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S. That he will permit. commit~ a suffer no waste. impairment. a deteriaation of said pcopeety or any p~ut
theceof; ~nd in the eve~t of the failure of the modgagor to keep the buildin~ oe~ said premises aad these toDe
erected on said premises, or impcovements tbeceon, in good repair. tha modga~se may awke such cepairs as in ib
discretim it aoay deem necessary fa the prope~ presecvatioa the~eof. aad the full amount of each aad every sucb
poyme~t shall be imwediately due aad payable, and sball be secuced by the liep of this nw~tgage.
6. That he ~rlll pey all end singula~ the costs. cherges, ar~d expenses. iacluding rea~soaable lewyec's fees,
a~ costs oE abstcacts of title~ incuned oc paid at aay time bythe matgagee because of the failure on the pad af
the mortgaga promptly and fully to perfam the aeceements and coveaants of said pcomissory note snd this mort-
gage, and said costs. charges, and expenses shall be immediately due and peyable and ahall be secuced by the
lien d tbia mo~tgage.
7. That he will keep the improvements now ezisting oc heeeafter erected on the mortgaged pcopeety, insuced os
may be required from time to time by the matgagee against loss by fire and other hazacds. casualties, aad coatur
gencies in such amounts and foc such periods as may be required by mortgragee, aad Mrill pay psotaptly. when due.
any pcemiueas on such insurance for payment oE which provision hes not beea made heretnbefore. All insurance
shail be carried in companies approved by matgagee and the policies and renewals theceoE shall be held by mat-
gagee and have attached thereto toss payable clauses in favoc of aad in form acceptable to the mortg,agee. Ia
event of loss he aill give immediate notice by mail to moctg~agce, and mortaagee may make proof of loss if aot
made promptly by matgagoc. and each insurance compan, ~oncemed is hereby authorized and directed to make
paya~eat foc such loss d'uectly to mortgagee instead of to mortgagoc and matgagee jointly, and the insurance pro-
ceeds. or any pad thereof. may he applled by matgagee et its option either to the reduction of the indebtedness
hereby secured a to the restoratioe a repair of the propedy damaged. Ia event oE faeclosure of this moctgage oc
other transfer af title to the eaodgaged propedy in extinguishment of the iudebtedness sec~ued hereby. all right.
title. and interest of the moctgagor in and to any insurance policies thea in force shall pess to the purchaser or
grantee:
8. That the mortgagee may. at any time pending a suit upon this mortgage, apply to the caut having jurisdic- .
tion theceaf fa the appointment oE a receiver, and -such card shall forthaith eppoiM a teceiver of th~ ptemise~
covered hereby all and singular. iacludiag all and singular the income, profits, issues, and ievenues from whatever
source derived. each and every of which, it being expressly understood, is hereby modgaged as if specifically set
fodh and described in the gcanting snd habeadum clauses here~, and ~uch receiver shall have all the broed aad
effective functions aad powers in anyaise entrusted by a:court to a teceiver, aad such appointment shall be made
by such court as an admitted equity and a matter of absolute right to said mortgagee. and without reference to the
lyadequacy or iaadeq~cy of the value of. the propedy moctgaged or to the solvency a insolvency of seid matg~agoc
~or the defeadenis, and that such rents, profits, income, issues, and reveaues shall be applied by such receiver
~ccording to the lien of this modgage and the practice of soch court. In the event of any default on tbe pad pf tfie
mortgagor hereunder. the matgagor agrees to pey to the mortgagee on demand a§ a teasoneble monthly rental for
the premises an amount at least eqpivalent to one-twelfth (1/12) of the aggceg,ete of the twelve mont6ly install-
ment~ peyable in the then current year plus t6e actual amount of the aanual taxes. assessments, water rates, and ~
insutance premiums for such year nat covered by the afocesaid monthly peymeats.
