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<br /> 76{) 03 '739
<br /> '1'I-TG D10RTGAGOR I�'URTH�R COVPNAN7'6 AND AGRI3PsS:
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<br /> ' :�. . Thnt tlto- Mortgagor will pny the indebtedness �s hereinbetnre provided. . . . . .
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<br /> ; � � . . :. � : 7'haL.thn . Morig�Y�r is thc � o�mer o[ eaid properly in fee simple nntl hus �;nud right :aid liiwful nuthorily tu xe�ll mid .
<br /> convey thc snme und thnt thu sume is free t�nd cicar nf anY lien or encumbramce; �mJ thut Mnrtgegor will wnrnint nnd detond ihr
<br /> � , � title to. said . premises a�ainst the ciuimx oI all persons whomnn��vrc .
<br /> ' , � � � � � . 1b puy immediatclY whi+n due ru�d puYKble all generfll taxes, spucinL tuxex. xprcial �:svssments, w[der churges. �ewr�r serv. . .
<br /> `, � l � ice churges, and other txxea nnd churges ngainst snid property,.. und ntl tuxes levied on the d�•bt �ecurr.d hereby, and tu furnish the .
<br /> , �# � Mortgugee; uFwn� request, with the original or duplicata receipts therefor. The nfortgngor xgrees thnt there shrilt br ndded � lo - . .
<br /> ench munthly p�+yment reryuired he�eunder or under tlie evidr.nce of debt secured hereby an amount estimate<1 bp the Mortgugee
<br /> 'n � : � to he'su�cient to ennblr.. llie Murlqagee to puy, ns. lhey necome due, till laxe:+, assessmentw, and similar charges upon the prenx-
<br /> � . ises subject theretn: any dcficiencY. because of 1he insidGciency nf nuch ndditional paymenl� shall bo forfh�vith depuvited � by thr . .
<br /> i. . : R9ortguqnr with t6c Mnrtgagee upun <lemt�nd I�y lhe Morlgogee. Any d�•fnult under lhiF pnr�Rra��h sh�dl be dermrd a dcfatdl in . . . .
<br /> %: � � � . . � p.rymrtrt nG t.�zi�s, nssexsments. nr similnr churties rrquired . hrreundee � . .
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<br /> ' , j � . � " 'P6e - 114tirtgagor ngrers Uu+� there shtdl idso Le addrd to cach mnnt6ly payment of Princ�ptd and itderest mquired herc-
<br /> . � under �in umount estimnted Ly � thr S'lortgngi•e to be ,u(ficicnl tn enable fhe Morfge�gee lo pay, ati it 6erum<•e dur, thr iruurunce
<br /> . � . � �. prcmium on .my insurunce policy d�livered to lhe 69urlt;a�:i�c. Any deficiency b��eause uf Ihe inndlicienev uf xuch nddiliunal P:iy- . :
<br /> . .j � menix shnli bi• forthwith depo�ited by fhr �9ortgatiur ��•ilh Ihe� blorle.n�;ce upun demtmd by thr I�torl�;ut;re A�ry default undrr this .
<br /> . � , _ . ps�ragraph shnll be deemed a dcfuult in the paymrnL u[ insur.mc� premiums. If lh�� pulicy ur pahurs depuvd�•d are such as hume-
<br /> r ( � � . nwners ur all risk policiea. nnd lhe depovils .ve insu(iicient tu pay thr en� in• pri•mium. the \1orl�,a,:��e mny ❑pply th�� d��pncit tn .
<br /> • ;�;� pny premiums on risl:s required tu 6r insured by this rnor�{;age. �
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<br /> , E Yaymenls made by the Atorigugor undrr lhr ��buee purii�;r+iphs may, at the uptian uf th<� Vlort�:at;��c. bi• held 6y it �mrl �
<br /> .c �7' � cnrnmin�;led wilh ofher sucii (unds ar i�4 uwn (unda for lhe p.iym<ent o( surh ilrms, :�nd until sn applii•d. .urh paym��niti nrr hrreby ,
<br /> �.,�} .. � plydgrd ns securily [ur th�• unpnid balance o( the tnorlg:iRi� indebtrdness. _ �
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<br /> "fo procure, deliver tu, nnd maintain fur f6�� hene(it uf I.hr �IortK�4;<rr during tlir lik• ul this mnrtguge original pulicii�.; and
<br /> �,���i rrncwtils lhere.v�f, dcliv�•red at. lensi ten days betorc thr expiratiun of z�ny such policies, insuring a�ainsf fire und other msur+�hle . .. .
<br /> "? hi+zards, c:Lvuultiev. and contingencies us ih<r htortg.�gce mHy nK�uire. in tm amuwil equal Lu the indehtedness sccumd Ly ihis .
