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- ~ . ~ . • - . - ~ ' . . . . ! :'iW kT..E 8, vaw a~Eiwh i~ tL. parfamo. a~ ~n~i~a .,od aE dii. ao.q~p, di. .iall b. .a~d.d to coil~ot t~ r~As, iww md proA~s 40¦~ t6~ pn~nt~ ~ d~d. ~at i~ ~~~~~cE ebr ~a~r~ dii mo~, ~d dr aF a bA ts 6a~doN fi~i ar~r otMr ~o~oa~C~ p+oprety. M~oaieUoa i~i dd witfia~t noti~o~ be ~a~tlti~d to dM ~ at • l1~oMw~ af tl~ ~no~edp~o~t~r +md ~ of dw r~a~ i~e~ ~nd dMe~ wNti.dr v~! af ia ~uob aw„ and saoh Aeoeive~ a~ap b~ ooat~lsird ia po~ion af dw rad peop~ty a~ ed t~ a4 ~~th~eo~f v~~ie~ ~nol~ fo~w~n~ imd u~1 tl~ oo_~oattbn aE sush ~4 b~i tbs ~et = • , . . ° - . , the .rrl~s coosart~AsrocLtloa, and ~v~ont ~ ia oR a~r Iwt t~c~eof. ~ reaul~r b9r ~+~o~ of tbe ~ Assod~tioa c~+e~bed ~sid pt~irory ao~~ imd tt~ tbea. +md is that rveat. aa~ at d~s apNon at tb~ Moaf~?tjon. nnd w~ont aotlos~ ~ a~r at mo~a~y ~e~med ba~b~?~~il~e~a~? ~d tooa~read~r wltb suc~ ~vey~o~ b~oo~ne dw ~od p~yabk and i~? d~l~ Tb~ A~rod~tiaR mqr dal wlt6 ~roorors in ipt~ac wltL ~eie~euc~ ~ tb~ ma~e ~od eLs debt sean+ed i tb~ ,~m. e~m~ a~ ~ a~. a4oe~oe~, .~a a~sp ia~b~r tio s~s ar m.y e~e.pd tlms tar pry~oent of t6s asbt, ~ ~e6~?. a~ec~r~s a~t w~ont . a#~ *~X ~~~7 cf t~ m~oe~o~ Le~e~dee v~ n~ tbe debt ha:eby ~~ed. TLe A~odatlooa~de~1 ~ t~r Lioetap~o~t andla w~ wooea~e~e in inb~at wld~ reiee+enw ~n tLi~ b~ bY ~ebe~ ~ee. ex~end~°8 d~s time far p~y~eat af tba debt, pe~ovklbg ta d~fae+eat prymeott aod/a a ~a~ert ra~0. ~a?d_ b~r cd~r e~eN aa~a~t~oo~ af,tbe contrac~ wkbout wY pi'°~it~' tbe Aa~od~tim 1~ a!Mae ~r ueoet~ee~ a)ie~at oe boiders a~, ~~nior inEet~lt ia ~di4 prope~ty aec.'u~ed 10. 'i1Kt in tLs eveot tbe ba~1~r a oqy a~~eoE~ ~D bs ooodema~asd and taleea fa u~e , uackr tbs pow~ec of ~ao~inmt d~A~od~tbn~s~l~w tbs ~ an~nd dpt alt d~maga awarded ~oc d~e h~cf or d~a~ !o a~d peaoMe~ ~ b~ paid ~o tb~ Awoc~tion, ib wooa~as a~r np fi~ t}~e aano~mt nopaid op tWt mo~t~e ~md may be spp~ied npm t6e iatpwnt a P~yraeot~,la~t P~~?able d'°~son. 11: It i~ spsc~io~IIp a~,roed t~t Mous i~ t6e, e~~~oos oE ebi oontraet and d~at no w?aiv~er~ of aay ob~ig,~eioa bere~sdec. o~ of tbs ob~tia` seoia~sd Lereby ~B at aep time tLs~r b~ I~eid t~ be a waMer of t1M ~ms a af the ~ secu[ed 1~~eby.. 14. faiedo~wu~e peooeed~e of _ au~? ~eoaed e ot seooad t~t deed "oe aq~? f~mioe liau aE anry Idad ~6ou~d bs iorti- cuue~d, tbs ~podatiQn way at ib cption, ~eiy ar dsclats dds n,o~.