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That in the event the Mortgagors sell, convey or transfer the
mortgaged premises during the life of the mortgage,.then this
mortgage shall, at the option of the Mortgagee herein, its
succossors or assigns, become immediately due and payable for the
full sum of the principal balance and interest then due.
Mortgagors agree to furnish on or about April lst of each year
evidence that the real estate taxes have been paid. .
. 1. To pay aU aa~d sinquiar tl~ prineipai a~d intereat w~d otker auma of money Payabia b~?
virtue of said promiaaory nat~ and t~ki~ daed, or eitAer. ~ompuy ox t.~e aay~ +~espectiti~y tats
aame aaveraUy become dxe.
~
t. To pay ali and ain~ular tll~ ta:ea, aaaett~Kent:, ~SVies. liab~Titisi, obli~ationi, and exown-
bra~cea of every nat~cre on aaid deacribed property. eaell a~td every, and if ths sama bs riot M'~~P~
ly paid the sa~d ~[ortpayee~. its / ~a~.t~., ~yd repres~vei ar aiiiy~, '~Y ~~Y `
time pay tha aame toithout u~aivire~ or a1lecti~ tha aption to foreelose or axy riyll~t hsr~der,
arid ever'fl P~+V~+~+t ao made ahaU bear intereit ~ro~n ths date t.llereof at tll~ rate of °ne ~
cant. ~er s~c month.
d. To pay aU and ainyula~ the eoati, clarysa and expenast, iricIudin~ ~uw~er'i ~ea~, reaion-
su ces ors, ~
in~erred m~id at any tims_by aa~d Mort~o~st y its / ~ 1 ai r e~entativea '
or aaaigna, becauss of tlte fa~Turs on ths part o~ tlM said MortQa~or.~.~ their keira, ~Dd
reprsaentativea or aaai~~s to Pe~'forM, ~Pt1? +oith a~nd abids by eacll and every tlia atipuiationi,
agreementa, eonditiona and cove~anta oJ aaid promiasary ~oie_ a~d "r~is as~s', rsr suis:°=. ~.T.,:
every such payment ahali bear int~ereat ~rom date at the rnte of one ~ month `
;
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4. To keep the bu~ldin~a noia or liereafter on aaid land inaured in a sum not iaas than '
~
the full insurable value _ a~~~
to be approved by aaid Mortgagee_, and t1Y~e poiicy or polieiea held by a»d payabie to said Mort- ~
g~et~ its successors, io.~., ~y~ representativea or assigna, a»d in tke snent i
any sum of money becomee payabts w~der a~ch noiic~r or poticies. tha Mortyaqe~-, its
successors, ~g~ r~.~~~ti~ ahali laavs tlu aption to reeeiroe and
apply tlae same on account of the indebtedneaa kereby aecur~d or to permit the MortQa~or.~ to
reeeive and use it or any part thereoj for other purposea, urithout thereby soaivin~ or impairix~
any ~m~v, lien or right under or by virtwe of thia mort9ags. ~d may t~tacs and ~ay for aueh
insuranee or any part thareof without waiviny or aff~~+9 ~ oP~ to faredose or any ~ht
I hereu~eder, and eack and every auck payment ihaU bear intereat from date at the ra#s of one
~ per eenk per ~ month. -
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( 5. To permit, eommit or auf
f
er no waata, impairmeret or deterioraiion of aaid property. or any
p pa?'t t~16rEOf.
E
~ 6. To perjorm, eomply snith, ared abida by each and enery t,lae atipulationa, a9~'eementa, eon-
~ ditions and eovenarita in said promiasory nota_, and in thia deed set f
orth.
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~ 7. If any of said sums of money haraitc rsferred to bs not promP~Y ~ f~Y P~ +~~x
30 ,~.ya next after t1f~s aame severaliy beeoma due a~nd payabk, or ij each and every the
atipulatior~a, agreementa, conditiona and cone~ants of said promiaaory not~ and thia d~ad, or
either, are not juAy performed, complicd witk and abided b~?, tlu said ayy*tya#e aum mentioned
~ in aaid promissorl/ twte_ shaA~~~s~"o~3, p°'yabie forthioitk or thereafter at tlr~ opt:oR of
~ the btortgagee-, its / ~~jat represe~ta~ives or aaaigna. aa f+~v ~~~y
~
~ aa if the aaid ayDre~ate sum of TEN THOUSAND AND NO/100----------- ~olTara ware
j origsnally atipulated to be paid on sueh day, anything in said promisaory ~.ote_ or herei~t to the
~ eontrary nottoithatandite~. -
~ IN WITNESS WHEREOF. Uu aaid Mortga~or~ have set their
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~ harid~_a.rrd seai s tlae day and year firat abov ' ten.
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~ Signed, aealed and de1 "ver~, ix preaenea of ua: f
l--r~~~~t (Seca)
% • /i,' ~ WILLIAM H. NEISON
~ j ; 1 .l'~
~ ~ ~_1 ~ L~_ l'.1~7, t, /P`" ~/~-/'~j.
~ ~ _ ' L(Seai) -
~ CHARLOTTE C. NELSON
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; !%i~~ lu~~nm~r~al f~rr~~rr~J !y:
V BOCK~~~ PRf~
_~S
l ~ ~I~/~~.T
~ . . . . . . . ~ . . . . _ _ . = .ii'' 'C_