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<br /> � � 7, 7,, ,. 000 �35 :1 �� . � , , ., :
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<br /> F `, ' MORTGAGORS MAY MAHE PREPAYMENTS OF PRMCIPAL ON ANY INSTALLMENT DUE DATH. SUCN PRFPAYMENT SHALL UE � .nf, ' �
<br /> a APPLIEO TO INSTALLMENTS U1SiT0 DrCOME`DUE UNDER THIS MORTGAGE:: PROVIDED THE UNDEflSICNED ARE NOT IN DEFAULT 3 w ; t
<br /> � AND AREsTHEN;THE OWNERS OF THE MORT(3AOEO PROPERTY, UPON REQUES7 ` OF THE UNDERSIGNED, OR EITNER ' OF 7HEM, � < '.�" ' , `'
<br /> n, �
<br />° � `. PAYEE*Af3REES?O FURNISH 'TO THEfUNDERSIQNED 100�/a A�' SUCH ' PRINCIPAL PREPAYMENTS� UNLESS . ADVANCEMENT ) IS' Pfl0• � ;`. � r r ! sr�+ ` '
<br /> > .. HIOITED EiY.`,THE'REGULA710NS , OF,CHARTERINQ,AND, S►IPHRV�30RY;AU�HORlT��S;7HEN IN EFFECT: ALL SUCH ADVANCEMEN75 ` �`,, , : , ', � .., ; , � ';
<br /> r SHAIL'BE'SECURED' BY THIS`MORT�A�B IN THE SAME MANNER AND EFfECT 'AS IF NO PREPAYMENTS HAO OEEN MApE, + rt ; ' �� r'"' i �^�Y ; :
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<br /> � � THE"AfORTY3AGOR FURTHF.n` COVCNANTS� AND A(7RECS: ' ti � � ` �E ,K , ° r� � `�'' �
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<br /> 3i � � " 'ChnL Lllo+Mortgngor` Will jmy tho m�IcLlednctiv ag hiiroinbrfnm :l�tovWrd. } ' s r{� ; , s � ' ,
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<br />;t; r j ' I' ,'! hut lha; Morlgugor ,ls thn ownor of xnid pruperly in fcu nimple, nnd Lne R��xI right nnd linvlul nulLurita to er.11 'nnd Fs 4 sG r tf ' ! �k } `:tA Ry .^`
<br /> v, ' convoy; tha anruu n�id thut lho nnmo is [rc� nnd clrnr o[ uny; licn or ciimimbrwur.t nnd lliat Morlgngor �yill warrnnl 'und dr(etld Uio . ' re: � � '� ''r " t `, '�„
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<br /> � t 4Uo, to. �udd prtm�ary i�yulnql iho eli�iiiie a[ ,nll , perxonn +vhom�uu��ec . : �° F ° 4+ V .
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<br /> . ,:� �lU ))[I}' ItT1M11��I1�l�Y;�\4�1011 l�11C'�Altl� {)I1y11�1�1J tl�� qCOCCtl� �1l%l'9� A�)IClll� � IXCA. 8�11Gt1� 11&YC9Alllqfl�8� .AV��4f C�Iq7$C:1� lMVL! BCfV SF. .� >r s .? iy
<br /> , icu chniF�+ nnd tither tnxi�`imil chnrj;ce nguinet auid pto�icity, u�id nll�� loxea Icviiiil on, l6u d��bt xecured liereby;�;nn�l ,lo furnisl� thn , � � � �, � tr �:
<br /> �' Ainr�hii�,�y�, u w�c,��na urx1. ' ��ith Ihc. odgiiml .ur �il�i�tliculo . i��.ripLv llicrefnr, !l'he�. y�forlgngoc; i�gmex jhal limre s1�nIL he +i�lded lo �� � ` , ` � ' � ; �`, , ' �' � r`�'
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<br /> mch ni��nlhly� ��nym��nl requirivl hercundex or uniler. U�e evid'ci�se a[ deLL accurc�l �here6y nii �umounL�,r.ptinuiled I�y',lhe �tortgagee ' ��n } ;': r �< 1 1'� ��` � , , i
<br /> a ' ln 6c bulruenk tq inuhlt .,lLe Dturl�ngee lo juiYc:P'� qicy �ctioino (IUI!. AII I4XC9� 1149CYSIOCO�N. mul aimili�r cliurgix;utwn ,lhn ;prcm• . : �N ,'y , r r rs;
<br /> � ; t �us Fuli�ei.k il�emlu, �my�defic�eney' Ireciiune o[ Ihi� B�:+ufliciency o( xuch 'nddiliu�iut; j�nytnenln';ahnll lx� .[orlhwiih depueiled. by ,thr , +":`. x� i �
<br /> ' ` MbrlRntior w�th ,`i]ie 111qrt'gngeu upnn��,ilen�und 6y: tlic T�luKlgnger. ,AnY� dr[nult undcr thie� jinra�;��yih �ehnll bo dcenia�d 'a dr,fnult in i � +,� � , ', i i '' ' ; ` , :
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<br /> i ' �)AylTlEtlt r1I I11XU.9�� 1198Cff9R10/1f9. 01' - 911TII�IIC l'�111I{;09 R�f�41Tt!f� . �1PI100[�l'I'.. b �t ' �.�.) x � <.
