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And said Morrgagon, for themsalv~~ and th~tr heers: I~gal npra~mNive~, w~c~~~wn ~nd as~ipru, Mreby jointly •nd Nv~r~tty tov~na~r ahci ayr«
~o and with fM u~d MOQTGAGEE, ita sutcesiort and astiym:
1. To pey ~11 •nd tinyul~~ Iha printipel and interest •nd ths wrious and sundry wnu of money payeblt by virtw of ~~id promiswry noM, ~nd thi~
mortg~ye, ~+ch and ~v~ry, promptly on tM d~ys resp~ctively 1M fame s~v~rally b~corn~ dw.
2. To p~y +~II •nd •i~ul~r tM tsxes, ~as~~sm~nts, i~via~, liabilir~~a, obliy~tions ~nd ~ncumbrante~ of ~v~ry Mture ~nd kind now on s~id dNCribad
prop~rty, or that hera~ft~r rnay b~ impo~~d, ~utferud, placsd, I~vied, w as~~st~d tMr~on, or tMt h~r~•fn. may bs I~vi~d or ~?~s~d upon thb MorfQ~
+qs, w th~e ind~bredn~ss secured hereby, ~ich +nd avsry, whtn du~ rnd pay~bl~, accwdinp to I~w, k»fw~ tMy b~come d~linqwnt, and b~fon ~e+y 1nMrpf '
•ttachef w•ny penalty ia incurred; Ah0 INSOFAR AS ANY THfREOf IS OF RKORD TME SAMf SHAII 9f NROMPTLY SATISFIEp AND DI$CHARGED Of
RECORD AND iNE ORtGINAI OfFICIAI DOCUMENf (SUCH AS, FOR INST1INCE, THE TAX RECEIPT OR THE SATISFAtTION PAPER OfFIC1AlLY ENDORSED
OR CERTIFIEp) SHAtI BE PIACE~ IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in tM ev~nt th~t any tMroof is not
paid, iat~~fied and discharged sa d MORiGAGEE may at any time p~y thr i~me or ~~y p~rt th~reof witFwut w~i~inq w rff~ctinq any option, li~n, ~quity or
riQht vnder or by virtw of this mortgage and the f~ll smouro of each ind w~ry ~vcA p~ym~nt th~ll be imm~diateiy du~ a~d payibl• •nd ah~111 b~ar int~rpt
from the date thereof until pa~d st rate of tiyht pe~ centum per ann~m ~nd toqeth~r with wch im~rqt ~hall be sec~rsd by th~ li~n of th'1 mw9ta~.
To plao~ W+d aonttnua»ly kwp on rM bulldi~q~ now w+IKNMN ~fWt~ OII N1d IlAOI iRtl Ofl 1~I lQ4IpIY1M1 ~nd p~nonilly cuwt~d by this nwrr~
p~, wlTh al) pr~er~iumr tfi+rwn p~id in full, fin insur~nu in tM wual Nand+rrd p~aliey form, in ••um ~pprowd by tM MORTGAGEE, ~nd wlndstwm
lrNw~na fn tFN uswl tt~rod~rd polity form, Ih ~ sum ~pprov~d by tFw MCIRTGAGEE, i~ wch comp~~y or compania~ q tM hWRTGAGEE r?Ny
d7~~ct1 ~nd a!1 firr u~d wirdsfwm insur~nw policly on ~ny of uid bvilder~q~. ~ny InterNt ther~ln vr p~n thnwf, in tM pqrp~h avm ~forNaid w
in ~acNS tt~~r~of, sMl~ cont~in t1» uawl ttMdard mortpaqe~ cl~us~ a~uch oth~r tiwk ss the MortyagN may rpuir~, makinp tM Iws und~r s~id polF
clra. ~acfi and ~v~ry, paY~bl~ ro ~~1d MORTGAGEE is ih iM~rint m~y ~pp~ar, ~nd ~ath ~nd svtry wch policy sh~l1 b~ promptly au.9r+~d ~nd d~liwr~d W
~~y 6Nld by said MOR~GAGEE ~s furtfi~r security to aid ma~pp~ d~bt, and, not I~ than t~n (10) day~ In adv~ncs of th~ •xpiratiw+ of ~ach policy, to dr
(iwr fo wid MOR7GAGEE a nnewal thereof, toy~tMr with • r~ceipt for the pnmivm of tuch r~n~wal; ~nd tMr~ shall b~ no fin or windstwm inwrenc~
