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under (h) of paragraph 2 prw~eiiina whall noI 1-p sllfflcient 1~- pay grouse) rrntw, taxi•x and rlxai•xanti•nly
Hail inruranro }}-ren-iunu aw lhP i•aae nlny 1-P, whorl the sonic shall 1-s`c•orni` dos` aril pupahli•, thi•it the`
nnn•tKHKor whall pay to t~re mt-rtRA~e ar-v ar»ounl uei•eAaary to makr up the drficirni••y, on iir Iti•i+tr+• tl..•
d:rlr when )-a\'lllent iif such grnund r-Pnta, laa~, aaoe4arnentw, or inwuranrr 1lrrmiums shall bi' ilui•. II
at an~~ limp the milNAag~ilr shall tender h- the mi-rtlcaKPP in ai•cordancr with the proviwutn:+ itt thi• nitti`
vsa•uri+il hereby, full t-ayment i1f the Pllti/'P i1111P11IP(iIIPRA reprewerlleil thereby, the mortgagiv• Fltnll, nt i•ttn!-
p11t~nK lhr amrnnt of such inlehteiine{r!r, rrs>.lil to IhP Ri•i'i-IIr1l fif the mitrlgaKi-r all paynlrnla Innilr outli•r
111e pn1~•iwiuns of ~a) of paragraph ~ hrrs+i-f which the r--nrt.Kaggs+e haw not. bri•onu` ohbKali•d Itt lta~• lit thi•
M'rderal Hi~using (~imrmiwwianer and any 1-alance rwnaining in 111r hauls aci•umulalyd undi•r thi• to tt"~:!iniil
of (h) of waid pAr'agratdl `~,. If I11e1'P s11a11 1-e A ilefallll. Irnllrr any of U1i` pri-viwinnw i-f thip n-tt{ tkaKi•, ri•-
9ulting in a polder wHle of the prenlinew roverwl hereby, ur if the rn!irtgaKs•i+ acquirs`w Lhr print+•r1~ ttlhi`r-
a•i.r after default, the morlgagee whall apply. at the Limr of U1r comnls`ni•rnls`nl of wurh proi•i•t•tbnyr: ttr ut
the tinlr the prolx+rly iw otherwise arquirwl, the I-alance ths•n ri`rnaininK in the` funds ari•untul,-ti•tl untlt•r
(h) of paragraph 'L prsywlinq{~ as a rrrdit aKainwt tt.hs+ amount of -rin•ipal Lhi•n rv•nu1!n{nK nltp:uil n-uli•r
u:.1 (u-ip ni~.i uhnl) U!'ubt•YIC rail lliMt. At1Y r-aVinrlllei whri•h s11All 1-avr iH4`rl Rla/lr Illlih•r (Q) ii~ 1i741t~ (UU il~[1 {Itilt,
`I•. That. hP Will pay all tA1ti'w, {iwwrnii{--:~iilR, K•atrr rati'{e, Riitl eillii'T j[iWi'rnrr::•r:Iai ter !!!!!!t!i'lli!tl !'i!!t-'X`•^,
1)new, or irr-l-itsit io11w, for which provision has n!-1 IN+en rnadr hrrrir-I-rfisri ; and in di•fuult I hi`ri•itf t ht• mitrt
gal,[er may pay U1e wane; and that hr will prurnptiy drlivi`-• the ultli~iat rw•i`ipiw thrrrfor- ti- thi• rritrlK:lKi•t-.
C~. 'That hr will Iw+rrnit commit, or enRer no waste, irnpair•n1i`nt, nr di`Is`rioration iif an{il pi igti•rt ~~ iir
i.1-y pilr-t. li-rrs•i-f : still in thc+ i+vi+nt of the failure of the r!-!,rt~agi.r t•- ks•nl- the bnildinKn on wa{o pri•ni{r:i•a
rend Ibitwr t.o ha s+riyts+il iin said prrrniws+w, or irnprnvrnlenlw t lemon, in g!N-cl rel-air, the nu-rIKnK+•i• nu11•
mules` wui•11 repairs na in liar diwrrrlion it. may dsy+n- nrcraaary flit the` proper prras`rvaln,n thi`ri•iil, nail thi•
full anwnnt of rich anti rver,Y wuch paynls+nt shall Iri+ imnlydiiltely dus+ nn1 1-{lyablr, nnl shall Iti• ,a•t tui•tl
by the lira of thin nlorlKaKs+,
fl. 'i'hat hr will pay all acrd wingular t.hs+ eiwrte+, chargrw, rend rzlx+n{isa, ini•IuilinK ri`aaonnl,h• Irr«•~•~•r'v
firs, and cowtw of ahwtrai•ta_iif title, ini•urrs`il or paid at. any lime Icy the nntrtKaKt•e Ls`i•auas• iif thi• fa{luri•
i-il t.hp hart Ilf the nlhrtgagf-r 1)rilrnptly Allil fillip ill IMrflirm the` aKrrrn!cntw IUld 1'i-~Y `INlllta iif Firl iii i11'i t-It
iawory rents and this nutrfKage, aril waid cowl-1, charges, aril rrttx`nwrw w1u111 1-i+ inno`ilultrly der iuul pa~••
ably wnd whall ix+ ors+cural by the lira of thew nu-rtgage.
