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<br />�; ^ T.FfE _ MORTGAGOR FURTFiER COVGNANT5 ANbtAGREES:
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<br /> That the Mortgngor �will pay ,.the indehtedness� ns hr.reinbetorr. provided: � � � � � . . �
<br /> � � Thut lhe - hftirlgagor is the owner o( s�id property in Ieo simple and hxs gonrl righl and law•(ul aulhority to scll and � - � � . �
<br /> � , eonvey the same and thnt Lhe seme iw Iree :md clear o[ uny lien or encumbrnnce; und� lhtrt � 14urtgogur will . warrant �nd de(end � tlie � � . . �
<br /> litic lu said �. Uremisies ngninst the cleims of alC �peraons �whomsoever. �
<br /> " . . 'Pu pxy immediately when . rlue :uid �payxble' nll gencrnl ��tuzes, speci:d� txxes, � speciFd �axse•ssmen4a, water cliargea, newer serv- � � .
<br /> ice churqes, and . otl�er -tbxes �nd churges �Gain,t said properly, and rdl . lases Icvird on the debt secured hereby, aud tn turnish lhe. . � .
<br /> . Morfgagee, upon . rryuest , w�ith the originiil ur du7�licale. receipts there(or. � The T4nrl61i;or � a�rerv that there <hall be addeJ ln � . . .
<br /> each monlhly ��.�yment required hereunder or �under � thi� evidence• u[ debt secured h�rrrhy nn a�nount estimatrd by the 1lortgagce � � .� . �
<br /> lo be sufficienC to �ennblr. .�the��- Mortg�gee � to pay. as thcy herumi� dnr, all taxr.s, flssessments, and similar chargvs upnu . tbe prem- � - .
<br /> � � isi�s� subject Efiereto;' »ny� dcficiency � be�cause -ef lhe insufficir.ncy o[ such i+dditional pilymenis� sh.df fie for�ho•ith deposilyd by �the � . ' . � . � .
<br /> Mor(gagor wilh the �lortt;agce upon dem�and 6}' Ihe Alorlgager. An.V � lefault un�icr thi� p� ragr.�ph slisll Ur di�rrtu�d a dcfaull. in � . . " .
<br /> � paymrnt� �of � t�zes; - assessmentsr nr similar churges rryuirrd hrreunJe��c � �- � � � ' - � � - � � � � � - � . �
<br /> j � . � . � 'Che Mortgngor xgrees � thaLt}�c�re shall� also � be added� lo rnch munthly� paymr.nt of principal an�1 intcrexl requirrd . herr . . - .
<br /> � uni.icr � nn aruount estim:eled b}• the� Mortgaqce lo bc s�JFicient lo rnabl<� � thc \tnrlgagr�a In pa}�. :is it bccn�r;r•ti due. Ihc in,ur:mce . �
<br /> f�� � � pre���ium on any. insuranev {�ulicy delivered lo Ihe Mortgag�ti. :1n1' delici��ncy brcause ut lL•e iusulticiencq o[ sueh additional pny- . .
<br /> � mcnis shall he tnHhwith depiuiled � by tl'ic :�lorfgagor w�ith ihe A9ortgngce� upun demmul by Ihr Alortgagee. Any di�f�ull under Ihfs . - . . :
<br /> . puragrnph shal! kw deemed n d�•Liull in ihe pnyment ��f insurance pmmiums. ff the ��nlicy or pulicies drpnsitrd :ue such x; M�rnrv � � . � . � .
<br /> . . mvuera u[ ull risk po�i��ies. �nd lLe. depe�sits are insuflicient tu p�iy lhe entim prcmium, Ihe RSurtgager mu}' apply the depo.-it to �
<br /> � pay premiums on risk5 rcyuired lo ix� insured by lhis morigage. � . � . �
<br /> Payments made by ihe ^furtgagur midor lLe :ibovc paragr;ephs rnay, at the optiun u[ t6c :�lortt;�l;�'e, br heJd ' hy� il nnd � � � .
<br /> cummingl�•<i ���ith ulhr.r such (unds orils own furids far tlic �mymenl o[ such it.•rti=: :uvhuntil sn :�pplied, sucl� paymenis �rn hrrrhy : . � .
