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<br />8~--.11I.~ tii~~ <br />z. ~ . asd ageeea ae fallaw~: <br />a ~ will pramptlT psT the indebtedneas_ evidtnced b! acid pr~isso:T note at the timm and is the <br />user thsa~aie ptroviLd <br />~ $e will Pal a!l tares. aaseasssents, Crater arcs, asd other gaverameatal or muaisipal ehat8ee, 6sea, ar <br />~pasaidasta, fat which providon has not bees made heaeinhefore, .nd will promptly delirer the oSaeial eeeeipte <br />thereftsr to the said martgag~. <br />c. He wifl pay web expeasea and fees ae may be incurred in the protection and maintenance of raid <br />property, ineludeag be fees of any attorney emgloyed by the mortgagee (or the collection of any or all of <br />the indebtedneae hereby secured, or for farecloaare by mortgagee's sale, or court proceedings, or is any other <br />litigation or proceeding affecting said premisee. Attorneys fees ressooably incamd in any other way shall be <br />paid-by the mortgagor. <br />d For better security of the indebtedness hereby sera red, apon the retineet of the mortgagee, its sna <br />cixeon or assigns, he shall execute and deliver a supplemental mortgage or mortgages covering any additions, <br />improvements, or betterments made to the property hereinabove described : nd ail property acgaired by <br />it after the date hereof fall in form satisfactory to mortgagee). Furthermore, should mortgagor~faiito etrre <br />Cary default in the payment of a prior or interior encumbrance on she property described by this iaatratneat, <br />mortgagor hereby agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do eo; <br />sad such advances shall become part of the indebtedness secured by this instrument, subject to the same <br />terms and conditions. <br />e. The rights created by this conveyance shall remain in full force and effect during any poetponemeat <br />or extension of the time of payment of the indebtedness evidenced by said promissory note or any part thereof <br />secured 6erebv. <br />/. He will continuously maintain hazard insurance, of such type or types and in such amounts as the <br />murtgagee may from time to time require rn the improvements now or hereafter on acid property, sad <br />will pay promptly when due say premiurw therefor. All itanrance shall be utried in companies aooeptabk <br />to mortgagee and flea policies sad renewal thereof shall be held by mortgagee and have attached thereto <br />kr payabk clauses in favor of sad is form acceptabk to the mortgagee. In event of loee~ mortgagor will give <br />saamadiate notice irr writing to mortgagee, and mortgagee may roue proof of ions if not made promptly by <br />martgagor, and each inwrattce eampany concerned is hereby authorised sad directed to make payment for suds <br />Iom di~tly to nvorr~ex :.,,a..d of to tnortgaeo: sad mortgsg¢c i-oiatly, and the i~ran~z procexda. or say <br />put thereof, may be applied by mortgagee at iu option either to the reduction of the indebtedner beret <br />secured or w the resueration or repsir of the property damaged or destroyed, In event of foreciasare oithis <br />mortgage, or other transfer of tick to said property in ertiaguishmeat o[ the iodebtedsees sesur~ herby, all <br />right. title, sad interest of the mortgagor in sad to any insurance policies then in force shall gasa to the <br />purchaser or mortgagee or, at the option of the mortgagee may be surrendered far a refund. <br />g. He will keep all buildings and other improvements on acid property in good repair sad condition; <br />will permit, commit, or eu8er no waste, impairment, deterioration of said property or any part thereof; <br />in the event of failetre of the mortgagor to keep the buildings on said premises sad these erected on said <br />premises, or improvements thereon, in good repair, the mortgagee may make such repairs as is its discre~~an it <br />may deem necessary for ire proper preservalioa thereof; sad the full amount of each and every such paynreni <br />shall be immediately due and payable and altsll be secured be the lien of ibis mortgage. <br />h. He will not voluntarily create or permit to be ezeated against the property subject to this mortgage <br />any lies or liens inferip[ or superior to the lien of this mortgage without the written consent of the mort- <br />gagee; and further, he will keep and maintain the same (tee from the claim of all persons supplying tabor or <br />materials for cortatruction of any and all buildings or improvements now being erected or to be erected on <br />said premises. <br />i. He will not rent or assign any part of the rent of said mortgaged property or demolish, or remove, <br />or 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 wbject to ibis mortgage art herebv assigned and shall be paid to mortgagee, who may apply the <br />saute to payment of the inatsllmeats East dne utrder acid note, and mortgagee is hereby authorised, in the <br />name of the mortgagor, to execute sad deliver valid acquittances thereof and to appeal from any such award. <br />k. The raortdsgee shall have tits right to inspect the mortgsged premises at any reasostabk Brno, <br />a i2rfauh ttr any of the rovenanes ar conditions of this instrument or of the note or loan agreement secured <br />ttltzsl}j6+3aa~ tsrattlastetlte asortgagor'a T/~itt to pOFaeaatOR, ust, sad enjoyment of the property, at the option of the <br />a#trrt{tegce or his assigns tit being agreed that the mortgagor shall have such right until defaulij. Upon any such <br />fault, ehs nsortpagee shall become Ehe owner of a{I of tbe rents and profits accruing after default as security <br />fsx the indelsterlnesa secured ]tetchy, with the right to eater upon said property for the purpose of collecting such <br />raesis utd ptwfi4. Th» instrutatent shat) operate as attt aeai$ttment of say rentals on said property to that extent. <br />