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Via-- ~ C~ ~i~' 3 Ei <br /> <br />P~PtlT WT tea iadebetdnest evidenced by said pramiswry mNe sc the times sad is rho <br />aunwrtbrtitda lawiara , <br />k Igs t+iq P7-aII tattoar.awr~wy-water area. aid other aorettammnl.or mmidpd ahar~ 8esrsr <br />ist~aitisaa,°ia: wLkh-p~ae~ioios=Lr ttoE btt~ mado baeaiubeEore, and will•promptly delver tlm oltitittl:astt~ts . <br />tiae[or to the sold sort ffa®se. <br />c: He wiII pay such exptnee~ and fees as may be iumrred in the protection and maintenance of acid <br />property, including the fees of any attorney employed by the mortgagee for the collection of any or al[ of <br />tlr indebtedoer hereby secured, or [or foreclosure by mortgagee's sale, or court proceedings, or in any. other <br />litigation or protedliag affecting-said premises. Attotaeya' [tea reasonably incurred in any other way shall 6s <br />pad-hT the mortgagor. <br />d. For better eccuriiy of tht indebtedness hereby secured, upon the request of the mortgagee; iU sus <br />cesron or assigns, he shall execute and deliver a supplemental mortgr^e or mortgages covering anq additions, <br />improvemenu, or bettermenu made to the property hereinabove described :nd all property acquired by <br />it after the date hereof (all in form satisfactory to mortgageel. Furthermore, should mortgagor fail to curt <br />tusy default in the payment of a prior or inferior encumbrance 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 ao; <br />and atrch ad~attcea shall become part of the indebtedness secured by this instntment, subject to the same <br />terms sad coaditiom. <br />e. Tht righu created by this conveyance shall remain in full force and effect during any postponement <br />or eatensioe of the time of payment of the indebtedness evidenced by said promissory note or any part thereof <br />a~xured hereby. <br />f. He will continuously maintain haasrd insurance, of such type rsr rupee and in such amounts Da the <br />mortgagee may from time to time require on the improvemenu now or hereafter on said property, and <br />aviII pal prosptfy when doe any premiums therefor. Ali imtranee shall 6t carried in eampania aotxptabk <br />to sortgagee aed the policies and renetrahr thereof shall be held by mortgagee and have attached thereto <br />kr payaL3e classy in favor of and :n form atteptahk to the mortgagee. In event of loss, mortgagor will give <br />issediate notice in writing to mortgagee, sad mortgagee may make peoof of loss if not made promptly by <br />sertga ffer, sad eatb insaraaoe twtapaay eoaetraed is hereby autltoriud sad directed to makt payment [or sorb <br />kr directly to soetpgoe instead of to aortgagor sad mortgagee jointly. and the inwranet ptveeeds, or soy <br />P~ . ~T ~ aPP~ b1 sartgagee at its option either to the rednetion of the indebtedness breby <br />seeaetd or to the r-astosation or repair -E the property dassaged or destroyed, In event of forecktatm o[ this <br />tnortgagq or other transfer of title to said property in ertinguiahmmt of the indebledneas secured hereby, all <br />rigb; tick, and interest a( the mortgagor in and to say inatrranoe policies then in iortx shall par to the <br />purchaser or mortgagee or, at the option of the mortgagee, may be surrcadered for a reload. <br />a. Ht will leap all buildings and other improvements on said property in good repair and condition; <br />will permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; <br />is the er-ent of failure oI [he mortgagor to keep the buildings on said premises and those crested on said <br />preaieea, or improvements Iherecst, in good repair. the mortgagee may make each repairs as in its discretion it <br />may deem accessary for the proper preservation thereof; and ibe full amount of each and every such payment <br />shall be immerliattly due and payable and shall be secured by the lien of this mortgage. <br />!t. He will mt voluntarily create or permit to be created agaimt the property subject to this mortgage <br />say lien or lists iattriar or wperior to tht lira of this mortgage without the written consent of the mort• <br />gat{te; and further, he witl keep and maintain the name free from the claim of all persons supplying labor or <br />ssaleriaL far coeaiructioa of any and all buildings or improvemenu now being erected or to be erected on <br />acid p~remisea. <br />i. Ae will mt tent or assign any part of 1ht rent of said mortgaged property or demolish, or remove, <br />or saLstaatiaily alter any building without the written consent of the mortgagee. <br />j. AII awads of"'darugt* in eonrteetioa wits any eoademaa;ion for public use of or injury to any of the <br />pnperty att4jsat is!.tlAis•aaartgag-e are heresy assi(tned.anJ shall be prod to mortgages, who may apply the <br />sasro-er_-paysntt of the ins4~BwrsntaJaet due under said. note, and mortgagee is hereby autltoritatd, in the <br />name of the. martgager, to execute and detivyr valid aequittattces thereof and to appeal from any sash sward. <br />k. Tire ahaII-hart the right to impact tlgt mortgaged premises at ear rcastwabk limo. <br />3: [laitanN~n_apy,a[:t4s eavenou or-coadtiotr of tbia,imtrumenl or a( the note or loan agreeaaent secured <br />-sitar gr~taN tlta,t~-rtg+>dw'a right to posetstsioa, rate, and ewjoyntmt of the prapertr, at the option of the <br />nrri~se se leis asrigna (it baiog agreed that thr mortgagor shall Have such right ssnti! default). fipun any such <br />t1~oY~1s„-the ntar/6sIIsa shsII becotwe the owner of al! of tlta.ras~ artd praftts aeeruinR after default as rscurity <br />fief tits irdebtsrdpsaa aotured Irerelfy, with the right to atter,ttpon acid property for the purpose of colleatiag such <br />r~p#s sad proRw. TAis itrtrnwtert sbrp opttrW asap of arty rtata4 an said praptrly io that extent. <br />