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T~'I~p MI~ OOMMWaNM ~ 011 11N bll~ 1101M M AM~~IM MIYM~ M Mld M11d MI~ 011 ~N p11~IMM M1d %Q~OMIti OOMM~ 1~1M ~1M1~
~ ~ 1M1~ 111MlOA MMN~11a rl 1~M YMM~ Mp~d POlky ~M~ M• MI~1 ~ppl'011'~ ~ I~M MD~TQA~. ~ MrN~lOf1~ .
YIMMtl1p N ~N{I~I MM1dN~ pOMCy •fMlll~ M1 ~ W111 ~fO~IMI ~ NM II1 MIC~1 COIIIPrM p~P~M M tIN MORT'O~~ IMy
~f~Cf! ~11+ MI+ 111~11~10~A ~1IMMMIO~• ~ 011 M1y M1d bY11dY~? ~ ~MMM1 1~Mf~111 p pMl 1~~ MI 1~N~ MI1A ~EOfMNd 01
M1 ~ApM 1~/~~ ~ 001N~111 1~1~ 11~11~ fiM1ONq mOf1~M C~MM p ~II~Q 01~1M i~MIM N 1~1~ MOftO~~ IMy fpVlf~ IMt111~ I~M ~ON WM~M ~iid ~
dw «ch «~e .w% n•r•b~. w a.ld MORtw?ciEe ~ U. M~r~t aw? ~pv.~r. «id «eA and .we~r «xApo1ky .iwu a a~pM «~i~d «~d d.Nw..d a
' ~r MW b~? ~aid MORTGI1tiEE M fuhiw Ma+r~hl to wid ~orqp~ d~bR. and, ~w 1~ tiw~ Nn (101 d~ri M~ ~dvsna of ~~rpNMion of wd~ P~k1l. ~e dr
NvM ~o aMd MORT~iI?~iEE • e~wN MNrof. w~hM wl~ ~ hatp~ fa tIN pewniu~ of ~ud nn~n4 and d»n dwN b~ eo fir~ or wY+duorw inp~ana
. plaad on ~r of Wd buUdinO~+ +~1? MwKwt M~nin or {wt tMnof. vn1~~ In tM faa~ and wid~ IM loa p~~bN ~~fa~w4 ~nd 1n tM ~wnt wn~
W~woe~,, e.oawu p.y.W. u~dK «iai poucy o? poNd« ..Mi MORiG1K3EE .h~M hw. ~h. opHon t~ haM «~a .PPhr d» .~a. o~ .oooury d th~ M~d.a«!~;
n~ wca~d hK~r a a p~rw~it wtd MORTW~GOR4 a nalw ~wl vw h a~ny Part ~Iwnof fo+ aM. P~P~~. wiMout d?K.by w~ivtnp a imP+ih
MY +~l? ~Wjh?. INn or dolr w~l~r a b~? virtw ol N~M ~a~t and in ~ wMr wtd MORTGA~ORS ~8 fa aM? n~wn f~q w bNp th~ uW pnn~ a
Mwad, a WI 1e d~Ww. pranplly +iMl of uW polidw of Mwr~na 1o wW MORiGAGEE. a iNl pron~ptly 1o WY ~1? ~nf? P~~~ thwfa a M~n~r
?Np~et fall b pwfor~ ~MrY~,, ~e++M, ~ff~d. aanP~Mw oanPy?. ~r1th and abld~ b1? thM oov~na~a. a any p~rt Merof. s~W MORTGIIGEE nuY P~+p +^d .
par far wd~ M~w~na a~r part Nw~of wi~hout wNvin~ a~fbctinY +n~? op~ion, N~n, p~M. a ripM wdw a b1? vMtw e1 ~ Maqq~, and tM
IuM Mnoww of ~A and wwy weh P~y~n~ew dwtl b~ i~dl~M1l du~ and p~y~bN and dwll ~r Mw~Mt fraa~ tM d~N Nw~of wuN paid at tl+~ of
Nn~ pM aiwum pa amwn and topetl~ wid~ wd~ W~r«t dwil b~ s~cw+d b~? fIM p~n of thi~ ~aapw
To p~nwit, oa~nll ar sutfK no w+~M, ~ a dNwionHon of uid propaq w~n~l prl tAK~of.