~e aad d~s ~ sec~~ed Lee~e~r~? doe sad piy~bla ~ - _ _ . . •19. .1b dM aac~er~t af d~e inde~tedue~ oE ths ~![eet~gees to tl~e Aato~tlo. d~a~ed ~ein a'eex~ed tbe A+so- datio4, iR h~reby wbro~ed t4 tl~ lM~ ar Lem wd to tfie af the ovvnees and b~ldats tl~a+eof of ~ch aod~wr~ ~~0. Ika a°otber a~cumbnnos an tbs Lnd dacc~ed bee~ei~ wbichic~p~id ~md(a} sati~ed. in w~ole a~ in part. vat af tl~e p~oo~ecl4 . o er of ths 10~o dakxibed lreeda o~_~ec~ed beret?y. aad tbe respectiv~ liea af ~aid moet~py'liea or od~er enairobnnoei~ cc~ ,~nd. bs 1,eW by t6e A~oc~?tion baei~ as ia~ th~ i~debte~na~ to tLe Aaocf~tiew 6eeei~ dareribed cr l~e~~sbp ~ t~?e samc ~t d~at it ~rvuk~ bav~s bean pn~ snd w~a~ld bav~s been po~sad to_ and 6ee~s lrcld_ b~? tLs A~oc~Ltios b~d it been dul~' and nguLrl~' a~si~o°d. ~ared. ~et ar+er aad d~ed tmtiu tba A~ocL?don lry ~epatsbe deed af ~enaart, aotw~nd- ing tbe fact tL~t tbe ame m~r be sat~e~ and o~noe~sd af z+eooed. it bdng tbs i~eotioa ct tbs p~tias bei+eb dart tbs t~ms x~ . be s~ti~8sd and amoa~ed af reooed b~? d~s ~alaees~ihaeaf a~ oe ~bout tLe'tians of tb~ m+oedi~ af tl~ moetg~e. - 1!. 1b pay all and s~uMt d~s ooq~; ~dMtse~;~ad e~cpe~ ~ 1~?wyat~~ t~. ~xred a P~id at aq? t~ne .b~? the Assoc~tloo, ueaine of a~e f.~un. of tba ~«t~.~ to pe~faea~, ooa~j? wkh .nd~ eaeh ~ot+a .v~eq? ~1.- tioo:, agreements, oao~tiam aad o~enants aE said promirory note oad tMe deed, or eitha, and eu~eey s~eh papment ~uH be~r - int,erat fra~m date at the ra~e :b~ted ir? tbe nots secm+od ba~ebq?. 15. T'hat lie wllt oomm~, or. ~ no wa~ta, imp4irmer~ a detdriaat~oa af ssid P~'Of~Y a' ~Y P~ aad 'm tbe Cvent of tbe af tbe ~oetg~gr~es to Iaeep tbs buildung,s m aaid~ and tbose to bs a~ected eo said premi~es, OE ar impravm~ents dieseon fa ~ood rspair, tbs l~oaiatioa may msioe awl pay far w~cL as in ~t ~ae~etion ~ a~a?y deam _ ~ _ f~0! ~LQ p[O~CI[ d!0 ~OO ~~EOEs ~ ~ ~ OE i~ ~~ER1~ ~~~~lO~~I ~1~ ~ ~aA~ ~at d~e optian Aaociation ~ P'~Y~~. P~Y~~ ~ t;on may debe~mioe, and ev~eey mch Pa~ment s1~aD beiar ~ fsaan d~ts at tba =aea shted ia the