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I 79-- ~!~~'t~4`7 THE MORTGAGOR FTJR2'HER COVENANTS AI~D~AGREES: That fhe Mortgagor will pay_ the indebtedness as hereintrefore prervided. That ihe Mortgagcir is the owner of said.praperty in tee simple and has good right and lawful authority to sell and convey the same'and that the same is-free add clear of any lien or enrumhrnnce; and that ~i ortgagar •will warrant and defend the title to said premises against the claims of atl persons whomsoever. To pey iaunediate}y when due and payahle all renerai taxes, special taxes, special assessmenb=, w~a?rr charges, sewer sen~- ice charges, and other taxes and charges against said property. and all taxaa Ir.-ierl un the debi scourer hereby, and to Cornish the 14fortgagee, upon iequesf, with the original oY dupiicatc receipts trisector. The \Surtgagur at; err=s that tkrerehall be arlded to coon monthly payment required hereunder or under the ev idoncr of debt secured hereby an anuwnt estimated by the ;ttortgagec to ire su8icient- to enable the Mortgagee to pa\', ets they Ls•cnme clue, all taxes, assessments. and similar charges uixrn the prem- ises subject thereto: any deficiency because of the insu fTciencc of such arldilional pavmenis hall Fr forthw-tth ;irprnited by th,- Mortgagor with the Mortgagee upon demand }>, the :'.f urt;;agc e. .9nr default ureter this par:+gra#,h s}salt '.+ d.~.~mcJ a default in payment of taxes, e_~.es_emenfs, nr similar charges requited hereunder. The Af orlgagnr ag re,s that theve shall also he added to a=art, mr:athly payment of princtj?aI and iatrrest inquired ftere- under an amount estimated M~ th.• 'ltnrtgagee t<, be sufficient tc. enable the 4forigagoe to pay, as it Fwcom.•c rl u.~. the insu r:u,ce premium on an}~ insu cosec iK-Lc_ 1rF=verr,i to the ~Sortgager- ;'\r:x deficiency b«rause _:t the in.:xtTicioncy~ of such additional pay- menf_s shall t>P forfhwit?r dcp.xiterl hp the !lfr:rtgagnr with fhe Af origagee upon rieman:! by the \iu rtgag=•r .4 nv drf,, u#t under th:s paragraph snail fie deemed a default en the pa_: meet of irsurance premiums. tf the fu,l ioc or pa}icies da#:.=+itr+l arc such as ix:rte- owne~ or ah risk }*nliria, and the drlKxsib~ €. r- insutficrent to pas' Yee enure premit;.r., the ~l nrtgaec • ,r,ax .rplry th,~ :' ,r,:.Zt to pay premiums cm risk required to t+r incur xi by this curt gage. i'acmeeL made !.,r the- it r~rtFag:,r under the ahrne paragraphs rosy, at the option of the .lk,rtgagee, br held he rt and commingl~ri with other .cxch t~,;nds .:r us o.vn funds for the paymei:t of such iterns, and until cn applied, ssh pa> m,'nts are herrSy pledged as secunt}~ for the unpaid La(ancr of ih.• inn±t~aEe ind~htedne±. - To pra~ure, delix~ r ,,. and rnatn?a~n for the benefit ,:f the- Ainrf gaee d;~:~ng the life of the mortgage• original p..!ities and renewals thereat, dehverrd at Irani te•n dais t>Ffore th~• e•vp^~,tinn ~~f anp .v€:ch policies. in.u ring against fare and other ursu cable hazards, casualties, and +trntingencies as the Mortgagee may require, in an amount equal to the indebtedne=.s secured by this Afartgage, acrd in rnmpanies acce}~ahM to the Af origagr,=, wk!x h~~. #,ayahh• clause in favor cf and m f+,rm accrptahtc iu the \fnrtga- gee. In the event acv przlica~ is oat nmewr-1 :•r. or My &,n• ten Macs of its exp;ration, thc• 'ltart¢agee may prneaxrr innir'ance on the improve:_nents, pay the premium therefor. aa.i =urn sum stall hoc.=toe xaunediaiely d'ue and payahle with interest et the •ate set forth in said note unEl paid and shat'. fx• secun•d by thi> m.r. tr;;u;c. Failure on the- part a£ the ~i artgagor to furnish such rene•xaL as are herein required ur folio re ?~, pay any sums ad:arce~ h.•rrunder ~haii, at the option of the :Mortgagee, consti trite a rlr-faun under the terms o{ thin mortgage The deli: cry of =u.S p„I„;,-a <hall ~-. ihe err.., of r#efanit enast?!ute as 3signmenL +ff the un- earned premium. Any sums rrrriti-e;i Lt th,~ Ll::ngage-e he cease:: .:( l+ss ur damage mwred again.,; may- lse retained by the yortgagee and applied toward the }:a}~ment :d [rte dent hrretw a. ru red, nr. a# the .:pi:cn of fhe '-1Sarigagee, such sums either wholh~ nr in part map he paid over t„ the 'rl::;igator t.= tie ^sed ic; rc parr such hwEdings or t:. build new huilJinga Lx their place o, for one other purpose ur object :atrsfacior, to the ]-iurtga~.