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$1-~~~}4s01
<br />~tlots~ii Ciy 1a~v or federa4 r~rguf=t+o"- %'ri.r;ipa! mcsnts ~rs"•rtair ;,rior to raturit~Y~ mus"'t'
<br />ffe in amounts equal to one a~ rror£ subss;qus:n# pri ,r ,a? ay~terul
<br />3: TttHt in add'ttian to, and teg>;:ther r:it#~, }-e :~•r.tr.lr i:YStali,re,.ts provided
<br />-under the."ierins of the aforesaid ?rotrtissary :dote and an•/ other notes or ar;reements fr,~''
<br />' addrtitrrtal advances-as provided tter?in 'rrnrtaay~r wi 1 t pay as n advance cayrnent fo
<br />fAort<jagee'on the first day of each month until card Tote and `kte trtai indebtedness
<br />secured Hereby is fully paid, an amount estimated cy <~~rtgagce to be sufficient `a enable
<br />'the ivisirtgagee #o pay ai f taxes, assessrner;ts (gener.i or s•eciai?, rents, ar,d other
<br />similar charges against the above described premises, as the same become due. Such
<br />adv~rice payments shaft be paid each r~nth together .+it!'. the rz<.vnthly ir:statin:ents provided
<br />'far under the ferrets of said rlromissory 'dote and any other notes ar agreements ,cr
<br />add'rtionat advances as provided herein it a sinrlo t,ayment and sf,ali nr,t be, nor deemed
<br />to be, trust funds- but ntay t7e commi n~~ l ed with atk,er such f un.ts or . he ger:::r:? 1 funds cf the
<br />PAVrtgagee, and nc ini•erest skat! be payable in resper.t th~;reof. 'rarer;aGor steal I promptly
<br />fanrarii ';o P~~rt+~agee at! bi i 1 ; for taxes, asses=meats and rents and ~; ~:,ayee wi i 1 use
<br />Said advance payments for thr. payment cf said bills. f•~rtgagee may, from time to time,-
<br />. at its option, waive, and after suer, waiver, reinstate any artd all provisions cf this
<br />paragraph requiring such advance payments, k;y notice ta'~vrtgagor in writing. tv'hile such
<br />wa-leer is in effect, P~rtgagor shall pay alt taxes, assessments and rents a~ otherwise
<br />provided I:er@irrafts:r.
<br />4. i f the total of the advance payrr~nts made by 1'ne y'tortgagor shall exces:d the
<br />amount of payments actually made by trte fhortgagea tryr taxes, assessments or rents, as the
<br />case-may tee, such excess, at the option of the t~tartgages:, sttaii be credited by the
<br />Mortgagee on subsaquenT payments to be made by the h~rtgagar, or refunded to the Ntartgagor.
<br />tf, however, the rrtonth!y advance payments made by the "'~rtgagcr shall not bs: sufficient
<br />to pay such taxes, assessments and rents, as the ease may be, when the same shall become
<br />dos anti payable, tftert 'the i~iortgagor shat! pay to the-, 'r.'~rtgags;e uny amount necessary to make
<br />~tf~ ttte d+3ff-~iancv, an or before the date when payrnant of such taxes, assessments or rents
<br />shakl be due. Ifi ar any time the flort~3agar shall tender to the ~lortnagee, in accordance
<br />- with the provisions of the ?dote secured hereby, full payment of 'the entire indebtedness
<br />- represented tttereby, the t+~~rtgagee shall, in camputirt:d the amount of such indebtedness,
<br />credit to the account of the >;iortgagor env credit b~:yfanc«? accumulated ut:der the above
<br />paragraph. If there shad ba a default under any of the provisions of this t.~rtaage
<br />recut t i ng 1 n a pub I i c sa 1 e o f the p ram; se~, covered „<.reby or i ` the ;::<yr tgags;a accu i res the
<br />property oths3rwisa after ds?t~rulf, the ;-tartgagee shall .rppiy i.. such rnanna_r its ~.?ortgagee
<br />shalt determ2ne the balance or a~~vaace payments the^ r'rmaini~,ci in the funds acc:n~,uiatad
<br />under tkte aloes paragraph, as a ~;:racii't against the ±ndebtednes~. s+~c,:red het"~:Cy.
<br />~. That in the event any of tkrr; monthly advancV f,,~iyrrtEnks provided he:'etlt c,r rrusnt'ttly
<br />instalirnents provided far under the terms ~?t said i'rornissgry Note <;nd any other motes ar
<br />agrs3ements forvdd i t Tonal advances hevs3 not been ntaU? by ths~ ti;ntkt day of ttte nx:ut th i n
<br />ti*ttich such payrr~:nt was utae, ~ .a*+' -~.+'rga of up to tE,rt (t'p? percent of the ,tn>zJUnt c,;f said
<br />- fifth#y y"i~yr-~;tt Wray b-. ~:55esG~d ',y *t?~* ~ssocia'tir,rt tc, ,.~c~vzr fkta extra expense irtvoiv:,ei
<br />in hands ing dal inque~nt payments. ittsr ~.2..,•.i:riation :,h~:i ! nut ~~e abl igirte~d tc: x,c~c:pt any
<br />!3~nth!} ~pay'r~nt .=t:~9€ :efts;r that loath der ~.;I the mC>nth :.,n1i:~,s raid rrrunthly payment shdi I
<br />' ~a a~evrnpanit;d b-, the. full arr~unt 4st th~~ late chargra asssyssect by ttta ~.s,4,-,iatian ~:s
<br />prs~vided her~ir~.
