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<br />cit~~'753
<br />3. The mortgagar covenants sad agrees that if he shall fait to pav said indebtedtieea oe ant part thereof when
<br />due, ~r she}t {ay] to perform an. cQ.Enant or agreement of this instrument or the prmnisnory note secured hereby, the
<br />entire indchtedneea itrre5y +ecurpd shall immediately become due,. payable, and collectible without notice, at the
<br />option 3t the mortgagee or aasigtts, regardless of mawrity, and the martgagee or has assigns• evav liefcire or after entry
<br />xll eadd property without aplrraistment (the mortgagor having waixe~ t+nd assiKnerl to the mrrrtgageaa31 rights of
<br />appraisement) :
<br />J t t at judicial ute, pursuant za the. provisions of 38 L.S.t. 2tt01 i a I : or
<br />(ttJ at.the option of thcraortgagee, either by auction or by aalicitation of sealed bids, far the highest and
<br />best bid complytng with the t~rma of salt and manner of payment specified in zhe pu6[iahcd notice of sale, first
<br />giving four weeks' notice of the time, terttts, and place of «orh male, h. arlvrrti~ement not less tFian utue
<br />dttriag each-of raid #ovr weeks in a newspaper published or distributed is the county iu which said property
<br />is sitotatad, all atber notice being hereby waived by the martga~or (and said mortgagee, or any person on
<br />behalf of eaidoaart~agee, may bid with the unpaid indebtEdness evidenced by said Hate). Said sale shall be
<br />held at or oa ttu property to be sold or at tltr Federal. caunn•, or city raurthouse for the county in which the
<br />gropeKy is lot:led. Tbc mortgagee is hereby aneborized to execute for anr? ao behalf of the mortgagor and to
<br />deliver to the purchaser at atteb sale a au$tcieni conveyance of said property, which cnnvevance ahallcontain
<br />recitals as to the hiippeaing of zhe default upon which the execution of the power of sale herein granted
<br />depends: snd the raid mortgagor hereby rntatitutes sand appoints the mortgagee ar any. agent or attorney of the
<br />ntrMgagee, the agrstt .and attorney in faM of said mortgagor to matte such recitals. and to execute. said
<br />oisereyaace sad berea7 txweaaan sad, agrees that the recitals so made shall be e$ectuaf i~x .bar all equity or
<br />right-of rrdewopuan, homesuad, dower, and al[ otherrxemptians ai thr ntvrzKaROr, alt of which are hereli.
<br />ezpre+aalp waived and rorevcsrd to the mortgager: ar
<br />+titt take any other appropriate actiwtt pursuant za ~•tatc un F'erirral ~tahxt.+ +^it4xer in ~iatr ur Federal
<br />snort or otM-ivise fw the disposition of the prapeny:
<br />to the event at a sale as heteinhcfarc prarided, tbs. mortgagor or say periimtts ist posaoarion under the mort-
<br />gaper rhall.tbm become and be results Jtoldiag over and ~hnll forthwith dxeliver ixa++oeaKion ta; the purchaser uP
<br />such srleor 6e artastarily d'uposrea~cd, in accx>rdan~ with the pravieians of lrw ,<pplcable to tenants holalint; aver.
<br />'Cltte lancer-sad agency hereby granted art coupled with as iutcrest and rri• rrev arable 6v xie•ath nr otlxer><•ire, wuri
<br />are granted a camulative to the remcdirs for calleetioet of raid: indebtedneu: provided by lac..
<br />4. 7'ha proceeds of say sale of said praprrtv ie accordance .rith she precedin# paraFraphe-shall be applied &rat
<br />p~7 ~ enaY aatl eape^ars of said ssla t6c eYpenss incurred by thin mortgagee for the purpwe of protecting or mtiin-
<br />taiaall raid property, sad reasoaabk attorarys' fees; secondly, to lily the iiodrbte+ieu~wr sert~red herrln : an+! thinlly,
<br />to pct! say eurplw or a:eer to the preeon ar persons lesally entitlcrl tltereta.
<br />S. tw the erestt slid property is raid st r jttdietiaL fareclosatre sak "ar punaxnt to the paver of vale hereinrbtive
<br />grwted• aai-the proesnia are oot raieieast to pay the tool :iodebtedner secured by this ietsiruatertt •nd evidenced by
<br />~' 'f . ~ der *rill be attit)e3 to a dc#tci,rrtev judpoent for she atnauat of tht defirieacy withautt
<br />reed ~ -
<br />6. In the erect the awrtgaaor fails'to pry say Federal, «iste, ar local tea iassearatent, inconic tax ur ether tax
<br />IieR charge, fee, ar Other expense cl-arsed sgaiaist the property the, tnortga~gec is hereby authorised at his option is
<br />Pal the lase. Any swiss so paid;by the trartgsgee'abali be added to sad become a put oC the principal amount a[ tl:a
<br />iesdeltedaers eridmrerl by .aid aote, subject to the Nme .terms sad conditions, I[ the mort~egor shall pay and
<br />discbsrge the ~ evidenced by said pirnaaawrr note, sad. shall pay such attms and shall discharge [ill.
<br />to:er awl lie~r asxd the Rorer. fear, aa,d rspenser of arcking, mforcia3, sad eucuting tlua mortgage, thsa thu'mortgaac
<br />shall be eaaoeLi sad ntrroadored.
<br />'.. T1e cors»aaM bevels caosuiaed rba3l brad aad-tht benefit aiad advr.»tsges •iiall inure, zu the re~lux~[ivr ..ue-
<br />eessser sad a'atfonr o/ ~ p.rtw lsrxlo. A!-saever ttaed, the etngular number chaff imclndt the plural. the phtnl the
<br />toiyolar, and the one of say ;eatlar ahal[ iaehtde all leaders.
<br />8. ,'t1a waiver of say coreasrat bevels. or of rho: obligation eecurrd hereby shall at any time there..Iter i,e l+el.i'
<br />to be s waive erf the terms heet~od..or ofthe note se+ctrred hrrehv_
<br />9. A joJiaul decree, order. ar;ad6meat E¢a1dntg any provision yr Fortino of thiesustrutnent invalid car ,inE+se•.
<br />Eorceabis shad not u say way impair or preriude'the enforcetaent of the remaining lxravipions-or parions of this.
<br />iMlsataswt
<br />19. haT +.r'ittsa »ssioc to be ierrad to [lse saarigsgOr punusset to the prariwicas of this irtwroms,nt ihall 5e col.
<br />_ +fewrrltsfLs.ae '.i<'0 !,`¢at ln~, ~:ran~ ?c>'an~, =3i; f,R8f1;
<br />sad aa> yritten notice to ixl yatued io°tlte inortgtsteC+e «itaifl
<br />ba aidrsasei to the s!a at #v. c7. ftvv 1 :jt}T, r:r:ind ' s 1 3:~ ~, ,:I: r'tAB~~"
<br />ana ?<ssevegtrs tsxst
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