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<br />1. 7Che seartgagasr etrvmffits mfit~eeee aafalffows: ` ' '- ~ _ . _ . .
<br />a. He will l~pdy pay the iadebtedaos evdmeed by ,atitl promie.ary nou et the times and is the
<br />> ptrrviaed
<br />B. He ,illl p:~ ati tattee, ,tact rrate3 rate., sad atlter govesat~al or mtttrheipal charge, 8aaes ~
<br />impttsitttmy f~ which provisi~ has rot bean made bereiabefaeq and will promptly deliver the tt>E$cisl stxeipm
<br />dtea~efor is ~ said mortgagee.
<br />c. He will pay such expenses and fees as may be iacurnd in the protectxaa cad maintenance of said
<br />property, including the fees of any attorney employed by the mortgagce for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee's sale, or court proceediage, or in say other
<br />litigation or p,-aceedisg affecting said premiaea. Attorneva' fxs reasonably incurred in say other way shall be
<br />paid by the mortgagor.
<br />d. For. better eccnrity of the indebtedness hereby secured, upon the regaeet of the mortgagee, its anc-
<br />- eessora-.oS a~tgrts,he ah911 exeCate and dE11VEra sapplemutial mortgage or mortgages covering any addifiotu,
<br />improvett:atts, or bettermcnta made io the property hcreinabove•described xnd all property acquired by
<br />- itaFter the date hereof {all in Form satfsfactorv to mortgagee), Furthermore, should mortgagoe faiLto care
<br />-nay defair#-in the payment of a prior or inferior encumbrance on the properey described by this inatrutaeat,
<br />mortgagor hereby agrees. to permit mortgagee to cure stuch default, but mortgagee ie not obligated io do so;
<br />and such advances chaff become part of the indebtednea» secured by this instrument, subject to the same
<br />teems sad coaditione.
<br />e. The rights created by this conveyance shall remain in full force anti eAect during any postponement
<br />or exterteian of the time of payment of the indebtedness evidenced by said promi»eory note or any part thereof
<br />seevred hereby.
<br />/. He will continuously maintain haaard in»urance, of »uch type or types and in such amounts as the
<br />mortgagce may front time to time require on the improvements now or hereafter on said property, and
<br />frill pap promptly when doe any premittme thereFor. All iasnrana shall be carried in compaaiea acceptable
<br />m mottgegce sad the policies and renewals thereof ehafl ltc held by mortgagee and have attached thereto
<br />lose payable ctattaea is favor of and in form acceptable to the mortgagee. Ia event of lor, mortgagor will give
<br />i:~rediatr aotix is xritisg to martgagec, and mot•tgagoe may make proof of toes if eat suede promptly by
<br />matsa~agor aetl each iaanrstrcc campaay concerned is hereby anthariud sad directed to make payment for such
<br />lase directly to mortgagce ittetesd of to mortgagor sad mortgagee jointly, and the inettrana proceeds, or say
<br />pert thereof, may be applied by mortptagx at its option either to the reduction of the indebtedaer hereby
<br />sneered or to the rdtoration ar repair of the property damaged ar destroyed. In event of foreclasuro of ibis
<br />n:at2~g~, ar aFh_=,r 4aaafer ~ title to -mod p,M.,p`rty i ; e;<<.~gn;ffihm€at rf *he indebted mitred hereby. art
<br />riglt; tide, and ia¢ereat of the mortgagor in sad to nay insurance poficim thw is fora ehaIl par to the
<br />purchaser or mortgagee or, at the option of the mortgagee. may be surrendered far a refund.
<br />g. He will keep ail buildings sad ether improvements9 on said propertq in good repair and canditfoa;
<br />will permit, eammi4 or auger do waste, impaizmenE, deterioration of »aid property or any part thereof;
<br />is the evenE of failure of the mortgagor to keep the buildings on »aid premises and those erected on said
<br />premises, or improvements thereon, is goad repair, the mortgagee may melee each repairs as in its discretion it
<br />may deem necessary for the proper preservation thereof: and the full amovut of each and every such payment
<br />shall Fte immediately due and payable and shall be secured by the lire of this mortgage.
<br />h. He will not voluntarily create ar permit io be created against the properly subject to this mortgage
<br />say lien or liens iuferiat or superior to the lien of this mortgage without the written consent of the mort-
<br />gages; sad further, he will keep and maintain the same free from the claim of all persons supplying tabor or
<br />ma:eriaie for construction of any sad all buildings or improvement» now being erected or to be erected an
<br />said pretaiem.
<br />i. He wilt eat rent ar assign any part of the renE a€ »aid mortgaged property or demolish, or remove,
<br />- ar sirlisFantially alter any building without the written consent ailhe mortgagee.
<br />j. All swards of damages in eatmectioa-with any candcmaation for public use of or injury to any of the
<br />graperty sirbjtct to this martgaee are hareb4 aaaign+±tl and »haIl he paid to mortgagee, who may syply the
<br />aaris~r- to payaa~tt of tIm ins€alltnente last des artier said note, sad maatgagce is htrehy aulhariaed, in the
<br />name oI the mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k, The raa€,gaga abaftltave the right to inspect the mortgaged premiaez et any reaaavahfe time.
<br />?- f1eEa„Ir i v_nt t~ a ate'„ r,Qa,.lcr~ns .,f if,fs i of tl.e nm,= a~ taa.,_ _ _ _nt ,.,_. ..•_7
<br />- __ .-~--a8~.-- _-, eat~~ _Y -~..._~_~ a _.~.- na~tr=."~°~t ~E' e. ~_..- ._~,,. ~. ..~_ ~nrcnav. __
<br />ltasebpaltall teraaiwa~ the ax+rigagur's riRlti to posseasiou, use, sad tsnjoyment of the property, at the aptian of the
<br />aeorFgttgee ar his assigns tit being agreed that the martg;agor sktall have .uch right until de#ault). Lipoa any such
<br />s~faals, tlse tttarigagee shall became xlte owner of al: of the recta sad profits accruing after default as sucuritt
<br />for iha itidrhtetlatea secured hereh~y, »'ith Ehr, right to enter upon :aid property far the purpose of rallecting such
<br />tisata sad pre&~, T1~ itiatrirftieatshall operate ua as eft ~ any rtattals art said property [o that extent.
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<br />x ~"°=~=:s~:~~ s fir, -. ;. r,
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