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~ p~eo~dio~ ahall ~~co~~d t~M a~ovnt O! pyaantra a~ot~ually ard~ b~ t?h~ Ibrl;s~~, ibr
~ ~ t~ax~s a~a~d aaeese~eats ~o~d 3a~uranos p~ivre~ a~ t~r oaN a~y bs, ~uaL ~oosa~ aha3l
- b~ orsdif,etl b~ t~bs Zbs~Ega~ss oa aubssqtieot py~snts to b~ a~d~ b!~ t.~ l~brt?~a~or. It,
bove~r, tL~ aonthl,~ pey?isats asde ~ t~s 1brE~sgor undsr (a) o! paryp~aph 2 pa~o~d-
3t~ sl~sll nat bs sutliciant to pq7 ta:se- aad aassaa~sata eod ioaureno~ ~ars~i~sa, as
t2~s oass aa~ bs ~ vAe~n t~s sa~s atwll bsoo~s dw aad pe~abls, t~hsa th~s Nortgagor sh~3l
paT to ths lior'tgages an~ aeotu?ti n~soessat7 to ~ske ttp t~rs deti~oieoa~, ~n ruc bstbre
t~t~s dsts v~? pey~snts o! swoh taues, aeseea~sic?ta, or insuranos p~e~iv~a shall bs dw.
It ~t ao' ti~os ths l~brtgagor absll teader to t.hs l~fortg~ges !u ~ooordeaoe vitL t~s
p~rriai~e o! ths note secursd hsrsbpr, !b].1 pq~aent o! tbs entirs indeb~t~sdness ra-
prseentsd tbsrsby, t.bs l~fortgages ahsl]., in oasputit~ tbs a¦rovnt o! at~ob 3adebtsdo~sas,
oredit to t~rs acoount o! t~s l~fortgegor my balauoe reot3niog ia t.hs llwds aaovrulRted
vader ~hs p~ovis3~ons o! (s) oi as3d paragraph 2. I! tt~srs shell bs a_dshult vader
aqT ot ths psooia3+ons o! t.bia l~brtgaga, result3ng 3n s p~bli.~o aals ot tbs preaissa
oo~rsrsd Lsret~, or it .tLe t~brtgagee aoquired ttr P~P~7 otLarvise a!'Esr dslault,
the Mcrtgagee ahall spplT, at t~a t3o~s o! tbe t of euah procesd3n~ga or at
• ths_ ~~ms t4e pro is ottrezviae aaquired~ ths bal~nae thsn rso~siaiag 3a t.bs llmda
acavmu].ated voder (s o! paragraP~ 2 P~+~~B ss s orsdit agaiost t~rs asount o! p~in-
oipnl thsn s~e~oeiaing unpaid w~cier ssid not~s. ~ ~
To ps,y all and singular t.be t.suea, asasssssnts, l,svisa, liabilitiea, obli-
gationa aad encuo~barances o! ev~ery aa~urs aad kiad, now on saLd deecribsd P~'oP~s or
~ that bss~sa!'ter me~y be L~poaed, snttersd, P~~s 1~~ or sseesaed t.hss~soa, or that ,
~ l~ersalEsr my ba levied or aeseseed- upoa tbis Koar~Ega~s or t.bs ipdeb~tsdneas seaursd
hes~eb~, tor vhich p~oviaion hss oo~ here3nbetbrs bsen ~ende, each ead evsr~, ~bsn du~s
aad pa~yaW+s, saoord3ag to l,av; and 3aeotar ae a~ thsreo! is o! reoord, tLs ea~s ah~11 ~
bs pa~o~mptly sat.iafi,ed aad dischargsd o! rsoord, and t.bs orig3aal otYia3,a1 d~ocu~snt
ev3~denciog pqyment (aucb ea, tbr 3oateinoe, the teuc rsaeip~ or ths satisi~aoti~o~ pspsr '
otffa3,a1],y endorsed or aer~itied) shall be plaaed 3a tbe Lenda o! ~t?h~s ~orGgagss vithiet
. ten dyya aeut a~'ter psyment; and 3a tha svent t~at my t~ereo! is uot ps3d, satis!"3~ed~ '
and discbsurged, ssi,d ~lfor't6ages m0.Y at au~qt t3~s, inolnd3ng t.be p~ ot a anit to
Yorec3,~se ttsis ~o:"tB86es P~ t.he sa~e or sa~ part tbareo! vi~ vaiv3ag-ar- attect3ng
~U? oPt~~ ~s ~~Y or rigbt under or by . virtus o! t.his l~b;tgage s end the ~b~71
mount o! eaah ead e~very au~ob ~t sbsll be 3aeadiate]~ dus end. pe~able and shsll
bear intersst i~o~ t~Le d,ate thereo! tmtil paid at t~hs rats psovided in aaid proiieeory
note aad together vith au~ah 3atereat sha]1 bs escured by tbs lie~n of tbis lf~rtgage.
Thst 3a order to acc~ersts tLe aaturity o! the iodebtedn~eas h~e~eby secured beoauss
- o! t~he lailure ot the liortgagor to pey? m~t ts~c aaaee~oeat, liabi~itY, obligati~oa or
- e~ncvmnbocanoe upon aaid P~'oP~'CY es hea~ein p~ov3rded, it sbe11 not be neoesasry or requi-
~ aits that t~he l~or'tgagee ahall first pey the aa~s.
