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<br />SSA FOAM 9Z8 (2.073)
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<br />84......., 005243
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<br />3. The mortgagor covenant. and agree. t"atiChe .haUfllil topapaid indebtedn"". or anypil~t;Jhe'!'t'~'
<br />dUe. orohan fan to !>erform any covenant or agreement of thiawtrument or thepromi8IOrynotelM!ellt"Jh~t~tlfe
<br />e....~!ndehtedn..... m.""hr oeeured .hall imlltediat<lly beeomedue, payable, andeolleetible witho~'~~~~"Jlt:tiijo',{,
<br />o~on of the mortgagee or a...ign.. regardl_ of maturity. and the mortl!Ageeor hi. aaaign. may hefct"'or~~r~':'.\ 3',
<br />aeJI..id property withoutappraioemenl lthe mortgaj!Or havinllwaived anti aasiflne<l tothemort~ all;fi~~(.,
<br />apJlrailement) : ' .'ce."."
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<br />(I) at judicial ..Ie PUNuant 10 Ihe provi.ion. of 28 U.S.C, 20011 a I; ur
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<br />(II) at the option of the mortgagee, eitMr by auction or by aclicitationof_led bi" fol'thei, "
<br />beet bid complying with the term. of ..Ie and manner of payment.pecified in the: pub1iahed'JlOti~cif i
<br />giving four week.' notice of the time, term.. and' place of ouch .."'.hyadv"rti..,menr,IlG;t'I...."t ,.'.,....'
<br />during each of oaid four weelta in 8 newspaper publi.hed or dittributed in the cOllnty inwbie4'oaUl'~(
<br />it dtuated, all other notice being herehy waived hy the mortgagor (and Hid mortll8lJllei or'aay,'~,_'
<br />behalf of .aid mortgagee. may hid with the unpaid indehted_ evidenced by oaidnote)~S#d,..k~;""',,>
<br />held at or on the property to be .old or at the Federal, county. or city courthoaoe fottbeeouaty: mwldliJi'~:"
<br />property i. loeated. The mortgagee i. hereby authorized to execute for and on hehalf of the ~.an.l~'
<br />deliver to the purcha...r at.uch aale a .uBicient conveyance of said properlY.whichcOJlvey_'.hdl,~,
<br />recitala u t. the happening of the default upon which the exeeutiOll of the power or,..Ie',henm:~'
<br />depeud.; and the ..id mortgagor hereby conatitut<l8 and appointo the mortgageeorauy apt or all.",. 01..<
<br />mortgagee. the apt and attomey in fact of .aid mortgagor to make.neh recitaIa andtCl~'~oaid
<br />CGn""Y= ;ad h...-d>y ""..==t4 "'Dd agrees that the r""itala... made .hall he el'eeuialtobu:aU.tyor
<br />right of redemptioo, homeetead, dower. and all other exemption. of the n'ortllallDr; all of whieh'areherehy
<br />""p,,-Iy waived and conveyed to the mort@all....; or
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<br />(ttll IHe any other ..pproprillte action pUl'llUllnt to .Illte ur Federlll .Iatule either in .tate ur t'e.lerlll
<br />court or oth..rwi... for the ditpootion of the propert)',
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<br />In the eyent of a ..Ie .. heninhefon: provided, the mort@agor or any penema in p~OD wader the _.
<br />I"AW aball then become and be tenanl. holding over and ohall forthwilh ,Ieliver poaoeaaion to tbe purcha...r al
<br />.uch aaIe or be .ummarily diapoooeeoed. in accordance with the provition. of law applicllble to ten...." holdinlt over.
<br />The power _d allfllcy hereby gran led are coupled with an inlereat an.1 are irrevocable by death or olherwi..., aUtI
<br />are gr~l~ g el!mq"tiv~ to the remediM for col~tj()n of lain indebtedneas provided b~' la,,-.
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<br />4. The,......,....u or any ..Ie of Aid property in accordance with the preceding paragraph. .han be applied fint
<br />to pay the _ ...d expe_ <>f eaid ..Ie. the ""ven- incurred by Ihe morflagce for r..,e purpoae of Protectillfl or main-
<br />laining eaid property, and re_able attorney. re",,; oecondly, to p..)' ille ilUlrbh,dh~" .'''''ired It"r..b}'; "n.! tbirtUy.
<br />10 pay ...y lIW'p.l... OJ' ""<<at 10 the pcr8Qn or peronn. l"flally entitled Ihereto.
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<br />5. 1ft the e"'t~~""~5oia'~"" judicial forecl...u.... .ale or purauant to the power of .ale hereinabove
<br />grlUlled. and the proceeda are not .ullkienl to pay the lotal indehtedn_ aecured hy thl. inatrument and evidenced by
<br />laid ~ not.... the mortgagee will be entitled to . deficiency judgment for the amount of Ihe JefU:i.efKY...w.ow
<br />re,.,.J.1o ~.
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<br />6. m the e..,..t lhe mortgagor fail. 10 pal aD)' Federal, .tate, or loe..l tn a......men\, in~ome tllX or ulher la>.
<br />liea, cUr... fee., or other UpeMe chlUged againat the property the mortgagee i. herehy authoriaed al hia option 10
<br />pay the ..-. Any 'WIY 80 p<Ud hy the mortgagee .hall be added to and "-me a part of Ihe principal amount of Ihc
<br />icde~_ e"i~ by oaid not.... .ubject to the aame terma and couditio.... If the morlplJor thall pay and
<br />diac:ba.rp tile indel>tedu. evidenced by aaid promiaaory not.... and .han pay .uch .uma and .han diacharge an
<br />- and lieaa and the coate, f_ and expenaea of maIUDa. enforcing. and executing thit mortgage. then thi. morlgalJe
<br />-ball be -W and aunudered.
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<br />7. The coveAaata hereia coatained thall bind and the h....elito and ad.antag"" .hall inure 10 Ihe rC'I,eclh" 011\"
<br />-- aacI aaaipaa of the partiea hereto. Whenever wed, the .ingular number .haU include the plural, the plural the
<br />oiapIu, and the _ of ...y gender thall include all gende.....
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<br />8. No wai... of ....y co...nut herein or ..f tbe obiigation ...cured hereby oh..1l al an) time Ih"rraft., be h..l.1
<br />10 be a wain.. 01 the larma hereof or of tbe nota aecun>d herehy.
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<br />9. A j~1 ~ order, or judllU"Dt h..ldintl any !,ro.won ur puruw. ..f Ihi. in.lrument i.....litl or UIICIl'
<br />f-w,. &ball not ill any .ay impair or preclude the enforcemenl of the remain in, l,ro\-ioiOl1. or I'orliolll or Ihia
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<br />It. .Vl1 writlca ~-.; to bet i&;=d to t!:c _:.....or p.....UllAt 10 I..... provieicno of tltia iWJtmment oi>all be ad-
<br />......,.......~at lb3 Co-nH$t~)9':i M-c:.'lll. (;r...H1i.J J s t~ndt rn: ud8t.H
<br />and any writtan DOUce to be i-...llo lhe mortpgee thall
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