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<br /> THE MORTGAGOR FURTH�R (,'OVENAN7'S AND AGR�ES:
<br /> 'fhat �the� Mort6agor�will pny fhe indehtednesn ns , hereinheforo providrd: . . . �
<br /> rTh»t the Mortgagur ir the qWnor o( snid propert.V in ti•r simple nnd hns goal right mid lawful aulhorily lo srll and
<br /> I ennvey the seme and ttwC the sohu� is 'free nod clei+r ot m�y lien or eqcumhrimr.e: and thet r1nilKagor N�ill warrnnt ,:+nd de(end the
<br /> � title to nnid .�premises � nqainet the� clnirt�s o[ nll. `persons � whomsocver.� .- �. . . : . . � .
<br /> � � � Tn pe�y� �immrdiatcly. whrn dur nnd pnynble ull general tnxes, � �s��erinl tnxcy, apeciol »su�nsnicnte, wntrr i�hnrRes, 4i•wi•� srrv- �.. �. . � �
<br /> ice charges, and .olher .ti�xes� [ind cLarges against said p�operty , and nll l::ses Irvir�I on th�r d��bt. srcurod Imr�•hy, and tr� furmsh ihr. �
<br /> Mortgngea u�xm 'rcyiirst, with 'the ' �riginul or duj�lici�te rcceipts tl+erefor. The �1orlIS��K�r :igrres ti�nl there shall br uii�li•J (o
<br /> . imch mnnlhlY Dtiyment myuired hemunder or � undrr Ihe rvidi�ncr af debt secumd ;�crrb�' :m aninunt eslinu�icd hv Ihe 9lorlg;agre . � � . .
<br /> tn be sutticient . lo en:�6le �� the�� hforlgngee ')o pny, ��a tl�ey become dui�. f�ll t:�xrrs. ii�.vessmenls. �mJ similar c}iargrs upon lhe prem� . �. . � - � .
<br /> iseq aubjMN, theteto; � any �icfirirncy � bec�iuse of ihr. i�isuRiciency cif �surh uddilion�l pnymenls slittll Li� furtha•ilh de�icr�itrd Ly Wv � � �
<br /> � A1or(gagot a•iUi the �lorfgugce upun +ii��unnd by Uie Rlurlg;q;ee. Airy defimlt undrr this piaragrnph xhnll lu. de�•med ;� drftiult in . .
<br /> � � � ��ayment of I:ues, � nssessm<�nts, nr similar charge+ mquireJ Lcrrund„r. - � .
<br /> . � 'Che � D1origagnragreec lh.d thore shull al.sn be ndJrd to rnch monlhly payn�rnt o( prinrip:il nnd interest required herr. • � �
<br /> � undi•r an mm�u»t rsHmnted by tha �4nr�gngee In bi• su0icii�nl lu �•nable Ihc �lurtgnl:c•r• lo ptiy, ns it 6oc�nmrs dur, lhe insurance � � �
<br /> � premium nn nnY insurr+nca puliey dvlivc�red to tht� Mmtt:af;ee. A �rv di•ficicncy brraus;�� of Ihe in.vidfi�•iency of suc6 adJilional pay� � .
<br /> � � ments shall h�• fnrthwith dn�iosited hy thi• A9uNgagor with lhe A1ort�taGec upun demnnd by tho M1lortgngre. Any deiault wider this : � .
<br /> � paragrnph chnll Ix• drem��d n drfnult in Iho p�iyntonl of intiurance prerniums. 1 [ lhr puliry ur � policies di•posiled �ur such at Imtnr. . . . � .
<br /> ownerx or all risk polici���, nnd thc� dr.po:;ils :� rc� invu(ficicnt lu pny thi• cnti �r prcmium, Ih�• n9orlgnl!<`�• may up�dy thv drpu�it �o . �
<br /> t� � � � p�iy premiumx un risks requirrd to br insur�•d 6y tliis moriti:�gi�. � . �
<br /> Puymenta made by tlu� Aiuil�;agor under U��� ahnvi� p�vn� rnphs mn,q, at ihr ��plion n( thr Alorlg:igrr, hc held � by il �nd . � .
<br /> '' � cnmmingled with othvr surh (unds ar its o»'n (undti fur � hr puYnirnl ��f sucL iti�m�. av�d unlii so npplird, such paynu�nLs ar�• lu�reby ; � . .
<br /> pleKlge.d ns security for lhe unpnid 6alance of fhr nmrtgag�> indehli�dnrss. . . � . � � .
