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80-1)~l ;?3 ~~ d. For better security of the irtdebtedrtess hereby secured, upon the request of [he mortgagce, its successors or assigns, mortgagor shall execute and deliver a suppltmrntal mortgage or ntor[gages covering any additiora, improvemenU, or betterments made [o the property hereinabove described and all property acquired by it after the date hereof tall in form satisfactory to mortgagee). Futhermore, should mortgagor fail w cure any default in the payment of a prior or inferior rncumbrance ten the property described by this instrumrnt, mortgagor here- by agrees to permit mortgagee to cure such default, but mottgagx is not obligated to do so; and such advances shall become part of the indebtedness secured by this instrument, subject to the same terms and wttditions. e. The rights created by this conveyance shall remain in full force and effect during any postponement or extension of the time of the payment of the indebtedness evidenced by said promissory note a notes, or any part ehereof secured hereby. f. To continuously maintain hazard insurance, of such type or types and in such atnounu as the mortgagee may from time to time require on the improvements now or hereafter on said property, and will pay promptly when due any premiums therefor. All insurance shall be tarried in companies aceeptable to mortgagee atu! tlu policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clauses in favor of and in form acceptable to the mortgagee. in event of loss, mortgagor will give immediate notice in writing to mortgagee, and mortgagee may make proof of Toss if not made promptly by mortgagor, and each insurance company concerned is hereby authorized and -directed to make payment for such loss directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied by mortgagee at its option either [o the reduction of the indebtedness hereby secured or [o the restoration or repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title Yo said property in extinguishment of the indebtedness secured hereby, all right, title, and interest of the mortgagor in and to any insurance policies thee. in force shall pass to the purchaser or mortgagee or, at the option of the mortgagee, may be surrrndered for a refund. g. To keep all buildings and other improvements on said property in good repair and condition; to permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the evrnt of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem necessary for the proper preservation thereof; and the full amount of each and every such payment shall be immediately due and payable; and sftall be secured by the lein of this mortgage. h. To not voluntarily create or permit to be created agai»st the property subject to this mortgage any lien or liens inferior to the lien of this mortgage without written consent of the mortgagee; and father, that mort- gagor will keep and maintain the same free from the claim of all persons supplying labor or materials for con- struction of any and all buildings or improvements now being erected or to be erected on said premises. i. 7o not rem or assign any part of the rem of said mortgaged property or demolish, ar remove, or substantially alter any building without the written consent of the mortgagee. j. x.11 awazds of datitages in connection with any condemn3rinn for public use of ur injury ~o ary of the property subiec[ to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the same to payment of the installments last due under said note, and mortgagee is hereby authorized, in the name of the mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award. k. The mortgagee shall have the right to inspect [he mortgaged premises at any reasonable time. 1. To comply with the provisions of any lease if this Mortgage is on a leasehold. If this Mortgage is on a unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations under the declaration or covenants creating or governing the condominium or planned unit development the by-laws and regulations of the condomitium or planned unit development, and constituent documents. 2. Default in any of [he covenants or conditions of this instrument or of the note or loan agcement secured hereby shall terminate the mortgagor's right to possession, use, and enjoyment o` the property, at the option of the mortgagee or assigns (it being agreed that the mortgagor shall have such right until defaulq. Upon any such default, the mortgagee shall become the owner of all of the rents and profits accuuing after default as security for the indebtedness secured hereby, with [he right to enter upon said property for the purpose of collecting such rents and profits. This instrument shall operate as an assignment of any rentals on said property to that extent. 3. If thts mortgagor defaults, and fails to make any payments when due or to conform to and euenply with any of the ~ndiuons or agreements contained in this mortgage or [he notes which it secures, then the entire principal sum and accrued interest shall at once become due and payable, and draw * per cent (17.5 %) interest thereafter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately fo: the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the date of this mortgage to the time of commencing such suit. *Seventeen and one-half 4. fn the event of a foreclosure or default as provided herein, the mortgagee shall at once be entitled to the pvs- session, use, and enjoyment of the real estate aforesaid and to the rent, issues, royalties, and profits thereof, from the accruing of such rights and during the pendency of foreclosure proceedings and such ppssessions, etc., shall at ortce be delivered to the mortgagee upon request, upon failure such delivery of such possessior may be enforced by martgagce, by any appropriate legal proceedings, including a receiver for the property. S. The ptocceds of any sale oi' said property in accordance with the preceding paragraphs shalt be applied firm to pay the costs and expenses of said sale, the expenses incurred by the mortgagee fur the purpose of protecting or traintaining said property, secondly, to pay the indebtedness set:ured hereby; and thirdtY. to pay anY surplus ar excess to the person or persons legally entitled thereto.