7. That hr will krej- fhr inprovi+nu+ntw now s`xiwtit{g or hereafter ersytrd o-- the mortKnKi`il priqu•rty,
inaursyl aw may 1-s+ ri+ilnirs+d from time to time by the rnnrtKiaKiv+ against. Isar 1-y lirs• aril otbs•r h:aaril~:,
i•aAllaltlew, acid i'i-ntlllgellt•Ii+w 111 wUPh ar1N-Ilnlw still fi-r wllt'h prrjMl!i a!1 Itlily IN• rrillllri•d i-~' tnitl'tKay_t•i•,
anti will pay iromptly, whin due, any preniurus iin wurh in{curancs+ for pnyms`ot iif w•bn•h proC1!:!it1! hna
not. hs+rn mane hereinl-s•fors+. All in!lurance nhnll hi` rilrr•is+rl in cornpan{i`n apprit~•i•il It.• niin~IKaKi•i• :uul
the Ix-licie+w and rrnewalw thereof whorl) hr hsdd by rnorfKagrr and hwvs+ nllni•hs`sl thrrs•tst lima payable`
• i7tii?Si•i{ ii5 iiii'iii iii Ii1n1 ni t•.,.1. h+t:'+itil.+ii` i,i +ii:• .ii+gi.KNr(i•i'. lit i`•i-iit. i:, ii;aa ill` e4{{I i({4•!` tnllt!+•III:It+'
notirs+ hy rnail to nn-rfKaKsy+, rend rnorlgagre Wisp makr+ proof of Is-aw if rent nuuls• prstnpliy Ir}• non IK;iKitr,
aril i+ar11 inwurancs+ conipnn•y coni•rrned in hrrs`by anlhorized aril dirri•Is•d to maki` pa}•n1s•1{I flit anrlt
loaw dirsytly to morlKaKiv+ instead iif lit morlKnKor and nlorlKat(es` .jointly, aril the mnin-nnri• prtti•i•i•tla, iir
any F-arf. lheriv-f, may hr npplu`d by nlorlr(a{(s•r nl its option s•ilhs+r to Ihr rs•dui•tuui stf Ihi• insli•hti•dot•~a
lu+rrl-y wiyuriyl iir to the ri+wtoration ur repair of Ihr proprl•l}• dan-ags`d. In i`~•s•nt iif fors•s•loriort• iif Ih!x
rortgage iir ntlu`r tranwfrr of tills to the mnrtKags`il prolx•rty in rxlinKu-nhno`n1 iif ths` roil+•bli•tbu•r:rt
wirurrd hrrrhy, all right, of Ir, and inlerrst of U1e nlnrlgHgor in and to any innurani•s• pobi•o`n thin{ n! fori•i•
whall paww to the purchawer nr grantec+.
K. That the mortgagrr may, at any t.inle (a+nding a waif ulxm this nitrfKnKi`, apply fn the i•ourt 1u1~•
inK jurisdiction thereof for the apl-!iintrns`nt of a rsyeivi+r, anal Much cnllrt shall forth~~•ilh tlppontt n
i ••• , . ii•i v. .1r iii: „:{n:'n . •.• .. ,. .. . i n , :F: n u. ... :R ... :jR: , .,,• .., ~: ..
