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<br />THE MORTGAGOR FIIRTHER ~OVENANTSAND AGREES: <br />That the Mortgagor will pay the indebtedness xs hereintrefore penvide , M1 <br />That the Mortgagor is the nwner cf said propeety in fee simple and has good right and lawful authority to sell and <br />convey the wipe alto that the same is free and elesr of any lien nr encumbrance; and fhat Mortgagor will warrant and def. red the <br />title to said premises against the claims oC alt perwms whomsoever. <br />To pay immediately when due and payable all general faxes, special taxes, special esa•ssment_.-. u'atrr charges, sewer serv~ <br />ice charges, and other taxes and charges against said pmpet-ty, and all taxes levied on the debt sera red ha+rrfiy, and to furnish the <br />Mortgagee, upon request, with the original or duplicate receipts therefor. The Afortgagor agree. that there ,hall ha- added to <br />each monthly payment required hereunder or under the evidence ui debt secured hereby an an,,:unt estimata•ti by the Afnrtgager <br />~,) to be sufftcient to enable fhe Mortgagee to pay, as thep• betrnte due, at! lases, sssec;mants. an:! s.mifar cha egos ui>an the pmm- <br />;ses subject thereto; any deficiency fx:rausr ,•i th2 in=uiti. i<~ncy- .•f :oats adSrtienai payment-; .t;at! 1: ~:thwtth depcsitr~d by tf,r <br />,~.~ Mav-tgagnr tc;h the-Mortgagee upon demand by~ the \inrt'a ee. Any default under this a <br />R F g paragraph shall hr deemed a default in <br />y~ payment of taxes, asses-cmenfs, nr imilar .-barges rr'quirw? herrund.•r <br />!.~rzt Toe \{ortgagar sgtrer ihxt there shall l.o he added is earl: n:urthly i>aymeat of prim~ipal and interest required here- <br />>.ar ututer an sm wnt rctimairai 6y the Mortgagee to l+e sufficient to enable the Mortgagre to pay, as it herntnes due, the insu ranee <br />i premtum .n any insu ranee policy da~lia~ered to the \1t.rtgagee.:~ny drfictrncy because .>f the insufficiency of such additions! lug~- <br />~! mentc shall tx Forthwith ckpxxcrted by the 1{nagagor w-rth the 'alortgnga>e• upon demand M' the 'tlntigager- Any default under this <br />.paragraph shall be deemed s drfauik in the payment of insurance premtuntc. If the poll: ~~ nr policies de}wsitt>d are such a> to+mr <br />nw-nets a all risk pa>licies.. and the depaut an insufficient to pay the entim premium, the 'tfnrtgagee ntay~ apply the deposit to <br />pay premiums on ris}:s requtred to he insu nr? by' Lhis mnrt£a£e <br />Paprnent_c made by tha \i: ra£agor u_. - ?hr ai,.,+,~ ;:-a racraph. m .., th.+ :+pn..m <,i ti,e ytorrtra+•.•. !,- h.dd h+ ,. ...,~ <br />.YUn,:ningled with direr such funds or its ownTlurxls 1 ~r the p-aymvnt „t su. n+items. and tmiit co applied. inch pa.`ments an• harsh. <br />pledged as srcurih' fcr the ssn;>aid balance of the mortgage indebtedness <br />To pica ore, deliver tn. and maintain for the trartii of the '.Mortgagee during the It(e of rhos mortgage :vig lost irni:a-ies and <br />renewals thereof, dehvrrei at lea<t ten days lxFaty the rxptratia,n ,*f any such policies, insuring against it rt• and other truurshlr <br />hazards, txsttaItiea, acrd roniiagencies as the Mortgagee away require, in an amount equal to the indrbtedres_a secured by this <br />M'.urzorsez a iii cxzmpame~ ,~ ita.L-+1t to ttu. ~.v-___ _. -,ih 1,,,_ _ -s_!