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gp_. UQ5Q25 3. The mortgagor covenants and agrees that if he shall tail to pay said indebtedness or any p:rt thereof when dtM; or shall fail to perform any covenant ar agreement of this instmment or the promissory note secured hertby; the entte:indebtedness hereby seeurcd shall immediately became dtte, payable, and collectible without notice, at the option:.of the mortgagee or assigns, rcgardleaa of maturity, and the mortgagee or his assigns may before or after entry selY u~ property without appraiaemeat (the mortgagor having waived and assigned to the mortgagee a!1 rights of a'Rraisement) (t 1 at judicial sale puntuant to the provisions of 28 U.S.C. 20011 a) ; or (n) at the option of the mortgagee, either by auction or by solicitation of sealed bids,'[or the iigheu and bast bid twmplying with the terms of ale and manner of payment specified in the published ttotiee of sale, float giving four weeks' notice of the time, terms, and place of such sale, by advertisement not less-than once 'during.each of said four weesks in a newspaper pttbliahrd or distributed in the county in which said propetSt is aitttatad, all other notice beittg hereby waived by the mortgagor (sad said mortgagee, or any_ pernsst,m bebali of acid mortgagee, may bid with the unpaid indebtedner evidenced by acid note). Said uk stall be held at or oa the property to br sold or at the Federal, county, or city courthouse for the county in which the property is located. The mortgagee ie hereby authorized to caseate for and on behalf of the mortgagor and to deliver to the purehaser at such sale a sufficient conveyance of said property, which conveyance shall contain reeitah u to the happening of the default upon which the execution of the power of ale herein granted depeada: and the acid mortgagor hereby mnstitutu and appbinta the mortgagee or any agent or attorney of the mortgagee, the agent sad attortey is [set of said mortgagor to make such recitals and w exocate acid awaveyanee and hereby covenants and agrees that the recitals so made shall be efteetual to bar all equity or right of redemption, homestead, dower, and all other exemptions of the mortgagor, all of which are hereby tzprealy waived and conveyed to the mortgagee; or (nt) take soy other appropriate action pursuant to state or Federal statute either in state or Federal coaR or olherwise [or the dispwition of the property. Iq the eYeat Of a Nk a hercinahove prodded, the mortgagor or any person in poseese~on under the mortgagor shall they become aed be tenants holding over and shall forthwith deliver posseaeion to the purchaser at such sale or be wmmarily, Yeiwetaed, ie accordance with the prorieiona of law applicable to tenants holding over. The power a~ •6~Y _ Y F~kd arc coupled with an interest and are irrcvoeable by death or otherwise, and are granted u camalative to Use raasedid for rniketion of acid indebtednes_r provided by law. •. Tie preaee~ of soy oak of acid property in accordance with the preceding pangnphs shall be applied first b pay the casts atad e:peaaa of aid ale, the etpeers iaeserrcd by the tortgagee for tie purposes of protecting or maia- taiaiag said property, and rcaaomble attorneys' fees; eecondly, to pay the indebtedness secured hereby; and thirdly, to pay say aarpfus or erect to the person or persom legally entitled themo. S. la tin avast aid property is sold at a jndirial foreelowrc uk or punttant to the power of a!c heeeisubove granted. astd tie proceeds arc trot aaicieat to pay tie total indebtedrte~ aeeared by tits inuroaseat and evidenced b- and P~i~f sots, tie atartgagee will be eetitled to a deticieney judgment for tie ataottat of the de~eiewcy rairiaatt .:gad is aprr+aiarnats:. fi. I'tie esveact tie moHgagor fails to pay say Federal. state or loco! tax aaaesematt, income tax or other tax lien, eiarge, fee, or outer expense charged against the p:aperty, the mortgagee is hereby authorized at his option to par tie soots. gay aat~ so Wid by the mortgagee ahaU be added to and beeoate a part of the principal amount of the iadoitsigaas evtdeseed by sold notF sttbject to the same tercets and conditions. If the rortgagor shall pay sad dartiarge the tttdebtedans evidenced by said promissory note. and shall pay such sums am! shall discharge all taxd slrll be ea>eslbd ~ ids, sad rzpenrsa of makitr; enforcing, and executing this mortgage, then this mortgage ~, ?' TiO e~m heraitt "'~-'-~ situ! bind sad tie benefits and advaauttea stall inure to the respectire sae. ~° art atrtig>r ai tis prurtiaa hereto. ~'haaever used, tie aiagaLr ntsatber aha11 inehtde the phtrsl, the plural tie ~plav. ssd tis neat atsy aaatMe sia11 istelode all gttadttse R N. *raird of .ay eovesaaat hercia tar of tin obifgation secured hereby shall at say time thereafter be held 4 is a araivar of tie torsos heroof or ~ the note securesd hereby. 9 bxeata~lisreewitissatiaalOl.I(d)o[tieRoles~ad Ragulatioas of tic Scull llueigtae Adraiaistratitra j13 C~E'.IL 3~1.I {ti) j, ~ irrisaaaeat it to ie eaastwed sad eatavwd n aeeordraoe wits applicable Fesderal law. -tit A j~ttieiat dame,, crier. or t hrtWia as 1 alasea~bk sia8 trot i~.cgs w• fudgm"~ g Y Proyisitut or potYiat of this iwtrutttettt invalid or un• J Y Y iwrair err prutade the enforcement of the remaining provisitwta or portiorta o[ t4a. oar Rtr MT ta.rat