~~-- ooi5
<br />6. If he fails to pay any sum or keep any covenant provided for in this mortgage, the Mortgagee, at
<br />its option, may pay or perform the same, and all expenditures so made shall be added tc the principal sum
<br />at+'ing on the above note, shall be secured hereby, and shall bear interest until paid at the rate provided
<br />for {n the principal indebtedness.
<br />7. Upon request of the R".ortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at
<br />Che Aiartgagor ~ re~quesL ; or for maintenance of said premises, ar for taxes or assessments against the
<br />same, and for any other purpose elsewhere authorised hereunder. Satd note m' notes-shall be secured.
<br />hereby on a parity with and as fully as if the adr-ance evidenced thereby were included in the note-first
<br />described above. Said supplemental note or notes shall bear interest at the rate provided far in the-prin-
<br />cipal indebtedness and shall be payable in approximately equal monthly payments for such period as may
<br />be agreed upon by t he tortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />ar sums sa advanced shall tm due and payable thirty (30) days after demand by the Mortgagee. In no
<br />event shall the maturity- <°xtend beyond the uitimatematm-ity of the note first described above.-
<br />8. 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 ease of a default in tihe performance of any of the terms and condi-.
<br />tions oz this mortgage ua• the. said note, all the rents, revenues and income to be derived from the wort-
<br />gaged l,n-cmises during such time as the mortgage indebtedness shall remain unpaid; and the il4ortgagee
<br />shall have pots er to alrpoint any agent ar agents it may desire for the purpose of renting the same and col-
<br />{ecting the rents, rever.u+=s and incc:me, and it may pay out of said incomes all necessary commissions-and
<br />ex{x~reses incurred in renting and managing the same and of collecting rentals therefrom; the-ba3anee
<br />remaining, if any, Yo bee .:.rphed Unrard the ciiseharge of said mortgage indebtedness.
<br />9. Ife will c-ontimtousiy maintain haaard insurance, of such type ot• types and amounts as Mortgagee
<br />mnc ;'ram time to t iu:e r+•r=loft, on the improvements now- or hereafter on said premises and except when
<br />;ray mcnt for all such {>s~.~mrums has theretofore been made under (aj of paragraph 2 hereoF, ta•iII pad
<br />promptly .: hen due anc pr=_•miums therefor. IEpon default thereof, bfartgagee may pay the same. All
<br />insurance shall be +arreod in c~,rmpaai~s apprarad by the t3torigagee and the }wlicics and renewals thereof
<br />shalt he he'sd b~ the 3lnrtgagee and breve attached thereto loss payable clauses in favor of and in form
<br />ac+,~ptabir= to ti;e 31<,rikagre_ {n ers-eut c.f loss ~iortgagar ,vi[l give immediate vatic? by mail to the Mart
<br />gagee. scl;=, ;rac ntaisr• E,r••,:f of {ems rf not made promptig by Rlartgagor, and each insurance company cw2-
<br />c+•rned is Laretrc authorued rend +irreetcd to make payment for such loss diree•C{y to the 1iTartgagee instead
<br />~,i t,z flee ~iorigreyte~r :~n;l the lion-gagee jofntiy, and the insur:mc+~~ pruccr.~tis, ur any paid: ther-eof,
<br />mziy be ap;~lie•d {~+• ih,~ iule,rtg;tue•a• nt ets apt:au erther to the reduction of t.ha indebtedness hereby secured
<br />,~r tie tfz+• re•nt~~reetamt „r ~rl,asr ~,f ilrc prr,,pertk damaged, In even6 of torec{asurr:ri• this mortga8+a, or other
<br />irtuusfer o#' fait tr, t{rr< :urn-tyr,egud property in rstinguisltntent of the indebtetlttrtss secured hereby, all
<br />right. true artd eut,rrrst ~~ =1.,, :iiartgagor in and to any insurance? policies then in force shall pass to the
<br />p+rrcfasrr „y-grant>?<.
<br />1G, Assdc{ttr,rrsa±,en:i,=4{ateraEs+xuretF loriha {~ay'mentvi thenat<~+t+rsct?beri.andzallsumstabecame
<br />du+~ +ender ihrs m+,rt~,aeg;t•, t=a~ =tiat`tgag+n- ktervt~y e,+sign~ tt.) then Mortgagee ail lease bantts+?s, profrts, reve-
<br />nue:;, rwaftea, rights, :~~e:~ ni,hre iurefiks acc:ruirg to the l4iartg-agor folder any and alt oil and gas teases
<br />Wars., err dteran;; tar+• fete +,i !f=ss rr+,rtgage, ~~xa°ruted an naicl prcmisas, eritii flee right try rcc°eive and receipt
<br />for th.• R.+t.:c• sa,l atrpt> th+•rn t., sa+~i i.rrlebtatisrc~~ as rvr•11 2~€,foru ~; after rlefaui`t ir, the cartditions of this
<br />mnrtgager, suet the ?t,rr tga+g.a. n:ay ele.•ntand, sur- tirr and r•rx,•atee at~~ sa+~h payments wluen doe arnd pay-
<br />ala.•, htrt >r:.tii a=~t ix• ~ ~•+renr,i _,o to „o. 1'hiz; ;~,ignrneni ;c is tertu;nate and bece,rte null and void upon
<br />i'rl+•:esC' iAf C{?ifi ittU t'lya~*y.
