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TIKE Mt7R'15GAfY}R E?tiRTHfi$ t7DVENANTB AND A~TtEF'S; That 71~~, f ~'i1 G ! the- Mtagor wffl; pay the ind,ebtei3nexs as heseinbefgrre provided--- „i„ That the Mortgagor _i& the- owner of said y. roperty in fee ample and has good 'right and lawful authority to sell arni rnnvey the samsaad that the sorbs isfree and-clear of any lien or encur~aYanee; send that Mortgagor will warrant and deferxf trie- title Lv said premises against the-claims of all perfom whomsoever: To pay immediately when date and"payable at} gettera- taxes; syeciat lazes, special assessments. water charges, sewer serv- ice charges, and ether taxes and charges against said profxrty, and all taxes levied vn the debt serurwi hereby, and Lo furnish the Mortgagee, upon request.-with the original or duplicate receipts therefor. The !ltvrigngor agrees that there ;hall be added to each monthly payment required hereunder or under the evidence of debt secured hereby an amount esiimateri by the Ivtortgagee to be svt3icient. tti enable the 2vforfgagee to pay, as they become due, all taxes, assessments. anal similar charges upon the prem- ises subject thereto; any rteficienc-y because of the insufficiency of such additional payment shall be forthwith deposited by the Mortgagor with the Mortgagee upon demand by the lforigagee Any default under this paragraph shall he deemed a default in payment of taxes, assessments, nr similar charges required hereunder. Tha Mortgagor agar-es that there shall also '.re added to each monthly payment of principal anG interer5t required here- under an amount estimated by the Mortgagee to be sut&cient to enable the Mortgagee to pay, as it becom.•s clue, the insurance premium nn any insurance policy delivered to Lhe Mortgagee. Any deficiency taecause of the insufficiency o[ such additional pay meif#s shall he forthwith deposited by the Mortgagor with the Mortgagee upon demand I,y the Mortgagee. Any default under this paragraph shaft be deemed a default in the payment of insurance premiums. If the policy ar policies d.•pn:it.•d are such as hvme- owoers or all risk polic-ias- and the deposits are insufficient to pay the entire premium, the Mortgagee may apply the detxrsit to pay premiums on risks required to he insured 6y this mortgage. Payments made by the Mortgagor under the above paragraphs may, at the option of the Mortgagee, }.e held by it ens carnmingletf with other such funds nr its own funds far Lhe payment of such items, and mrti( so applied, such }:ayments era hereby pledged ax security for the unpaid balance of Lhe rnurtgage indebtedness. Tv procure, r?a)iver to, and maintain for the benefit of the Mortgagee during the rite of this mortgage original puhcies and renewals thermrf, delivered at least ten days be[om the expiration of any such policies, insuring against fire and other insuratale hazards, ctsuaffies, and contingencies as the Mortgagee may require, in an amount equal to the indebtedness secured by Lhia Mortgage, and:in companies acceptable to the Mortgagee, with loss payable clause in favor of and in form acceptable to the ,liortga- gee. in the event .any policy is not renewed on or before ten days of it expiration. the Mortgagee may prxure insurance ur; the improvement=, pay the premium Lherefur, and such suns s}:al1 k;Frsme immediately due and payable with infer«se ai the role stt forth in said note until paid end shall be ,ecu red by this mortgage. Failure vn the part of the 3inrtgagor to furnish such renewal=_ as are herein required or failure tv pay any sums advanced hereunder shall, at the option of the Mortgagee, constitute a default under the terms of this mortgage. The delivery of sue}, policies shall, in the event of default, constituter an assignment of the un- earned premium. Any sums received by the Mortgagee by reason of loss nr damage insured against may tee retained by the Mortgagee. end applied toward the payment of the debt hereby sc-cured, nr, at the option nt the Rortgagee, such sums either whrliy nr in part may be paid over to the Mortgagor to tae used to repair such buildings ar to build'new buikhngs in their place or for any other purpose or object satisfactor}• to the Mortgagee without