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By GR~~~R~YOV~G~N, INC., to J&rFZRSON STAlIDARD LIFE IN~~E
CCMPlu""Y I I;::I.)VeX' ing th~~ above d6SCI' H>-ad prttl\llj.~s fo!: the BUlla of
TwUnty-fiva Tl\ol.\9cmd and 'no/ho 1.101.1a:::-8 (025,000.00) shall hAve
been fulty paid and a~i6fled. or until the ~xpl'::l\ti~n of tM
~t'iod of redemption, if ony, at whicb timeD thii$ a.ii9nmemt 18
to be f\111y satisfied, cancel.led ano rcleaHed, aiY.1 the rel~l\5iTi9
of said d06d of trust 01' lW.1:tgag6 Bhall COl1st itute i'\ re hHHH!
hon3ot.
This aU6i9~vent is glv~n as addit1on~1 &ecurlty for
thtJ perforwanc-u of ea~ .:md all ct th'e obligations and C()'oo-erumtti
of the noto and deed of trut\t or roc.rtgage above d&~cribed (or
,'illY extanoion or rene'tolal thereof), and the amounts collected
hereunder. lOBe tho eXp"~nHoa of c(.;lli~ction. if any, shall b~
appliod on ;H'::Cl:,unt. of ta.xea (;',nd ~HHk)I.HJ~nt~ on aaid .t'6Jil catate.
insurance premiums and au linq\...HH\Ci86 of pr inc1.p-al lUld .1ntert5st
thtH:oundGr.
It in Qxpreaaly covenanted and agreed by th~ \md~H~
6iCjnod party of the f1rat part, assignor. that at th~ t:!.me of
thf~ execution and d611ver-y of thi~3 ilsaign.ment there hli-B ooen no
anticlpation of or prepayment of any renta by any of tha t:Gn.nt.~
r;ccupyil\g the above described p,t'{)~rty ()l' by any of the hUHMUlliS
in a.1Y of the abovo dtHj(;r1~d l..HuHHi.
It 1B fux-ther COv~iH1,anted and agroed that thtt party of
the first part, assignor and it. $UCCa8~or~ 9r aaBlgnu, 5hall
hav,~ no rigilt, F'\1Wer or authority to ~lto!", i2~~H:y Qr a-Mnd t.h~
torW8. oX' i!.fI'f of tlHHt; of any of th~ leaties .\..bov~ ~!\H:;r;-i.htid in
<<ny paX'tlcula:r WI1&tS.O{jV0L" wHJ10\}t.. f1,[-!'tt obtatnil'l9 t:h~ cOj,i~nt
in wtit:tn9 {)f .1!U!'?P.;RBOii wrANJ.1MD Ll~~E HtfHrK.t'\OC~ C($'U'~t t:G ~u(:h
!...1 tet:at i{}f1~. .rou1!: lcatlon m.' lU~~W11i1ent.
~othin{.J hf1nJ!n cvptAin~d. tj,ha.ll ~ CC';:HH;{\.t~U &!i~ ~1~
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