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T1FIE MORTGAGOR FURTHER COVENANTS AND AGREES: i; \ That the Mortgagor will pay the indebtedness as hereinbetare provided. That the Mort¢agor_is the-:Owner a[ said property in lee simple and has good right a-rd lawful authority to sell and ^ convey the same arfd that 2tte same .is'[ree. and clear-of any lien or encumbrance; and that -Mortgagor will warrant and defend she title to said -premises- against ~tiie c}aims--oP-alt persriris whomsoever. - - - - Ta pay iMmediately when due -aml payable all general taxes, special taxes, speciat assessments, water charges, sewer serv- ice charges, andofher taxes and charges against said property. anri all taxes levied on the debt secured hereby, and to furnish the - Mnrtgagee, upon riquesf, with [he original of duplicate receipts therefor, The Mortgagor agrees that there shall be added to each monthly payment required hereunder ar under the evidence of debt secured hereby an amount estimated by the binrigugea to be sufficienE.to-.enable the Iu[ortgagee to pay', as they become due, all taxes, assessmenls. and similar charges upon the prem- - ~,.,~ tses :object thereto; any deficiency because of the insufficiency of such additional payment shall be forthwith deposited by the Mortga,-or with the Mortgagee upon demand by the Mortgage.•. Any rtefaule under this paragra pfi shall he rlremed a default in payment of taxes,- assessment, nr similar charges required hereunder. The Mortgagar agrees that there chap. also be added to each monthly payment of principal and interest required here- - J under an amount estimated by the Mortgagee to be sufficient to enable dce ;1lortgagee io pay, as it bcrr;mes due, the insurance ,7 premium on any insurance paltry delivered to the Mortgagee. Any deficic~ncv fwcaus.• ~,( the in.;ufTiciency of such additional pay- ' meats shall be forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Mortgage<•. Any default under this paragraph shelf be deemed a default in the payment of insurance premiums. If the Delis. or policies deposited are such as hi?me- awners or a}I risk )wlicies. and the deposits are insufficient to puy the erlire prec?ium, the Mortgagee may apply the depo_si{ to pay premiums nn risks required to be loco rMl by this mortgage. Payments made by the Mortgagor under the above paragraphs may, at the option of the Mortgagee. be held by it anri commingled with ocher such funds or its own funds fcr the payment of such item., and unfi{ so applied, such payments are hereby pledgers as srxurity for the unpaid balance of the mortgage indebtedness. To procure, deliver io. and maintain for the benefit of the ivtartgagce during the life pf this mortgage original policies and renewals thereof, delivered at least ten days tmfore the expiration of any such palirie>, insuring against fire and other insurable hazards, casuattiea, and contingencies as the Mortgagee may require, in an amount equal to the indebtedness secured by this Aiort9age. and in companies acceptable to the A~fortgaeee, with lass payabfe clause in favor o, and in farm acrepfahle to the Alortga- - gee. In the event any pnlicy is not renewed on or before ten days of its expiration, the ~Sortgagee may err cure insurance on the improvements, pay the premium therefor, and such sum shall become immedcately clue and payable with interest at the :ate set - farth in said note until paid and shall he secu reKt by this mortgage. Failure on the part of the Mortgagar to furnish such renewals as are herein-required or failure to pay any sums advanced hereunder shall. at the option of the Mortgagee, constitute a rtefault under the terms of this mortgage. The delivery of such policies shall, in the `,vent of rlrPault. constitute an assignment of the mr- earned premium. - Any sums received by the tortgagee by reason of loss or damage insured against may he retained by the A9arlgagee and applied toward the payment of the debt hereby secured, or, at the option of the Mortgagee, such sums either whol{y or in earl may be paid over to the b9ortgagor to be rued fo repair such buildings or to build new buildings in their place or for any other purpose or object satisfactory to the-Mortgagee without affecting the tier