|
, �:
<br /> ; �
<br />,=r` � i:. :'I�
<br />�4 T; ' � . . . . . � .
<br />�,� � ,� I' O � OQ32 �
<br /> kImRTGAGORS MAY A1AKE PREPAYMENTS � OF PRINCIPAL ON ANY IN5TALLh1ENT pUE DATE, SUCH PREPAYMENT SHALL BE .
<br /> �. APPl1E0 TO INSTALLMENTS LAST TO 6ECOME DUE UNDER THIS MORTGAGE. � PRUVtUE� THE UNDERSIGNEd AFE NUT IN DEFAULT �
<br /> t � �� AND ARE THEN THE OWNERS OF THE MORTGAGEO PROPERTY, UPON ftEQUEST OF THE UryDERS�GNED, OR EITHER �F THEM, � . � . � �
<br /> ' � . PAYEE AGREES TO FURNISH TO THE UNOERSIGNED 700Q�a QF SUCH PRINCIPAL PREPAYMENTS, UNLESS ADVANCEAIENT IS PIt0. . - . � .
<br /> HIOITEU BY THE REGULATIONS OF CHARTERING AND SUPERYISORY AU7NORITIES THEN IN EFFECT. AlL SUCH ApVANCEMENTS � . � �
<br /> � SNACI !3E SECURED BY THIS �MOR7GAGE IN 7HE SAME MANIiER AND EFFECT AS IF NO AREPAYMENiS HAD UEEN MAOE. � - �
<br /> ' � THE DSORTGAGOR FC7RTFiER C(IVF.NA*ITS AND AC,REES :
<br /> . � 'I'h�t llie Mnrlgegitt wiU iw�� the indclriainess ois hvr��inlw(or¢ pro��ided. .
<br /> ` i
<br /> � � � 7'hat ihc �iurtga�;nr is Ihe o���nrr nf ..aid proprrty in Irr sin��rlr :rod hiis go�ri rigM aud la�.-ful aulh��rity to srll :�nd - � �
<br /> � r�mvev the snma• nnd thnt !hc st�me is frrc and elr:�r at i�m� ficn nr rncumbrancc; :rod th:il �Tnric:q:ar �eill �.:vr:�nl ;md de(rnd Il�c . . . .
<br /> . ��;... �. titic tu saie! premist•s ageinat the el:�ims o( nll persons ���hom.cr��i�e . � � .
<br /> ;r. : ; . . . . � . . . . . .
<br /> � T�i pa�• immudiutely �chrn due and pnp:�hle i�ll � touernl hi�es. �p�rial t:�aes, .aprrinl :�ases:mm�ls. w:ue�r chxrgo;. �rwer serc- � � � . � . .
<br /> irn ctlarges. :iud other iazes nnd clinr�;os agnincl nnid pro�x�rty, and :�II I;ncs Iovi��d nn ihr �1rbt >eeurrd haraby. snd tn furui�6 thr �.. . . . . � . � �
<br /> �..? � �forfgagtt, i��xm rvqurst, with Ihu nri�;inal nr duplirale rrroipts thrr��for. 9'hr �tnrly:scor n;;rras t.h�t thero =ha[I bc �ad<Ird fn . � , . .
<br /> r:t<•h� moiilhiy t»{ynu�nl mq�tir�vl � hhri��md��r or ��uder thr r��iden�e o( dobt s�rured hrr��by :an :�mounl r•stim:ricd 6�• thr :\tortu:+gae - . .
<br /> ,� �. i � tc, bi• sutlicienl - to onable the \[orlFaxc•c to par. :�.. thec boivm�� due. .ill fncrs. ,� <rv�mrnts, nmi similar chnr�;��� upon thn pn•tn� . . . � : .
<br /> isev suhjiv�t then��A�: till\' ��CfC�011C\' M�C8IIYN n[ ihe insulliticur>� n[ .u�•li additinnnl p:q� monls sh:dl IHt [nnhivitii cir•pa.itrd hy ihr � . � .
<br /> Alutltisgur ���ith th�• \9orq;:igoc upon iirmnnd b�� thc \turlg;+�:cr. Any dvfnnll midrr this t���rapraph .,hall ho dc,•mrd a dr(;aull �in � . . �
<br /> p:�>'mrnt �nf� taars, n;sessinenis. nr �iroilar chnr�;os re�p�irod hrr��undre. � . . .
<br /> c _.^ . . . , . .
<br /> a. 'I�h�• \torlp.��:or ��,crvr, ticrt Qi�•rr <hnll aku Ik� ndd�•d to rnch mnn� hl�- I?npmcnl c�f Principnl anii inlerost rryuir�•d hero' , . . .
