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To de6rer mY abstnct or abunris ot tnk m utk a~wura.arui~? o~Gx.?~cm „x~Nrtys tAa munga~ed ptopert~r to i
~ a ~u desr~ated ascat, s~h~rh stuU at aU teoa. dura~ tsr La u1 tu~~an,r~ rana~w w~he posraswa uf the Yu~t- t
p~er sed 'w e~e~t of tbe totaiowrr of the mo dt c~ht. utk.nif na~e~r~u~rtec. 1
rtp~ e Vbr~or w:ud to aay wch absttatt ot
psas to tlis ourtisser at fa[edo~ue, i~o~narri, at! sor~es :utir :a~a~os polic~ ~hall remaaa the ptopetty of j
i
Ia ~TLt a llilliq 0~ f~ 001~Oitt ~ Of O f~t Ob1~tlO~sisO~lt1R!ll~r i~i1L~i ~ p~ IRfOillQt bC AC1G t0 bC ~
a R,ns,r ot ary ot ehe od~er eans re,+e~ot ~ d ti~e eo~a...~d:i.s~6y.arrcar ~~~/a.rd~ us.~ ww~. of cw~auct by
ltor~ee .ot~ reqra~ee_bf t!~'s assuw.eei. 'I~a tLe ~ita~yro.~~~ne~ nag~ a~se v~nd, auy parcy oe~i6ated
a~ stid ~nAebt ~s. ar Aa~ia~ as taterest w tl~e arduity ie~ni~ed Meeo.~•:uw~w,v~~aateat~hs na~s for payment ut aay part
ot a~ of Ue idebled~es tecrte~d he~ebY. vitilo~It m aqy w~' aRect~.sttiYsr!tlrcikalf~eao~t..ttltlLb~ty u! any uthet party-
1 t. T4t a ordet to ~ooektate tbe maturity o! tl~e ~ is~bn ,~s~ 6~c~ss +~t ch~e fa~ture of tde No~tgagor
~ ia7~ s~ un aaessmtat. Iiabii~tY, obi~ptior? of encusbawor y~aa s~;#cypam ,a- ~ paonded. ~t shall not be ne~~tssary ~
~oc ~e t?ai U~e Matis`ee sLall fust PsY tAe suae.
12. Ttnt d tIK Yae~ar ~sY [a7. ae~lacl m eeibr ima~rri niriur ilq~ajxiul~.,m~ prnqaptip to pay the amounu °
~d to ee p~ld bp tbe eotes ~reby sowrad at Um ~temti ~al~qirdc.,c.~.» thrss~msof moaay I~ein rcfuied to ~
a[ beieb~i xaered. oc otLerrl~e dub'. fully a~ PraeoPa!' to ~edmyn. ~au~satet..z~~ wette a~d a6~ b~ each. erery or any of
t4 .~o~e~uts. coaditioat or stipu4tioes ot this mottg~e. tir ~com~m :~mm i~e6iK rcmed asdl~ tire coastnution k?an i
ap~eeae~t. d a~7r, tDea, aed 'm eit~er or ia any of ~re6 s~ata. ~t ~osaer,~~ c6R~t~e~,ate wm meacioned ia
~ P~7 wus. leu perio~s paymmts. d aqY. a~d a~' aaid all mi~. ,.r. ~caied heieby s6aU oa:«ne due
atl oapaAk fortb~riW or tberafta at tAe oontmnu~ aptian af tre ~lbrr1ol~ar,rfi~ atuou~fael1r a if sid agge~it~ wau
.e~s a~ stipalated ro be paid as a~ time. ~ i~ a~~ rauas+st~tee.m t6sca~masy aonrithsandinE,
si cre Yat~ee s6aU be mtitled thaeupon or t~e~eaftsr snNuutaomar.~Jl~as~t:cn ~dcuta swt u law or in equity to
da~ce tie [~l of tlr Mortp~ee hete~eder ar rotlm s~id ~ro~o~y~a~as.i~rrtlra~enrcf as~ Jefa~lt or biacA oa the part
d tie llott6a~or `ae~eder or rader aid proamtar;• aatx, tie •Y~s~eav~it3ti~ms.~oa~o~io~ m znf~cc psyrtxnt
af a~ sass secsted bereby b~r actiae at la~ ar by mit msqn[~s• ~:foeec~o~e-~iy~ ~orbwit. aoncumath~ or otitv-
~ae. ad o~e sctiow a stiit s6aY aot ab~it a be s dr ta m a~nsr oi:tie t~rrg~,+atv egpr cn iasqtut~ ur maintaia the othet.
