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55 f~M 669
tWMi IQ8.' Ui"AJ~ pr<<niuna. JUl th~ ('t'UW' mAY bo~t( '~._.tJ.h4JJ hi '...,in......i by thl.l mortg~.t'(; 00 Bllo..'""'IUMlt
~ to bo mAodot by the mO~f, 1(. ho...........r. \he n\{itlthl) pA)'m~nu u1Ade by Ul() rr.ortgKgor
~r (b) a! pa.rapap.b Z p.r~i1\&' lth.sll nut t,. su!'!k!anl to PA,.y ,round ffflta., lues It.!ld A>>i'Mlllt'f,tJs
and lMUt"aaIOe pl'WDl~ M t.ne eMIt may be, wbe!l lb. ill4XrM aha.ll ~'QL.,tI d~ ~nG pa)'able, then the
mo~ ah1Jj p&J" to tho! mo~ any amount n~ to mliJl* up the df:lkH'n~y. I. Ii or hd')ft' the
dau when pQment of ~eh lTOUud "'0\.1. tJU~. ~n<<lt.a. M l[\",ura~ prmllUnU &h~lI bt- du~'. !f
at a.ny t.it.ue the IDO~ ~l t..m.der to ~ mort&"..~ in acr.oNance with lh~ ~1f'o...i81OI\S of the I1vte
$<<Ured h.treb1, tuB p&1ll'Wml of the _ti~ In<i~todn.-..a ",p~,Ud thn~by, Uu~ m(,I"tI:aa~ shall, in CUIll-
~ns the a.roount of 1tUC-h indf.b~n... credit. to the- acOOl.lnt of the mor1.liatrOr all PA)menl6 lIla.J{' \llld..r
_ ~~;~..o! ~~~fl~~~ :~~~::~~~~:"?~':~$~~..n~~_~~~!.I!.~~~~ ~~. .J:~~. ~~),'~~~
~;{btot~i:r~;2:-ii th;~~lb;~-(i~t-&~it~'~,~-~; ~T~~-p~~:i;i;';~(Jt'thi~ ~;~,;ti~~~~:-;;
81titiA(( ill" pubh< ~ or the preml..Mlt C(l~"'~ hu-eby! or It th6 mortgllgt"e &i'tlUlrn the pr\.!~~'rty ()thn-
wiM after d4!tault, ~ JnQrta~ sh.&11, apply. at the tlm(' of t.hf' ('.(i((lmen.C>l:nH'nt of lud\ pn)((",,;Jlllall or at
tN time tbe provert)' liS olhl!!Uf}M acqUIr'€cd, the b&lAl\<'-t th~n remalnlur In the ftlll{b, a<<{'.lOlulliltt'<! unrlt'r
(1';) of ~ 2 pN'lCl6dint" Ail a. crNit Agllln.at the amount of ptindv-llhen rt'maining unpaid ~JndH
Mid ~ aDd IhIll pl"'..)perly adjuat &Jl)' pa)'m~nta which .hall have ~l\ made undt'r (a) of &aId I'uaaraph,
4, That he _HI v-Y a.l1 tAx., UMMrn~lI, Willer rM.e6, and othH iOVeTl\OH:nUiI or municipal rhilq[,:.3.
t'm~ OT impo&iUoo&. for whh:h provltlon hu not ~n madt' h~r-einbdort'. and.in (kofault tbert'"<A thl' mort-
~ nay pay tho ,...rne; and tha~ he wili promptly dclivt\r Ule official frceipla th€'re!or to tlll> rrortfi"l{'.....
