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<br />- 3. The mortgagor covenants and agrees that-if~--heahalt fail to pay said indebtedness or any part thereof when
<br />due; orshail fail to perfo*m any covenant orpgreemerit of this instrument or the promissory note secnred hereby, ihe-
<br />entice indebtedness hereby secured shall immediately- become--due, pagabie, and collectible withaut notice; at the
<br />aptibn of the mortgagee or assigns, regardless of matnrity, and,ilte mortgagee or his aesigtts.may before or after enity ~-. _
<br />eell_aaid property withoutapprainement !the mortgagor havtug waived anr) assigned to the mortgagee aif rights of
<br />apgraitiementl
<br />t t 1 at judicial sale pursuant to the provisions of 28~-li:S.C. 2001 tat ; ur
<br />{ [t) at the option of the mortgageq either by auction or by solicitation of sealed bide, [or the highest and
<br />heat bid complying with the terms of sale and manner of payment specified in ihe published notice oC sale, fast
<br />riving four weeks' notice of ihe time, terms, and place, of such sale. by advertisement net le,+n than voce
<br />daring each of said four weeks in a newspaper pttbiiahed or diatdbuted in the county in which mid property
<br />is situated, all other notice being hereby waived by the mortgagor (and said mongagee, or any person ett
<br />behalf of said mortgagee, may bid with the unpaid indebtedness evidenced by said note!. Said sale shall be
<br />held at or on the property to be acid or at the Federal, county, or city courthouse for the counh in which the
<br />property is Iocated. The mortgagce is hereby authorised to execute for and on behalf of the mortgagor sad to
<br />deliver to the purchaser at each sale a sufficient conveyance of said property, which conveyance shall mntaia
<br />reeitala as to the happening of the default upon which the execution of the power of sale herein granted
<br />depends: and the said mortgagor hereby constitutes and appoints the mortgagee or any agent or attorney of the
<br />mortgagee, the :gent and attorney in fact of said mortgagor to make each recitals and-to execute-said
<br />conveyance and hereby cnvettaats and agrees Yhat the recitals so made shall be effectual to baz aII equity or
<br />right of redemption, homestead, dower. and afl other exemptions of the mortgagor. all of which err 6erehv
<br />ezpreasly waived and conveced io the mortgagee; ar
<br />(uti take any other appropriate action purauaut to state or Frdrta{ statute either in state or f•`edrtal
<br />court or oihrnriar for the disposition of the property.
<br />In the evert of a sale as hareinn,-fore provided, the mortgagor or any peraana in poeeeasioa under the mart-
<br />gager shall then hecenee acv? be tenants holding peer and shall forthwith deliver possenriuu to the pun•itaser :u
<br />nude sale yr be sammarlly dieposseased, in accordance with the provisions of lax applicable to tenants holding o.-er.
<br />The power and agency hereby granted are coupled with an interest and aresrrevocable by dr;uh ar +nhrrx ire, anr!
<br />are granted as cuntui#€sC-io the mntedi~ iiw'a~Ia Ipction of Fail indebtedness provided by law.
<br />3, 1"he pmceeda of any sale o[ said-p`reperty in accordance with the preceding paragraplta shall br applied first
<br />to pay the costa and expenses of said sale, the esge__ incurred hv~`the marta;a~;ee far ilte nurn.,~ of rrotretirtg ,•_ .vain.
<br />raining said propctiy, and reaeouabte attornrya' fees; secondly, in pay the indrhirdness sreurrd hrrrha :and [i[ir,lly,
<br />to pay any surplus err exeesa to tftr pecans ar ireraaris legally untitled ihereta.
<br />S, In the event said property is Bald at a judicial foreclosure sale or pursuant to the power of sale hereinabove
<br />granted, and Ehe procrrda are not sufficient to pay the total indebtedness aeruresl by ehie instrument and evidenced by
<br />said promissory note, the mortgagee will be entitled to a deficiency judgment for the amount of the deficiency without
<br />regard to oppreiaement.
<br />b. In the event ihe anortgagar fails to pay any Federal, .crate, ur focal taz a,eessu+rut, in<utne taz yr other la.
<br />lint, eharga, fee, ar ether ezlreuse charged against the pro lrerty the ntartgagee in hereby antltorized at 6ir uptiuu w
<br />pay the same. Auy sums sa paid by the ntorigagee shall be added to and herons. a part of the principal auwuut of the
<br />indebtedness evidenced by said note, aubjeet to the name tenna and cunditiuns. [f the n[or[gagur shall pay and
<br />diaehaege the indcbtednesa evidoneed by said promituwry Hutt; aml shall pay Hoch soma and altalf discharge ail
<br />to:es and liana and tree caste, fees, and ezpenaea of making, enforcing, and executing this mortgage, then this anartgage.
<br />+hall be canceled and surrendered.
<br />7. The covettanta bereirt contained sltaii bind and the heucfiL and advautagre shall inner t.. tftr ro.f.e.•titr
<br />ceeaors and assigns of the parties berets. Whenever used, flee singular number shalt inclutle the plural. the plural the
<br />aittgular, and the vac of any gender shall include all genders.
<br />$. R'a waiver of any cuveuapt laareiu ur ut the ohligatiuu s.-cured hereby ~,lu+lt at a +y tune theteatter ix• heF,t
<br />to be a waiver of the terms hereof or of the Hate nauurcd hereby.
<br />9. A judicial decree. order, or judgment holding any provieivu yr l.,urtiou of thin it+struuu+ut wvahJ vt uu.~++~
<br />forceable shall sat in any way iurpair or prs;chtde the enforcement of the remair»ng provisivns ur pursiun.. of th+s
<br />Inscrttntcttt,
<br />lP. Anx wrttm notice to ba iat!tod to the mortgagor pursuant to the provisions of this irtetnttnattt sitar! bn ad•
<br />did to:i..,.~.,..~a ;;rat
<br />and any written native to he issued to the nmrtgagte shall
<br />bs ahd_ ~i e~ t,~ ~~.gag.~t at
<br />Sad fU~tM 3?a (S-: f!
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