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<br />THE MORTGAGOR FURTHER COVENANTS AND AGREES:
<br />That the Mortgagor wil{ pap the indebtedness as hereinheto2 ~r;~d;: ~~-, - -
<br />That. the- Mt>rtgsgor is the, owner of said properjy in fee sirrEpte anA has good right +and lawful authority to sell anci
<br />convey ttte ramie and Ehatibe same is free and-clear of any Lien or encumbrnce;ard that Morfgagnr twill warrant and defend the
<br />title to said premises against tfe- cSaims of all persnns whornsoever.
<br />To. paw iamtedistely when due and paysbte all general taxes, speciaf fazes, sptriai assessments, water charges, sewer serv-
<br />ice charges, and other taxes and altarges against said nn:prrty; and all taxes levied on the debt secured hereby.:and to turnislt the
<br />Iliortgagee,-upon request, tvi4lt fhc original or duplicate receipts theretur. The Mortgagor agree. that there shalt he added to
<br />each marthty payment required 'Hereunder or antler the evidence of debt secured. hereby an ame+unt estimated by the \iortgagee
<br />~) pay, as they become du=, alt taxes, assessments, and similar charges upon the prem-
<br />'~' to. be suftitaen2 to enable= the ?4Sortgagre to
<br />:es subvert-thereto; 8gy-de&ciene~~ t+eaause of ilvr insufficiency of such ariditinnal payment shalt he forthwith deposited by the
<br />Mortgagor with 13te- Mtirtgaime tiftor. demand by the i t;rtgagee. Any defsult under this ps ragraph shalt be deemed a r{eFautt in
<br />l~R payment n€ taxes, axle sment:, nr similar charges reouireri hereunder
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<br />The' 1l4origagor agrees that iherc t:hall also tx< added to each monthly payment of principal and interest required he re~
<br />under an antouni estimated by the Mnrtgactn to t>E su.Ricient to enable the Mortgagee to pay, as it becomes duo, the insurance
<br />'~ ptYmium ort any ins+tray,-e pohcv rleiv-.'e:r-d f. E.`.r \i;:rigagre .any deficieH: :~ bresusr of the insufCicie~y of such stldilioral pay-
<br />ments shall be forthwith deptactr<d by the 4SongaK.+r with rl',.= 'lortgagee upon demand by the ~Sortgagee. Any default under This
<br />~ pgsagrap?t shalE be deemed a detauli :n the l:aymrr.t .+t tnsu ranee per:mums. If the policy nr policies drpz tied are such as Fn,me-
<br />~ turners or art risk policies, sa~3 fh, a?ems t.i t.~ sre• :n.ufficten: te, pat the rntir:• premium, the `.tiortgagee ma}' apply the deposit to
<br />pay eremiums on risks rc:iuire~e'. :.~ .K .n.u.+>.'. by ih i. n.ortKaar.
<br />°syment made by the livrigagnr tender the shove paragraphs map. at the option of the hicngagre, be herd by it and
<br />c'ommingted with critter such funds ,zr it_ .~vvn :,; nl~ `-,~r the cayment of such items, and until sr. applied. such payments am hereby
<br />pledged sc security cur tite unpatd italancr .rE the mongagr iniehtedne~s
<br />To procure, deitt'er :t+. and maintain for the iw>nrtif .:i the '.tS::rtr:agrr da+.rin;; the life of ihts mongagr original p++hctes and
<br />rerrwaYc tlten~of, delivered ai 7ra=t ten da ~'s before ihr :>tpira tton ::f any" such Sx.licres. msurtnt; agaie:st Eire and other :nsurahle
<br />?sauxia, casualties. and contingencies as the ?tiertgagr rna}' squire. in an amount rquel tc the mdebtcdness secured by this
<br />Mortgag_e• and m mmparves aoreptablr to the 1lfortgagee. -,pith tn~ payable clause- in favor o[ and in team acceptable t ~ the Aiurtga-
<br />gre. In the event an}- policy is ;cot rene w•ed tin or l+.-fore ten days of it- rtpirattom the jinrtgsgrr may 1!nru re• inst mare on the
<br />improv-rmenLS, pay- the ;.tremium therefor, and such sun+. shall hec~me inunedtatrly due and payable with in¢rrrst at 'he rate sr•t
<br />fntth :a said nat~^ until ~w,d and shall !.r -war<~ti '.+~ lh;: m.~n gahe Failu rz- nn the pan .~f the \f urigager to furnish such renewals
<br />as ax hrtrtn required ur failure to pay any sums a:i :-ann-d :*r. ndrr shalt. at the option of the fir:rtgage.-, son:ti[utr a ckEault
<br />under the tezns of rhts mortgage. The rlicr;y of suer. Smlir:rsTshall, to the scent of detautt. nnnsnhue an asstgnm:-nt of tier un-
<br />earned prrmtum.
