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aad ~haU pa~ ap other we~. pm.ided co be paid br shL Mortp~e~ aad ~6all per(am. oompl~ .with aad abids b~ eah ud ~
ever~r t6e suP~l+~ioa~. +~enn. oonditioa~ and oo~anaau af wid promino~y aote and ot thi~ deed. tbea t6L deed tsd tbc
atate 6er~ebr created a6all oe~ue and be anll aad ~oid R
AND TH8 MoRT~AGOR doa 6eiebr iurther ea.~aaat aad ap+ee ~s ~ollows:
'1. To par all and sinsW.r ~e princi~ai and 3ncera: aad a~as aaa of monef w~ M•~e o[ ..td p~o.i.o~ ao~e
and d?b morts+ta or eu6er. w+amPti~ on tbe dar rapeal.dp tbe aee snervl~ co~?e dne. -
2 To P~r aU wd aiasulu tue~, aMasments. le~~. liabilltie~ obliptions aod escnmbraeoes ot eren a~ttu+s oa ~aid
dacribed Prnpa~tr. aeh and ere~, wahtn the tiote tpecified ia Par~rsph 6 beta+. ~nd if t6s Mes ~Wi aot be peemP~h P~.
tl~e Mortaa`ee ma~. at an~ time citber befaro or after delia9~~1. M7 t6e iame witbont wairin~ or aftectias t6e option to fore-
c1ae. or aar ria6t haeunder ted aros7 P4~~ so made ~hall be~r Iotecat irom t6e date tberoof u ths nta ot 10 pe~oe~t
prx anuns~.
3. To keep tbe baildinp no~? or 6ereafcer oo said 4nd and t6e iI:tures aed persooal propat~ t~ereta oontained iMnred.
ia a oampan~ or oaaparia aPPro~ed b7 tbs a~aripaee. ~ainst las b~ iie~s ~nd wind~o~m. iot d~e hi~6at io~or~We hlue w
tlut the mortaagcds interat is not subject to oo-inwrance, and the pulic~r or policjes ~hall bs 6eld b~ and be pqabie b wId
m~tpse~. aad t6e ma~t~a~ee ~Latl ha~e tbe option to reoa~re and +~PP4 said pa~meot m aoooaat of tbe iadabtedear Lereb~
secnred. or pecmit tbe soztasaor to receire or ws it. ~ anl P+rt t6ereof. for an~ parpo~e~ ~ritLa~t tLaeb~ wa[~ ar la- !
P~~i ~~~b. lia? or rl~t ander and b~ rirtne of t6is mort~a~e and ma~ plaoe and pa~ foe a~cL im4ranos ~ an7 Wrt
t6ereof Mithont r?airins or aftectins t6e optioa to tareclae or an~ ris6t berenader. aad eae~ a~c6 pa~t s6a11 bear interat from
date at the nte of 10 peroent per annwn,
4 To permi4 oommjt, or wiffer no wa~te. imPairmmt, abaadonment, or deterbratbn oi aid p~opatT. or wr part tLere-
of. and npa? the [ailnre of the Mortsaeor to keep tl~e bnildiap and persooal prope~t~ oo said prope~t~ in sood ooadition ~ n-
pair. the Mortaa~ee ma~ demand tLe immediate npair of aaid Propat~? or an ine~ease ia tlie amonnt of securit~, or tLe im- ~
mediate repqmeat of tLe debt 6a~eb~ ~ecmed. and the failnre ot tLe Mortsasa: to oompl~ whl~ ~tid d~~nd of the Morta~ee
Eor a period of IS daps. ~hall ooostitnte a breach of ehi` Mort~e, and at t6e option of the ~Mortsa~ee, immediatel~ matan ~
the eatire aanount of principal and intere~t benebr ~ecqrmd, and t6e Morta~ee, ima~diuel~ and ~ithoat notiae. ma~ tmtitnte ~ : t~
' proceedinp to forcclose thi~ Mott~a6e and app1~ ior t6e appointmeat of a Reoeiver, p hereinafter pi+ooided. /
1:
S. To perfoam. oo~pl~ ~.i~h and abide bp e~ch aad e.a7 t6e sciPalatio~u. a~reaneob. oonditioos. and oormanta in said
~ pmmieeor~ note and deed set iocth.
