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<br />d. For better security of the #ndebtafness hereby secured, upon the request of the mortgagee, its sucxessors <br />or assigns, mortgagor shall execute and delver a suppkmr-,tat tnartgage or mortgages covering any additions, <br />improvements, ar bettet~tnnettts made to the property htre'srtabove described and a#! property acquired by it after <br />the date hereof {aft in farrtt satisfactory us mortgagee}. Futhermare, should mortgagor fait to enre any default <br />is ttte payrt€ent of a prier or inferior ettctrmbrance on the property rleiczi~d by this ittstrurnettt, mortgagor here- <br />by agrees to permit inartgagee io cure such default, tsar mortgagee is not obligated to da so, and such advance <br />st~.s#: b~.-~ pa.~: of ttte i;s-..~t.~s .n ur ~ vy tt:s ,..~..,..,~.. , s;:b~.~-t to t R m,~ t~.°s a~ : ea:.:dti~. <br />e. 'l'l=~ .rights crested by this convz,ance shawl remain in frill force and effect dosing arty postponement ar <br />extension of the titer of the paymtnt of the ittdebtedssess evidenced by said promissory mote or tortes, or any <br />part thereof secured hereby. <br />f. ~a continuously maintain hazard iresurattce, of such type or types ate in sus:it ~IlatlntS as the mortgagee <br />may from titrx to tithe require o;s the improvetttiM!s nevr or lterpafter an said properly, and will pay p:txnptly <br />when due arty premiums therefor. At! insurance shalt tx carried in eomparries acceptable to tttortgagee and the <br />policies and renewals thereof shall Ise held by mortgagee and have attached thereto #~ payable clauses m faYOT <br />of and in form aeabie to the mortgagee, to event a€ #oss, mortgagor will gsve itnntediate rmtice in writing <br />to mortgagee, and mortgagee teat' make proof of ions if not made promptly by mortgagor, and each instrtatsce <br />company concerned is #terrby auehorized ar[d directed to make paytnem for such foss direci}y to mortgagee <br />instead of to mortgagor and mortgagee joint#y, and the insurance proceeds. or any part thereof. may be applied <br />by tttssrtgagee ere its option either to the reduction of the ittdelrirdrarss hereby secured car to the researatian or <br />repair of tht property damaged or destroyed. In event of force#osum of Lhis mtsrtgagr, or other L•ansfes of title <br />to said property in eatinguishtnrttt of t#rr indebtedness secured tsrrrhy, ail right. title, attd imerest of the <br />mortgagor in and to am :nsurance policies then in faro shalt pass to the purchaser or trartgager or, at the <br />option of rite tnortgagre. may tsr ,urrrtutered let a refund- <br />g, Ter keep all buildirgs and outer impraver^rnts can said property in good repair and condition; to <br />prrtstit, commit, or staffer tta waste, impairrient, detrriaratian of said propeny err any tsart ttxreaf: in the event <br />of failure of Late mortgagor to keep the buildings on said premises and those erected on said premises, err <br />improvt'znents thereon. in good repair. the mortgagee teat' make such repairs as in its discretion it rttay deem <br />txcxssar7 fwr the proper preservatiar. ahrreof; and the fat## amount of each snd every such payment shall be <br />immcey due aril payab#e•. nerd shall ex secured b7 the lei;t Zf this rriaRgagr. <br />fi. Tee not va€untart#y create err perm#t to Ise created agatnst the tsraprrtt :abject to this mortgage any lien <br />os lie+ts tnfrriur to the lien of thts mong,attr ~xithuut wrtttrrt cunsrztt a rite rnargagec; and father, that mort- <br />gagor wall keel and maintain t:te same free from the Clair;; „s .z## gxr,urt< >u;sply:ng laisar or materials far eon- <br />strastion of any a:sd all tst:tklingx err improvements now t~tn, s:rc-~ ed +~r to ~ erected an said prrntises. <br />i. Ter eat rent us assign erns part of the rent of +atd mortgaged praper.y err demo#ish, or remove, or <br />su3stantially altrx any f+uikling without the written ;ons~-nt of the merxgatt.