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s. 13at ia t~s sne~ o~ a wit bda~ toKltu~ed a iweelae tii~ mo~t~ar, tre ~ee ~sll es mdtkd a ap~ at asp dwt du
suc~ foralo~ure ~uit ~o t?t aou~t kario~ jurisdietioa~~~ for tl~e ~ppointmeut ot a tace~~er of all and an~utar t?s aoortp~d aVroPa'V.
~E atl nnt~ inooo~+. ProE' ba~e~ aAd ttreaua tAereo~ Irom wLat~osrer ~oures daired; aod tlereupoo tt i~ ?ceeby up~b oo~esasted
~od ~d ttiat tbe court~l fortswit? ~ppoint suc6 reea~ee wi~6 eb~ wual po~e~ and dutia et reai~cn. is liw uw; aod ~aia
poinemwt ~?ali be mads by t4e oourt a a ~aatter of ~ttkt ~!t eo the M aad wit6out sefenoa b tb~ ads9u+~7 w jaade4wq oE ~
e
~dus af tM properV I~e~eb ot ~n the ssheact or imol~a~q o! t t ~rt=a~or ot aoy otbcr ~w dcfendant ~o weti w~it. T1~
e
1~Ioce~s~or ~~peeifiu~l~r •a rI~ a ob~ea m ere .ppoiaanau ~f a raa.n aforaatd aod 6ercbr ezorasly cao~d c6ae wci
•PP~pt~t ~hal be raade a aa adaiiaid equiq? wd as s mucer a~ aMoluee d~?t ro tbe Mote~ajee and e6at t6e wse map be done widou~t
notioe oo t6~ Moct~s,~o'
'11u ff an,~? proeadic~s .6ould be io~de,ued aptnse ~e p~operq m.ered br c6ts ~oort~e upou anp ot6er Uea o~ cla~n wtiet?er
~uperior_ os,~uni~or w tbe liea of tbL tie Moctsa~ee mq at ib option immedIateb npon L~titutioo of ww~ti suit or durioj tre yesd-
~ tnec~eot dalare c6i~ moresa~e and~ebc~dnea ~eured 6ereb~ due and p~able fo~t~with sod ma~ a ia opciou pe~occed ~o toraelae
aAOrt~e.
7. To pap ol aad lu tbe oo~y fce~„ c~{r~a and ~pemes af s~eq tind, iaetudin; tbe ooa of ao ab~tract of 8ck ts uid 1aad~
touad ~o be oonrenieAt or esp~eot ia oomeedao witb.sq~ wit for ~6e foree{osw~e of thismo~ ~e, aod abo iacludio~ wbec6a tbe
b obGpccd eo woe oe aot, ~asooask suoruefi ~ea ioeurred or a~eaded u aep tims b~ se Moetp~ee beeawe of t6e t~il~
~P4 witti aod abide by dl or aa~ of i3s wrsasa~ ~ondltioo~ sod itlpulstioo~ aE said Promiwor7 ao~e. ot t6it
ia foralos~n of ~is mo~a=e and in oollecans ~6e amoune .eeu~ed bae~r ..i~ or wi~hoac k~.l~~rooeediap, asd ~o re~e~-
bnnc 1~Rort;a~te for erery p~ment made or iacuceed for aa~ ~nc? ucpoa wlti in~a~at fraa dus aE e~ery p~me~u at ttie rsts ef
~u
~ P~+ ~(s9i) per ~nn~; wc~ palmena ~nd abli~aciaa~. ..i~h ~ereoa as atora,dd, sl~11 b~ .eenred b~ eLe liea bereot.
