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at alt tlmas pa~oeaWy ~ad quiadp ~ aaeec npo~. boW,oocup~r aad aajoy ~ad lu~d= tbat ~id Lind is fres from ~lt aacua~be~uroes;
that w~II ~n~los ~eh Eu~tbe~ a~wca~oe~ bo pe~eot ths~ias tids oo s~id land !n t2~s Aa+ocl~tloa v any reuoaably be
~
n~e~ .paw~ ao Lereb~? it~ty ..a~c d~s tiae ~~iana .na wm aefa,a the ~n~s .gafi~t tl~e Lwfd cW~ oE
~ ~
~ pxovIDSn AI.wA~rs t~.c if tbe M sh.n wett .aa aul~? p~?y unto the As~bet.c~o~,, cue inaebcec~,as ev~eaoed
bp tlut oataia p~omisso~y ao~ af a~ran dt~sa~ m~ds by tbe Mo~tgagas ~nd pay~?ble to the A~ocLtfoa, ia the Princ~Pd
sum of ~~•.~..1~_~~.~~ SE~'E..rI H~T..NDR,ED ~TD NOL100 Dollaacs (i.._. 8~.?00._00
whicL noeq together with intatist thaceon ~ tbe~+eia ipeditad, b payabb ia moathly iastallma?b o#..
i
_ _
SEVENTY•EIGHT AND NO/100 t= ?6.00
tLe~......~~i...._..a.y af e~ch manth co~n«~ag w~. M~Y 10. 1964, ~~r~
are tA be ap~ ~t ~ iace~ ~nd die balance o~ prloc3pal. _w~til said ~ is pdd in fnQ tn~ ~all pe~o~my~ ~ ~
~ v~ ard al by e~ch and e~?e~y the ~pnlstlaa, aS~r°m°'eabs ooaditio~ and oonnansnb of a~id pe~bmi~ay noEe wd
mo~t~8e. And, ~8 a~r advanoes made by tbs As~oc4tlan to tl~s Ma~taago~s, ar theh t~~ooeao~s in tit1~ fa any P~P°~
~ at aay time beiae the releae and canoei4tbn of tbb matgagey bnt at no time sh~lt thh ano~tgage rec~me sdvsnoes cn s~oo+mt
~ oE snid arfgtnal note togedier wtth such sddit~nal .dvances in a sum i~, e~ooar of NII1TE THOUSAND
~ SEVEN HUNDR.ED AND NO/100 9, ?00. 00 ~.p~ ~r ~ ~ry
to p~~ tbe sea~dty and costs, thea th~ deed md tLe eah~e he~eby a~ted shall oea~e u~d be null and vetd.
AND THS MORTGACORS DO beraby? axn~wnt a~nd agree;
~ 1. Ta pay all aad singular tbe. and iata+est snd otbar sums of m~oneY P~Y~Ie by vtrtue af sdd p~omis~ay note
. and thb mo~tgagb, or eitha, P~P~Y~ ~Y ~~~~y d~.
a To ~y .n .pa ~ r~ u,a ~ ~ ~.aa aoa
~ ~a a~~a ~r, a a,~ ~ m.~~~~~~~~ea,~~a, ~a, ~ .~a a,~, a a~.c
~y ue ~a a ~a ~ ~«~s•~, ~ ~ ~ ~a ~y, ~ a~
e a~e
~ .oooraiog ~o mw, befa~e tb~? beoome a~uaquaut, .na b~o~e u,y inba~t .t~ a~n is 6~aurea; uea as
: a~ ~ ~ ~a ~ ~ ~,.n ~ ~pa~, ~a ~a a~ea ~ ~a ,~i «~~t ~ a~t
~~~e~~~ca~~~~p?~~?~a~aa~a~ ~n~~am~~~~a
. As~odacton as Matgagee vvtthin ~en days ne~cc aEcar paymeqt; and i~, the ever,c diac any t6ereoE is not p.id, satisfied aad dbci,.rged.
~a ~.c~ ~?y ~c ~r a~ ~y ~ ~ ~ ~?y ~c ~ ~ ~ .~g .or ~~r ~ ~
~mc~ar or by virtue af tbis Mactgage, and the full aiaoimt of ~h and evrry such psyment shsII be immediately due andp ~ya
aad sball bear iabarast fro~n tbe da~e tt~exeo~f nntil pakl at tbe rate stated in the note secured 6ereby su~d togetber with s~ch inter-
est shaD be sa.~ue+ed by tbe liea af this Moctgage.
