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<br /> " `� MORTGAGORS MAY:� MAKE: PIiEPAYMENTS 'OF PRINCIPAI ON_ ANY INSTALLMENT � OUE � DATE� SUCN � F'REPAYMENT SHALL tlE � �
<br /> ' APPLIED TO INSTALLMENTS LAST TO BECO►r1E DUE UNDEfl THIS MORTGAGE: . PROVIpED THE UNUERSIGNED ARE NUT IN �EfAULT , °��, � „
<br /> � AND:ARE'THEN TNE OWNERS OF THE MORT6AGED PROPERiY, UPON REQUEST ' OF 'TNE= UN�ERSIGNED, . OR EITHER Op TNEM, ; i ;. ;
<br /> � , ` PAYEE AOREES TO FURNISN TO THE UNDERSIGNE0100% OF SUGH 'PRItvCIPAL` PREPAYMENTS; UNLC• SS -ADVANCEMENT' IS PR0 `( < � � t ' % i�
<br /> HIDITEO" 9Y .TNE REGULATIONS OF, CNARiERiNG AND SUpERYI50RY AUTHORITIES 7HEN IN EFFECT: ALL SUCH ADVANCEMENTS � ; � � y �Y
<br /> "� SHALL QE! SECURED.BY THIS';MORTGAOEi1N .THE SAME MANNER AND EFFECT AS IF NO PREPAYMEN78' HAD BEEN MA�E. . � " + ' � '
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<br /> � TH65MOIiTC7AGQR' TURTHEEi" COVGNANTS AND ACREE9: Y' ` � �w4 ' � `L;x ;,y , ' ;-
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<br />„ , 'Cl�nt Ihn Murtgngur +vili pay, Ahc� �ndehtednciy un hprciolxf<�n� �iriivided, >= � i " �� ' ' , ;
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<br />+q � � ": That Wn��Ttorlgughr ii tha nwner ot anid pruprtly iu�: [ee nimpld� nnd Ims � Foal riFhl 'nnd Inwfnl nuU�ariq�� lo ecll m�d .''� s�.�` ' � � r ����
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<br /> i: nmv�y llic enmv 'xnJ, ihnl U�a n�imn is frce and clr.aruC any Hun in enc�mibrnncc: nnd thnl Mort�;i�gor u�ill +enrrnnl nnd drfrnd t6e fi, � '� � ` ` ' + '` `
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<br /> �'+ ' litle ia , siiul pnvnisJa iig+d��ak>.ih� ,�lnima,nf. all pCreona whom'noevuc �' , � �5'" " '
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<br /> r � Tn �>ny Smmultul�lY_H�h�n dueiitiid pnynblc nll ,qenernl tuxes. npeciul 'taxea. sFxciul usw�cvmm�te, ��mb r c1mrK�y., �cwe� a+erv �;; ' } � � "���w"+' ,''
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<br /> ` ':, �ttt chnrg�p, nnd oth�r I��x�s und 'charges nguinnl eni� properly. nhtl ull tuzes Icyi�Yl m� thc debt Necured hr.FcLy�'nnd_lo furnial�;tiiu r. > �, ' ' '"'
<br /> t� Tforlgagce, u�wn ;ii.Y�u�st lvith ' tho . originnl nr Juplicntc .nrcipts tlwcc(or. 1'hc : blorlgngnr ;nFrcca that ' then, aBnll',lw add� dslo ; y ',,�.:> ` �'
<br /> ` : rmh ,monkhly . pnyment riKjulnYl harcun�lcr or under .11n. Cvidencu uf i1c6t Rrcured Leroh}• nn ' nmaunt estimuled by .tl�c AlotignRM+ , ' � , "" , ''
<br /> ' : to U� sutfiu�ni ;'to enubf� llic `Tiarlgn�;en� lo puy,` aa Uiay becomc due, ull t�x4v. n�;ai�y4menLv, and aimilnr;,chprgr,s .u�wn,lh� prem ' r ; ,t .;
<br />�' " ; fse� uuliject t6cretuyiaiiy delicicncy�.Uectiuse of th¢. insullicicncy of nuch iiJditional . priymcnLs sht�ll ha dodln�ith depuviled byr,'Uie i; ` ' � ; , � ''" �"` d S
<br /> ' ,, ,`- < Tforlgngoc ailh thc;: A(nrtgngr.r . upan ciciimnd by ,Uic Dtortgngc� �Any ilclnult undcr lhis pnrn�;niph slu�ll-be �lr.mc�l e defnult fn i a F. 7 ,
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<br /> t. .:, pnymenF,'nf ln�;cv.: n.aweswments:' or »Imilnr:chnrges nhuimi l�en�widec � ^;, ' ,' t u,':
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<br />�� � Thi� S1orf��Foragmes that there xhnll nlcoJm ndded lo rLch mnntldy pnyment nt �itinciP11 nnd . inler��vl n4�uired here . , �; � � � � r�
<br /> ° ' under nn nmowikcwtimaled U�� thv �1art�gco- m lx siilticicntto em�hlr. ihc hlorl+:agec to pnp;' na it }n•cn�iu� duc., thc invurnncu ' "' t `
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<br />'t, : pmmium nn �tmy insurantt+ j�olicy �ielivemd lii the A16rtgn�;ee. AnY ileficicncY lrcnuse o( . thii insuFticicncy of euch additinnul pny r 4 t, *(;;, , ` �.
