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...... (') .,......... I puuP.. ~~.. '1'.r~..... taaa &ad IKIAuAfttl
ud lM.aalilOt ~ M .. ... ..." be, ..... ... _ "(11.5 .. ud ~ thm th,
tnOI'~ .. _ to .. -=: ..., _1_*.. T1'" to...... thl1V"l-hr/'*i,-.. .. bef,Oi"1e t.ht
cla.t1I wtt.. PQ'IIIat .t ... ..... __ _ J IT I..,........... PI . i__ abalJ be du.. If
at .., tDt .. _ .t .u- IMI ....... to tho ~........ ill ~Il' In wttb ... pI'O'riDcIu ot OM not.t
MQ!"td..... fd ~ fill....... ...f-lWll.. ............ ........ .....1Iba11. in corn..
PGtma .. .....t td,... ..... tadltrtadla 1t""'. cnIIft to tIN ~~ fit.. _1..L l~ an ~g made \ln~r
lbe piovbdoaa 01 de) 01 ,.....,....,........., ""Ida the 1IlOI1paw.... .. Moo... oOlipted to pay to the
F..s..ral BOUIIdlI -..... r~-... &ad IIIq ~ '-'-""q hi the ,... WJe1Bulated under tM PfQyiaiON
of (Ii) of.....w ~~ I. If tMN .. be . cWult aader U1 of UN pt'O~ of t.hia mo~, n-
.ult.iIc m . pabtiC MIe of tbt ~ <>>\!~- ...., t or it tM ~ aeqoina the p~)' other-
.... after cWauh. u.. ~ 8b.aIl ..,.lJ. at th.e time of die ~t of 8Ucl\ p~in.. or at
the tiaM~ t. ~1M lICquirtld. the- ba1aDoI tb.- r....b.d~ in .... tuDda aoraunulAted under
(b) of . 2 pncediq .. a ("..recUt apiMt the amoant of Dl'iat:1P&! them remainiJ1&' unpaid under
uid bOte .ul1 'Property adj_ U11 payt\MIlta which aba11 bave 'be. made andw (a) of Kid paracraph...
t. Thai M.ill PQ a1i tuu, ..~ta. water rat.eI. aDd other l'O'Vemment&1 or rrnmkip.al Ch&JTeS,
ft.~ or lmpoaitiooa. for whkh proviIion hat not been made hereiaWtJ'ft, and in default tn.rtlO! th~ m()rt~
rape mar pq UN __; ud that M wU1 promptly detiver the oftki&l reeelpta theretor to the Jr.o~.
, &_ 'I'hat M will pcnnit. ecmmlt. or wJf... DO wute, imP'irmetlt, or Mteriontion of aaid property or
&ny, part thenof; and iJ1 th@eventofthefa.ilul"Clol the ~r to kHP the byUdinl' on p. iQ prt'mist'3
and tb.aM to be el"eCMd _ Mid pnm.... or impro~ta tIMnoD. 1n FOeS ,...,.jr, the mort...(~ may
mab nth rep&in.. ill ita dilchtion it may deem D<<fl1l&r')' to'l' th~ propo!l" preHNalion lht'tt'(l(, and t~
tull &mOUDt of --.h ucS ".,.., ew:h ~t Ih&U be immed.ia&ely du. and payable, lU'ld ahall 00 lI<<ur-oo
by the lien of t.h1l wOf,.-......
e. That he will p&)' all aDd lI1qu1a.r tM eoetl, chuw-. and ex~l'\.M8, ineiudifli reuonable law\'er'.
f~, and coet1l of ahltracta of tiU.. incurnd w paid at any tilM by the morta~ bK-.aUH or the failure
on th~ put of the mortpa'or promptly and fully to perform the aanemt'nta and covttlantll of a.aidJlrum.
iMory ~ and thil mo~. and Mid COtta, c:h.arau, &Ad a~ ahAlI be imm~jat~l}' due an pay.
able J.Dd ah.al1 be MCUJ'tId by th. lien of thla mortpp.
