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3. To plaoe and contiiwously keep on th~ buitdirgs now or F?Kesfta dtuate oo s~id land and on all equipment and pe~soosliy covertd by this morlp-
ege, with al) prsmiums therson paid in ful4 fke insursnce in the uwsl sta~dard poticy form, in a swn approved by the MORTGAGEE, aod windstorm
inwr~noe in the uwal stsndard policy form, in a wm ~pproved by the MORTGAGEE, in wch company or compsnies ~s the NtORTGAGEE miy
directj ~nd ~II firo and windstwrn inwranos policies on ~ny of said buiWirps, any inMres~ therein or put thereof, i~ the apgreyate wm aforesaid or
in euceu Ihe?eof, sAall contain the uswl standard mort9apse davse or such aher d•use as ~M Mwtyagee may rcqv'a•, msk'ug Ihe loss under said poli~
cies, each and every, p~Yabk ro saW MORTGAGEE ss in interest rt~Y apAea~. and eacl? and every such poticy shslt ba promptly ass:yned and delive?ed to
any Mld by wid MORiGAGFE u furthn security to ssid mortya9s debt, and, not kss than ten (10) days in sdva~te of the expiration of each poficy, ro de- ~
liver ro a~id MORiGAGEE ~ renewal thenof, topether with a receipt for the premium of suth renewal; and there shsll be ra fire or windstorm inwrance ~
plsced on ~ny of s~id bui{dings, any interest tl~erein or part thersoi, vrJess in the form snd with ths loss psysble u aforesaid: and in the event ~ny wm
of nwe»Y peownes paYabl~ under such policy or policies aak! MORTGAGEE shall hsve the option to ~eceive .nd spply the ssme on account of the indebted~
neu secur~d hereby a ro permit s~id JNORTGAGORS to reteive and us~ it or any part thereof for other purposes, without thereb~ waivi.~g or impair- {
urg ar+Y equFtY. lise a riQhf wider or by viriu~ of this mortya9e; and in ths event said 1NORTGAGORS shall fw any reason faif ro keep the said ptemises w
intured, w fail b deliver promptly aoy of s~W policies of inwrsnce to said MORTGAGEE, or fail promptly fo pay fvlly any premium therefw or in sny
respect f~il b pNFornt, dischuye. execute, eff~ct, complete, oort~ply with +nd abids by this covenant, or sny pan hereof, said MORTGAGEE may pisce and
P+Y ~ wd~ im~ranu or any put thersof without waivirg or affectinp any opYwn, lien, eq~ity, or right ~nder or by virtue of this Mortqsgs, ~nd the
fult amount of exh a~d ewry wch paymer?t shall be immediatety dw ~nd parable a~d shall bear interst from ths dats thereof until psid af ths rats of
nine par untwn pe~ annum and together with urch interest shall be secured by the lien of this mortpage. . •
To permit ooemnit o~ wffa no waste, ienpaument a deterioration of said property or ~ny paA thereof.
5. To pay ~II ~nd siepulr tl+e casn, ch~roes and expa+ses, indudiny s reasonable ~norney's fee sod oosn of sbstracts of title, incuned or paid at
eny time by said MpRTCaAGfE, because or in the ewnt of the fai(urc a+ the p~rt of the said MORTGAGOR to dvly, promptly and fully perfo~m, dischsrgR
rxecvte, tHstt, oompltt~ oomply with and ~bide by each and every the stipulations, agreemenn, co~ditiaro, and oovenann of ssid promissory note ~nd thw
+*+orty+pe +i+y or ei~ha, and said aosts, chuges and experws. each and every, ahall bs immediately dve and payable: whethe? or not there be notice dr
mand, atttmpt to oolfect w wit pa~dirg; end the fvll srravnt of each and.every s~xM payment shall bear intercst from the date thereof until paid at the
rare of nirK per centwn per annum; ~nd all said oosri, charpes and ezpenses inwrred a paid, together with such intuest, shall be setured by ths lie~ of tha
'^a?9+4~- , ~
6. That (a) in th~ eveM of any breath of this Adortya~ w default on the psrt of the MORTGAGOR, or (b) in tl+e evem any of ssid sums of nwney
herein referred to be not promptly ~nd fully paid within thirty (30) days next after the same severalty become due and payable, withovt dem~nd p notice,
or in the event escfi and every the stipulations, sgreements, conditions ~nd covenann of ss~d promissory note and th~s mortgage any or either are rwt
iuty, prornpNy and fully perfwmad, disct~+rged. ~~eecuted, effected, compkted, lied with and abided ra ~
comp by, then in either or any such evem the uid ag j
gregah wm mentioned in said prpmissory rwte theo rem~ininp unpaid, with interest acuued, and all moneys aecured hereby. shall become dw and pay~ f
able forthwith, or tFxresfter, ~t ths oprio~ of said MORTGAGEE, as fully and completely ss if all of the said wms of money were origirNlly stipulated
to be paid on svch day, anythinp in said promiuory note or in this Mat~a~e to the contrsry notwithstanding; and thereupon p thereafter at ihe option of
said NIORTGAGEE, witFw~it noliu or demared, wit at law or in p~ity, ilxrefae w thereafter begun, may be prosecuted ~s if ~fl ma~eys sawred he~eby
had matwsd prior to eK L~stitvtion.
