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:. ,, $0~--vi~~ ~ ~ ~ The Mortgagee agrees to pay its pro rata share of the real estate taxes on the above described premises in respect of the 1980 tax year, which taxes may be paid during 1981 as permitted by local authority. The Mortgagee's pro rata share of such taxes shall be eight months and fifteen days. It is hereby agreed that, in the event the Mortgagee fails to pay its pro rata share of 1980 taxes, the Mortgagor may make such payment itself and set-off the amount of such payment against the amounts due under the idote secured hereby. ~11gt!}tt with all and atxYvJar eke buildings and improuereexta now Located or hereafter placed upon said property and any part tkareof, with their jizturea, machinery, equipnreret and appurtensneea and any and all additions thereto and ezttxaiorea thereof, and all and singular tka tene~nenta, kereditamenta, rights of way, taaamexta and appurtexaxeea thereunto betongixg. ~p~ ~(/O, all the estate, right. title, interest, p+opertg, paaseasion, claim axd demand wltataoever, as wet! in law as in equity. of said Mortgagor, oj, ix axd to the same axd every part and parcel tkertof, ~k tAe appurtenances: (~O ~iCt ~lpb tea ~~'-~ the above granted and described property urith the appurtenances unto eke raid Mortgagee, its sueceaaosa axd assigns, to its and their owx proper use. benefit and bslwof forever; Etta Hite said Mortgagor does covenant u*itk the scut Mortgagee that the Mortgagor is seised of an indejeasibte ertade is fee simple ix said property and wiu icarrant and jsrever defend the title Lkereof undo eke said Mortyragst against alt lautjul ctnims whatsoever; ~ItOtidtD .~14t=~l. and these presents are upon this express condition, that if the said 3iortgaygr- shall utell and trrly pay to eke Mortgagee all moneys secured htreby when eke same slra~lt 6saorne dse and- payable, uadkoui deduction or credit for any amount payable for fazes. t+teu these presents and eke ertads hereby grunted shall erase, determine and be -void; tls Mortgagor covananta and agreaa to pay to the Mortgagee the principal axd ixtereat owiwft on said Hots sad otltsr payeienta provided for therein and the printial and interest on wary utksr obtiyatiea aeeur hereby uxtkrtut any deduction or credit for any amount paid for tares assessed ar• to be arsesaed upon the mortgaged premirea; ~f Morigayor ayresa {a) That there uritl be added to each mUxthly payment required n.ereunder, ar render iju. evidssnce of eke debt secured hereby, an amount estirnatsd by .tiortgage€ to Le suf jicien' to enable ~[ortyagBe to pay at. leant thirty (~) days before they shall besam€ due, all rases, alglsatrnsfrda awei atlter s'ia-+Za•r cltargea against the above described premises. such added psyws.da alYatt wod be, or be deemed to ba, trust funds but may be commingisat with the ge»- eraG frads.of MsFrtgagee, and ~ ixtereat ska~ bt payable in respect thereof. Upon demand, 1[ortpsyor agrssr to deliver to ~(ordgagea suck additioal funds as are necessary tv make up au+y defiCisnEy as Lis aawuxt necesaarg to enable Mortgages to pay tkc forsgving items; {"bf ar altsrnatioeTy, at the option of tIu 4tottgagee> Mortgagor utitl dtirectly pay a1! lars~t aras.saenta, water Tanta ar other goaernixendal charges levied and axsesaed against t~ nrxMtyay4d propsXty ~ ikirty 1"3f-) days after eke same shall be due and payable; (al y'Ae Atertyagpr aia~t keep eke buildings on eke mortgaged property insurxd for eke brnsfit of the Mortgages against loss or damage by firs and suck nthtr hazards or the Mortr gr,~Iq,aAs4i[ tify, by :nsurara a>ad in amounts approved by the Mortgagee, and d€tiver nrcli-paligF,sr polieitrs sf isturance tQ tks Mortgagee; jd). Tkr~ortgagPr alaall kxrp tks tsuitdixga on the m4rtgagsd pro-psrtg iri re;~rtir axed caadition satistac~ry to eke ldortgagse.