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THIS MORTGAGE 1S 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 TIME 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 EXCEED ONE HUNDRED TWENTY (120) PER OF THE AMOUNT NOW OWING; EXCEPT,FOR ANY ADVANCES;'THAT MAY BE MADE R TO PROTECT THE SECURITY IN ACCORDANCE WITH THE TERMS OF THIS MORTGAGE. THE MORTGAGOR FURTHER COVENANTS AND AGREES: That the Mortgagor will I'. pay the indehtedness as hereinhefore provided, rhat the Mortgagor is the owner of said property in fee simple and has griod right. and, lawful authority-jo sell and convey the same and that the same is free and clear of any lien or encumbrance; and that Mortgagor will warrant and .defend the title to said premises against the claims of all persons.whon,soever. To pay immediately when due and payable all 'general taxes, special taxes, special assessments, water charges, sewer serv- ice charges, and other taxes and charges against. said properly, 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 agrees [hat. there Shall be. added to each monthly payment required hereunder or under file evidence of debt secured hereby an amount. estimated by the Mortgagee to he sufficient ttr enable- the Mortgagee to pay, as they become due, all taxes, assessments, and similar charges upon the prem - ices subject thereto; any deficiency because of the insufficiency of such additional payments shall he forthwith deposited by the iNlortgagor,.with file. Mortgagee upon demand by the Mortgagee. Any default under this paragraph shall be deern•d a default in payment of taxes, assessments, or similar charges required hereunder. The cNlorl.gagor agrees that there shall also be added to each monthly payment of principal ,incl interest required here - an :uttount estimated by the Mortgagee to be sufficient to enable the Mortgagee+ to pay. as it becomes due, the 'insurance premium oil my insurance, policy;(lei iverod to the Nloi:fgagee. Any deficiency because of the insufficiency of such. additional pay- ment, shall be forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Mortgagee•. Any default. under this paragraph shall be deemed a default in the payment of insurance premiums. if the policy.or policies deposited are such ;Is home- owners -or all risk policies, and the deposits are insufficient to pay the entire premium,:the Mortgagee may apply the del -sit to pay prentiunts on risks required to he insured by this mortgage. Yaynttvtis made by the \leirtgagor under the above paragraphs may, at. the option of the 'Mortgagee, be held by it and conuningled with other such funds or its own funds for, the payment_Of such items, and until so applied, such payments arc• hereby pledged as security for"this unpaid balance of the mortgage indebtedness. To procure, deliver to, and maintain for the benefit of the \4ortgagce(hiring the life of this mortgage original p6licies :uul renewals thereof, delivered al. least ton clays before the expiration of any such policies, insuring against. fire and other insurable 11. riIS. casualties; and contingencies as the Mortgagee may require, in an amount. equal to the indebtedness secured by this Mortgage, and in coralianies accejrlahle to the Mortgagee, with loss payable clause in favor of and in form acceptable to the Mortga- gce. In the event any policy is not renewer) on or before len days of its expiration, the i\lorlg:tg0c may procure insurance on the iniprovenients, pay the jrrenflunt therefor, and such sunt shall become immediately (1110 and payable• with interest. ate the rate set. nd by this mortgage. Failure on the part of the Mortgagor to furnish such renewals forth in said note until paid and'Ishall h0 seco as are herein required •orfailure to pay any ruins advanced hereunder shall, at the option of the Mortgagee, constilule :t default under the leans of this,nuvtgago:'Ih0.rl0livery`of such policies shall, in the event of default, constitute an assignment of the un- earned premium. Anv sums received by the Mortgagee by reason of loss or damage insured against. may he retained by the Mortgagee and :giplivd toward the payment of the debt hereby secured, or, atthe option of th& Mortgagee, such stuns eilher wholly or in part may he paid over to the Mirrtgagor to be used tw i -vi air such buildings or to build now buildings in their pla or for any Other purpose or object satisfactory to the Mortgagee( without, affecting the lien on the mortgage for the full amount tiiwured here- by before such payment ever took place- To promptly repair, restore or rebuild any buildings or improvements now,c,r hereafter on the premises which stay be- come danragecd or destroved; to beep said premises in, good'condilion and repair and free from any mechanic's lion or other lien or claim. of lien not expressly Subordinated to the lien hereof: not to.sutfer or permit any unlawful use of or :eny nuisartca to exist on said properly.nur to permit. waste on said premises, nor to do any other act whereby the properly hereby conveyed shall heconle less valuable, nor ti) diminish or impair its value by any act or omission to act; to comply with all requirements of law with r"pecl. 'to the mortgaged jrremises and the use thereof. That Should the premises or any part. thereof he taken or damaged by reason of any puhlic improvement or condemnation proceeding, or under the right of, eminentdomain, or in any other manner, the Mortgagee shall h0: entitled to.all compensations, awards, and any other payment or relief therefor, and Shall be entitled, at, its option, to commence,appear in and prosecute in its own name any action,,or proceeding, or to make any compromise or settlement in connection with such taking or` damage. All such coritpensation, awards, dantages,,right of action, :uul' proceeds :u•e hereby assigned to. the Mortgagee, who may, after. deducting therefrom all its expenses, releasin any moneys so, received by it or apply the'sante on any indebtedness secured hcre!hy.'I'hc \tort- gagor agrees to execute such further assignments of•any coritpensation, awards, (damages, and rights of action and proceeds'as the Mortgagee may require. That in case of failure to perform any of the covenants herein, the Mortgagee may do on the. Mortgagor's heltalf everything so covenanted; that the Morl.gagee may also do any act it, may deem necessary to protect the lien thereof; that "the Mortgagor will repay upon demand any moneys paid or dishursed by'the Mortgagee for any of the above purposes, and such moneys together with interest thereon at. the rate provided in said note shall become so much additional indebtedness hereby secured and may he irt- ducled in any decree foreelosing;this mortgage.and be_paid out of the rents or proceeds of sale of said premises if not otherwise Paid; that it, strait not be obligatory upon the Mortgagee to inquire into the validity of any lien, encumbrances, or claire in ad- vancing moneys as above :authorized, but nothing herein containecl shall be construed as requiring, the Mortgagee to advance any moneys for any such Purl)Ose nor to do any act hereunder: and that i\�ortgagee sliall not incur :my personal liability hc'cause of any- thing it may do ornomit.to it() hereunder. III the eveni:of the default by b4ortgagor, in the payment of any installment, as required by the Note Secured hereby, or in the performance of the.ohligation in this mortgage'or in the note secured thereby; the, tMortgagee shall he entitled to declare the debt Secured hereby dice and Payable without notice, :ut(l the Mortgagee shall be entitled at. its option, without notice, either by itself or by a receiver to he appointed by the court thereof, and without regard to the adequacy of any security for the indebtedness se- cured hereby, to enter upon and take possession of the mortgaged premises, and to collect and receive the rents, issues and profits thereof, incl alrj)ly•the same, less costs of operation and collection, upon the indebtedness secured by this mortgage: said rents, issues and profits'being hereby assigned tp the 1\4oHgagee as further security for the payment of all indebtedness secured hereby. The. i\'tortgagee Shall have the power to appoint my agent. or agents it may desire for the, purpose of repairing said prem- ises: renting the Sam(!'. collecting the rents, revenues and income, and it may Pay out. of siert income all expenses incurred in rent- ing and managing the same and -of collecting the, rent:als therefrom. The balance remaining, if any, shall h0 applied toward filo discharge of the mortgage indebtedness. This assignment is to frrminale mal became null and void upon release of 'this mortgage.