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Rnea, or impogi*iona, for which provision has not been made hereinbefore~ ar~d in default thereof the mort-
gagee may psy the asme; and that he will pror.~ptly deliver the officisl receipts therefor to the mortgagee,
5. That he wiil permit, commit, or suP[er no waste. impairment~ or deterioration of aaid property or
any part thereof ; snd in the event of the fsilure of the mortgagor to keep the buildings an said premises
and thoee to be erected on said premisea, or improvements thereon~ in goad repair, the mortgagee may
make such repaira as in its discretion it may deem neces~ary for the proper preservation thereof, and the
fuU amount of each and every such payment shall be irrimediately due and payable, and ahall be secured
by the lien of thia mort~agc.
6. That he wi!1 pay all and singular the cogts~ charges, and expenses, including reasonable laK~yEr's
fees, and costs of abstracts of title, incurred or raid at any time by the mnrtgagee k~ecause of the failure
on the part of the mortgagor promptty and fully to perform the agreements and covenants of said ~rom-
issory note and this mortgage, and said costs~ chsrgea, at?d expensea ahall be immediately due and pay-
able and ahall be secured by the lien of thi9 mortgage.
That he will kcep the improvements now existing or hereafter erected on the mortgaged property~,
= ir~ured sa msy be required from time to time by the mortgagee against loss by fire and other hazards,
caaualtie~, and contingencies in such amounts and for such periods as may be required by mortgagee,
' and will pay promptly, when due, any premiums on such inaurance for payment of w•hich prnvision has
not been made hereinhefore. All insurance ahall be carried in companies approved by mortgagee and
the policiea and renewals thereof shall be held by mortgagee and have attached thereto loss payable
clauses in favor of and in form acceptable to the mortgagee. In event of ~oss he will give immediate
natice by mail to mortgagee~ and rnortgagee may make proof of loss if not made prornptly by mortgagor,
and each inaurai,ce company concerned is hereby authorized and directed to make payment for such
losa directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance praceeds, or
any part thereof, rnay be applied by mortgagee at its option either to the reduction of the indebteciness
hereby aecured or t~ the restoration or repair of the properLy damaged. In event of foreciosure of this
mortgage or other tranafer of title to the mortgaged property in extinguishment of the indebtedness
secured hereby, all right, title, and interest of the mortgagor in gnd to any insurance golicies then in force
shall pass to the purchaser or grantee.
8. That the mortgagee may~ at any time pendi~g a suit upon this mortgage, apply to the court hav-
ing jurisdiction thereof for the appointment of a re+ceiver, and such court shall forthwith appoint a
receiver of the premises covered hereby all and singular, including ail and singular the income, profits,
issues, and revenues from whatever source derived, esch and every of which, it being expressly undei•- _
stood, is hereby mortgaged as if specifieally set forth and described in the granting and habendum clauses
hereof, and such receiver shall have all the broad and ef~ective functions and powers in anywise
entrusted by a court to a receiver, and such appointment shall be made by such court ~.s an admitted
equity and a matter of absolute right to said mortgagee, and without reference to the adequacy or inad-
equacy of the value of the praperty mortgaged or to the solvency or insolvency of said mortgagor or the
; defendants, and that such rent~, profits, income, issues, and revenues ~,iall be applied by such receirer
according to the lien of this mortgage and the practice of sueh court. In the event of any default on the
part of the mortgagor hereunder. the mortgagor agrees to pay to the mortgagee c7 dernand as ~ reason-
able monthly renta! for the premises an amount at least equivalent to one-twelfth (!;Z) of the aggregate
of the twelve monthly installments payable in the then current year plus the actual amount of the annual
_ taxes assessments, water rates, and insurance prem:ums for such year not covered by the aforesaid
mon#.~ly payrnents.
9. 'That (a ) in the e~~e»t of anti• breach of this mortgage or clefauit ~,n tlte part of tt~e mortgagor, or
( 6) in the e~~ent that ~n~• Uf said sums of mone~• herein refer•red to be not p~~omptly~ and full}• paid ~~~ith-
out demand or i~otice, or (c) in the e~•ent that each and e~~ei•~~ the stipulations, agreements, conditians,
and co~~ci~anis af s~ii<I note and this mortgage, are nnt duty, pr~,mptl~•, ai~ci full~• pe~•forme~l; then in
either or an~• surh r~-~~nt, the said aggregate sttm mentioned it~ saict »otc thE~i~ remaining u~~paid, «•ith
itlterest accrued to that time, and all monc~~~s secu~•ed hei•eb~•, shall become due and paS•able foi•th~?•ith,
oi• thei•eaftei•, at the option of saicl mortgagee, as full~• a~id completc~l~• as if all of the said sums of mone~•
~~•ti•e orginall~• stipulated to bc~ ~~aid on sueh da~~, aii~~thing in saici note or in this moi•tgage to the contz•ai~~•
noh~•ithstandii~g; and thereupoi~ or thereafter, at 4he option of'said mortgagee, ~~-itho~tt notice or demand,
suit at la~~~ or in equit~•, ma}• be prosecutecl as if all mo~ic~~s secw•~.~d hereby had niatured prror to its insti-
tution. The mortg~gee ma~• foreclose this mortgage, as to tlie amount so declared due and payable, and
t}ll' said premises S~lR~I ~E' sold to s~tisf~~ and pat~ thc• same together «~ith costs, expenses, and allo~~~ances.
l~i case af partial fo~•eclosui•e of this cnoi•tgage, the rnoi~tgagecl nt~emises shall be soid subject to the con-
tinuing lien of this mortgage fo~• th~.~ amount of the ~lebt ilOt t}lE:ll CIlIE' ancl unpaid. In such case the pro-
~•isions of this p~~•agrapti ma~• again be a~•ailed of ti~c~reafter from time t~~ time b~• the mortgagee.
10. That the mortgagr~i• ~~~ill gi~•e immediate i~otice b~• mail tc~ t}ie mor~ga~ee of an~• com~ey'ance,
trails;er, oi• change uf o~~~nership of the pi•emises.
11. That no w•ai~•e?• of <tn~~ co~~enant herein oi• of the obligation securecl hereb~• shall at any time
thei•eafter ue hetd to be a wai~•er of the terms hei~eof or of the note secui•ed herebv.
12. That if the mortgagor default in any of the covenants or agreements contained herein, or in
saic~ r~ote, then the mortgagee may perforrri the same, and all expenditures (including reasonable attor-
ney~'s fee~) made by the mortgagee in so doing shall draw interest at the rate s~t forth in the note secured
herebv, and shall be repayable immediately and without demand by the mortgagor to the mortgagee, and, •
together with interest and costs accruing thereon, shall be secured by this mortgage.
13. 'I'hat the mailing of a written notice or dernand addressed to the owner of record of the mortgaged
; premises, or directed to the said owner at th~e last address actually furnished to the mortgagee, or directed
to said owner at said mortgaged premises, and mailed by the Unit~d States mails, shall be sufficient notice
t and demand in any c~se arising under this instrument and re.quired by the provisions hereof or by law.
14. The mortgagor covenants and agrees that so long as this mortgage and the said note secured
hereby are insured under the provisions of the National ~iousing Act, he will not execute or file for record
any instrument which imposes a restriction upon the sale or occupancy of tne mortgaged property on the
basis of race, color, or creed. Upon any violation of this undertaking, tY~e mortgagee may, at its option,
declare the unpaid balance of the debt secured hereby immediately due and payable.
- BOOK ~L~.~.~