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<br />80-. Uhl ; 253
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its s[tceesaors
<br />or assigns, trtortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />impr.~++etnenu, or bettermenu made to the property hereirtabove described and ail property acquired by it after
<br />the date hereof (all in form satisfactory to rrmrtgaget}. Futhermore, shwW mortgagor fail to cure any default
<br />in the paymrnt of a prior or inferior rncumbrarix on the property described by this instrument, mortgagor here-
<br />by agrees to permit mortgagee to cure s•.tch defauh, but tramgagee is trot obligated to do so; and such advances
<br />shall become part of the indebtedness secured by this itairuntaptt, subject to the same tertns and conditions.
<br />e. Ter righu created by this conveyance shall remain in full force and effect during any postpot[ttnent or
<br />extension of the time of the payment of the ittdebtedttess evidenced by said promissory torte or notes. or any
<br />part thereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type or types attd in such amounts as the mongagtx
<br />may from titer to time require on the improvetttenu now or hereafter on said property, and will pay promptly
<br />when due any premiums therefor. All imurartoe shall be carried in companies acoeptabk to mortgagee and the
<br />policies and rrnewals thereof shall be held 6y mortgagee and have attached thereto loss payable clauses in favor
<br />of and-in form acceptable ro [he mortgagee. In event of loss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof. of loss if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment for such Toss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part [hereof, may be applied
<br />by mcmgagtx at its option either to the reduction of the indebt..tinas hereby secured or to the re_sioration or
<br />repair of the pcoperty damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title
<br />to said property in extinguishment of the indebtedness secured hereby, all right, tint, and interest of the
<br />mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the rnongagee, array be surrendered for a ret'und.
<br />g. To kelp all buildings and other improvemrnu vn said properly in good repair and condition; to
<br />pttrnit„ commit, or suffer no wash, impairment, deterioration of said property or any part thereof; in the event
<br />of failure of the mortgagor to kttp the buildings an said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary for the proper preservation thereof; and the full amount of each and every such payment shall be
<br />imtntdiately due and payable; and shall be secured by the Lein of this mortgage.
<br />h. To not voluntarily create or permit to be created against the property subject to this mortgage any lien
<br />or liens inftrior to the lien of this mortgage without written consent of the mortgagee; and father, that mort-
<br />gagor will keep and maintain the same free from the claim of all persons supplying labor or materiels for con-
<br />struction of arty and a!! buildings ar improvements now being erected or [o be erected on said premises.
<br />i. To not rent or assign any part of the rent of ;aid mortgaged property or demolish, or remove, or
<br />substantially alter mny building without the written consent of €he mortgagee.
<br />j. ~.li awards of damages in comte;:titrn with any condemnation for public use of nr injury to any of the
<br />property subject to~ this msyrtgage are hereby assigned and shall bs paid to z"ti igagee, wF.n ntaY apply the same to
<br />payment of the ins[aitments last due unde€ said note, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. Tht mortgagee shall have the right to inspect the mortgaged premises at any reasonable time.
<br />I. Te comply with the provisions of any lease if this Mortgage is on a leasehold, if this Mortgage is on a
<br />utut in a condominium or a planned unit development, Borrower shall pecform al! of Borrower's obligations
<br />under the det:Jara[ion or covettanu creating or governing the condominium or planned unit develapment,the
<br />by-laws attd xegtttations of the [:ondnminium or planned unit development, and constituent documents.
<br />2• Default in any of the covrnants or conditions of this instrumeut or of the note or loan ageemrnt secured hereby
<br />shall terminate the mortgagor's right to possesatoa, use, and enjoyment of the property, at the option of the
<br />mortgagce or assigns (it bring agr~ that [he mortgagor shalt have such right anti{ default). Upcn any such
<br />default. the [ttortgagce shall becom"t the owner of all of the rents and profiu accuring after default as steuriry for
<br />the itxlebtrdness secured hereby, with the right to enter upon said property for [he purpose of collecting such
<br />rents aad proius. This instrtuttent shalt op[xatt as an assignment of any ren[a!s on said property to that extent.
<br />3. if the mortgagor defautu, and fails to make any payments when due or to conform ter and comply with env of
<br />t~ ---'iti yr ag~ts :rrstainta in titi4 mortgage or the Hates which it secures, thin [he emire principal
<br />~ttn turd ac-trued imtrest shah at once bs~c.orrte due aced payable. and draw " Der cens t_lc..~~ro} inurrst
<br />thtsafter anti! }raid at the election of the tnortgagtt; and this mortgage may thereupon be foreclosed immediately
<br />for the whole of the indtbtcdntss hsrelry sect[rtd, inc}udittg the cost of extending the abstract of title [rem the
<br />dots of ttus mortgage to cite time of cotnmencittg such suit. +
<br />Sixteen and One-Half
<br />4. 2$ tits evtttt of a forselosure m dtfauf? as provided herein, the tnortSaaee shall at once be entitled to the oos-
<br />7eestort, use, and enjoyment o! rite real estate aforesaid and to the rent, issues, royalties, and profits thereof,
<br />froria tl[e ac.ruing of stu;h righu atxt during the pendrncy of fnre~lasute proceedings and such possessions, etc.,
<br />6tdild u itncs be dn3ivertd fo the mortgagee upon request, upon failure such delivery of such possession may ere
<br />etif9rcesl by mortgagac, by arsy as~opriate kgaf proceedings, ir[cittiling a recover t'ar the property.
<br />S. Tits trt9+;•ecd} of any :ale of said prapctty in au:rrrdance with the preceding para¢raphs shat[ he applied fast to
<br />Pay rht costa and ext3eascs of stud cats. the s><pences irvctarrc+l by ttt morittsgec for the purpose ~ t pa:[ecna& ~:
<br />t~tjntaratrrg aaat property, atcnndtY, tc pay flu iatEltb[tdt[ess aecwed i[erchy, acv! tturdty, t:, tv} any uurpiu..ir
<br />a`x.~a so the l~ ~~ Dcrx.:ns k`galtY rrttittrf tiltrnn
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