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(9) All stru~turM. ~nd impro~~n~nb ~ tvw'~ ew{~ wh~ oo~w at Mewtt~e dtwt~d
~n tl~t "Lnd"by~ listue~r„ ~m~loK7? t~ad p~sonal proo t~~ erture wbdwrwe
a~o~r oe b~ewt~e o~ro~d L~p? t~ "8orro~~'~t~d lo. co. oe w~d or lai~nd~d ~o ba uMd in ooen~ctiaa
wlw ae .dth tb. op~.noa a..w "i~aa". struea~ro. oe otMe i~npro~.aaa?b. rACludin~ au ~cqn-
daw. ~dditiao~. impe~o~nt~ b~tt~e~aa~ab~b i~e~i and t~aplaca~att tio iq~ o[ tM .~ad aU ot ,
tM stsh~dtM and in~nst o[ t1~ "Bo~e~o~wr"' in W ax~~~ ~nooal~~Dca~~~ ~ b~a~d!=t o[ aW? d~p~od~ .
tiao~l ooatrkR e~st~d oc iianilar L~o or lajat ~
pyra~nb now ae a«r.tae ~m. "earo~w~e" oe oa ler b~1L - ~ - .
TOaETHSK wltd W wemeab. ~t~ at ~ra~?. ~oew o[ 1aud. atnatt. ~ allqrs. ~vK
~hL~ ...+era. ...ter oouise~ a.ar b.aa pow~s, ana .u ..t.t~a.. r~hts. a in p`p~d'la~«, ub-
~ieys,` teoananb. Dereditamen Mz~sina~
~
~o~r ~~sha11~ wq? ~l~belco~' sel~te
tatnia~ t0 W at tlN b .
or b~ a~purt~ant thare~D~~wfiethar naw o~rnad oc hereaiter auired b~ the "Borro~rer", and the rerersio~
a~d rewrda~s. remainder aad i:e~nafn~rs. renb. issues. Protib~~t]~ aad all the ~sta~e, rlshk tltle. inter-
ia
and- ~o the~ s~ie~ludint but~uo~
~
bO°vet at Lw. at is in equit,~. at tbe "Borrowrer" o~
ahe~er u~er
1
~ti
nan~cia now e~tin~ o~he~neaft~z~rre~ted.pr~as~iw~~"Horrower"
b. owe~
lon,~ as~ "Horro~ver" b not ia detault hereunder. the right to riceive and re the renb. iswes and progts
thereot; and.
(B All i~nts? a~vards oi damages and settlemeab hereafter made resulting fmm oo~ademnatlon
p or the tati~aB oi the premises ar aqy part thereoi under the power a~ eminent domain. or ior
aqY dama~e (~vhether caused by wch talCiag or omervvjse) to the premises or the impmve~nenb therean
or u~y p~rt thereas. or to aqy ri~hb a t thereta, including aqy award !oc change ai grade a~r streets.
".L~cnda" is hercby authori~ed on beh~ the name oi "Bo~rro~ver" tu ezecute and deli~rer valid ac-
quittancea for. aad to ag lrom. an~? such 3ndgments or awards. "I.ender" may apply all such sums or
aq~? Part thereoi so ~ aiter the paynnent ot all its ezpeaaes including ceals and attorney's fees, o~n
We iadebtednas secured hereby in such manner as it elects. or at its option. the entire amount or any psrt
thereof so r~ceived may be released. ~
. TO BAVS AND TO 80LD the Mortgaged Property and aU parta thereo2 uato the "I.endd'. its suc- ~
ceasors ~trd assigns to ita awn proper use, benefit and behooi forever. subject howev~er to the terins and -
coaditions herein:
PAOVID$D. HOWBVER, that these presents are upon the coadition that, it - the ~"Borrower" shall pay
or cau~ to be Pefd to the "I.ender" the princ~{~al and intereat payable in_respect to the note. at the times i
and in the manner stipulated therein and here~ all without auy deduction or credit for tauea os other
~ similar chargea paid by the "Hosrower". a~ shall keep, pertorm and obaerve aU and singular the coveaanta (
and pramisea in the note. and en,Y renewal~ extensioa or moditication then~at~ and in this mertgsge ezpreesed :
to be ke~t, pertormed and obaerved by and on the part of the "Bormwer" all without iraud or delay. thea ;
this mort8a8~ and all the roperties. intereat and rigLta hereby~ ~a
ted, ~sined. sold. aliened, remised,
released. canveyed~_ a~e~ tranafernd, mortBaBed, hYPothecated, pledBed, vered. set over aarranted
and coafirn~d. s~all cesse, determine .and be void, but shall otherwise remaia ia full iorce and e~fect.
