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<br /> •• • -� th�s.Mortgage. -If MORTGAGOR fails to carry �he ineura�►ce r�quired
<br /> . �. �• ' by this paragraph. MORT(iAGLE iaay purchase .the irisurance and f.s. . --
<br /> -- .:"�Y-�'�,., . y for Y?Re an�ouu��a advaxeced €ex� � • -
<br /> " �F�`"� ` T given a lien secured b tbis� Mort9age '
<br /> ��";�.�`_�.�t:� ' aya�ent of 3nsuraace prem�ams witA i-atereat at �the highe�t .leg�l
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<br /> ';_Y..�:r„. . : =a. MORTGI�GOR is ta furniah MORTGAGBE witla a certf.ficate� fr�n
<br /> ,::.,�„�.� th� i,asdrance aompaaY insusia9 the f.mProvements on the real e8tate. � .
<br /> �s �.- � .� �
<br /> ,,.;:�,.-. ,-�Y: � for evidez►ciag MORTGAC�OR hae acqu�rt�d the ins���� ta � carr�ied
<br /> ' � �`�� �� on the improveme�ats' on the real estate, the certificate`to cantain
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<br />,�;:�,�~:�� � a clause the insurance Isolicy cannat ioe cancelled �ithout at 3.east � ,
<br /> w ,;��y�, ' tt�i.rty (3�) days' prior vncitten aotice to MORTGAGEE.
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<br />� ��. :i.,.:y}r:.
<br /> IIIOTitlil friSt.S�lIIl�At O�
<br /> :�, t..,'.�:;;,,,� ` If MORTGAC�R defaults fn ��9 �Y y .
<br /> -�'.:�" ;:�`'- . princi.pal�and is►te�cest for a periad of more than ttcsirty (30) day�. _
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<br /> _. f, ��., .�. �. or .faile to perforue any of the other duties and obLi.gationa o�
<br /> `��`�` - � MORT(3AGOR under this Mortgage. MQRTGAGEE, at the MOATt31�GEE'S ' -
<br /> : ;k'�::. ' ,
<br />.'���:t
<br /> '� ' eleation, may declare the entire. iadebtedness� se�ured by tTiis ' �
<br /> �:�::�.:r.'�_ ..
<br /> .._...�._,, �
<br /> _;=:::��s��:: ._.Mortgage_�dia�ely due and payable, aad foreclos� thf.s Mor�gags � .. .
<br /> �� ' - � for the satis�action af the total--amourit due:- -�-- �
<br /> :T.: � � - --
<br /> �,a`�y`��r' • If the MORTGAGEE briags, aa action to forec].ose thi.s Mortgage. ' .
<br /> -�_ `"'` - � the court may appoint a receiver to take possessian of the ,real .
<br /> -- � - estate; as provided by law. _ . .
<br /> � -.1� l Any failure or delay of MORTGAGEE. to egercise aay o¢ .
<br /> � MOR'TGAG$E'S riglats or prieileges undes this Mortgage �hall no� be
<br /> construed as a waiver af such rzght csr privilege. � A.ay ac{ � , .
<br /> . �+�� ,�!. MORTGAGEE waivin9 anY ,specifia default �¢ MORTGAGOR s22�.LT� , ,
<br /> � •�•;:�. .
<br /> . >� � ` construed as a �aiver of any guture defaulta.
<br /> �;d�.�:�� ;.
<br /> ' ��� ` MOATGAGOR covenanta that MORTaAGOR will �ot, directly or
<br /> :;�:�;r�r...:_ .. . .
<br /> -���"�"� ��� � � indirectly, mortgage, pledge or encumbe� the reai eata�e or assign
<br />.� �t;;;,. or attempt to assign the rents and pre�3ts from the .real� estate
<br /> '.r��;,�>'u;; .• ' other than the �ien of thia Mortgage. MOR�GAGO?R agrees MORTGAGOR
<br /> u,��:�a,�r,.�:.• will aiot in any manner impair or tlzreaten the value of the real
<br />-- ti- �s =� e�tate or the security of MORTaAGEE..
<br /> .t,°_��'.;�'�, _
<br />:�.�:� ��.,,,.
<br />- .iu. � Dated: December 3�_. 1994. .
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