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i ~ ~ PNOI I('1 I lfl 11 t'UNI 11 HI R{ UI .\1l)Kl(~Al~OK ( U\ 1\:1\ I~ 1\U -\(.FtI 1 1 I l i i~~ A.:p .~iJ piru:i.c. ~n.~u:.l ~~t.+iii,t ~ur ,nJ .u.h othr~
:.~i~iUr, thr \lurl~~Krr ~na} ~p~c~l)', up tu thr lull v~lu~• o~ ~II ~ni{'~tuti:inrn~~ ~u~ thr prulr.U.in ul \1urtFa~.c ~n .u.h mann:r. ~n ~wh em~~.~n~,. a~i.l u~ .u.h
,~n~~~anii~ \1u~lE.~Krr nte) in~tn ~unc U~ Itm.• ~ppu~~~•. ~nJ lu A~rp lhc p~~li~ir. ih.•trl~~~, pt~~pciil rnd~~hrJ. ~~n .lrp.~.u uilh \1.~tlK~gc: rnd ~hel I,~.~
{~iu.ri'd~ (~t~+ ~~~nx'~ ol ~uil~•~l~i~n) ~11d~L :!t ~~ull~agta~s ~~{~Uun. bt appht'J nn wd U1d~•bti:lnr~~. ~aL'~Ih~f ~lu~• i~f n:H ut lu Ihr r~.wt..uun ~~1 »id
~•~~,n~vrmrnn. In cvcnt uf loe+ !11urtK~gor H~II gnr immaJiatc nupcr by niad lu Ihr \1url~t~Xr. Nh~~ m~> malr pruut ~~1 lu.. d ~~~1 m~J. >>tumptt~ hy
V~~itis~uf, ~r.a ;a.h ~n.uranrr rumpsny run.rmrd hr~rh~~ rulh~~ncrJ ~nJ ~Iur~trJ tu •flJAa' ~J1111Cfl1 t~~r .u.h lu.. d~r..Uc t~• ~1~~~t~~~r: in.?:~d .~1
V„~~F;~;ur. 121jo pa~ all ta~~~ rnd ~Fncirl „~r„mrr.h ul any' k~nJ lhal Devr trr.n ur m~) hr Ir~ir.l „r a.v..rJ u~,un v~~ pr•tn~.r., ur ~ny p~ri Ihrrrui 1311n
t!~~ rvrnt ul Jc(au11 by Murt~:yt~~r unilcr Parr~raph+ 1 ut ~ lIIUY~. NUII~,':ItL~a. Jt ~h opt~.~n I~~hriht~ r1r.lin~t t.~ Ji~.l~tr thr ~~hulr i~.drh~rJnr„ µ•.urrJ hirrli}
:t~:r ~nd culhct~bic ur nul), ma~ 1~1 rllrit ihr in~ur~nir ahu~r pru~tilr~ lur ~n~ pet thr rcawnahir p~rnuwu. anJ ~ har~r. U~rcrl~~r. Ih i pa~ all ,.ud t~~e. a!k1
,,•r..mrnt, Htihuut d~trtnun~ng thc val~Jrt~ Ihrreul. and Ic1 pa)' wrh li~•n, and ~II .u~h di~bu~.rm.nt. .hall tx• drrmrd a part ul tAr indrbl.dnr., .a.utrd hy,
i1~~• ~1~~t~~~gr ~nd +Aall t+~ ~mmrdut.ly dur and pr~able by ~luttgr~ur tu V~,rt~:a~t.•r IS) io krrp thr buil~m~. and uthrr ~n~prucrmrnt. n~~u ut hcrrrtlrr
;~~_tr~3 in g~•.aS ~ond~t~on rnJ repau. n~~t iu .um~m~ or .uffrr an~ w~.ir ut ~n~ u.r ul ..iid prcnu.r. wnu~r~ tu rc.in~t~+,n ~~r rr~~~td ut .~mtrrrq tu I~~.,
!..•.tnln:.~ or rcgulahoo, -uf pruprr puhh. authunty. ~nd t~i prrnut ~Iorl~eErr tu rnt.•r ~t all rrr.un.+tfir tunr. lor thr {~urpu.r ul im{x•.Un~ thr prrrm.r., nut
i•~ rrmurr ur drmu~nh ~ny hu~ld~ng thrrcon: to :omplrtr,w~tthin (y+t~: Hundred. F.?~tht) i IR01 Day. ur rr.turr {~r~~mpll~ ~nd ~n d YU:~i~ ~f~1J MU(I:IIIaRIIAt mrnnrr
hwWing ~.h~rh ma~ tx .un.l~uctrd. damag.d ut a~s+«,y~,~ ihtrcun and ti~ pe~. whrn dur. all :lain:. tut lab~~r {xrt„nnrd ~nd m~trnal furn~.hcJ th.rrtut.
