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-- 101Sri M
<br />G. If he fails to pay any scum or keep any covenant provided form this mortgage, the Mortgagee, at
<br />it>c option. may par c)r per: a•rr: the same, and all expenditures so made shay] be aced to the principal sum
<br />owing on the above nose, shall be secured hereby, and shall bear : nterest until paid at the rate provided
<br />for in the principal indebtedness.
<br />±. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mortgagee for the alteration, Modernization, ; r irnprovement made at
<br />the ]Mortgagor's regt,-_st. or for maintenance of said premises, or for taxes or assessments against the
<br />saute. and for any other purpose elsewhere authorized hereunder. Sa:d note or ?antes shall be secured
<br />hereby on a parity with and as fully as if the advance evidenced *_hereby were it c-luded in the note fist
<br />described above. Said supplemental note or notes shall bear im re =st at the rate provided for in the prin-
<br />cipal inlOebtetedness and shall be payable in .approximately equal monthly payments far Such period as may
<br />be agreed upon by the tlortg.agee and Mortgagor. Failing to agree on the rnai ur:ty. the .t hole of the sum
<br />or sums so advanced shall be due and parable thirty (3 0) days after demand by the Mortgagee In no
<br />event shall the maturit: extend beyond the ultimate maturity of the note first de_ctrib d above.
<br />S. lie hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br />the note and all sums secured hereby in case of a default m the perfonnanc -e c,f any of the terms and condi-
<br />tions of this mortgage or the said note, all the rents, revenues and income to be derived from the mc!rt-
<br />gaged premises during such ', me as the mortgage indebtedness shall remain T?npaid: and the _Mor gagee
<br />Mail have power to appoint ar.a- agent or agents it may desire for the purpose of renting the saine and col -
<br />lecting the resits, revenues and inc,ime, and it may par out of said incomes all necessary commissions and
<br />expi =uses incurred in renting and managing the same and of collecting rentals therefrom; the balance
<br />remaining, if any. to be ap phed tr .vard the discharge of said mortgage indebtedness.
<br />9. He will contirtic,usly maintain hazard =assurance. of sueh tape ortypes and aTm,unts as Afortgagee
<br />may fl-' -'m time to time 1'e :iire, on he improvements now or hereafter on zalld premises anC + :except when
<br />pa -vment for all such p7'+ miun -,s has theretofore beer, made under (a) of paragraph 2 hereof, pay
<br />promptly when date any l renliurns therefor- Upon default thereof. Mortgagee may pay the same_ All
<br />insurance snail 1— carr:t -d in companies approved by the Mortgagee and thr nnlicirs and rene- als thereof
<br />shall be held by the Mongagee and have attached therew lose payable clauses ir. favor of and in form
<br />ac,:eptable to the Mortgagee in event of loss'tfortgagnr ;will give immechatzz by mail to the Mort -
<br />gag : -e. whr> may tna ?;e proof of loss is not made promptly by ?►for :gagor, and each ;.:surance c, +mPan•,' r-c;n-
<br />c"erned is h; -rebv auihor.ze( and ;rected to make payment for such lc,ss dir.�c. }v to the ? ;vrtgagee 'nstead
<br />of to the Mortgagor and the Mortgages jointly, and the insurance proceeds. trr any part thereof.
<br />may be appli, -d by the Tvlortgatee at its o-, tion either in fate reduction ) t i7 * - s= lterrb etureci
<br />or to the restora ern +.,r --na r . - the pr,,,perty damaged. in eient of foreelosn t .. }i s nx-'tgage, ur other
<br />t ?'ai152er „' title 20 ill ...7^_gagcd pr'perty in E].'.nguishment .rf -he .7`.ili: :_ i ?' :_. 't-Lured )?_.elvC a;]
<br />rig!'4t, title and intern t ,7 *lie Mortgagor in and to any insurance pc,i_ -_ _.. -n ;..: _hail prySs io *_li,_
<br />purchaser or grantee_
<br />l0, as additi :,na, _.,.tl ..,;l2 ii.!'a: secure. Gr flie t?a} ^nerd . "f _h1: r,+ tt -.i.:! i., ;........ c?7 ^ : ,.. t?2cu ?' ":P
<br />du, under iliis mc-rtg: ge. ti -_ M(;7 _ r <i ) ? ._ it:• ;4,.,. -
<br />l;
<br />noes, ro, a:me:_, right_ i ,alloy' ]x ?.efts acc'rui :g to he M,,] g agor ur; .._r a n -1 .)it and
<br />n(;-r:. or dunng Ine 1=f ' -- t1;45 -1 ,r-tgage, ext -cuted on said ; +renases.' 7t,: _l.c' gi,t to
<br />"or i.;2P saute i';i1 aj?lL ti]fni t.G S;vd 1 lG�_:I?teiinea� &5 `•�a1i Jit Ore 35 of �r "r "a3it :.. . ?: �C7_,ai Lr .L Till
<br />n, * :rtgage, Lrjd the 3I ,, .g, may 43,maud. suf fur and, .,c,,i,rr air -7.C% , �s u- d
<br />ar:i }ail: not bt- ,, ..:!l ..0 .. �, a... P14- -- assi'trr;men', .s ._rmim l' a):,.. ...Cr. ^,.� ..<.; ... _ _
<br />] "d4e• r this rn< >r:gage...
<br />I!- He shall not >r. rn!i P.'e]t aas' ,+, _ . ;ra the
<br />an, l t-ar excepted. 7'p .r, ar., :a71 .E .c ._, nlal..� :., ✓..7., -e . it is ;Pt.iG i
<br />ma:n'tnance %lork ?r be p Ta ,_, L. the eoSt �A' ;w Ii']1;,r17i?.5 paid
<br />`E;tn ls) 34r.ri2gag, e .., ill ar interest at the rate ; v% at, rar 1 I t
<br />; . In s; i
<br />j.r,
<br />. r :.' %11?irn i, •t .2t H ;,a ?'t +:7 i. : ....., 3bt>Fd P,ESS. Sea ilred }}i
<br />1-3s m.'Irum? !Tit• rata:,, c: ".ri .. i c ....
<br />, r .:iz4.L .1- T,a3 }. 'ebc'. and shall bt- ;7av able tr.irT 3tt) r:a, m3 ^cl.
<br />12. or
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<br />sad, n cal- w.,,!t sri. tO by Lr,!S
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<br />all, ;i _�; ;n uc u'7r.: •.' .1., a� . 7� :.u! ..,� :.s.: r.r m,)as . , �cn 1c�bt� :r .: a:. .
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