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<br />1. Tim xww1gW etotemot o Mad afro m ate SWI tssi
<br />ab NO will p ireftistly pay dies indelstodinews evidenced by Mid prandwory awe at the tunas sees its dw
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<br />to dsa aaid ""WOW
<br />c. He will pay such expenses and fees as may be incurred in the protection and maintenance of said
<br />property, including the fees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee's salt, or court proceedings, or in any othau
<br />litigation or proceeding affecting said premises. Attorneys fen reasonably incurred in any other way shall be
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee. its mac•
<br />cessars or assigns, he shall execute and deliver a supplemental mortgage or mortgages covering any additions.
<br />improvements. or betterments made to the property hercinabove described :nd all property acquired by
<br />it after the date hereof (all in form satisfactory to mortgagee). Furthermore, should mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance on the property described by this instrument,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so;
<br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />terma and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement
<br />or extension of the time of payment of the indebtedness evidenced by said promissory note or any part thereof
<br />secured hereby.
<br />j. He will continuously maintain hazard insurance, of such type or types and in such amounts as the
<br />mortgagee may from time to time require on the improvements now or hereafter on said property, and
<br />will pay promptly when due any premiums therefor. All insurance shall be carried in companies acceptable
<br />to miartgagess and the policies and renewals thereof shall be held by mortgagee and have attached thereto
<br />lot payable clauses in favor of and in form acceptable to the mortgagee. In event of lose, mortgagor will give
<br />imtned. to notice in writing to mortgagee, and mortgagee may mane proof of lose if not made promptly by
<br />mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such
<br />lees directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any
<br />part thereof, may be applied by mortgagee at its option either to the reduction of the indebtedness hereby
<br />ensured or to the restoration or repair of the property damaged or destroyed. In event of foreclosure of this
<br />mortgage, or other trawler of title to said property in extinguishment of the indebtedness secured hereby, all
<br />right, title, and interest of the mortgagor in and to any insurance policies then in force shall pass to the
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund.
<br />g. He will keep all buildings and other improvements on said property in good repair and condition;
<br />will permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof;
<br />in the event of failure of the mortgagor to keep the buildings on.said premises and those erected on said
<br />premises. or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it
<br />may deem necessary for the proper preservation thereof; and the full amount of each and every such payment
<br />shall be immediately due and payable and shall be secured by the lien of this mortgage.
<br />A. He will not voluntarily create or permit to be created against the property subject to this mortgage
<br />any lien or liens inferior or superior to the lien of this mortgage without the written consent of the mort-
<br />gages; and further, he will keep and maintain the same .Free from the claim of all persons supplying labor or
<br />materials for construction of any and all buildings or improvements now being erected or to be erected on
<br />said premiere.
<br />i. He will not rent or assign any part of the rent of said mortgaged property or demolish. or remove,
<br />or s ly alter any building without the written consent of the mortgagee.
<br />j. All award of damages in connection with anv cande.mnation for public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and shall he paid to mortgagee, who may apply the
<br />same to payment of the inaudiments last due under said note, and mortgagee is hereby authorised, in the
<br />name of the mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />It. The mortgagee Mall have the right to inspect the mortgaged premises at any reasonable tithe.
<br />2. i)efteah,in any of the rovenants or conditions of this instrument or of the note or loan agreement secured
<br />sltstll I>rrminale the mortgagerr s right to pessetnion, use, and enjoyment of the property, at the option of the
<br />Owtoifitre or We assigns fit he teg agreed that the mortgagor shall have such right until defoult). Upon any such
<br />the mortgagee shall become the owner of all of the rents and profits accruing after default as security
<br />fW tbt incloMednees secured hereby, with the right to enter upon said property for the purpose of collecting anch
<br />and prolli t, This instrument shall operate as on assignment of any rentals on said property to that extent.
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