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$. lilat io tM ntot hf . .uii beia& i~hI"" 10 fwec.. daa ~ .. ........ eMU be I6titlecllO .ppl, at .., tilDe durina
.lICb . lfedOlure .uit 10 tbe coart b.~ j.m.cucdoD tIMnof .. die .ppoi...._ of . reel..r of all ucI JiD&ular the ~ propert)', IlDd
of .n ROIl, illlCUlDt'lo profitt. i_ and n"lOlIa tlNnof, '101II W\lIbMYff IO\lrce lIen"ed; ucI tMnupaG It it ~Ufb, "p~ CO"eDuted
..d aareed tllat the court abaIl fortlawitIJ .ppoiDl ...a receinr WitIJ tbe us..1 powen ucI duda of rt'eft..n ia like CUt'I; ucI aaid .,.
poiDtalt'Dl ~I be ..de by tIN court II a ......, of IIrict rlPt .. die ......... ... widloat ,""'tDCe 10 1M .deqdty .. la"'equac.r of tIN
nlue of tM pntpat1 "'nby -uaaed. or 10 tIJe aoInDc1 .. ~ of die ~ .. UI1 odMr part)' dcfmdUII to ,ucla lUlL T1III
Mort..... ...nb, .pedfiral1y waf". _ riaM 10 obj.a 10 die ~___ of . ncei..r - afOl'lllid ud 1Jenb, ellpr., ClDDIt'IIII tbat tuclI
.ppoin_t than be macIe _ aD adIIIitted equit)' aad _ . matter ill ....halt n_ .. die Morlppl aDd tUt tIJt .... -, be cIooe without
notice to the Mortppr.
'" nat if aD, procetdiop tIioukl be Ulltihltt'll ...... tIJt propertY conncS b, tIUt ~ upaG aD1 odMr lieD .. claim wbetlMr
.uperior or junior 10 die lin of tIUt 1DOnpp. tIN .Mortppe _, fot ill opdoD IJllllMllJatal1 upoo lDIdturioD of tueb .ult or durinl the pead-
eoey thereof declan tIIit -'caP aad tbe ~ IlCUm ...,. due aad payabI. fordIwith ucI -y .t ill opdoD proceed to forecloae
thi. mortpp. .
7. To pay all ucI ti~lar the CIOIb, ft'tlo d1arpa aad ~ of evel'1 UDcI, iacludinl the emt of .n .b.UKt of title 10 aaid laocb
found to he oooftBimt or npediaM ill CIOtlDtIctioo witIJ UI1l1Uit f. the foredOllun of tIJit JDOrtpPt aod .lto iocludiq, whether tIN ~.pc
is oblipt.:d 10 pay ..... or DOC, ratOIIabla anomey'a feee iacurrocl or npcuded at aDY time by the Monppe becaute of the failure of the
Mortl.pr 10 perfol1ll, COIIIply wit~ a.ocl abide b, all or aDY of the conn.ntt. oooditioDt and atipullltiOOl of .aid promillOry DOte, or tbit
mortgtp, in tbe fonclotun of tllia JIlOI1CaP.aDd in couec:ti~ die .-ouDt teCured htnb, with or without lei.1 proceediop. ..d to ram-
burw tbe Mortp&t't' for nery p.,-t ..... .. hIcurrai .. UlJIIJdl purpoae with int~rt'lt from date ~. evel'1 ,ucla payment .t tbe rate of
eiilll per cmt (I~) per aDDUID; ,ud1 p..ymeo.. aod obli..~ with Interat tawr- .. afornaicl, .ball be MCUred by the lim bereof.
