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and8r (a; at .... I ~.'" ~.... .......... __... MeM..rNlMlb
pd i...-~i~ M .. ... .. .... __ tM....~.. "'1~ ... ..... ....... th.m Ow.
m<.1~ !I*Y to .. :=: .., _._ ISiM M' 1J............-1 f ~, OlD .. WON th.a
dat" ".... .."..t vi. ... ,..."..... .. -~IJllt~. bilL liB PI..I........ be du., Ir
At &af tiIIiDe tM ao~ 41. ...... __ Ie .. ....,..,.. . ..lull fl i. ... .. ~ 01 the ~
~u.n.d ~. 6lU ~ of....... \at.u....... IJ-'1I5 ........... -mr......... ""1.10 ('Om-
puUna tat- ~ 01__ iaoltlllhlh--..... t,l) -. MI~.. ""IIJQ(~.'-:;' an ~ta ~ undf!r
the p~ of I.) 01 ~... 2"'" ~ the ~ taM DOt ~ obUptAd to pay to tJw
redeal Hou.u1C ~+.I Mr IlIld ... ~h~- J I ~~= hmdla ___~ va_ the. pro" iaior.t.
of (b) o1l&i4 ,.,....,..,.. J. 11 theft IliaD ... . cWaaIt .., <<f tile ~ cf th.. ~"t., ~
~lu.c ia . publk.... 01 Uw\ plWD- ..wud Mniby, .. it die ~:r:. 'rea ~ ~rty otMr-
..i.M an.r default. t!M ~ IhaI appa" at the tiIM.,... CCI'IU of IUcl\ ~np or &t
ttw t:tm6 dM pi"Opwty ia ~ft'W_ ~ the ~ u.. RIUhliDJ ta~ f\md:a a<<umulatf!'d Ul'IdilT
(b) ol ~ 2 preeedlnt'M a <<tdk ap!Nt tbt IID08at of ~pel then r<<n.AiBil'lC un~k1lJndH
aaid note ucl alW1 properi, adJuat tJ1Y .,...ta which ahaD ba\"e been ma4t under (a) -of aa.ld parqraph,
4. That ~ ~1 PQ &ll,wea, ,*!1 l1l'-ta. "JIl'ater r..... ADd ot,hel" ~tal or Mo.nkipal CM.tI't'~.
ftn-. Of impolUUo-M, fot wnteh ptO'Vlaioa bM not helD 1'JUlde. bf:rtiabefOft, &ad in default t.h~f t.hf' mtH't-
......, ~ the........; and that b. will promptly cklivv u.e olIcial rec..iptA t.tMfttor to lboe mor1,A,it'(',
6, 'J."hat ~ will pe::mit, commit., (If .1:l1feroo .ute, impairment, Qf ~loration of laid p~rty or
any part th~reof: and U\ the !f"!nt~, t..~ t&i!ur6 of th. rr~ to ke.p th<l bulldin;rll on aaid p-n:'mi.M'3
&!ld thOM to tX'.~ ~ a&.ld V~~ or unpro"~lllfmta ~I-eon., in tood repair. t.h~ mort.~ may
m..ake lucll "-,pa~", U 1Q .ta d}acrglOO It may ~m n~ for th(< proper preaervaUofl thfl'f't'Oi, and thl"
tun lJ!A1)Ut\t of l".-cll and et<<ry auet. pl\YfM'nt _hAll be ~..tely dtMi and payable, and allail be ~urt'd
by th1! lien of th.ia mOl"tpC'e.
6.. That he _HI pay all .nd a1nc\ll.ar the coat.., char..-. and ax~, including ~UoOfiabk' lawyt'!f's
ft*, a.nd roata of ..betr-acta of tit", incurred or p.tjd It an,)' ti~ by the rnorttfa~ D<<aU6t! of the fa,lIure
on t.h. part ol ~ ~r promptly lad tully to perform the ~menta and COVEn4nb of ..iet pN)m.
!..taory not.t\ and this ~ .nd Mid tOata, ~, aft6 a~ ..nail be imro~jately doe and pa}'.