~ 3. To loeep the buIIdinga and all eqnipa~ent and p~sooat p~+operty now ac beceafter au said premtses aavered this
~u
~ ~8a insu~ced in a s~un equal m at least tbe amow,t of the gq ar an amo~mt ~t to oom wtth any oo-~
: anoerequu~t cmnaLig tbe same nnder tha laws af the StaM a~f~ida. ~ing bss hom b~otL 8ro sbonn, makta the
; loss uader said policie~ cach and every. P~Yable to tbe A~ocistiaa, as matgp8e0. as ib interest ma appear, and ~aid in~n~anoe
, shaU be in a good and r~spons~bb ins~nanoe eanpany sa~fsc~ocy ~o said Asaocjatjoo, aad wrttten ybyoa~r~ 3oca1 ageat
sa to said A~so~.~Iatjon; and tLd policjr aar polkia ahili bear a sbndsrd mo~tgage clause without and sh~II be
~u1d~~by A:soc~atiop,:and, in tbe e~ut any wm of moe~ey beoo~me~spayable ~ socL policy or policies, tLe Assoc~ation sball
an
reotiv~e ae
: ha.~e tbe to reotiv~e .aa .ppl~? the ~me «i ~oo~mc of tLe ~d~tedn~ ~aeby ~urea, a to ab m
u
reodve use it, oc au~' P~art t~~reo~ for otl~.er parposes, wltLont tbaeby vvaiving or imw~ng any equ~,
Iiea, o~ under
and by vLtue of t6is mostBaSe. and may plaoe and pay f~ such io~uanoe~ or any part ~~a~eof, wttbout w:iviag or ec~ting ib
option to focecIoae. or any rig6t hece~mder, arrd tbe fWl amoewt of ead, and e+?ay s~c6 pa~yment sbaII be immodiately d~e aad
payable and shall bear interest hom tbe date thereof until paid at t6e rate rtated ia ttie note aecured heceby and togetLer wlth
such interest sbaD be sec~ued by the lkn of ~his Mcxtgage.
; ~4. 7o~au
t, oo~mi~ or suffer no w~te,, impa~m~t or detaioratad oE said pcopaty, ar any P+ut tLereof, apd ~nPa?
~ the fa~re of tbe ~woatgagon to keep tbe an said penpa~ty in good ooadition of repatr, the Assoc3stiot? msy dan~rd tbe
' immediate npaii of said b~tding,s ar tLeb b~te repoymeat of t6e debt haeby seetued, and tLe failur~e of tha moctga8ars
to oomplY v~th sajd ~ oE tbe Asso~Kon for a peiiod af Z'bicty (30) days, s~aII ooosNtuM ~ bz~eL of tbis mo:tg~ge,, •
and, at tbe optioa a£ the Assoeiatioa, i~mmedta~tety msture the entire airiomt of prIndpol and iaberest ~secsu~cd, and t6e
As~oc.~iatioo. immediabdy and wttbout notioe, may fmtitute peooeadings to foreciome tLb moitg,~ ge snd spply the appoinem~nt
' af s Reoeiver. as baeinaftK pe~avided.
' S. 'This mabg~ge ooatract pso~vides for addkioaal advanoes which may be made st tLe option oE tLe association a6a~
sec~n~ed by this nr~tg,tige, aad it b ageeed tMt ~t the evmt af sw~ advane~s tbe amo~uit may be added to tbe aw:tgage debt
and sbsII inerease the ~mpaid balaooe of tLe no~e lks+eby secu~ed by the amount of mcL advanoe and thdt be a part oE sdd "
aote indeb~edne~ midar a1t tbe t~a~ of ~ mte and tbb oontract as fdty as if a ae~v such note and aantract w~re ~ecuted
and ddive,~ed. Mt~additiooal ~dvanoe ag~roesne+at may be giv~ea aad a~ooepeed for sucL aavanoe and pi+uvLioa may be au~de for
~ • ~ffa~t monthl~' P~Y~ab and +e diff~ernt int~ rata and othfr~~e~~e~ of
~id
~
trace, bat in aD othee raPa.'ts
. this oontta~ shnA rea~a6~ fa fWl foe~oe and effed as to said
s, ~ ,~y ~ ~ ~ ~ ~m ~~a e~ ~ noe ~r~i? ~ ~h? ~ .~c~, T~er eso) a.ri n«c .ha
tbe tame sav~eralty ooms due and Papabb. a' if each and av~ay the tion~ ageeone~t~ Qoaditiont„ and aave~~ants of said .
: peocni~ory note ud tLts deec~ ar adtba, are not dat~+ ~famed, oan~ with and ~b~cied b~r~ t6e a~tte sarn m~aoed
, in said peuo~ory note and uti~amamt ar amamb adaed to tbe ~ge indebtednan uoder tbe t~ms of tbis mortg;age
~ sha11 beoome due and payshk a tbera~ker at tbs optioa of the AoociAtioo, as fuDy aad oom u if said te
1 sm°N~aw
~y aas °'~ig~ioally ~uhted to. be paid on meb dap, anythtng in said p~+omis'oey? noM ae t6e ooa~
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; 7. To ddiver to tbe A~oc3atioo, aa ae be[ore Mareb 15tt~ of ac~ year. tax reodpb ei?~deoc~8 tbs PaymeAt of all Lw-
, Inth?~ tua for t~ie p~~oediag calend~ryar
;~o ddiver to t6e As'odatian reeefpb g~e paymeat of a11 lieas
~ 90 ~due~ ~u~d all hl kvjes tbat beoorne due ~d paya~aad to pay or dbc~uge vvit~ia
t ~ ~ y msY _ awde an tLe moet~aged pnope~ty, on dds ~ge
: a a ~ ,~r ~r ~ ~ t~ ~,.ge ~ ~,~a by ~
;
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