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<br /> 3. 1'6e mortgugor covenun�s und u�;reee Ihat if he ehall (nil to puy euid iudeh(er6�eee ur am purt � hcrcoF when
<br /> , �lue, or eiiull fnil to perfurm auy covenuut ur aKreement of d�ie instrumci{t or.9lie pruniiseon� no�e decured herr,by, tl�c
<br /> entire indebtedneas hereb� eecured xhnll inuuediately become due. pb,'vdble, und collectiblr �ril6out notice, at t6e
<br /> y � option of the n�ortgugee or usei�;ne, reF:vclleex o[ maturity, and the mort;{ugee cr lu, i�nei�;ne rnn�• before or after eutry
<br /> sell euid property withnut apprxieement f the niortFn�tor havinF wuivr,d and nxei�ued to t6e morlp;agr,e ull riMhta of
<br /> " appreieement ) :
<br /> Y 11 j ul judicial eale �pura�unl tu tl�e provieiun� of 'l8 U.S.C. 20U1 1 u � : ur
<br /> ( tt ) at �he o�tion of the mortgagee, either by nuction or by solicitatian of seale,d bide, for the highest and
<br />� �; best L��) complying with the tenne o( eale and manner ot payment epecified in thc pu6liehed notice of aele, firet ,
<br /> '- �i••ing (uur weeks' uutice of tl�e lin�e, tr,rm�. und pluce of �;uch xule, hg adcerti�rmr.nt no� le�� than unce
<br /> � during each uf eaid four weeka in a newepnper publiahed or distributed in the coun.y in which enid property
<br /> ia eituated, nll other notice bein� hereby waived by the mortqagor ( and enid mortgnsee, or uny person on
<br /> "' behalf o[ euid mortgagee, may bid with the unpnid indebtedneas evidenced by enid note ) . Said eale ehall be
<br /> ` held ut or on the property to be eold or ot the Federnl, county, or clty courthouse for the county in which the
<br /> f property ie loca[ed. The mortgagee ie hereby nuthorized to execute for and on hehalt of the mortgagor nnd to
<br /> ' deliver to the purchaser at euch eale a eufGcient conveynnee of eaid property, which couvepu�ce ehnll contoin
<br /> c recitals as to the happening of the defnult upon which the execution of the power o[ eale herein grnnted
<br /> ; depends; �nd tl�e eaid mortgagor hereby conetitutee and appointa the mortgagee or an�• agent or attorney of the
<br /> ' mortgugee, tlie agunt and uttorney in fect of eaid mortgaqor to make such recitaie and to execute eaid
<br /> 3 ' conveyence and hereby covennnts and ngreea that the recitale eo made ehnll be rHectual to bar all equity or
<br /> } rigl�t o( redemptiou, liomeatend, Joweq at�d all oU�er exemptio��x of tlie mort{�a�;oq all o[ whicli ivee liereb�
<br /> cxpceealy waived and conre��ed to the mortFa�ee : ur
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<br /> ( u� j take auy otlier uppropriute netion pureuuut to uta�e ur Federul atatutc cilhr.r in rWte or F'ederul
<br /> � courtor othecwiee for the dispoeition o( die propertc.
<br /> t; In the event of n eule as hereinbefore provided, die mortgagor or any peceona in poeeeaeion under the mnrt-
<br /> : gagor ahall ther becnme and be tenante holding over and ehall torthwith deliver poeaeasion �o the purchuser a� .
<br /> eueh sale or be nummarily diepoeaee;e.d, in accordunce �vith the proviaione of 1uw upplicahle to tenante MoldinF over.
<br /> The power and ugency hereby Kranted are coupled ��•ith an interest aud are irrevocahle by denth nr othcrwiee, �md
<br /> are granted as cumulatise to the remediee (or collectinn o( euid indebtednee�� provided hc laH•.
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<br /> 4. The proceede of any sale oi eaid propert}• in accordance with the preceding puragrnphs ehall be applied firet
<br /> to pny the costs nnd expenees of said eale, the expenees incurred by the mortgagee for the purpose of protecting or maim
<br /> taining said propecty, autl rensoi�ahle attorne��e' fees : accondly', to pac dir indrbtedne�e ,eeured hereb�: and �hirJly .
<br /> to pap any aurpl�s or excesa to the �iereon or personx le�ally entided tLereto.
<br /> �. In the event eaid properiy ie eold at a judicial foreclosure eale or pureunnt to [he power o( eale hereinabove
<br /> granted, and the procee3e ure not eufficient to pay tfie total indebtednese eecured by thie instrument and evidenced br•
<br /> eaid promiesorv note, the mortRaFee will Le en[itled to a deficiency jud�nent for the amount of the deficiency uithout
<br /> regar� to epprauement.
<br /> 6. ln thc event the mort�:uKor failc io pa� unr' Federal, �tate, ur local tax u�-essmeut, incotue lua or uther tu�
<br /> ` lien, charge, fee, or other expcuse charged uguinst tLe propert� the mort�;agee is hereLy uutl�orized at hie optiun �u
<br /> '' puy ihe same. An)' emne eo paid hc tLe nmrt �u�ce ehall br. aJJed to and becmuc a part of the principal amount of thc
<br /> indebtedness evidenced hy said nme, eubject to the xame terma ;uid conditione. If tl�e morigugor shnll pay nnd
<br /> f' discharge the indebtedneBn evidenced by anid promi=Fon• note, aud ahall paq euch euma an1 el�all dischazge all
<br /> taaee and lieue and tl�e coete, (cce, nnd ex�eneee of making, euforcing, nnd executing t}ue mortgagc, then il�ie mortgage ;
<br /> ohall be cunceled und surrendered.
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<br /> ;. ' 7. The covenanta Lerein cnntnined eholl hind � nd thr henelits aud ud� autuRee nl�all inun �u �hr. rc�prclive �ua
<br /> � ` ceneo�re und aesigna of the partice herero. Whrnever ueed, the einFular number ehall include the plural, the plural the
<br /> eingidar; and t`he nse of nnr gender ehall include all genderx.
<br /> � 8. No waiver of xny covenunt herein ur uf the oLliKutiuu eecured hereby e6a11 al :uq lime Il�crr��Cler I�e Itclil
<br /> r to be a waiver ot the tcrme hereo[ or ot the note secured hemb�•,
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<br /> 9. A judicial�lecree, order, or judgmeot holding any provieion or purtiou uf t6in ivatrwueut iuvalid ur wieu•
<br /> � [orceable ehA�n tfot in any wav impair or preclude the enforcernent o[ the remuininF proviaione or portionx ot thie
<br /> inetrutnent.
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<br /> „ � 'b'�',^.,�" 10. Any written notice to be ieeued to the mortgagor pureuant to the provieicne of thie inetrument ehnll be ed-
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<br /> `t�"';•>� and any wriUcn notice to be ieaued to the mort a ee ehall
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