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8a - o o b ~S8 .-.
<br />TF[E MQR'dY'AGOR FURTHER t.OVENANTSs ASS: Af]ft15E8.
<br />Thatthe Mortgagor wi1F pay the irn9eL+fednesa as hereinbefare pro+.•ided.
<br />That the Mortgagor is the dieter of said property ir. tee simple arad has good right and lawful authority to sal! and
<br />wnvey the same and that the same is free seed dear of any lien or cacao+brance; and that Mortgagor will warrant and defend the
<br />title to said premises agalnst.tlte daftraa- of all pexaa»a wHa-itsoevsr: -
<br />Ta pay immediately-when due sled payable all generat taxes, speesa1 faxes, special assessments, water charges, sewer serv-
<br />im charges, and other-taxes and charges against said property, and"aft taxes le+.ied on the debt secured hereby, and to furnish the
<br />Mortgagee, upon request, with the original or duplicate retx:ipks therefor. Ti he Mcirtgagor agrees that therE shall be added to
<br />each monthly payment required hereunder ar under the evidence of debt secured hereby an amount estimated by the Mortgagee
<br />to 6e suHicie,-rt io enable the Mortgagee to Pay. as they become due, alt taxes, assessments, and similar charges upon the. prFm~
<br />lees sub}act thereto; any deficiency because of the insulFciency of such additional payments shall he forthwith deposited" by the
<br />Mortgagor with fhe Afortgagee aline. demand by the Mortgagee- Any default under this paragraph shah kre deemed a default in
<br />payment of taxr_s, assessments, nr similar charges requimd hereunder. ,
<br />The Mortgagor agrees that there shall a!s<r be added to each monthly payment. at principal and interest required here-.
<br />under an amount estimated by the Mortgagee in be sufficient to enable tha• Mortgagee to pay. as it hernmes due, the insa ranee
<br />premium an any insurance policy delivered to the Mortgagee. Any deficiency because of the insufficiency of such arktiliooat pay-
<br />ments shall Fee forthwith deposited by the SfortgaKar with the Mortgagee upon demand by the Mortgagee. Any default under this
<br />paragraph shat( Fre deemed a default ir. fhe payment of insurance premiums. If the policy or pniides del}rrsited are such as imme~
<br />owners or all risk policies, and the deposit a e insufficient to pay the entire premium, the Mortgagee mar apply the deprsR to
<br />pay premiums an aisks required to Fae insu.•ed by this mortgage.
<br />Payments made by (fie Mortgagor under the shove paragraphs may. at th? option of the biortzagee" be held by @ and
<br />commingled with other such funds nr its n ads for the yayment of such items, and until so applied, such payments are hereby
<br />ptedgerl as se_unfy for the ur:patd halanre~of rthe mart„age rodehtedness.
<br />To pnrcarrr., deliver In sort rna€rutaia for the bvn<=fit of th«• Mi+rt gagoe during the life of this nmrfgage anginal policies and
<br />renewals *_herecrf, delivered at least t;+n days txaCnrr the r=xoi ration of soy such po9icres, u1_soranR agatnst fire and u4her insurahl>
<br />hazards, casualties, and cronti ngenries as fhe• ?:irtgagee relay r~uire, ir. sr. amou rt aqua[ to the indebtedness secured Sty this
<br />Mortgage, and, in cc+mpanus acc.+•piahla f n Ahr MortLnager, teeth Icr~s pavablo clause in favor oC and 6n 6'nrun aeceLttaF+le to the hiortga-
<br />goo. En the event. any pelicy~ i.. art r r~rtd ~ . ue b. C=:a= trop da}--F nE' iN r,e p:rnt=,n k.I~e y9ar[gsgrrP rnuay {rrcun.; re : ,tn~ancc on thw
<br />improwt+ment's, pat the pre.musmrf hxaedrRr. dnri .:,-h Nom :hard. hcrr~me rmmediately aiux= ~md pa+:aMlc :+rith rata met oat rho rat? set
<br />for4lx in said note untt3 pa ..rod +hall i. -ilrect k t}zt. yrtgage FaiLr re -nn th+= riau rt of fhe Mrt'tgagrvr .. furnish sa.h r vats
<br />as are herein required a•r tartan= to parr e .u s advencec9 hereunder .hatli. at the <,frti:rn a€ tore Moa•pgaeae .: n=titute a~dte(ault
<br />under the terms of this mortgage- The delzven~~+f s;cix p .~. ram steal i. in the ,cent c,f riefauit.:-unstiture an a_ ~ rot ~;[ fhe• un-
<br />earned premium.
<br />Any -sums r it ed 6v the bfortgageN }rv :v;,~.,n •d i. s. ,- ,{smogs ia. cd again<t r. br cetaind by the Mi,rtgagee
<br />and aPpli+at t~_~•d the pa•-:neat ..F the debt herrba -..c ua. o. r at the ;~ptron of the Mortgagee..~urh mums cri her ..holly or .n
<br />sari mat tu• pard -r [u the DiurtRaKnr t . ed to repair wch ; eeldrngs c.r .o builri' new 6u itdmg~ .€ ihev alone i,r ,
<br />other Purposa or ohjcrt :aitstacnrrv cu th«=~+AS,irtgosc~r uithr,ut :,tfrctmc rt:.-':Fn ..n the nr ~rtgagr f.rr the .ill amount .curuirhere~
<br />by before such payment cote twk place.
