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:. � - <br /> , t; <br /> � . ._ . . _ , � . , , . , . , � <br /> t �,: �.� <br /> - � 7T.. � G �. � 21 ��k °'�� � ` <br /> ' �; ' Ttte Mort�a�8c may Cotlect s "late civarg�" not to- ex�:eer1....I'ive C�ents (bc). � tc.x e�cla�: dnilar�� ($1 .00) of � e��ch Rata.l �monthly .� � . <br /> ,. ' . z Pn:��nt mrare than 1.5 �ays isr� arrears ,t�a cover �tlie cxtra �. exF��nH<;� Involveri.�in ��Fittn�iling �te±7inqucnt �accauntx. � � .� � � � � , 1 � <br /> :i ', <br /> � yi . Alt - p,yyrnrnth ma�le �anJrr thr ��rnvirf�aas �' <ef this murtK�F;*' ��r ilre� nott* he•reby�scv'ured, vrhich � znay tx conyLrurd ar ��.int<•revt � . . <br /> �.hn.0 nnf. ir� fhr s�K�e�eake' ov,efi -thr term� therenC; excea�d the rate tl�.�t may��now fiR+ lawfvilp risntractea! Ft?r in writinR, � �_. �: ` �' <br /> , � r r � <br /> i <br /> 3 It is Furthes m re�ct itiat ,in case un suie: is F�e un to Curecloxr this m��rt •a � c the Alurtga�;cr, sG� repre+ent.3tives �r aasi�ns, <br /> x x s �. r� �, ' <br /> � �' " ` . a�hsill �atrnnce �h� ��xrkitle�t �tAx � �he� �n>:s:�vn.stop' �if .sa�id Gxremis��r: »nF.l .upar� a�iT�licatiorE - th¢refor, thi� court in which sueh acrion ahall � �", r, `� ` „ ��� <br /> },� . , .; . � lae� lrrou�,,ht <ir• ufiy. jual�o oF nuch� G��urC. ei2her in #crm time or vacatian, is hereUy authorized to � aK�C�int�� �at rc�ceivet to take .Haa�•s- r „ �� , %� <br /> �`�� 4io�x pf. said �>�ir�mises,�;;or � t� colleci t}i� �rent_5 theretrnm, iasr:l to dc� ancC �SQrfnrm such �qther acts` us aaaY �bu rec�wred 'by the +�rder ' � ; <br /> t�r�"r� " cr( <tl�� :cnurt�.'� mnkin Rhe a � u�intm�nt; and s�i<) M�rtga or�� hemby .waSves� an notic�� :nF �uch� a i �IicaY�inn: antl xnnsettt� to;.Sh� t+ r- �; ` s,; .: <br /> ,r � F ' S i . LS Y I 3 1 <br /> a ��'� � 7aainrtmPUL �i� a, receiwer u�wn .Yhe i?seducfinn o! ihFm m�rkK'.3Re, w•i1 hqut �+th�r ��vidence,r � "� � � `, r:: <br /> , <br /> . ; <br /> � �� . ; `. �. ' , t ' ���. � c � �' .�. . � .. s �. <br /> '� ,;� � IL i» exprhesiy rcgreed anc3 unde.xstoorl thst tk�.ia 3+-Sart�agor Khall ��}�rnceec! with thr cons,truction of a buitdin�; nn saicl premises � � '� + ��� <br /> ,�3 �vj.th atI reasona6le Klispatch, a�id due diiigenee and shal! pay #or anv and .all rxtra» . or mculificntivns thpt he m�y rnakte in sairT . ` <br /> � huilcling, d.ireet to the Mort�agee io br, cl,isbussed, toKetiier wit�a khe m�ney� Innnecl or advanced by hei�3� .14crrt�;a�cw in rnnnretion <br /> 7,,,� wi�t this laff}n. And ik is Curther agrne�3 and undemt�rad �.that if lhe cunsttuctian nf�:said �k�uiddmg be, ���t any .t�in�u. dise�intinuc+d . i �� �' ` ,, %'. <br /> i ,� or nat cttrri�d oti with� rea.�ar.ealile dispat¢h in the � �.,juclgmenC of the iV}ohgagee: the Mnrtgr�gee �Qr nny h�+tr2er nf � khe said note anrl . <br /> �r4 , Mait�age xm.ay purchase matrrials and .:amploy workmezx - to �irotect _,ai�i building, :;q thHt ! he :vame sI-inlI �. nat tiufTer fmm depreda- <br /> . - Cion ur the wf>ather, oX ��a camplete suid �buildin�,r,� .su fhat� it may he ii:sed for t:he Faurpcic;es far ..wlijch it la ��draigned,���. uncier the said , � ��� <br /> Nt';� (�lana �and spetifxcaticins: that` �- all the . s�xms so . pait}, �.or �ex{iended,� shall he� iiatemed ti�� be a�h�aru�c�s fn thi: ��art�a,gnr, ttnd���secttre�i <br /> �` ��f bY �'the sairl �. noke ant3 �.mort�a�N�.and .mav� be ap�alied. ac �th�s opti�n�:of tha raid. A4<�rt..