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<br />~f. For utter security-vf the indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />ar ;isSigns, mvttgayer stth(l execute and deliver a supplemental mortgage yr mortgaq s covering any additions,
<br />(tnT~rovetttents, er betterments made to the property hereinabove described and al( property acquired by it aftdr
<br />the date hereof (ar0 in form satisfactory to mortgagee). Suthermore, should mortgagor fait [a cure any default
<br />'tri the pa~•mdnt of a'prioc ar inferior encumbrande on the property described by this. instrument, -mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but-mortgagee is not obligated to da so; and such advances
<br />sha!1 become part of tht indebtedness secured by this nstrument,.suhject to the same terms amt condrtiors.
<br />e. The- rights created by this conveyance shall remain in full force and effect during any postponement or
<br />zxtGnsion of the time of the payment of the indebtedness evidenced by said promissory Wort or notes,. or any
<br />part thereof secured'-hereby.
<br />f. 'Fo caattinuous(y maintain bossed insurance, of such type or types and in such amounts as the:. mortgagee
<br />ena9r tram time to° time regttire on the improvements now or hereafter on said. property, and will pay -promptry
<br />wheat-due any prdmiums therdfor. AA insurance shall be tarried in campaaties acceptable to mortgagee-and the.
<br />pati;cies and mtewals thereat shat! be held by mortgagee and have attached thereto lass payable clauses-in favor:
<br />of and: ih form arveptab(e to the mortgagee. In event of loss, mortgagor will give immediate notice in writing.
<br />to tttorigagix, and mortgagee: may make proof of loss if not made promptly by mortgagor, and each insurance
<br />company. concerned is hereby authorised and d'uected to make payment for such (ass directly to mortgagee
<br />instead of to mortgagor and mortgaged jointly, and the insurance proceeds, or any patt 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 />resparr of he property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title.
<br />to said property in extitagtitishment of the indebtedness secured hereby, all righe, title, and interest. of the
<br />mortgagor in and to any. insurance. pahc-ies tftea in force shall. pass to the purchaser or mortgagee-or; at the
<br />option: of'thc.mortgagee, may be sunendercd for a refund.
<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 any part thereof; in the event
<br />of fairrtre o,' t.,e mortgagor t keen the buirdi;.gs vrc said prec.ists artd chase e ected as s id pcdtndses. ar
<br />improvements thereon, in.gaod repair, the mortgagee may make such reposes as in its discretion it may deem
<br />netxssary for the. proper preservation thereof; and the full amount of each and every such payment shalt be
<br />immediately due and payable; and shoe! be secured by the Iein of this mortgage.
<br />h. Ta not voluntarily encase or pdrrttit to be created against the property subject to this mattgage any lien
<br />or liens inferior to the hen of this mortgage without written consent of the mortgagee; and. father, that mort-
<br />$agar wi(t•keep and maimain the same free from the claim of all persons supplying labor or materials for con-
<br />structian of any and al( buildings or improvements now being erected or to be erected an said premises.
<br />i. To not rent or assign any part of the rent of said mortgaged. property or demolish, ar remove, or
<br />substamialty otter any building without the writtent:onsent of the mortgagee.
<br />j. All; awards of damages in connection with arty condemnation far publ(c use of or injury to any of the
<br />property sul?j~t ta:trris martgsgd are: hereby assigned and shall be paid to mortgagde, who may apply the same to
<br />payment of ttte installments last due under said note, and mortgagee is hereby authorized, in the natatd of the
<br />mortgagor, to exeeutd and deriver. varid acquittances-trterevf and to appear from any such award.
<br />k. 'I`hd mortgagee shall'ttave the right to inspect the mortgaged premises at any rzasanable rims.
<br />L To carupry with the provisions of any itasc if this Mvrrgtzge. is an a leasehold. rf this Mortgage s;on a
<br />unit in a ctandaminium ar a planned: unit. deverapment, Borrower shad perform. all: of Borrower's abrigarions
<br />under t.".e daciaracion or taavenaau creating ar gtsverning the wndaminitun or planned unit. deveroprrtrnttlte
<br />by-laws attd regisiatioris of.tht.condtiminium or planrted anti ddveropment, a.?d constituent dacvments.
<br />Z. Default in any.. of tht covtoanas or conditions of this instrtment ar of tear note or loan ageement sectored hereby
<br />,hail termirtate the mortgagor's right: to possession, usd, and dnjoyment of the property, at the optron_af the
<br />mortgagee or assigns (it being. agreed that tlte: mortgagor shoe! have such right nrati( default}. Upon any such
<br />default, the mortgagee shale bexekrte theawner of all of the rents and. profits. aerating after default as security: for
<br />the indebtedness. secured liere'by, with the right. to enter upon said properly for the. purpose.. of cvtlecting such
<br />rents and profits.. Tttis instrument shall: optrate as-an assignment of,any rentals on said property to that extent..
<br />3. If [rte mortgagor defaults, and fails to make any payments when. due or to conform ro and comply with any of
<br />the axaditions nt agreanxnts contained i~ :tats m~rtgagC or the notes which k secures,. thenthe-entire principal
<br />sum arxl aurued interest short at once bet:u;~e due and payable„anti draw 19, 5, per cent {I~~--__~'a) interest
<br />thereafter until paid at the eiedioa of tl3c mongagr:; and this mortgage enay thereupon be farecrosed irntr.diatelti
<br />for the whale of ttte indetatettress heretry secured, irxluditrg the cost of extdnding rite abstract of trtie-Iram ttte
<br />date of this mortgage to ttte time of cvc[unercing such suit.
<br />~f, In the eroent of a farcciosune nr default a.t provided .grain, fete atiortgageti shall at.once bd_entltletf to tfre pos-
<br />sessvn, case, and enjoyment-of flit teat taro€e aforesaid attd to the re$t, issues, ra3raliies, ant' profits thereof;
<br />from the :xc~uitayt of such rights oral dttrin$ the pendency of fgrcclts€r;a proceedings and suctr pet acs,ia7as, etc.,
<br />shalt si onse 9e dsriw>rre•.t !v ttt,c naartgagec :~twn re~~ucSt, open failure ~acli dt;livery of surrt,p~ssu°ssiitn may bd
<br />cu;abrctxl by nror't, ?e_y° say spprapriaie legal prxcedtn~s ie_iudi ~g a rtg,~tluCr for the prape~y..
<br />Trn Ixrxersi+ .af an> soda of vlid Rceyaerty ~n actordatkc ~wit~ fete pre+wrrd:gg:pagrafths shoal! applied first to
<br />;sap s,'oe ::c as atva esgencrs cat vid cute. the cxp;nres :ncuerret f?4 the r:tcYrgagger; for the purpose r:f prarezxitag t>r
<br />nt;ti~rtaataing kale: Fxatx-rty, ~:cc[rndlp..~a ia.~v s2rr_ itadek+trdta se~crre+, ~"~'c~esy; and thirdly, tea pay aroy sarp(us tar
<br />_t.,>rc€: rte the fierwn ur pr[wuy :et;,arty.eutifisxt th~rsto.
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