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r <br />~c:t:~ <br />1 11r na aetppr sv~w ani setter as ta~uw: <br />a. He wiU P~FHY Ph ~ evideeoei by said paaaiaary nsee n tie tisaa aai is tar <br />rttrr tiae~ protrliei <br />b. He w611 pq all tatsra. aasert~raar, waver ratan, atai other Srsctaamtai R eiug~ iitw, ar- <br />~paritloaa, for wLieh praefioa lrar tart batm Brie 6saoiefere, aai trf8 pret~plly tlelirer the efriri raedpar° <br />therefor m the acid ttsortgagee. <br />e. Fie will pay such ezpettses and fees ad may be ineterzed in the protection and mainteaaace of Hid <br />ProFeriY. ittclading the fees of any attorney employed by the mortgagee for the collection of any or sll of <br />the ittdebtedle~ hereby saeortd, or far foreelosarn bq mortgagee's sak, or certri praoeeiinff, or is avy other- <br />.. - litigation or proceeding affecting acid premises. Attorneys' fees resaoeably incurred io any other way shall be <br />paid by the ~rigagor. <br />d. For better security of the indebtedness 6erebp secured, aeon the tYgaeer of the mortgagee, its arts <br />ceaaors or assign0. he shall execute and deliver a supplemental mortgage or moRgagd covering any additions, <br />impsrt:menis, ar bz•,termrnia made in the proptrty hereinahove dexeibed :nd aD property aegaired by <br />it after the dart hereof (ail in form satisfactory to mortgagee). Furthermore, ahauld mortgagor fai[ to care <br />say dtfealt. in the payment of s prior or iaftrior encumbrance on the property described by this i»strttertent, <br />marigagar hereby agrees to permit mortgagce to cure each default. but mortgagee is rtat obligated to do so; <br />sad such advances shat) become part of the indebtedness secured by this instrument. subject to the name <br />terms and conditions. <br />e. The rights created by thin conveyance shall remain in full force and effect during any postponement <br />ar extension nF the time of payment at the indebtedness erideamd by said promi~ory norr or any part thereof <br />ercured berebv. <br />f. He will corttinuovaly maintain hazard insurance, of each type or types and in such amounts as the <br />mortgagee may from time to time inquire on the improvements now ur hereafter on said properly, and <br />will pay promptly when doe any premiums therefor. All iasnraace shall be carried it companid acceptable <br />to teartgagee sad the polieia and renewal thereof shall be hdd by mortgagee sad bare attaebed thereto <br />kae payable dames in favor of sad is Corm acceptable to tree mortgagee, fa event of lass, mortgagor will giro <br />itamediate notice is writing to mortgagee, u~ mortgagee may ntalne proof o[ loss if sot made P~P~7 1tY <br />ttsortgagor,.a~ts] each iazaraace oompmy caaceraed is hereby authorized and directed W make pay»xnt for stab <br />leas derectly to enorigagee instpd of to n+oztgagor sad mortgagee jointly. sad the inaaraece proaeda, or any <br />part thereof, maT be applied by mortgagee at its option either to the cedaetioa of the indebtednne herelty <br />seertred oz to Ste reetoratioa or repair of the praperiy damaged ar dssuoyed. In event of forecbteare of this <br />trs>trtgag~ or otber tremfer of title to said property iu extinguishment of ibe indebiedneee secured aceeby, all <br />rigb4 title, sad iaterdt of the mortgagor is sad to say iaatusatx policies then is force shall pass to the <br />purchaser or mortgagce or, at the option of the mortgagee, may be surrendered for a refnpd. <br />g. He will keep all buildings and other improvements on said property in good 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 failure of the mortgagor to keep the buildings on said premises sad 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 deem necessary for the proper preservation thereof; and the full amount of each and every such payment <br />shall be immediately due and payable sad ehdl be secured by the lien of this mortgage. <br />h. He will not voluntarily create-or permit to ue created against the property subject to this mortgage <br />any lien or liens inferior or superior w the lien of this mortgage without the written consent of the mort- <br />gagee; and iuriher, he win keep and mainttin the same free from du claim of aA persona supplying labor or <br />materials for construction of any and all buildings or improvements now being erected or to be erected on <br />said premieee. <br />i. He will sat rent or assign any part of the rear of acid mortgaged property or demolish, or remove, <br />- or suhetantially alter any building without the written consent of the mortgagee. <br />j. All awards of damages in eeoneadon with any coedemnation for public use of or injury to say of the <br />propariy sttbjsct to thu mortgage arc hereby assigned and shall be paid to mortgagee, who may aPP1Y ~ <br />aarse tG payt at the inatallmeata last des under said note, and mortgagee is hereby authorised, is the <br />Hama of the mortgagor, to execute and deliver valid acquittances hereof sad to appeal from any such award. <br />fe. The mortgagce shall }rave the right to ioapect the mortgaged premises at say reasonable timt. <br />$,i)rlaull tat any.ui the-corettaata or caaditiom of this instrument or of the note or loan agreement secured <br />y~°wi. t s`°:..ira:p t:u au-.r'c-- -US e r to OsaCpion. <br />Sag rigp p use, and enjoymtnt of the property, at the option of the <br />tlq~rtet or his arigns fitheiag agreed that tht mortgagor shall have such right until drfaultj. Upon any each <br />the mortgages shat{ bceomr the owner ut all of the rents sad pro&ts accruing after default as security <br />fir isidebtedtaeae secured ltereby, with the right to eatez _typan said property for the purpose of collecting sutb <br />ayga atai profits. Thissn-trumeat shall operate as an aasigttaastu of teny trntal on said properly w that extent. <br />