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<br />� � 76- � � � ?_. 53
<br /> MORTGAGORS MAY MAKE PREPIIYMENTS OF PRINCIPO,L ON ANY INSTAILMENT DUE DATE. SUCH PREPAYMENT SHALL BE
<br /> � APPLIED TO INSTALLMENTS LAST TO BECOME OUE UNDER THIS MORTGAGE. PROVIDED 7HE UNDERSIGNED ARE NOT IN DEFAULT
<br /> AND ARE THEN 7HE OWNERS OF Tf;E MORTGAGED PROPERTY, UPON REQUEST OF THE UNDERS�GNED, OR EITHER OF TI1EM,
<br /> PAYEE AGREES� TO FURNISH TO THE UNDERSIGNED 300% OF SUCH PRINCIPAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO•
<br /> HIBITEO BY THE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCH ADVANCEMENTS
<br /> SHALL BE SECURED BY TNIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD �EEN MADE.
<br /> l THE h90RTGAGOR FURTHER CnVIiNANTS AND A(:RfI:S:
<br /> � '1'hnk the h4orlt;ngor will pny the indrhl�wlnrsv us her��inb��furc• pravidrd.
<br /> 'I'hat thi• Afortgagur in thc uwncr of soid properly in (i�r �implo :md h.�x 4w�d ritihl nnd lu�rful aulhorih• to ,rll nnd
<br /> cume>' the same dud thal thr• seme in free. nnd denr of uny li�ai nr rncwnLnmco: nnd thnt nturltingnr �vill �vnrrant nnd d��frnd thc
<br /> � title lu wiid premises aguinst the cluims of nll P�`rson, �rhomxuover.
<br /> . Tu pay immediidcly when Jue :ind priynble nll Re.ner+�l tuxi�a. �pecii�l luces, sp�>ci:�l ��ssr;.,men�s� «:der ch�rGes. sew��r ,erv-
<br /> . ice chnrges. and other inxes und clmrgc�v t�guinnt snid prop�•rl�•. :u�d all Inxes I�vi��d un th�� drbt srrumd herrby. mid Lo furnixh Iho
<br /> ��. h�lortgnger, upon reyueai , wiih ihe oritiimil or duplicete reccipl, th��ndue 'Chr Morl�;agor ugrrev lh��t there .h:d! bc �dded in
<br /> � ettch manthlY Pnyment requircd hi•reundrr or under the vvidi�ncr ut debt srcured hrre6y nn urnuunl eslimated fry the Morlgagec
<br /> lo hr �u�cirnt lo enuble the �1orlg[ik�'�' fo pay. ;�s ihey bec��me dm�. all i:ixes. nssrssmi�nts. and aimiliv chur�;es upon thr Prem�
<br /> is��s subject lheri��o; imy defici�•ncy Lecewsi� uf tl�r insutliciency of snch nddilion.�l paymrnts sh+Jl be furtii��'ilh depoaited hy ihr .
<br /> �1orlRngor �ci�h lhe �7orl8agee up�m d�•mnnd Ly lhr �4orl;;ngec. Any d��Lnilt �mdrr thi�: parutir.�ph shull h�� drrmed i� d��f+ud� in
<br /> � pnyment n( laxcv, aase+>mrnf,. or similm� c6arKrs mquirod hrn•undrr.
<br /> �. 1'hr �iurttii�gnr ii�;reos lhn� t.here vhall :ilsu 6a nddeJ lo r;�rh mm�tbly pnywru� u( princiPal :md inlvrest reyuired herr
<br /> w�der �m umount c,timalod bp Ihe \lurt�;nK�'�' lu br sutticirnl ln i•n��ble the \turl�;a�[•e lu pap, ns if hec��mr. due. th�� insurance
<br /> z � premium un nny insurunce pulicq di•liverrd lu Ihr \i �,rt�agei�. AnY d�•licirncy becaus�� of � hr in=utlicieucy ��` such addilionul pa},.