-a wath.,:+i affr-cut:- ihe• Len ,ar the mo-igage for the- fu'1 amour.[ secured h~re- hy before such payment ever lock pace To prc,rrpily repair. rector :.r rebuild zn}~ build irgs ..r tmprc,:ements nou „r buccal h•: on the premise-s rchich may he come damaged oz deli roye•d: in keep said premis:~s in ga?d enndi6on. arci repair and free frr:ax am= mechantc•> lien ru other lien or dorm of lien rot expressly suhordirated to the lien ixrreaf: nef to suffer -,. ,*ermit ary :: rilawful use of nr an'. r;uisanre b-i exrst on sa:d property oar to permit Ovate rm said premise>. our to do am other art wh'r r,~hv the= prnfx=rtp hereby- c.•nveyed shat! become less vaiuab}e. nor to d!miris?: or impale i!s value by ar;ti a+, er ~.~me~cior, t~: art t:, .n:np'=, .. i!h -,ll rrquir€=meet, :_, law with rr-spurt to the merica~*ed premises and the use ihern•l Thai shou$i the premises or am. part thereof kic• taken ur ramaFrd h. r::•as+-. r, of an•. t,u}+hc :mprocemrnt ur runder,.naiinn pre=..wing, or under the r_ghr 3f rminc-nt dc~rrain. ;~r ;n any other marne r. th.~• ]l:+rtg-r.•.- <#:all !><- rritt;rawards. and any other payment or relict then•fc,r. and shall }ie entitled. at its npiton. to rr,;n_mc-err, anp€•ar in ami prrar.cestr in it own rsme any action or proceeding, or to make env compromise or settle.^.1rnt to cr~nnerirnr. with suet: iaktn t,r damage :111 such coni.pertsation, awards, damages, right of action and proceeds are hereby assigned ic. the Mnrtga¢e~, who may. after deducting therelron« all its expenses, release any moneys ao n•eetved by a or atei>ty ehr .a+rte nn any in€k•bte<iness sectrced hereby. The MorU xagor agrees to execute ouch further assignments of any coin pensauun. awards. damages, and right. cf acton and proe~-€•dn as the Mtxigagee may require. That sit case of failure to perforce any of the rnrenart.- h€~•rern, r...- Alr,rtgager may do ,.n the ^1lortgagor"s behalf every thing as cmenanted: that ihe Mortgagee may also do any act it may riec~m ores-s-:a ry~ t., protect the Len there-€,? that the Mnrigagar will repay opera dFinartd any moneys paid er disbursed by the Mnrtgagex far any <>f the ahcve p€irprnx*s. and gucF; moneys trrdetlier with interest thenron ai the rate prc»ided in saiA noie shall }xa•ome sit much ad,i:tional indehti-elnass hareby_~ +rcurcKi and may tw in- riudi-3 in any decret= forrilastr.,g this me•rigage and F paid out of the rer,u <:r proses-ds ui ale of said prrmrus if nef otherwise ppd. Shat at shall not be ohlxgatt•n• upon the Aiortgagcw io inquire into ihe .aLdily of any lien, rncomhrances, or claim in ad- vaam3n>; moneys a above suthoriza:d, but nothing herein contained shall be catutraed as requiring ihe Mortgagee tc advance any rartureya f~ ang such purpose nor to do any aM hemurtdez; and that Mortgagee shall not incur any pe rsunat handily because of any- tltiag rt stay da :er omit to do her+etender. Ir. the went of the default try Mortgagor in the payment of any installment. as required by the \ote secured hereby, ar in the perforntarue cri the otr!igaiinn in ibis mortgage nr in the note secured tl,en~by, the Mortgagee shall be entitled to declare the debt eacured hereby due and payahle without notice, and the !tiortgagee shall hr entitletil at its option. without nnt9ce. either by itvelf or try a «zoeiirer to ire appointed try the rnutY there€st- and without regard to the adequacy of any security for the indebtedness se- cured hereby, to enter upon and takx fa*attes€r:,n of Itrr m<,rtgaged premises. and to rnl!ect and retrive the rents. ixsues and profits therm, and apply the same, Irta cost+ u( operation amt nellectian. upon the indebtedness sere and by this mortgage; said rnnts, iaattes and pto6ffi being hereiry assigned to the Mortgsgc-e as further sE•curlty for the. payment of all indebtedness secured hereby. The ludoztgagee zdesttt haae the power to appoint any agent or agents if may desire far the purpose c,f repairing said prem- i~s; renting t!~ same; txr3lzeting tlae rents, revenues grid irxcme, and i4 may pay cut of said insoles sit expenses incurred in rent- irtg and managing the riafm turd of Collecting the rentals therefrom. The balance remaining, it any, shalt ter applied Wward the dittclratZe ~ ttte ;morfgpga intlehtedzseaa. This aasigrtment is fo terminate and trecame null and void upon release of this mortgage.