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I.ft:der (b) l1! pallliraph 2 pr'"H>dinX llh..U not lAJ autftdClit to rt&Y pouud ren~. t~l'(\~ and tl.aM&Il!l~flU
and lIl~\Jr&lI(~ f'rt'IJII~lm~, u thl< ('~! may bt!. wnf'n th~ t.&ln~ &h..ll t;('ICom., du\' and vAY a.b It'. then Hac
owrtiia..:or llhlll I;.)' to th.. lI1ori.i~&t'\' ~n)' a.mount iI",,(~ry to rn.t.ke up the df!'ki('n~y, on or l)('(or-e Uli!
d..i~ wh..n payment or llueh around (t'nta, hU,\!I8, ........'lfnt'nu, or inaurance !JrrsnlUIl"lll ~all l-..' due. l(
at any tUIlO t.he mort.a&oT ah.J1 tf!nder to the fJl\H~&a'OO in a,rcofdanr.c \\ith t)w pro\'illiQo' ot thf< note
~llrni ht't\;Ly. full pa)'n~llt of Ow .nUr" indt'bt('l(int,llM r~p~nW thtN'b)', the mort&arw- ahall, In com.
puting th~ amount of 4l1eh indl'b~1neM, tredlt to U\e ~\lnt of the mQrta'acor ...tl par-menta Iliad~ IIl\dn
the provhi('l\A of (a) of i'iH _graph 2 ht'l'o'(lf which the mo~ h.u not !::oKo..'11~ obhlfati!'d to PAY to the
}'ederallloulil\i Commiulofl('l" anti 4.n)' tlAJAHcc N'm~ninJ Hi thtl lunda ac.umulAtt",1 under tilt' prOVl-'lf.lna
tlt (b) of Hid parq-nph 2. It thertl ahall ~ a dt"fault undn any of th~ provi.i'Hl.I or th~ mortgliit'. rfr
lultina in . public lAIe of t.h~ pN!rnilell ct)\,e!'-ed hertlby. or it th~ mort&'&~ IKquih'e the property othu.
wiAt'! aft~r ddault. th~ morti'.I~ ..haJl appl)', At the Um~ of t.ht! Ct'lmmencem\'nt ot ,ueh proct~'(hl\~a or At
the lime the r'r\'.fIt'rt)' is olhf'r\\'l~ IoCquir't'(}. th~ b.alAl\C<! th...n N'f1\.&ininl in tilt' (unda flccumulst€(lullder
(b) or lU\rAir8l,h 2 pr.t'c.-eclllliM il credit a,aliilUlt the &nWUllt at llrinclp&! then remaining unpaid IIlld"r
aaid I\ol~ and lihall propcrlj' 6.dJlUlt any Im)'Uwnt4 which &hall ha\'e ~n m.~ u"tin (,!) of "Ill pilltl)Craph,
4, That h" will pay a\ll.ax6&, aM('$6l1u.mtJi, water r.tee. a.lld othl.'f lr')vernnwntJlI or munkipal ChUKt>8.
t\ue.9. or impoliliona, ("sr which l-ll'ovillion hu II'Jt been mA<k nt'ft'inbt-(ofe, and in ddi\ult thcrt<{)! th{' rn~llt.
Ia.ge<:.' lIlay P&)' Uw .MIll; and that he "..ill prumptlj' df'ii\'t'f the oMdal ff:'C~ipt.a ther~fof to HI'! o:or lKatc~,
....
h ThAt he will pennit, C<llnmlt. or turfeT no ....uttl, iml\Airmer.t, or deterioratIOn .of uld pror""rt)' or
Ali)' part thHeof; Aud .in Ow ~\'f'nt of the failuN of the mort.c-.ur VJ, ~e.'p the bUl~dlnils. 011 IUlIU.' prl'1Il1M'."
tlnd thOGt' t.o b~ ef,-'doo on J8H! l-)r'ft"m~, fJY imprOHnlt>t\u tht"re-on. Ir\ 1\txo(l Tepal r, th~. mort Ii: i\gt-c Int.}'
mllk~ <\uch (('pai.s a.!lln its dlacrp.tion it mAY dffrn ne~ t.oT the prop.er pr~Hv8tion tht'H.'Ot, lnd thf'
full a.mount of t'~h !\nd ever)' such PAyment ahali be irnmf(iialely due and pA)'able. and shaH l~ 8(,(,llr~1
by the HE'n of thi~ rnort<<-.rt'.
6 Thlit he will pay all.nl.! singular tho (OtlA, chliQrt>6, And ~xpena(-3. including 1"\'a.~onliblE' lawyf'r's
(","_'S. ....nn coetJI of at"'ltr&.et. (If title, jncIJrr!Wi or paid at any tim.> by tni' mortS:l~t"" l~au~t' of the fl\i!u(('
.on thl' part c-f the rnurlj;atlol' protnpU)' and folly tJJ I)('rform Uw agn.:('nlf~ntg and co\'('nllntl\ of uid \,rom,
iMUT)' note and t.hU mortjf~. And aaid CiJlJt5. ch&f'I~. And eXj)('n~ 8hall be imrn('-:Iia\ld~' du(' an( pay-
.bJ,~ And shaH be aecurtld by the lhm of thia mortaace.
