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<br />d. For better secttriay of the indebtedness hereby secured, upott tine request of the mortgagee, its successors
<br />ar assigtas, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />impeovettrents, ar betterments made to the property hereinabove described and all property acquired by it after
<br />the date herrof (aN in form satisfactory ta mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in the pa; mcnt of a prier or inferior encumbrance on the. property described by this instruneent, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but mortgagee is not abi'sgated to do so; and such advances
<br />shall beeotne part of the indebtedness secwed by this instrument, subject to the same terms and conditions..
<br />e: The rights created. by this conveyance shall remain in full farce 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 />part thereof secured hereby.
<br />f. To continuously maintain hazard inswance, of such type or types and an such amounts as the mortgage!.
<br />may from time to time require on the improvements now or hereafter on said property, and. wlll pay promptly
<br />when due any premiums therefor. All insurance shall 6e cattied in companies acceptable to mortgagee. and the
<br />policies and renewals thereof shalt be held by mortgagee and have attached thereto loss payable clauses in t"avor
<br />of and in form acceptable to the mortgagee. (n even of loss, 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 lf• xeeds, 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 />eo 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 farce shall pass fo the purchaser or mortgagee or, at the
<br />option of the mortgagee, may be surrendered tar a refund.
<br />g. To keep alt buildings and other improvemenu on said property in goad repair and condition; to
<br />permit, commit, or suffer na waste, impairment, deteriaratfor, of said property or any part thereof; in the event
<br />of failwe of the mortgagor to keep the buildings on said premises and those erececd on said premises, ar
<br />improverntnts thereon, in good repair, the mortgage` tr ;make such repairs as in its discretion it may deem
<br />necessary for the proper preservation thereof; and the full amount of each and every such payment shall be
<br />immediately due and payable; and. shall be secured by the leis 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 consem o€ the mortgagee; and father, that mort-
<br />gagor wilt keep and maintain the same free from the claim of ati persons supplying labor or materials for con-
<br />struction of any and all buildings or improvements now being erececd 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. AlP awaads of damages in connection with any condemnation far 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 installments 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 appeal from any such award.
<br />k. The- mortgagee shall have the right to inspect. the mortgaged premises at any reasonable time.
<br />!. 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 car a planned unit development, Borrower shalt perform all of Borrower's obligations
<br />under Ihe, declaration or covenants creating or governing the condominium or planned .unit development,the
<br />bylaws and regulations of the condominium or planned unit development, and constituent documents.
<br />2. Default in ally of the covenants ar conditions of this ittstrument or of the note or loan ageement secured hereby
<br />shalt ternrittate the mortgagor's right to possession., use, and. enjoyment of the property, at the option of the
<br />mortgagee or, assigns (it being agreed that the mortgagor shall have such right until .default}. Upon any such.
<br />default, the mortgagee shall become the owmr of ai[ of the rents and profits aceurng after defauk as security f'or
<br />the: indebtedness secured hereby, with the right to enter upon said property for the purpose o€ collecting. such
<br />rents and profits. This-instrumeat shall operate as an assignment of any rentals on said.properry to that extent.
<br />3_ if the mortgagor defauiu, and fails to make any payments when due or to conform to and comply with any of
<br />the conditions. ar agreements contained in this mortgage or the notes which it secures., then. the entire principal
<br />- surit artd accrued interest shall at once become.. due. and payable,. and draw _ * per cent ( ~7 • Q°lo} interest
<br />t2reraafter until raid ar the.elex-lion of the martftagee and this martgagt may thereupon be foreclosed immediately
<br />.for the whale of the indebtedness hereby s~ttred, including the cost of extending the abstract a€ title from the
<br />.date of chic mortgage to the time o€ commenting such suit. *5eventeen Percent
<br />~: In the went of a fareetosurc.ar default as provided-herein, the mortgagee sltaii at once lee. entitled ro the pos-
<br />session. usr, and enjoyment of the real estate. aforesaid. and to the rent, issues, royalties, and profits thereof,
<br />f3om the aocru~ctg, of sash rig#+ts and dosing the pendency of foreclosure proe~ecdings and. such Passcssions. eer_,
<br />zl±aL' xi once be delrver9xl to the. mortgagee upon retluest, upon failure such delivery of such. possessionx may Le
<br />.nfarc.^d by nrcreyzagt~, by any appropriate legal praeeeciings, including a receiver for the property.
<br />3, The +rcx.°~tls .:. arxy said of said property in accard2nce with the preceding pxragraplrs shall br applied first to
<br />pay rr~ tits rail ...~p~ of tiaid sale,. the.expt~nc°cscncurred by, the mortgagee fe:r the purptase of protecting or
<br />n:aiixatnirig s~:d t~rv;:~c.ty, secc~:rdlq, inn pay tlee indebtedness st.Y:urrct herrb+; and th'srdt3•. ;ca yuF any stirpluti cx
<br />cz:t-;r.:~> >d:~ per.;er~ x per5aans lry~;ssi,. entatleti [hereto.
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