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r ~1- 002703 d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions, improvements, or betterments made to the property hereinabove described and ai: property acquired by it after the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgago~,~ere- by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances shalt become pert of the indebtedness secured by this- instrument, subject to the same terms and conditions.: e. The rights created by this conveyance shall remain in full force and effect during any postpanemmt or extension of the time of the payment of the indebtedness evidenced- by said promissory note or notes;- or-any part thereof secured hereby. f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee may from time to time require on the improvements now or hereafter an said property, and will pay. promptly when due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clauses in favor of and in form acceptable to the mortgagee. In event of loss, mortgagor w:II 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 repair of the property damaged or destroyed. [n event of foreclosure of this mortgage, or other transfer of title to said property 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 the option of Ehe mortgagee, may be surrendered for a refund. g. To keep all buildings and other improvements on said property in good repair and condition; to permit, 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 on said premises and those erected on said premises, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem necessary for the proper preservation thereof; and the full amount of each and every such payment shalt be immediately due and payable; and shall be secured by the Lein of this mortgage. h. To not voluntarily create or permit to be created against the property subject to this mortgage any lien or liens inierior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort- gagor wilt keep and maintain the szrte free from the claim of all persons supplying labor or materials for con- struction of any and all buildings or improvements now being erected or to bo erected on said premises. i. To not rent or assign any part of the rent of said mortgaged property or demolish, or remove, or substantially alter any building without the written consent of the mortgagee. j. All awards of damages in connection with any condemnation for public use of or injury to any of the property subject to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the same to payment of the installments last due under said note, and mortgagee is hereby authorized, in the name of the tnortgagar, to execute and delivcv valid acquittancxs thereof a:td to appeal from any such award. k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonable time. t. To comply with the provisions of any {ease if this Mortgage is on a leasehold. If this Mortgage is on a unit in a condominium or a planned unit developmeet, Borrower shall perform all of Borrower's obligations troller the declaration or covenants creating or governing the condominium or planned unit development,the by-lPws aad regulations of the condominium or p~itned unit development, and constituent documents. 2. t3efault in any of the covenants or conditions of this instrument or of rho note or loan ageement secured hereby shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the rntrrtgagee or assigns (it being agreed that the mortgagor shall have such right until default!. Upon any such defauh, the tnartgagee shall become the owner of all of the rents and profits acturing after default as security for the itxlebtedness secured hereby, with the right eo enter upon said property for rho purpose of collecting such rents and profits. This instrument shall operate as an assigttttxnt of any remals on said property to that extent. 3. If the mortgagor defaults, and faits to make any payments when due or zo conform to and comply with any of the couditions or agreements contained in this mortgage or the notes which it secure, .iuo the entire principal wm sad aceruod interest shall at once become due and payable, and draw ._. = per crttt (t g ']S f interest thereafter rota! paid at the election of the mortgagee; and this mortgage map thereupon be foreclosed immediately fos the whop of the indebtedness hereby secured, including the cost of extending the abstract of tick from the dose of this rttortgttge to the time of commencing such suit. * Eighteer, and three-quartexs 4. in the evcut of a fmrx:loratee or .default as providal herein, the mortgagee shall at once be entitled to the pos- session, use, attd enjoytmt of the real estate aforesaid and to the rent, issues, royalties, and profits thueof, frtuu the accsuitrg of such rights and during the pendency of foreclosure proceedings and such possessions, etc., slag!! at once be dglivered to-the mortgagee upon request, upon failure such delivery of such possession may be ettfortxd by fnottgtt(tet, by any approptiat~ legal protx~littgs, including a receiver for the property. 5. The protxrxle at` arty sale of sold property in accordance with the preceoittg paragraphs shall be applied first tq p#g thc;cosu and expenses of staid sale, rho cxpenees incurred by the mortgagee for the ptirpt>.se of protecting qr rata€~tti(taiitt~ said property, secondly, to-pat the ittdebtplness sccurari hereby; and thirdly. to pay any surplus ar exr~s t4 the person or persona legally entitled thereto.