If I have a mortgage on a house, does the bank pay for repairs?

such as a bad roof, plumbing, etc. If the home gets destroyed before the mortgage is over, am I still responsible for payments? Do I pay property tax on the house, I do not own it, the bank does.
Added (1). how high does my credit need to be for a mortgage? Will I need to wait 7 years until collections and charge offs fall off my credit report?

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