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''f'?•f"iES 3LRCtFi''l'#"3rY+Eitl'l$ 7"r IJffd T'1~:f11?",tR; 4:MC9tkr°~',IViR;Pd"l lyl ~pi~l!W'ICiGN .~i,E`.d'i7i',b'.;~i'.Et: #aat the Mortgagor will pay the inr~ehitdrtet~s as 'leer±rn#xrfri«% prmded' ;~~~ That ine Mortgagor-i5 t?te riwner of sand property in fee simp}e and has gr>9d fight anti iawiui v-~.,..., .,, :~:'x ~..-_ cenvey zhe same arttf that the name is free and clear of any lien nr encumbrance; and that Mortgagor .•itt warrant and .defend the tifie to said premises agains! the elaims.of elf peranres wharnaoever. To paysrxtmedia#ely where doe aFirl payable ail genera: taxes, special #axes, special asse•r-=mart=. w•azer charges- scorer cer;•- irF charges, and ernes saxes zed charges against said property. and all taxes leveed on the debt sr-.cured hereby, and to furnish the Mortgagee, upon request, with the original or dvplicafe receipts there-for. The :iSartgagor agree= 4hat there .hall he added to each masnt#!ly payment required nereunaer ar under the evidence c-f rieht sr-cured ha rs~#;y an a:n:.unt esiiz,a#e:I by the Mcrtgag ux #xe sufficient to enable the Mortgagee to pay, as they brr~rxmP due. all taxes. assessments and ;smiler charges upon the prem- ises sahect thereto?: airy deficiency l;fcause cf the insufficiency pf such additional i;z-: meets shall he f,;rihw•ith ,~E po,,,ited hp the hiartg'agor wish the '.Scrtgagee upon r#emaad by the .vfcrtgaFee Any riefault under ini~ paragraph s#~ali h~ <ter•med a rfefa:_lt in payment of taxis, assessments, ar similar charges required hereunder. The Mr rigagnr agrees that there shall also he added to each month]} payment of principal and interest rs+tuired here- under an amount eaiimaterl by the Mortgagee to he sufficient is .-noble the Mortgage=• t;, pay, as it 1-,romr-< du.~, the rr=uranee '~ pre:r:ivm on env Insurance policy delivered to the Mortgage .:try defici.~ncy becau-!• ;xt th^ msufficienc of such additonal pay- ri{ meets ;:nail ne fnrih-with deposited by ilia Mortgagor with the ?><Sortgagae ulx:n demand h,. rhr 4ioagagrm. Any defeats under this ^~ paragraph =hall be domed a default in the paymerxt of G~su ranee premiums If the= IH u:; ,. „c .-s . , s,-r .r.ich a?. m:~me ~ owners ar all risk policies, and the deposits are insufficient to pay the epee rr premium, the Mcrtgager- mays apply the dc•;msR b, pay premiums on rskc required to he insured by this mortgage. t ayments made by the Muri.gagr,r ~.; rder the aba:'e paragraphs may. at the option of the :eir rkgagee, be held by it and / eomrningicd with other such funds or rte own funds fur the payment of such items. and unit! ~ applied, such paymenk; are hettrby ~1 pledged ax sera city for the unpaid F.alance of the mortgage indebtedness. ~ To procure, deliver tu, end maintain for the benerit of the Mortgagee during the Icfe of this mortgage original policies and renewals thereof, delivered at la•a~t ten days Ixdare the expiration of any such policies, insuring against fire and .~t #;.r ;o.u sable lraaards, casualties, and contingencies as the Mortgagee may require, ir. an amcuat oval to the indebt~dn:-ss sc^ssra•r= Ixy this fviortgage, and in companies acceptable to the Mortgagee, with loss payable clause in favor of and .n fnrrn acceptable to the `.~:rkga- gee. in fete oven's arty polity is Hewed on or #acro e ten nays o s ezptra - nr --rages may prvc-u re -.- - -- e ~..-. ,r.- improvemen[s, pay 'the premi_m tk:arefor_ and such sumrshali hecomerimmediately due ando payable with intcrestrat the rake set far#h in said nou- until peel anti shall be secured by Yhis mortgage. Failure cn the part at the Mortgagor to furnish such renewals as are herein re@u:. ••d nr failure to pay any sums advanced hereunder shall, at the optfue nt the Mortgagee. constitute a dPfaua ender the leers of this mortgage The delivery of such policies shat]. in the event of dote utt, constitute an assignment of the un~ earned premium. Any sums received by the Mortgagee by reason u( toss or damage insured against may he retained #ay the Mortgagee and applied toward the payment of the debt hereby secured, ar, at Elie option of the hloztgagee, such sums either wholly or ir. pare may be paid over Lu the Mortgagor to be used to repair such buildings ar to nuild~new buildings in their plarv ar Car any other purpose or object satisfactory to the Mortgagee without a$etting the lien cn the= mortgage Cor the ful! amount secured here- by F~fa.e arch n_ycnent ever took Glace. To promptly repair, restore or rebuild any buildings nr kmprcwements now or hereafter on the premises which may lx- came damaged or destroyed; to keep said premises in good condition and repair and tree Gom any mec'hanic's lien or other lien or claim of tier, not expressly subordinated to the lien hereof; not to suffer or permit any unlawful use of nr any nuisance io exist on said per ;early nor to pa:z:at xa52e on ssi•', premiss. ear t., do any other art whereby else l;roperty ::ereby torveyred shat] l>r•,.