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<br /> �=`- ; . . _ . .'� . . - - :. �1.-.. . 1079i 9 � . , -
<br /> = � �,.r, ; � a�-� �1"'10�84�5 ' _ ; , . ` ,
<br /> � ' tie l�o�ty otYeewiae after defaWt;tl�e i[oit�,a�ee sbaA ap�tlY,�at tlre ti�e o��e coa�eacement oi gacA� �
<br /> � p�ocee6aj�, a at'f6t tiae fhe p�operty �s othenrise aeqoiced, t6e a�aount then tema�ning to cre�it ot � _
<br /> � -. . rort�t aodes(sj at patapsph 2 piec�dinL. as s crediE as the interat accrue�+4 and nnpaid aud the —_=-
<br /> -�� �i'� b�laacr t�the Oriacipd tsee caaainia��npud oa�id aote.� , ---
<br /> ���;:�.- . . , - , �:_-_ - --
<br /> _-�. � -4. Tbe 1ie�a!ffiis indrwnent sha}t�maia in inU iQt+ee andeffect�dwin�snY PostWnemeat or extea- ` �y =-_ _
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<br /> - a3on oiffie�ne ot ptYmentoi�te inde6tednes�orsqY Du�tbencf seent�edlsesebY. . ���_
<br /> �-� s. t�et.sbe.�t pay aD_�rouaa rmts. taxa. a��.�wYata rata= aI�d aher soT+ernn�.mtal�or ��j�:�+`�°-�
<br /> t �p�1���s,�����i��iIId�L MlS�iC�111�{�yt�L�S kY10� °.--' ..�1=�--�_
<br /> � , apon lhiS ot thC dtbt seCUt�ed�tO�etlfet�vith OtheF taxes O[aSS�suiCatS 1p�ijdt msy be _ :�" +�a'�`�i«
<br /> �:�.;-�--�.�--
<br /> - kvied uuidar�irs of rlebrssi� ibe .�,, .�•�l-"�;.-
<br /> �� �ua� .orthe hoider of aaid P�+P���� '=,._-:--
<br />� :;.y..'� eodaC of thAis`i��deb`ta�a�sLL,�-e��'_cs,t_pt��yrh�an FaYmeati f��,� suci�eite�ms ihaetofore been made,unc�(a)of ``�="
<br /> : ��(.�{q/a��.�6 wLi�ORI�YGLL�ii �Ol�RC�I��Or tO�MO�� . - Sk�
<br /> - ' "r F . auh thereof the taaY PmY the same. . ' _ z����.J---
<br /> ;,s • _ �.. {� .
<br /> _ -�_��� _ . 6. if he/s6t fa7s to pay any sum or kap au�►oovenaat provided for in this Marctgage,tlie 1KoRgaSee. �; .,:-., °- �-
<br />� - `� �•�►YP�Y P��mthe aa�all somadesbaabea�dedtothep�suni ��� _ -
<br /> " atits ar saate. �ditu� -�; _� _
<br /> . � _ _ �.1,�':, owin�on tbe above nott.Msh�all be secttred heiehy.aod s1�1!bar intecat at ttse rate prnvid�d for m pcia- � ` ��' _
<br /> ' ,_L° +o� �����Y�• . ' . . _ . - +•.. .. �:��T.
<br /> �"'`��-�,'� 7. UpoaseqwstoftheYost�s�,l[ort�nrshsll ezeci�te aud deliver a suppltmeabi nate or note� �_ � _ ,: �,�
<br /> "-,',.;�. �... !or tlk sWn os sums advsaced bY�[ort�ale�tos the alterat3on,a�oderuiution or impm�eineat made at the�. . • ---�--�
<br /> � ' - ��� Yo r'a reqaat;or for mairitenance of asid premiies.or tor tues or�sse�enta againat the aam� , _ `_�,�__
<br /> . r-: ;,��`.: - snd or aAY�r purpose elsewherie wthorized hee�eunder. Ssid note os notes ahA11 be secureii herebg : • -
<br /> :I•. X`:'!'. -• � ��
<br /> . _ �:aF;.;_ �s��ty������y�ii the sdvanee evidenced thezeby vaere utcluded in the note first descn'bect ' , -
<br /> - - -=?-' . abova S�id av�mentsl note or notes shs116esr interest�t the rste�rovided for in the principal indebt ^:-_
<br /> � l� .� � edaas snd ahsll be paY�k u►�PPi'o��Y aN�tl monfhb�DsYmeata for such perIod as mAY�sgreed . . ,>-- --
<br /> upon by tbe D[ort�ee utd Yortpgar., Fsilina to�m�the maturity,the:whote of the aum or sums � � ' ��'i�`
<br /> Yµ�. L� w idvanced sball be dne ind psya6ie th�rty t30)d�►i►a sft�c€emAnd by the Morigagee: In no event ahall � `K:�
<br />. .`�"" t b e r�t n r i t y e x t e n d b e y o a d t h e u t t u a s t e m a t o r i t y o f t h e n o t efisat de�ibM sbove. . . . �<�:r,,� . �`.� _
<br /> -. „�.,....,.:
<br /> � x;�:;�:����i '., ., . r�
<br /> `.:��; ;.; �� 8. He/she herebg ass�ss,aansfers and sets over w the tiiortgag � ,to be appliod toward the payment :rr;��3<t��tr,: .
