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<br />1: The mortgagor aor®aata slid asren u folYowa:
<br />a. Ho will promptly pay the imdebtedoese etidenxd by said promirory [tote at the limn and in the
<br />* tlaersin provided
<br />1S. He will pay all tarn, atsasmmta, water false, and other goverttmmtal or munitspal chargeay 6nn, m'
<br />imgoeiliotta, for which provision hoe not hem made hereiabe[ore, and will promptly deliver the official teeeipb
<br />therefor to the acid mortgagee.
<br />c He will pay such expenses and fees as may be incurred in the protection and maintenance of said
<br />property, including the fees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee's sale, or court proceedings, or in any other
<br />litigation or proceeding affecting said premieea. Attorneys' lees reasonably incurred in any other way shall be
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its ene-
<br />ceeeote or assigns, he shall execute and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betterments made to the property hereinabove described :.od all pragerty acquired by
<br />..... it after the date hereo[ (all in form satiafectory to mortgagee). Furthermore, should mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance on the property described by thin instrument,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee ie 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 sod conditiana.
<br />e. The rights created by thin conveyance shall remain in full force and effect during any postponement
<br />ar extension of the time aF payment of the indebtedness evidenced by said promissory note. or any part thereoF
<br />secured hereby.
<br />f. He will continuously maintain hazard insurance, of such type or types and in such amounts as the
<br />mortgagee may from time to time require an the improvements now or hereafter on said properly, sad
<br />will pay promptly when- due any premiums therefor. AlI imnrance shall be carried in companies ac«ptabk
<br />to mortgagee and 4he policies and renewals thereof shall be held by mortgagee and have attached thereto
<br />lass payable clauses is favor of and in form acceptable to the mortgagee. In event oC lees, mortgagor will give
<br />itntaediate aolice itt writing to mortgagee, and mortgagee may make proof of lose if ~t made gromptly by
<br />mortgagor, sad each inauranx t:ompanp eoacerned is hereby au€barised and directed to make pagmeat for such
<br />lea directly to mortgagee itretead of to mortgagor and mortgagee jointly, and the insurance proceeds, or say
<br />part tltereof, may 6e applied by mortgagee at its option either to the reduction of the indebtedaeae hereby
<br />sactrred or to the rntoration or repair of the property damaged or dretrored. In event of foreclaanee of this
<br />martgege, or other tr_asfer cf title to said property in extinguishntetrt of the indebtedness secured hereby, aIl
<br />right, title, sad intetnt of the mortgagor in and to say insurance policiex then itt force shall pass to the
<br />purchaser ar mortgagee or, at the option of the mortgagee, may be surronde~red for a refund.
<br />g. He will keep all 6uildinge 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 />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 />may deem neceaaary for the proper preservation thereof; and the full amount of each and every such payment
<br />shall be immediately due and payable and shall he 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 lien of this mortgage without the written consent of the mort-
<br />gagee; and further, he will keep and maintain the some free from the claim of aIl peroons supplying labor or
<br />materials for constntction of any and all buildings or improvctrtents now being erected or to 6e erected on
<br />said premises.
<br />i. He will nut rent or assign any part of the rent of said mortgaged property or demolish, ur remove,
<br />or substantially alter any building without the written consent of the mortgagee.
<br />j. All awards of damages in connection with any condemnation for public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and a16aU be paid to mortgagee, who may apple the
<br />same to payment of the inat6{lmenta fast Jue under said note, and nwrtgagee is hereby auAtoriaed, in the
<br />name of flee ntartgagor. to execute and deliver valid acyuinancea thereof and W appeal from any each awartf.
<br />k. The mortgagee shall have the right to inspect the mortgaged promises at any reasonable time.
<br />F.llefault in any of flee ewenants or conditions of this instrument or of the note or loan agreement secured
<br />hereby pball terminate the mortgagors right to poaseaaion, use, and enjoyment of the property, at the option of the
<br />mortgagee or his annigna (it being agreed that the, mortgagor shall have such right until default). Dpun any such
<br />de[aull, the mortgagee shall become the owner of all of the rents and profits scenting alter default ae securiq
<br />fat tht indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such
<br />rests pod„pwfiia. This instrument shall operate as an assignment of any rentals on said property to that extent.
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