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and ahall perform, comply witli and abide by cach and c~c?y the e~ipnlations, agrecn~ents, condition~ :~nd coreaaata of
aaid pmmiesory note and of tltia e~ecd, then this deed aad the eatatc tteereb~ createyl shdl ceasr, :ad be aell aad ~oid. `
l. The Mortgagor hereby covenante and agnee: ;
To P~y all and sinaalar tLe PcioeiPal ~ni intaeat asd ot6er snms oi nwoe7 W)abte b~ rirtae of said pe~omiasq oate ar.i tl~is
dee.d, or eitber, proaiptiy oa the dar reapedt~d~ tLe a~s se~es~U~ beeomn due. •
(b) Te Pe~mk, eommit or sottec no aa~e imd a ~raiatda tLe ianpcesemeau at all ~i~s in a~tate of soed repa~ aod e~ndi~i~e; ui
to do or pamit to be done t~ said ptemi~es ssWio~ t6at will dtee or elwnae tbe r~e snd el,araccer of said propat~ or in w~ wa~
impair ar ~veaken tbe seearity of thii mort~a. And is ta~e ~i t6e refus~l. oe~itet or ~naLilit~ oI tbe Mod6a6or ts r~pair sod maintaia
said propertr, the Mo?tsa6ee sna1. u Li~ optton. make saeL repairs x carue tbc bame to be maJe. ~od advauee mone~s ie that bei~alf
(c) To pa~ all and sinada~ che a,~es~ ss~, (e~ic~, liabilitiex, aed sbliqtio4s of evet~ oature on said deseribed ptopsst~ eaeL
_ and e~cr~ xhea doe and parable aeeordio~ W 1a~r, befera tl~ breose delinqnent, and to delivcr to tbe Mortsasee on or bef6se MaceL '
15t6 of wc6 year wc reeeipts e~ideacins t6e paymeat oll 4wlaUr impo~ed t~es [or ~be preredin; wlendac year; ta indemnit~ the
~[ort6a6ee upon 6i~ demand (or all wcu, as.essoieota ~od ebar~« thst ~ar be ,u}essed apos this mortsaae oa ~he indcMedr!ew seea[+a~
hereby~ and paid b~ t6e mortp6ee, ~rithoat reaard to anr law 6e~rtefora enaeted sr hereaher to be enactat iaposinR M)ment eI tbe
w6ole or an~ put thereot npon t6e Mortaaree.t
td) To pa~ all and sia6ulir tLe eods. charaes an~ Kpea~ea~ yududin~ ]awr~rr tees rm) ab~trart eoat~ ~eaaonaLl~ ioearrcd or pai3 at
an~ time b~ t6e Mon6a6ee betause of !be tailare on t6s p~tt of the Mort~ago~ ts periortn, eomply with ~nd xbidc 6r rxh and ercn •
~6e aipnla~ions, a;rce~cn~a condi~io~ ond eore~wiN~ ot eaid ptomirterp notr and thi~ a~oHRa~e or rither, ~nd errry ~u~1i pncmeot rIu]1
bexr iutupt trom date at the -rate of ten per ceotnm per annues.
(e) It is turt6er co~eoanted and ~~ed b~ ~aid parties that is thc e~ent oE a auit be~i~~x iu.tituted to foreelo~e thi. mor16.~;,e. the Med-
p6~ ~1 be eotitled to aPpir at an~ time prndins web iot~edosare mit to the rorrt t+xviag jorisdietion tbereot for tbe sppointmenc
of ~ reeei~a of all ~nd sin6nlar tbe ~~ns.s~a ~~y, ana ot all rent~, inwmu, pwfit~ iswes snd recenner tl~ercot~ from w6at- -
soe~er sonree deri~ed: and thereupon it L heteb~ e~pre~l~ tercoaMed and sErced that ibe Coart chal! iocthwith appoiot w~h raetcer
~rit6 the usad powrers and datia of ceeei~en in like eaiea; snd rwid appointment ahall be a~ade bJ t6c Court u a msttcr ot uriU ri~t6t
to t6e Mo~sasee, and wit6oat reteceoee to tLe ada~uae~ or inadeqnac. o[ the rdue oE t6e proprn~ herebr mortsased, or to the soheccy
o~ :nsohener of t6e Mortsa6on oe any ot6er patt~ de(endant to -uch eniG Tbe MortaaEor hereby specifiall~ xd~es tbe ri~~bt to obfed
to tl~e appointmeat oi ~ reca~er as ~teraaid ani 6e~eb~ espte~slp tonsent~ that iarh appoimmeat rlwll be n~ade u on admitted eqaity
and as ¦ m~tta oE absolnte risht ta t6e Mo~s~ee and t6~t tLe same m~ey )ie doae withoM notice to tF~e Mort6a~or.
~f) It foredocare proeeedinp nhoold be imtitated ~aaimt tLe prope~tr rocere~i br this r~wttsaae a~on an~ ot6er 1i~n or ~Isim ~r6etLsr
slleaed to be a~perior or janisr to the liea o[ thi~ mort6s~e, the ~1ort6~~ee may at i~it opion imrurdiatelr upun institn~iod ot wrL
~nit or darins tbe pendeoc~ tbcreoi deelue tW~. mort~e and the indebirdnet~ seeared I~ue6y dae and pa~~abte forthw-ith and ~ st
its option proceed to foreclo~e thi~ nuertsase,
~6) ThaR tbe Mort6a6or ~vill keep all real aud perwnal propertr nuw or lecr.tikrr eecumbercd by tha lien ot tLi~ mart6a6e insured
as mar be reqnired trom titoue to tjuue by t6e Moct~a`ae a6aia~t lo~s br ('ve, Mindatottn and otber 8~zatde, rasnaltia and c+QatIn~cncies
for aQeh period~ and for not )taa tlun sueh amoants ai ma~ be required by tl~e MortaaEre aad t~ psy promptlr when du~ all prneiam~
for rach insnranee. TItE suqo~lAtf Of l'nsnrante reqpl~ed L7 tLE ,kort6a6re~ rhatl be lI~! nu~imum smounta !or ~.hich said i~enranf+e s!W!I
6e ~rritteo and it sLa1t be iae~m6ent npun t6s 11[oetaa6or te maint~ia ,nrh additional iruorariee as ms~ be neresssrr to aseet ~nd compl7r
E~7 w~~b ~~~*~+te req~oremeote eo~ained in eaid polieies to ihe eed tbat ~he said ll~ort6s~or is aot • rainsoror ~hereou~er.
