|
'SOME ItORTGAGOR FURTHER OOVENAtiTB AND AtiRE$f3: ~~sr+r: U(I t ~L~7
<br />TAat the- $lertAtEar wilt tray xbe r besa»sket*r'e prwid~
<br />Tint the MOttgagOf ix !Re owner at said property in fee wmpie sad ttas gorxl right artd lawful authority to sell and
<br />convey the alma sad flat rhr !aerie n fm tssdcirsr of say Hen sr etttaeabrsnbe: and that Mrtrtgagur wil# w~arrarrt and rtefend the
<br />title to said prrwftrea s~-fie d4Neie of r#-pettoaa~vii6araerer. -
<br />Ta pay- iaaFy whoa. aai'F payable_~ ~iterat'l~is~. spriiai- taxes, apecrat amen+marvts. water charges. wrrrer serv-
<br />i!R eHarRes and other if+xsa and c}rsrges against sat} ptopertyr-snd aK taxes }eviert on rhr rMtr. enured hereby, aril to turniah rite
<br />MnrtEag .. upon~reganst. wit3t yre original or dt.plieate receSPts therefor. The 1.1or1{tagor agmes that t3rer+e shat) be anted to
<br />each monthly payment regnirxd }rereunder .rr under rtes evidence of dent secured hereby an amount estimated by the Mortgagee
<br />to 6e wlfiei~--i»"-etilYlt!, tha-_~sie to pay, as they beprmr due- rN taxes. aeaeasarenis. and similar charges upon the~P+er+t•
<br />lace eatifeet tlrreta: any defMierrry trsgaae of the insatfRciency of such sdditirmal payments whall ter forthwith deprxritrd by the
<br />Mortgagor with the Mortgagee upon demand by the Mortgagee- Any default under this Veragraph shall tee deemed a default in
<br />payment rr! taxer,, ttuaxsrtrents, err similar charges regaited ttereundrr.
<br />The Mratgag©r agrees that there shelf also tom-added to .ach mnnth7y payment u! pnncipal and intetrs! required-hese-
<br />under an amount r-afimatrd by rhr Mortgagee to tw sufficient to enable the MnrtRagrr fn pav, as it }recomrs due, the snsurance
<br />premium urr any trraurarrcv prdtcy delivored to the Mortgagrr..~ny deficaenc}~ because •,f thv snsuMrciency of such additional pay-
<br />ments atiall !w f rthwith drp+rsite><t try the Mortgagor with the Mortgagee upon demand by the Mortgagee. Ahy delaait ender this
<br />paragraph shalt be deemed a default in the payment r,t irraetrance premiutrts. If the patiey or policie-a deposited are auch-mi trome-
<br />awners o all risk trrrlicir-s. am! the drir~its a inau~cient m pay the entire promtam, rhr Mortgagee may' apPty the drpoaR to
<br />pay premiums nn nska required to M insured by this mortgage ,
<br />Pavmentx made by- the Mortgagor under the atone p ra graphs may at the ~~pnun ref the Mortgagee, fee held t,v ;t and
<br />arxnmin;led wrlh rAha^r w. h funds o: sts .. sods G.. rhr -.rarmc-nt ~.f =urh i!rm.. and r:ntd w applied, such Payments are horaby
<br />pledged as security for :hr u creed halanm n~f rrhe mortgage imtef+Mr±nese
<br />Tn [ercv # i ~ ~~ - 1 mar n~a °>r t0 M fat r I "wl: r ,r i rt: th f ri rhr m rtg:nge R' a8 pnl and