piwided sgd Yoctaa~es s6aM bare oaly ooe p4ymeat ad atidacMun a3 ~rii:aY~
13-~ Ttiat ia the e~eet that llort6agor thap (11 raa~eat u~ tler ,~sa~ueea recnser, ttustee ~r liquidatur of a0
O[ i A~St39tiil ~ft Of MOft6760t~i iSttt, OL~2) bt t~j~1'~d l~r~RYPI !r c~pltEtrt: .~T IIk z m1YIItity Qllltl611 iR bitllCNptCr
or a~ds~it a writia6 his imWity to pay he~ debts as tbey 6occ~e ~rc. ur C3,:~ntla-r~i ~useat for benefit ot creditors.
ac /i) fiie a petitios or aas~~er sxitiq~ reo~we or ~ru~earaatt..-osi~a~:.u-cu raYe:rbraata6e oi 3eey insolvency laiv,
ar IA fiie an amrer admittng my af the materizl aNqoitium of au ~eutaun-~ ~mr ih~ Mbrt~or m any bankruptcY. re-
o~pnmsioa ot uaoheec7 procroedio~e, or (6) aelion ~ tie t~i~sn-b!? -tirtibor~eq-iw cbep~pme of elTa.-tin6 aey of the fore-
or tl) aar order. l+d6mesi or deciee shal! ~e ~ed ~m ~~~iwr:.ar i.sediear ar SEnn~or by a court uf com-
oeteaa jarisdictioa approru+6 a petitioe seekmg ~anta~at df a aae~a~ ,r: *.tmtee~u a!f .~rs ~otiat part of the atorc~+gor's
isets aad s~c6 wder, jud6meat ar deaer st~ caati~re m~a~l:~atbcrar.r~ P~~ ~F (30) crosecudre daYs.
tie !~lort~ee any d~dare tbe notet hereby ~eaiced faatl?~th ~+r ati ~y~ wl~res4ta~ the p~iecipal of and the intazst
aoc~ed o~ the aotes and aq other wms hereby ~ shdl iecaiwe:fmilwrttc,tue xt payabie as iP aU of tke said wms ot
aoeeT se~e a~y st~ulated to be paid on such da)': a~d tiere~}nn-fier nutiae ar ~d may prosscute
a s~it at 6~r aad/or ia oquity u if all moaies ~ec~aed heeeb~• ~d mzt~ce~~rmsr~a•{ti~a~lmtta~
13a T6at in t6e met t6e ~remises hereby mortg,a~. m am ~par~~ecc+ar_ _.trsft b~.nn~naed ~nd taten for pubtic use
~der tl~e power oi eminent domain. llort~taper shall havr tie iyth: t.~ : e~a ctm- ~Y :taaa~nt aaeudod for tAe t'ng of or
~e to said premtses shal! be paid to the Yact~ealxe. aot to s.xomi ~tic :3ha. ~rt ~ of dds martgaEe md any sum
sec~ed tbereby, and at tbe option ot the Mmtp~x_s~et? amorms~ ma~ ir:~ ~ tbe p~yment ur paymeats !ut payabk
de:eue. !a the ereat it becomes oeceswy for the ~vttppec w rmplm .zw~a~et rn{a~+te~t its intemt :?t amc cundemnation
ptoueodin~y, tbe flortgaboc s1uU immedLttety upon drma~ ~u~r tiec Yiurr~+e. rc,r sil rr.asoaable zcpenses and attorneys'
Eaes tbm incurred. aad all wch wms shal! be deea~nd ~ecuaod ~ tLe i~~ u' tns~swts~,~
I4. TAat the llort~~ec or any person authorized b~ tl~e ~tvr~C ~ad.~~ tht n~t m aater upon and ~nsQect the
mortga~ed premises at all reasonable times_
. IS-l~ 'ihat to furt6er secure payment of tirc u~debcedaess ui tia~ ~orr~pr-u -tc Nb~s~zaa~ tbr ~tortg~or does hereby
~ell. uti~ta. transfer and xt over unto the Mortgaleee ~ of t&e esau.~ssre~_,~c:~cuiu:u :he mortg~edpremises. ,?nd Mon&+R~
Qar at iu optioo delay rnforcia6 tbis as~ment until defartc i~ea~ m~r ~.t= 5i6~rs~or ua~er rhe teraa uf clus morttc+Fs
d~e aotes secured herrby. and wcb ass~nmeni m am ersat si~ait~em~a. s:.~wl:-r,rc~.,atrs'fi~z su ia~asany default ~vntinues
co ea~c in the makina of aey of tbr pa~meats or tbe~ertmm~n~ a,an o'.-t1er~~am:,,t ~tas mortga3e or t?x notes securcd
ienbT. ad tbe biort~ee shaQ have t6e right to eacrr vpm ~e ~~;ad ~~.sm~~imriy irom persoas in posxstiun.
