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i 'lilac he w- il! kec}• the lm.lirovemertts now ~kT~ti , •i I}~rY n e~ y~ca c>n u~-~ xnt,t•'y~ta '•-d prupt~ t~; i:ti:ured ar
rs:av t~~ reyulresi tram tln,r to t=cell by the t.lart~• ayes ~,~t' 1?s 'tttb,"s~iriiltorm attd c~e+r hazart,ra, caau31tie3,
a n,1 cuntiagrescira sn crrnuunta et (cast equal to titG arncunta agecit;~by lyio;t agce, the amounts syeclfl$d, ht:wtcsr,
nest to exec-cd the ..t:uiunt of the cutstantaln~ ir:debtecir;raa, And will pay -_prump~ly whin dua, tlr~ premlunu on Eu•,h
tnsurars:e and !i'll1 furRl9tl plfr'tlllill receipts un arsmr io hiortgagc~ un er befc-e atlt•Zt dt:a data. All inaurar;ce shall
bf carrtt~ to companies appro!•cd by Aiurtgagrc and the yul}cics and renewals therGOf shall be held byy biort~agre and
itavr coached the+rr.to mortgage hnd loss yyaavnhle ciao=;ra in favor of, and to tour, cceaytable ic, t};e Mortgugget. Can all
SIt~:tCa11 C`'f' ef'feiteti{ an a co-in.aursnce ~r1an, i~iortgagur shall cosnpi with the :v~-ina4ran~ rey>.+I; crnrnU of airch }*:tlicy cr
}Kr!ic:es. In event of Ices hr will gt'rt unmetilate nutlet li}• mall to aiurtg:~gre, and :r`:artga~{ee nisy make pr~>af of l,osf ±t
tu,t made promptly b}• Mortgagor, attd each lnaurance conlpen}• coneerre . is her~,v autnnYizrd and directetS to 1Tra4cc
payment for Hoch Ii;iS directly to 2,Sortge ce instCad of to bicrtgagor still lsiortgaYea jointly, 4I3d the insurance yrtxeedrs,
„r Ftfr}' p:rCt tl!ertwt, may be apylted by biortgaK~ at its uytion eith0r fa tirh reduction of tttr It:delJte.-dnpss berth)'
aecurc•ci or to the reatoratlorr ur repair of the property damagt'il. It in iurthtr p~ret-d th_tt if more inaurA,~c+e than is
spfctFlcd l:c•rc•!n to carrixl on said }>roi~erty the policy or ppolicies for said -eddlt cutal insurance shall havoc ettachesi a
s.ancl3ni rnr>ttgaye clause makingq the loss }~.aynule to the Morita et, attd be dellvared with r~~eipt .or premiwl: on
spine ,rs above set forth ti aaicl hiort~aYee !n cam of lsilur•e to ma~ntsin a!td dvllver such insurance ea to alxive yri,-
vided fur, the Mortgn re entry efic~t inslrritr2c'e oil said tmyrovarnenta to the then outataneiing balanc~t cf the inctebt-
c-dness• ot- the tnsurab~c value whichevfr is leaser, and }+a~• the premiums therefor, and all amounts so paid shall !m
added to• And deemed part anti ytsrcel of the moneys hereur secured, and from time of payment ther~~f the soma so
paid s}:all tx•ar six per ccr.t tntarest yer annum, a.nd aatd bums s2tail tx reytld nn dentEnd, and on failure of hiort-
gagar to eu repay *a,r:e, the fntia debt secured by this instrument Rhall at once breorne dt;e and },ay&bla at the c~i~trun
Elf the n:ort : re. in e~•cnt of L>re<ltut±re of this snort age cr nthcr transfer of title to t}:e mortgaged property in exttng_
tiishn;,>nt u~~t~re indebtnineas €ecurrci hereby, all rig~t, title and interest o, ttlc '•tortgagor ,n at:d to any insurance
pc.l:~. res then :n force shall pass to ti:e yureh3s~rr oc grantee.
`+ That he will permit, cu:ami or aufrtar no wsxts, lt-tpsirment or detfric,rztior, of 9ald property or any part
ther,•uf, nn:i :n ttte• event of the ta~ure ca the hlortgagur to ker:p the buttilurgs ors said prfmtses anti those to tx'
crrNr-ci nn said };rsr.ttscs, or imprm•emcnts thereon, in g~o:rd restate, the Ai+^rftga~ce mr.y makf au~i: repr,rrs as !n its
.lt=: =.rtl:~cr it n,ay dorm nc'!':'s.4arr' f.!~ the props presrrvatron tnereo., artd the uli smottnt et each and cver_v suc1;
pa}-:rient sht,is: bf in::ncd:ately due and pa}'able, tend shall b~ ~ecurrd b}• the icon of this mort};agc.
t~ T1,at he tivi}1 ,.frt•,r::,, c,~rnpi}• w'it}; acrd abide by each and ever}' the stipulAtii.ns, agrrernents: cond;tlons and
~'~,•. ena::is sir said prr:r.as;;r}• :.~+te and in tats rnortg agc• Rat forth.
i. Tti<st the .`=turtgagc•E• ma}•, ai nnti~ trine after e ce•fault l,y ;;iort_gagor pt an}~ of the trrnts :~f this instrun:erlt.
