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. u~~ Jull p~~ ~11 o~he~ ~um~ p~:,c~cJ to b. o.W b~ v~ Mowpp? ~d ~b~ll per(orm, conpir ..~~I~ •nd ~~~de br e~ch ~nd ~
wet~ ~M M~puluan~. ~~reement~, eonditioe~ ~nd c~r~nu~u d rid pn~ui~wrY note •nd ol ~A~~ ~1~~~1. ~h~n ti~n de.d and tAe
atu~ lanb~ crated ~h~ll ceue ~nd t,s null •nd vold.
AND THB MORTCAI:OR doe~ herebr funAs~ eoreaant ~ed ~tee «:o!!ow:
1. Te p.r dl ~nd ae~ul~r the ptinelp~l ~nd ln~enyt ~nd otl~ wm~ o( moner p~)~blc br ~inue u( ~a~d orom~wo~ no~e
and tAM ~~np~e, or e~ther. promptlr on tM d~~ re~p~etiwl~ tA~ ~ma ~e~rerally come due.
2. 7'0 oq •II •nd ein~ul~r uae•, a~e+rment~, k~ia. IiabilUie~, obli~~ians ~nd encumbt~ncea oI e~ery nuure on wid
ine.tsed pvPenr. each ~nd every. rithin tM llme ~peei(ied ia P~ts~nph 6 belor~ and it ~Ae wme ~hall not be promptly p~id.
tM Moniyes wr. •t u+r tin~e ather betore or d~er delineryencr. p~y tAe wme tiithout ~u~inR or s(Irrun~ the opuon ~o [ore•
elw, ot anr ri~ht hereunder ~ed e~ery p~yment ~o w~ds ~hdl bea~ intere~t (ran ~he due thereot ~t ~Ae ~ate of 1 5re~cent
~
~ ~ 3. Te keep the ~uildinss noM o~ Aer~a(ter on wid l~od ~nd tAe liz~ures ~nd penon~l p~oj~erty ~herein con~~inco ~n~urcd.
` In • eanp~n~ or canpanie~ •pprored br lhe eno~t~~~ee, aR~ieri las hr Iir~ ~nd vinJ~lorm, ior 1he h~Rhest ~nsur~b~e ~~lue w
i. held b u~d be ps.~ble te wid
th~l ~h~ mot~p~~tr'~ ~nt~~~•~ r uot .uLj~~~t ~o ~-o in.ur~r.::, ~s:-! ~he (alicr or poli~its slull be
l n~ott~~see. ~nd the monR~Ree sh~ll h~vc 1he npuon ~o re~~ire aed •pplr ~aid p~yment on •f~'OURI n( ih~ indeh~e,ln~+s here~~ ..ti
~ steuted, or prrmit the mottge6or to m•ei~e or ufe il, or anr p~rl tberco(, (or •nr purpoxs ..+uiout therebr ~uvin` or im•
pairin~ lhq tauit~, lien or ri~ht under ~nd br ~ir~ue ol 16i~ mortRKe aed m~r D~~ce ~nd p~Y ~ot such insut~nce ot ~n~ p~rt
theteol ri~hout vaivins or a((ectins 1he option to (oreelose or •ar riRht hereunJer. ~nd c~~A ~uci. pe~m.ut -Lall IKnr inten~t fr~m f~~
date •t the rate of~rcent per ~nnum.
4. To pennit, commit, or w((e~ no v?utq unp~irneat. abaadonment, er deterioratan ot u:d proputr, o? •ny part thert-
ot. ~sd npw~ t6e f~ilure oI the Monq~or to keep the buildiap and penonal peopenr on .a~d propeny ie ~ood eooditan or re-
pslr, ths Nat~~ce may dem~nd ths Inunediau repair o( ~sid prpert~. et su inereue in the ~mount ot ~ceuritr, or ~he i~n•
wediate rep~~nnmt ot the debc hercbr ~ecnred. ~ad the tail~n ot tb~ Me~t~er to ~oa~olr ~.ith Nld dtmaAA ot tho Mon~yee
(or • petiod oI 15 dars. sh~ll eomtitute a bre~ch o( thy Monp~e. and ~t the option ol the Mor+Raaee. immedcutt• muure '
ths cetire aaount o! principal and iatete~t hereb~ acwred, ud tAe ?[erya~ce, immediatelr and ~•sthout notice. may uutitute
~ prxeed~np to (oreeloae this Monpae ~ad appt~ lor l6e wpolst~eit ot a Rtoeirer, u hereinuter proridcd.
