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ancl sJ~all perform, complJ u~ith and abicle bJ eacla an~ Qc~~~~ !l~o cfi~?~~In/in»c. ,
a~ree~ne~rts, c~~?ndili~~is and eoz~enants of said pronaissort,/ note and oj' thi-s deed, ~
tite~r. t)ri~ dee~l a~rcl the estate lierebJ creaGed shull cease ancl be nrcll a~rd i~oid. j
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~ ~~ri(~ the said .llort~a~or for themselves dna tlieir heirs,
' ( le~al representatir•es ~nd assi6~is, hereby corenant a.n~ a6ree . j
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1. To pa~ all and singutar the principal and interest and other su~ns of mone~ '
payable by virtue of said pronai.ssory note and this deed, or either, promptly on '
the days respectiz~ely the sam.e severally come due.
I To pay all and sin.~sr~lar the tcrxes, assessments, leiries, liabilities, obli~sations ;
E and encum brances of everrJ nature on said described propertJ each and evenJ, and
if the 8ame be nct promptl.y paid th.e said ~~Iort~agee, its heirs,
le6al represen.tati.t•es or assig~rs ~nay aG anJ tinte pay the sa~n.e uithou.t rcai.z~ing or
af)"ecting the option to foreclose vr cany ri~ht laereun.der, and et~errJ paJnaent so made
~ shall bear interest jroni the date thereof at the rate of 10 per cent. per a~anum. ~
" ~ ' s'~ " 'it c sis cnar es and ex enses includinc~ lawr er's
3. 1 o p~J au ancr , r rgutar t e o , g P , ~ J
je.es, reasonubly in.cr~rred or paid at anJ lime LJ said ~lfortga~ee, its
! heirs, legal representatiz~es or assi6ns, be~atcse o/ [he failure on the part of tlie sai~l
~ hfortgagor. their heirs, Zeoal representatir.~es or QSSl~ItS, to pcrf~?rni,
com.ply with and ~bide bJ each. and Pi~erJ the stipt~lation-s, a~rce~ne~rts, ~onditious
_ and eot~enants vf saicl promissor~ note a~id this cleecl, or either, ~rn~l et~PrJ •urh
- payment sltall bear interest from. date at the rate of lp ~er cen.t. per ct~i~arnn.
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To kPPn j»rTl~liii~ nou~ or hereajter on said Zan~l i~isrcred i~t l1 SLG7)2 n.ot '
t~ less than NO/V ~ Dollars, in a compan.J or conapaniey ta
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be approreci b~ said .~Iortga6ee ~ and the policy or policies helcl bJ and pc~ya.bl e
to said :~fort~a~ee, laeirs, legal representatives or assigns, an.d in,
the et~ent anJ sum of mo~tey be.contes paJable under such policJ or policies, tl:e ~
il ~fortgagee, ~ heirs, legal representatiz~es or assi¢~zs, shall har•e the ~
option to receiz~e and apply th,e sdm,e on account of th.e indebt.e~ln.ess hereby secured ;
; or to permit the ~~4fortgagor to receive and u9e it, or any part thereoj, for other
I purposes,, uithout t.hereby u~aii~in~ or impairing anJ eqr~itJ lien or ri~)at tcnder c~r :
~ by virtue of t.his mortgage, and maJ place and pay for such i.nsurance or any ~
part thereof u~ithout waic~i~rg or atj"ectin~s the option to foreclose or a~r f ri.alct here- ;
under, and eaeh and every such paJment shall bP,ar in.terest from date at the rate j
oj per rent. per ann.um.
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