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<br />?'Ff6 MOH1'GAGOkt FG`RTHEIt d:OVENpNTS AND pGREEB: J~ t ( ~3
<br />~0~..{J(+ 1~ J t
<br />That the Mortgagor wit{ pav the irxtebtednesa as nereinbefore prorded.
<br />That the Mortgagor-ia the -dwne: of said property in fee si.-npEe and has god right and lawful authority to sell and
<br />convey the same and that the-xstrte is free and clear of any lien yr encumbrance; and that 'Mortgagor wi',1 warrant oral defenr, the
<br />title to sasd premises against:the claims of all petarsns-whomsoever.
<br />To pay-ilssmlet3"sately when due-and payable aU general taxes, special taxes, special assessments, water charges,-sever see-
<br />ice charges, and nthertazea and charges against said property, and all taxes levied vn the debt sera red hereby, and to ftrrnish- the-- -
<br />Mortgagee, upon request, wdlh the original err duplicate mceipt thr>refor. The Mortgagor agues that Yfiere shall he added to
<br />each monthly payment req}tired hereunder nr under the ev±dence of debt secured t,rreby an amount estimatedi by the Mortgagee
<br />to he.-sv$ccierd'^tB'- ertabfe the 2Motgagee to pay, as they become due, alt taxes, assessments, and similar charges upon the prem-
<br />ises subject tfiezeto;-any deficiency Frerause of the insufficiency of inch additional payments shall he tnrthty"rth deposited by the
<br />Mortgagor with the-;Mortgagee upon .demand by the b?ortgagee. Any default umier this paragraph shall-he deemed a default in
<br />payment of fazes, assessments, nr similar cF.arge_s required hereunder. - -
<br />- The--hierigagor agrees that these ehall also he addefi us cart: monthly payment .,f principal and interest required heae-
<br />under an amount estimated by the Mortgagee to br sufficient to enable the Mortgagee to pay, a- rt i~ecoroe~ due, the is
<br />premium on any insurance policy delivered to the hlorEgaSee. Any deficiency- !>,rause nt the iacuffieiency of such ariditinnalrpay-
<br />mefcis shall he frrthwith deposited by the Mortgagor with the Mortgagee upon demand by the Mortgagee. Any- default under the
<br />paragraph shall he deemed a default in the payment oC insurance premiums. If tfie policy or policies deposi [ed are such as tmme-
<br />ownen or all tick policies, and the -deposit err insuG'icient-to pay the entir^ premium, the Mortgages' may apply the deposit to
<br />pay premiums on risks required tv be insured by this mortgage -
<br />raymen[a mace by the ~?vrtSagor .ender the ..hove p g ,rhs may at me -pt~on <,f th.. Mortgagee he held by it. and --
<br />comnningled with other .uch font er a. own Eunds for the paym-nt nt s„ch items an tit sn fp,hrd. such PaymenU are heretic
<br />ple,l~,geri as secairity for the unpaid balance of the mnri gage indebtednevs a
<br />Tv pre,cure. deliver to- and ,maintain for the hen«~~ft of the .~fnrigar,em dunng the hte of this mortgage original pnliriev and _
<br />renewals thereof„ dehvcrMt ai !east ten dare b<-fare the ,'.a p: rarron ~:d a .ash poHc;e•,;. inau nn~ ago; nst fire and ocher msu ratite
<br />hazards, casualties, and mntingenries as the Mortgagee ma}- require, in .:n amount equal iv the indehiednrss secured by This
<br />Muragage, and in e rota Les acceptable n~ the Mort-a(,__. with I- -! ay a} cE -;c -; a - -f ana itr f•,rm acceptable to the Mortga-
<br />gee- ]n the- event n_ policy is not renewed o r t .L .• ten i ,f rtti plea trop. he ttiu. tgagee may procure ensurance on the
<br />imprurlen±ents, pat the premium eh+>refor. a J :a:oh =hall h«. _. immediate!v due and payable with internat. at the rate art
<br />forth i :std note unf~1 ; and avu . art t.- wear.-u t,v ~mr. rcgage.<r aware un arr pars u. x.<sasu..< .. _ _ .
