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<br />� � MORTGAGORS MAY MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT �UE DATE. SUCH PREPAYMENT SHALL BE
<br /> APPLIEQ TD INS7ALLMEfVTS LAST TO ESECOME DUE UNDER THIS MORTGAGE. PROVIDED THE UNDERSIGNED ARE NOT IN DEFAULT
<br /> AND ARE THEN THE OWNERS Of THE MORTGAGED PROPERTY, UPON REQUEST OF THE UNDERSIGNED, OR EITHER OF THEM,
<br /> PAYEE AGREES TO FURNISH TO THE UNDERSIGNED 100% OF SUCH PRINC�PAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO•
<br /> HI9ITED BY THE REGULATIONS OF CNARTCRING AND SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCH ADVANCEMENTS
<br /> SHALL BE SECURED BY TNIS MORTGAGE IN THE SAME MANNER ANU EFfECT AS IF N� PREPAYMENTS HpD BEEN MADE.
<br /> � TH� MORTCAGOR rURTHIsR COVrNANTS AND ACRI:ES :
<br /> . 'Plu�t lhe Mort�;ugur will pay the indi�6tedness ns hi�reinbefore pruvided.
<br /> Thet lhe Murlgatinr is the o�vner nf said proprrly in fee simple imd huH goud ri�;ld :uul lnw(ul :mUu�rit�' tn srll nnd
<br /> � convey t}��. s,�me and ih:�t the same is (rer and cle:v u( �iny lien or encumbranre; and ihat 11��r1g.�4nr u•ill �carrant and d�drnd thi�
<br /> � fitle to v�id premises agnirut the cluime oE +dl persunti whomsnew�e � �
<br /> � Tn� pay immrdiafcdy �eLrn due nnd pnyable nll genrral Inzes. specinl �nxes. spcci;+i av�essnn•nts. waler �•h.irges, si�w��r serv- �
<br /> � itt� charges. nnd nthr.r tnxi�s and chnrgra against said proper�v, and all taxrs Ir��ird nn the� drbt secun•d liereby. and to (urnish ihe .
<br /> � Afortgaqee. upon request, with the nriginal nr duplicafr rvreipts thi�refne "Che M11ortFay;ur �igra�ey lhat. f.hcre sliall be addrd In
<br /> Fach monthly p�ymenf required hereunder nr uuder Ihr evidimce ot drbt secured hen•by m� xmount e;timated by the D9ortg.�ger. �
<br /> �. to bn sutficient to enHble ihr �1nrt„agee tn pn}�. ;�5 theV 6ecnme duu. all taacs. acsessmrnis. nnd similar charges upnn the prem�
<br /> i.trs subject tl�eretn: any drficirncl' berausr o( ihi• insuflicirucy ot such .�dditional pagmenls cLull hr furlhwith drpusiied hr Ihr
<br /> � lfortgagor wiLh thr �9nrt�;atire upun drmand h)' t6�� Afurlgagee. Any defauli under thia pnragreiph shnll Mr d�•rmed i� de(ault in
<br /> � paymett�l of taxes, asai�semrnts, or similar char�:rs reyuirrd hrrrundor.
<br /> �� 'Cl�e hfo�lgi�gnr aKrees thnt th��n� .hall nlso bi� ;addod tu v,�ch manlhly pnymrnt uf prinrip�l and int ��re;f mquired hrrr. .
<br /> . undrr Hn nmount eslima���d bq thr �lorttiagee tu h�� tiu8iciont lu rnabl�• thr �lorltia�;ee to p:�r. a. it hrcumr. du�•. Ih�• insurunce
<br /> � premium on any insurance policy drlivrred tn thr AI„rtgagee Any deficiency hrcwse nf lhr in=ufSicirncy uf such addilional pay'
<br /> . ments shull b�� fortLwitl� dr�;asili�d by th�• A4urtKa�;ur �ci � h thr A]urtgagrr� upon drmi�d Irv th�r Vlortga�;rr. :� ny dr(ault und�r this
<br /> # � p�ar:�graph shnit Ix• duemed a de[ault in tlie pa�vnrnt ut in.urance promiums. If lhr �xdicp or pulicies dupusited arr such ss home-
<br /> � � owners or all risk I�Iicies. and thc d<�pusi�s are in,utficient io p:rv thr ��n� in• pnmiinm, ih�� I�dnrteagre mnp npply thr d��posit in
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<br /> ' p:�y premiums mi risks roquirrd lu he insurrd by this mnrtxa�;r:
<br /> .. PtiymrnLs made by the ntort�ngor wid��r thr abuc�� pnrngraphs mnp. al lh�� oyti��n uf lhe Alurt�;ngeu, hr ludd bg it and
<br /> � rnmminKled H•ith olher such funds or ils nx�n funds (or thr p�rym���rt n( surh itrms. ;md until so ap�rlicd. such p;�ymi•nts nr�• h�•rrb��
<br /> p � pI�rIF�Y1 as srcuri6q (or fhe unpuld balance nC � h�• mnngz��;e indrb�edness_ .
