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T3t;B Mi33iTC'rAGQF! F3734T3~ER' t'.C3NE:VA3~7`£S P6FiD AGi~EE,~
<br />,. ,~ .,fir.=I,~,~ '
<br />That tha~ ty3g~rtg~g4r. wit) pa.W' i'the^ i,ndebtednleaa ~aw'~ 3E.rrrintrufare~',,~provtit,etl: ~ '~,~, • ~ ~ ~~
<br />That the Mortgagor is the owner nt said {.~ruperty in fee simple and has good right and lax•fut authority to sell and
<br />convey the same and that the same iB Tree and clear of any lien or enrvinbrance; and that Mortgagor will wawa=a and defend the
<br />- title to said premises against the claims of al! neraesna whomsoever--_ -
<br />To pay immediately when due and payable all general taxes, special taxes, special assessmeni~, water charges, sewer serv- -
<br />ice charges, and other texas and charges again:a said property; and all taxe': levied <sn th+• debt seen red hereby, and to furnish the
<br />Mortgagee, upon request, with the original ur duplicate receipts therefor. The Mortgagor afire+•~ that there shall be added to
<br />each mant.hly payment required hereunder ar unds+r the evidence o[ debt secured hereby an amount e_-+timated by the Mort ;ogee
<br />~ to be sufficient to enable- the Mortgagee. t, pay. as they become dun. alt taxes, assessments, and sirruiar charges upon the pnam-
<br />ices subje.-t thereto; any deficiency hecaus+..,f the incuflicicncy of sorb arlditiranat pd_ymeni_c chili he forthwith depnsitrrl by the
<br />- Mortgagor with the MnrtgaKre upon demand F,y t.~e ~; nrtgaga+•. Any dr~fantt under thi; oa ragrat:n ,ehsil 6r de~.,med a default in
<br />paymenf of taxes, assessments, +rr similar chi egos required hrmundet. -
<br />_ Tttr Mortgagor agrees that there shaiL also lie addod to each monthly payment of principal and ]merest required here-
<br />_ under an amount rsizrrur led by the Mortgagee to be stil5cient to enaL:. the Mortgagee hr pay, as it }u•a,aa^s due, the insurance
<br />premium on any insurance Iwlicy dot ivered W the Mortgagee. Anc detciency because of the insufficiency of such additional pay-
<br />mcnt~ .hall br forthwith depnsited-by the '-l'fortgagor with the :Mortgagee ufron d+•m:ind by the bTnrfgaFe•r Any d~favit under this
<br />. ~ pare}; raph shall he decreed a default in the payment of insurance premiums. If the {x,lic^: or pntir;rs deposited an• sncir ae trorne-
<br />nwnra; or all risk {x+hcirs, and the det>nsits ar,- utsuffteient to pay the ,•ntin• prenucrnt. the Murtgage•+. mac apply the drpo,it fi
<br />pay Premiums en riekx n•yuin+rl G; !x• insu r:rl by this na,rtgage
<br />Payment-ti tnadr t,y the Muri ga~;nr under rho abov.^ paragra{the may, at ill+~ option ,d th~• A'(nrtgat;er, h+• held by it and
<br />e.otnepingled with other wu'h funds ur its own [ands fur the paymem of such items, and umii sa applied, such Payr;~r~,;t, .-~rF h~reF,;-
<br />- pledged as security for the un{raid balance. of the mortgage indrbledness.
