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<br /> . � MORI'6AGt}RS � MAY. MhKE PREPhYMENiS � 6F� PR1�1C(PAL ON At�fY iNSTALLAtENT DUE DATE � SUCH PREPAYMENT SHALL EiE � � �� � � � �
<br /> „ . � hPPLtED 70� IPYSTALLMENTS L0.5T TO BEC4ME DUE UNQER 7HIS MORh:�GE PftOVtDEO� TliE UNDERSiGNEO FRE NOT IN DEFAULT � � .
<br /> � . AA10 ARE TNEN THE� OWNERS OF THE MORTCAGED PAOPERM, UPON REQUEST-� Of � T'fiE UNJERS(GtiEO., 6R EITHfR OF � THEM, . �.
<br /> � � FAYEE kGREES �TO FitRAlI5H TO THE UkDER57GREQ 106% OF S(!C!f � PRiNCiPAL PREPAYMEIiTS, . UNLESS . hDYANCEt�€EMT i5 PRQ• � � � ��
<br /> � � M2Ht7E4 SY THE REGULAPOHS OF CHARTERIN6 qNtD Sl1PERYISOHY AUTHORRIES THEM IN fFFECT. ALL SUCH ADYANCEMENTS . � � �
<br /> SNfiLL 6E 5EC!l52Eb BY TNIS MORTGAGE IN itiE SAME. fi,4ANNEit AND EFFECT AS iF NO PiiEPAYMENTS }iAQ BEEN kfA6E
<br /> THE \+IQRTGAGQR FUR'fHER CD�'E1'A?�?5 AND AGRFES:
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<br /> � .�. �� � T'h:�t � Lh�e, l9�iiYFaRor wiil �uiy the indebte��nesv� as� hc-reinbe(nre pra��dnd. � � � � � . . . . . . . . ..
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<br /> � � . � . T}�ul . ihe�. Alnrt;agcu iv ihr o�-nnr � of ssid proprny in fe,� � �im{il., anr7 liss Fo<d riFht an�1 1vu-fu{ ;,ctnoritt� t� sefl ::n:�. � �
<br /> � . � ax�m�et�.�tlx, sNme aad .tht�f i.hc same is fc.� and cJr.ar of xm� ii�n or rncvmbrance; and thxL h9ortra�or i��i!1 ++�hrrant a:id r.��ianri ahe � � � � �
<br /> . � � tide .Yu . snid :{�remi>es syainst tbe claimn. oi xll persnns � ,rhum;xu�r❑ � . .. . . � . . ' � . .
<br /> � ' � � . .. . 7'0 � �iny immrdiati4�• µh�•n due an3 � ;rat�able �ail grneral �taxrs.. specis7 lazes. c�mcisl asc::csments. ?svter charfie;, se.arr sen'- `. . .
<br /> „ i . � . . i<r charges.� ahd �oth�•r t»Ye:; snd � char�;es against�. snid pm�+vny; and all tazes leried uo the d.-ht _wszvec� h:�rc-hp. and to iurnui3 thi+ � - � � �
<br /> , � . ?�icrigaFm. .v}w_� n�qee=.�. u�i�h the uri�insl qr duplicalr rcr.ripts therrlor:� Thr Aiorlqs�or � a�n-cs that therr .$)iall }K. � �ad3rd � tn . -
<br /> . r-ar.h monthiy paprnenf �requimii hereur.der � nrunder .the e��idFnce of aebt srcured hurc�h;� an smount e:.tiroatrd h�• . tiae \forteaFtr � � . � .
<br /> ' �; . .. � � :n iK• culncient tn� rnxUli� the� .�4r=rl�a�;re. 1o .pa��. �s l�rry tren�me duc. »Il tsxe>. sswsments. �aii >imi3�r r.hsr�e� u=x:n ih:� nnm- . . .
<br /> i��s sui�jfr,[ thercio; 3ny defic:ienn� M�.au.se nf the insui�iaenc� of. such adciitissnal . paymenis shsi; Ix fnrth»-ith i4�-pn=itfd hy thc� � . �
<br /> "�� � � Mortgri�or with ihe '�1orYFag�e � upon demand . hy t1:e ?�Qortc'a�cr_ .4ny dr(av:t anilf-f ihia. par:+.cra��h ;h211. Iw• dremr� a driauit iri . . � �
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<br /> . . phpmer.t .ut tasec a :sr„m�mts, rr similnr charg�s rw,�uired hrreuncier. �
<br /> � . � Tiie 9Surignciu aerees inat there shall siKi be a�idrd io �:�ch rnr,nihlc paymr. nt oi �:rin:ipal and inirresi.� r<-quired hrm- � � � � .
