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<br /> L • .i�"Y
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<br /> 'L'IiP MOft'tGAGOR I�'URT[irR COVENANTS AND AGRF.BS:
<br /> 'Phet ihe Murtgagnr wiil pny (hr indchftrdnexs e� hereinbr(nre P�'���•ided. . �
<br /> 'I'hut thc Mortgngor ic Hic owner of vnirl prupi•rty in fre simple und has �;uod ri�;ht ❑nd lawful aulhority� to sell and �-�
<br /> � �vin�'ey lhr same nnd thnt thc snme is free and cleur nf �uuy lien nr enrumbrnnce: and tLnt Mnrl�;irnr eill «�;irr:mt and defrnd the � .
<br /> liQe to suid premines uRninsl the claimv o( all pernons whomsoev�•c . � _ � . . �
<br /> . 7'rr pny itnmedisdely when due nnd puynhle ull generlll tax��s. spemal iasrs, Spoci:d assrssr.�ents, wnl��r chr�rges, !.ew��r srrv- . � . .
<br /> ice. chargc�, ai�d other tt�xes und charges ugainsb �;airi property, nnd ull lases Ievird on the drbt ercumd Lereby, and io furmtih the . . . .
<br /> 1�4artgagee, upon raryuest, H�ith the original ur duplir.atu reccipts thcrrfoe 'I'Le hfurlgagnr ngrees tl�at thrm ehull tW adiled tn . � � .
<br /> each mont}�IY. pflyment required hereundcr or imdi•r the evide.nc�e of deb[ vrciacd hereby nm m�ounf estim»ted by the Morigagee �
<br /> ���� to 6e su[Iicicnt to cuable thc �"".orlgugee. to pay, us thcy hecomc duc. all fuxes. unsessments. and similur churges upun th�• prenr . .
<br /> � ises subjtmt thereto: an�• deficiency because o[ thr insuQiuicnry ot tiuch atlditionnl pnym�°n�s shall br furthwifh drpnvited by the .
<br /> 1lorlgngor tvi�h � the I�lortgagee upun denun�d � 6�- the '�9ortgngee Any dn(aulf und��r �his pi�ra4raph :,Imll be drrmrd t� dutaull in . . � . . .
<br /> paymunt of t:uces, astiessmen�s. nr tiimilav churges required hereundre � � . - .
<br /> 'I'he \1i�rl�;ngor a�;rees Ihat Ihrrc: zhrdl also be riddrd lu each munthl}• p:iyment nf prineipal nnd intrr�.t rrrpiirrd 6err. .� � . .
<br /> under un nmount estim�icd by thr 1�7nrt;;agec to be su(ticicnt tu enable Ihi• \lorl��igec tn pay. i�5 it hrrom��� dw•, ih�� insurnnre . . .. .
<br /> premium �m rmy insurmiee pohcv drlivrrrd tu thr \lnrll:a;;ee. Anv J�. (icicne)• h��c;m.e ui Ih�• in,utficienci uf such .idditinn�I Pay- . .
<br /> � mentn shall bc• (urthwith drpovi���d by lh�� 11ur��:t�gur �v�th the �inrtt;ngce upun donumd b}' th�• ilort ;;x����. Any �default. undrr thit . � . .
<br /> . pan�graph shall hr drem�•d a dc�fault in ih�� p:tymi�nt of insurantt• prrmiums. ! f lhr pulii•�� ur puhur> d�•i�n.alyd arr .uch .0 6��me� : .
<br /> . nwm�[s or all rirk policies. t�nd lh« �lepusils are in+ulliciont tu pua ihi• entirr pr�•mium. thr� nlorl ,.a„rr nvn' .ipplv lh�� d��posit tn ' .
<br /> pay premiums un riaks requirrd tu b�� insured Lp thi+ morlFa�;e. � . � .
<br /> � T'nvmenL+ mudo by th�� A1urh;at;ur under the e�buvr paragraph. m=�1'. ait Ihv uplinn ot thr Alorlga�;�•e, b�� hrld bc it and � . � . .
<br /> euntmingled with other such fundti nr its mcu fundti tnr thr paymrnt of suel� it�•ms. nnd until so applird. wch p:i5'mrnt. <in• h��reb�� . . . ..
<br /> � i, pleKlgtrl ms security (ur � h�• unpi�id Lalancr nf Ilie murl�a�;�� indeblydnrx>. � . . .
<br /> , 'fu pmcure. duli��er to. and mainl:Wiu (or � hr brnrfit o( Ih�• \lnrtt;:�Fer during tho li(r uf ( his mort �;a�;�• unRmal policu•s nnd . . . .
<br /> rr•neweds ther��r�(. deli�'errJ ul loast lrn days Le[orr ihe <•apirulion ut auy such polici��s. insuring a;;uinsl fire and nthrr msurabie .
