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<br />d. Far better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />or assigns; mortgagor shall execute and detivtt a supplemental mortgage or mortgages covering any additions,
<br />CA improvements, oc betterments made to the property htttinabove described and all property acquired by it after
<br />ifs the date hereof 4all in form salisfactory ro mortgagee}. Futhermere, should mortgagor fail to cure any default
<br />C~ in the payment of a prior or inferior rncumbrattoe on the property described by this instrument, mortgagor hero
<br />'"'t by agrees to ptrtttit mortgagee to cure such dtfauit, but mortgagee is not obligated to do sa; and such advances
<br />shall trecome part of theindehtedrtess secured by-this instrument; subject to the same terms and contlirions.
<br />t. The rights crested by this conveyance shall remain in fulE force and effect during any postponement or
<br />efttanssbtf of the titter of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />QQ part thereof seared hereby.
<br />f. To cwttinuously tnairttain hazard insurance, of such type or types and in such amounts as the mortgage:
<br />tray from time io tirtx require on the improvements stow or hereafter on said property, and will pay promptly
<br />what due any prertiums therefor. All insurance shall be carried in companies acceptable to mortgage and the
<br />polies and renewals thereof shall be held by mortgagee and have attached thereto loss payable elapses in favor
<br />of and in form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writing
<br />to m~tgai,ee, artd mortgagee may make proof of loss if not made promptly by mortgagor; and each insurance
<br />company concerned is hereby authorized and'directtd 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 ai its option eithtt to the reduttfon of the indebtedness hereby secured or to the res[oration or
<br />repair of the property damaged or destroyed. !n event of fortdosure of this mortgage, or other transfer of title
<br />to said property in extinguishmrnt of the indebtedness secured hereby, alt right, title, and interest of the
<br />mortgagor in and to any insurance policies then in force shalt pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. To keep all buildings ate athtt improvemttxs on said property in good repair and condition; to
<br />permit, commit, err atfftt no waste, impairmrnt, detttioraiion of said property or any part thereof; in the event
<br />of faiture of the mortgagor to keep the buildings oa said premises and ihaee erected nn cold p_r~~~, nr
<br />itrtpravemertts thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary for the props preservation thereof; and the fail amount of tech and every such paymem shall be
<br />immediately due and payablr, artd shat! br secured by the ilia of this mortgage.
<br />h. Ta not voluntarily creatr or permit to be created against the property subject to this mortgage any 1sen
<br />or liens inferior to the lien of this mortgage without written consent of the mortgagee; and father, chat mort-
<br />ga¢or will kelp and maintain the same free from the claim of all persons supplying tailor or marerimtc far con-
<br />siruttitm of any and all buildings or improvements ltow being erected or to be erected on said premises.
<br />i. To not rmt or assign any part of the rent of said mortgaged property or demolish, or remove, or
<br />substan!iatly otter any u ti;dtng wit~ri,iit tt-it wiitfeti eoaxnt of the mortgagee.
<br />j. AU awards of damages fn connect#on with any condtmaatioo for public use o{ or injury to any of the
<br />property wbjtc[ to this mortgage arc hereby assigtttd and shall lx paid to «tartgagct, who may aPPly [he same to
<br />payment of the instatlmatts last due ttttder said torte, and mortgagee is htreby authorized, in the name of the
<br />tntx:gsb°tir, „ „~..,,,.~ dtl:va vim arr~r.tftta tixrtcf wn to a„^;~1 frorre a„Y such av~.rd.
<br />k. The mortgagee shalt have the right to inspect the. mortgaged premises ai any reasonable time.
<br />1. To comp#y with the provisions of any lease if this Mortgage is on a leasehold. If this tNortgags is un a
<br />unit in a coademinfum or a planned unit devtlopmtnt, Borrower shalt perform all of Borrower`s obligations
<br />utul~r the dt~iaration os covertaats creating or governing the condomtnfum or planned unit developrnertt,the
<br />l-y-lgws and regutatiotu of tlx cottd~initun or planned unit devttopmatt; and rnngtitutnt docutmnts.
<br />2. t)efault in any of-the txsvertattu 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 tnjoyn~ttt of the praperiy, at rite option of the
<br />tttosigagee m assigns tit bring„ agreed that the mortgagor shall have such right until default}. Upon any such
<br />defsutt, the trtartgagee shall become the owner of all of the rents and profits accuring after default as security for
<br />the indebtedness secured hereby, with the right to enter upon said property for the purpose of coltaxing such
<br />renu and profits. This irtsirument shall optrau as an assignment of any rentals on said proptny w that extent.
<br />3. If the mortgagor defatths. and fails to make any payt~nu when due or to conform tp and comply with aay of
<br />- the € or agree,rutnis coataitted in this mort~tge or the notes which it secures, then the entire principal
<br />store sAd ~ ihte€est shall at ante become dtx and payable, aad draw * per cent (.1ZS..~i) inttttst
<br />t3~ lentil paid at the eJkctioa of the tnortgager, and this mortgage may thereupon be foreclosed imtnediattty
<br />fbt tlt4 +ahedt cif fife ittdebteds~ss hereby secured, inclt.~ting the cost of attending the abstract of tilt from the
<br />dsats o! this tttortgage to the tint of commencing such suit. *5evezteen aru one-half Percent
<br />.1. 1n: tia.tveni ttf a fitKCc. or daltlult-at:-praritlnd heron. the taattgag~ shall at onrt be entitled to the pos-
<br />t~sb2a, use. scut enjciy3neat of tlu real tstau aforaafd and to the rent, issue, royalties,. and Profits thereof,
<br />feam for atacattitig of sttrlt rigltu sad dnrit-g the peadeocy of foreclawrt protcedi~s and su.`tt possessions, etc.,
<br />shat! at bt dt~-a~ttatl t~,tte:rttoexgagCC u retluest, upon-failure such delivery of lush possessm^. may be
<br />gtfttet~d bgl ~', by 3 appcott fed~ti p~rosxadittgs, ittcludit~ a rceciv+ra_ for the property.
<br />S. 'i1~ ex's ttf s~ of sold p:gper;y in tttxveda~e wftlt the ra s shalt he a
<br />t1At.tR6t3 and_ . t~_parag ph pplitd first to
<br />P~ ~a v,~, sad &afia, the exptttc~st iticttrre+d by the atott far the purpose of ptrottctfrtg err
<br />tisaiti#,~jpirtft s1d1# ptt749iuty, may, to pity the: ` .eettrtx7 hereby; and tttirtlly, to pay any :surplus or
<br />w t ix tstrt~r, tx P ~ ttttithxl fikterct~.
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