t _
<br />r
<br />87 �sG)pfypa
<br />h) A �n t o it ld fanls, N any, next fie. plus the .
<br />Sefirnated Se fis. Mae covarIng the catgaged Pr pr�ik111ns that WIN next become due and payable on
<br />! Prior to the )has sums she t aaseasmenta next due on Iho rnortgegeq paAciea of Ore and such g►aatd rants. Premiums, taxes by the number of months to slaps e bNae�OpeffY (ag as
<br />'Pay said erfd assessment$ w� become daNn one (1) month
<br />(b) AN paymema ioMd 6' Rramlums, taxes and apectat eaaoasment$; and meant. such awns to be hold
<br />hereby MO be added together, and Meng subsections of this Pasgsph and eg by Mort•
<br />to applied �r he 9anr to the a9pregale amount thereof Shag be PaYcemS to be cede ands the note
<br />asses ft flowing Nems In the order Pak) by file Mortgagor each month In a aInOf ref
<br />(n 9n�tmd ►ems. ainems, gn ai,d an north:
<br />t Irttaetel on the
<br />note Ifeaaed,herebtr, ai+d ° f InStnanee P►arMwns:
<br />( of the Pnnc" of mote.
<br />Any deficiency in he amount of such _
<br />In handling d�igarnryu�ent dogs► (:1)a ch detauN � !s Shag. unless hma �d by the M p due date
<br />aced tour
<br />( 1 for saefn mort Mortgagor Prior to the
<br />t, PaYr c,,h id. Payment more than NN Mortgages may eogect a "fate char
<br />9. That h the total of the een If3) days In $nears, to cover the extra a ge not to ex
<br />PaYrnents made by the Mort expense Involved
<br />loan isy mren by the Morlg� for ground rents, taxes and assessments Of oarrin�su coca
<br />bun is cu rent, m the Preceding shag exceed the a
<br />option of the Mort premiums, as the c,+ may mount of the payments
<br />or refunded to the Mortgagor. h, howey� rtronth a credited by the Mort gagee on subs he, such excess, if the
<br />aufNCigyq to pay (trormd rent, taxes and e�sesaments a Insurance made b subsequent Payments to be made by the Mortgagor,
<br />Payable, hen the M Y the M� .i,� ^, under (n) of paragraph 2 preceding shag not be
<br />f, mmnt of °rtgaQOf shag Pay to the Mort Premiums, as the case may be when the same shag become due and
<br />Such 9raand rents• taxes, assessments agaIns Mortgages amount necessary to make up the degcien
<br />' In accordance atilt the �ovisbna of the note Prernkrms shag be due. If at any time she Moh on or before the date when pay.
<br />5 gee shah, In computing the amount of such indebtedness. secured hereby, fug Payment of the errtke kndebtedneas9 g^ shah tender to file htorigs.
<br />mutated under the credit to the account of the Moire Ind, to epresenhd urer.
<br />provisions or (a) of Parerpaph 2 hereof If there shag be , by. the Mertg3
<br />In • public sale of the txenNSes cover default under an of the balance renr ^i „ir,q in the funds accu-
<br />ed hereby. or If the Mon Y provislonn of this mnrt a
<br />”. at the time of the commencement of such procecdin Mortgagee acquire- t,n property otherwise after rlelatrlb the Mortgngnneeh�llrlrinq
<br />In the funds accumulated under gs. or at the time file Property is otherwise
<br />note. (a) of Paragraph 2 preceding, as a credit against the amount of acquired
<br />lire bailout thin rnrrmirtirvt
<br />4. That the Mortgage, wig pay PrincOaf then remaining unpaid under 57id
<br />imposltions, for w ground rents. taxes and essessmrnIS, water rates, and other gnvernmer tat or municipal charge lifn-
<br />hkh Provision has not been made herearbMore. and In default thereof the Mortgagee may gagor wilt Promptly deliver the ofd receipts therefor tt the Mortgagee,
<br />5. The Mort Y pay the, samrc and Ihnt rho to : r
<br />levied upon this mortgag of the which may be levied upon the Mortgagee's interest in said real estate and Improvement >. which ma b�
<br />such WIN no make INS ban u dew on hereby (but only to the extent that such is not prohibited by law and on to the
<br />allowing ouch srmousj• but mr0 enY income tax. State a F y
<br />e PaYrnenl with the Mortgagee, Upon violation of this undertakin Federal imposed on Mort n ertrnt that _
<br />�aNng hoc Paying file whole or any g, a if the Mort Mortgagee, and win tile ore official receipt
<br />Y Portion of the aforesaid taxes. or Mortgagor Is prohibited by any law now or hereafter
<br />' the Mortgagor of any such taxes. o N such low a decree provides that any of b any court decree prohibiting the payment b 2
<br />iha$ paymmgtnt the 0eabagh have the tutor give ninety (lip) days, amt notice to the them Mortgagor hall be credited on the y
<br />S. That (90) days. given, the sakt debt shag become dug, payable and co$echble atttthe expiration Of Said
<br />S. TMt should M IN to pay any sure or k Provided in
<br />s same Ind AN airpenditures $o mare Shelf covenant
<br />to for c this Mortgage, then the Mortgage,, at Ns
<br />beer Intmset M the me sat forth in the said note, until paid, PrInc sum tea option, may Pay or
<br />owing on the above note, ohs# be secured hereby, and
<br />her >� M hereby aasigrns, hsnstms and sere over to the hereby in case of a default In the Mortgagee. to be applied toward the
<br />and ink to be derived hoer Performance of any of the terms and conditions of this Mort qe or the of the note and eg sums secured
<br />ails$ have power to aPt>alnt mortgaged Premises during such long as the gage or the said note, ail the rents, revenues
<br />a +y the rents, revenues � � e an e, eganta g may desire for the mortgage Indebtedness shag remain unpaid; and the Mort.
