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L 1w arefpNar et~rrarls ataad'apaNS ast~trr: - . ~ _ _ . _
aaars~e tLo iadaitaiw tavld~oei try aid parewiaeery seta ai tits titiaea tM~d i the
~Ma¦aMV.`K~ agates, gild otter ~sYentaaae~tat nstrieip~ ebas~ fleet tat
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irapeitio~ ~ w ~peaalsie~~ sot ~a aids` hitrtiaietetr, sad tir18 Pt'~Mlf' dal~t+eaT the eieial theei~: -
therstae to the Nid aaost~yet.
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c. He wiU pay each eupea.es and fee a. tray bo loeareed in tha .ad rrtaiaeenanos of raid
propRrt~,'~achdin~ -the fee. of any attorney empbyed bT the .aortgagee for the eollectioa of any.. or all of -
_ the indebf~edaesi'beu+eby :sec ~nra1. oar for`toireclosnrs'liy w?ort6a~sea sale, or matt~Pneeedia~, oft it ~ btbe~
litigat~ob or prooeedina ilreCtin6 acid proediaei. Attoraelh• tea reasonabh? facetted in say other way aha8 be
-paid by the aart~or. ~ • . -
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sl. k~ icier se~r~ty ~f _t~ ~d.~ !`T•_'"b*: a~+~>~ad„ n~oa she .regoate of..the, ~~tl~h. its soo ,
eeroe+s or awlpas, heshall e~uecttte r,td. drli~r:~, sgPPk~~ ~ ~ ~~d+a~: ~.IPX~ ~dditinags.
i.pr~rowutota,: of ~Lggera.enq :mods. a ~tlae ~?cop~adt~t..baF~bRve daeribed =,taa. aj~,P4'QP~y. do?
it aftpe the dam bsrao~ (a11.iw hrraasaetary tQ_ptortt~esl••l~a~r~'a,.A4alal~l.ai.. a~ G!~ too ire ,
~y d~&=~~~~Pl~y~~~+~iP~ sE btfeatioac eae~u.batnsaaa?ahe{Pco~tx,~M;~~1 tltia~t,.
mortgagor hereby agree to permit mortgagee to cure such defanit, bat mortgagee ~s sot obligated to do io;
and saokh advaaea shall become part of the iadebtedaesa secured by this iastrnmeat, aabject to the same -
terms and eanditiosr.
e. The rights created by this conveyance shall remain in full force and e~eet during aa~ postponement
or exteraion of the time of payment of the iadebte~~~~iggj~c~lrl~1~lri~ note of any part thereof
secured hereby. dOtW~
He will contiauowly maintain hasard iaptra~t ~ oiii~'lt'jp~'o~rp~~~ amounb ass the
mortgagee may from time to time regain on tbe,i~apt`oveaitMittf`ii8`I~`i~ ~ Property, and
W7 P~Pily orhm due any preasinms therefor., ~U osrnauoe tkall i~ aooeptab~a
to aao~es and the policies and renewals ther~o`f ~ be he~d by asortga fies ssd bare attached thesets
loss payable elawes is savor of asd is fora soeeptabk t'a the mortgagee Ia event of loan soet~er will 61*s
iataediate aotfes in writiaa to ..ortgagee, and mortgages away seeks proof of for ii riot aide PR'osPV7 h
aortaagot. and each issuraaoe company ooaee:tied is Imreby anthoriaed and dir+eeted to sake payareat for aac6 -
loss direetiy to wtaagas instead of to asortaapor and aaortgsaee jointly, sad the insnrataee proceeds, er say _
part thee+eai, stay be applied by mortgagee at its optics either to the rednctioa aE the iadebtedaeas hereby
_ secnr+ed o: to the restoration or repair of the property damaged or destroyed. Ia event of torecissara of this
s+ortaa~e, or otlur trans[er bf title to said P~Pw7 is extinga3shmeat of the iedelfteda~ets ~ecnr+ed hsredj?. alt _
_ __.a s a....~t~.,e' .la and to au1? idnraoce Polteia then is force shall P~ to the
purchsser- or mortgagee or, at the option of the mortgagee, may be surrendered for a r+efand.
g. He will keep all buildings and Sher iiaprovemeata on said Property- in !1~ repair and ooaditian;
wiD permit, commit, or-antler no waste, impairment, deterioration. o~ said ,property or eny part thereof;
in the event of failnn of the mortgagor to keep the.. buildings oa said premisQS and 1~ erected on said
premises, or improvements thereon, in good repair. the mortgagee moy make snc6 repairs a. in its discretion it
may deem necdsary for. the proper preaervatlon thereof: and the. foil amount o(eaich and every such payatent
shall be immediately due and payable and shall be secured by the lien of this more.
h. He will not voluntarily create or permit to be .created against the property subject to this mortgage
any lien or ljena inferior or wperior to the lies of this_mortgage_without the~Mrritten consent of the mort-
gagee; and rnrther, he will keep and niaintaia the same tree from the claim of alt perwtu supplying labor or
materials for construction of any and all bpildings or improvements now being ereMed or to be erected on
said premises..
e. Ae will not rent or wigs any part of the rent of said mortgs~ged .property or demolish, or remove.
or aubstantiaUy alter any building without the written conical of the mortgagee.
j. All awards of damages is eonnectioa with- any condemnation for public use of or injury to any of the
property sabjeet m this mortgage are hereby asdgaed and shall be-paid to mortgagee, woo tsay ePl1y: ~
aanMe to payment of the instt+llments lot die under wid note. and mortgagee is hereby aatLoriaed, in the
name of the morigagor, to execute and deliver valid acquittances thereof and to appeal from any each award.
k. The. mortgagee shall have the right to inspect the mortgaged premises at any reasonable time.
2 Default iu any of the covenants or conditions of this instrument or of the note or loan agreement secured
hereby shall termiasi~e the mortgagor's right to poasessioa. use, and enjoyment of the property, at~the option of the
mortgsgee or his assigns (it being agreed t~,at the mortgagor shall have each right until default). Upon any such
defanl4 the mortgagee shall become the owner of all of the recta sad profits accruing after default as security
for the indebtedness secured hereby, with the right to eater--upon said property for the purpose of collecting such
teats and profits. This instrument shall operate as as ossignmeat of any rental on said property to that extent.
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