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~ the de8aena~. 3nchp~rment ~h~ll bs m~de witbin tbicti~ (~0~ d4ys dtee wri~tea notios irona tbs Moetg~?g~s - i
s
t a
t~ i
n
g the amouat oi ths de6cien
o
y, whicA notice ~d~?,j bs~g~~en b~ m~il. Ii aq~ daue the Mort$agor -
ehall teader to ~hs Mortgsgee in acco
r
danos wi t
6 t
hs pro
v i a~
ons o
f t
hs no ti
e s e a
u
r
e
d h
e r
a
b~~ t
u
l
l p~ a a e
a 0 ;
' ot ~hs entirs iadebtednees rs
p
r
e a
e
nt~ed thereby~ the Mortgages as trwtes ehall~ in oomputing ths amount ot :
such iudebtedaeea credit to ths sooount o
i t
he Mort~sgor w c
r
e d
i r b
a
l a noe ruadning u n
d e
r t,
h
s p
r
o o
i
a
o n
s :
oi (a) oi ~a?idpsragraph Z. It thers shall be ~ dei~ult under ~a~r ai tbs provisions oi t~his ,rt~age resultanS ~
in s public aae of ths premises oovered hereby~ or it the Mort~es aoqwre~ tbe properti~~~ ot~-erwi~s atter .
detsult~ the Mortgages ~e trustss shsll aPP~1~ a~ the tams of t~he oommencement of such grooeedin~s or ~t ~
the time t,hs property ie other~riee acquired~ the ~anount t6en ranaining to crediti ot Mos.tga~ur under (s oi - i
h ~
para~raph ~ precedin8 !~s e? credi~ oa ths intereat socured sad uapaid aad t~he bdunoe to the principal en
remunmg unpad oa sutd not~e. ~
4. Hs will pq? alt la~aer. ~seeee~eaa, wai~ee :s~. aad ot6ee~o~e:ame~tal a muai~P~ ,
imPodtions. tae wbicL pro~aion h~s aot beea made bereinbefors. and tn deiwl~ thereot tLs Mat~,~~es my? pU? ths ~
~ams; ~nd ihe?t l~s wlll p~oa?pfbr deltrer tbe c@'?cial =eodpta t~harefor to the Matgagea .
He will pe~n~it, oommi~, asuQec no was~0. ianpairmea ae dete~?tba vt e~ paropetl~r Qe thereot i.
aocoe~pR re~soa?b1s weat and t~r• and ia tbs a~rent ot ths t~ ct tbs M tio keep tl~s b~ o~ sai~ ~
premi~a and tho~e ~o bs e:ect~ec~ on edd pe~emiees, oe ieupe~o~ts t6e~e~n,~~ood repair fba Mort6~ea aniU? _
' ms]~ce ~uoh repaire a in ia disoretion iti myr deean neoa~aq fa tbs~~roper preeerv~tion t6eeeo~ and ths full amouat
~ oE a?oh and e+rer~r ewoh p~yaaeat d~all bs dus sad pe~rabie thir~j? (~o) dqr at~er demoand, an~ ~all bs ~eaur~d by ,
i Ws l~en ot thi~ moet~e.
~ d. He will pyr a1t ~nd da~ular tbs eosb. gee, a~nd eo~Pea~es~ iadudin~ re~oosbls h~7~r"~ fee~~ a_ad oos~s ,
~ at abet~wb ot ~ittie, in~ourred a p~id aaqr t3me
~r~tbs Ma~t~ee beouwe ot tbs i:ileue on tbep~r~ oE ;6e M ~
e,
6 . pe~oanp?~q and to pertcann ths ~reements and aa~reaaatu at ~aid pe~oaa~ieeory not~e and tl~s nid
` p~, o~e~e~, ~eacpenees ebaD be iaaaoedist~e~ dus ~ad p~ysbZs snd ~hall bs eec~ued b~r tbe liea~mo~t~~e. ~ ~
~ 7. Hs w~l ooa~t~ian~n~ mdnfa~n basard i~suranos, ad mch t~1Pe or t~pe~ and aaaun~s as Mortgag~es mw s-
~e+omai ~s to tims rsquu+s, on tbe imp~o~e~enb aow o~ be~eatt~r on said pt~m~e~ and exoep~ r?ben pqment -
- to~ a11 snch praminaa haa tbsretofors been msds ander (a of p~ragra~L ~ hareot hs will pq prump wLen
dne p~minms theretor. All insunaoe ahall bs ~~it
ntach~ed
th~e~e+s~to~b~s~ Mar~g~agea and ~e polt•
des ~ reaaw~L therecf ~hall bs Leld b~ Mortgag~es p4ysb cLusas ia ~a~or a~
and in torm aooeptable t~o the Mo ;sg~ee~. In eveat ot ~oes he will gtve immediate notios b~ mail t~o Mortgag~es, . -
a~ M ma~ m~]oe,proof~~E Ioee ii not mads p~omp b~ Mortgs~or~ aad e~rcb insuranos~m~~
oanoeraed ~e suthos~ed aad dit+scted to maloe pa~msn~for snoh 1o~s du~f.~j t+o M ~
- to Mortgagor ~ad ortgagee 'oin , and the insuraaoe procee~L, oar aq~ parrt tLareoi my bs
a~ by I?tortr
a` ib option either to ~~action of the indebtednees I~erebT ~ea~red or tio ~e re~torat~on or rspair ot
'~P~'oP~'~ a~~ In e~ent of ioreclosnrs oi tbis ae otLar tnasier oi title to tLs anortgsged
p~ in estingwshmsnt oi the indebtedaees eeonred ~ sight~ title, and inf~+esti ot tba Mortga~or.
