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S. T4u in tM cresc of ~~utt beto~ io~atut~d w iweclae thi~ mort~a~ cbe Matf~e ~11 bt endtkd to app~ u ap~r tim~ durlox
suc6 foralosure swt to t6c coutt 6aviu~ jurisdlctioa t6e f foe tbe appeaatmeat of a~ra o~ all sod ~io~ulu t6e mo~a~sd pe~operqr. s~
of all renb, inooma. Pso~n~ issua aad cssnenua c4eceoE~ro~m ~s!?aaoe~:~ aura deri~ed: u?d tscreupon it L 6eredy e:p~enly co~eoauced
and y~reed tiiat t6e coun ~hall Eortbeith appoiat ~ucb raeivcr wic6 tbs wual po~rc~ and du~ia oE rad~en. io !ib uaa; and ssid s~?
pointmmt a~all be madc b~ the oourt a~ a maae~ of itriet ri~ht oo ebe Mo u?d witbout ref~~eoa to t6e adequaq or ~uadeqw~ ot tbs
.alue of tLe pcopat~ be~e~eb7 mort~a~ed~ oc to t6e td~eaer ot iaahreaey of~ort~s~or o~ aqp at6e~ paetir dcfeodwt to a~ ~ui~ Tbs
Morcaaeor 6eceb ~pecifically waira ebe d~6t ta objat to tbc sppolnbneat of a ~ecei~ec n sforaaid aod hereby esPcas~r aoo~mti ~6u wer
n~t Mal~~
de ~s ao sdmitted equiq~ aad a~ a matter af ab~olute ris6c to cbe Maessjes aad c6sc e6e same ~nq be doae wtc6oa
6. Tbu if anp proeeedio~s ~bould be imdtuted apiiut tDe pwpe«ri aorsred by tWt~ mor~e upoo aar otber liea or cl.im wYe~e~ ?
supetioi ot juoiot to tbe liw oE thi~ ~ tbe Mottta~ee may at ib option imaKdiuelf upon Imtitutioo of a~ ~uit or duda~ t?e pead-
te~acy tbe~eot dalare thia moitp~e and tDc ' ebtedae» ~eeared 6e~eb~ due aud pqrable foct6wit6 aad mq a id option procecd eo toroelas s
moectaga
7. To pay all and lu t6c c+o~ fea. ch~r~es and cspea~ of e~eq? tlnd, indudin~ t6e aat o! w abstract of titk to ssid land~ ~ ~
fouad to be ooa~enient or e:~pe~'ea iA coaa~etiQa wicD.aq~ wit for the foca{aure of ~his aud sho includin~ wretber tbe
is obli~ated to pa ssme oc not. reasonabk aworne~a fca tueurnd or ezpendad u at~ time~ Mort;~es becawe of t6e fiil~
biorega~oe to per~ornti, oanPb wic~ and abtde by all o~ anr of e6e ao•eosna, oondiboe~ iwd stipal~t~ of ssid promi~7 ~h ~
moK~~ ia ttie foreclosurc of tlw mo~e aod in oolla~ins t6e ~.wt se~vred 6ereb~ wit6 ar wubout kpl~~~nw~eedinp sod 1~ rei~.
bune tbe tor erery pa,~ment made or Iaeurrcd !or ~n~ wc6pu rpae wIt6 Iscerat haa dats o! a~erp p~meat u ehc ra~e ot ~
at~6t per eent ) per ~nonm; soc6 pqt~nb aad obli~ with inttrat tLeteos as sfotaaid, s6s11 be ~etuced by the Kea 6eeeof.
