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3. If the total of the pavmenta made by the Illortgag~
amount of payments actuary made by tho Mortgageb, fa
premiums, as the case may be, such access shall be credo
gagor for sucl~ items or, at Mortgageo's option, shall be i
payments shall not be sufficient to pag"such items when
Mortgagor shall pay to tl-e Mortgagee any amount necea
be mado within thirty (30) days after written notice tron
which notice may be given by mail. It at any limo the
since with the proviatons of the note secured hereby, t
thereby, the Mortgagee shall, in computing the amount
1\Iortgagor any credit balance remaining under the prowl
defaullt under any of the provisions of this mortgage resu
or if the Dortgagee acquires the property otherwtae atu
the commencement of such proceedings or at the time I
remaining to cnKlit of Mortgagor under (a) of paragrapl
unp~iid and the balance to the principal then rnmamtttg
4. He will paw all to:es. aeeeaameate, water rates, a
impositions, for which provision has not been made heretnb
oi..:.~; anu that h:. wilt promptly dPliF~Qr the oi5ci±-1rec~ilti
b. He wi:l FR"rt3iit, wuuuit, v; olPlsr n0 waste, imps.*rm
except reasonable wear and tear; and in the event of the
premises and those to be erected on said pr :lass, or im1
make such repairs as in its discretion it may deem neceesar;
of each and every such payment shall be due and payable
the lien of this mortgage.
6. He will pay all and singular the costa, charges, an
of aLstracts of title, incurred or paid at any time by the Mop
promptly and fully to perform the agreements and oovew
costs, charges, and expenses shall be immediately due and f
7. He will continuously maintain hazard insurance,
from time to time require, on the improvements mow or
for all such premiums has theretofore been made under
due any premiums therefor. All insurance shall be carr
ties and renewals thereof shall be held by Mortgagee am
and in form acceptable to the Mortgagee. In event of 1~
and Mortgagee may make proof of lose if not made p
concerned is hereby authorized and directed to make p
to Mortgagor and Mortgagee oit-tly, and the insurance
gages at its option either to tl~e reduction of the indebt
the property damaged. In event of foreclosure of thif
property m ext5nguishment of the indebtedness secure
in and to any insurance policies then in force shall past
8. He will not execute or file of record any instrun
panty of the property described herein on the basis of
9. The'~lortgagec may, at env time pending a suit
lion thereof for the appointment o~ a receiver, and such
covered hereby all and singular, including all and singu
ever source derived, each and every of which, it being; ex~
set forth and described in the granting n,ui habemluir
such court as an admitted equity and a matter of a'usc
the adequacy or inadequacy of the value of the propel
Mortgagor or the defendants. Such rnnts, profits, incoi
according to the lien of this mortgage and the practice
of the \iortgagor hereunder, the Mortgagor agrnes to pe
rental for the premises an amount at least equivalent to
installments payable in the then curnnt year phis the
rates, and insurance premiums for such veer not coven
10. In the event of any breach of this mortgage a
that any of said sums of money herein rnferred to be nc
or in the event that each and every the stipulations, i
this mortgage, arc not duly, promptly, and fully perf~
made defendant in a bankruptcy or rncciversliip procM
gate sum mentioned in said note then remammgg unp
secured hereby, shall become due and payable forthW
fully and completely as if all the said sums of money a
thing in said note or m this mortgage to the contrary no
of said Mortgagee, without notice or demand, suit al
secured hereby had matured prior to its institution.
amount so declared due and payable, and the said pre
with costa, expenses, and allowances. In tees of park;
shall be sold subject to the continuing lien of flits mort,~
In such case the provisions of .this paragraph may 8a
Mortgagee.
11. No waiver of any covenant herein or of the o
held to be a waiver of the terms hereof or of the note
12. 1`lie lien of this instrument shall remain in fug
of the time of payment of the indebtedness or any gay
13. This mortgage is given to secure the purchast
and is executed and delivered contemporaneouisly wit]
14. If the Mortgagor default in any of the covens
the Mortgages may, perform the same, sad all expendi
Mortgagee in so domg shall draw interest at the rate
rep~yablle thirty (30) days sitar dennand, and, together
by this mortgage.
lb. Upon the request of the Mortgage the Mor
notes for the sum or sums adveaoed by the Mortgage
tenanoe, or repair of said premises, for taxes or assesan
iced hereunder. Said note or notes shall be secured
evidenced thereby were included in the note first desc~