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— '004s,55? <br />d. ':For better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors <br />or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions, <br />improvements, or betterments made to the property hereinabove described and all property acquired by it after <br />the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default <br />in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor here- <br />by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances <br />shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions. <br />e. The rights created by this conveyance shall remain in full force and effect during any postponement or <br />extension of the time of the payment of the indebtedness evidenced by said promissory note or notes, or any <br />part thereof secured hereby. <br />f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee <br />may from time to time require on the improvements now or hereafter on said property, and will pay promptly <br />when due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the <br />policies and renewals thereof shal! he held by mortgagee and have attached thereto loss payable clauses in favor <br />of and in form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writing <br />to mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance <br />company concerned is hereby authorized and directed to make payment for such loss directly to mortgagee <br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied <br />by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or <br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title <br />to said property in extinguishment of the indebtedness secured hereby, all right, title, and interest of the <br />mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the <br />option of the mortgagee, may be surrendered for a refund. <br />g. To keep all buildings and other improvements on said property in good repair and condition; to <br />permit, commit, or .suffer no waste, impairment, deterioration of said property or any part thereof; in the event <br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or <br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem <br />necessary for the proper preservation thereof; and the full amount of each and every such payment shall be <br />immediately due and payable: and shall be secured by the Lein of this mortgage. <br />h. To riot voluntarily crcale of permit to he created against the property subiect to this mortgage any lien <br />or liens inferior to the lien of this mortgage without written consent of the mortgagee: and futher, that mort- <br />gagor will keep and maintain the samr free from the claim of all persons supplying labor or materials for con- <br />struction of any and all buildings or improcerncnts now being erected or to be erected on said premises. <br />i. TO not rent or assign airy part of the rent of said mortgaged property or demolish, or remove, or <br />substantialty alter any building without the written consent of the mortgagee. <br />j. All awards of damages in connection with any condemnation 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 same to <br />payment of the installments last due under said note, and mortgagee is hereby authorized, in the name of the <br />mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award. <br />k. The mortgagee shall hate the right to Insfxct the mortgaged premises at any reasonable time. <br />1. To comply with the provisions of any lease if this 'Mortgage is on a leasehold. if this %lorigage is on a <br />unit in a condominium or a planned unit development, Borrower shall perform Al of Borrower's obligations <br />under the declaration or covenants creating or governing the condominium or planned unit developmeni,the <br />by -laws and regulations of the condominium or planned unit development, and constituent documems. <br />2. Default in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby <br />shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the <br />mortgagee or assigns (it being agreed that the mortgagor shall have such right until default). Upon any such <br />default, the mortgagee shall become the owner of all of the rents and profits accuring after default as security for <br />the indebtedness secured hereby. with the right to enter upon said property for the purpose of collecting such <br />rents and profits. This instrument shall operate as an assignment of any rentals on said property to that extent. <br />3. if the mortgagor defaults, and fails to stake any payments when due or to conform to and comply with any of <br />the conditions or agreements contained in this mortgage or the notes which it secures, then the entire p"iJ& <br />sum and accrued interest shall at once become due and payable, and draw _..l _e_a 5per cent t. t-3-21' 2 07o) interest <br />thereafter until paid at the election of the mortgagee: and this mortgage may thereupon tic foreclosed immediately <br />for the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the <br />date of this mortgage to the time of commencing such suit. <br />4, In the event of a foreclosure or default as provided herein, the mortgagee shall at once be entitled to the pos- <br />t session, use, and enjoyment of the real estate aforesaid and to the rent, issues, rovaltic%, and profits thereof, <br />from the accruing of stich rights and during the pendency of foreclosure proceedings and such pnssessions, etc., <br />shall at once he dehvercd to rite Iortgagee upon request, upon failure such delivery of such posseaion nrly he <br />n <br />enforced by mortgagee, by any appropriate legal i totccdingp , 111011kling a receiver tot nct, piopclty. <br />fQ <br />lr� <br />4 the pioseed% of inv sale of sajo ptopc'11y iii ittlOtdarit;e with the J1Fv,edtti L; paraviaph, 'A ial1 he :ipplivil fir,i it <br />pet) flier coat% anal exfxtiscs of %aid tale, [tie cyprnces incurred by the mmlgaptvc tot ter put;e+"c of ptnre.unp nr <br />MA1111aLniftii ',attt t09X11%,. 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