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<br /> '1'}I� MO1tTGAGOR FUR'PFII:R COVIsNAN9:S AND AGR13L8:
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<br /> . :i - . . . 1'hut the M6rlgng��r will pf�y lhe indelrti�dness us tiereinhefnre pre�vided.� . . .
<br /> � � � ' � � . . •19iut � the :Morlgagor is the owner of enid prnperty in [ce sitnple ❑nd hati gurxl ril;ht tmd I�iw(ul �ulhnriq' lu sel! and .
<br /> convey the -anme tind thnl lhe �aame is [ree�3md clenr n( nny licn or encumbrence; �ind fhxt Mortga�;or will wnrranL and defrnd .ihe
<br /> . j . . . tiUt• to �eaid premities ugainst the claims of t�ll persons wltomsoev�r � . �
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<br /> 3 � � �. � 7'�i pay immediutely when due nnd payable all genend tnxo+. Epecitil tuxeti, specixl assrsimenls, wate�r ch+�r�;ee. n��wer scrv- �.
<br /> iCe d�arges, unrl otlter tnxes und chnrges agninst anid pruperty. nnd all texes le��ied on thi: debt sic�red hrreby. and to furmsh tlie . .
<br /> � � 113ortgngee,. �uExm rec{uest, ,with . lhr, originul or duplictde recei��ts there[or. '1'he 11Tortgagor �greex tht�t Ihvre shnll br ndded to ,
<br /> � � ench monlhly payment required hr.rcunder or uudcx the evidence uf debt secured herrby nn nmaunt estimnted by ihr Morttiager
<br /> � i � to he -suflicient. tn enn6le � the Morlgu�ee to pu}', as they bec<�me duc, all taxen. :�ssessments. �nd similnr charges upon �he� pretm . . .
<br /> :i . � . . � ises subject tl�ereto; uny de+ficienry beceuse �o[ thr. insulliciency n( such addi�ionnl paymenl� shall be fnrthivdh drposited by thr . . . . .
<br /> ..,:. i � Murigagor witL lhe blortgagee upon demund hy th�• A4orlgagec. Any defiwlt undi•r thi5 p:rtagrliph 4VIf1II I�P IIPCfItI'II A �IP(:IUI� in . .
<br /> �.�a .� . I�a>'menl ��f ltixc:, � .issresmenfs, ur cimilar chnrges required hereundre . ., . .
<br /> ' . � � 7'hi� Mdrlgagnr .igrri�s thnt there shall :dsn hr added lo e;�c6 mnuthly pnymetd of Prmcipal and mfomst rrqwred hr,re- .
<br /> ' S � und��r :in umount eclimat�td by �hr h'lurtg�e;:ce to be sul�icient fu enrtblr thr riurtgatier tu pay. as il brcome. dur. Ihr msurancn
<br /> pmmimn nn anY insuraner polirp d�•liverrd tu th�• �turfga�;i�e. Any drliciency borauso nf ih�• iusu(fici��ncy nf .uch .�ddiliunal p�ry� . ..
<br /> �. ment� ahall be torthwith depnsili�d Iry thi� \torlgugor wilh fhu ptorl�;a�;ee uP�>�� drnwnd hy Ihr ;�1ort�a„er. AnY default undc•r this � .
<br /> :' pr�rutiraph el�aill be di�rmrd a deGndt in thi� P,�}'m�•nt uf insurana� pnanmms. If thr pnlir>� ur pulicirs depu,il��d arr ,urh us limn��- . . .
<br /> �; ownerx ur all rink pulie.ie�c. :ind Ihr depu�i�s �vr innul(icient tn p.iy lhr eNin• prvmiurn. Ihr Alur�7;a};ee m,i}� ��pply Ihe depn+it to : .
<br /> �;: j . p+�Y Premiums on risky myuired tn bi� insurrd Ly Wis morlRage � . � .
<br /> . 1 .. Pu} ments mnde hy thr Mnrtg��Rnr undrr the abu��c parngr.�phti m��'. �il Uu� „plinn u( Ihi� Mort�;ng�•r. br hvld by il and . . �
<br /> . �. .; � commin�:lyd witli nther such tuuds nr iis n.vn fund= iur �hr p:iy�nent nf �uch �temc, und until su ��p��Iird. .uch p��vm� nts :ue her��h}� .. .
<br /> � �'�i� pl�vlged ttti vecn�i�y fur th�• unpaid b:dunce of Ihe mort�a{�c indebfi'dnrss. . . ,
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<br /> `- ;y 'Pu prncure. drhver tu, and maminin for flu• brnefit of th�• !l9ortt:a�;ce durinti 1L•i� lifi� of thiv murt�a�;e ori;;inail puh�io� and .
