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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 supptemrntal mortgage or mortgages covering any additions,
<br />impravemmis, or beterenenu made to the property hereinabove described and aU property acquired by it after
<br />the dart hereof (ail in fora[ satisfactory to mortgagee). Futhetmore, should mortgagor fait to-cure any default
<br />(~ in the payment of a prior or inferior encumbrance on the property described by this instrument, mortgagor herb
<br />! ~ by agrees to permit mortgages to cure such dtfault, but mortgagee is not obligated to do so; and such advances
<br />~shatl become part of the indebtedness secured by this instrurttrnt, subjeef to Eht same terms and wndttiotts: -
<br />e. Tile rights created by this eanveyance shah remora in full fortx and effect during any postponement or
<br />extension of the time of the payment of the indebtedness evidrnad by said promissory note or [totes, or arty
<br />'~ part Ehettof secuttd hereby.
<br />f. To continuously maintain hazard insurance, of such type or-types and im such atttotmts as the nra~ga
<br />~ may from time Eo dint require on the improvemrnts now or hereafter an said property, and will.paY promptly
<br />when due any premiums therefor. AII insurance shall be carried in companies acceptable- to mortgagee and the
<br />policits and retlewals thereof shall be hdd by mortgagce and have attached thereto toss payable clauses in-favor
<br />of and in form acaptable to the mortgagce. In went of loss, mortgagor wilt give immediate notice in writing
<br />' to mortgagee, and mortgagce may make proof of loss if not made promptly by mortgagor, and each insurance
<br />company cottttrned is hereby authorized and, directed to make paymrnt-for such loss directly to mortgagx
<br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds. or any part thereof, may be applied
<br />~.ew.. < ,n.ei nr to the rGttaratlan err
<br />by mortgagee at tts op[ron n c rv ,',~ . ',,..,' .,` .: ~ ;-~_L._~_-- __ r ,
<br />repair of the property damaged or destroyed. in event of foreefostrce of this mortgage, or other transfer of title
<br />to said property in extinguishmrnt of the indebtedness secured hereby, all right, title, and interest of the
<br />mortgagor in and to any insurartcr politics then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee, may he surrrndered for a refund.
<br />g, To keep aU buildings and other improvemrnts on said property in good repair and condition; to
<br />permit,'cammit, or suffer na waste, impairmrnt, daerioration of said property or ary part thtxeof; in the event
<br />of fai}urc of the mortgagor [o keep the buildings on said premises and [host etxcted on said premises, or
<br />improvements thereon, in good repair, [he mortgagee may make such repairs as in iu discretion it tray darn
<br />tttcessary for the proper preservation thereof: and the full amount of each and every such paymtnt shalt be
<br />imttxdiatety due and payable; and shad be soured by the Lein of this mortgage.
<br />h, To not voluntarily errors or permit to he created against the property subject to this mortgage any lien
<br />or litres inferior to the lien of this mortgage without wntien consent of the mortgagee: and father, that mort-
<br />• gagor will keep ono maintain the same free from the claim of ail persons supplying tabor or materials for con-
<br />- structian of any and alt buildings or improvrntents now being trccted or ro be erected on said premises.
<br />i, To not :ent or assign any part ~f the rent of card rrrort3a~ed ,roper"[~ ~r demolish, or remove, or
<br />substantially alter anv building without the wriucn consent of the mortgagce.
<br />j..All awards of damagrs in connsetton wtth any condemnation for public use of or injury to any of the
<br />property subject to this nwrtgage are hereby assigned attd shall be paid to mort~er: who [nay apply the saint to
<br />payttunt of the installments test due under said note, and mortgagce isE f om any such award, the name of the
<br />mor[$agnr, to execute and deliver valid acquittantxs thtrea€ and to appea
<br />k. The mortgage[ shall haver the right to inspect the mortgaged prctnises at any reasonable time
<br />t. To comply with the provisions of any lease ii this Mortgage is on a leasehold. if this Mortgage is on a
<br />unit in a condominium or a planned unit development, Borrower shad pr_rform ail of Borrower's obligations
<br />under the declaration o'r covenants creating or governing the condominium or planned unit developttxttt,the
<br />by-laws and regulations of the condominium or planned anti development, arm constituent documents.
<br />2. Default in any of the covenants or conditions of this in=tfvtrrcnt or oC tht note or loan agetment secured hereby
<br />shalt terminate the mortgagor's right to possession, use, and rnjoytnettt of the property, at the option of the
<br />~q~gce or assigns tit being, agreed that the mortgagor shalt have such right until dtfault). Upon any such
<br />dtfault, the mortgrtgce shat} bstiome the owner of ail of the rents acrd profits securing after def oftco@ectlng such
<br />ttte ittdebtedntss secured hereby, with [he right [o enter upon said property for the purpose
<br />rears a~ profits. This itsstruntent shat! operate as an assignment of any rentals an said RroptriY to that extrnt.
<br />3. If the mongagor defauhs, and fails to make any payments when due or to conform to and comply with any of
<br />the conditions m agreemrnts ~ronrained in this mortgage or the notes which h secures, then the rntire principal
<br />stem sad acrruetl interest shall at once become due and payable. and draw " per ern[ (1~.~-.Q ~+) interest
<br />thereafter until paid at'the etestian of the mortgagee; and this mortgage may thereupon be foreclosed itnatediatdy
<br />fa the whale of the indebtedness hereby secured= including the cost of extending the abstract of tint from the
<br />dart of this tnartgage to the tirnr o6 commettcissg such cuts. *Ni,nateen Percent
<br />4. to the tutor at a fateci~utt err default as pravttled basal, the mortga$tt shall at once be rntitkd to the pos-
<br />si~asiat4. trove, amt cajoymant of the real estate aforesaid and to the rent. issues, rayaltics, and profits tttncof,
<br />fr+tan eke aca.ruin$ of st~h rights and during the petxirncy of forrctosute proctedittgs and such possessions, etc.,
<br />shads at acct. be ddsvcr+dd to the mgoe upon teques4 upon failure such delivery of such passtssion may tre
<br />entaraetl b`t ~, by any appropriate ie»gal proceedings, including x reecivtr for the property.
<br />~. The praceetli of arty sate of said ptrapttty in at:crxdaacr with the preceding paragraphs shall be applied first to
<br />WY t!K Cagb #>id-trepcttti~ of said sale, the expanses iittatrrtci by the morgagex for tttc propose of prottctir[$ or
<br />tna;fit std property, sly. €tr pay tltt i~ r~- be'tt'y; attd thirdfy, to pay auy surplus or
<br />e>4stss ttt titre ptissra or petttorix FcgattY etttit~ it€trtta.
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