<br /> � haz�irds. casualties. tmd cont�n�encirs � us Ihe 6lortgage� tnay rrquir��. in ❑n :miuunt equal lu Ihr indebteelness si•cured by Ihis . .. . .
<br /> �1urtgitge. Fmd in companies ai�reptnble lu the Tlurf�ngec. with In.s pz�y�abli� rlause in fin•or o[ and in (onn acceptaLLe tu Ih�� �forlp;�- . . � .
<br /> gee. In lhe i�vent any palicy is nol rrnr�vrd an nr br(nre irn d�rvs of �ts explratiun. � Fi�� Alnrl�;a�;e�• may Prucurr fnsurnnce un thr . . � . . . .
<br /> � r imProvements. pay Ihse prcmiu�n Ihere(ur, ancl sucli +um shall he.c �me inuuedinlrly dur and p�iyable �� ilh mte.rest. �t lhr rate �rl , . . -
<br /> � � � (orlh in said nule unfil pairl and nhall Le srcured b>• this mnrtb.it;e. ('adutr on lh�� pnr6 0( th�. \torlg�gnr tu hunish such rnn�•wal� . , -
<br /> as nre hervin myuirrd nr f�iilure !u pay :�m sum; ��dvanced hrrrundrr sh��ll. nt thr option of � he A1urh;n„rr. cun,hfiilr .� Jrfault � . . .
<br /> ❑nder thr. terms of ihis mnrtgntie. 'Phr deliv��ry o( such p�diries ,hall, in thr evcnt u( defnult. consli � utr :m ae:,l;;nment o( Ih�• un. . . ,
<br /> � �•.irni•d premium. ': � . . . �
<br /> Anv sums reccivrd by the Aturtga�;re b}• n•asun u( luss ur damagv in+ured iigainsL may br ret:iinerl by the Ainrt;:ui:e�� ' � � , �
<br /> ' ��nd appliecl (oward ;h�• p�+ymenl u[ Ih�� d��ht hi�reby s��cumd. nr. at U�e option n[ �he A1ort�agee. sud� sums elthrr �ehully ur in � . .
<br /> part mac he pnid uver to lhu hlnrtgagor tn be u=ad to mpnir such buildin�;s or tr� build new buildings in thc•ir pl�ce nr fur �my �.. � �
<br /> olher purposc or ubjecl Wli..(ucfnry tu the \lorlaagr< « ithoul afi��etint; thr li��n un lh�• murt4a��• for � hr full aiuuimt .:ecumd hrre- . .
<br /> . by Lr(orr such p:q�ment �•ver tuuk pinee. . . . . .
<br /> - To prumPtly n•p�iir. rrstnn• r,r robuild any bwldin�;� �� r im��rorrmen�s no��' or hen•a((or un the prrmi,;�:= �vhirl� mn}' h��� � . �� � � .
<br /> ' cnmr elnme�Red or destroved: t�� kerp sxid pn•misr; �n �rw�d cundition nnd repair .md trr�� (rr�m anp mrch mic's I�en or ntLrr li��n nr . .
<br /> � cleim uf lirn not ezpre:,ly �ubordin�ated lu thi� h�>n hrreuf: nut tn �utTi�r or p� rmit ;u�y unl.nc(ul iue of ni �my nui�.mce to rxint un . � .
<br /> • s:�id prnperly nnr to pennit was[e uu <aid promi=_�•s, uur h� du :my othe: nrl wliemV��' ihe prnp�•rt}' h��rrLp conveycd �finll 6�•comr .
<br /> � lrss v.du:ible. nnr tn dimini�h ur impair it, v:due Ly nny act nr omixsi��n tn :�cl : tn cnmph' :��ith all r��quinanenis n( I:nv �cith rrspret .
<br /> . tn thr mortRa�cd prcmis�•s and lhe u�c t6rrcuL , � � . � . . �
<br /> . "1'hal .huuld �hr prrmi�us ��r .iny part theu�uf 6�� tnk��n ur Jama�ed 6}� rensun ot am� public imprucemc�nt ur cundi•mnation . . . ..
<br /> � procredin�. ur undor thr rit;hl uf emin�•nt dumain. ur in uuy oiher mannrr. lhr 11urt�:�Y,ec• sh.dl br enlillyd tu ��II compensxliuns, , � - �
<br /> . mvards, �mil any other paymi°nt ur r��li�•f lhrndur. and shaill be entitlyd, at il�v option, tu cnmmence. appes�r in and pru;�r:ule in its �
<br /> - nwn n;une anv .icliou or prucaedinK. ur tu make am• cumprami,e nr si�iU�•nu•nl in innneetiun with sucL Inkin;; nr dama{�e. :\II sueh . .� .
<br /> ' oompensation, awartl,;. dnma;:rs. ri�;hl �d acliun ancl pmco�+ ls nrr hrreby asslrned �u 16v 11nrl �;a�cr. �vhu m:�y. nfti�r drduclin;: .
