Laserfiche WebLink
T.HE MO$TGAGGR FURTHER COVENANTS ANDIAGREES. <br />That the Mortgagor will pay the indebtedness as hereinbeiore pnvided. <br />That [he Mortgagor is the -owner of said {,roperly in fee simple and has good right and iawGil authority to sell and - <br />' convey the same and that the same is free and clear of any lien nr rncumhranre; and that Mortgagor will warrant and defend the <br />title to said premises against the claims of all persons whomsoever. <br />Tn pay immediately when clue and payable all general taxes, special taxes, special assessments, water cha: gas, sewer srrv- <br />icP charges;, and other texas and charges against said property, and all taxes levied on the debt srcuecd hrrrlry, and b-r furnish the <br />Mortgagee, upon request, with the original or duplicate. receipts lhorefor. Tha• ~turtga got agrees that there shad he added to <br />~~ each monthly payment required hereunder err under the r•v-irlonrr of dr~bt eerurai h•-rrhy an um~mr.t +•stimated by the T'tortgagee <br />to to ~ufficirnt to enable the Mortgagee to pa> as they lu•eurnr lu nll taxe. ac. s menu end -imilar clardrv upon the prere• <br />ises .abject Lhere t. ~ nny t hcu n y txcauce• r. F i) e rr tiu0' r r _ r,f ~ r h addil m 1 r e_ nun! hall hr fnrthra fh depcnitrrl h}= the <br />hortgagor with the M rtkagee upon Bernud ty 16r tii rtl Ant d+Lu,, tr e, 1 r ihrs tsar agnph sha^ k 1-, Wed a rlr fault in <br />payment of tuxes, assessments, nr srmdar charf,a:. r•qu~ . i h rv muter <br />-~., The Mortgagor agrees that there shall aL n her ndded to each monthly payment. of principat and-ihtr--rest reyui red here- <br />undrr an ~m.urnt rxtimated by the Mortgagee !n be sutficivnt t•. enah,le the Mnrtt;aKer- In pay. as if hecnmr•s due. the in==-u ranee <br />premtum ou ink : ~ era, : -G t I.ri ~ red b, rhr At. rt~ ~rt Ar,c l h-' ~,~ t---+:.~, -rf !hr- rr ;r.fli. x=ncv nC such addrU tat pay- <br />~ rrx•nts shall br forihuith drpo.r [rd ! ~ the- D1r;rtgap;nr will. foe Mr tt„u;Grr upon dern.rnd by the '-blartgager :y ny default under this <br />~ pnrngrgth shrill Ire deemed ^ artaul! in ihr {rat=rmaN of ur•:u ranee pn^mrams If the prr!iry nr pgdicir•s drposocd are such a= kromr- <br />owners nr aU rick p•dirie., and the drp,r.il a r• inwdlicirnr to pn} tlu• ante r•• pn-nri rem, the Mortgagee m:n t- apply the deposit to <br />paY prettrum-e on asks r ,urrrri to hr ur~u red 6a tbis uwrt4ar;r. <br />Paynx•nt. made by th,- 1b~rtg; u;::r under fbr abuv~ p:rrag ruphs matt. at th.• option of the Mortgagee, hp trr•Id by it and <br />•nnunmglyd with uihrr au. Ir €uud-~ rr:.,mn [rurrh Grr tho pnymrnt of such items, and until sn applied, such payments err hrr•!ry <br />plodgrd as sera city fur the uu{mud hr+Lr:.~=~ ref lie= nnni~.rp• ind+•hlydnrv:N <br />'Co procure. =G•Irvr~r i~~, :r u:i :~:.n rel.. u'. t: .r ;!;•. ls.~:.. (i! ~,e rh.• Oh•nr::rr;, ~,~ rtunng Ph•• hfe u( this mnrir;age ariK final policies ar,•ti <br />renewal. i}mre'Ed, d•9ivr~red .N Ir~e~.t t..•r •iat, ta~fro-r~ rhr ;utl~•r t -nrL polo m. m-+u r;ng a;;.tuls! fire and other insu rairle <br />h€:xard=, i_:.sualtier, and :onti::r; .;•: firs as tt,,, ns,artg,.