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1~- PROIF.IT fHF til ('I~kITI' 111 R101 . MORIGAGQR (~UVI NANl~ A~1) AGRFI 5 111 lu krrp ..~Kf prrm~.a. m~ur~til .ytriml Iirr anJ .u.h .~~hrr
_~•~~~~ck, ac thr 111urlKagrr may sp~~.~fy, up ~~ th~ full valur uf all ~mpwvcr~rn~. fut thr pr.Hr~l~un uf \IutlK.yta'r m w.h m~nnrr. ~n w.h rmuunt.. rnd ~o .u.A
.~,ni~v. ~r~ a~ \lu~iga~t may trom 6mr w Umr appx-r~, mJ lo krrp ~h.• M~ti.k. lhrrrlur, p~uprrly .nJutKd. un Jr~wsu MIIII ~IUfI~~(l'C. :Ills th~1 b..
~~i~~.rrds Ik.c r~pensrs of colkrOoni ~t-all. ai Murt~t.qtrr'~ upUon, br ~pplkJ un ~aN1 u-A~blrJnc+~, whr~her Jur or. nu! ur tu Ihr re.wrrt~un u( ,ad
~n~pruvrmrnh. lo rvrnt of bss Ato~tgagur ~~~II gi~r ~mmrJwtr nut~rc b,y m.-d lu Ihr ~1urt~ta~~r whu mr~• u-akr pluul uf lu.. ~I nul maJr prumplly b~.
~I~~~IgaRuf. ~d :uh ~nwran~r romp~ny cun~-~rnaJ ~c h~rcny rwhurveJ and dur~IrJ Io makr pr~mrnt fur wrh lu.. d~rc.tly tu Nurt~a~rr m.trad u(
~t~~rigagur. 121 Tu pay aU ta~e~ arni sprcul ai~r»mrnf: ol any kmd thal havr brrn or m-r~• be kvKd u~ a.~a,~aJ upun wNi prrmix~. ur any p~rt lhriru( 1 ~) In
rhr .vrnt uf drfault by ~Iuttgsitur unJc~ ParagtapM i ur 2 aMorr, ~lurtga~Crr, al ~Ic upt:un lahrthrr ~krunK tu dr.l•rrc thr~ wh.~k inJrMcdnr~~ ~rautrd hrrrAy
.t:~~ ~nJ culkiUbk ur noll, may Irl rfl~ct Ihc mwrrnir rtruvr provwlrJ fur rnJ pap Ihr rraw~iabk premium. enJ .h~~Rr+ ~hrrrlor. Ibl p~~ rll wK1 1a~r. arn1
a~~~..rtnnl, ~uhuut Jrtrrnun~ng thr valiJUy thcrrul, rnd ~.1 pr~ w.h lirm ~n~ all wch J~~bu~umrnh .h~ll t~r J.rmrd a part ul lhr ind~btrJnr~~ kiurrd hy
ihi, ~1urtRage ~r-d ,hall hr ~mmrdiatrly duc and pay~blr b)' \1utl~rgor ~u ~turt~tagrr Ii1 7o krrp Ihr Au~IJin~t. rnd ahrr ~mpruvrmrnt. nuw ot hrrraltcr
~rc,trd m i[ax-J .undiUU~ arnl rcpau, nul to iummu ur ,ullrt any wa.tr ur ~n~ u.r ul ..~h1 prrm~.;..uM~rrr t~~ rc.In:Uun ur rr.utd or .unlrary to law.,
,~~:I~nrn:r~ or rrgulauum r-f pwprr puhli: ruthurUy. rnd to prrmil ~lur~~agrr tu rnl~•~ A1 JU (l'J~U11;~Ma ttmr+ t~~r thc pur{~.~.r ul m.~xrun~t thr pirm~+c., nu1
<<~ rrmorr ur d~nwlish any buildmg thrrrun. lo rumplrtr wuhin Unr Hwidrtd 1 i~ehty i IK(h l)~y. o~ rr.wrr p~umpti~ enJ m ~~ixx1 rnd wurkmentikr mrnnrr
,n. bu~Wsog wh~ch may br c~~n~~ruit.J, ds~nagrJ ur dr~troy~d thrrrun and tu pay, whrn Jur, ali ~I~un. fo~ i~Mit prrlorm~-J and matenai (um-.hrd thrrcfut.
~~~ (h~t th~ umr ~f pa~mcnt of Ihr ~ndebtednr.. hrtrby x:urad, or uf ~n~ ~wtl~un 1hrr.uf. nu> tx a~~rnJtd .~r r~n~acd and any puruun. ul ihr prcm~.r.
h.•rrin drxnt-rdmay..wi~huW nuurr, tk rckrxJ itum Ihr lk~ hrnuf, w~thuu~ r~l~~.ing ur rllr.un~ llll' (1ti~U11dI IWI~IIIIY U~ ~m ~xt.~~n ur .utpur~tiun for Ihr
p,~m~n1 of .a~d inJehtcdnr~+ or Ihr Ikn o( th~. in~humrnl upun ~hr r.mr~nJrr ~d wiJ pramnr. fur ih. lull ~m~~unt ol w~d indrt~!_•+~r.~ lh~n rcma~mng
~~n4'eiJ, snJ no ahangr m tlx oMnrnhtp of sa~d prrmi.r. ~h~ll rrka+r, nJu.r or Ulllti(N'ha' JIII'~1 an~ •Ji~l ~KI~UfIJi II.In1i11)' Up thr IKn hrrcb~ ircatrJ. I61
Ih_~t h~ n~r~~rJ ot tM pretM~et in frr ~~mpla and ha. ~iMx1 rnJ Irwtul n~ht tu .u~~vr~ Ihr vmr. ~nd th~t h.~ d~~•. hrtrby tutrr•rr w~tt~n1 rnil wdl futcve~
i~ ~rnJ thr Utk rnd pu~k~~~un thcrcof agrin~t Ihr lawful ~la~m. ul rnp •nd ~I! ,.n~~nc whrtuKVr~.
