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TtiE Mt)ftT,rAGQft >~tixT~f~a~ G"C1v~,2rTnNTS ax~i ~c~?;~s
<br />i~ I ~ ~;~~
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<br />That the Mortgagor will pay the indebtedness. as hereinhefore provided.
<br />That the fvfortgagor is the owner of said property in ter simple and has goad right and lawful out' ooh, to sell and
<br />convey the same sod-that._the same is flee and clear of any lien or encumbrance; and that Mortgagor wi!I warrant erns! rlrfend the
<br />title !o said premises agains{ the claims of-all persona whomsoever.
<br />To pay immediately when due'snd ~payahlrs alt-general ~taxr_s, special taxis, special assessments, water charges: sewer .ar•rv-
<br />ira charges, and other taxers and charges against said property, and all taxes levied on the debt securer! hereby. and to turn{=.h the
<br />h?ortgagee, a},onrer;ucst, u~it}r the original nr duyrlicafr receipfx €hcrefor. 'Fhe ~ft~rtt;agnr agree. that there xhai! br• added to
<br />each monthly payment required hw`eunder nr under the evi<Ic•ncc of rlrbt secured hereby an amrnint estimated by the Mortgagee
<br />io be su8irient ter-enable the Mortgagee to pay, as they 6ecume• due, aft taxes, asessments, and ~imitar chatgr+s upon the prem-
<br />ices suhjecL Eherato; any rteficicncy heeause of the inaufiiciencr nF such etdr lifionat pdyments shat! ltF fortha-itii icpan-itrri by the
<br />Mortgagor tvitlr the b?or!gagee upon demand by the 1?ur;;;ager F.nv drfnutt unrivr thiv parr;K r~ph shalt hr• ri,-.•rstrrl a .1.•fault in
<br />payment of taxes, assessments, nr similar charges required herumuir•r- -
<br />The Aortgagor agrees f1raL there shat! slaa be added is each monthly payment of principal and vr[rresi required here-
<br />unrler as an+ount estimated by the b?ortgagre to he s+dficient tr, r~nablr 4he hTnrt(5agee to i>ny, as it herenrr•s <i+;e, the msuranre
<br />premium pn any insurance poliro delivered to the Mortgagee Any deHcir•ncy br-•rause t:f the insutTiriency of sash additional }>ay-
<br />menfs shall lu: forthwith deposited t*y the Mortgagor with the Mortgagee ufmn riemand try the ;Liartgagre. Any default under this
<br />paragra t+b shall t>E• deorn~d a ile~fa It m the t..evtnrrrt of insu ran--. { r •rninm if The h y r+r pc•hries rtep - r i are rh ac M,me-
<br />owners or ail rixk {mhcu•= and the it p: its .err insutiiemnt to p ry the e^.+lir ~ premium, the Mortgayo~z~ Tr - -a; pl: th- ..,e puvrt In
<br />pay pzemiuma .+n risks :eyuued t.. t+e inured by t}ns mortgage.
<br />Payment:, rnade by th,• ll.-~rlr;agur ctndrr the abr»`e paragraphs may, at the option of the Mnrtgaaec, ty, hol,i ;: ;t a,ul
<br />cnrnrn[ngird with other such tun,7a .~r its awn [unrfs fur the paym Not of peeler llama, and unkit ace applied, such payments an- h~~r.~bp
<br />~t phvlgerl as security for the unpaid balance of tt+,• murtgatie indebtedness,
<br />' ~ ~ 11+ { rcx r i •h err I +nntaiu for Hie 1 ~ h th hi~ itg ci riurinf, the life ~F thiv nrurtgage ongiital polir ire and
<br />~ renewals ther -f .--_ -r--t - 'a-t en -( .-•; ix•tor~- tb- t:r=i f -.uty -urh pr+Sai -. +ruring against fire and ,aher ineu rahle
<br />lvznards, rafunlt s ;, •rnd rantingenr i ~s err, the 4Sartgng e m.+~ r quire, in .in amount equal to the indebtedness secured by this
<br />`=..i5~~r•. crrx. --np. - ~crrirmhir• rr+ ihr• i'f uriga,~, - v-.n I, 3 a'rlc cl u~~ in t . r an-i in fc,rrn ar+~r,ptahi«, t<* rhr ~Snrtga_
<br />gam'. In the ee r t + v e licy i< not r wwi nn .+r h.•f r ~ -r± der} - of iL r apiral.un- th 'F?urtK ,g~Y may prrvxure ia-urant'e on fhr
<br />tmprovemenL, Pay ihr premium therefore, and sorb -=nm sh:+tt heeomv imme<ha!r!}~ duc• and payable with intr,reai of iktrh irate ere-t
<br />~fv,rrth in svid rwte uniii paid and chnli tx• ,rcun•d b~ [his mares-age- 1%aiiure un t};e p r+_ <,f the 1?ortgaot to furnish =urPe rrme_ziis
<br />asi are herein requireri or fiiilur to pa}° any sums advancc,i hereund6re' hail, at the opficr:, nt the aortgagee. cnnatrtute a iir[:n8t
<br />tender the terms of this mortgage- The dPlivFry' of Hoch puGrie+ shall, in the Event of default- coastihrte an assigmnent uP the um
<br />earned premium.
