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ru PACE ~2
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Mortgagor aha11 PllY to t.he Mortgagee any alUount. nec~l'Y to make up the defid,'ncy, Such payment sball
be made wit.hin thirty (30) days after written not.ico from the MortKa~ staling tho amount of the dl'firil'ncy,
wbicb notice may be Jiven by m~, If a~ any time the Mortgagor shan ....ndt'r \0 thl' Mortlt<et1 in accord-
ance with the provi81ons of the note IIflCUred hereby, full paymt'nt of tht' entirl' indl'btNlnPllS rt'preSf'ntl-d
t.hereby, the MortglaKfle shall, in computing t.he amount. 01 such indebtNinl'S8, crNiit. to the account. of thl'
-Ml)rtgagot any credit balance remaining under t.he provisions of <a> of said paragraph 2, If thl'rt' shalll><<' 1\
("'fault under any of tbe provi&ions of this mortgar rt'sulting in 1\ public sale of the prt'miSl'S coverl'd hl'rl'by,
or if tbt' Mon.gag.'f' at'quirt'8 t.ht' propt'rty othefWlMl af....r dt'fault, the MortK~ec shall apply, at. tht' tima of
the commenceml'nt of su.-h procN'dinKB or at. the time tht' property is otherwIse a.-quirl'd, thl' amount tht'n
rt'maining to .-rl'<lit of Mortgagor under <a) of ~apb 2 pl't'Cedil\l( IUI l\ credit. on t.he int.en'st. accrued and
unpaid IUld the balance to t.he principaltben remaining unpaid on said note.
f. He will pay all tane, aM -.enta. water rat.. aDd other IOvernmental or municipal charges. 6nea, or
iml>08itions..-Jor which provision hu not. been made hereinbefore, and in default. t.hereof the Mortp&ee may pay the
-.me; andtbat be will promptly deliver the official receipts t.berefor to the Mortgagee.
6, He will permit, oommi\, or aufffll' no wute, Impairment, or deterioration of Mid property or any part thereof!
~pt reuonable wear and tear; and in the event of t.be failure of the Mortgagor to keep the buildings on saht
premises and tbOllO to be erected on Mid premiBca. or Improvement.s thereon, in good repair, the Mortgagee may
make such repairs aa in ita diacretion it may deem neoeMl\I'Y for the proper preservation thereof, and the full amount
of each and every euoh paymen~ abaU be due and payable thirty (30) days after demand, and shall be lleCured by
the lien of this mort.pae.
6. He will pay all and BinIular the 00IIta, charKee, and expenees, including reuonable lawyer's fees, and coeta
of abetracts of title, incurred or paid at any time by tbe Mortgagee because of the failure on the part of the Mortgagor
promptly and fully to perfQIlJl the agreements and covenanta of said promissory note and this mortgage, and said
coets;'bhlU'fJ8ll, and expenses shall be ~tely due and payable and shall be lleCUred by the lien of this mortgage.
7, He will continuously maintain hazard insurance, of su.eh type or types and amounts as MorlKagt'e may
from time to time require, on the impl'Qvements now or hereafter on said pl'\lmises and e:<cept. when payment
for all such premiums baa theretofore been made under (a) of paragra,Ph 2 bereoft be will pay promptly wben
_ due any premiums therefor. All insurance shall be carried in compaD1e8 apprvve<1 by Mortgagee and the poli-
cies and renewals thereof shall be held by Mortgagee and have attached tbereto 1088 payable clauSfl8 in favor of
and in form acceptable to the Mortgagee, In event. of 10118 he will give immediate notice by mail to MorlKagee,
and Mortgagee may make proof 0] foea 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 pfoceeds, or any part thereof, may be applied by Mort-
gagee at. its option either to the reduction of the indebttldne88 hereby secured or to tbe rt'Atoration or repair of
the property dam~ed, In event of forecw.ure of this mortgagel,or other transfer of title to the mortgaged
propert.y in extingU18hment of the indebtedness secured hereby, &II right, title, and interest of the Mortgagor
m and to any insurance polici.. then in force shall p&ll8 to the purchaser or grantee.
