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<br />A4,.r.a~ Ofl2161
<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 hereinabave described and all property acquired by it after
<br />the date hereof (all in form satisfactory to rttortgagai• Futhermore, should mortgagor fail to cure any default
<br />in the ayment of a prior or inferior encumbrance on the property described bV this inatrttmrnt, mortgagar'hera
<br />by agrees to permit mortgagee to cttrr such default, but rnortgaga is not obligated to do so; seed such advatrrxs
<br />shall become pan of the indeMedness secured by this instrtttttent, subjtd to the saute terms and oottditiotts..
<br />e. The rights crested by this conveyance shall retttain in full fora and effect during arty poatponetttetti.or
<br />extension of the time of the garment of the indebtedness evidenced by said promissory note or ntxesr or-aay
<br />part thereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type or types and in Bach amounts as the mortgagee
<br />may from time to time require on the improvements now ar hereafter on said property, seed wilt pay promptly
<br />when due any premiums therefor. All irsurance shall be carried in companies acceptable to mortga~e:and`thC
<br />policies and renewals thereof shall be held by mongaga and have attached thereto toss ptlyable clauses to fluor
<br />of and in form acceptable to the mnnaa¢ee. In event of loss. mortgagor will give immediate notice in writing;
<br />to mortgagee, and mortgagee may make proof of loss if not marls promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment for such loss directly Fo mrmgagee
<br />instead of to mortgagor and mortgagee iointly, and the insurance proceeds, or any part ehetsof, may be applied
<br />by mongaga at its option either to tree reducnon at the indebtedness hereby secured or [o the restoration of
<br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other trattafa of title
<br />to sour property rn extinguishment of the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagor to and to any insurance pohrta then in farce shall pass to the purchaser or mortgag°^. or, at the
<br />option of the mortgagee. may he surrendered for a refund.
<br />g- To keep ail buildings and other :mprovemrnxs on said property in good repair seed condition; to
<br />permit, commit, ar suffer no waste, tmpatrmrnt. dtterioration of said property or any part [hereof; in the evem
<br />of failurr cat the mortgagor rn keep the puddings an said premises and those ettcted on said, premis+re, or
<br />:tnprovemrnis Iherean.:n Itcxxl repair, the mangagte may makt such repairs as in its discttlion it may dam
<br />ner~sarv tar the prrsprr pr~eservat:an thereof: and the tali amount •sf each and every such paytrxrtt shall be
<br />tmmnltately due a_^d ;~avabtr: and shall t+e se~:urrd by thr Lein of this mortgage.
<br />h iu not ~•oluntat:ty srratc ,,; pcnmt trs t>r ~reatrd against the property subject to this martgage any lien
<br />.,r ?:ens vntrrrer :c, the i:rn ,~t :hex rnartgagr without written sonsem of the mortgagee; and Fu[her, that mort•
<br />yagor wrll kerp and matmatn the came tree tram nc~ claim of all persons supptytng labor or materials foe con-
<br />,truruon of am aced all `?utidtngs ur nnpravements now being erer[rd ar to be erected on said premises.
<br />t. T. not rrnt +x assign env hart of the rrnt ~sf ,std mortgaged prvtserty or demolish, ar remove, or
<br />xubstanuall. after an. tsutldtng ~rihout the written ~onsem of the morlRaRee~
<br />i- Ail awards u! dartta$es trt sunnctran wvttt any cnndemnaLOtt tai public use of ar injury En any of the
<br />prtttserty sub[tx-t to this martgaxe are hereby asstgtted aced strati he peat to mortgagee, who may apply the same to
<br />payment of the mstallntents fast dur undrr said notr, at[d runrtgagee is hereby authorized, in the name of the
<br />martttagor, to aerate and delrver sated arquutatxrs thertaf and to appea{ from any such award.
<br />k. Thr mortgager shalt have the rtRht to tttsperi thr mortgaged premises at any reasanabte time.
<br />Ta comply wuh the pravtstons tit any tease ti ihts Mortgage is on a leasehold. If this Mortgage is on a
<br />amt rn a tandomemum or a planned anti development, Borrower shall perform all of Borrower's obligations
<br />ands the deciarattan or covenants ereattng ur governtt[g the eondomtmwa ar piaaatti unit derelopmmt,the
<br />by-kaws and teguiattons of the rartdomtmum or planned amt development, sad constituent documems.
<br />2, [)elauh m any of the s-avrnants or caad[uons ai thrs tnstrurneat or of the rise or loan ageement secured I[ercby
<br />shall 2crmtnate the mortgagor's right to possessran, usr, aml rnlayment of thr property, at the option of the
<br />mortgagee ar assigns tit being agreod that the morgagni shall here such right until default). Upon any such
<br />default, the mangagee shall tserame the owner of at! of the reins and profits securing afro default as sa~ttrity tar
<br />the tttdebtedness secured hereby, weep the right to cntrr upon said property Car the purpose of collecting such
<br />rents and prat"its. Phis [nstrumeat shall operate as an asst$ntrtent of any rentals nn said progeny to that extent.
<br />3. If the mortgagor defaults, and tads to make any payments when due or to canlarm «s aced comply weep any al
<br />the rattditions ar agreements contained m this martgage or the notes which it smtres, then the entire principal
<br />stttti and aCS:rued interest shall at once beccsme due and payable. and draw 1,9, 75per sxnt (14^._46) interest
<br />theidtfter until paid at the election of the mangager, and this mortgage may thereupon be foreclosed immediately
<br />for the whdt of the indebtedness hereby secured, including the cost of extending the abstract of tide from the
<br />thus of [his martgage to the ttmr of rommertcutg such suit.
<br />3. In the evem of a foreciosutt ar default as provided hereto, the mortgagee sha11 at om~e be entfded to the prss-
<br />sesttion, use, and rnjoytnent of ttsc real estate aforesaid and to the rant, essuea, royalties, and profits thereof,
<br />from the atxrutng of such rights and during the penden[y of tareta,icxsure prtx`ceaiingx and such txss.esstans, rec.,
<br />th4il at tutu be delivered to efts mortgagee upon reyues4, upon failure such delivery of such txsssession may hr
<br />enfirtct~ by mortgtsgee, by ar~tr appropriate legal prov:erd3ngs, inetudirtg a reserver for the property.
<br />~. The prtsetedx of arty sale of saw protieny m atxardanre scrip the prh-eding paragraphs shall f+r app4ted t:ra to
<br />paY tree sast& and ratpraues of seal sale, the expetu:es Fnt.-tured by the martaagsx !ar thr purpc~sr of pmtecttn$ a+
<br />attid pxopreny, seetandly, to pay the trtdebtrditcss ±e3yurrci hrrrby°; and thirdly, to tuty any *urtslus ,?,
<br />rxzx~ to tlrt penavn m persons EugaFij+ entukd ttuxetcs,
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