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<br />'-�'� MORTGAGORS MAY MANE PREPAYMENTS OF PRINCIFAL ON ANY INSTAILMENT DUE DATE. SUCH PREPAYMENT SHALL BE .
<br /> � APPLIEO TO INSTALLMENTS I.AST TO BECOME DUE UNOER THIS MURTGFGE. PROY�DED THE UNDERSIGNED ARE NOT IN OEFAULT . �
<br /> AND ARE THEN THE OWNERS OF THE MORTGAGED PROPERTY, UPON REQUEST OF THE UNOERSIGNED, Oit EITHEH UF 7HEM, � .
<br /> PAYEE AGREES TO FURNISH TO THE UNDERSIGNED 300% OF SUCH PRINCIPAL PREPAYMENTS, UNLESS A�VANCEMENT IS PRO•
<br /> HIBI7ED BY THE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES THEN �N EfFECT. ALL SUCH ADVANCEMENTS �
<br /> � SHAIL BE SECURED BY THIS MORTGAGE IN THE SAME MANNER AND EFFECT AS IF NO PREPAYMENTS HAD DEEN MADE � � �
<br /> THF. MORTGAGOR FURTHF.R COVIsNANT5 AND AGRisES:
<br /> �j � � '19�n1 the �I�IarignK��r will pay Ihr II1fIPI)IP(II1P9Y ilti borrinbefnre prnvidrd. � � � � . . . � � '
<br /> � . 'PhnE �hc i�fbrlgagur ix �he ownrr of yaid property in fcc �implc and h�is tin�vl riitht nnd I:�wful rmthority tn ;rll - nnd � . � � �. � . � .
<br /> ' .�! . . c.vm•ey Ihc smne und lhat lhe same is Iree � m�d cleur of iiny lii`n nr rnrnmhrntic��; :uid thnt �lurtt7+n:��r will warcant nnd drfenrl fhe � . . . . .
<br /> title . lu � seid . premines aguiunt lhe claims uf nll persun�: whumsue�'ee . � . � � . . .. .
<br /> , �!�. � � � '1'o� �iny immediutely when due +md puynble nll tir,neral t.ixrs� spr<•ial tas��s, spi�ci;d ns..e .smrnls, wnt�r chnrbiti_ se�cer .ere- � . . �. .
<br /> 5--.; . ire clmrg�w, nnd ollmr tnxes and chnr„ev t�griinet said pmprr�y, and :�U li�xes levi� d m� �lhe debl srcived hereb�•, :md tu furnish fl�r . . . .
<br /> � hlurtgagee. upon r�Y�uesl, with ihe original or duplic.de . r��c<�ipis � h��n•(or. 'l�hi� nlurlgnA�� uRrcrs Ih��t � ihrre slmU bo uddrd to � � , . . .
<br /> � . c+�ch tnun�hly pr�yme+d required I�ereundcr � ur under Uic i�ridi�.ncr u[ debt xccured hrrreby nu nmuunt csiim:ded by Ihc �forlgiige�� . . .
<br /> ��. i � to bi: su(ficieq! to� i•�i�hle ihe Aldrli;n�;ce to p:q�. .is they �PCUf11P �IIIC. :III �:1X1`4. US�PStilill`UIS. 1101I simil;�r charties upon lh�� prrm� � � .
<br /> iv�v euhjir! thettto; tinY delicicncy Ix�ciiuse o[ tl�r insu(liciency uf such ndditiun:�l pnymm�ls xhall 6e furlh�cilh d�•pusiled by tLr . .
<br /> 11nT��;ngnr trilh� lh�• �lurlgugee upon denvmd by � hc \lt�rtgaguc. AnY dv(twll wtJrr ihin par.��ruph shnll br dr�anrd +t dr(nt�lt in .
<br /> �!�: j pnyment of li�zes. t�ssonsments. ur similxr chnr�:es r��quir�•d h�•n•und��c . . . .
<br /> `"�. , � '1'hr Morl�ngur :+;;rc��s Ihn� (hrrr �h:dl ul�u b�� nddcJ lu ��nch mnn161y pnYmi•nl uf prinrip:J ;u�d inlrrrsi rcrp�imd hrrr- - � � � � .
