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finzs, or impositions, fur ~~~hich pruvision has r,ot been n~dde hereinbefc~rr, and in default th~rc•vf the murt-
gagee may pay~ the same; and that he H•ill proriiptly deliver the ot'hcial recei~ts therefor to the rr.~~r~tgagr~e.
5. That he w'ill germit, cummit, or suffer no H~aste, impairment, or deteriort~tion of said propert>~ ur
any part thereof ; and in the e~~ent of the failure of the martgagor to keep the buildings on saia premises
and thuse to be erected on said premises, or impro~~ements thereon, in good repair, the mortgaKE~e ma~•
make such repairs ~ in its discretion it may deem necessar~~ for the proper preservation thei•euf, anri the
full amount of each and e~~ery such pa~~ment shall be immediately due and payable, and shall be secured
by the lien of this mortgage. .
6. That he H•ili pay all and singular the casts, charges, and expenses, including reasonable la~~•~•er's
fees, and costs of abstracts of title, incurred ar paid at an~• time b}• the mortgagee because of the fail~ire
on the part of the murtgagur promptl~~ and full~~ to perforrn the agreements and co~~rnants of said pr~xn-
i~s~ry note and this mortgage, and said costs, charges, and experises shall be immediately d~e atid t~a~•-
able and shall be secured by the lien of this mortgage.
7. That he w~ill keep the improvements now existing or hereafter erected on the mortgaged p?•opert~•,
insured as may be required from time to time by the mortgagee against loss b~• fire and ot!ier hazarcls,
casualties, and contingencies in such amounts and for such periajs as ma~' be required by mQrtgagee,
and will pay promptly~, r~•hen clue, any ~remiums on such insuranee for pa>~ment of «•hich pro~•ision }ias
not been made hereinbefore. All insurance shall be carried in companies appro~•ed b>~ mortgagee and
the policies and rene~•als thereof sha11 be held by mortgagee and ha~•e attached thereto l~ss pa~•able
claus~s in fa~•or of and in form acceptable to the mortgagee. In erent of loss he ~+'ill gi~•e immediate
notice by mail to mortgagee, and mortgagee ma~~ make proof of loss if not rr.ade promptly by mort~agor,
and each insurance compan~~ concerned is hereby authorized and directed to make pa~•ment fc>r such
loss directly to mortgagee instead of io mortgagor and mortgagee jointl~•, and the insurance proceeds, or
any part thereof, may be applied by mortgagee at its option either to the reduction of the indEbtecfness
hereby sec~~red or to the restoration or repair of the property damaged. In e~•ent of foreclosui•e uf tiiis
mortgage or other transfer of titie to the mortgaged property in extinguishmE~nt of the indebtec~ness
seciired hereby, all right, title, and interest of the mortgagor in and to an~• i?isurance policies then in iorce
shall pass to the purchaser or grantee.
8. That the mortgagee may, at any time pending a suit upon this mortgage, apply to the court ha~~-
ing jurisdiction thereof for the appaintment t~f a recei~•er, and such court shall forth«•ith appoint a
recei~•er of the premises co~•ered hereby all and singular, including all and singular the income, prafits,
issues, and revenues from whate~~er source derived, each and e~•er~~ of ~ti~hich, i~ heing expressl~~ under-
stood, is hereby mortgaged as if specifically set forth and described in t.he grantin~ and habendum claiises
hereof, and such receiver shait have all the broad and effectice functions and po~~•ers in an~~«~ise
entr«sted by a court to a receiver, and such appointment shall be made b~~ such cot~rt as an acimitted
ec{uit~• and a matter of absolute right to said mortgagee, and w•ithout reference to the adequac~~ ui• ina~l-
equacy of the ~~alue of the propert~• mortgaged or to the solrency or insol~~enc~• of said mortgagor or the
defendants, and that such rentc, profits, income, issues, and re~•enues shal! be applied b~• such receirer
according to the lien of this mortgage anc~ the practice of such court. In the e~•ent of at~~- default on the
• part of the mortgagor hereunder, the mortgagor agrees to pay to the mortgagee demancl as a reason-
able monthly rental for the premises an amount at least eyui~~alent to one-t~~•elfth (1;,,) of the aggregate
of the tw~el~•e monthl~• installments pa~•able in the then current year plus the actual amount of the annual
taxes assessrnents, ~~~ater rates, and insura~ce premiurns for such y~ear r:ut corered b~• the aforesaid
mont~ly payments.
