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<br />d. For better security of the indebtednes, hereby secured, upon the request of the mortgagee, its successors
<br />or assigns, mortgagee shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and all property acquired by it after
<br />the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in the payment 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 ro do so; and such advances
<br />shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions:
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement yr
<br />extension of the time of the payment of the indebtedness evidenced by said promissory note or Hates, or any
<br />part thereof secured hereby.
<br />f. To continuously 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..All insurance shall be carried in compan;es acceptable to mortgagee. and the
<br />policies and renewals thereof shall be held by mortgagee and have attached thereto Joss payable clauses in favor
<br />of and in form acceptable to the mortgagee. In event 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 concerned is hereby authorized and directed to make payment for such loss directly. to mortgagee.
<br />instead. of to mortgagor and mortgagee jointh~, 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 restoratioP or
<br />repair of the property damaged or destroyed, In event of foreclosure of this mortgage, or other transfer of title
<br />to said prapetty 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 shall pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. To keep all buildings and other improvements on said property in good repair and. condition; to
<br />permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the evetat
<br />of failure of the mortgagor 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 />necessary for the proper preservation thereof; and the thU amount of each and even• such payment shall be
<br />immediately due. and payable; and shalt be secured by the 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 liens inferior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort-
<br />gagor will keep and maintain the same free from the 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 past 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. AtI awards of datnages in connection with any condemnation for 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 js hereby authorized, in the name of the
<br />mortgagor, to execute and deiivervalid acquittances thereof andao appeal from any such award.
<br />k: The mortgagee shall have rite right. to inspect the mortgaged premises ac any reasonable time.
<br />1. To comply with: the provisions of any lease if this Mortgage is on a leasehold. if this Mortgage is on a
<br />unit irr a condominium. or a planned unit development, Borrower. shalF perform all of Borrower's obligations.
<br />under the declaration or covenants. creating or governing the condominium or planned unit development,the
<br />by-laws and regulations of the condominium or planned unit development, and constituent documents.
<br />2: Llefault in any: of the covenants or conditions of this instrument or of the note or loan ageement secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjoyment of the property,. at the option: of the
<br />' mortgagee or,assigns fit being agreed: that the mortgagor. shall .have such sigh; unr: default). Upon any such
<br />default, the mortgagee shalt become the owner of all of the renu and profits accuring after default as security for
<br />.the indebtedness secured hereby, with the. right to enter upon said property for the purpose of collecting such
<br />rents and profits. This instnument shall operate as anassignntent of any rentals on said,praperty,to that extent:.
<br />3. If the mortgagor defaults, and fails to make any payments when due or to conform to and comply with any of
<br />the conditions or agreements contained in this .mortgage or the notes which it secures, then the entire principal
<br />sum and accrued interest shall at once become due .and payable, and draw * .per cent ( i R_n~/o) interest.
<br />thereafter until. paid at the election of the mortgagee; and this mortgage may thereupon be fvredosed immediately
<br />For the whole of the indebtedness hereby secured, including. the cost of extending the abstract of title from the
<br />date of this mortgage to the time of commencing such suit. *Eighteen
<br />4. In the event of a foreclosure or default as provided herein, the mortgagee shall at once be entitled to the pos-
<br />session, use, and enjoyment of the real estate aforesaid and to the rent, issues, royalties, and profits thereof,
<br />from the accruing of such rights and during the pendency of foreclosure proceedings and such pvsse5sions, etc.,
<br />shalt at once be delivered. tv the mortgagee upon request, upon failure such delivery of such possession may be
<br />enforced by mortgagee, by any appropriate legal p: oceedings, including a receiver For the property.
<br />5. Tile proceeds of any sale of said property in accordance with the preceding paragraphs shall be appPiccl first w
<br />pay the costs aad Expenses of said sale, the expenses incurred by the mortgagee for the purpose of protecting or
<br />maintairiing said property, secondly, ro pay the indebtedness served hereby; acrd thirdly, to pay any strrplu:, ar
<br />excess tn.thc, person yr persons legally entitled zliereto.
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