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<br /> _ . � . discharging the dcbt hucby sccurrd.Parmisslon is hcrcby givcn to paya6lc on dcmand; .� - . .: �,�;'_
<br /> � � ' � Mortgagorsolongasnadcfaultcuistsheceuadrt.tncoIIatsuchrcnts. �-- `�
<br /> -• �- - - pmfits and incomc for usc in axardancc with thcpravisicns of tha iZ. Itisexpresslypmvided.t�oac�(allathupmvisiansofthisalta ----- --�.-_�,�
<br /> ' Rc uiato A cmcnt; . to the canira�71 natwithstandiag).that th�Mortgagea sha12 ir. ` .
<br /> . 8 17► &n icq�nrcd mt sball be/sho havc tha right to pay.disct�acga.oz rein� '`' , `.
<br /> .. `� •� S. '[tmt upon dePnult hcrounlcr Mortgagaa ahall 6a cntiilcd to�ha anyta�c.a�s�ssmcnbos�l+��Ponoragainstihap[unisasdcs�riba, � . ._ ��g`:'
<br /> • ,, appointmcnt of z reccivct by m�y,eautt having jusisdictton.without ka�sin os ttay part thcroof or 1ha improvcmcuts situated tl:os�eore.so• . . � . � ,
<br /> _ . .�. notico.tetakopoucssionandprotc.�tthepropertydcscri6adhc�einand Song as tho Mortgagor shall.in gaod faith.cantest tha same or�a _. .. . ,��:.
<br /> , � , operato samo and colicct tha rents,profits artd iaaome ehercfrom: validitytItaeof bY�DP�Priata Wga1 pmcetdiags 6rou�httq awurt of ,. ,
<br /> , • • wmgetentj�diaiaa.ahichshaIIapuatatopraveatehaeaIIeqioaof ' ,
<br /> " �� 6. 'Rtat at tAa option af the Mortgagas tha priacipal balanco sccuted tha tax.os=auaca�.or lien so cantcsted aad thes�le os f�foituze ot ` � -,,
<br /> hcrcbymaybaadjusteJontcrmsacc�ptab2ototheMortBaS��P� thesaldgtcmis�soranypaitthcnoftosatisfythasame.M�tinthacvant � � �•
<br /> ' , • PnPaymcntresults from anawardinwadsmnalIonln¢ccordanwwith of a tu eontcst.tho Mortgagor aha11 deposit witb!ha Martgagco nn , . '`£�'..•
<br /> `. provisioasofAaroSraPh 8hes�in.or&omaaittsus'ancopaymentmado wnfltmt estimated by tbc Mmtgugee suff'mleat to satisfy a1!taxt� :��+.. . �
<br />=. ' inacoordanxariWprovisioAsoFpar�gcaph76e[ein.whcaathaeiso p�alti�+.intetes�,aadot�tswhiehtnay�nabiyau�uodarings�h ` ,'_ �-�"`_;
<br /> �.
<br /> ' tesulting Iou of pmjax iawme: eontes� � . .T >
<br /> . .' . ` ' 7. T h a t t he Mort ga gor will k s:c p�o Im p m vemerits now axisting ar 13. lbat it arill not voluntazity a�ata or peamit�ba ereaied ugainst tlis . ;--":��'---
<br /> hc�atteacraxcdonthemortSaS�PmP�Y��agaiastiass6y pmp�ysabjocttothisMartg�geanylienarlia�slnferiorarsupraiot t r .,,� '�."`�
<br />-; ' finc and such othcr hazcerds.c�anitias,and eontiagendes.as may ba. ta thalirn of this Martgago and fu�thor t5at itw�i iceep aad maint�in _:, '4:-�:
<br /> - _ �� � � ` -atipuLltcdbythcMongagw.-andallsuct�iasuranwshaUbacvidcnoes! thasa�nofreofmmlheclaimofnllpessor��tspply.Inglaborormataiats _ ���;�...,:-;s.��
<br />_ .. � byswnda:dF'uaandExtendedCovetagalnsureucapollcyorpo�icies. whicharilleateaintothecons4ractionofauyallbu�dtngsnow6e�sig�----- .�,�,f•:�:;:;,��.r1..-
<br /> ' in amounts nat less than nec�ary t�comply witb the ap+plicablo ������cted on said pramises: • °��`;'�'"
