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<br />Safd ~' ante was given to sectere a loan in which the Sma}} Butcinesa Administration, an agency ctf the
<br />'€inited Mates of rimerux, has purtiefpated. Ia camp}lance with reetioh }tii.l {d;i of the Mules and Rego}a2n.;.= ~ of
<br />the Smxfl Btesinws Adminfatratioa ,13 C.F.R. 241. } f d t ], this instrument is to be construed and enforced is aceord-
<br />atrse -at~sialitalrls F~xal law,
<br />i. The mortgagor ~mtwas and agrtz+e as follows:
<br />®, ~c wift prtnteptly nay the iadrbtedtteas evidenced by said pr~etrtissory note at the titaes and in the
<br />tstatattes tbet*t,~t provided.
<br />8: He gill-pay alf ta:w, sesxsetaenm, water rafts, and other goverrssineatal or mttrueipai cttarge>., fines, or
<br />imptarititma, for which ptYtvittton has not been made hereinbefttre, and will promptly del}vet the of8ciai r~e.-alga
<br />titerefer to the said mntr4gagee.
<br />e. He -will pay ruck ezpenaes and feet as may 6e incurred in the protection and maintenance of acid
<br />property, including the fees of any attorney emp}oyed by the mortgagee for the collection of any or all of
<br />tits iadebttaftteatt hereby sectZrrd, or foree}oaorr, }sv mortgagn~'r: Hale, or ronrt proceedings, ar in any other
<br />titigstiott rn psoetx~iag affet±tinR xaid peopnsty. Attornev>s fern reasanahly inrurrrd in am other wav sha}} ~
<br />paid 6y the mortgagor.
<br />d. For Metter security of the indehtcdness hereby ,erurrd, rapntt the rcqurat of fire mortgagor., its
<br />aucreasors or aaaign0. hr shall execute and deliver a supplemental mnrtt;agr or rnnrtFages rovrring any
<br />adrlitiaas, impravementa, or hreterntrntP made to the property hrreinabusr Jrrerihed and all property
<br />acquired by it after the date hrrruf ~ all in fnrnt ~atiafachtrc to mortgagee ~. Fttrthrnunre, should mortgagor
<br />[ail to rare any default in the paymrnt of a prior or inferior rncumhr:uur nn the property described by
<br />this instrument, mortgagor heeebv agrees to permit mnrtgager to rote .•uch drfaalt. hn[ mortgagee i. not
<br />ab}igated to do ~o: and such advanrr ,hall become par( of the indrhtrrlnr-- •r~•urrd by this inFtnrmrnt,
<br />:.object to the santc terms and eonditiun+.
<br />.•. The rights created Lc this cnnveyanre shall rrntain in full !ores and r}iect during mr~ postpwrrotrnt
<br />or rxtenaion of the time of the paymrnt of the iudrhtednrss rvidrnced Irv paid pnnnix~ttrp note or any part
<br />iherersf seertrred heretic.
<br />J. He will rontinuoualy maintain haxitd insurance, of stsch type or types aad in such rtaouau w the
<br />mortgagee tnay from tints to time require uts the intprovemens:< nuts or her:•after un .ei~l pea}errty, au+l
<br />will pay promptly when due any premiums therefor. AI} ituurance shall 6e tarried in rompania accepuble
<br />to mortgagee and 4fne po}icier and renewals thertnf shall be held by mortgagee and have attached thereto
<br />lttr payable clauen in favor u[ and in form acceptable to the mortgagor. }n event of lost, moreXagor wi}I give
<br />imstediate notice in writing to martgager, sad mortgagee may make proof of loss if not made promptly by
<br />mortgagor, and each inatuanee rampant' coacerne+i is hereby authorised and directed to stake payment for such
<br />low dire~tiy to mortgagee }wtead of to mortgagor attd mortgagra jointly, and the insurance proceeds or any
<br />part therrdtf, may be applitti by mortgagee at its uptioa richer to the. reduction of the indebtednew Marshy
<br />racured or to the reatoratitra or repair of the property damaged or +iratroged, to cvrht ni fosse}orate of this
<br />mortgage, or other transfer of title to acid property in a:tinguiabment of the indchtedness secured hereby, al}
<br />right, title, and intrreat of the mortgagor m atad to ant insurance policies then is force sha}} pan to the
<br />pure}taacr ~t tndtrtgagr~ ,+r, at t}tr t=pti€ut ._.:a>r- rnurtg~grs•, tseac IK• .ttrr«t+.lrra-rl f++r . rrfuteil.
