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<br />'q`Wf~E!I ~gil'Jl~tl*&~',~ii?iif~~aCIIh~N~ ~~'l.f~~'ii~~l.IhiRk t~tl'fg'If'Midkt~R"IfIC~; aNi~7f7 ~~911~YI~~Izl~k'~?IIG~- ~. ' F ° I(.uIC?I~'~l'
<br />Tt,~t ~ ~~ ,.w!! >~.° r~ az b~a~-_-t~r,~ =.:s°
<br />'t`rrJtt *..n= 6fctgagn ~ 3Ae a~rrrr v •a=i ;~r. .i .., ~.. r _. - ,
<br />, w ., rtR ard'l '=3. ~'F"/1 rZ.,. s.,._ .a~~i a~:~~ r„ ., -- ~.?+
<br />=?se *.x._~ s t~ t3x i3 seer ~ - ,s •. ~; -
<br />•~->r-,u. zr4 st# ,Erns. E'.x-;r^ zf +-r:°. ;.,.. ,F rrsa~#~ra..~. a ~ i-=.~t r..~! ~t{ag.,. •; rz:: g>:• ar.,t i.•-~ixt •.3~•
<br />ti{f.. tr., card , rrgnisos agairut Liss s'tri>ear of a~ prefnns rtv,~riveer.
<br />1`a pay-iarla+r•~atety ariun``due scut lfav>'~fc atE gl beta! talc, spn"aal Lazy... spreai ativ-•,:- _re w~. ~- - .; -rg-s, srwr .c=r~:-
<br />iss c3+rtrgc.~. scut a~€"ir tase€ and rfiurgrs age ..e.. sari. err fi,!-t,,~, - rd a}' Las-. -.-,~i..~? ,., ;h¢ r°rbf tie~rurr-4 - rr-cs3. a.r# t-• rj tr r~~ .~
<br />'3lorigaga*_-, uY"+s ~, -;•'i~ *ht angi=:ai e+z 8u{;1%c-ai,-- ;pig' {}-„~rrfe- ',T'h~ Si..rtga~r agr!•r•s th.~ri xr=-,. t,~! tY« _~ -`_E-
<br />eaeix naanfh}y payrnrnt zcquired ia=reunde-r r>r lu:de: ih,- E.: ,ir»c~,- ~:f ds-i,+, y~.-carer, hrrr%^i} an amt>.snt r-;timafer? !:-,, the ;ilrsrtgag++
<br />to t,e sufficient fa enabtr the 'g+forigagee to pay. as rhe}~ }.-:Vrn« c#.aF-- a}i fsx?s s.~es=asstnt~s- and ~mi'ar chaza~ atop the prerrs~
<br />"tses wi±je.^i the relrr: an,: +irficien. , l>Gcausf• of !hr- r~ -:.. a.t.t;t;-.-; _ _
<br />{nrtgagar wit} Lice Mortgagee up•rn demand r. r ".t ,.r„ .S -:y .e.,, .., r r.:---; as~rrii, r. r, h.+ E:. ,.r- n,rra a !..3,.~;;t ~r`
<br />1~ payment rsf taxes. a,~sxmenL, car similar Charge, r<+qu+rti:l ha-rr-,; r...r
<br />"Ph,- to-,rf agar agrees t}uat there shad else ap aderi fr; .-act: rs-;rstix3; payment r;f zas: ;~;pa: suet irterrst r~uire4 hex~-
<br />y~~at ender an anxx-nt c=limate-d tn~ the ,Mortgagee to !~ attic -nt - .able tt -. ~i s:fY.rgr - pa a. :t hr-c .-_ •1- - - th- i^~w. rasre
<br />sc7+ premium .. any +nsu cease poles; de}ivereci o Lhe 'l,r: a er dry drfic..r - .x-ca1 f the - rfliric•r v -f sorb additonal pa}
<br />rreni~ si-,atf fm forthwith drprxiteri by the -~ar.gagor iYh the }tr>rtgagc u7r.,n riFx-:a n by t}.s ~! rtgag An - dFfa call under zhis
<br />p+aragraptt shall be deemed a default :r. th. pay. :ent nt u:sura ncr• pmm+um., ff t+^e policy *r prA+rie drry,.rtFd era xucte a; t+,me-
<br />owners =:r all risk policies, and fi•+e deps ~itx are insufftrie-nI t„ , ?1~.. .~etr;re Z: rer.:ium, ifr- :ir.rfiga:,re zr.:a_: ap,rfy th. rlr-;,~ to
<br />pay promium+ nrs risks, requ+red to 'ce msurcKi by this mortgagt•.~''
<br />Payrrants made by the ,,".furtgagvr under the ahv~. r- paragraphs may. ai t7se cpticu? ,sf the Mortgagee, t.. held by it and
