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85- 104705
<br />6. If he 'she fails to pay any sum or keep any covenan=t provided for in this mortgage, the ; Mortgagee, at
<br />its t)ptic +n, may pay or per; -win the same, and all eap - ndit.ures so made shall be added to the principal sum
<br />- t} ing on the alw iii: =tv, ,half l.+r x,fvurvd IserOb-y. Arad lb u intere. -t urx;1 paid at IthE rHte pr0*O.ded
<br />ftm- in the principal indebtedness.
<br />f_ Upon request of the Mortgagee, Mortgagor sh=all execute and deliver a supplemental note or notes
<br />fl *r the sure or sums advanced by Mortgagee for the alteration. modernization, or improvement made at
<br />the Mortgagoris request: or for maintenr ee of said premises; or for taxes or assessments against the
<br />.same, and for any either purpose elsewhere authorized hereunder. Said note or notes ;hall be secured
<br />hereby on a parity tcitla and as fully as if the advance evidenced thereby were included in the note first
<br />described above. Said supplemental, note or notes shall bear interest at the rate provided for in the prin-
<br />cipal indt- btedness and shall be payable in approximately equal monthly payments for such period as may
<br />he agreed upon by flit-.,Mortgagee and Mortgagor., Failing to agree on the maturity, the whole of the sum
<br />or sums so advatwed shall oe due, and payable thirty 3111 days after demand by the :Mortgagee. In no
<br />event shall the maturity extend beyond the ultimate maturity of, the note first described above.
<br />$. Heishe hereby assigns, transfers and sets over to the Mortgagee. to be applied toward the pay -anent of
<br />the note and all ruins relays ed hereby in case of a default it the performanvc of any of the terms and condi-
<br />ti *ns of this mortgage or the said note, all the rents, revenues and income to, be derived from the mort-
<br />gaged premises during such time as the mortgage indebtedness shall remain unpaid, and the afortgagee
<br />shall have power to apixmit any agent or, agents it may desire for tlit, purpose of renting, the same and col -
<br />h -sting the rent< rv, enuv, and nitome. and it may pal- out of said incomes all n -eessary.commissions and
<br />=al tos itteurred Ili n- lit "ng anti managing the same and of collecting rentals therefrom: the balance
<br />remaining if a*iy tr= p,;. 7lap l od tmvari the discharge of ;aid mortgage lockbt+Anesis.
<br />9. He she will continuously maintain hazard insurance, of such type or types and amounts as
<br />Mortgagee may from time to time require, on the improvements now or hereafter on said premises and
<br />except when payment for all such premiums has theretofore been made under tai of paragraph 2 hereof,
<br />will pay promptly when due any premiums therefor. Upon default thereof, Mortgagee may pay the same_
<br />Ail insurance, shall be named m companies approved. by the ?Mortgagee and the policies and renewals
<br />tbere if s3lEiil . fie- f1,ild.. thv t$» MoptgB_eve-ii and hate- 4ftArhe also to li— nr avahlm AA— in f- �f =td
<br />form acceptable An the Mortgagee. In event of toss Mortgagor will give immediate notice by mail to the
<br />Mortgagee, who 1W make proof of lass if riot made promptly by Mortgagor, and each insurance company
<br />concerned is hereby authorized and directed to make payment for such lass directly to the Mortgagee
<br />instead of to the (Mortgagor and the ?Mortgagees jointly. and the insurance proceeds. or any part thereof,
<br />may, be applied by the Mortgagee at its option 'plover to the reduction of the indebtedness hereby secured
<br />or to the restoration or repair of the property damaged. In event of foreclosure of this mortgage, or other
<br />transfer of title to the mortgaged property in exuaguuhment Lit the indebtedness secured hereby, all
<br />Tight, title and - intex+est of the Mortgagor in and to any insurance policies then In force shall pass to the
<br />purchaser or grantee.
