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S. T~ae t~ trs .+a~t af ..ntt ain~ io~tieu~ea r!or«k.. eib oatsy~ tr. yrl~apt .~.p e. .~dcba a..,1 d.. aurlo~
wei fo~r+clow» wit eo tb~ coaet bs~is= 3uri~dlaio~ eMceeE for ttis appoiaweat o! • ~n ot all a~d lu tM
eE aU rsopr i~oaeer. P~ie~ bw~a aad cs~enua tsereo~ f~ wtiaeoeva ~ouroe dai~ed and t6ereu ~ ~K~ N'oP~V. and
wd a~r~ed trat tb~ oou~t taall hrtlwk! appoiat auc? ncdwr wlti tbt uwal ~ 0~ t i~ lasby ~pea~ oo~eaaated
~point~t~ 1 bs assds~by cde oou~t aso~ eo t~ w~h ~ t°wns ~sd dwia oE nod.as io lib a~a; sod uid ap-
ri~t a t1s ~nd vrit?out nhrenot ~s t?e ~u~f ~r ioadeqw~r e~ ebs
ido~s~ berebP~iped~ w~a ~i~6t w oDje~et
ts t
i~i r~ ot or sa;~? atbtsparq dsfeodtot w wcb iuta Tbt
~PP«~ shai~ be made a~ an admieoed ui ~nd a a wtur of
~naoE a ~es a~ atoraaid aed 6ereb~ esprwl~ oo~uend t6u wcb
e o t
i
a e o t
b e M
o
r
c~
a
a~ o r; p V ~i~bt a tbs M
o e e
p
p t aod tbat tbt wae a~ t
y bt doae wltlww
f. T6ac it a~ Proeeedins. ,buld be io.eieucea ,~siat cbe wnP•~4 oo.erod br ~W. awr~s upooaq~ otbee Uen or dalm w~ettier
wperior or juaior w tb~ lim of t6i~ the M~o~a~a ~ a ia opdon isimediateb upoo ioaitutioa oE wt6 suit or durius tM pesd.
~ t6cnoE datsce tlSs raoct~ap aod tM ebtedaest ~eeured iursb~ dus aod pqaDM fart?wIt~ aed mt,r u!tf optioo prooeed w~srecio~s
7. To pyr aU sod dosulu tM oo~a1 ~r aP~+ ~~~+7 ~~d~oi ~M oat of an ab~traa ot dtk to ~sW laad~ ~
found to ee coa~eoimt or eipediau la aoooeetia4 wit~ a~ sutt fot tb~ focalown of tU~ ~iad aia iotiudtn~ wAetties tl~e 1bat~asa
ir oblitated oo w~aa~e or noy ta~onabk setorat~'~ fta ineurred or expended ~t W tI~ 7 Mc~a~e~ bec~u~t o~ t6e lsilurs of ths
Mo~a~oc a~nfor , oao~ly Mic~ sod aWde b~ alt os~aq~ of t6e eo.enana, eoadieioa. .nd .dpulacioas e~ aid wo~oiwor~ ooc~ oc e~is
oo~t~ate, fn t fonr{odure of t6is mo~a~e sod ie oolkctin~ ths amouot ~eeur~cd I~aebj? wh? or wlt~out Iep1 ~nd ~o reim-
bu~se tre tar e?e~r pa~m~t aade o~ iocnr~d for a~ we~ p nd
a~ Pa a~~) PK wuam~ wei payaKOq aod obliptioo~ wit6 i~~ tbereeo ~ atoctsdd, ~6att bi~ieenoed b~~ ~ ~
t. 1i~ trs bdidt~ o~ buildiop aow or Lerafte~ oa s~td laod itwred loN or dam+~'~ b~? Sr~ esteadsd co~eraje aod
other Pe~?lrr inel~ wu rbt iwuranee ~f ardlabl~ in a sum oot {as than thdr fafl iasnrable ~alne at ~ cat sud era e
~ ia a oompan~ ~ oaspania app~ro~e~- bs tse- aP~ ot ttie Mort-
