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ufid~r (il) of 1>atll&'I:.,,~)h 2 pn....~~,din,lit sha.H not he .uMd~nt U:. pAy Jl'O,.m.1 f'('n\4, t~u,~ And ~menlJl
and Il1S11fllllt'"\1 DH'mlllma, u tht' C~ mAY bo\ wh~n t,hl' tWIJ1'.f' Ilha.!l ~omt' OUt' i\nfl llllya.bll', thtn tht;
modl(llgo! 6hlolll pay to the rnor~AK~ All)' arlliJunt n~~~ry t... mU~ up the d~(\{'i(>ncy. Otl or l.otfure the
dale~ht'n paYlnt'nt of silch Irllum\ rt-nl~, tAX,"", ~lM'it.a. or i1auranct! pfl\fniuITi,A t.l'\.a!\ be dilt. It
at an,' tune the mortaa.\l'or shllil t~ndu t(1 th~ murtwalec.' in !k('()rdanN with t~ pro\'i.ioll!i llf th~ r,Q~
s{"ClIH,<1 herd.;-, full ~\AynHmt of tht" l'fltire in-dl"bt..ont'M n!prt"tW'nt..d t.h~rf'by. lh~ morta_1't'e ahall, In \'om.
putlng thtl llmNJot of tluch il\d~btf-o:i!i~, rr.-.Jit to thl" a<;",co\Jnt of thf) mortll4C',a' all p.&.;fIlt"nt!i ma,l*-" undu
tht' lH'U\'lslOllll of (11) (If paraaTaph 2 h..reof which the lllort.~ hu not lJt'(;t.>>1H1 (lbliiatt'\! k p.'l)' tl) lhf!
Federal HO~lili CHmmi...ionu and all)' balAnce f\"maillill' in the tUlid.ll accu.m\J.~4'<1 Ufll~t' till' pr,)\i.i{m~
of (b) of Mtd VAraaraph 2, If lh~H' ,hAll t.e 1\ ddaull undo Ani' of tb..- prO'illi(;nI> of UIl,!t m,)l tl!l~", re-
5ultiu, in a public u!t' of the pr~l1i5(la cowriSI hereby, ot it the morl<<~:tt"C a~uirl:'ii thl~ propert)' ulha-
wille After default, the mol'4f~t"t' .hAIl Qppl}'. al the Unit! ot tilt) r-omrnencNoenlof llu.:h pn'<~I.("llnRi\ or ",t
the tinl(' the J1fOl)('rtr ift otht'lWIM"' ~qUlr~J, UH! ha.l.nee tht"n fl"maining in thl' fUfHL" &t'culIIulat.,1 IJ\},!er
(b) lit p.au.gtaph 2 Pfl'1:"t.>dIOIJU It. eN"iit a&,!\intit the AlTliHlIlt of prindp&\ then t't'rnainlng lHlI,.wlullder
l!4id note .silt! ~hAIl propnly .dJual an)' paymenta whIch ahall ha",' ~tl m&d~ undt?r (a) of !lAid Vllra~rllllh.
4, That he WI!! pay a!l ta'l(t'~ !UIl('>\SmenlA, water ratt'1l, !lnd oth~r lloH'mmental or mlililriplll fhi'lfj(f'~,
finell, or I 111 poait wna, for whh-h pft~vL"ion h.lU not })t"i'n nllldt' h('rein~K"for(>. and in defl\ult thv!'t'(..If tl"~ mOlt-
jfagl'C O\:!lY 1)80)' the ~JlJi1e; and t.hat h~ will promptl)' deliver the ot'fkial rt'c~ipta thf>retor to the n;ort!\~ge(~,
o. ThAt lit' will\)('nnit, commit, or l\ufler no wutt~, imi}Airmt'rit. or dctt:>riofat!vll ot ~i(l j1rtli-er1y or
allY part therrof; and in U\(' pvent of the tili~ut1! of tiH~ !l1Clr4ct&g\lt to k~p tnt' buildlll({S on Mi(i prf:llIll\\'8
and tht\.'ic to l~ ('reeled on "Hi vn'mllws, or Impro\'t'oH'nUl lhfH"OIl, III ~ood tt"r),llr. tlw mortKli~Vi' llIay
nllilw such rqh'iirs &.1 in IUl di!l::n>tiol1 it may d.'O!m n(,~t'saary for Ow proiX'r pn.'$HvallOn ttll"n-u!, Rnd tile
{\III an\<funt d I:...di illld (".er)' iHl\:h paymellt ~hittl bo' Imm(.'dlatd)' dUt' and jlayaLle, and shnlllx: llf'\:ur.,i
by the liell of thi. mortgage.