3. te pq afl and sinp~ta tM co~f~. clw~s +nd ~spMw~. ~0 a na~a»bb ananh/s fM ~nd aops d~bt?ads~ ~h? P«ia~«d~clw~t
~r tM~ b~r aW MORTti/?GEE. b~cw~ a in dr w~ d dr f~Ilun o~ tM P+h of ~M Nid MORTGAGOR a duyr.
~x~u~M. ~f~. co~P~eM. oon~p~lr w11A ~nd ~fdt b~? ~+di and ~Y oondNion~ ~nd aov~w~» Mid P~11 noN ~nd 11~N
r+~? a~Hl~r. and wid aos~. clwpM ~nd ~xp~w~, ~ch and w~~, ~N b~ bra~Nh? dw ~nd P~l?+blq wMMN a eot IhK~ b~ no~ia d~
n~e ot~n~pK antwn PK ~ wid aoat;, dw~a and txp~t h~ou~erd a wpNhir wNh M~w. tMU ~~d b~? th~ N~in of 1hU '
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a ib.~ w tn th..wir of «q? br..ch d N+i. Mo~qa~ or d.fwh on th. ~we d th. MOItTG~ARioR. « Q~l N ~h. ~r~nt .nfr of s~W war of won~y
Mnin nt~rnd q M nof prompNr and 1uW P+d ~M A01 d~y~ Mxt ~fNr 1M wr Mv~rdly b~oon~ dw ~nd pap~bM4 w11M~A d~w~d a nwkar
or kl M tM wwr wch and wwy tM qi~wl+tioiM~ +D~~~ ooredtHar and oow~w~ts of Mid promiMOry raN ~nd tli» narqp~ +ny a Ntlw an eo1
~1?. P~P~M +^d fi+q1? P~ ~nwbd. ~hcMd oonipMMd. ~Pli~d whh and abtd~d h?. th~n in ~hAK a an~r wd~ ~wm tM Mtd ap~
t Orp~t~ win m~ntiaNd in saW p~omtaon? nw~ NNn anNMiM~p unpaid, wbA Mw~n~t aouwd ~nd aN ~pund hK~bf?. ~hdl b~oon~ dw ~nd p~y~
~ ~bb fonlwNl~, or Nw~wifM. a~ tlr option of s~W MORTG~A~iEE. a fi~ly? and aon~pbNl~r +is If ~Y of tM wid wias d n~onh? vwer ~i~IN aipubNd
b b~ paid an weh d~r. +~MhtnO h~aid pra~ory eaN a M thi~ Morrpp~ to th~ ~aaary? ~f +nd or tlwn~fNr a~ tM option of
Mld ~ M1i111011f llOtiq p~IAM1~i iY~ a1 ~iW Of b pllilr~ t~Mf~Of! O? 1~I~f~i~Mf ~IN1r 111ry ~ p~a~~ ~~~s Nplf~ ~
h~d wMfwrd pi0r b Ms YytfANiOn. . .
7. Th~1 N th~ w~nt that ~t tM bp~w~g d a M~y tiia~ p~ndin0 ~n'l? ~pon tN~ Maqg~ or b fa~cioN M. or to nfonw M, w to ~n~ora
p~yn~M of arr dai~s l~w~~. said MORTGIUiEE slwM applr ~to tlw CAwf hw6~ ~dion 1Mtwf for fh~ ~ppoin~M of ~ baivw. wch Cowf ~hall
knhwhh ~pooYk a naiwr of s~W maqp~d prop~rf~? a~ ~nd ~L~uir, tadudin0 ~q and 1h~ inooaM~ P~. tauM ~nd nwnws fran~ wh~uvw
wwa dKiwd. Meh am! ~wey of wNelti h b~Mp ~xPn~h undKSwod, N Mwb~? morp~if ~qeifie~llr s~t tath and dNaW~d in th~ paMLq and
irb~edwn elMw~s Mewf. and wd~ R~alv~r sh~N h~v~ aq +M b~wd ~d ~ihdM funetions ~nd po~s in an~rwM~ ~nMwt~d bp a CouA b a R~aiw?. ~nd'
such appoiNnwu ~Aall b~ iw~ b~? wch Cawt a an admltMd ~quNy and a nwthr of ab~oluN riOM b Wd MORTGAGfE. and wid~oiA rrh?~na b th~
ad~quaey a in~d~qu~y of Nw v~tw of 11r prop~rtr ~qp~d or w ~M ~oWw+~er ar Yaolv~ner of ~Nd MORiG~AGOR a 11r d~hnd+e~, and tha~ wd~
?~nq. Profitt. Mioonw Nw~s and ew~w~s ~MII b~ ~pplMd by weh baiwr +aordtnY to ~M 1l~n ar ~quily of wW MORTG~A~GEE and th~ prwia d wel~ .