<br />rsnewata thereof, lelwnr~rc«sf ref L. asn ten. Sa ~_ ts~tnre chi ; apnrvli [r r ;t r9.. rttiunnR anal mt Cire and ,!her . r arable
<br />lwasirdsx osaualtias..and rrnntingnncias as tlxe Mortgagee ma}' require, r in roue arnouart r toes F,o tlbe iadabtednetra ;:seated by this
<br />Mrrrtgatt'r. vend in ra'.rmpuenae•s ,.c~[rtabir r,~ rhr Mr,rtY,log e,. wet. ti t .,. ay~rhair I r n 'I. rnr r- rri and to form accelrtable to the ':M1tnrtga~
<br />gee. In tk:.r exc~t p 'i.r -t f .~r k t -.. I r r. f ~+ rhe• r"at.rrsP. eg~ •rv f. rcu v. 'an on rho
<br />imereuvnnmemts, Pay rhr ir,u r the rrt~r ,end rck nrtr .h,rlk tl«+ -rsl a%I .., nr{ •.a;vahle Wirth ntrreat at the rate set
<br />{'atth our wrW nxrtrr .tntol poaudrmed chat! t, .r,r rwi M~r the .cute', e f-.slur rte iua~rt e.f rhr 'til ortgagr.r lu furnistr mach r- swats
<br />rx
<br />sa ear Irrratn raxta.rx,.i sr taaiunr rtrx Gray '.y .ums i. {.vac<ed Fo: r u der ~; foul ar '[,}ie• ,opt _~ ~! rhr U:rtgagor. ronsabue a riefaut[
<br />uatdee the trrrrer of thu mongag+• Thr ~lyluvrn~ ,>f ~~urh w.ol~rnp;y +hatl. in afro r-v.~act ,>'< -9aFandL .-unstnuCe an aerrgnmrnt <,f ehr un
<br />ramed nrrmmm.
<br />Anv sums r .red t=y th= ~1:;rtguger bo . _._-. ~,t i.ss .~ damage r n-ri agama m y he- r a nrJ by rhr Mortgagee
<br />and aPPlied toward Chet payment ;;i rhr debt hen-hv ~~ e<+. red. ~r at rhr •~ptrunx~[ the Mortgagee, such t. erthrr wholly o r
<br />part rrta}• Ire Paid ov r to the Mortgagor to tar nwd to repsrr -uch to ridings nr .,. build-new hwldings in ihrrr place or f,:r any
<br />other purtsrsr a abject =atisfact~~ry to rhr Slortgager ~-ath.~ut affcvrtrnR rhr hen ,:n the mortgage for fhe full amount wr .acct here
<br />Icy hekrre such payment ever took p!aee. '
<br />Ta pr<snpilY retetrr rsturr ,r r.-ksr+fd a _ . uddrn„ .mpr ,~ . cots n ~~r he crafter <,n 'hr pr _ wheels may ire
<br />cwme damaged nr desirrsy ed_ to keep -+aid perm=srs do ,qv i ;,, nth tom amt repair anrt tree frurrz any n rrhame :~ ben or other hen or
<br />elairre of lien not exprrwdy suMrnlitwted to the Earn hr-n~oF. ra rn ,alter ~.- .any unlaw~fui u .8 n _ nursauce [n rzrst on
<br />said pmpar[y oor sa penult .H astir „n uaid {rremraea. n,. .+r d«r a other act wlherchy the prnier rtv hereby co vey'«I shall became
<br />leas valvatrlr, our !u +itmtnish <rr inr~uir it, value by ;auy+:rcf rm ~mr.r,,urn t::~ act .,. v _rnPdx ,.dh all rrymrrmentsn.d Saw with n•snect
<br />to tree monsag i premi,aea anti the sear t'h+.-rrr,t.
<br />'!'het slt•.rutat ahe }xeaxuars +,r any part thereat fur taiurrr re,~ <i~rsmage+t I, ~.. r puhLc irnpr: -anent ;., ._., ...~..:na[inn
<br />pnx°e~tr;g n _,,v~:. tier aght of r eon domain. n any nt he.r n rh 1,t ~aag~ r e ,+hell Iw retitled t - ~ II rcumprnsadoas.
