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_- .~ THE MO_R7`GAGOR F2fRTHER COVENANTS ANI) AGREES: f.t That-the itfortgager wilt pay the }ndebtedaess as hereinhefare provided ' -" - That the Mortgagor-is -the dwner of said property in fee simple and has good right and lawful authority to sell and tunvey the same and that lice sortie isitee and, clea,* o[ any lien or encumbrance; and that M12ortgagor will warrant and defend the title to said pretn}ses against the'-ctaimsof a1f persons whomsoever.- - To pay immediately whoa due and lrayabie a[i general-fazes, special !axes, special assessments, water charges, sewer serv- ice charges, and other tares and charges against said properly. and all taxes levied on the debt secured hereby, and to furnish the Mortgagee, upon .request, with the original. or dnpii_cate rece}pts itierefvr. -The h2ortgagor agrees that there shalt hx added to - each monthly payment required hereunder or under [tie eJidence• of deb£ secured hereby an amount estimated by the R2ortgager. to be suGcieat to enable the Mtutgagee to pay, as they become due, a[I taxes, assessments, and similar chargers u}>nn the prem- ises sabject-thereto; any deficiency because of the in-ufficiency of such additional p3y'ments shall he forthwith deposited lay the hfartgegor with the Morigagre ui-rn demand hr tt:e Mortgagee- Any default under this paragraph shall he deemed a default in payment of.taxes, asssessmenis, nr similar charges required hereunder. - The Biortgagor agrees that Chrre shall ahn he added fo each mouthiy payment of pri^ tips! and interest zegrtirect here- under an amtwnt estimated by the Mortgagee to he stifficieni to enable the Mortgagee to pay, as it becomes doe, the tasurance premium nn soy insurance policy delivered to the 3ortgagee. An}~ deficit-ncy because of the insufficicnry of such additional Pay- .J ntiFnts .hail br forthwith depmited by the 2artgagor with the Mortga~,ee u}xm demand by the Mortgagee. Any default urzder this paragraph shalt be deemed a default in the Payment of imuranm premiums. 7f the policy nr poEcies deposited are sash as home- owmrs nr all risk twlicirs. and the dapasils err insufficient to pay the entire premium, the Mar±gagee may apply the depo,-t! to pay premiums nn risk, requered to be insured by this mortgage (~. Faymenta made by the Siortgagar under the a}x+ce paragraphs may, at the option of the Mortgagee, £w held by i; and ntmmingied with other wch fursds or iL oleo turds for the parrs e•nt n( such items, any'. troll! so applied, such pay mints are hereby pierlged as security for the unpaid balance of the m„rt;;ar indeb[edm•=s. To pn•cure. deliver to, and maintain for the henet;E „f the l2nrt gagee during the life of this mortgage original pohc~es and renewals-epees-•ei. deiivrra at least ten da.~s iwfor_a -26e expkrauon of any <¢ch Paiicie~s, insuring against =ire ann`other imurahie - hszan}s, .-asuatties, and vntingencies as the Mortgagee may require, in an amount egos} to the indebtedness secured by this Mortgage, and ir. ccmpanies acceptable :n ±he :tlongagee, with los> pacabio clause in favor of and m form acceptable to the \Inrtga- gee. Ia the event any }xdicy is not renewed on or t+rfiur ten clays of it_. expiration, the 9lurtgage.• may prose rr insurnn r on the improvements, pay the premium EherrCor, and such sum shall lac?me inunediatrly due and payable with interest a[ the rate set Ferfla in said note until paid and shah ~• srcvred b.~ thU mortgage" FaIlure ort the part of the Mortgagor h> furni_ch sueh renewals - as are herein requimd ur failure [a pay any sums actvancecl hereunder :hall. at the aptton of the '-lt ~>rtgagee, cc+nsututr a default ender the terms of th*s mortgage. The delivery of such }rt+ticies shall. rn the event of default. constitute an asxtgnment of the un~ . earned premium. Any sums received by the ltnrtgagre• hr reaa~n nt loss ~~a damage inw red againsE ma} tr retained Fy the 91.,rtgagea and applied toward the payment of the debt hereby se~currd, or. at the option of the \Snrtgagee, such sums rather wholly ur in part map 3>e paid rn•er to the Mortgagor [n its= used to repatr arch buildings ar to build"new buildtngs rn thole ,:r fc- any other purpose or object saiisiactoty to the Murt~ager withnnt affecting