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<br />~'~--a{~~~Q <br />d. For beater srcuriiy of the indebtedness 6erehy secured, upon the request of cite mortgagee; .:its successors <br />or assigns, mortgagor shall execute: and. deliver a supplemental mortgage ar mortgages covering any additions, <br />improvements, or betterments made to the propetty hereinatsove described and aIt property acquired. by it after <br />the. date hereof (ail in form. saris€actary to mortgagee). Futhermare, shawld mortgagor fail to cure. any default. <br />- is the pagment of a pricer ar mferioe encumtzrant:e on the property described by this instrument, mortgagor here: <br />by agrees to perrnit mortgagee to cure such default., but. mortgagee is not obligated: to do so; and such advances <br />shalt bet ome part of the intfebzedness secured by this instrument, subjr,-t to the same terms and conditions. <br />e. The rights created by this conveyance shat( remain in full. force and effeca during any postponement or <br />extensiotr of the tune of the payment of the indebtedness evidenced. by said .promissory note ar notes, or any <br />parttherraf securedhcrcby. <br />f. To continuously maintain hazard insurance, of such. type or types and in such amounts as the mortgagee.. <br />ntay from time Ea time require an file improvements nvw yr hereafter on said property, and will pay prtsmptly <br />when due. any premiums therefor, Ali insurance shall be caericd in companies acceptable to inortgagee;:and the <br />txrtltetes and renewals thtreaf'shatl br' held by mortgage( and have attaches! thereto toss payable clauses in' favor <br />of and in farm acceptable tc the mortgagee. in even.( of loss, mortgagor will give. immediate aotice'in writing <br />to arzartgagee, and mortgagee may make proof of lvss if not made prompaty by mortgagor, and each insurance <br />cornpany wrccrncd is hereby authorized and: directed to make payment for such toss dircc8y to mortgagee <br />instead of to morlgagor and morgagce jointly, and the insurance proceeds, yr any part thereof, may be applied <br />by mortgagee at its option either to the reduction of ehc indebtedness hereby secured onto the restoration or <br />repair of the property damaged. tzr drstroYed. In event: of foreclosure of this mortgage, or other transfer of title <br />to said property in exttnguishment of the indebtedness secured hereby, all. righa, title, and interest of the <br />.mortgagor in and is any .insurance policies then in farce shall pass to the purchaser or mortgagee. or, at the <br />option of the mortgagee, inay be surrrndercd far a refund, <br />g_ 7'o ktrp all bualdirtgs and. other improvements an said property in goad repair and condition, to <br />prrmii, canmit. or suffu na waste, impairment, drtrrioratian of said properly or any part thereof, in the event. <br />of failure of ahe mortgagor to keep the buildings an sold ptrmises and those uersed on said prctnisrs, 'or <br />improvements thereon, in good repair,. the marlgagrr may make fzach repairs as in its discretion it may deem <br />necressary for the. proper presmatavn thereof, .and the full amount. of each and every such payment shall be <br />mnraiiately due and payable; and shall. brsrrurrd by the iein of this martgagr. <br />h. 'iu nor valuntartly create ur prrmtt to be created against the propucy subjn:a to this mortgage any lien. <br />or titnts mfuiar to the tiezt of this maragaKr withauf writtrn sonsrm of the mortgagee; and futher, that most= <br />gaRar will keep arzd ma;main the ~a:nr fete fraan tJtc claim of all. persons suppl}•ng tabor or materials for cori- <br />strurriaa of any and ,all b,rilding, or rmpruvcmrnrs now liemg rrttKrd or to be rrrcird on said premises. <br />Tc+ nor'rsnt yr assign anti part of the xrrtt taf sold mortgaged property yr demolish, or remove, ar <br />suhstan[iall} aittr any lzuildirtg wnhona the wrrtten cansrm vt" the mortgagee. <br />j. qll awarda of tiamagrs to wnner.