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<br />82- i~u27y$ <br />d. For hotter security of the indetrtGdriGtis herab}• secured, upon the request of tiie mortgagee, its successors <br />or assigns, mortgagor shat[ execute and deliver a supplements! mortgage or mortgages covering any additions, <br />impravements, nr lxettermenis made ro the property hereinabove dcscritaed and<ail property acquired 6y it after <br />titc date hereof (all in farm sarisfactnry to martgagcel. Futhermore,'should rnortgagar fail to cure any. default <br />in the paymtn[ c,i a prier or inteK:or encumbrance nn the proper[g described by this instrument, mortgagor here- <br />ty agrees to perm[[ mortgagee to Here ;tech default, but mortgagee is Hat obligated tp do sa; and such adtiances <br />shall bcYOme part of the indebtedness setw~rc+ try [ht~ instrument, suttjeet to the=same terms andcaaditinns. <br />e. The rights created B~, [tees conveyance shaA remain in full force and effect during any postponement or <br />rzterssion n( the time of the payment of the indebteiness evidenced by said' promissory note or Hates, or any <br />pas therrctf szcuree! herrhy <br />f. To continuously mainuin hazard insurance. of such type or types and in sut:h amounts as the mortgagee <br />may from time to ume require or, the improvcmcnts now or here) "ter on said property, and will paY promptly' <br />when dtre any premium. therefor. ;111 :nsnrance steal! tx carried ..~ companies acceptable to m„rtgagec atld the <br />poltcuxat['tl renewals theerof shall he held by mertgageeand have attached thrreeo Iasrtrayabk clauses in favor <br />of and in' form. acceptable tc the mortcagc~_ #n e~.~ent aF loss, mortgagorwill give inttttediate notice in writing <br />to mortgagee, and mirrtgagcc Heel}' make ^rnof u+ ern; if :tot made pramgtly by mortgagor, .and each insurance <br />company cottscrned-ts herrhy au:horizcd sand direLicd in make payment for such loss directly to mortgagee <br />it>_ctead of to rnartgagar and m:~rt¢arcc ~o;rely. :rd the insedtanef`proCC.edfi, ar'any part,thereaf, may 6eapplied <br />by tnortgagne at itsaptian either :o the du~t:etn of the indebttdness hereby. securedor t©the restarationnr. <br />repair of the grnpen>• damaged or destroyed. ; r: ever.[ t,f ?oreelosttre~ of this mtutgage,. ar other. transfer c~f~zrtle <br />ea saSd propert}~ in cxtirguishment of tee vodeboednes5 secured hereby, all rigla. utlc,' and interest of the <br />mortgagor in and ro arty ins,;rarec nelici~_ then in iarctshalt pass'to the. purchai~r ar mnngagee or, at the <br />opt=ott of the mortgagee, ,mss ~ ~;urrendrred for r teFund,. <br />g. To keep ail but?dings anti other improsements ar; card ;,roperty in good repaii and ~onditian; to <br />permit, cotnmit, or srtfer ne w~vtP, impairment, :Yeterioratien of said gropertiy or antipart :hereof; in the teen[ <br />of fai}urt of the mortga~2ar to keep rite buildings on said prcttlseS and t$ase erected ozi said premises, or <br />improvements thereon, in gaoei rc^air. the mortpagtt rna. make such repairs as in' its disrrct±on i[ may deem <br />necessary for the proper prr=enatron thcrco#' and the full amountnf each"anti every such payment shall be <br />:tnmediatdy due and mya!+1e; and steal! lx .ei-ured by the loco ere this mortgagor <br />h. To nvi cpluniariiy arn[c nr permit to hr c:rcatcd agsmst t#atpragCrty.5ub,~e~'.tto ihis;nirrtgage arrv lien <br />c+r fient inlereca to the lien of this rnor:,R.v~c w,thpui w~ntrcn cisrtzent of rhemottgagce; and father, that. mu~t- <br />tutgor will kttp sac: mainwin rite crane tree t[o+n the Claim a: all Ccr•sans stapgiying labor r?r niaieriri.s for ct~n- <br />struct±on oC any and ail bu[Idengs or impr,rvert~nry ttgw yring crr;;tad ;tr to be erected onSaid arcrni..e,. <br />s_ To not rent or ass+ga an?