<br />>>r;tnmingied with ether such funds ar ifs own funds far the payment r>f such items, and until so applied. such f>ayrrtenrs are hereby
<br />plcdg€d as secuzity far the unpaid halanr_e of the mortgaee indebtedness
<br />o procure, de}ic~er te, and maintain fc=r the i,r=refit of tnF '~tartragee d.rring Lire life of thi mortgage oziginal pnircies and
<br />renewals thereof, delivered at least ten days hefrre the expirati*~n of an}' ,uc;5 pelicic~. insuring age=.asi !ire and ,,...-~r insu rai:te
<br />hazards, casua}ties, and c»ntingencies as the Mortgagee may require, in an amount egos! fo the indebfedt+ese se.~eaz~=< by this
<br />Mortgage. and la rnmPanic-s aeeeptable to Lhe Mortgage,-. with lGS nayabte clan-e =rr faeor ref and ~^ t,.~m aerYr,tat$F t„ :." *_f :,reg.
<br />gee. In Lhe event any tK lie: ;s not renewe=d nn er before ?en nays of +is expiration. rh+~ Mr.,rkgare:• may t~zocure insuran, ~- ., the
<br />improvements, pay the premium therefor, and such sum shall her.>me immediaic}y due and papah}e wiih inieresf at the ra:e set
<br />forth in said note unfit pair: rind shalt Fx• .•:e•cun d tsy th+s mr,rtgage_ Failure on the trarE r;f the Mortgagor to fiu rnish such renewals
<br />as are herein req~_ired car tai?care to pay any sums advanced hereunder shall. at !fie spline of the Mortgagee, constitute a default
<br />under the termk ad~ 'his me,ttgage. The delivery of such tiu;icies ahatt. !n the event at defy ale crsn_=?rtartr an assignment r:f fhe un-
<br />earned premium.
<br />Any sums received by khe Mortgagee by reason of :oss or damage insured against may be retained by the hturtgagee
<br />and app}led toward the payment of the debt };eretry serurrrl, ar. at the option c•f the Mortgagee, such sums either whnhy or in
<br />part may, }re paid aver fa the Mortgagor to be used to repair much buildings or to build'new buildings in their place ar far any
<br />other purpose or object satisfactory to the Mortgagee ;vithvut aRecting the tier, on the mortgage for the full amount secured here-
<br />t,y hero....,..rh r -_n+. -ver ten- rla__.
<br />Tu promptly repair, restore yr rebuild any braidings or impravemenfs now car hereafter on the premises which may be-
<br />come darnaged or destroyed; to keep said premises m grid mnditian and repair and free from any mechanic's lien cr other lien nr
<br />clam of lten not expressly subordinated to the lien hereat; .lot to suffer or permit any unlawful else of or any nuis,.nce to exist on
<br />said properly arse fo permit waste on said premises, nor to do any other act whereby the properly hereby ennvr-yed shall tsecome
<br />lt'~ vai:raoie, nor to dimirisit or impair its value by any act er omissiar. tr, art: to campiv with alt requiremenka of taw with respect
<br />to the mortgaged premises and the use thereof.
