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~U®(~~i ~~ ~0 <br />is The mnrtgagar tteenants sail a a. fellows: <br />a. He trill promptly pay the indebtedness evidenced by said protttfseory note at the times and in the <br />manses therein provided <br />b. Hn will pay aU taxm, aases®mty water rates, and other governmental of manicipai chatgttsa lines, or <br />imposftiotu, for which providon Inge ntot been made hereinbefore, and will promptly deliver the ofltciai receipts <br />therefor to the acid mortgagee. <br />c. He will pay such expenses and fees as may 6e ircurred in the protection and maintenance of said <br />property, including the fees of any attorney employed by the mortgagee far the collection of any or all of <br />the indelriedneas hereby secured, or for foreclosure by mortgagee's sale, or court proceedings, or in any other <br />litigation or proceeding affecting said premises. Attorneys' fees reasonably incurred in any other way shall be <br />paid 6y the mortgagor. <br />d. For better aeeuri[y of the indebtedness hereby secured, upon the request of the mortgagee, its suo- <br />ceesots ar aseigtta, he shall execute and deliver a supplemental mortgage or mortgages covering any additions, <br />nmprovement& or betterments made to tht property hereinabove described :.red all property acquired by <br />it after the date herrnf (all in form eatiaiactory to mortgagee). Furthermore, should mortgagor fail to cure <br />any default in the payment of a prior ore inferior encumbrance an the property described by this iuetrameaq <br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do sa; <br />and such advances shall became part of t}te indebtedness secured by this instrument, subject to the same <br />terms and coadudona. <br />e. The rights created by this conveyance shall remain in full toter. and effect during any postponement <br />ac extension of $tc time of payment of the indebtedness evidenced by said promissory note ar any part thereof <br />secured hereby. <br />/. He.will continuously maintain hazprd 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 pay promptly when due any premituns therefor. All inatrrance shall be carried in companies aoroptabk <br />to mortgagee sad the policies and renewals thereof shall be held by mortgages and have attached thereto <br />lees payab~ clattxs itt favor of and is Corm ats;eptable to the mortgagee. Ia event of lone, mortgagor will girl <br />immediate notice ip writing to mortgagor, and mottga~ee may make proof of loo if not made promptly by <br />neartga~tr, end eseh iuauraace campanp oaneerned is hereby authorized sail directed to make paytnaat far eneh <br />€ y tts mere in~ead of to mortgagor end mortgagee jaiatiy,_aad the insttranes pzaeaeds, or say <br />part therXO[, may be applied by mortgagce at its option ritLee 4o the reduetitm of the indebtedness hereby <br />neiattr'od or to the rastoratiat or napair of the property damaged or deeuovctl. In event of for'eclmttre of thin <br />mortgage, ar other tratmler of title to said propery in erctingttiuhment of tbo iadebtedaeas escared herebp, all <br />t~igfre. ttla, and iaiw-rsrt of tee me:wgagor Ia and ict any itubttrance paiiziea then in farze shall pans to the <br />p~ haa~r er dart~ap._~ or, at th« option t±f iht• ntartgagr•»„ may let surrandersd for a reFt4*ed. <br />~. He will kas~ all Irutldiugs amd artier im~rorrmrnts an said property in rood repair and wndition; <br />will permit, commit, or su8er no waste, impairment, deterioration of said property or any part thereof; <br />in the event of failure aF the mortgagor to keep 2be buildings on said premises and those erected on said <br />~premiees, er improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it <br />may deem ttecreeary for the proper preservation thereof; and [he full amoaat of each ~tnd every such payment <br />shall be immediately dne and payable sad shall be secured by the lien of this mortgage. <br />A. Ht will not voluntarily create or permit to be croated against the property subject to this mortgage <br />any lien or liens inferior or superior to the lien of th4s mortgage without the written consent of the murP <br />gages; and turthor, he will keep and maintain the same Free from the claim of all persona supplying iaboz or <br />naetaria>c- for conslruction of any and aI! buildings or improvements now tieing erected a: to he erected uu <br />said premises. <br />i. He wilt not rent or assign any part of the rent of said mortgaged property or demolish, or remove, <br />or snbstaritially alter sny building without the written constmt of the mortgagee. <br />j. A11 awards of damages in connection with soy condemnation far public ass of ar injury to any of the <br />prrperty subject to this mortgage ors hereby assigned and shat) be paid to mortKagee, who may apply the <br />;~ to gny..:..n: ai the iiist'47lm~its last dirt :miles saia$ sate, sad martgag€~ is hvrzF,y astt~'.at==.~, ir. t`rz <br />name of the mortgagor, to Cxrfiate and deliver vatid acquittances thereof and to appeal from env such award. <br />k. Tho mortgagee shall here the right to inspect the mortgaged premises at any rs+uonable time <br />2 f?efault in any of the cotenants or rattdilions of dhia-instrument or of the n:rtr OP loran attrer~trnt rerurrd <br />~i_ L <br />~s~! anali ttsrntiaate the mortgagor's right to paewession,, use, and enjoyment of the property, at tltr option of tltr <br />tnartgagee or his assigns (it being agreed that the martgager shall have such right until default). Upoo any such <br />dsfanit, flhe ntortgagce shall become the owner of all of the rents and prafita accruing sftrr default as xrurity <br />fart the indebtedratss secured hereby, with the right to enter upon said property for the purpose o[ rolleetiug ouch <br />rnwb and prolita. This instrument shall oparaie as as anaigoment of say rentals an said property to that extent. <br />