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r ~~---x~~~:~~~s d. Pot betttt security of [he indebtedness hereby secured, upon the request of the mortgagee, its successors or aasigrts, mortgagor shalt execute and deliver a supplemental mortgage or mortgages covering any additions, improvements, er betterments made [o the property hereinalsove described and all property acquired by it after the date hereof {al! in form satisfactory to mortgagce}. i:uthermore, should mortgagor fait to cure any default in the payment of a prior or inferior encumbrance on the property de,cribed by this instrument, mortgagor here- by- agrees to permit mortgages to curt such default, but mortgagce is no[ obligated to do so; and such advances shalt game part of the indebtedness secured by this instnment, subject to the same terms and conditions. e. Tht rights created by this conveyance shall remain in full force and effect during any postponement or exteasion of [he time of the payment of the indebtedness evidettc~ by said promissory note or notes, or any part thereof secured hereby. f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagce trtay from tune to time require on the "smprovements now or hereafter on said property, and will pay promptly when due arty premiums therefor. Alf insurance shall be carried in companies acceptable to mortgagee and the policies and renewals thereof shaft be held by mottgaget and have attached thereto loss payable clauses in favor of and in form acceptable to [he mortgagee. fn event of loss, mortgagor will give immediate notice in writing to mortgagee, and mortgagee may make proof of loss if not made prnmptly by mortgagor, and each insurance camparry cottce:rned is hereby authorized and directed to make payment for such toss directly to mortgagee instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or iepati o~ property t~magea br 3esttoyed. !n event of forectosurt of this mortgage, or oche transfer of Title to-said property in extinguishment of the indebtedness secured hereby, al! right, title, and interest of the mortgagor in and to any insurance policies then in farce shall pass to the purchaser or mortgagee or, at the option of the mortgagce, may be surrendered far a refund. g. To keep at! buildings and other Improvements on said property in good repair and condition; to permit, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the event of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem necessary for the proper preservation thereof; and the full amount of each and every such payment shall be immediately due and payable; and shall be secured by the Lein of this mortgage. h. To not roluntariiy create or permit to tx created against the property subject to this mortgage any lien or Bests inferior to the lilt. of this mortgage without written consent of the mortgagee; and father, that mott- gagor will keep and maintain the same free from the Llaim of elf persons supplying labor or materials for con- struction of any artd all buildings or improvements now being erected or to be erected on said premises. i. To not rent or assign any part of the rent of said mortgaged property or demolish, or remove, or substantially alter any budding without the written i'ott5ent of the mortgage. j. A!3 awards of damages in connection with any condemrtatiott for public use of or injury to any of the property subject to this mortgage are hereby assigned and shall be paid [o mortgagce, who may apply the Sarre to payment of the instaflsmnts tas4 due undrr said note, and mortgagee is hereby authorized, in the name of the mortgagor, to execute atul deliver valid actluittances thereof and w appeal from any such award. k. The rttortgagee shalt have the right to inspect the mortgaged premises at any reasottabie time. 1. To comply with the provisions of any (ease if this Mortgage is on a leasehold. !f this Mortgage is on a unit in a condominium or a planned unit development, l3orrawtr shall perform al! of Borrower's obligations ut the. declaration or covenants creating or governing the condo»rinium or planned unit development,the try-taws and regulations of the cwtdominium or planned unit development, and constituent documents. 2. f)efault in any of the covenants or conditions of this instnttrtent or of the note or loan ageetnent secured hereby shalt terminate [hc ntartgsgor's right to possasiatt, use, and enjoytntnt of the property, at the option of the tnortgaga or assigns tit being agreed that the mortgagor shat! have such right until default). Upon any such defauh, the mortgttgce shall become the owner o€ all of the rents and proltu accuring alter default as security for ttte indebtedness secured hereby, with the right to enter upon said property for the purpose of collecting such rents attd profits. This instrument shall operau as an assignment of any rentals on said property to that extent. 3. if tlea mortgagor defaults, and fails to make any payments when due or to conform to and comply with any of the tatxlitittttg ar agrcrments contained in ibis mortgage or the notes which it secures, then the entire principal sewn and msrccrrued interest shall at once become dtre and payable, and draw * pet cent ( * ab) interest iherex€ter until paid at the elation of the mortgagee; and this mortgage may thereupon be foreclosed immediately fm the wank of the inde6aedttess hereby secured, including the cost of extending the abstract of title from the date of this mortgage to the tune of commencing such suit. 'Interest rate to ;:coat tnonthiy 1/2E above C.tt,B, Base Rate 4. !H the event of a foraJotttue to default as provedod herein, the mortgagee shall at ono be entitled to the pas- sdtsion„ ~, and enjstymrnt a£ the rraf estate aforesaid a>ui to the rent, issues, royalties, and profits tltereaf, fttznt tfit accruing of stub rigitcs atsf during the. pendency of foreslosttte proceedings and sash possessions, : tc.. shill ai oggae be dtliceta+tt to the mrxtgagce upon request, upon failure such delivery of such possession may be eafareet! hY tttactga~e, by $ay appropriate legal proceedings, including a rxtiver for the property. t. Tex prtx~s of any sale of said property in acvordaact witlt the prtstdirtg p~aragraplss shall be applied last to pAy tlrr costa and erpensas of eels! sale, iht cxpcnces itscurrad trY the tnartgaget far the purpose of protecting or raf;iiaRSUlntttg, sxitl zrropettY, sstc•~Sly, to ,pay the itis)etttedrttss strxtred hereby; and thirdly, to pay any surplus or excetts to the pprtton m pcrtttuss legally entitled tttetcta.