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t1IlE5, or impositiuns, fur ~~~hich pru~~isiun has izut bc~en madE~ he~rt~inbef~~re, an~i in ~iefault th~~rc~~f th~~ mu~~t-
gaget~ may pay the same; an~i that he H•ill proniptl~• deli~~e.~r the utlicial r~rceipts theref~~r to thc m~,rtKaK~~~.
5. Ttiat he r~~ill pt.1rmit, commit, or suffer no H•aste, impair•ment, ur detE~rioration of s~~id prupt rt~~ ~~Y•
an}• part thereof ; and in the evt:nt of the failure of the mc~rtgagor to keep the ~uildings un saici pr~~miscs
and those to be E~rerted on said premises, ur impro~•ements thereon, in g~x,d repair, the mc~rt~~u~~r n~a~•
make such repairs as in its discr~.~tion it ma~• deem neressary for the proprr pr~~ser~•atii~n thereuf, and the
fuli amount of each and e~•ery such pa~•meut shall bc.~ in~medi~~tel~• d~e anci pa~•able, and shal! l~e secured
by the lien of this mortgage.
6. That he H•il1 pay all and singular the costs, charges, and ex~enses, includi?}g reasonable la~~~~~ei•'s
fees, and cwts of abstracts af title, incurred or paid at an~~ tin~e b~• the m~~rtgagee l~ecause of the i<<ilure
on the part of the mortgagor promptly and full~• to perfornt the agrecmE~nts and co~~en.~i~ts of sai~l prun~-
issor~• note and this mortgage, r~nc3 said costs, charges, and expenses shall be immediatel~• due and pa~'-
able and shall be secured by the lien of this mortgage.
7. That he w•ill keep the impro~•eme~its iio~• existi~ig or hereafter erected uii the mortgaged pi•opert~~,
insured as may be required frorn time to time by the mortgagee against loss b~• fire and other harards,
casualties, and contingencies in such amounts anci for such peri~~ds ay ma~~ be required b~~ mort~a~ee,
and w•ill pa}• promptly, ~~•hen due, any premiums on such insurance for pa~•ment of ~+•hich pro~•isi~>n has
not been made hereinbefore. All insurance shall be carried in companies app?•c~~•ed b~• moi•tRriK~~c an~1
the policies and ren~~~•als thereof shall be held t~~• mortgagee and ha~•e att~iched tlll'I'E'to loss ~~a~~ak~le
clauses in fa~•or of and in fo?•m acceptablc to the murtgagee. In e~•ent of loss he ~~~ili gi~~e imm<<liate
notice by~ mail to mortgagee, and moi•tgagee ma~~ make pi•aof of loss if i~ot n~a~le pi•omptl~• b}• mc~rtk•aRt~?•,
ancl each insurance company~ eoncerned is }iereb}~ authc,r:zed and clirected to make pa~~me?~t fc~r such
loss directl~• to mortgagee instead of to mortgagor a~id mortgagee jointl~•, and the iiisu?•~incc~ pruc~~~~cis, or
any part thereof, may be applied by mortgagee at its OOt10I1 either to the reduction of the ind~~b±~~ciness
hereby secured or to the r~storation or repair uf the propert}~ damaged. In e~•ent of f~~recl~~sure uf this
mortgage or other transfer of title to the mortgaged pruperty in extin~;uishm~~nt ~,f the incic~k~tr~~jness
secured hereby, all right, title, and interest of the mortgagor in and tu an~~ insin•ance policies tht~n in for~e
shall pass to the purchaser or grantee.
8. That the mortgagee ma~~, at an~~ time pending a suit upon this mnrtgaRe, aP2~l~• to the court ha~•-
ing jurisdiction therE:uf for the appaintment of a recei~•er, and such court shaU f~~rth~~•ith app~?i?it a
recei~•er of the premises co~-ered hereby all and sirigular, including all and singular the income, profits,
issues, and rerenues from H•hate~•er source deri~~ed, each and ever~• of ~+•hich, it being expressl~• under-
stood, is hereby~ mortgaged as if specificall~~ set forth and described in the Rrantin~ and habendum clauses
hereof, and such receiver shall hace all the broad and effecti~•e functions and po~~•ers in ar~~•ti~•ise
entrusted by a court ~o a rec~i~•er, and such appointment shall be made by such caurt as an acimitted
equity and a matter of absol~Fte right to said mortgage~, and µ•ithout reference tc~ the adequac~• cn• inad-
e~quacy of the ~•alue of the property~ mortgaRed or to the sol~•ency or insol~~enc~~ of said mortgagor c~r the
defendants, and that such rents, profits, i~?come, iss~es, and revenues shall be applied b}~ such recei~•er
according to the lien of this mortgage and the practice of such court. In the e~•ent of an~• default on the
~art of the mortgagor hereunder, the mortgagor agrees to pa~~ to the mortRagee ~;n demand as a reason-
able monthly rental fnr the premises ari amount at least equi~•alent to one-t«•elfth (1, of the agg~~e~ate
of the tK~el~•e monthly instalirnents pa~•able in the th~.~n currQnt ~•ear plus the actual an~ount of the annual
taxes assessments, «•ater rates, anci insuratice premiums for such }•ear not co~•ered b>• the aforesaid
mor~t~?ly payments.
