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<br />�� . � . fdORTGAGORS MAY � MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE OATE. SUCH PREPhVMEN7 SHALL 6E _ � � � .
<br /> � APPLIED TO INSTALLMENTS LA5T TO BECOIdE DUE UNDER THIS MORTGAGE: PROVIDED THE UPlDERSIGNED ARE NOT IN DEFAUIT . �
<br /> � AND ARE THEN THE OWNERS OF THE MORTGAGED PROPERTY, UPON REQUEST OF THE UNDERSIGNED, OR EITHER OF THEM, � � �
<br /> , . PAYEE AGREES TO FURNISH TO THE UNDERSI6NED 100% UF SUCH PRINCIPAL PREPAYMENTS, UNLESS AUVANCEMENT IS PRO• � � � �� - �
<br /> � HIBITED 8Y THE REGULATIONS OF CHARTERING AND SUPERYISORY AUTHORITIES THEN IN EfFECT. ALL SUCH ADVANCEldENTS � � � � � �
<br /> SHALL [fE SECUREU BY �THIS MORTGAGE �IN THE SAME MANN�R AND EFPECT AS � IF NO Pf�EPAYMENTS NAD BEEN MADE. � � . � - � �
<br /> 'T'3�� MORTGACOR FURTHG:R COVENANTS AND AGREES :
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<br /> �� 1'hnt tLe \tortgagor �will liay the in�?ehtednocs ns hcreinhefore providrd. . . . � � � . � . � .
<br /> , � � � � 'I'haC lhc .�htorlg�gur is thc ownnr of eaid propitiy in G�.c simple and has �:�i�xl ri�;ht nnd laatui authnritr to >cll and . � � � �
<br /> . � cvm•ey the seme and thnt t6e ,ame is frce wid cle�r o( uny � licn or rncumhrance; and thnt Alnrtgaei�r will �carrani and dr•tend �hr . . - � . . .
<br /> � title tu -wid yretmses . ugainst thc eluims nf r�ll persons whomsoever. �. . . � .
<br /> . . To � pay �immt�.diatr.ly whi�n due nnd pa)'r�ble atl gimeral tutrs. specinl l:axes, �P�•c�al ra� � .srm�n�;. waier .charges. sew��r aen�- . � . _ .
<br /> ice churge;, � m�d nther laxes and chfarges ngainst naid . proprrty, :ind nli tuses IrvicKl on ihe di�ht a��rur�Kl hereLy, and to (urnish the � . � . � . .
<br /> . .Aturtgagee, upun ns�ucst, iviih lhc uriginal or duplicnii� rrre+ipLs ihrreto�. 'Chu \1oriK��ti��r aGrers that there shall he addrd to . � . � : � . . �
<br /> E� � eurh monlhly P;4•meut . reyuired � horcunder . or undcr the ovidence of de}�t secured hereLy un unuwnt esiimuled hy lhe \forf;;agce � � _ . - � .
<br /> � to �6c su(ficimit tu enable the. Alorigngee to pay. a; ihey 6i�t•omm duc, rdl f.uf�s. iisse.;ments. und similar char;:��s u�wn thr prem . �. � � � . . � .
<br /> � isev subjoM t6emto; nnydv.ficienoy hecausr ot the insuflicirncy n! auch additinnni pnym��nls shrall he ;nrtMvith depi�siled hY thr . � . .
<br /> . � . hfnrtg�gor »�iil� tli�� A1orf�nqe� upon . dentand hy ihe . A(urfeager .�n�� dr•fatdt nnder this pant�;raph . simli hr dremed a drfnult i�� . . . .
<br /> - � paym��nt nt tazex. � assr•;sm�•iite: nr similev chari:es n•quired h��reunder. � � . � .
<br /> . . 'Phr plurtgngor ;�grr�:. that therr sh:{II :J=n be ��dded tu ench month�p p;rym��nt uf prinripal nnd in� erest reyuired here- ; . � � . . .
<br /> undrr :m �muunt rrfim�dnd bY Ihe :�InrtR+�ker. to bo .ullicirni fn rw�bl�• thr 1(orftia�;ee t�� p:�y. no it I-�acumos du�, Ih�� insucance � . . � ..
