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, ~',\ 60 U.L! 3:1~ .' .
~lortgt.~or shall PIlY to thl' ~l11rlgagl'l' allY I\lIlOUllt IH'('('ssary to lIIakl' up tft~~l'h('Il'IIl')'~ Such PI\)"l1l'lI' slltlll
Ill' !Iltllll' ~'ilhin thirty (:\0) day!! a~tl'r written I\o~icl' {Will the ~lort~agl'l~ stating Ihl' IInlOllnt of the dl'fll'il'lH')',
which not IeI' IlItl)' Ill' given by ml\l\. If lit nny ttnH' thl' ~toTtgl\~OT shtlll tl'llIll'r to thl' ~tortgt\~l'" III IIccord-
IInl'I' with the provisioll>! of tl~l' nuk st't:llfl'd hl'Tl'by, full payml',nt of till' entifl' illdl'btl'lln.'ss rl'prt'sl'nlt'd
tht'rl'by, the ~tortl!t\Kl'l' Shllll, III l'omplltlll~ tlH' Iunollnt of sueh IlIdlbtl'dlll'g.,!, cn'lltt to till' IICClHl1It of tht.
~t'lrtgt~or Ilny lTl'dit bIlItUICl' fl'llwining lindeI' thl' provi"iolls of (II) of stlid ptlTlIgmph 2, If thl'n' shllll bt' tl
d,.ft\lIlt ,lIIdl'T tIny o{ till' l?rovisions of this mortgl~l' n'sultill~ ill 1\ Pllblic still' of thl' prt.misl's l'IH"l'fI.d Ilt'fl'by,
or If th.. ~tortgl\gl'l' IICqlllrt'S thl' propl'rty othI'TWI!!l' I\ftl'r ddalllt, thl' Mort~t~l'l' shall IIpply, lit the lillH' of
thl' 1'lllllll\l'Ill'l'nwllt of SU..!I pnw.'p(lillgs or at till' timl' thl' property is othHwiS{' IIc(plin'd, Ihl' l\mOllllt tlwn
rl'llIlllning to {'rt'dit of Mort~lIgor IIl\lh'r (II.) of parlWnph 2 prt'cl'ding liS II crl'dit 011 thl' illterl'st IIcetlll'd "nd
ullpllld IIl1d th.~ balllllce to the principlII tlll'n reml\ining unptlid on sllid notA',
4. He will pay all t&.'~es, aB8t'88ment8, water rate8, and other gove!'Dmental or municipal charges fines or
impositions, {or which provision hl\8 not been made hereinbefore, and in default thereof the Mortgagee m~y pay'tbe
Bame; and that he will promptly deliver the official receipt8 therefor w the Mortgagee.
S. He '....iIl pem.it, commit, or suffe~ no Wl\8oo, impainnen~, or deterioration of Baid property or any part therroi,
eXcl'pt rea.sonable wear and t-rar; and m the event o{ the {allllre of the Mortgagor to kl'ep the buildin~ on Mid
premW'8 and those to be erected on said premi8e8, or improvements thrreon, in gooJ repair, the Mortgagee may
make such rep6inl1\8 in iIB discretion it may deem neressary for the proper pregervation thereof, and the full amount
of ('ach and every such payment 8hall be due and payable thirty (30) days after demand, and shall be secured by
the lien of this mortgage.
