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<br /> 7b- � 0 ;? 523
<br /> i� ` .qll paymenia maAe under tiie pro��iaionx o( thie mort�nge ur the netr he.n•hy eecurod, .cfiich mn�� l,�� m�sstnxvf as imemrt,
<br /> shall not, in the aFgmqatc � over the term thermf, rsmed ihc r��fe ibnt mnp nou� bc+ lawtuliV a�mtracted fnr in �5�rtine. �
<br /> It ix furiher aFrcrcl that in rase am• siit is beKun to for�rlose Ihis mort};a�e, thn '�1c�rtgaKee, its reprr;sen(ati��e� nr axsigns, � �
<br /> ahall at once be entitled ro the �sxcasion of u+id � pmmiexe. anA apon :tpplication therefor, the ernvt in which sach aMion »AaU � � .
<br /> be brw�ght or any judge uf auch court. either in term fime or vacation. is herehy authnrizad to flp{�ini a r�reivrtr t�� inke p��ses-
<br /> simi of ssid firemisea, or to cullect the rer.ts tl�erefmm, and to do an3 }rrform S1uh other ncts ns map bn rcquired hy the ottier � � � - �
<br /> nf the murt maLing ihe appointment; and said :�7attF�Fot herrby waivtw any nntice n( snch applicatinn, and rnn�rnis to thi• ap• . . .
<br /> pointmenf o( n reeeiver upon thr prociuction ot thi� mnitFaFp� w'ithout nfh�r r��den�r. � � . � ��
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<br /> Tt is exptessly agrvt� and tlAf3l:I'F.fJtICI lltAt 1.}IC M(5tiga�or xhnll �+tvx�mi rsifh 1h� mnxtt�sclion of a hiiitdinc on caid Pt��mi:,�s � �
<br /> ;;;-•; with all �rnasonablc dis}wich, and due diligenoe and shatl }rap for any and all �atras or moclifications thei h� map make in r,ai�i � � �
<br /> buildit�, dimM to the MoN�a�n. to M dicbarsr�l. t���eiher w�th itic mon�y la�neci or a�i�mnmi h�� ,aid ?�Snrt�a�cw in a�nnrctinn . . � �
<br /> with this loan. And it is fitNhor sFmcfi and �indcrst�.i thnt if �hi� constnutinn oi said huiiriir.c M.. sf am� t�m��. �tismntinunt �
<br /> or not csrried on x�th masonnbte dispatch in the j�dgsnen! of the !�'Iori�aF�r.. thr \i�••rtgagrr or am' i:nlder oi thr• wSd n<ite and . - . �
<br /> A9nr[gfi5e mny pnrchase materials end empioy wnrkmen to proicct vaid baildinG. �.i that � t��� rxme .ha3l noc .uRer imm de��n,ia- � � � � �
<br /> t;on or the a�onthez. or tn n�mplete said }niiiAing, � that it n;n>� br v�ed fnr tF� pi�rpn�cn fcr ���hich it. is d�•siFnai. i�n�c�: thc �aid . � � � � �
<br /> , �:� p?ans snd . sperificstions: thnt atl the sums Fo Psid. or cz�?endr�l. cha71 M� �ierm�ri i:� h+ a�ivan�-�c t�i ihr \7�iriy�nF��r. .-.nd smire�i . . . . -
<br /> 6y the cnid note anc! mortgxF� Rnd ^+1Y t++` �1>piied. �t. the opl�on n( ihr u�ir. \7ort�.a�;��e. nr nny hold:�r nt said notr r.nd maricage . . . . .
<br /> to any s3�•anees ther�a(cer tH�cominF �1ue. 1?ul. in no rcrnt shnll thr �fort�ag��' ix� li�blc in vm� �sa�� tn ���ipletr �aid buifdin�: nr . � � . .
<br /> ,i ; to pay fur the rnnts of mnstmcYion M�•and the ad��anrns o: thr amnunu depacitod for sairi nur�x�:rti o; i�uinai h.� the \5ortga� � '
<br /> fur the airatruction of �his twildinfi� And it is futthrr ��apmssly xgrecvi nnd undrnuxxi ihnt it ti:r :�tortsagr,r shail (ait to mmplete � � .
<br /> �id twilding in ncrnrdanrn a�ith thr agrmmrntc. hluc prints and s��ificaiion. hlc`9 in cannalion ��ith thi� hx,n nr shaif ne�la4. . �
<br /> fail or rnfuse to iwy for the c�btc and ez{n.nxti im m�nvctirni tlicre�cith, o: �1��a11 .'ail in aii�� othr; of the m��e•nnnts hrrrin set forh. � . .
