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<br />L The mortgagor eovenaah soil agrees a foIIowa:
<br />a. He will promptly pay the iadebtedoer evidenced by aid ptmiswry Doti at the times and in the
<br />maooer thensia provided
<br />6. He will pay all rases, aramaments, waur zatea, and otTmer goverommul or mtmicipal ehargtn, fine^, oe^
<br />impoaitiona, fof whie6 provision ha not bees made hereinbefoee, and will promptly deliver the Diciest zeoeipu~
<br />therefor to the said mortgagee.
<br />c. F[e will pay Hoch expenses and fees as may be incurred in the protection and maintenance of aid
<br />property, including the fens of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby eecured, or for foreclosure by mortgagee a seta, or court proceedings, or in any other
<br />litigation or proceeding affecting said premises. Attorneys' fees reaeonabty incurred in any other way ehaA be~
<br />paid 6t' the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, ile we-
<br />ceeeora 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 :.nil all property acquired by
<br />it after the date hereof (all in form satisfactory to mortgagee). Furthermore„ should mortgagor htl to cure
<br />any default in the payment of a prior or inferior encumbrance on the property described by this instrument,
<br />mortgagor hereby agrees to permit mortgagee to corn such defanlt, but mortgagee fe not obligated to do ao;
<br />and such advances shall become part of the indebtedness essences by this instrument, subject to the same
<br />terms and conditions.
<br />«. The rights created by this conveyance shall remain in frill force and effect during any postponement
<br />or ex[eneion of the time of payment of the indebtedness evidenced by auitl promissory note or any part thereof
<br />secured hereby.
<br />J. He will continuously maintain hazard insurance, n! sorb type or types and in Bach amounts ae the
<br />mortgagee. may from time to lime require on the improvements now nr herraftrr nn said property, and
<br />will pay promptly when due any premiums therefor. All iwnnoce shall be carried is companies aceepuble
<br />to mortgagee sad the policies and renewals thereof shall be held by mortgagee and have attaebed thereto
<br />loss payable clauses is favor of and in farm acceptable to rtes mortgagee. In event of loses, mortgagor will give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof of loess if not made promptly h7
<br />mortgagor, and raoh iauraoce company concerned is hereby authorised and directed to make payment for web
<br />for directly to mortgagee instead of to mortgagor and mongagea jointly, sad the insurance proaedl, or any
<br />part themttf, map Fin applied by mortgagee ai its option aithar to rtes raduetion of the indebtedaas harsby
<br />secured or to the rrtontioa or repair of the property damaged or datrored. Ip event of foreclowre of this
<br />martgage, ar other transfer of title to said property in extinguishment aF the indebtedness secured bereby, all
<br />rig64 title, sad iaterxmt of the mortgagor in soil to any inuurance policim then in force shall par to th0
<br />purcbaeer or mortgagee ur. at the option of the mortgagee, may be eurrendrred for a refund.
<br />g. He will keep all buildings and other ingrrovnmrntn ou said property in good repair and condition;
<br />will permit, commit, ur Huffer no waste, impairmeah deterioration of Hai+l prnp«rty or any part themof;
<br />in the event of failure of the mortgagor in keep the buildings tin said premises and thuen erected on aid
<br />premieen, or improvemantn Ihrrean, in good repaiq the nurrtgngee. may make such mpairs a^ in its discretion it
<br />may Deem nerr^sary far the proper preservation thrreoR and the toll amount u[ each and every such payment
<br />shall he inrmediatnly due and payable and shall lie xecurnd by the lien of this mortgage.
<br />h. He will not volmrWrily create or (rarmirt to be secured against the property .object to this rnortgaga
<br />any lieu or lien.. inferior or superior ur rtes lino of thin mortgage without the written [mrsrnt of the moth
<br />gagre; and further, hr will keep and maintain den some free from the claim of all persons supplying labor or
<br />nrutnriuh for rauslrurtion of any tins all baildinas or iugmrvrmruts now hank errMrd or to ire erretrd on
<br />said prrrnisee.
<br />i. Hr will nut rent or arign am• part of tltr rent of nail mortgaged property or d«moh^Ir, or rnmov«,
<br />or suMtanlially alter any huildinq without the wriltnn consent of the mortgagee.
<br />j. All aw~a[da of damattcs in r~rn.r«rtioa with any eondrmnatiun for puhhc use of nr injury to any of rtes
<br />property subject w this nturtftuK« are hereby ara+igrwd and steal) tee paid w murtgug««, who neat' apply rtes
<br />lama CU payment o! the in^ullmrata last due ur+der said Hula, and nurrtqugne is hereby nuthurixed, in the.
<br />Hume of the mortgagor, to uxncute and deliver valid acquittuncr+ thereof tins 1+. appeal Cram any .reels awanl.
<br />k. The rnurtgagee shall have the right to in.peer the mortgaged Ivemisnx at tiny realanable time
<br />Z. Default in any of the covenants or conditions of this in»trumrnt nr of the nuts nr Ivan agreement s«eurrJ
<br />hereby shall ternrinute the nrortgagor'a right to possewioa, usq and nnjoymant of Ihr pnrlterh', at the option of the
<br />mortgagee or his arigns lit being agreed that the mortgagor shall buys such right until dnfaultl. Upon any such
<br />defau$. the mortgagee shall become the owner of all of the, trots and profits nrcntinq steer defauh as xrrurity
<br />for-the igdebtedtits^ secured hereby, with the right to aster upon said prol,rrty for the purpose of +ro11ar1inq such
<br />rrrb and profile. This indrumrnl shall operate as an arignment of any rmriule on aid properly to that extent.
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