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<br /> . =:�� ..�� .. , ' � � � � 92--i47259
<br /> �` °`:�} ' 6. t!hehhe t�ih to p�aoy a�am os�eep aqy cawc�nt pc+aRldea for ia�mortp�fhe�tottp�ae.�t� - _
<br /> '�:s ��<,: its opti�e,ma�r P�,Y or pedarm the wne,aitd all exanditvra to made a?utU be added to the princip�l tum �
<br /> ��. ,��.�,:owins on the above note.ahali 6e ueured herebF,sad ahall bear interest unb'�paid at tRe rate pm�ided —=��`
<br /> ti�r,i�t the princtD�l indebttdness.. �� --
<br /> —:� -..�.�
<br /> —'� :��x �.�. Upau re4uest of the Mort�saee.Hort�r ebalt execute snd deliver a avpplemen4taote or n�tes " :=;��. _..----_
<br /> � - •" �q�the sum or euma advanced by Mart�aQee for the aiGerstioA,moderuiaatEon.or imyravement made at �����,.�.,._
<br /> = tha�IdoM�os's request;or for mainteuanee oi eaid premisea,or for taxes or aasessments�ainat th�e :�Y s �` �s;-_
<br /> — - ��� ' _ ° ������'�_
<br /> -- s�m�a n d for an y other p u r p o s e eis�rher2 authnrIzed,l�reusder. �sid note or notes slu�ll 6e secare8. rX� ,.., �:*��_
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<br /> h�t�Y oa a puity a►ith an�as fnlly aa i�the advance evideaced there6�were.iacluded in the aotm!�t � ','.'�.;:�:�:;�;--
<br /> dt�'bed above. Said saPP?eme�al aote or notea eitall beu iaterPat at the tt�te provided for in tt�e ps� . . ''�;�'�`=�,_.`_-_
<br /> ``:` � '`r;`�'; �ip�qt�indebtedneas and ahaU be pa�rabte in�FDroximstelF ec[nsl monthlY Pa3►ments for auch pe:iad as msy �:�..:: .'
<br /> . ;.:- � . .
<br /> rj: �e.a�reed upon hy.the Diortgagee and Murt�agor. Failing to agree on ttte�mtturi�y.the wflote of tlte aun� � . ;",:;�; _
<br /> or•�nma�o Adti�nsyed shall be�ue and payable thirty t30� dsya after demand by t�e Mortga��e. In no :�. �.'�'�y;�;'�,.:
<br /> ne
<br /> - ;...
<br /> '' , .�t�(�ti�shall the maturity estend beYond the uItina�te puatnritY of the note first d�'bed a6ov� .'?.!„_•..�.
<br /> � .-:�`, . '.' B: H�.'�fhBll�by���e��aII�SCti.0Y8?EO�1@Mf�.�Ob@ipj3�2£���iB�81iLOt .. ,
<br /> , •.. J' . �-`-T_. . .
<br /> ��T� �:tf�it�iote and all sums secured hereby in case of a default in tAe performanee of any of the terms sad condi- � �
<br /> =s�,a :. - ,
<br /> �` ���� ' :"tions of td�is.mortgage or the said note,aU ffie reats,revenues and income to be derived frum the mor� - .. -.
<br /> `'�a r�'�- �� ` '-�gaged premises during such time as the martgage indebte3aess shalt remaia unpaid:and the Mortgagee ` ' . .�_:.��.,
<br /> �'���`�'�%:,'�' .�pki�ilave Fower to appoint anr agent or agents it may desire for the purpose of renting the same and cot- ' �� '='' ��
<br /> f i�_:�x:. .r .: k��
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<br /> f,;-.�..._,: .: - `:'.�`�►S the renfs,�evenues and inrAme.ana it maY PaY out of sa�d in.comes sU necessaiY cAmmissions and �.-----
<br /> Y ,':.° expenses ineurred in rentin8 autd managing the same attd of coltecting rentaLs therefrom;the balance �' � {�'
<br /> -;,'` �r:;,;;;_`•;�: , �`' remaining,if any,to 6e apPiied toward the discharge af said m�nrtgsge indebtedness. _ � . � _ °--_
<br /> `j!.�� �`�` �r £'_• ._
<br /> � 9. He(siie w�l continuousty maintain hazanl �*+�+��sp, oi sach type or types and suaouab s �
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<br /> � `�='��t<~� ,�;. Mortgag�ee may irom time to tSme require, on die impravementa now or hereafter on said p:emises and � s�:'
<br /> . z.� .�,�;��,���,�,�,f,.,.., � �.. :��.