�;agee. ur�� any t�ofrlet:. oF saici �n<}te an�l.- znort�a�e � i . , ' ' <br /> ,� �'� tu anp adxs�naae fhe'rvuf#er Uecc'rming. due: Quf in���: nq ev�ant.��siiati the ivfartgagee ' be �. 3iatrle: in an,y �.wap .tn c��ms�lete srsid � bvilcling ar <br /> ��: r tci yay fnr �^Ehe ensts i>f constn�cti�n tseyonct the . zulv:anees �� �if Yh� iun�unts ��deposit��?cl. for sairi .�purposr�s or. loanE�i by thr ATptl.ga�;ee <br /> �ia t <br /> � :. f�r��� the eonstniction of�� this }:ui:ieling. . Anci. it � is faarEE�r:r �:xpressly . agreed and understo.�d thFat if .tha h4orfFagar shalt ���fail 40 �com�lete , �� r�- <br /> "';� sxaid butli3in,�� in acctiriLattce x�ith thc �:agrecments,. biue � �#�ritit,� and spnci&catiiins filcd �in �cr>txne<;tion with :thSs loan� -ear shall��neglect, '', � ' <br /> ,� . . . . �� ,. <br /> fail ��'or refus� to pa,y ftir the evstx aiid eapenses� in cti�nnc�ction th�•r.�;w�ith, or shalt fai! in ..an,y° other of the cover�a.nt5�. herk�in set . farth, e <br /> � g t}ten, ut the nption af �.tho M��rt�agrp or.�� af th�� �holder � of ttie n��te- an<i martgage h:>r.+in rc•fc•rmd tc>, the M�ort�nFee 'may declaresxid ;. � v <br /> ?� loxn to 6e in� dr. tsiatt�..und the entire am�c�nt loaned s12nU �� imxnediat�l E�econre � due atid ia ak�lur anrl the �rn �ert . herein refe�rrod to � ` � <br /> t' S . . y .. I" Y' f . : 1 Y . . : <br /> .1 � shail be sr.curity dor all ut k�he �advaace� :and� �expenses incotred� �and madeby thE� I�1ost�agce � in cNyr�nec[i�on. wiCh Yhis � provisi�n. � . �' � <br /> rr �"j . . .�. : � . . �. .. - . ' . . . . . . . . . . . : . � ^ r ,: <br /> , <br /> � "�$ Withont limiting thc generatity .�bf the : fore�oinrt, - Lhe MortKag<� shall � ha� e tha riKht� to � dec;arf^ that drfaul.t }ias kae�an rnade ��� � � <br /> �r � $ and�� the entir.e indehted�ness hereunder to � kx� due .and payabic FiL �osce � iipon � the h�a�,pe.ning �>f any nne �nf� fh� followin� coai<iitions: �` . � ��. <br /> 4� : F� � � �� � . ' ��. . � � . � � . . �. � � . . , <br /> + �a {a} ,-The filin����( any tien s�gainst. thr ryropt�t4y, wheLh�r claimed tb be pri�-�r� in� the first. tnnrt{;'age : �r subji�ct kh�roEot��. ' � ` � <br /> ,� .,� . . . . . .. . � . . . . . . � . �. � � ; <br /> `. r� . ib) . ��1`kita. e'ntrY.. ot any:ludgment. aguinst �Ehc �ivlori„agor. � . � . . � . . . . . � . . . . �- . . . � ..�; <br /> , , € �. -�. . . � . . : : . . . . . . . . ... i - <br /> �1 � {ca � �.'I�he faili�rn to com4�l}� sttictly with zqning re€ulationz;, the r.7rovic�ons .ot ths�� city }�iutclin� ��cx1r, or� if any stop�� order . �, <br /> } <br /> �m ` : is issued by � vublic authnrities;� . � � .. . .. � . : . . . . . . . � . � . ..; ,:.:� , . �'.,: <br />�ra .'t . . . . � . .