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<br /> MORTGAGORS MAY MAKE PREPAYMENTS OF PR�NCIPAL ON ANY INSTALLMENT DU[ DATE. SUCH PR[PAYMENT SHALL 9E �
<br /> APPLIED TO INSTALLMENTS LAST TO BECOME DUE UNDER THIS MORTGAGE. PfiOVIDED 7HE UNDERSIGNED ARE NOT IN DEFAULT
<br /> � AND ARE THEN THE OWNERS OF THE MORTGAGED PROPERTY, UPON REQUEST OF THE UNDERSIGNEU, OR EITHER OF THEM,
<br /> FAYEE AGREES TO FURNISH TC THE UNDERSIGNED 300% OF SUCH PRINCIPAL PREPAYMENTS, UNLESS ADVANCEMENi IS PRO�
<br /> HIBITED BY THE REGULATIONS OF CHARTERING ANU SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCH ADVANCEMENTS
<br /> SHALL BE SECURED BY THIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD DEEN MADE.
<br /> TfiE r70RTGAGOR FURTHF.R CnVENANTS AND AGRFiiS:
<br /> � � Th.+t lhe hluritiagnr wili p:�y the indebtrrinrss as hi�roinhr(nrr prnvidrd.
<br /> � '1'hat ihe n4orlguFur is lhe uwnrr o( �aid prnp��rlr in trr tiimple and h.as t:ond ri�;ht and Inwfu( �mlhoril�� �u st�ll �md
<br /> : cunviey the samr und thal N�v same is (re�e nnd clrnr o[ nny lien nr rncumhrnure: :uid thnt i\torl �;ngor will wnrrmt and dr(rnd the
<br /> � lillr to wid prcmi+i•s against. ihe cl:�ims uf all persous whnmsai�vrr.
<br /> 'Cn pay immedi:it�•ly when dur w�d payabl� nll „��nrrnl tnx�•s. sprcinl lax�•.s. sp��cial an�cv,m�•nts, w:di•r chxr�;t�s, seww• serv.
<br /> . icn chiirgu�;. and ulher fase; vnd e6argr, � agninst nui<I prnprrt}�, nnd ali tax��s li�vied un tbe di•bt srcurrd herelrv, nnd to furnish thr
<br /> A4urlgagro, upon ns�uest . wilh tha nri�;inid or duplicalr rceoipls iherofor. 'fhr btnrtga�;nr ;�grrev ibat Ihern slmll Lu adderl tn
<br /> � cach manlhly paymeni requirud hrreimdrr or midrr thr ecidirnce uf dr6l s�•ruu•d hrrrby ++n amuunl. relimatrd bY thr �1urt�;a��rr
<br /> : t.o Ix� suflicicnl to en:iblr lhr �tort8ngee lu pay. as U�ry hrcnmr di�e, :dl �nxi•,, nssi�ssmenls. nnd ,imilar ch;vK��s upnn lhe pretn-
<br /> . i,rs su6jrct thrrolo: nny di�ficiencq brcauu• of Ih�� insuflicirncy ot such �iddiliunril pnyments shrdl bn fnrlhwi� h drpusi�ed by thr
<br /> nlurtgtignr with the Aturlgugee upnn dom:md by thr �torq;;y;e�•. Any dr(aull uud��r thi= �u� r.�y; r.iph :h�ill Li• drrm��d �� d�•fanlf in
<br /> - pnymenf of ��ixez, ess[�ssmrnf.a, nr simil�ir i•Imr���s rrquirrd horrw�drr.
<br /> � 7'h�• Nurl�agnr ntin•r; th��l Ih�•rr shall :d;u hr ;idd�•d tn rai•h ninulhl}' pnyrm•rd uf prinripal .ind irderr�:l rrquired here.