9. 1~1~<il (r~) it~ th~~ ~•~t~ut ut a~i~ hr~~arl~ ~~t thi. ~n~~~~t~,~i~~c~ ui~ ,i~•t~uult uli tL~~ ~ru~t ut ?liE~ Illc~l't~agc~~~,
11~) ill If)r l'\'t'llt t{1.1~ IIll~' i~~ ~.U(~ ~Utll~ ui Illullt•\' ~Irl'~~II1 1'i'tt`1'Ct'~~ tn ~1~' tlu( ~)1'i~I11~1tI\' 2111(~ tt1lll' ~l~ii(~ ~1'l~fl-
~~ut ~l~~m.~~~~1 ui• n~~tic~~, ur Ir) ii~ tii~.~ t•i~~~nt that ~~acl~ <?n~l ~~~~E~r~~ th<< ~ii~~ul.ttiu~i;, ak~i~~~~~mt~~~ts. ~•un~iiii~~u~.
.lll~~ :'~~~'~'il2llit: ~~l ~~ili~ Ilutt' <ill~~ t{ll;~ illi~l't};~i~;~', til't' Il~~t t~ll~1", ~il'~~Ill~)t~\', 2111~~ ~!1~~\' ~)l~l'tUt'illt'f~; ~~ll'tl 111 ~
t'l~~ll•t' ul' :ltl} ~Ul!I ~~\r lii, f{1~' ~lll~~ ~i}~'~;1'~'},r.!tt' ~llill ill! Il~lnll~'(~ itl ~lU~l Iluti' t~it'll 1't•Ill:lilllll~ Ullj)lUc~. \1'lt}1
int~~r~~st arcrut~~l tu ihat tin~~~. .ii~~l all ?iu~~:t~~-: s~~cur~~~l l~t~~•~~h~~. sh<~ll I,~~c~~mr• ~lu~• :u~~i l~u~~at~l~~ 1i,rth~~ ith.
uI' l~lt~l'~~,11T~•1', ilt l~lt' ~~~111uR u! ~Ftlrl Itlul't~;.l~!t`t', .iS Ili~i~' F:IIt~ l'UI11jllt~ti~~C ,i~ 11 ll~~ n( iEl~~ a~Ul~ SUfll~ ~~f Iliull~'~" .
~~~•f• ~,i~~;iii,~ll~~ :tiEiul~it~~~l t~~ I~t~ i~aicl r,n `uch ~In}~, an}~tiiin~ it~ sai~l uutr ~~r iti tl~is m~~i•t~,r~i~;~~ to th~~ cuntra~~~~
nut~~~ithst~l~i~liii~,~: <in~i th~~r~~t~~~un u~~ th~~r~~aft~~r. .~t tf~~~ ~~ptiun ul~ ;ai~l mni•t~;~~~,~~~f~, •,cith~~,ut n~~tic~~ ~~r ~lE~m~i~~~l,
.tiit at la~~ ~~r i!i E~yiiit~~. ~na~~ I}t~ pr,~~r~~~ut~~~l ~is it' all tn~~?~~~~~: st~ctn-~~~1 l~~~e~~l~~~ l~aci matur~~~l pricu• t~~ its ii~sti-
tutiu~~. T?if~ llUlY~t.,~a~r~~~~ n~a~~ fur~~cl~~,~~ !his nu~t•tga};r. .ts tu tl~~' 11t11UUilt s~~ ~i~•clar~~~l ~lue an~i pa~~able, ancl
t~lt' ~lU({ 411'l•1111:~': ~~l~l~~ ~1~~ ~Ii~l~ Z(~ ~,itt~f,Y ~UU~ J)~t1' t~lt' ~<llll~' tUkt't~?~•1' Itfl l'(1;t~, t'\~~t'111t';, :1T1(~ ~1~~~)\1'~tI1Ct'S.