<br /> �� Tu procure, deliv��r to. :md mnintnin !nr thr 6�•nelit u( tL�• 1lurtg�igri' durin�; the life of this murt�;nFe nriginnl P��licies ;md . -
<br /> � renewals thertK�f. dclivrrr<I at Iru,t tou d�iys brfore the r�piritiun u( nny sur6 policii�s. insuring :�g:iinst (ire and uther insur:�ble . . � .
<br /> . hazarde, cnsu;iities, and conlingencii�s ns the r7ortgn�eer m<<y rr�cauire, in an nmowit rqunl to the inJebtedneav sa�urcd hy lhia
<br /> � t�SoKgagc. nnci in comp.�nic. :ittrpt�Llr lu llie 11ortpagcr. �cith ln,s p�>•:�F(i� rlausr in In��ur uf and in (urm accopt:ibir lo ihc �] nriga� -
<br /> � gi�e. In lhe evenl any pulfcy is no[ rrnewrd ��n ur Lr(or�� ten d:iys u[ its �•spiruGun. tho A1orfgutiee maY Procure insuranci• un tlre � .
<br /> � improvcmenLs. P;�y ihr prrmi�nn � 6��refur. aud sueh surn sh:d ! 6..r:,mv inun�•diutcly dui• :md puyable �ai� h mlrrrst ❑t the r:�tt� ,et
<br /> (orlf� in snid nulr witil p:aid :md shali IH• sucumd 6e lhi, �r���rt�;ugr. Pailure un the part ri( thr \lortk:agor to furnish surh rcne���.als � . �
<br /> ❑s are h��rein rex�uired ur (ailun• tu pay :uiy sums udwuircd h�•roundrr shall. :il lhr option o( tlir �1ortgngce, cun�titutr n defattlt �. - .
<br /> " tmder the tern�s o[ lhis murt�;agr. 'Che drlivery n( auch puliri�•s s6nll. �n lh�• e����nl nf de(milt, cnnslitute m� assignment uf th�• un- ,
<br /> � enrmvl pmmium.
<br /> �: Anv xums rrcci��rd 4y Ih�• '�lmigu�:���• hp ro;i.�,n uf lus, ur d:un;i�v in.ur�vl agnin+t may hr rrtnin��rl hy lln� \lortga„ec � �
<br /> . . [uld applicd tuward the pnymm�l o( lhe d�•bl h�•reby s�•�•urrd . or. at thr aptiuu n[ [h�- Alurttingec, such sums uilhet whollv ur in : �
<br /> - � purL may br pnid ovcr to thc �lor[gagnr to br used tu mpair �uch buildings nr to Luild ' nt•w buildint:s in t6oir pl:�co ur (ur uny . . .
<br /> . olher pur�wse or ubjret salisfifctory lo �he �1or�gagr�� wilhuul ;it(eetir��; lhr lirn on th�� m�,rtFFi�;e fur Ihe full ivuuunl srcumd here� .
<br /> 6y befurr uuch pnym�•nt ever I �rok pince. � �
<br /> � 1'o prumptly repair. restore ur m6uild atry Luiidinti. or imprnvemrnts no�r ur hrrr:d�rr un U�e prvrnises whirL nury he- � .. . . .
<br /> � cume diimaBed or destroyi�l ; tn k��ep ssid prrmi«•s in �;r��,d cnndilion +�nd repnir z�nJ fro�� Rum uny mecL:u�ic's li�•n nr uther lien or
<br /> ,E ' clnim ot lirn not rxpres�l}• suln�nlinafed to thc li�•n h�•rruf�. n�.�t tu sufTer nr prrmit any unlawful use uf ur any nuisanre to exist on �
<br /> � - ,eid pruperty nor lu pennit wi�clo un said premi�c., nnr t�� do :uiy uther act whrn•hy the prnperty hrrrLv cnm�eyed shall iiecom�
<br /> ' lese vnlunible. nor lo diminish ot imi�:�ir its value by ;my ai•t nr nmi�siim lu act �. lu rn�nply �silh all rryuirem�•ntn uf I:+��' H'ilh respect . .
<br /> � tn lhe mnrlK�ti�d premises and lhe us�� thercuL � . .
<br /> .. 7'hnt shuuld Ihr prrmtsrs or +u��' parl Uw[eu[ Ixr �akeu ur damaged Ly re��,vnn nf ;uiy public impru�•rmrnf ur condrmnaliun � . � .
