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8Q-~: U05040
<br />1. 17ta awt~r aaaaraals seed ugteas r fiiMsat
<br />~ ~ f~p~T W7 the idae6eedaer evidenced bT said proaairrary note at the tftoe. tread is tits
<br />tntarrtar tltateav ~~.:~.+
<br />b. Se tn"It laT: ~ tttasy ara.taaeaen, watas'ratas, and atLer tat er munieipat ebrrdes~.ldeass,:oE
<br />iJri~wbislr proviaiea bas east bats aside beraia6eforo, and w;Il. prraptly deliver t~:a6dd rsodpas--
<br />tharetor to tie,.id mort~ee.
<br />c. He will pay such expeneee and tees as rosy 6e iucutxed in the protection and maintenance of said
<br />property, including the fees of any attorney employed by the mortgagee Eor the collection of any or all of
<br />-the- indeMedtser hereby secured, or for foreclosarc by mortg:gxc'e Bale, or court proeeedinge, or ie any other
<br />litigatim er proceeding affecting said premieea. Attorneys' fees reasonably irtcurred in any other way shall be
<br />paid by she:tasrtgagrtr.
<br />d. For better security of the indebtedner hereby secured, upon the request of the mortgagee, its seta
<br />cessots or asdga0. he shall execute and deliver a supplemental mortgage or mortgagee covering anp additions,
<br />improvetaenta, or betterments made to the property hercinabove described :nd all property acgafred by
<br />it after the date hereof (all in forts aatisfaetory to mortgagees. Furthermore, should mortgagor fail to cure
<br />any defioit in the payment of a prior or inferior encumbrance on the property described by this ins .amen;
<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 instrument, subject to the same
<br />terms and wnditiorts.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement
<br />or extension of the time of payment of xhe indebtedness evidenced 6v said promissory note or any part thereof
<br />secured hereby.
<br />f. He will continuously maintain hazard ineuranec, of such type or types and in such amounts as the
<br />mortgagee may from time m time require on the improvements now or hereafter on said property, and
<br />will pay promptly when d»e any premiutm tbeeetor. X11 inwrattaa .haU 6e carried in companies aeoeptabk
<br />to martpgett and the policie and renewa6 thereof shad be heed by mortgagee sad have attached thereW
<br />lam payable looses in favor of and in form aoceptabk to the morttaaee. In event ttf lots marigit¢ot will giro
<br />immediate stetirs is writing ip aortga6ee, sad tswrtga6ee may make proof of for if not made promptly by
<br />mertgtyar, sad eadt iatsatatstx eompasy coatxraed is hereby attthoriaed sad dimted to make paytneot for each
<br />hero ditettly to mort~ee instead of w mortgagor and mortgagee jointly, and the ittatsranee proceeds, or say
<br />part tlttaeai say be applied 6y mortgagee at iu optics either tr the redttetion of the indebtedness 6ersby
<br />aaaatad oc to the tstoratioa or repair of the property damaged or destroyed. Ia event of foreehtasue of this
<br />mortgage, ar other trader of title to said property in a:tinguiahntent of the iedebtedaeas aeeared hereby, all
<br />ri66; title, sad interest of the tsortgagor is sad to say iasarann policid then is tozce shall par ti the
<br />purchaser or mortgagee or, ai the option of the mortgagee may be surrendered for a refund.
<br />R. He will keep nll buildings and other improrcnunu on said property in good repair and condition;
<br />will permit, eommi4 or au8tr tto wade, impairment, deteriontion of said property or soy part thuco(:
<br />is the crest of failtue of the mortgagor to kip the buildings on said premieee and those erected on said
<br />premises, or imptovettxnts thFreaa, in good repair, the marlt[ages may make such repair. as is its discretion it
<br />may deem necerarv for the proper preservation thereof: sad the fuel amount of each and rvery each payment
<br />shall be immediately due and payable sad shall 6e secured by the lien of this mortgage.
<br />h. He will sot votaataritr create or permit to bt ere:red against the property wbject [o this mortgage
<br />say tien or liew iaferios or superior to the lien of Ibis mortgage without the written consent of iht mort•
<br />gager: and. further, he will keep sad maintain the same free from the claim of all persona supplying labor or
<br />nsaterials Ior rnaatruction of ear and all buildings or improvements now being erected or to be erected on
<br />acid premises
<br />i. He will nw rent ar assign aav part of the rent of said mortgaged property or demolish, or removy
<br />or sttlatstial~- alter any buiktiatt without thr wrtten consent of the mortgagee.
<br />j. AU awatrtbt of damages is coaneetioa with any condeautrstion for public use of or injury to mr of the
<br />~apatet# aoLject to tlsis:asort;age are hereby assigned sad shall be paid to mortgagee, who may apply the
<br />sans. sir payaseat.af the iaatilk~sais last disc user said note, sad martgager is hereby auUtoriaed, is the
<br />tune of the mortgagor, to eateute sad deltver valid acquittances thereof and io appral from any such award.
<br />k 'Lbie mortgages shall have the right to iaapect the mortgaged premises at say reasonable time.
<br />{~,,-.,-.,~~~,.,(~~~rMr>f4-in.._aw} ~oL.itte aot~dsattU or eonditiotts of this inatrum-nr or et thy. note or loan agreement seca+red
<br />•... i •4~r(IaRIt~WS~ slue ~o~ui~rt~a~{,Or a r~ltt {O p0%etitpn, uat„ and enjoyment of the property. at the option of the
<br />ar Iris aisi6os lit being agreed that the mortgagor shall have such right until default}. Upon any such
<br />dtthttM. eke roortgarRee shall beeoape the owtser of all of the rears sad profits accruing after default as security
<br />fisntlttr iwdritedara accessed hereby, with the right to;r, ppoa said proprrty for the purpoar. of collecting such
<br />.sates ..d pradir-, Tlsia uatrareat shall operal+t a. as ariyaastnu oi,apy.rentais an said property io that extent.
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