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Home My WebLink About0230 . f ' : - , 1. 7r6. ,nostp~ot ooreo.nb .na .Se~ee... tono~r.: . s~ $e will prompdr Pa7 t6e indebtednas evideaoed b~ s~id promLw~ note at the time~ aad in the maoner tbereia prortded b. 8e wtll pat aU enies, awe~enb, water rate~, and otber ao~eromeatal or manicipal cha~ fine~, or i~npaitiau, tor ~r~icb pe+ori~iaa ~w not beeti made Lereinbetore, and wiU pcomptl~ deliver the oieial ceoe~pu ~ tberefor to tl~e said mort~aaee. ; c. Aa will pay such expenaea aad (eea as m~y be incurted in the protection md tnaiatenance of said property, including the feea of any attorney employed by the mortgaaee foe the colleMion of any or •(1 of the indebtedness hereby secured, or for foreclosute by mortaagee's sale, or court proceedin~s, or in ahr other litigation or proceeding aBecting aaid ptemieea. Attorney~' feca reaeoaabty incutred in~anr other way ahall be paid by the mortaagor, ' d. For better securit~ of t6e indebtedueas hereby aeeured, upon Ute reqneat ot the moctaa~ee. ita wa ceasors or assi~as. he shall execute and deliver a supplement~t moct~n or moM~~ges eoverin6 anr addition~, imprmrements. o~ bettermente m~de w the properiy hereinabove deecribed +~ad a11 prupesty acqaired br it atter the date hereof (all ia lorm ~atisfactor~ to mort~ysee). Fartherawew ~hoqld r~ort~a~or fail to cure any default in the pa~•ment of a prior or infereor encumbrance oo the propertr deacribed by thu instrument, morigaaor hereby agreea to perm~t mott~aa4e to cure such default, but mortgagee is not obliRated to do so; and such advancea shali become pari of the indebtedness secured by thie inatnunent, aubject to the aame terms and conditiona. e. The ri~ltts created br this coaveyance shall remain in full foroe and eHect durin~ any postponement or extenaioa of tl~e iime of payment of the iudebtedneas evidenced b~ said promieson note or any part thertoi aecured hereb~. ~ He will continuauely maintein hasard iasurance, of such _type ot typea and in auch amountd as the ; mort~aRec ma~• irom time to time require on the improveme~ts now or herea[ter on aaid property, and will Pa7 Prnmptlr „rhen due any premiums therefor. All inauanoe ~hall be catried in oompanie~ aooepuble ta mort~asee aad the poGcia aad nnewab thenof shall be held by mort~saee aad have attached theseto loes payablc clau~ in Eavor af and in [orm aooeptable to the mortaa6ee.ln eveat o[ loM, mortaa6or ~rill pve immediate notioe ia ~?ritina to mortaa~e, and mort~a~ea tnar make prooi a[ loM if not made prompdT b~ ~ mort6aaor, and each insuraaoe compan~ eoncenud is hereby anthorised ~nd dii+ected to ~aaice papmwt for wch lo~s direcdp to mort6a6ee in~tead of to aw~or and mortaaaee joiatly. aad tbe ia~ataoee pi+uosed~, or anJ? part thereof, ma~ be applied b~ mortaa~ at it~ optioa:~eitl~er to the t+eduatioa of'tbe iadebtedaas hereb~ ~ecured or to the restotatia~ or npair of tLe property dsid,~ed or deatin~a~.~L erant osf fonclo~ur~e of thi~ mort~a6e, or other tna~ter of titk to aaid properiy in c=tinauishmeat of the indebtednps ~ecured hereb~, a11 ~ ria6t, titk, sad intere~t of tbe mortaaaor in md to any ins~uanoe policies thea in toroe s6a11 psN w the purchaser or mortgagee or, at the option o[ the mortgagee, may be surrendeted for a refund. g. Ae will keep all buildin~s and other improvements on eaid property in good repair and condition; wi11 permit, commit, or su6er po waate, impairment, deterioration of eaid property or anp part thenof; . in the~eveat of failure of the mortgagor to keep the buildinp,a on said premieea and thoee erected on said premises, or impmvemeata theseon, in good repair, the mortgagee may make such repairs as in ita discretion it ma~ deem neoeaeary for the proper preeervation thereof; and the ~nll amoant oi each and evety wch paymwt ahall be immediately due and payaWe aud ehall be eecured by the lien of this mortaage. h. He will aot voluntarily create or permit to be created againat ihe property aqbject to this mortgage any lien or liene infcrior or auperior to the lien of thie mortgage without the written coneent of the mort- Ra~ee: and further~ he will keep and maiatain the eame free from the claim oi all pereons anpplyina labor or ~ materiala for conatruction of any and all buildinge or impro~ementa now beinR erected or to be erected on aaid premiae~. i. He will not rent or aeeign any patt of the rent of eaid mortga~ed property or demolieh, or remove, or substaatially alter any buildina without the wriuen consent of the mortgagee. j. All awards of damages in cunneetion witb any candemnation for pnblic use of or injnrp to my o[ the pmpertr subject to thia mortgaae sre hereby asaigned and ehall be paid to mortgaaaee, who m:~ appl~ the same to payment of the installmenta ]sat due under aaid note, aad mortgagee ie hereby anthorised, in the name of the mortgagor, to execute and deliver valid acquittancea thereof and to appeal from any snch award. ; k. The mortgagce ahal] have tbe rig6t to inapect the mortgaged premiaee at aay reawaable time. ' ~ 2. De[ault in any of the coveaanis or coaditions of thia instrument or of the note or loan agreement aecured I~ereby ehall terminate the mortRagor'e ri~ht to poeaession, use, and enjoyment of the propert~, at the option oi the ; mort~ta~ee or hie asei~ne lit being a~reed that the mortgagor ehall have auch ri~ht until default). Upon any such default, the mortgagee ahall become the owner of all of the renta and profila aceruinR after defauit as eecurity for the indebtedneaa eecured hereby, with the right to enter npon aaid propeny for the purpoee of collectinR euch rents and profita. Thie inetrument ehall operate as an aseianment of aay rentals on said property to that extent. ~ 1~?~ . ~ ~.e~V Pdr,f ; , . . Yi~ ~ 1 ~ I •