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<br />,L T7..wets.e.tee...tamts,.ti~ge.~.a.tollora: <br />a. He wiH promptly pay the indebtedness evidetaced by acid promisrry note at the times atad is the <br />ma~ar t4AAi"peaaiiei <br />- b. $b will -pay all tetra, aaaeaatnmta, wars: txtea, and other gevrnmeatil or mnnieipd sharpy fmnr, ar <br />~apaitiony Loa whiels:p:twlaiashas sat heenmade amore, a~ wilt promptly deliver the aieiat seeaipRr <br />therefor to the acid mortgagx. <br />c. He will pay such expenses and tees as may be incurred in the protection and maintenance of said <br />property, -indadiug the fees of any attorney employed by the mortgagee tot the collection of any or ail of <br />the irrdebtedner hereby sraeured, oz for foreclaeure by mortgagce a sale, or court proccedittp, or in any at6er. <br />litigatim or proceeding affecting Bald premisea. Attorneys' fees reasonably incurred in any other way shall ba <br />paadby the mortgagor. <br />d. Far better security of the indebtedness hereby secured, upor, the regneat of the mortgagee, its ane- <br />ceason or assigns, he shall execute and deliver a svpplemeatal mortgagee mortgagee covering any additialty <br />improvements, or betterments made to the property hereinabove described : nd all property aegtaired by <br />it after the date hereof (all in form satnsfacton' to mortgagee). Furthermore, should mortgagor fail to core <br />any default in the payment of a prior or interior en.umbrance on the property described by 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 instrument, subject to the same <br />terms and conditions. <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 the indebtedness evidenced by said promissory note or any part thereof <br />secured hereby. <br />f. He w•III continuously maintain hazard insurance, of each tune or types and in such amounts ae the <br />mortgagee may from time to tune require on the 'mprovements now or hereafter an said property, and <br />will [w7 p~PH7 when due any premitrtos therefor. All inutrattce shall be carried in companies acceptable <br />a mrtplpe a>sd the policies and r~aewala thereof shall be held by mortgagee and have attached i~wteto <br />loan payable dattsr in favor of and in form aatcptable to the mortgage. In event of lass, mortgagor will give <br />immediate n~iee in writing to mortgagee, and mortgagee may make proof of for if >mt made promptly by <br />mortgyor, and each inatsranee company eanterned is 6erebv aatborised and directed to make payment for aoeb <br />for diredty to maatpgee imtead of to mortgagor and mortgage jointly, and the iosaranee proceeds, or .ny <br />part thereof, may be applied by mortgaree at iU option eitbu to the reduction of the indetrtedaer hereby <br />:scored or b the restoration or repair of the property damaged or destroyed. la event of foreclasare o[ ibis <br />mortgage, or other traafer of title to said property in extinguishment of the indebtedness secured hereby, all <br />right, title, and interest of the mortgagor in and to any inatuanct policies then in foyer shall par to the <br />parchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refttad. <br />g. He will keep all buildings and other improvements on said property in good repair and rnndition; <br />will permit. commit, ar suffer no waste, impairment, deterioration of -aid property or any part thereof; <br />in the event of failure of the mortgagor to keep [he building an said premises and those ercc[ed on said <br />premises, at improvements thucoa, in good repair, the mortgagee may make such repairs ae in its discretion it <br />may deem neemsary for the proper preservation thereof; and the full amount of each and every such payment <br />scull be immediately due a»d payable and shall be secured by the lien of this mortgage. <br />h. He will not voluntarily create or permit to be created against the property subject to this mortgage <br />any lien or liens inferior or superior to the }fen of this mortgage without the written roneent of the mor4 <br />gages; and further, he will keep and maintain the same [m from the claim of all persons supplying labor or <br />materials far.cosrtrisctioo of any and ail bulidtnga or improvements now brirq erected or to be erected on <br />said premier. <br />i. He will not rent oz arigrl an7 part of the rent of said mortgaged pzopcrty or demolish, or remove, <br />of substantially-_after any building without rho wriuen consent of the mortgagee. <br />j:-All awrrds of dansagee is morrection rith any co~emnation for public use of or injury to any of the <br />property enbject to tbesmortgage are hereby arigned sad shall be paid to mortgagee, wba may apply the <br />ssslse to payment of the iostallmenle last due under said note, and mortgagee is hereby authorised, in the <br />name of the mortgagor, to execute and deliver valid acquittances thereo[ and to appeal from any each award. <br />ic. Tlr mortgagee :ball have the right to impact the mortgaged premises at any reasonable time. <br />2 Dt:fattlt in soy aLv thraxiverartta or casditiom of thin inatrumant or o[ the note oc loan agreement secured <br />Iteteiq,atall tarrgiaate the moMgagc~is eight to poasesrion, use, and enjoyment of the property, at the option of the <br />or hu awEtr {ii herirg aKteed that the mortgagor shall here such right until default!. Upon any such <br />ditonk, the moHgagee shall became the owner of all of the yenta and profits accruing after de[ault as security <br />fed-the itadebtednrs wrured hereby, with the right to user upon said property for the purpose of collecting such <br />roW and'profNs.'Thia-inttrument shad operate.ataataMigpoaent of any ctntals on said property to that rxtent. <br />