6. That he wHl pennlt. wrnmit, or &uffrr no wute. Im~1AirTllent. Of deterioration of 1131d p'O~)f'tty or
a.nj part th~rt'l!O!; and illlh~ e.....nt of th~ f.ilure of tht' mortgAgor to ke-t'p th(' buildiHg~ fill MlO pnrnl!"~'.~
a.nd th~ to ~ erecW on &aid prem~. or lmpro\'~ment.e th~r~,(ln, in good npAlr, thf' mortgali(i'<' flUl)
mutt'och ~pAlr'8 &S in i~ diMrt't1on it may deenl n~CUA.&ry for t.."it' prop'" prt~t'rvAtIOI1 \Li'n-o!. AlJ,i the
full aroount 01 ~ach And th'ery SUdl pa)'m~nt &haJJ ~ immt'\lil5tely due iu.d l~Yl!bl~, an'] ~hall bt~ $t,<:Utf'd
by lhlfl Jim Qf thi~ m~rtca&'\\.
6. ThAt he wil! Ira)' ..11 .a.nd.lili1~ular the COIJt_,. chi\rg("ll. and ~l:pen.&t'1l. includlilil: f(,lk'\<maIJ\t' lawYN's
ffJOJl, and iXlIts ot anet.racts of tltlt', !ncurrM or pAid at any time by the mortKA.Sit.~ l)t"C.suse of th(, flillure
00 t.h~ part ot the mo~r prompU~ and fully to poerlOtnl the agtt'i'menla And to\'t'nall~ of IHwl prom-
iuory nQtt' and Utia mor~e. and Uld('08ta. char... and ex.pu~ ahall tx> Imrnt'tllatt'ly due fl:HI pay.
a.b}.e ADd ahAll be MoCured by the lief! of UllA morliC~,
7. 'l'hat he will k~p tht' lmprov(;fl)(mU\ TI<V>\' ('XIAWli' or hl.'l<>.a(tn He<tf'd 011 the ll1ortfCa.gl.'(l property,
i~un'J<.l u MAY 00 n"(ltllHood from time te hme by th~ mortialla' Ai;e.in!lt Ic;.>\S by fire and other hll1lHdl\,
culUltitw, and CQotHl.l'encl{'o1 ill such amount., and tor 8udl ~)('riodJt L!l mAY Iw fi'(j1l1rcd br nwrtl{aj{f".
a.nd will PA}' promptl;'. when due, any J!remlUmll on !I1h:h iluHlram:e tor paymt'ut of ......llIch prO\'I;lIOIl hIL!I
not beorn mad.tJ h.reinbeiore, AIi il~unwce &hall two ('-<<fried 10 romp.\nien approwd Ly mortill"':'" and
the polldee twd rtnewA.~ t.her~1f ~hAIl b@ held by mortg14i~ And have attacili:d therdu \os.~ pRyab!e
elAWk'iJ in fAvor of and in form ~ct'pt~hl~ to th~ mortKaK~. In {'Hot of 10.....'1 he will int' Inlli1rdlat.e
not.!oo by r;uJl to. mott,&g€'(', and mor1i"a~~ may milK':. pr~)f of J..}M if !lot made promptly by rnorlllilgor,
Vld f'4oCh J~Ui'anc.e c(,mpany concerned Ii\ hf'f~Ly llutrlOrlud and dlredM to mak~. payrnfnt for 1H.'('h
10u dif\'Jl'tiy to mortia~ i!l1\tNld of to Illortltag\.,r and mortllilgt'(' jointly, anrl the InSllriliH:t' pTl>(,,,,'d.~. or
J.nY l)Art thereof, may lx~ Applioo by mortia~ At itA optwn either to the tl....luct1011 of Uw lndd.J tt"ine5ll
herehy ~ted (If to lh@ ~toTi\H(;i'i or ft'yalr of the prop<"fty damaged. ill (".pot of !ort"Cl{lIiur.. (If this
nJ{l~ or other tran.AfN'Qf tith: to thE; rnortgag'-'<i IJro~rt)' in extingul~hfllfnt of the lll(h:btf....in~
MCUrM her~y. ~H right. liU~. and mureet of the nlQrti"KoT in And to an,' IfUlUral1Ce p<>ltCl~ then In (Ot'(~
at-...aH pti.M t.o thtl pUfchuer or ,nut<<.
