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~o~~~~l tti~,t<J(;g) ~!;:~'f:_~~~~=~ :::l~~fi~:I:n~~ou~~~~ lI~!d~fi~~~sn~~~
which notice may be JCiYen by mail. It lit any time toe Mortgagor shall tender to I he Mortgagee in accord-
ance with tbe proviaaona of t.he note BOOUred hereby, full payment'of tbe entire indl'btedlll'ss rl'prespntl'(l
thereby, the Mort.ppe Bhall, in computing tbe amount. of 8uch indebtedneSB, credit. to the areo'unt. of till'
Mortgagor any creai~ balance remaining under tbe provillion8 of (a) of Mid paragraph 2. II there shall be l\
default under ..ny of thel;'rovision8 of thi. mortcar resulting in a public sale of the pr~mi!l('8 cover{.d hm.bj',
or if tbe Mortg&lee acqwree tbepropeny otherwlee aft.er default., t.he Mortg~ee Bhall llpply, at. thl' timl' of
the commencement of Iiuch proceedings or at the time the propt'rty iB ot.hrrwl8e acquired, thl' amount Ihen
remaining to credit. of Mor1<<~r under (a) of paragraph 2 prec.-t'ding as II ctedi~ on the interl'st accrued and
unpaid and the balance to the principal then n,mainlog unpaid on said note. .
4. He will pay all tAnII, ~~ water rat., IDd other IOYemmental Of municipal charges, fines, or
Impoeitiona, for whic.b provi8ioD baa DOt been made beteinbelore, and in default. thereof the Mortpgoo lDJt.y pay the
MlDej and that he will promptly delive! the official receipt. t.bel"~or to t.he Mortgagee.
6. He will permit, commit, or auft'er no w&ate, imp6irmen~1 or deterioration of said prope~y or any ;>art thereof,
exoeptduaonable wear and ~; and in the event of the fallure of tbe Mortgagor to keep the buildinga on,. said
premi.Ie6 and thoee to be erected OD l&id premi8ee, or improvement. thereon, in good repair, the Mortgagee may
mal:.e sueb repairs aa in ita d.i.ecretioD it rosy deem DllOeI8f.J'y for tbe proper preeervation thereof, and t,he full &mount
of each and every web payment aball 00 due and payable thirty (30) da.Y8 after demand, and shall be secured b]
the lien of tbla mortpge.
e. He will pay all and lIlncular the 008ta, ~ and upenaee, including reMOnabIe lawyer'll fees, and C081.8
of abstract. of title, incurred or paid .t uy time by die Mortgagee becautte of the failure on the part of the Mortgagor
promptly and fully to perform the w.greementa and coveua.nta of said promil!l!lOry note and this mortgage, and said
ooeUl, ~, and 8XpeD8M aba11 be immediately due and payable and shall be BeCured by the lien of this mortg8.l6.
7. He will continuoual,y maint&in buard insurance, of aueb type'br typell and amounta as Mortgagee may
from time to time require, on the improvement. now or herea.fte on uid prernl'le8 and except when paymt"nt.
for Nllluch premiums haa theretofore been made under (a) of paragnL,Ph 2 be.l'eoft be will pay promptly when
due any premiums therefor. AU insurance ahall be carried in complUUes approve<1 by Mortgagee and the poli-
oee and renew&ls thereof aball be held by Mortgagee and have attacbed thereto 1088 payable clauses in favor of
and in form acceptable to the Mortgape. In event of loes he will give immediate notice by mail to ~lortgagee,
and Mortgagee may make proof 01 roes if not made promptly by Mortgagor, and each insurance company
concerned is hereby authoriZed and directed to make payment for such loss directly to Mor~agE'e insUlad of
to Mor~agor and Mortf{agee jointly, and the insurance proceeds, or any ,art thereof, may be applied by Mort-
gagee at. ita option either to the reductiob of the indebtedne88 hereby eecured or to the restoration or repair of
the proJ>Ell1.y dam~ed. In event of forecloeure of this Dlortgaget.or other transfer of title to the mortgaged
property in extingUlshment of the indebt.edneae secured hereby, all right, title, and int('Iest of the Mortgagor
in and to any insurance policies then in force &ball p&88 to the purchaser or grantee.
8, He will not execute or file of rN'ord any irultrument which imp~~ a rt'~triction upon tll(' sail' or ()('('II-
pancy of the property described herein on the buiB of race, color, or creed.
