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t\.nd in.l!ur..n~ Ilrt'mium<1, u the fA6e Ol/lY bc!, I!\.lth CJI.('t$l\ o!lalll.J(' tll'<liWd bylhe mortiil1C<:1! on tH.lll.6<"~ue1'}\
?AYfMnt.. to 00 m,W(t hy th~ m(;rt.aavr. It, howtl'l;er, the monthl)' PAymt'ntt made hy the miHtK>>.<<or
..m~r (b) of par...,.a.ph 2 pre<'~.i~ ~A\ll not be ~ler.t W P"'Y ~-round nmt.4, luea and Uolk'Jl.amenLt
arId iiUunnce pn~miu.mll M the ~&.lM may be, when lilt' NIM t.ha.i. ~ d~ ..nd p&)'able, then the
rnort~~or .h.ali pay to th;, mort<<~ an)' an~junt n~(IN.U)' tv lnUe up lh~ Mhdeucy, on or l)('fort' the
dale whl.'n ~mt'lIt or .u~h rrol.Jrld ~~t.t, tax Ell4 , ....~.me-nu.. or lna\Ha.n(~ premlUllU &h&11 be dile. Jf
lit t.n\' time the IDI:;rt.(rq-or lhaJl li!'ndn to Ute mo~ In I>t(ord&.n.:e with th4! provi.iolU of tht' 1l0~
~iXur~! her..h)', full p,&yn~nt of th~ tmt.1rt'! indeMt"{int'U r-eprttM'ntf'd Uit"~y, lh~ mo~"rf!oe "~illl, In com-
puting the amount. of loch in~WnM8, cn"l,tit t.o U,~ a{':(ount t)f UH.' mQrt<<&<<\,,!' all pa, fnl'nta mAde under
the proviai(>fl!\ ot (a) of Jlo&ra<<r a ph, 2 h~Jf which the ~rtc~ has l"iot t-~~.t)me obh,ated to pllY to lhe
F~ta.l Hoasin. C.{~mmlt.lloc~r &lIlt1 any ~an>:~ rt'f1UUfiItiJ in the {uno.. .~c~ul.k>d und~r t.he pro" 11\1001\
of (b) ot u.id paraaraph 2, If lht'lf! shAll t>e A default under U1)' or the provu;lDl\S of lhl& mortKllgt', reo
lultinK In a puLlk ule of the r.ln'n:Ii~ coveroo ht~rffiy, or it the mortg&if'e acquirl!& the prop..:rty otht>r-
wi.., aftu default, the rnor~ shall, apply. ...t the time ot the (()mmt'nC~fnl:'nl of luch i)[(,X.f1....ilflgl Of at
the lime the property 18 (Jtherwl~ acqUln:d, the b.aIAllc-e UU'i\ r1'!nall.Hu, in t.~e fundt:sc("l.lmulllt<<t Ulld;:r
(b) of pAUfTlt.ph 2 prtlCt!01inf &ll a crt'<1ll aa:~lIMt the am"lvnt of prIntlpal th@n N'mllning unpaid under
u.kl no~ a.nd 8h.IJj prol-~rl}' a.dJU4l.t.ny PAymen18 whi::h eJ\5H hAVe tJ.e.e.n made untkr (Q) of uld paragraph.
4. That ht' will pay a.ll laXe-4, ~n\"nli, watu fllt... IlJld olhtT I"OHmm~nul Of municip~l ~h.rKN\.
fln~ or ImpoeitioM. (Of whitt! pro,,'i.it~n hu not ~o rnadt- ht'T~inl;f'f(}f". and in ddilult tiwrt.of tfH'mort-
I-'i'l~ mAY lJAY tJlO ume; ~nd that 1\., will promptly deliver tllt' oftkiB\ ft'CeipUi therefur to the wortjll\i('(',
5. That he will poefrro\t, commi... or .uffef no wa.ate, impolO)rmtrtl. or det~tiotAtlOn of uid pr,-:operty or
any p4lrt thH~of; and in the ~Vf'nt of the (Ai!ure 01 the mort.a&<<Ur to k~p the l:uild\l1ga on uili Pl'l'flll!H1!
and th~ tl) 00 er<<tM on &.AId premlAH, Of' Impr"Ovement.8 th"re,on, :n gc><'d r~palr. the mortg8g't"l.' may
mAll:(' luch ~p4ira u II) iLl di~>r-rlion i~ IT16>' d{<oCnl nec€'&llary tor the prf)~>er preseryatlon then>')!, And the
full amount of eACh and e....ery 1Su-.::.h payme-nt shall bt- I ffinHxlt at(' I)' due tlnd pa.yable, and shall l>i) M,<un'(l
by tht; Hen ot lhiJl mortg&jCt'.
