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<br />d. E`or better sez~ritty of tots n~ fte€s~{ serurtsl. open t'fts resFuurst of cht tnortgag~. its succ:~Css~orq,
<br />or . ncottctr slnttR exeststr atsd deliver a suppienxntal mortgage ar irttcrrtt~agss covering any addiirioms.
<br />irtt~ravetoertts, or bettermetds rtrade to the property hereittabove des;ribed and al# property acquired tsy i5 after
<br />the date htreof tail in fottn smisfactory uu rtttxt~gce}. Futhsrmr~re. shost~ m~r_gagor fail to rare any default
<br />at the payrttttit of s pstor ar its on the property described €S!r this instritnutnt, mortgagor ltcrt-
<br />by agrtxs to perrnit ttNk4grAger to curt each defatt't, bm taartgages i; nrst trbligatsd to do so; and curb advances
<br />s# become tart of the ~ centred by t!t> instrtrtnsrrt, subint to stx sartte terms and conditic~rts.
<br />e. 79ne ruts ttrstscf by this cotweyance shall remain in full force acrd effect during any postponement or
<br />rtrtensiatt of the time of the payment of the inde3sttdrsess evidertted by said promissorf rmtc or notes, or any
<br />pmt thereof securrett hereby.
<br />f. ?o continetotuity tttgintaitc hazard insurancx, of such type or types arcd in such attmttnts as the mortgagee
<br />~y franc riots to tittx require cut the improvements tutor or hereafter on said prapertp, and wilt pay promptly
<br />crfsrn due arty pretttiums therefor. All insurance shall be carried in cexcspanies acc:cptabfe to mortgagee and the
<br />policams acut reneerafs thereof Shall be held by mortgagee and have attached thtteto loss payable clauses ire favor
<br />of and in form acceptahte to zhe mortgagee. to event of loss, mortgagor wtiU give immediate notice in writing
<br />to rt~tartpgee, and mortgat;eeu may mane proof of loss if not made promptly by mortgagor, and each insurance
<br />cornCiany concerned is hereby authorized and directed to makr payment for such Toss directly to mortgagee
<br />instead of to mortgago- and mortgagee jointly, and the irisuranoe proceais, or any part thereof, may t±e applied
<br />fry mortgagee at its option either to the reduction of the indebtedness hereby secured or to tht restoration or
<br />eepair of the property damaged ttr destroyed. Ia event a€ foreclosure of thi; mortgage, or other transfer of title
<br />to said property in ettictgttishtnent of the ittdsbtedttess secured hereby, all right~ tins, and itttsttst of the
<br />mortgagor in attd to any insurancr policies then in force shall pass to the purchaser or mortgaget or, at the
<br />optitut of the mortgagee, may be surrendered for a refund.
<br />g. To kip ail buiidinEs and ocher improvements on said property in good repair and coaditioa; to
<br />ptrt~t, ctsrtttnif, ~ suffer no wa$ta, impairment, deterioration of said property or am par[ thereof; in thr event
<br />of faihm o€ the tttortg_ Igor zo keep the btnklirtgs on said aremises and thox ereccsd on said premises. or
<br />itnprovsatems tltlremt. in good repair. the mortgages may make such rt~irs as in its discretion iz may deem
<br />necessary far the proper prexrvation themtf; anti the tuq amount of each and every such payment shall be
<br />irtrraedfa[slp dos and payable: and shaft br sccitrsd by the tern of this mortgage.
<br />h. To nox wlumanty acatc car permu to rte created against the property subja~t to this mortgaltc any lien
<br />~ liens inferirx to the lien of this mortgage without wniterl consent of the mortgagee: and Father, that mort-
<br />gagor will keep atxf tmttmain [he same free from the efaim of all persons supplyintt labor rx materials for con-
<br />struction of any amt all txuildings ar improvetmtits tttrw heittg erected or to be erected on said prcmtses.
<br />i. To not rent ur assign any part ut the rent of said mortgaged pt utsrrty art t7rmutuA, err rcmovr, .:ar
<br />subxtarttisUy niter any txcilding without the writtrn wnscnt of the mortgagee.
