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<br />`�' �, MORTGAGORS MAY MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE DATE SUCH PREPAYMENT SHALL 8E
<br /> � ' APPLIED TO INSTALLMENTS LAST TO 6ECOME DUE UNDER THIS MORTGAGE. PROVIDED THE UNDERSIGNED ARE NOT IN DEFAULT
<br /> AND ARE THEN THE OWNERS OP THE MORTGAGE� PROPERTY, UPON REQUEST OF THE UNDERSIGNED, OR EITHER OF THEM,
<br /> PAYEE AGREES TO FURNISH TO THE UNpERSIGNED 300% OF SUCH PRINCIPAL PREPAYMENTS, UNLESS ADYANCEMENT IS PRO•
<br /> hIBITED 6Y THE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES THEN IN EFFECT. ALL SUCH ADVANCEMENTS
<br /> 5HALL OE SECURED BY THIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD OEEN MADE.
<br /> THG T10RTGAGOR rURTHliR COVrNANTS AND AGRI:IsS:
<br /> � 'Phnt Ihe Morlgagur will pny thr indrhlednesv ns hrminb��(nn• pruvidrd.
<br /> �. Thnt the T4or�gngor is the ownor af snirl prnpurty in G�c nimplr nnd hati �ood ri�ht rmd linv(ul nulhnrily ln s�•0 �md
<br /> � cunvev Ihe sume xnd thnt t.ha Saune is tmu and elenr of nny linn or rnrum6nmcr�: and th��t �1orly;a�:or H•ill w:vranl and d�•f��nd th�
<br /> � title to snid premi�;�s IIHIIIILSf the cluims nf nll per�ans whumvuerrr.
<br /> � Tu pay im�nedin�ely when due and payriblr nll grnrr¢d I �ixes. special tuzrs. sp��cial assessments. w�fi�r chaq;es. sewor sorv.
<br /> � ice chur�tw, a��r1 utl�er lexi,=. nnd churges agcjinst naid proprri}�, nnd ull Lrrces Ievird on the d��bl srcured herrby. �ind to (urnish the
<br /> - I�4nrtguFer. upon r��quest. with ihc original or duplicnle receipts �herr(or. 'I'h�^ D4urt�;aqor n�re�•s thet thrrr zhall he udded lo
<br /> rncli monthl>• Payment requirr.d hereunder or under thr �•ridi�nro u( deht sccumd Lerrb}' �m nmount estim:�t��.d by U�e \lortgagee
<br /> ' �o hr vuflicient lu ennble the M1tnrt�;ag��e tu p:�y. :Lti Ihey becnm<� due, all Lixes. nssrssmenl.s, and ;imilar chart;��s upnn fhe prem�
<br /> � � � iu�s subjec•t lhcaeW; m�y deliciency because o( Ihe i�uullicicncy uf vuch i�dditiontd payments sh�dl be. fnrt6wilii d��pueiled hy th�
<br /> - . �1ortguKor wilh thn MurIK:�R�'e uPun demand by ihi� Aiurtgagi•u. Any defaulL und��r this purakraUh shnll hr d�•��mrd :� dr[ault in
<br /> pnymeul o( laxes, ��vses.;ment,, ��r similair ehur�os rrquired hrmunder.
<br /> . 'fhr nlurtgri�;or ;igrr�•s that th��re shnll ul.o Li� uddrd tu �•ach munthly p:q•menl of ��rinripul and int��rrst rrquired here-
<br /> �. . � undur nn nmount i�atim�trd b!' ih�� hlurtg:�g��e tu L�� .ulticic•nt tu rnabli� lho llurl�;iigee lo p:iy, as i� Lra�rnos dur. �fir insurnnci•
<br /> � prrmium on any ineurnnce policy drlirrrrd tu tlu� 11arl�ngei�. :\ ny deficiunc}• bei•au�e nf � h�• in.ufliciency nf ,uch .iddilinnal puy�
<br /> � mcuts shnll be furtha�ith deposili•d br the ;Afurt ��gur wilh thr Atorl�:��;ec upun drm+qid by Ihr Aiort�ag�•��. Any de[aull under this
<br /> ,' �. para;;taph shxll lx• dr!•mrd n defauli in tho puynx�m u( insurance prrmiumv. If ( ho �Nilir�� or pnlici��, d��pn,i �rd ;ire such as home.