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<br /> �:� � � 'Po prvxure. deli�•�•r lu. and muint�iin for the Lem•fii n[ thr !11orl�;rigre durin�; thr lifr �,f thi.� moriga�;e orit;inal pulicirs and �
<br /> ' ranewnls thereK�(. deliverrd at leant ten dnys I�fnre thr• i�xpiratiun uf any such pulicies. insurin;; .�gainst tire and other insur.�hle
<br /> ` �� hazncds. cacwdties. nnd contingrncia�s as the 11ortE��:re may n•quirr, in :m amount equal to the indebtedness serured h}� this
<br /> � Dturlgaqe. nnd in a�mpanies .�cceptable to Ihi• \lnrlgagee. with loss payatde claus�• in fa�•or uf and in form ncceptubie lu Ihe \turtga-
<br /> � g�Y+. In the event any pulicy is not n•new��ri un or brforr ton dnys of it, espiratinn. thr \turltiager may prorun• in�urUnn� nn tf:c .
<br /> impr�rvements. pay the pn•mium therrfnr. and such sum sluill bec:�m�• immedinfrir dw� nnd p;i�'��Ule with interrst nt ihr rati� set
<br /> �. (orth in said notc uulil paid nnd shall {K• n��eured 6�� thi.: murtRagr. P.�ilurc on thr pan o( ih�� �tnr�ga^or tu furni.h �uch rrnew;d� � .
<br /> '� ❑s are herein n�c�uired or fe+iture lu pay nny surns adc�incrd hrreundrr ;hnll. at th�• nptinn o( tho �fnrt�;aiFer. cunstitutr u drfaull -
<br /> undrs thr terms u( thi, n,�,rtgn�r. 'I'hr drlie�•ry nf xurh pnlirii•s .Shail . in Ih�� rvrnt n( d��f�uilt . runs( ituh� ��n a��i�;nm�mt nf thr nn�
<br /> �, eam��J premium. .
<br /> �. Any sums receivrJ by the Alurigugce by rrnsnn ot I��c> nr dmm�gr insured ��gainst mat• be miaim•ii 6y Ihe DlnrlxaKre
<br /> :md -spplird tnwanl thi� pnyment af th�• Jebt hereb�• �ecurrd. nr, tit th�� up�ion o( thc 11nrl4ngr��. such cums �•ithrr whollv ur in
<br /> purt mn�• bc paid on�r to thr• �lurigngur tu Ix� utird tu r��pair such ImildinRs ur to builrl nvH� buildinqa in Ihoir plarr ur for any
<br /> �. nihr� pu�P��h�• ��r objrct. r.:wlisfac[un� tu the �Inrt�ngi��� �vithuut �Jircfing � he lie.n un the morlgal:�` for Ihr (ull arnount srcured lierr-
<br /> '; . hy b��furc ruch ��x7mrnt i��wr taik place.
<br /> 'Co prurnpUy rep�ir. resfore ur rcbuild any Luildink� or imprueemrnls now ur hrn•nfirr un tht• prvmises w�hich mny be�
<br /> - come dnmagrd or di�.titroy�sl: tu keep said premivea in k�� �d cunditiun and rupriir and fre�� (rum :mr mech:inic's li��n or olhrr lien or
<br /> �� clairn u( lien nnt rxpn•svly sulwrdinnti•d tu Ihe livn hrrruf: nut to aufTer ��r p�•nnit uny� unlawful u,e nf nr any nuisance to rxiat on
<br /> f � , snid prupi�rty nnr to p��rtnil ;vaili� on said premises. nor ln du �iny nther act whrrrLy thi� pruperly hrreby conveyed shall IH�come� .
<br /> y � les� valuable, nur tu diminich ur impair its valu�• by any act ia omissinn tu act : �n eomplc with all rrquirrments nf la�+' �silh rr+peet
<br /> . tn lhe mortgag�Kl premiscs ;md thi• us-e lhrr��nf. -
<br /> �. 'I'haf shuuld lhe prranises or aqv p;vt therru( IH• t :�ken or d��mugcvl by n+:�sun o( .vi�� pu6lic improvemrnt or cundr•mnntion
<br /> t'. . proceeding. ur under lhc• right uf ��mim�nl de�mnin, ur in nny ulher manner. thr \inrt „ageu shall ho entitlevl to all cumpensetions,
<br /> . nwards. nnd .iny othrr paymrnl ur reli�•f � h�•rrtur. and .vh:dl be enli� lyd. ol it, uptinn. tu commence, nppear in �md pr�nitiute in ils
<br /> oN•n mm�r any actiun or pnxe�•ding. ur lo make uny cnmprumise or settlemi•nt ui ronm•ctiun a�ith nuch �:ikin� ur dam.��;e. All such
<br /> rnmpensation. nwards. damvges. ri{;ht n[ action and pnxriYls nr�• hrrrby n�;i�;nrd �u th�• Aturtt;a�;ee, who rnay. ;dter dedurling
<br /> tharefmm nll its expcnses, rrlease any mnneys su rrc��iv�•d hy it ur apply th�� wme un any ind�•bt�•dnec; ,ecun•d h�•mbv. 'I'hr �tort-
<br /> ��gor ugrniw to exctivtr ,ucli (urlhi�r a.signmentx of ainy rnmpi�n�ntiun. awaird�, rl��ma�rs. and ri4hts of actiun :md Procr�•ds a. fhe
<br /> D1orl{;aRre may require.
