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~' (t.) I3l ~pb 2 p.r\k'.>lill'iina ab.Ali not r)r;t lOfIki~cl t.o pay $y.....uo~ rent.., lUeA u.d aH.,.rnt'nt."
aDd ~ preniwna., .. tbtl r:..... may be, wht'n the aam~ ah..i1 beocome dlH' !lud p-&ywlt\ th~1i the
~ ~ pI..'l to tr..e nl(jlrti~ any i.rnolJnl nK.~ry lu m,alr.e up U~p. dt'fidtHlC)', <10 or boefort' tht!
dMe wha1 ~l of aoeh ~u.&t~ r'eOl&. 1"6'\, ~;f1'lt.a. or lu.-unr.nce pren\lufIlJl llhail be du{'. it
~ ., w. ~ ~~ aha.tl ~ to ttm m<>~ in ~enu.n<"ft with the ~\ruvi!i(>n4 of the no~
~ Mnby. nul ~t of t.t?<< _u~ I~btoo(}~ ~p~nt"",-l then~by. Ule mort.i~ willi, in e<.'in-
~ UM ~Dt of 1UCl"'t ind~~"', cr~ill t() tiw ...-:-ooUllt (If the- mort.aavr ..1I1J.A]ItI~i\l4 m..dc undtr
ta. ~ of \4.) r4 ~..,..ph 2 Iwr. . ~f whl(h th~ m('(~.,.~ hu not 1)l!>('<l1ne t)bl1-i~t~d ,to p.'\)' to thll
F~ ao.tq CocrtfA-~ and any bal-.n("e rt"O'.&lI\IrIJ m t.h<e f...wda &o:nunlllat~l under tile \;YV\lbJUIUJ
01 tb'l of ~ parICrape t. It t.M-f~ tlh.t.1l bi3 l!o dt'fal!it undN M"j uf the pro;itiofu (,f thill mOl t~Ail*, r.,.-
~u)ti. '" . pub!k .- of th~ prt.ni... cnye..xl hl'~IL or if Ult':' rnortg~ a.cquin'4 the pro~O('l'ty otht',.
'lIllM t.tt.-r dtttault, ta~ morta'~ ah~1 apply, At. tl\~ tirol,H.lf the colnnwn(t:m~nt of lluch Pf(>("h">(}llIg" or at
~ liaM ~ pro~Y ia tJt.ht'rw~ acqu!~, t~t' 1~IAllce U:N"1 r1'O\./li~lili~ in ,Ow f~l/ld~"(t:ulllul1'4th\ under
(b) uf ~rfl 2 SJ~lfi&M a trt"'_Ht It.4Illlrut the &/OOUi\l of pnncl~l dl\.'n n:H1iUlllllg Ullpl\ltl ullrl,~r
Mid llIOt1I aad .h.all p~rly "djUMt an)' p;aymcmt.e which .httJi have ~'n fIll\-1e Ul\~r (a) of IAH1 pAl a.raptl,
., 't'Ut be w!Jl pay Illl i;.JI..,(!8. ltAl,OONltHmt.i. W8t>l"f raU>i&, and other gQ1,'Hnmental or n1Uf\ltlpai (hRrg~'i!,
~., or impotlIHo~, fc<r which provii-itli'! hu not b(,:~fl m~de ht>rl:'inh..efur.', and III rldllult thN('(lf thi! mort-
I&C" mll;' ~ the: a.ame;and thAt he Wlli promptly 4cli"'t'r tht' oftki~l r~:eip{li t.herefor to H:" n:ortgaKn'
5.. Th...,d h~ wiil permit, ct.Cl)n;it, or 8:.lfrer no w'"t+:', impairrnHlt, or d~t~riorAtlOn o! L'aid prop~rty or
any part thereof; and in the ,.,.-,~nt of the hlhlt~ Qf the fl\OT~tt&.\r"r tn k~p thi! bUlldillgA 011 Wltl l1,,'rnl.~~
And L~oee to be eN.'Clat 1)1;\ "Hi prt'.rnl~. or Impr<.JH!lH'nt& (h~'rf.{m, iii gvod rt"plur, th{' mortlilg~'i' rn~)'
make ludl ~~"Irs &A in it.! dl!~aelion It may dt~..~"lT\ n'?c~for the prop"f prt-j\fTVatloli thert'Of. and the
('uU r:.moont of !'~h ani! $Vtt"). aUl.:h p.a.}"i\lt'llt 6hAIJ lx~ imJn~llal,.eJy due fwd paYl\b\t~. and llhall I... ~;:"Cur('(i
by th~ 1It'n of lh!~ rM~.
