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<br />d. Fbr better security of the indebtedness hereby secured., upon the request of the mortgagee, its successors
<br />or' assigns, mortgagor shall execute and deliver a supplemental mortgage or moetgages covering any additions,
<br />inaprovemenis, or betterments made to the property hereinabove described and all property acquired by it after
<br />tfue date hereof (all in form satisfactor; to mortgagee), Futhermore, should mortgagor fail to cure any default
<br />in the paytneni of a prior or inferior encumbrance on the property described by this instrument, mortgagor here-
<br />by ag•ees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances
<br />sttatl became part oaf 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 postponement or
<br />extension of the time of the payment of the indebtedness evidenced by said promissory note or notes; or any
<br />gartt5ereof secured hereby.
<br />f. Ta 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 shaft be carried in companies acceptable to mortgagee and the
<br />pplicies and renewals. thereof shall be held by mortgagee and have attached thereto lass payable clauses in favor
<br />of and in-form acceptable to the mortgagee. in event of ions, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of lass if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment For such loss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly,- and the insurance prereeds, 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 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 />nortgagor 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 alf buildings and other improvements on said property in good repair and condition; to
<br />permit, commit, or ruffle no waste, impairment, deterioration 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, or
<br />impmvtments thereon,. in good repair, the mortgagee may make such repairs as in its dis::retion it may deem.
<br />necessary far the proper preservation thereof; and the full amount of each and every such payment shall be
<br />irttmediately 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 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 and maintain the same free from the claim of all persons supplying labor or materials For con-
<br />struetian of any and all buildings or 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 after any. building wiihout the written rnnsent of the mortgagee.
<br />j. Ail 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 hereby assigned and shalt be paid to mortgagee, who may apply the same to
<br />payment_of the installments last due under said note, and mortgagee is hereby authorized, in the name aE the
<br />mortgagor, to execute and. deliver valid acquittances thereof and to appeal from any such award.
<br />k: The mortgagee shalE have the sight to inspect the mortgaged premises at aay reasonable. time.
<br />1. To comply with .the provisions of any lease. if this Mortgage is on a leasehold. if this. Mortgage .is on a
<br />unit in a condominium or a planned unit development, Borrower shall perform:: al! of Borrower's obligations
<br />under the dec]aration ar- covenants crating :or governing the condominium or planned, unit development,the
<br />by-laws and regulations.. of the condominium or planned unit development, and constituent documents..
<br />2 Default in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby
<br />shall terminate the mortgagorls right-to possession, use,. and enjoymentof-theproperty,. at the. option of the
<br />mortgagee ar assigrts (it being agreed that the tnortgager shall have such right amtil defattit). Upon any such.
<br />default, the: mort$agec5hall become tht owner of ail-of the rents and. profits accuring after. default as security for
<br />the [3idebtednrss secured hueby, w$th_ the sight to enter upon said property for the purpose. of collecting: such.
<br />rrn[s and protits. This instrument shall operate as an assignment of any rentals;on said property io that. extent.
<br />3. if *he mortgagor defaults, and .faiLt to make any payments when. due or to conform to and comply with any of
<br />cite conditions or agreemenu containa~d in this mortgage or the notes which it secures, then the entire principal
<br />sum and accrued interest shall at once become due and payabley and draw * per cent ( Z$-• d7a) interest
<br />th..e3rrer .un~;i pai.t at rht election of the mcrtgageez and this mort¢aRe may thereupon tae farectosed immediately
<br />far rite whole of the indebtedness hereby secured, including the cost of extending. the abstract. of title from the
<br />date of :his mortgage to the time of commencing such suit. *Eighteen Percent.
<br />4. In the e>sent of a foreclosure or defatuh as provides.herein, the :mortgagee sltafl at Dort be .entitled to the pos-
<br />cession: use, and enjoyment o{ the real estate aforesaid and to the rent, isstres» royalties, and profits. thereof,
<br />from the a~cru:ng of .su::h ri~ht~. and during.the paatdency of foreclosure proeeeslings and such. ~tossessions, etc:..,
<br />sFaa11 at otxe ~ dctivcttd to the ntortgagec upon request, upon faifurr such dcfivery of such. possession mac be
<br />enforced by mortgagee, b~ cry appropriate legal proceedings. incluaittg a receive€ far the property.
<br />5 e he tsrzx,~r.^eds s?( arty safe „r :said property in accordance with the pse;•~dkng paragraphs shah be applied test to
<br />j:ay ahc -.cuts oriel expen4rs ni said sale. thcexpencs~ iitCUrred lay the nxartgagee for the purpose of protecting or
<br /><tva=ttEairzs ,g, s~i«i t'•rsip+:s; ~, ~r:,•strw3i}, to pay 4itr itttlelsttdetess secured hereby; and thtrclly, tit pay any surplus ur
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