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<br />'P'HE MORTGAGOR FURTHER COdENANT3 ,AfyJD AGREFS_
<br />That the-Mortgagor wilt pay the.-+:rtdefrtedruss as-hereinbefore provtded. '. -.
<br />That the Mortgagor is the-osvrter of said property in fee simple and has good -right and lzwfui authority to salt and
<br />convey tr, same and that thesatne isfreeand clear of arty lietr or eneuinbrance: and drat Mortgagor wilt warrant amt defend-the
<br />title to said premises against'the-claiios of all persons whotnaoever.
<br />To pay immediately when due and'payabfe elf genera["taxes, specie[ taxes, special assessments, water charges, sewer serv-
<br />ice charges, and other fazes-and charges against said propel{y; and all fazes levied on the debt secured hereby, and to furnish the
<br />Mortgagee, upon request, with the original or duplecate _ receipts tttere[or. The Mortgagor agrees Lhat -there shall be added to -
<br />each monthly payment required hereunder ur under the evidence of debt secured hereby an amount estimated by the Mortgagee
<br />to be sufficien# to enable the Mortgagee ter pay, as they become due, all taxes, assessments, and similar charges upon-the prem-
<br />ises subject thereto; any defciency because of the insuttciency of such additional payment shall he forLbwith depasfted by the
<br />Mortgagor with the Mortgagee upon demand by the Martgagee- Any default under this paragraph shall hr deemed a default in
<br />payment of taxes; assessments, nr similar charges -required hereunder.
<br />The Mortgagor agrees- that there shaft also tree added *.o each-monthly payment of principal and interest required here-
<br />under an amount rctimsted by the hortgagee to he srt(ficient to enable the i.4ortgagee fo pay- a. it hecam . dues, the insurance
<br />premium an any insurance policy delivered to the Mortgagee. Any deficiency because of the insufficiency of such additonai pay-
<br />ments shalt be forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Dortgagee. Any defa•L•It under this
<br />paragraph shall be deemed a default in the payment of insurance premiums If the policy or po{icies deposited are such as tmme-
<br />owners or all risk policies, ard the deposits a e insuMicieni, to pay the entire premium, the Mortgagee -may apply the deposit to
<br />pay premiums on risks required to be insu reel by this mortgage.
<br />r ayments made by the Mortgagor under the above paragraphs may, at the option of the Mortgagee, he held b-y Ft and
<br />cammineled with other such funds or its own funds for fhr payment of such items, and un±il so a~;k^rl, sorb p^ymerf; a,~ hrreF,y
<br />piedf~.d as sera ty f fir p id hat t f tt n- [g gr dehtrd c _ R
<br />ra pr irli.- [ end r nta n far tt h nrfli -t th A4> t age. iur ng tt li of th q m~igmal poiici••>and
<br />reucwals thereat[. deli rest .mot la est. fern ia~s iarf.r fhr xxprrattan r,f any wch pour. n.., i ang agat d u*--her urahie
<br />txazards, casualties, and <ontrngenctes a5 t`te M'.ortgagee may rryuer n an amount ualu to t~ inde s ured rrby this
<br />htoKgage, and in atmpanie= acceptab3. t t . yf t i,e th Ic.. ~ pnyal [ .soar in f rf and rr~grm ace e the :ttnrt.ga-
<br />gee In rho eve nt an5 poE rt r i t f: to {av f t Yi rauno t Mortsrat,e fnzp I r. roc c n the
<br />improvements, pay the prrmi nit r f r d h halt F c. r tm"d at .I iu a, pa abl ~ ~C faecal t -• et
<br />forth m Bard n tr anti! ,raid 3 J hll. t ur 1 i tht. r lkage_ Fa lure on the part -.f [. Mortgagor fi~ Wish s~re Ovals
<br />as are herein required or failure to pay ar .ems aduancednherrunder shall. at the upturn of t Mnrtg~~~~~~ger.~onsti to ~ default
<br />under the term of this mortgage. '['hr rirlia~ _ of much palirrra shall. rr. the Barr. of default. eons ute ~sigt rot rhr un
<br />earned prnmium.
<br />Any sums r c,-eel by the Morigagcw b ~sor. •rf los or damage ors reef against may he ref-" eel h ihr Stortgager
<br />and applied toward the payment of ihr debt hereby =e cured, a at ihr r-pttun ~f the Martgagee. such ..u wholly nr rn
<br />part map be paid a r to the Mortgagor to },r used to repine such buildings o_ ,n build"new huilrlings in their pace r,r for any
<br />, r Purpox r object ~atrsfactory tr, fhe Mertgagc•e wdhnut ,oTrrting fhr Gen ~~n fhr mortgage far fhr• full amor. of ~+<un . ,~, n
<br />byrLk•f„rP such paymenC r~r[ tav~k place.
<br />Tn pntmpt.fy zrparr, rrstrovr ~ rebuild anc Lurldmgs ,~ mproa ernent_v sr •r hereattor •~n the P[ern u.rq which maY trr-
<br />cwnae dxunagert nr desln,yrkl: ro keep as al ; .,r . • ><Ki c,neh torn :uul re Parr and free trunr any e~.re}:anrr~•• I,rn •rc ocher h or
<br />clot of lion not cxM1rrx~•-uafy sutwrdinaf rd fo fhr hen-hereof ncl to sufllr .~ rrnrt ~, ninwfnl ~c .- rrt ~ - r -, -e to r„ +t n.
