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<br />84 .....;",. 008813
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<br />d(~.t ~e\JMurity of the indebtedness hereby secured, upQntherequestof the mort~ag:~' its sUccessors
<br />or assigns, mortgagor shall execute and aeliver a supplemental mortgage or mo~tgagescovering anyad~ftiQII$;
<br />imprOVemeAl5, or betterments made 10 the property herelnabo"e describedandalIprbpertyacq~ired,by.itaftei'.
<br />the date hereof (all In form 5atisf~lory tomortgagee),Fnthermo~e;shouJdl1lortgagorJ<!il~o'~e~~f~iJJt
<br />in the payment of a prior Of, inferior encumbrance on the property descril1ed bYthl~in~~mmt;D10~g~'ije...e.;!
<br />by agrees to permit mortg&gee 10 cure Such default;butmortgag~isnoto],l~tedtoa(}SO;aDd~<~~~
<br />shall become part of the indebtedness secured by this il1lltrument,subjellttothe'sameterllls'lilidoollditip!i:s/ ' .'
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<br />c. The_' rights' crwted b}; th_is conveyance_. shait t_ernain, in full .force :~mt:t--eff~:-_tl1;rip..g}~:~~::::~t#h,~t\#rY~ -
<br />extension of the time of the payment of tbeindebtedne5sevidencedl1Y saidpromi$sol)'n~teor'no~;:9f;,a!W,
<br />part thereof secured hereby, . .' .
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<br />f. To conlinuously maintain hazard insurance,ofsuc~ type or tmoslUldiJJsuChlllJl()unts~lhetn()~~~'
<br />may from lime to time require on the impro.veIDenrs ,now or h~fCllfteronS<li"pl'opertY'lUll!\Vi!IJ)r9mplly~',
<br />when due any premiums therefor. All insurance shall be carried inC()t\lpaniesaec!lJ)lable ' .. .
<br />policies and renewals. thereof shall be held by mortgagee and have attached thereto I
<br />of and in form acceptable to the mortgagee, In event of loss, mortgagor\Vill giveiinme(iiaten()tieeln'wrl~'
<br />to mOrtgagee. and mortgagee may make proof of loss if not made promptly bymortgagar,'and'elUlhJnstirance.
<br />company concerned is hereby authorized and directed to make payment for such lossdil'ect:ly,tonto.rtg<lllee
<br />instead of to mortgagor and mortgagee jointly. and the insurance proceeds,. or any part thereof,'may\Je'applie(i';
<br />by mortgagee at its option either to the reduction of theindeblednessherebysecuredo;tother:eSlQrationor'
<br />repair of the property damaged or destroyed. In event of foreclosure of this mortglijle,orothertrllllSfer'of.litlec
<br />to said property in eninguishmem of the indebtedness secured hereby. all .right; litle; and interest of the;' ,
<br />mortgagor in and to any insurance polides Ihen in force shall pass to the purchaser or mortgageeor,atcthe
<br />option of the mortgagee, may be surrendered for a refund,
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<br />g, To keep 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 or anypartthereof;iri.theevent
<br />of failure of the lTlOrtgagor to keep ti .. '''Jildings on said premises and those erected on s!lid,premises;;or
<br />improvemenL~ thereon, in good repair, the mortgagee may make such repairs as. inils discrelionit may'd<;env
<br />necessary for the proper preservation thereof; and the full amount of each and every such payment shiill be
<br />immediately due and payable; and shall '" 'c"Cured by the lein of this mortgage,
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<br />h, To not 'oiuntan;y neale or permit to be created again" the property subjccl to this mortgagean~ien
<br />or liens inferior to Ihe lien \,1' this mortgage without written consent of the mortgagee; and futher. thatmorl.
<br />gagor will keep and maimain the ,ame rree room The claim of all persons supplying labor OT materials for con'
<br />,truction of any and all buildings or Improvements now being erected or to be erected on said premises.
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<br />L To not rent or ass.ig.n an)' ran of the fent of said. mortgaged property or demolish, _ or remove, or
<br />SUb$lantially aher any bUilding w-ith()Ut the wrincn consent of t.he mortgagee.