iwur~oce ~6a11 hs~e afRud tl~eaeo a che poltep or polida to be bdd bi tb~ ~~~od s~eh polie~ or potkia oE
sandard New Yort M Clau.q makias all b.. or lo~a uodee ~or polzdes pa~sbk a
tbe Mort~a~ce a ia iaterat mar aPPear. aad eo deli~ee saidl
p~k~? or polkta to t6e wben iswed w
tf
! t~e rcedpa for tbepa~-
meat ot tbe premiwa c6erefor; and In t6e e~reat aa~ a~a of e~ bceomap~rabk uoderb~
s~Putie7 or Pofkier. t6e Morcp~ee a~s!! I~are
; t4e opt~ eo recdn wd applp the .swe on aooo~nt of t6e tc~dleb~tednaw sceuced- 6ereby or w permie cbe
F p~rt t6enaf~ for ot?cr parpoeeti writbut tbereb wairint or Impal to racive and we iy or ta7
r ~s •an ~9W4. 4m o~ noda or br ~rtue of t6is aad
tbe Mo~qa~ee if fc daa~s aeoaaar~ a~az pl~aoe aod Pq foe wr:6 fm oe aay P,srt tber~o wit6out losiu` wairins or af~~~lOet-
u
p~ce'so~ ta toralae ior bresc` of t6i~ oonrenaat. or anp P~ i~~ or any n~ or undee thi~ awnsate. aod s~rer~ suc1~ Wy-
ment ~6a11 bear incerat trom due t6ercof oatii psid u t6e rue oE dttit Pee ceot (t%j pa aoomy aod dl wri pqmenq witr iata~pt a~
aforaaid s6s11 be saored b ttie 4en ~eceoE. Ia tbe e~eaR w~ lois oe dama~e L wffasd Noresa~or ~6aU naif~ ot web loM or
dams~e within forty-d8at ~N) laun sfter e6e ?apreaia~ d~e~eof; tbs tailure to ai~e wei aotlce tLaq ea~nNtute a defau and the Mo~a-
~ce s6att ba~e tl~e ~ 6erein ~im~ for ap dsfaulb. ea n
~ To termiq cm~mit or ~uffer no war~e spd b ~aatntaia tbe Lap~mrea~enb at al! tima to • ~tate o~
w do orp~~ t to be dooc ~o said premi~a notLios ttiat will aher or eLao~e tiie we and character of taid ~~r sod oooditios; aad
weaten t6e aawi of said mort~a~r. Iu ase of tbs rc W'oP~7 or in aop wq Impsir er
4 fwat, ae~i~ er inaWtt4 a~ t4e Mo~or os rep~r aod maiutain uid prupertp. tDs
b
t~l
m 6~ereof aod ~ st the
~ oE came d~e same to be mads and advanoe moda ia dut beWlf wbie? ~ww sLalt be secuecd
~ Pa ~ pes annua. ~
10. To deli~er the abtnet os a~eraas a~ dtk aovaia~ tLemore~ased p~opert~r ib d~d a~eut, v?Lic6 s6aii at
di dma. durias the Gk of t6is ooct~a~ rmsaio b tis poww~oa a[ t~e Mor~asee aod in ereat of tbe to~eelowre oE d~is mo~e or o~hu
eramfer of atlq ail ritLti 8tk and ta~erpt ot t?e Moetsa~or jn wd to anr sue6 ab~tnet o~ abt~b o~ titk ~Y~II psM ts ~he purebaur ~
~antea
lL Z1at as wai~es ofan~r oo~aosot ~e[da oc i~ e~e obliiat~e ~ecursd bereb~ ~i~p at aq tioos ie~fue b~ feld In be a watra d
asy of tLs otber cerms bereot oc of t6e aoes ~eeu~ed Meb~.
