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<br /> THE MORTGAGOR FURTHER L'OVENANTS AND AGREES: <br /> .~+~":>Y. '; <br />That the Mortgagor wilt pay the indebtedness as herefnbefore provided <br /> . <br />.. iti..7i +, i.'1.~~ <br /> Thai the A4ortgagor is the owner of said property in fee simple and has good right and lawful authority to wtl - ancl: ~ - _ <br /> rnnvey the stttne and that the same is free and clear of any lien or encvmbranrn; and that Morfgagor will warrant and defend the-~ <br /> title to said premises against the c}aims of all taersons whnmsoe+•er. - - <br /> To pay immediately when doe. and payal:le atl general lazes, special Saxes, special assessments, water charges, sewer.serv-. <br /> ice charge_c, and other taxes and charges against said pmperty, and all taxes levied on the debt secured hereby, and to (urnish the -. <br /> <br />hortgagee, upoa request,-with the original ar duplicate receipts therefor. The Morfgagor agrns that there shall he'added to , <br />- <br /> each monthly payment requited hereunder or under the evidence of detat secured hereby an amount estimated by the Mortgagee <br /> #n be suffident #o enable the Mortgagee to pay-, as ±hey become due. s!! Faxes, sssessments, and similar charges upon fire prem- <br />.~ ices subject, thereto; any deficiency because of [he insuf5ciency of such additionat payments shall be forthwith deyosited by the <br /> <br />~r <br />Mortgagor with- #tte -Mortgagee upon demand by the 1ortgagee. Any default under this paragraph shall Foe deemed a ,default in ,,, <br />- <br />~ payment ot -#aiices, assessment-a, nr similar chsrge. n~quired ltrreundrr. <br /> <br /> Thr Mortgagor agrees that there shall also lte added ua each munthiy payment of principal and interest requirerd here- <br /> under an amaarnt estimated by the Mortgagee to fte sufficient in enable the \lortgagee to pay, as it laecnmes due, the tttsu rertce <br /> premium ors any insteratace policy delivered to the Mortgagee. Ant deficiency txcause at the insufficiency of such additional Saay- <br /> ments +ha31 be t rthwith deposited by' the '.1lertgagor ai[i the Mortgagee upon demand by th.- \Sort};age.•. Any default undec :hoc <br /> paragraph shall be deemed a default in the }aaymeni of insurance premiums. It the policy nr policies de{xvcite<3 err such as tume~ <br /> Wooers nr ali risk policies, acrd the drposiLs atv irtsuf&cient to pay the entire premium, the `•lortgagee ma}' apply the deposit to <br /> pay premiums stn risks rcrluired in rte iivitred by this mnri gage. <br /> Payments made iy the \1c>zigagor under tie shove paragraphs may, at the option of the ~lortgagm, kx= hrid by it and <br /> otututtingled with other such funds or it_c uw'n funds for the payment oat such itrms.:and until sn applied, such payments are hereby <br /> pltdged as sec-unty foz the unpaid italance of the mor:cagr inriehtednesc. <br /> To procure. dalrrrr fe, and maintain fnr the hrtariit ++£ the Mortgage-e during the life of this mortgage original pa3icies and <br /> rerrew~als xherrof. delivrmi a# bast irn days laefnrr thc• ex}urati,>n .at any such }wlicies, insuring against fire and other insurande <br /> hazards, casuaSties, said owatiagemie~ as the Mortgagee ma3' rnquire, in an amount equal io the itidebtednea9 secured by this <br /> 7lturigage. and in cvampamc-s atxeptablr t:+ th.