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<br />82-°Ot}37~9
<br />d: For be*.rer security of the indebtedness hereby secured; upon the request of the mortgagee, its successors
<br />or a s;gris, :nnrtgacor shall execute and deliver a supplemental mortgage or Mortgages covering any additions.
<br />imnrovemzni~, cr bettermenu made to the property heteinabove ~tescribed ahd all'prgperty acquired by;it after
<br />the date hereof (all in form satisfactory to mortgagee). FUthermore,should mortgagor:"fail to Dare anydefaiih
<br />r in the payment u a prior or inferior encumbrance on the property described by this instrument, mortgagot bere-
<br />t by acrees to permit mortgagee ro cure each default, but mortgagee isnot obligated to do so; and"such advances
<br />shall b:come part of the indebtedness'seeutzd @y his instrument,subjeet to the same terms and: conditions.
<br />e. "The right, created 6y'this conveyance-sfiail7emain in ful}`force and effect durntg any postponement or
<br />extension of ?hc ;ime of the payment of the indebtedness. evidenced. by said :promissory note or notes, or any
<br />patrt thereof snared hereby:
<br />f: To conrinuousiy maintain haardinsurance, of such type or types and in such amounts as the mortgagee
<br />may from time to time require on the imprnveMents now or hereafter on said property; and will pay promptly
<br />' when due'any premiums therefor: Ali iusurattce shall be carried in companies acceptable to mortgagee and the.
<br />.policies and renewals thereof snali he held by mortgagee and have attached thereto loss' payable clauses in favor
<br />of and in form acceptable to the mortgagee. [n evem of loss, Mortgagor wilGrgive immediate notice in writing
<br />to mortgagee,. and mortgagee=may make proof of loss if not made promptly by mortgagor, grid each insurance
<br />ctrmpany;concerned is hereby authorized and directed to make payment for such:. Ions directly to mortgagee
<br />instead of to mortgagor and mortgagee!jointlp, and the insurance proceeds, or any part thereof, may he applied
<br />by mortgagee at its aption either to the reduction of the indebtedness hereby secured or to the restoration or
<br />repair of the property dant~ged or destroyed. In event o[ foreclosure 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 />mottgagor in and to any. insurance' policies then. in -force shall pass to the purchaser `or mortgagee or, at the
<br />option o£ the mortgagee, may be surrendered for a refund:
<br />g. To keep :all buildings and-other improvements: on said property 'in goad .:repair and condition; to
<br />permit,commit, or offer na waste,'impairment, deterioration of Bald property or any part thereof; in the event
<br />of failure of the mortgagor to keep he buildings on said premises and' those erected on said premises, or
<br />improvements thereon, in good repaq the mortgagee tnay make such repairs as in its discretion it may ;deem
<br />necessary for the proper preservation thereof;-and the full amount of each and every such 'payment shall be
<br />immediately due and payable; and shall: be secured by the Lein of this moRgage:
<br />h. Ta net ~°oluntarily create or permit to be created against the property subject to this mortgage any lien
<br />or liens' inferior to the Nett of this mortgage without written consent of the mottgagee; and father, thatt..art-
<br />gagor writ keep and mamain the same frce from the claim of all persons supplying labor ar materials for con-
<br />e structian of any. and all buildings or improvements now being erected or to be erected on said premises.
<br />i. To not rent or assign any part of the 'rent of said mortgaged property of demolish,' or remove> or
<br />substantially alter any budding without the written eansent of the mongagte,
<br />j. All awards of damages in cantttction with any condemnation fuss public use:of o: injury to any of the
<br />property sub,Icet tothismortgage are: hereby asigrtrdandshall bepaid to mortgagee, who may apply thesame to
<br />payment of the ittstailmcrtts last due alleles said note, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to execute end deitvrr valid srxluittanees thereof and to appeal from any such award.;
<br />i:. The mortgagee shall have the right to inspect the niarigagPd premises at any reasonable time.
<br />I. To comply with the provisions of any tease if this Mortgage is on a leasehold. If this hfortgage is on a
<br />unit in a'candominium or a .planned. unit dcyelopment, Borrawtt xhall perform all. of Borrower's obligations
<br />under the declaration or t:nvenattts creating or governing the tundominium or .planned unit Development,the
<br />by-laws and regulations of the rnttdominium or planned unit derelopmen[, and constituent da.-ument~,
<br />Z Default in any of the covenants or conditions of [his instrument or of the noteor loan abeement secured hereby
<br />shalt terminate the mortgagor's right. to possession, use, and enjoyment of the property, at [he option of the
<br />mortgagee or assigtts (it bring agreed. that LhC RWrtgagor shall have such right until default). Upon any such
<br />default, the mortgagee shall become the owttrr of atf of the renu and profits acwring after default as security for
<br />the indebtedness secured hereby, with the right t0 enter upon said ptopcrty-for the purpose of collecting such
<br />renu and profits. Thts instrument shall operate as an assigrmcnt of any rentals an said property to that extern,
<br />3. If the mortgagor defaults, and fails to make arty paymeaL, 'a~hen due or to conform to and comply -.~~ith any of
<br />the conditions or agrcements contained in ihismostgagr nr thenotes whi } sc ems, then the catirc psi ncSpal
<br />_. _ ~) interest
<br />scam and a~~n:cd loosest shall atones 6ecomeducand payable, and,dra~~`~~ per cent r_~b.Om
<br />thereafter until paid at the election of the mflttpztgee: and thu mortgage maythereupon be f~oreclosuu nnmediatd}'
<br />for tht whole of the indebtedness hereby secured, tncludinc the rose of extending 5':c abstract of title from the
<br />date of this mortgage to the time of commencing such snit.
<br />4. In i,re treat of a foreclosure or default as provided herein, the m<xtgagec s:haii at ogee be entitled to the pos-
<br />session, tt~., anJ enic,.ment of the real estate alorc_caid anj r :he ter ~ss~ae~ rayafxies. analprofits tbcrei~f.
<br />from flit aetr'3ing c>~ su.h right; and during the pcnuency of rorc,',osurc proc~ctitrg:, and such posse*sions, '.
<br />e};all anet he e'~ehv,-rctii to the niartgag:c open re:;ue,t, aryon 'rai:u,-e >uch dcl~ven• of Such ptissessipt3 msv he
<br />enforced by m~~rtgy3ec, by sn appropriate!egal proceedings, including a ru:e;cer t~rr the prat~rty,
<br />4. The proaceds ~ arty ca3c of safe property in zcc ~r~ancc ''-~~ith the rctieding p='rzFr~?hs shall tr. <~ppGeil fast. zo
<br />^«t the a,,cas acu ctp.,.~KCS nt sa.d uta =,`:c et:pcrcc ixseur;e.1 hy, the ..~ ,ss~.c,. '.:r Ah,' ,. .a of prof.ectittg`or:
<br />era+r+.a:zitting v,.Gd pr:-.tea}. ac~i~n.li}. tc -.a. :hc .id^b:cdnw ;c::4-t:i ~r_rei~}-: ,...r: thtrd.Ry- tb pay arty surplus ox'
<br />cxcti-';~ to the n cats: ~r ;.cssvt.. Icgalty~ err.ued the~etct-
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