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~~rtp~. L~v~~t t~eecbwre d t6b s~etp~e K~t~ trwd~r ~t ~e4 t~ tV Metp~ ~t~ ir e:ti~ ~
wewn~ Mra?~, all et~t, tide .ad i.tere~t ~t the A1«~t u+rd t• iwnaeo ~eier ~'b°est ~t tLe i~isL~- ~ t
R~e i~tK W M~ ihe~ iw t~roe ~hatl p~n t~ t`e ~
(!~1 T~ ~tl~t~a, e~l17 rvilr ar~ diie Me~ u~ ~wrr tbe Miwlrtiw, ap~es~wer[~ cw~itiw Nd t~ve~r i~ said ~rs_iwry I
n~te ad i~ tW i~ ~ee f~M.
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( i)'l~rt if aq ~t Mi~ ~~r d~o~we~ rerei~ rden+ei t~ ?e wd ~r+wpt a~d irll
a(ter t~e Mrr~ M~llr bee~~w dra aw~ prabk, ~t it Me1? a~ era~f ~~ipwlanw~.
~~p~se~re~Ms, cirditisr ud t~vs~by~ trid i
pe~ir~7 ~s ad tW ~d, ~r eitl~er. are Mt trl! Mr~w~ed. ewr~li~d w~iti ~i rbi~l br. tie Mi~ a~pep~e sastirwed 'u
~id ~eweLrre~ ~Me srall b~ca~e dre ara Mra?le ~iet6ait~ ~t the~f~x at the optie~ t4 Mort~~ee a~ (rll~ wd e~mpletel~ r
if 1Le wi~ ~~pepM wr Mid ~i~~ Nte wr Kiprltr ~ti~INei t~ be v~id M wc` d~Y, ~a7duw~ i~ ~a pc~l~~ ~Ne
~r herai~ b 1is ewnrr ~twit6st~wdin~„
ti )'i~+c ia .rier t. .ccble~.te dwa s.ae.ric~ .E tbe l~debte~.ew 6e~e`T secmed~ bec.o.e .t t6e (a:l~ue et t`s l[e.tp~.~ e• p.r ..y i
ts=. wewene~t~ lidiliq, ~YtptiN ~r eae~beaoee up~w wi~ ~e~spert~. ae 6en+i~ provide~ it ~6a11 ust be 0ee,ew~ K req~i~ite tlyt ;
ehe m~rtsa~ee d~ll 6nt prr tbe woe.
2. The Mort~ee inay, at hir optiao, ~utd ~vit~w~ut waiv~' l~is risht w acoelerste tLe ,iadtsbtedneM hetreby
~ocured and to fonecla~e ilra sama, pay either before or after deliaq~c~ aa or all o[ tho~a ocrtain abiiaatiom
reqoire~ by the termr hereof to be paid by t6e Mort~a ot far the protcction of ~ mortaaae security or fnr the oollea
tion of tire indebtednar hereb~ +~ecun~d. All w~ w a~a~ced or psid by the Moct{~ague ahall bc charae+d intn the
mortaaae a~count and beooa~e an inte~l part thereof, wbject in all respecta to tbe tenus, conditiom, and coreaants ~
of the afore~aid pmauewry n~tc, and this mor'.~a~s, a~ fnlly xnd to tbe ~ame a~tent as thou~i? • part of the ori~inal ~
indebtedneM e~~denced by said note and secu ~nd by thi~ mort6a~e, e~ocptina however, that said sums shall be repud g
the Mortaa~ae forthwith upon ita deniana and be in additian to the re~ular monthly inst~tlLaeasts prnvidt~ by the 1!
