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,~~__r)C~.1.~8~ <br />1. 1°hs art' eot~mb sad ap+aos • feHawat <br />a, gs will presptly pay the itadebtedfaeat evid~sd by acid pramirory Hate at the tunes and- is the <br />> > pto+ided <br />b. He will pay all raze, arieattsrenta, water »tea, aed otbee goveenmental or rnnieiprl ehargey fines, et• <br />fee which p»~ian has trot been lade hsreinbefore, and will promptly deliver the afSeial <br />the to ~ said sa~ase- <br />c. He will pay each expenses and fees as may be incurred in the protection and maintensnce of said <br />property, ittctuding the fees of am attorney employed by the mortgagee for the wllection of any or all of <br />the indebtedner hereby enured, or For forerlosrc by mortgagce'e sale, or court proceedings, or io any othm' <br />litigation or proceeding affecting said premises. Attorneys' fees reasonably incurred in any outer way shall be <br />paid by the mortgagor. <br />d. For better security of the ir[dcbtedneee hereby sectored, upon the request of the mortgagee, ire attc- <br />ereore or ssaigos, he shall execute and definer a euppfementaf martgsge or mortgages cavsria~ say additioaa, <br />impmxmenta, or bettermcnte made to the property hereinabove described : nd all property acquired by <br />it after the date hereof fell is form satisfactory to mortgagee). Furthermore, should mort¢agor fait to cure <br />say defaalt in the payxnmt of a prior or inferior encumbrance on the property described by this iastrmneat, <br />mortgagor hereby arses to permit mortgagce to cure such defaul4 but mortgagee is not obligated to do eo; <br />end each advances shall become part of the indebtedness secured by this instrument, subject to the same <br />terms and eanditiara. <br />e. The rights erected by this conveyance shaft remain in full force and effect during any postponement <br />or e>ctenaimn of tine time of payment of the indebtedness evidenced by said promieaary note or an ~ part ihcreef <br />secured hereby. <br />f. He wolf contiauouely maintain hazard ineuraace, of such type or types and in such amoante as the <br />morlgace may from time to time require on the improvements now or hereafter on said property, and <br />will !r7 P~'Pil7 when due any pr~iutns therefor. Ail itatoraaee eball be carried is otompaniea aomptabk <br />to eaorf~ee sad the policies and renewals thereof shall be hood by mortgagee sad bare attaehod *hereto <br />lass payahk clanaea in favor of and is form aceeptabk to the mortgagee. In event of Far, mortgagor will give <br />it~diaee netiee in writing to mortgagee. sad sortaagee rosy make proof of tar if not made promptly by <br />aoetpgmr> and sash itrwruatx company eot+certred is hereby authoritxd sad directed to make paym~t for stub <br />lass ilireatly to st+rt[agee itratead of to martgitgtu itad mortgagee jointly. and the iuwra~e praseede> or any <br />part thereof, rosy be applied by mortgagee at iu optioa either to the rt:dutxion of rim indebtedness fier'eby <br />aeaered ~ to the eeataration or repair of the proprrty damaged or destroyed. In event of foreckarre o[ this <br />mortgage. ar other transfer of title to said property in eztinguiahment of the indehtedneee secured hereby, all <br />rich tick, a~ iatereat of the mortgagor is goad W any i»uraaca policies tbez in farce shsU par to the <br />purchaser or mortgages or, at the option of the mortgagee, may be surrendered for a refund. <br />g. He will kcep ail buildiaga and other improvements on said property in good repair and condition; <br />wilt permit, commit, or suffer rte waste. impairment, deterioration of said property or say part thereof; <br />in the event of failure of the mortgagor to keep the buildiregs on said premises and those erected on said <br />premises, or improvements theretm, is good repair, the mortgagee may make such repairs ae in its dieeretfaa it <br />may deem necessary far the prayer preservation thereof; and cite fall amouut of each and every each payment <br />snail be insmetliately due and parable and shall be secured by the lien of this mortgrge. <br />fi. He wolf trot valuatariiy create or permit to be created against the property subject to this mortgage <br />any lien or liens iot[erior or superior to the Ilea o! this mortgage without the written consent of the mort- <br />gagee; sad furtlter, toe will keep and ma[ataia tits same free from the claim oI all persona aupplyireq labor or <br />maieriab for cawiruetioa of say and ail buildings or improvements now being erected or to be erected on <br />mid premisex <br />i. He wit! imt rent or assign any part of the rent of said mortgaged property or demolish, or remove, <br />or .,..is.t.ar:stly after any building without the written consent of the mortgagee. <br />j. Ali awards of damages in conasetion with any condeaonation for public use of or injury to any of ilte <br />piraperty ~rbjeet to this ortotigage arc hereby assigned sad shalt be paid to mortgagee, who may Apply the <br />sass m payssat of the iastWmea-4 fast doe tinder said note, and mortgagce is hereby authoriasd,sn ilre <br />Hass of the mortgargnc, to ezecute sad deliver valid acquittances tbeeeof and to appeal from any such award. <br />k. The mortgages ithall hays tbs right ¢o inspect tie mortgaged premises at any reaaoaabk time. <br />2. l3ofaah is arty of the eeveroants oe aariditions of thht instrument ar of the rrote or loan agreement secured <br />hatahy sit+tq tsasaiaate tbsmort~;wr'a right to poeserian, use. and enjoyment of the property, aE the option of Cite <br />aaocie or his assigns t'tt bsiag agreed that tars mortgagor sha1F have such right until detaultl• Upwa any such <br />dafatah, tar aortgagee strati bactime rise owttee aF all of the rents and prefita accruing attar default a, security <br />fear rho istdsbitedrtaos accnrtd hereby. with tits right to enter upon said property for the purpose of callecliaq sash <br />t~ and ptraftte. This iaattrttateat shall operate as an aas€#amsnt a[ any reatab aro said property to that a:tone. <br />