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tendv to the Mortg~gee in acoordi?nce with the.provisions at tl~e note secured l~ereb~~ lull pa~nient ot ths
entire indebtedness represented the.r~bv. the Mortgagee, as trustee~ sh~ll, in computing tlie auount oI such
indebteoneas~ credi~ to the uccount of Llie Mortgagcar ~p oredit~ balsnoe rem~ining under th~? pe+avisiona oi (a)
ot said nph 2. 7t there ahall be • det~ult under sny ot the provisiona ot this uiortgs~e resultmg u~ a
puWic sala o the premi9es oovered hereby~ or it ths Mortgages ~cquira the propert~ othenv~se ~?fter do[~ult,
the Mortgagee~ au rruetee~ shsll ~pply~ at the time of the commencement of such proceedinga or at tl~e tunP
the propert~ ~ otherwise acquired~ the amount then ~emaini~g to credit o~ Morigagor under (s) of.psragrapli 8
preceding as a credit on the interes~ uccrued and unpaid and the bnl~nce to tlLe princip~l Lhen reiw?wing unpsid
on said notR.
He will p~y al! tsuee, ~+esesements, wstar t~?t~es, aad otl~er~o~v~amente~l ae mm~idP~1 ~De0. at
fmpositiom, ior which pe+nvieion hae not been m~?de bereinbetore~ snd in detault thereof iL~e Moctg~8~ ~W? PsY ~
nme; sad t~u?L be will promptly deliver the a~ci~l reoeipta tberefor to tbe Mo=ta,saee. -
b. He will permi~, ooanmit, or suBer no w~ete, ianpatrmea a~ detiriorattan ot s~id peoper~y ae~say pert tbezeof
w~ s
ezoept reseonsbk wear and tear • and in tbe ev~euti af tbe i urs vf tbe M to keep t,ha buildin~s on eai~
peemieee and thoee ta be erecte~ on eaid pe+emteee, ae innpe+ovea~eats ti6ee~oo~n.~~ood t~ep~ir the MortBagee may
mske euch repaim ~s in ita dieeret~ioa iL m~y ~:eoaa a~ry fer tPre pe~oger pe~ae~tfoa tbereo~ ead tha fi~il amount
ai e~?ch ~ad every ~uch p?yment a6~11 be dus ~nd P~J~ ~Y ~~ke damand, ~ ehsll bs eeoured by
tbs lien of this morta~e.
d. He will p~r all sad dn~uLe tbe oo4ts, eL~~es~~ e:pe~ns~+e, inclndin~ re~so~sble Lwyez's iees, und ooets
ai:batracte of title, inentred ot patd st ~?qy ti~ne by ;agee beeauea d t~e failure ~ the part of the Mort~,~
p'~PUY aad i~y to perfarm the s~eeaaeat~s ~d ooveaaats ot add promieeory note aad tbts and e~id .
aad ea~peases sball be immedisf~eb due and p~y~bis aad sh~ll be ~eoured by iLe liea~~ionortgpg~e.
T. Ae w~ oontinno~ maintain basard iaau~aaoe, o~ such t,pe or aad amrnmts as Mortgag~ee may
aao
irom time to time require, aa tLe i~nprovements aow oar bereatt~ on ' and ezoept rvLen payment
tor all such pi;emiums bas'tLentatore been msde tmder a~ p~ragn~ ~ w~t pa~? promptiy wLen
due aqT premuums therefor. All ~nsuranoe sva11 be . in aomP~~ aPPro~ b~ M and the pol~ ,
~i~es and renewale thereuf shall be Leld b~ Mortgagee and have attached tberetio Zoeap ~usee in iavor af
sad in form aooeptable to We M Ia e~ent of bes Le will give immediste no~i~
by~mail to I?iortgagee,
aad Mortgagee msy make,proofQ~~ ii a~o0 made pmmpt~jr by 11do~rtga~o~r~ and each insuraaoe comP~Y
. ~one~rned is ~ereb ~?uthonsed and directed to ma,lc~s p~yme~ti io~ snch lo~s du+ect~ to Mo~rtgagee instead of
io I~iortgsgor snd ~ortgag~ 'oint~,~?, aad tLs i~oruranoe p~+ooeeda, or an~y pa:t tliere~i my+ be_apFlied by Mort-
~g~e at its option e~t~h~ to ~ reduction ad ~hs indebt~dnees ~e~eb~ se~d or ~O t~e resto~ratwn ar repair of
ama~e .
