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~~ ° ?'rrsrntnten;, protest, and notice arc hereby waived.
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(titatr of ~~iarida d(>iunirntarv stan)ps in the acnaunt rc4uin•d by lass• arc atfi~ed *.o the original of the torrgoing
natc and .ancelle~ pt~r<uant to lasti•.)
And s})all duly, promptly xnd full} perform, di>xharge, c-:r;ure, effect, canplete and co+nply ~4•ith and abirie by
each and even' the stipulations, a;;rerment, condition: and covenants of said prrnnissur}• note and of this mortgage, then
this ruortgaKe and the estate hereby created shall cease and be null clad void.
And the ~lortgagur crovrrtants atxi agrct•s to and -sith the ~Iortt~agec as follows: '
1. To pay the principal and intrust and the various and s;dndry sutras of money payab?r by virtue of said prornis-
~or} note and this mortgage promptly on the days the sanDt become due ands 'Mortgagor will piur.~ptly ptrform and
c(Dr:tYly with each and ever} other co.•rnant and agreenunt in said promis:•ory note ar;d mortgage.
2. `I`o pay the taxes, assrssmeuts, levies, liabilities, ebligatiuns and incuntbranccs of every nature and ki)rd ))osc
un said drs~ribed property, or that herraiter Wray bt intpa~ed, snifered placed, lrvicd or aasessrd thereon, or that hcre-
aftr: ma} be le-:ird or a~ses~ed upon this nu,rtgagr or the inxiehteslne~c sriuud hereby; ~s•hen due and payable a: cording
to lass, before they hrcctne (?clinquent, and before xny interest atta(~hrs or ;.ray penalty is tr,eurred, and insofar as and
thrrrof is of record the same shall Ix prutnptl} s:arisfird ~.nd discharged d3f record and the original official d(xun+rnt
e•. idencing such satisfaction and discharge shall be placed in the hands of said 3lortgagee within tort days nest after
payrnertt. "I'he covenants and agrremcnts in this paragraph shall not be applicable to the taxes and asaessntents which
1rr to be paid c)(:t of the funds depdxsited with tht llortgagce unless hereinafter set forth.
?. To kcrp the irnprovcnunts WON' P\iStinY, or hereafter er(wted on the anortgagr(i propert}' Insured against los. by
firs and ocher hazards, rtsualtirs and contingrncirs, including si•ar damae si•heuever required by the lloitgagee,
in sucl; amounts acrd far such pe'ria(is a~ m;t}~ hr required by ~lortgagre. All ins:irancr shall Ire carried in corrtp:an)es
a{)pained by :~lortgagce and the poliirs and rrnesvals thrrrof shall be held :ty '.llortgagre and have attached thcreta
st:,ndard mortgagee clauses in favor of and in torn; acceptrble to the ;~lortgager. In went of los.+ blartgaKor u'il!
}},,ive imntrdiate notice by mail to :llortQagee, and ~iartgagce •nay make proof of loss if J)ai made pro[nptl} b••
llu;t;;agor, and rash in.urance t:u[n;}ati)' (:Jncrrnrd is hereby authorized and directed to matte payment for suet) lo:.~
alire,:tl}' to ~lortg: pee instead of t~, '.11ortFagor acrd ~lort;~ager ioustl•,•, and the ansiiraiu•c pracerds, or any part thrrc
of, naa} tie applu'd by 'vlartKagce at its o;~tion either to the re,luctiun ctf the indebtc,lr:c•JS hereby secured or to ;iic
`• ttirati(rn or repair of the property tia-~,:tgrd. in event of forrcioaure of this n)ortgagr or atlur transter of title tt~
the ntortgakcd property in cstinKuisluncnt of the indcbtet+.ness soured hereh}•, all right, title and intcrra r,f the ~Inrt•
{„ay;or in and to any insur:ut~r pohcirs then in fusee shall pass to the purchaser ar granter.
4. To prrniit, t:aa;;t-it. or ?t.ffcr nu scastc, irnpairrrtent or deterioration of said property ar any part thrrror, In
the evcrrt of the failure of the ~Iortga,gor tc keep the Ituiidin~ on said premises and tl•tose to he scooted on raid pn•nu~cs,
Ur is )lpra': l:tl{'ntJ tirrrCU-1, in ,C1i~t= repair, ti{£ '~lortgagre may ni B1GC 5llrh Tepa-rS SS In his d15C rrt:On 1?r titay dri-i;t
ni•u=.sarv for cite prat{zrr prr~en•atian thereof and zhe fEtll amr.»[nt of ,ach and ever;; s~.)ch payr+.;e-tt shall be tnm;r.:.liatriv
cinr ar,ii payahl<, and shall he secured bs~ the lien of ih)s mortgage.
;, 'j'c pad all acrd sitiT;talar the rd~ts, charge's and expeat~, including rca.sdxaable attur)try's fors, cent of abstr.icts
of title and title se^arrhe~: incurred or paid at any time by the':'lortgager: because Uf the failure on the p:+rt of the.tiurt-
gz;ar promptl}~ ar,d fully to perfornt the agre~emeratx nand act'eraants of saiti Holt Artd trail at)ortgagt, and said cc.,ts,
charges and crprrtses shall tee in;mrdiatel~ d?tae ~ttd p$yablt and ahaal :re ~se<~urtd by t?tr lien of this ri;artgage, acid sue )
rxpi=rtditurrs shall drznsw it;terrxt at tiae ratz~ of rig;tt ptr, tertt'txrtt per aannzrtr..
6. "T"hat: (:a.) in ehc ..>~rnt of say hrra(:h of this rractrtgagf or citfault on the ?art of tfte '~'itDrrga~;ur, t>r fib) in
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