<br /> ; .� '�' Mortgnge. and in cnmpunies ncceplablc to Ihu MortgaKee. with loss pfrvable clnuse in (F��•oc u( and in tonn uccaptable tu the blurll::�- . . . .
<br /> gei•. In lhc event any pulicy is not renewi�d on ur before ten daY4 ��( its crpiration, t6e Mnrl�;;�tiee may prucure insurunce un the � . . .
<br /> . ��1 � improvemenlc, pay the premium tl�cretur. t�nd such sum shall becnme immediutely duo und paya6le �vith interest ��t thr rafe• srt , � .
<br /> ' , � � fortli in said nol�• wdil Piiid :md sh�dl ba +�•cured bv H�is murlgutie I��ailurr on lhe part of lhe lrturtgagor to tumi�h such rm�e«•t�l� . . .
<br /> ne rue herrein required ur t��ilure �o pay nny .utns �dvanced herrunder �,hull. at the oplinn of thi• hturlgn„r��, cnmtitulr n def�ult .. . . .
<br /> � { . � under the temu o( � his murtg:�gr. '1'hr drli�•ery of �urh policirs sh�{II. in the r�•i•nt nf di�fvull. conslilutr an nssi�;nme�nl u( the un- . .
<br /> ,.�,: � rarnrd premium. � , �,
<br /> � .j �. Ang swns receivrd Ly lhr A1nriR+4;�'�+ by reasun u[ Inss nr damage insured :�gainxt may be ndainrd by Ih�� \lnrtga;;ec . .. . . . .
<br /> nnd applied tuH•�ird the paymeid o( �he debl hrrebv .u�cured. or. at lhe nptiun o( the �7ortFagee. such sutnx ��ither whnlly � or in
<br /> . .� � _� pt�rt may bi• puid over tu fhr blurtgugur tn he used tu repair such buildings nr to build ni�w buildingn in their pinen ur (or :my �
<br /> _,j other purpoae nr nbject sa�i�iuctory to Ihe Alorl�:ngre «'tlhoul. alSecting ih�� liru on lhe mnr��;u�;e for thr (u�l ��mount securrrl hrre•-
<br /> �_f by 6e(uri• such Paymcnt ever tnuk placr. . . .
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<br /> � 'I�n prumplly rrp:�iq rc��ure ur rrbuild ;my buildings ur imprv��i•mi�n�s now� ur hrrcaftrr un lhr �irrrmsrs ahich mnr 6��- . .
<br /> � ? rnm�• dt�ma�ed or dcstruy�•d: tn keep s��id premises in ;;nud condilion and reP��i [ .ind lrre Gum rm7 mechanic's Iirn ur other lic�n nr , . . � . .
<br /> clnim u( lien nut exprrxsly subordin:ded lu 16r lie�n h��rruC nul tu sidTer ur p��rmit :my unlawiul usi• u( ur any nuisancc lo rsist nn - � . .
<br /> �� :�� `• s.iid prupurty nor lu pcnnit wast�• nn .:�id pn•misrs. m�r lu du any u( hcr act �+�hcrrby ihr prnperh� hrrcby cunveyrd shnll Ix•comr . . �._ - .
<br /> 1 Ir;s �aduFible. nor tu dimini�L or imp+iir its valur liy tiny a�•t nr umi.,.inn to acl : tn complc �+�iih nll royuirvnuait; nf lau• w�ith m.pecl - � -
<br /> . � I tu the mnrl��i{;ed prernisrs and ihv us�• fLemvC � .
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<br /> '1'hi�l sho�dd the Prrmix�s ur �iny p:�rl thrrcu( Le lnk��n ur damn�ed by renson of :+ny publi�� improvemrnt or rond�•mnafion
<br /> prrKe�Kiin1;. or under ihi� ri�ht uf eminent dnmain, nr in :u�y uther m:umer. lhe �lurltiugee shnil br ��ntiticd to ul ! cumpensations, - � �
<br /> aw��d5. and any other payment ur rrli��f therefnt and shall be entitled. nt its option. to cummence, appi•ar in ;md pr�ne�tute in ita , . �
<br /> ` � � ow•n nnme nny nctinn ar prucrrdin�;. ur tu mtike any c•� �rnpramiso or so� tl��m�•nt in ennnection wilh such talein�; nr dam��t;��. All sueh . � .
<br /> � �: � cornpentiatiun. mv�rds, dsmmgr+. ri�;ht n( ricliun and prumivls nrc hereby atitiigm•d tu the \iort�u�;e�r, who m�q'. :dtor dedurting . .