' 9. Th~t (n1 in the event of any breach of this modgage or default an the pad of the mortgagor, or (b) in the
event that any of said sumr of moaey herein referred to be not promptly and fully poid withau't demand or notice,
or (c) in tbe event that each and every the stipulations, agreements, coaditions, and covenants of said note and
: this mo~tgage. are not duly, promptly, aad fully performed; then in eitfier or aay such event, the said aggregate
sum mentioned in said note then cemaining unpaid. with interest accn~ed to that time, and all moneys secured
; hereby. shall become due and payable forthvvith, a thereafter, at the nption of said mactg,agee, as fully aad com-
pletely as if all of the said sums of _ money vvece originally stipnlated to be {~aid on snch day, anything in said
i note oc ia this moctgage to t6e contrary not~vithstaading; and theceupon oc thereafter, at the option of said matge-
~ gee, without notice or demand, suit at law or in equity. may be proa,secuted as if all owneys secured hereby had
~ matnred pcior to its institution. The modgegee may foreclose this mortgage, as to the amouat so declared due and
~ payable, and the said premises shall be sold to satisfy and pay the same together with caets. expenses,and allorv-
ances. in case of partial foreclosure of t6is mortgage, the matgaged premises shall be sold subject to the coa-
~ tiauing lien oE this matgege fo: the amount of the debt not then due end unpeid. In snch case the provisioas of
this poragraph mey agaia be availed of theresfter from time to time by the mortgagee.
10. That the mo~tgagor witl give immediate notice by mail to the moctgagee of any coaveyance, transfer, a
cbs~age of awnorship d the pcemises. ~
11. That no waiver of ~ay covenant herein oc of the obligation secnred hereby shall at any time thereafter be
held to be a waiver of the tern~s hereaf or of the note secured bereby. ~
12. That if the mortgagor default in any af the covenants or agreements. conteiaed hereia, or in said note, then
the mortgagee may perform the samg, and all expenditures (including reasoaable attaney's fees) made by the
mortgagee in so doing shall drew interest at the rate set fath in We note secuced hereby, and shell be repQyable
immediately end withoat demand by the moctgagor to the matgagee, and, together with interest and costs accrning
thereon, slwll be secured by this moctgage. ~
13. that the mailing af a written ndice a demandaddcessed to the owner of record of the matgaged premises,
or directed to the said aruer at the last address actually fnraished to the omtg,~gee. or directed to said owner at •
said mortg~+Red pcemi~a, and mailed by tbe Uaited States mail~, shall bt safficieat aotjce and deawnd ia any
case arisin~ under this instrumeat and cequired by the pravisions bereof oc by law.
4 14. The mortgaga covenants aad@,~eg~ tbp~ ~0 1o~g a~ tb~ martgA~e and the said note secured l~ecehy are
insured under tbe pcovisions of the N~tibna~ Housing Ac=t, b~ iirill ad~ execute or file fa~ recad aay iastcnmeat
which imposes a te~striction upon the sale a occupaacy of the mortgaged propedy oa ~the basis of race. colo~~ a
cieed. Upp~ any viol~tlaa of this uadertaking, tbe matgagee mey, at its opti~, declare the ur?psid balance of the
debt sec~ed 6ereby immed'utely due and p~yable.
15. The iooct~goc fnrt6er coveaaats dwt s6ould this mortg,o~s aad th~ aote a~cnred b~eby not b~ eli~ibb
Eor iasurauce nodec t6e Natloa~l Honsln6 Act within 'j$i~j I,~ayi from the date heced (wcitten stateoeat
of aay o~kxr d tbe D~pactmeat d Housie~ aad Urbon OevelopaieM a•aRhorised ~~ent d the Secretary af Hons-
ins ~nd UrbaA Developareat dated subs~q~eeet to the T'hittr 1?ay: tiwe tros the date d this aatp~e,
d~clinlaa to iasnre said note wd this ~soct~,a~e. bein~ deeoed conclusive proof aE such iaeU~ibility). tbe mort~a-
see a~ the hoMet af tbe note owy. at ib optim, declue all sua~s secnred 6enby imeediately dne snd payeble.
T6e coveoaats herein coatained shsll bind. ond tbe beuefits and advsata~es shall inure to. tlre respectlve
beics. esecutas. adelnistatocs. s~ccessa~. and assip~s d the partles heceto. wbe~ve~ used. tbe sintulac num-
ber sball incl~t tbe plnral, the pinral the singular, aed t6e use of ~ny gendec shali Iaclnde all geaden.
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