<br />as are herein required ,.r failure io pay nny .u s ad~~am.-d itr mrirr ~ha;L at the option of chtvblortgagee, ronstttute a de(aoit
<br />uncle; the tecru of thrs m.: ,;ago Th.• deirvorv~d =.....-. .n .«. .halt. :., !60 +<, n. -t +L-(salt. ,<.nsuwte an e_sigr.ment .,f the ur.
<br />Darned premnrm.
<br />Any sums r _ :4-d try tiu• if ortgagee t,v cacao of bus ..r ~ .u-. ed aguu.,c may he retained by [hr yh,rfgagee
<br />and applied toward the ~ vet of the debt h.~mby s, u. red. n at [he ~.puon of the ?dcrtgagee, s,n-h canes rrtF:er Y~hohy ,.. _..
<br />part may fie pard < r to ~h~'viongager t,• I,- ,.au. .. .,~pa,r t ., hud.lir. .n .., , urid-n<w bu!irlmgs ~.. i!:e,r plxer •,r ,.,
<br />other purp<,:se or abject ssttstacteq~ ., oho SL~rt~a~re wa!~ou; a.. _i-k ..,, .,_e- .n ih- mart ga;;,' for r!.e tali a.~-+u ~. -., ~~r. _~ ....
<br />fiy -.etoa• uch Payment <.<. r.ww p.a<e
<br />To promptly :aprri r, r.,, re ..u„u,. .- - .:w!deng: ,. ~. <,mrnts ;; ,~ ., .eaftor or, ...- ... --. F:~rh r:..-v Sr~
<br />r •.: r
<br />_~-~~ - re .rrt r3rrryz!.• ,:rr+:<..r.~..,.! t -_ . ,-_ ~.. r.~,: _ _r., ..-. .,.. .-- ~ ,.,
<br />.. ,
<br />sold p uv~, i} n„ ,. ,-e. u,.. ..a..~ .... .o e.: v. ~;:.:,r . :,; r.: i- .... ..... . .:.: ..... ..., ....... .. _.. ....
<br />less valuable. nor m diminish or rmpar: .L <atuv try , _ u- , r ,m,~.u-n n, n<-e ~r, ,,, .urth -ail-r,-ciuir.anrnr; „f law wrth rr~rpect
<br />to the mrrtgagad Premises s,r,. ,..e .,ss the-r=~;t
<br />,
<br />That should the prcmrs,-. •.r ..r . part ^„-:,-„t h• taker; = r -tan ,,..i by r- .,n ..I ..r , pui~hc : ,n, . r . _ ,ndrmnaron
<br />preseeding, or ender th.- ngbi ,,.. rent derrau; .~ an +•d;er m:! „:. the Sh,ay:agc.• ~irall ta• =nr,t te:i to al- ::,mpensatnms.
<br />awards, and ant other Payment „ relict there&r, and=hal3yhe en tided . its option, [v commence- appear in mzri prreeoute , tts
<br />own name any aetior: or pnxreeding, . r t , n.asr any <--ampn.m;.r .. setet h-ru-u: , .. , <-rt:on -;+ilh such tak,ng or damage .;;t ~~urh "
<br />carnpensation, awards, rian.ages, right ni aetton .and pr+xeerFs a ,• hereby assigned to the•- Mortgage-:r, who may, after dedu.•ttng
<br />therefrom all its exile-ones, release ru+y mo .,- r :vrd he~ r, rr v;•F={Y the samo .,n any inriebtednesi secured hereby The ~tnrt- -
<br />gagor agrees in execute such further a: sego r,<r.¢.. rv(~ +~rn pen.at,.:n a,.ar-v. r.amages, nn.. r,gh~~ of aoLon and preme<Yh as Ere
<br />il4aetgagee mat require. -.
