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with and abide by oach and evary the sttpulations, condltions and cove- ;
; nants of satd promissory note and Lhts dsed. or etthsr, and every s~ch ~
payment shall bear interost from date at the rate of six per cent per ~
~ annum. '
4. To keep the butldtngs now or hereafter on sald land insured ~
~ . ~ ~ in a sun not less than none dollars. 1~ a canpany or compantes to bs ~
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approved by said Mortgagee, a~d the"polTcy or poiicies held by and
paysble to saTd Mortgagee, and in the event any sum of apnsy bacames pay-
able under such poitcy or poltcies, the Mortgagee shaTl have the option
to roceivo and apply the same on account of the lndebtedness hereby
securod o~ to permit the Mortgagor to recetva and use it, or any part ~ ~
thereof, for other purposas, without thereby waiving or impairing any '
equity lien o~ right'under or by virtue of thfs awrtgage. and may place
a~d pay for such lnsura~ce or any part thereof, without waivTng or affect- .
ing tho optlon to foroclose or any-r1ght hereunder, and each and every . .
such payment shall bear i~terest frvm date at the rete of six per cent
per annun.
- ~ S• To penai t, cvmmi t or suffer no waste, in,pal nasat or detorioca-
tton of said property or-any part ther~of. ~
~ 6. To perform~ comply with and abide by each and evary the stipu-
lations, agreements, wndttions and covenants in ssid ~ romissory note
and in this dead set "forth. ~ • •
~ 7• If any of said suns of money herein rsferred to be not prc~tiy •
. and fully paid within ten days next aftec ths sa~ne saverally bec,ame due ,
and payable, or if each and every the stiputations, agroanents, conditio~s ~
, and covenants of said praaissory note and~this deed or either, are not ~
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duly performed, c,cmplied with and abided by, the said aggregate sum .
a~entioned in said promissory note shail becana due and payable forthwith
. ' or thereafter at the optton of the Mortgagee as fully and caapietely as ~
, if' tfia said aggregata sun of Ter~ Thousand Thirty-tbree and 64/100 (~10,033•b~?)
' Dollars wss origirwlly stipulated to be paid on such day, anything in said ~
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promissory note or herein to the contrary notwithstanding.
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