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THE M£tRTGAtxCiR 17iJHTfiER t:OVENANTS AND AGREE!a:
<br />That the Mortgagor will pay the indehtedne»s a» F.ereinhefore provided.
<br />That the Mortgagor is fhe dwtrer o€ raid property in fe>e simple and has ~~griod right and lawful authority to sr•11 and
<br />_ convey the same and that_the same is-$ec and clear of any tics ar encumbrance; and that Mortgagor wi11 warrant and defend the
<br />title to said ~premisas against the deems of aH persons whomsoever.
<br />Tn payirnmediately when due and payable aH general-taxes, special taxes, special assessments, water charges, sewer sen•-
<br />ice charges, and other taxes and charges against said property, and all taros levied nn the debt secu red hercbv, and U, furnish the
<br />Mortgagee, upon request-- wieh the rriginai ar dupticate ren.ipts therefor. The A•Ie:rigagor sgn•es that them shall Le added to
<br />each moo?.hiy paymen! required hereunder ur under the evidence of debt secured hcret?y an arnnont estimated by the 63ortgagce
<br />to he sufficient-to-enable the Mortgagee to pa}', as they become duo, a^ cases, as~>ssmen£s. and similar charges uixn the pzem~
<br />ices subjec},-thereto; ant deficiency because of the` insufficiency ~C swh additional pavmr-n is .hall be (nrthwdth depc;itr>d by the
<br />Mortgagor with the o".urtgagem u!xm darnand by ih+• ~l crir;agrc- Any rlr~teuH unri.>r th!e par,rg: etch shall br rl.•cm.>d a drtacR in
<br />~q payn}ent of tares, aa5essmenG, nr sirnSiar charges required herewrder.
<br />Ay "3'he hlnrtgagor agrees That there` si:nil also be added to each tuunthty payment of ;>rinc}pa3 and inlers•st requ~rrc! tyetP-
<br />- ~ under an amount cstimatect by the Mortgagee to be st~cicnf. [n -enable the MortgaKi,•e to pay, as it bee^r,m,•s den-_ the :nsuranr•e
<br />to premium nn any in6urarrce puGcy cteiivered to the \.Sertaagee. Any dc•tici+mey- bocou~s• of the inenifit.lency nt .uoh additional (?ay-
<br />r'°~ :ue_n(s shall tx` forthwith depra ited by t}}e Aortgagor with !hc Mortgagee atxln demand by the lVlortgage+'. Any default under this
<br />- p, p~iagraph shaft be deemed a dyfaull to the payment ut insurance premiums_ IF the policy or poliriee depasirwd are• such an M:me~
<br />R/ •ners ar all risk p,;lirir•s, an<7 the de;asiis em insufficient 2n pay the ,.nt!rr pn-m;um, th,• I}1<,rtgag,"^ a sn;,l_- the dopvs~i to
<br />pny premiums un risks n•tiuired to !>c insured Icy this rnortgn!dr.
<br />Paa merits nradc by the biur!gagor under !i!a ai+ol-c paragrophs may at tht= option of the M-rtKaf;• ~ht by it and
<br />~' cumtningLwi with other >ut=ii funds or its own funds for the payment esf .a[arh rtem+ and unfit so apph d, _aah r a - ! -- ,:r• hereby
<br />plavlgeai rc+ ,erarity far the unpaid balance of the mortgage indebtedness.
