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<br />1. 'B3ie 1 CaTr88IIb ~ a{ foiio~tr:
<br />a. >~ will promgtlp gar the iadehtedmmer evidenced by .aid prmiss~y nMe .t the Gme. sad is the
<br />ta,aaner tL~a provided
<br />6. He viII ~y elf taros, areatmmta, water rates, sad other gover~mtal or mtttaripal ehar®ey Yoe, ar
<br />impaeitiom, for wfaicll graviuon has mx ftetm made }ureinbefore. and trill pmmgtl7 deliver the e6eial rtxeigb-
<br />therefor to the said mortgasee.
<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 indebtedner hereby seeeured, or for farecloaare by raortgagee'e Bale, or court proeeedinge, or in any other
<br />litigation or proceeding affecting said premises. 14ttorneye' fees reseonabty incurred in any other way shall be -
<br />paid by the martgagor. - - _ -
<br />r;. roe better security of the indebtedncae hereby secured, upon the request of the mortgagee, its scan
<br />cessora or assigns, he shall rzecute and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereinalmve described :nd all property acgaired by
<br />it after the date hereof (alt in form »atisfactory to mortgagee). Furthermore, »hould mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance on the property described by this immatmment,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, }wt mortgagee ie not obligated to do so;
<br />and each advances shall become part of the indebtedness secured by this instroment, subject to she same
<br />terms and condiiione.
<br />e. The rights created by this conveyance shall remain in full farce and effect during any postponement
<br />or extension of tt,e time of payment of the indebtedness evidenced by said promissory note or any part thereof
<br />secured hereby.
<br />f. He will eon[inuouely maintain hazard insurance, of Hoch type or Types and in such amounts as [he
<br />mortgagee may from time to time require on the improvements now or hereafter on said property, and
<br />will pay promptly when dse any premiums therefor. All imnrance shall be carried is companies atxxptabk
<br />to mortgng~ and the policies sad renewals thereof shall }x held by mortgagee and have atuched tbereto
<br />lose p:yahk classes is favor of and in form acceptable to the mortgagee. Ia event of Ions. mortgagor will give
<br />immediate mmotice in writing to mortgagee, sad mortgagee may make proof of tar if not made promptly by
<br />mortgagor, and each insurance company rnmmcermmed is hereby anihorittd and directed to make payment for each
<br />Tor directly to mortgagee instead of to mortgagor end mortgagee jointly, and the inuurance praoeeda, or my
<br />part thereof, may be applied by mortgagee at its optiamm either to the redactiomm of the indebtednne hereby
<br />secured ar to the rratoration or repair of the property damaged or destroyed. In went of foreclosure of this
<br />maragage, or ether icamfer r~ title to ass`d property in eztinguiehmcat of the indebtedness severed berebp, alt
<br />right, title, and int¢zeai-of the mortgagor is and to any itsaarttatt poficira rhea is fora shall pees to the
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund.
<br />g. He will keep all buildings and other improvements on said property in good repair and wndition;
<br />will permit, commit, ar 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 may make such repairs as in its discretion it
<br />may deem necerary for the proper preservation thereoL• and the full amount of each and every such payment
<br />shelf be immediately due and payable and shall be »ecured by the lien o[ 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 Berle inferior or sulxrior to the lien of this mortgage without the written consent of the moro-
<br />gages; and further, he will keep and maintain the same free from the claim of all persons supplying labor or
<br />materials for construction of any and all buildings or improvements now being erected car to be erected on
<br />said pretnisee.
<br />i. Se will not rent or assign any part of the rent of paid mortgaged property or demolieb, or remove,
<br />or substantially alter any building without the wriUen cmtsent of the mortgagee.
<br />j. Ali awards of damages in wnneetion with any condemnstion for public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and shall he paid W mortgagee, who may apply the
<br />earns to paytnertt of the installments last doe under said note, and mortgagor, fn hereby authorised, in the
<br />name of the martgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. The mortgagee shall have the right to ioapect the mortgaged lrremiaee cat any reasonable time.
<br />2, Default in any of the cavenanta or condetiltne o[ this instrument or of the note or loan agmement secured
<br />herebysball terminate the mortgagor's right to passeasion, use, and enjoyment of the property, at the option of the
<br />laortgagee or hie assigns lit being agreed that the mortgagor-shall have such right until default(. Upon any such
<br />default, thr mortgagee shall became the owner of all of the rents and profits accruing after default ae security
<br />for-the indebtedrtees secured hereby, with the right to enter-upon said properly for the purpose u[ ca[leetinq such
<br />@ettle and profits. This instrument shaft operate ss ap aesignmsnt of any rentals an said property to that eaent.
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