in'Dan~d~'o imuraaas po~aea ti~n ia fo~+os .b.u pae. to the purcL..ar ae gi'saf~ee.
8. He will aot esecute or Sle oi reoord aq~r instrnment which impaes a restric~ioa upon the ~ate or oocu- .
panay of the proPec~Y described hereia on the basis oi raoe, uola~, a~ creed. -
; 9. If the~~remises, or sny psrt thereof, be oondeanned under. the power oi eminenL domsin, or aoquired
~ for s ublic use~ tLe d es sWSrded, the tor the tsking of, o~ tLe oon~dentioa for snch acquis~
taon, tpo the eYtent oi th~ull amount of the
re~ng wnpaid iadebt~edneec secured by thia mort~age~, sre
au
h e
r
e
b
y a s
e
i
g n
e d w t
h
a Mor t
~ g
u g
e e, and his Leira or a
s
s
i
g n s, and shall be patid forthaith to ai?id M-
- or his ee W be sppli~ed oa aoooun6 oi ~be las6 mstnring installments
oi such indebtaes~ • pravided, ow-
ever, th~or~ee or his aesigneet may at his disixetion psy direct t~o tbe Mortgag~or~ ~is ~eirs or Msigas .
u~y part or sll o such sward; prnvided, thst if the loan is gwrsateal vc iasnred, t~he oonsent oi the guaraa-
toi or inaurer is obt~sined in ad~sace of eaid yment.
' 10. The Mortgagce a?sy, st any time ~ea ing a sait opoa tbes mo apply to tbs eourt lu?~iag iurisclic~- ~ ~ ~
ti~a thereoi for the sppointa?ent of s ra~e~ver, and such ooart sball forl~"a~pointi a reo~iver oi t~ premises
cove.red Lenby aII and singulu. inclndin$ all u?d singv~lar ths iaoome, pr~8ts, ~seues, and re~euuea from what-
ave~ source den~ed, each aad evex~ of w~uch~ it bein e~cpressly andexstood is bereby mortgaged a ii speci8cally
~ ~t io~ ~a a~~a ~~e,6rsntinB an ha um clausa Ler~of. ~nch appoiatmmt sh~ll be made by
" such oou}rL u an a~dmitted~eqwty and a matter of ab~olute right tp said Mortgegee. aad witLout raferencs to _
the adequacy mo oe to the sol~ or iasolv of said
or iaad~quacy of the value ai the property , rtg+~ged e~c7
v
Mo t~ag~or or the deiwdant~. Such rent,s~ proSte, iaoome~ ~seua, aad reve~ues shall ba applied b~ sueh raceiver
- ac~co~ '~+d~ng W the lien of this mortgage and the practice oi wch oourt. In ths evea0 oi ~qy detsult oa the part -
oi the Mortgagor lunnader~ the Mortgagor a~rees to pa~ to the M on demaud as a reasaaable monthl~
rez?tal for the premises aa amount~ati leasz equivaleat to onaL~relith of tl~e aggngate oi tbe LMrelve awnthly -
installmeats payable in the then current year plus t~e ect.usl amounti of tbe annual taxes, aese~so4ents, water -
nt~es, and insuraaoe premiums ior auch yeu not oovered by the doraaid month~y paymeats.
