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<br />� ' � ' 76- QO � 679
<br /> Y MORTGAGORS MAY fdAKE PREPAYMENTS OF pRINCIPAI ON ANY INSTALLMENi DUE DATE. SUCH PREPAYMENT SHALL E3E
<br />" APPLIED TO INSTALLMENTS LAST TQ UECOME DUC• 11NDER THIS MpRTGAGE, PROVIDED ThIE 11NDER5IGNED ARE NOT IN DEFAULT
<br /> . AND ARE THEN THE OWNERS OF THE MRRTGAGED PROPERTY, UPON REQUEST OF THE UNDERSIGNEO, OR EITHER OF TH[M, � � �
<br /> PAYEE AGREES TO FURNISH TU THE UNDERSIGNED 100% OF SUCH PRINCIPAL PREPAYMENTS, UNLESS ADVANCEMENT IS PRO•
<br /> HIBITED [3Y THE REGULATIONS OF CHARTERING �AND SUPERVISORY AU7NORITIkS THEN M � EFfECT. ALL SUCN ADVANCEME(VTS - . � . .
<br /> SHALI. BESECUREp BY 7HI5 MORTGAGH IN THE SAME MANNER AND EFFECT AS IP NO PREPAYMENTS HAD BEEN MADE.
<br /> THR 1190R7'GAGpR rUR'CII['sR COVENANI'S AN❑ AGRIsFS :
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<br /> . . � � 7'hul the. M1lurlgagor �eill puy � fh�� ind��Ltednces as hrrrinL��fnr�• ��ruvided. � . � . . . .
<br /> '�� � � � 'Chat �he Mortf;ugnris thr nwner o[ aa+id prop��rty in frr simple � uncl h:�s �;orHl rigld and In�vhil :�utl�ority �u Yrli und . . � . . � . . .
<br /> . com�ey �ho snmo imd lhnt the snmr i.v Rr�� � nnd clrar nf uny �iru or ��ncwnbrxno�•: aud that �1orlFn�;��r will w�r� rnmt und d��frn�� the � � � � � .
<br /> � title � .to suid� premisav af;uinnL Utr. clnims cd i�l� pctscma �v6omnnovor. � � � - . �� � � .
<br /> ' �� , � � '1'u pny irntnrdi�dely H•Len due; xtid pnynhle ��Il �;en�•ral iiixes. specinl trasr.s. speciui ntisescnurn4ti, �cal�•r chrv6�.+� �c�.v��r serv- � . . � . . � � . .
<br /> � � . ic�+ churg�s. smd pther tiuey nnd churgi�s ugdin5l a:�id prupi•rty, and nll tazrs l��vi��d un tha d��hl si�eumd Li�rrby. imd tu furnivli thv � . � � .
<br /> . hlortgagec, . upun reyw�st. witli ihc origin:il or duplicate � recciPts Ihi�re(or. 7'lu• Alurb;agor . ���;tres 16n1 lhere �tliall 6c tiddrd Io . � . .. � .
<br /> � each� moulidy �un'mout rvyuired� hereunJr. r or under the rviJimc�� of di•ht se�ured here�L4 :m nmuuni i•slimcder! by the 1lorlgnr,cr � . . � . . . .
<br /> io Ue- � suRicienl tu i�nn6le thr Mortqa;;re to pa�', as they becntne duc, all luaos, n�s��:��tnouls. nud nimilur cluu„i•; upon ll�e pram � � .
<br /> iscs subject thereto; �ttq' deficiency bec�iuse uf � lhi� insu0icirncp u( such :iddilion:�l p;q�inents shnll 6e tur� liu��ll� depusiled 6y Ihr �� � � . .
<br /> ',�� { lforl�;n�;or ��•ith Ihr p4urtgng��c iqx�n dcmand In� Ih�� '�turti:.�tiea. Any didnidt undcr this purn{!rnph vfuill Le di�cnx�d n d��fuull iu . . . .
<br /> � payment of te�xev: ;�esevsmenl:. or similar chnr�;r� rcquir�•d hi�re.under. - . . ���
<br /> . . '1'he A1urt�;+r:ur a�;rres Ilv�l ihcre sl�aill ;ilsu hr :iddrd lu r:u•h innnthly pnytnr•nt ui prinrip:d ;inrl intem�;t. rnquirrd here� � .. � �
<br /> . undcr an nmuu�l. e�stimafi�d by !hr \toriy;:i„rr lu 6�� �ullirirnt tn cn�iblc iho Jtorl �agoc lu p.i��, a, il breurnos dur. ihr iusurunrc �. . . . � . .