~.+:•, r._ `a`~u;rear•-- .-- -----'nt r_,r?al to the indebtz•r!nr?s seaurwl lay this <br />Mortgat;r ~rmd m axn pun.. r.,°rVr :al 1.~ c.: ih \i r,;a r • .- t. i,.=, { at able r• L,udr in fn.nr ~>C and n fr,rar ac-r rl ,atdr to ttre Mortga- <br />gee. In the aarnL eon pr,hrc .. ,•a „ed ~ r err hrdr•~~• true rho.; •:f rte :-ape cstu,a, the Mu;rgagr.o may purr', u,- ;-_ ~~rr nee urr the <br />improvernrnrs. Frei` ii r r,=~-l:;r.: rr.r ~••r•~~• ~^.i <r ~,~h a ;shalt hr~,-nnp rmmrdmt d:• dnr~ and pacnhir wah lute rr.t ,d r,;r rah srY <br />forth in s-0rid note until p.+ ri curd vhah !a- cow red hr this -m:-t;,arflo Paifutr •; the part .rt the- it1 rmtgagor m srunian ,u. - „ r <br />ae err Iwr'~eur r•-auired ,~: fa a:.~rr~ in pnc .rot >unr~ adt ururr! 1=rn•unrlrr ,hall. nt rho otr. ir,n of ihr Mortgagee, c~nstitulr .: rl.danlf <br />~. unde;r ttnr,terrn•: of ihi~ nr<,rtc:rrr• The d>dirr r-. of ~,urh ;r~~!irm. shall, m the ivrnt of rlrtaalt, eonstitutr an and Knmrnt of the un <br />~~ Darned p>re;mian: <br />.Auv .earn;, rrceice~i by ihr Sq r•rtgagr•• 6t r••a-r,n ~-, r-. ~ r •i+uun„e rn;u o-~d agai nsi may 6r rdainnd hti filer Af nrtga;--ee <br />and apphrd toward the pat meat of ih.- dr•ht h<•rrd•:- a.., era or at the opuun rd th,~ M•.rtgaNee, such sums girth.-r wholly rx r,- <br />part prat ix- pm.i ot~-r t.r th•~ Mort gag~:r Ur ts, y-wl m .r .n-h !~ra(Jint:. ur Nr bnilrt~nrtt FruiLfurgn in thou pluco ,rr for am <br />other purpnn or nblert wti usteckrry o. ihr Mart e;a,.r~e a~..,...u ~•r R+~cf arse th.- li.•n rm the mortgage fur the lull amount .=eu reJ here <br />by he(o re su<,h payrner.t =err uxrk pla+•r <br />Tu promptly repair, recta rr err r•~6r.uld :un- bu Jrt;n~. ,- uup n:t rc~ nts new ...r hr rraftr•r nn the prrmisrn whmh may tu•. <br />came damagevl or desl ruyrvl. to keep ..ud {rmmi~.,^d iu ;; ..rd r, ride h~=n ;err! rrl •arr an.l free far;n any mechanu,'x hen ,a other lien <.r <br />claim nt lien m+t ecpmcv(- ohr:rdi•r-rtod to the urn her•.-~ :.er :• suttr~r =,r pr-rout a u:riawfut ace nt ur and reuisanc. t- exist nn <br />x.iri t-r.spa rt v- nr.r tt. t.ren... a. :. ,card gr.~ntr<--s- .,.. . t, r. ._, . =F i,e-r.•t _ ,}r.- rer.:l.+ _ r:e r>,k~,r -trn..:r-:. :'call t,r...,=n€ <br />lax.. valuahh-_ nor h. dnnnush r.r :ur,,arr i-. rmr a r .° .n~ :+rt r .- .r.•n i.. sect t, r„rt=!a with all rr.=-elm te•mrnts uF l:rw w-tth rasp.=t•t <br />Cn it9r mortgaged premises and rhr uor thrrrr,f <br />~,., ,n <br />' That ,h•,r,l,; :., ,- .,..,F.-_ ,, ,..;.. ,.a:.- -:._• ._,. -:, .:. r ..r<< . ... .:.::... :: .: .......:.~ .._, r ... .. ..:•..,..:.....:,t:... <br />nr,,.v.rvlln,:.:~r udder th ,;,r,- :.t +nu!:-.rrt :i,,.r;,'on, •.: ~r <•••. ,.•4h••r mttru7•.r ttre ~Ai„rtNiNr•a hall t>r• rntrttc•d Fu alt cun.I - sauuna.. <br />s,+w -{'a's. unn .ihr-r r _ =~-r. r . .r . .rr~r~€a;F. y..~> -..,.~ . ....... .. ... •,•' .x: C+'.enm€'.^,rH '~SrpY.FF In t`k!} tLF:iN£=f.Rtte= in tt_° <br />_~~ own Warn,. anc actrcux rt t '•d vahny,_ yr G• :: t ~ uuy r n tu. ro.r~•• err •.••td.~n -ni xr ,nr+un•rhon with curb taking ur dargagP AR such <br />companaation, swank, dsima0.-~., rlghl of :.