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$I~~1U~315 d. For better stcttrity of the indebtedness hereby securtd, epon tht regtttst of the mo*tgagce, its successors or assigns, mortgagor shall execute and deliver a supplemrntal mortgagt or mortgages covering any additions, impravcmems, or bettttmcrrts made to the property htteittabave dcscri'tied and all property acquired by it after the dolt htteaf (a!! in form satisfactory to mottgagee). Futhtrmore, should mortgagor fail to cure any dtfauit in the paymtnt of a prior or inferior encumbrance on the property described by this instrument, mortgagor htte- by agrees to permit mortgaget to cure such default, but mortgagee is hat obligated to do so; and such advances shall become part of the indebtedness secured by thistnstrurtttn*_, subject to the same terms and conditions. e. The tights created by this conveyance shall remain in full force and effect during any postponement or txtettsion of the titm of the paymtnt of the indebtedness evidenced by said promissory note or notes, or any part thereof secured hereby. f. To continuously maintain hazard insurance, of such type ar types and in such amounts as the mortgagee may from tithe to time regyire on the improvements now or htteafttt on said property, and will pay promptly when due any premiums therefor. All insurance shall be carried ir. companies acceptable to mortgagee and the policies and renewals thereof shall be head by mortgagee and have attached thereto loss payable clauses in favor of and in form acceptable to the mortgagce. In event of loss, mortgagor will give immediate notice in writing to mortgaget, and mortgagee may make proof of loss if not made promptly by mortgagor, and each insuratcec company concerned 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 eithtt to the reduction of the indebtedness hereby secured or to the restoration or repair of the property damaged or destroyed. In event of foreclosure~of this mortgage, or other transfer of title to said property in extinguishment of tht indebtedness secured hereby, all rght, title, and intent of the mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the option of the mortgagee, may be surcendered for a refund. g. To keep all 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 faiiure of the mortgagor to kelp the buildings on said premises and those erected on said premises, or improvements thtteon, in good repair, tht mortgagee may make such repairs as in its discretion it may-deem necessary for the proper preservation thereof; and [he full amount of each and every such payment shall be immediately due and payable; and shalt be secured by the -ein of this mortgage. h. To not voluntarily create or permit to be created against the property subject to this mortgage any lien or liens inferior to the lien of this mortgage without written consent of the mortgagee; and futher, that mort- gagor will keep and maintain the same free from the claim of all persons supplying labor or materials for con- struction of any and all buildings or improvements now being erected or to be erected on said premises. i. To no[ rent or assign any part of the rent of said mortgaged property ar demolish, or remove, or substantially alter any building without the written consent of the mortgagee. j. All awards of damages in connection with any candcmnadan for public use of or injury to any of tht property subject to this mortgage are hereby assigned and shall bt paid to mortgagee, who may apply ehe same to payment of the installments last due under said note, and mortgagee is hereby authorited, in the name of the mortgagor, to execute and deliver valid acquittaticcs thtreof and to appeal from any such award. k. The mortgagee shall have the right to inspect the mortgaged premises at any reasahable time. 1. To comply with the provisions of anp' Rase if this Mortgage is on a leasehold. If this Mortgage is on a unit in a condominium or a planned unit development, Borrower shall perform all of Borrower's obligations under the deslaratian or covenants creating or governing the condominium or planned unit devtloptnent,the by-taws and regulations of the eottdomirdum or platuted unit development, and constituent docwnents. 2. Default in any of the covenants or condidons of this instrument or of the note or loan ageement secured hereby shall terminate the mortgagor's right to possession, use, and egjoyment of the property, at the option of the mortgagee or assigns (it being agreed that the mortgagor shall hoot such right until default). Upon any such default, the mortgagee shall become the owner of all of the rents and profits accuring after default as security far the indebtedness secured hereby, with the right to enter upon said property For the purpose of collecting such rents and profits. This instrument shall optrate as an assignment of any rentals an said property to that extent. 3. If the mortgagor defaulu, and fails w make any payments when due or to conform to and comply with any of the conMitions ar agreements contained is this mortgage or the notes which it stcures, then the retire principal sttm and act:rued interest shag at once become due and payable, and draw*~1lZsit per ctnt f ' fl,oaP~) interest thereafter until paid at the elution of the mortgagee; and this mortgage may thereupon be fvrrclosed immediately Pot the whole of the indebtedness hereby secured, including the cost of extending the abstract of title from the date of this mortgage to the tithe of commencing such suit. 4, In the event of a. foreclosure or default as provided httein, the mvrtgagce shat! at once be tntitletl to the pot- -- session, use, and onjoyt[~ttt of the real estate aforesaid and to the rent, issues, royalties, and profits thereof, from tht accruing of such rights and during fhe pendency of foreclosure procerdings and such possessions, rte., shall at once be deGvcred to tht mortgagee upon request, upon failure such delivery of such possesstvn may !+c enfatad by mortgagee, by ally appropriate Iega1 ptvtxedittgs, iticltrdigg a ra-eivcr far the property. S, The p~ncetd: of airy sak of said property in accordance with the preceding paragraphs shall be apphed fret to psy the et?~stz attd expe'ts~ of said salt, the espences incursetl by the trzorigagee for the purpose e,f pr~u~ting c.r tnsintaeei~ said property, str<cutdt}. to t~Y tl~ irbt~lr~s stt-ur~€3 herrhr, anti thirdly, tv #~y arty surptu ~r ctteess is the petzan or persons kgaliy rntiited thtrtto.