<br /> under xn amuua� :��tim3u�d b�� ihr• ?�4nrtrx;ee tn lie sut.xi�:i�mi t�i ennhir thE• '�farfcaFiv' to F�a7�, :+< st bf•:omes rii�e, �he inxurantt� . , � �
<br /> � � pmrr.ium � on anr ir.svrance ar>lic;r drlive,-rri tn the '�1cn�a;:rc. Anq defici��nc?� l�oc9use nf thr insufficienn� nf >uch addleinna] ;�a�-- - � .
<br /> � � m.�nts shail 6e f��rt?rx-i�h �iejx�it.r1 fip the �7orLcaFnr ai2t� the \4or�ac<e- v{r�n ri«tnsai! i>.� 1he '�ior.ga,cre: .Anp defauit uadrr this . �, - �
<br /> � � para�;ra{r}i st�.aii 3x � �lremeci a �icfsult in the }ia��ment nf in=urance premiums. li the. j,nIice er pnia�rs deposilr:i att� a�ch as hcune- .
<br /> r,unen nr n31 risk �mli<-i�5, and alir de7x+sit_ are iasutncii�nt t�� pay thr• .mtirv pr�•mium, t:^.c �7ort.�s�i>e mac �pply �he de {.w�cit . tii � � . �. �
<br /> � r,�}' t>mmiunzs on ris:ks repuir�+�l ca !>r insured 6y thi. mnn..a�e_ . �. � .
<br /> 1 a}�me�r,L mxoe o�' tnc .'�5ori.gn;nr unuer t1�r sb.�r<� par�•,:rapiic myy. zt ihr cpti�,n t�i e^e ;�inrtrn.cv�. f,= h.�3�1 i�p• it nru .. . � .
<br /> � - ecr.nminglea u�ith other :uch tvnds or itc oun funds ior ihr pa�zn�nt of �wch item=. snri u�itil �o apt�iirci. sueh psr�mrnts are hrrrb}� � � �
<br /> � ;ilfvig+•ci ns securi(p for the un=raid batsncr. nr thr m.nrt:aFe :ndeh;�jn•:ss. . . . .
<br /> . � � To pravm, dedi�•c-r :a and msininin ivr ihr Ix•nrEl et il��• �4nrt.aFce durir.e ihe 3ifr of t}�is monFaEe c+r.giasl �leri�; und � � � . ,
<br /> � . :rnr.cyis thereni. dcli�•ereri st 7esct tcn ds��s l�tore inr �:c�iration ,�f ar.y =uch pniiciex, in�i�rinF acainst fire nnd cther innarai�le . . � . -
<br /> hxzards, r35ualties, and rnntincrncic: as the \4artF3��-e �:ati' n�quire. in an 2mouni� rc�ua! fo the indi-bt�ciness �rcum;i br thi� � � . �
<br /> . � AYocifia�e; and in mmpani�� arceptable txi the Dir,rtrs,^er. �ritn ic., p2��ab:�• cinu�� in fa�mr oi and in form aczrptabir fo the \tort;v- � � � � � �
<br /> � � :� GeK:� Ia the erent xm� po7ic�• is naL mneu�cK3 0� or belure :en d:.��s oi its espirsdon, thr a3oca�aFi�e may 7>rcrurr innurann• nn the . � � � �
<br /> imptcrvemenfs. pey the prem9um thereior, nnd ;uch sum sh3?I !xr_�me 1mmr3iateir rus� and pa�•uh;e }cith intcr�t. ai the rate si�t � � � � � �� �
<br /> �a fartii ia said �nte until �aid xnd shali tx secvmd b�� thi; morf.caEa Fsiivre on ine part .�f tJvr \lortFx�or :n turni.h such renru�at= � . .�
<br /> ' -j � as are herein requimd or fxilum Lo 7�ap any =ums adranct� hereunnrr ,hs7L vt the op:ion uf tl�c �tortragcr, e�netitutr 3 �iefau2t . � � � . �
<br /> �; �� under f.he iernvs of 7hi: ninn�sge. 7'he de}icer�� o{ >uCh pnlideti s}iali, in thc r� eat r,t dofuul:. cvrntitute an as�iFnmrm �if tFe un- � � � . � �
<br /> � . C$TTIEV {)2't'IS3331fP � . . . . . . . .
