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<br />1. 74u mv~oa ~ a5tear a tolhrn t
<br />~ ~ will P~PVy W7 the indebtedner evidenced by said promirory note at the lima sad is the
<br />lasers t~eraa providttd
<br />6. ;He will'!a7 aU tattas, arasaaear, wars rates, and other goversammtal or maniciPal'ahar6er. Snea.•or
<br />iat~sttMiaaa, f~ wL'teh praslien Itaa oat-Lean made lmteiabeforr, and will pt~ptlg deliver ills oiiritt[->:eeeipta
<br />thnefs to the aced mortgagee.
<br />c. He will pay such expenses and fees as may be incurred in the protection and maintenance of said
<br />property, including the fees of an}' attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hexby secured, or (or foreciosare by mortgagee's Bale, or court proceedings, or in any orbs
<br />litigation or proceeding affecting said premises. Attorne}-e' fees reasonably incurred in any other way shall be
<br />paid by the mortgagor.
<br />d. Far better security of the indebtedness hereby secured, upon [he request of the mortgagee, its sun
<br />reason or assigns. l:e shall execute and deliver a supplemental mortgage r mortgagee covering any additions,
<br />improvements, or betterments made to the property hercinabove described : nd all property acgnircd by
<br />it alter the date hereof [all in form aatiafactory to mortgagee). Furthermore, should mortgagor fail to cure
<br />auy default in the pa}'meat of a prior or inferior encumbrance on the property described by this instrusaent,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, bat mortgagee is not obligated to do so;
<br />and snob advaneea shall become part of the indebtedness secured by this inatrumen4 subject to the same
<br />terse and conditions.
<br />e. 17se rights created by this conveyance shall remain in full force and offset during any postponement
<br />or extension of the time of payment of the indebtednes evidenced by said promissory note or any part thereof
<br />sccttred 6ercbv.
<br />j. He will continuously maintain hazard insurance, of such type or types and in such amounts as the
<br />mortgagee may (eon; time t,; time require on the improvements now or hereaieer on said property, sad
<br />vrill Wy Pmmpdr when dt:a any presaituns therefor. All isanranee shall be carried in companies atveptabk
<br />to mortgagee and the polia_as- end renewa4 thereof shall be held by tortgagee and Gave attached thereto
<br />tar payable cLttsn in favor c s and is form aeeeptable to 1te mortgagee. In event of tor, mortgagor w ill give
<br />immediate unties in writing to mortgagee and mortgagee may make proof of tar if not made promptly by
<br />, and sash insvrance company coneeraed i s Leteby autboriaed and directed to make payment for sue6
<br />for diraetlg to mortgagee instead of to mortgagor and mortgage jointly. and the inaarauee prooeedy or say
<br />part dtereo[, may be applied by mortgagee at in optiaa either to ebe redaction of the iudebtet!ner hereby
<br />aeeairod or b the reatontioa ar repair of the property damaged or destroyed. In event of foteetaaare of this
<br />mortgage, or otl.er eranafer of title to said property in extinguishment of the indebtedner secured hereby, all
<br />right, title, and interest of the mortgagor in sad to any ioatuance policies then in force shall par to tLe
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund.
<br />g. He will keep all buildings and other improvements on said property in good repair sad tondidon;
<br />wit[ permit, commit. or suffer no waste, impairment. deterioration of avid property or any part thereof;
<br />is the event of failure of the mortgagor to keep the buildings no said premises and those erected on said
<br />pnmises, or improvements thereon, in good repair, the mortgagee may make such repairs as is its discreteon it
<br />may deem necessary far the proper preservation thereoi; and the foil amount of each and every such payment
<br />shall be immediately dot and payable and shall be secured by the lien of this mortgage.
<br />6. He will not voluntarily create or permit to be created against the property subject to this mortgage
<br />any lies or lions inferior or superior to the lien of this mortgage without the written coaxer of the mort-
<br />gaRee: and further, he will keep and maintain the same tree from the claim of all persons supplying labor or
<br />wteriab for coostruetion of any and all buildings orsmprovementa now being erected or to be erected on
<br />said premises.
<br />i. He will not tent or assign any part of the rent of said mortgaged property or demolish, or remove,
<br />ar auLstaatially alter any baiiding without the written consent of the mortgagee.
<br />j. All- awards of damat[ea in connection with any condemnation [or public use of or injury to any of the
<br />pmpexiy sabjeet to this mortgages are hereby cosigned and shall be paid to mortgagee, who may apply the
<br />sasae to payment of the itWl;llsasnta last doe under said note, and mortgagee is hereby authorised, in tht
<br />name of the mortgagor, to execute and deliver valid acquittances thereat and to appeal from any such award.
<br />k. 7'he rortgagee stall have the right to inspect the mortgaged promisee at any reasonabk lima.
<br />2. llefaull ia,atay aJ ihccoveaaats or conditioru of th» irrotrnment or of the note or loan agreement secured
<br />hreirl',~4d1 teeweuate the mortgagor s right to possession, use, and enjoyment of the property, at the option of the
<br />mset~gee vi his aasigsw (et being agreed that the morig:gee shall have such right anti) default). Upon any such
<br />deianh, the tnori6agee shall become the owner of all of the rents and profits scenting after default as security
<br />toethe-indebtedner secured Merely, with the right to enter-.upon said property foe the purpose of collecting each
<br />rattMS tnsd.praita.l7t» irsatratnent shall ooerYaar a~-arignntent -of any rcntah on said property to that eaten!.
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