8. n...t the mort.,-l.\t(OO InAY, 'at any ti!i1~ pending fi Buit upon thi~ mortRi&g-€'. appl>-. to the COilrt hav-
ing juriadictlon thtrt'-()f (or the appoint!nent of A l't'-(t'ivn. "lid lluch court Ilha!l forthWith apJK>irH a
?'OCeher ot t.ht' prt'1Tl!!H'3 cCHre<1 he~by &.II and eiiljiuia.r, indudulfi all tl.nJ IHnlfular the Income. profH4,
I..a4Uf'6. .fJld n,..tmUalS (rom whatever JOur~ dl.'rivp.<J, t'Ach and \'V('f)' of which. It l;{!ing <,'t:pH-Mly UiHI,'r-
ltood. ia hneby rno!igag~.! M it lr1t'(:itk~\Iy M':t {!)rt..~ IUld dcs<:ribt.,,<1 in the granlinR i\lId hal..>t:ndum claufi,f>.8
her1"<lf. and iuch receiver lihall hAV@ a.ll thl:' broa (\ and f'fff'(:!IVt' (unrt\onA /Inti 1)<)WHi'! In anYWHH'
entr'UAt~i by a court to a ft'<:4:lver. and 3ur!1 IIppolntmf'nt 8hall ~ mad.. by I\tKb rcurt i\..'4 an adnlltted
equity and A mAtt~r of l\t...~Glut(' T111ht 10 uid mort,a~(~, And without re(rr('nt'f' to tht' adf'<jUlicy (lr lnad.
equaey of the VAlue of tht? pro\Wrty nlortgag('{j or to HI!' lwlvenc)' or inwlvcrlC)' of aAid fIl0rt~ilp:<Jr or Ihf'
ddendAflt&, 'Hld that ~uch rl?'ntA. proflt.8, lnwme. IuUi:S, and re....t'lH;.:'S !l.ht.!i be I1prll(~d by 8u;:h f!.'C':IYl>r
&croNin' t.o lhe lien of th~ mortgage And the pt'adice of such court.. In the event of RI1Y default on the
pArt of the m(lrtg~fJr hHt'\wder, the mort~ggor &&,fl+'ts to PAY to th;: mottKaK'~ on d~'rnRnd li.'l a rl'a_~'m.
ablft monthly rental (or tilt: prernlAeA an amount AT. leut t'quivalrlil tr) Olw,tw('J(th (111) of UH> IIRxn'~"t.('
of H\fl twelve monthl}' ili~l.Allrnent.ll payable in thE then current ye.ar p!UII th(' 1\cluAl 8.Jnount of th~ annual
t.U:~l ~nHU1t.s, water rate;" and in3ur"'fit~ pr{>miuol$ (()f lliJch. >,<'Jtr n(lt cowrn'! by the afort1'Ul.ld
mvutnly PAYDwnts.
9. Th.... mortl{l\gljt furtrh:t CO'>'t'I1iHlltl th,,!. ~h')il!d thl~ Inr'rti}ag\ and tilt, notl' P..t'(:u,..d bndl)' not lx'
C-hl{"lbl.. lor ifl~unHi<.:e unoN the NAtional ij,-,ulllng Act ,...itlnll 30 DAYS frilm th.. dal(' ht,t(-of
(writtt.r. 3tAtE'U1f-nt of &rl}' (.fH('('( of Hw V..th.rai i!(Julling Admll1l!;tri\tiOn or l\uthfltl1"d 5Y.l'nt of IJu'
Fi'tiH'&1 Housing COrnl1l!:<-'~IUn('f dated ~llhM.'flUdlt to thi:' 30 DAYS tllllr. frorn tlH <iak of thl!\
mortgage, ol'ciwinJ{ to insult' Mid not" and thl~ mortRf>H't'. tWlng d,:~'mtd cUI!chl!\iw proof (,: lIurh II:
digib!lily). the fnlJrl.l;tl!!:'-'(' or tht' hoidt'r of tii(' no!.: !lUl), at itA optlOli, (kd~H" ali SUf!i!; lwnnul ht'rd;}
lmmf"odl!<t.l'ly duf' and p.!iYi\bh'.