<br /> thrretmm all iLY expcu5rs. n•lrane nny mom•yn .0 mcei� od b�� it ur apply the snme un any indrbtednes. �ecurrd h��reby. 'I'ILL \furt -
<br /> . . i. F.igo� a�;m�r to �•ze:'ute surh furthrr r�ssi�nmenfs uf an>' vompenvati��n. �neard,. damngrs, :md ri�;hts n( arliun and procerds av Ihr . � � .
<br /> , . j Unrlgu�;oi� mny rcquire. � . � �
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<br /> � 7'hat in casr uf (eilure to petfonn any uf ihe covenanls herein, ll�e Mortqngee may uu on the tilorlgagor's tx•hal( every . � �
<br /> ` � thing so covenanted; that the htortgugee mny ailso do any acl it may deem necexsary to proti�ct thc lien thereo[; that tf�e b4ort• -
<br /> ' � ;agor wil( zepuy upon demand nny moneyx paid or disbursed by the Mortgagec for nny a( lhe uboce purpc�es, und such moneys
<br /> -� Lugelher wilh intcrest lhereon ut the rale provid�d in snid note shnll become so mucii addilionnl indebtcdness hcreby sewmd and . � �
<br /> � : � i muy be included in any decme (orrclosing this morlguge nnd be pnid out o( the renls or proccrds oF snle oi said premises iC not . � �
<br /> ; ; otherwise paid; imd lhnt �iorlgngcK•� �;hnil nut incur nny pervonnl linbilily twcnuse of nnythin� il mny do or omil to da hereundee � � .
<br /> � 3 ( n thc rvenl n( lhe drfaull I�v \lurtg;igor in th�• p�iymrnt uf nny installmrnf. as mquirv�d Irv Ihr Noti• srcured hereby, ar .
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<br /> . in lhe per(ormuncr uf the ubligution in (his rnortgt��;e or in lhe notr ..ecured there6y. lhe \fort�tigm shall 6r aulill��d lo declar�• Ihe . . .
<br /> debt secured hemby du�• amd payable withoul nolice. nnd tlie Morl�;i�gee eh��ll 6e entitkvl at its npfion. wilhuul nutice, either 6y ilsrit
<br /> nr by n receiver to be appninlcd by fhe Co1vt tl�emo(. :md wilhout re�;md �o the adrqu�cy uf a�ro security fnr the indebtednr�vs ��--
<br /> �! curcd hrreby. tu enter upon :md lnkc pussessiun u( lhe murt;;u�ed premises, and tu rull�•ct �md mr��ive th�• reuls. isvu,�c ;ind prufits .
<br /> ihereof. und npply lhe s.ime. lrss cusla nf operntinn and enllec� ion. upun the ind��btedne:;.a tiecurrd b�� thi. murt�at;e; naid renLs, . . .
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<br /> is�w�w und prufiLs t�ein�; hereby nssi�;nrd lo thn A1nrt�;:��;ce av furlher srcurily (or th�• pnymrnt ��( nll in�{i�bt�=Jne�� crr�v�•d hcrrhy. .
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<br /> 7'hr �turl�nFre shall huve Ihc power to nppoinf any ngcnt nr n�;etA� it maY desire for lhi• purP��.•�• ot repairing �id prrm- �
<br /> ises: renling the same: mllecling thc renls, revenues and incunu•. and it m.ro pny uul ;�[ �:�irt inr.um�� all ��xprns�•s incurnd in rent - .
<br /> .. : � ing nnd mnnaging lhi• ��me :md of colleclinK the mntnlu then•(rom. 'I'he balance rrm�iinin�:, i( any. vhall Fr i�pplied luw;ird the ,';y':.� . : ' �, t ' �, �
<br /> di.�:chnrge o( 0he mortl:aRe indebtednesc. 'j'his ascignmrnt ie tu terminnl�� ;md Ix�cnm�• null imd auid upnn relra�r of � his mnrt�����. • 5`,s, ' '
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<br /> � The MarlFngee tn:ty cullecl a "late cha�gr'� nut tu exceed Fici• ('i•nh ( Cic ) for v.�ch dullar ( $ I .W) uf r�irl� tnt:d mnnlhly ' �
<br /> paym��nt morc lhnn I :i d;�yc m arrr:irs to cuvrr ihr ostra r�cprnsp �m��dved in handlint; d��linqw•nt :iccounlv. � � .�-
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<br /> ; All pnymenls mnrSe wider thr provitiiuns uf lhis murtgat;o ur lhe nuli hrreby secured. �rhich mny be cunslnird n. iN<�re+t. f� Z , ' .
<br /> sh;ill nr,t. in the ag�;m�nt� over Ihr ti•rm thi�rrof, rreecd ihr rtrf�• Ihal mny no�c Ix� la���fully i•unlrncled for in wrilin�. �
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