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s. 'f'be t~rigagor t>~an4 cad ~,s fnIIewa:
<br />a6 will ptsompily fxiy the ;ndefxedneae evitleaeed by ..id proma~xy sae :z r>% rims •oel is ~
<br />canner abetem provitfed
<br />t5. 13e trill pay all tattae, arsea®enta, water rater and other go-eromeatal ttr mmiapal ~. fmaa, or'
<br />impotdttiona, for which prtrviria~n has na been made heseinhefore, and triII ptnmpUy deliver the a~eial ieoeipEa
<br />therefor w the aahi mortgagee.
<br />c. He will pay each expenses and fees ae may be incumd in the protection and maintenance of said
<br />property, iacludittg the fees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indehtedneae hereby secured, or for foreclosare by mortgagee a sale, or Conn proeeedntba, or is asp other
<br />litigation or proceeding affecting said premieea. Attorneys fees reasonably inrnmd irs any other way atoll be
<br />paid by the mortgagor.
<br />a~ Fay meter ae~rity of the indebtednem 4ereby eecnred, upon the request o[ the mortgagx, stn sao-
<br />ceaeore or aeeigna he shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabnve described =nd all propene acquired by,
<br />it after the date hereof {all in form satisfactory to mortgagee). Furthermore, should mortgagor fail to enre,
<br />any default in the payTrrent of a prior or inferior evcumbrance on the property deacrihed by this inatrnmerat, ~,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, btn mortgages. is not obligated to do so;
<br />and anch advances shall become part of the indebtedness eecnred by ehis instrument. subject to tht acme
<br />terms cad conditions.
<br />e. The rights created by this conveyance shall remain in fu^ force and effect during am postportetneai
<br />or extension of [he time of payment of the indebtedness evidenced by said promiswrv note or env pan thereof
<br />secured hereby.
<br />). He will continuously maintain hazard insurance, of such type or rupee 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 nay premiums therefor. All iasnraoa shall be carried in companies acceptable
<br />to mortgagee and the policies and renewals thereof shall be held by mortgagee tad }uve attached tb'aeto
<br />lose payable clauses in favor of and in form acceptable to the mortgagee. In event of 3oas, mangagor will give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof of loo if not made ptompdy by
<br />mortgagor, and each imuranee company oorteerned is hereby authorised cad dimted to matte papmmt for anch
<br />low directly to mortgagee instead of to mortgagor cad mortgagee jointly, and the itrsnrat.ce prooeeda wr any
<br />pan thereof, map be applied by mortgagee at its option either to the reduttioa o[ We iadebtedttaaa hereby
<br />necatctl or to the restoration or repair of the property damaged or destroyed. la e.eat of forecloemss of this
<br />mo:.gage, or other transfer of title to said praperiy in eztinguishmeat of the iadebledtt~ secerrd hereby, ail
<br />rig6te title, and interest of the mortgagor in and to any iwnraoce polieiea then in force she!! pass to the
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund.
<br />R. He will keep all buildings and other improvements on said prapeny in good repair and rnadition:
<br />will permit, commit, or suffer no waste, impairment, deterioration of said propene or coy part thereof;
<br />in the evens of failure of the mortgagor to keep the iwildinge on said premises and those erected on said
<br />premises, or improvements thereon, in good repair, the mortgagee may make such repaire ae in its discretion it
<br />may deem necessary for the proper preservation thereof; and the full amount of each and every ouch payment
<br />aha11 be immediately due and payable and shall be secured by the lien of this mortgage.
<br />h. Ht will not voluntarily create or permit to 6e created against the prapeny subject to this mortgage
<br />any lien or liens inferior ar superior to the lien of this mortgage without the written conneni n( the mort•
<br />gages; and further, he will keep and maintain the same free Isom the claim of all persons supplying labor or
<br />materials Tor cmtetruction of env and all buildings or improvements now bring erected or to be erected mt
<br />said premiaee.
<br />i. He wild not rent or assign any part o[ the rent n( said mortgage) property or demolish, or remove,
<br />or subalantially alter any building without the written consent of the mortgagee.
<br />j. Ail awanis of damages in connection with any condemnation for public use of oc injury to any of the
<br />property eubjzet m this mortgage are hereby assigned and shall he paid to mortgagee, who may apply the
<br />same to payment of the installments lest due under said note, and mortgagem es hereby authorised, io the
<br />name of the mongngot, to execute and deliver valid acquittaneea thereof and to appeal from any such award.
<br />k. The mortgagee chap have the right to inspect t}te mortgaged premises at any reasonable time
<br />2, De(aule in any of the cuvrnnMe or conditions a[ this instrument or oI the note or loan agreement secured
<br />hereby shall terminate the nwrlgagor's right to possession, use, and enjoyment of the property, at the option of the
<br />mortgagee or his ansigrtn (it Fteing agreed that the mortgagor shall have such right ontil default). Upon nny such
<br />default, the mortgagee shall become the owner of all of the rents and profits accruing after default a security
<br />for the indebtedness eecnred hereby, with the right to enter upon acid property fur the, purpose of vollecting ouch
<br />rents and profits, This instrument shall operate as an aaeignrrtent of any rentals on said property to that extent.
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