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And aid Mortppa+t, fa th~m~~lv~~ ~nd rhsi~ hrin, Ip~l f~ryN~H~iVN, wct~uar~ ~nd ~uipm, Mr~by jointly rnd wwr~lly townant ~nd ytw ~ i
ro~nd with tM uid MORTGAGFE, iu wca?w~~ ~nd ~uipn: f j
1. To p+y ~II ~nd ~inpul~r th~ printip~l ~nd inru~n ~nd rM roriw~ ~nd wndry wna o} man~y p~y~bN by vtrtw of uId praniuwy rwt~, ~nd 1hb
mortq+p+, wch md wery, promp~ly on tM d~ye rap~criv~ty tM ~ame wwrdly Mcam dw. ~ ~
Z. To `
~Y ~II if1E Iit19YIN 1M lilfl~, u~eum~nh, I~vN~, li~bilitHi, obiiq+tiom ~nd ~ncumbrmcM ol awry n~hrn ~nd kkw! now on uk! dncrib~d c'~,
proprny, a thH MrR~f~~r m~y b~ impowd, wffa~d, Pl+ud, I~vi~d, or auaaed tMrwn, er tMt Mn~ftK m~y b~ Nvi~d a atMwd upon thi~
~
p~, a tM indfbadnsu Ncured Arnby, e~cA ~nd way, w?wn dw ~nd p~y~bN, ucadirp io I~w, b~lon ~My becom~ d~lliqwnt, ~nd b~lon ~ny in»ryt I
~ttuhy a my pen~lry i~ incurred; AND INS(~fAR AS ANY TMERfOF IS OF RECORD THE SAME SHAII AE PROMPiIY SA115FIED ANO OISCHARGED OF ~
REC~~RD AND THE OAIGit3Al OFFICMI 0(1CUMEN~ (SUCH AS, FOR INSTANCE, THE tAX RECflPT OR 1HE SAT15iAC110N PAPER OFFICIAtIY ENDORSED
OR CERTIFIEDJ SHAII SE PIACED IN TNE MANDS OF SAID MORTGA~,EE WITNIN TEN DAYS NEXi AFTER PAYMENi, md in tM ~wni tMf ~n~ fhrrwf u no~ +
p+id, ut~dirc ~nd diuhuged ~id MORTGAGEE m~y ~I ~ny time p~y the ume a my p~rt tMnof without w~i~inq w iff~crirq ~ny oplion, IiM, puiry a
~pht urn1~r or by virtue of this mong~ge ~nd fht }ull ~mount of ~~th ~nd evay ~uth p~ym~nt ~hall b~ imm~di~t~ly dw +nd pay~bN ~nd ~MII bNr iM~rqt
From the d~u th~reo{ uetil p~id +t r~te ol ~iphl par centum prr innum ~nd toqs~Mr wilh wth int~ret ~h~ll b~ ucured by IM ~i~m di th:~ morql~qt.
to p~w ~nd oomtnuou~~y t.~ on e+. b,~twt~ oow ~ r~..fiN oiwn o~ Nb ~•~d .~d o~ ~ip~.m .~d P.rw~,~y ~v~?d br rt~ ma+p~ ~
p~, wHh ~II pnmfurro tlrnon p~id in (v1~, fin iraw~nn in t!M uwal ~t~rdud polky fam, M~ wm ~pprowd by tM hWRTGACEE, md winduorm
kwK~na k+ IFr wwl etaid+rd policy form, in • wm ~pprowd by tM MpRTGAGEE, in ?uch compiny or comp~niw w tl+~ AWRtGAGfE m~~ i
dkMi ~nd ~II fin ~d windqam Inwrw~a polkfN an ~ny Of Nid bYilEinpl, my fnNr»~ ~Fwrde a p~rt th~rwf, In ~M pyrprh wm ~knuid a ~
N~xaa 11+wwf, ~MII tonNin 1M u~wi qmd~rd mortp~yN clww a wct~ oth~r tlww a tM Mort9NN m+Y n9uin, m~kirq tM laa u~r uid polF
cia, Mch ~ndwwy, p~Y~bl~ b uid MORTGAGEf iq 1111Hf~1 ~My ~~Nt, u~d Hd, ?nd ~wry wch policy ~MII b~ pranpNy ~u.yrwd md d~liwnd ro
My h~ld by Nid MORTGAGEE a f~rrMr wcur~ry ro e.id mor~y.p~ deb:, ~rod, not Iw ~I»n a?n p4) d~y~ tn xlr~nu oi rM ~apintion of wch policy, ro dt i
liwr to wid MORIGAGEE i ra+.w~l Menol, ?op~tMr whh ~ nc~ipl fa th~ pnmi~m ol wch r~wwd; ~nd rMr~ ~hdl b~ ra firt a wind~torm inwrma ~
pl~e~d an ury of uid buildlrpt, ~ny iarnqt thKdn a p~rt thenof, unl~u in iM fam ~nd with tM las~ p+y+bl~ u~(aeuid; end in tM ~+~uit ~ny wm
af ma»y b+tomN pay~bl~ und~r ~uch poliry a policia uid MORYGAGEf ~MII Mw tM option to nceiv~ ~nd ~pply tM e~m~ on ~ccount pf tM ind~bt~d