<br /> . . I�remium nn nny in.unu�ee• pnliey drlivorod tu ll�r 1lnrlgatieu. Any d� �ficiimey Ix�enuso nl' Ih�• invidlieieui�v nf surh additiunul pay- . � .
<br /> " , � nu•uts ahall �� [orthwith dr�x�sitrd hy iho �torik:�gur o�ilh thc Atorlgngce upon J��ncmd by thc �turqt+�R�`�'. Any di�[mdl uudrr this � . . - . � � ..
<br /> parngre�pkshnit b<• dretucd :i . deL•mli in thc paymrni of innuranrc premiwus. I ( �hr pnlic�: � �r pulieira drpo,il�•d iuc nuch u< humo- � . � � .
<br /> . :i uwners ar ull risk policivv. an�l llie drpusils ura iusuificirni. tu pny Ih�� imlire premiurn. Ifu 91orIF�u;ee m.�y npply the drpovit fo � . .� . . � .
<br /> � pn}� prctniums m� rinks rrquin•d tn he insured by this iaor��;�q;c.� . , � . �
<br /> Yaymenls mudc by dur \lort;;a�;or under ihr ;iburo p:�raFri�phy mn��. :d tho ��plion n( Uir �furfit+��;�•r, br h��id hy it nnd. � . � . . .
<br /> eummin�;lpd �ei� h ulher tiuch fundn ur ih uwn fundx lur � he p.i}� meal u( surli il��ms, nnd unlil so applird . such R:��'mrnts n�o hereb�• . � . . � .
<br /> . pl�•dgod as svcurily (ur Ihn unpaid b;dnuro uf thc ntort�:;r;v inJebl�•dno.,. . . .
<br /> '. 'I'u pn�cure, di•lic��r io. and muininin (ur 16r benefit n( ihr \1urlC:�R���' �Inrinl: U�e lifo u[ 16is nxn't�;+�{;e uri�:inal P��licio.v tuid - �� � �.:
<br /> � . � ` rene��^uls thenro[. dclicivod .•�Y ��+ntit Ien dfl��� Lrfi�ro Ihe t•�piraliun nf auy wch pulicias. m�:uring nG+�inst � ire nnd nlher insurnl�lr � . .
<br /> . 'j hazo-�nl5. r.�suultie::, ;md cun� in�;vt�cirs :�a th�� \inrtgxFer muy r��quirt�. in an �unnunt. ryn:d fo fhe indi�blydnevN .irured by Ihin . � . . �.
<br /> . -[ . A4orlgagq itnd in comp+inie. � accept��ble to thr n4url�;i�gee, �cilh loss pi�yuhl�• cluu�c in f��ei,r uf mid in furm aci�eplable lu Itu� Aturlgo- � . � . . �
<br /> . geu. In th�� �w¢nt einy pulicy is nut mnew�vl un ur bolun• Irn days ut it�: rcpiratinn, lhe i\lurl�;:i�rr may Nrucun� insur:me�� un Ilu• �. . � .
<br /> imPrnvemeutc. P�ty lhc prrtni�m� thcrefnt und suc:h <iun sh:dl bi�i�.�me inunediidi�lp duc nnd p.i)'��bl�� �vith inlrrosl ;rt ihr riife .et � . . � �. � ..
<br /> . Girth in snid nutn unlil paid :u�d shnll bo s��rured L�� Ihiv mnrt ::;q:c I��niliu�r on 16r �!nrt uf Ilu� I�turlG;�'���r tn fianinh such rrnrw,d. . �. . � . � �
<br /> � .as :�re hrr�•in reyu'ved ur Giilure lu p.iy nny surm :uh�nn�oil hrn•wid��r sh:ill , al Ih�• nption u( th�� 01nrl �;n�;rr, rnn.tihdr u drfm�ll . .
<br /> � � under. the tcrnm of lhiv murfe;n:�•. '1'li. Jriiven' o( such pnlirias s}inll. in Yhe rv�•ni of d�d�udt . ounslifuG• ��u ;i.;si�:nmrnl n( Ihr un- � � . .
<br /> ; Plll'111vI �)fi'ITIIUIIL . � . - � . � .
<br /> .� .AIIF SUf11Y ClY'1•1A'uf� �1}' � �I@ ��OI'��;,1�('e �t}' PC114U❑ u� jniti nf ��1If11ppU Ip,qlPl(� .1'n'�Ilfl.`�( fI1llP �IP (1`�JIIIP(� ��l' IFIC �� Uff�;ll{;O�J . . �. . � .
