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X32 is 1127 ,
<br />d. For better security of the indebtedness Hereby secured, upon the request of the mortgagee, its successors
<br />ar assigns, mortgagor shalt eYeeute and deliver a supplemental. mottgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabave described and all property acquired by it after
<br />rha date hereof (aII in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in_the payment"of a prior ar inferior encumbrance on the property described by this instrument, mortgagor here-
<br />b} agrees to permit tttarega?~-ro cure such default, but mortgagee is not obligated to do so; and such advances
<br />;;hall become part of the indebtedness secured try this instrument, subject to the. settle terms and eonditians.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postpanement or
<br />eXtensian of-the time of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />parr-thereof secured hereby.
<br />f. To coatinuousiy maintain harard insurance, of such type ar types and in such amounts as the mortgagee
<br />may from time to time require on the mprovemenu now ar hereafter an said property, and will pay promptly
<br />when due anu premiums therefar..~[4 insurance s?iaU be carried in companies acceptable to mottgagee -and- the
<br />policies. and retnewaks thereof shalt be held b_r• mortgagee and have attached thereto teas payable clauses in favor
<br />of and in farm acceptable to the mortgagee. In event of lass, mottgagor will give Immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of Ions if not made pramptlY by mortgagor, and each insurance
<br />company cancerntd is hereby authorized and directed to make payment for such lass directly to mortgagee
<br />instead of to mortgagor and mortgagee jainilr, and the insurance proceeds. or any part thereof, may be applied
<br />by inartgagec at its option eithee t~ ~ the reduction of the indebtedness hereby secured ar ro sfie restoration or
<br />repair of the property damaged ar destroyed. In event of tareclasure of this mo:tgage, or other transfer of title
<br />to said property in extinguisltm+:rtt of the indebtedness se.~ured hereby, all rght, title, and interest of the
<br />mortgagor in and ice any insurance pahc°ics then in fore s3aa11 pass to the purchaser e?r mortgagee or, at the
<br />option of the mortgagee. may be surrendered for a refund.
<br />g, 7`a keep ail buildings ,nd ceher improvements an said prapertp in good repair and condirian; to
<br />permit, commit, ar suffer no K•astc, impairment, deterioration of said property nr any part thercrof; in the event
<br />of failure of the mortgagor to i:rtp rite huildings an s,ai+tl premises and Those erected on said premises. or
<br />impros°ements iltercoo, in good rcpatr, the mortgagee may make such repairs as in its discretan it may deem
<br />noaessarY far the prayer preservation ttiercaf; and the foil amount of each and every such payment shall be
<br />irttmediate#y dot and pava#slc« and shall. },~ secured. by. the lean of this mortgage.
<br />h. 3"o not o-aluntar~,~ create cu trcrtnit to fie rrcat~.l Farn*.t the r?rapertY subject tea this mortgage any lien
<br />cx 3;nzs tnfcxiar ro t=.',c I.rtr ref this tntir;ya v.uhout ~~ni;cn -: ,nsertt s7f the izurn'tga~g~; and. ~tltthar. that mort-
<br />esuar w:ll keep and maama:n the same fact from. ;ne .:ai~n .°f .7l persons +u;.tidying, lobar or materials for can-
<br />.;ru~tann cif' any and a;k t~u~idinlCS tic ampraxetnentx no~+ tx~np crx~teti ar to l±e erected on xaid premises.
<br />i, 'd'o nttt rent ~.: :ti~vcn ;:ny pan L,t ttzt tent ;.3F ^~acd mortgaged property ar demolish, ar remove, or
<br />sub~anttaliv' attr env t+uildsnrt wsthout the wnticn eon+cat ,af the mat•tgagee.
<br />2. A!i a~++ards of c9araagrx „i ~xtnnci:tion u~th ixr:y .aeucst:nnation far public use of ar injury to any of .the
<br />frcopcrt', ~uli}s:t to ehas tnoriRage are hcxeby assigned an.s >Rail be peat to inartgagee, wlio ntay apply the same to
<br />patYmatns ,>f the irastaflmenic ~:xst due under sand Hate, snd mortgagee is hereby autharsced, in the Herne of the
<br />manor, to e~ca:>>•e and Scitvcr valid acaquittancM+:s thereat and to appeal Tram any xu:lt award.
