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fine~, or impositions, for which prevision has not been made hereinbefore, and in default thereof the mort- -
gagee may gay the same; an~ that he will promptly deliver the official receipts therefor to the mortgagee. ~
5. That he will permit, commit, or suPfer 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 mortgagE~e may `
make such repairs as in its diacretion it may deem necessary for the prop~er preservation thereof, and the =
full amount of each and every such payment shall be immediately due and payable, and shall be secured
by th~ li~n of this mortgage.
6. That he will pay all and singular the costs, charges~ and expenses, including reasonable la~~•yer'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 mo~tgagor promptly and fully to perform the agreements and covenants of said prom-
issory note and this mortgage, ~nd said costs, charges~ and expenses shall be immediately due and pay°-
able and shall be secured by the l~en of this mortgage.
7. That he wiil keep the improvements now existing or hereafter erected on the mortgaged propert~•,
insured as may be required from time to time by the mortgagee against loss by fire and other hazards,
~ casualties~ 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 insurance for pay~ment of ~~hich pro~•ision has
not been made hereinbefore. All insurance shall be carried in companies appro~•ed by mortgagee and
the policies and renewals thereof sh~ll be held by mortgagee and have attached thereto loss pa~~able
clauses in favor of and in form acceptable to the mortgagee. ln event of loss he w•ill gi~~e immediate
notice by mail to mortgagee, and mortgagee may make proof of loss if not made promptly by mor~tgagor,
and each insurance company concerned is hereby authorized and directed to make payment for such
loss directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or
any part thereof, may be applied by mort~agee at its option either to the reduction of the indebtedness
~ hereby secured or to the restoration or re},air of the property damaged. In e~~ent af foreclosure of this
mortga$e or other transfer of tiile to the mortgaged property in extinguishment of the 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 upon this mortgage, apply to the court hav-
ing jurisdiction thereof for the appointment of a receiver, and such court shall foxthw~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 w•hich, it being expressly under-
stoc~d, :s hereby mortgaged as if specifically set forth and described in the granting and habendum clauses
~ hereof, and such receiver shall have all the broad and effective functions and pow~ers in an~•H•ise
~ entrusted by a court to a receiver, and such appointment shall be made by such court as an admitted
~ equity and a matter of absolute right to said mo:tgagee, 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 default on the
part of the mortgagor hereunder, the mortgagor agrees to pay to the mortgagee cn demand as a reason-
= able monthly rental for the premises an amount at least equivalent to one-tw~elfth of the aggi•egate
of the twelve monthly installments pay~able in the then current year plus the actual arr~ount of the annuai
taxes assessments, water rates, and insurance premiurns for such year not co~•ered by the aforesaid
mont~ly payments.
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~ 9. That (u) in tht~ e~~ei~t uf ~in}~ brrach u[ this mortKag~~ or ~lefault un the ~~art of the mortgagor, or °
t f, ) in the e~~ent that an~~ c~f said sums of mone~• hercin t•eferred to be not promptl~• and full~• paid ~~-ith-
~~ut clrman~i oi~ »utic~~, u?• (r') in th~~ ~~~~e?i't that each and e~'er~~ the stipulati~~ns, agreements, coiiditions,
~lil(~ ru~~t~t~ants c~f' s~?icl notE~ 21i1i~ t}115 TIl()1'tg~$f', are n~it duly, ~~i•umptl~~, aiicl full~~ pei~farmed ; then in
c~ither ~~r a~~~~ ,uch t~~-~~nt. thE~ saici a~g~•vK~ltt sum m~~i~iioned in s:~i~l ~iute then rrmaining unpaid, ~~-ith
inte?•est accru~~d tu that time, xnci all mo~ie~•s serur~~ci hei•eby, shall become clue and pa~'ahle forth~~•ith,
~~i• tiiereaftE~~•, <it the c~i~tic~u ~~f sai~i *zioi•tgagee~, as fuli~• ~u~d comp)tte~l~- as if ail ~~f tlie saici st~ms of mone~•
~~~~~re uf~gii~all~• stipulated to I~e paid on sueh da~~, an~•tlii~~g iT~ saicl note oi• in this mortgage to the c~nti•ai•~•
= not~:~itl~standi»g ; ancl thc~r~~upuz? or thei•eaftei•, at the option of said moi•tgagee, ~~•ithout notice o~• demand,
; suit at la~~~ oi• in equit~~, ma~~ be p~•osecute~l as if all mo»e>•s secured hereb~• hacl matui•t~ci pi•ioi• to its insti-
tution. The mortgngt~e~ ma~• foreclose this mortgage, as to the amo~mt so c~eclared ciue and pay~able, and
1h~~ said premise~ shall bc~ solci to satisf~- and pa~• the same together ~~•it}2 costs, expenses, ancl allo~?•ances.
I» case ~f partial tur~~clost~re of this moi•tg~~ge, the mc~~•tgagecl ?~remises shall be sold sub,ject to the con-
~ tinuin~ lien oi' this murtga~;c~ for ti~~~ amount of the ~lebt ~wt then clu~~ anci unpaid. I» such case the pro-
^ ~~isions of this paiag~•ap}? rna~• again be a~~aiiecl of th~~reafter from time t~~ tim~ b}~ the mortgagee.
10. That the nl~~rtgag~yr ~~•iil gi~•e immecliate t~otic~~ I~~~ mail tc~ th~~ mc,rt~agee ~,f ant~ con~e~~ance,
: l~•a>>sfe~•, or change ~~f u~~~nersh~p ot' the premises.
' 11. That n~~ «~ai~~er c~f illl~' l'l)~'E'll'<illt ~lE'I'E'lil ui• of t{ie oi~li~atic~n secut•ed herel~~~ shall at an~~ time
r tiiereafter be helci tu 1~e a~sai~•er of the terms hereof oi• of the nute secui~ec~ herel~~•.
~ 12. That if the mortgagor default in any of the covenants or agreements contained herein, or in
; said note, then the mortgagee may ~erform the same, and ali ex~~enditures (including reasonable attor-
~ ne~•'s fees) made by the rr'iortgagee in so doing shall draw~ interest at the rate set forth in the note secured
herel;y, and shall be repayable immediately and w•ithout demand by Lhe rnortgagor to the mortgagee, and,
together with interest and costs accruing thereon, shall be secured by this mortgage.
13. That the mailing af a~.•ritten notice or demand addressed ta the owner of record of the mortgaged
premises, or directed to the said o~ti~ner at the la~t address actually furnished to the rnortgagee, or directed
~ to said ow•ner at said mortgaged premises, ~nd rr~ailed by the United States mails, shall be sufficient notice
~ and demanci in any case arising under this instrument and requirec3 by~ the pro~~isions hereof or byr law.
~ 14. The mortgagor covenants and agrees that so long a.~ this mortgage and the said note secured ~
herehy are insured under the pro~•isions of the National }iousing Act, he u•ili not execute or file for record ¢
an~~ instrument which imposes a restriction upon the sale or occupanc~~ of tne mortgaged propert~~ on the t. :
~ ~~asis of i•ace, coior, or creed. Upo~, •r,ny~ vialation af this undert.zking, the mortgage~ may, at its option, ;
declare the un~~aid balance of the debt secured herehy immediately due and payable. :
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