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....... (b) at ~ t pr.u". .... .. .. L m.11Dt tp.. ...... tuu .. _r - ,..,-
aDd ....' ~ M .... _ .., ~ ~ 1 i .. ud ...w.. dwft tJK,
~ .. ..., to t.M ~ .., tIP taM dlaftlf1l"ti... 01" Won tM
.... ~ .~t f4 ... 1'Wtaa. ..... << ......... .....llMI .. bt chM. If
. uq dIM .. ~ ... ... .... ___... la ......... wWa tile ~ oi the aotII
~ ........ fall ~t of .. ....,........ _ ~... U..W \IIlr~". . tbt ....... atW1. io COlD-
~ th. ..-at f1l MIda u.;.Mblt7-., ....' .. .. .....t of .. dliW~ all ~ mede uDdft
11M ~ ot rl6) of ~ :......, .... thI ~ .... DOt Mea... 0bUpUd to pay to UN
FedenlllMMl.. ~......... &ad alii ~.- ~-S ,... 8IrJtU8lG1ated tm4er the pro.....ioae
of (II) of aid ~.. If t.lwn did" . tW..at. M1 of taM ~ of W. ~ ....
.wti1c ill . ~ ~ of the ,...._ ~Mled""'" eM' if tbt 1DOt'.,.n 1lOII1I.U. the ~)' oth..
'triM after default. dM ~ aND .." at tb.t ~ of the 000--'" M'l<<'lt of tucll ~in,. ur at
lho ~~.. _ ""'Il'l..a.lho -... - -~ tbo....... _ulat<d uode<
(b) of ' Z p,..,.dtq... eJWltit 8Piut the uncMI3lt of ih4lD nmainina ~~np&id un~f
Mid not. ahAll pioperly adj_ fA1 pI)'IDlmt-. wb.ieh Ihal1 ban mMe uft4ttr (o) of u.id pat-.nph.
.. '!."bat he ..ill pay aU \aS4&, ..lur......... rat.-. - oChwl\W.-nmeata.l<< Mllftidpal tb.a.tpa,
ftn-. or impoaitkma. for .hich ~ .. WJt bMD .... a-.tDbefo", aM iD det_It thIftof ttw mort.
peee m&1 P4Y the same; aM tlial>>will prampt,l)' deli.,. the oftkia) receipta t.berefor to the !r:oncape.
5. That he will ~, eoIDIIlit, ~ wafer DO wuW, impab"llMlllt. Of' ~ of aid ~y or
any part U\e.f'tI()f; aDd iB tbt evwt of tba failw. ~f the r:nortpcor to kMp the buikUn.-a 0C'1 uid iu"em*-
.a.nd thOM to be erected OIl Mid PNIII\w.a. 01' lmPl"O"Alm4lDta then<m, in I'OOd repair, th. morta&lft may
rn.ak~ 8u<-h "paira.. it) ita d~ tt mA)' dtlem M<1111'~ t. the propIII' pnMrvation Uwreof, and thfl
full ....nount of eACh and every.ueh ~t .na.B be il1WMdiately due and payabt.. and shall be MCU~
by th1! lif!'n ot thi. m~
6. That ~e will pay aU and .iqu)ar tM lX*ta. t~ ADd expebMli, lmludinJ' ~.ble law)'w',
f<<l6. and coat.- of ~ 01 title, i~ or paid at u)' t.ime by th@ m('~ beaUM of the '.,\lure
on the part of the ~r promptly and tully to p<<rlonn the qnem~nt& and ("Qvenant.- of aaid pron~.
iuory ~ and th.a ~. ad aaid COJta. eharpa. ad taX-plIIDNI a.b.all b(' immtrdiAteJr due and p....)"-
~ and IhIll be MC\lNd by the u.n of thia ~
7. Tbat he _m kNp th~ lmprovem.entt now exitrU..,orMrMfter I'I'Wded 01'1 th~ ~ property,
in&urtld .. may ~ reQul~ fl'M1 tim~ t.c time by th~ mortppe apinst ION b)' ~ and- othn ha~
cuu.alUee.. ILnd c:onti~d8 in .uch amcunta and (ot .uehptrlod. u may be requirf'd by mort~.
