BQ~~~
<br />TKE MORTGAGOR FCIRTHER C'VENAN'I5 AND AGREES:
<br />That .the Morggagoz will pay the indebtedness as-. hereinbefare provkded. -
<br />That the Mortgagor isth®-owner of said property in Cee simple attd has good fight and Lawful authoriky fo sell and ~~
<br />convey the same and that thesame is-flee-and clear of any lien or encumbrance: and that Mortgagor will warrant and defend; the
<br />title to said premises against the claims o£-a11- parsons whtxersaever.
<br />Ta pap immediately when dtie and payable all general taxes, special-taxes, special assessments. water charges,-sewer sate: - - -
<br />ice charges, and other taxes and charges against said property, and-all taxes levied on the debt secured hereby; and fo-furnish-the -
<br />Mortgagee, upon request. wdih the original or duplicate receipts therefor. The Mortgagor agrees that ~-there shalt Fx~.:added.='ta ., -
<br />each monthly payment required hereunder nr under the evidence of debt secured hereby an amount estimated by tF•.e Mortgagee
<br />to hz sufficient to enable the Mortgagee to pay, as they become due, all taxes, assessments, and similar chazges;upom tbe`prem•-,
<br />ises subject thereto; any deficiency because of the insuitciency n{ such additional payments shall be forfhwith~deposited--6y"the- ' ~- "--- -
<br />ivfortgagor with the Mortgagee upon demand by the Mortgagee- Any default under this paragraph shall be deemed a-default In
<br />payment rsf taxes, assessments, nr similar charges reyui red hereunder -
<br />The Mortgagor agrees that there shall akw be added to each monthly payment of principal and~interesi. requiter! -here- -
<br />under an amount estimated by the Mortgagee to he sufficient to Doable the Mortgagee to pay, as it becomes due, the insurance-- -
<br />premium on any insurance policy deliverers to the Mortgagee. Any deficiency because tit the insufficiency of such additional: pay- _
<br />meets shalt he forthwith deposited by the Mortgagor with the Flnrkgagee upon demand by the Mortgagee. Any detaukt'tinder this
<br />paragraph shall tx! deemed a default in the payment of insurance premiums: If [he (wliry nr policies rlepositeiY are such''a5--}come- -
<br />owners nr ail risk iwlicies, and the riepnsrts a e insufficient. to pay the enter premium, the Mortgagee may apply the deposit trs
<br />pny premiums on risks required to be insurd by this mortgage. -
<br />Paym ode I ,. .. - ga- : rider t... ...e paragrap.`, - -,. a..r. opiiar -, ihr• . o€igage-, un ke}d~by r .sad
<br />.
<br />~
<br />t
<br />t
<br />3
<br />v
<br />L
<br />K is oaa , funds
<br />commingled wn6
<br />other +,ch funds o
<br />for
<br />he paymenk of
<br />surh
<br />items
<br />and until sn applied, such payments are hereby
<br />pledged as security for the unpaid I>.alanre ,,f the mortgage indebtedness.
<br />Tr, procure', deliver h and ,namrai r, fur the iameft .,f the Mnrtgagoe rhu;ng th-- bfe of thin morigai,>e angina! pnhcies and
<br />t -
<br />"wals thermf, delivered sr
<br />leasi ten does before the expiration ~,f a .urh pnhc,or~ mg agates fi rr and other insu cable
<br />t
<br />r
<br />,
<br />hazards, casualties, and contingencies as the Mortgagcr rosy require.
<br />i
<br />e an :amount equal
<br />to the indebtedness secured by this
<br />~4fortgage. and in compams~ a,reptahlr to thy A4ortgsyes. earth ios pnvahle cisuar xn fa.~„r „( and m form acceptable try the ~tortga-
<br />goa In the event env p„hey is nut r wed „ .~r before r. , ~iavs of rr- sx p;ranon. th.• ABrKgakee may prx>cure msu ranee un the
<br />improvemc^.nts. pay the pre wnx th.•re•for..mn ,.h . ~i,all h.r:,mv mer9raeris Vur ,md t-~avahle with interest at the rate set
<br />u
<br />(
<br />eh~. n - gage !:,
<br />torkh in card note until i,aid and .hail 1>r- ,.-,-u r,-d h
<br />Harr .,n the part of ihr- :, oregaFUr rr, furnsh such r Ovals
<br />t
<br />as are herein rectal red .,r factors [<, ;, env 4u ... , .. c „i
<br />hrrsunder ,hall, .at the =,ptir,u , , ,.., Mortgagor. =.r nst itute a default
<br />r
<br />m
<br />under the trrrs>_c et thrs m>rteave ~fl,~
<br />.u, .. r-
<br />~f ~~c?,H .,, ..- ,tech r. .tr .",,t -a -IsGurl t. -.. -un• an .,+.,gnme n. ;,f the un-
<br />earned prr•m sum.
