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THE MORTGAGOR FURTHER COVENANTS AND AGREES:~~ y
<br />That the Mortgagor will pay the indebtedness as hereinMCore tTe~~ ~'$'~ ..,
<br />Tha# the. Mortgagor is the owner of said property in tee simple and has good right and lawful authority ?o sell and
<br />Convey the same and 4ha#-the same 4s Free and clear of any lien or encumbiance; and-that Mortgagor will warrant and deFend the
<br />title to said premises against ~fhe dafms of all persons whtxttsnever.
<br />Ta pay immediately wheh due-and, payaSle all geaeral fazes, special taxes, special as+esstnents, water chazg~, sewer serv-
<br />ice charges, and ocher fazes and_chatgea against said property, and all Lazes levied on the debt secured hereby, and to furnish the
<br />sw= Mortgagee. ttpOrl'reGiie$L, )rith i1K original or duplicate receipLv iherefar. -The Mortgagor agrees that there shall M added to
<br />ao eadt monthly paymtnf ri q:tired hereunder or under the evidetxc of debt secured hPrehy an amaunt estineaterl hs~ the Mortgagee
<br />t~~l,L to Se su@~irient.to enable the 'i4ort,gagee to pav, as the) become due, all taxes. assessments, and similar charges upon the prem~
<br />irpp ices suSject therein; _any t3eticienCy because of the insufficiency o£ Such additional pa}-mer.Ls shall be forthwith deposited Sy the
<br />~ Mortgagor wiY23 -the.-Aiur:#gag'ea txpnn demand 6y the ~torigagee- Any default under this paragraph shalt be dermed a default in
<br />payme sk ,-:i taxes, assessrrxeitt_s, ar similar eharges rrgvina~ hrr~unr}er. - - -
<br />The \Snrtgagar agrees that there shalt also be added to each monthly payment nt principal and interest required herc-
<br />under as atn<wnf estimated Sy the hiarigagee to M sufficient t<. enabe the Mortgagee to pay, as it betttmes dt~e. the insurance
<br />~ pmmissm .xi an>' irtsurarnY palicv~ delivered to the \{orig'aga^e, :1ny deficic•tx>~ because of the insufficiency of ouch additional pay
<br />~. nients shalF t+e fnrthw•iih depmited by the \to:2gagnr with the Morigagcr up<+n demand by the ~Sarkgagee .4ny default under th+c
<br />~psragraph shat: i,e deemed a default in the pa}•ment of insurance premissmc. If the lx.iirc or poll. ire dap:,.iu•d are such a< fn,me
<br />ox•netra or a31 ri~}t pclfr~es, arnl the drposiLc are insufficient to pa± ihr entin• ;,rrmium, the \fortgay;c•~• mad apply the delxt.-rt to
<br />pay prrmitirns an r;,sk~ zec}uired to M insu rxl by this mortgage.
