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83- 0016:39 deliver a supplemental mortgage or mortgages covering any additions, improvements, or betterments made to the Mortgaged Property hereinabove described and all property acquired by it after the date hereof (all in form satisfactory to mortgagee). Furthermore, should mortgagor fail to cure any default in the payment of a prior or inferior encumbrance on the Mortgaged Property described by this instrument, mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances shall become part of the indebtedness secured by this instrument, subj ect to the same terms and conditions. (f). Extension of Time. The rights created by this conveyance shall remain in full force and effect during any postponement or extension of the time of the payment of the indebtedness evidenced by the Note or any part thereof secured hereby. (g) . Insurance. Mortgagor will 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 and Fixtures now or hereafter on said property, and will pay promptly when due any premiums 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 mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance company concerned is hereby authorized and directed to made 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 ti tIe to said property in extinguishment of the indebtedness secured hereby, all right, title, and interest of the mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund,. (h). Maintenance and Repair. Mortgagor will keep all the Improvements and Fixtures in good repair and condition; will 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 Improvements and Fixtures 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 lien of this mortgage. (i) . Liens. Mortgagor will not voluntarily create or permit to be created against the Mortgaged Property any lien or liens inferior or superior to the lien of this mortgage without the written consent of the mortgagee; and further, that it will keep and maintain the same free from the claim of all persons supplying labor or materials for construction of any and all buildings or improvements now being erected or to be erected on the Realty. (j) . assign any part of demolish, or remove, Fixtures without the Assignment. Mortgag,")r will not rent or the rent of the Mortgaged Property or or substantially alter any Improvements or written consent of the mortgagee. (x) . Condemnation. All awards of damages in connection with any condemnation, for public use of or injury to any of the Realty, Improvements and Fixtures subject to this mort9Age are hereby assigned and shall be paid to mortgagee, who may apply the same to payment of the installments last due under 3