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<br />1. '1'7~a ~trt~a~ar coataanta sad ~ follows:
<br />a. He will Pr~PHy pal the indehtedtxas evidet~ by tstrid protaiaeory ~ at the times atad is the
<br />taaaaer shraritt. presided
<br />b. I$e will pap all razes, assesameats, water retea, and other governmental or mtmicipal ~ar6mt finea, of
<br />imptrsitsorst, for which prwfaioa hoe ~ bees made heteinhefoee, and will promptly deliver the aerial receipts
<br />therefor to the mid mortgagee.
<br />c. He wilf pay xuch ezpeoaea and fees as may ~ 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 martgagec'e sale, or court proceedings, or in any other
<br />]ftigation ar proceeding affecting said premises. Attorneys' tees reawnably incurred in-any other way shall be
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby aecttred, upon the regnest of the mortgagee, its sno-
<br />ceseors or assigns, he shall execute and deliver a sappir_mental mortgage or mortgagee covering any additions,
<br />improvements, or iteitermenu made to the property hereinabove describnl :nd all property acgnieed by
<br />:t after eke .tar. h..ewi (all in fa,-m m...ixf~ taro •., ....: - Furthermarr _ ___
<br />Fagg ). riKagaP fail to CeirE
<br />any default in the payment of a priorror infector encumbrance on the property,desctabed by this irnst.rament,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, btrt mortgagee i_= not obligated to do so;
<br />and such advances shall become part of the indebtedness secured by this instzt;ment, subject to the same
<br />flerma and conditions.
<br />e. T7te rights created by this tronveyance sttal? remain in full force anti effect during any postponement
<br />or extension of the time of payment of the indebtedness euidencerl by said promissory note or any part thereof
<br />secured hereby.
<br />f. He will eontinuaush~ maintain hazard insurance, of such type or types and in such amounts as the
<br />mortgagee may (rent time to time require an ibe improvements now ar hereafter on said property, and
<br />will pay promptly when due any premitutsa therefor. AFI iaettrance shall be carried is rnmpataiea aexptahk
<br />to mortgagee sad rite policies and renewals thereof shall be held by mortgagee and have attached thereto
<br />lose payable claasrx in favor of sad in form acceptable to the mortgagee. In event of lose, mortgagor will give
<br />immediate ttotitx in writing to mortgagee, and mortgagee may make proof of love if not made promptly by
<br />mortgagor, sad each inauraace rnmpany concerned is hereby antharised and directed to stake payment for sash
<br />lam dir~tlp to mortgagce ittatead of to mortgagor and mortgagee jointly, and rise inettranae proceeds, or sap
<br />part thereof, may hn applied by mortgagee at its aptioa either to the reduction aF tit-. +'adebteda~ hereby
<br />sees:end or tea the r~r.enti~ x r~~_ :,f t-t+.. ~_- - `'-= - '? ar dam:. ~. la ,.:~.,, of fo. - urn of this
<br />tr~rtga,, az cstht<r tress[€sr of tine t~`aaid pt'ep~ny in eatinbaa:isfltment of the indebt;=dtt~ ss:,^ttr~d ,zzr,';,`.y, all
<br />riglst; title, attd later~t ai rite. *_srtgacar =.n serf to any inaura pofi:.iea than in farraa sSaL' pis to'`~
<br />pn;ohas~-r of ...o ~ -~ --. ar. a. ,z.r -,---un .,f il.e s>zo_ _~agae. Wray b_. _ ,rrenda~.l f_. _ _efasnW
<br />¢. lie will keep ail huildingx and other impzavetnents. ar. said pralnerty in good repair and coaditioa;
<br />will permit, commit, or suffer na waste, impairment, detertioratian of said property or any part thereof;
<br />in the event of failure of the mortgagor to keep the buildings an raid premises and those erected on said
<br />premises, or improvements thereon, in goad repair, the mortgagee may make each repairs ax in its discretion it
<br />may deem necessary fur the proper preservation thereof; and rite foil amount of each and every such payment
<br />chart tae tmmediatr.ly due and payable and she]? rte secured by the Lien of this mortgage.
<br />h. He will sat voluntarily create or permit to be created against the property subject to this mortgage
<br />any lion or liana inferior or superior 4a the lien of this mortgage without the written consent of the mort-
<br />gagee; atuf further, he will keep and maintain the aama free from the claim of all persons supplying lalwr or
<br />..,ateriala far cansittieiian of an}' and ail buildings or improvements rmw being erected or to be erected on
<br />na:u' premi~a.
<br />i. He wit? nag rent ar assign any part of the rent of said mortgaged property or dentalix , ar rsmave.,
<br />or subt:YsatialIy slier any building without the writteat consent of the mortgagee.
<br />j. All awards of damages in connection with any condernnation £or public use. of or injury to any of the
<br />property subject do this mortgage are hereby assigned aatd shall tae paid to raaetgagcc, who may apply the
<br />:ass .o pa i of tu.~ iztssal.`-rar<nts lax: dn€ un ". ~atai rru ,anti maztgager is lterebv autitarized, in tfac
<br />name of rite mortgagor, W execute and dehvez slid ac;uittances titereaf and ra apps,] fees, ae:y -act: award.
<br />k. The mortgage[: shelf have the right to inspect the mortgaged premises at any resaonabie time.
<br />~= I'Jefanlt is any of Elte eavrnaatx or conditions of ibis instrument ar of the note ar loan ageeament secured
<br />itereny shall tetsnirtate the mortgagar•s right to passeesion, use., sad enjus~meat of the property, at the a}%iian of tine
<br />morlgagtx or his assigns (it izcing agreed that the ntortgagar shaft leave such right until default ~. I'pon env such
<br />dtfaolt, lire mortgagee shall heconte kite owner of al? of tine, rents and loot[[ aa: color after default an security
<br />for lire indebtedness scented hereby, with the right to entr_r ap:m said prolx~rty far the purpss,-ee of coflec!tng Hoch
<br />casts sad profits. This instrument shall operate as an assignment of any rentals oa said properly to that extent.
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