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Provided Alwaye, that if said Jkfort~a~or 4ha~l unto the said .Mort~a~ee
the certain prvmissory note, of which the follounn~ i~.wdrd~sund fl.~u.res is a trcce copy,
to wit: . .
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an~ shall perfo~nz,, camply with and abide by e~ch. and ez~ery the sGipulations,
agree~rcents, conditions and covenc~nts of sctid promissorz/ note and of this deed, then
this deed and the estate hereby created shalZ cea,se and be null and vor,d.
l~ri(~ the said JFiort~sc~~or hereby covenocnts c~nd a~rees: -
.1. To pay all and sin~'ular the principal arul interest ~nc~ other sums of money ,
payable by uirtue of said promissort,/ note and this d.eed, or either, promptl~ on the
days respectively the same severally comP due.
Q. To pay all and sin,~sulur the taxes, assessrrcents, levies, lia~~il.ities, ubli~~tzons
and encumbrances of eUery nature on said de,scribed property eac~h• c~nd every, anc~
if the sam,e be not promptly pc~id the sc~id Jl~ort~a~'ee may at any time pacy the sacme z
witlr,out waivin~ or af~'ectin~ the option to foreclose or c~ny r~i~ht hereunder, and every ~
payment so rrtade shalt bear- interest from the dctte thereof a~t the rate of eight ;
per cent. per an.nr,~m. ~
S. To pay all and sin~sular the costs, char~PS anil expe~ases. i.ncltcding lawyer's ~
fees, reasoncLbly incurred or pacid c~t any time by sdid .i4~fort~a~ee because of the facilure ~
on the p~trt of the ~uid .ATortgae~or to perform, comply with and abide by each and ~
every the stipulations u~'reem~ents, canditions and coUenants of' said prurrtassory note ~
and thi,s deed, or either~ and every ~such pccyment shall bear interest frorrt d,acte c~t the ~
rc~te of ~ ight per cent. per annum.
~ 7"o keep the buildin~ nr~w or h.ereafter ;,aid lund insrire~l in a suna. not
less than Twelve thousand ~toe~h ndred ~.~rghty and no/100------------
(~12 , E80 . 00 )>y,y Doltars, in a company or c,ompanies to
be c~pproved y said .Mort~a~ee, n~he policy or policies held by acnd paya,ble to said
.hfort~a~ee, c~nd in the eUent a~ny sum. of monpy becomes pctyc~ b l e un der suc h po l,i c y ar
policies, the ~Mort~SCL~'ee shall have the option to receiae and ccpply the same on czccount
of the ina~ebtedness hereby secured or to pPrmit the .iKort~agor t~o receiUe and use it, or
any part thereof, for ather purposes, urithout thereby waivtn~ or irnpairin~' any equity?
lien or ri~ht under or by virtue of this mort~sac~e, and may pla,ce ctnd p~y for such ;
insurccnce or any pacrt thereof, unthout waiuin~ or af~'ectin~ th.e opta.~n to forecl~se or
any ri~'ht hereunder, and each and every such payment shatl bear interest frarrz date '
at the rate of eight per cent. per r~nnum. ;
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