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<br />Said promrsiii•} nnt~ wasgipen to secure a loan in which the Small Business Administration, an agency of the
<br />ilnited Braces of,Amet~ca; had par[icipated. In compliance with section Ifll.lfd} of the Rules and Regulations of
<br />the Stit~il Business Administration (13 C.F.R. It3l.I f d i ), ttiia fnstrument is to be construed and enforced in accord-
<br />ance witth;applicable Fedgra# faw.
<br />1. ThE mortgsgor covenants and agrees aaftillotrsr
<br />a_ Ae wfll premptly Pay the ittdelstcdrtas evidenced by said proa»ssory !sere at the times sad an tlia
<br />matatser therein provided.
<br />b. ifs yvill"pay aR. rases, asseeemeats, waterrates, and ashes governmental a_r arun::lpa1_ahargea, fines, or
<br />impadtiotu, for which ptroviaion bas not been made hereirttrefore, and will promptly deliverthe oi5cial rec•eipta
<br />thet+cfer to the said ttsortgagsm
<br />r $e wil#-pay attidt etipertsp sad fees -as. may be incurred in the protection and maintenanca of.said
<br />property,: including the fees of any attorney employed by the mortgagee for the collet lion of any ur all of
<br />the indebtedness hereby secured, or foreelosnre by mortgagee's sale, or court proceedings, or in any other
<br />liti6ation or proceeding atfeetiag said propertg. Attorneys' fees reasonabh' incnrrerl in anc other way shall he
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its
<br />anccerora or assigns, he shall execute and deliver a -~upplrmental ntortRn~r ur nsorttages covering any
<br />additians, improvements. or betterments made to the propertc 6rreinabotr described .uul all properh
<br />acquired by it titer the dais hrreaf ~ afl in corm ~atisfaciurv to nsorty;a~ee ~ .-urihr+-+nsre..ho:tl.l mortgagor
<br />fail to cure am default in the payment of a prior or inferior encumbrmscr on the property described by
<br />this instrument, mortgagor hereby agreen to permit mortgagee to rare .ur{a default. but mortgagee is not
<br />obligated to do xa: and such advances .hall became part of fhr uuiehtr•dnr~. -r~ nerd by this i«stroment,
<br />subject to the same terms and eonditfons.
<br />e. The rights created by this conyrvance -hall remain in full farce and rifec? durint: au+ puatpuneusrm
<br />or extension of the time of the »aa-mrnt of rhr indebtedness evidenced b. -aid prntnisson• nuts or nnv part
<br />thereof secured hereby.
<br />f. He will cmriaaously maintain basted insurance, of arch type ar types and in such amounts as the
<br />mortgages mar from time to time require un the i«+provrment, now ar hrrrafirr on paid proprttt. .+u+!
<br />will pay promply whey due any premiums thereior.:lll :rtauraace shall be carried in companies acceptable
<br />to mortgagee and the policies and renewals thereof shall }ec held by mortgagee and have attached !hereto
<br />for payable clauses in favor of and in form acceptable to the mortgagee. In event of toss. mortgagor will give
<br />immediate tin4ce in arritirtF to mortgagee, and mortgagee may n;ake proaf of lase if not made promptly by
<br />mortgagor, and Bath itsurance company concerned is hereby authorirrti and directed to make payment for such
<br />law dimtly to mortgagee instead of to mortgagor and mortgagee jainth, and the insurance proceeds or any
<br />part thereof, may tee applied by trtortgagee at its option either to the rednctian of rhr indebtedness hereby
<br />secured or to the restoration or repair of rhr property damaged nr ciestroycd. 1n event of fareclosute of tteia
<br />moilgaRe. or other tratuler of title to said property in txtinguiahment of the indebtedness ses:uzed hereby, all
<br />right, titb„ attd intereR of tltt trtartgagar in attd to any insurance policies then in force shall pass fo the
<br />purchaser or nrort{tagrr or. at rite optiau of the mort>caeer, mat (H+ o-tsrrrndrr..i fur a refund.
<br />g. lIe will. keep alt buildings attd alher imp[oaemrnte u« ,asd ptuprrtt m k++cr+l repair amf rundttinn:
<br />will pcrmt._cammi4 or sufftr nn waste, impairment. deteriaratiun of -aid praperfv or ant hart thereat;
<br />in tttr event of failurrr oC the nsartgattur to keep the buildl:rgs on -aid premises and iba,.e erected .,u paid
<br />t}rrtn.ises, nr improvetnerits thereon. in Bowl repair. the mortgagee gnat tual,e suele repairs a> in its discrrtian
<br />it Wray deem nertrswn' Cor the proper preservation thereof; and tree fail aotuuat of each anti evert -+sr1+
<br />payment shill be imatrdiatclti dtte and payable; and shall he ,ecurr+f Es+ rhr i+en of thiw « eurttage.
<br />h. Iie aaili-nat yohmtarily rrratt or prrfttit to he ereatnd against the praperty subject to this mortgage anp
<br />liras nr liege infe-site or auperiar to ttte lien aC this mortgage withaut the written canneot aC the mortga{tre; and
<br />further, that he wilt keep snei maintait the +,auer Irre trans rhr riair:: ,.3 all prr.ottr ,applying labor a+
<br />materials-for ronauvttiort of sus artd all buildings ar improvenernts now hri«:: seer-red , r is hr rrrrtrd an
<br />said premise.
<br />i. llc will sot rpt3 ar arxigtt ass: tsars <sf ?he re:n? e;f -aizf nsastgagesl pr<>prrtt or ,frmetliah, ar renun:r.
<br />r+r suhiiautially aher say trnifdityg without ?fte writirrn rorrsruf of the nsortgnaev.
<br />j. All awatrds of damage. in eotnwttion-with say rorideruttatiort for public use of or injury to art} of tln~
<br />property subject to ibis tnarigagr arr. hereby asnipnrd and sisal! hr paid tp nsurtgaga:e who may apply the
<br />sYirstsr to payntini of ilre installraeatta t,=ai dctr aisder said Buie, ar..f nsurtgatae t- herrt;e atfthoriz.d. in ifsr
<br />,ornrr of rite mortgagor. to r~eulM and eIeMtyefi vii#d.acquittwura thrrr-0f an.l to ap,fsral frotu any su~6 award.
<br />k, 'fhr.artrrtytaKer sbnll have the right to inepret the n+urtka}t.?d prKmr~^. ..t nn~ rr.+„>uahlr• tsn+r.
<br />t:; Ilefar#t,iw nsY of t#ta. emenssttr or canditiom of this instrument c+r of thq note or foan agreement accused
<br />bistcbli attat# trrminatr. flat irwrigagar's ri*ltt to poaseuion, utx, and enjaymrnt of the property. at ihr option of the
<br />iw/trtg. or .his arignr tit bring agreed that the rtsarfgsgoc shalt have each right until default M. C'poa any aucl:
<br />dafaull, t#+r mrnrtttaftee abaft berontr rhr oarner: of alfi of rise rents and profits accruing after default as sersu its
<br />fir the gg3chtadarr rrcunx! hertebv, with tha„ru,#{t to an*rx upon staid property for the purpcgr. of rrsllrrting nurh
<br />reams aaad ~ Tkis tatntraatai shall 'imam >"ti;ar.s+cipuerr.t of my rentals cm said property to that caress.
<br />'. ryA : iRM 42a trFr H]
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