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<br />L Tbt~tgrptreovaoamsaodageeraafeIIotae:
<br />a. He sriII promptly pal the iadehtedatas erideaeed by said pzamtrtatKy [sore at the [later nsd is the
<br />tarmter thete9n petoiadad
<br />b. He t-iII pay aII Lases, aresmesaa, warp rates, sad other ~veru>oame:l or mtmiopal ~: fiata4-ae -
<br />impottitioar, foi tshieb pttovf®oa has rant htttm made 6esein'aefore. and .rill promptly deliver the oitaal rexipoa
<br />therefor to the said taortgaaea.
<br />c. He will pay ouch expenses and fees ae may be inearred is the protection and tttainitaanor. of said
<br />property, including the fees of any attorney employed by the mortgagee for the collection of any or aII of
<br />the indebiednese hereby secured, or for toreelosnre by mortgagee's sale, or wart proceedings, or in tmy other
<br />litigation or procecdiag affecting said premises. Attorneys' Ceea reraona6iy incurred in aayother way shall he
<br />paid by the mortgagor.
<br />rl. Poe 1s°iter security of the indebtedae~ hereby sttared, upaa the request of rho n-artgagee, its a~z-
<br />ceaeors or assigns, he shalt execute and deliver a enpplemental mortgage or mortgages covering any additi~r,
<br />improvements, or betterments made to the property hereinabove described :ndall property acgni:ed by
<br />it after the date heeeo[ (all in form satiefactorv to mortgagee). Furtfiermore, should mortgagor fait to cure
<br />any default in [he pa}'ment of a prior or interior encumbrance on the property described by this instrument.
<br />mortgagor 1-.ereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do ao;
<br />and such advances shall become part of the indebterlnesa secured by this ina[nxment, subject to the same
<br />teeters and conditions.
<br />r. The rights created by this conveyance shall remain in full force and effect during any postponement
<br />or eateneion of the time of payment of the indebtedness evidenced by said promissory note or any pan thereof
<br />secured hereby.
<br />J. He will continuously maintain hazard insurance, of such type or types and in such amounts ae the
<br />mongagee mac from time to time require on the improvements now or hereailer on said property, and
<br />will pay promptly when due say premituna therefor. All imnrantx shall be carried in companim aorzptable
<br />to mortgagee sad the potieim and reaewaln thereof ehaII lee held br mortgagee and have attached thereto
<br />loss payable ciaaxs is fa+or of sad in form acceptable to the mortgagee. fn event of lose, mortgagor wiII give
<br />immediate [[arise in writing to mortgagee, sad mortgagee mar make proof of late if not made promptly 67
<br />mortgagor, and each i~uranee company rnntxraed is hereby authorized and directed to make payment for araeh
<br />lam directly to mortgagee instead of :a mortgagor and mortgagee jointly, and the irrauranea proceeds, or any
<br />part thereof, [nay Jx applied by mongagx at its option Tither to the reduction of the indebtedtmas hereby
<br />seeared or to the rratoratioa or repair of the progeny demage~ or destroyed. fa ew.trt of Sareclawra of the
<br />morega~, ar atlter tt`atnsfer of tick to said progeny in extinguishment of the inclebtedrreae eecurEd bareby, all
<br />right, title, and iateree! of the mongrgor in and to any insurance nolieim then ~ fork shall pea to the
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered Cor a refund.
<br />R. He will keep all buildings and other improvements on said property in good repair and condition;
<br />will permit. commit, or su8er no waste, impairment, deterioration n( raid property or any part thereof;
<br />in the event of tai{ore of the mongagor to keep the buildings on said premises and those erected on said
<br />premises, or improvements thereon, in gaud repair, the mortgagor may make ouch repairs ae in its discretion it
<br />may dean necessary (or the proper preserrrtion Yhereo(: and the hdl amount of each and every such payment
<br />shall be immediately due and payable sad shall be secured by the lien of this mortgage.
<br />h. He will net yolunta rily create or prrmik to Ise created against the property subject to this mortgage
<br />an} lien or liens interior or sul,eriur to fire lien of this mortgage without the written oonsent of [he mor4
<br />gages: and further, he will keep and maintain the same free from the claim of all persons supplyinK lafwr or
<br />materials for construction of any and all buildings or improvements now being erected or trt be erected on
<br />said pranises.
<br />i. He wi}l nut rent or asxign any part of the rent of said mortgaged property or demolish, or remove,
<br />or substantially alter env building without the written conerut of the mortgagee.
<br />j. Al! awards of damages in connection with any condemnation for public oar of or injury to any of the
<br />ptoperic snbject to this mortgage are hereby assigned and shall Ire paid to mortgagee, who [nay apply the
<br />soars to paysuoai oI 41te instaIItrrettls last due under said note, end rnoregagee is hereby authorised, in the
<br />name of the neongagar, to execute and deliver valid ncquitlances thereof and A> appeal from any such award.
<br />k. The mongagee shelf have the right to inspect the mortgaged premises at any reeeonable lime.
<br />2. 13efauft in say of the n.yenante or conditions of this instrument or of the note nr inau agnrment secured
<br />hereby.eball tetminaie the mortgagor's right w possession, nse, and enjoyment of the grope rt y, at the option of the
<br />raorigagte or his assigns (it being agreed that the mortgagor shall have such right until default ). l; pun any +vetr
<br />default. the mortgagee shaft become the owner of ail oC the rents and profits accruing after default as secure[}
<br />far the igdebtedness secured hereby, with the right to eater upon said property tar the purpose of rollecting each
<br />rentr and profits. This instrument shall operate as sa assigtttneq! of nny rrnuls on said progeny to that extntt.
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