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<br />I: 3"6e ttaessgagor ea.mmu acrd agrees as follwa:
<br />.. He will Promptly pay thn indebttdtaess evidenced by said pramimnry ma :t she timer aad in the
<br />tn~er therea provided
<br />b. He will pay al] tszn, au~mes, water ales, and other govumrotal or tmmieipal ~ f~ea, ar
<br />impodHoor, for which provisfm hm trot bees made lee~abefore, and wf1l prtrmpdydeliverthe oBeal teeedpb .
<br />therefor to the acid ttmitgtgx
<br />c. He will pay such expenses and fees as may be ineorred in the protection aad maintenance of said
<br />-property, incladiag the tees of any attorney employed by the mortgagee for the collection o[ say or all of
<br />the indebtedner hereby encored, or for foreeloeaze by mortgagee's sale, or court preccedings, or in soy other- -
<br />litigation or proceeding affecting said premixes. Attoneye' fees reasonably incurred in any other way shall be-
<br />paid by the taortgagor.
<br />d. Foz better security of the iadebtedaeeahereby secured, upon the request of fhe mortgagee, ils enc-
<br />ceasora or assigns, he shall execute and delfver a supplemental mortgage or mortgagee covering any addidone,
<br />.improvements, or betterments made to the property hereinabove described :nd all property acquired by
<br />it after the date hereof fall in form satisfactory to mortgageej. Furthermore, should mortgagor fail to wre
<br />anv default in the payment of a prior or inferior encumbrance on the property described by this instrument,
<br />mortgagor hereby agreex to permit mortgagee to cure such default. but mortgagee is not obligated io do eo;
<br />and ouch advances shall become par[ of the indebtedness secured by this instrument, subject to the same
<br />terms and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement
<br />or extension of the time of payment of the indebtedness evidenced by said promiesorv note or any part thereof
<br />xcured herebv.
<br />/. He will continuously maintain hazard insurance, of such type or types and in such amounts ae [he
<br />mortgagee may from time to time require on the improvements now or hereafter on said property, and
<br />will pay promptly wheu due any premiums therefor. All insnnace shall be carried is companies acoeptabin
<br />to mortgagee and the policies and renewals thereof eha11 be held 6y mortgagx and have attached thereto
<br />loss payable ciattsa in favor of asd in form accepta62e to the mortgagee. Ia eveai of toga, mortgagor will give
<br />immediate notice is setting to moztgagee, aad mortgagee may make proof of for if sot made promptly by
<br />mortgagor, aad each itteurance company concerned f e hereby authorised and directed to make payment for each
<br />for directly to mortgagee iaetead of to mortgagor and mortgagee jointly, and the ineuranoa proceeds, or say
<br />part thett'arf, may be applied by mortgagee at its option either to the rednetioa of the iadebtedtamx herehy
<br />aectrred or to the rdtorstioa or repair of the property damaged or destroyed. In event of foreeloearn of thin
<br />mortgage, nr other tranxfer of title to rid property in eztiagvishment of the indebtedoer secured hereby, ail
<br />right, title, aad interest of the mortgagor in and to any inuurance policies then in force shall pees to the
<br />purchaser or mortgagee oq nt 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 condition;
<br />will permi4 commit, or euffer 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 ae in its discretion it
<br />may deem necessary for the proper preservation thereof; and the (all amount of each and every each payment
<br />shall be immediately Zoe and payable and shall be secured by 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 Tien or liens inferior or superior to the lien of Ibis mortgage without the written consent of the more
<br />gages; and furtheq he will keep and maintain the same free irom the claim o(all persons eupplrinq labor or
<br />materials for constnrction of any and all buildings or improvements now bring erected or to he erected nn
<br />said premises.
<br />i. He will not rent or arign any part of the rent of said mortgaged properly or demolish, or remove,
<br />or substantially alter any building without the written consent of the mortgagee.
<br />j. All awardx of damages in connection with any condemnation for puhiic use of or injury to any of the
<br />proporty subject to this mortgage am hereby arigned and shall be psid to rtrartgagee, who may apply the
<br />same to payment of the inatAllmeate last dun under said note, and mortgagee ie hereby authorized, in the
<br />Warne of the mortgagor, to execute end deliver valid acquittances thereof and to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect the mortgaged premises at say reasonable limn.
<br />. 2. Default in say of the covenants or conditions of this instrument or of the note or loan agreement secured
<br />hereby shall 3erminate the mortgagors right to possession, use, aad enjoyment of the property, at the option of the
<br />mortgagee or his axsigna lit being agreed That the mortgagor shall have each right anti) default). lJpon any such
<br />default. the mortgagee shell become the owner of all of the rents sad profits accruing after default as security
<br />foe'the indebtedner secured Lercby, with the right to enter-upon said property for the purpose of collecting such
<br />rent and profits. This instrument shall operate ae aH aesignroet:t of any rentals on said property to that extent.
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