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<br />d. For better security at' the indebtedness hereby secured, upon [he Bequest of the mortgagee, its successors.
<br />a assigns., mortgagor shalt. ex~ttte and deliver a supplemental mortgage or morlgalzes covering any additions,
<br />improvements, or 2x:tterments made wo the properly hereinabove described and all property acquired by it after
<br />the date hereof {all in farm satisfactory to mortgagee)., Futhermore, should.:mortgagor fail. to cure any defatelt
<br />in the payment of a prior or inferior encumbrance on the property described' by this instrument, mortgagoe hem-
<br />by agrees to permit mortgages- to cure such default, but man$agee is not obligated to do so; and-such advances-
<br />shad become. part of the indebtedness secured by this instrument, subject to the same terms and conditions:
<br />er The rights created by this conveyance shall remain in frii force and effect. during any postponement ar
<br />extension of the time of the payment: of the indebtedness evidenced by said protnigsory note. or notes,; or any'
<br />part thereof secured hereby.
<br />;F. Ta continuously maintain hazard. insurance, of such type or types and in such amounts as the mortgagce
<br />may from ime'to time zequire on the improvements now or hereafter on said property, and will pay promptly
<br />whets due-any premiums therefnr_ At! insurance shall be carried in companies acceptable to moitgagee and the
<br />policies: and renewals whereof shall be held by mangagee and have attached thereto foss payable clauses in favor
<br />of and in form acceptable to the mongagee_ In event of loss, mortgagor will give immediate notice_in writing
<br />to mortgagee, and mortgagee may maze proof of loss. if no[ made prompt+y by mortgagor, and;each insurance
<br />company contxrned is hereby authorized and directed to make payment for such loss directly to mortgagee
<br />instead. of to mongagor and mortgagee jointly, and the insurance pra:eeds, or any pan thereof, may be applied
<br />by mortgagee at its option either to the reduction of the indebtedness hereby secured or to th@ restoration or
<br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage,.. or other transfer of title
<br />To said .property in extinguishment of the indebtedness secured hereby, all right, title, and interest of the
<br />mongagorin and to any insurance policies then in force shall pass to the purchaser or mongagee.or, at the
<br />option of the: mortgagee, may be surrendered for a refund.
<br />g: To keep sit 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 failure of the. mortgagor to keep the buildings an said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its-dzscretion.it may deem
<br />necessary for the proper preservation. thereof; and the tut] 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 />h. To not valtttttarily creaee or permit to be created against the properly subject [o this mortgage any lien
<br />or liens. inferior to the hen of this mortgage without written consent of lice mortgagee; and futher, that morl-
<br />gagor will keep and maintain [he same free from the claim of all persons supplying labor or materials for can-
<br />sttvction of any and alt buildings ar improvements now being erected or to be erected on said premises.
<br />i. To not rent or assign any part of the rent 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 connection with. any condemnation for public use of or injury to any of the
<br />property subject to this: mortgage are hereb} assigned and shad be paid to mortgagee, who may apply the<sameto
<br />payment of iht. installments fast .due under said note, and mortgagee is hereby authorized,. in: the name of the
<br />..mortgagor, to execute and:deGver validacquittant~s thereof and to appeal: from: any such award.
<br />k. The mortgagee shall have the right. tosnspece the mortgaged premises at any reasonable-.time.
<br />1. To comply with the provisions of any,3ease if this Mortgage-ss on a leasehold, If th%s Mortgage is on a
<br />.:unit in a,condomnium-or a planned .unit development, Borrower shall perform all of Borrower's obligations
<br />under the declaration or covenants creaung;or,governing the condominium or planned unit development,the:
<br />by-laws and regulations of thc:candominium or planned unit developrttent,=and. constituent documents.
<br />2. Default in any of the covenants or conditions of this instrument or of the note or lose ageement-secured hereby
<br />shall terminate the mortgagor's right to;possessioa, use, and enjoyment-of the property, at-the option o€ the
<br />mortgagee or as~;igns (it bung agreed. that the mongagor shall have such. right until default). [Jpon. any .such
<br />default, the mortgagee shall bewmo the owner oC aII of the-rents and profits-securing after default as security for
<br />the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such
<br />rents and profits. This tnstrumeai shall aptrate as an assigamentof any rentads,on said psopcrty to that extent:
<br />3, [f the mortgagor dcfauhs, and fails to make any payments when due. or to conform to and comply with any of
<br />the conditions or agreements contained in this mortgage or the notes which it secures, then. the entire: principal
<br />sum and accrued interest shall at once become_due and payable, and draw __ per cent: ( _%) interest
<br />thereafter until paid at the c9ection of the mortgagee; sad. this mortgage may thereupon t+e forectased immediaeety
<br />for the whole of the indebtedness hereby secured; including the cost of extending the abstract +~f tide from the
<br />date of this mortgage to the time t`'E commetteiag such suit.
<br />3, In the Gwent at a faredasure ar default as provided:herein, the-mortgagee shall. at once be entitled to the pos-
<br />stssion, tau, and enjoyment of the real estate aforesaid and to the rent,. issues, royalties, aced profits thereof,
<br />from-the accruingnf such rights and doting tltc pendbrtcy crf foreclosure proceeelings and suclt possessions, etc,„
<br />shsil at once be dc5>;ered try the mortgagee upon request, upon failure such delivery.of such possession tray tae
<br />cnfw.'td by mertgagta, by any appropriate icftal prtx.ced;ngs, inctvdiR$areceaver forte-property.
<br />x Tltc ~ocrtw.~ of any sale t~f said prorxtty in accorcance wick the preccdirtg para~eraphs Shall he applied first to
<br />rs> the circtx txnd experu~; of said ~:rle_ the Cxper~~ei ;nwr, ed by cite mtarrgagce for ttte purpose tpf protecting car
<br />m:xintaitsistg ,gid ;.ropert;.. uon:Siy, to pay ehe indcirt;cinns secvrea? ttcrcby; and thirdly, to pay' any sttrpius car
<br />xxres, tc the ~rsr.+n u. tmrvr~ns le}taily ~cnt;tkd thcirzo.
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