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<br />83.r.i10U~~._:
<br />d. Fbr 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 />improvemtnts, or betterments madt to the property hereinabove described and all propetty acquired by it after
<br />the date hereof (alt in farm satisfactory to mortgageel• 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 ar hereafter on said property, and will pay promptly
<br />when due any premiums therefor. Ali insurance sfiaII 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 lass, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of toss if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make pa}mtent for such loss directly to mor[¢aeee
<br />instead of to mongagor and mortgagee jointly, and the insurance proceeds, or am pazt thereof, may be applied
<br />by mortgagee at its option either ro 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 propeny in extinguishment at the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagor in and to any insurance policies then in farce shall pass to the purchaser or mortgagee or, at the
<br />option of [he 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 pan 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 mort¢agee may make such repairs as in its discretion it may deem
<br />necessary far the proper preservation thereat; and the full amount oC each and every such payment shall be
<br />immediately due and payable; and shall he secured 6y the icin of this mottgage.
<br />h. To not voluntarily create or permit to hr created against the properq ,ubject to this mortgagt any lien
<br />ar {lens inferior [o the hen of this mortgage without wntten .onsent of the mortgagee; and fitiher, that mort-
<br />gagor will keep and maintain the same free from the etatm at ail ptrsons >upptying lobar or materials for con-
<br />struction of any and all buildings ar impravemenes ntaw being erected ar to be trecttd on sold premises.
<br />i. To not rent or assign atry part of the rant of .;ltd mortgaged property or demolish, or remove, or
<br />substantially after any building without the written consent of the mongagee.
<br />j. All awards of damages to connectiar. with any condemnation for public use of or injury to any of the
<br />propetty subjtct to this mortgagt are hereby assigned and shall br paid to mortgagee, who may apply the same to
<br />payment of the installments last due under said Hate, and mangagee is hereby authorized, in the name of the
<br />mongagor, to exet:ute and deliver valid acquittances thereat and to apptat tram any such awazd.
<br />k. The mattgager shall have the right to inspect the mortgaged prrmists ae any reasonable time.
<br />I. To comply with the proti°isions of any Rase tf this ~fartgage is an a Itaultotd. If this !~lortgagt is an a
<br />unit in a condominium or a planned unit devrlopmtnt, tlorrower shall prrtorm alt of t3orrower's obligations
<br />under the dtclarauon or covenants creating or go+rrning the condominium or planritd unit devrlopmtnt,tht
<br />by-taws and regulations of the condominium or planned untt devetoptrtent, and constituent documents.
<br />2. Default in any of the covenanu or conditions of this tnstrument or of the Wort or loan ageement secured hereby
<br />shall tertttinatt the mortgagor's right to possession, use, arnt enjoyment of the property, at the option of the
<br />mortgagee or assigns fi! bring agreed that the mortgagor shall have such riche until dtfaulU. 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 eht right to enter upon said properly for the purport of collecting such
<br />rents and profits. This instrtrrttent shall operau as an assignment of any rentals on said property to that extent.
<br />3. [f the mortgagor defaults, and faits to make any payments when due or to conform to and comply with any of
<br />tlu comtitiotu or agreements rnntaintad in this mortgagt ar the Hates which it secures, then the entire principal
<br />sum acrd atxrurd interest shall at orme become due and payabk, and draw * per cent (13, 75 *ra) interest
<br />tttersafter unlit paid at the elation of the morlgagtc; and this mortgage trtay thereupon be foreclosed immediately
<br />for the whoa of ttte indebtedness hereby secttreti, itxtttdiug the cast of extending the abstract of title tram the
<br />dais of this mcutgagt to the tithe of rnmmettcing such suit. Thirteen and three-quarters (13.75)
<br />4, fn the swat of a forsdoaure or defatrtt as proridtd herein, the mortgagee shall at unct be entitled w the pos-
<br />sossiatt, use, and tnjraymeat of the rent estate aforesaid anti to the rent, issues, royalties, att<i profits thereof,
<br />frexn the aetruirrg of such rights and during the pettdetxy of farca:losutr prtaetdings and ouch pt>,ssresians, etc..
<br />siratt at cutcs tx dttiaYred to the mtxtgagte uptut rrt;uat, upon failure wch delivery of such ptassrssron may be
<br />tafixtett by mtrrtgatse, try any appropriate legal proeadinp, ittduding a reserver tar the properq.
<br />S. Tits proessdx of arty eats of said property in acLOrdamr with the preredittg paragraphs <_hall l±e applied first to
<br />pap ttte toasts amt ~ of said sate, the expersetz ittcurrrd by the munttatttc for the p ttrpost tit prattctmg or
<br />maittttsi»iog rid prtapCxty, saoridtY, to pay tM irrdchtacintas sectrrtd htrrt+v: acrd thtrdly, to par ant sumlus or
<br />eft to Ctrs tterst~n au ptrsrrna teplty etuititd ttttrcta•
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