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<br />3: The rmrregagor covenants and agrees that if ice shall fait to pay said indrMrdnears or any part tiseneef whma~, <br />bite: atr<.half fat! to perform arty covenant or agreement a# this instrument or the promissory note assured (terrbjtthe <br />tyre indebtedness hereby aerated shaA immediately txt»mt due, pavab{r, and ro[isetibie.~ithout nttiia~=at;thb <br />o of the mortgagor ar aasiFns, regardless of maturity, and the morLK6gee or 1.js assi~rsec may before oradtwt rotry: <br />aak~-said property without sppeaisement (the mortgagor having waived and assiPnrd to the mortgagee off rights o#' <br />- f e) at judicial sale pursuant is the provisions of .'8 Li.4.t;, ZOQ)1 ! a 1 ; nr - <br />(n) at the option of thm mortgagee, eitherc by attetion or 6y solieitatian of sealed bids, for thm IugheaCiif <br />best bid campfying with tht trttna of sale and manner of payment epacifteed in the pub[iihbd gotiae~aaim,~g4 <br />giving four weeks' natite of the time, tertns, and place of such sate; by advertismment not teea+~tan ones <br />during each of said four weeks in a newspaper published or distrihuted'inthe rautRyS fn w9tieh eaiR~propmrtp <br />is aituaded, alt other notice being hereiry waived by the mortgagor (and said mortgagee, or anyrperaoa as <br />hrhaff of said tnortgaget, may hid with the unpaid indebtedtua evidenced by said Haim). Said ask shall ba <br />held u or oq the property to !te sold or at the Federal, roun[y, or city courthouse for the county iq which the <br />property is facsted. The mortgagee is hereby authoriard to execute for and on behalf of the mortgagor sad to <br />deliver to fire purehaarrr at such sale a aufficirnt conveyance of said property, which conveyance shall contain <br />emrttb u to the happeging of the default upon which the ezexution of the power of ask hmrein granted <br />_, >~ it.. ,.aid _~, a.,~ h~.t.y ~ti;it_.w a~ spr::.:a,n lira , -egsg~ ar say sue... : s...,. ay of •~ <br />martgsgee, the agaxat and attargey in~faat of paid moregaga~r to make such reritala and to e:ecuta acid <br />aanveryance and hermhy torenanu and aFrres that the recitals sa made shall tee effectual to bar ail equity or <br />right of tr.temption. Itumesteal, dower, and ail other e•xetnptiana of Ihr tnartgagar, all of which are hereby <br />aazprsaapety waived and ranveyrd to the mortgagee; ur <br />I du I .take any rather appropriate action pursuant to state u:ur Federal statute either in stare, or Federal <br />[nvruirt ar, aktarevriatr tar the disposition of the property. <br />in ttu event of s sate as hrrrtnabove provided. the mortgaaar nr env [arson in possession under the motlgagor shall <br />tttett become and ~ I>t~{St7~'II forthwith drlivre possession to the p~rt}ta3er at such sale or Ire <br />etrmmarih~ riirfew+e~~ to ~tt-le~ _ fsroviaions of lea appiirehlr to tenants hniding aver. The power <br />and aFenev herthy F~aated~.stre=mgrpied•rsil~b•sr inureet and err irreracahlr by death .>r otherwise, and are granted <br />a. cumulativt to ttie remt+fiesTor rqt ei•fio"ri'nf said indebtedness provided by law. <br />9, 'the ~,aay a~ s~ssiat Witty to acturdantc atria rive prriing paragrspi;# ±hsl3 ~ spp6md freer <br />to pay rho-seers atsd ettptates of a~aair, t+va ezp~_i,a~rredhy ti~.~y'..,+w.' f~ the- pur~> of pMt-•_.t~ag ar °tasa= <br />taittiug, said prappaty, and rraasrttxhle attaraets ftxa: seeuttdiy, to pax tgsw irsdebt,ebhtrss ur+rd hereby: and thirdly. <br />to .pay any surpltts or caress to ihr prrvoa or prrwets ieFal(y rntitinl thevrier. <br />s, tq~, ehm rva5gt seed ptr$porty is add ai a jtaaiieiai taarom[oaure arts or pursuant to the power o[ sale hereinabove <br />gta~t tip prte~s's ms=s araisaiaad is pay t`.°.e tarsi tttP,rYrteiiucav sutured 'thy tAia instrument and cvideneed by <br />asi~i ry t~t~,'.`nr ~ will iss rgtitied io a defieirgry judgment lar tine a:nouut of [Fsa drjuirnsy witJo-a+tt <br />radwrd to sypnioasrwt. <br />b. [n the event the nsortgagur [stir to pay any Federal, r.tntr, or local tax assrsatnrne, income tax ur atiter tax lien, <br />tharge, ter, or ether rapEtiae charged agrinet titre txupcriv. tbi~ osarrtgaper s- hereby autho€rard at hie, option ur pay <br />the rsrnte. Aqy sums ntv paid by the mortgagee theft Fee added to and herontr :+ pert of tht prinmpal rnuruut of the <br />indeModtteas rvitkuce+t by said none. fiubjert to the «amr teens and runditiwt,;, if the oeut•tgngur sha33 pay and <br />diaeharfie the indebtedness evidratrd by said pretttitxrary note, sod shall pay such vents and shall ditufearge all tax.r <br />card liaxts aqd Iha erw4s, fees, and rapetuea of making, ett[urcinK, and executing this mortgrgr, then this mnrtgagr <br />siaairfte eagretOlt aqd surressdeeod. <br />",. Tfte trtvrgaqu hernia c-setwi.utasi eiwlt hiud suet tits; bettt:tiu cost a;ivautatrsn shat! issues to rite reaprrtivu sut- <br />casaa.~ aqd aaai~ga df riser parties harcta iikhmsver tread, tits singular nuq+her aitall include the piwai, the plural tiro <br />aqd t~ ices a! stay gender shall iualttds ab' geuttmaa <br />i waiter of any toveuagt isereiq or aC rise ubfigalian - ~ur~r=i i:~r~hy riiatl at.ny rznt€; thtrz=a[ier ~ ..rim' <br />:.% ~ a esi°.~ cif tiro t,rr~ ixrauj ur rsf ttt+3 oats zaaured ttrreiw. <br />~. fn..t~a~i~en*`a.wi~aatsiagl9t.l{d)ofehaftulaaad Raguiatistra o! the `itgali fluaigmsa Adatiniatration (l3 <br />C.P.~4, idi<ltd) }. tlfia it~ttautticpt is lrt ~ ae~ktui:d aqd egforcmd is -~:- with ~ Fedmsa€ [aw. <br />ill. A judicief tteertas, ard+mr, ar judgestent trot ar: avi+si.«m c,r <br />-y itr p:rrtton ..! this rtbcraat+erat utvalid or aa- <br />~t#~e ctwti cwt in any war impair nr preclude. t}xe antorcriaani of the retnaiginiq [+roviaiuus or partian- of <br />t$ia <br />