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und{'r (b) ot puaa-nipo 4: pr('('e-i:llj( ah..l\ f;"~ l~ .\~ief\t .to ~!AY rru~nd N"ntA, t~u.. IUld ......menlA
and In.8Urar,C~ prl'llHUll18, &l\ tilt! ('~ llH')' lwl,'" hi1t ~ .rile ~ L<<ome due and p.Yi\ull'. tht'lI tlll.-
mOl tgagor ah.JI pal' h) tlil' rnortglllfl'!'t! ItHY a.rno\.lnt lif"<'.......ry t.o makt! up the ddKil'll<:)', on or t..('for~ tllt'
dllt(! wllfn l>Ayrn"nt of aueh if\)und rt'llVa, tax..., IL&&t"6JtJllt'otl., or ir;4uullc(C' prt'tnium.. llh.1l L~ .1\.11: If
at Any time lh~ mortal.Jor &haJl tt'ndu to th~ H1{1~ ill ~c1..1rd.a.nce witil ~he Pf(IVi&lOll.8 of the note
aC<:uli....i h~r"by. full ~)'mt'nt of the 4!'nl1rt' indebtedneu r~pft'l!k'nt~ t.h(:,l'l'Ly. the m(jrt<<'..~ !ha!i, in Coln-
jlutinlltht' l\mount ot lluch indeht.<"dll~. nf'dit to tiH' JI.('('t)unt of the mortaaa'or all parmi'nL'\ mad", under
the prO\'iMi..'fll\ or (11) of p.arllj'r1'ph 2 hert'C.., whIch the- Itlorta~~ hu not l~l.)ffic obhgatt',j to J.'llr to the
}.',....luA! Houai.na Co..! !HllISJlioner And ..ny halslilc\: tf'ma.inInJ in the fUIl<ua<:cumulat<<1 undi'r th~' prO\I!IOfl3
of (b) of "id ~ja.iTAph 2, If lhel~ ahall ~ a ddault undt'r an)' of the pn....'i..wr.a of thl~ rniJltillg~. r~
!lulling in ~ public "al~ of the ptemibM c.......!n-d hcrt.>oj', or if thi! tl!Oft1iag~ Acqulrea Uw prop~'rty (Jth~r~
witte aiter debult, th,' rnort..Ai{~ 3hall apply. At H-.c tim" of the romrrlt'liceOll'nl of such pff>Ci,<,dln((l\ Of at
Ult. tlrot' Hit' pr\)p~'rt)' l~ Otill'I.....l^t' a,-qutrt"(l, the ba1anct" th~ll t\'mAlnltli IIi the lundA II(,CUlllulllt~'11 ulHh'r
(b) ot pIlu-iraph 2 prtXf'<ilIli LU iI. crf-<Iit against th., a.mount of priorip.l UlI:1l rl'ln~inlnlC unpaid undef
(uud lIotlj And 8.hall ProI~r1y adJUAt allY l\A)nh'nu which !'ihalllul\!! be>ellmade undt>r en) of hId pllragrllph
4. That he will pay a!l tAxt'.i, ai\~eMmenl.n, wat'!f ral~'''. and other lilo\'f'rnllwntAI or munll:lpal charift.'1\,
finNJ, or impuaHioIlI', for ~hich provL'iion hIlA not been mad\' hf.(t'inhefote. and It) ddl\ult th..'rL~)f th.. lnnrt-
)i.Agt'C may pay t.hP. lUUW~ i and that he wili profllptly d('ii\'t'r the i...ftki.: h~t'ipUl U~NdQr to th" WOitiCAi{t'('
5. That he will parnit. ('ommit. or aut1~r IlO \Vult" Imp.sirment. lOr df\erioriitlon of nai(l property Of
CUI)' ~rt thHt'of; and in th~ {'vent of !ht.. fAilure of th.} mortg~g(lr lo k('f'i' thl' tJuildllll{~ on e.a.ii pr"JJi!5U\
and thOlI\,(' to he er~h'-(l on f.Ahl ~Jt,'mIM".tt, Of impf()\'~'rtll'nts thl'feon, in Koo,i rt'p.lllr, th~ rnortl(aloll'(' rnli)
mak.' sllch f,,'psirs a.I' ill iu o;!JCtl.'tion it lTIa)' d~'{'1ll lH'lHulAry for thl' prt1f'('r pr,'~('r\'l\tllil\ tlH'r,~,f. &llli the
full amollnt of each and t'\'t't)' auen p~YIllt'nt r,hall be iml1ll"(!tatl'!Y due lllld pj\yablt", and ansJI be l!oleXUH.J
hy tnt. hen of thi! mOltg&i~,
6 That he will I'~Y i~1I And einjlular the COi1Ul. charges. lUlIl Hpen~0\, incllldll1K ~tl..\ollllhlt> lawyer'"
fc~a, and ('(\.~t.a of al..."trart3 of titlf', ll\('urrt'd (lr pltid at fin)' t lTTH' by thp rnort~i,g\',.. i-",<,alltle of thl' !ttilllt'.