<br /> � undrr :m �mo�uil i�>i.u�n:rt�•d b�• ihr \1nrtK:t�:ee to Le <udici��nt to orcahlo iho MorlFnKrr tn {,:i��. :�s u ti.comr, duo. the insuronn� . � . �
<br /> � '� pmtniwn ��n emy in.wv:�nce policy driirrred In thr \turt�a„or. ;1�q� dvdnrnc>' lu�cnuso ot the ut=.utiicirncc u( snch ❑ddili�+n��l p:ta- � . . � .
<br /> mrnts ehntl lx• furth�rith drpusitc<i b�� the \ton ,:i�:or ,vith tl•c \lurtt;a«re uPnn drm;�lui by t !io �turlf.:iGr�•. :4ip defaali undec � his �. . . .
<br /> 2 . :.. p:inigraph sl�nll I�e drenu�d n detauh in iho pn>•mrnt �,C insur:mi•e pn�nuum�. If thr puGi•p ur Palicirs drpn:itcd �ire• <neh n. humo- . � . .
<br /> ' nunCrs ue nll Cisl; � {�oliCie:, an�i t�3�• dryx�>iis :ve insutii�arnt ta p:n� Ih�• rnliro premitun, lhe \lu� l;:+U:rr m:+�� :���pic llu� duposil tn �. . . . . .
<br /> pn�� premiunu o�� risks nv�uirr<i to b�� i�isunvl i,�� � hi. m�,rt ;;agc. � . � �
<br /> � 3'aynei•nts madc b�- iho \lortl::�;:ur unJor thr .�br��r parn„r:iplic mac. ;ii Ih�� �quinn of thi� \tunt�n�r�-. ho h��ld by ii anJ � . . .
<br /> ;�. commint;led. �vith othrr such fun�i> ur if. u�vn timd> (nr thr pn>'tnvnt o( ..nrl� itrms. :md unld so appli�vl. such paemrnls ;vo hrrrb� �. . . . �
<br /> `� pl�vi��rt n. <rcuril�� fur thr unpuid F:ii:mro a[ � h�� mmti ;;s;:r i+idnLl��dnoss. ' � � . . �.
<br /> ;_ 'Co procum, drlivrr io. nnd manri:un for ! hr Ia�n��Gt ot � ho Dtnrtica�rc• �iurin.: the 3ifo uf tl,i,c murtpaL�� uri�innl polioir; and , . � -
<br /> 3 �� renrwnls Uu•nvt. d��livrrr<i at Ira.t t��n doc. Lx•[orr thc c� pir.uinn e! an>� >uch policirs. insurin�; :�;:ainsl (irc :mJ oth�•r minrahle. � � � � � . �
<br /> � i hnznrds. ca<u.dlics, and �•unhn;;encirs a< thc \lnrtgn�;�v� m:q• n�quirr, in an :unount rqu:tt tn the , indcLtaino,s sarurai h�� this . . .
<br /> �iortyatge. cmd in c��nqcuiie•.. :aceopt��ble �u tho Atort3=:�crr. �vitti ln., p:�q:iLl�� clause in ia��or ot :uul in form acc��pt:�blr t;� U�r 1(ortc:t- . . . ;.
<br /> �:ri•. ln !6e eveni mp• policy is nnt rrne�c�Yl nn �rr i��(nro t�•n d:iys ui its �•zpiration, t6r \turt�;n�ro ma>� pr<k•nn� insurancr on the . .
<br /> �j� imPmv�•rnertts. Pnp thi� prrmiutu therrfcie :uui .nrh �um shnll b�rumr unmrdi:urly <iur ami pnrabic �cith inivto.t at thi� rrt��• .et - � . .
<br /> °� ' furt)t in snid nnle uulil �!aid :m+l .hnli Li• >��iureti L�� Ihu :u�rrt.:�,�r. P.iiiun• un ihe I�erl n[ ( h�^ \lon „ag��r tu turni.h suc.h renmoais . . �
<br /> �r- a; are hi�rei�z ny�wred ur i:�ilurc to p:ry� :m�� .ums :�dv;mcrd Iirrcundrr shnll. :d � h,� opuon a( th�� \torl�;:�;sy>. con�titute a � Irf:wh .
<br /> . �� � nnder Uic t�•rn�s o( ihi4 mnrt�:r;e "1'h�• delicer�� ut �u�•h p� �lirirs ..h:ill. in th�• �•ernt u( �irt:mlL �an>htut� .u� :r.iRn�3n•nt o( t6�� u�i- � . . .
<br /> oam.Yi promium. �. .
<br /> Any >unt� romivc�l b�• the \lnrtR:i::cc h�� ro:uo❑ nf I��:. ��r ci;un:��:r n�=urrd :i�::iinsc m:ir br rrtainrd bv thv \I��rIKn6�'o - . . � .