<br /> rcnewals then�f, deliruu�d at least �en Ja�� s befure lhc oxpiration ut �ny �uch pohcics, msuring aRain+t (irn .md nthcr insur�hL�
<br /> ��� � . hazards, cativalties. nnd ennlin�;��ncies xc Uu• �1urtR�gee mnv n. ywre. in an amuunt equal to tha ind�•btcdness secur��d by Ihis � �
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<br /> ; .j Murtgagi�, nnd in cump+�ni�•s acceplabli• �u tlie hlorlgu�;ee, Hith lo,s ptrvable clfm.,e m (avur uf uud m (orm ic �epL•ible to ihr �4ort�;a-
<br /> � gec. In ihc event tiny puhey i, no! renrwi•d un ur hefum len dnys u( ils expirahon. � he Mnr�Ra�;er may Prucure iusurmcr nn the . . .
<br /> '..�� , � impr�rvemenl5. p.iy fl�e prrmium thorc[ur, ami such sum sLall bec;nne immediatrly due and payable witl� inlerest td lh�• rate sr�l . . �
<br /> �� - � � (orlh in said note un�il p:iirl and nhnll b�� s��eured by this mort�;at;r Pailum on the part o( ih�� Dlurtg:3gur lu lurni,l� such rrne�vi�ls .
<br /> �-, { . aa urr hvrein nK�uired ur (iiilurr to pay any �ums nde.mcrd herrunder shnll. at ihe nption uf t6o M��rt�::ipr�•. ann,litute +a d��(ault � � . .
<br /> � undcr the lcnns nf � his mnrign�;e. 'i'he drliverv n( ynch pulicn•s 5hall. m t6r r� rnt of drf�wN , ivm+tituto an n.,i4nmrnt nf fh�• un- .
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<br /> rarned prc�mium. . _ _
<br /> ' .� Anv numn nruiwYl by th� nlnrlgagrr 6y n•uson ut luss ur damaqe insurrd riR�inst may Lc rof:iinrd by fhe V]orlgra�;re � .
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<br /> :_ i nnd applied luwttrd the pnymenl u( lhe d��bl hrrrha sectucd. ur. at Ihi• op�iun of Ihr 1�lorl�agee. sut•h su�r�s ��ilher whullr or in
<br /> ._:�. 1 part ma>• be paiJ uver tu the nSnrt �aRur lu b�• �srJ ln n•puir such buildings or to build new buildin�s in Iheir place ur (nr :mc .
<br /> ,: : i nlhi�r Purpa+c or object. antisfactnrv tu Ihe \1ar�Ragre �� ilhuul .Jfeclin�: Ihi� lien un Ih�� mnrit;��ge tor thr full imwunt serurrrl h�•r�•. . . ' .
<br /> � . . , bv he(ure such Dtiy�mcnl evi•r �nuk pinci�. � � .
<br /> � 'Po prumPtly n•pair. n•stun• ur n•Iruild any buildinKs or impruvwnrntti nuw nr hi• rr�ih�•r un Ihi� pr��nu;rs which nwp br. '. .
<br /> rumr duma�;ed ur di:.troy�Kl: ln keep said prcmises iu �;�N�d cundiliun i�nd repoir eind frci� (rom any m<�ch��nic'. lu•n ur uth��r lien nr
<br /> i: .� i clnim u[ li��n nut rxPre�..lq su6ordinafed tu thr li�•n hemo(: nut tu ;ufti�r ur prm�il any wilnwful usr n( ur :uic nuiv�na• tu ��si.f un � . .
<br /> �: � i tiaid prop�•riy nur lu prr�nit �caste un said pn�mise,, nnr 1�� do any other acl �chemby 16i� pruporty h��reLy rom��•ce<I shiJl 6i�eurn�• .
<br /> 1�•ss valuaLl�. nur lu diminirh or irnpair its ralur 6y ;my :u•t ur nmi.v.inn in acC tn rornply ���ith �ill rrquir�•m�•nt< uf la�c with rr•.pi�ci . .,
<br /> tn the murt���ged premi�es and � hr use IhrruoL . . ..
<br /> 7'hiit sLould Uir premisrs nr an)• p:�rt. ih�•rro( 6r tak��n nr darnatied b}� n•asoti of ;nry Public impruvvmrN ur cnndrmmiiiun �
<br /> � procefvlin�;. nr under the rigld u( eminenl dum�iin . ��r in xny other manner. th�� illur�tiag��e shull Li• �•nti� led iu all cumpenwfiuns. . .
<br /> pwurds, nnd any other pay�nrnt or relie( thorr[ur. and �hall be entitled. at its uptiun. to cumm��nee. app��:�r iu and pro:ecrule in ils � � . . .
<br /> uwn n�vnc :ml' llctiun or pron•i•din�. ur tu m+�kr any comprnmis�� or ee� Nrmrnt in connrcliun wilh =uch laking ur JaniaR". .111 such . � . �
<br /> cnrnpenwlion. uwardt. damn�;i•s, ri;:ht uf uctinn and prurecda nrv� hrre�by a.ci;;n�•d tu thr \�lurt�ay��•�•. who ma}�. aller drductina . . . :
<br /> tlierelrum idl ils eapi�nsrs. rclrasr :�ny mun�•Ys su recn`ivrd by it ur apph' fhe s:nni• un am' ittdrblydm•s� �ccurrd hrrcht'. '1'ht� \lnrt - � .
