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2.
<br />$2-~iJ~436
<br />~#';#owe:t# t,y tax- tar- Ceder. # rcigu#atioii. t3rincipaC :snx>ur:C, C;rc,aaid prior to maiuri ty must
<br />. ~': in ~xrk3~untS ec}uaC tc3 o*r;e cir mote >uh5dquent prir=i#, ;; Yayr::er?ts_
<br />3• Tfiat in additic3rr tti, and together xittt, ft`ssn rrs,ntf:Cy ins to#tmer,ts provide-d #ar
<br />" under- the terrn5 6€-the a€oteaaid s rorraissory fJotP ind >tny .utter notes or agreerrwnts for
<br />addrfiefxr?tf advances as provided fiersin ~~rtgago r<i # # pay as an advance payment to _
<br />tr'tgag2e ort the €irst day of each mr~rrth'isnfi i .aid 'to#f. and the tofiai indt;b#edness
<br />seethed fterraby #5 to#ty paid, an amount estimated by t~r~rtgagee to be sufficient to enable
<br />#he3:1»brfg8~e to pay aft taxes, assessments tF7encra# *.~r ~peeiai ; , rents, end ether
<br />si-rfti-fir- oR~rres against the abovo dFscribed prsmise.=a, ~~i", thy; sam<, become due. ouch
<br />advance ptty~aertts s:ia#t he paid each rrx;nth together wilt: the monthly instalCmer«ts-prcvided
<br />€nt--under tf'ee Perms of said Promissory Nate and -any i>ttu:r notes or agreemt?nrs for
<br />a~d~i tf~c~na l a<,war}ca?5 -;~ prr?vi d€~d hire i n i n a 4 i ngtcr C,.,yr=v.~n t .;nd ;h.t 1 I not t c: , nor dc~rmed
<br />`Fo tie,- tr-u5f funds" UUt' •:,ay tse cummirtg!ed :vi#h o'f-her su=_tr funds or the ~,enerrii funds of the
<br />- f~rrtgagee, -and etc interest sha-f ! be ,sayable in resprar_t thereof. F~~,rtga<~r sha! I rrrar,~ptly
<br />torwerd to M,ortyageEi ~;! f tsi t is {or taxes, .9ss~s mi;rof•, and rent; and Mort•~agee wi (C use-
<br />maid advances payra+rnts for the payrtxint of saki bi i'.•s. t~tortgagee may, -from time tc time,
<br />at its csptian, •aaive, and otter such waiver, reinstatf; arty ,'antl tilt provisions of this
<br />.paragraph requiring such advance paymre:,t,, by rotic~t to Mcirtoagor in writing. l°lhile such"
<br />wa-fiver i5 in effect, iJiort.Sagor shat 3 ~;,+ay ~i, I"'taxes, mosses>srrk,nts ;~n,t rr~nts as otherwise
<br />provi;ted heretnat'ter.
<br />4. t f 'the ttii'af of tha advance payments made by the t~k~rislaUOr sshai l oxceed the
<br />-: amr,uat Of payments actual ly made by the f~crrtgacfee tr;r t.ixes, assessments or rents, as the-
<br />Cas~ .may. pa, such e.~cr;sS , •r t t hi-~ v;: t i qn rat the rkar t q:3c;«e, nha i i ~e s-rod i fed by 'thx:
<br />akartr~agae art suttsequcnt payments to ~c.. m~ida by Cher Mortrf<-trar, or re Funded to the Mortgagor.
<br />f f, howiaver', fhe rr~nthly advance payments madt~ t,y Cite r?r;rtr#3~ar ;halt not be sufficient
<br />to #aay suc# #axea~, ass€~ssments and re. rats .is 'the ,:rye rn<iy t,ca, whc,n 'the same shat f become
<br />u*ue ar;c: pay~ibit:, then ttt~, t~k,trtt;~tg.~r -:nest 3 ii~ly !fir fittp PA:-r t.i.9taee }ny dfriGUnt neCe55ary -tD makB
<br />u;, thL .tt.ti..ii:ri,:y, c,ri vzr C~efr~rc~ thy. d~atc• when p~syrttonf cif r,ucn r:axt'•s, assessments or rents
<br />5nai t bG duz~. i t a# any fir?rte tYe t#ort::ag:~r ;hat I fierder to the S-#cirtrtagee, in accordance
<br />xith they provisions of the ivt7te ,~c~rec# hereby, full ;~aymun9 of tt:s: entire indebtedness
<br />- _.