<br /> premium. nn anp in:urance puliep dc�livered tn tho lforlga�ce. �ln�� dr•ficiency hi�enusc uf the inau(ficionep oi surh adJitimi�l pay- � � . . ��.
<br /> . ments shnli 6�� (oiiMeith drpasit�•d by Hu� St��rig��;;nr �cifh Ih�� Al��rtriagec� upun drm3nd hp thr Vlortga�i•e_ Any� default undcr this ��. � . � .
<br /> ` � pamgraph sh�il! be deemed a defnult in tlir p�iytnent af iusuransn prerniums. li the Pulic,c or pali�•ies de•pa:iicJ � re cuch n: hume- �� . �
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<br /> t ownecn or �ali risk policie<. and th�e depu.itti :� rr insu(fici��nt tv pay th�r �•ntirr prcmium, thc �furtFn�<'e ma>' ❑pph• fhe depo,il tn : . , ' 1
<br /> pay premiunis on risk, roquired io be insun�i hy this mort„n�e. �� . . . . � . � i
<br /> Paymrids nwdc� by the ;ttortq�gnr undcr t6c ahovo para�raphs inny. a� th�� npGun ni (hr �1urtF:ur��. L;� hrld h}' it and . . . . � . �
<br /> cnmmingled with nlher sucli tund, nr ifs n�vn funds ior ihe paymnnt uf surh it��ms. nnd until su applird . >urh pnym��nfa nr�� herrby � � � . � � �.
<br /> "� plydqed as security fnr the unp:�id bulimco of the mort�a�e indeht�dn��sa . � .
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<br /> To procum, dr�li��er tu, :ind mainluin fc�r the b��u�•6t uf the D9uri �::i;;ee �iurin_ th�� liie oi ihi, murtga�a origin.�l polieirs nn�i � � � � .
<br /> renewals thenK>f, drliverr•d ae leasi ten days befure Ihe expirntiun nf :ai>� �uch policie�. insurin�; �u:ain�l (irr and nthor invirnhle � � � �.
<br /> "' � � h�tzarcLc. casvalties, and coniin�;encirs as ihe \Sn�tga�;��c mny nY�uire. in ;ui am��uui rquul tn lhe� , indehtrdne;a svcurr.d by Niix : . . . . .
<br /> :" �. �Inrtgagc, nnd in wmpanie�s �acmpta6le tu t}�i \IorIF3F'�e. with lo�; pa}�nble c(ause in fa��or ni :md in f��rm acceplabic la Ihe \fnrfga• � . . . . .
<br /> - gee. In tLe erent m�y puliey is nut runetisiKi an nr i�vFore ten d�rs nf it, espiration. ihr �turlu�4rc• inrn• prucurr iusur.�nrn un d�e � . � . � � � .
<br /> { .. imprm�ements, p�rv lhi� premium then•(nr, and s.uc6 sum ehall hec:,me immediati�ly dnu ��n�.! pacable ��itii intorest at the r�te �:et � � �
<br /> for�h in vrid noG� antil paid tmd slmll bv .�tiur��d b�• thi.. moritn;;e. Fnilure un the pan nf the �lorlgngor tu fiunish such rene�.�tda � . . � �.
<br /> as ;rzc hercin n�cauin•d or Lii�ure to puv nny tiums advanced h��rrur�der shnll, at 1hi- nptir�n o( th<� Murf �a�e��. �vn.titute n drfault � � � � �
<br /> undeethu trrmn of tlii, nwrteu;;e. 7'hr drli��rry of such polirie> shr+ll. in thr rv��iil nf drfnult . cun,titute ❑n a.si�;nment nf tLu um . . � � .
<br /> - e:vnrKl pC��mium. � . . . .
<br /> � : Any sunts rrn�i�•ed hy the Alurf„:i{;ee by ren<ori ul los, or dmnage insivrd a;;ainst m;iy br rc•iiiiir7�i 6c thi� :'�Inr��;agre � . . � .
<br /> � and appGwl lu�rurd ihe paymr[tt o{ �{��. ele�F.t hrn.hy �roured. ur. ut the uptiun nf ihr \]nrt ;��,^,cv, nurh �ums r•ither wholh' ��r in . . . . . .
