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aforesaid and all costs, charges, expenses and payments properly incurred or made in maintaining, defending or realising his rights hereunder  and executors, administrators or personal representative.  PROVIDED FURTHER that the aforesaid power of taking possession or selling of the said Motor Vehicle/ Personal Computer shall not prejudice the right of NGIF to the dues the Borrower or his personal representatives for the said balance/ remaining dues and interest or in the case of the motor vehicle or personal computer being sold the amount owing AND the Borrower hereby further agrees that so, long as any moneys are remaining due and owing to the NGIF he, the Borrower will insure and keep insured the said motor vehicle or personal computer against loss or damage by fire theft or accident with an insurance company to be approved by NGIF and will produce evidence to the satisfaction of the NGIF that the motor insurance company with whom the said motor vehicle/ personal computer is insured have received notice that the NGIF is interested in the Policy.  AND the Borrower hereby further agrees that he will not permit or suffer the said motor vehicle/ computer to be destroyed or injured or to deteriorate in a greater degree than it would deteriorate by reasonable wear and tear thereof AND further that in the event of any damage or accident happening to the said motor vehicle/ personal computer, the Borrower will forthwith have the same repaired and made good.

Contd….3/-

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