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<br />1...17i. m.atge,.e oo.e.aatr aid agr+es as talla+ra:
<br />,,, ~,~ ~ y~rarptly pal the indebtedness evidenced by acid gromirory ame at the limas sad in the
<br />twice thtrai prayed
<br />~:.He wi4i pay-all m=ay-assssansash; w~aterratea, and.othergoveraesental-or mtmieipat'eharget~-6rssr-ar.>
<br />iesposf~laas fetr whirb provLim has mt Gem made hetreiahefore, sad will promptly deliver tl-e oiaal'receipm
<br />therefor m she said mortgagee.
<br />c. He will pay such expenses and fees ae may be incurred in the protection and maintenance of said
<br />property, including the fees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for forecloenre by mortgagee`s sale,. or court praceedfnga, or in any other
<br />Fitigation or preeeeding aRecting said premises. i.ttorneya' fees reasonably incurred in any other way shall be
<br />paid by themortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its etre-
<br />cessora or assigns, he shall execute and delivers supplemental mortgage oe mortgages covering any addidotu,
<br />improvements, or betterments made to the property hereinabove described : nd alt property aegnired by
<br />it after the date hereof (all in farm satisfactory to mortgagee). Furthermore, should mortgagor fail to cure
<br />any defanlt in the payment of a prior or inferior encumbrance on the property described b~ this inetrnaunt,
<br />mortgagor hereby agrees to permit mortgagee to cure such defanlt, 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 />terns and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any poetponernent
<br />or extetuion of the time of payment of the indebtedness evidenced by said promissory note or any part thereof
<br />secured hereby.
<br />f. He will continuously msintaiu hazard insurance. n( such type or types and in such amounts as the
<br />mortgagee may irom time [a time require on the improvements now or hereafter on said property, and
<br />will pay promptly w6~ dtu any premiums thereon=. All inattranee shalt be carried in c~tpanir acceptable
<br />m mortgagee and the policies and renewal thereof shall be betel by mortgagee sad h:ve attached therein
<br />for payable cloaca in Ea~or of and in form aceeptabk to the mortgagee. 7n event of loss, mortgagor will give
<br />imaaediate nntiee its writing to mortgagee, and mortgagee may make proof of loss if not made promptly by
<br />mortgippr, asd each imurantx company concerned i s hereby aathoriaed sad directed to make paytaeat for curb
<br />3or directly m mertgagx intaead of to mortgagor and mortgagee jointly, and the imarame proceeds, or any
<br />part thereof. may be applied by mortgagee at its option either to the reduction of the indebtedness 6eeeb7
<br />seemed ar to the rrmratioa or repair of the property damaged or destroyed. In Brent of forcelawre o[ this
<br />mortgage, or other transfer of title to said property in extinguishment of the indebtedtaer secured hereby, all
<br />right title, and interesR of the mortgagor in and to any itvurance policies then in force shall par to the
<br />pnrchaaer or mortgagee or, at the option of the mortgagee, may be surrendered [or a refund.
<br />g. He will keep all buildings and other improvements on said property in good repair and rnnditioa;
<br />will permit, commit, or au6er no waste, impairment, deterioration of said property ar any part thereof;
<br />is the event of failure of the mortgagor to keep the buildings on said premises and those erected on said
<br />premises, or improverttents thereon, in good repair. the mortgagee may make such repairs as in its discretion is
<br />may deem necerary for the proper presetration thereof; and the full amount o[ each and every such payment
<br />shall be immediately due and paysbk and shall be secured by the lien of this mortgage.
<br />h. He will not voluataeily create or permit to be created against thr property subject to this mortgage
<br />say lien or liens inferior or superior to the lien of this mortgage without the written consent at the mort-
<br />gages; and further, he will keep and maintain the same free from the claim of ail persons supplying labor or
<br />msuriakV for censtruetion of any and all bnildings or improvements now being erected or to be erected on
<br />said premises.
<br />:. He will not rent or assiE.n any part of the rent of slid mortgaged properly or demolish, or remove,
<br />or snbatanGelly alter any building without the wriuen consent of the mortgagee.
<br />j. All awarL of damages in oanneetioa with say eondtmnUion for public use of or injury to any of the
<br />prerporty anbjeet to this mortgage arc hereby assigned and shall be paid to mortgagee, who may apply the
<br />ramta`m prywrnto# ti~a iesullasewis tact due ender said note, and mortgagee is hereby authoritted, in the
<br />name of the mortgagor, to execute and delirer valid acquittances thereof and to appeal from any such award.
<br />k. The trws[pgee shafl have the right to inspect the mortgaged premises at any reasonable times
<br />:tt D~tw~lt,iisatly af. the eovenanta or MAd)tions of this instrument or cf the note oe loan agrrentenl secured
<br />lMlai~!~t#11.taraAFQ+~t4l~e,nt~prtg~or'acigbt:to poasewion, use, qqd enjoymenl.of the property, at the option of the
<br />s!! or his awi~:(it being agreed that the mortgrgor-shalt have such right until default). Lpon any such
<br />t#}[alt#1, the asor•t~ea shall becoasc the owner o[ all of the rents and profits accruing niter default as accurily
<br />ftpt~lita indebledstrs taxured hereby, with the right ta,. upon said property for the purpose o[ collecting such
<br />ra~taand prefjp.l'his instrument shalt operate as art tirsigaMtrnt oE.~ay rentals on said property tw that extent.
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