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Home My WebLink About1776 ~ _ • t : ' 1. To pay a11 and singular the principal and intereat and other ~ums oi money payable by virtue of aaid promisaory note and such further sum or sums oi money. if any. aa the said p~rty oi the ~eoond part may ~dvu?ce to the part_.1C.sot the first part promptly oA che d•y. reapectively the s~me sev~erally beeome dua 2. To pay all ~nd ainNlar the taue~. ssseasmenb~ ievies. liabilities. obligationa ~nd encurabraneea oi every nsture on ,sid described properttea, u~d ii the same be not promptly W id the eaid party oi the aecond part. its successon i?nd sasigna m~y at ~ny ttme pay the same withont waivins or atieetin~ t he optlon to foreclose or sny MQht hereunder, snd every pay- ment ao made ahall Dear intereat irom the date hereoi at the rate oi percent. per an~um. • 3. To psy all and ain~ul~?r the costs. ehsr~es snd ezpen sea. ineluding attorney's feea. reaaanably incurred or paid at any time by asid puty of the seeond part. ita suocea~ors. leral rs~sesentativea or ~asigns, because ot the isilure on the psrt oi the said par<.~~ oi the first part, their sueceason, leeal npresentativa or aasigns, to pertorm. eomply with and abide by each and every atipalation~ agreement, condition and covenant of wid pmmiseory ~wte and this deed. or either~ and every such pay- ment ahall eear iatenst im~n d~te at the nte oi -8_ pereent. per annum. To peratit, commit, or suffer no w~aste. impsirment or deteriosation of ssid property or any psrt thereof. 6, To perfona, oomplq with and sbide by eaeh' snd eve ry the atipulstioas. agreementa. conditions and covenants in said promiasory note snd in this deed set i~rth. 6. If any of said snma oi money herein reten~ed to be not promplly ~nd fuUy paid within 30 dsys n~t after the aame severally beeome due and paysble, or if eaeD and every the stipulatioas~ ~greementa, conditions snd covenanta of said promiasory note and thia deed, or either. are not dnly performed. complied aith and abided by, the asid aggregate aum men- tioned in aaid pmmiasory note, shsU beeome due snd payable forthwit6. at the option oi the party of the second part, its sueeessors, le~sl repraentatives or sasigns, ss fully snd completely aa ii the said aggregate aum oi ..~10a 000. 00 ~ ~ or the advanoes heretofore referred to vvaa originaUy atipulsted to be paid on such dsy. anything in said promiaaory note or nates later to be ezecnted and secnred hereby~ or herein. to the contrary iatrvithstsnding. ~ 7. To kee the bnildings now or heresfter on sa4d lands insured in the aum not lesa than $10, 000. 00 ~ P dolisrs in a eompany or oompaniea to be approved by the said party of the aeeond part, ita aucceasora. legal repreaentatives or assigns, sad in the event any sum oi money beeomes paysble ander snch policy or polieies, the aaid party of the second part, its auoceasora or aasigns. shsll have the option to reeeive and apply the same on ~?ooonnt oi the indebtednesa hereby aecured ~ or to permit the parties of the first part to receive snd use it, or sny part thereof. for other pnrposea, without therebp waiv- ing or impairing any eqnity lien or right ~nder or by virtue oi thia mortgage and may plsce and psy for snch inaurance or any part thereof vrithont wsiving or afiecting tbe option to foreclose or any right hereunder s?nd esch and every such payment shall bear interest at the nte oi percent per annnm irom date. ± ' ~ 8. In the event it becomea necesssry to foreclose thia mortgage, parties of the firat part agree~to the appointment oi a ' receiver. to eonserve ihe rents and profita eecuring from or derived from the above described pmperty. F 1 ~ ; ~ f ~ ~ ~ ~ ~ ~ ~ y S ~ 7 1 ~ ~ ' liave thei r t IN WITNESB WHERFAP, the ssid ][ort~a~ur hereunto set hand._ sad seal the day :nd year tir.t above ..ritten. • Signed. seale~~tt~d delivere~d in the presence of: SEAL) t ~•l;7 ,c' ~w-- i ..~~xL ~~-liaL. ISEALI 1~5 ~A~~ 1??4 ~ _ ~ ~ , -