<br /> � widrr an amuunl ustimadrd b>' �}ir A1nrtgii�;�+c tu b�� sullii•irnl fn rn.�bl�� ( ho Alurtl:.tg<�r io p:n'. >is il Locunu•s dur. � h�• insurancc
<br /> , prcmium on :my intiur.mcr �iolicy drlivrrrd to lhe �turtRngco. :1ny di•lic•irncp 6rriausi• u( Ili�� insu(Iiri��uc}� ul .uch udditionaJ pny .
<br /> $� . mcnt� vhall br fur� hwith di•posit��d hy � hr ;11nr� �nkor u�itli ihr �lorlga�;rc upon drmnytd Irv ih�• iAlorl�:��oe. Anp drfnult undrr Ihis
<br /> � paragraph shtdl Ix� dr�•mrd n def.ml� in Ihi� paymrnt u( in.�uranri� pn•miums. 1 ( Ihi• pnlicv ur P��lii•ii, d�•pusiti�d tn'r +uch as homr.
<br /> uwner� ur all rislc pulicics, and thc drpn.vils err iniuflirirnl tu pay thr c•nlirr pmmium, thr A1urq;nRrr m:iy apply thr dopmil lo .
<br /> � pi�1' prvmiums on rinks rr•quired in be in..ured by this nwriga�;e:
<br /> � � Ya}�menLs made bV the� ;11url�;agor undnr th�� abuv�• pnr;�Rraph, may. at thr ��pliun uf Ihr �Iurlyugr�', 6c hrld by it ❑nd
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<br /> � rotnmingli�d e�i�li u�hrr such fuuds or il+ uwn funds for th�• payntrnt u[ surh ilrm.. ;md unlil so npplird. sui�h paym�•nix ;trc hrrrhy
<br /> � pli•d{;rd na eerurily for thi� unpnid 6iJuucr nf ihr murt�;:q;c indrldi�dn�.,s. �
<br /> �� 'P�� procurr. drliver tn, :md maintain for th�� b��nefil of fhr nluriting�r durin�; thr lifr n( tliic murign�e nrit;in;d pnlicirs mid
<br /> � rrnrwals th�•ns�(, delivrrnd at lei�s ten daps Ix>foro ih�� ezpiration nf am• such polici��s, in>urin� a�ainst (irr rmd uth��r insurable
<br /> � . hazartls, casuultie5. und cuntingencir; :�s lhe Murtgagec mny mquire, in :m amoimt �•yual �o Ihi� indebtrdness secured bv this
<br /> � Atort��igr. and in companirs uccepC�61r tu thr A4orltia�;ee. u�ilh los. p,�y��ble claus�� in [.n�nr uf and in farm necept.ible In iho :�lortgu-
<br /> ? ge��. In t}��• �•vent ony pnlicq is nu[ nmewed utt ur bo(ure trn d�tys of its i•xpinuiun. thr �torttia�;re m�iy prurure in.unu�c�• on ihe
<br /> � improvemrnls, p:ry Ihr prrrnium th�•refor. and such sum nh:dl hrcumr immedintely dw� :md paynbl�• wilh inlerr.sl iit the rnlr srt
<br /> - furtli in said nn�r until paicl :md sh:dl br srcurrd hc ihis mnrlgaK�•. Failurc nn � hi• part u( � hv A{or(gal;or tu furnish ::uch renrw;ds
<br /> � ns are hcrein required or failurr tu pay :my .�ums nd�;uirrd hrrrund��r shnlL at the eptiun u( th�� I�lnrt�;ntirr. cunsliiute n drfault
<br /> � �. undrr the terms o( (his murh;:��;r. '1'hr <I�dirory n( surh poliri��s �hall . in th�� ��e�i•nt uf driz�ull , ronclitutr nn as.i„utnrnt nf tlie un-
<br /> % � r•arn�Y! prc•mium.