<br /> ments .h:dl b�+ furtha•ith d��pnsitod by � hr biurf �:��;ar �t•ith tl�r �turt�;au:��e uP���i <I�•in:y�d Ly lh�� iifori ��i�;er. Any drfatdt undrr this
<br /> � pnraitirapfi sh7a11 Ix• deem�vi �i dr(ault in ihe p;rymrnt u( insurance premiwns. I ( ihr p��licy ur pulicies �li�po::�t��d �vu surh :is hn�ni�-
<br /> ' m�•nen o� id� �iak pu�icies. .�nd l�le drpusils i��e insufliritail. fu pn}' Ihm ruti ��� pi'c•mlum. lhr :�1nr14��R�'�' ���:�Y' ��PPIV t}�r drposll to
<br /> x. pny Prrmiumv un riska rrquin•d tu Lc insurrd by ihis mnrtl;:u;u.
<br /> Ynymenls made by the \1nrlFngor wid��r ihr uLuer pnr.�grnpiu mny. :u lhr nptiun uf lhe plurlgn�;ci'. bo hrlJ by il and
<br /> �. commingled H�ith olher nuch funds ur its own (unds fur ih�• paym�rnt of such itc•ms. and until ,n .ipplied. sueh paymrnfs �� rr h�•rrby
<br /> y. pI�KIF�•d as necurily (or lhe unpaid Lalance u( the mur� gaR�� indi•blydnesv.
<br /> 'Pu procure, d��livrr tn, and nt;�inL•�in fur lh�� brnvlil u( lhr ilfurttin�;er durinl; lhr li(e ui tlii� mnrl�;n{:e ori;;inal policies and
<br /> renewnls lheny�f. dclivered id laut ien d��ys I�[nre thr rzpiraliun u( :my .uch policics. insurin�; :q:uinst (ire and uthrr in=ura6le
<br /> hciznnis. casuulties. :u�d cunlingencire »s Ihc nlor(R+�K�•e map� r�vpiire. in m� amnunt rqunl lu i6c indebtednes9 srcurrd Lp Ihis
<br /> :�fortgagi•. nnd in cumpanirs arcepiable lu fhr A1nrt {��i�;e�', wiih luss p;rv.+ble cl�u�..r in fi�eur uf +wd in funn uccept.ihle In the \1urf�a-
<br /> '� gee. In (hr event any pulicy ie nul rrnrw�•d un or brfun• trn d:�ys u( ilx rsPirxtinn, tl�r A1nrl�;agr�• may procun• insurunce un the
<br /> ,i impruvemenls. pny the pn•mium lherrFur, �ud such ,um shall b��cumr immedi�dely duc and pnyahle ���ith inloresl ai thr rnie set
<br /> [orth in snid nota wiiil P+�id nnd sl��dl be srcurcd by Ihi. murtpn�e. I•';iilure nn thr P��rt nf ihr Alnrtga„ur t�� (urnisli ,urh renewals
<br /> as nre hemin requircd or tailurr lo pay +ury swns .idc:uu��d hon•undrr ehall . al tIu• uptiun u( Ihr �1ort�;n;;r��, cunstilule a drfnult
<br /> wider lhe termy u( lhis murlgi�gi�. "I'he drlivery of ;uch pnlicir; sh�ill. in the �•v�•nl af di•(aull . c��nstitufo an �issignmrnt u( lhr um
<br /> - rnmcYl prcmium.
<br /> � :� nv sums rrccived by the �1urlKvgce liy mn,uu �d lovs ur domagi� insured a�:ai�ut m:ry 6i• ret:�iw•d by Ih�� Alurtaagre
<br /> '� zind applied low•nrd �ho poyment u( the dr61 h��reby s��currd, or. i�l ihe npiinn uf Ihe 41ort1:ngee. such sums �•ilhrr wholly ur in
<br /> kpiirt n�iay bi� paid nvi•r �n tLr Alortgagur in be ue�•d to n.pair euch huildint:+ ��r lo huild ncw 6uildings in Uirir plui•r ur fnr �ny
<br /> other purpo.e ur uLject v�tisfnctnry ��� � hr \furlgn�;er �vifh��ul niTrclin{: ihe li�•n un thr marlgugi• (nr Iho hJl nmawd �rcurrd hrrr-
<br /> Vrc b��(orc .ueh p:n'mrnt i•vi•r l�K�k placv.
