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I1nJe~ (b) of Jial'&i'~apt. 2 PH:'\:f'\.li:,',l 3h.lJ'~li<jt(bt,ium"""\i1;~ gt'\,und H'IlI$. 1.,\,;\ ~ld ~IIlt"nt3
and \[L"UI,Uh'l' prt'IllHUllll, ll11 tht' \'M<e may ~, ~ tft.t. ~ ~AIl be('\:,me due 1'1111 payabh', then the
mOTtKa~tJr studl ().it}' t'.l till' 11I0 rtf{lli(l't' an)' a.mount f11,t.'.'\~.uy tt) rrilike up the ddicit'IlC)', Oil or I)(-fort Hit'
dAt.~ .....hef~ pAyment ('f loch iHOUIHt rents. ta.Jlt't<. ~t'Mnlt'nt.s, (IT i:J.ll!HAlln' pr..miums ~hllll to(, dUl', If
at M)' time the mortgagor shall tender,lo ~h~ fllort~llg\"t:' in arn)rdaflCC wIth the P:'U\,llliof)ll of thl' note
$t"Cllrt-d ht<r,'b)', full parml'nt of, thl' f'ntlrl' lnt!ebtt'llllf:s.3 repft,'3\,"lllt.J then:D)', lhe Olorll(Il;t{>o(' :shall. ill (,ml-
~ttltlllR thl', amo,llnl of 8uch !IHlt.tJtf'>c.h.H.'1L8, tl"\'dlt hI tht' Il.c(ount of th.(' rnortgl\j{or nil pl\}'nh'nl!ll1l..d\.' undt'T
thl" pnl\ 1l'lIOIl,:f d (a) of paragraph l. hei '''l)( '" tll\:h the lIlortg~f.I'C IlM lioll..,,"OOlt' obltgl\t'''ll t~l I'a\' lo th.'
fo\'dE'r&1 HOU41llg' Commiuiolli'f and any I~hm{'., t..tIIainillg III the funda f>('curnulat....! lllldH the r1r:'\IS1IJna
of (b) of ~Id pAt Aiup.h 0::. If thell! &hall be a ddlltllt until'\' an}' of thJ' prOVl!lI(H\A of lhis nWltj{iito:(', f'(,a.
lultinr in a public 8A1t> of tht' pr~mla.e-~ COveft'l! heh{I)', or if thl' l11ortgilKt..... JWIUlrt'.8 tht.' pr(Jp~.'rl) otht'f.
Wl~ aftE'T .!dault, th~ nlOrtgl\jfee shall. apply, at the ~Jn1P or th(' \:ornnH.'lHt'!Tlf'nl of !\uch pn:xd'dlllK,i or at
lht' timl' the i1rllpnty IS otht'rwl't' &CljU1H.J. the ballUl(,f' thi'll remainIng in tb, fund" IH'fUll\ulatl"ll un..!\'!
(b) of parll.j,fraph 2 pr<"Ct'<tlll~ as a cn'dit ilgalllst U~,~ Amoullt of f,'ritlClpal till'!; r!'I!iltll!lng unpaid \lllllt:r
uid note lint! "hllll properl)' adJUAt a.n}' liA)'lllt'nta which shall hl:\\'l'lx.'1?Il111Adt> undt'r ((1) of Mid pill <lj{raph.
4, That he Will p4\Y aHtA'tf'S, &.&M"i'AIIll'nt.a, water rat(:3, find (Ithl'r 1rO\"'rnnll'ntiil or rnU!lH'lpal ('hiir~{!I.
(lIle". or irnposilii."ul. for which pro\'i~ion ha.... not t.l('t'!i n:ad.' h"ft'lllix'lllft'. an(1 in ddault thl'r....f till' mort-
ifagt';> may pay tht< l'tarlie; And that he will J)f'('!ilptly deliVer thl' 0111::11\1 h,'C('ip18 thrrdl1T to Ihi.' n:1II1){i1~l"",
(" That he will P'f'nnit, commit. or llufff'T no wMtt'. irnp~Jfment, or ddNioratlon of 5:\lJ prIJlii.'rly fir
any palt thl'reot; and in the l'\'t'nl of thf~ (l\ilun~ of Hit' lI1(lrtR~i('H to het'p thl' bui!din~1> on Mill pi dillS!'!
