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7. If ewy o/ the suos of tttowey Asrsiw referred b bs not prowptlr and fully poid wiMin F•iftsew (13) days neat otter tM woo awroNy 6KOwe dw
owd payobb. o? i! sod owd every tM sripubtions, pgrNwewtt, cowditiab and towwatb of wid prowisgry woh and this oortgoge, a either, ore wof defy
perforoed, cewplied wiM owd obidsd by, Me oggrpoN save tnerrtiowed iw wid prowissory woh shop bKOwe dw owd poyobb forMwiM a MerNfbr of
the eptiow of the MerlNagss, p fuNr and cawpbhlr p if wid aggregoh wo of grower ww originolly stipubtsd b M poid ow suds doy, owylhiwg iw
soil Pt? web w Mreiw b IM twrrtrory wohriMsbnding.
R. Te deNver b wid MortgegN, ow w bsbre Mo?ch 13M of each yeor, ba receiph widewcing IIN poywsn? of ol) btrfvlly iopoeed hoes fa ibe
prKSSding toMndor yeor, b dsNwr b sold ~1AOrlgagN, receipb evidswdng Ms poywrent of oll liens fN public issprowwnfs wilhiw witaey (90) doge otter
the woe shoN becowe dw and payobk and b goy a d'nchorpe wiMiw piney (g0) deys otter dw doh, owy ewd eN gowrwwswtol Mvia that ewy b•
code ow fhs wertgoged propery, ow Mb ewort0oy)e a note, or iw ewy oMsr way rewhiwg frow 1M Matgoge indebadwsu seared by This atertgogej otsd
if Mis condiliow M wot cooplied wiM and perfo?rwsd, wid swwlgegN woy Pay such ww a wren vrhich ahoN bKOwe paA of the dots secured by Mis
oerpage, and shop bwr iwhrest at 1M woe rote as the eaortgogs wore. payobb wwi-annuolly uwtil poid or sold Morpooee twey elect Ikot veld were
po0e debt tMnupow bKOwe dw owd poyabb forMwiM.
9. It is fvrlMr eownonted and ogned by veld ponies Mot itt the went of o wit beirr0 instituted b iorecba Mis wertgooe, the MorfOoges shah
be snNtkd b opp!y of owy lice pending such forKbwre suit b Me court flaring jurisdiction thereof for 1hs appoinlwewf of a repiwr d oN atsd singubr
the wartgogsd propery, owd of oll the rents, iwceeres, profits, iswss and revenues thereof, hove whotswwr sourp dsriwdj and iMraepew h k Aereby
eapreuly cownonhd and ogrseri shot Me court shop forthwiM oppoint a receiver of veld owgaged propsrfr, all and siwgvbr, ewd of sod rersis, is
ccwes, profits,- lows and revenue Mersof, trove whotwswr sourp derived, wiM Me vwa) powers owd dories of retsivers iw IMe Doses; owd such op-
poiwhwewF slwU bs code by sucA court m e wetter a! strict right b the MorlgogN, ih succssson, Mgel representatives or ouigns, owd wiMoaf rehrswq
b Me edpvory or iwodsquory of its whte of fhs proFery Mrsby wortgoged, a b the wlwnry or iwwhrswry of the Morigogor, ewd that such rent,
proRri, incoww, iuuss and rownws shop M opplisd by such rsaiwr a the poyosnt of tM oortgogs indebtedwess, cosh owd doge; occordiwg b
Me order of tech court.
10. Upon ony de/ooh under the rworpoge note or too oortgogs, at the optiow of Nts bolder o7 tM worlgoge woh Ilse uttpoid bolewee e1 1M
worlgoge woh on_d ony odvoncss plods under it, or 1bs wsorgogs, together wiM interest, shoN becoos 'dw and poyabb, tine being of Me ewnp of
this cewMOCt. My woirer of ony poywent uwder tM woh w wortgege at ony ileac shoN net, W ony enter tine, be bksn b be a woiwr of tM hrws of
the wore or wwrtgogs, and the ocapbwos of poywenb upow said iwdebadwsu shoN net cowstitute o waiter of Me eprias of the holde? of tIN wob b
oaslsroh repoywent of Me errtin unpaid bobnd, ankh IM holder eapnssly gronM such waiver iw writing.
