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80~~~~~~3.3
<br />I. Tbs tawrtgagpr cov~mta i~ agrees tts follows:
<br />a. He will promptly pay the indebtedaes evideaad by acid peomiaory note at the limn attd in the
<br />manner therein provided
<br />b. He tell! pay all cues. aeaesameab, water rttee, and other gmerttmental m mnnicipai charges, $aea, a'
<br />impostitione, foi trhieh pzovisitta has t~ bets made heninbefore, and wilt promptly deliver the o~tisl reeeipta
<br />therefor to the call motrtgagee.
<br />c. He will pay such expenses and fees ae may be incurred in the protectiors and maintenance of said
<br />property, including the fees of any attorne}' employed by the mortgagee for the wlIectian of say or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee's sale, or court preceedinga, or in any other
<br />litigation or proceeding affecting said premises. Attorneys' fees reasonably incurred in any other way shall be
<br />paid by the mortgagor. -
<br />d. For better eecnrity of the indebtedness hereby stcueed, upon the request of the mortgagee, iU sus
<br />ceseoes or aseigas, he shall execute and deliver a avppfemenial mortgage or mortgages caveriag any additions,
<br />impmvements, or beteermente made to the property hereinebove described :nd all property acquired by
<br />it after the date hereof (all in form satisfactory to mortgagee). Furthermore, should mortgagor fail to cure
<br />any defauh in the payment of a prior or interior 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 so;
<br />and ench 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 axteneion of the time of payment of the indebtedness evidenced by said promissory note or any part thereol
<br />secured hereby.
<br />f. He will continuously maintain hazard insurance, of such type or types and in such amounts ae the
<br />mortgages; may from time to time require an the improvements now or hereafter nn said pronerty, and
<br />will pay promptly when due any premiums therefor. All iaenrance shall be carried is wmpanies accepubk
<br />W mot2gagee end the policies and renewals thereof shall be held by mortgagee avd have attached thereto
<br />loss payable clattsee is favor of and in form acceptable to the mortgagee. In event of loss, mortgagor will give
<br />immediate iwtiee in writing to mortgagee, and mortgagee may make proof of lass if not made promptly by
<br />mortgagor, and each insurance compaay coaceraed is hereby authorised aad directed to make payment fez such
<br />lava direedy to mortgagee instead of to mortgagor aad mortgagee jointly, and the inatrrance proeeede, or any
<br />part ihetrtaf, may be applied by mortgagee at ire option either to the reduction of the indebtedness herby
<br />stscnred or to the rdtaratioa of repair of the property damaged ar tleairoyed. In event of forecloann of thin
<br />mortgage, ar ether trerafar ~ titk~ to said proprrts~ in extinguiahmeni of the indehtelaew s.~€ured herby, all
<br />rggbt, title, and interest of the mortgagor in and to any insurance policies then in force shall pass to the
<br />purchaser or mortgagee or, at the option of the mortgagee. mat- be xurrenlerel fur a refund.
<br />g. He will keep all buildings and other improvrntrnta oo said property in good repair and coalition;
<br />will permit, commit, or softer no waste, impairment, deterioration u[ said property or any part thereof;
<br />in the event of failure of the mortgagor to keep the buildings on rail premises and those erected nn said
<br />premises, or improvements thereon, in goad repair, the mortgagee may make such mpuirs as in its discretion it
<br />may deem necessary for the proper preservation thereof: and the (ell amoont of rack and every each pavmenl
<br />shall be immeliately due and payable and shall be xeeured b: the lira of this mortgage.
<br />h. He will not voluntarily creatt or permit to be created against the proprrty suhjort to this mortgage
<br />any lien or liana inferior ar sul.erior w the tier. of this mortgage without the written consent n( the mort-
<br />gagee; anti further, he will keep and maim sin the same tree from the claim of alt persons supplying labor or
<br />materials for mnalruction n( any and all buildings or improvements now bring erected or to be crested an
<br />said premises.
<br />i. He will naE rent ar aeeit:n cur part of the rent of said nuutgaga•d pruperh~ or drmuliah, or remove.
<br />or subetantiafly alter :my building without the wnuen consent of the mortgagee.
<br />j. All awards of damagre in connection with any condemnation for public use of or injury to any' of the
<br />pmperty aubjrct to this mortgage are hereby assigned and shall be. pail to mortgagee, who rna}' apply the
<br />same to payment of the installments last slue antes said note, and mortgagee is hereby autlrorizect, in the
<br />name of the mortgagor, to rxccnie and deliscr s•alil acqutita:tcea thereof and to appeal frc:tn an:' such :!ward.
<br />k. 'Che tnartgagae shall bare the right to inspect the mortgaged premises at any reasonable time
<br />2. Ih-fau$ in any ofi the covenants ar candiiionx at this instrument ur of the nou• or loan agreement secured
<br />Iterclty aitaU termuiate ilne mortgagor's right to puasessiun, uxe.. and enjoyment of the pr*>pert v, nt the nptirm of the
<br />mortgagee or his aanigas tit Iteing agreed that the mortgugur shall have sur6 right until default i. l'pon um xuc•h
<br />default. the rtturigagec steal) Imcurttr tht• owner of all of the rents and i,ra(ts a •cruing after default as vcurity
<br />far the indebtninena eecuresl hereby, wi[6 the right to enter upon void pruprrly fur rtes purpusr of cullectiug sorb
<br />rents sett profits. "This iuatrutnent ehalf aprraie ae an aaaignmrnt of any rents ie on .gall proprrty to that eetent.
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