<br /> �, ��t� ,�, �. .;. . pscept when payment for atl suc1�preiaiums hag theeietofote 6een made tutder ral of paragiaph 2 hereo� �
<br /> :�•: �� � �PaY P�mP$p�vhen d�e aa�p�emium��erefaL Ugan d�fault theieof,Mortgagee mqY P�3►t8e same. . .. . ._ -
<br /> �,�., ��`.: . ;, �.�'
<br /> � �,,;.' . .,. .; AIl ina►u�ce�all be c�aied in campanies approved by fhe Mortga�ee and �te pol�sies and renewats ,
<br /> ;t;:� _ .y.. - ;;':'r.i.,;'i� � . . .
<br /> : :°a:� .. ' ;. .-� thereoi sBaII fie held by the MorCgag�and haee attached�ereto las p&Y��in f:►vor oi aad in . °rr
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<br /> <. ��. �.``�. ;...,f.;�.;;;;:{c:: fcau axep+i�e to the Mo�lgagee. �s c�eat of Iasc Mortgagor�vill give�med�ate aotFee by raa�7 te ffie .. '
<br /> ' :,`� ,� 5;.�: �`\ �4rt�agee,�srho may maIc�pmoY of loss if ndtm$d'�P�PVY tr9 Mortgagio�sad eaeb[insuTance companp ' � • . ,,,��,�_�
<br /> `:������.-.`. ' ��ca•:�rn�.�:� med is,Ji�ze1�Y aut�tasized and dit�ected to atr�ke payment fos such fa�s dited[p to the Mortgagee � ,
<br /> • ��r:"�'4 i1:< '. :i�� .sua�sw .. �I:
<br /> f `s.• of frs�t�'Mortgagor snd the Mortgagee j�mtly,and the insurance proceeds.or sny gart thereof, . .�.�'
<br /> . ;�f;�u;,:, . . as��,i�e appifa.i'!ay me Mortgagee at its optiron eif3�er to the reduction of the indebtedness herebq aecuted r' � ;
<br /> - ,,�s��,��' a=��4 h e r e a t o i a t i o n a s c�r o i t h e p r o g e ri y d a�a g e d. I n e v e n t a!f o r�c i o s u r e of t h i s mo z t g s g e,os other . "`��
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<br /> �;�tfr;;��� _' �er of title to the ra�ed property in �isluneat of the usdebtedness secured haehy,all � ... . .
<br /> �, r"- `;�'_ :igiit� title and interest d�:iiie Mortgagor in and t�a�y insurance policies then in force shall pass ta the . '� ��
<br /> � � - • . ` Purchagez os�aatee. ��..
<br /> �� �f � - 10. As additional and collateral security for the payment of the note desc�tibed,a.*�dslt sums to become � ��''�
<br /> ,..
<br /> ' due�nder thisraortgage,th�Diortgagor herebyassi.�-ns to the Mortgagee all lease boriuses,profi�, reve- � j��s:±�
<br /> � nu'i:��coyalties,rights,unc�ather benofits aecruin�fb the Mortgagor under any arcd a11 oil and ga�t�ases `� `'
<br /> , aasr•„�sr during tne life of ihia mortgage,execute�on said premises,with the right to receive and receipt '' " � � '
<br /> .°�. ".�;i,r.;-
<br /> ' >-�; for th�same�:�vf applv them to said.�d�FRdness as�veU befote as after clefault in the conditions of this . , :�t�>.:;;::
<br /> .'.'�:�j'- �' " innrtgsge,aaui�;[ze Dlo��tgagee may dEta�;�,aue Yor and recacer any such'payments c�hen due and pay- �`��;�'•`
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<br /> ���..'�:.{.; "' aU1��,�:at ahau not be requi�•eci so to do. This assignment is�.''.'erminate and become null and void upon :.,,,,:,; �
<br /> ',fk ,,�: ' � �'a::�:a of this mortgage. . 7��{�e��i . ,
<br /> '!'�'� � L1. HeJs'ae shall not commit or pesmitwaqte;a�:�ehall ataizr.ta:a the¢�m�wrty in as good condition as at � �t .
