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Nu~~•, 'I'tucl-T;eol(T:, in consideration of the 1-rcnuscs and the Indebt-
c`dnes~ --~ ahote rceit(`d, and of otlt~`r ~,acxi and ~•aluablc considc`rution,
the recc`il>t ~~'hercof is hc`r~`h~• a(•knmt'1(`fl~;f'd, and in onlcr to secure
the pa~-ulc`nt of the Indehtednes:; e~-idenced h~• the Note aceor(Iinn to
the terms thereof and the 1)a~-nu`nt oi' all such other stuns as nla}•
hereafter hc`cuule securccl 1>}• this \Iortt*age in accordtutct~ ~-•it}1 the
terms herc`of and to secure the lx`rforulance and ohser~•ance of and
conlllliance ~~~itL all of the a<~rcet~uvlts, co~•(`ntlnts and conditinns iler(`in
tool in the \~~te containf`d, thr tihilxl~~•nf~r has granted, conve~-ed,
nun•t~;a~,~e(, l~led~,•,`d, contirnl~d, assi~*tu`d, transfe`rre`d and set m•er, trnd
11}' tllf'~(' 1)1'e~ellts doe`s !.*,1'aTlt, ('ollCl`~", 111(11't~il!!(', 1)1P(lne; COntll'lll, tls~l+.;ll,
trtulsfer tuui ~e't m•cr unto the \turt}~a:;cc the ~~'Lole of t}u` ~"essel,
together ~~•ith ~lll of the e`ngine`s, nlachincr~•, Masts, boats, anchor,
cables, chains, rirt;ing, tackl-`, al/letuv`l anal furniture and till ether
al)11111'tt'11i111('P~ t}lere'tlllt0 a[)1)f`I'tillIiln~T UI' 1)elong!]lg, ilnd al~U tillV' illld
all additions, ilul>ro~•enlents and rel)lacen:cnts hereafter :aa(le in or
to t}u ~~esse`l, or an~• harts thereof, ~r in or to its ec~uilnu~`nt and
al~purte`nances ufore`~aid.
To 11:~~•t::~su •ro lfot.le all tuu! sin~,~ltl~u• the ahm•e uu):•tgar~e`d told
described })rollert~' unto thr \lurt~agee' and it:. ~ucccssors <uld tlssi>;ns
to its and its successuers and assigns alwn use, benefit and i)e}u)of for-
ever. Pro~•ided, ho~~'e~•rr, an(1 these 1)resents are. ttlxm the condition
that ii the ~llilw«'ner, or its successors foul assinns shall 1)a~' ur cause
to he lr<liei the Indebtedness in accordant,` kith the terms hereof and
of the Nut(`, and all other runts, to~;tther ~citll interrst t}1Flt nla~- hr
u~~int; and t,a}•ahle to the ~lortt;agee, or its successors or sssi~;ns, as
lIPYlCided herein, this \Iort:;age and the (`state and rights hrreh}•
granted shall cease to h(~ hin(ling rlald he ••uid, other~~"ise to ri'main in
full force and effect.
1~ 1S Ilrat}:nl ('o~~a~a~zr•.n, 1)E:cl~~~lt}:n A.v'1) 1)r:cst:r~> that the 1)rol)-
ert~- ahot•e destrihed is to hr held subject to the further co~•ent:nts,
conditions, 1)rov~sions, terms illlCl uses hc`r(`inaft(`r set forth.