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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 -TIME TO TIMEIM 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 CENT OF THE AMOUNT NOW OWING, EXCEPT FOR ANYADVANCES THAT MAY BE MADE TO PROTECT THE SECURITY IN ACCORDANCE'WITH THE TERMS OF THIS MORTGAGE. THE 'NIORTGAGOR FURTHER C01VENANTS AND AGREES:., That the Nlortgagor will pay the indchteriness as hereillbefore provided. That,the Mort,gagor is the owner of said property in fee simple and has good right. and lawful authority to' ,;Oil '1110 convey tit(' same and that tit(! same is free in(] clear of anv lien or encumbrance; anti that Nfortgagor will )xarrant and defend the title to said piernises against. the claims of all persons, whoinsoever. To pay immediately When due in(] payable all general taxes, special taxes, special assessnients, water charge.,;, sewerserv- ice charges. and'other taxes and charge.,, against sai.d property, in([ all taxes levied oil the debt. secured hereby. and to furnish the IvIorigagee, upon request, with the original or duplicate receipts therefor. Tile iNlortgagor agrees that there shall lie added to each monthly payment required hereunder or under the evidence of debt secured horeby tit aniount estimak.A by tile I%Ioirtgagee to be sufficielit to enable tile 1%lortgagee to pay, as they become due. all taxes, assessments, ,in(] similar charges upon the prem- ises siibject thereto; my deficiencY because of tile' insufficiency of such additional payments shall lie forthwith deposited by'the '%lort, gagor with tit(' Nlortgagee lipoll, demand by tit(, Nlortgague. Any defau.1t under this paragraph shall be deemed a default in payment of taxes, assessments, or similar charges required hereunder. 'I'll(- Mortgagor agrees that there shall also be adclod to vach monthly payment of principal and interv.�;t required here- under all aniolint estimated by tile. Nlortgague to be sufficient to enable tit(' Nlortgagee to pay, . as it becollies (In(-,' the insurance prenutini on any insurance policY delivered to tile NI'lortgagoo. Any deficiencY *because of tile insufficiency of-stich additionai pay- ments shall be. forthwith deposited by tit(- Nlortgagor with tile Nlortgagee lipoll demand by the Nlortgagee. Ali%, default. under this paragraph shall be deenied a th-fault in the paypient of insuranco premitinis, If tit(, policy or policies deposit -ed arvsuch as horne- owners or all risk policies. and tliv deposits are insufficient. to pay the 'entir(! preinitini, the Nlortgagev may apply the deposit to pay 13renihinis oil risks required to ]w insured by this mortgage. PaYinents made by (it(- Nlortgagor under the above paragraphs may , ;it the option of tit(, INIortgagee. lie held by it and mellt of such iterns, and until so applied, stiell payments are hereby Onlillingled with other such funds or its own funds for the pay pledged as security for the unpaid balance of tit(- mortgage indebtedness. To liroCtirv, deliver to, ;in(] maintain for the henefit of the Nlortgageiv (hiring tit(! life of this niortgage original policies and renewals thereof. delivered at least tell days bi.4ore the expiration of any such policies, insuring against. fire and other insurable hazards. casualties. and contingencies as the AI( )ritgagec may require. in ;tit -ainoutA equal to the indebtedness secured hv this Nlortgage, and ill companies accepta.ble to the ivIortgagee, with loss payable clause in favor of in(] in form acceptable to the Nlortga- gve. In tit(- event ally policy is not rejwwed oil or befory ten days of its expiration, the 1%lnrtgagve may procure insuranc(� oil A lie improvements, pay tit(- premium therefor, and such suni shall become ininiediat(II.N1 dile and I)ayable with interest at ill(, ratv set forth in said note until paid and shall be sectired by this mortgage. F,'lihAr(' Oil tit(, part of the Nlortga�ror to furnish such renewals - as ;ire herein required or failure to pay any lvanced lieretin(ter shall. at. the option of tit(' Nlortgagee. Constitute a (h.fault under the ternis of this niortgage, 'I'll(- delivery of such policies shall. in the vvent of default, constitute ,in assignment of t1w till- varned premium. Any stint., received by tit(- A,Iortgag(-(� by rvason (if loss or daniage insurvd against, filay he retained 1) * v tit(- ',\Iortgagee and applied toward the payment o f the debt hereb ' v svenred, or. at the option of the NlortgageO, such stints vither wholly or in part niaY lie paid over to ill(- 'Nlortgagor to