<br /> - xnJ :�pplii•d to�rurd Ihc p:ipmcnt uC i}�r �irbt hrrcby <���rnrrJ, or. :+t 11��• aptiun nf thc \ten �n�,ro. <urh >um� riiL�-r �ehoih� or in ' . . . . . �
<br /> i pert may lr p:+id uerr to th�• Alortcnxor to Iw� usrd tn rrpair =uch buildint;s nr n� I�uild nr��� 6uildin::� in ih�•ir p6�co ur for ,m>• : .
<br /> L � othcr pttr�x,.c or ohicrt .�tict:tcturr In tho \Inrl �:n4re �,ithaut af(cctinr, thr li�•n u;i t6o m��rlen�;r tar Ihr �ull ;un�ninl >�•run•d h,�re- .
<br /> hc brfore snrh t�nymcnf e����r � �x�k placo. . .
<br /> t `
<br /> "I�n prc�ruptl}' rrp:�ir, n•atorc� ur rcbuild :i �iy� huildings ur im� �n���oinrnt� nu�c or h,�rr:iifo� nn d��� pioim,c<. �� hich riuy h�•. ;
<br /> � romr damagcd �,r dr;� myr<l: ti� kocp sniJ Premi.rs in go�,d v�, ndilion and r<•pxir :ind� frro In•m anc m�•vh:mic'. liou ��rc „thrr lirn nr � � . .
<br /> : cl:+im o( licn nol r�prresh' >ui,��rdinnlyd in thr tirn hrrroC n��� tn .utTer nr p��nnil :�nc ut�l:��. ful u<o of or :utc nui<anrc �n o� i.t nn . .
<br /> r � . >nid prnprna nor tn prnnil w:�ctc on s:ud prcmi<r,. n�v i � � d�� an)' �Nhvr url �chrrrl.�� � hr ��nq,rrr: hrn•in� c��nco��•d ,hall brcvmir . � .
<br /> . Ir.: rului�lfle, nur �o di�ninish nr irnp:�Vr it. ��:ilur bc a�i�� art nr anti.<inii ��� ��iL , � � �•��in�dc �� i; ii ,�II n�r�uirrinrnis ui I:iu� ��ilh ir•��r�t . .
<br /> ��. . In tliv murign�cd prcmi.o. :md Ih�� u.r ti�rrroL �
<br /> �'. , .1'hnt sho�ild lhr prrmiv�c nr am� parl ihi•rr�rf ir L�k�•n ��r d:min�rd h)' rrev�n nt nm puLlit inq�ro��rntrnt i+r rnndrtnn:�hun
<br /> ��. . pnx•ecyling. ur under ILe ritiht ut emiurm dumniu. or iu nuy nth�v mm�ner. thv \lort ,:q;rv vh;�ll bo ��ntitl�vl l�� :JI n�mprnv:�tion.. .
<br /> � . :i�enrds, �md :iny o�hcr paynu•id ur r��lief Ihrndur, and yLnll hr �•nlitlyd . at ir < upu��n. n, r�,inrnon�r. npp��nr in :u�d prv,sir•vh• in it�
<br /> - � va�n ❑11\iC :tfl\' ilCllUll or pr�.vrrdu��, �.r tu makr anc romPnnui.�� or �rulovnmt in irnu�4�6un .� fth >uch takio;; or dunur:r. :111 .u��h
<br /> �. cumpen.rtiou, a�snrdv. d:nns�ey. ri�:hf :d arliim nnd pnHrrJ+ nn• hrro6�• n..ipm•d fu thr \I��r�sai:��r. ��i�n ma��. ❑Orr dcdu��tina
<br /> t . Ihrn�trom all ns ox�irn,��, n�lr:�.r nn�� iuuar��. +o rr��vi���•d h�� n ur npp�y � hr -nnu• „n :m�� indrhtrdnr�•: ��.�•currd h��n�Ly . 1'hr \lort -
<br /> �;aXor nRrere to ox��tutr .urL Iurlhcr �t.si{:nmrnt.r' nf nny rumprn �slion . a��:�rd.. iLimn:;rx. :uid ria:61. nf i��liun :md �.nY�rr� ic :�x tho
<br /> s� A1un�:n�:iv mny rcquire�.
