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and ahall duly, promptly and fully perform, diacharge. execute, efiect, complete, comply anth and abide by each
and eeery the stipulations, agreements, condition9 and covenanta oi said prom~ssory note and of thie mortgage~
tteen tlsL mortgage and tbe estate hereby created shall cease and be null and vofd.
It i~ understood that each oi the worda, '•note," "mortgagor" and "mortgagee" respectively ~and the uron-
ouna referring thereto, whether in the aingular or plural anywhere in this mortgage, ahall be eingvlar it one only
and ahall be plural jointly and aeverally, it more than one, and shall be masculine, teminine and/or neuter, wher-
ever the aontext ao implies or admlta
Md ~aid Mortgagor for himeelf and hia heirs, legal representativea, successora and assigas~ hereby covea-
anta ana agrees to and with aaid Mortgagee, his legal representativea, succeseors sad assigus:
1. To pay all and aingular the prtncipal and interest aad the various and sundry auma of money payable by
virtue ot satd promissory note. and this mortgage, each sad every, promptly on the daya respectively the same
severally become due.
2. To pay all and aingular the taxea, asseasments, leviea, liabilitie9, obligationa snd incumbrances of erery
nsture and kinA now on said described property, and/or that hereafier tr~ay be imposed, suft~red, placed, levied
or assesaed thenupon, and/or that hereafter may be levied or assessed upon this mortgage and/or the indebted-
ness secured hereby, each and every, when due and payable according to law, before they become delinquent,
and before any intere9t attaches or any penalty is incuned; and in so far as any thereot ia oi record the same
ahall be grnmpUy satisfied and discharged of record and the original otticial document (such as~ for inatance,
Lhe tax receipt or the satiafaction paper officlally endoreed or certltied? ahall be plared in the hands of said
Mortgagee within ten days next after payment; and in the event that any thereof is not ao paid, satiafied and
discharged, said Mortgagee may at any time pay the same or any part thereo[ without waiving or affecting
any optian, l~en, equity or right under or by cirtue of this mortgage, and the full amount oi each and everq
auch payment shall be immediately due and payab:e and shall bear interest from the date thereof until paid
at the rate of ten per centurn per annum and together with svch interest shall be secured by the lien of this
mortgage.
3. To place and continuously keep on the buildinga now or hereafter aituate on said land ftn and windstortn
insurance in the usual atandard policy torm, in a svm not lesa than i--.-Z~?a?~~--...-•---.---•-•-••••----...•--..., in such com-
pany or comp^nies aa may be approved by said Mortgagee: and all such insurance policie~ on any of said build-
inga, any intereat therein or part thereof, in the aggregate aum atoresaid or in excess thereo[, ahalt contain the
usual standard mortgagee clause making the loss ur.der $aid policies, each and every, payable to said Mortga-
gee as hie interest may appear, and each and every such policy sAall be promptly delivered to and held by esid
I~fortgagee; and, not tess than ten daya in adt•ance ot the expiration ot each policy, to deliver to said Mortgagee
a renewal thereof, together with a receipt for the premium of such renewal: and thera ehall be no such insur-
ance placed on any of said buildinga, any interest therein or part thereof, unless in the fotm anQ with the loss
payable as eforesaid; and in the event any aum ot money becomea payabte under auch policy or policies said
Mort~agee shall have the apUon to receive and apply the same on aceount ot the lttdebtednese secured hereby or
to permlt said Mortgagor to recelve and use it or any part thereot tor other purposes without thereby waiving
or impairing any equity, lien or right under or by virtue of thia mortgege; and in the event sald Mortgagor ahall
for any reason fail to keep the said premises so insured, or fail to deliver prompqy any of said policies of
insurance to said I?iortgagee, or fail prompUy to pay fully any premium theretor, or in any reapect fail to per-
form, discharge, execute, effect, complete, comply with and abide by thia covenant, or any part hereol. aafd biortg- ~
agee may piace and pay for such inse~rance or any part thereof wiLhont wafving or affectlng any option, lien,
equity or right under or by virtue of this mortgage, and the fuU aqnount of each and every such payment shall
be lmmediately due and payable and ahall bear interest from the date thereot unttt paid at tha rate ot ten per
centum per annum and together with such intereat ahall be secured by the llen of thL mortgage.
4. To perm7t, commit or suffer no waete, Impairment or deteriontion ot iald property or any part thereot.
b. To pay all and singular the caste, charges and expenses, lncluding reasonable lawye~'s fees and cast of
abetracts ot tiqe. incurred or pald at nny ttme by eatd Mortgagee because and/or In the event oi the fatlurs
on the psrt of the said Mortgagor to duly, promptly and tully pertorin, dlscharge, euecute, etfect, complets. t
comply with and abide by each and everq the atipulatlons, agreement~, condltlons and oovenanb of aaid promis- ~
sory note. and thla mortgage, nny or etther, and aaid cwts, chargea aad a:penses, each and every, shal! bs !m- ~
msdiately due and payable. whether or not there be notice, demaad, attempt to coUect or suft pending; and the ;
full amount of each and every sucA payment ahall besr interest trom ths dets thareoi until psid at the rate ot ~
ten per cent~un per annum• and sll eafd oosts, chargea and ezpea~s~ an incurred or pai4, together wlth such in- i
tereat, ~ha11 Ds ~ecured bp ths Ifea ot thL mortgags. !
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