<br />.i S h .
<br />--_..- ~s-. ,c, r~~r r~sry ;~( - 3. ; -~X~s, l~ ~~-~. - f`~. art -r~~l r ,. -. - ~ . r t~ , m, I r~r.
<br />-___~ - - - x t.~
<br />t,t,83`t~a 1~vTa_ct ~rsc7 ass~ss~>1 ag~r;;st f#s" pr z,.~~, 1,.`~ 7~;~r, _~r der 1~irt -- - rza><
<br />5eCU1'ed; before they b~?carne del inquant, far which pravi.;ion5 has pat bean rnrsue ?tereinbP.for`e,
<br />c~r>d in default thereof the Martgagvite may pay the same, cjttd all rtx;nvys sw advares~d with
<br />i int®rast at _ 1~_,_,p from ths3 date of such payrnant shall bs~rrrpai:i by h~ar};,acr.%r upon
<br />dernaatd; ~c1d tittall be secured by this Mortcaga.
<br />7. That htortgr~gur k i 1 I keep the i n,{trovarrents vn s.a i a prams see i nsurad isga i ns t i oss
<br />f:tt'Okn fired, lightning and oths~r hazards inc#uded in the •s'tanurjrd oxtartdad Coverage s:rrdor5e-
<br />ir~srtt plus flct;~d insurance whc~rs~ racducred by mortgagee) ;n ors amount rr,. less 1-hen the
<br />1 urtp8id bstlaC+Ct# ctf 'th6 inciabtB~1nQ55 >acurBd hs;rt~by, with toa5, if any r,uyabte; fir srtid
<br />,¢
<br />r1~scic i a~t ion, Tn a Company or cexrtpan i cs accs;ptae l e to tktti; Assoc i a t i or:, ~r,d ~'=t:<:;u l ct such, p41 i cy
<br /><.~r pul{CiBS c«ntain any l.;rovisian 1't,at could limit thr; in=iur<anca .:orr!pany'r. liability tc>
<br />la ay th$ arum vt any less or dama~a up to thew tuft artx=ur}t fur whi+vh i.~i4y s writtf~,l,
<br />the ourtt of 'tn9ur.,.rrsfe to be p.orldas! shzri 1 ha In an ar.~u:tt cuff it.il=r,r to, at sl 1 t ir;tes,
<br />fully pCa'FerFt the AgSoCiatian. It tYbrtgagor fails to prexcur'e or maintain suCrt in~,uran:'.t'
<br />;n tkra tn~ran¢r sprze:ifisdd heroin, thu ASSOCiation may, eat kts c,ptian, k,racursa ctnd pay f~~r
<br />. .
<br />-._ SuCtt -I.rrh,!['s"§f1 (,`La ,- ~rrd "y i- f (i9f;}rt[#y `a 'ii? advan%~G FV i ttr I rifi€3r~:+t z+-f - ~~ a ~ rc;:r: t~.t' :, ~-+~ - "_?
<br />Suite ~ayrt<tnt 5ftalr be repc~Id by. liartyelgvr' upon vt<t,tanu, :srd the I ~,€._c~:.i.red .'y this
<br />'~kar t yaya . .
<br />13. T#t~t t#tr'tr'fr~agor w-tl kE3 the buildings upon sairt ~ar;umis,es rr, ,'ftud ,.;L,ir, ar,d
<br />' rlE.ithcsr ;`;gttelait gStis` pgcmi.t wc~sta upon :,aid rand, nor =,ufftxr thr~ saner prerttise3 it: ,;,., u~.ap
<br />fr.?r any unlfut ~urpc~~: t~?rfcfr~~ar fr,r'ther a~r'v~s 'that wittts~ut th, wriftue, •n€,r~r 1 f
<br />"~ tt~~rrrra Fecf9~'.~l Swings and moan ttu bus ldins;s cr additions to Uxi:hir;f; bus ti;it;c~, °,ft;:t r ",:
<br /><,rscf~,~ anti- i1il parkin+y sbrrd Ictrtds+yaped tsreas :hall- be sal i~Stai:tc;ri i•,~ ma 'rr,t<a tF;,l.
<br />sJ~ '1`liaY. [r't tfira av!attt the i>r'r~mises or rant par-t ttta;:rs;of be taker! :., .3art ~ v; r''_ .-
<br />,,
<br />rif dtiy >yufdi i;R ttpprt'tver?t€rrtt «;° r:.vndemr-~itii;,rt r,,::r?~*ding-;, ?r' urtd~r int:t ~i s,ntrr:szn? tc ,. , ,
<br />ear its arty tafE;aar rtt,~r'rnr~r, ifart~ite 5ftiill e~ srntttibv at i tW, ,at:.,v«, 1•_. ..,•F~trrctn i3, .a F;! 'ar ;r .
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