Laserfiche WebLink
80-- F~ ~ 5 s ~ ~3 <br />1, 1'1~ataaalpdveea..aaata,.adagessaafaHa~tn: <br />s. Htt will Promptly Pal the ivdebtedaer evfdetttxd bq said pcamiasory note at the times sad in the <br />tttt~ therein pmvidad' <br />3.` I3a will peq all ttt:ea; assasstatats, t-atetr rates, and other governmental or mnttieipal charges, fitseti ar <br />iaspasitiaaa forvrhieh provisiaa hr trot tiara made beteitsbefotc, and will promptlq deliver the aieia! receipts <br />thmefor to the acid mortgagee. <br />c. He will pay such eapenees and fees ae may tie incurred in the protection and maintenance of said <br />propertq„iveluding the fees of any attorney employed by the mortgagee for the collection of any or all of <br />the-indebtedness hereby secured, or for fareclosnre by mortgagee's sale, or court praceedingb or in any other <br />litigation or proceeding alfecdng acid premises. Attorneys' fees reasonably incurred in any other way shall be <br />paid by rise mortgagor. <br />d. For better security o£ the indebtedness hereby secured, upon the request of the mortgagee, ila aua <br />ceswn or arigttb he shah execute and deliver a supplemental mortgage or mortgages covering any additionb <br />improvements, or betterments made to the property hereinabove dexribed : nd ell property acquired by <br />it after the date ht:reo( Lall in form satisfactory to martgagce ). Furthermore, should mortgagor fail to cure <br />say default is the paytrtent of a prior ar inferior encumbrance on the property described by this instrument, <br />mortgagor hereby agrees to permit mortgagee to cure sneh default, but mortgagee is not obligated to do so: <br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same <br />terms and eonditfotts. <br />e. The rights created by this conveyance shall remain in full force and effect during any postponement <br />or extension of the time n( payment of the indebtedness evidenced 6v said promissory note or any part thereof <br />atxured hereby. <br />~. He will continuousiv maintain hazard insurance, of such type or apes and in sneh amounts ae the <br />mortgagee may front time to time require on the improvements now or hereafter on said property, and <br />grill Wy prampUy whm doe say premiums therefaz. AIL ia.nratset shaII tie carried is rnmPanms acceptable <br />to mortgagee std the policies asd retaewaL thereof shall be 6s(d by mortgagee and Love attached thereto <br />lar psgable claara iv faror of avd in form soeeptable to the mortgagee. In event oI Loss, mortgagor will give <br />iaaediaq tsatiec in writing to mortgagee. avd mortgagee may make proof of for if not made P*amPJ7 b7 <br />tnortppr, std each ittaurana mmpasq coaeeraad i a hereby authorised avd directed to make payment for each <br />leas direetlq to ~oetgagee ittaeead of to mortgagor avd mortgagee joi!ttly, sad the iruuravoe proceeds, or .ay <br />part thereat, may Lee applied 6q mortgagee at its option cithe. to the redaction of the indebtedner herebq <br />sseattd or to the restoration or repair of the property damaged or destroyed. In event of foreclewre of this <br />mortgage, or other ezawfer of title to acid propertq in eriittguiahmcnt of the indebtedness secured berebq, all <br />right, gels, avd intereK of the mortgagor is sad to my itwueaace policies rhea in force shall par to the <br />purchaser or mortgagee or, at xht option of the mortgagee, may be aurrcadered for a refund. <br />g. He will keep ail bnildinRs asd other improvements on said property in good repair and trondition; <br />will permit, commit, ar suffer oo waste, impaittnen4. deterioration of said property ar any part thereof; <br />is the went of failure o[ the mortgagor to keep the buildings an said premises and those erected on said <br />premiam, ar improvensenta tlurttta, =A good repair, the mortgagee mat make sneh repairs ab ir. its discretion ii <br />may deem necessary for the proper preservation thereof ; and the full amount of each and every such paymwt <br />shall lee [atmediately doe and potable avd shall be secured by the lira of this tttortgage. <br />k. He will not voluntarily create or permit to be created against the property subject to this mortgage <br />any Lien or Liens inferior ar superior to tits lien a( this nranRagc without the written consent of the mort- <br />gagee; and further, be will keep and maintain the same free from the claim of all persons supplying Labor or <br />ralerials for comtrut~tian of any and atL baildings ar improvements rtow being emted or to be erected on <br />said praniaes. <br />i. Ac will nett rent ar assagtt any pari of the rent of said rnartgaged },roperty ar <lemaliah, or remove, <br />m subatastialh ghee any building without the written consent of the martgattr<. <br />7• AU awards of dtawagea in connection with say condearnation far public ux of or Injury to any of the <br />y sttl:ject to this mortgafse are htv+ebw awl;asd and shall bs paid to mortgagee, wbo may apply the <br />sasa,tt:~geaent at tbt iaatallaseata last due under said rears, asd atartEagee is hereby authorised. in the <br />ranee o3 the saoel;agor, to cserute and d,eiiver valid acquittances thereof and to appeal frnen any such award. <br />k. 7`laa< epptt~aftae shall have the right to inspect the mortgaged premises at any reaaawble time. <br />f>etatdt. is atay_of the rovatavts or cortditioas of this inatruaaent or of the ogre or Laon agreement secured <br />bttateirq.oltAll,for:trttsiratethitentottt;a,Reritit{httopossession, flat, and CnjOyartenl of tF[e properly, ai the option O( tftc <br />alaAYtt~ae or his assigar tit 6aiag agreed that the mortgagor shall have such rittht tntti! defsuttl. Upon any such <br />+w#a1t. the ttsertgagtee shall barosir.. ebe owner of all of the rests and profits aeeraing after default as security <br />(if; doe iadsbtadness arsaretl Itvreby, with tht rilch4 to- upon said property fur the purpose of collecting such <br />tt~tsa apd p 7Yti. iwtYhtsltteat shall opeiye r gas !( any rentaU an said properly to that r:tent. <br />