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92101825
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Last modified
3/14/2012 3:02:54 PM
Creation date
10/19/2005 3:08:05 PM
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DEEDS
Inst Number
92101825
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r ' . ;i; . ,p0?�II�iJ �T��� � �� r's��il.e..�•�rl� �.� � • ,..`1 i f- ,i t��j�'aserw�....o...- <br /> ��r - ��l4���A►�-L. ,r• - .•' .. . _ '1°�•i:���'� �„r'-� �.����t _"y+!.•ii��, _ _ <br /> Y::P.. .._.�ms.�^��-�_.-. <br /> .. . Yi� `5t.+f•. .�It... � � �.'"y��A.Mrrn A�. ��• ��^:van - u-v- <br /> _ ... .-. -:K..o�:......a�.: <br /> M•� . <br /> . . v . .. , {� .�. ' .. <br /> � ..a.1 ..• �'— _' __�... ._.. <br /> . ._ <br /> -- --� <br /> �-+�s•.��..-� --�_(1Y�...• _-__- ... ._ _ <br /> � . • 6. If he/she fails to pay any sum or keep any covefi�i[provl�Q�ih���ort�a�e,the Mort�a�ee,at � <br /> its option may psty or perform the same.and all expenditures�o made ehall be edded ta the principal�um owinQ �_ <br /> " on the above note��hall be ucured hereby�aad�haU bear interest until ps�d at the rate provided for in the prin- <br /> � � cipalindebtedaess. . —_ <br /> f � 7. Upon requeat of the Mort�aQee. Mortg�or ehatl execute and deliver a supplemental note or nota t'or <br /> � the sum or sums advAnced by MonQagee for the alteration, modernization.or improvement made at the Mort- <br /> ; Qa�o�'s requesr or for maintenance of s�id premises�or for taxesor twsessments aQainst the same.and for any -- <br /> other purpose el:ewhere authorixed hereunder. Said note or notes shaU bc secured hereby an a parity with and <br /> as fully as if the advance evidenced thereby were included in the note firs[described ebove.Said supplemenwl � --—° - — - =- <br /> � notc or notes ahall bear interest at the rate provided for in the principal indebtedness and shall be payable in <br /> ' � appro�imately cqual monthly payments for such period as may be aareed upon by the Mortga�ee and Mort�or. <br />' ' �� ' Failing ta agra on the maturity�the whole of the sum or sums so Advenced shall be due and payable thirty(30) <br /> days after demand by the Mortaa�a.In no event shall tbe maturky extend beyond the ulWaate maturity of tho <br /> .. note flrot described above. <br /> 8. He/she hereby assi�ns.transfera and sets over to the MortQagee.to be applial toward the payment of cx:•: ::��,� <br /> the note and all sums secured hereby in case of a default in the performance of any of the terms and conditions ��'�' �y�� <br /> � of this mortQage or the a�d note,all the rents� reveaues and income to be derived from the mon�aped prem�ses _ <br /> � . during such time as the mortgage indebtedness shall remain unpaid;and the Mortgegee shall have power to ap- <br /> point any a�ent oc aQents it may desire for the purpose of rentia� the same and collectin8��rmts� reveques - <br /> � and income.and lt may pay out of said facomes ell necesaary commissions and expenses facurred in rentin�and �`'�""� <br /> mana�ing[he same and of coilecting remals therefrom;the Iwlame remainin�.if any,to be applied toward the �� ____.__�- '_4� <br /> . dischar�e of said mort�e lndebtedness. c r��;�'% <br /> �n� �� . � <br /> 9. He/she will condnuously meintain hazard insurance,of such type or types and amounts as Mortgaga �,�._ :� <br /> may from time to timc require�on the improvcments now or herwfter on sald premises�nd except when pay- ���__ <br /> ment for aU such premiums has theretofore been made under(a)af paragraph 2 hereof,will pay promptly when � Wsr�-- <br /> due any premiums therefor.Upon default thereof.Mort�a�ee may pay the same.All insurance rhall be carr�ed „�;?��..:.�� <br /> li es and renewals thereof shall be held by the Mort�aga �`��_-�•- �` <br /> in compa�iesapproved by the Mortga�ee and the po c3 �.�,.,�:,--�- <br /> and have attstched thereto loss payable clauses in favor of and in form acceptable to the Mortgaga. In event —�-�.;..r�._ <br /> of loss Mort�ago�will give immediate notice by mail to the Mort��a,who may make proof of loss if not made � � ' <br /> prompdy by Mortgagor,and each insurance compaay concerned is hereby authorfud and directed to make pay- . ' <br /> ment for such loss directly to the Mort�a�ee tn�tead of to che Mortgagor and the Mortga�ee joindy. aad the `�`;;.;���"_ h' <br /> � � � insurance procceds,or any part thereof may be applted by the Mort�a�a at i[s option eiibcr t� the retiuciian <br />
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