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<br />L The mortgagor eoreoanta and agaves asfaibw:
<br />: He will P~PV7 Pal ~ indebtedness evidenced by said promirory note at the times and in :he
<br />asams: therein provided-
<br />8. He will pay al! taza, atresrments, waxer rater, and other goreenmeatai or momcipal charges, fiasco, ~'
<br />imposftioae, far which provision hu rtot been made hereiabefore, and will promptly deliver the oflieiai reeeipb
<br />therefor to the said mortgagee.
<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 indebtedness hereby secured, or for forecloevre by mortgagee's Bale, or court proceedings, or in any other
<br />litigation or proceeding aRecting said premises. Attorneys' fees reasonably incurred in any other way sha116e -
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, iU suc-
<br />cessors or assigns, he shall azecute and deliver a supplemental mortgage or mortgagee covering any addi6one,
<br />improvements, or betterments made to the property hereinabove described :nd all property acquired by
<br />it after the date hereof (all in form satisfactory to mortgagee 1. Furthermore, should mortgagor fail to cure
<br />any default in the payment of a prior or inferior eneumbrance.on the property described by this instrument,
<br />mortgagor hereby agrees [o permit mortgagee to cure such default, fort mortgagee is not obligated eo do eo;
<br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />terms and conditions.
<br />r.. The rights created by this conveyance shall remain in Fvll force and effect during any postponement
<br />or extension of the time of payment o[ the indebtedness evidenced by said promissory note or any pan thereof
<br />secured hereby.
<br />J. Fie will continuoush• maintain hazard insurance, of such type or h~pes and in such amounts ae the
<br />mortgagee may from time to time require or. the improvements now or hereaiter nn said property, and
<br />will pay promptly when due any premiums therefor. All insurance shall be carried in companies acceptab~
<br />to mortgagee and the poGciea and renewak thereof shall 6e held by mortgagee sad have attached thezeW
<br />lose payable clauses in favor of and in form acceptable to the mortgagee. In event of loos, mortgagor will gire
<br />immediate notice is writing to mortgagee, and mortgagee may make proof of toes iE not made promptly by
<br />mortgagor, and each imurance compost' concerned is hereby authorised and dimted to make payment for such
<br />lass directly to mortgagee instead of to mortgrgor nod mortgagee jointly, and the imnrance proceeds, or any
<br />part thereof, troy ba applied by mortgagee at its option either to the reduction of the indebtedness hereby
<br />secured or W the restoration or repot: of the property damaged ar destroyed. In avant of farecloaure of this
<br />mortgage, or other transfer of tide to said property in ertinguishmeat of fhe indebtedcem secured botchy, all
<br />right' title, and interest of the mortgagor in and to any ituurance policies then is force shall pass to the
<br />purchaser or mortgagee or, at the option of the mortgagee, may 6e surrendered for a refund.
<br />g. He wii3 keep all buildings and other improvements on said property in good repair and condition;
<br />will permit, commit, or eu6er no waste, impairment. deterioration of said property or say part thereof;
<br />in the event of failure of the mortgagor to keep the buildings on said premises and those erected on enid
<br />premises, or improvements thereon, in good repair, the mortgagee may make ouch repairs as 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 'tmmediatety due and payable and shall be secured by rho lien of this mortgage.
<br />h. He will not volvntarily create or permit to be created against the property .+ultject to thin mortgage
<br />any lien or liana inferior or superior to the lien oC this mortgage without the written cot+annt n( the mort-
<br />gagee; and further, he will keep and rnuintain the same free from the claim of all perecme supplying labor or
<br />matcrinle for cametrua•tian of any and a71 buildings or impravemenla uuw being rreMal or to he erected on
<br />said premieea.
<br />i. He will mt rnu ur aeeign any pert of the rent of enid mortgaged property or demolish, nr remove,
<br />or aubetantielly alter any building without the written consent of the mortgagee.
<br />j. All awards nt demaµea in connection with any condemnation for public use of nr injury to any of the
<br />property sub}act Fa this mortgage are hereby assigned and shall he paid ro mortgagee, who may apply the
<br />same to payment o! the inelAllatenta last doe carder said note, and rnwtµaµee in hereby auWoriand, in rho
<br />name of the mongagoq to execute end deliver valid acquittances therroi and to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time.
<br />2. Default in any o! d+e covenants or conditions o[ this instnument or of the nwr or loan aµreen+cnt secured
<br />hereby elrall terminate the. mortgagor's right to possession, use, and enjocment of the property, at the option of the
<br />mortgagee or hie aseigua (it being agreed that the mortgagor shall have such right until default j. Ulwn any such
<br />default, the mortgagee shall became the owner o[ all of the rents and profits aceruing after default as security
<br />for the indebtedness secured hereby, with the right to enter upon said property for the purpose of collectioµ such
<br />yeah and profits. This instrument shall operate as an awigamnet of any rentals on said property to that extent.
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