pl~e~d on se~y of t~ed bul~dlnqa, ~ny interesi therein e~r p~rt ther~of, unl~si in Ytw form ~nd with tht los~ payabl• ae afor~said; ~nd in tM •v~nt ~~y ~um
of mw+ry b~tomq payabl~ uhder tuch policy or ~olicie~ uid MORTGAGEE shall hsv~ tFe~ option to rec~iv~ ~nd appty tA~ am~ on ~ccovnt pf the Fndsbt~d-
n~st wcund h~r~by a fo permit s~;d MORTGAGORS to rKeiw and us~ it or ~ny parr thereof for other purpoi,e,e~, without thareby waivinfl w impair-
k+q any puity, li~n cx ripht vndar or by viriw of this mortyay~; snd in t}~ fv~~t said MORTGAGORS sF+~ll for any r~~wn fail to ke~p th~ said pr~rt+i~es w
imu~~d, w fsil to del(v~r promptly any of said policle~ of inturarxt to ~aid AAORTGAGEE, or f~ii prompt;y ts pay fully any pr~mium tMnfor p in any
r„p~ct f~il fo prrform, di~char9e, •zecute, affect, compltte, comply with arx! abid~ by this tovenant, or any part Mrwf, taid MORTGAGEE may pl~t~ end
wy for such Imuranc~ or any p~rt tMrrof without waivinq or sffsttinp •ny option, ii~n, rquity, or riyht undar or by virtua of thii Mwtqaq~, ~nd tM
full smount of ~ach ~nd ~wry such paym~nt shall be immedi~tely du~ artd p~y~bl~ ~nd ~h~ll b~~~ interest from tM d~t~ ther~of until paid at tM r~t~ 01
~irr p~r t~ntum p~? annum snd toqether with sudi interest ~hali be securad by tM li~n of this mort~~ys.
4. To p~rmN, commit or ~vffer no wastr, (mpairm~nt or dst~rioratios~ of ~aid prop~rty o~ ~ny piH therwf.
S. To psy al) ~~d ~irgul~r tM tWri, charyes ind •rpen~es, inctudi~ • ntwn~bls •ttwn~y'~ fau and co~ts of abstncri of 13~I~, incurr~d or paid ~t
~ny tim~ by uid MORTGAGEE, b~tavse w En the event of the f~ilur~ rM tM {,srt of tM said MORTGAGOR ro dufy, promptly ~nd fully ptrform, d~~ch~ry~,
~x~cut~, ~ff~tt, tompl~t~, comply with ~nd abid~ by e~ch snd tvary tM ttipul~tions, ~qre~m*ntt, conditions, and toven~n» of eaid promissory note snd rhi~
mortpap~ any or ~irlr~r, and uid co~fa, charpn •nd expsns~s, esch •r~d ev~ry, shall b~ immedi~t~ly due and piyablr, whether w not tMr~ b~ notip d~
m~nd, aM~mpt to co:l~tt or suit pAndiny; and the full amount of each and evary Yvch p~ym~nt fhal{ be~r interee! from fF~ data th~roof until paid N YM
r~ts o` nine p~r centum per ~nnum; and all said costs, charQes nnd expense~ inNrred nr paid, tppstMr with such Int~t~tt, shall b~ secvred by tF» li~n of thi~
6. That (s) in tM evrnt of nny breeth af th~s Mortgag~ or default on tfis part of tM ~1AORTGAGpR, or (b) in tM ev~nt ~ny of said sumt of money
Mtrln r~f~rr~d ro be not promptly snd fully paid within fhirty (30) days rxxt aher ih~ ~ame ~evsrslly become dvs and payabl~, without demand or rwtic~,
w(cJ ln tM ~w~t e~th ~nd every the ~tipulatio~a, aqreerrronts, conditions ~nd caven~n» of s~id promiuory note ~nd th~~ mort~sy~a ~ny w~ith~r er~ na
iuly, prwnptly ~nd fully psrform~d, d~schar9ed, rxetuted, effected, tompl~ted, tompli~d with and ~bided by, then in ~ither w any suth ewne th~ ~aid +q~