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<br /> * r t . ,�,' �' . T�fO Tiortgugor ll�;[i!CR (�IFl6 (�1LfC Rhnll . nlxo hu ndded ln eneL. manUily puymunl uf�. principal nnd inlcren(� requirrd �h�re• &,c{ . +` � A � ;, ; r. i:
<br />� ; r . '„ ` uncfer.Att umnunt �calimnted . by lhe Dlntlgngr,t�. ldbo sidticiant��to ��iu�blert6c �Mortpagce to� pny. as it`. Uernmex :�luu. lhu insiirnncu f r .y a, ��i '. ',. +_ 1 .:f;^
<br /> r � ; � prnmium uu t�ny ��,itwurnnce. poUt,y drli��enxllo .thi� \i�irl�,ntirc: Any cluficicncy Uccnu�:u of thr. ' ineulOcicncy of aucl� � nddilionnl -�m� . : .� �x , r :-.:� 47 ^.� � ;� : . .
<br />'� ,{ � . mci�In;sLull lx doTthwiU� depcwiled bv ,tho Aturlgntior wilh lhc Nnrtgngee u�wn ilrmm�d l�,v Ihe TlortRngen. Any clefnult undor lhis 1 ;1 ` , '�� , , : f j;
<br /> r Y >, I�nrugrnph ehidGlii� deenu�d' n defuuU iii tFie paymenl af inyunmci• pmmiuma. i[ th�� �wlic�� ur policica deposilyd nrc vuch ny liomtf:, � ' i ' ;� f ^
<br /> awners or nll rink' �ti�liciry. iind tlm dc��osil.v ere inyuflicienl lu pny lhe rniire premium. Ih� 1�torignF�e mny npply the de�wsil lo ° <<„' � � : � , >'y y y ' °� ;
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<br />, � �mY Premiums on �� riska mnuired to br. invurcd by,�ihia murtguge. �` � i � � �, � .�,, ' ' ° i
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<br /> � ��� Pe)'menLs madc. hy .lho AlortgiiFor uuder �tim alwve ��nrugrtiphs� mny, nl the nplion ut tho Atortgnqce. tx ��held liy if and . �; ' , � ,;�
<br /> lix commingletl with �olhcr eucfi� lunda ,or; its ow•n fun�is 'ft�r Ihc� pnyment of such itatnyi rmd unlil xo npplicd. such pnynicnta nrc hcreby � �r � �: ,i �'` , �. ey , �'� „
<br /> � � .pl�dK4k1 ns security for the unpuid btdonr,c o( lhe� mnrlgnge �inJublr�Luav. �� �� � � �< � > ,,� � f' f �
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<br /> � �' 'I'o prucum, ciclh•cr�� lo. and .mninlnin for� fhc benc6f� o( thr. �Atortgukc�,during thu IiG� nC this tnorlgnKo originnl pulicica nnd •. - � p � "'�"� �r � , ' ;
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<br /> , renewals thercKi[,<'dclivenvl� nf IcasL ten dnys IMlurv. lhmexpitution uf ��nny auch � {�olii•ics, _insuring� agnintit firo ond ��nfher: inAurn6le y �� � 4 1 ��
<br /> ; � hnzunis. cnsualtics, nnd contingencica� ns thu � Afoilgngec nuiy� requiro,� in nu ' imiounk eryunl � to lhu , indeMtedrieae�� �secured , Ny: ihre z � ,1� .� � �
<br /> w ' Dtartguga. nnd in compnnice �n�ticptubli+ . to lhu �Aturlgogcc,� with loati pnynble duuse �in firvor ot�and in fonn atteptnblo to lhc ntorf�,u �.. ` w i r '
<br /> ° gee. ' In' tha event+ uuy ��olicy is nut fClll'WMI on or beforc ten dn is of itx ex �irntinn, tho AtortRngem m� 'i �
<br /> { �, . .. . . . . Y , . I . Y Pra�uru iusurnncc oh (hc �. � - " � x }� .. ` z.
<br /> } impiu4ements;�puy Lho promium l6erefor, nnd �such sum sl�nll lxrnmc . immaliolcly.'. dur an�l �:�pnynblc �witli intcreai.nt thc rnto aet �.. � , �ti G s��' F� k
<br />� [orlh � in snid nolu; unlil Nnid�. nnd :ihedl lK s��cumd . by this morlgage. '.Fuilum on � thc pnrl of. �lh� i�lortgngor ta turuixh such renewnlx „ :; t . � � � � � * ` '' c.
