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Pl'OV1dC(~ AlWaye~ thc~t if said .1Kort~agor shalt pa,~/ unto the said .M'ortga,~ee
t~he certain prnmissory note, of which the follounng in worats ar~d flgures is a true copy, .
to wit:
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and shall perfo~m, com.plJ with anr~l abide by e~eh and evenJ the stipulations,
uc~reements, conditions and covencants of sacid prnmissory note and of this deeal, then
this d,eed cLnd the estate hereby created shall cea.se and be nult and void. ~
~ ~Il(~ the said .hTort~scc~or Icereby covenants and ag`rees:
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~ .1. To pay all and sin~ular the prineipal arul interest and othe.r sums oj money
` paJable bJ virtue of said pro~nissorrJ note and this deed, or eitlaer, prom.ptlJ o~l. tlae
~ days respectivety the same severally co~ne due. ~
Q. To pay all and sin.~r~lar the taxes, assessments, levies, liabilitie.s, obliaations
and encumbranees oj eaerrJ nature on said clescribed propertJ ear•h and everrJ, and
if tlae sc~m,e be not promptly paid the said .1Kort~c~gee may dt dny time paey the same
with,out wdiving or af~'ecting tlie option to foreclose or ccny ri~ht hereunder, and every
payment so ma,de shall b.ear interest from the date thereof mt the rate of six (6%~
per cent. per annum.
To pay all and sin~ular the costs, CjLQT~P4 arul expenses. i~r.cludin~ IawJer's
fees, rea,sonabty incurred or paid dt ctny tim,e by said JK'ortga~see becduse of the faiture
~n the pacrt of the said .hTortgdgor to perform, comply zczth and dbide by each and
every the stipulations, agreernents, conditio~as acnd covenants of' said prumissory note
ctnd this deed, or either, and every such payment sh,all bedr interest from date at the
rate of six (696) per cent. per cLnnum.
To keep the buildings now or hereafter on said land i~tsrtred in a srcna not
less than Seventeen Thousand Five Hundred ($17, 500.00)
- - - - - - - - - - - - - - - - - - Dollars, in a compan~ or companies to
be cipproved by sdid JlTort~a~ee, cind ~he polie~ or policies held by and pcayn,ble to sdid
.1Kort~dgee, and in the event any sum of monPy becomes pdyable under such poli,cy or
policies, the .iKortgdgee Bhall lrave the opti,on to receive and upply the same on account
of the indebtedness hereby secured or to pernzit the Mortgd~or to receive acnd zc~se it, or
any part thereof, for other purposes, without thereby wdiving or impairing ctny equity
tien or ri~sht under or by virtue of this mortgage, and may plccce mnd pay for such
ingurance or ciny pc~rt tliereof, without waivin~ or dff'ecting the option to foreclose or
any right hereunder, and eccch and every such payment shatl bear interest from date
ctt the rdte of six (69~6) per cent. per dnnum.
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