--t n,n and pr =,~r.-sls ar.- hrvebv a~ i r.+~l to the MrrrtRager. who may, attar daducprjg <br />t hrretnrm all its extunutrx. release anY moneys su n•evivawl by rt +rr :apph~ the senor ear any indehtecbu•ss saw-u red hentl!y `Che Mort <br />gegnr as rrPS to execute such furihrr awigumrnie of :+n; rurnt+r.v+auun auartis. riarnaKrs. ami rrphts of actron ~nrl prrn.•rPds as the <br />Mortgagee may require. <br />Thal ur ruse of ha+inrr fu prrlorm guy r-f Ihr ..rv•,naru- h••n~m rhr- Afortgagre may do on the Atartgagnr's brhxlf eu•q thing <br />xtr euvrnantrri, that the Mr,`tE:aRre may ulvn du :ury err rt mn> dr=~m nrr•~s.aq a• peutoct the lion the rent that ihr MurCKagur will <br />repay upon demanct env enorteys paid err disbu rsrd hY the ?Vtnrigager for any n[ the above pulp+sres. and such moneys together with <br />intetPSt L1mrPnn at the r:ttr perwtdrd in raid note shall lxrume cu much addrtmnnt mdobbvi~res hr reht ce•eutrd and rriaY tw m• <br />eluded in anY dt•c•rrr forrrto±tng this mort g:u'r and ix pa:d onl ..t Iha• rent.. or t,rcx reds of wit of said prrrnlacs it oat ul henvi»P <br />{laid; that ri shall not ia~ uLlrKatury ulxru the• Murtgagtw ter unpurr utter Ihr t,aliditY of any Ism, rneunrhrwrern .rr elann in ad- <br />vancing mu!s".+ys ax atxnr sutMtrined, but nothhllS hrn•ur raudauu+d shall tw cun;tnr<•d as rrqutnng the Mortgagee to advance any <br />munuya Ior anY aueh pure. e•ee our hr do any set her+^ruuler, and that Mortgagrr sludl nut uu•ur unv pevsuneel huhrhtq tu•cmrsr ut an>- <br />thing it stay do pr omit to du ltrrruudcr <br />Irt ihr event =rG ttu• defrurlt t,y Alertgagur nt the paymmtt u( guy ursiallnu•nt. as legatee<t by the Nair secured herehy_ or <br />in the pyrtormancr of the crl+HsaUon in thhir. nmrtgagr ur rn the n<rtr ,-.cured thereby. the Mortgagee shalt hr r•n411rvi to declare the <br />dRt{t sot'ur~ heMhY d4tP nntf paYahlr wtthuut notice, and the blar tNaNrr xhail kv ruGtlyd al ux option. with•wt notice. tither by itself <br />or hY a.rtK't*1Vf?r tr? L- ttlf infe•ci h th. _-,art thereraf ant without rr>!:tnl tv rhr adtxtttacY cd alai 9Pt'tuity (r->r tht~ inr)rhteafna-~ .e <br />cured hPFPhy, to Phte; a{urn ltrid take pnr.se•+litott •rf the mortgage t t rrmisrx, and to collect amt receive fhr r•.nts rxsuea and profttx <br />Eheraot, and apply the saxnr,.lPxa tyxits nt oreeFatam anrt <;.t1Pi°tkan, atom the indehreYlnrsx xrrttrad by ihiv mortgage; said rents, <br />rues-and prt'rflta being hrreha aaaignPd to the Mortt:ngra+ as further sernrily for tht+ pavmrnt nt all itrdabh•dneas ccY-un'GI herehy. <br />ThP MortgagoR shall have the turo°Pr to apf'deint any agent ur aarnte if may desire fur the putpr ve of rrpairing raid prrm- <br />I.aea: rRnUng. the t4amR: COllrSting th.N tents, nvPnuPa afltl Ifll'nmP. bud It maV tray not (rt aAl(1 In(Y1me alt eXtN'fixPx InNrTMf In rPnt• <br />ing amt mabaging -the same and- of-cnltertiitg LtIP rentatx therrl rum. The balance remaining. if any. shelf hr applied toward rhr <br />discharge of the moHgage indahtedneas. This itattignmrnt is to terminate and become null and void upon relPxxr of this marlgegP. <br /> <br />