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$5-+ #,'#)6400
<br />prepaty sthera.ise after taril -,t-be T+t Flga>xe shall apls35'.at the tame of The taarnaerc rr. o emu' -a
<br />e&ags, 'or at tlue time the :Fr ray s z,)t#nemjs;e aciquired, the amourA then rfmaannn9 =f; C`t of
<br />a , Via; oaf fah pr?c ding, as a cn_xri,t on the inti sit ac r a and unlnaid and #tie
<br />WORM 1 the pirimpid them remaiarxng unpaid On sand crate,
<br />d, liar liexa of *is strunwat shall remain is fun f' and effect during and ptcctponsm< :rat or exten-
<br />s of the tim of pkvm mt of the im& -ble driess *r aa3 part thereof secured hereby
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<br />S. Be WHI pay all grt+amd rents, taxes, assessra:ertts, -Azer rates, and ;ether gulernaaaentai or manic pad
<br />t im s' levied upon said premises and that he will paf, all taxes iev-ied upon this
<br />or the alb. a therY�y, together with any other taxes c r assessm is which iriay be levied
<br />1 the lays of _Nle�s: a agar the Mortgagee, or the legal holder of said principal note, tau act-Ount. of
<br />tkialindebtedness, except !Kuril& pa.Nwient for all such items leas theretofore been trade aln&T (a) of ra-
<br />i be cif, and he 7rilr v ,ielav -er the oinria3 receipts therefor to the Mortgageee. In default
<br />#lee- j� � My the same.
<br />f U he fjub to pay auy M keep any covenan, provided far ir. this 'i+. c,rt gage, tl c Vt• artga.�gez, at
<br />its ,op i ,, may pa':' or perform tie same, and all expenditu *es '40 made shah be added t: =_, the principal =Slim
<br />owing the above note, saaall %e sec -used iaesi,g, and _uvi3 bear irtert.s a {t the ra�.e provided for an the
<br />principal an3ebu dsness until paid.
<br />7. Upon request of the Mortgagee— Mortgagor shall execute and de;iti er a supplemental note ter not'es
<br />for the scam or sums ,adti anted ky Mortgagee for the alierataan, modernization or impro- e-Ment made at the
<br />NortgagWs request, or far maintenance of said premisesor for taxes or assessments &gain: i tlae same,
<br />and for any other purpose elsewhere authorized hereunder. Said note to notes stall be secured hereby
<br />an a y with and as fally as if the advance evidenced 'hems were included yr the note first described
<br />abovae Said.guppliemental note or notes shall `bear interest at the rate p1 ova3?d't >r t . the p tnciTk+: nrde%,t-
<br />s and stall tae payable in apT± rxinaately equal montilly payments; tear such period as may be agriF,'c
<br />upon bs the lfta.�tga;ee and ]Mortgagor ;Failing tan agree ire the maturity, the �rhole: of the Burn or sates
<br />so add shall be due and payable thirtz (.30) days after demand t:,v the MCI! ;gager_ 3 n of r: yet shall
<br />the tzsataar-ity extend beyond the -ultimate maturity of tine note fzrst described above_
<br />8. Be hereby assigns, traussfers an3 eels over tt the Mortgagee. to lee altp +std toward the pai-M&nt Of
<br />the xe and art sums secured hem-by in case of a default in the performance a' n. of re tee and c'n-
<br />ditims of this Mortgage or the said mot=e, all the rents. revenues, and in-,me to be dt nz ed from tine rec,ri-
<br />A i,es during such time as the mortgage indebtedness shall remRin unpaid : aTtn the 1Iar gakee
<br />srnal3 ha pca>xer u, appoint any agent or .agents it rnac des ne fc,r the purpose of renting the ca*r,r and
<br />collecting the rents, re —Mutts and :nca me, and t may pay out •A _sa,a incomes ail ce:t2 . e r�rtn�s, as
<br />seed exryE.. nses incurred in renting and mmnaging the ,=je and of collecting ren+ 's hrre.rom: th_ balance
<br />3wnain nag. if an„r., totae applied toward the discharge of said mortgage .ndeblearess.
<br />9. He will ccntatin uous y maintain hazard surance. ref such trlae 1 t }T,e' and arnnnurts as vii MC,ri-
<br />gagee map frovi time to tinge ryguire, on the in p c •,ement.s now or hereafter on said premises, slid except
<br />when pa }ant for Ali suc% pta�tnms has ?heretof. re beer, made under, 1 a) o oat grap3t ' r er2c>I ,c ] F.a:
<br />pet ipt tvlteH !tom 7 therefor. L pcln default there d. '_Vt) tgag c eta-. nnz the cat' y All
<br />ins:raarx mail -be as arsee an companies approved bs, the Mor gager and the p :,i, t . at erev.