<br /> � nwnrro ur nll risk pulicicc, nnd the drpusifs are iusidlirienl tn pay the �•ntirr premium . Ihe \1��r1:;aRi•c mac npply th�� depnsil to
<br /> � pay Prrmiums on risks re�p�irrd tu bi� insurr•d by thi, ir�nrt;;a��•.
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<br /> � YaymrnLv mudr by ih�• Alurl�ngor undiv ihr nbo�•r p��ra�rnph, m;�y. :d th�� uptinn uf thE� :�1ur�gatirr. br h�dd by it und
<br /> cumminqleJ with ulh<�r vuch [und, ur its nwn (unils (ur Ihr pnymi•nt u( nuch ifrm., :mJ until so nppli��d, such payrnen�s :� m h��ml�v
<br /> �' � pl�•dgivl ns srcurily fu� fhi� unp,�id L:ilancr uf ih�• mort�:nge inde6trdness.
<br /> . "Pu procure. deliver lu, �md maintain (or Uir Lan<•tit n( lhr V1urlk�i�;r�� durin;; t6e life oi Ihi.: murt�;:r;�� aripinul pulicir, and .
<br /> � renewnls thc•mcrf. deliveresl at Irtist t��n da��s 1H�[ore Ihe rapiraliun u( amy sucfi pnlfcies. insurint; aFnin,l (ire and ulher msur:�ble
<br /> - h�izards. casualiics. nud contingencies ns the 11ort{;n;;ee m:n� n�quim. in ;u� amount rqwd lu ihe indohtrdnes9 srcurrd hy this
<br /> Dlortgage, and in eaimpanies :i�repWble tn l6c \IurtRagre. u�i� L Inn, pxyabli• clausr in (t�vur nf and in (urm accepinhli• ta Ihe Nort�a-
<br /> � gre. In ihe evrnt an>• policy is not r�•nrwi�i un ur Le[um t�•n d��pn uf its e�pirntion. thr �lurli;a�;�r mny prucure insuranco un Ih��
<br /> � improvnmeuls, pay the pmmiwn ther��fue and such sum 4ha11 6i�c:mio immrdintrly du�• and pnpnble with interest at thr rntr sel
<br /> �t' (nrlh in snid nolr until p�id and ehall la� s��currd L�� this m��riga;;e. I'.�ilure un ihe part nf thi• R1orl4���;��r tu turnish stich n�newalv
<br /> � as :vr herrin nK�ulred nr failure In pay nny .ums advanred horeundrr ;hall. at ih�� optiun u( U�r \IortRa�:ee. cunstitu[r n di•L•udt
<br /> �' � � under lhe tertns of thi.a mort7;n�e. "1'hr delivr�v o( such pulicies sivdl. in ll�r r�•rn� nE di•(:udf . <�nn.r-filutr :u� �i.;ipnm��nt o( Nic un�
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<br /> earmYi Premium.
<br /> �� Any� sums reccived by ihe AlorlgaK�K• bp rr.�,on nf Ic�s, ur damut�e insured a�;ainst mac br rrlaim�d In� lhr \lurt�:iFrr
<br /> � nnd nppli�vl toward Ihe• pAvmonl yd thr drbl h�•mLv .��currd. or. nt Ihi� nptinn nf Ih�• N��rt�;a�;o.•. .wrh sums �.ithrr u�hoily ur i❑
<br /> porf may 6t� paid nver ln lh�� Nurtga�;or �n bc usrd tu rrpair such 6uildinf�s ur iu build now buildinps �n lh��ir pincr ur (or :mp
<br /> ulhrr purpose ur obj[•e[ +:�tisfactor}• lu Uu• Sl �rr( t;a6r�• w�illinot :dlecline thr li�n un fh�� morl�;atie for th�• fuil nmuunl s��run•d herF�.