<br /> � ihi•reGom :ill it i�xPen.es, n•li:ux• an}' nwn��y: su receivrd 6>' il ur :ippl}' Ihe �ame un :�ny ind�•hirdno:v secured hereby. 'I�h�• \lort - . . � .
<br /> �. �ngur n�;rce, tu �•xecuir such furthrr i��si�;nm��nls nf any cnm�nm,ntiun. nwardr, damaers, and ri�:ht, uf arlion :uid pn,c�•��d. n. ihr
<br /> � !�1orl�;rigi•�• may rcyuirr.
<br /> �� 'Chat in case �rf [uilure lo per(orni nny of tiie cocrnnn!s herein, lhe �lort�ugee muy do un the Morlgngor's Mrhnlf every- �
<br /> � �� lhing so cuvenanted; lhut the Slorlgogce may also d�� anY act it mny d�rm necessnrv to protect Ihe lien lhrreof; that thr I�tort-
<br /> gngnr �ti�ill repny upon demand nny moneys paid nr tlisbursed by the Diortgagec for any o( the abuve purpcnes, and euch muneys �
<br /> � together with inlerest lhereon al lhe ratc provided in s:iid note shall become so much additionnl indebtcriness hereby secured aud
<br /> may � includ�K1 in nny decree foreclosing lhis murtgage rmd be pni<1 out of lhe rents or pnxeeds u( sale of sttid premises iC not � �
<br /> � uthi•rwise paid : ond lhat 1inAgagir shnll nol incur any Personni linbility fx•enuse of anythin�; it mny dn nr omi: to do hereundr. c � .
<br /> � In l6i• evrnt of the de(ault by Alurtgiigor in Ih�• pn}'m��ut nf ;my inslnllm�ait. as roquin•d by the \utc sic�ured lirn•I,y. nr . �
<br /> in thr Fmrform��nce of ttu ubliKi�liun in thix mor��;a�;e ur in thi• note �ecurrd thrrehy. lho \turtga�re �hall be enliticd lu dcclare thr
<br /> dr6t secured herrL�• duv und payahle �rilhuut nuticr. aud the \lortgagre ehnll he c•nlitled at its uptiun. «ithuut nutiri�. eithrr bV if�el(
<br /> . nr bV a receiver tu lH� nppuinted by the cuurt thereof. and �cilhout regard to th�� udrqu:icy o[ :mc =i�curif�� (ur thr indehledm�s se'
<br /> lvrcYl herebY. to enter upnu �nd lake pursesaiun u( t}te murttia�cd premici•s. cand tu rnllrct .�nd reeci��r the ronl=, issurs and pmGlx
<br /> � themnf. imd npply tha snrne. leks a>sts n[ operation :md colirction. upnn th�• indebtrdm•s� srrured by Ihfs rnun„ut;i•: .aid n•nts, �
<br /> � i.c�ucs end ProfiLti beint; hrrrLy astii�n�•d tn ihe Slorf�;axre as (nrfhi�r �rrnrit�� f�,r lhr ��ny��nont o( nll indeble�dn���� =��eun+1 herrLp.
<br /> 'I'he 1t<�rlgu�;ee shall have the pu�ei�r tn oppuint uny agent or a�enl� it may desire fur th�� purpiw�� nl mpn� rinK suid prrm- .
<br /> � iu�s: rentinF lha tixme: cullocting fhc rents. rr�•enucv and incumr. und il mav ,�ay uW nf .aid incum� all ��spa•nsrs incurnKl in ren� - .
<br /> . ing and manaKing th� same and nf cullecting thr rentals therrRum. 'I'I:c balsnca� mmainin�. �( am•. sh,Jl b�� appiiud townrd the -:�.; � �. n, t., •,..
<br /> � dischnr�c u( the mort�:age ind�blydness. This nscit;nment is In I ��rmin:d�• nnd fx���nmi� null :md e„id apon nden.r n( �his m��rtea�e. ' . � ,", �
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<br /> 1'hr 9furtgagee ntxy cullect :� "Inli� chnrgr.. nol �n i�rceed Pn �• ( 'rntc ( Scl (��r rucV� dullar (* LlKll uf i•;ich l��t:J numthh' , �
<br /> �,,; �mymanL morn than 19 dny= m arrr:�r:; �n cnc��r thr oxlrn �•xprncr �nv� dr��d in handlint; rirlinqur�nl :ici•rnuds.
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<br /> � All paymrnts made under Iho pruvicions o[ thie rn�.�rt ;;u;;r or th�r n�,lc h�� rrhp soriurd, ��hich m�y Le r� �nstnu•d :i. intrrr<t . t` .
<br /> . �hnll nnt. in the a�grepate ovor thi• irrm thrnKi(. r�mi�d ihe rnt�• th:it m.�y nnw� br la��� fully runirnrtrd fnr in �critin�:. .. � . - .
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