~ep baiWin~ or b~d{~~ sew oe rerafar on said laad in~uced las or dasa~e 6~ ~ire, eateoded oo.era~e a~1
otLer Pa'~h~, ~~uatni~ war rist inwran~e i~ a~dl~bk, in ~~nm ~not las tDan thdr ~ui1 inaurabk ~alue a tLe aat sod e~eo~e of tbe lrlo~t
u
iu a o00paq~ oe aompaoia appeo~cd br tbe Morepgc~ tbe polk~ or polida ~o be 6eld by t6e Mo~tgs~ee. and snch polie~ or polida aE
uranu a6a11 l~ave affiud ~Len~o a Sandud New Yoct M C4u~ makius all lo~ or lones undec sue poUcp or polie[a pa~abk 10
tLe MoR~gee as ib it~terat ma~ appeu. and eo deli~er said or u
poticja oo tye Moet~ee wLen iswed wi t~e reaips he tre l-
e
ment of tbe pramium t~erefor; aad in tbe e~eat an~ ~um ofmone~ beeana pa k nnder su~ polic~ or polieia~ the Mo~a~cs ~all ave
t~e aptioa to reed~e aad appl~ t6e wae oa aooo~ot af tLe indebtcdna~ ~ecuccd ~Y or to pamit the Moctgs~o~_to ~aeire and we Qy ~ aa7
Part t6ecaof~ fo~ otber parpae; wictiout t6ereby wairins or impairint ~41 ~b, lim or ' ~mda or b~ drtue ot this mo~t~e• aod
t~e Mortpsee if ic dam. neaaary mq laa and par for arcL ,mu or aar pare ! wttLoue iain~. wai.in~ or afheh~ ~lorc-
~eds optka ~o foraclae for brae~ of eo~eaw4 a~ aq~ put or anr rig~t or optw~ under t6is ~sort~a~, and e~er~ suc? pq-
ment E6a11 bear iate~nt fcan date tbec~ u~il ptid u t1e ratt of dfrt Per otat (i96) per annutg aal si! saer p~yments witi iotetat at
aforaaid stiall be ~eeoeed b t6e lim 6aeaf. L ebe e~ent anr lor or damase L soffered ~toct~ame ~baU ootifp Moey~e e~E ax~ lor or
dama~ wiehin f~-e~x ~N) Loun a~r t~e Da~~eoin,s tD~Of; t4 hiluee ~o ~i~e sue? uotiee ~6alt aomdtute a ddau and ttie More~a-
~ee thall 6a~e tLe ri~6ts 6ecein si~eo toc sU defaule~.
! To peea~it. cos~mit o~ w~fkr tw wa~te aad to maintain tre impro~emeab u aU tima in • aate of ~ood reptir and ooudition; aad
q do or t~n be dooe eo said prani~es na6tn~ tLst wip sher or ei~an~e tis n~e asd ebaraaer of uid ropaty oe io any wa,~ impatr ar
wakea ~soeuriqr o~ said mo~a~e. In case o~ tbe refwai. ne~lea er ioabittq ot t6e Mortp~or ~o npatp aod maintaia a1dproperhr. t6e
Slorep~ee ms7. at its opE'ao. make sw~ repsia or uwe tha ~ame to be made aad ad~ana monia ia t~at be6alf w6icr anas s~all be ~eeared
by t~c 6m 6aedf aod bar interat at tLe rue of d~ht Per emt (i%) pa aoama.
20. To ddiier t6e ab~aet or ab~tnets af tide ~e a~o~d properep eo Moresa~ee or ia dai~oued a~eay ~.Lie6 s6a11 st
ali tima, durin~ t6e life o~ t6b aoort~a~e, remain io tLe~~ ot tbe !~loet~ee and in t~ent of tbe iocalasure of tLis moct~a~e or otba
uau~fer of tick, aQ ~i~ atfe and intee+at oE tbe M~tp~or ia aad co s~ wci ab~traet or ab~traets af titk s6aU pa~ to tLe pure6a~ ee
-
11. '11at no wnin~ ofan~r o~~eaaat 6erein or is tLe obliptlon secnred henb~ sball st aq~ time ?ereafter be 6eld to be a r.d~er ei
aoy of t6e attia terms Lereo~ or a~ t6e note seeocal ~eeeby.
1Z lbat in order to -roakrate tbe mu~uih o~ t6e iadebtedaw ~ s~cnced baau~e of t~e hilwe ot tys M o0
~a~y liabllit~~ obliptioo ar enc~mbranee opoo ~aid propa~r a~ ~eeein P+7
pco~lded. it shsll sot be oeeasaq nor requi~ia t t6e Mo~ee
.k.n snc pay ~be w.e. _
ls. T6ac if e~e l~ore~or s6a11 fd1~ ne~iea o~ ref~e ~ s period af ~(s0) dar fuUr and penmvd~ oo p~ ci~ee amioime. ~+e-
anired ~a be paid bp Ne ma ra~ebr seeased or cbe Iaeerac d~eia spailied or an~ of tye sme. of mms~ 6ada referced t~o or 6ereb~ ~
tured, ot ot6etwise dW7. faU7 aed pras~' b Pa[ona. e~eut~ oompl~ wit~ tad- ~bide b7 eaeb. e~M? ot an~ of the co~enaoa, oondiB~
or fti~~ of thi~ moetsa~e. trep oo[e 6ereb~ seenred aod/or tLe oomtcue[jan bw a~re~'tf ~7. the4 and io dt~er or h
aor o~ sncL erema, whLout aotice or d~tl~e ~sid sns me~iode+d is said P~om~r note. leu P~~ W7~. ~~7. ~
anr and al! soms noendooed becein or seented here6r all 6eoome doe and pa~aWe fort6wit6 or t6ereafter at t~e ooMiauia~~~ ef ttie
~foetp~ee a~ fnlt~ and aompktel~ o jE said a~ate aun~ wsre oripn~ll~aaipnlaced ~n be p~id u soc6 wne. aa~6in~ jn said pewroiwoq
oote oc bereia ~o tLe ooovar~ aotwitLwndlo~ aod tb~e Mortp~ee srall be otitkd tl~ersupoo or tLaeaEter wit6art noeioe o: demand to is-
aitnte aSt at law or In to mforoe~ of tLe !~a ie~e~ ar uoder aid ptom~oq aota Ia tlie e~ent af an~ ddanit
~ brsse~ on t6e part o~ or ~ said peomiMOn note~ t~e Mo~ s6aU ha~re tbe oontinniaa optioa to eafora
P~7~t of all s~s seennd ?ereb~ aetion at law o~ b~ sdt ia eq~de~ to fa~eclose t6a mo~, dt6er or bot6. oooeurr~l7 ~ ot~en?i~e,
aod oae aedon or wit ~hal) noc abate or 6e a das to or wai~er o~ t~e l~~ctsased~ ri~?t to imtitute or maiot~in the at6er. provided said Mort-
psee s6a11 6a~e onlr ooe pa~mmt and ~ of aid iodebtedsa~.