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<br /> . Any sums ren•ic��d hy Ihr \lor��;a�;ci� b�' rrason nf lus: or d:ima�;c insun•d aR:�inzl m:n� be. rrininrd krv thr \lur��;a�;ec
<br /> s . and aPUlied lot+'urd the U;�Y��ent o[ ILe tleht 1��•n•6�• ercurrd. or. nt th�• np� inn n[ Ihn �1url�;ngve. such a�uns rilhrr wholiv ur in
<br /> p�irt map be p�iid uv��r to � !:r Nort�;agur to b�� us�•d fn rrp:�ir ,uch Luildings ur tn build n���v huildin;;s in thrir pincr nr for any
<br /> j'. . othi•r purposr ur objcct nalisfaclnn� to th�� 11unRa�;w� with��ut �dTectin� th�• lirn on ih�� murl �;agc for Ih�• (ull :�munnt �rcurrd ht•rt�.
<br /> �. by bofon• snr6 p,n�mrnt cvor t�w�k pl�ue.
<br /> � '1'u pruntp� l}' rrpnir. rrsiurr ar rrbuild nny Imildinx; ar impruw�mrnfs nnw nr h�•rrnf���r on tlir ��rrinisrs whirh ntaq hr-
<br /> �, � romr d�amaFed ur dr:,irny�vi : to keep said pn•misrs in ;;uud cunditiun und repair and (rro (rum any m��chanirs li�m ur ullirr lien or
<br /> clnim u( lirn nat rxpfe.csly sulwrdir.atrd tn Ihe lirn herrnC nul in suffi•r or permit any wilnwful uso u( nr :mv nui:nnc�� lu ezist ��n
<br /> t caid pruperty nnr tu permit «:istr nn soid pmmises. nnr tn Jo any nthrr nct «�6��rrbp 11��• prup�•rly hrrrbY i•unvrv��d sh,ill Iwromr . .
<br /> •" � lu., vulunble nur lu diminivh ur impuir itr �;du� 6y anp .i<'t nr omissiun tu uct : t�� ruutpl�� «�ith :dl rr<piiremrnts nf lii�v with rr.�prrt
<br /> tn ! he mortg:igud prcmisi•s and � hr usc thrn•uf.
<br /> �. 'I'hnt shuuld Ih�� prrmi>rs or nny piirt thrrrnf fx� tak��n or duma�;��d by rcasun of nn�' pu6lic imprn��emrnt or eundr�mnafion
<br /> iproce��ling. or unde; th�� riRht u( rminent domain. ur in :�ny ull�cr m;innrr. ;hr Alnrt�;n�;er shall b�• i�nti� leYl tu nll compen�tninns.
<br /> :urards. :md any ulher paVment ur rrlief th�•rrlor. and shnll be entiNi�d . �3t its uptinn. to rnmmencr. zipp��ar iii and pnm�xute in iis
<br /> � � uwn name any r�ction ur prucr��ding, ur to muke any romprumise or srtlloment in conm�cfion with surh ta4:int� or dama{;e. All such
<br /> �� compens�liun. �iw�irdx. d.{m:ig�K, ri„h: u( nclitm nnd prnce�vi.. :ire lu�rrb�� a,siFned tu ihi� �tnrtgn�;e��. whu m;iy. :dlrr deducfi��g
<br /> thi�re(rom adl iL4 t�xPensev. r�lr��se :my muneys su n•crieed L�� it ur apply thr .nmr r�n any indrhfr�hir.. s�•cured h��rrby. 'I'hi� \lort-
<br /> i . �;�ik��r agmos lo i•xrculr suah (urfhcr nsci�;nmcn4v n( nnV cnmprn�utinn . ;i�ctvds. damagrs. ,md ri�;hls uf nrtiun nnd prom��d. ns thc
<br /> Morl�;aRE'�• mny rcc�uim.
