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THE MORTGAGOR FURTHER COt%ENANTS AND AGREES: <br />That the Mortgagor will oay the indebtedness as hereinta>fore provided. <. „~1"~' S(~ _ , <br />That t11e 14Yactgegor is the owner. o[ said property in fee simple xr+d has good right and lawful authority to sell ar.<I <br />tnnvey the same and that the same is free and clear of any lien nr encumhrance; and that Mortgagor will warrant and defend the <br />title tP said prems~~s against .the claims of all persons wherlisnever. <br />To pay immediately when due atsd payable all general fazes, special taxes. apecia[ a: ussment-c, water rhxrges, sewer serv- <br />ice charges, aril ether taxes and t3larges against said pmpeity, and all taxes levied on [he debt srcu red herehy, and to furnish the <br />Aortgagee, upon tegliest, with the original or duplicate receipts therefor, The Mnrigagor agrees That there shall he added to <br />,~~ each monthly peyrrirnY required hereunder nr under the <>videne<> of deht secured h?reby an amount estimated by the Martgagee <br />~i to be su6ityent to enahie tine biortgsgee Ya pay, as theg 6erome doz. aU taxes, assessments, and ..imilar charges upon [he prem~ <br />ices subject thereto; any deficiency hecaust> of the insufficiency o€ such additions) Payments shall he forthwith deposited by the <br />f~ Itior[gagsr with -tf~ ?.$~r#gs$re xiro^ demand h}- flit .1.Sortgagee. Ans• default under this paragraph :hall Ew rlermed a default in <br />~ paylneni of taxes. assessments, ar similar charges required n.>reundrr. <br />The Martgagor agree-. flint L'IYre shall also tas' added to each monthly payment n{ principal and interest required hero, <br />udder an anaouni rstima ui by the M.,rtgagee to 6r sufftcier.! to enabt^ the \~Sertgagee W pav. as ii h^comes du<>, the lnsuranre <br />~ premium an an}• insuratrce policy deliver:^d to the Mortgagee- Any drfieicncy because nE fhr iluu@•iciency of such additional pay- <br />i~ menfs shall be forthw-iih deprniled h} the Afortgagor Huth the 'tiortgagee upon demand b} the Mortgagee. Any dr(ault under this <br />paragraph shalt be deemed a default in the payment of insuran+-e premiums. If the palic'c nr policies deposited are such as tn+me~ <br />owners nr all risk policies, and the dzpnsii arc-- iruuffreirnt to pay the entire premium, the Mortgagee may apply the deposit to <br />PaY Premiums an risks required to ?+e lnsu rid by this mnrfga_•e <br />Pa} menus .:ale be ch.- M.=ri .:rid=~r .. • sin,. ,xa ragrnph> n:ai at flit .,ptlnn of th,• >LmtgaKr, Ix held he nand <br />' <br />for flit flayment of such itetns, anti until G applied. such payment;: are hereby <br />c•arlmils,,•ied with other such funds or in own funaL <br />pledged as security fc*r She unpaid balanrr of Ihr mnrt~sFe tndebtednesc. <br />Fo prP.~-ire, de?iver tn, and ma:ntatn fur *-hY t>rni•fit .•f the '-4i.rrCgagc~- durinF the life nt ihts mortgage original policies and <br />renewal themo,`, deliver i at iea.t t<>:-I da}. tirfnn• tis<• eip+railun ui an} we:^, r+olirir- insuring a€ainct fire and other tnsurahle <br />hsralxiw, rasua}tiea, and €>nrltitt.genrit~-, as the !lSartgagrr ma}' requires, in an amount tquai to the indebtedness secured by thin <br />2A1or2gagr, and to oompanie-. acxrptabir t.