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on said describe3 personal property, and if the same be not
promptly paid, the Mortgagee, its successors or assigns may at
any time pay the same without waiving or affecting the option
to foreclose or any right hereunder, and every payment so made
shall bear interest from the date thereof at the rate of.S3X
(6%) PFRCENT per annum.
3. To pay all and singular the costs, charges and
expenses, including at~orneys fees, reasonably incurred or paid
at any time by said Mortgagee, its successors or assigns because
of the failure on the part of the Mortgagor to comply with and
abide by each and every the stipulations, agreements, conditions
and covenants of said promissory note, and this mortgage, or
either, and every such payment shall bear interest from date at
the rate of SIX (696) PERe~I~ per annum..
4. To keep the chattels and personal property in-
sured against fire, theft, vandalism and other sitailar damage
in a company or companies to be approved by the Mortgagee and
the poli.cy or policies held by tlie interest ~of the Mortgagee ~
specified therein, and in the event any sum of money becomes pay- ~
able under such policy or policies, the Mortgagee, its success-
ors or assigns shall have the option to receive and apply the
same on account of-~he indebtedness here8y-secured, or to permit
the Mortgagor to receive and use it or any part thereof for any
other purpose without thereby waiving or impairing any equity, '
lien or right hereunder, and the Mortgagee, its successors or
assigns may place and pay for such insurance or any part thereof~
without waiving or affecting the option to foreclose or any right
hereunder, and each and every such payment shall bear interest at
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