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<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 (alt in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in the payment of a prior or inferior encumbrance cn 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, subjeM to the same terms and conditions.
<br />e. The righu 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 />tray 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 shall be 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 foss if no[ 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 jointiv, 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, ail right, title, and interest of the
<br />mortgagor in and to any insurance polities 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. Ta keep alt buildings and other imprvvements 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 goad repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessazy 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 not voluntarily create or permit to he created against the property subject to this mortgage any lien
<br />or liens inferior to the lien of this mortgage without wntten consem of the mortgagee; and futher, that mort-
<br />gagor will keep and maintain the same free from the claim of all persons supplying tabor or materials for con-
<br />struction of any and all buildings or imprvvements now being erected or to be erected on said premises.
<br />i. To not rem or assign any part of the rent of said mortgaged property ar demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
<br />j. All awazds 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 be 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 thereat and to appeal from any such award.
<br />k. The mortgagee shat! have the right to inspect the mortgaged premises at any reasonable time.
<br />1. 7o comply with the provisions of any lease if this Is4origa$e is on a leasehold. If this Mortgage is on a
<br />unit in a condominium or a planned unit development, Borrower shall perform alt of Borrower's obligations
<br />under the declaration or covenants creating or governing the condominium or p!a...^.~ u.^.ii development,the
<br />by-laws and regulations of the condominium or planned unit development, and constituent documents.
<br />2. Defaultsn any of the covenants or conditions of [his instrument or of the note or loan ageement secured hereby
<br />shall tennittatr the tnottgagor's right to possession, use, and enjoymrnt of the property, at the option of the
<br />mortgagee or assigns (ii being agreed that the mortgagor shat! have such right until default). Upon any such
<br />default, the mortgagee shall become the owner of all of the rents and profits att'uring after default as security ibr
<br />the indebtedness secured hereby, with the right to rnter upon said property For the purpose of collecting such
<br />~,,a .,...r.:~ •ntis inst^,.r~nt ~h~li t,.r rate as an assia .atent of err. rentals on said ro rt to that extent.
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<br />3. if the mortgagor defaults, and faits to make any payments when due err to conform to and comply with any of
<br />the cot~itiotts or agretrnenu contained in this mortgage or the notes which it secures, then the entire principal
<br />sum anti aoerurd interest shall at arts become due and payable, and draw per cent (~.9;~.Z~slo) interest
<br />thereafter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately
<br />for the whole of rite indrbtedtxss hereby secured, including the cast of extending the abstract of title from the
<br />date of this mortgage to the titrte of rnmineoeing such suit. •Faurteen and TY,ree/¢uarters
<br />~, in the anent of a fotedosure or defau)i as provid~l herein, the mortgagee shall at attce be entitled to the pos-
<br />Wit, tree, and enjoyment of the t~l estate aforesaid and to the rent, issues, royalties, and profits thereof,
<br />from the aarruinti of such rights and during the pendeitcY of forecloswr procced'engs and such possessions, etc„
<br />sitati# ai once be dtiireted to the mortgagee upon requeu, upon failure such delivery of such ptssession may be
<br />ttttfotcxd by m4rt;agmc. by any apptropriate kga! protxrdittgx, inchtdittg a receiver t'or ilia property.
<br />i. 71st Pry of anY sak of raid prt~terry in accortianx with the pTrcading paragraphs shaft be applied first to
<br />par tnr ctiatat and etipeatsw vt saw east. t[x rxpeuces tntvrrca oy tier mortgagee far inr purputir of faruieti~in~5 or
<br />ttap~ said imtperty. trrnndiy, to par for itsdrbirslne!ts secured hereby; and thirdly, to pap any surplus of
<br />r trx the prrsfln vt prrxans ~ttauY tattitkx! thereto,
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