|
~~- tj(I;~'13
<br />d. For better security of the irtdebtedness hereby secut'.d, upon the request of the mortgagee, its successors
<br />or assigtut, mortgagor shah execute atul drit-ver a supptaaentat mortgage or mortgages covering arty additions,
<br />improvements, of tuatertrterits tmadr to the property haeinatxlvr described and all property segrired by it afta
<br />the date Itaeof {alt in farm satis#atxtyry is tnongageef, Futhermtyre, shauid mortgagor fail to t:•arr aoY default
<br />in the ^vytrrrnt of a prior err inferior eruatmbratzce ~ the prpperty described by this instrument, mortgagee hero
<br />b7' agrm to txrttrit mortgagee to cure such default. but ~VRre is nee obligated to do so; and stxh edvancxs
<br />shaft bectune part of the ittdebtedttess setaued by this inattvmmt, subject to the same [erms and conditions.
<br />e. The righCS orated by this grneyance shalt rettsttin in futl force alai effect during any postponement or
<br />est msitm of the ttmt of the payment of the indebtedrtrss eviderteed by saki promissory ntyte or notes, or any
<br />part tleercof scatted hereby.
<br />f. To contittatousty rrtaintaia Itarard insurance, of such type or tppes and in such attlounts as the mtxtgagre
<br />!nay from time to time require on the improvements tttsw or islrraYta on said property, anti wilt Pay promptly
<br />when due any premiums thaefot. A[t insutatsce shall be carri~dtn companies ae~We ee mortgagee atxi the
<br />pttlieirs attd rtttewals thereat sltaU be held 6y tnertgagtz attd have aita~td thereto toss payable ctausea in fauor
<br />of atx# in Corm asceptats:c to the rtlortgagee. In event of loss, mortgagor will give immediate notice in writing
<br />to mattgttgee, and mortgagee may make proof of loss if no[ made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make paytrtettt for such loss directly to mortgage
<br />instead of to mortlptgor and mortgagee jointly; and the i95ntanlr proe_•mds, or any pan tbzrasf, may be applied
<br />hY rrtortgagee at its option citha to r.he rcductien of the indetstrdttess hereby severed err to chr restoration or
<br />repair of the property damaged err ekseraytd. In evrm of Comtosure of iMs mertgage, or other trartsfer aC title
<br />to said prcrpsrzY in rxtinguislrmrnt a>f the indebtedness secured haebY, all right, [ilk, and interest oC the
<br />tnortgagar in sort so any insurance policies then in farce shall pass ro the purchaser or mortgagee or, at the
<br />aptlon of tttr s;narattagcr. may br sunendrtred far a refund.
<br />JF To keep a~i! iwitdiags and other improvcmenis an said property in fwd re
<br />g pair and canditian; ±o
<br />pexmp. commit, err suffer ao waste, imPavtaent, detaiaratiatl at' said property err any part thereof; in the event
<br />of failttrr of the tnongagar to keep the huildusgs on said premises and those erected cm said premises, or
<br />improvements Charon, in good repair. the ntttngagee may make such repairs as in its discretion it may deem
<br />ttecasary far the Proper preservation thereof; and the full amount of each and cvm• such payment shall be
<br />imu ~iat~y due and t%tYalstr, and shall be secured by rite itin of this mortgage.
<br />, . iu uW toiunsue4iy ~ereu ,K t,rrmrt [n or srcatttt against me proper +ubtect to tn:s mortgage arty !ten
<br />err i~ infertar to the Lm of this mortgage wtvrout wrattea 4ansen[ of the mottgaerr; and father, that mart=
<br />g,agor wilt keep and maintain the same tree from ehe claret at aq Dersons supptying tabor ur materials Car con-
<br />ntrut-iron at anp and aft Mnlditlgs err ttapr:ytetrrents now bring erected or to i+e erected an said nremtses.
<br />s rat rcttt .x a~=get a~ty,~~, r'f the rrttt of said ;na^,gttggd }~rtyt'~.,v .;r ;}e-mciisf~, or remove. ur
<br />uetbstattttaliy ahxt am hrtrltdir_.g ti<tt~aut the wsiuen uxtsent of the inartgager. -
<br />,_ Alt. aw:rats Ft..o to .:o•t;ae. w,.,, a.-=y e.y;.demr~tirrr for p>Ihtic „-- ,-' _," - .iurY to aav of r-
<br />prnPerty sutylecz to this moriaagr ere hereby assigned and shat! be .,a"a to :nort~ager, +~ .,may awry t~ ~.~ €u
<br />payrrsexti of itu instaltmeots test due ui>der said rtotr, and mortgagee is herebv authortzecf. m zhe name of the
<br />rnortga7tar, to exr>~ztte amt deliver o--atid acgtiittaucrs thrrcaf end to appetti from any such award.
