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Home My WebLink About0658 o ~, ~D:" 5 c.t~s dj,' ,T. I L:r:[ C:'~1J)t7Y. ru. TOGETHER WITH aU and ungulu Ihe tenc~nh, hereditAJ1lenh and appurtenances th..reunlO ~Ionging or in anywile t~ereunlo ap~r!"inin!l and Ihe ren", !Slues and prufiu Ih..r~r, Ilnd alSo) all Ihe est<lle, righI, lille, interesl and all cl<lim and demand whatsoever, ;u well in l<lw as in equity, of the oaid MOrtgagor in and to Ihe nme. including but not limit~ l.>: (<l) All renl', profit., rev'enues, royahiN, righll and Ix'nefil! d..,'....d from (I) crops gr()wn on oa,d securilY and :>roduce oi the lOil ('Iherwise (2) oil. gas or mineral I,-:ue. o~ the pr..mises or any pUI therrol, now rxi';;llg or h.....inah..r mad.., and (3) all olhrr r..nts, iuue. and profits of th.. pr..mi~s from tim.. to time ac.rui'l~' wh"lher under I..ases or unancie. now ..y~isling or here"her c~aled; in ..ach .t'- h cue wilh Ihe righl in tile Mortl(al(ee, oui ('nly at ils oplion, to rec..i,'e and receipt Ih..refor and 10 ap~ly Ih.. lame as il may dec! to any indebtedn~u .ecured hereby, anJ the !.{ort~agee, at it. oplion, m~' dem..nd, .ue for and reco,er ~,n\ such paymenls, reserving to Ihe MO:Il(a'lOr, however, so Ion\( as said ~{orlgagc.r is not in d..hllh hereund~r, th.. right to recci,... and relain such rents, inues ar.d profils. . (b) Ail jud"",en", awards of dan'agel and ~1l1..meOlls hereafter mad" as a result of or in li..u of any taking of the premises or any parI thereof .mder the pow"r of "min".>1 domain, or for any d:un.1'le (whel"er cam.,....! by such takinl( or olh"rw;se~) to the prem;,es or Ih" improve",ent. Ihere()n or am' part thcrt'"Of; such part of any such jud'lo.enl, award or selllernent, as Ih" Mort'la'le" ma)' el"rt 10 be applied 10 Ihe inr!chtednes.s hereby secured and Ir.e bala'1ce thereof, if an~', to De reserved to the party or p,..lies olherwi,~ "ntilkd therelo. ,1 TO H.'\ VE A:-':D TO HOLD th" above grant"d and d"scribed prem;,es to the ,.1it! MO'I..a'l"e, :.s successors and assign., for",'..r, and Ih" uid Mortgagor does h"reby fully w;.rr2nl the till.. 10 uirl land, :lnd will defend the same against the \.1wkl clairm of all persons ,,'homJOtoHr: provirl..d always Ihal if Mort)(a,;:or shall p:\) 10 ~{ort'lal\"ee Ihat cerlain promis~ory nOle above described and shall perform all olher coven"nts and conditions of said promi.sory not". and of any ren..wal, ext"m:on or mooi, hcation thereof. and of Ihis mortgal(e. then this mort!(1ge and the es~al~ her..hv crnlrcl ,hall c..,.'e and he null and voirl Mortgagor furlher covenants and a"rees wilh ~{ortl\"agee as follows: 1. To pay all sums including interest .ecur"d I:"reby wh..n due, as providrd for in said :>romiuory nole and any renewal, extension or modificalion thereof and in this morll(af,e. all such sun" 10 be pa\".1hle in lawful money of the l~nlted States of America at !.{ort~a~ee's aforesaid principal office. or at such other place as M.lrtgal(ee may designate in writin". 2. To pay when due, and wi thou: requiring any nolice from ~{orl!;all:"e... all 'ax~.. a,,"ssm..nls of any Iype or nature and other char<:", I"vi"d or as<!'Hed all:"ainst the premises :..r..by encumbl'l"rI or any inter!"t of ~1'1TtQ.a<:.: ther"in. To immedi- ately pa~' and di"har.