6. 'that h.e ,.,iIl pol>y All....d tHlg'"ul.a.f lh~ (oatil. char({'$, and t'xr>f:np,.'~, in(hhilllg re&sonablr 111wy,'r's
1~ an<! et1iltA of ..l;dtra..'1.I of tlt!t>. inelJ~ (if l'4\ld at any til/H' hy the n}o)rtiCalr:"~' i.M.~A(13C of tllf' f?~I!Uf('
?fl the part of the !ilOr~or pn:m~pUy llna Cully h, ~....rtorr". th.. ~gr',(,lfI.'nt~ awl cO\'i:'n;lnL'I of Mid prlf!ll-
iMlOrY oote and Uu.t ~e. &nd u.id ~t"'. Ch~fllt"4. An{l e,~pcl\h'.'ll "hl\ll be lrnrn,'~IIl\tdy dti.! slid p-'l.~"
..t4..and !hall b<e l~ljnKi 0)' the lien of thlli [ti.)rtj:agc_
, "(, That b~ willlllMp the imprI)Y~m.n~ Jl')W eJii8ting or h('(~aft{'-t <<:rt.<t{'t,1 Of' the rnortNttfF.d prl)~}{'rt)',
In4Und .. may b<e NlqUIMl'i1 from tllll~ to time. by the mort6Sag~>{~ agallillt lo;ss by fin' llnd othH hazard""
cMUAlti<!!3. ind contina-enci<'8 in IHKh :unOlln~ &rlfi for such pNi(l<;h IlJI mny I~ rl~luird b}' mOltglli~-
and ...iU pay rr(lff;pt!.Y, whfn dUI:. ~nl premiuOlA ilrl ~llch iilaur.sl1C(' for pa)'lj,{'nt of \\ luch pr,wll\io[l h&A
n~ ~ mJU.eC hereinbd(Ht', All ini\\lfali(:~ llhall i."i.' ('.lUlled 111 C(lrnpalni'~ appro\'nl by mnrt~ijg,." i\nd
the poti.--i~ &nd rcnewi.\la thereof lIhl\ll be ht'ld by mortl{a~ and ha\f' attach.:(j tIH'!l'V, I,:.~ pay:.hle
el.~ in bv!)!" of And in f0rm a{.'('~pt3hlE' tl) the mortgftg('~. In (,\'Nlt of 10M h.. \" III R"1\'l.' Immr.,!lstl'
notke by mail to mortKll.i{.... ~nd mort!{li.~' rnll.)' makt> proof of bu if not mart.: pr"fllpHy by mort~a~nr.
and "eACh H~UrAnCf! company C'HlfNlll?i\ I~ hert'by 8i.lll:OflZtX\ and (hr.-~-tl..l to mil}.", pll)'nif'ot (,>I' !':\l,h
kGA di~t1y to mortl'{l\jfl"{J ir::!itud of to Illorti{fql,or and mOftgA~€'(> j'llfitiy, and thi' lflllllu,nce pn\('I>.~I!;. or
&n)' part tht>,!<"<I)f, mi\}" be Appllt'd by l!1ort~ag~... at It~ option t>,thH to th... reductIO!, of thl,' \i1\!t'ht,'drw5'1
h~reb}' ~urN! or to tni' r"Jll,-,ratit)11 {lr repaIr of thl.' pr(Jr~fty darnllg('-(! in l'\t'nt...f (nr('c1o~u!.' of tin;;
InrH'1~ 01' other lnuUI(er or llll~ tJJ the lIlortgl\Kt<O propt"rty in i.'\llfl){Ui-,hr"l lit of the lndd)t\'dnl'~~
:>{"CuN.dhu-tlJ~'. all r1S\ht.. title. and ir:i"fl"'1ll of the mortKll.Kur in a!ld to an)' ilHlurarh:t' r,,-)!lcies ttwn III f'lrti'
aha.!! p4W.8 to the pun::nli.-'i-ef or gTant(~.
