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TOOEmu. WITH aD &lid ~ 11M ......to. MndJtaIlMID.. ... ...... .-~ _ua... " i,. _ .. ..."m.
thereWlto app'rta..inin, and the reDts, __ and ~ daeregf. _ .. aT.I die ......,...... .... ...... .... ... ...
demand wha~r, &I weD fa ~. AI !J, equtty. 01 tlw MId ~ iD aad tf. 1M ..... I ~i 1" .... ... ..... ..:
(a) All rents, profita, ~uea, roy<iea, richu and beaefib democd ..... (I} ~ ........ _ .w ...... ..... pro;t...
of the a<>il otherwi!e (2) oil, ,.. 01' mine"" Ie~ of the premiaa or any pan dNnof, ..... ~ ........ '*.........
(5) aU other renll, iu~. and profiu 01 tJ\e prernbet from time to th...oe accruinc, .me\he!' ,.....t. ..... or -.n-.dee ... ~
or hereaher creilteJ: in each Nch C&I8 with the riJbt in the Wor;tKAsee, but pIlIy at ib opdob, 1IO ~ ~ ~ tberelOl'
and to apply the aame .. it may elect to &IIy indebtectnn. MC".ared ~, and the Wortppe, at itl opdoa, _y deIaead. _ fw
and recover any such paymenu. retenin<< to tbe. NonPlOr. a.o-ver, 10 -. .. IUd ~ II lICIt ia default .......... tt.e
right to I'tteive and retain IIKh renu, iuues &lid prolita.
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(b) All judgments, awudlof damqea and lettk~ta I:tI'eafter made &I a rauk d Or in lIMa ::., My ~ 01 the
premises or any part thereof under the power 01 emine>nt domain, or fOl' &IIy d~ (wMtherc:\uaed by Neb takiar or odMrwIIe)
to the premi.es or the improvemenu [:Iereon or any part thereof; .ucb part of any 5UCn jud,meat, awud or ~t, &I the
Mortgal!'C'C mAY el<<t to be applie,:f to the indebtedne&l hereby teeured and the bahnce thereof. if any, to be reserved to the
party or parties otherwi~ entitled thereto.
TO HAVE AND TO HOLD the above granted and deacribed premisea to the laid Mortgalee, ita JUcceaon and aaaiana.
for~ver, u: ~ :~~ ~~~~~.. J..~s "'.flL, (",II, ..-...".t. tl.~ I;,,, .... ....ld 1.,,<1, _.d _II dJ~..d t~ ~_! ~.4.~t Ih~ l.._ft>1
ck..._ vf _11 r-'~'" ..h_..__.~.: proVided alwaya thAI If Mortlall'Or shall p."y to Mortaa8ee lllat Cer!a1n proau.-ory note abcmt
described and shall perlOlm all other covenants and condition. 01 said promiaory note, and of &Dy ~, ....... Of modi-
ficalion then"of. and of this rnortga!(e. the:l thi~ morttrage and the estate he>reby erute<i shaJ} cease and hoe nUn and void,
MO'I<r:\gor further covenants and a~ees witll Mortgagee lU (ollowt:
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I, To pay all sUJru including interest teeured hereby when due. lU providl'd for in ..id promu.ory note aod any rdttwal,
extenJion or modification thereof and in thia mortlfage, all SIKh lunu to be pa)'JIble m lawful money of the United t'tilfes o(
,....merica at Mortl!;\~ee's aforesaid princ-ipal offic~, or at luch other place as Mortlasee may detignate in writin<<.
2. To pay when due>, and without requiring any notice (rom Mortgagee, all tues, ~nts 01 any type or nature
and other charl(es levied or :U,'~5Jed al(aimt the premilet hereby encum~red or any intere1t o( Mortgage therein, To immed~
ately pay and di.char~e any claim, lien or encumbrance against such premi.es wnich may be or become superior to this mort-
'l'lge and to permit no default or delinquency on any other lien, encumbrAnee or ehuge ag:lirut aucb ~.
3, If required by Mortg!,gee, t" ..Iso mal.e monthly tic....:.i.. with Mvli~.g~, ill .. 1""..iiJ~.t ~ariog account, ~Cl
witlt and in addition to interest and principal, of a rum equal io one.twelfth o( the yearly tax" and asseumenta which may be
levied al(:lin't the premi~s. and (if 10 required) one-twelfth of the yearly premiums (or imurance the~n. The amount of such
taxes, <\$.eSlments and premiums, when unknown, Ihall be estimat,.d by Mort~. Such deposiu abaU be uaed by Wo~
to pay such talCes, a"eSSrMnh and premiums when due. Any insufficiency of such account to pay Iud. chafJet when duie IbaD
be paid by Mortgagor to Mortgal(ee on demand, If, by reason o( any default by Mortgagor under any prov:.Iion of thi& mon-.
