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at al! tlme~ pe~oeaWp aad quiedp ~ aneet vpoo. hoW.ooa~py and aojo~r ad had; t6st nid Lwd !t ires fe~oas dl e~eumbranoe~:
t6~t N~ ~rialos md? fm~ther a~noe~ ~ pecfeat dis~~as dmpie titls to aaW Lnd in dis A~oc~~d'oa u m~y reaonsbly bs
n~qy~ aed d~ tl~r do ]~~eby fi~IIy Mra~ant d~s tkls ~ pld Lad wd wdU defa4d ths ~aa~e again~t ths hwfW cWa~ af
~ all peesont .
PROVIDBD ALWAYS tbat if tbs M ~g shsU w~eIl and tnil~? PQy ~~o the A~bcistion. the indebted~ avidaioed
b~ a,.c oa~n p~m~7? ~E ev~a a.~s°` be~~It~, m~ae by a~e Mo~gag~ .Qa p.y~ble-to the A~o~.t~, in the p~h~p.t
TWENTY T80USAND AND NO/100 ~=ao~ooo.oo._
o~ _ ~ ~
b payabb in montbl~?° inid~n~?ts of_---•--____...._---•
whicb M,ce, togecber w~~h tne~c d~eoa u tberein spec~ea.
~ N
. ONE HUNDRED FIFTY-FIVE AND NO/100 155.00
~ ~T~~~r ~ ~ ~ April 18, 19643 ~ p~~,b
~ are ~o be f~c ~o m~a+~c, ana t~s bal~noe m p~nap.l, ~m~l saia ~d~ed~i~ i~ p.~a in fnn, .na ~6.n p~f~, t~b
" ~v&h aad ~by e~c6 aad ava~y tbe~u~4
tbos. aE~b. ooad~o~ and co~vaoanb af aid pcooai~oe~? note and
~~y ~g u~r sdvmoes ~de by tbs As~oc~6~eiaa to the Maetgago~s. ae the~ s~ooeaoes ia ti~ fa a~r P~P~
at any tlme befare tbs rek~se and canoellatioa af thb mat~age, bnt at ~ao time ~halt thi~ mact~+?ge ~ec.~ue+e advanoe: aa aooount
af said o~inal note ~ogetbet wkh s~ch additta~l advances in a wm in asoe~s of T~1VEI~1'1'Y THOITSAND
Aivn r~o/ioo ~ ao, ooo. oo ptn ~a~
~ p~e~ the se~~ .na ooab, a~a t~b aeea ana the ~t.te haebry? «~tea ~~e .na ue nnA `.na'~v~. n°c~`ry
AND TTiS MOR'1'GACORS DO Lereby? an?e,asnt and agcee: _ ~
. i. To ~.r ~ ~a ~ ~ ~a ~~c ~a ~ ~ ~ ~r~ ~ ~ ~a ~
,und t~is a~o~gage„ os dthar, prompNy aa daps respeaiv~ely che ~me as~~adip oo~ne due.
• S. To pay alt snd singuLr tbe tsms. sss~smoatr. kr?k~. li~~ obligatloas and ~brmoas of a~y nat~a+e and ~dnd
na~r on said desaibed pi+~ty, ae that bereaftar msy be 6n suffaed.~a~d 1e~?kd. o~ ~ssassed diee'aoo, ae tbat l~a~Ete.r
may be kvied oc assessed upon tl~b Mactgage. cc tbe i~Kk~~ s~ec+a+ed bere
~by. each and everY. wbea dne aad pa bk.
~ aooo~ding ~o hw. befare tbay beoome delinqneat~ aad before a~? interest attac~es o~ aappa~1ty h~+ured; and ~ as
aay tLereof i= of reoad the same shaIl be pe+anpdy satidied and discharged of reoord and tbe a~t~nal o~l doam~dnt (wch
; a~ for ~nce, tLe buc reodpt a~ the satisfactloa PaPer o~llY axlo~ed ar oe~tifted) sbaU be pla~oed ia the hands oE said
- A~~tion as Martgagee within t~a days na~t afta paymen,t; and ~n die av~t tbat any tbes~eof b aot patd, sat~Hed and dischacged,
~ ~a ~c~ m.y ~c .~y c~ ~y ~ ~ ~ ,~y ~c ~ ~a,~c a .ar ~r ~
~ ~d~r a by v~d~e ~ tbi: Ma~a .Aa tbe fun amamc of e~ .na av~y s~ P.ymeac ue aue anapay.
. - and sball bear intarest from the ~ate thaeof ~mt1 paid at tbe rabe stated ia tLe note secured hereby ~ d~1b~a~ wltb s~ch intec-
est aball be sec~a~ed by tbe liea af tbis Ma:tgage. . .