<br />` To pnrrurr-, drhvrr lo, ur.d rnainlain foe th.t b<•nrfit nP the Afurtgagrr during the life n[ fhi, mortgage original putic-~ -. .:nd
<br />renewals thereof, delivered at h•ast ten aay€ lx^Ltre the ox pi ration orf any suck pol u-irs, insunng against firt^ and uthee ur.,, ::,-`.=(e
<br />hazards, caualties, and rm~dingrnriea as the Mortgagee may require, in an amount equal to the indchtedm•ss secured bg this
<br />Atortffage, anti ir, e+rm panic-~, ueeo l>iahte fu t`re Lfnrtgagee, wnh ios payable clause in fa-.~+~r of and in form aceeptaltle to th=> ~turtga-
<br />gee. In the event ors {utlicy rs nut renewed on ur be(orr lcn dare a( r[e expira[u~n, thr• 11•, rtgagre may per n'u rr insv rnner +n; the
<br />imprwrrnrutx, pay i, e Prrnrium thrrrfor, and lurk sum shall becnn+r immrdiah•i~- dar• „i payable with i. +,rsi ai the rat+• cot
<br />foritt in satri note wrtii paid and ..hall be secure+t by this trnurtgag+~. L-adore on the part of the •jurtgagrer to to rri-th su,Oty *+.+;+-u•als
<br />ms err herein reeyuin-rt er failure !u Pay any _,ums advanced hereunder .<halL at ihr option of the 41+,rtgagre, c~=n-tihcCe a d~(autt
<br />under fhr tkrnrs u€ this mortgage. The cloth-rY r>f such ,>ti icie. shall. ~a the Brent ..,f :Irfaw t, - rtitit utr an --=ignn+.-nt of the nn-
<br />earned premium.
<br />Any sums r+'ceivrd by the Mortgagee by reason of loos or rtamage insu red against may he retau:rd try thtr~ wl+..r[gagee
<br />an'd applieri iowant the payment of the zlrht ~.:retzy scarce }. or, at tfir option of the 1lnrtgager. such sums rFtho.r +iv batty ar in
<br />'part may be paid over to the Mortgagor to be used to repair such buildings ar to build-new. buikfrngs in their place r7r Fr;r env
<br />other purpvsr or ok>jecf satisfactory h, the Mortgagee without uflveting the lien nn the nwrttta;;c fur the Fu}t av~~su ut +ec+:md here-
<br />- by ta~k,re such payment ever tank place.
<br />To ttrumptly repair, restore or rebuild any huitelings err in:{rnrventents now ..r hrrealt.'r +rn tree Prerr t.rs which may .u°~
<br />come damaged or destroyr'<l; to keep said premises in gu<rd eonditlon an<t repate and fn•r from am• mrchanio's lu~n or other hen o[
<br />claim of lien no[ expressly sartwrdinated to the lira hercofc nut to sutler or permit an} unlawful use of ur any oui,ancc n+ exist mr
<br />said property m,r to tx-rentt waste rnt sa lei premises, nor to do any otPrrt a+•t wizrr+-hy tt,r Prr,Prrt} !trrehy ~,-un,•:~.rr,f shall !w-come
<br />lose valuable, oar to diminish r,r im I)3ir :ts value by any act or nmis<iun to act. to aim l?te with alt requir.•mrrst.s of taw with re+pect
<br />to ttr martKagrd ptemrars and the use thrrr..f.
<br />That shotttd the prero ears or any part thereof 1,r taken or rtarna K+vt by r, :cane of env puhhr nnpn,cernen~. „ o~g nPtern natlnn
<br />ki t.~E+2diieg. eer undo [fn: tlikftE o- x•x~etµ nt ct Snain, -,r in any uth~r vuvtnx•r, tY._• !~Ict~r;a*s z• stiait [><. caaitftsc! t~ ~i! c'r,~pttt-}+rrt~atir-y'k+.-
<br />r;4vard5, and any uihec payrneni err relief tttereior. an+l sham t,r entitfeat• at tts nptintt. to cnrnmrnce, apliear itt otter pmriciaute it± i#,t
<br />~rw~t name anY action or Prtx:reding, or to Enyke yet late. txnm~[se• n; sr•ttier.u .tt its :a,lr.trctit;n -w,ih urE't: _-' + K Eggs. Atl such
<br />,.i A.Ei nC ttartY
<br />~t#da a'aat'il~, ~Y,1GR-Y°~a. r_ - ._- C{ '~kC .C:: 3r:11 t%~~t arm tt~ r@bY 3 ,:i~;;5 _~,fs- ~. €;Y.. - - - ~, k -~ -.• #` °ti:4s
<br />-'€l~rtfrza-n ~Il rt~~t+~s r~!~ any_mrn_ ys ~ rat ~d hu--ct s r-a?~.y tt,-_~t?re ,~ - r4 ~!t-t~~u ~~+ ~€t=_ `t"~_:t_-
<br />gagor agrera to rxecuW .ouch €urthrr aasignmrnia of any ramgensahun, awards, damage., and riKhts of yMiun arei prcarerdx ~ !hr
<br />Merlgageu may require.
