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200605645 2 TO HAVE AND TO HOLD the premises and property above described with all the appurtenances thereunto belonging unto the Mortgagee, and to its successors and assigns, forever. The Mortgagor represents to, and covenants with, the Mortgagee, that the Mortgagor has good right to sell and convey said premises; that they are free from encumbrance; and that the Mortgagor will warrant and defend the same against the lawful claims of all persons whomsoever; and the said Mortgagor hereby relinquishes all rights of homestead, either in law or in equity, and all other contingent interests of the Mortgagor in and to the above-described premises, the intention being to convey hereby an absolute title, in fee simple, including all rights of homestead, and other rights and interests as aforesaid. PROVIDED NEVERTHELESS, that the Mortgagor is justly indebted to the Mortgagee in the principal sum of SIX HUNDRED NINETEEN THOUSAND FOUR HUNDRED EIGHTY-THREE AND 13/100 Dollars ($619.483.13) and that the Mortgagor shall well and truly payor any cause to be paid to the Mortgagee, or order, the principal sum as provided in and evidenced by its certain Promissory Note (or any Note in renewal or extension thereof) of even date herewith; and shall further pay all additional sums and advances according to the terms hereof as the Mortgagee may advance to the Mortgagor and also any and all sums now or hereafter due from the Mortgagor to the Mortgagee. Said Note shall bear interest from date on the outstanding balance at One and one half percent 0.50%) per annum, payable in annual installments as set forth in the Note with a final maturity of Julv 1. 2036. Said Note is identified as being secured hereby by a certificate thereon. All the terms of said Note are incorporated by reference, and this conveyance shall secure any and all extensions of said Note however evidenced. This Mortgage is to remain in full force and effect until all conditions and covenants of said Mortgage are preformed, at which time this Mortgage shall be null and void. And shaH perform each and every covenant, condition, and agreement herein contained, then these presents shaH be void, otherwise to remain in full force and effect. The Mortgagor in order more fully to protect the security of the Mortgage, agrees: I. That Mortgagor will pay the Note at the times and in the manner provided therein; 2. That Mortgagor will no permit or suffer the use of any of the property for any purpose other than the use for which the same was intended at the time this Mortgage was executed; 3. That the Regulatory Agreement, if any, executed by the Mortgagor and the Secretary of Housing and Urban Development, acting by and through the Federal Housing Commissioner, which is being recorded simultaneously herewith, is incorporated in and made a part of this Mortgage. Upon default under the Regulatory Agreement and upon the request of the Secretary of Housing and Urban Development, acting by and through the Federal Housing Commissioner, the holder of the Note, at its option, may declare the whole of the indebtedness secured hereby to be due and payable; 4. That all rents, profits and income from the property covered by this Mortgage are hereby assigned to the holder of the Note for the purpose of discharging the debt hereby secured. Permission is hereby given to Mortgagor so long as to default exists hereunder, to collect such rents, profits and income for use in accordance with the provisions of the Regulatory Agreement; 5. That upon default hereunder the holder of the Note shall be entitled to the appointment of a receiver by any court having jurisdiction, without notice, to take possession and protect the property Rental - Rider to Mort Restr Mtg 09-15-04