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<br />d. For better security of the itrde6tttrlrteas hereby secured, upon the request of the mortgagee, its succtxsws
<br />or assigns, mortgagor shall execute and deliver a supplementer! mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and all property acquired bq it after
<br />the date hereof (aIi in form sat factory to mortgagee?. Futhermore, should mortgagor fail to cure any default
<br />in tlpe payment of a pries or inferior ettcttmbtaace on the property described by this instrurttent, mortgagor hero-
<br />by agrees to permit n-ortgagce to cure such defauh,. but mortgagee is not obligated to do sa; and such advances
<br />shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />e. The rights created by [Isis conveyance shall remain in full force and effect during any postponement or
<br />ext~sion of the time of the payment of slit indebtedness evidenced by said promissory note or notes, or arty
<br />par[ tlreieof s~trcd hereby.
<br />f. To txaatinuously maintain hazard insurance, of such type or types and in such amouau as the mortgagee
<br />may from tithe to time require on the improvements now or heresiter on said property, and wilt pay promptly
<br />when due any premiums therefor. All iosttrance shalt be carried in rnmpanies acceptable to mortgage attd the
<br />policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clauses in favor
<br />of and in form acceptable to the mortgagee, [n event of loss, mortgagor will give immediate notice in writing
<br />to mortgatpee, and mongaget may make proof of loss if no[ made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment for such loss directly to mortgagee
<br />instead of to trrongagor and mortgagee jointly, and the insurance proceeds, or any pan 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 slit prapetty damaged err destroyed. In event of foreclosure of this mongage, or other transfer of title
<br />to said property in extinguishment of the indebtedness secured hereby, ail right, title, and interest of the
<br />mortgagor in amf to any insurance politics then in force shall pass to the purchaser or mongagee or, at the
<br />option of the mortgagee, shay be surrendered for a refund.
<br />g. To keep al! buiMings and otftM improvemems on said properly in good repair and condition; to
<br />permit, cartttnit, or suffer no waste, impairment, dcterioradon of said property or any pan thereof; in the event
<br />of failruc of the mortgagor to keep the buildings on said premises and those erected on said premises, or
<br />irttprovernertts thtteon, in good repair, the mortgagee etas make such repairs as in its discretion it may deem
<br />ttet~sary for the props preservation thereof; and the full amount of each and every such payment shall be
<br />itntnedrate#y due erred payable: arui shall be secured by the iein of this mortgage.
<br />h. To trot voluntarily create o• permit to be created against the property subject to this m~ngage any hen
<br />or liens inferior to the lien tat this mar4gatte without written consent of the mortgagee; and father, that mort-
<br />gagor will keep and rnairuain the saute free from the claim of all persons supplying labor or macerials for cor
<br />st: action of any attd alt ieui~ittgs or improvements now t+cing crested or tc he rutted on said premises,
<br />i. To :.ttt rent err assign any pan ref slit rent of Said mangaged prapcstY or demolish. or remove, or
<br />substantially alter auY building withoett the written cansrnt of the mortgagee.
<br />j. Ali awards of damages in t.~onnection with say eandemnation i'ar pubht sue of or injury to any of the
<br />ptopatY subject to this trrortgagr errs hereby assigt~! and shelf !~ paid ca mangagee, who rnaY aPPly the same to
<br />payttretet of the installments last due under said hate, and mongagee is hereby authorized, in the creme of the
<br />mortgagor, to execute and dtfiver valtti acqutttantes therenf and to appeal from any Such award.
<br />k. The mortgagee shall Nava then right to inspeaY the mortgaged premises at arty* reasonable time.
<br />!. "ter t«tmly with the prortsiorts of arty lease if this Mortgage is on a lea3ehodd. if this Mortgage is on a
<br />assts :.. a enium err a planned ante development, Battower shall psrform all of Borrower's obligations
<br />under the dadaration err coveataaty creating or govorttirt~ the condtteninittm or piantxd unit deveittproent,the
<br />by-laves sad rt~irtioats of tl-e tttsdanittiu®or platttmt traff dcvclaptrten4 and consrituem doeuntenis.
<br />2. f3efatdt in arty of the tormancs or rnnditiotta of this instrument err of the note or loan agcement secured hereby
<br />xhtifil termirttte the mtxtgagor's night to pnssessiost, use, and enjoyment of the properly, at the option of slit
<br />r>aeatgtrtgpe err (ii bei>~ sgttsd that the ntongagor shall have suds right until default). !~'pon any teeth
<br />dttAtoh. slit mortgt~c shall btxome the owner of alt of the rents and praCds aceuring after default as security far
<br />she iudebtadxsx wtvrrd hereby, with the right to enter upon saaid property for the ptupose of collecting such
<br />reins sad profits. This irattruaaent shall operatic as an assignment of and records on saw property to that ettamt.
<br />1. IE slit ~ defatdts. and fails to rt~ke eery paytr~tts what due or to conform to and canp[y with any of
<br />else or agravetatrts contained its this mortgage or the notes which it secures, slices the etttirc prirttipaf
<br />sum std xcrtted shttkl at .axe become tftrc erred payable; and draw * .per rant (_.16..5.tltr) interest.
<br />#ti"rcr paid at the elr~orrof the ~ std thls ~ may therectpan be forectose~d ineepediately
<br />fttrtlat+rltalc+of the ~ hercby secured, ittdadfrtg the-test of extending slat atrstrstx of tick from the
<br />t1tHa of ths?s tttorc to t5c titete e'f such suit. *S15ctrten and one-half goz~certt
<br />to dttf rs~eg; ttf a ~ err 6dauii at: provirltrd betties, the rmrrt~gee shall at once be shuttled to else pot-
<br />- stwtiGtk. ttaa:' sued of the real estate af~vtvaid erred to the rent, issues. royalties, and pretties thereof,
<br />1 ~t o! i~h aed tlttrxig the pendency o! foreclosure procetxlings atuf such petas+essions, etc.,
<br />sib at ±mtzae in ~ !o slue tart upon. . apart failarc settle d~very of suds pcrsa~sion etas bt
<br />ett~6rttld t7 ~+'v"; ~I? ~Y ~ ~Si tbs. ittrhtditra a receiver feu ttte prapvty.
<br />S,. 't#Ia: ~ggrt rf eras ter of stri[d ptdtytn ~ whit tl~ preceding t~rt~trai~s shall be applied first tea
<br />p~f-t3r~, : at~d elf staid rata, the ~: ineasrrvd by the etmrte feu the putptrse of proac+:tiAa err
<br />:staid prap~ty. ~, to ptq else ' secarrsd ~5': need ihitdfy, tat trey any surplus err
<br />irtr-ter else ytdtaa+nt r kgtlBY tt. thatatrX
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