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M~'rtgs.g,,r s11~11. par to tl~c ~lurt};~;ce nn}• ;trl)ilunt lit•s'r~.4a~ry ~'v'1)lake utD the d.•#ic•it',u.. `+tlch p,iyl,~:;•t,t sll~i;l
t,e made ~`1tllFfl thirty (:31:1 iiays .after x•ri:teat tx)tice frvttl t.lie 44art~;aget~ stati;l~t t},c ilrru:lent €,f tl,e drtie i~'ru~v,
tti"bieh notit:N relay t~ given by rvs-il. If st ari' tsrt1N itlt~ 11(~rt{,:R~*or sh,-I! t.(`tltier to the 4i,)rt~;l~.t`(` it- il(•rt,r~l-
tillte Wlt}1 the tY)YSS$tDltt.# t?f tt1P tTatf sitUrPt~ ht'rf~by. full ()a,tilYlf`ilt i)f the f°.'Itirt' Iltili`t)t,'(iYl,'K~ ri'},3"t..<entt't!
thereby, the :~i<-)rtguget+ shall, in cfilup,ltin{t the amuutlt (~f riuct- indcbt('dn:`vs, ~ t•rtiit t,o il,e ctccol:llt of thy.
M•)rt~agor arty crt'tilt bai>~I:ct: rs.>r;auizlil~ under the` proviffiiotlx of ;ra) ()f s:ti(4 pt~rtt-;;raph 2. If th+`rt` 9;1,b!! l,(' ,1
iirixu t undi+r ane° of the. pri)visions of this rtaort{~a~e resulting it, a public srg~it` :)f the trremiscs rt,vert~t! hrret,y',
car if the '.litirtga{ter at•yuil'ts the pet)perty i~L:lrraxlsF ~+ft(•r tie f»;tlt, the ~,iurt-;tu<'=~ altar! t,p!)!u, alt the tinu` of
the' corsltnencelnent of aurh procee(lirttrW ar at the tinlfr the prcApert}• is atherK•isr llcyuire:l, ;he ,tmt,unt these
retnainic3K to reedit of ?.tort{;te~;~r under (aj t,f f)ar~rafDh i prt`ct~tlirlt: ,t~s ,t cr•(`dit on the' itlt€•rt•yt ucrruc(1 nerd
unpaid serif this balance ~ t e prit;cipttil then reltlatnillg uap:lid on ellid butt`. -
4. FIe will pay all taxc~, anenta, water rates, I-nd other trcrvernnaenteil, ar munii`iprt ctlarg~, fines, ar
tat;potai;t>ns, for Ivhlch prov~.sic)n ha:; eat men made hereinbefore, and in defat;it thercvf the /41a:tgagt_"e tna}• pay the
taame, and that he will prou:gtly tleiiver the othcial re~^iptar therefor to the Mortgages.
~, lie will get•tuit, ealntrlit, ar surer no waste, islpairment, or detel-iarayyton of raid pmperty or any past thereat,
exrYpt rea8una}rte Rear and tear; and in the event t:f Lhe failure of the Idort,aa,~ur to kc-ep the buildings on said
premi~i~ and thtrse to be elected on saki premises, or impravenlents thetrcDn, in gtxstl repair, the 1lortyrngt~ may
Inane such repairs as in its discretion it may deem nts.ry for the proper preservation thelwof, and the full anlaunt
of each and every such payln~sl:It shall be clue and f~yable thirty (30) da~•s after demand, t~.nd shall be securt'il by
t}le lien of this rnartgagta.
8, He will pay all and singuiax th~+ acx-ts, charges, sad ezpensee, i.nttudillg reasonable la~rer'e fees, and costa
of abstracts of title, ineurr~ed or paid at any tiros try the bortgagee bncause of the failure ou the part of the :~artgagor
promptly and fully to perfarm the agreeme'lts and covenants of said plvrnissary note and this martKwge, and said
eosta, charges, and expel~at+s shall be immediately dub and payable and shall ere secured by the lien of this mortgage.
7. Ile mill oont.inuotlaly maintain banned insurance, of such type ar types and emanate ag ~fortp~agee may
fmm time to tame require, an the im,pmvemetrte now aY I-ereaft,er on ralci premist~l, and except w•}.en payment
for all such premiurrs bee therstof~re bcsen mad$ under (a of part~raph ~ heretaf, he will pay pmmptl})• K°hen
due any prerruutns therefor. All itsaurancs ghali be carried in cotlnpanxes appnDFed by :~Zartgaoee and ttie poli-
cies and renewals thereof shall be held by Mortgagee and bare attached therettD loss payable causes in favor o!
and in form acceptable to the Mort~e~ee. In eytar~t of loss he will give immediate notice by mail to ~Iortgagea,
and ~4ortgagee may mak® proof off' lase ii not me.dm promptly by :~iortgagar, and each rnsurance company
concerucad is }Iereb nuLhorized and directed Ln wake payment for such loan directly to Marttgagee instead of
to Id3nrtgagor and ~4origagee jointly, and the insurance pmceeda, ar any part thereo{~, may be applied~}jy :~fort-
gagee at its option eituer to the action of the indebtedness hereby secured or to the restoratlari or repair of
Lhe property dammed. In event of forecloevre of this mortgage or other transfer tDf title to the mortgaged
~raperty m tutangutahlnent of the indebtedness secured hereby, a1 right, title, need intexest of the Alortgagor
>.n and to any Insurance policies tlfen ur force shall pass to the purchaser or grantee.
