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<<wd in.6lJf3.11C'l' lJr~Jl\iUm8. "" till' ('!&M" IlIllY t.e, ~uch ~~(M13 (Lna!1 ~ crt'ditoo hy t~ tnNi.iCa.i~ \In aul.1I&.e\IlHtn\
t)AymtntA to be made by the mort,~r. If. how~'\'!r. ~ InQ.'l th 1.)' pOlyttl~rltA m&d~. by the fn(,rtaa.rot
undt'f i h) of JlAr,..raph 2. pr~inl ah&U Dllt bl! 8Uftk:~t to pay rround rmt&. lax_ and aueamonia
and in~unU\<:e 't'h'miuma ... lb~ ('&1M! may M. wh~f1 Ule ~ Ihall be-.'XlCle d\M! an.1 v-yab.le, tht/1 the.
ffil1rtj{AgOr aNt.! pay tu lh~ mo~1C" &0." llrnount!l~ to l'&UJI.Cl up the ~iM(,Y, (In Of bt>(ot\:' th@
dAti! whell pa)'menl of such In.)\.tnd !"lP\ta. tA..., UM(i&mmt.t., or I~~ pl'lWlliuma .haH be d\l~ II
at an}' tHOO the mortaaa'or ahAlI under to the m()~ in at'('()~ with tM proviaioNl of th~ IlOtr
k"Cured ht.rt"Ly, tull paymti!nt (,t the .nUn h;debU>dn~ rtPrt'IlH!nUld t.henby. lb. ~ Mall, In C\.\lll'
Pllllnll till' amount of au<:h ind4'btt<in_. cAdit to the account of the mtJ~r rJl Pl'ymfmU mad~ undtor
the ~)rovl.~ion. or (a) of pu..-rapb 2 ~ whkh 1M m~~ hM not beoJm41 oo.tllat~ to p.~' t" th('
f'~era.l H<,>uJ.il\g COmmu.looer- &nt.i -.ny N1AnC'~ Nmainmr in the tun.u a.c-cumul&W under the pP:J\i~lOn.
of (lJ) of Mid pau..r.ph 2. If there ah.IlI bot'.. defau.lt UfitM--t any of thCl provWOWI of tbi!l mc.rtift.j[{:. re-
^ultinlC in &. puhlic "Ie (l( the pNllnieftd oo...-.red h\mllby, Of if th. Jll()(f~ aequlrM the proPf!rt}' uther.
wi&eaft~r default, lh~ mort,-~ tilia!l, apply, at th~ tun~ 01' U~ (:c)~nme~"'flt 01 ~h pn1oCff"ill,ge or at
tho time the propt'rt)' 1& olherwl.6e ~Irt!d, tht! b.tJ.M~ lh~n rem&lIll~ u~ the tunda &<<U4llulllltl.'<l undi't
(b) ot p.arl\4'TAph 2 l)flOC\,-dinr U A cre<Jit ..a\nst ~ Amount of prine.pal then ~it\in. unp,lid under
/!.Aid note 8.!ld ,hall proP'l'rly adju.at any p&)'~ta which -.hAIi hA"*, ~n made un~r (Q) of Mid par..ra.}h.
4. That h~ will p,fly All tAXei, ~o~ ",aw ralM, .nd oth..r ro....~mmentitl .)f municip,al ch.arv_.
fine&, or Im~Kll!ltion.t, tor ~'hkh proviaion hM not ~t\ made h~reinbe!Q"" a.nd in ckt(ault thereof the mort.
gstC~ tnll>' pay the IUlnlfl; and that he will pl'iJtnptly del1v('f thf:'! offkiai f<<eipU th(r~flir to the rr:ortAC~'
r, Tt~8t he will p{.rrnit, commit, or luf'fer no ,,"ute, impairment.. Of dnl!tioratlnn of uid proputy or
IUt). part theroof; and in tr'1e f'V'ent of. th~ fa.i!ure of the mortgqor to. kee-p the buildin._, Oil I.aHi pr('nll~
and H\08e to b~ ('red..-d on Rid prt'mUte8, or I.nlprovem.-nta thereon. In IfOOd "paIr. t1'ie mllrtgag...e may
make lIu<:h r'~r>.in &a in itA dlsa~tion it mAY deeITl n~<<'M&ry for the proper pr1fl6er..tion theu.of. and the
full Amount of each anti f\'U)" luch pA)'"ment a1W1 00 immecilat~l)' d~ and pA}abl~. And ..\&11 be M'Curt'd
by th,. IiI'Il (of thi~ mortg~
6. That h~ will pay .11 and 3ingular thi! CQlU, chui8. a.nd t')(~I\.l('I$, includin. NU(,nable lAY/)'t,t's
t~. ~Ild (Q;'\lollO! abEtra.ctg of title, incurred or paid at any t!m~ by the morta~ l><<.alae of th~ failure
on lhp. P.Art of the mortg~r J.lf1)fl1ptlyand tull)' to perform th~ aaTffn1f'l\t.tl and COHn.nta of "Ill prom-
iMOT)' note and 0118 mortiAit', and uid c.....ta, ChA~. and expe~ &hAll bot' imm~i,.tfl>' due and pay.