<br />Tu ;+rs,c~re, drlivor L~, and mainGun for the F •nefit of the !at ,rtgager during t}:r li€e of the rnnrtgag- arrginat ;r„ix-+es and
<br />renewals thou-+€, deL~: r-~:t at Lest le^ days bcCure the aspiration of any loch }allici„~ lnsurin{ against tiro atsd ,ether insurable
<br />ha2ards, sae;:-,l tic`s, and at:ntiugencirw as the hSarigagee nu}y :r-[iuin>, in an smaun+ equal to the indebtedness seF-u red by this
<br />- Mortgage, :: n„ m atin}psni,•n acrrpfable to the Mlrrtgago,•, u!th Ir,rs~ payable dau_ce in i;,~:,r of and in term acceptable to [he 'r'Fuctga-
<br />gee, Zn the event any pnirrg n rink renewed -n : br o t ~ Mars .. it- ex!-ire i+m, t' e Mr,r, t;,atae n:av isr:aur~ t, ur~.cr an the
<br />imprcvenrents. ;ray the premiunz fh+°r.`G, r. and such sun! s!eu!( fire ,n ,. med~atrlr du= and pay abl.• with mtrrest a! the rate set
<br />- £ort3r in said nnt<• until paid and sha!1 tx= scoured by this n. gxrgrlk^Faiture on the part of the D~h,rtgagor to furnish sor ch renewers
<br />as are herein required ur failure tr+ pay any sum> art<ance,t he~reundrr ;lua!i, at the option of the A-tnrteagee o~na_titute a J-etauit
<br />under the ferns of this mnrtgase- "i'he dalicrrc ut =!urh u~dir n•, shall, :n tL.• went of ~'.uauH- cc=naitute an a~=signment o£ the a;:-
<br />earned premium.
<br />Any sums rc~•e~i. rd h, tfie y;e, rigagr=o by reason of tus= ,+r <iamuge into red a}:ainst may tee retained 6y {ba yl ortgager
<br />and al>plia^<3 toward the payment ut the dept ilerehv sr-reused, ar. at the' option of the 1lartgagee, such soars either whntly ar in
<br />part may he paid over t" the llurtgugnr tc. ix used to rcazur ,urh buildirags u. .<, t,uild~nrw b+eitdings itt thrEr plare• ,~r for any
<br />other purlxse or uhtects±!sfact„ry a` th.= MorCKagoe without affecting !he• lien on the mortgage for rho hdt nm:n:r!t rsocu:ed here
<br />by heforn such payment err tarok place
<br />To promptly repair. restore or rrbuiial any lurihlings nr rmpnn•ement now <<r h«•n•attrr on ?hc pn`mise•s wretch may M`~
<br />come damagoxl or d~truy ed: nt keep card premises in grK,d cendi flex} and repair and free from aely nn•chania^~n Lon ur other lien or
<br />claim of lien nut exprnasiy subordinated to the lien hrre,l£- not to suffer ..r permd any unlawCui uM r>< nr any nusancr to rs i+t nn
<br />said property our to 1>errn}t w-ante on said pnemisrs nor to do nny ,ether acE whrze`h}- thr> prn,wrtr hereby cnnv.~yed shell trPatomo
<br />I^-*!rs valuable. nos to diminish cr irn i><air its value txy cry act e<r .,mis.i.>n to ac•t . !u curnpi} •x;ttr all rectal cement.. u.' law wish r.-start
<br />.r> the :r ,4raKY<# pre-.=.-..a---, art the .;~e rner~r,..
<br />The, ,hout.t tF.o ; . .. ,,. „ < - !,art ti:e r+..:i t„• a,kea : r riam<„cd by r a,n •:d an, pubhr impn roan[ ,er a n<iemnation
<br />prt-?edin A, e r iinifer tr-i -o-'t?~I ci rr= rti,main. .r.' - anti iSiTtr: manner the Fl [,ri4aKee vri.t!1 rx' YnkFtte_v~rtil alt i~rapa~2satrf'.iL
<br />- aw eels. ..:ray :sth:'r e - .e:.t a. r=~iir! ti}. rcf~. a.... ;hall t. ~- entil.esd, at trK -p€:;.n; tc-cammattz=. ~r-tp-ar I- aric€-~irac.':c~titr+-3n .i3.-
<br />awn natnF> a.r4Y get4aa ,.. - -a•a'dins. . r 4=, alak:e env ±'e;mi?rt+n?!se r+ .V`I Creme+nr 1!: <.. n?!F~(tt:`:1 wStlt aLYh ?alcins (F damage. nil snob
<br />atStrtt:N.~°3tF.:;:.-a.-@r=tom.:. :! _e. .i6kL L ~!i ~ _~ ;•. f' tW 8t;y .. 1 .... tfic` ~...rtse, v..i. r. sec ?
