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fines, or impositions, for w~hich pro~~ision has Yiot been made hereinbefore, and in default th~reof the mc~rt.-
gagee may pay the same; and that he will proniptly deliver the ofTicial receipts therefor to the mr~rtgag~e.
S. That he will permit, commit, or suffer no waste~ impairment, or deterioration of said propert~• or
any part thereof ; and in the erent of the failure of the mortgagar to keep the buildings on said premises
and Lhose to be erected on said premises, or impravements thereon, in good repair, the mortgagee ma~•
make such repairs as in its discretion it may deem necessary for the proper preser~•ation thereof, anil the
full amuunt of each and every such payment shall ~ immediately due and pa~~able, and shall be secui•ed
by the lien of this mortgage.
6. That he wili pay ait and singular the costs, charges, and expenses, including reasonable la~r~•er's
fees, and costs of abstracts of title, incurred or paid at any time by the mortgagee because of the failure
on the part of the mortgagor promptly and fupy to perform the agreements and co~•enants af said pi•om-
issory note and this mortgage, and said costs, charges, and expenses shall be immediately due and pay-
able and shait be secured by the lien of this rnortgage.
7. Th~t he will keep the improvements now existing or hereafter erected on the mortgaged propert~•,
insured as may be rec~uired from time to time by the mortgagee against loss by fire and other hazards,
casualties, and contin~encies in such amounts and for such periods as may be required by~ mortgagee,
and will pay promptiy, when due, any prc>miums on such insurance for ~aym~~nt of ~ti•hich pro~•ision has
not been made hereinbefore. All insurance shall be carried in companies appro~~ed by mortgagee and
the policies and renew•als thereof shall be held by mortgagee and have attached thereto ;oss pa~~able
clauses in favor of and in form acceptable to the mortgagee. In event of loss he w•ill gi~~e immediate
n~tice by~ mail to mortgagee, and mortgagee may make proof of loss if not maae pram~tly by muc•tgagoi•,
and each insurance company concerned is hereby suthorized and directed to make payment foi• such
l~iss ~iirectly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or
~ny part thereof, may be applied by mortgagee at its option either to the reduction of the indebtedness
hereby secured or to the restoration or repair of the property damaged. In et•ent of foreclosure of this
mortgage or other transfer of title to the mortgaged prapert}• in extinguishment of the indebteciness
secured h~reby, all right, title, and interest of the mortgagbr in and to any insurance policies theii in force
~hall pass to the purchaser or grantee.
8. That the mortgagee may, at any time pending a sui~ upon this mortgage, appl~• to the court hav-
ing jurisdiction thereof for the appointment of a receiver, and such court shalt forthw•ith appoint a
receiver of the premises co~•ered hereby all and singular, including all and singular the income, profits,
issues, and revenues from whatever source derived, each and ever~• of w•hich, it Ueing expressly undei•-
stood, is hereby mortgaged as if specifically set forth and described in the granting and habendum ciauses
hereof, and such receiver shall have al! the broad and effective functions and pou~ers in ant•~~•ise
entrusteci by a court to a receive.r, and such appointment shall be made b}• such court as an admittec~
e~u:ty and a matter of absolute right to said rr?ortgagee, and w•ithout reference to the adequac>• or inad-
equacy of the value of the property mortgaged or to the solvency or insol~•ency of said mortgagor or t}~e
defendant~, and that such rents, profits, income~ issues, and revenaes shall be applied by such recei~•er
according to the lien of this mortgage and the practice of such court. In the event of any default on the
par± of the mortgagor hereunder, the mnrtgagor agrees to pay to the mortgagee c~ demand as a reason-
able rnonthly rental for the premises an amount at least equivalent to one-twelfth (I12) af the aggcegate
of the twelve monthly installments pa5•able in the then current year plus the aetual amount of the annual
taxes assessments, water rates, and insurance prerniums for such year not co~•ered by the afaresaid
mont~ly payments.