the lien nr. the mortgage for the full amt,;ntt --rcure,! here by before sack pacmen[ ever look Place. To promptly repair, restore ur rebuild arc buildings t:r imprrn~ements paw or hereafter on the premi.r-s which mar be- come damaged or destroyed; [o keep said premises in good condition and repair and free from any mechanic's hen ur other lien or claim of lien not ezpt+-~Iy sutxudinatrd to the lien hereof, nut to suiTer or permit any unlawful use of cr any nuisanrr to exL<t on slid protxrty nor to permit waste nn said pzemiss. nor to do any ether act whereby the property hereby rnm•eyed shall become coca .alvahfe, am to dirninis}t er impair its value by any act or emission to set-. to comply with all r-qutrrmrnts of raw with respell -- to the mortgaged premises and the use therx~t+f. - That should the premises or any part the n•of be taken nr damaged by reawn of any public impr~',sement er anndem nation proae.eding, nr under the right of eminent domain, or in any other manner, tF \iartgagre shall b:- ertitied to all tnmpensatiuru. awards, and say ocher payment or retie[ there(ar, and shall be entitled, at it option, to mmtnencr, appear in amt prosecute }n its o+vn rrarae any action ar proocetttng. ar to make any comprranisr cr settlement in cinnrction with wch taking or damage. AN svth - competatQ..ion, awards, damages, right of action and ptocaexts are hereby assigned to the Mortgagee, who may. after deducting lbereftma ad: its ezpenaes, release any moneys so rc-solved by if or apply the same on any indebtedness secured threby. The Mort- , gagat aurae-ta eatatnte sueh further assignments of any ~ tmpenwtion, awards, damages, end rights of action and proceeds e; the Mxrz}tagee maY require. - That is nsae of failure to perform any at the .vvenants herein, the Mortgagee may do on the Mortgagor's beha2t everything - zm coveaanfrd; that the Mortgagee may also do any act it may deem nrcxssa:y to protect the tier, the rrof: that the Mortgagor will - i'eParY upon dEaisnfd any rnonevs paid or di_s>»trsed by Lhe Mortgagee far any of the above putpnses. and such moneys ioRet}ier with - interest iherron tat the rate provided in said note shall baxomr so much additional indebtedness hereby secured and maybe in- dt~ed lit nay decree fnreelaatng this mortgage and t+e paid out of the mots ar proceeds of sate of said premises if oat otherwise paid; that it shaft not lse ttt+figator}' u=urn ibe Mortgagor tr. inquire into the validity ut any lien. encumt,ranms, ar claim in ad- - eaaaag tadztegs ad abtrt2 saithurized, but ru,#hirg herein crrniriined s#sai} }x r:onatrtted as requiting the Mortgagee fo advantr any - mmpsa.for nap sueh ptripere art 3a, do any act heicurider; sad that Mortgagee shell not incur any pett,cutal liability because of any- `' i~ittt it toll! do or omit fo do hereunder. "- _. -~ .c - In the event d the detain! by M,:stgator in the payment o{ any installment, as required by the Nate secured hereby. or '--- - to the prrfarinamx- of tlsr abiipaUOn in this mortgage nr itt the note secured thereby, the Mortgagee shall be entitled to declare the '_, d~R atxurad Y". dt~ amt payable wAthw-t aaticr• and the Mortgagee s?aa}} be entitlcal et iLa epiian. wifhaui rwtice, either by itself r ar by it i!et;tivrr to lie appointed try ttr emR thereot_ and without regard to the adequacy of any security for the }itdebledness se~ child hereby. fs eater upon end take }xisaesaioa a7 the mortgaged Pretnisea, aru3 to collect and rereive the rents- issues end profits tieteof, acrd aiiP79 the came, 3esa caeb of operation and mlleetion, upon the iadehtadrteas secured by ibis mortgage: said rents, ierstaes'a+d jetc6b be:irrg hereby aatritired to the Mortgages as farther security for the payment of ail indebtedness secured hereby- Tbe Masrtta~ee dull havoc the poaet to appoint any agent ar agent= it may desire for the Purpose of repairing said prem- ises; reaiiag the slat: tni}eg4-tot khe rtnta,, trveatus and income, and it may pay out of said income a}i expenses inarred in rent- alt sad aianrntiat the soar •ad of tnEkctnnt the rentals therefrom. Tire balance remaining, it anY. shall be applied toward the dta~aWe-af the es, This aasitttatetit is to terminate and became null and void upon release of this mortgage.