<br /> � plev3ged ns security for lhe unpaid bnlanrn o( [hr murt�age iudebtednr:;s. � . � .
<br /> P - 'Pu pnxure. 8eliver to. and maintnin for lhe benefit of tlie 14orlg:igce �luring thr li (c of thi; innrtgage original pulicieti xnd �. � .
<br /> . rcnewnis lhcvcr�f, delivered at le,ist ten days I�«�(orr the rzpiratiun uf :my snch pulirits, insurin(; .igainsl (ire nnd other insuraMe . .
<br /> . hazntds, caxunities, nnd contingencies as the I��tortgagee mny rrquire, in an ��mount equn! to the� - indF�btedness secured by thiy � . � � .
<br /> � Dtorl�age, and in comprnies �cc�ptable tn ihe Mortgagce. with loss pay�,ible rinus�� in [avur uf e�nd in forrn ncceptable to the A7ortqn- :
<br /> ' gee In the event miy policy is� not � neuewrd un ur bcfon�� ten d:rys nf ris vxp�ratiun. the 1lnrig:�gre mny prncure intiurance on the � . . . .
<br /> ' � imprm•ernenis. puy the premiwn tL��refor. and such smn shall b�rc.�mr �nvnrdiately dur and pnya6le with inli•rest at thc � :�ir .=.�4 .
<br /> 'j- (orth in said note unlil puid nnd shnll {x• ���currd by ihis mungage. Pailure nn the p�rL of the Alurtgagoc to (urnivl� such n�new�ils � �
<br /> . as ure herein myuired ur Liilure !n yay any 4uu�ti adcana•d herouuder shall. at lhr optiun of th�� 'riortgage�•. cunstitute a drfault . . .
<br /> ;' under the G�rms uf lhis morll;�F�. "l�he di•licrrV nf such puficivs sh:�ll. in Ihc rvent of d��fu�dl. cnnstitute an :i�signm�•nt ut the un. .
<br /> " cnrmYl prrmium. �
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<br /> . lny sums recei�•ed hy Uir RSorlg:igce b}' renson of loss ur d;unage insurrd against may bc retainvd 6y the 11nrl�agee �. � - �
<br /> �' tmd applird tuward tho papment u[ l6r dehl h�•reLy srcured. or. at the uption of the �1urtgagee. such swns either wholly or in � .
<br /> �� p:art msy be paid over t�,i the Afortgagor to ix u�ed b� mpuir auch buildinks or to buil4 ' irew building; in thrir place ur (or any , .
<br /> ? � ather pur�wse or object. vilisfartary lo the :�1urt�;�gee wilhoul ;diecling the lien on the mortgage for the (idl umnunl srcured here - �. . .
<br /> � �� bv bi�fure such Paymenl ever uwk plssce.
<br /> � 1'u prumptly repuir. reslorc or n•build nny buildings or impru��emrnt+ now ur hrrcatter on lhr. prvmixea ahichi m:i)' tx•- ; � �
<br /> =� - emne damat:ed or drstroyayi: tn keep said Rremises in crwd cunditiun and reP:�ir and (rre Irom any mechunic�s lirn nr other li��n nr .
<br /> .�: daim u[ lien nut expressly e:utwrdinated to Ihc lirn hrrruC not tn su(Ter nr pvrmil any uulawful use uf or uny nuisancr to caisl on .
<br /> said propefly n�x lo prrmif wasle un said premises, nnr In do uny nlher act u�hereLq th�• pr��perty hereby conveyed shall Ix�come . .
<br /> � � Iess valuable, nor tu diminish ur impair its vulu�� Ly :u�y a��t r, r � �rniti�ion to ac� -. t� � c�nmpip H�ith all r��quin•�n��nls �d law wilh rrspect .
<br /> � � to the mnrl�aged promises and lhu ucr thvreoL .
<br /> f- � � That should the pmmis�as ur any parl thereof tx� taken or damagerl Ly rcasun �d :�np pu6lic impru��rm��N ur rundemnatiun � . .
<br /> proceeding. or undrr the righl a( eminent dumain. ur in nny uther m:�nner, the \Turtga„ee. .!iaVl b:� ruutird tn a❑ cumpensaUons� . . .
