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<br />Said promissory Hate was giveu to secure a loan in which the Small Bitslness AdministraEion, an agency of the <br />United States o€ America, has parificipated. In compliance with section 1071{d} of the-Rules and Regu!ations'of <br />the Sisw11 Business Administration (13 C.F.R. IO1.I (di ), this instrument is-to be consttved atu#.extfareed in accord- <br />atice with applicable Federal law. <br />I. Tlie mortgagor covenants and agrees as follows: <br />a,-He will-promptlp paythe indebttdnsss~evideneed by'saed promissory nofe•at the:iim~ and:in the;- <br />manner therein provided. <br />b. He will-pay ail taxes, assessments, water rates, and other governmental or mtuaeipal charges, 5tus, or <br />impositions, for which provision has not been made hereinhefore, and will promptly=detivertbeofficialrecaigta _. <br />therefor to the said mortgagee. <br />c. He will pay such expenses-and tees ae may be incurred in-the•protection and maintenance-of said <br />property,-including the fees -of any attorney employed by the mortgagee for. the. collection--of any. cr.all-of __. <br />the indebtednees hereby secured, or foreclosure by mortgagee'. sale, or court proceedings, or in spy. other <br />litigaiian or proceeding affecting said praFterty+ Attorneys feesreasoetahly inenrred in.nny other.wat-»haN he <br />paid by the mnrtgagar. <br />d. For better security of the indebtedness hereby scented, upmt the request of the mortgagee, its <br />successors or assigns, he shall eseoute an+3 deliver a supplemental mortgage nr mortgages covering am' <br />adduion_=, impravements, or betterments [Wade to ills praperzy° hrreinahayr dcaceilted -aml all property <br />acquired by it after the date hr. reof i all is form solis(acurrv to wort lager r. i'u rthermnre. should mortgagar <br />tail to cure any deiavit in the payment of a prior or ivierinr rncnmbrm:ce ou the property described 'b7 <br />this instrumenF, mangagor heretic curer, to permit mortgagee to tore -uch +iefault. but mortgagee is trot <br />nhliga[ed to da so; and .uch adyattcrs -hall become part n[ the indehtrdnrs =reared by this iustrumenl, <br />suhjeM in the =_ame terms and canditions. <br />r. "IYte rights created by this convrvance shall reneain iu (u!1 Cores :uui sliest during auy pusttxnt+vuvm <br />ur extension of the titne of the payment of the indebtedness er idrnce+l lrv ,aid prnntiasurv Holt or any part. <br />thereotsecureti hereby. <br />~. He will continuously maintain haznrd insurance, of such type m h•pes and in such amaunte as the <br />mortgagee mac tram time to lime require ua the improvements not. or h<.reafter ua -.rid property. .uul <br />will pay promptly when due any premiums therefor. All insurance shall be carried in companies acceptable <br />to mortgagee and the palicirs and renewals thereathall 6¢ be61 by- mortgagee and have attached thereto <br />loss payable riauses in favor of and in Cann seceptable to the nmrtgagee. in event oi' lase, morigauar will give <br />immediate ataiirc in writing to monga~ce, and mortgagee mat' make pr+wi at loss if Hat made promptly by <br />tuartnagar, and.