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<br /> All paymeulm m�de w�der the pxnvinim�s uf thin murlR��R< <�r ll�e nuli� I�vn•by xrcureJ, which mny b�• cunxlrui�d uw inluroxl.
<br /> �, ehnll n<d, in lhn ngRreNnte mer the lenn Ihen�c�f, rxceed tha nd�� qmi nuiy mnv b�• Iu�vfullY �•����� rucled (ur in wrilin�:.
<br /> IL ie further aqreed U�ul in cuea nnY Huit ie tMgw� lo furecloHe (his mu�lgnge. lhu �1orlR��kteu, ily rrprrneulnlives ur nssigna, � . � .
<br /> �� tlI1ftII � U� unce be eutiUrd to the poase�u!ion oI xnicl pmwieee, nnd upmi uppliculinu lhere(�rq ihe cuurl m wl�ioh xuch ��clim� nhnil
<br /> � 1� brought vr any ludg�+ u[ nucl� court, uilhcr iu lerm fime �ir vn�tnlion, in I�urebY uulhprixed li� n�ipoinl n re��eiver to tnke pr�siw� � .
<br /> aiun u[ euid preminee, nr lo collecl the runls therefrum, nnd lo do m�d perfunn xudi olLer ucls tis mu>' be n��uircd by Ihv nrder
<br /> u! the rnurt mnkin6 the uppuintment; wid enid �iurtgngor hi�rolry wnives nny nolke of auch �applicalinn. nnd conaenl�r lo Ih�� up•
<br /> ` �� pointment ot u mceivrr upon the praluction o[ il�ia martKA6'e. wilLnut olher evideni�o. � .
<br /> It ia axprexslY agreed nnJ undr.mta�d thnl lhe Morl6neor ;�huil proceeci willi lhe conxtructinn uf n buildin,r, on xnid Premiaca
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<br /> with all rcaannoble dinpnlch, und due diligunce und sl�nil pny tor uuy nnd ull extnw or nuKiifirnliona Ihnt hr mny mnke iu sniJ
<br /> buildinq, direct to ihe Mortgup,cu to be disUurei�l, togetl�er with thu money lonnisl ��r ndvnnec<I by �:uid Morlgngee in conuccliun
<br /> wiQ� thie Icmn. And it ie furiher up,recvl imd undernlaxl Lh�d i( the con:riruclion of ntiid 6idldinY. bi•, ul uny lime, dinconfinued . . . .
<br /> or not curried on with reuaumtblc diepulch in lhe J��dgment uf 16c Alurtgngce. the rlortgngee nr uny hulder u( llu+ xnicl note nnd �. . .
<br /> Mottg¢�� mnY P�In'j��e mwterialx nnd employ workm.n to prulect n�iid builJing, xo Ihnl thu anmr xhull nol nufFer ft•.m� d�+predF�• . � ..
<br /> Gun ur U�c wcuthcr, or tu complcle xuid buildiug. ru Ihnt it mnY h�� uHod for the p�!ry•,re�w for ��•hich il, in diWiy,ned, under �6e nnid . .
<br /> pinns and s�ittilicutiuns: tlu�t all ll�e sume xtr pnid. ur expended, shnll be d��rmed tu lx ndviu�cex lu �lu� Rturt�ngor, nnd �utiw'ed .
<br /> by the naid note und morlgnge und nu�y be uppli�Kl. a�t 4he option uf the waid Morlgngrc, or mrv huldrr uf xaid nu1�� +�ml mort�;n�;o . .
<br /> to nny udeuncee themn(ler IN•coming due. 13ut in no event xhnll lho Murlgry:ee be linbli� in any ���uy lo cumPlrir �nid building or . . .
<br /> �o pny for the conls of �ronelruclion IxYonJ lhe ndvnncen o( lhe mnounls drpoYil�vl fur Fai<I purpu.vr:: ur luru�rd 6y lhe MurlunN�•�, . i .
<br /> - (o[ the cuneLruNion of thia building. And it ix furth�. r expresYl>' ngmed and und�r6wd lhnl it ihr �Iorl�e�Kor xhull fnil ln cumplele . .
<br /> xaid 6uildinK in uccurclunee with lhe iuer�K�menLv. blue Printv nnd Y�A47GCi1�10114 lili�d in cunn��c'lion wilh thiy Iw�n ur xhnll neKlecl., � .
<br /> (ai( nr rofune ln pey for t6e c�rola imd expenni�s in cunneclion iherrwilh, ur ahall (ail in nny olhe•r uf q�r cnvennnln humin eel forth, . . � , .