&bkl and ahiJl be lIlIKQred by t.he 1i~ of thia m~, ,
7. Tb.&t he.m kwp ~ imprm.m~u now exiati~ Ql' ~r <<f'ectl"d 011 tht' rno~ prnr~rty.
inauNlf.1 N ma.y be n>Qui"", from 111M U> time b)' the mo~ ~Mt lou by fIfe and ottwor hUAfll3,
t':UUa1u.. and ci)otir~ndttll in IlKh amounl4 and tor .uch ~p.ri0C5 ... mAY 11(> reQuired by tn{)rtg.g.~.
and will pay promptly, when diJ~. any pNmiUffil'l fin Buch.IMUranc:~ for p~;'-nlf'nt of which pro\'lllion hu
not ~ ,D).de h@l"'elnbe~ort>: Ail IMU~fk'i' .hall be) carried in companift'J Approved by mortpge-t' anrl
the pohtl4la and f"efl(IW&!e th~not ah.&H t~ ht'td by roo-~ and nave &tt&:h~i tht'rrlo 1(M1.8 ~,.y.hl~
elaUMfi in favor of and in form &CC"pt.abltl to the morta..-, In evtnt of 10M he Will gin' inlmt'\Hate
notice by mail tA.) mo""~, and mort.g~ mAY make proof of }.;)4S If oot. mild,' proinptJ)' by rnort'il~r,
and t>.ach inlSuu.n~ company rone....mt'd i~ hl't~b}' suthoriwd and dll"<<t<<l to ma~e I~ym4!nt for &uch
I~ direrdly to mortaa(ft'e inlitelo of to mortgagol' and mort~ jointly, and the i/1.5UrlirH;~ pftK:4~dt\. or
lUly part therrof. m.llY be f:lpplie,d by mortg!\~(' at Ita option ~!ht'r to the r~ludion of the in(HHedll~!1
hereby MlCur0d or to tilt' NlSt.onaUoli or N'p,air of the pNpert)' d51Tiaa~'\1. In (.vent of for(',d~lHt' of thi~
mort~ or Qlh1!i" tra.n.sfer of liU~ to the mortttlll'<<l prop<<1.y in f':diflJtU~hm('nt of the i\"lrl('btt'-drH'M
8<<."'Ured hereby, all dgM. titl-e. and inten1tt of the mort~ in and to aoy msurafice p,olici~ then iT! (or~e
6haU p6M to the J>tl!'dtuer or ~at\tee,
8. ThAt the mort~ may, at ~t1)" tiov.! P'C'hding A lult ur.tO!; this mor1ili'8"'. I\pnly to thE r.oor-t hav.
ing juriMlction UH:!'e<Jf for tht' appt)intmf.'ot of B Tf'Ceh'er. IHid I'i\leh CQurl shall torth.....ith appomt 11
!'<<'-d....~r of the pl"'t!rni&<':3 ww!"\,,-1 her-eby All and einsulu, induding ali and 8lnf(I.lIAr Uw ;0(001.... profits,
IMU.... and l'EYenU~ from what.t!v~J' 1Q\i~ derivM, e&c.h and e'i":]' oj whkh, it being l'xpr-eMiy und~r-
AV.Jl:>d, is hfJreby rnort~ u if .~ifka11y .rt forth and ~ribf>tj in tl~ ira!ltw-z and ha}).e.ndum dalJM:il
hNWf, and Iueh ttX't'I"'N' Ahall have aU the broad and effoctivc functions and powen in all}'wi~f'
er.trU!tM by a court ti) a roc~iver, and 5uch appointm{Jnt .hal! iX' made by lliJch COllrt L" lifl IHlrllitlfd
t'quity and a matter of ab&olute right tn uid tnQrtRagt't', and without rdNf?nc\' to Hw 8:,h~u&c:.. or 111<ld.
c.qU8.CY of Uw value of tht.' prol-'~'rt)' mortiJagNi or to tho wlvcncy or iH&olvenc}' of Mild mortgal{or or HH'
deJ't"nda.nt&, and that such rcntJI. prot\l4. lh((>>11t', iMU('-,j, And f'(;y~!1ue-ll &.hall be app!lt.-d by such H'(;j!iv.,t
ACt.'l)rtling to t.hf' hen of thia mortgagt:- and the PfA-Ct!C~ of euch courL in the event of any default on the
part of the mortgagor }H:rcundf.'r. the mortgaj{or llgr~ to pay to the mortiaj(!'-i' on d€mi\nd aA'1\ n?alWi!-
able monthly N.'nt.al for the p(('mi5e!i an amount at INUit e<lulvalent to on('-.lw('lfth (II') of the aSKrq{at..'
of the twelve monthly in~tA\lm('nt.8 p3Yllb!e in the then CUn't'nt )'ear ;Jlus the actuallUllollnt of thl' annuni
ta..'l(ffl 8.MeM!nent.!, wal,('r ff\tH, and Il....uranca pr-emiul115 (or 8ucn year not rover.~ by the aforf>AAid
montiiiy payrnentA, .