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<br />j. AU awards of datnag~ in "u.nnection with any condemnatjon for publk use of or injury to any_ of the
<br />property subject tu lh" mortgage are herehy usslgow and ~hall be paid to mortgagee, who may apply the. same to
<br />payment of the imlallmenl~ laM due under said note. and mortgagee is hereby authorized. in the name of the
<br />mortgagor, to execule and deliver vaBd aequiUa.rlC"" t.hereof and to appeal from any such award,
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<br />k. The mortgagee shall have lhe righllO in,peel the mortgaged premises al any reasonable time.,
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<br />l. To comply With the pro""ions 01 any le.",. If this Mortgage is on a le,.seh<,lld, If this Mortgage ison a
<br />unit in a conJominium or a planned UOil development, Borrower shal! perform all of Borrower's obligations
<br />under the deda.ralion or covenants cre."ing or governing the cOndominiull1or planned unit developmem,the
<br />by.laws and regulations oflhe condonunium or planned unit development, and constituent documents,
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<br />2. Default in any of the covenams or conditHltb of this it"trument or of the note or loan ageement secured hereby
<br />.shall terminate the mortgagor's right to posses.ioo, use. and enjoYOlelH of the property, at the option of the
<br />mortgage. Of assigns (il being agreed that the mortgagor shall have ,uch right until default). Upon any such
<br />default, Ihe mortgage<: shaflbeconie the owner of all of Ih.rents and profi!., accuring after default a' security for
<br />the indebtedness secured hereby, with Ihe right to enler upon said property for Ihe purpose of collecting ,uch
<br />rents and profil'. Th",inslrument shall operate as an assignment of any rentals on saidplOperty to that extent.
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<br />J_ If them\lngagor defaults, and fails W make any payments when due Of to conform to and comply with any of
<br />rile: condirions l.)r agreements (:omained in this mongage or (he note~ which it .sc.:ures-. then the entire principal
<br />SunHltld accrued intere<t ,hall al once become due and payable, and draw ___.m_. per cent c._.._...."'.) imere.'t
<br />tber~f!er tilttll paid Ilt tbe election. of the mortgagee; and this mortj,\age may thereupon be foreclo,ed immediately
<br />for 1M "'bok of the inde-btroncs, hereby .,ecured, including the COSl of extending lhe a05lf8CI of title from the
<br />dac\l: of this m.ltIgage to the lime of commencing such suit.
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<br />4, lit tl1ceveru of a foreclosureol d<:fault. as pruvided beroin, Ihe mortgagee shall at once be entilled to Ihe pos-
<br />SClIOkm, UM:, and cniVYmenl (,f tMrcal eslale aforesaid and 10 Ihe rent, ",ues, royaltks, and profits thereof,
<br />ffan> -tbe~ K-crUlalj. of su~h riihrs pnd duting the pendency of f-()(~d~)~u-fc ptoccl--uings. and ;;;w::h ptl~-SeSSlons, eh:..
<br />lll.all.tU'_. be d<:li~erw to the mprtg"i"" UpQlI requt'\t, UPOn faIlure ,uch deliver) of such possession llIay be
<br />mfor.:e(i byrm.r;ga,.,." by any Il\>proprnue leJal pr""eedinl\S, irn:luding a ,..eivet I'm the pri>I"'tly_
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<br />~., The .(ll':0Cttd\- (-d~ flny ~ ~)! ~aW pn:,\peny ill aCi:(ifdaoce with [he pt-t.(cd:jng r.aragraphs shftO ~(" applied _fir-,:{ to
<br />pa~_ .t~_ ~~~_ and CX~ ~.)t_ said _.~k. -the ex~ti(:c!i If)i;un-ed be.1f the: m(}rt~('t;i for. Ihl.' r}H.qJ(hC 01 Pft.}f.C('tUlS tq-
<br />~~"~ P1tJpCJ'_t)','$ _ ~"QUdl_~-. t\!_P3}' thr_ iudebted~, _~\.lln,:d h~n:b~'; ;j,nd thndly j pay any ~1j1 phi:-l '.11
<br />.........Hl!h4 pl;'''''' ,,"pctwn., tepl!y entItled the,eH}
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