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anci shall perfo~m, corraply with and abide, by esch and ever&c the sLipulatio~.a,
a~reementa, conditions arid coven.anta of said prn~nisaory note and of this deed, then
t7ua deed awsd tl`e est,ate hareby created shall cease and'bt nutl and void.
,'Attd the said Mort~cr.~or hereby cavehants and a~'reea: '
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~ .1. To pa~ all and sintular the principal anci inte~eat and oLher suma oj monsy
pa~able ~r virtue of aaid p~o~nissprr,/ note and thia deed, o~ either, promptly on the
days respectively the aame severoll~ come due. .
t. To pay a1i arad sin~ular the taxes, aasessments; teviea, liabi.lities, obli~ationa
and encun~.b~ancea oj eve nature on Said desc~ibed p~operty each and svery, and
if the aanu b~ uot prnrriPt~y Paic~l tJ~ sa~id JKort~a~ee m,a~ at a».~ ti~ru pa~ t/u aa.rru
ioitaiout uraiviA~ or mffectiR~ tlu aption to foreclose or ct~~ ri,(ht he;neunder, and every
pa~ment ao ~ ahall bear inteneat fi~nrri tJu date thereof czt th~ ~te of ten (10)
per cent. per a~.num.
7'o pa~ 0l1 and a~n~ula~ tha costs, char~pa an,d e.xpenaea. includin~ lawyer'a
feea, reasonabl~ incurned or paid ax an~ time by aa,id JKart~a,~ee becau8e of the fccilune
on the pa~rt of the said .iKort$a~or tq, perfor»z, co~n.pl~ with and aLide by each and
every tlu atipwlationa, ct~r~c~nent~a, coxditions dnd covenanta of sa,id pr~i~nisaory nota
a~d this dead or eith~ar, and every such paay~nen.t ahczll bear interea~ frnrrz da,t~e at the
~ rnte of ten (1~) per cent. per a,sinum..
~ To keep the buildin~ now o~ hereaJter on said land insu~ed in a aum not
leas than highest insurable value
Dolla~a, in a compan~ o~ corripaniei to
be approved b~ sa~id Mort~a~ee, a,nd Ehc policH or policiea held bj/ and pa,yable to aaid
.~fort~a~ee, cra~d in the tvcnt c~ny du~n of mon~ becon:.ea pct~a.ble ursder auch polic~/ or
policiea, tlu JKort~a~ea aha,ll harre tau option to n~ceive cr,~d aPPly tlr~ aa~ru on account
of tlu indebtedneaa hercby aecr~rcd or to parnzit t,he .~fort~a~or to ncaiva and uaa it, or
ct~ part thereof, for other purpoaes, wi.`,hout thcreb~ w~aivin~ or iinpctirin~ an~/ cq~
lien or ri~ht under or by virtua of thia ~nort~a~e, a~td ntay place and pa for a
inaurrLnct or any pu,r~ ther~of, witl~wut wa~iv~n~ or a~ectin,( tha option to f
oreclo8a or
. o~ ri~ht lur+aund,~r, a,
n d uzch a~
d every a u c~
i pay/~r~e~ t a l
u
z l
l b
~
a
r intereat f
i bm. d
a t
e
o~ tht r~a,t~ o~ ten (10) per cent, par annu~n.
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