tnortg~ge note. ~ i
3. T1wt the abetract or abstraeL of tide ooverina tbe mort6a~ed propcrty slull at all times, dnrina tbe lile of
this mortga e, reenain io powarsion of the Mnrt6a~ee and in event of thc Eoreclosurc of this morlgo~e or ot6er trat~sfer ~
of title to t~ mortgased pro~crty in extin~ui~hment of tLe indebtednese secured 6ereby, all right, title and intereat
of the l~~ort6a6or in and to any s~.ch abstracb of titie ahall pas~ to tbe p~~rchaeer or ~antee. ; i
e
4. Ta tLe extent of the indebtednee~ d' tbt M r to the Mortaa6te dercribed herain or secured hereby, ~ j
tl~e 1livzt~aaee ii ~reb~ subro~ated to the lien or liens an to the ri6hte ot the o~vnere ~end holders thereot of es~cla
and every mort~a~e, tien or o t h
er incumbraace on the lsnd dexribed hereia which ie paid and/or satie6ed, in whole
or iu part, out af the pe~a~ceed~ of t6e laan de~cribed hee~ein ur securcd hereby, and the respectivc lieas af said mort- i`
~xg~s, liens ar othea incu~r?branea, shall be aad tLe same and each of thera henb~- u preserved and ehall pae~ to aad
be ~tld by the Mort~s~ee r.eetin as security for dre indebtednes~ to the ~liortgagee herein described or he r
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by secured, ~ ~
. to ihe same e:tent that it M-ould lutve beca pn+~erved and would have l~een pawed to aud bcen held by the Mort~aaee
~ had it betn duly and re~ul~rly assi~ed, trans[errcd, set over, aud delivered uuto the biortgaaee by eeparate deai of ~ I
aRai~inent, notwithstandin6 t6e fact that the same raay be satiefied and cancelled of record, it bei~ag the intention of the ~ -
parties hereto that the ean~e will be satia&ed and cancelled of record by tht holdera thereo[ at or about the ti~e of ' i
the rrcordin~ of this mort~a6e.
5. Lt the efent the ownerahip of the mort6aged ~remises, or sny- p~e~t tliercot, bccamea ve~ted in a pereon oiher
than ttie Mortga~or, the '_liortgagee may, withont notice to tht Mart6a~or, deai with auch aucceaeor or eucceaeore in E
intere.xt with reftrenoe to thie deed and the debt hereby eecurc~d, in thr same mauner ae with the Mortgagor without ~
in any war vitiatina or diecharging t~e Mort~a6or •}iability hereunder or upon the debt hereby aecured. No ealc of ~ ~
tl~e premiee~ }ntreby ntort aged and no forbearance on the part af the '_V[ortgagtx, and no extenaion of the time for the ~ j
payment af the debt hcr~t~~• eecurtd given by tht Mort~ag~ee shall opcratc to rrticaar, dixl~ar~t, modify, ch~nge or al~ect
the original tiability ot the 1~oR~a~or herein either in w~hok or in Part.
fi. The lien of this dced eecurea and ahsll continue to stcure payment of eaed indebtednesa or indebtedneee, ~
howe~~er evidenced, whether by wid prnmiaeory note or any renewal or exteneion thertof ar eubatitute therr.for. ar
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utl~rwix, unLil all euch in~cbted~ shall kave bee llF pai
In the ec~e>it the mnrt~ngors sell, cn~r7~ey or traii~~e?~~ ih~f~~~i~~~~~ti~~fc~4~i~~7tgn~~e,
ti~en this mort~nge shall, at tfee optron of the Alortgng~~f~?:p~c~~~~ii~t~~tt~g~~~,~q~t~ fttll sum of ~
r-•• i~
llie prirrcipal bnlnnce a~td i~tte?~est thers due. ~ly„3g~$6 t~,
8. The terme "Mortgagor" and "Mort~a6ee" w~eneve~~"'"' ' n i~
m's~rumwen~[ s1r9~nclif~Te 4ri~iet~~ ~ rsonal p
reprer~entatives, aucoeseora and seei~ne of' the reepeetiv~~Xrt ~ME/~1~! Mt~r~?#}~/r ~aclude k~
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the plural and the plural the eia~gular, a~d the uee of ~4~~c~~~1~~t~~f~~~~; ~o~9a~~
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Signed eesle 3-e . n the preeence af: ~~+~Gt ~"J.i`' c ~ ~.~r~~,' c J. . _ _ (SEwi.) 9 ~
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_ _ SEAL~
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STATE OF RIDA ~
COUI~ITY OF~c
3?. L~C
Before me pef ally appeared lG1?B~IS3+ DlYIB aad J&S.SIB Dd1YIS ~ hi.s x11'e ~ -
to me well k~xown ai?d knowa to me ta be the individuals describcd in and who executed the foregoiug inetrument, aad ~
acknowledgcd beiore me that they executed the same for the purpoeee theroin expreesed. ~VITN~SS my hand and ~
o~cial aca! in the County and Stxte laet aforesAid thia 30 dy? A~ Jtt1J~ 19
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Mv ~:omniissio~ Expirte~. ~!%~~....-~.~._./Y~ t , / ~ -
Notar~ ~'ii~! , ~tat~ Q~'~.t~ - "r:
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FI QN D P,~C~P,OED - . ';J .'`G, _ _ .
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