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the deficiency. Such payment ehal?'ba, ~de wi~fiy ~,y(30) daya atter writtsn notice trom the MortgPgee ;
atating th4 a~nount oi the deRcienc~~ rrfi~ch no~1c~ i~y be g~ven by mail. It et any time the ~+tortgagor +
ah~~l tendet to the Mortgap,ee in accorclance with the pmvisions of the note aecured he~eby~ full paymeat ~
of the entire indebtedaess repreeented thcreby~ ihe Mortgagee as trustee shaU, in oomput,ing the smount of
such indebteilness, credit to ~he account of the ;~tortgagor any credit balance remainin~ under the pmvisioaa
of (a) of ssidparagraph 2. it there ahnll be a default ut?der any ot the provieions of t is mortgage reeult~n
i~ i public sale oi the premises rnvered heceby~ or it the Mortg~ges acquires the pmperty othetwiae atte ~
det~ult, the Mortgugae as trustee ahaU apply~ at the ~ime of the commencement oI such proceedings or at ~
the time the prpperty is otherw~se acquired, the amount then remaining to credit of Mortgsgor under (a) of ;
pars~raph 2 preoeding ae a credit on the intcrest accured and unpaid and the balance to the principal then ;
cem~QU~g unpsid on eaid note, ;
4. He will p~y all ta~oe~„ a+e~ee~ment~. wste~ rate~ ~ad otbee~oveenmenW ae muniap~l cha:'6e~. Sae~, os t
io~postione, far wbioh p+oviaion b~s aot been m~de L~einbsiore, and in detsult thereot t6e Mort~es muY Py? ths
~aao~e; and t6s! hs wtll proa~pyy deliver the o~l reoeipts ~6eretor to t6e Mwt~ee. .
b~. Hs will pnrn?it~ oanmit, or suQer ao was~e~ imp~iraoeti or det+erioratioa et sa~d pcoper~r aaqy Qast theteof ~
e~oep! rea~oaabls wear and t~ear• aad in the even! ot ths i~ure of the Mort~or to kee We t~uil
premi~e~ aa~d thaes to bs ee~qctec~ os s~iW p~oi~e~. at improreoaents thereon~ ~n p d~ oa aai~
make wieh zepii~ a~ in it~ diaasetio~n it m~y d~e~em n~eoeeeaey for thepro the Most~ee ma,y
~ a?oh and e P~ P~~~tion t6~eo~, end the full amoun0
a oh very suoh p~ymen0 eball bs dus and MYsbk tLirt,~? (30) dwrs atter dem,*nd, and ~6a11 bs ~eeured by
ths liea ot this mortp~s, x' ; i~~
6. He wiU p~y sll snd dnauLr t~s oosts, ~ad ezpeases, iadudina reasanable bwyee'~ Iees~ a~nd ooet~
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P~'omP~1Y ~d i~r to pe:torm tbs a~ee~nents aad oovenaata ot said pz+omieeory note and this mort~a~e, snd s~:d
oosts. char~es. aad eocpenses s~11 be immediste~jr due aad p,yabis and s6sll be seeured by the lien of t~,a mortpae.
7. He will oontinuousb mi?int~un hasud insunnae, ot auch t~pe or types and a~wuats as Mortgagee ma~ ~
irom time to t,ime raquire, on the impmvementa no~ or Lereaiter on said premises aad exoept when parneat ~
tor all such premiums hss tLee+etatore been ansde undat oi paragrs a Lereoi ~e ~vill p y
due sny premiums t6ere{or. All insnraaoe shall be cariied in oumpanies sPProvec~ b~ 111o
rP~1 P~and ~the poli• ~
cies and renewals t6ereof ahall be Leld b~ Mortgagee aad ha~e attached thereto bss pay~ble crauaee ia fsvor of ~
oes
and in form a,ooept~abb t~o LLe M In e~ent oi Loes he wiU give iaamediate notice by mail to Mortgsgee~ ~
aad M~~~ ma~ maice pmoi ii noL made Pi'oa?Ptl~ b7 MortB~gor, aad e~ch imura~oce oompan~ .
ooncerned
is-Lereb ~utborised and direated to maks psyment for such loes direc~y Lo Mo~t~~ u~stead ot ~
t~o Mortgcgor and ~ortgagee 'oin~y , aad the insuraaoe pmcaeds, or w part there~f auy be sp~tied by 11fort-
~agee at its option either to ~e reduction oi the iadebtednese Lereb~ secured or to the restontwn or repair oi ~
tLe prope;rty daona~ed In eveat oi foreclosurs oi tbis n~or~g~g~, or other transfer oi title to the mortgaged
p~+oPertY m estingu~shment of the indebtedness secured Lerebj; all right, tida, and iateneti oi tbe Mortg~g~or ~
in aad to aq~ insurance policies~ then ia foroe aLall pa~ss to tbe purcb~~eeor or gnutee.
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8. He will not e:ecute or Sle of reoord an mstrumeat which im ~
y~ paaea a restriction upon the sala or oocu-
pancy of the property deecribed henein on the baais of nca, oolor~ or creed.
