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under (b) of paragraph 2 preceding aTull not tie sutHciea
and insurance premiums, as the case may be, when the i
mortgagor shall pay to the mortgagee any amount necesa~
date when payment of such ground rents, taxes, assesame
at any time the mortgagor shall tender to the mortgagee i~
secured hereby. full payment of the entire indebtedness rep
puting the amount of ouch indebtedness, credit to the aceot
the provisions of (a) of paragraph 2 hereof which the mop
Federal Housing Commissioner snd any balance remaining
of (b) of said paragraph 2. If theme shall be.a default undo
suiting in a public sale of the premises covered hereby, or
wise after default, the mortgagee shall apply, at the time
the time the property is otherwise acquired, the balance th~
(b) of paragraph 2 pr*~pdir_g ~ a credit against tie ~:?e
said note and shall properly adjust any payments which ahal
4. That he will pay all taxes, assessments, water rates,
fines, or impositions, for which provision has not been made
passe may pay the same ;and that he will promptly deliver
5. That he will permit, commit, or sutler no waste, imp
any part thereof ;and in the event of the failure of th~`fi-o~
and those to be erected on said premises, or improvements
make such repairs as in its discretion it may deem necessar,
full amount of each and every such payment shall be immF
by the lien of this mortgage,
6. That he will pay a':i and singular the costa, charge
fees, and costa of abstracts of title, incurred or paid at an
on the part of the mortgagor promptly and fully to perfor
isaory note and this mortgage, and said costs, charges, any
able and shall be secured by the lien of this mortgage.
7. That he will keep the improvements now existing o~
insured as may be required from time to time by the mort.
casualties, and contingencies in such amounts and for suc
and will pay promptly, when due, any premiums on such i
not been made hereinbeforP, All insurance shall be carri
the policies and renewals thereof shall be held by mortg
clauses in favor of and in form acceptable to the mortgaE
notice by mail to mortgagee, and mortgagee may make prc
and each insurance company concerned is hereby auth ri
loss directly to mortgagee instead of to mortgagor and ~a
any part thereof, may be applied by mortgagee at its optic
hereby secured or to the restoration or repair of the prop
mortgage or other transfer of title to the mortgaged- pry
secured hereby, all right, title, and interest of the mortgage
shall pass to the purchaser or grantee. -
8. That the mortgagee may, at any time pending a ac
ins jurisdiction thereof for the appointment of a receiv:
receiver of the premises covered hereby all and singular,
issues, and revenues from whatever source derived, each
stood, is hereby mortgaged as if specifically set forth and
hereof, and such receiver shall have all the broad anc
entrusted by a court to a receiver, and such appointment
equity and a matter of absolute right to said mortgagee,
equacy of the value of the property mortgaged or to the ~
defendants, and that such rents, profits, income, issues, t
according to the lien of this mortgage and the practice of
part of the mortgagor hereunder, the mortgagor agrees 1
able monthly rental for the premises an amount at least c
of the twelve monthly installments payable in the then cu
taxes assessments, water rates, and insurance premium
monthly payments.
9. The mortgagor further covenants that should thi:
eligible for insurance under the National Housing Act wi
(written statement of any officer of the Federal Housin
Federal Housing Commissioner dated subsequent to the
mortgage, declining to insure said note and this ~nortga9
~ii~iiili j%), i,iic iiivi~~ogcc a'3i :.line lav,~a,. .. +.a.., iivw-. ,
immediately due and payable.
10. That (a) in the event of any breach of this mort;
' (b) in the event that any of said sums of money herein re
out demand or notice, or (c) in the event that each and
and covenants of said note and this mortgage, are not c
either or any such event, the said aggregate sum mentio
interest accrued to that time, and all moneys secured hey
or thereafter, at the option of said mortgagee, as fully a~
were originally stipulated to be paid on such day, anything
notwithstanding; and thereupon or thereafter, at the opt
suit at law or in equity, may be prosecuted as if all moneys
tution. The mortgagee may foreclose this mortgage, as
the said premises shall be $old to satisfy and pay the san
In case of partial foreclosure of this mortgage, the mort
tinuing lien of this mortgage for the amount of the debt
visions of this paragraph may again be availed of thereat
11. That the mortgagor will give immediate notice
transfer, or change of ownership of the premises.
12. That no waiver of any covenant herein or of tl
thereafter be held to be a waiver of the terms hereof or
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