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,� i -. <br />'" ., n .':.m <br /> �a_ � , � <br />;Y <br />� <br /> x <br /> 5� <br />� µ 76- 00340 (1 . <br /> TNE MORTGAGOR FURTHER COVENANTS AND AG.REPS; , , . <br /> 7'h�at lhe Mortgagnr will paY lhe indohtedness ae hereinbefore pravided. , <br /> �_ � Thal lhe Mortgagor � is lhe owner o( aaid proprrly iu fec simple �nd has t:�a1 right and lnwful ru�lhority to srll :md . . <br /> eunvey Ih<� stime nnd tha! the sxme is (ree :�nd cl��ar nf t�ny lien or rnrumhrance: nnd flii�t Murlgagur will wrirriml and didenrl Ihr. <br /> tiQi� to suid - premises ngs�inet . thr �clF�ims of ull persons whomroe.ver. <br /> �. 'Pu paY immedixtcly wHen � duq. xzid pnyahle nll C,eneral t11%l'S. 9�1�'Clll� t8%Cti. ti(1PCI:II t�s:rssmrnts, w:�ler char�;es. aewer sr•rv- <br /> . ice cha�gcs, mid nther laxes and charges ugainst suid propi�rlY , ;ind all tnz��s levied on thi� d�,bt sr��urrd her�•Ly. �nd tu furnish ILi� <br /> � MorlR�Kce, upon �ecqursl: witli � lhe r�ri�{innl � �nr .duj>lic�te remipts tYJt•rr(or. �l�he �1urll:aR�>r a�p'i•e:: lhal iLrr�• sLidl b�i :iddrd la <br /> � �•nr,h mnnthly pnyment rcyuired hcrrunder nr under 16e ��vidrnce <d deLt e.rcured lu�reby :ni :m�ount catimalrrl by Ihi� \tortg:ager <br /> tu ht� sulticienl � to rhnble � the Mt�[tgagec• lo pap , :e: Ihey becom �� duc. idl tt+xes, a�s��s,menls. mid =irnilar charg��s upnn thr prem• <br /> � ises nubjc�ct Uieretu; any d�•licie�tc•y lir-c;ws�� ��f the � in;ufiirirncy � �( +uch nddilinnul pliymenh <hall br forihwifh depir�ilyd by th�� <br /> hlurfgnqor with th�• Atortgugre upuu di•manJ b�� thr Aforl;;;�;;er_ Aiiy d��(auh undi•r tl�ir: �r� r��; r:�p6 ,clr,+ll b�• � le=i��nvd a Jrfranli i❑ <br /> pi�ymenl of Inxes. �s�ersmentc, nr similar t'imrge•s r��i�uired L�•n•undvr. <br /> 'I�h�� I�ludgagor xgrccs Ih�iL thcre s6:�ll :d.o br .idd�•d <<� r.�ch rw��nthll' V��7'����•��t n( prinrip:d and i�itor�:st ri�quircd hc[r.- <br /> �� unJer i�n :nnuunL ��s� un�d�d by thr 11ortG�tkee L�i Lr .idLcu�nt h� �� unhlr th� A1ndRu �rr lu p�ip m if hriuu�rs dur , � h�: insurinrn <br /> premium un an}' ir�. u � .iu.e pulic�' d�•livrrnd to th�� '.iurtgugcc An �' rl�.litu nc)� 6 ��rausc uf Ih�• unu0icirmy nf suvh additional N;�}•- <br /> mm�fs shali t,r forlhwith drpii,ited 6y thc Morl�n�:or wiU� ihc N��rt�'ac�•�� ��P�m drmnnd Lc t6�� 17urtgaf.cr. Auy d��fuull uud��t this <br /> � �ruagr:iph sLall fn• d�-��mod :a �l�•Liult in thr p,r:mm�i nf iusur.uirr prcmiums. If thr p�Ji��c ��r pnlici�•s d�•p��;it��d am �ucL �� as