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<br />THIS MORTGAGE IS ALSO TO BE AND CONTINUE TO BE, FROM TIME TO TIME, SECURITY FOR THE PAYMENT OF SUCH
<br />SUM OR SUMS OPMONEY AS THE MORTGAGEE MAY FROM TIME TO TIME IN THE FUTURE ADVANCE TO THE MORTGAGOR, -AND
<br />EVIDENCED BY A SUPPLEMENTAL NOTE OR NOTES, BUT THE TOTAL INDEBTEDNESS SECURED BY THISMORTGAGE SHALL NOT
<br />EXCEED ONE HU OF THE AMOUNT NOW OWING, EXCEPT FOR ANY ADVANCES THAT MAY BE MADE
<br />NDRED -nk/ENTY (120) PER CENT
<br />TO PROTECT THE -SECURITY IN ACCORDANCE WITH THE TERMS OF THIS MORTGAGE.
<br />THE NIORTGAGOR, FURTHER COVENANTS ANf) AGREES:
<br />will pay the indebtedness its hervini)efore provided.
<br />jile INIortgagor
<br />to soll and
<br />"I'lial ill(! Mortgagor is the owner of said property ill fee SiMP10 o1nd 113S 900(1 right 111(1 JIwfjII mithoritY
<br />convey the saine that the same is free and clear of any lien or encumbrance: ;,,,(I tjl�it Nlortgjigor will warrant and defend the
<br />title to said premises against the clainis of all persons whomsoever.
<br />TO )ay,ininic-diately whell due all(I ply;Ible all general taxes, special taxes, special ass( lit s wat e r ell I rges. sewe r se rv-
<br />ice charges. and other taxes . and c1l;Irges 'Ig�linst said property, 111(1 ;111 taxes levied oil tile flebt. sevured hereby. ;'I'll to furnish tile
<br />INIortgagee, upon request. Nvitli ill(, original Or duplicate receipts therefor. 'I'ln., 'IMortgagor agreps that there sliall he Mld('d to
<br />each monthly payment required hereunder or under tile VVidence Of (Icht. secured . 1wreby ;Ili ITII()Illlt (�stilll;ltefl I)Y Iho Nlortga,_,ee
<br />t�\, I)eeollle (ItI, ,Ill tjIxes. :js�st,ssoi ents. ;ill(] similar cliargo-�; t1pon tilt, prem -
<br />to be sufficient to eliable tile Alortgagee to J);'Y, ;IS 1.11 . It%.
<br />ise., subject. thereto-, any deficiency becallse of Ille insufficiency of such additional payments sh;Ill he fOrtl ith depOsited I)v the
<br />Nlortgagor with the Nlort'gagee upon (jcIIl�IIj(I I)v. the Nlortgagev. Any (h4atilt under this paragr;lpll shall he deenled :1 defafilt in
<br />lipi-cundvi..
<br />paylilent of t;Ix(1S. ZISsessillents, or similar charges required
<br />The* Nlor tgagor agrei�s ill at the're ,Iiall '�Ilso Ile �Idd(.d to eacli Illontlily payment (If principal alld-illt0r("�(
<br />under ;Ili aniount estiliMted b\1 the iNlortgagve to h(- sIIfIi(,ij,jIt to t1w NIortgagee to pay. ;I.-; it becollic,; du�. ill,- ill.sill-all.re
<br />fir . ernitim oil . iny in.,itirance delivered to ill(, NlOrt,�IV( AM' (10ficienc.v 1)f.eause (if tilt- insufficiell(w (it such V additional pay-
<br />Inents shall he forthwith (101)oSited hV thO INIortgal-or with the iNlOr tgigee lIp011. I, ' \� the Any (I fallit under this
<br />paragraph shall be . leenloo'd a default ill ill(- payllit',nt of in,,urance If tht' 1)"licy or policies tivp():�ited M-0 sticll z's
<br />owners or all risk. 't-mlicies, and the Ire in'sllfliei"It. to pay ill(- ontir(� preiniuln, ill(' _IPPIY ill(' (1`1)0-�'t f
<br />pay promionis oil �isks required to Ile illsill-f�(I I)y'this mortgage.
<br />, . t lgve, be Ill-I(I h� it and
<br />Pavillents made by the Nlortgagor under ill(, "i)(AY P -M-119 rIll),s t)ptioll of the %Iortg.
<br />C()Illllliligl(,(l with 'Otlier such funds or its tivni funds for tile payment of Such itel . ils,-and Illitil SO n(.I, jmyniviits arf- horf-bo.-
<br />pl(,dged as s.ecurii.v for ill(, unpaid b;IhIncV (If Hip nlortgag'e indebtedness.
