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AND th* soid Mo~tpopor h~r~by cov~nants on~ a~?~~s wi~h th~ soid MatqeQ~• os foibws: FIRST: Thal the Mpn9ayo~ is lowfully sei:~d of th~ abov~ dsxrib~d pr~mis~s i~ f~~ simplR ond Aas pood ~iqhf to s~~~ and co++ve~r M~ some to Me Mor?qap~e; rhot ~he iaid premi:es ar~ in~ ond dischor9~d of and f~an cll tox~s, to~ titlK or c~rtificotes, judpments, methanic's liens cnd ~ntwnbronces of ony nature or kind whatso~vfr ond thot tht Mo?tqo~or will fully wor~ant ond. d~fend the same to rhe Mo?t9o~ee. aqoinsf !h~ lowful doims and d~mond: of oll p~rsons wlwmso~vtr, and will mok~ wch f~rlhe~ ossufonces to pe~fed fee simple title to soid tand, in 1h~ Mo~tQoq~~, os n~ar r~asonabl~ be r~q~ired, and will por th~ s~verQ) sums of aw~+ey aqread in the soid note ro b~ poid ond oll instollment: of principot ar+d int~r~s? th~reon p~anptly wh~n due, ond oao?diny to Me Irue tenor and at~act of the soid eote. ~ SKOND: That the Mort~a~or will par oll ond sin~utor 1M taxe:, osse;sm~nb, levi~s, ond ~ncumbronces of ~v~ry notu~e on tAe above dexribed propeny, ond upon Mi: nwrt~aq~ and not~, or th~ nwnsy s~?ed th~rebr, b~fore delinquennr ther~of and ~eceipts evidenci~~ payment of soid tax~s, ossessments, levies ond ~ncwnbrontes il+all b~ deposited wi~h M+e Mort9apee on or befo~e Morcfi lst of eoch sutteedinq yeo~ durin~ th~ t~rm of this na?tpa~~t ond if same b• not promptlr paid when due, the Monyagee moY lwithout obliyatiw? to do soI poy the sams, or become pu?choser of ony fowfu{ evidence tF~eraof, or c~nifkcte therefor, wifhout woivinq or alfectinQ onY ri9ht herew~det and in Ihis e~wrfpoye. or the soid n~te whith lhis nwrtqcqe secv~es; ond svch poyments or expendih,?es so mode shall bea~ interest froen the date th~rw~f~pt~~ &te oth~]t~IQtpe~s ~8p 75$~• . THIRD: Thol the Mortqa~o? will keep all real and pe~sonol pbpe?t~? eow or her~oft~r entumbe~ed by fhe lien of this nartgoqe insured cs mor be required fro~n time ro time by the Mort~a~ee o~ainst bss br Bre, wind:torm and oM~er ho:drd:, cosuolties ond contingencies for wch pe?iods ond fa not less thon wch omamts as nwr be r~quired br fhe Mortqayse and to par promptly wheo due all premivms for svd+ iriwrance. TM anw~x»s of iutl~ i~rance tequi~~d br Ihe Mo~tqopee ar~ expr~ssive of only the minimum amounh for which soid i~su~once shall be wriHen end it shatl be incvmbent upon the Mort~oqo~ to nwintoin wch additionol insurance as mar be necessary ro meet and canplY fully with all eainwra~ce ~eqvi~en~eoK contained in soid policies to the end ~hat said Mo.tga~o? is ~ot o co-inwro? theraw~der. 4~w?eet~ sholl b~ written br o oanpony or ootnponits approved by the Monga~ee ond oll policies and ra~ewals thereof sholl be Mld br the Mort~ap~e. All detailed desi~notions by the Mottpaqw which are oaepted by the Mortya~ee ond oll a~reemenb bNween Morf9oqor o~d Mort~oqee rolatinq ro i~uurona. now existin~ w hareofter made, sha11 be in writin~ and sholl be a pan of this awrtQo~~ care~en~nt as fullr as thou9h set fo~th v~?botim herein and stwll yovem botfi po~ties h~rato ond 1hai~ waeuon and essi9ns. No lien upon anr of said polides of inwrance or upon anr refw~d or return p~es+iwn whid? ~ewy be poyoble oe she ton~ellotion or t~nninotion 1her~of; shoti be 9iven to othe~ Mcn 1he Mort- ~aqee, excep~ br proper endone~nen~ athxed ro wd+ poGc~r and approMed by Mo~~aQee. Ead~ policy of inwronce sho11 hove afFixed Merero a Standord Mortqa~ee Clouse aaeptobl~ to the Mortqopee, mokiny np loss or losse~ w~der wd? policy payable to the Mortga~ee a: i1s interest may eppear. In the ~veet an~r wen or wms of moner become PaYable thereunder fhe MoApo9ea shall hove the option to ~eceiv~ ond epply the some on oao~mt of 1he indebtedneu hereby seared, or ro permit the Mortqo9or to receive ond use it, or any po?t fhereof, wilhout lhereby waivinp or in~pairin~ anr ~quity, lien or riQht under and by virfue of fhis nartpoge. M evant of {oas or phrsicol dama~~ to th~ nwrt~aped propertp the Mortqo~or