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<br />d. For better security of the indebtedness hcrcby secured, upon the request of the mortgagce, its successors
<br />or assigns, mortgagor shall execute and deliver a supplmtental mortgage or mortgages covering any additions;
<br />improvements, or betterments made to the property hrrcinabove described and all property acquired by it after
<br />the date hereof (all in form satisfactory eo mortgagee). Futhermore, sfiould mortgagor fail to core- any default
<br />in the payment of a prior or inferior encumbrance an the property described by this irtstrument, .mortgagor>tterfi-.
<br />by agtrzs to permit mortgagee to cure such defauh, but tnortgagrts not obligated to do so; and such advattees
<br />sttaU become part of the indtdtiedness secured by this instrument, subject to the same-terms and candi[iotss.
<br />e. 'The righu crested by this conveyance shalt remain in full force and effect during any ptutponemratf.or
<br />extertsion of the eimt of the payment of the indebtedness evidenced by said promissory.-note or notes..or any.
<br />part therutf secured hereby.
<br />f. To continuously maintain harard insurattex, of such type or types and in such atttounts as the mortgagee:
<br />rnsy from tithe to time require on the improvemtxtts now or hereafter on said property, attd will-_pay promptly
<br />when due any premiums therefor. All tnsurancc shall be carries) in companies acceptable to moctgager,and:the
<br />policies and renewals thereof shall be held by mortgagee and have attached thereto loss payable clause$ in-favor
<br />of and in form acceptable to the mortgagee. In event of toss, mortgagor will give immediate notice in writing
<br />to mortgagee, and mortgagee ntay make proof of Pass if na[ made promptly by mortgagor, and each insurance
<br />company concerns is hereby authorized and directed to make paytntxtt for such loss directly to mortgagee
<br />instead of to mortgagor and mortgagce jointly, and the insurance proceeds, or any part thereof, may be applied
<br />repair of the property damaged or destroyed. In event of foreclosure of this mortgages, or other transfer of title
<br />to said property- in extinguishment of the indebtedness soured hereby, all right, title, and interest of the
<br />mortgagor in and so any insurance policies then in force shalt pass to the purchaser or mortgagee or, at tt•+e
<br />option of the mortgagee, may be surrendered far a refund.
<br />g. To keep art buildings and other improvements on said property in good rcrmir and condition; to
<br />permit, commit, or suffer no 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 ereexed on said premises, or
<br />improvements thereon, in good repair, the mortgagex may make such repairs as in its discretion it may dceat
<br />rtceessary for the proper preservation thereof: and the full amount of each and every such payment shall be
<br />imnlediatrty due and payable: and shall be secured by the lein of this mortgage.
<br />h. 7a hat voiuntarilY create nr permit t<; he created agatr.;t the property subtect to this mortgage any lien
<br />or urns mftrior +u the !~^r. of this mortgage without wntten consent oC the mortgagee; and fueher, that mart-
<br />gagar wilt keep and maintain the same free from the Maim of alt persons supplying labor or materials for con-
<br />struttion of any and all buildings or improvements now being erected or to to erected on said premises.
<br />+ Ta not rent ex assign nny Pan nt the rent ceC •-aid martgagett nroperry• nr demolish. ear rcinoa•e, or
<br />substantially after any building without the written consent of the mortgagee.
<br />j. Fs8 swards vC damages in cottttec'tion wtth any cottderttnation for public use of or injury to any of the
<br />property subject to this tt+ortgage art hereby assigned and shall be paid to mortgagee, who [tray apply the same to
<br />payrnettt of the irtstailmtnts test due under said Hatt. and mnrtgagee is hcrcby authorized, in the name of the
<br />ttuxrigagar, to exst~-ute and deliver valid aequittattcxs tttereot aril to appeal from any such award.
<br />k. Tht mortgage shalt have the right m ittspetK the mortgagee! premixs at any reasonable eimt.
<br />t. To comply with the provisions of any lease if this tvtartgage is on a leasehold. If this Mortgage is on a
<br />unit in a condominium ar a planned unit dewetopmrnt, Borrower shall ptrl'orm alt of t3otrower's obligations
<br />ttt>der the dtxlarauon or covenants ~xratiag or governing the cortdomittiuro ar planned unit developmen4the
<br />by-law[ artd rrgu4ttions of the conetominium or plaanrd unit develtrptnent, anti cortstitttem documents.
<br />2. Default in any of the covenants ar conditions of this instrumrnt or of the note or town agerment secured hereby
<br />shaft terminate the mortgagor's right to possession, txse, and cnjeymrn[ of the property, at the option of the
<br />mortgagee or assigns. (it bring agreed that the mortgagor shall have such right until default). Upon any such
<br />default, the rnortgagre sttali becottir the owner of all of the rents ated profsts atxuring afire default as sectuity for
<br />site irttfebtettttess secured hereby, xntit the right to enter upon said property for the purpose of cotkcting such
<br />rents and profits. This instrnasent strait operate as an assignment of any rentals an said property to that exteett_
<br />3. tf ttte mortgagee defauiu. attd folks to make a.°+y ¢aynMnts when due or to conform to and comply with any of
<br />the eanditiotts or ads contained in this ttrortgagc ar the hates wttieh it srtures, then the entire principal
<br />~ and atxrued imerest shaft ai otter became dot atxt payable, and draw ' per ttnt ( i9• aQ/o) interest
<br />tttersafta tiatil pant at the edretion of the mortgagee and this mortgage may thereupon be forcctastd immediately
<br />for the whole trf the ~s hereby secured, including the cost of txtertditig the abstract of tint from the
<br />die of [hits mortgage to the tithe of commencing such suit. +*iineteen Porcent
<br />R. to tAe of a ftsrmlosure ar defstik as providaf htxettt, the mortgat~ shalt at arm be entitled to [he pos-
<br />use, ant! atjoyrtteatt of the real estate aforesaid and to the erne, issues, royalties, and profits thereof,
<br />frota the atxru%ng erf suds ngitts and during the pttmettcy of ftxtxtosure proceedings and such itersscssians, etc.,
<br />:at,once be ~-to tt~ ~~ upon s~uest. upon failure such delivery of, sus~t pos~sion may be
<br />etiibarttpt by ~, by any afotx~t ~ p~~»&s+ Cnelueting a r«uver for the property.
<br />~. pt of tray sat€ of raid property in accardanct with rite prtxxtiittg paragraphs shalt br applied Cirst to
<br />pity the txetr>4 end e> of Mitt sale,. that expeacas itttattred by tbe mortgagee far tilt ptupast of protecting ar
<br />-ptopertyy, setCtlnefly+ to pay-tlte ~ secxered t~tetry; acrd thirdly. to psy any surplus yr
<br />attcx~ Let aht person tar pers+am ~ ratitted lumdo.
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