<br />Any crrr>t receivxl •ry tie \9 urtgagre h :rasetn at loss or damage insured against may t+e retained by the :tS::rtgsgee
<br />and app:ied trncard t.tte payment ,.,f tt.•r debt hereby s.=cured. ~r at the option of the .llorlgagee, such Burns either .wherry ur in
<br />part may ar paid over to the Murt~ator to ti- acrd to reparr were l+uildinps or to build"new buildings iH Iheir plare ur for any
<br />ether ptupnse cr nhjert satisfactory to the 'ti.,ngsgx wttt:~.,ut alerting the tiro on Chr mangagr for the lull amaun, secured herr-
<br />bc ter i+re such payment ever twk oia^c.
<br />Tc prsxmptip repair. restore a,r rebuild any twildtngc nr tmprovemrrt now .,r hrreaitrr on the prem;sra w-bleb mar he-
<br />cnmz da.~.ag~ or destr•,yrd; to keep said. premtct-s en gored canci tson and rrf?arr and free from any methanic~s hen ur other lien cr
<br />eL{m of lien not espzrssic subotdinaiev to the hen hereof: not to softer nr permit any unta+."tul use of or any nutsanty to exist on
<br />said pre..prrty nor to permit waste ott ;std prrmisrs. nor i:+ do any other act ..'hrrrny the proper;}' .'trrehy conveyed shall }tectitme
<br />kw vatutdr, cure to diminis3t us impair ii valor h~ any art :~~r om:ssi.+n t.+ a.-t t.t ~ nmi+li +~ u'; alt r.-quirrrnents ui ?aw with rest`E+"t
<br />u t3se moregagrd Jre-5iaes and the use there-•of.
<br />That stxwld the premise:, or ens part the=erect lx tskrn ..r .iamage•d by rrauen of and pub!:,.m3~r.,vement ur condemnation
<br />prr,ce~!ding, c*r :ut$er the right of e¢rinent somatic. +•r in say other manner- the '`]nrtt;agrr~ >hsll be <•nt:'_'rd to all rnmpensatinns.