<br />Pa}mienLs [Wade Sy the Lturigagor under the aMve paragraphs may, at the option a£ the Mortgagee, Se held Sy it and
<br />Commingled x-ith c+[Ser such funds or its owr. fitndc tar the payment of such it<+ms, and until en applied, such payments are herehr
<br />pledged as security for the unpaid balance c>f th<• mart~age indebtedness
<br />To ptxrurr, deliver t<:. and maintain for the Senefi3 of the \Sartp-agee during the life of this mortgage :,riginal policies and
<br />rersrwals itietauf, deli+rrx*d at }east ten days hefozr the expiration of any such lx,licies, insuring against fire and other insurable
<br />hazat'ds. tasitatties, and cantiagti'rkia'i as the Mortgagee ttiay trgtiite, in an artwvn# equal W the itidehtedrteas secatred Sy flits
<br />Mortgage. and in remparirs ait~-pLabir !o th:• \f<utgac.-r. s.itii l,,.s pa)~ah}e claua~ in favor of and fir. form aeceptat+le to the ',11or[ga-
<br />ger- fa the earn[ an} }><~hcy is naz r~nrwed ::n :+r (><•forr tor. days of ct< expiration, ihr 'sl<,ztgagx ma} ;r:cx•urr tnsuranrr on the
<br />I3a}lr9PPiLCnl4. pap II!e F,rYrSil Uitl - --: - anl. . -n [LSn n3ii lh~?mP Immh2dlarel\• dtlr and payahiP wlt}i 1n1erP>t ai t}te rate ~t't
<br />faith in said note until }wed anti ;hall !rt• sxunvt by the: mrrtgag+' Failure on the part aF the Mortgagor la furnish such renewals
<br />as am !accts rigtu nw ur failure i+. pay any cons.: adaan ~~~ hrrowndrr shall. at the option of the Mortgagee. i'onstitutr a default
<br />urxder i1.e trrisa »f Uts ;n rigagr. 7'}>r dehvrr~ at su.-h uo. it•ie: shall, :n the rv,=nt of iefault, rnt>_crtiutC an assignmwr.t of the un~
<br />rartx+d pt :mium-
<br />wy~ soma rrtrtved Sy tlx• \.*•.>rlgagc•e by real<,n of 3nss or damage insured against may M n~tatned Sy the Mortgagee
<br />aixd applitti tcwnrti the }w.taeni <,f the debt SerrSy secured, or, at the option of the Mortgagee, such sums either wholly ur in
<br />Bart irssy be pasd rnrr t, t_he >Sarrt-agar fir, br used to repair such buildings ar to build~nea~ buildings in their place nr for nny
<br />Sher pur}vaae or aSjert satisfarton to the 4is,rtgagee without affecting the lieu nn the mortgage for the Fuit smounx sr«trc 1 here-
<br />to heher+r wE-h payment eves tank Place
<br />Ta pnmpdy reparr, reslvre or retnrild any tuildings •~r impmarmenrs now ur hereafaer nut the premises which may Se-
<br />tia~ demagod ix drstrc,yed; is -eep said prrmi_ces in goxi .~onditiun and repair and free imm any mt hank's Lrn nr other Tien or
<br />Claim od kits trot expmsst)• suberxtiriaied ti, the lien hervnt- not to softer „r permit an} unlawful use +,t nr any nvisarme to exist an
<br />said pnrperry nw Ln pr-rmxt x~asiz nn .aid ptvmi7es, nor ;u do an)~ other a.•t xhrrrby ti:r pm{>erh herrS) nan.vy r:l shall }xcortrr
<br />le~;,.a}rraiti+e•, xnr W 2timinisS ar impair fLS t~aiur by any act nr omission t<+ art. to .^om; t} with all raqutrementc „t taw with tea}xct
<br />to ##ir mortgaged premises and the use tMm^+f.
<br />That stxiu}d th.- premtaes. or any F-arz ihr,r:+.r hr taken :+r damared i,~ reac+,n of an. lwb;:<• ~rrtpmarmrnt ur cundrmnatian
<br />}senoeading. m under th- right ..f rminerr d.xx;ain :.r :n any tither manner, ihr \tc,rtgagrr shall kw- enitled to alt :vmpr csatiunc,
<br />as-arda, sod any <uuher paymznt ~ -relief z..rryfcr. anti s3tali tr 2n3iiled, ai :_. ,pt,.•-i. z., ~~~.nu:-„~na±-- ~n and pn~-tttr in cis
<br />anti Warne ass steins a+r pnreeding, -er to make any tompt~atse nr settlement to c.Lnnrcttors wuh such ~ King ur damage- A}l such
<br />c~,peatsati:.ai, aysrds, tiaznagx, ;fight .>; ar:n:n and pn-xeda are heresy assigned to the ~fortbagee, wF:o relay. after deduCtirtt<
<br />thex>edroa .alt its expenses, zx-lease a_~y m,Y,<•ys ac. rrce ved be it ur app!<• the same- or, any irairl,tr<lrtes.~ srrurrd hr-teb)•. Th:' Atnrt~
<br />~tRe+ ftfzeea M tnttruu wch further assignments t>i any compensation ax:rd•, damages, and riXhis of acra,n acrd protrn~a as the
<br />may- tt+grtixg.