<br /> � Coinsuranca CIause pe�cntaga.But in no eveat shall tho amounts of '"` `
<br /> � caqamgabalessthanoightyperccttttutn(809o)ofthainsurablovalup 14. 'lfiat lho Improvcmcata about to 6a mado upon tha ps�nises nbove = -
<br /> " . or nat Icss than tho principal sum of Iha Martgago,whichavax is the dcscnbcd and all plans audspcciGcations c�tply wilb oll muniei�ai
<br /> '• lesscr,and in defauIt thceof tha Mortgagee a h a l l h ava t he ri g h t fo o c d i n a a�t a a�d r e�u l a t i o n smado°l P r o mW g a t e d b ytawfulaa�tdontSl�
<br /> � � • effectinsvraaeaSuch�oliciesshallbeeudo�sedwimstanda:dMort- andthatthosamow�luponcaiuple��aom,plyadthallsuchmunidp�t _ . -
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<br /> . , gagea Clausa with!as payable fo tho Mortgageo,as int�cst cnay ardia�ncesandregul�itionsandwitheC�QursoPupplicablefttoratin8
<br />-- aPPpr.andshail6adcpasitcdwiththaMortgagca orirupxtionargan�tion.b�n.a�oaation.aroff'uaInthoavait ���*� f
<br /> tho bldrtgagcr s6aU at any tima fnil to comyly wilh sacti mlas. _-
<br /> � 'Ihat if thapremises covcred hcaeby.oz anYPrut theseof shall bo r�g��anda�dinaneeswldchamnowormsyhereaftabaame v:�'
<br /> ' � � damaged by fua or other dazazd ugalast whieh iasuzanca is h�td ae appIIribla to tha premises abavo dc,ccdbed,aRer duo notice and . - ,�
<br /> , • . hereinabovoprovidedtheamountspatdtsyaayinsvrancawuipany.to deraac�hythaMongagee,theaeaponthaprineipalsamandalla:teat� .+,�,
<br /> . , tha oxtent of the priracipal aum rertiainistg�shfl11 6a p�l tn tho ofint�standoUieeeha�eapswidedtorHe�ceia.shtllattheoptinnof = ;_-
<br /> , Mortgagco,nnd,at tiisJhat option,may bo agplied tv tha dcbt os theMongageabeeamaduonndpayab3c: ,., '':"`>�y�
<br />-. • rcleasod For tha rcpairing or re6uilding oPthopzemiscs: � ; .�` `
<br /> 15. '[tieMortgagareavenanrsandag�easthatsoIong�sthisMoctEa&aa�d ', ` ��-
<br /> � 8. 'IhataUawacdsofdamagesinconnaxionwi�anycorsdemnationfor �o��mse�v:edhenbyarooutsmnding►itar�llnatosecataorElo '- _�_
<br /> � publicusaorinjurytoaayofsaidpropertyarohecebyassignedand farrecoidanyinshumentwi�cbimposesares�ctIonuponQset�Iear �* �m_
<br /> .- shaUbepaidtoMost�geo.andMatgageeishenbyautho�Ize�.3�thn �p��y of tho moitga8�d PmP�Y on�tha 6�s1s oY tue.wier� �•`��.:
<br /> • � nama of Martgagor.to axcauta and dolivcs valtd acquIuanw thcseof ��o��sox,familial status.hamliaap,ago.as aood.uulas •
<br /> _ ancl to uppcal from any such uwac�d; permittcd by�ha Flousiag Act of 1959 os tho Niti�al Atfotda6lo Y�-w•�''.
<br />_ . 9. 'iliatitislawfullyscizcdandpossossedofaatdioalcsmtainlcoslmyla HourL�ActandthoHUDragulationspromulSaudth�drs• . =/�,a`
<br />_ . � ' endhasgoodeigtucoconvayrama 16. 'iliatibofaadstobacdvanccdhaainaroto6ansedintl�eceiatmetian �
<br /> - � ' 10. To kecp said prcmiscs in goad repair.aat8 aoc to dQ.or pormit to ba of certain impmvcments on lhaland9 hc�eInde.�tIbed.in aee�tdanm v
<br /> . . � dono.uponraidprcmisa.anythiogtdntmayImpairthovatuathec�ot, ����I���ODA�emcntbetweenthaMortSsS�� —_---.