<br />tharetwm a2I ife exirenea"s, release any moneys so received by it or apply t}}e~yame un am indebtedness sletrrnal hrretxv. Th- 1~nrt
<br />gagor agrees -trs execute such further as»ignmcni~ a€ any c::mt:r=nnat:un. au_sr,(s, damaT,as. and r:ktEt. .,, as t;..., a -ter=R.-.~1. ~~ rim
<br />Mortgagee may require.
<br />That in cosec „f failure to trerfnnn any of the eovenanin herein. the \4urtgagee may du nn the \turtgagor•s t><`half evveythittg
<br />ao tYwenanted; tha4 tht Mortgagee may silo du 2np art it may <ierm nrca~sary ^+ pro(eti•t the Len thereof, that the Mortgagor will
<br />repay upon demand any n}oneys yard ar disbursed by the Mnr(gaKec for any of the` ahtrve pu rxwv, and wr}3 moneys tugettier with
<br />intere»t thereon at the rate provided-in said note. shall Mronle ;cn much additional indebtax{naas hereby s+•a•ure+ri and map lx in-
<br />dudaxi in any decree (oredosurK this mortgage and tx• paid out of the rents or or«•eeds of xttle of said t>rrtntsea it nut atlrerwiae
<br />paid; that it shell nut he uWiKatury upon the Mr,rtKaKer• tr: !rxlu!re +ntu the valir3ity of any lien, aetcumbratx~ea. or risim in ad•
<br />varteing moneys as atxrve authorized, but nothing herein cankairtgd shat! bn cnnstruaKl as requirtug the MvrtgakY~e fat ~lvartre nny
<br />rrtortaye far any setrh purpose oar to da any act hereunder, and that ?ltortgaKe;' shall not incur any ix•rsunai ir::t,i!rty because of any-
<br />thing it may do or unit to do hereunder.
<br />in the event of rho default by Mortgagor in Ihr payment of any mstaiiment, ns nquirevl by flee Note` area red hereby, err
<br />in the pedarmanre ai the t}trfigakian in this mortgage or in fife rata sF+cnraal therE6y°, the Aortgagee shaft lsa~ rnitttpd ta-itz~lar_e the
<br />debt aarurod heretry due and payable without notice, and the Mortgagee »halt Ix, eutith•d at its arptiun, withewt nc,tirv. eitha!r by ievalt
<br />nr by a trcrivar to-kse appoiritld 6y the ss>urt thereof, and witFwwt ray('ard to the adequa!cY at any security for ttte [rtc(ebtednesa se-
<br />rurod heMtty, to enter- tttxm and tak! pcrsheseian sit th! mortgaged pramiaes, and to reflect and recclire the score, i•,~saita atu3 tn'uPrtti
<br />thereof, and apply the came; Ilse costs of olwratian and cullax flan, apart the indebte!rlnr~s :secured by this tm rtgaitl: acid rvnta,
<br />it».rues-entf-prisfita-Yx=trig-hrtdhg-a~ignrrl-to ttti!-Ivt-artgagaFr tale further nri#v-(or the Trayment of aft- in-~lehtertnesR ra-r+iravrt hrtet+r ---
<br />'fh! Mortgage! 9ttatl have tho power to aplwint any agent ur agents it may desire tar the purpaae of repairing said prrm-
<br />ittep;. renting the same, callertinil.tho rEnta, revenues and inrwnr, and it may prey out a( said iruxem! al! vzt~nses inntrrld in mnt-
<br />iteg and. managetrg the-same-and of railerttng the rental» iherefrnm. The balaatce abstaining, it any, strati br applied toward t~
<br />discharge of the mortgage indebtednarea. This assignment fe dt terminate and become null end void upon relea»r at thee martgagl.
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