<br />Thai xhoa:ld the premises :;r any };art iher*~sf tx Oaken „r riamaged isy rea-on of ant- putKic irnptovement or coruiemnatiort
<br />r,~n~ng, oz under th., right ..~ eminent dezz~in. _, . ~ env other n,~nne., ti:e t:.;^.~a_,c-? .t;ai. h. =„titfr_--t_. tr; al'_ :s ,;, ~'io ~,
<br />awards, and any vthee payment ar relict t cr=f.:=r, and shaif be entitled, at its option, to commence, appear fn and prosecute-in its
<br />v- s~ err qty a%u:ie, yr pr.~zedirg. ~. .., ==_as.• moray c-,rpr. _=i ar r,r serf}ement in .onnesiion witi'e such tarring ar damage. Ais such
<br />:-~~ti~r.:-a~ar3€,- dar=~,~. ='tiht .--•'n ~~ ate.. Nr-~~;~ ~a te; e#-r° '~ig;rAd fa the t
<br />m-tgaaee. wito maY. a€i~r-d~rciing
<br />therefrom alt ifs expenses, release any moneys so rc-ceived by it or apply the same an any indebtedness secured hereby. The Mort-
<br />gagor agrees to execute such further assignments of env ecmpen;ativn. awards, damages, and rights afi action and proceeds as the
<br />fMortgagee may require.
<br />That in rase of failure to perform any n# the cnvenant~ boccie. the 4lortgag<e may do on the Mortgagor's behalf everything
<br />aQ covenanted; that the Mortgagee may also do any act it may deem necessary u+ protect the lien thereof; that the Mortgagor wilt
<br />repay u~rwi demartil any moneys paid or disbursed by the ?Mortgagee far cry of the shave purpaues. and such moneys iogettier wiih
<br />interest thereonek the rate provided in said note shall became so much additional indebiedsxws hereby secured and may he in- rp+
<br />ciuded is any decree foreclosing this mortgage and be pz:id caul of the rents or pr.><<eeds of sale of said premises if not otherw°ise ""`
<br />paid, that it shall not be obligatory upon the Mortgagee to inquire into the validity n[ any lien. encumbrances. or claim in ad-
<br />vis:tciatg morays as soave authorized, but noii?ing herein contained chaii be construed as requiring the Mortgagee to advance any *~
<br />moneys far any sueh purpose nor to do any act hereunder, and that Mortgagee shat! not incur any personal liability because of any- V
<br />thing it may do or omit to du hereunder. '
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<br />- 3n the event of the default by h!o*tgagor in the payment of any installment. as required 6y the Z*tote secured hereby, or r•e
<br />-f'-
<br />in {he performance of the obligation in this mortgage or in the note secured thereby, the Mortgagee shall be entitlcii to declare the
<br />Aabt aedtrtxt i~rehy,aute and payable without notice, and the Mortgagee- shall be entitled at its option, without notir-e, either by itself
<br />car tsv-s iteexrver #a be anprsintr_d-bv the court thereof; and without regard fo the adequacy of .9ny ser'urity f~ the i°•tel•e-___ ~-
<br />cured herg3s~; to enter upon and take pas?aession of the iriarfgaged premises, amt to retleek attd receive the rents. iseete~end preFtt
<br />tlterenf;-atni--apply tip lister: lesir costa of operation and-coileactfon, upon the iiidebtedttess secured by this ~rigage," said mats,
<br />issues iritd pro6ta being-hereby assigned to the Mortgagee as furtheitsecurity for Ehe payment'of sit irideb±ednessR secured hereby
<br />- The Mortgagee shaif have the power to appoint arty agent-or agents it may desire for the purpose of repairing said prem-
<br />iaes; renting the same;, cnltecting the rents, revenues and incgme, and it tray pay out of said inrome alt expenses incurred in rent-
<br />- ittq and manegirra -rite name'and--of colieciing ~tFie- rentals {heYef tom' The balance remaining. if any. shall t>F applied reward the
<br />d'erc4tarPr of the'mortgsge indebtedness. This assigttrnent is to terminate and become null and void upon release of this mortgage.
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