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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 MORTGAGE SHALL NOT <br />EXCEED ONE HUNDRED TWENTY (120) PER CENT OF THE 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 NIOR"PGAGOR FLJR'1'l-1ER COVENAN'I'S AND AGREES: <br />That the Nl,,rtgagor will pa.v t1w indi-litechiess I-; hvreinhofort� provided. <br />'I'llat tit(! Nlortgagor is the owner of said property lit fee sinilAe and has good right and lawful atithorit ' v to -�oll 'Ili * I <br />convev tit(, saille and that tit(, saniv i., free and clear of fill\, lien or enctimbrance: and that Nlortgagor will warmid and dofendA110 <br />tit]v to snid proillises agailist the claims of all persons whormsoever. <br />'Fo pay . irmilvdiately When due and payable all general fINC�S. sjWCi:II NINPS. Sek-"or �4i,rv- <br />ic(� charges. and t;INeS 'Illfi ('11:11-geS 2gainst :.-;,fill property, and all t;lx" leVied off thO d0hi st-CUred hurebY. :Ili(] to furnish:the <br />Niortgagc(,, upon �vqtiest, \vith the origJiml or duplicate recpipts therefor. illortgagor agi-ces flint there shall he added too <br />vach monthly pavinent required livrounder or under tit(, evidence (if deht, sL'Cltr(.�d horebY fit aniount cstiniated hY tilt- NIor*tgag(-(- <br />.to he sufficient to onablo tit(. Morhagow (life. all taxes, assessloClIts. �Illd Silllil;ll- CII;II;,Vs 111)(111 tilt' I)rClll- <br />.- g to pa� :is theY he( <br />lises subj('rt. tlwfi�to; :111N. doficiellcv hfq.aliso of the insufficieliev of such 11(l(litional pnymcnts shall lit- forilmith deposited hy Ille <br />'i\lortgat,or witif tit(. N <br />lortgagev upon demand by tit(' 'Mortgageo. ArIv defailit under tlli-� par:lgrapll slmll ho ficrillod n defauh ill <br />payllit'llt of taxbs, ;IssvSsTII(�III.,. or similar charp's required hervillider. <br />'I'lle ,\I.ortgaor agrees that Illere shnil, also be nddod I(, each 111(int-111Y payment of prillcip;ll and inton-st n-quired 1wre- <br />lindvi- ,fit aniount estimated bY tit(- Nlortg'agvo to) ho sulficiolit to emililf, tit(, to pay,- ;is it hec"llics (111c. tit(' insurnlivF, <br />promium oil any itisuranc(� policY delivered to tit(, 'Oortgagee. Ali , v deficielicY he*L-allst� (if the ill.,lifficiencY (if slich additional pay- <br />nivnts shall he -fort hwit It deposik-d bY the "Mortgagol. witil tit(. upon,delliand bY the :%if.%, (1(4�iult ujid(�r this <br />par;igraph shall he deeined a derault in ille payttlent of insurmice promiums. If Ih(,- polic ' v of- p(dicies dejm�itvd are such :I, hom— <br />owners or all risk policies, ;Itl(l file (leposits �Ire ill�uffiriejjt to pay the entiro �profoiolo, t1w Nlortg�'Igec Ilmy �Illpl.v the dcpo.,;iI t(i <br />pay ri-dis rcquired to he in.�urvd I)y thi.s flioltgag". <br />p;-I.vIII(.IIts Illafle by tit(, '\Iort!!agor mider tit,, n1mve pamgraphs nui v. at tho liptioll of tit(- Mortga!"",% h.. hc[d hy it �.Ind <br />(-ollllllillgl(.(l with other ,tich funds, of- its own fillifis lot. Ille paynit-fit of such items, and Illitil So applicd. slich payllwills are hcl�rlilv <br />plcdg(�d as sucurity lor tll(� millaid halalice of,the lnortl�ag(� illdobtedfws�. <br />'Fo pi -m -Lire. dt-liver to, :tit(] maintain for flip lu-nefit of tilt- %lortgai"oo (IIII-ing, Ille life (0 thi�� oiortg�igc owigin;il lmlicii-s inid <br />renowals thor(-,if, dvIiv(,rP(I ;It IV�ISI tUll d;ivs befo,ry the (­,pir�lllml (,f allY ,�Ilcll polici(-s. insuring against Iin- and ,ther instir.