the prope~ dama~ed. In event o~ ~o~s~o~+e ot t~h~ oe ot~L~ t~n~er ~ titk to the mortgaged
pa~opertj m eztingu~stimen0 of tbs indebtednes seanred Le~+ebJs tigh~, i~ie. and int~+e~sti oi t~e Martgag~oe
m a
n
d b aq~ insuranos policiea t
b s
n ia ioros ~
1 pses t
o t b
s p~urLaser or ~rantea.
8. 7t thepremises, or au~ pait thereoi, be eon~lenu~ed nnder the powrr oi eminent, damain or ac~uu~rci for
a publi~ ~ee, tlu? da~?sges a~rarded~ d~e p~+ooeeds for the ' o! or the considention [or sur~i acqu~~t-ion~ to
the extent ot the full amount oi thp t+emaining unpaid inde eecnnd b~ this b~onga~, arn liereb~
aesi~ued to U~e l?songagee, and his 6eia e~ asei~gns, and shatl be paid torihwith to ssid Mortga~ce or lus
aes~gnee to be appli~d on account ot the L~st maturing iastallments oi snch ~mdebtedncas; pmvided, lio~erer,
the Mortgag~ or his aeei~nee, ~nay at his diecretion psr direct t0 th~ Mortgagor, his heirs or assigns anr par`
or all oi sucf? sw ard; promded, th~t if the bau is gwtanteed or insured, tho ooneeut ot th~ ~twrautor or ir~surer
is obtained in sd~ance of said puruient.
Tbe Mort~gee may, .?t any time pe~o6 a.aat opo~ tbie morr~e, s~y to tbe ~ h.vL~ ~u~ion
tbereof for tha sppoint~aneat of a reoe~ver, and ~ eoaut ~6aU tathwIW ~ppaiut a i~eoetver of the pr~misee oovered
Lereby ~11 a~d eingular, inclnding a11 snd e~ilar t6e oome~ P~~, a~~d reveanes from w}~atever eouroe
derived, each and every of whicL, ~t be~n6 eacPe+eeel9 uadarstood, is Let+ebY m~art~ed m if ~dfi~illY aet fortk sad
deecribed in tbe;ranting snd hsbeadum dwea be~eof. Snch~~
taomt ahdl be made by snch eourt aa sn admitt,ed
equity and a matt~er d sbeolute si~ht to ~aid ~ott~~es, ~nd wlthwti ~[~efere~oe to the sdeqwiay or tnadequacy of
the vslue ~!he property mart~ed ar-to t68 soi~cy o~ i~olv~eaay af eaid Mott~yn~oe dr the defendanta. Snch
P~ts. income, iese~ee, aad rev~ennea ahsIl bs ap~~l by snoh reoeiver aeoo~dina to tbe liea of t6is mortg~
and tba prsctioe of sucii oouet.~ Ia t6e eveat of a~ an t~6ep~ of t~e M~,goe ber~under, the Mortgagor
ag~'ee8 to psY to t6e M vn deoosad ~s a=a~sooabie montbly rmtai fc~ tbe pmanises an amount at leaat
~ equivalent to one-tweltt6 af' t~reaa~~ep?te oE the twetve mo~tbly i~Eanmeats psyable in th~ then currenti
year plus the sct,usl amount ~ the taaea, watae ratee, ~nd im~uaaoa p~emiums for such ~?eer
~ not oovered by the storeeaid month~y pe~ymeata.