<br /> then, at the option o( ihr hturlRugee or df Ihe holder ot Ihc nuto mul mnrls:a�;u hcrcin rrG�rte�: iu, the Atnrlu�igr�� muX dnclnrr <aid ,
<br /> loun to im in dett�ull nnd thu enliro umounl lo+med ahnll immedi.i�ely bi�vime dur iwd puvnLl�� :+nd Uic pruperlY h��nrin n•(crred lo � . .
<br /> � � �.shnll txr urc�vil.y for all. of lhi� advancrs xnd rxpi�nxiw incurtcd nnd mndi� by Iho �turt�;nC�'�' in iy�nnrelinr� witf� Ihis pruviyinn. �, �
<br /> � � Withuut limitiiy: the gm�erulilY �d Ihr furepoing. the D4orfi:ngiY� wh�+ll hnre Ihr righl lo d��clure Ihnl drfnull has IHnai mrtde . .
<br /> . �N�d tl�e antim indeUlednes.y hemunder to tx� due nnd p[ry�ible al oncr upun Ihc hupp��nin�; o( imc onr u[ Ihr followin�: cundilionv: � � .
<br /> � (n) The liling of nny lim� «�+�inxl ihe praperly. whrlhcrr clnimrd t�� 6r prinr in thc tirvl murtr.a:e nr vuhjrcl lhorefo: .. .
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<br /> .. (hl 7'ho mdry ot nny judgmenl u�;uinst Ihc M1torqmgor: � . .
<br /> (c) 1'hc f�iilurc tu comply striclly wilh xnniny, n•gulnliana, Ihr proviaiona nf thi• cily buildin�: nulr, in� if nup xlnp ordrr � �
<br /> ..- .Ifl 13RUOfI Il}' PIIIIIII' uulhnritics: � .
<br /> (d ) Any mixxlnlemenL in thr lau� nppliculion; � � � �
<br /> (e) Any mntcriul chimtia in lhr pinn� �md aprrifiruliunn nnl firnl. ripprnvcd in �rrilin�; by Um Atnrtgni;r��: � � � .
<br /> � ( f) If work lx deluyi�d or xuspended fur u p��riwl u( Ihirly ( :i01 dnyv wilhnut rnusr wdivfi�rl�rry 1�� Ih�� 11nriGm:���•, nr � �
<br /> xhuuld lhe Mnrlgxgor (oil to cnuee wnrk tu b�� pn.,w�uted vir:urnuyly . �
<br /> If the Murlgiigre di�clures Lhv lonn to Le in di�(null under wry Prurikions o( tl�irl pm�'ivi��n. Ilir D'IurlK�4l�•�! s1uJ1 bi• undrr : � . .. . ..
<br /> no nbli�ntion Lu udvmuc w�Y (��rth��r money�s huroiu�drr ��ilhrr tor ��nymru( n( wnrk prrfurmrd nnd nudrrinls nlnvidy hvni.hrd. or �� . . . . �. .
<br /> �� l}���a� tn Ix fumished lali�r by Uie Murlgn�a�r.
<br /> . It ie undcrnloal iuid n�;nYnl �hiil lhc D1url�u�Ror �rill uvi• nll ��dvnnciw mndr undrr Ihi.v mortGng�� In i�mcl n Luil�IhiG on
<br /> r� � � . wiid pmmiww iu �uYmdnna+ wilh lhr pinnv. np��ciGc�diunv imd gi�n��rui ngrr�•nu�nis lilrvl in runni���linn lh�•n•wiU�. und hrrcln(��rr � .
<br /> f;' � npprcrviKt by ihr Mortgngir. �
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<br /> .. It is undcrntaKl nnd n�;tted lhul �dl m+d��riidv dJiw•raJ upuu xnid prrmi��•n (nr Ih�� purp��.�� u( brinl: incnrpnridrd in fhn . . . .
<br /> � buildin� xhnll Irr cmwiden•d n pnrt u! the builJini:. � . . -
<br /> d' �� Murtgn�;tr nRrcrs lo mnke ndvm�crs wider fliis lonn far Ih�• rumdn�Clinn o( c�iid Imildm�t (rnin linu• lo limr us �n;mod . � .