<br /> t.hen, at thc option of the \i.�rt�ee or nf thr ho:drr of tho nnte and mortfi•r.cc hemin mierr<vi t�i. ih<� \toriFa�re ma�• dtrlarr .aid � .
<br /> u��; los¢ to be in default and the entire amount l:�anPci shall imm�diaiely }uti}vne duc and pnyab}�� am9 thr pro�h riy hrmin mtermd to � �
<br /> chgll �. !u'cRlph" TOf 9II of the 8/��'ASiMS Atl�� rxEx•nsrs irtcurmd and made he thr \tnrt.�a�er in e�>nnrc!inn wilh ti;ic prnvision. . . .
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<br /> �:�� \l'it}�wt limiting thc Fencralif�� oi the forPgoing. the �1ortFagn� .hall hacr the r;F�`t 2n d�,�!an� that drfault hns Mrn made � .
<br /> ° ; anri the �ntire indehteciness hemundrr in ix� dnc and payahle at once upun thr h3ppr�n�n�; of ;.nc onr o! thn fo:lo�cinp c�nditions: � �
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<br /> {A) 'pb� filing of an.• tien aFainst the propert�•, u�hother ciainv�d tn L,� ��ri��r to 1hr fir�i mnrt;;agr or <nhirct th��rrtn: �� , �
<br /> (bl The rntry of any judFment x�sinst 2hr `.SortFaFor: � .
<br /> (cl The failurr� t� cvimpk stridh- uith z�minF n��n�iaticns, th�� },rovi:i,:ns o; thr ci .v 1n:iidine c�+�ic•. or i: �m� s.�np arder . .
<br /> is iscucci hy� puhlic, suthariticx: � . � .
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<br /> ( di An}� m:s�latrmcnt ia thc k4�n applicatinn: . �
<br /> (e1 Any matetial chan�e in the ��lans and sponfira!i,;ns not firs� npnrrnrri m ���ritin,^ h.' rh�� �9a•n �a:ort � �
<br /> , - �i: (f) ]f w•ork � dele>�eri or suxpemied for a perin�i o: thirtc � :;0? da�-, withnul �•;:u4� �aus.ia:ton� a, thr jSari�ac�r. nr �
<br /> should ihr Mort�:rc6'+�r fail to cnuee aork m ?x� pr��<r�dc�i ricorrnish�.
<br /> i( thc Mort�a�cc ciecl�res thc I�tivn v� !x in riofnult. m�drr nn�• �+ro��isior,s cr,' this iuovicion. tL•v \1:,rt�.sFr� �hali br wicior � . -
<br /> no cihlipstion tn sdcanee an�� further moneys hrmund<•r oithor bu �v�omnni n.` ..ar{: �v.rinrtmvi and n•atnnal- alre�a�iv larni.hwi. nr � � � �
<br /> th�e to Ix� tnrnishiYi later hy' tho .`.lnriFa�;or. �� �
<br /> If is uni4etstoc�i and agnrd that thc \lori.a�or w�ill nsc all adcana� m�i,ir �mdr; � hi< :r.nri �at;r tn ���mct a hoii�iuic �m
<br /> c:tid pmmises in acr,>rdanrn w�ith :he Plans. cFxrifications and ;;��nrr:d a�mom�•rts :ii�ri :n �.�rr.�ruon th�� n��� ;th. ;a:z:i i�rrrtnfnn�� .
<br /> a�Inm•n� b)• ihe \f�irt�acm.
<br /> it is undcrsca�:i vn:i aFrnvi that all materi:ils �irti.�or��d up��n �.�ui ;nmii�r. i„r tLr ��nr�r,�: ot S.rinc iou�„-por:�tai in iFr . .
<br /> ,;� ��; bvildinc shall lx rnnsi�i�n�i a part o! ihr huildin�. � .
<br /> '�lorigitFin agrrrs tn makc ad��anms ur,der this ?��3n G�r th�� inn.ln�cti,.n ot v1i�9 huii�iin� trom ti:nr io tir.,r as �crrrd
<br /> Mtw•mn thr f.ardes herem.
<br /> AND ]'(' IB t:SPRE�St,Y AGhEF.D :\ \ 1) i'\l)b:RS7Yx1D : hat sair. a�:eancr:. .hail Ix� �,:���i oiii. �.i,rn in thv ia;itiinrn; .
