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S. 13u ia t?e amt of s suit belnj Iwtttut~d w fweeM~s this mo~tssp, t6e M~asee ~isp bs eatitkd to ap~ at ao,~ tLn~ dusin~
•ucb foreclaurs sult to tbe oourt hario~ jurisdietioo t6e f fo~ the appolotment of a e~e~~er of all and wn~ulu the moctpscd Property. sod
of all reaa~ iuooa~cs. Pro~ib, wua aad cevmua theraof~caa R6aaoe~er wurce dcri~ed; aod tberoupon it a bere6y expaal~ oo~enaac~d
and a~rad ckat 1be aourt ~hdl fo~t6rit~ appoiat sueb raeirer wlib ~M wud poxees and d~ria ot raei~ecs. in Uke casa; aad said a~-
pointmeot s6a11 pi made b~ the oou~t as s maae~ of Krict riQbt to t6e Mo and vritboot nhceooe to the adequaey oe inadeqwep ot W
~alue ot t6s property 6eceb mp or to t6e soiveacr or ia~olvenc~r of~I
ort~n~ or at~ otser partp defeadaut ~o soc6 wit. TLe
Mort~o~ ~enb~r speei$ca~ip wu~a t risbt o0 objeet ~o t6e appoiQtmcaC oE a ncei~et ~s staraaid aad 6ereby uprcaly oo~peats tbat auc6
.ppoiomKat ahall ee made as an sdmteted equity aod as a mucer of abwluee ri~bt to tAe ~oc~atu aad cbu the wne ma~ be doae wkbour
aoeice oo tbe Mort~a~o~
T6at if ~ pooc~edin~ abould be imdtated apimt tbe properq oo~end ?y t6i~ moct~ase npon an~r otha lien or claim w6etea
•upecio~ or uaior to the lien of tl~ the bbctp=te may u its option iauuediatcl~ npon imtitutioo of a~eb suit or durio~ tfe pead-
enc~ e6eroo~ datare chi~ mort~a~e sad the i ebtedaea ~ecured 6eres~ due snd p~abk ~ortL+r.itD ~ad ma~ at its optioo pcoeeed ~ toeeclae
t6is aooetpga
7. To pay all aod tio~ulu t6t oo~t~ tea, eLsr~p aad ezpeme~ of e~eep kind, indudins t6e oo~t of an ab~trut of ~itle m wd laad~
found to be aon~eaieut or expedieat in oo~weetion with: aqp ~wt for the fo~eclo~uce of t6t~ mo~tpee, and also includin~. w6ce6ec t6e 11Sort~a~et
i~ obUpted to par ume or not. rea~onable attorneys ~fca incurced or upended u an~ dae br be Mort~a~ee beeawe of tDe failure of the
Mo~a~o~ ~opc ~ f
oiaa. oanpUr w i t 6 a n
d a
bi ds b~ a
l l or aay o f t
Le oo~eoants~ oouditiau and alipulatknt of said praai~oq aote, or tbis
mortsa~e. in the foreckaurc of this moctsare and ta oollectio~ tbc amount secund 6ereb~ witb or wlt6out lepl Procsedinp. aod ~o ceia~-
burse t6e fot evcry p~ymeat made or incurccd for any suc6 Rurpae wit6 iaterat from dah of erer~ sucb pa~t u t6c rste o!
at~ PK cest (f ) pe~ annum; suc6 pqmena and obtipciaos„ wit6 wterat eLercan s~ atoraaid„ rhall be ~ecwrcd b~ tbe 4m Lereof.