n~ote sen+~ed ~arebp. , 28. T~rt if aie A~oc~ioo ana tbe Maet~goes sg~+ee„ the a p°ib~' at pa~s oE i~a":"a°° 'ip°" tha~r livas in a~ ~ eqwd fmra timt to t~ou~s ~ d~e ganam~t of ber+ebq ~ec~n~ed, mvc~ ~&1-~odadon baaeEi- r;uy tl~re~mder, and tLat t6a ~aid As~oc~ation mqrp~y d~e gemiunos far wc~ ~wuanoe the efrent the ~gars cb not). and add e~ snch p4yeae~it ~o d~e b~mos a~ tbe ly~m.~ a~ af d~e 8~t dap af tbs, t~a a~t maatl~ ~ad it sb~II beca~oe y~ addiaoad ~ secwred ~ ~II~ P~y~ ~ ~ . 17. ~a~t ~ tbs ev~ant that t1~e moctgsga be ~ren t4 sea~a a o~on bm, ~ailure en tbe p~at af tbe Matga~ocs or their eootraceo~s ~o oompiebe s~id bni{~ iu ~oooid~os with Qoo~euoclaa Lo~n A~em~nt. af uven da~e h~th, ar ~o b~dkl ; said oa~truocio~t ~ aooae+danoe witL pLns and spadBoa~ ${ed wlth dis li?sod~Hoa, fiaIl eo~aditute a be+eaeL of t~s matgrga ; ~a, ~ ~ ~ ~ ~ ~ «~n~ ~c ~ ~ ~,a ~c ~,y,~tia,oa ~u. E r;ation miy ihmmediatoly ~e p~ooealing ta iaieclae thi~ mort~a , - ~ 1& 'tLat +tbe abstract a~ abstracb af t~de oov~xh~ tbs mrxtg~ g e d prvpeitr sbsll at ag tit~„-dadag tLs Iife af tLis ma~t- ate, re~ia i~ t~.? por~e~ioo o f the A~tim ~d i~t ibe ev~eat a f t h e i o r e d o w r e a f t h i s mat at a t 6 e t ~ a f t~ 1 e te ~ ~ ~n'°`~~ a~ ~ ~ n~pws m ~ p~ ~ ~ ~r. ~ an~~oe~e.c ~ d~e M«~ ~n ~ 19~ ~e AsodaNm ~ bav~s d~s r~ght, ~~S dba+etjoo, to requif~+e t~ot tbe Maetga~oes pap i~u tbe ANOdatfon in addi- ~ tion bu the moothty ~ts af pdneip~l aad i~a+at M be paid by ihs Maetbagor: undar tbe nooe ucue~ed b~' t~s mat~nn~e~ ~ an ~n~ual•to apatw~eiEit~ af the a~wl ~ts af aay ta~s on t~e prembes kviai or aqe~sed by r~y ~ gov ~ ud costwdit~ of ~e annnat pre~iiimn far Fire and Eax~Co~verage inauranoe an dio mo~tg,~ged mn ~ ~as` r~q~+ed by die A~tion, Aad tbe Mortg,s~g~ faihs+s ~o s~alaa ~neL paymenb s~ ooa~s a debnk un~ 'alaf tga~s. , ~ n~ ~V~1~ -~"W~`iBREOF, che said Murtg~gaes bee~euMo ~et d~ir Lnqa..nd ie.l. tbe aap ana ywr ~sc .boMe writEa~. C - . - ~ s;g,oed, seatea .pa d~h?eeed in tbe p~~eseooe of: - ~ ~ E ~ s ' ~ . . . ~ . . E ~~i ~ - - - - _.fi_ - '#.~($BAI+) _ _ ' ~ ~ • _ - ~ . . _ ~ . _ ~($SAj.k ~ , , . ~ - s _ . . . . : , . „ _ { ~~~~~SBALj • . Tersoe ~ . . • ~ , . ~ L ~O~c 1~ MI~E ~ . , ~ . ~ i' l~ E~ 1 r; . y~ a. ? - -