<br /> �,�+;���r , . .
<br /> � � .��;:��;�, . ' present,re�.orable��ear and tear excepted. Upon any faiPca�`o so maintain,Mort�ee,at its optioa, •
<br /> . • .. may cause reasonaUle maintenance work to be pe�fcrmed�t t�i�cost of Mortgagor. .:�:ny amounta paid , � - • �, ,
<br /> � '. ttierpfor by Mo��tgagee shall bcar interest at ti��r�e providQd for in the p�•incipaE ir�;;ebtednE��, shall �
<br /> � thLi cupon become a pai�t of the indebtedness s+e.arcd by this instrumenE,ratably an:�cZ a paritS-�:zth all • ' �
<br /> � other indebtedness secured liereby,and shall be payable thir�� (30) dayg after aeman�.. � '
<br /> � . . ]2. I4 U1e�premises, a�•any pai�t thereof,be condemned ir^der the po�tier of erttiaent domain, or . � �•
<br /> " � ' . . , acquired fa�.�public use. the dAmages awarded,the proceecis Foi•the ta?cing of,or tF�e�consideration for � .
<br /> ' L�""" Fuci� ac uisit:�n, to the extc•nt of'the fuil amount af the remaining unpai:ci indebtedr.e_as secured by this
<br /> . ,.S;ti,':.:�: 4
<br /> � ' "'�li+�� mcrtgage, ��r'hereby assigr►�d to the Mortgagee, and shall be paid fot�:��•ith ta s1'rd Mortgagee, to be �
<br /> ::.��:�:v;,� �
<br /> . - '�''`" " applicd on a.ununt uf thc last mAttu•ir.g installments of suclf indebtedness. i
<br /> .'�j+,�.•lJ , ' , . � ,
<br /> • . . 13. If �h�= `toyt�a��►r fails ta ma,l�.e anv puymeuts whryn da:�,m�to eonfo��n to ard comply with any ;
<br /> �� of the canditians or ��;reements conr,a.ir.ed in this.mortgag�, or the nutes a•hieh ii secures, then the �
<br /> � . � � entire orincip�l sum aud nrcrued interest shall at once beeome due and pay�blc�. at the elrction af th.e � . ; �
<br /> . • �f.ort�Agee; and this murt�;s►��� may thereupon be forecloscd immedintelg €or thr«•h�►le��f the i�tde$ted- �
<br /> • { n�s� hereby serurrd. i�i�'ludin�! th��cost of�ztenciing the abstract of titTe fr��m thr dnte af this mort- !
<br /> . . � �3. gnge to the tim�•of comm�nrin��snrh suit,a reason�ble attorney's fee.and.iu�•sums paid by the Yeterans ;
<br /> ` �'� ; Administration on H�c��uut of tne gu�ranty or insurance of t.he indebtrdness securecl h��•c•bp,all of which
<br /> �'.,: „
<br /> � � � shall bc inctu�lec�in!he dreree of forectosure. !
<br /> , ' l4. If the indebtedness securecl�ereby be gua.F:nteefi o�•insured nn�lrr Tlt1�:�.iJnited States Code,. . .
<br /> ' . such Title and Re�ulations issued therennder att�__�effect ott tIi.c d�te hereof shall gm ern the rights,duties �
<br /> ' , -� , ,. 3nd li�bilit:es uf the parties hpi•eto,and any pro:i�iec:s nf fl��:s���•�►ther inst��umenta�x.�cuted in connection . .
<br /> � ' '` with said indebtedness which �re inconsistent ,�it?s said :itle or fiegulations are tiereby amended to
<br /> � � � ,conform thereto. ; �
<br />- ----- �----_.----�-_- , -The� ce�ver�ants herein ccfntainer3 sha21 b3r.i, and tiie benefits and advantages sha1D inure !u, tEee _ - -
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