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~ Ztiae d. s..a~ .f • wie bd.~ towteaad a hneM~. dai .w~ ~M ~t«eap. .WI 6~ a~icl.d » ap~y .c .~,r d.~ dwta~
wei tendewre wit es die aoart ~s juri~dktJo~ eM~ for tie ~ppoi~oe~ ot a c~odws of ail ~od dasuiu el~e mort~r~i lnpatp. a~d
~E all raw? InoosM? i~wKS ~ rs~snuM tbereof, tra~ w?woev~r wura dMnd; ~nd tleeeupon It M breb~ uprw~~r oo~aanted
asd +iW'eed tbat dit cou~~ ~oet?wiJ sopoiat sucb nai~ee wid~ tw wud poMen snd duda oE sxdrsrs i~ Ukt ew~; ~od ~id sp.
~at~t~ bt made b~ tM oouK ss a niattes o~ ~trkt ~t es eM and wltbo~K rcfersoce ~o eM adeqwqr ec taadeq~r oE trs
P~P~~~4
IKreb or os t6s ~olnnq or ia~ehenq oE or aq~ ot~ parq~ defeodaat w we6 «d4 1~
~PP,~ ~ be m~de aUi
aas~ ~
i
dj ~ a
m~iaf
er
of~ib~olnt~
d~t b tbe ~ ato~aaid ~ad receb7 aP~ad~r Qoa~mt~ t6u w~d
noaa ~s tM Moet~a~o' ~ and t6at tbe ~ams auU bt dooe wit6ouR
• 6. Ttiat If aq~? proatdtnjs ~iouid b~ iwdt~d a~aIo~t tbt propecn? oo*md b~ tLti morep;e upo4 aq~ ot~sr Ua? or c1alw wretber
• ~uperior o~ luoio~ ~o t6e liea of tbi~ et~e~ tbe Mort~aset mqr it Ia opdoo Iaiwedtatel~r npou to~titudon oE we0 auit o~ duriu~ tAs peod-
~ tbereof declan tLi~ mort~a~e aod
t~
6e Indebtsdne~ ~eeuced ~reb~ dne and pyrabtt to~t6wit~ aad aq u tb option preesca eo tonelo~e
~
9. To pa~ al1 and da~ular tbe oo~y fey, cW?rsa aad apedes of e~ap kied. inel~ aoK of aa a~b~a~a~ Lsebec`tbe ~dMoeof
fouud to be connoieat or ~pedieat in cmnectton with ~o,p sult toe tbt ~'oreclann ot tW ~od abo iud
i~ obiiptcd ~o pq ~~me oe aoy ~w~ooabk aeto~e,~+s [ea ineute~ed ae espeaded at ~a~_tims ~ Mort~e~ becawe of tbe hilure tbt
~ja~Or ~0 COmpl,~ AItO aOtt iOtOC O~ i~~ ol - V'~ iac i~iri~ui~wy wwi~.w3 w~i'i~.~"~...':: 4•+ri"•••~ w• y tLia
~t~~ is ~be toKCb.w~e of ~6is mo~e and in adk~n~ ~e aaow~ .ecu,ed La~eby wici or wieyouc 1ep1 and'~s rda~-
, bu~ise tbe fot era~ p~aent made ot ioe~r~ed for a~ wc~ purqt wjt6 intera~t fi~os d~t ~ s~sqr u tLe ate of
~ ~t~ Pa Pa ~h P~meots and obti~stfoo~ ~Y Iatece~t t6et~eon d aforaaid. ~11 bs ~eeured b~ t6~ Ues tier~of.