<br /> ,;� � . � :�nd itpplird townrd ILc p:�ymenl nl � th�• drLf hrrrby srcurrd. �ir. :rt thu nptiun ot Ihc 3lortt;acra, such sums ��ithor whufh� ur in . - . . . . .
<br /> � pnrt may ba p��id uvcr In thr �lurig;igor tu br u.��d tu ropnir wch Luildin�:s ur t �� buHd n���v Laildin�. in thoir �dan• nr fur nny �
<br /> ��-. � 7 nlher purP�*�• ��r ulrject nntis(iu�nry lo th�� Alurl�taqer wilhuut :dTeclim: Ih�� li��n un !h�• murt�agr fur 16r (tdl nnmunt svi•urrd herr . � . .
<br /> � ' � j hy hoforn wch payin��nt ovrr I�w�k pli�u•. � . .
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<br /> _� i 'Cu prurnpll}' rrpuir. m.turr nr r�.�huild �iny builditq:s ur impruc��monl� nu�a or hrrcnf�rr un th�� pr�•wi.cs t� idc6 umv 6r. . � . � . �
<br /> L:- j romr Januu:ed ur deslrnyrvl : lo I:rep s:� id prrmi�as in c�*,d cuuditiuu :� nd n•pnir ;md (mr frutn :my rm•oimnii•'e Iion ur uthrr liun or . .. .
<br /> - eluim uf lirn no� ���pre.cslp .;uLnrdini�t�•d lu tlio lien hrrr�uf: nut tir sulT��r ur I�rnnit any uulnw(ul udr nl nr ��uv uui=:m�•�• tu rxist un . . .
<br /> ` � �aid proprrty nur lu p��rmil wu,te nn .nid prrmisrs. n� �r tu du :m�� ulher ac� �vhrrrLy' 16r ��rnprrty hrrr�fry rutn�r��rd ah:�ll Lrrnme � � .
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<br /> � � � Iess vnlunhle. nnr In dimiuiah or imP:�ir ils v;due by ;ni1' :tei nr utni,niun tu ucl : fn r� •nyd�: ��� illi nll rrqnirrmrni. n( Li�+� �eii6 n�sp��i•t
<br /> j- '. tn Ihu nu�rlvn�;rd premi,�•s �md � hr usc Uu�n•nf.
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<br /> s .� � 'l�lui! vhould �Ju� pmmisiw ur :�ny part � hrmuf br Inl;�•u ur il�umil:ed bp m:��nn c�I any puLli¢ impn�v���nrnl ,.ir rnnd��inn;iliun
<br /> �1_ � pruceeding. ur under the ri;:lit ul� ciuinrnt. domuin. ur in :ino ulhrr m:uvi�.r, the ��toii ,::u:rc ,h;dl hr �•niiUcd I�� all rmup��nration:;. .
<br /> �_ �, ; award�, und anv othrr pn5�ni�nt ur «di�r[ tlu�refur. nmi shnll L�• entilli•J. nt il, opli��u. h� r� �nu�irucr. ;ipp��ar in ;imi pna�v�wr in its
<br /> . : i own m+m�� xm• ��eliun ur prucrvdin�;. nr lu rn:�lur anp c��Inpfmui;;e ur c�� ltlrmrnl iu ruunreli��n �vilL ,uch lnl:i�4: or d:nnui:t•. :\I� such �
<br /> i' . � i•otnpenvxtinn. awnrds. Jmm�Krs. riRLt . uf scliun �iud prucred> �u'r Lercl,y �w4ipnril �u ihi� \lurtgaE:r��. �chu maq. all��r de�Jui'limt
<br /> thi�re(rom nll its cap�•nri�:, n-Ira.�r :u�y moncys �o rrcriv��rl b�� ii i� r np�dy tlio c:niu• uu un)' indrlrt�vinraa .rrun•d 6��mb�'. 'I�hr Alort-
<br /> `� l:+�gu[ ngrev. In exrcuto such lurllwr n.sil:nmenL�; �rf nnp cvm� mn�nlinn. mc:irde:. d.im:r.�•.. ,�nd ri„hl. r.f .icfinn nnd prnrrrd� u� Ihe
<br /> Tturtgxl:�'�• �»>�Y n•quin•.