affecting the lien on the mortgage for the full amount secured he; e"- by before such payment ever took place. - Tu promptty repair, restore or rebuild any buildings or improvements now ur hereaRer on the premises which may be- come damaged or destroyed: to keep said premises in good condi floe. and repair and fret' from any mechanic's ben or other lien or claim of lien not expressly subordinated to the lien hereof: not Lo suffer ur permit any unlawful use of or any nuisance to exist on said property nor to permit waste on said premises, nor to do any other act whereby the property hereby conveyed shall became Less valuable. nor to - rainish or impair iw vat-u~ by - --. ~. .-,.....~_,-, ,., ,.c -. L.? ,•nmplr with all rnvuiremens of law with rz~spect to the mortgaged premises and the use thereof. That should the premises w any part thereof be taken ur damaged by reascm of any public improvenetit~or crohder}tfiation proceeding. or under the tight of eminent domain. or in any other manner, the Mortgagee shall be entitled !n alt campensatians. - awards, and any other payment or relief therefor. and shalt be entitled, at its option, to commence, appear in sell proeeCttte 'in §~ own name an}• aCGan ar proceeding, or tcx ,rake any Compromise or settlement in casnection with such taking or damage. Alt such compensation;- awards, damages, right ai action and proceeds are hereby assigned to the Mortgagee, who may, after deducting thetrefrom a21 its-ezponses, release any moneys so received by it or apply the same nn any indebtedness seaevred hereby.-The Mart• --- --gagor'agrees-to-gxecate sash further aasigmrtents of any compensation, awards, damages, and right of action an.l prott-ads as t}te Mortgages may require. That in case of failure to perform any u( the erovenanis herein. the Mortgagee may do an the Stortgagur's tw~hait rverylhing so covenanted; that the Mortgagee may also do any act it may deem necessary to protect the lien thereof: that the Mortgagor will repay -upon demand any moneys paid or disbursed by the Mortgagee for any of the above Rurposes, and such moneys together with interest "theieon at the rate provided in said note shall become so much additional mdehteriness hereby secured and may he in- cluded in any decree foreclosing this mortgage and be paid out of the rents or proceeds of sale of said }aremises if not otherwise paid; shat it shall not be oWigafory upon the Mortgagee tv inquire into the validity of any tic•n. encumbrances, or claim m ad- vancing moneys as above authorixed,lwt nothing herein ccmtained shall tae construed as requiring the Mortgagee to advance any moneys for any each purpose nor to do any act hereunder, and that Mortgagee shall nM incur any personal liability because of any- thing it may do or whit to do hereundee. In the event of the default by Mortgagor in Lhe payment oP any installment. as required by the Note sacu and hereby, or in the performance of the obligation in this mortgage or in the note secrured thereby, the Mortgagee shall be entitled to declare the debt s ,cured hewhy due and payable without notice, and the Mortgagee shall he entitled at its option, without notice, either by itself or,.6y'is ~receiyer'to be appointed 6y the-court thereof; and without regard to the adequacy of any security far the indebtedness se- eitied Hereby, tR enter upon and take pos§essibif of the mortgaged premises, and to collect and receive the rents. issues and profits ttierenf, argil apply _the same, .less Casts of operation and calleCtivn, upon the indebtedness secured by Lhi_a mortgage: said- rents. i~uea and profits being hereby-assigned-to-the Mackgagee as [urthar security for rho payment of a!1 indebtedness secured hereby. - The Mortgagee shall have the power to appoint any agent or agents it may desire [or the purpose of repairing said prem- .. leas; renting the;ggrrte.;, collecting, the rents, revenues and income, and it may pay out of said income alt expenses incurred in rertt- - - - - ing end -managing-the same and o7 collecting the ~ rentals therefrom: 'the balance remaining, if any, shall be applied toward the discharge-of the m4;tgage iadebtedneae..This assignment is tv terminate and become null and void upon release of this mortgage.