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<br /> �i 'Co prnmp� lV rrpnir. n�etum nr rrbuild :my building> ur m�pru��cmcnls nnw nr h��rrnll�•r un thi• prcmi.rs K�liirh m.ry hr.
<br /> � come damu�:ed or di�,lruy��l ; lu keep suid pn•misrs in �;�wd conditiun ,�nd repair nnd (rr�• frurn miy mri•6fmicr li�•n ur uther lirn nr
<br /> claim nf lirn nul rxpnv,sly suLurdin�itrd In 16r li��n h�•n•nl: nul to sulTrr ur prrinit nn}' wd.nvful u.r u( ur :in>� nuisnncc lo eaisf un
<br /> +nid Prupi•rty nur lo permit �e.tste on nnid premiae�, nnr In du �my olhi�r act whorrLl' Ihv prup��rf}• hi•rrbV runv�•yrd nhall fH�com��
<br /> ". . Ic.�s vnlWtble, nur lu diminish ur impair its v:ilui• by an}• :�rl or ��mis.iun in ��cL I�� i•� �mPle �cilh :ill mquin•im•nls u( In�c �vith rr.piti•l.
<br /> fn ih� mor�guL'�•d premines and the usi• Ihi�rcu(.
<br /> 'Phal sl�uuld ih�� prrmi;e� ur uny Part Ihereuf Im h�ki•n ur danwged by re�e,un n( :my public impruvi•mrnt ur cundrmn:�tion
<br /> prxe.viing, ur under th�• right o( ��minent domain, ur in any uU�cr mannrr. � h�� \i� �rt �;n�;er sh�dl bi• rnlit6�d tn nll i•ump��n.adion.c,
<br /> nwarJs, and anY olher payment ur mlirt ihrre[ue :�nd shall h�� vntitli��l. ;il il. up� ion, l�� rummencr. app��ar iu and pnriru �e m its
<br /> nwn nnmu :uiy aiclion ur prucr��din�. or lu mak�� m�y cumprumise ur �rtdemeut in cunnrclinn wiih .uch lakin�; ur Jamu�e All such
<br /> � i•nmpennalinn. mvardx. dnmt��;��, ri�tht nt iutiun nnd Pruc�•ivla nrr h��rvbp ��x+igned lo the �tnrtgagei•. w�hn nmy. after drdurling
<br /> + thcrr(mm tdl iLs expensrs. n•Icasc nnY �noni�ys nu rrcrived b>' it ur +y�ply ( hu nxme un .�n7 inil�•6irdnrss sri�urrd Lrrrb)'. 'fhr \inrl-
<br /> i' {;nKor ngre�r lo ezitiule sue.h hirther �ssignmouls uf any cump�•nsaliun. award.a, d�um�ti�•,. :ind ri�;hl.a u( nr. liun :u�d proc�•�•�1� �u lhi�
<br /> �' At��rl�;ri�;cY+ mey requirv.