:lIlJ tho!\(< to be erected on said premi"l'~. or irnpr\J\'~'IIH'llt8 tht'r''iJll. ill S{ood h'llliif, the ll1orl~it~I'" ms}
mak\' liudl r1.'I..~ins AS in it3 di5erl'l!(ln It may d.'1.'nl 1ll'Ct>Mary for tllt' JH'OI)t'r pf~'1\N\'all,)fl tht'rp"f, fHHI UI\:'
(ull amount of each anti Hl"rY such J:4lj IIH'Il{ l{hallllt., inHlI.'thntdy dllt. i\lld payable. and l'lhAl! 1.'1.' Ik,:urf....'i
by thl' hw of this mortg&gl',
6 That Iw will pa,)' all and s!niuhn till' l.'O"t."" rhargt'J', !and ('X1WI111t'iI. incllldlll~ J"\'a~(iilahl.' 11\\\ )'('1"/\
ft.",.:;, and C'\.'1t.i of ab..stnu:15 of tItle, il1clIrrt'(l or p';tl<! at any tlrrli' by tlH' mnrtga~t'~' 1X,...Oltl;-;'. (If Ill!' falllll'"
on tilt.' p;u't of the mortgagor promptly aHd fully to ll('rr'(lrrn till' l\S{rt'i'll\!'nts and l'.'\t'nanIH of l'-~\I(l prom-
i~Ofr Ilf,te and thi5 mortllag~.. and s.aid ct.I..'1t!\, chiHgt~~, llnd .'xl",I1:"'1' shall t'i.' 1n1l11hltately dill' And pll)'-
able and enaill,l(' !-("Cun.d by thl' llell of lhil\ IIlOrtgal(e,
7, Thlit he will k~Jl the lmpru\'l'nlt'nt.~ 110W .,)(i~llng Of' ht.ft'aftcf erl:<'t','11 011 tt&t' mortl;:'itl(,'.1 prolH'rtY,
in.wrl',d aa may l~ r~uif('d frDm time tn tlnlf' by tht' 1ll0rtgagl...' again!)! lo:'!.1' by tirt' and otht'r ha!Md~,
C$...'1Uil It I ("Z'. Ilnd <,',mtinj{\'IlCi,'s in l'luch IUIllHlIlta and for i'uch pl.'rind,,, !l.." may t~, tt"plin.d by rnonx..)it\:~.
and will pa.y promptly, whEn due. an)' pr...rnlU!llR 011 IlUi:h IIi!\Ul'i:H1Ct' for pa.)'IIH'lIt of which pro\l~i()n h&!I
"lTot l>t.'C1l made ht'n'lllbdofe, A II i Il!\U ralll,' d,ftlJ bt. rarn"t1 III com pal1l('l'\ ~i ppr,,',!'d by nw! tj.Pllo:l't' and
thl' POlldl'.8 and relll'\\'uls th..rt:{J! shall I)t.l L,'ld by nlOrt~a~f'1' and nlnt' attHcht'd thl'fdo It",,!! pal,'ablt>
c!ilWf'JIl in f""or of and In form accepln.b1t. tll Ow rnortga}{c(', In t'v.'nt or 1,.,,;;1 hI' will ii\" InHlH',hat(.
