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<br />� � 76- 0066 � n
<br /> � MORTGAGOR5 MAY MAKE PREPAYMENTS OF PRINCIPAL ON ANY INSTALLMENT DUE DATE. SUCH PREPAYMENT SNALL 6E �
<br />�. ,, , � APPLIED 70INSTALLMENTS LASTTO BECOh1E. DUE 11NDER THIS MORTGAGE: PROVIDED THE UNDERSIGNED ARE NOT IN DEFAULT �
<br /> �. � AND� ARE THEN THE OWNERS OF THE MORTGAGED PROPERTY, UPON REQUEST OF THE UNDERSIGNED, OR EITHER CIF 'THEM, . .
<br /> PAYEE AGftEES' 70 FURNISH 70 THE UNDERSIGNED 100�/a Of SUCN PRINCIPAL PREPAVMENTS, UNLESS AOVAWCEMENT IS Pft0-
<br /> � H�B�TED BY TNE REGULATIONS OF CHARTERING AND SUPERVISORY AUTHORITIES TNEN IN EFFECT. ALL SUCN ADVANCEMENiS . .
<br /> � � SHALL flE SECURED BY THIS MORTGAGE IN THE SAME MANNER � AND EFFECT AS IF NO PREPAYMENTS HAO BEEN MApE. � �
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<br /> THE MOI2TGAGOR FURTFILR COV1sNAN'PS AND AGRF.ES :
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<br /> . . . Thnl Ihe Dlnrtgagor . will pny th�� indebt�>dnecs ns l�erci��before pruvided. � . . � .
<br /> �!� . . . . ,I.hnl � the A�Inrt�;agor is the o�aner of y;iid properfy in tce simple :uui h;i, go�ui right and I;nv(ul nuthority (o s<�il and . � . .
<br /> . com•ey . the same eind thnt thr �:ame ia frce and cl��ar of nny lien or eni•umhrance: and tl:at Atnrt�;:��;ur will �c:�rrant �nd dei�mrl ihe . . . � � �
<br /> � title. tn �said premisev . agninst.. the cininu nf nli i,f,rsonv whnmsu��ae•r. . � .
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<br /> �. . To puy immudintcly ��'hen due Und payaLli• all genrral tnzes, tip�tiiot tnxes, spoci�l :� "e:,sments, w�tcr ct�sr',,!es, svv.er serv� . � �
<br /> icn chiicges. �nd other. lazes and charges agninal saiid proprrty. nnd �ll laacs Icvird uii ( he dehL s��cured hereb,l'. �nd l� turni,h Ilie � �. . �
<br /> ` �I . MortKngce, upon rcqw�st, �e�ith ihe �irigival . or dnplicate n•ccipts therefr�r. 'Phe 1lorigagor a�:rees thaat ihcre sh�ll he addrd to . � . � .
<br /> each montldY p��Ymenl required hereunder or under th�• oeideuce o( deht srcured �he•reby an amuwit rvtimatod by the \tnrtqagcr . . . .
<br /> �' . . -to he �ullicient tn rn:�ble 16e Dlorigagee to p:q•. us thi�y Lrcom�� duc. al! Lues. :iv.c;amr. ntY. amd siv�ilar cLarFi�s upun the prem. . . .
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<br /> � i.ses �ubjecl t.heretu: tmy delicienc}� . because of tht• insuf}iciencp a ( suc6 addilionul pu}'mcnis shall be turllncith di�po:itcd by dir . .. . . � . .
<br /> Morh:agur � u�ith tha �lorlgat;�'t+ upon deinand by � d�r 9lortgaRvi'. Any di•L•�ull und��r ihi� para�r:tph �h:ili be di���rned a de(auh in . . � .
<br /> .. .�� paymenl � n! iaxci n �sresnu�n�s. nr .imilar r6�vgr�s requirrd }tcrrundec � . . � . �
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<br /> � 'I�h�• Alur4:agor :i„rers t6al th��rr s6all :ihn bi� :vidrd ?n ��arh monthl}• puSment n( princip.et and intcrvs� rrquired hcre- : . '
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<br /> under an nrnnun[ r.;( imatrd h>� ihe �lortgugee to bo .idlicienL lo rii�i�i�� tL•e Murt ���gco to p:n' . +�., it brcunies due. lhe insuranre . . .
