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9��3�s9 advances that may be made by Mortgagee to Mortgagor. To further secure the performance of the covenants herein and the payment of the above-described obligation to the Mortgagee, the Mortgagor does hereby grant unto the Mortgagee a security interest in the following property: A. All buildings, improvements, fixtures and appurtenances constructed and which may be constructed or located upon and affixed to the real property described above; B . All fixtures, equipment and furnishings used or to be used in connection with the operation of the described premises; and C. All proceeds of collateral . The Mortgagor hereby covenants and agrees as follows : l . Mortgagor is the owner in fee simple of the mortgaged premises, and they are free and clear of encumbrances, subject only to mortgages of record as of this date, and Mortgagor has a good right to sell, convey and mortgage the same as aforesaid; that the premises are free and clear of all general and special taxes, liens, charges and encumbrances exempt said existing mortgages; and that Mortgagor will warrant and forever defend the title thereto against the lawful claims of all persons whomsoever. 2 . Mortgagor will pay the above-recited debt and any amounts becoming due under the Mortgage and interest thereon when and as the same shall become due whether in course or under any covenants or stipulation herein contained. 3 . Mortgagor will keep all buildings, fences and other improvements, if any, on the mortgaged premises in good repair, and they shall not be destroyed or removed without the consent of the Mortgagee, and Mortgagor will not commit or allow any waste upon said premises, nor do any other act whereby the property hereby mortgaged shall become less valuable; that the premises shall not be used for illegal or disreputable business or used for purposes which will injure or render said premises unfit or less desirable for their present uses and purposes; that no unnecessary accumulation of combustible material shall be permitted on the premises; that all fixtures now installed, or which may hereafter be installed, or about the improvements of said premises shall be kept in a good state or repair so that the same may be suitable and useful for the purpose for which they have been or may be installed and so that damage will not result in the improvements or any portion thereof from a failure to maintain such fixtures in proper 2