-:e any claim, li"n or encumbrance against .uch pr..mi.es which Olav he or become m~rior to this mort, gage and to ~rmil no default or delinql1enC)' on any olh"r lien, encumbrance Or char"e al(aimt such premises. 3. If required by :Mortgag..t', 10 also mak~ monthly dep::lSiu with Mort<:al\"!'('. in a non-inl..rest heann'l accounl. to'lelher wilh and in addition to int~reSl and principal, of a .um equa.l to one-Iwelflh of Ih" yearly taxes and auessmenls which may be levied agaiml the premi~" and (if so required) one-twelflh of the y"..r1y premiums for in'uranc.. thrr..on. The amount of such tlUes, ASsessments and premiums, when unknown, .hall be eJlimat..d by Mortl\"a!!'..... Such deposits shal! be used by Mortgag..e to pay such laxes, assessments and premiums when due. Any insuffici..nq' of such accour.t 10 pay such charl(es when due shall be pa;d by Mort!1:agor to Morlgal(..e on d..mand. If, by reason of any d..fault by MOrll(al\"Or unrler any provision of this morl- I(a 1(" , M')rt'lagee declares all .urr:s secured hereby to be due and p;;rahle, Mortl\"agee may Ihen apply an)' iunds in .aid account ar;ainst Ihe ..nlire jnd"bt"dr.~u secur"d hereby. 'n.. enforceabililY of the cov..nant! relaling to t3:<... ane~m"nls and insuran.:.. premiuml herein olherwise prc,;cled Ihall nOI be affecled except in so far as those oblil/;ations h:w.. been m..t by complianc/;hh this paragraph. Mortgagee may from time to tim" at its oplion waive. and after :\ny .uch waiver reinstate, any or all pr<>visiom h..reof r..quiring sech ci..posilS, by no lice to Mortgagor in writin'I~ Whiie any such w;.i~r il in eP."ect Mortgagor .hall pay taxes, AS,..nmenll and ir.~urance premiums as henin el~where provided. 4. To pay all tax..:, stamp tax or other charge which m,y be aues~G upon thi. mortgaKe. or laid note, or i.1debtednea ~cured hereby, without re'lard to any law, Federal or Stale. h..retofore or hereafter enacted, impo.in!{ paym..nt of all or any pdrt Ih..reof upon Mortga~"... In ..~nt of enactment of .my law imposin!!, paymenl of all or any portion of any such taxes upon Mortgal(ee, or the renderinl\" by any court of last resort of a d..cision that Ih~ unrl"r13kir.g by Mort~a~or, ;u herein provided, to pay such tax or la:<es is l..gally inoperative, then, unless l'.{ortgJ.~or ne,'crth..I,," p:tYI such tax..., all .ums h..reby ICcured, without any dedu(tion, shall at the oplion of Mortgagee become immediately due and paY<lble, Il'.)twithstanding anything conlained herein or any law heretofore or her..aher ..n..cted. .1 5. To keep the premise, insured against loss or damage by fire, windstorm or ..),t..nded coverage and luch other hazardl U may be required by Mor!ga!\ee, in form and amounh latisfactory to, and in insurance compani..s appro,'ed by Mort\(aRee, and with acceplable mortgag"" Ion payable dau~s attached. Such policies, tOI\..ther "';llh luch ab!tracU and olher title ",'id..nce U may be required by MOrll(al(Ce, Ihall be deli~red to and held by Mortlfagee without liability. Upon foreclosure of Ihis mortgage or olh..r acquisilion of the pr..mi~s or any parI \hereof by Morlgagee, said poiici..s, abslraCh and title evidenc.. shall become the absolute pro~rty of Morlgage... 