9, The mortga,gor f'urthN co\"{'n~n~ t!1t\l should th!! mo rtg4\S((, and the flfjt~ !l(~ilrd iwn'!'y not [>t'
~liKil>le (or inAuraut-e ui1d~r tl\{~ National Hou~lflg Act within 3U ij,:\I;) frfJr!l thl' dak her."-()f
(writt~n .ut.(!ment of Il11Y offlc"!r d the F~Nlll Ihu.lJing Admini~trllti(;n H authotl.l('(l 8l{f.nt of th('
Fe"tknI lIouAing CommL!l.llloner dated 1Il.itA~1ut'nt to the 3 J 0:,\ ,1 tll1H' from th(' dak of th\!;
mortfl~. declillil\g t.o !n~ul"e uld note ll.1id thil lliort.gak"l." 1~lng tj(>{:llWrl <!..ilirlU';I\'(, proof of Ilurh In.
diKibliity), the mc;rti&~ or t.he holder of !.he noti) m.y, at it..'l f'ption, Mdu(' all aUffi! &-e<:ur~i her\.'b}'
L-nmi~1Jatdy du.e And pGyabl-t,
,to, 'In~t (a) in the eWflt ,or Il!1Y brllMh or th~ :-Hort'8.ge or default on tlw pat~ of th(> m,ottiago.~, or
(b) III the e\-'Nlt that any of Rid il.irmt (,,f mOf\@Y h~relll rt~d,>rred to t>':' .n!'1t p:,"Plpl.) and full) f'AHI. v: Ith-
out G'!'Inand or nQtic-.e, or (c) in the ""vf'nt thAt {'M:h and ('very \hI! stlpulatWI'HI, f\gr~m('nt!l, ton(lit!Of~S,
amI COYeMutA or uld notA! And thi$ nwr14a.I't'. are not duly, prDrnptly. and fully r~.'rformf'd; then .In
~!ther OJ" any .uch t'V('nt., the aaid agv.r~t(> ~urn mentioned in u!d ~ot.} thl?n r{'maln_i~~ ;inpaid, ~,lth
mttr63t &eaued to that tlfl1;J. &n<.i an !n<)...e'y~ Sf'~un,d hut>b}', I\.hal. tJo'."COfnf: dul' i\nd llil} "bl(> torHI with.
or Uu~rt>aft.o)r, at thl\ option of s-Rid ffi{irt~<<,. M fulLy iln~ ciJnlpletely ~~, if ~l o( thf! uid sums vf money
we~ oriKinl\!ly atipulate-d to he paid on such dAY. inything 10 !Wihl !lot€ orin Um n!ortgfl~e to U.e C:'i\~rary
notwlU-!-$t.tldin~; .and thut'upon or ~n~tter. ..t tl1l' optlOH of iU\ld rnortgi\gl'e. Without nolln. \ir ~t'lrlimd.
8uit at lAW or ill Equity, mAY b(l pr(~::utt'"d M if all moneya ~tlrro herd,;)' hl!d ma.tuH-":} pnor to I(.~ !f1..'ltl'
tul.i<-rtl. Th~ ':l.or4I~~ li.iAY torf"(h~ th~ rnort.i-Je, M to th.~1l:nuun,t ,-so dt<<lah'd live al\~IJ}a{'n.h~('. and
the u.ld pf'ettH~ !thAII 00 li~d to silt..f)" And f..ay the SAtl'H' togttLer ~'Itn ('.~l>l"E'xpensea. ~,\ lutU"HlfiCes,
In (-ll,N of pullal f~:k~.lr-e of t.hls rrHJrl.all~. the morlf{~flOO vnrrH~M aht!H t~ !!Old f>u\;J{-'<'t to the ('on.
t1tHlin. Ii~n ot this mortgage for th~ aInount of. t1H' <k>bt not th~ d~(' And u,flllAHL In alien ('&M! the pr<r
vi,ioM of thb parfi.lT"ph may A-gi\in be Av~I~:J of there--aftu from t1ml' to time byth~ mort~,
.
11, That the morti'Aj..Jf ~11I five irmn~1Iat{' notlct, by m~n to th~ fTiOrtHa..rI)e of any eonvcyt.f1C(I.
lru.3fer. or chafl~ of owner"hlp ~h the premls-ea, . ' .
, 12, That iH> wAi\'f'1" (If any t('tVN)ant Mi~l~ Of of t~e c-bilgati(ffl ~urf'd hf!t'!.'by ~hAll at any Umf}
thtno'attA!r ~ held to ~ a waiver of th~ kf1Tllj he-riX'1f or of tho n0\4 ~HJdh,-,w}y,