� .. , . . . . . . . . . . . . � . . � . � . . <br /> �� tci) ' AnY missiiatemenc :in xi�e Iqan :���piication: �. . . . � . . . � . . � . i . '��: <br /> � <br /> ' � � (e ) Any materiul chan�e in the �rla�vs nnd spec'tfieations not firsY. apt�x��'�-d � in wciting . l�>y the h1�rtKAge�; . : <br /> TM <br /> ;, ,� �. � (f) .. � If work lm delaycad �r suspended foe a yeri<xi� o[ � Lhirt�� � ( 30) rtF�yS witkimat oau�e �sa�tisfacir:ry ��to the . Mork�;agee. or �.... <br /> tihnuld the �4Sort�agoi , fniil � ta � r_auu:��. �voxk tc� � be� pr��;ecuted vigoroaasly. : <br /> ' �� � . . � � � : . : . � . . � . <br /> '� , y� �.� � If t2�t� Mort�;agee �3ecIares the� ��J�an io t� � in. detault unc7er a�ny j�roririons . o£� this provision, the. Aqort[;agee.� sliall bc ��tander � . <br /> r , `� n� o}sligatic�n ..l.0 advan4e any fvrther moneys herevnder either for pay-nteni uf � work � performcrd- and matcriula already fi; rnishe�i, �r � ` <br /> th�ise to bc: fnrnished Iater by the Mc>rtgay;ur:. . � . <br /> ; , ' 1t is understvod xnd �agreed that tixe blu�rtgagor wiit us+� xll ad��anees � ms�.de un<ler thi�; � mort.�;a�;e to c�rec�t a hui�IdinR on �• <br /> �,,�f,� ya.id :prenxiser+�.:,i�s accnniairce �vi.th t.he. p{ans.. specifications. and �;enesral agrc�emrnt�;. filrNl� � in� � r<>nnecti��n . therr,with.� �..xnci . heretofore ., . '� <br /> `s.Q �� approved �:by. �khr. M:�rtgagee�:. �. � � � . . . . . <br /> �{ � .. . . � . . . � . . � . �. . <br /> � . . . , . . . . . . <br /> as �� It is �� undNrstotx! and �� agreed � that a(l . matsrials � de]ivrrred . upon �id � UrYmisE��s� for t.Fie � purEwse of be�iny; inccrrESnrat�c3 �.in the � <br /> ?§,..;�' huildinS Shall �:}'e canxiderod a part n( the buildin�;: . � � � �.�t <br /> y .� � .. . . . . .. . . . . . . . : . . <br /> zfr .-;�s � � � � � � � � � . <br /> r K Martgagee a�gr�es to�� �make� advancer� � undrr this � Ioan for ihe construction a( st�id. building�. from. time t�i tient� �sas rigreed Y� , � <br /> ,.`i� iiei.ween iise�.7�rcies i�erem. ... �. . . � . . � � . . . � � . �. � . . . <br /> �a <br /> S Pf. <br /> � � . ' . � �� ' . � � . . . . . <br /> , � AND iT IS E�PRESSLY AC:RF.ED A ?V D [)NZ)ERSTOUD tl�at said aclv�nc�es shult tac prfid <�ul� whrn in ihe� j�d„meat <br /> `' �"% � t�f�� the Mort�gee all � v.�ork. uwuAlly dorae� ��t the �t.a�e of conatructinn when . the s�dvance i> naAde payahl� whatf � have tu:en done in a �'' ' � ' � <br /> ,� : ;,otxi:� and w�ekmaniike :manner; �� und alt.. maierials � and fixtures� usually� �. furnishcrl anri insta:tlei! at thaf. time �tiall fiave� }x�n fu: - � . <br /> , ,. nished an�i� , irsstalled:��-but the. NEortgagee .n�ay .advance� 3�arLs, or the whole. oi xny innt�llment.* 6elure. they� liviomi> du�, � if the Mc��t- <br /> " . . � t;a,gee shall- taelieve �itadvj�able. io'�do�. so. an:i alI �such � udvances�. or payrner�xs �shall bc: dc+a�mec{ � t�a � have � tai�en made.. in {3ursuancr.. oF � .. <br /> t.Ftis'. .aRreement, . nothing, howec=er�_� dn this agreement sha11 -. t�z . tursstriiad � b:; a <IeterroinHtion. c>f � the �. r�uality � eif . thr war�:,. �$abar � <br /> Y - or matrciula �.. .(urnishcr�l.. by the . � Mortga.,^,or � :or comtractrir anr3 th�- . . '��Sorxxagrc. vhali � }x�. un:i�.