In!mr. <br /> uv:m�n: nr :di ri�k P��licio., rnd thr drpnsits �� rr insuf(uri��nt to �r:ry lhc• rntirr pr��rnium. � L�, nl� uignl:�'�• rn��}� :ipply ILu drpos� 1n <br /> ; � �iay prrmiurns on nsks r�•�piirad In be irs�in•d L�� this rnorl�ACe. <br /> � Paymrnls m:�de Ly th�• 1L�rlRatiur und��r !hr ��Lovv pur.i�;n�phs mny . ut Uir. � qili.m of � L+v A1�nik:�g„r'. l,�� hrlrl hv it und <br /> c� �mmint:icd wilh olh�r surh funds ur ifti mvn (iuid.v fur thr prryment of ;uch ifr�nc. nnd until so sppli��d. vuch pa��m�•nlr arr 6�•rrbr <br /> pl�Klgrd t+��� .tiecurity (or lhr wip.�id b.il�ince � d tL�� rnnrty�p'r inde•hlednrss. <br /> - 9'n procun•. dalieor �u. and niaintain (nr tho i�om•tit u( Ihe= :Afn� tt;:U:rr• riurin�; Ih�� lifr nf thi� mnrtq:ige uriKin�31 p��hri�:, and <br /> rrnewals thercK>(, deliverr�d at Lv�l lrn d:+}'s fw�(nrr thi� ��� pirutiun uf :� ny siich p��licir�;. inwriug ❑„:�fn5t tirr anJ nth��r ir.>ural;le <br /> L:iz:irds, canualties. nnd contingencies nN the ltortK�U'�•�' m:rv myuire, in an � nrnount ryval to thc indrbtednrss Sl'fUf(KI I)�' [{1l9 <br /> ' M1[ortgnge. und ir, evrty�anies a�rup�;�Llr t� � lhr Alurtt;:�g�'e. wit. L lrr.� ��.�yabie rt�use in (avur uf �iud in fonn ai�crpl:Wbh� lo the \lorq:;�- <br /> 6ee In lhe evNn[ nny pulicy i> nut ronraivi ou i �r b��(nrr �en da��.a uf il.: r•Apir�t�on , the Aturl�a�;ce may �irucure i�uurano� nn ih�• <br /> '' impruv�•tnrnts. Vay the prr��nium lLrrr(nr, anJ .nrh .,um �imll I���rc. ,ni�• inunrdiat�Jy du�• and p;�y':�ble �,.ilh inti•n.st at lho r:i��� ;et � <br /> furth in said nuu� unlil paid and shull br sorum�i by t6u nu �n �ngc. Fuilurc un thc p:irt a: U�u \lurtgagr,r tu [iirnish such n•nr�.vak. <br /> as ure h�•rcin riY�uirrd ur biilun• fn p.+y any� .wns ;ulvanr��d hrr�•undrr .h:�li . at Ihr r��,tiun nf th�� Aturtti.q;�•�. c� �nstitutr F� d��(ault <br /> 1 . undrr the terms n( this nuatJ�ape. �I�I�r di•li�'er;; � d -�.irh P��lirir.; shnll . in : h�: .�crnt ��( drfnult . ��onxtilut�• nn .is.igumrnl ul Nir um <br /> rarnrKl premium. <br /> Anv sum< r��ccirrd L}� tim \1nrl �;.i�;ro L� r��+�,� �n uf Icvv ur � Lmint;�� im�ur��d ag;ainst �n�y I��e rrt:nnk•d h�� th�= 11nr� t;aCei. . <br /> � imd uPplied luward Uir p:q-rnrnt ut LLe d��b� h��r��tn' ���<�urrd. ur. st thi� opliun u( Ih��. !