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Our file FS-16,391 ~
M~e~~~p~. Iw e~cw1 d/~nelw~~e ~Ai~ u~snR~R~ wd~~r Inn~fe~ d 1i~lt 1~ ~Ar ~w~rlt~a~d p~~peA~ ~a1~wR~i~An~~n~ ~M ~wA.A~-
ednha Kcuerd Atrrby~ •1) riRIN~ 1i11~ ~w~ ~aler~N ~ Ilw Me~~~~.te• ~~d 1+ •wr IMY?~Mt P+I~~iN 11ww ~w f~r.• ~A~11 pw ~+,1lK
~YK~~lf Yt ~f~A1K
(?1 T~~ ~~f~rn+~ e~mpl~ vith ~~a ~di~k ?r e~~h •11A fYf11 IM ~~QYI~II~M~ ~~r~c~w~~~~ ~wnd~~i~n~ awd •w.~n~wt~ u~d o~~.n~~w~f F
~N~ ~nd ~w ~Ai~ de~d w1 l~nh. ~
(il Tlu~ ~f ~ ~id ~um~ e( ensney 6~tt~n «~~s:-.' !a Le n:: pr~-.;~~ty and (ullr p~i~ rithiw Aftev~e d~1~ w~at
d~st ~M Mine ~eve~~ll~ berem« due ~wd pa~able. ~r if e~c~ ~nl e~~ry 1.1e ~~ipulu~eea, ~~~ceu.~nu. rqpAll~aM •wd ~~v~~ueu ~f u~d
{?t~u~i~~e~ ~ote ~od t0u deed. ~r ~ilhe~. ~re n~1 f~llr per/one~d. ~on~pti~d ~+it1i ~na .bidea Ar. t6e wiJ •=R~el~~~ ~~n~ise~J ~w
~iJ Pr~n~i~ory w~te ~11 bctome dr~ ,~a o.,.e~~ (~rth~+it~ w ~herts(~~~ tAe op1~~w Ihe \1~r~R~RK N Irlly •nA rwmpl~l~l~ Y
if ~I~e ~aid ~R~Rp~e •uu~ ~t •~~d p~ew~is~M wN~ ~rw ~ti~~n~lly slipul~td 1• be aiA ~w ~u~b d~~. aw~~hi~R i~ N~~ r~w+wr7 ~~s
w~ hercin tAe ~nntnry eNr~llut~ndipR.
1 j 1 TAu ~n o~d~r t• a~~•lent~ t?~~ n~uuritr ~f ~M in.~•e~e~~e•a h..esy ~HYft~ IMC\YN th~ f~ilure ~f IAe M~e1pR~r P~~ ~~1
1~s. awe?un~n~. li~~il~tr. ~b1iR~~iew l11fU1t1I~f~11~"! Y~1011 ~r14 ~rn~ertr. w bereiw {?~~vided. it ~hdl oo~ be nKSwhr N~•V~u~~e ~lut
dK u~erlr~R~• ~h~ll An1 p~~ tAe aame.
2. Tl~e ~lortg~6ee m~y~~ at hu optioo. aad withoat waivin~ I~i~ right to accelerate the indebiedoew henbr
~ecuced and to (oreclo~e the ume. p~y eithwr b: fore o~ ~lter deliagueac~ aar or all uf thwe ce~t~io obli~atio:.a
rcquirod by the term~ hee+eof to be ~~aid by the R:oct~a;,or i.:~ the pratectian ot the mort~aee ~teuritr ot for the eoUta ~
tion ot the indebtedne~a lureby ~ecured. AIt sum~ w advi~ced or paid by the «O[IG~bC~ ~ii::l be cha~~eJ into the ~
mortR~ge acceunt an~ beco~ne an inte~al part thareof. suuject in Ytl ~e~pect~ to the terma. conditioas. +nd covenanta
o! the afowaid pmmi.socp note. ~nd thi~ mertsa ga. u fu1:y aad to the w~e ~~tent aa thou6h • part of the ori~inal
indebtednew evide~c~d by ~aid note aad seeured by thi~ mertga~e. exceptiag huwever. that xaid ~um~ ~hall be Kpaid
the 111ortRaRee fo~thwith upon it• deu~aod aad be in addition to the nRula~ monthly installme~t~ providcd hy the
~nortR,~~e oota .
3. That tl~e a}~tract or abNraeu of titlt toverin~ the :.~:.;t~~~e.l prope~t~ sl~all at all tim~~ durinR the lif~ of
thiu ~nort~aRe. re~nain -io poa~es~ioa o( lhe MortR~6te and in rv~at ot the forect~~re of thi~ mortRaae or other tranJ~r
of title to thc mortga~r.l pmperty in e~tin~ui~hment of tltie ind~btcclne..+ ~eeured her~by. all ~iRht. title sod int~r~~t
o[ the 1liortRaRor in and to any such ab~iracb of title •half pi~~ to the pnrcha.e~ ~r gra~tce.