<br />1'hu in rrae t>t failure to perform any of the ~w roasts hrrejn. the ?~ort;agoe ;na) do ua xhe ltortgagc;z's behalf ra rrything
<br />to ewananttti-. that ihr Ma=rtgagrr may aiaz, 13.i any act iz tna}- deem ra+,r-scary t., pral<•a-i t.Sr lien r}w rrof, that the Alortgtigor will
<br />repay u}tcai drtnarrd an)~ morirys iWid .,r :i;atn,tuci ts} zhe ?il.+rtgag<-e fr+r any <.i the aix++ae purl Wis. and :wch moneys to}tether wdth .~i.-~
<br />ia¢eraq tiurexen at the rate ;+ttxadtvi :r, sasu ru,V~ >hatl ta-catrti- >., rtiv. h addi;,.i+a2 :ndeStn:n~v hereS> ;ecurav3 and may Min- ~`
<br />tided in ley drrrxt• Sorreioaing this mortgage amt Sr lvid .tut ni t?,e mnu nr prvreeds of sale of laid premises +f nut athero ice """'
<br />paid: that it shr13 nt4 hr zdltitatory upon the Afnrtgagee io irtquim into the a-aiidity of any lsen encumhrartCes. or claim in ad- y~
<br />t~ctisg zarra£teps as teben•e sutttnritssd- }u:! nnttrireg hr-rein cnntamed sha}1 Se ecurstrurd as requirins eke Mortgagt~r f+• axtvanre any
<br />mttaeya fns say attCh purgx,ar our 20 do ane• aR iretrunder: and 2Sat Mu•rtgage•e shad net tncvr any prt•sunal liaSulicy heriitu- of sny_
<br />tf~eg it maX tits car <as+it tc d+~ hereunder
<br />Ia the r+:eat d #ke dtrttutlt !ry 1t-.,rrtbagur as the paynrent of any :nuallmrat, as rc.~urr i by t#,c l+:atr secured hereby. or ~•
<br />~ +t~e ~r s+f ffie u6it set floc i~'tLaCr i.,r in i3,e taste s~txiited #hrreb>, [tie Alorigagre shall be rriitled trs dc~}are the
<br />debt tietitrbd hereby diir and papatair wetliiwt twtitr, and the :Hurtgagee shall be entitled at its ap#inn, w•it}wut notitt~, richer !•+y itself
<br />ru lq a retriver to br sppurated Sy ihr atxrrt Y3ir~f, raid wit}vwui regard to ihr adegitacy of an±• security tar the irxdelatednrss sr-
<br />taarsd ,htteby_ to eater aptta sad tape p<tsscacinn of the mortgaged prcraises, end #n e+allrc! scut rese•ive ihr rents, issues tiled pt•akta
<br />tlezee[, se~;pQly the aam~ ~ watts of tperatinn and trAlectinr.. open lire itsrtrb~,•ieas escur+ed S}• this mortgage, said rents,
<br />isntea sad pra6Se baine hereby easif:ieti io LSr Mxirt=at.•r a, further securih• for the pavmt~nt tit ail inde6irdnrss ervred hereby
<br />The 1~ stall heee iha pier tc. ~+ ;roi_nt any rgerst ¢r agetiL4 it rr33' e3es,rr ?ar the :=u: pc,,as~ of rrpa:riQg said pmm-
<br />ists: renLsrK the same; rz'il}ecrjag the rettla r~eirtxurea aid income, and it snap PaX cwt of xatd inrortxe a}l rxpensrs inivrret! to mnt-
<br />~ end s2rlarir~ !~ t~ _~ ~ ,~f~; ~ :tom *~~ t.4erefz~. TtR se~f.staS, fi=r a-.y. ati41! !ne applied :award ihr
<br />of tea ' Tbia aaaignarni g tti termitvrV sad Mct,me nut€ grid vr+id upan reteiiae of this mortttagr.
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