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the deficiency. Such pay~iie~t ahall be msde within thirt~? ,r3~ dsys siter ~i~tea notice irom the Mottqsgee
steting the amount oI the deficiency, which notice msy be ~ivea by ma1. It at any time the Mort~agor•
shs~l tender to the Mort}~agee in acoordnnce with the provis~ons ot the note eecuted hereb~~ full pUruent
o! the entire iadebtednees repreeented thereby~ the Mortgagee ua tcustee ahaU, in c~omputiag tha ~mount of
such indebtednees~ credic to the account ot the Mortgs~or sny credit balancs remaini.~g ua~ler the pmvieiow
oi (a) oi saidpara~a
ph 2. If there ahaU be p detault under any ot the pmviaions oi t~hia mort~ge resultii?g
in • publio sale o( the premiaee covered hereby, oc ii tha Mortg~gee acquiree the pmperty otherwise sttec
detsult, tha Mortgagee as trustee ahall apply~ at the time of the commenc~nent of auch proceedings or st
the time the property ia otherwiae scquired~ the amount, thea remaining to credit of Mortgsgor uader (a) oi
pars~rsph 2 preceding se s credit on the interest accured snd unpaid snd the balsnce to the principal then
remutung unpaid on s~id ~ate.
Hs wlll py all ta~oer, as~ee¦menh. watee ntie~, aad othee~ovee~meataJ ce m~mieiPd cbae'ta, 6ne~. ac
impoeit~oa~. !or wLich p~ovidon has not been made bereiabefors, aad in detiwl0 t~ereof t~hs Morti~i'~ ~+U? P~11 ~
•ms; ~od tbat bs will pe+ompt~p ddi~re~ t6s oQioi~l reoeipfs tbee~efar to tbe Morta,~~es.
b. He will pe~mit~ oo~mil, or e~ee no wa~ts, icnpairmeat, a~ dete~tocstion ci s~W pe~opettjr a tha~eot
eaooept re~eon~bis we~r ~wd teas• ~nd in tbs event vt tLe Lilure of tLs M ~
o:t~aar to l~eep ths ~ o~n sai~
pe~emi~e~ ~nd thws to bs e~+ecte~ on ~aid pe~emi~es. or improvemenh tL~eon. in sood rapair the Mortaaaoe m~1
mst~e w~oh rep~iis ~ in its di~oretion it m~ deem neoeee~ry for tbe_~oper pe~esarvat,ion t~hereo~ and the full amoun0
ot eacD and every w~oh p~ymeut rhall bs dus aad P4~~ ~Y (~I ~~~1, anc~ ~LaU bs ~eoue~ed b0?
ibe tien ot t~ a~o~f~~.
d. He will pyr aII a,nd dn~lat ths eo~h?; and ea~Peaees. inolndtn~ reaaoaable Lwy~ee'~ fees, and ood~
~b
cE sbstraats at titb, inounbd ~ paid a! ~n,y ttcse b~ _ ott~ee beawse of the failure on the part of ths M~
~si'6a, shaU be~~ ooveaan~ and ahal~~eeeured by the liea of tbis ~ rtp~~e,
ea~peases immediatebr due and
7. Hs wiII aoat~anom~? nu3nt~ain Lasard i~unnoe, of snch t~~ps or tijpes and amounts as Mortg~ges an~T
te r~m~se~
fitim t,ime to tims req~+s, on t~s impro~emenh now or Lsreatter on ssid p aad esoep` ~vhen pa~meat
tor aIl such premiums La~ tberetofors beea made under (s oi paragrs~h 2 hereof Le will p~yy promp ~
due an~ premiums theretor. All insuranoe ehall be ~ ia oompanties approve~ b~ Mo and ~e
caes and renewale thereoi ahall be Leld by Mortga~gee ~nd h~ve ~ttached tLereto loes payab~uses in i~vor oi
• and in form aoceptab}~e ~o the M In eveati of loas he wiU give immediste notioe by mail to Mortg~ag~es~
and Mortg~ag~ee ma~ majce proofa~~ ii noti made prompt~y b~ Mortgagor~ and each insunaoe compu~
aonoerned ss herab aut6ori:ed and directed to mal~e p~yment ior such loes direc. to Mor~~ matead ot
to Mortgag~or and ~o~rtgagee jointly, and ti6e insuraaos Pmoeeds, ~Rl P~ be ap-,p7ied by 1?iorw
~agee af~ ifs option eitber to the reductson oi tLe indebt~edness hereby secured or to t~e rest~staon or repair ot
the propert.~ d~ma~ed. In event oi foreclosurs of this mort~sge. or other traaster of title to the mortgaged
p~+oP~7 in eshnguiehment oi the indebtednees eecured hereby, sll rig6~, title, snd intensL oi the Mortgagor
in and to sa~ inauranos policies tven ia foroe shaU pass to tbe puir,baeer or graat~ee.
- 8. He ~vill not ezecute er file of record any instrument ~vhich impoeee s restriction upoa the eate or occu-
paacy at the proper~y deearibed herein on ~he basis oi race~ oolor, or creed.
9. If the premises, or any part thereof, be condemned under the power of eminent domain, or acquired
for a public use, the dsmeges awarded, the proceeda for the taking of, or the conaidention for such saluisi-
tion, to the eatent of the fuU amount of the remaining unpaid indebtednees secured by this mort~g e, are
hereby asaigned to the Mortgagee, and hia heirs or assigns~ and ahall be psid forthwith to said Mo~-
agee
or his assig n~ee to be applied on account of the last maturing iastslLnent$ of auch indebtaess; provided,bow-
ever, the Mortgagee or h~s sasignee~ may at his discretion pay direct to the Mortgsgor~ hia Leire or assigns
aqy part or all oi aucL swsrd; pmvided, that if the loan is guarauteed or insured, the oonseot of the guaran-
tor or inaurer is obtsined in ad~ance of eaidpa
ymeut.
