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86--1
<br />1;, Jt!c late !!,�c 102
<br />!'ISIii'di, 'PIPIM, l.1 !G e Se:cjI Qq
<br />%%fill flinds fit
<br />e, wpwellt pur,tiant I., tile
<br />�N '] 1ji,F131 fflio,M1l Itielvill"!"T,
<br />It and so long a, aid note of even date
<br />and !!Its
<br />Urban Developplent, j njontriS, Charge �br 1, It" a" lie!" "N 'lie Sccfetiily of liolisill and
<br />c,rf ,1 -1 �i
<br />rrfur{ ter I if prcnritrnl wbjkJj 01:1II be in all
<br />JOlotnat equal 1,,1 0!12) ill lie. hails t f') per otttn, of tile
<br />average ojjUtalldirllz, halanco
<br />due on the note corovolej wililtvul :akin k tilt,, aC L.111111t deliniallefis
<br />ca7 or
<br />(b) A sum equal to the gr(ion,j rents. if any next due, phis the pyel"Jil"Is flial will next become due and payable oli
<br />policies of file and other hazard nMIrjt.ce coverint! the mort'gageti property, oloN taxes slid assessillents next due
<br />01) the mortgaged Pl(,!)Cr;y !all as cirimared hr *lie, ioss . .
<br />all sumi; dicady paid kheretoi divided by tile
<br />number of months it, elapse bet-111C title W011111 pill" to the o,2 k%lien slwh Ground rent;. prerniiiiiii, iaxe'
<br />s and
<br />assessments will I)econle deho,luell,
<br />I I !lore !,list
<br />ilfFee if, Ilk pay said ground rents. pre-
<br />miums. and special aSS k,SSjjjCIjtN- al.ii
<br />(c) All payments nicatitine,l it, tilt! !A;t' P;(:1:0411119 Sllh'SeLl,oil I, I tin, paclaraph and 111 paynaLnts it) be nialile under
<br />the note secured heret-if, shall be ad(;ed k),
<br />ged'er, and the aggreL!.f. alliount lhelLofshilll be liv file Mortgagor
<br />paid
<br />each month It) it single 11:1yllielll to lie applied by 11w Nlor:,;a�v, 'order
<br />I� Ti' ,11(7 licl- ill the sef torril:
<br />i)vernilnn charges tinder the e�(,,Iltracf )I instoancv " Ili, :!,e . )e Ieiary 't Ifouslw-, :]fill I ;lhall l)evC1opIIIwIIf,
<br />(IT 111011'111y 1 !1jaz go lli?? ffi,pt ,q pft?r!WLq!t, mimam c rremizimi, i� dle . rase !l1w, be,:
<br />(11) ground 1 V1 I!" lir"' JS'eSSl1I('?llS- !1;k 11",l "llit-I 11a13TIl il!NL; Plellljllll-,�:
<br />(111) interest fill tile, Iloic Se'llied ficrobv zwd
<br />I IV) anricirli/atioll Ill' 'Ile PrilILIJI,zl 0 e
<br />Any deficiency Ili the ,I . ar,, rnt,11 aty:� :iatc ,tall 111 pavni;.-;!i shali• uj!lcs, iliatic go,),i 1110 Mot!.
<br />gagor prior to tile itile k];I;e )I the text s11k:1j 1,;I%r;"
<br />!,: 1, �1;lilh: an r,t ,1 deldull tilick., this fllof!gage. The
<br />Mortgagee flay collect a "laic, chary Tit'! 10 VILCO'i I 1:r L !IIS kl: cath dollar IS I I it each payment Illorc
<br />(hall fifteen to eovel tile ?xrji expvn�v involved ill hallkilinl defiliquelit flavillents.