9. Th~t (cr) in tl~e E~~ent c~f a~i~~ b~•cac}i uf this moi•tgage oi• ~l~•fault u~i ihe pai•t ~;f t}ie mortgagoi•, o~~
( t~) in the e~-~nt th~~t ai~~~ uf said sum; uf mone~- hc~~•cin i~eferrecl to be not promptl~• and full~• paid «~ith-
~~ut demanci oi• iiotice, oi~ t~~) iii the ~~~et~t that eaelt and e~•er~• the sti~ruEations, agz•eeme~~ts, conditiar~s,
i121<i CO~"~'Ii8t1tS Of 5211(~ 110tf' lill(i tf]1S Il]Ol't~,~l~.,TE', S1'E' liOt dui~•, ~>1'.~Il]})~~\', ~il1C~ tll~~l' ~}~1't01'111E(j; t}leIl 111
E~~tht~i• o?• a~~~• ,ue•li t~~~~,~t, the saici ag~i•~~K:itE~ stim mc~~itionecl it~ saici »ot~ th~~z> >~~~iTlhltiillg ui~pt~icl, «~ith
~ i?~tt~rE~st accrued t~~ thrit time, ancl ail ii~c~n~~~•s serure<[ hereby, shall Uecome clue and pa~•able furth«•ith,
~ ui• tfie~•e~aff.~i•, <1C t~le uptioi~ ~~f Sill(I I7101'tf;Sgtt, as full~• ~ziici com~le.~te~l~• as if al! c>f the saic! sums of moi~e~•
f <<~f~rc ur~inall~~ stipulated to l~e paicl on sueh cla~•. an~~thit~g i~i sai~i »~~tc> oi• in this mortgage to the contrai~~~
~ ~iut~~~ithstanding; a~ici thc~i•eu~~uii o?• thE~i•eafter, at ttie oi~tio» of said moi•tga~ee, ~~~iti~oitt. notice or demand,
~ suit at la~~~ or ii~ equit~•, ma~• bE~ prost:eute~l as if aIt mone~•s seeured hereb~~ had matureci prioi• #c~ its insti-
tution. The mo~•tg~gee ma~- fort~close this mortgage, as tc, the ~1I110U21t SO (jCC~$l'E'd ciue anci pa~•able, and
tl~~ said p~•emise~ ~hall b~~ solcl tu satisf~- and pa~~ tiie same togeti~~~i~ ~~~ith costs, e~penses, and alloe~•ances.
In ~•ase of pai•tial fc+i•erlosut•e of this mo?•tgage, the moi•tgageci i~i•en~ises shall be soid subject to the con-
~ tinuin~ liE~?i of tizis n~ot•tgagt~ for the amount of the !Il'kTt llOf tlltll t~Ul' ~tncZ unpaici, In s~ieh ease the pra
e ~~isions oi this pa~•agrap}i ma~• again be a~~ailecl of tiiez•eafte2• fi•om time .o t.ime b~• the mortgagee.
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10. That ti~E~ tnc~rtga~~~r ~rill ~it•e immediate nc~tic•e mail to th~~ mortga~ee ~~f an~• con~~e~•ance,
t~•a~~si'~r, u~• chaa~ge of o~~~nership of the p?•emises.
11. T}iat no «-ait~er of ar~~~ co~•enant hei•ein c~t• uf the ol~]i~ation sE~c~ured herel~~• shail at an~• time
tiiereafter be held to l~e a~~~ai~~er of the terms hereof or of the nute secured hereb~•.
12. That if the mortgagar default in any of the co~~enants or agreements contained herein, or in
said note, tt~en the mortgagee may perform the same, and ali expenditures (including re~sanable attor-
ney's fees) made by the mortgagee in so doing shall ~Iraw intersst at the rate set forth in the note secured
heret~y, and shall be repa~•able imrnediately and with~ut demanci by~ th~ mortgagor t~ the mortgagee, atid,
together with interest and costs accruing thereon, shall i~e secured by this mortgage.
13. That the r~~ailing of a w•ritten notice or demand addressed t.o the owner of record of the mortgaged
j premises, or directed to the said ow•ner at t.he last address actuaily furnished to the mortgagee, or directed
~ to said owner at said mortgaged premises, and mailed by the United States mails, shall be sufficient r~otice
and ctem~nd in any case arising under this instrument and required by the pro~•isions hereof or hy law.
14. The nnortgagor covenants and agrees that so lon~ as this mortgage and the said note secured
hereby are insured under the pro~-isions of the tiational Housing Act, he will not execute or file for record
any instrument which impc,ses a restriction upon the sale or occupancy of tne mortgaged property on the
basis of race, cotor, or creed. UFson any violatian ~f this undertaking, the mortgagee ~nay~, at its option,
declare the unpaid balance of the debt secured herei~y immediately due and payabie.
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