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` 1. To pay sU sad sin~nlar the prlnaipsl i?nd interast and othsr armaa o! moae~r p~,yabl~ b~ ~
' virtne oi eaid promissory nota~_ snd this deed~ or either, promptly on the days rospectivel7 '
~ tbe esme savarally become due. ' ~i
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; 8. To p~r all snd sin~ul~ur the teuces, aasesamente. levies. liabilities, obli~ations snd incum-
; brsnces of every nutnrs on asid described property, each and eveiry, and i! the e~?ma be aot ~ ~
~ promP~7 Psid the aaid MortQs~ee, its aacceasore, 1eS'al rspresentstives or aeeigns, "m~,y at any ~ t
; time pay the asme without wsivin~ or allectin~ the optioa to forecloee or any rlght b Onnder. , i
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~ 8. To pay aU and ain~nlsr the costa. char~es and ezpenses. inclndia~ Lwyer's iees, re~- ~
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~ aonably incnned or paid at any time by a~id Mortgagee, its sncceaore, leQal representatives or ~
~ aeai~ns. becanae of the iailare on the part oi the eaid Mort~sgor~, their t,~ le~al
~ ~ repreeenbtives or assigns to pertorm, comply ~vith and abide by each and eveiy the atipnlations.
~ a~reements, conditions and covenante oi asid promiesory note_ and tl~s deed, or either, snd -
~ every such payment shall bear intereat irom date at the nts oi ~ per cenk per snnnm.
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• 4. To keep t6e buildings now or hereaiter on aaid lsad insnred in a amm ~ot lees tb~„
1 $19 , 200. 00 nollars, in a companyor companies to be ap-
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~ proved by asid Mortgu~ee, aad tha policy or policies held by snd payabla to esid ~ Morkgagee,
~ ~ - ite aacce~sors. legal repreeentatives or ass~gna. and in the event any snm oi mone~ becomea psy-
;
, able nnder auch policy or poUcies, the Mortgagee. ite ancceaors, legsl repreaentativea or asaigna
1 el~ll hsve tLe option to receive and spply the asme on acconnt o! the indebtedneas hereby ae-
' cared or to permit the Mortgagor
8 to receive and use it or any part thereof ior other parpos~s.
withont hereby waiving or impairln~ any eqai~?, llen or ri~ht under or by virtae oi tbis mor~
~ gage, snd may plsce and psy !or anch insurance or any part thereo~ witbont wsiving or afiecting
i the option to loreclo~e or an,y rlght herennder. and eub and every snch payment Shall bear in-
1 tereat irom date at the rate of ~ per cent per annnm. .
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# • . 8. To peripit, commit or aufler no waste, impairment or deterlontion oi eaid property or
~ an,y part thereot. ~
6. To pertorn~, comply ~vitb, and abide by each snd every the stiapLttons, agreemenb,
conditiona and covenenta in asid promiasory note_... and in tbis deed set iorth.
7. If any o~ asid sums o! money herein reten~ed to be not promptly and fally paid wit2~in
~ ~ 3Q ~ays nezt atter the same aeverally beaome dne and paysble, or ii euh snd every '
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~ the atipnlations, agreements. conditions snd covenants o! asid promissory note~.._ wnd this deed. ~
or either. are not fally pertormed, complied wlth ~?nd abided by,_the asid sggre~ate anm me~ ,
t ~ tioned in eaid promiasory note_ absll become dne and pa,yable lorthwith or theresiter at the
~ opt[on os the Mortgsgee, ita sncceesora, legal repre~entstivea or assigns, ss inlly and co~
f p~ete~y ~~t tbe as~a gsa~e~ate amm
` dollus ~vere originslly stipnlsted to be paid on sucb d~y, anything in ssid promiesory not~.
~ . or herein to the coritrary notwfthatanding. ~ ~ "
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' IId WITNE9g WHEBSOF. the aid HortQaQor 8 - have
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r ` bereonto the ir' s _,.,~e day and year tirat above wrlt~en.
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~ ~ ~ ~ . . g~~ 86 505
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