<br /> '. . .� __ af the note and all sun�.c�ecuied t�ae6 y in case of a defauit pm ahe p�rformance of any of the ttrms and con- - ��t'"'; -
<br /> ' � . diti�ona ot thia Mart�ag�e or tIee said not�a11 ttie renta.recr�¢es ana incorae to be derlved from the mort �: ,;'. . , -• .�#:
<br />� • �aged premises durm�such tim�e a.s the mostgsge indeb�shall remain anpai�;and the biortgagee � �,.� '.r'�
<br /> ` ' � �11 h�►ve power to sppoiut a[ny aSent or stgrata it may desire for the wrpose af renting the a�me�tn8.,,�, �� ' ''`1`'"� . . ;-?:.`
<br /> P ���t:�,
<br /> �, . � toltectin�the rents,i�aenaes su►d incom�and�rt msy pAy out of said inconies all necessary commissions : � �: ,t4 r`�,�` �., .�, "'
<br /> • e naea incurred in renting snd mana8in the aame an8 of coliecting rentals therefrom;the 6a�aace� � 5�'Ls�`�`' ,
<br /> _ utd xpe =�t ' �: .
<br /> ' -• .. serrwinin�,'st sny,to be sDplied toR'ard the di�rge o�aaid mortgage indebtedness. r.-; , ':; � �,� .
<br /> '� '.:, , � _ .:�t;,t„_, �
<br /> � . �. � � .
<br /> . . . ; 9. He/she wN continuonsl �ntain hazard,in�tuaac� of such type os types aad amau�s as tive . . � ��.;.��,��:
<br /> y' . . " . , ,,�._
<br /> � Mortg�goe maY frora itine to time require,airtke imptovemeuts nov�r or her�fter oa s�d prem�ses,and e� :..;: �_----=�;=._„��:
<br /> -- --__- � --� cept w h e a paym e a t f o r a l l s u c h p r e a�u u m s l�a s t h e r e t o f o rc b e e q m a d e under(a)of p a r a g r a ph 2 hereof,w� �.• --�.._`� ,,:";`�:
<br /> . . pay prompt when due aay premiums therefor.U n default thereof.Mortga a may pay the same.AII In- ��`, �.
<br /> Do $ �;'', �• �.
<br /> � � � surance s�be carried in companies approved by the Mortgagot aud t6epolic�es and reaewals thereof shaU . .� .
<br /> ' ;' � be held by the Mortg,aga and have attached thereto loss payable clauses ia t�avor of and ia fomt - �
<br /> t. -� � • acceptsble to ttie�ostgs►gee. I»event ot loss Mortgagor��give immediate notc;�e b�mail to the l�iort� � •
<br /> � �;� ., �s�ee. who may make psoot of loss if not made pmmptly iss Mortgagor,and each insurance company � rF _; � . � -
<br /> - � ooncerned is hereby authorized and directed to make Dayment for such 2oss directly to the Morlgagee ?:,f'�.'��, ;
<br /> :,,,.:,,,. ..
<br /> � - - instead of to the�ort�aSor snd the Mortga$ee jointly,and the insurance proceeds,or any ga.et thereot, =.4�.•�r�:s ::;
<br /> ' � maq be ayplled b�r the�ortgagee at its opt�on either to the reduction oi the indebteda�ess[tern�secured ��`r;;rlf�`` _
<br /> ' or to the restosation or re�stir of the property damaged. In event of foreclosvre oi t�:fs rer.art�;g�,or other i � � � .:.,, �
<br /> � � tranater v�titte to the raortgaged property in extinguiahment of the indebtedn�Er�zr�«3.��ereby, sll I �. ;,;�r,i,;�,�,: �
<br /> � ' ' right.titte�nd interest oi the Mortgagor in and to any inaurance Doticies then in far�st�ati�ss to the 4 � � �;:%�-._:;=
<br /> f. .. �rchaaer or grsntee. • � • . �'�i;;��.s `-
<br /> ,C` . ; �-r.rl�:. •
<br /> . �:�•,:;�� f-� 10 As additianAl And collatersl aecurity!or the payment ot the note descrihed.and all s¢arsto become �-;��;;,. . • , .' ''�
<br /> ' � ... due nnder this mortg�,the Mortgagor hereby assigns to the Mortgagee al)lease bonnses,�roflts reve- �'�';•..�� � ,�
<br /> , ,..,;:;<,, •
<br /> � nyes,royaities,rights and other benefita accruing to the Mortgagor under any aad all oil and gas lesses ,�,; . =
<br /> '..1.-..,. ;•:::����
<br /> � ' now,or dmreng the ii�e.at this mdttgage,executed on said g,remises.w ith the righ4 to seceire an�recei�t ,�t•. • ,!;;:.