<br />10 As a4ditio al s.W collzatet a: sevura y IkIr Ih*,, prat°m;,nt of Ow note des r ,ncA anti all sums to become
<br />due under this mortt4ra ,a::, vhv '_Mortgagor hserelay assigns to the Mortgage all leas bonuses, profits, reve-
<br />ztucs, _ryaltaes, r tglt s, and other Is, it+ €via accruing to the llior .gags >r unisr r any and all pal and gas leases
<br />now, or during tr.s Wlfc ,.t tu_i rn1 =r4.gag -_ - -xevutatrl on ca +,I p rt,misea, n><itlp tfw right to receive and receipt
<br />for the satiny and alrp3 tlzr i:i tea said lndebteiki ^ss Sa.. wt4l ?,iefrsr- as aft,,r (lefault_ in the conditions of this
<br />nut ll „agte. and tt..- Atsrx•tpagt , rn.a, 4 - .n„an,eL tut I ' allu r {q )iz?r any
<br />such payments then clue and pay-
<br />alilel but sliali nt.rt I_* iequ. i si; to xi,,. This 4Lg4ignjn1cnt is to terrnin<at -, and Ile( Mme null and void upon
<br />ra at. =a,� of this mortgage:
<br />1:1. He)sbe :shall not ommit or permit waste; and shall maintain the property in as good condition as at
<br />pastetsen,t,, rvasonable sear and tear ,. xcepted. Ut,t,n any failure to so maintain, Mortgagee, at ,its o�ptivn,
<br />ra sy air , if,a «far n.az i : eAnue „ ,rk t= lc- Ix -rf )lined a tt> cost of - Mortgagor. Any arnoun *ts paid
<br />til" 4or b1 Wrlg"gt-v shall 'font arrest at the rate pros.ied for in the pr_laup,al mdebtec n &,c, shall
<br />thvreupurk 1Wculnt• a part of the indebtedness s+rured by th, . Instrument, r;atahip anti , n a purity Fs ith all
<br />other iwrreb,y,_and shall bt! pjay able thirty t30j days Aft,: r demand, _
<br />12. If the tnnan saes. cir any part thercoof, lx vondemn d under the Ixlik=r of eminent domain, or
<br />acquir*c=d for a puu:,c uLv, thi: damages 3v ar,led, the pnx,,,= wis for tl r .a mg c.f. z,r° the- v r nsid- vra0or: for
<br />sucle a,° put itu n, to . hu t.m of tht- full ain::uut caf thi#, :rUi nw-ul .g utiji.a =.d:
<br />Truirtgage. tar htr,bs- as"Ign: i to .the Mortgagee,, and shhall Ix: paid tsrth� %iii . id ylzrtgagt>,,_ try lot
<br />applia:d- tin ascuu t ,t th,, ass zlaataeing, 'ir -tall:nier s isf sudi indebtt,ineas_
<br />1a. If th,_. M i.$ ;1g. r fails to rmaiie ant l.l?a _ia ivrh n €lilt 4r:r to ` -. ,r and ,,ompl : ;th any
<br />ri ifier e:nneiati : >r. „n ti, 1 t oi,. t- .. th
<br />t f7,rf: l i.it2;m:.u.,. zt ..,a<rrat ,t4 s, ; ;sell it t__ ': f tit-
<br />yl,trtgagev-, and t,r " a�cr>t9agt 'Snit ht,rt : etz a: hr 1i. 1 t� , ,,r t -ii =.? `ax t il° tiY t;3 ?s, `f i >trs ;-
<br />i..k'•ss hi, r by iSt IuL'zi-iti, ii. CL S*, Li ahKir 2 -.+' .S, s.ip,. A-1- ti.
<br />gage ter the tiinc: , t .ar >t,r; ,.ct:,g. 1U, _ti :.,,t. :a r .ms.,nabl. ,.':,ter <. S aT.,t .,,,. -.n: pa; ,a 1j') tin. t f:.e -rana
<br />A,dnimistraiiu.i e>rt of tray jtuaranTy ,2r Insurall, k <.+ thlt
<br />$.hall be included in': the r,,•ex't* e4 !'"r'dosui-e•
<br />14. If the itidebt.ednessse,curril here g> lit, guanisv2 „-. .: tr =_n ttr dt q Ts 1 -.
<br />- Stich Tctl and 1I 'riiatic:n4 -_ :Uri,, slit -r$iif ;fie•) arx i i.: "'1", 1 "t ai,., %, is "-of 479;01 rj,'o ri IL', ngh s, dw 7fS+
<br />tttl lrlmlosisinfl; „r t?wr peart.w s h arc i, _,.:,rzcl i�aa. lrr , ; wy ? I. „ , �+¢,,. , :")M, .jt. • v -t ^it,•d rti
<br />htzz3i s'a I vas i,- 4itc >c.ur xh"+ an, JO!,- h, I,,,, tin,.: n ti•d t
<br />csrax,trtaa
<br />'I"l:+ a ;,,f r34a,.i ±imps,itNii ,r,:zr« _
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