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THffi MORTGAGE IS Ali,$O TO BE. AND COKi7NUE TO 33E, FROM TI31>E TO TIME, SECURTI'y FOR "i'I/E PAXMENT GF $UCH SUM OR SUMS ~ M(hVEY AS TlIE 1tiOH'fY}AGEE MAY FROM TIME TO TIME IN THE FITI'tIRE ADVANCE TO THS MOB7'(1AOOR, AND BVHIE[VCBD BY A SilPPLEMENTAL NOTE OR NOTES. BiTI' PIOT TO 8%CSED THE TOTAL OP i. _SOz.QOD.AD ..... -..... BXCB~1` FOR ANY ADVANCPS THAT MAY >HS MADE TO PROTECL THE SBCORITY IN ACCORDANCE WPI'H TEE TEBM.S OF THIS MORTGAGE. THE MORTGAGOR FURTHER COVENANTS AND AGREES: ~sU--(141'" 3 "~ 0 That the Mortgagor wi)i pay the indeb}ednees as hereinfrr(ore provided. That t#fe Mortgagor is the r nee of said Property in fee armPle aryl }tan good right seed lawful autlmrity to sell sad mrtvey the same ant that the same is free and dear of any lien or ertetrmbrence; and that Mortgagor wilt warrant and defend the tltfe to said premises against the chime to all persona vrhorneoever. To pay immediately when due and payable all general taws, spedat taxes, special aeaeasmenta, water charges, newer xrv- ice charges- and other taxes nerd charges against said Property, and all fazes Peeled on the debt secured Mortgagee. upon berebY. and to fnrnish the requeet, with the original or duplicate receipts therefor. The Mortgagor agrees theft there shall be adds} to each monthly payment required trereumter ar under the evidettco of dept secured hereby an amount estimatwi try the Mortgagee to btr strB+cient to enable the Mortgagee to pay. as they become due. all taxer, asttesttments, and xitnilar charges upon Rbe prem. lass subject the[eto; arty de&dencv because of the insufficiency u( stub additional payments shat! be €orthwrth deposited by the Mortgagor with the Mortgagee upon demand by the Mortgagee. Any de(anit under this paragraph shall he de«tnrl a d«tault in Vayment of fazes, assessments, nr similar charges requirM hereunder. The Mortgagor agrees that there shall also be added to each monthly payment of principal and interest required here- under an amount estimated by' the Mortgagee to be str6uient to enable the Mortgagee to pay, as it fret mss due, the irm[trance premium ore any irrwrance police delivered to the Mortgagee. Any deficiency because of the insufficiency n( such additional pay- ments atoll fie forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Mortgagee. Any defaWt ureter this Paragraph nhatl be deems a default in the payment of insurance pxmluma. If the policy or policies riepasited are such as•home- arrrrcrs or all risk policies, and the deposits are irwtdfident to pay the anti rr premium, the Mortgagee may apply the delxsit to pay pxmiu.ns nn rats required to be inwred by this mortgage. Payments merle by the Mortgagor under the ahoy paragraphx may. at the option of the Mortgagee, 1>P held by rt and commingled with Mher such funds ar its own funds (or the payment of such items, and until so applied, such payments are hereby piedgvti as security for the unpaid balance of the mortgage indebtedntres. Ta procure, deliver [o. and maintain for the F,ecefit of the Mortgagcv during the life of this mortgage anginal policies and renewals thereof, delivered at least ten days before the expiration of any such trolicies, i inK against fire and other i arable hazards, casualties. and mntirogencies es the Mortgagee may require, in an amount equalu to the indebtedrtras secured by this Mortgage, sect in rompanies acceptable W the Mortgagee, with Inns paysble clause in favor of and in form acceptable m the tlartga- gee. In the event any policy is no[ renewed on nr before ten days of it expiration, the DlortgaKee may prat a insurance on the improvements. pay the premium therefor, and such sum steal! become irnmwhately due and payable with infrrr~t at the rate sad Furth in said note until paid and shall be secured by thts mortgage. Fa,lure on the part of the Martgngur a, furnish s,eh r as am herein aired u t newels req r failure to pay any Burns advancwl hereunder .hall. at the option of the Mortgagee. ~ unsntu!e ardefault under the terms of this mar[gage. The delivery of such policies shall. m the went of default. , rate tote a vaiKnm,-nt of rhr• u earned premium ° n a. n Any sums rea:eivecl by the Mortgagee by reasrm of loss or damage in.. red aKamsr may !rr r.