.,nd upor.:~!ort~S agor'e failure tr, cure cult: default •.vit}tin ff:c•en da}-s at notice of said detau!t given by ?,tort aq er tc
.',{,,rt};a({nr apply to the court hrsvtnk }»r-iscticttun thfr:•of for tt;e apycintrr:ent of a rFCeiver, and such court aha~l ferth-
w:t}: .,l?youit a rcresver of the prery:tses covered hereby all and singular, includ:ng all Arad aing:ilar the rents, income.
{{, ofits, li=t;~s. and revenues fr,trn whatever e,,urce dc•rive.i. e=ac}: tvtd every Of which it being expressly understuoa,. is
l:freby rnortgagecl as :t s},r-~ iPrcall}• set t.,rt}: and d-scrib?ci rn thN Rraniing ttrd hsbtndum cluus~a tttcreof, and s:tCh
receiver shall have all the bread and effecitve funcuuns and p'n~ers in nr+vwiae entntated by a court to a receiver, ar~i
such <,}>`x,trttnu•nt shall t>f :Wade by sorb court as ar. arimrttc-d eyurty and a matte; o,' absolute right to said Aiorlgrs}_r,:.
artd wrt.iout ;efercncc to tt:e Adequacy or inadeeuacv of the vA!ue of the property mortgaged nr to the solvency or ir.-
anlven+ y of 3a:.'. M,:rty;a(;or or tt:e dc•fenc!ants, and t}rut suet: rents, prc,ilta, incE,n:e, rssues an,i re4•en•::es shalt be ap-
t•l: r•ii iiy eu: h re-carve r irccordrr,R t;.> the i!er: of this rnnrtgnl,; c• and th;e praE ttce of sac}: cnu`,'t.
'i:~t (a) in the (vent of any' bread: t~f this r:iottgage or default tin t}:t• part of the hiEs:tgager, ur (b) in tt,e
rcent t};st ar.}~ of surd Str.::= of money hrcln reterreti to t,e not pr,,;nlal}' and full, paid witt:out den:ard or notice, or
(c; to the event that each and every the stipulations, aFre~merlt_:, condrtr: ns acid c;n•cnants of card nose and chi! rr.o;t-
guge, are Hitt duly, promytiy, and fully ;~erfortnfd; then 1a either or Kny such event. the said aggregate ;suer
Hier:t:,,nr~ci :r. sait~ note then r,•incrning u,:}~:,ra. will: ir.trrest a:-crurd to thAt t:rr:a. anc{ al'< moneys se•f'urc-rt hereby.
sitll i.E•:-,:nc• due and };:.able fort}twit}.:, r,r !},,•n•:tf:rr, the c,pt:r,n of said '.ic+rtga~;ee: as full}' artd completely as it
all c..` the sa:cf s+.rnu of rn:,a,••,• wpre• ng:naily st:pulats..t •t.~ br patri or: su:~:, da}', :- ythsnF: rn said note or in this n:ort-
gagE u: :!re cun.trary r;otw':ths:andtng.
P T}:::t :f the tits:rti;aKor defaults rn anti' tt:e c,nrr,ar:!s or agn•e: ants c•~r,taure!i herein, or in saki r:nte, then
t:':+ `.i,,rtK;;kre~ :r,ay }+:•r furrr~ the 59n:e, Hnd ail eRp~ rtti:turt•a i utcluci:ng re;tuor:able aft~~rneya' Secs) r::adc by the
S`.urt.,:,:;ee ,:: s„ ci nr:,: s :a}1 dray. sntr -. st at six t G ~ 1>er • era per annum. acid shal_1 tx repayable irnmE-draielyy.
act:', w:th„ut jier;ra;u! teethe hiortxa,:or t~., the `.!,:rt;;.,;;+e, and. totiet}:er lvst}~: tnt, rr,t sad costa r..•crsir:g !hereon, sh:ail
tx' sE•,.urE•a by tt;ls .r.urt};a~c.
