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<br /> '� Saiil promieaory �mte waa giccn to recuro a loan in ��•hicl� the fimnll liueinean AJminietration, an aqency o( the
<br /> United SW4.ea o{ America, IIPB �):iCIlC1�111C1I, ln cumplience witl� ecctiuu� 101 . 1 (d ) uf the Rulex nnd Reµulatiune of
<br /> I the Stnnll Buainesa Adminietraiior. ( 13 (:.I�.R. IOI . I ( d ) 1 ., tl�ia iuetnunen� ie tu I)C l'OtSPU'1IClI ond cuforced in uccard•
<br /> ' uuce with applisxat,le Fr.deral law.
<br /> l. 'fhc niortgaqor covennnte and a�crcea ne tallowe : .
<br /> n. Ho �,vill promptly pay thc+ indc6tedneee evidenced hy enid promiseory note nt thr, lini�a and iu the
<br /> menuer lhcrein provided.
<br /> b. He will pny ull' taxes, aeeeanmenta, watcr ratce, and other Eovernmentul ot municipul r.hnrg�e, fiuce, or
<br />� impoeiU�ma, [ur which proviaion. hae nut been made heretiibe(ore, and will prumptly deliver the o�ictal receipu
<br /> thcrefor to' dio eaid mortqnqcu.
<br /> i c. He will pny nuch eapeneee nnd fece ae mn�• be incurred in thr protection n�id mnin�enonce ot enid
<br /> ; property, inr,luding the icee of nny attorney emploced by die mort�nRee tor the collectinn nf nny or nll o[
<br /> tl�e indehtedneae hereby eeeured, or fontcloaum hy mnrl�;u�ec'e Rnle, m• court proceediugn, m� in au�' uthrr
<br /> litigation or �SroceedinF aHectinR enid proprrty. Attnrneva' focP neaennnhk incurred in +mv uther ���nv ahnl� br
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<br /> peid by the mart�tnKur.
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<br /> d. I�or lietler necurit}• uC tl�e indclriedners ht+mhr aecured, upuu die rrqu�•el of Ihe mort�nRec, ite
<br /> eucceRsore or nnviFnn. lic el�nll execute nnd dclicer �i x:ipplemen� �+l murlNa�r ur tnnetKn�!rP cm�eriu� :m�
<br /> % addilimie. impro��emente. or bi•tlrrmrnts made ta tlie proprrty herein:i6ucr d��e�•ribed :wd nIl pru�i��rlc
<br /> i acquired b} i� a(ti�r t6c d7lIC herco( iall in furm xatiefactor�� tn mort�;nRrel . I�url6rnnur�•, �huuld murtKaKnr
<br /> L�il tu curc ;m1' defniilt in tlic parm��nt nf a prior or i�ifcrinr cncunihr::ncc on Ihr prn���•rtc rl�ecribcd br
<br /> � �I�ia inelrument. ntorl�;.iFor l�ereLy agm.en lo pr.nnit rourtRnuec �u cure euc�� �lefuu�l. I�ut morl�;nFee iF nol
<br /> nbligatcd to do eo : and Fuch ad� nncce PIIOII IICCOIIIP pnrt of tlu� indcht�duePw N1491f1'II IIP �III� lI1NI1'11111fI1I,
<br /> {� suhject to tl�e eame terme nnd condi!=.•ne.
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<br /> � e. 'Clie righte created I�c thie cou��er•uuce ehnl ! remuiu iu full (urce ;md elCect duriii�e un� puntpunrwent
<br /> or exteneimt uf t6c time of thi� pa}•ment af tlte in �Irlric�Inree eri��rnre�I In' N��i�I prmniraory uut�+ ot' am �uu'I
<br /> tlureof Recured Itereb��.
<br /> ,, �. IIc will continuouely mnintain haznrd ineurancc, ot s�ich trpe or typce nud in euch an�ounte on thc
<br /> morlFu�;cc mnc from timc In timv rryuirr un tlu� impruvemenl . nn�e nr h��ri�nfl�•r vu Knid pmp��rlr, �wd
<br /> ' will pay promptly when due nnc premiwnn thcre(or. �Ul iu+ir, ance Fhxll hc r,nrricd in cotup;mice ucceptaLle
<br /> � to nwrtgngec m�d tlic policicn nnd rene�vnla theroo( nhall Ue I�cld b�' mnrtNn{tec nnd I�ave nttnched tMr.re[u
<br /> lose pa}'nble clnuece in L•�vor of nnd in furni �ccr.pluhlc to the murtFukce. In ecent o( loee, nwrtSagor ���ill givc
<br /> � immediato notice in a•ritinR to tnortgagee, and mortgagee nu�y �nake prooE oC loaa if not made promptl�� Ly .