<br /> ' 'I'h�d in cas�• u( Liilurr tu pi•rfurrn nny n( Ih�• r�rven:nn. Lrmin. 16�.� �1or1 �::�.".ur mny' dn un ihi� \lnrl�;a::ur�v b�•h:d ( .•vrn�lhinl:
<br /> :o cuvennn�rd: ihnt Wo lfuit;;���;c�i� m�iy :d,u du :wy art i ! nu»• �icem n��c��..�ir1' In prun•rt thi• li��n Ilu� reol: lhai die \lorl !:agi,r will
<br /> ! � � rep�iy upun dctnwtd unY mun��ys Paid �.ir disburnod hy Uic �lurtt;nY.��c (ur mp• af Uir �i6ucr purprnev. :uid vuch tnunry< im:ethrr �rifh
<br /> inlerest Ihoreun id Ihe rnte Prnvided in �,iid uuti� sh�dl br��nme su mucL a�dditiun:d indvblodnrsr horeL�� ,:crurrd unJ m:� �� Lr in- .
<br /> � cluded in uny der.rqx (onw�losinF Win murlgnke nnd b�r pai�l nut uf th�• rrntv ur prurr��J.. � d ynlr of .:iiJ prciaisrx if u��l uN�e�x��.c .
<br /> ' paid: that it slmll not Lv ubli�:dory iqrun thr Nortt;nt:c�' lo inyuirv� into tLr a:�lidit �� ��f �+np li��n. ��uruml;nmrc=, ��r rliiim in nd -
<br /> ,y � ' '. r:umin6 monqvs ns iibot�r authnritcd. Lui m.dl�inl; hcm�n cuutniurd aluJl Iwr i��nolru��d �is mquu�ing f6r �lurli:n;;i�i- In :ulvanr�� unv
<br /> mm�rys for nny such purpnse nur iu du nu}' nrf hrrrund��r: and Ihat \lor� �;ni:�.�, �6;dI nnt invur nny prr:nni�l li ;�bilih• 6��rnu+r of nnv -
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<br /> �� i thin�; il rnay do ur omit lu Ju brn•uud��r.
<br /> In l6o cernl uC thr dcL•udi hy �turl�:igur m th�� p;�>�menl of ;my in.tadlm��ul . u. myuin•d I�r th�� N� u�• .��rumd h�•n•hti�, ur
<br /> in thr prrfurmnncr of thc o61il:ution in lhis mort�tigc ur in Ih�� nuti� u�tvrid fhcn•In', U�4� Al,�rll;n{;rr sh:Jl b�• �•ntitlrrl lo � b•�•Iaro Ibr .
<br /> daht :urcun$ hrrrby duc w�rl p;�yab��� �eilhoul nutitt•. wid thr �lnrfg,�tirv <hall br ��nf�Ual at il:: uplion. «�ithuut nulico. ri � h�•r I�v ilw•ll � I
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<br /> �ir� h}• n nsciver t�� Lc �ip��uinl�vl by ihr eourl thrmuf. :md aithout rrt:urd tu Nir :id���u.iry � �f :wy �ci•untr fnr Ihr indrbtiYlnt•�;s v. . . ' � � +s� :,: .
<br /> Cured {icrebY. to enler upon m�d In6a� poo�c>Sion u( thr r�nrl;:a�;ed prerninev, wu1 lu r��llrrt ;md n�i•i•ivr th�• rv�•niv. inci���y :in�i prulils . .. . N ,• .
<br /> ' ihetco(. ttnil itPP�y lhr snm�. Icab cost� uI oprr.�limi und �r�lli�ction, upun Uiv indrbbah�n�. ..ccurrd by this murtV:���:�: �++�d rv�nfs, " y
<br /> s � is�;ucv und Yrofit.r IH�inF hi�n.by �unigned W U�v \Snrlga�;t�i• aw (urlhor .ocurily fur Ihr pncm..nt o( all indrbirdu��„ tircw,.l hrmLy. tC
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<br /> . � 'I�he S1orlgnR�ti� ahali hnve the pow�•r tu nppuint .my a;;ent <�r u�;�•nt. it m.i> de,ire G�r 16�� purp� : �• nf irp.iirin�; ,aid pr��m � (�
<br />'"�`1 isi�s; nmting Uic camr: cnll�cliul; 16c rcnLv. n�vcnueti .md inaom��. .�u�i it mer C�.�v uul uf sai�l nirum�• nil c� � ���n., � iururn,! in nmt - � �
<br /> : ing nnd muna�;ing thr � tinme rmd u[ cnlleclinK ll�r renlais iherrRum. 7'h�• b:iLmri� mm:�inini:. if ��ny. aii.dl b� :�ppli,�d f� �,v:ad th�� . �
<br />�� �I diwhi�rFe n[ the mnrtKnur indrbto<Inrv�. '1'hiv �isait;nm��nl is fn irrminntr :mJ I�•c��m�• nnll nn�l cuid �q�nn mi����.�• of � hi. nu �rlt:nti�•, . �, � �.
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