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FOR V LU AE .....~.~..v~.............• u d~ sd. ioia and p~~ Y. P~t M;SE t'O PAY to !b~ ord~= oi......................
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; at ........i..... ..........................t................ ......or such ol1~s plaq as f1u bold~s
h~r~ot mar ds~t~a~ ta r?sitie~ to~tb~s wi~b ial~rss! isom dd~ at tta rat~ oi ..~j s~p tua~ : aaawa oa tM unyald
balanc lWtit~?. 9'1~ sald ptindpal sAd int~s~s3 s6~U b~ dw and paYabl~ M•Oj;~
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t rQ~tr ~ tM ~ii'r~ ~N~t M 01M OM l~O~~t~ lt0~ i11b ~~0
ooiti~ !or ~~t•!i tMarsttvt w!~ /~i~. ~'?Lr Qt ~80. fi w?1~
No1~ a~tb ~11 tl~s~t 1~ or~dit~ t~ ist~awt ~ tM rw~i~s t~ !M
ltiasi,~~ Ot t?i~ ebl!?~tio~. rii~ w!t ~ M~~li st syl~M vil~tt
p~r?lt~. ~
11 def~ult b~ ~w~ (K iara ia t1~ Nrw?~~t et a~7 testaUMat of p?iwcipsl er iwten~t er ~a7 Nn t1~rNf. 1?~ ~r~e1~ s~ t~q n~t~s
c ua~ ~rlt! iwbnst sb~ll ?t Mlder's eyiiow b~ce~e ~w ~A y~ratiM vitAo~t ~etie~. Fnilur~ to ~:erc4~ suc6 o~tiaw si~ll s~t ceutltaW~ ~aiv~ ~f tM
S ri~?t b at~eeclw tL~ ia~w t~ ti~ ~vMt e/ sub~at ~el~nlf. Atter w~turit~ 6ot6 orinciy~l and accrwed i:~t~nat ~INU b~v lat~t atw._.__ ~ eatwr
: per aeq~~ u~tU paW. Tb~ ssk~rs a~ ~es~ N d~b wob idrUe? vai~e de~na~, woUc~ o( OOA-~iy~nMl ~Ha ~~lqL lf tW a~ b~et at
: m~t~rit~r a~i tSe saas~ b plac~ vtt4 aa ~ttarwe~ fer eelMcUaw. ti~ w~k~n •~t ~ala~wrs ?srso( a=~+e~ te Wf aU cwb ~f cQ!l~efiM. lscl~s ~swst
: co~ts u~ raweea?1~ att~eayr t~u.
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and aha11 dalY. Ptompu7 ~~Y PeKorm, discharge, execute. efiect, complete~ comply wtth ana abids by eacb
-and everar We stipulations. agreemente. conditions a,nd covenanta of asid pmmiasory note wad oi this mortgag~q,
fl~en tWs mortge~ge and t~e estate hereby created ahall ceaee and be null and votd
It ia undersiood that each of the worde, ••aote,•• ••martgagor'• and "mongages" respectlvely and the pron-
ouns referring thereto. whether in the dngular or plural anywhere in this mortgage. st~all be aingular i! one only
and ahall be plurai jointly and severaUy. U mon thaa one. snd shal! be mascuUne. ferainine a,ad/or neuter, whet~
ever tde context ao impliea or .admtis.
And aaid Mortgagor !or himself and hia heirsi, legal npreaentatives, succeseors and assigas„ bereb~ eovea.
aats sna agrees to and with satd l[ortgagee. his legal representatives. auccessora and assigas:
L~ To pay all and ~iagular the principat nnd interest and the ~ariau and a~mdry aima ot moneY PU?~le b7
vlrtus o! said promiasory note, and this mort~age. eacb aad everY. P~~PV,Y ~ the
severally becoma dua. d+,Y~ ~P~tively the aaaw
Z. To Psq ari and a[ngulu We tsYes. asseasments. levies. liaDiUties, obllgatlons aad incumbraaces of every
nsture and kind now on said described property. and/or that hereafter may bs impoaed. snftered, Pi~tced. Ievied
or '°'4: a thereapon, and/or that berrafter may be Ievied or ass~ed npon this mortgage and/or ths indebted-
neas secured hereby. earh and every, when due and payaDb scoord ng to law~ before they become deUnquenk
and before aay interest attachea or apq penalty ~ incurred; and in s~ far as any thereot fa ot reooril Lhe same
shall ba proaapUy asttsfied and dlacl?ar~ed oi record and the origtnal oft[cial documeat (wcl~ as. lor instaace,
the tsx reoeipt or the sstisfaction ~PaPer officially endorsed or certified) ahW be piaced in the bands ot aaid
Morigagee wtih~n L~n day?s next aiter payment; end la the eveat thst any thereof is not so paid. satisiied sad
disc]iarged. said Mortgagee rpay at aay time pay tiie aame or any psrt thereof vvithwit waiv~ing or afiecting
any option, iten, equity or right under ar by virtue of thia morigagq and the tu11 amount oi eacb u~d every
such payment shsll be ia?medistely due and payaDie and ahall bear ii?terest tro;n tDe date thereof until paid
at the rate oi ten per ceetum per annum and together with such intereat shaii be iecured by the Hen ai t2~1a
morlgage.
