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lx`rformnnce or vb:a n•nure of auy cod dtuultr to~ pdiliun of `t;n,vn~ ut in ~~,id uut,•, of in am: in4tnnnrltl noo or herc-
aftcr er•idcncing or ~ccuring the snm~,-nail l1,Ffheldt~rk~f taill~t~t<• mn} nppl}• p:,}~nu•ntR ~cccatvl on nn}• nnuxlnls
due then`ur.dcr .u urcler the term; o: any instnurent n,.,v or helcnftcr evidru:ing or se:uring >:.id ni,te, as such
holder may detenuine;
2. •lb pa}' the imlchtcclnc`sq hereby scc•urcci sect inlcn•~t thereat pn,mptl}• on the days Rlrccitic.l for the sn[no
to beeumo due and payable, and also on demand xn}• other indel,tnlnerv that nul}• nceru,• and hr•comr ~luc and pay-
able to the mortgngecr under the tcrmx and pn,~•i.iuns of tbi, nlortgugc; '
3. "1'v kc`ep the mnrtgngcvl prcmucs in goal repair; to neither commit nor Rafter strip or tvnsie on the mvrt-
gngcd premises; to obtain the written consent of the mortgagee hc•foro demolishing, removing or mntcriall}• altering
an}• building, Rtnu•htrc or improvement now yr herenfter upon the murtgagccl prcmi.+•s nr before allowing any such
building, Rtrnchlrc or improvement to Ix demolished, removed or mnteriHlly altercrl; not to cvmmit ttor softer any
act by which the value of the mortgng,~d prcmives may },c impnircci; and not to violate nor, permit the violation of
any lxrv, by-law, onlint;nce or ccntrnct•alfecting the n,ortgngcd premi,:c`R; apt to violate,nar suffer the violation of
thq cor•crlnnts and agreementR, if an}•, of recent against the mortgng+`,1 prcmiyeq;
4. To pny lxfore delinquent or tx`[ore any lwnalty for nonpayment attaches thereto all taxes, impoeiliona,
a.=RCasmentR, water ratcw, and chnrgcR of every nature and to Ivhrxnever trt~+c?Nett-that mar now or_herei-tter tee
impohccl, levied or n.•:~esrd upon or against the mortgaged prcmiecs or any part thereof, or ulxrn the mntR, i:>,000S,
{aroma or profitR thereof, whether auy or all of Rnid taxes, Rssc::~menta or chargeR lee levicvl directly or indirectly
yr as exei~tr taxes or as income taxes;
5. '1'n kec`p the huildinKa end impmvemcutg nmc stnn,ling or herenfter ercct~cl upon the mortgxgcrl premises
and ale}' And all xpparatu:~, fixhlreR and nppurtcnanr+:a nm~• or hrmaftcr m or attachcct to Rtud bwldings or -mprove-
nrelltR, InFUf('tl RgalnRt h>;:S or damage by fire and such other hnr•nrls aR the mortgP-gcr may from time to time require,
all such insurance !n he in fonnR, m comprnirs and in sumo (not lea than su(licient to avoid any claim on the part
o[ the insurers for co-insurance) Ratisfactory to the mortgnQcr; that alt insurance lrolicies shall l,e held by turd Rh,rll
be for the benefit of and first pa}•ablc in ca=c nt ]0~4 to the mvrtgagcr, and that at least fifteen days before the expi-
rntion o! each such petit}•, a new and sutficicnt pvlicy to take the place of the one so expiring shall be delivered to
tha mortgagee. The mortgagor hereb}• ae~ignR to the mor(gngec aC moneys recoverable under each such policy,
and ngtreR that in the event of a lo~a the amount rnllected under any policy of insu~nncr on Raid property may, at
the option of the mortgngc~c, tx` applic`d by the mortgagee upon any indebtedneRR and/or obligation secured hereby
and in such enter r_R mortgagee mn}' dctcrrnine; or Fatd amount or any portion themof easy, al the option of the
rnortgngcr, either }rc used in replacing, irpairing or rrsloring th+• improvements pnrtiall}• or totally deRtroyed to a
condition sxtisfnctor}• to stud mo'tgngcr, or 1M relca.=rcl tv th+• mortgagor, in either of which eventR the tnvrtgngce
shall not F,e obligated to scr UI the pn,lrcr application thereof; nor shall the amount Ro tt+learrd or used be deemed a
pn}•ment. on my inck`htcdne~u secured hereb}•. 'I he mortgagor hemhy appoints the mortgagee attorney irrevocable
of the mortgagor to x~~ign cnrh such polic}• iu the event a( t6+• forcck>FUre of thin mortgage;
fi. '1'o pa}• all sums, the failure tv pny which mx}• result in the acquisition of a lien prior to the lien of this
mortgage, }a`for~• such n prier lic`n mtl}• attach;
7. 'Ihnt epee fnihlm to comply ttith the prcccdirtg,•m•ennnt or with any of the covenants and agreements
aR to payment of taxes, impc>~itinns, at;~c`r;=rrrr•ntR, tt'nti•r ratt•s and chnrgs'R, making of mpnirs or maintennncc of ins~~r-
ancr nR nfnrc•snid, the mortgngcrc, without prejudice to ur.}• rights Kiven under Rulxsequent parngraphsherni11smms