~ic And !.hal\ ~ !K'-(url>c1 by the li~n of this mortpp,
7. That he will k~p thi' impn~...em('nUJ r~oW uu.ting or here_iter t'roctt'd on the mortgiltlNl prop.c'rty,
msuf€'l.i M mllY l'\{' f1"l1Ulr~i fr('~ time to time by tht' rnort<<a~ ...amst kl6S by t\r(' and otht"r haurda,
cMualtie1i, ar.d continil'n(:iea in &ueh &moun'" and tor ~uch ~~ri()d!l ~ may bi' ~lJirffl by rnort~agee.
and will pI\y promptly, whl!n dYl" an)' prernilJil\!1 on 31J(h insurance tor pAyrn~nt of which prmision h8.Il
not b(,,*,n made her€lJlb-efort'. All iOAurance ,hall tX' carriE<d in colUp.tlni<oJI approved by mortiagt'{. llnd
the policit~ :-.nd f\CnewAl.8 UH~!eof ~hgll ~ held by nwrtga,{~ and h.!ive attathffi ther\:to Iou payable
dAlMe4 in favor of and in Corm &t'('('pl~ble to the mortgagee. In (''it'nt or 10M he wi!! give imm<<lillte
nrJtlc,~ lly maillo lIiOiti{agf'€, And mortga~ may make proof of ION if not maOt' pn.:omptly b)' mortgagor,
And {'~h iluurance ('ompany (onculltti III her{>by AlJthorlt~1 and dirt-ctl!'d to make pa)'mt'nl for luch
ic~VI ili:n:cll)' to morlg~ i05t,'ad of to mortgagor and mortllAP jointly. anil th.. inlurante pnxN'da, or
any part uH'rwf, may bt~ tlPIlllNl by mortjiagee At ita option either to the r~lildwn of the Indtbt€"(lnt"$.ll
h('r~by 1K.<C\lreJ Or tl) the Teatoutlcn or rep!lIf (If L~e pro~rty dam~1. In l!'vent of for<<!oaurc of thi3
m(lrti[Ag" or otht-r tunda of title to the mortgaged prop.trty in e-x\Illi'Ui.hml:'nt {)f th~ indE'btedn~1
8-t:wted hHe-br. all r1l{hl, title, and iliterf'At ot the rnor1.i~or In and to any iMunm<:e polidql then HI fOH'e
thall p&A5 to the purf'h~r or grantee.
K. Th.t the mortgage-e may. at AnY tune p('ndiniT A 5uil upon thle mort-iflgt!, Apply to the ('i)url hav.
mg Juri4'Jlction lherNf tor t.he appointment of A t':'CeiH'r. And 8uch court shsll forthWith 81Jpoint a
ri'Ceiver of the pr('mi8t'8 covert'd hen'h)' all and ai!\3u1ar. il\cluding an and sinjlulAl' the income. pl'dH,.&,
iuues, lind ~venl)etl from wh~te\'er lOurce derhro, ('!fiCf! itnd t'\'ff')' or which. It b<>ing {'xpr~ly under-
st,-.,xi. iA hen'b}' morlgag~i u it 8pedfkAlly a.et forth and d~db<<i In th~ j1lflnting And h~ndum c1au&f'~
tH'fNJt, and 3uch J<>oC('iV('f shall han? all th~ lJT~ d ~md effective tUl'1dioM and powen in Anywi1i>t
l'ntn.Hlt,~i by Il. court to (l n~ei\'f'f. 3.nd 8uch appointment ahall l>t. mW0 by such court 8.5 An i\d!T\:ttt~i
equIty And a matter of shsohllt' right to uid mortgagee, And without rdeH~nce to the adt"qu4cy or load.
eqUI!C)' of the valul' of thtJ prOI~rty mortg.g<<l or to the Iwlvtncy or h~aol\'t'I1C)' of said mortgMg-oT ortht'
ddrndants, and th.at 8\lch n'n13, prol1~, incomt, l.uut!S. and revenu~ ehA!i I.~ af)pHed by Illch rffcivcr
IH:cording to the !ten, of. this mortg~g~.' and the pradice vi luch tOtlI!' In th<e eH'ot of &lIY defAult on the
part or the mortgagor IH!r~lJrHiH, th~ fllOrtiilgor a.gr{'(>!l. to pay to tne mOi'tiflg~ on dtmand at; l.\ ft'uon.
