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U~ei ~fwlt i tlr pe~Oe~O~ a~E dr oa~~w~¦ts ~d y~wwt~t eE fW tw i~ b~ ~t~Md ? ~o e~ot e1r w~rb~ 1w~ 6o~a tir p~iw M~ib~ta~ dMOe~~d, brt I~~s d~6Wt~ at ~ t~a~ of ; W~ aat~ rd di~ oEa bi ts ioaoloM tL~ ar ae6~r~ ao~tpa ~ tM w#~ ~~op~et~?. t~ ' ~ A~o~oitiw ~W Md ~rML~t soela b~ ~.eo t~ aE a 1Maiwe aE tM ywael~wi ri~'o~hi la~ed ` at fba swv. i~~ nd tl~reo~ ~ t~ awlpo~w~e af b po6 a~ aod anoir S~o~irre aq?~- aatt s~id ~p mt~ t~s tle~~ uf t1~ s~l~ dw~aof ander iuoti ~aeoio~R a~d ~ntA tbs oo~fi,m~tba of such ff ao.o~s~? ioul~d bs m~d~ bq d» aooet~a~aet vE tM pi+e¦~e~ hee~ais daodbal, ae~rp~t tbareo~ wlRhout • tbs wtltba~ aomeM cE ~ A~oclatioa, wd witLont a~aptioa in teauLr 6orm oE Iaw bp tbs ~nnbes of t6e ~tlont eo tbe A~sod~tloa a~ealed ~id promiMar aobs ~ud tb~ moet tbeq md ia d~at awr~ and at dr optlon of dis AMOCiation. ~u ~a~ ; ~nd vvNLout aocioe~ w+~me af maner secnred ba~ebp s6~D ~edi~osl~r aod oona~dp wl~ wch ooevayaeos beooms due and P~yabls and b defaul~ 1~ A~ool~tloo aosy de~l wllh w~ooewoea ia i~ wkb refeeeooe ~o t~ a4acl~a~s aod drs de6t 1 ~ ~a~?~,.~~.~~~.~«~,.~,,.,~am.r~~~am.r~ae~~~.~e~~a~ ~+eby. a ot6e~w6s aet wltLout ~oi~r~o~ ac io aap way atfectmg d~s L~b~tj? aE tbs a~aR~gas bereunde~ a upan tbs debt be~+eb~? ~eeuerd. 1bs Arod~tla~o~imap aLo de~l wlth drs Meees,a~oa ru~d/ae ~ith woowors in M~erert rvlth reiaeoos b tLb ~nd tLs dsbt bar~ b~i ta~be~rh~ to we, ~~a,d6g tbe tlms far p~~naeot cf tLs deb~ pe~c~vidto6 toe d~at ; n~~P~yaneds aod/ae a inaee~er! rata, a~nd_ by_ other espe~ea iaodt8oatloa~ of d~e contr+w:t. wlt~t ~aau~' piorih' ~ . tbe A~ociatba hn aror atber a~oetaag~ass ar llenors a~ boad~u aE ~q? j~mior ioEe~aet in tbs propeety ~ec+~red 10. Tl~et i~ !bs event tbs prenatres b~relr~? n=~tg~ge~ a~ sny tLereof~ ~11 bs coodemaed and hloen fa use ~ . ~ t6s p~w~er oE ea~ant domaja~. tLs A~odatloa a~ bav~e tbe ei~t ~ dea~nd d~?t a1t damaEa awarded fa tLe b~af ar damage~ t~o nid preo~Yes ~s11 bs paid ~ tLe Aaod~tloq ib a~~ooes~on a~ asd~na~ up t~ d~e amowt mpaid on tbb ~no~t~gs and ' nw'Y be aP~lied •uPa'n tbs Payimeet a pa~ Lut P~pabls die~eon. . ~ Zl. It it ~pedHosity agReed tMt