<br /> prrmium un. any insurancr pnlicy drlivcrr;l lu �hi� Ji��rt„a�rc. AnY d��licic�ncy herau.c of iL� insuiTiei��ncy o( surh additiunal pay' - . . . .
<br /> �� �' m.rnts shall be inrthwith drpr�sited b�' tha �fortga�;ur x�ith t6e Vt�rl�'iiFe<• upon d�•m;md by tii�• �Surtgugee. .Any d^fault under ihis . �
<br /> � puragraph shnll ixa d�•emi�d e� drfnult in the� paym��nL ot in,ur;mee premiums. If the pnlie�� or pelicirs dcpositr+l xre •uch x; Wnne. - . . � � � .
<br /> nwnen ur HII dsk policius, iind fhe drpa>i[s nm insuHicii�nl tu pny fhe ��nd «r prcmiwn. thu J1nr� qnta'e mn>' :ipply' fhe depusit fn �. . � . . . .
<br /> ��: . i � pny premiums on risl:s requirrd tu !�r in,:ured hy this mortF���,�'. � . . . .
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<br /> ,j � Ya}�m��uL4 mnde by the 9funt;agor unde•r ihe nbnee p.�ragrapiu m;ay°. :d tiu� optinn uf tho 11ort�a;:��c. Lo E��dd Lr• u nnd � .
<br /> romminFiect wi� l�i othrr .,ue6 (unris nr ifs a�sn Gmd_. tar th�� papment oL ,uch if�•rns. and wdii ,o nppliod. such pnym��n �s :�n• heroby . . � � � .. .
<br /> � � pl�vlged ns ve�curity (or �hi• un�u�id b:tlance o( Ihe muriu'tgn �ndi•I�Avdm•��. � . . � .
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<br /> E:. ' . � . 'i?� procurr. deli�rr to. and maintain for thi� L��nrfii ut the 'llurlp;;�F��r duriu�; thr li (n ni ti�i< murlgagc nriFinal p�dicie�, and � � . � .
<br /> � � � renewals thrrm�t. delivered ai le;ut ten du��; bclore thr �•�piraiiun of any such p� drc�es, insurinF against fin• and other inawnble � �. � .
<br /> hazurds. casualties. and contin�oneie; z�s ihr 1lortgug�•e ma}' rrs�uirr, in ❑n amaunt equnl in ti�e , indebtrdue�s .rcurrd iry this . �
<br /> . . \Siml�;age. and in companii�s arcvptable tn ihe J�inrtgage��. �+�ith lnsv puyable clause in t:�i�or u( and in (urrn nccrptuhlr ln the \Inrt��i� �. � �. ..
<br /> gi�. In Llie r•vonl nny policy ia not, rrnricrd on ��r br(nre ten d:ays ��( its ex�iiralinn. ih�• ninrtR:�u�r may prucun� in+urann• on the � �
<br /> �. � � irnprovicencuts. Isiy Ihe prrit�ium tLeretor. an�i ;uch sum sh;�ll brc:�mr iirm��diatel�• du�• nnd P�}"+i61r u�i� h intrrest xt thr riue s��t ,.
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<br /> furth in ,aid nntA� until paid and :hall Lu �ttiurrd by thi. rnnrtgir;c. F:iiluro ou thr p,irt ut flir Ator�;;agnr tu fu*ni�h ..ueh r�•nrwnl� . . . _ �
<br /> ns ivr hrrrin r�sluin•d nr (ailuce to p��� :�ny +ums �idvancud h��reund�•r shnll . nt the oplinn oi ihe Atorit, �� s�v. c,;n�� itutr n dr(aidt . ; . . ' �
<br /> under the trrrn� uf t.his morti;uFi�. 'Ph� deli�•Cry� u( sucli puli�•ie•; sh:+ll, in t}��. i.��i�nt uf JefaiAt . con+titut�� � �m a=:i�nm��nt af th�� un- . . . .
<br /> E: ; r•nrncd pn•mium. � � : .
<br /> :1np �.unts receivrd hy lhr '�lorlgagei� bp r�•;ison uf los ur �inrna�c ir.>ured aF:�inst mac hr reiain��d bp thr \t �,r��;a:;re ' . . .
<br /> � and r�pplied IouarJ Ihn p:n��nont nf th�� dr.Fd Len-6v srcurrd. ur. ai il�c uptiou nf the jlcrt acee. sucL cwns ei�her tvlwily ur itl : . . _ � . . .