lt Tbst ia ordes a~ooderue d~e mator~t~ et tLe ladebadoa~ ~eteb~ ~etur~d beeswe ot dee failote ot t4 Mo~ te
~ asKameat. liabiG4. ebNptioo e~ encumbcaoee npo~ s~id prope~t~ a~ ~ad~ p~osid~d. tt ~ali aot be ~eeewry aoe req~ddte tia~~~
,h.it Rnt p.r t6e uo~
17. 3'6at it t6e s1uU ~dl, ae~leet ot rsf~e for a perkd of t~i~? (~p) d~7~ ~11 aod P~P~4 ~ l~l~ ~ smoueit~ ra -
qntred to 6s paid by tbe
~wa~reby seennd or t6e i~terat t~ecefo ~peei8ed or say of t6e w~ ~mone~ ~erda refemd ee or be~b~~
cn~ed. or ot~erwbe dn17. ~b' ~ P~~7 ~ e~eau? aio witi sad aWdeb~ adS s~eq or aa~ af !~e c+~~maoq~ oodj
or ~tipoladoos of tWs so~y ttie Droa~o*r aoce~7 .eeqred ~or ere coouroedoa bu asreao~t~ if aor. t~a. a.d ia dera o~ la
any of wd e~eon, wttbont caiae or demaod, ttic said wm mentioaea ia sai~ Pe~omiso~7 noce. las pr~io~s pa~meaa, if wy~ aad
aa~ and alt sums mmtiaoed iKrsin or ienered ~esebras~all~becaoe dne and pa~able fortLwlt? K cLereaftu at ~ uia~t optios~
lrloctp~ee a~ full~ and aompktet~ a~ t~ taid a~epte ~uaos wete orisiwll~ s8p~ eo be paid at aK6 is said
note oe 6ereio ~o t6e ooocrary ~od [~e Mortp~ce s~ap be aoo~tled ~tbaenpon as eLasafar~ont no~ce er de~and to to-
stitwe wit u law or iacqmt~ to eaforee tbe n of tbe Moetg~ace 6eceonder or ~mdes said
er breac6 m t6e ps~t of tLe 1~ ~or ander sdd P~? mte. Ia tl~e r~ent of sa~r defanh
W~nent of all a~u ~eenrtd ~°O~ shatl 6m tie oootinnias optioa bo enf~oe
aad oae ~ctim or wdt sball ~ oe ~bar ~o or w~
~ ttie~ m foeedae tbL marep~ at6er or botM, oooeurreotl~ or athuwi~
p~ee s6aU 6aoe only aoe W~a~t aod ~facdoo of said fodebtedoa~.~s~s ri~Yt b ia~dtute o~ maint~ia e6e otber. p~orided aid Mort-
14. 1~u io t6e e~ent tbaR Moet~a sbatl (i? coount to t4 sppoiae~t ef a reodnr. aroitee or liq~eida~o~ of aU or s aubtantiat
part O~ ~O[~DO~~ i~l~/y K(Z) bR i biOktopt O~ ~~lYt~ Ot ~t t~ pl~tiOiD ~ baYktnpetr. O[ ~t tY M[it~Oj ~b
IeabiGq ts pap ib debts as t~ beoaee ~oq or (3) mate a~merd a~t for tie be~oc~ of erediton, or (4) Sle s peeitioo or snawa
see~i reo~o~=+tioe or arraosemeat whb tnditas, or to takc ad~sntaje of aoy ia~ol~ta~ taw, or (S) Sk ~s aoswer adm~ttio: tLe ma-
arisl d of a paition fikd a~mt tbe Moecp~or in any bwkruPO~7r. reor~aoisation K iaohenc~ P~ooeediuu` or action s6a11 be
uEen b~~M~sa~or !o~ t6e purpwe eE effaYin~ aa~ of tie fors~oen` or (7) any a:der. jed~eat or dceree ~11 be a~teeed npon ao
application of a creditor or Mort~agor br a aonrt of competmt juc»dietion appro~~ a pedtio0 seei~nt appoiotment o~ a rad~a or tn~tee
oE dl or a wbstaatid put of t6e Moct~a~i aneu and soeb ocder. judg~seat er dara s6aU ooatInne wua aod tn effeet for sn~ peciod oE
~htr4 (~o) coa.aua.e da~, ~be Morr~ee ma~ d~eclare ~6e aae hereby saured ~Onbwi~ doe and p.yab~w6ereopoo ~6e nriactpsl o~ and
tbe intcrat aocrued ou the aote and alt aher sumn 6ereb~ secured shsu beoomt toctLwit6 dae and papabk ss if alt of t6e sdd s~ of too~e~
w
were oripnail scipWated ~o be paid on wc6 dar; aad tbere~pon the Monpset witbout notks or demand mar pro~eevte a snit u ta~? ~ad/or
in cquit~r ss i all mooia ~ecuced Lereb~ 6ad mstmtd pr{or to ip i~tutioo,
. ]S. That tbe Mort~a~ec or an7 Penon autl~ork~d b~ tre Mactp~ee shsp l~a~e tre ri~t b entc~ upon aad in~peet tUe mKtis~ed
pren~a u dl reaooabk dmea.
16. T6at an~ amo or wm~ whk6 roal be ioaned or ad~aead b~ tbe Morts~ee ~o tie yfort~os u aq~ time witNn te~ (20) yan
from tbe date of t6b indeatnr~, ~ wIt6 Interait tLereon at tre rate ajreed apon st ttie ttme of arci lo~a or ad~aaoe~ ~all be ~qwly ~r
eond wit6 and ran c6e ame priaitp as tbe orisinal ~debt~dna~ aad bt snbjeoR ~o sll the term~ and p~biom of e6fs m~t~e: Peo~?~ded,
t6st t6e s~repte amount oI prinelpal oae~tsadias u ao~ time ~bsl1 aot eset+ed eqwl ta oae bnndrsd and ~fq per oeat (1S0%) ef
t6e priaeipal amouot oripnaly ~ecored tierebjr.