10. That ((1) In thl' t'H'nt pf an)' br..'ach of th:3 ll1ortgaK" or Ikhult ')li tho 1'-<111 of ti,t' mortj(:-l~lJr, flf
(b) in the c'..ent thAt illl): of S..'lI<1.!illlrul of IflOnty hen>in n(('rrHi to b~' l1f:t promptly aOlt fully paid With
Gut d{'ulAnd or ;,otk.'. or (c) in tlte ('\:ent till!t each and (''<'f>ry thi' n!ipullttl<1ll.'\, I\gn'(-rrl!'i:l.-;. (,{lIld.tif!n~,
A11d Ci)v!'t;nnlii of I,-~i.t nnlE' It!!.! thi~ mOTlg1i~". .>lor.' o:,t dilly, promptly, IHHi (oB!' Iwrlorrrw;\; 11:!'1i In
r'ldH:r or AllY lHlI.'h "'.'ent, !h{' !!.liid ail(f,'gat.. awn rnf'nt!Oi,,~l III !1-'\!d nute thl'n Y\'mhilllhv. unpfHd, Vdtf!
Interest f\{'.cru<<l (.(1 HH~t tan~\. And flli tnofWYS &l'<lJpo.,J hl'rdl)', aha.li i..:-(onw tit:€' and Pi\)'~b!l> CUrth.....ttk
or lhflH:,afwr, $t thO' option of &aId mOI-tgllif\"', 1M (,;Ii)' and compl.,!",I] lL'\ If all of thi' Mid sumll of mOll")
wt'n' OrglllAlIy eUpul..t(~ lr, 1;(> ~04id on Allen d&)'. llliything !ll &./lid note or In thin mort){a)l;'; to til" contra.ry
notwith~l&ndini; and thui'oWflI or thNf'aHer. At tlH~ 'Jpt!on of 8Jlid lliOrtg8~"""'. WIthout notl<:-t..' (ir ddilfind,
twit Ilt lAW or in ~~uity, may f~ pn~~ul('d EL" if all rnOiWj'1l 8(."\lrI'<1 h..r~.hy ill1l1 m;~tll,...d prIor lr, It.~ II11\t:.
tution. Th~ mGttii\gt'<? mAY [O!i,'C.j'm.' tnii't mortiltg-e, al\ to th.. Amount Sf) di'('Il\Tl-,j d!ll:' H'.ci paYAble. Hnd
tht' Mid !,rl'rni$("f! ~h1ili i.l<i' sold tEl ~.fitJr.fr aild p.ly tf,{. ~mp. tog,.t!,,'r with ((l!\t.~. l'XPdlM'J\, and ;\1l"Ydlil(",'
In t'~ of J~rtiaJ (fjr€'<losure or thil' m{.rtgsl{C'. the ffiOttsr&.gl'<l prHflil\{'/\ i',hall tw IF)!d Aubj,,<,t t., PH- con.
liIlHing lie-Ii of tili!! mi:r1.~llgt< for the A/11G\wt (If thl' d...bt not thrl1 dur and i,lilp~l!l In weh ('a.",f' th- pro.
\i;"liOfl1j 'if thi!l f-al'agrRph may l\.ga.iH ~ I\vailo."i oi tn..-rNltt..r from tWH' to limp by tnl' rno;-tj(.,><,...
! 1. T}dit lh~ mort~..gor wili ;;{!...p irnrrlt'dIlH.: n'JlK1' hi' fnMI to till" m(nt~a)ft"" of IOn}' U>!I\t')iH.ct',
leander, or ('h.llI1-a-~ of own!'f~tdp of the prt'miSf'A
. 12: That no ~~.lvH of 1i!1)' CoYt>llAIll herdn or of th~. OhltjCi\tlOll M!'::Uf~J hHd.)' ~h!ll! nt 1\1;:> tn,:
t(\~r"'.Atttl!r be hdd to t-.;> a WAiVrr !,( th.. tt'rma h.,r..~:,f 0'(' of UH~ il.,l.{' l'.t'nITt'1i I,l'f't'l,)