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AND tbe said Mongs~or 8 f« itself ~ its , ~
success«s. le~al repesenatira sod sssin~s. baebp coveoant sod a~ee: j
J. To perform. ~,dr w~~ ~d .b~de br a~6 ~d rar ot ~e sav~?t~ao~. ~~A~..~:d~~oo.._ u~d a,MC~v~~w?a?~l.
u,d sec forth io said promis~oq? aote. e6i: mo~t~e dad and t6e Coosuucaa~ I.oan A~es~oenc esauccd -u, conoa~tion 6ece~rith.
2. To pay all and sin~ular cbe p~inopsl ~ad iataat and ot6et wms d mon~ W7sbk 1y viztue of ssid Pcaaissory nae- ~
and this deed. o~ eiti?er. ~a1r w+ cbe dsn res~a~?e!r ~e ~~a.tlr ~ d~e. ~
3. To p.~y all and singular ta~ces, asses~neats, le~~ies, liabilitiGS. obligations. and incumbrances of every nature an said ~
dcscribed pcopeKy, each and every. and if same be ~ot pranptl~ P?id the satd Mortgage~.- . its successars. kgai representativ~es ~
or assigas, may at an time pay the same wit}wut waiving or attectu~S the optian to [orecbse or any right heneunder. and every ;
I~Yn~t so made shall bear i~terest after default or from matuiity at the 6ighest rate apowable by law until paid. ~
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4. ie is fnrtLer cova~aated and ag~ed bf s*idp~tia tl+st in t6e evenc af s wit beine insaeuted ~u focecioa this mate~ge.
tbe Monga~ee shaU be entitkd to app~lp u aa~ ome pendinQ such Eaeclosure suit to the oour thavin6 )ur~ictioa t}u~eof fa the sppant-
rnent of a receiva af aU and singular che.matw~ ProP~r. and oE sll r~mts. incomes~ pmfia. issues and tevenua c6aeaf. ftan wl~aa
soever source derived: and ebereupon ie u 6aeb~r cov~a~anted and ag~eed thae tbe oov,ut sbaU [ore6aith appant sucb raeivec wieh ebe
usual powers and duties oE receiras in lil~e esses: aod uid aPPointment shaU be made bq the cou~t u a matta of strict rig6t to the :
\tortgagee. and witlwuc reEaena w t6e ~dequs~7 a insd~4wc7~ aE the value aE t~epn?per 6creby mort~a~ed. os co ~he solrency a
insolvency oF the Tton~o~s or any otbapa~t defendant eo such suit. The r~g~c benb~ spcdE"~aDr wuves tbe rig6c w obiect
a the appoinunenc of a ceoeiva u aEozesaid in~d 6ere exPt~s}f coosena ~hac appoinemrne sbaD be made ss an sdmieeed equitq
and u a matca of absduce iigbt eo c6e Mo~ee ~ ch.t tbe same max ~~~~t noaoe oo tbe Mo~t~oc.
S. If foncloaure p~oceedia~c should be instituted sgaiast t6e peopat~ eovered b7? t6is mo~t~e uP~ w atba liea a~ daim ~
whah« a]~ to be wpaiot ac ~unioz to tLe lien of t6ism~t~age. tLe Murtgagae may ~t its optwn immedis upon institutioo oE ~
such suit or dun'n~ the t6ereof dcclare ehis mo~tQ,s~e aad the indebtedness se~vred baeb'r due and ParaWe atLwith and msy st
its option pioceed oo f~ mat~~e.
6. To pay aU and singnlar tbe ooats. ~ and exPensa. incl~din8 atwm~'s fas md abstnct aosts. rqsonzbl7 iMV~red or
t~ stipulaaons. a~re~eats.~uioos. and ooreuanes of sa
d~pma4issocy~noce and af~thu'
~mo~~tg,~ge. cr~tbar6ide b7 ach and eve~
7. 'Ibat the M wiU keep all teal and penonal ProPac7 now or bercafca encumbered by the }iar af this moctga~e
insured as maq be requ~m time co time D'f tLe Ai~aee agr.inst bss b'g fire. ~a~cm and otbet Larards. asualties aad eoo- .