• Mortgag,v-. w fah #,~~. payahir clause in Iavur of and in form acceptable to the \tortga- <br /> gt,e Sn t4ae event any- p<alicy is oat rrrarweel +,n a+r twf+,m ten dry. a*f ii_. exptratton, the ?ciartgagrr may procure insurance on the <br /> imptw=emeat_c pay the premium tM~rrfr;.r, arxi such :um ~ha!1 lv-r.*me imm+*dtatrlq due and payable with forecast at the rate set <br /> iwth in std ante" unt+l i,aad and Mail is -,+a-u nvl 2+. rht. m.~rtgagr Faiturr nn the part cf tha* \lottgagor to furnish such renewals <br /> as art` herein requimt or fadvrr to pay any .sums aaSv~anrr.: hrn•vndrr shall, at the npti...n n{ the Mortgagtr, cunstitutr a default <br /> under the Yerrrts n{ rhos ma,rtgagr. The de•licrrc of .urh }~s,5ciec shall. :n the ry. of of default cvtnsntutr an assignment of the um <br />eatrrievl premnam- <br /> Anv sums ret>/yr3 fry the >lorigagre br reax>r..u bass nr damage mcurrd against may tae retained by the Afurtgagee <br /> atad app3ird taw-ard the payment au the de-it heretay~ scoured, ur. at the npuon a+f the \inrtgagee, such sums ritScer wholly ur in <br /> part easy be paid c.v+rr to the Ma+ngagcr fa be used to rrpa:r such '*utldings ur zo hiaild-orw Fwildings in !heir place or for any <br /> at3a"r pur~• ut vleject satasfattun' ao the eyl c+rtgaerr wtihr~ui atT ~mg the hen on the mortgage far the full amount secured here- <br /> by farfote west payzaeat ac=re took plaza. <br /> T., pnamptly repair. rests+rr +.r r:-hu;ld an? iwri+iinr;, ~ r :myroarmrnt nnw ..r ftrrrai;rr an the prcmts.-. ,. hta'h mat hr~ <br /> roattr +'lanaagevd cv deitmyzd-, tc keep :std ;urma-crs cn ccx.i rr.nditta,n and rrpaar and free from any mechanic's hen or aihe< hen ar <br /> claim ct 3ien oat expt~ly suta;ardinated tc. the hen hrrnat neat ire :uffe•z ur {w'•rn..t an. un7avv7u3 use nF oar any nuisance to exist an <br /> sand ;+mpt-rty :tar to T+ermtt was#e :.n said 3,rema+es n,.r t,. d:+ env +:thrr eci whr rrh~ the pre+}tarty hereby c,lnveycd shall heeetme <br /> ;east laiuahle, xor ix dimini:fi ,.r impair iL v-atur tt}' ar ac't r ~•mi~~a.an t+, act t,+ .-==my:3v u~tth all rrquaremrnts of law with respect <br /> to the mo*rt-gaged pwtntsrs and tltr use the-rt.:i - <br /> Tiat shraald 2tae yIe-:zatsrs E+r and ]tart Sir r<•++t Yee t3ka•n ~~r aamagct t, t' firma-v+n ia{ an} pula33i rmprca+. ":+-nI i,t rundrmnalinn <br /> proaze~dang, v under the nglat <S eminent ,iz+raaan. .+- n any :+i her manner the \1c,flgagar .hall it rntttleci to all raam{aensattnns. <br /> awards, asd aey nt#trr gaay*arnt a:r n-tx,-f :. a, n~f,.r ~..+. ~l:a+l },.- ~nutl..i. at :-. +,}•? , n t.. ,•-,mm.-nrr ada7„-ar -t. en.l t,ncaz~-utr m its <br /> awe rtarrne any aiclaaes „r ;.rn.atrrc+iuaK. <,r Ia+ naawc ant ivm;+r.,uux .:r xttiru,<-nt :~n aa.ruxv:uwa utt;t ~ur;t tai.utg ur danaagr..