<br /> i:
<br /> • 1'hat in rnse nf (ailurc h. pnr(orm anr n( tt:r o����rnants hrn•in. � hr Uurtcngr�• mn�� d�.� nn Iho :\tnrt �::u:nr'< hoha!( ����rrvt}nnF
<br /> .. �i �vc.�n:nu<�d: lhut th�� dfortgnger m:q' nisu dn nnp nil if ma�� drom tm�v�.s� ry 1� � �nntort : hr lirn IhrrouC dcd Ih�� \1url �;n;;nr ��ill
<br /> � repi�y upon <lemand miy mnnry• pnid ur dinbun�til bp ihe \li,rt�.a�:��i� fur :my uf the :�b���cr pun �o.v.. :vid such nwnac, tn;;rihor �cilh
<br /> �` ititet`est iheny>n +d iho ratr pnn'ided in �nid nule .�Lull I��ennu� •n much ;iddilion;�l ind�•I�Inim•<. hrroha srrurrJ ;md mny L�� in-
<br /> � �' cludcil ui nny dirn•e furcrlu;ing ihi< mort �;;�r,r nnd br paid cut ot H�o r�•nt. � �r pr�n�ro:!< o( =al�• u( <niJ pn•m:.��, ii nn� oUu�n� i,r
<br /> paid: lhat .it shnll .not he ohligidory u�Km lhc \torlg:�grc tq m4uin� mlu lhr cnlidit�� ui :my hrn, onrwuf�,rancr., ar claim in ad-
<br /> euncinF mone>'s as :ibna�� uuthorir.��d. Intt nolhi ��s Len�in ��onlamed >hull la• roa.trw�d :i> n�yuirin�; thv \lurt ��r;cr tn nJc;�nci• nny
<br /> � mnnvyv foe tnn• sucL pur�a��• nnr tu du :my nrt hemundrr: an<I Ihnt �lorf /::�c�v� .h�dl nol inrur anc Por.,,nnl linbilih� b��cnu��• af :n»' .
<br /> �i� � . thinl: it may d�� or omit �a do hvrrunder.
<br /> in lhe eet�nt u( ihe �lefaull 6.� Nurt;:nfor ir. � hi• psctna:il �d :ui�� in� lalltnrnL ;�. n�qnin•d bv thv 1uh• =rcun �d hrrrl,��. ur
<br /> � in tho pi•r(nrtnnna�• o( llu� e61i �;atiun in thiv mndga�;r or in � h�• no�e �irunvi tlicrcb�•. Iliv Al��n;;:��;e�• xhnl� 1��� �•nlilli�d t.� �I���Inrr thr .
<br /> drbt scc4nkl hcrcU)• du�• and pnpaUlc i�'iihou� notin•. :and ihr �lnri;;ny:re siu�ll bi� rmillyd td it. uptian, with��ul nntim. ��nh�•r Lc il��•If , I .
<br /> .. or h�� � ttcei�er � ln M� :�ppuinhvi h�' lhi. cuurl thi•roof. und �cid�out rrpnrd �n thr nd�r�u.�rr nf :un vcnril�• Inr thr md�d�lydnr�. �•. � '� � _
<br /> M, eanryi hireb)'. �t, rntrr vpen and takc p�t�.rs<iun uf thc cner�ca�;rd ��rrmi.i•s, nnd tu r��ll�•ot. �uid r�rvi. r thr rrnt�. �<>v��� nnd pruG�s � � N f •.
<br /> ": thenrof. :md apply the umii•, le�s at+ts u( o�x•.r:dinn �ind arlleclion. upu:i lh�• indvhi�dne.s •.cru �� d h� lin< murll:.t�;v. �iid ti�nLv, ' �
<br />�= I �� icsues nnd prutiLv Fx•in� herc6y zc<ign�vi to ihe AtotiGay:r�� n� furll�er ��rurih' (or thr �+,nnu•nt uf .�ll ind��bti dni�.s s�•cunyl herel+v . .
<br /> " . L � 'Phc• . \{oriF:4IcY� shnll hnre �hc pan�er to nppoinl :uty :��:cnl ur n1;i•nts rt. tn;n� dr�irr (� �r Ih�, purpo�.r n( rrp:�irini: c�iil I�rrm� 6t . . �'�
<br /> h '
<br /> iv�e: reniing the• vm:e:: ctdltrting fhi� mnls, creimucs nnd inrum��. �md it mav pa� out nf cnirl ir.�v�im :�II � sp��n,��. incurn.l in rrnb (p �. .
<br /> � ing and msny�;ing Ilic xr�mc aud of adlecting thr mnLds ihi+ rolrum. I�h�• L:Jan� �• n� mmniiu,. �( :inc . .�h�ll b�• :�� �piird tm.:ud tho � �n �
<br />� ... �. disch��rFc u( thp mort�ngc indrLtc<lnr�v.� "1'hi. :�<siFnmoM in In le�rmin:rtr :md lv�a�nmr null nnil rr,ui up ,n n I�•.��r �d lhis m„rti::��;r. � � .
<br />�
<br />�
<br />��4'`�. . _. . . . I
<br /> �' _' L_ J
<br /> ` S
<br /> �{
<br /> 1
<br />
|