<br /> �;agur atiree. to rxeculr such fur� 6rr ax.it;nm�•nts n( nny cu�npena:dinn. aw�u�ds, dnma;;o,. and ri;; hts u( ar� iun :md prrcivKls :is Ihr � .
<br /> ` \lurlgu;:ri• nuiy rrquirr. . .
<br /> '1'h�rt in case o[ (uilurc to p�•rform :my o( lhe tt�vcueuds hercin, lhc blorlgnRec may do ott the \inrtgagor's txhnif every- .
<br /> lhing so covenanted; lhal the Mort�;agee m[�y also do any act it muy dt�c+[n neceassry lo prolect lhe lien Iherco[; that the D1ort- �
<br /> �;�gor will repuy upon demand imy moneyx paid or disbursed by the ?�tortqugee tor any of the nbo��e purpo.-v�s, und sucF moneys .
<br /> together wilh interest lhereon ut the rnle provided in s:iid no[e shnil bcrome so much uddilional indebt��ciness hereby secured and �
<br /> � maY be include.i in uny decree [oreclusiny lLis mortt;age nnd be puid out of the rents ur proce�.�cls ut enle nf saiJ premises if nol �
<br /> � ntherwiu+ paid: and lhnt D4ort�;��g�Y• Nhnli nn� incur uny persunnl linbility Lec:�us�� o[ anYthin�; it may dn or omit to do hrreunder.
<br /> � [n thc event uf Uie� d��fault b�� �turlpagur in t6e pa}'mvnl of �inr installmcnL +is required by fhi• Nul�� �erured hcrr6��. ur
<br /> , in lhe pedormuna� u( lhe ublitiution in lhis mort�;a�ge or in ihe nol�• srcured th��reby. ILe \lorly;ugoe thall Lr ��ntified tu drelnr�� Ihr .
<br /> de6t secured hi•reb�• due nnd payable wilhuul nulice, nnd lhe ;�Inrl�;ngee shull he rntitl��d at its nption. withnnt nalicr, rilher 6y itsc•If
<br /> ur by :s receivrr lo lK uppuintcd Ly ihe court lh��n•uf. tmd without rr�;urd lu Ih�• ad�•quacV ��( .�in' srcurily fnr ihr indebti•dnr,s v�.
<br /> cured hereby. tu enlrr upon .md take pnsses.ciun of Ihe mnrl�;aged promisrs. and ln rullect aud rrreivv Ihr nmL. issurs and prnfits
<br /> � ih��rrnf. nnd :�pply �he smnr. Iess costs uf oprrntinn mtd crillerliun. upnu Ihc indebtodni:.� .ccured by fhis mortg�i�e: said ronts. .
<br /> issurs imd prufi�s Ix�inti he�eb)' nssi�;ned tn thr �ior({�;il;ri� ns (ur� hi�r �rcurity fur Ihe pnym�•ni o( ;�II indrhfrdmsn �rrunrl herrhy.
<br /> � Tt�c ��fur�;;�igee shidl lmvu the power to nppuint nny a{;i�nt ur a�;��nts ii may dc�in• fnr Ihr purpu:c ul rt�p;�iring ;:�id pr�•m- .
<br /> isrs; renting the wme: colleclin�; lhe mnts. rrvenurs find incume, xnd il rnuv P��Y ����t uf umd mcnmr all rxpemi � incurrrd in r�•nb � �
<br /> ing und manuging lF�r aiime and u( cnllecl�ng the rent.ds lherrlrum. '(�h�. 6:ilanc�� rrmainiu�;. d any, shall I�o appli��d tuwurd the ^�rH � . • <t -. ..
<br /> � dixc:hnrge ot ihe mort�;n�;�• ind�•htrdnrsa. 7'his .�ccignmcnt is lu irrmiurda and Iw�cumr null �u�d cuid upnn rolrasr ��f � his mnrt{:nCr. ' + �
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<br /> �� 'Che Murl�ngee muy cullecl n "lalr clinr�;��' nul tu �acei•d Fiv�� (.'�•nt� (5c1 f� �r ��;ich di�lli�r 151 .W) n( rncL I���nI monthh� . � � , � .
<br /> ; p:ipmi�nt murr Ihun 1 .5 dnv� in armnr� tu euri�r Ihr ��xtr:� vxprn.r incnl�od in handling d�•linqm�nl nccuwds. �,
<br /> . :111 pa�'mentw mnde unJer Ihr �rrovieions o� lhis murl�;�i�;e ur Ih�• nu� r h��reby secured. which may be cnnslrw•d nn inlrr�•..t . � . � .- � . ;���
<br /> �: .hull nnt. in lhe n�1�re{;atr over i6r l��rm Iherc�of, rxc��c�d Ihe rdr thnt map nu�c Ix• Li���(ully runfr;�rtrd G�r in ���ritin�. � .
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