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<br />79- t~u~3`+ .
<br />3. The mortgagor covenants and agrees that if he shall fail to pay said indebtedurs: or any part thereof when
<br />due, or shall fail to perform am covenant or agreement of this instntment or the promisson note secured hereby, the
<br />entire indebtedness hereby secured shall immediateh• become due, payable, and collectible without notice, at the
<br />option of the mortgagee or assigns, regardless of maturity, and the mortgagee or his assigns mac before or after entrc
<br />sell said property without appraisement 1 the mortgagor basing waived and assigned to the mortgagee all rights of
<br />appraisement)
<br />t) ai judicial sale yunuant to the provisions of 28 U.S.C. 2(1(11 i a ~ : ur
<br />(u) at the option of the mortgagee, either b; auction or be solicitation of sealed bids, for the highest and
<br />beat bid complying with the terms of sale and manner of payment specified in the published notice of sale, first
<br />giving four weeks notice of the time, terms, and place of such axle, hr- ar:+rrtisement not lea, than once
<br />during each of said Four weeks in a newspaper published or distributed in the county in which said property
<br />u eitvated, all other notice being hereby waived by the mortgagor (and said mortgagee, or any person on
<br />behalf of said mortgagee, may bid with the unpaid indebtedness evidenced by said note 1. Said sale shall be
<br />held at or oa the gropem- to be sold or at the Federal, counts, ar cih- courthouse for the counts in which the
<br />property is located- The mortgagee is hereby authorized to eaecute for and on behalf of the mortgagor and to
<br />deliver to the purchaser at such sale a su&cient canceyance of said property, which conveyance shall contact
<br />tecitala as is the happening of the defau}t upon which the execution of the power of sale herein granted
<br />depertda: sad the said mortgagor hereby constitutes and appoints the mortgagee or any agent or attorney of the
<br />mortgagee, the agent and attoraes in fact of said mortgagor to make such recitals and to execute said
<br />eo.:vtysoce and hereby covenanU and agrees that the mitala so made shall be effectual to bar alt etpaity or
<br />right of redemption, homestead, dower, and all other exemptions of the mortgagor. alt of which an• I~ereh+
<br />expressly waived and eovveycd to the mortgagee; or
<br />(art take any other appropriate action petsuazu to stain ur Federal statute either iu ~tatr ur Frdrral
<br />collet ar otherwise far the disposition of the property.
<br />Ia the event of a eak as hereiabefare provided, the mortgagor or say geraona in poeaeeaioa tinder the mort•
<br />gagor shall then berottte and be tenant; holding orer and shall forthwith deliser po_~e~=ion to tl:e purchaser at
<br />sveh aak or be stttnmarih• dispos~ssed, in accordance with the provisions of law applecable to tenants holding orer.
<br />The poser sad ageaec hereby granted are eaupled with an interest and are irrevocable by death or uther+cise, amt
<br />arc granted as cumulative to the remedies for colketion of said indebtedae`s provided by law.
<br />i The proceeds of any ule of said propeKy in aaordantx with the preceding paragraphs shall be applied first
<br />to pay the eaRs sad e:pemeea of acid ask, the tagmses inenrred bs the mortgagee for the pnrpaer of protecting ormain-
<br />tateun~, eatd property, and reasonable anornet•s` fees; se+rondiy, to pay tl:e indebtedness secuw_d hrrehi :amt thir+lh,
<br />to pay any aurp}ua or e:c~ to the person oz pereoaa legally entitled ihrreto-
<br />5. Ia the event nid propeate is sold ai a judiacial farrlosttrc sale or pttrsuaat to the pawn of uk hereiaabove
<br />granted, atsd the proceeds are tint sai5cient to pas the tout indebtedness secured by this instrument and evidenced by
<br />acid promissory note, the mortgagee will be entitled to a deficiency judgment for the amotmi of the deficiency uat$out
<br />ne~vd trt ttppraiswndtr.
<br />6. ha the event the mortgagor tails to pay am Federal, .fate, ur local tan aN:esseteut, income tax or other !aa
<br />lies4 elsarge, fee, or athu expetme charged agaitta2 the property the mortgagee is hereby authorised at his option w
<br />pao the saige. Any ~ ao paid by the mortgagee Mall be added to and becorse a part of the principal aatoemt o{ tlic
<br />a, xa'-- eviderteed by said sate, wbjeet to the same teems and eanditiotts. If the mortgagor shall pay sad
<br />diaeharHe the iadehtc+dnees evidenced by said gmmissorp note, sad shall pay such stuns and shall discharge all
<br />tars sad ~ sett the costa, €tms, card ~ n€ >3aakiag, enforcietg, good =~^r!~ this mortgage, then this mortgage
<br />shall he wed atsd anrretodered.
<br />i. 21te coveatmb beteia etmtaiaed shall hied and the benefits sad advaatagea shall inure to the rr..prtirr ,uc-
<br />eesseea aed asagas o1 the parties berets tsoe¢l. the singular number shall itxlttde the phtnl, the plural the
<br />rte, s~ the me of say geada ahaII melttde ail dmden.
<br />~ arm i.~stbt tt~f sear etasmaei herein or sf ilse aetiligation aecurvri hereby shall at am time thereafter br held
<br />m he s traivrr of the tertos btumf ae of the t+ate secured hereby.
<br />9. A 1 ilaeeee, trrdfa. ar jadg•eat h say previaon or portion ut this imtrtt»tent inralid ur utteu-
<br />1'raeea6le s~ eel a say ++aT i>apt%r or peeeiaade else mfereetneet of the remahting prorisiwts or iwttiom of this
<br />l
<br />~ Asp srtinaa taatiee to 1s iwsa~ M ~e atatp~ parstuat to the provisicns of this iwtrummt shill he ad•
<br />insaaei ~ tt1. s.retHspse at
<br />aed my ..ritte~ ttoeiee to be tamed to the tttortg:gee Shan
<br />be adisassei ~ ~y,>•adp~ae m
<br />GPO p2~-24~
<br />alas Foss sza ta.~at
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