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<br />1. The,nortgagor cot®mb send agrees n feDowa:
<br />a He will promptly pay the indebtednew eridmexd by said pretmiaaory note ai the limo and in the
<br />ruanner themfa provided
<br />b. Ht: will pay all taus, aaadamente, water ores, and other governmeaUl or mmoieipal charges, 9near a •'
<br />imptritiotry foe which provision has not been made hereinbefore, and will promptly deliver the official eeeeipb~ -~
<br />ilterelor to the said mortgages.
<br />c. lle will pay such expenses and feee ae may 6e incurred in the protection and maintenance of said
<br />property, including the feee of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or [or foreclosure by mortgagee's sale, or court proctedinge, or io-aay other
<br />litigation or proceeding affecting said premises. Attorneys' fees reasonably incurred in-any other way shat! be
<br />paid by the mortgagor.
<br />d. For better eecurit}' of the indebtedness hereby secured, upon the request of the mortgagee, its pun
<br />ceeeore or assigns, he xhali execute and deliver a supplemental mortgage ar mortgages covering any additions,
<br />improvements, or betterments made to the property hercinabove deecri6ed : nd all property acquired by
<br />it after the date hereof (all in form satisfactory to,mortgagee). Furthermore, should mortgagor Fail to cure
<br />any default in the payment of a prior or inferior encumbrance on the property dewribed by this instrtunenq
<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 thin instrument, subject to the came
<br />terms and conditionx.
<br />r. The rights created by this conveyance shall remain in full tutee and effete during any poet ponement
<br />or eztenaion of rtes time of payment of the indebtedness evidenced by said promisxorv note or any pan thereof
<br />secured hereby.
<br />j. He will continuously m;unnrin hazard insurance, of such type or types and in xueh amounts as the
<br />mortgagee may from time to time require oa the irnpnwements now or hereafter on sAld llrnpenV, and
<br />wiD pay promptly when due any premiums therefor. All iwurmce shall be carried in ewmpaain aexep[abk
<br />to mortgagee and the policies and renewals thereof shall be Geld 6y mortgagee and have attached thereto
<br />toes payable claoaea io favor of and in Corm aecepuble to the mortgagee. In event of loan, mortgagor will give
<br />immediate native is writing to mortgagee, and mortgagee may make proof of Iwo if trot made promptly by
<br />mortgagor, and each ineuraace company caaexrned is hereby authorised and directed to make payment for web
<br />loan directly to mortgages ioatead of to mortgagor end mortgage jointly, and the inerrrmtx preeeeds, or my
<br />part thereof, may be applied by mortgages at its option either to the reduction of the indebteedner hereby
<br />aecursd ar to the rrArtataton or repair of the property damaged or ddtroyed. In event of forselawn of thL
<br />mortgage or other transfer oC title to aid property in extinguishment of the indebtcdtraaa,eecured hereby, all
<br />rigbt, title, and interest of the mortgagor is and to any insolence policies then in force shall pees to the
<br />purrhasrr nr mortgagee or, ut the option of the mortgagoc, may be xurrcmfrred for a refund.
<br />x Hr will keep all buildings and other improvements on eafJ proprrh• in good repair and condition;
<br />will permit, commit, ur xulfer nn waste, impairment, detcriorati<m of raid property or any part thereof;
<br />in the tarot of failure of the mortgagor to keep the buildings on said pmmisex and thoxe erected an said
<br />premixr~ or inrprovrmrnta thereon, in good repair, the mortgagee may make each repairs as in its discretion it
<br />may Berm nrerasary for the proper preservation thereof; and the foil amoant n(rarh and every each payment
<br />xhall tx immediately due and payable and shall be xerured by the Lien of thix mortgage.
<br />h. He will not voluntarily create nr permit to br created againxt the property subject to this nwrtgsgs
<br />any lien or lirnx inferior ur xuperior w the Tien of thin rnortgage without the wruten aruaent of the mort•
<br />gages; and further, hr well keep and maiutuin Ihr some free (mm the claim of all prrwns xupplying labor or
<br />materiulx for toner nrrtiun of am and all buildings or inymnrnrrntr now bring crenrd or to hr erected on
<br />said premiere.
<br />i. Hn will not rant ar axxp:n any pan of the rent of raid mortgaged property or drmolfeh, or remove,
<br />or xulatantialty alert ant hutldiug without Ihr wriUrn ruuxrm of the mongagrr.
<br />j. All awards of damages in connection with nay eandrmnalion for puhlir use of ur urjurv to any of the
<br />property subject to thin mun{tage sea hereby urxrgnrd and shall Feu paid to nnulgagrr, who may apply the
<br />rums to payment of the inatallansnis laxt dun under raid note, sad tnortgagnc is hereby authurira:t, in the
<br />name of 16e nmrtgagor, u, rxrrwe and drliyer valid a«Iuillanrrs thereof and to appeal from env xueh award.
<br />k. 'I he mortgage shell have the right lu irupect the mortgaged premis a at arty reammable time.
<br />2 Default in any of the rovmtnnle or ronditiane n! this inxtrnmrnt or of the nme nr loan agreement xecured
<br />hereby alrall terminate the mortgagui x right to poxxeweion. ass, and enjoyment of the pngrrrt ~', at Ihr option of the
<br />mortgagee ur hie assigns (it being agreed that the mortgagor shall have each right until default). tipun any xueh
<br />defauh, the maetgagero shall become the owner of all of the rents and profitr uccnring after default ax xcurity
<br />for the indebtedness secured hereby, with the right to enter upon said proprny for the purpose of collecting each
<br />,tenu and profits. 'Chia iwlrumrnt shall operate as en sasignmont of any rentals nn sard property to that extent.
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