i. 1b k pthe bdldio~ or bdldInp ~w ot ~e~eafter on aid land iswred {oM or dama`e by t{ce. estmded oa?e~a=e and
otber perib~ inelaudin~ war risk inwnace Ii available. in a fum not 1aa tban t6dr fujl iasurable vslue at t6e oat and e:pen~e of t6e Mort-
gago~ ~a a oaapanr or oompuda ~ppe~oved b che Mocc~ee. t6e polk~ o~ polida to be bdd b~ tbe bloct~. and wcti polic~ o~ policia oE
insunnce s6a11 ~a~e affized ~e~ao a 8and~New Yort Mort~e Cla w
tbe Mortgagee aa ia interat mar sppear, and en deli~er wd j o~ ~~~Os aU los~ or bqes under sucD Folie~ or polida pstable !o
' pol e~ Policia tu the Mortaa~ce w6en iswed wrtti t~e receipb for Me pa7
ment of t6e premium t~enfor; and in thc e~eat an~ sum ofmo~~ bcooma parable under suc6 polic~ or policia. t6e Mortsa~ee ~iati ba~e
che optioa ~o reoei~e and appl~ cbe same m aooouot af tbe iade6tedna~ seeured herebY or to pamit t6e ~ to reoei~e aad we iy or aop
part thereof. for at6e~ parpose~ witrout tbenby wai~io~ o~ imFairini W ~9~4. Ueu or ri~ mdec or b~ ~irtve of His mat~e• aad
che Mort~asee if it deem~ neccaap may ptaoe aud pa~ foc wcb ~m~raue~ or aar part c6ereo . wicbout lo~ia~, wai~ins or sffaemj ~+loet-
Qa~ee's option to lorcclae tor brae6 of this omreaan~ oe an~ pact tberaof~ or aar ri~ or opteoa uadu tLis mot~et~i~. ~ad e~req sne6 pa7~
meot ~6a11 bea~ totecat fmm date t6ereof until paid u tLe rate of dg6t per ant (f~16) per aaowos. aod dl a~ p~ymmb wicb Intene~t si ~
aforaaid s6a11 be secured br tbe Uea ~e~eof. In t6e e~au an~ las ot d~ms~e L su~fertd lNo~yot srsll nodf~ of a~ iaa or
damage withia fo~ty-eig6t bours afttr t1e hapKotos theraof; t~e ~ailure ~o p~e sue? notiee s6a11 cao~titnte a
d~and t6e Moetp-
gee shall hxve tbe ri~Les he~ein givm for ali defaulb.
9. To permtt~ cmomit or wffer oo waue and to matnttia tLe impro~smmb st aU timq in a ~tate of ~ood rep~ir and oooditioa; asd E
co do orpermit co be dooe to said praaisa aothiot t6u will aher or eLan~e tDe me and ctiaraeter ot taid propaqr or in ~a~ wa~r imPair or
wcaten the securitp of said mort~a~e. Ia ase of t6c ref~wl. ae~lat or inaWliq of t6e Mort~asot ~o tepatr and mainaia ssidp~o
pc~. tbe
Monpgce mas. u ib op~ioo, wakc ~uc6 repain ~ eawe t6e same co be made and ad~aace monia in tbat bc6df w6icti sum~ sball be seenred .
bp che Gm l~ereof aod bar iotecat ac tLe race of a~t per oent (i%) pcr annum.
10. To delt~er tbe ab~aet oc ab~traas o~ tide ao~aio~ tLe mort~ed propertp to Mort~s~ee or ia daisoaated a~mt~ ~c6ic6 sball at
all ama~ duriog t6e life of thi~ oort~asrr, remain in t6e poacs~wn of t6e Moc~a~e and in ere~ of tbe foreclaure o£ tris moctga~e or ot6er
tramfer of tit1G all ri~6y title snd iaterat ot t6e Mortp~oc in aad to an~ we~ ab~tract ~ ab~traeb of title shaU pa~ to tbe purckaser ot
grantte.
11. T6st no w~i~ee of ao~r wnnant Ladn o~ in t?e obli~atioa aeaued hereb~ ~balt u an,~ time hereafter be 6eld to be a~d~er a1
anY of t6e at6cr ttroa ~eraof or of tbe aote sanred ~ereb~.
t2. Tbu in orda oo aooderate tLe maenrit~ of t6e jndtbttdner hasbr ~ecnced becawe of t6e fdlure of tlie Mo ~o p~~ anr as
s6a1~~ uabilitf. obltption or eacumbraoce upoo said p[operq a~ 6eceia pru~ided. it ~LSII aot 6e neoa:ar~ nor req~isice t e6e Mortsa~ee
Wy tLe same. ~
13. T6u if d~e Moct~a~o~ s6ali f.ii. neskce or refn~e ~er s period of t6ircy (30) dar fuilr sod P+anrd~ ta pap ~be amame~ ra t
qu;red ou be psid br t6e noce 6ereb~ ~eeuned o: tbe intuat tLerdn speaRed or an~ of d~e sm~ o~ mone~ rerdn rehrred to. or baeb~ ~
. cured, or atrerw»e dnl~. fnll~ and pc+om~d7 ta Perfoem~ e~ecut'. ~om~y wi~ aod sbide b~ eac~ c.err or aur of ~e oo.ena~ coodmae.