<br />. �,il>, ;1•:..j,
<br /> _ ' ,ti;;:�' ' .. for the sueie and s��them�v�id indebtedness as weli�ef�re as after detault in the condit��na ot th�s ;; ,;;.: t, •
<br /> -+`::r. � mort�a�e.s �d the a�gagee�d,uemand.sue for and reccrer anF:�u:esti payments when due and payable, `c;:;•;;;• ' .,
<br /> �;�.;r,; �,r•�. .
<br /> bat aha 1�ot�reqxired ao to do. 37►is assignment is to terminate�nri L'-ecome null and void uDon releaae �,�,,..
<br /> '.;;:"' � aYtRisnr�artgage. ' % ` , '. ,
<br /> • � P z.- L�Ishe shaU not commia¢c�e.rYt:t+�aw:e.attd sTr�ii r.�aintain the�roperty ui as good condition as i ; , ,4 ,,,
<br /> • �. .� ����� ` ,,at pres�cz��easonable wear snd C�;excepted.Upon any f�i.i:�sre to sv ma�ntain,Mortgaga,at its option. � ,,. ;�;,��-:.;
<br /> � c�ay ca:;�e reasonable maintenanr,�work to�e�erfdrmr�i r-.i the cost of Mort S a�or. Any amounts paid �
<br /> :;';:';: � therefor by Mortgagx shall bear interest at a:�t rate proti-ided for in the princ�pal•indebtedn�ss, shall `..;, „
<br /> �� ';:;•�;-;:ts;:.� � ' � there+ipon becume a part of the indebtedaess secured by this instrument,ratably and on a parity with all „; ,
<br /> ';±:'';:,`i,-. ' � . • other tnde�t:daess s�arored herebY,and shall be payabte thirty(30)days aiter demand. � � .. ,
<br /> .''� �3 ',';"'. •.� ' � �:���::i:;, 1Z. L-i�;�s:e will nor execute or file of record any insrr.utnent which imposes a«striction upon the sale ''`��'�"�
<br /> ` �` ar ars+.�s��,the ra describcd herein on the ba�Sr�of race.cvlar or cteed. `�"
<br /> , , , .. . :�-..-,�:�� .,..: .
<br /> �� __ : P D�nY ,
<br /> ' ;;�:,��`. � ' : 13. 18��e�rE,rt�ses.orenyparttJ►ereot,becondemnedt�nderthepowerofeminentdomain.oracguired'� ' ,
<br /> ;�+�.. � , .,lat a�SiE use, the damages swarded. the proceeds for the taking of. or the sonaideration tor�such
<br /> � � : :,doqaisiti��,to the eactent oi the fu11 amount oi the remaining unpaid indebtedness secured by this morw ,
<br /> ' - - : � �gg,�xn R,wreby aasigned to thc DKortgagee.and ehall be paid torthwith to s�id Mnrtgagee,ta hF±a;�plied .--.
<br /> ,, . ' � on accci�xtr ot the is�t m�turing installments ot such indebtednes�►. � :
<br /> �' � 14. If tJ�e Mortgs�tor taifs to tnake any payments�+:hen due,or Lo cuatorm to and comply K ith any " '
<br /> • �. oi the conditiona or eemente contained in this mortgage,or the noies u hich it secures,or�t the Mort- .
<br /> �or he adiudicated�rupt or mmde defendant in a bankruptcy or rereivership proc�eediag,thert the �
<br /> - , entire prlaci�1 anm and accrned intereet s1�aD at once Deco�e dite 8nd pay�bte,at the etectian o!the Mort- .
<br /> . ,and�his mortgsge msy thereupon be loreclosed immediately!or the whole o!the indebtedness
<br /> '� e�re�by eccured,including the cost of extending t�e abstract oi title lrom the date of this mort�ste td the
<br /> � ����'��� tinne of cammencins anch�u�t.s reasanable attorney's fee,and any aums paid by!he Vetenris��f f a i r:; .
<br /> � �� �� ' �a aecaunt of the tp or ina�u�nce of th�indebtednesa secured hereby,sU of whieh ehall be .
<br /> -- - ._- _ =--_�_�.—..�� � _ � _ .__._.. _ _..
<br /> .. included in the dccree o forectoe�ire.- . . � :
<br /> �� � 15. T`itte 88 Ueitcd 5tates CodG aed the Ite�WWitiana isened thereuader ahat}sovera the riShts,duties
<br /> . i and li�bllities ot the yattits hereta,aw1 arrY Pmvisioas ai thls or othet inatrumetits esecuted in cannection
<br /> _ - with aaid�ndehtedae�s whie�an inconsinteni�vith.sald.Tttie or_BKulatians ue hereby aucended and :
<br /> � aupptemented to oanfosm thento. P/�AAGRApH5 16 and 17 AItL 0:3 PA�G� 4 iJh'UER TlIE tiOTARY ;
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