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<br /> �+ tie P�o�tY ofLawise aRer drtaWt,tAe,itatsa�ee stiali�ppiy.at Ibt ti�e of_tt�t caedmencemen!ot sncD . _
<br /> - � . � pcocad'iats,as it t be t i me i he p r o p e�t y i s o t h e�n r i s e a c quir e S t. !6e amoont.t6an ree►aining to credit Qi ` ��__--
<br /> -��` �' • Yatp�Or at�es N)��P�i�Ph 2 pceceding. aa o creQit oo We iaterest ac«ued and�anps�id and the � ---
<br /> � '� � Oala�ce ta.Ue priacipai t6ea re�aininE anpsid oa said note. � , . �:�--_
<br /> ; � . � �,�
<br /> ��� -- �. T!�Iiea oiti�is iadenaaeut shall c�un�n fa11 farce and���e�P��nement or ext�u- ���
<br /> ��* don at tbc tin�e ot p�Y�t oi the indebkdnes�e oraay psrt thereo Y „���=�,-
<br /> ..y•. E5, .. . :_!_?�C{'...���.
<br /> ` .�. S. HC✓Sht 1A� pi9 il� QOIt� iQDtS� t�][�5. i��t �tI1�L b�lS��I �1I�t� 0� 1�y;�:_��;.-t��Y =
<br /> �p� �OT�IIt��r�yjltj{lppp Si�p[lII11XS piyl�f!=Cf 1Ef►� � t 9': '� .
<br />- � `��� �• �the�bt secur�ed to��h w�a or ass�catt. hicb . .. �, .`
<br /> w� w m�ybe ��:.�„�- �-�_.
<br /> °. r-�- =— - - �undet��l�a�� t�e-�1��of s�d���-oa ac- - - �r,u��,��_-�_
<br /> = eami of t6is acant�rben pQyment f�s�hems tkaetaface boeq�t�der t s}o g i�: ,,:.- ' =._��:=:-"--�--;
<br /> . �=�� ' ; 2 l�sof and she wilt ixo�PdY deWa tbe offiaal r�eoeipts th�refor to tho . oEtga�ee. lna� , � . �,.�..':. ` .
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<br /> _ _-_�: �eranf the�to�t�ee msY P�Y the asme. � ' =�"s-'`` :..
<br /> '`�''.� rovided for in this Mortgage.the Mo�igaBoe. -"� �
<br /> . -°e��~''�' 6 ff I�e/sbe fst�tQ psy aay wm or kEtp aay cuveaant_p - -._-- �':`:
<br /> � :4'-'��-` u its option.ma► and ait sa m#de stu�ii be acfded to the pri�xipal sum -- ``�,�� -;
<br /> �.,�,r,s: . Y�Y orpaformt6csam� � vidad for iq tite �� .
<br /> ` � ow�an the abave note.s6alt be secured herebF.and shaII bar interest at the rat�pro P�- � � •-_.�.s���=
<br /> .. 'r �.. � �. ... . �Y� .
<br /> �`-".'. cipal�tiess uatA
<br /> � .,�,'«�;�-, 7. Upunr�equedoittsel[ortp�ee,l[ort�orel�aU Psecate aad deti�rer�suPP�Ata1 note or aotes . .;,,��;
<br /> • -- - for ttte aiun or soms advanaed DY l[ort�ee for the aTtentio�t.modemiz�ttion ar imgmvemen;made st the �i =_
<br />. C'.=j`J.i:•�. . . . _ . --.
<br /> � -� � : ' Yort�or's�eqa��or tor�aa�unteaaace of s�d preiniaes.os for tsxes or asaeasnnents a�inst�the nme. t'F� ..� `�
<br /> � "�;�`=� �d for aay other paapo�e elsevvvh��crrixed berewnder. 3aid�nqte or notes ahall tae s�eured hereby i'`�'�°
<br /> �T - � �an s pafity�vith�a�fal�►a�i���iss�o�evidenced thtraby vrere inctaded in-t8e nate`first described: �� _ �'. ,�_��;
<br /> . � ''.". µ aba� S�id auDD� , , , -s
<br /> �, , :. s►ts1 not�ur�rti�e"s s�$bear intet�t at the rste prnvided far�tiie:piircipal indebt � ,_-_._--
<br /> ` :. "':.'� , -�� '�ar�r�sttllE�e:�tY+�k in sp�roximate[y eqa�tl moln�tY P�Yments for aucii g�rcdd as may be aSreed , - -�
<br /> .�� ,; •, - . _
<br /> � ''` �`` ' a r&e Mar�ae�utd l[ort�agor. Fa�tmg to a�r+ee on the matnrIty.the wiiofe of ttie sa�u.or sums ', . � _
<br />_ _ �...s_:..•,:i,, _ . � .�:_� �' —
<br /> ���;,-d�^•;` `, -.�`.�- �:,so sav`�ut�ed sba�Ib�.�#ue�ad psysble thirLF!C�0)dsYssiterdewr�ndbp theMortgagee. �rt;�berentahall ---�.-�.
