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<br />THE MORTGAGOR FfJRTI3E :OVENAN;S AND AGREES:
<br />That the Mortgagor will pay the indeMedness as hereirbefore pttrvidg~.9, ~~~*~+~ ;t'c
<br />That't]te'-Mortgagor is-the owner of said-pmirerty in fee simple and hag good right and lawful autfiorih~ to sell and
<br />rnnvey ilia sarise ~attrl #ha4 flea same is free-and alone of any lien ar entumbranrn: and that Mortgagor will warrant and defend the
<br />title to said premises agaitnet the claims of all lrersans whnmsoet^e r.
<br />To pay immediatelp tprjtea due:aad payable ali general taxes, special taxes, s{xciai a~r.~cment-., water charges, sewer serr-
<br />ice charges; amt other taxes-aud-thsrges against said -property, and all taxes levied an the deht secure<t herehy, and to furnish the
<br />t~'c Mortgagee, upon. request, -µith tlx-original or dulrlicate receipts therefor, The hiartgagor a€rres that there shalt be added to
<br />per' ~4 mos±§ly ;~_vrornf tetluitrd hereunder or under the eeidence a( debt secured hereby an amount estimatrtl by the Mortgagor
<br />t$YS #o be suffioent to enaLte the Mortgagee to pay, as #hey become due. all taxes, assessments, and ~imitar char€es upon the prem-
<br />lees subject thereto; any deficferxy. hecattse of the in-utficicmy.of sµch additinttal payments shall be forthwith deposited by the
<br />Mortgagor atdh-iiee~ Mortgagee ulrue demand M~ the \fartgagee. Any default under this Paragraph shall M deemed a deiaull in
<br />payment of fazes. asa~suneni ar -similar rhar¢es required hereunder.
<br />The Stortgagar agrees that there shall alu. 6e added is each manthlc Payment of principal and interest requircrt here
<br />t ander an amarrnt estirna[ xt by the llortgagrr io br sutCrcient to enable the Mortga€ee to pa>'. as it hrmmes due, ilia inwrancr
<br />,pn~niam m am irssurarxv^ lxilrev drlive~rrd to the ,'ltnrt€a,r~• Any drficirnca~ hecausr of the tnsufliciency =~f such additional pay-
<br />~ irteais shall a: farihwtih dep.srtrd by the \jartgagar with the ~Sorigager ulwn demand by the Mortgagee. Any clefaull under this
<br />paragraph sbail ire dretned a defaull in the payment n# insu ranee premiums. If the policy ar policies depnsite'tl are such as hume~
<br />ownerv or alt risk ptsiicirs. arn? the deposits are insufficient to pay the enure premium, the Mortgagee may apply the deposit to
<br />lgy ptrmiums art rrsl.s r~rquiretf to he irtw ml by this mortgsge.
<br />Payments oracle h>' fire Mortgagor under the ah?ve paragraphs may'- aC the option of the ?tfartfiagee, tr held by it and
<br />:~mmtngled w-tth other wrh funds oar its own fumes t,x the payment of such items, and until sa applied. such payments are hereby
<br />pledged as sn-unty for ihr unlsaid era=gnat :af the r.:.,;t€age indeb#ednesc
<br />To pmrare, deliver t ~, and maintain for the henrnt of ilia r_aior[gagee during the life of flits mortgage original policies and
<br />____-_ _ _ _• aaj,tPa~d a lca4t ten siayc_ lrfore the rxparatnon cd any such parterre, insuring a€amst are and other irtsurehie
<br />traaatdtt- tssrssliiea, acrd rantittg+ricirs as Late Mortgagee cony require, in an amount equal to the indebtediteaa secured by thin
<br />Mcartgagr, and m e>frmpanies a~vrptablr to the Mortgags'ti. with lots payable clause in fear=r of and in form ameptable to the \Sartga-
<br />2s'e. Ia ihr stmt any pailicy is nai renewed =m or ireef.,m ten days of its ezpiratran, the !alurtgagee may procure msuran:e an the
<br />tttspro waenta, petty the Premium thereiat. and such sum shall her.*mr immavtiately due and payable with interest at the rate set
<br />itxth in said rmtr until Patd and shall kx- srcu rid hl tht< morxeagr Fadure an the part of the Mortgagor to furnish such rernw~als
<br />as arc hate n r€quircd or foliose is pay any aumc attvam~i hereunder shall, at the option of the tiartgagee, cunsiitute a default
<br />under the trra>_s of this rnartga€e, The <ieiivery at su_fi i*=±icies ~kali, to the event of default, mnslt#ute an asstgnmrnt of the un-
<br />M3rrrd pxemiura-
<br />Anv surru. rmei+rd by the S«jortgaty-r #+i rra+.~~r- of loss ++r damage insured against may he retained 6y~ the \lurtgagee
<br />ud appfied tw.ard the payment ad the ak ha hrrr`ua~ srur.'d, or. at the aptinn of the ~iorigagee, such sums either wholly or in
<br />part rear 2.e paid mrr m ihr hiarigagar tc, br used k repair such huildings or to build"new buildings in their place ar far an>'
<br />other purr~• ar ohjart sausfaMOry to the '.tS a=rtgagre withr»ut 3tTecvng the lien .,n the mortgage far the fu21 amount secured here-
<br />by_ be+~ave stoic psymrnr ra•er taxi: Plazti
<br />To promptly repair, restore air ml.trrld any- huildings a,r impm.ements now ~ r hereafter an the premises which may tte-
<br />eaear ditmagtd yx dtsteoytd; to keep said premtsrs m goad erudition and rttwir and free from any mechanic's ben ar tether lien or
<br />elaiar of lien aM rsprestly svr6ordSrrated fo ilia ben herxd. not to suffer or permit any uniaw~ful use o! ar an)' nuisatue to exist on
<br />lead peoprtt?•' erne to peratit wastj; on sand premises.. rror to do any other act whereby the pmPrrty hereby tvnweyrd shell beaaome
<br />foss valrrehie, leer is drminiah ar smpau its .aloe by any act or <vm.tnn fa art. to mmpl: with all requirements of law with respect
<br />W the mortgageef promises sod S.he use thereof.
