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IM r f 1. 7lt..etttgaivr evvraatata era a�+eev es tuat.= r .89- 101442 a. Ih Will pMmp* pay the indebtedness evidenced by said promissory dote at the ti iss amd is thv man r 11 1- pr+avidad L 11% WM pay alt U=&. sawasmeeW waw rate% aid other govemmaaatal ss municipal charpa, dsws►ar impaddams. fat which proviiaim boa toot bees node bereinbefom and will promptly deliver the aMeial euteelpts therefor to the said mortgagm C. He will pay such expenses and fees as may be incurred in -the protection and maintenance of said property, including the fees of any ettomey employed by the mortgagee for the collection of any or all of the indebtedttds hereby secured, or for foreclosure by mortgagee's sale, or court proceedings, or in any other litigation or proceeding affecting said premises. Attorneys' fees reasonaRri.,incurred in any other way shall.be paid by the mortgagor. d. For better security of the indebtedness hereby secured, upon the'request othhe mortgagee, its mc- cessom or assign*, he shall execute and deliver a supplemental vx=tgage or mortgages covering any additions, improvements. or betterments made to the property hereimat , e described zrid all property acquired by it after the date hereof fall in form satisfactory to mortgagee,: Furthermore, should mortgagor fail to curls, any default in the pay rment of a prior or inferior encumbrance on the pro,ty described by this instrument. mortgagor hereby agrees to permit mortgagee to cure such default. but mortgagee is not obligated to do so; and such advances shall become part of the indebtedness secured by this instrumen.14 subject to the same terms and conditions. e 'blur tights created .hy tlris conveyance shale mmain in full force aiml elect during any poetpanement at ex ioriof the time o£ pzvment of the indebtdt > s9 evidenced by said: p missory note or any�r t thereof secured hemby. /. He will continuously maintain hazard insurer of? varit -t -ipe or types and in such amounts as the . mortgagee may from time to time require on the improve -dem, nniv ar hereafter on said property, and will pay promptly when due any premium* therefor. All insurance shall be carried its companies acceptable to mortgagee and the policies and renewals thereof shall be held by mortgagee and have attached thereto love payable clauses in favor of and in form acceptable to the mortgagee. In event of lots. mortgagor will give immediate notice in writing to mortgagee, and mortgagee may make proof of low if not made promptly by mortgagor. and each insurance company concerned is hereby authorized and; directed to make payment for atach lour directly to mortgagee indead of to mortgagor and mortgagee jointly, and the insurance proceeds. or any part thereof, may be applied by mortgagee at its option either to the reduction, of tb indebtedness hereby secured or to the restoration or repair of the property dam or destroyed. In enmt of foreclosure of this morggug% or other transfer of title to said property in extinguishment of the indebtedness secur4 hereby, all righk title; and interest of the mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the option of the mortgagee, may he surrendered for a refund. g. He will keep all buildings and other improvements on said property in good repair and condition; will permit, commit. or suffer no waste, impairment. deterioration of said propert'g, or any part thereof; in the event of failure of the mortgagor to keep the buildings on said prer'nises and those erected on said prmmes. or improvements thereon, in good repair. the mortgagee may make such repairs as in itrdic etion it ma dsmrn necessary for the proper preservation thereof. and the full amount of each and every such payment shall he k mtnediately due and payable and shall be secured by the lien of this mortgage. h. He will not voluntarily create or permit to be created against the. properly subject to this mortgage any lien or liens inferior or superior to the lien of this mortgage without the written consent of the mort- gagee: and further. he will keep and maintain the some free► from the claim as all persons supplying labor or materials for construction of any and all buildings or improvements now being erected or to be erected on said premises. i. He will not rent or assign any part of the rent of said mortgaged property or demolish. or remove, or substantially after any building without the written consent of the mortgagee. j. Ali awards of damages in connection with any condemnation for public use of or injury to any of the property subject to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the same to payment of the installments last due under said note. and mortgagee is hereby authorized. in the name of the mortgagor. to execute and deliver valid acquittances thereof and to appeal from any such award. k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time. 2. Default in any of the covenants or conditions of this instrument or of the note or loan agreement secured hereby shall terminate the mortgagors right to possession. use. and enjoyment of the property. at the option of the L mortgagee or his assigns lit being agreed that the mortgagor shall have such right until default). Upon any such default, the mortgagee shall become the owner of all of the rents and profits accruing after default as security for the indebtedness secured hereby. with the right to enter upon said property for the purpose of collecting such rents and profits. This instrument shall operate as an assignment of any rentals on said property to that extent. t �4 v r. .j h . :fir" I