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<br /> ry 'PHE hfORTGAGOR FUR'PHER COV�NANTS AND AGR�GS:
<br /> 'fhnl the - Alurtgagor wili pny the indebtednres ns hereinhrf<�rc provided. � � � .
<br /> Thnt the Mortgxgur is fhe owner o[ st�id property in toe simple and haz goal right and lawful authoritp tu �eU and � � . . : � .
<br /> ' �: � com•e>� ihe samu �and that the same is free and clear of nny lien or encumhranc��; and thst Mort4ngor will wnrrant rmd defrnd the : � � .� . �
<br /> titJ�• to s��id prcmises ugninst the claims o( all persons whomsoever.
<br /> � � To pay immediately whcn due and payable t+ll Feneral tnzcs, special texes, special assea+menls, woter charges, srwer serv- � �
<br /> i��c� charges, and oUwr tnses and cliarges aKainst said properfy, nnd ail lxxes le�•ied mi the debt secured hereby, and to turnish the
<br /> �s � . � hlortgagee, u�wn request, w�ith the original ur duplicate receip4K iherefor. The h1ortgagur agrees �that lhere hhal! be added to . � � . �
<br /> . � each � monthty pnyment reyuired hen�under or under the evidence of debL sc�c•ured herrUy an amuunt estimnted by the �lurtgagee � . � � . �
<br /> to Ue � Fufficient tn enable the Alortgagee to pay. :as they become due. all [axes. :�ssessmenis, and . similar chargc�s � upon the pte.m- � . � � � � � � ,
<br /> ' � � iµs � subject thereto; m�y deficiency 6t�use o( ihe insufHciency o[ such ndditional paymenls shtall ix• fortha�ith deposited by thr .� � � . �. � � �
<br /> h9origagor with the Mortgagee u�x�n demand by �he \1t�rtgagee Any default under ihis pnragraph �hall be d�•emed a d�•fault in � - . � . . . .
<br /> � r � pnyment nf laacs. asso;,menG. or similar charg�>s ret�uired hereundec . � . . . . .
<br /> . 'I'hr 14urt�;agur s�grces t.hat thrre shall also Ix� added to each monthly paymeni ut prinripal and interr.f n•quired hcre- . � � ' : . . .
<br /> under an amount estimuled b}• the \tortgagee lo be +uf6cient. to enable thi> 1ii�rfg�gr�e to ��ay, as if bF•comi>; due�. the insur:ance � � � � . . � � . �
<br /> premium on any insurance policy delirered to thi� A�torl�BgPG. :� 11}' (ICI7CIPf1C\' I)PC9OSe ��t ihr insuf6cirncy nf �uch additiomal Pay- � . . . � . �.
<br /> ments shall be for(hwiih deposited by thr \lnrtgagnr uith thi• \turlga^er• u�wn dem;iml by thr 1lurtgagrr. Any de(nu�t undrr � his . . . . � .
<br /> pitragraph shal) tx de�•med a defaulf in the p;q�ment o( in;urance premiwns. I ( the pnlicp ur pnlicica drpn<i(rd arr vuch as homr- � � � . .
<br /> . ��wners ��r ull risk policies. and the depo;iG are insufiicicnt ia pap thc rntin• prernium. Ihe �Inrt�;:igee muy appip fhr depo�il to . . - . �
<br /> � pay pre�miums on risks roqttimd tu bc in:unvi by this mort�_a;;e. . � � � - . .
<br /> ` Ya}�menis mnd� by the lfori�aRor unJez thr above para4r;q�hs may. at tho upiinn ��f thc \turttiahre. br hrld 6y i� and �. . . . � � . .
<br /> convningled u�ith olhr.r sudi fund. ar its own lund; for the� paymeN o( ,uch iti•mx, and until so nppli��d, sueh p�ymr�nts are hrrehy � . .
<br /> s � pi<�dk��<I as security for the unpaid balanre o( thr murtga�e indrblednrss. . . � . . .
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<br /> 'Pn pnn:ure, deli��rr to, and m:iinr<�in fur the 6enefit uf the \fort}a�;r�� durinc Ihr lifr ut lhix tnnriga�e ori;:inal policirs and � � . . .