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To duty. P~P~b ~f? t~foml, d~dw~. ~~ac+A~. ~fl~ct, aoMpM1~, canPh vri~ and abid~ b~? Mch and wwy th~ aipubMaM, ~pnMS~1~„ i
a0n~tbna M1d ao~w~wW N Nid pa~soty ~qN ant! fhit e~orlpg~ sN iorlh. ~
9 ThN in tl~ ~K th~ oMn+~slaP of tM nartOp~d P~. p Mf? P~ b~oo~w v~at~d N• p~non olhr? th~n fh~ MORTQ~AR'~OR~ 1h~
MO~lTGAG~. ib woaaora and aa~ip^~. n~?. without nolia ~o th~ MORTCs110R. dwl wilh wch aioo~o~ a woo~~a h Mauut wMh nhrrna b Mb '
~+orqap~ and N~ debl Mt~b~? Mamd in tIN san~ in~n~ as wNh Morq~por witlwul tn anf? wa1? ~~+1i+0 ~ d~D ~~+Oa~' a+~l? i
w~d~r a upon ~M d~ Iwsb~r aand. No aN of th~ Pe~mM~s Mr~b1? wiaq+p~d ~nd no farbwano~ an th~ qn d th~ MORTGAGEE a ia woo~ao~s
a ~astpns ~nd no ext~mion of th~ tinw for tM pa~neMnl of tM d~W Iw~b~r s~ow~d ~Iwn b~r tl~ JwORiGA~GEE a bs wrooN~oes « a~ip~, ah~lt opK~t~
• b nMawo~ ~Y~ ~h d~~ a~ff~ct tl~ oripind Nabtlil~? of tlr MORTQ~I?~'sOR 1w~ d1lw in wAob a tn p~r~
• 10. h b~p~ific~l ap+~d thM tin~ is of th~ ~no~ of shN co~Mwd ~nd dyt no wdwr of ~ny abUpMion h~rwrdw a ot tM obUpWon s~
~ cuwd h~r~ ~ af an~r tim tl~wftK b~ iMW to b~ ~ waiv~r of tM Urn~s Mrwf or of tlN Mwewa~nt a~aind Irrb~?.
11. In ad~tion ~o tlw fapoinp aqmhll? P~rnwps d prinC:Psi and 4~ns1 r~quind 61? tM promi~wry noq ~cw~d hwd~y. ~norqpor oornams
and ~pr«s to pa~r to narqsp~ with t~ momhy p~ymMa an additioml wia ~stimwd by ewrqapN to b~ piwl b 1/14'd th~ anw~l cat of th~ folbw-
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A-NI ?NI prop~rry tax~s Mvi~d w a~Nd a~~Mw tlw ~bo+r~ dMOibed ~wl ~sbii. ~ -
d-~Pn~wn~ on fin ~nd vvMd~tann iyurano~ aa lMnin nquind b b~ earri~d an tlw 6apnow~eas ~Nw1~ bn tlM abow dMar~d pronaa.
C-Pnn~wn~ an wd~ a~o.t~e~ W~ram1? inw?~na as nart~g» slwd hae tba~ to tim d~Mw fM b wry an th~ loan ~a+nd h~ntr~?.
' 4An~r~p~ shafl irom tin~ to tin~ notN1? nartpspor in wrhinp of tl+~ rnoorM ebe and pq?aW~ h~rw~dn ~nd wd~ sum shstl M~rpon bt dw and
p~y+bb on tly du~ dat~ of tM nW momNr paynwa ~nd weh suooMSiw mo~rh tlMnaft~r uaN morqpN d~aq notify rao~tp~po? of • d»eq~ in wel~
amowk. Sud~ wmt ~lMII b~ appli~d by nartp+~e toward tM P~y~ ProPKM *anMr rw?rana P~. ~~q+~ Wr+~W
Pne~Kn~.
1 tM ~aid MORTC~t'aOR ha M~r~MO wf AY Iwnd and ~wl th~ dM ~ Y~
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