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<br /> MORTGAGORS MAY MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE DATE. SUCH PREPAYMENT SHALL BE
<br /> APPLIED TO INSTALLMENTS LAST TO BECOME 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 FURNISN TO THE UNDERSIGNED 300% OF SUCH PRINC�PAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO•
<br /> HIBITED BV THE REGULATIONS OF CHARiERING AND SUPERVISORY AUTliORITIES THEN IN EFFECT. ALL SUCH ADVANCEMENTS
<br /> SHALL BE SECURED BY THI5 MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD BEEN MA�E.
<br /> �' � TIiE MORTGACOR FURTHI3R COVANANTS AND AGREES :
<br /> � 'Chnt the Mortpngur will 1»�y the indebt��rim�sv na hrminb�•torr prnvided.
<br /> . 'Phat tl�c Dlorlgagnr �s thu o�mur u( saicl propert }' in (�•�� simpl�� �md hxs gmul right nnd law(ul nulhnrita �n ti�•II and
<br /> ennvev the snme and thnt tho stame is tre�� rind cic�r ot nny lien or rnrtunbrmci•: und lhat �1nrl��i�or will �earr�nt :md do(rnd the
<br /> � title to snid premises a�;:�in�t the ciaimti ot nll prrsunx whomsiiev�•r.
<br /> �� . �� 'Po pxy immeditdely whrn duc nud p��yable nll genrre! tnzes, sprrinl tasrs. sp��cinl a�sr,sm��nts, ardrr rht+rges, crwer serv'
<br /> �. ice chnr6�'.�, +tnd olher tnxes and churgi:s ngainsl said properl�•, mid o�l taxrs levi�•d un Ihr di•bl �rcured hereby, and �n turnish thc
<br /> Morlt;nqre, upon request. �eith [hc origimd or duplicale rec��ipls ihrrrfor. 'Cl�e� 1lorlgngor agror�s �hat lhem shali be Addrd to
<br /> � e�ch monthly payment requirnd her�•under ur undi•r thi� evidi�nce of deLt srcured herr�6y :�n :unnwLL eslimated hy ibr MortgaFee
<br /> lo be su(ficient. lo rneble tht• \iort�agco In �uiy, a, they 6ecume due. nll lnxrs. asR���.,ments. and virnilar churge�s u�mn the pr��m�
<br /> �, ises suhject there!n; anp deficiency bec+mxe of thu insu(licirncy ut sueh addiii<mnl paymenls sh�ill ha furlh�cith di�pnsi(ed by the
<br /> ' �1nrtgngnr wid� lhtr Mort�;uy;ir upun drmnnd by the titorl;;n�;����. Any drL•�ult undcr thi� parn�;rf+ph vh�d� br d�•��mrd n default in �
<br /> � pny�m�•nt nf L•�xrs. assrasnu•nL:. ar simil�ir chnr�:rs rryuircd hcreandr•r.
<br /> '� .1'he nlurttiago[ axre�+a lhnt Iherr shall ako bi� add��d to rach mm�thly pnymrnt of prinri�ntl nnd i�drrecl rryuimd he�e-
<br /> undrr an amuunt estimated My Iho nlur�gagee tu hr suflicienl to enubl�• ih�� ��torl�;:ig�r �i� p�ry. ❑s it b�cumrs dur. fhe insuranc�
<br /> � premium un anY insivance pulic�� d�•livercd ln the \inrl�nge�•. Any daficicncy brenusr of Ihi� in�ulliciency nf surl� ;�ddilion�l p�y'
<br /> � tnrnls shall he (urthtirith drpasited by th�� G1�irf�;:fgor wi� h ih�� JIurIK.�gre upon detnalid LV ih�� A4ortgapec•. Any defnult under �his
<br /> '. parxgraph shall M� J�•emrd a defaull in Ihr paymi•nl uf insurancr pmmiums. I( thr �xilicy or policirs drposilyd :irr such :iti hume-
<br /> owners or nll risk pulici<�s. and the drposits airr insuftirient �u p��y th�• rnlirr prc�mium, tho 97nrl �;ngce mn�� �ipply tho dupnsit to
<br /> : p�Y premiums on ri.kx reyuired to b�• in,ured by this mnripagi�.
<br /> �. Paqmrnts mad�� h7' th�� Afnrl�a�;or widi�r thc nbuvr parngnp6s may , nt th�• optiun uf lhr \lorl�;n�;i�i�, hr lielrl hy i� and
<br /> rommingled ��•ith ulhrr such funds or it, o�cu (unds fnr th�• puymrnt u( ;ui•h ili•mv, imd unlil sn applird. such pnyments nrr hrrrVq•
<br /> pl�rlgrd tis srcurily fnr ihe unpaid b�dance n( ih�• mur�g:igr indrbteriness.