>!,. ,-7n -_ -n t,.- - -'f s.;ti :n r:,,,.. R. cur ... tl:~ '=f::- - <br />gee. In t.lte event any { >licy rs not xnr wwi „n nr tvt err t. n rta+^ .,tart-; a pirstrnn, the -'tinrtga£re may 1rn+cure tncurance unithr <br />impnw'emrnts, pay fhe pxmtutn therrtor, and rush .ant =half lxr:eme imm.>dratel. due and paysbir with intett^st at the rate set <br />fa.-th in said r-ote t:nti3 paid and shat! kw> >e.c-u reel h+ this mortgage. Fadure nn the p9rt of fhe !tlnrtgagr,r m Furnish ,uch rrnrwah <br />as are herein iequiree? .,r fadure to pay soy runts advarnt^d hereunder shah, at the option of the ~inrtgagee, runstrtute a do-tauli <br />ands; the terczt td this mortgage Thr drlivrn of >urh l>„lcric-s shall- rn the event of default, arorL ntnte an assignment of the un~ <br />earned premium. <br />Anc sums resets-rd by ilia Mnrtga;x by reason of lac: or damage tn,ured agaitut may tr :efatrted by the Mortgagee <br />aced applirrf toward the payment rr< the debt hereby sri aced, nr, at the ,:punn ut ihr \{nrtgagt-e, surfs surtts ettiter wholly ur in <br />part .nay' be paid m~rr ;:+ the .x{ortgager u. it used in rrpatr wilt buxldin€s or to butlat new 1wilthngs in their place or for any <br />at:her purpaar nr nbia•a-t satasfarten~ to tn: !+l a:rigagee with„u^, atirctinc ihr I,rn .,n the menage for tha+ full amt:ur:, >rru rest here <br />lay hzf.:m .:sr?; pa:-rrarn: Tarr i,wk play. <br />Te pivrmptly repair. restore ...r rrtsuilri ans buifdi ngs nr ompro+rmenc n +. rn-alt,-r .,n the prrmt.r> uhich may- 1r~ <br />c.>iae aatasged or destroyed: to lire-p .ai.~ pea sett-.a-: rr. };-a j tc,nditior. and relate and fra-r ins: any mrctwnir•s 1,.-n t+r xher hm ni <br />.:latm red list ra+t ezpre ply wfr>rdinate.i to the ?ire hr::-,ii n.+t to suffer nr F..•rm,t any unta..fu1 use „f of an+~ raisancr to exist on <br />said ptcr¢nerty nc+r to permit wa_ctr ,.n as trl premier. nor t., do any .+t bar a.-2 uhrrrl+,; th+- prr~}h-rsti hrrrby~ .-n. +~r y-rd sha13 !reams <br />Ieac aaluatde, nor to diminr~t rr itnpa:r :i~ +-alur ha any art <:r ,amisst<,n tr, sat t=:, ;~:rm,•i^. M,.., al, r e cements .J taw with respect <br />to tiu> rew.rfgagt^d premises sled the use therrnf <br />Tttat shauid tn. pr<~m.,,..:..r .+•:, ,.. -.-.... •.:al..:; r :an:ate. d - -. ., _. <.. , .,.•n <br />gt<vradane, or under rrs.• nght .d rmrnrnt am..,r its any- t•~trr manner ha i!',rtF s .t;a1i r,,,..ru t„-all .t>mpenatinna, <br />awards, amtl any athrr pas m-nt :r n--l,r; tna~r.~1.,r ar.3 .hat: '_+,= er.Ltlrc. at :.> :},n:-c, .. ..-...<.,.- • am r-,~.ruR: -!; ,t <br />tr>.ex rime any art.ian c,r }+rac>i•a•n ing, a+. _:^ ntttke area vmpnunnse ar settlr*nr rt tr. >`<.narci c,.,n u:th >urf? ?sling :,r tdamage .