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THIS MORTGAGE IS ALSO TO BE AND CONTINUE TO BE,' FROM TIME T) TIME, SECURITY FOR THE PA YMENT OF SUCH
<br />SUM OR SUMS OF MONEY AS THE MORTGAGEE MAY FROWTIME TO TIME IN T�E FUTURE ADVANCE TO THE lo�16RTGAGOR, AND
<br />EVIDENCED 13Y A �UPPLEM ENTAIL NOTE OR NOTES, BUT TH�E TOTAL INDEBTEDI, ESS' S�C'URED 'BY THIS MORTGAGE SHALL NOT
<br />EXCEED ONE HUNDRED TWENTY (120) PER CENT.OF THE AMOUNT NOWOVIINd, XCEIPTFORANY ADVANCES THAT MAY BE MADE
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<br />TO PROTECT THE SECURITY IN ACCORDANCE WITH THE TERM'S OF THIS MORTGAGE.
<br />THE IMORTGAGOh 1-�JRTIJER COVENANTS AND AGREES:
<br />tit(! Nlortgagor will:Va.v ill(, indebtedness as herviii'l)(40re providdid i
<br />m
<br />'I'llat ill(-. INfortgagpi- is Qie owner of said property in ft'�(, simple am has!goorl: right and lawful atltl'it�ofitv to sell and
<br />COnvev ill(! sanle lind that the same is free and clear of ;lit% lien or encurnbranc and'that Nlorfgagor will warrallit and defend tile
<br />tifle to said prL'IniSVS �1,MillSt UW�CI;6111S Of ilil I)erSOnS wh011isOever.
<br />'I'o pay immediately when diw and payable ,ill general h*Ixes, special t m:.s. �pccial � Is's e -%lllellk, waler cl,11a rgo�s, SeWt1r!4('I.V_
<br />ice, charges. and other kixes and �4nargvs against said property. aild all taxes (;It ill(, dchl z�j�ctlrvd lwrobv. :111d to furnish illo
<br />.\Iortgagev. upon request, with t1w original or duplicato reveipt-o therefor. 'F te N161-tgai"or agro-cs� 11mi fllvr(� 11mil I)e adcled to
<br />v:ijb montlil.% payment required ll:eretmder or under the vvidencr. of debt serl 1.141. aillount e,-;lillmtc(I Joy. ill,,
<br />to -ho sufficient to ellable the ilk 1);ly, ;IS 010Y bIT01110 (Itle, ;111 t;IN ;. ;I�S( ! :111 (1 ��inlil;lr 11 i)oll the
<br />ises subje(I. therelo; any deficielic'y becallse of tilt., insil ificiencY oi Such :Ifl(li(i( IrM pil.%menk shWI 1w foll1with i(!" -posited 1) v tit('
<br />%16rtg�igor with tit(, 'Ilortgagvf� li:poll (IcIlland Iw' ill(- �Mort,_,agee. Aliv d"f;lIll 1�nd(�r thi.� 1w :I
<br />payment of t;lNe.;, IISIW.�slllenk. or similnr chaigvs roquired Iwicliind(-r.
<br />'I'lle Morigagor agrv(,� Iftal thel". simll also he added t o cach Illolith v pav'nlolll ,I pril'(1p;I1 ;frld jflh,ri��t r-cquin"i �ler(
<br />Illider an aillount, c.stilliated bv ill(: to Ile sufficielit to ellable the M( r to v)a". it 1),�collle�; d,W: dw 111:4111"wic"
<br />pr��lllilllil oil ally ills-tirance policv 'dolivored to tile .\It\- deficicncv I of ill(- oI �11(11 'ilddilimm] 1)�IV_
<br />f It 1111der Hiil�
<br />Illept., shall b�� forthwith depo.,4itc(i by tit(. Nlortga.i"pr with tilt, uporl t-111�1'llfj Iok� Ow Mol -h-,;1! \11%* e, :111
<br />paragr;ipli shall he deellied :1 defal I It ill ill(. p;Ivillent _,,t' insurmwir I" lit- imlic.-l- ,r po�ici'.., (1"po�ih-d :trl- 'llch ;I� hollik
<br />1, 1 1
<br />ovmers or all risk policies. and lll,�, ar,, in';lIfficient to ill,- ('11til" 11, �Tllidnl, ljlo�. illav
<br />pay promiums.on risk., ri-quiw(l t( he illslifed h%.