<br /> t ns nre'herciu nquircYl or(nilum tn pny nny cums'ndvnuceJ 6erounder eGnll. n! tlie oplim� of the �torlgt�gm. constilut�! n dr.(auli� � � r ' 4 ! ,
<br /> r under.the Wnay n[ this mortgoge. Thc tlelivery of;nuch policies shnll, iii: the cvont b[ delnult,' cnnstitutc. nn nxsi�nment nf llie un• • � - � �-� �, f `� °�-
<br /> `` u�rniY1 'pmmium. ;: ' ;' . t ' .
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<br /> S' �� Any aum9 tecci� rJ ;Ly the i\tortgngeo by rrnxm� o[ loes i�r dmm�Fe insun�ci ngninst mny bc mlaDird by Iho Ttortgu�co � " � r ' � µ r,
<br />'` . . H11fI �.. AF1�)IICfI . �OWllt(I �Ill7 pnyment �of ���the debt�.: hureby :secumd, or, ni thepplfon of ihc \1otlKugec, such sumc cither whully.:or m . �, � �' ; � y"` .. t.` � Y�
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<br /> pnrk,mny he pnid m�cr ,to ltie Diurlgngor.io liu uartl lo mp�iir.xuclC huildinga .or` to build new huildin�s in thiiir plarn or t9r nny �,� f' r, ' s �
<br /> a � ot��er' pur�wse or ��ub�cet axtisf�mlory� lo:� the D4urtgngce without nQocling lh�� �ian on Ihr muriqnge for Ih� full nmminf wrund� hrro- � < < r t :; t,, .. .
<br />�, by hefore xuchpa} ment uver. ta�k Plnce. `
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<br /> 7'n pmm�iUy rcpuir. reytom or rc6uild nny buildin�;s ur improvcmenfH now or hercafler on tl�r premicc.v «•I�ich rnny lie - j J � � � ?:
<br /> mme. dmm�ged or. dcwlrovaC lo keej� xnid pmmiscs in giwd rnndilion nnd rupnir nnd Geulram miy mrchunick Ilim' or nther9ien m " t ' `:
<br /> claim o[ licn not exprc:uly sulwrJinntaLlo fhe licn hcnrof; nul to sulTer or .permit:miy 'unln+vful use nt nr any nuisnncr. tu exist on , ; � � ' ' � `
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<br /> ' snid -�prvperly no� to� �iennit wnste: od� nnid premises; nnr to do �nny� i�ther ticLwhere6y ' lhe ��roporlylienby conveyvd xlmll - lxrnme `�` � ,� :.
<br /> , Iess vnluable. ndr.tn diminixh c�r impnir il+: vnlue by xny nct nr umissiun lo nct; tu �cnmply �eith all rrquircmenln uf luw with recpect , .' ' , + `
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<br /> s , . ; to U�e morlguF�Kf pruninc�i aud thc uec � lhcrcoL . . � . . .. . . _��� ". ,;.,�, . ' � ; -.; i ''
<br /> � '.': Thnl should thr"ptemiacr nr•'imy j�nd Ihurrof Ix• liiken or dutni�ged hy renson n[ nnY public impm�•emenLor amdrmnnllon � , t $ `; ' �
<br /> ' . , . . . proceecling. or; under, thc ri�:ht. of emincnt domniti, i�c in anv olher mnnm�r, - the ,�fnrtgu�;cc yhnll be CIIIIIIMI'.(O qII �rompenanUonx. � < _'
<br /> � " nwards; und uny.�other ��nyment or �clief 1hernlor,� tmd ehnlLlx ienlitled, .nl 1ts aption, lo . cnmmence, n�ipear in . nnd�� prcxiccide� in ita � ; �
<br /> - awn nnme nny, nction oc �iraraling;?�r. lo mnke: nny cumprumise or setUcmout iii canm�clion wiUi auoh tnkinw ocdmm�Ka All guch . ;
<br /> compc�isntion, uwnrds, druniig��r, rigld 'of nction nnd (inxYaln arc heir6y aswi�ned lo ihu: �tortgngee, w�l�o mny: nitcr dr.ducUng � � � '
<br /> therefnnri nll iLs4xpen��a, .relense nny moncys so mceived by it oc npply thu runne on nny indrhtrdnca�r secuntil herubg. 7'hc \tort- �
<br /> qngar _ngmea to execute auch furthcrnsvgnmentti'n( nn� rump� nsotitin, ii��nnls, di�mn�;e9, nnd ri�:61x ci[ nilion m�J _prvn•ersh n:f ih� t
