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<br />d. 3=oe better secttrty of ahe indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />or assigns, mortgagor s~ati execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or beteermerts made to the property hereinabove described and all property acquired by it after
<br />tht; date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default.
<br />in the payment of a prier nr inferior encumbrance on the property described. by this instrumem, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances
<br />shall become part of the indebtedness secured "by this instrument, subject to the same terms and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponemem or
<br />extension: of the time of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />parttlicreof secured hereby.
<br />f. To continuously maintain hazard. insurance, of such type or types and in such amounts. as the mortgagee
<br />map "from trine to time require on the improvements now or hereafter an said property, and wilt pay promptly
<br />when doe 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 in favor
<br />of and an 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 not made promptly by mortgagor, and each' insurance.
<br />company concerned is hereby authorized and directed to make pay~ttent for such loss directly to mortgagee
<br />instead. of to mortgagor and mortgagee jointly, and the insurance pro~-Peds, or arty 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 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 />mortgagor in and to any insurance policies 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 ail buildings and other improvements on said property in good repair and condition; to
<br />permit, commit, or suffer no waste, impairment, deterioraeion of said property or any part thereof; in the event
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, ar
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary for the proper preservation thereof; and the full amoum 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 voluntarily create or permit to be created against the property subject to this mortgage any teen
<br />or 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 materials for con-
<br />struction of any and all buildings or improvements now being erected or to be erected on said premises.
<br />i. To not rent ar assign any pan 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. Atl awards tsf damages in connection with any condemnation for public use of or injury to any of the
<br />property subject. to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the same. to
<br />payment of the instalitnents last due under said note, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to execute and. deliver valid acquittances thereof and to apptal from any such award.
<br />k. 't'he mortgagee shat.! have the right to inspect the mortggaged premises at any reasonable time.
<br />1. To comply with the provisions of any lease if this Mortgage is an a leasehold. If this Mortgage is on a
<br />unit:. in a condominium or a planned utot development, Borrower shall perform all of Borrower's obligations
<br />uixler theedezlaration,or covenants creating. or governing. the condominium or planned unit development the
<br />bylaws:and regulatiors ofxhe condominium or planned unit de.-elopment, and. constituent documenu.
<br />2. Default in any of-the covenants or conditions of this inscrtrment or of the note or loan ageement secured hereby
<br />shall terminate, the tnongagor's right. to possession, use, and enjoyment of ehe property, at the option of the
<br />arongagee or assigns (it being. agreed that. the mortgagor shall have such right until default). Upon any such.
<br />defatilt, rho ntongagee shall become the owner of all of the rents and,profits acsuring after default as security, for
<br />the indebtedness" secured hereby, with the right to enter upon. said property far the purpose. of coAecting such
<br />rents and profits: This instrument shall operate as an assignment of any rentals on said property to that.extent.
<br />3_ if rite rnaTtgagor defaults, and fails to make any payments when due or to conform to acrd. comply with any of
<br />ahe conditions or agreements Contained in this mortgagear the noees which it secures, then the entire .principal
<br />~.tm and accrued interest shall. at once become due and payable, and draw _* per cent f a8,. ~%) interest
<br />thereafter until Fail at the election of the-mortgagee; and this nxortgage may thereupon be fAreclosed immediately
<br />for the whole of the indebtedness hereby secured, including the cost of cxtciruing `e ab,tra~ of title room *.he
<br />dale of this mortgage co the timt of commencing such suit. *Ezgtxteen. Percent.
<br />a. In the event of a foret:iosure or default as provided herein: the mortgagee shall at once be entitled to the pos-
<br />session, use, and enjoyment of the: real estate aforiesaid and io the rent, issues, royalties, and profits thereof,
<br />from the an_ruing of such rights and during the pendency of foreclosure proceedings and such possessions, err..,
<br />shall at once be deiivtceu to the mortgagee upon request, upon failure such delivery of such possession may be
<br />cnforcw' t`y rrartgagce, by any appropriate legal proceedings, inciuding;a receiver for the property.
<br />4 "I'he pr.sv~cyts of any ~al~ of said prUpcrry in acc~+ardance with the preceding paragraphs shall be app{led tirst to
<br />Pa°~ tiae E ~+ts ens: uc>cn~s vt said ,alt, rite expcn incurred by the mortgagee for the purpose r?f proteeiing or
<br />CY:a~rii$irsEflQ ai6 prrgvrrt~', t,>contlly. to pay. the inriebtedrxss secstred hereby; and thirdly, to pay any Burplus or
<br />a:::'xa i?~ ft'.P ('iii 5d)+i cjt {}k7 biz t!s I~kai,}' ea7tltltd tlrertitl,
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