on HI!' PArt of the mortKt\j{llr promptly and rul1~' to i)('rfonn the ilt[H-emcnta and {,o\'{'nl\nts of Mid prom-
IMory not~ And thl1l mortgag\'. tind uld ('tlflt3, charges, ani! (>J.pcn,o,E'4 shall lx> Immt'iiultdy tint' find pay,
i\.ble and ~hA.1I be ~ur~>d by the ht'!) of thlll nwrtg&gl!,
7. That ht' ;o'ill ke-ep tht. il!lpn~\'em\'I1tt; now l'xi~tlllg or her\'aftt'r er<'Ch.d on t!~e rnnrtgfi~\....1 pro~rtj',
In.llur\,<.l M mAr Co{,' ft.'<:lUlfi."i from time tv tllne by the Olortgagt.'e Agallll\t li.\iU by IIr{' and olh.'r n/H-arda,
CMuAltltos. and c(lntingdl<:i(~ in such arHountll and for ~tl('h PHt~ IUi may ~ nijUlfl'd by m\)ngai'~,
and Will pay IH'lmlptly, WIH'!1 due. any premiurnl'l 011 ~u(h inllufanct.' ior pAyment of which prm'I!lIOn hAll
not t}{.'~n mad/} hef(.inhd'.Irc All IO!lUri\lll'l' ~ha!l bt' clinii'd in companit'~ approH'd by iiwrt)rlll{N' and
tht> POlh'i{~ and fel1t'w&11! th('f('{Jf llhall I}{> twill by mortllllge;.' iind hA\l' flttadlNI lhNtto k~~ parable
d.u.!'l'~ in fp.vor or and i:1 form ll("cl'ptAh!f' to Hw mortRllj.{t""'. In ('\'.~nt of h,s.., h(' will giH ll1\n\t'~ltatt'
nollet. by mall to lllortgagl'1.', and lTwrtlo{8lil:'1.~ mar mAke proof of 10M if not mnde promptly by m()rtR'a~()r,
"no {'~ch inl\UrAllC.' company ((Incl"nlt'<l is hereby 8uthoriled and d!r(-('t('{l to mak!' p.ayn>.'nt lor such
){);\A dlN"-ctly to mortRaKt.... In!\tl'ad of to rnort.cal('~r and rnortgagt'e jOintly, ilnd thl' InsuranCe prooCl'i'.J'l, Of
li.ny p.art thf'!'t'l.lf. Ill:\Y lw applIed by mortl{3l(l'{' at Its option c-itlwf to tiIP r("tiuctlo!i of thl' lfld..btt'tlnI'M
IH'feD:; S('('llI"",i or to thp n'Alor,'\tlOn or rq1lllr of the prupNty tlalllilirf'd Irl ('v.'nt of lOH',:Ir...~un' of th.,
mortgag~ or othH tranllreT of tlt\t~ to th~ rnorlgAl€('(1 propt'fty in t'xtllIKUIl>hnwnt of the Inlh'bh'iiof'M
i1'_'<UT~....j hl'f.:by, all nght, tlt!e. and illklt'dt of tht, morti(&gor in and to an)' IlilwrlH:ce pohcll's thl'l\ In forct:.
