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<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 hereinabnve described and ail property acquired by it after
<br />the date htteof (ail in form satisfactory to mortgagee). Futhttmore, should mortgagor fail to cure any default
<br />in the payment of a prior or inferior encumbrance on the property described by 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 />shalt become par[ of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />e. The rights created by this conveyance shall remain in full force and effect during any postponement or
<br />extension of the tune of the payment of the indebtedness evidenced by said promissory note or notes, or any
<br />part thereof secttred hereby.
<br />f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee
<br />may from time to time require on the improvements now or hereafter on said property, and wifl pay promptly
<br />when due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and renewals thereof shalt 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 will 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 directed to make payment for such loss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied
<br />by martgagec at its option either to the reduction of the indebtedness hereby secured or to the restoration or
<br />repair of the property damaged or destroyed, In event of forecloser,• of this mortgage, or other transfer of title
<br />to said property in extinguishment of [he indebtedness secured hereby, alt right, title, and interest of the
<br />mortgagor in and to any insurance policies then in force shall rase to the purchaser or mortgagee or, at the
<br />option of the mortgagee, may be surrendered for a refund.
<br />g. To keep all buildings and other improvements on said property in good repair and condition- to
<br />permit, commit, or suffer no wasee, impairment, deterioration of said property or any part thereof; in the event
<br />of failure of the mortgagor [o 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 paym~nY 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 be created against the property subject to this mortgage any lien
<br />or liens inferior [a the lien of this mortgage without written consent of the mortgagee; and father, that mort-
<br />gagor will keep and maintain the same Free from the c{aim of all persons supplying labor or materials for con-
<br />struction of any and all buildings or improvements now being erected or to be erected an said premises.
<br />i. To not rem or assign any dart of the rent of aid mortgaged propttty or demolish, or remove, or
<br />substantially niter any building without the written consent of the mortgagee.
<br />j. All awards of damages in connection with any condemnation for public use of or injury to any of the
<br />property subje+:t to this mortgage are hereby assigned and shall be paid to mortgagee, who may apply the same to
<br />payment of the installments last 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 from any such award.
<br />k. The mortgagee shall have tbe right to inspect the mortgaged premises at any reasonable time.
<br />1. Ta comply with the provisions of any {ease if this Mortgage is on a leasehold. If this Mortgage is on a
<br />unit in a condominium or a planned unit development, Borrower shall perform all ~f Borrower's obligations
<br />under [he declaration or covenants creating ar governing the condominium or planned unit development,the
<br />by-laws and regulations of the condominium or planned unit development, and constituent documents.
<br />:. lkfault in anp of the covenants or conditions of this instrument or of the note or loan ageement secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjoymem of the properly, at the option of the
<br />mortgage or assigns (it being agreed [hat rte ma~tgagar shall have such right until default). Upon any sut:h
<br />default, the mortgagee shall become the owner of all of the rents and profits securing after default as security for
<br />the indebtedness secured lureby, with the right to enter upon said property for the purpose of collecting such
<br />rents and profits. This instrument shall operate as an assignment of any rentals on said property ro that extent.
<br />3. if flu mortgagor defaults, and fails to make any payments when due or to eanfvrm to and comply wish any of
<br />the cotditions or agreements contained in this mortgage or the notes which it secures, then the entire principat
<br />sum scut accrued intttest shall at once became c;ue and payable, and draw ' ~r cent { 19. D%) interest
<br />thtteafttt until paid at the election of the mortgagee; and this mortgage m:.y thereupon be foreclosed immediately
<br />tot the whole` of the indebtedness hereby secured, ircluding the cost of extending the abstract of title from the
<br />daft of this mortgage to the time of commencing such suit. " nineteen
<br />4, In the event of a teareclosute ar default as providexl herein, the mortgagee shall at otx:e be entitled to the pos-
<br />session; use, anti enjoyment of flu real estate aftsresaid and to [he rant, issues, rotialties, and prol7ts thereof,
<br />fret the accruing of xuCh rights acrd during the pendency' of forxlosure prtxtcdings and xuch pas<sessions, etc.,
<br />shalt at once t[c d~ivered to the tttttrtgagrx opal[ request, upon failure such delivery :sf snt:h ps'ssessian may be
<br />esfan.~d by mott$alles, by any approp:iue legal proceedings, including a receiver for the prop€rty.
<br />S. Tte prtxtxds of any sale of said property in ac~ordanct with the preceding paragraphs shall be applied tiro to
<br />pay the Cysts atul eatpeases of said sale, the expertcxs in~~ttrred by the mrutgagee for the purpose ai protecting ar
<br />tttainttiuitryt said ptnperty, ~a~ndiy, to pay the indebtexlness secured hcrclty; and th[rdly, to pay arty surplus sir
<br />ruass to the perstrn sx persarts legally entitk+d ttterceo_
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