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<br />d. For bewer security of the indebtedness hereby secured, upon the request of the mortgagee, it.s sm.x:essors
<br />or assigns, mortgagor shaH execute and deliver a supplemental mortgage or mortgages covering any additions.
<br />improvements, or betterments made (0 the property hereinabove described and all properly acquired by it after
<br />the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail {ocure 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.
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<br />e. The rights created by this conveyance shall remain in fun force and effect during any postp()nement or
<br />extfmsionof thle time of the payment of the indebtedness evidenced by said promissory note or notes,or any
<br />part thereof sc~cured hereby.
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<br />f. To con~irmously maintain hazard insurance, of such tYPf;~ or types and insueh amounts as the mortgagee
<br />may from time to time require on the improvements now or hereafter on said propet'ty~ and will pay promptly
<br />when due any premiums therefor. All insurance shall he carried in companies acceptable to mortgagee and the
<br />policies andn~newals thereof shaH be held by mortgagee and have attached thereto loss payable dallses in favor
<br />of and,in form acceptable to the mortgagee. In event of loss, mortgagorwiH give immediate. notice itr 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 amhorizedand 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. restofation or
<br />repair of the iPropert.y damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title
<br />to said prop(~rt:y 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.
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<br />g. To kc~ep 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 Of any part thereof; in thecvent
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises~ or
<br />improvemems 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 shaH be
<br />immediately dUle and payable; and shaH be secured by the lein of this mortgage.
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<br />h. To not voluntarily create or permit to be ,:reated against the property subjc(:t to this mortgage any lien
<br />or liens inferior to the lien of this moftgage without written consent of the mort,gagee; and futherl that mort-
<br />gagor will keep and maintain the same free from the claim of all persons supplying labor or materials for con-
<br />struction of any and all buildings or improvements now being erected or to be erected on said premises.
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<br />i. To n()t rent or assign any part of the rent of said mortgaged prop(~rty or demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
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<br />j. All awards of damages in connection with any condemnation for public use of or injury to any of the
<br />property subjle(~t to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the same to
<br />payment of thj~ installments last due under said note, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to 1execute and deliver valid acquittances thereof and to appeal from any such award.
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<br />k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time.
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<br />l. To comply with the provisions of any lease if this Mortgage is on a leasehold. if this Mongage is on a
<br />unit in a condominium or a planned unit development, Borrower shall perform aU of Borrowerls obligations
<br />under the dc:~cIarati()Il or covenants creating or governing the condominium or planned unit development, the
<br />by..laws and lrel~ulations of the condominium or planned unit development, and constituent documents.
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<br />2. Default in any of the covenants or conditions of this instrument or of the note or loan ageement st'Cured hereby
<br />sbaU terminate the mortgagor's right to possession, use. and enjoyment of the property, at the option of the
<br />mortgagee or assigl1ls (it being agreed that the mortgagor shaH have such right until default). Upon any such
<br />default. the mortgagee shaH becol1ie the owner of aU of t.he rents and profits accuring after default as security for
<br />the indebtedrlelis secured hereby, with the right to enter upon said property for the purp()se of collecting such
<br />rents and profill.s. This instrument shall operate as an assignment of ~\ny rentals on said property to that t~xtent.
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<br />:3. If the mOJ'lgll~gor defaults, and fails t(> make any payments when due or to conform t.O and comply with any of
<br />the conditions or agJeements c(,llltained in this mortgage. or the notes which it secures, then theentireprindpal
<br />sum and accnJil~d inlLerestshall at once become due and payable, and draw * per cent interest
<br />thereafterunltU paid at the election of the mortgagee; and this n;mrtgage may thereupon be foreclosed irnmediately
<br />for the whoh~ of Hl~: indebtedness hereby secured. lIH.:luding the cost of extending the abstnH;t of title from the
<br />aaleor this n:l'l'ftgage 1.0 the t.ime of ,:omlllcm;ing such SUiL *Thirtee.n ;'Hld Percen t,
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<br />4. In
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<br />a fo:redosure or default as provided herein, the mortgagee shaH at on<.:e be entitled to the P()S~
<br />of the relid estate afores2.id and to the rent, issues, royalties, and lnere()f.
<br />such (Ind the pendenc.y of fl.)reciosurennd such ett~.,
<br />to the InOltgagee upon n'.!(l!.U:~sl, UP(.)f! failure such of such pos5es,sion m~lY be
<br />any tt receiver fot th~ r>[OlHimy,
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