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<br />z r~t~t~rara,<annatt~ttg~a.a~ca~rt.:
<br />~ lie wilt P~P~y Pay the ie~de6tedas evfdenced by atdd prmirery nox u the linen and is dtn
<br />loaner therein provided
<br />8. IIe will pay all taste, assestmmu, water eaten, and other goacestmeatal or m®eipal ehargei, lass, air
<br />iapaaitiona, for whie6 provisiat has not btttm ride Imeeinhetote, and xill promptiy deliver the atlbttiai itieeipv-
<br />therefor to the said mostgagae.
<br />c. He will pay such expenses and fees as may be incurred in the protection and maintenance of said
<br />property, iaclnding the fern of any attorney employed by the mortgagee for the colleetioa of any or all of
<br />the indebtedner hereby secured, or for foreeiowre by mortgagee's sale, or court proceedings, orin nay other
<br />' litigation or proceeding affecting said premises. Attorneys fees reasonably incurred in any other way shall be...
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request at the mortgagee, iN soft
<br />ceesces or assigns. he shat) execute and deliver a supplemental mortgage ox mortgages covering any additions,
<br />improvements, ar betterments made, to the property hereinabove described :rid aP, property acgaired by
<br />it after the date Ixereof (all in form satiaiactory to mortgagee ). Furthermore, should morEgagor [ail to core.
<br />any default in the pay~trent of a prior or inferior encumbrance on the property dexribed by this instrument,
<br />mortgagor hereby agrees to permit mortgagee an cure such default, but mortgagee is not obligatedEO.d,oso;
<br />and eneh advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />terms and condition.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement
<br />or extenion of dte time of payment of the indeh[ednexs evidenced by said promissory note ur any part thereof
<br />secured hereby.
<br />). He will continuously maintain hazard insurance. of such type or h~pee and in such amounts as the
<br />mortgagee may from time to time. require nn the improvements now ar hereafter nn said property, and
<br />will pap promptly when doe any premiums therefor..411 insnranee shall ba tsmed in companies aeaptable
<br />to tnortgag~ sad the policies sad renewals tbeeeof ebali be held by mortgagee and have attached thereto
<br />loos payable clauses in favor of and in form aeceptablc to the mortgagee. fa event of loss, mortgagor will give
<br />immediate notice is writing to mortgagee, and mortgagee map make proof of loan i# net made promptly by
<br />mortgagor. and each inaurmca eampany coaeerned is hereby suthoriaed and direetad to make payment foe each
<br />lose dtrecsly to marlgapwa instead of to mortgagor and mortgagee ,gaintly, and the imurance proeeede, or any
<br />part thereo#, may be epplted by mortgagee at its optiaa either to the redueticn o! the indebtedner hereby
<br />seearad ae is the rrstorstion ar repair of the property damaged ar destroyed, fn event of forrclosnre of tl.~
<br />mortgage, or other trio&r of title tv said property in ratiaguisltmeat of ifte iadehtedner seemed hereby, a[I
<br />right, title and interest of the mortgagor is and to any inuraace policies then in force shall par to the
<br />purchaser or mortgagee or, a[ the option of the mortgagee, may he surrendered for a refund.
<br />g. He will keep all buildings and other improvements on said property in good repair and condition;
<br />will permit, commit, or suffer 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 premises and those erected on said
<br />premises, or improvements thereon, in good repair, the mortgagee rosy make such repairs as in its discretion it
<br />may deem necessary for the proper preservation thereof; and the fall amount of tech and every such payment
<br />shall be immediately due and payable and shall Fte secured hr the lien of this mortgage.
<br />h. He will not voluntarily create or permit to be created against the property subject to this mortgage
<br />any lien or liens inferior or superior to the lien of thin mortgage without the written consent of the mor4
<br />gages; and htrther, he will keep and maintain the came fret from the claim of all persons supplying labor or
<br />materjala for cunstnretion n( env and all Luildings yr improvements now being rrerted err to tm erected an
<br />said premises.
<br />i. He will not rent or assign env part of the rent of said mortgaged prvperq• or demolish, or remove,
<br />or etrbstantially alter any building without the written consent otter, mortgagee.
<br />J. Aff awards of damages in connection with any rmtdemnation for public use ut or injury to any of the
<br />property subject to chin mortgage are hereby assigned and xhail be paid to mortgsgee, who may apply the
<br />same to payment of the installments last dun under said note, and mortgagee is hereby authorized, in the
<br />name of the morigagoq to executt and deliver valid acquittances thereat and to appeal from any such award.
<br />4. The mortgagee shall have the right to inspect the mortgaged premises at any roasmteble time.
<br />2. I)efaul! in any of the covenants or condi[ionn of thin instrument ur of the note ar loan agreement secured
<br />hereby shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the optimt a( the
<br />mortgagee or his assigns (it being agreed that the mortgagor shall have such right until rIe[aulU. Upon any such
<br />default, the mortgagee shall 6eeome the owner of al! of the rents and profits accruing after default ae security
<br />for:-the jndsbtedneae secured hereby, with the right to enter: upon said property for the purpose of collecting such
<br />rents sad profits. This instrument ehaii operates es-eo-assignment of any rentals rot said property to that extent.
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