<br /> '� p:�rt mo�• b.� pF�id u�rr tn t6�• Afori�^ay�ur to tw� uerd tu n•pair such buildin„s or tu huild nrw huilriint;s iu tLrir plar� nr tr.r am� -
<br /> o� h,�r purpo;�� ur cdrjei•t .snti.fiiclury [u the 31nrt:;a;;rr �rithmd ntioctin4 Ilir- lien on thr mur! „a�e fur She� lull iuni �unt ���cure+l her[•- .
<br /> h�: L�•fure sucl� 1�aprnont r��rr irwi6� pla�r. � . .
<br /> � '1'��� prcmipd�� ri�p:fir. rr;tur�� ur robiiild i3ny 6uildin:: ,� r unpru��rmrnl � rtu�c or h��n•aftrr un h�. � rvmi�rs K�hieh m:3y ha . : � . .
<br /> � - rome dama�;rd or de..ltocrd to koep .ciid pr��mircv �n �� od conditiun .ind tepni : :mrl frc•c (rurtt :;n•, m� ihaim 's li��n ��r nihi�r lien nr - .
<br /> Z cla3m uF lirn no[ expii��vl�' suhiirdimurd �o Ih�� Ilen hr�rrnf: nut ta suder or prrmtt. an•; unla�vful u=r of nr :mc nu�sancc to e�i:;l nn . . .
<br /> � st�iJ pruuerlv nor tu p��rmi[ :� a;te on u�id ��rem�ties, nur t � � �lu ;mr ufher .+ri ui•rrrlry tLr pn �p�� rt}� h� rrLv � ��m�ev�d .hnll b+•cnm�r . - .
<br /> Ir;; �:tluable. nur tu dimini.h nr imp:�ir �tr rnlur Ly' .im 'ic; rr �rtni.,iun tn .a��c tu c� niph •.ri: h .iil n *�ur. rmen� � „f I.+��' with ro.p,�rt .
<br /> ?f. . � In iho nwrll:acrri prrmi.rs :ind the u.v thrrruL � .
<br /> " � � 7'l:at shotdd th�� pr;�mi,��: or any part thcrrnf hK I ��kcn nr d;nnxkrd 1���� n��asnn u( +�ny pu61i� iuq�rm�rm��nt or r,nd:,rnnatian .
<br /> pruceeding. �u under the ri�;ht o( emini�nt dom:tin. or iii unv nthrr m:i �vu�r. th�• \i��rign�r�� shall Lr rntiU��d tu ;ill cornpvns�tio�t�, �
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<br /> . +i•xards. and nny other pu}�rnvni ur mlii�f tiv�ru(or. r.nd �,hall he entid��d . at its opii��a. (o rornn+��nit�. nppoor in ��nd pnn�cute fn iLs
<br /> ' uwn nem�� tmy actiou ur prr�c�rding. or lu nmk�� :mc cn�nprntnisr or srtil��m��nt in c„nn�•rhun tiriti� 4ucl� wkim: ur d:unu�;c. Ai! -.uch
<br /> `•- � cnmp�•nsation. �wardc. dama4:�'�. riphL e4 action �nd pruerrds :iro Lrrr6y :i�si;;n��d tn ihr ] I � �rt ��;:ee. ��'ho mar. r(t�•r drdurtine
<br /> ,� lhrrr.from nll its � ap� n �i�s. rclr�isc :un mun�.v� s rru� i��rd b .� i� ur appl� th� �;nt un in•, ind� hti dm•s : �rcurrd h iihc 'fhr \lnrt- .
<br /> � g;tFur agne�.. tn ..v.eutr .urh furthrr x�<i,:nmamtn of .my rnrnprm:�n� n. �r e.ird ;. � innu�,:� •. .m<! rii:ut , n( a��tinn :uel prn:rr�l, a; Ihr
<br /> � .��1nr(gnR�'<• may n•yuira.