3. To placa aad coniinuously keep oa the building~ now ~ he~atte~t dtw?te o~n aaid land Hrs ~nd windstorm
insurance in the usual standard policy torm, in a sum not lese tt~au i-._.__...._.~$?~~~ in such com-
paoy or oomp~nles as raay be approved by asid Mortgagce; and sU auch insnrance cies on
po2i a~y oi saia build-
inSs. any interest tlurein or part thereof. 1n the aRgregate sum aforesaid or in exoas theseof, shali contaiu ths
usual standsrd morigageo ctavse making the to~s ursder said policiea, each and every, payable to said Hortga.
8ee as his intereat may appear. and each and every auch policy shall be pmmptiy deHvered to and held by said
Mortgagee; and, aQt less than ten dsys in adyance of the espiratioh at each policy~ to daliver to aaid Mortgagee
s renewral thereof, together wfth a receipt for the preminm ot aurh renewal; and there sha11 be no such iaaur=
ance placed on any of sald bnildings, aay interest therein or part tbereot. uNeas in the form and with • tde IoN
psyable sa atoresaid; aad in the event any a~un ot money becoa~ payaWe under anch pollcy or pollcies aaid
lsortgagee ahall have tl~e option to receive and apply the asme on account of the iMebtedneas secured hereby or
~-,to permit said Mottgagor to nceive and uae tt or sny part thereof tor otherpurp~o~s wlthout thereby waivfng
c:' or impalr[ng any cqnitp. rien or right under or by vtrtue oi this mortgage: and in tbe event ssid Mortgagor ahai~
for anq reaaon fail to keep the said premises ao inaured. or fail to deliver proraptiy any ot said poiidd o!
lrtsurance to said Mortgagee, or tail pnumpLlY to PaY fuUY any premfam theretor, or in aay respect faU to per-
form. diechsrge~ execute, etfect, complete. comply with and abWe by thii oovensn~ or wq part hereoi. said Hortg_
sgee may ptace end pay for auch inauranoe or aay part thereof without walving or attecfing any optian. lien,
equity or right under or by Wrtue oi thls mortgage. and the NIl aqnount of eacb and every wch psyment shari
bs ,immediately due and paysDle and shsU bear inierest isqm ths date thereoi until psid st ths rate of tea per
oentum per aanum and togeiher wfth ancb fAterwt aha1~ bs ~ecured bp tbe Wa ot thf~ mostsage.
4. To perrNi. commit or su!!er no ~raat~ lmpairnaeat or detaiosy?tioo o[ s~id propsrt~ or anr pat thereoL
6. ~b PaY sll aad dngu4r tt~ cast~. ~araea and e:Pensar iaclvdini rearonable lawyer'~ fees and cwt at
ab~tra~cb ot tlt1e, fncumd or pald at aey tlme bq asld ~+Wrtgsgee becwis ~?nd/or fa tLe rrent a~ tlis tail~ -
mply wi~th ~aAd abide by ea~aads eved~
b~s
~tf PW~ aad ltilly P~~4 ~80. ~~te. etted. comPleter
wq? note. aad thfa mo ~ P~~°°~• ~~°te. coirditions and oovenaAb of said promf~-
rtgsgR any or elther. aad esid costa~ chuges aad aa~pen~ea. a~ch ~ad sveqr. shsil be tai.
taedlatet~? dus and W3ntb2e. afiether or not tbera De notfca. dea~aad. attempt to collect a snit peading: aad ths
lu11 amount ot each aad every s~b paqment e~al~ bear interasR irom ths dat~ tMnol uatll pald at the rate pt
- tea P~* cwtum pst ~aaum; aad a11 aafd oost~. char~ea aaA ptpeaMS w lttcuer~d or pafq, to~stbet with auch fti-
tere+t, tbaU b~ ~sct~red by tb~ lfaa ~ t~ aiortga;~.
~ooK ~80 ~~409
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