6, Thnt btl will pay &11 and singular the Cl)jitA. chargt'ti, ~H\d t'X~)(,IH'~. induding T'\'3Mllablr !itwyt'r's
(('('8, and (i).~ta of al)iStrilcts or titll'. int\lrN"!l or l'-llid At. Any Umt' hy thl' rnurtj{Ait('"(. If(>(i\\l~e of tilt' faillltt:
en Uw part of the ,mortRa.{Cor pr()rr~ptly and fully to perform thl' llgfrttlH'fltS And eO\'l'!1ilf\lA of ~~\ld pnJlI\-
lMory note and thIS mortglll{f.", aril.l uld (".)f\~, i:'hllti{t'lI!, And t':xrl\"nAt~ ahRIl bt: ImmeJll\tt'ly Jue and pay'
alii.: flnd !h~1I1.JC lkl'U rI."tluy tht, !i('n of t.h 1& morti~.
7, That h(' wili k.'1;p the impr-ovenwnl3 now (>xisting Of h~!rl'aft~r t"rf'd(...d or: till' mortia~{.J lir')I~rty.
inlluH'<l as nlliY II(' f(>(luir(-(! from time ll) time b)' the il111l1gsg'f!e againi'Jt iOSJ by ftn' Sind other haurdo;.
e.u\laltit'~. l\utl cOlltin~l'ncj,,~ in such &m"unt~ and (or IlUdl perif>lt5 ag il\IlY l)o!' rf-quin'.i by mortgagee,
And will pay Pfllf1)ptiy, Wh(!ll dlH', any pr{,lllillm~ on aueh insuranc(> for paymc-lIt lit whith provision hu
not IX'f.'n ,nude herl'lnbdon': All !fl!\lirllonc(' I!hall be (arril'\i in n'mpilni~ i\pprowd by mo.:-t~pi~{'(' land
the POliCH';! l\nd r{'IH:'Wl\I~ Ull'r(,O( 6hall l>e h(,ld by {fiortgbif"'" and h~\\'e a ttEdlt'< I thereto lot..' payable
d!ltl.~I'~ in h.\'or of anti ill (orm r,((t'plabk to Ult~ tn<irtj.l'Rjotl:{', In (>\,('lIt of h)!'.~ hI.' will giw irnmt'diate
flotll.' b>' mail to mortgtlgl'<'. and rnort!(ilKl:'e inay Inak~ Pf00f of lo$.~ it not mnrh' l'rnmlitly by llH'lrtj(agor.
I\nd t'Aen iIlA\lran(,> compallY conct'na>;1 ill herehy Rothortll~1 and din-dl,,1 to :nakl' Pil)'IlW,;t illr ~u{'h
h>33 diitxtly tf) mortgfigc~ insh'ad of to m()rtR'l\~or and mortgEgt'e jointly, And thf' tnl\lifanC(' pro';:l'1'ds, nr
an)' p..rt th('rl'\)f, may ,lw l'Ipplw,d by tnorti{i\gl.'l' l\t Its option {.ither to the n;",luttlun of Ow inddltl',ilit'M
hcrdlY &~1J\'€'.1 or to LtH' f'C5turatlon or l"('p"lr of th~ pnl1>erlY darnlti&i, In ('vent of fO(f,(:\oIlU'f' (If Hug
m'.lrtgslf" l)l' other trand,'r of t!lito' to th~ t!101tg!:li<-",1 prop-ert)' in t-:~tHl~uillhmf'nt of tht. llIdebtr...lIwM
l!~UH"i hHt:'by, all right, tillt', >>lId l[it.('n:i!l of llw mort8~or in ~nd to An)' IIHllIt.f\lIn' 1){)licje~ tbl'll ill ("fe..'
