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<br />83-001964
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<br />&. IfnI! fail8ctopay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />itsoptio:t41l1aY payor perform the same, and all expenditures so made shall be added to the principal sum
<br />owitlgon theabovellote, shaUbe secured hereby, and shall bear interest until paid at the rate provided
<br />fodn tM principal indebtedness.
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<br />7. Uporireql1eBtof the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for thg sum or sums advanced by Mortgagee for the alteration. modernization. 01' improvement made at
<br />the Mortgagot's requeat; or for maintenance of said premises. or for taxes or assessments against the
<br />illUl1&, and f6.rany other purpose elsewhere authorized hereunder, Said note or notes shall be.seeured
<br />hereby on a parity with and as fully aa 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 pro\'ided for in the prin-
<br />cipal indebtedness l\lld shall be pa)--able in approximately equal monthly payments for sueh period as may
<br />be agreed upon by the Mortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or SUll1BSO advanced shalll", due and payable thirty (30) days after demand hy the Mortgagee, In no
<br />,went shall the maturity extend beyond the ultimate maturity of the note first described ahow,
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<br />8. He hereby assign.... transfers and sets over to the Mortgagee. to be applied toward the pa.yment of
<br />the note ilOO all .suma lIt..'Cumd hereby in Calle of a default in the performance of any of the terms and condi-
<br />tiOllS of this: roort~ or the SAid note, all the rents, revenues and income to be derived from the mort-
<br />gaged premises during such time a..~ the mortgage indehtedm:!lS shallremaiuunpaid; and the Mortgagee
<br />lIballluwe power to appoint any agent or llgflUts it may desire for the purJlQse of r''llting the same and enl-
<br />ledingthe rentll,''<'Vl'llU(!ll and income, and it may payout of Bald illcomes allnen'ssary r:ommissiolls and
<br />,:xpelL.WS lneu!'l'('<i in r<,utmg and managing the same and of enlleeting 1'i'lltals ther€.'from: the balance
<br />remaining, if any. \1;>.1... app!i(,..t toward the discharge or Mid mortlOige indl!bh"jn,':\S,
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<br />9. He will continunll$Jr maintain hazard insurance. of such type or types and amounts as: Mortgagl!e
<br />may' from H_ to tint<' ""lU'''''', on tIle improv,'ments now or h,.ft'ait€.'l' on ",'lid pl'"mi"es and except when
<br />pA}'ffi<"l'lt for all ...ncl1 rm'miulll$ 1IlUl tlwrel1)fore lx..,n ma,l" "nd€.'r (.11 or pnagraph 2 hereof. will pay
<br />promptly wh..n due an)' pr,.miums th"refot, Upon d~fallit then,<,f, ~fol'tb'ag",. may pay the sam€.', AU
<br />mmtran(:t~ "hall I>!, earn"j HI t:ompanj'"lIl\ppruw>cl hy tlw '\!ort.gaget? and Ow pnUd,.g and renewals t.hereof
<br />~halll", hel<! by' tht!Moi'tga""", aud hllve attadw;:j thHeto I""" payabl.. daus",s '" favor nf and in form
<br />","'I:"l'tal>l<' to th.. 1\Iortll"<I.I('."'. In """Ilt of }')'" 1\lort~'r will g}\'" .mnle,/i.H.. nolle" by mall t.o the Mort-
<br />t{Agt!e. \~'hn lnay fna~~ l):au:~ nf l(j~~ if t1Qt ?latW !JromJ)th' l~y ~MfJr!g_agor. ~i~d ~?aeh HL.~~r~~-(,t~ c(tnlpa~lY .('on~
<br />t~l~rned 1-5, lu!reb\' .antJWi<f:t.f"t! :uld itn''"~~t-~vi tu r~~_~:..~ :"'~~.!',!;~"'~~!. ~~~:" ::~:~: !::..-;.;; .:;;;-"{,"'- ~:)- ~H 'U\":" ;"HvtiJtilgt~t. U18H:uu
<br />nf tf! thf" :Mort:~r f~nd the ..\iOJ'tffagt,~_~ jn!nH~~, ;-tn-d ~ he \H.t;.urann" prcJo(.>et:.-ti$.. Of an}' p~U't the_reo!'.
<br />mar he llPl'lW4b"-th,,, Mortga~j\t ll$ "pti<m ."thN' t" tlw fNluctlllll ...f HI<' '!1ddJh~lnt..,,~ h..l'l'!:,y s,'('un'd
<br />ur to tf'H~ r-t~1tt.6.r1lU()n nr'r-t1Jft_tt' of- the prnpt"I'ty d_rlftlag-ed. in 't~w!'nt of fdfl"'(:io~Hnl ot this !not"tsr<<~"t\ 01' nthnr
<br />tranjifer of tltlt:~ tu Hit!> n;\H1.)tttgt~ fH"'(lPt"fty in .;xtJnJ{ul~hm{mt "r thl" ;ndt.bt-,-'-dn\',:i", Sf"l'iH'('d h4..'n~by. aU
<br />ng-ht~ HU~ _~nd hlU<t't'\"ft of ~h~ M{~"'"tpgm Hi ~1.nd to ~-'tlY uU\uran-Cf" p(fH~<.it:'~ Ihl'H H1 fn.n'l' shitil puss. to the
<br />vun:ha.at!.r ur gnnh':i~.