Tb ~tbe bdidin~ ~ bnildlnp oow oe 6ereafter on aaid land inwrcd a~aiat ba o~ darna~e b~ 8r~ ezteadcd oo~era~e aad
otLer perib~ inel ~nr rislc inwnna if a~silable. in a tmn 'not las t6an tbd~ tul/ imurable walue at t6e aat aod e~ of ths Mort-
Sa~nr in a oanpan7 or oompaoia appe+o~ed br t6e Moe~a~ tbe po4cr or polieia to be Leld b~ t6e Moet~ and snc6 polie~ or polida of
insuraace s6atl Aa~e aftized theneo rStsodard New York Mortgagee Clau~ makins sll lo~ or loaes under sue6 ~olic~ o~ policia payabk to
the Mortgsgee at its iatereu may ~ppeu~ aad ro deli~er said polie~ or policia to t6e Mortgagce w6ea issucd rnth the receipb tor the pa~-
meot of t6e premiwn t6erefor; and tn c6e e.mc any sum otmoae~ beco~na payabk under sucb polic~ or policiq, t6e Mongagee ~bsll 6a~e
tbe optioo to recare and appnr t6e same aa aoooiwt of tbe indeb[edaa~ secured 6ereby or ~o permit the Moagagor to meive and use it, or sa~
put thc~cof. !or otbe~ purpaes, witbut thereby waivin~ or imFairin~ an7 eqniqr~ lim or ri~g6t under or by rirtue o[ t6is mott$are; aad
t6e Moct~aare if it dcems n~cYaary ~y pt~~ aad p,r for web ,o.~r~ or any part thereof. wit6out losin~ wai~ oc affacqo~ Mo~t-
~a~ee's optwu to fotalae for breac6 of t6is oo~mant, or aqY pa~t tbe~~ or an~ ng6t ot optioa uader tLts mortgase, ai~d e~eqr sue6 pq-
meot s6a11 bear interest from date t6eroof untii paid at the nte of a`bt per oeat (t~~6j per anaum, and al! iucb psy~menb wit6 iaterat e
sforaaid sball be ~red by t6e lien Lenof. In e6e e~eat anp loa or dama~e b~uffend Mo~a~or s4aU nodfp Mortga~ee of sueh bM or
dama~e ~vit6ia fortp-ei~,Yt (4!) laun after eLe 6a~peniog t6ereof; the faiture to p~e suc6 ootice s6at1 coo~titute a defauh and tDe Moet~-
ga shall bare tbe ri~b4 6ereia ~i~eo for sU defau b.
4. To pecroi~ oommie oe wffcr ao r?aae and eo maiuaiu t6e impro~emmes ac all tima in a state of ~ood repair and ooodition; aod
co do orpe rmit b be doae to said praaisa notWns t6at wi11 alter o~ cLan~e tse u~e ~nd c6aractn of ~aid propatr or in an~ wa~r impair or
wesken the ueurit~ of said mortQ~e. In raie of the refu~al. ne~lect or inabi6q of tbe Mortta~or to repair and maintain »id propcrtp~ tht
Mo,tsagee may, at ia opfwq, mate snch repain or cawe tLe ume to be made and ad~aaa mouia in t6at be6alf wbicb wms shall be securcd
b•• tre liea 6ereoE and bear incecat at tLe rue of at6t per ant (i96) pe~ aunwn.
10. To deli~a the abtraet or a:Ktruts of t~de w~e~in~ t6e moctgaged properqr w Murtga~ce or ia dai~oued agcnt~ sv6ie6 a6:1! at
all ames, durio~ tbe Iife of tbis mortaa~r, remain in tbe poansioo of the Mo~ee aad io e~ent of the forcclaure of this mort
rramfer of eitle~ all ri~bt~ titk aad interat of tbe Mortsag~or in and to aa sae6 ab~traa or abstracb of atle s6aU g~ ~
rrantee. ~ pan to the purc6ase~ or
11. T6ac m wai~er of an ao~enant 6ereia or iu t!e oblipdoa secnrcd 6ereb~ sball u aa~ time bereafter be held to be a aai~er e!
any of tbe otLer termr I~ereof or o~the oote sec~d buebp. ~
IZ. Tbat in order ~o aoeelaate tLe rosturiq of tbe Indebtedna~ 6ereb~ seeurcd beause af tLe failure of tbe 1?iortaagor to ~y any wc
assa~meny liabilitr, dbli~atiaa os encnmbraoce npoo s~id properq as hereia pro~ided, it s6~U not be aecewry aor rc~quiute t6at tbe Mort~s~
shaH 8nt psy tbc tama
t3. T6ar if ctie Moct~a~r a6a11 f~il, neska or refine for a period of c6ircy (so) dars fuUy aad P~PVY ~ Pir ~be amonna ce-
quiced ~o be paid by tbe no~e bcrcb~ seeurcd or .t6e i~erest thereia ipetified or an~ of ehe sum~ o~ mone~ 6eran reftrred to or bersb~ ~
