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<br />;,�%� 1. Tha mortgagor covenante and agreea ae [ollowe :
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<br />�� � a. f�e will promptly pay the indebtedneee evidenced by auid promieeory note ut the tintee and in tl�e
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<br />� '% manner theroin prorided
<br /> �'i# b. He will pay aA tazee, eaeeeamente, water ratee, nnd other governmental or municipal chargea, finee, or
<br /> d impoeidone, for which prminion hne not been made l�ereinbefore, nnd will prompAy deliver the official receipte
<br /> � thercfor to the eaid mortgagee.
<br /> c. He will pap eucL expenece ;md fcex as ma�• Lc incurred in tl�e protectit�n and mainlen+ancc uf enid
<br /> properh�, includinF the fees of an�• attorney emplo}'ed b}' the mortgagee for th�+ collection of a�q� or all oi
<br /> thr. indebtednese herr.by FecureJ, ur (or forcclosure b}' mortRaFee'e nale, or court proceediu�;a, ur in anr' other
<br /> litigation or proceedin�; nffecting eaid premiees. Attnrnucs' (ees rcaFunably incurred iu am- nther ��•aa shall br,
<br /> puid by the mort�;agor.
<br /> d. For better pecurily of the indebtedneea hcreb�• eecurcd, upon Ihr, requeet of the martgagcc, its suc•
<br /> ceeeors or aeei�:n�, he ehnll cser.ute m�d deliver n Fupplemental mortgaFe or rnorlgaFes coverinF any a�jdilionx,
<br /> intprovemente. or hettermente made to the properlc hercinabove de�cribed ;iud all property acquimd bp
<br /> iI after the dute Lereo[ { ;�ll in fonn satiafactnr�• to mort�n�ec ) . rurthrrmore. �hoidd mortFagor fail to curc
<br /> am deFault in the payment of n priar ur inferior encmnbrnnce on t6e propert}• de�cribed hq this instnnnent,
<br /> � mort�aRor hereh}� aFrees to permi[ morl ;,�aRee to cure ,uch de(aul� , ��ut mort �a�ce is nul obli�:ated to do so : �
<br /> and euch ativ;mces eLall become part of tl�e inde6tednees secured b}• this instn�ment, nuhject to � I�e �amc
<br /> tenns and conditione.
<br /> r. Tl�c ri�hte creuted by thie cou��e}�:u�cc �hafl remain i�i full force nnd effect <lurin� any� poatponement � �
<br /> or extension oi tlic timc of pa}�ment of the inJebtedne�s e�•idenr.ed b�• eaid prumi=eor}� note or anc part thereof
<br /> secured herch�'.
<br /> f. Ifc ���ill continuousk maiu[uin Lazard ineur:mce. o[ sucli tcpc or t} pee� �md iu euch amounts ue ihe
<br /> mnr��a;:ce ma}� from limc ln time mquire on thc impro� cmen�5 now or I�rreaftcr on said propert�', and
<br /> will pay prompdy when due nny premiuma therefor. All inenrance ehall be cnrried in compnniea acceptable
<br /> to mortgngee and the policiee and renewuls thereo( shall be held bp mortgagee and have attnched thereto
<br /> loea paynble clauees in fa��or of and in furm acceptable to the mortgagee. In event of loea, mortgagor will give
<br /> immediate notice in writing to murigagee, and mortgngee may make proot of lose if nat made promptly by
<br /> mortgagoq and ench ineurance company concerned ia here6y authorized and d'uected to muke payment for euch
<br /> r ]oee directly to mortgagee instead o[ to mortgngor and mortgagee jointly, and the insurance proceede, or nny
<br /> purt thercol, may Le npplied L}• mortgagce at ita option either to the reduction of the indebtedness hereby
<br /> er.cured or to the rcatoration or repair o[ the properq� damaged or deetroyed. In ecent of forecloeure of thie
<br /> 3 mort�age, or other tranefer of title to said property in extinguishment o( the indebtedneee eecured hereby, all
<br /> right, title, and intereet. of tl�e mortgagor in and to any inaurance policies then in force ehall pase to the
<br /> purcluiscr ur morl�aEre or, nt the option o( thc morl�a�ce, may Le Eurrendered for a refund.
