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'CFfR Mt)Et'fY'At:()R FI;fRTHI)?R t~)'VI".[a[A.1V'i'S Ah1) AiCRF.EM4r,
<br />,.,
<br />'Phat the Mrxr'tgagc;r wtl~l pay the sndrbtednr.~ as triereinlrriiorr4'j~° ',~~ .. ~ -
<br />Thi4 t~e~l~aCie thre_riwnarlt(>~-pes)3ierty fa flag--at;aad lass-gaetf t'~it-a>Ad:la.rtul authoretY To rlt and.
<br />convey the rrarYfE'erttl fhat'the allttYe ~s free rttuf~CleSr ref temp lien or ettoaatii'ttx; seed that 11#oiEj#ajna~ will warrant artd defetxl'- [fie -'
<br />title tp acid premises agtriaN.-tire t38tirrta of all persons whrsttaoever. - - - - -
<br />To pay' imme[titNelp when titer atxt p.ythie tdf M castes. ttpeiela[ taxes, special aesesament3, water charges, sewer aerv
<br />ice• charges, acid other lazes-mid etiargss ngatttsG [trod ~, a~-aB taxtllE--lewitei tm the debt secured hereby, and to Ittrnistt iha _
<br />Mortg~ee, uptrtt. te[[tae+si, riiittr the arigatal yr t[upieaafe t'ece~9ts t#terafixr.' ~ Mortgagttt agrees that- therm shred' hs adderf td
<br />each monthly payment requited hereunder nr under the evidertce of dept secured hereby an arrxsunt estimated by the Mortgagee
<br />to tee sn6taent to enah}e the Mortgagee W pay, y;a they bee[rme due,-ail taxes, assessments, and similar charges upon the prem-
<br />tees attbject thereto, aaY dettcteaty.becauae of the ittsufCiciency of atoll arltiitnsettil payments shall Fee (9rthwith deppsittd by the
<br />Mortgagor riith.; `19[t;a tipOh tiemartd by the 'Mortgagee- Aay defani{t under this paragraph shaN`btr deet'rttd'a~rle#atttk'in
<br />payrnrrit of Laaes, asriessmrnta or similar Charges rrctuired hereunder. -
<br />'The Mrsrtgagor agte•ea that there shall also tee added to ratl+ r..~rthly pavmrnt of prencilsei and interrst~required hete-
<br />utxler an amount rstirtrafed by the Mortgagee to ise st~icient to ertal+ie ttte Mottgagt><! to pay, as it becomes due. iixe iri»:::a.-er~
<br />premium nFt any rnaursnce policy delivered to the Mortgagee Any deficiency lxrause r.f the artauMicremy of such additional pay-
<br />menW shall Fse (arthwith depositacl Fay the Mortgagor with the \l rsrtgager upon drrtsand by !hr Mortgagee. Any default under this
<br />paragraph shall he dermeci a default to the payment csf insurance premmms If the policy nr polues deposited are each -rts:_tmme~
<br />owners or afl risk polities, and the deposits are insufficient to pay the cotter premium, the Mortgagee may apply the de{ioait to
<br />pay pr+!miuma nn asks required to rsr insured by this mortgage -
<br />Payments made by the Mortgagor under the above paragraphs may, at the option of the Mortgagee, Fse heldhy it and
<br />commingled with Mher such funds nr its own funds (or tFsa payment n( atich items, and until sts applied, such payments are hereby
<br />pledger! as serunty for the unpaid helance of the mortgage indeMedne!ss.