<br />Any suns rrceiccd by the Mnrtgakt-e iz~ rras:ni oC loss .wr damage iasurr•r! against ma he retained by the ~9ortKagee
<br />and applied €oward the pa}•mrant. of the= debt hereby peso re.t, cr. err the option of the Mortgagee, such sump either wt+ally :,r :r
<br />part may be pair{ over to the Mortgagor to be ^srd 6> repair such buildings or to buildnrw buildings in ihrir plae:• .=e far any
<br />other purlwse or ohjeet aaiisfttctory to the Mortgagr~•e wrthwu .rff«=ctrrtt; the• lion on tier m~ntgage for the full amount ~rou rid here
<br />by before such payment ever tr><ik place.
<br />"i'o pcumptly repaiz, restore nr rebuild any bui!~i+ngs nr impn,vements una- or hem:ttt<~r cn the pn•:n ilea whr.h rnuv tx~-
<br />eume dantage<f or destroycvi; to kr•rp said premises in gc ,d condition .tad repair and ,`rr~,• from any mechanic's lien ,n' other hen or
<br />', .claim rd lien nrr! eap=~=~iy suI>E,rdi ateci to £he li.-e, h.-reef. nut tr. wuiic•r r t>t-rrnii any unlawful use. ;:f nr an>' nuisance- Eo e:x;st un
<br />~. +aitt nraprrty nor to permit wry,. to n .=aici • c -`-•-- •• - -. ,a„ a -: i,r: a•.. xf.+-n t; - .:v r, r-. €~ a=r a, rni- t+irr -.Hai) ~r_•r_.r:r
<br />hs.+i valuable, nor tc+ dimtntah ur int >atr iEs value t e -ray ,.mot ..r .,r.i-. t.,r; to act ru cnee l,h with alt rr-qui rrme,rt iE law with rt•cpc-et
<br />in the murkgagect frretnirirs and the use therecsf-
<br />~~ "t`tyat 1s.,uld rt*e ,•>=*r=„~•~ .. ?r:7 .=.rt r4:r.e. i lie° tike ; : sty P, _. k _._. , : u- - {.~niie` improGema-n, r.. ~.nslr~tunatrta
<br />proceeding„ err under tae rigni of amuirnt dcvn,itn, +- - • -et+v ,?!ht n:in t.er tl.r M.•rt„err, .' ~-l. ll in .•ur;tle.d t...=l`= :<•nxl~n~atto°s.
<br />__.a.d_, -..! ,ttu. . ..t ... ...t.•f .ti r. ~,'_;;~,!# ~--. t•. €. --..- .~.. n. ?nme.- ap':~'_ . ...... :.......~.,,y ,, ~,e.
