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Mortgagor.shaU to the Mortgagee aR1 amount necessary to malts up the de6c3cncy. Such payment shall
be made within thirty (30) days after wnttbn aotioe irom.ths M ~s~s staling the amount of tl~e de8cieaey,
which notice may be jtivea by mail. Yf at time the 11~at~agoeo -shall tender to the viortgagee is accord-
ance with the~ pprroovisans of the note seaut~ed bet~sby, i3U ps~yntent of the entire indebtedness repress•nted
thereby, the Morrtt,gg shall, is computing the amount of snah indebtedness, credit to the account of tho .
Mortgagor any cred~balaace remaining under the provisions o! (a) of said ph Z. It there shall be a
defa t under any of the provisions of this mortgage res»ttiag in a public sale of a premises covered hereby
or ii the Mortgagee acquires the property otlterwue aftee default, the Mortga~,+e shall apply, at the time o~
the commencement of such proceedings or at the time toe property is otherwise acquired, the amount then
remaining to credit of Morigag:•r under (a) of PW!gnph 4 preoedttaR as a credit on the interest accrued and
unpaid and the balance to the principal then remaining unpaid on said note. _
4. He wW ply aII ta~oes, assessments, waste rates, atad othee tal or municipal eharges, fines, or
impositions, for which provieioa has not bees made hereinbetose, and default thereof tbs-Mortgaagee may pay the
same; and that hs will promptly deliver the oi$cial receipts thecetor to the Mortasaea. o
b. Ha will permit, commit, ~ auger ao waste, impairmea_ t; Qr detetbntion of said ~operty oe any part theasot
except reasonable wear and tear and' in the event of the ia~lure of the Mort~or to keep the building on sait~ -
premises and those to be erecte~ on saW promises, or improvements thereon, in good repair the Mortgagee may
make such npain as is its discretion it may deem necessary for the proper pr'eaen-ation thena~, and the full amount
of each and every such payment shall bs due grad payable thirty (30) days after de~oand, and shall be secured by
the lien of this mortgage.
il. He will pay all and singular the costs, ~ sad expenses, including reasonable Lwyer't tees, and costs
of abstracts of title, incurred or paid at any time try the ~ldortgaaee because of the fiulure on the part of the Mortgagor
promptly and f •to perform the agreements and oovenagts of said prornis~sory note and this mortgage, and said
costs, ehaeges, and e~spenees sbudl bs immbdiateky due sad payable and shall be secured by the lien of this mortgage.
7. He will oontinuoualtiy maintain hasard insurance, flt such type or types and amounts as Mortgagee may
from time to time regain, on the improvements now or hereafter on said premises and except when payment
!or all such premiums has theretofore been made under (s of paragraph g hereof ~e will pay promptlyy when
due any premiums therefor. All~insuranoe shall be carried is oompamee approve by Mortgagee and the poli-
cies and renewals thereof shall bo held by Mortgagee and have wttached thereto loos payable clauses in favor of
and inform acceptable to the Mortgagee. In event of k-es ha will give immediate notice by mail to Mortgagee,
sad Mortgagee may make proof o~ Ices if not made prn~ptly by Mortgagor, and each insurance company
concerned is horeby~authorirsd 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 a_pp7ied by Diort-
gagee at its option either to the reduction of the indebtedness hereby secured or to t'he restoration or repair of
the property dammed. In event of foreclosure of -this mortgage or other transfer of title to the mortgaged
property in extinguishment of the indebtedness secured hereby, a~l right, title, and interest of the Mortgagor
m and to any insurance policies then in force shall pass b the purchaser or grantee.
8. He will not execute or file of record any instrument which imposes a restriction upon the sale or occu-
pancy of the property described herein on the -basis of race, Dolor, or creed.
9. If the premises, or any part thereof, be condemned under the power of eminent domain, or acquitecl
for a public use, the damages awarded, the proceeds for the taking of, or the consideration for such acquisition,
to the extent of the full amount of the remaining unpaid indebtedness secured by this mortgage, are hemb~-
assigned to the Mortgagee, and shall be paid torthw~th to said Mortgagee, to be applied on account of tl~r
last maturing iuatallmenta of such indebtedness.
