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<br /> ��t Moel�or b iad�►kd t�o YoAWM In Nt principd wm oti 15,035.50 • �"`.,"•�•:..�_- --°
<br /> �Md�nc�d by MorL{yor�not� ��.- .;�_
<br /> ' ' ' � � 09/04/91 (�nrin"No�s"10��o�ldlpt aY _`—°r�:��;_..�,��_
<br /> fa mmt�of princi p d�ad iat�r�t.wltA W�bd�na of ebe ` �
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<br /> I�d�btldl�w�it uo�roon��pifd,dw�11d p�y�bU ai1 �"rnhwr 4. 199¢ . ��s�.:r.:sar=.:�e
<br />"' ' �+; � .. " " 7bMCUn tb�p�yawnt ot�e Not��wltA IstRnst�provfd�d th�nln�Ne piymmt ot�I otb���um�,Mleh int�nct, -_;,�,---- F-
<br /> � �drapad ey YoAp�ee b prot�et tbt�eeudty ot Wi�Morlpt�.�r►d the perforoune�ot Ih�aomnants md qnem�nts ot �_..� �'"�"� - :
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<br /> � � �� tlu Mory,�or ooaWn�d.ka�in�,Mo�or doe� Mr�by wwi��t�ud conr�y to MortptK th� foflowln� deutiMd �.r=.--�-----�-
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<br /> Lot Five (5)� Block One (1)� Glover subdiviaion� in the Ci�y oP Grarid Island► Hall .����
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<br /> 1 ToptA��Mlth vl bulldinp.Improremmta.Axtuns,�tvMts,dley�,pwa�ew�y�. �wmmt+��d{hts,ptivlk�e�and •'•,R .` '°'--
<br /> -----_- �j e s►perlenene.s locaud thereon or In�nywlk qrlaieln�th�reto��ndth�nnfs,l�ua md protlt�,�rv,eRloru�nd temtlndeR� - ��,,-- ..�
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<br /> thenot;IncludlnQ,bW not Ilmit�d to,hadnQ md eooiln�equipm�n�an d�uc h p�e i o n tl p ro p�rt y �i u�i��t t a c h e d i o i h e �� , F - �
<br /> Improwments to�to con�titute� tlxturr;all of which,includina npl�cemmts md�ddition:thento,I�Mnby declued `iS�, 's y
<br /> � toO b,c�put ot ehe ntl tqau�tcured by tAe Ilen ot thb Moti��{e md dl ot th�tore�oin�beln{r�teRed W bsnln�s the \ �_, �
<br /> Mr���ar��' - �
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<br /> Mort�or Wrther convenanu and aQree�,with Mort��Qee,as tollovs: c'.S�_
<br /> . i.P�ym�nt. To p�y th�I�dept�dneas�nd ehe Inten:t theseon as provided in eN�Mort��Qe�nd th�Note.
<br /> Z.Title. MonQaaor b�he ownsr ot ch� Propeny.has thQ dQht�nd�utbority to mortQ�Qe tbe Ropert�•,md � �
<br /> wiuran4 th�t the Ifen cn�ud henby I�a tlest and pdor li�n on the Property.�xcept�s m�y otherwi�e be kt tonh herefn. i :
<br /> • i�,e nni nt a Rarik GL•arld I818nd. Nel�_±' a�_ � ` .
<br /> � Qp�e Roperty b�ub et to�Mo�� whrrelnF - � ,
<br /> Y� Y����x i t� � ot Ne Mortpp R�cord�ot W"7� Count)'. I .
<br /> i�the Mort�aee�reeorded�D b� ���---- I
<br /> ptbrnh�rrhich Mortp�e u�Ilm pdor to t he I l�n cre�q d be r�b y. ;
<br /> � ` . �t!Other ptior Iieru or�ncumpnnces:�� of Tcuat f iled 09/14/91 as Doc. ��-�n532�; __ �
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<br /> I , . 3. '!'��s,I1wt�rnmts. To p�y Nh�n due dl wc�,�peclal we�m�nb�nd all other char�ea saainu th�Propert>•
<br /> i � �ad.upon written d�m�nd by Mort��ee,W�dd to the p�ymen4 trqufred under ehe Note�cund hereby��uch�mount�s
<br /> i a�y be wtQdent W�wble the►lort{��ee to p�y tuch Wca,wentaents or oNer chu�e�a they become due.
<br /> 4. Ioranna. To t�ep t1�e Itnprorements noM or her��tter loated on the rev atate desc�ibed herein fnsund
<br /> �hut dpn�e by dre'�nd ach oth�r I�au�d��1+Iorf;�ee cuy*�qu�ee�In unoun4�nd wltA eompmfe��ceepuble to the
<br /> � Mort�ee,and aith lo� p�y�bl� W We MortQ�{ee. In �a�e ot la�under�uch policles tA�Mort�ee u authedzed t�
<br /> �dj�ut,eoUect �nd oompromt�e,lo Its d�cnt{on�dl cWias th�reunder�t Its wle optlon, wthorl:ed eoeftherappl�the
<br /> p�rocerds to!be rntoratlon ot the hoprty or��pon the indebtedue�t c�cu�ed l+ereby�but p�ymen4 heRUnder ahdl eon•
<br /> tla�te unlil tht tuau�ecund Aereby ne p�ld In tull.
<br /> 6. O F.rerow Fot T�cN�nd Ieannee• NotwlthitandlnQ myNina conWned In wrt�nphs 3�nd� Aercof to the
<br /> ' eontruy.irlort�aQor�htll p�y to the Mort�a{ee N tbe time of p�ylna tAe montAly fmWlmentc of princlpal�nd►nterest.
<br /> ane•tw�ltth ot the ye�riy t�cas,we�ments,harard Imur�ne�Premiums,and�round rents (it any)whfch nuy �twn■
<br /> prloilty or�r fhfc Mortp�e.tll ei t�ombly atinwced hom time w time by the Mortia�ee.71►e amounts w pdd ahall bp
<br /> beld by tlk Nortp��e witAout InterKt md �ppiied to the payment ot the ftem�fn�p�et to�vhich wch amounta were
<br /> d�pait�d 71►e�umt p�id to Mortp�te Mnunder�re pled�ed�c �ddlefonv wcudty tor the Indebtedneu�ecwed by thl:
<br />. ..�. t'n...ne.
<br /> �Oi��l.MOI'�jOf thdl qY tOIROIt�e�tlle�IBOUnI ot luiy oeueiency o�iwe�o ine Gciiiia iiw�:.::���•"•=••--••=--'....
<br /> prrmlunu�nd pound rrn4 wd the depoNts henunder wfthin 10 d�y��fter denund u nude upon MortN�or requeatinQ
<br /> pYmeat eAereof.
<br /> t. R�alr,Mdnt�n�na md We. To promptly np�lr,reuore or rebufld�m� bufldin�c or fmprdvements now or
<br /> h�ratter on the Aroperty;to k�ep the Yroperty�n�ood conditlon md ropdr,w�ithout��tte.�nd hee hom mech�nfc'�or
<br /> i other Uens not ezpreWly tubordln�ted to tAe Ilen hereof;not to mate,�uffer or pennit any nui�tnce to eufct.nor to dimfn•
<br /> 4h or impNr ehe�vue of 1he Prop�rty by �ny �ct or omiufon to�ct;�nd to compl�� �efth �I requlrementt ot I�x• whth
<br /> fetpeM lo the Roperty.
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