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THE MORTGAGOR FURTHER COVENANTS AND AGREES;. - That-the Mortgagor will pay the irtdebtednes~ as hereinbetore--provided, - - ~~ That the Mortgagor is the owner of said property in fee simple and has good right oral lawful authority to set! and convey the same and~that the eame•is free'and dear of any lien or encumbrance: and that Mortgagor wilt warrant and-de[ertd the - _ title to said premises against the claims of all persons whomsoever. To pay immediately when due and -payable all general taxes, special faxes, special assessments, water charges, sewer serf- ice charges. and other taxes and charges against said property, and all taxes levied on the debt secured hereby, and to furnish the Mortgagee, upon request, with fhe original or duplicate-receiptstherefor. The M¢rtgag¢r~ agrees that there shd!! be added to each monthly payment required hereunder nr under fhe evidence ¢f debt secured hereby an amount estimated by the Morigagee to be sufficient to enable the MoNgagee to pay, as they become due, all taxes, assessments. and similar charges upon the prem- ises subject thereto; any deficiency because of the insutFciency of such additional payment shall he forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Dlortgagee. Any default under this paragraph shall he deemed a default in payment of lazes, assessments, nr similar charges required hereunder. ~_ ~ The Mortgagor agrees that there shall also be added to each monthly payment ¢f principal and interest required here- under an amount estimated by the Mortgagee to be sufficient to enable the Mortgagee to pay, as it becomes due, the insurance {lremium ort any insurance policy delivered to the Mortgagee. Any deficiency because of the insufficiency of such additional pay- ' ~ menu shall Ire forthwith deposited by the Mortgagor with the Mortgagee upon demand by the Morgagov. Any default under this r-~1 paragraph shall he deemed a default in the payment nf~insurance premiums. If the policy or policies deposited are such a§ Fnrme- ~$d owners ¢r all risk paolicir•s, and the deposit err insuRcient to pay the entire premium, the Mortgagee may apply the dep¢se to -~ pay premiums nn risks required to be insured by this mortgage. ~~ Payments made by the Dinrtgagor under the above paragraphs may, at the option of the Mortgagee, be held by a and '. ~ c¢.mmingted with ¢thrr such funds nr is ¢w•n curds f¢r the pa}moot ¢f sueh items. and anti: s¢ applied. sac;: „aymants are- heree;y pieeigerl as secunty for the unpaid balance of the mortgage indebtedness. To procure, deliver to, and maintain for the benefit of the hfortgagoe during the life of this mortgage ¢riginal policies and senewals thereof, delivered at least ten days before the expiration of any such pnhcies, i ring against fire and other insurable harards, casualties, and contingencies as the Mortgagee may require, in an amount equal to fhe indebtedne.•cs secured by this M¢rtgage, and in companies acceptable to the 34ortgagee, with 1¢ss payable clause in favor of and in Form acceptable to [he hlnrtga: gee. In t}ae event any policy is not reneweat on ¢r before ten days of its exRiration. the Mortgagee may prucure• insurance nn the improvements, oay the ¢remium therefor. and such sum shall become immediately due and payable with ini~rrr-t at the :ate srt forth in said note until Raid and shall he secured by this mortgage. F:ailu re on the part u( the Mortgagor io hirnisie suirh rrn~waa as are herein required ur failure to pay any sums advanced hereunder :hall, at the option of the Slcrtgagee. <~. nstihrte a default under the terms of this mortgage. The delivarv of such policies shall, in the event of default.:onstirutr an assignment u( the un- earned Premium. Any sums received by the Mortgagee by reason of toss or dama„e insured against may he retained by [he .'vi arfgagee and applied toward the payment of the debt hereby su aced, n at the npuon of the Mortgagee, such sr either whnllp nr in t may be paid ~ ._: the Mortgagor to he tsed to such buildings or to build new buildings in~their place or r any other purpwe or object satisfactory to the Mortgagor wit•hnut afiec6ng the lien nn the mortgage For the toll am-,ant srrured hrre- 6y helot such payment ever took place. Tn promptly repair, restore a rebuild any huikiings or improvements now or hemaffrr nn the premises which may be- come damaged or deatmyed: to keep said premises in gemd cond;tion and rrspair and Free from a - echanid~ lip-n ii ether ben or claim of lien no[ expressly subgrdinated to the lien hereof: nut to sutler ter permit any unlawful use m( or env nursance to axis[ nn said property nor to Permit waste on said pn raises, nor to do soy other act x•herebc the proper y harehy c veyed shall become less valuable, nor to diminish o ropes! its ~~alue h„ a ;e . ~.r .~n.i...i,.n .~~ .,,'t .o ~ ~. lilt xeith ;Jt reeao; n•men ~nnf lax with r , ect to the mortgaged premises andrthe use Thereof.