|
<br />~i
<br />:~
<br />
<br />1"°~~~~ '~iMfl#','n)~'IV ~CY'~u++Nul;i~:MCfL ill'Y,'7+".'I"i r -.. it~IM;'f'k', I~I~'.:.~ ~.'~ ' '~ ~f:;Nb~C~I{i': dltild~'1ik~!!I~NI'~ ,.:iiM~~ ~~;,
<br />I~~
<br />~ `i-_ 3 '
<br />~~`-~
<br />~ei-t '{~.K -~T33 xf; i _ _.~ - - __ js ~wSt3-ri-.#iC#A!! i.
<br />T':at i°+T .s,:rtax.~•trr fr! tills 5461i(I ref ty .._ ..-gf+a'YeV zT. $YV Y".M'jv~-°. ^~ ~! ~~XYS '~'h%3_^k~{ -Y d Y':~ - -I ._',s'S
<br />-
<br />'
<br />-
<br />~ rXAR S} 7
<br />ff Fa4tft' ^ad St3161 t}X r~10! ?N fF'~r~ arp(L LeR"M'X ':`{ iRy lYYT5 rX /'YdC~2~M39"'J'. ir•£e '!}:i4 .~+r'„~d~ra' Sr.., p,r[. m.., a.:'~
<br />+~~~ ~Ie
<br />t3ttl' t,'+ :ra)Yj p[C~raasrs
<br />erg t}1t ~ a~ pessarls +~lsF.
<br />.~. )~ rr~`,riy' .enrn du,r aax3 flai'atSft' atm. geHi'rai to 'yeA, taT/'Z 'k~YtS'>dl'~ 3Yi"~ e..- - , - ,rs- 4~'^+~:- ~+h S""-
<br />ti'e :•t:a.rgr+. a::-1 5tlrr taaea erne. r};a ~~ ag -n=' s
<br />a
<br />i
<br />d praperr-. and a's' -,tz~-s i€_-,~:. n ,r... 3c-M- -: ~ - ~-t-y_ }t , s,:: ~„
<br />'
<br />~
<br />J
<br />Marigagre, :]poT, rF-ij4PSt. wit,=Y tt~ M'Sig3lYai A drapniCat~ riCE7ytY t~+MiYf4F TPtr f T'tL2g`- - a{;f :F;al. .i3C{t }'.ati }'_ a t±
<br />rash rn.,rxfhiy t~y-rrc•n;.:.-,y_uimi fz~.tnr2er .~,: u_oder tTSP ~vedfre~• cd ~~°~,: ~ur~-,+ ; - r.h: a ~ an--~-.: s.t i -;a*_=•e, ---. tP;r Mcar'~ag~'
<br />t€: ~P Si1~!-t4'-~ i17 6A@~tk~.itM ~4rf~!€i4 t51 ;- y. 3`+ t, r v"t~~^L•m;~ et'•:s_•. $:1 to#t3. .~ST+k'TAt i, aT.t: a3;:31iar C`1'sirfYs rYyS3n LSrF ~]Rm-
<br />a
<br />ices subj€ei theretr+, any rieficirrr: %recauw of
<br />h,• its.-,sliicinF-.y >, :ue-h adtiiti,,.^,d- ,,,e}nsrn[...ha',? i~r- f.,.th~w tq}, <:~rp..,ssferi :-,y th>°
<br />t ,l+t7rfgagar u3t1; t3-:-- :.lorfg°ag- - n drmann t>y ,:e.. xi•:ra~nge e- An-. ....as.at .~ . _ ...- ~za•:.z. ~,-^. t,a:'_ ?':... a ,-rz~ a -yta....n
<br />~ payment of taxes, aexessmratx, r;r _smsiar c'rarges Srquirrd ?art«~rrats-r,
<br />~~ 'The Mnrigeg ~ agtl+es fhai #tx-re stsaFi alx+ t. -added ach rr sat3siy yeu+s _nt - r - ~ .a d - i - r - required sre~
<br />~
<br />d
<br />~~
<br />~
<br />s
<br />er an amrwnt F-t
<br />zZar~f b
<br />the .LfurtgaKr•r esl br -e,,'i
<br />yy un
<br />cient nat>;e ;h.• :i..rt -• - r~u {;yF in:u>ane.P
<br />~~
<br />~
<br />*
<br />remium
<br />rs a
<br />iz
<br />- d
<br />li
<br />d +
<br />}
<br />'
<br />r
<br />P
<br />.T
<br />p
<br />r,
<br />ny i .suranre po
<br />cy
<br />vere
<br />e
<br />,3
<br />te
<br />viortgaztY- any r'e5 racy b~rrau,. ,
<br />t
<br />rs-uffrsr rr. o, such additiuca3 pay
<br />'
<br />'
<br />f
<br />$
<br />i; tshen#s shalt br forth;+ith dPp+;e:ted hy~ the '~SoFtgaxcr wtth the tr,rtgager urn d ma os tt- '4iorfgahee. Any default ander thss
<br />pazagrapis sha31 tar dPrmc~3 a defa
<br />lt
<br />fh
<br />f
<br />~
<br />u
<br />;n
<br />r paynserxt o
<br />lnsuranc° premiums. if hP pr.ISC•; ,r policies d posited art such a5 trr.•mfr-
<br />owners m all risk p>7 ia-ir., and the dPp-:s!z are irsctfr-ier,t to tray the entire ;,remsurn. the ?Stvrfgagre may apply the dspo~tt {a
<br />pay' premlirmS nn F35iC9 rrgilirr-d t 5 tie InSir Fed t?y thss .T.OftgLQ,e.