!G If loci tax is assessed against this n•ctr r_.r r:.nrtga~e or the interest therfor., otttrr than lire Federal Ino:ne
Tu>., +.~r tf un}. tzx !s acec:sed against tt:e :nterr,s+. of the h ortgagee rr; the above described Iar3d, anti ii tare a:notult o'.
sucit env t::gether with the A:ru,t:nt c,f intere-r at tt:r rise spa fled in the note and this mo.tggage, does r;ot erceed ar,
a:trati:tt cy:la! t,, :ntere•ai at the !el;al rate, tt;n :+nd in lilac event such tax shall bc• paid bv't?'ie Mortgagor, and Mort-
Rat;or•s felltirP to pa}' suet: tux w•:tr,tn f}!r tin±f n au:;ed by Isw shall corLet:tute an act n>! default Under cite ferrets of
[t:15 rn52r11!il Etr:t: piUVlded. hE)'r~e!•r;, tilitt 1f lire iti:[utC• lm}?PS;Pg acrd taS Uf COUrt tiCCi5l ~,rl LliterpFl't1A! aL1Ch btatii!`
regti:res said tax to tie paid h_; thE> }:older of the ttute nr the rnortkagE:• aerurtng acme. or rf the amaur.t of such tax to-
~et^,:•r •.~'rth the amount of interest nt t}re rate sI•ecifieci to the note. and mori;;ege excr-ecia an amount elual to inserest
at it,r ls•kal cute, thee. and ir: either such scent. the i;cadr•: of ttte note snd rr.crtgege, at its nyii,>n, may accelerate the
-t.rr:tv ref said ante and n:ortkage sa tiwt ui,.,n g:v:n}; anrtgago:* notir of its etectian io ac accelerate t;re rns,turity.
t~!:~:< .::x:i:.,s;c acid tine n,tr• scc:ued tier=.•h•: s?;all tl:crru;r:rt :nature and be enforceable as thougi, their r::attuit}• it
it .... t::.u~ },ud 2>arE•n rr.t^hr,.!
It [; t,s'n•.>tt that the parties hf:ct strait have the right b•: nn;tual agrc•cn:<nt at unv :line to renew' or cxtEr:,i
:i. .:tr•:i rte sr>c ::rc.. hr•r• ~}~ ,:. n}• art }'.e: .+t. n. arty dcl:t:,.n which r,':}' [•
t .~ ... ~ i 1' n ma ie hereto: and that they nta;
t,. • n.. ,;t ~r:. r,•asr or d,•, :rr,se the -.tE• of ..:tr•ie51 :nd t}: r.} :;;a•= :ncKi:fy, or c}:ange ar.y other oblrgat:on Lx>-
t.. ,.• ..:s• ::rtes }:cr:•tu cviclenced h; '.Iris 2nsL ur :er.t. nr ::v .he ..,-•tt` n7.^nt;one•ii }reef: :,nd st!C!: r Il
. ~ ~ char:ge_ :ha F..~.
t~:r.:ir:,~: u,,:w; anc }urc~,r E•n,u:i;t,rancer, vulur;tnr}' or :nvol•.:r:::,rv: and su.h t'han~.s and ease:isinns rnav 'r ;e F;rarar~d
w•; .. : . !'~ hint; nr eel: •tsi .t; 'hs• :,!;Itgation ct .:n.. suhsey: •nt pur.has;•, •.~h~ :nay F,urch3s<. th• properly' hE~r,.•, <lr-
s ;i~ci• .•ss:rn:u tha ndci>t v;•~cs: anti 'list .+nv c,; •! .. ~,~ c} .. .,.
:~ _ si c ;,~. :any,~a ^uy t_ ^:ade v=i1}:out n:, ere •o, or cots:.nt
v:;y i:-:nu.: rnc;,::•:brar.~ cr <:r rubsEryurnt purchaser.
_ "i•h;t the ...a:1u:c; of a .;ntten notice o,' dt•r:tar;d addressed ti;~ o•s•ner .f ;ecor;i of ttie n:ert};agc-d .:Wise=.
•n~ tEti, t•, th••,.<s d ,.~•ner at ttre last ad.lr, cs ur to t!i. '•-unlahe,i • t„ t E .:ortgr<gge. ur -3:rccted s:,:d ,: -tner r.t
~ .-. .:,urtgagc4i pr,•rrs.zs and rna:r.i the,:nigh t}:f t;n:tc•c{ Stat..•s n:a,is, s~:a/l t,e aurT:cunt nuti~c• urldvcient::ltd to any
i+.• ..rts.ng unc!er th:= ;;;>trunTerri c:nd rs*yr.lir: ~t b~ .r.r• i,ro•: aeons }:ereof nr by !aw~.
.., 7hE c:n•r•r.ants i:. r, ;tt cor:;:.u:E, shall t~:r:. ar,d .., r° .,E'a« ;~ t t r ,
• ~ :i'S ahd ad•. dii Whr~ 5.,21i }nli rF t-~ nr~yt t":E-
:r-. csr_utors, :sriruih:3irut~,rs. su •cess;us, and a;..;s;;,: , f t}:E 2,:,rL•es hc•retr r, rit:r:c•vE•r used tC,e s:ngu!csr :..i,r,i.„,
s.':,.'l gin-.la'ir' the ):I,ir:rl. t!:. }Aura! the siny;ul ~.. •..,~-l ,.:,• -.- •f any ,:cr.der tiuli ....!uc!e ali `.derma
k~~•
;r:.. ..,..rc c,a. ,ps ir: t},e ~:, mu:: of $ -- ` _ t < .r t,eun :,t!:xEYI the oz:g;nr;; r.r;tr : r:c': ,:nc•. i:t-ct
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