<br />Pavillelit"'.111ade I)v Hit- ;\-Iorigagor under f1w almv,- pzir�i�_,ntplis may, d th,.: opii'll) o! IIw �2)" IwId hv i! :11ld
<br />colunlinglod wilh other slit-li fillirls: or its owil fmld� for f1w 1mylili-lit of such itmi ;Ir )d 1111til �114'11 p;v�llwlll� ;)re Iwroh.v
<br />pledged ;is sectiritv for ill(- 1111pnid ot ill(!
<br />illd(-bt od ill
<br />'Fo procure, doliver to, aid in;iinlnin for ill(, honclif of III,- Mort!"w",-(� d mill:!� tilt- lift- oi Jhi,; olligill:11 polici— :111,1
<br />runv%vals thur(-of, delivc rcd ;it k-11 rl;i%s I" fore tho oNpiratio'll Of :111v '11cl ill��klrirl! ;1!1;lilllt iin..;Ifirt othor iil,umhle
<br />hazards, V;ISLI1IIfi0S, ;Ind contingciicie.�; as tilt- Mortgagee niny require, in an W! OUII� e(JIMI to tilt.' illdebtedlipsi �ecllpql bv this
<br />Mortgage, and in conipanie�� ;tcccp:tahIt- to ill(, Nlortga!,rco, vith p;lyahb. clal - i'll fw'onof ill f"rill acct�pl�llllo to III(' Mort,_,n-
<br />gee. In ill(' (-vent, an , v polic-Y is 116t, n -m -wed (oil or hpfor,� l(.11 da�.s of il� rxpir 11 llmY procurd ijl�lmmc(. ,It th'.
<br />improvement.s. pay tit(, pro-miuni'dwrefor. and �;llcll suill hecolic illill'I'-di:11 NMI %�itjl int(�lo�t :11 Ilw r;llf�
<br />forth ill -;:Ii(i lioto lintil paid alld �Amll ]w :�,-cllred In -tlli� Failure Oil i if, pkrt ,f 11w 'Mort.-.1j."or to jill1iiAl S . itch lellf,-,�11.�
<br />as are Iwi-ciii required or faililre 16 pay ;illv surn, adv�lflct.d 11clellild(.1- �11;111. :it t it, qpl;oo 6; dw del;mll
<br />under tilt- ternis of this �Flw delivery of Sir(-)) polici,�� slihil, ill tile 11 of�defalfll, coli'titok, :111 ql�1,411 rlwil! '11, the lilt-
<br />f::11-1led pronlillill.
<br />A it , v stillis receivoll hY tit(' %lorig'ago". bY rea,oll oI lo.�, or it ill"; I lwtv ho ro-1:611i'd 1,�: 11w M,,lt,��:I.-*,�,�
<br />and appli"d loward ill(, paytilen6o.of the df.h( hel-ehv or. ;it ill(- optif 11 of d1f. Morl��;lgit-, Sll('Il sllln� or lit
<br />jl�;irt maY he Imid ovvr to ill(- M(:rtg�lgor to I)(- llse(l to lopair r I o I hijildim�� it) theiii jlkic-- or for :lit-,
<br />other purpose (or object salisfilvlo'l-Y to tilt. without aQ(.(-lilw dw lit it orl tho for Ill.- fill] mil:,1111f seclin-d 11,11 -I. -
<br />by 1wforo such payment to()1,7
<br />'I'o promptlY rt -pair. rvs�'orc (it- rebuild :111Y lollildings (,:I, 11111WOVoIll(.11 '4 nov� or ('11 the vilich In';]Y be-
<br />(4mic (1:1111aged or destro.ved: to L�-ep 'aid pro'lilises in ;,,00d colldi:(iori alld repni r rod ;I ret- i imil ;tit.%- mcclmnic'c4 f3l. 011111-1 lit'll 'IF
<br />clailli of lien riot expressIly subordbullo'd to ill(' lien llcro-of: ?lot to suffer Or porn i� all� IlIlI;�%vIIlI list- Of or am. Illikollu" to c:\ist ('11
<br />said property nor it) perinit wast! oil said promises, llor to do a'py tolh,-r act'\ -1 ��-reb' thtpropo:�-I� herchN, shall Im,conle
<br />ilupair its \,;lilt(. hv aliv act or omission tO ;lcl: I N%ith :111:rvquirotile I it of ];I% %%ith ri-41iccil
<br />less valuable, nor to diminish or
<br />to tilt, mortgaged premises and thti Its(. thereof,
<br />'I'liat should the prvniist-.-;. or :in-%, part lhvri�of he t;d�oli o;r dallm!"ed I)Y r -aso!l of allY pohiic I Ill 1) rovelliell", -or�('011dcllllullioll
<br />proceeding, or under the right of 'eminent domain, "or in in.%, other manner. ill( lortgago(- ,hall ho elitilled to 1111� com jwjl�at iolls,
<br />alwards, and any other payment or n -hof therefor, and shall be e irtitli-d, at its o I ioll,:Io cololo011Uk., Npiwar in mfd proset�utk� it) its
<br />(AVII nallie all ' v action or proceeding, or to make anY compronm< (- or settlement n connection %%Ill, such taking oi- dallmg(.. A]I slich
<br />compew4ation, awards, dallinge." �iijlt of action afid proceeds ai;e herebY assi �i ed io (lit, Mort . gague, who ola(% aftcr (h.ductilig
<br />tl�*crefrom al.1 its expenscs, relvase'ally Illolleys so received bY it Or appl.v the swi oii ;lit.%, indebtediless m -cured 'I'll(- Mort-
<br />igi)r agrees to execute such furtlier assii:nnients of anY compensation. mvar(U Inimwes, and ri�',Iits of action a�id:prnc(-(-(f., a:� the
<br />Nlortgmgee require.