<br />Thal in case of fxdure to perform any of Ltr <.,+rnanta to rern th,- 3?vrigagee may rto an the A?urtgagvr'~ hehxlf evrrvihing
<br />•e«~ .ar
<br />su rnvenanted; that the A&r>r[gagee may also dr, any act :t rruay deem r. ,. y to protect the lien thereof. that the RA ortgagor will
<br />repay upon demand any rmncys P-aid ar dishu:xd by the 4,:,rtg.=Rr= f::r °.~.. r the ah;;-€• • s. nd s :c!::...n• t- t;ett:er rah
<br />interest [hereon at the rate provided xt coed note shat! t,wn,rnr so urh aridrzeenal rndebterlress hereby =,•curedrtand may hr in-
<br />cluded in any dc~ree tvrertosrng this mortgage and tx paid ,~u: "( c,x r ~:, ~,~ ~.c pn,u•eds ri .:ate nt =a:d prernues if not orhe nurse
<br />paid; that it shalt ncrt t~ obligatory uix;a t .-`,:,r:gag:<- to . zr;v~rr r.._. ih•, ,ah;irt} ,;f ,,. n. - .-., c~_ . ,... ~, ,-ierrn -n au
<br />vsttCtng mono<ys as atrw~c authorized. but nuthmR herrnr .uatatned vhaVt f. ..+n,tru<-d a; ;ryuirrnK the !.1:rrtgagr'r r, a<SY~.^.nz,+~ :: _
<br />monaya for any such purtxxse nor W du any set hereunder; seat that ?,?urtgagee shall nr.t incur any p<-ss<,nzt l:afi~hty trecau-+<- of arry-
<br />thing it rosy do or emit to dv hereunder.
<br />in l}:e -.-e .- o! the detauit by tv?c,rtgayr:r .n +h.- i.ay?rent :.f a _ ~nsta!tme e:! t v th. i:•~tr . ~u n~d h.~r,•bv .,
<br />tLe tx=rtoanaAC ruf [he abL .aLOn in tore ~r ostea¢r r in the nob> se-.. red thereby Ph +.2urtKat:fr =,~al[ hr .~ .,.a., . - i -~ian the
<br />en : 'r -u
<br />debt secured 'Hereby due and payable wrttx,ut .< t ~,< -igsgT r++s,..,.- ~ .. ~,. ~~ ..-, ~....-;the ............ : a?:er w sl;
<br />or bX a receiver io be appointed try the court Yher t ni - rtt+out regard t. tn- i ; a y -f e v a 't th -nd } f. r
<br />c`uted her€dfy, to enter up:;*r aad take n<'t,Sesstua r,t thy m.~.3gage-+! Pr+•mssr-,. amt >r- c riia..t .~rd r . <.i.e -f.s t .,- ur =1 a +„rts
<br />thereof, and apply the same=. less costa of operation and rnittrGon, upon the indehtvdn.,.>s ~. rc-d t v rhi.s m:.rtgagr. emu! ~e•tct=.
<br />isnucs and pmfita being hereby assigned tv the Mortgagee as further security ter the pn- en[ ,rf al! indeb; rdrre,b -:.+ ured herehv
<br />~,a?t e.~.~.. ea.o ~1 _ - r; ;t m . r- fur the nuru:r,:r uF rv-rra~rina -aid prem-
<br />ises, renting tleo isau:e?tt~ll€eting the~reuts, rcvenurnz and income, and r, may pay uue ofrsnd it come all e .es Incurred en ent~
<br />ing Aral managing the same- and of cultetking the rrnfaln therefrom. 'Chr iralance romszmng. e! any..hal!v hr+4app;rr-i towerel !nr
<br />disenarge of the mortgagz indebtedness. This assignment ism t. rrr,mafe and heccmr- r,u!i and .m,. r •= adrav- „i fhu tnvrtgage.
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