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O C"t ~''. ,.:. -~-s Q d. For better security of the indebtedness hereby secured, upon tht request of the mortgagee, its suttessors or assigns, mortgagor shah execute artd deliver a suppkntrntal mortgage or mortgages covering any additictts, improvements, or betterments made to the property hereinabove described and all property acquired by it after the date hereof lail in form satisfactory to mortgagee). Futhermore, shouts mortgagor fail to cure any default in the payment of a prior or inferor encumbrance on the property described by this irtstrurnent, mortgagor here- by agrees [o permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances shalt become part of the indebtedness secured by .his instrument, subject to the same terms and conditions. e. The rights created by this conveyance shall remain in full force and effect during any postportetttrnt or extension of the time of the payment of the indebtedness evidenced by said promissory note or notes, or any part thereof secured hereby. f. To continuously maintain hazard insurance, of such type or types and in such amounts 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 carried in companies acceptable to mortgagee and the policies and renewals thereof shall be held by mottgagee and have attached thereto loss payable clauus 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 loss 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' [he insurance procceds, or any part thereof, may be applied by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or repair of the property damaged or destroyed. [n event of foreclosure of this mortgage, or other transfer of title to said property in extinguishment of the indebtedness secured hereby, al! right, title, and interest of the mortgagor in and to any insurance policies then in farce shall pass to the purchaser or mortgagee or, az the option of the mortgagee, may be surrendered for a refund. g. Ta keep al[ buildings and other improvements on said property in good repair and condition; [o permit, commit, or suffer no waste, impairment, deterioration of said property or any part [hereof; in the event of failure of the mortgagor to kcep 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 [he proper preservation thereof; and the fu6 amount of each and every such payment shall be immediately due and payable; and shall be secured by [he loin of this mortgage. h. To not voluntarily create or permit to be created against 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, To not rent yr assign any par[ of the rent of said mortgaged property yr demolish, or remove, or substantially alter any building without the written consent of the mortgagor. j. All awards of damages in connection with any condemnation for public use vi or injury to any of the ptoper[y subject to this martgagt are hereby assigned and shall he paid to mortgagee, who maY aPPIy the same io payttirnt of the installments last due under said note, and mortgagee is hereby authorized, in the name of the mortgagor, to execute and deliver vahd acquittances thereof and to appeal from any such award. k. The mortgagee shall have the right to inspect the mortgaged premises a[ any reasonable time. I. 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 trnder the declaration or covenants creating or governing the condomim~.n or planned unit devetopment,the by-laws and regulations of [he condominium or planned unit development, and constituent documents. 2. 1?efault in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the mortgagee or assigns (it being agreed that the mortgagor shall have such right until default). Upon any such default, the mortgagee shall become the owner of all of the rents and profits accuring at`ter default as security for the indebtedness secured hereby, with the right ro enEer 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 the mortgagor defaults, and fails to make any payments when due or to conform to and comply with any of the conditions or agreements contained in this mortgage or the notes which it secures, [hen the entire principal runt ate arxrucd intues€ shall at once become due and payable, and draw per cent (?m) interest thereafter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately for [he whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the date of this mortgage [o the time of commencing such suit. 4. In the event of a foreclosure ar default as provided herein, the mortgagee shall at once be emitted to the pos- session, use, and rnjoymmt of the teat 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 possessions, etc., shall at once be dehvered to tht mortgagee upon request, upon failure such delivery of such possession may be .enforced by mortgagee, by any appropriate legal proceedings, including a receiver for the property. 5. Tht proceeds of any sale of said property in accordance wrth the preceding paragraphs shall tie applied first tv pay the costs and expenses of said salt, the expenses insvrrtd by the mortgagee for the purpose of protecting or mairttainiag said property, secondly, to pay the iruiebtedness secured heretry; and thirdly, to pay any surplus ur excess to the person or persons kgally entitled thereto.