<br />Any ., .s i~,~,l ha ir..~ Li „rtea.s.• I,. a.,.n .~i ., _~~ ,fum:ege ..i .~~t a¢ain,t rnav ua r.•tamed by .ho M19nrt:;agre,
<br />r
<br />.
<br />ths ,• ~, .,u .h=he _, mb
<br />m
<br />and applied toward
<br />„uc.d ., .a tho „peon of th,• fan kagye. ,ach ,ems ent:rr uho~ly ur m
<br />part rnav Ire yard o ,. ii:
<br />t...rt;;uc==r :~- ,- „-,d i., „•pa~r -uch build ergo ..r .,, 6udd =_u .r haddmgs ,. !hoe piano or fur tiny
<br />other pu r>a>ar „r „h7srt _<usfart=u-, ,. ,.,r ?{:. ,.. ,,, o,t ixn,t :, ps,-b rig the be n ,.n tF~ mortancc f~,r the fr.ll a_..,o., tit acur,,d here
<br />by la,fc,r. w..: ,.~,.,, ,, .,~. .... ~ :.._.}
<br />T,. pr: R:i•ila- rep: •st__€;- v.... a , I:i~r ~ rnpr , , ni tit: .., < .., r .. , . , whuh mat- IT
<br />ela,m .,r ben u,. -, r. 4-;> - ,._.. •t,. __ .,,. .- , _t ,,,-, -. ,ufte•r ..r n ~, .., . ,-s~-f,1 , . + ~., ,..,, ..n. ... .....n
<br />_.,,.. ,,. u ...... ..... .. ._...... .,. ,. ... .... , . ...,,.._ ,. ... . ,,... .,. ... .... ., ,. .. . ... , . , .. .. ...... ... ,,.,.~
<br />less valuably. n, „•,iuuuu<h. -mp.u ~i-..,au,. !-, .,,., .,,, ~-, ,u,,..,,,,, i„ „i i,..~ ;,I~, .. u; ~,H ~ ,. a.. ni. .I In.. ,.,u, ~..t,rrt
<br />(; (::, mo€tgag€•d ;' ....w.~ ,,.s., ..., .,_, char€.-. - ° -
<br />Thar ~huu Lt ih.~ ~ :~+-, -E i.= part L., r. .,t Ix~ 'ax ~ r .a nu,gyd 1•~ i,. ,.m ..t _,, nibin .-n pr ,, yet ~. ..,nde!n na bon
<br />t
<br />r
<br />pru.eadurg, „r untie^r thy r,x6t ,,. ,rni n. v; ,.. n, ,ui~ ,.Urer manner iVi,- `.L•rigus.• .hall 1,.. , n~tl..i
<br />n. .;il
<br />~.,mPen.ai,.•r,.-
<br />~
<br />~
<br />n
<br />-Iw .uui shall he rn tit led. st rte option. to .o mu e aptu•, r~ and r .,,.ruts ~- ,.~
<br />.-wards, and xny other pay mym . ro-d,rl :h+
<br />~
<br />a -u i:, .urh rrhrnx , r :fartiago .-SI} loch
<br />own neunt• .arc action ~ r t.r~: a-, it n>;. ,. ,,, ,a.cr ,,,rope,.nu.=- , stth~ra,•ni i , ., r, „~ab
<br />cAmpensation, awards, damages. n€ht ,d acti!~~n anti b~ru.•rc+is a e• hrrehy assigm•d to eha llortyagss, v.~ho rnas~. after dudurt~nt;
<br />there[rom al! iLs ext-netkv~s, rrleu~ any n+unuye su _ ved by a or apply the .ems un soy ~nd.•hu~rlnss-s secureri hereby. "}'hs \1c-c-
<br />r
<br />r
<br />r
<br />ant cainpe'n+atiurt, awant~, damages,, amt rlt:ht. „i ar tian and pftH't•rds [6, tht•
<br />gagoE agrees 2U krrtecate si1Ct{ fadktter a!5191 gi1nlCRla
<br />i
<br />•f
<br />Mortgagee may rtywre.