14. 'That in the ennt tl~at : sbsU (1) ooo~ent ~ tbe appoiameot of a reai~er. uvKee or Uq~uduor of all or a w6~tantid
part aE • aretr~ oe (3) be ad a biokenpt or ~reoy or Sk a~oluoa~ pstitiao in bankruptel, or admit in wridnt Ur
IaaWlit~ to~debti r t~q ~eoome uc. or (t) mate a ~teoval a~ io~ the beoeFt of areditoca,, ~(4) fik a peatfon or ao~wa
sed3ot or wh6 ercdieoni, or to ta~ce ad~aouse of an~ idohme~ 4w~ o~ (S) Sk an aorwrr admit~ tbe ma-
arist si ~ s petitfoo~a~pimt t~e ~ ia any bantrnP~j?, reo~~,adsatioo o~ inaheoep proceedins. or (6) actioo ~haU be
qkes b~ tke tor t6e purpae af eHectlos au~ of t~e fore~oin` or (7) an7 oeder. jodpoent or dectte s6a[I be entered npoa ao
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f eaaP~ =PP+~'i~! a P~~ ~t sPP~unea of s reai~er or trmtee
o f ap or a a~b~taaid part o~ ttie Mort~oe's ~sets and ~ne6 order. ind~meat or dea+ee sbsU continne mrts aod in effat fo~ aa~ period ef
tLtrb (30) aoo~ecaa~re da~ t6e Moetp~+ee ma~ deelare ths aoee 6ereby secucsd tat?wttb dne aod payab~wbeeerpon t~e pri~dpa~ af aad
tfe Inteer~t ~oeroed oo the Dote aad all otfer smu ?ereb~ seeored iL~ll beoome fortti?Itti dae and P~ribk as if all of t6e uid w~ of soae~
wers ori~iad~lx ttipulited ~s bt paid oo web dsy; aod tlereupoo t6e Mortp~e wft~ont notke or danaod ms~ pro~aute ~ suit u iaw and/or
~ in eqaitT as if all moaia ~etarad 6eeeb~ bd matue~ad peior to ib LMitutioo.
1S. 17ut t~e ~1oet~a or sn~ penoa a~Lo~ed b~ ttie ~l~ee s~a~! bm t~e ri~bt b enter npon and inspect t`~e a~orts,~~cd
premires at dl rea~mabk tima. -
16. T6~t ~n~ wm or s~ms wbic6 ma~ be lo~ned or ad~aooed bp tbe Moitp~ee oo t6e Mort~ag~ u any time wicLin uo (IG) 7an
~ lrom tLe dtEe of tLis iudenture, ~o~er w~th intawt t~et~on at t6e nte sireed apon at the time of ~uch loan or ad~se~ tha!! be ~4 ~
ea[ed wit~ aod 6are ttie ame psjoritf a~ t~e orisiosl iodeb~edar aod be ~ub' to a11 tbe terms and pro~iiw~» of mis tnortP~e: p
tiat eLe ~ate asamR o~ pal oabd~ndtn~ at ao~ time ~btU not ao ~momt eqoai to a~e buodred aad fift~ per aat (ISO%) of
t~e pei~ipat aso~mc ari~ai~~cured tier~j.