7. That he wi!llH~p the implO\'emt'nUl now ;>xlltinJ: or ht~af~r Nt'Ctt,<1 on thf' mortgO\ii."d propt'rty.
in;;ur~i. u tnar lx, requirM from time to time by the mortaA&"@'e ,AiAinJlt 1088 by fire And otht.r hazards,
CA!ualt!~, knd contlltg\'!1cll~ In tHKh attlount4 and (or lluth lJ't'r1ods u mAY be rt><llJin.'d by mortg"i'-'€,
and will pay promptly, WhtHl dUt'. any prt'miuTIlll on such inaurancc f.or p.ll)'f!\!'nt of which prO'.'l3Ion. hu
Bot ~~n mad., heT\."lnbdon:, All Insurallce I}ha.ll lX' C'Arfli."<.i in oompanies t\pprowd by mortgag.,.' and
thl' policitlJ anll rell.:wlllll Uwrl?of ahall ht, lit, III by nlOrtgliS~ and hliwe attached UH'rdo lo.~" l.ayabl~
c1aU5t'1J in h."'or of "ud in form acccptabll' to tht> morti&g'~, In eH'nt of 10M hI.' will giH' irnmNllatt'
nolin! b)' ~nal1 to m(Jrtgagl~, And rnortgl\ge-.e rnay make pn!<d of 10M If not mAde promptly by morti(agor.
and (-ath In.lUrallCe comp4Ji)' (ol1\'erne<:t Its her"oy authoTlt.f:d If"d dirt~to[...I h-. malo' payrtll'nt for !!lH:h
loo..a dll1.Odi)' to morlgai1.."i} in~lt'ad of to mortgagor and morti~'C1;! jOintly. and tht' inAllranc(' pn)(('('(t!. or
/lilY f>ilrt tiH~r,-"Of. ma:. be applied by mortllta~ at lti, option ..,ther to the rt'<.iudlOn ot lIll' Illdd)\h!rW,~"
here ))' 4<<lIr<<.l or to the r\?"torlltlon or f"palr of the. pr<.p<,rty damo.~1. In i'H'nt of fOfedt~ur(' 1)( th;,
mortgAge or other tranafcr or tttle to the mc~rtl{aged p((}p.t'rty !n extinguishment 0( the IfHld;t(",lne.M
llf'('Ut('(! her~by, all right, title, and :ntP.rt'~t of th~(mg-Aior'lU .nil to an)' IIl!lUflUiCC pO!lclt'!\ thi'lIln forre
.hall pUM to the plJr('hM~r or gyantN.
H.. Th,d the Irlortgag(>e m~y. 6t ilflY lime p,mdltli " lIuit upon thill mc,rlgl\.irt', Rpply to the court hav.
Ing Juriwiction thf'rco! tor Ule appuintnwnt of a f('<:t'i\'('r, and such court "hall forthwIth aplxHnt a
r"-'Ct~iver of the pH'mi~ coverc,d hen.by all ~nd ,lIitlgular., includlnlC all Bnd ,singular the ill('om~, prQfllll,
i"u~, and r-e\.enue.'l {rum whatf)\'er &oun:e dt>r1vt'i'i, ('act'! twd f'vt"r)' ot WhiCh, It l~lnR ('xprt'Mly under,
Ilt(...xt. ill hert'by mortgi<gro fUll( 8l){'<;!fkal!y set forth and d~ribe\i In th,. gnnting and hf\bendum d~u!t.,
her~-.f. and such rocel...~r ahall have all the hr04ld And eft"KUve ftln~tlOnll anrl pow~n in anywiM'
I!nt rtl!itoo by So court t(1 1\ r~d...t'r. And sl..Ich app<Jint mtnt eh1\1! bto made by au("'h ('(,\1ft M !'in Ildmitti'-ti
("Cluit)' and /l. matter of sbl!.olute right to uld mortgage\'. and with.out refnenn> to ihe 'lij<<1ll!l~)' or 1/11\d.
equacy of th(. value (If the prop~rty rnortgagl?(l or to thl'" aol\,(,!lcy or inAOh('ncy of ~aid rnorti{l!lifnr or the
def('ndAnta, Rnd that ftuch r('nta, prollWl, Income, tUU;::8, and H\..~nUeA shall l~ applied by <!uch r.:{'.:;iver
acrordmg to the Ii~n ()f thiA mOititlgc and the pnu;tl(e of !luch court. In thl' eVent of any dehult on tht'
part or the mortKl\gor hr-reunder. the mortsragor &(free4 to pay tl) the nH~rtiag-~ QIl demand u a ft'!A..i\on-
Ahl~ monthly rt'ntal for the pn<mi.l.'& an amount at h:..!t equivillent to (In\',twe!fth (~Il) of the A)Cgr\'gah'
of the twelve monthly IJ\!lUillrnt'nts pa)'l!.bl(' It\ th(' then current year plus Hw actual amount ot the annual
taX(", At.6eMments, wAtt'r riltes, and IllJUrlUlCe prefTllunu tor such )'i.'l1r not co\'ert.'(l by Hil' afor.~ld
,
monUily rAymentA,
9, Thi> mortgilgor r~rth~r (o\'cnantt! that ,5hould this tt:\ortw-r, AW.1 the note IHxuf€..I, hereby not b{!
