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Home My WebLink About0571 - - ~ ~ ~ atti ~P'w rr ti0aea: v a - ~,,.s..riu prepely Rai d» ld.Lad.ar wids.oed y aid pe+ab~oe1? .ow at do lilacs aai is tti. r 6~ wlU pal .a;~l tams, ww~w.ta..atee site., ..a a~-~e..et~t .e =.eialpl e6atr~ `f:,,; ,tt i..peieiai~, !fa!-whieb 1uia.a 6.ea tali. Trat+eia4eiore, cowl .rt>l pe+e.~pth d~.~e tb. eisld retipl. tbaarfe~r w tL. said tasatpgsa c. He vrill pay arch a:peaaas and fees as may bs ~ncnrred in the pt~oteadon sad ataiateaaaoe o! a}aid propisrt~, itKludiet6 the fees of any attorney eBaplayed by the mortgagee i~ the eoAeetioa of say or all of the iadebtedner'lier+ebjr ~eeiiced,' of /or foreelosttre by e?oitgaaee'o sale; or ebdrt'prooeedit~. of is air otl~t- litigit)an oi~ proce~edina atTectin6 siiid p~emiseti.• Attorneys' feel reasoaiWy iacorred is as~r ether vriy atiaU be paid bp:ths asottgagor. _ - _ . . • d For bitter. seaasity of t¢e ia?de~btgdttcsi b4eeeby~seeured, ppon the request-o~itbe taottgsiee,.tb.stta easoso oe arigas.~lte shall e~c~te sad de4rer ~ anppletpeatel mortgage or- •~!~ni ally additions, imPr4reiaeats, . or . botlatmenb rsade r tp, they property heteio+;bpve described :.od an P~p~y .!!a4~~ ,by . - it sifter: the date hereof (all is toraR satisfactory to .aaortsagee),,.FWrtheanora, should tortgagor. jai to care . asy- dsf*nit iu the. payw~eq~t, of a, prior or inferior aacuaAbraaee oa i[~e property deocribed by.lhis iwtrn~neat, . mortgagor herby age~ees to permit mortgagee to cure arch default, but mortgagee is not ebliWtted to do so; sad arch sdvances shall become part of the indebtedness secured by this itutevment, anbjec! to the same terms sad eonditioos. e. The rights crated by this eonveyaaee shall remain in [uli force and eded during say poatponemeat of eutemioa of the time of paynkat of the indebtedness evidenced by said promissory note or any part thereof second hereby. . He will contiauowly maintain hasard iasuranee; of such type or types and ip snch amonma :a the - mortgagee may from time to time require on the hnprovementi now or hereafter on said property, and wiD par w'~pu7 «bea doe asy premitmas therefor. -Ali ia.nraaee .ball be carried is en.puiei aooeptabls ~ aaore~agee sad the policieo and teoevraL thereof oba11 be held by aortgagee sad byre sttae~ tbee+eto loss payable classy in favor of sad in Eons aooeptabl~ to the mortgagee. L event o[ lorry taeftaagor will give iisasediate aotioe io writing to mottgagee, sad tasortgages tray make proof of for if sot wade pr+oasptly y iortgagor, sad each insnranoe company ooooeraed is benb~ anthoriaed and directed to asake payreaot for sorb for directly to aortgagee instead of to oortgagor and mortgagee jointly, sad the iawtranoe pr+oeeeds, o: say Wirt thereof, may be applied b7 mortgagee at its optics either to the reduetioa of the indebtedness bar~eby secured or to the restocatioa or repair of_ the properq damaged or destroyed. Ia event of foreelowtee of thin mortgage, or other transfer of title to said property in eutiaguishmeat o[ the Lsdebtedaasa secured -6er+eby, all right, title, and interest of the mortgagor in and to say itwaranoe policies tbes is force shall par do the purchaser or mortgagee or, at the option of the mortgagee, may be anrrendered for a reload. s. Ae will keep all buildings and other improvements on said property is good repair and condition; will permit, commit, or snSer no waste, impairment, deterioration of said property or any .part thereof; in the event of failure of the mortgagor to keep the baildings on said premises and those erected on said Premiss. or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may decor necessary for the proper prdervatioa thereof; and the fall sunonnt of each and every such payment shall be immediately due and payable. sad shall be secured by the lien of-thin morggate. k. He will not voluntarily create or permit to be created against the property subject to this mortgage any lien or liens inferior or superior to the lien of thin mortgage without the written consent of the mort- gagee; sad further, he will keep sad maintain the same tree from the claim of ail persons supplying labor or materials for construction of any and all buildings of improvements now being erected or to be erected on said premises. i. He will not rent or aesigA any part of the real of said mortgaged property or demolish, or remove, or substantially alter any building without the written consent of the mortgagee. j. All awards -of damages in eanneetion with say condemnation for public use of or injury to any of the property wbject to this mortgage an Denby assigned and shall be paid .to mortgagee, who may apply the same to payment of the instalbaents last doe under acid note, and mortgagee is hereby anthoriaed, in the name of the mortgagor. to execute and deliver valid acquittances thereof and to appeal from any sneh award. k. The mortgagee shall hate the right to inspect the mortgaged premises at any reasonable time. 2 Default itt any of the covenants or conditions of thin instrument or of the note or loan agreement secured hereby shall terminate the mortgaaora right to possession, nae, and enjoyment of the property. at the option of the mortgagee or-his assigns (it being agreed that the mortgagor shall have ouch right until default). Upon any snth default, the mortgagee shall become the owner of all of the rents and profits accruing after default as security for the indebtedness secured hereby. with the right to eater. upon said property for the purpose of collecting such cenb and profits. This instrument shall operate man aasjgnnent of nay r~tab on said property to that extent. . ~ - - r` 6tmlc`~ t1GE 51~ 'f `~''S''~,f