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1i i;!,ti! dafa!Ihv) thy' l:e;fE-iu)arx~ of tha a.)~~,wj)ttr •ud agcces;xirsts of t4-Ls tntatfa~~•, tter nre.Mt~a~~+.mt! a}~ll be atitttlLtJ
t,l tv}Ire; t}.e rents, irs!,rs a::d lx«fits frx~lan the lxesr,iat>e hrre3nl:`ef>_sr ell:u-i}tccl, but hti rise of a clafauh to any e)f tllo tr~uk of
this nx'rtK_ ,,{e, and thg ftlinp, ,1f a loll to fLxrrlas~e thls cs an rstl'i~ r~arl~u$a t~~cur)bestng t4a w_th~i) dc,~-rilxd pst*.~{;~rty, tlx
:;cs±tiatic,u s})all irnnx<e}i:etetti and ~fthuui rtOtiC~ l.*t+ et)tit to t~>,e a~wfr!tns<=f,2 of a }letdv>e-r of tl,r n•,ustga}~czd ,r~)e;t}, and
of t}:r .ants, issues 3114 1KUllt~ t})esr`)f, with thrz' utst)u} l~rnres of l;acri~•cn to rtuk) c~x~s, end ::,ch ftrc-ess•tsr racy 1x• <rntinurei
In 1><;ssrscxn) of the -_)id 1)rul~t-rtv anti} the tirnP csf tlv~ salt. thc?rtvf tvxi>~ stxh furrckrairrt, alx! anti} the ct~nfirmaticxl of surl:
,_r1r },; lix• Court
tis If ,; c„nvevancY• shcxrlrl },f. nu,clr }>>• tha rr,artgakcxx c'~ tl-c tvrr+rnis+=s l,er~l,) dracribcri, c» Rnti• fart t})erritf, wit}wut
!h, tvlittrr, cti,r,ee•nt t,f t})e .~sstxi:pion, r,nc! H'itf)out ess:+rnl)tivr) in rry,)!}:sr for:±) o{ lr:`: t)s' the Rrsr:trr of tht ob}l~)stit;ns to t}n~
~,.;><i:,tr,n cr•'i)tni h. salt! lHOtnustxv !raft ant! this n)csrtg,a~c, chit), and in t})st e.rnt,•a~u1 at t})e c,l)titu: u; t}:r as:«xi:ak))t.
,n,l ~.;!},<n)t n,.t:.~•, al! ,u!ns of nx++)e; seci)rc~t1 html?v shall irnmecliatelti• and cc)rx-urre;,tly with s!xh c•r~r)vcvi,u~r }xc~;lnr dt,r anti
I,.,tahlt• cnlel in rirf:,utt. "l~he ,'~sst>e-iativn nks~• de~rl u-1th sucY-rsae:rs i,) ioi_rrst c,~th rrfr-ri-r:oe to t}lis rnortKagr t,n<! t}3t' debt tx•rrb•,
;cruet<1 ;n the ;.)n)e n,anuer as xich the n)urt{IaKory, uu! may frnl~rar to xue or rn:-r extend tin)r for iti)~•rr,rnt of tlu rlcbt, sec~~rc`cl
IiPrcl)v. nr ~ thcrtiice ac; .sithout dischar~irl~% rn ir. a+)v ~sav affecti.n~ the hul,ility of the n)ortguRirrs })rrt:u)drr or ulx)r) t}:a clPht
hPleht s=•cmtYl 1}u• Ass!,c13tStAl may a so deal ":it}) the htortgn};tus and ar v:'itl, atscrr-saNS in irate-rest s.ith rrfefrf)cY to thi,
:nolti~.,t;c :,rat! the ,leht }:crrhv srt~Lrrccl ht forl.rairir,g t:, sue, ezte^)ding t}:c tune for }tic:~nle'i)t of the tlrht, lxovielink fix :liffc-rPZ;t
:rn:!,t}ac lu•:nx•r,ts .oxl%:)r a cliffrrrnt int<•rx`<tt r4tc, and b~' uthrr es}*rc< t:)exlific`nt:t,!u of the :vr,tr,!ci, t, ithcx): losint; snv !)rioritt
thl' 1ss••c l:!tit,n has t,tc-r u'})e) n~~rtK:r{;c°hs ur iiPl)oi•t o.* ht,jcl~rs of any junior intrresta in the l;nl:trv srt•ur~d }x-rr~,~.
