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fin~s, or impositior~s, for K•hich pro~~ision has not been made hereinbefure, and in default th~~reof thE~ murt-
gagee may pay the same; and that he will promptly deli~~er the otHcial receipts therefor to the mui-tgagE~~~.
5. That he wiil permit, commit, or suffer no N~aste, impairment, or deterioration of said prnpert~~ ur
any part thereof ; and in the e~•ent of the failure of the mortgagor tu keep the buildings on said prentises
and those to be erected o~i said premis~s, or impro~~ements thereon, in good repair, th~ mortgaK~•i~ ma~•
make such repairs as in its discretior~ it may deem necessa;y fcr the proper preser~~atian thereaf, ar~d tht
full amount of each and e~•ery such paym~nt shall be immediately~ due and pa~•able, and shall be secui•ed
b5~ the lien of this mortgage,
6. That he H•ill pa~~ all and singular the costs, ch~rges, and expenses, including reasunaUle la~~~~~t~i's
fees, ar?d costs of abstracts of title, incurred or paid at any time b~~ the mortgagee because of ttte failure
on the part of the mortgagor p~•omptly and full~~ to perfarm the agreements anii co~•ena»ts of said prom-
issory nate and this mortgage, and said costs, charges, and expenses shall be immediatel~• due and pa~•-
able and shall be secured by the lien of this mortgage.
7. That he K•ill keep the impro~~ements now• existing or hereafter erected on the mortgaged propert~•,
insured as may be required from time to time bS~ the mortgagee against loss b~• tire and other hazards,
casualties, and contingencies in such amounts and far sueh periods as ma~• be i•ecxuired by moi•tgagee,
and w•ill pay promptly, H~hen due, an~• premiums on such insurance for pa~~ment of ~~•hich pro~•isi~~n has
not been made hereinbefore. Ap insurance shall be carried in companies appro~•ed b~~ mortgag~~e anci
the policies anti rene~+~als thereof shall be held by mortgagee and ha~•e attached thereto loss pa~•at71e
ctauses in fa~•or of and in form acceptable to the mortgagee. In e~•ent of loss he ~+~ill gi~•e immediate
notice by mail to mortgagee, and mortgagee ma~~ make proof of loss if not made promptl~• b~• mortg3gnr,
and each insurance company concerned is hereby authorized and directed t~ make pa~•ment i'or such
loss directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceecjs, or•
any part thereof, may be applied by mortgagee at its option either to the reduction of the inciebie•dness
hereby secured or to the restoratian or repair of the property damaged. In e~~ent of foreclosure of this
mortgage or other transfer of title to the mortgaged property in extinguishment of the inc~f~btedness
secured hereby, a!I right, title, an~~ interest of the mortgagor in and to any insurance policies theti in force
shall pass to the purchaser or grantee.
S. That the mortgage~ may, at an}• tin~e pending a suit u~an this mortgage, appl}~ to the court hat•-
ing jurisdiction thereof for the appointment of a recei~•er, and such court shall forth~~•ith appoint a
rece?ver of the premises co~~ered hereby alI and singular, including ali and singular the income, prflfits,
issues, and re~~enues from whatever source derived, each and e~•er~• of u•hirh, it being expressly undet•-
stoad, is hereby murtgaged as if specifically set forth and described in the granting and hab~ndum clauses
hereof, and such receiver shall have all the broad and effecti~•e functians and po~i•ers in an~~~+•ise
entrusted by a c~rurt to a recei~~er, and such appointment shall be made b~• suth court as an admitted
equity~ and a matter of absolute right to said mortgagee, and K~ithout reference to the adeq~ac}• or inad-
equacy of the ~•alue of the property mortgaged or to the sol~~ency or ins!~l~~enc~~ of said mortgagor or the
defendants, and that such rents, profits~ income, issues, and re~•enues shall be applied b; such recei~•er
according to the lien of this mortgage and the practice of such caurt. In the e~•ent of any default on the
part of the mortgagor hereunder, the mortgagor agrees to pay to the mortgagee o~ demand as a reason-
able rnonthly renta) for the premises an amount at least equi~•alent to ane-t~+•eifth of the aggregaLe
of the t~•elve r,ionthl~~ instailments pa~•able in the then current y~ear ptus the actual an~ount of the annual
taxes assessments, «•ater rates, and insurance premiums fc,r such ~~ear not co~•ered by the aforesaid
mont~iy payments.