6. He will pay.all and singu~ar the C08.t8, chargt'i1, and ex pen8e8 , including reasonable lav.-yer'8 fees, and C08IB
of ab.'~tractil o{ title, lncurn><l or paid at any tIme by the Mortgagee ~ause o{, the failure on thr part of the ~tortgl\gor
promptly and fully to perform the agreements and covenanIB of 88.ld proml880l"Y note and this mortgage, and !laid
('-OBt8, charges, and expeOllC8 shall be immediately due and payable and ~hall be 8Ccured by the lien of this mortgage,
-;. 1 It, will continuously maintain hazard ilUlurance, of such type or types and amount8 as ~tortgagee may
from time to time require, on the improvementil now or hereafter on said premises, and except when payment
for all such premiums h8.8 therewfore heen made under (0.) o{ paragraph 2 hereof, he will pay prompth: when
d,ue allY premiullls therefor. All insurance shall be carried in companies approved by Mortgagee and the poli-
CINj alld renewals thereof shall be held by Mortgagee and bave at.tacbed tberew loBS payable clauses in {avo I' of
and in form acceptable W tbe Mortgagee. In event o{ loBS he will give immediate notice by mail to ~tortgl\gl'e
and ~lort~agee may make proof o{ 1088 if not made promptly by Mortgagor, and each insurance company
concemed is hereby authorized and directed w make payment for such loss directly w Mortgagee instead of
w Mortg~or a~d ~I.ortgagee jointly, a!1d the ilUl,,!rance proceeds, or any part therrof, may be applied by ~lort.-
gagNI at Its optIOn (>lthel" to the reduction of the mdebtednC8S bereby secured or to the restoration or repair of
the property daml41ed. In event o{ foreclosure o{ this mortgage or other transfer o{ title w the mortgaged
property in extingUishment o{ the indebtedness secured hereby, all right, title, and interest of the Mortgagor
10 and to any insurance policies tben in force shall pa.ss w the purcha.eer or grantee,
8, 111' will not l'xecutp or fill' o{ rpconl any instrument which imp08Ps a rt'strictionllpon tht' sale or 0('('11,
pancy o{ Ihe propt'rty dpscribl'd herein on the basis o{ race, color, or cn'l'd,
~I, If lilt' prt'mi"I''', or nll~' pnrt Ihl'rt'of, bl' ('OIl1il'lIllll'd 1I11d:.r the powpr of l'lllilll'nt dOIllt\ill, or n('ljllirt'd
for II 1"11>111' II"". II". dlllllllgt'" nwnrdl'd, till' prol'pl'ds for tht' t:lkill~ of, or thl' cOJlsidt'n\lioll for ,,\I('h 1I('l[\lisi-
llt>!l, III tIll' ,'xt.'nl ..f tilt' filII 1IIIlllllnl of 11ll' r~'lIlllinill~, \lll\ltlitl iild('~)lt'dJl''Ss "l'l'u!"l'd by thi" IIlorlf!:lI~l', III',.
11l'1','!l\ 1I""If,':II,.d III t lit' ~lorlgllgl'l', 1I1ld IllS IIt'IN or lIS"lgIIS, IIl1d "hall Iw pllld forthwllh to sllul ~lortgllgl'I'
"I' hi'; lIssigll"" 10 bt' 'lpplil'd Oil I\('('ount of Ihl' IlIsI IIlllt\lrillg in"lullllll"nl" of !-l\l('h illdl'blll"~: pro\'i(I('(1. how-
.,\',,1', tI\l' ::-'lortgllgt.t' "I' hi" Ilssigll!'I', 1I1tl~' III hi" dis('I't'lioll pu)' dirl'('\ to tll<' ~lorlgl1gor, his IIt.irs or IlSsigll"
1111\ pllrt or 1111 o{ such Ilwllrd; provided, thut if Ihl' 101l1l is gllnrt\lll<.p(1 or insul't'd, the COII"l'nt of thl' guaraJl-
Illr or insurer is obtl\il\l.d in IldVIIIlCI' of ~mid pa~'II1I'Jlt.
Ill. The \Iortgagl'(' may, at any tillH' pendin~ a suit upon this rnorl~agl', apply 10 tlH' ('ourt Illn'illg jllri"dil'-
tion tllPrpo{ {or thp I\ppointment ol a r('('('I\'er, and such rourt shall forthwith IlPpoint a rp('('ivl'r of 11\l' prpIlli"t's
covPred hen.by all and sin~ular, inchl<lin~ all and,singular the income, pro~18, issues, and revenul's {rolll ~dll\t-
('\'l'r source derived, (,I\('h IInd I'Vl'ry of wlll.h, It bl'lng l'xpressly undl'rstoo<\, IS herpby mortgllgl'd a>! If spl'clhcllll~'
sd {l.rlh I\IHI dl'seribl'd in tlH' grantinl; and haben<lulll clause>! herl'of. Such appointllH'nt shall Il{' lIlalll' b~'
such l:ourt 1\8 an atllllittl'(ll'quity an<l a mattN of I\usolute right to !laid ~tortgagt'e, and without rderl'nct' to
the adequaey or ina(It'qul\cy o{ tlH' vtllul' of thp property mortgaged or to ll\(' solvency or insolwncy of said
~tllrtgagor 0'1' Iht' t1('{l'lltlants. Sueh rents. profits, inl:om.... issul's, and revenul'S shall be applil'd by slI('h recl'iVH
aceording to thl' lil'n of this mortgagl' I\IHI the practice o{ such court. In the eVl'nt o{ any de{ault on the parI
of Ihp ~Ior;gl\gor lH'rl'ulltler, the ~Iortgagor agrees to pay to the ~tortgagl'e on demllnd a8 a rellsonable monlhl~'
rental for tho' prl'Illisl'!\ an alllount III It.ast equivalent to one-twelfth (I;,) o{ the aggrl'j.;l\ll' o{ thl' twelvl' monthl,\'
installments payable in thl' then curn'llt year plus the actual amount o~ the annual taxes, 1\s.."eSSIlH'nts, wllter
mtps, and insurance premiums {or such year not covered by the aforesaid monthly payments.
