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<br />3. T'he taareg:sgor eorenaatr sad agrees as follows:
<br />s;. lie will promptly pay the iadebtedaew evidenced by acid pramiawry note at the tames and is aig
<br />~+•~~-* therein prarided
<br />h. He tril} pay alt teen, arwrments. waste rates, and other governmental or municipal charger, finer, or
<br />impoaitioas, for which pranisiats hes sot beta made het+einbefore, anal wall promptly deliver the offscial troeeapta
<br />there for to the raid mortgagee.
<br />c. He will pay such expeases and €ees as may be incurred in the protection and maintenance of acid
<br />property, including the fees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee"e sale, or court proceedings, ar in any other
<br />litigation or proceeding affecting said premises. Attorneys' fees reasonably incurred in any other wey shall be
<br />paid by the mortgagor.
<br />d. Far better security of the indebtedness hereby secured, upon the request of the mortgagee, its etlc-
<br />ceeaors or assigns, he shall execute and delayer a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereinabove described : nd all property acquired by
<br />it after the date hereof gall m form satisfactory to mortgagee). Furthermore, should mortgagor *'asI 3a cure
<br />any default in the payment of a prior or inferior encumbrance an the property descral7ed by this ie~ttu3nent,
<br />mortgagor hereby aRmes to permit mortgagee w cure such default, but mortgagee is not obligated to ~:., so;
<br />and such adv:7nces sha11 k7ecame part of the itdebtedness secured by this inatnement, subject to the same
<br />teens and canditione.
<br />r•. 1'he ri lets croated by than cnnveysnce shall remain an folk far<•r and effect during any postponement
<br />or extrusion of tl)e iimr of payment of the indebtedness rvadeneed by said promassary sate or any par. thereof
<br />srrurrd hereby.
<br />(. lle wall cantina{ously masretain hazard insurance, of such type or types and an ouch amounts as the
<br />mortgagee may from time t0 tlmP,. require on the improvements now or hereafter arl seed property, and
<br />wall pay promptly when due anp premiums therefor. All insurance shall be carried in eoerpattia acot:ptable
<br />to mortgagee and the policies and renewals thereof shall be held by mortgagee and leers attached there4t
<br />tons payable etaasd in favor of and is form aaxptabte to the mortgagee. in event of lost. mortgagor wilt girt
<br />immediate notitx in writing to r{7ortgagce, and mortgageo may make proof of lore if not mado praatptly b'7
<br />maregagt7r. end Deck iaanreacx eampaay tx)atxrtxtl is hereby authoriaerl sad directed to make paytarmt for ~~
<br />bws directly to mortgaxee iaAead of to mortgagor and mortgagee ,jointly, sad the iomtranee ptweeeda, ar any
<br />paK thereof, may be applied by mortgagee at its option either to the reduction of the indebtedtaas hereby
<br />seaun.$ or to the reetoratioa or repair of the property damaged or destroyed. In erect at [oreclosnre of this
<br />mortgage, or other transfer of title tQ said propertg in eatitrtguishmcat of She ittdelttada4sa aerated hsaeby, ~
<br />right. title, and utterest of the mortgagor an and to any insurasnce palm tl7,m its iorra! r~t+alt gam t+a elm
<br />purchrerr ar mortgagee or, at rho option of ibe mortgagee, may he surrendered far s refurut.
<br />r. lee wail iterp all bttiidin~ and otter is-.7pravrtTncr~ta on seed profK~ an grid repair sad ~.ditiorl
<br />lYiii ~rmat_ r:_uusait, ar sutler no waste, isanairment. deterioration of said pr+tpert± or arty ~7art them;
<br />in the event of failure of the mortgagor to keep the buildings an raid premises and those croated oa said
<br />prnrnaes, or i7provements theroon, in goad repair, the nrortgatt~ may make each rapairwr as in its di~rr it
<br />may drrm fir;-~,asy far the proper pre~nataon ttvereaf; and the foil amount of each and a vary auott payment
<br />shsfl be itt7medaately due and payable and shell 6e secured by the lien of this martga{te.
<br />h. fee wall not voluntarily create ar permit to be orated against the propertp subject to this mortgage
<br />any lien or teens inferior or awperaor to t17e lien of ekes mortgage watklout the written cor7sent of the morn
<br />gager; and furtlYnr, hr will keep and mauuaan the came tree from the rfiaam of akl perswu supplying labor a7r
<br />mateeiala for roru{t n{ctian of any and all buildings or improrrmenta now being erected o: i:7 k7c erected 7?a
<br />seed premi+re~.
<br />i, 7fie wilt not rent or awign env part of the trot of said mortgaged property or den7aliai7, ar ramare,
<br />OP aUbstanlially altCr any hualding without the wr{tte{7 Conarnl <Yf the mortgrgee.
<br />j, All awards of damagra in rot7a~ctian with any eondemltati77~a fur goblet use of or injury to any a7f the
<br />property subject tt7 this martfCage err, hrtwby assigned rnei shalt be peed to martgagtie, who easy apply t~
<br />same to payn{ent of the inatillmattu last dtas ender said m74e, and maregayt~ as hereby antlt+)riaad, is the
<br />name, of the mattiragor, to eXerute acid deltvr.r valid acyuittanees thereof and to appeal from any sack award.
<br />ir. "t'tto r~tartgageo sheet t7ave the ragitt to ir7spert the mortgaged premisetr at am reasottabie tom.
<br />$. il4afanit an any of 4170 covenants or coadati7ins of thh instr7rrnent nr at the ewer ar loan agre+ranettt sEFUrRd
<br />hettnby shall teraainate the mortgagor's right to pawcrriwn, lute, end enjoyment of the property, st the option of the
<br />r6uctgtEj~re or bas sasagids (it beanE agreed that the marittagor shall have such raxht until default i. iJpon any sorb
<br />dq€attit, the mortgagee shall become the owrnr of all of the rents and profits acen{ing after default as security
<br />feat thti indebtednen srrttrod hemtry, with the right to enter upon said property for the purpEwe ai eallectinet each
<br />rat~'and ptl~es: 9'hh iti®trtrmeat shall operate s+{ art araigoment of arty rrtttsls an acid prnpea'ty to that r:tent.
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