<br />-1, ("'i-ifild policies and
<br />'!'o prociire, dolivt�r it), and maintain for ill(, henefit of the Nilorigagee tile lif(' (If this "'(1' "111,4 nstlial'Ile
<br />.1 before ill(, e%piration Of MIN' sjI(-lj insuring, ;1g,'lillst firo- and (It her i
<br />renewals iller(�of, delivered at lv�lst tell (IM it . amount equal to tile iliclebtediwss secured by this
<br />lifizards, caltialtics, lind conjillgencie,
<br />s �1,, tile N
<br />I Tortgagee rmiy require, Ili .1
<br />w N-1ol tililgev, with lo.'s J)"Iyable clause ill favor of will in forill "Iccept:Ibit. to tit(-
<br />Nlortgage. !Uld ill cOlnP;IlIi0s �Ieeel)t:ll)le top tl
<br />g(,(!. Ill tile UVC11t. :-Illy POliCY i., not, 1.ejjew��d oil or before it-,, Of its expiration. the 70ortgagve IiMV JUM-111-0 t
<br />�111(1 sliell still, sli.111 bec:yniv inimediately (Ille and 1);lynblo with interf-st ;it (It(. rale �Ot
<br />improvellielits. ji;ly the premium therefor, to furnish such rcncw,�Is
<br />fortil'in SZ,i(l nOte InItil p�ji(j :11)(I SIM11 IW St. -cured by this moriga;"e. Failun. ()It the part. (if the Nlortgagm- I I
<br />�tl-e herein required Or failure to pay any SIIIIIS ;Idv:uicvcI lierounder shAl. -it, ill(' Option of illo Nlortgogf.e. ('4,11stitutc a del:11:11t
<br />under the ternp, of this nlortgagv. 'I'liv deliverY If such poliCiC� AMU, in the event of deraillt, cm Istituto all a,��igllllwllt of ill(. 1111 -
<br />earned preinillin.
<br />Ali%, urns recei-41 by (lit, NIt)r1gag1ve hV I-v;ISOn of loss ol. daillage iii�llrvd ;ngaillst he retailled 1) , v ill,, Mor I tgag , o
<br />I jj(q-ebv secured, or, at ill(' option of ill(, Nlm-I!Iagoc, such sullis oitlwr wlmll.% or Ili
<br />and applicc
<br />p;irt lila�. 1w paid Over to tile 1%161-tgagor to be used to repair such bililding,; Or to' I)IIii(lings in their plac,, (or for :Ili.\,
<br />other purpose cor ' ol)jt.(.t satisfactorY to tho Nlortga��vo %vitimilt 11W lit,ii )it tilt- nlort:,,ag, for ill(- folli :11, 1 'MIM
<br />bv bvf(m- such 1),,ivnient ever tonik place.
<br />now i)r horcafter oil ill(' proilliSe, which Illav he -
<br />TO promptly "OlMir, I-V.,tol`0 Or ri,build ;IIIv (Ir
<br />dalliaged ordostro.\Ivd: to kuvp s:iid prvlllise�4 in (.011(lition and repair mid IN- front allY Ijlt�(.jj;jIjie's li(-n or of1wr liew,w
<br />claim of lien not 'expressly slihordill"Ift'd to tilt, lien lwreof; 11w to) suffer or perillit :111Y 1111lawfill use of or onv 111lisanct. to, -xist ('11
<br />rebo- conveyod shall bo-conle
<br />s;Jd property nor to permit wnstu. (Ili said preliliSf.." nor lot do ;Ili%' ()tile,- :let wl " wrebY the pi -01)(11N he
<br />less nor to diminish or impair its V:due bv all", act or volnis,;ioll to act: to.complY with all Ili rt,nielli s (of Jaw will -i ro-spi,ct
<br />to tilt- niortgaged- promises and tile use thercof.