<br />k. "l"he ~ ta• ~.:~, ,'~a811aave the right to inspect •tse marigaged premises at stray reasonable tithe.
<br />1. ~a+arurl=~ w,en t!te ~+rcnri5;ia~ t>f atrv 4euu ,t thn ~.is3rtgt is ana l~awe},atd. if this Mottle is an a
<br />unit in a i.~ndorme,a,am =7r a planned tar7it Jc.rloprs:ent, Elarro+u# shall perform all of E3arrawcrs obligations
<br />uttt~r the veclarai,am or ca,tnznts crdatint¢ or p•~tscaiting the cattdomnittm or planned anal develapmetrt,;the
<br />by-Taws assd re$alataons et the condotntniuns or ; t:+.rraed atria development, and constituent d~:timents,
<br />.t, jtefsult in any of the wveaattts or conditions of this irt^rtrument or of the. note or loan ageemettr sa~,cvred hereby
<br />si;all ter*rrittatc thr mortgagor's right to parssessiari, use, and enjoy°ment of the property, at the option o€ the
<br />riarigagCC ar asaigtrs tit being agreed that. tht mortgagor ,hall have sucfa right until. default). EJpan any su+rh
<br />dz!tault, ttte rttortgagee slta3l 1se~staie the owner of all of the rents and profits acc~uring after default as security for
<br />the ~r,~rr~tedtaess seruretl Ixreby, wrtlt the right: to enter upon said prop~crty for the purpose of collecting ouch
<br />renr< attd profit- 'tis ins trunuatt shall oper8tt as an assignmuet of any rentals on said property to that. extent.
<br />~, li the anortga$or defauitt, and faits to make any paymeetis when due ar to confirm to and: comply with any of
<br />the <:ondataons or agrecrrtenrs contasn ire this mortgage or the Hates which it secures, then the entire principal
<br />sum and ;,tinted interest shall at aa.cx beuetne due and payable, aril draw __.._' per cent f 12. C1?lo) interest
<br />teereafrer until , airs at the clcction ofshc mortgagee; and this mcsrtgaga tna> thcrcupan be faxeclased mm~diatety
<br />fa- ;hc ~lxa+c o! t'sr. in:la-btedrtess heerbyvreel, including the a;ost crf extetrdng the abstract. of title Pram the
<br />diatre erf this n:w.gags sE, cfte !sirrot of comrttcncinat such suit.. *Tweive P2rceret
<br />4. 1n the nrn= irr a sa.reciosure or default as provided herein, the rnartgagee shall at once be entitled to the pos-
<br />~rssaan z,;c_ antl enlormrr.; ~,; the real estate afotcsatd stirs. to the rent, issues, royalties. and profits thereof,
<br />tram .hr a~~:u:ng of 4afh r.ehts anJ durirpg the ~ericy of foreclosure prtxeetlings and Such siotts, etc...,
<br />Stsa3i ist nit ix ci~:ncrra# to t'rec ,ncxagagee upon request; upon. failure such delivery csf su+:h passE`!ssion maY be
<br />rntrsrced hy~ rr,oriaagee, hey an; a,`zt+rtipriatcletForl. pruc~eedi~ngs, isclttding a s~rxciver Far the pre>pert.y.
<br />T"h; ;~srx+.e:fq u: ~*Fw i:r#et+f =.:tiA tmrscw_rty in acxrardance with the prex~ing para{lrapfis +~hali be applied tirsa to
<br />r,a,, cr .:,<:ti ;:r1 r~tx±~~ty c:i ssrt4 :d?c, the expenees itacrtrrrxl tsy tkza• nwris,atzee far ttxe purpcxe a:} .n>acati-eina err
<br />a;ta.,x:ein,rik :-aic3 ; re~r.+cre~' sese~ats:!r. !c~ pay:ehe inda:lztedraess seb;ureai hea^rby. ;ttsc9 ;tiirdl}', tea paY arty surpins ',r
<br />cut;E? ~ _,.° [H='ati«„ ss ets!rrs[ its '.-sr~;e~ly G`;rtltlyd th~!"ext~,
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