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~109. 68 per month for a period oi thirty-six months.
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- - - .................~--~~---................tsFaua
HINE G. L N
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and shall duly. promptty and fulty per[orm. diacharge. execqte, et[ect, rompleiP, romply wtth and abide by eacb
and e~erv the atipulations. agreements, rnndltion~ snd covenants of said prom~saory note and ot this mortgagq
then thia mortgage and the eatate hereby created shall cease and be nuU ana vo~d.
It ia underatood that each of the wonis. "note; '"mortgagor" snd "mortgagee" reapectiveiq and the pron-
oua~ re[erring thenio. whether in the singvlar or plural anywhere in thia mortgage, shall be singular it one oNy
and•~hall be plural jointly and severaily, if mure th~n one, and sha11 be masculine, feminine and/or neuter. wher- -
ever the oontext ao impliea or admits.
And said Mortgagor tor himaett and his heira, tegal representativea, auccessors and asslgns, hereby coven-
anta sna agree~ to and with said Mortgagee~ hia legal representative9, successors and asaigns: ,
l. To pay all and aingular the principal and intereat and We various and aundry sume ot money payable by
virtue of said promiasory note, and this mortgage. each and every. pmmpUy on the days respectively the same
aeverally become due.
2. To pay ail and singu2ar the taxe~, assessments. ]evie3, liabilities, obtlgations and incumbrancea ot every
nature and kind now on said de9cribed properly, and/or that hereafter may be impo~ed, auffered~ placed, levied
or assesaed thereupon, and/or that hereafter may be tevied or assessed upon this mortgage and/or the indebted-
ness secured hereby. each and every, when due and payable according to law~ before they become delinquent,
and before any interest attaches or any penalty is incurred; and in so far as any thereot is of record the same
shall be prompily saiisfied and discharged ot record and the onginal offlcial document (such as. tor inatance,
ihe tax receipt or the satisfaction paper officially endorsed or certifiedl ahall be placed in the hands of said
Mortgagee within ten days next atter nayment; and fn the event that any thereof is not ao paid, satisiied and
discharged, said I?iortgagee may at any time pay the s.3n?e or any part thereof withuut wai~~ng or affecting
any option, lien, equity or right under or by ~•irtuP oi this mortgage, and lhe full amount ot each and everq
such payment shall be immediately due and payable and shall bea~ interest from the date thereo! until paid
at the rate oi ten per centurn per annum and together with such interest shall be secured by the lien of thie
mortgage.
S. To place and continuousiy keep on Lhe bultdin~a now or hereafter eltuate on said land lire and windstorm
insurance in the ~~ual standard policy form, in a sum not les~ than i--•-.--•-•------------------••--.--•----.....---••----..., in auch com=
pany or comp^afies as may be approved by sai~l :?lort~nrce: an~ Rll such insurance policies on any ot said build-
ings, any interest therein or part thereof, in the a~firegate sum atoresaid or in excess thereot. 9ha11 contain the
usual standard mortgagee clause makin~ the lucs ur.d~r said poUcies, each and every, payable to said 1?tortga-
gee as hi$ iniernst may appear, and each and e~•ery su~•h policy shall be promptly delivered to and held by esid
Diortgagee; and, not less than ten days in ad.•an~e of the expiration ot each policy, to deliver to snid Mortgagee
'j a renewa! thereof, toAether with s receip! tor thP premium of ~~rh rnnrwnl• and there ahall be no such insur-
ance placed on any ot caid buildin~s, any interest therein or part thereof, unless in the form and with the loas
payable as aforesaid; and in the e~•ent any sum of money becomes payabte under sUCh pollcy or policies said
Mort~agee shall have the option to receive and apply the same on account of the indebtedne~ secured hereby or
to permit said Mortgagor to receive and u~e it or any part thereot for other purposes without thereby waiving
or impalring any equity. lien or ri~ht under ar by ~iriue of this mortgage; snd in the event said Mortgagor ~hall :
for any reason fai) to keep the said pr?mises so insumd, or fail to deliver prompUy any of said policie9 0! ;
insurance to said J~tortga(;ee, or fail promptly to p~y tutty any premium therefor, or in any respect fail to per-
form, discharge, execuie, effect, complete, comply k-ith and abide by this covenant, or any part hereof, said Mortg-
ngee may place and p$y for such insurance or any part thereof without v~aiving or affecting any option, tien,
equity or right under or by tirtve of this mortgage, and thc full amount of each and every auch payment shaD
be immediately due and pa~able end ahall bear intPrest trom the da[e thereot unt11 paid at the rate of ten per
centum per annum nnd together with such interest shall be secured by the lien ot thi~ mortgage.
4. To permit, commit or sui[er no vraste, impairment or deterioraUoa ot aatd propertp or any part thereof.
6. To paq all and alnRular the costs, chargee and expenses, including reasonaale lawyer'e fees and cwt of ~
ab9tracts ot tiUe. lncurred or paid at any time by safd Mortgagee because and/or tn the event of the fallure
on, the part o[ the said MortgaRor to duly, promptly and fully perfoe~m~ dlscharge, eacecute, effect. complete,
comply with and abide by e$ch and every the stlpulaUona, agreements, conditlon~ and vovenants oi aaid promla-
sory note. and this mort~e, nny or either, and said costs, c1?argea and e~[penses, et~ch and every, ahaU be im-
medlately due and payable, whether or not there be notice, demand, attempt to collect or auit pending: and the
~ ful) amount oi each and every euch pavment ahall bear intereat from the date Wereof until pafd at the rate o!
ten per centum per annum; and all aafd costa, chargea and e~cpenses so incurrM or paid. together with suc6 ia-
tereat, ehall be secured by the tfen o? Ws mortgage.
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