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E `~ L~3AI. DESCItIPTIUH; Zit i.311! ~), ~igck "i~¢azlby--t53ia ;2i)s P'g,c]CdSr" ~ax'~'S Seeaad Additicsa to the City of Cr.d isiaai ~sil ~e'ty, ~EbS'SS'~. URAP-AROt,'3F3 ~7BTGaGE 3Y:?r:R g~~iJ~35$~$ is coansctioa with the sore and mortgage executed by the undersigned Borrosiar sad a£ eves date herewith, Leader and Borrower agree as folioxe: 1_ This mortgage is the amount of $ 41,5t10.Od is subject to a first mortgage or deed of Croat dated between William E. Gutknecht and Susan Rpril Gutknecht3 husband and Mifae mortgagor sad rs a era nc0 n - - as first mort- gagee, recorded is a on r~i1 2~7~1977 ~, c°hich first aortgage is is the curtest principal amount of 34,0696 sad which is evidenced by a note aad;or similar documents sad agreements, a]3. of which are collectively referred to herein_as the first mortgage. 2. The principal indebtedness secured by this mortgage includes $ 34,069.06 retained by Lender pursuant to and is consideratiaa of the agreements of Lender and Borrower sec forth is this rider with respect to such First mortgage. 3. Borrower agrees to timely comply with all terms sad conditions of the first mortgage except with respect to any payments of principal sad interest which Lender is herein required to make, sad sot to cause, suffer or allow any breach or default thereon or say amendment, alteration or modi- firatioa of the terms thereof. 4. Sorroxer rill immediately forrard to Leader any notices or other documents it receives from or is required to deliver to the holder of the first mortgage. 5. Leader agrees co make all payments of principal and interest from tame to time due under sucfi first mortgage sad may, at its option. grepay such mortgage is whole or in part. Ia the event oz" say sucfi.voluncary pre- payment by Leader, sad i.` at the time of such prepayment ao default exists under this mrtgage or the first mortgage, then Leader shall be responsible for say applicable prepayment fees or penalties under such first mortgage. Lender is not required co perform or is any way responsible for any other terms os provisioaa of the first mortgage except as specifically sat forth in this paragraph. h. Any funds required to be paid by Borrower under the first mortgage in anticipatiaa or discharge c; 4ny taxes, assessments, insurance, liens, ar athervisa shall bs paid up Borraxsr to Lender who shall thereupon immediately Femit Said sous to the holder of ti.e first mortgage oa behalf of Boozer= To the extent any such psymaat is is discharge or anticipation of any tax, asaessmaat, lien, or other obligation xhich 3orrower is obligated to discharge or aaticipsts under this mortgage. then such amounts remitted to the first mortgages sfia11 be considered as sufficient compliance xich the terms of this mQrtgaga to the extaat they are used or are and continue to be available for use in discharge of such obligations. 7. 'with respect to any insurance or condemnation proceeds which may be required by this mortgage to be expended is restoration or repair of the pr~p- erty oY applied against the soma secured by this mactgage, say similar appli- catioa_purauaat to the terms of the first mortgage shaJ.l, to thae extent, ba deemad.sufficieac compliance with cfie terms of this mortgage. To the extent say such soma are properly ksid in reduction of the fizst mortgage, then the amount df the total indebtedness under this mortgage shall be considered reduced in as equal amount and, in addition, to the extent any perladlc pay- ments xhich Lender has agreed to pay upon the first mortgage are reduced oa aceount.of such paymaata, than the amount of any payments required to be made Pram tic4e co time. by the Borrower under this mortgage shall be reduced in an equal amount for equivalent periods of time until the indebtedness under this marEgage is paid in full. 8. The Borrower shall not prepay or in any way cause or alloy prepay- ment of the first mortgage except with respect to application of proceeds under paragraph 7 hereof, and except in the case of final adjudicaCion of any illegaliCy or invalidity of the indebtedness under the first mortgage ao pre- paya6sats or other reductions in the Indebtedness of such first mortgage shall (contt iced ~n rnverse