ti Ihat thr umr ut paymrn~ uf thr ind~htednr.. hcr~by ,rcured. ur uf am purtiun thcrr.,f. ma~ trr rvrndrd ~~r rcnrt~~.l rnd rn} p~,rU~,m uf ~ht prrrni~e.
n.~.•ut drxntxd may. withoW nuU:., M~ rrl.a.rJ frum thr lirn h~rcul. ~~ithuut rclra.~nrt ~~r rfle:t~nE thr ~x•~.~m~l I~~tvluc .,n? pcn~m ~i~ ~urp~~rah.~n fur Ihr
;~.,~mrnl ul w~d indchlydnr,. ur thr hrn of tAii ~ncltu)n~nt upun lhr rrma~ndcr ui ,~id prrnul~•. lur Ihr tull ~muunt .~t ,~iJ ~ndrhtr.lnr.+ Ih.n rrma~n~ng
.ni~,,id, an.l nu .~an~. in thr ~~~nrr.hip uf u~J prrn~~x•. .hall r~tra.r. «dur. ot olhcrwnr a(Ir.i eri~ .u~li ~ti•~•,+~»I L.,hilit~ ~~n thr h:n hrrrhy .rratrJ. ~61
I h~t h.• t~ ~ai~cJ uf thr pr.m~~r, in trr .unplr J11, Ild\ g.~uJ dll~j IJN~OI nghl tu .unvey, IFx vmr! ~nd th~1 ii: J~~r, hrt.•h~ („rr~rr NJifd(11 ~nJ wdl f~~rctirt
1, I_:iJ thr htlr and pu,x~~.i~n ~hcrcul eKa~mt th.• lawlul ~Id101~ ui rny anJ al! p.•num ~~hat.~x•crr
11 Iti ~Il'Il'Al LY AGRFFU iHAi: 11) It thc .a~d M~,rtgagur ihalt fa~l ur nc~Irc1 io pay imt~llmrnt. un w~d Prumn~ury Nutr ur un any uthrr .?dvan.r or
,t lie.~hun ufi~ch ma) br ,rcurrJ herrby a, thr +amr map hrrraftet txcumr due. or u~x~n drfault in ~ilurm~n~r ul an~ aFrrrmrnt herrundrr. ~~r up.~n e~k ur
•t`~rr ui.p~,iuun ul tFh prrmitirs hy \lortgegur. ur ~huuld rny a:Uun ur rru.«ding tiir fil~d sn~ cuutt tu rnl~ir:r ~np Lrn un, rl:?un ~gaimt ~~r inh•re+t m lhc
,~~r,ni.r.. thrn all wm~ uwi~g by ~he ~tutt~sgur t~~ tht \lu[tga~e under th~, \turtgaRe or uneler thr Prum~+.ur) tiutr ~currd hr~rb~ ,h~ll inunrJi~trlp th~comr
,f~.i~ and pa>~ble st [he optiun uf the \turt~~~e. on the appli.aUon ~~f ttk ~turtgagcY. ur r„~gnrr, ur ~ny ~xnon uhu nir~ h~ rnutkd tu th~ munkc dur
th•:r~~~n. In wch rvrnt the ~1o~tg.~re .hall ha~r the nght ~mmrdiatriy to furcclu.r this Aturtga~e ~r:urJ~r.~ tu IJK ~Of Illi ~oik.liun ut ~hr Nhute rmuunt ot
~h, ir.drbtrJnr~~ and mtc«ct thrnon plus na~unabk atturrny'+ Irrc ro,h a11u~eJ h} law anJ any amuunh ad.~nrcd purs:~:~nl tu thn ~1urt~t~g~.