^atan with any tvrsdemnatitrn far pubic use of ar injury to any of the <br />preperr~ wJzlect sa thrt rnortgagr are hereby asstgncxt and uhail,be Paid to mortgagee: why mzy apply the same to <br />payt»ent of [he irtxiatltnrazts last dirt under soot twte, and mortgaget is hereby authorized, in the name of thr <br />mortgagor, to execute and dclivu valid acx#uartane~es thereof and to appeal iroti^ any such award, <br />k. The morlgager shall itavr the righa to inspact the mortgaged premises as any rrauznabte time. <br />1. Tp comply with t1Ae pravtsttxzs of any Iessr sf thin .liortgagr is an a Jrasehuld. if this: hlartgagr is an a <br />unit in a condominium or a piannsd unit dcvrlupmena_ ~arrawrr shall pultsrm a!1 of t3orrower's obtigatior?s <br />under the declaration ar cxrvertaats.cteaiing ur.governyng the condomrrrium ar planned unii>dcvrigpmcnz,the <br />Dy-laws anti regutatixns of the castdoatirtiura ter pianne,d unit devdapmenr, and consaiturnt documents, " <br />2. Dtfault in anp of the cavenan:,x or ecznditians of thzs stvstr•rar:exa or of cite note yr loan ageemsnt secured hereby <br />Mall [uminate ihr anartgagor's raght to pas~wsian, use,. and rnjoym,enz of the property, at size option of the <br />mort~e or aastgns (it being agreed that ahe trtoragagor shah bout such right uniii drfault3. t7pon any :~cn <br />default the mortgagee shall became the oa+ner of cell of the renu and prow. acetaring after default as security for <br />the indebtedness srcttrexi herelry, with the right tts mtrr upon said prapsrty far the purpose of ca(ixting s.+ch <br />ernes and profits This imtnurlrat shall operate as an assignment of any rentals ten said property to that sirtent. <br />J. If the mortgagor defaults, and fails to snake any payments when due ur to conform ea and comply with any of <br />the ronditiaru or agrcrnsrnts cuntasrtrd to this mortgage or the notes which it secures, then the. entire: principal <br />sum aruf aa-rued imemt shat! at ants become due and pavabJr, and dra+v * o~tprr cent (*, aa1~) inzerG;t <br />ttzc:eaftcr uetil pa;:l at the eln:3aa of ohs marlgagst; and this mortgage may ther._upan br forseltzsed immrcliately <br />for the whc>ic of .:tc fndehtedrtcss hereby srcurrti, ineltzdirrg the cast of eX1~n(ting the abstract ~f tialc from the <br />dare ztf itts.9 m,ir*.}tagr to tht drag of crranrnerreing sut~iz stair. <br />d. In the errnt o.` a fartxtostrrr ter default as provdcdhurin, the. martgagseshail:at once-be:rnaitird tathe pow <br />srssivn. u~r, and rnjtrE•ratrnt of the real estate afaarrsaid and to the.rcrtt. issues, rcayalties, and prtzfits theraaf. <br />fmm the arcr:cenR ,3C stxcJz tzgt;ts and dutiarg the Rrrtdrncy of foreclosure proccrdinge acct such t+ossrssions, rtt:, <br />hsil .ace prrcY z~ dttlivct~xl to rJte m4t~<gager upatt request; upon failure suz:h deti4rry :oi sucJt pvssrssivn may br <br />cnfcrceu by ntnrgagoc. !*y ant aptxapriatr legsl prarredzaags, ituluding a ra~ivrr for the prapcriy~. <br />S : ~ °u x *.Yls vfi 3n•r gait' c+f mid prctf+rrrv ire sr.rrdancx virith the pre Grl:ng aragrizt>hs shall !>e apf*ied tier;. tv <br />i'~> '~ ~ ;t ar^d rx;~znsec r:4 ,art raEc, the s~senc rr .t>rrd Fsp ;rsc ~ '.ogee ft+r the a*rxr~sr x~t trcxexai~ng «r <br />~a~ asz s ~ •a,~ c~grt } , Ccvntii_ -t. 4 nc ,r~cr_ ~ ruby: arsti rh=rctty, ter pay tnt snrpstss ~r <br />~ zzS~cxs recur <br />±-s ii" . , .?2r ,x^st~ r~r ,+.*'S ~,,, Zr~7.t} ;t~r,s•; i_he"e; t` <br />