ioRarinee shall be vrritten b~ s eompany or compaoies spp~o~cd or dr,iRnated b~ ~he MortRaRee aad atl policiea and renev~alr thereef
~:hal! be held by t~e Monsa6ea ~1! ddalled desiaoatiuns by 1bc AfartEa~or whirh ue a«eqed b~ i6e ~ioNSaare .~~a all aareeiarMs
bctween Mortsa6or ~nd Mott6~6ee rdatin6 to inanraote. np~r eiiatinR or I~ereaftr~ made, ahall be in ~rritius and ahall 6e a~ntrt o( tiw
mottaase a~eement p fall~ aa t6on6h sct fort6 ~erbatim betein and ahal! Xo~ern both Mrties 6er?to and tbrir sutreswr~ and os~i6m.
No liee npon ~ny of said policies of iasnranee or apon aey ntqnd o~ retvrn premium wbich .oar be ~.rable on ~he cancellstioa or
tKmiwtion d?ereoi, shall be psen to othu than the Moct6aaee, e~rept b7 proper endon~e~nent afrsed to wc4 policy and appro~at__~r
~a~6~6a• ~b polier at iasnranoe ~all ba~e atfized ibereto s Vaodud I~iew York .~[oc~~a6ee Clanse ~rit6ont Coatribution, nlakin;
sil lo~s or loMes nnder weh polie~ p~yable to ~6e Yort~ee u ns interesc mar appear. In the eeed ~ny s4m or ~ums of uwnny berome
payable thereander tht liort6a6ee Ehall ha~e t6e ~plloa b reeeiie and appt~~ ihe rame an accou~u o[ tLe iadebiedne~s herebp seewed, ar
~o per~nit ihe Mortsasot to mei~e and w~e it, or ro~ part thereoi. w~ithout th~reby waivi~R or impaetin~ ury equil7. liea, or riRht
noder and b~ ~irtae of thia mortRaRe. Ie e~ent oE loss or p6Ysi~a1 ~lama~r t.? the ~nor~~s~cd ~rropair !he ~IortRaRor sb~i~ Ri~e im-
mediate noti~e thrreuE by wail to tl~c Mortsasee atwl tht .l~iod~aprc n~a~• n?al~c ~.ruot uf loss if t6e aawe is uot nrrJe prmnptly b~ Ihe
~tort6asor. In e~ent of foreelofsre of ~his n~ortsa~e or otLer ~ranrtcr ef title to the moit6a6ed p[opetty in eatin6ui.hment of 12u
indebtedneu ~eenred hereb.~ sll risht,~title and interat of the MortEaRor in a~xl to a~y insanme poUeies thea in force ~hall pa t~
t6e prrcLaaer or arsmea ~
~
l6) To perte~ compi~ nftL aud abide b~ aeb ~ud cncr~ the st:~wlatiens. s`reeoeaa, e~nditloa~ snd oo~eo~ets in said promtwoq s
note and in tLis wortsa~e set ioet6. _
That if au~ ~E said .mu of mane~ Lereia reterred ta be rw~ ~Kemplr and faA~ p~id writhis O- da~s s~t
aher the aame ~everall~ beeumes dne ,md pay~ble, or if e+eh aud ~~erT 1be ~ti{wl~iona~ a~ree~eou. eo~ioas ~nd ceseeaats ef wid
promissor~ note ~od t6i~ m~rt~e, sr eitbct, an ~wt futl~ petfotmed, romplied ~?it6 and aWdea b~~ t6e srM a~Lrsdate sam menta~ io -
wd promiawr~ note a6all beeoeve ~ae ana p~pbie torthv+itL ~r theceaha~ .e s~e •pj.. et ~e ~.rtiaaee t.u~ ,na ~o~dad~ ~
J t6e pid a«repte ium of said promissoq wte rra~ ori6ioally :~iprlated to be patd oa s~e6 da~. anft6taL in said promitwr~ note
ot 6ereiu te t6e eontr~rp notwritb.taudina, -
(3) T6at in order ts aeeelerate t6e m~toriq e~ ll~e iodebtedne~s i~erebT secnred~ becwae et t6e 4ilnre oi t6e ~dort~asor to pq aa7
tu. auwmeet,liabi~i&~, oblisation or eoea~abru~ee npon ~a[d pcap.~rt~. ss huein pr~~ided. ft s6a[[ rat be necessarr er eeqaisite tbst tlre ~
m~rtpsee sbail 6nt pr~ the rrme. ?
2. It ie specificallp aareed tLat time is of the e~aeace o[ t1~is cantraet and tlut no ~aiver of any al~li~atioo hero-
under or of ti~e obliaation eecared herehy shall at an~ t~a~e t~ c[ter 1?e li ld to be a w~i~~r of tl~c tcnaa l~ereof or of
the instrument Eecured her~by. ~R
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