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r•- d• For better security of the indebtedness herehy secured, upon the reyu?st of the mortgagee, its successors or assigns, mortgagor shaft execute and deliver a sttppiemental mortgage or mortgages covering any additions, improvcmems, or betterments made to the property hereinabove described and alt property acquired 6y it after the date hereof (all ir. form satisfactory to mortgagee). Futhermore, should mortgagor tail 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 mortgagee is not obligated to do so; and such advances shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions. e. The rights created by this conveyance shalt remain in full force and effect during any postponement or C'7 extension of the time of the payment of the indebtedness evidenced by said promissory note or noes, or any ~ part thereof secured hereby. r.r ~_ f. To continuously maintain hazard insurance, of such type or types and in such amouhts as the mortgagee `•~ may from time to time require on the improvements now or hereafter on said property, and will pay promptly when due any premiums therefor. All insurance shall be carried in companies acceptable [o mortgagee and the policies and renewals thereof shall be held by mortgagee and have attached thereto foss payable clauses in favor rt of and in form acceptable to the mortgagee. In went of loss, mortgagor will give immediate notice in writing ~ to mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such loss directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or - °f •h~ - ~ °'?at^aged or dec[rnyrd, to went of foreclosure of this mortgage. or other transfer of title IGNaT .. , p.ap.-.^., to said propem~ in extinguishment of the indebtedness secured hereby, all right, title, and interest of the mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at [he aptlon of the mottgagee, may be surrendered for a refund. g. To keep all buildings and other improvements on said property in good repair and condition; to perntit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the event of failure of the mortgagor to keep the buildings an said premises and those erected on said premisea, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem necessary for the proper presen•ation thereof; and the fu{1 amount of each and every such payment shall be immediately due and payable; and shall be secured by the leis of this mortgage. h. To not voluntarily create or permit to he created agai+st the property subject to this mortgage any lien or liens inferior to the lien of this mortgage without written ccnsent of the mortgagee; and futher, that mort- gagor will keep and maintain the same tree Crom the claim of elf persons supplying labor or materials for con- struction of any and alt buildings or improvements now being erected or to be erected on said premises. i. To no[ rent or assign any part of the rent of said mortgaged property or demoEsh, or remove, or substantially alter any building without the written consent of the mortgagee. j. vii awaru's of damag~~ in connection with a cored?!tination for public use of or injury to any of the property subject to ihi., mortgage are herehy assigned and shall be paid to mortgagee, who may apply the same to payment of the installments fast due under said note, and mortgagee is hereby authorized, in the name of the mortgagor, to execute and deliver valid acyuit[ances thereof and to appeal from any such award. k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time. L To comply with the provisions of any lease if this Mortgage is on a leasehold. If this Mortgage is on a unit in a condominium or a planned unit development, Borrower shall perform alt of Borrower's obligatiors under the declaration or covenants creating or goo?rrting the condominium or planned unit development,the by-laws and regulations of the condominium or planned unit development, and constituent documents. 2. Default in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby shall terminate the mortgagor's nigh[ to possession, use, and enjoyment of the property, at the option of the mortgagee pr assigns {it being agreed that the mortgagor shall have such right until default). Upon any such default, the mortgagee shall become the owner of all of the rents and profits assuring after default as security for the indebtedness secured hereby, with the right to enter upon said property for the purpose oC collecting such rents and profits. This instrument shalt operate as an assignment of any rentals on said property to that extent. 3. if the mortgagor defaults, and fails ro make any payments when due or to conform to and comply with any of the conditions or agreements contained in this mortgage or the notes which it secures, then the entire principal swn and accrued interest shalt at once become due and payable, and draw * per cent (16.0 °70) interest thereafter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately for the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the date of this mortgage to the time of commencing such suit. *Sixteen Bercent 4, !n the event of a foreclosure or default as provided herein, the mortgagee shall at once be entitled to the pos- session, use, and enjoyment of the real estate aforesaid and to th? rent, issues, royalties, and profits thereof, from the accreting of such rights and during the pendency of foreclosure proceedings and such possessions, etc., shall at arise be delivered to the mortgagee +rpan reyuest, upon failure such delivery of such possession may be Cnforced by mOTfgagee, by any appropriate Icgal proceedings, including a receiver for the property. S. T"he procxects of any sale of said property in accordance with the preceding parageaphs shelf be applied first to pay the .acts attd expenses of saki sak, the expenses incurred by the ntort$age? for the purtwst of protecting or +€wiritaittitig > property, secondly, tU pay the indebtedness secured hereby; and thirdly, to pay any surplus ur exc-usz to the pe€--zoo or p?rr~Jtts lrgxily esttitltd thereto.