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'1('1'('U!?f+('l'. :~n~i t•~:t•T'~: i~l~'lll(`Ilr `ll lll:lfl~• tif:'~~~ '~.•:11' !R11•CI•Ct ~1'(~1!~ lil~• I~~1~
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i c7•.:rinr; tF:~~ c•l~tire e•~:itit: nr~• ~f thi:: `.`,c~i•t~~:~,•~~ l~~•~•c~ at tl~e ~•xt~ens~ ll~e
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~ ~ li~•htnin~ znd t~~ir.c'.Storrr~ tor thc full insurable !
~ \!ort~~a.~c~rs. a_ain.,t firc.
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, value of the in~proveuients, «~itl~ extencled covera~e and such other insurance ~
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as !r~a)' =~e rey~:irecl tro~r `i~::r. t<? .ii»c~ by tlte \turtra~ee. sucki :11St1T~ tice tc '~e :
carricd in such form c~r farms ancl in aii i»s~2rancc company or coinpanics ~
satisfactor~~ to the '~tort~a~ce, anci cach polic~~ to provide tliat said insurance i
. in case of loss sliall be payable to Amdel Inc. as its interest may appear; ~
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said insurance policies also to pro~~ide tliat in the event of any change in the `
insurance or cancellation of the policies ten days' prior notice will be gi~•en !
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to the insurance departrY~ent of An~del Inc. at P. O. Box 2159, Dallas. Te~as, ; -
that an insurancc ~
?5221. Each polic}r of insurance shall also pro~idc y ~
cellected b}~ Amdel Inc. may at its election be retained and applied by it ~
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f to~~~ard the indebtedness secured b} this I~Sortbage lleed or may be applied ~
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; ~vholly, or in p~.rt, to the repair, restoration or replace~nent of thc propert} ~
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~ ~ dainaged or destroyed or to suc}~ othcr purpose consistcnt ~vith this :~Iortga~e
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i Dced as r,~a~~ be satislactor~• to the \~iort~agee.
~ The Mortgabors also agrcc to maintain I3uil~iers Risk Insurance in ,
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~ effcct ~*~ith proper mort~a~ee clause inserted therein from the date construc- ,
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~ tion is commenced of any building upon lhe property described in and '
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~ encuinUered by this 11ort~a~e Deed to the date when construction is comple;ec:.,
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~ ~vhicli insurance shall be in such form and in an instirance compan}~ or com- ~
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- panies satisfactory to ,.Zart~;agcc. ~ ~
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4, • 'Co pcrr?~it, can~mit or suffcr no ~~•astc, impairment or ~
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i c3cterioration of s`si~l pro~~c~rt~~ or an}• part ihr.rcof, ; =J
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5, 7'o Pa~~ al] an~1 sin~,~~lar t{~c cosis, chart;~s and expc•n~:rs, ,
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incluc3in~; lZ~ti•~•~r's f~~e::. rcason<<l~ty incurrrcl ~~r ~r:icl ~;t an~~ ti»>c : aici
,`:1ort~;a!;ce Lccatisr. uf the failui•~ ~~i lhe P:ert of tl~e saici h~~~r:~;~:~;c~r~: to :
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aoo~226 P~25U5 ~
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