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and ahall perfona, comply with and abide by each and evsry the
stipulatfons, aqreements, conditions and covenanta of said p~o- ~
miesory note and of this mortgage,~then thia Mortgaqe and ths
estate hereby creatad shall cease and be null and void.
AND the Mortgagor, for~itself, ita successors and aesiqna, hereby
covenants and aqrees: _ -
1) To pay all and sinqular the principal and interest and oth@r •
sums of money payable by virtue of said promissory note and this
Mortqaqe, or either, promptly on the days~ respectively, the same
severally become due.
~ 2) To pay all and sinqular the taxee, assessments, levies, •
liabilities~ obligatfone and encumbrances of every nature on said .
property, each and every, and if the same be not praaptly paid, the
Mortqaqees, their heirs and assigns~ may, at any time, pay the~•same
' without waivinq or affectinq the optfon to foreclose, or any right
hereunder, and~every payment ao made shall bear interest from the
. date thereof at •the rate of six and ome-half (6 1/2$) per cent -per _
annum. ~
- 3)- To pay all and sinqular the costs, charqes and expenses-,
including lawyer's fees reasonably incurred or paid, at any time,
. by the Mortqaqees, their heirs~and assiqns, because of the'failure _
on the part of the Mortqaqor, its successors and assiqns, to per-
form, comply with and abide by each and every the stipulations, a-
qreements, conditions and.covenants of said promissory note and
this Mortgaqe, or either, and every such.payment shall bear interest
• fran date at the rate of six and one-half ( 6 1%2~) per cent per
annwn.
4) To perrait, commit or suffer no waste, impairment or deteriora-
tion of said property, or any part thereof exceptinq, however, that
the doinq of either or both of the followinq by ~the Mortqaqor, to-
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; - A) The excavati~n and diqqing of ~anals and the creation
` ~ • of artificial lakes or waterways= or ~
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' B~ The reanoval and transfer of soil, rock or muck from
one area of the mortqaqed property to ano`her area oriqinally
encumbered by this Mortqaqe;
Will not constitute waste, impairment or deterioration of the mort- ~
qaged property by the Mortqagor. -
5) To perform, comply with and abide by each and every the
stipulations, agreements,.conditions,~covenants in said promisaory
note, and in this ~Iortqage set forth. . ~
6) If any of said sums of money herein referred to be not ~
promptly_and fully paid within thirty (30) days next after the same
aeverally become due and payable, or if each and every the stipula-
tions, aqreements, conditions and covenants of said promissory note,
and this Mortgaqe, or either, are not fully performed, complied with
- and abided by, the sum stated in said promissory note shall become
due and payable forthwith or thereafter at the option of the Mort-
qaqees, their heirs and assigns, as fully and completely as if~the
. said sum atated~in the promissory note secured hereby was originally
stipulated to be paid on such date, anythinq in said promissory '
note or herein to the contrary notwithstandinq: ~
7) The Mortqaqees have~accepted this Mortqage`and the note it
secures with the understandinq that the Mortqaqflr will never be per-
sonally liable for the payment of any sums whatsoever by reason of
the making of the note secured hereby and the within Mortqaqe, or -
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