9, If the premist's, or any part tht'rl'of, he ('ondf'mnf'd undl'r thE' powl'r of l'Ininl'nl donmin, or acqllin'd
for l\ public USf', Ihl' daIl\l>~~ Ilwllnlt'd, Ihl' procl't'ds for tlJ(' tnkin~ of, or tl\l' considl'ratloll for ~uch acquisi-
tion, to thl' l'xtt'nt of th:> full alt10unt of thl' remuinillJ{ unpaid iJl(ll'bt~dIl<'S..'l sf'curl'd by this mortgagl, IHI'
her~by assign!'ll to t!w ~lorlgl\gl'l', and his IIl.in; or assiglls, Ilnd shaH bl' paid forthwith to snid Mortgllgl'l'
or his as.qigne{' to be Ilpplif'd on accoun t of t he la~t maturing inst811Illl'nt~ of SUl'h indl'htlll'ss; pro\'idl'd, how-
l'\'Pr, thl' ~lortgllgl'f' or his assiglH'l', may at hi~ disl'retiun pay direl't to thl' ~lortgagor, hi~ Il(.irs or IlSSigll~
any part or all of such award; provided, that if the loan i~ guarantet'd or in~uroo, tl\l' COlls('nl of ttw glltHlln-
t{>r or insurer is obtained in Rdvance of said payment,
10. The Mortg&gE'e ":lay, at any time pending a Buit upon this mortg~e, apply. to the co.urt hl\\'inJ! jl\ri~dil'-
tion thereof for the appomtment of a receiver, and 8uch court shall forthWIth appomt a reC{'lver of thl' prt'IIlISI'S
conred hereby all and Bingular, includins aU and singular the income, profits, issuea, and revenul's from wl\llt-
e..'er source derived, each and every of whIChl it. being expreuly understood, ill hereby mortgagl'd lIS if spl'('il;l'ltll~'
8t't forth and dl"SCribro in the granting an<1 habendum clauses hereof. Surh appointml'nt shall hc m'illl' b~'
!!uch court 8.8 an aomittt'd equity and s matter of absolute right to Baid ~lortgageE', ami without rt'fl'rrncl' to
the adequacy or inadequacy of the value of t,f.e propt.ty mortgared or to the solvt'ncy or insolvt'ncy of Snid
MG.tgagor or the drft'ndants. Such rl'nts, profits, !ncome, issuE'S, and revrnuf'S shall ht' applit'd by ~u('h rl'Ct'inf
according to the lien of thi6 mortgage and the pra,ctice of such court. In the event of any ddault on tht' part
of the ~lortgagor'hcreunder, the ~lortgRgOr ~N'S to pay to the ~lortgagl'c on demand lIS a rl'ason8iJIl' monthl~'
rental for the premillE'fl an amount at Il'lISt equivalent to vne-twetfth OJ,) of thr a~rq~ale of thr h\"l'ln monthl.,'
installments payable in the thE'n currt'nt yrar plus tl.e actual amount of the annual tut'S, aSSt'ssments, water
rates, and insurance premiums for 8uch YE'ar not. covered by the aforesaid monthly paymenta.
11. In t~e E'Vt'nt of any breach of this mortgage or dE'fault on the part of the ~lortgagor, or in thr Hent
that any of said sums or money herein fE'ferred to be not. promptly and fully paid according to t}\p Il'nor Ill'feof.
or in the event that E'ach and e..'ery the stipulatione, agreC!menta, conditions, and covenar.''1 of said note and
this mortgagl', are not duly, promptly, anG fully performed or if the Mortgl!ogor be adjudicated hblkrupt (,r
madp. defE'ndant in a bankruptcy or receivership proceedings; th(>~ in either or any such evrnt, thl' said aggrl'-
gat~ sum mE'nlioned in said nore thrn remainmg unpaid, with intert"st accrurd to that time, and all mom'y
secured hrrebY, shall ~l'come due and payable forth....;th, or thereaft~r, at the option of said ~!ortgagt'e. as
fully and completdy 8.8 if all the said sums of money 'were originl\lly stipulated to be paid on such day, any-
thing. in &aid note or in. this mortfliage to the contral'~ notwithsta~ding; ~nd thereuJXln or thereftftN,_ at 1111' opt ion
of said :\lortgagre, Without notice or demand, BUlt at law or m eqUIty, mav bt' pro~("utt'd I\S If all rnont"'~
Sl'curE'd hert'hy h'\d matured prior to its institution. The Mort~agee may foreclose this morlga~l', as to tht'
arr.ount so dE'clared due and payable, and the Baid premi8e8 Bhall be sold to satisfy and pay tht' ~amt' to!!f'1 her
.....ith costs, I.' X pt'n8e8 , and allowances, In cast:' of partial foreclosure of this mort~agl', the morlgRgl'd pfl'll\ises
shall be sold subject to the continuing liE'n of this mor\g~e for the amount of the (\l'bt nut then tllIt' Rnd IInpKid,
In such C.l8e the proviaions of tbis paragraph may sgam be availed of thereafter frurn t;llll' to tillll' by the
Mortgagee.
12. No waiver of any covenant berein 8r of the obligl!ltion secured hereby shllll at a'lY till1\' tlll'fl'l\ftl'r be
held to be a waiver of the tHms hE'roof or of the note secured herE'by.
13, The lieu of t.hia wtrument. &ball remain in full force and effect during any postponenll'nt or l'xtl'nsion
of the time of paymoot of tbe indebtedneee or any part thereof seeuroo hereby.
14. This mortgago is given to secure the purchase money, or a part. thereof, of the lands herein dl's<'ril~d
~d is executed and delivrred cont('mporaneously with the deed therefor.
15. If the Mortgagor default in any of the covenants or agreer.lenta containrd herein, or in saill nott', thl'n
the Mort.ga~E'6 may perform the samE', and all expenditures (including rel\.SOnable atlornt'y's feps) matlf' by Ihl'
~fortgagee m tIO doing shall draw interest stihe rate provided for in the principal indebtt'dnl'ss, anti shall 1)('
repayable thirty (30) days after demand, and, together ....;th interest and coats accrued thereon, ~hlllll>P serurl'o
by this mortgage.
16, Upon the requl'3t of the Mortgagee the MortgbgOr shall execut(' and delivE'r a supplE'mf'ntal note or
noU>8 for the Burn or BUms adv6Ilced by the Mc ,tgagee for the alteration, modernization, improVl'ment, flll\in-
tenanee, or repair of said premises, for taxes or l\88('1lSmentA against. the same and for any other purpost' a\lthor-
ized hereundrr. Said not.e or not~ shall'~be secured hereby on a parity .....ith and lIS fully a9 if tl\(. 81lnnct'
evidencOO thereby were included in the note first. d~rihe~18bov8. Sai4 iupplemental note or notes shall bear
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