6~ To delirer to tbe Mortaaaee, on ar befoee Febn~ar~ 1 of e~eh ~ear, tu reoeipts eridmc~ t6e pu~ment of ati Lwlnllt .
impoecd tuee npae tbe mortseaed pmpe:tr for tbe Preoedins caknda* 7ear: to delirer to the Mat~aaee :eocipb enidencins tbe `
wpme~s of all l~eos for pablic imp~v.ea?a~a within Nineti (90) da~rs dcer tLe same ah.ll beoome due aud wnb~e. and w pa~ ~
or dischar6e wiehin Nioerj (90) da~s after dne date. a~r and atl 6ove~rnmmtai le~ies t6u mq ba made on tbe mat6a~d
properh'. on thi. Masrtaaae ar aae or in aer other .ra~ nsnltio~ fenm c6e moutaaae indebtedne~s sectired b~ this Most;a~e.
T. To Pa7 all., aad sioaulu tbe co~ta. c6+*s~s. and apaue~. incladios law~er's feas. reuonaW7 iaar~d o: paid at any
time b~ t6e Mort6a6e~ becau~e oi the failnre of t6e Mort~o~r w pe~fo:m. compl~ wieh and abide b~ eac~ aad e~ra~ tLe ~tipn- :
luions. a6rarm~nu. oonditioos and oo~mints of aaid prnmiron note wd tLis deed. oc eitkt. and e~r ~nch W7~t aball 't
beu iaterest fia~s d~te ~t tbe rate oi 10 paroent per ~nnam.
8. Tbat ii aa7 action. or piooeeding, a6a11 bc oommenoed b~ an~ pwson otbar t6an the botder of thL morepae (acept
u? action to foreclose ehis mortaa~ oc to ooUax tLe dcbt ~ecared tbereb~) to whkh action, ot prooeedina. tLe Lotd~ oi this
mortgage is made a part~. or in whic6 it ahaII beoome aecerac~ w defmd. or apbdd. tbe lim oef this atat~q, all au~s
paid b~ ehe holder of thia mortga~e for the ezpease of ~n~ l~tiaatioa to P~~a or defend. tLs rishts asd lfeot cee~ted b~
this mwt6ase (incladins reMOUabk ooansd fees). aluII be patd b~ tbe Moct~or, toget6er with ietet~dt t~aeon, u t6e rate of -
IO penent per annum, and aa~ sach wem, and the inter~eeat thereoa, shaD be a claim npoe aaid premiea, aad abaII be deemed w
be securcd b~ this mortaage. T6e sums paid b~ or incnrred b~ the bolder hacof in ~ocordanoe with the terms of this paraaraph,
~hall be paid b~ the Mortgag~or unto tt?e holder Lereof wit6m t6irt~ (30) daps, and th~ fa7are or omi~eion of tbe Mortpsor so 0o do
shall entitk tLe Moctgaaee to add snch sums to t6e priucipal indebtedneas of tLis moet~e and tLe note ~ secae+e~. and/or u hs
option declare t6is mortsage and tLe note it aecnra to be in defaalt, thercapon mataring all of the ~paid indebtednas iuclnd~
the wms advanced he~enader. •
9. T6at no extensioa of the time or modificuion of ilu term~ of paymmt beteinabav~ and no release of anr part or parta
of the mortgagrd premises, eren though made withart the oonemt of tLe Mwtaaaor s6all nle~ee, nlie~e, or diacharae the
Mortgagor fmm t6e paTmeat of ~ny of the eums hsrcb~ secured bnt in snch cveat tLe Mort6aaor s6a11 nerett6elds In liabie to ~
par spch sams aooording to the te~ms of anch exteasion or modi[icatioos Qnlas specif'call~ relexsed aad dischuaed in rmting
by the Mortgagce; and fnrthermore, tl~u acceptaace of part pa7meat of any imtallmmt of principal or iaterest, or both. or of
part per[ormance oE anr oovenant or delar for an~ pcriod of time in eze~ tbe option to mm~re the eatine debt, ~hait not
opente as a waiter oi t!?e tig6t W esecute sach option or act m suc6 defanlt, p~rtial aeoeptanoe o~ anr mb~eqnmt ddanl~
10. iJntil defaalt in the per[ormance of t6e oorenants wd agroemeati of tbis Mort~e, tba Mortaa~or thall be entided
to collect the rents, i~ues, and pmfits from the premise~ hereinbefore deseribed. bnt in ca~e o~ a deiault in an~ of t6e terna oi
this Mortgage, or the filiag of a bill W foreclose thia or an~ other mort~ase encnmberins tl~e within dewxibed peoptrq, t6e
?liortgagec s6a11 immediaulT aod without aotiee be eatided. as a matter of riaht, and writhout regard w ihe ~alue of the premises.
