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ctnd sha.ll perform, comply with and abide by each dnd every the stipul,cctions, acgree-
ments, conditions and covenants of sctid promissory note and of thi,s deed, then this
deed and the estate hereby created sha~ll cea,se acnd be nutt and void.
.AIId the said .~ortga~gor liereby covenants and ct~rees:
1. To pccy dll aru~ singular the principal ctnd interest ccnd other sum,s of money
pccyable by virtue of said promissory note and this deed, or either, promptty on the
days re.spectively the same severa,lly corrce due.
To pa,y all and singuLcLr tlie ta.xe.s, assessments, levies, liabitities, obli~ations
and encumbracnces of every nature on said described property each and every, and if
the sdme be not prompEly paid the sQid JLfort3sa~ee may at any time pay the sacme
' with,out waivin~ or affecting the option to fnreclose or any right herezcnder, and every
payment so ma,de shall bear interest fro~rc the date thereof at the rate of ~y~ per
cent. per c~nnu~n.
To pa.y cttl and sin~ulacr the costs, char~es and expenses, including lauryer's
fees, reasonablJ incurred or paid at any time bysaid .rilortgc~gee because of the faiture
on the part of the said .~11ort~acgor to perform, co~nply with acnd abide by each and
every th.e stipulations, conditions and covenants of s¢id pro~nissorJ note and this deed,
or either, and every sucli par~ment sluill bear interest from date act the rccte of
7~b per cent. per cLnnum.
To keep the buildings now or hereafter on sacid la.nd insured in a sum not less
than None dollars, in a company or companies to be
approved by saial .hfortga~ee, and tlie policJ or policies laeld by acnd pcaJable to said
JKortga~ee, acnd in the event an~ sccm of ~none~ becomes pctyable under suck policy or
policies, the ,iKortga~ee shacll hccve tlre option t-o receive and apply the xame on accoccnt
of the indebtedness hereby ~eeercred or ~o permit tlre .~lortgca3sor to reeeive ccnd use it, or
' any part thereof, for other purpos'es, with~out therebJ waivin~ or impairing any equity
~ lien or ri~ht under or bJ virtue of this mortga~e, and may place and pay for such
I insuracnee or any ~vctrt thereof, without waiai~~ or affecting the option to foreelose or
c~tny ri~h,t hereund.er, and each and everrJ such payment shalL bear interest from• date
; at the rccte of None per cent. per annum. bD~~~7 p~ ~
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