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<br />L 'T6e tt»rtpgor oaamsnb and agraaa as Matra: +LS~ ~j { ~ '€a ~ ;a (~
<br />a. He will 1Pt'om.FH7 Pal the indebtedness evidenced by as#d promirory note at the times aed in tLa
<br />manner thtueitt provided
<br />6. $a will pay all rues, areatmattta, Mater titre, and Other gtwernmentsl ar mtauitapsl ehatiPw+ 6ney or
<br />impotutittns, for vvhie6 provirion ha. trot ban imde heteinbetore, and will promptly deUver the o~dai rexipts
<br />therefor t0 the said mortgrgee.
<br />c. He will pay such ettpenses and fees ae may be incurred in the protection and maintenance of said
<br />property, including the teen of any stlaroey employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclosure by mortgagee's sale, or court peoceedinga, or in any other
<br />iitigatian or proceeding uRecting said premieee. Attorneys' fees reasonably incurred in any other way shall be
<br />pYid by the mortgagor.
<br />d. For batter eeeurity of the indebtedtteas hereby secured, upon the requmt of the mortgagee, its suc-
<br />cesaoro or aes#gna, he shall ezecu[e and deliver a supplemental mortgage or mortgages covering any additions,
<br />it~t„=e; ~°°t~~.s, or .~-~tterr..~.~ia triads to tide property hereinabnve described :nd aiS property acquired.hy
<br />q it after the date hereof fait in form satisfactory to mortgageel. Furthermorq should mortgagor fail to sure
<br />~~' any. defau!! itt the payment of a prise or inferior encumbrance on the property described. by Ehia instrument,.
<br />mortgagor hereby agrees to permit mortgagee to cure such defauk, but mortgagee is not obligated to do ea;
<br />and such advances shall become. parr of the indebtedness seeurrd by this instrument, subject to the same
<br />terms and conditions.
<br />e. The righU created by this ronveyanee shall remain in full farce and effect during any poetponenrent
<br />ar extension of the time of payment of the indebtedness evidenced by said promissory note or any part thereof
<br />arcured hereby.
<br />~. I'le will continuously maintain hazard insurance, of such tvpe ar h•pes and in such amounts as the
<br />mortgagee mmc from time to time require on the improvements now or hereafter on said property, and
<br />will pay promptly when due any premiums therefor. All inenraae: shall )x carried in companies acceptshle
<br />to martgagse and the policies and renewals thereof ehal! be held by mortgagee and have attached thereto
<br />loss payable clacmee is favor o[ and in form atxeptable to [he mortgagee, In eveat of loan, mortgagor will glee
<br />immediate notice itt writing to mortgagee, and mortgagee may make pr«tf o[ loos if not made promotly by
<br />mortgagtr, end rreh ituurance. company concerned is hereby authorised sad directed to make payment for such
<br />lose tlirectiy to mortgagee instead of w mortgagor and mortgsgsa jointly, and the insuranoe proceeds, or any
<br />part tl~rsatf; may be applied by d...ry-ta8ee at its aptian sitlter to the reduction of rite indcbtadnems hereby
<br />aeatttad or, to the restatatior# or repair of the pritperky damaged ar destroyed. in event of foreclosure of this
<br />taKrttgage, ar atbsr ttanafer of title to said property in eatinguisbment of rite indebtedrteas secured hereby, all
<br />rsrts tit'_.q aed n#arant a: te:e t~rtgagar in. and to arty i~uaurance paliciea their in fatcm shmil pans to the
<br />purchan.r ar taarlgage~ ar, at the= option s€ the mortgagee. may be aurrrntieretl for a refund.
<br />g. He will keep ail buildings sad other improvements on said property in good repair and Condition;
<br />will permit, eumm#t, ur suAer tw wastq impairment, deterioration o[ said property or any part thereof;
<br />in the event of failure of the mortgagor to keep thr• buildings on acid premises and those erected on said
<br />premises. or improvements thereon, in good repair, the nmrtgagee may make such repairs as in its discretion it
<br />may deem necessary (or the proper preservatimt thereof; and the foil amount of each and every each payment
<br />shall be immediately due and payable and shalt he secured by the tiers of this mortgage.
<br />h. He will not voluntarily rreatr or permit to be created against the property subject to this mortgage
<br />soy lien ar liens inferior or auixrior to the lien of this mortgage without the written oonaent of the mort-
<br />gmgee; and farther, he will ket•p and maintain ihr same free from the claim of iii pereans supplying labor or
<br />maleriala fur conatrvetion of ins and a0 buiWinga ur improvenrrnta now txing erected ar to he erected nn
<br />salrl premises.
<br />i. He will real rent ar assign env part of the rent of said mortgaged property or denwliah, or remove,
<br />ar subalant'eally after any huildrng without the written rnnaent of the mortgagee.
<br />j. -Ali awards of damages in connection with ins condemnation for pablic use of ur injury to any of the
<br />---jrroparty subject to thin rnurtgaga are hereby assigned and shall 6e paid to mortgagee, who may apply the
<br />satnr..ic raysceat of Eire irtatalitnents las€ Jae under said mute, and mortgagee is hereby autlrariaed, in fire
<br />name of the mortgagor, to execute and deliver valid xcgrtiltancea thereat amd Io appeal from say aucb award.
<br />k. The mortgagee shall base the right to inapeci the mortgaged prontia~ at any reasonable xitne.
<br />2: f)efault in. any of 46e eovenanu nr conditions of xhis instrument or u# the, ante or loan agreement srrured
<br />by ohmtl_tet70inata#lte_ntor#gagara rightlo puaseasiun, tree, and enjoyment nF the property. at the option of the
<br />spat#gagee ar hrs assigns iii being agreed that the mortgagor shall ftavt sorb right anti! detauli). I-iwn env such
<br />[auk, the mortgagee shalt berume the owner of ail of ihr. rents and profits xccntina after default as security
<br />for• the tndcbiedness assured }teeeby, with the ttight to enter upon said property fur flat, purpose ,of coltacting such
<br />r4.Bts acid prafr.#s. This inettvmc-=ri shall oper;tzr as sa aaaigrntant of nay renemta on said property' to thst axteht.
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