<br /> = � pr�rt tnay be ptaid uver lo ihu D9orlgat;or lo b�• u,rd tn rrpair �ueh buildin�s a� t� , build ni•;c buildines in ❑irir �d:�re or fnr any . . . . .
<br /> � . othrr purpusr ra ob�r��t enutifar�ort' tn thr A1ur� ;;�igrr �,� i� Lout :ilicitin� tho li�•n on ih�� mnrp;:��:r (ur � h�• tull .�n:nunt ..��rured h� rr- � � �
<br /> ., � hc Lc (nre .uch p �� mcnt crrr t�H �6 pLico. � � �
<br /> 7'u prumptly repa� r. n•:;tom nr r�•LuiIJ an> bwldin�v u � muirnrrmcnts nnv: o: }u�rr;dtcr on thc prornis�•.. whicL in<n' hr- .
<br /> p: � � ' come dturuigivl ur de=trocrd : tn kr-cp aaid premises in ��r �d cnnditinn and repair nud (rri• frnm an}� mech�nir'. lirn nr uiher 6en or �. � �
<br /> ? clnim ni lien nol expres+Iy xul�nrdinatrd tu the licn hen�uf: nni tu >ufS��r ur p��rmft any md:rxful use ui nr any nuisance tn ezist on � � . �
<br /> ; snid prnpi•Hc no7 lu prnmt �ra.fv un aaid prrminre. nur tu du ;ur�� nthe� :u•t �.ciirreLy ! Fe Urupi�rl�� hrrelry cunveped xiiall b��n�me : . . . . .
<br /> .`. � '� I��tis �':du;�6le. nor tu Uitniui>h or impnir ita ��aluv Ly ;up� u�•t �� r �imi�.iun tu :u•C to rnmpir �.+�i� h nll ri�quirrm��nts ol lati�� uith rrsprrl - � . . . '
<br /> •;`;� . . fn thr. mnrt�;aked i�remirrs :uu! tlie u..r th�•reut � �
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<br /> #. . . .f'hnl s}�ould t.h�• premisrs ar am�• par� iher��nf b<, taken nr Juma:;rd hc n•;isnu n( nn�� puLlic imprncemrnt or cvmdemnaeion . � .
<br /> prnceeciin�, or under the right of i�ntinrnt dnmain. nr i �i mn� oth�v mnnr.��r. ih�� \L�rt;;a.v�v sh:ill ho rntiqed tn nlf cumpeniulions. . �.
<br /> awt�rds. xnd �my uther paymenl or rc�fir( Iherolor. :ntd tihtdl be enfitl�.ii . ;it ii : o�iifnn , !n rummrr.cr. t�pprar in an� l pr�rrs:ute in iL<. � �
<br /> a� � own name ;mr ;icliun or pnKr��diug. nr to tnnke vp� cotnprutnisu ar srttlrment in ��nnuccti�rn �.ri� h =uc}t takin{; ur d.nn;��e. AII stic)i . �
<br /> '� � compenssitiun. award,. dnma;;�-,. rir,hl n; nrtion emd pr�rrivl, are iiereh>� us,ignrd tu iFr 9luritui�e•e. �+ h� � mnr. uRcr dedactinc
<br /> thrrelrom all iLv expntues. ndeaco any money5 tin mreir��d L�� it ur apVl�� Ih�� :nme „n :�m� indebtc�dm�.c. �crur!vl hru�b�'. 'Ch�• A7urt- . .
<br /> ' � gaFur agrne+ trr ezrcute ..uch (urth�•r n=si�:nrnenic nf any rnmp��n�:a� i� �n. :ncardy dum.i�;r.. :ui�i n�'Lr. ui ncii��n and prnmrds aa ihe . .
<br /> E� � 11nrtt:�4ee mny mquim.
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<br />� �i hni. m cn.��� ui i�ftituc tu prriurm em ��i tu�. :en,�ni> L��r�•� u. . " :c,;a�<_e mati d�� nn Ilu. \t � ri i;or`; brh:�l ( evi•rrthin� � .
