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<br />1. The mortgagor coymaau sad apses a follotsa:
<br />a. He will prompily pay the indebtedner evidenced by acid promiroq note a the time and in the
<br />manner tberein provided
<br />b. He will pry all taw, areaamenta, water area, and other governm®ta1 or municipal ebaEasa, bas, or .
<br />impsitiona, for which provision hs not been made bereinbefora sad will ptomptlT deliver tha af&eEd tteeeipb -
<br />therefor m the said mortgagee. -
<br />r. Fie 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 (or the collection of any or all of
<br />the indebtedness hereby secured, or for ioreclosure by mortgagee a sale, or court prorxedinge, or is any otber
<br />litigation or proceeding affecting said premirass. Attorneys' lees reasonably incurred in any other way sluII 6e
<br />paid by the mortgagor.
<br />d. For better eecurity of the indebtedness hereby secured, upon the request of the mortgagee, its wc-
<br />ceasora or assigns, he shall execute and deliver a enpplemental mortgage or mortgage6 covering any additioua,
<br />improvements, or betterments made to the property hereinabove described :nd all property acquired by
<br />i[ after the date hereof (all in corm xatis(actnry to mortgagee). Furthermore, should mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance on the property Described by this ioatromen4
<br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so;
<br />and such advances shall become part of the indebtedness secured by this inatntment, subject to the same
<br />terms and cooditione.
<br />r. The rights created by this conveyance shall rrtmain in full force and effect during any postponement
<br />or extension of the time of payment of the indebtedness ryidenmJ by sail promisson• note or any pan thereof
<br />secured hereby.
<br />J. He will continuously maintain hazard insu ranee, a( such type nr types anJ in ouch amounts as the
<br />mortgagee may (rmn time to time require on the improvements now or hereafter nn said property, and
<br />will pay prompily when due any premiums therefor. All imarance shall be carried in companies acceptable
<br />eo mortgagee and the policies and renewa4 thereof shall be held by mortgagee and have attached tltenm
<br />tar pagabte clatrem in favor of and in form acceptable to the mortgzgee. In event of tor, mortgagor will give
<br />emmediate notice in writing to mortgagee, and mortgagee may make proof of Ittr ii not made ptompily by
<br />mortgagor, and each imurance company roncernad is hereby authorize) and directed to make payment for suds
<br />lass direetlp w mortgagee ittatead o! w mortgagor and mortgagee jointly, and the inatuaae proceeds, or any
<br />pzri thereof, maq be applied 6y mortgagee at its aption «iher to Ot« reduction of the indebtedner hereby
<br />assured or to the resmralion or repair of the property damrged or destroyed. la event of [orec[snre of this
<br />mortgage, or other trenafer of title to said property in extinguishment of the indsbtrdaer assured hereby, all
<br />rigb4 title, end interest of the mortgagor in and to any ituurance poliein then is furee eba11 par to the
<br />purcbaser or ntortgngee or, at the option of the mortgagor, ntay be surrendered for a refund.
<br />g. He will kelp all buildings and other improvem«ms on said prapeny in good repair and condition;
<br />will permit, commit, or suffer no waste, impairment, deterioration of said propene or any part thereof;
<br />in the event of failure of the mortgagor to keep the buildings an said premises and those erected na said
<br />premises, ur improvements thereaa, in goof repair, the mortgagee may make aurh repairs as in its discretion it
<br />may deem necessary for the proper preservation thereof: and the full amount of each and every such paymant
<br />shall be immediately due and payable and shall rte secured by the lien of this mortgage.
<br />h. He will not voluntarily create or permit ut 6r croateJ against the property subjavot to this mortgage
<br />any lien or liens inferior or au parlor to Ore lien of this mortgage without the written ronernl of the mort•
<br />gages; and further, he wilt keep and muiutain the, same frro from the claim ui all Itorxtns supplying labor ur
<br />malrrials far a<mstruction o[ any and all huOdirrss or impnrrmrnts now being rrerlyd or to Fte erects) on
<br />said premises.
<br />i. lie will nut rent or arign any part of the rent of said mortgaged property ar demolish, ur remove,
<br />or sulwtantially altar arty building without the. written roneent o(the mortgagee.
<br />I. Ait awards of damages in eomtertioa with any sondornuatian tar pubhr use, of ur injury to any of the
<br />property su6jest to frets mortgage are harebv aaaig tt«d and shall Its paid to martgag«s, wha they apply efts
<br />aartte to parmant of the itratallmante last dos under aaiJ note., anti rnoregags« is h«rcby authorised, in the
<br />Hams of the ntongagor, to rxrcute and deliver valid acquittances Ihoreof and to uppral Prom any sash award.
<br />k. The mortgagee shall have the right to impoct rho mortgaged promisor at any ressatable um«~
<br />2 Default in say of rho covenants or conditions of this instrument or of thn note or loan agrceneent necurrd
<br />hereby. atoll tsrminute the mortgagur'x right to possession. ore. and enjoyment of the property, at the option of the
<br />mortgagee. or his assigns lit being agreed that the mortgagor shall have aurh right until Default). Upvn any such
<br />tkft-nFt, the mortgzgee shall become the owner of all of the rents and profits accruing after defauh as sccurih~
<br />f~ ltte indebtedness secured hereby. with the right to enter upon said property far the purpose ni collecting snc}r
<br />testa and profib. 'Phis instrument eha1T operate r an arigtrment of any rentals on said property to that exten6
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