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'~rDUt~lp~i MllUtt1~A. that if aaic~ J!t'ort~a~or shalt pay :cnto the .~Qic~ J~fort~a~ee
t,hE certuin prnmissory note, of zuhich tha followi~r~ in wornds and ~~wrea is a lrue copy,
to wit:
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and shalt perfo~m, coniply u~ith. a~rc~ abide by euch and every the stipulations,
agreem,ents, conditions ccnd covenccnts of said prnmissory note and of this deed, then ~
thia deed ccnd the est~,te hereby crec~ted shatt cease and be nult and r~oid. ~
.t~ti~1 the sa,id .Afortgci,~'or hereby covenarits and a~rees:
.1. To pay alt and sin~ula~ the princLpal anci inte~est -rx~d other sums oj m.oney
payable by virtue oJ said pzc~nissorrJ note and this deed, or either, promptlJ on the
days ~espectively the same severally come due. '
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To pay alt and sin~ular the taxes, assessments, levies, liabilities, obti~ations
and encumb~ances of everJ rcature on aoid desc~ibed property eac~h and ev~ry, and
if the sa~ne be not prnrraptly paic~ tlu said .hfortgca~'ee may at dny time pay the same
witlu.+ut wa,i~rin~ or affeetin~' the option to foreelose or dny ri~sht hereundpr, and every
payment 80 ?nccde slutlt becir interest frorn. the dctte thereof at the ~te of 9
per cent. per mr~nurri.
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?'o pay ai1 a~d sin~uia~ the costs, char~PS un,~i expenses, includin~ lawyer's ~
fees, rea,sonably incurred or pa~id czt ctny time by saial JKort~ct~ee beeause of the fctiture ~
on the part ~f th_e sctid JEfort~ragor to perfo~n, corripty uZtli aend abide by each ctnd
every the stipulatians, ac~'reements, conditions and covendnts of said pra~nisSOry note
and this deed, or either, ccnd er~ery sueh pa.yment sluill bear interest frnm d,cite at the
rate of _ 9 per eent. per annu~n.
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Tv keep the building now or hereajter o»- said land insured in a sum icot
~ea8 than the amount of the purchase price
Dollara, in a company or corizpanies to
be appraved hy said .1Kort~a,~ee, ctnd ~he poli~,/ or policies held by and ~ le to so,id
JKort~agee, and in the event any Su~ra` of ~norwv becomes payable u~der auch policy or
potici,ea, the JKort~ac~¢ee shcill have the uption to receive and appl~y the sarne on account
of the indebtedneas hereby secured or to pernzit the .hfort~a~or to receive ~nd use it, or
any part thereaf; ~or other purpose8, without thereby waivi~~ or impo,irin~ acny equity
lien or right un.aler or bb rnrtue vf thi8 mort~a~e, and rnay place and ~r,ay for such
irisur~nce or ctny pacrt thereof, witieout wc~ivtng or a~`'ectin~ the option to foreclage or
cr,n~ ri~h.t hereunder, and each an~d every 8tceh pa~ment 8hall bear ar:terest frvrn date
at Wie rcite of 9 per cen.t. per annum.
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