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<br />de For be!t,er ;;;ecurilY of the indebtedness hereby secured, upon the request of the mortgagee, its successot;s
<br />or as~ighs, inort~iigor shall execute and deliver a supplemental mortgage or mortgages covering any additiot\$,
<br />improvements, or betterments made to the property hereinabove described and all property acquired by it after
<br />the date hereof (all in form satisfactory to mortgagee), Fulhermore, should mortgagor fail to cure. any default
<br />in Ihe 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 defaull, but mortgagee is not obligated to do so; and such a.dvances
<br />shall become part of the indebtedness secured by this inslrument, subject to the same terms and conditions,
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<br />004369
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<br />e. The rig.~ts created by this conveyance shall remain in fun force and .effect during any -postponement .Of
<br />extension of the time of the payment of the indebtedness evidenced by said .promissory' note or . notes, or.-any.
<br />part thereof secured hereby.
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<br />f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee
<br />may from time to time require on the improvements now or hereafter on said property, and will pay promptly'
<br />when due any premiums therefor, All insurance shall be carried in companies acceptable to' mortgagee 'and .the
<br />policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clauses infayor'
<br />of and in form acceptable to the mortgagee, In event of loss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of loss if nol made promptly by mortgagor, and each insurance
<br />company concerned is hereby aulhorized and directed to make payment for such loss directly 10 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 restoration or
<br />repair of the property damaged or destroyed, In evenl of foreclosure of this mortgage, or other transfer of title
<br />to said properly in eXlinguishment of the indebtedness secured hereby, all right, title, and interest of the
<br />mOrlgagor in and to any insurance policies then in force shall pa" to the purchaser or mOrlgagee or, at the
<br />option of the mortgagee, may be surrendered for a refund,
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<br />g, To keep all buildings and other improveillents on said properly in good repair and condition; to
<br />permit, commit, or suffer no waste. impairment, deterioration of said properly or any pari Ihereof; in the event
<br />of failure of the mOrlgagor to keep the buildings on said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mOrlgagee may make such repairs as in its discretion il may deem
<br />necessary for the proper preservarion thereof: and the full amOunt of each and every s\lch payment shall be
<br />immediately due and payable: and shall hc secured by the lein of this mortgage,
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<br />h. To not voluntarily ,reate or permit to be created against the properly subject to this mOrlgage any lien
<br />or liens inferior to the lien of this mortgage without written consent of the mortgagee: and futher. that mort-
<br />gagor will keep afld malOtain the same free from the claim of all persons supplying labor or materials for con-
<br />struction of any and aU buildings or improvements now being. erected or to be erected on said premises.
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<br />i. To not rent or assign any pan of {he rent of ',.aid mortgaged property or demolish, or remove, or
<br />substantially alter any building wlthout the written consent of the mortgagee.
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<br />j. All awards of damages. 10 ..:.'onneCllon with any condemnation for public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and ~hall be paid to mortgagee, who may apply the same to
<br />payment of the in'::llallmems last due lIndt:r ,alJ not~, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to t',\~1..'ute and deliver valid. ~H:quinan":6 \ht'rt:~)f <md to appeal from any such award.
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<br />k. The mongagt'c .;,hall ha\l' the right 10 inspect the mongagcd premises at any reasonable time.
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<br />!. rn ..:ornply \'dth the PIl}\,i...lon... 01 an!. lease If this \longage is on a lea~eholc.l. If this l\lortgag-: is on a
<br />unit in a \..'onJomlIlIum Of' a planned urllt dc\t.'!opmcl1l, Borrower "hall perform all of BOITL)\...cr'~ obligations
<br />under the dedaralion \)f "';I.)\'cnanb (r~atmg OJ go\\:rning the I.'ondominillln or planned lWIt development. the
<br />by-la\\.\. and regulall\Hl~ 01 the L'onJormniurn or pianned \HlIi Jt::vclopmcilt, auJ v,wsiitucnt documents,
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<br />Default m any ~)f rhe \..'I..wcnants or Cl1fHjUIOlb \)i rhis lI1:.trumel1l or 01 the (h)(C \JI' loan ageement secured herehy
<br />shall terminate the mortgagor's fight tt.) po~~cs~ioll. U~~, and enjoyment of the property, at the option of the
<br />mortgagee Of a.s~lgn~ (It being agreed [hat the mortgagor shall ha'oc ~uch right unlil default). Upon UIl) :-,w,:h
<br />default, the mortgagee shall be((.)flle [he owner of all of the renh and profits ac\.'uring after default as s.c~urIlY for
<br />the mdebtedne" ,e.:med hereb;, with the nght to enter upon said propl'rtv for the purpose of collecting such
<br />rems. and profib, This in...trumcnt "halll.)pcrate a~ an as\ignmCn[ qf any rentals l'li :.ald pl'\>pt'r1Y IO that c\h.'nt.
