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T.k^ff. MQRT43AC~R FfIRTtiER C.~pSf)u2ttAZ^7'1':~ ANft Af'.R1iE9:
<br />.. , . L;,
<br />That tf~.Mortgaj'~k~ +ar,wll ~pa,y the inr.,pelhti!dna~s aS,,~7~~refryhef~~rp Pravllded,
<br />That t}re Mortgagor is the owner of said properly in fee simple and }:as good right anti iaw(ul avrthnnt}~ tr, cell anct
<br />r.~onvsy the- same and that the same is free and_c1R=er of any lien or encumbrance; and that ~4ortga{t.vr will warrant are: defend the
<br />title to said premises against the c}sims. of elI persons whonvsnever..
<br />To pay immediately when due and payable all general -tars, special taxes, sp.ctat ass- menu wrtrr charges, sew.: yen'
<br />ice chargm, and o#her-taxes and charges atatnst said pro{~rty, and alt taxes Levied un !be .tuft -~°ru tad is r,=tr~. and To furnish the
<br />- - !Mortgagee, u2>nn request, with *he nnginal or duplicate rer,rtpt therefrir '1'hP 't1c rtFs~ ur ahre•r=•, that hr•rr~ .hall be addr. ri fr,
<br />each monthly payment required hereunder nr under tfie evidc~c ~ of rteht secured n. h en amount •tnnatR•d !n- the Mnrtea°ee
<br />fo be sufficient to enable the- Rortgagee fr, pay, a, they hue my due, al! taxes, a-.xstmerfs, an~l ,imilar c}rargrn upon the prem-
<br />ises-subject thereto; any r{Pfieiency because of the iosutlicicncy of such additional l:ay)nents ;hail by &vthw-ith deposited by the
<br />Mortgagor xit3F the L1 rtK FgPe upon dR n a - b, ihr• Martg,F e _- 4ny rte fault ^i=,ic r th!, l4~ragra['!; =.tia',1 ;:.• ri.•,•:nerf a rla fault in
<br />payrrant of taxas, assessments, or c;maa eha-g> required I r u+re:. -
<br />~ The Mortga -r agrees that there shah alno t)e ar}ded to each :n )nt},ij' Oayment ;f {,nnripai and rntrr€~-t required here-
<br />undr>r an amount estunat<. 1 by the Mnrt gages to bu ;ulHcie nt to onablr th~~ Mori gage r to par, ac it harcnney d ,e, the insurance
<br />premium nn any insurance policy delivered to the= Ainrtgagee. Aay dvficie~nc;; hecmtse of tt;u insuffgcir-Fxy of such addiUriral pay
<br />menu clxall `e farthsvith delsosiicd bs= the Mortgagor with the Mrrtgargre upon demanrt by the \fortgagr~e. any default unrest this
<br />' paragraph shalt }x deemed a default in the pay m.~at of insurance }rrcmiurns. If the pr,!ic_: +,r polities rlupr.;.-i tr-d arc auF'h an tn;me~
<br />owners or ail risk lwltcie., end ihu rlrµxits are L:aufficient. to pay the ontin~ premium, the Al c)rtga,a~r :nav apfrly {he deposit to
<br />payr prnmiums nn nsks rewired to be insured by this nFUrtgage-
<br />Paymunt+; rondo by the binrlgagor under 1he~ above paragraphs may, at the opttun of the stn rtgat,eu, b:~ hold by $ and
<br />- cwruningfed with other snc }~ &u;ds or its .,wn Eu nd:; for the payment of such hems, an+l until w applir=d, such p8}'meat. ,;rۥ hsrehc
<br />' plerigF'<I as secu rite ftrr the unpaid balance of the mortz;ate iorleMednesa
<br />- To pnrpure, d:=Iiver h,. ;Fn,i nutintain (nt the bF•ncfit of the- tiln rtgagve during th+~ life ni rh,a mortgage origins{ pn{,.~~.~. ,; n,?