5. 'fo pertam. eaaplr ritk wd .bids b~ ea6 aad we~ tbs ~tipnl~tion~. ~~reemrnt~, conditiwu. ~nd corenan4 in uld
ptoml~orl not~ and deed ~ec torth.
- 6~ To delirer to the Mortp~ee. oa or betoro F~bra~ry 1 sI e~ch ~r, t~: rreeipt~ e~idenein6 the p~~meat ot ~11 I~wtultp y
i~paed tua~ ~pon the sortRa~ed prapert~ for ths precedins eaknda~ ~r: to del~~ te tl~e Morts~~ee reee~pb e~ldeaein~ th~
~nwta d dl lien~ tor pnblie uepro~emeau witi~in Ninet~ (90) dap ~iter tbe ~+m~ ~h~ll besoae due and p.~abk, ud w p~~
m
er dbeha~e within Niaaep (90) dhn ~ttK dw d~te. ah a~d ~!1 R~~td le~ie~ t6at ~a~ b~ ~~de o~ tb sonP~ed
D~R1. ee tAr Msrtpp or note or is te~ otMr ~ r~w~kln~ l~ao tM artpse indebte8na~ ~ceursd b~ t6i~ ~io~a
7. ?o ~ll ~od do~~r tM eo~u. ebarpw ~s1 ~M? ~1~dl~i la~er
~ tea. re~~onabl~ ineurred or paid ~t soy
Us~ b~ tlr ~t~tpp~. b~ewM o[ t~ Lll~us ot t~s lbetppr t~ parto~s. oompl~ with asd ~blds b~ ~aeb sod eter~ ~he wya-
ynsu. ~ps~n. a~itioa wd co~+aaen ~t ~sW ~~ed t6i~ d~. o~ dt~r. u+d ~ve~ ~acb p~7mat ~hall
beu iatsn~t Ieos d~ts at tb~ tu~ of~aeut p~ w~. ~
A. '1'6~t Q~s~ ~aiw. K proe~cdia~. ~11 b~ oo~no~d ~7 ~ P~ ot6er t6as tbs bolder e[ tri~ ~ecys,~ (~apt
~ aetian tv (oneJas this sorya~e. oe to eolleet t~ debt ~r~ tbee+bf) to rr6kk ~uba. er Prxadia~. tM MW~t ot ~ar
monpp L isad~ • partl. or iu r6kL Ie ~hall b~co~u n~ar~ to detead, or up6old t6~ 11m of t6i~ ~ortpss, all wm~
paid b~ tw bolder of t6L mort~a~e (or tl~s e:psnr o~ ~n~ Btl~uien co pro~ea~te. or detead tbe ryh~ ~sd lkr aated bp
thi~ mo~t~a~s lladudlni reuonabk eoaa~sl (~a). ~6a11 b~ pald bp t~ 1[ortppr. to~ttba rith Iatuat tbar~sn. ac tL~ nu ot
~ rceat per annum, ~nd aer weh sum, ~nd t6e iatereat tl~ereoo. ~ball be a e1da~ npon wid premi~es. aed shall b~ de~ad w
n
~eeured b~ tbL ewr~~a~e. Tl,e ,um. pald br or ;neurred br ~be 6older hercot fn ~ceordaaee Mith the terms ot thu p~ca~ra~h.