7. Th~t in ths went that et the beyinninp of or ~t sny time pendirg any wit upon thq Mortgage, or to foreclose it, or to rofom~ it, or to eofwo~
payment of ~ny daims he.e~nder, said MORTGACsEE sMll apply to the Coun h~ving jurisdiciwo thereof for tf~e appo~~tment of a Receiver, svch Court shall
FwthwiM appoiot ~ reteiver of said mwt9aQed prt~pe~?y all and sinyulsr. lnclud~ng all and singular the income, profits, iuues and reven~es from whatever
coures daiwd, exh tnd every of wli~ch, it beinp exprestly understood, a hereby mortgsged as if spec~fically set fwth and de~cribed in ihe prantinp and
habendurn tlwaes he?sof, ~nd svch R~csiv~r sMll have all the broad ~nd eHectiw fvnct~ons a~d power~ in anywise entrus/ed by a CovH fo • Reteiver, ~nd
such appointment shatl be made by wch ~purt as M admi»ed eqvity u+d ~ m~tta of sbsolute right ro said MORTGAGEE, ~nd without referena to the
adeqvacy a lnadeqvacy of ths v~tve of the p~opKty mort9~ged er to the sohr~ncy a insolvency of said MpRiGAGOR w the defendants, and ~ha~ such
.enn, profin, uxaes, iswes and r~verx,es si~U be ~ppl'?ed by such Receiver accordiny to the lien or equity of said MORTGAGEE and ihe prac~ia of such
CouA.
e. To d~?ly, prompth and fvlly parform. discMry~, execvte, effect, compkte, comply witfi snd abide by eath and every ths stip~rlatiom, ~yre~menis,
c«?ditio~s ~nd corenants in ~aid promiuo~y not~ snd this mortyage set forth
4. TAat in tAe evenr rh~ ownenhip of rhe n+orfg~p~d p.ernisss, w.ny part thereof, becwnes vesred in a p~rwn orher than tl» RAORTGAGOR, rh~
MORTGAGEE, its wcces~ws uid assions, may, witFwut notic~ to th~ N1pRTGAOR, deal with such wcceua a wccessw in interesl with refer~nu to this
mor19~ and the debt hereby satured "m tht sarn~ msnner ~s with Mort~syor withovt in a~y w~y vitiafinp p ditch~~gir~ the Mwtysqors' liibility h~rr
under a upon tM ~M he«by secwed. No sal~ of tl+~ premises herebp mort9aqed ~nd no fabe~rance o~ the• pan of ~he MpRTGAGEE w its succeuws
w auipaa ai+d no extension of tl+e timt fa the payment of the dsM hereby secwed yiven by the MORTGAGEf a i» sucusson a ass~yro, aMll operar~
to rtlwt, d~sct~r~, nq~ify chanpe a•ffact th~ aipir?~I liab;lity of the MORTGAGOR Mre~n, sither in whole a in put.
10. h is spec;f;c~lly ay.eed that ti~ne a of tM essenc~ of thw comract +nd tMt no wsiver of ~ny obl~qat~ h~reunder or of th~ obtipaYwn s?
cur~d h~reby slyll at My tim~ ther~ahar b~ he{d ro b~ • w~iwr of the tams hcreof o? of the inst~wnent secwed herby. "
11. In add~~i«+ to Me forego:.+q monthlY WY~ts of pinc~pal uid ime+sst required by ~he prom:ssory nore secured hereby, mwtyayor cov~na~h~
e~+d ~..a ro P.y ro ~w.ry,~r wirh each maahly paymsnt an add~iiona! sum est~mated by mor~ya9ee ~o be equal to 1/12 of the annwl cost of the idlow-~
~ng:
A-AI~ re~l prope.ty u:~s Iwild p 1tf!lSad ~yairyt t1~! ~bOV~ dlftri~ ~NI estate.
d-Premiwro on fire and windstorm insws~ as h~rein requ:~ed to oe urried on the ~mprovements sitwte on the above dsscribed prernisy,
t-Premiums on wd+ ^'ort4q~ 9u+ranty k+~wa.+ce ss ?nwrg~ ~h+11 hon+ rinw to ~in+e deem tit to cury on the loae secured 1»r~by
Mortpa~~ shaU from tim~ 10 ?irM ooeify mwtya9or in writin~ oi the smouM dve and pa~ibk herevnder and exh wrn shall the~t~pon b~ du~ ~nd~
P+Y~bI~ a? the dw dat~ of tM Mit monrhly p~Ymsnf and ~ach succeasive mo~th ti+ereahsr ur,til mortqa~ shaN notify mortsa~or of • in wch
anw~wN. Suck sunu shal! b~ pplied bp maf~aQ~e ?ow+?d tM P+Ym~n! oi nd prop~rty Hxea, i~sur~r~ prsm~++m~. ~nd '*art4+4~ 9~++~+~+~Y ~
WNniwn~.
IN WITNESS WHfREQf, tMr wid JYIORTGAGOR hp herhrnto f~et hia h~nd and ka) th~ day and y~ar fint ~(or~id.
S ~ S~aMd ~nd ~liwr Ih~ pna~na oh ~ ` -yy~
~C~ ~M1~tA~iN~ as t0 gYltOA rd /'c~~_.~~_/~•~n ~~4T'^'v'NL~ ~y~n
~ca~riin Manvill• ~
)~tita~ssts •s to ~
' ~,~w~-• )O~nna M. P~tri• ------r__cs..o