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1S. ~t anr et ~hs ww et aaena~ be~etn ~terced te bs set pe~Wt~ aad lull~ p~id M1tht~.~~:...d~r ~ct ~ tM ~
saa~e ~eil~ oaoe due wd paT~l~le. oe it ack ~ade~a~ lhe riipubt1o~a. a~re~aenh. oon~lftien~ ~nd eoreaana oi sdd prom(*
~ nots and this deed. er eQher. ate not dalr pec[
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praatwoq nots t6ea resatnins uapaW. whk f~eae~at eeerued ts th~t.tirs~s. wd dl ~one~s ~eeurd herehp. ~haU boooAS due
and pqabk fsrthrith, oc ti~ere~[ter. at the oolion et aid Mo~tp~ee. a tall~ aad eompktel~ a tt all et tbe satd mna o/ ,
~aonep rra~s e~in~lir ~ttpulatcd to 6s pald on w~eh da~. u+yt6inK tu aid ~ete or ia thM mettrass to tbs oo~traq nstwitiatand•
~ tas: wd theceapoa or thereafter. ~t the optioR el a!d Mort~sos. ~rithoqt ~etice o~ de~nand. w{t ae I..r or b+ equhr m•r b e prw~ M
.v~'• anted u ii .ll nan~r .ecneed here6~ bad m.~dred r~~o~ io {ts iestifution.
~ 16~ °Mert~ea~or ~+ill exl~lbk te Morts~es ~itten reoetPt~ st~blishM~ parRanc oE aar wue. reae~~ed ~e De patd uadar aar
aperkr arort~tass o~ ether 1kn oblisatioo, ne 1Rtar thaw ~he (S) da7s P*ioe ts tbe tia~e ebat ~etelen~ba ot meh mpecbr mortp6e
or ika ooald 6s deelared [er aa~•pa~ant tberea~• ~
I7. The ab~tract et dUe oo+edss dis a~eau~ba~ed pepetty s6~ll bel~ ts and tca~is la tbe Pos~erioa ~i ths Mo~tasee
duc~ tl~s lzen ot t6is Mortpse.
le. ?l~t lt M t6e intent heroet to ~eesrs pa~t d~aW wwe ud obll~atloa vrheti~ ebs endce u~eaa~ ~ha11 1u~re been -
~ ad.~noed to ths Masx~ at the date he~eo~ or at a t~tar date. aed to ~scare aar otber u~amt er ~meueu th~t enay bs udded
t~.' M the a~ortpse b~deMeduw nader 1bs tar~s ot this in~ve~en~ 11~s total amaast ot indebeedaaN ~oereed baceb~? map da
erease -oe ln~crewe ira~s time to tLsa bnt th~ tetd uepald balsnee eo ~eeaced ~t w~ ons t6as ~aU not e~coeed tbs P~Pa1
, am ot'i 100~ Q00__00 t , pl~ ~~t ~~eo~ ~d ~ur dt~biu+~aa auds toe t6e pa~e~ene ot wca. .
r lerta or imur~nos oa tbe propartr oorarsd br tla lieu o! thM a~e~tp~e. ~rith lAtere~t the~eoot and tl~u moetpss ~11 reeun " ;
~ ~u~ and all addittaul or tuet6ee a~oaia w6feh mqr be advaaoed bp Mortlqses to the Mort~qor aiter tks date l~eceo[. abkb ;
fntnce ~d.anoa oi mone~. II mad0. ~Il be e~ideneed M a rote er aotea e~ceeuted M~~~pl~T te the Mort6~~ ~~t ~
raob nte oi intae~t and wFtle meh ~nahdtk~ u~ull be~ enained irom Wae to eboer bat w~ and all weh frture ~dwnea
~ ~eenred~b~ t6b ~a~e ~hall be ~ude aot w~s tbas ZO ~ac~ Jter tbs dae 6eeeoL Nothia~ herota ooat~ined ~6all bs °
damed ao obl~tbn on tt~s put ~ tbs M«~.a~e +e .ar t~ aa.,,~..
19. 7bat is tl?e ereat ehs yrasi~a hareb7 ~Pt~. ~~s P~ tberao~ sbdl bs eesde~u~ed ~ad aka~ ior Pablb a~e ~
• dnder e6s pomer of emiaene dandw tbs l~osepses dull ba.e tbs rt~he a demwd tlwe dt d~m~es aMarde~ ior tbs taklns aE
r ~
os dam~sa to ~aid premises ~h~lt bs ps[d to t6e Me~tpaas. ia ~coeNOn ot wipu, up to t6e amoast t~a~ wpaW oa~ tbL .