�r n�� �flsty ur �,tdi�;atiux� c.� niaku � � <br /> ` i : <br /> � ruc•h �� deEermenaGion. . � . � � . . . . . . �. <br /> i F <br /> � » 1'Fre :MortgagFu ahull i+e� sulirn�ale�l t<a a].I�� crf the ri�;:hts, i� rivileKcs. r:+riiir�ties. un� l � quitiira uF any :IienhvlclFr whu�e lse:n tttev�� . � <br /> � li�v���- beru dischargeei �Fxr+m the ��t�raceecls. nf thi� l�an. r�r liy an ,y �funti�: here.6v {>ai�i � iir furni�heci hy tlx> hlnrt�a�ee. � <br /> � g L'P iS EXPRES3E.Y fi(xRSEF) ihat if the A1ort�agor shalt st�ll, co�svey .7r nlie+nute said property, ar any nurt thereof; � <br /> � +; or- any interest therein, ,or sh,ell lie divestfad of his 'title or t3ny interes± therein in ari,x manner or way,; sahether ��o]untz�ril,y er " <br /> t <br /> 4 ittvolxwlstrilp, ;withorat ���wriCten c�n,sent of: the A'I.ort�agee �t��:ing first .had� and �:obtaineci,. Mortg�ge�,�ay»Il hsve the � right, _at its� optian. � � � � '� � . ' <br />�, ; 4A +tfeciaTs� an3z indeutetine.ss ur- �vtrligaUanr secUrr.rl � ��herrhy, �irn�sper.ti�e oC tire�� maturity� d�it� spx:o'rfird xo nny noke �avi�iEncinK t}ie � � �. <br /> > � aame; imm�dizAt.ety du� �.and �a3:flhle wik�nut notice�, uncl: said dc�tat. s62i3 thezeupon �+c�^ome aIrso}vtc. 1f �hc+ .o�anetsh'ep of t13e� �mort,. � : <br /> , ��.a S�i^c� �....t..:..,} 3-i�.�.......G ...s:-:: � IR 3 i:az'st�n uihai a^,h3t1 .2:;.: `.:c,:iR�v.. Ca�.. T.f�,� {�, ,g�rc, .iuuti . wit`u9�tt µuEp� 'w 1lar . �furtY;,:x�,ue,. �la.ii <br />��' �' h•ith����aurh §ucceseor or auccex�ors in interest with: ��reference �to this mortga„re�. a�xd t}se �deL+t herefr,y se��ured :as with thc h4a.}rtga;,�r, � � <br /> H�� ' and may fnrbear to z;ue.: oc may - extend time tor the payraent o4 the:debt h�rrby aecured �.vithouC�dis�•Iw;r�;inK ar in anv N�r�y�� caRexting� �� . <br /> �^' � the . liability of the ari�inal hloc'E�afi�r hercund�•r ar� upqn the d��bt sei•.iar�d. � <br /> rd . . .. . . , . . . <br />���` ,a . <br /> � . . . � ; . . . . . . . � . �° °" �� �"•,�a.;� .. <br />�+�,. �, '. in thi� fns#�ument ttxe �.�siezKutar .incluc#es ° ihe Ulural and the masculine includcs f.he (en�imnFa . an�l � tiin nrut��r an:i ��tfF�� in ��. .. � <br /> y. .1ir:rrnrnk. ,�ctaeii dre bkn�iing v�wrr thr un�ierxi�ar�i. his hx'rrw. T>erxonal rexsrrsentatives. u.��cwvsnrr. ��x! 3 .,gns. , � ' " ° <br /> tx *�f <br /> �' ' IN 175YITN�S`S:WH'FREU.F. we haur� hare�a.tnt�r vet uur han<Is :�and :�el:� t �e <1Hy..�z�nct �sir fire±t alwi�.� .a�r�t4c,n. .. . . fi':.° .. a�d- K' ' <br /> `�d� � � �A <br /> `�� �r� ? � f � 4s <br /> '""� �I3, L}1C' YP�6i�.:T1CRt3�: . /"� �! � �. �� .. . <br /> ,�f � . /�"�f �, <br />��'k � ., f' {'`� "f' - � � 4.� t�f r'� ;i s:. � . :' <br /> , �s, <br /> Aka1;ry . . �J. l..`� ...._ .. . .. . . l���r' L<. _ _ < �� , �' �„r <br /> _ ___ <br /> . ,, , , .. <br />���: Mark A3an Dauglas . ,'� "'�,�,. <br />�, .n <br /> y�� s . . _ , .., �''s ri� ,�, > <br />,�* � . �. .. .. , . . r �.-Cl�a:�. . �. C� . .. . . . .<'L.%' .r'UE'� �+C'�Ji,/. . � � , <br /> E � <br /> .�� .., <br /> �, J��� Kay Douglas ,�� � � ,/� � <br /> fa <br /> �1� � . � <br />