<br />said f>r<Haerty Weer Oar Ix~rm,t x;rxte or. said pram iscs, na. .o I„ sear .Hher a.. wh<, .,,r y,r.,prrtr ,r retry a -eyed snob tmau ,t
<br />teas vahtable, nor i~<: d~imuu ~ r impair rte; a•afue :y ar,a art • ua; n t -+r:t Ie r~. tdv +s rGh ~ tl -l ua~en - „f Isw - th r , rs;t
<br />Lo thc+ moztgaged p.remimrs ard the u,r then•u(.
<br />'c'hat should[ ;{re pr , or any part then-ui txr tska'n ..r damaged by r -„ ,:f .~u a pulehr nnph>vwntrnt arc coralennraGon
<br />pnxeeding, c c under [he nghe of rs. •n{. domain, ~ any other manner fhr Mortgag,-- -bait b, "rr riled o :d, r_ nsauons.
<br />awards, and any other payment or relief therefor, and shat[ be entitled, a[ its npttan, ur ru mrncr_ ap{s•ar in and Prosecute i it
<br />own name any action or proceeding, r to make any comprc>_misr c. settlemem m r. r rclmn as i[h web takuo,• nr darrtage.:111 such
<br />compensation, awards, damages, right of action and proceeds are hereby asatgard to'the Mortgagee, who may. after deducting
<br />therofrom all its expenses, release any moneys so received by it or apply the same ou any rndehtednrss srcureri hereby. "I'he Atort-
<br />gegor agrees [o execute such further assignments of any comprnsauon. uwxrds, :ramvges.:uxl nghts of eci u,n and pnxrreis as the
<br />Mortgagee may require.
<br />Thal in case of failure to perfonu any of fhr roverra,rt, barer u. th,~ Mr;rgagr.~ m .~~ ..: ;b,~ Mongagor", krehelf rcr rything
<br />so twvenanterd; that tfie Mortgagee may also do any act rt may deem n. ~sary f.. p: otevatr th< I ~~r~ ;hrr~%,i. drat the !t„rt ;agar will
<br />r?pay upon demand any moneys paid ur desbu rsed by the b9ortgagrc for any crf the afwve purpus . and such moneys tagrfher with
<br />interest thereon at the rate prrrvided in said note shall t>e<amr .w much arirdilaonal indeb[rdn<•ssr hereby seeur 1 and rosy he in
<br />eluded in arty decree foreclosing {his nu;rtgage and Ix paid out ~~f fhr r, ..n' leer. oats „ ;ale ni .uul pn•uu+e~.. if out othrrutsr
<br />paid; that it shall nut 6e obligatory upon fhr Mortgagee to rnqu:re :nru e1r hn ;~abdrty ,•i a y Ie-n- r cumbrances, ur claim m ad-
<br />vancing munays as above authorized, but nothing herein euntamed shall tar aurrntrur.i •:n rc-yu+rng tho ~lortgager to advance ;
<br />nwrteys:fnr~ an,Y such purpose nor to do any act irerrunder, and That Martgagee v.hall nut ;ns~ur a ~ {,rnunal hahrhty because u( anv-
<br />thing it may do or omit to du hereunder.
<br />in the event of {he default by Mortgagor in the payment of arq msi.allm.;m, a raquued by fhr• Not+• secured hereby.
<br />in the performance of the obligation in [his martgag+'- nr in rite note : •eurod ihenby, thrsbtartgegee shall b,- ,~nlrlled to drv_tare the
<br />debt ~Y:t r+•=1 h e due ~d payat?ie without .wtise. u .gages s•:ri; f°~€• ~ , _ . , s •, c.o-t - , . ::her ny ir_~,li
<br />or by a eecetver tajbe appceinied by rhr court fhr: cart. ,, nd •xiftruut regard t.. fhr- ad:-gooey ~~, any s..c.r rit:. free the indebtedness .c•~
<br />Cured hen°eby, to enter upon and take pnst•,es'sion of fhe n-ortg::ged prem. il ard 4r rolte><t and r.. r fhr r-nts, r•.. sand Profits
<br />thereof; and apply the same, .less coats of operation and collection, upern~the indebtedness srcumdr by tilts mortgage; said rents,
<br />issues arr6i profits being hereby assigned to tfie Mortgagee as Further security for the Iraymr,^. t. of at! ineiehiednrss secured hereby.
<br />The Mortgagee shall have the power to appoint any agent or agent it may desur ten fhr purpose of n•par ring said prem-
<br />ises; rentsng the same: collecting [he rents, revenues .. nd incan:e, arrd rt may pay out of soul r come all exprmes tncurr..ai cn rent-
<br />ing a`n'y .ir Waging t - s- - -- - :v --ung { en ` "'hc haiance remaining, cif any, sitati ire appheri tuwani the
<br />discharge crf the mortgage rindebtednesa rThis assignment isntorterminate and become null and +,uid upon rrlrasr u( this mortgage.
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