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Home My WebLink About1291 l. To psy all and sia~ular ths prlncipsl and interest and other auma ot monep psyable by virtue oi e~?id promi~seory not~ snd this deed. or either, promptly on the days reapectively the eame aeverally become due. 8. To pay sll and ainavlar the tssea~ saaeesmente..leviee, liabilitiea. obli~stions, and incambnncea of every nature on asid deacribed property, each sad every, and if the aame be not promptly psid the asid Mort~agee_., hiB heira. le~al repreeenbtivea or aeeigns, m~?y at say ttme pay the asme wlthont waivin~ or afiecting the opt3on to forecloae or aay ri~bt hereunder, snd every pa,yment ao made shall beur intereat from the date t,~rereof at the nte ~ 10 p~ cent, per annom. 3. To" psy all and aingular the coata, chargea and ezpensea, including lawyer's iees, reseonably incurred or psid at aRy t[me by said Mortgagee_, hie .]e~l repreeentatives or aea~na, becanee of the isilure on the part oi the eaid Mortgagor~ its sacceesora, legal represeatativea or assigns, to pertorm, comply with snd abide by each and every the atipula- ~ tione, agreementa, conditione and covenunts oi said promiseory not~ and tbia deed, or either. and every anch payment ehall bear interest lrom date at the nte ~ 10 per cent, per annum. ~ - 4. To keep the bnildings now or hereatter on said land inaured in a amm ~ot leas thsn ~ hicrhest insurable value _ nollare, in s compan~y or companie~ to be appraved by asid Mortgagee-. and the policy or policiea held by and psysble to esid MortQagee~. ~+eira, legsl repreaentatives or aeeign8, and in the event any snm oi money becomea psyable under auch policy or policies, the Yortgsgee~, h i g ~+eira, legsl repredentat[v~ or seeigns, ahall hsve the opt3on to receive and apply ths same on acconnt oi the indebtedneas hereby eecured or to permit the Mortgagor to receive snd uee it or any psrt thereof for other purposes„ withont thereby waivin~ or impa~ring sny eqnfty, lien or rIgLt nnder or by vi~rtue o! this mortgage, und msy place and psy for snch inaurance or sny part thereof withont waiving or affect~ng the opt~on to foreclose or any right hereander, and eacb - and every snch psyment sl?all bear interest irom date at the rate o~_per oent per ~nnum. 6. To permit, commit or aufier no wsete, impairment or deteriorstion of eaid properky or sqy part therea~. . ~ 6. To periorm, comply witb, and abide by each and every the atipulstiona, agr~eements, conditiona and covenants in said promisaory not~, snd in this deed aet lortb. i [ If any of said anma of money herein reierred to be not promptly and fnlly paid ; ~h;*+ -0- d~ys nezt sfter tbe esme severally become dae snd payable, or if each snd every the sNpnlations, sgreements, conditions and covenant8 oi said pmmiasory note- snd ~ thia deed, ar either, ~are not ially periormed, complied ~vith and abided by. the eaid n,~Qre~ate snm mentioned in ssid promiesory note_ ahall become dne and psyable iorthwith or there- alter st the optton oi the llort,~agee~, hig ~+eirs, legsl repreaentativea or aaaigna, sa fnlly snd completely aa fi the aaid aggregate anm of Eleven Thousand and No/100 ~ 12 , 000 )~ollars were originally stipnlated to be paid on anch day. anythin~ in asid ~ promiaeory note- or herein to the contrary notwithatanding. IN WITNES4 WHTREOF, the aaid pwrty ~ tha iirst part haa csaaed theae rep sents~a be ai~ned in ita name by ~ ~ (~Olqfo~i~loc en~, snd ite e~e~o~cb~ seal to be a~fized, ~ (3ea1) the dsy ~ and year sbove written. 9f R ~ ~ INDIAN RIVER GROVE CO., a ~ 3igned, aealed delivered in tbe presence oi: c se Limited Partnership ~ - ~ , ~ Ind i ally and as c~eneralt partne ~ a.. - ~ - ~ Je~nette Newaan, his wife ~ ~q ' f00X PitCE.l~~ , - _ - s~