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<br />&. If he fails to pay any snm or keep any covenant provided for in this mortgage, *_he Mortgagee, at <br />its option, may pay or perform the same, and all expenditures so made shall be added to the principal sum <br />o:s'ing on the above note, shall be secured herehy, and shall ba..ar interest until paid at the rate provided <br />or in*.he principal indebtedness. <br />7. ilpon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes <br />for the sum or sums advanced by Mortgagee for the alteration, modernization, or improvement made at <br />the Mortgagor's request; or for maintenance of said premises, or for taxes ot• assessments against fire <br />same, and fax ary other purpose elsewhere authorized hereunder. Said note or notes shat[ tie secured" <br />herehy on a parity ::-ith and as fully as if the advance eridenc-era thereby u=ere included in the note first <br />described above. Said suppiemeuta3 note or notes shall hear interest at the rate provided for in file prin- <br />cipal incieb±edness and sl;all be pay able in approximately equal monthly payments for such period as mgy <br />be agreed upon by the Mortgagee vnd Mortgago=•. Failing t<3 agree on the maturity, the whole of the sum <br />or• sums srr advanced shall he du,= and payable thirty (3t)} day=s after demand by the 3ortgagee. in na <br />event sY:a?I the maturity extend hepond the ultimate maturity of the note first described above. <br />9. Ho herehy assigns, transfers and sets over to the ;Mortgagee, to be applied toward the payment of <br />the note and all sums secured hereby in case of a default in the performance of any of the terms and condi- <br />tions of this mortgage or the said ante, alt the a-ents, revenues and income to he derived from the moth <br />gaged premises during such time as the mortgage indebtedness shall remain unpaid; and the Mortgagee <br />shall have prnver to appoint any agent nr agent,4 it may desire for the purpose of renting the same. and col- <br />lectinu the rents, revenues and income, and it may pay out of said incomes all neeessat•y commissions and <br />expenses i^.eurrzd in renting and managing rh.~ same and of collecting rentals therefrom; the balance <br />remaining, if ang, to be zpptied to::-ard the discharge of said mortgage indebtedness. <br />~. Ite :~•ili ccsttinu„usiy maintain hazard insuranc3s, of :such type or types and amounts as Mortgagee <br />may from titre to tim3' I eartirp, cr. ehe improvements nosy or hereafter on said premises and except when <br />p ayment for ail such pr,•rriums ha_s thereCatfore been made tmdctr (al of paragt•aph B hereof, will pay <br />..^,rnmpt.ly ?vher. d3se any pr:>mizams ~herefor- t?pin default thcrenf. Mortgagee may pay the same. All <br />in=urance shalS ]s.~ ca!'r:,>d !n annpanios appco:•n_d lay the iF9~o.t'r~gagee and the l:oiieies and renewals thereof <br />shall be h.=1d he' the ~i,,r? „arc> an4l h:,ve attached Yhereto inns payable clauses inr"avur of and in form <br />aeLepiable €a the :'<i„±tgagtt° h%event cf loss §lartgagor a-il1 give unmediate notice by mail Lo the lMort- <br />gagee, ,:-h<, ma} ma=:r pt~e,r._ ~? ]r~?s if not made pr+.rtsptly by ~l=.rrt:gagclr. and mach insurranee company con- <br />ce~rnc~{i i+ l..~rrh,' tiuthor:~e~i a!xi rilreet~ i Y,s ra.ake pa:°meuL fr_:r suc11 k;~+s ,iirectlS' Co *_hc• :ilorkgagee instead <br />c>f to Cl:a: Efor:gage3r ar,.i ehe ..InrL;tagee t,ainLis, an+i the inwurance psoceeda, ur any part thorcuf, <br />rook' he at3lkficd by t3se kTort,~;:_gee at its option either t« thu !~:ciuctiun of the indebtedness herehy soured <br />er to tha> re~torat!ua or r,tg3an~ ut the prcpa:•ty damaged. [n rtvent nl' iorw~lt+snra of ttris n_ortyYag'e, eir other <br />tranazr uP t:?tee ~>r the a:ur'j{'8t:..i pr>~€rt in ea.rir iistlmwnt of the indahteednen,. ..rr=;z r, :,1 hers=by, all <br />r.€rht, tzt:,. ~.., , ..,.; rr~t : , ...e• ~i..rT,gak'ur :33 ar.3 3 t .::sus'ar:3:3• 1,::,...a,. ,..~ ;! +zrce :,hall fans Co the. <br />pal-~ras~r .,r ~raAr., ~. <br />... er ,r r.r , ~r.-- r .,, ,ai .,:~•at ,; :e .-. , ,i,,f au ,umc-?o x>corrle <br />•i 3:ze, 3 i - - <br />"_._ y ir3i= -_-'•' y~a~, t:;e -3-33~r~e.y~>.s ^, 3~ri''^!s {:" i£._.... ~[. i. :' ..~]. .n.:'+^.+:` •3!t '3 '3... .t PA35G5, 13P~511 (A. rf!F"f?- <br />i:J4.'.:. r~:' # n'^. c. .. .....3 n,., ...... .t.... .. .t.- .}d ~t},:.n - 3 ~... .. ..,,s. •.. ", tt ,..1. ,. .i'a 3E :i <br />• :aa° ., _ ,.• ,,. ...... _ .,~ . ,~..,- ..,can, - ., ,... ._ - - ~._., _ <br />muI`t gage, arad th,• e9't+u-t,~,r?s:=.~ dnap dz•atand, s.ua for 3nr1 r '+ruc.•r an3' s!!rh llu>'aa,•n C:: 33-h<•r3 to ue• anti hay- <br />abl,•, but mall ~i)r 1 ~ (dk:!r~et _ .., !o TF !. ~•.glgn. m+•n! .. *_ez-^?! ;: n:d '~•rorat ~?t<fi ,,ltd cr,ai 3i (3o13 <br />talc-~rcz~ of ih is mortg.rye,- <br />ll. Fie s€: a=' r3= - ~tnr;= •,~ ,zc-e*rsit .? ssir; nrd -xP!a_1 .n,t ltairt -'he pterdx>rt -n .1~ t;•it»1 -ruu:i4!an as txt <br />presev3l, rnx~xririi,• =s,~ar anti teat' rxec•pted. t'pun stay' ;allure to 3o m:nzlt.am, sit,rcgauer. at iLv option, <br />rrtt;} eansx rwss,~crnav;~• matr.t~~urc<, +,r3zr1? 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