'Yi~ tb~ budWios er bni oow or lerssftu on said {aod taw~red IoM oe damap bp Qr~ rrnaded oovera`e aod
other Perid. incl~ia~ war ci~lc lawraewe~a~allablG in a wm aot las thao tbeir fuil irouaWc ~due u tre oat aod apeme of t6e Morti
Ea~or in a oanpwp or aompada appro~ed b tfe Moctp~ t!e polic~ o~ polida ~o be beW bx tb~ 1~b~~od we6
lnsueance ~6a11 6a~e afRttd thercto a Sqad~ Nrw York Cta lo~~ uode~ ~ or policia aE
tbe Morep~ee ~u ia lnce~at ma a ~~i dl las os y r polkia psribte eo
be u 7 DP~. ~od to deli~er said or p
l~da ~o the Mo w6en i~wed wjth t~e recdpb tor thepa
meot of tre pcemium tbaefor; and in cbe cvaot an~ wn~ of 6eoomesp~r~k under s re
° Pp~7 ~ Potida. dK Morc~a~ ~ball ha
t tbs optios b reairs and sppUr t~e ss4e ao aooount o~ tbe L~leb~sen ~ecured- 6eieby or to peneh t6e Mort~a~or ~o reoei~e and we tt~ or an~
E part tbereof. ior o~er purpae~, wit~out tbeceb~ wd~Io~ or Imy~dni W M~b4 lim or ri nader or by drtue o~ tLi~ aod
~ t6e ~o~ee if it da~s aaasar~ma~ isce and pay ~ot we~ i~n ~ ~
p~c'~~o ta i~cce~eic i~c bee~c~ ~f ~ c-~~ ~ ~ ~ ~ w~K ! ~.~e~a_.__. ~~D`~ or ~~Ort-
_ aod e.enr sue6
ment thaQ bar i~ec~ fran da~e t6er~of u~l psid at t~e tate of d~t Per eprt (!~%~j ~pe~~ amwq and aU wt~
pa~men4 wit6 Intcrat a~
aforaaid sball be seeund b tbe lisa beno~. L tbe e~ent aay loa or dama~e ii wffered 1~loctp~or ~Ysp oodff ~ of wc6 las or
See ~
t ia~ie ~
ri~
6Ka~n Q'ren for aU dchn~ ~f: t~e failure ta ~ a~ei notioe ~6a11 ooo~dtote s defau ~od t4 Moreta-
To peratt, aomroit or ~uffsr ou wna aod to maintatn tbe tmpro~~eab at aq dtoa ia a itate of ~ood repair sod ooodidan; and
~s do orpermit ~s be daoc ~u said premi~p not?io~ t6u will aker ~ clunts tbe o~e and craneter o~ sdd propeeqr or In aar wa~r impair ~e
waken t6e acuriqr o~ saidmo~s~e. In we of t6e refn~a~ nettat ee twWliqr aE t~e D~or ~o eepdr iwd mai~ala atd~
l4tort~s~ce mq'. st ies opioa. maks sueL cepain or a~ue tre wme oo be m~de aod advanoe 1a t6ac beialf w~ic6 a~ s6a11
b~e
s~auc~e~d
by tbe liea rerouf aod bear lnterat at t6e wte of ei~t per amt (t96) per aoaum.
10. To deli~er tLe abtraa or abtraeb of t~tk t6e~~~ pcoperqr b Mo~a~ee or ta ddspated ~ ~shicr ~6ati u
dl 6meti ducios ti~e Hfe ot t6ia mo~p~ ewoain in t~e~ af tbe ~Ioet=a~es aod ia r?ent o~ tbe foreelauca oE tbi~ mo~ase or otba
tnoafa of tide, all d~fiR, dtk ~ad iocerat a~ tLe Mo~a~oe ta aod to anp tueti ab~et~et ~t ~btr~ets of titk ~LaU pa~ to ttie pu~c6aser oc
~
11. 11at ao v~aira ofaq~ o~mant `ado at fa t~e ob4~adea ~ecured bereb~ s~aU u aiq? dme ~emfta be 6eW t. pe a wal~u o!
aar of ttis otber terao~ baeo~f or of t6s oote ~ecnred Mcse~
lt ~u io order w~ooderm tbe matnr~b ot tbe indeb~edoas tierebjr ~ecvred 6eeau~e of tbe tdlurs aE tM b pa~ aq~ t~
aMeMOeat. liabiliq~ oblisadoe o~ encmnbranee upoa aid pio~e~r a~ tiereis ~e~rided. h~all eot 6s neoas~r~ ao~ nquisite"c t die ~ort~a
srati Btst p~? tie stnu.
