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3. It the total of tl~e pa ants made by flee Mortgagor under (a) of paragraph 2 preceding shall exceed the
amount of payments actually made by the Mortga~, for ground rents, taxes and aeacbaments, and insurance
premiums, as the case may be, such eaoees shall be credited on subeegu~ent payments to be made by the Mort-
gagor for such items or, at Mortgagee's option, shall be refunded to Mortgagor. If, however, such monthly
payments shall not be sulE'icient to pay such items when the same shall become due and pa able, then the
Mortgagor shall pay to the Mortgagee any amount necessary to make up the deficiency. Such payment shall
be made within thirty (30) days after written notice from the Mortgagee stating the amount o[ tl~e deficiency,
which notice may be 13'~ by mail. It at an time the Mortgagor shall tender to the Mortgagee in accord-
ance with the provisions of the note secured hereby, full payment of the entire indebtedness represented
thereby, the Mortgagee shall, in computing the amount of such indebtedness, credit to the account of thc•
Mortgagor any credit balance remaining under the provisions of (a) of said paragraph 2. If there shall be a
default under any of the provisions of this mortgage resulting in s public sale of the premises covered hereby,
or if the Mortgagee acquires the property otherwise after default, the Mortgagee shall apply, at the time of
the commencement of such proceedings or at the time the property is otherwise ac aired, the amount then
remaining to credit of Mort~a,~ar under (a) of paragraph 2 preceding as a credit on the interest accrued and
unpaid and the balance to t,tie principal then remaining unpaid on ea~d note.
4. lie will pay aIl taxes, aeeessonenta, water rates, and other governmental or municipal charges, fines, or
impositions, for which provision has not been made hereinbefore, and in default thereof the Mortgagee may pay the
same; and that he will promptly deliver the official receipts therefor to the Mortgagee.
b. He will permit, commit, or wffer no waste, impairment, or deterioration of said property or any part thereof,
except reasonable wear and tear; and in the event of the failure of the Mortgagor to keep the buildings on said
premises and those to be erected on said premises, or improvements thereon, in good repair, the Mortgagee may
make such repairs as in ire discretion it may deem necessary for the proper preservation thereof, sad the full amount
of each and every such payment shall be due and payable thirty (30) days after demand, and shall be secured by
the lien of this mortgage.
6. lie will pay all and singuL-r the costs, charges, and expenses, including reasonable lawyer's fees, and costa
of abstracts of title, incurred or paid at any time by the Mortgagee because of the•failure on the part of the Mortgagor
promptly and full to perform the agreements and covenants of said promissory note and this mortgage, and said
costs, charges, an~expenses shall be immediately due and payable and shall be secured by the lien of this mortgage.
7. lie will continuous), maintain hazard insurance, of such type or types and amounts as Mortgagee may
from time to time require, on the improvements now or hereafter on said premises, and except when payment
for all such premiums has theretofore been made under (a of paragraph 8 hereof, he will pay promptlyy when
due any premiums therefor. All insurance shall be carried in companies approved by 111ortgagee and the poli-
cies and renewals thereof shall be held by Mortgagee and have attached thereto loss payable clauses in favor of
and in form acceptable to the Mortgagee. In event of loos he will give immediate notice by mail to Mortgagee,
and Mortgagee may make proof of loss if not made promptly by Mortgagor, and each insurance company
concerned is hereby authorized and directed to make payment for such loss directly to Mortgagee instead of
to Mortgagor and Mortgagee jointly, and the insurance proceeds, or any part thereof, may be alp 'ed by Mort-
gagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or repair of
the property dammed. In event of foreclosure of this mortgage or other transfer of title to the mortgaged
property m extinguishment of the indebtedness secured hereby, a~l right, title, and interest of the Mortgagor
in and to any insurance policies then in force shall pass to the purchaser or grantee.
8. He will not execute or file of record any instrument which Imposes a restriction upon the sale or a•cu-
pancy of the property described herein on the basis of race, color, or creed.