,~~.se .~a ,~+.r be .~tzea n~ ~ D.r•~e o~ p.~e. t,~ p.r.we ~,a~oo. ~
- 2a '~s Mosts.~er .6au. .rith6? ti~s ta) d.~. feem vrittea aa~.ea b,? t6. MKtpses. exee.a fi~ ..e6 to~ .h.ll
bs reqnired br tLe Mert~ee, a~ atoppel aatt[kate wd wti~ oE deten~e~. dulp aelnwwled~ed. ~attia~ fo~t6 tLs ~soaat ei ~
t• prtaeipal ~nd ietarat nepaid l~a~edet aad the 6~~1 ~tw eE ~aid a~tpie. ~ad tl~s tailure a[ tbe Metep~ss to suke ~nd
~ , deU.er ~a1d atoppsi artitkue aad waMes oE defeasa wlt61s tbe tjms atoi~aaid ~ull oea~titnts a def~nlt aad s braeh of thL ;
ntortsass and ~hall eatitbd tLs bolda hereot to deelars dl oi t6s unpdd peiootpd ba4nee fmmedtatei7? das u?d pqa6ta
Sl. It b~ecl[kall~ a;reed thu Ume A et ela a~anoe oE thL ooner~et ~ud tlyc wo ~rakee ot sa~ obliptba 6e~eder er ~i
. et tl~s eblidatbn ~eenred 6erebq ~hall at a~r W~e tl~ereatter bs heid to be t wslKt ef tLe tec~ bee~eel or st t6e 1e~ruma?t , ; f
~eaueed baab~
~ ~Z i~ i. tiader,eood asd a~eed ehac ibe Morts.ses mas .e ur ~L.e. wt~6oa eoeks eo ae~ pae.o.. Q.ac a ~bs ]dart~.~or
j ae~ modUieatioa ot aap kiad or aunre whaaoe+~er. or allow anr dun~e ot eLan~„ wib~tieNtioA or ai.b~tftatloa~ of ~s~ oi the w. F
~ ti ~ prope~t~ daexibed in t6is mort~~o or any o~6er eollateral r?hieL msy be lidd b~r tbe Moetpses ~rltbont In ~n~ tnaanar attat- ,
ias ehe li.bAit~ of t6e Mor~~. ,u,~ endone~s oi ehe iadeb~ed~r Laebr .ecured or anr o~her pe~son fae s6s pa~eec oi s.~d ~
' Indebtedna~. tosether ~rIt6 interest and ~s~ other aums whieh ma~r be dne .nd p.y.ble eo ~6e Mona.see. .nd also .ri~6op~ in anr
mwner Jtecttns or impairins tLe !ka of t6is mort~e apon tLe meatnder oi tbe propeet! a~ otber ooUateral whk6 M not !
e6aasod or snb~titnted; aad it is aLo undentood and ~gtoed that tbe Mortgases oay at asr time, Mfehout notke to aor par~ •
~oa, release aer po~tioa of the property daeribed in thts mo~taaE,e os any ot6ee eaitateal. er ~e~ pertba ot ~r otber ool• • ~ f
- lataal ..6ieh ma~ be hetd u,ecuriq tor t1~e pa~ment oi tl~e iadebeedne.. be~eb~ ~earred. efther nith ae vrit6oot aer ~oosideta• . !
dou !or such rele~ase or relussa. r?it6oat !e wr m~aner ai[ectins tbe lLbiltqr o[. ths MortNSor. all asdorws~. U~nr. and all `
otl~ pe:sons wla ue or sheU bs 1Lble ior t6e paYmmt of said lndebtedaa~. and wictiout aifeetias. dinarbb?s or impa1rins !o - _
aar mi?saar ~r6atsoerer tbe ralid[tp aed prior~tT ot tbe lien oi thb moet6+te for t6e inQ aueoant oi t6s. Ldebeednas easainie~
nnpatd. to6etl~er r?ith a11 interat and adraaoa ~.hkh ~hall beeome p~~ble. npoe ths estirs ranaisder ~i 1be aaetµ~ed p+oP' - s
ertp r?hkh b nerelease~l. and rritlwnt [n ~nr manaer dtecties or impairiu` to aa~ e~ctni vLatso~e+er ~n~ and all other ooUatenl = :
4.. .eautcp «h~h ,nay be held br ~be Mortassee. Ic is diaincsy ander.cood .od a~eed bp U~s Mer~or .nd eLe Moe~.~s ~hac . ?
i~~ . aer nk.se er relea.a may be made b~ the Mor~.aee M;~bon~ 1be coe.eoi or ~pprord of w~ ot6et penon ot parom w)aasa-.• ~
- ~ .
~ RELEASE CLAUSE: : , j
Parcel One herein shall be released from the lien of this mortgage upon payment i
of ~20~ 000.00. ~ • -
Parcel Twoherein shall be released from the liea of this mortgage upon payment
of 30-,
Q00. 00. ' ~
Parcel Three hereia shall be released from the lien of this mortgage upon payme
of 35, 000. 00.
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IN WITNESS WHEREOF, tbe Mort~or on the dar ~nd ~ear fint ahore writta~. h~s e~ta~ted'thae Pte~H Ynder ~al;
it,. when and as a oocporatioe. M~nd throns6 ia duhr wt6oriad of(ieen. as tbe aet aad deed oi tbe oorpontion. vhas sama ~
a4Rppr• JNCi~!nder. -
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