6. That he will PAY a.ll and singulAr th~ coatA, ch.af"i~. And Hllt'l\3ffl, includina n'iUl(lI)lll.,jl! lAw}'('r'lJ
f~ ,.,11.1 CCl6U1 of ~tr..d.B of title, incur,,"i or paid at any tHilt' by the mOI.tl{l\if("" l~'<llU~ of the {fillul'!'
on the ~rt o.f. the !lwrtaaaor prnmptl~' and lully to perform tht' 1II8rf~'nH'nt~ llr.J COVl'nantl! o! (U:wl rr'.-.rn-
iMory hOt.e and Ull.. nlQrt~&&'~, and UJd .costA, dl&l"iM. i..nd UpI."Me.l Bhall oe Irnm(o.lhltely due allt PAY-
Able ami ~l be 8of:r(:\HOO by the hen of thl$ mortlq't'.
7. That he wili k~p the impr(l'iemenll! now f.'x~ting or hf!tf.'.aftn erectf-<:i on the rnof'tg;;gt,<i propNt)',
in.llUi'ed M may be requir~i (r'om timl' to tim~ hy the mortgAitle Against 1M!! by fir.., And o!JH?r hazardu,
cuu&.ltioo, and. continit>nciefi in Ilu~h a.mount.ll Ar.d for Rueh ~riodi\ !VI mllY tx> fI,<)uin,-d by mortlIa~l''',
And will ~~y promptly, when due. any l-)rt~miurn& Oil Il~(h liUlurllnce {or. pAynH'tlt of whi<:h provieion h~
not ~n m.sd('l heH';r.hefo~. All In~ura.n('e shAll he tarried In c\.!mr~l.!lit'A approH,d by mortKait~ end
th\' fK:lkir<< And renewais thN('of aha\l tn, held by rnortilljCN.' and nllve Attached thHt't(l Iou pAYAble
chniMJI In {a',or of and in fonn .c~ptAhh~ to tht' morti~gf1', III t:\,(->ol of !OR-~ he will ~ive immf'<\liate
Dotk., by mall to mortiaZl~, and mortga.~l't: mAY make r'rlot:.f of l~ If not ~n;\dc promptl;' bj' motti\aatlT.
~md UA:h IMurIillC(' ((impan)' concerned I" hneby 8uthOTiud an<l thrf'<'t("l.} to mak(. pAyment for 3uch
10M dire<Uy to mortia~ i!i1lt~'ad (if to nWflilagor and ml)rtK'a~("t' Jointly. and the in8uraflce proCl......dll. or
any part there-lf, mal' lx~ appl1t.a by nVJrti&i,\"t' ..tltA optWll t'lther t(). the reduction (If Uw mdcbtt'tiIl€,M
he..--eby M'.<UTOO or to the ~tor&.tlOn or n'pJllf of the pror~rty dllIHAKcd In ev{'nt of fo(t>cklAur(' of Ull.!l
mortpi{~ or other trander of title t() the mortl\aged prol'*rty in ('xting1lillhmtnt of the III (h,b It.....i n I'M\
~ured heri'by, all right. titlt', and int..<>r~l of the mortwaaur in and to any lnllurancc pohciea thl?n in force
lIhaU pua to tnI' pur-chu.er or gfllnt$@.