<br /> under im atnuunt rstimaled I�v lhe Diorty;i�t;co lu Le .iJlicicni In ��ntiblu lhi� �turttiu�;ce tu p�ip. ;�: it brrumrs dui�, the ins�umcr . � � � .
<br /> � premiwn on any inaurnnce pulicy d��liverrd to lhe \lurlgn�ci�. :1nv doficicnc�' hec.mee of U�r myullicirncv nl wch additional pn)'• . . � . . .
<br /> menls slvdl be forlhwith Jepusd�+d by lhr A4nrlgngur �eilli � hr �lurlgoge�� upon drnuq�d by Iho Norlga�;ce. Any drGa�lt under this �. . .
<br /> �:�' �f �mn��;raph .rh.dl br dei•m��d +� dr6iult in thi� puyment uf insurance premiuma. If lhe pulicr ur pulii�i��s d�•pu::itrd arr such u5 humo� � � � .
<br /> ;: � ; uwncr.r or nll risk pulicii•,. end ihe Jep�nitv nre in.u(lici��ni. lu pny Ihe entirr premium, l{lr I�IurlgnF�'�! mu>' nPPly ILr drpusil fn . � � . .
<br /> ;:. : i P��y I�mmiums on risl:s rvquircd !o h�� in<uri�d b}' this murfgny:e. .. .
<br /> ,�'� y Y:�ymenla mnde b)' Ihr 1lurlti:�gor uuder the u6nvr parn�; rnphr m;p�, +d U�c upliun o( lhe Alurlgn�;i•r, br Li�ld by it and - � � . .
<br /> ;: i c�nnmingled with olher such (w�ds or itc u��m fundti for thi• Paynu�nl n[ sucl� ilrmc. and wilil sn ;q�plird. such pnym��nts eirr hrrrbq . .
<br /> pl�vigi�l us securily for thi� unp�id b:dunee o[ Ihe mnrl�;aF�� indebtednoss.
<br /> K; � ; .. 'Tu pnnure; drli��i�r lo, nnd nmintuin (or lhi� hi�nrlil ot Ihn ntnrlg:igec durinl: lho li(e n( fhiv mort�;:i�;e urigimd policies imd .� . . � � .
<br /> renewnls the�n�f. deliren•d �d Icas�. len days In•forr tLe �•xpirn�ion o[ i+uy such ��olicien, in�uring aguinsl (iru �md ulhrr insur.�ble � .
<br /> `� �� hnzanls. cusuallics. +and cunlin�;encies - »s lhe rlorigagee m:q• rrquirr, in �m amuunt equnl lu ihe indebG�dnese sccured by this . . �
<br /> �� -�. ;� �ntortgt�ge, und in rompanics aca•pinble �o th�• �1or14agee, with loas P:+y:�blo cluuae in (aeur ut �md in form ara•ptiihl�• lu thr :�t�arlg�r . .
<br /> ge�•. In the eveut nny pulicy is not rrn�•wed on or brfnrr trn duys nf ila rzpirx�iun. lh�� Alurlgn�;i�e moy prucun� insurunce un thr . �
<br /> � improvements. P:�y the pmmium therefor. +md xucf� ,um SIIllII {1Pl'UI11P IIIIITICtIIiI�PI\' �IIIC if111I �)t1Vfll)IC N'INI intorc.l nl tf�e rnte vi�t . �
<br /> �'� f torth in said nole until P�id m�d shnll Le srcurod liy Ihi. murlRnge. Fi�ilure on Ihn pnrt n( flin binrlgngnr ln furnish .uch rcnr•wids , .
<br /> ns nre hi•rein rrquired ur tuilurc lo pay nny sums �id�•�mceJ Iu•rrundrr vhnll, nt Ih�+ option uf th�• Atnrt�;n};�•e. cnnslilule n dc(+ndt � . . �
<br /> undrr lhe tefnts u( (hiv mor�gtiRt�. �Che drlivery' o� sucli Pulirii�s shall. iu � he rvrnl uf dr(iiult. cunvlilide iin ��ssiKnmcnl uf Ihr wi• .. � .
