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<br />>. Tr. emenaals ed.gtes a. telbws;
<br />.. ~ will prtmptly pay the iredehtedueas evfdmeed M staid pr...i.arp sere at the tiatta aced is tlr
<br />tnat.et tbanaia pt~vided
<br />b. Ha will fny all taws, ararmtmts, water rates, sad other govezwmtal or'ttatiQpat ehargit~ fiesy ar
<br />impsitiona, far erhidr preiraiaa hr trot bas trade Lereinietore, and will promptly deliver the eirial rsaeipor
<br />thriefa~ to the said sortgagee.
<br />c- He will pay such expeosea and fees as may be marred 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 />[he indebtedness hereby secured, or for foreclosure by mortgagee's sale, or court proesedings, or in any other
<br />litigation or prot~eding affecting said premises. Attorneys' fees reasonably incurred in any other way ebaB be
<br />paid by the trtortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the regaeat of the mortgagee, iu wa
<br />censors or assigns, he shall execute and deliver a enpplemmtal mertgage or mortgagee covering soy additieas,
<br />imptorcrnertt4 or betterments made to the property hereinalwve described :tut al} property acquired by
<br />it a€t~ t,:e date berrof . ail in form satisfactory to marigagae'i- Furthermore, -should ntoYr{tal[ar €ail io c~
<br />any defauh in cite payment of a prior or inferior encumbrance on the property described by this tinetrommt,
<br />mortgagor hereby agrees to permit mortgagee to cure such default, btu mortgagee is not obligated to do eo;
<br />and such advances shall become part of the indebtednes» secured by this instrument, subject to the same
<br />terms and condition.
<br />e. The rights created by this conveyance shall remain in full farce and effect during any postponement
<br />or catenaion of the time of payment of the indebtrdneas evidenced by said promissory note or any part thereof
<br />secured herebw.
<br />/. He 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 Raid property, and
<br />will pap promptly when due my prrmiams therefor. All inurance sball be carried in cmrpanin aoseptable
<br />to mortgagee and the poiicid sad rmewaL thereof shall be held by mortgagee and have attaebed thereto
<br />law payable clattaes is favor of slid in form acceptable to the mortgagee. En cunt of bras, mortgagor will give
<br />immediate trotice in writing to mortgagee, and mortgagee may make proof of low if tmt [Wade promptly by
<br />mt; acrd e~ ittearaaea rnmpaay eoaeeraed is hereby aotheziaed sad directed to make payment for t~
<br />IOC directly to tnortgage~e matead oI to mengagoS and tttortgagx joietly, and the inwtrance proceeds, ar say
<br />pan thereof, map he applied by mortgagee at its option either to the reduction of the imlebtedmw hereby
<br />aemred or to cite restoration or repair of the property damaged or destroyed. In ermt of forecloaare of this
<br />mortgages, ar other transfer of title to said Property in ertingitiahtrscnt of the indebtedttesa eeeueed hereby, all
<br />ri~1t, tilt ~ and interret of the tasatgag~ in and to ens Rnr3ra~ea polieisa *_hm ia. faros stall pass to t4x
<br />purchaser or mortgagre or, at the option of the mortgagee, may be surrendered for a refund.
<br />tQ'- HC Nill ktxp Yll builditrga and other imirrovemests art said property in food repair and condition;
<br />will permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof;
<br />is the event of tsilurc 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 it
<br />may dcem necessary for the proper preservation thereof: and the full amount of each and every ouch paymmt
<br />shall 6e immediately due and payable end eha}I be secured 6y the lien of this mortgatee.
<br />b. He will not voluntarily create or permit to be created agaimt the property subject to thin mortgage
<br />any iim or titans inferior or superior to ,the lien ai thin mertgage without the written rnneent of the mort-
<br />gakce; and further, he will keep and maintaiq the same free from the claim of all persona supplying labor or
<br />materiak for ~aragt_~it~tioa of any and all buildings or improvements new being erected or to be erected on
<br />said preteiam.
<br />i. He will not rent or awign any part of the rent of said ntortgaRed property or demolish, or remove,
<br />asr substatttially alter any building without cite written consent of the mort{CaRee.
<br />j. Ail awards of damages in coarteotian with any condemnation for public use of or injury to say of the
<br />property atrhjcet to this mortgage ass 6eroby assigned and shall be paid to mortgages, who may apply the
<br />sasgs to paymeart of lice inaytAmsafs last dtw under said Hate, and mortgagee ie hereby authorised, in the
<br />na-rixe of the raortAagat, to carats and d=_liver va?id aeyaittancea 4hareo€ and to appea] from anc such award.
<br />~ The mttrigsgce aha/1 havs thx right to iaapeci the tswrigagsd pramisw at say rxaaouah:e tithe
<br />$, fAafau}t to any Of tliC covsnants of coadirioas of this iastru®ent or of the note or loan agreemsat secured
<br />httrahy abali terwtiasu the mortgrgor a right to potreesion, [tee, sad enjoyment o! the property, at the option of the
<br />ntotlsigss or his aasia~_es lit 6c1n _ and that el... ,mn~agor et.atl t.a__ Wit, . R6t . ot_t .iotaolt) t;r~t. _ stu-it
<br />dsfa#lt, ibe mortgagee shalt bscome~t}te ownrr of all of the renb aadpprofita 'acemins after default asasscurit+
<br />fat tie ittdtLtsdnaw escnrcd hereby, with the right to ettter upon said prapertr far thr purpose of roilectirtq ouch
<br />rrMCa and profits, This iastrutnent ebail operate ss an awigna4sat of ^ny rentals on raid property to that eatsat.
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