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<br /> <br /> <br />02854 <br /> <br />d. For better set.^Urity of the lndebted.lles$ hereby secured, upon the requeSt of the mortgagee, its successors <br />,')T assigns, mortg,~gor shalr execute and deliver a supplemental mongage or mortg.ages covering any additions, <br />improveme'nts, or ~{terl'llents made to the property he'reinabove dl.'Scribed and all property acquired by it after <br />the date h~~reof (all ill form to mortgagee), ruthermore, should mortgagor faU 10 cure any default <br />in the payment ,)f a prior or inferior eneurl1bran,,~ o,n described by this instrument, mortgagor here. <br />agr{."e$ to' permit mortgagee to cure such default, f>l:lt mortgagee is not to do so; and such advances <br />of the indeblt>drleSs :'i"X.'tIl't!d hj! Ihis. .mb.iect to the slime terms and conditions. <br /> <br />fe, .Thli~ .;;reated Ihis. conveyance shall n.'l11t~i!l in full force and effect during any postponement or <br />extension ofl/me of the payment of the indebtedness evidenced by said promiss(1Ty note or notes, or any <br />part thereof secun:d <br /> <br />f. To maintain ha_(.m! of such type or types and in such amou:nts as the mortgagee <br />m.ay from 'time to time require on lilt' improvements now or hereafter on said property, and will rray promptly <br />when due ,my premiums therefor. All jnsHram:e shall n,' ,~.iifrkd IP compa,nie,~ acceptable to mortgagee and the <br />ll,()l.ide$ and rCl'lew.als Ihere\~f,h.all be held by mortgagee and have aUached thereto loss payable clauses in favor <br />of and in !l)rm ac;.'cplable to the' mortgagee. In eVeI'll of h)~" mOrl~agor will give Immediate notke in writing <br />to mort gargil:'e , ;:lOG mortgagee mav make rro.of (,f k,>, :f normllde pmmptly lw mortgagor. lInd each insurance <br />.:tJmpalw -:mKeml~d hereby :tulhmued alld dIrected to make payment lor >tll:h loss directly II) mortgagee <br />m~le.ad of In mOrl!(ag(lI and i'rlO!!ga,I("c li:'lnlh. :md Ihe;n~ur,UKl: procc'e(ls, or aM' pan thereof. filllY be applied <br />0\ monga@:el~ .11 i)p~l()n ,'Hbel Ihe 1(:du.:twn !ite mdtb!('dne" hereby secured or 10 the restoralion or <br />reran of the propenv d,ama!(ed "1' drt-;rrOH'd ,",'em !('1t'dm;mc or ilw; mongajle. or other transfer {Jf title <br />'Iud f'H\fliC'rl\ :n nm~glJl',hmcm 'Ihjdm'dn,<~" ,t.cwcd hereby, ,)11 nl!hl, litle, ,Iild HUt~n~st of the <br />rnnrtB:_.4,{?tH' \ft ao{,1 ;;Ul\ ~n:..ur~n(c ;tH:n ~(H":<t,:.. ",n~li! r'ld~S to th1~ r~urchas.t"r n10ngagee or~ at, the <br />,yption l)!' !h.t" rnf\ne.:t~'""(:,, .lnav h<~ ';.u,rrr'nd('n~'(i rcttHHJ <br /> <br />f,J r.tX~P ;dl l'\uikhn~, 1UUl ,nth~f :nH"1l(,htrncnt\ pr) ;~~_tld nrnpcnv H1 i/f}od f.::~p,ur ;lnd t:onduion; to <br />Pt"rm.1t, 1;'C!'f1t1!1r.H. d! 