111 'I'h.:t In ±hr rvt`nt the !•:rrrnlu•s '})rrrhv rnortKa t~l, or anv lmrt therr;)i, sl)al} be .±~x}enu)ee! :)nti taltcu E:)r public +rst
:n„lt•r the j)t,tccr r)( en)llx•ot tlusnau,, t}u• :~ss;:xcatu?r: steal}save the right to drril:,nd that all dan)af;es auanled fur the taking r)f nr
:i.,lnakt-< t„ s)l~i t%n•r:;i~t~s shrill },e. tutu to the .4sx~ciatinn, its sucC•^3strry or acsigt:s, up to t})r ar:wunt un}~)id on this mnrtgagr arui
:n:)v }x• .,l,l,irr :l nlx:n ihr 1?ct` met;t or 1•:;rs•nrc+)is last !x)vablc th. rc`ur).
1 i it i, slxrii;c:=-!I~ af;!cx-rl ti,:)t titnr a t},P essel)cr of this co>:tlac-t and t}.at !)a waiver of ant- trbli~,ati~,n hrrrun:lrr or ,)f
tii,• :,h?i~:ctiu!t ;.-<uted hereby sh:+il :3t an•.• time thc•rtsrftt-r }x• hP}tl to }v_• a ttai°~ct :Tf the ter);u c)r of t}:e inst=un)c•n; serure•~cl harx•llt
?2. If f~,rt~ir,.urr }?r<x~c-r~c!ir,c,;s of anv u•ct~nd rnttrt~a~P or s:~L=~u:1 trtrsi i;rat! or anv jtu)ier }i~~n of rr;ti kind shoult} })e insti
:t;tr~i• thc• .•lssix::;t:,rn mxv rt it<_ t.})tree, irm):ctli:)tcly or thPrc•~ftPr clrclarf' chit ncnrtga}te' and ±}~. incie'hth.lnP"as tecnre`ej 1)e,-rhv :luP
i ~. 'lo t}Ir• extent of ±he• iri,lrhtean,KS of the \i!,r± a{;c?rs to the Avs,:ci:,tion cleseribrd },er,•m or secl:rr~l })£'i['En, t})c' ASSI)-
3.)tun) rs }:Crept' st,hn,};ate~tl its lhe• h. r: of hens and to t~r ri;;hts r,f the snv):t'r`t sncl teak!€rs thf•rrof of each and r•ver~ )+xitt~;aQe:
!:cn r,r ol}:er rnc+unhr,:;:.r on t}:<• land c!rscri}x'cl })atria which is ,:~)i<! anei(c)rl >s2tisfk~?, it) ;v}x)}c urt~) l,;,rt, cut of the t"~tncmlt
„( r}fit. 1•?;)il :i"SCTlI*t`(1 '•IPrf';R Uf SM'L:ipd hrrPht AIKI th? rt'ip!`Ct lv t' h,: ns of idtt} I1H:rt ~r:3 {tyr5• }1E'i)f Ur rrt }:L•t r11CUri)}?fii)CC3, i~'ll 1)2~~'ti
l:, .:n,l }x• i:t•ltl l,. t}:<• .'tss:~.~latxn; herein ss sPC:lrity fur tht ir1):1Phtt~th)ess to the ,q~,r)i•tatian herein tirs~.ri}.rci o; hPfrbt• s:i';;re•[ , try
tht' ;,:il ,' rx'~'f:t lh,li 2' tV,!11}ll }lave },fii•i! }): f'4 rVt'Cl 81it1 \4'nn1.3 1):i~~t i)Pi'Tl p.cS<Ptl tU an(1 }7f'E'rl }lclil by t})P :'Ii S.S(K')alt iU:) }7:l(1 It ['~`Crl
;,:it .)rici : ;;nl.trlt :,sslC;r)t•tl. trrr;sfeTr=•d, set ov=r €uxi drhs-. ,ft3 unto the Ass+:r-ration h~~ se!)a trite <ic~e`L} of .)ssit;nrnt-rat, ni)t :; it}rsta rail
