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TOOErnu. WITH .. aDd ...... tIrte tlllllll@!1I, ~JJn-" _ ~'1 --eora .... -410 t. '11.:." - .. ~
tbel'ewlto appertaiAini aDd dM nota, __ aad pr'OAv dterc<lI, tad aile aD ~ ...... npt. .... -...- ... . dill.,. ...
demaod whaUiJeYCf, .. well ill law .. in ...,. 01 the IUd MdrtrIIIor III tad to .... ..... bld ... ... ... ...... to:
(a) All rents, pro6Ia, reYlm-' ~ npu aDd beacfita derived f_ (I) CftIIlII ~'t!lIIIS - ..... ..ewkJ ... ~ "
of the aoil otherwi.e (2) Gil, ... Of, mineral -- of the preuWet or aDy part ~, ... ...... .. ~' "'iw........
(~) aU othu ~ntJ, wu...... and pro6u of the pnmUe.t from Ume to tiU1e accnainr, ~MdNr lIft.ter..... Of ~,,--...-.....
or htrufter created: in each nlch e&Ie with the naht in tu Wortppe. but onJr .. ita ...... .. ........ aDd ~ ......
and to apply t:-'t same as it may deet to aD, iMdebtt'dnetl IeCURd hereby, uad the Wortppo. at its .-. ma, 4tta1lllCl, - f.
and r..co.er any such p&yrMntJ, reJC!rying to the Mort~r. bowev.:-r, 10 Ioac AI said Wortptor iI !lOt lD del&lIh "'_.A_, tbe
ri"ht to recti,'e and retain lu.:h rents, i..ue8 and pr<.6u..
(b) :\11 judglll<:nh, awards of damasa and eettJementa hereafter 1Mde ~ . retIIh 01 Ill' in .... .. u, ta.kiot 01 tbe
premi~ or any part t"trNf uild~r the power 01 eminf'nt domain, or for .., dama.. (whethff c;.awed by aucll wine ("1f otberwile)
to tht J>!'Cmi.es or the Improveffif'OIl thereon or an)' part thereof; luch part of any suc:b judgment" award or .ettlemalt, AI tIM
Mortl(aJll:ee may ..Iect to be applied to the indf'bteJn~ hereby leCured and the balance then-of, if any. to be retCI'\'ed to tbe
patty or ;>arties otherwi~ entitled thereto.
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TO II:\ VE AND TO HOLD the above gTanted aod deacribed premirea to the said Mort~gec, its suuneon and .......
fore\~r, _-i *1 ..ill )lJ tl,qu ,hu 1._ ~", fAl,. J I ~ _ ':Ih ,& ..... ."., afl. ill lith.. .. III'll 1 " '1"l ttl1 In +til
c~"" _l all ,,_rl.... ~'_iI "1'; provided alwars that if Mort~llOr ahall P"Y to Mortp~e that remain ~ IIIOte above
described And shall ~rfonn all other C~'f'nanU and cr.mditiolli 01 .<aid promi.;)ry note, and of aD)' re-.1, ~ 01' JDOdI.
fica:ion thel'l"oi. and of this mortgag.., then thtl mortgage and the estate hut'by c~ate.'-Jha1l celue and be %1uH and md.
Mortgagor furth..r cov..nants and alfl't'CS with Mortgagee &I follows:
I. To pa;o' all !\Ims including interest le('u....d hereby whr.n due, as provided for in ..id protniuory DO&e and any renewal,
extension or modification th..reof anrl in this mor\gage, all ~uch lums to be payabk in lawful ~ 01 the UnitN ~tates of
America at Mortl!'a~e's afortsa.id principal office, or at luch other place AI Mortgagee may designate in wriUnS.
2, To pav wh..n du.., and without requ~:-ing any notice from Mort~a!{Ce. all tax", ,u'f'SI11lf'nts 01 any type or nature
and oth~r char<:;es levied or .mened u:ainu the premi~.J hereby encumbfored or any intere.t of Mortgage therein. To immedj.
ately pay and di\CharJ;:~ any cla.im, lien or encumbrance against mch premioes which may be or become auperioc ~ this mort-
gage and to permit no default or delinquency 0:1 any other lien, cncumbram-e or ('.harge againat such premi.IeL
3, If required by Mortgagee, to aUo make monlhty de}Y.>liu with Mort'fagee, in a non-interest bearins account, toptber
with and ir. addition to intereu and principal, of a sum ~ual to one-twelfth of the ye"ly taxes and as5eJI1!)enU which may be
levied al(aimt th.. pr..mises, and (if so requirt'd) cm;"twelfth of the yearly premiums for in~uraoce t~ The &mOU.'lt of aueh
tAXes, a,nf'"mcnts and prf'miums, when unknown, Ihall be estimatl"d by Mortlf&~. Such deposiU sh.ll be UIed by ),{ortp.pe
to pay .uch taxcs, a..e..m..nts and pc..miums when due. Any iruuflkimcy 01 such accow:! to pay such chafJel when due aba.D
be paid by Morto:agor to Mort~"l!ce on demand, If, by reaaon of any df'fault by Mortga~~ under any provia.ion 01 thil mort.
