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<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />or asaigis,? mortgagor shat( execute and deliver a supplements[ mortgage or mortgages covering any additions,
<br />improvements, or betterments made ro the property hereinabove described and ail propetty acquired by it after
<br />the date hereof (ail in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in the paY;-nent of a prior or inferior encumbrance on the property described by this instrument, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances
<br />shalt become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />e. The rights created by this conveyance shalt 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 />part thereof secured hereby.
<br />f. To continuausly 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. Ail insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and renewals thereof shall be held by mortgagee and have attached thereto toss payable clauses in favor
<br />of and in form acceptable to the mortgagee. (n event of loss, mortgagor wilt 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 concerned is hereby authorized and directed to make payment for such loss directly to mortgagee
<br />instead of to mottgagor and mortgagee ,jointly, and the insurance proceeds, ar any part thereof, may be applied
<br />by mortgagee at its option. either to the reduction of the indebtedness hereby secured ar to the restoration or
<br />repair of the property damaged or lestreyed. 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 />mortgagor in and to any insurance policies then in force shalt pass to the purchaser ar mottgagee oe, ai the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. To keep all huildings and other improvements on said propertyrn good 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 mostgagor to keep the buildings on said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />ntxessary for the proper preservation thereof; and [he full amount of each and every such payment shall be
<br />immediately due and payable; and shall be secured by the Lein of this mortgage.
<br />h. To not voluntarily create ar permit so be created against the property subjc^et to this mortgage any lien
<br />or liens inferior to the lien of this tortgage without written consent of the mortgagee; and turner, that mort-
<br />~tgor will keep and maintain the same free from the claim of alt persons suppluing labor or materials for con-
<br />struction of any and alt buildings or improvemenas now being erected or [o be erected on said premises.
<br />i. To no[ rent or assign any part nt the rent tat said mortgaged property ar demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
<br />j. Ail awards of damages in tonne..--tiau with any aondemnatian for public use of ar injury to any of the
<br />property subject to this mortgage are hereby .assigned and shalt tee 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 rite name of the
<br />mortgagor, to execute and deliver aa[id acquittances thereof and to appeal from any such award.
<br />k_ The mortgagee shall have the right ro inspect rite mortgaged premises at any reasonable time.
<br />1. To comply with the provisions of any lease if this ;Mortgage is on a leasehold. If this !vortgage is on a
<br />unit in a condominium or a planned unit. development, f3orrowex shall perform all of Aorrower's obligations
<br />under the declaration or covenants 4-rearing of governing the condominium or planned unit development,the
<br />by-laws and regulations of the condominium or planned unit development, and constituent dcx:umenes.
<br />?. Default in any of the covenants or conditions of this instrument ar of the note ar loan ageement secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjoymenr of the property, at rite option of She
<br />mortgagee or assigns tit being agreed that the mortgagor snail have such right. until default). ifpon any such
<br />default, the mortgagee shall beconfe the owner of all of the rents and profits securing after default as security for
<br />the indebtedness secured hereby, with the right to enter upon said property for she purpose of collecting such
<br />rents and profits. This insin anent shall operate as an assigttment of any rentals on said property to that extent.
<br />3. if the mortgagor defaults, and fails to make any payrnents when due or to conform to and comply with any al'
<br />the conditions or agreements contained in this mortgage or the notes which ii secures, then the entire principal
<br />sum and accrued interest shall at once become due and payable, and draw __v per cent (~~~ro) interest
<br />thereafter until paid at [he election of the mortgagee;. and this mortgage may thereupon be foreclosed immediately
<br />for the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the
<br />date oS this mortgage to the time of commencing such sots.
<br />d. In the event o€ a foreclosure or default as provided herein., the mortgagee shall at once be entitled to the pos-
<br />session, use, and enjoytnent of the real estate aforesaui and to the rent, issues, royalties, and profits thereof,
<br />from. rite accruing. of sueit rights and during the pendency of foreclosure proceedings and such possesstans, etc.,
<br />shall at onct tae de4ivered to [he mortgagee upon request, upon failure such delivery of such possession may be
<br />enfnrced by mortgagee, by any appropriate legal proceedings, including a receiver for she property.
<br />S. The proceeds of any vtle of said property in auardarace with ?he preceding paragraphs :;hail t?e applied firvt to
<br />pay the costs and expenses of sand sale, the expencns incurred by the mortgagee for the purisase of protecting i3r
<br />matntaxniog .said property, secondly, to pay the indebtedness securc~c! he~ret?y; and ?rtird)v, to i`:ty any s?rr;>tus <•r
<br />estevs tcy the person ur persons legally entitled thcretcr,
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