<br />
<br />F a}'mert5 rrtade by the ~inrtt:ag;•I clndrY Liar abnl'.' pirragrapil5 may. at ti3e :)ptian at flit Moftgagc-e, bP iiPid hY It al'vi
<br />c~,mminglyd with other such loads nr its own fund.< fu: the payment rn such items, and urtii x> applied, such payment= are herrh~;
<br />pledged as security for the unpaid balance of ft3r mortgage indebtedness. - - -
<br />To procure, deliver to and maintain fnr #{ie t-nefii of the Mortgagee during the life of this mortgage original ;a;liciPS and
<br />renewals thereof, delivered at least fen days before fhe expiratior, of any such tx Heirs, insuring against tier ants .,t};.-° ;nsurahte
<br />hazards: casualties, and cr,_ti_ oencie~, a. t}te M _ v F~usre, in n,,.r..=A*~eual d L}e ~.°d.~°~.,~;d,~ -- --- - --
<br />_ _ _ ^rt€aoae ~, ._. _...._~._
<br />141origagP, and in companies a~epaab{e &, the Mortgagee, with ions payable clause in favor of an!t in form acceptah{e tc ih., '~lY,rtga-
<br />- gee. fn the event any pn{icy is not rrnewc-d can or before ten days of itr~ expiration, fhr Mortgagee may procure insuranc= ~.,n the
<br />imprwemeits, pay the prr~rium therefor, and much sum shaft become immediately due and payah{e with interest at the rate set
<br />• forth iF3 said ncrl anti pa;d anti shall iu_• sPCU red by thi= mortgage. Failure on the part of the Mortgagor to to rnish such tenrwals
<br />- - a= are herein rcquised car failure to pay any sums ar{vanced hereunder shaft, at the op?~+,tt of fhe worgagee, constitute a default
<br />. under the terms of this mortgage. "The delivery of such tx,i icirs shall, in the trvrnt cf default, constitute an assignment of khe un-
<br />earned premium.
<br />Any sums received #iv the Mortgagee by reason ai loss or damage in=_ured against may lie ret~'ined by the i4origagee
<br />and applied toward the payment of the debt hereby secured, or, at the S;ptior. of the Mortgagee, such sums either whrily or do
<br />par# may to paid over to the Mortgagor to he-t>.sed fo repair such buildings or to build"new buildings in their place car fnr any
<br />- other purpose or object satisfactory G> the Mortgagee •xithcut affecting fhr• lien nn the mortgage for the full amount secured hew
<br />t.y Mf..rn curb payment ever t«~k place.
<br />- Tv yrampY.lp repair. restore car rebuild any buildings nr imprcvemenu now nr hereafter can the itemises which may be-
<br />come damaged or destroyed, to keep said premises in good condition and rnpair and free from any mechanic's lean ar othr_r lien er -
<br />claim of lien not rspresaly subordinated to the lien hereof: net to suffer r.r permit any unlawful use of cz anv nuisaner m exist or.
<br />- said yroperty nor to permii waste an said premises. nor fo do any ether act whereby the properly hereby conveyed shalt t3ecnme
<br />- less valt3ahle, oar tti diminish or impair its value by any act or omission tc act: fn rrmply with ail requirement c f taa• with respect
<br />_ Yts the mortgaged promi=-=-c znj the use tl;Qreof.