ahall pua to the pUft'hMt'l' or grank",
~, That the mortKf\g(<(l may. iot any tlfnl: r>t~nding a IH!!t upon thi~ mortgage, Ilpplr to the OHlrt hll"'-
in~ Juri.sdiction Ulto'tf'of for the appointIDt"lit of a r{'({'iwr, Aud tluch ('ourt shall forthv,tth 11 I 'I)<J lilt 8.
n-('ei';er o{ ltw prt'rniiH'3 cQvert,.l ht'reby till and singular, including all anil lIinguhtr thi.' ioronH', pr.::,fll3,
1!i-2\ih'1\. i>.nd ~v('nuea fronl whnt{'....er 60Ufce d~d\'t'(l, each and ('VP.r)' of whirh, it twinS{ exptt'Mly und~r.
Iltood, i!\ hHi'by rnortgag;rd M if l!~ifki\lIy !H't (firth and (h:'_1KrilX"(1 Iii t.he grantil1~ IHHl l:I\l>t'r.flum ciau~~s
hi'f('-<'!. I\nd ~uch n"<.'(.iv('r tlhall hJ\Ii(' A!l th.~ hrtOAd find t'tf..,ctlve fundlOlVI awl p(lWi!~ ill any-..\'i~{'
PDt rU!lkd bj' 1\ court to Ii rtOCl'lI.er, And lIuch i\ppointtnt'lIt I\hl\1I 1K' nl!'uh. by l\uch (ot:rt M an admltt('O
!'<,lulty and a rnnttl~r of ab~oiuh~ riKht to tHud nwrtgage~', and without rdf'rt'nc:e to the adequacy or itll\d,
c"luao' of the valu!' of the property mortgilg,'{} or to tho' solVt'Ij(',y or insolvf'IlC)' of f;aid mortgagor f'l' the-
,jpf('I\!!n!1Ul. !lilt! that I\u('h rt'nt.;, pr.Alt.s. inconi<? iMUU}, find rf'\'enur& 6nll1l 1)(' ilppl1t:<1 by 8uch f'('<:eiH'r
, A~c()n1in~ to the Ilet! or thiS mnrtgAi{'-' and the pradice of &uch ~ourt. In HH' I'wnt (If €Ill)' dd"ull on thl'
part of t,lt~ H1'lrtK8ji;or hr>r('umh'r, tilt' rnortg;ilRor RifF""" to pay \.0 the mortgllgl'i.' on d{>mand IUi ;\ fl'lL'\Oi1'
"bl" rnonthly H'nt!\1 for thi' pn.miM\1\ an anHlunt At it:'A!lt eqUivalent to OIH',twelfth (1\2) of tl;t: Bllilri'R'i\ti:
ot the twelv\' monthly i1l8ti\llrm'r;tA pay"bl" ill the thH. current y",u plus tilt. .aduai ~nH>lJnt of thf' ,Wf,U&J
t.a:H"S !i..!S';;('!l.an\t'nt.ll, water rnt~, Mid Insurance pT('millmA tor !luch year not covc're'.j b}' th(! ilfor{...~~id
monthly P<lyrnellt.tl.
9, Th", mortro;agor further Ct)\l'OIHlt.s th~t r,hould this modg9,\Ce And the nute lH,'Curt';1 hen"by nut be
eill.flble for in_I\Ufanct' llf\Jf'r the Ni\tlmllt! Housing Act within :~O DAYS from tht' delt,.' hl'r(,o(
(writt~n I)t-lit~'ml'nt of fill)' olik'!r of the FedH~! HOl.l!ling A~mlnil\trali\1n or iH;thoriu'(l l!l<.'nt of tilt!
}i\'~h'rHlllou!ling, COflll!:i!\f,ioller ~!!\t.:,d lHli~~-l~~nt to the 30 DAYS tlOh' from thl' date r,( t~\iJJ
m(Jrtga)fe, d(<(hOlllg' to In.'iure !.8l(! Hate ano tJl\1i mortgage,t:;<!lnif 'l('i'mp,! cOllchJSi\"{! proof of l!uch lll-
f'ligibllity). Ul~ fl1(,rtga~ or tiw holdt>l' of the note may. at iw optiOl\, declare !lillHlm~ 6('('IJrC,d h(-r~by
hnm{odl~tely dul' And payable.