9. The Mortgagee may, at any time Pending a suit upon this mort~age, apply to the court havinK jurisdic-
tion thereof for the appointment of a reeetver, and such court shall tort with appoint a receiver of the premises
covered hereby all and singular, including all and singular the income, profits, ~saues, and revenues from what-
eversource derived, each and every of which, it being expressly understood, is hereby mortgaged as if specifically
set forth and described in the granting and habendum clauses hereof. Such appointment shall be made b.•
such court as an admitted equity and a matter of absolute right to said 'Mortgagee, and without reterencc to
the adequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvenav of said
\lortgagor or the defendants. Such rents, profits, income, issue, and revenues shall be applied by such receiver
acc•onlmg to the lien of this mortgage and the practice of such court. In the event of any default on the part
of the tortgagor hereunder, the Mortgagor agrees to pay to the ~fortgaKee on demand as a reasonable tnonthl}-
rental for the premises an amount at least equivalent to one-twelfth (!;1) of the aggrogate of the twelve monthly
installments payable in the then currant year plus the actual amount of the annual taxes, assessments, water
rates, and insurance premiums for such year not covered by the aforesaid monthly payments.
10. In the event of any breach of this mortgage or default on the Hart of the Mortgagor, or in the event
that env of said sums of money herein referred to he not promptly and fully paid according to the tenor hereof,
or in the event that each amt every the stipulations, agreements, conditions, and covenants of said note and
this mortgage, are not drily, promptly, and filly performed or if the Mortgagor be adjudicated bankrupt or
made defendant in a bankruptcy or receivership proceedings: then in either or any such event, the said aggrc-
Kate Burn mentioned in said note then remaining unpaid, with interest accrued to that time, and all nione}•
secured hereby, shall become due and payable forthwith, or thereafter, at the option of said Mort ages, as
fully and completely as if all the said sums of money were originally stipulated to be paid on such c~ay, any-
thing in said note or in tlus mort~ago to the contrary notwithstanding; and thereupon or thereafter, at the option
of said :Mortgagee, without notice or demand, amt at law or in equity, may lie prosecuted as it all moneys
secured hen•by had matured prior to its institution. The ~1lortgagee may foreclose this mortgage, as to t~u•
amount sci declared due and payable, and the said promises shall be sold to satisfy and pay the same tokethcr
with costs, expenses, and allowances. In cave of partial foreclosure o[ this mortgage, the mortgaged premise
shall he sold subject to the continuing lien of this mortgage for the arnount of the do lit not then dui• s~n<I unpaid.
In such case the provisions of this paragraph may again be availed of thereafter from time to tinu• by the
Mortgagee.
11. No waiver of andcovenant herein or of the obligation secured hereby shall at any limo thereafter be
held to he s waiver of the terms hereof or of the note secured hereby.
12. The lien~of this instrument shall remain in (all force and effect during any pos[puncnu•nt cn• cxtcnsion
of the time of payment of the indebtedness or any part thereof secured hereby.
13. This mortgage is given to secure the purchase money, or a part thereof, of the lands 1-erein described
and is executed and di•livercxi contemporaneously with Lhe deed therefor.
14. If the I4fortgagor default in any of the covenants or agreements contained herein, or in said note, then
the Mortgagee may perform the same, and all expenditures (including reasonable at.tornev's fees) made by the
:Mortgaggee in so doing shall draw interest at the rate provided for in the principal indebtedness, and shall be
repa~•atrle thirty (30) days after demand, and, together with interest and costa accrued thereon, shall be secured
by t~iis mortgage.
15. Upon the request of the tiiortgagee the Mortgagor shall execute and deliver a aupp:mental note or
notes for the sum or sums advanced by the :Mortgagee for the alteration, modernization, improvement, main-
tenance, or repair of said premises, for taxes or assessments against the same and for any other purpose author-
ized hereunder. Said note or notes shall Ire secured hereby on a parity with and as fully as it the advance
evidenced thereby were included in the note first described strove. Said supplemental note or notes sl-all bear