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' lLat it ehrll b• ths r~spon~iDilitT o! th~ HlB~I3 C0~-
B~~OTIOY CO~POItl?I0~ to ~ati~tT th~ ?~orox ~i ~nt rit~rr~~ to h~rs-
ia tlaat th~ taz~r and ia~urano• arr aot la d+~~anlt; PBOYID~D H01~88, ~
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~t th~ said oollat~ral •hall nat d~liv~r~d to th~ ~sid iI~IER ~
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8. W13tIltG, for a p~riod ot thirtT d~?~s n~zt aft~r gi~rin~ ths notia• " ~
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o! t~ia~atlt; th~cts glYiag ths Bl~RI3 00]~S~O~TOY OO~POB~~IOY thir'~T
da~s in xhich tc briaa all o! thr d~Ssult~d tirst sortgages into
good standina by pa?ing all dsliaqn~nt ta~~e or iasursncs.
a. Tbat it ehall De th~ rssponsibilitT o! the H~~tIS COI~-
STBUC'llOa OOBPOR~?TIOIT to pro~ide ~sid ELM3B 3. X~IHG Mi th adeqnste
~ir• aad xinda~or~ insuraacs to protect the es?id note attached hera-
to. It is agreed betx~en the psrties hereto that sacoad mortgage
indor~easnt~ on the policiss no~? hald bT the FIBST FSDBB,LI, SI~YIHGS
l~fD LOIlT 1SSOCL'i'~4~ OF F08T PI88Q$ ~ill b~ dsea,ed anificient and
eaid endorseaen~e thereto sball be lurnished to ssid Sacrox Lgent.
G. Th~,t upon the p~yaent of tha ~aid ~6,000.00 proaisaory
note e~ad iaterest a.caording to ite tersa, togsther Mith all ch~rg~~
due thereuadsr, thie Lgrreaent i+~ ta b~ aull and void snd the ~bove
naaed •sanritiea are to bs r~turaed to the HL88IS COH3T~TOTIOH C08-
POBJTIO~T, snd r8-aesigaed to it.
H. That the Bscrox lgent is not a part~ to, and is not bouad
b~ aa~ igreazent xhich a~ay be e~idenced by, or arise ont ot the
toregoing iastrwmeata other than ae~ therein aet ~~rth. ;
T2~t the Bacra~ lgent .et out hereunder 1s e depo~itor~ '
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on].,~ and is not re~ponsible or liable in any ~aaner xl~atevar ior `
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the rufifcienc~~, corrsotnese, gsauin~nesa or rralidit~ o~ s~n~ lastro~- ~
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neat deporited xith thea~, or ~'or ths tora oi ar ezecutioa of sn~h
instruueoat, ar Sor the identity, suthorit~ or righ~s ot ana gersone (
ezecuting or depo~iting it. ~
d, Thst th~ ~scr~~ lgent shall not be requirsd to taYe notice
at an~ dof~?ult or to taYs asy sotion xith reepect to anch detanlt
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