8" ThAt the rnorti~et) may, at 3-nr time pendlUi ~ 'Ult I.lP(;1l thlJ\ flh.'rt~.\!~.:. apply to the Cv\jlt flll\'-
iog }urWlicHon t.hi'i'~Jf for th~~ Appoinunt'nt of 3 rf,,'~i\'..r. and such COlnt l\hllll fortbwlth lipp<'lnt R.
H"({!IVer of th~ preml~~ covered ht;r~>by sli lUll! alllgulnr. lHdudin~ all unci ~ini{ular tilt: In('Gi1H', proflt.'!.,
tuu<'4, If_no r~"'",fiUell frt:m wn3te\'er AOUf-ce d...'riv('J, e..a.-h nnd ('verr of Whl('h, It lA'll!" exprt"",ly undt'f.
sh,>'J<:t ii h{,N'by niortil'lKf<t1 u if flpeoncally lI~t forth and o~rir;('d in the iCTMitlfl~ and habNI(hm C~ilU~(,,,
h('rrof, and '!Jeh rK~!VN !.}u~jl hl\ve ..11 th@ bwad And dfedlvl' fUlldw!U ilnd \"IWrrg III anywl"l'
t>ntrU$~i by & court to & r-.x,"ivi.'f. ..fld such IlPl)(;~ntOlent I!hliil bt> mad... b~' such court ll.1l an .dnlltl{'{l
equity and i\ tnAtter of ab&olut~ ntrht to SAid mo11gag'''(', And Without rda,'lic.' to thl' lHh"'1uacy or lllad-
e<1!U<:'Y of UW value of the proper ty n,;,rtlO3!,!,'-d or to tht' solwt\(y or i!\!>oht'!1cy of Mid rnort;;ri\l.:'"r or till'
ci~f...ndtlnu. and Utili ~llch t('nt.5, pro!1tA. lncom~.. i~ue~. alld re\'N1U~ shall i){' applil,<i br Ilurh reCt'I\"('Y
w.eon:Hn.r w the 111m of this fl}-Qrtgl\ge /inti Hw'pnictlt" uf I\uch cou,:t. In the I'\ent of nllY ddl!.ult on tiH'
part of thtl mo~tgAguf t'Neunder, the lnortg8~oi agr;.;,.& to pay to till' nlOrt~ttl({'t' 'm dt'!lHIlHi &A a r<>a~OTl'
1U)!e monthly tent4J (c.r the PI('flllM'A All amount at leAst (-{luiYllJ,.nt to OIw,twt'l(:h (111) of th.. ElggH1{l\V
of the twci't'c monthly lii.!ft,;lInwnt.'\ payabk in lnt' th"r1 ClIHt'llt Y"iH plu5 the adual amnullt of thc' llnnUfll
th..J.~, iM'";>Mment,,,. wlit~'r fat,"1i, Iind l!1AIHf.I:Ke pr(>rnium& for ;,urh year !HJt Co\'Hn! by tht a((HI~ld
rnofiUlly p$.ynH"nl..t.
, ,9, The .rnNtgi\-i\UY further co""nant4 t.hatthiJUld tht~ mor.li..&!{t .a~lJ th,' note 5t~UI('.t h'~dl)' r;l.)t b€
~liglbh-J for In.~tilano.>, under thf' Natloiin\ HOWlIng Act .."thit1 BU blA\iS fr"tn thy. ont-:- ne.n",,)f
("ritt~n IUltf'nwnt o( li.ny oftk,'r of tilt' Fedt'?'iil HOI.l!img Adm.ini~.tra\lOn t)r .!\.uth"rlled Slt(".l\t. of thf;
}i'ootul Houtif;ir C'..ommi,..;oner d~tt'oi 8\.lI~et}tH'nt to the 30 DAYS time irom nil: daft> of thiA
mo;1~l", dediniofl to it1.~\nt' uid not.f: and thi.s m0r111i\ge. lOt'inK do:t'01rd conrhl!!l'."!;,' pro{,! of Iluch in,
t-Hf.1biHty). Ute morti.,g~ Qr Uw holdN ')( the note mi\Y. lit ita optiop., rh>clilf" ali ilurna ~4'1:tJted hneby
immool.t~ly due fln-d pAya-bIt:, ,
10. That (e) in It:<2 (<v~'nt (d tuly btf!'uh of thi.s mmtR'ag... or dehult on the pi<n (jf tlw lnortU!lS(or, or
{b} ii~ th~ e..'\mt l.h~t .ny of .a1d iHmu of awn.)}' ht.rein ret{'(P:-<.1 to to{' not Wnmplly and (ully pAid witll-
(llJt. dema~d or nvlkt:, vr' h<) ill Uj{' ~'Yf!'nt tn.;r.t e.en an~1 eV(:f}' the 3t!pul&twn1', ii.~r~m-::i1t!!. C0fllllllOns.