n~ Na+nd Mnby a ro permit uid MORTGAGORS ro nceivs md uw fl a my p~n thereof for other purposes, withoui thereby w~ivinq a imp~ir ~
t~
my puity, liw; or ripht urdrr w by virtw of ?hii mortqp~; ~nd In tM ~wni H~d MORT3AGOR5 ~hdl fw iny n~wn f~il to kNp tM wid prtmb~n w
iround, a fdl to d~liwr promptly my of Nid policia of inwrux~ Io uid MORTGAGEE, a Hil promptly to p~y fully ~ny pnrrium tlw~fa w in ~ny
rnput f~il b p~rfam, diKharp~, ~xaut~, ~ffM, compl~fs, ~anply with +nd ~~id~ by fhit cown~nr, a ~ny put hereof, Hid MORTGAGEE m~y pl~ md
p+Y f~ ~ ~mur~nc~ or ~ny p~rt thpwf without w~irirp w~ffatirp ~ny option. I»n, puity, or riqht unde w py virtw oi thi~ Matpp~, ~nd th~ `
iuli ~moum o( Nth uid ~wry wth p~ym~nt ~h~ll b~ imm~di~hly dw md p~y~61~ ~nd ~h~Il bur internt from tM dd~ ihueof until p~id ~r tlN aq of
ni~n p~r nntum pn ~,;wm and top~tMr with tuch imere~f ~hdl be Hcured by tM li~n of thit mortp~y~.
1, io p~rtnh, tqnmit tx wffer no w~st~, IMp~irmem w dotear~tion of ~eid prop~rty or my p+A th~rwf.
5. To p~y dl ~nd ~irgul~r the ta~tf, cMrpa~ ~~d ~apenu~, intludinp ~ rt~~on~bla ~ttun~y'~ fN ~nd cotq o( ~brtru~ of thi~, Incurnd or p~id ~t
w~y Ilna by wid MORTGAGEE, btuux a in tha ~vent o1 tM fulure on tM ~,art of tM taid MORTGAGOR to duty, promptly ~nd fully p~rfam, diKlurp~ :
~xaut~, +N+cr, complet~, wmplY wirh ~nd ~bide by ~uh ~nd ~very tM ~tipui~tioru, oyrNm~nb, canditiom, md cown+nn of uid promluory nof• .nd rh~~
mortpp~ ~ny or eithar, uid s~id tah, chorpst md expenu~, eath ~nd ~wry, ~MII b~ Immedi~t~ly du~ ~nd piy~bl~; wMtMr or no1 tMn b~ notit~ dt
m~nd, ~fNmp1 lo collfd a wit pilndirp; ~nd ~he Full ~mount of axh snd er~ry /uch p~ryment ih~l) beu internf from tM det~ therw) umil p~id n tM '
rote uf nin~ per cemum per ~nnum; and all uid cotl~, <harqe~ and expenses intvrnd a p~id, toqether with wch intered, ~h~ll b~ ucurad by tln liae of thi~
i
6. ilwt tn th~ wmt o( en brath oi thh Mort i
Y gap~ or debult on tM pert of th~ MORTGAGOR, a(6) in tM swnt ~ny of u~d wnu of morny
Mrdn nfend to be not promptly md 4ully p~id within thirfy (30) dayi next ~fUr th~ umM uwrally 6ecom~ due ~nd p~y~bl~, witFaui d~m~nd or rrofitL,
or tt~ M 1M went e~ch end w~ry tM ~tipul~tions, eqreem~nt~, condition~ md tovm~nri of ~tid praniswry nate end thl~ monppe ~ny w ~itMr ~n eol
luly, promptly ~nd fully p~rfa~m~d, d~uhuped, sxecufed, ~ff~cted, completed, tompii~d with md ~bid~d by, IMn in ~ither w ~ny tuch ~qnt tM uid ~
prp~t~ wm mentioned fn uid promiuory note then rwna+ninp unp~id, wiih intept ~ttrwd, ~nd ~!i mor»yf utured hanby, ~Full bKOrr,e dw md p~r ~
~bl~ (orfhwiifi, u there+fl~r, H tM oprian of uid A90R1GAGfE, u fully +nd cpnpMtdy +i if ~Il o} the uid ~um~ of mon~y w~n orpirully nipul~t~d
ro 6~ p+~d on wch d,y, mythiny in faid promiuory npfe a in thh Nwrtflp~ to ih~ tomnfy notwithstmdinp; ~nd lherwpon a then~he ~t tht oplian of
~id MpRTGAGEE, without notice or dem~md, wit ~t I~w or ia puity, therefon or theraher bpun, mey M proacuted o if dl mon~y~ ucund Mreby
h+d m~tund pria to ih imtitution.