<br />TSau sirautld tlx premrac-s or ant parr there=of kr talon or darnag.d by rea.un of ana puhlir impr.,aement or rondemnstiur,
<br />prt+eeedirtg. roe uzuiei ihr right of rmirtent dranain, ar an any other manner, tlx \fongacrr ?hall iv entitled !n all compensattans.
<br />awards, acrd any other paytaeat a=r rrlieI ttr rrt uc. and shall be rnutlyd. at its .ipt;+~n. w, .,=mnrrnce aptwar in and prosecute +n etc
<br />testa aag+r nay. actwn csr ptatt+tditrg. ur to make any cxvmpramrsr rr settle rr_ent in rx+nnextian wit1; such taking ar damage. All such
<br />~, awards, tlama3ex- rigb# rd anus sod proceeds are ftereby assigraad to the R3a rtg+'.6=~, w-Sto R+sv. ~.zs d~,'t:~~ir~
<br />t7l»irtmm all its +'aptrtiex. rr3ease any' moneys x rener~ed by i'_ ar apply the same un an>' irtdettedness secured hereby The Mott-
<br />ii~ aCsew to eaenrtr surly farcirer tesaignmeerts of any x+crrtttrnsatwn, awards. datturges. arn3 rititt of aerie:n and nrticeeris a: the
<br />Irtertgae~ee real regteire-
<br />That io roar of failarre #n prrfarnt ani• ad ihr euaenantr hrrru:. ihr yi:,rtb3k~' ma} do a.n the MoNgayrsr-s behalf rarn~thing
<br />sa oovrtra>~ed. that ihr Id.xtptgee may alga des any act it ma> deem traiFassar} to pm>ect the Lien ihereoi; that tltr Mortgagor will
<br />repay tapois desmaed irts_v mcareys paid ar disbursed by the \lurtgagrr far an}~ nt the at,aNr latrpaaes, end such moneys trtgetlier with ,r.,r.
<br />tlr~e~a at the tart pnn=mid in said tn8e shall lx,rontr s., mu.R adduranal vrdebtsviaex+ hereRq srcurrti and may Ar in-
<br />d ~ aey detsee lororiesiaC t.}ijs marrtgair ar+d Ste pod toot of the ta*rrtz ar procrrtfs d sale of said premises if clot ai}trr!zise `~
<br />paid' ~thai it rdtaq trot be ofsbgatory up.~t the Mt+rtlragtr to irtquirr intr flee validity ai any lien. rncumk+ranrr~, r.r ~~laim in ad- ~
<br />ranrittg mmrrys as abr+.~r ar+ah:+riraw, b::t xzc:t#:tog herein caa~i3:nrd xsail i+c- r<=nsuu.-d a r:yu,nng tf:"-#+.n€aga-r a:. ad+a:sr ans 1r
<br />asnise9s joy »5 ia+elt puri*+sr rov itt tip any art hereunder, and tbat Mnrtgatwe shall net incur any Pr rs,xsal liability hrcause r+! any-
<br />15iaL it a/Y des erR aeon. to de ltetttasredet.
<br />_~ tie earsta d dse ddaalt lw AimrBags"r d ihr payratent of any rttstalttnent. as requirtxf by the Note secured hereby. or
<br />lie ehr 1r .ai rte ~' is i'~e >-lair nr x the note net+trtd. ihertiby, t#ve Mort+!<aRer shalt jre wntitled to dec3arr it+e
<br />d It secar,ed Arreln~ due anz! pa-ral3r R•it}w4r< na4ivr, amt t3sr Mnrt€,agee shall be eatiflrri st its option, without notncr. either by itadl
<br />sr by a rtsrtvti to #ae a;~¢5€~3 t+3' ;}ye ~-as,= ihex~,f. ~ vyathc~ut rPgaru' av xhe a+eq~eg :~i ary .+ru a f. ~r fns :a.lrt:tr+in.~-~ .v
<br />taeeatd.~j_ s:+,aafrr ypna noel take pasaes+r~ u{ the mortgaged premises. and to collect and r.-:•ei4ertha- rents, issues apd po=ols
<br />k~e>mi, sad aFpij; the aaaesz,.lesa sxxis of aq>.rration and crsllectintr upon the indrbtrs~ ac+'µttd by tires mortgage; said reau,
<br />bale; hrrt~y to ilia h{artga;eee as further senrri#y far the payment of all truiebted noes securct# fiereby.
<br />- - 'T'fse A~'setfit/eo tihaN iaatre the ptrirer to Appwn! any agent or agents it rosy close rr for Wur purpace of repairing said prem-
<br />isea: emtiriL the tonne; king fire reteta, rtt.tnuea attd irtnrrar, arul it may pay cwt of said ierenmr alt ezprnses irrntrrtd in rrnt-
<br />hK sad tipaneeglag the ireisee sad d ivdletcting the irntak tberefram The Stalance remaining, if any, shall br applied toward the
<br />darlttaeie d ilia swr#ta ,fit, ~~ Tf*ic a~irrment is #o terraittate acrd Mr+une null and void upon release of this mvrtgal;e.
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