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Home My WebLink About2830.. ~ - ~~ 28 t~ ~ - . - and insprano• p~nim~ ~ ae the ca.. aa~- ~ ~ d by dN ~.nb.e4n~t • to be made. o0i the moa•~~hawerar. tLe ma-~py-a~-b n~~de bs _ ~ ~>~ _ ~ea~t shaA a~oR b~ add is ~ ta~oas sad asssssansab • and inwranoe_ as t8e aw mad ba, wken the ame beooa+e dw and then the a~su p~Y an;! amount to mate ~ i~loMnq-. on oxs the dam pymsnt of nosh Ip ~~- ~ o: b~~i sacs ~~ dqe. If at any titae the mortiata' sha11; bsadert~re ~ wilhl~-isloar of the note ~~ , ~ py t e[ the entire . the !'m in Data- - pnting~ the amount of we~iudeb~bdawr to the ~noonat a[ m~a~or all en under ~' the pacai.-idarts of a) of paragraph !t isse+sot whkh .firs, ~i~ Aearta ~~~ ~ b ~ Federal 8oudrtt and aigt bat~atioe ands: provWoas of tb) of sgid 8. >s there ~ ~ ._ _ ~a~T of ttMe ~ ~ ~ ° ~, sak of the ~~'~~ A e ~'~~` ~~~ p~xnh or st - `~° afb ~de# ~~~~, ~ balaiwes tea • in the ipnds aaxtm under W~~e 1~ g as a credit against ~ anromnt tbs• rssaainiwg ~~ u~ier w mid nockr:(4) of aaW paragraph. said nat.:! .halt u ~ ~ b ~'~ 1 Thai he will pp- ail ta~oes, abarasenb, water' raft. and othee d+°nnr°°ae°W mr mpnkipal charges, . lines. or impodtions. for which provision has not deliver the d6c3a1 r~eoeipb or~ o ~ mo ertyayee• ~~ m41 pay the aaa~, and that >m wUl prcanptb 6. That he will permit, ooaamit, or sq>ter no waste. imPairaMnk or detm3oraNon of sail proPe~Y or any ~~tt thereon; and in the event of the tailn:+e ~ the y tO teep the baildin~a on saiQ pre~n~aes and those to be erected on said premise. or improven~~b~tl~ iti g~ repair. the mortgagee may make such repairs ss in ib disavetioa- it ~n+J deem neoesss~ ~' the PrO~ prsaervation thereof. and the fall amount of each and every such payment shall be immediate~r dns and p and shall be secured by tha lien of this mortgage. ~ -. 6. That he will psy all and the Dash, charges, and eacpeases. anal reasonable b~vyer's fees, and cosh os abstracts of titk~~~~~c+~u'red or P~ +~ ~3' time ~' the mo use of the faailure _ on tl-e Part of the mortda~or Prm-P~Y and. to 1~~ ~e ~ ~immed ~te~ aue~iwd pa3-- issory nabs and thin mo l ~ ~ th6t~soo _ escpstra . able and shall bs secured 7. That he will keep the improvemeab now existing or hereafter es+ecbed on the mortgaged property, . insured as m~ be required frown time to time by fife loss by lire and other haaards, casnaltiea, an contingencies in such amoonb and iorn~~pariods as may be re4uired by morltaaaee. ums on such inanra~roa for ent of which provision has aappp~ rompt)j-, when dues sny premi ~ ndt beep hereinbeiora All insurance shall be carried in ~omp~n~es apptwf-ed by mortgagee a ie the policies 8nd renewal thereof shall be held by mortgagee end lu-ve attached thereto loss Pay~b clauses in favpr of and in form acceptable to the mortgagee. In eves o! ices he will give immediate notice by nnail~bo mortgagee. and morkga~ee may mate proof of loss ii not made promptly by ~ iortr aucli and each insurance eoinpany concerned u hereby authorised and directed bo make piU-men lass directly to mo instead of to mortgagor and mo jointly, and the insuwtee proceeds. or. any thereof, may be applied by mortga,~ee at ib option~er-to the reduction of the indebtedness haecuY'ed or to the restoration or repair of the dsrttsred. In event of foreclosure of this mo or other transfer of title ba the mo Pre'P!rb it- :. went of the indebtedness saah~y~ ~p~~tls, end interest of the morta~or wand to any .policies then in force shall Pass to the ar ~-tes~ - 8. That the mortgagee mal-. at a:U- time pending a snit upon this att~aPp1Y to the court hav- mg nrisdiction thereof !or the appointment of a receiver. and such :~aurt 1 orthwith appoint a reoe~ver of the premises covered hereby all and a . including all and s~a~ the~~~ nnde~r- isaues, and revenues iraaa whatever source deriveach and every of whicl-.