<br /> hy hc(urt� such paqmrnt cvrr GKik Pl.�cr.
<br /> : .Tn pranptly mpair. re,turr ur rchuild :m}� buildin�;s nr impruw�mcnls no��� ��r h�� ro:ifirr m� thr pn•mi.��a w6ich rn:n� Ix�-
<br /> r' � come (IJlllli/;l•(I ur deslrnp�vL tu kvrp caid premisrs in t;�wd cundiUun and mp��ir and (rc�r frorn any mrrh:mic�x lirn ur uthi�r lirn or
<br /> : claint of lirn nnt ��sprrssly subordin�lcd tu thr li��n Lrmo(: nu� tu suffnr ur prrmit any intla���(ul u>e u! ur :mt' nuis:�net• tu raist nn
<br /> . .saiJ prop�•rtV nur tu prrmi[ ���a=(i• un caid premise�. nur tu dn i�ny o� her nc� whrrnc� thr prnprrly hrr��b�� cunveped sh�dl hx�cumr
<br /> Icsx vahu�hle. nur lu diminish or imp�iir rt, caluo by nny nrl ur nmis;iun In ac� �. to i�nmply with nll royuimnirnLs nf I:nr �cith n�sp��ct
<br /> l�� th�� murtqaged prt�mises and th�• use thrre��f.
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<br /> . 'I'hal nhuuld thr pmmi>rs ur :my parl thrronf b�� takrn nr �Lunn�;ed bp n•asnn n[ au�� public imprnci�m�•ni or rond�•mn:{tion
<br /> � proceeding. ur midi•r lh�� ri�;iit uf rmine�ut dum.iin. nr in nny uther m.�nn�•r. th�, 11urtFnFur shall 6�� i•nlitlud in :dl <•umpensatinns,
<br /> - � awards, and any u6�rr paymenl or mli�f lhi�rrfue and tihall be enlill��d, nt il.; nptinn, to ��ammrnce. ;�pprur in :�nd prmnv[e in it�
<br /> �' � nw�n n:ime rmy acliun ur pnx:rrdin�;. ur to mnke any cumprumise ur .i•ulrmt�nt in cann��cliun wilh such �nkin�; ur dnm+i�;c. All �uch
<br /> romper�+atiun. :�wurd., damagis. righf uf acliun and prurr�+L: ;�rn hcrcby n�signrd tu ih�• \iurt�;:�g���•. �.�hu ma�•. aftrr Jrduetint;
<br /> thrre(rom ull iLc expr�iu�s, relc•use anv muurys su roc��ivrd by it ur :ipply lhe .nmr on ;un• indrblr+lm•s: srciired hereLy. 'The \1nrL
<br /> ga�;or i��rr�•s tu ��z�•ndv such furthrr a.4vi�nmrnt. o! nny c�mqrrn,nUun. a�vard,, dama�i•s. and ri�:h�; uf acfinn nnd prnrard. xs thr
<br /> 91ort�:nticc may rrquire.