r,rnke advanres to tx`rform the same in l,ehalf of the rnorlgngur, t,nd the mortgagor hemhy agrees tv mpay
so ndvanccwl in his lx•hnli, on dernauxl, with int+•rest from the date adr•nnccvl al the rate of eight per esntum per annum,
and all sums so ndtxnced, with {alerts ,rs afor,~snid, shall 1,e imnlydiately due and payable and bcr savored hereby,
having the }x`uefit of the lien hereby c•rc•atcd, and of its prinrit}•, hat no such advancrR shall tar deemed to relieve the
mvrtgagor from lur}• default heirundcr or impair any rignl or remedy conRequcnt. thereon, and the exercise of the
right to make advances grnntnl in this pnrni;raph shall hr optional r~ith the mortgagee and not nbligtltory, and the
mortgagee shall not in nay case lee liable to the mortgagor for failure to exemiae any such right;
S. 'That. the mortgagee Rhall tar subrogat,ed foe further security to the lien, although released of record, of
an}• and all encnmbranees paid out of the procc`c~ds of the Ivan Recurecl b}• this ;nortgage;
Q. That, while there is no default in the prrfurnuul~•e or o},,=en•anm o[ any of the covenants or agreements
herein contained, the mortgagor shall have tha privilege of collecting and receiving all rents stealing under ]eases
or contraris of tenancy far the mortgaged premises or any part thereof; or to
10. 'That, if any active or proceeding rx evmmeuced (excepting an action to foreclose this mortgagg
cnll-•c`t the debt hereby secured), to which action or prooetcling the mortgagee is made a party by reason of the exe-
c~tion of this meet gng~ or the Hula which it secures, or in which the mortgagee derma it necessary to defend is Dreier
to uphold the lien of this mortgnptc or the priority thereof or possession of said mortgaged premises, all eurte.9 paid
or incurred by the mortg:lgce for counsel fn`s and other expeir_sc•R in such action or proceeding shall be repaid by the
mortgagor, tvgethcr with intemet. thereon fmm date of pa}'rncnt by the mortgagee, at the rate of eight per centum
1x`r annum, and all such Pums and the interest thereon shall lx invnediatdy due and paya'~lc and be scti.uted hcsrby,
having the trepcfit of tltc lien hereby emote'{] and o[ ifs priority;
11. 1'}tat nn}• and all awards heretofore marls and herenfter to lee rnadd by the City of !'per P~lTC•
or any municipal, county, etnte or federal authorities to'.hc prr>;eut and all sub~quent ownere o[the premiRese o~`red
h}• this mortgage, inchuling soy art`ard or arvanl~ whether for a taking of title to, poFSCRRion of, or,any
the mortgaged premises or nay part thereof and any nwnnl or nrvarda received for damages sustained by the mort-
gagtd plrmiscR or any part. thcrcvf or fvr any change ur changes of grade of sfreetcr affecting said premises, are hereby
ar`aigned to thc• mortgagee; and the mortgagee, ut its option, is hereby authorised, directed and empowered to collect
and recein'e the proceeclx of any such urenld or arcarcls from tilt: nuthpritic•s making the same anc~ to giver proper
receipts nr.d acquittances therefor, and to apply the same toward the pa}•nrent of the amount Drying on account of
the murtKnga debt, not tl-ith~taiuling the fact ~hnt the nmvunt otcing al account of the mortgage debt mnyrnotl~
then clue and pn}•nhle; and the mortgagor hereb}• crn'enant. and aFrc•es to nett with the rnortgagec, upo rq
i,}- the mortFxgcc, t+, nutke, execute and deliver any and alt rl`=ignmcrts end ^fhrr instruments eu(hcicnt for the
pnrpr>vc' of ns=igning the n(nlrsnid nrsnrrl or awards tv the mnrtFnFce free, clear and di=.chargal of any and all encum-
brance ~f r. m• kind yr n:,tnrc rtalat~crevcr; -
12. 'I hat and failnt,• to c~c•rcic` an}• right hen`under ~ha11 not eon~titute uor be eon?tnletl •tv a waiver of
that right at tun• flllnt,• tinu•; -
13. 'That thi> uu„tF:,c cn,atc; a continuing lien to ~i•curo the full turd final p:q•mtvlt of the debt hereby
secured and all ,ether ,.h!i}~.,tiunx impo~c•c1 herch}• and hcrcnftcr ari~int;.
.~Otl), if Ihr p..` ~r, ~~:,_ ;ur nl:nl,• :.s prc,~•idt+l :uul :.Il the fotcSuing cuccnunt.; :uul a):re~•na•nts me Ixrrfonn,`d
:,u,l ob,crcrd, Ibi nr,~ t;t ~: • : {,all Ir null :nn1 void ,u,d sh;,ll Le rc)ca~,~l :It the cn't of the nrurtgaqur, which tu.;t
tlu• t~u.t};:,gui :~:•t,~ . ~.~ 1 I,nt nl,~u, :,~,~' .l,~f:m!t iu the p;,}noel of the itt,)thtr~ln,-• Lcr•h}' v~'un•d ur ul_au}'
in~talhucn( tb, t,,,i ,,, ~ ~~~~. ~, t t!.+,."u,, :~ :he}• >• t,:.rll~ I : ~ uuu` due, ur ut,rn, :,uv dr(:n,lt in the pcrGnu,;u,ce