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r <br />uaa8-naocn~n h~RTGAG£ iun~x <br />81- ~,U~3Qyw <br />Ia caassactiaa with the note aad sssortgage esecuted by the undersigned <br />Pxax2swar aad of mesa date heseyith, i<sadar aced dorrover agree ae fal2ooa: <br />1, This mortgage in the amount of S 26,5u0.C0 is subject to a <br />first saartgage or rimed of treat dated. *tareh ,iu. 197E batva~s <br />`~:at5a8 ~'. garner ixxxd :3ari~ara .i. Ne rner 3a mortgagor <br />atK i3anc~s °'xorYCau~ `amfla~yf, - --~,~~_ as first saorL- <br />gagea. recorded :n :±A?' rnuoYy;=_~yr~~ka on "'arch F.S. 29~ _r which <br />first aartgag¢ is :n ch: eurrent prisscipal amount of 17.x75.51 aad <br />si4iiCh i.s mvideaced by a crate assdlor sLai:.ar dacxmsants aad agreements, alI. <br />of vhieh era callectivelp referzad co herein as the first mortgage. <br />2. The principal :nri~c-aaaaas secured by *_his ~+rtgage includms <br />g .17,5':5.51 retained by Larder pursuant ca and :.n canrtideratiaa of the <br />agrmamants of Lander and Borzaver was iort't :n th:.s rider with respect to <br />sash first mortgage. <br />i. Sarrwar agrees to timely ccsGpiy u'i: a ail terms aad canditioas of <br />tea f:.rst gortgage except vitfx :€spect= ca amp pay~aeats of ptiaeipal aad <br />:atesast vhirix Leader :.a here's _equi-ad to ~a;cs, aad :at to causes, suffer <br />or aLiasr,~ay Szsaeh or cezaex.:t taereoa ar say aaendsaent. alceracioa or modi- <br />ficatioa of the terms tseseof. <br />6. 3orza~z viii ~sadiataly :ar-lazd .o :.anaer any nacices or other <br />c4acxsaeats is racei.ves cram ar :a requirmd to ,iel~4er to c:~.e ixoider of the <br />fiat aastgage. <br />5. Leaser agrees ca :axc .xa.1. ,a~~aessts 3_ ,: ~c.fai .xnd ::retest from <br />t:~e to tae dare .xnder suds =first ~arca~e .:ac may, at _ts cpc_~g, prepay <br />sash eortgags :.a viWie nr ..: part. :n '~::e bvetxe ~z .xny aur_;s •scluntary pre- <br />~acymsat Sy :.eeaar, ar..: `..: ac t :s :;.mm ^. ,ucu ~rr~a r..,rat :.o .lezsult exists <br />cadet thla 7ar.3agm ar :he :. ac ~r4gage. c.^.ea weucer sisu ~e ressaasibis <br />cot any appiiczble rtrapapseat ties ,~r ,^.ers:.t.as u:w:er ~:uc:x :first mortgages. <br />Lander :a rot rmquired ca ;.errata ~.r a any uay :eapcn93bla ar any other <br />tnrae or ;rcxvisiaas of cce :first :~rrc~aga ==xcb;t as spec.= :ally set Yarth <br />,`.a t'Yis paragraph. <br />6. ~ :cads reQulrest to ~a 1a:,~ ~~ 3arra,rer xnrier r :e first nnrtgage <br />iz aat:.Ciracit7a t3T st i~G^ar °'gC Ji .:; ny =.3xes. d: SE.~;:.'. ~at3` ic7JUr3aCe. iieAS, i3r <br />atherviae :shall be dais: by 3arresrar .a ~emaer ~ixo ~aa..~ ;.herLwspoa ~ediately <br />remit said sums to _e :.tl3fLr oc Lrie zy°~c .or::;:rc an ueitai: of 3arrover. <br />':a the extant aay suds payment s.s :,; :iisc:xa:gz :~r .snt:ciputiaa of say car. <br />asaaf~saat. ':ass. crr Debar ohli~atiaa xsic~ 3arzower is ohi.:~,atad to discharges <br />os aatic;~ata cadet this marcbagm. thna axu:h asaauats :emitted to the first <br />mortgages shad ba cassyidarssf as suffirieat campiiaacs with cha terms of this <br />mortgage co the extant they ,:ra used ar arc an+d coatiaua to ba available far <br />uses is disehaega of snth abiigat:.ans. <br />X. dith teepees to any inassraatm or eondemastiva praeeeas vhicix may bm <br />rrl~uit~ by L:la 3orcgsgas =o ~e Expnnded i s rascaratian or repair of >_hm prop- <br />erty of appic.l~i ngairst c`xt ss~m suurnd oy tsis marcga3s, any similar appli° <br />cation pursuant to the terms as: the :first ..artgage st.aii., to that eactaaC, be <br />deasa~-., saf:iciest caaQrixi.iaote with the ter_:s a: this sartgage. Ta the extent <br />any seaCh anaa are properip pa;.d ~ redw:tioa az the c+.rst mortgage. ttien the <br />amount sf the tarsi ia+ieiatedcess ua~aer try mortrags sisall °ae consl•dered <br />re$r~emd in ass equal amavat sad. is addition, to thm zxteac say periodic pay- <br />maata +hich ;.essdter baao a.greKd co ray cxpan :"tee r`,rst 3ortgage are -educed oa <br />ttJ~nC of suc2s ~eymacac2. then the asaouat oc any payaaats required :.a ba cads <br />:ros4 rises to L'aiie ~ the 3atraws:r cadet 4:x13 3artgage Shai. be reduced in as <br />ee#uai a7aptpa4 :or agaiwa3.aat parioda aE elms until the iadabtedners cadet this <br />mEt=t~~a if. paid- :a full. <br />ai. :ha Xxorrow+xr aiaall .act pre;say or i;z say vay s..use ar allr~xr ~,.rcpay° <br />msisOt ssF the ?`first ssrrxt;~age axcepc cites respect :o applicncion aE ;;roceeds <br />+s+osier parag~apts T :xereai. aad sxscapt in the case a .final ad,`udicatiaa of any <br />321aity or 2s€~ralidity of the iadeb€a3uesxs a~inr the :first mortgage ao pre- <br />peas ar #sYsea rssiuccioas an tXSn iadeacadnesa of such first a+artgaga ssExall <br />,~ <br /> <br />