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$~-' ~~4533 L The t®ortBagor eovmaab atad ~geom at follows: a. He will pmmptlp pap the indebtedtter evidenced by said promirory ante at the rimes sad in the matttnest therein-provided 6. He will pap all razes, asaes®mts, water urea, and other goveeamentrl or metazidpal eharpee, firrt'ti ffi impodtiom, for which provroa has not btten made hereinbefox, and will ptomptlp deliver the oESeial retapb: therefor to the s+tid mortgagee. c. He will pay such expenses sad fees as may be incurred in the protection and maintenance of said property, including the fees o[ any attorney employed by the mortgagee for the collection of any or all of the indebtedness hereby secured, or for foreclosure by mortgagee's sale, or court proceedings, or is any other litigation oz praeeeding aRecting raid premises Attorneys' fees reasonably incurred is-any other way shall be paid by the mortgagor " d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its eve ceasore or assigns, he shall execute and deliver a supplemental mortgage or mongagm covering any additioae, improvements, or betterments made to the property hereinabove described : nd ail property acquired by it after the date hereof (all in torm satisfactory to mortgagee). Furthermore, should mortgagor fail toeure any default in the payment o(a prior or inferior encumbrance on the property described by this instrumea4 mortgagor hereby agrees to permit mor:gagee to cure such detaul4 but mortgagee is not obligated to do so; and such advances shall become par[ of the indebtedness secured by this instrumen4 subject to the same terms and conditions. e. The rights created by this conveyance shall remain in full force and eBect during any postponement or extension of the time of pacmen[ of the indebtedness evidenced by said promissory note or env part thereof secured hereby. (. He wil! rontinuousk maintain hazard insurance, of such type or types amd in such amounts ae the mortgagee mac from time to time require on the improvements now or hereafter on said property, and will pay promptly when due any premiums therefor. All inaetranee shall be carried in companies actxptable to mortgagee and the policies aad renewals thereof shall be held by mortgagee and have attached theroto lass payable clauses in Favor of aad in form acceptable to the mortgagee. In event of lase, mortgagor will give immediate notice in writing to mortgagee, and mortgagee may make proof of lose iI ~t made promptly by mortgagor, and each insurance company concerned is hereby authorized awd directed to make payment for enclt loos directlp io mortgagee instead of to mortgagor aad mortgagee jointly, and the imuranee proceeds, or enp part thereof, may be applied by mortgagee at its option either to the reduction of the indebtedneea hereby secured or to the r. otoratioa or repair of Ilse property damaged ar destroyed. fa : vent of Foreslsxure of the mortgage, or other transfer of title io said property in extiagviahment of the indebtedae~ se€u.-mil her~bg, all righ4 title, and iatereet of the mortgagor in and to any imuraace policies then in force shall pass to the purchaser or mortgagee or, at the option of the mortgagee, may be eurreodered for a refund. g. He will keep all buildings and other improvements on said property in good repair and condition; will permit, commit. or suRer no waste, impaicmen4 deterioration of said property ur any part thereof; in the event of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or improvements thereon, in good repaiq the mortgagee may make each repairs as in its discretion it may deem necessary (or the proper preservation thereof; and the full amount of each and every such payment shall be immediately due and payable and shall be secured by the lien o[ thin mortgage. h. He will not yaluntarily create or permit to be created against the property subject to this mortgage any lien or liens inferior or superior to the lien of this mortgage without the written ronsent of the mort- gagee; and Anther, he will keep and maintain the same free from the claim of all persons supplying labor ar materials for ronstneclion of stn' and all buildings nr impnn-ements now being erected nr to be erected on said premises. i. He will net rent or assign any part of the rent of said mortgaged property or dmnolinb, or remove, or eubetantially alter any building without the written ronsent of the mortgagee. j. All awards of dnmages in comeection with any condemnation for public use of ur injury to uuy of the property subject to this mortgage are hereby unsigned amt shall be paid to mortgagee, who may aplily the came to payment of the itsstalhnenta last due under said note, and mortgagee is hereby authorited, in the name of the mortgagor, to execute mad deliver valid acquittances thereof and to appeal from cony such award. k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time 2. Default in any of [he covenants or conditions of this instrument or n( the note or loan agreement serured hereby shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the mortgagee or hia assigns (it being agreed that [he mortgagor shall have xuch right until default 1. Iipon any such defaol4 the mortgagee shat[ become the owner of all of the rents suet profile accruing after default ae security for the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such rears end ~rofipt•,~Itis}rsp{rprnent shall operate as an assignment of any rentals on said property to that extent. - E"~iEnl s;