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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 OF MONEY 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. THIS MORT6 - AGE SHALL NOT
<br />EXCEED ONE HUNDRED TWENTY (120) PER CENT-ORTHE AMOUNT NOW OWING, EXCEPT FOR ANY ADVANCES THAT MAY BE MADE
<br />TO PROTECT THE SECURITY IN ACCORDANCE WITH THE TERMS OF THIS MORTGAGE.
<br />THE, NIORTGAGOR FURTHER CON7ENANTS AND AGREES:
<br />,nat the INTortgagor will pay the indebtedness as liereinbefore provided.
<br />That the Nlortgagor is the owner of said property. ill fee simple ind has good right. and lawful autliorit% to sell and
<br />convev the saini,- and that fit(! same is free and clear of tiny lien or encumbrance: and that. iNlortgagor will warrant allot defend the
<br />titiv to s'aid premises against the clainis of ill] persons whorlisoever.
<br />To pay imillediatelv when (tile and payable all general taxes, special taxes. SI)Q6,11 W�Sessniviits. water charges, sewer svrv-
<br />ice charges. and Ater taxes and charges against said property, and .111 taxes leVied On the debt. secured liereby. and to furoish tho
<br />Alortga,gee, upon request. with the original or duplicate reCeil)k therefor. The i%lortgagor agrees that there sliall he added to
<br />vach monthly payi I W!nt required liereunder or under fill, evi(leilce of debt. secured hereby ;in aniount estinlated by the 1\lorkga� ,ee
<br />to he sufficient to 'ellable the Alortgague to pay, a,; Hilly becOnW (Ille. :111 t,'Ix('s. and similar cluir.-ges upon the preln-
<br />ises subject thereto; any deficiencY becallse of the insufficiencY of such additiollif payments sliall ho forthwith deposited bY the
<br />A� fortgagor with die i\lortgagee upon demaild bY t.he iNlortgagev. Any default ; under this paragraph shall be d"('11led ;I default in
<br />1myllielit of ta\es, *aswssrnents. or similar chorges required heremider.
<br />The Alortgagor agrees that there shall also he mided to vacli n1olithly payllient Of principal and ioterf-st required li(-r(,-
<br />under an alilount, ; estimated by t1w Nlortgagve to he �llflicivllt to ('11.1ble div 1%lorjag(-e to pay, a-; it hi -conics (im-, the insimilm,
<br />premium (in any ! hisurance I)oli(-.N- delivered to fill- Mortgagee. AnY deficiencY liet"Illso of the iosufficivocY of Such additional pay-
<br />11144its sliall he forthwith deposited by tile INTortgagor wifli the vlortgagee upon deniand I)v fill- Anv default. und(-i- this
<br />paragraph shall be7deelm'd a default ill fill' payineot of insurance prelilillnlS. If fit(" I)Oli(W Or j)()IiCiP';dL'l)O,�it(-d ;It'(' SIR -11 zis 1101110 -
<br />Owners or all risk' policies, and tile deposits are,insufficient. to pay the entire promiLlo), tile IN161-1,Mel� fit(' to
<br />1my prwimunis oil risks required to he insured bo,"this mortgago.
<br />it alld
<br />PaViiients mado by th., Alortgagor under the above paragraphs illaN. at the option of tll,- N1,11,11"z1gov, be huld 1).%
<br />commingled with -of . her such fUll(IS Or itS own fullds for the payinelit Of Such iletils, nild lintil So ppplicd, mch paymeots are
<br />pledged as security for the unpaill balaoce of the mortgage indebtediless.
<br />'I'll procure. deliver to, and limilitaill for the hollefit of tile 'NIort"'I've durijig the life of'this mortgage origilial policit.,; and
<br />renewals thereof, delivered at least ton days beforo the expiration of anv such 1)oli(-i(--;. in�uriog, ;lgaillst. fire ;irtfl other iiisurd)le
<br />liazards, casualties, and contingencies is the Nlortgagee may require, in an amount equal to the indebtedness secured by this
<br />Alortgage. and in col-OlMllies acceptable to the INIorigagee, with los.� payable el'itise ill favor of in([ ill form am,pinble to the %Iort,,,;i-
<br />I -i - procim" -zinc(
<br />gee, In the vvelit. 111% poli( -o, is riot reoewed in or h4ory tell (1,; * vs of its expiration. fill- lklort,,', -,,er nm� , illsill - Oil illo
<br />irnprovements. pay thf- preinititil therefor, and such stini shall become. imillediatelY due and paylable with iliterest at fill- rate �'('t
<br />forth in sairl liole 111"Itil ]);'ill �ind shall he 4ovured 1) 1 v this niortg�igv. Failure oil the 1),'Irl Of 010 to 1111-fliSil SUch rcm-wnIs
<br />as are hervin require,cl Or failure to pay any suill., ;ldvancpd hervonder shall, at fill- option of ill(, 'Mort"';1gee. czmstifllte a defat'llt
<br />under the ternis of this niortgage. The delivery of such polivie� shall, *in the evcot of defillill, coll.'htllte all NS.14gnowof (if ille Oil-
<br />prenlil.1111.
