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<br /> MORTGAGORS MAY MAKE PRE?AYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE DATE. SUCH PREPAYMENT SHALL BE
<br /> APPLIED TO INSTALLMENTS UIST TO BECOME DUE UNDER THIS MORTGAGE. PROVIDED THE UNDERSIGNED ARE NOT IN DEFAULT
<br /> AND ARE THEN THE OWNERS OF THE MORTGAGED PROPERTV, UPON REQUEST OF THE UNDERSIGNED, OR EITHER OF TNEM,
<br /> PAYEE AGREES TO FURNISH TO THE UNDERSIGNED 100% OF SUCH PRINCIPAL PREPAYMENTS, UNLLSS R�VANCEMENT IS PRO•
<br /> HI8ITED BY THE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES Tf1EN IN EFFECT. ALL SUCH ADVANCEMENTS
<br /> SHALL BE SECURED BY THIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD DEEfI MADE.
<br /> r Tf1P MORTGAGOR rURTHER COVPNANTS AND ACRGES :
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<br /> � Thut the D1url�;agur will pny th� indebledm•se as hrminlx•fore prnvided.
<br /> � 7'hat Lhu Murtg��gur is lhr oH•nrr n( s,iid prnperly in fre simplr :md has Rocxl rigLl :uid Lnvtul authorit.�' lu scll and
<br /> cnmey the simiu aud thal lhu s�ime is free nud cicar ot uny lien ur rm�umLrancr; nnd thut A9url �;agur will w�nrnmt end drfrnd lhe
<br /> liqe lo said preminev ngainst thc claiims ot nll pvrsnnK whomxuevre .
<br /> � '1'n pny immedintelY H•hen dur, and puynble =dl gcn<�ral taaes. sprcial laxes. sprciaf nsses+ments, watrr c6�r�;es, sr.w��r ..cn•.
<br /> I(v` CI1llC6C4� HIItI nlhrr taxes and charxe.s agtiinst s�iid proprrty, nnd ali t:ixrs I�•vird on tho d�•bl srrured hereLy. and to furnish thr
<br /> � n�lorlgngee, upon mquest. wilh lh�� caiginul ur duplic:�te re<•ripts ihrn•(nr. 7'he �inrt{;aFnr agreev lhr�l � here ,hall be added fo
<br /> �. ench monthly Payment requimd Lercundrr ur undrr the r,vidi�nc�� of de6t secured hcreL,v an :unount i�alimat<�d by lhc \turl�;age�, .
<br /> � tu he su�cien! !o ennMe ih�• Murlgagee 1�� puy, ns thcy hecome du�. �dl tazes. assrssmen�s. .md similnr char�;es ulxrn ihn prrm•
<br /> � isns subject. therclo; tiny defici�•ncy becnusr ut tlm insuHicii�ncy of suuh udditional pa��mrnis ::hall be (nrtfnvi�h d�•pnsited liv lhi�
<br /> � MurtKU6��r wi�h lhn nlortgag<�c upnn dcmanJ bY ihc �4urlgakee. An�' di�faull undcr this pi�rn;;raph shrJl b�� dermrd � defauli in
<br /> � pnyment u( t.ixe�. :isscssm��nl.,. ar simil:�r ch.vgrs requirrd hrrrunder. �
<br /> 7'h�� Atortgagor ugrr�•. th++f ihrrr sh.dl alsu br :ulJed to rnrh monthly pnym�•ni �d� princfp:d �md infrri�st «�quimd here�
<br /> � midi�r an iunomit estimated bp the illnrtRaRee lo br sullicient tn rni�ble Ihr il1orlgagri• tn pap . .is il b��cnnii�. due. Ihr insurance
<br /> c � prrmiuui on anY in+urancu policy delivi�red tn flie \lurl,����;er. :\ny� delieiency hrcaiwe uf � hi• in,u(Iiciency n( xuch ��ddiliuna� ��uy.
<br /> � � menls shell be [urth�sith deposi�ed bV th�� A1urlgaF��r �ciUi lhr Alurlg�i�;cr uP���� drnu+�id by Ih�• D7orl;;aSee. rAnV def7�ult und�•r �Itis
<br /> � pnragrnph sh.dl lu� dr�°nu�d a d�•fiwlf in � hr pu}'menf. u( insur,mce premiwns. I ( �hr poliry ur P��licii•n drpuaif��d are surh ns Bome.
<br /> u�enrn or :�II riak policirs, an�l � hi• drpu�,ils nrr iusuflicirnl. tu pay thi• rnliro prrmiurn. Uir Mur�gflgce nun• .�pplV fhi• drpusit tu
<br /> pay prrmiumx un risks rrquirrd lo hc insured hy this murt�;itir.
<br /> � Yaymrnls medi• b5' Ihv AfurtRn�nr imder fh�• �iLoe�� paragr.aph. nuiy. al thc i�pti��n u( thi• '�1nrl�;�ig�'�'. 6�• hold by il :+nd
<br /> . cummingled wil6 othrr such funds or ils �ncn fuud; fur th�• p:p�munt u( suc•h il�•ma, :md unfil =n applird, nuch paym�m�: nr�� hrrrb�• .