<br />That slIOtll(j the premises Or 211Y P;II't thor-cof he takell oi. damaged bY 1-vasoll of an.". public impr('venlent or condt'llillatioll
<br />proceeding, Or under the rig lit Of (.jIjiIIj�IIt Or in :Illy otliel- mamwr. tile. NIort.,_,af,,vt, sliall , he viltitled to �111 collipt'll�;Itiol , is,
<br />awards, ;III(I :Illy. other payment or relief' thero-for,:and slu'll h0 ("Ititl0d. It it', o)I)ji . ()zl, to ;Ipp(qII- ill and prt)S(,ckIte Ili It -s
<br />ONVII 11111111c. action or pr'occeding, or to Make 011Y CO111promise or settlement it, COIIIIVctiOIl witli slich lakinv (or (farnage. All s"Ch
<br />I�va . rds, damages, right Of iction and proceeds an, hereby assigil(qj it) tile %,Iort,;Igv(-. who maY. after deduttill,
<br />compensation, The I()' -t -
<br />therefrom all itswexpenses, release any Illoneys so recoived by it or applY the (111 inly inclebtediws., secured hei
<br />g,agor agroes to e,,pelite such further assignments Of' mly (70111 1 - ds. danlages. and ri.ghts Of actiml'�Ind 1)"(WPO(k ;Is ill('
<br />I ellsatioll. a%%;I1
<br />Alctrtg�mgev may,requirv.
<br />Th"It it , 1 C,�lse Of failury to periorm ally Of tile COVell-ints livrein. ille Nltortgagcv may do oil fit(, Nloori,,agor's behnif evero.-thinf,
<br />so qj; tjj;jt the Nlortgague nuly also do ally act it, may dvelil jit-cessary 14.) protect tilt! lien thereof: that 1110 NlOrtgagor v. -ill
<br />-h monevs toi,,vther with
<br />repay ill . )011 dernand lily nioneys paid or disbursed 1) , V ill(, '\Jortgagt�c for any of tile In, rpf)zj(�.�, ;,n(I sit( �ill
<br />interest thereon �it ill(- rate provided in s2id not(, shall heconle so much additional indebteduess lwroh.v seciiwd 'Id IlM - v hP -
<br />juiv &-cree foreclosing illis mortgage and he 1),Ii(I ("It Of tit(- rents or proceeds (It' ;;llp Of �;Ii(j I)rVIjIiS('S if nOt
<br />lien. encuinlorancrs. (or claini in ad -
<br />paid; that, it sliall not. I)e obligatory i1poll ill(, Nlortgagee to inquire into tit(, V�Ilidit.% Of ;Ili\
<br />vancing moneYS-:1s "I)OVO authorize . (1, but nothing herein contained shall bo constrLW(I ZIS 1_0(jll i rill!" tilt' to all",
<br />moneys for :Iny such purpo.�e nor to do any act horoundi-r; and that Nlortgagee ,11all not incur ;Ili.\- persomil liabilit becallso- of ally-
<br />tllill,, it (jo Or Omit to do hereunder.
<br />In tilt, v\,ent Of tile tl(.f,,Itllt I)v Nlortgagor in the 1).lynient. of all,\ installment, ;is requirvd bV ill(- :,'Of(- sCCIII-cd herebY, (it -
<br />ill tit(. performance Of tile Ohlig;ltioll in this mortgage Or ill file not(, secured therebY, the �'\lort,:19VC lot' ("ItitIO(I to fleclare ill( -
<br />debt secured lierebY (Ille and payable wit1loot notice, 111(1 tit(- Nfortgagee Shall he entitlerl at, its option. without notic(-, either 1) , Nr itself
<br />or by I receiver to I)e appoint0d hy tile COIirt thereof. and without regard to (Ile olc1p(111�1ey of :III,,, securitY for tit(- indeht(.dII(,�zS So -
<br />cured hereby. to enter upon Mid take possession of tile Illortgaged premises, and to collect �nd receive the rents, issues and profits
<br />thereof. and nI)j)Iv tile sifflllp, less costs of opepition and Collection, upon tile indel)te(Iness sectirtd by this n1ort1,,ag(,: s:Iid 4-01ltS,
<br />he NI e as 1 rther securitv for tile payment of 'ill ijl(IVIAV(1110��S sPCUrCd IlVreh%
<br />isslies. and profits being 11(orell, Zlssi"Ilcd to t I ol t 9 lg(' - f 1
<br />'I'll(, Nlortga . gee sjl�jll 11,1\,e tile power to appoint 111Y lWent or agents it may desire for tilt, purpose (If repairing said preni-
<br />a e e �'. penses incurred in rent-
<br />ises; renting the saine: collecting tile. rents, reventics and income, :,n(I it miy pay out. of s, id incon' ;111
<br />ing anti managing tile s I 1111le 111d Of collecting ill(' rentals therefrom. 'File balance remaining. if ;11;y, _�liall he applied toward the
<br />discharge of tile mortgage indebtedness. This assignment is to terminate and become null an . (I void upon release of this mortgage.
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