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<br />d,: For better security of the itxletitedness hereby secured, upon the request of the mortgagee,. its successors
<br />ctr as+.~gtts, mortgagor sRta-1 execute and deliver a suppRemental mortgage or mortgages covering any additions,
<br />improvements, ar betterments made to the property hereinabove described and aft property acquired: by it after
<br />the date hereof (all in form satisfactory to mortgagee}. l uthermore, should mortgagor fail to ::ure any. default
<br />in the pttymettt cf a-prior or inferior encumbrancn on the property described by this instrument, aortgagor here
<br />by agrees to p.-rtnit mortgagee to dart such default, but. mortgagee is not obligated to do so; and such advances
<br />shall bei:otstc part-of the indebtedness severed by this irutrtrment, ubject Yo the same terms and conditions.
<br />e. The tights created by this conveyance shall remain in fuU force and effect during any postponement or
<br />extension of the dine. o€ the payment of the indebtedness evidenced by said promissory note or .notes., orany
<br />cart tltereaf secured hereby:
<br />f. To continuously attaintain hazard iasterance, 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 preaiiutns therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />policies=and renewals thereof shaft be held. by mortgagee and have attached thereto ions payable clattses in favor
<br />of and in farm acceptable to tht mortgagee In event of loss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may mass proof of }ors if net made promptis bp~ mortgagor, and each i,uurance
<br />company coetcerned is hereby authorized and detected to malts payment for such loss directly to mortgagee
<br />instead-of to mortgagor and mortgagee jointly, and the insurance proceeds, ar any part thereof, may be applitd
<br />by rttortgagee 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 event of foreclosure of this mortgage, or ocher transfer of title
<br />to said. propetty in extingurshment of the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagor in and to any insurance poheies then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the-mortgagee, may be surrendered for a refund.
<br />g. To- keep all buildings and other improvements on said property in good repair and condition; to
<br />permit'', catnmt; or suffur no waste, impairment, deterioration of said property or any part thereof; in the event
<br />of failure of t_he mortgagor to keep the buildings on .said premises and those erected on said. premises, or
<br />imgravemenis thereon, in good repair, the mortgagee tray make such repairs as in its disctetioa it may deem
<br />necessary for the proper preservation thereof; and the ful! amount of each and every such payment shall be
<br />immediately due and payable; and shall be secured by the Lein of this mortgage.
<br />!t. To not voluntarily create or permit to be created. against the property subject to this mortgage any lien
<br />qr liens inferior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort-
<br />gagor will: keep and maintain the same free from the claim of all persons supplying labor or maaerials for con-
<br />sttatcaon of any andalI buildings. or improvements now being erected or to be erected on said premises.
<br />i. To not .rent or assign any part of the rem of said mortgaged property or demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
<br />j. All:: awards.. of damages in .,oraacction with any condemnation for public use of or injury -to any of the
<br />property;;subject to this mortga$e_are hereby assignedand shall be paid to mortgagee,. who may apply the same eo
<br />g~yment of the installments test dueunder: said note, and mortgageets hereby authorized,. in the name of the-
<br />tnortgagor, to execttte and deliver validacstuittances thereof and to appeal from any such award.
<br />k, The ntartgagee shalt have the right to inspect the mortgaged premises at any reasonable. time.
<br />1. Ta comply with the provisions of any lease if :this Mortgage is on a leasehold..If this Mortgage is on a.
<br />tutu in a eondaminium ar a planned unit development, Borrower shall perform all of f3nrreswer's abtigatons
<br />under the declaration ar covenants. crcating,or governing the. condominium: or planned unit development,ihie
<br />by-laws and regulat+an= of the condonnium or planned unit development, ansi constituent doettments:-
<br />2. Dcfaul? in any of the cavenanLs or conditions of this. instrument or of the note or loan ageement seeuted:hereby
<br />_ shall terntinsre rho mortgagor's right o possesgion, use, and enjoymrrt of the property, at the: option of the
<br />mortgagee pr assigns fit being agreed iltat the mortgagor shall: have suet[ right utrtil- default}. Upon. any such.:
<br />default, the ::9ortgagee shall become the owner of ail of ttte ::eats and profits accusing after default-as s~uriry for
<br />the indebtedness secured hereby, with the right to enter upon said property for the: purpose of collecting such
<br />*euts and profits. Thin instrument shall opctaitas an assignmen[ of•any rentals on said::property to Thar extent.
<br />3. !f the mortgagor defaults, and fails to make any payments when due ar to t:flaxform to.and comply with any of
<br />the conditions or agrcements contained in [tats tttCrtgage or the notes- whic~ti~~~s, then the. entire princspaR
<br />sum and accrued interest shall at once txromc due and payable,, and draw:.. per cent ( ~g •• Oa;fll interest
<br />thereafter until raid at tht election of the mortgagee; and this mortgage may thereupon be fos<eclosed immediately
<br />far the whole of the indebtedness hereby sevrcd, including -[tit cast of extending the abstract of title from the.
<br />date at ibis mortgage to the time of eontmeecing such suit.
<br />4. In the event of a fareclosurr cx default as provided hcrtn, the.:ntorcgagee slaalE st ottc~ be entitled to the pas-.
<br />xcxsirro, t.:rc. and enjoyment of the real estate aforesaid and to fist rent, issue, royalties, aud,profits thereof,.
<br />from the;}at~ting ssf such rights and during the pendency of foreclosure proceedings and Such possessions, etc.,
<br />shall at otu~e be delivered to tttc morey~agee upon request. upon failure such. delivery of suen plisse sion may be
<br />cn€arsxd t1v c~nari~agce, by any appropriate t.:{,ai prcx:ozdirtas, including a reoeivex far the property.
<br />ti. The ,r~-~ts ,+' soy sate of -:aid ;trotrert. t~ a+c:a;dancc ~o-itt~ the prec*r^ding paragrs;~ns ~h1lt be applied brat to
<br />^~ax ttx costa a.•ui eapcn.~^t c.t :aiei sa!c, the c;tsersjes ;.^.tiurred b. the mortgagee far the r<uttsosr of protec~tittg ar
<br />maintatrrtarag sazl preps ty, e~rtsdl}, to par the rxict~tctln~a ;~iatttxt hereby; azsd thiaxi!•„ to pay any raspier car
<br />^~t~:>°ry !3[t ;ae:~~; sir ,setssaszs ,;,-ttsilj sstr;{ed tGter~tx3;
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