> the Mort onto<~. w nh low pap ahlr clsusr :n fa+-or of and in form aceeptable to the Mortga- <br />_ Is s>>_e ~3 :, ~;.~~~ _ - ...i _ .l_a.~, „i rau~_~. ihr_ 41ortPaFee maa~ t,rncurc. 3 ~ural>re un the <br />_ <br />r <br />; <br />` <br />ty-:•~n ~ issmrrilatrlr dui• anti pa}'ahle with interest at the rate sri <br />h .un hal <br />pay ihY premium thrrrt.+r <br />ant+ I <br />imPr'oi'~ents~. <br />ftxth in said riots uniii }wid and .hail :. w~u nri h. ihi~ m;`rtgagr Fxilum un the part of the Morfgagor to furnish wch renewals <br />as are hYrein tequin~d or iallun• to iul} ari >;;tn.:+,h anted h.`r.•un:!.•r ct:all, vt th.- .>pUon o{ the ~1o-gage<•, c,,nstitute a dY(auit <br />under ti>r terms of this mnrigagr Th.~ aein e:. ~.*f w:h ;w~hr~r. >hall. in the .~. rr.t rd d.•fault, comtitu'e an aassgnmrnt of the un~ <br />ra,^ted pr-ral>:rn. <br />Any Slln15 IetYlaYd hY the \iairt£3~P'[' b~ reaitin n{ loss .~: damage inSUR\'1 a(;alnSl may t~ t'Pta3nPd tl} rile ~Vi()rtgagEe <br />a>xi aPp?wed Inward the pay mezil €S the deF+t hrrrLi}~ :ecumd, c. r, at Ifle option of ihr Mortgagee, surh sum. either wholly ur in <br />part rna}~ 6e paid c+rzr to Yhr ti4x+rt r;agor to Irz u.e~d *-o repair surh 3iui3dings or to Fuitd-now- bu:3dings in ihrir pfarr or for ane <br />oilier pnirPase or oi*fecr sattcfartory to the M.+rtt;agre without a.: rung the lien :+n tlt~• mortgage far the full amount srcu rev here- <br />by isrfote surh f.a}'meat e+rr tarok Piare <br />To Pr'nmPt3y repair. rrsta~re „r rYbusid an} huiidings :~r improvements now ,.r .`.<=reaiter on the Premis~s which may he- <br />aome dmnage; u drstmyYd: to i:rrp said nrrmises to gx>d cr.nditian and repair and fm- fr.<m a^}~ mYa-hen:c': lien ur oilier lien nr <br />maim of lien nrN express)}' su#ianiinated to fhr :ion hrrrv~-r. not xa wAer ur permit any unlawful use .>{ +ir and: nulsarice to exist nn <br />nail pmperTv nee u+ permit irastr r+~ sell premise:. nor t<. do any other art wherehy ttir priipert}' tsrrrb}~ ~~m~r,Yd shall bYrnnle <br />ieax vaiuahlY, trot to dilxlinisds or impair its talus by any art or . m~von tin act tcl <-amply with alt r.yuiremrnts :+f taw with restart <br />to fhr am~asrti pre-miles and the use thrrx-ot. <br />TIla2 sh;,lnid :lie premises 4r 3n\ part Itirrrt.f tie ia~en .iT damaged hy' rYa~r•n iTf aPy .iu t'i:i impl'E*+emeni Gr €t+3Kien'Inaiiiui <br />p1R'Hr~ll3g- :t Un~r thY r, .+. <. . r. ., w^iea^ :..She) ma':r'!.•r tar ti. ~rl ~-.i ~`.-.` ~h,i.l '+ :.::f,e.'.ti. i. .ilk c..ni(„~n.a t: nnc. <br />+ <br />• <br />t4• eR UUed. 92 ILa upllnn, Ire R/.:3-T.YT3(';, appe•.s' :n and pK15~"ULY In II$ <br />sh811 <br />a~varrtS, atfd aT.Y LIltttY paymrai air mllef sia•rrfor. and <br />fl1L`a 1» aaY' ei`t}at'I Or pr.lceedlitg, air I<e make en}' ttim~'11tP13Se nI 5etllement In MnnrCLtilii w']ti'. 5s]C}i Ian1Rg ut damage- Atl auC}t <br />cnnxPY.macion. 