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$3.-r)027~~
<br />d. For better security of the indebtedness hereby secured, upon the request of the mortgagee, its successors
<br />or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and all property acquired by it after
<br />the date hereof (all in form satisfactory to mortgagee). Futhermore, should mortgagor fail to cure any default
<br />in the payment of a prior or inferior encumbrance on the property described Er. this instrument, mortgagor hero-
<br />by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; 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 this conveyance shatl remain in full force and effect during any postponement ar
<br />extension of the time of the payment of the indebtedness evidrnced by said promissory note or notes; or any
<br />part thereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type or types and in such amoun+s as the mortgagee
<br />may from time to time require on the improvements now or hereafter on said property,-and Wit! pay promptly
<br />when due any premiums therefor. All insurance shall be carcied in companies acceptable to mortgagee and the
<br />policies and renewals [hereof shall be held by mortgagee and have attached thereto loss payable clauses in favor
<br />of and in form acceptable to the mortgagee. In event of loss, mortgagor wilt give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and,diretxcd [o make payment for such loss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance prace~s, or any part 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 the property damaged ar destroyed. In event of foreclosure of this mortgage, 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 and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. To keep ail buildings and other improvements on said property in good repair and condition; to
<br />permit, commit, or suffer na waste, impairment, deterioration of said property or any part thereof; in the event
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises; or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary for the proper preservation thereof; and the full amount of each and every such payment shall be
<br />immediately due and payable; and shall be secured by the Iein of this mortgage.
<br />h. To not voluntarily create or permit to he created against the property subject to this mortgage any lien
<br />or lions inferior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort-
<br />gagor wilt keep and raintain the same free from the claim of all persons supplying tabor or materials for con-
<br />struction of any and ail huildings or improvements now being erected or to be erected on said premises.
<br />i. Tv not rem or assign any part of the rent vt said mortgaged property or demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
<br />j. Atl awards of da.nages En connection with any ~ondemnauon lvr public use of or injury to any of the
<br />property subject to this mortgage are hereby assigned and shalt be paid to mortgagee, who may apply the same to
<br />payment of the installments fast due under said note, and mortgagee is hereby authorized, in the name of the
<br />mortgagor, to execute and deliver valid acquittances thereof and to appeal frvm any such award.
<br />k, The mortgagee shall have [he right to inspect the mortgaged premises at any reasonable time.
<br />t. To cvmply with the provisions of any lease if this bfortgage is on a leasehold. If this Mortgage is on a
<br />unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations
<br />under the declaration or covenants creating or governing the condominium or planned unit development,the
<br />by-laws and regulations of the condominium or planned unit dcvdopmm~t, and constituen[ documents.
<br />2. Default in any of the covenants or conditions of this instrument or of the Wore or loan ageement secured hereby
<br />shalt terminate the mortgagor's righ[ to possession, use, and enjoyment of the properly, at the option of the
<br />mortgagee or assigns (it being agreed that the morzgagor shall have such right until default). Upon any such
<br />defauk, the mortgagee shalt become the owner of alt of the rents and profits accrring after default as security for
<br />the indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such
<br />rents and profits. This instrumem shalt operate as an assignmen[ of any rentals on said property to that extent.
<br />3. if the mortgagor defaults, and fails to make an} payments when due or to conform to and comply with any of
<br />the conditions ar agreements contained in this mortgage or the notes which it secures, then the entire principa}
<br />sum and accrued interest shalt at once become due and payable, and draw * per cent (i~.0 %} interest
<br />thereafter until paid at the election of the mortgagee; and this mortgage may thereupon be foreclosed immediately
<br />for the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the
<br />date of this mortgage to the time of come=encing such suit. * :aineteert
<br />4. In the event of a foreclosure or default as provided herein, the mortgagee shat( at ont:e be entitled to the pos-
<br />session, use, and enjoyment of the real estate aforesaid and to the rent, issues, royalties, and profits thenot,
<br />from the accruing of such rights and during the pendency of foreclosure pea eedings and such possrxsinns, etc„
<br />shalt at once be delivered to the mortgagee upon request, upon failure such delivery of such fxassession may be
<br />enforced by mortgagee, by any appropriate legal proceedings, including a receiver for the property.
<br />S, The proceeds of any safe of said property in accordance with the prcc~ding paragraphs shalt be applted lust w
<br />~y tfx cows and expenses of said sale, the expenses incurred by the mortgagee for the purpose of protcitittg ar
<br />maintaining said property, secondly, to pay she indebtedness secured hereby; and thitdir, tv pay any suepius yr
<br />excess to rtte txFrson air pcrsonz legally entitlcxl thereto,
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