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r' ,- 83-tJOl0oi been paid when due; and shall perform all and singular the covenants and agreements herein contained; then the estate hereby granted shall cease and this mortgage become null and void, and be released at expense of mortgagor. Final payment on said note to be due the 1st day of March, 1984, And the said mortgagor does hereby covenant and agree to pay, or cause to be paid, the principal sum and interest as specified in said promissory note including any and all advances made under the provisions as set forth in said note, together with all costs incurred and paid by mortgagee in maintaining the priority of this mortgage or in foreclosing the same. And the mortgagor further covenants and agrees to pay all legal taxes and assessments levied on said real estate, and all other taxes, levies and assessments levied upon this mortgage or the note including advances which this mortgage is given to secure, under the laws of said state or the United States fifteen days before any penalty for non-payment attaches thereto; also mortgagor will not commit or suffer waste on said premises, and will keep the buildings thereon in good repair and insured against fire and windstorm in insurance companies acceptable to mortgagee, and assign and deliver to it all policies of insurance on said buildings, and the renewals thereof; and in case of failure to do so, said mortgagee may pay such taxes and assessments, make such repairs, or effect such insurance; and the amounts paid therefor, with interest thereon from the date of payment, at the rate of Sixteen percent (16%) per annum, shall be secured by this mortgage and shall be collectible with, as part of, and in the same manner as the principal sum hereby secured. Insurance loss funds, if not by agreement used to rebuild or repair will be applied first upon past due principal payments, second upon final principal pay- ment and third upon principal payments next preceding final payment, It is further agreed that the rents and revenues of said real estate are hereby pledged as security for the payment of said debt; and that in case of foreclosure of this mortgage for any cause, the holder of same shall be entitled to have a receiver appointed to take possession of said property pending fore- closure, sale and redemption, and to collect the rents of said real estate, and apply the same to the payment of said debt and interest and costs of suit, all notwithstanding such premises may be the homestead of one or more of the defendants, and notwithstanding the parties liable for said debt may be solvent. The separate estate of mortgagor is pledged and shall be bound for the payment of the debt hereby secured, And whereas mortgagor in making application foro this loan has made cel'tain -2-