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3. The mortgagor wvmanta and apses that it he shall fail to WY said ie~ebtedass or any pact theseef wiers
<br />dine, er than tail to prrform any cotenant or apeemeut of this instrument ar the promissory note secured hereby, the
<br />entl:e indebtedncae hereby secured shall immediately become dne, payable, sect collectible withoet aetlee, art thr
<br />of the mortgagee or aseigas. regardkas d mattiriti, and the mortgagee or his ssiprs may before or alAer ewtry
<br />rieH said property withotrt apprsiaemmt ithe mortgagor havia~ waived tad awgned to tie naettgagee elf rigbH d
<br />a0tprafsement i
<br />r r I at judkiai sale pursuant to the proviaiens d ~ U.S.C. 2001 {a) ; or
<br />{ n) at tie optima d the maartgagee, eitha: l+y aaatian or by sotiehatisa d sealed bilk,"foe the bi~sert ~
<br />beet bid oomplyiag with the terms d ask and maaaer d payment apeafied is the pnbkrhed ttMiOE d pk; fare'.
<br />giving four weeks' tmtiee of the time, recce, and plate d attt6 ask, by advertieeateat cot leg dpe once
<br />during each of acid four weeks in a nrwnpaper pnbliabed or datribnted is the leanly in which said property
<br />is eittmted, all other nwia being hereby waived by the mnexgagor {and acid msrtgagee, or a~ p;eroa ate.
<br />behalf of acid mortgagee, may bid with the tmpaid iodebtedneas esideaead by acid note). Said salerhall be
<br />held at or oo the property to be sold or at the Federal, eotmtY, or eiry cmartiowe for the solely in tabirb the
<br />' Property is located. The mortgagee is hereby suthoriaed to execute for and m beb:Y d the moetptgor sect to
<br />deliver to the parehser at stub ask a std6eioat eonveyanee d aid property, wbic6 movoyaare aidl contain
<br />redtala y to tlae hrppeaiag d the ddash apes whie6 the ettecation d the pwrer d ale herein pasted
<br />depeadr; sad the said mortgagor hereby rnaatiiats sad appirima the mortgtgee a icy agent or attorney of tie
<br />aorig:gee, tie agent and attorney lees fact d said mortgagar to makes aarJt roeitak and to cascara raid
<br />aoavsyaace and hereby caveaant sect agrees that the reeitaL ao made ahaD be elfeetaal to bar all equity oe
<br />right of trdemptioe. bomeatead, dnwar, sad all other exemption of the mortgagor, all d which are hereby
<br />expresiy waived and osnveyod to the mart~gx; or
<br />(tn) take any oilier appropriate actiart panuant to state ar Federal statute either in state or Federal
<br />court or otherwise for the diapsition of the property,
<br />In the event of a ale a hereinabmve prarided, the orortgagarar env person in ponrearion under the mottgago~r shalt
<br />ties become and br tensors holding over and shall forthwith deliver paseeeriaa ten tie pnrehsser at such ale or he
<br />anmmarilY diapsusedcd, in sceordsttee with the proriaiott d law applicable to tenants bolding over, Tim power
<br />and agency hereby granted are coupled with as interest and are imvoeabk by death or otherwise, and are granted
<br />s etrmulative to the remedies for coiketioa d said indebtedtur provided by law.
<br />4°; Ikr~q~wtdraet~.:d property in aeeerdamee wits tie P~~6 Paa6raP~ ~) be applied first
<br />to pad esPat!~t}t ale. the experts incurred by the mortgagee roc the pttpoae d protecting or main
<br />„ auarneya' fete; secondly, to pay the iadebtednees secured hereby: and thirdly,
<br />m pay aav surplw or exoees to tie petaoa or persona legally emitkd thereto.
<br />5. in tie evaat said prepsrtY is wid at a judicial' fereelesnre ale or ponuant to tic power of sale hereinabove
<br />prtmtsd, and the praoeede ere ,rat sul4teieat to pay the rota! ir~ebtedaer aeeared hY this 's.~taL-smear and evict bf
<br />aaad promtaaory amps, the mattgayae will be tntitkd 40 ; defteiuoey jadg~t f~ tie uttsaat of tie~'toiafssrt
<br />codices to appruiaswaant.
<br />b in the evert the mortgagor fsih to pay any Federal, a4ic, or local tax nsaeenmeett, income tax or other tax lien.
<br />chards, fee, or other expene charged agaiaat the property, the mongagee is hereby authorized at hie optio,. to pay
<br />the ace. Any cams so paid by the mortgagee shall be added to and become a part of the principal amount of the
<br />iuw evidenced by said note, subject to the came teraas and condition. If the mortgagor shall pry and
<br />diaaharge the itidebtedttew evidenced by said proaaiasory notq and shall pay such name and shall Jiacharge all lazes
<br />and liens aced the coats, fetes, and expemea of makioq, eaforcinq, and executiaq this mortgage, then thin mortgage
<br />aioN ba eaecefed and surrendered.
<br />7. The toveganL herein wntaintd aha11 bind sad tie beoefiu and advantage shall inure to the respective auc-
<br />sarrlrr and sauiEtt d tie paztis hereso. RTltosever used, tie aiagnlar ntmiber shall include ties pbttal, the pinta( the
<br />ttl+tptlar. and tie woof any ~mder rball includes all gonden.
<br />& :"Ike xsiter d any cotenant herein or d the obiigatim. secured hereby stall at any time thcrsafter be Geld
<br />a i. a waiver d rho reran bermt or of ties note aacueud hereby.
<br />9. bs sranpllaacs avid aeetian 1011!$) of ibe lints sad Redulstiona of the Small 8tuiaeas Adaaioiatratiaa (i3
<br />C..F 8. Mt.l (d) ). this ioatrgmeat is to 6e eonprved sad enforced is aeeerdaooe wits applicable Federal Lw.
<br />40, 1- juditia) dtrrea, audu, or judpaeat ho m provision ax
<br />shat) sot in as - xa Idie~g y Portion of thin intruaust invalid or ua-
<br />y y impair w pralyde rite eatoresmeat of ibe rmaiatio,6 proriaioo. or portion of
<br />~ farirurnent.
<br />aa- r.,. car Ia.rar
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