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<br />84- 004{)~8
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<br />Said promi....ry nole wu given 10 ""cure a loan in which Ihe Small Busin_ Adminialration.anilgency of the
<br />Unit"dSlat... of America. h>> participated, In compliance wilh section 101.l(d) oC the Rul... and Reg1llationaoC
<br />~he s...n BuBin_ Adminiatration [13 C,F,R. IOU (d)], thia inalrumenl is to be construed and enforeedinaccord.
<br />_wilh applieable'Federallaw.
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<br />1. The mortpglll' c<Wenanta and >greet! at (ollow>:
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<br />... He will promptly pay the indebledn_ evidenced by said pronii....ry noleallhetiiil..."and':in':tbe'
<br />m.......r therein provided.
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<br />b; He will pay all taxes, ~ waler ral.... and other governmental or mUl1lcipalebior~,fi""'orH
<br />impoeitio.... forwhkhprovioionh.. not been made hereinbefore. and will promptly deliver,theolliclioheeeip\J",
<br />lhere(or 10 the &aid ''''O~''''.
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<br />c. He will pay such upen_ and feeo .. may be incurred in Ihe protection and,maint'lDUcieof&aid
<br />property. including the C_ of any atlorney employed by the mortgagee (or'lhe eolleetion ofanyor'all,,,f
<br />the indebtedn.eu he!'"eb~' !.eeured. or fO!'eC!o.snftJ h)' mortgagee'" 8al~~ ox {':ourt:'prott.edin~ ~<',in_:-any_oathe.t,
<br />litigation or proceedinf[ afl'~.ctintz said property. Attornev!" fe~ t'eal';on8hJ\' incurTtrrl in an\"- other way fih'in--Le
<br />paid hy Ihe mortRaRor,
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<br />d. For better security of the indebtedness hereby !le(~ured~ upon the ft'qUet'lt- of the n\ort~agee..: ita-
<br />5ucceason or a.ui~ he shaH ext:cul:e and deli\'er a ~\Uppleme"'~al mlJrt~a~e or mortJfal(eA coveringd-an~'
<br />addition&-. improvement&. or ht"Uemlents made tt] the prope~-! :~ereinabon~: rlc.scrihed ;jnd--a])- propert:
<br />aCQui~d h\' it after the date here-of! all in form ,isfactorv to morti!a2"ee I. Furthermore. should- mortllal(()r
<br />raii to {'ur~ any default in the payment of a prior or inferior encu~~b;an("e- on the property - deacri~ 'by
<br />this inetrun~nt. mortrz,:8f!or herebv a~ree:s to permit mort~aflee to t.'ure s.ueh 41efault~ but mortf!af[ee is not
<br />oblj~at~d to do so; and iiUCh au\'ancetl lilhall beconll~ part oi the itHIf"hh'llnes,.. ~t'('urerl h" thiR instrument.
<br />Mlbject to the lante terms and condition~.
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<br />,>, The fiJZ:ht~ t~reated hy lhi~ ('on\'eYance ~hall remaln ill full force and ,~Uect uuriuf! au~ po/:i.1J.1ulu~m~nt
<br />or ex.t~n-510n of the tim~ uf thr. payment or the indebtedness e-vinf'm't't1 1)\' l'ilid prol1li~ory nute or an~' parL-
<br />thertof ~e("ured herf'b~',
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<br />f. He will eonlinuOluJy maintain hau.rd inaurance. of ~uch t)'pe or type. and in 5uch amounta .. ,the
<br />mo~a~ee may from time to lime tfCquire un the ilUJ.roveeneottl nn,,' ur !u!"reaft..r Hit toaitl prop:t"rl)<. aiul
<br />will pay promptly when due any premiuma Iherefor, All insurance .hall beca....ied in companiCllacceptable
<br />10 morlg"llce and Ihe l"'lieieo and rene...I. Ihereof .hall he held hy m<>rlgagee and have attached thereto
<br />10u payable d"uae. in (a\-or of and in fom} acCt"-pt3ble to the mortgagee. In -event of loa.. mortgagor will give
<br />immediate notice in wciting to mortgagee, .nd mort~.@ee may m~ke proof of 10M if not made- promptly by
<br />mo-rtg_Ao-r. and e-ileh in.uranee company concemt'd is herehy authorized Itnd direded to-make payment lorlueb
<br />1.. directl,., to monsagee instead of to nuut8agol' and mortgagee joindr~ and the inlurauee proceed~ or any
<br />part thereu{~ fuay he app!i-ed by mortgoagCt.'l .t it. option eithe.r to the reJuction of the itulehtedneM herehy
<br />&eCu~-d or to the r~..loralu.m or repair of the pr(Jpert~. damaged or dettro)'ed. In e-Hmt of forecl08ure of thi.