<br /> � tmlwi.rn iho pi�rtics hrrclo. �
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<br /> �' AND 11' IS I''.XPHI:SSLY AGNb:l3ll ANll IINllI?Rti7't)(lU U�nl �::iid :idvuncr�s �hnll IH� pnid unl �� wh�•n in Ih�� IudRment
<br /> � - of thr p1urtgae;ee nil wnrk uswdly done ul lhe stuge n[ conslrucliuu wben Iliu mlv:mci� i�: uuiJo puy;dd�, simll hm�r In�en Jnnr in a
<br /> q . � goal mid workmimlike nunwer, nnd �dl uudorinln uud lizlurrx usmdlp furnivh�rl ;md iusfull��d ul Uud limr �hidl Lirvr L�v•n tar .
<br /> . nix64vl und insGdled: Iml Ihe Alorigu�;ec mny ndvanre parla, ur i6o whnle, o( imy inwliil6nonls brfor�� lh��Y I�rrv �m�• dur. if Ih�� MurL
<br /> . . gng�ti wfmll tx�li�w�c il ndvix:Jd�• to du �;u. nnd �dl :auch ndvuncc� nr puymanls xh�dl br dr�•mrd lo huc�• Inrn nwdr h� pursw�na> u(
<br /> p . . . this u�reement, nolhing, I�uwevor. in l6ie ❑�;rcemrnl sl�nll I�• ria�.lnird av n d�derminn� ion �d thr yunlily ��f Ih�� wnrk. Inbur
<br /> . : ur nmtcrinlK farnirhirl h�� (he 1�larli:N:��r ar cnnln�clnr ;md lh�• \1mi �::y:r�• FLnll L,• und�•r ua Jnly ��r nblii::di�m 1�� m+�k��
<br /> � .uch J�derniintd.iun.
<br /> 'f'hi� A1nrtRugco nhnll hi� wubrupulyd lu nll u[ Ihr ril:hlx. privilcRcn. Vriurilicn, un�l cquilien uf +wy licn6uldrr whus�• liru mny
<br /> ; huvr Lo�•n dinclwrgrd frurn llio pra•i•eJv uf lbiw I��nn. ur Lv ��ny (unds brrrbp pni�l nr hvuixh�vl by 16�� 6lnrlg�umo.
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<br /> . . iT IS liYPRF.S81,Y A(iRl'sL;D thnL i ( lhv A1ort�;ni:��r nh:dl evll. ro�nmy ur nlion�dc �nid Pruperly, or :my pnrl lhcrcof.
<br /> or nny interest lhercin, Of NI111II IN• (I�VPRI�YI of hiv lil�c or nnY iiderrvl Uirnrin in imy umnn!,r nr wny, wLellmr vuluntririlY ur
<br /> . involuntarily. without wrilii�n consenl af thr Rturti:ngcvr bcinit tirvt Imd nud u6Giinrd. Aturh;ngci� NhaJl h;nr thn rii:ht, id i1H upliou,
<br /> � to decluro ttnY indrbti¢Dicny or obli�;�dinne xecured hon•by. irrr:+perlivo of lhe uwlurilp dnte aprcilh•d in nny nolo ��vidoncinY. lhc
<br /> � sumF immedi¢tely <luc i�nd pny��ble wilhuul notia•. nml �uiid d��bt x6iill tlicrrulwn U�•annv ubaulutc. It Ihc o�vnrr�s6ip of lh�, trrorl-
<br /> . � gaqed prol�rtY �•�'�ntex vextecl in n prrvun vlher i6nn lhr btnrt �pigur, lhr A1orlrPqp'�` m:�y, wi�ltoUl tloliro lu lh�• �1urtlt+�Cur. denl
<br /> � with euch euc�cesaor or succesvore in inlere�l wilh referoutt� to thin Morfgug�� nnd Uie drbt herrlrv e�rrurrd fi� wilh fhe hinrt�;nRar,
<br /> � nnd mnY forUcnr to xue or m+iy ��xlarnd Limc !nr Ihc ptiymvnl u( th�� drbl Lcrrby er�•iurd will�nut dinrh:iri;in�; or in nny w+iy +iRcclina
<br /> thc+ IinUililY o( the uriginnl D1orf�;iq,nr herrunder nr ulnm the drbt e�rnrcd. �
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<br /> In U�ix If1N�f11OICIII lhc niiiCulnr includi� the Plurnl und ihm m�sculinu incluJrx Ihr trmininc und Ih�• n�•ul�•r mid Ihi• in-
<br /> . r:lrument rimli Iw• binding uP���� lhe und�rxiGnod . hiv lu•irn. prr.�unal reprva:rnbriiw•n, hurer�vnrx nud n+viun�. � { ' .
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