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d. For better security of the indebtedness hereby secured, upon the request of rite mortgagee, its successors <br />or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions, <br />improvem@nts. or betterments made to the property hertinabove described and all property acquired by it afar <br />~ the daft hereof (all in form satisfactory to mortgagee). Futhtrmorc, should mortgagor fail to cure any default <br />O in the payment of a prior cr inferior encumbrance on the property described by this instnsmrnt, mortgagor htrt- <br />by agrees to permit mortgagee to cure such default, but mortgagee is no[ obligated to da so; and such advances <br />~ shad became part of the Indtbtedness secured by this instrument, subject to the saint arms and conditions. <br />~ e, The rights created by this conveyance shall remain in full force and effect during any postponemem or <br />~ extension of the time of the payment of the indebtedness evidrnctd by said promissory note or notes, or any <br />'"~ part thereof secured hereby. <br />f. Ta catttinuously rttaintain hazard insurance, of such type or types and in such amounts as the mortgagee <br />may from time to time require on the improvements now or hereafter on said property, and will pay promptly <br />whets due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the <br />policies and renewals thereof shall be held by mortgagee and have attached thereto foss payable clauses in favor <br />of and in form acceptable to the mortgagee. [n went of loss, mortgagor will give immediate notice in writing <br />to mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance <br />company concerned is hereby authorized and directed to make payment for such lass 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 at its option tither to the reduction of the indebtedness hereby secured or to the restoration or <br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title <br />to said property in extinguishmem of the indebtedness secured hereby, all right, title, and interest of the <br />mortgagor in and to any insurance policies then in force shall pass to the purchaser ar mortgagee or, at the <br />option of the mortgagee, may tee surrendered for a rot"and. <br />g. To keep all buildings and other improvements on said property in good repair and condition; to <br />permit, commit, or suffer no waste, impairmrnt, deterioration of said property or any part thereof; in the event <br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or <br />improvements thereon, in good re~ir, the mortgagee may make such repairs as in its discretion it may deem <br />necessary fpr the proper prtsenaUOn thereof; and the full amount of each and every such payment shah `vt <br />immediately due and payable: and shall be secured by the loin of this mortgage. <br />h. To not voluntarily create or permit to be created against the property subject to this mortgage any lien <br />or liens int`eriar to the lien of this mortgage without written consent of the mortgagee: and father, that mort- <br />gagor will keep and maintain the same free from the claim of all persons supplying labor or materials for con- <br />struCian of any and all buildings ar improvements now being erected or to be erected on said premises. <br />,. Ta not rent ar assign any part of the rent of said mortgaged Pro,,sriy or der:.dish, o, remove, a. <br />substantia4.v alter any building without thr written consent of the mortgagee. <br />j. A!1 awards of damages in connection with any condemnation lbr public use of or injury to any of the <br />property subject to t:tis mortgage are hereby assigned and shalt be paid to mortgagee, who may apply the same to <br />payment of the installments }ast due under said note, and mortgagee is hereby authorized, in the name of the <br />mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award. <br />k. T ift .uvrigagec Sha)1 tiayc ih2 right ifl irupeit the murigagw1 prgTiifics di aP~y rtas:.:.able time <br />L To comply with the provisions of any lease if this Mortgage is on a leasehold. If this Mortgage is on a <br />unit in a condominium or a manned unit development, Borrower shalt perform all of Borrower's obligations <br />under the declaration or covenants creating or governing the condominium or planned unit development,the <br />by-laws and regulations of the condominium or planned unit development, and constituent documen¢s. <br />2. Default in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby <br />shalt terminate ehe mortgagor's right ro possession, use, and enjoyment of the property, ai the option of the <br />mortgagee or assigns tit bring agreett that the mortgagor shall have such right anti) default). Upon any such <br />drfau)t, the mortgagee shall become the owner of all of the rents and profiu accuring alter default as security for <br />the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such <br />rents and profits. This insUUmtni shat[ operate as an assignment of any rentals an said property to that extent. <br />3. if the mrutgagat defaults, and faits to make any payments when due or to conform to and comply with any of <br />the condttimss ar agrtetsstttts ~ctttttained in this mortgage or the notes which it secures. thin the entire principal <br />sum and accrued interest shall at once baome due and payable, and draw _ * per cent (17.5 %a) interest <br />thtteafter unlit pah! at t1x clertion of the mongagee; and this mortgage may thereupon be foreclosed immediately <br />for the whole of the indtixedrtess hereby secured, including the cost of extending the abstract of title from the <br />dau of this mortgage ta the time of commencing such suit. *seventeen and one-half t17.5l1) <br />4. )n the event of a iortcerc a default as provided herein, the mortgagee shall at once be entitled to the pos- <br />session, test, aa~ enjoyment of the real estate aforesatd and to the rent, issues, royalties, and protits thereof, <br />f€ora the aW°rning of such riglsis attd during the pendency of foreclosure proceedings and such possessions, rte., <br />ai onyx bt deiirered to the mortgagee upon rtyuest, upon failure such delivery a( such pdssession may be <br />fucctd by mortgagee, by any appropriate Legal proceedings, including a receiver t'or the property. <br />~. ~' p;:dr cf day site of s:i.: friv~riy iu a~c.;idara:e with the preccdittg paragraphs shall br appiiei; i'trst to <br />pay the crrst~r at3d t>{ptnxss tsf said salt, the expences itt<°urrcd by the mortgagee for the purpose of protecting or <br />~ r,aid property, sceotYdty, to pay the itulebtcdness sectrrtd hereby: attd thirdly, to pay any surplus or <br />e.,cews to the pttstNrt rte ptrxona ltgatty ernitltd ttttrtto. <br />