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8I-pp2787 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 hercinabove described and all 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 }~y this instrument, mortgagor here- by agrees to permie mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances shall become part of the indebtedness se+~tred by this instrumrtt, subject to the same terms and conditions, e. The rights created by this conveyance shall remain in full force and effect during any postponement or extension of the time of the payment of the indebtedness evidenced by said promissory note or notes, or any part thueaf secured hereby. f. To continuously maintain hazard insurence, of such type or types anti in such amounts as the mortgagee may from time to time require on the improvements now or hueaftu on said property, and will pay .promptly when due any premiums therefor. All insurance shall be carried in companies acceptable to mortgage and the policies and renewals thereof shall be held by mortgagee and have attached thueta loss payable clauses in favor of and in form acceptable to the mortgages. In event of loss, mortgagor will give immediatt notice in writing to mort{;agee, and mortgagee may make proof of toss if not made promptly 6y mortgagor, and each insurance company concerned is hereby authorized and directed to make payment for such toss directly to mortgages instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part [hereof, 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. in evenC of foreclosure of this mortgage, or other transfer of title to said property in extinguishment of the indebtedness secured hereby, a!I right, title, and interest of the mortgagor in and to any insurance policies then in force shalt pass to the purchaser or mortgagee or, at the opria*! of the mortgagee, may be surrendered for a refund. g. To keep alt buildings and other improvements on said property in good repair and condition; to permit, commit, or suffer no wean, 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 [hereon, in goad repair, the mortgagee may make such repairs as in its discretion it may deem ttecessary for the proper preservation thereof; and the full amount of each and every such payment shall 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 ar liens inferior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort- gagor will keep and maintain the same free from the claim of all persons supplying labor or materials for con- struction of any and alt buildings or improvements now being erected or to be erected or. said premises. i. 7o not rent or assign a-.y part of the :eat of said mortgaged property or demolish, or remove, or substantially alter any building without the written consent of the mortgagee. j. Alt awards of damages in cotmection 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 [he mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award, k. The mortgagee shall have the right to inspect the mortgaged premises at any reasonabke time. L To comply with the provisions of any {east if this Mortgage is on a leasehold. if this Mortgage ~~ on a unit in a condominium or a plan~cd unit development, Borrower shall prrform all of Borrower's obligations under the declaration txx covenants creating or governing the condominium or planned unit development,[he by-laws and regulations of the rnndominium or planned unit development, and constituent documents. 2. Default in any o[ [he covenants or conditions of this instrument or of the note or ban ageement secured hereby shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the mortgagee or assigns (it being agreed that the mortgagor shall have such right until default}, t3pon any such default, the titongagee shalt becortie the owner of all of the rents and profits assuring afro default as security for the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such rents and profiu. This instrument shaft operate as an assignment of any rentals on said property to that extent. 3. If the tttortgagar defaults, attd fails to 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 wish it secures, then the entire principal such ate axrttal interest shall at once be~rome due and payable, and draw * per slat (~lo) interest thereafter unril paid at the election of the mortgagce; and this mortgage may thueupon be foreclosed immediately for the whole of the irdebtedness hereby sxured, including the cross of extending the abstract of title from the daitt of this mortgage to the time of commencing such suit. 'Nineteert 1, to the Trent of a forocbstut or default as provided herein, the mortgagee shalt at ottce be entitled to the pas- sessioa, use, ate enjoyment of the rent estate aforesaid and to the rent, issues, royalties, attd profits thereof, from the accruirt; o! such righu artd during tlx pendency of foreclosure proceedings and such possessions, etc., shall at auto be delivered to the mortgage upon request, upon failure. such ddirery of such possessiaa may be enf'orsed by r~tiaice, by any appropriate legal procecdingv, including a receiver far the property. S, Tttt protatds of any sale of said property in accardanrx with the preceding-paragraphs shalt be applied first ro pay th4 t.vasis and tzprnaes of sail! sale, the expetxxs irtcurrcd try the mortgagee for the purport of protecting nr rtsr~i~tlaltts saki property, tcondly, to pay the irtde#rtexlncscr soured hereby: and thirdly, to pay any surplus or c~xecas to the pcrsi+n m ptr9ons legally tsttitks# thereto.