be used to repair such buildings or to build new buildings in their place or for ;my other purpose or object satisfactorY to the jNrlortgagev without affecting, the lien oil tit(, niortgag(� for the full amount sectirod herv- bY before such paynient twor took place. To pronipily repair, res'lore or rebuild any buildings or illiprovernents no\\- or hereafter oil the promiseswhich niaY)w- conie damaged or destro i vvd� to keep said premises in good'condition, and repair and free from ,my mechanic's lien or ot!,.er lien or clailli of liell not expresslY subordinated to the lien livroof: not to stiffer or perlilif ally unlawful use (if or in\, it ifisance to exist oil said property nor to permit waste on said promises. nor to (to any other ,let. whereby the property hereby conveyed shalt become less valuable nor to diminish or impair its valne by ally aet or onlissioll to :let:. to complY willi all requirvinents of law with resj�ect. to tliv mortgaged premises and the use thereof. That Illotild ill(. premises or ;tit.\, part thereof he taken or damaged by reason of ,tit ' v public improvement or condemnation proceeding, or linder the right of eminent-donlaill, or tit ;tit ' v other inanner. ill(, fUortgagve sliall lie entilled to all corlipellsations, awa,ds, and ;my other payment or relief therefor. itild shall he entitled. at, its option, to commence, appear in and prosecute in its own naine any 'action or proceeding, or to make any compromise or settlement in connection with such taking'or damage. ,\It such (.1mipensation, a%vards, flainages. right of action 'and proceeds are hereby a��:;ignvd to the '\Iortgave. who nia.v, after deducting therefrom all it.,;.expenses. release any moneys so received bY it. or apply the sulnu oil any indebtedness secured hereliv.The Nlort- gagor agrees to exectite stich furlher assignments of any compensation. awards,'darnages. and rights ofaction and proceeds as file Nlortgagev inay require. That in case of failure to perform any of"the covenants herein, the Nlortgagee may do oil tit(, Ivlortgagor's behalf everYthing so covenalited: that tile Nlortgagve may also (to my let. it may devni necessary to protect the lien thereof; that tit(, Nlortgagor will repay upon demand any moneys paid or dishursed bY tit(, Alortgaget, for anY.of the aboVe purposes, and such monevs together with interest thervoli 'at the rate provided in said note sliall become so much additional indebtedness herf-bY serti . red all(] may be in-, cluded in my 'decrev foreclosing this mortgage and lie paid out. of the rents or proceeds of sale of said premises if not otherwise paid: that it. shall not. he obligatory upon flie Nfortgagee to inquire into the validity of any lien, VoClAillbrances. or claim in ad- vancing nioneys as above authorized, but. nothing herein contained shall he constr�uvd as requiring.the Nlortgh,�ve to advalice ally nioneys for tit\, such purpose nor to do my act hereunder: and that Nlortgagev *.,;hall not incur ;in,\, personal liability becallso of all-, - thin, it maY do or on -tit to (to hereunder. In tile twelit of the. default bY INIorigagor in tit(, payinent, of any installment. as required by tit(- Note secured hereby, or in the performance of tile obligation in this mortgage or in the note secured thereby, the Nlorigagee shall I)v entitled to duclare the debt secured hereby (Ill(- and payable without notice, in(] the Nfortgagee shall lie entitled at its option, without notice, either by itself' or by a receiver to lie appointed by the court thereof, and without regard to tit(- adequacy of any security for the indebtedness se- cured hereby, to en ' ter upon and take possession of the mortgaged premises, and to collect and receive the rents, issues and profits thereof, and apply the same, less costs of operation and collection. upon the indebtedness secured by this mortgage; said rents, issues and -pi:ofits being hereby assigned to tit(, Mortgageo is further security for the 1) ayment of all indebtedness secured hereby. The Nlortgagee -.hall have.the power to appoint my agent or agents it may desire for the purpose of repairing said prem- ises: renting tit(- same: collecting the rents, revenues and income, and it may pay out of said 'income all expenses incurred in rent- ing in(] managing the same and of collecting tile rentals therefrom. Tile balance remaining. if any, shall lie applied toward thp discharge of the mortgage indebtedness. This assignment. is to terminate and become null and void upon release of this rnortgrige..