4. 7 ~ ihe ett~nt ot t6e indebtedn~ea of tl~e Mort~a„o~ t~ the MortRa6e~ dMCril~cd herein or seeured herebr.
the !ttortg~are i~ henby wbroRated to ti~e lien or liens an~l to the riR~ts o~ il~e o~.oen and holders thereof of eaeh ,
and ~ery mortg+~~e. lien or oiher incurnl~rance on the laad de~cribnl herein ~.hich i~ psid a~d/or Rate~6cd. in wh~le ~
or in pact. out of the proeeeds of the Ioan deacribed hereio or Keured h~rr.by. anJ tl~e ~p~e~ive lien~ o~ aaid mort• '
RaRa~. liens or other inc~~mbraaces. sl~all hr and the ~ame s.id eaci~ ot 1h~~n 6eteb~ i~ ~.~ervcd and ~hall psti to and i
he held b~ th~ ~iort~a~ee i~erein as ~e~curity for the iode'atrdna?. to th~ 11ortRa~ee herein d~ribed or h~~~by ~cur~d. ~
to ti~e ~am~ extent that it Mould have heen pre~erve+l a~d would have heen pawed to and Leen held by ihe ~1ori~a;,ee
I.ad it lxen duly and ~~Rularly aMi~~e.d. tran~ferred. ~et over. and deli~ered u~~to the MortRaRee by ~q~arate deed of ~
~Mi~punent. not..ith~tandinpt the fact that the ~ame may be ~ati~6ed and cancelled of ceeord. it beinR the intention of the ~
~~artie~ I~~reto ihat the sam~ will be ~atii6eii aod eanoelled of ree~or~l by the halden /hen~of at o~ about the time nf ;
th~ rra?rdinR of thi~ mortgaRe. E
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S. In the event the ownenhip ef the mortgaReu psenniw~, or an~- part tl~ereof. becomes ve~ted in a penon other ~
than tl~e ~tortRa;,or, the 11ort~aKre may. without nntice to ~e 1:ort„a~o~. deal witls such ~uece~eor or .ueeeywn in j
intere~t v?ith rrferenee to ihi~ deed and the d~bt luer.by a-eured. in th~ ~ame maoner aR ~.ith th~ ilonRa~~~ without
in auv w~r ~itiatin~ ~r di~char~ing th~ ~1oriRaRor
• liabi~ity herrunder or up~n the ~lebt hereby Keured. `o aale of
tl~~ ~~rr.mi~c l~enrb~ n~ort6a~rd and no torbearance on lhe part ef the \1ortRaRce. and no e.ct~o~ion of the time ior the
r~r~~~~•t ~~h~ d~bt h~rrb~ Keuretl Riven by the T.Zortga~cr ~hall operate to er.lei~e. di.ci~srRe. modify. eh~nRe or aBect
the ori~inal liabilit~• ot the iHortR~~or h~rein eithe~ in whote or in part. • !
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t~. Tl~. lien of thi~ de~ed KcurM snd ~hall co~tinur. to seeue~e psvn~~~~t of said indebtednes. o~ ind~btednesa.
I~~wect~ evi~~nrtd, whethrr b~• uid promi~sory note or aey reaewal or ~xten~ion thereof or ~ubstitute therrfor. or ~
otle'r~+i~e, until all ~ueh inJehtedne*+ ~hrll 6avt been fuliv paid.
I 7. I» Ilr~ ri~~itt t/~~ mn~t~n~ors s~lt, ~nnr~y or trans(~r lh~ mnr~~nG~d p~rmists durin~ fhc li~c o/ ~l~is rn~+~~~
I thtn fhis mnrc~n~t ~hr.ll. ~f tl~~ op~ron o/ thr A1otl~n~~t h~rrin. I,~~~m~ imm~drat~ly dut nnd ~y~tblt tor tl~t /ull su?» ul
thr p~in~epnl hnl~»-~ ni:d inc~.csl lhen dut.
8. The terms "~1ortRa~or ' and "Mart~~~Cee" wl~encver used in tl~is inRtrument ~I~all incluJe the hein. perwnal
rq~re~nt+~tivea. ~u~n and aini~ ~f tl~e ~peeti~e partie. ~err:o. CJhere~er u~ed the'ioRul~~ number sh~ll include
the plural and the plural the ~inRulac. snd the u~e o~ anY ~en~ier ~hall inelude all ~enders.
Si d. ~ealcd and deliv in he pre~eace of: e (S~?L)
, 0%/~,. .[~j-~-~ (Si/16)
STATE OF F ss ~
cou:~rrx~F ~ JOHB B. C~I~HOUB, a/k/a JOffi~ CALHOIIl~ and
Before ~ne penooallY :ppeared GBRTRDDB~ CALHOIT~ ~ h18 Wife ;
to ~ae well lcnown •~d fcnown to me to be the iadividuaL deseribed i~ and Mrho e~eeuted t1~e [oe~e~toio~ in~tsumeot. ~ad
ackaowledRed before me that they eseeuted the s~me for the purpwe~ ti~erei~ esprewed. W[ThES~ n~~ hand aod
oirial ~eal in tbe Counq and State la~R a(ore~aid t!w 2'~m D~ ot Apr ~ 9~
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