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Home My WebLink About2546 ~ c- and aholl perfo~m, comply with and abide by e~sch and every the stapulations, m,greement~s, conalitions o,nd cavenant~s of said prnrrai,saory note ac~ad of this deed, then t~h,is deed and the esta.te hereby created shall cea~se and be null and uoid. ~he sa,id Mort~agor her~eby caaena~nts a,nd a~'rees: ' .1. To pay oll and sin~ular the princi~pal arui interest and other sums of money I~ payabte by virtue of said prom,is$orrJ note and this deed, or either, promptly on the I days tespectively the sa~ne ser~eraily come due. To pay all and sin~ular the taxes, ossesa~rcents, levies, liabilities, obligations and encurrabrances of every nature on said described property each and eaery, and ~ if the aam,e be not PrnmPtl~1 ~a,i~l tlie scr,id .J4~ort~a~ee m.ay at dny time pa.y the sccm,e I • withou.~ wa,ining or a}~ecting the option to foreclose or any right hereunc~er, and every par,~ment ao ns~ade shall bear interest frvrra the d,~zte thereof at the ra,te of eight ( 8) per ce~tt. per annu~n. ~'o pay oli and ain~`ular th.e costa, chargpx.' arul expenses. includin~ lawyer's fees, rea~sorutbly incurred or paid a,~ dny time by sciid Jl~ort~ccgee becacuse of the failure on the pa,rt of the Said .~ortgcigor to perfor~n, co~nply with and aLide by each and every the stipulations, m~eements, condit,ions and covenacnts of sdid prumissory note ' and this deed, or either, a,nd every such pa~ment shalt bear interest frnrrz date cat the ra.te of eight ( 8}per cent. per annurrL. ~ ~ I To keep the buiiding now or hereafter on said land insrcred in a surrc not less~han Fifteen Thousand ($15,000.00) and no/100-------------------- ~ -----------~otlars, in a co~npanb or companiea to ~ ba dpprnved by sa,id JKartgdgee o,nd ~Tie policy or policies held by and payable to said Jlfortgm~ee, and in the event mny surri of mon~y becomes pcr~able under such policy ar policies, the JKortga~ec sha,ll have the option to receive and apply the Sdme on account ~ of th~e indebtedneas hereby secured or to pernzit the Jlfortgdgor to receive dnd u,se it, or ~ an~ pdrt ~hereof, for other purpoa~s, zaithout thereby wccivin~ or impccirin~ any equity ~ lien or ri~ht under or bb virtue of this m.ortgage, and rrcay pla,ce and puy for such ~ insurance or any pccrt thereof, without waivin~ or dffectin~ the option to foreclose or a~ ri~h~ hereunder, c?,nd ea,ch cr,~d every such p~a,~m,ent sha,ll bear interea~ fi~o~n date I a~ ti~ rdte of eiqht ( 8) per cent. per a.n.nu~n. . I 8~~~ P~l~f i , , ~ ~ - , _ _ ~ - . ~W:.ti~ `a ~ - - - . - ~ ~ - . ,W