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t4. t~ ~ ~Y ~.,r;~ MtM~d a i~ ~ Mea~Mtr ~~ur ~.w .~~~~~_..34~_a.» ~e:~ .u~r ~M , ' '
M111t MYlt~~~Y tMllr I~M!' ~111~ h~~~~~~r~ AI j~ ta~I1 Md ~t~ Ihe Ni~?Y1~11oA~4 ~Rtt~~1~t~1~. ta~uuwh; ono ~v~coiaii ~ wGw pi.r:»:i ~
~7r ~e1~ ~~d ~hi. ~ked. sr eiQ.rt. ~er ~M dul~ ~Iera~.d. nw~plird ~i~l~ ~~d ~bi~kd br. t6e ~RRr~R~te W~1 w~alio~d i~ ui~
. pnw~i~o~ ~et~ ~hrn tra~~i~i~R ~ep~id. rri~h I~~~tr.t ~ec~i t~ ~I~~t ti~e. u~d ~11 ~wn~ri ~ated 1~rnbr. ~~l! becaM dw
.n~ paraht~ I~r~h.ri~h. ar tl~~~~d~~r. ~he ~Miea eI r~id AtorlR~~c~r. fnll~ ~ed e~~+plet~l~ 1t dl et the ~aid wa ~
~aner er~Ri~all~ a~~~l.~rd ~e 1+~ p~id e~ w~h d•r. ~e)~binR le ~id ~s ~t ie 1ha a~a1R~Re 1~ ~hs tontnt~ ~el~rithM~ad~ ' •
isR: ~nd tAr~~w~w er th~?ed~e~. ~1 1he aplio~ et ~aid AtsttR~Rre. wi~hoMt Mtic~ N de~a~Ad. ~~it tt l~r K Is ep~i~~ wq b~.
ectittd ~s it ~It menep aco~rd hereb~ Aad ~ua~a?ed ptiK Is iq IuNautiM.
. Il~. slnnRape~ will eihil~it te JlfurtR~Rre ~rriuen tereipli esl~bli~hinR MY~cyet ef ~n~ wnu ~uired 1s be wtd ~n~ ~s~ .
wpcris~ ~none•sr Mh~~ lien ehli~~~i~?n. ns laer ~b.s ti.e l5~ d•r. p~i.r N~I~e ~iw~ thu ~eakr~~io~ et wch wpuior ~tpp .
.r lic~ ~~wld Iw ~kel.nd tor ~•t?.r~ene ~be~e.t.
17. The ~M~ra~t ef titk ewetin~ ~I~e tAermbe~ed orepe~ty ~hall belen~ ~~d ran~ts i~ tAe oonario+~ eI t6e Matiate~
d~~in~ ~he lie~ et this ptottp~e. '
ld. TT~at it is the inlent l~errol te nerare p~raeae a! said no~e ~nd obli~uioe whNher the ee~ire amoun~ ~h~ll h~re bee~ •
• ad.~nced te the Uto~tRaRer the da~e hrrN?1. er ~t • luer date. ~ud te ~eture an~ Wht~ ut~ount ot ~a~ouola Ih~t m~y be sdded •
ts the tnottR~Re iedcbtedne~s undet t~e tern~s of thia i~strumenl. The totd unount o( indebtedeess wennd hereb~ aea~ da~
e~ra•e increax t~ ti~e to tnae. but the tot~! ~npaid b~lance so ~ecrred u~e~ oee tiene shal! aet eteeed ~I?e Priwcio~l
~t = 140.000.77 plw in~ereu thcreoe ~nd ~at di~wne~nenu ~nade for the pa~nnent ~t ta~ca4
k.~es •r i~un~ce on ~he peorehr corend b~ ~he li's ot ~ha ~no~+Ra~. with interest thereow; ~nd ~iiis mortR~Re ~~II tetrt~ ~
aa~ and all addi~ienal er (uhl~e~ munies Mhieh mar be ~d.~eeed b~ Mon~~Rce ts the 111oaRaRor atter lhe dale Aereol. whic~
fnture ~d.~neex e( nane~. it m~de. ihall be eridenced br • nae or no~es e:auced hr i6e I?tonsa~o~ ~o Iha I?1eN6~`ee be~ria~
wch nte o~ intere~t and wi~h luch n~~turities ~s rJ~~ll be detenained (tom lime ~o time. Iwt ~er ~nd afl ~ucl~ ir~u~e ad•~seea
~nd b~ thi~ a~o~tRaRe ~hall be made aot more than tee (IOi pean atte~ the d~te l~ereof. N~thins hcniw eent~ined sball bt -
. deenKd u ebliRation ou lhe pu1 0l ~1+e AfortR•aa to m~ke ~ny Iuiuro ~dv~wees. .
19. 7fwt ia the erest the premi~rs lienb~ ,nor~~•~ed, ar anr p.r~ ~hercot. ~hdl be eondr.mned ~nd t~kea ~er pn6lie w~ •
w~der tl~e Po•er eI en~ieenl dan~ie. Ihe MoN~~Ree ~all 1~~~e tl~e riRht to dna~ed lhat dl dam~~es ~M~rded ter the takio~
~t d~m~es te said ptrmixs shall be p~id te the bionR~Ree. iu wcceseon K aai~s~. ~o t~ tbe a~onnt thcs ~~p~id N t1~L '
awrt~aFe ~~d ~?i~ be ~pplied ~pea the pa~nna?t er pa~mca~a bat a~~~ble tbereo~.
