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Home My WebLink About1451 . - - - _ - - . l. To pcR dl mid ain~ular t1w pciadpal ~d 3at~rat m~d othK sua~s of moa~Y PaYab1~ bY dctu~ o! ~add pcoeniyosr a~t~ cmd fhis dNd. ~~it6~s. p~o~aa~ptl~ oa t6~ daps t~'ti~T t6~ ~ M~Y b~oom~ dns. . Z!o paT dl amd s~aqul~ tbs taucw as~wsa~nta. 1~~. Babi~itlva obli9atioo~, ~rd bcamow od rr~rt aahw ca ~aid dMaib~d P~ra?P~rt~t. ~cceb m~d ~d if tb~ aaaw b~ not pe~o~dt ~md !h~ said D~o~tqaq~~R. thei r~.i.~ l~qad r~P~~s~IItatl~M O~ mdgas. a1Ry at Qpg l~m~ par d~ ~am~ wifhont wai~ or ~cti~g th~ opHon to ~os+clos~ ot cmY rlght horouadu, aad paYm.at so mad. .haII b.~ ;nt.r.st lromn tb. dat• tL.r.o! at l1~. ra~. v~..14__p~s ows, p~r mmmn. 3. To paT a11 amd siaqul~ th~ oosh~. ch~qes amd sup~, iaetuding lawy~r's f~w r~aaooablY iacutsed ot paid at aat tian~ bY smd MorbgaQNB.. th_e i r L~~ ~p~s~ta~~s ot cadga~, b~causs ot th~ ~ailvrM an th~ part of tb~ ~md l~ortqago~. 3b sucw~¦so~. legQl caP~~~~s or m~igm~ to p~rjo~n. complT wit6 aad abids by ~ach ~d t!~ stipulalioas. ~grMm~nb, coa. ditio~s ~d o~~b of smd pcom~sy neot~ aad tbis dNd. o~ eith~r. aad ~~~rt such parn~t ~hall b~ ~ fr~s dat~ at t1~ sat~ ~ 10 p~ c~t. p~ aanum. 4. ?o la~p tb~ buildiags aow a~ b~nadt~ on said l~a~ad L~ur~d ia a sum not Iws thar_. full insurable value ~ Q ~~T ~ ~ ~ ~ ~ P~'o~d bT said ~oCt~aSe~-.. aad tb~ Pc1icT o~ Pofici~s b~1d bT am~d parabt~ to said Mo~lgag~~.s. their ~ ~1 ~ ~d ia th~ s~ent ~ anm od mo~? beco~s PaTQ~ ~ sach P~T ~ Poltd~s. tl~ M+ortgaq~, h; r h•~••~ 1~qa1 r~p~q~nta~ns vt ~i9a~. sha11 hans th~ optioa ~o rso~i~e ~d app1T ~ a~~ oon aooownt o~ tL~ iad~bt~daaas bT ~,vr~d o~ to p~nit tbs Mo~tgagor b srooih m~d m~ it or ~ pm~t tl~er~of ~os ot~ pu~pow. wit~otit ~bT ~rai~inq o~ ia~panring aaT ~quitt. 1i~ a~ ti~ht tmdu c~ bT ~islu~ d thi~ mat- Q~ ~d ~T P~ ~d PaT ~ stich ia~ur~c~ os aaT par! t6u~ without Aa~iaq oz ~ting t6~ oplf~on 1o ior~clon o~ ~Y sigLt ~Swad~r, amd ~ach ~d r~ anch pa~at sLaL b~ ints:w! kom dat~ at th~ rat~ of 10 ~r c~nt p~r ~anm. S. ?o p~a~iL oommit ot aiH~r no wast~. impairm~nt o~ d~t~rioratioa o~ aaid psoprttp or ; ~TP~~ i 6. To p~slo:m, coanplY wit~, cmd abid~ by oacb aad ~nzY tb~ stipulatio~, ag~b, co~. ditioos msd oo~~~s 3n ~aid pe~omiracT pot~. cmd ia tLi~ dNd Mt io:tL. 7. 8 mtt oE ~d su~m~ aE mo~Y l~in rsiesred b b~ not promptlT aad fuUY paad witbia 30 : a••;• asxt aft~ tbe ~mas av~ral~ bsooms dus ~d payabl~, or if ~ach aad e~~ry th~ I~' diPu~s. a9r~unls. oonditioas ~d ~ ao~enaats of uud promi~sory aota_ amd t6is dNd. o~ rltLer. ~ aat fiil1T Putorn~~d. oompii~d wlth aad abid~ bT, t6~ uad aggr~qat~ suat ewatio~d - in ~aid pcoa~orT mb_ ~11 b~com~ dw aadpayabl~ ~o~thaitb os tharsa~ft~ at t~ optiom ot t1~ Mo~tqaq.~~ their 1~qa1 :~pnMntatlr~s or asaie,~, as lull~ amd complst•IY os if t1~ ~d ~gat~ sna+ - - - w~e+~ ~T b b~ Paid on such da~. ~~th~g ia a~d promi~t aob_ or L~+~in to tb~ , cooh~T nofiw~~ding. Qi WRNES3 W~OP, tL~ aaid p~atY ot t1u Srat pmt has oa~wd t~ pr~nb b b~ d~d ia ib n~~ bT i~. Exec _ Vice ~ (Co~pa~ah Pr~nt. ~d ib oo~pos~at~ - ~id to b~ af~ad. (S.al) ata.e.d bT - 4.a.ka~r d,. da~r cmd ~r abo~s w:itl~a. S~a~loaT• ~ ~ ~ ~ ~ GENERAL DEVELOPME[~iT CORP TION _ _ w ~ ~ _ f ~ ~ ` • ~ ~ ~ Executive V~(~s~ ~ v~ ~ . w'• l ~ ~ _ ~ ~ ~ ' • , _ ' ~ t t: S. i ? ' S ` C` z'rl ~ v ~ ; 4 ~ f ~ooR ~r~~~~ . t- ~ c~ fy ~ t ~~~ry-=• ~ _ _ - - ~