubjrct wltis(uciury lo lhe tilur��a�;r�• wi� huuf a(Tectin{; lhi• licn un thi• morft;ay;r for 16�• (ull amnunt srcurrd h��rr.
<br /> ?. 6y he(u�e such �>aymrnt rvrr t�xik placr.
<br /> ��� 'l�o prumptly rcpair. rrsturr or rebuild nm• buildin�; or impruv�•nu•nis nuw nr hrrrutti•r �m tlic premis�•5 �+�hich mny be. .
<br /> A cnme dam.ii;ed ur destruyrvl : tu krep v:iid premis��s in t;a�d runditiun �md rrpair ar�d G��r (rum any nu�rh;uiic', li�m nr uth�•r li�•n nr
<br /> i � claint of lien nat exprescly subordinafed to t6r li��n herroL nnl to su(frr nr per[nil any unlaw[ul usi• n[ or mi}' nulsancu tn rzist un ,
<br /> � s:�id pruperly nor to prnnit wnsle on caid premises. nur tu du .iny� nlhi•r acl whrrrby tl��• prnprrtp Yu�reby ronvcyrrl sh�ill IH•romr
<br /> @.' less vulu��ble, nur lo dimiuish nr impair ils asdue I�v euiy ucl ar umissiun In �ict : tn cnmplp ���ifh nll rrquirem��nts nf Inw ���ifh rr.;pect
<br /> lo � he mnrtg:�q�•d premiscr �ind fhe use Ihrreo(.
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<br /> . '1'hat shemld thi� pre•mi+r, ur any purt (hi�mot be taken or damn�;ed 6y n•;inun of any public Impfm•��tOenf ur cundemn:+tinn
<br /> prxecdinf;. or under [he ritiht u( eminent dumain. ur in nny u[her munn��r, thr Nortga�;re shal ! b�• rnlilled �o ;dl i•umpi•ns�iiiona,
<br /> y ewards. and nnY ��ther pxyment ur relief th�•ndur. �nd ehall 6e t•ntiUed. al iLc uptiun. tu rammence. :�pprur in and prc.:�rute in iLY
<br /> � uwn ntunc uny action ur pruccrdin�;. ur tu mnke �iny r�rtnprumisc or scl4rmrnt in cuum•r.lion with such tnkin� ur Jamagc. All surh
<br /> �� � compenwlion. �wards. dam��;cs. right of ❑ction and prorrivi� :vr hi•r�•hy as.signed lu th�� �t ��rt�;uy;co. �.}�ir mny. ;dtrr drdurting
<br /> � hemfrom i�ll its exPenses. rclens�� any monrya sn rei�rived Ly il ur apply Ihr sartu• un :u�l' inJobledni�ss srcured hrmby. 'I�h�� �1nrl-
<br /> gugo� aKrreti to rxecute such further nssignmrn4ti uf �wy c���mp��ns�diun. ��w:�rd.. dum:i;;��s. tuid ri�hls n( :�rtion nnd prar�•rd. ;�s Ihe
<br /> 6lortgn�;ee mtiy require.
<br /> , 'Chat in cu+c uf (nilure t�� prr(urm itny u( Ilie cuw�nanls ho:cin, thr \IortRa{;r�� may dn nn th�� 11 ��r� �;apur's bc•h+�lf ecrn•Ihing .
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<br /> +n covennnG�d; lh�it the n1urLgugre mny alsu dn rmy art il may Jeem nrcrss:iry tu prulecl � hr li��n lhrreuf: � I��it Ihe .'Nnrtgagnr will
<br /> ?: repe�y upnn drmnnd any monrYs pnid ar dishunrd hy t6r blort�:ngec fur nm• uf Ih�• abner purpu.r.. :ind such mum�y. lug��ther wifh
<br /> intetest lhemon al Ihe rale provided in said no�e shall Lrcume en much ndditiuual indobti•dnrss Li•n�by .rrurod �nd m:ry M• in-
<br /> . cluded in uny decme foredoninl: thiti murlgngr and be paid uut uF Ihe n•n4s ur prucerds o( snle uf said prrrnis�•s if not uth�•rwisr
<br /> paid: thnt it Fhall nut be obli�;nlury upnn thr klorttiagc�• tu inquim intn thr � nlidily n[ un� lion, cncumLrancrs. ur i•I;�im in ad-
<br /> vancing moneys as aboee nul6orizeel. Lut nuthing h�• roin cnnluined shall t.• cunstrued us nvpiiring thr �1nrl �;ngrr� tu :�dvnnc�• :u�y
<br /> moncys (or nny such purpnso nur lu dn emy xct licre•undrr: and Ihat Sinrl�;:igri� sha�ll nul inrur :� nv p��r�unul liubili�y bvr:wsr u( f�ny-
<br /> thing it m+iy dn ur nmil lu du h��rvundi�r.
<br /> � In l6c i�vent u( �hr default Ly hlurLgugnr in lh�• paVmrul of nn}' inshdlmrnt . a: rrquired by thr N� ��r srrurrd hrrrLy. nr
<br /> in lhe per(urmonee uf ihr o61i�;aitinn in this mortgage or in thr noli� ��cured themb}', thr \lnrlg;�tiec shall b�• �•ntitle•d t� � d�•clan• � h�� .
<br /> � dcbt srcurrd horcby dm� +md pnyn6le withuut noticc. and thr Alc�rtgn�;re shnll L�• rntitli•d at ih nptinn. withuul nuti<�r. ��ifLer by itwdf i . .
<br /> nr by a� rrccivcr tu fx appuinled 6y lh�� court lhrre•uf. and wilhuut n•�:vd in tLc :idiK�uaey uf ;�ny �rcuril>• fur tho indr6G•dncvs !a•- - . � . :F, ";�j� '
<br /> cured hereby. tu enter upon and lxke pnssessiun uf U�r morf�;uged premisvc, �uid tu cullrct and rrc��iv�• thr r,�ni.. is.:w,. :md prulits � �y �:�.
<br /> tliereuf. �md upply the samo. less awts o[ uperation und aillection. uP��u Ih�• ind��bt��dm�4. n�•cumd Ly thi.4 murt �;ag�•: snid rrnl�, Y -
<br /> � issues fmd profiLv fx�inK hereby ttvvigned to the \1url�;ntii��� ;�� furlhcr .rourily (nr (ht� pnvment uf nll indrhfrdn�•s. <�run•d hemby. � . .
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<br /> �Chi+ blorlgagiKr nhull huvc lhe puwrr to uppolnt uny ngenl ur a�;ents il map dr.irr fnr tLr purP� �.•�• id rrp;iiring said pmm � � � . �
<br />�_� . ises: rcnting lhe samr: collee•IinR the rents. revrnui•s nnd incume, and il mny p.iy oul o( snid inc�umr �JI � �s � �on.r, incurnYl in r��n� - �
<br />�i � ing nnd mant��;inq ihi• �ame .md uf cull�•efint, U:r ren�alx Ihi�ndrurn. �(�hi� Lalance rem:uninti. i ! anc . �h;dl b�• applii•d luward ILn _..
<br /> rt��,�, diu•hnrge n( ihu mu��gn�;r indrbf�•Jn��cv. 7'his r�s.ignmcnt i: In Irrminelr nnd Iwrnmr null and cuid upnn n•I��u.r � d Ihin m� �rh: ���r.
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