<br />Aliv sullis reCOW(ld by rea,;oli of los (konage iosur(,d against IllaY he retaille(i hY fhe
<br />ill(, �lortgagee 1) \ . s Or
<br />and applied towaid the paylnerl( of tho debt herch.\ sveured, or, at fit(. option Of fill' �Ool gag(-o'socll suols eithel
<br />part may he paio�f. Over to the i%lorigmgor to be used to repair Such buildill"s or to huild'oew buildill"s in flivir place or ior all
<br />otlit-r purpose or:object satisfacloro., to the Mortga.geo without affecting the lien oil thc rilortgagi, for the full am000t secun-d here -
<br />1)), before such paynivoil vvvr took place,
<br />To promiAlY repair, reston- or rt -build :in%. buildiOg; or iniproveinvot, now or 1wreatter oil ill(' prelllisf:s which omy [14.-
<br />'t - li(,n or oth,:r li(-Il Or
<br />c, I awl repair aod freo from ill\ inechanic's
<br />'MW damaged or dvstro ' Ned: to keep said pI -11lises ill good coil lition
<br />cl�jilji of lien not.expressly subordinated to the lien hol-cof: riot to slifft-l- or permit allY unlawfill its(. Of or allY ollisalice to "xist oil
<br />said property tio�r to pvt-mit waste on said preoiis(�s, oor to do ally odwr act \%hereb ' v the prOperty licrob ' v conve ' ved shall become
<br />less, valuable, nor, to diminish or impair ik valut. by ally act or orilis.-;ion to �ict. to comply with all i-Cquirerneot.-;-of law with r.-spt-cf,
<br />to the niortgaged premises ,in(] fit(, use thereof.
<br />That should fit(- promist's or :in * v part theyi,of he taken or dainaged by'reason Of ,ill ' v public improvvinunt or coOdemnatioo
<br />proceeditig. or lijider the right of emillent doniain,,or in anY other ni.inlivi., tllp.,%Iortgagv(� shall he vriti(led to all.compelisations.
<br />awarf's, and ally,other payment or relief t1wrefor, and shall he entitled, at. its option, to commeiiev, apiwar ill ;jIld pro�ecute ill its
<br />own naine ;Illy .,'.IctioIl or proccedilig, or to 111,,11je jllj\- coinpromise or settlement in C011ll(?CtiOl1 Willi SUCII 1.11�in_or flailla"e. All such
<br />Compensation, aivards. darnages. right (if action alld IM-OCOP(IS .11-0 hereby ass;,-,tiecl to the %lortgagev, who ina ' v. ;ifter doductiii,
<br />therefrom all it-S;e\I)vllscs, rele:jsv any nioneys so received bY it or apply the salile or] anv socured herebY.'I'liv \f(irt-
<br />gagor agrovs to i�xecute slich further assigriments (if ;lily comperi�atioo. a\var(k',.danlaVvs. in(] righk ofactiori iuid
<br />INjort,agev may 'require.
<br />'I'li:i( in case of failure to perform anY of the covellants ller(�ill. tile -Mortgagco may (to oil the \Iortgagor's bt-half evurYthiiig
<br />�0 COV0111111ted: that t1w INIort"'I've may ;]ISO (to ally act if IllaY dueni flecessary to protect fit(' lien thereof: that the '\Iortg;wor will
<br />repay upon dvinand any monevs paid or disbursed bY fill, N tort for ally of the ahove porposes, and soch mom, ' vs together with
<br />interest, thereon at tli(- rate provided in said riot(! shall beconle so 11111ch additional im 1(�btedllcss hereh ' v sectired and may* ill, in-
<br />cluded in illy decree foreclosing this mortgage and be paid out of fill, rents or procceds of salt, of Said prenlises if riot otherwise
<br />paid; that it sliall riot. he obligatory upon the I�Iortgagee to inquire into tile VlliditY Of MI ' N' h0o. V11CUrnbratico.s. or clailil in ad-
<br />valicing Inolleys as above authorized, but nothing herein contained shall be collsti-Iled as requiring fill! '%Iort,,ag(-(, to ally
<br />moneys for ,illy such purpose riot- to do any act hereunder; and that i%lortgagev shall riot incuranY persoiml liabilitY beemuse of all ' v -
<br />thing it. maY (to or omit to (to liereurider,
<br />Ill the event Of tile default I)v 1\1ortgagor in file paymont Of any installment. is required by tliv Note secured herobv, or
<br />in the performan6e of tile Obligation in tilis niortgage or in the note secured therebY. fill, �Mortgagev shall be (�ntitled to declare the
<br />debt secured hereby due and payable without notice, and the iNlortgagve sliall he erititled at its option. without notice, either bY.itself
<br />or I)v a receiver to be appointed by the court, thereof. and without. regard to fit(, adequacy of any security for fit(.- hid(4)tvdtwss su-
<br />cured hereby, to enter upon and take possession of tile niortgaged premises, and to collect in(] receive the rvots, issues arid profits
<br />thereof, and apply the ,nmv, less.costs of operation and collection, upoll tile indebtedness, secured by this mortgage: said relits,
<br />issues and pr(if
<br />being hereby assigned to fit(- Alortgagee as further security for file payment of all indt,I)N-doess secured herebv.
<br />'I'l i e Pvlortgagee sliall have tile power to appoilit, any agent. or agent,-, it may desire for the I)iirl)o,(, of repairing said prem-
<br />ises; renting the sanle: collectilig thi� rents, revenues and income, and it may pay out, of said income all expenses ineurred in ront-
<br />ing and managing the same and of coil( * �cting the rentals therefrom.. 'Fit(. balance remaining, if ;illy, shall be.applied toward ill('
<br />discharg(- (if -the mortgage in'debtednes". This assignment is to terminate and become mill and void upon release of �this mortgage.
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