and wil! pay promptly, whE.>n due, any pnmiwna on audl iMura.nee tor payment of which prnviaion h&a
not been made hereinbef'oN'. All iruu~ shall be e&n'i~ in companies approved by mort..p.at."e and
th., poliei. and ren~waa thereof 8h&11 be hei<i by mo~ and hAve attached L~t'r\"to 10u pAyable
cl~ in favor of .nd in form ~le to the!! m~. In f!V?nt of iOM he will ai'it' imm~iatt!
notke by mall b:o nh)rtpg~, and moJ"'tg~ mAY mAke ~'l! of loa if oot rn~ prompt\)' b)' mortgagor,
And eat.h il15\u',u'\ce compan)' cone-erne<,} I' hHwy authQriM'd And dir~t~1 to m.k~ pa)'mt"nt for !uch
1068 ~hrecUy to mort&J.ge(4 inllitt:ad of to morta'&cor and mo~ jointly. and tht' in.autfUl<< proc~. or
M.y parl thet'f!()f, may be APpHe.:i by mQrt~ et ill option t'ithu tv 1M roouctkm of the indeb\t..ineu
hereb)' MCUrt-d or to tilt' reAtoT.tion or r€'pJ.ir of the proputy dAmar-d. In evt"tit of fort!'C10fitlt'e of this
mQt1pCe or otht't' tn.Mf~r of title to the mo~ Propfrty in e)tU,~i.hm(lnt of the ind,~bt(-dn~&
a<<U~ henby, all ri<<ht, tilk, and in~,.t of the m(}~or in and tQ any m.8uranCt: lX1licit>3 then In force
ahall pa.P to the pUT;::huer or rrantee.
8, ~t the rnort~&fl'M may. at JUlY tim~ pendin, a .~it upon this roorta~" apply to the court hav.
ing )uritdiclion thueof for the ~ppointm~nt of a r<<civer, and Il.lW court ahall forthwith appoint A
rec\!lver of th~ premi!8 covered h..t'l'by All and ain,ular, IMiudin, an and aingutar the incornf', prot\u,
iuues, and renmUe1 tr'Om whatever lOUr<<' derivf'd t'<a<"h and every of whkh, it bein~ t'xpr~ly under.
atood, La hett'by mertsalt'd u If ll~ifk.Iiy ~t forth and dfecfibt!d In th~ .,..ntlng and h~ndum dAUM>-8
heroof. And such rKeivcr shall hayof' ..11 the broad and efftoctiv~ functions and POWeN in &nywi&oe
('ntru.~ by a cuurt to a r.eo:t;iv~r, And such &ppo(l'ltm~nt .hall be m~ul~ by such court M an admittHl
~uitf And a matter of !lb&-)lut~ right to uid mortg~, and without ~r('r~nc-e to tht> adeqUACY or in&(I.
f'qua.cy of the valu~ of the pNperty nwrtgaa-ed Of to the ..)l....l'nty or !n..wh'ency of flJ\ld mortglll{or or thtl
det~ndants, wd thAt Iludl rt'n~, profiu, income, iMUe3. and reWrlUe4t ahj.1I i>fl applied by 8u<:h rc-cei\"er
accordini t.G the lien or thia mortgai'~ and the practice of luth court, In the e...~nt of any ddllult on the.
part of the rllortK'&/lOf' hHeun~"r, th~ mortpl'Or -,r.,. t.o pay to the mortcag-ee on d~filAnd u a. ~llM>II.
able monthly rental f(lr th;: pn.mia-f'jl Joll amount at ie< t'qiJiva\<ent to on~lwelfth (1/12) of th~ a"r~ate
of the twelve monthly inst.aIII1\!.'nta payable in the then current yt4r plUll the actual aInOtmt of th<.' annuai
taxa. ~m~nta, water r&tes, and illiurance pr-emiulWl tor suc.h )'e.tr not cO"'E'r~ by the Afort:uid
monthly payments.
