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ties agree, ho::c1•er, that the Original Mortgagee will not from the
date of execution of this instrument make any additional or future
advances to Borrower and wfll not allow the Borrower to incur any
future indebtednes~ or liability to it under the several security
instruments in favor af the Original Mortqagee and that the liens
and/or security inter~9ts claimed by the Original Mortqagee shall
be for the purpose of securing only the indebtedness of principal
and interest set forth in the first sentence of this paragraph 4
together with the indebtedness which may be incurred by Borrower ~
and described in the second sentence of this paragraph 4. The
Original Mortgagee agrees to and with the Borrower and the Asso- .
ciation that upon the payment to the Original Mortgagee of the
principal and_interest installment due on July 1, 1974 that the y
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indebtedness due the Original Mortqagee shall be paid cnrrent and
the Original Mortgagee agrees that the said Borrower will then not
be in default and is not in default in any of the numerous terms
and provisions of the security instruments in favor of the Original
Mortgagee. The Original Mortgagee fur~her agrees with the Associ-
ation that it will, in the ev~nt that the Borrower coraes into de-
fault in the future under the security instrwnents in favor of the
Original Mortgagee, notify the Association in writing of such de-
fault ann will allow the Association fifteen (15) days from the
date of notice of such default in which to cure or cause the de-
fault to be cured. The OriginaZ Mortgagee further agrees speci-
fically that the execution of the liens and pledges in favor of
the Association contemplated as aforementioned shall not constitute
any default on the part of the Borrower as provided in its secur-
ity instruments.
5. The Original Mortqagee agrees that notwithstanding the
terms and provisions of its several security instruments that so ~
long as the loans evidenced thereby are in a current status, that
if said loans have not been determined in default after fifteen
(15) days notice to the Association, and that in the event the
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