flolic..' Ly mail to lIlort){<lg~'(', nnd nwrtRa((f't' Illii~" Illa>,:!' proof (If i,;;<,s If not mad" promptly by 1l10rtjo(:t~f)r,
Ilnd \'i\ch iasurallce ....mpany (Ofl"t>f'lW1.! i~ hl'rl'h)' nuthut'lzhl alld dlrl'{'kd to 111;1}.;,' l'aynH'llt (ur :-illch
k'3s dln..'<:lly to mortgi\l{ee im.tend of to Il!OftloCl1y'lIt and mnrtf{l..Ip{\'" JOintly. Rnl! thl' 11l1lUr:lfl{'f' pro('l,,'d'l, "I'
ntl)' p3rt tht'rNf, may b~ applIed by mnrt~3H'l'" at It5 option ('it her to tilt, redudlofl of thf> i1\dd!tI'ihH'~.s
hN~'by l'-1'Cur(>d or to Ow restofHtlon or rq'il!r of tlip prop('rt~' di\/l1I!S{nl III "\'t'nt <If lor('do~\JI'" of thl8
moMgagt,' or ntfwr tr31l!\fer of title to tht' IlIllrtl{t\go:d ptllpt.'rty 11\ ~':f;tllly'\ill\hll1!'1l1 of Hw 1fl!ldltnlne,"'\
/H"curc-d hf:'feiJy, all right, lille, and Int('r('~t (If tlit' I1lOrtgil4{'lr III .HIlI to [Hi)' IllfoUIRI!l,e j;{)lill"'; tht'll III f"nt'
aha II pu.'t to the pUr('h~5cr or g'fllnt.ee,
!,!, ThAt the mortgaKt't' may, at Any tUlle rl'C'nellr.g a Wit upon lhl" /Tlurt!{i\j{f'. fipply to th.. court hd\,'
inK )Un~dl(tion t.h,'f':'u{ for the appointol\.nt of 1\ f('(('iw'r, and such (~)llrt l\haH', (I)rthwith appoInt a
n'<:t:'IVl'r of the prt!mil1es coven';! hi'H'hy 1\li and 31llgular. iilcltJdin~ all lind SIIlj{lJlilt th(' illcGalf', proflt1\.
i~\l(og, and n~\'Uilll'5 frurn whlilt-\'('r tK1Ur({' d,'r!\'('d, ('adl ;illd P\'€'ry of Wllldl, It h{'llij( l'xprl's,~ly undr'l-
lltood. is hen'by lllort~nK('{1 f\..'J if ll()(>('ilicslly liet forth !lnd dt'tlcribt'd in the gralltlTly, anti Il!ih('ndllm clliu:~e:i
hH'i"{lf, and surh r(>{f'i\'H IIhall h.av(' all the bn'iHl and dh,tiw functio!!!! l\r:c1 power5 In allywi5f'
PfHnUJlt.d by t1 court to a receivt'r, and 8uch l4Ppollltm~nt ~h;dl bt! Ilu~d~. by IIul'h (..lurt a... SII admitted
("lUll)' and a rnatt.('T of abl)olute np,rht to Raid rnort!{ilJ{I'1." lllld without rdprf'I"" to th!' ar!eJjuH(\' or lliad-
(<{lllRC}' (1f thl' 'io.llll' of t1H' prtJp"...rty mortS{ilj{t.,<1 or to the 81)1\(>11(')' or 11l80hf'Ilcy "f il,jid mortllily'lJr 01' tilt'
ddl'ndant.'l, anti that such f('llls, pfofit1l, Income, issu(..~. and H'Vel1Ues shall IH:' npplll'd Ly sudl 1't'<.t'I\'er
a('(or\lin~ tn the iu'o of thlR mortgll;ce and thl' prac!icl' of such cOllrt. ~l~JhJ..' 1:.Wllt of any dd"nu!t <Ill tlll'
p..&rt o{ tilt; mortj{ag.,r tH'fI:uIHh'r, the t11Or1j{Ai{Or ngfl......." to pay 10 the Illotlgaj(''(' (.n demand a1\ r. h'i\.'lf)n.
