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<br />80- ~o~ss
<br />L. The mortgagor coveumts and sgreee as follows:
<br />a He will 2romptly pay the indebtedner evidenced by said promirory note rt the time and in the
<br />manner therein provided
<br />b. He will pay all fazes, areaemmts, watts rates, and o$er governmental or municipal charges, tiaseq or
<br />impoaitiova, for which provision has sot been made hereinbetore, and will promptly deliver the oieialreroipb
<br />therefor to the said mortgagee.
<br />c. He will pay such expenses and fees as may be iueurred in the protection and maintenance of said
<br />property, including the tees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or foe forrcloaure by mortgagee's sale, or court proceedings, or in any other
<br />litigation or proceeding affecting said premises. Attotneye' fees reasonably incurred in any other way shall be
<br />paid 6y the mortgagor.
<br />d. For better eecnrily of the indebtedness hereby secured, upon the request of the mortgagee. ils suc-
<br />ceasora or assigns, hr shall execute and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereina hove described :nd all property acquired by
<br />it after the date hereof loll in form satisfactory to mortgagee). Furihermurr, should mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance on [he property described 6y this instrument,
<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 inetntmen4 subject [o the same
<br />terms and conditions.
<br />~. The rights created by this conveyance shall remain in full force and effect during am~ postponement
<br />or extension of the time of payment of [he indebtedness eridenmd by said promissory note nr env part thereof
<br />secured hereby.
<br />f. He will continuously maintain hazard insurance, of xuch h~pe nr types and in such amounts as the
<br />mortgagee m:n~ From time [o time require nn the improvements now or hereafter nn raid property, and
<br />will pay promptly when due any premiums therefor. Al! insurance shall Le carried in companies ameptabk
<br />to mortgagee and the policies and mnewals thereof shall be held by mortgagee and have attached thereto
<br />lace payable clauses in favor of and io form acceptable to the mortgagee. [o event of foss, mortgagor will give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof of for if oot made promptly by
<br />mortgagor, and each inuurance company concerned is hereby authorized and directed to make payment for such
<br />lose directly to mortgagee iaatead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any
<br />part thereof, may be spplied by mortgagee st its option either to the reduction of the indebtedness hereby
<br />secured or to the emtoretiun or repair of the property eiamaged ar destroyed. In event of foreclosnro of this
<br />mortgage, ar other transfer of title to said pmperzy is extiaguiahmeatt of the indrbtedrrem setatred hemp, ail
<br />right, title, and interest of the mortgagor in and to any insurance policies then in force shalt par to the
<br />purchaerr nr mortgagee or. at the option of the mortgagee, may 6r. xurrendercd fur a refund.
<br />g. He will keep all buildings and other improrrmente nn said preprrty in good repair and condition:
<br />will prrmiq commit, or suffer nn waste, impairment, deterioration of said pmprny ur any part thrmnh
<br />in the rcrnt of failure of the mortgagor to keep the buildings on xaid prenuxex and those erected on aid
<br />premises. or irnprnyrmrntx thereon, in good repaiq the mortgagee may make xuch repairs ss in itx discretion it
<br />may deem nrressarv for the pn,per preservation thereof; .nul the toll amount of each and every such payment
<br />shall be inrmrdiately due :rod pavabfe and shall be secured h.' the lien of thin mortgage.
<br />h. fir will not vntuntarily create ur permit to tee created agaitrel the property subject to Brix murtgagr
<br />env lien or liens inferior or superior to the. Iirn of thix murtgagr without the written consent of the mort•
<br />gager: mnl further, hr will keep and rnuinmin the same free from the Maim of all prrwnx xuppA•ing labor ur
<br />materials fur ~•mtatnu•eion u( env wed :JI buildings nr iny,ravrnu•nts now bring emctrd nr p, hr erected un
<br />xaid pmniarx.
<br />i. He will nut rent nr assign any part of the rent of said mortgaged pmprrn~ or demolish, or romovr,
<br />or +ubstmttiully alter any building without the written consent of the mortgagee.
<br />j. All awards of damagex in connection with unv condrmnattun fur public uxr of ar injarv to any of the
<br />property subject to this mortgage err hereby assigned and xhull br. paid to mongagee, who may apply the
<br />same to payment of the installments last Jue under said uure. and rm,rtgager is hereby uuthurised, in the
<br />name of the mortgagor, to execute and deliver valid ueyuitimrcre tlterruf :rod to appeal from any xuch award.
<br />k. The mortgagor shall have the right to inspect the mortgaged promises :u ;ury masonable time.
<br />2. Default in any of the rnvenunts or conditions n( this instrument nr of the note or loan agreement xecured
<br />hereby shall terminate the mortgagor's riglu to possession, axe, and enjoymonl of the property, at the option of the
<br />mortgagee or his assigrrs lit being agreed that the nrongagur xhall hove such right mail defaulU. l!poa any xuch
<br />default, the mortgagor. shall become the owner of all u( the mots and pnrfitx aecnring alter defnuh an security
<br />for the indebtrdneae xentred hereby, with the right to enter upon xaid property for the purpuxe of collecting each
<br />roan and profits., T tp f(tst 1Qrent shall operate ae an aaxignmvnt of arry rentele on said property to that a:tent,
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