ii. Trat if t?e ldo~t~or s6aU hi~, netle~a or e+sfuu !or ~ period of t~trrV (~0) dUi~y ~ed p~osp~dy ~e pq ebe aiaom~b re-
quired es bs paid b~r tLe aote baeb~ ~eaued ot tee i~taait t~ad~ spedfied o~ dK ~are~ of wooe~ ?srds rsfared ~o or leeeb ~
we~cd. o~ ~eLerwl~e do17. ~b ~ P~~7 ~o pa~aceeuoe, popb w4i aod ~bids bx ae~r enr! or ur ef tbe oo.easms~ ~
or stipWatioos of t~is sor~, ttie tramu~oq note ~xund ~/or t?e ooatcuaio~ Ias sineseat~ if aor. t?en? aad i~ dt~a or i~
an~ eE wek enca~ w[tLoat sotioe or daoaod~ tMe sstda~ aa~ ~atiooed- ta aid pe~oa~iMOr~r eot~ kr Pm~ W7~. if a~r. add
an~ aod dl wms mmtion~+d 5a~eis or ~eenrod bereb~ sbsl! be~m~s dae ~d p~able iatkw~ er t6eresitee a tLe eoariado~ a~ t?e
blort~ee as full~ and oempked~ as i~ ~aid a~re~ace .aras wen eci~tsatl~r sei a be pa[d a a~~, anptrios In .ai~~
noa or 6erein ~o ~Le contraq ~od t~e .~ee ~half be ~etieredpon oe t4asafca wlt~out aotk+e o~ demaad a in-
~titute suit u law os tscq eo enforoe t6e of ttie Moe~~ec 6enonder at emder aid peoai~oe~r sota Is t?e arak of an~ dehnh
or braeb on tDe part of t6e~ or ~mder aid proro~ort aotS tie l~toeKs~ee ~baq rm t~e oonda '
Pa~meat ot dl wmr aearrad Lereby s~im at 4w os adt L m~oeeelae t~is mortpse. e&Ler er boti, oooea~rra~d~
j~or ~otberw~be~
aod ooe aedos oc wnt ~slt aat abate oe be a bu to ar w~ies oE tLs~irtp~ec'~ rl~t ts Idtituee or maintdn tre odier. peovided ~sid Dsort
p~ce s6a11 ~a~e oW7 ~ M7~ and tadshetfm of aid ladeboedaea
sa
14. ~at iu tbe t~ent t4t 1+~oe r s~aU (1) oooaat 1s tie a~oiotaent eE a reodra. trwt~e or Bquidaeor of ap or s seb~twcial
of ~ort~oe's a~etS or be sd' a b~iohopt o~ lrolee~ ~e 81s a~ro1 pe8tio~ is bank~up~jr or admir is wriNns Ia
~u
'IIq ~s ps,~ ib debb ar diq beoomt ~ay et mskt s~eeeral awi~oneet for eit 6~ oE eredi~ot~ oe (4) ~M a peddou or ~nswet
sedcias reor~on s~ witi en+dime~. or to taics ad~aetap a~ as1 io~eheee~ 4w. or (S) Sk ~m aawa admial.~ c?e ma-
terial dkptiom a[ a petidoo-r~apto~t tbe Na~a~oe is ~ay bantrnPaf. ~pdsatie~ ee i~ohme7 n~ ~(i) aetio4 ~6aQ be
taka~ 67 tre Mo~t~o~ tor t6e Pu*Poa of efkeHo~ anr oE d~e fare~oin` or (7) aaU? oeder. j~d~eat or
d~eera sball be euteerd npan ao
spplieuion oE a credioor o~ Mae~or bp a oonrt of oooipeaat~ jreadiceion sppeorios a petidoa seekio~ appoiwmeat of s reod~er or eru~tee
of all or s snbsantial part of tre lrioct~o~'a aMets aad tueh o~der. judanent or decree s6aq ooatiane m~ca aod In effaet for apr period ~
~trt~ (~o) ~o~ce~n ea~ e~e Mo~.~e mar e«:tan ~~?e~~ .ee~red to~..se~ doe .na p.~rab
y~wbenupou tbe pcinclpal of aod
e6e ioterat soe~ucd m the aoee and alt ottier tams 6ereb~ .esured sbaU beaase foetLwld~ doe wd Pis~bk ~s if all of t6e ssid wm~ of awoe~
were ori~iaall ~tipniated oo be paid on sueb da~; aad tberenpoe tbe ~ wh~oart aotioe or dasaad msp praaua a sait st law aod/~
In equ~ as ~ all moda ~eeured 6ereb~ hd wuund pri~ ~o ib LadtuBoe.
1S. T6at d~e Moetsa~ee or aa7 P~ s~ r?7 ~~e s1~aU ~ave tLe risbt 1o eoter npoa aod Iwpect ~Ye mortp~ed
premises u all rea~ooable Bmes.
li. Tb~t sn~ sm oe ~wos wbicr map be lwned or ad~sooed b~ t6e lso~tp~ee io t~e Naip~ot u aa~ da[ wit~in tes (10) Jean
frao tLe date of tlus ~nda~torti eo`st~es wtt6 Intaat ttie~eon at tbe rate ~,~reed opoe at tre dme of wrc4 loan or sd~
euced wtt6 sod rare tbe ~me prieriqr a~ tLe orisiad iodebtsdne+M aod be wbj~ eo aq t6e term~ ~nd pn~i~~~m of ~ stiaU be eqosllr ~
t~u tbe a~re~te amouat of P~~P~ ~i ~~7 ~me ~6aU sot e~ored u a~ooet eqwt to ooe ~midred and Sft~ ~:(ISO%) d
~ tl~e prlnefpd amoua adsio+lly Kcuced Lerebr.