'A-it\!t". :'fnpa~nneur, ,j~.~!r-rinraUnfl p~ \,;110 propCfn. an", ran rhere-oi; jn rhe event. <br />,,It t;:UhHf t~~HhjHHt~~ ,!fl. ",;ud p,r-t"fnl\!;\, ,Jnd tho~~e erected ,)11 ,>,aid pt"t"flljxe'1i. "H <br />njon~~:tu::,cc nta,\ nUl~C 'dt.:h fef'an-~ 1$1 n.., d:s'!..:fC!10n It !n~lY deei'll <br />!lC'l.,:'C"!,~'llr\ ,HHJ ("'"cry '..I H,: ri :'a\'rn("n~ )h~.U t"'t"" <br /> <br /> <br />!~unl('\h~tt'~~l <br /> <br />n~Hn~,rlg,e <br /> <br /> <br />. that \T;~ln <br /> <br />tOY ...~in, <br /> <br /> <br />1\' <br /> <br />,r I ctrtO\'c, <br /> <br /> <br />.) ..,1: <br /> <br />,Ht", <br /> <br />Ihe <br /> <br />'\-.. i1tJ Hl;.:..Oo ;~pph- <br /> <br />'~drne <br /> <br />r!ill) <br /> <br />,;'\J n~Ot }led.. <br /> <br />me nMll.., <br /> <br />: 11e <br /> <br />~1",dru <br /> <br />',%L,j'U :')4'~ <br /> <br />ik" <br /> <br /> <br />r\j't'Hlht:\ .J~ ;'n~y rt.~.;!t;"Ii..H~abje \ !rne, <br /> <br />;';'(1'1rllrh~ ~ he <br />\'j:n~~ ~~ ...'idfh...h.Hl'u:Bnan <br />ullJel Iflt;' l.led.ililU,)H <br />by"11il"'~' l>n.,;i fCl<utll.UiJll.'> <br /> <br /> <br />a k:a'"ehl,)l~L 'f !tH~> '1on~,ag(: t,\ ~yn d <br />;:1't"rf~_H>fn Borr;,~".t~t"", t,lrdig~;ftHJn~ <br />c(IndclHllmum pI"lll\CU IlIlll J<,~"dopmt:'rll,rhe <br />.JeH'!I."pmelll, ..il(:l ;,ttli'ltJlw:m ilQ\.il!ll<:llh. <br /> <br />~ <br /> <br />Default <1.11:' ;10(' ~("(m.uM~ Of ';O!!;.lIt,on, <br />'tu.ill li::rmll1dll: i h<: lU\lHgaj!OI" ~ fight <br />m,)ft~,t!!l':X: I,}f ;l~i>l~tlh I 11 h'Cln~ J;grn.>d I hiil I the <br />J~:jault. the m<)ngll~t"( ,hall t~,'m<;, lh~, <"'dlCf <br />In!: indebl~"h)~~.. "~:':1Jt~~ h.:::u::bf, "Iln 1.n.t n(ll:ht <br />r~m~ aM pr<il'hs, l'hi~ lI'I:;Humem 511a11 O:l:>eratc d.;, <lfl A,~!gr:m.:m <br /> <br />loan aget!IHl:;m 'e":Ult'J t\eH::hy <br />propl;:lt~, ,he' "pu(m ,'I the <br />t;;.I'<: ,u,,;h nght until default). Upon an}'Udl <br />;tl1;.j pml H\ 4,-cunng al1';l de/ilu!! ii\ ',('(U01 v fm <br />prop..(:,ny the fH.nP(,'Sll: of :;:nHectH1E:- ~u(h <br />an;. fcntah on 'I(;l.ld Phlpert" 10 tllltt tMelll <br /> <br /> <br />.1. <br /> <br />If \lit mmt~:agm {klault~, and lalls m1,lk<t an! P';')itll<:I1I, ",,)wn due <br />,he ,'.}!14l.t>om ',I iii~r~tn<<lll" COmal4l.i:x:l lhk; mOHg<lg~' 1,(,IC$ '"hICh <br />j;l;jm .ul~ aq::l'lilt."I.I inten!:i't ,hall ill on;;.~, be';"Hl.tf ,HId p.,;..Y<lbl<::, "rU:J .;l!ll., <br />thert'att.(:f the ~k.;:n(,n the n"'l.lngagee; mOTl.g.'J.gc nUl} <br />true hereby (;xundm" <br />i'Tf"' <br /> <br /> <br />~lnti ,,~ornplJ \.l(i~,h ;;Ul} <br />then the "11m..: lmncip<ll <br />~:en.t lHtcres,t <br />be ! on;;d<l~<:d mlln<.."lialel) <br />r.b.e a-Ostn\<:i o-f t'r-orn <br /> <br /> <br />.#, <br /> <br /> <br />