iwsui+s, and revenuc+il trots whatever source derived, ~earh~Hnd curry of which, it 1-i•inK r`xprennly nndi`r-
ali-i-il, is hereby mortgaged as if slx+cifically si+L forth and drwrribwl in the KranlinK and hilbi`ndurn s•Ianat•a
hrrw-t, wnd such rrcriver shall have all the broad and rlfe+c•tivr funi•tion!c iuul t-i-as`rn in nny1~•iai•
s+nlrustivl by a court to a rs+Ceiver, and wurh aplx-intmenl. whall lii+ mods` Icy -iuch i•ourt na an nilin!ttt•tl
srtnity aril H mailer iif Hbnolutr right. to said mortgagee`, and wilhonl rs`fs•rs`ni•s` lit tl-i` adriplni•~• or retail
equary iif U1r value of Ihr prole+rfy tnorlgnged or fn ths+ aolvrncy or it-nol~•s`ni•y of renal morlKnKor nr Ihi`
defendants, wnd that such rer-tw, prolitw, ini•omr, issuew, and rrvrnues shall I-r nppbeil by such ri•i•i•n•t•r
ai•ri-rding to the lien of this mortgage aril Ihr prac•tic•i+of such coati. In lhi` i`vrnt of {u1y ds`fnult its Ihi`
part of the nu-rtgagor hrrnunili+r, the mortgagor agriy+s M pay to the` nu-rtgaKrr ou slenuu-d as ;1 rs ;laid!
able monthly rental for ths` lrrmiaea nn an1!urnt at lanai rquivalenl tooni`-t~~•rlflh (1„) iif Ihi• aKKri•Kati•
of Ihr lwrlvr rllitr1I11IV tllnbllilllrntw piryill-li` in the thin rurrrnt prat plan ths• arlnill iunonnt of Ihi` a-!nnal
taxes awwrssments, water ratio, aril insurance lremiuma for wurh ,year Hilt i•m•i`ri`il by 11-s• afors•n{oil
mont~lly laymenls.
41. The mortgagor further rovenanls that should this murt~agr nail the` nots• ai•i•nrs•il bs•ri•by Hilt bi`
eligible fur insurance under the NafionHl Itrn{wing Acl within .'~ { from ths• ilatt• hi•ri`of
(written wtatement. of Any c(l)ear of the ''~t'tlrral llnuwinK Adtniuiatratii-n ill' JII{lhnrl/i`ii 31Ki`n) iif till`
Frdrral Hnusing ('ommiwsionrr dally) sul-seyturnt to the lint fr•on1 ihi` iblti` of Ihla
nloNgwge, declining to insure waid note and this mortgage+, Ix`ing di`s`nu`d i•onrluai~•s` proof iif nuri- in
eligibility), the mortgagee or the holder of the note may, at itel cellos, di`i•Itnr :1l1 au-na ari•llri•if he`re`by
irnmeiliately dt:r ari:1 ;.opal%Ir.
lU. That (n) in the event of any tlreach of this m~rtgaRr ~r default un the p{1rt of the min•tKnKi,r, nr
(h) in the event that any of said sums of money herein re erred to lic+ rent lromi-tly rend full~• laid ~~•ith
inrt demand or notice yr (c) in the event that each and every the wtilulatinns, aKrer-nents, coniliti!-ns,
and covenanter of saii~ note and this mortgage, are not duly, pmmtfitly, and fully Ix+rfo-•med ; thin in
either or any each event, the said aggregate sum mentioned in waid soft then remaining unpaid, Frith
interest accrued to that time, and all moneys secured hereby, shall txyonre due and payable forth~••ith,
ur thei'eatter, at the option of {raid mortgagee, ss fully and completely as if all of the said sums of -nrney
were originally stipulated to be paid on ouch day, anything In said note or in thew morlgHgi+ to ihr contrary
notwithstanding; and thereupon yr thereafter, at the option of said mortgHgiy+, without not ic•e or demand,
wait at law or in equity, may be prosecuted as if all moneys secured hereby had mahrrnd prior to its insti-
tution. The mortgrgee may foreclose thew mnrt,gage, err to the amount eo declared due and -avablc, and
the hold premises shall be sold to satisfy and pav the same together with costa, expenses, ani~ a~loH•ancrs.
in case of partial foreclosure of this mortgage the mortgaged premises shall be sold subject to the con-
tinuing lien of this mortgage for the amount of the debt not then due and unpaid. in such cast the prcr
visions of this paragraph may again be availed of thereafter from time to time by the mortgage+e.
11. That the mortglrgor will give Immediate notice by mall to the mortgagee of any rorrvi~vHrrce,
transfer, or change of ownership of the premises.
12. That no waiver of any covenant herein or of the obligation secrlred ht+reby shall at any time
thereafter be held to be a waiver of the terms herc~f or of the notQ treaured hereby.
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