9. 'Chat (~i) in th~~ e~~~~nt ~~f an~~ l~r~~arh ut ttlis iiiu~~t~,Y~?~c u~• ~1~~la~~it ~~t~ il~E~ {~~art ~~f the mt~rtg<tgui•, ~~i•
]il tllC r~t~t~t tl:.tt .ti~~~ ~,f' s:i~ci .um. uf mu~~c~~- h~>re~in refei•rf~d tu b~• i~~.~t ~>>•,~ni~~tl}~ ancl fuli~• pai~l ~~~itfi-
i,ut cl~~man~l ur tu~ti~•~~, ur (r) in t{ir• ~~~~c>>t that ~~aci~ ancl c~~~~~r~~ th~~ ~tijnil~tti~nis, a~,Yrt~f~ments, c~inrlitiuirs,
.tn~l ~•m~~~ii~~~~is ut ~~iicl ~~~~tf~ <uul tliis Ttll~l'~K~ig~~, ar:r iu,t clul~-. i,~•~,?n~~tl~~. a~~~l t'uli~~ ~~~~rt~c~rmi>ci: tlien in
~~ith~~r ur a~i}~ :u~h ~~~~•nt. tl~~~ .~~i~l .t~*~,rr~~~at~~ stu~i m~~ntiuiu~~l i~i :<?i~! nut~~ th~~ii r~~maining tn~p~~i~i. ~~~ith
intc~rest atrcru~~~i tu that timt~, ancl all nu~n~~~~, sc~ctu•r~l h~~r~~{7~-, shail lx~c~mu~ ~luE~ an~l jr~~~~~bl~~ furtli~~~ith. '
tl~t~~•e~~itt~~~~, x! tl~t~ u~~ti~~u ui ~ai~l mu~•t~,r~tge~~, as full~~ .lll(~ l'U111~1I~`t~.~i~ as it all ~~f th~• saici ~iim. c~f~ izu~i~~~~•
~~rE~ ~u•k*i»ii!l~- ~ti~>ula±ccl t~, I~~~ ~~aicl nn suc1: cla~~. R»}•thit~~; in sai~? >>~~te cn• in this IllUl'tf.,r~~.;l~ tci the rutitrar~~
nut~~-ithstau~iing: ~i~~~l tli~~~~E~u~u~n ur the~r~>attc~r, <~t ti2e u~rti~~n ~,1's~ii~i nu>>~t~;a~~~c, ~~~ith~~t~t notice tn• rlc~mand,
:uit at la~t~ u~• in ~~r~uit~•. m.:~- I~~• i~t•c~s~~~•ut~~~l as if all m~>nc~}•s sf~c~n•r~~l i~rr~~V~~~ hacl mattn~c~~i pi•ioi• to its insti-
tutiun. Th~~ ii~ui~tg~i~;E~c ma~~ f~~r~~clu;c t}~is n~<i~•tgagE~, <<~ tu the a?I~c~iit~t ~n ~ir~~lar~~<l ~1u~~ at~~i pa~~able, an~l
th~~ ~~iici i>>•E~ini,~~. ,hal! l~t~ s~~lci tu ,~~ti;f~~ aiicl pa~~ t}<<~ ~am~~ to~~~th~~~• «~it1i c~>>t,. ~~xpf•nsE~s, ai~d all~~~~~at;cc~~.