l\nl1 c-:ri>tuant.!l of,u\d I'}{~ no''' thia ffit:,rtg>>ge, are Hut dul)'"pN.m'ptly, and fully pnf,;rnwd; then .I~
e!t.h~:r or ~ny fU(f1 ty<:'~t th$ ll&ld aigr~~at.: LLun mentl()!i('(l :;j SAId note tL.:n rNnamllll( unva:d, .,\lni
ln~d ~ru~ to tt.i<t timf', and &\1 fr'lOl'H!)'4 u-.:ur{<f! h"ff.by, Ilhilll lx-('(rHH' du(' and payabi.., forthwith.
Off ~~fti'(, t<t the c'Pt.hm of s!ud m()!..tg~;~. u fully A1U! compl.-td)' lOI if illl of the i\fiHl lUIl1-\ of money
'1f!';,0 odjfinii!lly Jl!t~!,)u!;ill~l to h(' r>3ld on "'lid\ day. un)' thi nO{ in uid nnt(. (;f III trm mor-t{(~l{c Ii) tha (On! ran
Mtwith...~n..Lqt; ~ta-d ~",UJ){H'l (.,If t.hft~.\tftt'r. at lh~ opti(m pC u,id mortgfi.g<"t'. wiliv-,utrwtH':~ or di'niand,
"'Ji~ ~t liiw. or in ~luih, n~ l~ Pf04,~(';jt.~ M if ~H mon"ys M:o:urni hf:ft'b:i i,9A !1utlJn~d prior to ita iruti-
tuil<'>fl; 'ft;~ tn~~ I'fI.ll)' f.orockl\\'.:<3 t.his :;H.ift,g,~t', ~ to th" un. Q~mt ,JO dKiuf.'(j rlll~ l\nd f;;r.Y~f;le. And
\hi! a~ud pt'('ml~ !;,..ll,be ~.)!d tD 3AtUO(Y M\d pa.y t.'H~ u.!fi'; tl':..{<::t.'wr "'lli1 O').i,-", exp{.n.fot>~. \in, allowAnceI.
In f:.&i!'J of v.artlai f.;lN<~\jt~ of thi.. m".tg&!j;\'. t.h0 mortj{i\&,t:-d pf('milH"1l e.hbil be ~)Id Ilubjt<...:t V1 the con.
Utl\\lnif Ut;i1 A th~ i'r~rtrll&,>' for lli(! ".,'iY.Atilt of U-,@ dr:..ot not th~n du~ 3fH.!. unpaId, In such ("~ the} pr~...
v-ukorU! of thia par~ph may ~~itl ~ 8v"i~ (If therl.'aftu !rofn tim~ to tlwi:' hy the mortg'J-Ke@.
1 L 'fhllt, th(';,wJ{t~~'0r will trini htWH:,,:iiltt(. notit~ by mall to n~f; t;)<;:"tgage€ of flOY C;i)nHy,.nc~<
ttn.ll$!t't. or Cr;.f).n~ ot 0W!~hl,hip o( tb~ vr~,~,
,. 12. 'rhu llO w..iY&~ c;f any wvtn~nt nftrdti or r;f thf. obHga\ioo 1\-t>{ 'iN":; herd;, ~,kH at aU)' Uml)
~i.-att#.-r ~ heM t.o bfi It wl5.\;--"or of the t~tml heroot Of of t.h6 now ~n;.i hnt,bj,
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