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d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and all property acquired by it after
<br />the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and sash advances
<br />shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />Q e. The rights creator! by this conveyance shall remain in full force and effect during any postponwtxnL or
<br />C9 extension of the time of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />~~ part ther~f secured hereby.
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<br />f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee
<br />may from Time to time require on the improvements now or hereafter on said property, and will pay promptly
<br />when due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />A"'f policies and renewals thereof shat! be held by mortgagee and have attached thereto loss payable clauses in favor
<br />~ of end in form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and 8irected to make payment for such loss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part 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 />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other traasfer of title
<br />to said property in extinguishment of the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the mortgagce, may be surrendered for a refund.
<br />g. To keep all buildings and r%ther improvements on said property in good repair and condition; to
<br />permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the event '
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary for the proper preservation thereof; and the full amount of each and every such payment shall be
<br />immediately due and payable; and shall be secured by the Lein of this mortgage.
<br />h. To not voluntarily create ar permit to be created against the property subject to this mortgage any lien
<br />or liens inferior to the lien of this mortgage without written consent of the mortgagee; and father, chat mort-
<br />gagor will keep and maintain the same free from the claim of all persons supplying labor or materials for co^~
<br />struction of any and ail buildings or improvements now being erected or to be erected on said premises.
<br />i. To not rent or assign any part of the rent of said mortgaged property or demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
<br />j. All awards of damages in connection with any condemnation for public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply [he carne to
<br />payment of the installments last due under said note, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect [he mortgaged premises at any reasonable time.
<br />1. To comply with the provisions of any (ease if this Mortgage is on a leasehold. 4f this Mortgage is on a
<br />unit in a condominium oc a planned unit development, Borrower shall perform all of Borrower's obligations
<br />under the declaration or covenants creating or governing the condominum or planned unit developtnent,the
<br />by-laws and regulations of the condominium or planned unit development, and constituent documents.
<br />2. Default in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the
<br />mortgagee or assigns {i[ being agreed that the mortgagor shalt have such right trntil default'. Upon any such
<br />default, the mortgagce shall besot-.;e the owner of alt of the rents and profits assuring after default as security for
<br />the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such
<br />rents and profits. This instrument shall operate as an assignment of any rentals on said property to that extent.
<br />3. If the mortgagor defaults, and fails to make any payments when due or to conform to and comply with any of
<br />the canditeons or agreanents contained in this mortgage or the notes which it secures, then the entire principal
<br />sum and accrued interest shall at once become due and payable, and draw per cent ( Qlo) interest
<br />iher~fter until paid at the elation of tht mortgagee; and this mortgage may thereupon be foreclosed immediately
<br />for the whole of rite indebtedness hereby secured, including the cost of extending the abstract of title from the
<br />due of this mortgage to the time of commencing such suit.
<br />4, In the went of a torerAoause r default as provided herein, the mortgagee shall at once be eatitled to Fhc pos-
<br />session, uu, artd enjoYtnsnt of the real estate aforesaid and to the rent, issues, royalties, and profits thereat,
<br />from thw t,:ing of sa'rh r,gltis oral during tl~ pendency of foreclosure proceedirgs and Such possessions, etc.,
<br />shall at ontx be deaivered to rho mtu-egagtc upon request; upon failure such delivery of such possession may be
<br />enforced by mortgagee, by any appropriate legal proceedings, ittt:~+>i?ng a receiver for the property.
<br />3. Tbe pmts of any sad of sakl property in accordance with the preceding paragraphs shall be applied first to
<br />pay the tons aat3 expeazca of said sale, the expend iruurred by the mortgagee far the purpose of protecting or
<br />tnaJnta€ttirtg said property. secondly, to pay the irulebtedneas ser:ured botchy; and thirdly, to pay any surplus or
<br />exceas to the paxstsit nr parsons tsgatly eruitied thereto_
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