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<br /> - ----'—�,� � ` � , tiort�a�or covenants �h�t` it ts-�at�fuL1Y--aeized �� the . _ - _--�- - -
<br /> �� •Kortsa�ed. Property.: �hat it hae auEhority to nort=ass tbs,aa��i ,: _
<br /> --_�� -=_--
<br />-- .::t ' ttiat the Kor.tgageEd Proper�y ia free` at�d clear of all 1#sna. and - ___
<br /> ��'` encu�ebrancea- sxcept. a� •tated abavQi and that it will forever -_ �_.
<br /> �� xarrsat and:defend the title to ths !lortsased Property aRa�nst tb�R -_
<br /> laNful clafaus of all pereone. .except. as stated abvva. �__-- -
<br /> - ��.---
<br /> , �`_.. . . . . ::, -__-----_,
<br /> " •" ' - ` ;I. D� t. _!lortsagor will punctually pay the princfpa].. s �.
<br /> ..:�_ ,:. _ . :
<br /> , ` ` ' _-� • fnterest, and a21 other_s�t Nhicb _beco�s due undsr the Nate, thi8 - .�' — __�
<br /> ��. : liortsa�a �or any 'bther ,aareea�ent securins•the Note. "-A =- --
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<br /> _\..'yY 'Si.�. `�l` . . . _. .� `...R
<br /> '������. 1 ' . `. 2. Ta�ns snd /1�'sfssw�nts. MQrtaa�or sball pag each •. : _
<br /> r,�_ � � -
<br /> ''�'!`� y��� '� instal2sisn� of sll,taxes �nd, apscfal•assessmente of every kfnc�;.; . � �.
<br /> .9',:�.��'�, . , . 'r , ,�f:^
<br /> � na�► or hsre$fter l.aviod and a�aessed asafnet ths !'Iort�a8ed:,- ;
<br /> rt:-��._•. , ,f,�`..::-
<br /> -;r- - - PropsrtY, os any part thereof. befoTe ths sawe beco�s. delfnaue�k, y : - ��.
<br /> ` ��������- • withaut noti�ce or. .desand and sha�I delfver� ta !lortSasee, an: ari.'� �#; r -
<br /> �=:--��==;�. � , b e fo re the te�th day preced'i�s such deliaquency datie, prap4r .i . ' '
<br /> . :,.. ,�•••. , �.•; :
<br /> `::'�:....;nj,�:ki ,
<br /> �; s,'.``;,�,�� receipts o���v.c�c rtequfred payaents. Mortsasar NfL] also paY ;�ZZ � - � _
<br /> taxes (exe�.uc�fns eatate or. income taNCes)_ ar assessmenta wbiah i�rtay .• ��:j'
<br /> '� •`- be levie� ripcn the I�tortgagee'e fnterest heF-ein or upoa ttl�e � � � _
<br />, ` �.: '.•. . . _ „
<br /> " � � MortEaae or the debt secured hereby, without regard to any laFe, .,z
<br /> �:, ..
<br /> ' � that may be enacted impos�ng paY�ent af the whole or any part;i , , '��
<br /> • ;'�. �
<br /> - thereof upon the !lortgagee. , � � `�
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<br /> . . . . . . .. .�,
<br /> ��� � • � ' ' ` 3.� Insuranc�. Mortgagor will kaetr t3�e improvemente -. '� • - _
<br /> � `�i . ,
<br /> - � •� �`' (exclusiv� of foundations) insured in aa amount equal to the ;: <.
<br /> ;, �.�«�':'•�:�.'; � actua2 cash valus against lose by f ice and exterrded aovera8e.� r� �' . . �`
<br /> �.:;::�;';;��+; inauraace, malicious mf sahief and vandai ism and such other loasea.. � ' �� � •-�
<br /> . r;;.�
<br /> � � ' ar hazarde as may be e�peci�ied by Mortgasee. Sucls ineur.ance �bal] � � `: ' r�
<br /> : ' � in all reapecta be satf�factory to Mortgagea an d 9ha ll cantafn .a � �. � �
<br /> � •� ' - standard mortaage clause in favor af l�iort8a8ee and..an endassemenk� �. -
<br /> � requiring !en daya notiae prfor to canoellation or afgnificaqt i ,
<br /> ' • � ' �:aadificatioat poliaiea of suah insurance ahall, be delivered to � .
<br /> • �� 1'lortaagee upon requeat. All proaeeds of such ir�aurance shall be� � • � _
<br /> ' � paid over to. MortSagee to be app2ied, at the option of th� ' ; � __
<br /> � l�lortgaaee, either to the prepayment of the Note, withaut premiumr,.. �'. . :_
<br /> � �;,.��; or to the roat af any repair or restoration reguiced because. of : ; _ -
<br /> `��`'-'- � daa�ae or deatruation to •the llortgaged Property. ; �
<br /> ;,.,,,,. • ,
<br /> Tau and 1n�urance Sscrow._ If required by Mortgagee, 1 '"
<br /> . �, . 4. : : � '
<br /> � � ` l'Svrt�agar ,will paY to I�ior�gaSee monthly, or periodica11Y� as ; , �, �
<br /> �• regnired by Mortgagee, an inataliment of the taxea and asaessmenk�; � � ! : •
<br /> ' levied and assesaed or ta ba levi�d �nd, assessed on the Mortga��d�• ; - . ' : .
<br /> Froperty• ancl an inatallment of in�azance premiuma that will :
<br /> ` -� become dus and payable to renew required is�aurance. evah ':
<br /> ' £netallmenta to be in amounte suf�i.cient to accumulate the eums� � _ ' _
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