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{ i ~ ~ '. THE MOi>:TCiAGOR FURTIiER CC}V'ENANTB' ANT:tr AGREES ,~ ~ ai~a ~ t~ ~~ ~'~3 - ~ ^ '''. That the Mortgages ayill pay the indebtedness as.l]ereiRbefarg prov~drd> t^ .. • - - That the Morigagor'is the dWner of said property in fee simple and has =rind right and lawful authority to sell and - - convey the same.en~~ that t2te-iiame'fs ties=ayd,c9ear of any lien ar encumbrance; and that Marfgagoi-wil},warrant and•defend-ttse title to said 'premises against the a}aims of alt persons whti6n~ever. `z r - _ To pay. irfimedletety when due and payable at! genera! taxes, spatial taxes, special assessments, water charges, `sewer sere-- ... ice charges, ar]d ~tt]rr tuxes and charges against said property, and at[ taxes levier! on the dent secured hereby, snd to furnish the Mortgagee, upott~-raqurst, with°the originel,arduplicate receipts therefor. The Mortgagor agrees that there stall be;adde.3,tu.- each monthly payment required hereunder or under the evidence of debt secured hereby an amount estimated by the Mortgagee to be suffreient-lei'enable. the Mortgagee to pay, as they lx•come due, a!1 taxes, assessments, and similar charges upon the pr@m• -. ilea subject thereti>; any deficiency because of ihr in~uffn•irncy of such additional payments shall he forthwith deposited by the - Mortgagor with the Mortgagee upon ekrmand by the Mortgagee Any default under ±his paragraph shall he deemed a default in -'payritent-af taxes, asaessmenta, nr similar charges required hereunder. - - - ' ~ The Mortgagor agreer;l that there shat} also t]e added to each monthly payment of principal ar:d interest required.nere- - ~ unda•r an amount estimated hr the Mortgagee to he stdficient to rnablc• the Mortgagee to pay, as it becomes due, the insurance premium on any insurance policy delivered fo the Mortgagee Any deficiency herause of the insufrciency of such additional pay- ments shalt ttr forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Mortgagee Any default under this paragraph shalt 6e dermid a default in the payment of insurance premiums. If the policy or poticirs d<-•pocited are such as home- owners -- alt risk }x>licirs, and the deposits are insufficient tc pay the entire premium, lhr Mortgagee may apply th<~ deposit to pay premiums on risks required 1n 1]e insured by this mortgage. Payments made by the Mortgagor under the shove paragraphs may, at the option of the Mortgagee, tx• held he a ant} ' commingled with other such funds or its own funds for the payment of such itrrns, and until so applied, such payments ar.~ 't:erc't, -- pledged as security for the unpaid balance of the mortgage indebtedness To prcuur.. dehvr•r tr--, and maintain for the benefit of the Mortgagee during tbcr lifer of this mertgage origins! }xdicies and _ rem=ovals thert•ed, deltce red at least ten days Ftrfore the ex pi r-.]tian of any such }solicie>. msu ring against fire and other insurnblr hazazda, casualties, and contingencies a3 the Mortgagee may require, in an amount equal to the indebtrdnosa secured try this _- Mcrtgage, and in cf;rtpaniea a ~ epta tale to the Mortgagoa•, with less payable clause in favor of and in farm atteptafile to the MorFga- ,gee. Yn the event am~ policy is not renewed on ur trafnra tc-n nays of itm ezpir]tinn, the Mortgagee may }xorure insurance on the improvements, pay the premium therefor. anti such sum shalt hec•~rme immediate-ly due and }]ayahie with interest at the rate vet fc]rth in said note3 until paid and nhalt tx^ .se•cirrid !>p thi rtmortnagr F'ailurr nn the part of the Mortgagor to furnish such renews}s las arm herein required ::r failure be prey ar]y -ums acivare•ev} hereunder ,hat!, at •he option of the Mortgagee, ecrr:stitute a default under the terms of ihi+ mortgage. '}'he delivery o[ such pnhrir, shall, to the event of default, cnnctihrte an assignment nt the un- - earned premium. -- An, sums rviceicrd by thc• Mr~~rtgager he reason of lu~•: nr damage insured against may tu• retained by tfie Mortgagee - end applied toward the }syment :~f the debt liere}sy sa-carrel. or, at the r;ption of [he Mortgagee, such sums either wholly or in ' part may ha }]aid over to the ?4lorig.