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- i. To pq a11 and aa~u~l~r th~ priacipsl and int,~resti and ot~her sromos oi monq py~ble b~ I
~irtns ot ssid p~omidoar~ not~ ~?nd •thls deed~ ar either~ P~D~b on ~~~P~rob~ the . i
ssane se~e~al~j beooms dne. ~ `
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?o pa~ a11 and si~ul~r t~he buns~ saseeement~t, le~ia, liabilitla~ obli~tiwu~ and inoum• ~
br~?nces oi e~ar~ aaturs on said de~ribed P~P~, esoh and eves~, and ii f~he ~sms be not pro~mpt~l,~ i,
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the w~ne withoat wairia~ oar atieaLing the option to ibreclas or ao,T ri~h~ hereunder, und e~
, ya~meat so made alutll bssr iaterest lro~n the dste thereo~i at t~s raLs ot~~er ceat. psr sanum. ~
8. ~o p~ all and siagulsr the codts, charges and e~cpenses, inolud~at l~w~sr's iess~ rsasonab~
their b~ s~
inourred or paid st an~r tims b~ eaid Mortgages-~~ ~ le~at reP~tsLi~es ar aasisas,
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~ because oi the iatlurs on t~hs p~rt of ths said ~dortgag~ors ~ their b~, legal representa?tttres or .
aeai~as to Perl~r~n~ compl~ with and abide b~ esch and e~a~ the etlpuladans, agresmente~ condi-
~tons and co~ensate oi ssid promiaaor~ not~ snd t~Lia desd, or either. and e~ryt euch p~yment ~
sLall bear iat,e~est irom dste at ths nts oi
6 per centi. psr ~nanm. . .
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4. To resp ths buildings now or hsresi'ter on said lsnd iaansed in a ~um no~ les~ t~+a~ ~
~6, 000. 00 Fire aad extended coverageD„~~ ~ a campsty o~ Qompsniss to bs sp- ~ y
` pra~ed by said ffiortaa~ges..~, snd the poli~ a~ pollcies held b~ and p~able to said ~orte~i,
their ~+eirs~ 2egs1 rspresentsti~es or assi~, snd in ths erenti an~ enm o[ moae~ becomes
~ pwable nader such polic~ ac pollcisa, the Mortgages~, their h~i legsl ~ent1?ti~es o~ ~
~aigna, ehall hsvs ths opt~ton to reixd~s aad apply ths eame on uccounti oi Lhs indebtsdneas hess- .
b~ secured or to permit ths Mort~agar~ to receire snd use it or sty par~ thereot i~ ot~her Pntpo~es~ ~ .
without t~ersb~ wai~ing or imP+a~ria8 an„9 equit7~ llea or rIght nnder o~ b~ ~istue at tLis mo~t~age.
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. and may place and pay !o~ ench iasuraacs or a~ part thersot wit~out wai~ or aKsatiag t~s
~ opt~ion to lonclose or an~ rigbt~harsunder~ and each and e~ such p~ymsnt sball bear iaterest
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irom d~?te a6 the nte ~ e~ per cen~. per ananm.
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6. To permit, commit or snger no waste, impsirment o~ detsriont~iton ai ss~d p~o~~'o~
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aty part thereoi. ~ - : _ - ;
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8. To periorm, compl~ with, aad sbide b~ each and e~e~ t~hs stipnistions, agRAei~ate, t~oa:
ditions aad covenants in aaid promiesory note.~, an~ ia this dsed set forth. .
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Z. Ii aa~ oi aaid sums of mone~ hsrein reterred to bs not psompt~j und inll~/'paid,~ft,~iin
~ ten daya nsrt aite~ t~hs eams sevenl~y bscome due snd p*ysble~ o~r it each and e~ t~s~
stipuLtions~ agreementa, condit~tons and co~anants of said pronnisso~r~ nota_ snd t~ia deed~ or
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either, ars not fuUy periormed, complied pith and sbided by. t~he satd aggregate sum msnt~ioaeQ
in satd promiaaory note_ shall become due snd p~yabls forthwlth or thereattar at the option oi
` t~hs ~d~stgagse
8, their bei~n, legsl reparesentstives or easigns, se fui~j and oompleteu~ ss ii
` t~hs sstd sggregate sum ot said note - doll~urs wers o~l~inal~
,
~ipulsted to bs paid on suctt-d~Y~ anyt~in8 in said promisaor: nota_ or he:^ein to t~hs contrsr~
notiwitl~stsndin~. -
II~ WI?~r~~ WB~i$ZiO~, ~U /~d ffi0~~0~~, have 1~~UIItO idti
b~und s,snd ae~_t~he dw aad ~ear ~rat sbo~e writtsn.
~ian d ~ersd in os oi: - t. ;
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