I. To kt'Clt tbe builclinl or bulldiop DOW or benafter on taid I.nd inlUrecl apioat to. or clamqe b, fire., elttmdecl confalt' aDd
other peril. in " apm Dot laa tban tbrir full i..urable .,.Iue at tbe COIl and npmIt' of tbe Mottaaaor in . company or companin .pprond b,
the Mortplft, tbe policy or polida 10 be beld by the Mortpgee. and .ucIa policy or polidn of IRllur.oce .ban ban .ffilled thereto · Stan-
d.reI New York Monppc CI..... mHiDa .U Ioat or ~ under .lICb policy or poIida pa,able to the Mortaape u ill internt m., .ppear,
and to delinr ,aid policy or policia 10 tbe Mortppe wllm iIIued with the recelptt for tbe paymeot of tbe prcuUum therefor; ...I in tbe evmt
any .um of motley becorDcs payable UDder lucb poliq _01 polidca, the Mortp.pe thall ban the opdoo 10 reccive and .pply tbe UIIle on account
of tbe Indebtednt'll teCured hereb, or 10 permit -the MortaaPr 10 recan and Ult' it, or any part thereof, for other purpoea. without thereby
waiving or impairina aDY equity, U.. or ri&ht under or by viltllt' of thi, mortpgt'; aocl the Monppc if it d_ nccnt.r, may piKe and pa,
for .uch il'lurllllCe, or .n, p.rt thertof, without Ioti!ll. waiviq or .ffectina MortlPlft" option 10 foncloM for brellCb of thi. covman.. or an,
pllrt tbereof, 01' any ript or optioo uuder tIJit IIIOrtPPt .Dd every aueh p.yment ....n bear inter. from d.te tbereof until p...ld .t tbe rate of
ciaht perCent (I~) per aDDWD, aDd all ,ucla pa,-" with ia.... .. .foraaid abaJI be IC'CUred b, the lieD bereof. In the nnt an, 1- or
damaac i. .uffered Mortpaor .ball notify Mortppt' of .ucIa Iott or dam.p witbin forty-cipt (4.) houn .fter tbe b.ppminl tbereof; the
f.i1ure to give ,ucb notice ....n CQDJtitute . del.ult and tbe Mortp&ft ,b.n h.n the ripb heran &iVeD for ,.n delaul..
9. To permit, commit or IUffer DO waatc .nd 10 aWnwn the Impl'O'l'emetIh at .11 timn in . ...te of aood repair and condirioo; aDd
10 do or pennit 10 he done 10 taid prctoita nothing that win .lter 01' chaDp the "" aDd cbar.cter of ,aid propeny or in .ny ,...y impair or
weaken the teCurit)' of .aid mortpit'. In C1IIt' of the ref..... oqlect or iDabiUt)' of tIJe tdorta&JOr to npaiT and maintain laid property, tbe
Mortgaacc may, at ill option. m.ke .uch repain or c.ute the __ to be made ucI .dvance lDODIa in tbat beh.1f wbleb .UIDI .b.n be teCured
by the lim bereof aDd be.r interat .t the rate of eiPt per c.Dt (I") per annum.
10. To deli"er tbe .b.tract or abetradl of title coverin~ tIN moruaaed propcrt)' 10 Mortppe or I.. detianated .gent, ,..bicb ,han .t
.n timn, durin, the lift of Ibi. mon6!a&e, remain in tbe '--100 of the Mortlaacc .nd in event of the forccloaure of this mortgage or other
trantfer of title, .n riab.. title ..d ;oteral of tbe Monpplr in aDd to aDY auc:h abttract or .b.tradt of title ah.l: pua to tbe furchaser or
grantee.
11. n.t DO wai"er of ..y C'O'IeDaDt beran or in the obUplion IC'CUred bereby ....11 .t an, time bereafter be beld 10 be · wainr of
any of the other term. hereof or of tbe DOta It'CUred htnby.
12. n.t in order 10 8/Xt'1err.te the maturit)' of tbe lDdIbtodoea hereby It'Cuml beta_ 0' the failun of the MortPIOr 10 pay an, tax
---.. liabiliry, obliptioo or mc:ambraace upoD aaid prvpcrt)' .. ltemn pl'O'l'idecl, it .ball Dot u oec_ry DOl' requitite th.t the Mortppt
....11 fint pay tbe ume.
