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. i~~~ .T .
t6e deRciena~. 8uc6p~~n
wt shaU be~
e within tbirt~ (3~ dqa ~t1~ee wriltea uot~ios fi~om the Moetga~a •
stat~ing ~hs ~unauc?t o~ tbe de~imo~, whicl notioe ma~ be ~oeu b~r m~il. It aisryr tlms tbs Mort~~gar
aha~l teader to ths Mor~g~ges ia ~ooordwoe with ths provinon~ oi- the cats ~eaured Dersb~~ iuU p~mea~
ot ths eniirs iadebtednas repraeated thereby~ tbe Mortgages a~ trwtes ~haU~ in oanputiag the amouati ot
such iadebtedne~, credit to the ~?oooun~ ot t6e M r ~q~r credi` bilwoe uader the provi~ion~
ot pI N?id p~ngraph Z. It thers ~hall be a dei~
der suy oi ths provi~iow oi ' mart~a~ resulting `
in ~ publia a~le oi the praniee~ cooered heroby, or it tbe Mortgages ~oqwres Ws proper~j ot~h-irwLs sitiee ~
det~ult, the Mortgages as trwtee ~hall ~ppl~r~ the t~me oi tbe oommeacem t oi wch proohsediags or
t6s time the P~P~7 ~ otherwi~e aoquired~ tbs uaaoun~ then reaaaining 6o credi~ of Mortgsg~or under (a) ot
paragr,?ph Z prec~edu~g u• cradit oa t~hs intsresti aocured sad unpaid aad ths ba4noe to the prinoipal `ha?
remwning unpaid oa saui note.
4. 8s wlII py? all taioeti ~rermeot~ wat~e sod oR6ee~o~mea
tal oe a4tmkipd oh~e~e~. ~ ove
~P~~, ia wLio6 pt~o~Lbn ba~ no~ beea mads b~obe~ors~ and is de[wl0 Wee+eot tbs t
~ns; ~?nd tba0lr wW proo~? deiir~e ~ aiat~l i+eoeipts ~etoe to ~s D[at~~ee~, ~a~i+~~ ~11? p11? ~ ;
6. He wIn peemit, eommit, oe w~liee oo w,~ imPdim~ea ce detecta~tloa at ratd propert~r ae thee~eot ~
eaooept t+au~o~nabie we~r iwd feat• aad ia tbs ~t ot t~hs ~ ot tbe M to lceep ~b~i~ oa ai~ ~
p~mi~e~ ~nd tbo~s to bs ~recte~ ~aid ~
maice w~oh repatis a~ ia ita di~
n it ~~~~~Lo~pe~~' a°0d ~°P~ aW? '
at each snd eveqr woh p~ymeat ~ball be~due and~ fibiit,~r ~r) dyra aft~ dem~n~~~~a~n~ ~6aD bs aeeurad bpr i
` tbs lie~ cE tbls mortp~e. t
~ ~
a He ..in py? .n nna .io~ulat t~hs ood~, .aa aa~pede.. indudins re..ooabls Lvy~ec'~ tee~, .~na oo~. 4
~ at ~bts~o4 d title, iao~ured oe p~id at aq~r tlms b~r b°a'u~°~~
n~ ~
t6~ ct t6s Mort~~oe ,
• pe~oo~ptly aad to pe~toem 16e a~reea~ents aod aoreoant~ al rid !
; ~ ~1 ~ dus ~nd p~bls ~?nd ~all bs ~e~ed by ths ~a~
~~mo~dt~p, ~
~ Ss wiII ooai~nnonr~ au~intaia basard inaraaoe~ ot woh t,ps ot~~jp~ and amouab a~ Mostg~g~es my i
~ f t~am tims to tims reqt~irs, oa t~hs impro~etnsnta aow ot~ bee+eattAr on ~aid n~'e~, sad esospt when pymeat
- i~~ vl aych p~rsmiuam~ bas t~hsretofoz+s been made uader of ~cap~ Z he~reoi Ls will P~1 P~p wheo
prsminm~ tbai+etor. Ali insuranos ~all bs Qarci~ed in d~~piai'es spprorre~ b~ M aaad~ po~t.
a
~ cie~ renewaL t6es+eoi abaU be Leld b~ Mostgagee and }u~s attached tbers~o lor g~aba
1e ~es u? i~ror o~
~ M
ocm aoosptabk to tLs M Ia s~enti o~ bes LS will gi~e im~?te notios by,mail to Mo~r~ag~es,
a~~~my ms~~s ~o~fa~~ ii not mads Ps+omPt~j bl Mortg~gor, aad each unur~aos oua~p~a?1?