<br /> 'I�hat in cave o( (ailure to per(nrtn any n( thi• ruccnanls hrrc�in, thi• Dlurtgagec tnn�V dn un � h�� 11orl�;at;oi s Lch;d( cven'thing
<br /> cn arvenantrd: lh�t t6e M1turt�;ugee may ;dso dn any act it may drrm nvcr..ary lu prutrct thr lirn thi�rruf: tkmt Uic \lortga�or will
<br /> �' repny upon demand unY muneys pxid ur disbu�ed by the Murtgn�;rc (or �iny uf ihi• aLuve purpusv�. tmrl �u<•h man�•ys mgrther wit.h
<br /> � interest thereon at lhc� rate pru�•id�•d in v+id nute nhull bea�mr nu much additiunal indebt�•dne5s hrn•hv sri�ured and mav Ir� im
<br /> rluded in uny decrce foreclosinK (l�is murlFage and he paid out nf Ihe n•nts or procerds uf salc of said premivs i( nnt olhenvisc
<br /> puid: lhat it shall not Ix• oblignlory upun thr Murtga�;ee to inquire into th�� validity nf :�ny lirn. encumt>ranc.i�s. ur claim in ad-
<br /> "r v�ncing moneys as abuve :mthnrizrd, but nuthin� hrrein cunt�iin��d shal) Iw• cunstrued u, rtK�uiring tix• '1lortgn�;re to ndvanre am
<br /> ,; moneys for any such purFu�ve nor tu du xr�y :�ct h�•reundrr, and Ih:+l 11nrt�;agev ahall nert incur nny� p�•rtinnal liabilit�• brc.�u�r ni r�ny'
<br /> ihin4 it mny do ur umit lu do hrreundrr.
<br /> In th�� ea�•nt of thi• dc(aull hy Alnrtgugor in thr paym��nt uC any in�udlrmatt , an r��quirrd by tho Nulr sreumd herrbv. or
<br /> in lhe �x•rfnrnvma• u( the ubiign[ion in Ihis mortgage nr in the nute u�cumd there6y. the \9ortgag��e sh;ili Le enlitled t�� drelarr thr
<br /> � drfit ser.ured herrby du�• imd puyablr wilhuut notin•. nnd Q�r \t�,rtgng�•e shull hu �•ntitlr�d at ils option, �eithuut nulice. eith�,r by ils�lf 1
<br /> ur by ri receivrr ln br appuintiKl by lhr courl thercuf, and wiihuut rr�:ard In �he :id�K� uncy uf aoy srcurily� fur thv indrblednes, �•- ' '. .r:,: *�.
<br /> curesl hereby. tu enl��r upon and take possesxiun o( the morlgu�;ed pmmne,. and tu cnlirct nnd n•a�ici• �he renis. i�,u��s nnd profits : . .N a
<br /> thrrroL nnd apply the camt letis a�sls oI operation nnd cnlleclion. upnn Ihi• indeLl�•dness v=rurrd b� thi. murt�a�;r. .:�id renlc, } -
<br /> Licsui� and profiG� Ix•ing I�rnM nti�i4ned lu the D4nrt��Ree ae furih��r srcurilc fur thc� pa� ment �,f nll indrLl � dnes� .�•runYl hen•by 0.
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<br /> 'Phe Ylorfbag�r shall ht�ve the poa�er fn nppoint unp ngcnt i�r n;;��nl< il ma�� d��.in• [ur thr• purp��.o ol' rrpairint; si�d prrm- h �
<br /> ims; ttnting Ihv sxme: n>IL�•ting lhc renfs. revrnue; nnd incnm�•, and it may pay �,ut o( siid inc��,nm :J! �•� p�•ns�•s mi�urri, l in rrnt- �. ,� .
<br /> ing and mnna�;in{; the sam�� iind u( coll�•cting lhc rrnlals thrrrfrnm. Tho I�alancr mmaining. if nnc. �h;�ll I�v ;ipphrd tuwnrd iho
<br />'� disi�harge of ih�• murt�n�;�• indrbh•dni�<c. 'I'hiic nssignmrnl is tu ��•rminnir ;�nd iw•rnrm• null :uul •:��id iq„ �n r.lra��• of thi� mi �rt4n�;i•. -: .
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