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<br />ii. For better security of the indebteitncss hereby secured,-.upon the request :of the mortgagee, its. successors
<br />or assigns; mortgago* shall execute and deliver a sugplemenial mortgage or mortgagercovering any additions,
<br />itrtprcvements, or t?enei^menzs made: to the property hereinabeve described. and all property acquired by it after
<br />ehe dace h:reof (all in for^.n satisfactory to mortgagee): Futhermore, should:mortgagor fail to cure:any default
<br />in the paymem of a prior or inferior encumbrance on the property described by this instrument; mortgagor here-
<br />by agrees to perrrtic mortgagee to cure such default, but mortgagee is nat. obligated: to do so; and such advances
<br />shall ber:ome part of the indebtedness secured by this instrument, subject to the same terns and conditions:
<br />e. The rights created hy,this conveyance shall remain in full force: and effect during any postponement or
<br />extension of the tirnc of the payment of'the indebtedness evidenced by said promissory note or notes, or any
<br />pan thereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type or types and An such amoun[.s as the mortgagee
<br />may from time to ume require on the improvements now or :hereafter on said property, and. will' pay promptly
<br />wf;er. due any premittrits therefor. AH insurance shall be carried 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 favor
<br />of and. in form acceptable to nc~ mortgagee. In evem 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-concerns! is hereby authorized and. directed to make. payment far such loss directly to mortgagee
<br />instead.af to:mortgagarand mortgagee jointly, and the insurance proceeds, or any part thereof,. «,ay be applied
<br />by mortgagee at its option either to the reducritrn of the :indebtedness hereby secured. or to the restoration. or
<br />repair of thcproperty damaged or tiestro>ed. 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 />ntiortgagor in and to any insurance policies then in force shalt pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee; itt&y be surrendered for a refund.
<br />g:.To keep ail buildings and other improvements on said property in goad 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. on said premises. and those erected on said premises, or
<br />improvements dhereon, in good repair, the mortgagee tnay make such repairs as in its discretion ix may deem.
<br />nercxssary for the proper preservation thereof; and the full amount of each and every such payment shall be
<br />imtttediately due and payable; and shall be secured by xhe 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 Iiens inferior to the ietr of This mortgage without written consent of the mortgagee: and futher, that mort-
<br />gagor will keep and maintain the same free from xhe 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 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 o."the mortgagee.
<br />j. AU awards of damages in connection with any condemnation for public use of or injury to .any of the
<br />prrspetty subject to this mortgage are hereby assigned and shall be paid to mongagce, who may apply tha same to
<br />payment of the installments last due under said,»ote, and mortgager'rs hereby authorized, in the name of the
<br />mortgagor, to sxecute and deliver valid acquiuartcGS thereof and to appeal from any such award.
<br />k; The martgag+x shall have. the: right to inspect. the mortgaged. premises at;any reasonable time.
<br />L Ta comply with the ptnvisions of any3ease if this l4tortgage is on a leasehold. if this IVSortgageis an a
<br />wait in a condominium or a planned unit develvpntent Harrower shat! perform all-of Borrower's obligations
<br />under the declatarion or coxenants crr^atirtg-or governing: rho condottrinium or planned unit devetopment,the
<br />by-laws and regulations of the condominium or planned unit development, and constituentdocuments.
<br />2. Default in any of ehe covetwnu or conditions of xlZis instrument or of the note:or loan ageement secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjaymeat of t3ie property, at the apt;on of the
<br />mortgagee or assigns (it being ag[red that the mortgagor shall have such: right -until default). Upon auy such
<br />default, .he mottgagee shall biomethe owner of all of the rents. and profits accun"ng z`ter;default as security for
<br />the indebtedness sMtrred hereby, with tht riglxt to enter upori said property for the pt;rpose,of collecting such
<br />rents and profits. Fhis iastrutgent shaft Operate as an assignment of any rentals on said property to that eittent.
<br />3. if the ma~tgagor defaults, and fails tomakc any paynitxns when due or to conform io and comply with anyaf
<br />the conditions or agreements iontaincd i^ !his mortgage or the riotes which it secures, rhea-the entira principal.
<br />;-urn and arxrued interest shall at once become due aad payable, ,and' draw ~' per cent { * %a) intirest
<br />thercafier until paid at the election of the mortgagce; and 3lti; tnortgage mag thcreapon be foreclosed immMiately
<br />for the whole of the indebtedness heret±y secured, intiading tilt cost of extending the abstract of title from the
<br />data of this mort~e to ehe time of comntcncing such suit.
<br />4. In the evesri of a forn:iosurr or default as provsdctl heron, the mortgagereshall at once t>c eatiilc+;i'to the pos-
<br />scssicm, use, and enjasmcnr of the rra3 est~e aforesaid and to. the rent, issues, royalties, and- profits thereof,
<br />from the ac<.-ruing of such rights and during thx pendency of foreclosnre praeedings and suttt posscxsians, etc„
<br />shall at ,tract be dchvcsed to the mortgagtr upon request upon failure sash delivery of such possession may be
<br />rnfaxtxd by mortsagcc, by any appropriate Sagal pr[accedings, incindutg-a receiver for the prtrperty:
<br />5. I'Ttc proceeds xcf any ,ale of paid c ropcrr}' in accordance with the prec+Cding<paragraphs shall be applied first to
<br />real the gist: a:eci e.xgemcs of said 3alr, :hc ezpenc:s ir3cuered ^~ r',te mortgatZCC ''or tee purtxsscr of peotecuntt yr
<br />[itaitYtiYlnin-t said rxoc~erty, ~.ec~anii?y, ,c. t~ecy ;he inYl~iy[e~9ne z ~eevr-et herek~y, anti Thirdly, ~c~ t.2.y ang snrpluss or
<br />excess t,~ :hc i croon ^a ;xrxocs i~iiy cn[s'iiy4therrta:
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