6. To fint oblaln the written consent of Mortgagee, luch con~nt 10 be !franted or withhdd :\t Ihe sol" disaetion of such MortRagee, before (a) removing or d..molishing any building now or h..reahe~ ..rected on the premises, (b) altering the arrange- ment, de:<i~ or Itru('tural charact~r thereof, (c) making any repaiu which involve the removal of structura.l parts or the expolure of the interior of such building 10 the elen.ents, or (d) except for domestic purposes, CUllin" or remO\'ing or permitting th.. cuttin~ and rt'IDOval ",f liny lrees or timber on the premises. 7. To mainlain premises in good condition and repair, includinv; but not limiled 10 the makin,:( of SlIch rep:lirs as MC'tlgagee may from time to time determine to be necessary for the pre~rv;.tion of Ihe premises and to nol commil nor permit any wasle th..reof. 8. To comply wilh all laws. ordinances. ,egulations, covenar,u, conditions and rc-slrictions "ff"cting the pr..mi~s. and not to luner or permit any ,"iolation thereof, 9. If MClrtg~r fail" X. pay any clJoim, Jj~n or encumbraoce wbich ia ruperior to thia mortgage, or, when due, any tu or assessment or inlurance ~ium, or to keep the ;Jftmiaea i4 repair, or .ball commit or permit waste, c.r if there be commenced :my action or p~ins affect:ng tht' p<<mi~s or the title there-to, thrn Mort~. at its option, may pay said claim, lien. encum- brance, lax, assessment or premium, with right of luNc-gation th<!l"t'undr., may make such repain and lake luch Iteps as it deema advisable to prevent or cure s1.lcls wute, and may appear in any such action or proct'Cdinr and retain coumel the-rein, and talte ruch action therein as Mortla~ deema ad viaa bIt', and for any of said purpoleS Mortprt'C may adnnce ruch rul!ll ol money, includins all ~tI, fees and other itenu of expenll! u it d_~, Mort~ shaD be the IDle juc!.se of the Iepl.i~, validitv and ?nority of t.ny luch claim, lien, rnClUDbrance, tax, UKSaF...ent and ~Ium: l'cd of the a.mowH ~ to ,be p&ld in Ja~iafaction thereof, Mortlfll&te &hall not be held ACcountable for any delay In mak.inC any ,u~h payment, whic" dei&Y ouy ret\!1t in any additional interest, cost, chaf'1leS or expeme otherwile. :0. ),(ortsalOr will p<t.y to Monsagee, immediately and witW.lt demand, all rums of moIKy ad-;anced ." Nortgasw purau- ant to this L'lOr'tg~, totrethe-r with inter~t on t~ fUch advancement at the rate of ten pel' cent. ,109(,) per a.naum, and aD su<:h sums and intuut thenon sha1! bel 1tC'U'ed berebJ. 11, AU IW1lI of money ...."'Cured be:eb) .baD be palable witbo>-l! any relief wha:eY'tr fTOQ any va1uatioa or a~t IaWi, \2, If def.ult be mad.. L., paymmt of any itut.lment cl prl.'lCiPfJ or iaterl!lt of I&id DOte UI' anr put. th~ when due, or l.n paymeut when due of any ~u..et' awn ~ured here!:.y, or in pe~orm&nCe of hlIY of Mortp..-or I obl18ations, COYe~ta or ..~enb "t.uemdcr, .n of the i'\de_~ ~ ~,,~ ~,:dl ~:ome ;ot.nd be bronediarely due r.nd payP.b1e at eM Qpdoa 01 ),{Ot'I!;~, without Mriu or d~ ...,......h "" ~ apRUly ....Aiwd. in ,..-hitb neat lolot1pfee nuy aYllil ItNif of aU rip. \ ( (\ _",:~~~~.~c'~.~'~~f.'i'~.~~;~~r'i'~~~~f~:'''j,,!/r'''''J:''P'-,?'':'~~.: