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~`..3s'~i~EJ <br />3. The martlFager eovertants sttd aFreea that if fte ah:ll fail to pay acid indtbledaeas ar ana part themt~s$yep ;., <br />t or ~hsll fait to perform any covrrtant ar a~reernenT of tbk inetrumem or the proir:ikorw nnse secured herdpy~ the - <br />~tT indebtedness hercbr eecurcd aitail immediately b¢rQlr)e dur,_paySbk. sad rolkxtib6e witbrztt noti,eei. it_t#ae <br />apHnn of !hr mort~a~er or aeaiRne, rcRordkaa of maturity, and the m'nrt~aRrr or hia aesipaa ttsay before or after miry ~ - <br />a~asid property without appraise®mnt {the mortitagar haY'tnt5 yr=ivrd and aaaiXnrd to the mnriga{ere aif ti~#tb~of~, - <br />ytfttraiaement t : ~ " - net - <br />- _:i d <br />_ i t ~ at judicial salt puneuant So the provinione of 2g l.`.~.f:. ~tlt}I { a? : or <br />(tt } at the option of the mortgagee, either by auction or by aolieitation of sealed lrids,'f~ the Itighaat end' <br />best bid caaplyiug with the teressa of sak and manner of parmeat aptzi6ed in the pubiWied notice erf ak, 5xN <br />~ivin~ taut wreke' rwtirr of the Time, terms, and plate of rueh'esle, bq ailvcrtiaetoevt not leas ihm ottee <br />during cock of Paid tsar xerka in a newspaper published or distribeted ~ the county in which said pneperitt <br />• m strafed, all other notice being beaeby watvrd by eha nwrt6eEor Land acid mortgagee, or any paAtan ~ <br />behalf of acid taartgagce, may bid with the unpaid itrdebtedttsaa evidenced bg aid torte). Said ask dtall !se <br />held at or on the proprrtr to be sold or at the Federap, county, or rift tourehouae for tpte county in which the <br />property is located. The mortgagee is hereby authorized to a:mate for and ott beitait o! the tttortgaRar a~ to <br />deliver to ihr purrhaaer at such awls a w€&tent canstvatsex of said property, whteh eoeveyattex shall contain <br />reeiah a• to the happening of the default upon which the exeeutiott of the power of ask herein ~aatnd <br />dtp~; sad the said mortgagor hereby eoanititutes and appoints the motigagee ~ ant agent or sttotnaey of the <br />me. flu agent and stlorney itt fact of said mortgagor to make such reeitab atad to auente said <br />egnveganee attd hereby rnveman4 asd agmes that the recitals ao made shall be elfectta! to bar all equity or <br />right of rtdrraptian, honsrattead. dower, and alp at.her rzrmptiana of the mortgagor, all of which are hereby <br />czprraaly waived and conveyed to Ifine mattgagee, or <br />t trt t lake any other appropriate xrtion purarraat to etate or F"rdera! statute tither let crate or Federal <br />eoart or atbcrwiae for tpte deapasitiott of the property. <br />In the want of a sale as hrrninrhove pracidcd, the mortga[ar ar any pcrsou in paseeaaion under the ntortgattor shall <br />rhea become sad !te tenants haldint aver sad eJtall forthwith deliver fwaaessiav to the parchaeer ai each sale or be <br />atmmarily dispoaaeaerd, in anordancv with tilt provisiuna +:€ law app}irahle to Irnanta holding over. The power <br />and agency hereby granted art coupled with an +nterrat and art irrevocable by death or othervrix, amt are Rranted <br />sa cumviativr w the remedlxa Car r:oilsctiaa e~ said indsbtedtrcae proaided by law. <br />#. The pre::sc$nf,lt~arakc of raid frrapeity in aererdaac with the prsmdin~ psragrsp~ shall be applied Etst <br />t4 pay t~ rants asrf €apz~c acs of said aa+a, Llw c~tpra irt~vrr~ iw t3a tbwtgafrtc far rise purpaac of proteshag ar ttta~ <br />raining aas+f proprttr, end rea;aonablr attomrvi €ree: rrrrnrdly, to pnv ilsn indebted nets secured hereby: and thirdi_y, <br />to pay aa! aurpltse ar rtiv4at to the person or prrautro let;aplr rntitkd therettz <br />5. fa tba ettasa said Rka+aartY u sold at a iudicap faroe8o--- scot er p~raua>at to Ll~ poser of ~L t~-:ai„=6-va <br />granted, sad tftc proasrda arc tort srt~ieieat to pas the total indrbts~dnaaa aezured by tltia iaatrs:~sst and svidsnrad 1>Y <br />acid prvmieeosy note the uwrtgagae Witt Ae ssiiiled to 4 defteieuzy jridgtttanst far the amavat of the de~•ieru.~y witltoat <br />rogrd to apsetnaae. <br />t+. In the treat the. t:wrigagae fai& to pnv au± Federal, state, nr !s>cal tan asttesawent, incamr taz ur other ux liea, <br />rhaagr, ter, ar athrr rzpenrc charged against the yro€xrtt~, the ntnriKa~rr is hereby nuthorirxd at hia option to pay <br />the aortas. Atty wens ao paid by the mortgagee eitatl be added to nerd beeanre a part of the, princiteal amaturt of the <br />irsdeblednvaa rvidsuMxl by .aid twit, subjea:e ui t}ee earru terana and conditiwu+. 1€ the murtgrgar chalk pay and <br />darhasgr the indebtedaraA evicknrrd b. =aid pranstssory note, and ahalp pay such sours and shall discborge all lazes <br />and liana and the teats, teen, and rzpetaes of corking, enfarcittg, and executing thin rnortgage. then this mort,~ags <br />afeall' ~ ra3t~lsid tttid antyarttfi+red. <br />T, Tlvt eavenaata lsrraia cantaised shalt bind and tlse beaeftta and ad.antagea stalk inure to the roapestive tato• <br />aaasara+otad ~a of the panties krereta, R=haatevmr utard, t#te ssagttiar number shall inclade the phtral, the plarsl tha <br />w~kr, ttaid tl~ taa at ang a!'~ shall include all Readers. <br />8. `fo xaiver ad ray r#vr~uani Iserein ar of the obligati+st+ aerated hcre#y altall at atty time thereafter bs held <br />to ~ a wgivr;S of ilta terttts here of ar of tha note attsurcd }rsrcp>v. <br />~. ~ ~ with tteaiaa 101.1 fdf of the Ralea and Regulations of tlx Stuall 8uainw Adminiatratiaa (i3 <br />t:.dr.$. i6i.t{d}}. tlga ~aataraat is ttt 6e reasfrued sad atsfarecd is accardonse with ap•~liaahk FtvJtsrai Lw. <br />l~ '~' ri+rel' t5teer'aa, seder, or j+sd~.rat haldieyy any preriaion ar portion of this instrvmrat invalid ar un• <br />tdtaR:imf is rmy way impair ar preclude the ru(orcrnscn! at the rmrriairsg pravjaioaw ar pariiattta of <br />tltga <br />a~ ~~- ~ _a._ss ... - - - <br />