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<br />$2- t~t~1753
<br />Said 3>roniiaaorr- note was given to trecute a loan in which- tha Sinalt $uaiaess :~idminiazration, an agency of the
<br />liaited ~tatex of America, has particiaated, Ia.compiiaace with section 10}:14dJ of khe-Ruiea and Reguiatiotis of
<br />the Sttcalt $usinesa administration [23 G.F.R. 10Li(d' j, hu inatrument.±a to becanstrued and enforced in accord-
<br />atsce with appiicable Federal iaw.
<br />1. The mortgagor covenautb aitd agraa'a~ follovra:
<br />a He wiii promptly pap the indebtedneaa'evidenced by said promissory note'at the times and in fhe
<br />manner therein provided.
<br />6. lie will pay ati taa, aaacasmrata water ores, and other governmeatai:or m:~:ui.ipai ohargra, fens, or
<br />impwitions, for which ptroviiuon }ua not'btrn made hereinbefort and:wili pmmntly deiiver the o!$cial neeipL-
<br />tbielefor to the sa;d mottgagce.
<br />c He wiii pay stuh'tspettaea and!feea as maybe inrnrred in the protection and maiiatenaace'of.said
<br />ptr`opert7, itaeludirtg the fen of aay atioraty empioyed br the-mortgagee for the coiiectiotr of any or ~it'of
<br />the iadebtedner: hereby +ecnred or forectoaure by mortgagee'K safe, or caitrt proceedings, or in any othar
<br />2Ttsgataon wr proceeding meeting waid iiropertc: Attarnevs" fees eeasr,nahi~• incura~rd in an+• otherwa+•.i,ati ire
<br />paid btr ehe mort(ta#tor.
<br />d For better security. of the indebtednrv+ hereby servrrd, upon zhe rr~ttur:<t of the nxurt~agea, its
<br />tpacceaeorn or sasiAtta, he snail esrcate and deliver a upplementai mort~al;c nr nrortt;agre covrridtt anv
<br />additions, improvements, or lretterntents trade to thr praprrty hr-rrinai~ne• ,lexrrihed an<i alt property'
<br />acquirtd bq it aftrrt#tt date hrreof calf io farm satiefarturvtonwrtgalc: ~_ 1'arthrnrtnre, sbauldmnrtgaxor
<br />fail to aura arc default in the iravmrnt of a prior ur inferior cncumbranre an the lsropect4 described hE
<br />tktisina[rument,tnortgpgor hereby agrtts'td Jrermii martgagec to cure such defauit. hvrL tnortgaRc<= ie dot
<br />obti(cated to do ao: and each advanm shat) ttecame parr of rite in,lrht.•dnr<„rrurr,{ by thi« ini+trttment,
<br />aubjcd o thrsame terms and conditions.
<br />e. 'f7k rigbte created br ibis conveyance ,hall. remain in fait fsrrr oral riiect rlurinlt anx iur«tputtrrnetst
<br />ar rztensiaa of tha time of the iaayment of ihr irr+lrhtedness a+'irlrnrwt bti -.ri.l lrrnuxi.«on na,te ur an+ p.rrc
<br />tlteretiir treeureti itarebv. .
<br />{ f1e will contintwwly mainuin hasard iaaurance, of such tvpr nr typrE and in aueh amonnta as tht
<br />mortitatcee may from time to time-rrr;utrc,nrr thr invgrrrn rtnrnt. no.+ i,r lrrrraftrr .,u paid prnirrrtx, aerxl
<br />will pay promptiv when dire aay premiums therefor. All insurance shalt Ire carried in contpaniea acceptabie
<br />tq mortgagee and the pniicies and rrttewais thereat shah be held by mortgagee and have attached thereto
<br />Mora payable clatitra in favor of and to farm iacceptabic to the mortgagee„la event of toss, mortgagorwill give
<br />itamedtate notice in writing to tnortgtxgee, sad manga~ccc mac make proof of toes i f cwt made promptly by
<br />mortgagor, sad each ittsr:rancc company caaceiitcd is herrby authorized and directed to make .payment for such'
<br />for directly to mortgagee instead of to mort~sgor sod mortgagee jaintty, and the ituurancc proceeds, or any
<br />part ebrrreof may 6e applied by mortgagoe at iu option either to the reduction of the indebtedncsx hereby
<br />secured or to the;reataratian or repair of the property. damagedrir ricstro}•ed. In event of farectosure o! this
<br />mortgage, or other trsnrfer of utk to said'property iiz extia{tuishmrnt of khe indtbtedneaa +secured kiereby, alt
<br />right, title, and interest gf the mortgagor rn sad to any inaxiraacc paiicres then: in farce shall peas to the
<br />purcha,ier of tuottFager ar. at dte rtptiern of tlx rnrartttaKre, trrav hr >;arrrn.irr,til Cur ,t rrltirrd.
