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-~~1t~~p~1 ~13U~1~8, thut if aaid Jlfort~d~or shcitt pa~y unto the scaid Jlfort~a~ee
the certain prnmisaory note, o~' which the fotlowin~ in words and ~it~urea i8 a trua cop~,
to wit:
COPY OF NOTS ATTACHBD HERSTO .
AND MADE A PAItT HERSOF
and shall perjoim, comply with. a~ad abide by each and ever~ the stipulations,
a~reements, condition.~r and coveruants of said prnmissory note dnd of this deed, then
this deed ctn.d the estate hereby created shall cease and be nult and void.
i .t~Iii,1 the sa,id Jlfortga~'or hereby covencants and dgrees:
~ .1. To pay a1l and sin~ular the principal and 'inte~e.st and other sums oj money .
P payable by virtue of said p~omissorJ note and this deed. or either, promptlJ on the
~ days respectively the same aeverally come due.
To pay all and sin~ular the taxes, assessments, l.et~ies, liabilities, obli~ations
~ and encum.brancea oj every nature on said desciibed property each and every, and
if the sc~m,e be not prnrriptly paid the said .1Kort~agee rnay a,~ any ti~ne pa,y the same
without zvairrin~ or affecting the option to foreclose or a.riy right hereunder, and eaery
pcaym,ent ao ma~de shall beczr intere8t fro~n the dcite thereof act the rar,te of 10
per cent. per a,nnum.
- J. ?'o pay all and ain~ular the eo8ts, C~L(lTgP.4 a~ui expenses. includin~ lawyer's
fees, reczsonably incurred or pacid at any time by said .JKortgc~gee because of the fu,ilure
on the pa.rt of the said .Mort~ic$or to perform, co~nply with and abide by each and
ever~ the atipulations, c~~eements, conditions and covend~ts of said pru~nissory note
and thi,s deed, or either, ctnd every such pa.~ment sha,ll bear ir~tereat frnr?L date at the
rate of 10 per cent. per annum.
To keep the bt~.iiding now or herearter on. said land insured in a sum not
leas than full insurable value
Dotlara, in a company or companies to
b~ apprvved by said JKort~dgee, and ~he poliey or poli~ita held by and payable to said
.~ort~ac~ee, and in the event any surn of m,orr.~y becorraes payable under auch policy or
polieies, the .JKort~d~ee sh.a,ll have the option to reeeive and apply the same on aceount
of the indebtedneas hereby seeured or to permit the Mort~ce~or to receive and use it, or
any part thereof, for other purposes, wi.`,hout thereby wa,iving or impairing any equity
lien or ri$ht under or by virtue of this m,ort~a~e, and rrca~ pla,ce and pay for auch
in8urccnce or any part thereof, without waivin~ or affectin,~ the option to foreclose or
any ri~ht hereunder, a.rid each and every sueh pa~nzent Shall bear i~tterest from date
at the rctte of 10 per cent. per annurn.
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