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T.HE MORTGAGOR FL7RTHER COVENANTS AND AGREES:
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<br />That the Mortgagor will pay the indebtedness as hereinbyfore provided.
<br />That the Mortgagor ia,.fhe t#wrter of said property in fee simply and has good :fight and law~(ui authority to sell and
<br />mnvey the same and that the same is-free and clear of any lien or encumbrance; and that Mortgagor wilt warrant and defend the
<br />title to said premises agaittst.~he claims o€ a!i persons whomsoever.
<br />To pay itnntetliately when d've-and payable all general saxes, specie{ taxes, special ass.-•.~:rrr•n t.•+, water charges, sewer .~e`rv-
<br />ice charges, and other taxes and charges against said property, and all taxes levied tin the ,}ebt secured hereby, and to [urnish the
<br />Mortgagee, open tygcest, with the original or dupLcate receipt,. therefor The \tortgagu: ry ra•r, ;hat them shat( sty added to
<br />each monthly payment required hereunder or under the evidence of debt 4<~ureci h.`r,-h+ an em+:~.znt .`aimatcd hr the Aortgagee
<br />to b'R su~tciy.~tt°in-enable-the. Mortgagee-to {say, as they -tar~C:,mr• du+`. all tsar.... ~~•-v -t~nFs. nn.! <n;.rlar cFcarg.°. -upnn fhe prim-
<br />ises subject theFeto; any deficiency iwcause of the insutHeiency nt ouch additional pa~menh .tzall tw F*uthwith deprzsitrr! by the
<br />~Mortgagi>x with the Mt>rigagee upon demand t>y the 1~fortgagey Any d+-fav't u.z.:.~r tb~r • arar;raph ~ha#1 ?m :?ecmerl a default in
<br />r~,y payment of taxes, asseaments, or similar charges required hereunder. • ~ ' , -
<br />yM'r"t Tftr 3fortcagor agrees that there shall also 1~ added kt +sach month:} :=av:r,+;rt „f pnnat:ai and interest renvi red here-
<br />s-f Urrie: an am+TUnt f`G(imai.~e{ ht• the hfortg$geP t0 lle S!xthrient tU enahl!` tl:t' '11+`rt~ryt", •v t++ j,.; ~- ~. ,+ F*t~: +:,r;i+~. c?:te, t}:C InSUfance
<br />,,;f pmmium on any insurance policy delivered to the Mortgagee. Any deficirnc: lx•causr =,f th.~ a ~utficrr-n:~y .,i srch additr>na? pay-
<br />,~" mhnis shall }±e forthwith deprnited by the Morfgagor with th+. }Ssrtgagcr : po , d~r,an:? L. t,z.- Atcrtgagee Any default under this
<br />pa=agraph shall lk d++eme+t a defeu}t m the payment of insuranc t- emiizmc SF the f- - ~ rn 1 hri s dr`} ., i-d are such r_s ht;me-
<br />~ owners or all ask i r!iue< and the depusrt~ ar tnsu~crent to pa. t r ••nt. n~ ,+~ervum nr `.t - i--r+> n a xj ply the dap, ,-it to
<br />~ pay premiums on asks required to he msu red by this murtgar;e
<br />Parmenta ma:#e by the \fnrt~agor under the abocr paragraph may, at Fhe n}-4 tun of Lhr Mortgagee, txt held by H and
<br />cosruningled with oihr-r =uih funds or ;t= own Cunds fur the payment „f such ,firm.. any! anti; :+. sppht=r;- :u.^h !5a}-menu are hereby
<br />-pl edgert a< ::i~curi h~ fc the unpaid batancs` of the mnrt;,a~e ind+>htedrrss
<br />To pnx•ure, d!-E t. er t+z. and mss main fr+r ihr Frc-n+•fit ,.. .,ir• \L•r:.2;n r[+'.> .local.: t?;e Lie ~+t " •u n:, ~rtgage „nginal }aula ;rs and
<br />rnne was ihereot detiverc>r! at least ter; daa fh fore th+: +~v nz rayon •..f ens Luc?: ;~-d.c~:.~~. msu rune t:xsinst flee and other utsv cable
<br />hazards, ~sualties, and rrontingencies as the '.4fortgagye may n>quire, in an amount tqual to the indebtednes~~, secured by this
<br />:<iurtgaga. and in companies aeceptsb}e !u the` Mr,rt Fagre. wvth lo~< p,wahle clause fn fac,+r u[ and m f+;rm arceptat+le to Jhe ~iortgo-
<br />gee. In Lhe yvtnt any' }xlic}- is not renyw-c'.i oa or t><fore tea ~?ays „t it: rzpi rahnn, the \SartXagea may procure :asurance on the
<br />im~rcrvemenl, pay the premium iizeretor. and .such sum st,al! tree-~zmr immediat+d}~ due and payab!r with late rest at the care set
<br />[orth in said note tint:! paid and shalt t+y .<r>cu r:>d hy~ chic m<:rt~agc. Fasly rr cn the part of the \f crigagor to furnish such rr>r,«-w•als
<br />as ate herein required or failure to pay any sums advarcec! hereunder aha!?, at the optiirr, of the Jortgagee, constitute a default
<br />under ~e tetxns of This mortgage. The delivery of such p.~!ie;e. shall. in the event of default ecnstltute an a, signment cf the ;m-
<br />eartxed oremium-
<br />Any ::urns received by the '.tfortgagre by. rea~u,^^. ^~f lose ur damage insu rr-d against teeny 1>y eels inr•.-/ by the \7ortgagt-e
<br />ar±d a* Yliyd reward tF.e payment :;> ,,,~- .'.cht teereb; srcu red, or, at tl~e opason of ihr ;4ortgagee. sveF. sum,. rzthyr wholly or in
<br />part may be paid over iv the Mortgagor to ix- used to repair such buildings ur t:e 6ui!d'nyw huilriings in ^hr~ir place ,:r fine any
<br />other purpose or object satisfarton- to the \Jurtgagye w~iihcvt afteciing tt:e ?ten tin thr• mortgage tar the f,.;':1 amou ri <ecu reel here-
<br />by before such payment ever trrok }Aare.