<br /> v� covenanted; th�t Uu'- �iuu�agi��• may :tl=u du +tnt n� f �t �nay di•em nt-c7 �_ .ip• iu pml��ct tho lirn i (u�r�.o[ thnt thr �1ort::aFor w�ill �
<br /> " n•pay upou dctnnnd tmy moncys paid cr dishursi•d by lhr \lurlg�;;ru fnr nnq o( ti��r ah� �r�• purpo.:r=. and sueh tnm�res tn4rtiicr w'ith
<br /> '' inleresl Ihcrron at tht• run• pruvtded in .�oid not�� shall ln�crvnc eo mu�h :�ddi[i�.nal md��b(rdnc.=s hen-h�� s��cvrrd and mav hr in-
<br /> . cluded in am� decrri• furerlusing tiiiv mor�q;�ge and tie paid uut of th� rv•nis nr prucred. of salr uf s:�id premis��s i( nnt othenvfne .
<br /> u paid : that it shall nut br ulili�;atury upnn ihr ?:forlyagce tu uiquin• nrfu thc r�liditp o( anp� li�•n. rncunil�,r�nrrs. ur rl:iim in ad• �
<br /> �. �•ancinR moneys as ��hoce �uith�uizrd. Lut nutliin�; h.�ecin a �nlaine�i hirdl IH� co�islrm•d �: r���wrine thr pinrtun��•e tn adcnncr :in>• �
<br /> � moneys for any �uc6 purpose nnr (o dn am� :�et h�•n�undrr: and � h:rt �T��rfga��•�• eLnll nnl incur nm' P�'rn�.�nai linbilit}' bi�cana�• r�f ;� m'- .'
<br /> thint; it ma�• rin ur mnit ln do nemundcr. �
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<br /> . ln thc pit�nt u( ihc d�•(:wft 65' �1c�rl7�at;o� in thc payment u! ,uiy insialim� nt ru : cquirrJ b� 16 .. \� d �• ,rcurrd hrtrhy. nt � +
<br />�, : in the perfom�t�ncc o( lhe ubhgatiwi in thi, mort�,agi� or in the �nutr �•cur.rd thrnb� tlie \lort�.a��. e ,hall b�• �•n� iil�•d tn d�r.lure ihn � ;
<br /> . drbt scr.ured hrrebr due .md p:�yuhle wi�liout nut�ce. awi thr \turt�etec sLnll b�• eNtd��d :�t its nptinn. u�ithmrt nu� u•e�. eith<�r by rt�d( .; !
<br /> , ur 6y �a rc��tivor, tu bn nf1l��intcvl 6}• tha cuuii th.ren(. and wit6out r��card tn lhr ad�x�uary ut an� ti«i•urity L�r lhr inde6tedne.,a M�- - - �"� :' :' i
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<br /> . curerl her'eb:v� tcf rnlervuPon :md tr�Ae puhccesion o( tho �vurteuged premi,es, imd tu rnll«�ct :+nd rrcriee � h� rc.ne,. i+.uv� nnd profits � - �y . .
<br /> � � th�•reo[. smd upply the sam��. l��c� co,l�; oP nperation nnd cullectioa u �am thr indebicvinec< �; cun•d br du, nu�n�;age, said rrnt:, � y
<br /> issues nnd pmfits t�inc hereby assigned lo ttie �Ie�riRnc��e a, further �F.curily far Hie psym��nt nt �dl ind��htrdn��>, s� cunvi h�•rrh��. � � a ,
<br /> �. � . . . "Che� Morlgagee shull hnee fhe pnw�er tv uppoinl any agent or a�ents it map de.irt� fnr 16�� purp�r�� �,( mpnirint: said prem- � �f'�
<br /> . ises: mnting . tbe smne; cullectin„ the runts. revenues anci incume and il maq p�y nut nl v�id m��un.r :i�l �. � � c�is��s inrnrr�Yl in rrnb �
<br /> � ink and managinF thc samc and o( mll��ctinti ti:r !Pid:tlY thrrcfrom. 7'hc b,ilaner rem:iinir.:;. �i ��nc .li.ili br :�� ,pli�-d �„�rard thr � �
<br />���. .. ��. discLa�gr n! tfie morlgnge ind�•}�tednr=.s. 'I�hid assignment is to ti•m:inate ;ind M•cnmr nuli ard ��oid upon rrir;s<o �,f ihie m��rv:a�;e. . . . .
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