<br />if fit(• t0l,jil of tilt' Pavrrjvllt- irtildt, 4y !!it, Alorlgagor
<br />lindiq of paragraph 2 precudi,-I ;hall pxe(qqI
<br />Ili(, amount of pavirient, aclualk nlalv by the %lortea-,mi, for
<br />Llround rent =. ia\v- and or im4uranvc fire-
<br />nliuni-, ilt= ill(• cu-1 rail ' ' be, ��uch vxcci,-,. if [fit• loan is cin-rcm. it the option of Ille Mort" got shall he credited be
<br />(h(• Mortgagee tin �;u1iequirril payment- to be mild(. 1; % tho 'dorigagor. or rvi'tint](i d To ill" 11,H11-1,19of 11'. h4mevor,
<br />- thv�
<br />,,lonthly pavrjrj made by the liforigagor under of paragraph .' prcvil-kiifig shall not lie sliffi•icol to pay ground
<br />I-44it! tam— ;trill it-f4e rrii rjl- ill- ill -im-mce preirituril�' .l ill"' j)` t%"('n lilt' -11;111 IWCOMO (1111' and pa�-
<br />.
<br />able, then ill(! \hjjjgag41r -hail pa' ill Ili., Mollga-,11- in\ amouni nor
<br />`r.r% 11) Ill;'; fill Ilse defieienot. on or before
<br />the dale" "IfIVII P331110111 (it' -11th grotand rent -.
<br />7 of plii1iliom- .,hall fit, d1j", IF Ili am
<br />'
<br />tiniti the Mortgagor -IjjIJJ ti-TI(fer to the \IorIgaiq•k•. in a(-;.,jrdajjI j, kith 111" prod inn Of OW note "•curod hereby.
<br />full payment of Ille entirt, oldvhlvdll�� thervI) N. ill(, %lortgaWif. 4:111. ill corillinling the of '�llch
<br />. .;mount
<br />indebtedness, credit to the accoinif of file klortgag,ir ill) piN•llents ii-I under ffic profibions of '-?: of paragraph 2
<br />hereof wIji('Ij the `jlorI;j,,al,vv hay. not 1)*i(-oInt- obligated �crvlar\ of iflw�ing and I Than
<br />. I gated Io I" iolillictil
<br />and an% Ill alanc(
<br />- - remaining in tilt, furl(k accumulated under ill I' PrO\ i-!O of 2 hervol' it
<br />chore
<br />4all be it default under an' if :It(, lito\ of jb;,� njoIIj,, re jg in it public �al(� )I Ow-
<br />-uhil
<br />,( prfinii,v� co%(.j(,rJ
<br />hvireh) , OF it the Mortgaget-'auquirv, div propero, after ilef1ijill, ill,. -111,11 apply. A Ih(• time of
<br />ill" CO"Inlenvelilent of uch proci�odirlt. or ill Oil, little ihv pro1wri) i- vq lijil,d. it balance then renrini-
<br />ing in the filtak acculinliatvil landf-T of paI:lgI.yfI ? pri-I-eding. a t "red I.Ii I,
<br />itf *folmm of pliit ili] thelrvnlainin,
<br />unpaid ind(, <ai, mite ..and hair pf"ivil) IM 1 !:jij• ;J'Cl. .
<br />!m4dt. lli-.eivr
<br />of paragraph 2.
<br />4 NI'll dw %folig"g"f hill p;l, of i;ixc,. 't"'t Ah';
<br />pay file vIrne. :Ind that the Vol tv,IIz.,y
<br />file NImIgzq!or "ill mf al i;,\C' .10"'i the 111 ItQaL!' I!)I,l ill aid lea! c,taie
<br />and
<br />HICT11S. noel which Inky he ler. jCkJ ill ell :hI, Ili 'Ile dehi ccrred hClerl- 1j,r,; r I— !tic i:\fcm That rich k not prohibit-
<br />ed he tw,; mid onl% 14) ]lrc e\Icni !h ..t ii'll hill trill tlmi,c !fit, io:ifl u"IF1061)"llol I-onle In.k. Stair or federal,
<br />trilPO'ed on Mortgagee. and %kill file, tile 'Atill llik, poll ki0alioll of Ihi, under -