<br /> � proceeding, or under lhe right ui emincmt domain, ur in uny olher mannoe � hr \turtgegec shall be enlilled lu ;JI compensutinns, .
<br /> " nwnrds, und anY �lhrr paYmenl or rrlic( lhere(ur, and shall br entitled, nt its upliun. to c���nmence. oppear in smii pra:crute in ILS . .
<br /> ' uwn nnme ;iny aclion ur Vrxerding. ur lu make any cnmpromise ur srttlement in runneclion wilh such laking ur dam��K�'. AII such .
<br /> ' compensation, uwurds, damuges, righl of uction and procr�Yls are hereby nssigned lo the Mortgagee, who m:+y, afler deducting �
<br /> there(rom ell its expenves, releuse any muncYs so mccived by it or nPPI)' the sqme un any indebtrdness securcd hereby. l'he Mort-
<br /> . gugor agrecs lu rxecvte such further uxsignmenls u( nny cump��nsaliun. awnrds, dumages. and righls of actiun :�nd ��ruce��ds as the . .
<br /> s, � I�tortgagee may reyuire. ;
<br /> � 1'hnt in case o( fi�ilure to perfurm uny u( lhr i•ov��naids hrmin. th�� Afortgagec may do un thr \Sortgngor's behalf evrrything : -
<br /> . so covennnted; that the lfortgugee mny nlso du ;my uct it may deem n��resu�ry ln prutect �he licn therroC lhat ihr M1tortgagor will ;
<br /> y - repny upon demund any moneys p�id or di�bursed by thc Morlga�rr tor n�q� of the above purp�nes, and such moneps �ugellicr with - --.
<br /> � inlerest thercun nt tlm rate provided in xaid notr xhali become so much udditionnl imicbtedness hereby cerured nnd mxy trr in- �.'
<br /> cluded in nny de�cme [oreclosing lhis murLtiaFc ond be paid uut o[ the rentx or procceds ut sale o( naid prrmisrs if nnt u[IICt�4'15P "
<br /> � pnid; that it shull nut be obligatory upun lhe Mortgngee lu inquire iutu lhe validity o( any liea rncumbrunces ur clnim in nd-
<br /> �,: . �, vuncing moneyn as ntwve n�thurized. b�t nuthing herein contnined shall Ix� cunvtru�•d ns re�uirinB lhe A1ottg�gee to adv;mce nny .
<br /> '� moneys (or any such purpose nor to do nny act herewiJer, and lhnt Morlgagee shall nut incur nny persunel Iiubilily becau�e of nny- � �
<br /> " thing it mny do or umit ta do hereunder. .
<br /> � � In thr event o[ lhe de(�ult by Diortgnqor in thr paymrnt of nuy invlallmenl. as required by the Not�� securrd hemby, nr
<br /> � in the performunrn of the o6ligation in this morlgngr or in ihc nali� u•currd lhrreby, the Morlgagee shall btr etttiUed to drelarc thc
<br /> debt secured hrreby due and payable withoul nulice, and lhe Diertgegre shnll be enlitled at its option, wilhuut notire. �•ither bp itselt
<br /> ' or by n mceiver ln �e nppointeyl by the cuurl Ihereuf. und wilhout regfird to lhe nd�uacy of any securily for lhr indebtednra5 u• �
<br /> : rured hereby, lo enier upnn :vid tnke post,essioti iif the mort{;aged premises, nnd to cullect nnd receive lhr rents, issues and profits
<br /> � therro(, and apply the name, less cvyts of o��eralion and collection, upon lhe indebtednese «ecured by this morigage; �id rents,
<br /> . isyurs und pro(its being� hereby nssigncd lo thc Morlqagce ns turther securily for �he P��Ymeni of uli indeht�c!nrss sirurrd hereby.
<br /> �� The Morlgagcr sh�ll have the puwer lo +ippnint :viy ugenl or agents it mey desire for the purp�nc o( repniring ��icl prcm• � � � � "�;;� ` �
<br /> � ises; renting the same: rnllectinR the rents, revenues nnd income, nnd il may pay out of wid incume alI exj�ensca incvrreKi in rent• � . � N ".;•:S' �
<br /> L ing and mnnuging the same and of colleclinR the rrntals therelrom. The bolance rcmnining, i( any, shnli b�• a�>plied euward ehe �
<br /> dixhnrKe of the mortgage indebtedness. This asvip,nment is to terminatr an<I I�ecomr null nnd void upon ttledu• uf this mortgnge.
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