~a~e. Mort~al(ee declares all sums ~cured hereby to be due and payable, Mortgagee may then apply any (undl in aaid laCCOUJ1t
,'l;ainJt the entire indebtedness secured hereby. The enforceability of the cO','enUlU ~!ating to taxet. IU8eMmenta ~ inauraJlOe
premium. herein otherwise pro\;cled sh311 no! be affected except in to flU as th~ oblilfatk.ns have been met by compliance with
this para~raph, Mortgagee may from time to time at iu option waive. and after MY IUch waive!' reinstate, any or all provWonI
hereof requiring such deposits, by notice to Mortgagor in writing, While any luch waiver is in rifecl MOI'tIasor aball pay taxel,
."\5,e"'ments and inJlJrance premiums as herein e~here provided.
4, To pay all taxes, "amp tax or other charge which m"y "'" a~..ed upon this mortgase, or laid note, or indebtedn_
secured hereb\'. without re~3rd to any law, Federai or State. heretofore or hereafter enacted, imposing payment of all or any
part thereof Upon Mortl;a,o;ee>, In event of ~nactment of any law imposing payment of all or any portion of :l.ny aueb taxet. upon
Mortl(a~ee. or the rend{l'jn~ by ar.y court of llUt resort of a decision that the undertuinl by Mortgagor, &I herein provided, to
pay such t3lC or talCcs is legally inoperative, then, unlel.l Mortgagor ne\'er::.eless pays iueh taxes, all 5Ums hereby lCCured, without
any d.,d~rtion, shall at the option of Mortgage-e become immediately due and payable, notwithrtanding anything eontainl!d herein
or any law heretofore or hereafter enacted.
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5, To k..~p the premise, insured against 101.1 or damage by fire, wind.tonn or extended coverage and ruch other huardJ ..
may be required by Morll(;,gee, in form and amounU satisfactory to, and in insurance companit'l approved by MC>rtgllKee, ancJ with
acceptable mortl(al(ee Iou payable clauses allached. Such policies, to/telher with such abatracts and other title evidence &I may
be required by ~{ort!(,'ge.., shall be delivered to and held by Mort~gee withou: liability. Upon (orecloture 01 thil moJ"tgafe or
other acqlli.ition of the premises vI' any part thereof by Mortgagee, laid policies, abatractJ and title eviden<:e abal1 become the
absolute property of Mortgagee, -Vtt
6, To fint ,>btain tht wrillen consent of Mort~, IUch consent to be li:ranted or withheld at the IOle discretion ofI\JUch
Mortp;ali:ee, b<-fore (a) removing or demolishing any bui!ding now or hereafter erected on the premitet, (b) altering the ~.
me~t, de,i~n or 5truclural character thereof, (c) maung any replliu which involve the removal of structural pam or the
expmure of ;l,te interior of Such building to th.. elements, or (d) cxcept for domestic pllrpo~S, clltting or removing or permitting
the CUlling and removal of any t~s or timber on the premises,
7, To maintain premi~s in l(cod condition and repair. including but not limited to the makinl!" ofsurh repain .. Monpge-e
may from time to time determine to be necessary f,)r the preservation of the premisel and to not commit nor ~jt any waJte, therem,
8, To complv with all laws, ordinan('es. regulAtions, covenants, conditions and restrictions affecting the premiJeJ. and not
to suffer or permit any violation thereof.
9, If Mortgagor fails to pay any claim, lien or encumbrance which is superior to this mortga.ge, or, whc:n due, any tu: or
asseument or insurance premium. or to keep the premia<< in repair, or ah~n commit or pennit W3Ute, or if there be commen~
3ny action or proceedinl( affe('tin~ the premises or the title thereto, then Mortgagee, at ill option, may pay said claim, lien, encum.
bran('e, tax, a",enment or p...,mium, with right of subrogation thereunder. may make su('h repain and take luch Itepa .. it deems
advisable to pre\'ent or cure su('h Walte. and may appear in any such lICtion or procec<iin!f and retain cowuel thtrein. and tale
su('h action therein as Mortl(a~ee deems advisable, and for any of said purp?Set Mortlasee may aavance uch lU;iU of tnODC'f,
including all costs, fees 'and other items of expen~ as it dccl'l1l n<eceuaty. MortgalC~ shall be the tole judge o( the leplity,
validity and priority of any such claim, lien, encumbrance, tax. ...ueume>nt and premium, And of the amount neceuazy to be paid
in satisfaction thereof. MOrll(agee shan not be held accounuble (or any delay in making any aucb paymalt, whidl. deJaJ'mAY
r....h in any additional interest, CO'lt, charles or expense 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
interest thereon shall be secured hereby if made by Mortgagee for the aecount. of
Mortgagor because of Mortgagor's default.
11. All sums of money secured hereby shall be payable without any relief
whatever from any valuation or appraisement laws.
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