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r 83"""006301 'lb have and to hold the property described, unto the said 1tbrtgagee or Mortgagees and to its successors and assigns, forevel'. provided always, and these presents are upon the express condition that if!lortgagor, its, his, her or then- heirs, personal representatives, successors or assigns shall payor cause to be paid to the. said ~brtgagee and to its successors or assigns the S\II1 of ene Hundred Sixty Thousand and Ninety Six <bllars and 16/100 --- ($160 09fl In, presently advanced and the am:mnt of :future advances to the 1tbrtgagor lIbich together with the aIlDUI1t presently ndvanced shall nut exceed the total sun of Ole Ifundred Sixtv Ebur 'TIlolli'laIln fhlln,..,. ann no 11 00 , . ($1A4 noo 00 at: anyone tine unpaid and outstanding, due and payable, with interest, =rding to the telll5 of the M:lrtgagor's Note(s) evidenCing such advances, it belngLheinte11tiOl1 and ~t of the parties that the !.t>rtgagor will fJ"OlTl ture to t1lre :repay advances secured by this 1>brtgage according to the terns of ~te(s) evi.dendng the SanE and the Abrtgagee fran UIIE to tinE rmy, at its option, !llI\ke future additional advances and ~ces and renew or extend Note(s) evidencing outstanding inOObtedlles.s whic:h shall be secured hereby; provided only that the total principal 9llDUDt of unpaid indebtedness secured by this Abrtgag-e shall not at anyone tiJre exceed the rmxinun rurount above stated plus any advances to protect the security, chen these presents shall be void, otherwise to be and ramin in full force. ~brtgagor further covenants lmd auces, \vi th ~brtgagef', as follows: L ~. 'It> pay the .i.udebtedna;;s and rhe tntt'"rest then?<:>n as provl.ded L'l this Mortgage and the Note. 2. '1'i tle. !.brtgagor is the ~er of the Propf>l'tl', has; the rig,.'1t IlllU authority to nnrtgage the Property, and warrant;; that. 'he Hell ereated ooreby is a first and prior Lien nn the ProPerty. 3. Taxes, Assessmmt~. To pay when due 1<11 taxes, GDeci.al flSSeSS- nents and all other <,barges agIllllSt the Property and. upon written demand by Mortgagee, to add to the payrrents required under the Note secured ~h(>reby, such !l.lIDunt a.'i> llRY be sufficient to enable the ~lortgagee to pay such ta.'<eS, as..'>eSsrrents or other charges as they be,::orre due. 4, Illb'Ul'lUlce. To keep !.he il1l)mverrents na.v or hereafter iocated "n tfw real estate described herein insured against ~'e by fire and such ntheY' hazards as ~brtgag1')E' may require, in am::>unts and <'.atpanies accept~l,1<., to the ~lort~€":;, and with loss payable to the ~brtgagee. In Cll-"le of la;; cinder such o:Jlltlranise, in its discretion, all daiJns thereunder and at its soh; Gption is authorIzed to elther apply tne proca"<1s to ehe restoration of the Property or UjXln t:he :indebtedn€SS secured h'lI'!o.>by, but payrrents here- under shall continue lmtil the SllllB secllI'ed hereby are paid in full. 5. Repair, Maintenanoo and Use, To P1'l':lnJlt Iy repair, restore or reouild any build:ln!l:S or :ill'4'>roverrents now or hereafter on the PnJperty; to keep the ProPHrty ill good coodition and repalr, without waste, and free flXJI1l -3- u L -l L