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g~i 20 ~521
S!., ~uc~~_.cOUH!Y'!lA.
An4. ~ lion.... ~, at uq u... ",UBI a .ut "POn tie "'\pee, ..~
to th. Covt bariDI Jw1.cl1ct1OD of .ula .uit tor th. ..,.1D-..t of It. ....lTer ot
all &Del iJ1Dplar *he prMi... &DA tM reBU, 18... au4 ~1u ~, .... tUre-
upon ~6 Covt ahal1 torthri1h, u a "rut _tter .t r~t 1a '\k. ~, an"
Y1tbollt coui.....Uoa of _. ftlue ot *. ...~ pr-.... ... .ecna.r1'7 tor the
.-o\Ulta 'cll&e ~. NlM't~, 0lI" the aolTucy ot &a7 ....0Il or pu'aGaa ~ tor tIl.
payllient ot .uda -.oWlt., uel vi thout notice, appoiD" a recrelftr ot &1.1 nclla ~...
with the u.\I&l power. an" 4ut1.. inelu41.Dc '\b. power ~ rat *. prea1... &D" to coll.ct
the rental thereot aa4 theretroll, th. rft'eDue 4u'1y.4 frat M14 prea1... to 'b.
appJ.iH to the 'propel' cIIar... &D4 apeu.. attentiq tIl. rec.iT.r'h1p, tax." &114.
a.......t. &D4 otller dlar... -.ahn ...... tor _. F"O,"tiCID of tile pr~.e., the
p&ylleut ot the 1nde'trt.clD... 1ec:ure4 l\ere'b7, or .. the 00\U't U7 oth.rvi.. 41rec:t.
~. !ber. aba.1.l 'be DO per80D&l 11UUU7 to the Mort....n or &D1' 8Ub..quent
owner. ot the .n....4 ~".I lIDHr _. JIMS or .br tla1. .n...., U. 'beiDe
un4.er.too4 tbat upon tae oeClD'rellC. ot D ..., ,. _A.UUr, .. btbe4 in J&1'&4P'&Jlh
7 ot the MA8!'D II)~, the 801. ript of the hol"r .t Uli. JIIOr'tpp .hall 'b.
to pur.ue the r-.e41.. apia.t tAe lIOn...... prea1... U prorlle4 tor in tAb
IIOn_. .
5. It th.n 11 any inc:on.iltuq- 'between ~. .on.... &Del the MA8!'D)l)RmAO~,
the pl"0'11Iion. ot the JWI'1'D ~ 8ball &ov.rn.
6. !he provi8ion. her.inaltoY. ..t forth with reprcl to 'the ~t. ot the
NO'JS an4. th1. ~aase are .uJec:t to tae teraa &Del concl1t1on. .e'\ torth in p&1'&_
crapb 3 ot the MA8'fIIt Jar!UID, vlai.eJa 1Del\tu, ~1l1 other 1ih1q., a 'priv1l... of
pre~t, prori.ion tOIl' ~ ut.-t1c re4uction of the principal IUIOUDt ot the
JIO'R, a ItDratoriua on the pl1IMDt of ~r1nc1J&l, a r.4w:t1ou in ~ mnW-7 1nItall-
..nt. ot c~ined princ1ll&l an4. inter..', ant. applicat1G1l of the proc.et.a- 'of con-
u..ation ot the prea1.e. eov.ret. \7 tIli. -.,n..... in re4llct1oa ot the prhcipal
-.aunt ot the lfOTB. .
7. In the eT.Jrt ot a l&1e of tai. ..n.....4 parcel, tile holder o,t thh
JaOrtp.p .ball, upon written reque.t &n4 upon receipt ot tb.. p&1IIeDt hereinaft.r
provi4e4 tor, execute &Ild. 4eliTer to 'the Sell.r ot .uch IIOrtpp4 parcel, or ita
noain.., 1D.truaent. ill reeor4Ul. fora rel....lnc tali. 1IOI'tp.p4 pared tna the
11_ ot thb lIOn.... aa4 1II.\e ~ IDJmMa&, an4 tur.nD4er1na or cl1aeh&r&1nl th1.
.u'tg&&e. !lie ~t to 'be _cla tor .ac:Ia a rel.... &D4 lUI'l'eD~r or a 41.ctiarp
.hall be th. lla of Ven7 'Dlouaaa4 Dol.1.va ($4(>,000.00). heb p&7MDt .hall 'b. -.ct.
b7 a cert1t1e4 checll to the or4er of the hol4..r or thi. lIOrtaac., uel ahall be applied
in re4uct1on of the unpaid principal .-ount of tae note.
8. Upoa ~t in. tull ot all UOWlt. .ec:ur" b7 the ~ ~, or
upon the tak1n& ot thi. JIOrt...ed pare.l b7 ..u..t ~in, the hol4er hereot aball
.x.cute &Del deliver to the owner of the JIOl'"tpae4 pr-.1... a proper .atbtaction
and dbcharS. of thh JIOrtpp in reeor4abl. tora, at the OpeD'. at the own.r ot
the IIOrtp.ae4 pl'tlld....
9. '!b. JIOI't...... prul1.... are the .... prea1... conv87ecl to tbe Mon&&&or.
by the Mortsasee by .. dee4. deliyer.4. cont.-poraneoual1 bernita, ~. lIOn.... Nina
a purcbal. IIOn87 aort.... ciT.n to .ec:ur. a portiOD of tile JN1"C.... Fie. ~t.
10. '!he cov.aan,. her.1D conw.1D.d. .hall 'bin4. aud. th. ben.tit. and. a4ftatap.
.hall inure to, the re.,.ctiY. b.ir., .xecutor., '~Di.u-atOJ", .W:C.8I1On &D4l
a"iaD' ot th. partie. beretO. VbaeT.r ue4, tbe dnplar D"'r .-u. 1Ileluu
the plural, the plual ~. '1apl.ar, aa4 1ih. ua. ot &aT pDAer IIball 1Dc:lu4e &1.1
lender.. It 11 inten4e4 ~t th1. -.rt..... &D4 10M DO'te h.re~ .ecur.4 are u4e
vita reterence to &Il4. shall be c:0118tnM4 ... .. nori4a c:ont.rac, an4 lOT.ruecl 'b7 tbe
lava th.reot.
(3)
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