<br />t 1. Iha shall n~>t ,~eunnn: ar la•nuil •.+-us`_r ; float z,ha17 anatnkatn t{:e prapet'i4 n~i as good ceudition as at
<br />prc•„t~nt, rrasut:uul+• ~~.r€tr rre~t [~~,aa' rs;ep}e,i. i'patt an?° failure to so maintain, i<Smtigagee, at its apt{on,
<br />tray' +°aetse i•+~as+anxi=R• ;euu;aorance +t-urk tar be p+=rC~armed aL the cos[ of 4iortgagor. ~ns° amotults paid
<br />th,~refer b} ~llvt~t~„ar;1Y• sh:e,; I:~•ar lull=re+t nt the t•atc }rr-~n°tded fin- {n the ln-incipa{ uick:biedness. shall
<br />th,~mupan {:c.uate : ,pert of '. {7r urd~~bter9nes+ se+•ur+~~I by thi iarGruutent, rsrtab{v zut+l un zt parity frith all
<br />othe•t urdr=bte°rln~~~ss ;,•z;ireri h<~rob}~. ,tnd shall bs- payat!{u tttir±y E;591 dad-s aFt+~r rirtnand.
<br />{'~. {f the r,t w - u+ {'art ihrt_:I•, re ~ntdrrmn+l :uad t the pnetier cef +-ttuu~^ut ~iuntaiu, or
<br />.uytttrrd for suaee~ . t to _! ,r.ry, gts aa-rxt~i,.-1• .ke lfrrx•ceeta gat tea taleing uf, ar iha. c<,nt.,ir{eratran fat
<br />n u arctue t- t. ;. t ~ ~t~, s +te fu{; :enu~irnt t ne tun~ernuit, un{.ani erei+l tuiu. .~urcd ht this
<br />n+ ttgstto. ra e~t.te .,<si~,LC~ t.. +t,e ltarts[ah,.r, and stet{i lee paid i~,rthirrtl. tr- .;i { :Flotikri~¢•e, to he
<br />ahlsucd oft acruuaa , , ihe~ k;et.t a~eatuuug rsistatlm+-nts of sue{i indehtedter•.as.
<br />1:~_ at ~ ±Io~ ~ r i t r ma ~e e ee I• e} m+ set.- ;+-h ~ lur. „r to c ~n rrn t,r art { c~dntpiy' ++~Sth any.
<br />-!. thr e.rn e~!} ~n_. -'t =. i[t :,ar,e t~f., ron.~iot..-_t ur .,.~. ur,,a~tgago, .,r thr n~~t+'o ~.•. i;irh it *ocur<•s, ~irou ,le,
<br />+•nFSre pre - r}a{ ~u ~.. a~sr:aeu r,tcr -? _ ;t, i, ,.. +rrecr t.+-~:nne ,ir - r;uai l~t;y;e{,;,-, 41i t',z +I+Yt. to ;.f t}re
<br />'il ,rtgagee ac,<: t{ r<t;rgt. may 3er up.=te e+•cinxrei iuirut>dea±+°i} i~ r ;{ir ,~ hey°,,< <rf ihe• indebted-
<br />a,°sr; }tc•t*.rr} - r,tr, ~ ~.=e~# nh tn~t , --t f i•zt+•u;lrng tln +t~a~t.;,et ,,; Yetie tram fhr> date• +~t tins mat't-
<br />gage ~r lire tena~ ,~f ~:»ra:.a~re;. ng <stch sutt..a rrssa f zi*le attorney's 3,,, , .yes i ,. -carers taaul l~1. (hr ~-. t~rcans
<br />~,dm=t,~atrattan cvt .eau+nat •." cite gnat tr.ty ar a,.arsenu ~-i ittea rnd~'>~ .ir-~ . --r to ~.i { . r. t,:. ,rli r,f r* hi~~{t
<br />~h~ell ~ ircio+.Eed s;z €`r±e.;ei~rt•e of €.rs*~.~tostarv,
<br />l~l. It tle+• in+.tlttt~dta€~s x<tYarctii ie< rebr tn~ #,trar i-*ir+•r3 ,r ,Ei.~:ar -i r,:i~•r 1'ttlr :,h :'e.,t.•.1 `~t.t- Cr,
<br />e1 h `~t`tt3e + ert l~t~gftrl it xts ,.ynatr tisrar+ ua - t rt7n t r r _ i a ;t < t ~r tel ~, ,•, - r ? t ui =
<br />.a mlhvEse€e.t,v+ftf« pe~,t,srhrr-iu.an_I3try f)r;ao .gar..±fis r.,. „tar -i-_,:r~ute-rr.,s~• „t~-.!„t .,air art„r~
<br />*etSh sar,l t.rtElk}a~y+tttirus svhi ~ie ;rrv izr+-_ nbitatrrrt ~+tih ;~arsi ?lfle „r .kttlaadr- us re= i r•c~+ .w;r°e ~n1+aS t~~
<br />T3~e oesr±ttrintw a rk.-irr ,nl_aattnl s•ta!t iaitHt, umi tie, t; n. lit - and .ul.at;t,y~+s .' a-eii :+nre- ,- ,
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