<br /> r�•newnls th��nY�f. deticer��d at Irast ten dn}�s txdora thc ��spiration o( nny ,uch pulicic:s. insurin�; a4�inst [ire and uther insara6le � � � - . � � �
<br /> � hazards. c.yualties. and contingencie, ns the• hlnrtKa„ee may r�•quire. in :m mnuunt i��wd to ihe indebtedness sr�civ�al by this ' � . . . �
<br /> Atur(gage_ and in a�mp++nie�: aireptable tn the Slortgagee. �+�ith lo:cro pny:iblc clause in (�cor ut :ind in form acceptabl<• tn the �f�rt�a- . � � .
<br /> gee. In the evrnt �n}• pulicy is not rene�eEYf on or be(ore t��n <I;�qs of i (, ezpirenion. the �1on�nFi�e miay procum in.>urance nn the . . � . . .
<br /> impro��ements, pay the premium thr•refur. .uid sur.h ,um sh�ll bec,>mr immediatel�� riur and payabie with interrst at thr r:�te tit•t . � . �
<br /> (orth in said nute unfil pnid xnd shall he secured 6y this murtgake. Failurr on the part. uf the �turt„agor ta furni,h =u�•h renewnlc . . .
<br /> � . as arr herrin rcs�uired or (ailure ln p�p� anp �um. �dvanced hrreund�•r shn1L :d the opliim ut ihe ;ltorp;a�;rr. cun.titute a drfuuR .. . � �
<br /> under �he lerms ot this morigage. 'Phe dc•licery o[ such policies shnll. in lhr ec;�nt nf dc•tault. cun+tiiu��• .�n as.i;;nmrnt ni the un- � � � � �
<br /> ' � earncd prrmium. � � � � � �,
<br /> �� � Anp sums ree�•ierd 6c ihe \fongag�r by rra.;rm of lu;; ur d:+ma�;e in:urrd at;�ia,t map f� mlain��d by thr \Inrt;:a�;eo " � . . . .
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<br /> � and applicd to�:ird the paymeni ot th<• debt Len•bc se�cured. ur. at the option of the AfortgUg�•e. such �wns ei� brr «�hully or in . . . �
<br /> part may be paid uvrr tu the 1�1ort�;a�;or to 6c u=ec1 to repair such huildings or tu build neu� buildin�s in their Place ur for any . � � .
<br /> �- othr•r pur�xne ur object s:ilisfactory tu thc 91url�:agri• �ci� huut a6rctint� thr liF•n on thr mnrtenec tor thr (ull amount srrumd hrre' : � . .
<br /> � � b}' be(ore such p:ipment evrr t«�k place. : . � � .
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<br /> 7'n prc�mptly rvpair, r��cture ur r:rl�uild any t�uildin_•s ar iiupruremenls now or herea(t:v c�n tL�� prc�a�i.�•s w�hirh n:av tv. ��. . . . . . . � � .
<br /> ivimr dumag�Kl or dr;troyiKi : to k�•ep said premisc•s in �wd condition und repair and tme (rom any mechnnic's li�•n or ��th��r lii•n or . .
<br /> �:� c�aim of lien nut cxpre.sly suburdinnted fo the lien hercnt: not tu sufTer ur prrmil any unlax�(ul u�e uf nr anc nuisancr tu ��xi;t on
<br /> r,. �� s�id propertr nor tn permrt �ca,te on a�id premis�•.. nur tu du anp uther ar1 uhemby lhr prnrn•rtp hrrrba runvr}-ed shnll h4v:ome �
<br /> less v.dunble. nur !u dimini.h ur impair it�i ��olw• Irv ��ny art � :r ��mi ;�i��,n tu art : in cumplc �sifh all requiremt�nt.; n( lau• with rt•<pt.<.t � . . -
<br /> tn the murtgaK�•�l premise; and the usr thi•reuL � . � .
<br /> � Thnt shuuld tLe prtani�es ur an:� p;vt Ihereuf M� tak��n ur dam:iced by r�•asun o( an}� public fmprrn��ment oc eondernnation � .� . . � � .
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<br /> prrxr.rdink. ur under ttie right of eminen� dnmain. ur in any mhrr m�inner. the 11nrt�;ager shall b.• en�iNrd to all cY�mpr•nsauuns. . . . . . .
<br /> •` awards, and vny olher payment or relir( theretur. and .hail be entitlt�d, at its uptiun. to commence. appear in and pra;ctiute in iLs . � . �
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<br /> i . own mm�r :u�y actinn or prrx•eedin�. ur tn make .wy comPmrnise ��r seltlrment in cnnnrction w�ith such takin� ur dam.�ge. All s�ch � . .
<br /> �,` � � compen.wtion. aH�arrL:. Jamap�•s. ri�ht of action nnd prneceYis nrc herrbp as>iFned tu lhr �1nri .ac����. who m��y. aRer deductinG � � .