<br />rapresented tt;~;reby, the t.~;rtt~~t::iee :,Peso l t , i n. corr:pu t i na ? he ,im~un t of ;uch indebtedness,
<br />credit tv tnr~ =~r:ct,unf of th~~ ~tortgayor any ~r~~1ii r,.;i<;+<_~ ,~ccumuiared under the above
<br />-- pai-ar~{raph-.- jf ther'e shaft ues .s cletar:Cr ,rd,>>r ar,y :tf tk" ;~r=__avi~ian•1 gat this'~«rar'tq.~ge
<br />r<zsuCtirtg in a pu;al i,~ ~,.,ai c.f tt?e premit- =avture~d h,erta:y ~r i i fP;e tvbrrgaye~ acctuirQs the
<br />pre~pcrt°y c~therwist after c~efauit, thew °=k; + .rf~~e ,f::ii: .a,:pfy is: ;u;:t: manner u,, f?ortgagee
<br />,mail dratea~mirre tha nai.i~rtLad of advanr:er payments thin ~"mviininq irr the tunUS accumulated
<br />und:3r trte above Caragraph, as •.i crc:di r ~~gainst thr~ inuel~'tednr;•;s ~.uc,ared herE;by.
<br />5. Fnat in Chu event <;ny oC the rrranfihly advance C?aynntnts pr~.?vided herein or rr;onthly
<br />itss'rati:ne~nts providucls~r urrd~r i'h~ forms :if •>:~id C'rc?mr ~~,~~ry tde;te ~3nd any othar nc;tes cr
<br />~grt3er:rt;n#s tut r' addi'tlonai .: ;,v-a;at:a3 have Hoot beer, rst~iCi~ by ftt~ 'tEanfCt day 6f 1he rnonfh it,
<br />whiCtt such pa}~nt~rnt wiS du+:, ,_, l~_,teT t ~;ri;e• uS u;: 1.; '_irr { 40? rtf:rc~;r,t c,f Ctrs :}rxr.,unt e;f 5aid
<br />mOtthCy paym~;rtt may bc: d~~sv~,;,ud i;y the nsso,.:i,etis>rk ti. r,:t,vr;r thn ~:x#rzt ex(aersr. ,;;•,~olv~t)
<br />,r, h;lnti#'rrtg df~;i in;}uent itay*.-a:rtfis. Tt;G A~:..,..•_iati.>n =.Fa{ I -, k,,; a,# i7~it~d tc t..:.2p;t gray
<br />-_ -.k.frth;~ trayf,-,e'strtt rrcava ti?ter 'C;u trr;f4; ;Say .,f ?t.cf -=ar.r,ft< ~r,ir=,;: .:i; r:tcar;Yh:y i<~ynri_n? ;hr~tl
<br />a~v-.:~, ;. -=`~u a-y 'fta c a1 C ~..-, tf;F' i _ _ „~: "] r, _-1 . p t:;. P ,^.e;•=t ft 1 _ ~3
<br />G:, F2 i?a>.<' i3rt1 d!«d ~iCt :a-k~+.•, _..nxirii~, (c~c=rix•t=r] ,_,r ,•r.•~t.._~i), rents _~ncC 1'_t"tier' ~imiCar
<br />,.h;ir-t~TS is<vieiJ :ins at,_w5s,3c~ ..ty~r;ra_t :rte Cr~m,r~cs, trt,~, xtrt,t~rcZ,~, r,r indebt~unc,_;~, hc~r~:,Uy - - -
<br />secured-, beiz;re thcsy btw.~rr«r: tir~Cirxtuar.t, tear- wPCf~cts fir,=vr-,err,=, pray; nc>t boon Dada h€rr':in[?rafor~r,
<br />a~xtd irr itefautt tnc3r€:af 'Ync'~:tctac~r~~ ntay pay tt~ ,tnr_~~, .i>,,, ail rra~nfryr> >>t2rrlvanr:ed with
<br />ixttr~tx~ut at 1$ -- _ ;; „c,rt the date of _,v:cn pstyrtter,# "t~~ali ;;c rr~p~rid by f~Cartgag:ir upon
<br />__ ctc~sn:arra#, an:1 shi; i t7~3 ::~u~urEt~S ray tr,i., =#;r t:,.ig~..