<br />a p: rare, airtivar to, and maintain for the twnrfit of the Mortgagor during the Ide n( this mortgage original policies and
<br />renewals rthrre[sf, delivered at irasl tan slays before the rxpiratwn of say such lwliciw. msunng against fire and other maurahie
<br />haaatds, ~sualtiea, and cnntingencim ,v the Mortgagee may ragttire, in an amatat equal to the indebtedrtetw sacuFad by the
<br />Mortgage. and sn companies acceptable to the Mortgagee. with Ines payable dauae in favor of and m form acceptable to the Mortga-
<br />gee. [n ttw event any ixdicy is not renewed an ur lecture ie•n days of iL expiration. the Mortgagee may procure insurance on the
<br />uttprovemrrtta, pay the premium therefor, and such sum shat! Fxr:.mr irrurtediakrly eltse and payable wilh tntrrest at the rate srt
<br />forth in staid nou• until paid end shall isr ,ecureal by this mortgage. Failure un the part of the Mortgagor to furnish such renewals
<br />as are herein requires! ..r failure !n pay any sums advanced hereunder hall, Hi the option of the \iortgagre- constitute a rletault
<br />under the terms ref this mortgage "Phr delicerv rd such pshrirre shall, ;n the rvan[ of default, ronsntute an assignment of the un-
<br />earned premium.
<br />Any sums rrcrived by the Mortgagr[• by reason of Voss nr damage ensured against may tee retamrd by the Mortgagee
<br />s:;•± +±pislir.i toward the payment o[ the debt hereby secured, ar. at the npuon of the Sortgagee, such sums either wholly nr in
<br />part may be paid over to the Mortgagor to hr u. .~ .- - •~ti hndrlings or to hwW new buildings m Nsrir place or for any
<br />other purprxte or object sahsfttetuty to the Mortgagee wif+huut affecting the lien .m the mortgage tnr the toil nru~a:a x. ~...^r? tirrr-
<br />by before such payment ever [ark place. -
<br />"1'u promptly repair, rrstore• ur rrbwld any 6udduig. ~ nn p;-o.rmrnr~ ~ •:r beer-alh~r ..n G r pn-cruse-s whu'h usav Fx•-
<br />come dstnagrxl or destroyr[l; to keep sand premises m gexsl rondtt.um and repair and free from any mrchanu~'s Lc•n or other lien or
<br />claim rxf !ten nest expressly sutwrdinated to the hen hereot, not to sutler ar tx•tmst any anlawful use of or env nwsancr to .salt on
<br />said property nor to permit waste un weld premiers, nor t.. do any nt her act whrn•by the pngs.•rty hrrrhy conveyed sha!1 IK•rome
<br />less valuah}e, nor to dimimHh or irnpatr sts valor by any xrt or omas3ron t.: ar-t. to r.unply ,+-sth xlt rr•gwrrmrnt ~;f law wsth respect
<br />to the mortgageri !remises and the use theitxaf
<br />That should the prensiw•s nr any part thrrewf tea taken or :iamagrd by rrxsem of any putrlic snsiansvemrnt or cundrmnation
<br />proceeding, or under !hr right of enunrn! demiaui, or ir: any other :nannrr. !hr 1;4nrigHq[•r -hail br :•ntit!rct tr= alt rcm{xensations,
<br />awards, and any other payntrnt ur robe[ '-hrrefur, and shall tw rntitleal, at rt_s ,.ption, to evmmencr, ap~ar m and prri.~•utr ii e!_
<br />own name arn• actxm ar pr<s-rerii»g. ~~ h+ .nakr r.. ~,.nspr,~.o+..• ..r ,rut .o.ni :n „ nu. ..u,~n ~•uti, auvu aaausg s s;uiiagr. Aii such
<br />ctxttpettaation, awards. dars?agrs, right of sc4r,n attd pose- err t±rt>6y asaiKn!'d !rs the ~,lortgagar. who ntay. after de[lucting
<br />there(mm s[I its expenses. relraar any moneys ws rrcrivtvi by rt ~.r apph the ~ausr ..n any indrbtrdnrss secured hrrrhy The LLrct
<br />gtsgor agrees to exrcttie such further assignments of any r•ran{ern-+at u,n, awards, r?ar»ages, unrl righu of actsnn seer[ pr.,<rr..lx a-, the-
<br />Mortgagee may require. _
<br />That in Casa of failure A, perform any •,C the cuv enants herons. [hr ]lurlgagrr rosy do :m the ltortgaag,~r , i~r~i,;d! ,~•..~n thong V~'
<br />acs cuvertanted; thst [tie Murtg88er may also do arty act it may deem uecrssaty (n protect the hen !!srrrof. 'hxt th. .l urtgagur wdl
<br />repay upon demand any moneys paid or distw t•srd by the MurtKag+'+' fur uny ,.f the above purposes. and +u+~h nwneys together with ~»
<br />interest thleresun at the rate pruridrd in mid note xhsll haa'urra> so nwch addi4unal sndebtrdnrs, nendsy w•cured and ntay ta- to-
<br />Cluded in any decree Ew.xkxeing this murtgaKe and rsr pain .,ut of the renU. or toucred:..f wl:• .d ,std pn•»u.r. +( rn.t ~~r b. res.,.