<br />k. Tex mortgagee shalt have the right to inape,:t thr mortgaged premises at any trasonabtr time
<br />!. To comply wuh the provisions of any }case rf this Mortgage is an a leasettoid. ff this Mortgage is an a
<br />trait m a condemtmum tx a plattrted unit deaciopment, Horrawet shat! perform all of Horrowrr'<. abtigatiatts
<br />utt~rc the dectaratean err covenants creaetng or gov@rning the eor/domrntum or pkanned snit deve}aPrnent,the
<br />bv.laws attd rrgalatians of the condarrriniuaal or ptattnrtt affil devetapmtmt, and cattsatuent dorumrnts.
<br />2. prfau}t rn any of the coseruu-ets err ^.auditions rf this ntstrumrm err of the note or lean agermrm rc4ured hereby
<br />shall tam:ttate the mortgagor's right to possesswn, use, atbl enjoyment of the property, at the option of the
<br />morte err autgtta in being agterd chat the mangagm shad have such right until defauttl" ijpan any nub
<br />default, flee trjtyrtgagce shalt htx^ortte rtu owns of a!! of the trots and profits actunng afta !tefault as seeurtty for
<br />tltr utde#gedaac secured tgereby, with the right to enter upon said property fur the purpose of collecting such
<br />rrnts arxi igoftts. This imartrmant shat) operate m an irsaignnrertt of a~ rentals on said property to that extent.
<br />_. €: _ tr~.trr aeiattts. a ft~ is rtsdte any fiaYments when due w to conform w and comply with env of
<br />tlxr t`txsditttsns err asreceettts €~tatta+d in th-.i_q trt~t or thrv :+asia Ftt.ch it sc~ures. titan ttte enure prinespa}
<br />stria and ac-r:teed intaa~ shall at once tues,onrr flee cruet payab~, and draw _ ` _ per :-rm t 1f?.54?rrnt interest
<br />tltitttat#tsx tnnil at tlxelrrt~ of the mortgagee; and the! merge may thereupon tvr farec}osed rmmrdiately
<br />f# the s"'ttetkr of tttr itttlebs~ztttess hereby ssaxtred. inrlind}ng the +atxn of extending the abstract +yf tiNr from the
<br />dsse of this moe°egagr to the titre of cenutteatcing such sun.
<br />Sixteen atyd orte-ttal~
<br />#• let the evera of a ftxt*c~ttaute tx daiattk as prorti~ttl heron, the mtxtpager shall at ont`c hr rmnled to the txrs-
<br />i flee. acrd enjoyment of the rtal estate aforesaid arttt to the rent- tssurs, rayahtrs, artd prattle tixreof,
<br />ht~ the aurruirte of z!Klt rights sad during ttte prndem7. of ttxeriosure pracct^dings and such ;xxrrss:arn, .ti ,
<br />i+'at tae dt~veted to ttte tttort~,tgee apart retjueat, aeon failure such delivrn• aR' ouch t#nsrsansn ens; hr
<br />+aitart~rd by snort; fry any atgtrot>;rplte leipa! pnacardingy. irtclud
<br />iltg a tRYY1Yer toy! ttkr piet1er17.
<br />S. '#lm Prat of any salt>af satrl prt>~ttY =n as_-ds~x rxth tit.: !`° ~`6°tiit~ }raragtap.= -.~i ~ siH?=:eE9 'its; :-
<br />ptrt the castle seal exprrrers v# sacra sit#, the exPeaers irtrttrred ~x t?sr nmrt~aeP +~• ,?+~ p[rr+4~• r;t „ ..._ - _ -.}
<br />- - 'takl prottrr'tY. =;~ndlY. ity fray the ixut€hi=1n.,± -_s,.,,l t,~_t~: ...n. , .,d#:.., . ,4-*; . -
<br />exeexb qst titer t.ersrsn .• Evet'sx tm~[aliy~ tturticd tttrretn. ~ ~ .
<br />
|