~ put of tnr rent ui ad mc~rtgn~Gd property ~trdensolish, err remove. or <br />suMtatiually alter any hui4dmg xitrvtwt the +~nt[en ecrr;.,en[ of the tnt3rtKegee, <br />j. AR 3w-serfs ~1 darnagc^s in .~tmntt'tton :rath any ceni3cmnatron for puhlic use u1 car injury [o any of the <br />property subtca so tn> mortgage are #terebp tisignccl anti ,hail be paid to naartgagec, u bo mr}~ app;y [he seine to <br />payment of the in.rallmcna last due andcr toed suer, end nscrttgaytce s herrhy autharicti, !n the namt ot~ [he <br />nwng;tgor, to exa~utc and dFhaer va3id atquittancea c'utctst anti ra appeal €; e;m ttny such award. <br />k. The mortgagor shaft have the right to inspctit t'te mort~}5c~1 premises at ant rcntsonablc time, <br />!. Tc :orttply with tin provisions of any lcax if thtx !s4origagc is nn a Iraschold. If this Mortgage is un a <br />unit in a ~~ndominium ar a piurn~: unit dcvriopmcnt, Horrrwer ihalf perform all of Borro:ver'a obligations <br />antler the declaration ar covenants .:reat.ng er governing the condominium ur planned unit developmer.[.[hc <br />by-IaWS and rcguLuoas of the rendominium ar planned unit development, and constituent drxumrnts_ <br />~. Default cn any of the covenants or canditioru of this instrumcaf or oC the note ttir roan agcemaat secured hcrchv <br />dull termite ¢hr monpagar's right ro [wssessu>n, use, and cnja}Tncnt of the pr~xry, at the ap[ion of [»e <br />mortgagee ar assigas ('it bcurg agreed that the mortgagor shall here su:;h right until defaadtj. Upon any Seth <br />defauh, the mortgagee shall brv`ome the o.vner of all of the rents anti profit; accuring after default as security tar <br />the intlebtcdrews sct-ured nttcby, with the n~ht to enter open sad property for the purpose of Collecting sna? <br />rents and puaftts. This :nnrument shall operate as sn 3tsignmen[ of any rentals ore said property tc; that extent. <br />3. !f the mar~agor defauiis. and fail< to crake any' papments Mean due or to cunJarta to and eomp!}~ with am; of <br />the mnditzL~ns nr agfeernents eontainiRf m this ma:'gage or the nags which it actures, :he^ tnc rn[ire pr;n::.pal <br />sum and aaored intcrect shaft a[ ante be.onx due and papahie. and drew __ *__ per Bent i f1~. 5?re) in:ereat <br />thcrrafter urttii psid at tha etec.inn of the mortgagee; and thi; mor[gagi may thereat>nn be R,rec:asexi immcd[atcly <br />far rite vrhole of the iodcbtcdness perch}' sectired, irtduding the cost of extending thr~ absvact : ! title !~n~nt the <br />dtirc of floc rtrorigag,~ to the [lent of commencting such suit. '~avrctre±. an? ace-quar~es <br />i. to ti!e event of a t`nreclosurc ar deIaul2 as provided herein, the mortgagee shall at c+aic he entitled to the e~as- <br />.4CSSii2n: ct;e', ant rn3ayntent tat fete rr-al estate aforesaid and to the rya[, issars ~~ayaLic.. and prctt s i;er:.>f, <br />#tan:t?rc ac~irutrg of such righ[,a asd during rho }~et;denct ;~f ro~tct<.*_tu pr:v_e~]:ngs end ,ugh pu~;.,.,ionti.:. . <br />sl5ai' a, :,n.c t+s'slclivered [o the n=ortga~ec a,><,m rrziu~,t, u~;x ailure_ nth ileiiccry of ,, •[ ten-sss,an ;cta~ F~~; <br />cuftACCtI t*p 2tost#S:fgee, try' any apprapriale iagdti t;nxeesiin~s, ~rr(udin•s a r;tir_i cr. r S[e ; cprr!y <br />S_ Tse ;teat's![ c,I any idlf ~>f .aid property , acct~rdancs ~stb =+ e pre: 5.,~ , sear tT-':-. ~.'~~~t 1 c=~ :.p;. ~..~, to <br />T?m}~ the c«tz a~.d tapenv:,i ~i<1 ea3.e, `tht r-.iN~n~L: s,tc>r:,cJ _ .ive ,...; t~,a MCC _ -_ K pa-tsC .=i 4r ~ ~-. ~• @~ <br />~a <br />1:.3.Ara;f1' Ck~'v'¢f is i'l Ut11-rE".' sect il'tS. tJ ^ ~ t#1C i%Siieb2Ci]r,>~.r _: C:..+.~C , _- _ ,.- : rtl:S, ~:5."fs'inr ,;u. ;. <br />.z 5p ,!~~ 'te rt.+7 , ; y ti.oe:, ie~~S`F rate kd chetei [9_ ~ .. <br />