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<br /> � � .4ny toms mrri�rd br the hlor�a�e�r i!\' :'f•fiKV] „f In:< er damsFe insure�i a�;xin.t mae !x ntainrd h�� ti:c 19cufFacm � � �
<br /> ` and appLit•d iow�anl the payment nf Shr dr-bt. }�rrri�y secun-�i. or. at ihe� cH>tion oi 1hr• 1lerig:3�re, s.�ch sums ��itner �. nnik ar in . - . � . . . .
<br /> pari mey !u: �eaid �n•er to the �Soti�agar to }x• u��1 fu mpair such huildir� or tu baiid nrw i�i�iidinF; ip tL•eir {;larn or inr an�� . � � � - �
<br /> other �u ar ob �rci vti:inMory to tnr 19nnFnciv� wi�hnui atT�t�ting the lien or. ibe mortcs�c ir,r � h.� tull amo: �� � i
<br /> t rV�`t' ) � nt a•run�;i h�•tc�. . . .
<br /> � by tx�fnre sor.ti pa��nenf ever vxik placa. � � . .
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<br /> To promplly mS�sir, rc�sture or rrhuild nnc bm!din�� r. r impm��a�nom� no,.� or ben;3fier an ihr prrsnSs�•s �rhich ms�� !x- � . - . .
<br /> come dsmsged or destro�-�d : io kreP +sid ;�mmisi�s in ;:m;i conditfon and n��pair and irre tm�i anq mrcnamc', iicn e,r uthrr lirn ar . . . � . � . �
<br /> c:a:�n n! lien not rs�m.c:h� suiwiziinatrd in the ticn h���rrnf: nut io suier or ph-rmit a»p unla���ivi u�e uf or :c,r nvi+nn�te To eiis� nn � � �
<br /> vid pro�wrty nor to �rmit �����te on �aid pmmise>. mir :o do an7 othrr act ���hereb�� ihr 7��mix•n}� hrrebv rmny��ed s'hall iucr,me . � . . . � �
<br /> !c�s valusble, nor t� diminish ur irnnsir its rylue b�- an>� aet nr omission to :�et : to �omnl}• �cith all n�Gaimm��nts oi law� with nxpert � � �
<br /> tn che mortceged pxYmi�ts and the usi� them>L . . . �
<br /> - Thai shuuld ihe 2>remi�aK or xn�• pan then,�f M� ;aken nr �iamsFec3 b�• rea:un oi an�� puhue impm��vr,oem or rnn�irn;:iat;un � � .
<br /> 7irun�tiin�, or undcr the ri�hf of eminnnt domain, or in any othcr m��n��r, th� 47ortcag:r .hall hr ,-ntitled t:� ;a(t rumFx�n.3tiuns. ' �
<br /> ' . aN�srds, and az:y oihet payment nr n•lir: themlcv. and shall tx• entnled. 2t itc opt.;an. to .nm.mrner. ap�nnr in and p.-�ecvte in iu . . .
<br /> r?uT name any �cLu:� or prnl�-ding, nr tn maAe sn}• compmmis.• or srft2rm -rnt in rnan�-ctinn ��-ith �ticn W'sin� nc �3sma�a A11 svch
<br /> rnm�x•atstiun. 5�cnrds, ciama;;�s. right n! ucficn anri PrucrtiYic arc hcrebv a�,igni•.^: in t"r,e .'.fort,;agee. ..�hu may, efter ccduttir.F . � .
<br /> them[mm xll its esprnc�•.<_ n:e:�se xny moneys x� nixi,cd 3�o it ur a}�pS>• the same nn an�� mdc^bt«inr_;s �r�urrci kx•mUy. Thc \iozl - - .
<br /> gnFac arrr� a. r:ernie such further a,.c��r.ments n7 aa�� cnmprr.s:uiion. au�nrd< dsin;a:cK, and riehte oi achor ar.<i pn�Kre•d, as thr
<br /> Nort�a�cr map rnquirc. . � . �
<br /> Thaf in ca.e of taii�re tn �Wr(orm anp o! thr n��rnanis her�-i^. i1�,e �9nn �a;.ee may �in on the \lortca;;nr'� ?x=baif rven�thin„ � � .
