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: a~d io~a:~na pe~emtmr~s, ~s the ew ma~? ~iauh exi~s ~ha1! be ai~edited by tbe mort~a~ee oa wb~eqwnt !
. pyawnls ~o b~ m~ b~ t6~ a~ort~a~+o:. ~ however. ths moathiy pryment+r m~de by !be martsa~or ;
~d~c (6) ai pr~ra~r~ ~~ns ~11 uot b~ w~tlict~nt tia p~y ~+enta. ta~s aad aa~L
and in~uraa~oa premim~ a~ the ew ma~? be. whea the same a6a~bea~nn~ dw an~d pa~ya~, then the :
mart~o~r sbW py? to tbe mortia~e~ anY amount o~~e~sar7 ~o mate ap the def~ciency. on or beiore the ~
date wh~n p~yment a! akh ~rau~ rents, t~acas. aie~sments. or ituwranos prenuin~u ahail be dqe. If
i?t aay time the mort,~a~ar a1u~1 t~ear ta th+s mart~ee in aa~zd+~t~ce wiW t6e provisioaa at Lhe note '
~ secured hereby, iwillp~y~a~
t of tb~ attin indebtednen rapt~+ented thersby. the a?art;~ee a6a11. ;n com-
, pntia~ the amount ai auc~t indeb~sdna~, c.redit !o the u~oount oi the nartsa~or al!paym ents m~de under
the provis~ao~ns of (s) ad p~r~rap~ 2 hereai vi?4ich tha a~a?rt~a~ee ha~ not l~saorae obli~?ted to pay to the
Federal ~iousin~ Coma~issioner and ~r bnlsn~ce reaaainins in tbe iuade sccumulaLed under the provisiona . i
. of (b) of said ph Ii there ahsll be s defanlt under sn,y o~! tha provisiow oi this mart~s,~e re-
saltit~ in a pn lic ~sle oi the preaniaes oovered hereby, or ii the morty~ee a~oquiara the P~rty ot~~r-
~ wiie Aiter d~{sult, the mort,~~ee thsU aPP~Y. at the time ot th+e t of such ~t~ac~aedin~a or at
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~1. T6at he will pay all tuiea, ~aaesameats, wster rat~es. utd othar ~overamenW or municipal char~es~
8a,as„ or irapoaitioiu,, for which provision has not been made hereinbetore, snd in delault thereaf the mort-
~a~'ee m~Y Pny' the axme; snd thst he will PramPW~' deliver the oBcial receipb therefor to the ~ortgagee.
5. Thtt he will permik cammit, or sufl'er no waste, impairment~ or deterioration of aaid property or
an,y p~?rt thereof ; and in the event oi the isilure af the mo r to keep the buildin~s on saici premiaea ~
and thae to be erected on said premis~, or impr~vanenta~er~w~, in ~ood rap~r~ the mortgagee may
malc~ uuch repsirs as in ita discr8tioa it ma~y deem nec~e~sary ior the proper preservation thereoi~ ~nd the
!ull smot~nt oi ea~ch and every such P4yment shall be immediAtety due ~nd payaWe, ~nd shall be eecetred
by the Uen of thiis mort~e, .
6. ThAt he wiU pay ~?11 and. sia~ulsr the casta, elur~s, ~?nd expenaea, iAClndin re~sanable laN?yer's ;
tees, ~nd cosb of abstra~cts oi ttUe, inc~rred or psid st any time by the mort~~e~e ~use oi the lailure
on the put oi the mortga,~or prnmptly and tully to pert'orm the ~reement~ ~ad eovenante af uid prorn- '
issory note and thi~ mo and asid costs, char~es, ana expenaea shall be immediateiy due and pay-
s
able snd ahs~L~ be eecured by e lien of this mart~e. ~
~ Tri~t he ~viU lreep t6e un~,rnvementa now existit?~ or her~fter erecPsd an tha tnortgt?g~ed P~PertY~ ~
insured aam~y be required irnra time t~r time hy the mo ~ainst los~ by Rre snd other hAZards, '
qsustties~ aad oontit~nciee iA su~h amounta and ior surc~i
p~eriods as may be required by mort~agee,
and will psy ptty, when dne~ s~ny preiniuma on auch inaursace for psyment ai which provision haa
not b~n e hereinbetore. All inaurance ahall be carried in eampa~ies spproved by mort~ee and ~
the policies wd renewsis thereaf sh,all be held by mort~a~ee uid tuve sttgched thereto loss payable ;
elsuses in iavor of and in lorm u~ptable ta the mortga~ee. In event of loas he will Qive immediate ~
. no~ioe by mail to znortga~ee. and mortga~ee may mske prooi of losa ii not msde prnmptly by mortg~g~or~ , '
aad each insur~nc~ oompany concerned is hereby suthorized And directed to mt~ke paynaent for such
_ laas directly to mort~a~ee ina#ead of to mortgagor ~nd mort jointly, snd the insurance proceeda~ or •
. sny ~tt thereof, uuy be spplied by mortgag~e at its option ei er to the reduction of the indebtednes~
her~ebp aecured or to the r+e~toration or repair of the property dama~ed. In event of forectaure of thia ~