<br />� mculs xlinll tx forlhivllh deposifed 6y the \forigngor }�•ith thi� Dlorlgttgce u{wn dem�uid Ly 16c l�fortgny;��e. Atiy deCnull undr.r=this :i 3 �
<br />; � ,�;.pnrag�tijil� slmlLix��der.med ii� de[ault in�, the . payment nf ineumncc premiumy. If thn..{xdicy or . puluiex� de�insifed nm:such as. fiume• :.� ��:� , } t �*r, , �
<br /> r r ; - : awnets or nll riek" pulicitc, nnd thr. depu�its nm insu�cidnt W pny ll�n erdire pn:mium. Ihc \toilgnget• mny npply d�e deppsitlo X � ' �. f " r+'.
<br />, �idy ��mmiums on ri5kv requiri<I to h�� inaured by lhis mortgapci . t + ' , , w'7 E' <;'
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<br /> xr ., PuymunLy ivude by thu Dlodgngor under tl�e nbove pnrngrnphs may. nt the optian o( ihe Dfnriltngee. Im hrld lry it nnd j , i �� r .;
<br /> rnmmingled tr•itf�. otfier such' (unds or ita own f�mda fur, the puymenl �Lsuch items. c+nd until vn .�pplieel, xuch pnymenls nm I��re{�y � � ',Y" ' �
<br /> ., pledged �n.r aecurity< Ior thr iinpaid �. fat�lnncc nf the mnrtgnge indebtednocc:. � � �:�:� � . +:-.* ` << :,
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<br /> a '1'o pevcurr, dclivcr fo; and mninlnin fnr lhe benefit of thc \1orl�;ngec �(uring fh� lifa u[ this mortgatie ori�in�il policics nnd 3 ''� 3 '- , .
<br /> � rrncwnls th�rmF,:delivcnKl ut let�t len duys betnm tl�c expirulion . uf tmy; xuch �x�liciis, msu�ing nguinxldiru mid oiher in:turnblr � t: �� Sr '
<br /> + haxunSs;;cmuulAes, snd �ronlin�;encies -ns Ehe 1forlFngce mnyrcquire, in 5n amount :equnl lri the , inde6teclnees ,.sc�nucd by', this I� � '� � � ` '
<br /> f� ' ' Afort�e, mul in.compunirs nccrpta6lc to the AlortgnFce. ���iIF IosK puyaMe clnusu in Tn�•or of nncl in form acrepinble to the Alortga � + ' r
<br /> ' ' qee: L� tlm event anY I�olicy ,ia nut rcunwiYi OII Ot IH'�oM l(!�l tI11}�6AI IfP PX{71fAU011, tMl' Dlortgd�;��c muq �irtwun� insurnnce on the ' S r • '.
<br /> � ; impEirvements. pay, il�c ,prt+miwn Uiere(or, amd euch sunrshall Ix�vnm immedintr.ly duc nnd pnynlilo witlirinfcrest nF the rnte .at . ; ' i }
<br />? fo�th in'soid notu vniil pai� nnd 9hall Lrru�cur�kl by thia mortguge. Fniluro on thdpnrt o! lho hlorlgi�gor;lo Iurnix6sudi rrnnwnls , � �)
<br /> ':� ns am fierCin rtquired ot (uiltuc to pny-any hums ndvnnced I�ercunder � ahnll, nt the : nption uf��.the ,\fartgngce, constitidr n dc(eult '� �� + � �. ' 't�
<br />`�' �nder the tr.rms, of Hiis mortga�;c. Thrclbliverv vf such Fwlicics shull. in (he evenl of;di•(p11IL (%17L4I1�11�C flll nasi�;ntnrnl of the un. � ' ; f�} 2R
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<br /> , `Any aums mccived hy the \1ortFagee hp nnnon of li�as or dnmage in5ured ngainst may ho rntnined 6y the Afortgagc� I (� ' � `.