8. l'fe w-III not ezicute or file of record anE inatrumeni ~t•hich impc)sey a restrictiur upatl file ;sere or oc~•u-
pancy of the property de~_ribed herein on the basis of race, color, or creed.
p. If the premises, or any part tt-ereof, big ct)ndenlni`d tinder the power oC eminent dum+Iitl, t)r acquired
fur a public use, the damages awarded, the proceecia for the taking of, or file cunsidcratian for such arc#ulsltll~,l,
to the extent of tix fur! amount of the remauling unpaid iuticbt~~d:?ese s,~curetl by t}l;s IYlortgage, art` hert'by
ati<.i{;tlcd to tht~ :~fortgag.e, and shall be paid forthwith to said Mortgagee, t€~ bt' applii.~sl ail ed'Ct,utll of tint'
fast n)atlarint; tnstallm(`nts t)f such inclebtidni'ss.
1(~. The Mortgagee Ina}', at env tune 1Deltaing a suit upon thin Irort~a!~ appl`• to the (`Dort }ia~-int; jllrisdit•-
tioll t}l;reof for the apgc~intrnent a~ a rect~tvt;r, anti such court shall fort}l~•it~-~ appr;int a receiver of tlTe premises
covered hr-mby all anct singular, int'ludin~ all and singular t})e incotrle, profits, issues, an(.l rcv~nut`a f:•unl icht.t.-
erQrsource den ivied, each and every of w•luch, it being cxpre:xgly :rndcsrstco<l, is heret)~ nlurtgaged as If e,pecilicttll~-
aet forth and deaerib~d in the grantitlg and habendum c}suses hereaf. Such appuintnlrnt shall be made },~•
such coati. as all adntittcci equity mad e platter of absolute rir~ht Lo aaiti iiurtgalzee, had ~'ithatli rcferenc`e to
the adequacy ar inade.Lluscy of t}lc value of flee property mortgaged or to the aalyency ar insolvency of said
SSorthagar or file dcfent.ants. u(°h rents, proiit..s. ,nculrlc~, issues, and revenues shall be applied b :• such receiver
according to the lien of this mortgage Azad the prae,tice of such court. In the event elf any default tin the part
of the `~fnrtgagurhereunder, the Murtgagur agr:es to pay t•o th,• lfurtgags'e on dern~,nd as a reasonable rnunthiv
rental fur the pe°etnises an amount at least. equlvaltnt to ane-tk"c•lft1, (l.,t) of tale aggregate of the twelve munihli•
inatallnaents pag•abit in the then ctlrrrnt ya.ar IDlua t.}Ie actual amount of t.}le annual tastes, assessments, water
rates, and insurance premit;ms for snob g•rar net ca~rered by tuc aforesaid ntunt}ley payments.
t 1. In t},f event of any breach of thin marti;age or d.fat:li (rte leis part of the MortkRgar. ar in t}re eF•t'nt
that ally c>f staid earns of rnuns~y het-sin referred to b~ net pratrptly and fully ptlid ar_carding to flee tenor llnrt'af,
or in the, event that, escll ane t~very the atipidlatiarde, ai;;eelrtrnts, c•anditiuna, and covenants of said north anti
this martga' e, a.re .sat deal}•, prartlptly, nail z`ully pt~rforme(: or if the ~Partt;agar btu aii;uciiratcci tDankrtlpt or
Inr><de defendant. in a balikrupti;y ar receivershila prucsMt}<3.zlgs then. rn eit.aier err env such event, tlTe shl(I wi;~r,~-
gatr rum mentiol#ed in said note t}urn rematnln~ unpaid, ulth intertast accrual #.a that tin~i~, and all rl2oney
4t5cu,1=d hereby, ahe~ll tD~ r`a.-ne due and payable urth•~•ith, ar t~rt~ar"ter, at tht~ option c•P said 'iii+rt rtigrc , ~ls
fully tZrtti t;orlkpletely as if t;,ll the sesid strain of anonev were origtltally stip;!latcci Via] ere paid ern such i~a~•, t{nv-
ttli#A~; ire said note ur in this mor.~ege to the. t;antrary uatwrit,ttataxtdzrag;and thcre;rpon ar t,ht~rettftr~r, at t}te apt ion
of staid. ~Ofortgaee, vdit.}ln#tt. natter or (aemrcr:d, r,tlrt at lay,' ar in cttuity, Ilaa~' be proxi;.cuted a€? if all trinr,evs
ta~curet3 Ilcrehy lad rrzaturc~di pt~iar tom-, its .instittaticDn `I"hf='vicrt. tti~;ee rr:ay ~ore~:°lo this r~~,rtg,Rt;f-, as :e the
az=.t<)LttTt Fo di=e•lrtre+~ dtte and payable, and the said premises ahsllDe ea.3ci t„a t~tisf,s• send pay the sslale ic~g,Tf'ttler
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