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~ \b} u! Pf-i"AC'rlrol---h 2 vr~~lnc ah_Jl not t". ~ltmt W par cround rt'nla, tll'\('8._nli ~rncnt.a
lAd l!laUfiJiColI ~iu"Ml U tb4! cue ma.)' b.", whm tht' urnI' AhtJl ~'Ornt' dUt' and paYlllJh,', t);~iI lhe
DWJ1.Kai'OT dlAll pAY to the rnon..-lt.I'"' ilny amount nN:~l} to rnu.i! up l.ht' ,i..lki(!o<:}', on Of bf.fOft' lh"
datto '",hen pIl.'(lllMt of .ucl\ I'f'OUM r~nt., t-AlI.tfl. &"ot...am~nU, or ilUun~n(~' premium.!> llhl\ll 1)(. due. If
at &.n)' Um. th~ mo~U' ah.aJI t4m~.t.r 11) Uti! mortK~" in I.I.~..-ord...n<~ with the pro\'lIlIOn~ ;If lhe nl)~
tl<<ured hil'nby. tul\ pa)"TfWOt llf l~ ~tire irKl~btt'\in~ r~p~n~ ~n-by, tJ\t~ rnoftliolt'e !hall. 11\ rom-
poti~ thf' amotl.at of RUth indebtedn... a~it to th~ aC('I)unt of tho(' roort.a"agnr 1\\1 pavtlH'nlA /!lAdl' \Indt'f
tlw provtaioM of (0) (If p&ra<<r.ph 2 ht'fl'<lt whkh the mort<<~ hu not De\'tm\(\ obl1iAlt"\U" pay to the
~nll H~n& (:.omrniMlOu.f aud &.f\Y bA\"un! remainin. in the fund. al'.:urnuli.ted lInd('r lht. JJl"\'I!lIO~
of (b) of lI&id p&.r,,*raph 2. It tht~ shAll be A detw!t \mdt'r any of tht' pro...ifliol~ of thl~ mul t!(agt', f-eo-
wltUla' U1 tl J)UhHc u,U, of the prenliMll N\t'roo hf'n~h)., or if tM mort.r&&'t>e &~Uirl'A Uw pr')i}t'r ly (lth('r-
w* ~l" ti~ft,utt, lilt! mo~~ &haJ1 Apply, at the time vf t.h~ ~-.mm{"llct'rnt'nt of 3udllH(J('t...,,-htl.c~ or at
Uw timo the pr~pert)' li'i (Jlher'fl'lJW a.c:-quir~i, the b...llt,nce then (t.tnAUlinJ in HH.' funds accumul;;\('(\ uHdi'r
(b.> of p.u-"Vaph 2 pr~'4.'dinK. u a c~iit ..amat the amount 1)( principal then f1'!1lainmll lltipnlli lJ!ldl'f
IfOd note And IhAlI properly adJUJlt any p.t>'m(>nt.fl..dw.h shall hAvt' \;o('('1l Itlade undl.'r (a) OlMld p,H..~1 itl'h.
.(, That he ....ilI PAY all \.Jl,o:t"I, ~enta. w.t~r l;\t8, And other gO\'HnnH'nt.'l1 of munlClpai dIlHs;(t'A.
t1n~, or imp'--..itioM. for which pro~ia!on h.u not bNtn n~ h(,~in!;'don.. ~nd III default thl'l,,<,f thl' mllrt.
,-..goo may ~y the IS-&mC; and that ht> will promptly deliver tht, l)ff\dlll ft:"Ct.ipt.. thl'ft'{'.lr to thl' If.OI t;.:a)C",'.
D. That he will ptlTmit, (,oolmit, or llutfer no wut~, impainntont. or ddNiorlltwn of Miil pf\lp~>rly or
aHY p.arl thl!1reof; and in the t"\'t'nt of the (aiiuhl of the mOriKagur to jH~p the bulldlnil:i Oil slwi pr.'01I1H'S
and tho~.e to tl(' en:<t.(-d on ui!\ pn'ttli~. or impN)\'l"rneotJ\ thereon, In g,)(~1 rt'pAir, thl' mOl tlota~.'" may
nwe Auch ~pain iUi ir, I~ ol.8crdion it may def'ffi f)~ry tor tht> prol*r Jlf~('rvatior; th"lt:'ili, 1\1\1\ HH'
full ..mount of t'M"h ilnd Cl\'ery such l=~'ment I\hall ~ immtdiAU'ly dUt' and lH~YQblf', and !lhalllw I\l"<:UTt:'<t
b)' the !it'H of thi3 m~'rtga&'e.
t), That he will PAY all And l\ingu!u the (0dlU!" dUH~~. ancl {')(PO(~I.)!\e1\, IlIclu,\Ing n'l'l.1\i)nahle hWYt'r'!,!
