|
100620 _
<br />made .hall be added to the principal sum owing on the above
<br />1*4. That the Mortgagor will keep the buildings upon said
<br />note. shall be secured hereby, and shall bear interest at the rate
<br />premises in good repair, and neither commit nor permit wasax
<br />set forth in the said note, until paid.
<br />upon said land. nor saS €e€ the said premises to be used for any
<br />unlawful. prlrpose.
<br />'. Thai the Mortgagor hereby assigns, transfers and sets over
<br />R) the !Mortgagee, to be applied toward the payment of the note '
<br />I I _ That if the premises, or any .part thereof, be condemned
<br />and all sums smured hereby, in case of a defauh in the perfor.
<br />under the perrQ of eminent domain, or acquired for a public
<br />naaatre of any of the terms and conditions of this mortgage or the
<br />use_ images awarded, the proceeds for the taking of, or a ie
<br />said tee. all_ rents, revenues and income to be derived from
<br />con4deratiom :' inch acquismon, to she a em: of the foll
<br />s.
<br />the mortgaged premises during such time as the mortgage in-
<br />amomit of ` indeftx1riess upon this mortgage and the toe wbich a
<br />debte don shall remain unpaid.. and the Mortgagee shall have
<br />is gm— to sctsre =e#tsa atrig impaid, are hereby Eby
<br />power to apj3[7tni any agent or gg .tS 72 may SleeSiiie for the pSllr^ -
<br />Mint ;gagor `a the Mortgaj=. and shall be braid forthwab in smd
<br />pose of repairing said premises and of renting the same and cot-
<br />Mortgagee to be a shed by tktc iazrcr on a €ionor of the Tim
<br />lectm# the rents, revenues and income, and it may pay out of
<br />maturing s of sach in less_
<br />said incomes all expenses of repairing said premises and necessary
<br />commissions and expenses ir>curred in renting and managing the
<br />I?_ "l"hr 'tr.gr further agras that should ilti . mortgage
<br />;
<br />'
<br />lame and of cotlectt rentals there*rom; the balance remaining.
<br />rig nna8,
<br />amyl the hereby aSX lK clle for "instrrataoe Sad
<br />. .
<br />if arty. to be ,applied toward the discharge of said mortgage
<br />the How=4 A= within 60 days
<br />indetiredness.
<br />frlarr the dw aerro# t+ar%trert statement of an} oilier" of :;ac
<br />& That the Mort
<br />Mortgagor will keep the rmpras ;memos now eu-
<br />B Urban De rl t or audiorcied
<br />esriaig or hereafter crected our the mortgaged property: insitred iii
<br />!Se Sescreral, of Hem and Urban Dedolimcinst Anted
<br />maz be required from rime to rune by the 4fiortWee against toss
<br />bNE40M W the Go dayS days` tune from 'the dace
<br />'N - re and otlxr hazards, asttalt:r s and i ctintittgcmtles is such -
<br />At this =oc°.pw- : to nsum said note ant?. L
<br />amounts Arks for such - periodfr as ma) be 'required by dw Mort, -
<br />tWM9 litt=104 000CINOIN'r proof Of SIMCh UICOgibilit1j, "- -
<br />6'. _ ee and will pay- prorreptiy, when die. airs premium ft$ such,
<br />.a' %C
<br />rm o the 'mate may.. at its „ declare aff Sam
<br />'
<br />msuratice provision for payment of *which has not been inaCi
<br />wn_ ^-cd Nri date and payable,* A- lit ,
<br />herrr mbeftb<e .All insurance shall be cartwel m' ap
<br />- prined ley the Mo tgaw 2nd the polietts and rctrw ah thereat,
<br />=.. .lam if be Mlor jtapor.l3]:i to make 1$9 'pay$ S of
<br />shall be held by the Mortgagee and hate attaciid tberern, loss