<br /> .i pirdgrd +as serurity fnr thr unp�id balance of � hr murlpatie indeblydn��tis.
<br /> `_ . 'I'u pracuru. deliver to, and mainp�in for ihr beurfit o( Uir ?�1orl �;i�;re Juriug thr lilr o( ihis murt�;eRe oritiin;il policic, and
<br /> ren�•wnls thonv�t, drlivrred at least ten dnys hetnro thi� ezpiralion ��[ unY such policii•s, insurin�; a7;ainst (irc and olh�•r insurnhle
<br /> hornrds. cnsuiilties, rand contingrnci��s ns- thr Mnrtgagee m:rv rrquire. in �ui mm�unl ��quiil tu tli�� indcbtedness ��•r.umd hy this
<br /> '4 � Aturtgage. and in companies acceptable tu the Atort�;u�;ee, with los., payn6le clauxe in favor uf nnJ in fnrm nccepta6l�- to the 9lurtkn-
<br /> 4� „ee. In the event any pulicy is not n•newed nn ur be(um ten day+ uf it. �•xpirnliun. the A1url�;age�• may procum insuranre nn the
<br /> �� imprwrmeniv. pay the premium thrm(nr, and xuch num shall Lecom�• immcdiid�•ly dur and payable wit6 inlrre;l xt thc rnlr srl
<br /> . furlh in saicl notr wdil paid und shull b�� ,rcured b>� this mortka�'e. l�:�ilure on the p��rL o( lhe !lfurfgu�;or ln (urnish such rcuewaln
<br /> � as ure herein ret�uired or 6iilur�• to p.�y any suns advnncrd hemunJer shall. �d tlu• option uf � he �1orIKeR�'�'. �•�>��+titutr a drtault
<br /> � under lhe terms of Ihic mnrt�;.iga 7'hr drliv�•ry ot such polii•ic; sh++ll, in Uu• rernt of drfault . i�unclit�dr an atisit;nmrnl uf Ihr um
<br /> � �arnisl premium.
<br /> � .Any sums recrived by the \turttiagrr hy rr�ison n( lus; ur damn�;r inzur�•d aguinsl may bc r�•tainrd hy tlie \lurt�:ngee•
<br /> und applird toward th�• paymenl uf t6e de6i liereby securcd. or. al the oUtiun n[ Ihe \lortg:��;ee, such cums eithrr w�hull�� or in
<br /> ��; perl mnl' E��' P��id o��ur to � hr• hlorl�;agur ln M� u=rd In n•puir such huildings ur to build nrw� buildint;s in tL��ir plac�� or fur any
<br /> !.. nthi�r purpusi� ur uhji�ct vitisfuclurr to tho A7urt �a�;er wit6��ul alT�•ctin�; lh�� lien un ih�• mnrt�a�e fur thr (ulI a�n��unt s��cur��d hen•-
<br /> t, Irv hrfure such p.�ytrornt rcer tex�k pl:in•.
<br /> 'Po prumptly rrpair. rrsture ur rebuild :�ny Luildin�;, ur imprnrrnu•nh nuH� ur h��reaRrr un Ihe prrmines �rhirh tn�iy 6r.
<br /> S: . comr dam}+�od ur du.lruycd: tu kecp reiid prrmises in �und eoudiliun nnd repnir :md tre�• Rnm an�' merhunic's licn ur uHicr lien or
<br /> � rlaim o[ lirn nol esprossly .auburdin.itrd to lLr li�•n herruf: nut tu cuBrr nr p��rmit ar.y unl:n.•ful use uf ur an>' nuisancr tn exist on
<br /> t " said propi•rlY nur lu permit waste on s;iid prcmis��s, nur In do anV other t�ct wh��rrby th�• prnprrty h��reby runv�•yrd �;hFdl Ix�r.omr �
<br /> . I��ss valuablr, niir tn diminish or impair its r:ilur by any ��rl ur omissiun In :icl �, lu cnrnply u�ilh all rrquimmrnt� u( I:nv �vilh rrnp��ct
<br /> � lu �he morlt;aged premi.rs nnd the use U�erca(.
<br /> � 'Phat should lhe premise� ur any Part ther��of br takrn or dam�i�;a•d Ly ren.un o( nny public impruvemrnf ur eondemnntion
<br /> � proce�rling, ur under the rii;ht of eminrnt domain, ur in :urv ulher mannrr, thr �1nrt�nFer shHll br en�itled to all cump��nseuiuns,
<br /> i ' �iwords. und �ury oU�rr payment or relie( lhrrr(ur. and .rh.Jl b�• entiU��d, at il, optiun. lu commNnce. appear in :md pr�nctiule in ilti
<br /> i own n:une .my uction ur pruceeding, or lu make ��ny cumprumise or settiem�•nl in connrcliun with such takin;; ur darna�;e. :\ II such
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<br /> �•ompcnwlion. aw:vds. dama�is. righl uf aclion ;md prucriKls ��rc hcrrby assi�;nud tu thr \lorttt�ti�•�'. ��'hu may, after d�•ductinti
<br /> lherefrom ull i4v czpensrs. rclease any munry.. su mccivrd bp it ur nppip ll�r snmr nn :+nV ind�•btrdne+s soi'nrerl herrby. 'l�hr \lurt�
<br /> : gngnr ngrecw l�� i•srcutr ,uch turther assi�nments u( :ury rnmprnsntiun. :nanrds. dam:i�;i•ti, :md rigLLs uf actiun nnd prnrreds ;�. the
<br /> Atortgu�;ee may nK�uire.
