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1. To psy all and sin~ulu the principal at~d intere.st and other sums ot awney payable by rirtue oi auid pmmiarory note
and sucl~ inrther sum or sums oi :noney~ ii any. aa the ssid party of th~ ~eoond part msy i?dvanoe to ths part~~ of the
first part prompUy on the days respecLively the aame sa~rarally become due. !
8. To pay all snd ain~ulu the taxea. asseeaments~ levies, liabililies, obligationa and eaeumbrances oi every t~ature on
said descsibed properiies~ and ii the seme be not promptly psid the a+~id paty ot t}~e saond part, ita snoce~aors and asa~s
may at ~ny time psy the aams ~vithout waiving or atiecting the option to forecloee or ouy right hereunder~ and every pay-
ment ao made sl'iall~bear'interesi imed ~he datc heseoi at the rat~ of'ei~`percent~ pes annum." '
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3. To psy all and aingulsr the eosta~ cherges and ezpet?a~, including attorney's fees~ reaaonably incurred or paid st any
time by said p~rty oi the aeoond part~ ita auoe~saora, legal representativea or aasigns~ because ot f,he isiture oa the part of the said
pa e8 oi the tirat part, thpi r~~~. I~ ~p~~~{,~~ or aasigns~ to pertoria. oomply with and abide by eacb
and ev~ery stipnlstion, agreement~ oondition and covenant, oi said promissory aote ~utd this deed, or either, and every such pay-
ment shall bear interest irom data at the rate ot percent~ per annnm. .
To pnrmit, oommiE, or snifer no watte. impairment or deteriontion ot satd propert~ or any part thezeoi.
6. To periorm, oomply with and sbide by each snd every the siapulstions, agreemvnta, condiiauna snd oovenants in
said promisaory note snd ia this deed set iorth..
6. I# any o~ said suma of money herein rc[ert~d tc~ tia r,~t promptiy ~t?~d f~Ily gaifl withia 30 dara r.~~t =.**.Qr -
same eeveraily beoome dae and p~?yable, or if each and every the atipnlations~ agreementa, oonditions and oovenanta ot aaid
pro~issory note aad this deed, or either, are not dnly pertormed, comp2led with and abided by. the said aggregate sam men-
tioned in said promiasory note, ahsll beoome dae and paysble forthwith, at the option oi the party of the eeoond part, its
succeawrs~ legal repreaentaNvea or aasigns~ aa fally and completely as if the asid aggregate sum oi
or the advanods heretofore referred to wae originaUy stipulated to be psid on sneh day, anything in said pmmia~ory note or
notea later to be ezecnted aad aecared hereby, or herein, to the contrsry notwitbstaading.
To keep the bn~dings now or hereafter on s~?id lands insnred in the sam aot leas}than s15,000.00
dollars in a oompany or sampsnies to be approved by the said party oi tbe aecond part, its snoceseors, legal repreaentativea or
assigns. snd in tbe event any snm oi moneq beoomea peysbie nnder sach policy or policies~ the aaid party of the ~econd part.
its suoceasora or Asaigns, shall have the option to receive snd apply the same on acconnt oi the indebtedneas hereby secnred
or to permit the parties of the first part to receive and uae it, or any part thereof, for other pnrpoees, vvithont thenby wsiv-
ing or impairing pny eqaity lien or right nnder or by virtue of thia mortgage and msq place and pay for anch inaurance or
any part thereoi without waiving or affecting the option to ioreclo~e or any right herennder and esch and every such paymeat
shall bear intereat st the rste o2e.~ht percent per annam imm dste.
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8. In the event it becomes necesaery to foreclose thia mortgage, parties of the first psrt agree to the appoinhnent of a
receiver, to conserve the rents and proiita secnring from or derived from the above descn'bed pmpexty.
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IN WI'i'NESS WHEREQF. the said Mortgagor g- hereanto ect thei~ hand.8_ and sesi R the
day and yesr lirst above written.
Signed, aealed and deliv the presence of: .
` SEAL)
~Jk a- VK%
/ (SEAL)
aoo~182 ~ ~41
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