17. 1~at, 1f reqdnd b~ lsott~ee, ttie satd Llort~a~or wlll p~ oa~eo t~e 1~otep~ey os tse Snt dar of aer aad e~eqr ooo~ecudn
woot6, a apoeqnal es me~twefft~ of t6e ~oaaal amo~nt neoa~sq M pa~ all qses ~ad ase~seab ~piat t~s ~aid a~ortpced pnmi~e~ ~id
aaotblr snm m be eatissted aold7 b!' 1~Ort~e and aknlated b be m aaauot ~ot ler t~u ere ssast o~ qm a~a~cd a:aimt s~id aorb
t ' ~ed premi~a for t4 pre~faw ~ and if fnrttia reqoired b~ Wott~ee t~ pq W ieauaaoe
~ iaria fos the parmeot ot tua an~ s~reroeoor. p~dum~ b saoner aod ~w is peo~JAed
I~. 11u ta tM e~eot ti~ 1ou wNci W~~tp~ t~ ~ira to ~ac~u~e d~~de fo~ tlie of floaodns dt~a e~e oooaruaio~
~E ~eMr buildinp ~ ttie ao~o.croaion oE Isprn.me~tss aod/er addi~s to trbtist bdtdiop~ tMt~oe~ if n~qoired~h t`e ldoetsa~ee.
~prea~l~ ~pees to depo~it wtti dis IMioct~ee or ib ddsosced a~eot aa aabunt o~ e~e~ eqwl M tw tfsn~ee 6st t~+e oet pncced~
oE t~e iosa s,od tfe ~otal aioonnq ar da~cnined by tw l~onp~,e~qd red /s inll~ aea~p{Ne nW oo~troetie~ i~ aooerdaaa witr t~e plae~
snd ~ed~icatiow l~eraoto~e soboined 67 tLe boet~~ aod ~p~~ b~ eM l~Iorep~es. Sald ~ oE vooe~ s6a11 6e plaad 6~ ebe
Mo~ti~~ee iu a R.wm ta P~aoer Aooamt" la tbe a~se of d~e N por~ aad tbe wee atiall 6~ wed bf el~e ~/ortp,~ee eo ps~ tre oaq,
~ai~oorotr~ecioo
~ ineurred ia oooaeetioo wkh qid ooa~truaiwi peio~ a~~~~oE e~ bu. It b f~dier a~ra~d eWt ie ttie e~mt
sdd ooo~cruetion ~befare
~ oos~ aed oer ~awda srall oooBsus ior a pe~~iod ef te~ (10) ~ or j~ sobtanttal~ooodnooa
P~P'~ stiaU ~ot be oide in we~ ao~~ern~tbeo sod io a~ w3 sreat t`e nid. a~ePCe qg pdadPd~ ta~oen~t. a~tiooed L~ said
prosisor7 aocq aod ap mooia sxnred becebr stiaU becaie dns sod ps~sbk lortbwltr ot trawfur ~t t~s oreioe ~E uid lRortpsec; and t4
e~e e~me of weti eas~tfoa ef=woet_ _
pu on ni~ oo~oa tot a peiiod of ae (10) da~ ar i~ a~aadal ooatianoas ptopa~ ~6ap not be
~ad~ i~ sod~ ooa~oetioe. a~ firasid. tbe mq at its o~tien ea~a ioto aod apoo t~e q prm~isa asd eaoatpkoe ~aId ooe-
~ruedo~ i~ w~L m~o~es a~ it deem~ sd~abb wi ~ I~terEereaos frois ere 1~Ieetp~oe: tie ~~a 1~ 4rebr d~i ~ Rs~~f
M ttie Nortp~ee foU pwer aoa aumodq to make sne? eat~ ina ud opo~ sda sore~a~ed a eota ia~o w~i aa~traas ar ae~
rao~eab d si~ be aooara~ b oomptas stid oomtrudioor aod b sspmd aar moola an~rio~idd ~Lo~OS iA Ptecr~s Aooonat" a~d
ta addido~ ~a~ su~e~ o~ row~ ~eea~arp to oovpie~e atd oomtroedon; aud an~ aod dt moaM sipeoded b~? t~s 1Rort~a~ee io eoonee8oo
wkb we~ ampl~ioe of oorer a ebe woaia ta said "Lo~ns in Peooes Aooouat" a6a11 be add~d ~o tit aid prindpst debt saA
riap drnw iaerat st tbe rate pe+ani~wr~ sotR, snd ~hall be ~seond b~ t~M mo~t~s~e. aed ~bdl bs pqabk 67 tre Nort=a~o~
o~ aevseA.
0.'R ~ ~ t7
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