11. If all a orty port of Me Property a aw iMsrgt Herein a veld o< twnsferred by oortgogor wiMovf twortgoges's prior wriMew cowanl eaclvd~
inp (o) fM creotion of o lisw o. encarnbronce subordinate b Mis worigoge, (b) a tronshr by devise, detuwt, er by operation of low vpow the deoM of
o join? tenoat, or, (c) Ms .gran! e/ ony kosehoW interest of MrN (S) ywn or bu nW cowbiwiwg ow option b pvrchose, or {d) 1M cnatiow of o pvr-
chow rrrowey sKUriy interest for household opplwncss, waortgoges woy of rwortgopN's option, dKbri oll web second by Mis tworgoge b be itawed'rohlr
due and peyobk. Mortgogp shotl hwe waived such option b auskroh only if, prior b Ms wb or riom(sr, waertgoges owd tM persow b whore Me
prepsry is -•o M sold or tronsferrsd reoch ogrsewent in writing thot such person is o quolified borrows. b Ms wtisfoction of wglgogee •areiad
in its sob discretion and that cny woditicotions of hrnrs of the worgegs loan es ors rpuirsd by worgogee in ib wb owd obsobh discrNiow which
wodificotions woy include without liwitotion tM rote of interest payobb on the sows seared by ihs owigage b o rob os regwsted br oortgogse
how been ogrtsd upon.
If seorlgogN saerci:es such option b orctkrote, wrOrlgagN shall rwoil nartgogor wotice of acakrotion by depositirq veld' MMK iw the United
Sbtes Moil, postage prepaid, b Me folbwing addrsu:
Such notice shall provide o period of veal less Mon Miry (30) days flow ih• dote the notice is rwoikd, wiMin which wortgagor way goy ihs ww de-
cbnd dw. If wortgogor folk h goy such wws prior b Me eapirotion of such period, its bon shall be in dcfwh and oortgapee war, wiMout flrrtMr
notice or dswond on wortgogw, intake ony rewsdies os provided {or Mnin upon the swot of defouh. -
My waiver of ony poynxnt under Ms note er wortgage et any fives shell not, at any oMer tiN, be bksn b bs a waiver of 1hs tsrres of the
note or rNrtgoge, and Ms oc!eptoncs of poyrnsnts upon sold indsbadneu shall not conritvh a waiver of its optiow of the wolpogN b aaskrob
the indebtedneu as provided for hsraiw.
12. If a comrsyance should be n»ds bt? tlse rrrortgagor 01 the prewises herein desuibed, or cny pert thereof, vend slsoatld the grarsMe er any subs?
quest grantN under acid <a+wyance, who has assumed the nsortgage and :ndebtedrtess, be in defstrh b'1? vrrttr! of • brtarh of aver of the povisiotte
01 this matgage a she por.sans of any assumption agreement wiM the mortgagee, whether or not said asswwption agrNwreM tttodfits Ilre terrors of
the mortgage and indebtedrrrss. .then and Merefore, the mongagor hereby consents ro auwrrpiow and the provioipts of cny asssettpiow agreewwrtt with
the mortgagee. and to any mod.tication of the terms or provision of the mortgage and indebtedness occasioned btr said ansuntption agrNrneM and does
further hereby grant the mptgagte the right to grant eatMaiaM of tiros b seid grantee without rtotifiution of, willtaw the correarN of, end without afford-
ing the liab,bty of the errgmal mortgagor, o. any subtegsrent matgsgo?-
12. When any emowtt of wtorre~ to be geld by the mortgegor b the ntortgegee under the terwb Iweef sheN M iw dsfsuh, or sltadd tM mplgegol
defauh M any of the Mlrsr toms. provision a conditions of this rrtortgegs, 11rsw in that case the nrorigegse shah Nava the rght, without taetica b flee
morgagor, to cdkct and receive Iron ewy terhm o. lesste of said wrortgaged premisp the rents. issues and proiib of the real estate hereby wsortgsgord
j end the improvement thereon. and ro give paper receipts and Kpuinances tlrsrefor, after paring aN cawrwiuions of any rental agar collecting flsor ssrtre,
and any reasonable atorweyi fees and other necessary eapsnas incwred in colktcting settle, ro apply the proceeds of srsttt eolMction tptws any indorbNd-
ty, of the mortgagor hereunder. The right granted the mortgagN under this peragrapli shorty be in adMtiow tq, and teat
! pea, obligation or liabl
or restrict, any other right a rights granted the moagegee in this mortgage.
ld. Tlsat in ttte event Mre premises hereby wtongeged, Or any part tltereol, shall b! cowdewvMd and liken for public use wader the power of erwirtent
dowte.n, tM Mortpepee sMll 1?aw tM right b dsrwand tlret eN dsmpes ewerMd for flit taking of o damages b said premises shorty M paid b Mee
Mertgegee up q the errrouet tMn vnpard on this wwrtgege and N the option of the Mortgages may be orpplisd upon the payments Met peyorbM dsorraors.