~it ndumclauses stood, l hereby mo~~~ a. if s)~~ llcallY net forest and described in the granttni at- hereof, end sash shall ve sU the lnroa d end : eHedive iundions end pot~-ers in anywise entrusted by a court to a receiver, and such appointment shall be made by such court as an admitted equity and a matter of absolute right to said mortg and without reference to the adequacy or inad- equacy of the value of the properly mortgaged or to the solvency °r i~°s°lvency of said mortgagor or the defendants, and that such rents, profits, income, iaaues, and revenues shall be applied by such receiver according bo the lien of this mortgage and the practice of sud- court. In the event of any default on the put of a mortgagor hereundert the mortgagor egress to pay to the mortgagee on demand as a reason- leapt equivatesat_tOLquO-tw th ~ 3is). o~ the aggregate able monthly rental for the ppremises an amount at s~ai}i~~~ppll S of the twelve monthly inatallmenta payable in the thenf~ysnch y~au~ notered by the aforesaid toes assessments, water rates, and insurance premi montftly payments. 9. The mortgagor further covenants that should this mortgage and the.note s i ura®n the datye heoreof eligible for insurance under the National Housing Act within Q Dp~~ (written statement of any officer of the Federal Housing Adm~n>afrs" Lion or a~uthfrom the~date of this g~~ Housing Commissioner dated subsequent to the ~~ pl~ conclusive proof of ouch in- mortgage. declining to insure said note rind this mortgage, 6e7ng eligibility), the mortgagee or the holder of the note may. at its option, declare all puma secured hereby immediately due and payable. 10. That (a) in the event of any breach of thin wortggaaggee or default on the part of the mortgagor, (b) in the event that any of said svras of money herein referred to be not promptly and fu11j- Paidd wi out demand or notice, or (e) in the event that each and every the stipula~ ~ e°n~~nd~i~o in, and covenants of acid note and Chia mortgage, are not dy~y, promptly. either or any such event, the said agg~ to sum mentioned in said note then remaining unpaid, with interest accrued to that time, and all meoneya secured hereby. shall baome due and payable forthwith, or thereafter, at the option of acid mortgagee, as fully and completely as if all of the said cams of money were orginaG~- stipulated to be paid on such day. any in saidd note or in this mortgage to the contrary notwithstanding: and thereupon or tlhereftiter, at the o n dt said mortgagee, w-ithont notice or demand, suit at lsw or in equity, maybe prosecuted as if alI moneys secured hereby had matured prior to ib insti- tution. The mortgagee tray foreclose this mortgage, as to the amount so declared due and .payable, and the said premises shall be sold to aatiatir and pay ttaae name ta~e~tlter with costs, expenses, and allowances. In case of partial foreclosure of this mortgage, the mortgaged ptremises +th+tll be sold subject to the con- tinuing Gen of this mortgage for the amount o! the.debt not then due and unpaid. In wch case the Pro- visions of this paragraph ~ again be wailed of thereafter from time to time. by the mortgagee. il. That the mortgagor will give matte notice- by mail bo the mortgagee of any conveyance, transfer, or change of ownership of the prelni~et: ~ : ~ - 12. That no waiver of any eoveaant'hereia m'-o[ the gbiip~tion see:ired~-hereby sha11 at any time thereafter be held to be a waiver of the terms her4af orof tIN~1~1dte secured hereby.