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<br />d. Far Uettee security d€ the irdebtedness hereby secured, upon the request of the mortgagee; its successors
<br />or sssigns, mortgagor shall egecutc and deliver a supplemental rnottgage or mortgages covering any additions,
<br />- improvements, or bettermgnts-made 20 thr ptcapertY hereinabove described and all property acquired by it after
<br />the date hereof (all in farm. satisfactory to mortgagee). Futhermore, should. mortgagor fait to cure any default
<br />in Lhe payment of a prior oeinferiorencumbrantx omLhe property describedby thin instrument, mortgagor here-
<br />by agrees: to permit mortgagee to cure such default,-but mortgagee is not obligated to do so; attd such advances
<br />shall become part cif the indebtedness secured by this nstrumem, subject tothe same terms and ,conditions:
<br />e: 27tt rights: created bg this convtyanxx shall remain in full force and effect during any postponement ar
<br />extettv~n of the time of the: payment-of Ehe indebtedness evidenced by said-promissory cote ar notes', or any
<br />. `part t6eieof scc+.ired hereby.
<br />f. To contirtuousty maintain haz__ insurance, of such Type or types and-in such amounts as [he mortgagee
<br />may from tune to time require on the improvetitenu how or ~~ °after on-said property, and will. pay promptly
<br />when due any premiums. therefor: AIY insurance shall be carried in companies acceptable to mortgagee: and the
<br />polr7es aiYd rrnewais thereof shall be held by mortgagee and have attached thereto losspayable clauses in favor
<br />of and in form acceptable to the: mortgagee:- In event of .loss; mortgagor will give immediate notice in writing
<br />w mortgagee, and mortgagee may make proof of loss if not made promptly'by mortgagor, and:each insuianc:
<br />company cancertted is Hereby outlet,rued and directed io make payment far sucti loss directly: to mortgagee
<br />insread of to mortgagor and mortgagee jointly, and the insurance proceeds; or any pan thereof, may be applied
<br />h~ mortgagee at its. option either to the reduction of the indebtedness hereby secured or to the restoration or
<br />repair of the property damaged ar destroyed. ]n event of foreclosure of this :mortgage, or other ttansfcr of title
<br />to said praprny',in exringuishment of the indebtedness secured hereby, all right, Tide, ahd interest of the
<br />mortgagor in and to any insurance pahcies then to force sha11 pass to the purchaser:or mortgagee or,.at the
<br />option pf the;mongager, may be surrendered for a r.fetnd_
<br />g. To keep alt buildings and :other improvements on said propem .in good: repair and condition; co
<br />permit, commit, err suffer no waste, impairment, deterioration of said properly or ahy part thereof; in the event
<br />of failure of the'. mortgagor to keep the buildings on :said premises and :those erected on .said premises, or
<br />improvetnent> thereon, in good repair, the mart>tagcx ntay rnake Stich repairs as in'its discretion it may deem
<br />necessary for the proper preservation thereof, and the FuH amount of each and every such payment shall he
<br />immediately dnr and payable; atsd shall tx secured by the leir, of this tnortgage.
<br />h. To not votuntarily create or permn tci be created against the property subjec[:to this mortgage any lien
<br />or liens,inferiar to the lien of this mortgage without written consent of the'martgaget; and iuther, that'mort-
<br />gagor will keep and maintain the same free from the claim of all; persons supplying labor or materials for: con-
<br />struer'on of any acid all buildings err improvtmcnts now being ererxed err to be erected on said premises.
<br />i. Ter not rent or assign any part of thee.. rent of said mortgaged Property err demolish, err remove, or
<br />substantialh' alter arty building withaut'.the xiittert convent of al+e mortgagee,
<br />j. A11 awards of ciarttages ut canaection with any condemnation far public use of or injury to any; of the
<br />property subject to th;s merigage art hereby assigned and shall be paid to mortgagee, who may apply the same to
<br />payment of the instal.mcnc lasiduc under :;;rut note,and mortgagee ~ berttty.authorized,:jn-xhe•namrof the.