<br />g. lit= will keep a1} }tai}diaga and other tntpruvrments oft Asir! Irrxsltrrtt in gout} repair acrd ruttditiati:
<br />will prrrnii, rontntit, or roger rto wears, }mpairntettt, rleterittrari€ttt of set«i pr+st~rts or anv pert ilter>3<tf;
<br />in tfu crest of faifurs• :n[ iha t3usrlgagar [n (seefa the ituilding: nu ~;titl pretttirrs anti t}t+snr ereetetl on sai+i
<br />}trcntiaea, or impruveutenta thereon, in gwxl repair, the rnarsgagre rosy tnnl.r anch rrpuirs a- ire its discretion
<br />it stay dorm nrcrswn for the proper prrsrrvatiuu thrreof::uttt the full amount of cacti an.l terra +och
<br />}wymettt sha}) ba imawrdiately ~tur and payable: and .hall he serurrd by rite lien of thin mortgage.
<br />[<. He will Hat valuntarity rseate or perm}t to be a•rcated rgaittrt the property subject to this mortgage say
<br />}ira or }lens inferior or superior to the lien of this moctRage without the written cutteent of the enotigageE: and
<br />(earl}ter, t}tat hr aifl itre}, and enarntaitt the wart }ere fntur tlrr c{aitu tit all l.r•r~unr srytp})lug labor or
<br />ttwteriala fart roantt9action +tf asp scut allt 6uileliwtta. nr itetitruteur~vttr crass !x•itr>; errrletl nr Iu hr rrectMl oft
<br />tatgi grearafret..
<br />i. }in will nut rent is ar~ign ant pert of the rrttt u( .aid mnrtgagr<f prupr its or drmotish, ur rratut r,
<br />ar suiaatatrtially a}err eni hnilding S4NIwut the wri tarn rstiseett of tlse nuutgagre_
<br />j., Ali -tt(tltt'ria a( datigigea is eoeacctiten with-say cnutiemttalian for pub}}r tr,:r vi' nr iujun tat any of t1x•
<br />}sraprrty rnbjeet to this ntotigagr ere nrrrhv asaigrrrd and "}tall be paid to ururtgagttas who may apply iha
<br />rat33~ lit }tai (itc{tt nt tti(i inrtatlnii'ititi I,~at ii tie under rani tints, lit.1 3tli)rt~a~fi°t' i~ ht'rrhi sill}inEiiEd, in inf'
<br />.e ~ user ~e~tr; t+a t~rt:ta acrd deliver vs}it! aryWsi!ans~ra i}trrruf an:! t.+ ap}e-al trtt::s stet' =ti=_•h aware!.
<br />~,, i irtu~?rtgatt clot!! birve tl~ rittht tea itwpcet the ut+trittuttc+} pretui.a•F at att4 reasieua flute.
<br />' #: Y~fa+tit ~1tt ttP `t14t torgb ar cadisditions of thin iltstlroatent tar of the note ur loan aKreerneat secured
<br />shall tertairagtc ilae raot~agoi s right to pctwersioa, stag, and cajosment of the peoprrty, at the option of the
<br />ar }tin ititit rit baittg sptreed that she mortgaltor shall hs+r. curb rigftt until default). 1'pon any such
<br />dtt~su!#, the rnortgaltec :Ira}} beretme the ttwtetyt.>--ii #~} rants sad profits accruing after deitult as security
<br />fit- tips ind~}I-tsv3At+irtr rgrYtrad hereltlF, with ~pt,rl~;ES,+wt' ..~¢ property fns the pisrpwr of col}erring such
<br />rants and profits. '('his iartrttmant rltall +eg6itritrt~ i1t'aA't of ltriy retetals oft rgial prgperiy to that rxetnt.
<br />S-fl.x af,. K24 `-a~e94
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