8. Th.t th(o mortgA~ may; at any time ~~ndlntr ~ !'iuit upon thi~ mortgagE'. allply to the court hA\"
inj" jurit;d\ct:~)n thert'Of for the appointment of i rl'Ct'i\H, t>nd lH}(!; ~ourt !hall forth....lth appulflt a
r<<eivtr of the prf>willM\ COHf.<;j hl"reby sJllllld &lIlgiJ!ar, indudli1jl all and l!lIlJ{uiar ttw lIlcome, proftt3,
i&hUM. And reVenue! from whatever &Our('~ dl'rive<l. eAch and f.'\r{'ry of which. it l)('iti~ (')\!,rf..,.sly under-
It(Jo(Xi, bl hert:>by morti..~ed &II it ar"",dfkaliy M,t forth and d~nbed in the grantl\)g and hfih('ndum e\.!!UIIC'lI
her~Jf, and Illl(h re<:4>lver shall hA\'-e &1\ the b,o;\d Anti t'fh'ctiH function" and POWHI\ ill anywIse
~ntrWltt..J by l\ court to.. f('('i'IVt'r. And such ftppowtment ,.,hall !w made hj' !luch l'fHlt't !l..'!l an adfl1ltted
1:!<1uity 1lno a m!ltu-T 01 A!)'!K.luk nght to IWld 1Il.ntKAg'.... find Without rd"fence to th.' adeqlJi'lcy or indd.
equAey of Uw value of the prop<.'rty m{lf'lgllR',,1 or to the twlvi'nc)' or lllsol\'l'nry of !l!\id rnortgaJ{or liT the
ddendlult3. and t.hat such rl'llu, pronl&, 1Il(.)me, I&8UNI, and rl~\'(,llu.'g shall be applied by &uch rH.'I\ef
8ceordmfl to th~ lien of thia rn ort gAll. I' fInd the practic'o' of auch court. In the !'Hnl of any default on the
PArt of t.he rnort[(agor hu,'un.ll.'r. th.' mortlfl\i((.r Sl{ n....Jl to pay to th~ mortg1'tgN! 011 dt'mand <<11 a r\>i\.!'l(,n.
able monthl)' rental ror till' pruniH~ an anwunt alleut c-qIJivA.lent to oDI".twelfth <"ll> of the 3~iP'~ah'
of the twelve monthly JnJ;tAlIm;'nts p.ayabll' in th!' thHI currt>nl y~ar plul! th(' actual '.mount of Ow annual
ta.x~, 6.U~mt'lIt1.l, water r&h:1l, and iMtHallce pr~ml<Jm3 (Of lu~h year not COVHI.d by the afor~'Yid
montnly PAymentt.
~J, TIH'rni.lTtga~lJr fllrth~'r C'!\ "fI.lwL'1 that al.t)uld HII/\ mnrlgil<(' &0(1 the lint" f>'''; 1IInl.hl'f(.b)' !lot j"
I'llj,pbh- for Jl)!ll.lt8rHY tHltkr tlit' :-'13tIOTlalllou!'\lnl,{ Ad \\ ittllll ]0 dayt'i lrem Hi/' .lat>.. hl'H",r
(wrlttt'fl l\t~it>:m{'llt of !ill)' ol!k.'r ,,[ tilt' '....,kral 11r,,;;I\ng AdrnlnllltrRtloll or RuUlorl;,,,,1 ag.'nt of trw
FHlt'rul H!JtJltl/lV, C..mllll,,^IO!H', dakll sul~'IIJt:llt to, thl' uforesaid tlf!!., from till' dat., of tiil/\
rrwrlgilj{\'. 1!..c1llillil{ tll lfl3lJfl' ".a!1! liot,. ilnd Uiili Inllltjo!'l\ji." 1>f'lIj~ d''i'lIH,d (onclUliIVl" pro.A of sud; It!,
,'liKlhdlty), the \Jlt!ft~aK''''' Of lht, IwldN' 01 thl' 1ll.l1t' ma,', at IUl t1ptltlH, dt'dlU., all i\IHfl!'\ !M'Cu[('{l ll('tl'hy
lrlHl1.',lHit.'J)' du,' and payaldt',
10. That (II) 11\ ll", l,\,'pt of illl}' btdU,h of thi" Irwrtl<ra~" 01 ddfiUH "ll th, part "f t!it' li\'Jrtgl\~r. ()r
i /.) in tit< ,'\'(,lIt that nil)' ,,( Mid sum;; of moo(')' hUf'H: rdi.rrHI to [)(. "ut prumptly and flllly pAl.! With,
out dnnll11d or Ilct;()', or (,-j In th,. ,'vent that t'Rch 3!1d ('\"I'r: th.' ~t iPi.llatlOlill, aj{IH'nwnt~, Clll)flltl>Jn.~,
!wd CO\'l:llfints of ~1wl Iillt" lliid thl!\ TliOrtl(iljo{", arr not d!Jly. plomptly, RfHI fully p.?rf.nffJf.'.t; then Ii)
{'ltOP!' (If any I\U,l! l'w'nt, tilt' t><i1d AiCgrqzatf' sum nJ;:>lItlOlI,',,1 III .&aId llOt.. ttwll fl'fllaiflmg unpaId, With
Int.:ri..~t Ilc(na,d to thf,t tlOW, lint! ..II m.,nf'Y" M>(llfl'd ht'n'hy, /l1t.1I l>!'{'(;me ..ltw ..nd p.a.yal,!e forth.... :Ill.