10. T6e Mortgagee m~y, ~t anp time ~end~'ng a aui6 upon this moor~e~aPPly.to the court having jurisclic-
tion thereof for tha appointment oi a rec~ver, and wch o~urt eball i Mn s~pomt a raceiver of the premiaea
' covered hereby aIl and singulqF~ includ'u~ all and aingular the inoome, pm&ts, issuea, and revenuea from what-
I ever souroe denved :each and every ot wduch it be'u~ ezpressly understood. ia hereby mortgag~ed ss if apecifically
~ set forth and descnbed in the graatin.g an~ hab~ndum clausea bereof. 3uch sppointment ahall be made by
~ such oourt ae sn admitte~ equity and s m~tter of abeuluts right to said Mortgagee~ and without reterenoe to
i the adequacy or inadequacy oi the value ot th~ property mortgaged or to the aolveaay Ar insfllvency ot a~id
Mo r or the defendanta. 3uch rents, pro6ta, inoome, tssues, and revenuea ehsil be applied bysuch receiver
~ acco~in'
g to the lien ot this mortgage and the practice of such oourt. In the event ot any defsult on the psrt ~
of t6e Mortgsgor hereunder, the Mortgagor a~es to pay to the Mo agee on demand as a reusonable monthlv
reatal for the premises an amount st least eqwvalent to one-twelfth of thea~r~s
te of the twelve anonthlv
installmenta payable in the then current yeu plua the actual aanount oi the annu~l taxea, seeeesments, arater
ntee, and insuranoe premiums for euch year no~ oovered by tLe aforesaid montbly payments. -
l l. In the event oi any breach of iLie mortgag~a or defaul6 oa the p~rt of the Mortgag~or, or in the e~ent
t,hat any of said suma oi money herein referred to be not prompfdy aad fully paid aooording to the tenor hereof ~
or in the event that each and eve tbe atipulations, agreements oonditione md ooveamts of said aote anc~
thia mortgage~ are not duly~ promptly. and tully performed or i~ tLe Mortgagor be adjudicated bankr~pt or
made defend~at ia a bankruptcy or receivership proceedinp; then ia either or any such event, the said sggre-
gste sum mentioned in said note th~remunu~g unpud, with int~ereat accrued to thst time, and all money
eecur~d hereby absll becoma due aad pay~ble iorthwitb, or thereafter, at tbe option of . said Mortgagee, sa
fiilly aad oomp~etely is it all tbe said sumr oi money wrere originally atipuLted Lo be paid on such d~y~ .aa~
tbing ia said note or m thia mort~ag~e to the oontra~? notwitLstand~ng; and tLereupon or thereafter, st t,he option
of sa~d Mo tgagee, without noUce or demand~ suit at lsw or in equity, m~y be proeecuted as if alt monevs
eecured hereb~
y hsd mat~red prior to ita instituLion. The Mortgagee msy forecloee this mortgsge, as to tbe
amount eo declared due and payable, and the said pnmises shaU~e sold to satt~~ssty aad pay the same tog~et.her
with costa ezpenaes~ and allowaacea. In caee of partial toreclosure of t~is mortgsge, the mortgaged prnm~ses
sLall be sof
d subject to the continuing lien of this mortga~e for tbe araount of the debt not then due and ~u?psid.
In such case the provisions of tLis paragnph msy again be ~valed oi thereatter from time to time by the
~ Mortgagee.
12. No w~iver oi say oovenant Lerein or oi t~he obligation eecured hereby ahall a6 any time there~iter be
held to be a wraiver oi the terins bereof or oi t6e note secured hereby. ~
13. 1Le lien oi this instrument s6aII remaia in full force and eSect during any postponement or extension ~
of tbe time oi payment of the iadebtedness or my part thereof secured hereby. ~
14. This mort~ »~ven to secnre the pui~ch~se awney. or a part tbereof,.of the lsads herein described mo
and i~ esecuted aaa~i~eli~ered oonLemporaaeouely with the deed therefor. • .
15. Ii tbe Martg~go~ detault in aay.ot the oovenaats.or agreemeataacatained he~sia, or in said note,. then ~
the I1[ortgagee ma~ pertornn the aama, and ~ll e:peaditau~es~wcludiog naronable attoruey'~ feea) m~de by-t6e t-'a
Mo , m w,. ~ draw int~st ~t tLe rste pro ed foc im .the princ~p~•iodeb~dness, aud sh~ll_ be ~
b
pr~tbirty (36~ys dter demand, aad, t~ogeth~ ~vith interest aad cost~ accrued thereon, shall be sccw~d ?A?
1 mort8a~e•
16. Upon tbe request oi ths M~~~g~e tbe Mottg~gor sLaU e:ecute aad. deliv~e ~ wppleznental nqta ot
notes far t~?e sum or sums advaaoed
b~
y tbe Mortgagee tor tLe alterataon, mode,rniz~taon, improvement, main-
teaanoe, or repair of said pnmie~a, tor t,saes or as~easmeats against tbe same ~nd for aa~ other purpoee autiwr- C~
ised heraunder. S~id note or note~ shall be secured Lenby on a p~ar~it~r with and as fuUy as ii tbe advance ~
e~ide~noed tbareby were included ia tLs note fint de~cribed abo~e. Said supplemental note or notes ~6a11 beu
~;_-r.--~ ` ~~~s _ . _
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