~
~cer~ed ~ ~wt2rori:ed snd ~rs~d to ma~s ~ar ~
~ d~cy~,~ ~ ~ 3nste~d at
~'t6~ ~5~~~~, and tLe msurroos ar tLee~eof m,,1 bsa
~~~~p
'~ed bj
~oct•
~t its option dtber to uation oi t~e iadebtedne~s L~ ~e~d or t~o t~ r~~n ~~pair ~
~Pi'oP~1 _ In e~ent oi forecbsnrs ot t~ or oWsr traa~lee~ oi title to the mortQag+ed
pe+~p~,r~ in e~t3agu~m~nt of t~s ia~t~n~ eieh; ~itk, and iote~t oi drs Mort~oe
in aa~d ~o aipr insuranos poliaies tLsn in ia~os ~Lall pas to ths pnro~ee ~~cant~es.
8. He will aoL ea~ecuts or $le of t+ecaetii an~ instroment wLicb ianpwes a nstriction upon ths als or oocw
pana~ oi the PI'oPer~9 de~cn'bed Lerein on the baw of nos. oolor~ or craed. .
~ 9. If the pramiees, or any part thereof, be oondemned under tbe power of emineni domain, a~ aoquired
~•for ~ public use, the ~ awrarded, t6e proceeds for the of, a~ t6e oonsiderat~aa fat ~uch aoquui-
tion, to the estent oi the ~ll ~movnt oi the remaining uapaid~ebtsdneM secured by this mac are
~ hereby aesigned to t~he Mortgagee~ and his heirs or aea~gns, and ehall bs psid forth~viW to asid ~agee
, or his ee to be applied ot? aocount oi the lsati m~turing inatalimente oi such indebtnees• provided, ow-
ever, th~or~ee or hia s~ignee; may st his d~xstion psy direc~ to t6e Mortg~gor, Lis ~eirs or
. any part or aII such avratd; pronded, that ii tha loan is guaru?teed or insured, the consent of tLe a~rm-
tor or inaurer is abt~iaed in ad~aace of saidpayme~a~.
10. The Mortgagee nuy, at any tims ~ending a wit upon tLis r~s~e aPP~7,to ths oourt baving jueiecii~-
t~ion thereof for tbe appoint~neaL oi a receiver, and sucL oourt ~6~11
fordi~ntS? ~powt ~ reoeiver oi the premises
ov~red Lenby ~11 and singul~r~ includin~ all ~nd singular the inoome, p+o6f~. ~sues. and re~eaues from Mrhat-
e~er souroe d~ved~ each ~nd ev~ry ot wrhic6 it u~g eacpe+es~ly undent,ood i~ hae+eb~ nwrtgaged as ii specificaU~
~et forth aad dacribed in the graating aa~ 6abeadom clause~ bereof. ~uc6 app~in~t s6al1 be m~de by
wch oourt a~ aa admitted equi~y and matter oi absolute right to ~d Mortg~ee~ ~nd ~rithout reterence ~o
the adequacy or inadequaey ot the valne ot the P,~P~Y ~rt6~8'~ or ~o t6e ~olvmcy or insolvency ot said
uc
M r or tLe defead~nts. such reats pm8ts, moome, jssues, aad reveaues ~hall be applied by s~ reoeiver
a~ooo ' to the liea of Lhis mortgag~e aa~ the pnctioe of such oourt. Ia tbe erent ot any det~ult on tLe part
of the Mortg~gar herennder, ths Moe'tB~B'~ ~ P~7 to the Mo oa dsm~and a s rea+wnable monthlv ~
r~tal for tLe premiw an amount~at lea~ti eqmvalent to onatwelith oi tLea~eg~
te oi ths twelve a?onthiv
iostallments payable m tLe then current ~eac plw t~he actw! smoun~ ot t~s anau la taxa, a~sea~maata, watsr
~ nta, and 'mwraaos pi+emiums tar euch ~ear no~ oo~ered b~ tLe atone~si~d moathly p~~meut~.