<br />That m case u[ factor" to perfaan :any ~,[ the ,.,.onset, h.•r,-w th.~ 9tortgagre mat do ou lhr A~lnrtuasur~ 1u=hnJf ea, n tl?tng
<br />so covenanted; that the MurtYngu~e rosy adsn do ,+ny art , nay oa. m 4uy n, pHs G•rt the hen ihr•reof than the Mart, argot .adl
<br />~
<br />s
<br />3lvrtgager
<br />fur . „ t - . s purpo.+x•s. n .-.urn rn ,. i„gsthrr •.,ih
<br />rnpay upon demand tiny moneys prod or .i[.vba recd fiy tee
<br />r
<br />r rid , ~ la• sn
<br />interest than•an at the rate proaded m wtrd note +hall ! ., a xh uJrhuanud indebted Hess hereby ~e wrrd
<br />[
<br />t
<br />tit ~•f lily Ir; IYt-+ a,r 1'r.,.ryds „I ,ale, of soul lu' routs If m,i
<br />o lhr•Yw4Y.'
<br />eluded in any drert*lr (nryt'IoslnK Ihir n,.+rfgagr ,in,t by {r,i d ,
<br />paid: that rt shall not tte ob[rgaiory apvu rk.- ttortgaKr.~ to utyu re.- .nt.. the ,.,.uhtr ,.[ h.-n, . ~ nhrauc.-, .la,m .n a,i
<br />r
<br />,l3urtgagvr to advance .:n.
<br />vaneing~ nraneys ttc atxwe authanxeei, but notbtnt; heraw routmnud srraki t,r, camtrusd as r•yuteurg the
<br />r _
<br />.hall n„t ,m:ur any fa°rn.nurl liaYrrirly hrc~au:.e of sn.
<br />monaYa for ant ouch Purpa+a nor to du any ac'f hvreumkeu anal that Mnrtgaxee
<br />0hing, it pray do or omit to do hrrrundec
<br />In t(t~ event oI t}=s deCnYft h- +t .- ~ - ~- -.'tt of n - -trtim~ t..+ ra-.l by tn.~ Nurr ,~ .t l;:rs6y ,.
<br />in t-he IwrfannanE! ut the .}ht-tut, in ti r- - .rt.ag=• , t u,e uutr. ,.ra •d themL- a ti}.~tµegee =ludi hr , ntdird to d~alair ihe~
<br />debt secured ktemhy due and payaide wnknxur trouao. alai the Murigagre skull he rntriieci ei u. opb,as...•d'n, n,i n , .- •,iire•r it>• sts,•ii
<br />ar by.a receiver to }x nppuinLL•tf by the court thereat, ant: withrsut regard to the odrsiuacy of any sot ntv for 16y uulebtrdness .,
<br />'
<br />thr• rents, r.,su+•s ahd profits
<br />Cured ~berebY. to cuter upon utd take pos$essinn of tke m..rtgat,-ed premise F, and to raile•a°t and r•.>iv.
<br />thereof, and ap[riy the same. Ir. stt nwta ,d aperatiuo and roilectron, upon the rndubirdne:.a u~cured by thra mortgugr, .;url ronrv,
<br />issues and profits being hereby asxignrd to tlu~ MarlgaKcn as further security !or the lrayment of alt nulsbtednovs e:a•rund hrndiv
<br />TAe Mvrtgagc+. she{I have the pu r to appus tit any ;sga-nt ., •nt. „ a.aS .1+•,~r.• I„r the 4,ur p.:.;:- .., .-I,a,r . „ ,.
<br />t
<br />d nary pxy out of smd s ,rn all oxpe nsr. s r+l i set
<br />lees, renting the sWne; cotler;ling the rentse revenues ands :uul
<br />r
<br />r"
<br />
<br />toward the
<br />tbrref rem. 't'he halanrr ra mauung. d any. hall bs apphed
<br />inB and managing the same and at collecting the rentals i
<br />'~
<br />~~
<br />diechorge of the mortgage indebtedness, Thrs n. sigmnc•nl iv to lyrnu Hats unrl Iwcun~,s null ;u„I .,nJ ut,an ndsu..,~ ,~i the m„rtnex.= -J
<br />
|