<br />paid: that it shall nai tee obiigaWry ul.on the Mortgage[` to ntquve iota the validity of any hen, encuns!•r.:n.es. • r ~'.a;ns in ad ~ '
<br />vattcittg moneys as above authonzrd, but nut}ii nq herein cont:.wnrd shall tx• cmistrued as rs•ywnnK the \t„r!gaK+•r t.. achan.•e any
<br />ttwttaye for any such pur}xrsr nor to rto any act hereunder; and that Mortgagee shall nut incur arty rs~rsunai hahslity h.•cauw• ~~! anv-
<br />thiog It stay ~ or oral[ M clo hereuttdaF.
<br />la the avcnt ref the default by Mortgagor ui the payment of xny snstallmrnt, as rrrtuirrd by tie.- Note --,rcurrrt her<bY, a
<br />m the petFfoi'mslv.`r of the abligaUun m this nxn'tgagr ur w the note ,w•cured tlterrby, the Murtgagar shat! rsr rntitlyd to declare the
<br />debt arri.urtti[ hrrrhy due arul payable wAhuut nutµ:e. and the Moey{ager shall br enptled at its upUun, without uran:r. either by ilvrU
<br />nr by a re4eiver [n hr appuintaxl h,v for i•owt thecr.i-, :rn.'.- •aithaut rwgxrd t+, the adequacy ;:t any -rrut;h f:~; tie nr:lrbh~tn.=~,..e
<br />[aFr harehy, to enter u{xw mid take- possession of the murtgage~d pnvntnre, scut t+, coprrt and i•~+o:,: :;~ .. ,.-,. .,us, -u:.t nr;:ht,
<br />tharepo[, and apply the aurae, ir+s coats of o{x ea[tuu and cvti<n•tion. ry_xai the indrhtr,i nr ..xv n•a i,a :hr. r i rtstng. , - r. „-..
<br />ikvuenx amt pro&ta hktttg hereby aeeigneKl to flee Mortgsgee .?. (urthar ,ecurity L+r ttir {ra.nu•ni of ail irtdchrn.i n+~.~ »+ata•1 heel+y
<br />"I't#a M4etgag+ce shall hsve Lhr power to apJwint tuts agrtat or ogre-nts it tna) dealer for the p.i;}.<•,.~ .~. r.~pai.sui: sa;cl ;~r~u,
<br />lees. rtnpng the zanxc, tullanliug the rent rrvvnure and ssx.,us.-- -uui d :say pay ?ut ~,( vsd . oni.~ ee .. . _,e - - - _r.l sn ern[
<br />irtg end mnnagtng the [tame and of collecting the rrnlals thrrefnxn 'The balance rrrnainusq sit any +ha!!r-tn~ ,ippi red uswatd the
<br />cliaoharge +d the. tortgage indobtsdnexs. 'Phis assignment is w errmi»atr and Faecvsmr null and vs.id upon re{rase c( this mrists;.sK«
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