<br /> hlortFnFco mny rcqwre =, ,� :� �. � '� : � . - ' - ' t : �
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<br /> ' ThnEin cu.�cc o[ fnilura lo �xrform nny o[fhc a�venants hcrcinr Il�e \iarlgngc� mny :do an tLc �lorl�ngor's t�ehel( rvcrything f
<br /> ';w�. covenonted; thnt. tHo-rforf�iigee muy'nlso du miy uct it mny decm nc�ti�9aary, tii ��rnicc! thi iicn thereo[: thnt the Dlorlgngur �rill '
<br /> ", l; :. rePriy- upon drmimd nny moneys pnid :or disbursed by, tho hlurtgnger.for. nnynf lhu ��6ovn purpcnes. t�nd auch muncyF tngclfiur wilh t -, , , +�
<br /> ' Infero:d lhere�in 'nt U�c 'rnletprovided in wiid nol� vhalllxcnme so . much ndJitionnl indebtwliu•sq herihy xecumd nnd mey ;lxrin• � . . '
<br /> cludttl in nny. decne toreclqsing thiv mnrtgn�c dnd iK� pnid :oul n( lhe :renls ,nr ptocreds of xnle nLsoid pritmaca Jf unl ol6envixe r
<br /> � paid; ',thnl it alinll not Le'nbligatory u�wn thc . Mortgugcv� to inquirc ' intn ihc �•nlidity of'nny licn, e�icumbronn�i or cl+ilm ' iii nd• } � '
<br /> vancing moneys' oy nl�eo ' uuUiurized.' Lut nothing hercin cunf��inrd xhnlLfw cnnxlrucd ns nv�ulring Lho D1od�;ngue . lo ndvnucr. nny � •, �
<br /> monays fnr nny xiuli pur��ose nor !o du nny nct Lercunder; nnd thni DlbrlguK�n ulinll n�it incur nny pareonnl linbilit,Y �x•enuso nf nny �
<br /> ', thing �it moy clo, or omil !o do hernwtder.� . � .
<br /> -.� In th� event� u( thddefuull by` hiortg�gor in lhe pnyment o( nny iuxtnllmenl, m n�c{uirrd by. lhc Noti� secured � hricby� or � �
<br /> � r � m Eheper(ominnn� v( the obligaRnn in thEs"murtgngc orin lhe nole secared. U�breby, thb' Atorlgn�;ca'ehnll bc enlitled .td div�lnrc thd �
<br />` � deht'xecured hercby duo end paya�le_ivithnut no6ce, nnd th�. Dtortqng�iU ahull Li�.enlikli�d uliLv'nptiun, wilhnutrootice, eilher 6y il.vrl[ � er�� • { �� <
<br /> +. � nr 1�Y�:n icc}iveelo hq appuinfcd 6y� t}ic court then.rof, nnd .wilhoUl�. regnttl lo lhc. vdcquucy, o( nny ;securily for tLr � indeLfcclnes.a rA• ` ` " � ^'� "�
<br /> � � { �:�� �; � curtKl��: hereb�i tti. eriler u��6n nnd tnke, ��oa.vcasiun'-o[ tl�e morlgaged tirrmisce, .nnd tn rnllect� nnd recci�•e. the rcnlxi,issu.�i and �profib . I ; . �F f . ' �. :��� i ';
<br />� L� �.-�� ' �, iherebf,. ond npply thc::utmr.,;lees coxls o[ opemllonand �nllection, u�wn the . inde6tiYines.9 � xecured , by;. thix mwtgnµ saiil ; rcnle, _ .-. � ;. ;: j � � ;��'�'f} � ,,.
<br /> Iasu�a`and prolila bmnR herehy uavign��ci to the �lorlgn�rc as furthcr ercurily tor Ihe pn}•ment ��f ull indrhtrdnres e�r:unKl hercl�y. , ' , a F{' � ,
<br />� � ��' '1'hn i+ifittgoRee ehull Ln�o tho�power to aj�Fwint uny:ngent or aFents it mny dexirc fur (he .puqiuvr uf repuirin� xnid -�prem• . 5 .�- A � .'�� � �:
<br /> , � iacs„TenBng ,lhc ,eam�: ?colloetirig. the rents; ie'venucx nnd income, nnd il may pny out o( ,�inid int■imc nll ex�knsca inntrnd iii mnb � ,° '� 3 :
<br /> ing ,@qd munngiog' thc �anmc nnd of rnllecting thq rnntals llicre(tt�m. . Thc ' 6nLmtt mmnininq, il:any, shnU 6c npplicd Inwnrd the � ' '-+ •
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<br /> ;� discHnrge of thc; rtiorlgifqe indc6liklmwe. Thix a�signment �iq lo lormin��tr nnd ' Ix•comr null +�ml void u�ron rclrnu• of Ihia mnrtpngc. �''' "
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