~i} >urh <br /> ton, aaards. `t--=--°",'.:. rrzht of actie~ atxl taroceeds are hereF^y assigned m the Mortgagee, w•Fm may, otter dedut#ing <br /> ilACr'r]r'Cn4 all Sri expenses, eaa<' any' mcxar=-_ arzt r-iti-iirv art ii i+r a}:j=sl- ,: -T~ :d, '~ .:`s,lffbiFai ne'ai x'~it rv-~ lir;ca V. The .iia ri- <br />t <br /> furtir3 assignau-nt: +.Y ant- ClVnp2°n--atiUn, aw-aii"tG. ~afliagH. anfl ri,5,`t3{g rat 3rfnrn ant! prQ+['P(Y.1G gi IhE` <br />gager afgi4,es lie 2f[KS~tC sllZ`h <br /> ]r3aaslgai~ae tmay r+egtttre. <br /> i•$at in ixwe'd faiium to perform any cat 1Str ltvc^nan~< t:raear:, the \lvrtgag+'a' ma} dEt un the Marigatgni's behalf every thing yh.~`., <br /> 9d 4ACMr~nd: that flt! Mre~' gi+C may a3s9 dtx ant at~l ti ritay ilfti+m nrt°FOaai"1 ti4 ]3R3rtY'Pt tllP lien t}tPiY(}t. Iliat Lltr MOrlgagOr w'131 ~$' <br /> <br />m}ray upas drtnattai aany mr•rte•v paad „r tiia.bursrd iy the \l, nr,aE,v i„r any c+i the atn,.r purp+t<r.. grad wa-}, m„nrt. tut;rther r ith :.N <br />s; <br /> interest LlxerMra=a at the rate yxwtdrd in wad nxr rhall Iterumr ..a nturi add rticanal indrbtevlnesr h••rrhy secured and mat tx' tn~ <br /> r3atlcd ire ruse r3~tt+e fcatxtk'-asittg zhi. sraeangal'F aa3 ba }raid <,nt c; $re rwras. ar ;=rex-rrdx :ai sale of ;,aid prrmteks if n++t nthrr+, xsa• - <br />_ <br /> paid.; that it r}ixdl .tsar Sac aSdigaitary upon itae lalr+rtgtagae tc+ tmluarr itiat the y-alidity . f say ltrn. enrumbranres, nr claim +n ad- , <br />3.. <br /> va>~4E tataracys as a3auvr aw[.Srarizei, but naaitng lxiran cauaiaanrd siwll i><- th-.natru~-d as requiring the ;<iortgagrr to adrartec a+n ~ - <br /> 2ili f~ aarj' ~< jitirJaVia[ AGT in it[i any T:'t hrtrurader, BiXt tlfa2 Mortgagee shat! naH 13!L'Lr 8nY yet~vu!]al 1latvitig' tarC$LL5e :xt anv^ <br />H <br />~ <br />i <br /> yy <br />~~ <br />~~ <br />tureg ~ raaV i}a M ;soft #il d0 taPlRTRAtI!`!. <br />fa the exaeat a$ floc detauii Ly Maarsga;or m for payment of any +nsialimrnt, as rrquiravd it tk:r Nutr srcurrti hereby.:+r <br />~ abr gsea'fnrasatrae a+f f}ae otalitataoa an Ltira xnnrtgage ar in i2ar note tmcuted ttarre6y, the itarrgagrr shall ttr enutlyd 4, declare tie <br />debt seruaed taeatvby dt~ arsd payal~r without nai.+a-. anu the ?alar tgagcrr shall br entitled at its c>gtion. without ne:ticr. either ray :ts,rlf <br />ar $9 a raern+rr to tar a}'a}acuntrd lay fir rxauri ziterr:sf and ayit M.u{ regard i+r t4ar adequacy' cf ant' seru rii~ f,.r ihr indrlaYr<;ln.-as +< <br />.caved . ua ratter upon sad take pr -sesirza a.f Llae murlgagrd premises, and to collect and r . t:+e the rent., aasue~~ a:h3 S+rvfita <br />ttsenau{, sad apply the sainr. lean masts of u;x-ration and ctallia-zi.+n. upon the indebta-dttess .feu red by thi, mortgage, said rents, <br />i~aes anti Rr'e$ta being het'eby alai&nrd to the !alr+rigag+-r as further .acv rih• fnr tlv payrrar~nt <~f all ind<htrdness .,v~urvi herehi~ <br />Y>K ~ ttiaail iss+ir floe ;saver to a#tpzvnt anq agent .,r a~ali ii may ~ - rr fr,r fir icu rf;<ra-. ::, r.-Soso r.rrw xi.d i:r=m- <br />taea, natant the taste; crdle,t2tag iltr rents, rev+•nu.-> and an.:urae. and n tray pay out xd Said im'umr a!1 rxpe•ners tru~arrr. ! ut trnt- <br />.tag sad txaanaeariC the saate grad ei +-:dhclanl; the rr nt ais tirrrf rem: Ttar bola nrr rrma~mng.:f any. shalt he~ epphr+3 i.+v<ard the <br />diarharte ad the rtwstt&ate ~. This assigntneni as to irrminatr anal hr^cume null dnd +a,i,i uy,~n rt-Ira.,.- .~f Ih,v murtgogr. <br />~. <br /> <br />