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~3--UfJ€~~~ d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors or assigns, mortgagor shalt execute and deliver a supplemental mortgage or mortgages covering any additions, improvements, or betterments made to the property hereinabove described and all property acquired by it after the- date hereof (a8 in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default in the payment of a prior ar inferior encumbrance on the property described by this instrument, mortgagor here- by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances shaft become part of the indebtedness secured by this instrument, subject to the same terms and conditions. e. The rights created 6y this conveyance shall remain in full force and effect during any postponement or extettsion of the timt of the payment of the indebtedness evidenced by said promissory note or notes, or any part thereof secured hereby. f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee may from time to time require on the improvements now or hereafter on said property, and will pay promptly when due any ptrmiurns therefor. All insurance shall be carried in companies acceptable to mortgagee and the policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clauses in favor of and in form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writing to martgagce, and mortgagce may make proof of loss if not made promptly by mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such loss directly to mortgagee instead 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 the indebtedness hereby secured or to the restoration or repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title to said property in extinguishment of the indebtedness secured hereby, alt right, title, and interest of the mortgagor in and to any insurance policies then in farce shall pass to the purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund. g. To keep all buildings and other improvements on said propem in good repair and condition; to permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the event of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem necessary for the proper preservation thereof; and the full amount of each and every such payment shall be immediately due and payable; and shall be secured by the Lein of this mortgage. h. To not voluntarily create or permit to be created against the property subject to this mortgage any lien or bens inferior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort- gagor will keep and maintain the same tree from the claim of alt persons supplying labor or materials far con- struction of any and all buildings or improvements now being erected or to be erected on said premises. i. To not rent or assign any part of the rent of said mortgaged property or demolish, or remove, or substantially alter any building without the written consent of the mortgagee. j. Ati 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 payTrtent of the installments lazt 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. 1. To comply with [he provisions of any least if this Mortgage is nn a leasehold. if this Mortgage is on a unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations under the declaration or covenants cresting or governing [he condominium or planned unit development,the by-laws and regulations of the rnndominium or planned unit development, and constituent documents. 2. F,lefauk in any of the covetants or conditions of this instrument or of the note or loan agcement secured hereby shalt urminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the mortgagee or assigns (it 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 acruring after default az security foe the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such rents and profits. This instrument shalt operate as an assignment of any rentals on said property to that extent. 3. tf the mortgagor defaults, and fails to matte any payments when due or to conform to and comply with any of the cottditiotts or agreements contained in this mortgage or the notes which it secures, then the entire principal sum arui accrued interest shall at once become due and payable, and drawFift:eer~ cent ( is-41o) interest therrniter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the date of this mortgage to the rims of commrncing sttclt suit. 4. Iri the event of a itre or defanit as provided herein, the mortgagee shat! at pore be entitlal to the pos- scs~wt, use. atxi rnjoyment of the real estate aforesaid amt to the rent, issues, royalties, and profits thereof, from the art~ruittY of such tights and during the pendency of foreclosure pea eedings and such possessions, etc., stytll a otttx be delivered to the atartgagee upon requtat, upon failure such delivery of such possession may be enforrod by moltga>lne, by arty apptapriatr kEal proceedit[gs, including a receiver for the property. S. Thtt pracaeds of any sale of said properly in acxordance with the prtt^eding paragraphs shall be applied first to pay the cYtttts et[pensca of said sale, the expanses itttxtrred by the mortgages tar the purpose of pratet-ting ar gtsi~ aa~l prttpatg, sscotxtiy, to pay the ittd~iednesa secured ]tereby, and thirdly, fa pay any surplus or eapca~ to the petrxtn ar prrstana ~y entitled tfiereao.