IIhAll p~ to the purchaaN or grantee.
X, That the rnorti{agl'-e may, al any tmH' pendrng t\ suit upon thl~ mortgl1R'\'. apply to th" (ourt hav-
mg )unS(lictwll UIN('()f fl.r the AppointmPtlt of 1\ rf'<'t'iver. and such court ehall forthWith ApPolnl It
n,<{.i\'~'r of the prcmi!l('~ ('1)\'I'r.'..1 h...n"by all and tll!lgular, mdud!llg all and !lIngular th.. InCO(JW, profit.!,
iMU(t!, and rt'H'nue~ frnn; whl\t~''''er 1I0\lr,'(' ell'riv('.d, "-arh and \>V('ry of whlrh, it tK-lflg n;pn.s,,,ly un(it'r-
.'\to(";i, ill he;t:by mort~'j\g('(1 RiI If l\l~'("ilkally 8('t forth ane! d"'A.'ri~i in thp Krantin~ and hah~.'ntium dl\ll~€'l\
herf'1.(, and such f('('("lver ~hl\lI tift\'(' all thr. hrOAd /lll.i efhx-tl\'i' fllnrti0M and l-Xl"Hr3 In M\YWlM'
f>ntnJst('(i tJy 8 court t/l Ii rt.."\:el\','r, l\I\(i such Iipp(lintm~nt l\hall he made by such court 11." lin Rdrnill.('~.i
t.."jtJlly and !\ matter of ^h3<)I\lh~ right to &BId f)lOrtgAW''''~, and WIthout rdert'llcr to thl' j\,h..~uacy or lnild,
("Quae)' of thi' .....lllul' of the pro\wrty rnortgilgt:'<1 or to the solvency Of in~ol\l.'ncy of said nHHtgllgOt or the
ti...rl'nu<\IIt..5, and thaI. !JiJch rellt.'\, prnlH.s, IIlCtHne, iA."I\H'.8, fwd rt'V(,niH'~ aha!! b,,> applleJ lJy 8u('h TH".'ivi.'r
&c<:orJlol,( to till' ht'll of thIS mUftg3R'~' lino tht' pr&ct ICt~ of 8urh cour:. Iii tht' ......{'nt of any ddault on the
pArt of the mortgagor ht'n~iHldPr. th... rTlortf{I:\Ror &gr'eett to pay to tne mortgag.'t> on d"fnRlld M a n-A~on-
llhle monthly rt'ntal for till' pn'rt\lIw8 gll limount allpallt '~luiYl\lent to onl',twelfth (II:) of th., ltllKl'(-j{ati.'
of the twei\'\' monthly III!\tAJlnwlitJl payabk in the OWl! CIHn'nt YCllr p!u.. HIP Mtllal amount of the annual
ta.:u'.3, ilA"("8-,o,rn.!nt5. water ratfti. and 1I\!!urAnCe llrj~lTllll!nll (or 6uch }'I>.!H not C(J.,d....d by tIll' llforeuid
monthly payment'l.
9. The mortgagl!r further C\)Vi'nllOU thalllhollid thi~ rnort!(lilCl? and th{' not..' &t'<llrt'<l ht!r,~'by nolljot>
l'llgible for in~tlr3nC\' under till' Nntlonal flouaing Ad wiLliin 40 DAYS from tht' <ll1t., heft"'!
