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•nd ehall perlorm, comp~jr wit,b ~nd sbid~ b~ eacb and every tLe stipalatione~ a~reements, con-
~ ditions end covenanta o! said psomieeory nota._ and oi thia deed~ then this deed snd the est~te
~ hareby cre~ted shsll ceaae and be nnll and void.
AND the said Mortgsgor_, tor themselves `
~nd _ their ~+e~, legsl representstivea snd aaeigas. hereby
ovenant and sgree:
1. To psy aU and aingvlar the principal snd intereat and other anms oi money psysble by
virtue oi s~id promiasory note_ ~nd thie deed, or either. promptly on the dsya reapect3vel~
the aame aeverally become due.
2. To psy all and eingular the tazee. asseesmenta, leviee, liabilitt~, obligatione and incum- .
brances o! every nature on said deacribed property. each aad every, and 3! the eume be not "
r
, pmmptly paid the said Mortgagee. it8 succesaors, legal repreaentativea or assigna, may at any
~ ~ne pay the same withont waiving or atfecting tlie option to lorecloee or anq right hereunder~
and every payment so made shall bear interest from the date thereot st t~e rate o! ten
per cen~ per annnm.
3. To pay all and singalar the costa. chsrges and ezpeneea, incinding lawyer's fee~, ree~-
aonsbly incnrred or paid at an,y time by said Mortgsgee. ite auccesore. legal repreeentative~ or I
aeaigna, becsnse oi the iailure on the part of the. aaid Mortgagor~ t~ beira. legal
representativea or aa~igna to pertorm, comply with and sbide by esch and every the atipnlationa,
agreement~, conditiona and covenanta of esid promiaeory note._. uad thia deed, or either, and
every such payment shaU bear intereat from date at the rate o* t~ per cen~. per annum.
4. To keep tha bnildings now or her8after on asid laad insnred in s aum not leee tha++ EIGST
- THOUSAND SE'VEN ~i[JNDRED & NO/100----nollare. in a company or companiea to ba ap-
prnved by eaid Mortgagee, and the policy or policies held by and payable to ea~d Mortgagree,
iffi aucceesora, legul representativea or assigne, and in the event any aam o! money becomes psy- ;
able uader aucb policy or policies, the Mortgagee, ita ancceeors, legal repreeentativee or aasigne ;
shall have the option to receive and spply the aame on account oi the indebtedneae hereby se- ~
cnred or to permit the Mortgsgor
S to receive and uee it or any part thereo! !or other pnrpoaea, ~
without hereby waiving or impairlag any eqnity, lien or rtght nnder or by virtue of thie mort~ ~
gage, and may place and pay for auch inaurance or any part thereo! withont waiving or ~lecting ~
the option to forecloee or an,y right hereunder, and eacb and every such payment ehall besr in- ~
terest irom date at tLe rats o~ ten per cenk per annum. . ~
6. To periait, commit or enfter no wasts, impairment or deterloration oi eaid property or
any part thereo~. ~
6. To pertorm, comply with, und ubide by each and every the stinplations, sgreements, ~
conditions snd covenenta in eaid promiesory not~.~ ~?nd in t~ie deed aet iortb. F
7. If any ot said anma oi money herein referred to be not prompUy and tnDy p~utd wlthin ~
i
thirty aAys nezt aiter the aame aeveralty become due and payable~ or ii each and every ~
tbe sttpulationa, agreemente, copdit3ons and covenanta of said promieeory not~ and tbie deed,
or either, are not fully performed, complied with and abided by, the eaid aggregats sum men- ~
tioned in said promissory note_.._ ahall become due snd payable iorthwith or thereafter at the
option o! the Mortgagee, ita anccesaora, legal repreaentative$ or asaigna, ae fntly snd com-
pletely aa if tLe eaid s~gre~ate snm o~ EIGHT THOUSAND SEVEN HtJNDRED AND NO/100
dollara were originally stipulsted to be paid on such day, anything in said promissory note _
or herein to the contrary nota?ithetsading.
ll~I V~'[TNFS3 WHEREOF, the asid Mortgagor S have
herennto set their ~+an~nd eeal 8
the dsy euid year lirat abova written.
8! , ees2ed snd deli~red in the nce oi: -
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