~'O: The 1?toRR~~wr ~hdl, wit~in live /S/ da~n t~ ~ri~~ew d~~.~d br ~be Mon~.~cce,~e:eeute is sueA fons u ~b~Il
be rraaired 1+~ lhe aioNR~Ree. aa e.~oppel ee~tifie~te ~ed ~.~irer ot defenx+, duly aknoMkdRed. ~wtinR (orth the ~mou~t et 1
' prin~i{+~1 tad intereM onp~id hereundcr and ihe ~trnera! status sf said martRage. aad 1he l~ilure el the Mort~a~or te ~n~ke aaa
det~r ~.id wo~~l etrtific~te ~nd a~i~er ef delen.~es withiu IM time alore~aid ahall comtitute • d'(~elt ~nd ; breach e~ thi~
wa+~~~rs ~nd ~hall ~mitlcd ~he lwlder beRSt te deel~ro dl ot ths tiapaid principd bal~eee unmedi~t~ly due and yq~We.
:1. lt is ~pecifiedlr ~~reed t6~i time is e~ tbe e~enee Ihis toetr~et ~nd tlul ns wai~ et ~e~ obliRetios bercradet K
~f tbe obl~~uioa ~ee~red herebr ahdl u aa~ time there~t~er be hdd t~ be • wairer ot the teran Aercot or et the ia~trua~est •
acrred he~c6~? •
~ Tt is understood ~nd ~~ecd th~t the ~IiortR~Re~e m~r at an~ ~ime. ~rithoet no~ire to ~n~ per•on. ~~at to tbe AtonR~Ror
an~ modilic~~ioa oI •nr 4ind er natu~e what•orrer. or allov? an~ chan6e or chanRa. wbstitntion er substitutions o[ an~ o~ tbe
yropert~ drarribrd in ~ha tnortRa~e or ~n~ otbe~ coll~teral rrhie6 mar be held br ths 111ortR~Ree witbont in an~ unanner alfeet-
inR ~i~ liab~l~~r o[ ~t~e Ator~~.Ror. an~ eadorsen o( the iedeMedeess herrbr secured or inr other pcn~on tor the parmcnt o[ wid
indcMed»esa, ~oFethtr ~rit6 intetest and ~nr other sums rhicb mq be due and pq~hlt to 1he Mor~R~Ree. and a{so without iu sa~ '
manne~ •ItectinR or impairin~ tbe lien ol this mort6a6e opon the er~a~inde~ ot lhe propert~ ~nd other eoltatenl ~rhich b aet .
chan~ed or wintituted: and it is al.o nnderstood ~nd s~crerd that the 1?fort6agee mq u~n~ lune. +sithout notice ts anr yea
•on. release anr p~xtion ot the propettr deseribed ia this mortRaRe ot ~nr Wher coll~te~al. or ~nr portion ot ae~ othee al- ~
lateral ~hich ma~ be held u se~wri~r Jor ihe pa~en~ o[ ~be i„deb~edaes+ ha~eb~ secured. tither with or ~?itlwrt aor eonsider~.
tion for wc6 rrlea.e er rekaxs. withaut ia aa~ manaer atlettia6 ~he !'ubilit~ oI t6e Aiorta~6or. all endonen. ii u?r~ aad all
~ otber oersons shs are et ~hsll be li~bk tor the p~~nneat oI wid indeM~dna~. aad Mitbont d(ectie`. di+tarbinR or impairia~ ~
~a~ ~s~nne~ whavoere~ the ~nlidiq and prarilr oI 11~e lie~ vI lha mat6aae (or Ihe IuII ~aoont of lhe indebtedaas reaaiai~
:p~~; _u ....1 ..I...ex. r~ie~ .l.d1-•beeewe Olr~ble. ~Oo~ lhe eatire teauiadet ot thC ~L~L~ PnP'
ert~ wbich i~ ~arelased. wd witbont iu ~u~ ruaeer Jfecti~s ~r impairiss to ~s~ ~tau wh~t~oeret iw~ aad all otber oowteni
~scsrit~ wrid~ aa~ b~ Ld~ b~? t6e ~[et~p~ It i~ di~ti~etlr ~adenu~d ud ~sreed h tw I?tat~~at ~od t~ 3tortp~es tLat
~ Nj~~M ~f R~l~ M~ M~ h f~f ~ft~! Q31bN1 1M ~M~lat K y~1~ M~ ]!!~M K~IfM~ RM~M~
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~ . tlY.' WNEREOP, tha I~tKtpser M 13~ d.r u~d ~ea~ tint aMn aritle~. ius e:eaned t6ess pre~e~t~ ~a1; .
~it. Rba~:a~, s e~ry~raiiN. b a/ ~~L W u~M~i~i ~(tiosn~ a~~et ~ ieed ~I tM arp~ir. ~M~ ~aw
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~ Universal Adams, fnc. .
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~ s4~sl. ?a~.~1 t~ rM ~rra~c+~ ~ ~~tSed)
President •
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