<br />renewals t}reraro(, deliu r,vl :n h',,-! i••n etas, before th. ca piratum u! any such pot u're-c snsur r s. ).,t [i ri° and ut hat inst..,
<br />hazards, tasusdties, and cuntv)~etriea as the Mortgagee mast n=quire, in an arruunt erlasl to rhu~ indR•btedness secured 1)y this
<br />- hlnrtgcag'u. and in enm;•ani.•.:.n..etrtabie 'u the• Lfortgagec=, with hsa {rayaGlu clause in fai~nr of sad m form aecapfab[e G, the tiiortga-
<br />gR.=c. I:F the event nos ln~ticy r~, nut re nv~,vi=d nn nr be(n re !en dayc of its expiration. the S-1~,~;:;.tt:r+r mar pn_:cu rF in_+u rancF• on the
<br />improvemPn2s, psy tt.,- pr.~ttvum lher L;r.:,a,i =nch sttn::hafl liar>nru imrnediafeiv clue anti payaiile with ini,•rr=k at the ra tr set
<br />forth in saifl note unt;; p:Fid and +h.,ll h~ +.rurvrt h=: this mratgagFr- "r`ailnre nn the part uF the \Mrrgagor to furnish _uch renewals
<br />as are hotrcin rcgwmd ur fmluro to pav anv suns advamted lFr rvundcr sha17, at the r)p l3un of th,= Marigarev, a^+,a.;titut2 s defanti
<br />. under Che terms of this roortkage 2-hY dc-!:vr}~ +rf such lx:{ici~s shsH- .r. the event of .fefaull, cnnstrtufe aR as_viRt.:nrnt ut the nn~
<br />Panx=ci premium.
<br />Any sums received he the ?.l urtgageu h~ reason .,f loss or dumxgc incur^d against may he rrtaincrf try the ;tih.rtga-^„_se
<br />and applied toward {tFP payment of ±h+• debt hereby secured, or. 8t t}rr o(rtion of the ~9ortgagee, such sum- either whcily or in
<br />part may t>F• naid over to the tilortgngor to he used to repair such butidings nr t) t,uld'new- tiai!rlitaa in d)en- plate r,r for aey
<br />other purpose ur ubl ect s:Fttsfacton• to the 4lnrtgagrr ivttt:aut affecting the lien nn tha~ nu,rt Yt[5%= G,r the felt anarcmt ;.~v n~rl here
<br />try tmfore such payment veer trK,k place.
<br />To pramptly :-F•1xafr. restore r,r eebuild any buildings or imprnremvnts now ..r hrreaf h•r nn the prcrnises which mac ts+-
<br />eomP damaged or destroyed; to keep said premi_.rs in grx)d cnmaition and cepair and tr.•r irmre any' m ti-hartic'-, hen r,r other lieu or
<br />c-taim of lien not expresvly sut,erdirtatrd to the liyn hereof; not io su!Trr ur permit am; unlau~fui u-,>;• of r.r arr. m;isz+rtcr to ex,a ou
<br />said property nor to perout waste on sa ici premises, nor to do any other sot .vhrn=ha the prv,p,~rty hereby cr. s'eti shall hea,me
<br />lass valuable, nor to dimi,tish or impair ifo vs{ue try are act ~u -n issioo t- r-r, to r.un~,h frith .,ti -,=<iu. retreat. u-t law :+i2 t, ru,p,.ct
<br />tc the mortgaged premises .Fort the use ti,ers•of.
<br />"f kat should the prrnusv, er any part thr•rruf Ik• taken ,u damaged hp r<•a_.nn c,f .,n+ ~,t,6t)r iiritn ev.~ment ;.. can<Iemnx!ie)a
<br />prt.r:erdtatr;• or uttdrr Ltev rF;,Gt .,. rn.:n<-nt ih.rr+:tto.. r it :-~:iy c,{lr. c ma.nnr r. trir~ i ,rir,at.-.- _-t,au to .. r.titt+c. ia, :sit c+:mprF..ya{ions,
<br />a+~ardrF. &nd anY uth.,r q,ga,rzxYnt ,,..tier theret++r ..,,rF shat! f_ e!?tit!Pd, ~- f, -vii. 3 - rim; -- iF,;t r ..
