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THIS MORTGAGE IS ALSO TO BE AND CONTINUE TO BE, FROM TIME TO TiME, SECURITY FOR THE- PAYMENT OF SUCH SUM OR SUMS OF MONEY AS THE MORTGAGEE MAY FROM'71ME TO TIME IN. -THE FUTURE ADVANCE -TO THE MORTGAGOR, AND EVIDENCED BY A SUPPLEMENTAL NOTE OR NOTES, BUT. THE TOTAL INDEBTEDNESS SECURED BY THIS .MORTGAGE SHALL NOT `Qu EXCEED ONE HUNDRED TWENTY (120) PER CENT OF THE AMOUNT NOW OWING, EXCEPT FOR ANY ADVANCES THAT MAY BE MADE TO PROTECT THE SECURITY IN ACCORDANCE WITH THE TERMS OF THIS MORTGAGE. THE MORTGAGOR FURTHER COVENANT'S AND AGREES: That the Mortgagor will pay the indebtedriess,as hereinhefore provided. That the Mortgagor is the owner of said property in fee simple and has .-clod right and lawful artthority .tri sell and convey the same and that the same is free and clear of. any lien or encumbrance; and t7iat. Nlurfgagar will ttarrittt and defend`the title to said premises•a;lainst. the claims of all persons whomsoever. To pay imnrcrliately'when due and payable all general taxes, special taxes, special assessments, water charges,, sewer serv- ice charges, and other taxes and charges against said property, and all taxes levied on the debt secured hereby, and to furnish the Mortgagee, upon request, with the original or duplicate receipts therefor. The Mortgagor agnrt'sthat them shall big added to each monthly payment.required hereunder or under the evidence of debt secured hereby an amount. estimated by the ,Nfortgaget, to he sufficient to enable the Mortgagee to pay, as 'they become due. all taxes. assessments, and similar charge upon the prt'm- ises subject thereto; any deficiency because of the insufficiency of such additional payments shall be forthwith deposited by file Mortgagor with the Mortgagee upon demand by the Mortgagee- Any default tinder this paragraph shall he devilled :i default in payment of taxes, assessments, or similar charges required hereunder. The Mortgagor agrees that. there shall also be added to each monthly payment of principal and interest required here- under an ainount estimated by the Nlortgagee to be sufficient to enable the Mortgagee to pay, as it becomes due; the insurance premium on any insurance policy delivered to the Nlortgagee. Any deficiency heCattSe, of lilt' insufficiency of such additional pay- ments shall he forthwith deposited by.the Mortgagor with the Mortgagee upon demand by the, Mortgagee. Any defatilt under this paragraph shall he deemed a default in the payment of insurance: lirenniums. If the policy or policies deposited are such as honw- owners or all risk policies, and the deposits are insufficient to pay flit, entire premium, the Nlortgagee may apply the deposit to pay premiums on risks required to be insured by this mortgage. Payments made by the Mortgagor under the above paragraphs may, at the option of the N4ortgugec, he held },y it and connininglerd tt•ith other such funds or its own funds for the payment of such items, anti until so appliorl, such payments are hereby pledged as security for the unpaid balance of the mortgage. indebtedness. To procure, deliver to, and maintain for the benefit, of the Mortgagee during the life of this mortgage <;riginal policies and " renewals thereof, delivered at least ten days before the expiration of any such policies, instning against. fire and other insurable hazards, casualties, and contingencies as the Mortgagee may require, in an amount equal to the indebtedness secured by this N4ortgage, -,trot in companies acceptable to the Mortgagee, with los,---payable clause in favor of and in (orrn acceptahle to the Mort, . gee. In the event any j?olicy isnot renewed tin or before ten days of its expiration, fit(-Morlgagec may procure insurance• on the improvements• pay the premium therefor, and such sum shall become immediately clue and payable with interest at the rate set forth in said note until paid and shall he secured by this mortgage. Failure on file part. of they Mortgagor to furnish such renewals as are herein required•or failure to pay any sums advanced hereunder shall, at the option of the Mortgagee. constitute a default. uticder the terms of this. mortgage. The delivery of such policies shall, in the event of default, constitute an assignment of the un- earned premium. Any sums received by the Mortgagee by reason of loss or damage insured against may. he retained by the Mortgagee and applied toward the payment of the debt. hereby secured, or, at. the Option