tingencia for such periods and fae na less thaa such amounts u ma~ berequired bf tLe Ma~tgsBa and to P~7 P~~PV~r w6en due aU
p:enuums for sucL ;nsurance. 'I7ie amounts oE insu~aaa required bf the Ma~ga~gee sLsll be tLe minimum amouna Ea wbicb said
ins~uwoe shall be writcen and it shall be iixvmbent upon the Mort~ oo maintain such additiooal ins~uaooE u ma7 be ne~u~ ~
to meet and oanplp EullY with all co-insuianoe requiremeaa oontai
~ed 'w~said ~~~M
~ is not s oo-insuror
tbaeunder. Insuance s}ull be arrittea b~ a eom~an7 or oompanees appm~ed ac M~~~~~~~aU
als ~haeof sLall be 6eld by the M AII deailed designatians b'f the M~t~ot whicL ~re socepted b'f tLt
agreemmu between Mortgagor and~o~tga8a rdating w insurance. no++ensung oc bereafar made, sLall be ia wRi and s6a11 be
a part of this mort6~ge a~nent. u hilly as though set fo~th verbatim baeu~' and s6a11 go~va~ bot6 puties heiew aad~ wooessors
and sssigns. No lien upon any oE said~ af insu~ance or upo~n m~y ref~md a retu:n pRmium wLich m~~ ~be~a
ysbk oa tbe
caneelladon a taminatian tLeseof. sLall be sivrn ~ aher tLan t6e Mastgagee. e~ocept~b~ p~oper a~dorsanent affvoed w wc~ policy
and approved b~ b1 . Escb policp ~ ina~nnce shall have affixcd tLerew a Standard Ntw Yoh CLuse without Con-.
ttibution. making all~or lossa unda s~ p~iey PoYabk to the Mo~tgsgee u us intaest ma a~~ ~t
sums oE moneY baoa~e PaY~bk thae~nda t6e Maztgasee s6all 6av tLe option to reaive and a
p
p~
y tbe~is~me on aooouut oE the indebt- -
edness hereb9 sacured. or to prnnit tLe Mortga~or to reaave an
d use it, or any put t
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gagoc s6aU give iwnediate nociee t h
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t e o E mail to tbe Mortgagee and tLe Morcg~~ee ma~y p~oof aE~tbe same a na made
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aunc-af ehe u~debeednas secured haeb~. aD rig6t, dde nad inacac of t6e Mortg~gor in and co an~ ins~uanee pol~n~a tbea ia f«ee ~
shaU pan co the p~ r
~ a s a r or g~antee. :
' 8. Tbe Mottgaeee ma7. at itsoyt~on. ud witLout waiving its rig6c oo aooelaaEe the indeboedness heceb'f s~ecured and to foracbse
' cLe same, PaY eitLer befoce ~ afoer delinquency anY or all of those eatain uons uirad by t6e tmns haeoE co be paid~y
a y ~ nde~ 6aei~ sa~ued. All stiuns so ad-
~ the Mo~tgagor for che P~~ian oE tbe seauity or for the oollocdoa t1x i
~ v,ncad or paid by t6e Mareg,agee s6aD be moo the mo~gage aoooune and become an incegral parc tl~ereaf. subjecc in all
rapeccs eo tbe cams. rnndirions. and awea~nts tbe aforesaid promissosy nooe. and cbis moc~aBe. as fnih? and to tbe same «cenc u
p ,t6ongh a port oF the origiu~al indebtednas evideaoed bq ~id note and secvred by t~is moctg~age, aoaPdng. hawe~et• that said sums
~ s6all be iepaid t6e MortgaAee Eatbwitb upon its dewnd and be in addition to tbe regular mont6}y installmmts providcd b'Y tht
~ r°°a~ge no~e. .
~ 9. That the abstna or abstrxu of tide cm~cnng the mortgage property shal) at aU times, during t6e life of this mort~ge. ~
remain in the pussession of the ~tortg,agee and in e~~ent c?f the fnreclosure oF this moctgage or nther mnsEa of titk to the mortgaged
property in uti~Ruishment of the indebcedness secvred 6ereby, all right, tide and interest of the Mortgagor in and to any such
abstracts of title shall pass to t6e purchuer or graneee•
10. That no ~+•ai~~er of anp covenint hetein or of the ~~bligation secured hereb~• shall at any time hertafter be hr]d to be a :
waiver oF the tertns hereof or o[ the note sccurcd heceby. ~
~
l 1. That in otder ta accelrnte the maturity of the indeMedness hereby secured because of the Eailun of the Mortgagor to pay
any wc asscument, liability, obligatan or encumbrance u~x~n s.~iJ property as herein provided, it shall na be necessary nor requisite
thac the MoregaRee shall firu pvy the sauie. .
12 To pennit, commit or suffa ra wute, impvirment or deterioracion of said ptoperey or any put thereof.
13. If any of said sums of money huein referred co be not prompcl) and iully paid within fifteen days next after t6e same
xvenlly becrome due and payable, or if ach and every the stipulations, a~eements, mnditions and carenana of said promissor~
note and this dced. or ather, is not fully perfotmed, oomplied witb ~nd abidal by. t6e said aggregate wm mentiwned in said
~ ptomissory notP together with all wms af raoney for w6ic6 ~lortgagor tnay be liabk to Mortgagee hereunda s6a11 b~come due ami
pvyaWe forthv~7th or therea(ter at the optan of the 1~lottga~-. its successors,le~ 1 ropresentatives or auigns, as fully and eompletely
- n iE t6e said aggcegate sums of money were originally stipulated to be pvid.on suc6 day, anything in said pranissory note- or hercin -
~ to tbe contrary nawithstanding.
14.
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