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I ~ . ~ .`.r~.i ~?.~.Y .i~~r ~ s.a.~ . •L ~~',i.~r~~..`~ . _ I . ` • I' ~ _ t~ ' t~ ~ ~ and in~ur~nae P~'antuw. at tAe caee my? ~wch axcea shall be credlt~d by tbe n ~ paymeat~ to bs made by the nart,~or. , howaver, the monthbr p~ymonb ~ 1 ~ under (b) o~ par~raph 8 preoedin~ sbaII not be snlDcient to p~~yr~round ranta and insuranos~ premiw~ as the case ma,y be. whan the same du~U beoome dw i mortgaQor bsli psy to the aw~rtQa~ee any ~nount neceaesry to mske up the def dste whea p~?meat of snch ~mund rents,~ tu~, aasessmenta, or insuraaoe pre~ - s: say tinae tha aart~a~oac shaU t~eader to the mort~agee in ~a~ord~wce with th~ aecured hareby. iaiip~n~ ent o~ fihe eniaita i~ebt~dnesa represented ther~by, the ~ putia~ the amount of auch~indebtednees~ credit to the sco~e~nt o! the mort,~aQor a ' the provisions of (a) oi p~sr~r~ph 8 hereo! which the mort~agee h~a not becom~ " Federal HousinY Coanaaiasioaer snd sny bAlance remainin in the iunds~accwaula oi (6) of aaid ph 2. Yi there shall be s defautt un~er any oi the proviaia sultina ia a pu li~ of tbe premisee covered hereby; or if the mortgagee scqu wiee after defaulk the nwrt~a~ee ahall apply. at the tune oi the oanmencemenL ~ the time the prope~ty ~s otherw~ae acquired, the balanoe then remsinu'~ in the f~ (b) of para~raph 8 p• aa s credit agadt~t the amount of cipsl then i ~ sutd aote snd shall p~ro p e r r~~ast a n y p s y menta which ~shsU hav e ~ e n m a d e n n d e ~ 4. Thst he will p~y all taxes, aasessmenta, water ratee. and other governmeai ~ ll~. or i.mpo~sitiona. for whicJi provisian haa not been made hereinbefore. snd ia i ~ ~aQee may p~y the sa~me; and tlut he will prnmptt~y deliver the o~cisl rec~ipta the ~ b. That he wiU permit, commit; or suffer no waete, impairment, or deteriorat sny p~?rt thereoi; snd in the event of Lhe failure oi the mortgaQor to keep t6e bui ~u?d lhase to be erected on sAid pre~nisea. or ia~pmvements tTiereon, in good rep~ mske auch repsira as in its discretion it may deem aeoeasary for the proper pr~ ch ~ fuU amount of e~?ch snd every snch psyment ahall be unmediately due and payab ~ by the lien o! this mortgag~e, & That he arill pqy aU and singuLr the oosta, chsrg~es, ~nd ezpenses, incl'ud 1 iees, sad oosta oi abatracta of t~tle, incurred ar paid at any time by the mort,~a~ on the patt of the mortgagor promptly aad fully to pertorm the agreemeuts nnd a ha ~ issory note snd thia mo and'8a~d oo~ts, charasea, and espenses ehsll be iia j ~ble snd ahall be secured by ii~n o! thia mortgage. ; ~ 7. ~t he wiU keeF the improvements now existing or hereaiter erected an 1 ~ insured aa m~,y be requu~ed fraa time to time by the mo t bas by caaualtiea. aad contit~encies in auch a~wunta and for s~'ads as may be : j snd rvill p~ypramptly, when due, at~y prerniuma on such insuraace ior payment ] not been made hereinbetore. All insurance ahaU be carried in oampa~ues appn ~ ~ e.~la~u+~ ' fsvor ofna d~in irm facceptabl~e to theyma ~rtg~ and lsave attach~ notioe by msW tfl mortgagee, snd mortga~ee znay make~ oi l~s it~~ imade ~ snd each insurance company conceraed is hereby authoriaed ~wd directed to ~ loes directly to mortgag~ee instead of to mortga~ar and mortgagee ~omtly~ and th~ at~y~ thsreof, ~eay be applied by mortgegee at its option either.ta the reduct h y secured or to the re~torstian or repair of the praperty damaQed, Ia eve~ mortgag~e or other tranafer oi title to the mortgaged propertq in extinguiahaa~ secured hereby. all ri t, titie, artd intereat of the mortga,g~or in snd to stay iasur~u shall p~s to t6e p or grantee. ~ 8. T6it the~~nortgagee may~ at u~,y time pendin~ s snit upon this mor~s~e~ iog ~urisdiction thereoi ior the appointmeut of a receiver, aad wch oourt sh~ reo~aver of the prn.miaea eovered hereby all and singular, includin~ All and aia~ - iasues. and revenues from whatever aouroe derived, esch snd every ot which, i1 . stood, ie hereby mortgaged as if spe~ciflcally aet iorth and deacribed in the grantit hereof. and such reoeiver shall hsve aU the bro~s d and ef~ective innctions ~ ~ entruated by a court to a receiver. and such appointment shall ~be niade by auc equity and a matter of absolute right to aaid mortg~ee, and withont reference - equacy of the vulne oi the property mortgaged or to the solvencq or insolvency ~ defendsnta~ snd that such rents. profita, incane, iasua. an~ revenues s1~sU be ~ ' aoco~ to the lien of thia mortgage snd the practioe of such courk In the ew psrt of e martgagor hereunder. the mortgsgor agrees to pay to the mortgaga ~ able monthly rental for the premises an aa?ount at leaat equivalent to o~ne-twelfl . oi the t~veive monthlq installmeats jwyable in the then current yea~r plus the acti tases aseessmenta, water rates, and insurance pretniuma for anch year not c mont~ly psyrrients, ~ 9. The mortgagor further covenantg ~ that should this mortga~ ~e na eligeble for insurance under the National Housing Act within (written statement of any o~t~r of the Federal Housing Administration or ~ Federal Housing Commiasioner dated subsequent to the _y~ Nyt { t mortgage, declining to insure said note and this mortgage, beir~~ ~~d conc eligibility), the mortgagee or the holder of the note niay, at ita option, declare immediately due and payable. . . ! , 14. That (a) in the event of sny breach of this mortgage or default on the ~ l (b) in the event that any of aaid sums of money herein referred to be not prnm~ out dema?nd or uotice. or (e) in the event that e~ch and every the stipu4tions and coveAants oi said note and thL mortgege~ are not duly, p~~umptly, and i~ j either or any sucli event. the asid aggregate sum mentioned in said note then iatsreat accrued to that time, snd all moneya secured hereby~ ahail b'ecome duE ( or thereafter, at the option of satid inortgagee, ss faUyat~d compietely a~ ~f a~l c 1 were orginslly atipulated to be p~aid on such daY, ~Y~inB ~t aaid note or in thia ~ notwithatanding; and thereupon or thereafter. at the option of said mortgagee~ ~ ~ auit at law or in equity~ may be prosecuted as if all moneya secured hereby had n tutioa. -The mort8'a8~e'e msY foreclose thia mortga$e. aa to the anaunt so decla c the asid premises sha]l be sold to satiafy and psy the same together v~rith costs, ~ ~ In caee of partial forecloaure of this mortgage~ the mortgaged premisea ahall k ~ tiouing lien of this mortgage for the amount of the debt not then due and unpa ~ viaions of this paragraph may again be availed of thereafter from t2me to time .