tLns ir tbs asenos oE th~ oontnet ~nd tbat n~ Mrai~?"ar of ~ap .obl[~ion Laeaa~d~ ae aE . t6s ob~tlon a~ee+~e~ed Lee~eb~r dnIl st au~? tlms thareaE~ bs Leld to bs a walva~ oE d~s ~eeais ar af tLs lo~nm4ant sen~ed 6e~~ebjr. 1~. ~ I~ fa~+sdo~nre p~ooeedto~ aE aa~r ~ieoood ~e ar ~eoood tru~t deed or imp waior liea oE a%r ldnd ~6ouid bs iord- ; ~ r~,Anooiatloa map H 1b optlon~ imnaediately ~ decl~ne tLis ~noet~s ~ tbe iodabt~e~ securod ~ae~ebp dus ~ 19. To !bs a~stent oE tbs indeb~ec~ne~s af d~s to tbs As~ochtioa de~a~bed l~ereb a sea~red Le~eby, tbs As~o- ~ ~ ~a ~ ~ u~ ~ u~ .na'~~~°"~w ~ a~e ~ .sa mia~ a~ ~ ~u .oa m«y~.~„ ~,a«~~~ab~aae.Rroea~~dp.~a.aaca) ~,~~a~,~~~p~ ~ af tbs lo~a ab.aibea ~e~n «.sa~sa bee~b~?, .na e~e ~,+~a l~. af ,.i~ a~a~-lieos a al~ eno~noo~ ~s°°°°a, to aad bs bdd bp dis As~oc~t~tion haeid as fa t6s iodebtedoe~t ~o t6s A~oehtloa Leedn daer~ed a Lereb~? se~ tLe iaa4e aste~t d~t it ~ra~W Lav~s been pe~~ aad ~aild ~vs bee~ paesed to aad bses 6ei~db~? eis A~od~don 2Nd it beea duly aad re~udrl~r as~ped. traa~ened. set o~ar wd deitv~ei~ed m~to tbs Aa~ociation b~? aep~este desd of iuq~ema~ notwid~nd- i~g dre 6~ct tLat tbe aate m~y be aetl~ied a~d aooelled af ze~oe~l, yt bain~ ths i~oeatlon 4f tbe p~~tia bee~ t6~t tLs sams w0 . . be ~t6$sd and aeoslled ef reoa+d by tbs boielees tLeeeof ~t ar about dis tlms af tbs reoo~toa ef t~s mo~t~s. ~ p.r .oa ~ ~ ~s~ ~ ~ ~ ~a a p.~a .c . eions i~? t~s A~od.tfa,, bec.we oE the fi~+s of a~e 1~«~g~rs ~o perk.m, oo~j? .vl~ .oa.~abia.~ry? e~d, .oa a~r~a~?.,t~a- tioo~, a~neanenb, aaodition~ ~nd aoreatab of s~id p~omiaoq? aote nnd tl~ deed, er e&bar, aad eMeey snch payment s6all bar , io~a+e~t bam date at tLe ra~s dated ia t6e note ~ecu~+ed bee~eby. - 15. 17ut Le vd11 ~ coaimit~ a su~er ao wu~ impaina~eat, ar deteeiontion af aid p~perty a any part theeeof; . .na~a~~c~ab ~ab~«t~m~~~~~.~a~~.4a~~~«~a~,.