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aR a/ liMSpe~oe~6~~ rrd q~i~d~ to wieer vpo~, Loid~ ~ud aajo~? ~ud 1~nd; d~rt add
tdt w~i arti-s~ t~er awsroN is pariot~~ tlds to a~id Led ia di
reqairs~ aid~~~ d~ ~eb~r biy ~t t~ W~ ~s Lnd and w~t delead d~
~ ~
1'ROVIDSD ALWAY8 dMt ~ tbe ~~e1 a~d trnip P~y no~ the A~t
~ y? ~ ~~..+~r ,~a~ ~ e.~. a.a. t~? a~ ~«e~.aa ~.r~
EIGHT THO_~SAND FIVE HUND~iED A ID~J01100
wl~ic6 .aez ~~th ia~ee~t t~s~eoa u thee~in ~e~e~d, is p.ya6k in monthla? ia~u
~
S~LTY ffiGHT AI~D N+O/100 _
' o. alaj? of e.dh mo.Rb com~aeodn~
aie !o bs s~d, B~~R to isese~ asd d~ beLaoa w p~iadpal, nn~ s~id ioc{ebEednea i~ pa
' wit~ a~d bq erah ard a~ra~~ t~e a~eemenb, aood~tion~ aad ooMeoaat
~ mo~ And, i~d~o3ie~ arq adranoes a~tLs A~~oci~tfan ~o t6s l~et~~~s, ar d~d
aR ag tl~e b~io~e ttie ~icrse a~d cmoeiistioa af tl~ ssoet~a~ bnt at no tioae s~l d~b ~
~ ` a~f s~id a~i~l aa~bs bo~ytier wkL ~cL ad~ition~l advances iu a wm in a~ooe~s o~'~
;
" e ~ ~i~Y AL~L 1~~//~W ~~~~~~~~w~~~~ ~ {700~ {
; ~O ~OOOd l~IQ iOCJUl~r i~ CO~tty t~R t~i d00d ~ t110 C~b~O ~I C~'~t~ i~Yn CO~~ Af1
' AND 18S ~[OR1~GAt~OBS DO bee~ebp arr~nR aua aarea:
i
; ~~_l. li~ p~ t6s gio~at~ iooe~t s~m~e af m°°°rcomen
: ~ pro~tl~ dre ps ie~pectlv~ly se~all~?
} 4. To pa~ al! ~sd ~is~oLr tbe ta~eR ~ le~ries. ~
ob~tloas~
io
now as iacr~bed ar tht h~f~ar a~a bs pLoed
' aq be e~vied ar ~np
~ d~is MaR~a~e, ar ~ i~k~ sec~ed bereby. aicL ~
i a~oooRlio~ !o hw. beio~s t6cp beoome delwque+~ and befara agr inba~a~t attaclias or any
~ aey t~eof is af ~oo~d t~e same ~ be pom~ti~? ~ied and dischsrged af reoo~+d and
; a~ far ie~aca tbe tu z+eoeiip~t ar tbe ~i~on p~er o~c~aIlp ealocaed ar oertiEied) sl
i Aa~oci~Rion as ~fa~t~es w~tbaa tea daps nezt aPoa payma~t; and in tbe eMa?! d~at sny d?ec+aof
; said ~ mh? at any taoe pay the saa~e o~ airy pait tLe~+eof vvitbont rraivlog or sUed
; under ac bp v~me af dis o~g~, and t6e fi~H aaoo~ek af eacL and eve~y such paycnent s1r
j aod sbf~ b!a[ io~ca+est fivae~~tbe- ~ibe thaeof not~ pdd at tb0 nEe sta~ed hl tbe nOte sxtu~ed
~ aR s1~16e seoai~ad bq tLe L'ea cf t~is l~o~tgag~e
~ 3. To loeep tbe build~ and aH eqn~pma~t and~ proparty now o~ l~real
i ~'s~+ed ie a su~ eqml tu at Ieast t6s a~o~ouwt the ur an ama~nt su
~ a~oe~req'id~eoeioR co~si~ tbe s~ss ioder the Lvrs af tLe Stase oE oo~g bas fi
t ]a~aa ~der sai~l poic~e; e~chsn~~ ev~aX papade ~u tbe As~odatioo, as n~atgpgeq-as its int
? s~H be i a~ood aod rapooa~ble inwranoe ooo~onr sa~fsceocp tio said Asaodatioo. aad
; b~ s~id As~oci~tion; and~tLe poiicy or polici~ec s~beai a~ud moctg,~e cLt
i ~ As~o~d~
ad°°~ ~~n tbe ~.m7! smn 9f m°nc~' b~OO~aes Ya6b mider such P
aa
opban reoeav~ appi~? same an aocount of tb~ od~ss be.~ebY ~acu
~ reaiMe aod n~e ~ a aco~r pa~t dkseo~ ~or otha pumose~ ~witLo~ tha+eby wa~vfng ar ~n
; ~e o~~~ mo~t~ ~"~l? P~ ~ P~r toc snch t~san~e~ a~.nr p~t c~e
{ aption ~o [a~eclos~ ar any ri~t and t~e fnII amoont of each and every wch pa
; prryable aad shaH bat intarst fran the date tlia~eof mtil paid at the rate stated in tt~e noi
! suc6 ~ sh~ be sec~red b~r the Iiea af ~is l~atga8~e-
, : . .
