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n s e~ntua~ p~s annum a~ tb~ uspaW
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e.~ape. ~uw m.~~s• TM Mid Pr1udW1 tad tai~t~s! sluU M dw .Aa p.rsbw in eixty montha, at 10%
~!at S84.99 per month iacluding interest.
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and sn:~ii duly. promptly and fully perform, discharge, ex~~cuie, et;ect. completo. comply with and obid~ by each `
and every the stipulations, agreements, conditions arsd covenan:s of said prom~ssory note and oi thie mortgage, '
ti?en tlus mortgage and the eatate hereby cmated ssiiall coase and be nu:I anti vold. 4
It is understood th~t each ot the words. "noie;' "morigaoor" end "mottgxgce" rnspcctivcly and CUe pron-
ouu9 mferr~ng ti?eccto, whether in the einguier or p3ural anywY.ere in Lhi9 morigage. shall be singular it one oniy
and si?ail be p:ural jolnUy and severaliy. it more i'r?an one, s;:u ».*~ali be masculine. feminine and/or neuter. wner-
ever che context eo implies or a.dinits.
And said Mortgagor for himselt and his heirs, legal represen.atives, successors and assigns, hereby ooven- _
anis ana ag~eea to and with eaid atortgagee. hie legal represen:atives, successors and aa9ign~: , _
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; 2. To pay al1 and aingular the principal and interest and the various and eundry aums ot money payable by
~ v:r:ue of said promissory note. and this mortgage, each and every, promptly on the daya respectively Lhe same
eeverally become due.
~ 2. To pr.y all nrtd sin~ular thc iaxes, assessments, leviee, 3iabilitiea, obligaUons t~nd Incumbrances ot every '
~ nnture and kind now on ~id Jescribecf properly, and/or that hereafter may be impo.ged, auffered, placed, l~sv~ed
f or assessed tiiercupon, an3/or that henafier may be Icv:eci or aavrssed upon this mortgage and/or the indebted-
~ ne~s secured heraby, each and every, vvnen d~ie and payab;e according to iaw. before they become delinqucnt, ±
and b~:fore i+ny interest attaches or any penalty is incurred; an3 in so far as any thereof is of record the same
sh:?11 be prompUy satisfied and discharoed of record and the onginal official do~ument (auch as, for ins[ance,
ihe tax receipt or ihe satis[action paper officiaily en~lorseJ or certified) ahall be placed in the hand9 of said
1:ori~;a~;ce within ten d:?ys ncxt after payment; and jn the eveni that any thereof is not so paid, satisficd and
dischucgcJ. said tiSoriga~ee may at any time pay tt,e s.~une or any part thereof without waivin~ or affecting
any optit,n. :ien, equi[y or right under or by viriue of this mortgage. nnd the full amount of each and every
sucn payment ahall be immed:atc:y due and payab2e and shali bear interest irom the date thereof until paid
at tne rate of ten per centurn p:.r annum and wgether with such interest ahall be secured by tha lien of this
mortgage.
3. To p~aca and continuously keep on the buildin~a now or t,ereafter eituate on said land fire and windstorm
:nsurunce in the usual standard policy torm, in a sum not less thtan S••------••----•..-••-••••---•--•••-••••••••-••••-••••-••. ~n auch com-
pany or com~~nies as may be approved by said 1?iorloa~ce; and ~11 such insunnce policies on any of sstid build-
. ii~;;s, any interest therein or part thereof, in the a~gregate sum aforesaid or in excess thereof. 9hall contnin tho
Lsi~a1 s:r.ndard mortgagee clause making the loss under aaid policics, eath and every, payable to snid J?iort~,~:?-
y;ee as n3s interesi may appear, and each and every such po:icy shaii be promptly delivered to and held Ly said
~iori~abce; and, not less than ten daya in ad~~ance of the expiration ol each policy. to deliver to sxid Aiortga~ee ,
~ a rcne~val :hereof, together with a seceipt for the premium of such renewr.l; and thera 9hal: be no such insur•
~ ance placed on any ot said buildings, any interest Lherein or part thereof, un;ess in the form snd with the I~ss
~ ~ap~~~:e as aforesaid; nnd in ihe event any sam of mo:~ey ~comes payable undes snch policy or policie9 sa:3
~ ~,or:~;a~ee shall ha~e the option to receive and a~piy ihe same on accouni of the fndebtedness secured hereby or
~ to ,~rrn~it s:.;d 1tor.fia~or to receive and use it or any par: thereof for other purposes without thereby wti~:n~:
or irr.pairin~; any cq~sity, lier. or r.ght under or ay viriue of thi3 mortgage: and in the event eaid Mort~n~;or s.~all
~ for uny reaso~ fs?il to kecp the said premives so iasurcd, or faii :o cieliver prompUy eny ot said ~l~cies of .
~ in;t:r:~nce to sa~d ~iortgagce, or fa;l promaily to pay fuliy ar?y premium therefor. or in any respect tai: to per-
form, ciischar~e. execi~te. effect, complete, comply w-ith and aoide by Lhis covennnt, or any part hereof. said ~iortb-
~ a;;er rnay pi:.ce a~~d ~ay for such insurance or any part the: eof without waiving or a[fecting ony optiun. l~en,
~ equity or r,g'r~t under or by virtue of th:a morigage, and t:?e full aq:o~?nt of each and every s~ch payment shail
~ b.: immedic+Lely due and payable and shail oear inierest from the date thereot untfl paid at the rate of Len per
cenium ~er annum and together with aucn interest shall be eecured by the lien ot thia mortgage.
4. To permlt, corr::
:i: or auf[er no waste, impairmeni or deterioretion of aaid property or any part thereof.
~
~ L. To pay nll and singulnr the cosis, charge~ and e:cpensc9, inciuding reasonable lawy~er'a fees and cos~ ~i
~ ~batr:?c.s of title, fncurrecl or paid at any time by said hiortgagee because end/or 1n the event ot the fr?tluro
an the pari ot the snid Mortgagor to duly, prom,pily and fu31y pertorm. diecharge, execute, eftect. complete~
comply with and ab:d~ by cach and every the stlpulations, agreerr~enL~, condiUoas and oovenante oi sH~d promis-
~ sory note, and this mort~age, any or either. and a~?id co9is, charges and expenee9, each and every. sheU be Im-
mcdiate:y due and puyable. wheiher or not there be notice, demand, attempt to collect or ault pending: and tho
:,~I] amount of each and every auch payment ahall bear intareet lrora the dats t2?ereo! uat11 paid at the rate oi
ten per centum per annum• and all eaid coate. chargaa wd expaareP ao lncus'ned or Paid, Wgetber aritb sucb fn-
~ tereat, rholl Ds oecurod by ths Lea oi Wt~ morigaga '
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