<br />' � nnd appli�til tuwar�l the Fmyment u[ the- dcht hemi�y sucured, ur, at the ,upiion n( 'lh6 �Uort�agce, sucfi suma rither w}mlly oi in � s4 w� r ;
<br /> �,' pnrl mny. hu pnid nver tu Ihc ,Mort�,n�or to t� uscYl tn mpnir such buiWings nr to build new Luildings in their pincc or fnr unp x , , 3' ': 3 '
<br /> :.. olher.. purpave nc: uhj�rt �sntieioctury; to .lhe �_D1urt�eeee .wiLhuui�. nRectin¢ .the .lien� un_lhe. morlrnce. (or_ theYullmm�unlsecured��liem ' � i ' �+'?`
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<br /> hy l�elnre s�ich.pnymenl cver t�k pincc. + - ',�
<br /> ' � Tu promptly nrpnir, ���rrstom - or. rchuild . nny � buildinKr � or im��rm�mnenls naw nr hrrrvdter �m the ' ��remiecs- ahich tuny,hc� ��: � ': , : +�.
<br /> r cromv dnmag�wl uc, devtrnyccJ: to kcep suid premises in gwd �rondilion nnd repnir 3ind tme (nim :�ny mechanic's Iien �irotLeClicn or . i � �
<br /> ` � clnim ot� lien not expms.cly Auhnrciinnted to t6e lien l�erenf; :ndt to su(fer� or permit �nny .unla�.•iul � use- i�( .or �my nuiwnn� tn exiYt� an . �� i ` �. � i, ,:
<br />� ` snid �irop��rt� nor: to pennit���vtule � on ss:+id � prcmis�.w.� nor� ln do� nny ather� oct whereby � thc pm�xrt}• hemby ain�•cyed� ahnll � bMomo � �. �� � j` ' ,: h 1`
<br />,.. '' Jcss valunble: nurlii ditninixh or impair i4e cnluc by �my acl vr i�mission �- lo � nch to emnply :�eiUi nll requinm��nfx af� I:i�1• d•ilh � n�per�t : � r ' �.�A
<br /> to. thn:morigng��cl pmmisesand thc use tlicreuL � `
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<br /> Ttmt should. lhePremiw�s or anp pnrt thcrenf bc tnkercor dmm��;ed by ren�n o( nny publici�u�imvemrnt or enndrmnntion - G ,
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<br /> proceeding, or uncler thc right n[ eniinent domnin:.or in i+qy, othcr munner, the 'Alartgngee shal( !x� cnlillid tu adf �nm�mnauGtins. $
<br /> nwunls; and .any,other payment or rnlie[ therefnr, und xhall L� enliqed: at i�a upiinn, to co�iimence. np�en� in nnd ��n�accute in ila `
<br /> ) own ndmenny nclion urpnicrrdmg, or;to makc: nny��compromisc orsrUlement iu.connirtion �wilh such tnking or dmm��c, All:suclt . �- � �' ��
<br /> .� rnmpenrntion, ' nwdrds. dninagis. right 'oCnction � nnd 'procred9 �are . 6eml�p� cissigncd . �o thc . 11origugec.:� wNo mny,:..n[ter.. dedudin� '
<br /> r� � tliercfrnni nll� its espenses.. relense an�•� moneyx sb rcc.iveci . hy it ur � npph�: fhe:snmc on �my indebtedn�.�a.r-secumd. hcre�bY. 9'he '�\tott• .`.f ,
<br /> : gagocagreeri to esecut� sucfi -furlher nssignmenis of nny winpensiilion. nwanls. dnmag�•s, nnd riFhts n( uctimm �n[Lprem�nlx as lhr, + ",
<br /> � j T�1ort�agee mny. nqwre:. ��"
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<br /> , � , Tfmt in ca.ac of tnilurc. to ��erfonn nny nf thc crovenanls herein: the !�lortgagcc mny clo on thc �lort�;u�or'n tMl�nit evcr}•thing � �
<br /> so mvenanted;tf�nf th� htoctguFcr. inuy nleo do nny n�l ilmuy.da•in iicitiscary fu pn�lNct the licn Llienw�C ' tlmt the . Dlodgag6r ai)1 S