~Il b~ p~id br tbs Mort~a~or uato the bolder 6enot rri~hin tbirt~ (!0) d~p. aad 16e fallure or omu~wa o[ tht I~ctµ~or w w Oo ~
~II aultle t6s Maya~es to ~dd weh ww w t~s ptloclM) IndeMedoer o[ thb mon~a~e and tbs neq !t Newa. wd/or u!u '
ptba dtclu~ tW~ eartp~e ~ed th~ aot~ It ~sc~ra w b~ I~ detsulti ~ereuPos m~tnrin~ aU oi th~ ospald isd~bud~er i~ehQua
dw wm~ dvasud 6a~sa~der. '
~
~ 9. 7'h~t no eztenuon ot che tims or modificubn o[ t6s t~rm~ of parment here~n..,ora wd 00 itIlaM OI asr QiK O~ p~~p v
j of tAe inort~Ked prcm?~-. eren tAou~h made ritboat tbs ea~eat ot ths ldottsasor ~ll eslease. rdiwe, ot di~eh~r~e tae
I , Mor?j~~or trom the p~rmrnt oI anr of ths s~.m~ 6erebp Meured bat !a a~cb e~mt tae Mor~Kor aball narerthele~ b~ WbL ~o .
~ p~Y ~ucn ~um~ aceordin~ to the terms OI ~YCI! O=1t11lIOO O~ oOdIIICil1011~ nnle~s ~peelt~call~ »lwed aad diahsr~ed In wnt~~~
~ by the 1ltort~a~ee: ~ad (urthermore. th~t acceptan~ of put papment o~ ~n~ Iost~Umeot o! prineipal or (ntereN. or ~oth. or o+
pan yerformance oi ~ny co~en~nt or delaf Ior aa~ peciod oi tiios in eserwins the optbn to maiure ths eauro arot. ~n~11 r.
~ operste u~ w~irer ot the r~iht to e:ecute ~uch opuoa or act on wch detault. panld acceptancs or ~nr wb~uent defaul~.
~ 1:. L'ntil def~ult in the pertormance of t6e cone~ets ~ed a~eem~na of ehb Mwt~a~a t?e Mort~o~ ~!1 be eailuea
to colleet tAe renu. i~wa. and Qrofiu iran t6e premi~ 6eninbetoro dwcrW~d. bnt te cus ot a detault la an~ o( tee :erm~
~ ~}a Mon~Ke. or tlie (ilin~ of ~ b:U s~ toradwe t6it or ~nr otha sonsap encumnenns tbe .wnhin da~enbed propenr, u.~
!1ton~ee wall lmmed'utelr and witbout notlce be entitl~d, ~ a~uer of ri~ht, and ~rimo: rcprd to t6e ~dw ot th~ prcmu+s
~ or wlreacr or io.ol.en~~ ot !he oare~e.. r~ ces appoiutment oi a Reeaivet of t6e montyec propert). lwth red ~nd perw...:. •n- ~
oE toe renw, usues ~nd profn~ tnereof, wuA the u~ud powar ot Recet~as in ~uch c~a. uid we6 Recenu ma~ be c~nt:r.~e;
?n po~se~uon o[ the ~aid property un.~l tne ume of tAe ~ale thereot, uada wcb fore. ~w.ue. ~nd untd ths confirmuion ~t su_t
1
wle by tiw Court. 1
' 11. !t (oreclosure procecd;uKs ~r.~~ r?e in~tuuted on anl aortp`s infetiur ia.a mortr~e or i! •n~ toreclw_.-
ceec.n~ u insiituted on ~n~ I~en ut •nr lund. the mort~ee s~~ u iq opuon ~mmeoiate~~ or theraftcr aeci~re t~ rt:~iti~i+ ti~