<br /> . Tu procure. dcli�-er to. und maint�iin [ur Ih�� bem•li� o( lh�• �1url �a�:��� durinu thr li(e nf this murt�;n�;e uri�;inal policies and
<br /> renewals thenrf, delivi•red al Ieast ten days {x�tnre lhr ��xpirntion u( an}� such pulicic•s. insuriug +i�ainsf fin• and u(her insurnhle
<br /> � h.�zards, c�asuulties, and continy;encies as thr MurtF;�x�;ee nuiy r��quire, in �in �miount �•qual (o Ihr indebtrdness ser.ured Ly Ihis
<br /> iUorlgnge, and in cumpanirs nceepfable to the Mortgugce, with In+s pziyablr cl�mse in fuvur o( and in form ameptaLle to Ihe 1luriga-
<br /> E . gi�. L� the rv�nt any policy ie nut renow�vl on ur Le(nn• trn day; ut its expirntiun. lh�• Nurtgagei• mriy procurr insurunce nn the
<br /> d improvements. pay [he prrmium iherr[or. and such sum sludl bor.�me immedi:dely due and payi�ble �eith inlerest at. thr rate set
<br /> ` tnrlh in snid note until P��id and shall tx• s�•currd by this mortti�+tie. Failure nn Ihe purt of th�• A1urt�;�„ur to (urnish such rrnewals
<br /> �� � as nrc hi�rein requirrd ur fnilure to pny uny sums adenncrd hrr��under shall. at the optinn u( ihe Murt�;n�ec. cunstdute a de(ault
<br /> wider lhe �rnns of lhis mort�;n�;i�. 'I'he d��livrry n( eui•h pnlicies shnll. in lhr r��rnt nf rlrfa�ill . �•onsfitutr an �signmrnt of th�• un-
<br /> - . rarn�rl premium.
<br /> . Any sums rrci�iw�d by thr \tortgagee 6�' r��:s.un of lus; ur damnge incured ;�gainst may be retainrd tiv the \lurtg:�grc
<br /> i.: . . i�nd applied fuw�nrd the p:�pment o( th�� dabt her��by c�'�cur•d. or. nt � he nptinn of the ntnrlgr�gw�. �uch �ums �•ith.�r whnlle ��r in
<br /> i. purt may b�• paid ovrr lu the :�lortgagor ln t�r used fo repair nuch buildings ur tu build ni•�r buildin�;s in thrir place ur (nr any
<br /> � othrr pur�wse or ubject s:itis(aclory tn � he I�Iurt�;aKce wilhnul a�Ter� ing ihr lii�n on thi� mortga�r (nr th�� (ull rimuunt srcurrd here-
<br /> � by b�•(ore such paymenl erer t�rok Pluce.
<br /> � 1'u prumpdy rvpair. nstoro ur ri•build nny Luildin�;s or imprucrm��nts no�5� or h��rr.iHer un tLi• prcmi,i�s whirh m�y br.
<br /> �� cnm�� dam�Ked or deslroy�•d: tn keep �aid premisrs in ga>d cuudiliun aud repair �nd frrc• (rnm any mi�clmnic'. li�•n or oihi�r licn ur
<br /> �. claim uI lien nut expre_cly vi�twrdinuted lo ihc lirn h��n•uC nui tn sulTor ur p�•rmft nny unluwful us�• o( or nny nuisanm tn nsist on
<br /> � s:�id Properly nur �o pi�rmil �r�i;te un said pn•rnises. nnr tu dn ;uq' othi•r act �vhi�rrby thr pruprr�y herelry conve�•ed shnll lu�com�• .
<br /> ;. le,s valuublc. nur lu dirnini.h ur impair its <�alu�• by a�ny acl ur umixsion iu :irt : h � nnuplp H�ith :dI rrquinam•ntv uf In��� with n•sprct
<br /> � tn the mnrl;;nge�: prrmisi•s �md thc use thrreuf.
<br /> ��� "Chat shuuld ihe p:emises ur �iny� p:irt themu( 1� taken ur dam���;ed i�y rrasun of :+ny puhlic improci�m�•nt or condemnntion
<br /> i; Pr�Y•Mling. nr undcr Ihn riRhl uf emim•nl dumnin. or in any uthcr manm�r. thr \1��rlti�igi�o shall b�� ontiticd �u all cumP�•����tions.