%thle <br />II;I7.;Ird." casil"Ilties, and contingencies I,-, tit(, Alortga.,gee niny require, fit ;Ili ajrI0LIIIt e(ILII1 tG� tile iIId0ht('dIWS1 SeCtirod by this <br />.Nlortgage, �111(i ill L'01`111)�Illies acceptable to Ille %lort."'agve. %6111 Ins's payable clause ill fx'orof and ill forni acceptaldc to 111'. <br />"ve. Ill the event, allY ImlicY is not renowmi ('11 or bof,,re N-fi ci�i.vs of its expiratiml. the procuri� <br />improvements. pay tit(' preminin 1herefor, and such suill skill h;-c�mw imillefliatelY d1w and payable witil illio�.n.st ;11 th'. <br />fol -Ill ill szlid lloW lintil paid mid shall k. si-culvd bY this Failure ()If Ilw pitri (if [he Io furnish uch <br />ns art- hort-in rt-quired or failim, to pay :Ili * v su , ills ndvaiiccd iwr(-uIld!-r ;it tit(, ('ptioll if Ille ;I (11-kililt <br />�'l , ' 4 -;Ll('Il polivios �hall. if) tit(- evefil (if def;luh. consfitilO. ;ill <br />1111(jor 111.� loi its of this nmrll,�1_10. 11W dldker� <br />eoriwd promitlio: <br />Any reuvived h.\ tit,, �%I(,rtgng-- bY ro;ismi if (-r dmiiag-- insured a,,aiiII f1my ht. b�\ ilw <br />;md ;Ipplicd tyw;-Ird tho pa�llwlit (it till' dcb� I'l cndi.v urillvd, or. :11, till- option (if Ilic Such ,ulns citlicl. v. Ivilk. "r ill <br />part ma -v ho pnid over h, thil Morhgagor to Ili' il�;(-d to r(-p�iir such huildings-or to build'iww buildill!", ill f1wir 1)1:1(.( , " r kir :mv <br />otlior purp,iso or object ��atisf;iclor.v to fit,, �Nfi)rtga;�,tw wilimilt alfortiiirl, dw lioll ill ille oj,irtg;o,,,, J*f)]- Ow full :11Timmil �,�run-d ll(-:,- <br />bY hof,)r,� skich' j-;a.%nient ever took place. <br />,1,(, v rvpair. reston. ill. n-huildallY litlildill"-, Or IIIII)rOV0111c.lils now jr ('11 Ille %�hich Ina vJ".. <br />come d;miag(.d'J'r dv.Aro.ved: to ke(�p s;6d pwmi.�(-s ill good condition ;[nd repair and froni�m , v mcclianic's lien (,I- iit'­r lit'll (,I' <br />claim (if lion llo.t expl-csAY subol-dilmlo'd (o the Ifell lion -of: Il'it I') sliffer or jwrioif an ' v unkiwfilll'll�;(- (4 ir mi\ 0, oxi,l, (m <br />said properiy -it iw to pt,rinit %v;lste ill said jjlomise�s, Iwo- To do ;mY other act '%�-hrrebY the proj�)vrf.v hcrch.v c.,IIvc.vf-d sh;ill I-conit, <br />lv-�s valuable, ]lot- t(, difiliflWi or impair ik bY :III,,- �wl m. qillli�:siml to ;Icl.. to complY with all 'il Iay., with n�sp,ct <br />to Ow mortgaj,,i-d premisos :Ili(] Ilw iiso 11wrool. <br />�rllilr isllojil(l Ill(, pr(qnlses tit- any part th:0r(­t' k� taken (,I- dallia!'-c-d I iY reasoll of all.N. public improvt-ment (,I- cmidt-mli:iJimi <br />procevding,. ot'llilder tilt- right of ('111ilwilt dolimili, of. in an * v ('11wr Illatiller. ill(,* '01-11ga!"ce shall ho elitilit-d to ;tli collljwll�;Itioils. <br />ay.-a,ds, and JrIly ollit-l- paylli(.111 (.I- relief thort4or::Illd shall Im, plititled. at, its *oplioll, to c( aill It( 'Ilce. app -al. ill and ill Ill.,; <br />"Wit M11110 "MY actioll or pruce'-ding. or to make aw., compromim, of' settivillelit if] connection v.ilh such Inking (,I- d;jnm,,,o. AlI soch <br />cinilpolisation'. awards. dallla�_I's. right of action and prorerd,; nro herebY ;I,­-;i;11lw(f to tit(' ',vIj(, Illa , v. aricr df-fitictint, <br />therefroln all its vxpellses, IvIv:Ie allY illolleys So rvc(�ived bY it of- apply Ow 'sallw till ali , v illd,.btedllc�4, s' -cured licichY. 