&Ll.- monthly rt'lltal for H\!' prf'lnI5('S an IHllOUllt lit 'past l"lui\'fih'nt to onp,twclfth (IU) of HiP agKn'iVlle
of tht' tweh.' munlhiv I!tslailmt'lIls parabl,' In the thl'n currt'nt )'<'3r plulI tl\{' actual iHIlOlllit of the anilual
t.lU:(~3 &aSt'i'~..m('llt&. ';"llkr nIle.!}, and in!\urancc' pr~:rnlUm8 for !Hleh )(,'.ar not eo\n...d by titl' afor,:!ulid
montlllr r""'Yl1wnt~,
, , 9" The m;Hlgagor further w:'Hlants thnt~houlrt thi3 'l!o r..!{ai.~' )\1 a) Uli' Ilot.! lH't:ured ht"l:dl)' not be
eligible [('f IliSUnH1CC under tnt' t.atJOnal HUUlllflfC Act wlthm JU Ui\Y8 from tL,' (jatl' IlPn'of
(writkn 6t.at{,rI1ent (If any Om;:..'f 0( tile Federal JlOU!illlg Admini!ltration Of nulhoriz(',d &l(ent of th€'
Fhkral Hou~ing Cornmi&.~iur)t'r dathl ~i1Ij3('{lu(>nt to the 30 DAYS till'll' from thr dati' of thi1J
m(Jrtg~ge. d~ll!ling to inguT(' bad not.? and t~is mortgage. being Ir.'t'nl<~ li!!il!u;\i\'(' pro..,f of !!IIeh in-
e-ligibllity), the mortEaS!.~(! or the holdt'r of th~ note may. at its opt!OIl, (I!'<bl.' all sum!! ~~lln'tl tlNcb)'
immediAtely dOl," and 1->ayable,
10, Thl'\t (a) in the ('vent ,,[ Ail)' tm:a.ch or this mort~a~{> or default on HlI' part of ilw mortf{Rgor, or
(b) in tIle tV,.':!t that ao}' of nid gum! of mon,~y h!'reill rl'fl'f fI'ti to 1>(> nol promptly And !llliy pRio With.
out o('mAnd or Holie...., or (c) in thl' c,,<'ol th<<t each iind ;:;very th.. ttipulatiollll, ilS{rt"f'mcnt~, (Ondltioh~,
and cov~nAntg of lpdd note and U1i, mortgage, are not dul:.', promptlr, and fully pedormed: thc>n ill
tith~r (of any ~!..!th cVt'nt, the 1laid aggn'g~t(' llllffi rm'lltiO!lf'(1 in ~id note then f\'maminj( unpaid. with
int('n~l fl.Cull'''1i to that tune, and all l"tloneya a€"curd herd))'. shall L>c-(,of!1t' dup Rod p!i!,l\bip forthwith,
or thH!'AftH. at the option of uid mortSlnK(~, M fully find completl'ly &.~ if all of thp said Rums of monf;'
wf!'NJ.o,rlgina!ly atipiJb1tJ~d to IX! p.;dti ut! ~!Jfh day. (In,,thin~ in !aid !'nte or in thi8 ll:OflKn1{e t~ thto contrAt)'
not"ilth.st.i\nfJlng; and thf>n::ulX>1l or til~7f.'.lfter. at th!; (,phon of l}Hld fliortgAK'-"" WIthout nut!te or dt'nuHHl.
lrt.!it at I~w or in <:'p.litr. may I)\' P('OO("Cut~>d M it ali mOnl'j'8 t(,(,llre~l iH;n'by had matlltNi pnor tf) it3 inali-
tulkn. Th~ rnortKAg~ Wl;1Y !Qrocl<:l&e thl!\ mortgliKe. as {(.I the tu'I,Ql..mt 0\0 df'Clart~llil)~ Alill p~yabl('_ I$nd
th~ ~lOirl pr1;'miwJ.l 8ha/l he l!o!d tl) uti8fy And p.ar tht> ~a:IH.' tOjfcth!:'f with c(,~t.!l, ~'~P.'ll!l':!.>. anti illlow..nc~..,.
In C.M1! I)f p~rtial forfflt;3urt> (If this rno rt g4\.l{t' , the mortgil~':'l pN:l!lilJ{>$ Bh1i!lI~ &i:;ld lluh)l;'(t to the (on-
tinuin, lien of' thL'!i mQrtgAge tor the amount ot the d('t,;t not then du{' $ind unpaid In 1Sudll'Mf': Ult' Pl().
vi.i~t3 (If thia pari..jliaph may again be availed of thl'redter from time to time by th<:> mortgaget'!"
11. ThAt th(! mortgagor will ~ivl! imm{...liat..- llollci! by rnan to the morig~lf(>f.' d any con\'eyan~.,
t.r'fJUttl\ or change of OWfl4'Nhip of the pr€'.mi,<<'1i.
12_ ThAt no v.'t!.iw!r of any tl\YE'nant hf!rein or of the obli;cation ~ljl'~1 hi'fC:by Ilh&ll at any lime
th~ruH<:T l.~ held to l~ a .....ttiVt'l or the tNmfl htrt:,)( or 01 the fi!)t.:: se.cun:d hHf'by,