<br /> ' . repey:u�iori. denuinil nny muncys pnici or''disbumid hwlhc,.AtoFlRngettcir :mv of the'nbm•e pur�icncc nnd :aiich moncyR loFelher;with � ' `
<br /> inter�Ethenron_ xt;the rulu;jiro+•ided inw�id �mle shnll Lx�come so much udditiunnl . indobl�xlneav . hUrebY cccuntil : nml muy fx. in- ` � : ,
<br /> cluded 'in nny decmo for�xlosing this .mort�ge and be puicl out ot, the rents y�,procceds of .��le oL auid - prrmiers : iL:nnt ntFcrwisn '
<br /> ' paltl; :th�it it ahnlCnol lm obligntory u��n lhe. Afori�a�;ee td iiiquim inlu'2he 4;ilidity nf any `liirn, encum6mncea, or clsim in nd- f
<br /> vnnung; mnncys as etrove rmlhorizrd, butnuthing hercin contnin�d shnll tr� cvnstrued :19 TCf�Ulflllh II1C' AlUfI�;i1�;P0 �O A(ICIIII(Y! p1IV 1
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<br /> moneye (ornny'Bach pur{wau tiur to do n�y act liemundrr; nnd thnt Dtorfgngen ahall not inc�ir any personad linbflity 1ri�uwse nt nny�
<br />' � ` , tf�ing it mny do or omit 1�� do hercunder. r a
<br /> ��� In lho uvent of the defnult by �iotlFngut in tl�e payment of eny _ inslullment, os nK�uire�l by ihe Note sccurcJ herchy, or �
<br /> m' thu perfotmnnco o[ fhe oblignGun.in this mortgage or in fliu notn r.�curecl there6y: p�e �tottgag�v; ahnit Le imliiled tn ilrclare the t e
<br /> � delit seetirctl herehy duo.¢nii puyn6le Hilhou! noUci;,and the hlortgugee ehnll be eniitleJ nt iis �iption, uitl�i�ut notice, either by iGiclf '
<br />`y � .� , ocL'y n�.ntirt�rr3t��li� nppaintivl 6y lhe �couct (heteof. nnd u•ilhout mgarcl:to lhe�ndequacy. ot� nny sccurity �far the �indebli�lness. r.e- - � L r ,� ��' ��'j. t� :�-.
<br />� ' � ' cuml .hemby, iarnler u{wn nnd lnke paa4essinn oEthe mortgriged prnmises,.'nnd to colli�ct nnd receive tho renls, issucs nnd profits , tr' �Y� �=s
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<br /> t � thcreot;`. and 'npply, thc erime, less cuelu:of operntiun ,nnd rollecfion, ;u�n the indebltdnc.cv eeeumd • hy , this morlgnge naid tenls, � � �y�s3 't
<br />` � - icsura nnd pro8ln being hen hp�nsqiFnetl tq the �1orlFagee as (urther sccurity fnr iho {mvmenl yP��all indrbteilne� ac�cunnl hercl�y: :'- � ` � .}p �, ,-
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<br /> , � � ;z7 hc rlortguRre shulChave lho I�er lo nppoint any ngent nr ngrntx it mny, drsire fnr: Ihe �wrpcxe of repai�inK s,�id prcm• r A -: �`
<br />� . isea, ten4ng the snme rnlli�ctinfi thc�renls m�•nnuea and incume. �neliE �mny pny. oi�t of nnid � incume-� nlLdxpertrev in�lvrirl in� renb . �-� t SA . x
<br /> ' ' mg nnd ;mnnaq�ng ;ihu 'eome :nnd' ot collecting . tho`rhntnls . lhemhom. The halnnne remnining; i( �ny, shnll be npplicrl Iuwunl the ` ,� ;
<br /> ,. � d�schnry;e ot the. mortgnge , indebtcdnesal;This`.nrsignment i 's:to fcrminntr. end tiecomr null end void' iqH�n rclrusc nf lhis mnrl�nge �� ' '�
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