i I Iti \tUTUALLI' A(:Rf.t~U THAT~ 111 If th~ yKi Mort~tagor .hall f•ril ur nrKk~1 to pay ~mtalimrnh un w~J Promucuty Note ur on any uthrr ~ivan~r or
~,1~li~~tiun whirh may br srruted herrby as the wme may hrreafirr lxrum~ dur. or u~x,o Jr(ault io prrfurman~t ot ;u~y agrcem~nl hrreunJer, ur upun sak or
,~~h~~ di-puvtion of ~hr prcmisrs by ~fost~gur, or should any ulian or pux~rd~ng tk Ii1rJ in any ruurt to rnfor.z any licn un, cla~m ~ainct or mtrrc~l m the
pr,•~n~xc, tl-en •rll wmc uwmg by thr \tottKagur to the ~lurtga~n~r undrr thi. ~turtga~ ~-r und.r thr Pwm~ceor~• ;~otr ~ccurrd hetrby .hall ~mm~~l~atrly brcome
J.,r and payabk .1 Iht opliun uf Uie \tortlugre, on the applirat~c~n of the ~tor~ga~re, or ac.~gner, u~ any prrwn w•ho may be rnhtkd to the mon~rs dur
~h: rrun. !n wrh tvent Ihr ~fu~lp,~tee shall twre the rheht immrd~atrly to forccluse th~s ~1ortRa~r xcurding lo law for thr cvlkrUon of the whok amount of
~h~ ,ndebtednesc and interest thetron plus rcawnabk ~Iturne~'~ fres .•o.h alluwrd b~• bw~ anJ any rmuunta :uivancrd purwant 1o thia Nortg~.
+'~ ~torlgagot a~rra:s to wrrendrr possr~vun of the herrmab~~vr JrknbrJ prrmnrs tu the Pur.h~.rr rt Ihe afurrw~J wk. immrJ~rlrly rfter wrh.~ak, m thr
.~rnt wch possession hu not prrviously bcrn surtendrrrd by ~torlgaltur. rnJ for frdurr to wrrcnJ~r pu~cr~s~un, wdl pa~ tu Purcha,rr Ihr rr~wnablr rcntal
~.,i~:~ of the prrm~ses duting or aflct thr red~mpUun prriawi.
~~ ~ In the event said pum~ses ue soW by Mortgager, AtortaaEor, if a signer of the Prom~cwq• Note, shall bt liabk (or any dtfirkncy remaining after sak of tht
t~r~ mises, and appli.:atan of the proceeds of said sak to the indebtedness securcd and to the expensrs oi ronductinF said nk, inrluJing attorney's fces and k6al
~ ~prnses if allow•ed by law•.
+~i Whentver, by thc tetms of this ~nctrumenl, ~turtgagee is Rrven any opuun, wch uptiun may be rxrrcisrd wh~n ttx rtght acrrue~ or at any tune Ihrrrafter,
en,i no acceptance by Mor1~~e or payment of mdrbtrJness in drfault chall ronsl~wte a wai~Yr uf any Jzfaull Ihen exishnR and continuing or thercafler
~. , r wnE. e
i5~ li Nortgagur shall pay sa~d Promissory Notr a1 the ume and in the mxnmr afunsaKl and_,haU ab~de by, romply w~ith, and July perforn all-the covenants
.,nd agreements herein, then this conveyancn shall be null anJ vuw! and Murtgaare w~ll, wi~hin the stal~tory penexl aftet wntten damand thercfor by
~furtg~ot, eaecutc a rekase or sat~sfxtion of this Murtga~r.
i~ ~ Votwithstandina anythinE in this MortEa~te or thr Prom~ssory Note secu~rd hercby to thr .onltary, nrrther Ihis Mort~taRe nor sa~d Promissory Notc ~Isall be
,7r~~mrd to impose on the Mortaaaor any obligation o( paymrnt, rxcept to the rxtrM that the wme may be kgally enforceabk, and any prov~sion to the
~~~n~rary shaU be of ra force or effect.
~' ~ 111 R1ort~on slull be jointly and sevenlly Gabk for fulfiltment of theer covcnanls and ~rremrnts hrre~n ~ronta~neJ and in sa~d Promissory Note.
~ tt ~ I f~ny Debtot is a married person, he represents and warrants that th~s instrument has been rxecuted on his behalf, and that he hu not executed the same as
surety for another.
~`1 r tach of us, whether Principal, Surety, Guuantor, Endorser, or other puty hrreto, hereby waires and «nounces, each tor himself and family, any and all
h~~m-stcad or exemption rghts in the proper!y conveyed herrunder, either of us hire ur-det ot by virtue of the Constitution or taw~s of any State, ot of the United
~tates, ot any ri6ht in the nature of dower or curtesy, of any statutory substrtute theccfor as agair~~t th~s debt or any renewal thereof.
~ I t)) In the erent the Mort6agor(s) tnnsferls) the ow•nership of the sa~d prcm~ses, or any put thereoi, the enure unpaid balancr of the debt stcurrd hercby shall
unmedutely become due and payabk_ ~ ~
19~ ~AR -5 IW ;~ 49
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