lfortp~or a~sees to acecate any furt6er documenis eridencmg amh ~qnm~ea- n_Wurgpga mag rpsoeaeq, request from time
eu ~e.
1 S-B. T6at in t6e r?ent t6at at the be~imn~ of m at arn t~e~`*~
~.~r ,~,a ~las tnnrrga~e, or m foredose it, or
co retorm it, aud(or to enforce paymrnt of an~- dums here~o~dct_ sad ~6utrseg~ .trail..tpQt~ ta the wutt ha
tLeceo[ for t4e tment of a Receivet. wch court shtu forthwitt~ ~S J~tion
~PP~A ~um' ~ [~+cenrt .u .~d mortg~p,~d properiy aQ and
s~ula?, inc'loduqe aU and s~euL•u reats, income. profih. ~s. ~d-re+C~rea>:tcaa ~tn~;e~ucx derired. exh and erery of
~is~6. it beiag expresst}• understood, is benb~ mmtgaged ~ if 4c~fccati~ ~-~[urh mtJennbed ia tde grannng and ha6endum
~ao 6e~col. or aay e.thibi;s 6ereto. snd such Rari~er si~! i~sYe,aU ~t4r ~trn~ mrG eifecu.~ iunetioss uat powiers in anyw ~e
t~onated b~r a court to a Recerver. and wch appomtmmt tball ie m~e i., :s~i .;~rrr ~s ,m.utaattedeqwty ,ind a matter of' a~
~ototr riEht to said ![oryes~[ee, and wtithout refem+er to thr a~ a- m~s~~.r v,un ~dy ;u 1:~v ur of the adequxy nr
iaade~eacy of tbe ralue d tbe propert~• mort~aped or to the ioi~c± vr.~ ~a ,a~t Mbrtga~,iurur of any or ali of the de-
feo.iawn, aod tlut wch rents, profiu, incomc, issuex asd tsrea~ees dia11 a~,~~ ,ocf~ N~rtrer a~xordin~ ta ;he tien and/ar
a4a~7 of faid I/ort6aEee and ibe pnctict of such court.
l6. To po~ a8 and m~ar the costs, d~aad t~q~re,t, ~.~o~q~C Iyss.,ec'i tees a~d t~s for appeliate work
md coats a( aMaract of titk, m«vrred ar pvd at s~• Ume b~ ad '~lsr~:a~ue .u~lor ~a ehe c.w~ent of the ftiluce oo th~
put of the said Mortga~or to duly. ~xomptty ind fulty~ perfarre4,du~ee.maeeai~ 3fecr. ~omplae, .nmply with and abide by
ach aad e~erq tLt st~ulations. a~reements, conditio~u ad mv~ants w: -s~c ~o~serv nma .~d [tua morteaee. amm or either,
ani[ sa~d cosu, cfi~arpes and e:penaes, neL ard evrsy. si~ll ir ~et~~ ~.~cp~ai~1Q whet~r ar aot there be ootice.