prpaf~ wm mrmtiansd tn said prom~ssr.ry note then remaininy unpaid, with intQrtat ~tvurd.+ ared all monty< <ecured hersby, ~h~11 b~tortH dw ~nd p~y~
abt~ forthwith, w thev~aft~r, at tl?~ option of said MORTGHGEE, a~ fully and compl~t~ly as if di of tM ~aid sums of rrwnay w~re ari{~inally rtipulated
to b~ paid on tucd+ d~y, mythinq in ssid promiuory rwte w in thli hlortq+g~ to tM contrary notwith~tandinp; ~nd tMrovpon w there~ft~r at the aps'wn of
siid MORTGAGEE, witfiout notic~ or demand, ~uit ~t I~w a in equity, ther~fors w thsreaftsr bpun, msy be prosetuted ~s if •1! monays sacur~d henby
h~! n»tvr~d prior to its irotitu4ion.
7, Thst in the event that at the beginniny of or at eny time pendinq any tuit upon thi~ AAo»flay~e, or to fonclo~ ii, or to reform it, or to enfwp
qaym~n! of any tlaim~ hereunder, ~nid MpRTGAGEE shall apply to tha Court havinp juri~dictian thereaf for th~ ~ppointment af ~ Receivsr, ~uch CewA sh~ll
forthwith sppoint s recaivsr of taid matyaqed property ell ~nd tingular, irnclud~ny all aad ainfluhr ths income, profiti, iuutt ~nd nvanws ham whatavsr
wvrce c~e?ivsd, ~~ch and wery of wbich, it being sxp~essly undentood, i• her~by mortq~qed u if specifiufly tet forth and deuribn! in th~ yrantinp and
FubMidum clausss hsrwf, ~nd such Receiver st~all have •11 the brwd and sffacriv~ funstiorn snci powera In anywise ~ntiutt~d by a Court to • R~ce(wr, and
suth appointment ~halt be mode by :uch Covrt as sn odmitted equity snd • matt~? vf ~bsolute riqht to s~id MORTGAGEE, ~r~d withovt refK~r'~q to t!»
adpuacy or inadequaty of the v~ive of the proper;~r mortqe~ed or to the tolvtncy or insolve~ty of ~id MORTGAGOR d tM d~f~nd~nb, ~nd thaf ~uth
r~nt~, profih, incoms, [sfues ~nd roven~es ~hsll ba ~pplied by wch Receiwr ~ccotdinp to tlx lisn or wuiry of said MORTGAGfE and tFN pr~dlp of suth
CovrT.
8, To duly, ~emptly •nd fully perform, diuherqa, eaecute, effect, compl+te, comply with •nd ebide by each and wsry tfie ttipulatiarq, pr~emenh,
oadiYaro ~nd covsn~nh in aaid promiisory note +nd this morty~~ye t~t forth.
9, Tiut in tM event the owncnhip of th~ rreorfqsqed premi~ro, or •ny p~rt thereof, betomes ve~ttd in • ptrwn other th~n fF» MOkTGAG4R, tM
MORTGAGEE, iq wtcesson ~nd a~signs, m~y, without notice to the MORTGAOR, deal witfi ~uch succesaw or ~u<cesaa in intertrtt with raf~tt~nt~ to thit
mott~spr snd tM dsbt h~rtby ucured in the t~ma manner p with Morty~yor witMut fn •ny wsy vitiatinp w'dixh~rqiny th~ Nbrtg~qors' liability horo
und~r or upon th~ debt hereby yecwed. No ule of tha promises hereby mort~ay~d ~nd no forbearanca on th~ part of ths MaRTGAGEE w ih sucu~son
w+uiyrn srid no ~xtension of the time fw tF~e peyment af tha dsbt he~eby ~ecured qivan by ihc MQR7GAGEE or ih sucussws or au~yna, ahall op~rat~
b nI~M~, discfwrQ~, modify ch~np~ o? affsct tl» oripinat iisbiliry of th~ MOR7GAGOR 1»rairt, ~ithet in wkrol~ w In p+rf.
