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<br />d: For better security of the indebtedness hereby secured, upon the rcyuest of the mortgagee, i[s successors
<br />or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made [o the property hereinabove described and all progeny acquired by it after
<br />the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fait to cure any default
<br />in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but 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 ume 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. AU insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clauses in favor
<br />of and in form acceptable to the mortgagee. In event of loss, 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 payment for such loss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied
<br />by mortgagee at its option either to the reduction of the indebtedness herebv 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 extinguishment of the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagee in and to any insurance policies then in force shalt pass to the purchaser or mortgagee or, a[ the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. To keep all buildings and other improvements on said property in good repair and condition; to
<br />permit, commit, or suffer no waste, impairment, deterioration of said properri or any pan thereof; in the event
<br />of failure of [he mortgagor to keep she 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 />necessary for the proper presen~ation 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 mortgage.
<br />h. To not voluntarily orate or permit to be created against thr property subject to this mortgage any lien
<br />or lietu inferior to the lien of this tpongage without written consent oC the mortgagee; and father, that mort-
<br />gagor will keep and maintain the same free from the claim of all persons supplying tabor or materials for con-
<br />struction of any anJ all buildings ar improvements now being erected or to be erccteJ on said premises.
<br />i. Ta not rent or assign any part of the rem of said mortgaged property or demolish, or remove, or
<br />substantially alter any building without the written consent of tht mortgagee.
<br />j. AU awards of damages in connctirtion with any condemnation for public use of or injury ro any oC the
<br />property subject to this mortgage are hereby assigrted and shall be paid to mortgagee, who may apply the same to
<br />payment of the installments last due under sail note, and mortgagee is hereby authored, in the name of the
<br />mortgagor, to execute and deliver valid acquittaturs thereof alai to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect the mortgaged premises at anY reasonable time.
<br />1. To comply with the provisions of any bast if this ;mortgage is on a leasehold, [f this Mortgage is on a
<br />u[tit in a rnndaminium yr a planned unit developmtnt, Botrowtr shall perform all of Borrower's obligations
<br />under the dalaration ar covcnartts crtating or govrrniag the condotnittium ar planned unit development,the
<br />by-taws and regulations of the condominium or ptantttd unit development, and constituent documen[s.
<br />2. Default in any of the covensats or candiUOtu of this instrument or ai the Wort or loan agoement secured hereby
<br />shall terminate the mortgagor's right to possession, use, attd ettjoyrttent o! the property, at the option of the
<br />mortgagee or assigns (it being agreed that the mor[gagor shall have such right until default). Upon any such
<br />default, the mortgagee shall becottfe the owner of ail of the rents acrd profits actuting after default as security for
<br />the indebtedness sttvred hereby, with tht right IO enter upon said property for the purpose of collecting such
<br />rents and profits, This ittsuumeat shall operate a, an assignment of any rentals oa said properly to [hat extent.
<br />:. !f 'lx n:~,gagor dcf~ its, R»•d faits tt ^+mkr _nY payment: when due it to CMform to and cotttnly with any of
<br />the conditions or agtxements cantaitted in this trtortgage ar the notes which it secures, then the entire principal
<br />stem and acerved inttttr5t stall at once beY~me due and paYabk, and draw . ~ per cent (14-~`-tYs) interest
<br />thereafter until paid at the election of the ntortgagec; acrd this mortgage may thereupon be iorrc4osed immediately
<br />fee th+• why of tike in~!+tedt>^ss herelay srcutsd, itx1: ding the test of extending She abstravd cti title Pram the
<br />alto of Fhs3 mortgage to :hc time of z~mmtni-ing such soli. '~aur~ettrt and Jr=ej~,r~trro:
<br />4, to tlae event of a foreclosure or :lefattlt as provided herein, the mortgage shall at utu;e be eautleJ to the pas-
<br />srssion. tzar, alai enjoyment of the real estate aforesaid and to the rent, issue, royalties, and profits thereof,
<br />frotn the aiaTUing of ssa;h rights amt doting the pendency of foreclosure provvttlings and such possrvsiuns, etc.,
<br />shall u aloe be delivered to the mtxtgagst upon request, upon failure >ueh delivery of such possession mac be
<br />+ntFi~`ttxl by tnrntgaget, by any approt+riate legal proeredittga, imludin~ t< rroeiver t'ar the properly.
<br />1. 'flat proc'retls of any ale of aid property in accordance wtth the prccetiitttt paragraphs shall be applied first to
<br />paF the ctaua and rxprnara of laid sale, the txprrxea ittcurrod hY the mortgagee for the purptzsc of protecting or
<br />tnatintrtitU4pg said proper#Y, oaJ3y, to prey the iritlthtednesa sev-ur«i hereby: anJ thirdly, cu tray any surp{us ~~r
<br />extXxai to the txratm or pcranna 14galty erHittal thereto.
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