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<br />8Q-...(tt!~~~s
<br />L 14m mtiatrt~ar ao.~.n>Ar sad agReea as fo1€mra:
<br />a. ffe will P~'tPH7 Pry the ~eb~°1°m ~~°~ by raid P~~rY note at the titer a~ in the
<br />artwno tom- pmvidad
<br />6. ~ will pay all taro, araeaetaetata, water zato, and other goverttroentil or marafeipal ch:rgan, Saar, or
<br />i>apotdsiaaar fat which pmvi®m has aot bem made hereinbefana and will P~PU7 deliver the a6toal nateipta
<br />therefor to the raid mortgagee.
<br />c He will pay arch expenses and fees ae may be incvnred in the protection and maintenance of said
<br />property, including the free of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby aecurcd, or [or farccleeurc by mortgagee's sale, or court proceedings, or in any other
<br />litigation or protxediag affecting said premises. Attorneys tees reasonably incurred in aoy other way shall be
<br />paid by the mortgagor.
<br />d. Far Leiter security of the indebtedness hereby secured, upon the request of the mortgagee, its aue•
<br />etaaoxa or assigns, Ire shalt rxecute and deliver a srrppiemtaiai marigage ar moRgagea covering nay additions,
<br />improvements, ar betterments made to the property bereinabove described : nd all property acquired by
<br />it after the date hereof (all in form satiafaetory to mortgagee). Furthermore, should mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance arc the property described by thin instrument,
<br />mortgagor hereby egrets to permit mortgagee to rare such default, btrt mortgagee ie not obligated to do eo;
<br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />terms sad candatione.
<br />e. The rights created by thin conveyance shall remain in full force and effect during any postponement
<br />or extension of the time of payment o[ the indebtedness evidenced by said promissory note or any par[ thereof
<br />secured hereby.
<br />j. He will continuously maintain hazard insurance, of such type ar types and in such amounts as the
<br />mortgagee may from time to time require an the irnpravemente now ur herea[ter on said property, and
<br />wiH pay promptly when due any prcmittms therefor. All inauraoce shall be carried is rnmpanio acexptabhs
<br />to mortgagee and the politin and renewals eLereof ehnH be Geld by mortgrgee and have attached thereto
<br />loan payable clnttsta in frvoc of and is Corm acceptable to LLs mortgagee. In went of Ines, mortgagor wilt give
<br />immediate notice in writing to mortgages, and mortgagee may make proof at law if not made promptly by
<br />mortgagor, and rash insurance company concstaed [s 6ersLy anthoriz¢d send dirtcled to make payment for each
<br />loss dirtd7y to mortgagrs itttrtead cif to mortgagor and mortgage¢ jointly, sad the insurance proceeas, or any
<br />part =_.he_nxf, ~_av tT• applied Ly rQartgsgss at its option either to the reduction of the indebtedness ltsreity
<br />eucurrad or to the restoratiaa or repair of the property dantagsd or destroyed. In event o[ [oreclasure of this
<br />mortgage. ar other trasa[er of title to said property in extingttiahtnent of the indabtrdttesa secured hereby, all
<br />right, title, and iatereat a[ the mortgagor is and to any ittauragte policies risen in force shall paw to tine
<br />purchaser or mortgagee ar, at the option ni the mortgagee, may 6e surrendered for a refund.
<br />g. He wiH keep all buildings and other improvements un said property in good repair and condition;
<br />will permit, commit, ar suffer no waste, impairment, deterioration of sold property or any part thereo[;
<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 ae in its discretion it
<br />may tiesm necewary for the paoper preservation thereat: and the full amoam of rack and every such payment
<br />shall be immediately due and payable and shall be secured by else lien u[ thin mortgage.
<br />h. lit will not voluntarily create or permit to be created against the proprrty subject to this mortgage
<br />any lien ar liens inferior or superior to the lien of this atortgagc without the written cwssent of the tnort-
<br />gagce; and further, lee will k¢rp end maintain the same [rte from the claim u[ all persons supplying [shoe or
<br />materials far construction a[ ;.ny and ail buildings or improvements now bring erected .,r to he erected au
<br />said premises.
<br />i. Hs will oat rent or assign any part of the rent of said mortgaged proprrty or demolish, or remove,
<br />or substantially alter any building without the written consent of the nmrtgagee.
<br />j. All awards of damages in cannectiat; with any rntedsmaation tar public use of or injury to any of the
<br />prupeaty sultjset to thin mortgage are hereby araign¢d and shall he paid to mortgagee, who may apply the
<br />ranee to payrraent of rtes installt»enu last date under said Hate, and mortgagee is hereby authorised, in the
<br />name of stet mortgagor, to execute a,td deliver valid acyuiuancts thereof and to appeal from any such award.
<br />k. The mortgagee eha[l have the right to inspect the mortgaged prunissa ai any reasonably Nme.
<br />?, ldsltult in any of the Covenants or rontiitions o[ this instrument or of the rroty or loan agrrrmynt secured
<br />hereby shall termittate the mvrtgagur's right to posacseion, use, and enjucment of the property, at the option o[ the
<br />tnurigagtt ar his assigns tit being agreed that else mortgagor shall have ouch right until d¢[au[t). l`lwn any such
<br />~6lault: the mortgages alrall become the owtstr of all a[ Lh¢ rents and [srofits accruing after default a: security
<br />ffNt elm irtdtbtedm:ra scenred ltcrsby, with the right to rester upon said property fur the purpose of collecting ouch
<br />renN and pestles. TLis izcstrutacat titatll operate as an sasigtrment of env rentals on said proprrty to that Cxtent.
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