�inrt�-:�ger. tiuoh ;uma i�itlier �ch�;ily ��r in <br /> patt mu, h�• paid uvrr tu thr AlortY.a�;nr lo IN• u=��d tu n•� r�ir surh huildinKs ur t�� build ' �i�.w builJint;s in thcir pin��r n � (r,r any <br /> of}u�r purpose nr uhjuct Witic!qctuq� �n � Lo pinclP �r„ue wilhuut nfToc� inR � he lirn nn lh�: �nnrtRa�+e fnr ifu• (ull amuun[ sorurrd hrn•. <br /> y � by b�dutv sueh payment r��er t�e�k pl;ir��. � <br /> �I�u p�umpUy r��pwir. rr�ture ur mbullJ ;� n�' Lui2dinx; , � r irnpro� rm��nis nn;� � �r h�•n•;il �or on tL�� pn•mi.rs �rLich rn��� bc- <br /> comc damaged ar drstrnyinl, h � kc��p s�iid Prrmin� �s in c� +�rl r� �nditi�,n und m� iair :uul lr� �r tn;tn nrry� mrdr� nic'e !i�� n ur ��Ihrr liwi or <br /> cluim u[ licn n�H ezprrssly sdKirdinul��d tu lhc li��n hrr��nf �. m �t tn sulTrr ��r p� •rmit wr; unLn.�Cul usc �d r•r anv n�tis4mci• �u rxist nn <br /> 'i snid proprrtY nur tn ponnit Hvste �n s�nd pn�misr>, m �r to dn ;wp u� her e��! �shar��Ly thr p� op�•rty 6��rrtry cumrl'vd shall bi�rumc <br /> i <br /> iF�ss vnluable. nur to di�ninish ur i�np:+ir il. valuc b�' :ui)' :act ��r nr.ii,•i � �n tu ai�L ; n rumpl �� �tith ;�II n .quimmrnt , � �( I++w witli r��sp�•ct <br /> r lo the murtgageJ pramie�•s and lhr� use Iherco(. <br /> That shuuld the pretni.�•; ur an�' Parl fli��mnf I.� IaL��n ur d�inwR��d Ly n:�.un uf ;un� pulrl�c irnprnri-mrnt ��r �undemnntion <br /> ;; procueding, or uuder thr ri�;h� uf rmim•n� domain. ur in any uther m:umi•r. tlu• R1 � �rtgagre r:h:�il Lr e•nhUi�d lu :�II cu�npensuliunv, � <br /> F awnrds, and auy uth��r p�ymant ur rrli�.( th��ndur. and i�all bi• entiiled . at ils op( iun, tu r� �mmrnre. npp�•ar in aud pnntcuiu in i�s <br /> own nam�• any uctiun or pnk���eJing. ur lo muko any eomprumis�• ur .rttlenu�nt in r� �nurctiun �eith such t:�king ur dam¢�ge. All such <br /> compenseliun. uwnrds. damages, ritiht uf anion and procr��ls an• h�� reby nssiknr�d to lh�� Mort�;a�ei�. whu m�iy. aRer deducting <br /> lhere(rom ell iLs rxpenxrx, relcase nny moneys su rrceivrd by il ur apply the �atne un cuiy indi�b�odness zrcured hereby. 'I�he \lort• <br /> gagor U6recw lu execv�e such furU�rr nssignmvnts uf any� c�.rcnpens:iliun. nw�rdn, dam;p;r�s, anJ nehts ef ac� iun anrl prua�eJs av the <br /> � hinrlgeK« mnY rryuirc. <br /> t <br /> i <br /> Thnl in case u( f�ilure lu prr(urm any u( lhi• �'u���oc�nl � h�•min. thr �lnrfga�;ri• rn:ny d� � on th�• \iort;;ul;or's Lrh.�l( �•�'«r:( hinf; . <br /> so c�rvrnanfwl ; lhut lhe Alortaage<• mny al,u do anY :u•t it may dei•rn necr=_�ary lo prulect thv li�•n then���f�. thnt Ihe \-lurlgagor �cill _ <br /> rep�y upon drmand nny moneys paid ur di.bursrd by �he \inrlg;q:�•c f� �r uny ��t lh�� ub� �v�• purpn<i.c. arid such mon�•ys tugrtli�•r w� tfi <br /> ��� intercwl theriron at the nde pruvidrd in �id note sh�dl brcum�• .