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<br />84 -- 00173;
<br />Said pt»mfrory note war given to secure a loan in which the Small Bwiner Administration, an agency o! the
<br />United Suter of America, hr participated. In complicate wkb section IOI.I l d l of the Rula and Regnlatioaa of
<br />the Stroll Bwitter Adminirratias (13 C.F.R. 10l.11d1 j, thin inrtroment it to be construed and enforced io atxord-
<br />anee with applfeabM Federal law.
<br />1. 11r tto crrananta and agree u folhran:
<br />a. Re wiN promptly p.y the indebtedtter evidenced br r(d pttrmirory note at the ti>.ea atsd i• the
<br />tttan~er therein provided.
<br />6. He will pay aA tartar, arnrmear, wad rites, and other governmental or mue:eipal sharp, fiver K
<br />ioparitienr, for which provdioo hr not 6eea made hercinbeforc, and will ptmapdy deKver the oitiwlseetipta
<br />tberefer to the raid mortgages.
<br />e. Ho will pay each etcpeaar and few a may 6e incurred N the protection awd maiateea~ea art; paid
<br />property, inelnding the (er of any courtesy employed br the mortgagee for the eoRsetior of cry or ~ ff.
<br />the indebtedtser hereby secured, or foreelesore by tmrrtgagee's Bale, or eourl proceedings, or fn any other
<br />litigation or proceeding aAeeting raid property. Attornevr' fees rcasnnahlr incurred in any other ww shriR he
<br />paid by the mortpgor.
<br />d. For better security of the mdebtedntse hemhy secured, upon the rrqurM of the mortgagee, itr
<br />wceerors or ass+gns, he shall execute and delirrr a supplemental mortgage or mortgagee eorering any
<br />additions, improarmenu. or hrtternlrntr made to the proprrh hrrcinaboae sleacribed and all propeety
<br />acquired 6a it after the date hercoi ~ all in corm aatisfartorr to mortgagee 1. Furtbennoro, should mortgagor
<br />(aJ to wtr ana ~lefault in the pa+mrnt of a prior nr inferior encumbrance on the property dereribed by
<br />this inslrumen4 nwrtgrgor hereby agrees to permit mortgagee to rare each default. but mortgagee is no!
<br />obligated to do so: •nd such adrancea hall brcontr part of the indrhtrdnres +,reared M• this instntnsme,
<br />subject to the came trrmr and conditions,.
<br />+•. The rights created b+ th+r avanaeaance shell rrmam in full lour and clfert doting ana pwtpwtrulrul
<br />or ralenrwn of the time u( the p»'mrnt of the nulehtednrR+ raldrncrd ba *aid IrrOFO1MOfY IIIdt pr aM part
<br />thereof .seared hereb+
<br />J. Ne will ronttnuowh ma+ntain hoard insurance, of wch type or types and in verb aoaatnb Y the
<br />mortgagee ula+ (rum unle to tame rw+fwrr ,m the unpruarmrnts now car brrrafter ou «aid proprry, oral
<br />will pay promptly when due any premiums therefor. All inruraaee rhall 6e tarried in Iwmpaniaa ~Y
<br />to mortgagee and the policies and rentwal- thereof shall be held by mortgagee and have attached thaavM
<br />Iur payable clause- m faaor a( and in farm acceptable to the mortgagee. In event of for, mortgagorwiU-dirt
<br />immediats notice in venting to mongagee, and mortgagee mry males proof of lore if trot studs. praopdy by
<br />mortgagor, and each Iruurance company concerned i. hereby carburised cad directed err make paytwent toratsek
<br />-er dittetls to mortgagee instead o[ to mortgagor and mortgagee jointly, and the ittauptre protxeda, or atq
<br />part thereof, may be applied by mortgagee at iG option either tw the raluetion of the indoMadnsar harohy~.
<br />secured or to the mltoration or repair a( the property damaged or deattoyed. In event of Ioreclaawe of thin
<br />mortgage or other Irawfcr of Utk Io raid property In eal+AgLN11mCM Of the tndebtedner atcnred hereby, all
<br />right, title, and interest of the mortgagor in and to any inwrance policies then in torts rhall par to the
<br />purrhaarr or ntongagrr ar, at the opunn ..f the uwrtgagrr, olaa Im .urrrndrrw) for a refund.
<br />a. He will keep all huddmgr and other Improarulrntr uu +,aid pruprrt+ in gaud repair alai conditiml:
<br />w+ll prnnit, commit, car suffer nu waste, impairment, deterioration of said property or au+ part Ihereo(:
<br />in the r+em of failure of the ulurtgagor to beep the buildings nn said Irremises and those erected on said
<br />premiats, car impnlarmaas thereon. iu good repair, the mortgagee Hwy nwkr such repairs as In ilr dise-ation
<br />it may dsem neceaarry for the proper prrrervatiun thereof; and the full amulam of each and every such
<br />Iaayment ehaU 6r uruurdimrh due cud pa~a6lr; and shall 6e secured b+ the lien n( This mortgage.
<br />b. Ne will nut voluntarily create or permit to bt created against tht property wbject to this taortgage any
<br />fits or lien- inferior or superior to the -ien of flea mortgage w+ehout the written consent of the moHgagee: and
<br />iurthrr, that he will keep and maiolaiu the sa cur free frun+ t6r. claim of all persons supplying labor car
<br />materialr for rowlrl+rtian of am and all buildings or iotpruvrm.•nty unw Ilrulg ,,reeled or to he ereMed mt
<br />raid prswira.
<br />1- fit will not root car assigtr any part of the re111 0( aced naurtgageal pruprrt car dr marlMh, wr rrwwe,
<br />or sabslarltially alter ana bui Wing without the wri ltwn c+.nseul of the nmrtgagr+•.
<br />1. all awrrds of damages car ranllectwn wah airy rondemnattun [or publy u.<- sN car uljun to any u( the
<br />property subject Lu this nrongage are hertbr arigned and shall be yruf to nlortgaate, who may apply the
<br />,amt la payrorent of for installmrnN lad dot under said note, and alortgagrr a hereb+ anlhari:ed, in the
<br />name of tl+r Inorigagor, to rxecutr and deli+er .slid aryu+ttanrr~ tlwn•ut alld to aplwal frun+ ana sorb award.
<br />1. l~br nawrtaagee .hall hear the rlaltt N. +nspecl the nusrtaagrll prenll>,e• at ana rrarunable tlnlr.
<br />Elfawl! fn any of the eovewanr or conditionr of this iwtrumcnt car of the Holt or loan rgreemrat secured
<br />hatle8yr shat! terminate ties mortgygor's right to pa .ersiun, oat, and enj+r~mrnt of the p~nprny, at the option of the
<br />trtortgagee 1st hie ascigM tit bein; agreed that tt+e mortgagor shall hrvr such right until default). 1'parl any wch
<br />dtfaah. the mortgagee ,torte ber+uaar the owner of all of the nna end protttr arcruirl~ after default as srcllrita
<br />tat the lndelutdttrts secured hereby, wtth the rislrt to eorq ttpon sad property for thepttgrese o! eolleeung rush
<br />rear end profw Thir Inrtrumrnt rhall optwle as as arrr4amsat OJ any rrntsh on s31d proprrtl to that extent.
<br />#a.. •+z NVe Rai 62•+n
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