<br />p. He wiii keep sit 6uikfinpt and other ampravenxrnts rm card lrrr,pr~rly aiv i:uud rrpairand eonditian:
<br />will permit, commit, or wtTcr tro waste, impairmrnt, .irtenoraUOn of +aid lrrnprrt} ur stir p,rrt tixereof;
<br />in the event: of failure of the nrcrrtgak~rr t.. ltcrp tier bnildinya :nn Hard lrrrursrs and chow z•rrr[etl on said ;
<br />premises, or IMprorcarente thereon, ut Fuu<i rrpat r, ilte morittattre txxay nrakr .ricl, r. pa,rx, ::+ in-its discrrtind
<br />it nwev'deem iteorsrar} for the prepcr lerretr~atr<.rt iherstrf: and fire full aourttnt trf roclt and even .roc{t'
<br />payrarcrit-.shall:beamtnrdiaie}r-drtr:.arrdi>apabl~_ a:nti«halllrrr'ecuredir~-.titrlienofthi."inlrrt}talcr.
<br />h. He will trot voiuntarity cnatc oc permit: to be rrratrd atCainst t}ze propcrt• subject to this mortgage aa±~
<br />liter or tiena in[eiior or superior tathrlienaf-this mortgage +ritbout the written consent of the mortgagee; snot:
<br />furtlrrr, that hr will l~rci, and inairttain the wnsr free fi.un the rhos uF sll prrsuns ,.applying }abtrr or
<br />materials for ronatruclion ~,f an+' and atl buitdinys or improventrntsnaw}srirrtt. rrerlyd +rr.An be rreMr. rirut.
<br />said pre+nisea.
<br />i. He will not rent •.,r sireian an+ par' crf the rentnf <ard rrsvrzttaged:.prupr.rtjor rirmrtlish, trz'.trtduye..
<br />nr .ubstaniia}l.• alter an+ 1nrildinX wit}tout ilte writtrtr rnrxseut tr! rite marti:ageP.
<br />1. 311 awards cf damaes in cannet•tion x~ith am rpndctnnatian torpubhc canc. 17C ur nvjury to am of tlu~
<br />3.raSscrty subject to this nwrtt:acr are herrTiy tari„+ctrrl°anr} sixali 95e paid t<x nurrtgaycer u'rro rn+..,~.,piv tbr-
<br />=,ime ro (u+nrrut c>F tLe inslallrne.»ts-.farteltrt under said natn~.aatd 9rrurtgaK~e e~ hrrrbr :,u+horraerl. ~n th.-:
<br />name of tier mortKaKUr, to r.rcutcand rieiiser<va}irl aex~uittani~r: thrreafund tr, a.p,heal irim~ :,cry sue}tawsrri.
<br />G. '}~hr urortRaFrr .l,ali ha.r the rittitt to iiurpect t}ieauertKatieri prrutiir=wt arse rrnKrurcrltie Szntc..
<br />2, L3efauit in say of the .xrvenants ar cooditiana of this-natrumettt or of the Hate ar loan agrecmr^nt secured
<br />het~ebr abort trrmin:tr the mortgaXnr's right to pusses.ion. uee, and rnjoxrntrttt of'the property, atthe agxuon of ehe
<br />ttwrtgaycr•~r ns his aaaiarxs pit being aarr_cd that Ehetnnrtea~r shall ttsye euchrit;irt smiilrirfaulr?..3apc;nsny-ss,ars
<br />dTfanit, the murlfiaxre +CraFl hw+~nrn> the ~wnrr of all cf ,?:e ;cots and pt-r+6rts ,cerr, i:rp .efttr de(tru}t at +~errritt
<br />fur t}ar radthtedneaa errarrrd hrrrbx. with tF.r ri[hi to trrr.r upon said properrv fa: tthr ln,:prrer„i roikctin~ such
<br />rcv.ts sod pro&ta, Thi,e snsir,anrr93tt sitdl <r}reraie as an arigrraA.tnt ~f atrv rr>tittrl- ntx~8aic3 iir„t+rrty try mar cxecn±.
<br />-'• ant rtr„rral asv :z~-vrs
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