<br /> t;. lie �cill keep all bui]dinF= and other inlpcmement� on �aid propertr• in �ood repuir and condition :
<br />� �rill pr.rmit, ca�mni �, ur eutier nu «�aete, impairment, deterioration nf eaid propertc or any part tl�err.of;
<br />�•• ` iu tl�c �•� rnt nC failure uf the mort�agor to kecp tl�e buildin�s on said premi<_ee and thoee erecled on eaid
<br /> + prerai=ce, or improvements thcrr.un, in Food repait, the mort�a�:ee may� make suc}t repaits as in its �{9scretion it
<br /> ma�' d�•em uecessnn� for ihe proper preeen•ation thereof : and tl�c full amount of each and e�'err• euch pa��ment
<br /> sh:ill be imn�cdia[cic due nnd pa�•able aud e6a11 Le �ecured Lc tl�e licn of tLis mortga�,e.
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<br /> h . He H•ill not � ohmtarih• create nr permit to be crented a�;ainet the propertc subject to thi� mortFaFe
<br />•' � :un licn or li�•ne inferior or �uperior tn thr. lien of t6is murt{�age without thr, µ•ritten eon�ent of thr mort-
<br />�? �:i�ec : and furth�•q he will keep and maiutain the same frce from the claim of all pereons eupph inr labnr oc
<br />�r� materials for constructiun o( anr and all Luildin�� or impro�•emeius IION' IlPltl�! erected ur to bc erected on
<br />�'f�; e:iid premiees.
<br />}�"" % i. IIe �viU uut rcnt or aeeirn anc part of thc rent nf aaid mortFa�ed properh� or demoli;h. or remore.
<br />��;� or snbstantiall�� alter an}• buildin� without the writ[en con�eut of tl�e mortRa�ec.
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<br />�; j. r1ll a�rards of dmna�es in connection with aur condemnation for public u�e o( or injury to any of the
<br /> fia'''���',� propertc aubject to thi�; mor[gaFe are hereb}' a==_irned and �hall be p�id to mort�:agee, �rlto ma}• apph� the
<br />�'��.s', �amc to pacment of Ihc inethllmentF last duc under said notc. and mort�a�;r.r, is herebv uutl�orized, in tLr.
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<br />�w, name o[ t6e ���ort�agor, to e�ecutc and deliti�er valid acouitlances thereuf and to appeal from a�n� =uch awnrd.
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<br /> ii ; k. The mort�agcc Ehall 6avc the right to inspect the mort�a��ed premises at an}� reasona6le time.
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<br />'��' n. Deieult in anc of the cocenanls or condition� of this inetn�mrnt or of Ihe not�• nr luan a!�rcement Fecured
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<br />�'�` IiercGr• ehall terminate Qic mortFay�or'e ri�ht to po�sce=ion. use, and enjocmcnt nf thc propertv, at the option uf tLc
<br />��==i mort�agee or hix a��i�ns lit beinF aRreed t6at the mort;,a�or �6all Im� e sncl� riqht until defaulU . l;pon anc Fuch ��'
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<br />�.�i default, Ihe mort�a�ee ehall become [he ownrr of all o( tLe r��nt, and profits accn�in ; ;dter default a� =ecuritv j
<br /> r t�tx' I for the indebtedne�s eecured I�crehp, r.•ith the ri�ht to enter upo�� eaiJ pro��erlt� fur tlic purpu�e o( collectin�; tuch �
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<br />:z_�i�£ � rcnts and profits. This in=trument shall uperate as an acsignmen[ o[ anr rental: on eaid properic to that extenL � .
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