<br />=0911ev Whm rbc sane tiMOaaae Tine. Of fails to Walbrin to aid
<br />pavabie Loa uses Ut fa or of and in fpion �le to- -he Mme-
<br />iC�aYtt'i7'1, xtFta be � aSnS +ear '^n
<br />tgagte_ in event of loss Mortmer will give amen diaste -knior tft
<br />tbhn mar4ape_ xtotie w --h it NDCWC&, W tbr, rime p -
<br />mad to rbe Mcopgec, who may intake proof of'ro% if not rnaa*
<br />_ iMils AXW ;s,- V&_4 JOWeR shag a orb braamt thile and
<br />Promptly by Mortgagor, and each tmsuratttx
<br />-'tie, or the rkcz o of the MorsSwVe. and this
<br />�
<br />- is tierrtra authorized and directed to make paytrie a:' for loch 8m
<br />-.rhrrrmmm to amm� mimedundy for the Rbok of 4=6
<br />4MEM11'r to the Mo{tg W instead of to the MortMor and rite
<br />maiieg. grey- .= mss. s,. axes
<br />�t
<br />'M rigapee pointty^ and the Emstmaace proceeds. err amr par
<br />a= of the of title from rbt Aar of
<br />diemnO, may be applied In the Mongapee at its of+sictr+ eats =o
<br />''Qs 3" to Tsar :. _ s ftittc� ie ! 3 a=d a
<br />the rsslw cnian of zlic trusemcdmess etsreby serum* or to the
<br />arms ir. aA ate' wbwh MWA be : mcktoed sn rlae
<br />f
<br />restoration or n varr of the i topetty damaged., In event
<br />ae-ce of c AW ow contract embo&ed MR this -
<br />foreclosure of tho mtrttga r or otlre`r transta of tale to The tnesr-
<br />And Wft=4W- bffcb, . shall iaa all rtspoom he
<br />tgavd property im exai i> ao"t of the erplebteclmaa secured
<br />= k1r� "a # ad: Ra else iattas of +; rasitat '.fie a za�t
<br />F"
<br />berebc, Ali right_ Tale and iacens: of the MortlAtm in and w,
<br />a..
<br />my ae.cwimot Policies, then in f0fat -shall pass 'to the Purchaser of
<br />-
<br />- �* CO- Maw- *, OUR brad. &.p
<br />_
<br />gramtex.
<br />and Ad.ainaom sba& =are aoa 'fie respe- mss, s fir. ad-
<br />A Thai , )1
<br />..,ai a coma and collateral serial ieitiri i .e or ::#6 t °sue m€
<br />.sands. and a o taae paws be new
<br />1W' t me i sba =dndie , nom_
<br />of the now described. aid aA sums to tt�o�bbootioie' diu::incur itus
<br />* � "1�� a&,
<br />dl ..bC .a and "e f $i5� '.'8£#t1 '+�Y (C
<br />=
<br />Ala � GSM
<br />x Wa
<br />yrofets revue, royakties. norm to the
<br />5
<br />Mortgagor under cats and aQ 00 and gas kaws im sated prentuies.
<br />lie f —1— 20 arras p—. l .
<br />with the right ter rroet a and rimewt fair t!�e same and 240V thitnt
<br />.0 dwa Armral. and kwal ninparr, this zttasec -e ff
<br />W said indebtadness a5 *ell before as after drfauh' tin. the ctit --
<br />be s: t And Wd ae ":lye expo tie C=a. the %ts.` -, -
<br />--
<br />tions of this mKirtgaw. and the Martsagec mjta dem"a, Stir` .Or
<br />be And T'C'rgim to full: uwr r Wid eff:%M.
<br />-
<br />- -
<br />- And recover any inch paymaexass when dale And p" at* . il'e
<br />_
<br />��•vi3w3��. '-'.� f+%�i. 3mL rt`z. :� "-' "
<br />.
<br />'Sipe be requard 2a9 ?s'Z do. Tltxi ° tS t" '_-n S# W_- =d -
<br />� A C'= 1::.-�- t" - ME ' s" -
<br />bowime null and v mat release of tins mcwrga _
<br />AM "_`:Xw –PU ?HIS .40R*Y AM_
<br />IS a .ie+eaf the Martgagortsi ha 3 aemt� �^ ea
<br />- a:amdt_i the do a'S 'ear » rst 'a�.vs
<br />preset -e of-
<br />MIS Option Say rat be e erc sed Zy :,s"aE'.'
<br />-
<br />mortgagee v tie ireligibility for
<br />is :due m tin tnortclaaeelS failure tG rewit
<br />- -
<br />- the SaOrttlage irtsurance premium to the
<br />
|