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b~»M m~~ d~sl~aat~ ta wr[tia~. lop~lMs with ial~sW tsoiw dat~ at !M sat~ o! p~s e~ntum p~r anawa oa uapaid
brlaoe~ na!!l mt~rtl~. TM ~aid ptindpal aad laNr~s! ~a11 M dw aad par~bN 88 f O110M/8 2
S79.08 mcnthly for a psriod of sixty t60) months.
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DOI~ALD H.
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-----18El1I.1
ANA S. MURRAY .
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and shall duly, prompUy and [ully perform. discherge. execute, effect, completP, comply wtth and abide by eaeh
and everv the stipulations. agreements, conditions and covenants of said promessory note and of thia mortgage, t
then this mortgage and the estate hereby created shall cease and be null and ~•o~d.
It ia underatood that each of the wor~, "note." "mortga~or" snd "mortgagee" respectively and We pron- ~
ouns refetring thereto, whether in the singular or plural anywhere in this mortgage, ehali be singttlar il one only
and shal! be plural }ointly and severally, if more than one, and sha11 be masculine, feminine and/or neuter. wher-
ever the context so implies or admits.
And said Mortgagor for himself and his heirs, legal representatives, successors and assign~~ hereby covea-
anta ana agrees to and with eaid Mortgagee. hia legal representatives, successors and assigns: ~
1. To pay all and singular the principa! and interest and~ the various and aundry aum~ ot money payable by
virtue of sald promissory note. and this mortgage. each and every. prompUy on the days tespectivety the same
aeverally become due.
2. To pay all and aingular the taxes, ~s.9easments, leviea, liabilities, obif~ations and incumbrances of every
nature and kind now on said described property, and/or that hereafier may be imposed, auitered, placed. levied
or assesaed thereupon, and/or ihat hereafter may be levied or a,~ssed upon this mortgage and/or Lhe indebted-
ness secured hereby, each and every, when due and payabie according to taw, betore they become delinquent,
and before any interest attaches or any penalty i9 incurred; and in so faz as any thereof is of record ihe same
shall be promptly satisfied and discharged of record and the oriqinal otficial document (such as. tor instance,
;he tax receipt or the satisfaction paprr officially endors~d or certified) shall be placed in the hands ot said
Mortgagee within ten days neaL after payment; and in lhe evenl that any thereof is not so paid, satisfied and
discharged, said Mortgagee may at any time pay the same or . any part thereof u-ithout waii~ng or affeciing
~ any option, lien, equity or right under or by ~•~rtue of this mortgage, and the full amount oi each and every
such payment shall be immediately due and F~ayabte and shall bear interest from the date thereot uniil paid
at the rate ot ten per centurn per annum and t~gether K1Lh such interest shall be secured by the lien of this
; mortgage.
~ 8. To place and continuously keep on the buildinGa now or hereafter eituate on said land flre and windstorm
~ insurance in the u.Qual standard policy [orm, in a sum not less than S_-----••----•---•--- 1n auch com-
` pany or comp^nies as may be approved by said Morl~n~ce: an~1 ap such insurance policies on any of said build-
ings, any interest therein or part thereof, in the aRfiregate sum afornsaid or in excess ~hereof, shall contain the
[ usual siandard mortgagee clause makinR the 1u~9 ur.d~r said policie9, each and every, payable to said Dtortga-
~ gee as his interest may appear, and each and e~~ery su~•h poticy shaii be promptly delivercd to and held by said
, 1lfortgagee; and, not less than ten days in ad~~ance of the expiration of each policy, to deliver to sxid l~iortgagee
; a renewal thereof, toRether with a receipt for the prPmium ot anrh renewnl: and there shail be no such insur-
~ ance placed on any o[ said buildinRs, sny inierest therein or part thereot, unle.4s in the form and with the !ws
~ payable as aforesaid: wnd in the erent any sum o[ money becomes payable under such pollcy or policies said
` Mori~agee shall ha~•e the optian to recei~e and apply the same on account ot the indebtednes9 secared hereby or
~ Lo permit said Mortgagor to recei~e and uae it or any part thereot for other purpose9 without thereby waiving
~ or impairing any equity, lien or riRht under or by ~irtue of this mortgage; and in the event said Mortgagor shait
E for any reasoa fait to keep the said premises so insumd, or fail to deliver rom q any of said
insurance to said 1?[ort ee, or fail p p 3' policiea oi
g~ promptly to pay fnlly any premium therefor, or in any rwpect fail to per- ,
form, discharge, execuie, effect, complete, comply t~~th and abide by thia covenant, or any part hereof, said Mortg-
agee may place and pay for such insurance or any part thereot without waiving or affecting any option, lien.
~ equity or right under or by virtue o[ this mortgage, and the full nmount of each and every auch payment shall
; De immediately due and pa}•able and shall bear intPrest from the date thereof unttl paid at the rate ot ten pec
; centum per annum and together with such tnterest shall be aecured by the lien of thie mortgage.
4. To permtt, commit or auffer no waste, impairment or deterioration ot satd property or any part thereof.
; 6. To pay sll and aingular the costs, chargea and expenses, including reaSOnable lawyer'a tees and emt of
abatracta o! title, incurrecf or paid at any tlme by said Mortgagee becauae and/or In the eveat of the taflure
on the part of the said Mortgagor to duly, promptiy and fully peKornu. dlscharge, ea[ecute, effect, complete~
comply with and sbide by each and every the sUpulation~, agreement~, condiUons and covenante ot 9aid pmmis-
_ sory note, and this mortgage, any or either, and sald costs, charges and expenees, each and every, ahsll be im-
' mediately due and payable. whether or not there De notice, demand, attempt to colkct or suft pending: and the
~ full amount ot each and every auch payment ahalt bear interest from Lhe date thereof unt11 pald at thP rate ot
= ten per centum per annum• and sll enid cwte, charges sdd eapenae~ eo lacurred or paid. together wlth euch ia-
: tetest,~ st~all be secured by ths liea ot Wa morsgage.
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