<br />relations and et4tansea Income and ernd N may Pay Out of sold Incomes Purpose of r"ki "king said Premises and of renting apPNM lard rya MM � fIn9 and managing the same and of cogectkny� ran s s iher�irIn said premises and necessary om nd
<br />tgage Indebtedness. therefrom: the balance remaining, 8
<br />e• Tbtl a Mort any, to be in
<br />�, the M kfep � imprtverrnents now exiatIng a hereeNer erected on the
<br />aine 9 e e ir"P against bas
<br />rewind by peg Mprtgegae and lire and other hazerde, casusNles and contingencies Property' Insured as may be required from time. to Such amounts and for 9
<br />inM by f �9agee and hwe atgch� In d by On the for Insurance provision for Payment of which has not been
<br />be
<br />made h4rWribstme. AN insurance sf
<br />each WIN give ina"edhte notice thereto bas Payable Muses In favor of and In f and the PoNc7es and ten thereof shag be
<br />try me# to the Mortgagee, who may am acceptable io the Mort
<br />InSUrexnce company concerned is hereby authorized and erected to make lee proof of loss B not made pro Mortgagee In event or
<br />to Mortgagor and the Mortgagee i�+ny, and the Insurance Promptly by Mortgagor, and
<br />Paymet for such bas direct to the Mortgagee Instead of
<br />cfosw his mortgage t a e the her transfer herreeby the secuted, or to the restoration e, thereof,
<br />of the option
<br />rnopgage a oiler epf' n1°1r be aPpNed by the Mortgagee
<br />'oat property dama at its o
<br />Oft
<br />and Interest d Ifne Motgagor In and
<br />to any Insurance gaged Property In extinguishment of the Indebtedness In the event of fore.
<br />9. Thq q add cagahrai a Policies then in face she# pass to the Purcaser or g secured hereby, ail right.
<br />ftereby ga9ae e# Asa 'eve
<br />of the note described, and an sums to grantee.
<br />aaiNgres to the Mot become due under this mortgage. the
<br />aner "'a � � said precbea, with the 601 to receive and a royalties, 'rights and benefits accruing to the Mort
<br />able, but t e�orrdltloena e# nnortgsge, and the Mortgagog for the same and apply them to said indebtedngess as wail before as
<br />Mortgages squired to do so. TENS assignment o to t Y demand, sue fa and recover any such Payments when due and pay.
<br />10. That he arnmm®te and become P
<br />fNorlgegot +v/ keep hg � as in nag and void upon such
<br />of this mortgage, up. it. its said prainlaeg to be used for any unlawful good repair. and neither it. Tlaq g Purpose. � nor permit waste upon said lend. nor
<br />awarded, MM PrenNSes, a any Pan thereof. be ......_ _.--
<br />praaalda for he tatting of, or the � deration the power of ern domain. or acquked for a
<br />mcrpage and he "010 which 4 b consideration fa such acquiskbn, to the extent of the Public use, the damages
<br />f fad hs said than taPPged by the un�' we hereby assigned by the Mortgagor g amount M Indebtedness upon this
<br />Mart9a9ae to be
<br />on account of the nerd maturing Installments of such a Mortgagee, and shag be
<br />Indebtedness.
<br />L
<br />PF
<br />- ;V•a,eq, M-
<br />r'r'9^ ,r 7
<br />
|