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<br />82--,,~1~2s~
<br />d. Forherter security oEthe indebtedness herebysecured,:upon the request of the mortgagee,-its successors
<br />or assigns;: morgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />impraa-ementti, or betterments made to the property herainabove described and all"property acquired hyit after
<br />the date hereof (all in form satisfacrorc to mortgagee): Futhermore, should.-:mortgagor Fail to cure any' default
<br />in the payment of a prior or inferior encumbrance oti the property~deseribedby thisinstrument, mortgagor here-
<br />by agrees to permit mortgage~ to cure such defaul[, but mortgagee is not'obligatedto`dose: and such advances
<br />shall become part oFthe indebtedness secured by this iustrriment, subject to the same-.terms and conditions.
<br />e. The rights created by-this conveyance shall remain in fulh force and effect during anypostponemert or
<br />extettsion'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 continuously maintain hazard insurance, of such type pr 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. AlEinsuranec shall-be carried in: companies acceptable to mortgagee and the
<br />.policies and renewals [hereof shat[ be held by mortgagee-and have attached-thereto loss payable clauses in favor
<br />of and in-form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice iti writing
<br />to mortgagee, and mortgagee may make proof"of loss if noz made-promptly:by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment for such loss directly to monEagee.
<br />Instead of to 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 />repair of the property damaged or destroyed. In event of foredasure 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 poGcits .then in force shall pass'to the purchaser or mortgagee or, at the
<br />option of themortgagce, may be surrendered fora refund.
<br />g. To keep ,all buildings and other igaprovemcnts on said property, in good repair and condition; to
<br />permit, commit, arauffer no waste, impairment, deterioration of said property or+any part thereof; in-the even
<br />of faihue of the mortgagor to keep, he buildings alt said premises and those .erected on ;said premises, or
<br />improvements thereon, in good repair, the mortgagee may snake such repairs as in' its discretion itmay deem
<br />necessary! for the proper preservation thereot; and the' full amount of each and' every such" paymenrlshail be
<br />immediately due and payable; and shall be secured by the iein of this mortgage.
<br />h. To riot voluntarily creatt or permit to rte orated against the property subject to this mortgage any lien
<br />or iieas inferior to the lien of this mortgage without written consent of the mortgagee; and fiuther, that tnort-
<br />gagor wilt ker:p and maintain the same' free=from the claim aEall persons suppiyingaabor or materials` for con-
<br />structian of any and,a{I buildings or improvements now axing erected or to be erected an said promises.
<br />i, To not rent or assign any part of the:rmt of said mortgaged property or dem4iish, or remove, or
<br />substantially alter any building without tht written consent of [he mongagec.
<br />j. All awards of damages to connection with any condenutation for public use of ac injury to any: of the
<br />property subject to this mortgage are hereby assigned and ;;hall bepaid to mortgagee, who may. apply the same to
<br />payment of the installments last due under said note, and mortgagee is hereby authorized, in the name. of the
<br />mortgagor, to execuu and deliver valid acquittances thereof and to appeal"from any such award.:
<br />k. The mongaget shall bout the right to inspect the mongaged premises at arzy reasonable lima.
<br />i:'Ta comply with the provisions of any lease if this Mottgage is on a`leasehold: if this Mortgage is on a'
<br />'unit in a condominium or a planned unit development, Borrower'shali perform all: of Borrower's obligations
<br />under the declarattan or covenants. grating or,governing the condominium or planned unit deveiopment,thr
<br />by-laws and regulations of the condominium or planned:unit development, and constituent documents.
<br />2. Default in any of the covenants or conditions of this instrument oe of [he note or loan ageement secured hereby
<br />shah termitrau the morxgagar's right to possession, use, and enjoyment of the property, at the opnor, of the
<br />mortgagee or assigns (it being agreed that the mortgagor shall have sorb right until ;default). Upon any such
<br />default, the mortgages shall become the owner of ail of the. rents 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 />ten;s and profits. This instrument shall operate as an assignmen[ of any rentaison'said property to that extent,
<br />3. if the mortgagor defaults, and. fails to males any payments when due onto conform to and comply with any of
<br />the conditions or agresments'contained in this mortgage;or the notes which it secures, then the entire principal
<br />sum and accrued interest shall' at oncx berme due and payable, and draw ~~ per cent ( 070) interest '
<br />thereaFtrr until paid a: the elation of the mottgagce; and this mortgage rteay thereupon be foreclosed immediately-
<br />For the whole of the indebtedness hereby secured, including [h: cost of extending Che absuact of title from the
<br />date of this mortgage to the time of commsncing such suit.
<br />4. In the event of a fara:losurc or defaultas provided herein, the. mortgageeshaii atonce be entitledtothe pos-
<br />session, uu, and enjoyment of the real estate aforesaid :and [o rite rent, issues, royahies, ancl,profits thsrevf,
<br />Erom the accruing of sorb rights aad during the pendency off foreclosure proceedings and such. possr5sions, etc:,
<br />shall at once be delivered to the mortgagee upon rcquos[,' upon failure such deliveryof such possession may ire
<br />cnfamcd by mortgagee, by any apprU,^.riate legal proccsdngs, including a receiver far the property.
<br />5. fihe Fr~u~-c;is ,>f anv .ate :~f said n,opcrty in aecbrdarace wish the preccting paragraphs sltali lac applied -first tit
<br />y.~a, hr casts ar;d cep:.rtsas e,i aid ale, the expenses incurred by thetnrartgagee for tha gurposc,a7i prrHectan~ or
<br />rn.a.rteining ~,ai:1 ~;C+petiv.:,~:.:xtdiv. ;c nay r''te °-ndMbtctirtesa s~tired lteretty;. arul thirdly. io pay' any urplus ar
<br />case fbr ik_ru~ta ~c pcssa;nu itv,t i'.ly c~ntit ed ttrt~,to,
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