<br /> sn mvennnteci; fhnt ihe \lorLea�ae mny alsu do an>� act it ma>� drrm r.�rr.�s,�ry t<� nmtrrt t'r,e• lien thr-rmL• tlist thc \Sortra�nr +.�iil � .
<br /> zrpuy upon demand sn�• mune��s �iaiu o: di>burseYi hp � h� ?�7o:1Fs;:rr (cr xny of thr abm•e pur{.�n.-es, znd :urh monrys tn�ether r�itii �
<br /> � � iniemt� Ihen+in ai tbe ratr provided in vvd nnte .=.haii lxrume �n much udditional S»tieh:oclne_.; her,•L..� .�.-rurnl and msc tr in-
<br /> cluded in xny dicm. Inreeiming this mortca«z and ix pzid wi n; the r.-�r,ts or prekreds ot sal�� of wi�i pzem��r. �( nut oti�encise
<br /> ;a3id: thai ii sha!i no4 be .7hli�ator,.• uimn 2he ?�innisgee to inquin• ir.to tne ��alidit�� of any iioa an:•umLrance�, or cl�im in ad- �
<br /> - � rananF mr.ne}w as al�ve authuriziri, bnt nnthing nettrin c�miained sha11 ta� onns:n�eci ac nquirin;; :hc Dfo:fcacer- tn ad�:3nec• am� . �
<br /> moneys f<>r any. such �ruriwse nor 1� do xn�� acc herrcr.der; and that. \1or�gaF�• shail not �rcir an�� �xr.wmal liehiiit�- !x•cvusc oi sm�- �
<br /> lhing it. mn�• dn or nmit :� do hernnnder. � . .
<br /> � ;n !he rxrni i�f Lh�� defsuli h�• \1ortFaFor in the }uyment af nn�� 3n>taiimci:t., as mGaired by the Xo;r �e.umi hemt��•. nr � -
<br /> in ihe periormancr Uf the r.hliFavnn in this moriFa�e or in t'�r note k�cure+9 therrhr, the �lortgacer shali l+e rntitler3 io drdare :he � �
<br /> �� drbt secumd hemb�� due and ps�able uitlmut. notice, anr3 the Atort�aRee shail. be rnUderi n; i's option, without notire. ��ilh�•r hy it�=rdf ""*� P,� � '�,� �
<br /> �r by a mcriirr to be appainted� b� the rnvrt themni, anri urthuat n�kard to thr ad�quac�• oi am• c.�c:urity fuz 1bc indehtc-dnr;. sr- '. N $,.•, �. � �
<br /> ; czimi hernbp, ;o rnter apun and take. {�vscioa uf . the morlRaFed pmmise<, and to coAcri nnd rtv.�ri�r t�r rrnts, �c�ues nni �rofit. � �
<br /> � themai;� asx3 apply Lhe :amr, less eacis cd u;mrntion and n�il�rfion. uruz t.iie indrbtednr.c ��run�i h� tnu m�.-,rt�a�c, v�id n�-r.tc, �
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<br /> icsurc and 7�mfits 2winc hemhy ac>ienrti tn thr ?.Sorl�nccr ss fari'�er vruritv fnr thp paymr-nl r,{ alt indrl�tcd:�rs� c�.n�rvv3 hemby. . �
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<br /> � 7'he '�lork�ager. sheil he�•c ihe �nvcr fo a�ipoini' an�• aficnt ot ace nts it ma�- ���in• !or thr ��u [7xc<• ��i rrpairinF <vri �o:<�rt:- � ,
<br /> ikc;� mnLax 4he same; enllttYiag the � mnt�, m�•t-rv� and ixmomr, a�rl it ma�• 7r.��� uvt nt wi�9 ina�rne a31 �>�mn<�w incurmi in m�t- ' ,� ��
<br /> inC and msnagirµ ihe sarne am.3 of a�tltrting the rnntals therrtmm. 'I�:e hainace mtnain�np �1 sn>�, �hsll tH• n��phMi imrard thv ' . -
<br /> :fischnrgr of Lhr rnart�e i»defiler?necc. This as=i�nmenl is iai ;en.^.inatr snd }rrnme m�ll �nd ��,dd uz.�.n rrL�a-`• nf �hi� mnftr.aw•
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