9, The mN1iagor turther t'Qvella,nti that lhouid this morta...Jl.G fttU th\' tlot~, IH,xur~j hf:'ft'b)' not lOft
tllgible for in1Juf/wc@ under the NAtionlil HOiJ~in.. Act within 30 UF\l~ from tht: datf' hereof
<.writt~n ~tatt:mi:n.t of ~ny, officer of. the f'e-deral H{lUllng Ad."t\}QiW'.Uon or .Aulhotitro At~nt of ~.
FN1~nt.l HoullfIi CornmlHiOO{;f' d&t~ aU~\H>nt to the JIJ 1.H\'t~ time from the' aate of tnla
mort.14f-e. doclinin, to hUUN: "AId not.e p,nd till, mor~.ie. ooini d~m€"'! z'olitiusive proof of aueh in"
tli~bility). th\l mQrt~ Qf the holdu of the Mt..., m&j', at it.'l option, dedare 1l!lllWn15 M'Cured hereby
imrorolAuly due and payAble,
to. ThAt (a) In th~ t"\'~nt of &ny brt'ach of thi~ mortiAiN or def~ult on th€' pftrt of th~ mortg&ffOr, or
(0) in t.he (!w'nt th3t any (If g.lid 8Um..s of money ht'~ill refern:-d i') be twt promptly and fuliy paid with.
out d>:>mand or noti~, or (c) in th~ tVt'nt UiAt ~h and eVHY t.he ~tipulAtion!i, Agre->,;menu, conditioll!,
ji.nd covtnauOl of u.id not~~ and this t1\orli~'(!, uv not dUlY, promptl)', JOnrl funy ptnollnoo; tilen in
flther or any &uch <.'Vfnl. th;j >>Id aJ.!Tt!'il'te 3'.iffi rnention~\ in uld nuw th(:n rell1ainioi unpaid, with
Intere1!t seau('() to th8t time, Jond an nH)lv~ya 8(,(:Ufi>,d hHl.'hj', Mall bt,'(i,ml' flue and t:iJ\yable forthw\th,
or thffeafter. At t.he option of uld mortpg\"e. ~~ fuliy ~nd wmpletdy it.i} if all of t!H~ !lnid f.Urnb of 1l10ney
We", vIi.ins!!)' /ttipU}AtM to he r~\d 011 !'iu,d, d~y, MyUdn. g In ~id !ldl5 or in thili mnttQ'i'g{' to the (OotrMY
notwltMunding: and theffUp(lr: or th~'f'eAtta, .t the option of Mli1 mortg3.g~":, wHh~\!t noUt~ or d>cmand.
'\llt at lAW or in f'tpiiy, mAY b(! pr~utoo M If an mone)'g It'(uft'''Cl her-<:-by hll.d IMttufi'<.1 prior tt) It..! lr!.Ati-
t\ltlon. The tnortrl!l.g~ may tore::106e thi. mortg-age, liA to the aITlOtml &0 df'<.:hH€d d\lo MHl payabk and
the !lAid pr~mi~ ahall ht; fi.)ld w u-titfr and ~>a.y th~ ~me h~~Uv:r with COl~. expen~~. and AlIow8.!lc~:3.
In e&W of parti1l1 fored~u~ of this mortj'A.ge, th~ rr.ortr:~>tJ prffi1ia-t!8 .hAlI hI' 8-01" 8ubjl:(~t to th(. con-
tinuing lh~n of thla mor~ (or Uu~ amount of th1} d~t not then due and I.wpAid In 8uch e~e the pro-
"IiflotUl of th14 p.&r~r-ap-h mll.)' ..,.~in be A...~i!ed of th~r~&.tt.er from ttme tv Hm{l by UH! rMrti&2'~,
1 L ThJ.t the mortpt"Of ~lll rriV! tmn'I~I.te notk~ by mlli! \.1) lh. mQrtg~ee of any ronvl'yanr..,
tnu\Sfer, or danie of OWf\(*f8lllP 01 th., pr~~
12. Th&t no Wlivtr of aay (':(jvt!f!A.nt htreln t1f or th~ obHgatlOn ~:ured nNw)' ~Ul.li .t iiny time
thetUn~r t~ heM to l~ 5 waiver of the wrnti huoo! or 01 ~ note ~1J!"t'd hereby.
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