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86- #00460 terms cf said note and any instruments taken in refi- nancing, extending, or renewing said indebtedness or any part thereof, (b) :Any futu=re advance is) , with interest, Which may be made from time to time by Mortgagee, at its option, to mortgagors, or any of them or their succes- sors in title, for any purpose, including, but not limited to, initial and future .advances for the purchase of Mass B stock and,'or Participation certificates of the Mortgagee as raq�.red by Ma- tgagee's bylaw's and by determination by the _mortgagee`s Boar: of Directors under said bylaws, pursuant to federal law, to support the outstanding indebtedness, in any amount or amounts, provided, however, that such future and additional advances) shall be so _mailed that the total principal amounts outstanding at any one time shall not exceed the sum of sixty -'line Thousand ri•a Hundred and Nol1JG -Dollars {569,500.00), plus said advances for purchase of Mass B stock or participation certificates of the Mortgagee; and provided Further the future advance (s) so made shall be payable in accordance with the tens of a promissory note or notes which may be taken to evidence such advance (s) or -==--v Paz-t thereof. (The optional advance (s) herein au=thorized shall be con - sidered additional to the advannce (s) hereinafter = authorized to be mane by --he mo �gagee fr,r the protec- tion D- the security or Mortgagee's interest therein-) This mortgage to be void upo, `_ ^e ; a••-�enZ �. fu11 3ai th interest of all obligations, present or itit'are, secured or to he secured hereby. The Mortgagors, and each of teem, hereby warrant that they are fee owners of the mortgaged real oropertt:- that they will defend the title against all claimants w%Pomsoe-, er, and they relinquish all rights of homestead in said oren-f ses, an-d cover -ant and ag= with the Mortgagee as follows: To ply when dale all taxes, liens, Judgments, or asses s - .sents which say,- �✓e aw ry 117Y assessed cgai nst the property herei -n :acrtgaged, and the rental charges uron any 12nSes assigned as additional security for this mortgage. i?) Tc insure and keep insured buildings and other improve - ments now n or which oral- hereafter re placed on said premises to the satisfaction of the Mortgagee. �_.y policy evidencing such insurance shad be endorsed with a mortgage clause, approved by and in favor of Mortgagee, and deposited with, loss thereunder to be payable to, Mortgagee as its interest may appear. At the option of Mortgagors, and subject to general regulations of the Fazes credit Administration, sums so received by mortgagee may be used to pay for reconstruction of the destroyed improvementis);