elii1b1e for in5tlranCi.' Ulioer lot' NatlOna! HOU!llng Ad Within ... DAYS frnm t,',1' dl\t~, hfrt,"Of
(writt~,fj Illat€ment of any officer of Ule Fe-dtra.l Hou.ing Admlni.tratioo Or authorlttd l\)it'nt of the
F('(lcml Housing CommiuloMT dAt.t'd lu~uent to the 10 CAYS tim~ (rom tht' date of th1.5
mortg~(I, J<<hnlog to injure -.aid not~ awl thia morti[Ap, ~.inq d~rntod condu,ive prt}(}r tJi luch in-
l.dijfibihty). lho Illorti~ or lh6 holdff of the note may. at Ita opho!l, d..'due $11 ~Hlma ~;:ur('o(j h.-reLy
immediately due and ~y.a.Hfl.
to. That ((I) in the ~"'ent of llny br~~h of t.hig rnO!tgii.g€ 01" dehult on HH' pRrt or LiH' mortgagor. or
(b) in the e\'ent that any of lAid .uou of mon~y her~ln r~ferred to t~ not vrornptlj' anli futi)' p~id with.
out t.emA-l'ld or notlc<l, or {c) in the event that 'i'lt('h gnd t....et"'j the atipulaWlP!, &gr~'n;~nts. conditloM,
and wvemmt..a of aaid note anti thiA mortg-i"i. ar~ not July, pmmptlr, And fully >X'rfi)rmL~I; then in
either or any aue..~ eY€l!t, .lh~ u1d &.~fr~..t" l\1!f\ m{!nlionfi'1,j in l'-1!i<:J !lote then flH1\ilining unpaid; wi~h
tntr:reft i!.((Tut,d to that tllnt', And jill fn(.!H';~ Moti.if{<,i heffby, sh..!l l;e{'ome ..1u~ an!! 1-~yahle !ortnwltll.
Of' the~ttO!r, .t th~ option of ..aid mortral'~, u fully ~nd ('i}m~l(.tdy M if lill of' th", !..id l~Hn8 i)f money
WI'!1'e ofiKi!'U\~ly atipubit.6j to t"" ~{d on l\ueh day, a~{thi;)i in it$Jd !,')'t.. or in till! f1;fntti<gt" to the f\mtrfll)"
1'1lJtwHil.fJtAtHJlflg; jlHid Ult!f'e\lpOn or th~ficr, at th(> o~~k'n of Ul<% m'1rtiq~" with~tt l';(,ll(i'! Of rlef'i1kfHl,
.-uit at lAW ~r in ~lHity, mAY b€! pt,~ut<<i 1M if.!! mmH';'"! ~tlft'!d hffby hAG m1i~l.l1'1'd prIOr to i~-;llmlti,
tutJoo. The m(rrt~ mAY f.o~k-* thig !Tl~H.t,-sr; %4 u)tho!>. I\l'f<OOYf~ .~ dt!e:.~ du~. and pny.bi~, IUld
the wd p~l~ anal! r~ &oJtd to u.thlf~.. IUl!j pAY thf! M/ne t~~ ..~th ~, (\)t~, arid IilHoWEix~,
In C'.8U of partial fQr~h)I!Hlffl at th.>> mwtP,P. the mor~ phlfn~ wi! be 8(}ld ltUbjKt to t.h~ >>>no
tinulng Hen ot l~ia m,n-'4r~ tOf t.h~ uoount c;.l t~ debt~. ~11 d'lHl .t'~j \Hn.-ht In !tuth t~ t.h~ pr>')..
vl.iotul of thiJ pt.r1l.VAph mAY apL'1.l>t anU.d qf t.hM"'e.n~ff tt'Om,timt to time by t..~.., m(jrll~,
11. ~i the rnoT~r ,wUl rl"'13 imffl. . ~!are n~~ h1 rr.-U to t.... m~ of AUY C1)ny(<ya...~.
tn.n.af~r. or th4n~ of ownennlp of tn" ~tMI.
12. That no wallin of any OOHfHmt b~y'tin or of the obHp-noo i<<ul"t'ci htinbr @a.lI at J,1}'1 ~
th~n"ft-er be twM to 00 a YHti\'tif of th~ wrrna ht)r~""A Qr of w(! tWt8 ~red h:ucl):r.