<br /> .��.;��-�
<br /> , . � o:oPthosccurityintendcdtoboctPcctcdbyvirtuoof�isinswmcnr . Mortgageadatcd 1�ecember l .f9��_� ..�T�---_ -
<br />-• � . • that it wIll not rnaka anyawcwial aItcaationa to tho 6uildin�witAout . Wh��p;�pdw�neo Agrecment(oxeept sucb Dart otpsrts etioteot ,, -
<br /> � the wciu«n consent of tho Mortgagw;to pny to the Mongagco.or ��ay6oL�eonsisttnt�horewitli)Isincus�oretadherain6yrafetenco �'�t�
<br /> ` ' � depositlnanescmwaccouatacceptabIatothoMorcgageo,ashcrain- ��osameextentaadeffoctasifPollysotfoNrandmadesDutofthis " �'' ^� --
<br /> � aftet tovided.undl tho tanlmawr� data.asam suffcelent to a aU � � �- �.`
<br /> • . taxcs and a uial�sessmci►ts that�otofoto or tcrcatkar may be �P,�Sa and if thv co�tnsction of tha impmvements to ba mado • `. ..�
<br /> p Y pwsa�t to said Capita!Advanca�cacmcnt sha11 net be casIed os ..���y;_-•..- .
<br /> - . lawfi:llyl�wIed.auesscdorimposcdbyanytoainglsodyuponthosaid �q1r�sona6lodliigcneo.otshall�odiscoatiauedatany timafotany . . .
<br /> • •• Iand.osu�onthoMongagotorMertgageooaaocountofthoowaexstsip �an�attu�c�ilcesorlocac�outs,ttieMottg�ge�:iRerdnonatIe� . . •• �
<br /> therec`'itothooxtentthatpmvlsionhr�aoLbeenaiadebythoMattgaSar tothoMastgagororanytubscquentowner.Iad�debyimrastedwi�bfull .. .
<br /> - � for tt�o a cnt of sucb tmces and astessmc:ls a9 hesoinaftor ' �s��
<br /> P ym speeial aadcamDIdoautlioritytoenterapansa�dpnmisa.emyloywatchmen •, a.
<br /> � � � provided in subDaragaph 17; to pmteet tuch Lnpmvemrnis fc�deynAatton as it�ury•+tld ro - • ' .•�
<br /> - � . il: In easo of tho rcfusal ot nagtcct of tha Mort�got to m�ico such �°�p��0�°������'6�d t o c o n t i n ue a n y . .. .3
<br /> and aU outstanding conuacts for tho ccection and eomplotion of said
<br /> � • ' payments.ortosatisfyanyptIorlieacreneumbsunco�arto�CCapsaid � � _ .
<br /> 6uIldings.to maico and ente�into sny contrads and obltg�tion9
<br /> .;� : premi.ss in good repair�the Mdrtgageo maY paY s¢ch taxes�assess- aheravrs necessary.eithesIn hls/heroam namo ar ia tlte nartN og tho f •.
<br /> , . • me�rs,andinsurancapremiums.wheadu0.�dmaymalcosueAnpairs M����d to pay and dischargo aU debis. obl3gsttons. and . ��:;
<br /> • �' . � to tho yrcDerty heran mort�ged as in tho Mortgagee's discaetion hc, ��ap�c�cd thacby.All snch sums so advu�ced by tho Moit•
<br />- � - • sho m�y d�cm neecssary foztho yropesprescevahon thercof.and aay a�����i�of parttons of tha prindpal of tho iadtbtedrtes� � � -�
<br /> � monrys sopaid orengcnded zha116eeomo so much uddIflond Indebf- aw�u�a thraeUy��haU 6a additi�a�l�y fwunea try th3�Mort�ao and � • � �
<br /> � . ' eane�,socur�a6yu,�Monga�e.mboy�idou�ofu�epmoe�asofa�o ��d¢o and�a}rable on danand wlth intesrst et tPto rtte to bo � ' . . �ti.�i
<br /> ' .. saIo of tho mortgagad pnrnises.it not athemiso patd by t2►e Mort- ��by�o Mattgagea.7'fto yrindpal aum and other eh:rg« . �
<br /> ate s
<br /> . gagor.aad shall bear intenst at the rato l0 6o spccitla!6y tho � • . : " ��
<br /> � • MoregaSea hom tho dato of advanco until p�id.and shail bo due anA D�'ide�foshcceia shall.at the optian of tho Mortgabw orholdes ot :
<br /> , thfaMattgagoaadthenotosecuringthasamabecomadtteattdya}►ablo � �:
<br /> � . • ' � Page2of4 tormMlQ�9018SCA ? . � �.'
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