<br />awaruis, aned imy ehlerr payenenh o rrettei tlurrefur, ae,drehai; 1~a,; anettfrd, rsat ita~ nta s,:rn, n, ~~rmmeaee. appear in anef prtxsreetie m cis
<br />awn name any scttme ur prucee+img, or to mauve any cimpi'~%mtsr ,. ~•tt7F.r,.-n::. c,..-,. - ~.._, 3.,~., a:c;::€ +>r •}amxga. A!! each
<br />campesestion. avarcls, damegea, right of action era} peoceada are hereby aattgned to the«Mprtgagee` who may, after drductinx
<br />6hwelrom All iW alrpertaea, relesae any ttawteYa su reuaived by it ur eppiy the same on any indebtedness, secured hereby, The Mort-
<br />gagor agaeea to mecuta such further arignmen4 of any cnmla'naat+un, awanis, damngea, and rights nt acth,n and Pr needs as the
<br />Mwtettgea mar require.
<br />Thal is cane of failure to pezk=rm any n( rhr covenant. hr rein. rhr Stnrtgagee may do nn fire Mortgagor's behalf everything
<br />ao covertantad; that the Mortgagee may also do any act rt may .-scary t„ r rotect rhr hen thereat: t!:at the Mortgagor will
<br />repay ypon detrund say trtorteya paid or disbuttted by the k4ortgagee for any of the above purposes, and such moneys togelFier with
<br />iaterastthereon st the cafe provided in said note abet! tfecoms au much additional indeblednras hereby secured and may he in-
<br />cluded in any decree fnecloaing this mortgage and he Yretd out of the rents ur proceeds of sale of urd premises if oat otherwise
<br />pwid; Litat i4 she!! rent tee obligatory uWr, the Mortgagee to inquire into the valid"sty of ana Iien. r cumhrancrs. or claim in ad-
<br />eraaciAg'„imaAeya as. sbw•a autlwrtaed, but avihfng herein core!=fined shaft lee c._atstrurd as renuirtng the Mortgagee to advance any
<br />rapa4ya,, icu:agy ouch pttrP4W !tot tv rip any act hetaurtder; and that Mortgagee abet! nu! fttcur any personal liability because tit any-
<br />thiwl-dt,p~y do or omit to do hereunder.
<br />In the event id the de[ayii by Murigsgor in the payment of any installment, as required by the '.x:atr secu red hereby. or
<br />.lit the trez[o®anP" of the obligalian in this mortgage .,r in rhr note secured i.hereb; , Lhe Mortgagee shalt tee enUb'ed t<r <ietlare the
<br />' daER.ilja+ttad lt?scbY_ due,and p#yaWe without notice, and the Mortgagee stroll t>e ealitled et its option, without notice. either hY i[aell
<br />nt lq! ~I. tetraisei to be appointed by the court thereof, ami wittwut regard to the adequacy of any security for rhr irrdebtedneea se-
<br />tsiJaa~ ifQabY. to-eater upon sad take px`siuon <rT the mortgaged prerrtiaes, artd to collect erx3 receive the rents, issues and prol~la
<br />tteer~;-ta+d~apFty rite aarrrr, lrsa frnb of t~eratan an.f rt+iteztion. !lean fhe -indebtedrtrss socured Try this s~oztgag>E; raid rea-ia,
<br />iaru~:lmd trrtiit.-6terag hetebY asaifmad to lira-ASort%agae as further ascnrify for t!-s t~ym.-nt nt a3# iud~irio:.ne~..; ecru i herrt+Y
<br />Tarr Mortirr[t'e shsU Nava the power to appoint any agent or agents rt rrtay slen:re fur rh: ; ocean ..f rrearring seed prem-
<br />aas; rasttrag tiu same; aaliestia6 fhe recta. rrvenuee and irromr, amd it may pay ovt of soul tncorne aiI exprraea +nrurrad to rent-
<br />ias lead atoms the •me and d collt'e4inE the rentals theratmm. The balance remaining, it any. shalt tee applied towaM the
<br />dlecitasar d flea read~apr• ice. The aatugatnent is to terminate arty! become null and void upon release of this mrrrtgage.
<br />L
<br />
|