;:,;; th• f:)rt that the s:+rnr may }x• !tahcfiecl noel cur,cellr`d of rzit,;d, it }xrn~ the t+rt~;)iiv:; of the 1)s~ic-s herein i1i.rt thE° sanx tt-ill
}K c.a:ISf,Pti .)n,l t.:ntc'liec} I,f at:,rti he the holden t},E~L~,f xt a= u}x)ut the tirnc of the rxror!mg t)f this murt;',a{,r
l i To i~:,. .!!i ,In~l ;,r,S;ulaT t}!!• c;:)sts, charges, and rxhcs)!-e•s uuhuling lattvrr't ftsc`s• tt`asL)n3hl.' rncnrrrt? or }?:Irtl :It ar:t
t::nt• by tht• :1a~K)at:~ r: }xr::ntr of t}u' failt!iP of t}ie t:ustKaq_,rs to lx°rfi): n; cY)rrlf,iv vnth !r!1 abi:?e l,v e:r:_h anti >wcr~ sill),!?:;
: ::< :)yrec•!r.-')a;, :.va!,t!~nlc :uui <'„versants ui shit! !~rvnlissr?ry r)r,tC- and thee ,!c'P+', ,)r t^a't:rr. :)rat! Pt Pr; euc}t lras:::,1)r c},.)i! 1~.,,
~n!i'rcct fT,n!: ,i.itt• at thr• ratt• .±.at,{ In the ru)te serurctl hereby.
!5 "i}Llt hP tti?l ix•rtnrt. tY,n:mit, cx ;c:'iPr nn w!istc, in)(r)!rr;POt. .)r tlt•telr)rati:n) of c:!ici {~n,tx•rt•- ut .Ira tr.lrt thcrr,a
:r::l) : ..r ricrac „f t}„• f uiurr of the ~i:•rtti;aKc,:-s t,i xei't' tiit• ixnlclui~< .)r sri:l /[xrn!itr- .:n<1 t} sc• to t>z• e•terUtl ~h: seal 1)r:•::gin>••.
.:r ;n ,,r.,t•c'n;< ,e :} re,)n 3 ! j>..~_<} rrlu!r, the t €st~cLettun u:av make• an ! l..tti' tc)r sac}, r {ti,tr~ a; in tts ,il;<rrhnr, It rnat~ clr.-•r:
r:>'r:-st:,r;~ i~r, the t,r :•~•r l:rr.r r1•,lt:~,n t't::`r>zc,i, and ,hr, fu11 a:;;~~unt of snch !x)t•rnc•r:ts shrill },r .c'rluc~:l by thr• }tc:~: of ttrl< r;1:,:tE.3~,.
,:,:! chal} ;t t}:r' „{>t:":1 of t}Ir :!ssixiat.r)n }x• itn!.)cvliatrly chsP anti J.avablt', or Ju~'a},}e ir) s~,t}. nront!)lti i!IStallmc-r)ts :ts thc• .~~.sLx i.:
. .: r~.,e t}:•tcnn!ne', antl t••.< rt e, u. l: 1>,>>-rr.,•at sh.,ll l.rsr i!ttcrrst from t}atc at the raft st:z!.f~! ,r. the ri)tc sn•t.r:Y! l,r'rr•}r•-
'rt T},.,t It th>• :1,>+Ki.~t:u;: :old t}u• 1lnrtga};urs agre!'•, th_' ~iartRaRors evil! carry ;+ i?,lsacv ur !x)lslrt rf insur.,::c:~ +;{.
,t,; is 1!tcs In .,n ,unnunt c+lu:,1 fr,!n t111:c to tune Sn th.` anlnunt of inc!rhte`cl;)rs. hcrrLv sc•cure•E!, rtl~i.in;; s.rie! A,s,xi:!tvr.) }-t'nt'tr
,rt ;e•t nc+r•r .{err, that the v,ul .~s,:xt, nn may `t':e~' t})e hrrn;iumc f,)r su: }i In;utr)nt~t• i in '.}u• r~Pl) the licrtt,:i• :. cit) t:,,t
.t.,:: ,li.? <1C}I S11C}i })'.U"IT~ir'l)t t:.) tt,t' 1:11!~Itil })}aT):`E) r•` ti.P }Uaill• a_5 Uf t}4l` f)r5t U1> t!f tilt thE'n tiliT(91i rY O:i}i, alall •! ,h';!1 tx„ .