-r. <br />j. ~ttl awards o: darttaytes in connection with any coridetnnattan tar public use of err injury to any of the <br />;poperty subje:z to this mortgage are hereby assigrsed anti Stsal# b; patd to tnartgagre. who may apply the san4C to <br />payrittnt of the instatltttents last due utxltr card tsozr, and mortgagee ss hereby authorized, in the name of the <br />tnorrgagtsr, to exec}.ire and deliver valid acquittance titrrt:,~f attd to appeal frorrs any such award. <br />k, T'h; ttsortaee stsa#t have tlx riglst to =nspe4t the tFsxt rr at any re~sanabk titrse, <br />#. Ter ettmply *vith the protistans at any lease if ehrs g4arigagr is on a kasrfsotd. tf this Mortgage is on a <br />unit in a c°am3tuninium ur :t =slatttscd unit de4ees~etent. t3crsax+cr £kall perform a!l of >~errowrr's obligadans <br />tumor tan deel~raticxt err ~:ovcr~uats :seatitag ~~t governttsg the t~ttinium err p3attrtcti unit drvelopment.ttx <br />by-#atrs and regulations of the ~Ainiurn err ,.latttxu untt dr+e#opment. and constittaent docurttersts. <br />~. T?efatttt in any of tie s-tsvettants €rt cora}itiens of this tnstrutnent err of tltr Harr err loan ageement secured hrreby <br />sttnls tertni~atr ilte tstartga~,ar's right to pts~s~sian. tcse, and rntoyc:ent of the property, at tax option of the <br />ntorigxgroe err assigm: {it bring agrz~d that the tnartgagar shay: have such right unlit default'. upon any such <br />default the shall tsecarrie the awirrr of all of the rents antf profits accstting after default as security for <br />tt?r irt~etebttxinrss secured #rrrrb}, wilts ttsr right :a venter upon said property tar tax purpose of ca[kcting sueh <br />rintr: ~ar`stc. # i~siritr sit €t~te as art sigttrt of any rentals an ~.id praperFY to iltat existtt, <br />3. tf t t€rarar deiartlr~, a tails to a array #~ymerzts when due err tat canfaras tts and s-eaxtpty with arty of <br />thir eatmditioets or agrsemrtrts contained in tE_is !:zortgagc or the motes which it secures, tlsQrt tttz entire principal <br />are! acetut:d interext shall at orscr 3errz ~~,ue ash pay$bk, anti draeo- _ ' _ err crrtt i,~~~~e} interest <br />ttrerpafter ttrttil paid at tttr election of the tttcxtgages; attd this tnongage tstay thereupon tx forea•#vsed itntnedittteiy <br />for tMx w of tt~ ir~lebtcslrtess hereby spatted, irxiudirts the ia54 of extending the alnir~-t of trtk frtxn the <br />t%e €tf t ..=.,.to°- to tlx t.. of -nrt'~=s:..tsg sak^h su;t. `~'a f~°eft UrtE?ttar*er <br />4. to it3e euesat csf a fa~recSur err 3efauh as pro-+~ided hr.*+sn, the ~ shall at arres br rntiticd to the pot;- <br />sest<satt, tie, anti rnjoymrrttt of the real r+tate afortsaid nerd to the rent. issues. royalties. and profEts thereof. <br />frtx~ the tt of s:r~ rights and thttittg the ptttttl~tc;y of forrcltzsure ~irtgs atsd such p~sessians, etc.. <br />st a be delivered tts the morigp,grr upon rrgttrst, upon failure such delivery of such passrasion they bt <br />enfine ~ by auy tote ts~al Preis, itix.ltttftttg a recx^ivcr far the pte~prrty. <br />~- t.'~tst cT# tiny colt of sit proF-rrty tat ac~rordttta;t s-Ytfs the preee+dittg, paraftraphs stroll tsr applied first to <br />pr-y t~ c~ } e~ of sakL the pmiues it3surred by tare tns'rtgagge+e far the 5ntrpase of pr4ir4_tietg rsr <br />ra~t~ttixttttt} ibicr#q, .fly, to ~y the inr~isbtc~ttts seaurz+tS hrreby: alai th>rdly, to pay am +urpius err <br />ersc~x its tax p~~xn tar parsssrts ~gtal)3- entitle iterteto_ <br />