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.- --:: -- � _ _ <br /> , Y - . . � � ` � ___ �. � ' � <br /> ' , ` ' - , � , ' �; . ` .�r������� • . � . , . . <br /> ` � d. For lxtttr se�yt"hY oi the indebt� htrr`4Y se�ured,uRon.the request of the martgaaee. tts svo�aso�rs <br /> , . :ot�sssipis..martg�or shall actcute and�delivrr a suFpkmewt mongsge or aioitga�es'cuveriag aay add[tioa9, . . <br /> ' ` �il�rovements. or bettRrmtnts mtd�to clie prcrpertY hereirtab�vt Qescribal and.all property�ex�uircd by iE after . . <br /> the dzte l�e�eof(aD irr fonn satisfactarSr ta mortgaaae}. Futhermore.shouk�mort�gor fail tu cure�nY default <br /> � � � ia the�ym�of a prior ot inferio�e�tvmbtanae on che pr�imy de�ibsd b�►tlsis irzsmiinent,martgagar hero- , . <br /> � tyy tprea to permit nfart�a ta enre sucb default, bnt mort�x i�,not o6l�ated to do�o, and such ad�ces � <br /> � s��Ome p�irt og the inde�tedness s�ued by this instrument,su6ject to the aame terms and conditioas. <br /> . ; e. TLe ri�hts aated by this comreYanoe ahsil r�ia ia gull force and e[fect during aaY P�Po�at or, < <br /> _ c�tea�sioEt ot tLe time of thie p�l►meet of the iadtbtedness Cvidenoed by sai�pramiswry notp or naus. or any . � <br /> ' patt ibesEOf aocured ljerebY• . � . , .` . <br /> f.To a�toUSty n�aint�a hsard iasur�of sueb¢ype or types and ia such amaunts as the moct�agee <br /> c ; ,•msy from time to time reqniro oa tfle impravemeats no�►or herafter on said prape�ty. �red an'll paY P��P�Y . <br /> . , when due any premiumt fherefor. All insuranre sha11 be carretd ia.compania acceptable ta moR�a and the . . <br /> pdicies�nd rene�vaLs thereof shali be hetd by moitg�ga and have attached thereto loss pay:bk ctauses ia favor <br /> � ° ' of and in.fone fc�tpt�tbk to the mortga�ee In event af loss, mortgagoT will give intmediate nau�;e .a writi.-; <br /> _ �mart�tee.a�nd m�rt�ja may m�►ke proof of[oss if not made prompUy by mort�or. aad eud iasurance . <br />��,'-��:;� " � � �,com�xny�ca�beerned is hereby authoriud and dtrected to make psyment far sush �oss directty to mat�saee ' < <br /> ; `�`,:.; ., � ir�te�id ot���RSaBor and mortsaEet jointiy.and the insarana prooesds. or any part thaeof. msy be appL�od <br /> ;;�. - �.g�irtott�:�t its opiiats either to�xhe rfductioa of the indebtedness Aeseby secvred or to the restont�on or � <br /> . nepsir of t�i��operty►;c��rnaBed or destroYed• In t�'en�of foreclosure of thi§mortgage.or other transfa af title <br /> • to stud pr�city in cxtinguishtnmt of the inde6tednass secured he:eby. all eight, title� and intuest of the - <br /> mprtssgor.�;and to any �nsurance palicies then in force shall pass to the purchaser ar mortg,agee or. at the � <br /> option of t�martgagee.msY�e surrcndered for a rcfund. � <br /> . . -�. Tct �Cecqs al#fittitdia�s a�es! ather fm{srovements aa said prngetty in good sepair an�c�onditi.vn; ta - -- - - � - <br /> permit,co�nnit,or suffer.no wasu, impairmeat, deterior�aon of said property or acc�r part thereaf; in the etient , <br /> of failure of the mortgagar to kap the buildings on said premues and those ec�cted on �aid premises, or , ; <br /> � iraprovcments thereon, in good repair. the moetgaSee may�m�ke such re�pairs as in its disaetl�,n ic ros►y dam , , <br /> ' ntcessary for the prope� preservation therer�f; anQ the fult rtmount c��ach and every such p�aYment shall be <br /> ' . immedl�tet��e and payablr. and shall 6e securesi by the leia vf this mortgage. . , <br /> --------- - ----- h. T�i:c�t voluntarily create ar permi! to t+e createci agair�sc cicc proprrir su�je�i t�.ti;�s�.srtg:ns asz;!i� . _ � <br /> - �. t�fieos inf�rior to the lien of this mortgage�tehout written consent of thr mortgagee: and fccther. that �nort• .. <br /> � � .