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years fro~n date hereof, which note provides that all inatallments ,
of principal and interest are payable at the office of payee, `
211 Hiqh Tower Building, Oklaho~aa City, Qklahoma 73102, or at
such other place as the holder may designate in writinq, and
that each maker and endorser aqrees to pay all costs of collection,
including a reasonable attorney's fee, upon default in the payment
of said note, and that if default be made in the payment of any
installment thereunder and that if such default is not made,good
in accordance with the terms of said note, that the entire principal _
sum and accrued interest shall become due and payable without
notice ~t the ogtien of the holder thereof. And shall duly,
promptly, and fully pe=form, discharge, execute, effect, complete
and comply wit~ and abide by each and every the stipulations,
agreements, conditions, and covenants of said praa?issory note
and this nartgage, then this mortgage and the estate hereby created
shall cease and be null and void.
And the Mortqagors further covenant as follows:
l. That they will pay the indebtedness, as hereinbefore
provided.
2. That they will pay all taxes, assessments, water rates,
and other g~overnmental or municipal charqes, fines or impositions,
for which provision has nat been made hereinbefore, and in default
thereof, the Mortgaqee may pay the saaie and be secured by the
lien of the mortqage; and that they will promptly deliv~er the
official receipts therefore to the Mortgagee.
3. T'hat they will permit, commit, or suffer no waste, impairment,
or deterioration of said property or any part thereof; and in the
event of the failure of the Mortgagor to keep the buildinqs on
said premises and those to be erected on said premises, or improve-
ments thereon, in good repair, the Mortgaqee may make such repairs
as in its discretion it may deem necessary for the proper preserva-
tion thereof, and the full amount of each and every such payment
shall be i.mmediately due and payable, and shall be secured by the
lien of this mortgage. ~
4. That they will pay all and singular the costs, charges
and expenses, ineluding reasonable lawyer's fees, and costs
of abstracts of title, incurred or paid at any time by the
Mortgagee because of the failure on the part of the Mortgagor
promptly and fully to perform the agreements and covenants
of said promissory note and this mortgage, and said costs,
charges, and expenses shall be inmediately due and payable
and shall be secured by the lien of this mortgage. ~
5. That they will keep the improvements now existing
or hereafter erected on the mortgaged property insured as may
be required from time to time by the Mortgagee against loss by
fire or other hazards, casualties, and contingencies in such
amounts and for such periods as may be required by Mortgagee,
and will pay promptly, when due, any premiums on such insurance
for payment of which provision has not been made hereinbefore.
All insurance shall be carried in companies approved by Mortgagee
and the policies and renewals thereof shall be held by Mortgaqee
and have attached thereto loss payable clauses in favor of and
in fonn acceptable to the Mortgagee. Renewal policies shall
be delivered to Mortgagee at least ten (10) days prior to expiration
of existing policy. In event of loss, they will give inmediately
notice by mail to Mortgaqee, and Mortgagee may make proof of
loss if not made pramptly by Mortgagors, and each insurance comQany
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