<br />- That st`.~r~dd {~he premises car any - rt ±her;=of ~>e takes ~ -- _a„-o_ , _ . -_.-.. of ac3 :° public .^:proveme... ,,, :.v alemna.,:.n
<br />r
<br />T
<br />- proceeding, or under fhe righi of eminenf domain, or in any ether manner. the
<br />fifortgagee shag be entitled to
<br />all rnmnensaGons.
<br />awards, and any other payment or relief t'sierefur, and shah be entities, ai its apt:an, to commence. aypear in and prosecute in iia
<br />-_ - SS qn TBrrre-any HClra7St OZ priSCEeding, 6T tv makE anY CDmprOmtae 7i aettiPmrn{ In Cr>n nFCflon wt{h 9us#t tillfing 4: s1$fhage. tail yt3C-i1
<br />rmi3pensation, awards, damages, right of action and proceeds are hereby assigned to the Mortgagee, who may, offer deducting
<br />therefrom all iis-expenses. release any moneys so received i3y it or apply the same on any indebiedrtess secured hereby. The Mort-
<br />gagor agrees to execute such further assignments of any compensation, awards, damages, and rights a[ cation and proceeds as ttte
<br />- Mortgagee maY require. -
<br />That in cave of failure to perform any of the Snvenants herein, the i+lurtgagee may c{u nn the Itfortgagor's behalf everyti3ing
<br />so covenaatcd; that the Mortgagee may also do any act it may deem netst•sva ry t.. protect the lien thereof: that the Mortgagor will
<br />-
<br />_ repay upon
<br />demand any moneys paid or disbursed by the Mortgagee far any of the shave purposes, and such moneys together with -~+
<br />interest thereon at the Fate provided in said note sha:i become so muci3 additional indebtedness hereby secured and may be in- ~
<br />
<br />cfaded in any decree toreclasing this mortgage and be paid out of the rents or proceeds vi sate of said premises if nut otherwise _
<br />.°
<br />paid; that it shall not be obligatory upon the Mortgagee to inquiry iota the validity a[ any lien, encumbrances, car claim in ad- -
<br />va>aong moe3eye as above authorized, but nothing herein contained shall be construed as requiring the Mortgagee to advance any
<br />>ax3neya far any stfch purpose nor.lo.do spy act hereunder, and Lhat blorlgsgee_shall not incur any persona! l;abilety because of any- ~ -
<br />thi~-ii)~Y rl{3 QF fiFR}t t0 d0 hereunder.
<br />
<br />fn the event o[ the default by Mortgagor in fhe payment of any itiatellment, as required by the Note secured-hereby, or
<br />in the @erformaFxx of the obligation in this mortgage or in the note secured thereby, the Mortgagee shall he entitled tri declare the
<br />- d~_:r~.t~-may d~-~-~ ova--~-Ic ;*<at~e€t- .a`i.~. a=-td_`-_h2'ifo~igaa~e ahel! be~ent::l~cz at t;s vpursn. ntt:ss;u# °r ~stt~r nY tt~tf
<br />or by a it~iver to tee agp<sinted by *.ltr swat! fherzzaf, and wi£haut mgard fo the adequa.-.y of any sr~unty for tf:P indebtedness se-
<br />e3titiKi hereby; to enter upon and take f>ua§ession aT the m_ ortgaged premises,~andto collect and receive the rents, issues and- profits
<br />-
<br />Yhered;'~' apply ilx sa~trei ,its costs of operat~n and coHeeLion, upon the-indebtedness secured by this mortgage; -said'.rerrts,
<br />_ _ %~ettes card ptv8tu beirta hereby geed- to the-1t;ortgagee as further eecurify for fhe payment oC all indebtednw:is secured hereby.
<br />-' The Mortgagee s#Sait have the po,ver to appain! any agent or agents it may desire for the purpose of repairing said prem•
<br />-
<br />ides; renting the rime; ~- the rents,. revenurs.aad income, atx3 it may pay Uut of said income al! expenses incurred in rent-
<br />iree aril manasiag the carne and of eolli+cting the rentals therefrom. The balance remaining, if ariy, sha[I be applied toward the
<br />_ -diselnrae of the mprt,*ase iurdwem. This assignment is to terminate and become nail and void upon release of this mortgage.
<br />
|