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<br />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 herrinabove described and all property acquired by it after
<br />the date hereof (a{I in form satisfactory to martgagee-. Futherrnore, should mortgagor fail to curt any default
<br />in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor hero
<br />by agrees to permit mortgagee to cure such default, but mortgagre is not obligated to do so; and such advances
<br />shalt become hart of the indebtedness securetf by this instrumem, subjett to the same terms and conditions.
<br />e. The rights rrtat~zd by this conveyance shad remain in full force ant! effect during ary postpotseatent or
<br />rxtension of tfte time of the payment of the indebtedness evidenced by said promissory note err notes, or any
<br />part thereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type err types and in such amounts as the mortgagee
<br />tray from time to time require on the improvements now err hereafter on said property, and will pay promptly
<br />when due any premiums therefor. Alt insurance steal! be rarrieri in companies acceptable to rortgagee and the
<br />policies and renewals thereof shall be held by mortgagee and have attached [hereto toss payable clause in favor
<br />of and in form areeptatte to the mortgagee, In event of loss, mortgagor will give immediate notice in writing
<br />ea mortgagee, and mortgagee may make proof aC loss if not made promptly by mortgagor, and each insurance
<br />company rancertsed is hereby authorized and directed to make payment for such lass directly to mortgagee
<br />instead of [o 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 destroged. In event of foreclosure of this mortgage, or other transfer 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 to force shall pass to the purchaser err mortgagee or, at the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. 'Co keep al! buikl[ngs and other improvements on said property in good repair end condition; [o
<br />permit, commit, or coffer na waste, impairment, deterioration of said property err any part thereof; in the event
<br />of failurt of the mortgagor to keep the buildings on said premises and those erected an said premises, or
<br />improvemrnts thereon, irr good repair, the mongagcc may make such repairs as in its discretton it may deem
<br />necessary far the protaer preservation thereof; and the full amount ~[ ~A~h ,_~_n ~_.~... ;~c;; „aym2ra s:iait i}c
<br />:taatrtedtately dui and payable; and shall be secured by the Fein of thts nortgage.
<br />h. To not voluntarily create err permi[ to tm created against the property subject to this mortgage arty lien
<br />or liens inferior to the €ien of this martga$r without written cansmt of the mortgagee; and fuiher, that morn
<br />gager will keep and maintain the same free from the claim of alt persons supplying tabor or materials for con-
<br />struction of any and nit tuildings or improvettrents now being erected err to tee erected an said premises.
<br />i. Ta urn rent err assign any pas: of the rent ~.f crud martramP=~ pr.,,..rty err demolish, err remove, or
<br />substantially otter any building without the written conunt of the mortgagee.
<br />j. fill ova;ds c,f darrtages in canncction with any condemnation far public use of or injury to any of the
<br />property subject to this mortgage are hereby assigs~s.'' arul stint! tae paid to mortga$ee, who may apply the same to
<br />paytncttt of the installments last due under said note, and mortgagee is hereby authorized, in the name of the
<br />trsartgag:sr, to execute and dtfivrr valid acquittances thereof and to appeal from any such award.
<br />k. The mortgagee shall have the right to inspect ttte mortgaged premises at any. reasonable time.
<br />t ~~...,.,~,..a..~:,t..~-
<br />- .. •~ ~ ~ a i o tntli Ortgag:7~ is an a
<br />unit ir. a condominium or a planned unit dcvelapment, Borrower shall perform all of Borrower's obligations
<br />tst~r t.~ dsr~~-rati„^n ur routs Ming or governing the condaminittm or planned unit developnunt,the
<br />aY-laws and re=tefatiaas of the candorttinium err platttted unit deveiapmett[, and canstiturnt dot:umeats.
<br />~. t}efwlt in any of the eovcnartts or conditions of this instrument or of the note w loan agtemeat sectored hereby
<br />shaft terminate the mortgatgor's right to twsscssion, use, and enjoyment of the property, at the option of the
<br />mortgagee or assigns (it being agreed that the mortgagor shad have sorb right until default). Upon any such
<br />default, the tttagee shalt became the owner of all of the ants and profits accuting after default as security for
<br />the istdebtedttess secured hereby, with ttte right to enter upon said property for the purpose of collecting such
<br />rents atxt prof"us, This instrument shaft operate as an assig[tmcnt of any rentals an said ro
<br />p a-ty to that rxtent.
<br />3. if the mortgagor defautta, and lath to make anY pYymcnts whrn due or to conform to and comply with any of
<br />the condittons or agreements contained in this mortgage or the notes which it secures, then the entire prirttipal
<br />:~ attd aetrttrd interessr she-tt at once ~osne due atuf payable, and draw *` per cent (16.7Syi) interest
<br />tlttr utttsl petal at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately
<br />far the whtafe of ttte tndebtedtrcss hereby secured, including the core of extending the abstraM of title from the
<br />da3e of thts mortgage to the titres of romrnens-ing such suit. *Si.xteen and three-c;ttartera
<br />f t~ eyestt of a ftxerfcrattre ~ default as prov~f herein, the tnortgagce strati at once be entitled to the pos-
<br />.. use:, ar,tf enjoyment of the real estate aforesaid arm to the rent, issues, rayaltics, atut profits thereof,
<br />ft~t ~ of stseh right:, aad durirtg the pi"nc-y of foreclosure l~oezedittgs atttf surfs possessions, etc.,
<br />st odor btr t~lfvtprttl to the rtmrtgtE#a upon request, upon faiturr such delivery of surlt posseasion may tx
<br />~` ~ by +rnY ~e ~ txocetsdings; including a receiver for the property,
<br />~` f~ ~ of said fatatp4srty in arcrardanre witft tltc prec;edittg pntagrapl~ shalt be applied first to
<br />ICY raps of s~ antler, the expertres ittcurrcd by the mavtgagere for the purprase of protecting err
<br />thaw prttSratttY. sanor+dfy, ttt pap the ids serttrexl l~rcbv; anal thircfty, ro pay any xurplus or
<br />3tt ear per+sorxs f~afly entitled tlratrtto.
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