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6. if he.,vshe fails to pati any sum or keep azvv •.•ovenant provided for in this mortgage, the Mortgagee, at
<br />its option, pay ,•r pct'•., m the same, and all expondztures so made shall be added to the principal sum
<br />�1
<br />nwmg on the al:oo., otI. la11 be secured hereby, and shall bear interest until paid at the rate provided
<br />F�
<br />for In thf, principal tntl, hie ess.
<br />T 1'fxm re,;w st of 0 1 Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />fur 111v sum f)r sunzk .r,lti t ,a t v by :Mortgagee for the alteration, modernization, or improvement made at
<br />thf` Nlot•t;;agur',, r , z •:izt 'I- for niaintenance of said prttnlses, or for taxes or assessments against the
<br />r
<br />sarne, and for anv t rpose ,•i.sewhere authorized hereunder. Said note or notes shall be secured
<br />; T
<br />herehv „r I part e IIt I I, ruil% as if the advance evider:ced thereby were included in the note first
<br />df u r I btA rb t :ii pt a , . rnf tztal note or notes shall bear, Interest at the rate provided for to the prin-
<br />rlpai indl )t ::1,•>, .,r -,o .1 .1 , I,t• ;la.,tbIv in a1)proxtmateI ;'nil monthly payments for such period as may
<br />tI'. -Ipw. he 'I:• , IFiagce and lLn-tgagrrr. Farling agree on the maturity, the whole of the sum
<br />agr+•cfl
<br />or �zunl< ,,, ,Itl.at •lie an,i pati abh• thirty (:>n! days afte-r demand by the Mortgagee. In no
<br />4 nt Thafl ti'. nta , I,11 b,•yoond the uittmate maturity of the note first described above.
<br />�
<br />H. llf she hereb, Isatl,'t s, transfers and sets over to the !Mortgagee, to be applied toward the payment of
<br />'!•,• I,otv x,'! .tl:.:. -Ir. - ,; h- •r,•lrt az ,.Ise of it default in tln> performance of any of the terms and condi-
<br />ti,1l,s ?1; 1"9. ,:• aoi ?,olv. all thfr rpnts, revenues and income to be derived from the most-
<br />., .. ._ ,nh• .e, th, rrn„ tgaxc ;ndelltednes& shall rentau. unpaid; and the Mortgagee
<br />,
<br />> k ild h.,,, . , . agf•r: or ago Ills it rt,av desire for the purpose of renting the same and col-
<br />::, ,:,, . and .t :. a} pay tout of sa iil Incomes all necessary commissions and
<br />n. an;gnng the same and of t„llecting rentals therefrom; the balance
<br />r, °`rt:r, , , •i !')V_ ;u ,l the hlwharge of ,aid mortgage Indebtedness.
<br />b. 111, Sht• w:ii t olk!.nu„usiy ma,nuun hazard insurance, of such type or types and amounts as
<br />Mortgagee inw, front trine t,., inne require, ,it the Improvements now or hereafter on said premises and
<br />except whir: payment for at; .u, h prernzunr, has theretofore been made under (a) of paragraph 2hereof,
<br />Will pay prcmptiv ;their tlut any premiums therefor l:pori default thereof, Mortgagee may pay the same.
<br />All insuran,.e shall b, , arriod to , ompiti;ies approved by the Mortgagee and the policies and renewals
<br />thereof Shall kx• held by the MortgVcv .end have attached thereto loss payable clauses in favor of and in
<br />t
<br />form accopt.abie' to the �9<,rtgagef•. it; event of loss Mortgagor will give Immediate notice by mail to the
<br />Mortgagee. who may ;nor proof . f ios If nut made promptly by Mortgagor, and each insurance company
<br />concern,�d Is nrrt•w� ziutl ,.r :.,.f and dtrected to make payment for such loss directly to the Mortgagee
<br />Inswad •,i t,: +.he tiinrlIµ fn and th,' '•1,rrtgar;ee ;nintly, and the insurance proceeds, or any part thereof,
<br />;.
<br />may 1n' appil, -ti i,) 'ht- \f•'rt.a4.! at :t., .,pui,n f ith,•r to the reduction of the Indebtedness hereby secured
<br />or u, the r- sit >raL „s: •,r ret,a:r ,s ti,c pit q rty .lamag.Vd. in event of fort-closure of this mortgage, or other
<br />tr,utsfer "t .,u,• .,, ;Jv m "r'In , d ; n,p, ry .• xtuiguishnient „f the Indebtedness secured hereby, all
<br />right• ntJt alit', ,r :trr,: _. ,n, it „rt; n},,r in ;i,d ;<, arty insurance p0l;CIVs then u, force shall pass to the
<br />�
<br />purchax•r or t,*rar.tre
<br />L 1, :1,• . :. - . , .,:r.• nt t!u t, i .,,.i all ,urn? t„ become
<br />ni,it t . ;,, )1•rt} ago I �, tt, I>unuaes, prohts• reve-
<br />nu , ago r uo,'' ..t} an,i all <)11 and gas lease,
<br />j, nu.•, :, ,tit tI: 11ght h, rkwo,II, t• anti receipt
<br />_, ; ,•. ; ..I;t�•t !attY in th<• c,tndiitons of this
<br />a,: r.tF o _t:. u:. a ,. tool nn•.;`, ,. h-it .:u,• arid p ay-
<br />r., ,t: ,t h,” c; ..ui::tnd t, :,1 1:1) ,1
<br />1 1 Ne sh, �n.d! i�oi r ;o,•ruut ?..t_sii ..to,i ,r,nli tn.uotatn the property in as good condition as at
<br />;•„ ., . ;,... ., .. .u,ut• .,, ., n :a :nLt,,,. tl „I'a> aK, , :,t ;ts option,
<br />I a ? : :, _t t. ;. t. - i„ , ..n .tl 1rn , ,;t or Milt"g,tgot. .1I)v anloorlts Paid
<br />u,o ;p,ti n,io i,t, ,itt.•s.. shall
<br />is , ,t;�•.. i,.;.,, .. „! h ,. 1rrun, i ..,It;u ,• .u.'i n a party % %ith all
<br />�t!t :,..,tt. ... �. :�' :<11 •• ta... ., nth t -ll,t ,la�,alt r ol.mtutd.
<br />i_ !' i tt :.. ! '; :,!. r :t: v,•.,o r .f , rt :in• lit d, main, or
<br />.tc. 'H t - , .,N ... ., 'f' Ev:n, _ •t tL, .;l .;r;F• .i' ! }• c, 7;,,, -, 1'atlull for
<br />,11
<br />. .. :1• ,. , - ., :' ,. „ ,it.. '1 :11, ,.;I .7;•!, „111, -1 t,• -d 11L 01:
<br />tI,•ttg•ty,. _:, l , t .r., { ..I. !„ Ia,oi ,•�..., ... •i �L :tgagt.,: to be
<br />t. h: rttort
<br />•tats:.
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