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<br /> • � MORTGAGORS" �AY flIA�E PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE DATE. SUCH PREPAYMENT SHALL OE �
<br /> APPUED TO INSTALLMENTS LAST TO BECOME DUE UNDER THIS MORTGAGE. PROVIDED THE UNDERSIGNED ARE NOT IN DEFAULT . - �
<br /> AND ARE THEN THE OWNERS OF THE MORTGAGED PROPERTY, UPON REQUE5T OF TNE UNDERSIGNED, OR EITHER OF THEM, ' � � �.
<br /> PAYEE AGREES TO FURNISH TO THE UNDERSIGNED 300% OF SUCH PRIlvCIPAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO� ��
<br /> ; HIBITED 6Y THE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCN ADVANCEMENTS �� . � �
<br /> SHALL BE SECURED BY THIS MORTGAGE IN THE SAME MANNER ANO EFFECT AS IF NO PREPAYMENTS HAD BEEN MADE. � . , �
<br /> � THE r10RTGACOR P[JRTHIiR COVBNANTS AND AGREES :
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<br /> - Thnt lhe blort�;t�K��r will pay the indcblednrss ns haroinh�dom providrd. . .
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<br /> ;� Thn6 the Morlgn�;nr is the u��mcr of .uid PruperlV in (���� simpl�• +�nd 6aY R���xl ripht ❑nd lawfal nullioril.>' tn srll rmd .. �.
<br /> conecg thc� s�me nnd lhal Lhn s�une is (rev a»d cirur u( nny lieu or rn<•um6ranee: :ind Ilcd plort�;n:;ur will �+�arrant .� nd drfen�l ihn . � . . . .
<br /> liUc to staid premin�s ��t;t�inst the clt�ims o( ++11 prrsons �rl�omsoevoc � �
<br /> � '1'o p+ry imm���hntrl>' when due .ind pny.�ble i�ll g�a�rr:�l t:�zrt, �peciitl l:ixe:, spi�ci�l atiec•.�,mrnh. �ratrr ch.�rqes. si•w��r srn,- . .
<br /> �£ iee cLarges. and uU�er lncc:s and chnrge:� again�l �aid propi•rt ��. and ��II taxey 1� � irJ un ihr �Irbt srcured hereby. and tn (urnish t6e - . . .
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<br /> A1o[fKngoe, upon requust. ���ith Ihe uriginal or duplicnle r��cc�i�ds iherefur. '1'hr �iurfgnKur :��;rres Ibat Ihere sh�dl be added tu
<br /> e:ich munlhll' P+�ymwrt mryuired h�mund�•r ur under thr rvidence uf debl 4rcured herrliv tm amnunL eslimaled Irv lhe �9ortgagre .
<br /> In be suflicirnf lu vn��hle Ihe �lurlga„rc lo p�i3', n, lhcy becnmr dn�•. all taz��.v. asso.smim(., and .imilar ch:ug��s upon ihr prem� . .. . � �.
<br /> isns subjecL theralo; anY deficiency 6ecaun�• uf lhr iisulliciency uf such additiout�l P:�}'men(s sh.�ll br furth�vith drpuaili�d Ly ih�� . � �, �
<br /> '? nlorlgoK�r with thr �turlg���;ce upun drmund by thr 11orl�eqr�•. Any dol'aull mid<�r this p:irn�; raph ,hall br J�rmrd a detault in .
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<br /> p:�ymrnl of �axes. an>i�esmrnis. or similar i�6arK�•s n�quired hrrrundec _ .
<br /> �; 'Ch�� 11ort�;ugur u;;mes Ih:+t then vl��dl nisu b�• �iddrd ln i•xch monthlv paymc•nt ��[ prin� ipal :fnd inlrrest rrquirrd h�r�- � � . .
<br /> ' undrr nn �unoun6 c�,timx�rd by � hr :�(nr(t;a�;���� In In• unfliru�nl In i• iv�bl�• thi• AlurlgaRcc lu p �y , ns it 6i,eornra dur. Ihi� intiurtmro .
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<br /> j� premium un nny innzimnce pnlicr drfivered tn tlie Nlorl �!a{;v��. !1nq dnc�mu�7' brcau.r o[ ihr m�ulficirnry � d �uch Udditional pay- . . .
