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<br />L Tbsmoztgasermsaaanbs>¢dagsaasaatoBwa:
<br />a. He will promptly pay the iadebudneas evideexd by said promisory note at the timer troll in the
<br />thetoia paovided
<br />6. He will pay all to=n, aream>mL, crater ntea, and otter govaammtal or mmidpal ebae~ea, 6oeai oc:
<br />impoi>iome, for which provririm has mt base made hereialrefote, cad will promptly deliverthe ri6oai iweapls-..,
<br />therefor to the said mortgagee.
<br />c. He will pay such expenses and tees as may be incurred in the protection and maiatenance of said
<br />- property, including the lase of any attorney employed by the mortgagee Fer the collection of any or all of
<br />the indebtedness hereby secured, or for forecloemrc by mortgagce's sale, or court proceedings, or in any other..
<br />litigatim or proceeding affecting said premises. Attorneys' fees reasonably imeurred im any other wayehall be
<br />paid by the mortgagor.
<br />r+. For beMer secnrity of the indebtedness hereby secured, upon the requnt of the mortgagce, its seer
<br />csasora or assigns, he shall execute and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereinabove described :nd al] property acgmired by ~ '
<br />it after the date hereof (all in form aetiefactory to mortgagee T. Furthermore, should inortgagorPail to cure
<br />any default in the par-ment of a prior or inferior encumbrance on the property dexribed by thieinatrutrtent,- '~
<br />mortgagor hereby agree~'to permit mortgagee to cure su:h default, bat mortgagee is not obligated to do eo; ',
<br />and auch advances shall become part of the indebtedness secured by this inatmmenE, subject to the same
<br />terms and conditions.
<br />c. The rights erected by this conveyance shall r main in full force and effect during any postponement
<br />or extension oC the time of payment n( [he indebtedness evidenced by said promissory note ur any part thereof
<br />secured hereby.
<br />f. He will continuoueh• maintain hazard insurance, of auch type or types and in such amounts ae the
<br />mor[gaeee may from time to time require on the improvements now or hereafter on said property, and
<br />-will pay prompily when due amy premiums therefor. All imanrmce shall be carried in companies aooeptabk
<br />to mortgagee and the policies and renewals thereof shall be held by mortgagee amd have attached ilremto
<br />lam payable clatnes in favor of and in Corm acceptable to the mortgagee. Im event of lone, mortgagor wiH give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof of lass if mot made promptlq by
<br />mortgsgatr, and each ittaurance company eomcetaed i s hereby authorized and directed to make payment for tmeh
<br />Imo directly io mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any
<br />part thereof, may be applied by mortgagee at its option either to the reduetioa of the imdebtednw hereby
<br />seemed oz to the zeetoratioa or repair of the property damaged or ddtroped. Im scent of fomlosurc of thin
<br />mortgage, ar ether transfer of title to said property in ratinguishment of the indebtcdnsee eecurctl hereby, sll
<br />right, title, and interest of the mortgagor in and to any imvrancs goliciffi then is-force shall peas ten the
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered [or 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 of any part thereof;
<br />in the event oC failure of the mortgagor to keep the buildings on said premises and those erected nn asid
<br />premises. or improvements thereon, in good repair, the mortgagee may make auch repairs ae in its discretion it
<br />may deem necessary for the proper preservation thereof: and the full amount of each and every such payment
<br />shall be immediately due and payable and shall be secured by the lien of this mortgage.
<br />6. Ho-will net 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 this mortgage without the written consent of the mort-
<br />gagee; and further, he will krep and maintain the same (rre from the claim of all persona supplying labor or
<br />materials for cones ntction of any and all buildings or improvements now being erects<l or Io be erected on
<br />asid prrmises.
<br />i. He will not rent or assign any part of the rent of asid mortgaged property or demolish, or remove,
<br />ar substantially alter any building without the written consent of the mortgagee.
<br />j. All awards of damages im comnectiom with any condemnation for public use of or injury to auy of the
<br />- property subject to this mortgage are hereby oesigned and shall be paid to mortgagee, who may apply the
<br />sattra to payment of the installments Iasi due under said note, and murtgagesr is hereby authorized, in the
<br />name of the mortgagor, toezecute and deliver valid acquittances thereof and to appeal from any such awanl.
<br />k. Ths mortgages shall have the right to inspect the mortgaged premises at any reawtrable time.
<br />2, Tkfeult in any of the covegants or conditions of this instrwnenl or of the nuts or loan agreement secured
<br />hettehyshaH term~nate.the mortgagors right to possession, use, and enjoyment of the property, at the option o[ the
<br />mortgagee or hie assigns lit being agreed that the mortgagor shall have such right until default). Upon any such
<br />default, the mortgagee shall become the owner of all of the rents and profile accruing alter default as security
<br />for the imdsbtvtlrtess seerered hereby, wish the right to toter upon said property for the purpose of collecting auch
<br />rettU amd profile. This instrument shall operate as an-assignment of any rentals on said property to that extent.
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