~me le?s valuable, nor +n diminish or impair iL value by env ack or omi=resin to act. tc rr,, ,;iv with all requirements o{ law with r.-sp.rt to the mortgaged premises and the use thereof. ,.a. sr..- u the - tre;iT:-. ,- _ .. ,.. .~-:: t^= .ar,::... -.~--r.=d .e - . _,. --ub3ir . ,,..sit=n' .,t ~on.~.._...,..a..:,.. •"`"E:`dirig, rxr ender +he rant Of kninant !?r1L*_+~?~ -- *!n dSiy nfher Znan_nn r~ the !4SOrt~aga_ •5h31t t_ _.._ sect' ! ail ~mpen3atxnr awards, a_nrl arty at#rer payment Or relief CtiereIar, and shall bE entitled, at iLC option, La CommPrtCC, appear ins and prnsMUte in it_ ....m.t:..a a }.. m~4~ w c~+tla,..~..,t i and:.~., .. :s f, ; ..•1, e~4:tea ... amm~ao do ~.n!< ..n:, .mss.:.r ~..^,y ~ .~.. ., .,..~.._., -. .-.~.,, ~.- .~....._-. ,~..-._...~•...... ~-.....~.. _,.... --.....,.,.,_..a=. F ..s,. _... v .. eempeneation, awards, damages, rightVot action ands proceeds err -hereby assignedc to~the Mortgagee, who may. after deducting tharafras::#7 iLa-expenses, release any moneys sa received by it ar apply the same an any irdebtedness secured #;ereby. 't'he ,LSar€- gagor agrees to execute such further assignments of any compensation. awards, damages, and right_c of action and proceeds as the Mt>rtgagee may require. That in case of failure W perform any of the covenants herein, the Mortgagee ma}• do on the Mortgagor's taehait everything ~' so coveifanted; that the Mortgagee may also do any act it may deem necessa ry• ±u protect the lien thereof; that the Mortgagor will ~~-- repay upon demand any moneys paid or disbursed by the Mortgagee for any rat the above purposes, and sucfi moneys toget}ier with - interasY thereon at the rate provided in said note shall become so much additional indebtedness hereby secured and may #:r in- cluded in any decree foreclosing thin mortgage and be paid out of the rents or proceeds of sate of said premises if not otherwise ~~ - paid; that it shall not be obligatory upon the Mortgagee to inquire into the validity of any lien, encumbrances. or claim in ad- valudng mimeya as above authorized, but nothing herein contained shall he construed as repairing flee Mortgagee io advance soy _ moneys for any such purpose ear to do any act hereunder, and that Mortgagee shall not incur any personal liaiselity because of any- thing it may rig or omit to do hereunde¢. in the event of flee default by Mortgagor in the payment of any inskallment, as required by the Nate secured hereby. or in {he peHormance o[ the obligation in this mortgage or in the note secured thereby, the 4ortgagee shall be entitled to declare the debt secured hereby due and payable without notice, and the Mortgagee shall be entitled at its option, withauf entice, either by itself or by a-diver to kfe appriinted by the court thereof, and without regard to the adequacy of any security for the indebtedness se- c[>fad hereby. to enter tiputr-ails take iT~ainn secs- the mortgaged premises, grid to calizak and receive the rents. i~nes and Iriafit~ tSiprgpf. and` amply the carne, .less cr><n#s of opera#ion and caltection, upon the indebtedness secured by this mortgage; said ten+~, iasires seat pr»fita being Srerebyasaigoed to the-Mortgagee as further security lot Khe payment nF alt inr;ebter#ness secured hareby- 't'he Mortgagee-sisal] )save the paver !o appoint any agent ar agents it may desire for the purpose of repairing said prem- - -- -~ises:-renting. the saane; cbtiecting the rents, revenues and income, and it may pay out of said income all expenses incurred in rent- ~inrlti- managing the same and of colieeting tlm rerifals therefrom: The balance remaining. if any. shall be applied inward flee - .discharge M. fife nortgage'indebtedness- This assignment is to terminate and became null and void upon release of ibis mortgage.