or tht'l ,'aft,. r. at HiE' opt 10 Ii of i\a!d rnortg&j{I"('. all fu II)' II nd ((jmpld;olj' <VI I ( all o( till' t.~ld lIUmll .A nUJill')'
\to I.'n' 01 ;fn:all}''1t I ~'I1!at(..j to iw 1>.'\lti on lliH:h day. HilY th wi( III &lIld llt)t.(' or Hl III 13 mOlt R&iC~' to till' COll tnny
lIotwlthlltsndl!'j{; ",nd tlll't\'UPOIl or thf'n'afler. at Hit: option of &aId nwrtgal{\<(', wllho-lt fllilK.' or demand.
!Hllt at law or ill (,,\Ilty. may i./'C pn~n,ut.d B.~ If all rlHHH:)'8 !l('('lJlI't1 h{.rell)' h~d matul'HI Ofl"t' t.o 1U\ lIJ.'it/'
t Iltio:" Tlj(' mOl lRl\s.:"" muyfor\i: I "Sf' th l~ rnort.IlB.W" all to th!' '~!Ji'j\l!lt 1\.1> d. '....;: l;~.t('d d iit' anrl.fJA;iabk, and
tllt' Mid flf(,nll!!i,:,\ IIhnll Ii<" 1I',..ld to !\.ail..fy IW.t P-",y tne AAfIlf' t',1Cl'tfwr WIth (t~11'. I'XI,;'rl.'w~, ant fj)!OY,iH1(,{'il
In nv.... l,f Piutllll fO!t'(:!tl~lIre of thill lIiorti{i\l{\', tlw mortKt\!{,'d plt'fllilK'h !!h!\lIlx llDlf1 fwbJI-<:t to thr- ((!O-
lHi11lf.K i!l'fl of till!! rnort!(itl{.. for Hit, ~~mfillilt of tiH' .\toM not th"ll dill' !lOci IIr\lJAid In 80th ca.'..' UH' pff>'
"'l!lion!\ of HII~ pM l\~uarh Ill!iiY 11~1\iJ; hI' In-lulu; (If thl'rt'sft{'r fnm1 till\<: to t\fl!!' h~' tI,.. rnorigaK''<"
11, That tI.l' IWlIlKi1li:iJr will Ki\.'!' tr.1I11,:dl!\t,.. notle<.' ":0 m..d ti) Ow 1l1('rtlo(";C....:' Ilf Mil)' '~m\'''}IHlf(.,
i fiUll\{ er, Of ChAlii(\' of (,i,\' IU'15h 1 P of th" pn'IllII'A:.s
12 That .no Wdl.......r of An)' ,""'('Oitnt hf're'in or t,f till' nbligntlOll ~t'('\Jr{<(1 hl't\'by """n III any tllT1I'
tht'ri:aft..r I~ IH'!d ",1:0(' a wllin~r ..f thf' tf.'rml\ hq,.(,( or of iil!' flvt., !<.:('Uic,1 iH'Il'l!)"