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<br />ttl A1\ addit:~onal :utd nlH-id_t-Y1\J s<t~,;unty fHl" th",~ p~t~'nl(;nt tIt' tht:~ Hut.... d~.3~-nht'd> ~:~Hd ajJ ;sulns to lx"'i.'OrtHl
<br />,jUt' under !lUll m(trt~", tht' Mm1.$!:agn, IWffbr A.....~'l!:n;: t<} the M.wtl{Rgt't' all !NlS<' hOlH1St'S. prniit'l, !'PV\"
<br />flUe&, royait~-ta. riiUt~~ itHld Hiner t~n{lnts ae-erUH1){ to tilt! Mf}rtgn~ror tHtd~~r any ~Uht flU oil and gas: lea..~e..."
<br />now. or duri-ng: tne hfi;';' uf" thtH !nurtg:age~ t~Xft~utf.d Ltn nid p-r-,;"-mL~~w With Uu: rtJ,fht to. r'(K";\~tn~ and rt"f:eipt
<br />f{~t. thr ~ and ~ippb' th,"~m tn uhi tnrit~,t."q,iJh"'$Jt a." \n~H h\~ftH>f' as ani>!" dt,~t"aujt in thf.~ (~nnditiQm of this
<br />lnu,.t~, and tll" M(>rtpa- ma)' ,kmand. $!W {hI' llnd n""lJV.'r allY' sueh \1a)'fJll'llt1! wh,'ll flu€.' and pay_
<br />,abi(~~ but .sludl J1vt bt' (('qian~d $0-- to itu~ ~nrl8 tt.S$lgnm-tmt is tu h-:ormlnate and h(-x~urnt; nuH ;uui \'(Jid upon
<br />r..k_ of this mort~,
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<br />11. H~..ball nut "'lftlmit 01' !"'IWlt wut.,: ,md ~hall mamtiUll the pl'l\{"'1'1)' in as l(!IDd ",'ndition as at
<br />pr"Sllllt, nmsonabw, wear '111<' H'ar """"pted. {'poll any (allurE' to "" mllintam. Mortgag,'{l, lit Its option,
<br />may - ~Utbl~ mawtNtalree work to be l>erf'Jf'med at the "'>3t o( Mortgagor, Any amounts paid
<br />tiu"roior hy MOt"tpl:ee "hall h..ar lllterHot lit tnl.' rat., r"'Widt'll for Ul HI,' pnrl~IPill i.ll(Il'btednNI8, shall
<br />t~reupotl lle<.tltTlt' a l;.art of the i~neS5 k'<:Ured by tlus lnstrurm'llt. ratably and on a Pill'lty With all
<br />other illikbtednt!lill s,,<,urt'<J ht'reb)', and shall 00 pa)'able thirty (30) days aft,'r demand.
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<br />1t.. If thll !.J't'm.S<.'ll, or un}' pat'!. the1'N'f, be ''tHldcmm>cl nnder the {~)w"r of t'luilwllt domain. 01'
<br />acqtlinJd for a publie use, the damagella....ardoo. tilt, pl'OCt'Nl>! for lh.. t..bnll" of. 01' t11<' ("lllsjd"rat.ioll for
<br />lIUch acqllisition. t<l the ""INlt of the fulllUlIollnt of the I'ema'mng UIlI>>iid ind"btedness s,'{'ul'",llJy' thiB
<br />~. or hereby lUllS.ignoo to the MortlOigee, and shall he paid fol'thwith to ~i\id MOl'lKllg'el', to be
<br />appiit<d 011 aerount (If the lll$l maturing insl.tilllll<'ntll Ill' sueh indebtedness,
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<br />III if the l\fO!'lgagor faila to malw any paymt'llts when dlIf.', 1)1' to ,,,lifOI'm to and <,ornply ",jth any
<br />"f tbe CODdit.iollS or agreements <"IDtained in thill 1ll0rtlt3if'.', or th" lIot"s ,,';, i,'h it secures. t hen the
<br />...ntire prindpalllUrn and aceruoo intet'E'llt llhall at once 1_'Ome due and Jjllyabl", at. the "Iection ."f the
<br />M\1~; and thia mortgagt' IllIl)' the.reupoll be lor..dOll<'d immediately for the whol., of th., Illdebted.
<br />_hereby llK-ur<.>d. ",duding tile ,oat of <'xt<>u.ding' tht! abstract of HUe fn'nl the dah.. of this mort..
<br />....tn.Uu>.time of romll1tmdfl1l'such lIllit. a l'ea:ilOnable altorney"" fM, and IlIlY SUllill paid by the V"k'nUl8
<br />~.traUl.ln on IIttOUut of tn. g'\IarlUlty or ill.suraoce of tll" ,ndebtednesi! s,'"un.d herd,y. all of which
<br />$!I.ttl1..be il'ldlltiOO in thtl decn!ie or t-roaure.
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<br />t....lt~~~~ be paranteerl o.r inllun>cl under Titli.l 38, l'nited Slate.. Cod!',
<br />~~'~~ioM~ ih{l~andinetfa'i. on the ,laW hel'leOf IlhaUlltwern the rjght.~. dulles
<br />1iI..~_~,tM~b~.~ lUl)'provi"lo1lao! Ihis 01' otl>",r imtinunenbl """""led in ,'vnnedion
<br />""'itfl_]ItiU~1 rh... _leh 1Il'e. i~t with lllIid 'I1tle or Hegulations ~u... hereby llm<;nded to
<br />e~~
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<br />TlMt .~ . n-ill ~. llMU, bil:ld. aM the benelita and fKh'llllta~ ",hall inurt:' to, the
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