10. The Mortgagee may, at any limo Pending a suit upon this mortgage apply to the court having jnris~tic-
tion thereof for the appointment of a receiver, and such court shall tort wnt~ appoint a receiver of the premises
covered hereby all and singulu, including all and singular the income, profits. issues, and revenues from ~vhat-
eversource denved, each and every of which it being expressly understood, is hereby mortgaged as if aprcifically
set forth and descnbed in the granting snc~ hsbendum clauses hereof. Such appomtment shall be made by
such court as an admitted equity and s matter of absolute right to said Mortgagee, and without reference to
the adequacy or inadeeqquacy of the value of the property mortgaged or to the solvency or insolyencv of sai<i
Iliongagor or the defendants. Such rents, profits, income, issues, and revenues shall be applied by such receiver
according to the lien of this mortgage and the practice of such court. In the event of any default on the part
of the Mortgagor hereunder, the Mortgagor agrees to pay to the Mortgages on demand as a reasonable monthly
rental for the premises an amount at least equwalent to one-twelfth (SSs) of the aggregate of the twelve monthly
installments payable in the then carnet year plus the actual amount of the annual taxes, assessments, water
rat,ea, and insurance premiums for such yea not covered by the aforesaid monthly payments.
1 1. In the event of any breach of this mortgage or default on the part of the ~fortgagor, or in the event
that env of said soma of money herein referred to be not promptly and fully paid according to~the tenor hereof,
or in the event that each and every the atipulationa, agreements, conditions, and covenants of said note and
this mortgage, are not d~rly, promptly, and fully performed or if the ~tortgogor be adjudicated bankrupt or
made defendant in a bankruptcy or receiverslup proceedings; then in either or any such event, the said aggre-
gate sum mentioned in said note then remaining unpaid, wrath interest accrued to that time, and all money
secured hereby, shall become due and payable orthwith, or thereafter, at the option of said Mortggages, as
fully and completely as if all the said auras of money 'were originally stipulated to be paid on such dad , and -
thing in said note or ui this mortgage to the conlrar~- notwithstanding; and. thereupon or thereafter, at the option
of said Mortgagee, without notice or demand, suit at law or in egwty, rosy be prosecuted as if all moneys
secured hereby had matured prior to its institution. The Mortgagee maq foreclose this mortgage, as to the
amount so declared due and pay able, and the said premises shall be sold to satisfy and pay the same together
with costa, expenses, and allowances. In case of put~al foreclosure of this mortgage, the mortgaged premiscw
shall be sold subject to the continuing lien of this mortgage for the amount of the debt not then due and unpaid.
In such case the provisions of this puagraph may agau- be availed of thereafter from time to time by the
Mortgagee. -
12. No waiver of any covenant herein or of the obligation secured hereby shall at any time tl~ereatter be
held to be a waiver of the terms hereof or of the note secured hereby.
13. The lien of this instrument shall remain in full force and effect during any postponement or extension
of the time of payment of the indebtedness or any part thereof secured hereby.
14. Thin mortgage is given to secure the purchase money, or a part thereof, of the lands herein described
and ie executed and delivered contemporaneously with the deed therefor.
15. If the Aortgagor default in any of the covenants or agreements contained herein, or in said.note, then
the Mortgs~ee may.pertorm the same, and all expenditures (including reasonable attorncv'8 fees) made by the
!lortgagee m so doing shall draw interest at the rate provided for in the principal indebtedness, and shall be
repayable thirty (30) days after demand, and, together with interest and costs accrued thereon, shall be secured
by this mortgage. -~•
lfi. LTpon the request of the Mo tgagee the Mortgagor shall execute and deliver s supplemental 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 agsins~t the same and for any other purpose author-
ized hereunder. Said note or notes shall be secured hereby on a pn:ity with and as fully as rf tl~e advance
evidenced thereby were included in the note fast described above. Said supplemental note or note shall bear