<br />7, i'hat F•;ctrtgar' wit 4 keep tn~t irs~raivJmcntS c.ra maid pra;rrri'~ts insured :against Eons
<br />(trpm * i re, i i gh to i n~ and .~ }vier hazards i nc f udc:d i n th4. °siandard .xtendcnd t~crvesracie endorse-
<br />- nEip~In`t ,7rU~ ?SOt3u a=at=x~-r'~1nc~? wna3r?; r-t;.yu r,~d ~y ~rti,=3~$r-`f'% rn :7si Urak7ant iCJt (#'S~ than tti~ `
<br />.1:;-fiirc7 ~:1':tiice, .7F .i,e. .~,i~:..a~t,ea:~., ~~ri~cF! ,+~-rc4ii, .r- , .`-. , f .,r;Yr FiBy)tit", ,~. .,ctid
<br />-
<br />+A:a::,t-rc~Cati;.~n, Cn a ::.err,#aany rest ".:urrtp:artiv°.. acc,~C~t_eb#e 1'e; rr,t_• Ab,..,•.:.i~rt ion; and shc,uld such poI icy
<br />ox' t=ot i_i~`-3 <€knt3itt aka-{ +~ _,,, tt;at tf~uid i itni t ft++. inlur.fni,a: :"_z_arrtpany's I i-atxi C iiy to
<br />Fa'r trs[f :~rauurtt pit any ,ta» rr ~iarriag<: u,~ fry 'thx fail :rr~u;,t f~,r rhictt potiCy' iw~ written,
<br />tttea asrtgtrnt of ir~s;irattcri tv be' >rC;vidc:d shaft tee in .,:: ,itr~unt ~sufti4ient to, at aft times,
<br />f-..al ty prtiteot Thrrt ~5@tic iatfuri. I f *<#ortcta~for fat fs t? C:r:>,:arrr, t;r ntaint-.Fain s;,;~h inSc:ranre3
<br />ti_t!~,~-~_f~ - pe~~r~'_he=r>:.-'#,- t c ~~~;~ r-ett,~t ~•~y, ;tt u~+rbot,~ ,„z•~ar> y,.{ Fa~£ f~=r
<br />- ur.-t~:.ii-_ir,:sG]'.~ni~t7, ~rr~ ;~. k.C E".X]rl#~Y-~ aU .testy-~rac:4s~ wit{'i .~, tom. c~,Y =r ~" _~cr ~~ #rti.F+' ~t~: ,;I,~it~ i1f
<br />Su~,tt p:aystt4:ctt <-,«a1 t opt repaid bp• Mot r;t.:gor ~r(;c>n riem.ia,~f an:# •_„ iE i t,~ -,....vr~r; ~~y`hi7
<br />rtr37s',_
<br />_ _ ~. thstit thr3 `~c5i"tt~ta:~?r wi+? kae~p the L~uitdux~.,s upr:n °,.riv Ca runt! ,[>; in ,r,2., rr,nai r, rind
<br />- rr~ittix,~ ~~-r :at~r p *'it, a ~te_ ;RFs~a- *~asd t~rn:#- niz ~ r~ - thr i•r~ r rema~• f~ a~ ~ cad
<br />s L.~r -i`4rty ~,Ft#;3rafut #?lrrfiti .~.. ~~~r ta:}ci C'CL?r t-r3r trk~r Fle-{r~L. its tt lei tree trt t~ wrt-s -t e,r .~r°:~ t-'- ";t
<br />- Mi)±1tc3 `i'b~,_3t- `,X-a-iV til~~ ~2ii#-~_+.kf?_ nf.?-t,.Jtti~(H~~ :!r ~~i11~e~€a f.~e t=n. ~t+et:~ E>ullus .~3 .f,~3tt ~. t?
<br />~ar~?c±~tS ;`}t1,i:! ,t! # rib~r&~i r¢g ~an f t ~i,ati;;a a~seT~cf qtr <~,im, S,hd C ( tt,> ;:,a t i ~, t .3~.'nr i i y rn;r i rt t ~; s -;.±r:.
<br />~. Tt€x€ = rt the tzve:Pt' nc~> Cyr ^lI ._:a., nr ar.y Fart tt,~;.: ~ c . „~ :rFC~r, :r ?,rr ~.;,c, : rt a~;c:r:
<br />uj .~a-,y F:ci'--,-i ,,r:. wac'~at- .r Wit. i~~t:. - . ,:tr_ +~- ,i,. • ~... ,
<br />Y, <«•ar~ *xaa'! x"r~o~;ti ~ ~ f _, .. _, ,,
<br />- .fir i_,E 7ny ~ ~! - 'r~*t1fTE§r, _ r;:i ;r4F.. .s rTai f z""e~z•4,rsi•-, t,u.,`,. .-, - ,,. ic -.;;`.:t:c: r , ~ . ~:t - .--,
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