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d. For better security of the indebtedtess hereby secured, upon the request of the mortgagee, its successors <br />or aasigns,.martgagor shall execute attd deliver a supplemental mor[gage or mortgages covering any additions, <br />improvtatents, or beftcrmments maste to the proocrty herttinabove described and all property acquired by it after <br />~ the date hereof (ail in form satisfactory to mortgagee). Futhertnorc, should mortgagor fail to cure any, default <br />y'3 in the payment of a prior or inferior enenmt>rance on the property dcuribsd by this instrument, mortgagor hero, <br />F'~ by agrees to permit tnortgagse to cure such defauh, but mortgagce is t[ot obligatal to do so; and such advanixs <br />shall t~osne part of Eke itldehtedttess soured by this itrt.~t . . ,subject to the same terms and conditions, <br />C'~ <br />J e. The rights created by this conveyance shall remain in foil force and effect during any postpottemptt or <br />t ptteasion of the tint: of the payment of the indebtedness evidenced by sa_ id promissory note or acres,. or atty- <br />ry par! thereof secured hereby. <br />f. To coneiauatsly maintain hazard insurance, of such type or types arld in such amounts as the rr~tga8ee <br />tttay from time to time require on the improvements now ear hereafter on said property, acrd will PaY pr~PUY <br />what dos arty prcmittms therefor. Alt insurance shall be carried in companies acceptable to mortgagee and the <br />pofieaa acrd renewals thereof shall be held by mortgagee and have attached thtxeto loss payable clattsa in favor <br />" of and its form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writi~ <br />to mortgagee, and mortgagee may make proof of Ines if not made promptly by mortgagor, and each insurance <br />company concerned is hereby authorized and directed to make payment for such l~s dircetty to mortgagee <br />instead of to mortgagor and mortgagee jointly, and-the insurance proceeds, or any part thereof, may be applied <br />by rmxtgagee at its option eather to the reduction of the indebtedness hereby scureld or to the rsstoratian or <br />repair of tht property damaged or destroyed. In event of forecl~ure of this mortgage, or other transfer of tick <br />to said property in pttinguishment of the indebtedness secured hereby, all right, titlq and interest of [he <br />mortgagor in nerd to any iASUranee policies then in force shall pass [o the purchaser or mortgages at, at the <br />option of the tttortgagee, may be sttnendersd for a refund. <br />g. To ktxp a!! buitdittgs and txher improvements on said property in good repair and condition; to <br />permit, commit, or suffer no waste, impairment, deterioration of said property or nay parE thereof; in the event <br />of failure of the mortgagor to keep the buiishugs on said premises and those aexYed on said premises, or <br />improvements thereon, in good repair, the mortgages may make such repairs as in its discretion it may deem <br />ttec~rssary for the proper preservation thneof; and the full amoral of each and every such payment shall be <br />immediately dos and payable; and shall be sccured by the kin of this taortgagt. <br />h. To not voiunrarity create err permit to bs created against the ptoptrty subjtt~t to this mortgage any lien <br />or liens inferior to the lien of this mortgage without written consent of the mortgagee; attd father, that mort- <br />gagor will keep attd maintain the same fret from the claim of all persons supplying labor or materials for con- <br />struction of any and all buildings or improvements now bring crested err to be erected on said premiss. <br />i. To not rent err assign any pay, of the rent of aaid mortgages! property or demolish, or remove, at <br />substantially alter any building without rho written sortsett[ of the mortgages. <br />j. All awards at damages in connection with any condemrtatian for public use of or injury to any of the <br />property subjeact to this tnor[gage are hereby assigned and sha[I be paid to mortgagex, who may apply the saw to <br />payment of the installments last duc urxkr said rtsue, and mortgagee is hereby authorized; in the name of the <br />rnartgagot, to utxuu and deliver valid acquittantts thereof and to appeal from any such award. <br />k. The mortgagee shall have the right to inspect the mortgaged premises ai any reasonable time, <br />1. To comply with the pravisiarts of any kris if this Mortgage is on a leasehold. If this Mortgage is on a <br />unit in a condominium ssr a ptattned unit development, Borrower shall perform all of Bonawer's ootigations <br />under the dcekarati~ or covenants creating err governing the catttlauiaium or plartaed unit developmem,the <br />by-laws and regtdatioru of the coaedominittm or plaAncd unit development, oral catstitumt documents. <br />2. Default in any of the covenants ere conditions of this instrument or of the note or loan ageement secured hereby <br />shalt terntitmte the mortgagor's right to possession, usc, and enjoy[rtent of the property, at the option of the <br />m tit being agreed that the mortgagor shall have such right until default). Clpon any such <br />default, tits mortgagee shall btacottk the owtxr of all of the teller acrd profiu assuring after default as security for <br />the iridebterinhts setsurcd hereby, with the right to enter upon said proptry for the purpos of collecting such <br />rents and profits. Tha imtnunem shall operate as an as~gntnent of any rentals on said property to that extent. <br />3. ff the mortgagor defaults, and fails to matt nay paytnenis when duo: or to conform to and cwnply with any of <br />the ertiams or agsts cott~n_-d in thee marttgag~r or tltc tomes which it secures, then the entire prituipa! <br />stem and acataed itttaeat shag at attct bssonte elite and payable, and draw * per cttn (,LZ.,S>rfl ima~t <br />thereafter pant a the clectioa of the mor€ and this mortgage toay thereupon be foreclosed immediately <br />far ttae wtmk of the ~ hereby secured, including the cwt of eattendirtg the abstract of title from the <br />~r esf flits to the titer of caearnertcirtg such suit. 'seventeen and erne-half percent <br />4. tai tha e+c~ of a faaucio~e or tiefautt as provided. hsreiA, cite mortice shalt at trace be ttetttkd to the pos- <br />salsktn, uae, and eajoyatast of tits tent etas aforesaid atxf to the cart, issues, royalties, aAd profits thsteof, <br />(start the ref s»it t~hts oral durlag the fir' csf fotrre proceeding.; ate stu;lt pstssions, etc., <br />t-~ aatrr-lac led to the rnattattpt upon r~uest, upon faihtrc such dtdivery of such possession may bs <br />b! , by +tmr a~tragtriate ~ ~ intdtu a rexa:tiver for the prot>Crty <br />S< 'Yht of any sate of rand property iA aoe with the ptxc~rtling paragraphs shall be applied first to <br />pt3lt the arrf enP of rild .Salt:. the: eat- ttrcttrtsd by the fltAftgigee far the purpose Of protesting tN <br />paid tY. saeotfdty: to pay the i seratrexf herby; atld thirdly, to pay any- surplus tx <br />c,t ba t~s ocrsos or psrstxts tally ss~tlat4 tharety. <br />