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<br /> THE MORTGAGOR FURTHSR COVcNANTS AND AGR��S:
<br /> .'. I � '1'hat ihe MvrtgAgor will pny the indebtedness as hereinhe(ore pruvidrd. � � � �
<br /> ':' . '1'hnt the � Morlgugor is ihe owner ut snid property in fec simPle and has �oal � riKht and lenv(ul aWhr�rity fn sell and � . . . ' .
<br /> � com'ey the sume xnd that thu sume ic free end cle�ar o(� nny lirn or encurnbrimce: :�nd thnt nfurtgagur +vill ��•nrrant and de(end tf�e � � � � � �
<br /> � � title to snid premises � eqninsl the claims ot all persons whomsoeve�c . � � , � � � .
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<br /> . . � 7'o pay immedialely whi�n due nnd payelile all gem>r:il taxes, specivl t:ues, speci;d asses,ments. �eale�r chargcy, srwrr cerv- � � . . - . : . � .
<br /> � �' ice chatges, and other taxes and charges against wiJ pmperty, and all taxes Ievied on the drbt tiecured hereby, nnd io furnish the � _ � � � � -
<br /> ' ��} Mortgugee, � upun �rryuest, with the original or duplici�te Ieceipts thcrefoc '1'he� \dortgagor +�grees (hat there shal( Im added to - . � . . .
<br /> : �; � each monthly pnyment m�7uired hereunder nr imder the evidenci• uf deht secured h�•rebY an :unmmt e,limatrd t�v thi� hiurlgagee � . . .
<br /> ^�. �i to be sufiicient ln ennble �he NtorlFa�ee to � pn}�. us thc�y becomi� due. edl taxes. assessrnenL,. :md similar char�:��� upon the prem- .. � . . �. �
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<br /> . � ises subject thereto; any deficiency bec�use n[ the insulticiency nf .uch additional paymrnis shnll be fnrlh�rith depoaited by ihe - . . � . . . �
<br /> >��� Dtortgagor �rilh the Hlurtgngce upon demnnd by the \furtga�re. Any drL�ull undrr lhis ptvnFraph shtill be drF�med a defFmlt i❑ � . �� . .
<br /> i � �pxyment ut taxes, acse„ments. or �simil�r char�;e�s reyuired hrreundee . . � .
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<br /> .�,; � 'I'he Morlgagor ugrees thut U�cre vhnll alsn be added tn i�ach munlhly p�iyment o( principul :uid inter��st rrquired I�ere- : ..
<br /> �-' t under an umount eslimafed by thr hturl���f;c�e to b�� sufficient tu enable Ihe 11ori;a�ri• �u pa}�, as it Lrcomes due. iho insur:mce � � . � . � �
<br /> , �,:y premium an nny insurunce policy deli��ered tu t}�c \�lartga„ee. AO \' (II'(ICII'ilC)' I�PCilUSP O� f{IP Ip5l1II1CICllI'V of such addilionnl pay• � . , . � . .
<br /> '�' :�i ments shalt be (odhwith deposited by thr Dlorlga�or with thu Dlnrlgagec upm� d�•mand by the Mortgag�•e. Any defautt under this � . . . � .
<br /> � � �'. � . p�ragrciph shall t�e doemed x dufault in tht� paym�•nt of in,uranco Premiums. I( ihe pnlicy or policirs depo;iti•d nm such as home- �.� � � . �
<br /> ' ownen e>r ull risk policic�s. nnd ll�r doposits are insuilicirnt tu pn>' � he rnfire prrmium, thr Dlorlgaxee m�y apply the deposit tn : . . � � � . .
<br /> ' ��� � pny pre�niums on risks required to be insurrd by this mortgag��. . � � � . � .
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<br /> .-t I'aymenls madc by the D1ort�;agor undcr the above purugruphs rnay. nt th�� nptinn of the D4orlFage�', be h�•Id hy il and . . . . .
<br /> if � ; cummingled wilh uther such funds or ils o�cn fund.>• for the payment. of such items, emd until so npplied, such pnym��Ms are hrrebp � � . � � � .
<br /> :���� �; plerltied as security for ihr unpaid balnnce o( the mortg�g�� ind��htedness. � � .