9. Ti~<~t (~i) itr th~• ~~~t~t~t ~~f an~~ l~i~t~,trh ut~ tiii~; tn~~t•tt.,r<ilF,l~ r~r~ ~l~~Cat~~lt ~~ii ll~t~ ~>~it•t „f t}ie~ mu2•tgr3~w•,
! l,) i~~ the ~~~~c•»t th.tt ,~n~~ ~~1 ~aicl sums ~~f n~un~~~~ h~~r~~in refrrrr~~i t~~ b~~ tu~t p~•~~m}rt!~• and full~• ~~ai~i ~~•ith-
uiit c1r1712i11(I ~~r uuticc~. ~n~ (r) in tl~c~ e~~rr~t that ~~~ich ai~ci t~~~c~r}• tht~ ~ti{iulati~,i~~, ak~r~•f~m~~nts, c~}nciitiuns,
ar~~i c~_~~~~~tr<?nts uC ::<ti~l nntc~ <~~i<i this n~urtgrt~;c~, a~~t~ nut ~lult•, ~~rum~~tlr, <tn~i 1'~~li~~ ~~~~rC~~rn~t~ci; ther? i?i
t~it}~~~r ur ~u~t~ ,~~ch ~~~~~~~t. tlic~ ~.,i~1 a~,r~rl'(~krut~~ ,~~tt~ rz~~~i~tiui~E~cl i~~ sai~l ~~,,t~~ t}iE~n r~~m<iif~i~~g un~~aid, ~~-ith
i!~tr~~~~ct accrue~~i tu that timt~. ai~~i xll muii~~}~~ ;t~~•u~~~~~i ht~i•eb~-, ~hall f,t~c~~mr ~lut~ an~i pa~~able forthu~ith,
u~~ tlif~rr~it'tr~~~. at thE~ ~,}~ti~ni ui ~~i;~l iuu~~tKa~er~, as f'ull~~ ~u~~l cum~~I~~tt~l~~ ~is it all ~~f tl~~~ sai~1 s:in~s ~~f m~~tie~~
~~~~E~ ur~,Yinall~~ ~ti~iulat~~;l t~~ ~~ai~1 c,~; stirh <ia~~, a»~~thin~* lil SFU~~ il~~It~ cir in thi. ntr~rt~agc~ t~f the r~+nirart•
iiut«~i.hst~ttulitt~: att~! thc~rt~t~>>uti vi~ tlit~t~~~aftcl-. ~3t tht~ ~>pti~»i u! ~airi m„~•tga~,rce. ~~~ithout notic~~ or ~lemanii,
:uit at la~~- uf• i>> ~~r~uit~-. ma~~ l~E~ ~~r~>,~~ctttc~~l <t, if all munE~}~s sr~ctu•t~cl hr~~~~h}~ hacl ?n~iturE~~l prior io its insti-
tutiu~i. Thr mo~•t~;a~,Yt~~• ~ii:i~ foi~~cl~~::t~ this ntt~rtkr~i~;~~. us tu thE <~mut~nt su ~l~~riar~~d ~iuc~ a?r~i p~~•able, an<1
th~~ sai~{ prc~mi~r: ;hali i~t~ ;~~l~i t~~ ,ati.f~~ an~i pa}~ thts samc~ togE~thc~i• «~itti r~~sts, c~~~,~>nsc~s, an~i allo~rancc~s.