• 3. To loeep tLe bnilding~ and ~all . eqm~xoient and p~ao ~~a1 pmpe~ty nowv o~ b~+aR~r an sdd Pceant~ c°v~°~'°d by thb
mat~age, ~suted in a sum equal to at leaat tLe aaww?t of t~e ge,. o~ an amamt s~daat to oomply wlth any oo-inra
anoe cove~ing the same ~mdei tLe laws aE ths State ~ oon?erfnE loss ~rom botb Bne and :~ocm, maldng the
~ loss ua~tpolides. each and every. PaYable to tbe Assodatloa. as mat&s8~0. ~ fb interest ma appear, and said io~uanoe
shall be in s good and responsible insuranoe ceo~p4ny sa~ory ~o said A~soeiatioo„ and written yby a~~~~ loc~lagent
sa ~o said Association; aad the policy or policies sLall bar a standard mocigage dause wtthont oon and s6aIl be
heldby Association, and, ia the eveat any wm of monay beoo~me~spayabb imder snch policy o~ policies, d~e Assodation ~11
: have the to reoe~va and apply the same on aooo+mt of tbe indebtedness baeby sec~u~ed, ae to pamft tbe ~o
~~~~Y P~ ~ fcr ot~er purpo~es, witbout tbereby ~ng a~ 6;~ ~aY a4~Y• p~~~i~ode~r
ar,~ by vhtue ~ dds matgage, •and maY P~° ~ PaY for such h~suranoa~, ae any pait wjtboat waiviag or eMing ~es
option to fae+edome~ or any rIg~t h~, and the fWl annaunt of each and every such payment sh~II be iaamedhte2y dne and
, payable and sball bear interest bo~n the date thaeof untl paid at the iate stated in the no~e sec+u~ed bcrehy and toget~et with
such intaest shall be aecsued bq tbe Ika of ~hb Matgage.
' , 4 Tope~m~t, oommo~t, ar mffer no wast~ imp4irmeat ar deterfaation ~ said pi~ope~ty. a a%? Part tha~eoE~ and °P°a
~ • the fiilure of tLe a~o~tgag~s to loeep the aa :aid peopecty in gaod oondition o~ repair, tha Asaodation may dea~nd tbe
; immediate ~ o# ssdd b~iZdingp ar theb i•m~aEe repaymeat of tbe debt b~sec~u~ed. and tbe fa~ie~e of the matSaB'as
; to oomply w~th ~aW demuid of the As~oci4tjon for a period of lrhfrty (30) daYs, oon~itute a b~e~ch af this
fo
~ and, at tbe optjaa of. tbe As~ocjation, iwmadiatdy matune tbe enm~e amo+mt of p~ncip4l aud interat~by sec~~red,
' Asaodatjon. immediste~' and v~tlwut nolice, mar io~itute peooeedings to fo~ecbse this mortg~age and apply foc tbe appoiatment
~ af a Reoa~vet. as ~ p~ci.
5. Tl~is moet~s oantraa prwjdes for add~a~al advanoes wWch mny bs m~de at tbe option ~ tLe as~ociadan aud
,e~a~ea uy this mo~.g~, .na k is .geea t~ac ia a~e eveoc o# s~ advanxa rhe amamt m.r be ~aaea tv a,e ma~,.ge aebc
aud shaU i~crass tbe mpaid b~Luoe oE tbe no~e ba+eby? secia~ed by tbe amamt of snch adv~noe and shaII be a put of ~aid
noce iudebtedaess uoder aD d~e te~m eE said m~e and thi~ oontrad as fulljr as if R naw mch nota and oontr~.K w~re e~ec~rted
~ .~a a~~a. ~ ,~aa~.t .a~?.~ .~c m.r ~ ~.~a.~~a ~,~.a~.~.~a m.r ~ ~ ~
~ diffaent mootWp PaYme°fs w~d a diffeerut inta~est n~e and ath~~~~~~ ~ af bat in a11 other nspecb
this oont~t :haD ran~io in fuA force and effed as fio aaid
' t s. ~ .py ~ ~ ~ ~ ~~a ~ ~ ~c ~r~r ~ ~ ~ ~r (so) a.ri ~ .fca ,
~Le ,~s sev~anr ooaae aue ana p.y.ble, or if ad, ma av~? a~e t~, .g~~, ~ ma oo~v~eoanb af saia
p~omi~oep note and tLM deeci. a dt~er, are not dnly p~£amed. oom~ with and abided by. the agg~reg,abe sum mentkoed
' } in said promissocy note and an other amamt a auio~nb added to tbe a~ortg,~ge 6debtednet~ mder tbs tams oE tbis matg~ge '
E ` s~D beoome due and p~yabls ~actbvdth oe t6ereafter at tbs optjon ef tbe Asrociatioq as fnll~? and oompla~e~p ~ if said aSeneg,ate
; ~ s~m ef awosr was origuo~lly ~tlpnLced to be pdd on ~ day. anything in ~aid promi~oey note or heretn eo the aontrary not-
. . . .
~ ~ 7. To deliver b tbe Aaodatjoo,~ ou or t~efa+e Marc~ 15tb„ of each ye~r. hz noetpb a~v~deodos tLs Payme°t af a11 hw-
¢ ' fnIIp impo~sd tua ior d~e preoeding cakndar .~o delivec to tbe A~ociatlan :eodpts avldeo~cing tbe paymeot of aII lkm
' for pnblic i~ wjt~n ni~j? (90) ~j?s • afte~ the ~e sLa1l beoome dae aod p~yiabb, and ~o pay oc di~c~rge wlt6~
~ ni~ty (9p) ~dne dat0. wy aod alf gio~reinoie~l levtes tbat may be m~de an tbs ~8'~ P'~P~Y, ~&8"~
~ o~ noba or in a%? otLee way raulti~ fe~om the mo~gp iadeb~edna~ seau~ed bp t1~4 mo~ga
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