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<br />d. for better security of the indeb*.edness hereby secured, upon the regac~st of the mortgagee, its successors
<br />oe assigns, mortgagor shall execute and deliver a supplements! martgags or tnortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and ail property acquired by it after
<br />the date hereof {aH in farm satisfactory to mortgagee). Puthermore, should mortgagor fait to cure any default
<br />in the payment of a prior or in€erior encumbrance on the property described by this instrument, mortgagor here-
<br />by agrees to permit mortgagee to cure such default, but mortgagee is not obligated to do so; and such advances
<br />shall become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />e. Thr rights created by this conveyance shall remain in full force and effect during any postponement or
<br />extension of the time of the *+avment of the indebtedness evidenced by said promissory note or notes, or any
<br />part thereof secured htreby.
<br />f. To continuously maintain hazard insurance, of such type or types and in such amounts as the mortgagee
<br />may from time to time require on the improvements now or hereafter on said property, and will pay promptly
<br />when due any premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and rtnewals thereof shall 6e held by mortgagee and have attached thereto foss payable clauses in favor
<br />of and in form acceptable to the mortgagee. In event of loss, mortgagor will give immediate notice in writing
<br />to mottgagec, and mortgagee may make proof of loss it' not made promptly by mortgagor, and each insurance
<br />company concerned is hereb; authorized and directed to make Daymem for such loss directly to mortgagee
<br />irtstead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied
<br />by mortgagee at its option either to the reduction of the indebtedness hereby secured or to the restoration or
<br />repair of the property damaged or destroyed. (n event of foreclosure of this mortgage, or other transfer of title
<br />to said property in extinguishment of the indebtedness secured hereby, alt right, title, and interest of the
<br />mortgagor in and to any insurance policies then in force shall pass to the purchaser or mortgagee or, at the
<br />option of the mortgagee, may he surrendered Tor a refund.
<br />g. To keep alt buildings and other improvements on said property in good repair and condition; to
<br />nermit_ commit, nr suffer nn wade, imnairtnent, dererinratic~n of sued property or any p2rt ther~ytf; in thg eye-nt
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or
<br />improvements thereon, in goad repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary far the proper preservation thereof; and the fu{I amount of each and every such payment shall bt
<br />immediately due and payable; and shall be secured by the loin of this mortgage.
<br />h. 'I'o not voluntarily create or permit to be created agains[ the property subject to this mortgage. any lien
<br />ar liens inferior to the lien of this mortgage without written consent of the mortgagee; and father, [hat mort-
<br />gagor will keep and maintain the same tree from the claim of aU persons supplying tabor or materials for con-
<br />struction of any and all buildings or improvements now heing erected or to be erected on said premises.
<br />i. To not rent or assign any part of the rent of said mortgaged property or demolish, or remove, or
<br />substantially alter any building without the written consent of the mortgagee.
<br />i~ A!1 awasrds of datttaaes in canneetion with ant condemnation for public use of or injury to any of the
<br />property subject to this mortgage art hereby assigned and shall bt paid to mortgagee, who may apply the same to
<br />payment of the installments last due under said note. and mortgages is htreby authorized, in the rtamr of the
<br />mart~gor, to execute and deliver valid aF.~uittansxs thcrtaf and to appeal from any such award.
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<br />I. To camgiy with the provisions of any least if this Mortgage is on a leasehold. !f this Mortgage is on a
<br />unit in a condominium or a planned unit development, Harrower shall perform all of Borrower's obligations
<br />under the declaration or covenants creating or goverrting the condominium or planned unit dtvelopmcnt,the
<br />by-laws and regulations of the condominium or planned unit development, and constituent documents.
<br />2. Default in any of the covenants or conditions of this instrument or of the note or loan ageement secured hereby
<br />shall terminate the mortgegoPs right to possession, use, and enjoyment of tht property, at the option of the
<br />mortgagee or assigns (it bring agreed that the mortgagor shalt have ouch right until default). lJgon any such
<br />dot"salt, the mortgagee shall ixtiomr the owner of alt of the rents and profits securing after default as security for
<br />the indebtedness st€:ured htreby, with the right to enter upon said property for the purpose of collecting such
<br />tEnts and profits. This instrutr€rni shall operate as an assignment of any rentals on said property to that extent.
<br />3. If the mortgagor defaults, and fails to make any payments when due or to conform to and comply with any of
<br />the conditions or agrtements contained in this mortgage or the notes which it secures, thin the entire principal
<br />a~:.t . s,ral . ors r: ~ d-,it arm p;i, :r..... d dra _.-_._, per uirt #.~ .s) i€Yttres
<br />thereafter until pain at tits election of the mortQagss, a_nd this mortgage may thereupon be fortclastd immediately
<br />for the whole of the isultbtcdness hetcby secured, including the cost of extending the abstract of title from [he
<br />date of this mortgage to ells time of commenting such suit. "seventeen and three-quarters
<br />4. Sn tbe ever! of a ftnxktsrtre or defeat[ as providrsl hereon, the rntut$a$se shall et Dose he entitled tv the pos-
<br />setuion, use, and enjoyment of the real estate aforesaid seed to the rent, issues, royalnrs, and prot7u thereof,
<br />from the accruing of such rights and during the pendency of foreclosure proceedings and such pctssessians, etc.,
<br />shalt at atr<x he delivered to the mortgagee upon request, upon Cailurc such delivery of such possession may tx
<br />snfor€;td by tttorigagse, by any appropriate legal proccedin$s, including a receiver for the property.
<br />s. 'Tt€c ~'-omits of env salt €tf said v -cry i€r accordance with [fit -recedin- era, ra ns shalt be a. ~ietl first to
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<br />pay the stases seed ecpstts~s of said Batt, rhs expenses ittcurrttl by the mortgagee fat the purprise of protc~ting or
<br />rtairatnfnt~sg sait~ prapcr-fy, sex~rrtstiy, to pay €t9s tr€tie[ttr~ittsss scct€rtd hereby: and Fturdiy, to pay aa4 cu€plus ~sr
<br />excess Fo the person or ptrsoFas legally en€ititd ilttsMU.
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