<br /> m��n�s s6t��l 6e (urthwi�h dcpacdud hy Ihr �turtgaK��r �� ilh the �lur��;nRrr upun dt•may�d hv tli�� A1or�gegrr. Any defuult under this . .
<br /> pnragrf�ph shnll la• dermrd n de(ault in Ihi• Iraym�•n [ ut insurnna� prrmiutns. 1 ( Ihr pnlirr nr polii�ies d�•pn:ilyd an• such as huma- . .
<br /> w� uwners or flll risk pulicirv, rind � hn deposit� art� insu(licienl lu pay t6�� c•ntir�• pri•mitun. Ihe 11url �a�;re nurv ❑pply Ihr J��po,il in � . . .
<br /> ,;�'i puy pmmiums on risks requin•d tu bi• insured by thi. ntor� �;a�r. � . .
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<br /> =� P:�emenls mnde hv thr \1ur� �;n�;ur und�•r � hr ;i6ocr ptv:��;raphs rnny. ❑t thc � �piiun u( thr 1lorlgakrc. Lr• hrld by it aiid . .� . . � . .
<br /> cummin�;led wilh ulhrr such fnnds nr ils n�vn fiuul= (ur thr paytni�nt ni surh iti�ms. :md witil sn :�ppli��d, �uch pnt�nu�nts :� rr Li•rrby . . . . . ..
<br /> pl�•d�;ed Hs �ecurity (ar the tmpaid hal.inc�• nf thi• mnrt�;al'�• ind��Lt��dnr.a. � � . .
<br /> ���; 7'� � procure, delivrr tu, and nv�inlain for Ihr Lrucfil nf thr Alurl�;��tie�• durin�; ihi� lii�� of t6f; murt;;a�;e ori�;in+d pnliries anrl - . � . ..
<br /> renewuls th�•ny�[, drliviv��d ;al Iea,t t��n dn}�� M�(orn lhe ��xpir:rtiun nf �ui>• tiuch pnlicii•s, i �itiunn{; :i;;ainsl tire nnd othrr insurnble . . � . . . .
<br /> I�auvds. cu+uedties. �fnd cuntingencios :u ihr V1ur�ga�;ee may mquirv�. in .�n amount rqu�d In the indrbtedn�;e secureJ by this � ,
<br /> , '. y� \1urt�nge. �ind in cumpanit•s nrcopi;iblc tu � 6c nlurl�:a;;co. wilh lo�. payaLlu claus�• in [a��ur uf and in (nrm a«•a�ptahl�� �u ih�• htor�tia� ' . �- .
<br /> gea In lhi� ev��nt nm� pulic>• i; not rrn���srd un ur befurr t�•n d�rys nF its i��Pir:�tion. lh�• �turl�apr�� mti}� prorun� insurnm�e un the �. . - . .
<br /> itnprovemenls. pny ihr prrmium ihrrrtor, ��nd such sum shall 6cc:�mo imm�•dinlrly Ju�� mid p,�ynble �vi� h int�•rr,t :u Ihr r:it�� �et . . .
<br /> , �1 (urth in said nnto imlil p��id �nd ,hnll br ,ecurrd Lp thm m�rt ;;ag�•. P:iilurr un the p;irt nf th�• \lurtga�ur lo furni,h ,ueli reuew.ils � . . .
<br /> : . :r_� as nre I�errin n��uired ur 6�ilure lo pay any tiums ��Jvnn� ed hrrr•undor �hall, at ll�o uption o( the Alurl �o;;ri�, rnns( �lide a drlault
<br /> »� under � hc ler[ns uf thi.c mur�,;a��;i�. "Chr dclivrry o[ curh pnlici��s sh�ill. in � h�• �,ern� n( drfault, euiutihrfr tm :���itinnu•n ! of lhr un� � : �
<br /> ;� rarnisl prc�mium. . � - -
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<br /> '' Anv sum.s rrcriecd bv ih�� \turlgaFee bc masun uf I��. or d:muigr in.umd aFainst may b�• rrfninrd Lp th�� \lurteay;er. . . .