� � much aJditiunul inJrldrdn�•ss hrrrby ���rurrd and mzry br im . <br /> = dudecl in uny d�•crev fur�-closin�; thin murlgage and be paid uuL u ( Um n�ntti ur prun•eds nf sole nf said premis�•ro if nnt utherv+ise = <br /> ' puid: lhul il shnll not bu ubligalory upnn thr 11urtGagee Ln inquin• into th�� ��alidity uf :my lii�n. encumbrancrs. ur cinim in ad� <br /> fvancinK rnoneys tvs ubuve eulhnrized. but nuthing hcrciu conh�ine�! shall Ir.r runnlrucd ns roquirutg 16e 1lurtg:iger. t�� adv;mre mq� <br /> moneys for any such pur�ivne nor tu du any act hereundrr: end lhxl ;11��rtgaKre shtdl ned incur any P�'rsuna� li:�bilily becmis�• u( any' <br /> lhing it muy Jo or umit to du hereunder. <br /> L� the event uf lhe dc(xult by �lurlgagur in th�• ptq'ment u( any instnllmenl . as n•yuirrd by lhr N� �Ic s��currd h�•r��liy. ur <br /> in the p�•r(urmimce o( thr obli�;aliun in Ihis mortgage ��r in Ihe nute xrumd lhrr�•by. lhr A1nrt�;ag�•r ,h:ill h�� ��ntitlyd fu d�v I:u�• thr <br /> debt se,wred hereby duc and poyuLle withnut nuti��c. und Ihe Alvrtgagee shall be entilled al ils uptiun, withuut nutier. eilher hy it:�lf <br /> or by a recriver lo lr� appi,inliYl by thi� cuurt lhemof. and aithoul r�•gord !o the adi�c�uacy o[ any srcurity far thr indebtednes= w�. <br /> � cuted hereby. lo enler upon und u�ke pas4eseiun� <i( the mnrtgagrd prnmi�es, imd to cnlluct and reccive tha rrnts. i=sues and profits <br /> lhereo[. nnd apply the sume. .l��ss cuvls ot o�xaralion mid enllection. u �wn lhe indebt�•dm•sv u•cun•d hy this murtgage: snid n•nts, <br /> f issues nnd p7oRLv f�eing hrreby as�i�;n��d tu lhe �1nrt�sgrr ac fnriher ti�•curily for thc p;i���nrnl of ail indebtedm�s�: si�cured hrrrby. <br /> 9'h�• A2ortga�;�ti• shidl havr ihe powe�r tu nppuint anY �K�•nl nr aR��n�s it may desim fur thr purpo,�• n! rrp.+iring viiJ prrm� ' •�. � . . <br /> iscs; mnling die snme: cullecting lhe mnls, rev�mura vnd income, and it may puy uul o( snid inCume all eaprn4rs inCurrtri �n n•nb � . "�.�. �;�'i• ' <br /> ing und munxging lhe snme and o( culleclin�; thr n•ntnls fherrfrom. The balance rrmuining. i( nn}'. shxll Lr applicd towurd lhe � N '-.", ' <br /> L dischurge uf lhr mortgage indebtednrss. T'his assignm��nt is tu Ierminnlr and fH�cnmr null and vnid u �wn relr+i�• uf ihis mnrltiaRe. �. � <br /> d <br /> R�" � . . . . . . _ __._ _ _ _. _ . . _. . .. . _ . _ . . . . . , �q � . <br /> � <br />� . . <br /> r�� <br /> :AJ+ <br />�:2 <br /> rf ��`� :� I <br />, _�� J <br /> t <br /> . ; <br /> � <br /> � <br />