or solrene~ or ineolrencp of the partiea. to ihe appointmeat of a Receiver of the mortaaaed pmpertr. both real aad persond. and
af the rcnts, issua and pmfita thereof, rith the usnal power of Recei~as in anch cases. and wc6 Reai~er mar be coatinned
in posseasion of t6e said pivpert~ naW ebe time of tbe sale thercof, nnder sach foreclosure, and ant7 the oonfirnutioa of wc6
~ale b~ the Court. •
11. I[ foreclosure proceedin~s ahould be inetituted on an7 mortgase inferior to this mortaase or Lf anr f~oreclaure pro-
ceedia6 is iastimted on an~ lien of an~ kiad, the mortasaee mq at its option immediatelr or thereaker declare tliis mortss~+e
and the indebtedneas secured hereb~. due and parabk. If tLere is an~ mortga6e wperior W tL'a mortaa~e, tben L~Inre to pa~ ?
said mortgage rrhen due and in acoordaace with its terms or failure to abide b~ t6e terms of stid mortaa~e shall be deemed a
breac6 of this mort;aae and t6e mortgaaee at ita option may immediatd~ or thereafter decl~r,a tt~Ss mort6a~e ~d tbe it~debtedna~
hereb~ secured due and psrabla An~ modifioation of an~ martsaee snperior to ~his mortaase oc wai.er of w~ prin~ipal or inte,e.e
W)menu oo an~ note or mmrt6aae wperio~ to thi~ mort~e ~hdl be ~aeme~d ~ brxac6 ot tLe te~m~ ~nd co~esaets of t6L mort;a~e ~
and t6e mort~ee hereof map at its option declan tha mortpae aad the indebtednea aecored Larrb~ doe and pa7abk. .
l2. T6a[ t6e mailin6 of a~?ritten notiee of demand, addreseed to ehe owner of reoord of tbe mort~ed pi+emires, directed
to the said o~rner u t6e last ~ddreas ~ctwU~ lnraisbed te the Mort~~ee, or directed W t6e aid owner at said mortsased pra
miaes, and ma;led b~ tbe Uniced Statea mails. sl~aU be saf[icient notioe aad demand ia au~r ca~e arisin~ nnder t6b in~tr~ent and
r~eqn~red br ~he prov;s~oos 6eceof or b~ la.r. ~
13. That in the erent tlie Mort~or s6onld wi~e the rcate ot cbe mons.a~d premi.a or anr n~ ~~t t6e
consent of tl~e Mortsaser, thea the a~tire priacipal sum aeeured bereb~ a6d1, ~t t6e option of t6e Matsasee. beoome i~mediate-
IT due and payabla
14. To t6e e:tent oE tbe indebtalness ot t6e Mo~tpior w tbe Mo~a~ee dacribed busjo or ~ecwed l~rtb~?. t6e M
is 6ereby submgated to the liea or liem and to the ria6q oE t6e ownen and holdas eheceof of e~cb aod erer~ mortp~e.
1~'eeA~or
otb~r eaeumbraaa oa tbe land de~c~ibed haeia M6icL is paid and/or sstjsfial. in rhok oc is pat~ om oE tLe prooeed~ oi tbe lo~o
dacribed 6ere;n or secured baebz. and the rapative liw ot said mart~a, lieot or oe6er mcosb~oa. ~6a11 be and t6e sa~e
aod ue6 ot thea 6ecebp is preeerred snd sball par w and be 6eld b~ t6e Mort~ee 6eteia as ~ tor tLe jadebtedsnt w the
Mortaa~ee herein described or 6ereb~ secnred, to ~6e s~me estent tbat it ~roald ha~e beea praet~cd and ~rould b~~e beea pared to
and beea beld b~ tLe Yort~ee had it bee~ dn}r aod re;ulad~ aesianed. tramierrod. o.er .nd deli~ered uneo c6e Mor~.~ee b~
aepasate decd o( auianmeat notwithttandina the tact t6at t6e same wa~ be ati~tied an~ cancelled ot record, it beia6 tbe Lit~tioa
^ot the parties hereto t6at the ame ~il1 be satbtied aad caoodkd a[ ceoo~d b~ tl~e lalders thveof at or ~bout the tia~e o( t4e !
recordiaa oE chis ~1ort~e. i
~ o R ~7~ ~acE 92~.
600K
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