~a~~.e., . a~ imp~a~a~w d?e~eoa ia guo~a e~epatr, A~od.tion may msice .na p.r s~repaies a~ m i!. ab~e~on it m.y aeem fo~ tbs p~operp~e~eev d~a+eof, aud tbe fuH anoount of ach paymanb shaH~e secae+ed1~r tbs Iieu of tbi~ mo~tg~aga ~at d~e aptlon a~t3~s ~Anodatton bs ~m~oedisbedy due ~?d payabiq oe paya6ie ia mc~ mor~6ly to~aenb as the Asioct~ tio~ mh' d~e~mio0. a~d e~ey wch paym~t s6~i1 bea~r i~eit 5+oa~ daes st t~e:aee rtsEed in tbe noEe se~+med 1~aieb~. le. lbat i~ d~ A~odstloa and tbs Ma~tgagas a~ces, da M ~oes wID c~eey s poliay a pdiciet af imueaaoe npon - ebetr Iiwrs ~ aa a~s~mt eqml boo~ tLne ~o t~me tio tbs amau~t of iodea 1~~dnea l~erebp sec~~+ed. am~dag s~id As~oclation. benafi- . ~ t ~ ar~and tl~t tbe a~id A~odntioo maypay tbe pe~emiua~s foc mcL io~anee (in d~s e~reot d~s 11[~octg~gaa do notj. b noe payment to tbs baLnoe af tbs lo~q as af d~e 8nt day af tbs t~ea auea?t montb, aad ~ sh~l becoane .aaitioa.t ~deb~ .ec~,roa b~? ~•8~ p•~ ae~,ama, . 17. 17~t in tbe ev~ent tbat tMt ~ost~ge be glven t~ sease a oon~n~oa Ioaq bff~ns aa d~e patt af the Mact~sg~crs oe • tbeir aootiai.~ton to oompk~e aid bu0d~ in aoooe~dmoe witL Dom~ction Loan Aereanent. of eMea date Ls+svv~th, o~ to bu~d . ~sa ~ ~a.~ ~,a ~eae~. s~a ~ r~ ~r.e~, a~.a ~ ~ ~r. , sna, at ab optlon af e~e A~d.eioo, m~meaiace~j? ~~be ~tlre,~mc of ps~c~a.na ~oa~c t~areb~?,e~~ea.aa tLe As~o- ' ~d~tjon m~y immediatalp ia~d~oe pooeedtog~ ~o ~fa+eclae t~ martg~ga • 18` Tbat tbe abteaet a~ abstracb af tide ow~ecbng the mottg,~ propa~tr sh~D at ~II time~ dmtns tbe 1~Es of tbb moet II ~g°`~•8~ °~s~ ~ "~a~ .~~a ~ ~ tm.mo~g~ a ~ ~ ~ m r .oa ~.nj? sud, .bdrids of t~1e sh.n pw to the pm~..a a~rantee. D°`~by' aII si~, ~de'' aoa -mbeeat of tbe lrtart~.goes in 19. T6e Aaoeiatlon ~ bavs tbs s~ in ~b dberetloo, to requies t~t tbe l~a~oes pap io~ tbs~A~od~tloa iu addi- tioa to tbe monthl~ i~nb af pdndpal aad inbece~t tio bs paid bg? d~s Mo~~o~s rmder, tbe nobe ~ecia~ed by thb maet~s. an amo~t eqml•bu ane-taro~ af tbe am~wi fi~tmeo4~ af my ta:a an tbe pe~emi~e~ 3avjed ar aae~ed ~w iwd aae~twr~ftb af dis anonal ~eeag~ p~~ :~°y'°a"~1 antborjtY. iu~ pe~ani~s fa Firs aod ~nos ao dis = ~ ~ ~ym~a ~ ,~,a e~ ~ ~ p.~ ~.n a~ ~ ' • .n~T )NITNSS3 wHBRBOF, d~e ,da Mc.tg~.gas be~+eim~bo sec dietr b~ocb .aa .e.b tbe aa~? .aa yeu ~t .bo~ro .rrttbeo. . . . . i Sl~ed. ie~led ~ad deiiv~et~ed !n tbs pe+e~e~ooe af: • - ~ ~ - . 3 ~ . . - r ~ ~ ' _ ~ ~ ~ ~ . ~r~~ ' ~ . • , ~I . • . " , . . _ - Noa~w,~ . ~BiAL) ~ , • 1~ ~46$ ' . . .