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<br />1. T'he mortgagor covmaab and agrees a. foltatrs:
<br />a. He will promptly pay she indebtednwa evitleaced by said psamuaory note at the timty and in the
<br />matttter therein provided
<br />b. He trill pay all ta:ea, asedomenes, water sates, and other govetammtal or municipal charges, fines, oc
<br />impositions, for which proviaian hoe not hero made hezeinbefore, and will prumpily deliver the offieiat reoeiptli
<br />therefor to the avid mortgagee.
<br />a He will pay ouch expenses and fees as may be incurred in the protection and maintenance of said
<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's sale, or court proceedings, or in any other
<br />titiga[ion or proceeding af[ectinF said premises. Attorneys' fees reasonably incurred in any other way shall be
<br />paid 6y the mortgagor. -
<br />d. Far better security of the indebtedness hereby secured, upon the request o[ the mortgagee, its sup
<br />cessors or assigns, he shall execute and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereinabove described) rnd a!1 property acquired by
<br />it after the date hereof (alt in form satisfactory to mortgagee). Furthermore, should mortgagor fail to cure
<br />say default in the payment of a prior or inferior encumbrance on the property described by this instrument,
<br />mortgagor herebv agrees to permit mortgagee to rare such defautb but mortgagee is not obligated to do so;
<br />~I and ouch advances ehal! become part of the indebtedness secured by this instrument, subject tj the same
<br />", termsrnd conditiotu.
<br />,•. The rights created by this conveyance shall remain in full force and effect during any postpoaemenP
<br />or extension of the, time of payment of the indebtedness evidenced by sand promissory note or an ~ pars thereof
<br />secured herebv.
<br />f. He will continuoush~ maintain hazard insurance, of such type ar types and in such amounts as the
<br />mortgagee may from time to time require un the improvements now or heeeafter on said property, and
<br />will pay pzompily when due any premiums therefor. All insurance shall be carried is companies acceptable
<br />to mortgage.: and the polieiea and reaewala thereof shall 6e 'teld by mortgagee and have attached thereto
<br />loss payable clauses is favor of and in form acetptable to the mortgagee. Ia event a[ loss, mortgagor will give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof o[ low if sot nude promptly by
<br />mortgagor, aad each itmutxnce company concerned is hereby autborimd aad dir+eeted to make papmeat fwr such
<br />loss directly sa mortgagee instead of to mortgagar and mortgage joiaEly, and the ittaurance graoeeda, or any
<br />part thereof, may be applied by mortgagce at its option eithtr to the reduction of the indebtednew hereby
<br />recured or to the rdtoratiou or repaiz of the property damaged ar ddtrored. Fn event of foreclaaure of this
<br />mortgage or other trataafer of title to said property in cxtitrguiahtttent of the indebtedtteee necvvted hereby, all
<br />tight, Eitle, and iaterrat of the mortgagar is aad t', any insurance poliaira than is force shall pass to the
<br />purchss€±r ar martgagaa ar, at !ha agtietrr of the mortgage, may be xurreudered for a refund.
<br />g. He will keep all buildings and other improvemeata on acid preperty in goad repair and eanditiaa
<br />will permit, commit, w Huger na waste, impairment, drtrnoratien of said property or any p»rt thereol:
<br />in the event of failure of the mortgagar to keep the buildings oa said premises an$ chow erected on said
<br />premiers, ar incpravemrnts thereon, in gaud repair, the mortgagee may make each repairs as is its $iscteti~ it
<br />may deem rrrcessary For She proper preeervatipn thereof, and the full amount of each turd every such payment
<br />shall be immediately due and payable and shall be secured by the lien of this mortgage.
<br />fe. He wil! not voluntarily ereatr. ar }rrrmi[ to be strafed against the prapertv subject to this nlartgaga
<br />any lien or liana inferior or superior to the lien of this mortgage without the written caneent of the mares
<br />gager; and further, hr will keep and maintain the same free from the claim ut all persona supplying labor ur
<br />matrriala far ca+.struction of at.y and -alt lruil$inKa or improvrmcnts now bring rrecir,l at to be rrecied on
<br />said prrmirctl.
<br />i. tee will nut rent ar assign any part of the rent of said nrartgagad praprrty ar demelislt, or ramovr,
<br />er aubstantialiy alter arty building without the weittrn conarut of the mortgagee.
<br />j. All awards al damages in connection with any coudeamatiun for public use of or injury w any o[ the
<br />property' subjcrl to thu mortgage era herabY gwugOed and tlhall he paid lV InWtgagrC, who mAY apply nlta
<br />satna to pasmont of tlli" inatsllments IasE due under said oats, and a+ortgageo is herabr authorised, in the
<br />name of tllr nlaRgagar, to rzreute and deliver slid acquistaaees tharetd and to appeal feast any such awes€d.
<br />k. The mortgagee shall have the right to inspect the mortgaged prcwiaa at any reasarahlr, times.
<br />$. Uefavlt in any of the revenants or conditions of this insiruntrnt or of the Harr ar roan agtrenlrnt .ccurrd
<br />bareby shall terminate the mortgagor's right to pussessian, Ilat and rnjovment of the, proprrh', at the option of the
<br />toa-t~agea or his assigns lit being agreed that the mortgagor shall have such right until defauhl. tipuu any such
<br />default, the mortgagee shall brrane the owner of all of the routs and profits accruing after default as sreuritr
<br />for the indebtedness secured Lateby, with the right to aster upon acid property fur the purpose of callerting such
<br />rMis and proftu. Thies instrument alts)) operate as au awigument of any rentals wi said property to chef extent.
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