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<br /> .. ... i To procure. deliver to. nnd maintain for th�� benefii of the �for(gn�;ce durin„ the lite o[ this murlgaK<r ori�;inal pulicies und . . � . .
<br /> renewuLs thermf, delivered at Icasl ten dnys br[orc ihc expir:ition n( anp such policirs. intiurin�; against tire nnd other in,urnble . � . . � .
<br /> � hetznrds, casualties. and contingencies as lhr �lorlga„ec may r�Y�uire. in an amount equ:�l to H�c indebtedness s�•cured by ihis . � .. � � �
<br /> hlorlgnqe. and in wmpanies acmpkible tn lhe ?�fortgntiee. with lo,s pay�hle cltwse in (.n�or o( ;md in (orm acceptable tu �ho �lortga- � � . �
<br /> gee. In the event any policy is nnt renewed on ur b�toro fen days uf its espira�ion, thc h1ur�K���;oe mny prucure insurancr on thc ' � � . �
<br /> improvements, puy the premium there(or. :md suc6 sum shall become immedinld�' dur .md payahle «�ith interrse at thc ratr set . .. . � � . .
<br /> forth in said nulc until paid �md shall im secured b}� ihis murtFege�. Failure un the parl o[ ihi� 91urlRagor �o turnish .ucL renewals � ' � � �
<br /> t. �� j ag are herein rcY�uircd nr tailure to pay any swns advanced hereunder :;ha1L at thc• uption o( ihr Vori{;a�;er. cunstilute n drfault � � - . . .
<br /> `!' � ` under Uie tertns o[ this mortgage. The deliver�� of such pulicii•s shall . in the e�•i•nt nf dr•fault . consfitule an as;i�nment o( th� um . . � �
<br /> '. � j enrmYl premium. � . � - � .. .
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<br /> " Any sums reccived by the bfnrtgugee b� re.ison of loss ur d;image ins��rrd i��;ains[ may br relaini�d bc thr Uorfgagee �. � � .
<br /> ' � � and npplied lowaml lhe p.�yment of lhe d��bt. hrnby secumd. oc at the uption u( thc htor��;agee. such swn� rifhi�r H�h�dly ur in � � . .
<br /> , part may bi� pnid over to thc rtorl�;aFor tn Ix usrd to repa�ir such buildings or tu build nru• buildin�;s in lheir pinee nr fur any �. � .
<br /> x � other Pu�pose or object saticfoctory to the lfortgagce wilhout .�ficctin;; U�r lirn un the murtguge for thr tull amount .��currd here- ; . . . . . .
<br /> f; . ! by b�•fore �;uch payment ever �cxik piace. , �
<br /> r.�� � i .Cn pramptlp rep:�ir. reslore or rebuild any building; nr impruvemenh mnv nr here;dtcr un lho premisi•, which m�y h�•- � .
<br /> � '• come dumagMl or dihtroyeKl; lo keep said premises in g�wd conditiun and mpair :mrl fr��e (rom �eny mechanic's lirn ur ulher li��n or ' . . .
<br /> `:��� ' clnim of lien not expre..siy subordinated to thc lien hereuf: n��t ta sulier or p�•rmit any unlawful us�• o[ ur any nuisanre tu exist on � . � . . � . . � .
<br /> + � � � said property nor to prrmit wasfe on said pmmises, nur lu du .my ulher art wh��rehp Ihr� prnperty herebr cnnveyed shull become . � . . . .
<br /> ` � lesc valuablc, nur tu diminish or impxir ils valui• by �uiy :�cl or urnissi� �n tn nrt : In comply ��� ilh nll r�•quimmrnU nf L•uv with m<prct - . � .
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<br /> tn the morlF+�F�'�( Pr��misi�c and the Usr th�•reof. - .
<br /> ' Thnt should t.he premises or any part thrreuf Ir� inken ur damaged b}• rcusun o( uny public improrrm�nt or cnndentnation . . �. . �
<br /> ,.� . .�i Prxei�lin�;. or under lhc righl o[ eminent dc.:n:iin. ur in any oil�er m;inner. thu Dfurl�;z�goi� shalt bi• entitlal to �ill rumpcn,�rtions, � �
<br /> mvards. ttnd any olher puyment or relie( therefor, und shall bi� entiUed. at its oplion, �o commence. npprar in nud pr�Ke�:ule in its
<br /> .: '� nwn nt�me any ac�ion or pr�xeeding. or lu make any rnmprutnise or seldement in conneclion with such taking ur dnmagc•. All such
<br /> � � �' compensatiun. nwards. dnrnapes. riKht of uction and pnxre�sls are hereby assi�ncd tu thr ;lfurt�egee. �eho m:+y. nfler deduelin�
<br /> thr.relmm nll its exP�'�-��•s. release �ny muneys su rrccived hy it or :apply lhe same on an7 indebleriness �ecured herehy. 'I'he \fnrl- . � .
