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<br />1. The mortgagor ooveoaoU and tgrees as follwn:
<br />a. He will P~P~y WY ~~ indebtcdnw evidenced by said promissory note at the times atoll in the ~'.
<br />manner theroin proaided
<br />6. 13e will pay all taw, assessments. water rates, sad other goverameatal or municipal charge, Goes, or
<br />impositions, for which provision has sot been made hereinbefore, and will promptly deliver the official reeapb
<br />therefor to the said mortgagee.
<br />c. He will pay such 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 forecloenre by mortgagee's sale, or court proceedings, or in any other
<br />litigation or }>roceeding affecting said premieee. Attorneys' fees reasonably incurred in any other way shall be
<br />~~ paid by the mortgagor.
<br />d. For better security of the indebtedness hereby eecured, upon the request of the mortgagee, ire snc-
<br />cesaore or aseigna, he shall execute and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereinebove described :nd ail property acquired bq
<br />it after the date hereof fall in form satisfactory to mortgagee). Furthermore, should mortgagor fart W cure
<br />any default in the payment of a prior or inferior encumbrance on the property described by thu instrument,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so;
<br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />tet•me and conditions.
<br />e. The rights created by this convevance shall remain in full force and eft`eet during any poetpooement
<br />or extension of the time of payment of the indebtedness evidenced by said promissory note or any part thereof
<br />secured herebv.
<br />(. He will rantinuouslc maintain hazard insurance, of such type or types and in such amounts as the
<br />mortgagee may from time to time require on the improvements now or hereafter on said property, and
<br />will pay promptly when due any premiums therefor. AlI imnraace shall be carried in txrmpanies acceptable
<br />to mortgagee and the policies and renewals thereo[ chaff be held by mortgagee and have attached therein
<br />lava payable clauses in favor of and in. form acceptable to the mortgagee. In Brent of loan, mortgagor will give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof of loan if trot made promptly by
<br />mortgagor, sad each instrranoe company concerned i a hereby authorised and directed to make payment for studs
<br />loss directly to mortgagee instead of to mortgagor and mortgagee jointly, sad the ituaraoce proceeds, or say
<br />part thereof, may 6e applied by mortgagee at ire option either to the reduMion of the indebtedoesr hereby
<br />secured or to the restoration or repair of the property damrged or ddtroyed. !a event o[ fotechtsttre of thin
<br />mortgage, or other trsna[er of title to said property in extinguishment o[ the indebtedtrer seeaoed heeebp, all
<br />right, title, and interest of the mortgagor in and to any insurance policid then in farce stuff par to rise
<br />purchaser or mortgagee on at the option of the mortgagee, may be surrendered for a re(trnd.
<br />R. He will keep all buildings sad other improvements on said property' in good repair and conditimt;
<br />will permit, commit, or suSer no waste, impairment, deterioration of said property or any part thereof;
<br />in the event of failure of the mortgagor to keep the buildings on said premieee and thaw erected oo said
<br />premieea, or improvements thereon, in good repair, the mortgagee may make such repairs ae in its dixreuon it
<br />may deem necessary for the proper preservation thereof; and the full amount of each and every such payment
<br />shall be immediately doe, and payable and shall Ire secured hp the lien of this mortgage.
<br />h. He will wt voluntarily create or perntit to be created against the property subject to this mortgage
<br />any lien or liens inferior or superior to the lien of this murtgrgn without the written ronernt of the mort-
<br />gagee; and further, he will keep and mainuiu the same free Pram the claim of all pereuns supplying labor or
<br />ntrterials (or eonslnrction n[ any anJ all buildingx or improvements now faring erected or to be erected on
<br />said premises,.
<br />i. Hr will nut rent or awigu any part of the rent u( eriJ mortgaged property or demolish, or remove,
<br />or autastauliaUy alter env huildiug without the written consent of the mortgagrr.
<br />j. All awards of demrgee in connection with any condemnstion for public use. of or injury to any of the
<br />propt:rtq subject to this mortgage are hereby sesignrd still shall 6e paid to nwrtgagee, who may apply the
<br />saaae to paynarrtt of tlar inetsllnaenie last dtte under said uutr, still mortgageets lrerebv authorised, in the
<br />eater of the mortgagor, to execute and deliver valid acquittance. Iherruf and to appeal from any such award.
<br />k. The nwrtgagee .hall have. the right to impact the ntortgageJ premises at any reasonable time.
<br />2. Default in any a( the suvenauts or conditions of this instrument or of the nuts or loan ugrrement xecurrd
<br />lureby shall terminate the mortgagur'a right to puxaesaion, use, and enjoyment of the property, at the option of the
<br />mortgagee or }six assigru lit beinµ aµrerd that the mortgagor .bell Garr xuch rig61 until default). l'~pun any xuch
<br />dafsult, the nwrtgagrr. .hall 6ecmnr the owner of all tit the rents and profits un•ruinµ after default ex security
<br />for the indtbtednes xer.urrd Ise reby, with the sigh! to enter upon xaid property fur the purpose of collecting sorb
<br />vertu sad profits. This instrument .hall operate u an sssigument of am rentrls ou xaid props sly to that extent.
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