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f <br /> <br />d. For !ae2ttar securhy of the italebeodness hereby secured, upon the request of the mottgaga, iu sttatssors <br />err a~g~, mortgagor shall atecutt seal deliver a supplemental mrmgags or mortgages covering any additsotts, <br />itnpravett~tts, or betterrteents made to the property herartabove described and aU property at~vired by it after <br />ilte-date hereof (alt in forts satisfactory to mortgagee). Futherrnore, shook! rnotigagtx fail eo ewe any default <br />in-the payment of a prior err inferior encumbrance an the property describal by this instrument, mortgagor 6t~ <br />by ages to pormit t~tgagee to curt such default; btu tnortgagte is not obligated to da so; and such advances <br />shad! ;.xeotne Part of the endebtedteas secured by this iwtttement, subject to the same terms and cantLitioffi. <br />;; e. `The rights created by this caetveyantx shall retnaere in full farce and effect during any postPonetnent or <br />Edon of the time of the ir+Ym~tt of the indebtedness evidenced by said promissory trots or notes, or any <br />*°! part thta~eof secured hereby. <br />.-. <br />.___ <br />-:.~ f. Ta conrint:mealy tnaintsitt hazard insurance, of such type or types and in such amotems as-the mortgagee <br />ffiY from titete to time require on the improvements now or hereafter on said property, aced will P8Y Pr~PdY <br />wttttt dau eery premiums tttertfor. AD insurance shall be carried in .~mpanies acceptable to mortgagee and t~ <br />policies and rer:esvals thereof shall be held by mattgaga and have attached thereto toss payable clauses in favor <br />' °~'f of start in form aca~abie to tine mortgagee. to event of loss, mortgagor will give immediate notice in writing <br />~ to mar'tgsgee. and rewrtgaget may make proof of lass if not made promptly by mortgagor, sad each itesurtutce <br />cnmltuny concerned is hereby authorized and ditreted to make paymem far such loss directly to mortgagee <br />itatead of to tttartgsgor seal mortgagee jointly, and the insurance proceeds, or any patt thereof, may be applied <br />by mrxtgaga at iu option either to the redtattion of the intebtedness hereby secured or to the restoration or <br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, of other transfer of title <br />to said property in extinguishntertt of the indebtedness secured hereby, all right, tide, and interest of the <br />mot'tgsgar in seal to any etagwance policies then in force shalt pass to the purchaser or mottgaga or, ai Eht <br />option of the mortgagee. may be surrendered for a refund. <br />g. To keep all btaitdings and other improoements on said property in good repair and canditiwe; to <br />pernut, commit, or softer rte waste, impairment, deterioration of seed praptrty or any part thereof; in the event <br />of faihare of the taart$agor to keep the buildings on -said prerttixs and those erected on said premises, or <br />itetprtrvemettts thereon, in good repair, [hc mortgagee may make such repaers as in its discretion it may diem <br />tmcessary for the proper preservation thereof: and the fold amount of each and every such payment shall be <br />immedisttdy dtx and payable: steel shall be secured by the Lein of this mortgage. <br />h. To not +odumarefy create or permit to lee created against the property subject to this mortgage any lien <br />at dietts inferior to the {lets of this mbripage without written consent of the mortgagee: and father, that mott- <br />r will keep steel tttaeatstn ttx saute free from the ;claim of all persons supplying tabor or materials for con- <br />struction of any arts! alt buildings or improsemenu now being erected or to be erected on said premises. <br />i. To not rent err assign any t~ of cite rcpt of anti mortgaged property or dentotish, or remove, or <br />substantially alter any buiklittg without the wretten consent of the martgstget~ <br />j. ,1ll awards of damages to conara~tian with any Londemrtation far public use of or injury to any of the <br />property subject to thu mrortgage arc hereby assigned and shsa0 be peed to mortgagee, who may apply the same to <br />payment of the tttsaallmcttts Lot due under aid note, and mortgagor is hereby authoriztti, in the name of the <br />mortgagor, eo exautc and deliver paled asxduittaeecxs Ettcrtaf and to appeal from any such award. <br />k. T7te tnattgagse serail have the right to insfaoct the mortgaged promises at any reasonable tome. <br />t. To comply with ttx provisions of any least if this Mortgage is on a leasehold. tf this iNortgage is on a <br />attic in s coredaminitem or a pdatttud unit deve#agmettt, Borrower shall perform ail of Borrower's- obligations <br />under ghee dectusti~ ar coveasestt cresting or gov,ertriteg the iondomeueum or planned unit develop~nt,the <br />day ~ws sad regu!atians of the. caru3orstinaum or planned unit dtwelopmtat, oral catutitutnt tdacuments. <br />2, Lttfsa:!i in arty of the rnversarers sx irondittans of this irutrettnent err of tht note or lotm ageetarnt secured hereby <br />shat! tertsneaatt the mortgagor's rift to possession, use, nerd tnjtryment of the property, at the option at the <br />mort~e err ettasigm fit being agreed that tree mortgagor shad! have stash right anti! default). Upon arty such <br />d~auh. the shad becse the owner of all of the rents ash profits accurirag after defsedt as security for <br />t~ ' s d~re~x. wit!! ihr right rti enter upon said property for the purpose of coliecaing such <br />reins seal Proftts. Thy ireurs^trret alts!! operate as an suignmettt of any rentals at: seed PropatY to that eatene. <br />3. if the martpgor deftwks, send fails to make any payments whin dot err to conform to era: comply weth any of <br />She caatt err s t~aistead in this mortgss®e err the noes which et secures, theta the entire Principe! <br />sty-sod aaxtesd i shade si once bey dace and payable, and draw * per cent (17.5 '4a) imtrest <br />t~ t$ paid ~ the elation of the mortga;t~ sad this marigagt may thereupon be foretdased emrreetteatetY <br />for the wlmlt ~ the ~ hereby soeura!, iexluding the cost of exterdeng fho absttact of tint from the <br />dt~ of this to the time at sts~e suit. •Seventeeat and erne-half Percent <br />#. ht She of a fe¢ ax dt;fmatt as provided htteite, the tnartgaia shag at otxx be entitled to !lee Ror- <br />user, nerd egiapotent of the real ewe atoretetid and to the rent, istaets, rayahis, and profits thereof; <br />fttlttt flat ar.nt~{ td steels tigtats sad dwittg fete pentiensyy of faraxtosart proceeditfss and such passsasinens, etc.. <br />t ~ -let +~~red to the upon rsttttest, upon faittere stech d~evory of starer p~ >nYY lac <br />bg stet ~, ier~ a tzceever for !tae pmpetty. <br />~_= The ~ aAy salt crf said ~ ere a~ winh flat ping paragraphs she!! be appliee! ferst to <br />pWpj that troFra and esepemaata of ssit~ the oagttteetta ieteearred by the mortg>~ee fix the purptrse of protecting ex <br />salad ~. ', to pay the a sotatrct! hortby; next thirdly. sa pay any surplus w <br />to !fie per~a cr pt !egsfiy emitted ihttnto, <br />