11, In the ennt of anv brearh of this mortgage or default on the part oi the ~Iortgagor, or in the event
that any of said SUIllS of n\l;III'Y l\('rein rp{prn,d to be not promptly and fully paid IIcconling to t}1I' knor herl'of.
or in tl~e en'nt that each and l'very thr stipulations, agrrernent8, con(litions, and covenants of said noll' IInll
this mortgage, are not duly, promptly, ~nd f~lly perforI?rd or i{ t~le ~Iortgagor be alljudicat<,d ban,krupt or
made dden<lan~ in a l.)ank~uptcy or n'celvrrs~lIp proceel~mgs~ th~n m either or an)' such ev.ent, the sal<laggre-
gate sum llll'ntlOned 111 said not{' thl'n remammg unpal<l, With mtNest lv'crued to that time. and all money
secured hereby, shall brcome due and payable forthwith, or therpafter, at the option o{ said ~Iort~agee, as
{ully and comI>lete1y as if all the said sums o{ money 'were originally stipulated to be paid on such day, any-
thilir. in sllid note or in this mortp;age to the contrar~' notwithstr.~din~; l;\nd thereupon or thereafter,. at the option
of said ~lortgagl'e, without notIce or dl'mand, 3111t lit law or III eqlllty, may 1><, prosecuted as If all mOl1('\,S
secured herl'by hl\d matmed prior to its institution, The ~10rtga~ee may (orl'close thi9 mortgl\ge, a5 to dw
al110unt so declared due and payable, and the said premises shall be sold to satisfy and pay the same together
with ('osls, I'xppnsps, t\IHlallow~ncl's, In cl\8e o{ partial foreclosure of this mort!!:l\ge, the morlgllgl't1 prelllises
shall bl' sold sllbj('('t to the continuin~ lien of this mortgl\ge {or the amount of the debt not then dUl' lInd unpnill.
In such ea..<>e the provisions o{ this pllrl\graph mhY aga.m be availed of thereafter from time to timl' by the
Mortgllgel'.
12, No waiHr o{ any covenant herein or of the ubligation secured herrby shall at lIny timp tllPrt'ahrr be
held to be a wl\iHr o{ the terms herl'of or of the notl' secured hrreby,
LL The lien of this instrumf,nt shllll remain in full {oree and effect during IIny postpOlll'llll'l1t or l'xtl'l1sion
of the time o{ payment of the indl'btedness or any part thereof secured hereby,
14, This mortgagl' is g1Hn to spCHrI' the purchll.8C m{mey, or a part tbrreo{, of the lands hrrein dl'scribed
and is executed and drlivei'rd contelllporaneous}y with the deed therefor.
1.1, If the ~lortgagor default in any cf the covl'nants or agrrements eontnined hrrein, or in said note, tbl'n
the Mortga~ee may perform the same, and all expl'nditurl's (induding rel\SOnl\ble lit torney's fees) ma(le by the
~lortgagee m so doing: shall draw iatNest at the rate provilled {or in the principal indebtedness, find shllll be
repayable thirty (30) da)'s after demand, and, together ....-ith interest and costs accrued ther('{)n, shall bl' secured
by this mortgage.
16, Upon the request of the Mortgc.gee the Mortgagor shall execute and deliver a supplement III note or
notes {or the sum or sums advanced by the Mort61\gec {or the alteration, modernization, improYl'mrnt, main-
tenance, or repair of said premises, {or taxes or 8.88CSSn1ents against the same and for any other purpose author-
izpd hereunder, Said note or notl'S shall be secured hrreby on 1\ parity with and 1\8 {ully as if the ad ,'ancr
evidenced thereby were included in the note fil1lt described above, Said supplenu;ntal note or notes shl\lI brar
"'t.- '-,.
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