<br />'I'liat in case of failure to perform all , v (of the covenalik ho'rcill. the Mor gmgeei�lllay !I,) owthe �\Iorigagoy", - -hch;df everythilig,
<br />So covenanted; that the Mortgage
<br />t. Illay also do ally act it may d(:V111 IIeCVSs;Iry- o
<br />J)r(itevt ill(- lit,il that 't,he Morigagor will
<br />repay upon demand ,illy nioneys paid or dishtirsed bY ill(, Mortgagov for any of I he ;ibove purposes, and such nlo,'ney., together with
<br />interest thereon at the rate provided in said nute shall become s . o much jid(lit 1 0: 1 a .1 indebredness livrob.v secureil and maY he ill-
<br />cluded in any decrue foreclosing Otis g
<br />g niortga,,c and be Imid out of the rviits or roc(ieds of said prvlllisij� if-liot other-ovise
<br />paid: that. it sliall not be obligat(;ry upon the Mortgagee to ill(lifiry into ille vplidit�; Of ally liell. oncillilbrallce'' (It- claim ill 11(1-
<br />vancing.nioneys ;is above authoriz.'(1d. but nothing, lierein contained shall Ill- cot s.rued is requirill, lilt- Mortgagc"t; to advanct. am
<br />nioneys for. any such purpose nor !o do any act hereunder: and th.at Mortgagee ;11:tll riot inwir ;mv pcn�ollal liabilltv hecatiso Of any-
<br />tliinf� it. may (To or ornit to (To lier(;Under.
<br />Ill tile event of tilt- defnilt by iNfortgagor in tilt, paymeirl. of aliv insta h�lcllf. as required by tit(- Note :vcured livrehy.
<br />s 01'
<br />in tit(, performance of the ohligati'on in this mortgage or in ill,, norie SUCtIre
<br />i -d ill( reby, ill(, vlortgagev shall be vntitIt',(1 to declare tho
<br />(IoAA ,ecured hereby (III(- and pay'kble without notice. and ill(- Nloftgagee Shall hi, lititt ed at it., oj�(ion, without llotlice.'either by itsell
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<br />or by I receiver to be appointed by ill(- court thereof. and witholl't regard to thp iciv(piacy of ariv securitv for tile indebtecilless se-
<br />e
<br />c�irvd hereb,., to enter upon and �takv jwsscssion of tire mortgaged prernises at d�, to collect and r,ceive the rents.' issiws and profits
<br />thereof, and apply tile saille. less"costs of operation and collectio . it. upon the in( jeliU �dnvss secured by this inortgage: said rents,
<br />issues and profits being hereby as"It'lled to the Nlortgagee as further securit.N: for 11, , imyllient of all indebtedness s(Ic'rlr(:d liereliv.
<br />'Flie Nlortgagee sliall have tile power to appoint any agent -or agents it "I'lav desire'for ill(, purpose of' rolniiring said preill-
<br />ises*. renting the same: colleclingAhe rents. reVelill" I'llid illcolmt;, and it ma.v pay.out. of said income all expen'ses' incurred in rent-
<br />ing and managing tit(- ,;,line and -of collecting the rentals therefroln. IF lic. bal, I I I , ce' ro: . �rrrainhig, i . Vany.'shall he dppl . ied IoNvard tilt,
<br />di'scliarge of the.mortgage indebtedness. This .;mignmvnt is to terminate and 1.k-orrre null and V;oidupori 'relea-4. of , mortgage.
<br />tlii,
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