<br /> ° , "I'hnl in casc o( (uiluri� lu perform ,my n( fhr euvonanls hrr�•in. ltur �Iur�Fag��v tnay dn un Ihr \for(�;:p;or's brhnl ( ��c�•ry� hin�
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<br /> so cuvenrmfed : lhat the �1origagre m��y alsu dn uny iict it m;�y dr�•m n�•cessan• lu prulrcl Iho lirn Ih��renL th�it ih�� �?ortgn�;or will
<br /> � .� rnpny upun drmnnd any moncyx pnid or di.burned by th�• Rturt�;a;;i•c (ur anp uf the abure purpu.,es. �uid �ach monrys in�;rthe•r wilh
<br /> ` int��mst lherrun nl thr rate provided in .aid notr shnll bi�cumr su murh additiunal indi•bti•dm�.. herrbv -��euri•d :md mav fH• in-
<br /> cludixi in imY decree forrdosing this murlg:��;e and Le paid uut o ( th�• n•nts nr pruc��r�ds uf c:ilr a( wid prrmises i( nnl otherwise
<br /> pnid; lhut it shnll nnl b�� u6ligufuq• upun thr '�tort�:u�;e�� in inquim inlo thr v;ilidity nf am• lion. rncnnil;r.�nre+. ur elaim in nd�
<br /> vimcing mnneys a, nbuvr :�uthorized. hut n��thing hrn•in contnined shall lw� cun<trnrd ati nK�uiriug thr pturl ::a�rr tn �dvunce an��
<br /> munrys fur an)' snch )��urpuv�� nnr lu dn .iny :�ct hcn-imdrr, :md ifu�l \1nr�gagi�r �h:dl nnl. ineur anp prrsnnnl IiHbility 6rr�u��• of nnw
<br /> � thin�; it may do ur urnil tu du hi•n•undrr.
<br /> � In Ihr rvrn� uf lhr dr(ault Ly \lurtgn�;or in th�• paym��nt o( any invl�ilhnrnt . as r�•quirrd In' tlir Nu� ^ �r�•ure�l hrrrb�'. nr
<br /> in the p�•r(ormamm �[ lhi� ubligntiun in this mortgag�• ur in thr nute �ecured thrrrhy. !h�• �turtgagee sh�dl br cntiUrd �u d��cl:ve the
<br /> d�•lrt securrd hen•bY dur and puVtfhlr withuul nolice. and Ihe i\lort�;agr�• shall bo eulillyd .•��. it4 uption. �aifhuut notict�. rilher by il.ueli
<br /> ��r by u receivvr lu 6e ;ippnintrd Ly the cnurt thi�rrof. .uul withuut n-�;ard tu thr :�dequucy uf any crcurity fur � he indrbti7ini•ss k�� I . r ,'. .
<br /> currd herel�Y. lo ent��r upun and h�ke possrssiiu� of the mortpiged pn•misrs. uud tu culli�c.t nnd rrtv�in• lhi• rents. �ssuos and profits � N y
<br /> th��rru(. und apply lh�• same. Ieas cn.ls u[ uperntinn Fmd collection. upun thi• inde}��rdnrs� s�•currd hy Ihi. mun�;at�e: said rrnls.
<br /> � iscuvc ;ind prufils Ix�ing hi�n•6y mcigm�d ln thr �1nrt�;n�;ri� ,�s (urthrr w•vurih� fnr Ihr poymrnt of nll indcbli�dn��ss svurrd hcrrby. � ' a" �� .
<br /> 7'hr �torig:�gir nhnll huvr the powrr fu nppuinl �my a�enl ur ag�•nt. it mav dr=iro (��r lh�. purp� h�• ul r�•{rairin� 4�iJ pn•�n- `t :: � �.��
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<br /> is�s: rrnUng tlir u�mc; cullecting Uic r�•nLw. revrnuce :md in<•ome. :md it mac pay nut �.�( ti:�irl ini�nuu� :ill i�sp��nsr. incurnYl in rrnt. y� ..
<br /> - ing nnd managing lhr snmr und n( cu1l��ctinK � hc ri�nlals therrfrurn. "Ch�• balnnrr n�mnuunt:. i( ;in��. Yluill b�� :q �plii�d tnw�inl � hr �
<br />''� . .� diw•hur�;r o[ the murlgug�• indrbl�•dnrsa. "I�his ;�ssi�;unu,nt is tu t ��rminllf• :3mI Iw�o��mr null :utd v� �id up„n rrl�•;nr i �( t6i , m��rtc:ice. ..
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