u. That if the Idortppr aIaall fai" DeIIect or ref_ for a pcrio4 of thirt)' (SO) d.,.. fully aad promptly to pay tlte amounll re-
quired to be paid b, the note hereby aeeured or tlte iDterat theran .pecified 01' aDY of tlte .WIII of -er beran referred to or hereb, It'-
cured, or otherwise dul" funy aocI PlOlllpd, 10 perform. eDCute, comply with aDd abide by each, ~ery or aDy of the coven.ntt. conditiOlll
or ttipulttioo. df tbit IIIOltpp. tbe ~ry DOte 1Jenb, eeeurecI lIDCI/or tlte CICIIMlrUction loaD qrecmeot, if aDY, tbco. aDd in either or In
aD, of ,ucla enntt. wltlIout notice or demaocl, the Hid agrepte ,_ _tiooed In aaid p~ry I!ote, 1- pnvioua paymeoll, if aDY, .Dd
aDy aDd .U 'UIDI IMIItiooed herein or teCured hereby allan becoIIIe .I_ aDd pa,able forthwith or thereafter at the oootinuin, optioo of tbe
Mortlaacc u fuU, ucI completely _ if aald agrepte _ wen oricin.ny ati~lated 10 be paid .t ,ucb time, aDytluni in .aid promillOry
note or berein to tbe contrary Dotwithttaacl1D~ the Mortppe ....U be eDtuled thereupon or tbereafter without notice or demand 10 in-
'Iitute .uit .t I.w or In equit)' 10 mfofct tbe of tIJt Mortpaee hereunder or UDder taid pl'OlDitmry Dote. In the nmt of aD, def.ult
or breach on the p.rt of the Mortpaor he er or under aald pl'CllDitmry Dote, the Mortppe ....n b.n tIJe CODtinuiq opdoo 10 nfol'CC
p.ymmt of .U IUIDI IC'CUnd hereby b, actioD at law or by ,ait In equity 10 foncloae this IDOttpp, either or botlI, concurrentl, or otMrwite,
and one action or ,uit .b.U Dot ab.te or be . bar to or wai"er of tJae Mortp&ft" rialtt 10 IDMitute or maintain tbe other, provided .aid Mort-
ppc ,haU b.n only one p.ymatt aocI ntitfaction of laid indebted..-.
_ .... That in tile enot that Mortppr .....1 (I) coaMDt to . .ppoiw--t of . recel"er, truatee or liquld.lDr of .U or · .ubttantial
p.rt of Mottaaaor" IlIIt'lI, .. (2) be adjucUcated . bankrupt or iDllOl,,-. or file. yohurtal7 pedtiC!ll in bankrupecy, or .dmit in writin. III
Inabilit)' 10 pay i.. debta _ they btcoaaae d1lC, or (1) make . poeral _pmmt for the beoeflt of c:rediton, or (4) file · petition 01' UtI,,"r
_kina reorganiution or .rraaptllt'llt with cnditon, or to take adTUtaP of aD, iDIOI"eDC1 law, .. (5) file .n atmYer .dmitting tbe --
teri.I .lle,atiODl of . petition filed qaiDlt tlte Mortppr ia ..., baDkrul*1, norpoiudon or 1_lvt'DC}' proceeding, or (6) action .baU be
'"CII by the Mortppr for tbe purpoae of effectiDI aD, of the f~ or (7) aDY order, judptettt or decree .ball be mtered upotl an
.pplic.tion of . creditor or Mortpaor by . court of competettt iur .ppnrriq . petition _kina appoiDtDlCDt of · ncciver or truatt't'
of .n or . .ubetaotial part of tIIa MOrtpp', ..ell aad .ucIa order,-~::i or decree ...all oootinue UDlt.yecl ..d in effect for ..y period of
tltirt)' JSO) CODIt'Catin cia,... tlte Monppe _, d<<Iare the Dote aeeured fo-dJwith due aad payable, whereupon the principal of ucI
the ioterat IlCerued OD the DOta and .U atlter ,_ laereby eeeum ....n become ~ttbwltlt due and payable II if all of the aaid ,umt of ~
wen ori&i....I, ttipulaaed to be paid OD ,ad! clay; aocl tllt'napoa tJae Mortppe wltlIout DOdce or clemaad ma, proeecute · .ult .t I.w and/or
in equity .. If all moala ~ IiIenb1 11M aIatand prior.. ita lMdtutlon.
U. nat tile Wortppe or UI1 pmOD .udIorbed by die Martppe ...all ban the nPt 10 eDter upaG aDd I..pect the DJOrtPPCl
prenuta" III all naooable tima.
16. That aDY lUll! or ,\11M wltkh may be loaned or adYaDC*l by the Monppe 10 the Mortppr at ..y dme witbln tt'D (10) yean
from the date of tbit indt'DtUrt', topther with iateral thereon at the rate qreed upon at tbe tilde of wrh loan or .dnace, .b.U be equ.lly It'-
cured witb and h..,e tIJe IaDIt' priorit)' _ the orialul iDdebtednett aDd be .ubject to all tbe termI aocl prori.iORl of this mortpp; pro"idecl,
tb.t tbe agtepte IUDOUDt of priDCipal outttaDclioa III aD, time .ball DOt nnecI aD atDOUIIt equ.1 to one ltundred ..d fift)' per emt (lSO%) of
tile pnDCipal aDIOWd oriaiDaU, _um ltenby.