or ~tieut:tjoos oE thia msrt~aQe, tbe note 6ereb~ saenred aua1~ t6e ooatcneaon ban s~cament. if w7. thea. ~nd in detier or b ~
u
m~ of ~uc6 e~enq~, witbout ootiee or emaod, t6e saida~e~e wm meatiooed in said P*'~~7 ~ Pm?~ W7~. ~~7. ~ ~
anY and all aume me~ioned 6e~ein or secared 6ereb~ sbaU bcnome dne aod pa~sWe fort6wid? or tbereaEcer at t6e co~inuiogopp~ of ttie
Mortss~ee as fully and oompktd~ ~s if said a~egrce auua wers oripoallr sti~ulued to be paid at sncr tirne. aorthiug in taid ~na~oe~
note or 6erein to t6e oa?trar~ notwitL~tanding. and the MortaaQae sbsli be enatkd t6erenpon or thereaftet wit~o~et nodte or demand on 1n-
sticuce wit at law or in~q~, to eafora tbe ~Of tb! MO[tgagC! d![lODdK Or t~K fiLd ~[+OIO~f~O[1 OOtt. Ia the e.eot of aa~ dcfaah
or braKb oa tbe part ot tbe -l~Io~or baeundrr or ~mder said Promiwor7? aote. t6e Mortassee s6aU 6a~e the ooatinuia6 optim to eaforoe t
ps~ment of dl sums ~aured bercb~ b~ actJon u law or b~ soit in ~qoirj ~o fomlae ~bis mort~age, dtler or bot6~ ooocurreatl~ ~ otrawi~e.
and ooe setion or suit ~all not abate or be a bar to or wai~er of ttie M~a~cs'~ ri~t ~o imtlt~e or maiatain the aher~ pro~+ided said Moet-
Ba~ee s6a11 La~e onlr one Wymmt and sa~faeeia~ of aid iadebtedoa~.
14. lbat in tbe eta~t t6at Moei~or~shaU (l) ooo~ eo t6e appotodamt of a rcai~u~ trwtee or Uquidator of al! or a snbKantial ?
inabi~ Mort~ola a~eb~ or (Z) be adldt a baaksopt or ta~olnny or Sk a~ol~tar~ petition ;n bantrupeh. o~ admit in writins ib ;
Ub? W~ tu deba a~ tbey beoome ~u~ or (s) make a eenenl a~d~omeat for t6e 6eneRt of end;ion, a(4) fik a petidon or answa ~
suihut reor~aoisation ar arransement with erediton~ or to uke adruta~e o~ ~ep imol~mc~ Isw, or (S) Sk an ao.wer admienns tre ma- F
terial alle~atloos of a petitioo filed apimt t6e Mortss~ot in ao~ bankrupoe~. reor~ani~ or imoheoep Proatdins. or ~etioo shall be
caicen br tde ~Lrt~or for tbe reor a
a plieuioai of a aedioor or P°~ of effatius an~ of tbe fo~+e~oin~. or (71 an! order. 1'udpaeat or dauee sball be eutered npon ~o
p Mort~a~or b~ a ooart of oompe~mt !'arisdietion apprmrin~ a paition seekio~ sppointrneat of a reai.er or tru~tee
of all or a wbstaatid part of tLe Mort@~ot's a~ets and such order. iudpnmt or decree s6aq oontinoe nmts~ aod in effeot tor a~ periad ef
tbi*4 (30) eomecvdre da~ t6e Mortgatee ma~ daclarc tse note Lereb~ ~anred fo~tLwich dne and papabiq w6ereupau tLe prineipal of aod
e6e interat aeerned oo t6e uote sod all ot6er smos herebp secnrod s6s11 baoane fortLwlth dne aad parabk aa if all oE the said sums of mooer
were ori~aall stipulmd to be paid oo soch dsr; aod t~ee+enpoe tbe blortsasee without aotia or demsnd may peoieeute a adt st law aad/oir
Sn equiry ~s ~ all mooie* ~eeored Leeeby 6ad matnced p~ior ~o ib iwdnttioo. ;
1S. ~st tbe Mo~t~a or any pesoo antLor~ed b~ ttie Mortp~ee ~6a11 ha~e ttie ri~t to enter npon and iatpat tbe mo:tp~d '
premisa ac all tea~ooabk dma. _
~
f6. That anr smn or a~ms wLic6~ mar be lwaed or sd~anoed br tbe 3Soetsa~ee oo tDe Mart~or a aa~ time within tes (10) Teus
fran tbe dm of t6is iadentare, oo~et6er~witb intersu t~en+ee at tbe rate ~ceed npon at tbe time of wc6 ban or ad~ane~, s?ail be cqwil~ se-
cured wit6 and Lave tLe same prbriq as tLe otislnal indebtedoep aod be snb~'
tto sl! tbe term~ and p~ of tLis mo~pi~: P~;~,
cbat tbe a~ate amou~ of prineipal ouatandin~ at a~ tin~e ~tll aot e~ooeed an amount eqoal to me 6uadr+ed aud Sft~ per aent (1S09G) o~
chs prlnc3ps! aso,~nt orisinaly ueuced Lereb~,
17. 1~ if reqoired b7 t6e atd 1So:tp~or wiq pq meo tl~e Ma~ m t6e Snt da~ of aek and e~er~ aoo~ecodre
in~tb. s aaneqna!~o ooo-twelA6 of
t~~toand amoant oeowa*7 m Psl? dl •tats aad are~menb a~aia~t the ssid mortpced pr~. ~dd
montbiy su~ to be admued solety b~ and eskulmd to be an ~mamt not IeN th~m tbe amoaot a~ ta~a asered a~aimt aid mat-
B~ rremi~n for t6e rre.ioa. Tar. ~fnK6e~ reyairea by M~ortga~ec to pq all in.~ranoe pradmo. in m.oner .aa fara. ar pco~iaea
herein for tYe pa~ment of, ta~a ~nd a~eroeab. .