11. Ia tLs e~e~t oi an~ bareach oi ZLia mortgags ur det~ult oa tLs part oi tLs Mortgag~r~ oe in tbs e~ea~
th~t aq~ oi said ams ot ao~nn~~ heraio reterred ~o bs not Pz'omPtl7 and fu111 P~ ~~'d~ni ~ ths tenor 6e~+eoi
eu
or in the e~eut tbat each and e~er~ tbs stt uLtioau, ~reemm oonditiotu. and ooreaanta ot ~aid note an~
, ars nat dul7~ Pt'Q~PW. t . . a't~or be ~djudicated bankrupt or
~i?ds~ d~[eadant m~ banlQU ~~o~med or ths M
P~7 or t+eoei~er~h~p proceedu~s tLm in e~thec or any woh s~snt, tbe said a~+e-
. ~ats sum ment~ed ia ~sid note t~e~~o~nwg uapaid, ~nth int~+est aocnfed to tlu` time ~nd all awney
~ecured harsb~ sbaII beoome due wd p~yable iorthwith, or tbarsatt,~~ a~ t~s optian of a~i~ M , ~
fuUy and comp~etel~ ~s if aU tbs ssid suoo~ oi money ~+e ~a~lj ~d u4ta1 to bs psid oa such~an~
in ~id nots or in t~s mo to fhs oon notwitLatan '
~ r~a6'e ~ ~6i , tbereupon or t6ereatter, at the optioa
oi sud Mo withont aotsoe or demwd, nut st luw or ia equity~ may be pe+aecuted u if all monew
~ecured hereby~~ matured ~ior to it~ in~titution. TLe M ma~ i~reclose N?a mortgage, ~s to tf?e
amount so decl~red due and payable, snd t,bs W?4d pe+e,mi~es ~?all~sold to sutisty and p~y the same tog~ether
. witL atsts espaues, ai?d allowances. In caee of partid foreclosure oi th» mortg~g~e, tbe n?ort~~
shall be ~o~d wbjecti to tl?a ooatinuing liea oi tbis nwrtga~e for the amount oi the debt not Lhen due
and~unpa~
id
} ~o
ch ca~s ~Le p~+nvisions oi this pan~graph may ~gaui be avn'led ot tbereafter irom time to tirae by t6e
~ i~
No wai~etr oi an~ oovenant Le:+ein or oi tbe obligatioa ~ecured heraby shwU a~ aay time theer~fter bs
held to bs ~ waiver of tbs t~erm~ ~e~eoi or ot the note ~ecue+ed Lee+~eb~.
I3. The liea oi t1?is inatrument ~6all remain ia fuU toros and eHeet daring aay po~tponement or e:teasian
at tbs tia~e oi payment oi tLs indebtedaer or any pu~ thsreoi ~ecured Lersb~.
; 14. This ~~e~~d deli~ie~ed~oont
~ t~rs purcbus moae~~ o: ~ part thereoi~ oi Lhe landa herein de~cribed
~ ~nd is ezecuted ponaeously with tLs deed t6erefoe.
1 b. It tLe Mortgag~or default ii. aa~ oi ths oo~eaanta or agresmenti oontained herein, or ia ~aid note, then
tbs Martgagas ma~ pesiorm tbe ssme, aad aIl e:peaditura_ _~aeluding raa~o~nabls attorne~'~ iea) mads b~ the
Mo~tg~ m so do~ng ~hhaD draw infRnsL at the rute provided for in the principal ind~btedae~a, ~nd sL~ll be
~ rsp~y~ble tLirty (80) d~ys dtee demand, and, t~ogether with int~rest ~nd ooats ~occued thee~eoo, ~6all bs ~ecured
b~ tbi~ mortg.~s.
16. Upon tLs request ot ~he Martgag~es the Mortgagurr aeall ezecuts ~ad deliva~ a wppkmeatal note oe
~ note~ i~r tbs auan a~ amus ~d~~noed b~ tbs Mortg~gee for tLe alt~eration, moderni:ation, impe+ovemeat, msia-
; te~anos, or repsir oi said pe+emise~, for t~us os ara~meat~ against tLa sao~e aud for m~ othes purpo~s autLor-
' i:ed Le:+eunder. Said no~s or note~ ~6~U be ~ecured berab~ oa • p~rit w~ith sad as full~ as it tLe sdru~e
: s~idenoed tbersb~ wers indnded ia tbe nots fint dacribed abo~?e. ~wpple.caeutal ~o~e ot n~r~u11
' a`~' K o,, ~7.
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