<br /> t' . thrre(mm all its rxpnn.os. rvl�•a,.• any muneys so rrcricrd by il or apph• the same un :im� indohtrdnr�;s .ecured hrre6y. "fhe �inrL .
<br /> j � gagnr agree.a iu execvtn such further acsi_nmems nf an}� cnmpen+ation. awarde. d:una�es. and rich�s ut nctian und prc��rr•ds :u the
<br /> ° \InrtgaFre may nK�uire.
<br /> � � . 'I'hnt in ca� o( (ailure to per(ortn nny o[ thc rovennn!s herein, the lfortqagce may do on the \lortgagui s behal( eceq•-
<br /> thing vo cwenantid; thal the htorigagee mny al� do any act it may deem necessary to protect the lien thercrof; that the ltort- � �
<br /> gagor wilt repny upon demand any moneys pnid or disbursed by lhe �lortgngee (or any o[ the iitwve ��r��s, flnd such mone}•e
<br /> togelher wit}� �nteres[ thereon at the rate ptovidcd in snid note shnll become so much ndditionnl indebteclness hereby securcd and
<br /> mn� be includcvl in iany decree foreclosing t}�is mortgnge and be paid out of thr mnts or proceerls of snle af said pmmis'es if not �
<br /> . othrr.vise paid: nnd that Vc+rtRa�c-e shntl not incur any �rsonxl liabilih• 6ecnusr ot anythin� it mag do or omit to do hernunder.
<br /> ln tLe m•ent o( the deinult hp lfurty;ssgnr in the payment uf nny inst�llmi�nt , as r��quired by th�• '�utr• savred h�•rrhy, nr .
<br /> in the• pertortnancr ot th�• obligation in this morl4age or in th� nofe secumd ihrreby, thr :1fon�a�e�• shall 6r rntitlyd to d��cl;ire the
<br /> � debt secured herehy due and pnyahle w�ithout notire. and !he \t!,rt�;:��;ee shall 6e rnNtl��d at iLc option. �eithout no[ie�•. rither Ly itselt
<br /> or by n mceiver to be appointrel by the cuurt Ihrrn�L mid withoul rec.irrl to th<� ndc�unn• ot any �ecurite iur thr indebi`viness s�.
<br /> [vrrd hereby, tn enter u�wn nnd take pos;es,inn uf thc murt�;a�rd prrmis��s, and to rnll�•i•t nnd receive th�� renf�. issurs and prufits
<br /> therenf, nnd n�>ply the same, la�s co;ts o( uperation and co�lection. upun t.h�� indebti+inie�.s ���cured by lhic mnrtcage: said mnts, �
<br /> i:,uvs and pr��fiLS ��ing hereby nsci�nrd tr� lhe \4orteaeer ati (urlher se�curily (nr thi• pa��mrnt nf all ind�htrdm•;. .rcunKl herrbv.
<br /> The n�fortg.�gce shall havc the p���er �o appoint any agent or aCents it may desire (nr the� purp� He oi rrp.�inn�; v�id prem-
<br /> ivs: mntin�; the same; rnllectinF ihe rents, re��enmw and income. �nd it mar pay nul ui said incom�• alt �•xpense.. ineurrtrl in rr�nt-
<br /> ing and mannging Ihe came und u( collrcting the rentals thercirem. The balance rr•mainin�, it any, shall hr applie•d tuward the � .
<br /> dischar�o of the mortgage ind��btedness. 'Phis as,signment iv tn trrminate and iKrnmr noll and rnid upnn r��lrn.r ��f � hi, mnrtt;a�;r. `�+. " .
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<br /> ; The �forlgagrn may coliect a "Inte charFe" nut to f�xrnrJ Fi�•e C�•nLc 15c) for rach dull.ir (SI .W) ��f r:�rh n �inl im�nlhly .. �� N ...
<br /> paymrnt mori� thnn 15 days in nrrr�nn tn crn�rr Ih�• rxtra t•xp��ncr int�olr��d in handlinG drlinqurn� acrnwus. . �
<br /> � � All pnyments made under the pfoviSiDns o( Ihls mort�;n�;e or the notr hi�reby u�cunVi, u�hich may br cunstrurd a. inirrt•�L �
<br /> • =.hn11 not, in the agQreFnte oecr th�• trrm fhermf, �aceed the rnti• lhat mat� now Im �nwfully contract�•d (nr in wrilin�. � - - �
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