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To pl~c~ ~nd ca+tirwo~sly keep on the buildings now or hereaRet situate on ssid land ~nd on all eqvipmeM ~nd persond~Y tore?ed bY ih~s ~~9' a~~, with all premiums thereon p+id in full, fire insurance in !he usual standard policy form, i~ a sum approved by the MORTGAGEE, and windstorm i insw~ntt in the vsu+l sqndard polity fwm, in a sum approved by the MORTGAGEE, in wch company w tw~Psn~es as the MORTGAGEE may F direttp Md all fite and windstorm iowrance policies on any of ssid buildings, ~ny interest therein o~ part thereof, in the sggregate sum aforessid or ; in exoess therwf, shall contain the ~sual standard matgagee clavse or svch other clause as the Mwfgagee maY require, makinp the loss under ud poli~ ~ cies, Nch aed every, peyabk to ssid AAORTGAGEE as its interest may appear, snd each and every svch poliq shall be promptly au:gned and delivered to •ny held by said MORTGAGEE as fu?ther secu?ity to ssid mortgage debt, and, not less than ten (10) days in advance of the exp~ration of each policy, to de- live? fp ssid MORTGAGEE • renewal thereof, together with a receipt for the premium of such ~enewal; and IFxre shall be ra fire or windstam insurance plspd on any of said buildings, any interest therein or part therecf, unleu in the form and with the lou paYable as afo?esaid; and in the event any sum of mw»y becanes psysble under wch policy w pe~K~es sald MORTGAGEE shall have the option ro receive and ~pply the sa~ne on accoum of the indebted- neu secured hereby or to permit ssid MORTGAGORS to receive a+~d us! it d any parf thereof for otfier purposes, wiihout the~eb/ waivi~y o~ impa~r iry sny equ;ly, lien o? r"ght under w by virtue of this mor:gage; and in the event wid MORTGAGORS shall fo? sny r~ason fail to keep the said premises so insured, or fail fo deliver promptly any oi said policies of insurance to uid MORTGAGEE, ar fait promptly to pay fulty any premium therefw o~ in any respecf fail ro perform, discharge, e:ecute, effect, complete, comply wi~h and abide by this covenant, or ~ny pa~t hereof, said MORTGAGEE may p~sce and I pay for wch insurance or any part thereof without waiving or affecting any option, lien, equity, or right under a by virtue oi this Mortgsge, and the full ~rt~ount of eath snd every suth payment shall be imnediately due and payable and shall bear interest from the date thereof until paid at the rate o1 nine per centum per anrwm and together with suth interest shatl be secured by the lien of this mortgage. To permit, aonurut o? wffer eo waste, impairment or deter'aration of said property or any part thereof. S. To pay all and singulu the cosri, charges and e:penus, including a reasonable attomey i fee and costs of abstrscts of titte, incurred w paid at sny time by said MORTGAGEE, Ixcavx w in the event of the failure on the pan of the wid MORTGAGOR to duly, promptly and fully perform, diuhsrge, •xecute, effett, tompkte, tomply with and abide by each and every the stipulations, ~greements, conditions, +nd covenants of said promissory note and this mortpaye any or either, and s~id cosri, charges and eapenses, each and every, sMll be immediately due and payable; whether a no1 there be r.otice dr mand, attempt to colktt or suit pending; and the full amount of each and rvery such paymem shall bear interesf from the date thereof until paid at the rate of nine per centum per annum; and all said costs, charges and expenses inturred or paid. together with such intertst, shall be secured by the lien of this mortp~e. Q ih~t (a) in tlx event of any brcxh of this Mortgage or default an the part of the MORTG~?GOR, w(b) in the event any of said sums of money her~in referred to be not promptly and fully paid within thirfy (30) days next afrer the same severalty become due and payable, without demand w notice, or (t) In the e"vent each and every 1he stiputations, agreements, condirions snd covensnts of sa~d promiuory note and th~s mortgsge any p either are nof iuly, promptly ~nd fully perfwmed, d~scharged, executed, effected, compkted, complied with and abided ~iy, then in either or sny such went the s~id ; preyafe sum mentbnec! in aid promissory note then remaining unpaid, witn interest acuued, and alI moneys aettired. hereby, ihatl betane due and pay- ablt forthwith, or tlxreafter, at the opt~on of said MORTGAGEE, as fully and completely as if all of the sa~d wms of money were aiginslly tGpvlated ~ ro be paid on such day, anything in said promissory note w in this Matga~e to the contrary notwithsts~diny; and thereupon or thereafter st the option of ~ ssid MORTGAGEE, without notice a demsnd, suit at law or in equity, therefote w thereafter begun, may be prosecuted +s if all moneys setured hereby ' had matured prior to its institution. - 7. That i~ the event tMt ~t the beginning of or at sny time pendi~g any suit upon this Mwtgage, w to iweclose it, w to reform it, or to enfo?u payment of any daims herevnder, said MORTGAGEE shall apply to the Co~rt having jurisdrc~an thereof fw the ~ppointment of s Receiver, such CouA shall Forthwith ~ppoint a receiver of sa' mortgaged property all and sing~ler, intludmg all and singular the income, profits, iuues and revenues from whatever wurce tkrived, esch ~nd every o~wh~ch, it being e~epressly understood, is hereby mwtgaged as if specifically ut forth and desc+ibed in the gronting and habendum clavses hereof, ~nd such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by • Co~rt tp s Reteiver, ~~d ~uch appointment shail be made by such Court as an ~dmitted equity and a matter of absolute right to said MORTGAGEE, and without reference to tM edequacy or inadeqwcy of the value of the property mortgaged w to the wwency or insolvency of said MORTGAGOR or the defendants, and that suth renti, profits, income, issues and revmues shalt be applied by sucF~ Receiver xcord~ng to the lien or equity of said MORTGAGEE and the pradics of such Court. _ 8. To d~ly, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stiputations, agreemeM~, conditiaru u+d coven~nts i~ sa~d prom4swy oote and th~s mortgage set forth. 9. That (n the went the ownenhip of the mor~~sqed prem~sn, or any part thereof, bem~nes vested in • person other thsn the MORTGAGOR, ths MORTGAGEE, iri wcceuors and auigns, msy, wirhout notice to the MORTGAOR, de+l with such successor or wccessor in interest with refere~ce to this mortyape and the debt hereby setured in 1he same manner as with Mortgagw w~thout in any way vitiatir~g or d~xharying the Mor~yagors' liibility her~- under w upon the debt hereby securerd. No sale of the Fremis_s hereby mortgaged and no forbearance on the part of the /~IORTGAGEE or iri svccessws or essipns and no extension of the time (w tF~e payme~t of the debt hereby sec~red g~ven by the MORTGAGEE or its successori w ass~gns, sMll operate to releue, discharge, nwdify change or affect the original liabil~ty of the AhORTGAGOR herein, either in whole or in part. - 10. It is specifically agreed tM? time is of the essence of th~s comract and thst ~o waiver of any obligatio~ hereunder or of ths obliy~tion se- cured h~reby shall at sny time thereafter be held to be a waiver of the terms hereof or of the instrument iecured herby. 11. In add~tion to the fwego:ng monthly payments of princ pal and interest reqv~red by the promissoty note secured hereby, mongagor covenant~ and ~yrses to p+y to mortgagee with each monthly payrnent an add~rional sum estimated by mwtgagee to.beReq I /12 of the nnual cost of the follow- ll ~V~ A-A!I re~l property ta:es tevied w assessed agai~st ~hc above described real estate. dOOK ~ B-Premiums on fire and windstorm insurar.ce as herein req~~red to be car~ied on the ~mproveme~tf sitvate on the sbove dexribed premi~es. ~ C-Vre**+~~^~s o~~ such mor~g~ge guaranty insurar~ce as mortgagee shall from t me to time deem fit to tarry on the ban secured hereb~. - ,~~,;•~.~„';a; z~' , . ~.-~~,d-t'~' r '~~,3`°~,_+,r-~, - r~' ir ~,i~ - -r~~'~ =a ;~z, ~ _ ~.E~'"' P. ~a ~ ~ . .,r ' '~'v ~ . _ ~