'I'lie %Iort- <br />gnu.lor agrec.1; to (�X(-cjjf(� furflior ;Issi�,-Illlwllk of aliv collipolls;Ition� ay.-ar(k, (humu-'es, and rights of action alid pr(ic'-o(k 11,.� 1ho <br />Nlortgagve Ilmy requin': <br />'I'llat in va.,w (if faillire to perb,rill allY of thp cm-ellants hen -in. till. 11111Y do ('11 tit,, v%crythilig <br />that tit(, illay also -do allv act if IllaY dvoin jicce.,.�;ar , v to protect thc Ii '�n theroof: tivit the \I,)rtg:igi,r -,,vill <br />lepay upoll doillarld ally illoll(, ' vs lgii(I or dishursed 1) ' v Ilic '\lot-[ �igv( hir allY of the abovt,' ))if 1-1) " and such molli. ' vs toi!,,(�j her \� i t If <br />illt(,r(.sl, til(areoll ;it t Ile rate provided ill soid note shall bei"mile so Illoch ;Idditional ill(b.litcollifISS herob " v secured :md nia-v I)f-:in- <br />cludoff ill 1111Y devrep forv(,'IOSiflf� thi., moriglage and be paid out of the rents of'. procee(k. of S;Ilt, of -;;fill prenlisus if not 'ithen%ise <br />paid: tjI;jj it oot he obligatory upon tit(, ilortgagee to inquire into tilt! validill ' v of' fit lion. i-ncurnbmnci-s. or v1:6111 ill ad, <br />valicill, Illolloys as above aut floriz(.([. but nothing hercin contaim-d sliall be construed is requiring tit(- Morigage,- to) �Idvallci. ;mY <br />rjoileys for anv*such purpose nor to do :Ill%, act liervillider: and that Nlorlgague �Ivdl not izicuraivv personal liabilitY of an.v- <br />thill", it. III.iY do or omit to do hereunder. <br />Ill the (,%:(.ill of till- dvi'milt by Nlortgagor ill the paymmif of :if)\' imitallnient, as requircd by the Note sccur(-d lwr,4)v. (,I - <br />it) tilt- perforniAnce of tit(, obligation ill this or ill the note secured therchy. tit(- Nlorigaget, Simi] he I'litill,qI to d"clare the <br />(Ick secured lion-bY due and payabiv without notice. and tilt- Nlorigagec shall he elltitl(-d at its option. witImut imtico% either bv itself <br />or by :I ruceivior to he appointed 1) , v the court th(Iroof, and without regard to 11w adecluncy of Ili ' v securitY for fit(- ilidebtodiwss s­ <br />ctired hereby, t -o enter upon and take possession (if the illortgaged premises, and tit colloct ,fit(] roceivc tit(- rcnt,�. issuo.s fit(] profits <br />thereof, and apply tile s2rile, less costs of operation and collvction. upon Ow illdehtednv�� secured bY thi.-� Inortgage: said rents, <br />issucs and profib; being hereby assigned to the Nlortgagve as further securitY for the paynivid of all ii.1debtediless seclin-d lierebY. <br />'Flit, INI'prtgagee sliall have.the power to � ippoint, any agent or agents it. may desire for the purpos(, of.repairing -;aid proill- <br />ises: renting ill �! sarne: colleviing the rents. reveimes and income, and it may I pay out, of said ill . voniv all expenses incurred in rent- <br />ing, and lllalla,�ing tit(' salm! and of collecting tile relitals ther(ifromi. 'rhe baJance remaining. ifany. sliall'he applied toward tit(, <br />discharge (if file mortgago intlehtedness. 'Flii,� assignment is to f(�rniinate an(f beconle mill and \-oil] upon relvaso of this mortImlZe. <br />