(wrttl~Il 3t..~t("m~~llt of 8!l)' (,fl\CH of the Fei.h:-ral Hoo/llng Admlnll\tratlO!'. or !\utnorllftl kj{t'flt of the
}\'<il,rftl Houi.'lOg CNnmiMioner ,lat.."i flu!>u'<}l.lcnt to the ~iO DAYS tllole (rom thp datl' of this
mortifllg('. d(o(.'lll1lng Lt.' i!HIure 3!!ld note and lhi~ mortgage, I~ing I}(..<fl]('(l rondutl\ve proof of 1\\lch In-
elig-ibility), t.hl' mortgaKet' or Hit' hold1:r of the noW may, &t ItA option, lil'dan, all Burns ~>:.:ur('d hereb)'
immediat('!y due and paYlilJlt>,
10 That (0) in tht' t'\'t'nt of any bN!ildl of thill mortgp-g€' or ddault on Hit' part of the mortifllf(Ol". (IT
(t,,) Ii. the event thAt AIi)' (If uid tlt.ln\!J of mOil>:')" hNein rdern'.i tn IX" not promptly imd fully lh'\id with,
out dernllfid or notiC-B, Of (r) in the eVer.t tlll.t eaeh and (--y~ry Hit> 6tipulathmi\. .l'\iH~rneIlL.1I, n,nditlOnll,
And cOH'n9.ntA of 9Jlid not~ ~!1d thiJ mOrigag,\ are Hot duly; promptl)', find fully r..erfonnM; then in
{'iilin or any su;;h (?v..nt..the said sgiii''t-gat~ &um mentioiled in ~3jd not>:> th€'1) rt'm3ining unp!iid,' wi~h
inu.r-eat 3.('('fu~ to that tune. nnd all money~ lK'i.'un..'..d ht'f"!'by, 1'ih!1.11 b-f.'Ci:>flW due and 11.{,,\y,tI.lk; forthWith,
or thffNlftN. ilt the option of u.id mortg-ag~, L'i fully 3.nrt (ompk'tt'jy tul if all of the Mid !um~ of money
'llfer-e originAlly fttipulllti'd to be paid on ~Il('h day. anythir:~ in ~id note or in thi1\ rnortgagl? to th€! c(Jritr~f>'
fiQtwiUl.8landing; ftnd therl!upon Of lht>~.dtN. at th~ optIon of Mid modil1,~(>t."', without notHe or dfrn!lnd,
!ult at law or in ttl~,lity, may bt' pn)&:<utt:d M if all mOf!('Y8 ~Ufi-.d h~:-i"hy nl1td mb.tuiiA prior to it~ insti-
tution, The mortpge-e mny, 1;)r~h~ tJ-da mvrtrag-e. v to the a.rnoutlt liO de--c!ut'{1 QlII' andJ).i!.'jllbk and
the u.ld prt'>fl'li~ Mall be ~{)!d to lUlUci!y l'nd pay the um'l tOl1tlthr:r with n)otIu, e:lP'f!n~. an al1ow"'[H:~,
in C~ of r..rtlAl t(}r('d<>>ur~ of thi& ft){.rtgqe. too morl-ltA.i't"j pr~miM!4 ,haB ~ &old suujf:('t to th-: wn.
tinuin<< lie-o of th\3 mortl1\g<J for thit&mount of the d.-.bt ncl then dl.H.' and uTipaid. In IIveh (:~t! the pro-
vL510!1A (It thiA pAfarraph m~y agAin be ava.lloo of U.ert.&ft!!f {rom tim~ tu time hy lhi' mortgllift"e,
11, ThAt the mOft.~Qr will give Imr.nl,<1i3t!1 o'.Akt'! by rn~l\ to t.he rnortiltg~ (Jf lU1Y Cf.myeY8M4,
tf6J\litf'j'. or c..'1~.ni.-' of oWiliJuhip of the pr'uni4i'...e.
12, That 00 waiver of An}' (~:tV~IHlnt h~fein or of the obligAtion ~tin>d h~r'~,by ahaU at any tima
ther('"Hef b€l hl::ld to l)t) & w<ii..'t>r of the WfIrlt hereof or of !.ho now iH~C\J~ hcnjJJ.