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That he w~ll pcrmit, cumm~t, or sufter no wa~te, impairmcnt, or detetioration ot said p~oExrly or uny purt th~~reuf, .+nd in the c~•ent ol the (aih~~e of thc mortKa~;o~ to keep ihe buildings on sa~d prem~ses and those tobe er~•cted on said p~em~ses, or ~mpro~~~•ments thereon, in Rood repair, the mortg:,gee may make such reµ~its as in its disrret~on ~1 may deem nec~•ssary [o~ the p~oper prrser~~at~on thereo[, :+nd the tuil amuunt of each and every such ' pa~~ment shail be immediately due and pa~~able, and shail be securecl by the lien o( th~s mortg~~ge. 6 Th:+t he wiU pay ~+I1 and s~ngular the catits, ch:~rges, and ex~nses, includ~ng reasonablc lawyer's fees, <~nd cu.ts u( abslracts o( tiile, incurreei or paid at any time bythe mortgagee.because of the failurr un thr p:~rt o[ thc murtg,~~;ur piomptly and fully to pet(orm the agreemeots ~+nd covenants o[ said promissoty notc and this mort- gag~~, and said cu`ts, charkes, and exExnse~ shall be immediately due aod p:+yable and shall be secured by the lien of fhie mort~;aRc. 7. That he w~ill keep the impro~~ements now• existing or heceafter erecled on 1he mortgaged property, insured as ma~~ be required from t~me to time b~~ the mortgaRee against loss b~• fire and other hazards, casualties, and contin- Kencies in ~uch amounts and for ~uch periods as may be required by mortgagee, and will pay prompUy, when due, ~inti~ premiums on ~uch insurance for paymeat of which provision has not been made hereinbefo~e. All insurance .haU be carried ~n companies appro~•ed by mortRagee and the policies and renewals thereof shall be held by mort- Ragee and ha~•e attached thereto luss p:+yablr clauses in favor of and in fotm acceptable to the mortgagee. ln a•~~ent of lo~s he will ~i~~e ~mmediat~ notice by ma~l to mortgaKee, and mortga~ee may make ptoof o( loss if not madc• ptumptl~~ bp mortRagor, and each insurance c~mpany~ conce~med is hereby authorized and directed to make p.~~~ment for such loss directly to murtgagee instead of to mortgagor and mortgagee joinUy, and the insurance pro- cecds, or any part thereof, may be applied b~~ mortgagee at its option eiiher ta the reduction of the indebtedness . hereby secured ur to the restoration or repair of the propert~• damaged. lo event ot toreclosure of this mortgage or otl~er transfer oE title to the mortgaged property in extinguishment of the indebtedness secured hereby, all right, - title, and interect of the mortgagor in and to any insurance policies then in [orce shall pass to the purchaser or : Kra nt ee. 8. That the mortgagee may, at any time pending a suit upon this mortgage, apply to the court having jurisdic- t~on thereof for the appoiniment oE a receiver, and such court shali forthwith appoint a receiver of the prem~ses co~~ered hereb~• all and singular, including all and singular the income, profits, issues, and revenues from whatever ~uurce de~ived, each and every of which, it being expressly understood, is hereby mortgaged as if spec~fically set [orth and described in the granting and habendum clauses hereof, and such receiver shall have all the broad apd effect~~•e functions and powers in an~•wise entrusted by a court to a receiver, and such appointment shall be made b~• such court as an admitted equity and a matter oE absolute right to said mortgagee, and without reference to the :+dequacy or inadequacy of the value of the property mortgaged or to the solvency or insolvency of said mortgagor~ ur the defendents, and that such rents, profits, income, issues, and revenues shall be applied by such receiver ~+ccording to the lien of this mortgage and the practice oE such court_ [n the event of aay default on the part of the r~ortgagor hereunder, the mortgagor agrees to pay to the mortgagee on demand as a reasonable monthly rental for the premises an amount at least equ~~~alent to one-twelfth (1 !12) of the aggregate of the twelve monthly install- nsents pa~•able in the then current year plus the actual amount of the annual taxes, assessments, water rates, and ?nsurance premiums for such year not covered by the aforesaid monthly payments. 9. That (u i in the event of any breach of this mortgage or default ott the pad of the mortgagor, or (h~ in the e~•ent that an}• of said sums of money herein referred to be not pcomptly and full}~ paid without demand or notice, us r~•~ in the event that each and every the stipulations, agreements, conditions_ and covenants of said note aad this mortgage, are not dul~-, promptly, and fully performed; then in either or any such event, the said aggregate i sum mentioned in said note then remaining unpaid, with interest accrued to that tirt~e, and aU moneys secured k hereby, shall become due and payable forthwith, or thereafter, at the option of said mortgagee, as fully and com- i pletely as if all of the said sums of money were originally stipulated to be paid on such day, anything in said s note or in this mortgage to the contrary notwithstanding; and thereupon or thereatter, at the option of said mortga- - ; gee, without notice or demand, suit at law or in equity, may be prosecuted as if all moreeys secured hereby had ; neatured preor to its institution. The mortgagee mey foreclose this mortgage, as to the amount so declared due and • ~ payable, and the said premises shall be sold, to satisfy and pay the same together with costs, expenses,and allow- ~ ances. In case of partial foreclosure of this mortgage, the mortgaged Premises shall be sold subject to the con- ~ tinuing lien of this mortgage for the amount of the debt not then due and unpaid. In such case the provisions of ~ tliis paragraph ma}• again be availed of thereafter from time to time by the mortgagee. ~ ~ 10. That the mortgagor will gi~•e immediate notice by mail to the mortgagee of any conveyance, transfer, or r change of ownershi~r of the premises. ~ 11. That no waiver of any covenant here~n or of the obligation secured hereby shall at any time thereafter be ~ held to be a waiver of the terms hereof or of the note secured hereby. ~ 12. That if the mortgagor detault in any of the co~•enants or agreements contained herein, or in said note, then the mortgagee may perform the same, and all expenditufes (including reasonable attorney's fees) made by the ~ r~ortgagee in ~o doing shall draw interest at the rate set forth in the note secured hereby, and shall be repayable ~ immediatel~• and u•ithout demand by the mortgagor to the mortgagee, and, together with interest and costs accruing ~ thereon, shall be secured b}• this mortgage. = 13. that the mailing of a written notice or demandaddressed to the owner of cecord of the mortgaged premises, ~ or directed to the said owner at the last address actually furnished to the mottgagee, or directed to saidowner at G said mortgaged premises, and mailed b~• the United States mails, shalt be sufficient notice and demand in any - case arising under this instrument and required by the provisions hereof or by law. 14. The mortgagor further covenants that should this mortgage and the note secured hereby not be eligible j3 for insurance under the National Housing Act within 30 DAYS from the date hereo[ (written statement of an}~ officer of the Department of Housing and Urban Development or authorized agent of the Secretary of Hous- ~ng and Urban Development dated subsequent to the 30 ~AYS time from the date of this mottgage, " deciining to insure said noie and this mortgage, being deertr~d conclusive proof of such ineligibility), the mortga- gee or the holder of the note may, at its option, declare all sums secured hereby immediately due and payable. The co~•enants herein containpd shaU bind, and the beneEits and advantages shall inure to, ihe cespective heirs, executors, administrators, successors, and assigns ot the parties hereto. 14henever used, the singular num- ber shall include the plural, the plura] the singular, and the use of any gender shall incl~de all genders. b;< 'r< ~ ~ ~ f 4UaK 19l :e~ _ - ~ _ - : ~~a