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<br />L Th° rrwrtgagar eta +~ specs a, fottawai
<br />a. Ho trill Pro°+F~I Pal ~ isdxbtedaas erideaeed b7 said ptotmieaoey note u the times and is the
<br />therein pmsidxd
<br />b. He trill' Pal all ttran, eta, writer rates, sad ot6a gmertsmeafat or mtatfcipal ehar~ee, fines, or
<br />impaaitiona, for which praviaioa hat not beta made hereGnhefore, and wilt promptly deliret, the a~eial tedpta
<br />therefor to the said mortgagee,
<br />c. He will pay such expenses and fees as may 6e incurred in the protection and maintenance of said
<br />"' property, including the fees of any attorney employed by the mortgagee far the collection of any or aIl of
<br />the indebtedness hereby secured, or for foreelosnre by mortgagee's sale, or court proceedings, or in any athcr
<br />'litigation or proceeding affecting said premises. Attorneys' fees reasonably incurnd is any other way shall be
<br />' paid by the mortgagor.
<br />~. d=. For. betr~r axenrity of ihx indebtedness hereby secured, ttpo¢ the request of the mortgagee, iG sac-
<br />ceseors or aesigne, he shall execute and deliver a evpplemental mortgage, or .nortgagea coveriatg any additions„
<br />~. improvements, or betterments made to the property hereinabove described :nd all property acquired by
<br />itafter the date hereof (a!1 in form satisfactory to mortgagee). Furthermore, should mortgagor fail to cure
<br />~, i any default in the payment of a prior or inferior encumbrance onthe propertydexribed by tltia instrument„
<br />mortgagor hereby agrees to permit mortgagee to cure such default, lnn mortgagee is not obli ated to do so-
<br />and anch advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />terrne 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 will continuauely maintain hazard insurance, of anch type or types and in such amounts as the
<br />mortgagee may from time to time require on the improvements now or hereaker on said property, and
<br />rill peg promptly when due any premiums therefor. All insurane shall be carried in companies aCceptabte
<br />to mortgage sad the policies and renewals thereof shall be held by mortgage and have attached thereto
<br />lose gayalek Glances in favor of and is farm acceptable to the mortgagee. In event of lose, mortgagor will give
<br />immediate aotice is writing to mortgagee, and mortgagee may make proof of lass if not made promptly by
<br />mortgagor, and each insurance company concerned is hereby authocacd and directed to mtke payment far each
<br />lose tiircetly to mortgagee instead of to mortgagor nod mortgagee jointly, and the insnraaoe protxede, ur any
<br />ga;t thereof, stay hx applied by mortgagee at its option either to the redaction of the indebtadneee hereby
<br />aettred or to the reetoratioa or repair of the property damaged or destroyed. la event of foreclosure of this
<br />mortgagq or other transfer af'title to said property is eatiaguiahment of the indebtedness sezitred hereby, all
<br />right, title, sad interest of the mortgagor is a¢d to any insurance policies then in force shall pees to the
<br />purchaser or mortgagee or, at the option of the mortgagee, may be surrendered for a refund.
<br />g. He will keep all buildings arnd 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 />in the event of failure of the mortgagor to keep the buildings on said premises and those erected on said
<br />premises, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it
<br />list' dim ncccssar;• far tlta, p.rs; rr pre_e.rva!inn th«.a„t'; sn,l.th? foil amount o(each and every such payment
<br />shall See immediately due and payable and shall be secured by the lien of this mortgage.
<br />fr,. 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, lien of this mortgage without the written consent of the mort-
<br />gages; and further, he will keep and maintain the same free from the claim of all persons supplying lobar or
<br />materials for constr:tCiion of env and all buildings or impravemenea now being erected ar to be Erected an
<br />said premises.
<br />i. HC will net rent or assign env part of the rent of said mortgaged property or rlemolteh, or remove,
<br />or subatanlially alter any building without the written consent of the mortgagee.
<br />j. All awards of damages in Gannection with env condemnation {or public use of or injury trz any ttf the
<br />- ~ ~ '~-- ~rttperty subje.:e. to thin mortgage are hereby aseigaed and ~.ehafl !~ paid to mortgagee, who may apply tine
<br />:;,same- to payment of the itnatollmeats last due under said ants, and mortgagee is hereby authariaett; is ttge
<br />n~apre of qhe mors.gagar, to execute and deliver valid acquittances thereof and to appeal from any such awarri.
<br />k. The mortgagee shall have the right to inspect the mortgaged premises at any reaeonablc time.
<br />?. Uefauh in any of type covenants or conditions of this instrument or of the nose or loan agreement secured
<br />herehy.ahall Yxrminate the mortgagor's right to possession, use, and eujovment of the property. at the uptian of the
<br />uwrigagee ur his assigns tit being agreed that the mortgagor shall have such right until default 1. Gpon any sorb
<br />default, the mortgagee shall became the owner of all of the. rents and profits accruing after default as aerurits
<br />for tlu indebtcdneae secured hereby, with the right to crter upon said property far the purpose of euilectinq such
<br />rents and proSte. 'This in<irna=eat a$a1! operate as an sesignmenr of any rentals an said prapErty to that extent.
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