cured. or ot6erwi~e dW~. fnty aod prom p to Pu[ocm. t~erut~ oomQ~ wit6 and abide b er or
or ~ti ulstioos of thia ~ 7~. a7 a41~ o~ t6e om?enaun~ aond'itioa~
P moetpiR tLe promwocy aote 6ereb~ ~ecnred and/or tLe ooour~ ban a tbeo~ and in dther or in
any of sucti r~mt~ witboat ~ oc demand~ t6e ~aida~re~te wm asmtioaed in said if ~nr. ~
anr and :Il sums mmtioaed hveia or secared 6ereb as6 be,oome dne aod P~~7 P~~ W7~~ if an~, sn~l ;
7 payable fortLwitb oe tLereafter at the oootiowng op~o~ of t~e
Moctsa~ee as fnll~ ~nd eampletei~ as if said a~egue auns were ori~inallY stipulued w be paid at suc6 time. an~thing in said pnmi~
nae or 6erein to ebe aontrar~ aotwitMandio` aoei t6e Mort~a~se stiall be enntled tbereopon or tLeceaftcr witbout aotiee or demaod to in-
sritute sait at law or iu~q
wt~ to eufocce the~ of t6e Moregagee hereuader or undcr said promiqor~ mte. Ia the e~mt of an~ defanh
oe brcac6 ao tbe put of tLe Mort~r 6aeunda oc noder ~aid pramiMOrp not~ t6e Mortgtgee a6aA ~re the ooatinuiag option to enioe~oe
pa~aeat of d) sums iecured 6ereby ~ a~tioo st law or by soit ia eqidt~ to foreclwe this snort~age, dt6er ot both, coocnrnatl~ or otbrrwise~
and one aetioo or wit ~Lall na abate or bt a bu eo or wairv of t5e MwrtgaQee's ri~6t ~o inuit~m or maioqin t6e aher. prorided aid Mort-
ssace s6a11 6an ony one pqma~t end ~rfaetion of aaid indebtedna~.
14. 13u ia t6e e~mt tWt Moct~a~or s6~a11. (1) eaosent oo tbe ~ppointmeat of a rad~u. tr~uta or liquidator of all o~ a subuantial
ut o~ s a~eo~. ~(Z) be ad!odic~c~d bankrn or ~u
y Mqjtp~o~ a pt imoi~eot, or $!e a~olu~aq peeition iu b~nic~uptt7. or admit in writin= iu
Inabilit~ b pq its de6e~ ~s eLe~ became doq, or (f) make a~eneral a~i~ tor tbe beoe~t ~ ereditors„ or file s
7 pedrion or aun.a
sedvnt nor~wiutioo oc arran~emmt wit6 credioon~ or to take ad~aota~e of an~ imoheac~ law, or (S) fik an answer admittin~ tbe ma-
terial alkptioos of a petition fiicd a~aimt tbe Mort~a~or in aay banlwPt~.7. reurQaniutian or insohener ptnoading or (6) action s6a11 be
atea by tbe Mort~sau for tbs purpae of effeedns an~ of tbe fore~oin& or (7) aay order, i~t or darte ~6a11 be wtered opon an
of ill,eadan ot~~oor or Mo~tga~or b~ a oourt of oompetmt 'uspdIcdoo aPP~ot • P~+~ ~nt ~PP~nunene of a raei~er or trumc 's
part of t6e Mort~a~uur's aaab aad sue6 ~er. jud~.mwc or deeere ,6a11 coannne u~cared and ;n eEfea for any period oE
w
tLtrtr (10) ooo~tutire da~ t6e Mortga~ce mq dalue tbe note hee~ebr seeured torthwitL dae and pa~ablq w6ere~~pon t6e pri«ipal of and
t6e i~ere~t aaroed an t6e note and ali a6er s~ms secured shsll beoome fort6wic6 due and Piribk ~ if all of c6e s~id ~ums of money
wero ori~inait! ~tipWusd to be paid on aocb dsy; and tLereupoo t6e Morc~ee wit6oat notiee or daaand ma~ proiecuce a suit at law aad/or
in equiq as if tll mooie~ ~atnted 6ereb~ 6sd matnced ptior tp its Io~tftutiuo.
1S. T6at eLe Mortsa~ee or aay peisoo autLoe;sed b~ tle Moctp~ee ~hdl 6a~e the riQht oo eater upon and impat t6e moct~
premises st a11 renooa6k tima.
16. Tbat an~ swn or suaab whic6 may be baned or adraooed by tbe Moet~a~ee to tbe Mort~agor u anr time wit6in ten (!0) ~ean
fran tbe date of this indeatur~ ~o~he~ ~?itb interat t6acon u tLe rue a~resd upo4 ac c6e eime of soc6 ban or ad.ance, s6a11 be eqoally
cured witb and 6a~e t6e ~ame prioriq as tbe oripnal indebtcdnw aad 6e sub!'at to stl t6e te~ms and pro~isions of tha mortsa~e: Peo~i~d.
that t6e a~ep~e aotount of ptioeipsl o~mtaadin,t st ao1 tinoe s6all not aooad an amoant eqnsl to oae huodrtd and fift~ per ant (1S09fr of
~ P~~P~ ~ ~1 seeurcd 6ereb~.
