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{I} That if ~ny \){ 'Iud ~un;tl t)! ~'not.f)'1 hftndn TC.lc,fed
to h~ not promptly Aud fully paid y.,Hh\n tttn (10) dl\Y~ ne;xt
dt.~ tM u.me .~ver~U'f bi>i:,.Hn~ d~!! and ?4yA.bie, or U eacn
aM ftvery the ilHpul.&lionl; Ailt'~.,m.nt., cotv:!Ulon. I\nd
coveniLnt. of '!i.h1 VJA-.a.nty ^Ireemttr..t ~.(1d thi. d~f)d, lH
oUher$ ayC! nnt fully pedonnod, I..:QmpHed .".,Uh and llbided
by, the MQrli"(leQ. aft,,)" hJHdni lJ1\1t1n written l'\otlc~ tf.,l th~
Mo:rtia.lor th.at 11I.l(~h a default I'!x\.t., ,hAH, unle'lI t~$ MQn~
i~o'" curwl ~uch ddault ...ltMo Hv~ (S) dAYtI A{tll)t" the d..to
of flu.ch notke, haVel th(l optlon at thlt expirAtion of oald nvo
d&,y period Qr therl!\i\Hor'to t\ec lA H~ th~ Aiif-Iat. !SUIt'i then
or tbereaJt<'lr payable un.der thtt GUAr6iol;y ^areem6f'tt And ~U
other Gum. secured by tM& .Moctg.llge Doed du~ >>.nd ?Aye.blc
iOl'th'i\' lth lU if the .arn~ had orliin~l1y he~\\ .tipul.&tcd to h<6
p.\~ on th~ dAY .0 .peC\fill!Hi by the MrHtiaS~Ct ..nytMnj. \n
93\<1 ps-orn\lilIiHY note or herein to the contrary not'!lr\th.lani.Hfli'
(I) That \0 order to actol~rAte the miHu!"Hy of l.ny
\noebtedrHUII undtit' ~h~ Guaranty Agl"f!om~nt OT a.ny Qth(!t'
iudobtedne.. hereby 1U!CI.lreq, be~i\u.e of the hdlul'tt or th~
Mort.a~o.. to pay i\ny tax, a alH\I!1nnenl, HllbHH.y, ohUSdlon
Qr encumbrance upon ,.Hd IHQPt)rlY. 'u h~re\n provided.
it ,;..aB not b~ necOlnlH'Y or t'cqu\ .He thllt th4! Morlga8~~
.r.nil hl"st pi\Y the ~(tme.
l. The 1\on hereof ahall t';;({oOnd to i,\nd include the UUJ,
ronts and PH)f\l6 of &it\d mortiaged prnp.erty, but ~he Mort-
g&ior shall have the right to rern3.1n in pOlue!tolon. onjoy
the u~f), ..nd to l'OCG1Vl; thf; r1!lt!U and proHto thflJ:"of, with-
out il-Ccount\ng to th., MorlSilgt!f> therefor, so long If.li th.tire
shall b~ no default h~J'~under, provided that in th~ f:vont
of any 8uch deh.ult he reund~H tor a period of 15 day~. the
Mottaa.i6t' ;,shan be entHled to the po!uesi\iOn an6 Ulit'l of
.&h1 mortgaged property, ltnd to n~cfl\'/e And apply th~ ntlt
rente "no profitfl tb~r~of. upon and to'hllrd thl! payrnenl of the
ind.btedneaa hf;reby lt~<:Hred.
3. 1n the event ther(! ohaH bt; hied a h111 to toreclottl
th'l df!eu, the pia\nHH ilhaH lrnmed~Rtt;ly .nd with.out
not\c$ be enHtled to th.e.ap~inln\~at of a t'l!Ic(llv~t' for th~
T1l0J'taa{6iHi p!"op~rty an.d tbo rente. fl~Tning.. I~oue',
in(;(.o\TI~ f1110 pn.HU thClr~of, '*Hh the usua.l p>'.)WfH' of
f&cf)lvert in euch ca@\,;5, MJd ~i.1t;h ;(tc~tver m~y bti (ontinu~d
\\"1 po..~luii)n of 5aid propeTty and of .aid rtli'j~, e~l<n\t>ii,
\IUU~O, incQrne ~ml.1 proHh of tl:ai..d pJ:,-,perly du'dilg th~ ..'-end~1'..t:1
n! $m;h fOl"oc19iHH't; ;!uit, @,nd tbe htgrtg~~ot' h8.t'eo}' Iip.dnc~Uy
Vd),\Vt" the right to Gbj~ct to lauch ap}-"0in\n1"nt iH1<1 contl~nUl
that ~u{;h appointment ~haH htl n;t\ur: iU an ~dlnitted equity ~i'Ui
~il ~ ma.H(lf Qf ~i:HiOll.lt~ ri(lht to" th~ M(H.t-i;"g~H~t i.a4 without
r~{eHHv;e t<:c th~ adequac't nf lnad~quacy of ~n.~ valuC! of thii
n)~rtt~i~ti p},{)perty or t~) t.1.:~~ ~oh~ncy {}; ineQi'>'~uc'l of the
M.c'tti~io't OJr ~ny [lth..er ~tly <id~ndaut to 1!uch ~uH.
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