8. He will not t'xecute or file o! !"ecord any instrument which impost'A a rl'Slriction upon t.lll' sale or oc('u-
pancy of the propert.y described herein on the basis of race, color, or creed,
9, If llll' premi!l('s, or any part theroof, bl' comh'mned under the poWl'r of t'min,'nt. domain, or acquifl.d
for a public U!l(', the damagl's awarded, the proceeds for the taking of, or the cansidcration for 8\1('h acquisition,
to tlU' ute'nt of the full amount of the r('maining unpaid indebtedne88 secured by this morlgagl', an' IlI'fl'by
assignM to tlll' l\lortgagt'c, and 8hall be paid forthwith to said Mortgagee, lo be applied on IL<'counl of lilt'
last maluring in8tallments of such indcbwdnt'88,
10. The l\lortgagt'e may, at. anv time pending a suit. upon this mortgl\Kl', apply to the court hRvinl! jllri!44lic-
tion thereof for the appointment 01 a fec{'lver, and such c.ourt shall forthwith appoint & rect'i\'l'r of thl' pft'misI's
covered ben.by all and singular, inclUllin~ all and singular thl' income, profits, i88Ues, and rcvenul'S from whl\t-
ewr source derived, each and e\'l'ry of whIch, it being t'xprl'SSly undt'nltood, is hereby mortgl\g('tl 88 ilspecifit'allv
set forth and described in the granting and halx>ndum clau!K'S herl'Of, Such appointment shall be made b~'
such court aa an admittM equity and a matter of absolute right to said ~Iortga~, and without refert'nce to
the adequacy or inadequacy of the value of the p~perty ~ortgaged or to the solvt'ncy o~ insoln-ncy of sRid
Mort.g~r or the defendantA!. Such rents, profits, lDcome, lB8ues, and revenues shall be apphed by such recei,"er
according to the lien of this mortgl\Kl' and the practice of auch court. In the event. of any default on the part.
of the ~Iortgagor hereunder, the ~lortK&KOr agrees to pay to the Mortgagee on demand 88 a reasonable monthly
rental for the premises an amount atle88t. equivalent to one-twelftb O{,) of the aggregate of the twelve monthl~'
installments payable in the then currt'nt. year plus the actual amount. of the annual ta.'tes, &ll8C88Illents, water
rates, and inaurAllce premiwns for sucb year not. covered by the aforesaid monthly payments.
11. In tbe event of any breach of this mortgage or default. on the part of tbe ~Iortgagor, or in thl' event
that any of said sums of money herein referred to be not. promptly and fully paid according to the wnor hereof,
or in the event. that. each and every the st.ipulations, agreements, condit.ions, and covenants of said note anti
this mortgage, are not duly, promptly, and fully performed or if the Mortgagor be adjudicatM bankrupt or
made defendant in a ~an~pt.ey or receiven~p proce~ingsi th~n in either or any such eV,ent, the said aggre-
gate sum mentioned m &aId note then remsmmg unpaid, WIth mterest accrued to that. tIme, and all money
secured hereby, shall bee. ome due and payable forthwith, or thereafter, at the option of said Mortgagee, as
fully and completely as if all the said sums of money'were originally stipulated to be paid on such day, an~"-
thing in said note or;n this mortgage to the contral"f notwithstanding; and thereupon or thereaftt'r, at the option
of said Mortgagee, wit.hout notice or demand, llwt at law or in equit.y, Olav be prosecuted 88 if all monevs
secured bere})y had matured prior to ita institution. The Morlppe may lorecloee this mortgage, 88 to th"
amount so declared due and payable, and the said premiaee ahallDi eold to satisfy and pay the same tOKt'lber
with co.ts expenaes, and allowances. In cue of partiai foreclOllure of this mortgage, the mortgaged prt'mises
shall be soid subject. to the continuing lien of this mor~ for the amount of tbe debt. not. then due and unpaid.
In such cue the provisions of this parafP'aph may apm be availed of thereafter from time to time by the
Mortgagee.
12. No waiver of any coTeDaDt herein or of the obliption eecured hereby shall at any time thert'after be
held to be a waiver ..f the terms hereof or of the note aecured hereby.
13. The lien of this instrument. eball remain in full force and effect. during any poetponement or extension
of the time of payment of the indebtedn.. or any part. thereof secured hereby.
~f. This mortgage.is given to secure the purch~ ~oney, or a part thereof, of tbe lands herein dt'8Cribed
and _ uecuted and deliyeled contemporaneouuy With \he deed therefor,
,_ 15. It'the Mortgap default in allY of the covenant. or ~menta oootained herein, or in said not~, then
the Mor~ may. perform the sa;me, &nd all expendit.urea. (inclu~ re&llO~ab!e at~rney's fees) made by the
Mortgagee an SO domg ahalldraw antene~ at. the rate ~V1ded for an the pnnclpalmdebtednHlJ, and shan be
repay~ thirty (30) days after demand, aDd, topther with int.erelt. and ex>>ta accrued thereon, shall be secured
by this mortpge,
16, UPon the req1Hlll~ of the Mortppe the Mortpgor ehall uecute and deliver a tlUpplelDt'ntal note or
DOte. for tire sum or aUJDa adyanoed bi tie Mortcagee for the alteration, modernization, improvement, Clain-
\Mlance, or repair of Mid prem.i8ea, for tuea or .-r."'fllt.a apinat Abe aame and fOl' an., other purpoee autbor-
iaed hereunder. Said DO~ 01' DOta .un be leCured hereby on a parity with and AI -fully AI if tbe advance
erideMed Ihereh, were included in tbe DOLe JirA deKri~ _ft, &id aupplemental note 01' notea ahall bear
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