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<br /> :ind appliivl lu�eard the• paynu•nt ��f lhe drbt hrrvlrv �rcurrd, or. ial llie nplion o( Ih�• \1nrt�a�;����, �uch -xum, nith��r whnlly nr m . . . . . .
<br /> part �nay Fe paid uvrr tu Ihe 11urlF����>� t�� Iu• usrd tu rrpnir sucl� huildinFs or tn build nr�s buildin�s in thrir place ur fnr any ' �.
<br /> r� nth�•r purpurr ur ubject za � isf.�cturv tu thr \Inrl �;;ig�•r uithout nli��c� int; thr lirn nu tb�• rnurl�a�r fur th�� (ull arnnwit >rrurrd hrr�'� . . . .
<br /> hy lie(urr surh �r.�ymrnl rvrr t�mk pincr. �� .
<br /> ; 'I'u promptly r��p��ir. ro:tum or rrbuiid mrv huildinp, nr intpru����menl, nu�r ��r h��nmhc�r on th�• pmmi,rs �vhirh tnay b�•- ; ` .
<br /> cnme dnmu;;rd ur de.v� ruy�vl : tn ket•p v;�id pr��misi•s in ;;�rod oandi � i�m i�nd n•pair and fm�• (rmm �m� merhanic'+ lirn ur olher lien nr " � .
<br /> rinim uf li�•n n��l raprr;sly suln�rJinafrd �u thr li��n h�•r�•oL nnt to .u(Tcr ur pi•rmd uny unl;n��(ul us�� uf ur :m>� nuisanr�� tn exixt un � � . .
<br /> �i si�id prnporly nur tu prrmit wn:;te un said prnmises, nnr iu du nnp nthor .ict whrreby Uir prupi�rlp hrrrin• cunvey��d sh:dl b�•come � � . . . .
<br /> - hss vuluablc. n��r lo diminixh or impair ils v�luo by nnr ari ur � �missinn lu acU tn rumplc u'ilh all rrq�urrmrnh n( law u�ilh rrspi•ct . . � �
<br /> In thr mnrlRnl:rd ptemivrs :md the usr � hrrroL ! � - .
<br /> 'I'htri shuuld ll��� prrmiaes or mry parf th�•mnf L�� taken nr Jsim���;��d by r�•asun o( nny puLlic impruvenu•nt ur cundf•mnation ' . .
<br /> prcx�ecdin�;. nr under ihi� ri�;hl uf rminent domain. ur in uny ulhi�r mannrr. lhi• Atortt;a�r�• shall b�, ��nliNcd lu ;JI cnmprnsntiuns. .
<br /> mvivdv. and anY othrr payment ur n•lii•f Ihrrefur. and sh�Jl b�� entillod. at ils uplion. tu commenrr. appr.ir in :�nd pr��;irule in its . .
<br /> nwn niunr +in}� actiun �v pnx•e��din�;, ur tu make any curnprumi.se or si•ttl��ment in runneclion with such lokin� or dnmu;;c•. All such
<br /> ' cnmprnsation. nwardv. dama�;iw. ri;;ht nf iictiun ❑nd pruci��xls arr hen•by as;ignrd to lh�� �turi �;.��;��r. whu m;q�. ❑Rr. r doductinti �. .
