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The Tale of Tamiyo
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Oracle Data
I, II, III — Mill two cards. If two cards that share a card type were milled this way, draw a card and repeat this process.
IV — Exile any number of target instant, sorcery, and/or Tamiyo planeswalker cards from your graveyard. Copy them. You may cast any number of the copies.
Official Judge Precedents
The card types in Magic include artifact, battle, creature, enchantment, instant, kindred, land, planeswalker, and sorcery. Legendary, basic, and snow are supertypes, not card types; Horror and Room are subtypes, not card types.
When the first, second, or third chapter ability of The Tale of Tamiyo resolves, the ability will continue until you mill a set of two cards that share no card types or you mill one or fewer cards. You can't just pause the story whenever you want to. (And why would you? It's quite the story.)
If you don't want to cast some (or all) of the copies, you may choose not to. Any copies that you didn't cast cease to exist the next time state-based actions are checked.
Because you're paying the spells' costs, if one of the copied spells has 
in its mana cost, you may choose its value as normal.
You cast the copies while the last chapter ability of The Tale of Tamiyo is resolving and still on the stack. You can't wait to cast them later in the turn.
