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<br />q. brae t~tsstr eav+~aa<ta slid afgas~ u feEloarai
<br />wa, 1~e wil9 wrsatptls stay ilae indebtetlrsess cvide?aaud by said peoma>~ory note at tau taa:~ and iiti the
<br />h. ~e Drell pap a1 tease, ta, water raise, and other govetrosnental or mtmixipal cltargeza, 6asma, ~
<br />,y v„ ~, r; ~,.,r„~ p,v.;~o;; b~ net n made heres~*_fore, a~td will pro~tptly delayer the ~eDai tmoesprta
<br />4.ber>"for tts Ilse said aaartgagtx.
<br />c. €Ie will pay such expenses and fees as may be ircurzed in the pro¢ectian and maintenance of said
<br />property, i~luding the fees of any attorney employed by the mortgagee for flee collection of any or all of
<br />?he indebtodneas fiereby seeuretl, ur for foreclosure by marigagee's Bale, or court proccedittgs, or in any other
<br />litigation or prrceeeding affQcting said premitacs. Attorneys' fee» reasonably incurred in any other way shall be
<br />paid by the mortgagor.
<br />d. For Metter security o6 Fhe indebtedness hereby secured, upon the request of the mortgagee; its cud
<br />eeasars or assigns, lie shall execute and deliver a supplemental mortgage ar martgagce covering any adelitiom;
<br />impmvementa, or beiteements made to the property hereinabove described .ud all property acgnirsad by
<br />it after the da?e hereof /all in form satisfactory to mortgagee}, Fvrthet-mare, should mortgagor fat! to cure
<br />any default in the payment of a prior or inferior encumbrance on the pmperiy dexribed by this ittsitvment.
<br />mortgagor hereby a~rer_s to permit mortgagee to cure such defauh, but wort„ages is not obligated to do so;
<br />and such advances shall become part of the indebtedness secured by this instrument, subject to the same
<br />terms and conditions.
<br />e. '1'Iie rights created by this convevarzce shall remain in full force and effect during any postponement
<br />or ez¢enaion of the time of payment of the indebtedness evidenced by said promissoey note or any part thereof
<br />r.~ured hereby.
<br />/. Ile will continuously maintain hazard insurance, of such type ur types and in such amounts ae the
<br />mortgagee )nay from time to time require nn the in:pmvements no:: nr hereafter on said property, and
<br />;rill pay promptly wht;n due any premituna Sreterxfor. A'tl insurance shall be careied in companies acceptable
<br />Yo mortgagoe and the policies and renewals thereof eliall be held by mortgagee and have attached thereto
<br />Ions payable clattaes in favoe of and iu form accep?able to the ma~gagee. In event of !.mss. mortgagar will give
<br />immediate notice in writing to mortgagee, and mortgagce may make proof of foes if not made pmmptly by
<br />m„A ....t, :.,.,,.mac. c.,.,,,.3y c.,ncer4,e,3 .s itet~a,y a..t_heriud and direr?ed to make payment for each
<br />Iosa directly to mortgagee instead of to m€arigagor and mortgagce joinfty, and ?he insurance proceeds, or any
<br />part tltereaf, may ~ applied by mortgagee at its option either to the reduction of the indebtedness hereby
<br />sxttx~ or to the restoration or repair of the property damaged or de»tmyed. In event of forecloettre of this
<br />t :or°.gage, or viper to°afer of title to said pmperty in extinguishment of the indebtedness secured hereby, all
<br />right, tills, uid interest of [he mortgagor in and to any insurance policies ihen~ force shall pees eo the
<br />purchaser or mortgagee or, at the option of the mortgagee, neap be surrendered f a refund.
<br />g. tde will keep all buildings and other improvements un said property in good repair and condition;
<br />will permit, commit, or suffer no waste, irnpaitmeot, deterioration of said property or any part thereof;
<br />in the event of failure of the mo .gago: tc keep the buildings on said premises and tlsose erected on said
<br />premises, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it
<br />may deem necessary for the urouer preservation [hereof; and the full amount of each and every such payment
<br />shall be immedzately due am.l payalsie and shall !te secured by the lien of this mortgage.
<br />h. €Ie will not voluntarily create ur permit to be created against the property subject to this mortgage
<br />any lien or (tens lnferiar 9r superior to the lien of this mortgage without the written consent of the mort-
<br />gagee; and further, he v:ill keep and maintain the same free from ¢he claim of all persona supplying labor or
<br />materials for consiruciion of any and all huildings or improvements now being erected or !o he erected on
<br />said premises.
<br />i. fle will not rent or assign any part of the rent of said mortgaged property or demolish, ur remove,
<br />or substantially alter step ituilding without the written consent of the mortgagee.
<br />j. All awards of damages in conitectian •.:ith any condemnation for public use of or injury to any of the
<br />proper¢y subject to this mortgage arc hara';s :=.ssigned and shall be paid to mortgagee, who may apply the
<br />same to paymeaY of the installments last due ender said note, and mortgagee is fiereby authorised, in the
<br />name of the mortgagar, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. Elie mx:r?{ages altall have tl?e ri{tht to inspect the mortgaged premises at env reasonable time.
<br />$. t7efault in any of the rovenants or conditions of this iastrumcrat nr of thr taotr or loan agreement secured
<br />lteaelsy gall tcrruinx¢e the martgsgrr's riltht ao posse~ssiun, asc, sad rn}ov naent of flee property, at the option of the
<br />ea_r?rt_nane? oe lai« amei«,:tis lie being agr,-c «¢ Heat et,c .nortgag«,r si,all t,a,a such rit;iat aantil default). upon say such
<br />default. rise mortgagee .hall hecnnae the owner of all of flee rent~~ :and y,rufiU ,accruing alter alrfautt as security
<br />for flit indebtednoaa +s°cured hercbt, with the right to enter upon, said pnrpcrty for flee purpose of collecting such
<br />rents steel prufets. )`his instrutaieu[ shall «Ixerate as an assignment of any rr=aisle on said property to that extent.
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