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<br /> � 7'h:it in casr u: (:iilur�� tu p�rform ar.y nf tF�� rnvrnvnt< lu�u�in. thr A1urt ;:acr�� ma�� dn � �n � h�� Alort�;�cor's brii:Jf o-c�•r�,-�f:ing
<br /> K� covennNed: that th�e Murt�;:i:;erz m:ay ltlso du �ny act it nmc d�•i•m nrcess:�ry tn protrcl t6�� li„n thcrru;: th:u th�; AInrtcncor �sill
<br /> . j rrp�y upnn demand ana mone•�-s p:�id nr dishurs��d bp Ihe Dtort����•e (ur any nt th�• uh����r pur� �� �-.��+ . :+ nd vuei� mum•��v togrthrr �eiih
<br />• ��: . inti�rrst thereun t�t dtr r,no pruvided in said nute shnll bi•cunn• sn n;ur6 addit �anal mdrLt��dnr=s h��n�b}� si•rurr�f nnd m:iy fas in-
<br /> cludrd in nny decmi• torcciosin� thf; morf �a�;e and be paiJ out u ( dm rents or proc�-r�ls u( .,ul�• u: eai�i pmnus�•.� il not otheneiee
<br /> pnid : Lhat i[ sh�ill noC be nbli;:alnn' upmi tli�� lfort�:a;;�•v tu inquin• iuto thr c;Jiditc uf :�m� li��n. !��nrmnl��ntncr+. � �r rl:iirn in :ri. .
<br /> vancing moneys ns abuce .unhorizrd. Lut nnthinl; h�•rcin c�,nlsm.•�! sliali le• con,.� rurd .i; rrquvinz tt:o \l � �rten���r tn miv:aicc :iny
<br /> mone}'x (ur any xuch pu� pase nur to do any act hrrrimdrr, and Ihat ',4lorii:u;er -hnll nol incur am� N�'ryon:d linbilily l�a�r.msr nf any '
<br /> � IhinR it m+a�' do or r�mil tu Jn hrrouudcr.
<br /> In thr a�vcnl u1 t1w dr(riiilt hy Uurtgugor in lhr pn}anrnt u( enp inaVdlmi�nt . ;i: rryuirvd bp thi• A�+t�� .rcumd i�rreb��. or
<br /> in the purtormunee nf iLo ublignliun in this mudt:��:�• ��r in thr uotc• �ecurerl thi�rehc. thr• ,`.turt�;a¢e�� =hall I�o enliHrd to drelare fhe .
<br /> � � d�•bL s..�curesl hrrcby dne rmd puynhlr withuut notice. :md thr �lurt;;na� e shall hc rnt�HrJ :it its apl�un. �vithout nouce. i�ither by it.,el[
<br /> or by a mccivcr tn hr nppuintiY3 Ly thP cour[ therc�if. and withnut r<��:ard to ihc adiKau:icy nf .� ny vrruritr (��r th�� indvbtrdn� .s ��- ,: � 1 . �' ' .
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<br /> , cured hercby. fu enter upon anJ take poazc:,;ion n( the mort;;;it;ed F�rc-misr�. +u�d tn rull�•et and mc„iee th�• mnL:. uw�., nnd prutits .� � .
<br /> thoteof. und :tpplv th� �:tmc lns, a�st. uf operutinn nnd collect�un, upon thi� imlv}>u�ineti. •,�cure�i h� Ihi ' mnrt •;�Gr: vud rrnts, . >
<br /> Li+;acs and profiLa lx•ing heaby e�ssigned to thr ltarl�:ngrr as furthcr �rcunh [nr the ��iymrnt nf zall h�dibt �dm•;= s�rur�Nl hrn•bv. • a
<br /> 7'he �lurtgxkitie shall hnve the pox�cr to app�»nt any n4ent ur u�:�rnt, ft m�ir di•nirr inr ( 'ti�� Vurpr�:v n( mp:nnn4 >:iid pr.�m - � ,'�w :
<br />-�"sa. � ises; renting the sam��: eullcrting lhe mntc, revrnurs and inrome. �md it muy p:n- ��ut n( said incnm�� al ! �-xp�•nn�•� u�cnrrt�d in n�nt- . � . _' .
<br /> �� ing and. managing thc �;amr und ot cullrctint: Ihc rrnl:tls thrr��lr�.rm. �l�ho h;dancr rrm:�inin::, il ;inc . ,hnll I�„� :q�plir;l t�n.�arti th�� � t(t : .
<br />� � di�u�harFe af the mnrttiage indrh[rviness. "I'hi!: :i�sigmm�nt ia tu ir�rminat�• and lu�romr mdl ;nid •. �:�id upnu n�l�•;��r nt tliis m���rtt�n„��. . . .
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