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<br /> �-.r.. :1."ai�'�;I�i�ZS�liti4A4���y ��E�"�c`»�t.�i�T�i�ai��`�"C�a�Y� �'':�r'k.��u.�sy�'��L�"i4,��G."��F•'�S'iJhb2^�{`'Y'?`'�in��>.�,"' � "x'::�_.�',cb..� .���C'�'s���sa r> '�S�_ .
<br /> = - — -- —�`� -- -- d�'��'10�ti����3i��a'�,rz .rSS�' ae.taY��s . �r.-.�:
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<br /> 6. It he/ihe fa�s to P�r�nY aum or keep any cavenant provided for[n this�o�t�e�.���e Mort�agee.at
<br /> � ita ogtfon,may gay or perform the same,and all expenditures so m.ade shaf�!sa a�i��r� tc►'.?k�Qrincipal sum �.
<br /> r owing on t�e above note, sha116e secared hereby.and ahal!bear interest untiE p�sc��.�:t�e rate provide�d �
<br /> � for in the principal indebtedness. .
<br /> ?. Upon request of the Mortgagee, Mortgagor shal!execute and deliver a s��piArr��:n�t�l s�ote or notes
<br /> for tfle aurn or sum,g advaneed by Mortgagee for the aIteration,modernizayian.cr�r i�Ege�7fc�menE mad��t
<br /> the Mor#gagor's request; or for maintenance of said premises,or for taxcs or a�sess�a�ts against the
<br /> aame, and for eaiy other pnrpose elsewhere suthorized hereunder. Said nvte or n��ea:i�hal[ be secured
<br /> herebq on a parity with and as fully as if the advance evidenced therelby «��e in:tL;c?��3 in the note first
<br /> deacsibed above. Said supplemental note or notes shall bear interest aE th�ra4e prat s��2r�.:-for in the prin-
<br /> eips�l indebtedness and shall be g�y�bie in approximately equal monthly paymp�ts fa�a��h period as may
<br /> be agreed upc►n by the biortgage�a�d Mortgagor. Failing to agree on th�matuz•iE��,�����ti hole of the sum ,
<br /> � or sums so advaneed shalt be due and payab2e thirty (30) da}s aftes d�*na�n� 6y th-r. �tic�.rtgagee. In no
<br /> e�ent shall the maturidg extend beyond the ultirr3atematurity of th� note first a�sc�;�� abo�e.
<br /> , 8. fIe/she hereby assigns,transfens and seta over to the Mortgagee,ts be apFti�e�ta�v;s�d the payinent of •
<br /> t6e note and�l suma secured hereby in case of a default in the perform2�n�o`an3•a��t�:n terms and condi-
<br /> ! tions of this 3nortgage or the said note, aB the rents, revenues an� in�comp to �xa d�rf.s•e� from the mnrt-
<br /> i gag�ed premises during s�ch time as the mortgage indebtedness sd�ll remairt un�,�i�,�anci the l�ioi�tgagee
<br /> ; shall have power to appoint any agent or agents it may desire for thQ purp�ae�af:r�:tia��t1;:Q same and col-
<br /> , lecting the ren.ts, revenues and i�.a�ne, and it may pay o�at of said incorn?s all nr•,i�r:r::�:�,;commissions and
<br /> . expenses in�t�rred in renting and managing the sam� and of c�Il2eting rezt�Is therefrom; the bai�nce
<br /> remaini�g,if any,to[�z apglied to�vard the discharge of said mort�ge in�ebted�ess. ,
<br /> 9. He/ahe w� ct�tttinuousl3� maintain hazard insurance, of su��s tar�a:or types and amounts as
<br /> ' Mostgigee may from t,�me to time require, on the impruveme�t� now or he�,�ter on said premises ar�d '
<br /> ezcept�vhen payment for all sucb premiums bas the�etof�re bsen ma�d��n�z�,(a1 of paragrspb 2 hereof,
<br /> �P�►Y P�omptlq whe.n due any premiums �erefor. Ug�on default tJnQreof, ll�aztgagee nay pay the same.
<br /> All insuranee shall be caaaed in eompanies appioved by the lbiort�atg�e� er.r��the poficies and renewals � - ,
<br /> ' thereot shall be hel� Tay the Mort�sgee an�have attachai theretw iu3s pay�le clauses� favor of and in �.�� �
<br /> ! fotm accept�tble to the Mortga�ee. Ln event of loss Mc�tt�os t�ii� �ve inuued�.ate notice by mait�o tdie � .
