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finea, or impositions, for which pro~ision has not been made hereinbefore, and in defauit thereof the mort-
gagee msy pny the same; and that he will promptly deliver the official receipts therefor to the mortgagee.
6. That he will permit, eommit~ or suffer no waste, impairment, or deterioration of said propert~• or
any part thereof; and in the event of the failure of the mortgagor to keep the buildings on said premises
and those to be erected on said premises, or improvements thereon~ in good repair, the mortgagee ma~
make auch repairs as in its discretion it rnay deem necessary for the proper preservation thereof, and the
:full amount of each and every such payment shall bs immediately due and payable, and shall be secure3
by the lien of this mortgage.
6. That he will pay all and singular the costs, eharges~ and expenses, including reasonable laH•~ er's
fees~ and custs of abstracts of title, incurred or paid ~t any time by the mortgagee because of the failure
on the part of the mortgagor promptiy and fu11y to perform the agreements and co~•enants of said prom-
issory note and this mortgage, and said costs, charges, and expenses shall be immediately due and pay-
able and shall be secured by the lien of this mortgage.
That he will keep the improvements now existing or hereafter erected an the mortgaged propertr,
insured ss rnay be required from time to time by the martgagee against loss by fire and other hazards,
casualties, and contingencies in such amounts and for such periods as may be required by mortgagee.
and K-ill pay promptly~ when dne, any premiums on such insurance for pay~ment of w•hich pro~•ision has
not b~en made hereinbefore. All insurance shall be carried in companies approved by mortgagee and
the policies and renewals thereof shall be held by mortgagee and have attached thereta lass pa~•able
clauses in favor of and in form acceptable to the mortgagee. In event of loss he K•ill gi~•e immediate
notice by mail to mortgagee, and mortgagee may make proof of loss if not made promptl~• hy martgagor,
and each insurance company concerned is hereby authorized and directed to make payment for such
lass dir~.tly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or
any part thereof, may be applied by mortgagee $t its option either to the reduction of the indebtec~ness
hereby secured or to the restoration or repair of the property damaged. In event of foreclosure of this
mortgage or other transfer of title to the mortgaged property in Pxtinguishment of the indebtedness
secured hereby, ail right, title, and interest of the mortgagor in and to an~~ insurance policies then in f~rce
shall pass to the purchase~x or grantee.
8. That the mortgagee ma~~, at any time nend~r.g a suit upon this mortgage, appl~~ to the court hav-
ing jarisdiction thereof for the appointment of a receiver, and such court shall forthw•ith appoint a
receiver of the premises covered hereby all and singular, including all and singular the income, profits,
issues, and revenues from whatever source derived each and every of K•hich~ it being expressly under-
stood, is hereby mortgaged as if speeifically set forth and described in the granting and habendum clauses
hereof, and such receiver shall have all the broad and effective functions and powers in an~-~•ise
entrusted by a court to a receiver, and such appointment ahall be made by such court as ,an admittec~
equity and a matter of absolute right ta said mortgagee, and without 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 the
defendants, and that such rents, profits, income, issues, and revenues shall be applied by such recei~-er
according to the lien of this mortgage and the practice of such court. In the e~•ent of any defaalt on the
part of the mortga~or hereunder, the mortgagor agrees to pay to the mortgagee cn demand as ~ reason-
able monthly rental for the premises an amount at least equivalent to one-tu•elfth (1;.:) af the aggregate
of the twelve monthly instailments payable in the then current year plus the actual amount of the annuai
taxes assessments, water rates, and insurance premiums for such year not co~•ered by the aforesaid
mont~ly payments.
9. That ) ~tl t}iE' E'\'C'ilt (~t an~- bi•E~ach of this mortgage u~• ~i~fault un the pal•t of the mortgagor, or
! l,) i~i the e~•ent that an~• of said sums of mone~• he?•cin referred to be not promptl~- and full~• paid ~~~ith-
out demand or i?otice, or (c) 111 tllt e~~ent that rach and e~-er~~ the stipulatiol~s, agreements, conditions,
<<nci co~~enants of sxicl note All(t C~11S lllUl'tgilgrt, are ?~ot ciult~, pi•e~mpil~~, ai~c! full~~ ~erformed; then in
eittiE~r or at~~• ~url~ r~~ent, the sai~i aggrrgate sRim mc~ntio~ieci iu saicl ue?te then r~~maining unpaid, ~sith
interest accrued to that time, and all mone~-s se~cured hf~reb~•, shall I~~come clue and pa~•able forth~rith,
oi• the~~exi'tei•, RC tllE U})t1011 t~T saici n~ortgagee, as full~- ancl eomplet~~l~• as if all c~f the said sums of monei•
~~~ert~ ui•~inall~• stipuiated to Ue paid ot~ such dat~, aii~•thiiig iti s~~iil t~ote oi• in this mrn•tgage ta the co~itrai•~~
not«~ithstai~ciing; a~icl thrl•c~upo» or thereafter, at the option ui' said mortgagee, ~~~ithout notice or demand,
suit at la~~- or in equit~•, ma~~ be prosecutecl as if ali mot~z~~s secw•ed hc~reb~- had mature<i prior to its insti-
tution. The mo?•tgagee ma~~ fai•eciuse this moi•tgage, ~is tu ti?e amount so cierlai•ed ci~~e and pa~-able, and
tiu~ said premise~ shall he solcl to satisf}~ and ~a~• the same together ~~•ith costs, e~~enses, and ailo~~•ances.
jll CaSC' of pai•tial fui•eclosure of t1~is moi•tgage, the moi•tgageci pcemises shall be sold subject to the c~n-
tinuing lien ~f this mi~rtga~e foi• the amount of the clebt not thett due anci unpaid. In such case the pro-
~-isions of this pa~•agraph ma~• again be a~~aiteci af tlierc~after from time to time b~• the mortgagee.
10. That t}~e mortgag~~r ~~~ill gi~•e immediate notice b~• mail to the mortga~eE~ of an~• conti~e~•ance,
tr<insfer, or chang~ of v~~~nership of the premises.
11. That nc~ ~~~ai~•er uf any~ co~~enant herein ~n~ of the obli~ation secw•eci hereb~~ shall at an~• time
tl~ereafter be helcl to l~e a~+~ai~•er of the terrns hereof or of the note secured hereby.
12. That if the mortgagor default in any of the cati•enants or agreements contained herein, or in
said no~=~, then the mortgagee may perform the same, and all e~penditures (inciuding reasunable attor-
ne~~'s fees) made by ths mortgagee in so doing shail draw interest at the rate set forth in the note s+ecured
hereby, and shall be repa~•able immediately and u•ithout demand by the mortgagor to the martgagee, and,
together with interest and costs accruing thereon, shall i~e secured by this mortgage.
13. That the mailing of a written notice or demand addressed to tl~e owner of record of the mortgaged
premises, or directed to t}ie said owner at the last address actually furnished to the mortgage~, or directed -
to said oµ•ner at said mortgaged premises, and maile~l t~y the United States mails, sl~all be sufficient n~tice
and demand in any case arising under this insti•ument and required by the pro~-isions hereof ar by law.
14. The mortgagor co~•enants and agrees that st~ long as this martgage and the said note ~ecured
hereby are insured under the provisions of the h'atiottal ~iousing Act, he K~ill not execute or file for record
any instrument w~hich imposes a restriction u~~on the saie or occupancy of ti~e mortgagec~ pro~erty on the
hasis of race, color, or creed. Upon any violati~n af this undertaking, the mortgagee may, at its o~tion,
declare the vnpaic~ balance of the debt secured heret~y immediately due and pa5~able.
aoo~ 124 33~