i7. T6ar, if nquued bp t6e a3d Nore~s will pa~ mm efe Moressseq aa che finc dar of ac6 and e.ery ooo.ecuei•e
mootb. a wmeqaa1 to oac-twsiftb~ionnat amount neoaar~ ~o par dl -aue aad s~menb a~mt rbe a~id morcgaged prpntsw, ~aid
mootbl~ sum to be aeimated sold~ b~ Morqp~ce and ukulaed ~o be ao amam~ na la~ tban t6e aasoant of aza asaad sgaimt said mort-
S~li~ Premises for ebe pre~iow Tcar. and i furt6a ~eqaired b~ Moregaaee to pa~ all imnranoe premiwma in mamer aad form a~ pco~iaed '
herein for t~t pa~ of; taus aad aweammb. .
iR T6u In ehe e~eat tbe loan w~tc~ t~b~tt~ i~ sine to ~ecure b aade fo~r t4e of finaoeias ae6a cbe aoo~truaiao
of new bWidiop or tbe oomtruedan o~ impt~emeati tad/o~ ~ddidons to ~ bdldiap, t~o 1~~ ifeequ[red bp tbc Mo:t~t~et.
czPraal7 a~eea ~o depo~ih wh6 tre 1+lortp~se or iti d a~mt aa smo~mt moey paal eo tbt fltrtoes betwten t6e netpt~oc~e~
of tbe Ioan aod t6e taal amount, as detamined b7 tLta~~~r~ to fnih? oompk~e rdd eoo~ttnedao !a aooordaooe witti tbe plaw ~
and ~pedfieadam ~aao[ore wba~imd b~ tLe I~tortp~or ~d e~sd b~tbe Mottp~ee. 8aid wount of moaq ~6a11 be plaoed br tbe ;
Mort~a~ce tn s"Loaa~ In Proee~r Aooouat" in tbe aame of tbe ~~?r, aod tbe woe ~ball be wed b~ tbe ~ee oo pqr t6e co~a. ;
cb+r~a ~od espea~a iaa~mtd io ooonee8on whL ~aid ooa~erue~~a prior so ~A~~o~ tiis loan. It b further asr~ed that in die e~eat `
~~id oomcsuetioo b not fulfp oompkted aa os 6elo~e t4 dtte ~tated !n eLs Lo:a or ia t4 e?mt tba d~e wrork ao
~aid oomrruetion ~AaU wu befoes fall eampletjoo aod ~oe6 ea~atioa s6a11 oootinne for a period teo (10) da~s, or-if ~ob~antid oondnooa~
Pro~ren sLall not be made ia weti ooostroetwo~ thea and in aot ~ner e~eat t6e aatd ~repte smq PrinciMi and isterr~ mention~d ia uid =
Promi~oq noM, sod all mooia ixured ~cnby ~baU be~rome due and pa~
k~otttitsitr or ~a~fo~ a t6e option of ~aid Mort~ee: tod ~ '
the eveat of weL awtion of wock u sti~ cowtrnedon tot a peeiod of tes (10) da~s. oc tf w~taatisl oootinoow ;
made in sue6 ooo~troaioa, as sforaai~tbe ~!t~~n~ma~ a fd opdan eacer ineo and upon t~t P~ r6a11 oot be
~uoedon in aK6 maooer ar tt daaw ad~isabk an i~erfereaee fro~e tM P~ snd oompkee said aoo- {
m t6s Mart~ee fuil power aod antboritf to make sncL ~ faeo snd n aid~~~ tLe aid ~'eb7 d~i ~~ni
Po~ mo~s~a~ p*emiw. eo e~ ~
A~ooount"~ ~
d
ran~emeaa ae oa~ be seoa~ar~ ~o oompkte »id ooo~croedao, ~nd a espend ~ mooia remain[ in aid "Loid
in addicioo an~ swns of mooe~ oeoa~ar~ to caaple~e aid oomtcnetioa; and ~ and all mooia ezpeaded b~ tbe 1~torcp~ee in oooneceion
wic6 s u e
ti oom p
l a i
o o o
f ooo~raaiao ia~ of t6e roonia in uid "Ioan~ in Procew Aaaouae" iball be added ~s ttie ~aid prinapai de6t and
•hall dnw iotere~ at t6e rate pro~ided in said peomi~wr~ oote, ~pd~~hsll be sccared b~ t6i~ mortp~ aod ~all be pa~abfe b~ t6e Mort~or
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