<br />Tbat in case of (allure to perform any of tL•r cavrnants herein. the MurtKagrr may do on the \{nrtgngur•x tx~hnit curer tiunK
<br />- ao ccwenanted; the[ the Mortgagee may alai da any art tt may drrrn nrcess:rry to pmtrrt the lien ihrrrot~. that the M.trtgaKOr wail
<br />repay upnrt demand any moneys paid -nr disbursed by the Mortgage-c ter am- of the above purp+-.ors, an~f .<urh mnnr}•. roge,ttrrr with
<br />iatareet thereon at the rate prrrvido<l in said note shall be~rume so much additianat indehtrdueis hereby secured anti nrsy tr in
<br />- eluded in any decree forrclrkring this mur[gage and ta• paid ant of the trots nr priueeds of .~alr oP said premrsrs if nut otherwise
<br />paid; khat it shalt nut lsr obligatory upon the Mortgagoo^ to inquire rota the vaVidrty of any Iu^n, encurnhranc'e~ err clatm +n ad-
<br />vaneintf muneYA as abrwe suthartaert, taut nothing herein contained obeli ter construed as requiring the Martgapr+• to atlvgiN-t+ any
<br />mwEeya far.anY ouch purtrnae nor to du array art hereunder; and that Mortgagor obeli rnst incur am- pr rsorral halxtu} because of any
<br />thing it may do nr omit to do hereunder.
<br />In the event of the default by Mortgagor io the payment of any installment, us rryuirc•+i by the 'tiate sccurrci her r,^l>}- nr
<br />in tka pat{otnrtanra u( ihr srhliLtaFk,n in thix rnortgaKr ur in the ner[e sr_rured thereby, t}rr Murigatte:- she{i hr e•niitlr-ot to e#c-stare tF+r
<br />debt A4rurad hereby dw+ aod,pagah;e wi[haot notice^, acrd the lfuttga$~ shall he entitled s+t a3 option. wilhorrt neater, rrtherhy i[~It
<br />or hY a reCRiver ter lrr appointed try the court therittif. and without regard to the adequacy al any securit}• for the indehtedneav se~
<br />cttrt+d hac+€bY. !n enter ggnn and ta4e txxtflesaian of the mortgaged ptMtlisea, and to collect and recY~ivr !hr n•nts, ixeue+t and prut5fa
<br />ttterae3, ariid apply t}re same+, #tn[s c+crstta u[ aperaftiat~-and t#nltec[ion, upon the indehtcYjnrsa strcurrd by° this mortgage; 5irid rerth,
<br />- isasiea iirrd pmfi#a being herrhv'ttriwsrc~d to t3te-frgartRager av iitrther security far the pri'rrrent of iii inrirhiedne,~s srcurzd henfry
<br />Thr Mortgagee shalt have the pawn to aptxtint arty agent ar ayenEs it may desire {nr the purpose of rrpatrinr, said prrm-
<br />ir+ea; renting the alone; cottmttirig tht» rents, revenues and income, and it may pay nut nI said income all rxpensee mcurrrd is xent-
<br />iru! and managing tha• came and of rolteclins the rentals ihreefrom. The balance remaining, if any. shalt M• a{rplie<{ toward the
<br />d"te¢haegr: of thv mortgage indehtedneas. Thin aeaigtvnrnE is to Terminate and ttrromr null and void upon release of this mnrigage.
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