1R T~t Ia etie e~mt tb~ lan w6ieb ttibmott~t b si~a to ~eearr l~ mads tor t4 ~e~e af finaodas ejttia tbe oea~rueaoa ~
of aaw bdldinp or tbe ooo~ruedoo a~E impeo?emMMb ~od/ot dditions ~o ~ baildiop. t~tp 1 0l~ rt~or~ it otred bp tre 1so~ep~ey
e:Pns~y ~es to depo~it~ wh6 tYe Moetp~e or ib d s s~mt Ro a~ mo4e~ qosi eo tie aiflenoes tbe a~et~ '
of tbe ban aad t6e total aa~ow~ ar determtned b7 Jead 1No~e~, te tulb omPl~ee aid aoa~eroaioe lo aooordaoa wIt! tfie plaw
and ~peeifiadora reretoiwe io6mittad b~ tbe Moetsap~ aod sb~p~ttie M~aetppe. Sald ~ vE u~e~ ~lall be Plsoed by ttie
Mocrpzee tn a"Lo~o~ in PeooeN Aoooum"' in t6e aame o~ tie ~ and t~s wne ~aU be ored bT t~s Mortp,~ee b pa~ tbe oa1R
cLaKa aad ~spea~es ILCOrred in aooneceion witL wd ooo~tn~~r a di oE Ws loao. Ie b fart6er apeed ch~t is tLe e.e~t '
.aid eowcn~cdoe i. na fuly oomplaed on or beEa~a ebe dace ~a~ed i. ~s Ca~ Losn o~ in ~e e.mc c6u c6e .rort on ~
said aoo~trneaoa ~baH aaie befors Eu11 oorapledoe aad sodi oasstlao ~baU ooodnne tor ~ pertod ~eo (10) da orif snb~tandd oondnooa~ ~
Pe~ea s6a11 not be made [n wd~ ooouruaioa. tben and ia anp sati eraot tt~e ~dd a~u w4 P~~PV mentiooed in ~aW
F~~7 ~~nd all mooia ~ecnred hee~r ~6at1 6eoome ~dw aad~ k fattiwid~ or t~erafoer st tLe opdon af iaid L ~
rbs esmt of soer oa~sdoo ot work n o0o truedoa
~pon ~ ooo~truedoa fo~ a paiad oE ten (10) dap, ot i~ sa~tandal eoudnoar propes~all not bs ~
made in suc~ ooo~trudiao, a alora~. tbe l~~~ae mqr ~t ib opelon enter into ~nd opon t6e premi~a and oompkte afd ooo-
stroe8on in wKb manaer as h deasa ~~Lsbk r~oot an~ ~nterfen~et h~eot tk 1~a~or; tbe s~i~
d~or~Ot Lere~ d~ ~ i~~i
~o tLe More~a~ee fup power aod autboritf ~o make taeti eatr~ inb aod t~poo nid voetp~ed a ema in~o w~L oootnees oe ae~
poo =
ransemeaa a mar be oeoa~ar~ to aompiae said ooatraceioo~, and a espeod so~ mooia nma~n~said '7,oaar i~ Peocew Aooamt' aod
in additioo any s~ of eoooe~ oaewarp to oomplas sald oaatroetios; and a~ aod sll moota apeoded bp tDe lrlortp~a in eooneetiea
wit6 s~ oaapkeioo ot ooounxtia? ia rsoaa of t6e mooia io ~aid "I.oan fu Proa~ Aoooaot" s6aii be" dded eo tie iaid prioeipal de6t and
~6a11 dnw Interat at ttie rtte ~roridtd ia uid ptoo~b~op aote~ snd s6d1 be ~e~.•uced b~ thi~ moe~e, aod ~all be pq~blt b~ tre 1~Iortsa~oe
oe atmanQ.
~K168 ~~.0~9
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