~11 t'11SE' 11~ ~1:lY~l~l~ 1~~i'f'C~~I~~II'(` (~t t~ll5 111111't~.T,FI}!!'. ti}1l' Ill~~l't~(:I~.,Tt'~i ~)1't'11ll~t'S ~~1~1~~ ~1t' tif~~(~ ~U{),lt'C~ tll t~il' CO11-
t!i~;iit~~! lit~n ~:f tlii: n~~~rt};<i~:~• lu~• tl~~~ ilt11U1_lllt ~~f th~~ ~i~~V~t ~iut th~~u ~lur aii~i ~;iiE~ai~l. l~i ~uch c<i:~f~ thc~ ~~?~u-
~~i;iu>>s nt tf:is ~~~ir.i~,~r.i~~l~ r~~~i~~ agai~i bt~ a~~ail~~~l uf ±{~~~r~aftet~ fr~~m timt~ t~~ tiit~r h~.~ th~~ m~~~~[g~i~f~~~.
1~. ~I~~lEit t~il' lllul':~,rt!}[~~}• \`.'I~~ };I\'t' 11T1111t4~1FiT(` Ilutil't' t~1" Itl.ll' t~~ t~it' 1ll~~l'i};!i};t't~ uf lilll' ('u11~Y~~"~llll't'.
tr~ui,f~~~i~. ch~;~~kr~ ~~I ~~~~~n~~~~shi~~ uC tli~~ ~~~~~~n~isc~s.
11. "I~~lllt Il~~ \t';~I\'t'l' ~il ~lll~' l'~~\'t'll:lilt fit•Yt'lll ~~Y t~f tElf' ~~}~~I~~~t(I~~II ~t't'l1Yt'(i ~lt'Yl'~i1' ~{i:i~~ lit ltTl1' tlfllE=
l~lt'1't'.itlPt' ~)P llt'~~{ t~~ E~P <L ~~~.:1V'f'1' I~i T~lf' it't'III~ ~lf'Yt'~r( U1' (1t t~lt' 11~~[f' al'CUl'f'f~ ~ltl'l'j)~'.
1?. Th~t if tlle mortgzi~oi• defat~lt in any of tite co~~enants or ~€;?'fC't11ei1t5 cont~iine~l hei•~in, or in
saic~ r,~~te, tht~n the m~~rtga~~e ma~• ~>erf~~rm ti~e ><ime, and all f~~j~c~ndltUl'E'ti (including~ reas~,na},le attor-
nc~~-'~ ft~e:) r7~ade h~~ the m<~rt~;agee in s~~ ci~,in~ shall clra« intf~rr~t at the rate s~~t f~~rth in the n~~te secured
herti~i>~~, and sh~ll be rep~t~~~i}}le inunediatei~~ anrl ~~~itht~ut dem~ind the mortgagur to the mortgagee, and,
togf~ther ;i•ith interest and cnsts accruing ther~~c~n, shall 1~e secured by this mortgage.
l3. That the niailing ~~f a~+~ri~ten n~~tic~ ~~r demand acidre~sed to the o«~:ier of recnril of the m~rtgaged
p:•~~n~i~c~s, ur ~lire~~ted tu th~ s~ii~l .~~~~ner ~~t tht~ l<iyt a~l~ir~~s~ actu~311~• furni::hed to tl~e ~~~~~rt~,ra~ee, or ~lirerted
to ~~?ici c~~tinE•r at .~iicl n~~~rtg~ige~i i~rr~i:~i~e,, and n~<~ile~l 1~~• tite t'nited States mail,, sl;ali l~e :;~:tfiicient notiee
and ~IE~m.llle~ lIl fiTl~" Ca,e iil'1SIT1Q,' 11I1(~E'C t~115 111iL1'U111E'I1C and realuired hy the ~~ro~~isiuns hereof or• 1~~-1aw.
1 3. The rn~~rt~:~~;t~r coi•~nantti ar~c~ a~rf~es th<it so lur~~ r~.~ this murt~a~e ancl the said note secured
here}~}• are in;ure~~ uiuier the ~~r~~~-i~inns uf the tiati~.mai Iinusin~ :~ct, he ~~~ill n~,t esecute or file f~~r recnrc~
<in~~ in~t~~ument ~~~hich im{~u~e~ a re~tricti„n up~m the sale or occupanc~~ of tii~ mort~a~ed ~~r~~~~ert~~ an the
l~a~is uf race, c~~lur, ~1r creetj. t.'~u~n an~• ~~ii~latinn of this undertakin~, the murt~<igee ~na`•, at its optior,
dt~cl<ti-e t~~e unpi?i~j i~alanee c~f tht~ ~jeht ~e~~ured hP?-ehy immediatel~• due ,inci Tri~•a}~le.
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