5. To peisi.t, oo~eait or autfer no veate, iapaf,ssent or dateriorat.i~oa o! sai,d
P~'oP~Y or ~ P~ ~e~t's to do or per,it to be done to aaid pace~iaea nothing
that vill alter or ahe~cge tbe use aad cl~ardcter o! aaid p~opsrt~ or ia a~ ve~ i~rir
or ~+eaken the aecurity o! this l~bs~gage; end to keep aad ssiotain t.bs bu33~dirig or
- bnil~dinga n~ov lrooated upon or bereaPter oonatruated upoa tLs pre~iaes hereinbef+~re
deearibed . 3n good aonditi~oa end repair, end t.~o~a t.ise to t3ae a~s]oe auab repaira~ Lt-
p~ovaseute or repla~emea~ts upon aod to said buil~iing os build3aga sa ,qy be a~ecsasar~
to baep ~tbs eaoe in good oo~dition aad repsir. 3hould t~he Mort~gagor isi]. or retl~ea
to ma]oa sncb reP~es ~P~"~~nta or replaceseate vithia thirt? ~30) claya af'~er
rritten demend by the lbrtgagee, then and ia tha~ oase tLe ~brtgagee sball hsv~e t,tis
~ ~ right to maloa aeid rePsirs s imp~ove~ments, or replaceme~?ta aad to e~cpesid suab a~s or
s~s of money ea shsll be ap~nved bry? eitb~er ita Finmce Co~nittes, ~cecutive Cos~3tts~,
or Board o! Directora (eitber beYore or aPter suah ezpeoditurss are ~e~de) ss ~ bs
' reaeonab],y aeaeasary to put aaid building or buildinga in good oondition aad rspsir, -
E acrd ell suss eo ezpeaded ahe~ll be add~ad to aod become a part o! tLe p~3aoipal indebt- -
` ednese 8eaured bp t.bta l~rtgege, and shall bs psid by tbe Kortgegor to t.~e l~brtgages
` ia tvelve (12) equ+e~l ooneeautirs acntbly 3aata1l~enta, t.be firat monthly inet~e~lLent
E to be psi~d as s part o! a~nd in ad~ditiroa to t.bs ~oat.h3y p~yssat dwe ander thia lrbrtgags
; in tb~e tirst oal.ea~dar aionth lollovlag tbe oompl,sti~oa o! auah repairs, auah sura or
' espended to bear 3atsrset at tbe rats a~ ~biah 3atereat is pe~yrable npon aa3,d p~i~cipa~.
` ~ . iadeb~tedneas; md 't.be lie~ o! t~be ~rtgage ehsll estend to md seaure t,he euss ao es-
r pen~ded, toget.ber vith 3atereat tLereon ae hereinbeibr~ p~ov3ded, in sll respeats as
tbough auah ~s bad been a part o! tbe or3g3na1 3ridebt~edness secured bereby. ~
6. T~e?t 3a tl~e sv~?t t.he o~+nerahip o! t.be ~rEgeged pa~iaea, or sa4? part thers-
o!, beaosea veated 3n a person other than the l~Iortgagor, tLs Mortgagss, its suoasssor~
aad aeaigna, aeqt, i+ithout notice to the l~rtgagor, deal vit.t? suab auaaeasor or ena-
; eeasora 3a iatereat ~ith relerence to tbia Mortgag~:aad tbe debt bereby seoured !a
` the saoe aaaner sa ~itb tbs ldortgagor tiritbcut in a~ vay vitistiog or dischargiag
` tLe Kortgagorss li,abilit~ bereva~dea~ or upoa tbe debti bereby asaured. lfo anlrs o! ths
~ p~e4iaea hereby ~ortgaged at~d no torbearancs oa the part o! the Mortgages, or ita
~ suaoeasors or aasig~ns, aad ao eoctene3,ea o! tbe tLre tor t,he peyment o! t.be debt hersb~? _
~ ee~ed givea by t?he Nortgeges, or its suaoessora or asaig~?s, ahall operats to re-
€ leaee, diaoh~uc6es ~~Is ohenge or sfteat t.be or3ginal lisbility o! ~he Nortgagor
` bsre3a, eitbsr ~a t~tbols or 3a p~art.
7. Kortgsgor agx~sea, and it ia s c~o~aditiro~n Lereot, that 3a oaas bs ahouLd esll
~ or disp~ae o! the p~opert~ l~ereinbelors deaoribsd p~iror to t~s l1il.7. pq~eat aod dis-
~ - o~args of tbis l+brtgage, his desd o! oomre~ance shell oont~ain s p~o~ia3,o~n aad oondi-
tLoa to the s!leot t.~mt th~e pural~aae~c asetaes tt~ia Hbrtgag~e aad agrses to pe~/ tbs in-
~ ; deb~t~ednees seaursd hereb~, aad tailurs to ineert said pa~ovision aad oondition ia
~ ; ~ ~o~~ 83 ~53
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