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<br />d. For better security of the indebtedhesss hereby secured, upon the request of the mortgagee, its successors
<br />or assigns;. mortgagor shall execute and deliver a supplemental mortgage or mortgages covering: any. additions,
<br />irnprovemenu, or betterments made to the prnperh< hereinabove described and alt properzyacquired by it after
<br />the date hereof {all in forth.satisfactory to mortgagee), Futttermore, should mortgagor fait to cure any default
<br />iii the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor here-
<br />by agrees to permit mnrtgagee to cure such dbfauh, but mortgagee is nor obligated to do so; and such advances
<br />shall become part of the indebtedness ses~ttred by this instrument; subject. to thesame farms and.conditions:
<br />e. The rights created: by this conveyance shall remain in full force and effect. during any postponement ar
<br />'extension of the time of the payment of the indebtedness evidenced by said promissory note or notes;,ar any,
<br />part thereof ses.^rired hereby.
<br />f. To continuously maintain hazazd insurance, of such type or types. and in such amounts as the .mortgagee
<br />may from rirrte to time require on the improvements now or hereafter on said. property, and. will pay promptly
<br />vehen'due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and renewals thereof shad be held by mortgagee and have attached. thereto toss payable clauses in favor
<br />of and.in form acceptable to the mottgagee. In event of loss, mortgagor will give immediate notice: in writing-
<br />to mortgagee, and mortgagee may make proof of loss if not made prompdp by mortgagor; and-each insurance
<br />company concerned is hereby authorized and directed to make payment for such toss directly to mortgagee
<br />iastead'of is mortgagor and mortgagee jointly, and the insurance proceeds, 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 />rrlxaar of the propttty damaged or detvoyed- In event of foreclosure of this mortgage,. or other transfer of title .
<br />to said property in extinguishment .af the indebtedness secured hereby, all right, title; and interest of the
<br />martgagor in and to any insurance. policies then in force shall pass to the purchaser or mortgaged or, at the
<br />option-of iht mortgagee, ma}^ be surrendered for a refund.
<br />g. To keep al} 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 even[
<br />of failure of the. mortgagor to keep the buildings on said premises and those erected on said premises, of
<br />improvements thereon, an good repair, the mortgagee may make such repairs as in azs discretion it may deem
<br />neuxssary for the. proper preservation thereof; and the full amount of each and Ewers such payment shat! be
<br />immediately due and payable: and. shall be sevred by the. fain of this mottgage.
<br />h. To not.. s°oluntarily create or permit to be created against the property sulsjrct to tells mortgage any lien
<br />or Iicns inferior to the lien of zhis mortgage without written consent of the mortgagee; and father, that mort-
<br />gigot will keep and maimain the same free from the claim of all persons supplying labor or materials for con-
<br />szntction of any and all buildings or improvements now being erected or to be erected an said premises.
<br />i. To not rem or assign any part of the rent csf said mortgaged property oe demolish,. or remove, or
<br />:substantially alter any building. without. the w•ricten consent of the mortgagee.
<br />j. All awards of datttages in connection with any condemnation for public use of or injury to any. of the
<br />property subject to this moagage are hereby assigmd and shall bc. paid to mortgagee, who. may apply the same to
<br />payment of the installments .last tine under said note, and mortgagee as hereby authorized, in the nitre of the
<br />mortgagor, to execute aid deliver v21id acquittances thereof and to apps-al fram any such awazd.
<br />k. The mortgagee shall have ilia right to inspect thdmortgagrd premises at any reasonable time.
<br />l: 3"n-comply Hth ilia provtsiatts of any lease if than :blottgage is on a leasehold. 1f this Mcrlgage is on a
<br />unit in a condominium or a planned unit. develot,mertt, Borrower shall perform a:ll of Borrower's nbligatians
<br />under iht dtrlaracion or covenants ctrating,or governing the sondosninium or planned unit development,the
<br />l`v-i.xws aad regulations of the cattdomittittm orplanned snit development, and constituent documents:
<br />3: Default in any of the caYenanis or conditions of this instrument or of the rate or lean ageement secured: hereby.
<br />shall tcrnzi;atm :the. mortgagor's right. to possession, use, and enjoyment o€ the: property; at the. option of the
<br />m<xtgtgce nr assigns {tt being agreed that. the mortgagor shall. have such .right until def'autt). Upon. any such.
<br />deiauft, the mortgagee shall, become the owner of all of the rents. and profits accusing after default as security for
<br />the indebtedness: saurtd'hereby, with the right to enter upon said ptaperty for the pt,.pose of collecting-:such
<br />rents and protits: This itistrumeot shall nperat~c,as an assignment of any rentals on said property to thatextent,
<br />3. if the mortgagor defauhs, an,l fails to make any .payments when due ar to conform to and comply with any of
<br />the conditfans nr agreements contained in this mortgage or the notes which it secures. then the entire principal
<br />sum and at^crued interest shall at Deice become due, and payable,. and draw * per cam {. r . p %) interest
<br />thereafter anal paid at the election of the motegagee; and this mortgage may. thcreupoh be foredused fmmediateiy
<br />for *.hc whole of the indebtedness htreby secured, ancludartg the cast of extending fete abstract of atla from the
<br />date of this mortgage to thetimrof cammerrcing such-suit. *3ixte~n
<br />a. i n the event of a foreclosure nr default as praxidcd hsrcin, the: tnortgagce-shall at once be entitled to the pos-
<br />session, u+e, and enjoyment of the :cal estatt aforesaid atul to the rent, issues, royalties, and profits thereof;
<br />frernr tha acrrsing erf such rights ahd during ilia pendeaey of forrrlosttre prarerditrgs and such possessions: etc.,
<br />shat. at ante be delivered to the ttroitgager• upon request, upon failure suzh.dehvrry of suchpossessinrt ntay br
<br />rnfarced bt nt:rr t};agec, by any appropriate legah,pracc`ct3ittgs, iralttding aaeeeis~er for, the propdrty.
<br />5 hr pitheads t>f and: :a,e c>t said nrarctity ,rt accnrdarzcr with the preceding paragra;~hs shall lac applied first to
<br />,?a} zisr Mists anti ectaerz9e~ o' ±aid talc. the expcn+aesincxYrrsYf by r.hernortgat~e i`nrxbo rrurpnsenf r+totreting or
<br />ataantaining .aid r,roza~s[y, ~.cc:attdly, to r~~ty the indebtedness secured Mer~bys a-~d. n=r~iy~, fo paY e7ttp tcarr!itrs c+r
<br />tx-r-„ co [hC t*rrg7,*t J: pCCSOr+a le '},¢iiy`C'r9f1t}fd tiFCr~te,.
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