1S. The mortgagor binds himself not b erect a pervert b b• erected any new bvildigs on M+or premises herein wtortge0ed a b add b or pornttif
b a added b any of flee a¦istwtg .rrrprovemertes thereon a make cny chergts a elte.aion in sail inrproverrrenh which wtatsrielly thwrge tlta.sorrrta or the
caw thereof, without the wr~tesn Conant of the 1Nortgsgss, end iw the went of any violerion a sthrapt b vidab Msis NipuMtion this wwrgepor attd aN
! vents secwed hereby stroll .wunediatey beconr dw and colbaibM at Mse option of tote Mortopee.
Td. his specifically agreed Mat tines is of Nrs essence of Mtis pntretf end Msort wa werver el cny obligetion Iretetwtder tM d Mee obNOorliow sortarred
horrorby sheN ort any t«rte b held b be a waiver of tM ttxwrs hereof « of the itaatrurrtorM secwsd horreby.
17. If fortcbwrs poceedings of arty second wrorigorge o toped trwt deed or any junior lien of ornr kind should b• Mtstihrtord, Ilse MortOegae trsey,
et ih option, iwntediehly o. tMrealtsr declare the mwtgspe and Ilte indebtednea sscwed hereby dw end pgeble forMwiMy end wley M Ne opKat groped
b foreclose this nratporge.
T1. Te the extent of the indebadnsM of tM Mortgagor b the Mortgagee desuibsd berciw a secured hereby the I~AortOpee i Wwbfl orrrbreoorted b
the Hers o lien and b tlrs righh of the owrere and holders thsreOf Of eecA and every mortgage lien or other irtctrrwbrattp 011 IM Mod deetribed herein
which Y paid.and/a atisl.ed in wtale ar in part art of Nte proceeds of the ban dettribed herein or sawed hereby, and Msa respective Nerve d eetd
wrertge~es, liens o? ottre. incunrbrances ahetl be end tM sautre end sad+ d Msm hereby is preserved ends~ Pea b and be held by Mta Mortgorgee Itorretrs
ar ssariy ter the indebtedness b the Mortgpta herein desaibsd or hereto secwed, b the same orahn/ thee it wa?hf haw been preserved orrtd taasrld
hew been pasted b and been held br the Mwtgagss had it been dolt and regular!. saigned, tranfer?ed, sty over and delivered wets flee MMtgegee by
wpsrsre deed of assigrvrrent norvr.rhsrand.rq the fact that the east. ester b• •erisfisd and cancelled of record. it being tIN twlorrstiow d the parties harab
g tlsort tote •awte wiN bs aatisl~ed and cancelled of record by tote holden Hereof M ar about tote tine e) the rseordirq of Mtis asart0a0or.
1!. Te per eU end singular file Cosa, chargN and tapewses, rsctudig lewyere fees, reorsenaWr ittetrrrad or paid N ewy Ilorto by the Matpaoora,
g bKauee e/ tM failu.e of the Mortgagor to pe.ierm, cowrPly wiM and abide by •ech acrd every tM stipuMtions, egresmenb, pnditioae„ and oovenenb of said
3 prerniteory were end this deed, or either, and wary sateft poryrrtertts ahaN boa. interest frpw deco N tltor some reb N tIM wtoagega ttOb.
I
' IN WITNESS WHEREOF, tM said Matgpa herewtte eels hls horrsd Md sect Hie Mee dol? and yet fleet
)
g
Sgned, seoMd, and delMred .,C.. ISf.I1t)
M tlt. we••~a of: RITA ,A/~~~,~`TOBI
..~'rr+M:.
~..'J.~`......;..~`c-:..ILG..L~(SElll)
t.
_ GLORIA M. LA FONTAINE
_ (SM/IL)
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_ ..Y..y~ . - cc~~ ry-
6COKJJ~ P!.6E 1~~
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