<br /> o[ ih� \Sortga};cr nll y�nrk u=uaii7 ri.�ne nt th� sts�;c oC rnnstruMion ���Ix•n thc a.i� anir ix mado pae:e},;r �!;sli hacr l��vn do:zo in a
<br /> � fi,xe? :v�d �.�orkmnn3ikc n:acmcr, aa<i ali n:at��riat=_ and fixtum.s u.oallc furnish�vi an�i ir,stallc;i at th:u ; imr �hail t�nv�� b�rn fur
<br /> t.� nishcri and ir.stnlieA: but the A1ortFa�cr mny adcnnco parL�, ��: the whole, n{ a::�� i��tal{mrnh M�ir.rr tL��c b�r„me dnr. i; th��. ?torf �
<br /> gagcr chail }x�lin�e il n�iris.;ble to do so. i�rd aii such vd��anira or �,:�ym��n�s .hal ! ho r,ocm�oi to 'ia��e I+�om m��te in �-nrsuamm �[
<br /> l?�is xgmment, r.oihin�;, h<,we.-��r. ir this aFuv�mrrt shall lr cun�tn:e,i ;� x datomunRhon nf ihr ,u :�iih� n! thr .� nrk ialx,r
<br /> . �f ittHlCil3�c �UiT1�S}1Ml �n' tjtP �t�L1f:tCOf .t r„n� nitinr atlt� I �n• ��.�itC3C�v� 5��311 i�' Ut:�L.•; nn cf.� h� uT �•I�: :C:tl �nn bi 148Fr
<br /> •iich �1r;crmittxiion. .
<br /> 'T!n� \Snrt��ty;�r uhall ix� cul�roFntod tn a;i of Iho riFlits, prnilvg��., prn,ri7ii•s, anr, ��qsuliay ui ang li��nh��,l;let �� ho�e lu�n tnrt)'
<br /> ha��c b�rn �ii��rharerd irnm tFr j,n��rd� o( this ;oan. or F�- any 2und< herrin• ��nid nr i�irni�h�ri h�• �hr \lnrtcaficr.
<br /> IT SS E\PFiESSL1' :�URIiED t}:at i( th� \1art�n6or .hal! sell , rom�r>' �r n?ior:Ui• >aid vmp��rtc_ or nm� I:'+r1 thcm+(.
<br /> or any intemst therein. or sh�ll is• di�•r�tal nf hi� title or am� intenKt 1?urnin in :tnc mannrc nr �rm�. �.hvthrr ��niunf:mh• or
<br /> imroiuntarii�•. ��ithout «riltrn cort=ent u( the \fort�afi��e 1r`ina; firal had a�T:i oLtaincei. �torir:t^��.� •hail ha�•�• ILe ;i�I;L at its optiou.
<br /> � .o deciitre anp indeUtedness or ot.li�.r.[ion� snun4i Li•n�l+v. i:rn�pi��ii�r of ihr mslurilp �i:dr �tn��-ifiid in �r.�� rcto ����fd��nrin� ih��
<br /> � �'+tnr, immediatel�' due m� teicsble �oilhovt notit, an3 said di•bt <hai[ lh��mu�x�n lxvv+mr alr.:��lute. if the o�cnrr�hip ot the motl-
<br /> ga�cd »ropert}• }x�sim�K �•ostcd in n {a+n:nn .,th��r tha,� thc \turt �a.^,nr. thc \?,�:t�:ga^ roac. �cithoat noiicr to t".;r :9 �;r[Eip�q dr�i �
<br /> , �ith such succcx�or or sumxyors in inten�t ���ith ref�rrnn t.� this m��ricacc and fhe r3��bi hcrrt,�� eccun��d :ao ��ith ihr \iorf�:ai:or.
<br /> nnd ma>• foc{�ear to sue or mn.• cxt�nd time (ar tFo Pa�'mer,t of th�� drLt homh.� ���•un�,i �cit?mut di�.•h.�rFin� ��r in an>� ���:iy affrclin�
<br /> � !he liability ot the ori�irtal '�1ortFa��r hemunrier or u{+:vi t'.ir d�4�c «rurni. �
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<br /> . In this instnimrnt thc sin�ulnr indud�� thr t��lurot ;�n �i ih� masculine inrluJc< thc t�miinu:r mid Ihi• nrwrr ar.� i thi, in� "...�� µ. :' .
<br /> : <Ir �:mrn2 �h�ll M hindinF upon 7hc imdrreizmd, tn� tr•�n 1`ononvi m�,roccn��ti� c�, ucrrs���r< n � i :i�.iFii>�. � ;.
<br /> IN �VITrEeg �1'}{EREOti, ue hare hrrrun[n �et uut hamis �x!v� c� :�i. thr di� an<i � r 'irs� .ih :� r w :iiton.
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