<br /> . ;•i�'�.': !� ,trr. _ :thems#usit�►e�ctea�$'reYund the nItimste matnnty of the note first descn"bed ahove. , ��`,�- " ' �.."
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<br /> :�. -. . _� • - S:.Ke/she here6y assigns,uansfas arid secs over to d�e Mor�gag to be applied taward che payment �° . �
<br /> ,-�.Y, ;:,;�,z,..�,;�. . .
<br /> �� � t�•�. � �of the nau and all sums sewred hereby in case of a default in the perEo�m+ance of�any of the terms and can- , ,
<br /> � r� �` °`�''��`" sll the renta,revenues and�ncorae to be derived fmm the mort- � '-
<br /> . ; - s�.. ` dittons of thia Mort�s�e or the ssid note. -t, : _:
<br /> �'f,`.,'`.'.. � . . _ ,. .. .
<br /> ;n s ��`:.` . �g�e8 Dremiaes durin�such time ss tbe ma�age indebtedness ahail rsmain unpaid;and the blortgagee `�` � �;:�.-
<br /> �'°��:•``' . shall have pow�r t<c,aPpoiat any sSent or�ents it tnay desire for the'par�wse of renting tii�'same and -:�;,a, .
<br /> �y'�;�`���;s � • collecting the sen��aennes snd incom��ud it may paY out of sai�incomes all necessarg commiasions , ��-�'� ' � `'�
<br /> �,,,;: '._,�
<br />;,_- l rT�;, '. .. ' snd expeases incnmd in senting and managi.�.g the same and ot coIIeetins�n�ls therefrom:the balance ,:,.:�,,. _ � .� ...�.
<br /> :,��`` �r: rema 3� �PPIied toward the diseharg+e of said mortgage indebtedness. . '��"• ��,:�. .
<br /> . �,.: �%�'�� �.
<br /> .Y ,rr. . ., `•� ,- iniu�.tfan ,tabe f such t�+p�s r" �:.{;...,
<br /> ;;. � is``>- �;``,�Y:�; . 9: i�Isfte v�t�ontin�soa5��maintaia lsazaTd Eas�duce.o �YP�ar and amounts as the �S;k�` { �� , �
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<br /> . � Mongagx may f�cc ame to time re�uite,a�s the im�o��ents now or hereafter oa said premises.aad a�- �;:�;;�, '' , .
<br /> rs. „. :. . �ac all such utas h�s iheretofa�n:Uoen made under(a)of ParaBraPh 2 hereof,wilt . ,.,;:
<br /> � , Cept WbOD DaY� . �17Ctal ha . ' .
<br /> � . . PaY Pio�y ahen�e au9 P��fr thcrefor.Upon&�ault thereof,Mortgaga may pay�t�e same.AU in- t:...
<br /> � � � •,��;� � surana shaU be cazried in ca�ies approved hy the bfaagagee and the policies aad renewals thereof shail ` . .: ��.s;t�..;
<br /> _ . , . ' s j�` " . be heW by the Mortgagee ap�r� have attached thento.toss payable clauses in favor of and in form � . - . �''�'
<br /> � :.,;:,y.-'�.
<br /> . �,.;:.-. .,:.�,;';• ; "`f'
<br /> :,.':'t,. : acceptAble to the Mostgage� In event oi toss Mortga�r will give immediate na�Liee by mail to the l�iosi� . . ':;;r;;�r;,�.� � �
<br /> ','�.`�..�'� . , �gee,who ma��e Praof of loss ii not�ade pmmptly by biortgagor.and�c�ach insuraace company �, ;` �`,• �,
<br /> . - � �1.::;. .
<br /> concerned is h ��d�thorized and dtr��to make payment for such loss directly.to!h��Iorlgagee ,t,._.
<br /> � ' instead oi to the'�L��r and the Mortgagee iQintly.and the insuz�ance proceeds,or any part thereof, �;�:;::5��-; � , :'. �'�
<br /> ' . may be$pplied b�'��e Mortgagee at its o�tion either W the sedactian of the indebtedness hereby secured i���1;l;;j . .r.,t;; ,I. : -:
<br /> � � or to���eatorat�on or repair o f t he prope r ty damage d. ln even t o t t o r e c l o s u r e a f t h i s m o r t g a t+l e.a r o t h e r .,,�,,.,. . :
<br /> ,, � � trsns:�r;�:af t:�Ie t��the mortgaged propertg in extinguishment of the indebtedness secured hereby.'all � . _•, " ;�`"`" .
<br />`;;,,.,•i';, o ,. . . . iJ4;1�:.`�,'::��k•:''Hr`'i'`.
<br /> ' ��°��� � right,tiYie and itif�eat ot the Mortgagor in and to any�nsurance policies then in torce ahali ps�ss to the r;y{l..n.: ° ,:,?�;,����'' .