~ 10. In tbe ~v~ent o[ any br~ch a[ t~ moet~e et delsd~ on tbe patt af the Mort~gorf.ar in the avent that ~
~?y of said eume ~ money here~n ~ftrred to be aot ptmnp~{y and fnily d aooo~~ to the teaar hereof, or in the
~ eveat that esch sad every tbe at~P~, ~ioveasats oT m~id note snd this mort~gage,
are aat dulY. P~ P~
Y. 9 P~ormed; t~ea in e
t
t
l~ e
t ae sny e n
c
h evmt, t
h
e eai
d e~ggregate aum menu' o n
e d
in said note then remainin~ tmpsid, with in~ aa~rned to that timq aad s11 moneya eecur~d hereby, ahall become
due ~?nd psysbk forth~?ith, o~ tbera~fter at the ogt~ o~f e~W Maet~e~ ~a fully snd oompletely as if all of the
eaid'sumg of mo~y ~vere ort~¢nsllp etipu~ated to be paid on atch dsY, ~LhinB in eaid note om in "this mortgage to
the oontrary notwithet~mding; aod ~hee~enpon ae t6ereafter, st t,he qrti~ of ssid Mortgagee, without notice vr
demsnd, suit st lsw or ia equit~, msy bs pe+oeecnted as if atl maneys ~eo~u+ed hereby l~d mstured prior to its institu-
tion. The Mort~agee msy forec~oee tLis mat~ge~ as to t6e amoont eo declared dne aad peyable, and the said
pr~miees ehall be sold to aad pa,y tbe tame to~etLer wlth ooefa, espenaee, and allowaacee. In caee of parti~l
foreclos~u~e of t6ie mort~~,~e mort~edpcemieea ahaII be eold enbjeat to t~~re oontinuing lien of this mortgage
~ far the smouat of the debt not thea due and un ' Ia wch a~se tbe p~ovisiom af t~his P+~r+~raPh maY again be ~
ot p h s
svsiled ~ thereaftRr from tlme i~o ~ime by t6e .
11. No waiv~ ot any ooveasat ber~n or af the obli~tion sec~n~ed Lereby sbsIl at ~~me tl~ereafter be held t
tio be ~vaiver oi the terms Leeeot ae of the note seau~ed Leseby.
~ ' 12. Tbe liea af th~s i~t a6~1 remvain ia full ioroe aad e6ect durtn~g ~ PostPo~nuent ~ exteneion oi
~ tLe time ot p?ymeat eE t6e indebt,ednees ae aiqr psrt th~+eat eee~tred Lereby. _
~ 13f Ii t]~e Mort~or detinlt in aay ef tLe oe~easata or ap+ee~neats oontained hereln, ar in snid note, then the :
~ ]Rortaagee msy pafocm t6e same, tad aIl e:peodit~u~es {including reasoosble sttorney's feea) msde bp the Mortga~ee :
~ in so do alull dra~v int~+est at tLa ratep~ovjded tor in Lbe princip~l iAdebtedneas, and ahall be repayable =
~ ~
m(~ days after dsmands and, t~oget~r witl? inte~cesr and oost~ aoetued thereon, sLall be secured b~ ~
~ ~8+~8
~ 14. Upon the reqnest oi tbe ]~e~ tLe ]~ortgsgor sbaA ~te aad deli~er a snpplemental ~ote er ;
~ notes for_tbe sum ot sums sdvanoed by I~~rtgas~a for the alt~etation, modemiz~t~ion, improvement, main-
~ tenanoe, or rep~ir oi ssid p~temises, !or taxes or a~e~ements agai~ tba same snd fot any other purposc suti?or-
` ized hereunder. Said mte or notes aLall be ~eau+ed ha~~ebi on ap~ t~y with snd ~a fu12y ss ii the advance
~ evidenced thereby wae indnded i.n tLe note fust described above. Said eap
piemental note or notes ahal[ bear `
intereat ~t tLe rate pmvided for ia the principal indebtednees aad sha11 bepay~ble in sp proximstcly equal"
~ montbly psymente for such period as may be ~gr~eed upon b~r the ereditor aad debtor. Fail'~ to egree on the
msturity, the ~rbola oi t~he sum or tums ~u advanced shall be due isnd psreble thirty (30) da~s after demand ~
~ by tha creditor. Ia no avent ~Lall ihs maturity eutend beyond LLe ultimate r~?turit,y oi tLe na~e first ;
~ desaibed abora ~
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