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~r01t~p~ ~lU~l~B. that ~aaid JKort~a~or ~ha,l1 pay~ wnto the aa,~d .1Kort~vc~ee
Wye ceraa~ri praniseory riote, of which tl~e follow~nj in w~orda and ~it~una ia a~rue copy,
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and aholl perjo»n, comply with and abide by e~soh and every the atipulations,
a~mentt, conaditiona arasd co~enanta of said prnrnisaary not~ a.~d of thia d~ed, then
thsa decd and the e8tate hereby cr~ated shall cea.se aad be null and void.
~tl~ f~r~ said .~ort,~cz~or h,ereb~/- co~e~aA.ts oaid a,~nea:
To pay al1 and ainjulat the principal a~ul intereat and other sums of money
payable by virtue of said promiasor~ note and thia deed, or either, pror?cptly on the
days ieapectively the sarr~.e se~eraliy com~e due.
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~ t. To pay ali and sin~ular the taxe~, aaaesam.enta, lcviea, liabilities, obti~ationa
and encumbmncea ot eve~1 nature o~t aaid deac~ibed propeity each anai euery, aad ~
~ if the saana bs not P~mPtKI ]~d the so~iid JKort~a~ee rr~ a~ an~ ~ii»s pa~/ t~he aa~
~ without ura,ivin~ or a~fectsn$ the optio~ to forecloae or an~/ ri~l~t he~r+eu».d,er, aaed cvery
~ paynaent so mads sha~ll bear int~ereat fi~o~n ~Jse da,ta t~ereof a~t t7r~ rate of
~ p~er cent. per annuna.
~ d. ~'o pay oll and iinjular the coat.s, char~p.~ a»d e.xpensea. includinj larrryei':
feea, reaaonab incurr~al or paic~ a~ a~ ti
me by sasd .1 Kort~a~ea b~eauss of tlu failur~
on tlu pa.rt o~t,7~,e aaid .1 Kort~a~or tv per~orm, co~».pl~ urith and abic~ by each and
every the atipulatioris, cc,(reernenta, conditions and covenacnts of said prurre.~aaory note
~ ctnd t,hsa deed, or ~ith~r, a~nd evtry auch pa~nunt tha~ll buzr iRtereat from date at the
} ra,te of 9~ pcr esn~. per annurri.
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~ 4. To keep the btdldind now or heseaJter on aaid land inaured in o aum not
; ieis tlaan tt~ amount of the mortgage
Dolla~i, in a company o~ componiei to
bd appraaed b~/ aa,id .a[ar~ja~c~, and tlie pol~q/ or poli~es held by a~nd pa~yable to said
~ .1Kort~a~ee, and ia the ~vent awr~/ aum. of r»Q~ becomea pa.~able under aueh polie~/ or
~ policr~, the Jlfort
ja~ee ahal~ havs th,s optwx to reeei.ve a~d aPPl~l ths iume on czccou.nt
~ of tJre indebt~edneaa leercby secu~ed or to pernsi~ taie .~tord~a~or to receiye a~d use it, or
in
~ cw~/ Part tiureof, for ot~r purpoaea, without thereb~/ zaa~tvzn~ or ianPa~i~'in~ an e9
~ lsen o~r ri~ht u~d~r or by virtue of tlua mort~a~, and r~u~y/ Place and ~or a
~ in~turanc~ or czn~/ part thersot, witJwut wa~ivw`~ or m~eetinj t~s optsox to~Joncloae or
cany ri~ht , and ea~.h a~d et~er~/ ~u,oh pa~n~ext sl~a~ii baar ~leret~ fro~n date
~ ot t~ rnte of 9 per cenE. par annt~n.
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~ 192 2'~27
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