•ta[nr~l by the \T,.rrgaKr~ and apphd toward the payment of the, debt hereby secured. or, at the option of the Mortgagee, such sums rtther wholly ,•r rn paK may be paid over to the Mortgagor to be used to repair such huildirrgs or to bmld-r w twildings m their plan ..r h.r any other pa rase or abject satisfactory to the Mur[Kagee without aHea-ecru the hen „n rhr• m r the`; ant .. by Ftrfure sari, payment ewer took (dace. •r•- ~ .' w am, .an ~~ rare 'Pa pr..mp[!y rrpai r, restore r rehudd any tmddings or imprn~ mint, now .:r nemaitcr on the prr•rni„-, whuh m _ come damaged or drstmyed; [n keep said pr«mi-ses .n ganef ca:xiilian a ~ repair amt tree from a mrcitanic".c l:rn nr other ~- a claim of Eien ru,t expressly sukarrdinatrd to [he lien hereof: nn[ to suffer or prrrnil env unlawful use- :.! o wsan.e v. „ wt •',r said property r r to permit waste on ewid premises, n. r to do any other act whereby the prutx-rev hrrcbynco nveyrd shall hacome less valuable. nor to diminish ur impair its value by any act or omission to act: tr, nrmUW ,nth all n•gwrementsnef Iaty with r,-.pr•ct to the mortgaged premises and the use thererrf. That should the premises ar any pea thereat tee taken or damaged by reas,m of a y public impnrvrmrnt ,~ umdrmnaLon procetxling, or tender the right ut eminent domain, or in any other manner, the Mortgageenshail br rntnled n, all , mprnsa Unns, awards, and any other payment or relief therefor. and shall be entitled, at its option, m commence. appear in and pnrect,•u to m ~t tram reams any action ar pra;eeding, ar W make any armpromise or settlement m counecUun with such taktnK or damage. All .uch contprnaation, awards, damages, right of action and proceeds err hereby assigned to the Mortgagee, who may, after rletlurtinK therefrom alt its expenses, release any moneys so received by it ar apply the same on any indebterlnes scv:ured hereby 'T'he M~rt- gagor agrees [o execute such further assignments n[ any compensation, awards, damages_ and nghts ,•( acbnn east pr«~rrd. a. the Mortgagor rnaY require. That in case of failure to perform any of the covenant herein. rhr Mortgagee may do on the Mortgagor s behalf ,~ nthug sn covenapted; that the Mortgagee may also da any act it may deem nrctssan ^r protect fhr lien tterreuf. that th« Mortgagor wall repay upon demand any moneys paid or disbursed by the 'viortgagee for any of the stows pu manes and such more„ t„gether wtU, interest thereon at the rate provided in said note shall Far sine su much arldihanai indebicslness hereby srtvrrd and m v he in ducted in any decree fortxlasing this mortgage and be (said out of the rents or proceeds of sale of said prrm,aes d not &therwue Patel; that it shalt not Ire obligatory upon the Mortgagee to inquire inW the validity of any hen, encumbrances, o claim in ad- vartcing moneys as above authorized, teat nothing berein contained shall be co[utrued as reyuinng the Mortgage. t . arlvaru•e any motleys for any web purpose nor to do any act hereunder, and that Mortgagee shall nu[ incur env personal hahditc twcnu„• „i anv- thireg it may da ar omit io du r reundar, In Lhe event of the default by Mortgagor in the payment of any matallment, as required by rhr• Nute secured hen•bv. o in the pezfonaance of the obligation in this mortgage or in the note secured thereby, the Mortgagee shall t,e enutlwJ w dw:lan• the debt apcttred hereby due and paysble without notice, and the Mortgagee shall be entitled at :ts option, wuhout nottcr. either by ifaell of try a receiver to be appointed by the court thereof, and without regaxl to the adequacy of any security fur rhr inclebterlness se- cured l.exbY, fu enter upon and take poasesaion of the mortgaged premises, and err collect and receive the rent. i,sue•s and pndit tltaraaf. and apply the same, toss coats of operation and rollectinn, u(xm the indebtedness srcund by this murte_aer.- u„t .. .,ut a _ _ _ -~--- .-.-~... ~+Q ,`xroy assigned io [he Mortgagee as (umber security far the payment of nII inde•htedne:.n .w•a acrd 6rn•M. ~ -. _, ' `I'!a• Mortgagge she!! have the power to appoint any agent or agents it tray des,re fur the pu rpute ,.f n•Ua,rt ag oval pre•m- itast: renting the same: [wtketiag fete rent. revenues and income, and it Wray pay nut of said mconu all rxpens<•s er rurr..l rn rrn:- ing ttaad managing the same seal of calltretit,g the rentals therefrom. The testator rrmatnine..f any. shall ta• applied [..ward the dnc•Itarge of the motigage ind~tedac a, This asslBrnrtent is to eertninatn and FxY-Dint null amt sold u fwa rate-nse• of thin murtgago.