<br />F*r~s~2., ) . its
<br />rrwn name any anion ar proc~ading, ur to )take any cnmprorrtFSe or sett}ement ur connccuun with such taking ur F1anFaKe ,Alt .urh
<br />- spet~at.~-)i. awa~1-. i;rz3r~.gs•a. r=q=`-rt sF[ ac,ir•n nsFd }artuueeas ass hereby a€~is n+~! tc, the tt}„rfga~it-. :-. hn nea after c're ivrtinq
<br />t.~F2frL)r:i-;;I} :-tYs--t:iii'ri~a. -r2 ti-L-S~"~rf:y .".,c3,9@~3 i.-. '~^€+yt-e-. ~t l: L r - ,_ _ .n. n l.rs a r.<r.. cr .. r<+) .. rv-h! TitF' TESri-
<br />,
<br />V
<br />+
<br />e
<br />gagnr agte(at to eXeCU tP RUCK fn rlhPf aRRign rnent3
<br />Ot any 'a`nm1H•RKatnln,
<br />aWartia, damage V, and
<br />rig tlt•~
<br />F)f aR't.ani and pflfR'eedti ai tt)P
<br />Mortgagee may require.
<br />'T'hat in. ea~• of failure to perform any t)f the cuvF=rant. hF•rrm, the A9urtgagre may do ou the 3lortgsagur's bchrFlf v~~rr~ thinY
<br />so covenanted; that the Mortgagee may also do any act rt may deem necF•vca ry to protect the lien thereof: that ihv \l urtgaytor will ~'"
<br />rr'pay upon demand any ntnneya paid or disbursed 6y the Aturtgager [or any of the ah•n•e purgR>ses. noel ouch rnr*neys together with
<br />,
<br />interest then,Rin al the talc t>rF*vufed in wid note shalS hR~romP so nxu'-h adrlizionul indPhtecfnves hereh~• ;ei un•d sort niay ts• in-
<br />.?
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<br />aluded in any decrR=e fons,'IRU;ing this nn:rigagP and M paid nut of the rent. ur prr,<wF~ds of sate of saFd premtsvs if not F,tttetwise '
<br />paid; that it shall not be olzligakuy utx,n the Mortgagee to rnynrm lobe tt1P ratidity of any Gee,, enrumhcanrrn- nr claim in ad~
<br />vancing moneys as strove auihoriaed, but nothing herein contame<I shall t~P consfruerl as requiring the 1lturegagce to advanrP arty `""'
<br />moneys for any such purpose nor to do any set Murumfer- and that Mortgagee shall nut incur arty personal GubFluy twr'~nuse of an
<br />- -
<br />y
<br />thtnq it may do or omit to do hen+vodrr, '
<br />In the event nt Lhe de[anit hy -Liortgago-r in thF• payment of anp installmeait, as r.•quired h}• the- tiF,tr secured hereby, ar
<br />in the t)eriorntarree of the crhligaunn iFF this mortgage nr in the note sPrureil thereby, i}te ;`turtgagrr shall he antitled to declare the
<br />debt secured hereby due and payable wiihnut noHRr, and fhP Mt,rtgaguP sha11 he R•ntitlad at its rrpNon without notrr~, either 6y itw•tf
<br />nr ~ a retriver to tx xppointRVi by, the rnnrt kheeF>nf, and withaul mgarxt in the adequacy of any seruritc for the indehir~in~.a ,~~.
<br />S?ti='C~ he-r*-by f - --ri>~-~' "-iF..~--~~-tt ~-FZ~ 'r €' izr}a-`~,:'i:;n of tS-i~ me~r naFr-d pi`P-tat"E-2. :EnR~ tZ, CteliF'i-t anti r~caiVe ifte rY•nis, iti4vFr Final pYRtitF
<br />thereat, and apply thc• satr)P, ,iF-es ~ ,sts of ofx•rafiFn sort er)itectirrn, utran the indehteRine;FS secured by thix nrortgtrga~ .aid rentx,
<br />issgns and proflta hr<ing hereby aastgned to the Mortgagee as further security for the payment- of aft indebtedne-,s srMUrRVi herr,hv.
<br />'t'he Mortgagee sbai} have: the power to appoint any agent or agents it may deain~ for the purlruae of retwiring said prem-
<br />ises; renting the same; F;stllecting the rents, revenues and income, and it may pay out of sairi income ail expenses FnrurrveRi in rent-
<br />ing and managing the .same and at collecting .the rentals therefrurrF. Tho hatancc• remaining, if any, shall t+P applied toward Ehe
<br />discharge cf the mortgage itrdabtedness. 't'his assigtnnent is to terminate and become null and voiri ufxin rrh•tise ..f this mortgage.
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