de~aad,, attempt to colkct or wit peMu~g: and t4e tull m~wt o: s~: sscasay ;~ds p~_y~nem s~aU beg intezest from the
dau t~e~+eof ~ntil paid at t}ie same rate u is specified. m iLc Hobm sr.oue~i ia~+m -.,s puvabie ~ites ~efault in PaYment of said
ooca aod a~ said costs. ciurges and expenses so iacurrrd m paid. +apet~c-sr[tr.-ucir _ataat. ~si1 be vecured by the lien of this
~ortEa~-
17. That Mort~or ri8 not permit an}~ other lrns_ mor[~x• o- zra;u~vaaces ibe sy~d p~em~s, 3nd ~f any su~h
~ieas, moctaaEes or tacumbntrces ue u?curred. xfiethrr p~azamauu; a: .~xeuui~ta~ ~a ~ms mort~e. ~tortv~,agor w~l1 ause such
6inds. a~ort~a~res or encumbnocts to be d~schar~sd tmme~atth _ lktthm' hmttte~ ±be .n~, s1~onld thue be a I~en wperior
s d~emtv to the tien oE this mort~ge w~th Most~oer' Lvaorn:. r. ~ws~.~at ,geat rbat should the terms of a lien
wprrior m di6nih to that of this murtgapr be modif+ai. attceni u; .arnm .w~ls~,u• -}ic ;smtea ~:.~ment uf che ~[ortgagee herein,
or s6ould anY lien wperior in diEnit~• to that of ihis mortg~pe br ur a~uoe;n .isiauit. Tlsn .+nd in w~:h event the ~[ort~ee
6eteu~ rsay at its opiioo acrekr~te the indtbtuiness aee;u~ fi~ liu. aiQrtn~c ,~wt.,ieclzre ttre ~arrK m be rll due and pa~~abfe
~nttwot noti~t to llortp~cot cx an~~ othe* person.
I8. !~/ortEapee shaU iuve the nght to ciuirg sm o: ~IurtBapor'.>,u.,xms .aitr ~fo~rtrzaeu iur .iny sums payable as pro-
.ided herein or in the promissory note securcd iirreb~ as sudi ~eure~s- na~ _
I9. if the 3lortppee requests, Mortpgor wtiU furn~eh thr ~~1urtFae•,~atEt•, rtc~m ;~,i~tr of this mongage uutrument.
aak~s some other date is apred to betw•cen the parue,. m+Kntn~. ~ ernii~ ~usise~ ;~at ,ta[emeac uf the ~lortgago~ asd
~an:ul compkte statemen[s of llort~n~eor. If the Yortp~or's fic:al ~cac~a:..~mr.noil :tot .:n~~ with [he J~te I~rein spenf+ed,
thrn the d~te ~hich Uu llor•~.•~ s1~aU spec~fy shall hr cantroNt~_ iivrtc~ee- ,tnll ,u}~i~ Nbrt~ee w~th wch other financial
tit~temenis u alort~~gee map from t~me te tmrc rrquest.
20. :Vo rigfit or rertiedy ptcvdcd herem for thr l~lort~~a• ~r- pr..~~a t~i--~ ynn~see in tFre note cecurrd hereby shatt
be cumulstire ~nd sevrnbk.
2I. It is undtruood and agreed Lhat this mcntf;a~e i+givrr t~ ~~rr_ a.,n~noa o,~e stote ur ubligarioa attached hereto,
my additional loans ot future advances made w~niim thr urei ui ttu.,ecvrss~ osa ,a~d liorteaeors ur ury successor in title of
s~d Mott~ors of tl?e property dereby ccmveyed: prurdad that thf w~: a~~d'nlaucc ,,f rhe indebtodness secu[ed hereby~ at
aay oae tiarc shall noi exceod ~ 71 D~ ~D ;~as~esc- rh~e pius ~m+ ~iisbucsements made b~ t}~e
SiortQgee for the paymtat of Uxa, k»es, insutanee m ot~er ~tu~~ er tfes apr~T~- ~umbered h~ebv, with interest on wch
dabenem~ents, court casts aad attoraey's feea. ~ fesa im,s~riiatrarvti. •
22. Thes mott~r is sybjeci to the trmu. Arovinaaa s,~diw~a~ u-tnt :crtaut C'~~trnct~on [..~an .~lgreemrnt datrd
NAT ApALtI'AALF and sad Coastn?:t~or.:i.a~s ~s~ear~nt ~s !rr reierence mcorporated herein and
made a pare be~eof. Dcbult ir, ibe icrms of tlx C~nsuncuon 1,uu; a~c.i ,~,d .n,,,~nu~e a 3etault under ti?e mortgatte. •
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