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<br />~, ~ mortgagnr ceveaaan arts a~reee ae follows[
<br />a. He will promptly pay the indebtedness evidenced by said prnmieeory cote at the times and in the
<br />meaner tbe>zin grovided
<br />b. He will pay all ta:ea, aaseasmmte, water terse, and other governmental or mtmicipal charges, finee, or
<br />imporitiotta, for which provision bas sot bests tnade hereinbefote, and will promptly deliver the official receipts
<br />therefor to the etid mortgagee.
<br />c. FIe will pay each expenses and fees ae may be incurred in the protection and maintenance of said
<br />property, including the fees of any attorney erttployed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee's sale, or coon proceedings, or in any other
<br />litigation or proceeding affecting said premises. Attorneys' fees 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 rho mortgagee, ire euc-
<br />ceaeorn or assigns, ho shall execute and deliver a supplemental mortgage or morigegea coveting any additions,
<br />improvements, or bettermenU made to the property hereinebove described :nd ail property acquired by
<br />.. ter •We dates het u'f fall ~ fans, satisfscto-ry to mortgagee). Frr~ihermoee, shanin' mortgagor fail to cure
<br />any default in the payment of a prior or inferior encumbrance on the property described by this iaetnrment,
<br />mortgagor hereby agrees eo permit mortgagee to cure such default, bnt mortgagee is no4 obligated to do so;
<br />and sorb advances shall become part of the indebtedness scented by this instrument, subject to the same
<br />terms and conditions.
<br />e. '1"he rights created by this rnnveyance shall remain in feel[ force axed 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 Itetehy.
<br />f. [?~ will continuously maintain hazard insurance, of such type or types and in such amounts as the
<br />mortgagee may from time to time require on the improvements now or hereafter on said property, and
<br />will psy promptly when due any premiums therefor. All inaurmce shall be carried in companies acceptable
<br />to mortgagee and the policies and renewals iltereof shall be held by mortgagee and have attached therem
<br />loss payable clauses fin favor of and in form acceptable to the mortgagee. In event of Iou, mortgagor will give
<br />itttmediate nods in writing to mortgagee, and mortgages may make proof of lose if not made promptly by
<br />martgagee, attd each itteuranee company wacerned i s 6erebp authorized and directed to make payment for such
<br />Ism directly to mortgagee indeed of to mortgagor and mortgagee jointly, and the insurance proceeds, or any
<br />pert tbemtf, stray be applies by mortgagee at its option either to the reduction of the indebtedness hereby
<br />eeanred or to •the re~toratioa or repair of the property damaged ar destroyed. In went of forecioenre of flu,
<br />mortgage, or aibee transfer of tick to said property in exungttiehment of the iadebtedneaa secured hereby, all
<br />right, Eitle, a$d iateted of the tnrsrYgsgar in and tU any insurance policies then in force shall pass to the
<br />purchase: ar trio.,gag.-~° ar, ae the option ees` the mortgagee, neav ire surrendered for a refund.
<br />g. lIe will keep all buildings and other improvements on said properly in good repair and condition;
<br />will permit, commit, or suffer no waste, impairnreot, deterioraiiott of said property or any pan 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 ie
<br />may dean necessary for the proper preservation thereof; and the full amount of each and every such payment
<br />shall be immediately due and payable and shall be secured by rho lien of this mortgage.
<br />h. Ifs will not voluntarily create or permit to be created against the property subject to this mortgage
<br />any lira or liens inferior or superior to the lien of this moregage wilhaut the written consent of the mort-
<br />gagee; and Curther, he wetl keep and maintain the same tree from the claim of all persons supplying labor or
<br />materials [or construction of. aoy and all buildings or improvements now being erected or to lu erected on
<br />said premises.
<br />i. He wilt not rent or seeigee env part of the rent oC said mortgaged property or demolish, or remove,
<br />or eubetantially alter any building without the written rnnsent of the mortgagee.
<br />j. All awards of dnmagea in cetutection with any condemnation for public use of or injury to any of the
<br />propert}~ subject to this rnortgagc arc hereby aesugaed and shall l±c paid to mortgagee, who may apply the
<br />same to payment of the installments last due under said noire and mongagen is hereby authorised, is the
<br />name of the mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time
<br />2. Llefaalt in,anv of th.. ___~_nts ,.. _..ttdit.-...o .^.f this ...a....,..r... .,r .^,f il-° ...,.~ .,: l.;a.. sF:~n.G.., -..,-1
<br />hereby shall terminate rho mortgagoPe right to possession, use, and eajoymeot of the property,^at the option of the
<br />mortgagee or hie assigns (it being agreed that the mortgagor shall have such ri~,ht until default). Upon any such
<br />defaulq the mortgagee shall become the owner of all of the rents and profits accruing after default as security
<br />for the indebtedness secured hereby, with the tight to enter upon said property for the purpose of collecting such
<br />tmtte and profits. Thin instrument shall operate aB an. assignment of any rentals on said property to that extent.
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