<br /> Mortgagee,v�Ii�s may make prav�ai loss if not msde prGr.���i,�F��:si�,zt�gors rs1�J each insurauce co�pany j _ ;;
<br /> , conc�med i� fzr�tiy authorized sud direct� to make �-�.s�,;:�t �¢ su.h loss directly to the Mortgagee ;,'�`�
<br /> , instead of f�r t�Q ?4laatg�r��or and the Mortgagee joi�tlyL t� t#t�:ii�urance proceeds, or any part tdiereof,
<br /> may be applied by thQ&�'flrtgagee at its ogtion e3th�r to t:�:�ied�.tior of tbe indebtedness here6y secured
<br /> os to We sestoration or repair of�e property dam.aged. L�s evert af�f�reclosure of this mortgage,or othes , -
<br /> trantfer ot tit2e to the mortgaged property in extingui3�nm�ent c���the indeb�tedness secured hereby,all •
<br /> ; �t� title and 'unteres:of the Mostgagor iEC arx� t�v aray i�aance �a�licies tlien in force shaU pass to the -
<br /> pu�r,b�er ot geautee. ' .
<br /> �•�
<br /> � 10. As addition�►1 and collateral seeurity fo�thF p�3.yrr.er�:o`!h�nnte desci•ibed�ancl dT;snms to�ecome `�
<br /> � due under tE��,aiurtgage,the bia�t�a�or hereby assignrr.to the �LUl�t�agee aI! ��ase bo�a�, profit:�. n�rt�e-
<br /> nues,royalties,rights.2rd other�enefits accruing to the I��:�t�*a�or under any and alY aii� and gas�eas� ;
<br /> + notiv,or during tne IdfE r� this mortgage.executed�nn saiu pr•etnis�?.with the i�ight to reeeive and receipt .
<br /> � for the same and apply�them to said indebtedress as well before as after default in the conditions of this
<br /> � moi�tgage, and the Niortgagee may demand,sue€or ar�d�recorrer any such payments when due and pay- _
<br /> � ablc,but shall not be required so to do. This assignmc�.t is to terminate and become null and void �lg�on ��_
<br /> � release of this mortgage.
<br /> : ��
<br /> I 21. HeJshe ehall not commit or pennit v��..�te;and s::a]1 maintain the property in as geoci�conditior�as at
<br /> ' present, reasonable ��ear and tea��=xceptea. Upon a.er.y failure to so maint��Crn, Moi�tgagee,at its Fl�.±ion, .
<br /> may cause reasonable maintenar.ce �rork to be perforn�e�f� at the cost of Moa�tgagor. Any arnoun� �aid
<br /> , t{ierefor by btortgagee shall bear interest at the rate provided for in thc principal indebtedness, shali
<br /> i thereupon become a taai+� of the indebtedness secured by this instru.rnent��•atably and on�::parity with all
<br /> other indebt�.3ness secc;ted hereby�and shall be payable thirty (�tD� days aften• denlard.
<br /> . 12. It Ylf.�� premisea, or any part thereof, be conder.Ened under the po«��• of eminent dan�a.[n,. or
<br /> � acquired for a public use, the damages awarded, the�ri.ceeds for Lhe talcing of,or the consictcratian for
<br /> auch acquisition. to tlie extent of the fnll am4vnt of the remainbng unpaici indebtednes� secui•e�U� this
<br /> � mortgage, or hereby assigned to the Mortgagee, and shall be paid forthwith to snid Mortgagcr, to b�
<br /> ` �tpplied on aecount of the last maturing, installments oE sach indebtedness.
<br /> 13. If the Mortgagor fails to make anv payments�vhen due.or to conform to and comply with any
<br /> of the conditions or agreements contained in this mortgage� or the nvtes u•hia:h it securc�s, then the --- __ --
<br /> entire principal sum and accrued interest shall at once become due and payabl�, at the election of the �
<br /> Murtgagee;and this mortgage may thereupon be foreclosed immediately for the ���h�1e of the indebted-
<br /> ness hereby s�curEd, i�►cludii�g the cast of extending the abstract of titic� frunt tf►e date of this mort-
<br /> gage to the time of cammencing such auit,a reasonable attorney's fee, and auy sums paid by the Veterans � .
<br /> E!s!tr.ini�tr2liQn ou 2rcQU��af L�e�iQr2nty�r itts�tranre af t4te�nde#�tedness securec!he�•��y,al!QY�:�hi€h �"
<br /> ahsll be inclualed in the decree of fareclasure. �y
<br /> L14. If the indebtedness secured hereby be guarantee�i ur insur��d u�uiei•Title�3R. t]nited St��tra Cucir.
<br /> such Title�tn�i Rrp�uiations issued thereun�lrr and in ef�+•et E�n th���I;itr he•rt�ot'Sitali Ko�•f�r•n th��ri�;hts,,l�iti�:�
<br /> and liabelities of the parties he�•eto.and any procisions of tl�is ue nthF�r inst�•um��nts��x�•cutc�d in cnn�►ec•tion h"
<br />: with saicl indebtrdness wi�ich :�re inr.�rnsi�t�nt with sttid '�'itle ��r I:r�ul:�ti��ns art• he�•t�l►y un►���ui<��i t�� �,�
<br /> couforrn tlic�rctu. ' �:
<br /> z: �
<br />. 'I'h� cnvfin:�ntq h�sr��n contain�d shnfl binr�, and thr banc�fit� �n�i :i�f�•:�ttt�A�c chail in�n•c� fr�, th��
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