. 7. That he wiU k~ the imp"?"emen~ oow exiltina or benafte~ ertldttd on th~ morta~ propt'rty,
m.eul'ed ... may be requl~ from tIme to til'M by the mo~ ~IMt Iou b}' tlre and ~tht'r hau,Hh,
euualU... and contin.,mdE'llS in Much amount& And tor lu~h -~'d0d.3 all ~y be Tt'quirt'd b)' mortgagt'e,
and ",m 1)3)' promp~ly, wh~n due, ~ny premilJl'mi on 5\Kh ~naurancfo for payment of whkh provision haa
not beoffi madtt hE'f~mbo!fort". All mJlJr..n~ &hall be e..a.rned in rompanlf!a approved by mQrtgagl~ ant!
the poHdf,:tl'sod f\meww t.herrof shall be held by mu~ and hAVe an.athed thn~to ION p.aYAble
clAUJH'Jl in fa,,'or of and in torm A<<~pt.&bl~ W the mQ~ Int'\'~nt Qf loa h~ wHl ,l...e imrrlf..<tiiate
n(tti~ by mail to mort~, and mo!tg~ may make proQf of Ic~u It not made promptly by mortga(for,
ud ~..d. iMurance comp.a.n)' cOl"icuned IA hereby authoriud '-rid dir<<te.Y to make payment for such
Iou dlr<<tly to mort,&~ inllh.,aJ of to mor~qor and mortlf&ffe't' jointly, And th.: insurance proce<'<b, or
IW)' part tJH~r~)t. may t~ applied ~y mortKa~ at ita option ~ither to the reductiOn or the ind{'btt~illeM
her1.>Qy 8(oCured or to the rmwntlO:l or r~p&ir of the propt'ity dan1~. 10 eve-nt of fOH~IOll\.ln> of lhliJ
mo~ OT other tran.af~f' c,f title to tht' mortS'AJft->d pr'operty in ~l(tinguiAhrrllmt 0.( the indebtt'iil1e$!l
aec:uJ'1!ld bereby, all rit'hl, titl~, Ani! InwrMt of the mortraa'Or in and to an)' insurAnce poiici('!I thpn in force
&h&ll pYa to the pu~~ or 1'"o0tM,
8. Thllt the m()rtg~ mAY, .t any time ~lldinl a lult upon thlll mortiaze, apply to the CQtlrt hav-
Ing Jurisdiction thHeo! tor th~ Appointmt'f\l of a receivt'r, and Iluch court ahall forthwith Appoint a
r--eoc{l!ver or t.ht.' pr('.miet'A cl)\'ered h(,ft'by all and lingular, including ail and aingular the income. profih,
iuut'lS. and ~v~nu~ frorn whl\t4':ver iOUf'OO deTivtd, each and f!v@ry of which, it !)(>ing exprt'SAly under-
stood. ill hereby rnorti~ed a.I if .pt....dfica.lly n-el forth a.nd detKril~'(i in the grAntmg and habendum c1r.ul\e~
hereof. and such r~t>ivl.'r ahall h,av.: aJl the brqad And effective (unctions "11<1 powef!i in I'Hlywi!e
entru.ltw by II court to a rec~l"'er, and such appointm~nt shall be made b)' lueh court M an aornitted
e<~uity and A mAtt.iJr of Il~iute right to ..lid mortl'Ai~, llnd without r('({'fer-,ce to tlH: Ildt'quacy or mad.
(>Quaty of the va1ue of the pror~rty mortgaged or to the Iloh,t'ncy or in~{)I\'ency o( s.aid mortga~or or the
detendantJ. and that !luch f('nL'l, profit4, income. iMI1~. Qnd revem:l'1) 8hali t~ applied by !luch f'('{,"{'i\'/.'T
.c~~rdini to Uw lien or thiA mo:iga~c and the prACtice of Auch court. In the CHnl of 3T1}' default on the
part or the mortgagor nereund>?r, the rnorti(agor llgrc-e$ to pay to the mortgag('(' on dt'ml!nd M .. reMon.
able monthly 1'('nt.3l for the pr('rni,M>~ an arrHJunt at leut equivalent to one-twelfth ni~) fit the 8ggr(,~litt'
of the lwpl...e monthly if~tallrT\i'f1ta pay..ble in the then current Yt'Af plus the actual iHlifj\wt of the annual
lAxelll &.\lK'Umenh, wBt!'r utl'll. ftnd inJlUr211Ce prt.millftUI Cor luell }'ur not cO\'Nt'd bi' the ~for~Mid
mont-nly PAymt'flta.