~11 >uch <br />t+ampzmtatiaa- awards. daxnagrs, nght cfr aerion amt prtrrriis are irernk+y assibn,>.i to the ?.f5rtgage^a•. u~lta may. after deducting <br />theteftcmn all its rzprnsrs rt-?ears .amy maneyc ~ z-rre-+.ar~ci ha tt +,r apply ihr .stays a.n any- nu3ehtedne~ srcursd ha-reby Thr hlnrt- ~ - <br />aaaar acmes to exeavte stub furr3rer aracignmznL of any rtxrtrnwtx,n, a-,.sr•}:, damages an!i righv -af artnn and prtx•aa*r1a aa_ khe <br />1+duzitt~ may eaQuize. €""; <br />That is case ad faiiui><• tct perform arty c=f tier .uaextanta he trot. the _lt ~,rigsgrt• tray dr..rn tk:e Mortgagear~a irehalF r:~r-n thing <br />sa cinrsamted, tbak tStr M~•rtg~a€+v^ e,sy~ ais.• ti>, any act :? ma? d.-rm nc:r.;ary n, pn.itaY tFe• lie-n theca-ref, treat the \fortgag<r will #ars <br />mpitc 'upon dPistana, any mt=.•:r•.-= paid .•r di.tw>s.->rf b< it,t• -~R.-,.rtgatr: fc~.r an of the aheu-e .purCxa~-s. and -uch maney~:: togrttier with "'"~ <br />iatertrrt theraot at She rata F.ren-,d:-d !n +a.j nnt:• stuaii hr.^.,mr .a~ mu. r. u;i.^.tttur.:l „-irhit.3ne>, harel.+ .-r.-rarest and ma. hr :n- <br />t3raSxd is aav decree frarrriawng this m.,rtgagr and l+a• ptrid ;,ut of Ste rent> or prcwvads aE sale of said prrmtses i*, n:,t other+a~ose <br />patd; tSraR i3 shall sot 1r ohligairary upon the \Ir•rtgager to tnGuirr mfx: t{rr +alidity [+f s.a5 hen, racumt+rancts. :,r rlatm :n ad <br />vraaaer xniaoeys as abcw•r taut-txrixrti. but n.;t.iry; ]re±ron ..antaena•t; a};all fr+~ r,,nst ruc,3 a>; :t•t;uirtn~, the ,Lf ertgar;rr- t,, a_ri:an-rr xny <br />tmtfe,.s fur aay~ surly f*utTq':•r atu to d.' rr.y~ ar: lerreundrr, sr=d thu `•{ort£ag<•e n};ail rM..t .near an+- pr rs:.nai hsh:iit} hwcsu+r .,f anti- <br />thia€ if taay da nr omit to do Iserasrrrrdrr <br />Sa the east .d L"ar tieisatft bx Rfurtgagnr in ihr pay mint „[ any to:tallma-nt as rrqutr.vi ?,y t}..• ti.,ir- recura-d hereby. cr <br />m the ,pea~atasrtte• a1 ihr ntttigatram in tits nanngaea yr to the nc tr x•cure-d thrre•l=y, f;.i tite•rtgagf•r shall nr rnlrtlyd tx> danarc the <br />dr{,+t salvers. tyres-t+s- due aru'7 gayah}e u-tthswt n.tts,a~, a.•rd the Mesr tgager stssali hr enuilr:? at riw ..t:t::>n. withr-ut noitn•, tenter by itwett <br />rr b^> a rya-ei.t-r tr, br api.Kant.~ b;r the ervri .hare.>`. area a.-t[hvut ra-gx r:. ic, ttar adaq ua-y of any .rcvnt'. i,-.r t*..- ,ndehtrdnr.~ u• <br />aeana$ lurrby, w ester open and i.akt pe,ssr-ie=:m rti ur u,ortgage~tf premises, and io rnllrrt an3 rerr,+e the rent!. e. ore and profits <br />tlaersrd, ai;s2 apply the ssrae, ,Less ra-_•' -sf tiperatvr, a-^tt e•+-,'3r tom, n. ei;.an khe in detrtadttc-ss sa•cutrr9 t•y :hi> mortgage, said rents. <br />iatsrrs sad belay Itetth: aysag>~ tt. ff>F _Aftxrigager as further secttrih- far the pa±ment of ail lndrbttdrv>, <rcutxvi harsh, <br />"Ilio Ifdaztya~aa shalt testes the P~'z w appcatzt say ayrnt ar agents it may desire far ilia purprae of rrtrarrirrg said prem- <br />tses: reatterg the sartx: edkrtiag the rents. re++a•n::i-:s. asr3 uix'cYnr and it may pay ou! r,f said inr,:mr atf .•xt'.,r-nsr; inrrrraei ,n ra~nt- <br />tay sad dal the same sad ad odSactisy the rrittals ttrrrf rc.m The bzelancx mmaaamg, of any. -:sail ha applied t,=ward the <br />diaeiuryr ut The taortgstts ~. This assigararnt u W terrniryte and trtY4nr Wulf aiu{ vt+id upon release of this mnrtgagr- <br />t <br />J <br />I <br />