!('('tIIl, IU1d coetJs of abatrad-' of tlth', 1I1t\ji'n.>d or patd at any tlO1(' by tlil' IT\ortKIJi/;('{' 1>t......'\,~J!H' oi tlli' fadun'
~'fl the lJart of th(o !llorttra.aor l)romptl~' And fully tLJ perform HIi' F4j{r"l'fllt:'l\tll. and CO\\'nilllts of !litHl pn'nl'
IUory note and tiu. mortgage, ..nd MId C(o!lt~. clung-tIS, And ('xll"..'It6Ni .hall 1)(' lllln\t'd:att'lr tilj,' and pay,
abl~ iUld MAll be 6e'l:uroo by Ow hen of thill n)(lrti''''~,
7, That he will ktoep the imp~\'cment.a flOW ("XilJtHlg or h('r~,aft.:r er('('l(~i Oil the mortgag('tl prop-Nt)'.
insured M may ~ r~ulI.~f from time to tlllh' by the mol'tgagi'le agail1al lo,u by 1';1(' anrl oUll'r hIH1\T\h,
Cl.!ualUl"$, and (.mtingendt'A in llu{'h alliOtlnt.8 and tor 811th period!! I\..~ mAY be fi'<jIJIfPd by mnrt\oraj(''(',
Md Will pay pro,nptiy, whl'l1 OUt', any pn'miunls on such il13urance (or pa)'llH.nt of whIch i'ro\!~lon hu
not i~{\ made hereinhefore, All Inilurance shalllx' c~ni(,-d In C:t>mpaolt'tl npprovt'd by m\)11~i1t:.,~, and
th(' po!icit'Jtj and relwwl\lA thN('o( .Mll i>t> tIPld by morlgagd.\ and have nlt.'\cht:'(l tlwrt'lo !0,"5 payabJ;,
clAUAe8 in fAW!T of tind in (onn AJ:c('ptAule to th~. mor1gag(\\', In en'nt of lo,v. hI' \nll give IrnnH'dlale
n(~tic0 by mail to mortg..gee, and mortgtlW"-' rl\1l)' mak(' proof of 1iM.." it not mad\.' promptly by mort~1\Ror.
ilnd ~h itUlUfl!.m:e company concernlxi ill her~by authori,c.l find dIH'-<:lt,l to make paYIlH'llt for !lH(h
Iou ..hr("CUy to mortgagee in~t('ad oi to morlK&KIIT and rn(lrtll~~('-e jointly, and the ill!llIraflc(, pp>('t...ds. (,r
any part ther-t".:)(, may be applit'<l by mOitllagt~ at ita option t'itht:'r to thl' H>tludion of lhi' IIHh'bln!rw~~
hen.b)' ~ur<<i or to the r~.stor8tion or rt'palT of the proPf'rt)' damiO((t>;j III f'H'llt of (oH,tl,v,ul" Iif UlI!'
tnOrtgllare or othf!r trandH of tItle to the mort~ilgl",d property in utllli{UIl'h!Tlt'llt of tl-w Indd)lt'dni.'~~
a.e:curt'd h~f~i', all right, title, and tnt.l'r~t of the mortgagor illlHHllo an)' IIi~uflUH'.. r!,jIlCll'~ HWIl Iii for,'"
MlAlI pN.i to Ule purdlU\!r or iranl~-
8, Tr..at the rnortgag~'i' rn~y, at any tune l-~lldlllK t\ Wit upon lhi!l fl\ortKIli.:e, llppl)' to tht> COUlt ha;.
ing iuri.!dictiQn thert."O( for the ;appointm('nt of a Tt~d...('r, and such l:ourt shall fortlnqth appolllt 11
re<tlv(:f of the ptl'miAt":R cO\'Nf'(l hen:br all alld !llngular, including all find "jllgular th.. Inc:OllW. pfofot;\,
luul."a. and r-evenUe3 from what(.vet J;OlIrc(' derived, ':3<h and "very o( which, It 1J<'lllif I'X1Ht'i\~I)' un;\i'f.
~tood, I, hf\N'by mortii:\goo a... if sp<<lfkAlIY M't forth ann des<:ribed III til" Rfilntlll;t /Hili hltlwndum rii\U'!{'j\
her"\'!lOf, and 5ur.h recei'.."r 3hllll hAv~ ..II the broad and cffedlw' functloM imtl pOWt'r!\ If) anywi~f:'
enlT\iAte~1 by A court w a r~..iv('f, And fHlell appointment shall l~ madi' b)' lIuch ('ollrt ll!\ Pon ".\!rlltted
(;(luity $.lld v. mAtter of ablolut\.' tight to uld mortgag('i.', and without rdi.'n:'l\ct' 10 the ndt'quary or \find.
e'qullcy or the ...alu~ (It the prop~.'fty rrI011g~Kt'd or to th(" sDlvcncy or imwln'ncy of Mid mnrtl{8j{of t'r till'
d,e(('ndI\HUJ, And that such H'nt." prof'll!;, IneonH,', iMUl''', And t('..-eOUeA shaii lJ.e appllt..\ by such f('(('lver
~rd\ng to tile Hen of thi& mortillic a.rd the prad ict> of IH1Ch c/lurt In tht, I'\'t'nt of nny d"fault on tht,
part of the mort~A8tJr hereunder, the morlgl>i[{or agrl:t:.Jl to PAY to the morlgagt't' on ctt'mancl 1Vll\ f.'......on.
able monthly f('olAI fo!' the lirt'mi!l~ an amount At h:.ast equivalent to onp-tw\?lfth (1"1) of thl' ilKJ(r(,~l\li'
of the twehe monthly \tl!it.al mi'ntA pa)'abh. III tht' u\en current yelH plus tll\' iid\l~! amount of Oil' annual
tAXE'a. ~m'1'nt;;, wat,'r ra.tdl, and in8urance prerniU1I15 for 3u(h }'NH !lot COHh'~i hy thi' Rf(ll('Uld
monthly paym~nta. . .