<br />lading. or it Ili,- Mor!jzagw I, pioi,jr-11"d f", til% k", i,f wt porillm of tile ;Jklic-
<br />'ind I;ik•,. of Elpoll the 0 Mt:_,o got . .l 1 "11 ILIcil i,,%e,. o, ;! ,uch iaw
<br />or ig
<br />dCCIC,: 1)10\idv, 111,11 111. iti'lOW p.lid h_� ific NJ deb'- 'Ile %f,-1 lieo ev ,hall ;rat
<br />e•
<br />the right (Li ejVC Wined lj�l, T if !Cfl ril Ill ill% Ili:, (�J !11
<br />1, e C I ;,,x111 HII.: tile wcri "I ific Inol ipue
<br />.�W
<br />dchl If 'tic!) notice K in ell Tile ,,Ml lit be, tmt 111c ;-•i:% t itj , il,,e ji�' ;i: 11. . pit Nrn1 of ;lilt ninety dj%
<br />6 1 fi:i! Nhould he jail it, pay 1 i I)III , i kvq' .II 11*.". dc'; ti'l 1" 1131, Own IhI: 11, op
<br />lieu. lit e1 Ila% or perfoint lilt' ;till! 111 C h. The 'un, 'll, Ml! on he i'ho,, 0.11(
<br />,hall -he ,elrjcd hereh% . .:lid h;ol F,:,Ir micro,! ;,l the T'lle "'t f"I it! Ill the 1:!K; 0011 01.!11 r.11,;
<br />, That he hc!ehN o"ll-IIII, fl, .I"1 .ill,; e!, , "ter I'' lilL %1"I Ii, . 'L.CC, , i'c WPI11:11 11LI fill' jl�:� ffl,:10 ill ill, flo:,, ltd
<br />tall
<br />Nuill, c,:ijrvd hcrebt Ili (::,,c ,i fit lb.e ;,CI! ' if Ili, •I Ill,: fell)] Irl'.1 i Owl" "! the
<br />note, :dl the reni,, let Coflc, ;.lilt I"! dr. , CO 1 Ol 1 It!, MOT d L T a Teti, d1l, tilt: lzilh Ill'!,: — !tic i'lit :t
<br />Iles, ~hill remain unpaid : 1110 the Nio:it"'wee hl,! !I,! — Pofk rilp"(fil ,lit f'j., it it j4,1 It
<br />f)jj•p;"c
<br />repairing %;lid lnenll"es and ot rent Ili ill,: lilt- :i, ni" :e\ lux, .111,1 n c„ it Ild J! of ill
<br />.ild
<br />collit-S ;Ili c,kpCIl,v, of .,nd nc% cl-I % "!%. ._ +lie • 1.!, llifmd in lvillln Ih•
<br />Saille and of collci,:Iiog I"'otok lhci'fr.ow tilt' il:fr wv ,d •11C Jt,(h,.retc'
<br />R. Thal he will I.CeIl the no\k cm,itty w lieit iit,.r , 'r-1-1 ill' 'Ile lll!g .w-eel irl'orcd ;1,
<br />required front time to npic I,k jil,, je:lIjj,1 I,% I)IC :Irii1 )Ow1
<br />arnotm!, and for such pert d, ecitilre,? ?,t ille . and ;"IN pI millit; " 1wil fill!.
<br />Im pICIIIIIIII), I'll H, if
<br />insuronce provision for rl.,triocrn , 11 wl-Il I'- nol becii m.r.lk• , her eini,cf, if v -lil m,!s�,!tjc%e 11;dl t
<br />in •pr,i%cd
<br />'allied
<br />h% the illorrg,tgee rjil ille 11,01C,c, ;.))it Teil, OIA! I" hod kv ;l?, kloflv.;L":, .,lid
<br />PavallieclatlWS in fillyar tilt ;'jld Ill to If),. ,'+c"; `1 \lLlIlJ!d,•0f
<br />Trial) to the Morigag-ce. %%Ilk, ,,;I% Ili ,ike pr-il if Ia not ll.I&. p: ... orl'. F)d
<br />hclebls allihorl/cd m dq Ict, I) tw .!I, If o" C 11111C.1ki of li" it!(
<br />and lilt- MoTlyagve W"111% . wd The I. )it P_ 1"i" %'I w. ; ,,l I I!)"
<br />it) The Tellucljorl of ill., fwIvi,w'fIw h, I,
<br />rhl, r1h)(tgagc "I "llici it 1 n f ,P, I, '1 1., 11 I i 111 \III'LUI, 1111 111 Of r L qdc;
<br />rijilli 'ill:1 r:,; ;I 11IC
<br />the
<br />4
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