i0. tt b ~pscifically ~yrwd that time a ot tho essenc~ of this contrsct •nd that no waiv~r of ~ny pblifl~tion herwnder or of th~ oblig~tion t~-
cw~d Mnby ihsil ~t ~ny tim~ thersafts~ bs held to be • weiver oi th~ tatrru herwf or of the instrumant ~ecured her6p.
11. In sdditton to tha forpoing monifily payrtsents of princ p~l and interest req~ired 'ey ihe promisspry note secursd hertby, mwtq+?flor covsn~nri
end ayr~st to pay to mortypN with each mo~rhty peymsnt an ~dditional ~um atlmared by mo.=t~cgee to be aq~~l to 1/12 of the ennusl cost of the foflow-
ly
E A-~All nal property taxet I~viad or aisessed sgain~t tfie ~bovo dasciibed real astrte.
~ ~-Promiusrw pn fira and windstoem insuranca as her~in required to be urried o~ th~ improvementa situate on ths above ~letcrtbed premisei.
k C-Premiums on such mortq~ge guaranry insurince rs mortfloyey shal! fram time to time dcem .'it to csrry on the b~n setured F»rrby,
Mortpayae ~hall from t+me to time notify mon9s9or in wrilinq of tlk amovnt due •nd payebl~ Mreunder and ~uth sum ahalt tMrwpon b~ dw ~nd
~yabt~ on the du~ dats of ti+e next monthly payment and eath ~~caes~iw ma+th thereafter untii martflegia shsll notify mortgayor of a chsnp~ !n iuch
rrnvunt. Such sums th~ll be applied by mongi9ee tow~rd ths p~yment of r~a} prop~rty ~t~xe~, iMVranc~ premi~ms, ~r~d mortpay~ ywr~nty inwrarfca
~ pnmlwnt.
' IN WiTNE55 WHEREOF, tfi~ uid MORTGAGOR ~ herwnto ~st his h~nd and ual the day and ear fint ~far~said_
SiOrwd. SM ~nd d~1i in tha pr ~ p p+~ ~ 4
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~;~r!diyfdwla. dMcr ~~nd wl+c~ e~c~cut~d tM farpairg Inat?wmr?t, ard ~ckrwwledq~d b~for~ ma thot tMy ~x~wt~d th~ a+rn for tM pu+po~w
Awr.tn :xpi:arii' ,qrd ,~e Ss~~h IK~Or~
'~iM~'`~o~i1~ ~dCs ~,Ly~ , JAm~~ c)~7~*Q upon a ~ati N+d priv~»
~rinli+wMon~y rpi,,rGMr ~iate ~nd ap~n f?an h~r j~id hwband, ackrwwtsdp~d ro~nd b~fo~a rrw tt+at ~F+~ ~x~cvtsd N{d IM1N11HM ff«ty and volver
brilY -M+d.wili+¢ut ~iy eompuhior+; corati~inj: ~pp~F~aiidr,, w ha of or froen he~ N1d hwb~~d.
wttri~ss~
ior ~ ho~d..~d` M~~ ~~:r g~,R._.~th d.Y oe ti e. i~~
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tifisa+s hd~ral 3atin~~_ fS,tda~ Iusotl~lidwr~, ZORitt1l4S10tt E7,{,~,fEi ,fJ~_:~`;~ i. ;rjty
~4t'd~d Er fR.er~can i~ro S <
Of Sf. lY[~i ~11~. ~ a.. itr Co.
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