I
<br />d. For better security of the itedebtedrress hereby secured, upon the request of the mortgagee, its successors
<br />or assigns, mortgagor shalt execute and deliver a supplements! mortgage or mortgages covering any additions,
<br />improvements, or betterments [trade to the property hereinabove described and al! property acquired by it after
<br />the daft hereof (al! in form satisfactory to mortgagee). Futhermorc, shotdd mortgagor fail to curt any default
<br />itt the paYtaxtrt of a prior or interior enwmhrance on the property described by this instrument, mortgagor.here-
<br />bY to permit mortgagee to cuff such default, but mortgagee is not obligated to do so; and such advances
<br />stub become part of the ~ secured by this insirurrreat, subjat to the same turns and conditions.
<br />e. Tex tights. created by this conveyance shall remain in full fora and effect daring any postponement or
<br />pq~on of the tits of the paymen[ of the indebtedtttss evtdeticxd by said promissory Wort of note, or any
<br />part thereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type or type and in such amounts as the mortgagee
<br />may from time to tittu require on the improvements now or hereafter on said property, and will pay Promptly
<br />when due any premiums therefor. All insurance sladl be rameti iA r.ompaates aoceptahle to mortgages and the
<br />policies and rcnewak theretf shad be held by mortgagee and have attached thereto loss payable clausett in favor
<br />of and in form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof 6f loss if not. made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment for such loss directly to mortgagce
<br />imtead of to mortgagor arai mortgagee jointly, and the insurantt proceeds, or any part thereof, [nay be appled
<br />by mortgagee at its option tither to the reduction of the indebtedness hereby severed or to the restoration or
<br />repair of ttx property damaged or destroyed. In event of foreclosure of *_his mortgage, or aher transfer of title
<br />to said property in extinguishmrnt of the indebtedness secured hereby, all right, title, sad imerest of the
<br />mortgagor in and to any insurance policies then in force shall pass [o the purchaser or mortgngee or, at the
<br />option of the mortgagee, may be surtendered fora refund-
<br />g. To keep at! buildings and atMer improvemeau on said property in good repair attd condition; to
<br />pertmt, commit, or suffer no waste, impairmrnt, deterioration of said property or any part thereof; in tht event
<br />of failure of the mortgagor to keep the bnildings on said premises and those erected on said premises, or
<br />irnprovemrnts thereon, in good repair, the mortgagee may make sash repairs as in its discretion it may deem
<br />necessary for the proper preservation thereof: and the full amount of tech and every such payment shall be
<br />imttxdiately due and payable: and shalt ht secured by the Lein of this mortgage.
<br />h. To not voluntarily treats or pe€mit to be created against the property subject to this mortgage any lien
<br />or liens Inferitx 4O the hrn c'7f th15 mortgage without writtrn consort of the mortgagee; and futher, that mort-
<br />gagor wi-l kcrp and matnraitr the same fete from the claim of a8 persons supplying labor or materials for con-
<br />struction of any and all buildings or itnprovcmtnt<s tttrw tieing erected or to be erected on said premises.
<br />i. To not rent or assign say part of the rent of said mortgaged property or demolish, or remove, or
<br />substantmtity ahtr any bui~ing withcurt the written consort of the mortgagee-
<br />j. All awards of damages in t:ontrectitsn with any cotxtenrnatian for pubtie use of or injury to any of the
<br />property subject [o chi; mort are hereby assigned and shall. be paid to mortgagee, who may apply the same to
<br />paymrnt of the irtataltmrnts fast due trader said Wort. arm mortgagee is hereby authorized, in tht name of the
<br />trnxtgagor, to execute sad deliver valid acquittances tltacof arm to appeal from any such award,
<br />k. The mortgagee shall have the tight [o itsspect the mortgaged premises at any reasonable time.
<br />1. To Y with the provisions of any kris it this Mortgage is on a ieasehoW. If this Mortgage is on a
<br />utnt in a coudomiaitua or a planned unit developtnent. grower shall perform a!i of Borrower's obligations
<br />urrda the deettvatioa or covenants crrntietg or goverttiag the condominium or planned unit developmrnt,the
<br />!q*-laws and ragu of the raatdomittiam a piannaf umt deveEopment. and constittteat dontmrnts.
<br />2. Default in any o€ the covenants or rntr~ditiona of this itsstruttKttt or of the note or loan agesrnent secured hereby
<br />shad terminate the matpgor's right to Pte, use, and rnjoyraent of the prope7€Y, at iltC option of the
<br />m~ or as~#as tit being agreed thu the mortgagor shall have such right umil default). upon say such
<br />defsra#, the ~ shall beoorsie the owner of all of the rorts and pmts aowring after dtfanlt as seruiiY fa
<br />flu ~ saatred hereby, with t'ne right to care upon saw property for the purpose of collecting such
<br />Terns and profits, Teas irsatitrmeat shsII operate as sa assignmcttt of any rentals on said protxrry to thu sneer.
<br />;, (# tiro-mOr defau&s. aad fail to atalrn say payatents where due or to conform to seal comply with any of
<br />the, ce a~reeatettts cotttatued in this tnortgsgt or the-notes which it sautes, rhea the egtire principal
<br />~ asd aeerucd imerat aims at once become due and paysbk, sad drawn 29.15._ per sat (~4s~ir) interest
<br />tlaer aatB ptad at the tYtetion ref tltc start eta! tins mortgage may thereupon be foreclosed iatarediatelY
<br />for the wtpsie 'the ~ hereby scrtrred. including the cat of extettdirtg the abstract of tltk from the
<br />dt~ttf ti~a+ ~-the time a# coag rr~ suit.
<br />~ H4.rlte.ctieaM of a-f~ ate dafa~ tw provided herein, -the - at one be emitlad to the pos-
<br />pa; teat, ~ eat ttx ~ start aforesaid sett to the [tat, isstxs, royalties, sad- profits tlxreot:
<br />fr+taa+ the a~ at itekh and d®rsag the peadaecy of frxeelostac prncetdings aad~strch poamuiotts, etc..
<br />td date S!C ~ tae the tmertg~uee upon zerittest• upot- faihttt sorb d~iverY of such Possession msy bt
<br />,tttfeccad btr ~• irlt-~" ~ ~ ~ ice. a rtvtdvpr toe' the property.
<br />!. '1'Lrt' ~ ei sick ~ stdtf qty is aotardaaar-wish ttu pttg para#tt~hs shall he applied ft`nt to
<br />t the_ aaM4 ~p+lpsal t~f raNd iadl;:..rite nttp~ws faagrred ~' tilt sage far the imrPost of prrrtrctitta err
<br />fated pt sutt++ad~+ M prtF' the. ~ hereby;. aced thisdiy, to pay-any surlnus 4+r
<br />rrrwa~ tba ~ ~ ~ earieMd
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