<br /> mortgn�or, nud each ineurance compnn}• concemed in liereby authoriaed nnd directed to make pn}•meut for euch
<br /> lcme dircctly to mortgngcc inatend o( to morlgngor nnd morlRagce jointlp, �nJ tl�c ineurnuce procecde, ar any
<br /> part thcreo[, may be applied L�• mortqagcr at ite option cither to thc rcductiou of lhe i�idebledneea I�ereLv
<br /> F��currd ur to iLc rentoratiun or repnir of the �rcoperl)' damn�ted �� �lealro) ed. In ear,tit of forecloaure o( :hie
<br /> mortgnge, or uther tranR[er of tidc to aaid property in r.xtiuguielunent uf thc indebtedncen eccured hcreby, nll
<br /> riglu, title, and intercnt of tl�c mortgagor in und to anr• inaurunce �)011l'1C8 lI1Cl1 in furce ehall paee to thr.
<br /> putchnecr ur rourt�tugec oq .0 thc oplion u( t6r morl{�nµoc, nw� bi� ninr�•ndrrrd fur :i rc(�md .
<br /> g. He r+•ill keep alI buildinFe nnd o1Lcr improermeule on Kuid prupcxty iu �uod repnir ;ind cundilion :
<br /> j �� ill nermit, commit. o: auffcr uo �rnetc, impxirmeut. detcriur�rtion af enid propert�• or +m)' purt tLcrcuf :
<br /> in t.6c c� c�rt uf failure nf the nwrt�;a�;or to kcep lhr, haildinµe un eaid pr�•miece nnd Ilinxn rrected on nnid
<br /> �ItPE111aCF. or improcetncnln llrercuu, iu �tood repuir. the mort�sn�tec may make. xurli r�•paire n� in its iliFcretion
<br /> it n�ny deem neccenxry fur t6c proper pr��ecrvutinu thcrcuf : nnd Il�e full unmunt uf ca�•h ;md evrry Fncl�
<br /> paymeut eliull be iuunedintch' due and pncublr : nnd eLnll bc Fecure�� L�� thr lirn uf Ihin morl#u �tc.
<br /> h . IIr, r.�ill not valunL•irilq crcntc or pern�it to bo creutcd nu;iinal thc prnperly �ubjcct lo thie rnortQnKc nei7.
<br /> Iton ur lirna inG•rior or nuprrior to lhc licn of thix morlgn�!c rvilhuul thr �+•rittcn con?enl o( llio morlRn{Cee ; and
<br /> ��irtlu�q thal 6r ��� � li k�•cp ;wd mniutnin t6r naw�• fri•r Irum Iho eluim nf all p�� r+nu� .uppkiu µ L� Lor nr
<br /> � m:ucrinln (ur cunntruction uf am� an�l n ! I buildin�r or improccmrni. nu�� b�•in � �•r����t��d nr In h�� rrrrtrd ou
<br /> suid prriuinca.
<br /> � ,: i. lTc «�ill udt rc�u ur n�.i�u :w� part oi thc rcnl uf' +nid murtkaked pt��perl �' or d��wolidi. nr remo� r.,
<br /> x nr xubal:wli;ill}' allrr anr buildin�; �vit6uul tlie wriUeu cuuNent nf 16r, mnrl{�n�cr.
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<br /> � j. All .:�w��rdx of diuu��Ken iu conneclion witlt nuy conilewnntimi for public u+e of ur iujur� � �� wi� al' tlu�
<br /> � prup�• rt � �uLj��c1 tu tl� in m�irlgn�;r arc li��mb� uewi �urd and rhull bc p��iil fu mort �a�;rr. wliu mai• npply tlie
<br /> s:nnc tc� pncm�•�q of tlu• in«tnl6;irn�e la�t due undcr Nnid not�•. ;md mur�µ;i �ci� i • lirmbc au� horizod. iu � hr
<br /> ' < nam�• of dic mortgagor, to excculr, and delivcr valid ncquittuur.e� Ih�•rcuf uud lu ;ippr,�l from nu� nu�•h u�.nrd.
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<br /> - ', !;. '1'hc mort�;nFce �hall h��ve Ihr ri{�hl lu inepncl Ihe uiurt�;uged premi�e, u � �ui� nvi�onuLle tinir.
<br /> � 2. Defuult in any of thc covenanU or cunditioue of thi� inetrument or of the nme ar loun n�;rcrmen�, nccurcJ
<br /> � `�� I licrrbc nLall tcrminale tbe mort�;a�;or e ri�;ht to posRc�eion, uae. ond enjo� mcnt of thc properh�, ut tl�c option of the
<br /> meirtFaFce or hie ��viknn lit b�ing a�reed t6ut the mortRuRor nhall hu�•e xuc6 ri�;lrt nntil dcfnulll . Upmi nny Ruch
<br /> ,�,;��;� dr(ault, thc morlKuFce ahall L��comr Ihe o�encr oI nll aI the rrntn nnd pr��file nc��niin�; �d'tcr drfu�dt n� aeruritc
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<br /> T-+k.� for the indebtednexa eecured hereb. , wid� thn ri¢ht to en�er upon nnid propert� fur � he purpuec of ��ollrc� in� eur6
<br /> `',.� , Y rontP and prufih. '!'hia iuntrurnent sh:�ll opernte ae an oeeiRnmrut of any rent�ie un euid propert}' to t6nt ��trnt.
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