In ctis~~ c~f ~~,irti<il i'~~r~~cl~~•ur~~ f~f' this nic~rt~a~~~. tl~c~ m~,~•t~,•.i~r~! l~r~~miwt~s ~}iail b~~ snlci subj~~ct t~~ tht~ cun-
tlli!IIII~T, ~It'tl t1( j~115 l:lf)1't~,flt'1{E' t111' t~lE' ~lltlOUllt Ilf ~~71' ~~t'~)t Il(It t~14'll (~Ul' ii11~~ i1i1~3i11(~. ~Il SUC~l Cittif' tll(' ~~)1'O-
\'1Si021S (Il t~111 ~YU'ii~Tl'ilj)fl Tli~~}' :t~ilill ~)t` <i1'llli('f~ (!t' f{lt'1'f'Ilt~t']' f~l'11R1 iltllt' t~! t1!llt' t}lf' il1UY~~,Ti1~',l'i'.
10. 'I'tlzt th~~ tt~~~i~i~~t~,r~n~ ~tiiil ~;i~~~ imr~~~~~iiate n~~ticz~ h~~ rnail t~~ th~~ t~~~,t•t~ak~~t~ nf atit~ r~~~i~~t~~~anr~~,
t t~ansfc~•, ur c•har~;c ut u~~~n~~rshi~i ut the ~~r~~miscs.
11. That n~; ~c~ai~~er ~~f :u~~~ c~~~r•nR'l~. hE~re~in uf the r~i~li~~~ti~m ,~ctu~t~i i~E~rc~i~~• :;hall ~~t atlt~ tir.ie
thE~~eafter l~e t~elc! tc; i,e x~~ai~er ~~f th~ ttrn~s ht•rt~s,f ur of the n~~tf~ sec~urecl hereh~•.
12. That if ;he mortga~or default in any of the covenants or agreements contained herein, or in
said n~~te, tf~eti tlle n~ortga~ee may perfui•m t}ie same, ~nd ~ell ex~~endituY•es (inclu~iing ?~easonal~i~ attor-
ne~•'s f~~es) made b~• the mc~rtgii~,*PE' in su doing shall dra~s interest at the rate ~et forth in the note secured
herel~y-, and shall be r~~~<i}•able immediatel}• and s~~;thc~~st ciem.?nd t,~~ the mortgagur to the mortgagee, and,
togc:t}~er with interest and c~~~ts accruing tl.eie~m, sh<ill he sECUred by this mortgage.
13. T3~at the mailit~~,r ~,f <i «ritten nc~tice or ciem.ind .iilcires~ed to the or~~ne1• ~f i•ecarcl of th~ rttortgaged
prer~~i~e~, ur clirected to the ~aid ~~~~~t~er nt ti~e l~ist aii~lre~~ actu~2ll~• furnished to the mortgagee, or direc[ed
to ~~iid o~~~ner at :;aid m~~rtgaged ~~rc~mi~eti, and m~iiic~~l b~- the L'nited State~ mttils, shall be s~Hicient notice
and det7~and in any case ari~ing itnder this in~trun;ent and required i~~~ the pr•o~~isiuns hereof or b~- la~•.
11. The mc~rtg~i~or co~~enants and aKrees t.hat so lung ~ tEiis mo?~tg~age and the ~aid note secured
herel~y~ arE~ in~ui~ed under the prucisiuns ~~i' the Aational IIuu~ing Act, he ~~~ill i~u± e~ecute c~r file fc>r t~ec~~?~cj
an~~ in5trument «~hirh impu;es a re::irictiun u~~an the ~ale or occupanc~• c~f tiie mor±~<~~ed ~~rt~i~ert~• on the
hasis uf r~~ce, c~>?r~t~, ur creed. li~~cm an~• ~•iolliti(~Il Of t}115 undertdkin~, the mortg<igee ~z~ay~, at its c~~rtiun,
decl.ire tt~e un~r?ici 1>aiancc~ ~~f tht~ cielft secured herehy im~~~edi~itel~• due and pa~'able.
?~~K~.~9 2U2 ~'~~~11~ 4?6