1. TMt In th~ event ihet it tM beplnniny of cu et ~ny tircn pendinq my 4uit upon 1hi~ Mortqye, or to foretiou it, or M reform it, or to anforp
p+yrtkni of ~ny cl~irru Mrwnd~r, uid MORTGAGEE ~h~ll ~pply to the Court h~vinp juriulittion Iherwf for the ~ppointment of ~ Reteivtr, tuth CaA ~hiN
fotthwlth ~ppo~nt ~ rKeirtr of uid matq~yed property ~II ~nd tinyul~r, includ~ny all ~nd iinyul~r 1h~ income, profit~, bwn ~nd r~venun ftom whNw~r
aurc~ duiwd, ath ~nd wery af whith, it bein9 ~xpreuly undeqtpod, i~ Mreby moAp~qed u if ~p~dficelly ~et forth md dt~crib~d in tM pr~ntinp ~nd
Mbmdum tl~u~t herwf, +nd wch Receiver ?hdl h~w ~II rhe 6roed end eF(ectivr fundiom md powsr~ in enyw~s~ entru~r~d by ~ Court to ~ R~ceive, md
wch ~ppoinlm~nf lhill b~ m~d~ by suth CourT u m~dmitted puity ~nd ~ nutte of ~bwluu tipht ro wid MORTGAGEE, ~nd without r~f~nnu to tM
~deqwq or tn~deq~~ty of th~ value of tht prop~rty morty~y~d or to the ~olverKy a inwlvency of t~id MORfGAGOR a 1M d~fend+nq, +nd th~r wch
rtnb, profih, income, luue~ ~nd rov~nun th~il b~ ~ppli~d by ~uch RKSiwr ~aordiny To tM lien or puity of Nid MORTGAGEE ond tM rMiu of wch
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8. To duty, prompdy md fuliy perlorm, d'sscMr9e, exacute, ~ffect, complete, wmpiy with end abide by ach ~nd twry th~ dipuGiiau, prNmenb,
tonditiau md covtn~nb in uid promiasory nota md thi~ marfqaq~ Nt forlh.
9. Tlut in fM ~vsnt th~ ownenhip uf tM monpped premifet, or ~ny p~rt fhereof, become~ wrted in ~ penon ofher th~~ tM MORTGAGOR, tht
MORTGAGEE, in wcteuon md qiigne, m~y, withwt notiu to th~ MORTGAOR, dal with wch wcceuw or succe~~a in iniere~t with r~f~r~nce to ihi~
mortppr ~nd if» debi henby tetured in tha um~ m~nn~r M with Monppa without in +ny w~y vit+etlrg or d~uhupinq 1M Mortp~yon' li~bility hert
ur~r a upon tM debt hereby faurod. No u!~ af the pnmiu~ hereby moApefl~d md rro forbea~~nce on iMt put o1 tM MORTGAGEE a Ih wcuuon
a eupn~ md no ~xt~ntion of th~ tfine fa the paymenl of th~ debt hereby ~ecurtd yiv~n by tM MORTGAGEE or it~ wtceswn or ~s~iQni, tlull opa~t~
?o nlNw, d~xiwrg~, modify chup~ or aH~ct th~ oriqirul li~bility of the M9RTGAGOQ Mnin, ~Ither in whole a in p~n.
10. U b tprtffiully prwd tlut tlrrh h of IM eaenu of tfiii contr~q ~nd thtt no waivsr of my obliq~tion h~twnder a of fhe oblpNbn N• '
iw~d iwnby ~MII ~t my ~irrN therwite b~ held to 6~ ~ w+lvrr of the I~rmt harwf a of the inprumen9 tewred herby.
11. In ~dditkn to tM fonyoing monthly peymems oi princ p~l ~nd interat reqvired uy the pram(swry note ~ecured herr6y, matq~por coven~n~
•nd pr~ to p+y fo moApyp wiih each monrhly payment ~n Mditiond wm ettimusd by mort~;.gee to be equd to 1/IZ of th~ ~nnwl co+t of the follow-
~9~
A-All !wl prap~rty t~xet Iwied or ~ssested ~yeinst the ebove described re+l ntate.
E-Pnmiurtq on fin md windNorm irouranu os here'rn requird ro be urri~d on the improvtmmt~ sitwte on the above dncribed pnmi~n.
C-Pnmiumt on wch mw~p~ge pu~renry intur+nn u moriyyee ~h~ll from time to time deem fit to sarry on the lom ucund Mrtby.
AAortqrqee th~ll from timt to time notify mortg~qor in writirp of tM ~mount due a~d p~y~bie hereunder ~nd wch ium 1MIi therwpon b~ dw ~nd
p+Y~~~ dw dete of tM nezt monthly p~ymeni ind wch wecn~iv~ morsrh therafter until mortqap~e shail notify mortyiya of ~ durpM in iu[h
~narnt. Suth ~urta ~MII b~ appli~d 6y mortyagw fow~rd the p~ymtM of roal ptopfrly kx~~, {nwnnte premiumf, ~nd monyp~ qwrmfy inauranp
p~~miwu.
I!! WiTNE55 WHEREQF, tM uid MORiGAGOR h+~ herwnto at hi~ h~nd md ~e~l th~ d~yan fint doq~,__
SJp~wd, S~a ~nd deltvK~d In tM pnwnn of: J,~,
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