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; •r 76* aoaa1a • THIS MORTGAGE IS ALSO TO RE AND CONTINUE TO BE , FROM TIME TO TIME, SECURITY FOR THE PAYMENT OF SUCH SUM OR ' SUMS OF MONEY AS SHE MORTGAGEE MAY FROM TIME TO TIME IN THE FUTURE ADVANCE TO THE MORTGAGOR, AND r` . EVIDENCED BY A SUPPLEMENTAL NOTE OR- NOTES; RUT THE TOTAL INDEBTEDNESS SECURED BY THIS MORTGAGE SHALL NOT ' EXCEED ONE HUNDRED : TWENTY (120) PERCENT OF THE AMOUNT NOW OWING, EXCEPT"FOR ANY ADVANCES THAT MAY BE . MADE IdlidAY d TO PROTECT THE SECURITY IN ACCORDANCE . WITH .. THE TERMS OF THIS MORTGAGE. THE MORTGAGOR t ' ,RTHER COVENANTS AND AGREES : : ; . . •That the Mortgagor will pay the indebtedness as hereinbefore provided, That the Mortgagor is the owner of said property in fee simple and bus good right and lawful authority to sell and `convey the ammo and that the tame iv freeand clear of any lien or encumbrance: And that Mortgagor will warrant and defend the title to said premises against the claimsof all persons wlimnsoever. . 'I'o pry immediately when due and payable all general taxes, special taxes, special iul assessmentts, water charges, sewer serv. ,;•,5._,:. . . ice churgen; and other taxnaand chitrgos against said property , and till taxes levied ua the debt secured hereby, and to furnish the _ • + i, • Mortgagee, upon request, with the original or duplicate receipts therefor. The Mortgagor agrees that there shall be added to each monthly payment required hereunder or under the evidence of debt secured hereby an amount estimated by the Mortgagee z . • to .. bec suffcient to enablei the Mortgagee to pay, as they become due, ail taxes, assessments, and Similar chances upon the prem. • " isr.•s subjectthereto; any deficiency because of the insuf in urw of ouch additional pnvmuls shall he forthwith deposited by the • •; - Mortgagor with the Mortgagee upon demand by the Mortgagee . Any default under this paragraph shall he detained a -default Iii ' payment of- tuxes, assessments. or similar charges . required hereunder, i _• . The . Mortgagor agrees that there shall also be added to eachmonthlypayment of principal anti interest required hero• under an amount estimated by the Mortgagee to be sufficient to enable the Mortgagee to pay, ars it becuuus due. the insurance < g premium on any insurance policy deliveredto the Mortgagee. Any deficiency because of the insufficiency of such additional pay meats shall be forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Mortgagee. Any default under this paragraph shall be deemed a defaultin the payment of insurance premiums. If the policy or policies deposited are such as home- owners or all risk policies, and the deposits are insufficient to pay the entire premium. the Mortgagee may apply the deposit to pay premiums on risks required , to 1w insured by this mortgage. Payments node 1w the Mortgagor under the roost paragraphs may , at the option of theMortgagee, he held by it and commingled with other such funds or its own funds for the payment of such ( tents, and until so applied , such payments are hereby . pledged. as security .for the unpaid balance of the mortgage indebtedness. r . • '1'o procure: deliver to. anti maintain fertilebenefit of the Mortgagee during the life of this mortgage original policies and renewals thereof, delivered to least ten days before the expiration of any such policies, Insuring against (ire and other iu uruble 7 , hazards, casualties, and contingencies as the Mortgagee may require, in an nmuunt equal to the indebtedness secured by this Y ;