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I~ and 8hall perform, comply wi~h and abide b~/ each and ec•er~ the stipulations,
' casreement~s, condition.~ and covenants of said promissory note and of this deed, then.
th.is deed and the estate herebJ created shall ceacse and be nult an~l void.
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( 1~ria the said .hfortga~or hereby covenanis and a~rees:
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1. To pay oll and sin~sular the principol and intereat and other sums of m.o~aey
~~a,ble by virtue of sczid promissof y note and this deed, or either, prnmptly on the
~ays respectively the sccrne seaeractly come due.
To pay all and 8in~ular the toxes, asaeas~nents, levies, tiabilities, obli~ations
and in.cuanbra,nces o~ every natu~e vn said deaoribed pr~perty each and ever~, and
if the same be not promptly paid the sdid .~Kortgagee may at anJ time pay the same ~
withotct wacivin~ or c~f~'e~ting the option to foreclose or any ri~ht hereunder, a.nd everrJ
paayme~at so ~rtcr,de shall bear interest from ~he date thereof cat the rate of six (6 )96
per cent. per annum.
To pay all and sinjular the eosts, char~es and e,xpenses, incluclin~ lau~yer's
fees, reasonably ineurred or paid at any tirn,e by sdid JlTortgct~see beeause of the fa-ilrcre
on the part of the said .Mort~ac~or to perfor~n, corrtply zvith and abic~e by each and
every the stipulations, a~reements, conc~itions and coaen.ants of said promissorrJ note
and this deed, or either, and every such p~yrn.ent shall bear interest from date at the
rate ofsix (6 ~96 per cent. per acnnacm.
To keep the buildin now or here,after on said land inaured in a sum not
l.ess than full insurab~e value dollars, in a com.pan~/ or co~rtpaniea to
be acpproaed by said .Mort~ccgee, and the po6iey or po~ieies held by and pciya,ble to saic~i
.11Tort~agee, and in the event -Qny sum of money becomes payable under such policy or
policies, tlce .~Kort~a~ee slutll have the option to receive and apply the sctme on accorcnt
of the .indebtedness hereby secured or to permit the .~ortga3sor to receive cznd use it, or
acny part thereof, for other purposes, witJiwut thereby waiving or impaciring any eqtcity
lien or ri¢ht under or by virttt,e of tlii,s mort~age, artd may pla,ce ctnd pay for srceh
in~urance or cany part thereof, with.out wctiaing or af)`'ecting the option to foreclose or
an.y ri~ht hereunder aru~ eccch and eaery su,ch pa,yment sh,zZ ~anterea~° m date
at the rate of~c six j6 ) per cent, per annum. 80C
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