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This is a purchase money mort~age given to secure payment
of the balance of th,e purchase price of the above described property ,
as evidenced by.the promissory note herein described.
And the Mortga.gors, their heirs and assigns, do covenant with
the Mortgagee, its successors and assigns, that the Mortgagors are
indefeasibly seized of the land ir3-fee simple; that the Mortgagors
have full power and lawful right to convey the land in fee simp~e
as aforesaid; that it shall be lawful for the Mortgagee, its
successors and assigns, at all time peaceable and quitely to enter
on, hold, occupy and enjoy the land; that the land is free from a11
encumbrances; that the Mortgagors, their heirs and assigns, will
make such further assurances to perfect the fee simple title to !
said land in the Niortgagee, its successors and assigns, as may +
reasonably be required; and that the Mortgagors do hereby fully
warrant the title to the property and will defend the same against the
lawful claims of all persons whomsoever.
Provided, always, that if the Mortgagors, their heirs and
assigns, shall pay unto the Mortgagee, its successors or assigns, the
certain promissory note, a copy of which is attaehed hereto and
made a part hereof, and shall perform, comply with and abide by each
^•'°"•r ~!:o ~+~n„~ at~ ~r~c aa_rPPmPnt_.S _ conditioris B.Yld CoveII321ts
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of the promissory note and of `this deed, then this deed and the estate
hereby created shall cease and be null and void.
And the Mortgagors, for themselves and their heirs and
assigns, hereby covenant and a.grees;
` To pay all and singular the principal and interest and
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' other sums of money payable by virtue of the promissory note and
this deed, or either, promptly on the days respectively the same
severally come due.
2. To pay all and singular the ta.xes, assessments, levies
and liability, obligations and encumbrances of every nature on
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said described property each and every, and if the same be not
promptly paid, the Mortgagee, its successors and assigns, may at any
ti:ne pay the same without waiving or effecting the option to foreclose
~ or any right hereunder, and every payment so made shall bear interest
` from the date hereof at the rate of ten (10) per cent per annum.
' so~~ 183 PA~ ~53
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