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010723
<br />THIS MORTGAGE IS ALSO ' TO BE AND CONTINUE TO BE, FROM 11MI
<br />SUM OR SUMS OF MONEY AS THE MORTGAGEE MAY FROM TIME TO TIME 11
<br />EVIDENCED BY A SUPPLEMENTAL NOTE OR NOTES, BUT THE TOTAL INDEBTI
<br />EXCEED ONE HUNDRED TWENTY (120) PER CENT OF TH I E AMOUNT NOW OWIN
<br />TO PROTECT THE SECURITY IN ACCORDANCE WITH THE 'rER4S OF THIS IN
<br />THE MORTGAG013 FURTHER COVENANTS� AND �AGREES:
<br />That the i%lortgagor will pay the indebte(IlIvss as)ivreinlwfore provid o
<br />That the i%fortgngor is the owner (If s;li(l propurtY ill fee silliple ; I
<br />colivev fliv saille and that fll( I -ar of ajiv lien or encurnbrall( �fv
<br />sall)(1 is free and ch
<br />fille to Said agaillst the clilinis of all lwr�ons If oIllso p\10 1'.
<br />0 RIVIE, SECURITY FOR THE PAYMENT OF SUCH
<br />H(FUTURE ADVANCE TO THE ki.RTGAGOR, AND
<br />4ESS SECURED BY THIS MORT6A'GL SHALL NOT
<br />EXCEPT FOR ANY ADVANCES THI A T 'MAY BE MADE
<br />�TdAGff. . i
<br />has good right arld lawfill iltlilmritY to sell arld
<br />a If I I
<br />r hat. '\lorf� agor will warrai� I :at (I defend: I If( -
<br />o Ira.% film( ( ;lot, .\ t� lv�l t 1w "Iflo payaole 'Ili gePeral la%es, special ;I �vs. wah-l- char�vs. Sewer serv-
<br />I In tIw deht �ccurvd herel)v i1nd Jo fumish'the
<br />ice charges. and other taxe., and chill-gvs against said prolwrt.�, and all taxes I % ied
<br />Niortgage.e. upon request. \%,ill) Ilw original or duplicaf(� receipts therefor, 'I lib '\I I ortgagor agr ws filit there 111"Ill . be to
<br />VM -11 Illontilk' payllient required hen-undt-f- or under t1w (�videnc"e of debt socill fl If . vrob", iol all oulit (-stilliatt'd w. 01v %lortgagee
<br />to he sufficient to cliable t1w ,\Ioj.tg;tg(.(. to pay, as theY :becollle (Ille. all :if (I sinjilar charg(Is j1poll tho pr�vlll-
<br />ises subject. therclo: anY dt-ficielic'y becaose of the ifistillicii-licy of slich addi i I )I ill
<br />sh, he fortliwith 1(11�ositvd b� the
<br />Ajorlg:wor with III(, b�, t1w %ldrigaget.. Am. defall I toldo-l- thi., parnraph shali 1w of I . I .
<br />'pried :I df -fault ill
<br />payllicill (if fa.\o�,
<br />o -it clult'ges r(
<br />r , lljl;ll-
<br />'I'lle �,%Iortgagor ;u -n -es that shall also he added to eilch o1ollill 1% Pilynwrit of priucipa ild ifltoro I -st I-4-quired herv-
<br />Iffid"T' ;111 :'MoH[It VS61MIN-d bY Ilw '\lortgaget- to he lifficient to eflablv Hot- 1\1 I fgagi'(� to p"J.) s it I.,conles :dlw. �tlw insurance
<br />preniturn oil ally I ostl N'U'Ce polic ' v delivered to the All�- deficient -v or cilll.N'(. of Ihe fill Ifficivil", of, silch, "Idditional flax
<br />nwrit� ��Ilall h(- forthwith J)Y Ill, \Jorfgagol. with the �%Ibrlgagce ill )of lelm,lild 1;v Ill v e fill(](
<br />A 1) v hef, r this
<br />r icius irt� such as hoifit.-
<br />pa - ingraph Auill lit. :1 (j.-f;jolt ill fit(. p;lylocrit of illskil-al1cf. pl-villitillis. f the polic I P( I
<br />owner,; or all 1-iSk P0liCi0-1- ill)el tilt- d(-po.-;its are insllflicivlll� to paiv fit(, onfire p i6m. III t"il"ev Illay api 1�y` fit(- d(�posii.to
<br />pay prorniums ()if risks roquircd t6 be insured bv this niorf;;ago
<br />Pavll;vok illado. bv tilt- %lor(gagor under the abo\'i� para'raph�, inay I t im option 01, 1 w %lortgagcu. 6(-Illel(l I)v it all(]
<br />with oflit'r such flinds or it.-; own funds for 11w:, payni-olit of such it I Is, until !�4o �I )plivd, such pa�ityl`enls an', her"o,I)v
<br />as securitv for the tjjjp:ji(l of tjw Illork
<br />;Igi� indebted1w.'s.