�qr w"a'!kcep and maintain the same free frar:�thc claim of all persons supptying labor ot ccataials f�r con- ' <br /> sttucsia�o�,��any and all buildings or improvements naw being erected or ta be erected on s�id premises. , " ��- <br /> � i, To not rent or assian any �an ai� the rent af said mortgag,ed propetty ur.demoJish, ar remave, ar . <br />' substantialty stlter any buitding without the written consent of the morr.��ee. ";� <br /> � <br /> j. All swards of damaYes in �•^.nectian with any condemnatian ior pubtis use of or injury to any oi the <br /> � aropMy,subject ta this mc�rtgage are hcreby assigne6 and shalt be paid to martg,agct. who may appiy the same to . <br /> �►yrnent of Ihe instaliment� !ut due under said note. �nd mortgaga is hcreby �uthoriud. in the name of the � <br /> t�lort�or,to eaecute u�:�d detivar v�lid acqu�zcr��ces thrteaf And to�pp�l f'rom �ny such award. � � ` � <br /> k.The mnrtgagtt shall have tl�e rlght to inspe¢t the mace�agcd premises at any�easonabte timr. � � <br /> � 1. To com�iY with the pTOVisions of any lease if this Mortg�ge is on �le�sehatQ. If this Mott�e is an a <br /> � <br /> � unit in a condominium or e ptanned unit deveiopment. Borror+er 4.,"r.al! perform all of Barrcrwer's oblig,�tions <br /> under �he declaration ar covena^'� creAting or gaverniag the condominium or pl�nned un:� developmrnt.the <br /> by.lswx and regulatians of�he c�inium or planncd u^.it dtvelopment.and con�:tuent documents. <br /> 2. Dei'ault in any of the cv�renanu ar conditior�s�:'this instrument or of�ht nate or lo�n sgeatr�t secured hereby <br /> shill terminste Ihe r.�a+st�jat's ri�ht to pos�tssian. usc. and enjoynunt of thc propeaty. r�: ��e oDtion ot the <br /> � ' mort�a or assiang (is beins s�grad ehat �d�e mortgagu: whall have such right untii defautc). Upon any such <br /> detaulb the martjagee shall tfe«t.tic the owner of all nf tk�r renls and profits accuring aiter defauli as secucity far <br /> tht iridebteQntss secured hereby. with the sight to entrr upon said prnperty fcrr�the purpose at eoltecting sach <br /> �ents�nd proiits.Tfis as�strument sh�ll operate as ao a9signment of a��rentals an eaid p:operty to�h�t exttm, <br /> . � 3. it the martg�p�dt defaults.And_f.+r:is to make any paym:ratl when due ur to confurm ta and comp{y with any �i <br /> . � � the conditians or a�,rttments cc�Yr,x:�ed in t$is mortg�e ar the reotes which it stcures. then tht entire Dfincipal _ _ <br /> �?.Ci o, �•�--== <br /> sum�nd accr.�ed inscrat sh�ll at anve bec�cn�x clue and payable, and draw 12,b._ per ceni (_._e._,o� �nter�t , <br /> therrafter until pttd at the etcction of the nt��rt,g�.gee: and thig mortgagr may thereupun be,for��xose�i immediasely <br /> [as the wti�k of the�indebtedtles.5 heteby secured, including ehe cost ut extertding the abstrect of title frdtn the <br /> -. . . : _. � <br /> . dite of this mortaaae to the tin�w9 commenclag surh suit. � - �� <br /> � d. In ihs event�ofi u torrcic�sure or default as pravided htrein. the mar�gagr.e shail at ance be entitle+d ta the pas- � <br />; � scssio�, uu, and enjaymtnt ofi tht reil estath afares�id ar�d tn �l�e rent. issues, t�+yaltiesx antl profits therec�F. <br /> from the aerfuittg nf su�:fi rights and during the peadency uf tc�tt�lc��urc prcxceciings aad such possessi�ns.�etc.. <br /> � sha.)ttt nnce ht detiycreci tv the mQrtg�ec uqnzi rcyues�. einnn fait�re such delivety�f sucb possts�ian ttta} t+e p„ <br /> , enldrrsd bY mvrtga�er.by nny ap�rc�psi3te tegal proc:ecdings. in�ludi��t a►eceever taz the propeity. ' �� <br /> - - - - _ :•.�. <br /> 5, 'fhe�pt`qtCedS i+f ut�y salc of caid prapetty in accutd�tiee w�th thc rrecedmk.�.�uragrart►� s��lt hr a�;�lieci iirct t�� _, _- <br /> . pay�the costs and�xpenses of s�id s:�ie.Ihe e�pences iticutrrd by !he mort�agee fut the purp�:e nf �tuteriu�g «r <br />: tnai�l4aining said ptoperty,setvttdly. tcr�ay thr iticl�btrdt�r�c cccc�rcJ hrrcby; ancl t{��irdty. tv �ay auy«�►c�l«� ��t <br /> eacesS ta ihc persun nr pe�sons tegal{y cnt�tted tF�eretu. <br /> � <br />