ar. the mortgage for [he full amount seeurerl here by before such payment ever took place. To promptly repair. restore or rebuild any buildings ur improvements now or hereafter on the premises which may be- come damaged of destroyed; to keep said premises in good condition and repair and tree from. any mechanic's lien or other lien or claim of }ten not expressly subordinated to the tier, hereof: oat to suffer or permit any unlawful use of or any nuisance to exist on said property not to permit waste on said premises, nor to do any other act whereby the property hereby conveyed shall bernme }ass valuable, nor to diminish or impair its value by any act or omission to aM: to comply with all requirements aC law with respect to the mortgaged premises and the use thereof. That should the premises or any part thereof be taker. or damaged by reawn of any pubhr improvement or conz}emnation proceeding, or under the right of _•minent domain, or in any other manner, the '?tortgagee shall be entitled to all rnmpensatinns, awards, sod any other payment or relief therefor, and shalt be entitled, at its option, la commence, appear in and praseettte in its own name any action o: proceeding, or io make anY compromise or settlement in cnnpection with such taking ar damage- All such rnmpenastion, awards. damages. right of action and proceeds are hereby assigned to the Mortgagee, who ma;•. after deducting t}tee~t-rom a}} its ~pensee, rel€+ase any moneYS so received by ik or apply the same on any indebtedness secured hereby. The. Mwt• gagor agrfzs io- execute such €urther assignme-nta of any ~ compensation, awards, damages, and rights of sctian and -prrx-eerts as the -: Merisagee maY require. - - - - - That in case of failure to perform any of the cuvenanls herein. the Mortgagee may do nn the Mortgagor's behalf everything - so covenanted: that the Mortgagee may also do any act it may deem necessary hr protect the lien thereof: that the Mortgagor will repay upon demand any-moneys paid or disbursed by the Mortgagee for any of the above-pu ceases, and such moneys together with ~-- - interest thereon at the race provided in said note shall become so much additional indebtedness hereby secured and may he in- cluded in any decree foreclosing this mortgage and 6e paid out of the rents or proceeds of safe of said premises if not oiharwise _ paid; that it shall not be obligatory upon the Mortgagee to inquire into the validity of any lien, encumbrances, or claim in ad- .~~ van~sg mOZteYa as above authixriaed., but nothing herein rontained shalt be construed as requiring the Mortgagee !o advance any -- - asttaya~€tu arty ~tchpurposa nor to do say act hereunder; and that Mortgagee shelf not incur any persunat liability 4recause at any- ,.° thieg it may ~ or-omit to do hereunder. - - In the event of the default by Mortgagar in the payment of any installment, as required by the Note secured hereby, or _- in the performance of the obligation in this mortgage or in the note secured thereby, the Mortgagee shall be entitled to declare the - debtaecwmt heretty due and-payable without notice, and the Fortgagee shall be entitled at its option, without notice. either by itself or.byi a ieceiver to beappo}rated by the court thereof, and without regard to the adequatry• of any security fc?r the indebtedness se- c+tted hereby`. to enter upon grid lake pnsRe$sinn- rat 4he mortgaged peemisea, and to rntlect and receive the renta, issues and profits thereat aitd apply We setae, Tess-casts of operation and mlleetioit. upon the indebtedness secured by this mortgage; said rents, iaaires'ertd pruii'Es~bring hereby assigned to the Mortgagee as further sentrity for the payment of al! indebtedness secured hereby. - The Mortgagee shall have the power to appoint any agent or agents it may desire for the purpose o{ repairing said ptem- isea; renttag the scene: collecting the re.,nta, revenues and income, acrd it rosy pay out of said income elf exp<•nses incurred in rent- itig and managing the ssiife-atxt-of colleding the .rentals therefrom. The balance retasaining, if any, shall be applied toward the slor~r*e o€ -the otoxt~gge indebtertlnens, This aseigrunemt is to terminate and become-null and void upon release of this mortgage.