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..i. 3. If the total of the payments medll by the Mortgagor un,jer (a> of paragrllp!1 2 prt'<'ooing lI.hall e:\c('('l.l the
~amount pf payments actuaiiy maul' by t~le MOrtgage.1, for ground rente, 19H"8 and IU\!WMH'ents, bllll il\!luran~
>-:premiulJ1s, as t~e C&..'\e may be, 8uch e'{cess ".llall be credit~'i on ~ub!leql!ent payments to be mad3 by the Mort-
t.~agor for such Items or, at Mort{;RgOO's option, sh!\ll be refunded to Mor~AJOr. H, howevl'r, such moathl::
~pby.nents sha.ll not be sufficient to pay 8uch items \ihlln the p,ame anNl becOllltl due and pa~l\ble, then tl)(.
C 1\{ortgagor sha.ll pay to tlta Mortgagee any amount necessArY to make up the lh.tieil'ncy, ~uch payment Shill!
l-be mBde within thirty (30) dRYS after writhill notice from the Mort~agee stating the amount of the ~eficiency,
C~'hi(;h I?otice may ~ pH'n by mail. If at any tilllfl tbe Mortgagor shull tt'nder. tc ~he Mortg:J.gee In accord-
=--tlnce With tbe prtWIslOns of the note secured herl'by, full payment of the entlrl' mdl'btedness rt'prl'lWl!tl>Q
- \hereby, the Mor..gagee tilit.ll, in computing the amount of such :ndl!'bted..eS8, credit to ~ilt:. account oC till'
.... )fo' zagor any =redit baianl:e remaining under tbe provi8ion3 of (a) of !U\id par~aph 2. If there llhan be 0.
'-"dl'fault under any of the proviEUons of this mortg~e l'('sulting in a public il&!.. of thl' prf'mi!lt'S covered hl'rl'by.
or if the Mortga.gee aC'quirt:"8 t.b3 I'r0~erty othf'l'W1Be after def:\ult, the M...,tg~ee ;Ihfll: apply, at. the tim(, of
the commenCf'ment of 8uch proceeUing8 or at the tilfit' tb(' prvpf'fty is uthf'rwlBe (\cquired, Ihl' ar.tount thNI
remaining to ('t('dit of Mortgagor under (a) of paragraph 2 preceding 'Ul tI. credit. on the intcrt'st accrccd and
~np!\id and the balance t~ t.he principal then rems.ining unpaid on said note.
'i. ~-Ie -.ruI pay all taxes, aMElMIDor.ta, water rates, and othbr govE:nunental or municip&.l chargee, fines, 0:
impoeitiODl!, for which provWon hM not been made hereinbefore, and in default thereof the ~dilr..gagee nay pay the
same; and that he will promptiy deliver the official receipts therefor to the Mo~.
5, Be will permit., oommit, or 8uffer no waste, impair1Jlent, or deterioratior. of said property or any part thereof,
except reasonable WMl' and tear; and in the Event of the failure {\f the Mortgagor to keep the lmilding3 on said
prem.i.se8 and thoee to be erec~ on Il&id premi8e8, or improve1D('l1t8 thereon, in good repair, the Mortfagee roay
make such repairs as in iu diacretion it may deem neoeatary for th~ proper preeeTVation thereof, &lid the full amount
of e~h and every mch payment ahall be due and payabkl thirty (30) days after de..m&nd, and Bhsll be secured by
the lien of this mortgage,
6. He will pay all and singular the C08t.a, charges, and expeD8e8, including reasonable lawye:'s fees, ana costa
of aDitruts of title, inc\ll'l'OO or ps.id at MY time by the Mortgagee beca\.Ule of tbe failure on the part of the Mortgagor
promptly aad fully to perform the agreements ~d covenants of said promieeory Dole :\Dd this mortgage, snd !laid
C08t8, ct~, and exp6Me1l !hall be immediately d'ie and payable and shall be l!IeCureci by the lien of this mortgage.
7. H~ will eontinu,:llWy maintain hu.a.rd insurance, of 8uch t~ or typea and amounta as :Mortgagee may
from time to t.im~ require, on the improvements now or hereafter on &a!d premises and. except when payment
lor all such preInlUlD8 has theretofore been made under (a) of paragraph 2 hereof, he w111 pay promptly when
due any premiums therefor. All insun.nce shall be ca..'Tibd in companies approved by Mortgagee and the poli-
cies and renewals thereof shall be held by Mortgagee and have attached thereto 1068 payable clauses in fa,or of
and in fonn acceptable to the Mortgagae, In event of loss he will give imm::mate notice by mail to Mortgagee,
and Mo~ee may make proof 01 f088 if not made promptly by Mortgagor, and each insurance company
concerned is hereby authorized and ciJ.re~Uld to make payment for 8uch loss directly to Mortgagee instead of
to Mo~agor and Mortgagee jointly, and the insurance proceeds, or any part thereof, may be upplieJ by Mort-
gagee at its option either to the reduc~ion of the indebtedne8& hereby aecured or to the restoration or repair of
the property dam~ed. In eveI\t of foreclosure of this mor(gage~.or other transfer of title to the mortgaged
property in extingUishment of the indebtedneM secured hereby, all right, title, and interest of the Mortgagor
m and to any insurance policies then in force shall pass to the pureh&ser or gnmlee.