<br />To pr!rmptly repair, restore ur rebuild snti buildings nr improtement_-. now or hrreaher tin the pn-mist's which may he~
<br />coma damaged or destmyec#; in keep said premises in gow3 condifiun and repair and fn-r fmm any mrchantc's lien ur other l:en or
<br />claim of lien not expressly subordinated to fhe lien hertt~f: n<+t to suffer r~r t?remit an;- un!awfu! use +,f +>r any nuisance to exist nn
<br />said ptropyr~ty nor to permit waste urt said premises, nor to do anz• other act wherehc the pn+f'E•rty hereby rnnveyed shat! toecome
<br />less ~atuable, nor to diminish or impair iLc value by any- ac} or amissx+n to act- to ann;pP. t.-rth >i! r-.qu~rrments of lat. with respect
<br />to Lhe mortgaged premises and the use hereof.
<br />That should the ptc-rni:e> cr an}~ part •herYUf br taken or damat;ert h~~ r-a,.on of an_. nuhl:c :mpr+nement <,r condemnation
<br />proceeding. or trader the tight of eminent domain, ur in any other manner- the Mc•r[gagyr ;has lx entrttyd to all com}xnseuons,
<br />awards, and any other payment or relief therefor, anti shalt be enfitled, at its opfiun, to commence- appear in arnL prosecute in its
<br />own none any action ur proceeding, ur to make any compromise or sc>ttlemynt in cnnnectir?n with such taking us damage Ait such
<br />tanPeiaaetion, awards, damages, right of action and proceeds are hereby assigned to the Mortgagee, who cosy, attar deducting
<br />therefrom all its e:pensea, release any moneys as received by it or apply the same tin env indebtedness secured hereby. The .yort-
<br />gagor -agrees to ezeettte such further assignments of any r.mpensattun, awards, damagen. and nghts of acti+rn and proceeds as the
<br />Mortgagce may regnire-
<br />That in case of failure u. perform any of the cuter>a:a: he re: n. the \l origage`r ma; do on the }2origagu(s F?ehal( t•vrryYhing
<br />so covenanted; that the Mortgagee may also do any act ii may deem nerx>ssary io protect the lien the rent: that the Mortgagor will
<br />repay upon demand any moriegs paid nr d'esbttrsed by the Mortgagee far am of the above pu rposes_ and such moneys togerlier with t„t
<br />*nteryst thereon at lice rate pta•'sded in said note shal4 become so much ae#ditional :ndehtY+'.nesz hereby secured and :nay he in- <-.,
<br />cinded in any decree foreclosing this mortgage and br paid +rrt of the renti cr prucec•ds of vale of yard premises if not otherwise '~"'
<br />paid; that it shall not be obligatory upon the .'aiortgagye to inquiry into the validity of any hen, errumbranrns, or claim in ad- - '
<br />Bs above alit.-'~ri_rect, taut ~tE+.itze~ herein riattatrted -all bz crmstnyd as requiring the Mortgagee to advar-ee any w
<br />moneys for say sash pnrpttse ~ W eta any acd hereunder; and that Mortgagee shall not incur any personal hal>;tity because of any-
<br />tlnng it rtxay do or otrait to da hereunder.
<br />!n the event of tbx deJaulL 1=t' -13origager :n Lta~ }iyment of any tnsEai!mrni as required by ?he 'tiefr sc-.arNd l:e~r*>hy or
<br />in the perfarmsttoe of the obligation fir. this mortgage rr in Ltty note secured thereby. the r+iurigagee shalt t,r rntitlrr' to des Tarr the
<br />debt seeuted hereby due artd payable wiU~sctt rwtwr, and shy Mortgagee shall he yntifled at ifs aptien. without n.,ttce. either by itaeli
<br />r#.hy a:tneeiver to be agytcrintrd by the crwR thereof. and w'sthout regard to the adtquac;' nt any secvrit.: for the irxlebtedness se•~
<br />eared hereby, to enter agtrm and take paaltessioa of the mortgaged premises, send tea tnttect and rymivy the rents. issues and }?roots
<br />thend; sad' apply the same. leas caste of operation and mlleetion, upon the indetNycinysa secured by this mortgage; said rents.
<br />iawes atitd pta~tt lfei~ herelry. aesigr+t+d to the 1Ncwtgagee as further aecatnty Joe the payment of al9 indebtedness secured hereby-
<br />. The lortgetgee shall love the power W appoint any agent or agents it may desire for the purpose of rrpatrtng satd prem-
<br />iss.: renting the- atmte; eodiecting the teats, revenues and inaune, and it may pay out of said income al! expenses rnrurred in rent-
<br />ixrg and mastagitr/ the tame sad nt emiletting the rentals therefrom. -The bstance~ remaining, if any, shat) tx- applied toward Ehe
<br />rd tdrr tt+orfyage.~- This a.~sertaeent a to tefatinate and became null atul vrsd upon release of this mortgage.
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