sholl ~ive immediote notice thereof by mail to the Mort~ayee and the Mort~oqee nwr nwke proof of bss if the :ame is not nwde p?anpNr br the Mort~apo~. In event of forecbwre of this mortqaye or ofher tronsfer of titl~ to 1he mott~oqed propsrty in extiewuishmtM of the indebtedness secured hereby, oll ri~ht, tiHe and interest of tM MortQaqw ie a~u! to anY i~w~ante policias then in force shotl poss to the purthoser or ~rantee. Upon any defauM themof, the Mort~aq~e nwy ibu~ without obli~ation on its pa~t so to do) Ptoce inwrance on wd+ buildin~s and poy the pren?ium and char~e wd~ suna so paid fp the Mort~a~or and wch sums of naner so paid shall bear inte~est from the dofe of parment at the rote of ri1~[ptr centwn ~Cpe? ennum. eight & three-qua~rterS (8.75$) FOUR~H: That aU wms of n+a~ey poid or cousad ro be poid by 1he Mort~aqee under the ts?ms of Mis nw~t~o~e and herein specificallr provided for. and indudi~q amr e~epee~ses incurred by the Mort~a9ee in co{{ection of tfie sum secured by Ihis mort~a~e, shalt be covered by the lien of this nwrtQaQs, fhe same os the wn~s of ma~ey ~epre:ented by the note w1iKh tfiis nwrtqape sewres. RFTH: To permit, commit or wffer no waste, impairment or deteriorotion of said prope?ty, or anr port thereof, ond upon Me foilure of the Mortgo~or to keep the buildin9s on said propertp in ~ood oondition of repair, the Mort~a~ee may demand tFie i immediote repoir of said buildir~qs, or an inuease in the anwunt of securit~r, or the immediafe repoyment of the debt hereby ; secured, and fhe foilure of the Morl~a~or to oanply wilh said demand of Me Mortpaqee for a period of flheen (15) doys sholl 4I coratitute a breach of this nwrtsaye, and, at the option of the Mort~a~ee, immedialely moture Me entire unpoid principal ond i interest herebY secured, and the Mo~tqayee may, without notica, ic~stitute proceedin~s to fo~ecbse tfiis mort~a~e, a~d apply for ' the oppointment of o?eceiver, os hereinoher provided. ~ ~ SIXTH: Thot the Mor~~apor herebr promises, tovenanK and a~rees to pay the sums of moner and interest os mentioned ~ in said promissory note, together with anr ond all other wms jusNr due and owin~ the Mortqapee by the terms fherein, and setured ~ to be paid as stoted therein prompNr when dw. If defovk sholS be made in the pormerit of the scid sums of monay o? a^y Port thereof as provided in the soid note or this na?tqaqe, or if the interest that may become due thereon or ony pa~t thereof sholl be f in defavll and unpaid for e space of Rfteen {15) do~?s, w should the Mort~oyo? breoth or fail to comply with any other covenant or ogreement on the part of the Mortqa~ to be oomptied wilh (in N+ose toses in which the option of 1he Mortgo~ee of occelera- tion is not otherwise expresslr provided herein) ond wch breoch or non-c,o~plia~ce oontirwe in existence for a spoce of fifteen (15) ~ days, then ond from thencefo~th, at fhs option of the Mort~a9ee and withovf natite ro the Mortqa~or. the whole of soid principal sum expressed in :oid note, toQether with oll other wms therein os wetl os herein provided for, shall become immediately due and ~ payable, without notice to the said Mort~apor. ~ ~ SEVENTN: Thot ~n case it shovtd becane necessary to ploce fhis na~tqo9e and the note secured hereby or aither of them, ; in ~he hands of an ettorneY tor collectior?, the said Mortpogor tovenants and a~rees wilh the Mortgagee to poy all wsss, chorges ~ ond expenses of such collection, includin9 reasonable ettor~ey's fees whether coNected by forecfowre or otherwise. I ~ EIGHTH: Thot, in the event enr suit is brou~ht upon this mortQape, whether to forecbse it, to reform it, or atherwise, ~ ond or to enforce poyment of any daim herevnder, the Mort~a~ee moy opply to any cour~ haviny jurisdiction thereof fo~ the oppointment of a receiver of soid moA~oQed property, as well as Nu incpne, profits, issues and revenues thereof, ond the soid ~ - ~ - 8~~~ 245 ~ 5 ~ 1 ?5 - . ~ . ~ ~ ~ _ ~ ~ - ! . . . `~a..,~~~`~'~~'''-..?~"~``_ u ' _