<br /> � awards, �md m�y other payment or rrlie( lhemfur. and shall tx• entitled. at its option, io commence nppear in and prr�seeute in ili �,. . . ..
<br /> . � own mune nny nction ur procredinK, ur tu muke xuy coinprontise ur seltl���nenl in cunnection •n�ith such taking ur damage. :Vl sucli
<br /> � comP�nsation. . uwards. damu�iK. right ot nction and pnxeeds ure 6ereby assigned to thr lfortgagee. whu may. atler deducting.. . ' .
<br /> � lherefmm utl iLv espenses, mlease nny moneys se� rcccived by il or apply lhe samc un any indebtedness secured hereby. Thc ;11urt-
<br /> gugor ugteea lo execute sucli (urlher assignmenls of anV �•��mprnuiGun. awnrds. damnges. and rights n( ac�iun .ind p7r�cceds as ihe .
<br /> - : p9orlgaKee muy require. �
<br /> That in cuse u( f�ilure tu perfurm any nf ihv cuvenanl,r herein. lhe \turtgagee may du on Ihr �lorl�ngur's lrh�ilf rverything
<br /> w rnvennnted: lhat the D1ortgugee rn:iy alsn du uny act it may derm n�•cessary fu prut�•et Ihe lien thrreoC lh:it Ih�� \tartgaK��r will
<br /> � repny upon demand any moneys paid� or dishursed b>' thr il1orl�utiec for ��ny of (he :ibovc purp�K�<•s, and such monrys t��gettier a�ith
<br /> interr;t themon »t the r.�te prtrvided in saiJ note shall brcum�� so moch additian:al indebtrdness he•n•hy srrured :md mny Iw in-
<br /> F cluded in any decrce foreclosinF Ihis murtgsge and bc paid uut o( the rents or procecds of sale ot said prnmives i( nut utherxise
<br /> paid; that il shutl not lx obligalory upun lhe hlortgagee to inquirr intu Ihe vnlidity n( any lien. ancumbrunces, or daim in ad-
<br /> vancing moneys as ntwve authorized, but nuthing herein contained ahall lxr construed as nYauiring lhe �tortgagee tu advance m�y
<br /> moneys for � any such puqwse nor lo do any uct hereunder, and lhat MortKugee shall not incur any pernonal liability hernuse of any-
<br /> � thing . il mey du or umit . to do hereunder.
<br /> � In the event of the de[ault hy I�turtgagor in �hr paymenl o( any inst:�limeni , us �ryuirrd hy Ihe I�ole securrd hereby, or
<br /> . in the per[ornmnce u! lhe obligntinn � in this morlgage ur in lhe nutr� Secured thereby, the lfnrtgagee 5}18II t)P PIIUfIC(I �O drelare Ui��
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<br /> � debt secured hereby due and payaLle without notice, and �he `lorlgagee shnll be enliUed nt ils option, withoul nufici•, rilhrr b}' itcelC
<br /> � or by a receiver lo be uppuint�wl by the court ther�ro(. and without regurd to the adr�uacy of any securily fnr the indebtednrss .v�-
<br /> cured hereby. to enter upon and tuke poskession� of lhe - mortgaged premises, and lo collecl nnd mceiv� thr mnts, is=ues and prolits
<br /> lheteo(, nnd apply lhe samc, J��+s cnvfs of u�Krrntion and cullection. upon tl�e indehti•dnrce vcurod t�y this mnrlqaKP: z:�id rrnis,
<br /> � iasuea end profi4v Lring hereby assigned to the \Snr��ag«e n� furlher srcurily Ir�r the paymrnl uf all indeblodnrsv s�v�urrd hemby. .
<br /> The Mortgngee shall have lhe power to nppoint nny aqent or agenls it. may drsire (or the purpose of mpairing suid prem•
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<br /> ises: rrnting the same; cullecling the rents, revenues and income, and il may pay out o( said income all ezpenscs incurrecl im m�t- ,� . � . , ,
<br /> ing nnd managing the same and of colleclin� t6e rentals therefrom. The balance rrmaining, it nny. shall he applied towatd lhe �','+';� ' '
<br /> � � dischorge of the morlgaqe indebtedness. This nssignment is lo terminate and L+ecnme null and roid upon rclrase uf Ihis mnrlgnge � � N '"��=
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