<br /> oarnisl prcmium. ' � � � �
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<br /> :1ny sums rrceiw•d Ly' �hr \tortti��gcc bp re�isun u( loss ur d��m:itic insured llR:1111F� mny b�� rrUiined by Ihe Jturltiagre .
<br /> ��� �i iind applied townrd lhe paymenl of the drb� hrraby srcured, ur. nt the uplion nf tlic �torlFagei�, such yums cilhrr whullY or in � �
<br /> � pxrt muy M• pnid uvrr t�i lh.� Atorfgnl;�r tu IH� u �..,d In ropair .uch tiuildi��Rs ur Lu Luild nric 6uildinEs in Ihcir I�Int•e ur fur nny . . . .
<br /> nthcr purp�iu• ur uLject viliefuctory ln the Alortgnger withuul :11T�•cling lhe lirn un �he morl�;uge (or lh�+ fUll ntnuunl sprurr�� hen•- �
<br /> by b��furc wch p:p'ment �����•r I�nik placc. �
<br /> �� � ! 'Co prampllq repair. res�nrc ur rrbuild nuy Luildinps or impruvemrids nme ur hrnmfl��r nn thr premixes which m:�y he� � .
<br /> � come dnmal;ed or doslruy�kl : tn kcep said premixo, in �;�niJ rundilion and mpair imd frro frum iuq' mrc6anic's li��u or uther lien or
<br /> �� , cinim o( lien nut iapresvly �ulwrdimifrd tn lhr li��n hrrru(: nol in vu(ii�r ur prrmit imy unlawhd usi• nf or uny nui�unce �u ��xisf on . .
<br /> '. said properly nor tu prrtnil �v+�ste un said pfrmise+, m�r ln do nny Mher ucl �rherr6y Ihe prnpi•rly Itorrby cmn•irycd shnll Locome .
<br /> �� 1�•ss vnlun6le. ni�r lu diminish or imP��ir ils vnlue b�� any :�ct nr ��mi.sinn ln :ict : tu a�mpl>• wilh :il) rrquireinenl. uf la��� ��•itli m+pri•t .
<br /> - to thc mnr(�;ntird premisrs nnd thr u.e Lhoreat.
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<br /> 'I'hnt should thr prrmisrx ur +my p:irt �henv�t br tnkon ur dnnmgeJ by rrnsun n( :my public improvcmi•nt or enndNnmedinn �
<br /> '`' � proceccling. or under the righl u( eminent dumnin. or in �u�y othcr mann��r, tlir il9ort�;n�;�•c ehall bo i�ntitled to :dl rurnprnsnlionv. .
<br /> Y�� � nwurda. nnd nny nlher pnymenl ur relio( iherefur. ond shall 6e entitlod. nt ih optinn. lo cummence. :�ppear in rmd prux�rute in ils
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<br />� y. � own n«mc nny uction or PnwrcJiug, or tu makc any comPrumisn ur scltlrm�•n� in cunnocliun ailh yuch lnkinp or dntnngc. All such �
<br /> y: comp�•nsuliun� awiirdy. d�mm;;iw� righf nf ne([�,n mul Prore�tily nre hereLy ��..il:nrd In ihr Murl�atieo. �vLu mny. nf�er deduclinR .
<br /> - �� fhere(rom nll i�v ezpen�ey, relcace any -muures su rrceived by il ur appl�' lhe .nme un +mY indi�bledni�vs srcurcd liereby. 7'h�� \inrf •
<br /> � gaRuf tlgmes lo exr�vle such furlhi�r nsnlKnutenls oI ��ny i'ompemnliun. :uvurds, d��ma�;r.. �ind ritihLv uf aclion :wd pruc�•rds as lhc
<br /> t. . hlortgngee may require.