mortgx~e or other ~a~sfer oi tit~e to the mortga~ed ~araperty in extinaviahment of the indebtednesaa ~
secured hexeby, all ri~ht, title, and intere~L o! the martQa~gor i~a snd ta aay insursnce policies then in force
ahall paas to the purchaser or grantee. ,
& Thtt the mortgagee muy. at any time pending auit upon this mort6~. ~PPiy to the court hav- ,
inY ~uriadiction thereof for the aRpointment of a receiver, and anch eoart ah~ll forthwith appoint~ s
a~eceiver of the ptemises covered hereby sll and siu~ular, includinQ ~ll and s~nQular the incorne~ profits~
~ issuea~ and r~venues fram whAtever savrce derived~ each and every of which, it beiAg expreasly under-
atood, is hereby martys~ed ~s if apecifically set iorth snd d~scribed in the grsnting and hs~bendum clausea
hersof, snd such receiver shall have aU the bro~d ~nd eRective tunctions at?d powers in anywise
entrwted by ~t court to a~ receiver~ and such ~ppointment shali be mad~ by such eoart as an admitted
equity and s matter oi ~ubs~atute riQlct to a~id mort~agee, and withoui reference to the adequacy or inad-
eqwicy oi the vAlue oi ~hhe property martgaged or to the solvency or inaolveACy of said mortgagar or the
deiend~ts~ snd that auch rents, proftta, incane. iasues. snd revenuea uhall be applied by auch receiver
• uxordin to the lien of thia mortgsge ~d the pr~ctice of such courk Ir~ the event ot any default on the
psrt of ~e mortgsgror hereundert the mortg~ar agreea ta pay to the mortgagee an demand aa a reaaon-
able monthly rentsl ior tbe prem~ses an semount at least equivalent to ane-twelith (314) ~f the aQgregate
of the twelve monthly installmenta payable in th~ then current year plus the actua! amount of the ~nnual
taxes s~seasments~ water rate~a, and insurance premawans for ~uch yen?r not cavered by the aforessid
mont~lY P~Ym~~ '
9. The mortgagor further covenants that should this mortgage and the note secui°ed hereby not be
eiigible for insurance under the Id'ational Hausing Act within $Q p from the date hereof
( written statement of any of~icer of the Federal Ficuain~ Admin~iat~tion ar suthorizeti ag~ent of the
Federal Housing Commia~sioner dated subsequent to the A n time from the date of this
mortgage~ declining to inaure said note and thi~ mortgag~ '~i~~eeme~d conclusive proof of such in-
eligibility) ~ the mortgag~e or the holdei• of the note may, at ita option, declare all aums secured hereby
immediately dus and payable.
~ ~ 10. That (a) in the event of nn~r breach af this martgsge or default on the part ~i the moitgagor, ar ,
( L) in the event that any of said sums of money herein referred to be not prnmptly ~u?d fu11y paid with-
oa~t demand or notice, or (c) in tha event that exch and every the atipulatioaa. a~ments~ con@itions~
~?nd covenantas of said note and thie mortga~e, ar~ not duly~ pi~ampLly~ And fuUy performed; then in
either or any such event, the ssid a regste aum mentioned in said note then i~ema~ning unpaid. with
intereat accrued to that time, nnd ~mopeya secured hereby. shnll b~came due and ps~yable forthwith,
or thereafter, at the aptiau oi sa.id mort~x~ee, as fully and compietely at if all o! the said sutna of money
wcre oi^giaudly stipulsted to be paid on such day, anything in s~id note ar in this mort~?ge to the ca~ntrary
notwithats~ndiag; end thereupon ar thereafter, At the option oi ~aid mortgagee~ without notice or demand~
snit at law or in equity~ may be proeecuted sa if sll moneya secured hereby had mstured prior to its insti=
tution. The mortgagee may fon~elaee thi~ mortg~x~e, a~ Ga the amount ao de~clared due ar~d patyable, and
~ the said premises shall be a~ld to satisfy and pay the same to~ether with costs, expen~es, and sllowances.
; In caae of partial foreclosure of Lhis mortga~e, the mortgaQed premises ahall be eald subject to the con-
tinuing lien of this n?ortgage tar the ~ttnount oi the debt not thea due and unpaid. In such csae the ro-
; viaiona of this purs?graph m~y ~gain be availed of thereafter from time to time by the m~rtgag~ee, p
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