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finea, or impositions, for which provision haq not been made hereint~efore, and in default thereof the mort-
gagre may pay the same; and that he will promptly deliver the official receipts therefor to the mortgagee.
b. That he will permit, commit~ or suffer no waste. impairment, ar deterioration of said propert>~ or
any part therewf;a~?d ~in the event of the failure of the mortgagor to keep the buildings on said premises
and those to b~~ erec'ted on said premises, or improvements thereon~ in good repair, the mortgagee may
make such 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 be immediately due and payable, and shall be secured
by the lien of this mortgage.
6. That he will pay all and singular the costs, charges, and expenses, including reasonable la~~•yer's
fees, and costa of abstracts of title~ incurred or paid at any time by the mortgagee because of the failure
on the psrt of the mortgagor promptly and fully to perform the agreernents 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.
7, That he will keep the improvements now existing o~~ hereafter erected on the mortgaged property,
insured as msy be required from time to time by the mortgagee against loss by fire and other hazsrds,
c~a.sualties, and contingencies in as~ch amounts and for such periods as may be required by murtgagee,
and will pay promptly, when due, any premiums on such insurance for pay~ment of ~~•hich pro~•ision has
not been made hereinbefore. All insurance shall be carried in companies spproved by rnortgagee and
tne policies and renewals thereof shall be held by rnortgagee and ha~ e attached thereto loss pa~•able
clausea in favor of and in form acceptable to the mortgagee. In event of loss he ~~ill gi~•e immediate
notice i~y mail to mortgagee, and mortgagee may make proof of loss if not made prorn~tly by mortgagor,
and each insurance company concerned is hereby suthorized and directed to make payment for such
loss dix~ectly to mortgagee instead of to mortgagot and rnortgagee jointly, and the insurance proceeds, or
any ~rt thereof, may be applied by mortgagee at its option either to the reduction of the indebteciness
hereby secured or to the restoration ar repair af the property damaged. In e~•ent of foreclosure of this
mortgage or other transfer of title to the mortgaged property in extinguishmPnt of fhe indebtedness
secured hereby. all right, title, and interest of the mortgagor in and to any insurance policies then in force
shall pass to the purchaser or grantee.
8. That the mortgagee may, at any time pending a suit upnn this mortgage, apply to the court hav-
ing jurisdiction thereof for the appointment of a receiver, and such court shall forthH•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 which, it being expressly undei•-
stood, is hereby mortgaged as if specifically set forth and described in the granting and habendum clauses
hereof, and such receiver shall have atl the broad and effective functions and powers in an~•w•ise
entrusted by a court to a receiver, and such appointment shall be made by sach court as 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 property mortgaged or to the solvency or insolver.cy of said mortgagor or the
defendants, and that such rents, profits, income~ issues, and revenues sha11 be applied by such recei~•er
according ta the lien of this mortgage and the practice of such court. in the event of any default an the
part of the mortgagor hereunder, the mortgagor agrees to pay to the mortgagee c~? demand as a reason-
able monthly rental for the premises an amount at least equivalent to one-tw~elfth ( i;.~ ) of the aggre~ate
of the twelve monthly installments payable in the then current year plus the actual amount of the annual
taxes assessments~ water rates, and insurance premiums for such year not covered by the aforesaid
mont~ly payments.
9. That (a) in tht~ E'\'E'llt Uf 8i1~' Vl'f;~C}1 Uf tIl1S MO1'tg'clg'l OY ~~l~fault un ihc part of the mortgagor, or
1 b) iii the e~•ent th~zt an>~ of said sums of mone~• hercin refert~ed to be not promptiy and full~• paid ~~~ith-
c~ur demand or »otice, or (c) in thE ~~~•ent-that each and e~•e~•~~ the stipulaticros, agreemettts, conditions,
~~ncl eu~~enants of said note and this mor'tgagc~, are tic>t duly, i~rumptl~•, anci full~~ perfarmed ; then in
either or an~~ such e~~t~nt, t{~e saicl aggregate sum m~~~itioneci in sai~l »ut~ th~~n rrmaining unpaid, ~~-ith
interest acci•ued to that time, atid all moiie~~s secui•eci hei•eb~•, shall l~ecome due and pa~•able foi•th~~•ith,
ur thei•eai't~i•, ~~t tl~e optioi~ uf saici moi•tgagee, as full~• at~cl completE~l~~ as if a!1 of the sa;d sums of mo»e~-
~~~cre oi•gii~all~• stipulated to be paid o~i such clay, an~•thing in sai~i ~iote oi• in this moi•tgage to the coi~ti•ai•~~
not~ti~ithstaitding; and tt~ereupo~i or thereat~ter, at the opt~on of said mortgagee, ~~~ithout notice or demand,
s«it at la~~~ or iu equit~•, m3~• be pt•osecuted as if all mone>-s seciu•ed hereb~- had matured prior to its insti-
tution. The moi•tgagee ma~• foi•eciose ti~is moi•tgage, as tu t}~e amount so declai•ed ciue and pay~able, and
the said premise~ shall be soid to satisf~• and pa~• thc same together «•ith costs, e~penses, and allo«•ances.
1?i case of pai•tial f~~reclosure of this moi•tgage, the moi•tgagecl pi•emises s}Zall be sold subject to the con-
tinuing lien of this mortga~e foi• the amount of tlie clebt ~iot then due anci tn;paid. l~i s~~ch case the pro-
~•isions of this paragraph ma~' again be a~•ai{ecl of thereafter from time tc~ time b~• the mortgagee.
10. 'That the mortgag~>i• «•ill gi~•e immeciiate IlOt1CE h~' mail to thE~ mi~i•tga~zee of an~~ co?i~~e~•ance,
trai~sfer, or change of o«•nership of the premises.
11. That no wai~'er of an`~ cu~~ena?nt herein or of the obli~ation secur~ hereby shall at any time
thereafter be held to i~e a w'ai~•er of the terms hereof or of the note secured hereby.
12. That if the mortgagor default in any of the covenants or agreements contained herein, ur in
said note, tt:en the mortgagee may perform the same, and all expenditures (including reasonable attor-
ney's fees) made by the mortgagee in so doing shall draw interest at the rate set forth in the note secured
hereby, and shall be repayable immediateiy and w~ithout demand by the mortgagor to the mortgagee, and,
together with interest and costs accruing thereon, sh111 i~e secured by this mortgage.
13. That the mailing of a written notice or demand addressed to the owner ~f record of the mortgaged
premises, or directed to the said owner at the last address actually furnished to the mortgagee, or directed
to said owner at said m~rtgaged premises, and maile~i by the United States mails, shall be sufficient notice
and deman~ in any case arising under this instrurnent and required by the pro~•isions hereof or by law.
14. '!'he mortgagor covenants and agrees that so lcng as this mortgage and the said note secured
hereby are insured under the provisions of the ~'ational ~Iousing Act, he w•ill not execute or file for record
any instrument which imposes a restrictior~ upon thP sale or occupancy of tne mortgaged property on the
hasis of race, color, or cr~ed. Upon any violation of this uridertaking, the martg~gee ma~y, at its aption,
declare the unpaid balance of the debt secured hereby immediately due and payable.
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