,.9. Th" rnortg~)r further c'.I\'t'.~II!ntA thAt dlOUld thi" rno rljl.~gK Ni.J the lilll,' !H'{:un>tl lu'rt'hy !lot b~
eligIble for lIUl.!nT.nce under tiw Natwnl\l HOUi!ln~ Act .....thm .)V iJAl~ from tlit:' dnt.' hq-{'1.)f
(writtf;'n 6tatcmult of iln)' ufflCH (If the Feder~, HOU$ing Admini5tl'ilt!on or lllllt,(lnz\'il El)l'cnt of Ui~
Fe..iefitl BljU4inr CornmiMkloei' d~\ed sub6~\-!ent tn the 30 DAYS tIme frolll llw d..t., of thi~
mo~, de-:linlng to in.un- ...id note and thif! rnort{cag-i', being d.-em",i (t)lIclU!\IH fHO<')( of &u('h in-
eligibility), the murtgagoo or the holdn of Ole fjot-e may, al it." option. d('dan: alllllHlIl; Ii'( U fni hereb;;
tm...ru<<H.at~ly due IWli lWf&ble.
10. Th$lt (fl) in the e"'t>nl or any breuh of this mortgag..:.' or o"lau!t on the part (If the mnr~j{~gor,l)r
(0) in the ~ent th~t any cd uid sums or rTaO!1l"Y h€f't'ir. f{.fNII"\i to ~)f: not promptly IHlf! fully paid With.
ot~t d~m&nd Qf f!-OtiC\'. or (c) in the c;vent ~h"t ~-Ach alld ('wry thf! ~tlpulatillM, Rgrt'C01('nt." tondlllotLl,
I\\.l1d ~;y~nAnt.l of uld n;)<<~ il.nd tl1ia m{)rtll1l~, llrt! not duly, pfornpUy, iHHi iully pafOnlll"d; UI('O In
elth~T or 8,11}' guch E:Yf!nt,.t.ni; u!d llgifreilfit~ t\lun mentioned in ~:d noli:' trWI1 r-<mftinllilC. unpaid, W,ith
intttf:'l'lt ~>cn.ft>{~ hI thftt llIlH.', lm.j an mi)fH'Y~ &t":ured hton'by. 1I!\tw i~~om(' du,: tlnd p<\Yl\ult> f,irthwlth,
01" ~~ertNl!t.~. &t the option of uid mortga~, M fully and rompltidr U If all ot the uld l'urn!\ of nloney
W"are (.HiJ.ir....liy Ijtipul.li1tPd to be paid (Ill tlUehd-4)', nnlthin~ ill sAid not{> or in thiit n~oftglige t~) the COiltr&r)'
noti1t!th!~-ding'; snd th~r~u~}()n (lr U~~f'l!l\fl.i!r. tlt tne optIOn of Mid m(H'lg~ef', Without nohc@ or rl.~n~nd,
wit At 14"'- (,It" 1ft ~uity. mll)' 00 proi.{'(\lt~~i M if ail mon'-'1i &4:<cun'11 hen-by hg.!! matur~\ prior to its lhllti.
t\1U~"j" TI:" trH,rt~ may fbrff. k~ thii'! I!1IJftPite, M to .tho Mfiount ."t> dt.:dartd du(' ~nd f5Y$!h!(', and
tho ttald pf'(!ml.N:lt ih-.Jl \.)..; a-old to 84t~fy iHHI ~~y the ta.!!H.' togllthH With (i..~U\, t~lir->cnS{.<.!l, An( a}lowAncca.
In e~ of ~rti~l t(!~lo8iJrt! of ih~ mQJ't~a~, the mor1~&~ prt:'miJH'\ll ahall be .old lubj;:-d to the con-
tinuing Utm of t"t,tg m{lfi,g~~ (or thfJ ,Uflounl vf the d4t not !h~l du~ And unpaid. In ,u<:h cue the prt)o
vakma or thu ~agn.ph may agif!n be QVI.I~1 of thtr-t',aft.er from timt: tv tim" by the rnortaag~.
11. 'l'lu.t the mort.gqror will li'~e lmmedi..t~ HoiktJ b)" rr.all to U..~ fllort3~ of f,IlY (;Onvey&nc~.
~ftl'" OJ' ehf.np of owut'n.hip of Un} prl:'-mt~,
12., ThAt no waiver ot fillY coviffiiHlt hi;jf-e~n ot' of tht! obligation R<<ured hereby aJw! at any Um~
U'~t~r 00 heM to be a \'fill\'~ of t}." ti'!"UUj hert3)f or of the not.e ~-,,<ljr('d ht'f~br.