~aeit itu.urunse camnany canecmed i~ here!zv authorized acid ciirecte:l t.x nra`se. €avrnett fnrsuch <br />loss directly to mortgagee instead of to mtuigngor mui nwrtgagre µrinily, and the ineur;mce proceed+, or any <br />parE drarevrf, may be applied by utortgager. r,E its nptian pith-re to the reducu~.n ni lire indebiede.;'sa heeeiry <br />secured ar to rite rretarapon ar reitair of the property dantnge+i or destroyer!. is rtrrzt of t`areclasure of Llt ie <br />mortgaie, or othee transfer of title to said property in rxtinguishmrnt of the indebteduena secured hereby, ail <br />right, title, ;md interest ui the mongugor in and u> ant ensuranec policies thin is farce shall pztt.~ to the <br />purchaser or nwrtgaue+• ar, at the uptkut ,.f the nurrtgag+-e, rnat br -nrr+•ndem.i b.r ;t rrAuui. <br />g. He will keep all buildinus and other intprateuteut, un ..aid peupeety w ;;ood repair and eunditian; <br />will permit, rumrnit, or suffer no waste, impairment, detertura;imt al said proprrn ur ant part t6rreoi: <br />in the event of failnrr of the n:ortgagnr to keep for buildings un nail preattne~ :. rd tha,r rrrctr+i +nt -a+d <br />premises, nr iugnovetueuts lherrmt, in good repair, the nxrrtgager may- make ~ac6+rrlnurs as in ire+hscrrtion <br />it may deem necessan for tSte propce per,er. at uui thereof; and die full auunud ut ear6 .uul teen -ucli <br />paynuau s6a!1 he imtuediatriv +iue mu) pavehlr: .urJ nbail br n^cur<~+i bt for heu of this mori;:.rg+~. <br />It. Fle will nut t•uhuaurily create or permit to he ~ n•ated ogautnt the pnepcrn~ u:bject to this tnurtgegr .toy <br />firn ar Liens inferior ur superior to the lien ni this murtgag,- w:thuut tia:• ~nttrn rone+sn of the mortgagrr; slid <br />further, that he will keep and eoaintaut the -suer tree !roar thr• c laun .,t ail p<~r.nu- -.++pl,ly m;: labor ,,: <br />- maleriul. for c+utstrucGon ni arty and all huildinge or uuprov auu-nit out, 6eiug rrceterl or t., 6e rrecte+l ou <br />said premises. <br />lfr• w'i!1 oot ern! nr uaalga a+ty part +.i the rent of ._ud nrurt~agrd l,n,prrt+ ..r drnurii.h, ur r. Hoer,. <br />r:r suk-uuttially alter any 1>utlt!i :}; a~;t htut ;br ar; lieu rona:~ut nE the nurrrga;:c<~. <br />(. =iii awatdaaf danteges in eotWeetian wttlt arty cotrdeautattuu tat puLhe a-y „I ar orlon w any ul tb,- <br />praperty sahjrei to tht- mortgage art hereby a~tunrd and .halt by paid b+ atnrtgatEer, syhau may ap!riy- die <br />~unu• to pat uu•n[ of the in>tal6nrui., lac due utnier said note. and nu+rtgagrr +, le+~n•bt ant6w eaed, ur der <br />name of tits evortgngor, to execzttr ,tad deliver slid acquittauce, t6rrrul ,rod t.. ,yy„~.J Iroa+ .u++ .ac6 a+. ar+i <br />6-. ~l~ho~ ururtuager nlral! hate the rig64 to ut.perz the martga H+-+I prr~+u a.,-~.i~ .+n+ +~ .i.,u+.,blr rum. <br />2.' Clofault in any. of the cavenanU or ceuditinns at this instnnncut or of dre m>ty or loan ages.+rncut w•eure+! <br />hereby shall tertniuate the t'CtnriuagaYS right In posr~sion, use, and enjoy mrnt of the pro pe rn, at the optutn of the <br />nl4rtg4gee or his uemi}tnn pit being agreaxl that the rttaregagar shall hnu c• such ngb! until defaulu. l you acv snch <br />,lcfauit, tits nsor[gagre al:a!f !r.^e:rn:e the owner of H!! tat ilea tents at:.i l=ra4ila z+-crumg asft<^r dr{salt a:..rurrtt <br />frr tltr a,+,iclrtcdnca,.x sccu .gal nere`n}, with tl?r.. til;ltt~-to erle+*r uy-est Haiti proper . foe the yrurp4r , r!;<z^i:rtt; :._::: <br />reutF ue:1 profits. '!'lt~ t,.Qa n:;..r.,. s!:vll ='. -s a.~ a~-~,. ~;~:~~... of ty' .....;!+-,,. -_, Frr ,-.,...• ti:F, . chat. <br />