<br /> - ,.: .;.,. . � • ' `
<br /> , yurchas�s or grantr� � :. . ��;``:�.,.,
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<br /> � 10. Ae additianal and collateral aecuritY tor the payment ot the note described.and afl anse�s to become �_.�f;�� . . . .
<br /> ' �.� due under this mostgage,the,Mortgagor hereby assigns to the Mori�g�gee all tease banvaes,profits,reve- < .
<br /> � � `•�;�'�� � nnea,myAlties, rlghta s�nd atttEr beneflts sccruing to the Mortgagos�nder�ny and all oil and gas teases � �
<br /> . ' ..i�1�;r4Y;" i . ,
<br /> •1i•�•• t�ow,or during the*ite��i this mortgage,executed on said premises.,iritti the right to receive and receipt
<br /> : i;,.; � • tor the aame snd�e��sy them tQ said indc�it;:�nesa as Kell before as�f�e,r.�efault in the coaditiona o!this . ; ,. � . ,
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<br /> ' `��'� • mortage,and the�dort8�tgee may deman�i,.�:le for an�t recover an��sach payments when due and yayable, �;�;,:
<br /> '"`` � ' � bnt a�a l l not be reqnired ao to do. TMis assie3ntnent is ta terminate�nd become null and void;vpon release -�;��{
<br /> � , .. oithismortgsge. ;��' �
<br /> '' .;, � " 11. He/she shall not commit or permit waste;and�hall maintain the property in as good condition as ',�
<br /> • � �,;, , at present,reasonable wear and tear eacepted.Upon amJ'�ailure to so maintai�,Mortgagx,at its optioa�,
<br /> � ''�� ; may cause reawnabte maintenance wor k f b b e per fo r me d a t t h e c o s t o f M o s t g a g o r. M y a m o u n t s pai3 �
<br /> °- i' therefor by Moitga�gee shall bear inteceai`at the iate provided for in the principal indebiedness, shall , ,` ,
<br /> � thereupon berome a part of the indebtedness secured by this instru�ent.ratabty and an a paiity with aU
<br /> other indebiedness secured haeby,and shall be Dayabte thiny(30)days aftcr demaad.
<br /> 12. Helshe will not execvt�or file of record nny instrument which impos����°restriction upon the sate _
<br />, t or occupancy of the property described herein an the basis of race.colvr or creed.
<br /> � 13. 7ithepremises,oranypsrtthereof��ecoademnedunderthepoweroferninentdomain,orscquited `
<br /> . � tar a public use,the dam�tgrs awuded.:�� prceeeds�for the�king of,or the conaideration far such '
<br /> , . � acquls�tion,to the eutent o!the full amonn of the remaining unpaid_indebtedness aecured by this mort- . .
<br /> � �aage,are herchy assigned to the Mortgagee,and shu116e ps�id forthN�!h to aaid Diortgsgee,to be applied
<br /> � ��unt ot the 1as!mituring instaliments ot surh inde�tedne�. _:,:_ .
<br /> � 24. It the Mortgagor lails to rr�ake any paymenta when due.or to conlorm to and comply with any .
<br /> - - � - ot the oonditions or agreemente cantained in this mortgage.os the notes�vhich it secvres,or if the 14lar�
<br /> �sgor be ad'udicated banksupt or mide defeadant in a Aankrr.ptey or receivership proc?eding,U�en tiie �
<br /> � � � entire prjnc�jwl aum and socn�ed interest ahall at oace become due aad payabte,at the election ot the bfort-
<br /> � ' ;aad this mort�s�r msY lhereupon be forecbse8 immpdiateti'!or the whole o!the indebtedness ,
<br /> . .. . � . �by secnred,iacladins the caet of extending the gbstnct of titte lrom the dite of thia mort�a�te to the
<br /> �_____...�_.. _ _�oi��ttltauit,srtasnm�bk=ltora�Y'afee�an8anysumlpfidbytheVefersns•+f air�
<br /> _ .,_.. .
<br /> �` � . ' �n aeeount o!tl�e tY as insurance otEhe�Adebtedness aecuf�ed hem�.sif��a}�abicfi sha�i ir� . _._._ . .___ _ _. ._
<br /> __. inetadcd'mdiedeereea forectosure. . �
<br /> �. . : � I5. T'itle 38 United 5tst�rs Codq sad thr Reautstions iaened thereunder ahall govern the siShta,dutie� ' : .
<br /> � aad�il�liesatffie�astiesl�treta.aadaaYptavl�ionsatthisoratherinstrumentse:ecntedinconnection _..
<br /> �rith aaid indebtednns winch ae+e ineonaistent with said T'itlE or�ieraist�ans ue hereby emerided and -
<br /> " , ; au�rD�ented to aanio�m Lhereln. P13AAGEtAPH5 16 and 27 AR� d:� pAGE 4 13h'b�R TliE hOTAi2Y
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