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d. For Wit'#er security of the indebtediess herrby secured, upon the request of the mortgagee, its successors
<br />or assigns, mortgagor shall execute and deliver a supplemental mortgage or mortgages covering any additions,
<br />improvements, or betterments made to the property hereinabove described and all property acquired by it after
<br />the dart hereof (all in form satisfactory to mortgagee}. Futhercnore, should mortgagor fail to cure any default
<br />in the payment of a prior or inferior 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 />shalt become part of the indebtedness secured by this instrument, subject to the same terms and conditions.
<br />e. The rights created by this conveyance shaft remain in full force and effect during any postponement or
<br />extension of the time of the payment of the indebtedness evidenced by said prcmissory note or notes, or any
<br />part thereof secured hereby.
<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 ary premiums therefor. All insurance shall be carried in companies acceptable to mortgagee and the
<br />policies and renewals thereof shall be field by mortgagee and have attached thereto Toss 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 mortgagee, and mortgagee may make proof of Toss if not made promptly by mortgagor, and each insurance
<br />company concerned is hereby authorized and directed to make payment for such loss directly to mortgagee
<br />instead of to mortgagor and mortgagee jointly, and the insurance proceeds, or any part thereof, may be applied
<br />by mortgages 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. In event of foreclosure of this mortgage, or other transfer of title
<br />to said property in extinguishment of the indebtedness secured hereby, all 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 be surrendered for a refund.
<br />g. To keep aIl buildings and other improvements on said property in good repair and condition; to
<br />psrt~t, commit, or suffer no waste, impairment, deterioration of said property or any part thereof; in the event
<br />of failure of the mortgagor to keep the buildings on said premises and those erected on said premises, or
<br />improvements thereon, in good repair, the mortgagee may make such repairs as in its discretion it may deem
<br />necessary for the proper pceservation thereof; and the full amount of each and every such payment shall be
<br />immediately due and payable; and shall be secured by the loin of this mortgage.
<br />h. To not voluntarily create or permit to be created against the property subject to this mortgage any lien
<br />or liens inferior to the lien of this mortgage without written consent of the mortgagee; and father, that mort-
<br />gagor will keep and maintain the same free From the claim of all persons supplying labor or materials for con-
<br />struction of any and all buildings or improvements now being 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 />j. All awards of damages in connection with any condemnation for public use of or injury to any of the
<br />property subject to this mortgage art hereby assigned and shall be paid to mortgages, who may apply the same to
<br />payment of the installments last due under said note, and mortgagee is herrby authorized, in the flame of the
<br />mortgagor, to execute and deliver valid acquittances thereof and to appeal from any such award.
<br />k. Tbe mortgagee shalt have the right to inspect the mortgaged premises at any rrasonablr flute.
<br />1. To campty with the provisions of any I if this hlortgags is on a leasehold. if this 14tartgage is-on a
<br />unit in a condominium or a planned unit development, Borrower shall perform alt of Borrower's obligations
<br />under the declaration or covenants creating or governing the condominium or planned unit development,the
<br />by-laws and regulations of the condominium or planned unit development, attd constituent documents.
<br />2. Default in any of the covenants or conditions of this instrument or of the note or loan ageemtnt secured hereby
<br />shall terminate the mortgagor's right to possession, use, and enjoyment of the property, at the option of the
<br />mortgagee or assigns (it being agreed that the mortgagor shall have such right until default). Upon any such
<br />default, the mortgages shall become the owner of all of the rents and profits securing after default as security for
<br />the indebtedness secured herrby, with the right to enter upon said property for the purpose of collecting such
<br />rents and profits, This instrument shall operate as an assignment of any rentals on said property to that extent.
<br />3. If the mortgagor defaults, and faits to make any payments when due or to conform to and comply with any of
<br />the cotmlitions or agreemtnts contained in this mortgage or the notes which it secures, then the entire principal
<br />sum and accrued interest shall at once become due and payable, and draNSevente~ ant (~.T_.tlgs) interest
<br />thereafter until pad at the election of the mortgagee; and this mortgage tray thereupon be fpreclosed immediately
<br />tot the wttolt of the indebtedness herrby secured, including the cost of extending the attstraet o€ title from the
<br />daft of this mnrigage to thee time of eommencing such suit.
<br />4. to the-evsttt of a foreclosure or default as provided herein, the mortgagee shatl at once be entitled to tha pos-
<br />session, use, and ettjoytnent of the real estate aforesaid and to the rent, issues, royalties, and profits thereat,
<br />from the aceruittg of such rights and during the pendency of foreclosure proceedings and such possessions, rte.,
<br />shall at pace be delivered to the mortgagor upon request, upon failure such delivery of such passessian may be
<br />enforced-by mortgagee, by aay appropriate legs! proceedings, including a receiver for the property.
<br />S. The prooetds aF any sale of said property in arcotdance with the preceding paragraphs shat! he applied first to
<br />pay tbe casts and etipettses of said sale, the exprru'es incurred by the mortgagee for the purpasc of protecting or
<br />maintaittitsg said protz`rty, secondly, to pay tti; ittdslxedt~ss s=cvrrd tirreby; and thirdly. to t?aY any surplus or
<br />excsac to the person or persons [egatty cntittsd thereto.
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