AND tbe "Borrow~er" covenants and agrees with the "I.eader" that: `
i
" A$TICL~ ON~
Patticalar Coveaants ai tbe "Ba~rower" ~
1.01 Pertorma~oe at Note a~d B[artta~ The "Borrawer" will perform. ob~erve and comply w~ith all
provisiaa~s hereof and of the note aecured hereby and will du~y and punctually~pa~ t~o the '7~ender" the
sum oi. moaeY eaPreased ia the note with intereat thereon and all other sums required to ~be ps~d by the
"Borrower" ptusuant to the provisions of thia mortgage. all without ar~? deductions or credit for ta~ces ac ~
other similar charges paid by the "Horrower". E
1.02 Wartaab ot Titla. At the time oi the enaealing and delivery oi theae preaents, the "Horrower" is i
well seized of an indefeasible estate in fee aimple in the land and real p~ hereby mortgaged and has ~ ~
good and abaolute tiUe ta all ezistinB I~ersoaal Property hereby mortgaged has 6ood righk full Povver
j and lawful auWority to conveq and mortgage the same in the manner and form afore,~sid; that the aame
is free and clear of all liens~ charges, and encumbrances whatsoever, including. as to the peraonal property ~
and fixturea. conditional sales contracts. and aaything of a similar natur~ and that "Bormwer" shall aad E
I will wan~ant and forever defend ffie title thereto.
f 1.03 Maat~ Ta: Depodb. Ii required bY the "I.eader". the "Borrower" will pay to the "I.eader" i
Y
~ on the Srst day oi eacb month togetLer with and in addition to the reBular installment of principal and in- . ~
terest, until the note is fu11Y Paid. an amount equal to a~e-twelHh (1/12) oi the yeariy t~es and a~ss~- ~
ments as eshmated by the °I.ender" to be suf~cieat to eaaWe the "I.ender" to at least thirt~? t30) .
days betore they beoo~ due, all tazes~ as~annents, a~d other similar charSes ~ the Mo agedp~~ i
ertY oc az?Y part thereoi. 3uch added payments shall not .be, nor be deemed to tr~st funds,~ut may 6e
commtngled with the eneral iundi oi the "I.ender". and no interest ahall be payable in r~pect thereof.
Upoa dempnd of the ~er" the "Barra~wer" a~eea to deli~rer to ffie "Lender" such additionsl aioneys
as are nec~sarY to mal~e up aqy de~ciencies in the ama~nts neoeaaary to enaWe the °I.ender" to pay
such ta~es, as~ments and sia?ilar charges. In the event oi a default by the "Borrower" in tbe orm-
ance o2 anY of the terms. covenants or condittona in the aotie ar mort888e, the "I.ender" may app to the
reduction oi the suais secured hereby. in such manner as tbe "I~ender" shall determia~ any amount under
t~s pa~'a~a~ i.a~ ot wracte 1~nai~ t° t~e "~or~~er's" 1 eharges for utilities,
i,p4 pt~r ~ues a~a i.tea~ AND UTILITY Q~AI~GES ~ whether public or private
(a) The "Borco~vver" arill~paY P~PW?. ~vhen and as du and will Wr ezhibit to tSe `Z.ender'~
reoeipta fo~ theP~
t all tazes. as~m~eeats. water n d chsrg~ and impositio~s of every
R ~j
I18tUI'~ ~iL8~02VCT lIDpO~l.'~~~I Oi 8~ O~ t0 ~$R~ !Q Ot i~ Il O~' 81O3t ~1C MOI't-
ga~~ ~ aI1j1 ~i't ~1lTlOjr O! IlpOII ~II~t 0~ ~e ~II ~1! ~I~~~Ed~~iOQ~Ttj? (O~l!!
than a4Y oi the same fa~ ~vhich pravisioa has bcea made in P ph 1.OQ a[ this e i), as arell as all
incaa~e ta~ces. a~nents and other gavernmental charges lawtu~levied and impoeed by the United 3tatea
of Amerlca a~ any state, camtY. municiPalitY. bo~o~ugh ae other ta~rin6 authari~i upon the "Borrawer" or in
reapect ad the MortRaged Property a~' aqY Part lherea[, ae~ at~Y cbarS~ ~vhich, i! unpaid, would become a lien
~ o~r chai'8e upon the Mactga~ed ProPertY~ prior to or equal to the llea oi the e for any amoun4 securcd
chai ~
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o~t ~pMo~tgaBed M~ t
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i
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i
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. c~ a~y Part thereof.
(b) T6e 'Bo~rowez" will aot suHer u?Y ~anic's. Lborer's. statutary ar other lien which might or
could be prto~ to or equal to the llea oi the n?ort~a~e _to be created or to ranain outstanding upon any oi
the Mottgaged Pro~perty.
(c) In the rveat oi thepa~a~
e of aqy state, federal, mu~idpal or other overnmental Lw order, rule
o~ re~ulatioq sub~equeat to the date hereoi. in anY ananna chan~tn6 oc a~od~fytng the Lw+s now in force
go~ tbe taxatioa ot mo~+U~e+ oc debb ~ecured by ~es oe tbe aanner of oollectins tasa so
as to aifect adverse ffie "Lrn~der". the eatlre b~lanca Mptlhe pr3~Ipa1 stma ~ecured b~? tbe moct`age and
all interat accrued ~ shall without notice beoome due aad payable fartl~~vith at the option at the
"L.a?dez".
(d) The "Borrawer" will pay when due and will n~ suffer to rezaain
outstandinq, any charqea for utilitiea,-v~hether gublic or private,
with respect to the mortqaqed property. '
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