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$1- 00319
<br />d. Fw better security of the indebtedness hereby secured, upon the rsquat of the mortgagee, its successors
<br />or assigns, mortgagor shat) execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvtmrettts, w bettermem[s made tv the property hercinatrove described and all property acquired by it after
<br />the date hereof (ail in form satisfactory to mortgagax). Futttermore, should mortgagor fail to curs any default
<br />in the payment of a prior or inferior eneutribrance on the property described by this irtstrumrnt, mortgagor hero-
<br />by agrees to permit mortgage to cure such default, but mortgagce is nva obligated to do so; and such ulvances
<br />shaft become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />c. The rights created- by this conveyance shaft amain in full force and effect during any pos[ponettrrnt or
<br />cztertaion of the time of the paymrnt of the indebtedtess evidenced by said promissory Hots oc notes, w any
<br />part tftereof secured hereby.
<br />f. To continuously maintain hazard insurance, of such type ar types and in such atrtounu as the mortgage
<br />may from tune [o time require on the improvements now or hereaher on said property, and wilt pay promptly
<br />when due any premiums ttterefw_ At3 insurance shat( be carried in companies acceptable to mortgagtx and the
<br />potitaes and renewals thereof shalt be held by mortgagee and have attached thereto toss payable chateses in favor
<br />of and in form acceptable to the mortgagee. In rvtnt of loss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee may make proof of foss if not made promptly by mortgagor, and each insurance
<br />cgmpany concerned is hereby authorized and directed to make payment for such foss directly to mortgagee
<br />3rtstead of to mortgagor and mott$agce jointly, and the insurance proceeds, or any part tfitreof, may be applied
<br />try mortgagee at its option either to the reduction of the indebtedness hereby stxurrd or to the restoration or
<br />repair of the property damaged or destroyed. In event of foreclosure of this mortgage, or other transfer of title
<br />to said property in eatin$uishment of the indebtedness secured hereby, all right, rifle, and interest of the
<br />mortgagor in and to any insurance politics then in facer shall pass to the porehastt or mortgagex or, at the
<br />olxion of the mongagx, may be surrendered for a refund.
<br />g_ To kelp alt buildings and other improvettteau an said property in good repair and condition; to
<br />permi4 comtnQt, or suffer no waste, impairtncnt, dtterioration of said property or any part thereof; in the evrnt
<br />of failure of the mortgagor to keep the buildings on said premiers and thaw eructed on said preaisess, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may dxm
<br />ttecessary for the proper preservation thereat; and the full amount of each and every such payment shall be
<br />immediately due and payable; and shat! be secured by the Lein of this mortgage.
<br />h. "To tort s~otuntarily create or permit to ere created afainst the property subject to this mortgage any lien
<br />err llens inferior to the lien of this motxgage without written consrat of the mortgagee: and futher, that mort-
<br />gagor will keep and trtatntain the same free t'rom the claim of all persons supplying tabor err materials for con-
<br />struction of any and all butldmgs or improvements now bang erected or to ix erected nn said premises.
<br />i. Ta not rent err assign any parr of the rent of said mu~sagect property or dc.natish, or remove, or
<br />substantially alter any builditeg without the writtrn consent of the mortgagee.
<br />j. RU awards of damages in connection with any condemnation Cor public use of ar injury to any of the
<br />property subject to this tnoregaae are hereby assigned and shall tx paid to rrrortgagee, who tttay apply the same to
<br />payment of the insiallmems Fast due umfrr said Wort, acrd morxgagee rs hereby authorized, in the name of the
<br />mortgagor, to execute atxf deliver valid acquittances thereof amt to appeal from any such award.
<br />k, 7'Frc mortgagee shall have the right to inspect the mortgaged premises at any reasonable time.
<br />1. Ta comply with the provisions of any ie~se if this Mortgage is on a leasthoW. if this Mortgage is cn a
<br />unit to a condominium or a planned unit drieiopment, Borrowtt shall perform all of Borrower's obligations
<br />ttadtr the: declaration or co+xrtauts ctmting or govrrtvng the ~ortdominium or planned tenit dsvrioprttent.the
<br />by-Uwe and regulatioro of the eondontinium or ptarirred unit dsvefopment, and consti[uenc documents.
<br />2. f)sfarttt in any of the covenants or conditions of this instrument or of the note or loan ageemrnt secured hereby
<br />stedf trrmitutte the mortgagor's right to possession, use, awl enjoyment of the property, at the option of the
<br />~ or ttssigr~ frt btdng agreed that the mortgagor shad have such right until default}. Upon any such
<br />default, ttx ttt4rtga$te shall become the owner of all of the rents and profits accuring after default as security for
<br />file iredrbted~ss secured hereby, with the right to entry upon said property for the purpose of colkctiog such
<br />rrnts and profit>. This itratruttaent shaft operate as an assignment of any rentals on said property to that extent.
<br />3. ff the mortgagor defautta„ attd feels to trmlte any paytnenu whin due or to conform to and catnpiy with any of
<br />the aoadittatts of agregstereta containat in this newtgage w the Hates which it secures, then the entire principal
<br />ann gad tip ittterrst shaft ai otter become due awl payable, arm draw ~ per cent (1~,s,4_°Tiy inisrest
<br />tlsergtiter uuMil paid at the election of flee ntortgager; and tfett mortgage may thereupon be forcdosed immediately
<br />for the wf#ile of the indebtednss hereby secured, including the cost of eattraling the abstract of title from the
<br />dt~e of €t[es rrsa:te to the tithe ~' Ong suet[ suit. *ISSset:arn Pat:esnt
<br />i. ttgt, (let Eveaf of a fa[tdoattts or d~auit as prov~ni ktasin, ter mortgagee shall err. oasx be entitlal ro the pos-
<br />stttattcvaa, efts, gad enjoyment of the. rent cents aforesaid and to the rent, issues, royalCtes, and profits thereof.
<br />froru the atcntjrtg of suclt rerfhts attd dttxi~ tfu pen~ticy of foreclosure proceedings oral such poxsessians, etc.,
<br />t>strif at ~e de~ertd to the taortgagse upon rerpus4 upon faiturc seich delivuy of siicli txassession ntay be
<br />sAor~eDd try ~. by any appttrptriaut ~ lxot're+dip$s. including a receiver for the propetty-
<br />S. Th!e ptttcoetl>z of-gay sale of saki property in aeewdarwr whh the pt~:cdina paragraphs shal3 be applied first to
<br />pay ttte-scisas attd exptxi~p of sahl oak, the sapcttcrnt ittcsucrsd by the ntwtgagnr for (fie pur~isr of r~roteeting or
<br />sahl Pi`t'tY. may. to pay,thc i ~taited f~reby: and thirdly. to bay any surplus or
<br />eatc5krs is ills petta~rot pttracattr t+aggBy eutitlett tlt+trsto,
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