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the deficieACy. Such payment ahall be mads i~it~i i ~~~(30 atter written notice [c+om the Mortgagee
atating the smount of the deficiency~ whic+A 4~o~t~~ay be.~v~"
eti by mail. It st sny tittte. the Mort~agor
aha~l tender to the Mortgegee in acoordsnce wi~h the prov~ona ot ihe note secured hereby. [ull p~?ymen~
oi the enti~+e indebtednees represented thoreby~ the Mor;gagee ~s truatee shall, in oomputing the ~mount oi
. auch indebt~ednees~ credit to the nccoun~ of tha M aay credit bai~nce re~n~inu?g under the provisioas
of oi e~tidp~tragrsph 2. It there shall be s~efa~der any ot the pmvisioAS o! this mortg~g~ reeulting
in ~t~ public sale of tho premiees covered herehy, or it t~he Mortgsgee acquires ~he prope'r6y oLh-irwise after
def~ult~ the Mortgagee ae trust~ee ehsll ~pply, at ths tame of ths oomme~cement of such proceedinga at
the time the property ia ot6erwiae acquired~ the araount then remsining to credit oi Mort~agor~ader oi ~
Pa~'a~rsPh Z Prey~dinK ae a credit on the i~tere~t accured and unpsid and the balRace to 1he priacipal t~ea
l'e~tII1Dg 11A~id OA ~ld nAt,~. 1
4. H! tif~ ~ME~R11~~r QitAt ~ Ot~~~~~ ID11O~~jN~ Obll~ $plM~ Ot
~~~0~ t0! w~Qh ~OY~On hM DOt ~ECII ~~Oib~ ip~ . l1~[~11lL ~s'00~ ~ ~Ol~~ II1~ ~ ~
r00j ~ ~t b0 ~ ~[+0~~ ~YQt ~ ~ 1~00E~~i ~O~T ~0 ~Q ~Or~'~l~.
N~ pEl~~ OO~fy d! N~a! n0 wY~A~ ~IDjl~lmQidt. O! a0~0i~t~Op Of i~ ~ a' ~0[ ~
~OE~ Z+EMaO~ 1?~ iII~ ~LT' ~ d~fr 0~ ~~i~11~ O~ ti0 ~Qp tN~~ On ~
pl~~ ~ thOM t0 0~ ~~ll+~~ 0! ~p[+09~EII~ iII 600d bQ~t 1~ MO~pe ID~/
oi aah and
~ wo6i
tp~ymea ~1~ br~due and P~1Y~ i~~Y (~~~1ri~~nd. aad ahall bs a~eonr~bpr
tbs liea cf t,his mo~t~~s. • .
d~. He wIII p4y all and ~tnauLr thsre~osM, ~obu~~ad ea~P~, ~1~~ ~o~nab3s Lwyes's feee, ~ad oosts
ot abstx~?ob ot tltle, inoure~ed or paid at uy ti~~r' ort~ee bee~uee of tLe fsilure on the p?rt of the Msf,~
~a~, +~11 be inoaoedi~~ dus ~nd ts of e~d pe~o~ieeory note and t6is mor~g~
, a C aaid
p1yr~~bis sod tlull bs ~ecured by tbe lien of tbns aQOrtp~e~
i
7. He will oont~anans~ mait?Laain hasad i~uraaos~ oi anch Zjpe or and aanounte as Mort~ag~es nu~
from time to time requirs, on tLe improvementa now or ~ee+e~ttier on sai and e~coep0 when pyment
s
tor all such premiums Las tLeretoiore been made uadet (s oi 2 Lereof wiU p~y
due any premiums therefor. AII ineuranoe s~hatl be ~ in ou~K~ ~ P~Y P~and t5 ~"hen
P~ sPPrnv
11io~ e poli-
cies aad renewals thereoi ehaD be beM b~ Mortgagee and ~is sttached tLeretio loee p~~abls uees in is~or oi ~
aad in iorm aooep4?ble to Ws M In eveat af bes he will giva immedists notace by mail to Mortgagee,
and M may maks proolN~ ii noti mads P~'omAtb? b7 ~~rJ ~d. e~oh inwran~os.oompaa~
ooncarneda~by~ sutbori~ aud directed to mate psyment for aucL law du+ect~ ~o M .~t~d af
to Mortgr.gor and Mortg~gee 'oia~y, and the insuraaoe pm~eeds, or aq~ part tiie~~ m~y be~ by ~iort-
med
~agee at ita option either to ~e reduction oi the indebtedness hereby eecured or to t~e res~ora4on or repair of
t~e property dama~ed. In event oi forecZoeure of tZis mortgag~e, or other tnaster oi tit~e to the mortgsg~ed
p~+operty ia eztingwshmant oi the iadebtedness secured Lenby, all right, title, and intereisL oi the Mortgagot
in and to aq~ insuraaoe po~es~ t~? ia foroe ahall psss to t~hs pur~e~ or gnatee.
