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<br />d. -For better s~-ut9ty of tine indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />or assigns; mortgagor shall et'ttte and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvem~etats, ar betterments made to the property hereinabove described and all property acquired by it after
<br />the. tiara. hereof (art in form saris€actory to mart$ageep, Futhermare, should anartgagar fail to cure any d•~faull
<br />nxhe payttrei~t of a prier or inferior encumbrance on the property described by this instrument, mortgagor ltcre-
<br />by alg,ra:es° to perntit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances.
<br />shall become part of ttte indebtedness secured by thts instrument, subject to the same ternts and +:onditions.
<br />e. The tights created by this conveyance shall remain in full force and effect dursng any gostponement or
<br />exteassiran° of the-.time of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />partthet~of secured hereby.
<br />i. To-continuously maintain hazard insurance, of such type or types and in such amounts as the mortgaged
<br />may: Pram. time to time require on the improvements crow or heeeafter on said property, and will. pay promptly
<br />whctt clue any premiutns therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and rene+vats thereof shall be herd by moregagee and have attached thereto foss payable-clauses in favor
<br />of and' in form acceptable to the mortgagee. In event off loss, mortgagor will give mmediaee notice in writing:
<br />to mortgagee, and mortgagee may make proof of [oss if not made promptly by mortgagor, and each insurance
<br />comlaany concerned is hereby authorized and directed to make payment for such lass directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance pro~.:eds, or any part thereof, may be applied.
<br />by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or
<br />repair of the property damaged or destroyed. fn event of foreclosure of this mortgage, or other transfer of title
<br />to s;osid property an extinguishment of the indebtedness secured hereby, ail right, title, and interest of the
<br />mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee, msy be surrendered far 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 property or any part thereof; in the event
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or
<br />improvemems thereon, in good repair, the mortgagee may make such repairs as ir. 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 t:he lein of this mortgage.
<br />h. To not voluntars`!y create or permit to be created against the property subject to this mortgage any lien
<br />or liens inferior to the hen of this mortgage without written consent of the mortgagee; and futher, that mort-
<br />gagor wilt keep and maintain the same free from the claim of all persons supplying tabor os materials for con-
<br />sin~ction of any and all buildings or imprayements now being erected ar to be erected an said premises.
<br />i. To nca rent or assign. any part of the rent of said mortgaged property or demolish, or remove, ar
<br />substantially alter any tsuilding without the written consent of the mortgagee..
<br />j. Alt awards of damages in connection with any condemnation for public use of or injury to any of the
<br />property subject to thin martfage arc hereby assigned and shalt be paid to mortgagee, who may apply the santt to
<br />payment of the installments last due under sari note, and mortgagee is herclay authorized, in the name of the
<br />mortgagor. to execute and deliver valid acquitsancts thereof and to appeal from any such award.
<br />k. The mortgagee sltali have the right to irtspact the mortgaged premises. at any reasonable time.
<br />i. To comply with the provisions of any Tease if this Mortgage is on a leasehold. if this- Mortgage is on a
<br />unit:an a condominium or a plasatted unit development, 9arrower shall perform all of Borrower's obligations
<br />under the deelaratian ar covenants crt:atng or governing the. condominium or planned: unit. deuelopment,the
<br />by-laws and regnlatiorts of t3tdcottdominium or planned unit development, and constitttent documents,
<br />~: I?cfauItin any of the covenants. or conditions of this 'instrument or of the note or loan ageement secured beret:
<br />shall terminate ihd mortgagp~s tight: to possession, use, and enjoymtent of the property, st the option of the
<br />mortgagee or assigns (it being agreed that the mortgagor shall has°e such tight :unfit default}. Upon any such
<br />default,.. ttic mortgagce shall izetximie the owner of all of the rents and profits aceuring after defauh as security for
<br />the indeberlrtess secured hereby, with the right to enter upon said. property for the purpose of collecting such
<br />rents and profits. "This. iastrttmettt.shall operate as an assignment of any rentals on said property to that. extent.
<br />3. 'If the rnortgagar defaults, artd fails to make arty payments when due or to conform. to and comply with any of
<br />tlbc :~ndibons ar agreenients cxmtairted in this mortgage or the notes which it secures, then the entire. principal
<br />sum and acx:rued interest shall at Dace. kiecatrte due, and payable, and draw .,~ _ per cent ( t tt r.?~a? interest
<br />eh>rrcufter until paid at tfie election of themottgagrx; and this mortgage tray thereupon be farectosed immediately
<br />YOr the whale of th^ indebtedness lt~reby secured, including the cost of extending the abstract of title from the
<br />date of this tortgage to tier time tsf corttmeaeing lush suit. *Ei.ghteen
<br />~. tQ rive Ott of a farc~ciosure or detaettt as pt'ovided,heetin, the tnortgaget aftait at once be rmitletl to the poY-
<br />~esaion, use. and :nfcnsucmr txf the-real estate a€oresaid attd to ttte rent, issues, royalties, and. profits thereof,
<br />trams floc aicruing! of su.h rigtrts amt durng; the pendency of foreclosure proc.eedin;gs and such possessions, etc..
<br />shalt at nrn; ?~e ctctiwcrrd to the ttponrequesi, upon failure such deltver}• of such possession may be
<br />ent~rr,-cx+ t,y tnortgagtrc, i*y a<i} apprcrpriats legal procectlengs, including a i-t:xriver for the property.
<br />~: Ttte prem.°y cat rp .ale r,t <aici property in accordance wath the preceding paragraphs stiatl tie appiic^d t'ir!~t to
<br />ppy ;4r_ c~~c,ts arxsl G-.cnet~~rs :;i ~rs,u sale, the ratp~tact.~ inctarz~d b)~ its` rtt:art~a~ce 1'a6~ the rturpc'+sc <ef prc:tc+_ttn;; y5t
<br />n=aiuiats 5assi ;stcat~rty, :cc~tcaly, ;n pa9 flee iadebtcdrts secured lieretxg; and thirdly, tt~ pay attc +ur;stus :yr
<br />s„;,-. -ca •i ': itr ~. Wit, t}s' g?~r~il}3.~ e~Z311 r' ,•rt[ti~,t ic~'t'C~tn.
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