<br /> gngor agrei� to use�cute tiuch further :ic<i�nmenls oF any compen�atiun, awards, d,imagca, cmd ri�;hls uf ac(ion and pr�x•ri�de as the �
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<br /> �, Morlgagee m:�y rcyuire.
<br /> 1'hat in case o( failure to perfurm nny o( the cnvenunls }�erein, the I�lortgngee may do on lhe btorl�;agor's behnlf every-
<br /> - thing so covenanted; lhat the Tiorfgagee may al,o do nny nct it may dcrm necessary to proli�ct lhe lien thereo[; lhat the hfort-
<br /> gngor will repuy upon demnnd any moneye paid ur disbursed by lhe Tlorigagce (or any ot lhe above purpases, and such moneye
<br />. ��� t together with interest thereon at the rate provided in �taid note ehnll b��me so much ndditionul indebtedness hereby secured nnd
<br /> �� � � mny be included in nny dcrree foreclosing this morlgnge nnd be paid out oi the rents or pnKrcYls of sale o( said premisew if not
<br /> otherwise paid: xnd lhut MortKaFM' ehul! not inivr any persorml linbility lxrause ot nnylliin� it may do or omit to dn hemunder.
<br /> In lhe evenl of the de(ault by lforlg�gor in the paymrnt ot any installmenL ns n•quir�•d by th�� Nntr• s��cured hereby. or
<br /> in ihe pedormnnce o[ the obligalion in ihis mur�gngr or in the nute secured therchy. thi� �lorign�;ec �htdl be i•tdilled to drelare the � �
<br /> debt secumd hereby due and payable aithuut notirn, and the Murf�:uger shall be entilled id its uptinn, without nntice, rilher by itscif
<br /> or by u receirer lo be appointeKl by th� court ther��f, und �vithuul mtiard lo the ad��c�uucy of any securit�� tur the indebtednes� �-
<br /> curcd hereby, to cnk•r upon nnd tnke potcession o( thr morlgaFed Pmmises, nnd lu collect :+nd n-ceive the rents, issues nnd profila
<br /> thereof, and appiv thc satne, Iess costs o[ operation and cuilirtion. u�x�n thr indeble�lniys st�rured by t}�is mnrl�;age; said renle. .
<br /> issuc� und profiLs bcing hereby vsiRned to lhi• \7orl�;ngec aa (uriher c�K•urily fur th�� pnymcnf of nll indebtrdnF��s �r<•urrd hrn•by. `Mp :
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<br /> The A�fortgu�;ee shall harvc lhe power to nppoint �+ny agent ur ag�•nfa it may desire (ur the purpc�sr n( rt�p��iring s;iid prrm- � � � '`' �
<br /> ii:es: renling lhe same; collecting thr rents, revenues und inrome, and il may pay out of said incumu nll esprnses incurrc<I in renh , N "�` �
<br /> . I . ing and � monaging the same und of collec(ing the mnlnls theretrom. The balance remainin�. it any, sh:Jl 6�� :q,pli��d tuw�nrd the � �
<br /> dir.�:harge nf the mortgngc indebtednec�. Tl�ix NssignmenL is In terminate nnd IHs•umr null �md void uP���� rrli•n�� nf tliis mnrt�;n�;e. ,�,
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<br /> '1'he btort�agee may cullect u "Inte dmrgr" nul lu rsceeQ Fivv Ci•n4s ( Sc) Iur ��uch dullar 181 .W1 ��f wich tnlal munfhly . (Q ��� !��.
<br /> pnyment mon• lhan l�i dnyr+ in arnraru lu coei•r Ih�� i•stra rxP�'n�r im�olvrd in handlint� JrlinquenL necuunls. , � 1�? -. �
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