<br />mar-tgage.. -or o!her tr.a~fll!r u( tide- tQ .said property in ext~ngui~hmeut of the in-dehtedneu &!t:ured hereby,? an
<br />rilh~ title.. and lntereltl of the mortgagor in and to an)' luaurance policies then in force mall paN to the
<br />purcha6er or Ulort.tt.~~t.' or, at tht' optiou of th~ ll1or-t~aJrte~, m.t~ ht, o\'urrt>utlt"n..1 CHI' it refulUl.
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<br />f(, He- will k.eep .111 building8 aUti other ImproH~m(~nltil ou ..aid propt"fl)' iu ~ootl r~pair and condition ~
<br />win permit'\- ('ununit.. or ~utrer no ":,lI~1~, imp.irmellt~ d~ter.Qration of !laid pTopert~. Qr an~' part thereof;
<br />in the e\t~-nt of failun." or lhf' mutltta:~or iu kt:t'p the buildinllb- on Ifoaid premise-a and tho..e t're-('te,j on said
<br />p-remi6e"'" or irnpro\"emeul.s lhert:"on. in ?ood reJiair\ the mortt(,a~4.~e moil)' make ~uch n~pairh atlo in it, tli8('retion
<br />it mOl)" dee-n. neC~lWkjr~' (or lhe proper pruen'Mtion thereof; a.nd the full umount of eat'_1I ami f'veq. .such
<br />I)ilynlcnt tih.U be imme:diilteh' .tue- auti pa~olble-: and e.hall he- ltecurt~fl b~ the lieu of lhi,,_ mortllaj!t:".
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<br />h, H~ "-'ill not ,-'oluntar.il,.. create- or permit to he created agaiml the property auhje-ct to thi. mortgage- any
<br />lien or liem inI~riQr or superior to the lien or thid mortgage ",-ithout the ",,'ritten coneent of the martg.gee; and
<br />further. that he will let."f! aud maiutain lh~- ~aHU: free frum th~ (.'laim ut all v-t'r}'iun~ lOupplyinll Jabor 01"
<br />IWllerial. for ('OD6trudion of an~" and 811 buildinlts or impro~enh'nhi now heiu~ t.tt.,.t.-d or to ht" ~reet~d on
<br />..id prenii_,
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<br />i. He will nol rent or a~ign an)- pari of lhe r~nt of l"aitl morlgage~1 propt:"rt\ Of df."DlOlil!lh" ur remo\'\,:"
<br />or ~uiMhmtiaJJy aher an~ huildiuit ~-ithout the l'>riUt"u ("nl1t-enl nf lhe mortf,:a"e~'.
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<br />j. AU .-warda of dllS1'"8ee in t~onnet'lion with Ail; c-ouueuUlalion (or puhlit., U!'e uf Hr Injllr~ Ill' lln) of tilt-
<br />(uulH:':rt)' !!<\lbj~ct to thi~ mort.f.!."gt.' a~ herehy :lMigne(1 and shall be politi hi ll1ort~a~ee.. who tna)' U')I)I)' tht:
<br />s.1.nu'~ 10- 1.0I~ me-nl of the tn-Jiltallnu"ub 101101 due under ~a.id note. .in" t11urlg.a~et.' i:- h~reh~- authori~ed. an tlH'
<br />nanM" or the lOurl<<ilf;or, to (",,-..cute -i:lud ,Idl\:\"f \-aUrI ucquiu,uu:<:-t",-, dU:"frot' anti 't) .If'ln'allroUi ;\Il~ ,.u<:"h award,
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<br />It,,, The mort;r.alle-e iOhaU h.tot" thE" ri"ht lo ln~pe{'t tht" tllUflJ;tdjltt'ji prf'-HU",,'" .-tt .Hl~ rt'i;I.~iHlolhl,~ tiuH'
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<br />2~_ Default in &oy of the w\-'enanta or condition. of t,hi. in.trunumt or of Ihe nute or loan agr<<ment ~cured
<br />h..reby thall tumi...le Iho murtlla~or'o ri~hl 10 I_ion, u"". a"d enjuymonl oC the pro!"'rty. .t lh. oplion of the
<br />_rl.aceo or hill .Mi."" I il being allreed Ihal the morlg.ltor .hall h... ourh righl unlil defa"~tfl lJ~~ .uch
<br />d..fa..h, Ih.. mor~ll".ee ,h. II become the O"'n" of .11 of the renl> ...1 profilo ..eroing aher der."lt.s ....urit'
<br />Cor lhe indebted...... "".ured h....by, wilh Ih" dahllo .'.....r upon &aid property f.u ~h. I"trpooe or rollet'linll tuch
<br />te-nb md pro6~ Thia in.ttum~nt .han tl-pet.l4!l U an _pnlt~nl of any rf"nl.lh~ on /la.id pro~~rty t~) that "1t~nt.
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<br />~.... yO,......"*l.t.t~l4.l
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