<br />'Fo'provur(�, dt-liver fo. alid niijilitiiii
<br />I for- the lit liefit (if Ow %Iol-tgig(.(, c tirill"', the ]if( )I' his mortgage origilial ali(l
<br />ro.-nowills. (111 -n -of, delivvred at h-a,,I ton days lwfore tilt, expirafio:p of ;illN- ,;tic 11k;'ies ill�tlriwi against fire "Ilid 4)t1wr insuriihle
<br />li:Izards. caualtiv.�� alid cojjtijjg(�Ij(-i(�, ;j� the %lortgaget. 111,1Y require. ill .111 a 11 )II'llt' C(IlMl 1 0 ll� c indebtednessi I)v
<br />c I his
<br />IN' I . ort"'I'ge. and ill collipallies acc('I Aable to the -%lortg'agve, with loss payable da I� t. ill f;'Vor of 'Uld ill fol"ll to tll(, Mortga-
<br />i I
<br />9('k', Ill tilt' VVVIII InV lioli('% is flot nqwwod oil of- boforc fell da�ys of its i,xPi a ('11 the ot, Illay procurti infirance oil the
<br />'I
<br />-oV('n1PIIIS- jMy the pronlillill therefor, ,111( :1 1 1 , I I
<br />�Ilcli suill sh: 11 becollit. illillu'diii N lill, illid Will ijitcrt4t 'ill! the rate set
<br />fordo in said floto until paid alld liall h.- secured by this I-'ailur, 1`
<br />r - or I -it- If art of' tht� Niortgagor to furijisl I such renewills
<br />;i -;.are hen -in required or failkiry to pay ally sjjjjl� �41iajl. a( tilt' option od Ill, co
<br />I I I I Is4ifiltv a default
<br />linder the terin., of this niortgage. dolivt�r.v of'soull polit iv., sholl, ill Ilie ev .1 1 of: default c,witifutt. all as�,iglir'llvllf of fill- fill-
<br />carllcd prenlitilli.
<br />.-\If i v Sums by tl,(- %lortggagec bY reasoll iol loss 4w (lilmage k�urv�l agailis Ili; y lot, rvt:J::cd )v tilt- '\Iortgai't�v
<br />and applied t0\Val-d fill' IMY1111-fit of fit(- dvbt horebY secli red, of., ill the opti, 11 of ille '%Tor 9;111 A� If(' i . I
<br />'i I I s If �,m is. el t Itor whol 1Y or i if
<br />part inav bf- paid ovel- ti) Ill, %l(f:rtgagor to he w4v(l it) rop'air sucli btlil(lings I Mild Ilew III ildir gs i th(iii-, l')jace or for ariv
<br />-(- or .1 satisfilclory folil 114 f I
<br />other purpo, ohjv( to Ilw %Tortgaget, will affi.(,ting tjl(� Ii o 11 1 he fliort!" I
<br />bv bi-for ( . : 0 agf: for I'll (point secured ll(;r(,.
<br />,uch 1); tyllivill ever took I)LIL-0.
<br />'Po promptl , v repair. res"ort, of- it-bijil(I an , v boildings or iniprovoniel,,S ilo%�, (or ht:r( :Ift( oil tho prenli,:1 -if Illav be -
<br />corm. flallinged of- des1ro%ed: to ki , 'op silid pro S ill good Volldi . tion , i i i ( S. whit
<br />.11list and wpair All I I free froni am, 1110diallic's lilwor other iivn� or
<br />Claim of liell not subordinated to thc lien hert-of: not to stiftcr or pertni ixri� - unljwf�ll it �e of' or ;Ili\, riihsajl(-(� to (,Xist:on
<br />proper-tv nor to perinit Wasti, on said pronlises, nor 1() (4) any other act I oreliv tl
<br />Iv prlilwi ty heri-h - v shall beco Ille
<br />less valliable. nor tO diminish or iiiipair its valov b'y ally act )r omission to ;i(1 VolliplY wi 1111 ill I with respect.
<br />to the niortgaged premises :111(l tlll� lls(, filen-of.