Ii. Ia tbe e~rent of aa~ breach of this mortgage or defaalt on tbs part of tbs Mortgag~or, os in`ths eve~`
tLsc an~ oi said sums oi mone~y henia nierred to be promptl~ and full~ paid ~ooordiag to tha tenor hereoi '
ai
or in tbe e~eaL that each ~nd eoecy tbe etip
ulat~ons, agreemen , oondit~s, and ou~e~aab oi ~aid note an~ -
t,6is mo~age , are not duly~ PmmPvY, aad fnUy pecformed or~ the Mortga~or be adjudicated b~ pt or
made defendaat in a banlQUptcy or ra~i~ershi~ Prooeed~agiR th~ m ect}~ee or an~ such ev~t, the aggn-
gate sum m~tioned in eaid note th~?rema~u~g unpaid, rnth int~eses~ acarued to tbat tiaae, aad all money
eecutcd hereby s6all become due sad psyable forthwitb, or tberedt~er~ at t,he optioa ot ssid I?iaetgsgee, as
inlly and comp~etely as it all tLe said sums-of awae~ rrere originelll atipu1ated to be psid on such day~ an~ -
' in ssid nots or m this mort~age to t~he oontsar~ notwithstandiag; and iherenpon or thee~af
t~
.at the option
of
~sud Mort~a~ee~~ Mrithout not~oe or deanand, snit st lsw or in equit~. may be prasecuted as ~f all moneva
~eciu~ed herebj~ad mstnred prior to its institntiaa. The ~M may fireclo~e tbis mortgage. ss to tf?a
emount so decl:red due and paysbk, aad the said premi~a shall~
wld to astasfy aad py tbe saine togrther
- with costs e,~penses, ~nd allowagoes. ~ In case of parti~l foredosura oi tLis~~ ~ t~he mort~~ misea
shall be ao~d subject Lo tha oontiauina lien oi tLis mortgag~e for tLe amAUnt ot tbe debt not tbea ~ue
t
me
~b ~the
In such ca+~s tLe p~o~ions of t6i~ p~?r~g,cspl? ma~ aga~a be ~~ailed oi t~eafter irom tams y .
: Mortgagee. ~ ~
; iZ. No wai~ear ot a~n~ o~~eaant Lerein oe ot the obliga~on ae~r~ hereb~ ~11 ~ti an~ t~ae there~ttee bs -:1
hsld to be s~rai~ of the tezma Lareoi ac ai tbe note ~eeured Lerebj: . _
13. The liea ot thu inst~meat ~haIl re~ain in inll foroe aad e8ec~ durins an~ patponeme~t or estension ~ s
ot tbe time oi psymeat oi ths iadebtedaees or an~ par~ theraoi seeured hereb~.
e cri
i4. T6is ,rt,gage is ~i~n to seeurs t~re purebass mone , oe s par~ t6ereoi, oi ths lands benin de~cribed ~
~d is eseeuted~wd ddivered ooatemporaneonsl~ witb tLe ~ tL~+efar.
, t b. If tbe Mast`aaor deiwtt in an~ of the ooreoaaats os age+emaenb aont~ined hee+e~n, o: ia said nots, t6e~
. tba Mortgag~ee ms~ pertorm tbs wse. and all e~cpemdit~s_ ~'~ndudint rwonaWa attorRa~'~ fees) anade by the
M~ag~es m w dom' ~shall de~w it?tes+at at tbs rats pro~nded ior in tbre principal iadebtedaess. and shell he ;
repa - 7e thistT (30) di~s ~kr denoaad? aad. to~atb~ w?ith intecat and eosts ~ocrued tbe~reon~ shall bs ~eaured p~
, ~ '
` le. vpo~ tbe reqnest ot tbs ~Le Moetg.~or .~.u ameeuts .nd ddt.er ..~ppko~tat note oe
~ notes toe tLe wm oe wms ad~aaoed•~~~Mortsag~es ive tbs alte:at;oo, imp:+ovement, msi~ ~ s r
~ t~
e n a
n
o s. o
c r
e
p
a
i
r o
i wid p c~
e
m
i~ e s, ior t,a~ces oc araoareata aasinst t~bs a~ma snd foe aqy otba~ puepo~e autbor• ~.o
ised I~Saada. Said nots ~ notas ~ball bs s e c
u
r
e d l
~ e
r
s
bi on ~ p~n i~~~r wi t
h a
n
d ~s f
u
l l~ d i t t h
e s
d~
a r?
o s ~
~ e~ide~oed thereb
y wars incinded ia the noLs Scst dao~ibed abo~a. Said supplemeatal note or aotes sLall bear
~