\lurtgagut agrrtti to wrrrnJrt po~x~+wn uf thc h~rr~nab~nr Jr+rnbcd prr~n~.r+ tu ti~r Purch~u•r ~t thr ~turc.aid .alr. ~mn,~diatrl~ attrr ~urh .~Ir in th~
~,rnt ~u.h Exrsu+siun has not prev~ou~ly tnrn .ur~rnJrrcJ by ~tortLaEur. anJ f~~r t~ilur~~ tu .urrcndcr Fx„u,.i~m. ~~dl pr~ t~, Pur:lu,cr Ih.• rre.unabl. rrntal
,,lur ~~f tF?e ptrm~x. dunn~ ur aflrr thr r~lrmptiun prrii,d.
~ ~ In the event said premise: are sold by Nvitgager, 11{~xtgaZ;ur, if a cign~r.vf ttK Promiswr? Notr, stull be liahlt lor arty d~fr ~ency [tmaming aftrr salc of the
;::nic~s, and appli~aUOn oi thr pro.r~ds of syid s~le td Me iad~btrdr~es~c s~:cured and to thr rtiprnxc ot iunductinK s.3id s.+lr. ~n.-ludiu~t atturnr~'c fers and I~g~l
,`~}~~nsrs ~f allowcd b}• IaW.
!-31 N'henevcr, by thc tcnm uf th~c ~netrumcnt. ~turtgagrr ~i givrn rn~ uphun, wch ~~puun may tx r~rn~xd uFxn thr n~ht a.crur+ ur a! rny t~mr thrre~ftet.
.~r;d nis acrcptsncr hy ~turtgnRrc or prymert of indrbtrdnesc ~n default ~hall conthtut~ A R31it'f of any drfault thrn e~~cnnK 3nd canUnumg or thrrcafter
s..ruing.
~`J If ~lortgagur tihall pty u~d Promicsory tiotr ~t thc Umr and ~n IFk m~nnrr :I~UI=~:111) and ~heU ah~Jr hy. :~mi~ly ~atth, and duly' p.rfotm ~II thc covcn:~n[s
~nd ,~rrem~nts h.rcin, thrn lh~+ comryanre ,h~ll ix null :u~d vu~J anJ N~rtgrgrr will, w~th~n th~ .t~tut~n pcn~xf afl~r unurn demanJ tixrelor by
~lvrtg~Kor, ~~rrutr a rclea~r or sati+faition uf thu ~turt~agr.
~n~ \otuithst:~ndmg anything m th~s btortgagc or Itx Promissorv tiotc xiurrd tnrrby tu thr cun[rar)', nc~thrr [h~. ~tortgagr nur wid Promi.:ur}• Nutr <hall be
,i. _ r.ird to impou on the Nottg.~gor rny pbhgat~un of pa~ mrnt, rccept t~~ the crtent thrt the same m.i} be lrgaiiy enlurc~ablc. ~nd ~ny pruvis~on to the
.~~~~trarv shail br of no forec or effcct.
i-111 ~toctgagors shal) hr jointiy and srveratlp IiaM. for fulfillment uf theu rovrnanl~ and a~rrem~nl~ h~rr~n .untamed and in viil Pruin~s.ury ~utc.
, ~ If any t)ubtur ~s a rt~arr~ed Fxrson, he rrprexntc and ~cerrants that this instrumrnt has bern ~tccuted un hii hh31f, and that he has nut rxecutrd thr same as
, ,r; r~ tor another.
'ai i arh of us, whrther Psincipai, Suret}, Guarantur, Endurser, or othet party hrreto, hereby wai~rs and rrn~unres, earh tor himxlf and familq, any and ~II
II ;.~~t;; ~tcad ot exempt~on rights ~n the proF~rrt} com~~crd h~reundrr, either of us have undcr or by virtue of thr (~onstiiuhun ur la~. s of am• Statr, ur ot thr l'nited
or any right in the naturc o! duW er or ~urtrsp, of any~ slatutor)' substitute therefur as ag~inst thic d~bt or an~~ reneual thcrrof.
j
i ~ I~~~ In the e~~cnt the ~ttirtga~urts) trancfer(s) the o~~nershtp uf the said prenu.rs, ~~r any part th~•nut. thc rnti:c unpaiS hal~n:~ o( thr d:b1 ~.utrd hereby shall
j ~~r:rdi~tely tkcume due and payable.
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