'7. That, if required by Mortppe. the tald Mortppr win pa, aDtiD the Mortppt. on tile fint .la, of each and ~ery comecutive
month, . IUIIl equal 10 OM-tWt'lftII of tIN .nnu.l .-ot 1l~17 10 p.y all tut'I and.. --.. qaiDIt tIJt aaid IIIOrtP&ed premUa, tald
_tltl" IUIIl to be JT ......... catnl..... 011 the _t of ..- ___ ....... ..... ~ pnmiaa for tile pmloua year, ... If
further required b, Mortppc eo pa, .U iDlUraDCt' premiulIII iD manner ucl fonD .. pnwhW JMnIa lor die pa}'IIIIDt of tua ucl _TII-tDtI
11. n.t iD tbe ~CDt tile Iou wbklt tltit mortpge II ai"eD to IICGft II ...... for .... ~ftaaodDC eitIIeY tbe CODItrUction
of DCW bulkliop or the UlUtfttudiolt of baprovtJDlllb mdJor IIddidoDs 10 niItlq bui...... tbe , If ~~ by the Mortppe,
npnal, qrftI to cIepoIlt wlda die Mottppe or I.. dalpatell .... aD aIIIlIUIIt Of maeey equal to tile ffceace De net oroc:eedt
of the Ioaa and ..... total __ _ cIeieriDiaed b, die -.sortppe.=m .. folly CllIIIIpIeee .... c..eIb'.x:tlon ia accorelaoce with die plUII
aod .pecificadona wi.fon ...... by die ........... _ a by the t.IortpIII. 8alcI amoat 01 IMDa1 ...all be piKed by tile
Mortppe la . "LoaM ia ~ ~ In the nUM of the , - tile .... _II be aaed by the MortppI to pay the c::a.lI,
d1arpa aocI npeMII lKarnd la eoa-- witII aa1d .....lIlIletion prior .. dltbunl~ 01 dale Iou. It II .urtlter -.r-I mat In tIJt IYeDt
eald CODJtrUCdoa II .. folly ampletecl on or Mfon the .... ~ in - CoaIcnaedOD I.ou A...-m or in the ...... Gat tbe "..n ...
..w CODItnICIioa .1Iall ceMt' before full com,ledoa aad audI CItII8doa ,bail coada_ for a period Of .. (10) cia", or If .........1 CIOIICla_
........- ..... .. .be .... hi sttdJ ~lICdoaa tbeo .. hi .., .... I'YIJIt die ..w ..... .... ,noel,.1 ucI ...... ~ .. IlIkl
pnIIIIittoi7 .... ud aD ...... _arelI 1Mrtb1. Ma11 ~ .... ... ~ ...".... . ......... at tlta opiioD of ..ald Mortppe. .... ia
die eYeat of ludI ce.adoa .. :..;r; ..w ClllIIItJucdoII for . ,miMI .. ... (10) ..,.. · If ~aI CaDdD_.. ~ ....i ... be
....... ia IOCII (1 ..c~h.. .... ~ ~ II Ita .... __ .. ... .... .. ........... ~ ... -..... _II -
atnacdoa III IIada _ . II .... ......... Wl6Mt 11II1 ...,.... frea.. .......,...; die .... ~ ...,. ........ acI paadJII
ID"~ foR ...-- ... ...~ .. ....... .,., .... .. .,. ... ""'11" "....., .. .., IDIIO IlICII ~.. ., .,..
,....-.. . ...,. lie ttlIC*IU1 .. _........ un .,.... .. . ..... ..., .... .......... .. .... "LouI III PrwceI .~1__ 1M
.. ..... ., __ .. ....., am..l" .. ....... .... n ~; .. .., .. ... ...... .....,. "" die ........ .. H rv''''
wttIJ 1IJdl_.' 11 .. II' Idll .. __.. tile........... -t... .. ..- AcaAf8 ... be ..... ., die .... ........ tWIt ...
=1~':f ~ II .... ,.. .......... .. ....,. , I"]' -. .. ... lie ..... ~ .... - - ~ .. ..... lie ...... by ... ..........
or~; - -