8. He will noti c~zecute or Sle of reoord any instrument whic6 impoees ~t nstriction upon the ssle or vccu-
pancy of the pmperty described hereia on tl?e basis of raca~ color, or creed,
9. If the premises, or any part thereof, be condemned under the power of eminent domain, or aoquired
for a public use, t~he damsges awarded~ the proceecls for the Lskin of~ or the oonaidetation ior such aoquisi-
tion, to the extent of tbe Iull amount oi the remaining unpaid -~ebtedneess~curec~_ Ly this mortgage, are
herebv assigned to the Mortgagee, and his heira or assigna, and stisll be paid fort6ivith t,u, said Mortgagee
or his ee to be applied on uocount of the laet maturing inst,ailments of such indebtnesa• provided;bo~-
ever, th~ortgag~e or his a~ignee, map st hie aiscreLion psy ditect to the Mortgagror, hia ~eirs or assigns
any pnrt or sll o{such aw4rd; pmvided, that if the loan is guarant,eed or inaured, tihe ooneeut of the gu~raa-
tor or insurer ia obtained in advance of said ymeu~
10. The Mortgagee may, st any time pen
'~ng s suit upoa ttus mortgsge~apply.to the court hsvin~ jurisciic-
tion thereof for the appointment of e receiver~ aad such court a6all fort~ivn s~point a receiver of the premises
ouvered benby all u?d singular, ittcludin~ all and singular the inoome, profits~ t~sues, aad revenues from ~vhnt-
ever souroe denved, each and every of w}uch it beu'~g expresaly underst~ood~ ie here6y p?ottg~ged ~s if specificalty
eet forth and desciabed ia the grant.u~g w~ hsbenndum clauses hereof. 3uch appointrnent ahatl be made by
auch oourt as an edmitted equ~ty and a mstter of abeolute right to ssid Mortgsg+ee, and wit6out refetence to
the adequacy or inadequacy of the value of the pmperty mortgaged or to the solvency or insolrency of said
Mo ga~ r or the defendaats. Such renta pmfits~ income~ isaues, and revenues ahall be spptied by such receiver
~aocH+dfng~ to the lien of this mortgage an~ th~ pnctice of auch coeut. In the event of any default on the part
of Lhe Mortgagor hereunder, the Mortgag~or a~rees to psy Lo the Mor on demsnd as a ressonable monthiv
reutal for tbe premises an amount at leaat equivslent to on~tweltth of thea~ga
te of the tMrelve montblv
instaUmenta psyable in the then current year plus tha sctu~l amoun6 oi the aanual tsxes~ aeeessments, water
rstes, ond insuranoe premiums for euch year not oovered by the aforesaid monthly paymente.
11, In the event of any bresch of tbis mortgage or default on the put of tLe Mortgagor, or in the event
thst aay of said auma oi money herein refetred to be not promptly aad fuUy paid according to the tenor hereoi.
or in the event that each aad every the atipulations, agreemeuta, condit,ions, aacj-ooveaants of said note and
t6ia mort~age~ are ~ot duly, promptly~ and fuUy performed or if the Mortgag~or be sdjudicated bankrupt or
made defendant in s bankruptcy or receiveiship pmixedings; thea in either or ~ny such eveat, the said
gate sum mentioned in ssid note then rem unpatd~ vjath interest ~ac.~n~ed. i,o th~ti time, and ~U m~
aecured~tiereby shaIl become dt~e aIId psyab~ortbwitb~ or thereafter~ at the option of said 11tortgagee, sa
fully and oomp~eLely ae if all tbe se~id suma of money wer~ origi,nally atipulsted to be paid on such day, an~-
thing in ssid note or ai this mort~aage~ to the contrat~? notwithstanding; and thereupon or thereatter, st the option
of said M ~ without not~ce or demund~ etut aL l~~v or in equity, msv be prosecuted as if all monevs
eecured hereb ~ tga
y ad mstured prior to its institution. The Mor gee may foreclose t~his mortgage, as to the
amouat eo declared due and psysble, and the said premises shall~e aold to aatisfy and pay the same together
~vith casts e~cpensea, and vlowances. In case of putial foreclosure of this mort , the mort~~p
rrmises
shall b~e ao~d subject b the continuing lien of thia mortga~e for the amount oi the d~t not tDen u~ e
and iinpuid.
In such caee the p~+uvisions of this puagraph may agaui be ava~ed of thereaiter fr~m time to tiaie by tiu
Mortgagee.
12. No waiver of aay oovenan~ herein or of the oblig~tion eecured hereby ahall st any time therestter be
Leld to be s asiver oi the terma hereof or of the note eecured henby. .
13. The liea of thia instrument ahail reanaia in fuIl force and effect dur,ing sny postponement or extension
of the time of payment of the indebtedness or any part thereo! secured hereby.
14. This mort~`ag~ ia givea to aecure the purchsse money, or s pu6 thereoi, of the l~nds herein described
and ia ezecuted aad delivered coAtemporaneously with the deed theretor.
15. Ii the Mortg~ detault in aay of the oovenante or agrcements oontained 6erein, or in aaid nate, then
the Mortgs~es may perform tt?e same, and a11 eapenditures ('u?cluding reasonable attomey's tees) msde by the
Mort~a~e m so dou'~ shall draw intereat a6 the rste pmvided for u? the principsl indebtedness, end al~ull be
b
payable ~~(30) daya ~?fter demaad, and, together with intereat aad c;osts accrued tihereon, shall be secured
t~s
18. Upoa We request of the Mort,ga~ee the Mortgag~or shaII ezecute aad delivu • supplementa~ pote or
nates for tbe snan or suws advanced by the Mortgsgee for tLe alterstion, modernization, impmvemeat, main-
teaance, or npair of said pnmisee, for taucea or as~esments againat the ssme and for any other purpose audior-
ised henunder. 3sid note or notes a6all be secure~ hereby on • puity with and sa fully as if the advaace
e~idenoed tbereby were inc,~uded in tha note fu~sL d~~~~. Said su lementa! note or notes shall beu
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