17. T6ay if reqoirod M~ tbe aW M~os wiU !q aiwo trs l~oetp~eq e~ t~s Snc ds~ ot esci and ereryr ooa~aa~i~s
n
mootb, a wm wl ~o anNtwditti o~ anand amooot neoanrf ~s !a7 sU taia aod a~aw~se~ ap{rt tis atd mort~a~ed pm~a~, pid
mootrl~ ~ to atimatal ~olelr b~ l~ort~ee aod alailated b be ao aso~nt aot ler t6u t4 toou~t of ta~ arereda~~ ~dd mort-
~ ~ ~ of~twe~ u~ ~aoeraMeo~. ~ ~ ~0 ~ ~il inwcua predmr in ~eao~s and foe' ar ~ided
. I~. T6at i~ e~e e~eat tre iw~ wrid~ t~ba~t~ r ~iv~ cs ~eau~e i~ ~t~
~~e~ ~~9
~
d's`~ t6e oeeKe~aiM
~ ~f ~ew buildiop ot ebe ooa~roaion et iapeove~eaq ~od/er ~ddidoas w rsb8e~ .
eiPre~l7 +~ces m depo~it wid~ tl~e Moetp~ee or ta dai~wecd a~ot u ma~t of seoe~ eqna! M tif oa ~
aet
p~
oa
of de loa. asd tL. socal aso~oy a~ daaAi.ed r~ M~b ~ q~ ao.~tr~eei.~ h aoarda.a whti e~e jla..
md speeifiatiom re~oto~e spbmlaea h t~e I~t~pr aed a bl? tie L{o~tp~; 6sid oo~st oE s~ne~ i~aU 6s plaoea bp tie
Ho~e ia a"[.oam io P~oc+en Aooowt" ia e4 oase o! d~e . iued tit ao~ a~U bs wed bj tL~ Lfortsa~es t~s pnr t~e cow~
e~arW a~d 'acPeaw inenrced jn conoeetiao wic~ ~aid ~oorer~ p~io~ M~A~if t~b loaq~. It i~ fart~et a~ried t~at i~ tie e~e~t
~aid oomtrueKoo is oot faty canpkced a~ or bdas e~s daa ~ated L t~t Lo~A~e~ or ia t~s ere~t erat eLe wsrk e~
~3d o~omrnKtioo ~ap aae before full cuoPleeioa ted we6 aas~rio~ al~all ooaeisn~ foe s peiiod ~ eea (10) o~ if wb~a~adsl ooadaooir
p~osras ~baq pot be vade in suc~ oo~scrua~oe„ t?e~ ~d io aap wc~ eveat tM ntd ~r~e w4. P~i~iPa~~ ~ a~enttoeed t~ said
~mt~o~ aoeq and at! mooia ~eeue~d iereb7. ~bal1 b~cawe due aod p~abk le~wit~ at lhreafea at ere optlo~ eE aW 1~lo~ee~ ae~ L
eade ia wd~weL as~atio~ of work n said ooo~truaion for a~eriad et ~n (10) ~sp, K Lf w~w~tid aainYOw ~np+a~ ia net 6s
ooaarneooa. as a6~resai~the Moct~ee aur ~t ib ~
stroetfoo L suc` maana r k deew adraabk wt LoaR an? i~terfee~ feaa t?e Moe~p~: eM i~~[
~ R~~i
M trs 1~lo~tp~a fnlt power ~ad su[?orit~ q make sncb eotr~ i~s a~ oPo~ ai~ s~ed M eaq~ IoN soe~ ao~esaee~ er aF
nu~ a~ ~os~ be neoeaar~ w oompleee ~a1d ooaetwdioar asd ~s espeod aq ~soaia n~~d~aid "I~ ir PnceM Aoewiet' ~ad
i~ sddItka ~o~ aras of moae~ aee~arf to oomPkte s~W aowtroeaoo; and ae~ aal ~11 modp a~adea bf t~e y~rt~ i~ cMOeetioa ,
: witD soe~ e~ompktjoo of aowtr~xion ia esoe~ of tM moaia ia said "L.os~ t~ P~ooew Aooount" iap bs ~ddea ~s dit tdd Kledird d~6t aea
. ~iall dnw jnterat a ttie tue ~ro~ided In said peo~oiwor~ ~ aod ~hall be ~eorea d~ etiis ~t~e, a~d daU bt ~rable b~ tM yeet~or
o~ dcma~Q.
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