AJ)le monthly r~ntal fo~ the prcmi.!u.-;-a an ani~)Unt lilt le.a.5t t'qUI...a.l~nt to onl'-lwt'ltlh (1,'1 i) o! the ai:ttr?i{at~
ot the tweh....., monthly lIuu.\Imcote ~YAble In lh~ then nlfl'ent year plua th(, actu~l iUT10unt or the &flf\uJLI
l.a.J;('$ aMnhmentA, wau-r rates, f>.lld inAurlne~ premium. for euch yMr not cO'ierw by the a!Qr~id
monthly p.l}'men~,
8, Tiw mortgagur fllrth"r ";\f'nanti' th~t should this mOl t!{t;.~(: find thi.' Iiot.t: ",'(ured h;:rdJY not l~
,'li~pbl(' for 11\5UranCe under th~~ Nt\tlOnllll~o'Jging Act \\:ithin 30 D/,yS ,fr(,lffi th(' d!\t.f. hen"JI
(wnttf:'fI lllnu.ment (.f any ofili.:'er o( the F CiiHsl Houalng Admlnl~tration or allthotiU'<l a~nt of the
J.'!''!.h'ral lIoH:\lng', ('tl!~miMion<,r dak,i !lul.sl.."-l\ient to the, 3.0 DA, YS tin-it' from t.h€' dll.t.:: of thil>
f1i.)rti(a;{t'. d('dmlll~ to m!ltH-e ~ld fl.'\t' and tlii~ m(Jrtgnll~, t)(~lni (k('me-tl conchHII\'e proof of ~u<:h Ill-
dlKlbility). HH' mortgagee or tht! hold..r or Ow note may, ~t it.'! option. i.\t'~:l:ir~ ~!l f>Umlf M:<;Uf('{J htrehy
Irnme\1latt.ly dIll' 8nd payahl(',
10, Tht\t (u) 1I\ thf' ~.'\'l'nt of any hf(.ach of thi5 m;H1~l\ge ur Ildi\ult on till' p.art of the mOI1{(iljiiO(, or
t.") III tht' cVtllt th."ta:iY of Mid IHlI1Ui of nim,ei' hi:'r~in r~ft}rn:~ to b~ not pr(lmptiy and fuit)' l~lrl with,
out demand or nutlet', or (cl lil th~ t.....nt th~t. e1\1:h and e\'t)ry the ~tipU\~tilJlll, agn:~m(mt.<j. CDrHlitli)il11.
and co\..nnnt8 of Mid [jott'- IWii thl! l'lxl!tgt).gr, itH~ !lot du!{', pn,rnpt:y, and fulif P<'rforfn~'d; then in
i'\tht:r or i>n)' such CV'.'l\t, thi: liald agirr('gak ~um nif:l1l10nl"'l ln uid H,t..:- tJWl'; rl'm..inirJ.i Uil{.~!d. With
int...n.~t $l.ccrlH:d to that tiilw, finlI all morH~Yj; !K.....-:un'{~ twrl'hy, ~h.iili lJ<<Olh.>; dUt; and p:A}'able- (<)rt.h\~iith,
or thell'and. fit th..' option of Mifi lHort~~. M full)' i\nd e<>mpl('tdy ~ If all ~}f thi> 1-8;,1 ~IJlW! of ffi(.!wy
w('n:~ otginall)' 8Uputated t", be PQid on Mli'fI day, 8.tlything> ill M;Jd n(jt~ (J( in thlJ! nwrtt~ k th(! ;:'ontHlf}'
notvntJ\~tanrhl1g; and UWH'uW,;n or Hil:re.l\ft(,f, at tilt' option of ilAolti tf\l)rt~"t. without noU{.:...~ (.1' di;fn\f..t';!1,
!Wlt ~t. Iftw or ili {'(jllity. may t~~ pf~"<ut<,,,i u If all fUOlll!YS ~_,(,\Jr~~i h~rt:by h-ld rr~tu\~i prior U) lt~ lr'l3ti.
tut!O!l. Th~ 1ll(}rtK~~{' may f~rf~i<}.M' thiS mv1t€{a~. 2ti t,., th~ ~m(l~mt a<,l d('oC!arf'd d.tt~ ftntl f~~'",N... t4.!Hi
the !'.!UO prt'ml~ shall 00 !told tiJ MH!iy and pay tht ~.mt' t~tMr With t;:>:'4t:.1, "q~~5, iltHI al};Jw1tne-ta..
In (n.~ of parUal f/)n:..-!I)iur.. (If this mortga.i"", tf~ rn,)..t~~ pr~!~ snal! 00 ~h1 .,.~bj~d l:>J the l?;(:m.
tH,ump !ii'll o( t}WJ mort2'llge {or t.he ~mQunt ,'_,l! t.ht; d~h,.t not thl'f! d~, _ And unpoJ,id '.ill weh ~ thn IIf(}-.
'.I.~i'JIl8 tjf thiS ~ri\gl'allh mAY .llRain be .,>,aihd of th<,:re3ftp)r (r-om time to tim;; by t'- i"iOr~.
Ii, Th.!\t tnf' nwrtgi\jfor wl\l i{l\"l' imi1'ie~H.l€o notk~ rq milll to th~ rnortK~~ Df imy {;.>n\'~Ylu1\~,
trt\nllfer, or (:hani~ of own~rt.hip of the prN'l"li~~.
12 Th&t no wai"'{1f of a.ny ('i.JvefiR.nt hN~n or of the (.,hHglitivn~:\i~.l h~l"t!by ilhalll1.l any tim...e
tt!l'r';llft.(r i){' hdd to b~ 1\ wl!ivtr of the t~mll ht-tJ.'{!f or ()~ j\lt lwte M'CU~ hn.:by.