<br /> �. .fhol in casi� o( (ailure tu per[urm nny of the covenunla hiv�•in, tlu• �inrlga�;c�• nwy do un thr ;11nrlRu�;or'x 6rh�df rvep•lhing
<br /> � � �� �o cuvenmitrd; lh�d thu �turl{;ngre nu�y al::u do nny ncl. it nwy deem ner��su�ry lu prole•cl. thr lii•n ihi�rooL ihnt � hr ��lurtgu�;or will
<br /> a;� �. repny upon domand nnY mnneyY Pnid or disbuned by lhu �lortl:t�Fl�•� (��r anY of lhe nhoee purpuses, wid vuch mnnryn tugelher �ritl�
<br /> i� � interesl lhenvin nl the rale providrd in snid nole slcdl I�ecume nu nwdi ndditionnl indeb�rdnas. h��rrby .��rurrd nnd m�ry Iw• in- .
<br /> �. cludetl in uny decrec fareclosing lhia murl�;nge imd be p��id uul o ( the n�nls or procei�dy u( s:�le ��( .aid premises if no� otherwise
<br /> pnid: �hat it shnll not bn obligi�toq� upon tlu• Alurlgog�ti� tu inquirc inlu Ihc vnlidily of �my lii•n. rncuml;rnncrh, ur clnim in nd-
<br /> �, vnncing monc+yn ns r�bove authurized. but notliing hrrein cuntninecl �h��ll IK� con.trurd ns requirinti U�e \lurtg:�gr�• tn advance un7,
<br /> .. moneys for any nuch purP��sr nor to do :my nct hi�rrunder: xnd th��t Atnrlgngre shnll nut incur �uq� prnunnl IinLilil>' L��cuus�� of nny
<br /> ' lhing it mny du nr nmit in du Lrrowidor.
<br /> In ihr event of lhi� d��fmdt by Aiurtgugor in lho paY�»�•nt u( auy ins�:�llnu�nt, nc rrquin•el hy Ihe IVutr vrcun•d hi�n•hy. ur
<br /> - � in the prr[urmuntt u( Ihn ubligation in lhis murtgnge ur in Ihe no�e k�cured lhereby. lhc \inrlgnguC shull br ��nlillyd lu d��cl+�m Ihr
<br /> . � debt accurc�l hemby due and puy:�ble withoul uolice, w�d thr lfortgngcu shuil bc en(illyd u( ils oplim�. wilhnut nullcc. ��ilhrr hy Ilsrll �.
<br /> or by n rettiver lo Ix +ippuinliYl by Ihe courl ihrn•of. �md withaut rrtinnl to the nda�uncp ul nnY ni•curit}� fur Uir ind��blydm•�. u�' -.;� ,.
<br /> � cunrl hereby, lu enter upun und Inke possi+ssiun of lhi� murlg:�4ed pr�•mines. and lo culler.l. aud rrn•i���� th�• n•nt�, insurx nncl prufi�y . . M `r:• :
<br /> . thereoL and nppiy the smne. Iess custa of openation tmd collecliun. upon thi• indrbtednras .rcurrd Ly Ihis mur�gnge: said ronta, � lV ...,:
<br /> � issues ntul profiLw Ix�ing hirreby a�xsigned lo t.he Mnrtga�:�•e as further srcuritp for Ilie puymrnl uf nll indrirlydnc.s �:rrun•d herrby. � .
<br /> � ` � � 'Che Mortgngir sbnll have tho� pbwcs lo appoint nny agent ur ngenlv it may drsirc fur Ihr purpm�• n( ropa� nng w�id prrm- $`
<br /> � ises; renlin� the sume: collrclinK lhie � renls.� nrvenues nnd incame. nnd it rtiny puy ��ut uf .nid incumr �JI rrp�•rsr.+ inrurriYi i:i nmt� n •. .:�.:
<br /> � ing nnd .mnru�ging ihe snme xnd ot collecting the renhds thereRum. "I'hr Li�lnnce rrmaining. if +m>•. sh+�ll L�• :�pplird tnwnrd thr � :.
<br />� � diachnrge of lhe mnrttiiU;e indeht��Jnevn. "This as�ignmenl iti t�� irrmiu:dr >md INrnmr nnll :md vnid upun teli���s�• u( Ihis mnrl �ngr.
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