of the Mortgagee, such surns either wholly or in part may be paicj over to the Mortgagor to he used to repair such buildings or to build'new buildings in their place or for any other purpose or object satisfactory to the Mortgagee without affecting the lien on the mortgage for the full anwunt secured here- by before such paymint ever tool: place. Po promptly repair, restore or rebuild any•builcling-s or improvesncnts note or hereafter on the premises. which may he.. come damaged or destroyed; to keep said premises in good condition and repair and free from any mechanics lien or other lien or claim of lien not expressly subordinated to the lien hereof: not to suffer or permit ani' unlawful use of or any nuisance to exist (ill! said property nor to permit waste on said premises, nor to do :illy. other act whereby the property hereby conveyed shall become. hiss valuable, nor to diminish or impair its value by any act or omission to aet.: to comply tt•ith all requirements of laity with respect to the mortgaged premises and the use thereof. That should the premises or any part thereof be taken ordanunged by reason of any public improvement or condemnation proceeding, or under the right of eminent. domain, oi• in any other manner, the Mortl tgc - shall be entitled to all compens nLons.': awards, and any other payment or relief therefor, and shall he entitled• at, its option, to commence. appear in and prosec:ulc in its own name any action or proccecding, or to make any compromise or settlement in'connection with such taking or damage. All such: compensation, awards, damages, right of action and proceeds are hereby assigner) to the Mortgagee, who may. after deducting therefrom all its expenses, release any moneys so receit;ed by it or apply the same on any indebtedness secured hereby. The Nlort- gagor agrees to execute such further assignments of any compensation, awards. damages, and rights of action afcd proceeds as the Mortgagee may require. ants herein, the Nlortgagee.may do oro the N4ortgagor's behalf everything That in case of failure to perform any Of the coven so covenanted; that the Mortgagee may also do any act itmay c}eent necessary to protect t.hc lien thereof: that file Nlortgagor will repay upon demand any moneys paid or rlisburserl by the N4ortgagee (or any of the above purposes• and such moneys together with interest thereon lit -tile rate provider) in said note shall become so much aclditieinal: indebtedness hereby securer] and may r wise ise clucled in any decree foreclosing this mortgage and be paid out. of the rents or pr6ceeds of sale of said premises if not. other paid; that. it. shall not: be obligatory upon the. Mortgagee to inquire into the validity of. any lien, encumbrances, or claim in ad- vancing moneys as abcive authorized, but nothing herein contained shall be construed as requiring the Mortgagee to advance any moneys for any such purpose nor to do any act. hereunder; will that Mortgagee shall not. incur any personal liability because of any- thing it may do or omitto do hereunder. Ln the event.oC the default by Nfortgagor in the payment of any installment• as required by the Note securer! hereby, or in the performance of the obligation in this mortgage or in the note secured thereby, the Mortgagee shall he entitled to declare the debt secured hereby due and payable without notice, and the Ndortgagve sha11 be entitled at its option, without notice, either by itself or by a receiver to be appointed by the court thereof, and without regard to the adequacy of any security for the inrlebterdness se- cured hereby; to enter -upon and take possession of the mo rtgaged premises; and to collect and receive the, rents, issues and profits thereof, and apply the same, less costs of operation and collection, upon'tile indebtedness secured by this mortgage; said rents, issues and profits being hereby assigned to the Mortgagee as further securit.}y for the payment. of all indebtedness "Miredhereby. The Mortgagee shall have the power to appoint any agent or agents it may desire for the purpose of, repairing said prem - ices; renting the same collecting the rents, revenues and income, and it may pay out of said income all expenses incurred in rent- ing and managing the crime -,fill of collcet.ing the rentals therefrom. The balance remaining. if any, shall be applied toward the discharge of the mortgage indebtedness. This assignment is to terminate and lxcome null and void upon release of this mortgage.