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right, title and interest of the Mortgagor in and to any insurance
policies then in force shall pass to the purchaser or grantee.
5, To permi t, commi t or suffer no waste, i mpai rment
or deterioration of said property or any part thereof.
6. That if any of said sums of monev herein referred to
be not promptly and fully paid within 30 days next after the
same severally become due and payable, or if reimburser~ent is
not made Mortgagee within 30 days as to payment of taxes, levies,
assessments and insurance premiums paid by Mortgagee, or if each
and every the stipulations, agreements, conditions and covenants
of said Promissory Note and this Deed, or either, are not fully
performed, complied with and abided by, the said aggregate sum
mentioned in said Promissory Note, and any renewal thereof, and
all indebtedness from Mortgagor to Mortgagee, shall become due
and payable forthwith, or thereafter at the option of the Mortgagee
as fully and completely as if the said aggregate sum of said ~
t
indebtedness and said Promissory Note was originally stipulated
to be paid on such day, anything in said Promissory Note or herein
to the contrary notwithstanding.
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! 7. That in order to accelerate the maturity of the
~
~ indebtedness hereby secured, because of the failure of the
~ Mortgagor to pay any tax, assessment, liability, obligation or
~
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$ encumbrance upon said property, as herein provided, it shall not
~ be necessar nor re uisite that the Mort a ee shall first a
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the same.
~ 8. To perform, comply with and abide by each and
every the stipulations, agreement~, conditions and Govenants in
~ said Promissory Note and in this Deed set forth.
~ 9. Mortgagor by its execution hereof does hereby assign,
~
~ set out and transfer to Mortgagee all rents, issues and profits of
~ ~
~ said premises, but the Mortgagor shall have the right to remain
~ in possession of said
~ premises and en~oy the use~ and to receive
~
~ the rents and profits thereof, so long as there shall be no default
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