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<br /> <br />d. fior better security of the irdebtedness hereby secured, upon the request of the mortgagee, its successors <br />or assigns; for shad exscttte and Qeltver a supplemental mortgagt or mortgages covering any additions, <br />ia-pr»verttenis, or betterments mask to the property hercinabove described and all property acquired by it after <br />the dais her-ttrf (all in form satisfactory to mortgagee). Futhermars, should mortgagor fail to cure any dtfault <br />the pttyt?~xttt of a prior or iafsriar etb:ance ~ the property dercribed by this iastrurttent, tn~tgagor here- <br />by z to permit mortgagee to cure streh dofatth, but mortgagtx is not obligated to do so; and such advances <br />shat!-bet~otrte part of the ~ securrd by this instrument, subjax to the same terms and conditions. <br />a The righu crtated by this conveyance shah ruin in full farce and effect during any postponement ar <br />of the turn of tt~ payment of the ittdebtedttaa evidertced by said promissory note or notes, or nay <br />~ part thereat'sertrrtd Iteretry. <br />:2 <br />'"{ f. Ta copiirnmusfy teafataia heard insurana, of such type or types and N such amounts- as tht mortgagee <br />may fran time to time retlt»re on the improvements now or hereafter an said property, and will pay promptly <br />d~ any premiuats therefor. Ali insannce shah be carried in companies acceptable to mortgagee and the <br />"° po(ides and renevrals thereof shall l:e held bq mortgagee and have attached thereto loss payable ctatrses in favor <br />~i ~ and in form acttptabk to the mortgagee. In event of loss, mortgagor will give immediate notice in writing <br />~ to mortgagee, aid mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance <br />~ comi~nY concerned ib heresy authorized and directed to make payment for such loss directly to mortgagee <br />instead of to martgagar and mortgagee jointly, and the insurance proceeds, or any pan thereof, may be applied <br />by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or <br />repdr of the property damaged err destroyed. In event of foreclosure of this mortgage, or other transfer of title <br />to said property in nr[ittgufsh.~:tt of the indebtedness secured hereby, all right, titlx, and interest of the <br />mortga~ in and to any insurance poiscies then in farce shalt pass to the purchaser or mortgagee or; at the <br />option of tlrc mortgagee, Wray be surrendered for a refund. <br />g. To keep all buifd~ aid other improvement? on said property in good repair and condition; to <br />permit, coaurrit. err suffer rte waste, impairment, deterioration of raid property or any part thereof: in the Kent <br />of failure of dx mortgagor w keep tlx buiktistgs on said pretrtises and those erected- on said premises, or <br />irttprovetexrtts thereon, is good repair, the mortgagee may make such repairs as in its discretion it may deem <br />i for tht proper preservation thsreaf; and the tali amount of each and every such paymertt shall be <br />immediately due and pvyabkc and shal4 b< sauced by the iein of this mortgage. <br />h. Ta t~ voluntarily create or permit to bo created against the propetty subject to this mortgage any lien <br />or tieres inferior to the ties of this mortgage without written cottsettt of the mortgagee; and father, that mort- <br />~agor wile keep and maintain the same free from the claim of al! persons supplying labor or materials for con- <br />strurtimt of arty and ail buikfittgs or improvements aow being erected or to be erected on said premises- <br />i. To not rent ~ assign any part of the rent of saki mortgaged property or demolish, or remove, or <br />substasttiafly alter any buiklirtg without the written cnnsetrt of the taortga$ez. <br />j. Ali awmrds of damagss is wnaQCtiort with any coodemttstion for pubirc use of or injury to any of the <br />p~ct>perty srtbjat [a the ntortgags arc hereby assigrted and shad be paid to mortgagee, who may apply the same to <br />payatent of the intallraents last due under said note, and mortgagee is hereby authorized, in the name of the <br />, to eatecuUr sad deliver vali{i acquitiaeues thereof attd to appal from any such award. <br />k. The rtaartgttget sdmll have the right to inspect the rtxxtgaged premises at nay reasortabk time. <br />1. T4 Y with the psuvisiarts of any lease if tltk Mortgage is an a kasehoM. if this Mortgage is On $ <br />tut6t in a at a pfamxd tutu ckvelopatent, florrower shall perform all of Borrower's obligations <br />ttRder the det~ratia.t a covenants creating or governing i~ condosainiumn or planned unit deveiopotent,the <br />hgr-4ttvs amt regt-latiaa5 of the candotninittm or planned unit tkvetopment, atu# coastituevu docuraeats. <br />3. Dtfault is any of tfre toveteanas or cxmditiorn of this instruaent err of the note ~ loan ageement soured hereby <br />Nee roDtt~gex's right to potssxssian, use. acrd enjoyment of the property. at tt~ option of the <br />male or a 4M beiatg agreed t~tt tfee emmgagar shall have such right until default). Upset any tacit <br />dam, the mariga,;ee shall brts~e the owner of all of the rents std profits securing after default as securrity f'or <br />the. `viv~cd~:s5 ssettretl hera8p°, with the right to etreer upon igeoperty for fire ptupe~e of coltt~tirtg stun. <br />rents std profits.. This iewruttsetu shad operate as an assigtuttetrt of any rcattats as said property wthat-arrant. <br />~. ff t)~e tuartg,Rgor defatrlts. and fails tit make any paytmats when due or to conform to and comply wiN any of <br />the ter alters contained is the mortgage ~ the notes which it secures, tlxn elu entire pritrci~l <br />sntn_tittd t~aued inrtt strait at ottoe become dtu atsd payable, and draw * pex cent (1Z.5.rN) iacerest <br />t~ t ptid aR the elec~n of the n~tgagts; and this rnart~ try thertetrpon be for+easoseri fn~rttedetttely <br />for ~ x <tf Ehe ' fxretty soctrt+od, including the wst of extending the attract of tick from the <br />.uf t~ to the time of ~ such shit. 'Sevoentean and an€-ttel~ peccettt <br />l~ Noe ~. yf a or default arc provided herein, the martgitgse shaft at once be ontit~ to rho par:- <br />twtssicttt.: R i tats of the rat! estate etoresrrdi and to the rent. issue, royalties, and prafds thereof. <br />trr~ the actrvitts of sum and during the- petdency of forecknure proceedings and such, pins, eta, <br />at ar~co be dtiivtrtd to tge ~eG than t~uesd, upon failue sack delivery of such posaesr~are trf~y be <br />~iC~~t bq ~. ~ . ~ a rceeiver for rho property. <br />3, Tlje tenceadw-af ts~ .~ ttf trrid ptopwsty is ~ with the precadirta p~artgrapha sbru be applied first tit <br />pit Utt c~ attd a of artiid rate, the espt ittcurtnd by. the rwartYageo for the pttrpase cr# protcctirtg err <br />~ talk prtspealy, ~, tit pall t6a-irtrkbtedaers sectu'ed hereby; sad thirdly, to Day any surplus err <br />e~.3xs a+p tt c p~€sort oe pttsa~r ' ,tfag tl3ctcto: <br />