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<br />~s'--;~t)~495
<br />d. [=or better security of the indebtedness hereby •_cured, upon the request of the mortgagee, its successors
<br />ar assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and al) property acquired by it after
<br />the date hereof (a!1 in them satisfactory to mortgagee). Euthrrmore, should mortgagor fail [o cure any default
<br />in the payment oC a prior or inferior encumbrance an the property described by this instrument, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, bu[ mortgagee is not obligated to do so; and such advances
<br />shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement or
<br />extension of the time of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />part thereof secured hereby.
<br />F. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee
<br />may from time to time require on the improvements now or hereafter on said property, and will pay promptly
<br />when due any premiums therefor. A8 insurance shall be carried in companies acceptable to mortgagee and the
<br />potides and ren.°wals thereof .hall be held by mortgagee and have attached thereto loss payable clauses in favor
<br />of and in farm acceptable to the morteagee. (n event of lass, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make paymen[ for such loss diretxly to mortgagee
<br />instead of to mortgagor and mortgagee ioimly, and the insurance prtxeeds, or any pan thereof, may be applied
<br />by mortgagee at its option either ro the reduction of the indebtedness hereby secured or to the restoration or
<br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title
<br />to said property in rxnnguishment aC the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagor in and to any insurance policies then in ftx~c shall pass ca the purchaser or mortgagee or, ai the
<br />option of the mortgagee. may be surrendered for a refund.
<br />g. Ta keep sll buildings and other improvements on said property in good repair and soad[don; to
<br />permit, commit, or suffer no waste, impairment, deterioration of said property or any patt thereof; in the even[
<br />of failure of the morteagor to keep the buildings on said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />nrcessan for the proper preservation thereof; and the full amount of each and every such payment shall be
<br />immediately due and payablc; and shall be secured by the loin of thts mortgage.
<br />h. To nut soiuntanly create or permit to be created against the property subject to this mortgage any lien
<br />or licm intrnor to the lien of this mortgage wnhout written consent of the mortgagee; and fu[her, that mort-
<br />gagor wdt keep and maintain the sort?r free from the claim oC all persons supplying labor or materials for con-
<br />struction of anp and al! buildings or improvements now bring erected or [o be erected on said premises.
<br />t. 1'n not rem nr assign acv part of the rent of said mortgaged property or demolish, or remove, or
<br />subs[antialh- alter any building wtthaw the written consent of the mort¢ager.
<br />j. Ali awards of damages to cannrrtiot: wuh an candrmn:ition tar public use of ar injury to any of the
<br />property subject to this mungage are hereby as,ignrd and shad be paid w mortgagee, who may apply the same to
<br />payment of the installments lase due under .aid note, and mortgagee is hereby authorized, in tht name of the
<br />mortgagor, to execute and dehver rand acquittan:^es thereat and to appeal from any such award.
<br />k. "The mortgagor shalt base the right to imtrert the mortgaged premises at any reasonable time.
<br />t. To comply with the pra.nnms of any lease ti tht. Alortgage is izn a leasehold. If this Mortgage is on a
<br />unit in a condominium or a piantttd umt drsrlopmrut, Borrower shall perform all of Borrower's obligations
<br />under the dtclaranon or cartnants creanns or goserning the cundomcniwn or planned unit deveiopment,thc
<br />by-taw`s and rrgutatians of the condominium or planned umt develapmrm, and cons[iturnt documents.
<br />_. Default in any oC the covenants or conditions of this mstrument or of the note or loan ageemrn[ securtd hereby
<br />shall tnminatr the mortgagor's right ro possession, use, and enyuy[nent of the property, at the option of the
<br />mortgagor or asaigns tit bring agreed that the motgagor shall have such right until drfautt). Upon any such
<br />defauh, the mortgagee shah became the i?wrttr of all of tht rents and prafets acruring after default as security far
<br />the indebtedness sc~urrd hereby, with the ngh[ to enter upon said property for the purpose of rnlloctittg such
<br />rcros and proFits. This instrument shalt oprtatt as an assignrnrnt of any rentala on said property to that extent.
<br />3. 1f the mort~gor defaulu, and fait za ntakr any payments whrn due .u to conform to and comply with any of
<br />the conditions tx agrrrtnrn[s contained in obis mortgage yr the notes `y'l5~~[e~tr`~4tt~< ~~ r~tirr principal
<br />sum and accrued inkerrst s!taII at once tri:otitz due and payablc, and cPraw ._.,Y_ per con ( al interest
<br />thereaf[n until paid at the electicsn of the mortgagor: and this mortgage may thcrrupon be Carrclostd immediately
<br />fa the whale oi' tho indebtedness hereby secured. ittctudiox the cost at extending the atastrac[ of title from the
<br />dale oC this msxtRxgo to the time o€ ~ ~n>,+ncncing such Butt. -
<br />~. In t#ut watt of a fxxeclasti[o or default as provided herein, the mortgagee shall at once be rntitlc~t !~r pos-
<br />srssutn, use, and en}aymrnt ,tf the text estate aitxrsxid attd to the tent, tssuc , royalties, and pntins tttrtrof.
<br />felon the accreting oY sorb rights and during the prndenc+ or tt?tc.i.~surr prtx•mlings :u?d such M?s,exsions, etc.,
<br />shall at anxr !+r delivered to the mcxtgager upon rryurxt, ulwn fatlurr sur:h dciiverv of Guth is„s+rs.tott tear tx
<br />enlcxred by nxut~, by any apptx~sraatr trttal prtn'eetittag,, rt'ttavdtnM a trcetser ka?r the pnipcrN-
<br />S The p~t's.`crd. eat ant ;.ale crf card ptaprrty tr, ass.=x;lath`t with the t*t<~.rdtng patau.rat~t:s .ha3; 3x• a+phrd E:t.t tt+
<br />pas +tx:ants grid es.pensts of xa?d watt. the r:prust* ni<urrrci try tttr monRagrr i<,r the tsrtrp~eu: ct rttotritmg ~+r
<br />tsuaunia?nirtit want propert9~, scs'sx[d)y, to pag t3ae ini~btei:rir3t ,rrut~ hurrhr. stta ttrtrdt7, a• t.MV aav surplus ur
<br />ss::e•a ttr the l+crv,.r r,r prrstN?e tegsrtlc crtutlat :hereto
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