•r.d tne indeLteJne~ ~cc_•e• r•-••~; 1ue •ne p~rr~la 1! there u u?y mort~sis s..;er~ w i6u mor~p~e. the~ ia~...- .o '
~.ic moit~~~e ..hca Jue .n,: a_:o,.la:~~o M.:d terma or fail~ue to ~ide Lr tae e: in ut ~ud murtpse ~h~i~ :.e ~ceme~ •
b~eaen of thu monpp ano i6o .,~o«`.r~e ,u opean m.r ;mmee~e~r o~ we~.t«< oK.are uuw morc~ ~nd uN ~naeLcc..nc.. ~t
Renbr ~ecured due ~nd p~raLle. Anv ~noJitic~tion ot ~nr mortpre ~upetlor to th4 mort=a~e or w~iru ot ~ur prixiD~l or intereu 1:
ea
paYma~u on any note or mor:~..~e •uperior to tAir moR~e ~ll be deemed a Dtca_= t:•~e :e~tw ~na cOVep~nl~ ol iase
~ uo eu~ awnp~w bi:~E m.r te op~ion decl~n tbb oort~a{s aod tw la~icuee_..~.. »..:~.a ~e~.br du• u~o ~.r.~~e ti^
T1u~ tbe msaln~ of a w~rltten aotle~ ot d~a~d. sddewrd N tv ownw ol r~aed ot t4e mortppd pspaes. a:r.c~aJ
~ 1 ~o w~d o~..r u~bs l..e •d.,r~.. .c~wllr trru~.bed a cA. M~tiyr. or dlneua to tb~ N1~1 a+wr st ~ud ~on~es ~ cr
~ ~ ~W~ ud osUd ?r t6~ Ue~teu ~tat~ ~ai4, ~6.11 b~ dlkJ~t aetlo~ ud d~aud la u~ aw arwn~ usds dw Irtr~a~ u~J
~ ! nqwrea br tbe peorbioro I~ercc ,r ar l~w. -
' a. Tbu :n tbe c.en: the ~t~n~~~or d~outJ wi~n the reaa ot tne m~rtp~ed premua ~r n~ p~R w~reo. ~
s~ eoa~sot ot t6~ +lonp~ee. tl.en the cntire princip.l .~m .ecYred hee~br ahall. at lhe optioo o( tn~ ldonp~a. b~eom~ wmed?~ir
a~ aiw pa~aLl~.
3 ~ --l L~ '
~ ! lY. 7Y {Y~ ~~CQ~ aU{iC:I«W/CM tne Mur~µ~or to the N~rK~~ae od_rw«. ncre.~1 4~ KC4tiY ~RR~~. 7.~ ~•7
is 6ereb~ wbroptad w d~e I:a or I~en~ ¦oJ to tbe ry~ba ot t4e owuen sou 6o1Jen tuerevf o! e~u. ayd arery m..r•.a.~. lscn .,r
~ ~twr wc~l+n~w o~ tL~ l~ao aaiuibed bsrw w61c6 L~ ~wd/or ~atM[wd. i~ ~oaM or 1~ psn, ow d tlw ~rxab ct tw .w~
iw.~ Iwrw ~r wau~d 6eceLy. ~aJ th. n+v~eUn IiNa d ~sld rniyr. Ihar we~~w~. ~11 bs u~d ..a»
wd A.~.b~ N.ar.~d a.a .b.tl V... a..d 6. W~ yr Monp~w ~w ....a~riq t.r ~b. f~.b~cd~... a~b.
~(~rt~~ htsaio Jacril,ed vr bue~~r ,ceureJ. to t6e ~ws sslt~t that u rould Iww b.a pea~rfeJ wd wodd b~r~ beM p~wed to
~ vd bwa ?da b~ t6e Yarp~ee 6.d i~ I,cen dulr aaJ e~e~l~rl~ ~.~.ip~~d tr~n~fcrrea. .et u.er ~nJ deG~erod ~ato the Mort~a~ee Lp
wwtM~ bed ot wirmm~eut ~wtwi~hu.~~J~or tl~e t:w~t tlut the wa~e s~~ IN MtirlieJ anJ uncclkJ ot itcwJ. k L~ia~e ~he intrn~ion
ya of the p~r~~a hcrcto tAat dN: a+nK: w,ll ~tu(ial ~aJ unodkd o( recotd L~ ll~ lwlJcr• d~rtcu( st ur ~Iwut Ihe Un~r • e
a rccorJia~ o( d~is IYturtgup~.
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