<br />shall be held by the IlMtartgagee arad trace- atiadied *hereto loss T,a.vable clauses IT! .a r of an 'd
<br />yrcceptat>le Gca the J%1x tgagee. in event of lass Mortgagor will give imrnediatt note- ac mail to the `alc
<br />gxgee -%�ho may make proof of lass if not made nromptiv rat- M- ortgagor• and rash insurance con g._
<br />concerned is here'kv authorized and directed to mate pa ?, Went i'or such IWSS a r ct; to the Aicrt a rr
<br />instead of to the 2.ft+rtgafior and the Mcrtgagt� �ointh and the nst.rarce proceeds, c,r an)- part thereof,
<br />may be applied by the .>r4tartga►gee at t #s pt rot rith< >r t., .}.e redo •t,F,n r f the indebtedness hereby ti ctr are^
<br />tea the rest orutian ar repsir t +f the T rn ;i f? dama�€< d. Tn e . n of fr rec lasurr of this tnortgagP. ^r other
<br />transfer of title to the rnc,rtgaged property in e•xtin{,*rt�shmFnt ,f the ,r.dcbtrdnrss secured hereby, a+l
<br />right, title and .interest of the 'dlcw, t :gagr,r in and to any imsura.w ;eotu:es then in ; ,rre shall ;lass ? , the
<br />purchaser or grantee-
<br />v.)- As additkmal and collateral securit ;• for the Taal'tment of the- note described. and all surns ', zo—ne
<br />due under this mortgage, the Mort Mgor he'reby assigns .<; the Mc,rt,gagee all mace t,anuse� T'r "Fits. reve
<br />II1�. rD allies, rights and other }renefits acs r tang tc f •'e 94ortgager under ar , and all oil nn gas leases
<br />now, or during the life +)f this mortgage, executed on said pre mites. „ it}: the ight t,.n recE e and eittt
<br />for the same and apply them to said irdetbtedn s as w, +
<br />after r c -fauli less the a nditio;ls c,f L ie
<br />trlt9149W, and the Mortgagee may demancr, sue t,,.• and 3 e� ;o� r .�ns sLt i- T. a:-nients when dine and payable,
<br />butshal3 notbe required Soto do. This as igT-1 ent is n ,.ermmate a -ld i�c, omc nu.1, and -void upon release
<br />Of this mortgage.
<br />il. He shall not commit or permit 1 +as :r and shall era :ntatn. the propt•1-tc in as good cond tic,n as at
<br />presrent, reasonable wear and tear excepted. 1_;x,n any failure• to so mar:ttain. Mortgagee. as s option, d
<br />may cause reasonable maintenavre work +o b:° performed at the cost of Mortgagor. Any amounts paid
<br />ther,efcu by Mortgagee shall bear int.eresi at the rate provided for in the prnncipa rnaettedress, shal.
<br />thereupon tae+corrie a part of the indents dress 4 c'un -d by this instrument, ratably and on a panel n nth all
<br />other indebtedness secured heretrs,, and shall, he payable *thirty (30 days after demand
<br />32. He will notexecute or file of record an} instrument u t,ch impo-Ws a restriction upr'r ne, safe c,r
<br />oocupancy of the property described herein tar. the basis of race. color or eneexi.
<br />13. iftt* premises. orenv part t3terc <,f. bt• condemned under the volt' er of (- minc•nl dt)main. c,r ac Qt,lred
<br />for a public use, the damages &warded, the p7-cwt ds for the taking of. or the consuderatior, ern such
<br />scluist{ cn, w the extern of the full amount of tfie remanrmg unpaid mdebt+dness st -ured bti this mort-
<br />ga , are hercatly assigned tz, t:tnw_ Marl.gagee and ihxii tea paid Torihu't.h to said Mortgage�t, t,., ,x r,,T,cird
<br />¢n a omtst of the lax£ maturing installments ,f 5uch indebwdne. ss.
<br />34. if the Mortgagor fails, to make, any pasrnents when due or to cone —n t„ and om;) rt}, anti'
<br />of the Conditiinis or ag'reerneniv - int.ainOd .r tl!is trt�rtzaV or e.hv n ,`rs ah c}, it or if t} c Imort-
<br />tw adjradimt,ed bankrupt or -made deftgndant r1, a baetkruTrtr �- or . eceitt rship ;,rw,w -di ey 11)1-1, ..hc.,
<br />rsstit* 7rs laal sum and accrued interk -M "hall at ,.,nc«� 4x�orne due arE� list =ai,}c, at tht� t}t r�tir,n o'' tat j'.'
<br />M`rt-
<br />R! '; this myr gag :, Thar' ttti'reup on rw fs,rQ 9,�,.d inn' e oratar� ' r tie u n,)le a,+ 'ia• n r . {suss
<br />};� i F+t"i1TRtl.. 5:nritildan�[ thr ,east c)f e'xt£.ndiT1f, the firitra!'A off 7tle r' n, tnf fat" of 9 Is the
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<br />tAwfinwrw3rig Ouch suia, ar rwauw.ana3,le a! *s>rrx s few, xr,rl any scene T,aird n ,te { , rxr + +rr ;stra-
<br />ca pt or insurance_ cif tine° Indet4tednrxs M-C Urer hwle• } >?,. a }1 ?t s,1' }9 la �, }°.engl tK
<br />t tau arixx +tnrnt f ttwe gtasra S'
<br />m6u d*,d ire jjw drert�e v£ fcrm lc,sast .
<br />1'5. Tole, 'U t`aata"d. i:43-dr amd th +r Nej ul tj sera r tsu'-d 1111 °r -un txI what gov rn to
<br />�a11.it ,u r " ,.tr7 r -,i her -.. rue
<br />y Alailit else te5 tt3r air! free berY veal and out y t r
<br />wi4f, uwd srw*10elanevAl )week+ �Krp ,txtr,ra trierrt -Ot �W d 'ern
<br />U1 es, farm ,.fees rpu'
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