17. T6at, if ra~dred bp 3~ottp~ee, tb~ aid 1~lortp~o~ r?ftl ~tf mts t4 H~ee, aa tbe Ss~t da~ of eaed aod r~erp ooo~eeuti~re
a
~ iao~L. s iumeqna1 1o me~twelfeb oE t6e ~now1 amou~ neeewry b pa~ all.tata aod ara~meab apia~t t6e said mort~a~ed prmdseti qid
~ mont~y som to be atimated sokl~ br 1~ortp~ee and cakwlmd ~0 6e an amouu! aot kN ebaa t~e amount oE a~zes arareds~n~t uid mo~t-
~ 6e~ ~ pa~meat of,,~nm a~ad• ~awe~eoe~i. b7 ~pf~ m p~l' all insnrana peemium~ in manoer and tocs ~s pew~ided
~ 1R 'Twc io tbe e~eat tht iom wNcti tN~~tpp b~~o ~eeore L~ m~ds f~os t~e aE ~inaudns ~~~~i+A~
i oE oew bWldinp or tM coa~trueKoa d impe~emearn ~sd/er ~ddidow rr boiWlap, tM . i!
~t~a 1o depo~tb wh6 ttie ylort=a~a ot ib d a~eat aa ooae~ pnal M eM tLs aet ~
oE-tLe foae aad tLt ~onl anou~ ir ds~e~dKd bp t~e~~~~ es fot~ oos~ ttld eoo~en~eeJo~ ia ~oootd~oa wid~ eLe tlar
aad rped8eadow ~eeste[ot~t mbs3a~ bt ttit 1~loetsap~ nd b~ t~e Moetsape. Sdd ~seant o~ maie~ ~aq b~ pLoed b~ etie
1~aeep~Yee s"Lwa=_!rs 8eoa2r_ ~Aooo~aa~Y' ia t4 uaw,,ie af tLs ~ aad tie anw ~~a}~11 .b_y~ v~eTd~ bL~ `ti~e.y1YSort~ee b pq ti~e eo~b~
C ~ i0Y ~ ~FY~ !Y W~R~Y ~ fYY ~ ~ ~~/QNIY~ ~ ~iY lWiY ~i li iW~Y~ ~ ~ ~ ~
~ila OoO~t[11[!~1 ~ OOt fu~ OOS~ a0 O[ ~Olf t~! d~t! ~[~~lO 10 ttit T.OiD O~ ~ t`t !~lOR tbf~ tti! wO~t ~
Y
` f~ COOMtOla04 ~iII Ctalt ~0l~t ~OII COm ~!t{Ot i~ ~YC~ C~i~O~ ~I~ COI~OOt tOf ~ plf~~C~ ~Jf~ O~'~E Ni~~al COO~n00~
i plO~lM ~i~~ OOt b! ftl ~OC` t~ iOj iiiC~ i/i~t t~! f~ ij~f'l~Et ipd ~ O~pdppl~ j~1 M~d
~ pIO~MOf~ OOti~ ~ in IY001la ~!C{IZ'!d 4!f!~~l bR00mt ~flt ~ ~Of~FI~ Ot t~ at t~lt Opt~ Of q~d
f~t MM O~ lOt~l CpqfjOd OE ~IOtk 4 f~ OOO~t[Olt~l ~0[ i ~ OE t+!! ~10~ ~j~ Of ~~i~ COOt1A0011/ pr0~t'lw~~ OOt ~
i ~t jY iOC~ OO~YClf00~ p t~pf~~t »~df,~ ~~b 0~00 lOttf ~t0 ~ Op011 tb! t~ ptl~lq iOd COmp~tE! q~d C00-
~ecoetioa ia wu6 mueer a~ tt dayo~ d~abk aq ~fee~s fra~ tM Nartp~; tbe ~~d l~sr Leeebf i~~t ~ R~i
~ ~s tfe ~ortp~ee fni! powet sod anetiosit~ b make we~ eatq imu aod apoo aid oott~a~ed premisa~ to eater ineo we6 ooarsds ot ah
~ea be n~eop~aq to comP{ete s~id ooo~tr~oq ~ 1s ezpead an~ mooia eemafotos in sdd "Loaa~ to Proon~ Aoosu~t" n~d
~f ~*7 eo oas sdd aoorteoetioo; aad ao~ and aq mooies espended by the 1?~eetp=ee ia ooaoectio~
wte6 weti eomyleaaa of oooKroaioa in esaw of ~mooia in aaid "i.wa~ io Proces A~ooount" ~?all be sdded b ~tri~
'pai~
sl~ll dnw toterat a t6e nte pco~idcd in aid pcodiroq notq, and ~halt be seeored b~ t6i~ morcp~ aod t5ai1 be tie
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