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<br />d.-For better security of the indebtedness hereby secured; upon the request of the mortgagee, its successors-
<br />ot assigns, mortgagor shall. execute and deliver a supplemental mortgage or mortgages covering arty additions;
<br />mprovements, qr bettertnents made t» the propertg heteinabove described and all property acquired 6y it after'
<br />the date hereof (all to form. sacisfacrory co mortgagee). Futhermore, should mortgagor fail to cure any defauh
<br />r m. the pay~rtettt of a poor or inferior encum},rance on the property:. described by this instrument; mortgagor here-
<br />! by agrees to permit mortgagee to cure such default, butmorigagee-is notobligated-todoso; and such advances
<br />shall become pan of the indebtedness secured h} this instrument, subject to the same terms'and conditions.
<br />e. The rights created by this .;onveyance shall remain in ftilf force'and effect:during any postponement or
<br />extension of the time of the payment of the 'sndebtedness evidenced- by'said promissory note or notes, or any
<br />part thereof secured hereby.
<br />L To continuously maintain Hazard insurance, of such type_of-types and in such amounts as'the morteagee
<br />may from ume to ume, require cn fhe improvements now or hereafteron'said property„and will pay promptly
<br />when due any premiums therefor. All insuran2e shall. be carried in companies acceptable to mortgagee:. and the
<br />policies and renewals thereof shalt be held by mortgagee and have attached2hereto foss payable clauses in favor
<br />of and in form acceptableao the mortgagee. In event of loss, mortgagor will give immediate `notice in writine
<br />to mortgagee, and mortgagee may'make proof of loss if not_made promptly-by mortgagor; and each'insurancc
<br />company concerned is hereby authorized and directed o make paymem for such loss directly co mortgaeee
<br />instead `of to mortgagor and mortgagee jointly; and the insurance proceeds, or any`part thereof, may be applied
<br />by mortgagee at its optiom either to the7eduction of the indebtedness hereby secured or to the restoration or
<br />repai(of the .property damaged br'destroyed: In event of 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 />mortgagor in and to any insurance policies then im force shall pass to the purchaser or mongagee or, at the
<br />option of the: mortgagee, may Se surrendered for a refund.
<br />g. To keep;. all buildings and-other improvements on said property in good repair. and condition; ut
<br />permit, commit or suffer`no waste impairment, deterioration of aid property or any part thereoft in the even
<br />of failure of the mortgagor to-keep the :buildings on said.premises and those ereMed on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as inits discretion it may deem
<br />necessary for the proper preservation thereof; and ..the feel amount of each and every -vch,=paymenY'shat] be
<br />immediately due and payable; and shall be secured by'the Lein of 4his mortgage.
<br />h. To not voluntarily create or.permir to be created against the property subject [o this mortgage any lien
<br />or liens inferior to the liem of this mortgage without written consent of'Yhe mortgagee; and'futher, th;~t mort-
<br />gagor will keep and maintain fhe_same free from the claim of all persoms supplying labor or materials fnrwn-
<br />siruction of any and all buildings orimprovements now being erected oc to be erected on said premises.
<br />i. To nor rent or assign any paz[ of the rent of said mortgaged, property or demolish, or remove. or
<br />substantially altecany building without the written consent of the mortgagee.
<br />j.;All awards of damages in connection: with any condemnation for..: public use of orinjury to any of the
<br />property subject to this rnortgage aze hereby as igned and shall be paid o mortgagee, who may apply [he same ui
<br />payment of the installments last due under said note; and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to execute and deliver valid acquittances thereof and to appeal. from any such award.
<br />k..The mortgagee shall have the right to inspect the mortgaged premises at any reasonable tigne.
<br />1: To comply with the provisions of any lease if this Mortgage is on a leasehold. !f .this Mortgage is on a
<br />unit in a rnndominiutn or a planned unit depelooment, Borrower shall,perforrn alt of Borrower's obligations
<br />under the declaration or covenants creating or governing the condominium ~r planned unit devatopment,the
<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 or of the note or loan ageement secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the
<br />mortgagee or assigns (it bring agreed-that the mortgagor shall have such right until default). Upon any such
<br />default, the mottgagee shall become the owner of all of the rents and profits accudng after default as security for
<br />the indebtedness secured hereby,,.withthe right to enter upon said property for the purpose of collecting such
<br />rents and profits. -this instrumentshaU operate as an assignment of any rentals on said property to that extent.
<br />3. If the mortgagor defaults, and faits to make any payments when due or to conforar to and complywith any of
<br />the conditions or agreements contained in [h Ls mortgage or the notes which it secures, then the:entire,principat
<br />sum and accrued interest shall at once become due and payable, and draw _ ~ per eerie i_1.2_.0_%) interest
<br />thereafter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately
<br />for the whole of the indebtedness hereby secured, including the cost of extending [he abstraetoC titlefrom the
<br />date of this mortgage to the 5me of commencing such suit. *~aeive
<br />4. In the event of a foreclosure or defauh as provided herein, the mortgagee shall at once be entiited to the pos
<br />session, use, and enjoyment of the real estate aforesaid and to the rent, Issues, royalties, and profits thereof,
<br />from the accruing of such rights and daring the pendencti of forectirsure proceedings:.and suelc;possessicinS, sec..
<br />shall at once be delivered to the mortgagee upon request, upon failure nt~-h de[i~cry of such posatssiom may be.'
<br />enforced by° mortgagee, by any appropriate Legal proceedings, including a receiver for nc~ property.
<br />5. The proceeds of any sale of said propert>> ir, accordance .eith the pee:eding paragraphs shallhe applied firstto
<br />pay the cast_~ and e.~pensc_: of said sale, [n: eepences istcurred b}~ the :nnnga~,ee for the purpose of prOtectmg <ar.
<br />mr„tn!aining ,gid. property, secondly, tt- pay the indcotedr cv securc.i ~ ~r~~br, toed thirdly, to pay any sur;alus or
<br />exc.e;s t: the ~;rsc+n or persons lega!ty cnutied thereto.
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