<br />j.:'4il awards of ~ to conrtaxion with any cottdsmnacion for public ux of or :nlury to any of the
<br />prop~y sitbjsGt eo this t~gr ate hs=rcby as~i8 and s~sll bt? preiaf eo rnQrt#as~. wno uruy apply e~ to
<br />prtt of the ins~allrasnts last nitre utter seal tt~e, attd tuoftgsge+r is nerdy atrthorisul, in the ruutte of tits
<br />tatsrtgaggx, tct G!e{'Ute aacl delt4er valid $iyuttF$ncY~ tittre{Sf and Co 3ppeaf frt~ attY gSi41t altiird,
<br />k. 'I'lls ~ shaft halve th+< riglti to ittvipe~-t the ntoetgaagsti prsntiss at any r~ ~:.
<br />+- Tt`i ~g n. -.s ~ ~ `}?t:Y-~`sxin -'s` yea '~ .uii ~Zr3rt~,-i~,r Ss L'u ~ !c~`uc~`aViu. ` rxib'za =,~ni``~tj~€ f* r~i e'e
<br />it7~T- iu a s~inititn or a fsfsrsrt~ atilt iev=rtterit, fh~,rrower chrft perfarin ail ~t r.~vcr'. i>f:i~ttv~.s
<br />uAder. the lleClitrattctrt or cot'Nl11n{s creating or gotisrntng tits condotttinium trr pfspnai unit deveiapment,thc
<br />by-fates std r~uiatiotts of the aartdtxttinium or planned unit developrnent, and waatittttnt dtxurrtsrtts,
<br />2. C?eFauh in any of the .wvenants or cotxiititxts of this instrument or of the note or loan agesnteat secured hereby
<br />shrill terminate the nwrtgsgoc's right to pion, use, and eryoyment of the property, at the option of the
<br />ttattrtt. a[ assigns slit being agrsod that the mortgagor shaft have such right until default). Upon any such
<br />default, the trtartgaga shall btxrntK the owner of elf of the rents and profits actairing after defsult as sewrtty for
<br />the ittdelxednesa secured hereby, with €he right to enter upon said property for the purpose of cctfletitittg such
<br />ruts and pec'~#Its, This insirutitetlt shell op~tite as art assigrttttsrit of any rentals an said prrrpErty to that stttant.
<br />3. If the ttwrtgagor tfefsufis, aad fails to mats auy psyrsients when due or co coniarm to and cotrtply wuh any of
<br />t#e ctx~#ifir~s or agr~eats contained in this tstortgage or the notes which it secures, then the entire principal
<br />sn~ attd and ittt~+est shall at oat:t b~oatt dire amt payable, acrd draw _- ' .per cent { 29.5 fit) interest
<br />des uHtitpaid at the tfatiipo of the mortgage and this mortgage may thereupon be fnrstlosed ircurtetiiwtely
<br />€t3t tie tth~le of the it~neta hsnebr see-used, irtctudit~ the cast ttf etttsitdittg the ai>_wact of title Pram the
<br />dt~ of th~~ to the titres of estnsnsrtcir~ such suit- *~irt,at~t;a, and ~r€e-ital.f
<br />#, Jie~ tl~e +sK~t #f a far+acl~trc of dt~tutla as provided her tht tnortg~ shat! ai sine be entitled to the pos-
<br />toe, awl st~oynietu of the real scats aforesaid and try the rent, issues. royalties, atttl luuofits thereof,
<br />fry the atxrtd~t of sw:h rights soil during the petidsucy of fnrscfcuitre prcx;eaiittgs and sut.'h pstsscssions, rte.,
<br />ai otts~ ttc d~-~red to the rrtortgagsn u~tittt raqust, upon faduurr such delivery of sucft pStsss~+icrt roar tx
<br />epf~ce~ by httitt#sigee, by aoy ap~ra#nrt~e ~ prorocdigYa. including Y aereivsr for ttte propctt>.
<br />S. The l~ of any ttf said property in acacttdsncc with the prixxdia~ paratarspfts shall be apta3isd tits[ to
<br />#I'ttt ~ ~ of ss3t the espsns~rrt'ttrred by t3se mtxtttag~ ftx the purpose aF preatcctrng ear
<br />pray, ~, tit pay the irts9 iseretty. end thirdly, :o trill any aurplus nr
<br />cotes to tAe ~ a partuixs leg~ly txNatltd thertgea.
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