3w'atdS, damages, right Pf 8rtli~n and p.RKlYdS 8rP iserehy a_FCigned tr. Llte 7vl orlgagee. w'hT tees}'. Hfter dedurtrsrg <br />tLere4rom alt its ezpens~, rrlraae any intuit>•> su rxriv~+d h} it ur app)}- the same tut any ux}etxerlr>zs:s secured heref:y. Thr Nori- <br />ts34err fitCraes to ezeclste )silt)) Surtlter triesignments c*f any z'tixnprn.anc.n. awsriis, darnara. anti n.istc ~ artian a ~ pruoeexts as olio <br />~-r'tGStRer ~y ix'¢nilr. <br />Twat is use t.# fail ore to perfarra any .a,f t31Y ivvrrw:ztn 3serc]r,, th.- 4lungager ..a} .in .=r, tt:r ;i.,rt*ata.r> t.rhalf ev'rry thinK <br />t+a ewezsalsted; tisai the Mc+rtgagpe may also dc> env act :t ma}' deem n.-€~.~sar}- t., protect :tu• iicn ttu•re++l. that !hi- ?a3ortgaga-- will <br />rePax upin dr:asaed lay leans}T~ paid nr distwrserl t+y th:~ SiortgagrY fl.r any ed She a!snie put},tors and such m•+nrn~s together with <br />iatetest 'thereon s! the tale prxrvitled is said atA.e .Isail tx-c;•me .:~ mush ad:t:tiunal ;m:rhir>'ilscy~. h;e>s6. x•rurrd and may hr in~ <br />tills tautXgaFr 8nd t'aP Paid tint of LbR rents Ur prciereds <+~ :sle hf SBid premises if nerd OLS:YIWliP <br />a <br />at <br />n <br />g <br />eluded Sri ami° deetree ftarar3 <br />_• <br />,, <br />~ <br />; <br />s <br />Palo; t}stt it aha11 S}C4L br >+++*t~,~•aTy uj%trl the Sk1nT'L~PP ta'1 1t1gU ]rl iT,„^ tier i'alidlty Di anti 11rR. YAfl2mbrances. nr C181m in ad- <br />y ~ <br />~ i <br />vaaeilrg matt}>s es above aut.ti<+ri: r3, t+ui nothlrlg irel~Sn Cnntainrd eviall he rt~.r>S1rU:-d ac rcqurnag Y_>te MuHKBgrY Su eda'sntr Hn4 '"~' <br />+~s~R fez nay lalitb Purix.,srr nx to do any act tec•r under, and chat Mortrager shall rx+t iM'ilr env ix>rsuclai liability hYCastu of any- <br />thieg ft anry tin sr stroll m do iwteuncier <br />Ia ~ csRYfi of the default tr} Mortgagor in liar twymrnf of an> lnxtallmem, as rexyulreci b} the Nutr securer) hereby. or <br />is flit pct#nrxaantz a{ YEae ahlcaataosz ul this morxgaAr ur ra the note sccuml thereby, the .ltrrtgagee s'tla:i br rntit-ad W declare the '_ <br />i~ aeCGrW.i 4aeteM~ dlle aril pstytstde v~ithoul nulux•. and the Martgat;rz shall !se entitled at its npti:,n, wit}n:ul uurlcr-. either by itself <br />nr by a itcel>r-rr io tie apT.:.intesi by ttse rr.:rt the r...+f. anti without regard w the eclogues}- of an}' security fur the lndr'tltedn<>s~s sr- <br />eumt W .refer upau arw iakr pti= --~•~ to the „:;sty-aged pr~aaires, ain3 ?.:, .: ;ln'.i and receive the .:soil, issues anti isreftts <br />. and apydy the saint. )lets its of tati,am sad tvfl2+riicn. uputs the indebiedrless sera ret3 lsy this rruiHgage; said rents, <br />issues an:t profits 6eiag i- ztr. nv- aa+igret's t.i ifs 1<,, rtgag+w a Tu=I?:er -:~^ur.:•. !..r th.- ;.a=r: ^,. f a?t .n~l,~h•~dr~„ ~r-. .e r,ai i.~rrh4 <br />Tie Itdaslgatpne sisal) have ihr pttaax t„a apPatul any agent or a8r..r: it am) desire fist the pu rptx•Y of rrpasring said pmm- <br />iaea; teaAtaE ihr att~e; r fire minis. Irveatsea sad inreuar. and it iaay pap nut of said iasome al! YxFtrnaes incurred m rent- <br />~ sad snmaClag fire >yme acd d txlflircetlag 'fhr rentals therefrom- The tsalance remainln6. it any. shalt be aFPiied toward the <br />of the >a ~. 'This nasignmept is ui terminate and hrcame nu.: and velid upon rriraaY of this rlxirtgage. <br />.,.... <br /> <br />