~ 4. Top~ oom~ ar mHer no wasbe, impannmeot oc dderioration'of said ~p~o~
I iimo~edi~ta ~r~t' of~ tbe °q s:id p~vpaty in good ooadkion of re~
' t~ ~w~6 ~aid damaed~ As~ociation for a~~~ af die debt socvn
Paiod Thicty (80j days,~aII oa
i a~dy`ac opKa~ aE tLe /1~oci~tion, immediabdp matune c6e e.acme amo~t af princlp.t ,
~ ~ ~a~? ~a ..~c ~.r ~ ~a~ ro r«~ r~~,~
i ~ . ~ ~asa.
; x rtis mat~e aootr~t p~u~?;aes f~ .aa;~iamt ad~arras ,~h m.y be m.ae
~ seca~~ed b~ iM~ aat~~ aod it is apeed t~t in tbe eveot of mch advanoes tbe ~mo~u~
~ aad sh~l! inrlea~ t6e mp~id h~Lnoe oE t~e nobe ba~ebp seoa~ed bp tbe amouot af ineh
! sote ~ node~r aB tLe ~ af said nobe and thk oanda~d a fidlp as # a new ~
~ and de~iv~~ed. An ad~itioml adv~ooe s~~eea~t cnay be ~en sac~ aooepted for s~ sd
d~t mo~otblp p~y~cats aad a d~aeoR i~aw+t :ate and otha~ modi~catioo~ af
; tLis caatea~t ~ ra~i ia Eu~D 6aoe aad efbsd as tu s~ indebb~ ~g ali ad
, A? ff ay af t~s snss a~f ea¦a~ La~in e~e[eerad tu bs aot P~P~ ~~Y P~
; "tLe sa~e sarasejr oors doe aod p~rabiR ar ff a~ch ~md ava~r tbs
' p~o~isae~ aoie ad tL~s dee~l, ~e aitLer, aa~+s aot dd1 P~ °p~~~ ~
i~aid p~a~o~~ note aod otber a~o~t ar aawmb ~dded ~a tbe matB,~ags inde6te~
_ ~ a~l beoo~s dre a~d pay,ble~ a~ ~Ibe~ at ths aptbn of tbs A~oedtloa~ as fi
~ s~'°~ was °~1 ~t1puL~ed to bs pid aw soch dry, ~ ia s~id pcomissa
~
i T: ?o deYner b ttie As+oai~a., ae ar bebo~s l~ard? ISt6~ af a~ch year. hz noei~
: [J~~ared fam for i~e peoedii~ nlendac . 1o deliNar ta tbe Aaoe~tbn ~pb
_ ; wlt~is aiaety (90) ~a~bec' tLs ~ase d~aY beooa~e ~e aad ~
~i~ety ~90) s~ iie a~d aY bec
d~q aa~? ~oMa~aadJ levks tLst mahr be m~ck aa tLa
or saq ar i a~ o11~e~ rrnr eesaitiea i~w tbe ~ bdebbe~s secared b~? d~s mor
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