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8U--~Q52923
<br />~. martrye~aaFat~tt~ad.~.e.att>Faa.~r.:
<br />a lie will promptly pal the iadcbtedaes evitlettced by said promirory note at the liens and is the
<br />tteartar thetie3~ `provided
<br />A.' Ha-will pnT all lass, assaastnraata, tester rates; and other govattt~nuf or mnaicipal charger,- ftiteai ar
<br />i~psti4ai.a, fete ~hieti proviisn has feet bean mach hareinbefaer; and will prompdy deliver t6a af6eial rettefpta:
<br />therefor to the sad mortgayee.
<br />c. He will pay such expenses and fees ae may be incurred in the protection and maintenance of raid
<br />property; ittclnding-the free of any attorney employed by the mortgagee for the collection of any or all of
<br />the iedebt~mxe hereby secured, or [or iorecloenre by mortgagee's sale, or court proeeedinge, or in any other
<br />litigation or proceeding aseeting said premises. Attorneys' fees-reasonably incurred in any other way e6ai1 be
<br />peed by the ttaortgagor.
<br />d. For beater security o[ the indebtedness hereby secured, upon the request of the mortgagee, its soe•
<br />ctaaors or assigns, he shall execute and delivers supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described : nd all property acquired by
<br />it after the date hereof tall in form satiafacton' to mortgagee). Furthermore, should mortgagor tail to tun
<br />any default in the payment of a prior or inferior encumbrance on the property dexribed by [hie instrument,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is net obligated to do so;
<br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />treats and cooditioro.
<br />e. The rights created by this conveyance shall remain in fu^ force and effect during any postponement
<br />or extension of the time of payment of the indebtedness evidenced by said promiseorv note or any part thereof
<br />eextrred hereby.
<br />f. He will continuoualc maintain hazard insurance, of such type nr types and in such amounts as the
<br />mortgagee may from time to time require on the improvements now or hereafter on said property, and
<br />~~ Ny prosPtly wheen doe any prtmitrms thetefar. All imur:nee shall 6e carried in companies acoeptabk
<br />to mortgagee and the poliris sad, renew:L thereof shall be held by mortgagee and have attached thereu
<br />hw payable class in taunt of and is form atxeptable to the mortgagee. in event of Poe, mortgagor will give
<br />immediau notice in writing to mortgagee, sad mor`-daEce may make proof of for if not made promptly by
<br />sstgrslor. and each inaarmee atrmpmy otmcerned i s hereby authorized and directed W make payment for earl
<br />her diteedy u mstgagee instead of to mortgagor and mortgagee jointly, and the inanraace procteds, or say
<br />part thateaf, may be applied by mortgagee at iu option either to the redaction oS the iadebtedner hexb7
<br />aatatted or u the rertorat-aa or repair of the property damaged or destroyed. In event of foreelawze of this
<br />aaortgagev or other trader of title: to said property is extinguishment of the indebtedness secured hereby, all
<br />tight, tide, sad utexst o[ the mortgagor is atsd to say insurance polieis then it. forct shall par to the
<br />purchaser or mortgagee or, at tht option of the mortgagee, may be surrendered for a refund.
<br />g. Ae will keep all buildings and other improvements on said property in good repair and condition:
<br />will permit, commit, or suffer no wash, impairment, deterioration of std property or any part thereof;
<br />is the tveat of iailurc of the mortgagor to keep the buildings on said premises and those erected on said
<br />premises, or improvements thcreoe, in good repair, the mortgagee may make such repaire as in its discretion it
<br />stay deean neexasary (or the proper preerrvatiost thereof; sad the full amount of each and every each payment
<br />shall be immediately due and payable sad 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 thin mortgage
<br />any fiat or liens inftrior ar superior to the lien of this mortgage without the written consent of the mort-
<br />gagee; and further, he will keep and maintain the saint fret Ewen the claim o[ all persons supplying labor or
<br />materiaia for construction of any and all buildings or improvements now being erected or to be erected on
<br />said premises
<br />i. fle will net rent or assigrt any part of the rent of said mortgaged property or demolish, or remove,
<br />or wbsuntially alter any building without the writteu consent of the mortgagee.
<br />j_ All awareb of damages in eotuteetinn with say condemnation far public use of or injury to any of the
<br />property wLjet:t to this mortgage art lecnby sssigncd and shall be paid to awrtgagee, who may apply the
<br />aama,to paytasnt of the igstallstentr last due uadtr said nose, and mortgagee is hereby aut}toriaed, in the
<br />same crf the mortgagor, W execute and definer valid acquittances thereof and to appeal from any such award.
<br />k.. The nwrtgaaae.skall leave rim right to inspect the mortgaged premises at env reasonable time.
<br />,~ Defaaslt is any_oI the eoveaanu or conditions of this instrument or of the note or loan agreement secured
<br />hwaky sa11 ~rtap}patt,lHe mOrt~or'e right to possession, use, and enjoyment of the property, at the option of the
<br />trAertRagee ar his assigns {it being agreed that the mortgagor shall have such right until default 1. Upon any such
<br />~~h+ the mottga«ce shall became the owner of all of the rents and profits scenting after default as security
<br />fir the iadtbtedses- sexurtd hereby, with the right to emtu upon said property for the purpose of rollecting lath
<br />ra1tL and pro6ta. This imuument .haH aperue as an.assi6mseat of say rentals on said property to that talent.
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