~gor ter Fxr used to repair such buildings nr In build-new buildings to their plan or for any other purpast• or object satisfactory to the Murtgngee without affe-rting the lien on the mertgage for the Adi amount area rwl Kerr by t]efxsre such payment ever hxsk plate. To promptly repair, rastorr or rebuild any hnddu]gx err unlarnva•rnrnts now or he:eattrr on the premi:~s which may he- rnmP damaged or drstrnywt, in keep said premiss in gexsd nsndition soar n'patr and tea^r frf,m any mechanit'-s lien or either lien qr claim of lien not expre, wry setbaritnatcfE [t. Eht~ 1;+-n irerr,>i. not i . Puri.^r „r i:.~, nil. n ..:......... ..... .. .-- ., ..x.°. ~ t~• ~v•=r ~~ said praprrty nor to permit wavtr --] said premises, nor to dor-ny other art uhrre-t~~ the pnrtrrrty horrhv cnm•ryed shall Mrome te"ws valuable, oar to diminish nr impair itw value by any act nr umisci+m to ant- Us comply with ai} rrquireRtrnis of law with rt~pcrt to Rho rna.tg-agm-t }>rpmi~-..eaThat :huuid the pr=-.: is.. ~ e,r ar} ,•urt then i t ' u;,_er „r rr tmt.g..! t.. F.- - . .,£ 3n- t,sth:: •- ,Fr:, : `+ t...= . ...... ..... ..... proceeding, or under th<~ right r,f eminent dotuain. or in any other manner. the Mortgagor .shall be rntttlec! ter all rumttensatiorir:, awards, anti any oth.-r par! it=,t r,r mii~f thfgrt~t:rr, soft ~hatl ~= entitirrt, at its .;}riion, #a .z.mtn.-•nf~. apyrrar io Sri-t]rsrs~'°utir-iii its UwR name any aCtinrt nr prex'reding, ter In make an\' cornpromtar nr settlement It} enntYa^ftirrn - _ { t:r ttamaV,e- !fit SttClA ~"tttF rnth tat[iR-- trompeneallOn, aweKia, dama¢a•s, Ctpht of 94ttaliS seed pntcreais err hereby a4Ftgned to the Mnrlgager, v,'ho Riay', attar dpdrMtng tt+ereimm sit its axperwrs, release soy moneys so rxevnivrd by it ur apply the same ur any iruiehtrdnrs]: serUra'il hrmhy. `The• +.1rrt~ gagor agrees to exervte such furilrnr sttaignmrnts of arty t'on]}trnsatinn, awanls, ciamagrs, and rtxhta of action and praK~rrds eta the Mgrtgsger ntsy require. Thai in easa^ of fai{ure Ers perfc.rm any of t}rar ctsvenaerts herein. iha Mortgagop may do as ihr Mortrta}ttrr' }rhaif rvrrvthing so ivvenanted; that the Mortgagee may also du any act it may ck•rm nere~ssary to protect the limn thereof. that iha- \~tortgaxnr wttl s',',~ repay 4pon demand any manrys paid or ifiabu reed 6y ihr Mortgnger for a•-'• of the ahawe pur[xsrs, and Xuch m,~neys tugetter with interest thereon at iha kelp prtwided in said Hair shall become so much ariditianal indrhtec#ness hrreh]° serurrti and may he in- _ eluded in any decrrp foreclosing this mortgage and be paid out of the rents or proceeds <]f sale of said prerneseu if not otherwise paid; that it strap oat ttr obligatory upfm the Mortgagee to utyuirr into the validity n[ any Iron, rncumhrano,. r~r maim in ad- vancing motleys as strove authorized, but nothing herein contained shalt be c~x]strued as requiring the Mortgagor to advstit~ any '•`a~.- tnorreys for arty such purpoee riot to do any art hereunder, and that Mortgagee shat! nut incur any txrstmat ttat>t##ty hrcavsa of any- thing is may do or omit tit du heravnctar. In the event of the ttrfauit try Mvrigtigor in the paytrtr]tL of any installment, as regnireci by the Note sceurrd hereby. or _. - in iha perfarmttnce of the obi}gallon }n th}s mortgage nr in tl]e note securer! therebu, the Mortgagee shalt he rntittec! to declare the ttebt aserttr~d heretzy dvt~ and payable without Roticr, and ti]e it7ortgagrr shall ise c+ntitlcct at its option, without notice, either by ipaetf itt bx a.tt?Ceiver tt+l+t sltpointad by the court ttierenf, and vt?thout mgar=d to the adeyuacy of any security trx the entiHbtctitu+as ~- cuKatl hereby, to rotezr upon turd take lxxaieaaion of the mortgaged premises, and kt roilret seal receive the rents. issues and profits ttiereoi, slid apply the satrir, less mats of operation and ctsllertinn, upon the irteiebtedness srcuiwd by this nrartgage; said rents, iaairea seat proAts bring her$byasstane d to the Mcrit[aga+eas taritser srruritY for the payrru+nt alt sit itxirhtrdnesa secured hrrehy Tttr Mortgagee shalt have the power to apt]oint any agent or agents it may desire for the purpose of repairing said prem- iaeaE; renting iha same; coHectinlf the rents, revenues and ir]ratrte, and it may pay out at said inewr]e alt pxper+aps inrurrrri trt rpnt- ittg sad mtigtiging the same and of ~tle.ting the rentals therefrom. The balance remaining, if any. shat! t'P applied toward the dischatife of-the mortgage indebtedness. Thla assignment iv to terminate amt become null and void upon release of this martgsge. ~.