<br />ar-a.rd4_ aid any ocher payment ;,r relief therefor, and sital3 to entitled. st its epicure, to r+..mmrna. apf*ear in anti prosecute to its
<br />own name any encore are prceeeding, cr :c make any vmpromise cr settlement in tonnectinn with such taking or damage. All such
<br />;mer peasvetirta, as~ards, dama[r~'- right ~ni action anI pzocYedR are :Hereby a~ignrd to tie Taiorigagee. trha may. a£tcr dtrtiurting
<br />lltetefturst all its expenses, zeleasz any mamrys so rm•ived hs~ :t ur apply the same <.n an}~ indebtedness secured hereby The Mort-
<br />laG~ >t6~ ti exantte stun iurt5ter assignmrni ni szty t~mprr ~ttaH- wards, iamagi---.. att•'3 rights of attic..: a t:.- mis as fhc=
<br />A3ort=a~t+e was fr+Qutre- rq~t
<br />T'}a:t m tsar ai failure to prtfnrm any a3 i~tr :vt raa::s be rern, the !ticngagee may d.^^. ur, Ehe .'tiortgagnt s brhatf everything k ~
<br />so tvvrr~~tri: that the \4zregngee ma7 xlsn :io an> a::t nt ma} deem nxi-,racy t.• protect the ltrn [heeent, that ibe 'tt nrtgapor wdtl ° '
<br />repay up~t damarid soy- mnrcry=s said or .risbu:^.ra 6F tree .icstgaxe+ tear aa} nE the atx,vr pu rptne^s. and >uri; moneys togeztier wifh :;~:
<br />iAttr'rst thrrl tin at tlse rate r-r~ovtd:G :H sa:3 no.r- :..Rail ?H-.~,,rcr .,• :ouch art ~lttt.,na; ;nd.•ht Ines. hereby .e-cur.-ri sari may ta' in-~,,
<br />chsdcd in any dret[x• ivue:^lusutg this mnrtEage and be paid ..u, ni the rents a:t pro: reds c,i sale t.i .rid prrmisen if nni oche rw ire y,~
<br />paid: t'e.ea it shall taM 6r abligau+ry upon tare ,Yiortgagre to ,rputse into ihr talidity .:[ any hen. encumb:aHres. ur claim ir, ad-
<br />vaaatig mtcaryr: tua abu+'r authorised. b::t Hothirtg ix•man .i.ntautrd Mali tv n=nstrue:-1 as rt-quirinc the- 'vlortgag:•r i++ adt~anv-r sny `_ •
<br />t~e?'s for any catch purprsx' tar tc do any set ?'e:wund.-r arad that !.tongagc•r shall n<.t aneur an. F;rrtuna[ lrah+iit because nE ani~•
<br />tlti~ iT way tie or mrii tB ao )tesrundet.
<br />In ttct rvrat ct tree drlault by laitar[Fagor aH riu• pat meat aF any :nstalimr:.t as r<•Guirrd by th.- Nr+tr >xu rc-d zserebv, cr
<br />im the petiaraunce of the ottkigatmeat is ttits morgayr ur ra tnt ttvte sra~ured tiarreby, the FvS:.ngagre shat! be rnuclyd to s'.rr.lare the
<br />dcbi aeatrty ltrreby dvr and payatde t+itta:w: no:=_cr. and z:•x !ticu't{,agee shall ix- entttked at its u3;uon, u eihc,ut nc.ticr, either 6y ttaelf
<br />ar ~ a rc'?eiYrr tc, he ar~p..iatsd by i`tr a-uun tnrrc-,ri- Bred .ttthout rega^ei ic, the adcq:tacw of any- .cruet: }.- fur t'rt- indehtFjnn. se~
<br />ttarad isarg'sy, to care= tspc`n amt takt• p;.' of :ire mtu-tgal;n? premisz-a. arvi t:• ru-ilr.-t anti rrr:vc the rent.,.:3:;vc-. anal F,rc~6ts
<br />rt,...f.+; and appl; the came, 1=•~ r,-.:ta vi uprrattun acrd t<rllrrtion, upon the indrbts~,rtys sera red h}~ this mortgage; said renss.
<br />etmtrs and prdtb'laeing hemhy aa:s't~ntd to ihr *.ierrtgaFee as further security .fur the payment of all indebtedness ctt'urerf hereby
<br />'!'ira Mortgagee shah have the power t~+ apc><•,nt a::y ag.-nt ,rr aErnu st ma :i.~:ir.- f..r the t+..rt,,~e :" -spa: ring :,aid ;
<br />lace tentsnj the aatxer: tollriiaC ihr recta, myenues and income, area tt cress pay out of ra,d mcumr all expenses iH ~rrrFa to rent-
<br />art and ~ta~ittg the ae®r and td codireiir~ the mntaL t3urrefrum. TTte balance remaimrtg. ti any, shalt he applied toward ihr
<br />ttiaclsv~r of rise a+a•>t inddttedam~ i7ss assignment is to termina2r and become nuH and void upon release of this mortgage.
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