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>~ *-~ Q f VS3 d. For beuer security of the indebtedness hereby secured, upon the request of the mortgagee, its sutxessors or assigns, mortgagor shat! execute and deliver a supplemental mortgage or mortgages covering any additions, improvements, or betterments made ¢o the property hereinabove described and all property acquired by it after ¢hc date hereof (all in farm satisfactory to mortgagce). Futhermore, should martgagar fail to cure any default in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor here- by agrees to permit mortgagee to cure such default, but mortgagce is not obligated to do so; and such advances shall tecor:te part of the indebtedness secured by this instrument, subject to the same terms and conditions. e. Tht rights erected by this conveyance shalt remain in f'ut: ford and effect during any postponement or extetrsion of the rims of the payment of the indebtedness ~idsttecd by said promissory note or notes, or any part thereof secured hereby. f. To continuou=_ty maintaiA hazard insurance, of such type o: types anti in such amounts as the mttgagee may from time to time require on the improvements now ar hereafter on said property, and will pay promptly when due any premiums therefor. All insurance shall tx carried in companies acceptable to mortgagee and the policies and renewals thereof shat! be held try mortgagee and have attached thereto Voss paycbie clauses in favor of and in form actstptable to the mortgages, in event of loss, mortgagor will give immediate notice iA writing to mortgagee, and mortgages may make proof of loss if not roads promptly by mortgagor„ and sash insurance company concerned is hereby authorized and direeted to make payment for such loss directly to mortgagee instead of to mortgagee and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied by mottgagse at its option either to the reduction of the indebtedness hereby secured or to the restoration or repair of the property damaged or destroyed. In evsnt a€ foreclosure of this mortgage, or other transfer of title to said property in extinguishment of the indtbttdness secured hereby, alt right, ti8e, and interest of the mortgagor in and to any insurance policies then in (ores shall pass to tht purchaser or mortgagor or, at the option of the mortgagee, may be surrendered for a refund. g. To keep ai} buildings and other improvemenu on said property in good repair and condition; to permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the event of failure of the mortgagor to ksep the buildings on said r.emisw a~,d ¢h,osz erected on said premises, or improvements thereon, ir. good repair, the mortgagee may make such repairs as in its discretion it may deem neeessary for the people prestnation thtreof; and the full amount of tack and every such payment shad be itnrrtsdiatrly due and payable: and shall he secured by the leis of this mortgage. i,. To not vaiuntariiy create or permit [o bt created against the property subject to this mortgage any lien or liens inferior to the lien of this mortgage without written cansenr of the mortgagex: =nd futtrer, that mort- gagor wilt keep and main[ain the same fret from the ciatm of all persons supplying labor ar materials for con- struction of any and ati buildings ar impcovemrnts now using trscted ar to be erected a^ said premiss. i. 'Fo not rent ar assign any tract at. the rent of utd mortgaged ¢roperty or demolish, ar remove, or subszantialiy otter anv building wsthout the written =oetsent of the mortgages. j. AU awards of damages in connection with any condcrnnation for public use of or mlury to any of the property subjext to this mortgage art hereby assigned and shalt trt paid to martgagar, who tnaY apply the same to payment of the instatirttsrtts -ast dus under said note, and mortgagce is hereby authorved, in iht name of the mortgagor, to execute acrd deliver valid ac$uitaattces thereof and to appeal from any such award. k. The mortgagee shall have the rif€ht to inspect the mortttatzed premises at any r~cnnable time, t. Ta Gamely with the aroviaigns F?f 3ny tf!p~ if :hie 4#f,.roa~o.:~ ~ i~~.~~t~ [~ _ _ _ __ _ - .~ ~..- .. .- .. a .v. ~Ygugc , u unit in a condomtnium or a ptatrned unit devstapment, Borrower shall^perform all of Borrowzr's ob'igations ufuler the declaration or covenants creating or governing the condomiftium or plannsd unit dcvelopmsnt,the by-laws and regulatioats of the cotx}otninium or planntxi unit dtvtlopmrrtt, attd constituent dosume.^ts. 2. lkfauh in any of the covenants ar canaiitions of this instrument or of tht note or loan ageement secured htzeby shall terminate fht mortgagor's right to possession, use, and enjoyment of the property, at the option of the fnortgagtt or assigria {it being agreed that the mortgagor shalt have such right until default). Upon any such default. the mttttga, -shall fx~ortie the ownex of all of the rtxtts astd profits atxuring after default as security for fhe ttxlebtedness stcurtxl htrtby, with the right to enter upon said property for the purpose of cottexting such re:[tts arm profits. This iro.arumcrit shall operate as an assignment of any rentals on said propttty to that extent. 3. tf the A~.gagtsr defautts, and farts to males any payments wirer[ due ar to conform to and comptywith any of the coraditioAS or agreemenu contained in this martgagt or the notes which it secures, then the emirs principal ant! ac~ttod imerest shall at cutce btcc.rne dus attd payable, and draw * per cent { 3b.7~1a) interest tlfter until paid u t}x election of the mortgagee; and this mortgage tray thereupon be foreclosed immediately Ea tlrs ahok of the indebtedness hereby secured, incltxfing the cost of extending the abstraet of title from the ate tsf this niort to the time of commencing Stich suit. *Sixteen and three-quartern 4. in the es~att of a fexetlosurt to dt~ftult as provided tieran, the rtwrtgagee shall at once be entitled to the pas- set~tlrn, use, and snjoymertt of the real estafc afortsaiti and to the reAt, issues, royalties, and proofs thertaf, frftsn the atxruing of such rigtiu gnd during the ptndeney of foreclosure proceedings attd such possessions, etc., ax oftac ix driveat~t to test trn~t +~'n rt~t, upon failure ssteft ds}ivsry csf uch paass3iott [nay be csfort~ by Atc»tgatg[ee, by arty apprt>txtiste ttga} ptocoettings, including a receiver Cor the property. 1 f Ttu prtt~da of arty vale of slid property [n acscordartcx with the preceding paragraphs shall bt applied first to ply thtr rxtttt# oral expenxtts of yard . the ssfpe^tte~ itivurred by efts tnort;ee for the purpose of pratssting t,r ~ttil~t said pf'~'p~tY. s~rirts#}y< to t?ytY rht irtflt~tsdnst~ sectn:~ti hxrrbv: and thirdly, [c? pay any surpiu+ ur fe rite ~ ar p~ersotts legally satitkd thtrefrs.