!n c:~s~ c~t~ paz•ti~ii t'~,~•e~clusure~ ~,f this murtgag~~, the murtf.,ra~,r~~~i I~r~~mist~s ~hall b~~ s~il~l su}~ject t~~ thc~ co;~-
tiii~iiitK ~it~» uf thi; murt~,ra~,~~~ fu~~ th~~ ail~nu~it uf thc ~i~~bt r,ut thrti ~lu~~ ai~~i tu~pai~l. I~l such case t}if~ pr~~-
~ i;iEms ~~l~ thi, ~~a~•a~ra~~ii m~i~• a~,*ain be a~~ail~~ci ~,f t1~~~i•E~<ifte~~ 2~•c~m ti~11t~ t~r timr b~~ ti:~~ m~~?•t~a~*ce.
10. That ti~~~ nur.•tga~~~r• ~~~iil gi~-~~ immr~liat~ n~~tic~~ i~~• ;n,ii( tu th~~ mn~'t~akec~ E,f an~- con~~E~yance.
t~•<i>>::tei~, c»~ c•ha?i~~~ uf u~~, n~~i•shi~~ ~~f ttic~ ~ii•c~rnisc~s.
11. That n~, ~cai~~t~r ~~f :u~~~ c~~~~c~natit hei•ein ~~r uf the t~i~ii~ati~m s~~c~tn•ed iit r~ht• shttll <it an~- tim~
~ ti~ere<<f[er 1~e ?tc~lci tu I~e ~i~.sit~E~?• uf the terr?~s ht~re,,f ~,r i,f t}it~ nute ;ti~rure~l hereh~~.
12. That if the mortgagor default in an3• of the co~•enants or agreements contained herein, or in
~ said note, ti:en the martg~igee rt~a~• i~ei•f~~rm the same, and all expenciitures (incii~din~ reas~znable attor-
ne~-'~ fee;) made b5' the izlui•tgagee ii~ so doing shall cira~~~ intere~t at the ratQ ~et forth in the note secured
}ieref~~~, and sliatl t>e rep<i~~abie immediatel~~ and «~ithuut clemand the mortgagor to the rtiortgagee, and.
together ~i•ith interest and cosis accruing thel'tUII, sh<sll l~e secured by this mortgage.
23. T}1at the r~~ailin~ of a~ti~ritteri raotice or d~~n~aFld a~dressed to the o~~nei• of record of the mortgaged
~>rE~rni~c~s, r~i° directed tu thc~ said o~~~ner at ttie l~tst~ adilre~~ actu~~ill~• furnished to t't1e ttior•tgagee, or directed
~ to ~aid ~~~~~i~er nt ~~3id rt~~~rt~~l~E(~ ~lI'eIl11~E'~, ~Ti(j l11;1lI1'(j f~~' tLlf? linited States m:ii(s, sh~il be ;~fiicient notice
and dEmailc~ ?n ar~}• case ~i~i~ing urider this instrt~ment anci r•e~~uired b}- the ~~ro~~i~ions nereof er b~~ iaw.
1~. The mort~<:~or co~~en~ints and a~rees tl~at sc~ long as this mortgage ancl the said note secured
herei~~• are in;ured under the ~;r~n~isi~,~,s uf tl~e ti<~±i~nal Ifir,t:,in~ ~ct, he ~ti~ill not c~~ecute or iile i~~r rec~~s•d
an~~ instrun;e~it ~~hich impuse~ ~ restrictie,n u~~on tFie sale or occu~~anc~• of tile m~~rt~aged prupert~• on the
hasis ui race, colnr, ~~r ci•eea. I1p~~n an~- ~•iolati~~n of ±nis undertaking, tlte moi•tgagee ~na~•, at its option,
de~ciare ±~lE? LII1jlFiid i>,~iance uf tiie~ cieht secureci hereht~ imrtiediatelt• due a.n~i pa}~able,
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