8. He ,,,,ill not execute or file of record any instrllII1ent which imposes a restriction upon the sale or occu-
pancy of the property described herein on tbe basis of race, color, Of' cretl<i.
. 9. The Mortgagee II!ay, at any time pending a suit upon this mortf\'~e, apply, tD thr C{)~lrt tun'in!! jmis<lic-
lion there<>f for the appollltment of a receiver, and such COUl't shall fortm\'1th appomt a fl'Cel\'l'r of thr premises
covered herebr all and singular, includin~ all. and, singular the income, pro~t~. issu('S, and revenues. from, what-
eYer 80111'Ce denved, each and en'!"} of which, It belll4" expresdy understood, 1S hereby mortgaged as if spec1fl'.'all\'
set forth and described in the granting and habendum clauses hereof, Such appointment shall be made b,'
such c~urt as an admitted equity and a matter of absolute right to said ~lortgagee, and 'without reference to
the adequacy or inadequacy of the ,alue of the P!operty !Dort.gaged or to the 801wncy or insolvency of said
~lortgagor or thedefend~ts. Such rents, profits; Ill.come, lSSUes, p.nd raycnues shall be applied by such receiver
Recording to the lien of thiS mortgage and the practice of 'luch court. In the event of~y default un the part
of the Mortg&gor hereunder, the Mortgagor ~e{'s to pay to the ~Iortgllgee on demand e.s a reasonhble monthl\'
rental for the prerr.ise~ an amount at least eqUl\'alent. to one-twelfth (;';,) of the aggregate of the twelV(' monthl~'
installments payable III the then current year plus the actual amount of the annual taxes, ~sessments, water
rater, IWd insurance premiums for such year not covered by the aforesaid monthly payments.
10. In the event of any breach of this mortghge or default. on the plU't oi the ~fortgagor, or in the event
that any of said S\llL.A of money herein referred to be not promptly and fully paid according to the tenor hl'reof,
cr in the evect that each and every the stipulations, agreements, conrlitions, and covenants of said. notl' and
this mortgace, ~e not duly, pr-omptly, !"ld fl~ly perfo~ed or if t~he ~Iortgabor be adjudicated bankrupt or
made defendant ill a be.nkrupky 01' recelver8~p proceedmgs; then m either or sny such event, the said aggre-
gate sum ml'ntioncd in said not~ then remainmg unpaid, with interest ~~rued t,=, that time, 8..'1d. all money
secured herebYi sh&ll heco::}e dUE> iilld payable forthwith, or thereaiter, at the option of so:lid Mortgagee, as
fully IUld comp etely 88 if ail the 84id sums of money were originally. 8tipula~ed to be paid on such dav, any-
thing. in said note or in, this mor~age to the contraI"f notwith8~ding; ~d th~reupon or thereaft<:r '. at the' option
of stud ~fort.ga.gee, WIthOUt notice or demand, IJUh; at law or m eqwty, may be prosecuted as If nIl monrvs
secured hereby had IP.atured prior to ito institution. The Mortga~ ms)" foreclose this mortgage as to the
amount 80 dedared due and payable, and thE: said prem.i.see shalllit' sold to satisfy aud pay the ua:e together
with coats expe~, and allow~~. .In case ~f partial forecl~ure of this mortgage, the mortgagf'd prl'mises
shall be 80id subJoct. tD the contmumg hen of this mor~~ for tlie amount of the debt not then du!' and unpaid.
In such case the provisions of thia paragravh may agam be ava.iled of ther~l\fter fmm \ime to time by the
Mortgagee.
11. No waiver of anv covenant herein or of the obliption secured hereby shall at "ny time thereafter be
held to be 8 waiver of the WMUS hereof vr of the note eecured hereby, .
12, The lien of this instrument s}lall remain in ftill fOl'C'-il and effect. during any postponement or f'xtf'nsion
~f the time :)l payment of the iudebtedr,..". or any part tht.roof secu..-ed hereby.
13, This mortgage is ~ve& ro secure the purchue money, or .. part th&oof, of the !'lnds h6rein described
a.nd is executed ana del\verM contp.~!JlporanooualJ with the deed thet'bfor, .
14, If the Mortgagor default in any of the ooYenallts or ~ment.a cuntained herein, or in said note then
the Mortg~et' may perf,Jrm the .arne, and 811 expenditure-3 (mdnding rouonablll attom~Y'8 fees) ms.de by the
Mortgagee !Jl eo doing &hall draw moortl8t at the rate provided for in the prin~,ip.u indebUldilesa. and s.:u,U be
repanhle thirty (30) days after demand, and, together with int.enet and CfJ8ts &eCl'UI~ thereon, .hall be secured
by tlili. .&nort~. '
15, Upon tht. nqueet of the Mortgagee the Mor~r sh,U execu~ ano. deliver .. 8Upplementt.l note or
oot.ee flW the sum or lu.ms advanced by Lh6 Mortgagee Cor the aJtN'atio>1. modemizaoon, improvement, mWi-
t8lance, or rep..u- ~f 83id ~, for t.u:ea or NMMIYl~~ta "1I\inst the u,ine fJld for any other purpoee author-
~ ~under, SAid ~tA'l or ~te5 ahall be eecu;ed "~D' on A I>uj.t,y with and as tully... if the wvan~
eVldenced thereby wen. Illclud,ed, m. the note firs\; d,~r.r~'>eti above, Said .upplemeDt~ note or no~ shall bear