10, That (a) in the tJvcnt of !tny bN'aeh of thia mOf'tgl\g~ or default (in Hi!' pArt of thl' mortgagnr, or
(b) In the ~nnt that Any of Mid IUm$ of mOil!!)' ht'rt,ir. i"(l(ar(-<I 1.0 1>0 r.ot promptly and fully p1l!d willi-
out dNliilnd or fwHee, or ({') in the ewnt th>>.t {<aeh ;md evny tJl'" ~t l pulat iOfl/!. agff~meilta, fond ltier-I",
and eOVf'oanUl o{ ~$.ld note and lhL~ m{ll'i~ag~, are rUIl duh', ~'ri.imrtly. and fully p"rfMfnC<.1: th€'fI in
f'ilht!T or ~ny such f'H'Ht, the a.sid ag:!('(i'g:iit<;t $um m~ntj(med In ~ll nut.;' tin'ii 1~:m;ljnlJl~ \.lnpaid. ..nt.h
interest a.~{'rut'.-j to that tirM. and all f1hinC)'!l i}{.-ciHiC'.j h"'r~by, ~IHill br,(Olnf' d!J{, ~nd pf!YI;?'j,. forthwith,
or thtm:aftt'r. al th~ option of aAla m(jrt~" M tully tl.n.1 ('('impld(;!y a.ft Ii &Ill Qr th!' ;;'91<1 RUm!! {if rJ10ney
were vrig-i!UllJ>' .tiptJ!l\t{'-i! to 11(1 paid f>l! s\!;,,}; dsy, AlH,thinll in llaiii nutl, "" \Il thl!i nlortgaw' t., ttH. umtrary
nOf.with.Jlil.liding; lif\d then:upon or th{,r<'~rtn. Rt thE option (of Mid m,ong;f.f{""', wl~h:::!lt n()tkc',1" ,~{,tnRt1d,
8ult at law Of in !?ql!lt;', m!S.y be ~H"{JM'{t!t€(1 M if an 1110'Mya Mrtur~d twt--eby h~d mahJroo prk'l' to its iMti.
tutioo. Tht" niortgag('{l may fOI''KhlH ih\!t It\ljft (). Iv.! to the li,l''1H.HW! M d&::lAnd due llfl'!J'jltvabk 8n~
thlJ ili.id prE'Oili-:(s ..hall bf! ~,)!d to 3AdBfr glHi PAY e ~Afm' togetf'1"r with (~U;, ~~P;:'t1M:ti, 4iH,l\lluwa>.Yi('@:!.
In eM<.> of V/U"tilll {oroc!osurc of thls mortgagt>, the m')ltgagt'-(i pr~(l\i",,~"'~ .hali t"" l!.uld lHlbj€'Ct to th... con-
Utiuin~ Hi>f\ of this l!iortgaj(e 1M tht 2ITiOtll1t (Jf th-B dclJt ni)l HH:n due ~n{j unpaid, in suc.h eM'" Wle pm-
vilJioiU! ot thla patAftTaph mi!Y ~in L'43 ~v1tH~ (If thnMft.:er fn1f11 timt' to tllM by the ml)rtlf'O\~,
11. ThAt tht' mortil-\l~'lr wW gi...,,, iil'm{..~L\\I~ ndkt! b~{ JYlftil to thi! rnortg~g~ t.f an)' (onV!~Y.u.~,
tn~llAfer. Of rh[jnjj'0 iff ownu,.,}tip of the prtnli~...
12, That nfl w&h~r of ilny (;~)\(;>n!Hlt htf'\'ln ().f of the (}hlig~tion IH.",a(~~\ heN>by 3h&J! at any Un~
th<!H,"'.itH bu hdd tv lK> a walVl"-l of the \.'rmli! hl;ff;i)f Qr of th~ !loW S$;vf<>d herebj".