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<br />1. 'l7re [ OOH sad agrees d follows:
<br />L $! will premptly pay the indehteiew e-ideaeed by sod pre®wory ODIC al till! tiOw std ist the
<br />>iOOCr th~Cin proviebd
<br />b. He will pay all taus, awestmmb, water Ores, and other gwerattsemtal rx tnmiripal ehar~wy frs. to
<br />impssidotta, for which pravidon br nd berg made he:eiabefore, and will promptly deliver the aieial reeripts
<br />therefor to the said mortgagee.
<br />c. He will pay such expenees and fees as may be iaenrred in the prottetfon and main[tnauce of said
<br />property, including the fees of any attorney employed by the mortgagee for the collection of any or all of
<br />the indebtedness hereby secured, or for foreclowre by mortgagee's axle, or eonrt ptoeeedinge, or in any other
<br />litigation or proceeding affecting said premiers. Attorneys' fees reasonably incurred in any other way shall be
<br />paid by the mortgagor.
<br />d. For better security of the indebtedness hereby secured, upon the regveat o[ the mortgagex, its sno-
<br />ceeeorn or awigna, he shall executt and deliver a supplemental mortgage or mortgagee covering any additions,
<br />improvements, or betiermenta made in the property hereinabove described : nd all property acgetired bq
<br />it after the dace hereof (all in form eatiefactary to mortgagee). Furthermore, should mortgagor fail to cure
<br />any defanlt in the payment of a prior pr inferior encumbrance on the property described by this instrument,
<br />mortgagor hereby agrees to permit mortgagee to cure each dtfault, but mortgagee is not obligated to do eo:
<br />aad such advances shall become part of the indebtedness secured f.~ this instrument, subject to the same
<br />terms and conditions.
<br />e. The rights created by this conveyance shall remain in full (ores and affect during any postponement
<br />or extension of the time of payment of the indebtedness evidenced by said promissory note nr any part thereof
<br />secured hereby.
<br />/, He will continuously maintain hazard insurance, of such type or h'pes and in such amounts ae the
<br />mortgagee may iron time to time require on the improvements now or hereafter on said property, and
<br />will pay promptly when doe any premiums therefor. All insnrance shall be carried is companies aeoeptabk
<br />w mortgagee and the policies and renewals thereof shall be held by morlgagx and have attaebed thoreto
<br />loos payable clauses is favor of and in form aeceptabk to the mortgagee. In event of loss, mortgagor will give
<br />immediate notice in writing to mortgagee, and mortgagee may make proof of low if not made promptly by
<br />mortgagor, and each ittstttantx company eonceroed is hereby authorized and directed to make payment foe such
<br />kw directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insm~attce proceeds, or any
<br />part tbez-..of, may be applied by mortgagee a ire option either to the reduction of the iade6tedrteas hereby
<br />escured or to the testorr,~tion or repair of the property damaged or deetroped. la ereat of foreckenre of this
<br />mortgage, or other ltamfer of title to acid property in a:tittauiehment of the indebtednew eccttred hereby, ail
<br />right, title, and intertet of the mrrtgagor in and to anyulauraace policies rhea in force shall paw w the
<br />purehastr oz mortgagee or, at the option of the mnrtgaget, may be surrendered far a refund.
<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, smpairment, deterioration of said property or any part thereof;
<br />fn the event of failure of the mortgagor to keep the buildings on said premises and those erected on said
<br />premises, or improvements thereon, in good repair, the mortgagce may make such repairo ae in it6 discretion it
<br />may deem neceeeary for the proper preservation thereof; and [he full amount of each and every such payment
<br />shall be ienrrtediately due and payable and shall be secured by the lien oC this mortgage.
<br />h. He will not voluntarily create or permit to 6e created against the property subject to this mortgage
<br />arty lien or liens inferior or superior to the lien of this mortgage without the written consent of the mort-
<br />gages; and further, he will keep and maintain the same free [rom the claim of all persona supplying labor or
<br />materials for construction of any and all buildings or impravementa now being erected or to be erected on
<br />said premises.
<br />i. He will not rent or assign any part of the rent of said mortgaged property or demolish, or remove,
<br />or aubetentielly alter any building without the written consent of the mortgagee.
<br />j. All awards of damages is connection with any condemnation for public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the
<br />same Io payment of [he inetalLnenta last due under said note, and mortgagee is hereby authorised, in the
<br />name of the mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect the mortgaged premises at any reawnable time.
<br />2, Default in any of the covenants or conditions o[ this instrument or of the note or loan agreement secured
<br />hereby shall terminate the mort¢a_aor's ria_ht to poeateaion, use, and en iovmtnt of the orocerty, at the nation of the
<br />mortgagee or hie amigos lit being agreed that the mortgagor shall have such right until default). Upon any such
<br />default, the mortgagee shall become the owner of all of the recta and profits scenting alter default as security
<br />fax the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting ouch
<br />rmU sod profits. This iostrumeot shall operate ae an assignment of any rentals on said property to that extent.
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