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::~signed to the ~Sortgagee and are dee~ed 3 part of the property r~ortgaged
:~~reby-, and the N,ortgagee is hereby authorized to collect and receive the
~roceeds of such awards, to give proper receipts and aequittances therefor,
and to apply t'ne same toward the payment of the indebtedness secured by ;
~:~is rlortgage, notwith~tanding the fact that the a.mount owing thereon may ~
r.:ot then be due and payable; and tY~e Mortgagor hereby agrees, upon request,
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~o make, execute and deliver any and all assignments and other instruments i
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saificient for the purpose of assigning each such award to the MortgagEe, ~
~ree, clear and discharged of any encumbrances of any kind or nature '
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~ti~ ~atsoever; and
TOGE'iF.~,~ with all right, title and interest of the Mortgagor in and to
~re land lying in tbe streets and roads in front of and adjoining the above ~
,:zscribed ~and (all the above described land, buildings, other structures, ~
iixtures, articles o.f personal property, awards and other rights and in- ~
~erests being hereinafter collectively called the "mortgaged property"). ~
TO HAV~ ~~TD TO HOI,D the mortgaged property and every part thereof unto
~ne ~ortgagee, its successors and assigns forever for the purposes and uses
:erein set forth. ' {
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A,~'~iD the l~iortgagor further covenants and agrees with the Mortgagee, as
~'~llows: ~ ~
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1. The Mortga,or will promptly pay the principal of and interest on !
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~ae indebtedness evidenced by the Note, and all other charges and indebted-
:.ess provided therein and in this Mortgage, at the times and in the manner
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~rovided in the Note and in this Martgage.
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2, ihz Mortgagor will pay when due, as hereinafte.r provided, all
vround rents, ii any, and all taxes, assessments, water rates and other
! ~~vernmental charges, fines and impositions, of every ki-nd and nature
~~.:~rlatsoever, now or hereafter imposed on the mortgaged property,~or any part
~:.ereof, and will pay when due every amount of-indebtedness secured by any
~~en to whica the lien of this Mortgage is expressly subject.
3. ~his :~ortgage and the Note were executed and delivered to secure +
~~r,eys adva~nced in fu21 to the Mortgagor by the Mortgagee as or on account
:,f a loa:~ evidenced by the Note, for the purpose of making the improve- ~
:an~s described or referred to in the Final work Write~Ipa $fld Cost E~tir+A+~s ~
~n~~ R;~ s?,oo+Q dated , 19,~~, to or on the mort-
v~oed ~roperty, and for such other purpose, if any, described or referred
t~erein, which improvements are hereinafter collectively called "Im- ;
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~~ovemer.ts". ~he Mortgagor shall make or cause to be made all the Im- ~
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:,rcvements. If the construction or installation of the Improvements shall ;
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~e carr~ed out with reasonable"diligence, or shall be discontinued at ~
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;:.~T tine ior any reason, other than strikes, lock-outs, acts of God, fires, i
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~~oocs or o~'r.er similar catastrophies, riots, war or insurrection, the
:•::,~t~agee after due notice to the Mortgagor is hereby authorized (a) to
~r.~er upon ~:~e nortgaged property and employ any watchmen to protect t'ne
-~~~rove~en~s from depredation or injury and to preserve and protect suc'n
~-_^operty, (o} to carry out any or all then existing contracts betweer, tne
:~:~rtgagor ar,d o ~::er parties for the nurpose of making any of the Ic?provements,
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