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and shall perform, comply with and abide by each and every the stipulations, agreements, conditions and
covenants3 of said promissory note and of i:his dead, then this dyed tend the estate hereby cres~tw.i shall cease
an~-i be null and void.
A:r°D the said Mortgagors for themselves sad their heirs, legal representatives and assigns, hereby cove-'
nantand agree:
1. To pay all and singular the principal and interest and other sums of money payable by virtue of said
promissox•:v note and this deed, or either, promptly on the days respectively the same severally come due.
To perform, tamely with and abide by path and every the stipulations, agreement,, conditions and covenants
in said promissory note and in this deed get forth.
2. To pay all and singular beforw thep became delinquent, the taxes, assessments, levies, liabilities, ob-
ligations and encumbrances of every nature on said described property each and every, and if the same be
not promptly paid ~.he said Mortgagees may at any time pay the same without waiving cr affecting the
;,anon to foreclose ar any right hereunder, and emery payment so made shall bear interest from the date
thereof at the rate of ~ per pent per annum.
3. To pay aI1 and singular the costs, charges and exper-xea, including lawyer', fees, reasonabl;~ incurred
or paid at any time by said Martgagees because of the failure on ti'le part of the said lFfortgagors to perform,
comply with and abide by each and every this stipulations, agreements, conditions and covenants of Raid
promissory nate and this deed, or either, and every such payment shall 1/ear interest from date thereof
ai the rate of E, per cent pe~° annu-n.
4. To keep the building now or hereafter an said Land insured in a sum net less than
L7ollars, in a company or companiQ,a to be approved by sand Mortgagees, and the policy or policies held by
and payable to said Aortgagees, and in flee event any sum of money becomes payable under such policy or
policies, the Mortgagees, shall leave the option to receive and apply the same on account of the indebtedness
hereby secured or to peranit the l4iortgagars to receive and ase it, or any part thereof, for other purposes,
~b-it~hout thereby waiving' or impairing any equity lien or right under or by virtas~ of this mortgage, prd may
place and posy for such insurance or any part thereof without waiving ar affecting the option to foreclose or
any right hereunder, and each arcd ever„' such payment shall bear interest from date of pay-;y:p'7t at the rage
Oi fa per cant per annum.
~. Te pertxiit, commit or suffer r~o waste, irnpaif°n:ent or deterioration of said pi°opo, ty or any earl
tht;reaf.
f. If any of said sums of money l~ereir~ r°eferxr:d to be not prorx:ptly ar~d fullt~ paid within ~I•~ir~Jr
dax°s ra~:~-t aftter the same sever~alt~* bea.ozre duo anal I~ayatsis, or if ota~cl'z an±i every tlas~ s~pu'satioris, agrnip=:t~,
f~onditior.~¢ ar°cl rove;~sxs.'ts of satr~ prorrrissoty no~ and this d~ ar either, a,re not duly per2ortrze~3, c:.orripliprl
~~ith arcl ataided by, ih~ said. agg:~gntr~ sum rrientiora~i i~~ said , ~-,:>rnas,~org• ne*.~ shall laoce-~raa u~u~ ~.a~d pad*a"r~is
forth~~~it~~ cr t.~serQa.fte?~ at e r~pti.an of the M~°~rtgags as f;;~lly a?~d cnrr,pletely as if the said agg~i'eg~+,~ 5u:xs
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