~a~.., Mort<:"~ee dedar..s :Ill .ums .ecured hereby to be due and payahlf', Mort!tagee I113Y then apply any funds in aaid account.
al(ain.t the entire ind,'btf'rlne.. !..currd hereby. The enforceability of the co\'enant. relatin" to tax~. asJeUlnenU and insurance
premium! h..rrin othe....vi'" prO\'ic1..d shall not be affected except in so far aJ those obli!{ationJ have ~n met by compliance with
this p"ra~r:lph, Mortl(al1;ee may from time to time at its option waive. and after any luch waiver reinstate, any or all provisiona
hcr..of r"<Juirir.I( .lIch d..po.its, hy notice to M'>rtJ(agor in writin~, While any luch waiver is in effect MortgalOr aha1l pay taxes.
;u.e"mtnts and insurance prrmium. a. her..m e~wh..re provided,
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4, To pay all tax..., .tamp tax or othf'r charge which mlY be asscsscd u~n this l'IlOft8'a.ge, or said DOte, or indebtednetl
~cured h..rehv, without rN(ard to any la..... Federal or Stelte. h..retofore or hereafter cnactcd, imposir.~ payment of all or any
pelrt ther..of upon Mcrt<:ao:..r, In e\'..nt of enactment of any law imposinl:( paymf'nt of all or any portion of any luch taxes upon
Mort<:elo:ee, or 111f' rrndf'rinv: bv any court of last rf'sort of a derision that the und..rtA~inl by Mortgasor, &I herein provided, to
pay .uch tax or taxes i. Iro:ally inoper'lti\'e, then, tmleJJ MortO:J.l!'or nr\'erthel..ss pavs such taxes, all sums hereby aecured, without
any d..duction, .hall at thf' option of Mortgagee Ix-come immediatdy due and payable, notwithstanding 3nythinl contained herein
or any law hrrrtofore or h..r..aft,'r ..nacted,
5, To keep th.. pr..mi". insured againlt 10JJ or damage by fire, windstorm or extended cover&<<e and such other hazardl AI
may be requir..d by Mort'(a<:ce, in form and amounts sati.factory to, and in insurance companies approved by Mortgagee. and with
acceptable morto:al(..e 10.. payable c1aus..s allacht'd. Such policies, too:ether with such ab&tracts lllld O\i:aer tide evidence AI may
be required by ~{.)rtl(aczN', shall be drli"..rtd to and held by Mortll;agee without liability. Upon foreclosure of this mortpIe or
other acquisition of thr prcmise. or ail" part thereof by Mortgagee, said policies, ab&tracU and title evidence than become the
absolut.. propo-rty or Mortl(:II(....,
') 6, To first oblain the written consent of Mortgagee, such con~nt to be ~rantt'd or withheld :'It t}Je IOle dilCretion 01 aucl1
Morto:al(..e, b"forc (a) rrmovinl( or drmoli!hin~ any buildin~ now or hrreafl..r erected on the premises, (b) alt~ring the arnn~-
,) mcnt, de<io:fn hor. structural charact..r thueof. (c) making any r..pa.irs which involve the removal of Itructu~al parts o~ ~e
expo'lII'r 0 t t' tnt..ri0l' of mch build in'! to the clemenu, or (d) except for domestic PUrposel, CUlling or r..monng or penruttlns
thf' cllllinl( "nd r..mo""i of any trees or limber or. the premises.
7. To m"intain premi~s in czood condition ar>d repair, includinl( but not limited to the makin!{ of .wh rep3irs as Mortgage1!
may from time to tUT.e det..rmin.. to be nece.sary for the prest'rvatioil of the pr"mu..s and to not commit nor pennit any wilSte thereof.
8, To comply with all laW!. ordinances. regulalions, covenanl., con:1itiufl' and restrictions affet:tins the premises, and not
10 suffer or ~rmit any violation thereof.
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9, If MOrlo;ao:or bib to pay any claim, lien or enc".....brance which is superior to thiJ mortga!{e, or, when due, any !tJt or
a.~"m..nt or imlll'anc.. prrmium, or to keep the premises in repair, or Ihall commit or permit wast~, or if there be commenced
any anion or prccetdinl( afftnino: th.. pr..mi"", or the title thereto. thrn Mortga<<ec, at its option. may pay said claim, lien, encum-
br",,,.., tax, aSSf'..ment or premium, with ri<:ht of mbr01!'ation thereundf'r, IDay m&U IU('h repairs and take lu~h Itepa as it deelDl
advi.abl.. 10 prevcnt or curl' such w:ute, and may appear in any such action or proce<<ling ar.d retain counlel therein, and take
such action therein as Mortl(av:ee dcems ad\'i."hl.., and for any of said purp.:>tea Mortsagee may advance such sums of money.
inrludinl( all cost.. f..cs and olhcr itf'rr.. of expense as it dee:ns m:cessary. Mortgagee Ihall be the IOle jud!te C'f the kplity,
\'alidi:'. and priori tv of any .uch claim. lien. encumbrance, tax. a.ss~JJment and premium, l\nd oi the amount necesu..ry to be paid
in s:ltisfaction thereof. Mortl(al(~e .hall not be hdd accountable for any delay in IDakinr anf ,ueh payJ'l1ellt, which delay may
re.u\t ;n any additiol'l,,1 interelt. cost. ch~rges or expe'me otherwise.
10. Mortgagor will pay to Mortgagee, immediately and. without demand, all sums
of money advanced by Mortgagee pursuant to this mortgage, together with interest
on each such advancement at the rate of 6t% per annum, and all such sums and
irlterest thereon shall be secured hereby if made by Mortgagee for the account of
Mortgagor because of Mortgagor IS deIault.
11. All sums of money secured hereby shall be payable without any relief
whatever from any valuation or appraisement laws.