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<br />If the mortgagor defaults, and fails Ii..' make any payrnt'lIb \\hcn due \11" h.l 1.'~lllrOlm 10 and l'omply \.'dth ,tn) i.)l
<br />the I,,;onditions \\f agn.'emcnts "::llmameu In thiS mortgage i..-\f the notc\ \\hlCh it '.;C'~ure~, then the cnllH.' principal
<br />sum and acaued intereSt shall a.t L)IKt' on'orne due and payable, aud lira\\ 15.5. ref lTlH ( . .t..?_.. ~N intert':\i
<br />thtreaf(l"f until paid at the t,'lection of [he mortgagee; anJ this moitgag(' molY [hereupon ht' fnrcdoscd ill1mC'J.iatd~
<br />for the whole- of Ihe indebtedness helt'by H'..:ured. includmg the (,O:-.t 01 t'\.tclldlI1~ the- abstral.::t nr litk from tht'
<br />date of thh luortgagt" to the Ilme l)! t'ollHnc-w.:wg su~h "Iui:.
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<br />4. In the event ot a fort;X:}o.sufe or default ai.< prOVIded hCU."Hl, Ihe murt,ga,gtt: ~hnU ill l)n~l,' h: l'lluth.'J to the- 1'0"-
<br />"es..s.loH. use, and enjt)ymcnt \)f lhc real t',lall: at"tlfl.:\aid and It) !hl' fl..'lll, !"~Ul',.., h)~allll''>. .!lld f'IOlib :heH'\.lI.
<br />from the .h,~..:-nHf\g \11" 'i.ud~ ! l~hi) -iHuJ Juring lhc pcnd~n..:~ OJ h..ifl,.?,,<hhUfl.: phh.'t't.'JlIlg") .lnJ <"u..:h r(I"_'l''.,..IOlh, eh.
<br />shall at t.H"H.:c tx: Jeh\c(cJ l~l the 111\..lngag-cc upon rcyue~t. upun I,Jlltlr.: ,u~h dt'll\t.'l) ,-,t 'u..'h j'1.1:.:>('-,'.llHI m.l\ l'~'
<br />cnfoh':i.~ h}' nH\rt~af'."'l.." h~ an) Jpprl.-~pnatc- !c~al pJi.h.:t'cdmg", indu"hnt":;\ r.:..-ci\('1 1,_11 r!lt' prd~K'lt..\
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<br />"1, fhr prucet"t.h \,.1 "Hi\ "-.il1.' ..11 \~Hd PiIJP;i.::rl\. trl ,t..~:...HJantX \\ilh till.. ;'1!l'l..-;;Jlli~ P,-tl,.q,U~lpll\ ,hall h' .iJ1plil.."d Ill': , ,
<br />pa) th\'" \:\,t,'>h ,1lh.l ~~,\p(."U)l''''' ,-d' :--Aj;j ...~k, ,b( C\p--':;ii":C'J. ;m:iJrrc-,J r.~: :J:c ::~~_~r;_,t;,i;;t't: ;:H :th' ~''..'!i1<.ht ,_;I !'l\llc..ldl!-'
<br />IU~tntamw~ "-,1\J l\ICl-f'<'ft}, ,c~onu.iJI !,-l pa) lht: llHh..bkJm:",.., 't>.~UI:J h'1d:;\. ,Utd ~:lI1dh. ,,} p,n .Im -.1.;1;"\;1; ,"
<br />i;~"...-t"'5) !p Ii\{" pc-npn j'll f)ef~po.\ kgaH): r'nli{lcd lhf:t{"to
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