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<br /> '1'hnt in cnse uf L�ilun• tn perfurm ;my � d ihi• ru��rnnnts h�•min. � he 1lnrlti���;er may du nn th�• \IurtKa4ur's 6�•hal( roen•thiuC
<br /> �� nrvrnnnl[�d : thut �hr �9or��agrc may alsu du nny ��cl it mnp di•rm nca�ssan' tu prulert ih�• lirn th�•�ro(: tlurt tiu• D1ur14:U:��r aill
<br /> � . repny upan d��rnnnd uny muneys pnid or disbuned by th�• Aturtg;µ;er (ur tmy u( thi• :ibuv�• purp��rs, iu�d such monrys tu�i•thrr willi
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<br /> in�erest lhereun i�t fh�� r:ue prnvidod in eaid notr shall bi•cnme su nwrh :�ddiliomd ind�•bf��dnrc. h�•rr�bp s��eumd :md may b�� in-
<br /> rluded in nny dreree turecl��sing lhix morlgage and Le p��id uut u [ ihe rrnts ur prucrrd, �d snl�� o( said pn�mis��. i( nnf utherH�i�e
<br /> € � pnid : lhnt it shnll not L�• ubli�;aLury up��n thr A7ur[�nger tu inqnin• into Ihi• validffy� n( an�� li��n. �•ncunil.ranccc, or i'I:�im in :�d-
<br /> . v;tneinl: muni�ys us abue�• nuthnrizod. hul nuthint; herriu cunt��inrd sL:dl In• cun<frurd a, rcyuirinp � 6c lfurt �n�:er tn :�d��nur�• nny
<br /> }. muneys for any such purpuse nor to du amy acl hen�undrr, :ind ih:�[ �lurlga4re sludl nnt �nrur :�nr ��vr=un:� l linbilit}• hrr:uis�• nf nny.
<br />. � fhing it mny do ur umit to d�� hrn•und��r.
<br /> � In lh�• rvent u( ihe dr(uull 6y A1nrtgi�gor in � hr payrnrnt uf nm� inslnllrn��nL �+. n•ywn•d 6g � h�• \�dr <�.currd h��rrbv. nr
<br /> 9 in the pedurmuncr o[ the oblignlion in this morl �;�i�;i• or in thr nub• :ecunvl Ihen�by. the �turl�;:iger .h�ill Lr rntitL•d t� � d��clnrr thr
<br /> drbY.securEv3 herrby dw• und payuble withuut ni�ticr. and lho \tnrl�;u�;ro shiJl Lr rntiUed nt �is uplion. withnul nuticr. ��ilh��r hy il�ell
<br /> ur Ly a mccivi�r to be .�ppuintivl by the caurl th�•reuf. ;�nd wilhoul rr4ard tu the :idryaacs �,f any .��curily f��r th�� indrbtodn�•ss .u•- . � � ,;.. : � .
<br /> cured liere6y. to enli•r upon .ind t�ikr pus.rssiun u( ihe nwrt�;ar:ed premisi�.. :�nd lu cnllrct nnd n•ccivr th�� n•nts. i�sw•, nnd prolits � , �` �`'. .
<br /> themof. und upply Ihe vume�. I[sx cusln a( o�n�nttinn nnd i�ollectiun. upnn Ih�• inde6todnccv ti��cumd hy Ihis mortwn�;i•: .aid rrn�s. N . . . ..
<br /> Lic�urs :md prnfils fx�in� here6y a�signed to ihr �1url�;agri� ns (urlhrr srrurity (ur th�� pacm��n� ut +JI iud��bli�dni•.s �irumd hrrrlry �
<br /> 'I�hr MortgtlR�'e shnll hnve the puwi�r to nppuml �tny ��genl ur a��vtls il mav di�.in• Inr thv purpusr n( n•puirin�; s:�id prrm � � .
<br />� i.crs; rrnGn� the samr, cullrrting the rrnts. revenues nnd incumr. und il m:�y pny out ��f s:iid inrunv all rspons��s incurnrl in n•nb �
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<br /> e �� ing and mannging the �nnr, nnd a( cullrcting the renhils lherefrum. 'I'h�• 6alanr�� mmniniu�;. i( :� nc. shall h�• ap��li��d �nward thr tft
<br />�' divchiir e af thc mnrt � i ind��6a�dness. '1'his ����;i nm��n� is In trrmin:ur nnd Iw�cumr null �ind ��� ��id u � n n•Ir�nr u( ihi. murtcn�;r.
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