9. It the premises~ or any part thereof, be condemned under the po~ver of eminent domain, or scquired
for a ublic use the damages awarded~ the mceeds for the taking oi or the consideration for such soquisi- ~
tion, o the extent of the full amount of the
remaining unpaid indebtedness setured by this mortgage, are }
hereb~• assigned to the Mortgagee, and his heirs or assigns, and shall be paid forthwith to said Mortgagee
or his nce to be applied on account of the lsst msturing installments of such indebtnese; provided, bor: -
ever, the ortgagC?e or his assigaee, mav st his discretion pay direct to the Mortgagor, hia heirs or asaigns
any parc or all of such award; prnvided, thst if the loan ia guar~teed or insured, the oonsen~ of the guaraa-
tor or insurer ia obtained in advance of eaidp yment. }
10. The ~lortgagee m~y, st ~np time ~end'inag ~ auit upoa tnis mortgs~e~~pply to the oourt hsvin~[ jurisdic-
tion thereof for the sppointment o[ a nceiver, and such oourt shall forthv~n ~~point a receiver of the premises
uovered hereby all and singulsr. includin~ ali and aingulu tha income~ profits~ isaues, and reveaues fm~ u hat-
ever eoun~e denved~ euh and every oi ~-hech~ it ~e=preeely undentood, is henby mortgaged as if specifically
eet forth md descnbed in the granting sad hsben um cl~uses bereof. Suc6 appointmeat shall be made by
such court ~s an sdmitted equity and a matter ot absolute right to said ~fortgagce, and without reference to ~
t6e adequscy or inadequacp of the value of the propertp mortgag~ed or to the solvency or insol~ency of ssid
Mo r or che defendants. Such r+enta profits, inoome~ ~ssues, and revenues shall be applied by such rECeiver f
accarr~'ng~ W the Gen of thie mortgag~e an~ the practice of such court. In the event ot any default on the put ~
of the ~iortgsgor hereunder~ the ~iortgagor s~reea to psy to the tiiort egee on demsnd as a reasonabie moathlv ~
rental for the premises an unount ~t ~east equlvaleIIt to oAe-t~Yelft}l of thea~egs te of the twelve monthlv f
instailmenta payable in Lhe then currnnt yeu plus the actual ~mount ot the annuat ta_tea~ aaeeesments~ wat~er =
rstes, and insursnce premiums for such yeu not covere~ by the atoresaid monthly p~yments. ~
11. In the event of any breach of this mortgage or def~ult on tde part of the M~rtgagor, or ia the event ~
that any of said au~os o! money herein niee~red to be not promptly and fully paid a~ording to the Lenor hereol~ ~
or in the event chat cach aad everp the stipulatior~, agmmcnzs, conditic?ns, ~ad ooven~nta ot said note and
this mortgage, ~re not duly, promptly. and fully pertormed or ii t,he 111ortgagur be adjudicated banl:rupt or
made defendant in • baakruptcq or receivershiF proceedingij t6en ia either os wJ snch event, the said aggre-
gate suria memtioned in said note then nmainwg unpaid, w?ith enterest accrued to that time, and ~I! mone~
secured hereby, shall become due and payable forthw~ith, or thereatter, at the option ot asid ~iortg~gee, as ~
fully ~nd oomgletely ua if all the said sums ot money were originaUy stipulated to be paid on such da,r•, an~ - ~
thing m eaid note or in this mort~age to t,he contr~? notrvithstanding; and thereupoa or thercatt~c, st the option
of sa~d M~~~ . without aotice or decnand, s~ut at law'or in eQuity, mav be proeecuted aa ii all moneva ~
sccured hereby had m~lured prior to i4 institution. The Mor may {ocecloee this mortgsg~e, as to the
amouat so declared due ;nd pay ~ble, and the said premises shall~sold to satisty and p~~ the same together
with costa expenses~ iwd a[lowances. In caee oI partial foreclosun of this mortgage, the mortgaged prrnusea
shall be w~d sub~ect to the aoniinuing liea of thia mortg~e i~s the amoun~ of the debt not thea due aad unpAid.
In auch ca~a the provisions of this paragraph may ~gsu~ be a~ailed ot there~fter trom time to time by tbe ~
Mortg~gee. ;
1Z, No ~rsiver at ~a~ oovwu?t henin or ot the obligation secured hereby shall ac any ticne tL~rcattcr bs
Letd to be • wrsiver oi the tesau Lereoi o~ oi tbe note secured henby.
13. Tl~e liea ot this instruneea~ shall nmain in fuU force ~nd eE~ect during any poatponemen~ or ~xtension
ot tbe time oi payiaeat of the in?debtedness or aay part thereot secured hereby.
14. Tbis mort~a~ a given to secure the purch~ money~ or a part Litereof. o( the iaads hereia described
aad ia eiecuted ~nd delire.r~d ooatea4poraneousiy with tt~e deed t6erelor.
15. If the Mortgagor detault ia any ot the ooreaaota or agreementa oontained huein. w in said aote, t~
L6e Mortga~ee m~~ pertorm the eame, and all expenditures (including reaaon~ble attorney's tees) macte by the
M rtg~gee m so dow' gshall draw intereat ~t the c~te providcd tor in tlu princiwl indebtedness, ~ad sl~ntt be ~
rep~?~
ya~ble t~hirty (30) days dtet demaad~ and, together w+ith interest and cvats accrued tharoa, abaU be aecured 1
b~ Wis morti,~+e.
- i6. Upo~n tbe requast ot t,Le M tbe Mortgsg~or shall e:ecute ~ad delire~r • wpplemental aote or
n~otes tor the sum or wms ad~aaced bQ~Mortgagee tor the alterstion, nwdernisation, improvement, m~in-
temanoe~ or npur oi sad premisea, for taxes or a~srsernenta agunst the sune ~nd foc an~ other purpo~e aut1ar-
ised bereunder. Said aot~ or aow ~baU be secured hec~eby on a parity rrith and u tully ~s i! tl?e ud~~nce
e~ideoosd t,bereb~ wer+s iacluded in tDe note fint de~cribed abo~e. Said supplementa! aote or c~otes ah~11 be~r
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