<br />T,, pr, plly ..:pa -=t:u.. - rehud.` i €! Ito;. - . , r1, _< f ..-... .. ;tit ; , __, .h h .m- r hr-
<br />roene duana„ea4 _ r ie v4 rou-:d. + k+i p i I r ,w.d „ a}.: -.. ~ +-~ ~, . n I a.= _ _ ., -ate s ow , .€= a .. th+r , ,r
<br />claim of iie;x not _ pn:>+ly _+aturrdinated 4 th ~ hen',: n r.. n,et ; > •.uftn•r g t~nl :ic.r .daw~Rrt d : .ray nrt..ance t ~ nn
<br />r.p .- n ,---n,.,r - - - ~. nrrv
<br />Said p: retie a . .. ., uk w._ to '+n 4ii.r , a... [.. -., .. ln. ,, i,. .., . r..t -_ - rehy - - -- - 11 _- -_
<br />Les. valuable, n. . manash _r €mpau tks valor by a xt --; n _.;_ a tc~ + . - „er t P- •ith .ISrre<Niremen- -f .rw w~rih rrnpeat
<br />tax fitw rne:rtgnit, ~€ ;: rr,m["e~ au+. t}:e u..: th<rrenf .
<br />That..s: out;. t.. f .:.-xe -: r ...r. r _r -t:u .ak:€ : -. :ia rc:air t ^r.:+s•.,,. , i s+a. ~*i.€rdi - xproce r c-- ,r a,. ;,nation
<br />prxeedrng. or ;order 4he right ut e. ..•nt damarn. ~ =-that n . the tit+, tr,ag€~e ~liall t ,~nti4ecP :+ alt ~~ mpensatron=.
<br />awards, and ant other payment or rc~iief ehr refor, maa =ballet entitled~ratris option. to +~= m appear i and prez;eeute in its
<br />ovm name any actien ur prc><eedirag, r to make any cumpr,i u, setllemrnt . r set~m with s-:ch taking ur damage. All such
<br />compensation, awarits, damages. right of action and prucec isnare hereby assigned rotithe Mnngagee, who may, after deducting
<br />therefrom alt iks expenses, release any tntmeys so rer•eA•ed by it or :npf-'ly the saanr on any itrdebtednees Seca earl botchy "Phe Siork-
<br />gaga[ ag:ere to exeea4e such further assignments ~C any <ompcnsaumr. awards, damages. and rights of act ton and proceed. as the
<br />Mortgagee may require.
<br />That in ease n( failure to freeform any of the cr. ant.. beer; u, the MortRagrr rosy du un the Mortgagor's behalf everything
<br />so eovensuatar4: that tha Mortgagee may also do xny artait rina,y deem n~. essary u, protect the Gen thereof; that the Mortgagor will
<br />repay upon demand any moneys paid nr disEru read by the 1lnrtgagce for any ref the above purpas and such moneys together with
<br />interest tharean at the cafe Provided in said note shall hccorne " uch additional indebtedness hereby .r red :and n c Ire ; ,
<br />eluded iaf spy decree fes<xlastng this nr~•rtgage nd i+• Ira,d out of the reoU ur prureeds of safe of sarii pre areas if notrotherwrse
<br />paid; that it shall not Ore abligaWry upon the Mortgagee to inquire into the validity of any hen. encmnhrances, a claim in ad~
<br />vartcing :tntnneys as above authorized, but nothang herein rontamed shall l - cnnstrucai as requiring the Mortgagee to odes m~r any
<br />moneys fur any such t'rurttw,e our 4u do any a.c hereunder, and 4hat Morfgtagee shall not incur any pe r.tiunal l:ahdit_r hecausr +,f any-
<br />thing it may +ta, ar omit to do-hereunder.
<br />I,n the event ut the +:ufault by Mortgagor in the payment of any installment. as rryuired by the Note .-secured hereby. or
<br />in the [rer[orrnance ut the ubligauun in this mortgage or in tha• nuu• socu red thereby, the Mortgagee shall be anti fled to daslsec the
<br />drlat secured hereby due an<i paya6ie without Huber. and th.= 9inrtgaRr•r .half he entitled at its option, without nuima, either by rt_,.-~it
<br />or by x receiver to lx• aptaeinh-d by the court Ah<•muf. ernd xrtbuut regani to the adey u:tcv of anv zearrity iur tot= inde65ednass ~•~
<br />cured fs_e[sby, tU enter upon and take po~..nsw u! the r urteaga•ci premises. and w collect and receive fhe rent, a- ors nd {xofiG
<br />tharer~. and apply the same. less casts of operation and collec8on. upon fhe indeErtrd ne-zi w urerf by thi,• morbage. said r.=nta•
<br />iasttes oral pnaffla being hereby assigned fn the hlartgaga=e as furthe=r urusify for the payment o[ ate indehtsri nf:;4 ..ti~ure:t herv!ry-
<br />The Mortgagee shall have the power to aptxii nt :ury agr:rt ~. agent it may desire fur the purpose of repaarmg wui prrm-
<br />iser'. renting rtes same; collecting tha rents, revenues and income, and it may pay out of said income all expenses mcurnYl m nett-
<br />ing seat managing the xatne and of euliecting the rentals there( rum The balance remaining. d : +hall he appLed town ni the
<br />dixeharfte of the mortgage indeb4dness. This asaigem:eni rs to termrnate and trecome null and c"ou+.rupur. release .,f this n..rrtgage
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