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<br />82--v~i:i?y4''
<br />d. For better sceurity pf the indehtedncs~ hereby secured, ttpon the request of the mortgagee;. its siiecessors
<br />or assittns, mortgagor shall e~ecote and deliver a supplemental mortgage or mnrtgages covering any additipns,
<br />imprpvements, or betterments madrto the property hereinabrne described and all property acquired by it after
<br />the date hereof (akin form satisfactpry Yo mortgagee).: Fnthermore,'shouid mortgagor ifail to ~:ere any default
<br />to he pavtnent of a prior or inferior encumbrance'on the property described by shin instrument. mortgagor here- 1
<br />by a~recs to permit mortgagee to lure such default but mortgagee is not obligated to d~ o; and such advances
<br />shall hr,omepart of the indebtedness secured by this instrument, subject to ificsame terms and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement or
<br />extens,on of the time of tht payment of the indebtedness ecidenced'by said promissory note or notes, or anv
<br />part thereaf'secured hereby:
<br />f. Tp eoistinuousty lmaintain hazard indvrrance, of such type or types and in such amounts as the mortgagee
<br />may from dme to time requireon the irnprovemen[s now or -hereof ~n said property, and will pay promptly
<br />when doe any premiums therefor. AIf instrance shall be carried in companies acceptable to mortgagee and the
<br />policies and"renewatsthereof shall be 6dd by mortgagee and'have attached thereto loss payable clauses in favor
<br />of-and in form aceeptab[e to the. mortgagee. In event of {oss, mortgagor will give immediate notice in writing
<br />to mprtgagce; and mortgagee may make proof pf loss if nor. made promptly by mortgagee.. and each insurance
<br />company epncertted is hereby authorized-and directed to make payment for such less directly to mortgagee
<br />instead of to martgagor'and mortgagee )niftily, and she insurance proceeds, or any part thereof, may be applied
<br />by mortgaoee`at ivs option either. to the ;redvctian of the indebtedness' herehy secured or to the , ~,toration or
<br />rcpatr of the pr ,pert' damaged or destrayeti. in event pf fot•eclosurt of this mortgage, or other transfer of dale
<br />to sa,d ProPe• s :n extinguishment of the indebtedness. secured hereby, aIi right, iitlr_, and interest of [he
<br />mortgagor in and to any insuranct polities then in..force. shall pass to-the purchaser or mortgagee or, at the
<br />option of [he morrragcc, may besurrendered for a refund:
<br />g. Tn keep all huildint;s .and other. impravemen[s on said property in good repair and condition; to
<br />permit, commit, or utfar np waste, imi~airmcnt, deterioration pf stud propetty or any paR thereof; in the event
<br />of,f3ilure af'the mortgagor to kcep the buildings an said premises and those erected on ;aid premises, or
<br />improvements thereon, in gogd repair,. the mortgagee may make such repairs as to its discretion it may deem
<br />nccessanr for: the proper preser+ratian thereof; and :the full amount of c~ch and every-such. payment sha11 be
<br />immediately due and payable; and shat] be-secured by the ]girt of this mortgage.
<br />h Te pat vaiuntarity create or permit`ta ixe created against the property subject to this mortgage any lien
<br />or• tirm ,nferior to the_izen of this mortgage wnhout"written cnnsettt of she mortgagee; and father, that mort-
<br />gagor wilt keep and rnaintairt Ehrsame free tram the eiarm of all persons supplying lobar or materials for con-
<br />,tructtan of any and ail buildings pr improvemrnts now being erected ar to be erected on said premises.':
<br />i. To nat. tent nrassignany part ofthe rettt<,f s,ridmortgagcd;propertyar demplish, or remove,.or
<br />substantially alter any building without the ,vritten can.~cnt of tl[c mr. ~ ;~~,
<br />!- A(1 awards o4 damages in canmrtior. rtith anq c~,ndemnanur for. public use of br ialury to any of the-
<br />prirprrty subject to this murtr~age air hereby antiegnrd and shalt be t~a,d to rnpr~gggee, who-may applytne sameto
<br />pacmen[ of the mstalhnenn last due under •;aid note, and mnngagee is hereby'authprizt~ti, in the name of the:
<br />mortgagor, to execute and deliver-valid_auZuittana~ thercol and to ippeai from asy suchaward.
<br />1. 1'he mortgagee shalt have the nght io inspect the mortgaged premises at any reasonable time.
<br />i. To ~ompFv with .the provisions of any dense if-:this ~9ortgutt« is on a Ieaseitald, If this Mortgage is on a
<br />unit in <, rondamutium or a planned unit development, Borrower sttal! perform all of Borrower's obligations:
<br />under t'ta dcYlazauon ar covenants creating or gpveraing the condominium or ptartned unit deveioprnent,the
<br />by-laws a,td regttanons of the condominium or planned unit development, artd constituent documents:
<br />_. Default in ally of ttte covenants pr :anditioits of this ittstrurnenc or of the note or lawn agt~tnent secured hereby
<br />she{I terminate the mortgagor's right to possession, use and enjoyment Uf dhe property, at the option of the
<br />mottgagce pr assigns (it. being agreed that the mar[iZagor shaI1 have suelt ri t until default . U
<br />default, the extort ~ ) port any such.,
<br />gagee shall Inecorn'e the owner f elf :!f the rents and profits accunng; after default a5 secur.ty For
<br />ehe indcbtcdners secured hereby. with the right to enter upon said property f`or the parpose of collecting such
<br />rents and p,ofiis_ This. ins€ruxnent shaS3 operate u alt assignment-of any recitals on said property to that extent.
<br />If ehe -norg;tgrr d~fapits, and fans ro make a i s ;,t,ments •.i•hen~iue er ai, tnnform to and comply- wit}i anv cif
<br />the cundat~ens ar agreem~enu c~utained ie thLs -ncr,gage r -Fc,wtrs wf,lei, a ,ecur~, then the entice principal
<br />sum and ac; rued ,ntet~r shall aiance '+e~omc d~c a.,d naracie, and dray
<br />~~ gcr cent (27.25rj®j iraterest
<br />theresftrr until paid at the tltction.ctt tht naorteaaie; and .his t ;c*ia:re may thereupon be farcclosed irnrnediately
<br />1'nr ?hc xhutr o! the ,ndrEstedness he rebv e,:u ea ,nduding the east ~•i extending the apstract of title from the
<br />d:,ie vi h nartgagc [o the time of couutainc;ng „~;;h =uit_ *_~ - -n ~e_^;.
<br />rind. t5nt:/(?u.rtizr
<br />1.; the event ~t , fcaxlosu , pr default as etc v eij f:erur, t
<br />r rte r.,i t~.a~~r hat , ante bye erttiAcd tp.tlte f+as-
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