I:i•i'.'.:nsl )1)tlr},tt;lr;rc= strl)rt•~.( l,v t~)i_s mori~;.)Ke t)ava}}le !Ilx)n c}e:nartl.
i ' ?"t:;)t in thi~ Pve•et rh:lt this murit;a~;r }?t• fiivrn to ,.<--cure a c~x~stnlctlun it?an. fai},1:r un the i~rt of the \i!rtf;;:f;,•rc ,:r
.~ a :ntt.,_ti~st t.. c:vul~iclr said }luihlion ;n acrY:r!l:urce t•~it}; (j,nstr?r<ht)r: l.u n .=,;,>Trcna'r~t cf :'trrt ,!.itr hr~rPttft}': t,t t~, };;r:l'
,. ': i:~....nlt~tl„r: ii..: .,.:cl.;nre with 1)Lur, :,nd sjxY-ificwti::r!s filet} write t}:~ .~csrK-i.,htm steal! r~inttittrtt~ .i hTrac}~; of this n~:,:t~.:~
,, t} . „i:t:u!: ~,t ,tht A,~;<x ).)U n:, rn;rnt~.liatelt tnahue the entree arr)unt t:f !;rncil.:+1 and s!lt...-rt° hr: r l;t c,•t urc~l .rr„1 t}:r :~ „ .
.., .. rain i!=u;it,i:.:rrlt inttit=!tr pr:xec<}i:rtic .., f,~rCrlruc this mortKaKc.
: 1't - thttract ur .,!„tru:s t,f tit?P cvlrrrir~~ the !l;ort);.!};<i:i {~rcaxr°v c}uzli at al( tln)f~s. :luring the hrr• ,)f chi; nun•
tr:i:.::r: u~ t};r is;,;e•tt;!n: c:f the .~esex'iati~?rr r+IUt in the rvrr;t e,f the (•~nrlnsurc ref t}:is rr:t?C;.+C':` err i?t},e•r trt)tutrr rat hcl. ,
r- 1 } `the inciehti,lnC~s an-rucYl hPlc},: .1? ri-~ht• '.lt?r. ant! i!:!crest of t};r !4iclrt~.:!~r,= .r:
_ rta.t)- . ::n••x'rty _. cxt:•:~uls :merit n,
..: , ., r, t' „~. ,. :;1,•.tr,r is of till- ;hall 1-, cc h) the- } :rthasi'r nr grant:•t•
,; `i i t.• .1"c.4 wt:r,si chill have' t!;e r;'ht, in its cii;cri•tir}n, to rc1luiri• t}):,c. t}:e .'-.(:;Tt~ax,~rc l,.lt into t!;> Acar, :.u:u:; u..,,?,'
:, ., t}:• n:::~.}:!t ,u;talirnc!il; of }~rinrl},al arcl n;trri-s+. tr) };c };:.iii t)s ';+'•inrtC;.l~;,>;s ,;ndcr the nr,tc tc~.,:ret! by t}.i•. :nr:rtr;~~, .
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.~,tu l ,. ! ~:r.• tv.clft}< t)f th<' .-,nn,:.+r )nsi.trlntent3 e:f ante t:,ti•s nsi thi' rnt~rtZ;.;C'erl }:remises lrv;rtl :,r ~°.u-. c,<i ;,t ern:
- 'ur-.,: t ri .e"itirrTav. :rail t,nP-hs.•,ttlr of 'i!c ant.+..el lz,tr,tnrn; for } ur ar)c! f•:ztendetl Cr:vrrage' ir.s~.u.uar uu th+• n:i~Tt;~.+;,•.'
Y.,.~t~ c .', :i :, :tt.,:. . ~}: .1 ....., h.,. .t:lr! th=' ~.i lift j,.i'~ : U}lilt' ti) IT?a r.P ttiC}i ildltl: r•{aC :h :1. :. .ht'1G .. in e.
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