<br /> � ' Iherr(rorn nll its rxP�•��se4, re•1�•aci• .my monoy, su r��criw�d b}� it ur ri��pl�• th�� s;uno un :iny indublydne.:; securvrl hrrehy. 7'hr \lort- �� �
<br /> gegor agrvi•s tu exec�tr such furtlx•r n.ciknmenls of any rump�•nsmion. a�c;� rds. d;unn�es. and ri�:l�ts af action and prrn��•rds ;u thr ��
<br /> 6lortgrige�� mny rcquire. � � � _
<br /> "1'h�rt in ca.;e u( fiiilure .n perfumi any ��t Ihi� cuernant, hen•in. thr �lurt �;n�re mn>' du un the AIurtRa�.ur'� brhelf �•arrvlhinF '
<br /> ::o cuvennnted: lh:�l thr Alorl �:agcr m;iy alsn do ;my net it m;n� drrm nccr�.nry lu protrct fhr lirn ihrr��nL that th�� �fnrt�;a;;ur will
<br /> rrpny upon drmand tmy moneys p�iid or disbursrd by thr \tort�;a;;ec fur ��n}� uf thr nhuve purp�n��s. nnd surh munrys ta�;elhcr reith . �
<br /> intrrest thereon at the rntr providc�d in snid nnte shall bi•enme su mu��h additinnol indt�blydnes, hi�rrbp .rcumd .�nd mi�y Ix� in- �,
<br /> cluded in nny decree [oreclosing this murtgatie nnd Im paid nut o [ Ihi• rents ur prneri�d.+ o[ sali� u( s:ud premisrs i( nul �ithenvise � � �
<br /> puid: th��t it shnll nut bi� obli�:atory upon thr Alort�:a�;re tu inquirr intu th�� validiiy uf any li�•n. �•ncwn6ranc�... nr cluim in ad• � �
<br /> vancing mnneY.v us abu��e authuriaed. huf notliin�; hrn•in cnnhiined �:htdl la� runstrurd as nY�uirin�; th�� \iurt�;�i�;�•e tu :ulv;uic�� nny .
<br /> mnnrrys (or nny such purposc nor fo du Flny art h��rrundrr, nnd � ha� �lur��;a�:���� vhall nnl incur :uiy porsunol liabilily hrcnus�� nf am- �
<br /> thing it mny do nr umif to do hi�mundrr. , .
<br /> In t6�• �•venl nt lhr do(aull by �lnrlga�;or in th�• paymrnl uf :iny insiallmenl, ati rrquirrd Iry� Ih�� tinl �• srcun•d horehy. nr � .
<br /> in thi• per(urmancr uf the ubli�;:itiun in this murh;aRe ur m thr nutr �i�cur��d U�rrrhy. llu� \tort�;:�t;� e vhnll ho �•nti�lyd l�� d�ti•lare lh� � �
<br /> debt secured hernbq due nnd payabl�� �rilhnul noltn•. :md th�• 91ur1 �;��tire• shall br rnt �tlyd nl rta uption. withuut nulirr. rither by itu•If ...:v,� .. . ,«.; . �.
<br /> or hY u ieccivrr tu be ��ppuintrrl My thr court ihereu(. and withoul rr�ard to lhv nd�Y�uac�' uf anv =ecurity fur lhi. indrbtednecs su•- � ' - a � �
<br /> cured hereby. to enter upnn nnd lnke• po,srssiun uf Ihe murl �;a�;i�d premises. and tn cnllert :ind r��c�•rve thi• rrnls. i. �ura nnd prufi�s . . � "` � .
<br /> .Y' f �- � hrreu(, and npply ih�• same. IetiS cust, of opernt �on and ce�llechon. ❑p��n Ihi� indrbt��dnrcn sr��umd hy thi> mnr��;ati��: said n•nts. � -
<br /> Livsucs ;md pmfits Ix�in;; hrrrby ns5itini�d �n lho hlnrl �;a�;���� ac (urthrr srcurity for Ilu• p:»•m��nt u( ;dl indo6t� dnrs� .�vvrrd hrn•bv.
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<br /> �I�he ;�lUr�gagi�t• shall hure !he puwc� �o appoiul :my n�;rnl or aF��nt . it m tv dv.im (ur I }ir pnrpu<r vl n•p.urin�; c�iiil prrrn- � .
<br /> � � ises: rrnting thr sumr: rollrc•lin� the rrnls. revenucv nnd �mnnu•. and d maq p.iy nut �d ,:iid mr� �mr :� II rcprn.� , fm�ivnvl in rrnt - � ...
<br /> � ing and m�ma�!inK thr v;mit� und o! roll��ctin�; fhr r�•n�:Ja Ihrrrfrnm. '1'hi• h:�l��ncr rrnminini:. if anc. .L:dl I �r :� ppli��d t� �w�u�d th�� � . . .
<br />� � disrhnr�;r af the murl�nRr ind�•bt�•dno>s. '1'hic n��i �; nm�•nt in fn Irrrnina� �• :m� i Iw�i•, nnr nnl ! :ind :� ,iil ui �� � n r� �l� ��r.r � �( Ihis m� rtic:�gr. �
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