9. The mortgagor further COV{!nAnt~ t.hAt $.hould thil\ mo rtgligt' /llld th(' not~ 5tO;:\Hed hNeb)' not te
eligible for [Muranee Undl:f th(' NAtional HouJing Ad within 60 d&y~ from tilt' dati' hen-or
(writtl!!l 8t.akment of an)' officer of tiH~ Federal Homin, Admini~tratlOn or authoriu-d aKl'nl or the
Fed~rAl Hominit' Commluiont'r dated 5wl)$('IQu~nt to the aforeaaid time from thE! dait~ of thill
rnorti1i4le. declining t.o irL!llf1! &aid n;::.t~ and thil rnortgngt', being d?..m('d (onclu!i\'(' proM o( 6uch in.
eh.ibilHy), the ti1o!'tgag~ or the holder of the not't' may, at lti; option, dedare ali &IJli\S s'e.:un.'-d hereby
hnmedjat~!y due and payabl~.
10, Th&t (a} in the ~vent or 8ny br(-~h of tbia mortllltg-e or dd~\.lit on HH> part or the morlr5i\~or. or
(b) in the f;vent that Any of laid liUfM of mon~y h{>f~in r>:fCn't1i to lw not pwrnptlr arlit full}' paid with-
out d~mand (,r notice, or (c) In &h~ eHnt thAt euh ~nd ev('ry the titipuli\tioM, 1tgr(-{'fl1t'lIta. conditiona,
and (C()\'01&r.!~ of Mid no~ and thia nlortP1ft', Art'! nr;t duly, promrtiy, l'lnti fully f'vdormed: th~n in
6ilher tir any such {:vent, the uld ai!RH'j{i<t~ l!urn rntntioftr-d in saii !irlte thpfI Y'\'l1lainin;c unpaid. with
int,.(!rMt. Ateruf;<J to HUlt tirn~, and all mOIH~}a S<<1..:l"('t1 h~reb)'. ..hall brtorne due llnd pAyab!,? forthwith.
or ther~..Atter, li.t the option of hid mQrt,ragef'. u tully and completely u if all oflhe uid 3UIIH\ of money
Wl:ru or~2'in.llr atitJulat.oo to be paid on iud) dAY, any lhin~ in ~:d rwte or III this n~ort~plge to the ((lntr:uy
nL't~ttn&LAnalng: i!nd thcreupQn or t.ht(~aHer, at the ophon or ""l mortgag",,", Without notice or cl(<mAod.
lull &t law or in equity, may ~ p~ul<<i u if ltli m<Hlil}'"1l ~:lHOO hereby had Tnillun,,<:l prior to it.$ in.1lH.
tuUUfl: The t:)(lrtilfli~'"may to.n'C,I~> thil ml)rti~(', M to.th,e amount $<) dt'diU~d due and p~}:abl>:. And
the "~lld ptmlliellllOall r~ .-old to 5.3tl!fy Al1d tolaV tho 1I&....nl: ti)jCeUIH with f;osl", e'irx:i1S~, and allOwanc(;3.
tn c~ of partiAl foreclosure of thiJ morti(Jlge, ih~ fflortg-alrerl prnnil\~ ahl\1I be ~old !Uhjf'd to th~ con.
tinuing lien of tMI! m(;fti{Asri~ tor the amount of th(' df'wt not then due and unpaid In 8uch eu-\' the ~lr().
vi.!llon.. of lhlA par^if'aph 1111\;" &f(A!n 1..>6 &valkd of th('~Ji.tt.('r (rom time to time by tht m(jrtiC8i~
11. ThAt the IfiQrtg.,or will l{ive imrn<<ii"~1 Hotke by m~J\ to th.. mortgag~ Df All)' conveyance,
t.nul.f~r. Qr dlAnj'tl or (jwlI~nhip of the pft'fflIJ.8.
12. ThAt f10 waiver of IUlY l'fjVtl1llf\t h~r't'in or O'f thcs' ~...hlit",iion ~\In-d htr~y 3h&JJ ~t Any Un.
the~ft.:-.f be hcl..1 to be Ii WAiver of ~he tt'mne tl{'r~)' or Qf t.he flOW aecuroo h(lt~by.