<br />'I'liat shoold tilt- pri-nuse., (if, ;in.\. part 11wri,of bo talif-ii (or daniaged hY r
<br />proceeding. or under the right of cininent doinitin, (or in lily othe -r lllalllle�. fit(
<br />awards, and other payinent oir relief t1wrefor. and sliall'bo entitled. at. its 4) 1
<br />OWn lialm- any action or proceeding, or to make anY (:ornproniis or s0ftlenwn
<br />cilillpf-lis"Ition. awards, dalliages. right of action and pro(-(q�ds are hereby assi �i
<br />then-froni all its expenses, relefl-M- ally flioneys so received 1) 1 v it or apply the sifn
<br />gagor agrees to (Ixectite stich furflior assignments of allY Collipensation. awards,
<br />1�lortgagee may require.
<br />the cov(�nants: herein, the
<br />That in case of failure to perform any of
<br />filing so covenanted', that the Murtgagee may also do any ',let it 11 may cleem n(!c
<br />gagor will repay upon demand any moneys paid or disbur'sed b'y the Mortgage
<br />together with interest thereon at the rate provided in' said note shall become soi
<br />rilav be included in Inv decrec� f oreclosing this mortgage i ind he paid Out of
<br />otherwise paid: anti that Nfortgagee ,;hall riot incur -,lily pe , rsonal liability becalk
<br />In tilt, twent oI (lit- hy Alortgagor in the pa nien I. of III,,, installi
<br />y
<br />iii the performano- of the obligation in this mortgage or in the no I to sectired thelf
<br />(I(Atit secured hereb ' v due and payable without notice, and Ilie Alortgagee sliall bel(
<br />or I)v I receiver to bv appointed b� the court divreof, and without regard to fill I I
<br />ctired hereby. to enter upon and take possession of the mortgaged premises, and
<br />Ilivreof, . and apply tire sanic, less,costs of operation.and collectio ; 11. upon fill. il 1 11
<br />is�uvs and profits heing hereby assigned to the Mortgagee as furt1wr sveurity for I'll
<br />'I'll(- Nlortgagee sliall hav6 the power to appoint. ;lily agent or agents it Ili
<br />ises: renting the s.anie: collecting 't1w rents. revviiijes lilt] income, and it may pa:
<br />ing and niartia�ing the same and'of collecting the rentals thLref'rom. The bala h
<br />discharge of t1w mortgage indebtedness. This assignment is to I orminate and 11),
<br />The Nlortgagee may coll(Tt a "late charge" not to vxceed l-ive Cents
<br />lf�ayriwnt more Ilian 15 days in arrears to cover tht- extra exp('11se involved ill IIV
<br />lic iniprovenit'-ni (;r.condvinnat
<br />�Ofl of aliv 1pub
<br />,I6I.tgagc(- slj�lll : )L. to JI 11 colllpensa�fiolls,
<br />ion,; to conunclic 1. appear in allr] prosecute in its
<br />11 t�o I fillegAioniNvit I such taking of! d1image. �dl si�lc)j
<br />I'd to the i\11ortlagev. who 111;14. after deducting
<br />a ind
<br />n\ secured lierelly.The Nlort-
<br />lillll�lges. and rig its of actiffil art(] proeveds as file
<br />rtgtigee maj do )n the Mortgalio . r s behalf every-
<br />ssa�v to protect, the lien therec�; 'that the Mort -
<br />for; my of t I lie , bove purposesJand such moneys
<br />ritich additioyial� ndebtedness hf-irp'by secured and
<br />rents or procee Is of sale of said::premises if not.
<br />(ofl anythin it nay do or omit to do hereunder.
<br />111, I's by the Note sj�cure,l hereby,,or
<br />"Jort, �ilgw shall be entit . led to declare th6
<br />It.
<br />its I 1pti( it, without nofi�6, either by itself
<br />idequacy of any wcurity for th(l iii(lebtedness se-
<br />t(; coillect .1111, 1 �v eive the rents,lissues and profits
<br />eiftedness secund by this morf age; said r(4ts,
<br />pa.�Imeflt of all lidehtedfle ss sejtired hereby.
<br />Lv.desl thle purpose of r*e&irittor said prein-
<br />ouf� of said income all�vxpvnses inclif-'red in ren�t_
<br />c re . mainin g .1 if , fly, shall be a6iied to%vard the
<br />.0! -no 111111 an I vo d upon relea" of this mortgage.
<br />for va0i lolb r ($1.00) of Nich total monthly
<br />Idling dolincluoni accounts. 1'
<br />w
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