<br /> �: m�•ardn, and auy uthi•r p:+ymer.t nr rrlicf iheradur, and shall br entiUod, nt its option. to rommence. �qrprnr in ;md �,rrr�rute in its
<br /> � mvn nume any nclion ur pruce�•ding. ur to maki� any cumprumis<• or nrttl��ment in cunni�cliun �eith such takine ur dama�e. All such
<br /> cumprn.u�llon, aw.�rds. damag�s, righl uf acliun .�nd procrals :�re h�•reby a�signod lu th�• �lortgager. aho may. :dler drductin�;
<br /> therafrum all its ezpvns�•s, relrase :my mum•y, no recriv�-d b}� il ur �pply lhr same un any indrhl<�dnesc ,ecured horeby. "1'ho \tnrt �
<br /> gngor ugre��v lo execute such Iurther flssignmenL� of nny comp�•n.ation. a�v:ird., d:un;��;r., i�nd rit;hts o( :�rliun and prucri�is as lhr•
<br /> : ATnrtgngrr m:iy rrquire.
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<br /> '1'hnt in catic u( fuilure tn per(urm any of thi• coeenxnls hemin. thr \lortga�;er muc do �ro ihr \1nrl�:uFor'ti brhal( a��errthin�
<br /> so cnvenanted : thut lhe �iorl�;ngee may al.a du eny e�ct it may drem necrss:�rv to protect Ihr lirn th��reuC thnt thi� Dtortgagor w�ill
<br /> rrpuy upun d�•mand unY mnney. puid or di.bursrd Ly ihr 6lurt�;���;�•e fur any af ihi� aLuv�� purP�^�•=. ����d ,uch mun��ys �o�;rlher with
<br /> inleresl therenn ed th� rnie provided in wid ni,te• .h�dl becume so much addilional indoLti�dness horehy .rcured nnd mny tx• in-
<br /> cludi�d in nny d��cree furecloeing this morlguge and be paid uut of the rrn�s ur prucred, nf salr uf .ynid prrmis��a if nnt nthrnvis��
<br /> pnid: lhat it shnll nul fn� ubligutt�rV upun thr blort �;ngee lo inqUi�e intu Ihr v,�6dily o( anp lirn. ��ncuml,r.uu•�•s. ur cl�iim in ad-
<br /> vuncing m�meys as ubu��e authurized. but nulhing hrn•in cuntain�•d .,h:dl Ix• con<trurd .�n requirin�; ilu• �tnrt�;�+ge�• t�i ;�deiinc�• nny
<br /> moneys ior anY +���h puqxrsu nor lo do any nct hi�reunder, :�nd thnt MurlFntii•�� ..hnll nnt incur any pi•rsnn;il liabilily brruu�e u( ;�m�.
<br /> thing it maV du or umi� ln do hrrcUnder.
<br /> � In thr r�'enl o( thr drfault bV �Iur�Fugor in Hu• puymrnt u( �ury' inslallmrn� . :�. rrynin•�i bc fh�• ti�d�• .����urrd hi•rr6y. ur
<br /> in tLc pertumiunci• of tt�r ubli�;aliun in this mortgagc ur in thr notv �rcured t}��.rcL}'. lhr �tortg;�gcr sh:�ll L�• �aititlyd lu dir�l.vi• � hi•
<br /> � drLt securetl he. reby dw• xnd pi�yahle withoul nulice. anJ lhe \7orf�;ager shxll bt• entille•r{ iil its upliun. wilhuut nulice. �•ithrr by il.rlf I
<br /> or hy u receivrr lo Ix� uppuinlrKl by the cuurt Ihereaf. und �eitLuut regard tn tlu• ndcKaua<y �d any srruril>� f��r thr indebledness u•- ' .
<br /> cumd heteby. la enler upun .�nd take� passe,sion u( thr murlge��;ed premises. �ind lu collecl :�nd recciv�� the ri•nt,. issui�s and prufits . . ��,N ,� � ..
<br /> thrreof. und npply the .:une. less cusls u( opendiun xnd collecliun. u�ron thi• inJebtrdness ,��c�umd 6y Ihis murtti+�ge: s:�id r�nls, � �
<br /> icsues nnd profitx tx•ing hrrrby assigne<I lo the Morl�;a�;re as furthrr .�•curit�• (ur th� p;rvmrnt n( :dl indeblydne�s .ri�urrd herrby. �
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<br /> 'Chc Mortg��gre shall hnvr lh�• powcr lo aypoint any a�;ettt nr n�;i•nls it mnp drsicr for lhi� purpusi• uf rcpairing said pn�m. n, . ,
<br /> ices: renLng the �ume: cullecting the renta, rcvenues and inei�mi•. �md it may pay out uf s�iid inr�nue alI �•spen,��s ini•urrcyl in rrnt - CP
<br /> ing nnd mnnutiing lhr snme ;md o( collrclin�; lhe rentxix (hen•( rum. 'I�he L;tlnnce mmninirU;. i( any. sh:dl h�� :�ppGrd t���wird th�� �
<br /> a � dittchnti;t• of thc murtga�c indoblydnrss. "1'hi� a��ignmrnl is tn trrminati• anJ Iw-cn�nv null and vuid up� �n mir:i�r �d t6i. mnrtti;+�;r. .
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