<br /> : •Cha� in c.�se n( (uilur�• lo perfurm miy u( Ilir i•ovenants h�•rcin. iLe illnrt�;�igci� may du on th�� �tort�;agur's b<�had( cl���rything
<br /> i .:n covem�nled: Hwt ihi� \tort�;agee m:iy also du ;mV act iL mny drom nece�viry In �rrulerl Ihi� li�•n ihercuL tlial Iho �1nrl�ait;ur ���ill
<br /> repay upun demnnd any munrys p:�i�l ur disbuned bq thu A1ort�a�;rr Inr �iny n[ lhr abu��o purp�n��s. ;mJ such mm�ryn logethi•r wiU�
<br /> - inlcrrst l6erron nt lhe rnte providi�d in s:�id notc shall becnmr so much vdditiunxl indrbtrdn�•ss 6i�rrby s��rurcd and may Ix• in-
<br /> clud��cl in unv decree fonrlusin�; this murlgage und Le paid uut �� f iLr rrnts or proc�•ed, uf .:de n[ ..aid premises i( nu� n�henaise
<br /> i paid; �hat it �hull nnl bc uhligutory uPnn thr Murt�;n;;��c Lu in��uin• in�u th�• v.ilidil)• uI uny lirn. cncuml,r.mcrc. ur clnim in nd-
<br /> vaneing muneyn as nboce nulhuriz��d, but nulhin� h�•rein cantainrd +hall {n• cun,trurd i�. rrquirin�; lhe �lnrlgaRee tu adv:�nee +iny
<br /> - moneys [or any such purposr nur to do nny art hrn>uncL�r. .�nd Ihat Dlnrlga�;��e �hall nul incur :nq� p��rsun;d IiaLility b��cautr n( any'
<br /> lhing it mny do ur umil tu du hrreund�•r.
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<br /> �� ln tlir rccnt nf th�• dc(uull Lc Nurtgaga� in lhc p�ymrnt u[ nny insLillmiatl . t�s rryuin•d by � hr \nL• sw�un.d hrn•by. ar
<br /> in l6e performance of thr oblitiation in this mortgnge ur in tli�• nutr necured therr6y. lhr \turlgogee sh:Jl L�• i�ntitl�•d lu d�•claro thr
<br /> d�•bt secu [ed hvreby dur ,md psyablt� �vilhuut notice, and lhe Mnrt �ut;��r ciudl br rnlitl�•d at i�s uptirrn. ���Ilhout nnticr. eilher hV i�u�lf I .
<br /> or by a receivrr tu he nppuintinl b)• Ih�• court therrnL �md wilhont r�•�;urd �n l6e• adrqw�cy u( :iny si�curity (ur Ihr ind��bledn�•sa M�- . .
<br /> cured herrby. to rn�rr u�x�n ;�nd laki• pn:;sessiun o( the murl4nKed pn•mixe+. :md lu collrct nnd recoive thi• mnts. issues tmd prufits " N ^ �.
<br /> L lhrrcu(, and upply thu smne. Ietis cus�s uf upi�r+�tiun und cullectinn. upon ihi• inJihtedni•ss secun•d by th�. mun��+�;e. �aid n•nt�, � �
<br /> ivsurs und profiLs �•ing herehr e�+v�gm•d to thr A1orl�;:+�;ei• a� (urth�• r s�•runty� fur �hr ptrvmrN uf ;dl indrLl��dnrss .�rurrd ht�mLy.
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<br /> x. ' 'I'�ir Mor�ga{��r sludl h:n�e the pawer to nppuint eny a��ent ur aF"nls i� mnc d�•�irr fur Ih�• purPuar ul n•PnirinF v�id Prrm � f� :
<br />�,> , is��s: renting [he sam�•: cullecting lhe rrnlv. revenues und incumr. and il m:��� pay nut nf .;�id inruni�. all ,�xp�,n.rs incurnvl in nmt- Cp . .
<br />"v�'-'� . ing nnd man:��;ing thr sam�• and o( rollecttnt; the• ri•nt:ale therr( mm. Th�• bAl�ne�� r��rnainin�; i( :io)'. :.Ii�JI br .ipplird fuwarrl fl�� �
<br />°�� diwrhur�;e nI the morlga�;�• indr�idrdnras 'Chi, a+ui�: nmrnt is tn trrmin:�tr nnd h.�ronv uull nnd � � id upnn mirn<�. i �f Ihis mnrl �;;�ge. �- -
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