<br />_... own Honor env at ttott ur prr`a'erdinti, or to maker any •ompront£x_ or sc ttlemmir 'n iat4 'tcin +.ritl:.~rh. tip - ~ .i~srr ~.. ~~ ±.~h
<br />s;;sntpansstian, award;, don ag+•;:, sight of aetioe. and pna,'f~arfA are hereby assignee{ t<+ the hlartgayaa, whx, nosy, attar deeiucting
<br />therefrans e!t its exlwn+srs, release any moneys sa rtrrtvrd by it nr apply ihr same un any imlrbErdnesa serurad hereby, Thee Mort-
<br />gagor agrees W execute such further easignntrnts of any eumlxrnsalion. awards, damages. and rights of action anri prcx•reviv :.y fhr
<br />Mortgagee maY require.
<br />Thak in case of failure to pedon?t ank` of tk>3+ r+,uenanEa herein, t):. Mr+rtKagre• may do ern the ~?nrtgaKna s tx•half everything
<br />aq cx»enanteti; that the Mortgagee may also du any art +t may deem m•re^s,..ry to pro i.ret fhr lira thd~rruf. that the Mortgagor will _
<br />repay upon demami any moneys paid ar dishu rsrd tsy the Mortgagee tar any of the atxrve pa rpusrs. and such mrsneys tngetht•r whir
<br />intarwtt theresm at the rate prnvideri in said note st+atl Fwenurr au rmn•h ariditianat irndrht,•rtaer+.a hereby sancrexf anri may Fir in• -.
<br />eluded in auy drerra forrcltisinx this tnortRaKe and tu= pair{ cut „f ihr rents ur prueratls of wle of xatd pram+,ir.. it not athrrwisr-
<br />pair{; that it shall nut Err uhhgatcry uf+un the M%++rtga ~, t:, irryuatr u.tu ;fay valishty st any ht~n, .-+icumhraru°r ur claim to ad•
<br />vetmin~ Manays act above authnrixwi, but nothing harain contautrtF shall tx• crmatrurxi as rrquinnK itte Murig+tKr.• i„ adtanra any ~,
<br />trtprteys for any aunh purpraie oar to der any act herauntier and that Mortgattaa khan not incur at+y pxtvnrrtal liahttity !,* ea+ssr of any•
<br />' thing iE-may der crt+amit to der her~trndar. -
<br />In the event ut ihr tiefau24 by i'As>rtkat;ur ies tltr latymrnt of any mstallneent. ere nvluirtYl try ihr :Vote x~=cured hrrrl'ry, nr -
<br />in the l'~rformance of iho ddigation in ihir. m nt~r rxr m ihr note ~-srrrf tht~rehy, the MorigaKrr shall he rnLflyd to ei~.late tfxe
<br />debt atictrrsid hereby duo and peyaltla without twinte, Host the 'Mortga~tee t'ha}I be entiEled at its option, witltr.ut nntiaa, either by itaelt
<br />--rsf-Irk a riitrr ter r..-rtppnjritwd=try #7i~a ~iurr titt•ry~rsr -anri w~iflaint rt*~tlrt fo fife adi*quAfy of anY ++at?uriiti fur ftie-indrbtednc~ cr~
<br />ey€ed heretty, to rntt•r r~pr:n aitt~ take }rn!r+tr~ui :~ t±ts .•ncrt~a~ :# pt•a.-rrt~- anri tc+ e~silcc-t art rr~:i;:;• tht rent3. i,stiety acid pion"ter
<br />fhtrrtrof, end apply the same, less crgta ut oprratinn and is*liaMian, Upon ihr indebtrdnet+ie x±*curnd Fly this txtrrrfgaKQ; said rants,
<br />isaucs sod prtafsta being_Iteeeiry-igneti-ter ihr A3erstgagr~ iur-than stn9ttrity far fire payment of-alt ndehtednrs_w-sevhtrwi hrrrtry.
<br />The Mortgagee sitaii have the paver fa appoint any agent ur agents it may cirsirr for ihr purpose of rrt+airing said prem•
<br />- - - iaes; renting- the ttatne; tai}caittg.4#ia ranter. ;avenues and incouta. and it may pay out of saki tmx+me afi atcta•nxrx incurred in rrnt~
<br />- ing-+xnd-taanagtn# the-ssmta and of coliectii~ tlta-rentals theteirom- The balarrca remaining, if any, shat! hr applied toward the
<br />riiarhetge at the tnartptde inda6tedneaa. This assignment is to trrminafe and became null ern{ void upon release ut-this mortgage.
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