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<br /> Thnt in ease nf (ailunr to perform airv uf thr cuveniuil, hrrcin. do� \1orl�;s�;r�• m:i>' du un thr \tort;;;��;nr's LehiJt rvrryfhing
<br /> .0 covennnled ; thnt lhi� Dtartgtigre miiy aisu dn nny act it m:iy d��rm n��cre.4� ry lu pru�rcl thr li��n lhrn•uC W:+t t6e 1lnrtgngur ���ill
<br /> �: rrpny upon d�•mand nny mom�ys pnid ur disburard bv the :�lortRaArc (or any uf ihr a6uvo purP«r;. :md vuc�h mnnrps �u�rtlirr �.ilh
<br /> inte��yt lhrrcun ut lht� rali• pr�rvidod in +++id uulr shall Lecum�• �n mw•h adJitiun;�l indi•I�t�•dm�ss hi•rrbr s���•umd nnd m;�y IH� im
<br /> f' fILL(IL'(j in imy decree (ureclusinti fhix m�irlgnge and L�• paid uW u ( the r�•nls ur prucced, o( salr uf .nid Pn�mines i [ nul uthi•rwise
<br /> ��� paid : thut it shall nol b�� ublitiutury upun thr \luri�;agee �u inquiro inlu thr ��alidily uf any li�•n. ��nruml��rmc��s. �a �•Iriim in ud•
<br /> v.�ncing munry:; us iibo�•r auU�nrized. but nulhin�; h��rein cunl.�inrd vh:�ll IH� cun..lru�•d ;�s nK�uinut: Ihe 1lurtt;agi•r �n ndewicr nnq
<br /> muncys (or m�y such pur{Kisc nor to do any art h�•rrund�•r, �� nd Ui :it htorlti�n;�•r �ludl not im•ur �nq� P�' nonal liahili�y brruusr n( nny .
<br /> thing it mity dn ur umi� to d�� hcrv�und�•r.
<br /> In lhr rcrn� u! tLc dc(�iull by 1lurtgugor in IL�� p��ymi�nt uf a �q• in.t:dlmrnl . a� requirrd Ly ❑ir Nulo sr��urrd h��n•hy. ur
<br /> in lhe pedormnnce nf lhe ublitin�ion in lhis mortguge or in Ihr nutr srcurrd U�rmby, lhe \turt�;ager ehnll I,�• ��ntitl�•d tu d,��dera �hr .
<br /> . debt se.�cured hi�mby due +�nd pnyable withoul nolicr. end lhe Aluf��O�;PC 4�ll1II �1D vI1�1�I�'tI :Il IIK u�IllUll. N9lllulll n�dic��. eithrr 6y iL:rl! _ I .
<br /> ur by x rcceiver ln !a• uPPuintiYl Iry lhe courl thrn��L und withuut reti.ird lu the ndiv�uacq nf :+ny zrrurily (ur ihr indrbtrdne.s u.. .
<br /> cured hereb5'. t�� enlrr upon :md fuk<� pussessiun uf the rnur�6n�;ed prerni!:es. iwd tu cullrcl :md rrt•riw• � hr rrnts. issu�•a and prulils , s !"'�
<br /> thereo[. nnd npply t6�• umie. leas cu�lv of u�Nrrntion ond cullectiun. upuu ihe ind��blydm>ti •< <'un•J Lp Ilv, uwrfg�ige. � ud n�nts, N
<br /> � iatiucs and pt'ufi�v Ixing hcrcLy ns.igncd ta lh�• Mur�tin�;rr av furUu� r s�•rurily G�r lh�• parnu•nl nf �dl ind�•htrdm�s: .,�•u�rrd h� n Lp. . � . .
<br />� � 'I�he MortgnKee sholl huvu tlir power to nppuint nnY ngrnl ur nRenl . it ma�. �I�•,irr f� �r Ilic I��� rp� �.�• ol n pi�inn�; ,.wl pn•�n � '�' '.
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<br /> i�es; renting the nume: cull�wting the r�•nls, revenu�•s uud iucume . +�nd it may pay uut uf v:iid imvnnr :dl �•� p�•n>�•. inrurn+ l in n�nb �
<br />�. �� ing nnd mnnxging th� snmc m�d u( c�dlccling lhi• r�•ntuls th��ndrnm. "l�hi• biilencr n�m:�inint;. if nnp , shnll hi� :� pplird I��w:�rd Ihr �
<br /> s� � diarhurl;�• of lhi• morlgnge indoLtrdnr;v. T6is ��s�i�:nmrnl is tu Irrmiunlr :uul Ix�cum�• null and ��aiJ uPan n4�•u.�. � �f ILi.. mnrtcuRv. . <;:
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