<br />mongagot, w e,[ecute and ;lclirer valid-acautuances therctit and to appeal.trum any such awazd_
<br />k. The mortgagee shall have the right to tnspcci the mongaged premises at any reasonable time.
<br />1. To .omply with the provisions or any lease if Lhis lviongage is on a.leasehold. if this Mortgage is on a
<br />unit in a condomimum or a F>lartrtcd unit drvetoprttent, Barmwer shall perform all of Borrower's obligations
<br />under the dectaraiion or rovenanu creating or govuning the condominium or planned anit development,the
<br />by-laws and regulations of the condominium oc planned unit d~elopmem, and'const[uent documents.
<br />~. Detault Sn am of the covettanu or conditions o! chi.<, instrument or of the nattor loan ageement secured hereby.
<br />shall terminate the morgagor's right to passesston, use, and en7oymertt of the prr~perty. at [he option of the
<br />mortgagee or assigns {it Ding agiced chat tha,tnortgagor shall }cave such right until default). ;Upon any such
<br />default, the mortgagee shall becomftheawner ofall of the rents and profits accuring after defaulters security for
<br />r:ac ittdebtrdness secured ;terchr, with the right io enter upon said property. far the purpose of Calfecting such
<br />rr_nts and prof:t_s. This ins[ruittent shall operate as an assignment of any rentals an said. property to That extent..
<br />±. ii :trc mortgagor defaults, and fails to make arty paytnent< ahrn disc or to conform to and camp!} with any of
<br />the conditions or :agreements :ontaineci in obis mortgage err rht dotes which it secxires, then the entire principal
<br />runt and accrued in±e~rest shat; at oru.-e tkrome due and payable, and dzaw_,__* per cent 4.a.~.Q_'ra4 interest.
<br />ther...t' ficr umi3 ;raid at the election of the mortgagee; and :his mortgage may thereupon.be forecicxsed rmtrtediately.
<br />for xhe whole of the indebtedness ttc:ehc scx-ured, including the cost of extending the'absxraM of title krone the
<br />data of teals mortgage to the rims of commcnei:tg suet; ;ult. *Ffteen
<br />d. in ihr eve-nt of a farccEc~ccsre err default as provided herein, aht martgage+e ta-aii at-once be entltl~ed to zhz pas-
<br />ses.zon, use and eniwmtnt of xhr teat: estate afaresaidand totherent, issues, royalties. and profits ihereo;.
<br />from the u:c-r,a nt of such righxs and c+urutg the pendency of foreciosu:c p:occcxlings and 'such passesstan+, etc..
<br />Khali ai atY1c :u driirereci to tat mortgagee u~in request, upon failur .uch dot sec, r7t .°u.h pc>sstssiun riiAy pc
<br />rs,Poacew t.7y tnor:.gagee, b5r ~a,Z}' appropriate !ny,.al pttA.at.^cliz~gs. includtn~ a :cceia!.mr S'or t§c pro{scrty,
<br />S_ T?-x pro«-r,s :.i an. sale o, easc7 p:ntxr, .:ccc;rdanue with the prccedtn~ par3grai~ltis -half br anp:ied Firs[ tie
<br />,:sr r w~,t s sr :spentic. oC s ru u:c, tt•c ec'r°n: - n~urrta t s ~e .;, ,rt,~aytr. o+' !tie lnrrpt,~;.c n#' prr,aeitrng or
<br />rna~ .anirg -ai,r nroncr t;, +':ca3ttd. ., t.,~ r-ay , ._ ir:~.Fracdaes5 a....cd a°rsbv; tsnc~ thirdly; ~ par Katy curpiux sir.
<br />rti. ,tat '<. >-.rs .. ;:sans €sgalis r,v.ur-ai fire*er~:._
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